Charity Registration No. 1020192
Company Registration No. 02806429 (England and Wales)
The Grace Eyre Foundation
Consolidated Report and Financial Statements
for year ended 31 March 2025
grace
eyre
ABILITY
EQUALITY
INDEPENDENCE

Page
Company information
Trustees, report
4-22
Statement of Trustees,
responsibilities
Independent auditorfs report
23
24-28
Statement of financial activities
29-30
Balan￿ sheet
31
Statement of cash flows
32
Notes to the financial statements
3349

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Registered OfficelAddress:
Telecom House
Ground Floor West
12&135 Preston Road
Brighton,
East Sussex, BN16AF
Bankers:
Bardays Bank PLC
139-142 North Street
Brighton,
East Sussex, BN1 1 RU
Independent Audltors:
TC Group
One Bell Lane
Lewes
East Sussex, BN7 1 JU
Legal Advisors:
DMH Stallard
Griffin House
135 High Street
Crawley
West Sussex, RH10 1 DQ
Company No:
02806429
Charity Reglstratlon No:
1020192
SecretsrylCEO:
Eva Eriksson
TrusteeslDirector
Anna Cooley- Chair
Andrew Horne - Treasurer, joined 3110512024
Simon Owen
Stuart Leaney
stephanie Smith
Josh Puglia
Lisa Ryan
Baldeep Dhol
Mark Blake - joined 3110512024
Dominic Mcmahon - joined 07107125
Camilla Gauge - resigned 1610512024
Lenna Cumberbatch - resigned 0610712024
Peter Begley - resigned 0711112024
Kirsty Pentecost- resigned 0711112024
Samantha Boast- resigned 1811212024
Elisabeth Corbishley - resigned 0310112025
Daniel Parsonage - ￿Signed 2410612025

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
TRUSTEES REPORT
The trustees have pleasure in presenting their report and financial statements for the
year ended 31 March 2025. The financial statements have been prepared in
accordance with the accounting policies set out in note 1 to the financial statements
and comply with the charity's governing document, the Companies Act 2006 and
"Accounting and Reporting by Charities: Ststement of Recommended Pracb"ce
applicable to charities preparing their accounts in accordan￿ with the Financial
Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102)"
(effective 1 January 2019).
PURPOSE, CHAR TER, VISION. MISSION AND VALUES
The principal objective of the Gra￿ Eyre Foundation is to support and assist people
with leaming disabilities, mental health needs, physical or sensory disabilities, old
age or any other similar support need by arranging, providing or assisting in
providing accommodation, employment, education, training, recreation, occupational
activities and similar sen41￿s.
Our Charter
Our Charter is about living our lives in the way we want to, getting support from kind
and friendly people:
We want to be listened to
We want to be part ofour community
We want to have strong and supported relationships
We want good housing
We want jobs
We want to travel around
We want to ty new things
We want to be heafthy

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
Our Vislon
Grace Eyre's vision is for a society where people with a learning disability and
autistic people can fulfil their dreams and wishes, are respected as equal citizens,
and are part of, and contribute to their communities.
Our Misslon
Grace Eyre's mission is to deliver Our Charter created by people with a leaming
disability and autistic people who want: to be listened to,. have aC￿sS to housing" be
part of their community,. have strong and supported relationships., have jobs; travel
around. try new things and to be healthy.
Our Values
Our organisational values are a shared set of standards that everyone at Gra￿ Eyre
can aspire to and help us to bring our vision, mission, Charter and Our Plan to life.
Our values are:
Welcoming - everyone invited
Encouraging - in it together
Pioneering- aiming high
Joyfvl - having fun
Celebratory - sharing Suc￿sS
grn￿eyre
values
Encouraglng
In it tO9*lh*r
Pioneering
Aiming h￿h
Celebratory
Sh4Vry succe55

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
THE FOCUS OF OUR WORK
The Grace Eyre Foundation supports people with a learning disability and autistic
people through four key services: Active Lives, Shared Lives, Choices, and Gra
Eyre Housing.
In addition, the four ServI￿S are supported by 'Our Voices,, which is headed up by
an Inclusion & Projects Director and a team of people with lived experience of a
leaming disability andlor autism, and works towards Grace Eyre being led by people
with a learning disability andlor autistic people.
Throughout the year we had enquiries and referrals from 296 individuals and of
those we were able to offer a service to 73 people. This shows the need for the
services Gra￿ Eyre offer is in great demand and the need to expand is great.
The charity adds to the social care fees from local authorities by fundraising for
projects that would otherwise not be funded. This year we achieved funding for our
allotment, business transformation, employment, health and well-being, Pioneer Arts,
Preston Park Station Mural, Purple Production and Travel Buddy project. In total we
raised £390k from trusts & foundations, fundraising events and donations.
Active Lives has been suc￿Ssful in developing its ServI￿S further to become more
community based. By March 2024, 182 individuals took part in activities delivered as
part of the building-based support and our projects such as Travel Buddy Project and
Employment Project. We moved our day opportunities base to Telecom House in
November 2024 and started activities in a further four community spaces as well as
eight sports and leisure centres across Brighton & Hove and West Sussex.
[/.
The Travel Buddy Project completed their successful home to school pilot project in
Brighton & Hove and has been successful in gaining a three-year grant from

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
Motability, which has seen the project so far working with 6 individuals learning to
travel and 23 people attending workshops on independent travel.
Our Employment Project has been supported by grants, in particular from West
Sussex Adult Education Learning, towards Skills for Work and Skills for Life training
across West Sussex, with a focus on Worthing, Chichester and Crawley. In addition,
43 people completed numeracy training, and we trained 8 numeracy champions.
Pioneer Arts, an online gallery, was started with a grant from Brighton & Hove City
Council and has continued to attract some other smaller grants. The aim is to
showcase and sell art from marginalised artists with a learning disability andlor
autistic people.
Shared Lives supports 63 people with a leaming disability, autistic people, and
mental health needs, matching individuals with 48 paid carers so that they can live
and participate in the community and provide ongoing support. We continue to work
with over 15 local authorities through this service. Shared Lives has reviewed its
SeNi￿S and diversified its offers, such as 'Shared Lives Local, (people supported by
self-employed carers living nearby) and 'HomeShare' (where a person with a larger
property shares with a person for reduced rent and in return supports the individual
with some light housework etc.). The aim going foTrvard is to break even financially
by 2027.
Choices supports 293 individuals and offers two types of services across Brighton &
Hove and West Sussex.. supported living and community outreach support to
individuals, with a flexible service varying from 24-hour daily support to 1-20 hours of
support per week.
The
Reach
graceeyre
IY.

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
We also opened 'The Reach, in March 2024 in a central location with good bus
routes. It offers a service to people living in Brighton & Hove with lower support
needs in a way that meets their needs and enables them to make connections with
others, access support when they need it and promotes independence. It provides a
drop-in Servi￿ together with a home visit or some group activities in the community
with a view to people making friendships and eventually organise these on their own.
The first year has been positive and we have leamt a lot..
We have supported people with the transition to this new support model -
both staff and people we support.
We have supported people to pay client contributions, which have risen
andlor are new to people.
We have considered the layout of the room to be as productive as possible
while also making it a warmlwelcoming spa
We have met new people who have lower support needs but come to us with
a different set of problems, such as tenancy support, budgeting, healthy
lifestyles, drug and alcohol related problems, exploitation from friends. The
managers and staff have had to upskill themselves to support these new
areas.
People have been making friendships through The Reach and arranging to
spend time together without paid support.
People have been trying new things in the community, for example: we
supported people to go to London because they said they had never had
before; someone went to the dentist for the first time,. people have been
accessing different community groups and have continued to attend these
groups without support.
The serrfice needs to grow in numbers to make it more sustainable so we are taking
on new referrals this year. We want a smaller more focussed staff team who
embrace this new way of providing support. We will ensure the space is welcoming
to everyone, taking into consideration different requirements, for example, more
autism-friendly times, quiet times, or specific topics of support times.
We have put individual's wants and wishes at the ￿ntre of this service, and it is
changing people's lives. It is providing more immediate positive outcomes for people
as when they come in with a problem it can often be resolved straight away or within
a shorter time scale. The people we support can be vulnerable in the community, but
The Reach offers a safe, supportive environment with a team that can resolve
issues and find ways to keep people safe in their communities. People are gaining
the skills and confidence to enjoy what Brighton & Hove has to offer with friends
made at The Reach, rather than with a paid worker. We have worked in positive
partnership with Brighton & Hove City Council Commissioners and Social Work
Teams to develop this alternative way of providing support.

