2022-03-31-accounts

ROMSEY MILL TRUST CONSOLtDATED REPORT AND FtNANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST MARCH 2022 A8JD2N7H* 2111212022 COMPANIES HtXJSE A19

RDMSEY(MILL TRUST CONSOLIDATED FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31 ST MARCH 2022 CONTENTS.. PAGE.. Board of Management Report Auditor's Report Con501idated Ststemeni of Financial Activilies 22 Con501idated Balance She¢t 23 Charity Balan¢e Sheet 24 Consolidaitd Stsiement of Cash Flows 25 Notes to the Financial Statements 26-35 Linked Company: Cara Coffee Litnited.. 11901327 (England and Wales) Principal Address and Registered Office.. Romsey Mill Centre Hemingford Road Cambridge CBI 3BZ Banker5: Natwest Bank Fitzmy Street Branch 36 Fitrmy Streei Cambridge CBI IEW CAF Bank Ltd 25 Kintss Hill Avenue Kings Hill West Malling Kent ME19 4JQ Auditors.. Prentis & Co LLP Chartered Accounthnts & Stacurory Auditors 115c Milton Road Cambrid8e CB4 IXE Solicitors.. Ashions Legal Chequers House 77-81 NewmaTk¢t Road Cambridge CB5 8EU K¢gisteTed Charity Number-. 1069905 Registered Company Number: 03556721

ROMSEY MILL TRUST PAGE I BOARD OF MANAGEMENT REPORT FOR THE YEAR ENDED 3 1ST MARCH 2022 The tn￿(teS are pleased to present their annual Board of Management Report togeiher with th¢ financial statemencs of th¢ charity for th¢ year ¢nding 31° March 2022 which are also prepared to meet the requirements for a dtrectors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011. the Compani¢s Act 2006, the Memorandum and Article5 of A550Ciation, and A￿ounting and Reporting by Charities.. Statement of Recomm¢nd¢d Practice applicable io charities preparing iheir a.ccounts Trrt accordance with the Financial Reporting Standard applicable in ¢he UK and R¢publi¢ of Ir¢land (FRS 102) issued October 2019 {effective 1° January 2019). BACKGROUND Romsey Mill is a Cambridge based charity. creating opportunities with young people, children, their familie5 and local conununiries in Cambridgeshire and Pe￿rbor0U8h. Esthblished as a community oiganisatiorb in 1980, to provide facilities and develop activiti¢5 with young people. families. and the wider Community a5 an expression of Christiat) faith in action. Romsey Mill Trust beume constituted as a charitable company in 1998. Today, Rom5¢y Mill 15 creating a wid¢ rang¢ of opportunitie5 that include-. growing social connections aTHI relarionships. developing positive and developmental activities- providing practical and emotional care. enabling learning and ski115 progres5Lon- supporting equity and participation., nurturing compassion bnd well-being. fostering joy and hope. The Romsey Mill team are alongside families with pre-school children, teenage mothers. young fathers and children and young people living through Serious life Challenges. Romsey Mill also collaborates with. and provides Suppo￿ guidance and training to a range of community group5 and organisations. DIREcTORs￿RuSTEEs Th¢ dir¢£tors of the chai"itsble cornpany (the charity) ar¢ its Trustees and ale collectively r¢feThed ro as th¢ Board of Manag¢m¢nt (the Board). The mefflbe￿ of the Board of Management during the year were as follows.. Alistsir Ba Cara Cooper Julian Hildersley Kim Pearson Tim Phipps Marion Saund¢rs {r¢sign¢d 15th Seplember 2021 > Angela Single (Chair of Trusiees) Nigel Taylor Stewart Taylor (resigned 27th July 2022) Colin Makin (appointed 15 September 2021) LEADERSHIP & MANAGEMENT Neil Pery {Chief Executive Officer) James Bennett (Programme Manager) Diane Hicks {Operations & Resources Manager) Neil Thompson (Fundraising & Communications Manager) OBJECTIVES. ACTIVITIES AND PUBLIC BENEFIT Romsey Mill's Vision, Mtssion thd Obje¢ts- Romsey Mill's vision is of transforrned swiety wher¢ all young people. ¢hildren, and families fully belon& positively contribute. and thrive. Working to make this vision a reality, the mi55ion and intent of Rotnsey Mill is to create opportunities with young people and families io overcome dTrsadvanth8e. promote inclusion and develop personal, social, and spiriwal wellbeing. The current geographical focus of our.thaTitable work 15 Cambridgeshire and Peterborough. We also provide d¢v¢loprn¢nt and l¢aming opportuniiies ro people in other paTts of the United Kingdom.

ROMSEY MILL TRUST PAGE 2 BOARD OF MANAGEMENT REPORT FOR THE YEARENDED 31STMARCH 2022 Romsey Mill's Yision for the fvture and purp)5e in the preseni are inspired by beliefs and values rooied in Christian faith. W¢ work openly and inclusively with people of any faith and of none. Romsey Mill's charitable obj¢cts are set out in our Memorandum of Asw¢iation and can be 5ummari$ed as follows.. (a) To advance education (b) To promote good citizenship for the public lyenefit with the commitmeni ￿ promote equal opportuniti¢s for those individuals and groups who encounter discriminion (¢) To advan¢e the Christian faith (d) To provide help. advice, and positive support to thos¢ in economic or other need or hardship (e) To promote and fulfil such other charitsble purposes ¥$ th¢ Tn]stees may from time-to-time think fit Principal Aims & Activitie5: In pursuance of our charitable tsbjects and to achi¢ve our Stra￿gi¢ outcomes. Roms¢y Mill puts relationships ai the hean of who we are and all that we do. In our commitment to overctsming disadvantage and growing opwTrrtunities with young people. children and families, we collaborate io develop more connected and resilient rnmuniti¢s. W¢ engag¢ with participants in varied and flexible ways. For families with young children this includes early year5 care & education,. paT￿lIng sUPPOrt at home and in community settings. information advice and guidance on matters including housing and f￿ancial support adult learning and life skills courses. For young people ihis includes detached. tailored, and open acces5 youth work., outreach into schools" mentoring l- lo-l and in stnall groups; interest-based acrivities (including arts. music, music technology. sport5)' alternativ¢ education & Yocational cours¢s' leisure. culwral and outsloor tesidential experiences. The Romsey Mill team builds relationships wilh young people. children and familie5 in Cambridgeshire and Peterborough. particularly with those experiencing multiple life challenges and significant disadvantage. We are co-creating and continually shaping our programmes with participants and partners. we work to develop facilities that are local hubs of welcome, belonging and purpo During the 2021-22 year that this report relates to. Romsey Mill managed the ￿ntInuing impact of the Covid pandemic. trsponding to required Gov¢rnment directives. Even so, we &vried on growing relaiionships and ndenaking our chariiable work within the following spheres- Pre-school- developing local community connections and directly supporting families by providing care and education for children from th¢ terni after their second birthday to when rhey sran nursery or rettption class at primary Sch￿1. Operating from our two purposerflesigned Ofsted regist¢red settings, children ¢njoy learning and growing together through u¢ative play and other shared activities. The focus of our Early Year5 care and educaiion with the children includes cornrnunication #nd language. phy5i¢al developmeni" personal. so¢iai, and emotional developtnenl; literacy- tnaihematLCS- understanding the world. expressive arts and design. Yowig Parents- coordinating and contribuling w the improvement of support available (o young parents acm5s Cambridgeshire and leading the direct provision of support in Cambridge for teenage and young parents (first-tim¢ mums 19 years of age and uTrder. dads up 10 25). We provide specialist personal. educational, health, and parenting support (including housing, finanrxs. education. and employment advice) to equip young parents and theii children for posltive futures. Aspire with autistic young peopl¢ (age 9-18+ years). Atstism is a lifelong developmental disability which affects how people communicate and interact wilh the world. Our team crea social space and positive group activities. provide learning suppon and menioring, model and teach life skills. We also give 5UPPOrt to parents of auiisiic young pw¥le. liaise wilh education and social core professionals, and sign-posi families to other places of help and advice.

