Registered number: 03179785
Charty number: 1054129
We Are Beams
(A company limited by guarantee)
Trustees. report and financial statoments
For the year ended 31 March 2025

Wè Are Beams
(A Company limited by guarantee)
Contents
Page
Reference and admlnlstrative details of the Charfty, Its Trustees and advisers
Trustses. report
Ind•pendent audltor's report on the financial statements
Consolidated statement of financial acllvlties
2-10
16
Consolidated balance shoet
17
Charity balance sheet
Consolidated statement of cash flows
18
19
Notes to the financial statements
20-42

We Are Beams
(A company limited by guarantee)
Reference and administrative detai15 of the Charity. Its Trustses and advlsers
For the year ended 31 March 2025
Trustees
Mrs R Neale
Mr A J Garrett, Treasurer
Mr N H Johnston
Mr J H Jarvis. Chair
Mrs T Cox, Vice Chair
Mrs J Challis (resigned 12 August 2025)
Mrs S Crocker
Mrs J Wells lappoinled 4 May 2024)
Mr M Vvalker (appointed 20 June 2024)
Mx M Clinch (appointed 29 August 2024)
Company registered
number
03179785
Charlty reglsterod
number
1054129
Registered office
Allsworth Court
40 St David's Road
Hextable
Kent
BR8 7RJ
Company secretsry
Mrs K Adams
Head of Charity
Mrs K Adams
Independent auditor
Kreston Reeves Audit LLP
Chartered Accountants
Statutory Auditor
Maritime Place
Quayside
Chatham Maritime
Chatham
Kent
ME4 4QZ
Page 1

We Are Beams
{A company limlted by guarantee)
Trustees. report
For the year ended 31 March 2025
The Trustees present their annual report together with the audited financial statements of the company for the
year ended 31 March 2025. The TNstees confirm Ihat the Annual Report and financial ststements of
the company Comply with the current statutory requirements, the requirements of Ihe company's
governing document and the provisions of the Statement of Recommended Practice (SORP), 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 2015) as amended by Update Bulletin 1 (effective 1
January 2015).
Since the company qualifies as small under section 382 of the Companies Act 2006, the strategic report
required of medium and large companies under the Companies Act 2006 (Strategic Report and Director's
Report) Regulations 2013 is not required.
Objectlves and actlvltles
a. Policies and objectlves
Our vision is that Beams will be a leader in transforming the lives of disabled children and young people and
their families, enabling greater independence and control of their lives and futures. setting a path for others to
follow.
Values that underpin the work of Beams are:
Service excellence
Parent driven
People focused
Responsive to needs
Promoting an indusive agenda
Client involvement in the development of Services
Regular and systematic monitoring and evaluation
Increasing social awareness of disability
Collaborative working
Our Aims
We aim to provide comprehensive support services and related projects that directly benefit and assist families
dealing with the challenges of raising a disabled child. Beams supports families of chihJren with any form of
physical, leaming or sensory impairment living primarily in the Dartford. Gravesham or Sevenoaks area.
The charity did not make any changes to its mission or core aims during the year, and in reviewing its business
objectives and activities was very mindful of the need to maintain as best as possible our current services and
activities. The financial climate and uncertainty has given cause for alarm across all sectors and the Trustees
recognised that caution will cJ)ntinue to offer a far more strategic approach in achieving the ongoing
sustainability and vibrancy of the charity into the future.
Page 2

We Are Boam$
(A company Ilmlted by guarantee
Trustees, report (¢ontlnued)
For the year ended 31 March 2025
Objectives and actlvltles (continued)
b. Strategie8 for achieving objectives
Strategic Objectives
1. To provide the whole family with a bespoke menu of advice, information, suppor( leisure and education
seNices including:
Family Advi￿ Service
Short Break Activity Service
Dragons Retreat Short Break Unit
Support services for Kent families in receipt of Direct Payments for disabled child and young people
through Direct Payment Service. This service has been transferred as at 31 March 2025.
Support Brokerage Service providing families and young people with additional opportunities to direct their
lives and futures
Payroll se￿iCe for families employing their own stsff
To provide and develop in partnership with other organisations or statutory bodies a range of inclusive and
specialist services that meet the needs of all disabled children & young people and their families
2. To ensure that marketing and fundraising activity effectively delivers income and raises our profile including..
A focus on donor acquisition and major donor income
Building our profile
Developing supporter relationships
To promote, market, raise awareness and secure a range of funding streams in order to ensure the future
of Beams
3. To review the structure of Beams in order to minimise risk and maximise opportunities.
4. To attain the Trusted Charity quality maTk and continue to maintain qualty assured servi￿$ in all areas of
Beams.
5. To develop and secure opportunities to diversify and generate sustainable income sources using our existing
services and products whilst maintaining our values.
8. To continue to invest in the professional development of als staff, with a continued focus on leadership and
management skills.
7. To meet the ongoin9 and future needs of the charty to secure ownership of a propety that will meet the
needs of Beams for the near future.
In setting objectives and planning for activities the Trustees have given due consideration to guidance from the
Charity Commission relating to public benefit. The charity substsntially relies on grants and contracts with local
authorities and to a lesser extent fees and charges to cover its operating costs. In setting the level of fees,
charges and concessions, the trustees consider the accessibility of its activities for those on low incomes.
Page 3

We Arn Beams
(A company limited by guarantee)
Trustees. report (continued)
For the year ended 31 March 2025
Objectives and actlvities (Continued)
. Main activltles undertaken to further the charity's purposes for the public benefit and achleve
objectives
Family Advice Servi
The Family Advice sep11￿ is the principal frontline setvice for our membership and others. The service
continues to offer 5UPPOrt to families across a wide range of issues that affect a family with a disabled child.
The effect of dealing with the wide range of issues and providing advice, guidance and support is what Ihe
Family Advice Service is all about. The support provided is led by the needs of families who are dealing with
despair, battles, depression and exhaustion. The Family Advice team has continued their work with all families
that contact us. Fa￿ to face, work has continued and a full range of opportunities are used to provide as much
access to support as possible. Our weekly advice clinics have Continued in each area, alOngs￿e support via
telephone and the use of video conferencing. ensuring parents could access 1 to 1 attention. Support Group
meetings and Cygnet Training courses have been running and for a second consecutive year in excess of 3000
contscts were re￿iVed by the seNi¢e.
Key activities include:
A telephone helpline and drop4n centre
Educational advice
Weekty advice clinics
Monthly support groups in each area
Delivering ADHD parent training
Delivery of the Cygnet parenting programme
Partnership workin9 including..
Earfy help
Homestart
Fathers club
ADHD pathway
Spa¢e2beme
KENT pact
Short Break Services
Activities
The short break setvices support disabled children. young people, and their families. The principle work of the
seNice is to enable disabled children to have enjoyable experiences, which help them become more
independent and fomi friendships outside the family. We also support families by providing respite seNices.
offering events. and day trips that the family can attend together.
Our nonnal programme of short breaks ran during the year. It was a great delight to see how happy the children
were to be able to attend.
Playschemes operated in all school holidays and a range of events. activities and outings were arranged.
A number of famity events were offered during the year, giving families an opportunity to spend time together
with support available if needed.
Page 4

