Page-1 Company no.. 03169578 Charity no.. 1056508 POSTSCRIPT 360 LIMITED TRUSTEES AND DIRECTORS REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 CharSty no: 1066508 Company no.. 03169578 (England and Wales)
Page-2 Company no.. 03169578 Charity no.. 1056508 POSTSCRIPT 360 LIMITED ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Contents Page Twslees, Report 3-14 Independent Examinefs Report 15 staternent of Financial Activities 16 Balance Sheet 17 Statement of Cash Flows 18 Notes lo the Financial Slatements 19-24
Page-3 Company no.. 03169578 Charity no.. 1056508 POSTSCRIPT 360 LIMITED ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Trustees Re ort 1st A ril 2024 to 31st March 2025 The Trustees present their annual report and financial slatements for the year ended 31 March 2025 which are also prepared to meet the requirements for a d1CtOrS, report and accounts for Companies Act purposes. The financial statements have been prepared in accordance with the accounting policies set out in note 110 the accounts and comply with the Charities Acl 2022, the Companies Act 2006, and Accounting and Reporting by Charities.. Statement of Recommended Practlce applicable to chartties preparing their accounts in accordance with the Financial Reportlng Standards applicable in the UK and Republic of Ireland published on 16 July 2014. Ob ectives and Actlvities for tbe ublic benefl Aims an Pu oses PostScrip1360 provides comprehensive support to peoplewilhdrawing safely from prescriplion drugs of dependence, including benzodiazepines (tranquillisersl. Z drugs (sleeping tablets), opiate-based painkillers and similar substances, whether prescribed, misused, or purchased illicitly. We create a safe. supportive and nonjudgmental environment that empower5 our clients IseNice users) to taper off drugs of dependence while addressing the underlying causes and removing sligma associated with it. PostScrip1360 provides a wrap-around service consisting of one-to-one support, group sessions, Therapy 300, online service and a telephone support sery1. We share our knowledge with health professionals in our field. promote prevenllon awareness, awareness of current situatlons and support people through advocacy. Our purposes are.. To assist people through our wraparound seNice of one-to-one support, telephone and online servi, group sessions, Therapy 300 and our volunteer led 360 Clubs. Our aim is to support people to overcome their prescriptlon drug dependence of benzodlazepines, Z drugs. Gabapentinoids and painkillers. To grow our therapy groups in our communllies, empowering clients lo make better choices around their menlal health and overall well-being. Reduce the number of people misusing and developing a dependency to prescription drugs through prevention, awareness and education. Advocacy Service= Ilaise on behalf of clients, build bridges with their GPS and other health care seNices lo develop better understandlng and improved outcomes for our clients, wellbeing. To share our knowledge with health professionals who come into direct ntact with those who use prescription drugs of dependence. Why we are needed Prescription dnjg dependency affects 3.9 million people in the UK (Public Health England, 202011 These figures do nol account for people purchasing prescription drugs through unofflcial sources. Suddenly stopping benzodiazepines, Z4rug8, Gabapentsnoids, or painkillers can trigger severe withdrawal symptoms, including seizures and in some cases fatal consequences. Safely tapering off these medicalions is a complex prOsS that can take anywhere from five months to two years. Many people reach out to our service after exp8riencing a distressing or even dangerous withdrawal attempt. others have faced misinfornation, stigma, and systemic barriers that have left them without the support they need. Our goal is lo provide expert guidance and compassionate support lo safely withdraw from prescrtplion drugs of dependency. Initially, benzodiazepines help relieve anxiety, promote relaxation, and improve sleep {NICE recommends that benzodSazepines are not offered for generalised anxiety disorder (GAD) in primary or secondary care except as a short-lemi (2-3 weeks) measure during crises. Continued use of these drugs builds tolerance, requiring higher doses to achieve the same initial effects. Over Ilme, this can lead to dependence. This also applies to Z-Dfugs {e.g. zopiclone, zolpidem) NICE guidance recommends that hypnotic dDJg therapy 1$ conSided appropdate for the management of severe insomnia interfering with nomial daily life, after consideration of non-dDJg measures. Hypnotics should be prescribed for short periods of time only, in slrict accordano with their Ilcensed indications. 1 htl s.'Ilassets. ublishin .service. ov.uklmedia15fc658398fa8f5474¢8001491PHE PMR re ort Dec2020. df