ROMSEY MILL TRUST PAGE3 BOARD OF MANAGEMENT REPORT FOR THE YEAR ENDED 3 1ST MARCH 2022 Youth Development engaging in supponive relaiion5hip$ with l)-25-year-olds who are fa¢ing considerable life challenges. co-creating posiiive activiiies. offering advice, skills development and guidance In￿ educaiion. training, and ¢mployinent. Our Youth Development Team's work integrates ¢ommunity-bas¢d activitie5 and young-person led projects, 1.1 support and meDtorin& Alternative Education in partnership with schools, personal & spirirual development initiatiV¢5 Kn partnership with local ehurches. post-16 and post-19 Pro￿essionS supportlguidance. Community Developmenf Romsey Mill helps to grow relatlODally ¢onnected communities. We encourage and fa¢ilitat¢ communiiy members io com¢ together and develop initiatives which generate solutions to common challenges (usually focussed on buildFng stronger and mor¢ resilient local communities for young people, children. and families). We promote equality. inclwion, diversity and social justice. through ihe organisation. education. and empowernieni of people wiihin their communities. Romsey Mill manages community buildings and facilitie5 that are available for full use by th¢ gen¢rdl public. We also Set up and run Social enterprises offering a range of volunteering and training oppominiiies. We work from a vari¢ty of community building5 and facililie5 #cr(>ss Cambridge, the South CambTidg¢shire district, 2nd in HaEnpton (Peterborough). Romsey Aldl Centre, lo￿ted in Cambridge city. is th¢ rnain offjce for Romsey Mill's team. The range of Romsey Mill's work is resourced through: financial and in-kind donations from individtsal& wps. organisations. busine5se5 grants from Trusis and Foundations statutory giants & contracts Romsey Mill's own 'enten)rise-income'. This social enterprise a¢tivity includes tTaining courses. charity retail shop offering a rdnge of affordable clothing and household items, a Community-run coffee shop, and the hire of meeting rooms and other facilities. For the nk)si part.. our activities and services are free of charge to participants: where there is a cost for som¢ sp¢¢ifie activities, cortces$ions are made for people in financial need. RoTnsey Mill engages in parrnership working. strucDJred and inforn)al. ¢ollaboration wilh a broad range of group5 and bodies. They include otheF voluntary organisations, churches, schools. colleges, univ¢r51ties, Community-led groups, local businesses and larger companies, local authorities. and other publi£ sector b(xlies. Partnership work opens more etyective ways io engage wrth young people. children and families and grow community capacity and r¢5ili¢n¢¢ than acting alon¢_ Staff and Volunteers: On 3 IY March 2022. the Romsey Mill salaried staff team comprised 53 employees (previous year- 51)= 20 full- time (previous year 19),. 33 part-rime (previous year . 32)" wirh a full-lime<quivalent of 34.7 staff tntrnbers (previous year - 33.6). Volunteers coniiftue ￿ fulfil very imporrani roles within Ihe lif¢ of Romsey Mill across many area5 of our PTogrdmme activiiies and operalions. In the 2021-2022 year. OUT charitsble work benefstted from the ¢omrniirnent and skill of 107 regular volunteers {pr¢vious year 75). Romsey Mill would usually be 5Ltpported by 70+ volunteers at one-off events or activhties but due to ongoing Covid restrictions. for a second year we did noi run our normal schedule of events. Students undertaking courses of Study with Anglia Ruskin University. University of Cambridge. and local Sixth-Fom Centres norn)ally undenake pla¢¢m¢nts with Romsey Mill as part of their learning. These opportunities continued io be negatively impacted due to Covid. Romsey Mill's rrusleeslcompany directOTS all give their time, experience, and skill on a voluntary ba515.

ROMSEY MILL TRUST PAGE 4 BOARD OF MANAGEMENT REPORT FOR THE YEAR ENDED 3 1ST MARCH 2022 Public Benefit Statement: The Trust¢¢5 have r¢ferr¢d to the inftirnwion Colltsit￿ in the Charity Commission's general guidance on pub12c benefit when reviewing the aims and objectives and in p14Trning future activitie5. In particular, the Trustees consider how planned activities will contribute lo the aims and objeciives Romsey Mill h&$ set. The Board also re-evaluates th¢ 5trdtegic prioritie5 of ihe charity from time to time to en5ur¢ that th¢y rneet current needs and remain focused on the charity's srated Purposes. The 'Achievements and Perfomance, section of this report provides a summary of how Rom5¢y Mill's acuviti¢5 have provided benefit io a broad range of people. Specific objectives. set for the ¢wo-y¢ar period from April 2021 to March 21123. are: Reconfjgure our Young Parents Progrdmme staff team and delivery mod¢l for new Cambridgeshire County Council ContracL tsking into account Comic Relief funding for the Children Survive and Thrive.. Rise and Shine project. Undertake focussed work to secure new sourc¢5 of fundin& including from Trust Funder5 2nd local community, for our Aspire programme and OLW Youth Developmen( Teams. work with vulnerable young people in PeteTborough. Complete contract agreement with Cambridge City Council to njft new Mill Road Community Centre. in collabordtion with the local volunteer-ntn group Petersfield Area Community Trust, e5tabli5h a management grctup artd produce budget and business plan- complete fii-oui; appoint sthff,. open centre. Continue work in paTTheTshrp with Carnbourne Youih Partnership and Carnbourne Town Council co rinalise funding arrangemeDts enabling Commencemeni of building work for new youth facility_ Complet¢ a business plan for Youth WO￿ training and 5¢cure additional and more sustsinable funding for the ongoÉng delivery and development of accredited youth work training aTrd mentoring opportunities by Romsey Mill. for volunreers and career youth workers in Cambridgeshire, Petetborough and beyond. Refresh id¢ntitythrand mapljogo considering the relarional DNA of Romsey Mill's work. Apply learning from the Youth DevBlopment Tearn's Theory of Change capaci(y building proJ￿t with NPC and develop a Theory of Change with Aspire and Young Parents Programm¢5. Improve ihe sei of measuremeni tools we are using to measure oUwU￿ outGornes. and impact across our Progrdmtnes. Review current operatÈonal and administrative capability and fvnction. then develop and implement an improvement and capacity buildin8 plan. Undertake thinking and planning to grow lead¢r5hip cap¥ity and ensure capability development (particularly regarding Coordinator and LMT roles) and to strengrhen our reiention and 5ucce5sion planning. Complete researth and then implement 'Relational thtnking and practice, wiihin Romsey Mill. focusing on how our attitud¢5. behaviour5 and aaions can help to grow stronger relationships arhd looking at how we might measure this aloThgside other monitoriDg and m¢asuremenf work, linking with our Theory of Chang¢ work. Carry out a review and assessment of Romsey Mill's current approaches to diversity. inclusion. equalities. a¥Ld participation related to Romsey Mill's gov¢rnanc£. employment practice and programrne activitie5, leading io ihe development and implementation of an improvement plan. Implementation of Donorfy CRM and new Rotnsey Mill website. followed by sustained effective ulilisation with review and development after 6 months of goin8'live', and annually thereafter. Achievements and Performanee The following includes general achievem¢Dts and wfom)ance as well ls progress againM the specific objectives set for 2021 2023. On 22. Febnjary 2021 ihe UK Governmeni published a roadmap for lifting the lockdown linked to the Covid pandemic. In April 2021, the fKrst month of the reponing period for this report. non￿sential rethil. public buildÉng5, and outside venues reopened. though wider social Conract rules continued io apply in all. In July 2021. mosi legal limits On 50¢ial ¢oJ)(aci were removed. HoweveT. in December 2021 the Governmeni announced a move to 'Plan B. Me￿ureS (wintrr plan for Covid) in England, following the spread of the Omicron variant. Throughout this 5xond year with Covid, Rornsey Mill provided significant 5UPPOrt ro young

ROMSEY MILL TRUST PAGE 5 BOARD OF MANAGEMENT REPORT FOR THE YEAR ENDED 31 ST MARCH 2022 people. £hildren, their families, and the local community. adapiing as needed to the conditions and capacity. issues ￿sing from the pandemic. In addition to our core Programme. w¢ continued to p¢rfomi a role in helping to coordinate and support local community r¢sponse5 in th¢ Pettrsfield and Coleridge Wards of Cambridge city- and offering advi¢¢ to the mu¢ual aid group in Rom5¢y Ward. &s and when requested. The following key achievements were brought to fruttion during the 2021-22 year in accordaTh¢e with Romsey Mill's chariiable objects. Advancing education: Learning and Dev¢lopm¢nt OPPOTtuniti¢s were planned Jnd provided by all of Romsey Mill's Programme teams. We continued to adapt our rnethods of delivery, u5rng online video platforms and in-person meeting spaces with appropriaie social distsncing. In the 2021-22-year, Govemrnent Covid guidan￿ specified thyt Early Y¢Jrs settings should OPe￿￿e a5 consisiently as possible io provide care and education. particularly for V￿[￿erable families_ Roms¢y Mill provided Pre-school sessions from both our settings with $￿ff team membeis supporting all families registered with us. Where any ¢hildren were not in regular attendance, we kept in contact through regular 'Safe and Well, phone ca115 to help ensure families weren't strnggling alone. Ihe team also ca￿led on supporting families to a¢c¢ss Foodbank5 and other welfare provisions. Pre-school worked extsrmely hard this year to ensure our settings remained Covid-safe. Across our two Pre-school care and education settings (l)oth in Cambridge city) we had 63 children on register (prevsOU5 year.. 56). Of these, 19 children were eligible during the year for the 2-year-old fllnding entitlement for disadvantaged fatnilies {previou5 year: 32). Familie5 of 37 ¢hildr¢n wer¢ in rKeipt of the Govetnment's three- year-old funding granl, with only 7 famtlies paying any fees (previous year.. 2). The updated Early Years Foundation Stage was implemented in settings. Continually looking io strengthen our practice. t¢am rnembers in both of our settings undert(bok training on how w¢ can improve Literacy and MathematLCS through play. Romsey Mill'5 Young P4trents Progrunvne (YPP) worked creatively and flexibly. throughout the year, to maintain our provision of learning and development oppominities. In recognition of our expertise and role as county coordinatots we were invited ttTr join a small group of Edu￿tion Inclusion Officers and other professionals to update the policylguidance given to schools regarding young rnums and young dads. Th¢ main ¢ducation and learning opportunitie5 that Rom5ey Mill prOV￿ed during the year were.. The 'sHfNE' s¢lf-¢steem and confidence building course ran (6 weekly sessions) during th¢ summer tern of 2021. with 6 young muros participaiing (Ihe previous yw we were unable to deliver thi5 due t Covid). Our 'Healthy Cooking otl a Budget. wurse (10 weekly sessions) ran in Auwmn 2021. with 6 mums #nd I dad parEicipacing (previous y&4r.' 4 l¢arners). The 'Arts Award, (Bronze level. 10 weekly sessions) delivered in collaboration wilh the FIt￿IllIaM Museum. ran in-person during Spring 2022. We welcomed 6 young mums as learners on thi5 course (previous year.. 3 learners). Two new parentitjg course5 - Sew and Thrive (over 4 weeks) whkch 3 mums accessed. and Cr¢ative Play (over 5 weeks) which 6 Tnuffts, 2 dads and their children attended. Five antenaral courses over the year, All of whi¢h were still online as unvaccinaied pr¢gnant women w¢re at high risk of Covid complicaiions (and sev¢ral of the familie5 chose not to be va¢cin*ed). Over the 5 courses 20 murns IpTevious year.. 21 mums} and 9 dads Tnums (previou5 y¢wr.' 5 dads) attended. Thes¢ par¢nts were from Carnbridge {14). South Cambs (9) and FA%1 Catnbs16). Two accident prevenlion and firsi aid sessions which were attended by 8 dads and 6 mums (the previous year we ran one 'First Aid, course. delivered online. with 4 mums and 2 dads attending).

