REGISTERED COMPANY NUMBER: 02g12012 (England and Wales}
REGISTERED CHARITY NUMBER: 1024945
Report of the Trustees and
Ftnantial Statements for the Year Ended 31 March 2025
for
ARCH INITIATIVES

ARCH INITIATIVES
Contents of the Finanelal Statements
for the Year Ended 31 March 2025
Page
Report of the Trustees
Report of the Independent Audltors
ststement of Financial Artivities
Balance Sheet
Notes to the Financial Ststements
10 to 19

ARCH INITIATIVES
Report of the Trustees
for the Year Ended 31 March 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006) present thelr report with
the financial statements of the charity for the year ended 31 March 2025, The trustees have adopted the provisions of
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charitie5 preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
(effective l January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
ARCH Initiatives was established to pro)Ade services for people whose lives have been affected by substance misuse.
ARCH'S objective of service provision, is to support individuals. communities, stskeholders and families to tsckle
sub5tantÈ misuse and to develop a range of innovative high quality Services that transform futures and move
individuals away from poor health and well-belng, offending behaviour and unemployment. Our client range includes
those who are dependant on illicit, legal and prescribed substances and those devÉloping long term conditions or
specific illness as a result of dependence.
The charity exists to provide public benefit by relieving poverty. sickness and distress amongst persons affected by
addiction to alcohol or dru8s of any kind. This includes those who are personally addicted and those families carers, and
communitles whose lives are Impacted by substsnce misuse.
STRATEGIC REPORT
Achlevements and performance
Charitable activities
In the year ended 31 March 2025 ARCH Initiatives had no serwce tontracts although its properties were leased by
charitable or statutory authorities who are directly involved in servi￿$ consistent with the charity's objectives.
In Bolton the NHS are currently the property tenant whi15t in the Wirral, Change Grow Live are the property tenant.
Finaneial review
Financial position
Income for the year 31 March 2025 is £64,50412024: £75,07413nd this mainly comprises property rental income.
Total expenditure decreased to £30.99812024: £42.3791.This resulted in an overall surplus of £33,506 compared to the
prior years surplus of £25,769.
Princlpal fundlng sources
Principal funding sources during the period were from property rentals.
Reserves policy
It is the opinion of the dlre¢tors that the charity should hold financial resetves-
because it requires protection against financial risks. as identified by the annual financial risk remew:
to provide for expansion of the charity's business;
to provide funds for Investment in fixed assets. and
to provide funds for unfunded 'board approved, special projects which enhance seNices and meet eharitable
objectives.
Page I

ARCH INITIATIVES
Report of the Trustees
for the Year Ended 31 March 2025
STRATEGIC REPORT
Financial ieview
The definltion of financlal reserves for thi5 purpose is the amount of unrestrlcted reserves not invested in fixed or other
long term assets (net Current assets excluding long term debtors).
The charity tonducts an annual financial risk review. Thls review h35 identlfled that the charity requires reserves to
protert itself against the followlng principal risks:
Delayed payment of property renta15 cau51ng unanticipated operational cash flow requirements.
Loss of property rental contracts.
Propertie5 requlring urgent repairs or refurbishment
As at 31 March 2025 the charity had total funds of £383,051 of which comprises..
An endowment fund of £69,750 representing 35sets that must be held permanently by the charitable company;
An unrestricted funds surplus of £313,301.
Principal risks and uncertainties
The trustees have assessed the major risk5 to which the charltable comp2ny15 exposed, and are satisfied that systems
are in place to mitigate exposure to the major risks.
Risk exists when there is uncertainty surrounding events and their outcomes that may have a slgnific3nt Impart on
ARCH'S ability to.,
achleve Its aims
sat15fy the expectations of its stakeholders- operate efficiently
Future plans
Discussions are taking place regarding the potential disposèl of the Arch section of the Mercer D8 Master Trust
Iformerly known a5 the Federation planl. This wlll be progressed if the exit from the stheme Is commerclally attractlve
to the charity.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng document
ARCH Initiatives is a company limited by guarantee governed by its Memorandum and Articles of Assoclatlon dated
23rd Aprll 1993 and constltuted in accordance with this document.
The Charity is directed by a Management Committee made up of 3 members. Member5 are recruited from a range of
backgrounds, including health and social care and commerce.
The Management Committee's decisions are focused on the approval and monitoring of any strategic business plans
and the setting of the annual budget,. the monitoring of progress in the achlevement of plans and performance against
the agreed bud8et are the typical activities undertaken by the Man8gement Committee.
The Mana8ement Committee have delegated to the Chief Executive the responsibility for the management of the
orEalli5ation.
On 25 July 2016 l<aleidoscope Project became the sole member of ARCH Initiatives. Kaleidoscope Project is a registered
charity (number 11150171 and is also a company limited by guarantee (number 054804231 which was incorporated on
14 June 2005. Kaleldoscope Project's governing document15 its memorandum and arti¢les of association as amended by
special resolution dated S April 2006. On the same date, the Trustees of ARCH reslgned to be replaced by four of
Kaleldoscope's Trustees. Consequentiy ARCH betame part of the Kaleidoscope group on 25 July 2016.
Page 2