Page-4 Company no.. 03169578 Charity no: 1056508 POSTSCRIPT 360 LIMITED ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Fake phamiacies online are big business and there are growing concerns around them due lo people believing these drugs are safer than street drugs. Those struggling with anxiety, insomnia, and stress often turn to online sour8 to buy medication, others may use them to come down from a 'high' of other illicit drugs, mixing these drugs can lead lo seizures, respiratory depression, coma and death. Fake online phamiacies exploit this vulnerability. on they have a buyer's contact details, they aggressively market stronger pills, unlicensed medlcations and drugs nol available through the NHS. Every week, new counterfeil phamiacies emerge preying on those in desperale need of help. Although purchasing prescription drugs without a prescription is i118gal, dealers exploit legal loopholes. The raw ingredients used to manufacture thes8 substances can be legally obtained, but once combined into a Class C drug, selling them becomes a criminal act. Undèrstandlng our communlty Dlscontinuing a prescription dnjg of depandence that was once vital dudng an acute mental health crisis is a complex and slow prO8s. These medications create both physical and psychological dependence, yet many people are unaware of the long-lemi risks until they ty to stop. As tolerance builds, withdrawal symptoms reveal the true extent of thai dependence. Ihdrawal can be intensely distressing, bringing fear, tremors, nausea, insomnia, depression, and acute anxiety. Many people feel ashamed of Iheir reliance on drugs and some find the process so overwhelming they cannot stop. While doctors may attempt lo reduce prescripllons, tapering is often too rapid and with limited understanding of the level of support required. Many of those we help were initially prescribed these medic21ions by their doctors, but when prescrlplions were dlsconlinued, they lum to other sources. Even those who sllll have prescriptlons often supplementlheir supply elsewhere to manage withdrawal Symptoms caused by tolerance. Each cllent that receives our support will have had a full comprehensive assessment and from our data on average a new client reports 10 GP appointments and two A&E visits within six months, generating significant costs.. GP appointments23 (£56}, A&E visits (£418), ambulan services (£367) annual cost of £2,130 per client. Ineffective interventlon$ addressing only symptoms and not the root causes escalate these costs to an estimaled £6,000 per person, with many trapped in a cycle of crisis. Detox centres are expensive and are not appropriate lo taper from rtain medications which can take up to 2 yeats. Plus, local councilslNHS integrated care board budge15 may not have funds available for Ihese services. 498 people from April 24- March 25 Before joining PostScript360 3 months with 6 months with PS360 PS360 9 months with 12 month with PS360 P5360 Accident & Emergency Dept Visit in 18 months Support from other orgs, health agencies GP visits in last 6 months 2 htt s:Ilbnf.nice.or .ukltreatment-summarieslh notics-and-anxiol ticsl ) htl s'.Ilwww.kin sfund.or .uklinsi ht-and-anal sisldata-and-chartslke -facts-fi ures- nhs#'.-'.lext-What's % 20the % 20costOA20oP/o20a consultationOA20costs / 200AC20/oA3561. 4 htt s'.IhMNW.kin sfund.or .uklinsi ht-and-anal sisldata-and-chartslke nhs#'.-.'text=Whal's'/o201heO/o20cost % 20oV/,20an % 20ambLtlanceO/o20tri vera eO/o20oP/o200/.C20/oA3287. -facts-fi ures- 0/020to /020A % 26EO/o3F eslimated°/020a
Page-s Company no.. 03169578 Charity no.. 1056508 POSTSCRIPT 360 LIMITED ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 PostScrip1360 aims lo fill this critical gap by offering a holistic approach lo recovery that is lacking in health seNices and drug agencies. Our oble¢tlves: Safe Taperlng Support: Provide a slruclured. individualised tapering programme for clients to safety reduce their dependen on PscriptIOn drugs. Ensure a nonjudgmenlal and empathetic environment to encourage cllent engagement and trust. 2. Advocacy and Communicatlon: Facilitate effective communication beeen clienls, their GPS, and other healthcare professionals to ensure coordinated care and support. Advocate for cllents in situatlons where communicallon has broken down, worklng to rebuild trust and cooperation. Exploratlon of Underlylng Condltlon8: Conduct thorough assessments lo understand the underlying condltlons that contribute lo drug dependence. Provide therapeutic interventions and support to address these root causes, promoting long-tenn recovery. Breaklng Down Barrlers and Stlgma: Implement educational programmes lo reduce stigma and promote understanding of prescription drug dependence within the community and health care seNices. Advocate for policies and practlces that support equality and reduce discrimination against people wilh drug dependence. Building Reslllence: Equip Clients with the skills and strategies needed lo manage their mental health and prevent relapse. Foster a sense of empowetThent and control over their recovery journey. Actlvltles Comprehenslve Assessment and Indlvlduallsed Tapering Plans: Conduct inilial assessments to detemiine the appropriate tapering plan for each dlent. Provide ongoing monitoring and adjustments to ensure safe and effective tapering. 2. Therapoutlc Support: Offer one-on-one support and group therapy sessions lo address emotional and psychological aspects of dependence. Provide access to altemallve therapies such as mindfulness and stress management techniques. Advocacy and Llalson SéNlce8: Act as inlernediaries beleen clients and healthcare providers to facilitate communication and coordinated care. Advocale for clients, needs and preferences in medical and social service settings.