We Are Beams
(A company limited by guarantee)
Trustees. report (continued)
For the year ended 31 March 2025
Objectives and actlvities {continued)
Residential
Dragons Retreat short break unit conts.nued to operate. During the year, we were able to increase occupancy.
Young people attending enjoy planned activities and days out as well as working towards targets to increase
their levels of independence.
Parents benefit from much needed respite from their caring roles.
We had a full Ofsted Inspection in February and we are very pleased that we V￿re awarded an Outstanding
grade. This is a great achievement for the team and recognises the high standards of care that are delivered
for young people.
Direct payment team
The Direct Payment Team have now complèted the Year 6 of the original contract which VRS an agreed
extension.
Direct Payments offer a different way of arranging social care services for disabled children and young people
and their families. Above all else, Direct payments offers families and the child..
More control over how, when and where support seNices are arranged and,"
Greater flexibility over how, when and where support seNices are arranged
The Beams Direct Payment SeNice currently support parents of over 1220 young people across Kent so that
Ihey can take control of their disabled child or young person has assessed Care and Support needs. The
Beams Direct Payment Service helps parents to understand the responsibilities of receiving Direct Payment
money, and how to use this correctly. Each family is allocated to a dedicated Beams Direct Payment Case
Worker for continuity, and we know the parents trust us to work with them.
The local authorty undertook a procurement for the next 3 year award of the contract during 2024. It was a
great disappointment that following this the contract Vdas awarded to a national company. 10 of our staff team
were transferred to the new provider on 31 st March 2025 under TUPE rules.
Support Brokerage Service
The ultimate aim of Support Brokers is to see people taking full control of their own lives.
Support Brokers are independent and work alongside people, supporting them to plan how to live in the way
they choose. a life that makes sense to them.The Support Broker will encourage people to think about what
they really want and find ways to work towards their perfect life. They work directly for the person; supporting
them to stay in control. to understand and explore a full range of opportunities and to become confident to take
the action needed to achieve their desired outcomes.
Currently our service focuses on 3 areas
Person Centred Planning
Brokerage Management
Support services
Fundraising & Marketing
The Fundraising Team headed by Caroline Brinkman - has continued its outstanding work to highlight how We
Are Beams is perceived in the local community and with local businesses. The team have held a number of
events and challenges during the year highlighting the work of Beams and the impact it has on families. They
have also been successful with a range of grants. Income generated by the fundraising team was over
£789,000.
Page S

We Are Beams
(A company limited by guarantee)
Trustees. report (continued)
For the year ended 31 March 2025
Objectives and activitios (continued)
Volunleer5
We ar8 Beams. main activities are assisted by a small number of volunteers working within the different
departments. They help wrth the support groups, assist in the main office, supporting the Admin teams
including managing the library. Their role also extends to helping with social events, activity groups and
fundraising events. They are supported and supervised by the respective department heads and receive
training where appropriate. Their contribution to the We are Beams is vital to the charity's continued success at
all levels.
Achievements and perfornianc•
a. Key financial perforniance indicators
The Charitable sector continues to experience uncertainty regarding funding.
The Trustees together with the Management team have continued to be proactive in their planning and service
delivery alongside a robust approach to fundraising and procurement.
In this reporting year the charity had a nel accounting surplus of £162,169 (2024: deficit of £67.285) which was
n line with expected perfonnance.
Totsl Income for the year £2,480,058 (2024: £2,125,086).
Expendilure for the year was £2,307,135 (2024.. £2,169,459).
Page 6

We Are Beams
{A company limited by guarantee)
Trustees. report (continued)
Forthe year ended 31 March 2025
Achievements and performance (contlnued)
b. Investment policy and perfomian¢e
The Charty Reserves policy states:
'The charity has a commttment to transform the lives of disabled children and young people and their familie5.
To ensure that this commitment to families continues to be met, it is the trustees, policy that the balance of
general funds should be maintained at six months, unrestricted expenditure. This poli￿ is based on past
exp8rienGe and is reviewed annually by the trustees.
Steps needed to establish or maintain reserves at the agreed level..
the Finance Manager and CEOIHead of Charity will together plan a reserve budget amount
the reserves budget amount will then be discussed at the full board meeting when annual budgets for the
whole organisation are discussed in March of each year. Budgets to be agreed and then sent to the full
Board Meeting for final approval.
The arrangements for monitoring and reviewing the policy..
the policy will be reviewed every year.
Cash reserves at the end of the year, after removing client funds, total £608,240. The charity aims to hold
sufficient funds to continue operating for a short period with no income from major funding sources. The
unrestricted balance represents 3 months operating costs (without commissioned Servi￿S).
The Charity operates a range of setvices that ensure that there is a 3 months. noti￿ for Ihe cessation.of
contracted or commissioned work. The Trustees have with the senior management team agreed that this 3-
month period will be used to wind up the service to finish work on these at the end of the notice period.
In looking at the resetves level, the Trustees base the required levels on the potential winding up of the Charity
after setvitss have ￿ased. This figure is therefore considerably lower than 6 months full operating
expenditure.
As in previous years, the charity continues to hold a proportion of funds in the Charities Deposit Fund (COIF),
an account whose pooled assets are deposited in rigorously selected financial institutions approved by the
COIF trustees. For each counterpaty, there are agreed individual deposit limits, thus ensuring a wide spread
across a range of institutions, the credit stalus of each being monitored on a daily basis. Currently the COIF
Fund's own creditworthiness status is A4A, thus reflecting its high credit quality and low risk. This is in line with
the Trustee's policy of safeguarding funds from fi'nancial risk.
Page 7

We Are Beams
(A company limited by guarantee)
Trustees. report (continued)
For the year ended 31 March 2025
Flnancial revièw
. Going concern
After making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate
resources to continue in operats'onal existence for the near future. For Ihis reason, they continue to adopt the
going concem basis in preparing the financial statements. Further details regarding the adoption of the going
concem basis can be found in the accounting policies.
b. Principal funding
Commissioned work for Kent County Council and other local authorities provides a significant level of income
to the charity, however we continue to analyse the tenders for seNices and will only bid for those that ensure
adequate funding for the level of service the children and families deserve to have provided for them. The
charity continues to seek income from other sources.
The charity has 3 other main income generating seNices with Dragons Retreat. Beams Payroll Service and the
Brokerage support service.
Structure. govemance and management
a. Constitutlon
The company is registered as a charitable company limited by guarantee and was set up by a Memorandum of
Association on 22 March 1996.
The company is constituted under a Memorandum of Association dated 22 March 1996 and is a registered
charity number 1054129.
The principal object of the Company is to provide comprehensive support services and related projects that
directly benefit and assist families dealing with the challenges of raising a disabled child. Beams supports
families of children with any form of physical, leaming or sensory impairment living primarily in the Dartford,
Gravesham or Sevenoaks area.
b. Methods of appointment or electlon of Trustees
The management of the Group and the Charity is the responsibility of the Trustees who are elected and co-
opted under the terms of the Memorandum of Association.
c. Policies adopted for the induction and training of Trustee6
The majority of Trustees, being parents of disabled children and users of our Servi￿S. already have a good
understsnding of the charity's work and the needs of our members and their children. An introduction and
welcome pack has been developed which includes Charity Commission pamphlets and guidance, and all new
Trustees receive copies of the 'Good Trustees Guide,. New Trustees have the benefit of 'support through
mentoring programme, from one of the existing trustees A skills audit questionnaire is in pla￿ to determine the
training and development needs of all new Trustees. Additionally, board members can avail themselves of
exiemal training course relevant to their roles as required and agreed.
Trustees hold an Annual review se5s￿n to look at their work against the Code of Governance and generate an
action plan for improvement and implementation.
Page 8

