2025-03-31-accounts

Charity Charity registration registration number: number: 1045229 1045229

The The Street Street Foundation Foundation

Annual Annual Report Report and and Financial Financial Statements Statements for for the[the] Year Year Ended Ended[31] 31 March March 2025 2025

,

The The[Street] Street Foundation Foundation

Contents Contents[(continued)] (continued)

Reference and Administrative Details Reference and Administrative Details	1 1
Trustees' Report Trustees' Report	2 to 3 2to3
Statement of Trustees' Responsibilities Statement ofTrustees’ Responsibilities	4 4
Independent Examiner's Report Independent Examiner's Report	5 5
Statement of Financial Activities Statement of Financial Activities	6 6
Balance Sheet Balance Sheet	7 T
Notes to the Financial Statements NotestotheFinancialStatements	8 to 16 8to16

The The[Street] Street Foundation Foundation

Reference Reference[and] and Administrative Administrative Details[Details]

Trustees Trustees Mrs Mrs[L] L[M] MM[M] Sharp-Smith Sharp-Smith

Mr MrREL R[E] L Smith[Smith] Miss Miss S S F F Smith Smith

Mrs Mrs[S] S J[J] Sharp-Smith Sharp-Smith

Charity Charity Registration Registration Number Number 1045229 1045229 Principal Principal Office Office Street Street[Court] Court

Kingsland Kingsland Leominster Leominster Herefordshire Herefordshire

HR6 HR6 9QA 9QA

Independent Independent Examiner Examiner Hazlewoods Hazlewoods LLP LLP Staverton Staverton[Court] Court Staverton Staverton

Cheltenham Cheltenham GL51 GL51 OIJX OUX

Solicitors Solicitors Harrison Harrison Clark Clark Rickerbys Rickerbys LLP LLP

Ellenborough Ellenborough House House Wellington Wellington Street Street

Cheltenham Cheltenham Gloucestershire Gloucestershire

GL50 GL50 IYD 1YD

Bankers Bankers Lloyds Lloyds TSB TSB Bank Bank[Plc] Plc

49-51 49-51 Dean Dean Street Street Marlow Marlow

Buckinghamshire Buckinghamshire

SL7 SL7 3BP 3BP

Page Page[1] 1

The Street Foundation

Trustees' Report

The trustees present the annual report together with the financial statements of the charity 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 Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

Objects and aims

The objects of the charity are the furtherance and pursuance of charitable purposes and in such proportions and in such manner and subject to such terms and conditions as the Trustees may from time to time in their absolute discretion determine.

In order to achieve the aims and objectives of the charity, the Trustees make grants to a wide variety of organisations, both in the area local to the charity and further afield, supporting a broad range of activities and research.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

The trustees are aware of the Public Benefit provisions of the Charities Act 2011 and of the guidance on them published by the Charity Commission. They are satisfied that the objects of the charity and the activities of the charity are within the definitions of the Charitable Purpose as set down in the Act. The trustees are not aware of any public detriment caused by the charity's objects or activities, and nor are they aware of anyone receiving any private benefit from the charity's activities.

Significant activities

The objects of the charity include the provision of donations for the relief of poverty, the advancement of education, the advancement of religion and other charitable purposes as the Trustees may from time to time determine and there has been no change in these during the year.

Grants are awarded at the discretion of the Trustees following due consideration of how the funds will ultimately be spent in order to ensure the furtherance of the the aims and objectives of the charity.

Achievements and performance

There have been no significant developments or changes to the activities of the charity during the last year. During the year grants made to charities and other not for profit organisations amounted to £506,600 (2024 - £315,187).

Financial review

At the balance sheet date, "free" reserves, being unrestricted funds other than fixed assets, amounted to £480,998 (2024 - £251,312). Cash reserves at the year end (including amounts held on short term deposit) were £482,448 (2024 - £232,740).

Policy on reserves

The charity aims to retain free reserves sufficient to provide adequate working capital to fund its charitable activities.

