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← People Matter Trust

2025-10-31-accounts

Company registration number 03360047 (England and Wales) Charity registration number 1062467 (England and Wales)

THE PEOPLE MATTER TRUST

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

Caladi Chartered Certified Accountants

THE PEOPLE MATTER TRUST

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Dr C Webb - Chairman
D Baker - Vice Chairman
C Grimaldi
S Mackenzie
D Ingham
S Fifield
Secretary AHughes
Chief Executive Officer A Gillard
Charity number 1062467
Company number 03360047
Principal address 2nd Floor
55 South Street
Eastbourne
East Sussex
BN21 4UT
Registered office Chantry House
22 Upperton Road
Eastbourne
East Sussex
BN21 1BF
Independent examiner John Caladine FCCACTAFCIE
Caladine Limited
Chantry House
22 Upperton Road
Eastbourne
East Sussex
BN21 1BF
Bankers HSBC
94 Terminus Road
Eastbourne
East Sussex
BN213ND

THE PEOPLE MATTER TRUST

CONTENTS

Page
Trustees’ report 1-4
Statement oftrustees’ responsibilities 5
Independent examiner's report 6
Statement of financial activities 7
Balance sheet 8
Notestothefinancialstatements 9-19

THE PEOPLE MATTER TRUST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 OCTOBER 2025

The Trustees present their annual report and financial statements for the year ended 31 October 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the trust's memorandum and articles of association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

The Trust is a registered charity and a company limited by guarantee. The principal activity of the trust, as a Christian ministry, is the relief of poverty amongst unemployed persons through the provision of career information, advice and guidance to assist them in gaining or being able to retain suitable employment. This activity is further extended to employed jobseekers looking to change career.

CIAG Services

The principal activity of the Trust during the year was the delivery of career information, advice and guidance (C.1.A.G.) to clients seeking suitable employment. This support was provided primarily through one-to-one face-toface appointments and workshops and by email and telephone. Most clients were unemployed, with a smaller number seeking to change jobs. The Trust continually monitors and reviews engagement with client groups identified by the Department for Education. We remain committed to help a diverse range of clients irrespective of their background or ability.

Public benefit

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

Achievements and performance

Significant activities and achievements against objectives

1-2-1 advice

Clients are usually referred by the local job centre or are signposted by other voluntary and statutory agencies. They may also access services independently. There is no limit to the number of times individuals may receive support, although appointments with a careers adviser are usually limited to one in each 12-month period.

822 new clients were helped during the year (compared with 916), and there was a total of 2,627 client sessions (1-2-1 and small groups) (compared with 4,172). The main funding for core IAG services was from a contract with the Department for Education via the prime contractor, CXK Ltd for the provision of career information, advice and guidance services, both one-to-one and in groups, and on achieving outcomes and reaching targets.

Workshops: are regularly reviewed and the following are usually offered

Additional Services:

. Working for You (employer engagement and recruitment support) . Multiply (numeracy support — contract ended 31.3.25) . Moving on Up (for vulnerably housed - contract ended 31.3.25) . Support into Work (for Ukrainians) . | Mock Interviews and Pre Interviews . Listening Service

Outreach

Services are promoted through statutory and voluntary partnerships, community forums and recruitment fairs including The Big Futures Show and the Apprenticeships Roadshow as well as at local job centre events. Outreach opportunities are regularly reviewed to meet identified need and adviser capacity.

41%

THE PEOPLE MATTER TRUST TRUSTEES’ REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025

Matrix

Annual continuous improvement checks are carried out between 3 yearly cycles of reaccreditation, to review progress and ensure that the standard is adhered to. Current accreditation ends in 2028.

General

We regularly review course content and delivery, and the Business Start Up provision. We routinely conduct audits of contract documentation to ensure quality is maintained.

We work to identify and research evolving client needs with a view to developing new services. In addition to government funding, we seek alternative funding streams including trusts, legacies and other donors and occasional events.

Key highlights during the year include:

Matrix reaccreditation For the eighth time, in its three-yearly cycle. The independent assessor reported, “People Matter has hit a new level of excellence” and that “all [the team] demonstrated care, concern and compassion for individuals”.

In the report, he recognised the ‘highly qualified team of Advisers’. ‘The Working for You (WFY) team bring a set of complementary skills and life experience and have cultivated links with local employers, and this is a source of added value for the commissioners and partner organisations’. He reported ‘one of the funders mentioned that this is a rare and overlooked feature of employability services.’