We Are Beams
(A company Ilmlted by guarantee)
Trustees. report (Contlnued)
For the year ended 31 March 2025
Structure, govemance and management (contlnued)
d. Pay policy for senior staff
The Trustees are mindful of the guidance of the NCVO and the Charity Commission in setting Pay grades for
all staff. The Charity currentjy has a Pay structure and grading system based on an evaluation of each job
description. There is a Pay Policy in place.
e. Organisational structure and decision-making
The Council of Management is responsible to members and other interested parties for the overall Governance
of the charity. As the charity is both a company limited by guarantee and a registered charity, members of the
Council of Management are both Directors and Charity Trustees. They seek to ensure that the charity operates
to fulfil the objectives set out in the Memorandum and in the Articles of Association and that due attention is
paid to charty law and other relevant legislation.
The role of th@ Council of Management is to establish the strategic direction of the charity, to provide
leadership, and to ensure that charitsble funds are properly utilised and safeguarded.
The day-ttrday operational management of the charity is delegated to the Head of Charity and through her to
the staff team. The Council of Management however, retains fomial responsibility for all policies, decisions and
actions of the charty.
The Council of Management now meets 8 times per year with additional sub groups operating as required. In
addition, the Council of Management held 2 Strategy meetings and a Governance Code Review day.
f. Risk management
The Trustees have assessed the major risks to which the company is exposed, in particular. those related to the
operations and finances of the company, and are satisfied that systems and prO￿dureS are in place to mitigate
our exposure to the major risks.
Plans for future periods
Future developments
The Head of Charity has continued to look at opportunities to develop the Short Breaks Service to offer Respite
Setvices specifically for 18-25 year olds. An evidence of need study has been completed. Premises in a
suitable location are being researched in discussion with KCC and propety development companies.ln addition
there is a potential to link with another Charity to offer both ovemight respite and a day care service for this age
group which is being developed.
A loan was taken out in May 2020 tr) support the Charty during COVID 19. The Charity ha5 now recovered to
its pre-COVID levels and better. The loan will be fully repaid by November 2025.
Infomiation on fundralslng practices
Fundraising undertaken by the Charity is under the management of the Income Generation and Development
Lead who is a member of the management team.
Fundraising activities are monitored by the Head of Charity alongside scrutiny from the Council of
Management. No complaints about fundraising activities have been received.
Page 9

We Are Beams
(A company limited by guarantee)
Trustees. report (continued)
Forthe year ended 31 March 2025
Statement of Trustees. responsibilities
The Trustees (who are also the directors of the Chanty for the purposes of company law) are responsible for
preparing the Truslees, report and the financial statements in accordance with applicable law and United
Kingdom Accounting Stsndards {United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the
Trustees musl not approve the financial statements unless they are satisfied that they give a true and fair view
of the state of affairs of the Group and the Charity and of their incoming resources and application of reSoUr￿s,
including their income and expenditure. for that period. In preparing these financial statements, the Trustees
are required to:
select suitable accounting policies and then appty them consistently"
obseDie the methods and principles of the Charities SORP (FRS 102)",
make judgements and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going con￿rn basis unless it is inappropriate to presume that th8
charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Group and the Charity's transactions and disclose with reasonable accuracy at any time the financial
position of the Group and 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 Group and the Charity and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Dlsclosure of inforniation to audltor
Each of the persons who are Trustees at the time when this Trustees, report is approved has confirmed that:
so far as that Trustee is aware, there is no relevant audit infomiation of which the charitable group's auditor
is unaware. and
that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any
rèlevant audit infomiation and to estsblish that the charitable group's auditor is aware of that information.
Auditor
The auditor, Kreston Reeves Audit LLP, has indicated his willingness to continue in office. The designated
Trustees will propose a motion reappointing the auditor at a meeting of the Trustees. The audit registration of
Kreston Reeves LLP was transferred to Kreston Reeves Audit LLP on 6 October 2025. Kreston Reeves Audit
LLP were formally appointed as auditor to the company on 6 October 2025.
Approved by order of the members of the board of Trustees and signed on their behalf by..
Mr Jason H Jarvls
Chair of Trustees
Date..
Page 10

We Are Beams
(A company limited by guarantee)
Independent auditor's report to the Members of We Are Beams
Opinion
We have audrted the financial statements of We Are Beams (the 'parent charitable company,) and its
subsidiaries (the 'group') for the year ended 31 March 2025 which comprise the Consolidated statement of
financial activities. the Consolidated balan￿ sheet. the Charity balan￿ sheet, the Consolidated statement of
cash flows and the related notes, induding a summary of significant accounts.ng policies. The financial reporling
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 Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the Group's and of the parent charitable company's affairs as at 31
March 2025 and of the Group's 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 Practi￿.,
and
have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act
2011.
Basls for opinion
We conducted our audit in accordance wilh International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities
for the audit of the financial statements section of our report. We are independent of the Group in accordance
with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom,
including the Financial Reporting Council's Ethical Standard. and we have fulfilled our other ethical
resFJonsibilities in accordance with these requirements. We believe that the audit evidence we have oblained is
sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concorn
In auditing the financial statements. we have concluded that the Trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the worf( we have performed, we have not identified any material uncertainties relating to events or
condrtions that, individually or collectively, may cast significant doubt on the Group's or the parent charitable
Company's ability to continue as a going concern for a period of at least ￿e1ve months from when the financial
ststements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees wilh respect to going concern are described in the
relevant sections of this report.
Page11

We Are Beams
{A company limlted by guarantse)
Independent audltorfs report to the Members of We Are Beams (continued)
Other infomiatlon
The other information comprises the information induded 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 infonnation and.
except to the extent otherwise explicitly stated in our report, we do not express any form of assuran
conclusion thereon. Our responsibility is to read the other information and, in doing so. consider whether the
other information is materially inconsistent with the financial statements or our knowledge obtained in the
course of the audit, or otheNiise appears to be materially misstated. If V￿ identify such material inconsistencies
or apparent material misstatements, we are required to determine whether this gives rise to a material
misstatement in the financial ststemenls themselves. If, based on the work 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.
Opinion on other matters prescribed by the Companies A￿ 2006
In our opinion, based on the work undertaken in the Course of the audit:
the information given in the Trustees. report for the financial year for which the financial statements are
prepared is consistent with the financial statements.
the Trustees, report has been prepared in accordance with applicable legal requirements.
Matters on which we are requlred to r•port by exception
In the light of our knowledge and understsnding of the charitable company and its environment obtained in the
course of the audit, we have not identified material misstatements in the Trustees, report.
We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires
us to report to you if, in our opinion..
the parent charitable company has not kept adequate and sufficient accounting records, or retums
adequate for our audit have not been re￿iVed from branches not visited by us. or
the parent charitsble company financial statements are not in agreement with the accounting records and
returns,. or
certain disclosures of Trustees, remuneration specified by law are not made., or
we have not received all the information and explanations we require for our audit., or
the Trustees were not entided to prepare the financial statements in accordance with the small companies
regime and take advantage of the small Companies. exemptions in preparing the Trustees, report and from
the requirement to prepare a Strategic report.
Responsibilities of trustees
As explained more fully in the Trustees. responsibilities statement. the Trustees (who are also the directors of
the charitable company for the pu￿OSe$ of company lawl are responsible for the preparation of the financial
statements and for being satisfied that they give a twe and fair view, and for such intemal control as the
Trustees detennine is necessary to enable the preparation of financial slatements that are free from material
misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the Group's and the parent
charitable company's ability to continue as a going concern, disclosing, as applicable. matters related to going
concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the
Group or the parent charitable company or to Cease operations, or have no realistic alternative but to do so.
Page 12