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
Grace Eyre Housing has 162 bedspaces across Brighton & Hove and West
Sussex. They act as the landlord for people with a leaming disability, autistic people
and people with mental health needs living in their own accommodation. Grace Eyre
Housing has grown significantly during the year and is beginning to make a real
difference to the housing challenges for people with a learning disability, autistic
people and people with mental health issues. We work in partnership with many care
and support providers including Venture People, Arundel Care, Achieve Together,
SPINC, Mencap, Amaze, Sands Project, Caremark etc. and of course Grace Eyre's
own Choice's and Shared Lives services.
The most exciting project during the year has been the Peer-to-Peer Project, funded
by Nationwide. A team of one Peer Tenancy Support Coordinator and bNo Tenant
Mentors have contacted 34 tenants who re￿iVed 1-1 visits. The introduction of Peer
Mentors has given tenants that haven't previously engaged the opportunity to
engage with someone they can relate to.
The project has provided groups and activities, including tenant meetings and drop-
ins, in both West Sussex and Brighton, as well as sending out regular updates to
tenants, The meetings provided opportunities for tenants to come together, share
eXperIen￿S and feedback so that Housing can be more inclusive. Other events run
by the project included:
Two large social events (summer 2024 & De￿rnber 2024), with tenants
helping on the day
Four LGBTQ tenant meet ups and plans to work in partnership with another
agency going forward (Speak Out)
Three games nights in collaboration with Purple Productions, where we
supported tenants to attend
Four video workshops to create ac￿Ssible housing content.
Two Creativity Clubs (in collaboration with The Reach), introduced based on
eviden￿ that many tenants value creative outlets to help with wellbeing and
self-exp￿sSion. One tenant led on this, creating a poster, then planning and
delivering the session
Supporting three tenants with shortlisting and sitting on the interview panel for
the recruitment of the Peer Mentors
One tenant giving a talk on his housing experiences to younger people with
leaming disabilities looking to move into more independent living
The Peer to Peer Project had made a big difference to tenants as they now have
opportunities to meet other tenants, develop friendships, and participate in activities
that build Confiden￿ and skills, and support mental wellbeing. One tenant who was
feeling anxious over financial difficulties and who came to the tenant meeting said:
.1 can say hand on heart that assuredly you have created safe spaces in the
tenancy groups, and coming to the group on Wednesday did my mental
health and sense of stability a wortd of good".

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
In another example, a tenant, who had previously had little engagement with the
Peer-to-Peer project, was part of an interview panel for the recruitment of a peer
mentor. They were initially nervous but were supported before and during the
process. Everything went well and after the first interview, their Confiden￿ grew and
they ended up enjoying it. The tenant then agreed to work with the newly recruited
mentor to develop a women's group, which will help to continue to build their
confidence and engagement.
The project has also supported people with their daily living skills. For example, one
tenant who struggled with their cooking was helped by others in the group to come
up with a new, easy recipe they could try and talked through how to make it. Other
subjects covered by the group included voting and politics and how to make them
more accessible.
Our Voices makes sure that both Gra￿ Eyre and wider society a￿ inclusive of
people with a leaming disability and autistic people. There are seven members of
staff, 820A of whom are people with a learning disability or autistic people.
Two members of staff went through a redundancy consultation due to the closure of
the Quality Checker Project. They now have new roles in the organisation as Oliver
McGowan Lived Experience Co-facilitators.
We have three trustees with lived experience and we are in the prO￿sS of recruiting
a fourth trustee. In the next year, we will have a fifth trustee with lived experience of
a learning disability or autism. We have 12 Ambassadors and eight Purple
Production volunteers.
The Our Voices team ran four campaigns this year:
Scrap Disability Tax- in development in 2024 and is now on hold
Employment- September 2025 launch
Stay Up Late - events ending after 10pm, reflecting the Stay Up Late
campaign
My Vote, My Voice campaign - organised Hustings alongside Brighton &
Hove Speak Out 2024.
10

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
£IRAI
The team worked or networked with 18+ organisations:
Learnlng Dlsablllty England - Annual Conference watch paty, forums and
focus groups. Co-produced Leaming Disability Pride events with Gary as
speaker
Regional Stak8hold8r Network - Part of the Disability Unit advocating
disability issues
Brlghton and Hove Councll - Infonnation and advi￿ work stream and
Disability Panel, community engagement collaboration-funding
Speak Out - Research, training, ac￿Ssible hustings, meeting links, events
partner
Mencap - Advocacy and campaigning, sitting on committee, Funfest funding
Carousel - Pride and events, radio show, Arts Cafe
Unity Night Club- Pride and events
Heart Venture - Pride and events
CGL- Specialist advice on supporting autistic people into employment.
Joyfully Diffaront -Disability inclusion in the workplace
Aldingbourne Trust- Social care day of action, Chichester
stay Up Late - Campaign partner, Pride and Endless Summer events
partner, social care day of action, Hove
Puzzle bored - Events and Ambassadors meetings
Brighton Fringe . Fringe artist with Laughter Lounge (Brighton's onty Neuro-
diverse Comedy night), Grace Eyre Fringe venue
NHS - Panel to inform NHS policy for Learning Disabled patients
Amaze - Partner for events Pride Parade
Spiral - Partner for events
Edge - Partner for events, partners roundtable
11

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
The Ambassadors represented Grace Eyre at the Learning Disability England
Partnership Board, Brighton Autistic Movement, and other one-off events. Vrfe took
part in a research discussion about long hospital stays for autistic people and people
with a leaming disability.
The Ambassadors also worked with members of Speak Out on a presentation about
how to organise accessible hustings for general elections. This was presented in
2024 at the annual Learning Disability England conference in London.
The Ambassadors co-delivered 'working with patients with a learning disability,
training to physician associate students at the Brighton & Sussex Medical School.
This training is c0-produ￿d with the Ambassadors and includes self-advocacy skills,
Makaton for healthcare professionals, easy read and the Accessible Information,
Mentsl Capacity Act, leaming difficulty vs leaming disability, etc, The training was a
success and has been scheduled again for the following year.
Other Our Vol￿S projects this year included:
The Ambassadors produced social media content forAutism Acceptan
Month 2025.
We continued our Trustee Training to support people into trustee positions.
Our Voices supported the organisation during Co-production Week, 1-5 July.
Over the year we trained two Grats Eyre teams and 20 colleagues in co-
production which was rolled out in March 2024.
We trained four Grace Eyre teams and 22 colleagues in easy read training,
which was rolled out in March 2024.
Our Inclusion and Projects Director worked with Human ReSoUr￿S to present
a workshop on 'understanding of reasonable adjustments, at our annual staff
conference.
Our Voices contributed to the Employment strategy, making local connections
with organisations that are keen to support us. We helped improve our
internal processes to be more ac￿Ssible by working with Human ReSoUr￿s.
Charter Checkers completed five checks of services over the year.
We trialled VideoAsk with the Ambassadors as a feedback platform for the
organisation. This was very suc￿Ssful
12