Page-6 Company no.. 03169578 Charity no.. 1056508 POSTSCRIPT 360 LIMITED ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Educallonal and Sllgma Reductlon Inltiatlvos: Develop and deliver workshops, seminars, and outreach programmes to educate the public and healthcare professionals about prescription drug dependen. Promote slories of recovery and resilien lo challenge stereotypes and reduce stigma. Resillen¢e Buildlng Programmes: Conduct workshops and training sessions on coping strategies, selfre, and relapse prevention. Promote peer support nehvorks lo provide ongoing encouragement and mutual aid. Impacts: Improved Health and Well.belng: Clients will expeiience improved physlcal and mental health as they successfully taper off prescription drugs. Enhanced Communlcation and Advocacy: Clients will benefit from better communication wth healthcare providers 2nd effective advocacy support. Reduced Stlgma: Increased awareness and understanding within the community will lead lo reduced stigma and greater support for individuals in covery. Empow8rod Cllents: Clients will galn resilience and skills lo manage their menlal health and maintain their recovery long-temi. Confldence building: Clients wll identify skills that will help in job searches, online COUTses, learning opportunilles and physical aclivilies. PostScrlpt360's outcornes: Telephone Support Sarvlce has been a vital seNi¢e over the past year. handling 11.989 inbound and oulbound telephone calls combined. An average of 230 calls a week, 46 calls a day. One-to4)ne Support: 495 people received petsonalised assistance, of which143 were complex cases involving many other third parties Group Sessions: SeNice users progressed from individual support to group sessions, sharing experiences and leaming from others. These sessions are hosted by our Recovery & Wellbeing Practitioners empowering clients to complete their taper plan. Therapy 300: Over 181 people from Bristol and surrounding areas, and 273 people participants from other regions in England & Wales benefitted from group therapy sessions focusing on how lo live without misusing prescription dnjgs, and lo live a he21thler life hosted by our praclllioners. Advocacy., We bridged communication gaps between our service users and their healthcare providetE, ensuring they reiVed the necessary care to $sJpport their taper schedule and other mental health conditions. Last year, we provided 1,680 hours to 420 people. More lime has been spent on advocacy this year. Knowledge Sharlng: We share our knowledge and experience of 30 years supporting people daily lo taper safely from prescription drugs ofdependenca with healthcare professionals. Covering pres¢ripts'on dnjg misuse, the effects they h2ve on our community and the growing concerns of people purchasing illicit medi¢alion onllne. This year we presented lo 14 organisations. Preventlon Awareness: Through conferences, semlnars, campaigns and social media. We presented lo 19 GP Practices, 146 proballonary service staff in England, 186 local councillors and mental health workers. We gave
Page-7 Company no: 03169578 Charity no.. 1056508 POSTSCRIPT 360 LIMITED ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 quarterly presenlalions where we invited former and existing cllenls to share their personal experiences of becoming dependence free with health professionals. Ran 20 campalgns on social media platfomis, using anonymised examples from cllents, life eXperienS. these highlighted the harms of benzodiazepines, prevention awareness, warnings of mixing other drugs with benzodlazepines, plus keeping abreast of bad batches and alertlng people on social medla platfomis. We reached approximately 74.000 people last year, promoting and participating in awareness and educational campaigns. 360 Clubs: After clients complete our support programmes, over 82 people joined our peer-lo-pear 360 Clubs across England and Wales to continue with ftiendships made and to support each other. 92.fi of people who were supported by PostScrip1360 from April 2024 to March 2025 are dependence free or have reduced by at least 8401a. How PostScrlpt360 monllors and evaluates cllent progress We implement a comprehensive evaluation framework lo measure our clients progress and the success of our programme, includSng'. Regular cllent feedback and satisfaction surveys. Monitoring of tapering progress and h8allh outcomes through National Dnjg Treatment Monitoring System, part of The Office for Health Improvement and Disparities. Assessments of changes in sligma and community attitudes through pre- and posl-programme suNeys. Documentalion of advocacy inteNentions and their outcomes. Mood Tracker Ihal monitors our cllents, anxiety, happiness and social inclusion. Monitor client's wellbeing, dlet, sleep hygiene and housing. PostScript360 supports clients for approximately 5 to 24 months. depending on the type of drug, amounl, and duration of drug use. Due to privacy concems, we maintain an in-depth in-house monitoring syslem. Since 2024, efforts to explain the importance of the National Drug Treatment Monltoring System (NDTMS) have increased client's consent by 35010. However, most employed clients still withhold consent, feang employer disclosure, while clients with long-tem illnesses, disabilitles, or those nol working are more Ilkety to share infomiation with NDTMS, GPS, and mental health services. We regularly analyse our data lo oplimise our service for the community affected by prescription drug dependenc£. Health illnesses Long-lenn use of benzodiazepines. Z4nJgs, painkillers, and other dependence-foming prescription drugs can cause serious physiological and neurological harm. with risks amplified by polydnJg use. This growing health issue requires greater educatlon, resources, and funding to prevent further deaths.