ARCH INITIATIVES
Report of the Trustees
for the Year Ended 31 March 2025
The charity has an independent Board of Trustees drawn from a variety of backgrounds thus ensuring a diverse Board
with a strong mix of skills and experience to take the charity forward. When appropriate, vacancies on the Board are
advertised through media oudets and interviews conducted, to ensure new appointments will add to the skills and
experien￿ of the existing Board.
Ail new trustees are provided with historical and current infomiation to enable them to appreciate the work and ethos
of the thèrity. The Board is currently developing an indurtion and training programme for trustees as part of its
governance strategy.
The Board of Trustees aims to meet at least quarterly. The day-to day management of the Charity is delegated to the
Group Chief Executlve, who attends the Board of Trustee meeting5.
Key manègement remuneration
Arch Initiatives currently have no paid employees.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02812012 {EngEand and Wale5}
Registered Charlty number
1024945
Reglstered offlce
l Resolven House
Fortran Road
St Mellons
Cardiff
CF3 OEY
Trustees
Dr D L Antebi
Mrj M QKni8ht
Mrs F Rutter (resigned 12.9.241
Dr A Procter (appointed 16.5.241
Senlor 5tat￿oryAUditor
stephen John Bickerton
Auditors
Advantage Accountancy & Advisory Ltd
Chartered Certified Accountants
and Statutory Auditors
Avalon House
5-7 Cathedral Road
Cardiff
CFII 9HA
Chief Executive OffI￿r
Rondine Molinaro
Page 3

ARCH INITIATIVES
Report of the Trustees
for the Year Ended 31 March 2025
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees Iwho are also the directors of Arch InStiatlves for the purposes of company lawl are responsible for
preparlng the Report of the Trustees and the financial statement5 in accordance with applicable law and United
Kingdom AccountlnE Stsndards (United Klngdom Generally Accepted Accounting Practicel.
Company law reqtjires the trustees to prepare financlal statements for each financial year. Under that law, the trustees
have elected to prepare the finaneial statements in accordance with Unlted Kingdom Generally AC￿pted Account5ng
Practice Iunited Kingdom Accounting Standards and applicable lawl.
Under company law the trustees must not approve the financial statements unless they are Satisfied that they 8ive a
true and fair view of the state of affairs of the ¢harltable company and of the Incoming resources and application of
resources, including the income and expenditure, of the charitable company for that period. In preparing those
financial statements, the trustees are required to
select suitable accountlng policies and then apply them conslstently,,
observe the methods and principles in the Charities 50RP,'
make judgements and estimates that are reasonable and prudent.
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable
company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any tSme
the flnanclal p051tion of the charltable company and to enable them to ensure that the financSal statements comply
with the Companies Act 2006. They are also responsible for safeBuarding the assets of the charitable company and
hence for t3kinE reasonable steps for the prevention and detection of fraud and other irregularities.
In so far a5 the trustees are aware..
there Is no relevant audit informatlon of whlch the charitsble company's auditors are unaware; and
the trustees have taken all steps that they ought to h3ve taken to make themselves aware of any relevant audit
informatlon and to establish that the audltors are aware of that information.
AUDITORS
The auditors, Advantage Accountancy & Advisory Ltd, will be proposed for re-appointment at the forthcoming Annual
General Meetin8.
Report f
directo
trustees inco
porating a strateglc report. approved by order of the board o* trustees, as the company
. and signed on the board's behalf by..
roc
er- Trustee
Page 4