ROMSEY MILL TRUST PAGE 6 BOARD OF MANAGEMENT REPORT FOR THE YEAR ENDED 3 1ST MARCH 2022 The educational opportuniti¢s that the Young Patent Programm¢ off¢rs through our Short course5 helps young parents to gain confidence in leamin8 which. in encourdg¢s those who ar¢ Teady to start a college course or engage in th¢ world of work. Our Youih De￿lOpmen1 T¢t7m (YDT) saw a 5igTrificant rise in the nurnbevs of young people engaging with learning and development oppothnities from across Cambridg¢, South Camb5, and PeteTborough in the 2021-22 year a5 Covid restrictions lifted. Open-A£cess Youth Clubs ctsuld not operdte through th¢ first year of the pandemi¢ and so our engagement with young people in the previous year focussed on one-to-one and sinaller group work wilh those m05t at risk. Engaoement in 2021-22 came through regular open ac¢¢$5 youth work sessions and infornial ￿0up$ of varying sizes in local communitie5, school-b85ed small group work and one-to- one sessions, trips and oth¢r one-off activitie5. In summary. the key education and learTriDg opportunities thar Romsey Mill provided dursng the year were: 796 young people engaged in Inforn￿l learning through regular open access youth work session$. 246 young people engaged in inforn￿l learning through targeted communiiy-ba5ed group work. 55 activity trLP5 and 2 outdoor residentia15 provided. 62 young people supported with their education through s¢hwl-based group work. 39 young people supported with th¢ir eduC￿lon through schi)ol-bas¢d l. I sessions. Engagemenvpamership work with 5 Primary Schools. Engagementlparther5hip work with 13 Secondary School$. Engagemenupartnership work with l Alternative Provision Academy. Through the year we continued our delivery of WoT Trninillg courses and workshops to Romsey Mill's young leaders, other volunieers. and ¢mployees based with Romsey Mill and from other organisations. Th¢ activities and ou(cornes achieved were.. 39 leamers enrolled on a L£vel-2 Youth Work course in February 2022 with 34 learners COTnpleting the course session5 at the end of May 2022. 32 learners submitted Workbooks in June and July with evidence of learning and achieved the required leyel io gain a level 2 qualificaiion (previous year.. 41 enrolled with 36 8aintng qualification). I I leamers enrolled on the Level-3 Youth Work course in September 2021. 10 l¢amers completed the course 5es5ion5 Wjth 7 learn¢TS producing the necessary ¢vidence lo achieve ihe qualification (previous year-. 7 enrolled with 5 learners gaining qualification). We tan 5 training workshopslwebinars (previous year". 4) covering the following themes - 'Introduction to Youth Work., 'Detsched Youth Work. X 2, 'Managin8 Challenging Behaviour in Youth Work,. 'MeeiiDg young people where they're at,. In total 117 participants attended th¢se learning #nd development workshops (previous year.. 93). Th¢ autl51ic children and young people within our Aspire Progromme experience a range of ¢hallenges thai can have a detrimentsl impact on their engagement with and progression in educaiion. They can find it tnuch rnore challenging io make friends and develop social 5ki115 because their autFsm affects the way they communicate. relate to others, and make 5¢ns¢ of the world around ihem. The engagemenl learning and development opportunities for these young people came through weekly ¢ommunity-based youth club 5e$5ions, school-ba5ed small group work and one-to-one s¢s5ions. and one-off posilive activity trip5. In summary. Ihe key educaiion and learning opportunilies that Romsey Mill provid¢d through Aspire during the year w¢r¢.- We supported 159 autistic children and young people {prtvious ye: 142) across 12 distinct communily- based youth clubs (previous year-. I l ), and one-tO-on¢ mentoring sessions, both in-person and on-lin¢. This support helt& th¢m grow self-efficacy and confidence and improve communication skills and other social apiiwdes. We continued to work with Cambridgeshire County Council and with schools to deliver alternative education provision and one-to-one mentoring with 7 young peopl¢ (previous yeAr-. 6), patd for from their education budget. From within our Aspire Plus group. we supponed 6 young people {previous year-. 2) as they progressed on to university. Two of th￿C young p¢ople began university locally so were abk io continue attending a club with us.

ROMSEY MILL TRUST PAGE 7 BOARD OF MANAGEMENT REPORT FOR THE YEAR ENDED 31ST MARCH 2022 Promoting g¢)od citizeMship for the public benefit wtth the commitment to promots equal opportunities for those individuals and groups who encount¢r dis¢rimination- Th¢ Romsey Mill team continued to demon5trdte a shared attitude of purposefulness, wilh a Commitment to action, to help ensure that individuals and groups who encounter discrimination hav¢ incre&8ed opportunity to contribute to and benefit from opportunilies and help. Romsey Mill engaged young people. children, and families with diverse soGial. ¢ultUTal. and ¢thnic backgrounds 8nd a range of protecied charncteri5tics. We also continued to be intentional in pmmotiDg the importance of active social responsibility within local communitie5, to address needs and to enhante capabilities. whil￿ opporninities for people to volunteer with Romsey Mill became more accessible as the Covid resknctions were lifted. for a second year njnning our laTger scale public events did not take place due ￿ Covid precaution5 which meant that some of our normal volunt¢ering opportUEhities were not available. R0rn5ey Mill's Pre￿ChoOl and Young Porents Progranvne teams were supported by 5 volunteers, including one parent volunteer (previous year". 9) who participated the provision of early years care & education and family 5UPPOrt. For a second year running there were no student pla￿l¢nts due to the Covid 5af¢ty measur impl¢m¢nt¢d by 5choo15 and colle8es. Our Aspire Progrumme has benefitted from'lo volunteer5 2nd placement swdenrs (previous year-. 8), 5 of whom have autism themselves and were part of Aspire when they were younger. Two of the volunteets wilh us are siblings of Aspire participants who wanied to contribute their lime io Aspir¢ youth clubs. because they have lived ¢xp¢ri¢nce of the p051tive difference Aspir¢ brings to familie5. Whilst the number of volunteers and placement Students is a little higher than the previou5 year, we still have fewer volunteers than pre-pandemic. Creating volunteering opponunities wilh people who have Autism coniinues lo be a Wdluable aspect of our work to promot¢ and improve equal oppOr￿nItIeS, and to ¢rLsur¢ that th05e with 4ived experience of auii5m ar¢ at th¢ heart of developing our programme. The number of young people that our Youlli Dtvelopmeni feom regularly engaged with inueased 5ignific8ntly compared with the previous year (whicb w&$ the first full year Of the Covid pandemic when more Government lockdown and social distancing measures were required). In total. 1192 young p¢opl¢ were engaged by Romsey Mill in positive support and activities (previous year.. 766) during 2021-22. This wa$ 76 more young people than the 2019-20 year (recognising ihat Covid did begin io impact in the last quarter of Ihis year, with the first UK lockdown5 announrxd on 23rd March 2020). Mainthining a focus of being alongside young people who experience inequality of opportunity. including those coping with considerable challenges. our 'p05itive relationships. approach developed openings. response5. and outcomes derived from young pwple's strengths and abilities. Across the reportin8 year. 26 young people acting a5 young leaders (previous year." 14), plus a rther 63 volunteers {previous year.. 53) were involved in supporting Romsey Mill's Yourh Development Team a¢tivi¢i¢5, Wlthin th¢ requirements of Covid safety me&sures. This demonstraiion of aciive cifizenship, partieularly with so many young peopl¢ at th¢ heart of shaping the development of our prograrnme5. enhanrxs Romsey Mill's ability to support ihose young people who experience discrimination. Our volunteers continue to come from the diverse cornmunities where Romsey Mill is presenr and active. In addition to strengthenirtg all of Rornsey Mill's Prwammes. VolUn￿erS provided essential 5UPPOrt to rhe ndraisin8, administrdtive, and govemance functions of our charity. Advaneing the Christian faith: li was a group of local people and churches. motivated by their shared Christian faith. that came together to establish Romsey Mill in 1980. Today. a diverse and inclusive collaboraiion of people. groups, and organi5ation5 are active in the work of Rorns¢y Mill. Chrisiian beliefs.and values continue to inspire our engagement wilh young people.'families. and cornmuni¢i¢s in supporting local need and growing local opportuniries. We consider each and every person to be unique and valuable and therefore w¢ work inclusively with people of any faith and of none. ihrough actlvilies thai embrace & fvll commiknent to social justice and contribute to personal and community transformation.

