t985- 2015 THE NELSON TRUST Company Number 03211815 Registered Charity Number 1056672 THE NELSON TRUST (Limited by guarantee with no share capital) REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST CONTENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST CONTENTS PAGES Charity inforrnation Chair of Board of Trustees's report Chief Executive Officerfs report List of supporting organisations Trustees, report Independent auditorfs report 30 Statement of financial activities 34 Balance sheet 35 Statement of cash flows 36 Notes to the financial statements 38 THE NELSON TRUST CHARITY INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST PRESIDENT Rt Revd Rachel Treweek, Bishop of Gloucester VICE PRESIDENTS The Hon. Hugh Tollemache The Hon. Mrs Rosie Tollemache Sue Mountstevens Annie Maw CVO TRUSTEES Dame Julie Lydon DBE {Chairl {from l November 20241 Dame Janet Trotter DBE, CVO (Chairl (until l November 20241 Kirsty Batten {from 19 July 20241 Naina Mandleker (until 3 September 20251 Catherine Connor {until l November 20241 James Murray Jo Daubeney Justin Sargent Demelza Davies Julie Sharma (from 19 July 2024) Tina Gabb (from 19 July 20241 James Tabor QC {until l November 20241 Jason Kew Ifrom 19 July 2024) Claire Wynne Hughes (until 19 July 20241 Rhona MacDonald CHIEF EXECUTIVE OFFICER John Trolan luntil 30 June 20251 Christina Line (from l July 20251 COMPANY SECRETARY Louise Temple SENIOR LEADERSHIP TEAM John Trolan - Chief Executive Officer (until 30 June 20251 Christina Line - Ch ief Executive Officer {from l July 20251, Chief Operating Officer (until 30 June 2025} Ranja Abbott- Director of Finance and Assurance Kirsty Day- Director of Recovery Services Niki Gould - Director of Women's Communtty Services Louise Temple- Director of HR REGISTERED AND PRINCIPAL OFFICE Nelson House Brimscombe Hill Brim5combe Stroud Gloucestershire GL5 2QP PRINCIPAL BANKERS Lloyds Bank PLC 12 Rowcroft Stroud Gloucestershire GL5 3BD SOLICITORS Willans LLP 28 Imperial Square Cheltenham Gloucestershire GL50 IRH INDEPENDENT AUDITOR Sumer Avditco Limited Hermes House Fire Fly Avenue Swindon SN2 2GA WEBSITE www.ne150ntrust.com @TheNelsonTrust THE NELSON TRUST CHAIR OF THE BOARD OF TRUSTEES'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST Welcome to our 2025 Annual Report which reflects on our achievements over the past year whilst looking forward to our priorities for the coming year. l am proud and delighted to present my first Annual Report as Chair of Trustees of The Nelson Trust. My role is to support the Trust in building on its strong foundations and enhancing its capabilities. As we continue to serve a growing number of clients, the charity has made notable stride5 in achieving its Strategic Objectives. This progress is crucial for sustaining the charity's activities and ensuring the ongoing delivery of its services. More details can be found in the Trustees, Report. At the Nelson Trust we aspire to be the best at what we do. We exist to support people to overcome multiple disadvantages and deprivation including addiction, trau ma and a bu5e, health and family issues and frequent contact with the Criminal Justice System. We believe that with the right support at the right time, anyone can change. We also recognise our capacity for organisational growth and improvement by leveraging our existing strengths and qualities. Our 2021-25 Strategy outlined our plan to expand our support to more people and enhance our effertiveness through delivering a whole system approach across local partnerships and multi-agency forums. By working together, we can break the intergenerational cycle of trauma, abuse, and disadvantage. Now, more than ever, we are needed, and the dedication and versatility of our staff and volunteers, along with the loyalty of our supporters, are truly inspiring. We reflect on a challenging. yet transformative year, marked by resilience, growth whilst maintaining a Steadfast commitment to supporting individuals affected by addiction, trauma, and social disadvantage. As the Trust celebrates its 40th anniversary, we look forward with renewed ambition to expand our impact and deepen our community partnerships. The Trust has adeptly responded to the evolving landscape of social needs, which have been exacerbated by rising living cost5 and the complex challenges faced by our clients. This response has included enhancing trauma and gender-responsive services, investing in staff training and wellbeing and broadening our reach and service offerings, particularly in Wales by establishing two new Women's Centres. We are proud that we achieved Gold standard Lived Experience Charter status, reflecting our strong commitment to 5UPPOrting and valuing the voices of the incredible people with lived experience within the Trust. We said goodbye and a huge thank you to John Trolan, the Trust's Chief Executive Officer, in June 2025 having led the Trust for over 10 years. and welcomed Christina Line, after an external and thorough 5elertion process, to take us forward from July 2025. Chri5tin3 embarked on her journey with The Nelson Trust as a key worker, and over the followingten years, she embraced various roles within the organisation, including the position of Chief Operating Officer in 2023, demonstrating her talent. leadership and dedication. Armed with extensive knowledge and passion, Christina is committed to making change possible for our communities across the South West of England and Wales. I look foNard to working with her as she takes over the reins. Under our new leadership, and looking to the future, we are proud to have been successful in a number of tenders to increase our reach across the rehabilitation community and our women's services recognising that these developments bring further opportunities for collaboration and partnership. The immediate future presents a number of challenge5 and opportunities. We anticipate a challenging external environment ahead - the need for continued engagement with policy makers and public service providers and for effective fundraising and partnership working is a high priority to offset the risks due to potential changes in funding levels, policies and support for our charitable activities. At a time when we anticipate increased need for our services, the ability for us to continue to maintain high quality environments and staff teams for service delivery remains a key priority - securing service contracts, voluntary income, maintaining and building further effettive partnerships stay critical aspects of our work. We remain confident that the Nelson Trust team is well-equipped to respond to these challenges remaining resilient, creative and adaptable to provide new ways and income streams through which we can continue to provide support to vulnerable people. THE NELSON TRUST CHAIR OF THE BOARD OF TRUSTEES'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST The Trust has a highly capable and passionate Board of Trustees. I thank them and all the other volunteer5 associated with the charity, across the whole spectrum of our activities including front line service delivery, Hub community recovery activities, and fundraising. l acknowledge and extend my deepest gratitude to Damejanet Trotter DBE, CVO who served as Chairfrom January 2018 until November 2024, to James Tabor QC and Catherine Connorwho came to the end oftheir terms as Trustees in November 2024. In September 2025 Naina Mandleker stood down from the board after completing nine years of valuable service and support. Their contribution, strategic insights, exceptional service and dedication will be missed by the Board. The departure of our Trustees and Chief Executive Officer is a time for both reflection and anticipation. We honour their accomplishments and welcome the opportunities ahead, inspired by the principles and values they have demonstrated. With gratitude and optimism, we look forward to continuin8 our journey of positively impacting the lives of those we serve. As you read this report and the accompanying financial statements, I hope you will be encouraged by the Trust's dedication to providing top-quality services to our clients, who show remarkable courage in the face of trauma. The Board deeply appreciates all its staff for their unwavering commitment, compassion, and dedication and for the senior management team, who lead the organi5ation with creativity, passion and an appetite for innovation. l extend my gratitude to our clients for continuously reinforcing our belief that long-term recovery leads to thriving lives. l also thank all our volunteers and supporters, including the organisations listed on page 7, whose significant or long-term donation5, sponsorships, 8rants, pledges, time, resources, and partnerships have enabled us to achieve such positive outcomes with our clients. Your contributions have provided essential resources and made a lasting irnpact on the lives of individuals and families. Your involvement has enriched our programmes and fostered a sense of belonging for those we serve. Your belief in our vision has allowed us to expand our services and extend a helping hand to more individuals on their journey to recovery and rebuilding their lives. Collectively, you are the pillars of strength that enable us to transform lives and bring hope to those who need it most. Darnejulie Lydon. Chair of the Board of Trustees Date: 17 October 2025 THE NELSON TRUST CHIEF EXECUTIVE OFFICER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST I feel honoured and proud to present my first Annual Report as Chief Executive Off icer I'CEO") of The Nelson Trust, outlining our activities and achievements in the year ended 31 March 2025. But first I want to thank my predecessor John Trolan whose tenure as CEO spanned the whole of this reporting period. We extend our heartfelt gratitude for his exceptional leadership and dedication over the past decade. His vision and passion have significantly shaped the Trust into the organisation it is today. As we draw close to another transformative year at Nelson Trust, it's a privilege to pause, reflect, and share where we have been, whilst looking ahead with compassion and purpose. We have witnessed a year shaped by challenge and change, yet defined by the remarkable strength and resilience of those we serve and the unyielding Commitment of every member of our team. The past twelve months have called upon us to adapt in ways both expected and unprecedented. The evolving landscape of social need be it in health, housing, addiction, or justice-has demanded creativity, agility. and a renewed sense of purpose. At the heart of Nelson Trust's work is the unwavering belief that every individual has the capacity for change. with the right support and the right to a life free from harm, substance use and justice involvement. Our services have continued to be a lifeline for thousands of women, men, and families affected by addiction, trauma, and multiple unmet needs. While the external environment has been marked by rising living costs and increased strain on public services. we have sought to provide not just support, but sanctuary-a place where hope is rekindled and people are loved back to life. The pressures of the year have amplified demand across our residential and community services. More people need our help. often presenting with a muttiplicity of intersetting challenges. Our teams have responded with compassion, skill, and an unwavering commitment to providing services through a trauma and gender responsive approach. The investment in staff training and wellbeing has ensured we meet complexity with professionalism, offering a holistic response that acknowledges the individual behind every story. Our Women's Centres have expanded in reach, with a new Centre opened in Newport, and a mini centre in Carmarthenshire. Our Women's Centres have expanded in breadth, with new women's substance use services, the One Wales partnership, and Integrated Non-custodial I"IN-CS"} service. Our Residential rehab services have continued to provide specialised treatment with 3 women's onlv houses and I men's house. Our organisation is strengthened by the voices of those who have experienced the issues we address. This year we achieved the Gold standard Lived experience Charter status, which recognises the Trust's ongoing commitment to 5UPPOrting people with lived experience to professionally develop within the workplace. Our recovery and aftercare services in partnership with Via continue to support individuals to develop recovery capital, education, training and employment opportunities. We have delivered several Lived Experience Recovery Organsiation Events across Gloucestershire, and have ambitions to further increase the visibility of recovery through recovery festivals and inclusive cities. We have influenced systemic change, working in partnership with statutory agencies, and wider VCSE local organisations whilst advocating for fairer. more compassionate approaches to people. The Nelson Trust has strengthened its voice in regional and national conversations, advocating for policy changes that recognise the social determinants of adLJiction and offending and that champion prevention as well as intervention. The true measure of our year's work is found in the stories of transformation that emerge each day. From people who have rebuilt relationships with their families, discovered life beyond addiction, to those who have found their voice and Sense of purpose-the5e are the stories that inspire us to do even more. We are grateful to every individual who has trusted u5 to walk alongside them in their journey. Their courage in facing adversity and their willingness to engage in the hard work of recovery and healing is inspiring. THE NELSON TRUST CHIEF EXECUTIVE OFFICER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST As we celebrate our 40th Anniversary this year we not only reminisce about the past, we will boldly step into the future. While many of the challenges we saw 40 years ago have changed shape, they haven't disappeared. Today, we face a society where trauma is still often misunderstood, and the most vulnerable continue to fall through the cracks. The next40 years at The Nelson Trust will be about doing more, reaching further, and shouting louder. We'll continue developing our services, building partnerships, and advocating for systems to treat people like human beings, We'll innovate but we will stay true to the values that brought us here.. Kindness, determination and an unshakable belief that with the right support, everyone has the possibility of change. In short, our vision remains the same - but our ambition is bolder than ever. Thank you to all of our supporters, for walking with us on this journey, and for seeing the value in every human being and for continuing to stand by us as we build a future of recovery, resilience, and hope. As we antlClP3te the comingyear, we do so with a blend of realism and optimism. The challenges facing our communities are real and growing, yet so too are the opportunities for innovation, partnership, and positive change. In the year ahead, we will deepen our commitment to co-production and the meaningful involvement of people with lived experience, ensuring our services and strategies are shaped by those who know them best. We are acutely aware that our ambitions can only be realised with a secure financial foundation. Over the next twelve months, we will diversify our income streams. develop new funding partnerships, and steward our resources wisely to ensure that Nelson Trust remains resilient, adaptable, and able to respond to emerging needs. None of what we have achieved or seek to achieve would be possible without the extraordinary dedication of our staff, volunteers. trustees. patrons, pa rtners, and supporters. Each has played a vital role in enabling The Nelson Trust to be a beacon of hope, playing a small part in helping people positively change their live5. As we look to the future, our promise is to continue to listen, to learn, and to lead with compassion, integrity, and ambition. As we step into this next chapter, we remain as committed as everto transforming lives and making change possible. Christina Line, Chief Executive Officer October 2025 THE NELSON TRUST LIST OF SUPPORTING ORGANISATIONS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST We offer a sincere thank you to the members of our Gloucestershire Fundraising Committee, to our supporters. volunteers, trustees and colleagues for all the change you have made possible. We thank all those individuals, and the following organisations for their support and to those with whom we have worked in partnership during the year.. Active Gloucestershire Albert Hunt Trust Asda Foundation Austin Bailey Foundation Avon & Wiltsh ire Health Partnership Azets Holdings Limited Babylonstoren Wines Barbury Shooting School Barnwood Trust Better Communities Business Network Bristol City Council Cardiff City Council Centre for Justice Innovation Charles Hayward Foundation CHK Foundation Community Investment Fund Corinthian Wealth Management Cotswold BMW Cheltenham Enterprise Mobility Fish Bros Fluck Convalescent Fund Glasspool Charitable Trust Gloucester City Council Gloucestershire Clinical Commissioning Group Gloucestersh ire Gateway Trust Gloucestershire Integrated Locality Partnership Harrison Clark Rickerbys JABBS Foundation Lister U nified Communications M V Hillhouse Trust Mazars Charitable Trust Meta Advisors Millen ium Stadium Charitable Trust Minchinhampton Golf Club Minety Lawn Tennis Club Moore Allen and Innocent Murrays Estate Agents National Benevolent Charity Nationwide Community Foundation Nimble eLearning Notgrove Trust Oakdale Trust Open Mental Health VCSE Partnership Openwork Foundation Pobl Trust Police & Crime Commissioner-Avon & Somerset Police & Crime Commissioner- DyfedlPowys Police & Crime Commissioner- Gloucestershire Police & Crime Commissioner- Gwent Police & Crime Commissioner- Wiltshire Quartet Community Foundation Renishaw plc River Software Limited Salisbury City Alms Houses Salus Cyber Security Somerset Activity and Sports Partnership Somerset Community Foundation Spirax Sarco Charitable Trust Stroud District Council Sumner Wilson Charitable Trust Swindon Borough Council