Report of the Independent Auditors to the Members of
Arch Initiatives
Opinion
We have audited the finantial statements of Arch Initiatives (the 'charitable company'l for the year ended
31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the fln3nci31
statements, in¢luding a summary of significant accounting policies. The financial reporting fr3mework that has been
applied in their preparatlon is applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
In our opinion the ftnancial statements:
give a true and fair view of the stste of the charitable company's affair5 as at 31 March 2025 and of its incoming
resources and application of resources, including its income and expenditure, for the year then ended-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Prartice; 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 Stsndards on Auditing IUKI ItSAs IUKII and applicable law.
Our responsibilities under those standards are further described in the Audltors, responsibilitie5 for the audit of the
finanual statements Section of our report. We are Independent of the charitable company in accordance 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 responsibillties in accordance with these requirement& We believe
that the audit evidence we have obtsined is sufficient and appropriate to provide a basis for our opinion.
Con¢lusions re13ting to going concern
In auditing the financial ststements, we have concluded that the tnjstees, use of the going concern basis of accounting
in the preparation of the financial ststÈments is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast slgnificant doubt on the charitable company's ability to continue as
a going concern for a period of at least twelve months from when the finanaal ststements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going Concem are described in the relevant
sections of thi5 report.
other infomiation
The trustee5 are responsible for the other Information. The other infom)ation comprises the information induded in
the Annual Report. other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information amo* except to the extent otherwise
explicitly stated in our report, we do not express any form of assurance tonclusion thereon.
In connection with our audit of the financial statements, our responsibility is tts read the other information ind, in
doing so, consider whether the other information is materially inconsistent with the financial statements or our
knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material
inconsistenues or apparent material misstatements, we are required to determine whether this gTves rise to a matÈrial
mlsststement in the financial statements themselves. If, based on the work we have performed, we conclude that there
Is a material misstatement of this other information, we are required to report that fact. We have nothing to report in
this regard.
Opinions on other matters prescribed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the Information given in the Report of the Trustees for the financial year for which the financial strdtements are
prepared is con515tent with the Pinanaal statements- and
the Report of the Trustees ha5 been prepared in accordance with applicable legal requirements.
Page 5

Report of the Independent Audltor5 to the Members of
Arch Initiatives
Matters on whlch we are required to report by exceptlon
In the light of the knowledge and understanding of the charitable company and it5 envlronment obtained in the course
of the audit, we have not identified material misstatements in the Report of the Trustee5.
We have nothing to report In respect of the following matters where 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 recelved from
branches not visited by us; or
the financlal statements are not in agreement with the accounting records and return5. or
certain disclosures of trustees, remuneration specified by law are not made,. or
we have not recelved all the Information and explanations we require for our audit; or
the trustees were not entitled to take advantage of the small companies exemption from the requirement to
prepare a Strategic Report or in preparing the Report of the Trustees.
Responsibilities of trustees
As explèlned more fully in the Statement of Tru5tees' Respcsn5ibllltles, the trustees Iwho are also the directors of the
charitable company for the purposes of company lawl are responsible for the preparation of the flnancial statements
and for being 5at15fied that they give a true and falr vlew, and for such Internal control as the trustees determine 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 charitable company'5 ability to
continue as a 8oin8 concern, disclosing, as applltable, matters related to golng concern and using the going concern
basis of accounting unless the trustees elther intend to liquidate the charitable company or to cease operations, or
have no realistic alternative but to do so.
Our re5ponsibillties for the audit of the finantial statements
Our objectives are to obtsin reasonable assurance about whether the financial statements as a whole are free from
material mlsstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes
our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from
fraud or error and are considered material If, individually or in the aggregate, they could reasonably be expected to
influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our proced¥Jres are capable of detectin8 Irregularltles, Including fraud Is detalled below..
•The engagement partner ensured that the engagement team collectlvely had the appropriate competence, capabilities
and skills to Identtfy or recognisè non-compliance with applicable laws and regulations,.
•We obtained understanding of the legal and regulatory frameworks applicable to the company and the 5ertor in which
they operate. We determined that the following laws and regulations were most signlflcant.. The Companies Act 2006
UK corporate taxation laws, employment legislation and health and safety legislation.
•We obtained an understanding of how the company are complylng with those legal and regulatory frameworks by
making inquiries to management, We corroborated our inquiries through our review of legal correspondence.
•We assessed the 5usceptlbllity of the company's financial statements to material misstatements, including how fraud
might occur. Audit procedures performed by the engagement team included:
Page 6