ROMSEY MILL TRUST PAGE 8 BOARD OF MANAGEME￿[ REPORT FOR THE YEAR ENDED 31 ST MARCH 2022 Some of Romsey Mill's activities Combine opportunities to explore a Christian message of faiih, hope and love wiih the ouiworking of thal m¢55age through social action. These are made possible be¢au5¢ of partnership working and specific fvnding from local churches and Chrisiian grant making trusts. Roms¢y Mill conrinued existing work and developed new opportunities including, but not limired to.. Our Deeper Residential for yOUAg people. nornially led by the Youth Development Team, didn't tske place in 2020 due to Covid restrictions. ITh the surnrner of 2021. we were able organise a day of activiiie5 following a similar approach to the Deeper residentials. we hope lo return io the ￿ller Residential in 2022. Shelford & Siapleford yO￿h Inilioiive ￿Sy1).' developing a[￿ martaging local youth work wilh SSYI and Several churches in the South Cambs villages of Great Shelford, Little Shelford, Stapleford. and Saw5ton. Beocon Yo¥ih frwi (BIT).. d¢v¢loping and managing local youth work in Linton with Bwf and two Iwal Churches. Ckrisi ihe Servoni King COJE Ch¥r¢h.. d¢veloping and managing local youth work in Hampton, Pererborough. Diocese of Ely.. Rotnsey Mill provides Professional youth work sup¢ryision tts youth workers employed wiihin the Diocese who are part of the Thrive pioneer iniliativ¢ in Huntingdon. Wisbech and St Neots. The 8￿0￿ Cambridge.. provided New Baby Bundles for familie5 within our Young Parents Programme and offered other support. Cambridge Youth Ivork Colle¢ttve.' a Cambridge-wide rhetWOTk for Youth Worker5 frotn churches and Christian charities. Romsey Mill is involved on the sieering group for this network. Youthfor Chrisi.. in Ma￿h 2022 WÈ d¢liver¢d an online webinar entitled 'Meeting young people where they're at, at one of their national youth work cortferentts. A4¥m3Mwn Cambridge.. Rom5ey Mill's Young Parents Programme Coordinator 15 on the mattagement group for this befriending projeci. Local churches partnered with Rom5ey Mill by supporting our WOTk financially and through providing fo(Ki parcels. Christmas hampers and other gifts that weie disthbud by liom5ey Mill to families and young peopl¢ in economic need. In November 2021. our Youth Work Coordinator delivered training and advice to youih workers at ihe YouilLYcupe National Youth Ministy Weekend in Birniingham. We engaged with LA)ndon-based Christian ch8rities XLP and The Solmopp Centre and some of their youth WOTkets participaied on Romsey Mill's tvel 2 Youth Work Training course. We welcomed faith-ba5ed organisations who hire rooms in oui Community Cenrre5 - we now have 4 different churches who meet tsn Sutulays in the centres. ProvIdi￿g help? advlee. and positive sUPPOrt to those in economit or other need or hardship- A cor¢ a5P¢¢t of the work thai the Romsey Mill team undertake is io provide ongoing help. guidance and support io those experiencing economic difflculties or oth¢r n¢ed or hardship_ Of the 63 children cared for in our Ple￿Chool during the 2021-2022 year, 19 children (previous year.. 32) were in receipt of the 2-year•old fvnding entiilement {for farnilies in receipt of benefits Such as Income Support and Universal Credit). Children from birth until the end of Reception year at Primary school, who have Si￿lfIcant

ROMSEY MILL TRUST PAGE 9 BOARD OF MANAGEMENT REPORT FOR THE YEAR ENDED 3 1ST MARCH 2022 and complex additional needs or disability and require ongoing 5pecialisi $iipport from across edu¢atioTh, health. and care. can be assessed to receive Early Help Support. This include5 children who have great difficulty communicating. have sen50ry, learnin& or physical difficulties and l or complex health needs. Romsey Mill's Pre-school had 4 ¢hildren (previous year.. 3) attending our settings who were receiving Early Support including child with eomplex needs (Angelman s￿drome). and 3 children with diagTr05es of autism. In total. Romsey Mill's Pre-school welcomed 12 children (previous year.. I l) with English as an additional language. A fi￿￿¢r 4 children (previous y¢#r'. 3) within our Pre-S¢hool w¢re from families receiving support from Social Care. Our P&reniS Pr&gr&mme IYPP) wmnenced a new Comic Relief ￿nded 'Childr¢n Survrve and Thrive-. Rise and Shine, projecL funding our work with young parents and their children in Cambridge city. at the beginning of 2021. Consequently. we were able to appoint a new Fathers Worker and an additional D¢velopment Worker in the first quarter of the reporting year. This additional capacity enabled u5 to engage with a higher number of young mothers and fathers. We gave tsilored help and advice to 122 young parents {81 mother5 and 41 fathers {previous year.. 65 Tnothers and 5 fathers) in n¢ed. We supported 14 families {previous y¢ar.' 121 who had children with higher level Social Car¢ iDvolYement (6 Child Protection cases and 6 Child in Need ¢ases). The inforrnation, advice, and other support given to young parents continued to include issthe5 related to housing. benefits. menial healih, domestic abuse. substance misuse. education, and employmeni. During rhe year. our Youth Developmenl and Aspire teams supported 1351 young people exp¢rien¢ing economic hardship andlor other significant ¢hall¢nge$ (previous year". 908). Oui ability 10 engage with mor¢ young people was aided by ihe lifting of Covid restriciiorts. but rhe increase in numbers also reflecTrd rising ne¢d due io negative impacts from the pandemic. From the overall numb¢r of young people engaged, 123 (previou5 year.. 117) received one-to-one rnentoring sUPPOrt with a Romsey Mill team rnernber. This focus5ed approath reflected the priority we give to those in greatesr need. Of ihe rotal number of young people with our Aspire Programm¢. the team provided support for 51 young people (pr¢vious year.. 421 funded by the Disabled Children's Referral and Access Team (DCKAT). Our Youth Development Teams supported 81 young people (pr¢vious year_. 781 when th¢y were facing crisis siiuaiions {in relations to such issues as housitlg. finance. lack of food, domesiic violence. mentsl health needs). S I parents (previous year.. 50) lÉnkcd to our Aspire Programm¢ receivtd a support call or one-to-one meetin& including 6 families (previous year." 8) who were supported to apply for PIP or DLA benefits for their child (all successful applications). Most of the parents helped by our Aspire team didn't have other avenues of support. Feedback from the survey that our Aspire team undertook with childrenlyourhg people and their parents in Ciiy and South Cambridgeshir¢ {ref¢ired io earlier in the report). included rhe following regarding rnental well.beiThg'. 93% of childrenlyoung people feel that the Aspire youth club rnakes them feel more che¢rful or happy. 970A of parents feel that the youth club brings this b¢n¢fit io their child. 90% of childrenlyoung people feel that their AspiT¢ youth club helps th¢m ￿ be more connected with other people. 97Vo of parents feel that this i5 the case for their child. 930h of parents agree or strongly agree thai the Aspire youth clubs give their chikl a place to belon& 90¥0 of parents feel that thE suppon of Romsey Mill helps their autistic child's mentsl w¢llbeing. 79Yo of parents agree or strongly agree their child's support at their Aspire youth club helps incredse their child's emotional resilience As a response to Period Poverty, Youth Development Workers set up The Blue Bag Projecl, offering young people free sanitsry products whenever they need them. This projeci was initially set up in Cambourne, subsequently being rolled out across all the ar￿4 where we work. Young people are able to access the producis in our youth actLVlties. but they can aEso conthct our Youth workers dirrtily for them. We also have our Blue Bags in all th¢ lo¢al Foodbanks. In the last quarter of the year, we were succe5sfiJl with a funding applicarion lo Fulls¢op¢, a consortium of organisations supporting the mental health aNd wellbein8 of childreTh and young people in Carnbridgeshire and Peterborough. for work over 12 mollrhs supporting young people's mefttal health, specifically for those who are hotneles5 or al risk of being so. One of our Lead Yourh Development Workers is heading this project in partnership with Hostels in Cambrkdge. YMCA, Th¢ Foyu, and Railway House. to provide both group and I.. I support.