Wè Are Beams
(A Company Ilmlted by guarantee)
Independent audltorfs report to the Members of We Are Beams (continued)
Auditor's responslbllities for th• audlt of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error. and to issue an Auditor's report that includes our
opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in
accordan￿ with ISAS (UK) will always delect 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.
Irregularities. including fraud. are InStan￿S of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above. to detect material misstatements in resped of
irregularities. induding fraud. The extent to which our procedures are capable of detecting irregularities,
including fraud is detailed below..
Capability of the audit in detecting irregulan"ties, induding fraud
Based on our understanding of the Charity and the sector as a whole, and through discussion with the Trustees
and other management (as required by auditing stsndards). Y￿ identified that the principal risks of non-
compliance with laws and regulations related to Ofsted compliance, and Safeguarding. We considered the
extent to which non-compliance might have a material effect on the financial statements. We also considered
those laws and regulations that have a direct impact on the preparation of the financial statements such as the
Charities SORP, {FRS 102) Second Edition (released October 2019), the Companies Act 2006 and other
relevant charity legislation. We communicated identified laws and regulations throughout our team and
remained alert to any indications of non-compliance throughout the audit. We evaluated Twstees, and
management's incentives and opportunities for fraudulent manipulation of the financial 'statements (including
the risk of override of controls) and detennined that the principal risks related to posting inappropriate joumal
entries to increase revenue or reduce expenditure. Audit procedures performed by the engagement team
included:
Discussions with management and assessment of known or suspected instances of non-compliance with
laws and regulations (including health and safety) and fraud., and
Assessment of identified fraud risk factors; and
Challenging assumptions and judgements made by management in its significant accounting estimates.,
and
Performing analytical procedures to identify any unusual or unexpected relationships. including related
party transactions, that may indicate risks of material misstatement due to fraud,. and
Confirmation of related parties with management, and review of transactions throughout the period to
identify any previously undisclosed transactions with related patties outside the normal course of business.
and
Reading minutes of meetings of those charged with governance; and
Review of significant and unusual transactions: and
Identifying and testing journal entries. in particular any manual entries made at the year end for financial
statement preparation.
Page 13

We Are Beams
(A company limited by guarantee)
Independent auditorfs report to the Members of We Are Beams (continued)
As part of an audit in accordance wrth ISAS (UK). we exercise professional judgement and maintain
professional scepticism throughout the audit. We also:
Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or
error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is
sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material
misstatement resulting from fraud is higher than for one resulting from error. as fraud may involve
Collusion, forgery. intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an opinion of the effectiveness of
the charilable company's internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates
and related disclosures made by the Trustees.
Conclude on the appropriateness of the Twstees, use of the going concem basis of accounting and, based
on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that
may cast signfficant doubt on the charitable company's ability to continue as a going Concern. If we
conclude that a material Un￿rtaInty exists, we are required to draw attention in my Auditors report to the
related disclosures in the financial statements or. if such disclosures are inadequate, to modify our opinion.
Our conclusions are based on the audit evidence obtained up to the date of my Auditor's reFXIrt. H(wever,
future events or conditions may cause the charitable company to ￿aSe to continue as a going concem.
Evaluate the overall presentation. structure and content of the f5nancial ststements, including the
disclosures, and whethei the financial statements represent the underfying transactions and events in a
manner that achieves fair presentation.
Obtsin sufficient appropriate audit evidence regarding the financial infomiation of the entities or business
activities within the Group to express an opinion on the consolidated financial statements. We are
responsible for the direction. supervision and performance of the Group audiL We remain solely
responsible for our audit opinion.
We communicate with those charged with gov8rnance regarding, among other matters, the planned scope and
timing of the audit and significant audit findings, including any significant deficiencies in intemal control that we
identify during our audit.
Page 14

We Are Beams
(A company limfted by guarantee
Independent audltorfs report to the Members of We Are Beams (continued)
Use of our report
This report is made solely to the charitable compantys mefflbers, as a body, in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. and to the charitable company's trustees, as a body. Part 4 of the Charities
(Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that VR 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 permitted by law, do not accept or assume responsibility to anyone other
than the charitable company and its members, as a body, for our audit work. for this report or for the opinions
we have formed.
Samantha Rouse FCCA DChA (Senlor statutory auditor
for and on behalf of
Kreston Reeves Audit LLP
Chartered Accountsnts
Statutory Auditor
Chatham Maritime
Date:
Page 15

We Are Beams
(A company limited by guarantee>
Consolidated Statement of financial actlvities (incorporating income and expendlturo account>
For the year ended 31 March 2025
Unrestrlctsd
funds
2025
Restricted
funds
2025
Total
funds
2025
Total
funds
2024
Note
Income from:
Donations and legacies
Charitable activities
Other trading activities
Investments
264,322
1.012,410
209,484
32,874
10,603
950,365
274.925
1,962.775
209,484
32,874
239,202
1,695,465
186,473
3,926
Total income
1,519,090
960,968
2,480,058
2,125,066
Expènditure on:
Raising funds
Charitable activities
88,325
1,399,303
88,325
2,218,811
22,318
2,147,141
819,508
Total expendlture
1,487,628
819.508
2,307,136
2,169,459
Net incomel(expendlturo> before
taxation
Taxation
31,462
(10,754)
141.460
172,922
(10,754)
(44,393)
(22,892)
12
Net Incomel(expfrnditure) after
taxatlon
Transfers be￿een funds
20,708
1143,847)
141,460
143.847
162.168
(67,285)
18
Net movement in funds
(123,139)
285.307
162,168
(67,285)
Reconciliation of funds:
Total funds brought forward
Net movement in funds
330,116
{123,139)
240,255
285,307
570,371
162,168
637,656
{67,285)
Total funds carried forward
206.977
625,562
732,539
570,371
Page 16

W• Are Beams
(A company limited by guarantee)
Registered number: 03179785
Consolidated balance sheet
As at 31 March 2025
2025
2024
Note
Fixed assets
Tangible assets
13
103.353
86,377
103.353
86,377
Current assets
Debtors
Cash at bank and in hand
15
159,115
3,442,679
142,901
2.530,919
3.601,794
2,673,820
Current liabilities
Creditors: amounts falling due within one
year
16
(2.972.608)
(2,180,843)
Net current assets
629,186
492,977
Total assets less current liabilities
732,539
579,354
Creditors: amounts falling due after more
than one year
17
(8,983)
Total net a56ets
732.539
570,371
Charfty funds
Restricted funds
Unrestricted funds
18
18
525,562
206,977
240,255
330,116
Total funds
732,539
570,371
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities Subject to
the small companies regime.
The financial ststements were approved and authorised for issue by the Trustees and signed on their behalf by:
Jarvls
(Chair of Trustees)
Date..
The notes on pages 20 to 42 form part of these financial statements.
Page 17