Risk assessment

The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

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. .................... 26/01/2026 and and[signed] signed on on

Approved Approved by by the[the] trustees trustees of[of] the[the] charity charity on on . .................... 26/01/2026 and and[signed] signed on on[its] its behalf behalf[by:] by:

Date:......... DAG sis 26/01/2026 ccevects cece eatswsrancets

The The Street[Street] Foundation Foundation

Statement Statement of of[Financial] Financial Activities Activities for for the the Year Year Ended Ended[31] 31 March March 2025 2025

	Unrestricted Unrestricted	Unrestricted Unrestricted
	Funds Funds	Funds Funds
	2025 2025	2024 2024
	£	£
Income from: Income from:
Donations and legacies Donations and legacies	750,000 750,000	250,000 250,000
Expenditureon: Expenditure on:
Charitable activities Charitable activities	518,361 518,361	325,083 325,083
Net income/(expenditure) for the year/net movement infunds Net income/(expenditure) forthe year/net movement in funds	231,639 231,639	(75,083) (75,083)
Total funds brought forward Total funds brought forward	251 ,312 251,312	326,395 326,395
Total funds carried forward Totalfundscarriedforward	482,951 482,951	251 ,312 251,312

All All[of] of[the] the charity's charity's activities activities derive derive[from] from continuing continuing operations operations during during the the above above two two[periods.] periods. The The funds[funds] breakdown breakdown[is] is shown shown[in] in[note] note[11.] 11.

The The notes notes on on pages pages 8[8] to to 16 16 form form an an integral integral[part] part[of] of these these financial financial statements. statements.

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sisssesseeeeseeeeeee 26/01/2026

The The Street[Street] Foundation Foundation

Notes Notes[to] to the the[Financial] Financial Statements Statements for for the the Year Year Ended Ended[31] 31 March March 2025 2025

1 1 Accounting Accounting policies policies

Statement Statement of of compliance compliance

The The financial financial statements statements have have been been[prepared] prepared in in accordance accordance with with the the second second edition edition of of the the Charities Charities Statement Statement[of] of Recommended Recommended Practice Practice issued issued in in October October 2019, 2019, the the Financial Financial Reporting Reporting Standard Standard applicable applicable[in] in[the] the United United Kingdom Kingdom and and Republic Republic of[of] Ireland Ireland (FRS (FRS[102)] 102) and and[the] the[Charities] Charities Act Act 2011. 2011. Charity Charity information information The The Street Street Foundation Foundation is[is] an an unincorporated unincorporated charity charity and and is[is] registered registered[with] with the the Charity Charity Commission Commission under under number number 1045229. 1045229. The The address address of of the the principal principal office office can can be be found found on on the the legal legal and and administrative administrative information information page. page.

Basis Basis[of] of preparation[preparation]

The The Street Street Foundation Foundation meets meets[the] the definition definition[of] of a a[public] public[benefit] benefit entity entity under under FRS FRS 102.[102.] The The accounts accounts (financial (financial statements) statements) have have been been prepared prepared under under the[the] historical historical cost cost convention convention[with] with items items recognised recognised at at cost cost or or transaction transaction value value unless unless otherwise otherwise stated stated[in] in the[the] relevant relevant note(s) note(s) to to these these accounts. accounts. The The charity charity has has taken taken advantage advantage[of] of the the provisions provisions in[in][the] the SORP SORP for for smaller smaller charities charities not[not] to to prepare prepare a a Statement Statement[of] of Cash Cash Flows. Flows.

The The financial financial statements statements have have departed[departed] from[from] the the[Charities] Charities[(Accounts] (Accounts and and Reports) Reports) Regulations Regulations 2008 2008 only only to to the the extent extent required required to to provide provide a a true true and and fair fair view. view. This This departure departure has has involved involved following following the the Statement Statement of[of] Recommended Recommended Practice Practice for[for] charities charities applying applying FRS FRS 102 102 rather rather than than the the version version of of the the Statement Statement[of] of Recommended Recommended Practice Practice which which is[is][referred] referred[to] to[in] in[the] the Regulations Regulations but[but] which which has has since since been been withdrawn. withdrawn.