ROMSEY MILL TRUST PAGE 10 BOARD OF MANAGEMEWt REPORT FOR THE YEAR ENDED 31ST MARCH 2022 As the social distancrng measures were relaxed for retail businesses. Romsey Mill'5 Charity Shop increased opening hours. providing affordable clothing and household goods to 85 many local people as possible. Our Charity Shop Community Development Lead continued to support s¢v¢rdl vulnerable people iTh the local community, helping to reduce their isolation. io manage mental h¢alih diffjculties. and to improve w¢llb¢ing. S¢veral of our ¢harity shop volunteers required extra SUPPOrt themselve4 io ensure they were abl¢ to participate. Local thurches and small grani making trusts helped Romsey Mill support families by providing fcx)d parcels. crisis gTants and other practical assi5tanK di5tyibuted by Roms¢y Mill to those in ecorhomic need. Romsey Mill link¢d up with many community ￿0￿p4 organisations, charities, and statrAory agencie5 in the provtsion of help tts families and young people through our Progrdmmes. These included (but w¢r¢ not limited to).. paris￿OWn Councils, Cambridge City Council's Community Development tearn, District Councils, Cambiidgeshire County Council teams (including Early Help. Think Familie5, Youth Offendin& Disabled Children's Refe￿] and Access and Social Care). Peterborough City Council. schools. further education colleges. Cambridge R¢gional College. Anglia Ruskin Univusity, Goldsrniths University. University of Cambridge Colleges, Midwiftry and Health Vislting Services. Child and Family Centres, HousinglHomelessness Support. Perinatal Menial Health Team, Independent Dom¢sti¢ Violence Advisors. Family Nurse Pamership. YMCA. CHS Group. Fullscope. Bamardo'& MIND, Cambridge Junction. Oblique Arts, Highrise Th¢atr¢, Health Watch, Besom in Cambridge. citi￿￿$ Advice, Carnbridge Aid, Female Welfare Fund, Foodbatths, John HuntiThgdon's Charity, Ren Hen Project, Gauntlet Motorbike projeci. Boxing fvtUT¢S, Centre 33. Cambridge Unired Community Trust. Other eharitable pwrposes beneficial to the COmm￿nIty. In th¢ quarter prior to the start of the reporting year, Romsey Mill responded to Cambridgeshire County Council's yo￿ng Parents Support Contraci rtcommissioning process, and we su¢ce5sfully secured new multi-yw funding. The focus of activity under this new contract 15 to provide trainin& guidance and support (o other agencies and organisaiions across Cambridgeshire. th bring improvement in rhe offer of sp¢cific help to teenage and other young parents County-w￿¢. The runnin8 of eommunity facililies used by local peopl¢, groLtP5, charities, and Statutory service providers. continued io be affected by Covid restrictions parthcularly in the fitsi few months of lh¢ 2021-22. However, when familie5 and friends, group5, and organi5aiions were perniitted and feli safe to return io in-person gatherings and actLVlties, the hir¢ of our community facililies at Roms¢y Mill Centre and Ross Street Community Centre picked up. By the end of the year, we were back to near pre-pandemic levels of community facilities hire. Between 1st April 2021 and 315t March 2022. we had 20 local groups and organisations (previous y¢ar'. 3) using Romsey M¢ll Centre, of which 13 were regular hirers and 7 were one-off bookings for training events or ShOrt-t¢￿ bookings. We had 19 family gatherings during the period August 2021 March 2022. We did not have any gatherings of this nature beftjre August 2021 due to ongoing Covid restrictions. One gathering worthy of note wa5 the fi]nerdl for David Utting local resident and fonner landlord of the Empress pub. He was someone who had # hug¢ heart for Roms¢y Mill and regularly fundraising initiatives to rais¢ money for the charity. His funernl took place after Covid res(ri¢iions were fvlly lifted and was attended by over 200 peopl¢, gathering in our SpoTts Hall and spilling out onto Mill Road. Romsey Mill Cenire was used for 271.25 hours of one-off hire and 1242.5 hours by regular groups (this includes tutoring by schools. independent of YDT altemative provision). Kos$ Community Centr¢ welcomed 49 local ￿0uPS and organisations (previous year.. I l } that hired space, of which 34 were regular hirers and 15 were one off hires. We had 32 family gatheTings during the period August- March. again, we didn't have any bookings of this nature from April - July due to Covid restrictions. Ross Strttt Community Centre wa5 Used for 273.75 hours of one-off hire and 1955.25 hours by regular groups.

ROMSEY MILL TRUST PAGEII BOARD OF MANAGEMENT REPORT FOR THE YEAR ENDED 3 1ST MARCH 2022 In addition to these I￿king$, both Centres were used as Polling Stations in May for local election5. and we hosted community lunches at Ross Stre¢t Community Centre run by I￿&1 volunteers with CambTidge City Council stsff. We a150 received an incre&8ed number of enquiries for hire of rooms for the purpose of ruioring sessions for young people Struggling ￿ stsy in school. During the year, Coleridge Community College, Impington Village College, St Bede's School, and Centre School all used our buildings for thi5 purpose (independertt of alternative education contracts we have through our Youth Development Team). In November 2019, Romsey Mill were successful in a public lender proces5 published by Cambridge City Council to manage a new Community Centre being built as part of ihe hou5iThg development (known IronwoTks). Since then, and through all of 2021-22 we have worked with the City Council Community Development Team and a local communiry group, Petersfield Area Community Trust (PACT). io prepare for the opentng of ihe new centre. Building work was delayed due to supply-chain disrupiions and the likely month for hand-over of the building to Romsey Mill will now be December 2022. Once open, the new Mill iioad Community Centre will provide a large hall. meeting kitchen. officelsmall meeting space for use by the local residents and groups. Romsey Mlll Chartty Shop s care for the local community, wih infornial help and advice availabl¢ to more vulnernbl¢ people, ¢ontinued to be greatly appreciated. Many of the volunieers involved in the ruThning of our harity shop also received additional support from our developm¢ni worker15hop manager io enable them to join in. Caro Coffee. in Great Shelford South Cambs, continued to be a much•valued Community enterprise, bringing dir¢ct and indirect Social benefit including training and WOTk experience opportynities. Performan¢e again$t other $peeTfie objtttives set for 2021n022'. Rom5ey Mill's work with Carnbourne Youth Partnership to engage Cambourne Town Council in progressing building plans for a new Youth Building in Cambourn¢ continued. There were delays 10 this building project due to supply-change challenges in the construction industy. Even so. posiiive headway wa5 made during the year, with building works almosi complete by the end of March 2022 arKI an anticipated openin8 in th¢ summ¢r of 2022. Activity to increase Romsey Mill's p￿senCe and pamership w0￿1ng in Peterb(trrough. linked ro our youth development work in th¢ Hampton, did not grow as much &5 we would have liked. This was due io the onlinuing Challenges of Covid and demands on our capacity in other ar¢a5. However, youth work in partnership with Sports Connections Foundation, a charity using sport to help and Ln5PLre children. did progress P05ltively during the year and we also strengthened links and collaborative work with Hampton Parish Council, Aciive Hampton. Youth Inspired. and Hampion Colleg Work on the configuration and Implementati¢￿ of a new wpporter CRM system and a new Rom5ey Mill website continued rhough the 2021-22 year. The new CRM and websiie couldn't b¢ thlly utilised for our end of year fundrni5ing appeal. but all systems went live in the fusi months of the following year. Research and developmeni conversations pertaining to relational practice coniinued ai a steady pac¢. Prdctical tools and r¢source5 to support relationships at the heart of wh& RoTnsey Mill is all about are being used, and there was strong emphasis on the importance of our relational approach evident in the 510ries thai Romsey Mill shared with supporters and stakeholders. via our website and Mill Navs publicaiion. Development of our Youth Development Team's Theory of Change. with specialist support from NPC IN¢w Philanthropy Capital the leading think tank and consulfaTr¢y for ihe social 5¢¢10rl was completed in April of 2021. The outpuis from this project were a fi]11 Theory of Change tool for our Youth Development Team, a set of measurement recommendations, some usable measurement tools, and a nexi-steps outline plan. The Youth DevelopTnent Team utilised Ihese tools and continued wotk during the year. wilh a focus on further improving the ways we gathered feedba¢k from young people through evaluation survey5 and focu5 group5.