The assessor also fed back that ‘Clients interviewed were often surprised by how much they discover is offered by PM. The support was credited not only with expanding their options by also lifting their spirits’ and they expressed ‘no hesitation recommending PM for their advice and guidance, and personalised service.’

A grant from CABWI to deliver Road2Work

An employability programme offering employment support and fast track routes into work with the county’s road repair contractor and their supply chain. Road2Work promotes learning and development for adult job seekers to help them gain employability skills and the confidence to work. Specifically, this pathway focuses on our growing relationship with Balfour Beatty and its supply chain servicing East Sussex highways. Road2Work is an employability project that seeks to create a more intensive job matching service in particular for refugees and asylum seekers with the right to work, ex-offenders and job seekers with complex barriers including adults affected by homelessness.

Whilst these core groups are prioritised, other beneficiaries include adult job seekers with physical or mental health needs, veterans and carers/ex-carers. Road2Work adoptsa fast-track approach to employment support for adult job seekers who have much to contribute to our coastal economy but are sometimes overlooked by employers. Our aim is to swiftly place suitable jobseekers into shortage occupations within the highways supply chain, including groundworks.

Jobs Fairs and CrowdComms

Since 2023 we have been commissioned to deliver 5 Jobs Fairs a year across the district and boroughs.

At the end of 2024 we were awarded a capital grant of £25,000 by East Sussex County Council. This enabled us to purchase equipment and the CrowdComms digital platform. Through investment in this new technology we have been able to improve the pre-entry (saving pre-event administration time), on the day (providing a refreshed, engaging experience by replacing the need to complete paper feedback forms with electronic recording), and follow up experiences of jobseekers and employers at jobs fairs (instant logging of employer contact and information requests).

Transition to eVisa — Home Office Although the contract funding ended on 31st August 2025, we are continuing to provide vital support to individuals who have difficulty in accessing or using their eVisa, both from our offices and from Sanctuary Café in Eastbourne.

= Dz

THE PEOPLE MATTER TRUST TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025

2026 and beyond

On 1st December 2025 we commenced delivery of the Connect to Work programme, a free, voluntary and government-funded (via DWP) supported employment initiative for adults (18+) living in East Sussex who are unemployed or at risk of redundancy and are not already enrolled in another DWP employment scheme (such as the Work and Health Programme or Restart). The initiative is designed to help residents facing complex challenges, such as disabilities, long-term health conditions, homelessness, or caring responsibilities, find and stay in meaningful work. East Sussex County Council (ESCC) acts as the accountable body, coordinating delivery through a network of local specialist providers, including People Matter. The contract with People Matter, until March 2029 and with the potential to extend for a further year, is to support two groups - individuals aged 50 and older and people of any age who have a caring responsibility for a sick dependent. Participants receive up to 12 months of one-to-one guidance from a dedicated Employment Specialist who helps individuals identify strengths, build confidence, develop a personalised action plan, create CVs, and prepare for interviews. The programme offers up to four months of in-work support for those at risk of losing their job due to health issues or other barriers, including advocating with employers and facilitating reasonable adjustments. Employment Specialists at People Matter work with local businesses to understand their recruitment needs, match suitable candidates, and help create a more inclusive workforce. The program links participants with health services and other support systems as needed, providing holistic support. In October 2026, the contract with the Department for Education for delivery of the National Career Service will end and be replaced by a new "Jobs and Careers Service." The aim is to streamline employment support, integrate skills and work advice, and improve job prospects, especially for those far from the labour market, entirely funded through and managed by DWP. Discussions are currently underway regarding possible TUPE arrangements for some staff, if and where applicable.

Financial review

Unrestricted funds showed a surplus in the year of £6,116. This compared to a surplus in the previous year of £40,095.

At 31 October 2025 unrestricted funds amounted to £113,460 and restricted funds were £26,806.

Reserves policy

The charity relies on funding from various charitable trusts, grant making bodies and the support of individuals, in addition to statutory funding. Trustees have agreed that it is desirable to have reserves equivalent to three months General Fund expenditure.

Structure, governance and management

The trust is a registered charity and a company limited by guarantee. The trust is managed on a day to day basis by the Chief Executive officer and support staff. The Trustees meet regularly to carry out the legal and fiscal oversight of the charity.