Reportof the Independent Auditorsto the Members of
Arch Initiattves
making enquiries of management as to where they considered there was Susceptibility to fraud, their
knowledge of actual, suspected and alleged fraud-
identifying and assessing the design effectiveness of controls management has in place to prevent and
detettfraud;
understanding how those charged with governance considered and addressed the potential for override of
ontrols or other inappropriate influence over the financial reporting procÈ55;
performing analytical procedures to identify any unusual or unexpected relationships;
• challenging assumptions and judgement5 made by management in its significant accounting estim2tes'
identifying and testingjourn31 entries, in particular any journal entries posted with unusual account
combinations,. and
• assessing the extent of compliance with relevant laws and regulations.
There are inherent limitations in our audit procedure5 described above. The more removed that laws and regulations
are from financial transactions, the less Ilkely it is that we would betome aware of non-compliance. Auditing standards
also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the
directors and other management and the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to frBud can be harder to detect than those that arise from error as they may
involve deliberate concealment or collusion.
A further description of our responsibllities for the audit of the financial statements is located on the Financial
Reporting Council's website at ww.frc.org.uklauditorsresponsibilities. This description forms part of our Report of the
Independent Auditors.
Use of our report
Thi5 report is made solely to the charitable company's member5, as a body. in accordance 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 auditors, report and for no other purpose. To the fullest
extent permitted bylaw, we do not accept or asssjme responsibility to anyone other than the charitable company and
the charitsble company's members as a bodyi for our aLtdit work. for this report, or for the opinions we have formed.
Stephen John Biekerton (Senior Ststutory Auditor)
for and on behalf of Advantage Accountancy & Advisory Ltd
Chartered Certified Accountants
and Ststutory Auditors
Avalon House
5-7 Cathedral Road
Cardiff
CFII 9HA
Page 7

ARCH INITIATIVES
Statement of Financial Actlvitles
for the Year Ended 31 March 2025
2025
Total
funds
2024
Total
funds
Unrestricted
fund
Endowment
fund
Notes
INCOME AND ENDOWMENTS FROM
Investment Income
64,504
64,504
75,074
EXPENDITURE ON
Chaiitable activities
Charitable actlvities
30,998
30,998
42,379
Net gain5lllossesl on investments
16,9261
NETINCOME
Transfers between funds
33,506
7,750
33.506
25,769
13
17,7501
Netrnovement in funds
41.256
17.7501
33,506
25.769
RECONCILIATION OF FUNDS
Total funds brought forward
272,045
77,500
349,545
323,776
TOTAL FUNDS CARRIED FORWARD
313,301
69,750
383,051
349,545
The notes form part of these financial statements
Page 8

ARCH INITIATIVES
Balance Sheet
31 March 2025
2025
Total
funds
2024
Total
funds
Unrestricted
fund
Endowment
fund
Note5
FIXED ASSErs
Investment property
465,250
69.750
535,000
535,000
CURRENT ASSETS
Cash at bank
272.542
272,542
256.648
CREDITORS
Amounts falling due within one year
io
{18,4151
{18,4151
129,6151
NET CURRENT ASSETS
254,127
254,127
227,033
TOTALASSET5 LESS CURRENT LIABIUTIES
719,377
69.750
789,127
762,033
CREDITORS
Amounts falling due after more than one year
li
1364,0761
(364,0761
1350,8221
PROVISIONS FOR LIABILrriES
12
142,0001
142,0001
161,6661
NFf ASSETS
313,301
69,750
383,051
349,545
FUNDS
Unrestricted fund5
Endowment funds
313,301
69,750
272,045
77,500
TOTAL FUNDS
383,051
349,545
These financial statements have been prepared in accordance with the provisions applicable to charitable companies
subje¢t to the small companles regime.
The fi
ancial
ents were approved by the Board of Trustees and authorised for issue
- and were signed on its behalf by.,
on
Dr A Procter- Trus
The notes form part of these financial statements
Page 9