The The financial financial statements statements are are prepared prepared in in sterling, sterling, which which is is the the functional functional currency currency of of the the charity. charity. Monetary Monetary amounts amounts[in] in[these] these[financial] financial statements[statements] are are rounded rounded to[to][the] the nearest nearest £.[E.]

The The financial financial statements statements have have been been prepared prepared under under[the] the historical historical cost cost convention, convention, the[the] principal principal accounting accounting policies policies are are set set out out below. below.

Going Going concern concern

At At the[the] time time[of] of[approving] approving the the financial financial statements, statements, the the trustees trustees have have a a reasonable reasonable expectation expectation that that the the charity charity has has adequate adequate resources resources to[to] continue continue[in] in operational operational existence existence for for[the] the foreseeable foreseeable future. future. Thus Thus the the trustees trustees continue continue to to adopt adopt the the going going concern concern basis basis of of accounting accounting in in preparing preparing the the financial financial statements. statements.

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The The[Street] Street Foundation Foundation

Notes Notes[to] to the the Financial[Financial] Statements Statements for for the the Year Year Ended Ended[31] 31 March March 2025 2025 (continued) (continued)

1 1 Accounting Accounting policies policies (continued)[(continued)]

Critical Critical accounting accounting judgements judgements and[and][key] key sources sources of of[estimation] estimation[uncertainty] uncertainty

The The trustees trustees are are required required[to] to make make judgements, judgements, estimates estimates and and assumptions assumptions about about[the] the carrying[carrying] value value of of assets assets and and liabilities liabilities based based on on their their experience experience and and professional professional advice advice received. received. Inevitably, Inevitably, the the

actual actual outcome outcome may may differ differ from from predictions. predictions. Estimates Estimates and and underlying underlying assumptions assumptions are are reviewed reviewed on on

an an ongoing[ongoing] basis[basis] to[to] ensure ensure[that] that[they] they remain[remain][relevant.] relevant.

There There are are no no critical critical judgements judgements or or estimates estimates[to] to be be disclosed disclosed

Income Income and and endowments endowments Income Income is[is][recognised] recognised when when the[the] charity charity[is] is legally legally entitled entitled[to] to[it] it after after any any performance performance conditions conditions have have been been met,[met,] the the amounts amounts can can[be] be[measured] measured reliably, reliably, and and[it] it is[is] probable probable that that[income] income will[will][be] be[received.] received.

Donations Donations and and legacies[legacies]

Cash Cash donations donations are are recognised recognised on on receipt. receipt. Other Other donations donations are are[recognised] recognised once once the the charity charity has has been been notified notified[of] of the[the] donation, donation, unless unless performance performance conditions conditions require require deferral deferral of[of][the] the amount. amount. Income Income[tax] tax recoverable recoverable[in] in relation relation to to donations donations received received under under Gift Gift Aid Aid or or deeds deeds of[of] covenant covenant is[is] recognised[recognised][at] at[the] the time time of[of] the[the] donation. donation.

Legacies Legacies are are recognised recognised on on[receipt] receipt or or otherwise otherwise if if the the charity charity has has been been notified notified[of] of an an impending impending distribution, distribution,[the] the amount amount[is] is known, known, and and[receipt] receipt[is] is expected. expected.[If] If[the] the amount amount[is] is not[not] known, known, the the legacy legacy is is treated treated as as a a contingent contingent[asset.] asset.

The The[charity] charity receives receives donated donated resources resources[from] from[the] the HR HR Smith Smith Group Group[of] of companies companies in in the the form form of of provision provision of[of] office office space space[but] but as as[the] the value value[of] of these these resources resources cannot cannot be[be] quantified[quantified][the] the income income and and expenditure expenditure has has[not] not been been[recognised] recognised in[in] the the statement statement[of] of financial financial[activities.] activities.