Service Delivery - During the reporting year, the Trust operated from its Head Office at 55 South Street, Eastbourne and responds to local need by taking services into the community. Current venues are: Hailsham Library, St Elisabeth’s Church Centre and Victoria Baptist Church in Old Town, The Gateway Centre, South Street Free Church, Eastbourne Job Centre, All Saints Church Crowborough and Kings Church Heathfield. Services are delivered in accordance with the principles of the nationally recognised Matrix quality standard, the standard for organisations delivering information, advice and/or guidance on learning and work.

Staffing - There are 30 team members, 14 of whom are salaried (327.25 hours per week) and 16 volunteers (120 hours per week). There are a variety of work experience and volunteering opportunities available for clients needing/wanting to gain experience. There are six client advisers qualified with a Level 6 in Career Guidance, and two with a level 4 Diploma in Information, Advice & Guidance.

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THE PEOPLE MATTER TRUST

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2025

The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Dr C Webb - Chairman

D Baker - Vice Chairman

C Grimaldi

S Mackenzie

D Ingham S Fifield

Recruitment and appointment of trustees

None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

Additional Trustees are elected by the majority of the existing Trustees. Only Trustees of a suitable spiritual and business maturity are appointed and training/induction procedures are in place.

The trustees! report was approved by the Board of Trustees. uh (

Dr C Webty ¥ Chatman

Date: a Pm) i] BJP [ROR b.....

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THE PEOPLE MATTER TRUST

STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 OCTOBER 2025

The Trustees, who are also the directors of The People Matter Trust for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the trust and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the trust and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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THE PEOPLE MATTER TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PEOPLE MATTER TRUST

| report to the Trustees on my examination of the financial statements of The People Matter Trust (the trust) for the year ended 31 October 2025.

Responsibilities and basis of report

As the Trustees of the trust (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the trust are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, | report in respect of my examination of the trust’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. Independent examiner's statement Since the trust’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. | confirm that | am qualified to undertake the examination because | am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

John Caladine FCCA CTA FCIE

Caladine Limited

Eastbourne East Sussex

BN21 1BF

Date: 2FaeHeya (a0) a

-6-

THE PEOPLE MATTER TRUST

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 OCTOBER 2025

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
Notes £ £ £ £ £ £
Income from:
Donations and legacies 3 195,777 186,000 381,777 239,312 188,000 427,312
Charitable activities 4 68,678 . 68,678 70,507 - 70,507
Othertrading activities 5 . - - 10 - 10
Investments 6 1,623 - 1,623 777 - 777
Total income 266,078 186,000 452,078 310,606 188,000 498 606
Expenditure on:
Raising funds 7 5,325 - 5,325 3,150 - 3,150
Charitable activities 8 254,637 181,099 435,736 267,361 167,483 434,844
Total expenditure 259,962 181,099 441,061 270,511 167,483 437,994
Net income and movement in
funds 6,116 4,901 11,017 40,095 20,517 60,612
Reconciliation offunds: funds:
Fund balances at 1 November
2024 107,344 21,905 129,249 67,249 1,388 68,637
Fund balances at 31 October
2025 113,460 26,806 140,266 107,344 21,905 129,249

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

«7%

, THE PEOPLE MATTER TRUST

BALANCE SHEET AS AT 31 OCTOBER 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 13 28,097 12,675
Current assets
Debtors 14 24,291 28,801
Cash at bank and in hand 107,190 103,048
131,481 131,849
Creditors: amounts falling due within 15
one year (19,312) (15,275)
Net current assets 112,169 116,574
Total assets less current liabilities 140,266 129,249
Net assets 140,266 129,249
The funds ofthe trust
Restricted income funds 17 26,806 21,905
Unrestricted funds 18 113,460 107,344
140,266 129,249

The notes on pages 9 to 19 form part of these financial statements.

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 October 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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Company registration number 03360047 (England and Wales)

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THE PEOPLE MATTER TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

Company information

The People Matter Trust is a private company limited by guarantee incorporated in England and Wales. The registered office is Chantry House, 22 Upperton Road, Eastbourne, East Sussex, BN21 1BF.

1.1. Basis of preparation The financial statements have been prepared in accordance with the trust's memorandum and articles of association, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” ("FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The trust is a Public Benefit Entity as defined by FRS 102.

The trust has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

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

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

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

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Designated funds comprise funds which have been set aside at the discretion of the Trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

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

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

Voluntary income and donations are accounted for as received by the charity. Grants are recognised in the Statement of Financial Activities in the year in which they are receivable. Grants received where a donor has imposed a condition specifying a time period over which the expenditure can take place are deferred as a liability and subsequently recognised as income over specified period.