ARCH INITIATIVES
Notes to the Financial Statements
for the Year Ended 31 March 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitsble company, which is a public benefit entlty under FRS 102, have been
prepared In accordance with the Charities SORP IFRS 1021 'Accounting 2nd Reporting by Charities: Statement of
Recommended Practice applicable to charlties preparing thelr èccounts In accordance with the Financial
Reporting Standard appllcable in the UK ènd Republic of Ireland IFRS 1021 lelfective l January 20191,, Financial
Reportlng Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Companies Act 2006. The financial statements have been prepared under the historical cost convention, as
modified by the revaluatSon of certain assets.
Flnanclal reporting standard 102- reduced di5¢1osure exemption5
The charitable company has taken advantage of the followin8 disclosure exemptions in prepartnE these financlal
statements. as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland,:
the requirements of Section 7 Ststement of Cash Flows,.
the requirement of paragraph 3.17ldl,'
the requirements of par8graphs 11.42, 11.44, 11.45, 11.47, 11.481alliiil, 11.48lallivl, 11.48lbl and 11.48lcl,'
the requirement of paragraph 33.7.
Golng Concern
The d)arity has made a profit this year of £33,50612024'. £25,7691. The trustee5 believe that the combination of
current assets and future resources will be sufficient to cover its liabilities., therefore the accounts should be
prepared on 3 going concern basis,
Income
All income Is recognised in the Statement of Financlal Activities once the charity has entitlement to the funds, it
is probable that the Income will be recelved and the amount can be measured reliablv.
Rental income is recognised in the perlod to which it relates.
Income from other charitable activities includes amounts received under contract, and is recogni5ed where
there is entltlement, certainty of receipt and the amount can be measured with sufflcient rellability.
Expenditure
Liabilltles are recognised as expenditure as soon as there is a legal or constructive obllgation committing the
charity to that expenditure, it is probable that a transfer of economic benefvts will be required In settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basls and
has been classified under headings that aggregate all cost related to the category. Where costs cannot be
directly attributed to particular headings they have been allocated to aettvitles on a basi5 conslstent with the
use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
Fixtures and fittings
20% on reducing balance
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arisinE from changes in
falr value is recognised in the Statement of Financial Activities.
Page 10
continued...

ARCH INITIATIVES
Notes to the Financial Statements- continued
for the Year Endèd 31 March 2025
ACCOUNTING POLICIES- Continued
Taxation
Arch Initiatives is considered to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore
it meets the definition of a charitsble company for UK corporation tax purposes. Accordingly, the charity 15
potentlally exempt from tsxation in respect of income or Capital gains received within categories covered by
Chapter 3 Part 11 Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the
extent that such income or gains are applied exclusNely to charitable purposes,
Fund accounting
Unrestritted funds can be used in accordance with the charitable objettives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes wtthin the objects of the th8rity.
Restrlctlons arise when specified by the donor or when funds are raised for particular restricted purposes.
Restricted Funds
The restricted fund relates to the Public Health England 8rant. This grant was awarded to pay for building
refurbishment and other fixed assets purchased. Expenditure has been capitalised and the grant has been
amortised over the life of the respertive assets.
Endowment Funds
The Wirral pcr endowment fund is a grant expressly for the purpose of purchasing and refurbishing the
property known as 88-90 Argyle Street, In attordance with the grant agreement, these grants will be credited to
the endowment fund and likewise restritted to the purpose of the development, of the property.
Further explanation of the nature and purpose of each fund is included in the note5 to the financial statements.
Penslon costs and other post-retirement benefits
The charity operates a defined benefits pension scheme. The scheme is a multi employer scheme and the details
are shown in note 14.
Leaslng commitments
Rentals paid under operating leases are charged to the Statement of Yinancial Activities on a straight line bas15
over the period of the lease.
INVESTMENT INCOME
2025
2024
Rents received
Deposit account interest
61,666
2,838
59,385
15,689
64,504
75,074
Page 11
continued...