Investment Investment income income

Interest Interest on on[funds] funds[held] held on on deposit deposit is[is] included included when when receivable receivable & & the the amount amount can can be[be] measured measured reliably reliably by by the the charity; charity; this this is is normally normally upon upon notification notification of of the the interest interest paid paid or or payable payable by by the the bank. bank.

Expenditure Expenditure

Liabilities Liabilities are are recognised recognised as as expenditure expenditure as as soon soon as as[there] there is is a a legal legal or or constructive constructive obligation obligation committing committing[the] the charity charity to to that that expenditure, expenditure, it it is is probable probable that that a a transfer transfer of of economic economic benefits benefits will will be be required required in in settlement settlement and and the the amount amount of of the the obligation obligation can can be be measured measured reliably. reliably. Expenditure Expenditure is is accounted accounted for for on on an an accruals accruals basis basis and and has has been been classified classified under under headings headings that that aggregate aggregate[all] all[related] related to to the the category. category. Where Where costs costs cannot cannot be be directly directly attributed attributed to to particular particular headings headings they they have have been been allocated allocated to to activities activities on on a a basis basis consistent consistent with[with][the] the use use of[of] resources. resources. Irrecoverable Irrecoverable VAT VAT[is] is charged charged against against[the] the category category of[of] resources resources expended expended for for which which[it] it is[is] incurred. incurred. Support Support costs costs are are those those functions functions that that assist[assist] the[the] work work[of] of[the] the charity charity but[but] do do not[not] directly directly undertake undertake charitable charitable activities. activities. Support Support costs costs include include office office costs, costs, finance, finance, personnel, personnel, payroll payroll and and governance governance costs costs which which support support[the] the charitys charity's programmes programmes[and] and[activities.] activities. These[These] costs[costs][have] have been[been][allocated] allocated between between cost cost of[of] raising raising funds[funds] and and expenditure expenditure on on charitable charitable activities. activities. The The bases bases on on which which support support costs costs have have been been allocated allocated are are[set] set out out[in] in[the] the[notes] notes[to] to[the] the financial financial statements. statements. Committed Committed grants grants are are recognised recognised[in] in[full] full[in] in[the] the year year in in which which they they are are approved approved with with future future payments payments being being included included as as liabilities. liabilities. Grants[Grants] offered offered subject subject[to] to conditions conditions which which have have not[not] been been met met at[at][the] the year year end end date date are are[noted] noted as as a a commitment commitment[but] but not not[accrued] accrued as as expenditure. expenditure.

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The The[Street] Street Foundation Foundation

Notes Notes[to] to the the[Financial] Financial Statements Statements for for the the Year Year Ended Ended 31[31] March March 2025 2025 (continued) (continued)

1 1 Accounting Accounting policies policies[(continued)] (continued) Charitable Charitable activities[activities]

Charitable Charitable expenditure expenditure comprises comprises those those costs costs incurred incurred by by[the] the charity charity in in the the[delivery] delivery[of] of its its activities activities

and and services services for for its[its] beneficiaries. beneficiaries.[It] It includes includes[both] both costs costs that that can can[be] be allocated allocated directly directly[to] to such such activities activities

and and[those] those costs costs of[of] an an indirect indirect nature nature necessary necessary[to] to support support[them.] them.

Governance Governance costs costs These These include include the the costs costs attributable attributable[to] to the the charity's charity's compliance compliance with with constitutional constitutional and and statutory statutory requirements, requirements, including including audit, audit, strategic strategic management management and and trustees trustees meetings meetings and and reimbursed reimbursed expenses. expenses.