Page-8 Company no: 03169578 Charity no.. 1056508 POSTSCRIPT 360 LIMITED ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Clients on our caseload all report havlng anxiety, even those taking opSale-b2sed painkillers. Cllents with diagnosed health illnesses are.. HEALTH CONDITIONS 2024-25 496 PARTICIPANTS Olher Aust15m.ADHD 11 Tlnnllux 2% Back paln, rhroxl¢ pal PSTD Depressldn Bl•polar, OCD, BDD obiiliy & euvolo8l¢ald16ébi15ty Ch¥oolc Fati¥u•. ME, fj4b General4nMlety 4286 SELF HARM ACCIDENTIAL, SUICIDE Overdose 10 Seitha¥m 7% Suicide ideatlon & attempts 12 Death by suicide Would not harm 7096
Page-9 Company no.. 03169578 Charity no.. 1056508 POSTSCRIPT 360 LIMITED ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Gender- our communlty identlfled themselves as: GENDER Nonhinary Fetiiole Male 5396 Age groups flrst Introduced to prescrlption drugs of dependence AGE RANGE 56-81 14q6 48-55 12 18-30 47 3145 27
Page- 10 Company no.. 03169578 Charity no.. 1056508 POSTSCRIPT 360 LIMITED ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Employment statu8 EMPLOYMENT STATUS CareT Unemployed 13 Stiident FIPT Employed.Self eivployed 43ryb Longtefm slck. dls8bled 25% Aetl¥e Stay at homfr Rellglon Prefef notto say RELIGION 8uddhist 186 Clillstla 190 Jewlsh 146 Muslini No regligon 67 The challenge for PostScrlpt360 As demand for our support continues to rise, we only promote our services through free health and local directories. If we were lo expand our advertlsing, it's hard to imagine how many more people would seek our assislance, a Iiue wake-up call for the country Furthemiore, if we were to monltor and report illegal online phamiacies, it raises a critical question.. could the healthcare system manage the magnitude of the problem? Our growth depends largely on support from charitable Iwsls and contributions from employed clients. However, securlng fijnding is challenging because PostScript360 gits beeen drugl alcohol agencies and mental health services. Government- funded agencies often refer clients to us known as 'pathways' but without providing fijndlng. Po$tScript360 aligns more closely with mental health services. yet many fijnders misclassify prescriptlon drug dependence as a substance misuse issue and decline 8UPPOrt. At the same tSme, drug agencies lack the training and capacity for long- temi support for these clients, needs, while mental health seNices often reject them as addiction cases. This gap leaves hundreds of thousands of people without the help they urgently nee
Page- 11 Company no: 03169578 Charity no.. 1056508 POSTSCRIPT 360 LIMITED ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 PostScript360 has long collaborated with mental health seNices, the NHS, primary care, and dwg agencles. Over the pasl four years we have made steady progress in building recognition and seeking commissioning for our vilal work. However, in March 2025, Ihe Government announced plans to abolish NHS England, the body overseeing daily management of the health setvice. Integrated Care Boards {ICBs) now face major cuts, with a mandated 500A reducllon in running costs by December 2025 to improve efficiency. The governmenl has not yet fully defined the new structure at the top of the NHS and has a mix of oplions for bringing day-l04ay management of the heallh service back into govemmenl. This process is expected to lake place over a bNO-year period, that is the point at which the Secretary of State for Health and Social Care, Wes Slreellng, wants the process lo be completed. In SponSe, PostScript360 has shifted focus, reducing lime spent in council and NHS meeling5 and instead exploring new, sustainable income sIaMS lo support our mission. Flnanclal Rgvlew PostScript360's financial year ended on a shortfall that was expected from our strategy, we ar8 continuing to grow with our charitable trust revenue that has been successful In 2025. We have grown and improved our se1 dellvery with a 920/0 success rate. The charity has demonstrated model solutions: innovation, problem solvlng for our clients, creating. capturing data and evidencing practical solutions that support clients. Our advocacy efforts have SucssfullY influenced many health professionals to get the bes* outcome for our clients, their patients, and at the same lime educaled them of the hamis of these dnjgs and the benefils of safe taper schedules. We have grown our contributions income,. clients who are employed pay, and those who received PIP pay a small percentage towards their treatment and the chartty subsidies the rest. From April 2024 to March 2025 contributions grew by 680 compared to the previous year. Investment Pollc The charity has no investments., its primary asset is cash in the bank. The Trustees a being prudent with the charity's free reseNes. Time 2nd effort had been spent over several years to have our service commissioned which never came to Ilght. PostScript360 has managed through difficull landscapes. has a slronger identity as the experts within Benzodiazepines, Z Drugs, Gabapenlinoids and opiale based painkillers. The CEO and the trustees are exploring other avenues such as offerfng for our seNice8 to private individuals, sports clubs and companies, as well as improving our digital presences allowing us to provide our services throughout England & Wales. The Trustees, through their connection wilh the music industry are aiming lo have an annual event to raise PostScript360'8 profile and income. Goin For4vard The main aims of the Board ofTruslees for the next financial year are lo recTuiI more trustees and to seek professional advice for more insight and perspective in the business side of the charity's suslainability. PostScript360 have successfully applied to the Lloyds Bank Foundation who are supportlng the charity Wlth a Ihree-year grant, and a wealth of experts that ssjpport development growth, mentorfng and connecting charities with over 100 experienced, vetted consultanls. PoslScript360 priorities are.. To host our services in GP practiC8S through the Southwest by the end of 2025. To offer our service in the private seclor. bringing in extra income that will support others who need our support. To advertlse our service through soclal media and digital advertlsing, media relations and direct mail. To grow staff capacity, upskill current employees through training and mentorship, foster a collaborative culture, and leverage technology to increase efficiency. To grow our 360 Clubs, peer to peergroups. To offer our online seryice in the evenings for people who are employed. To introduce our Services to sports clubs. universities and companies. To explore and adapt to alternative income streams, ensuring greater sustainability for the fijture.