ROMSEY MILL TRUST PAGE 12 BOARD OF MANAGEMENT REPORT FOR THE YEAR ENDED 3 1ST MARCH 2022 Work to improve outcomes measuremeni for our Young Parents Programm¢ continued through trialling the use of 3 well recognised scales with our families (Rosenberg self-est¢em, Short Warwick Edinburgh Wellbein& and the MORS scale (parelltlchild rela(ionship)). We also explor¢d the Idea of embedding the Solihull Approach in our work lan evidenee-ba5ed approach that supports the rnentsl health and well-beino of paren[5 and children). Perforrnanee of material fundraising •ctivitie5 4g•in$t the fundraising objeetives set: Midway through the previous year. two members of our fundrnising team (part-tiTne Partnerships & Events Fundraiser and full-time Community & Individuals Fundrdi5er} finished in their roles to tak¢. up 0jll.lime employment with other community organisations. These were positive mol'es for boih indiYidu&ls. We recnjited two new team members to part-time roles. a Trusts Fundraiser and an Individual Supporter and PatThership Development Officer, who started with Rornsey Mill irt September 2021. Notwithstanding the loss of upa¢ity in our fundraising 51aff team. which was only replaced six months into 2021-22, Romsey Mill was able to raise the funds we needed during (he year from a.range of source5. Donations from supporter5- individuals, church¢5. and l¢MI companies - continued io hold up very well. Our regular Christmas Appeal, which was direeied towards our Aspire programm¢. w&5 successful in raising mor¢ donations than in each of the previous 3 years. Successfijl funding applications coming into th¢ reporting year included-. Cambridge City Council CommuniEy Development Grani for £16.000 over 12 months. The National Lottery's Reaching Communities Fund, in January 2021. for our Youth Development Team in Cambridge - £423k over 3 y¢ar5. An additional applicatton to The National Lottery's Reaching Communiries Fund, for training and capa¢iry building of the youth wtor in Cambridgeshire- £96k over 2 years. BBC Children in Need applicaiion for youth WOTk in North Cambridge - £98k over 3 years. Cambridgeshire and Peterborough CCG fvnding for our Aspire team's work with autLStic young people to prevent mental health inpatient admissions- £25.700 over 6 months. National Youthwork Agency (NYA) Youth Work Bursary Fund, for £IOK towards the youth work training for youih practitioners who would noi normally have access to funding w sUPPOrt them to further their professional development and gain access io a youth work qualificaiion. The year-end financial posilton was stronger than we had forecast Én budgets at the beginning of the year, which was a positive reflection of the efforts of our team agasnst our fundraising oi)jeaiv¢s. Financial Review Sources of Income 4nd Expendilwre ill 21J21n2." Romsey Mill is grateful for the people. groups, Charities. churches. schools. colleges. businesses, statutory bodie5, and grant-tnaksng foundations ihat connected with us and played vitsl role5 in the continuance of all our endeavours io overcome disadvantage, promote inclusion and develop wellbeing. Those who commit lim4 skills, experience, financial support. ￿an1 hJndin& donaiions-in-kind enable Romsey Mill to continue to b¢ alongside young people. children and families, local communities sharing hope. crearing opportunities. influencing positive social change. Overall income for the year was £1.280,930 12020-21: £1,385,807). Rom5ey Mill received and generated income from numerous sources and in a range of ways". Trusts and foundaiions thai Tnake grants for charitable purposes contributed £329.910 (2020-21.. £482.372'. 35 /0) This represented 26D/o of Romsey Mill's inctsme. Our social ent¢tprise and community fundraising acttviti¢s generat¢d In￿rne totalling £463,994 which was 360/0 of our income (2020-21.. £302,208". 22%). Statlttory grants and contract payments for work across Pre-school. Young Par¢nÉs. Aspire, Youth Development amounted to 34Yo of income & £430,667 {2020-21- £594,677.. 430/•).

ROMSEY MILL TRUST PAGE 13 BOARD OF MANAGEMENT REPORT FOR THE YEAR ENDED 31 ST MARCH 2022 Earned income of £56,359 representing 40A of inwme (2020-21.. £6,550= 0.5Y• WdS for charitable servi¢es. largely relating io our Al*rnative Education provision and some of our Pre-school work. During the year Roms¢y Mill received the following amounts directly r¢lated to Covid fijnding, which are included in the above figures-. Government Furlough Funding £2,021 and Business Raie Relief Grants £32,001. Full expendilure for the year was £1218.609 (2020-21-. £1,002.5481. 85% of this expenditur¢ dhrectly related to our charttable work wirh young people. children. and familiw: the remaining 15Vo of ¢xpenditure covered costs ssociated with unr¢strict¢d fvndr4i5ing and governance. Direct employment ￿sts for the Romsey Mill staff team continued to be our main category of expenditure represeniing 74Yo of total expenditure (2020.21.. 79QA). The Romsey Mill team believe ihai ihe quality of all our relationships matter. When they're nurtured, valued. and prioritised. people are happier and healthier. and comrnunitie5 are stronger and more resilienL Our staff team members. endeavours were supported by rn￿Y brilliant volunteers who expanded our capacily, exiended our r¢ach and brought wonderful skills and CoMp￿10n to our Programmes and other activities. Our forewis for 2022-2023 show thar expenditure will increa5¢ by around I l•h on the previou5 year as the level of our aeiivities have grown with the lifting of social dist8n¢ing measures. Given that the Current national economic challeng¢5 create signifiwit un￿lainlY for some of Romsey Mill's futsre income generating activitie5 (particularly fundraising from donoTS and grantslcontract from Governrnent). we will be monitoriThg our progres5 carefully. We are ihankbjl for srtcome received from individual donors, churche5. businesses, and community organisaiion4 which has remained stable during the first 6 months of the year. W¢ are eunenrly forecasiing a defi¢ii at ihe year-end and plan to use around £40k of our reserves to m¢¢t this shortfall berweet) income and ¢xp¢nditure. As we look forward (0 2023-2024. Romsey Mill will encounter ongoing uncertainty regarding sorn¢ potenttal sources of incom¢ as well as incre&5¢d costs due to inflation. A Couple of years ago Romsey Mill secured several multi-year grant5 which 8ave u5 better Stability than we might othernvise experience. The 2023-2024 year will be the lasi year for some of these fvnds. and so we will be working to secure new grants and contracts from existing and new partners. GiY¢n our pr¢5ent reserves and the forecast year-end p05ltion for 2022-23. Rom5ey Mill is currently assured that we will have sufficieni funds Io ¢QDlinue through nexr year, making provision to 5p¢nd some additional r¢ser¥e5 &5 needed, without necessitating any reduction in activity and servic¢. Value for Money: Romsey Mill'5 approach to Value for Money Is designed to ensure that-. What w¢ do is r¢levant and leads tTrben¢fits for the young people, families artd communities that Romsey Mill's team ffiembers are alongside (spend wisely). How we work is efficient and effeciive. so we don'r waste lime or money (spend effectively}. We get a good return from what we spend and make wise choi¢¢s (spend well). We achieved this during ihe year by= Regular monitoring and review of the a¢¢ivitie5 and benefits of our work with young people and families. Getting rnultiple quotes for more expensive purchase5 and servic¢5. Retendering certain service contracts to get better value for money. Caryin8 Out iegular reviews of other costs. Bringing in additional fundhng to irnprove seryices. Reserves Policy: HaviDg a ¢l¢arly d¢fined Reserve5 Policy with a realiMic lewel of designated funds enables Romsey Mill io.. absorb setbacks and take advantage of change and opporninity demonstrate that we are effectiv¢ly managing our resources and have thoughi through how we might se¢yr¢ our viability beyond the immediate future and provid¢ reliable servi¢¢s over the longer tern)