Taxation Taxation The The charity charity is[is] exempt exempt[from] from corporation corporation[tax] tax on on income income and and gains gains falling falling within[within] section section[505] 505 of[of] the[the] Taxes Taxes Act Act 1988 1988 or or section section 256 256 of of[the] the Taxation Taxation[of] of chargeable chargeable Gains Gains Act Act 1992 1992 to to[the] the extent extent that that these these applied applied to to[the] the charitable[charitable] objects. objects. Tangible Tangible fixed fixed assets assets Individual Individual fixed fixed assets assets costing costing E500 £500 or or more more are are initially initially recorded recorded at at cost, cost, less less any any subsequent subsequent accumulated accumulated depreciation depreciation and and subsequent subsequent accumulated accumulated impairment impairment losses.[losses.]

Depreciation Depreciation and and amortisation amortisation

Depreciation Depreciation is[is] provided provided on on[tangible] tangible[fixed] fixed assets assets so so as as to to[write] write off off the the cost cost or or[valuation,] valuation, less less any any estimated estimated[residual] residual[value,] value, over over their their expected expected useful[useful] economic economic life[life] as as follows: follows:

Asset Asset[class] class Depreciation Depreciation method method and and rate rate Furniture Furniture and and equipment equipment 15% 15% Straight Straight Line Line

Trade Trade debtors[debtors] Trade Trade debtors[debtors] are are amounts amounts[due] due[from] from[customers] customers[for] for[merchandise] merchandise sold[sold] or[or][services] services performed[performed][in] in[the] the ordinary ordinary course course[of] of business. business.

Trade Trade[debtors] debtors are are[recognised] recognised[initially] initially at at[the] the transaction transaction price. price. They They are are subsequently subsequently measured measured at at amortised amortised cost cost using using[the] the effective effective interest interest method, method, less less provision provision for for impairment. impairment. A A provision provision for for the the impairment impairment[of] of trade trade debtors debtors[is] is established established when when there there[is] is objective objective evidence evidence that[that][the] the charity charity[will] will[not] not be be able able[to] to collect collect[all] all amounts amounts due due according[according][to] to[the] the original original terms terms[of] of the[the][receivables.] receivables.

Cash Cash and and cash cash equivalents equivalents

Cash Cash and and cash cash equivalents equivalents comprise comprise cash cash on on hand hand and and call call deposits, deposits, and and other other short-term short-term highly highly

liquid liquid investments investments that that are are readily readily convertible convertible to to a a known known amount amount of[of] cash cash and and are are subject subject to to an an insignificant insignificant[risk] risk[of] of change change[in] in value.[value.]

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The The[Street] Street Foundation Foundation

Notes Notes to[to] the the[Financial] Financial Statements Statements for for the the Year Year Ended Ended 31[31] March March 2025 2025 (continued) (continued)

• 1 1 Accounting Accounting policies policies[(continued)] (continued)

Borrowings Borrowings Interest-bearing Interest-bearing borrowings borrowings are are initially initially recorded recorded at at fair fair value, value, net net of of transaction transaction costs. costs. Interest-bearing Interest-bearing borrowings borrowings are are subsequently subsequently[carried] carried at[at] amortised amortised cost,[cost,][with] with[the] the difference difference between between the the proceeds, proceeds, net net of of transaction transaction costs, costs, and and[the] the amount amount due due on on redemption redemption being being recognised recognised as as a a charge charge to to the[the] Statement Statement[of] of Financial Financial Activities Activities over over the the period period[of] of the[the][relevant] relevant borrowing. borrowing. Interest Interest expense expense[is] is recognised recognised on on[the] the basis basis[of] of[the] the effective effective interest interest method method and and is[is] included included[in] in interest interest payable payable and and similar similar charges. charges.

Borrowings Borrowings are are classified classified as as current current liabilities liabilities unless unless[the] the charity charity has has an an unconditional unconditional right right to to defer defer settlement settlement of[of] the[the] liability liability for for[at] at least least twelve twelve months months after after the[the][reporting] reporting date.[date.]