Page- 12 Company no.. 03169578 Charity no.. 1056508 POSTSCRIPT 360 LIMITED ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 To engage, promote awareness and preventlon of the harms to younger people, and to reach those who need help now at universilles, colleges and in the wider community through music events. To increase our income through applications lo charitable trusts, local council grants and company charity of the year support. To promote awareness to larger audiences through short infomiation videos via social media, presentations, and events. To be known as the 'go-to' organisalion in the UK for support and expert knowledge of the effecls of benzodiazepines and other similar drugs by the health professionals and practstioners through ConfenCes, partnerships and collaboratlons. Reserveg Polic PostScript360 recognises the importance of maintaining an approptiate level of reserves to allow for contingency plannlng or action. The Chadty's reserves policy is ta hold operating costs from three to six months. This is In the event of the charity having lo wind down meeling all its financial obllgations. The Iwstees recognise the importance of securing SLtfficient funds lo expand our capacity, grow our services, strengthen sustainability, and remain resillenl in the face of future challenges such as another pandemic. Prlnci al Fundln Sour¢e8 PostScript360 drew down on its reserves in 2024- 2025 and has a slx-month reserve. The Charity received grants from The John James Bristol Foundation, The Albert Hunt Trust, The James Tudor Foundallon, The Medlock Charltable Trust, South Glouc8ster Councll Active Grant. The Truslees are extremely grateful for Ihelr support and for underslanding our vital work. Rlsk Mana ement The Board of Trustees annually review the major Tisk5 to which PostScript360 is exposed. Where deemed appropriate, syslems andlor procedures have been established lo miligale the risks the charity fas. Control risks are minimised by the implementation of financial controls which are regulady monitored and updated. A Risk Management Policy, Financial Policy and Health and Safety Policy are in place and followed lo ensure complian, for the protection of staff, volunteers and charity. structur8 Governance and Mana emen Governin The organisalion is a charitable company Ilmited by guarantee incorporated on 08 March 1996 and registered as a charity on 01 July 1996. The company was established under a Memorandum of Associatlon which established the objectives and powers of the charitable company and is governed under ils Articles ofAssociation. In the event of the company being wound up members are required to contribute an amount not exceeding £1.00. In 2020 the Memorandum ofAssocialion of the charity was updated and reviewed by the Board of Trustees this was replaced with Articles afAssocialion. ecruitmen andA ointment of T The number of trustees sh811 be not less than three but shall not be sublecl lo any maximum. Al each annual general meeling, one third of the Iruslees are subject to retlr8ment or reappointment by rotation. If their number is not three ar a multiple of three, the number nearest to one third shall retire from office or reappoinlmenl. The Charity Govemance Code recommends a maximum period of 9 years bul if there is only one trustee who is subject to retirement by rolalion, helshe shall retire. The trustees lo retire by rotation shall be those who have been longest in offi. cument ees ¥uste8 In uction an rainin New trustees are provided with a full induction to the organisation, covering the roles and responsibilities of Board members. operational, financial and health and safety policles, Setvices and actlvilies, and the Strategic Plans of the Charity.
Page- 13 Company no.. 03169578 Charity no= 1056508 POSTSCRIPT 360 LIMITED ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Reference and Administrative Details of the Chari PostScrip1360 is a company limited by guarantee and a registered Charity. Registered office.. 1S1 Floor, East Wing, The Kingswood Estate, Brilanni2 Road, Kingswood, Bristol BS15 8D8 Registered Company No.. 03169578 Registered Charity No: 1056508 Trustees and D1ctorS on March 3181 2025 Ms Sophia Knight Ms Mlchelle Wnne Ms Dionne Smart Ann Deamer Bankers Charitles Aid Foundation (CAF) Bank 25 Kings Hill Ave, Kings Hill, West Malling ME19 4JQ Examiners Ha00d, Lane & Co Chartered Accountants and Registered Auditors Units 14 Crossley Fam Business Centre Swan Lane, WnleTboume Bristol, BS36 1 RH Statement of Trustees, Res onsibi Tha charity trustees are responsible for preparing a trustees. annual report and financial statements in accordan with applicable law and United Kingdom Accounting Standards (United Kingdom Accepted Accounting Practices). The law applicable to charities in England and Wales requlres the charity Iruslees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements. the Injslees are required lo.. Select suitable accounting policies and then apply them consistently. Observe the methods and principles in the appllcable Charities SORP. Make judgements and esllmales that are reasonable and prudent. stste whether applicable accounting standards have been followed, subjecl lo any material departures that must be dis¢108ed and explained in the financial statements. Prepare the financial slalemenls on the going concem basis unless it is inappropriate to presume that the charity will contniue in business.