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
ENSURING OUR WORK DELIVERS GOOD OUTCOMES
Our aims and outcomes are captured in Gra￿ Eyre's Strategic Plan for 2020-2027-
known as "Our Plan. which sets the direction for all our work. "Our Plan" is reviewed
annually with input from people who use our services, staff, and trustees. In the
review, we identify what we have achieved and the outcomes of our work in the
previous year. The review looks at the perf0rnan￿ of each key activity and
identifies benefits achieved as well as issues to be addressed in the coming year.
The review process helps us ensure our aims, objectives, and activities remain
focused on our stated purpose.
The overarchlng alm of the strategy is to build a growing, financially strong, and
high-quality organisation that listens to and is led by people with leaming disabilities
andlor autistic people.
What we want to achieve
Finances and Services..
We will be financially sustainable.
We will achieve full cost recovery for Shared Lives by 2027 and maintain full cost
recovery for Choices, Housing and Active Lives.
We will achieve fundraised income to support our key projects.
We will achieve trading income to ensure can deliver good housing and two
trading projects.
We will ensure people wrth a learning disability and autistic people are employed
in our communities.
uali
and Im
rovement. Governan￿.
We will continue to develop the Quality Management Framework for Choices,
Active Lives, Shared Lives and Housing by introducing Quality Checkers.
We are improving our use of technology to support staff and the people we
support.
We will monitor, evaluate and report on our impact so we can measure the
impact we make.
We will improve board performance by supporting trustees with lived experience
and ensure reporting is easy read and supported by detailed annexes by 2025
We will measure trustee involvement by volunteer hours.
Diversi
and Inclusion. Workforce:
Through our Inclusion Strategy, we will be stronger by listening to people with
leaming disabilities and autistic people and reflecting on the Sussex communities
we engage with.
We will remain an employer of Choi￿ by our staff by 2027.
We will develop a Volunteer Strategy and will recruit and support volunteers.
13

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
Partnershi
s and Sustainabili
We will harness the power of partnerships to achieve more.
We are reducing our environmental footprint.
ACHIEVEMENTS AND IMPACT
Flnances and Services
Overall, the organisation achieved a surplus of £113,287. We have reviewed and
looked at options for our loss-making Servi￿S, with the only losses occurring in
Shared Lives this year.
Housing has seen a growth in the number of bedspaces and tenants they have been
able to house. There is a growing demand for secure supported housing for the
people we support. Shared Lives has lost all placements from West Sussex County
Council Sin￿ 1 $t April 2025. However, Shared Lives is part of a North East London
Consortium that received funding from the Department of Health, with Gra￿ Eyre
representing Barking and Dagenham. A plan is in place of reducing the los*s in
Shared Lives to zero by 2027.
The main reason for the small surplus has been the difficult financial position of local
authorities with low fee increases and slow payments. Brighton & Hove City Council
changed their contract from April 2024, which meant we do not re￿1ve payments for
voids in our supported living services, which has resulted in a £134,000 financial loss
to the charity. We work closely with all of our 19 local authorities and in particular
Brighton & Hove City Council and West Sussex County Council. Recruitment is still
challenging and in resolving these issues we are continuing to use agency staff,
which costs up to 600/0 higher than our own staff costs.
Finance and Servlces
Objective
Target by 2027
March 2025
On Track?
Financialty Sustainable
1.5 % Profit
0.89¥0 ￿ On track
Cashflow panel in
pla
Reducing
On track
Cash of£1m
10 % overheads
14.8
Full cost recovery
Shared Lives
1.5Yo profit by 2027
n track
14

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
Fundraising income to
support the Big Build
and key projects
Fundraising 50/0 total 20/0
income
Project cancelled;
income used for other
priorities where
possible
On track
Trading income to
ensure Housing and
trading companies
200A of income from
trading
Two trading
companies set up
Fundraising for
employment project
£300k
On track
Galle
Employment for all
£150,289
Progressing
Support 100 people
to jobs, volunteer or
training
53
Progressing
Quality and Improvement; Governance
Objective
Target by 2027
March 2025
On Track?
Use of technology
Quality checks for
all ServI￿S
Combined checks by
Quality Checkers and
Quality Manager.
Business
transfonnation
2new
So￿are for
care
management
and HR in
place
Progressing
Outcomes and impact
Standardised
reporting - what
reporting format by
differen￿ do we make? 2025
Not achieved - project
moved to Marketing.
Become user-led -
trustees with lived
experien
Five trUst￿S with
lived experien￿,
all reports easy
read.
Easy read templates and
guidance in place, 4th
trustee has been
recruited.
15

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
Equallty, Dlverslty and Incluslon; Workforce
Objective
Target
March
2025
On Track?
Equality, Diversity and
Inclusion Strategy
implemented
Staff forums set up
1setup
Progressing
20% stsff with lived
experience
9.40
Progressing
People we support
choosing their own
staff.
Report on diversity
Pay gap reporting
includes diversity and will
continue to be enhan￿d.
Employer of choice
Competitive rates of
pay and benefits
Vacancies are over
target and staff tumover
are within targets.
vacancy
turnover
Achieve IIP Gold by
2027
Silver
On track. IIP silver this
year.
Volunteer Strategy
Recruit 100
volunteers
31
New volunteer guidance
and support in place.
Partnerships and Sustainability
Objective
Target
March 2025
On Track?
More partnerships
6 formal
partnerships
Achieved
Redu￿ our
environmental impact
Green Team set
up to increase
organisational
sustainability,
including waste
reduction and
more recycling
Achieved
up
16

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
Management of
energy and
utilities
started
measufing
via the
ESOS
scheme
Progressing
Improve green
Started with
spaces by setting the allotment
up a horticultural
project
stsrted project
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Grace Eyre Foundation is a charitable company limited by guarantee,
incorporated on 2 April 1993 and registered with the Charity Commission on 23 April
1993. In the event of the company being wound up, members are required to
contribute an amount not exceeding £1. The governing document of the organisation
is its Articles of Association.
The skills and knowledge of the trustees, who also act as Directors of the Company,
were reviewed during the year to identify gaps with a view to ensuring that the
trustee body has an appropriate range of relevant skills and experience. Six trUSt￿S
resigned during the year, which leaves the number of trustees at ten. The new Chair,
Anna Cooley, together with the trustees, will look at gaps in skills needed for the
board and any vacancies identified will be advertised. The charity is committed to
ensuring that the voice of people with a leaming disability and autistic people is
reflected in decisions made by the board of trustees. Three of the trustees have lived
experience, and a target has been set of having five trustees with a learning
disability or autistic people by 2026.
The Committ￿ structure remained the same with three committees:
The Big Build Committee has been overseeing the Montefiore Road
refurbishment work. However, this committee had its last meeting on the 24th
March 2025 and has now been closed.
The Audit & Risk Committee has been invaluable in steering the charities,
finan￿S and quality scrutiny. A new chair, Andrew Horne, was appointed by
the Board in May 2024.
The Remuneration Committee meets once per year to determine salaries and
terms and conditions for the Chief Executive and the Directors that make up
the Executive Team.
The committees support the work of the Board of Trustees. Trustees have
undertaken training throughout the year and have explored the Charity Governance
Code at each of their meetings to ensure trustees fully understand their role and
purpose. An external Governance Review will be undertaken in the coming year.
17