We Are Beams
{A company limited by guarantee)
Registered number: 03179785
Charity balance sheet
As at 31 March 2025
2025
2024
Note
Flxed assets
Tangible assets
Investments
13
14
103,353
100
88,377
100
103.453
86,477
Current assets
Debtors
Cash at bank and in hand
15
137,539
3.029,660
155,478
2.181,216
3.167,199
2,336,694
Current liabilities
Creditors.. amounts falling due within one
year
16
(2.970.053>
(2.163.462)
Net curr•nt assets
197,146
173,232
Totsl assets less current Ilabilities
300.599
259,709
Creditors: amounts falling due after more
than one year
17
(8,983)
Total not assets
300,599
250,726
Charity funds
Restricted funds
Unrestricted funds
18
18
240,265
fAI.344
240,255
10,471
Total funds
300,599
250.726
The Charty's net movement in funds for the year was £49.873 (2024 - £(386.930)).
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and preparation of financial ststements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
Chair of Trustees
Date..
The notes on pages 20 to 42 form part of these financial statements.
Page 18

We Are Beams
(A company limited by guaranlee)
Consolidated statement of cash flows
For the year ended 31 March 2025
2025
2024
Cash flows from operating aetlvltles
Net cash used in operating activities
953,076
242,173
Cash flows from investing activities
Dividends. interests and rents from investments
Purchase of tangible fixed assets
32,874
{58,7901
3,926
(42,054)
Net cash used In investing activities
{25,9161
(38.128)
Cash flows from financing a¢tivities
Repayments of borrowing
(15,400)
{15,400)
Net cash used in financlng actlvities
(15,400)
<15,400)
Change in cash and cash equlvalents in the year
Cash and cash equivalenls at the beginning of the year
911,760
188,645
2,530,919
2,342,274
Cash and cash equlvalents at the end of the year
3,442,679
2,530,919
The notes on pages 20 to 42 form part of these financial stalernents
Page 19

We Are Beams
(A company limited by guarantee)
Notos to the financial statements
For the yoar ended 31 March 2025
General inforniation
We Are Beams is a charity and company limited by guarantee incorporated in England. The company's
registered office is Allsworth Court. 40 St David's Road. Hextable, Kent, BR8 7RJ. The principal activity
the company is to provide comprehensive support services and projects that will directly benefit and
assist
families raising a disabled child.
Arxounting pollcles
2.1 Basls of pr•paration of Ilnancial statements
The financial statements have been prepared in accord8nts with the Charities SORP (FRS 102) -
Accounting and Reporting by Charities. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102} (effective 1 January 2019). the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
We Are Beams rn￿ts the definition of a publi¢ benefit entty under FRS 102. Assets and liabilities
are initially recognised at historical cost or transaction value unless otherwise stated in the relevant
accounting policy.
The Consolidated ststement of financial aclivities {SOFA) and Consolidated balance sheet
consolidate the financial statements of the Charity and its subsidiary undertaking. The results of the
subsidiary are consolidated on a line by line basis.
The Charity has taken advantage of the exemption allowed under section 408 of the Companies Act
2006 and has not presented its own Statement of financial activities in these financial statements.
Page 20

We Are Beams
(A company limited by guarantee)
Notes to the financial statements
For the year ended 31 March 2025
Accounting policie5 (continued)
2.2 Income
All income is reGognised once the Charity has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probability of
receipt and the ability to estimate with suffi'cient accuracy the amount receivable. Evidence of
entitlement to a legacy exists when the Charty has sufficient evidence that a gift has been left to
them (through knowledge of the existence of a valid will and the death of the benefactor} and the
executor is satisfied that the property in question will not be required to satisfy claims in the estate.
Receipt of a legacy must be recognised when it is probable that it will be received and the fair value
of the amount receivable, which will generally be the expected cash amount to be distributed to the
Charity, can be reliably measured.
Grants are included in the Consolidated statement of financial activities on a r￿1Vable basis. The
balan￿ of income received for specific purposes but not expended during the period is shown in the
relevant funds on the Balance sheet. Where income is re￿iVed in advance of entitlement of
receipt. its recognition is deferred and included in creditors as deferred income. Where entitleTnent
occurs before income is received. the income is accrued.
Where the donated good is a fixed asset, it is measured at fair value, unless it is impractical to
measure this reliably, in which case the cost of the item to the donor should be used. The gain is
recognised as income from donations and a corresponding amount is included in the appropriate
fixed asset class and depreciated over the useful economic life in accordance with the Charity's
accounting policies.
Page 21

We Are Beams
(A company limlted by guarantse)
Notes to the financlal slatements
For the year ended 31 March 2025
Accountlng pollcles (continued)
2.2 Income (continued)
On receipt, donated professional services and facilities are recognised on the basis of the value of
the gift to the Charity which is the amount it would have been willing to pay to obtain services or
facilities of equivalent e¢onomi¢ benefit on the open market; a corresponding amount is then
recognised in expenditure in the period of re￿ipt.
Income tax recoverable in relation to donations received under Gift Aid or deeds of Covenant is
recognised at the time of the donation.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
Other income is recognised in the period in whtch tt is receivable and to the extent the goods have
been provided or on completion of the service.
2.3 Expendlture
Expenditure is recognised once there is a legal or constructive obligation to transfer economic
benefit to a third party, it is probable that a transfer of economic benefrts will be required in
settlement and the amount of the obligation can be measured reliably. Expenditure is classified by
activity. The costs of each activity are made up of the total of direct costs and shared costs,
including support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity
and support Costs which are not attributable to a single activity are apportioned be￿een those
activities on a basis consistent with the use of reSoUr￿s. Central staff costs are allocated on the
basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Group's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.4 Interest receivable
Interest on funds held on deposit is included when receivable and the amunt can be measured
reliably by the Company- this is normally upon notification of the interest paid or payable by the
institution with whom the funds are deposited.
2.5 Taxation
The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act
2010 and therefore it meets the defin¢tion of a charitsble company for UK corporation tax purposes.
Accordingly, the Charity is potentially exempt from tsxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the 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 exclusively to charitable purposes.
Page 22