ARCH INITIATIVES
Notes to the Flnanclal Statements- continued
for the Year Ended 31 March 2025
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 41
Direct
Costs
Totals
Charitable activities
13
30,985
30,998
SUPPORT COSTS
Governance
costs
Management
Finance
Totals
Charitable activities
12,438
11,747
6,800
30,985
Support Costs, included in the above, are as follow5.,
2025
Charitable
activities
2024
Total
activltles
Audit & accountaney fees
Legal & professional fees
Management charges
Penslon deficit
Bank charges
AudStors' remuneration
2,000
438
10.000
11,747
1,262
8,258
10,000
21,360
6,800
4,000
30,985
44,888
NET INCOME/IEXPENDITUREI
Net incomellexpendlturel is stated after chargin811creditingl:
2025
2024
Audltors, remuneratlon
6,800
4,OCKJ
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, rernuneratlon or other benefit5 for the year ended 31 March 2025 nor For the year
ended 31 March 2024.
Trustees. èxpenses
There were no tnjstees, expense5 paid for the ye3r ended 31 March 2025 nor for the year ended
31 March 2024.
Page 12
continued...

ARCH INITIATIVES
Notes to the Financial St3temÈnts- continued
forthe Yèar Ended 31 March 2025
srAFF COSTS
There are no stsff employed as the charity is administrated by Kaleidoscope Project.
TANGIBLE FIXED A55ETS
Fixtures
and
fittings
COST
At l April 2024 and 31 March 2025
284,764
DEPRECIATION
At l April 2024 and 31 March 2025
284,764
NET BOOKVALUE
At 31 March 2025
At 31 March 2024
INVESTMENT PROPERTY
FAIR VALUE
At IApril 2024
and 31 March 2025
535.000
NET BOOK VALUE
At 31 March 2025
535,000
At 31 March 2024
535,000
An independent valuation of the investment property was undertaken post year end on 19 September 2024.
The trustees conslder this to be an accurate reftection of fair value 8t 31 March 2025,
Page 13
continued...

ARCH INITIATIVES
Notes to the Flnancial Statements- contlnued
for the Year Ended 31 Marth 2025
io.
CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade creditors
Accruals and deferred income
10,000
19,615
18,415
18,415
29,615
ii.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025
2024
Amount5 owed to group undertakings
364,076
350.822
12.
PROV1510NS FOR LIABILITIES
A provision of £42,LK)O 15 belng carried for the amount due on the Charity's defined benefit pension scheme. The
detsils of the scheme are disclosed In note 14.
At the end of 5 April 2023 the actuarial valuation indicated that the scheme wa5 In an asset position of
£201,000. This amount has not been recognised in the accounts as it is the Charity's intention to withdraw from
the scheme should a reasonable buy out position be negotiated. Current discussions have highlighted that the
amount would be in the region of £42,000 to £102,000. Due to this it is felt that the provision held is a more
accurate reflectlon of the Charity's position than the £201,000 asseL
13.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
31.3.25
At 1.4.24
Unrestrlcted fund5
General fund
272,045
33,506
7,750
313,301
Endowment funds
Wirral pcr
77,5t]O
17,7501
69,750
TOTAL FUNDS
349,545
33,506
383.051
Net movement in funds, included in the above are as follows:
Incoming
resources
Resource5
expended
Movement
in funds
Unrestricted funds
General fund
64,504
130,9981
33,506
TOTAL FUNDS
64,504
130,9981
33,506
Page 14
continued...

ARCH INITIATIVES
Notes to the Financial Statements- continued
for the Year Ended 31 March 2025
13.
MOVEME￿ IN FUNDS- continued
Comparatives for movement in funds
Net
movement
in funds
Transfers
between
funds
At
3L3.24
At 1.4.23
Unrestrirted funds
General fund
200,026
25,769
46,250
272,045
Endowment funds
Wirral pcr
123,750
146,2501
77,500
TOTAL FUNDS
323,776
25,769
349.545
Comparatlve net movement in funds, included in the above are as follows".
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrlcted funds
General fund
75,074
142.3791
16,9261
25,769
TOTAL FUNI)S
75,074
142,3791
16,9261
25,769
Unrestricted funds
The unrestricted funds comprise those funds which the trustees are free to use in accordance with the
haritable obJective5.
Endowment funds
The Wirral pcr endowment fund is a grant expressly for the purpose of purchasing 3nd refurbishing the
property known as 88-90 Argyle Street. In accordance with the grant agreement these grants will be credited to
the endowment fund and likewise restricted to the purpose of the development of the property.
EMPLOYEE BENEFIT OBUGATIONS
14.
Arth Initiatives participates in the Mercer DB Master Trust Ithe schemel fornierly known as The Federation Plan.
The scheme is a multi-employer defined benefit scheme. We are now reportin8 the results of the 2023 actuarial
valuation.
Scheme Membership
Membership of the scherne is made up of 6 deferred pensioners and 2 retired pensioners, there are no active
pensioners. The data attributable by type of member is as follow5:
Member
Deferred members
Description
Total deferred pensions revalued to valuation date-
1£ p.a,)
Average age weighted
5 April 2023
5,845
5 April 2020
6,808
Deferred members
47
Page 15
continued...