Page- 14 Company no: 03169578 Charily no., 1056508 POSTSCRIPT 360 LIMITED ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees are re5ponslble for keeplng propor accounllng records Ihat dlsclos• wllh reg8onabl8 aG¢uraoy at any Ilme the financial position of th8 charily and lo enable them lo ensure that Ihe financlal stalomenls comply wilh lh8 Charilles Act 2011 and th8 applloabl8 Ch8ritle5 {Accounls and Reports) Regulalions. They are also responsible for safeguardlng Ihe assets of the charlty and laklng reasonable steps for the prev8nlion and delecllon of fraud and other Irregularitles. M8mbers f Ihe Board Members of the Board of Truslees, who are directors for the purpos8 of company law and Iruslees for lh& purpose of charlty law, who seNed durlng the year and up lo th6 date of Ihls Teport. In accordance wlth company law, as Ihe company's dlrectors, we certlfy that: so far as we are aware, Ihore is no relevanl accounls Information of whlch the indep8ndent examlners are unaware. as the dlreclors of th8 comp8ny we have taken all the steps that we ought lo hav8 taken to make ourselves aware of any r8lèvant accounls Informallon and to eslabllsh that the chailty's 8xamlners are aware of that Information. nd8 8ndent Examlners Harwood Lane & Co were the charltable company's Independent examlners for the year and have expressed Ihelr wlllingness to continue In Ihat capacity. Approval Thls report was approved by tho Board of Trustees on and slgned on Ils behalf. Name: Sophla Knlght Chalr of Trustees
Co Reg.. 3189578 CC Reg.. 10S8508 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE Page- 15 POSTSCRIPT 360 LIMITED I report on the accounts of the Company for the year ended 31 March 2025, which are set out on pages 16 to 24. Resp0Ctlve responsibllltles of trustees and examlners The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not requlred for this year under Section 144(2} of the Charities Act 2011 (the 2011 Act) and that an Independent examination is needed. I am qualified to undertake the examlnation by being a qualified member of Ihe Institute of Chartered Accountants in England and Wales. Having satisfled myself that the charity is not subject to audit under company law and Is eligible for independent examlnatlon, it is my responsibility lo: examine the accounts under section 145 of the 2011 Act., lo follow the procedures laid down in the General Directions given by the Charity Commission under secllon 14515llbl of the 2011 Act; and to stat6 whelher particular matters have come to my attention. Basls of Independent examlners, report My examination was carried out in accordance with the General Oirections given by the Charity Commission. An examination includes a review of the accounting records kepl by the charity and a Comparison of the accounts presented with those records. It al80 includes consideratlon of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concemlng any such matters. The prOdureS undertaken do not provide all the evldence Ihat would be required in an audit and, consequently, no opinion is given as lo whether the accounts présent a true and fair view, and the report is limited lo those matters set out in the statement below. Indopendent examlner'g slatement In conneclion with my examination, no matter has come lo my attenlion: which give me reasonable cause lo believe that, in any material respect. the requirements- lo keep accounting records in accordance with s386 of Ihe Companies Act 2006,. and to prepare accounts which accord with the accounting records and to comply wilh the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Ststem6nt of Recommended Practice.. Accounting and Reporting by Charities have not been met.. or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reachéd. (J,V I David Cox F.C.A. For and on behalf of Harwood Lane & Co Chartered Accountants and Statutory Audltors Units1-4 Cross16y Farm Business Centre Swan Lane Winterbourne BRISTOL BS36 1RH
Co Reg.. 3169578 CC Reg.. 1056508 Pag8- 16 POSTSCRIPT 360 LIMITED BALANCE SHEET AS AT 31 MARCH 2025 Notes 2025 2024 FIXED ASSET INVESTMENTS CURRENT ASSETS Deblofs Cash at Bank 774 68,244 123.772 69,018 123,772 CREDITORS: amounts falllng due wlthln one year -3,513 -2.922 Net Current Assets 65.505 120,850 Total Assots Less Curront Llabllltlo8 £65,505 £120,850 CAPITAL AND RESERVES General Rgserve Reslrlcted Reserve 10 10 65,505 120,850 Charlty Funds £65 505 £120,850 Th8 Dlrectors consid8rs thal the company is entillod to exemption from Ihe requirement lo h8V8 an audlt under th& provlslons of s.477 of the Companies Act 2006. Members havè nol requlred the company under s.476 of thè Companies Act 2006, to obtain an audlt for the pemod end6d 31 March 2025. The Dlrectors acknowledge Ih8ir responslbllilies