Swire Charitable Trust The Benefact Group The Berkeley Estate The Gloucestershire Societv The Hadley Trust The Headley Trust The John Armitage Charitable Trust The Julia Rausing Trust The National Lottery Community Fund The Nisbet Trust The Percy Bilton Charity The Waterloo Foundation The Worshipful Company of Pewterers The Worshipful Company of Vintners Truefitt & Hill Vinotopia Waddesdon Wines Waverton Investments Welsh Church Act Trust Fund Westfield House Trust Wiltshire Community Foundation Wiltshire County Council WSP Solicitors THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST The Trustees, who are also the directors for the purpose of company law, present their report and the financial statements of the charity for the year ended 31 March 2025. CHARITY'S OBJEcfivES AND ACTIVITIES The Trust's objects are.. to support those affected, both directly and indirectly, and those at risk of being affected by, substance addiction,. to provide education and information services in order to try and prevent persons becoming addicted to drugs, alcohol and other substances: to provide support for the families of persons who are addicted to drugs, alcohol and other substances including advice assistance and support services for the families of such person; and to promote social inclusion for the public benefit by preventing people lin particular, but not limited to women who are vulnerable) from becoming socially excluded by relieving the needs of such people who are socially excluded and assisting them to integrate into society by all means that are charitable in law. Our services are available to the general public, including those who are either within the Criminal Justice System, or are at risk of being so. Clients are only required to pay any contribution towards the support that they receive from us if they have the financial means to do so. The Trustees have paid due regard to the Charity Commission's guidance on public benefit in deciding what activities the charity should undertake. The Trustees consider that they have acted in the public benefit. VISION, MISSION & BELIEFS In a constantly changing environment, it is more important than ever to retain a clear sense of our purposes and values which are as follows.. Our Vlslon: A world where both the causes and consequences of multiple disadvantages are understood, effectively tackled, and ultimately eliminated. Our Misslon: We will be a Centre of excellence bringing belief, hope and long-term recovery to live5 affected by addiction and multiple disadvantage. Our Beliefs: We believe that anyone can change and recover from addiction. We believe in recovery through abstinence. We believe that with the right support, understanding and empowerment, individuals can achieve their full potential. This Report details our progress towards achieving our Vision over the last twelve months. DESCRIPTION OF SERVICES AND OPERATING BACKGROUND We are a charity which works with and beyond addiction to inspire change. We are committed to working for the benefit of communities to prevent people from being socially excluded, to address the needs of people with substance misuse problems, those who are in recovery and those affected by addiction and its associated consequences. THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST We lead and innovate where the constellation of substance misuse, trauma, offending and abuse lead to severe and multiple deprivation which impacts on whole familie5 often perpetuating problems from one generation to the next. We will continue enthusiastically to champion our belief in the capacity for personal change and growth and to promote the values of recovery from addiction. In the year ended 31 March 2025 we provided, at any one-time, residential treatment bedspaces for up to 44 clients,. recovery housing and support opportunities for 18 clients- support for women from each of our Women's centres in Gloucester, Swindon, Somerset, Bristol, Carmarthen, Cardiff, Newport, Swansea and HMP Eastwood Park- and hub recovery centre activities in two hospitality venues, through education provision and within our maintenance activities. The need for, and demands of, our services continue to increase year on year. We have witnessed a year shaped by challenge and change, yet defined by the remarkable strength and resilience of those we serve and the unyielding commitment of every member of our team. The past twelve months have called upon us to adapt in ways both expected and unprecedented. The evolving landscape of social need be it in health, housing, addiction, or justice - has demanded creativity. agility, and a renewed sense of purpose. At the heart of Nelson Trust's work is the unwavering belief that every individual has the capacity for change, with the right support and the right to a life free from harm, substance use and justice involvement. Ensuring the sustainability of our funding is key, given the complexity and diversity of our income streams. Our strategy focuses on maintaining a balanced portfolio of income sources including grants, donations, partnerships, contracts and social enterprise activrties. We are focussing on the long-term sustainability of our funding through strengthening partnerships wrth existing donors and exploring innovative financing options. We focus on enhancing our financial resilience in the current economic climate by improving our cost management practices and building robust reserve funds. These measures are designed to mitigate risks associated with funding volatility and to secure a stable financial foundation for our future growth lin terms of reach) and development, and mitigating the risk associated with reliance on single sources of income. These efforts are crucial in sustaining our mission and expanding our reach to serve our community better. Reserves are not just about financial Stability; they also enable us to invest in strategic initiatives and innovation. By maintaining adequate reserves, we can Seize opportunities for development, such as expanding services, investing in new technologies and launching new programme5. Despite the challenging and often uncertain environment in which the charity operates, we have continued at pace to deliver our strategic objectives, and 2024125 has been a successful year for the charity. STRATEGIC REPORT, ACHIEVEMENTS AND PERFORMANCE Strategic Aim Our strategic aim is to extend the depth and breadth of our services, and to this end we created a 5-year Strategy in 2021. Our Strategic Plan Our 5-year Strategic Plan set five objectives for 2021-25 across all of our activities: Quality- We strive to offer services which truly respond to the needs of our clients. We value the expertise of lived experience to both co-produce and deliver innovative services. We will ensure that our Services are safe. effective, caring, well-led and responsive to our client'5 needs. > People- Our people make The Nelson Trust what it is. We will attract and retain the best people and enable each member of our team to fulfil their potential by providing a working environment where they can feel valued for what they bring to the Trust, achieve and sustain a work/life balance, and feel engaged and stimulated in their work. THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 1415.zOtS THE NELSON TRUST > Sustainability - We can only make a transformational change in people's lives if we can be confident in our ability to sustain services over the long term. Achieving operational and financial sustainability is therefore key to our strategy. This will come through extending our reach, diversifying income streams and improving internal efficiency to ensure that we are a modern and financially stable organisation. Reach - More people than ever need our services. Although growth is important, it is not the driving factor behind our ambition to extend our reach. We are focused on ensuring that as manv people as possible can access the services they need, whether they are provided directly by The Nelson Trust, by other agencies, or in partnership. We will actively pursue partnership opportunities and innovative methods of delivery to achieve greater reach. > Innovatlon- We will create tomorrow's best practice today. We have taken the following action against these objettives during the year.. > We achieved Gold award for Lived Experience Charter, an NHS England Health and Justice initiative which demonstrates that our organi5ation has quality standards, best practices, and a commitment to improving the inclusive recruitment and retention practices of people with lived experience of criminal justice. The Lived Experience Charter breaks down barriers, challenges unconscious bias, and negative assumptions about the recruitment of people with lived experience and creates systemic change across organisations. This will require a cross-organisational approach to improving our current systems and processes for lived experience staff. > We joined Social Value UK, the professional body for social value and impact management in order to assess. and measure, our social value- > We continue to work to develop local whole system approaches I"WSA"l across our geography. this includes developing relationships and collaboration with local partners and departments. > We continue to drive forward tools such as the Women's Risk Needs Assessment {"WRNA"), with plans to replace existing assessments across our geographical areas to support keyworkers to prioritise interventions according to specific needs, improving the client journey and service qualitv; > In April 2024, the Gloucestershire Drug and Alcohol Service came under the direction of Via. with The Nelson Trust commissioned to manage the Women's, Families, Aftercare and Volunteer Coordination components,. > We opened our refurbished women'5 centre in Bristol. and are 5ucce55fully delivering more groups and services-since opening; > We extended our services further into Wales, opening a women's centre in Newport, which later received a visit from HRH Prince William, and a mini hub in Carmarthen which was awarded Highly Commended at the Wales Safer Community Awards for our commitment to delivering support across rural Wales. > We raised £30,000 in our Somerset Women's Centre for a vehicle, aiding outreach in rural communities and partnering with services like the Somerset-wide Integrated Sexual Health Service: > We secured money, via donations. to replace our SWOP van in Gloucestershire. A5 we further develop our services across Gloucestershire particularly with our new drug and alcohol contratts the van will support further accessibility and reach of our services; > We secured funding to implement the severe Weather Emergenry Protocol in our Gloucester Women's Centre which is activated by the local authority. We provided a safe, warm space for women sleeping rough when temperatures dropped below freezing or severe weather warnings were issued. io THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST > We continue to implement and enhance our digital systems and use of data capture through the use of Al, software, apps and platforms to aid growth, productivity and 5USt3in3bility to improve quality, efficiencies, accuracy and assurance on governance examples include implementing a digitalised Health and Safety and Compliance system to be used to monitor planned preventative maintenance and internal compliance - improving our overall Health and Safety across the Trust; investment in an integrated HR and payroll system,. we reviewed our volunteer management system and recruitment process implementing a new recruitment system at the end of the year to improve efficiency and establish ing a more robust and auditable recruitment process; increased automation of reporting and use of PowerBI- and introduced an online expenses applicatiorb- each enhancement supports the modernisation of our systems and processes to enable growth, support ongoing sustainability and enabling the Trust to report more effectively,. > We shared our expertise through external training and so extended our social impact and national profile as field leaders.. > We were commissioned by the Jabbs Foundation to undertake a further review of the implementation of the Centre of Justice Innovation research recommendations of women's experiences of treatment across the West Midlands; > We are working with Cardiff University to evaluate the experiences of women in Wales who have been imprisoned in England. Such research is critital to improve women's experiences and to recommend alternative responses such as community sentences and Women's Centre support; We partnered with Alcohol Change UK and co-produced The Feeding Recovery Handbook.; > We invested and increased our training, development and volunteering opportunities, and successfully completed another year of the workforce development programme, enhancing our existing work ensuring they align with key local needs; > We improved upon the Opportunity Hubs offering, significantly increasing training and workshops available, and providing more volunteering opportunities whilst completing peer mentoring qualifications. Welcoming around 60 visitors a day, the Hub Academy offers 18 groups throughout the week, including Woodwork, Stained Glass, and Creative Writing. The Sober Parrot unveiled newly refurbished menu, and is now open Wednesday to Saturday, and The Clean Plate was refurbished. opening to the public at weekends. Both venues are being used in the week by the recovery community for courses and group work; Our Hub catering team continue to cater for many internal and external events, as an example. they catered for Bishop Rachael Treweek's summer garden parties, were privileged to prepare and serve delicious food for The Archbishop of Canterbury 35 part of the Archbishop's Big Mission Weekend in Gloucestershire. Our event5 and catering offers meaningful volunteer opportunitie5 for clients and wider staff, and demonstrates the high quality that we produce- In April 2025, we successfully introduced an equitable pay framework despite facing challenges such as changes in National Insurance Contributions and increases in the National Living Wage. This new framework aimed to ensure parity and equity across the org3nisation, maintaining a fair and transparent salary structure. Despite the financial pressures, the Trust remained committed to recognising and rewarding the hard work and dedication of it5 employee5, ensuring that all roles and contributions were appropriately remunerated. In summary. we continue to Reach more people who need our help through the delivery and development of high quality service5,' we continue to develop our strongest assets- our people. We continue to focus on organisational sustainability building localised partnerships, enhancing our mixed funding model. The WRNA which spans all of our strategic themes will be critical in gaining by-in both locally and nationally and solidifying Women's Centre's position in being best placed to address women's offending and unmet multiple needs. Finally, we continue to Innovate, developing and piloting new approaches such as One Wales, the opportunity hubs and enhanced casework models. li THE NEL50N TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST Plans for future periods- What do we intend to do next? > With a new Chair of Trustees and CEO in position, we will refresh our strategy to enable us to effectively drive business planning. Whilst we anticipate that there will not be any major changes to the overarching organisational strategic themes, a refresh will support a balanced refocus of organisational priorities a nd adaptability to changing circumstances. Since the formulation of the strategy four years ago, the internal and external environment has undergone significant changes. A refreshed strategy will enable us to respond to these changes, align and ha rmonise our priorities, and maximise our social value in a challenging and competitive context. The teams continue to work tirelessly to secure funding to enhance our service provision and reach more women and their children. Examples of funding to deliver services from l April 2025 include integrated Non-custodial Services delivered across Avon, Somerset and Wiltshire in partnership with AWP (delivery will include Liaison and Diversion, Reconnect and Young Girls {Wiltshire onlyll; Integrated Non-custodial Services delivered across Gloucestershire in partnersh ip with Gloucestershire NHS Foundation Trust (delivery will include Liaison and Diversion and you ng girls); and Drug and Alcohol Services delivered across Bristol and BaNES in partnership with Turning Point. Open further women's centres in Wales to increase our reach and accessibility of services.. a women's centre in Rhondda Cynon Taf will be opened in the financial year 2025126; > Further develop residential, processes systems and staffing to ensure we remain at the forefront of innovative approaches to residential addiction treatment and recovery,. > Continue to develop partnerships, to share expertise, best practice knowledge and develop quality services,. > Continue to champion systems change, co-commissioning approaches, and leadership locally to bring partners and systems together. For example, our Director of Recovery Services chaired the Women's Treatment Working Group - a collaborative initiative aimed at improving the treatment and support for women in drug and alcohol recovery- for a year,. and we continue to work with the OPCC in Wiltshire to co-chair the Female Justice Support Board; > Further embed the WRNA across our women's centres, and introduce the WRNA to our services in Wales; > Further embed ourselves in local support network systems, delivering services under our WSA; > Further enhance our offer within the residential substance misuse sector, as a provider of end to end support for those seeking support with addictions.. developing our relationship with Via to establish a pioneering women-only detoxification centre, combining Via's extensive experience in inpatient detoxification with The Nelson Trust's insights ensuring that women's experiences are central to the design and development of thi5 innovative centre; > Build upon our existing offer to clients, ensuring we further develop the Opportunity Hubs as a reputable source of volunteering, education, training and employment opportunities. Expand 3 nd diversify the utilisation of each Hub building as a versatile, multi-use space for community partners, our clients and our Services; > Develop stronger links with academic agencies subjecting our services to independent research and evaluation which creates better outcomes for our clients - As an example, we will be working with Jabbs and the University of Birmingham to undertake workstream 3 of the effective Women Centre programme. Workstrearn 3 is the 'enhanced casework model, whereby we will test the theory that 'lower caseloads max 12 women delivering the women Centre model will increase outcomes and further reduce recidivism,. The study will be undertaken in Swindon and Gloucestershire,. > Refine our short- and long-term Estates strategy to ensure our Estates are fit for the future; > Redevelop our women's centre in Swindon in 2025, overseen by the Board E5tate'5 Committee, funded through a combination of our existing reserve5 and targeted fundraising efforts; > Hold the first Gloucestershire Recovery Festival in Autumn 2025; > Implement and enhance digital systems further, as appropriate, including CRM'S for Women's Community Services and Recovery Services. 