We Are Beams
{A company limited by guarantee)
Notes to the financial statements
For the year ended 31 March 2025
Accounting policies {contlnued)
2.6 Tangible fixed assets and depreciatlon
Tangible fixed assets costing £1.000 or more are capitalised and recognised when future economic
benefits are probable and the cost or value of the asset can tE measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model,
tangible fixed assets are measured at cost less accumulated depreciation and any accumulated
impairmenl losses. All costs incurred to bring a tangible fixed asset into its intended working
condition should be included in the measurement of cost.
At each reporting date the Charity assesses whether there is any indication of impaim)ent. If such
indication exists, the recoverable amount of the asset is determined to be the higher of its fair value
less costs to sell and its value in use. An impairment loss is recognised where the carrying amount
exceeds the recoverable amount.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following bases:
Short-temi leasehold property
Motor vehicles
Fixtures and fittings
Equipment
Computer equipment
250/0 per annum
25 /0 per annum
33°/0 per annum
50/0 per annum
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount
and are recognised in the Consolidated statement of financial activities.
2.7 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their
transaction cost and subsequently measured at fair value at the Balance sheet date, unless the
value cannot be measured reliably in which case it is measured at cost less impairment. Investment
gains and losses, whether realised or unrealised. are combined and presented as 'Gainsl(Losses) on
investments, in the Consolidated statement of financial activities.
Investments in subsidiaries are valued at cost less provision for impairment.
2.8 Debtors
Trade and other debtors are recognised at the settlement amount after any trad8 discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.9 Cash at bank and in hand
Cash at bank and in hand includes cash and short-temi highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
account.
Page 23

We Are Beams
(A company Ilmlted by guarantse
Notes to the flnanclal statements
For the year ended 31 March 2025
Accountlng pollcles (contlnued)
2.10 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the
amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or
the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation.
Where the effect of the time value of money is material, the provision is based on the present value
of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the
liability- The unwinding of the discount is recognised in the Consolidated statement of financial
activities as a finance cost.
2.11 Flnanclal Instruments
The Group only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and
subsequently measured at their settlement value with the exception of bank loans which are
subsequently measured at amortised cost using the effective interest method.
2.12 Opèrating leases
Rentals paid under operating leases are charged to the Consolidated ststement of financial
activities on a straight-line basis over the lease term.
2.13 Penslons
The company operates a defined contribution pension scheme and the pension charge represents
the amounts payable by the Group to the fund in respect of the year.
2.14 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Group and which have not been designated for other
purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for
particular purposes. The aim and use of each designated fund is set out in the notes to the financial
statements.
Restricted funds are funds which are to be used in accordance with specrfic restrictions imposed by
donors or which have been raised by the Group for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Page 24

We Are Beams
(A company limited by guarant88)
Notes to the financial statements
For the year ended 31 March 2025
Critical accountlng estimates and areas of judgement
Estimates and judgements are continually evaluated and are based on historical experience and other
factors, including expectations of future events that are believed to be reasonable under the
circumstances. The Charity does not currently have any significant accounting estimates or areas of
judgement.
Critical accounting estimates and assumptions:
The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates
and assumptions will. by definits"on, seldom equal the related actual results. The estimates and
assumptions that have 8 signrficant risk of causing a material adjustrnent to the carrying amounts of
assets and liabilities within the next financial year are discussed below.
Page 25

W• Are Beams
(A company limited by guarantee)
Notes to the financlal ststements
For the year ended 31 March 2025
Income from donations and legacies
Unrestrfcted Restricted
funds
funds
2025
2025
Total
funds
2025
Total
funds
2024
Donations
Gift Aid
Legacies
232,082
32,240
10,435
168
242.517
32.408
213,631
24,571
1,000
264,322
10,603
274,925
239,202
Total 2024
212,039
27,163
239,202
Income from charitable activities
Unrestricted Restricted
funds
funds
2025
2025
Total
funds
2025
Total
funds
2024
Support, advice and respite services -
Children
Trading activities
991,023
21,387
950,365
1,941,388
21,387
1,875,711
19.754
1,012,410
950,365
1,962,775
1,695,465
Total 2024
823,103
872,362
1,695.465
Page 26

W• Are Beams
(A company limlted by guarante0}
Notes to the financial statements
For the year ended 31 March 202S
Income from other trading activities
Income from non Charltable trading aetfvitles
Unrestrlcted
funds
2025
Total
fund8
2025
Total
funds
2024
Managed payroll services
Other income
Beams Payroll Services Limited
147,950
7,341
31,182
209,484
209,484
209,484
209,484
186,473
Total 2024
186,473
186,473
Investment income
Unrestricted
funds
2025
Total
funds
2025
Totsl
funds
2024
Bank interest
32,874
32,874
3,926
Total 2024
3,926
3,926
Page 27

We Are Beams
(A company limited by guarantee)
Notes to the financlal statements
For the year ended 31 March 2025
Analysis of expenditure by activities
Activities
undertaken
directly
2025
Support
costs
2025
Total
funds
2025
Total
funds
2024
Support, advice and respite services-
Children
Trading activities
1,810,545
82,521
296.000
29,745
2,106,545
112,266
2.089,079
58,062
Total 2025
1,893,066
325,745
2,218,811
2.147,141
Analysls of direct costs
Total
funds
2026
Total
funds
2024
Staff costs
Activity and project costs
Training costs
Motor and travel costs
1,760,997
100,421
17,461
14,187
1,698,706
89,158
9,491
20,608
Total 2025
1.893,066
1,817,963
Page 28

We Are Beams
{A company limited by guarantoe)
Not•s to the flnancial statements
For the year ended 31 March 2025
Analysis of expenditure by activities {continued)
Analysls of support costs
Total
funds
2025
Total
funds
2024
Depreciation
Loan interest costs
Computer costs
Rent & rates
Insurance costs
Light & heat costs
Telephone costs
Printing, postage & stationery costs
Sundry costs
Health & safety Costs
Subscription costs
Minibus Costs
DBS checks
Advertising costs
Repairs & renewals costs
Equipment hire
Professional fe8S
Charity Functions
Governance costs
41,814
3,850
45,101
46,637
10,161
22,136
26,301
9,468
30
216
1,347
11.926
21,514
16,148
9,641
3,149
30.280
660
25,366
28,094
3,850
45,327
49,014
8,991
32,414
25,547
11,403
828
1,900
1,345
10,419
15,779
20,848
18,522
4,195
26,841
580
23,281
Total 2025
325.745
329,178
Auditorfs remuneration
2025
2024
Fees payable to the Charty's auditor for the audit of the Charty's annual
accounts
8,925
8,500
Page 29

We Are Beams
{A company limited by guarantee)
Notes to the flnancial statements
Forthe year endèd 31 March 2025
10.
Staff costs
Group
2025
Group
2024
Charity
2026
Charity
2024
Wages and salaries
Social securty costs
Contribution to defined contribution pension
schemes
1,676.034
127,391
1,554,121
121,882
1,600,224
122,264
1,537,645
120,850
40,093
40.518
38,509
40,211
1,843,S18
1,716,521
1,760,997
1,698,706
The average number of persons employed by the Charity during the year was as follow3..
Group
2025
No.
Group
2024
Employees
106
107
The average headcount expressed as full-time equivalents was..
Group
2025
No.
Group
2024
No.
Charity
2025
No.
Charity
2024
No.
50
39
39
The number of employees whose employee benefits (excluding employer pension costs) exceeded
£60,000 was:
Group
2025
Group
2024
No.
In the band £70,001- £80,000
The total amount of employee benefits (including employefs national insurance contributions and
employerfs pension contributions) received by the key management personnel for their services to the
charity was £510,231 {2024: £489,160).
11. Trustges. remuneratlon and expenses
During the year, no Trustees received any remuneration or other benefrts (2024 - £NIL).
During the year ended 31 March 2025, expenses totalling £729 were reimbursed or paid directty to 10
Trustee (2024 - £456 to 8 Trustees). The balance outstanding at the year end totals £nil (2024.. £456).
Page 30