ROMSEY MILL TRUST PAGE 14 BOARD OF MANAGEMENT IiEPORT FOR THE YEAR ENDED 3 1ST MARCH 2022 Based ort these considerations, the Twstees, CUTrent policy is io maintain free reserves of bet￿en three and six months of the following year's projected expendiDJre. The UK continues to experience the residual impact of the Covid Pandemic in 2020 and 2021 and is facing significant challenges linked to increasing inflation (the Consumer Price Index siands 819.9Vo in September 2022 against a UK Governmeni tar8et of 2Y.). These factors will have a considerable impact on UK finances and fuiuT¢ inwm¢ for the Charity Secior. Rom5ey Mill anticipates (hat income generation will becom¢ ¢v¢t) more ¢halleThgiThg in the coming months and over the next few years. Increases in Rom5ey Mill's ¢n¢rgy and fu¢15 Costs. insurance charges. food prices (as the war in ukrai￿ 4ueeze5 grain production and costs), cleaning products. IT equipmeDt and steffin8 cos(s are a150 expected. Therefore. Rotnsey Mill's Trustees conlinue lo ihink thai li is prudent io ty to hold reserves at closer to the six-months level of norn)al expendirure. We have allocated some reserves as de5tgnated for patticular uses during 2022-23. Designated Funds will be reviewed by the Trustees ai ihe end of the financial year and revised if the Trustees determine th Rom5¢y Mill does not rbeed to continue with the use for which rh¢y were d¢sÉgnated. Finncial proceduru: In th¢ day-to-day of Rom$ey Mfftll's flnancial activity. all income and exp¢ndlt[￿e transactions are recorded in Eiomsey Mill's online SAGE accounts system. with bank reconciliation5 being completed twice monihly. Two signatories are r¢quired for all chequ¢5 and payments through online banking- if th¢ amount is above £2,000 one signatory must be the CEO or a Trustee. Quarterly maoagemeni accounts ar¢ produced and presented io the Finance Committee. along with any other relevant financial reports as required. the Finance Committee then report to ihe Full Board of Trustees. An annual salary review process is led by a Renumeraiion Group {mad¢ up of TTUStee$ from the Finance and Op¢rations & Resour¢¢5 Committees)- th¢ Full Board of Trustees review recommend￿10r$S and approve any changes io staff salaries and oth¢r benefils. They also auihorise the creation of any new post5. Any major capital projects or other undertakin8 that will have a signifjcant short- or long-term financial impact a150 r¢quire Board of Twst¢es approval. Strategi¢ 8ims plans for April 2022 to Mr¢h 2013 Romsey Mill has an existing stratrgi¢ plan.lhat sets out our strategic aims. During the Covid pandenic. Trustees determined that rhe period this plan cover5 should be extended by two years rhrough io March 2023. to help with the management of related challenges. Business planning objectives have also been Set for this period. Current strategie aims extended to Mrcb 2023: Whtji we alm lo achieve wiihyoungpeople. children andfomilw.. l. W¢ will continue developing the heart of our work in C4mbridg¢ and surround area. focussin8 on depth of relat20nships and 5ustsinable presence over time. 2. We will create new opportunities for Romsey Mill's work to be proven beyond Cambridgeshire. How we will work ond dfmlop as an otganisaiion to support ihese &ITr￿.. 3. We will Strengthen awaren¢ss and communication of who Romsey Mill is and what we do. 4. We will enhante understanding of how we make the biggesi difference and better demonstrdte the impact of our work. 5. We will improve our meihod$ of g¢n¢rating ¢ffective business models for growing programme work. 6. We will consider how to convey Romsey Mill's Christian FAhos most effe¢tiYely and ¢xiet)d collaboraEive opportunities With local churches and other groups.

ROMSEY MILL TRUST PAGE IS BOARD OF MANAGEMENT REPORT FOR THE YEAR ENDED 3 1ST MARCH 2022 7. We will advance our fundraising work and grow the wider community contribution to our activiiies. Between April 2022-March 2023 our business planning objectivts are to: Continue with ¢ff¢ctiYe deliv¢ry of Cambridgeshire County Council Young Parents Suppori contracr and the Cotnic Relief Children Sutvive and Thrive." RiTe andskine project. Maintain fo¢ussed work to Secu￿ new sources of funding. including frorn TrLL81 Funders and local community. for our Aspire programme and our Youih Development Teams. work with young peopl¢ in Peterborough. Complete contr￿1 agreement with Cambridge City Council to run new Mill Road Community CeThtre (in Collaboration with the l¢xal group Petersfield Area Community Tn￿t). e5tsblish a management group and produce budgei and business plan.. compleie fii•OUI' appoint stsff,. open centre. Continue work in partnership with CYP and Cambourne Town Council to fbnalise fvnding arrdngements enabling the development of effe¢tiv¢ youth WOTk in n¢w youth facility. Complete a business plan for Youth Work training and secure addiiional and mor¢ 5UStainable funding for the ongoing delivery artd development of accredited youth work trdining and menioring opportunities by Rom5ey Mill, for volunteers and career youth work¢rs in Cambridgeshire, Peterborough and beyond. Refresh identitylbrnnd mapliogo tsking into acwuni the r¢lional DNA of Romsey Mill's work. Apply learning from the Youth Development Team's Theory of Change capacity building proj¢￿ with NPC and develop a Theory of Change with Aspire aruj Young Parents Programmes. Develop the ser of measuremeni tools we are using to measure OU￿Uts, Outwmes and impart. Review current op¢rational and administrative capability and functLOlI, then develop and implement an improvement and capacity building plan_ Undertake thinking and planning to grow leadership capacity and enstsre capability development (particularly regarding Coordinaior and LMT roles) and ro strength¢n our retentioll and succession planning. Complete research and then implement 'Relaiional thinking and practice. within Kornsey Mill, focusing on how our attitude5. behaviours and actions can help ￿ grow stronger relarionships and looking at how we might m¢asure this alongsid¢ oth¢r monitoring and mewrement worK linking with our Theory of Change work. Following revi¢w and &%se55ment of R0rn5¢y Mill's current appr¢wche5 to diversity, inclusion, equalities. and participation (related to Romscy Mill's governance, employment practice and programme activities) irnplement the agreed improvement plan. Implementation of Donorfy CRN and new Romsey Mill website, followed by sustained effective utilisation with review and development after 6 months of going 'live' and annually thereafter. Romsey Mill recognises that we must remain financially robust to ¢ope wrth the CUTrerti economic challenges (including rising inflarion. increased costs of energy. and recession risks) and io fully ¢ngage with our participants and cornmunities. Our ¢urr¢ni level of unrestrictrd reserves and those we forg￿t at the y¢ar-end give u5 assurance that we will have sulyicient funds to remain stsble and 501vent over the next 12 months. Governance. Structure •Dd Man4gement Governing Doeument: Romsey Mill Trust Is constituted as a charithble company. limited by guarantee, regisiered with the Charity Commission (charity number 1069905) and Cornpani￿ House ID England and Wa]e5 (cotnpany number 3556721) on 1st May 1998. Romsey Mill Trusr is governed by its Mernorandum and Articles of A550ciation. first published in May 1998 and revised in April 2013_ Organi58tional structure: The Directors l Trustees (hereafter refeTred to as TnLFiees) of Romsey Mill Trust (usually known a5 Romsey Mill). form the Board of Management. The Tn￿lee$ have collective control of the charity and are responsible for ensuring Rom5ey Ms11 continues to fulfil ILS ¢haritable objects. Romsey Mill's Trustees give th¢ir time freely and do receive remunerarion or other financial lnefLts.

ROMSEY MILL TRUST PAGE 16 BOARD OF mANAGEmE￿r REPORT FOR THE YEAR ENDED 31 ST MARCH 2022 To fa¢ilitate ihe effective Thnning of th¢ charity. th¢ Tnhstees have estsblished ¢ommittees with delegated r¢sponsibility for specifi¢ ar¢a5 of work. Th¢ committees acting during th¢ 2020-2021 year were= Finance. Programm¢. Fundraising & Communications. and Operations & Resources. The daY-t￿daY operations of Romsey Mill are delegated to a L*adership & Management Team (LMT) which is led by the Chief Executive Officer (CEO). All appointments to roles within th¢ LMT are made by the Trusre¢s. During the 2021-2022 year there were Tro changes to personnel within the Leadership & Management Team which comprised CEO. Programme MaTrag¢r. Operations & Resources MaThag¢r, #nd Fundraising & Communications Manager. Recruitment and appointment of Trustees: Romsey Mill's Board of Trusiees has a minimum of three and a maximurn of twelve membeTS. Existing Trustees. led by the Chair of Trustees and supported" by the CEO, review on a regular basis how the Board of Try5tees can be strengthened through new appointments. When required, Tnstees s¢¢k iThdividuals who cart provsde additional and complementary skills and experience to existing Board Members. Trustees think it is viral that the leadership of Romsey Mill i5 shared with people who have lived experience of the circumstances fated by the communities we are alongside. learning from and helping to supporL To caTry out all dulles efficienrly and effectively. the Board of Trustees requirt5 breadth and depth of ski115, relevani knowledge and experienc¢, a reasonable mix of age and gender. and the pwion to acttvely promotr the vision. values. and activiiies of Romsey Mill. As 5¢1 out in Romsey Mill's Arti¢l¢s of Associaiion. new members of the Board of Trustees are appointed by existing Trustees. With support from Rom5ey Mill's CEO. existing Trus￿$ pay careful atterbtion to the mosi p-to-date guidance from Charity Cornmission and the National Coun¢il for Voluntary Organisaiions when recruitin& appointin& and equippsng Trustees. Prospective Trusrees may be suggested by existtng Trustees, staff. supporters, and users. or may come forward following wider advertising. Romsey Mill's Trustees will a150 look to identify potential new TnLStees from among our Programme Participanrs (service users) wherever possible. This process allows due consideration of each person's ¢ligibility, competence, specialist knowledge and skills. Trustee5 serve for a period of no longer than five years from the dale of th¢ir appointEnent. On the expiration of th¢ir t¢nn, they are eligible for ruppointm¢nt by majority de¢isioD of the remaining Trustees. Induction and training of Trusttes- Following appoirttment, the Chair of Trustees takes responsibility for the inducthon of new Trnstees, assisred by the Chief Executive o￿l¢er_ Th¢ induction process for new Trusiees is intended io familiarise them with the work of Romsey Mill, the context in which the tharity operat¢s, and the responsibilities of board members. New Trus￿e3 receive a 'Trus(ee Induction Pack, and ¢105e support from the Chair of Trustees ar)d CEO. Other publications frotn lh¢ Charity Commission the NCVO and other bodies are also distributed. New Trustees will typically be asked to become actively involved with one of the comrnittee5 and io asslst with cert&in activities and projects. Bo3rd m¢rnb¢rs ar¢ encouraged to engage in relevani training and to participate in nerworking opportunities and other events. General Managem¢Dt: Romsey Mill'5 Trustees Th)rnially convene board meelings at least four times per year. Th¢se meeting5 ¢an happen in person or virtually through video conftrencing. They approve the strategic and busines5 plans, annual budgets. and year-end accounts. Trustees receive management accounts and quarterly financial projections, enabling them to moniior income and expenditure against budgets and cash flow. Capital projects that are not included within existing adopied budgets need to be approved by the T[￿ree5 as do the creation of any n¢w 5thff posts or operational expenses which consiilute a significani flnancial commiimeni (more than £1 Ok p.a.l.