12 THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST Impact We set out below information on our impact, achievements, and activity, in the past year, together with client feedback. A copy of our unaudited annual review of January to December 2024, is available on our website (Annual- Review-2024. df nelsontrust.com The review encapsulates a year of remarkable achievements and unwavering dedication by The Nelson Trust, showcasingthe transformative impact of our programmes. The Nelson Trust's holistic approach, including community services, residential support, and in novative progra ms like the Hub Academy, has transformed countless lives. Our 5ucce5S IS 3 testament to the tireless efforts of our staff, volunteers, and the generous support from donors and the public. This review is a powerful reminder of the impact that compassion, dedication, and community can have in creating a brighter future for those in need. You will find inspiring 5u¢cess stories, update5 on our strategic initiatives, and a comprehensive overview of the milestones achieved throughout the year. Recovery Services Our residential treatment programme is one of the longest established abstinence-based services in the UK. Since 1985 we have provided trauma-informed residential rehabilitation to clients across fiftv nationwide referral pathways. Our referra Is have been increasing year on year. During the financia l year we had 298 referrals, 76% of which were for our women-only houses and 24% to our men-only residential rehabilitation support. Year on Year Referrals loo% 63% 67% 70Y. 70% 76% so% 37% 33% 30% 30% 24% 0% 2020-21 2021-22 2022-23 Fernale • Male 2023-24 2024-25 Our residential programme's success in helping our clients recover from addiction and alcohol abuse has provided it with a national reputation for excellence and innovation. Our service delivery model is based on the Recovery Capital model delivered through a trauma informed approach. This approach was co-designed with Professor David Best and a cohort of residents during the Covid-19 pandemic. A key feature of our recovery services offer is the delivery of a range of effective intervention5 across the range of recovery capital domains.. Social, re13tion31, community, personal and emotional. From day one of entry into our residential service, through to complete independence from services and employment, The Nelson Trust offers support. Our clinical infrastructure enables us to work effectively with complex needs and co-morbidities, and we Support clients across all areas of need, except detox. In 2024-25 we assessed 244 clients, the most common unmet needs our clients present with are shown in the table below. Needs ofclients assessed Client involved in selllng sex 24% ving in temporary accomodation 29% Client was a care leaver Ill￿1￿￿ 30% No qualifications ￿ 33% self.harm history 44% Experienced sexual abuse as a child 58% Diagnosed with a mental illness 89% 20% 60Y0 loo% 13 THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST We welcomed 73% of people we assessed. As a result, we ended the financial year with a 90.7% and 90.3% bed occupancy in our residential and resettlement houses respectively. An example of feedback shared by a client on their experience of our residential Service.. he Nelson Trust hos helpedme sove my life. I'm over 11 months cleon ond sober. My life i5full of ble5sing5 now ond I couldn't have got to this point without the help and love I receivedfrom eoch und every member of stofffrom the doy I walked An. I'm living in u dry house with Nelson und still have the supportfrom them. I highly recommend them and wont to thonk everyone who hos supported me through the beginning of my recovery journey- During the year, a total of 169 clients were admitted into our residential rehabilitation houses. Our dedicated resettlement houses welcomed 35 clients who received support as they transitioned into the community. In April, the Gloucestershire Drug and Alcohol Service came under the direction of Via, with The Nelson Trust commissioned to manage the Women's, Families, Aftercare, and Volunteer Coordination components. Over the past year, the Women's Recovery Practitioners provided specialist support to over 101 women with multiple unmet needs. The Family Focus Team, who support families to recover from the impact of substance use, has supported over 55 families and 115 children; and the Recovery and Aftercare Programme, supporting men and women across Gloucestershire, helping clients to build on their recovery capital by offering structured aftercare interventions. In 2024, the programme received a total of 160 referrals. with over 30 clients completing the course, and over 50 still actively engaging. Residents within our recovery housing undertake 4 days of meaningful activity to ensure a meaningful connection with community activrties to further develop recovery capital. In 2024/5 our volunteers donated 1,328 hours of theirtime at our Hub Academy, 396 hours to our fundraising and Èvents, and 965 hours at our Common Ground Community Garden. At the Hub Academy. our ETE centre, training and workshops offered saw a significant increase. Now welcoming around 60 visitors a day, the Hub Academy offers 18 groups throughout the week, including Woodwork, Stained Glass and Creative Writing. During the year, we had 36 clients complete their Level 2 qualification in Peer Mentoring training enabling them to volunteer their time to support peers in 1-2-1 sessions and group facilitation. Staff, peer mentors and volunteer tutors delivered 2,184 group interventions and activities, including: Mental Health interventions.. art therapy, group therapy, dog therapy, music therapy, drama therapy. Psychosocial interventions.. Helping Men Recover. Griffin Group. Parents in Recovery, Pattern Changing Group, Step Work for Women, Emotional Management Group. Recovery capital interventions.. Peer evaluations, Volunteering, Client Council, Community meeting, Relapse Prevention, House meeting, Assignment, Faith based artivities. Complementary therapy interventions-. Acupunrture, Nature Walks, Yoga, Mindfulness. Education, Training & Employment activities: Woodwork, Stained Glass, Pottery, Creative Writing, Literacy and IT sessions. Leisure, Cultural and Religious activitie5: Yoga. gym, away day5, Faith-based activities, baking competitions, Rounders, etc. Clients also accessed over 1,600 weekly 1-2-1 meetings with recovery workers attended over 853 individual counselling sessions, on average each client attended 6 sessions during their treatment journey. We also run two recovery cafes in Gloucester and Cheltenham, offering employability skills tothose wishing to access or return to the hospitality industry. The cafes offer an opportunity to build social connertions with both the general public and others with lived experience. Both cafes offer multiple mutu313id meetings and our sub-commissioned aftercare Service is run from both site5. Clients being supported through recovery services also access a regular calendar of social events run by- and-for people with lived experience. The Clean Plate hosted a number of Lived experience Recovery Organisation ILEROI 5oci31 Activitie5 events for the Recovery Community during the year, with over 400 attendances by the wider recovery community and clients from our Women's Community Services, Aftercare, Residential Services and Recovery Housing. From quiz nights and bingo to silent disco's, sauna 14 THE NEL50N TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSONTRUST and cold water therapy, we have seen growing attendance and positive feedback. Feedback from clients attending the events was positive, with remarks such as.. "Ifound the events ot the clet7n plate really goodfun eventfor my recovery ond to meet up with likeminded people and companions I hope they continue I think there reolly worth it And it helped my confidence to be un in groups of people I don't know ond it wos like o Ilttle community I reolly do uppreciate it and I con't waitfor the next one". "I havefound the events reollyhelpful in my recovery to meetnewpeople in 0 5afeplace andhovefvn without hoving to use substances. l am lookingforword to the next on this month". Building on this success, we have a full calendar of events proposed for 2025/26 and are collaborating with our partners to plan Gloucestershire's first Recovery Festival in September 2025, aiming to celebrate recovery, provide a platform for sharing inspiring stories, and foster a sense of community among those on their recovery journey. Volunteer5 Peer mentors, tutors, gardeners and other volunteers contributed over 2,500 volunteer hours to the running of the Hub Academy activities and our Common Ground Community Garden in Gloucester in partnership with Gloucestershire Community Foundation. At the start of 2024, our Common Ground Community Garden was just mud and bricks. But with 520 hours of volunteers, time, we created a pocket oasis that was officially opened for the community to enjoy. Ourgarden is more than just a place to grow fresh produce; it's 3 hub for bringing people together, fostering a sense of belonging, and nurturing a deep connection with nature. The garden is accessible and inclusive of the local community, volunteers, groups interested in hiring the space, and open to everyone using or working forThe Nelson Trust. Alongside ourfree weekly activities, we host free workshops and other events throughout the year for everyone to enjoy. We have had over 500 visltors to the garden since its opening in 2023. In our Women's centres, we offer unpaid work placements in a safe gender specific space. Volunteers at the Nelson Trust Women's Centre play a vital role in supporting women facing complex challenges, including trauma, substance misuse, homele55ne55, and involvement in the criminal justice system. By fostering trust. providing both practical and emotional as51Stance, and empowering women through various activities and skills training, volunteers help individuals regain confidence and create pathways towards independence. Their contributions not only meet the immediate needs of vulnerable women but also help reduce reoffending, improve public health, and break the cycle of di53dv3ntage in the wider commuDIty- Volunteering at the Centre also allows individuals to develop valuable skills, gain a deeper understanding of social issues, and find a strong sense of purpose. The diverse experiences and innovative ideas that volunteers bring help the Centre extend its reach and maintain its flexibility and sustainability. Through their commitment, volunteers enhance the Centre's Services, inspire social change, promote women's rights, and contribute to building a caring and resilient community. Volunteers facilitate creative work5hop5 such as art therapy and mindfulness sessions, which provide safe spaces for self-expression and emotional healing. They also offer practical support, such as assisting with housing applications or accompanying women to medical appointments, acting as advocates in complex situations. By leading peer support groups. volunteers help women connect, 5h3re experiences, and build confidence. Additionally, practical 5kill-building in areas like budgeting, cooking, and CV writing equips women with the tools needed to achieve independence. 15 THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST Women's Community Services By working in collaboration with multiple organisations and contributing within multiple forums, we ensure the women we support have their voices and experiences heard to shape future services. During the financial year we had over 4,100 new referrals to our Women's Community Services NEW Rplerral by WDm•n'5 CornrnuThity S•r¥i<• Ar*as 1.500 We worked with over 5,700 women across our Women's Community Services in Gloucestershire, Wiltshire, Somerset, Bristol, and Wales. wa￿$ Iseulh w/Dy-PolGv¥l Somerset & 8risliil Swlndoft & Wiirshii<' Glouce5ter5hlT 5tsJ 1500 7.COO We delivered over 27.000 1-2-1 and group interventions, 9,010 outreach sessions and 986 multidisciplinary meetings working alongside women to holistically address a wide range of unmet needs. We continue to work to develop local whole system approaches across our geography, this includes developing relationships and collaboration with local partners and departments. The Whole System Approach I"WSA"} is a holistic methodology that recognises the interconnected nature of the challenges faced by women in the justice system and seeks to address their diverse needs in a coordinated and compassionate manner. By fostering collaboration between statutory agencies, voluntary organisations, and community resources, thi5 approach ensures that women supported by The Nelson Trust receive personalised, wrap-around care that considers their physical health, mental wellbeing, housing, relationships, and safety. Such integrated support not only reduces the risk of reoffending but also empowers women to build resilience, regain control of their lives, and re-engage with society on their own term5. For The Nelson Trust, adopting the WSA means creating a supportive environment where women can access the right interventions at the right time, ultimately enabling real and lasting positive change for them and their families. We are committed to developing relationships and collaboration with local partners and departments. Our commitment to improving the lives of women involved in the criminal justice system is evident through the introduction of the Women's Risk Needs Assessment I"WRNA"}. We recognise that many women who come into contart with the justice system have experienced significant trauma, including abuse, substance use, and mental health challenges. Makingtailored, trauma-responsive support essential to support women to move away from the justice system and thrive within their communities. WRNA is an internationa Ily validated, gender-responsive and trauma-inforrned assessment tool. It predicts the risk of re-offending and provides a consistent evidence base of the effectiveness of our work with women with complex needs. In 2024, 427 women have been assessed with the WRNA. This initiative started in 2020 through our collaboration with the University of Birmingham, the JABBS Foundation and other Women's Centres from across England. The WRNA serves two important purposes. Firstly, it immediately benefits women as Centres use it with new clients to tailor support to their specif ic needs. Secondly, it 16 THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST generates comprehensive evidence needed to substantiate the effectiveness of Women's Centres in holistically addressing the needs of justice involved women and women facing multiple disadvantage, which can inform effettive and efficient policy decisions. Research from the University of Birmingham has shown that specialist, gender-informed interventions can be up to 42% more effective than generic approaches in reducing reoffending. Community-based support through women's centres is not only more effective than prison, but also more cost-efficient for the public and helps keep families together. On l April 2024, our new One Wales Women'5 and Young Adult's Service was rolled out atross Wales, thanks to significant investment made by HMPPS, the South Wales and Gwent Police and Crime Commissioners and Welsh Government. Our One Wales partnership service is an innovative partnership of local and specialist organisations. This new service, delivering sustainable improvements to the outcomes and experiences of women and young adults throughout their justice journey in Wales, is a key example of how a whole system approach can be delivered in practice. Our whole system approach meets women and young people at all stages, including those who may be at risk of entering the system, offering suitable bespoke packages of support and interventions. During the first year, the service received 2,605 referrals including 501 to the young adults service and 2,104 to our women's service. The Nelson Trust first started working in Wales in 2020. opening the Cardiff Women's Centre. In 2023, we opened the Swansea Women's Centre. In 2024 HRH Prince William visited our newly opened centre in Newport, which provides a safe space for women to access one to one support, group interventions and activities. The centre offers an onsite creche, washing and cooking facilities, co- location of specialist agencies and services and 3 large dining area for lunch clubs and events. We also opened a mini hub in Carmarthen offering services across rural Wales. The Hub offers muti-agency, gender responsive space, providing holistic support to women in Dyfed-Powys with multiple vulnerabilities and complex needs, in partnership and collaboration with third sector and statutory services. This initiative, partially funded by Police and Crime Commissioner PCC Dafydd Llywelyn. forms part of a broader effort to provide gender-specific support in the Dyfed-Powys area. The Carmarthen Women's Centre will serve as dedicated resource for women experiencing issues such as domestic abuse, addiction, homelessness, and mental health struggles. Police and Crime Commissioner Dafydd LlyweSyn attended the opening ceremony and praised the work of the Nelson Trust. 