ARCH INITIATIVES
Notes to the Flnancial Statements- contlnued
for the Year Ended 31 March 2025
14.
EMPLOYEE BENEFIT 08LIGATIONS- eontinued
Pensioners
Pensioners
Total pensions payable l£p.a.I
Average age weighted by pension
2,484
71
2,103
68
The breakdown of the liability is set out below..
2023
Valuatlon
£'OOOs
419
1421
11761
201
192%
2020
Valuation
£'0005
234
1541
13321
1152)
61%
Descrlption
Assets
Liabilities- Pensioners
abilities- Deferred members
Overall p051tlon
Funding Level
Assets Summary
Revised
Investment
strategy after 5
Aprll 2023 %
30
5 Aprll 2023Allocatlon
£'ooo
414
5 April 2023
Allocation 0/0
99
Pooled Investments Vehlc5es
Bank
Tailored Credlt
UK Inflatlon Unked Glfts
SterlinE Inflatlon Linked LDI
Total
20
40
io
loo
419
loo
Analysls of Experlence Since Last Valuation
£'ooo
1152)
121
58
183
128
1401
28
121
201
Shortfall on 5 Aprll 2023
Interest
Contributions less expenses
Changes In market conditions (liability impact)
Excess investment returns
Inflation experlence
Impact of changes to statement of fundlng principles
Miscellaneous
Surplus on 2023 assumptlons
Expected 2023 shortfall
Estimated shortf311 at 2023 on 2020 a$5umptions
1961
175
Changes Slnce the Valuatlon Date
The return on the pension assets In the period l April 2023 to 31 August 2023 was estimated at- 4%. This does
not take Into account any contributions received or benefits paid out since the valuation date. Had the
conditions at 31 August 2023 applied Bt the valuation date, it is estimated that the technical provision would
have been 151. lower than the value in this report. Taken together the change in finantial conditions would
have led to an improvement in the overall funding position.
Page 16
continued...

ARCH INITIATIVES
Notes to the Financial Statements- continued
forthe Year Ended 31 March 2025
14.
EMPLOYEE BENEFIT OBLIGATIONS- continued
FSnancial Assumptions- Main Financlal assumptions for Technical provisions
2023 Valuation
2020 Valuation
Gilt curve +1.4Yo p.a.
Gilt curve +1.5% p.
Gilt curve +0.5°A p.a.
Gilt cuNe 40.5% p.
Inflation cutve
Inflation curve
RPI-0.75% until 2030 RPI from that RPI-0.75% p.a.until 2030 RPI from that
year
In line with RPI assumptions
year
In line with CPI assumptions
In line RPI assumptions
In line with CPI assumptions
Gilt curve +0.50A p.a.
Gilt cunje +2.0% p.a.
3.65%p.a.
0.69%p.a.
3.35% p.a.
2.71% p.3.
Pre retlrement discount rate
Post retirement discount rate
RPI Inflation
CPI Inflation
RPI pension increase5
CPI pension increases
Reeovery plan return
Average Gilt Yield curve
Average inflatlon curve
Demographic a55umptions- for Technical provrsions
2023 Valuation
115% of S3PxA
CMI 202211.5%, S Corel
2020 Valuation
1150A of S3PxA
CMI 201911.5%,5-7.51
Mortality- base table
Mortality~ future
improvements
CPI inflation
RPI ￿.75% until 2030 RPI from that RPI 4).750A until 2030 RPI from that year
year
90% married for both males and
90% married for both males and
females
females
AEI members assumed to retire at
AJI members assumed to retire at
normal retirement age. Members
normal retirement age. Members who
who are past their normal
are past their normal retirement are
retirement are assumed to retire at assumed to retire at the valuation date.
the valuation date.
No cash commutation where
benefit fomiula includes cash.
Where the benefit formula does
not include cash, members are
assumed to take 50% of their
maximum cash entitlement, based
on the current cash commutation
factor. S￿A of 3180ths using
current commutation factors for
members withoutcash on top.
No allowance (funded by separatol
contributions by the employer.
Proportions married
Age of retirement
Commutation
50% of 3180ths using current
commutation factors for members
without cash on top
Expense5
No allowance Ifunded by separatel
contributions by the employer.
Other Assumptions
Assumed rate
during inter
valuation
period p.a.
15.73%
Assumed rate
at last
valuation p.
0.63%
Investment returns- assumed for the purpose of the 2020 recovery plan
Revaluation up to retirement
Page 17
continued...