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
The trustees have in place prO￿sseS for decisions in relation to the charity's
finances, human and other reSoUr￿S including setting the annual budget and
deciding on major financial commitments, the strategic plan - Our Plan 2020-2027,
the risk management plan, Health & Safety, and other major policies and
pr0￿dUreS. The trustees have monitored the implementation of the cUr￿nt strategic
plan. The trustees are satisfied that the charity has achieved some of what it set out
in the first five years of the plan and will undertake a review of our strategic plan with
view to developing a new strategic plan from 2026. During the year, trustees will
discuss the key priorities and agree new objectives and targets, risks and
timescales. A Board Assurance Framework will be developed to support the
trustees.
The Big Build
The charity purchased 36 Montefiore Road in Hove in 1950, and it has been our
base since then. However, the trustees had to make the very difficult decision not to
go ahead with our Big Build at their meeting on 31st March 2025.
We have been planning this amazing development Sin￿ 2018 and, this year, the
trustees were at last ready to go ahead with this ambitious and exciting ￿n0VatIOn
project to transform the headquarters of the charity into eight flats for people with a
learning disability andlor autistic people. office space for our staff,. and a state of the
art community arts centre for artists to exhibit and including a theatre run by and
used by people with a learning disability andlor autistic people.
However, the harsh reality of a difficult social care climate, caused by the actions of
the government and local authorities, has tipped the feasibility of the project away
from us. The introduction of increases to National Insurance and the Real Living
Wage has cost us over £700k, which represents a rise in costs of 8 % .
Additionally, a local authority's decision to offer us a Ovo increase to provide our
ServI￿S has further increased our uncertainties and we are probably facing the most
difficult financial environment of the last 15 years.
Grace Eyre is detemiined to ensure our charity can continue to support more than
600 people with a learning disability andlor autistic people going forward, which is
why the trustees have had to take this very difficult decision. We need all our
resources to continue our work, and we will continue to stand firm against any
additional pressures that may compromise the health and well-being of society's
most vulnerable members. It was noted that low fee income from local authorities
continues to create real difficulties in recruiting and retaining staff, however we
continue to support the real living wage.
To ensure we have a clear plan to manage the volatile financial environment we find
oUrSe￿eS in, since the introduction of raised employers, national insurance and the
National Living Wage and the continued difficult financial position of local
18

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
govemments, on their away day in April 2025, trustees started discussions about the
key priorities for a new strategic plan,
PUBLIC BENEFIT
In shaping our objectives and planning our activities for the year, the trustees have
given consideration to the duties as set out in section 17(5) of the Charities Act 2011
to have due regard to public benefit. In particular, the trustees have considered how
the planned activities will contribute to the overall aims and objectives that they have
set. The trustees believe that the following paragraphs on the vision, mission and the
Charter, developed by people wilh a learning disability and autistic people, relate in
detail to the benefit that the charity provides to the public.
RISK MANAGEMENT
At their Audit & Risk Committee meeting and as part of the Our Plan review, the
trustees debated and considered major risks affecting the charity. The principal risks
and uncertainties facing the charity, as identified by the trustees are..
rfxi
Top 5 Risks to the Organisation
No
Rlsk
What are we dolng to reduce the rlsk?
Flnance: Cashflow
Poor financial Performan￿ of
the charity resulting in a loss
position and inability to meet
our payments as they fall due
to insufficient cash.
Set up a cashflow panel monitoring
cash on a daily and weekly basis.
PrOdu￿d a 13-week cashflow
projection. Working with debtors for
payments of debts owed to us and
reducing unpaid voids.
Finance: Incom8 - local
authority fee levels- are
inadequate to ensure
sufficient income to make a
surplus.
Finance: Spending- poor
control of costs resulting in
a loss position.
Ongoing negotiations with local
authorities, diversification of income,
innovation and consider partnerships
and mergers.
Business partners working closely with
budget holders, increased monitoring
through management accounts. Senior
Managers have been tasked with making
savings where possible. Reviewed stsffing
levels for all services. Renegotiating some
key contracts e.g. mobile phones.
19

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
Cyber crime e.g.
ransomware, loss of systems
IT is in-house. Training is held around
cyber security. New training plan being
developed. Working for Cyber Essentials
accreditation.
Safeguarding leads by director and
trustee, safer recruitment, higher salaries,
mandatory training, serous incident
reviews, whistleblowing and code of
conduct for staff and lessons learnt.
Safeguarding -
reputational damage
leading to loss of contracts
and downgrading by
regulators.
Issues in relation to new business and the Risk Management Plan are managed on a
day-to-day basis by the Chief Executive and the Executive Team and monitored by
the Audit & Risk Committee which reports to the Board of Trustees.
As a charity, Gra￿ Eyre closely monitors developments in both local and national
policy. In re￿nt years, significant changes have been required in how services for
people with a learning disability or autistic people are delivered. We are fully
committed to the emphasis on a person-centered approach with increased
involvement of individuals who use our ServI￿S and their family carers in all aspects
of Servi￿ design and provision. Locally, in Brighton & Hove and West Sussex, the
organisation has been closely involved in the Learning Disability Partnership Board
(or equivalent) and Provider Forums which has proved invaluable in establishing joint
working and in planning future servI￿s.
The charity employs a Chief Executive, Eva Eriksson, who with the Executive Team
of Jane Bettany, Naomi Cox, Julie Rossiter, Nathaniel Lawford, Chris Hill and
Russell Jordan, manages the charity's operations on a day-to4ay basis.
In total the charity employs 318 (233 FTE) employees.
FUTURE PLANS
The charity will continue to build our financial sustainability and continue to
strengthen our values and culture. We believe that these key areas will support the
aims in Our Plan 2020-2027:
Sale of Montefiore Road and replacement of Head Office and Active Lives:
Our Head offi￿ and Active Ltves - day opportunities have moved to
temporary premises while we are considering options for replacing Montefiore
Road
A Task and Finish Group has been set up to look at options for selling and
replacing Montefiore Road.
Financial Resilience:
Ensure we monitor and improve our cashflow
20

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2026
Ensure all our services are profitable and can produce a minimum of 1.50
surplus
Ensure our budget managers can control their costs as agreed in our budget
Continuing to grow our services and keep overhead costs to 100
Business Transformatlon:
Build our use of technology to ensure a better quality of life for the people
we support and increase efficiencies to be able to have timely and accurate
reporting to the board of trustees and all our rnanagers
To embed new HR, Care Management and Fundraisinglmarketing software,
to build on the use of InForm for Housing, and research the best accounting
system for the charity
FUNDRAISING
We continue to invest in a fundraising team within our Income Generation
Directorate to help diversify our income. All fundraising activities at The Grace Eyre
Foundation are undertaken in accordan￿ with Charities (Protection and Social
Investment) Act 2016 section 13. All fundraising activities are carried out by staff
employed directly by Grace Eyre. We do not undertake any direct fundraising
activities such as door-to-door, private site or street-based fu ndraising activities.
The Grace Eyre Foundation is voluntarily registered with the Fundraising Regulator
and praCtI￿S its fundraising activities within the regulatorfs Code of Fundraising
Practice. Senior fundraising staff are members of the institute of fundraising and
abide to its compliance framework. There have been no instances of failure to
comply with Fundraiser Regulatory standards and O complaints have been re￿iVed
since our registration with them. Fundraising staff and volunteers adhere to the
Association's Ethical Fundraising Policy and relevant safeguarding policies to
ensure vulnerable people are protected.
FINANCIAL REVIEW
Against the backdrop of inflation, interest rates hikes, the cost-of-living crisis and
Un￿rtaIntieS over the future funding of services, Grace Eyre Foundation made a
surplus of £113,287 in 2024-25 compared to a loss of £374,931 in 2023124.
SUC￿SSful actions have been taken to turn this around in 2025126 including looking
at costs, such as renegotiating big contracts, growth, and diversifying income.
INVESTMENT POLICY
Funds that are surplus to current working requirements are invested in cash deposit
accounts with major banks or similar financial institutions. Investments are reviewed
periodically by the trustees to maximise returns and maintain capital value.
21