'We t7re proud to providefunding supportfor this Vltal initit7tive, ensuring that women in our areo hove occes5 to the services they need is u keypriority. This new centre will moke o Teol difference in the Ilves of mony women in our community." We will continue to deliver and enhance our services for women on probation orders and further develop our services in HMP Eastwood Park to include women on remand as well as ensure continuity of care and support from prison through to the community. Our service to support women on remand in HMP Eastwood Park went live I September 2024. Too many women are being remanded and approximately a quarter of women in prison are there on remand. This is de5Plte the fact that the vast majority are assessed 35 posing only low to medium risk of serious harm to the public, and the majority of women committing low level, non-violent offences. Some women in contact with the criminal justice system who are considered to be in 'mental health crisi5' are being remanded to prison for their 'own protection, or 'as a place of safety,. Many women who are remanded in custody do not go on to get a custodial sentence and yet their lives can be destroyed as a consequence of being separated from their commun ities and families during their time on remand. This service is crucial to ensure that women's situations are not exacerbated further and that women's centered support is offered. We are working closely with the HMP EWP pre- release team to ensure effettive and timely referrals. In May 2024 we secured funding from Swindon Borough Council to deliver a Family Support Service, receiving referrals for 75 women which also includes 170 children. Out of the 170 children, 55 of them are open to Statutory services at Child Protection Level and we are engaging in professional meetings such as ICPC, Core Groups and Pre-proceedings. 17 THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 IgB5 tsIS' THE NELSON TRUST Somerset Women's Centre secured continuation funding for the Nation31 Lottery funded Change programme, supporting women with complex needs. The addition of peer mentoring has been successful, with groups now active at the centre. The Pause programme, now called Rise, was taken in-house, easing eligibility restrictions to support more women at risk of pregnancies ending in care involvement. Volunteering has flourished, with 2 volunteer receptionists and 2 group facilitators. They raised £30,000 for a vehicle, aiding outreach in rural communities and partnering with services like SWISH. Also, their student counsellor and EMDR offering have expanded our reach to more wornen. We secured funding to implement the Severe Weather Emergency Protocol in our Gloucester Women's Centre which is activated by the local authority. We provided a safe, warm space for women sleeping rough when temperatures dropped below freezing or severe weather warnings were issued over the winter months. Over the course of 28 nights, we were able to offer women a hot meal, a warm shower, and a bed in a safe, women-only space. Our dedicated team worked throughout the nights to ensure every woman wa5 SUPPOrted. Our lunch clubs have a huge impact on the wellbeing of our women and social dining is a vital part of their journey. We partnered with Alcohol Change UK and co-produced a 'Feeding Recovery Handbook,. This highlights the value of communal spaces, nutritionallemotional value of eating collectively and having access to lunch and breakfast provision with freshly prepared food. The initiative was funded by Welsh Government, led byAlcohol Change UK. The Nelson Trust contributed towards the research gathered, along with Barod. and as a result 3 40 page handbook was prepared on the findings to provide overview of shared learning from our lunch clubs, women ac¢e55ing a daily meal, preparing and sharing meals, and their experiences. Art therapy has many functions - being restorative, developmental, educative, resourcing, and supportive and can provide a therapeutic intervention as a way to communicate and explore thoughts and feelings that can sometime5 be difficult to talk about. We offer art therapy in many forms across our range of services, and we seek funding to run groups across our Women's centres to bring together women who might have never met and share their experiences and sUPPOrt each other. Through these sessions, participants build strong relationships and a sense of belonging. Art therapy provides a safe space for emotional expression and healing. reaching beyond sessions into lives and interactions within the community. Our centres have had the opportunity to exhibit theirartwork overthe year at many locations- one example was the Gloucestershire Gateway Trust Community Gallery who presented Photography by The Nelson Trust Health and Arts Groups. The group were encouraged to focus on wellbeing, promote active lifestyles and reconnect with the local community and one another. The gallery shared a selection of the group's favourtte shot5 taken in and around Gloucestef. At another centre, one client voiced how art therapy makes a difference: "Art therapy hos profoundly helped me monage my anxiety und h05 enhunced my overall well-being. The skills ond insights I've gained have not only improved my mental health but huve olso positively impt7cted my relationships und dt7ily inter¢7Ctions. This healing has extended into my home life, benefitting my family os I bring the proctices ond stobility I've developed through this theropy into my everydoy life. Art therapy offers ongoing support thut cultivotes resilience, emotionol expre$5ion, ond mental health stobility over time. For those of us who may not have eosy acce55 to othermentalhealth re50urce5, art therapy is o crucial lifeline. It Is a life-changingservice thot empowerspeople like me to lead healthier, hoppier live5 tind creote a more p051tive impoct in our cornmunities. Another example, the Art Psychotherapy group in Cardiff ran over a 24-week period in 2024125 The women were offered a safe space to explore their own creativity, reflect, and make connettions between P35t and present experiences and with one another. The women were provided a confidential, non- judgmental. safe space to share these experiences, also offering a space where they voiced feeling less isolated. The group explored their personal diff iculties, whilst supporting their understanding of their strength5 and potential whilst also developing confidence, motivation, and creativity. It offered a safe space to share personal narratives, stimulating dialogue and opportunities in exploring dialectic theme5 18 THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST encompassing safety, protection, relationships and trust, identity, vulnerability, control, and resilience and relationships. Our therapist was also able to offer women on the CJS pathway in Cardiff an opportunity to apply for the Koestler Awards for arts in criminal justice. One client won 3 awards for her artwork and Cardiff Women's Centre ha5 now been recognised as a Koestler Award Winning Establishment. In 2024, we won awards recognising our outstanding work in the community with women, solidifying our title as a Centre of Excellence. During the summer. our Gloucester Women's Centre was a fina list in the Circle 2 Success Community Award. receiving a Highly Commendable recognition. At the end of the year, our newly opened mini women's centre in Dyfed Powys was awarded Highly Commended at the Wale5 Safer Community Awards for our commitment to delivering support across rural Wales. Additionally, we took home gold at the Careers Matter Lived Experience Charter as recognition of our commitment to supporting individuals with lived experience in building their careers. Our ability to consistently achieve excellent outcomes for our clients, and alongside this, meeting the requirements of our funders, underpins the Trust'5 ongoing success. The Trust is committed to delivering high-quality, trauma-informed care that addresses complex issues such as addiction, mental health, and domestic abuse. Our holistic approach not only transforms the lives of the people we support but also ensures we fulfill the expectations of our funders. Our commitment to excellence and accountability has enabled us to expand our services and reach across our regions, thereby enhancing our impact and securing continued support from our stakeholder5. Fundrolslng ond events Our fundraising events programme were an outstanding success, thanks to over 750 incredible supporters, generating income of over £IIO,000. We are especially grateful to our sponsors of our events, as well as the Gloucestershire Fundraising Committee. our employees, volunteers. and supporters who make these events possible. Support at events through expanded relationships help us to deliver greater impart and outcomes forthose we Serve, as well as adding value to local services. Impart upon the lives of clients The people accessing our services have always been at the centre of our mission and will alway5 inform the delivery and development of our services. Their unique perspective5, experiences, and voices shape the core of what we do. In the past year, we have continued to prioritise and enhance our commitment to empowering and sUPPOrting the individuals we support. The support delivered by the Nelson Trust make5 a significant difference to lives of those whom we support, as expressed in their feedback. We are continuing to develop the way that we measure the irnpart of our range of activities for our clients. In 2024. Hope, an inspiring film by John Miller was produced, which showcases the impact of kindness. and features staff members from The Nelson Trust discussing their own recovery journeys. One story has been extrarted and you can watch it here.. htt outu.be CAIO E91-zk As part of our 40th anniversary celebrations in 2025, we're proud to share a collection of quotes from our social media campaign, 405toriesfor40 Years. These powerful reflection5 come from individuals who have been supported by The Nelson Trust through our women's centres, residential treatment houses, and recovery and aftercare services. Each story offers a glimpse into their personal journeys and the impact of our work over the years. *Their names h(7ve been changed to protect their identity. You can read the full stories on Instagram, Facebook, and Linkedln by searching @TheNelsonTrust, or visit our webstte Our Communit The Nelson Trust. 19 THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST The centre has been a 9od send to me. Not only are the staff lovely but I have met women Irom all wèlks of life. I wès once in the doldrum5 and couldn't see a way up. but WFth help from the centre l am an èwlul lot further on in lrfe than I was before and lor that I will be eternally grateful to the kty workers I have had. I'd like to say thank you to The Nelson Trust because if I didn't kept to The Nelson Trust. I wouldn't be here tt)day. I wouldn't survive. to surrfive many more happy years to be here for my children. 66m I'll never forget my keyworker saying she would hold my hope for me until I could start to see it for myself. Marie" Kim. Cassie 66 The staff are just out of this world. There's not one single person that doesn't try to help you in their own way. It's very individual care and. it's not being dramatic. I actually owe my life to Nelson. I reached out to the Women's Centre at a full-grown point of crisis after hearing about The Nelson Trust through a friend. I've been so lucky to benefrt from some of the groups. therapies and support I found here. I've got 50 much gratitude because I'm just completely a diflerent person lo whal l am, what I was before I came here. And l just want to say thank you to The Nelson Trvst for saving me making me the person I am today. - Sara. Lucy. Anna The Ne159n Trust has helped me immensely Ihroughout my time coming here. With the help of them, I've changed my whole tife around. and myself fof the better. l am clean off drug> I have a lovely flat. my beautilul youngest son with me and l am now employed by The Neisoft Trust something that I've alway5 aimed for al￿ wanted. The Nelson Trust didn't just rehabilitate me - they gave me a reason to live... We are clean. We are brave. We are strong women with voices that are finally being heard. 66 The Nelson Trust just gives you that this is the world, you can be 3 part of it. Michelle. Rachel* Kelly. 66• I feel that without services like the women's centre. my recovery wouldn't have been Possible. I had no other safe place to turn to. and now it's only fair that I give back to other women and hold my hand out and say'l know the way out.. My experience of The Nelson Trust is that it's magic. The staff that work here. they re just beautiful women. They show you that there's a new a new way of life out there for you. I didn't care if I died before I came to The Nelson Trust. Now I care deeply about my life. It's safe here, it's safe. I've never felt safe before. Nicky" Norma. 20 THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST We have included a selection of case studies a nd client voices, below, which sets out the impact upon some of our clients who have benefitted from our services. We have changed their names for confidentiality.. Emlfy's story Emily wos referred to The Nelson Trust Women's Centre in Cordiff to occess sUPPOrt ocr055 o variety of needs. Emily had been in an extremely obusive ond violenr relotiunship ond wos pregnt7nt with herfir5t child. Socia15ervices hod become involved due to the domestic obuse ond Emily realised thot she needed toflee the relutionshipfor the sofety of her ond her child. Following a stay in o refvge Emily needed sUPPOrt to occess more suitable accommodation ond she oskedfor support with LTddres5ing her cannabis Use, a5 she was infvrmed that continued use could result in her baby being removedfrom her core. Emity hod been using ct7nnabis in ottempt to cope with the trouma she hod experienced and she struggled manoging the triggers linked to her post experiences. We Set uboutfinding accommodation ond Emily successfvlly moved into o home oppropriote for her and her boby and received o gront to fvrnAsh the property ond prep17re for the baby. Unfortunotely, following the birth of her child, the baby wus placed intofoster core. Despite this setbGrck, Emily remained determined to advocatefvrherself tynd her doughter. She attended ollsessions ut The Ne150n Trust t7nd demon5troted a high level of engogement WAth support, during which I communicated herprogress to hersociol worker. Remarkoblyi Emilysuccessfully ceosed her connobis use ond underwent regular drug testing, with all re5uIt5 returning negotivefor illicit substances, including CGrnnabis. She con51Stentty ottended monitored vislt5 Wlth her doughter, odhering to oll guidelines ond regulotions related to these visits. Emily purticipoted in 0 12-week 'Pottern Chon9ing' domestic obuse progrom, ottending weekly se55ions and engaging efftctively. She reported increosed awareness of warning signs of abuse t7nd felt 5ignifict7ntly more empowered ofter Completing the course. During thAS time, she receAved confirmotion that she could reguin custody of her doughter, t7 testt7ment to her hord work ond remorkable progre55. In thefinolse55ion of the Pattern Changing program, thefoster caregivers returned her daughter to Emily ot the Women's Centre. This wus a very hoppy and emotional time in the Women's Centre for oll women accessing the Women's Centre t7nd the members ofstoff, including Emily, us they were able to reunite without the presence of social worker5. Emily continues to engage and hos expressed her deep 9rotitude for the support provided by Nelson Trust, noting that the osslstonce she received ht75 hod a profoundly positive impoct on her life. Emily continues to bring her doughter into the Women'5 Centre, using thefucilities that we provideforEmily andher daughter, ottending Mother ond Baby groups ondshe continues to build her confidence daily. Emily hos made the Nelson Trust proud of the hard work t7nd dedicotion thot She ht75 put in to ch17nge her life around ond occe55 the support that She needed. Emily hos been a credit to work with ond we LTppreci¢7te all the hord work that She has Put in with us to ensure u better, sofe ond hoppy life for her t7nd her daughter. Jenn￿5 Story "If I didn't get helpfrom The Nelson Trust I could've ended up ¢7nywhere or I could've ended up back in a relt7tionship with my ex-boyfriend ond taking the abusefvr the rest of my life." I wos involved in o violent relotionshipfor oboutfive yeors. He wosn't like that when Ifirst got with him, he was lovety- By the end the easiest optionfvr me was to help him do the things he was doing rother than have my daughter witness the violence. f I wasn't in thot relotionship I wouldn't have been involved in supplying C105s A drugs. I tried moving house to get away. I stayed at my mum's, and he kicked her door off. The police got called on mony OCC05i9n5 obout the domestic violence, it felt like they just wanted to get drugs churge rother thun o domestic violence charge. I got arrested. He didn't get t7rrested. I ple(7ded guilty to get awoyfrom him. It was a big decision for me, to know that I was going to leave my daughter with my mum, it W05 0 choice of either 5t17ying in that relotionship or going to prison. So, I decided it Wt75 better to lose two year5 of my life ond be t7wayfrom my daughter thon stay in a VAolent relationship that made me want to kill myself neurly every day. Until I got to prison none of myfomily knew what had been going on in my life. He pulled me owuyfrom nearly all myfriends, so I w05 vulnerable, I had no one to talk to. In thefir5t couple of months in prison he wos trying to contort me. Then I storted speaking to the workerfrom The Ne150n Trust and l exploined whot I hod been through. Every single week she come to tolk to me, to see how I wa5 feeling ond check thot I was OK. Just having somebody there to depend on, to know they weren't going to lie to me, they weren't going tofob me off with stories. They were actually there to help me. When it WCIS time fvr me to be releosed, she put me in contoct with the Women's Centre. l already hod o job while I wos in prison. I bought myself o car while inside because I knew when I came home my daughter was Starting 21 THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST secondory schLioI. I hod (J job, so the fint71 plans of me leaving prison was where my doughter and I were going to stoy. I went to my mum's, where my doughter wos living while I wos in prison, but we hod to shore o bed os my mum'5 house is reolly smoll. I needed spoce ofter being in prison so long. rhe Nelson frust offered me o home. If I didn't get helpfrom rhe Nelson Trust I could've ended up cnywhere or I could've ended up back in o relationship with my ex-boyfriend t7nd toking the abu5efor the rest of my life." Katie's Story . It's obout trunsfvrmingpeople into... the people thot they would like to be rt7ther tht7n the people thot hod to come through oddirtion and trauma like my5erf.