ARCH INITIATIVES
Notes to the Financial Statement5- continued
for the Year Ended 31 March 2025
14.
EMPLOYEE BENEFIT OBLIGATIONS- continued
in line with RPI
in line wlth CPI
Pension Increases in payment
In line with RPI
in line with CPI
2,570A
1.82%
6.09%
4.49%
2,57%
1.82%
6.09%
4.49%
Global Pandemics and Climate Change
For the 2023 valu3tion the potential impacts of global pandemics and climate change have been considered.
These Included the following cllmate change shock scenarios..
Potentlal Impact12023 and)
2020 valuation
-0.5%p,a.
+0.5%p.a.
-0.25 years
-15%
-7.5%
0,2%p.a.
UK long dated interest date
Inflatlon
UK life expect8ncy-0.25 years
Equity market re-pricing
Diversified growth fund re-prieing-7.5%
Investment grade credit spread widenlng
Impact on hi8h yield debt
Technlc?I Provislons Sensitivity
% Change in
Liabilltv
+2.3%
+3.2%
+5.5%
+2.8%
+le5S than
0.1%
Pre retirement discount rate reduced by 0.25%p.a. at each term +2.3%
Post retirement dlscount rate reduced by 0.25% p.a. at each term
Inflation assumption increased by 0.25% p.a. at each term +5.5%
Members oneyearyounger
Cash commutation assumption increased by 10%
Summary of Benefits
Main beneflts of the two underlying schemes:
NHSPS Scheme
60th Birthdav
1180th of final pay for each
complete year of service
Up to 3 tlmes the members
penslon
LGPSScheme
65th Birthday
1160th of final pay for each
omplete year of service
Part of pension can be
exchanged for a cash free
sum
In line with cpi
From age 55 to 60
Normal retirement date
Normal retirement pension
Norm31 retlrement cash
Increase to pension
Eèrly retirement pension
In line with rpi
Available after the age of 55 or
on ill health
Death after retirement:
* lump sum
On death within 5 year5 of On death within 10 years of
Commencement of pension
commencement of penslon
One half of members pension
37.5Yo of members pension
dependant's penslon
Page 18
continued...

ARCH INITIATIVES
Notes to the Financial Statements- continued
for the Year Ended 31 March 2025
ULTIMATE PARENT COMPANY
The charity's parent company 3t the balance Sheet date was Kaleid05cope Projett (company number 05480423,
charity number 11150171, a charitable company Incorporated in the UK.The p3rent's principal activities include
the provision of holistic care and support services to those suffering due to poverty. age, infirmity, substsnce
buse or physical and mental hardship or dlstress.
Copies of group accounts are available from either Companies House or from the registered office at Resolven
House, St Mellons Business Park. Fortran Road, St Mellons, Cardiff CF3 OEY.
The ultimate controlling party are the tnjSte￿ of the parent company Kaleidoscope Project.
CONTINGENT LIABILITIES
16.
The charity may be required to repay funding if it fails to comply with conditions laid down by the various
funding providers.
Included in Investment properties is the purchase and refurbishment costs of a building on Argyle Street,
Birkenhead. A grant of £500,000 was received from the Wirral Primzry Care Trust Iwpcn towards these costs.
WPCT hold a legal tharge over the property dated 31 Marth 2009. the terms of whith are that should the
property be sold within 20 years a set percentage of the sales proceeds will revert back to Wp￿. The
percentage remittsble is tapered down to 0% over 20 years. As at 31 March 202S the amount repayable would
be.. £69,750 {2024- £77,500)
17.
RELATED PARTY DISCLOSURES
The charitable cornpany has tsken advantage of exemption, under the terms of Financial Reporting Standard
102 The FinancÉal Reporting Standard applicable in the UK and Republlc of Ireland,, not to disclose related party
transactions with wholly owned subsidiaries within the group.
Page 19