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

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THE PEOPLE MATTER TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025

1 Accounting policies (Continued)

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

Fixtures and fittings 20% straight-line basis Computers 33.3% straight-line basis

Computers

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Financial instruments

The trust has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the trust's balance sheet when the trust becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.9 Employee benefits

Termination benefits are recognised immediately as an expense when the trust is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the trust's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

-10-

THE PEOPLE MATTER TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025

3 Income from donations and legacies

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
£ £ £ £ £ £
Donations and gifts 10,163 - 10,163 13,682 . 13,682
Legacies - - - 1,378 - 1,378
Grants 184,747 186,000 370,747 222,396 188,000 410,396
Tax refunds 867 - 867 1,856 - 1,856
195,777 186,000 381,777 239,312 188,000 427,312
Grants
ESCC Support into work - 168,500 168,500 . 188,000 188,000
ESCC Multiply grant 25,600 - 25,600 51,200 - 51,200
ESCC Moving on up - - - 108,950 - 108,950
ESCC Other Grants 92,543 - 92,543 - - .
John Jackson Charitable
Trust 14,000 - 14,000 7,750 - 7,750
Wealden Community
Grant 8,500 . 8,500 10,000 - 10,000
Home Office 25,180 - 25,180 . - .
Lottery Community Fund - - - 15,452 - 15,452
Garfield Weston
Foundation . - - 10,000 - 10,000
CABWI Road2Work - 17,500 17,500 - . -
Other 18,924 - 18,924 19,044 - 19,044
184,747 186,000 370,747 222,396 188,000 410,396
Income from charitable activities
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Charitable activities
Outworkfunding(CXK) 68,678 70,507

4 Income from charitable activities

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THE PEOPLE MATTER TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025

5 Income from other trading activities

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Card sales - 10
6 Incomefrominvestments
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Interest receivable 1,623 777
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fundraising and publicity
Fundraising 5,325 3,150

-12-

THE PEOPLE MATTER TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025

8 Expenditure on charitable activities

Charitable
activities		 Charitable
activities
2025 2024
£ £
Direct costs
Staffcosts 328,986 343,153
Depreciation and impairment 13,255 6,352
Training 2,896 250
Rent, rates and water 30,068 29,693
Repairs and maintenance 230 606
Bank charges 56 76
Travel and entertainment 1,390 956
Cleaning and shredding 1,403 1,157
Insurance 2,326 3,829
Irrecoverable VAT 13,358 11,895
Subscriptions and licences 7,664 6,955
Telephone and internet 3,900 4,565
Marketing 4,935 3,812
Printing postage and stationery 4,455 4,400
Computercosts 13,348 9,877
Client and sundry expenses 3,446 1,083
431,716 428,659
Share ofsupportand governance costs (see note 9)
Governance 4,020 6,185
435,736 434,844
Analysis by fund
Unrestricted funds - general 254,637 267,361
Restricted funds 181,099 167,483
435,736 434,844

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THE PEOPLE MATTER TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025

9 Support costs allocated to activities

Support costs allocated to activities
2025 2024
£ £
Governance costs 4,020 6,185
Analysed between:
Charitable activities 4,020 6,185
2025 2024
Governance costs comprise: £ £
Accountancy 1,400 2,075
Legal and professional 1,320 2,810
Independent examination 1,300 1,300
4,020 6,185

There were payments to the independent examiner of £1,400 (2024: £2,075) for accountancy services, £1,300 (2024: £1,300) for the independent examination and £1,320 (2024: £1,010) for other professional services, i.e. payroll, VAT and registered office services.

10 Trustees

None of the Trustees (or any persons connected with them) received any remuneration or benefits from the trust during the year.

During the year the Trustees donated £540 in aggregate to the Trust (2024: £720).

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THE PEOPLE MATTER TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025

11 Employees

The average monthly number of employees during the year was:

2025 2024
Number Number
14 16
Employment costs 2025 2024
£ £
Wages and salaries 296,872 310,829
Social security costs 18,662 18,701
Other pension costs 13,452 13,623
328,986 343,153

We estimate Volunteer hours (120 per week) provide an annualised value of £76,190 to the charity (based on £12.21 per hour) (2024: £130,278 based on 219 hours per week at £11.44 p/h)

There were no employees whose annual remuneration was more than £60,000.