Fund Fund structure structure Unrestricted Unrestricted income income funds funds are are general general funds funds[that] that are are[available] available for for use use[at] at[the] the trustees trustees[discretion] discretion[in] in furtherance furtherance[of] of the[the] objectives objectives of[of][the] the charity. charity. Restricted Restricted funds funds are are subject subject to to specific specific conditions conditions by by donors donors as as to to how how they they may may be be used. used. The The purposes purposes[and] and uses uses[of] of[the] the[restricted] restricted[funds] funds are are[set] set out[out] in[in][the] the[notes] notes to[to] the[the] financial[financial][statements] statements where[where] required. required.

Financial Financial instruments instruments

Classification Classification Financial Financial assets assets and and financial financial liabilities liabilities are are[recognised] recognised when when[the] the charity charity becomes becomes a a[party] party to to the the contractual contractual provisions provisions[of] of the the instrument. instrument. Financial Financial liabilities liabilities and and equity equity instruments instruments are are classified classified according according to to the[the] substance substance[of] of[the] the contractual contractual arrangements arrangements entered entered[into.] into. An An equity equity instrument instrument[is] is any any contract contract that that evidences[evidences] a a residual[residual] interest interest[in] in the the assets assets[of] of the the charity after charity after deducting deducting[all] all[of] of[its] its liabilities. liabilities.

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The The[Street] Street Foundation Foundation

Notes Notes[to] to the the[Financial] Financial Statements Statements[for] for the the Year Year Ended Ended 31[31] March March 2025 2025 (continued) (continued)

I 1 Accounting Accounting policies policies[(continued)] (continued)

Recognition Recognition and measurement[and] measurement All All financial financial assets assets and and liabilities liabilities are are initially initially measured measured at at transaction transaction price price (including (including transaction transaction costs), costs), except except for for those[those] financial financial assets assets classified classified as as[at] at fair fair value value through through profit[profit] or or loss, loss, which which are are initially initially measured measured at at fair fair value value (which (which is[is] normally normally the the transaction transaction price price excluding excluding transaction transaction costs), costs),

unless unless[the] the arrangement arrangement[constitutes] constitutes a a financing financing[transaction.] transaction.[If] If an an arrangement arrangement constitutes[constitutes] a a financing financing transaction, transaction, the the financial financial asset asset or or financial financial liability liability is is measured measured at at the the present present value value of of the the future future payments payments discounted discounted at[at] a a market market rate[rate] of[of] interest interest[for] for a a similar similar[debt] debt instrument. instrument.

Financial Financial assets assets and and liabilities liabilities are are only[only] offset offset[in] in[the] the statement statement of of financial financial position[position] when, when, and and only[only] when when there there[exists] exists a a legally legally enforceable enforceable right[right] to[to][set] set off off the[the][recognised] recognised amounts amounts and and the[the] charity charity intends intends either either to[to] settle settle on on a a[net] net basis,[basis,] or or to to realise realise the[the] asset asset and and settle settle[the] the liability liability simultaneously. simultaneously.

Financial Financial assets assets are are derecognised derecognised when when and and only[only] when when[a)] a)[the] the contractual contractual rights rights to to[the] the cash cash flows flows from from the the financial financial asset asset expire expire or or are are[settled,] settled, b) b) the the charity charity transfers transfers to to another another party party substantially substantially all all of of the the risks risks and and rewards rewards of of ownership ownership of of the the financial financial asset, asset, or or c) c) the the charity, charity, despite despite having having retained retained some, some, but[but][not] not[all,] all,[significant] significant[risks] risks[and] and[rewards] rewards[of] of ownership,[ownership,] has[has][transferred] transferred control[control] of[of][the] the asset asset to[to] another another party.[party.]

Financial Financial liabilities liabilities are are derecognised derecognised only only when when the the obligation obligation specified specified in in the the contract contract is is discharged, discharged, cancelled cancelled or or expires.[expires.]