for ensuring that Ihe company keeps accounllng records which comply with s.386 and s.387 of the Companies Act 2006, and for preparing aGcounls which give a true and falr vlew of the stale of affairs of the company as al 31 March 2025 and of ils surplusl{deficitl for tho period thon ended in accordance wilh th& requirements of s.396, and whlch otheMls& comply wllh Ihe requiroments of Ihe Acl relating lo the accounts so far as applicable to the The flnanclal statements whlch have be8n prepared in accoTdanc8 wlth Ihe sp8clal provislons relaling lo companies subject to the small companles regime wlthin Part 15 of the Companies Act 2006 were approved by the board on 51 Ocrf)ELL 2025 and are signed on ils behalf. Trusteo Name: S Knlght The nolos on page 19 to 24 form part of those accounts
Co Reg.. 3189578 CC Reg.. 1056SQ8 POSTSCRIPT 360 LIMITED Page- 17 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 SUMMAR Y INCOME AND EXPENDITURE ACCOUNT Notes 202S 2024 INCOMING RESOURCES Reslrlcted Unroslrlcled Funds Fund Total Total Incomo from Charltable Actlvltlos 13 30.000 30,000 20,000 Donallons and Legacles 21.722 21,722 14,299 Income from other tradlng activities 14 Inveslment Income 15 189 189 314 Total Incoming Resources 51,911 51.911 34,613 RESOURCES EXPENDED Cost of Generatlng Fund8 Fundraising Costs 16 Charitable Activitles 17 107,256 107,256 102,777 Total Expenditure 107,256 107.256 102.777 Transfer beeen funds 107,256 107,256 102,777 Net In¢omlngl(Outgolng> Resources for the year -55,345 -55,345 -68,164 Rgallsed {Iossg$llgalns on investments Unreallsed Ilosse$}Igalns on invostments Balan¢e brought forward 10 120,850 120,850 189,014 Total Fund8 Carrled Forward 10 £0 £6S,SOS £68.505 £120 850 The notgs on page 19 to 24 form part of these a¢counts
Co Reg.. 3169578 CC Reg.. 1056508 POSTSCRIPT 360 LIMITED Page- 18 STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 Notes Total Fund8 2025 Prlor Year 2024 Net Cash used in oporatlng actlvltleg 18 -55,717 -68,491 Cash Flow from Investlng actlvltles.. Interest and dividends Purchase of inveslments Proceeds from sale of investments 189 314 Not cash provlded by Inve3tlng actlvltles 189 314 Cash Flow fmm financlng actlvltles." Repayment of borrowing Receipt of expendable endowTnent Net cash provided by tlnancing a¢tlvltles Change In cash and cash equlvalents In the year -55,528 -68,177 Cash and cash equivalent brought forward 123,772 191,949 Cash and cash equlvalent carrled forward £123 772
Co Reg.. J169578 CC Reg.. 1086508 POSTSCRIPT 360 LIMITED Page- 19 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policles The principal accounting policies are summarised below. The accounting pollcles have been applied consislenlly throughout Ihe year and in the preceding year. (al Bas1$ of Accountlng The financial statements have been prepared In accordance with the Charities.. Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102}1 (issued in October 20191 (Charitles SORP IFRS 1021), the Flnancial Reportlng Standard applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006. Post Script 360 Limited meets the definition of a public benefit enlity under FRS102. Assets and liabililles are inittally recognised at historical cost or transactlon value unless otherwise slaled in the relevant accounting pollcy notes. (b) Preparatlon of the accounts on a golng ¢on¢ern basls The charity reported a deficit and cash ouffiow for the year of £55,000. The deficit has reduced from Ihe previous year, with income increasing and costs decreasing. The trustees are of the view that the charity has sufficient reserves to continue operating in the immediate future, for a period of more than 12 months and, on this b8SlS, the charity is a going concern. Forecasts show that the trustees are expecting the charlty to stsrt reporting a surplus in the immedlate fijture. Grant income from charitable trusts and foundations is increasing signlficanlly from previous years, as are contributions. The charity has acted prudently over costs In recent years and the charity is now showing 9rowth. (cl Income Recognltlon All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount Can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of incom8'. Voluntary income Is received by way of grants, donations and gifts and is included in full in the Statement of Financial Adivities when receivable. Grants, where entitlement is not condltional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to Investment income is Included when receivable. Incoming resources from ¢h8ritable trading activity are accounted for when earned. Incoming resources from grants, where related lo perfomiance and specific deliverables, are accounted for as the charity eams the right to consideration by ils perfomiance.