We Are Beams
(A company limited by guarantee)
Notes to the financial statements
For the year ended 31 March 2025
12. Taxation
2025
2024
Corporation tax
Current tax on net incomel(expenditure) for the year
Adjustments in respect of previous periods
15,551
7,341
10,754
Taxation on net incomel(expenditure)
10,754
22,892
During the year the charity reported trading profits of £209,484 {2024: £65,551) which are chargeable to
corporation tax, as shown in the note above. The charty's trading subsidiary, Beams Payroll SeNices
Limited was incorporated on 20 December 2023 and from this date distributes, under Gift Aid, the
available profits to the parent charity.
There are no factors considered likely to affect future tax charges.
13. Tangible fixed assets
Group
Short-term
leasehold
property
Equipment
and
computers
Motor
vehicles
Equipment
Total
Cost or valuation
At 1 April 2024
Additions
6.250
106,423
58,790
26,322
216,452
355,447
58,790
At 31 March 2025
6,250
165.213
26,322
216,452
414,237
Depreciation
At 1 April 2024
Charge for the year
6.250
98N50
16.547
25.832
138,538
24,778
269,070
41,814
At 31 March 2025
6,250
114.997
26,321
163,316
310,884
Net book value
At 31 March 2025
50,216
53.136
103,353
At 31 March 2024
7.973
490
77,914
86,377
Page 31

We Are Beams
{A company limited by guarantee)
Notes to the flnancial statements
For the year endèd 31 March 2025
13. Tangible fixed assets (continued)
Charity
Short-tenn
leasehold
property
Motor Fixtures and
vehlcles
fittings
Computer
equipment
Total
Cost or valuation
At 1 April 2024
Additions
6.250
106A23
58.790
26.322
216,452
355,447
58,790
At 31 March 2025
6,250
165.213
26,322
216,452
414,237
Depreciation
At 1 April 2024
Charge for the year
6.250
98.450
16.547
25,832
489
138,538
24,778
269.070
41.814
At 31 March 2025
6,250
114,997
26,321
163,316
310,884
N•t book value
At 31 March 2025
50.216
S3,136
103,353
At 31 March 2024
7.973
490
77,914
86,377
14. Fixed asset investments
Investments
In
subsidlary
companies
Charity
Cost or valuatlon
At 1 April 2024
100
At 31 March 2025
100
Net book value
At 31 March 2025
100
At 31 March 2024
100
Page 32

We Are Beams
(A company limited by guarantee)
Notes to the financial statements
Forthe year ended 31 March 2025
Prlnclpal subsidiarios
The following was a subsidiary undertaking of the Charity:
Name
Company
number
Roglstered office or princlpal Prfnclpal activty
place of buslness
Beams Payroll SeNices Ltd
15363977
Allsworth Court, 3840 St David's Managed payroll
Road, Hextable, Swanley, Kent serVI￿S
BR8 7RJ
Class of Holding
shares
Included In
con801idatlon
Ordinary
1001 Yes
The financial results of the subsidiary for the year were..
Name
Income Expendlture
Profitl(Loss
>1 Surplusl
(Deficit) for
the year
Net assets
Beams Payroll Services Ltd
209.484
{88.325)
121,159
432,040
15. Debtors
Group
202S
Group
2024
Charity
2025
Charity
2024
Due within one year
Trade debtors
Amounts owed by group undertakings
Other debtors
Prepayments and accrued income
131,359
105,360
110,008
85.510
39,985
11.846
18,137
11,148
16,608
19,240
18,301
11,096
16,436
169,115
142,901
137,539
155,478
16. Creditors: Amounts falling due within on• yoar
Group
2025
Group
2024
Charity
2025
Charity
2024
Other loans
Trade creditors
Amounts owed to group undertakings
8,983
34,101
15,400
12,432
8.983
24,899
17,554
15,400
12,078
Page 33

We Are Beams
(A company limited by guarantse
Notes to the tinanclal statements
For the year ended 31 March 2025
16. Credttors: Amounts falling due within one year (contlnued)
Group
2025
Group
2024
Charity
2025
Charity
2024
Corporation tax
Other taxation and social security
Other creditors
Accruals and deferred income
15,551
33,673
2.049,208
54,579
15,551
27,575
2,049,208
43,650
39.669
2,834.839
55.016
31,542
2,834.839
62,236
2,972,608
2,180,843
2,970,053
2,163,462
Within other creditors the company held £2,834,439 {2024 - £2,043,414} on behalf of their clients as
part of the managed payroll 5ervio.
17. Creditord: Amounts falling due after more than one y•ar
Group
2025
Group
2024
Charity
2025
Charity
2024
Other loans
8,983
8,983
The above relates to a £77,000 loan from Kent Community Foundation drawn down in November 2020
and repayable over a 5 year term, with an interest rate of 5¥0 charged at the time of drawing down the
loan.
Page 34

We Are Beams
{A company limited by guaranta8)
Notes to the financial statements
For the year ended 31 March 2025
18. Statement of funds
Statement of funds - current year
Balance at
31 March
2025
Balance at 1
Aprll 2024
Transfers
inlout
Income Expendlturo
Unrestrlcted funds
Designated funds
Beams family support
Contingency
750
124.207
(3.620)
3.620
750
124,207
124,957
(3.620)
3.620
124,957
General funds
General Funds
Legacy income
Beams Payroll Services
181,877
14,418
8,864
1.519,090 11,494,762) (124,185)
{14,418)
(8,864)
82.020
205.159
1.519,090 (1N94,762) {147,467)
82,020
Total Unre8trlcted funds
330.116
1,519,090 (1,498,382> {143,847)
206,977
Restricted funds
DP Main contract
Beamers Restricted
Fixed asset fund
Family advice
Individual child grants
Fundraising special projects
Little buddies
Garden Project
Kidscamp
Family Events
Buzz Club
Grants restricted
Fundraising restricted grants
Fundraising restricted
Big Lottery fund
40.000
530,746
1477,301)
(16.047)
{26.999)
(207,429)
(350)
(91,445>
16,047
58,790
206.488
3SO
2,000
56,966
88.757
941
80,562
8,969
28.758
25,000
80,562
8.204
(10,370)
9,605
{28,758)
170,032)
<7,109)
{3,871)
{45,032
7,109
3,871
(38,210)
264,794
75.660
9,775
79.052
226,584
75,660
9,775
79,052
240,255
960,968
(819,508>
143.847
525,562
Page 35

We Are Beams
IA company limlted by guarantee)
Notes to the flnanclal statements
For the year ended 31 March 2025
18. Statem•nt of funds {contlnued)
Total of funds
570,371
2.480.058 (2,317,890)
732.539
DP main contract is funding received from the Direct Payments contract with Kent County Council.
Beamers funding relates to Beamers school holidays club for activity days.
Family advice is income that has been received to run the family advice service.
Fundraising special projects relates to large projects being undertaken where fundraising campaigns
have been run.
Little buddies is funding received for the Little Buddies support group.
Garden project relates to the Plant a Smile campaign, the balance of which was spent during the year
on maintenance costs.
Kidscamp is funding received relating to the Kidscamp holiday specialist playscheme.
Family events is funding received to run various family events throughout the year.
Buzz club is funding received for the holiday club run for 18-25 year olds.
Beams Family Support is funds to provide crisis support to a family in need.
Contingency is for in year unforeseen expenditure or to support cash flow, that is not part of the formal
charity reserves.
Restricted Grants are grants for specific projects or services only . This funding must be held over for
the following financial year depending on when the funding is re￿ived.
Page 36