Basic Basic financial financial liabilities liabilities Basic Basic financial financial liabilities, liabilities,[including] including[creditors] creditors and and bank bank loans loans are are initially initially recognised recognised at at transaction transaction[price] price unless unless the[the] arrangement arrangement[constitutes] constitutes a a financing financing[transaction,] transaction, where where the[the] debt debt instrument instrument[is] is measured measured at at the the present present value value of of the the future future payments payments discounted discounted at at a a market market rate rate[of] of interest. interest. Financial[Financial] liabilities liabilities classified classified as as payable payable within[within] one one year year are are[not] not amortised. amortised. Debt Debt instruments instruments are are subsequently[subsequently][carried] carried[at] at amortised amortised[cost,] cost, using using the[the] effective effective interest interest[rate] rate method. method. Trade Trade[creditors] creditors are are[obligations] obligations to[to] pay pay for for goods goods or or services services that that have have been been acquired acquired in[in][the] the ordinary ordinary course course of[of] operations operations[from] from[suppliers.] suppliers.[Amounts] Amounts payable payable are are[classified] classified as as current current liabilities liabilities if[if] payment payment[is] is due due within[within] one one year year or or less.[less.][If] If[not,] not, they they are are presented presented as as non-current non-current liabilities. liabilities. Trade Trade[creditors] creditors are are recognised recognised initially initially at at transaction transaction price price and and subsequently subsequently measured measured at at amortised amortised cost cost using using the the effective effective interest interest method. method. Derecognition Derecognition[of] of[financial] financial liabilities liabilities Financial Financial liabilities liabilities are are derecognised derecognised when when the the charity's charity's contractual contractual obligations obligations expire expire or or are are discharged discharged or or cancelled. cancelled. 2 2 Income Income from from donations donations and and legacies legacies Unrestricted Unrestricted Unrestricted Unrestricted funds funds funds funds 2025 2025 2024 2024 £ £ Donations Donations from from companies, companies, trusts trusts and and similar similar proceeds proceeds 750,000 750,000 250,000 250,000 750,000 750,000 250,000 250,000

2 2 Income Income from from donations donations and and legacies legacies

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The Street Foundation

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

3 Expenditure on charitable activities

3 Expenditure on charitable activities
Note	Funding of activities 2025 £ Funding of activities 2024 £
Grant funding of activities 4	506,600 315,187
Allocated support costs 5	9,717 7,994
Governance costs 5	2,044 1,902
	518,361 325,083
4 Grants payable
	2025 £ 2024 £
Disability	143,000 18,700
Religion	21,500 -
Education	287,500 205,511
Community	4,600 60,976
Human Rights	50,000 30,000
	506,600 315,187

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The Street Foundation

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

4 Grants payable (continued)

4 Grants payable (continued)
	Total	Total
	2025	2024
	£	£
Details of grants to institutions
Natural History Museum	37,500	-
Kingsland PCC	1,500	4,928
Civitas	45,000	45,000
Liverpool Charity & Voluntary Services	10,000	10,000
New Culture Forum	100,000	100,000
Big Brother Watch	50,000	30,000
Zoe's Place Trust Liverpool	73,000	-
Centre for Social Justice	30,000	30,000
Oxford University Dev Trust	40,000	-
St Michael's Hospice	50,000	-
The Elms	20,000	-
Parish Church of St Michael & All Angels'	20,000	-
Faith Truth and Hope	-	10,000
The Dominican Council	-	4,511
Team Domenica	-	10,000
The Museum of Royal Worcester	-	50,000
Other	29,600	20,748
	506,600	315,187

5 Analysis of governance and support costs

	Support costs £	Governance costs £	2025 £ 2024 £
Rates	8,913	-	8,913 7,578
Independent examiners fee	-	2,044	2,044 1,902
Bank charges	459	-	459 416
Depreciation of office equipment	345	-	345 -
Analysed between	9,717	2,044	11,761 9,896
Charitable activities

Governance costs include amounts payable to the independent examiner of £650 (2024 - £732) for Independent Examination and £1,394 (2024 - £1,170) payable to the Independent Examiner for other accountancy services provided.