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
RESERVES POLICY
Grace Eyre sets its reserves target based on a risk assessment. The risk-based
reserves policy is designed to ensure that Grace Eyre has sufficient financial
resources to meet its objectives while maintaining financial stability, considering the
specific risks facing the organisation. The reserves target is reviewed annually by the
Board of Trustees to ensure that it remains appropriate. The reserve requirement is
calculated as follows:
Total funds
Less fixed assets
Less restricted funds
Totsl free reserves
Reserves policy minimum target
3,356,236
2,246,640
255012
854 584
750,000
The level of reserves is currently slightly above Grace Eyre's target,
AUDITOR
In accordance with the company's articles, a re-tender will be undertaken to appoint
new auditors, and the successful auditors will be approved at the Annual General
Meeting in November 2025.
DISCLOSURE OF INFORMA TION TO AUDITOR
Each of the trustees has confirmed that there is no information of which they are
aware which is ￿levant to the audit, but of which the auditor is unaware. They have
further confirmed that they have taken appropriate steps to identify such relevant
information and to estsblish that the auditor is aware of such information.
The Trustees, Report was approved by the Board of Trustees on 7th July 2025.
Anna Cooley - Chair
Andrew Horne - Treasurer
Trustee
Trustee
Date..
..1&/ o.%../!olS
22

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
STA TEMENT OF TRUSTEES RESPONSIBIUTIES
The trustees, who are also the directors of The Grace Eyre Foundation for the
purpose of company law, are responsible for preparing the Trustees, Report and the
financial statements in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practi￿).
Company Law reqUI￿S the trustees to prepare financial statements for each financial
year which give a true and fair view of the state of affairs of the charity and of the
incoming reSoUr￿S and application of reSoU￿s, including the income and
expenditure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to..
select suitable accounting policies and then apply them consistently
obsenle the methods and principles in the Charities SORP
make judgements and estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed,
subject to any material departures disclosed and explained in the financial
statements. and
prepare the financial statements on the going con￿rn basis unless it is
inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that
disclose with reasonable accuracy at any time the financial position of the charity
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 charity and
hen￿ for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
23

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF THE GRACE EYRE FOUNDATION
Opinion
We have audited the financial statements of The Gra￿ Eyre Foundation (the
'charity') for the year ended 31 March 2025, which comprise the statement of
financial activities, the balan￿ sheet, the statement of cash flows and notes to the
financial statements, including 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 Standard applicable in the UK and Republic
of Ireland (United Kingdom Generally AC￿pted Accounting Practice).
In our opinion, the financial statements:
give a true and fair view of the state of the charitable company's affairs as at
31 March 2025 and of its incoming resources and application of reSoUr￿s,
including its income and expenditure, for the year then ended;
have been properly prepared in accordan￿ 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 accordan￿ with International Standards on Auditing
(UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards
are further described in the Audito¢s responsibilities for the audit of the financial
statements section of our report. We are independent of the charity in accordan
with the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled
our other ethical responsibilities in accordance with these requirements. We
believe that the audit evidence we have obtained is sufficient and appropriate to
provide a basis for our opinion.
Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which
the ISAS (UK) require us to report to you where:
the trustees, use of the going con￿rn basis of accounting in the preparation
of the financial statements is not appropriate., or
the trustees have not disclosed in the financial statements any identified
material Un￿rtaIntieS that may cast significant doubt about the charity's
ability to continue to adopt the going con￿rn basis of accounting for a period
of at least twelve months from the date when the financial statements are
authorised for issue.
24

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
Other information
The other information comprises the information included in the annual report other
than the financial statements and our auditorfs report thereon. The trustees are
responsible for the other information contained within the annual report. Our
opinion on the financial statements does not cover the other information and,
except to the extent otherwise explicitly ststed in our report, we do not express any
form of assuran￿ conclusion thereon. Our ￿sPonsIbl11ty is to read the other
information and, in doing so, consider whether the other information is materially
inconsistent with the financial statements, or our knowledge obtained in the course
of the audit, or otherwise appears to be materially misstated. If we identify such
material inconsistencies or apparent material misstatements, we are required to
dete￿nine 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 infomation, we are required to
report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken during our audit..
the information given in the Trustees, Report for the financial year for which
the financial statements are prepared, which includes the directors, report
prepared for the purposes of company law, is consistent with the financial
statements., and
the directors, report included within the Trustees, Report has been prepared
in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and its environment
obtained in the course of the audtt, we have not identified material misstatements
in the directors, report included within the Trustees, Report.
We have nothing to report in respect of the following matters in relation to which
the Companies Act 2006 requires us to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for
our audit have not been received from branches not visited by us,. or
the financial statements are not in agreement with the accounting records
and returns., or
rtain disclosures of trustees, remuneration specified by law are not made;
or
25

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
we have not retsived all the information and explanations we require for our
audit., or
the trustees were not entitled to prepare the financial statements in
accordan￿ with the small companies, regime and take advantage of the
small companies, exemptions in preparing the Trustees, Report and from the
quirement to prepare a strategic report.
Responsibilities of trustees
As explained more fully in the statement of trustees. responsibilities, the trustees,
who are also the directors of the charity for the purpose of company law, are
responsible for the preparation of the financial statements and for being satisfied
that they give a true and fair view, and for such internal control as the trustees
determ ine is necessary to enable the preparation of financial statements that are
free from material misstatement, whether due to fraud or error. In preparing the
financial statements, the trustees are responsible for assessing the charity's ability
to continue as a going concem, disclosing, as applicable, matters related to going
concern and using the going concem basis of accounting unless the trustees either
intend to liquidate the charitable company or to cease operations, or have no
realistic alternative but to do so.
Auditor's responsibilities for the audit of the flnanclal statements
Our objectives are to obtain reasonable assuran￿ about whether the financial
statements as a whole are free from material misstatement, whether due to fraud
or error, and to issue an auditorfs report that includes our opinion. Reasonable
assuran￿ is a high level of assuran￿ but is not a guarantee that an audit
conducted in accordance with ISAS (UK) will always detect a material misstatement
when it exists. Misstatements can arise from fraud or error and are considered
material if, individually or in the aggregate, they could reasonably be expected to
Influen￿ the economic decisions of users taken on the basis of these financial
statements.
Irregularities, including fraud, are instsnces of non-complian￿ with laws and
regulations. We design prO￿dureS in line with our responsibilities, outlined above,
to detect material misstatements in respect of irregularities, including fraud. The
extent to which our prO￿dureS are capable of detecting irregularities, including
fraud is detailed below:
obtained an understanding of the nature of the sector, including the legal
and regulatory framework that the charitable company operates in and how
the charitable company complies with the legal and regulatory framework.
inquired of management, and those charged with governan￿, about their
own identth'cation and
assessment of the risks of irregularities, including any known actual,
suspected or alleged InStan￿S of fraud," and
26

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
discussed matters about non-complian￿ with laws and regulations and how
fraud might occur including assessment of how and where the financial
ststements may be susceptible to fraud.
As a result of these procedures, we consider the most significant laws and
regulations that have a direct impact on the financial statements are FRS 102,
Charities SORP {FRS 102), Companies Act 2006, Charities Act 2011, the
charitable company's governing document, tax legislation and Charities (Protection
and Social Investment) Act 2016. We performed audit procedures to detect non-
compliances which may have a material impact on the financial statements which
included reviewing the financial statements, including the Trustees, Report, and
remaining alert to new or unusual transactions which may not be in accordan
with the goveming document.
The most significant laws and regulations that have an indirect impact on the
financial ststements are employment law, health and safety regulations and the UK
General Data Protection Regulation (UK GDPR). We performed audit procedures
to inquire of management and those charged with governance whether the
charitsble company is in compliance with these laws and regulations and inspected
Corresponden￿ with regulatory authorities.
We identified the risk of management override of controls as the area where the
financial statements were most sUs￿Ptib1e to material misstatement due to fraud.
Audit procedures performed included, but were not limited to, tssting manual
journal entries and other adjustments, evaluating the business rationale in relation
to significant, unusual transactions and transactions entered into outside the
normal course of business and challenging judgments and estimates.
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-complian￿ 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
InStan￿S of non-compliance. The risk is also greater regarding irregularities
occurring due to fraud rather than effor, as fraud involves intentional concealment,
forgery, collusion, omission or misrepresentation.
A further description of our responsibilities is available on the Financial Reporting
Council's website at: htt s'./lwww.frc.or . uklauditorsres
onsibilities. This
description forms part of our auditorfs report.
27