° So I come to The Nelson Trust olmost o yeor ago octuolly, ond I come stroightfrom the prison service. I knew tht7t when I wos in prison, I reolly neededsome help ond support to try t7nd put my life botk together. I wos porticularly broken, you know, all my relationships were damaged ond I was ret711y wounded. There's been a lot of trauma over the years. and I think I'd just leornt to bury it really deeply. Whot The Nelson Trust has helped me to do is to acknowledge some of the things thot I've been through in my life and to be uble to work with it ond nurture those bits of me thot ore needing to be heoled. You know, I've made some great relotion5hip5 t7nd connections An The Nelson Trust. I now live in supported housing nd I go b(7ck and I volunteer in the residentiol services. I love wotching other women come in that I'm, you know, that I'm sure I'm able to share t7 little bit of my experience with them. Andl've watched them grow und I've watched them change. And, you know, I've watchedo lot of women stay cleun and live hoppy, fulfilled lives with their children ond theirfomilies. And thot's whot it's oll obout. Irs obout tronsforming people into* you know, the people thot they would like to be rother thon the people that had to come through addittion and traumo like myself." Ben's story "Now I've got choice5, I've got hope. I can artuolly visualise a reolty nicefuturefor myself. I can go and do onything und go anywhere ond I'm not choined to the substonce." Two and o half years ago I didn't Wt7nt to wake up. I knew there wos a better life, but I didn't know how to get it. I was poinfvlly Shy as a child ond had a lot of social anxiety. I'm u150 dyslexic and at School I was told I was stupid. I started toking drugs ond drinking at age 12 to cope. At 1715tarted taking heroin, which seemed to help me otfirst but by the time you reolise it's not helping, you're stuck. l used heroin for 18 yeors - half my lift- I'd tried to get clet7n in the past Using different drugs like methodone. I'd been to residentiul rehab before but only lasted two weeks. The last residentiol rehob never reolly oddressed ony of the issues behind my using. I wus clean for four months but mentolly I wos in 17 worse ploce thun when I went in. 8efore I tame to The Nelson Trust, there were o couple of years where I w¢7S just Using and workAng. About two t7nd a half years ago I'd just had enough und decided I'd rother be deod than go on like this. I tried to end my life. I was (thankfullyj unsuccessful but I wos then bock in the sume cycle of trying to get clet7n. The problem is, when you work. you con't getfvnding for treotment. Thonkfullyfor me, my dad offered to pay but I really worry about people who don't have anyone to help them. If I hLTd to say the one thing I think mode the most difference ot The Nelson Tru5t- it wos the stuff. At Nelson, you know how much they core obout how well you do. That makes a massive difference. At the some time, the strJff wererp't htjnting you down to porticipate. I found this better because it put o bit of emphosis on me being responsible for myself. When it come time to leove treotment, I didn't want to go stroAght back into work, so I volunteeredat The Hub Maintain5for ¢7 while. It got me back in 17 Pottern of working every dt7y..- Someone said to me when Ifirst came into treatment- you con do wh(Jtever you want- ond I loughed. I couldn't believe it. 8(Jt I do believe thot now. Now I've got choices, I've got hope. I can actually vi5ualise a really nice future for myself. ond I hove options ond the obility to do whotever I wont. It's lovely, it's freedom effectively. Tht7t I con go ond do onything and go anywhere and I'm not choined to the substonce.. Trevor'5 Story "Now I'm hoppyi heolthy, clean ond honest. I'm willing to do things. Being cleon, I can now make my own choice5. The Nelson Trust has given me my life back.. I cume to The Nelson Trust from prison. 8efore I come, my life was o wreck. I would describe myself os horrible. violent and nasty- I had un abusive childhood. From o young age until I came into rehob, I'd never been cleon from drug5. During oddiction I didn't core about myself. 22 THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST When l arrived, I wanted to turn around and let7ve strL7ight t7woy. It was very daunting and I didn't trust onyone. I 105t my close5tfvmily members and I wonted to die too. It took me o goodfew months to stort to trust the stoff but they kept perseverAng with me. My recovery worker while I wos in detox Stjggested The Nelson Trust because it would help me deul with my troumus. Ifound the counselling ond EDMRfantastic. Before I come here, I wouldn't hove recognised I needed help or oskedfor it, I would have just carried on doing what I wos doing. I've met50 mt7ny good people here who've helped me through this programme. If it weren'tfor the people in here. I wouldn't h¢7ve gotten through it. There's been so many times I felt like walking out of this ploce when times got hurd. It s been on eventfvl journey. I wouldn't like to do it ogoin. It's tought me o lot GTbout myself t7rtd whot I was like bock in oddiction. I wouldn't wont to put myself through thot agoin. Now I'm ht7ppy, healthy, clean ond honest. I'm willing to do things. 8eing clean, I ct7n now mt7ke my own choice5. The Ne150n Trust ht75 given me my lift bock.. FINANCIAL REVIEW Annual Movement in Funds The Trust's Total Funds increased by £2.2m in the year ended 31 March 202512024: decrease of £0.2ml: An increase in total Unrestricted Funds of £2.Om12024.' increase £0.6ml as we build up our designated funds and property portfolio; An increase of £0.2m in Restricted Funds12024: decrease £0.8ml, arising from new funds received towards property improvements. and funding received from Trusts and Foundations, but also reflecting our expenditure of funds to deliver services from funds received in earlier years. Further information on the charitvs Restricted Funds is contained in Note 24 to the account5. Income and Expenditure- Unrestricted The Board recognise5 the need to operate with unrestricted income in excess of expenditure. The operating environment of the hospitality elements of our Opportunity Hubs continues to be challenging, and short- term investment of unrestricted funds in those activities is likely to still be required. Investments and Cash Balances In view of the ongoing uncertainty of the economic outlook, the Trust holds all its cash funds on current and short-term deposit accounts with its bankers, and using short-term deposits through a CAF Charity Deposit Platform account. The CAF Charity Deposit platform gives charities the opportunity to earn more interest income and reduce risk through diversification by providing secure online access to market-leading and exclusive dep051t rates from an extensive panel of banks and building societies. The charity only deposits into approved banks and building societie5 covered by the Financial Services Compensation Scheme. Cash at bank and in hand amounted to £3.8m as at 31 March 202512024: £3.4ml. Cash balances relating to unrestricted funds £2.8m12024'. £1.7ml Cash balances relating to Restricted Funds £l.Om12024'. £1.7ml The Trust also holds unit5 in the COIF Charity Funds "Charities Property Fund Income U nits" in respect of its Permanent Endowment Fund, as set out in Note 24. Reserves and Resetves Policy While our reserves are considered adequate, they alone are not sufficient to sustain the comprehensive and impactful services we offer. The Nelson Trust is committed to delivering high-quality. trauma-informed care that 3ddre55es complex issues such as addiction, mental health, and domestic abuse. These services require continuous investment in skilled staff, innovative programmes, and essential resources. In addition to our operational needs, we face significant challenges in maintaining and updating our estate, which necessitates substantial capital funding. This includes the renovation of existing facilities and the development of new infrastructure to better serve our clients. Revenue funding is equally critical, as it SUPPOrts the day-to-day operations that keep our Services running smoothly. Support from Trusts and Foundations, philanthropists, core funding and fundraising are vital to bridging the gap between our reserves and the actual financial requirements of our projects. By contributing to our 23 THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST funding, you enable us to invest in long-term initiative5, ensuring sustainability and expansion of our reach, enhancing our programmes, and ultimately transforming more lives. Your support ensures that we can continue to meet the needs of our clients, achieve the excellent outcomes that underpin our success, and make a lasting impact on the communitie5 we serve. Other debtors of £2.4m12024'. £0.5ml represents Funds pledged but not yet received which will be used to deliver our services and invest into our Estates in the coming year. Our strategic approach to maintain a healthy level of donations pledged ensures we have the necessary resources to support our operations and initiatives in the coming years, enhances our financi31 resilience and also enables us to continue to deliver high-quality services to our clients, thereby securing our long-term success. The term "reserves" lin accordance with the Charities SORP IFRS 1021 definition) is used to describe income funds that are freely available to help the Trust meet its objectives. Unrestricted General Funds I"Free Reserves"} are represented by the "Total Funds" under our control less 'Restricted Funds" and 'Designated Funds" As at 31 March 2025.. our Free Reserves stood at £1.7m12024: £0.8ml as we build up our property portfolio and support innovative initiatives in the coming months; our Total Funds stood at £ll.Om12024: £8.9m)'. Permanent Endowment Funds being £38k12024'. £38kl' > Restricted Funds being £3.4m {2024.' £3.3ml; > Designated Fund *_ Fixed Asset of £4.7m {2024-. £3.7ml,' Designated Fund ** _ future property investment, maintenance, and strategic development £1.2m12023- £1.Oml,' and Unrestricted General Funds I"free reserves") of £1.7m12024: £0.8ml. Designated Funds are those unrestricted funds that have been set aside by the Trustees for specific purposes. The Trustees are mindful of the need to review and assess the reserves policy of the charity. During the year, restrictions on two properties were satisfied and therefore were transferred between restricted and designated funds. In April 2022, the Trustees formally approved a designated fund for future property investment, future spend on maintaining the condition of owned properties, and the strategic development of the charity's activities. During the year, and prior year, designated funds were released to support building projects and the purchase of our building in Swindon, further projects are anticipated in late 2024125 and beyond. During the year ended March 2025, the Trustees formally designated a further £148,751 towards the Swindon centre refurbishment. Movements in the funds can be found in more detail in Note 24 to the accounts. Over recent year5 the Trust has received a substantial amount of restricted grants to fund service delivery on multi-year projects. Delivery on these projects is in progress. The unspent balance of this funding is held within Restricted Funds. In future years there will be costs on these projects. for which no income will be recognised in future financial statements. The Board of Trustees reviewed the Reserves Policy in response to the Trust's main risks. the general operating environment and current funding streams. The Nelson Trust aims to hold sufficient resources to enable the Trust to- support the investment in sustainable services and to support clients; manage short and long-term risks to which the Trust is exposed; finance future capital expenditure and future plans; and to meet its financial, legal and moral obligations to its clients, employees and volunteers and to all relevant authorities. The Trustees are aware of the need to maintain sufficient free reserves to enable the Trust to support the investment in sustainable services and to support clients. The Policy will be reviewed every two years, alongside regular reviews of the risks facing the Trust, to ensure that appropriate Unrestricted Free Reserves exist or tan be generated. 24 THE NELSON TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST The Finance. Performance and Risk Committee is responsible for regularly reviewing the general f inancial performance of the Trust, its current and forecast Reserves and Cash positions, monitoring income and expenditure against budget forecasts within the context of known risks and the annual and medium-term financial plan. The committee reports tothe Board at every meeting and will alertthe Board to any concerns that it has in respect of these, together with any recommended actions arising from those concerns. This policy is subjett to regular review as the scale of the Trust's operations change. The Board of Trustees review the level of free reserves at each Board Meeting, and are satisfied with their level as at 3 1 March 2025- bearing in mind that, in addition to the free reserves and cash balance, the charity is 3150 able to borrow funds against its property asset base. The balance sheet includes freehold and long leasehold properties at a net book value of £4.70m as at 31 March 2025 {2024'. £4.75ml, and secured borrowings of £121k (2024- £134kl. These figures indicate the Trust's asset strength and its ability to obtain additional cash funds, if needed. STRUCTURE. GOVERNANCE & MANAGEMENT The Nelson Trust is constituted as a company limited by guarantee Iregistered in England and Wales), incorporated on 13 June 1996 and is governed by its Memorandum and Articles of Association. The company is a registered charity and acts entirely as a non-prof it-making organisation. The registered company number is 03211815. The registered charity number is 1056672. There are no subsidiary undertakings. Structure and declslon-maklng process The Governing Body of The Nelson Trust is the Board of Trustees. This currently comprises ten members and meets at least four times a year for Board meetings, one of which includes an 'away" day for strategic planning. Trustees can be appointed or re-appointed at a general meeting or by the Trustees subject to the conditions set out in the Articles of Association. Typically, Trustees are appointed for a three-year term of office and, if eligible, may offer themselves for re-election up to a maximum of 3 terms of three years. The Trustees are a body of volunteers drawn from a wide range of relevant areas of expertise. New Trustees are appointed, as required, by the Board with reference to these areas of relevant experience. On appointment, new Trustees are given an induction programme to familiarise themselves with the work of The Trust and their role and responsibilities, and are introduced to Charity Commission guidance. This programme includes meeting with existing Trustees and spending time with the Chief Executive Officer, Senior Managers and departmental team leaders. The Trustees are encouraged to attend relevant training courses, and these are regularly brought to their attention. Committees including Trustees and relevant senior managers meet to review specific issues such as estates strategy, finance, performance and risk, people, culture and remuneration, and fundraising with reports to the full Board as required. The Trustees as a Board have the decision-making authority in the following area5: Approval of the Strategic Plan; Approval of Business Plans. Approval of Annual Budgets. Appointment of key executive staff; and Authority for the Trust to enter into significant transactions involving the.. Acquisition and disposal of property. Entering into loan or other borrowing agreements; Entering into significant contracts to deliver services. Application for capital and significant revenue grants committing the Trust to buy property or provide services. A scheme of delegation is in place and day to day responsibility for the provision of the services rest with the Chief Executive Officer, along with the Senior Leadership Team {"SLT"l. The Chief Executive Officer is 25 THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST responsible for ensuring that the charity delivers the services specified and that key performance indicators are met. The SLT have responsibility for the day to day operational management of the Trust, individual supervision of the staff teams and also ensuring that the team continue to develop their skills and working practices in line with good practice. The SLT meets at least once per month, depending on the business need, and carries operational responsibilities. The member5 of the SLT attend all Board meetings. The remuneration of the Chief Executive Off icer is considered by the Remuneration Committee and is determined by the Trustees, with reference to comparable positions in non-profit organisations of a similar size and complexity. The salaries of other members