Co Reg.. 3169578 CC Reg.. 1066508 POSTSCRIPT 360 LIMITED Page- 20 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 202S Expendituro Recognition Expenditure is recognised on a a¢cNal basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates: Costs of generating funds comprlse the costs associated with attracting voluntary income and the cosls of trading for fundraising purposes. Charitable expenditure comprises those costs incurred by the charity in the dellvery of its activities and semces for its beneficiaries. It includes both costs Ihat can be allocaled directly to such activities and those costs of an indirect nature necessary to support them. All costs are allocated between th8 expenditure categories of the SOFA on a basis designed to reflecl the use of the resource. Costs relating to a particular acllvity are allocated dlrectly, others are apportioned on an approprlate basis. {e) Fund Accountlng Unreslricted fund5 are available for use at the dlscretion of Ihe truslees in furtherance of the general objectlves of the charity. Designated funds are unrestricted funds eamiarked by the Trustees for parbcular purposes. Restricted funds are subject lo restrictlons on their expendlture imposed by the donor or through the tenns of an appeal. (f) Flxed Asset Invegtments Investments are stated at mart<et value as at the balance sheet date. The Income and Expenditure account includes the net gains and losses arising on revaluation and disposals throughout the year. (g) Reallsed Galn8 and Losses All gains and losses are taken lo the Income and Expenditure account as they arise. Reallsed gains and losses in investments are ealculated as the difference between sales proceeds and opening market value (purchase date if later). Unreallsed gains and losses are calculated as the dlfference between tho markel value at the year end and opening market value lor purchase date if later). Realised and unrealised gains are not separate in the Income and Expenditure account. Flxed Asset Investments 2025 2024 Quoted Shares and Corporate Bonds- historical cost £0 £0 Quoted Shares and Corporate Bonds - mafket value £0 £0
Co Reg.. )169S78 CC Reg.. 1056508 POSTSCRIPT 360 LIMITED Page- 21 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Debtors 2025 2024 Grants Receivable Prepayments other Debtors 142 632 £774 £0 Credltors: amounts falllng duo wlthln one year 2025 2024 Accrual8 Other Taxes and Social Security Costs 1,022 2.491 870 2.052 £3,513 £2,922 Employee costs 2025 2024 Wages and Salaries Social Security Cost5 Pension Contributions 88.863 3,497 1,929 84,119 3,412 1,974 £94 289 £89 505 No employees e81Ved emoluments of more than £60,000. Average number of ernployees Trustees remuneratlon and related party transactlon8 No members of the board of trustees received any remuneration during the year. No trustees or other person related to the charity had any personal interest in any contract or transaction entered into by the charity durfng the year {2024 - Nil). Net Incomlng resources 2025 2024 Net Incoming Resources is stated after charging: Depreciation Independent Examiners Fee linc VATI 900 870
Cts Reg.. 3189578 CC Reg.. 10S6S08 POSTSCRIPT 360 LIMITED Page - 22 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Capltal commltments 2025 2024 Authorised but not contracted Contracted but not spent £nll £nil £nll £nll Analysls of net assets between funds General Funds Reslrlcted Funds Tolal Fixed Asset Investrnents Current Assets Current Li8bilities 69,018 -3,513 69,018 -3,513 £65,506 £0 £6S,505 10 Reserves At 01.04.24 Transfers Income Expendlture At 31.03.25 General Reserves general funds designated ftjnds 91,785 29,065 51,911 -107,256 36,440 29,065 120,850 51,911 -107,256 65,505 Gainsl{lossesl Total Rosgrves £120,860 £0 £51,91 q £107,256 £65,505 11 Designated reserves 2025 2024 Designated Reserves ¢on$ist ot. Development Reserve 29,065 29,065 £29,065 £29 065 Pur Oge of Restricted Funds There were no restricted fund5 during the year. Pur Oso of Desl ated Fund8 Development Reserye A Development Reserve has been established to sel aside funds for the purpose of the on-going development of the charity.
Co Reu.. 3169578 CC Reg.. 1056500 POSTSCRIPT 360 LIMITED Page- 23 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 202S 12 Taxatlon As a charity, Post Script 360 Limited is exempt from lax on income and gains falllng within current tax legislation to the extent that these are applSed to its charilable objectives. No tax charges have arisen in the Charity. 13 Incomo from charltsble activitlos 2025 Total 2024 Total Restrlcted Unrestrlcted John James Foundation Medlock Charitable Trust The Albert Hunt Trust The James Tudor Foundation South Gloucestershire Council Quartet Community 10,000 5,000 5,000 10,000 10,000 5,000 5,000 10,000 10,000 5,000 5,000 £0 £30.000 £30,000 £20,000 14 Income from other trading activltles 2025 Total 2024 Tolal Reslrlcted Unrestricted Group Work £0 £0 £0 £0 15 Inves*ment incom• All of the charities inveslment income of £189 (2024 - £314) arises from money held in interest bearing accounts and Inveslments. 16 Dlrect charltable expendlture 2025 Total 2024 Tolal Restrlcted Unrestrl¢ted Fundralsing Costs £0 £0 £0 £0
Co Reg.. 3169578 CC Reo.. 10S6508 POSTSCRIPT 360 LIMITED Page - 24 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2025 Totsl 2024 Total 17 Charltable actlvltles Restrlctsd Unrestrlcted Salaries Postage Photocopying and Printin9 IT Costs Training Subscriptlons and Publicatlons AdvertisinglPromolion Telephone Bank Charges Rent and Rates Insurance Repairs and Renewals Payroll Bureau Miscellaneous Expenses Book-Keeping Independent Examination 94.289 94,289 89,505 35 605 3S 605 217 420 450 450 482 815 3,263 294 5,054 751 84 316 201 498 870 3,109 426 5,289 533 125 389 146 960 900 3,109 426 5,289 533 125 389 146 960 900 £0 £107 256 £107,256 £102,777 18 Reconclllatlon of net movements In fund8 to net ¢a3h flow from operatlng acllvltl¢$ 2025 2024 Net Movement in funds Deduct Interest income Decrease Ilncrease} in debto Decrease (increase) in stocks Increase (decrease) In creditors -55.345 -189 -774 -68,164 -314 159 591 -172 Not cagh used In operallng acllvltles £55 717 £68,491