We Are Beams
(A company Ilmlted by guarantee)
Notes to the flnanclal statements
For the year ended 31 March 2025
18. Statement of funds (Continued)
statement of funds- prior year
Balance at
31 March
2024
Balance at
1 April 2023
Transfers
inlout
Income Expenditure
Unrestricted funds
Beams family support
Contingency
Kids¢amp
750
124,207
750
124,207
34.709
39
(34,709)
37
{76}
124,957
34,748
{76)
{34,672)
124,957
General funds
General Funds
Legacy income
Beams Payroll Services
242.300
14,418
1,158,611 (1,273,311)
1,000
31,182
54,277
(1.000)
181.877
14,418
8,864
<22,318)
256.718
1,190,793 (1,295,629)
53,277
205,159
Totsl Unrestrictod funds
381,675
1,225,541 (1,295,705)
18,605
330,116
Restricted funds
DP Main contract
Beamers Restricted
Fixed asset fund
Family advice
Individual child grants
Fundraising special projects
Little buddies
Support brokerage service
Garden Project
After School Clubs
Kidscamp
Dragon's Projects
Family Events
Buzz Club
36,035
551,041
(527,353)
(36,326)
(19,723)
36,326
40,000
56,966
56,966
200
1,099
347,185
<227,434)
(3,410)
227,234
2,311
(345,955)
79,332
9.890
45,000
28,758
80,562
8,969
(9211
{45,000}
28,758
(3,138>
(61,311>
(73)
{18,877)
(17,803)
3,138
88,311
73
18,877
17,803
25,000
255,981
899,525
{896,646)
(18,605)
240,255
Page 37

We Ar• Beams
(A company limited by guarantee)
Notes to the financial statements
For the year ended 31 March 2025
18. Statement of funds (contlnued)
Total of funds
637,656
2,125,066 (2,192,351)
570,371
Page 38

We Are Beams
(A company limited by guarantee)
Notes to the financial statements
For the year ended 31 March 2025
19. Summary of funds
Summary of funds- current year
Balance at
31 March
2025
Balance at I
April 2024
Transfe
inlout
Income Expenditure
Designated funds
General funds
Restricted funds
124,957
205,159
240,255
13,620)
3,620
1,519,090 (1A94,762) (147,467)
960.968
(819,508)
143,847
124,957
82,020
525,562
570,371
2,480,058 (2.317,8901
732,539
Summary of funds - prior year
Balance at
31 March
2024
Balan￿ at
1 April 2023
Transfers
inlout
Income Expenditure
Designated funds
General funds
Restricted funds
124,957
256.718
255,981
34,748
{761
1,190,793 (1,295,629)
899.525
{896,6461
(34,672)
53,277
(18,605)
124,957
205,159
240,255
637,656
2.125,066 (2.192,351}
570,371
20. Analysis of net assets between funds
Analysis of net assets between funds - current year
Unre8trlcted Restricted
funds
funds
2025
2025
Total
funds
2025
Tangible fixed assets
Currenl assets
Creditors due within one year
103,353
3,076,232
(2,972,608)
103,353
3,601,794
(2.972,608)
525,562
Total
206,977
525,562
732.539
Page 39

We Are Beams
{A company limited by guarantea)
Notes to the financial statements
Forthe year ended 31 March 2025
20. Analysis of net assets between funds (continued>
Analysis of net assets between funds - prior year
Unrestricted
fund5
2024
Restricted
funds
2024
Total
funds
2024
Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
86,377
86,377
476,528
2,197,292
2,673,820
(137,429) (2,043,414) (2,180.843)
(8,983)
(8,983)
Total
330,116
240,255
570,371
21. Reconciliation of net movement in funds to net cash flow from operating activities
Group
202S
Group
2024
Net incomelexpenditure for the year (as per Statement of Financial
Activities)
162,168
(67,285)
Adjustments for:
Depreciation charges
Dividends, interests and rents from investments
Corporation tax charge
Increase in debtors
Increase in creditors
Corporation tax repaid
41,814
{32.874)
28,094
{3,926)
15,551
(40,055}
309,794
{16.214)
813.733
{15,551)
Net cash provided by operating activities
953,076
242,173
22. Analy818 of cash and cash equivalents
Group
2025
Group
2024
Cash in hand
3,442,679
2.530,919
Total cash and cash equivalents
3,442,679
2,530,919
Page 40

W• Are Beams
(A company limited by guarantee)
Notes to the financial statements
Forthe year ended 31 March 2025
23. Analysls of changes in net debt
At 1 Aprll
2024 Cash flows
At 31 March
2025
Cash at bank and in hand
Debt due within 1 year
Debt due after 1 year
2.530.919
(15,400)
18,983)
911.760
6.417
8.983
3.442,679
{8.983)
2.506.$36
927,160
3.433,696
Pen8lon commitments
The Charity operates a defined contribution pension scheme for its employees. The amount recognised
as an expense in the year was £40,093 (2024 £41,342). There were no outstanding pension
contributions at the balance sheet date {2024- £Nil). This is recognised within unrestricted funds.
25. Operating lease commltments
At 31 March 2025 the Group and the Charity had commitments to make future minimum lease
payments under non-cancellable operating leases as follows..
Group
2025
Group
2024
Charity
2025
Charity
2024
Not later than 1 year
Later than 1 year and not later than 5 years
Later than 5 years
44.971
180,854
179,046
41.976
180,854
268.568
44,971
179,046
179,046
41,976
180,854
268.568
404,871
491,398
403,063
491,398
Page 41

Wè Are Beams
(A company limlted by guarantee)
Notes to the flnanclal statements
For the year ended 31 March 2025
26. Rolated party transactions
During the year Mr R Adams, Mr D Adams, Mrs J Adams and Mr J Adams, family members of Mrs K
Adams, Head of Charity of We Are Beams, were employed by the Charity.
During the year P Hatcher, the sister of T Woods, a member of key management personnel of the
charity, was employed by the Charity.
During the year A Brinkman, the daughter of C Brinkman, a member of key management personnel of
the charity, was employed by the Charty.
All of these people were employed in roles to further the Charity's objectives and have line managers
separate from their family member. Pay reviews for these individuals are conducted separately from
those that involve Mrs K Adams, ensuring that these are independent and free from bias.
During the year the charity entered into a transaction with Dartford Healthy Living Centre. an
organisation in which one of the charity's trustees is also a director. The transaction was conducted on
nomial commercial terms and at arm's length. The trustee did not participate in any decision-making
process relating to this transadion.
Post balance Sheet events
From 1 April 2025, We Are Beams no longer hold the Kent County Council contract to support 1100
parents with a disabled child living in Kent with their Direct Payments.
28. Controlling party
We are Beams is the ultimate controlling paty with 1 OOOA control of Beams Payroll Services.
Page 42