of the SLT are determined by the Chief Executive Officer with reference to the Remuneration Committee. Rlsk management The Board of Trustees is committed to protecting the safety and wellbeing of its staff, clients, volunteers, visitors, the Trust's assets and reputation. The Trust faces many risks which could prevent it from achieving its objettives. Risk is considered in its widest context and includes not only adverse events but also missed opportunities. Risk management is therefore an integral part of the decision-making process adopted by the Board and the SLT in order to ensure the Trust meets its aims and objectives. In assessing our risks, it is important to acknowledge and address the inherent risks that may impact our charity's objectives. The nature of our contracts and grants and their short lifespan, regulatory changes and geopolitical instability Could pose significant challenges to our financial stability and operational continuity. We recognise that these risks are dynamic, evolve over time and become more or less imminent, which requires us to remain agile in our risk management approach. Addressing our risk demands a strategic approach. vigilant monitoring and proactive mitigation measures. ensuring robust risk management frameworks are in place to safeguard our assets, uphold regulatory compliance, preserve integrity and trust. The Board of Trustees delegates responsibility to the SLT and other staff for establishing sy5tem5, controls and procedures to eliminate or control significant risks. The Finance, Performance and Risk Committee {FPRCI is tasked with reviewing these procedures to ensure that the interests of the Board are protected. Issues relating to corporate governance remain the responsibility of the Board of Trustees and are overseen by the Company Secretary. A central risk register, which is populated with input from all areas of the Trust, is maintained, updated and reviewed regularly. The top risk5 are highlighted to the Board of Trustees. Risk management and the risk register are an agenda item at each FPRC and SLT meetings. The main strategic risks identified and the mitigating responses to manage these risks include: Strateslc Rlsk Identlfied Maln provlder of services Wlth sub-contrart arrangements/New contract Mobillsatlon.. Inadequate mobili5ation and project management plans. with a ¢JSsconnert between method statements and delivery Insufficient skills and resources dedicated to the service and failure to effectively manage new project515ervice expansion Requirement to manage the supply chain, ensuring performance and financial targets are met Category Artlons to address rfsk Operational The Trust develop comprehensive implementation plans and quality assurance processes with standardised template and project management tools, collaborating with our partners throughout the process,. Dedicated implementation and projects leads- Regular meetings and contrart reviews are held with partners and commis5i9ners,. legal and specTalist advice is sought,. requirement to continually improve upon practice and act on lesson5 learn. Operational Fundraising and Business Development income generatlon falls, rlskln8 prolert and staff retention. expertise, resources and reputation. The Trust hove.. robust Fundraising and Bu5ine55 development planning includlng structures that support effective prospective research, funding pipelines, measure output5 including successlROl/attrition rate5. with Board oversight,. moved towards a c￿COmmISSioned model for services delivery and diversifying fundin8 portfolio to enable mixture of high, medium and low risk options,. financial resilience. sustainability and performance are key agenda items. 26 THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST Risk management {continued} Category Risk Identlfied Artlons to address rfsk External Government policy and Fundlng cuts stemming from.. Economic pressures New Government administration • Political shifts resulting in public funding cuts Roleluse of the voluntary sector instead of commercial businesses Councils s144 Ibankruptcyl risks increasing The Trust maintains regular contact with key and potential funders and partnerships,. continues to build and strèngthen relationships with commissloners; ensures continued improvement and value for money of tender proposals,. monitors proposed legal and regulatory changes, with assistance from external experts as requlred,. reports on impact and monitor5 5tatlStics and KPIS. We focus on high quality service delivery under our existing contracts and demonstrate value for money. We employ strong senior manager5 who are responsible for contracts, operational and financial performance, and ensure any performance issues are identified and addressed promptlv. External / Financial Key cllentslcontracts.. DepÈnden£y on income SOUTces- specifically a significant loss of contribution, such as the loss of a major contract, or failure of a significant customer The Trust continues to build on its reputation in the market for providing high-quality services and value for money,. engages regularly with major customers. funders. local and central government to influente the provision of services needed.. develops new services aligned to its mission and policy frameworks,. collaborates Wlth statutory and voluntary service providers to develop best-practi¢e partnerships,. monitors and reviews the duration of fundin8 streams and actively a¢tinÉ to mrti8atÈ and replace funding streams,. robust budgeting process; reports on impact and monitors statistics and KP15. Reserves resilience is tested and monitored by the FPAC and the Board. Le831 & compliance Failure to meet legislative and regulatory requlrements lrtcluding CQC, Hei71th & Sofety, Employment legislation, HMRC requlrements, Pension regulotions The Trust have many measures and controls in place to ensure compliance and safety, including having trained and supported personnel. effective recruitment and supervision, robust safeguarding and lone working practice5, regular health and safety policy reviews. and frequent checks and 5¢hedule5. The team possesses in-house tax knowledge and seeks external advice when necessary. Insurance 3gain5t claims is in place, and operational controls ensure compliance with fundraising practices. Additionally. regular risk a55e55ments are conducted, maintenance i55ues are addressed promptly. and freqLzent meetings with the CQC inspector are held. Mock inspections. internal and extèrnal audits, and re8ular legal and compliance tT8inin8 are also part of our comprehensive approach. The Estates committee regularly meet and discuss strategv, risks and operational issues to ensure our Estates are fit for the sustainable future. Legal & compliance Fallure to keep our cllents, staff and ¥olunteers safe There is Inherent risk within this risk by the nature of our workin& particularly front line workers and volunteers within our Community services. There Is a strong culture of operational contro15 through procedures which are made available through the NetCon5ent 50ftware platform,. a robust approach to compliance with those procedures including Safe8uardin& Lone Working and Health and Safety Legislation; effective recTUltment, staff training and supervision. Operational People And Culture Ilncludlng Health and Safety).. the risk aT15es from our ability to attract, develop, retain and rnanage sufficient employees with necessary skills which could affect our ability to deliver high quality 5ervice5 for current and future contracts We have several strategies in place, including strong recruitment and onboardin8 processes, regular line management meetings, personal development plans, staff awareness of both financial and non-fInancial benefits, salary benchmarking, National Living Wage certified. We have comprehensive support for the wellbeing of our colleagues. and perform regular engagement surveys monitor sickne55 and attrition, and we e5tabli5hed a People and Culture Committee with Board representation and employees across the Trust. 27 THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST Internal controls The Trustees confirm that internal control procedures are in place to provide reasonable. but not absolute, assurance against material misstatement or loss. These procedures include: a comprehensive system of business planning and annual budgets, which are approved by the Trustees, quarterly financial performance reporting including monitoring of performance against budget, monitoring of operational performance against targets, including Trustees taking an active interest in operationa I delivery and seeking feedback directly from the charity's staff; and Trustees reviewing controls through discussion with management. Fundralsing Statement Donors to The Nelson Trust can be assured that the charity complies with the Regulatory Standards for Fundraising. The charity is registered with the Fundraising Regulator and is committed to the Fundraising Promise and adherence to the Code of Fu ndraising Practice. This statement covers the requirements that charities must follow as set out in the Charities Act 2016. It cost over £llm to provide our charitable activities in 2024/2512023124.. £8.4ml. We raised over £460k through fundraising events, activities and donations. Further information on our income is included in the notes to the financial statements. th In our 40 anniversary year we have increased the number of events to celebrate having the privilege of walking alongside thousands of men and women on their journey to long-term recovery, offering not just support, but hope. dignity. and a sense of belonging. Our Fundraising activities include a calendar of well attended and high-profile events, individual donations, major gifts, and grants. A small Fundraising team is employed by The Nelson Trust, and we are fortunate to benefit from the work of Volunteer Fundraising Committees. The charity does not use external fundr3iser5. The Trust will only contact people who have expressed their specific consent to receiving communications from us, and will not contart those who have withdrawn their consent. We are IS027001 accredited, and, as part of other processes to ensure that we keep data secu re, quarterly internal audits are undertaken; within the scope of these is our compliance with the General Data Protection Regulations. As part of the compliance audits, we ensure that we act in accordance with people's consent. The Trusys policy set5 Out that donations from vulnerable persons will not be accepted. No compla ints have been received about fundra ising activity during the year and all fundraising activities have met the Fundraising Regulator's standard5 throughout the year. Going Concern The Trustee5 have considered the going concern position of the charity, particularly having regard to the strength of the charity's asset base and consider that there are no material uncertainties about the charity's ability to continue as a going concern. The Trustees a re mindful of the current uncertainty regarding future levels of Govern ment spending as a result of recent financial announcements and anticipation of future trends. Currently, it is not possible to predict the impact of any such reductions upon The Nelson Trust's futu re income, however the charity's income from both Local and Central Government sources is diverse in terms of both the commissioning departments and geographical locations. 28 THE NELSON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST RELATIONSHIPS WITH CONNECtED PARTIES The charity has had no financial transactions with connected parties with the exception of those transactions disclosed in note 28. STATEMENT OF TRUSTEES, RESPONSIBILITIES The Trustees (who are also direttors of The Nelson Trust for the purposes of company lawl are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards). Company law requires the Trustees to prepare financial statements for each financial year. Under company law. the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including the income and expenditure, of the charity company for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP: make judgements and estimates that are reasonable and prudent- state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements,. and prepare the financial statements on the goin8 concern basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transattions, disclose with reasonable accuraLry at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006 and the provisions of the charitvs constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Insofar as each of the Trustees of the charity at the date of approval of this report 15 aware there is no relevant audit information linformation needed by the charity's auditor in connection with preparing the audit report) of which the charity's auditor is unaware. Each Trustee has taken all of the steps that he/she should have taken as a Trustee in order to make himself/herself aware of any relevant audit information and to establish that the charitws auditor is aware of that information. AUDITOR5 The auditors, Surner Auditco Limited, will be proposed for re-appointment at the forthcoming Board of Tf Ustees Meeting. The Trustees, Report was approved by the Board of Trustees, as the cornpany directors and signed on the Board's behalf by.. Dame Julie Lydon Chair of the Board of Trustees The Nelson Trust Date: 17 October Z025 29 THE NELSON TRUST INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST ort of the Inde endent Auditorfs to the Members of The Nelson Trust Opinion We have audited the financial statement5 of The Ne150n Trust (the 'charitable company'l forthe year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the state of the charitable company's affairs as at 3 1 March 2025 and of its incoming resources and application of resources, including it5 income and expenditure, for the vearthen ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requirements of the Companies Act 2006. Basls for oplnlon We conducted our audit in accordance with International Standards on Auditing IUKI {ISA5 IUKII and applicable law. Our responsibilities under those Standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the U K, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is suff icient and appropriate to provide a basis for our opinion. Concluslons relatlng to golng concern In auditing the financial statements, we have concluded that the trustee5' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's abilitv to continue as 3 going concern for a period of at least twelve month5 from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other information The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statement5 does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. 30 THE NELSON TRUST INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST In connection with our audit of the fina ncial statements, 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 audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the f inancial statements themselves. If, based on the work we have performed. we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Oplnions on other matters prescribed by the Companies Act 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 statement5 are prepared is consistent with the financial statements; and the Trustees, Report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exceptton In the light of the knowledge and understanding 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 re5pett of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us. or the 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. Responsibilities of trustees As explained more fully in the Statement of Trustees, Re5pon5ibilities, the trustees (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financia I statement5 and for being Satisfied that they give a true and fair view. and for such internal control as the trustees determine is necessary to enable the preparation of financi31 statements that are free from material misstatement. whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company'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 trustee5 either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Our responslbllltles for the audit 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 a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatement5 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. 31 THE NELSON TRUST INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST The extent to which ou r procedures are capable of detecting irregularities, including fraud is detailed below: Based on our understanding of the charity and the provision of residential and community-ba5ed addiction treatment, we identified that the principa I risks of non-compliance with laws and regulations related to Care Quality Commission, health and safety, food safetV& employment law, Companies Act 2006 and Charity Law, and we considered the extent to which non-compliance might have a material effect on the financial statements of the charity. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Charities Statement of Recommended Practice and Companies Act 2006. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements lincluding the risk of override of controls) and determined that the principal risks were related to revenue recognition, management override, and management bias in accounting estimates and judgemental areas of the financial statements such as the depreciation policy, valuation of debtors and accounting for multi year grants. Audit procedures performed by the audit engagement team included: discussions with management and Trustees, including consideration of known or suspected instances of non-compliance with laws and regulations and fraud- understanding and review of management's internal controls designed to prevent and detert irregularities, and fraud; review of the minutes of the Trustees meeting5; designing audit procedures to incorpor ate unpredictabilrty; performing analytical procedures to identify any unusual or unexperted relationships that might indicate risks of material misstatement due to fraud; review of the financial statements disclosures and testing to supporting documentation to assess compliance with releva nt13ws and regulations discussed above; enquiring of the Trustees and third-party advisors about actual and potential litigation and claims: testing transactions entered into outside of the normal course of the charity's business; identifying and testing journal entries, in particular any journal entrie5 With fraud characteristics,. reviewing accounting estimates for management bia5. and designing audit procedures over the timing of grant income. There are inherent limitations in the audit procedures described above and the further removed non- compliance with laws and regulations is from the events and the transactions reflected in the financial statements, the le55 likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not deterting one resulting from error, as fraud mav involve deliberate concealment by, for example, forgery or intentional misrepresentation5, or through coIIu5ion. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Independent Auditor's Report. 32 THE NELSON TRUST INDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. Fiona Westwood (Senior Statutory Auditor) for and on beha5f of Sumer Auditco Limited Statutory Auditor Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA Date: 17 October 2025 33 THE NELSON TRUST STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST 2025 Total fund5 2024 Total funds Unrestricted Restricted Endowment funds funds funds Notes Income and Endowments from: Voluntary sources Donations and legacies 232,735 227,500 460,235 261,734 Charitable activities Residential Services Women's Community Services Hub Community Recovery 1,880,072 7,306,730 711,149 5,000 2,791,073 10,000 1,885,072 10,097,803 721,149 1,728,449 5,767,232 469,606 Other trading artivities Bank interest received 210,765 83,052 210,765 85,144 125,590 88,717 2,092 Total income and endowments 10,424,503 3,035,665 13,460,168 8,441,328 Expenditure on: Raising funds 205,121 205,121 200,063 Charitable activities Residential Services Women's Community Services Hub Community Recovery 1,871,606 6,972.207 833,148 1,871,606 8,364,285 833,148 1,929,570 5,876,893 621,846 1,392,078 Total expenditure 10,092,082 1,182,078 11,274,160 8,628,372 Net {lossesl/gains on investments 535 535 (1,4441 Net Income/(expenditure) 542.421 1,643,587 535 2.186,543 (188,488) Transfers between funds 1,481,692 11,481,692} Net movement in funds Total funds brought forward 2,024.113 5,507,922 161,895 3,282,452 535 37,923 2,186,543 8,828,297 1188,488) 9,016,785 Total funds carried forward 24 7,532,035 3,444,347 38,458 11,014,840 8,828,297 The notes form part of these financial statement5 34 THE NELSON TRUST (COMPANY NO. 03211815) BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2025 THE NELSONTRUST 2025 2024 Notes FIXED ASSETS Tangible assets Investments 14 15 4,925,726 38,458 5,028,350 37,923 4,964, 184 5,066,273 CURRENT ASSErs Stocks Debtors Cash at bank and in hand 16 17 1,211 1,736,501 3,416,026 3,869,920 3,858,979 7.728.899 5.153,738 CREDITORS Amount5 falling due within one year NEf CURRENT ASSETS 18 {1,570,946 {1,270,921) 6,157,953 3,882.817 TOTAL ASSETS LESS CURRENT LIABILITIES 11,122,137 8,949,090 CREDITORS Amounts falling due after more than one year 19 1107,2971 1120,7931 NET ASSETS 11.014,840 8.828,297 FUNDS Unrestricted funds: Generalfund Designated Fund- Future property investment. future spend on maintaining the condition of owned properties and strategic development of the charity DeS￿nated Fund - Fixed Assets Funds 24 1.721.100 1.156,051 756,893 1.007,3C(J 4,654,884 3,743,729 7,532,035 5,507,922 Restricted fund5 Endowment funds 3,444,347 38,458 3,282,452 37,923 TOTAL FUNDS 11.014.840 8,828,297 The financial statements were approved by the Board of Trustees and authorised for issue on 17 October 2025 and were signed on its behalf by.. J Lydon - Trustee The notes form part of these financial statements 35 THE NELSON TRUST CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST 2025 2024 Notes Cash flows from operating activities Cash generated from operations Interest paid 560,738 16,6641 77,307 {11,175} Net cash provided by operating activities 554,074 66,132 Cash flows from investing activities Purchase of tangible fixed assets Disposal proceeds from sale of fixed assets 1186,3661 3,003 {878,9661 Net cash used in investing activities 370,711 (812,834} Cash flows from financing activltles Loan repayments in year Bank interest and investment income 112,9021 85,144 {12,3431 88,717 Net cash used in financing activities 72,242 76,374 Change in cash and cash equivalents in the year 442,953 1736,460} Cash and cash equivalents at the start of the year 3,416,026 4,152,486 Cash and cash equivalents at the end of the year 3,858,979 3.416,026 The notes form part of these financial statement5 36 THE NELSON TRUST NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net income/(expenditure) for the reporting period las per the Statement of Financial Activities) Adjustments for: Depreciation charges Profit on disposal of fixed assets (Gainl/loss on investments Interest paid Bank interest and investment income Decrease in stock Ilncreasel/decrease in debtors Increase/ldecreasel in creditors 2,186,543 1188,4881 287,321 {1,334) 15351 6,664 185,1441 1,211 (2,133,419) 299,431 205,349 1,444 11,175 188,717} 184,269 1647,7251 Net cash provided by operations 560,738 77,307 ANALYSIS OF CHANGES IN NET FUNDS At l April 2024 At 31 March 2025 Cash flow Net cash Cash at bank and in hand 3,416,026 442,953 3,858,979 3,416,026 442,953 3,858,979 Debt Debts falling due within l year Debts falling due after l year 112,901) (120,793) 1133,6941 {5941 13,496 {13,4951 1107,297) 1120,792) 12,902 Total 3,282,332 455,854 3,738,186 37 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST CHARITY INFORMATION The Nelson Trust is incorporated in the United Kingdom as a company limited by guarantee with Companies House {registered number 032118151 and has no share capital. The liability of the charity'5 members is set out in note 2 below. The Nelson Trust is also registered with the Charity Commission (registered number 10566721. The address of its registered office is Nelson House, Brimscombe Hill, Brimscombe, Stroud, Gloucestershire, GL5 2QP. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 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 IFRS 102} (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest pound. Golng concern basis of accounting The Trustees assess whether the use of going concern in preparing the financial statements is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The Trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements and have concluded that the company has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the charitls ability to continue as a going concern. In making this assessment, the Trustees have reviewed the balance sheet, the likely future cash flows of the charity and have considered the funds available at this point in time. Liability of the members of the charity The members of the charity undertake to contribute such amount as may be required, up to £10 from each member to the charity's assets in the event that the charity 15 wound up. Critical accounting judgements and key sources of estimation uncertainty Preparation of the financial statements requires management to make significant judgements and estimates. The items in the financial statements where material judgements and estimates have been made include: Useful economic lives of tangible fixed assets Annual depreciation charges for the tangible fixed assets are sensitive to changes in their estimated useful economic lives and residual values. Useful economic lives and residual values are amended when necessary to reflect current estimates and the physical condition of the assets. Impairment of debtors - The charity makes an estimate of trade debtors and other debtor5. When assessing the impairment of trade debtors and other debtors, management considers factors including the current credit rating of the debtor, the ageing profile and historical experience. Income recognition of multi-year grants of restricted funds - The full value of multi-year grants of restricted funds have been included in the year in which they are awarded where there are no substantive criteria which the charity believe5 prevents it from having entitlement to the funds, where receipt is deemed to be probable and where the amounts receivable can be clearly measured. 38 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 i￿. 2025 THE NELSON TRUST ACCOUNTING POLICIES- continued Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably. Donations are recognised when received unless amounts receivable can be determined with reasonable accuracy. Income within our Hub Community Recovery activities is recognised when it falls due. Income from grants (including government grants), where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. Charitable activities include all costs directly relating to the objectives of the charity including costs involved in supporting that work. Specifically: Residential Services costs include the staff, premises and infrastructure costs for our residentia treatment and resettlement properties. Client specific costs such as provision of food and the cost of delivering education, training and employment programmes are also included. Women's Community Services costs include the staff, premises and infrastructure costs for our women's centres in Gloucester, Swindon, Somerset, Bristol and Cardiff and Swansea. Hub Community Recovery costs include the staff, catering Supplies, premise5 and infrastructure costs for the Clean Plate in Gloucester, the Hub Maintain5 and the Hub Academy in Stroud, and the Sober Parrot in Cheltenham. Irrecoverable VAT is charged as a cost against the activity to which the associated expenditure relates. Tangible fixed assets Depreciation 15 provided at the following annual rates in orderto write off each asset over its estimated useful life. Freehold property and long leasehold property Improvements to property Furniture, fittings and equipment Motor vehicles Computer equipment 2Yo - 33% on straight line basis 2%- 33% on straight line basis 25% on straight line basis 25% on straight line basis 33% on straight line basis 39 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST ACCOUNTING POLICIES- continued Investments Investments are stated at market value at the balance sheet date. The Statement of Financial Activities ISO FAI includes the net gains and losses arising on revaluations and disposals throughout the year. Debtors Trade debtor5, Other debtors and accrued income are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash and cash equivalents Cash is represented by cash in hand and bank deposits accessible within 90 days, held at UK financial institutions. Creditors Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due. Financial instruments The charity 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. Bank loans are measured at amortised cost. Investments are valued at market value as at the balance sheet date. Operating leases Rentals applicable to operating leases where substantially all the benefits and risks of ownership remain with the lessor are charged to the statement of fina ncial activities on a straight-line basis over the term of the lease. Stocks Stocks are valued atthe lower of cost and net realisable value, after making due allowance forobsolete and slow moving items. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds can only be used for particular restricted purposes within the objects of the cha ritv. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Permanent endowment funds are an investment in an investment fund which transferred to the charity in 2016. Only the income, not the capital, of this donation can be spent. Further explanation of the nature and purpose of each fund is included in the note5 to the financial statements. 40 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST ACCOUNTING POLICIES- continued Pension costs and other post-retirement benefits The charity admits employees to a defined contribution scheme. Contributions to that scheme are charged to the statement of financial activities as they become payable in accordance with the rules of the schemes. The charity does not operate a defined benefit scheme. Where an employee's salary is funded by Restricted Funds, that funding also covers the pension contribution for that employee. DONATIONS AND LEGACIES 2025 2024 Donations towards the establishment of our women's centre in Bristol Donations towards the refurbishment of the Swindon Women's Centre Donations - other 68,748 227,500 232,735 192,986 460,235 261,743 INCOME FROM CHARITABLE AcfiviTIES 2025 2024 Activity Residential Services Women's Community Services Hub Community Recovery Residential services Women's Community seniices Hub Community recovery, including capital grants 1,885,072 10,097,803 721,149 1,728,449 5,767,232 469,606 12,704,024 7,965.287 OTHER TRADING AcfiviTIES 2025 2024 Property income Fundraising events 27,713 183,052 7,500 118,090 210,765 125,590 RAISING FUNDS COSTS Raising donations and legacies 2025 2024 Staff costs Direct costs Depreciation Support costslsee note 71 131,407 56,765 439 16,510 118,740 64,722 1,296 15,305 205,121 200,063 41 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST CHARITABLE AcfiviTIES COSTS Other direct costs Direct staff costs Total direct costs Support costs Isee note 81 2025 Total 2024 Total Residential Services 529,509 1,309,077 1,838,586 33,020 1,871,606 1,929,570 Women's Community Services Hub Community Recovery 2,105,941 5,994,183 8,100,124 264,161 8,364,285 5,876,893 290,542 526,096 816,638 16,510 833,148 621,846 2,925,992 7,829,356 10,755,348 313,691 11,069,039 8,428,309 Costs are allocated to operating activitie5 by reference to factors reflecting the underlying activity levels for financial, central management, HR, IT and business development costs. SUPPORT COSTS Analysis of support costs 2025 2024 IT and office costs Legal and professional costs including audit Cost, recruitment and training Other costs, including marketing and website costs, membership of sector bodies and regulatory costs Financing cost5 243,458 36,030 40,361 205,523 40,124 44,110 10,352 16,350 330,201 306,107 Governance costs included within the above total £32,342 (2024: £47,5191- NET INCOME/(EXPENDITURE) Net income/lexpenditurel is stated after charging/{crediting): 2025 2024 Auditors, remuneration Depreciation - owned assets Operating lease rentals - plant and machinery Operating lease rentals - land and buildings Bank loan interest payable Bank interest and investment income received 21,120 287.321 10,958 145,921 6,664 185,1441 17,000 205,349 13,542 125,771 11,175 (88,717) 42 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2gZS THE NELSON TRUST 10. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses There was a payment of £146 (2024 £Nill in respect of trustees, expenses for the year ended 31 March 2025. 11. STAFF COSTS 2025 2024 Wages and salaries Social security costs Other pension costs 6,430,780 555,502 366,427 5,345,519 437,250 318,805 7,352,709 6,101,574 Included within wages and salaries were redundancy costs of £9,116 and termination costs of £18,667 12024-. redundancy costs £8,000). These amounts relate to agreements made with employees to end employment contracts, none of which was outstanding at the year end. The average monthly number of employees during the year was as follows: 2025 2024 Residential & Women's Community Services Support, including fundraising Hub Community Recovery 215 42 16 198 29 12 273 239 The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was.. 2025 2024 £60,001- £70,000 £70,001- £80,000 In the year contributions of £34,980 12024- £34,980) were made in respect of the highest-paid employee into a personal defined contribution pension arrangement. The average number of full-time equivalent employees {"FTE"l analysed by function was: 2025 2024 Residential and Women's Community Services Support, including fundraising and business development Hub Community Recovery 187 38 12 167 26 237 202 Key management personnel The remuneration of the key management personnel (including gross pay, employers, national insurance and employers pension contributions) was £462,76312024: £426,299). Key management personnel are listed on page l of these financial statements and comprised an average of 5.7 full time equivalent employees in the year {2024: 5.7 FTEI. 43 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES U nrestricted Restricted funds funds Endowment funds Total funds Income and Endowments from: Donations and legacies 234,734 27,000 261,734 Charitable activitles Residential Services Women's Community Services Hub Community Recovery 1,723,254 4,833,300 452,606 5,195 933,932 17,000 1,728,449 5,767,232 469,606 Other trading activities Bank Interest Received 125,590 88,717 125,590 88,717 Total Income and endowments 7,458,201 983,127 8,441,328 Expenditure on Raising funds 200,063 200,063 Charitable activities: Residential Services Women's Community Services Hub Community Recovery Total expenditure 1.929,570 4,132,511 590,309 1,929,570 5,876,893 621,846 1,744,382 31,557 6,853,453 1,775,839 8,628,372 Net gains on investments (1.4441 11,444} Net Income/(expenditure) 605,748 (792,7921 {1,444} 1188,488) Reconciliation of funds Total funds brought forward 4,902,174 4,075,244 39,367 9,016,785 Total funds carried forward 5,507,922 3,282,452 37,923 8,828,297 44 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST 13. GOVERNMENT GRANTS Included within income are Government grants totalling £1,809,71612024.. £2,151,781) comprising.. 