6 Trustees remuneration and expenses

None of the trustees (or any persons connected with them) received any remuneration, benefits or reimbursed expenses from the charity during the year.

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The The[Street] Street Foundation Foundation

Notes Notes to[to] the the[Financial] Financial Statements Statements for for the the Year Year Ended Ended 31[31] March March 2025 2025 (continued) (continued)

7 7 Taxation Taxation

The The charity charity[is] is exempt exempt[from] from[tax] tax on on income income and and gains gains falling falling[within] within section section 505 505[of] of the[the] Taxes Taxes Act Act 1988 1988 or or section section 252 252 of[of][the] the Taxation Taxation[of] of Chargeable Chargeable Gains Gains[Act] Act 1992 1992[to] to the the extent extent that that these these are are applied applied to to its its charitable charitable objects. objects.

8 8 Tangible Tangible[fixed] fixed assets assets

8 Tangible [fixed] assets 8 Tangible fixed assets
			Furniture and Furniture and
			equipment equipment
			£
Cost Cost
Additions Additions			2,298 2,298
At 31 March 2025 At 31 March 2025			2,298 2,298
Depreciation Depreciation
Charge for the year Charge forthe year			345 345
At 31 March 2025 At 31 March 2025			345 345
Net bookvalue Net book value
At 31 March 2025 At 31 March 2025			1 ,953 1,953
9 Debtors 9 Debtors
	2025 2025		2024 2024
	£		£
Other debtors Otherdebtors		-	20,000 20,000

In In the the prior prior year year other other debtors debtors comprised comprised an an unsecured unsecured[loan] loan to to St[St] Michaels Michaels Restoration Restoration Fund Fund which which attracted attracted interest interest at at a a rate rate of of 0% 0% and and was was due due for for repayment repayment within within 1 1 year year of of the the balance balance sheet sheet date. date. During During the the year year ended[ended] 31 31 March March 2025, 2025,[the] the Trustees Trustees elected elected to to convert convert the the loan loan into into a a donation, donation, therefore therefore[the] the amount amount repayable repayable[is] is nil nil[at] at[the] the year year[end.] end.

10 10 Creditors: Creditors: amounts amounts falling falling due due within within one one year year

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Accruals Accruals
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2025 2025 2024 2024
£ £
1,450 1 ,450 1 1,428 ,428
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Page Page 15[15]

The The Street Street Foundation Foundation

Notes Notes[to] to the the[Financial] Financial Statements Statements for for the the Year Year Ended Ended 31[31] March March 2025 2025 (continued) (continued)

11 11 Funds Funds These These are are[the] the unrestricted[unrestricted][funds] funds which which are are[material] material[to] to[the] the charity's charity's activities activities and and made made up up as as follows: follows:

		Balance at 1 Balance at 1	Incoming Incoming	Resources Resources	Balance at 31 Balance at 31
		April 2024 April 2024	resources resources	expended expended	March 2025 March 2025
		z	£	£	al
Unrestricted Unrestricted	funds funds
General General		251,312 251,312	750,000 750,000	(518,361)	482,951 482,951
		Balance at 1 April 2023 Balance at 1 April 2023	Incoming resources Incoming resources	Resources expended Resources expended	Balance at 31 March 2024 Balance at 31 March 2024
		£	&	£	3
Unrestricted Unrestricted	funds funds
General General		326,395 326,395	250,000 250,000	(325,083) (325,083)	251 ,312 251,312

12 12 Related Related party party transactions transactions

During During[the] the year year the the charity charity[received] received donations donations[of] of 2750,000 £750,000 (2024 (2024 - - 250,000) £250,000) from from HR HR Smith Smith Group Group Limited. Limited.

Mr Mr REL R[E][L] Smith Smith and and Miss Miss S[S][F] F Smith Smith are are Trustees Trustees[of] of[the] the charity charity and and also[also] directors[directors] of[of] HR HR Smith Smith Group Group Limited. Limited. The The company company received received donations donations without without conditions conditions as as detailed detailed above. above.

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