Remuneration of key management personnel
The remuneration ofkey management personnel was as follows:
2025 2024
£ £
Aggregatecompensation 87,249 87,920

The aggregate compensation figure includes gross pay, employer's national insurance and pension contributions, The charity's key personnel are the Chief Executive Officer of People Matter and the Director of Operations, who are responsible for the day to day management of the charity.

12 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

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THE PEOPLE MATTER TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |13|Tangible|fixed|assets| |Fixtures|and|Computers|Total| |fittings| |£|£|£| |Cost| |At|1|November|2024|32,128|61,477|93,605| |Additions|19,915|8,763|28,678| |At|31|October|2025|52,043|70,240|122,283| |Depreciation|and|impairment| |At1|November 2024|28,365|52,565|80,930| |Depreciation|charged|in|the|year|5,420|7,836|13,256| |At|31|October|2025|33,785|60,401|94,186| |Carrying|amount| |At|31|October|2025|18,258|9,839|28,097| |At|31|October|2024|3,763|8,912|12,675| |14|Debtors| |2025|2024| |Amounts|falling|due within|one|year:|£|£| |Trade|debtors|7,025|6,808| |Other debtors|11,288|12,356| |Prepayments|and|accrued|income|5,978|9,637| |24,291|28,801| |15|Creditors:|amounts|falling|due|within|one|year| |2025|2024| |£|£| |Other taxation|and|social|security|16,270|11,765| |Accruals|and|deferred|income|3,042|3,510| |19,312|15,275| |16|Retirement|benefit|schemes| |2025|2024| |Defined|contribution|schemes|£|£| |Charge|to|profit|or|loss|in|respect|of defined|contribution|schemes|13,452|13,623|

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The trust operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the trust in an independently administered fund.

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THE PEOPLE MATTER TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025

17 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 Incoming Resources At 31 October
November resources expended 2025
2024
£ £ £ £
Overcoming Barriers (Support into Work) 14,087 - (2,633) 11,454
ClientAssistance 891 - - 891
ESCC - Support into work 6,927 168,500 (160,966) 14,461
CABWI Road2Work - 17,500 (17,500) .
21,905 186,000 (181,099) 26,806
Previous year: At 1 Incoming Resources At 31 October
November resources expended 2024
2023
£ £ £ £
Overcoming Barriers (Support into Work) 497 15,000 (1,410) 14,087
ClientAssistance 891 - - 891
ESCC - Support intowork - 173,000 (166,073) 6,927
1,388 188,000 (167,483) 21,905

The following restricted funds were in operation during the year:

Overcoming Barriers (Support into Work) (Formerly SCDA) - grant towards the support of local residents.

Client assistance fund - a discretionary fund to provide additional support to clients if needed.

ESCC Support into work - funding provided by ESCC to carry out job support activities.

CABWI Road2Work - funding provided by CABWI for the Road2Work program.

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THE PEOPLE MATTER TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025

18 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At1 Incoming Resources At 31 October
November resources expended 2025
2024
£ £ £ £
Reserve fund 30,000 - - 30,000
General funds 77,344 266,078 (259,962) 83,460
107,344 266,078 (259,962) 113,460
Previous year: At 1 Incoming Resources At 31 October
November resources expended 2024
2023
£ £ £ £
Reserve fund 30,000 - - 30,000
General funds 37,249 310,606 (270,511) 77,344
67,249 310,606 (270,511) 107,344

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THE PEOPLE MATTER TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025

19 Analysis of net assets between funds

Unrestricted Restricted Total
funds funds
2025 2025 2025
£ £ £
At 31 October 2025:
Tangible assets 28,097 - 28,097
Current assets/(liabilities) 85,363 26,806 112,169
113,460 26,806 140,266
Unrestricted Restricted Total
funds funds
2024 2024 2024
£ £ £
At 31 October 2024:
Tangible assets 12,675 - 12,675
Current assets/(liabilities) 94,669 21,905 116,574
107,344 21,905 129,249

20 Operating lease commitments

Lessee

The charity has commitment of future office lease payments on property at Second Floor, 55 South Street, Eastbourne, until 2026.

At the reporting end date the trust had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2025 2024
£ £
Within one year 13,693 21,000
Between two and five years - 13,693
13,693 34,693

21. ~+Related party transactions

There were no disclosable related party transactions during the year (2024 - none),

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