2025 2024 Police and Crime Commissioners (Gloucestershire. Wiltshire & Avon & Somersetl Local Government grants National Health Service grants Ministry of Justice 337,398 413,454 495,926 976,392 501,401 959,430 277,496 1,809,716 2,151,781 The Police and Crime Commissioners in Gloucestershire, Wiltshire and Avon & Somerset, South Wales and Gloucestershire Clinical Commissioning Group, have provided grants to deliver support services to women with multiple and complex needs. This group of clients includes street sex-working women and women who find it difficult to engage with statutory services because of rural isolation. The Police and Crime Commissioner in Avon & Somerset has provided a grant to assess a Whole System Approach to delivering support services to women with multiple and complex needs. The Police and Crime Commissioner for Gwent has provided a capital grant for the development of a women's centre in Swansea and the Police and Crime Commissioner for Dyfed/Powys has provided a capital grant for the development of women's services in Carmarthen Somerset County Council has provided grants to deliver support services to women with multiple and complex needs. Swindon Borough Council has provided a grant to provide a sheltered accommodation in Swindon for women who have suffered domestic abuse. The Gloucestershire Clinical Commissioning Group and Avon and Wiltshire Mental Health Partnership have provided grants to deliver support services to women who are encountering Perinatal and Infant mental health problems. In both 2024125 and 2023124 the Ministry of Justice have provided a grant to fund core costs to enable us to sustain, improve and further develop existing quality support to women in contact with or at risk of encountering the criminal justice system. There are no unfulfilled conditions or other contingencies attaching to these grants and the charity has not directly benefited from any other forms of government assistance. 45 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST 14. TANGIBLE FIXED ASSETS Freehold property and long Improvements leasehold to property property Furniture, fittings and equipment COST At l April 2024 Additions Disposals 4,346,560 1,386,845 99,651 13,0031 405,440 38,823 At 31 March 2025 4,346,560 1,483,493 444,263 DEPRECIATION At l April 2024 Charge for year Disposals 651,804 82,763 333,379 66,701 11,3341 398,746 309,265 36,900 At 31 March 2025 734,567 346,165 NET BOOK VALUE At 31 March 2025 3,611,993 1,084,747 98,098 At 31 March 2024 3,694,756 1,053,466 96.175 Motor vehicles Computer equipment Totals COST At l April 2024 Additions Disposals 46,072 21,272 549,513 26,620 6,734,430 186,366 (3.003) At 31 March 2025 67,344 576,133 6,917,793 DEPRECIATION At l April 2024 Charge for year Disposals 46,072 4,432 365,560 96,525 1,706.080 287.321 (1.334) At 31 March 2025 50,504 462,085 1,992,067 NET BOOK VALUE At 31 March 2025 16,840 114,048 4,925,726 At 31 March 2024 183,953 5,028,350 Included in cost of land and buildings is freehold land of £297,925 {2024- £297,925) which is not depreciated. 46 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST 15. FIXED ASSET INVESTMENTS MARKET VALUE At l April 2024 Revaluations 37,923 535 At 31 March 2025 38,458 NET BOOK VALUE At 31 March 2025 38,458 At 31 March 2024 37,923 There were no investment assets outside the UK. Investments are 36,637.49 units invested in the COIF Charities Property Fund (2024: 36,637.49). At 31 March 2025 unit bid price was 104.97 pence {2024: 103.51 pence). The fund has been revalued to reflect this increase. The investments are the assets that underlie the Permanent Endowment Fund. 16. STOCKS 2025 2024 Goods held for Resale - Food and Non-Alcoholic Beverages 1,211 17. DEBTORS 2025 2024 Amounts falling due within one year: Trade debtors Other debtors Prepayments and accrued income 951,014 1,588.790 505.152 891,572 460,549 384,380 3,044,956 1,736.501 Amounts falling due after more than one year.. Other debtors 824,964 Aggregate amounts 3,869,920 1,736,501 47 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST 18. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Bank loans and overdrafts {see note 201 Trade creditors Social security and other taxes Other creditors Accruals and deferred income 13,495 149,942 260,311 116,106 1,031,092 12,901 88,598 106,772 111,043 951,607 1,570,946 1,270,921 Deferred income represents income received in advance of project delivery and totals £821,721 as at 31 March 202512024.. £735,084}. 19. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2025 2024 Bank loans (see note 201 107,297 120,793 20. LOANS An analysis of the maturity of loans is given below: 2025 2024 Amounts falling due within one year on demand: Bank loans 13,495 12,901 Amounts falling between one and two years: Bank loans- 1-2 years 14,105 13,495 Amounts falling due between two and five years.. Bank loans- 2-5 years 46,337 44,296 Amounts falling due in more than five years: Repayable by instalments: Bank loans more 5 years by instalment 46,855 63,002 48 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST 21. SECURED DEBTS The following secured debts are included within creditors: 2025 2024 Bank loans 120,792 133,694 During the yearthere was one bank loan12024: one). The loan is repayable with interest paid at a fixed rate. At 31 March 2025, the balance of the loan was £120,79212024.' £133,694). The loan bears interest at 4.54% and is repayable by November 2032. As at 31 March 2025 the loan was secured on l Brunswick Square, Gloucester. 22. LEASING AGREEMENTS At 31 March, the charity had the following total minimum lease payments under operating leases.. Land and Buildings 2025 2024 Equipment 2025 2024 Within one year Between one to five years In more than five years 7,030 7,203 10,958 15,801 161,506 115,132 140,521 235,318 23. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted funds Restricted Endowment funds fund Total funds As at 31 March 2025: Fixed assets Investments Current assets Current liabilities Long term liabilities 4,775,676 150,050 4,925,726 38,458 7,728,899 (1.570,946) {107,297) 38,458 4,434,602 (1,570,946) 1107,2971 3.294,297 7,532,035 3,444,347 38,458 11,014,840 As at 31 March 2024: Fixed assets Investments Current asset5 Current liabilities Long term liabilities 3,877,423 1,150,927 5,028.350 37,923 5,153.738 11,270.921) (120,793) 37,923 3,022,213 11,270,921) 1120,7931 2,131,525 5,507,922 3,282,452 37,923 8,828,297 49 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST 24. MOVEMENT IN FUNDS At l April 2024 Net movement In funds At 31 March 2025 Unrestricted funds General fund Designated Fund- future property investment, maintenance and strategic development Designated Fund - Fixed Assets Funds 756,893 1,007,300 964,207 148,751 1,721,100 1,156,051 3,743,729 911,155 4,654,884 5,507.922 2,024,113 7,532,035 Restricted funds Women's Community Services Funding for the purchase and start up of our women's centre in Bridgewater Funding to finance refurbishment of our women's centre in Swindon Funding for the development of services and the establishment of a women's centre in Bristol Capital funding for the delivery of our Hub Community Recovery activities Residential services Funding for the set up of our women's centre in Cardiff Core cost funding 1,291,123 1,403,961 2,695,084 153,473 {3,423} 150,050 227,500 227,500 631,084 {403,9781 227,106 1,017,239 7,500 168,533 13,500 1999,0081 5,000 {54,6571 113,500) 161,895 18,231 12,500 113,876 3,282,452 3,444,347 Endowment funds Fund to finance training and hardship support to those in the criminal justice system TOTAL FUNDS 37,923 535 38,458 8,828,297 2,186,543 11,014,840 50 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST 24. MOVEMENT IN FUNDS- continued The movement in funds in the year ended 31 March 2025 were as follows: Incoming resources Resources expended Gain/Loss and transfers Movement in funds Unrestricted funds General fund Designated Fund future property investment, maintenance and strategic development Designated Fund - Fixed Assets Funds 10,424,503 {9,882,0821 421,786 964,207 148,751 911,155 148,751 911,155 10,424,503 19,882,082) 1,481,692 2,024,113 Restricted funds Women's Community Services Funding for the purchase and start up of our women's centre in Bridgewater Funding to finance refurbishment of our women's centre in 5windon Funding for the development of services and the establishment of a women'5 centre in Bristol Capital funding for the delivery of our Hub Community Recovery activities Residential services Funding for the set up of our women's centre in Cardiff Core cost funding 2,793,165 {1,182,6251 1206,579} 1,403,961 13,4231 13,4231 227,500 227,500 1126,3191 1277,6591 {403,978} 10,000 5,000 {11,5541 1997,4541 1999.0081 5,000 {54,6571 {13,5001 (54,6571 {13,5001 3,035,665 {1,392,0781 {1,481,6921 161,895 Endowment funds Fund to finance training and hardship support to those in the criminal justice system. 535 535 TOTAL FUNDS 13,460,168 111,274,160) 535 2,186,543 51 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST 24. MOVEMENT IN FUNDS - continued Comparatives for movement in funds At l April 2023 Net movement In funds At 31 March 2024 Unrestrlcted funds General fund Designated Fund- future property investment, maintenance and strategic development Designated Fund - Fixed Assets Funds 843,428 1,059,460 (86,5351 {52,1601 756,893 1,007,300 2,999,286 744.443 3,743,729 4,902,174 605,748 5,507,922 Restricted funds Women's Community Services Funding for the purchase and start up of our women's centre in Bridgewater Funding for the development of services and the establishment of women's centre in Bristol Capital funding for the delivery of our Hub Community Recovery activities Residential service5 Funding for the set up of our women's centre in Cardiff Core cost funding 1,742,588 {451,4651 1,291,123 157,030 {3,5571 153,473 873,200 1242,116) 631.084 1,042,235 10,000 223,191 27,000 124,996) 12,5001 {54,6581 {13,5001 (792,792) 1,017,239 7,500 168,533 13,500 4,075,244 3.282.452 Endowment funds Fund to finance training and hardship support to those in the criminal justice system TOTAL FUNDS 39,367 11,444) 37,923 8,146,739 (188,488) 8,828,297 52 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSONTRUST 24. MOVEMENT IN FUNDS - continued The movement in funds in the year ended 31 March 2024 was as follows.. Incoming resources Resources expended Gains and losses Movement in funds Unrestricted funds General fund Designated Fund future property investment, maintenance and strategic development Designated Fund - Fixed Assets Funds 7,458,201 16,852,453) {692,283) {86,5351 152,1601 744,443 {52,1601 744,443 7,458,201 16,852,453) 605,748 Restrirted funds Women's Community Services Funding for the purchase and start up of our women's centre in Bridgewater Funding for the development of services and the establishment of women's centre in Bristol Capital funding for the delivery of our Hub Community Recovery activities Residential services Funding for the set up of our women's centre in Cardiff Core cost funding 865,184 11,316,649) (451,465} {3,5571 13,557} 68,748 1310,864) 1242,116) 17,000 5,195 141,996) 17,6951 {24.996) {2,5001 154,6581 140,5001 154,658) 113,5001 27,000 983,127 11,775,919} 1792,792} Endowment funds Fund to finance training and hardship support to those in the criminal justice system. 11,4441 11,4441 11,4441 1188,4881 TOTAL FUNDS 8,441,328 {8,628,3721 Permanent Endowment Fund The purpose of the fund is to make small grants to individuals within the criminal justice system to offer relief from poverty, to help provide assistance with education and other charitable purposes. The charity maintains the capital of the fund and make grants from the investment income of the fund. The income that we receive from the fund, and the grants that we make are accounted for within restricted funds. 53 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST 24. MOVEMENT IN FUNDS- continued Restricted funds Significant movements in individual funds during the year were: At l April 2024 Incoming Resources resources expended At 31 March 2025 Establishment of Bridgwater women's centre Development of our services to provide support to the women of Bristol and the establishment of our women's centre in Bristol Establishment of Cardiff women's centre- funded by Welsh Government Hinkley Point C Community Fund National Lottery Community Fund -RC South West Region - "Empowering Change Somerset National Lottery Community Fund - RC South West Region Sex Worker Outreach Project" Funding for the redevelopment of the Swindon women's centre Gloucestershire mentoring programme- funded by CHK Foundation Jabbs-WRNA and Enhanced Case Management Julia Rausing Trust- Family Support Core cost funding Capital Funding to enable the delivery of our Hub Community Recovery activities 153,473 631,084 13,423} {403,9781 150,050 227,106 168,533 154,657) 113,876 71,953 66,883 149,238) 1142,090) 22,715 422,793 498,000 72,376 154,027) 18,349 587,500 587.500 7,910 40,000 {47,9101 1,169,439 1,169,439 375,000 152.0831 1300,000} {997,454} 322,917 300,000 997,454 The following work was performed during the year from grants and donations either received or receivable- Women's Communit Services Bristol Community Health CIC to enable us to develop our services to provide support to the women of Bristol and establish a women's centre in Bristol. The Welsh Government to establish a women's centre in Cardiff. Hinkley Point C Community Fund to enable u5 to provide services to increase the Safety of women and girls in Somerset. The National Lottery Community Fund Women and Girls Initiative to help fund the Promoting Change programmes in Somerset. The National Lottery Community Fund and Gloucestershire County Council to improve the life chances of street-working women in Gloucestershire and Wiltshire. The CHK Foundation to provide mentoring services in Gloucestershire. Gloucestershire NHS Clinical Commissioning Group to help fund the Promoting Change programmes in Gloucestershire. Ministry of Justice provided core cost funding to facilitate the improvement in the scope and range of services provided throughout the Women's Community SeNices. 54 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST 24. MOVEMENT IN FUNDS - continued Hub Communi Recover Activities Stroud District Council to help fund education, employment and volunteer programmes for the benefit of the recovery community. Public Health England and Gloucestershire Environmental Trust to help fund our Hub Community Recovery activities. During the year restricted funds totalling £997,454 in respect of the above were transferred to Designated Funds- Fixed Assets Fund after the requirements of the funding had been satisfied. Designated Funds- Fixed Asset Funds The charity has significant investment in its buildings and other fixed assets. Fixed assets have been funded from general reserves, and from borrowings. The cash expended on such assets is not available for expenditure on future charitable objertives, consequently the trustees have agreed that the amount of £4,654,884 should be designated towards the future depreciation costs of these assets. Transfers arise from fixed asset movements, including purchases, disposals and depreciation costs. Deslgnated Funds- Future property investmenti property maintenance and strategic development During 2024 the Trustees formally approved an additional designated fund toward5 future property investment, future spend on maintaining the condition of owned properties, and the strategic development of the charit(s activities. At the year end the balance remaining is £1,156,051. 25. EMPLOYEE BENEFIT OBLIGATIONS The charity operates a defined contribution pension scheme. The costs for the period was £366,427 {2024'. £318,805). Contributions totalling £38,220 {2024: £33,240) were outstanding at the balance sheet date. 26. CONTINGENT LIABILITIES In 2018/19 the charity received £172,000 of grant funding towards the purchase of our Bridgwater women'5 centre which is Potentially repayable if the centre is not operated a5 a women's centre until January 2029. The Trustees anticipate that the Bridgwater women'5 centre will be used as a women'5 centre until that date. In 2021/22 the charity received £273,295 of grant funding towards the establishment of our Cardiff women's centre which is potentially repayable if the centre is not operated as a women's centre until March 2027. In April 2022 the charity leased a property to act as its women's centre in Cardiff under a five-year lease. The lease contains a break clause option. If the charity exercises that break clause option, then the time-apportioned amount of the grant funding, which is pro rata to the end of the five-year period would be repayable. The break clause was extended but has not been exercised. 27. CAPITAL COMMITMENTS There were no capital commitments at 31 March 2025. 55 THE NELSON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 THE NELSON TRUST 28. RELATED PARTY DISCLOSURES The charity receives donations from related partie5. In the year ended 31 March 2025 these amounted to under 1% of its total income12024.' under 1% of total income). During the year, Somerset Community Foundation made grants totalling £41,000 to the charity (2024- £2,500}. One of our Trustees, Justin Sargent, is a member of the key management personnel of Somerset Community Foundation. Justin did not participate in the decision by Somerset Community Foundation to make these grants to the charity. During the previous year Bristol Community Health {'BCH'I, a Community Interest Company, made a donation to the charity, towards the establishment of its women's centre in Bristol, of £68,748 following a decision made by BCH'S Board in March 2020 to distribute BCH'S reserves by donations. No funds were received in the year ended 31 March 2025. Two members of the Board of BCH, who served until July 2020, were connected to the charity. One of our Trustees, Rhona MacDonald, was a member of the BCH Board. Aileen Fraser, who is married to the charity's Chief Executive Officer John Trolan, was also a member of the BCH Board. These relationships facilitated the introduction of the charity's senior leadership team to the BCH Board. The charity is not required to disclose any other related party transactions during either the year ended 31 March 2025 or the previous year. 29. FINANCIAL INSTRUMENTS The carrying value of the charity's financial assets and liabilities are summarised by category below: 2025 2024 Financial assets Measured at market value Investments 38,448 37,923 Measured at undiscounted amount receivable - Trade and other debtors and accrued income 3,869,920 1,736,501 Financial liabilities Measured at undiscounted amount payable Trade and other creditors Bank loans 1,570,946 120,962 1,258,020 133,964 1.691,908 1,391,714 56