THE GRACE EYRE FOUNDATION
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED
31 MARCH 2025
Use of our report
This report is made solely to the charitable company's members, as a body, in
accordan￿ with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work
has been undertaken so that we might state to the charitable company's members
those matters we are required to state to them in an auditorfs report and for no
other purpose. To the fullest extent pennitted by law, we do not accept or assume
responsibility to anyone other than the charitable company and the charitable
company's members as a body, for our audit work, for this report, or for the
opinions we have formed.
Davld Martln FCA {Senlor Statutory Audltor) for and on behalf of TC Group
LQ
Statutory Auditor
Offi￿. Lewes
28

THE GRACE EYRE FOUNDATION
srATEMENT OF FINANCIAL AcfiviTIES
INCLUDING INCOME AND EXPENDITURE Accoumr
FOR THE YEAR ENDED 31 MARCH 2025
Current flnanclal year
Unrestrlcted Restrlcted
funds
funds
2025
2025
Total
Totsl
2025
2024
Notes
Income from:
Donations and legacie5
Charitable activities
Other trading activities
Investments
6,105
12,347,491
26,375
9,222
284,453
290,558
12,347,491
26,375
9,222
124,788
11,164,348
66,797
12,896
Total income
12,389,193
284,453 12,673.646
11,368,829
Ex
nditure on:
Ralsing funds
141.878
141,878
137.471
Charitable activities
12.323,169
95,312 12,418,481
11,606,289
Totsl expendlture
12,465,047
95,312 12,560,359
11,743,760
Net {expenditure)fincome for the yearl
Net movement In funds
(75,854)
189,141
113.287
1374.931}
Fund balances at l April 2024
3,177,078
65,871 3,242,949
3,617,880
Fund balances at 31 March 2025
3,101,224
255,012
3,356,236
3,242,949
The statement of financial activities includes all gains and losses recoEnised in the year.
The statement of financial attivities also complies with the requirement5 for an income and expenditure account
under the Companie5 Act 2006.
29

THE GRACE EYRE FOUNDATION
srATEMENT OF FINANCIAL AcfiviTIES (CONTINUED)
INCLUDING INCOME AND EXPENDrruRE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Prior financial year
Unrestrlcted Unrestrlrted Restrlcted
funds
funds
funds
general Designated
2024
2024
Total
2024
2024
Notes
Int
me from:
Donations and le8acies
Charitable activitles
Other trading activities
Investments
16,886
11,163,877
66,797
12,896
107,902
124,788
471 11.164,348
66,797
12,896
Totsl Income
11,260,456
108,373 11,368,829
endtture on:
Ralsing funds
137,187
137,471
Charitable activltles
11,520.204
86.085 11.606,289
Total expenditure
11,657,391
86,369 11,743,760
Gross transfers between funds
1.021,522 11,039,125)
17,603
Net (expendfture)/lncome for the yearl
Net movement in funds
624,587 11,039,125}
39,607
1374,9311
Fund balances at l April 2023
2.552.491
1.039.125
26.264 3,617,880
Fund balances at 31 March 2024
3,177,078
65,871
3.242.949
30

THE GRACE EYRE FOUNDATION
BALANCE SHEEr
AS AT 31 MARCH 2025
2025
2024
Notes
Flxed assets
Tan8ible a55ets
14
2,246,640
1,757,713
Current assets
Debtors
Cash at bank and in hand
15
2,020,960
260,571
1,373,394
920,267
2,281,531
2,293,661
Creditors: amaunts falllng due wlthln
one year
16
11,171,935)
1808,425)
Net current assets
1,109,596
1,485,236
Total assets less Current liabilities
3,356,236
3,242,949
Income funds
Restricted fund5
Unrestritted funds
Designated funds
General unrestricted funds
Revaluation reserve
19
255,012
65,871
18
2,921,680
179,544
2,997,534
179,544
3.101.224
3.177,078
3,356,236
3,242,949
The fin
ial sta
ements were approved by the Trustees on
AC
ley- Chair
Trustee
A Horne-Treasurer
Trustee
Company regi51ration number 02806429
31

THE GRACE EYRE FOUNDATION
STATEMETrrr OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operatlng actlvltles
Cash absorbed by operatlons
24
155.9021
1396,1971
lrniestlng actlvlties
Purchase of tangible fixed assets
Proceeds from disposal of tangible fixed
assets
1612,7371
181,074)
{2791
9,222
Investment income retrived
12,896
Net cash used In Investlng actlvltles
1603,7941
(68,1781
Net cash used In financlng actlvltles
Net decrease in cash and cash equivalents
{659,6961
1464,375)
Cash and cash equlvalents at beginning of year
920,267
1,384.642
Cash and cash equlvalents at end of year
260,571
920,267
32

THE GRACE EYRE FOUNDATION
NOTES TO THE FINANCIAL sfATEMEMrs
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
Charity information
The Grace Eyre Foundation Is a private company limited by guarantee incorporated in England and Wales.
The registered office is Ground Floor West, Telecom House, 125-135 Preston Road, Brighton, BNI 6AF.
1.1 Accountlng conventlon
These accounts have been prepared in accordance with FRS 102 "The Financial Reporting Standard
applicable in the UK and Republic of Ireland" ("FRS 102"), °Accounting and Reporting by Charities" the
ststement of Recommended Practice for charitie5 applying FRS 102, the Charities Act 2011 and UK Generally
Accepted Accountlng Prartlce as It applies from l January 2019. The charity is a Public Benefit Entlty as
deflned by FRS 102.
The financial statements are prepared in sterling, which is the funrtional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The prlncipal accountin8
policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the
charlty has adequate resources to continue in operational existence for the foreseeable future. Thus the
trtsstees tontlnue to adopt the going concern basis of actountlng in preparing the flnanclal statements.
1.3 Charltable funds
Unrestrirted funds are available for use at the discretion of the trustee5 in furtherance of their charitsble
objectives.
Restrlcted funds are subjett to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
IA Income
Income is recognised when the charity is legally entitled to it after any performance condition5 have been
met. the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been
notified of the donation, unless performance conditions require deferral of the amount. Income tax
recoverable in relatlon to donatlons received under Gift Aid or deeds of covenant is recognised at the time
of the donation.
Legacies are reco8nised on receipt or otherwise if the charity ha5 been notif led of an impending distribution,
the amount 15 known, and receipt is experted. If the amount is not known, the legary is treated as a
contingent asset.
33

THE GRACE EYRE FOUNDATION
N¢JfES TO THE FINANCIAL sfATEMENT5 (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2025
Accounting policie5
Icontlnued)
1.5 Expenditure
Expenditure Is reco8nised once there Is a legal or constructlve obllgation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be requlred in settlement, and the amount
of the obligation can be measured reliably.
Expenditure is classified by activlty. The tosts of each activity are made up of the total of direct costs and
shared costs. including 5UPPOrt costs involved in undertaking each artivity. Direct costs attributable to a
single activity are allocated dirertly to that artivity. 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 consistent with the use of resources. Central stsff costs are allocated on the basis of time spent. and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible fixed assets
Tangible fixed as5et5 are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is reco8nised so as to write off the cost or valuation of assets less their residual values over
their useful live5 on the following base5:
Freeholdlleasehold buildin&s
Property Improvements
Flxtures and IT projects
Motor vehicles
40 years
15 years lor the lease length, whichever is shorter)
215 years
4 years
The 8aln or loss arlslng on the disposal of an asset is determined as the difference between the sale
proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
Existing land and buildings are capitalised at the cost of purchase, plus any incidental expenses incurred in
the purchase. If Grace Eyre undertakes a rnajor building project, all directly attributable costs incurred in
bringing the asset into existence is capitalised. Furniture and equipment will be capitali5ed if the asset 15
intended for use of an on-going basis and costs over £l.000.
A regular impairment is undertaken of the fixed assets.
1.7 Impairment of fixed assets
At each reporting end date. the charity reviews the carrying amounts of its tangible a55ets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exlsts, the recoverable amount of the asset Is estimated in order to determine the extent of the impairment
1055 lif any).
IA Cash and cash equivalents
Cash and cash equlvalents include cash in hand, deposits held at call with banks, other short-term liquid
Investments wlth orlglnal maturities of three months or less, and bank overdrafts. Bank overdrafts are
shown within borrowings in current liabilities.

THE GRACE EYRE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED31 MARCH2025
Accountin8 pollcles
(Contlnued)
1.9 Financial Instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financlal Instruments Issues, of FRS 102 to all of Its flnanclal instruments.
Financial instruments are recognised in the tharity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements. when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a
net basis or to realise the asset and settle the liability simultaneously.
Baslc]Inanclal assets
Basic financial assets, which include debtors and cash and bank balances. are initialty measured at
transattion price including tfansaction costs and are subsequently carried at amortised cost using the
effertive interest method unles5 the arrangement constitutes a financing transaction, Whe￿ the transartion
is measured at the present value of the future receipts discounted at a market rate of interest. Financial
assets classified as receivable within one year are not amortised.
BasicAinon¢iol liabilities
Baslc financlal Ilabllltles, Includlng creditors and bank loans are Inltlally recognised at transaction price unless
the arrangement constitutes a financin8 transaction, where the debt instrument is MeaSu￿d at the present
value of the future payments discounted at a market rate of interest. Financial liabilitie5 classified as payable
wlthln one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course ol
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are reco8nised initially at
transaction price and subsequently measured at amorti5ed cost using the effective interest method.
Derecognition oAfinonciol liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee'5 services are
received.
Termination benefits are recogni5ed immediately a5 an expense when the charity is demonstrably
committed to terminate the employment of an employee orto provide termination benefits.
1.11 Retirefflent benefits
Payments to defined contribL*tion retirement benefrt schemes are charged as an expense as they fall due.
35

THE GRACE EYRE FOUNDATION
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2025
Critical accounting estimates and judgements
In the application of the charlty's accounting policies, the trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Critiral judgements
Depreclation
The charity exercises judgement to determine useful lives of property, plan and equipment. The assets a
depreciated down to their residual values over their estimated useful lives.
Key sources of estimatlon un¢ertalnty
Defined Benefit Penslon Scheme
The present value of the Local Government Pension Scheme defined benefit liability depends on a number
of factors that are determined on an actuarial basis using a variety of assumptions. The assumptions used in
determining the net cost or income for pensions include the discount rate. Any changes in these
assumptions, which are disclosed in note 17. will impact the carrying amount of the pension liability.
Income from donatlons and legacles
Unrestrirted Restricted
fund5
funds
2025
2025
Total Unrestricted Restrirted
funds
funds
2024
2024
Total
2025
2024
Donations and gifts
6,105
284,453
290,558
16,886
107,902
124,788
36

THE GRACE EYRE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2025
Charitable artlvlties
Charltsble
aclMties
Hou51
Charitab
attivilies
Housini
T¢)tal
2024
2025
2025
Sale of goods
Performance related
grants
Charltable rental
income
Other income
811
811
471
471
9,750,699
9.750,699
9,163,231
9,163,231
2,399,599 2,399,599
196,382
1,912,528 1,912,528
88,118
196,382
88,118
9,947,892 2,399.599 12,347,491
9,251,820 1,912,528 11,164,348
Analysls by fund
Unrestricted funds-
general
Restricted funds
9,947,892 2,399,599 12,347,491
9,251,349 1,912,528 11,163,877
471
471
Income from other tradin8 activities
Unrestricted Unrestricted
funds
funds
2025
2024
Fundraising events
Shop income
14,465
11,910
51,745
15,052
Other trading activities
26,375
66,797
Income from investments
Unrestricted Unrestrlcted
funds
funds
2025
2024
Interest receivable
9,222
12,896
37

THE GRACE EYRE FOUNDATION
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED31 MARCH 2025
Expenditure on raisin8 funds
UnrestrlLXed Restrfrted
funds
funds
2025
2025
Total Unrestrlcted Restrfcted
fund5
funds
2024
2024
Totsl
2025
2024
Fundralslng and publlclty
Staging fundraising
events
staff costs
11,674
130,204
11,674
130,204
12,597
124,5
12.881
124,590
141,878
141,878
137,187
137,471
38

THE GRACE EYRE FOUNDATION
NOTES TO THE FINANCIAL sfATEMENfs (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2025
Charltable actlvltles
Provlslon of Grace Eyre
services
Housing
2025
2025
Total
2025
Provision of Grace Eyre
services
Housing
2024
2024
Total
2024
Staff costs
Depreciation and
impairment
Agency staff
Care fees
Registrations
Food & provisions
Staff costs
Consultants
Motor & travel
Hygiene & repalrs
Sessions
Venue hire
Prlntln& postage
stationery & advert15ing
Rent
6,587,918
354,333 6.942,251
6,409,912
301,629 6,711,541
7,274
39.611
1,420,715
15,194
8,919
80,437
18.711
87,155
52,773
41,457
26,453
55,585
62,859
39,611
1,420,715
15,194
8,919
80,437
18,711
87,155
94,719
41,457
26,453
6,133
43,164
1,409,745
4,351
8,528
7,225
34,382
83,062
45,988
21,459
16,560
46,864
52,997
43,164
1.409.745
4.351
8,528
7,225
34,382
83,062
72,166
21,459
16,560
41,946
26,178
1,858
1,858
676
676
189.155 1.289,044 1,478,199
83,748
83,748
11.434
71.595
64,567
136,398 1,005,968 1,142,366
73,290
73,290
12,194
54,423
88.556
Light & heat
Rates
Other housingcosts
60.161
64,567
42,229
88,556
8,672,812 1,865,636 10,538,448
8,313,067 1,511,424 9,824,491
Share of support costs
{see note 91
Share of governance
cost$1see note 91
1,830,738
1,830,738
1,646,182
1,646,182
49,295
49,295
135,616
135,616
10,552,845 1,865.636 12,418,481
10,094,865 1,511,424 11,606,289
Analysls by fund
Unrestricted funds -
general
Restricted fund5
10,457.533 1,865.636 12.323,169
95,312
95,312
10,008,780
86,085
1,511,424 11,520,204
86,085
10,552,845 1,865,636 12,418,481
10,094,865 1,511,424 11,606,289
Provision of services includes Active Lives, Share5 Live5 and Choices
39

THE GRACE EYRE FOUNDATK)N
N(JfES TO THE FINANCIAL sfATEMENTS ICONTINUEDJ
FOR THE YEAR ENDED 31 MARCH2025
Support costs allocated to actlvltles
2025
2024
staff costs
Depreciation
Recruitment
Training
Staff costs
Subscrlptlons
Cleaning, hygiene & consumables
Cornmunications
IT costs
Bank charges & interest
Printin& postage, stationery & advertising
Governance costs
1,145,229
61,229
27,335
53,208
29.342
29,279
114,173
126,458
199,404
4,567
40,514
49,295
1,095,061
51.570
25,756
53,217
41.744
18,055
120,258
195,894
86.500
2,756
23,179
67,808
1,880,033
1,781,798
Analysed between:
Charitable artivities
1,880,033
1,781,798
10 Net movement in funds
2025
2024
The net movement In funds Is stated after chargin81{crediting):
Fees payable for the audit of the charity's financial statement5
Depreciation of owned tangible fixed asset5
15,240
124,088
14,700
104,567
11 Trustees
None of the trustees lor any persons connected with them) received any remuneration or benefits from the
charity during the year.
40

THE GRACE EYRE FOUNDATION
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2025
12 Employees
The average monthly number of employee5 durin8 the yearwas:
2025
Number
2024
Number
Charitable activities
Administration
305
304
li
Total
312
315
Employment costs
2025
2024
Wages and salarles
Social security costs
Other pension cost5
7,190,436
653,275
373.973
7,007,256
583,878
340,058
8,217,684
7,931,192
The number of employees whose annual remuneration was more than
£60,OCI) is as follows..
2025
2024
Number
Number
£60,001 to £70.000
£80,001 to £90,000
13 Taxatlon
The charity Is exempt from taxatlon on Its attivltles because all Its Income Is applled for charltable purposes.
41

THE GRACE EYRE FOUNDATION
NOTES TO THE FINANCIAL sfATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH2025
14 Tangible fixed assets
Freeholdneaseh
Property Flxtures and IT Motor¥ehkles
old t￿1￿11￿85 Impr0￿ments
pmitcts
Totsl
Cost
At l April 2024
Additions
Disposa15
Transfer
1,386,066 1,409,740
559,259
{130,502)
32.348
584.018
53,478
28,199 3,408.023
612,737
1130,502)
132.348)
At 31 March 2025
1,353,718 1,870,845
637,496
28,199 3,890,258
Depredatlon and Impalmient
At l April 2024
Depreciation charged in the year
Eliminated in respect of disposals
Transfer
784,847
365,456
20,934
48,980
13281 1130.4531
(30,9801
30,980
497,071
47,124
2,937 1,650,311
7,050
124,088
(130,781)
At 31 March 2025
774.473
314.963
544.195
9.987
1.643.618
Carrying amount
At 31 March 2025
579,245 1,555,882
93,301
18,212 2,246,640
At 31 March 2024
601.219 1,044.284
86,948
25,262
1,757,713
The freehold property at Montefiore was revalued at £500,000 in April 1997 and this value is treated as the
deemed cost,
No depreciation is charged on the estimated value of land of £IOO,000 which is included in the freehold
property.
15 Debtors
2025
2024
Amourrts falling due wlthln one year:
Trade debtors
Other debtors
Prepayments and accrued income
1,473,246
206,222
341,492
962,998
126,291
284,105
2,020,960
1,373,394
42

THE GRACE EYRE FOUNDATION
NOTES TO THE FINANCIAL STATÉMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2025
16 Credltors: amounts falllng due wlthin one year
2025
2024
Notes
Other taxation and social security
Deferred income
Trade creditors
Other creditors
Accruals
205,317
665,171
211,170
83.265
7,012
198,599
418,569
134,148
47.878
9.231
17
1.171.935
808.425
17 Deferred Income
2025
2024
Other deferred income
665,171
418.569
Deferred income is included in the financial statements as follow5:
2025
2024
Deferred income is included within:
Current Ilabllltles
665,171
418,569
Movernents in the year:
Deferred income at l April 2024
Released from previou5 period5
Resources deferred in the year
418,569
1418,569)
665,171
455,955
{455,955}
418,569
Deferred Income at 31 March 2025
665,171
418,569
Deferred income amounts inc5ude carers fees, Active Live5 activitie5 and rental amounts that relate to the
following year as well as grants awarded for a specific tlme period.
43

THE GRACE EYRE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONnNUED)
FOR THE YEAR ENDED 31 MARCH2025
18 Retlrement beneflt schemes
Defined contrib￿lon schemes
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the charity in an independently administered fund.
The charge to profit or loss in respert of defined contribution schemes was £373,97312024- £340,058).
Defined benefft schemes
The Charity is one of several employing bodies included wÉthin the Local Government Pension Scheme
(LGPS) which is administered by East Sussex County Council.
The LGPS is a funded defined benefit scheme. with a55ets held in separate trustee administered funds.
Contributions to the scheme are determined by qualified actuaries on the basis of triennial valuations using
the projected unit method. The scheme is a multi*mployer pension scheme.
The followin8 information is based upon full actuarial valuations of the funds at 31 March 2025 by qualified
independent actuaries for the entire East Sussex Council Penslon Fund.
Key 0ssumption5
2025
2024
Discount rate
Expected rate of increase of pensions In payment
Expected rate of salary in¢￿aSe$
5.85
2.85
2.85
4.95
Mortality ossumptlons
The post ￿tirernent mortality assumptions used to value the benefit obligation are based on the CMI 2022
model assuming long term improvements of 2% p.a. The assumed life expectsncies, based on the
assijmptions set out above, are set out in the table below:
202S
2024
Years
Years
Retiring today
Males
Females
20.9
23.9
20.9
23.8
Retiring in 20 years
Male5
- Females
21.9
25.4
21.9
25.4
44

THE GRACE EYRE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
18 Retlrement benefit schemes
(Cortinued)
2025
2024
Present value of defined benefit obllgatlons
Fair value of plan assets
3,095,000
3.063,th)0
(3,095,000} 13,063,000}
Defiat in scheme
2025
Liabilitles at l April 2024
Surplus In scheme
3,063,OCM)
32,000
The penslon fund was transFerred on l July 2017 from East Sussex County Council. The Council will cover
any deficlt in the pension fund up to that date. Any subsequent deficits will be covered by the charity.
2025
Fair value of assets at 31 March 2025
3,095,IXIo
2025
2024
Equity instruments
Property
Bonds
Cash
2,015,000
457,OQ)
544,000
79,000
2,103,000
461,OLK)
456,0ts)
43,￿0
3,095,000
3,063,000
45

e4
co o
vo*
0￿0(0
r4 m
%x
o o r
efi

rv
£C W
< tTJ

THE GRACE EYRE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEO)
FOR THE YEAR ENDED 31 MARCH2025
20 Analysls of net assets between funds
Unrestrirted
funds
2025
Restrirted
funds
2025
Totsl
2025
At 31 March 2025:
Tangible assets
Current assets/{liabilities}
2,246,640
854,584
2,246,640
1,109,596
255,012
3.101.224
255.012
3,356,236
Unrestrlcted
funds
Z024
Restrlcted
funds
ZOZ4
Total
2024
At 31 March 2024:
Tangible assets
Current assetsl{liabilities)
1.757,713
1.419,365
1,757,713
1,485,236
65,871
3,177,078
65,871
3,242,949
21 Operatlng lease commltments
Lessee
At the reporting end date the charity had outstanding commitments for future minimum lease payments
under non-cancellable operatin8 leases, which fall due as follows-
2025
2024
Withln one year
Between two and five years
In over five years
292,525
894,OC()
660,833
102,878
3,163
1,847,358
106,041
22 Related party transactlons
48

THE GRACE EYRE FOUNDATION
N(yfES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2025
22 Related party transartlons
(Continued)
Transactlons wlth related partles
Durln8 the year the charlty entered Into the following transactions with related parties:
One Trustee received services from the charity during the year. These servlces were received on the same
terms as received by other beneficiaries of the charity.
23 Analysis of ¢han8es in net funds
The charity had no material debt duringthe year.
24 Cash generated from operations
2025
2024
Surplus1ldeficitl for the year
113,287
1374,9311
Adjustments for:
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
19,2221
124,088
(12,8961
104,567
Movements in working capital:
{Increase) in debtors
Increaselldecrea5el in creditors
Increa5e/(decreasel in deferred income
1647.565)
116,908
246.602
135.3211
140,230)
137.386)
Cash absorbed by operatlons
155,902)
1396,197)
49