ROMSEY MILL TRUST PAGE 17 BOARD OF MANAGEMENT REPORT FOR THE YEAR ENDED 3 1ST MARCH 2022 At the In￿(all0n of the Twstees. the CEO and other membErs of Rom5ey Mill's Leadership & Managemen( Team (LMT) nonnally attend all Full Board Meetings. There is a standing 'restricted business, 1￿M on lh¢ agenda so that Trustees can discuss marrers without employees present when required. Other m¢mbeTS of Romsey Mill'5 Staff ream attend Trustee meetings by invithtion on an occasional b&%is. All the COtnmitte¢5 ¢s¢ablished by the Full Board of Trustees. with delegated responsibility for specific areas of work, are chaired by a Trustee. Members of the LMT join the wmmittee5 relevant io their role and attend meetin85 on an ongoing basis. Other people with relevant skills and experience, iD¢luding our programme participants {servi¢e users), can also be invited to join committees for occasional meetings or more regularly. These commkttees are focussed on openrional management matters. usually meei four lirnes a year, and provide written or oral reports back to Full Board Meetings. The committees review and update existing organisational policies linked to their areas of work. New policies, prepared by members of the Leadership and Management Team, are also approved by the relevant committee before being adOp￿d by th¢ Full Board of T[u$￿eS as required. The Operaiions & Resource5 Committee review sraff salary scales on an annual basis, with new salary leve15 being considered by a Remuneration Group (made up of OpeTatioThs & Resou￿¢$ and Finance Committee members) and approved by the Board of Trustees. Risk Management: Romsey Mill's Leadership & Management team undertake an annual orgaThisational risk assessmeni. on behalf of Trust￿5, identifying the major risks by Considering the level and lÈkelihood of exposure, and proposing the steps necessary to manage these. From this &8sessment the organisational Risk Register is updated, approved by the Full B¢)ard of Trusie¢s, and then k¢pt under review via Trustee ¢ommittees. This helps toward5 ¢nsuring rhat w¢ are paying du¢ attention to the stability of our operation5 and to our duty of care for 5tsff, volunte¢rs, and programme participants. This pr￿esS a150 helps to ensure that effective systems and procedures are maintasned to manage the risk5 identified. Appropriate Disc105Ltre and Barring Service {DBS) check5 ar¢ made for all siaff members and volunreèrs who work directly wilh childreT). young people, and vulnerdble adults across our programmes. Financial systems and proc¢s5¢s ar¢ approved by TrusÈees and scrutinised both by Trustees and our auditors. Romsey Mill's IT 5ySt¢ms are Secure. and data is regularly backed-up remotely. Suitsble publi¢ liability. professional indemnity and buildings & ¢ontrnt in5uran¢¢ cover ate in place for all Romsey Mill's seryices and aciivilies. STATEMEf4T OF BOARD OF MANAGEMENT RESPONSIBILITIES The Board of Managemeni are required by cotnpany law to ptyare financial statements each financial year which give a true and hir view of the state of affairs of th¢ charity and of the Surplus or deficit of the chariiy for thai year. In preparing those financial staiements the Board of Management are required 10: (a) Select suitable acc(￿￿11n8 polrctes and th¢n apply th¢m ¢(￿$15tenl1y,. (b) Make judgements and estimates that are re&sonable and prudent. {c) Prepare the financial statements on a going concern basi5 unless it is inappropriate to &S5ume that the Charity will continue in operdtion. {dl State whether th¢ poli¢ie5 adopted are in accordance with the Companies Act 2006 and wirh applicable arxouThting standards and ststernents of recommended pw11￿ subject ro any material departur¢5 dis¢losed and explained in the financial sta*ments- (e} Observe the methods and principals of the Chariiies SOiiP. The Board of Managem¢Tht aTe responsible for keeping proper awunting records which di5c105¢ with reasonable accuracy at any time ihe financial position of the charily and to enable them to ensure that the financial statements comply with the Companies Act 2006. Th¢ Boprd of Management are also responsible for safeguarding the assets of the charity and hence for tsking re&sonable st¢ps for the prevention and deiection of fraud and other irregulariiies. The Board of Managetncnt confirm that they have refe￿ed to the guidance ¢ontained in the Charity Commis5ioTh's general guidance on public benefii when reviewing the charity's aims and objectives and in planning future activtties.

ROMSEY MILL TRUST PAGE 18 BOARD OF MANAGEM￿ REPORT FOR THE YEAR ENDED 31ST MARCH 2022 srATEMErrr OF DISCLOSURE OF INFORMATION TO AUDITORS In the case of tath of the persolls ¥r¢ on th¢ Board of M¥nag¢m¢nt at the time when the Board of Management report is approved. (a) So far a5 the Board of Management are th¢re 15 no r¢levant audit infonnion (information needed by the Clwitys auditors in connection WRth prepari￿ th¢ir rq)ort) of wtrLich th¢ Ctwitys audito￿ are unawar4 (b) Each member of the Board of Mana8ement has taken ail the st¢P5 th¢y ought to hve taken to make themselves aware of atty relevant alldit inforrnation and to estsblÉth that the charitys auditors are of that infornialion. Amounts are presented within items in th¢ stat¢me4t of financiat acti74ities and balance she£t in accord￿¢¢ with generally accepted accounting principles or practic4 the Board of Management M¢mbers having had rrwd to the substance of the reported traTL8Ction or arrangemenL The Auditor& Prentis & Co LLP. will b¢ proposed for re•appointmait in accordance with Se¢tion 485 of th¢ Companies Act 2016 APPROVAL On bthalf of the Board 0fTn￿¢￿￿JreCfOrS A Single air)

ROMSEV MILL TRUST PAGE 19 INDEPENDE￿r AUDITORS REPORT TO THE BOARD OF MANAGEMENT OF ROMSEY MILL TRUST AND GROUP FOR THE YEAR ENDED 31 ST MARCH 2022 Opiniort We have audited the group fmancial swements of Romsey Mill Trt￿t ftir the year ended 3 Isi March 2022. which comprise Stat¢ment of Financial Activities, Group and Chariry Balance Sheets. C&sh Flow Statement and notes to the fmancial statements, including a summary of significant accounting ptslicies. The financial reporting framework thai has been applied in their preparation is applioble law and United kngdom A￿Ounting Standards. includiJ)g Fitjancial Reporting Standards 102.. The Financial Reporting StandoTd opplithle in the UK and R¢publi¢ of treland (United Kingdom G¢n¢rally Accepted Accounting Practice). Jn our opiniort, the fmancial staternents: give a true and frdir view of the state of the Group and Charitys affai￿ a5 at 3 1st March 2022 and of its in¢oming resources and application of resources for the year then ended: have been properly prepared in accordan¢e with United Kingdom Generally Ac¢epted Accounting Practice. have been prepared in ac¢ordan¢e with the requirernents of the Companies Acl 2006. Basis of Opinion We conducted our audit in accordancc with tnternational stsnd￿dS on Auditing (UK) OSA5 (UK)) and applicable law. Our responsibilities under ihose standards are fi]rther described in the Auditorfs responsibilities for th¢ audit of the fllwi¢ial statements section of our report. We are independent of the Group ond Charity tn accordance with ethical requ￿ementS thai are relevant to our audit of the financial statements in the UK. includin8 the FKCS Ethi¢al Standard, and we have Ifilled our other ethical re$￿TrASIbIlitieS in accordance with thes¢ requirements. We believ¢ that the audit evidence we have obtained insufficient and appropriaie to provide a blsis for our opinion. Conclusions R¢lsling to Going Concern In auditing the ￿0UP fmancial statements. we hav¢ ￿nClu￿ that the trwtees. use of the going concern basis of a￿OUnting in th¢ preparation of the fin¥n¢ial st#t¢m¢nts is appropriate. Based on the work we have performed, we have not identified any m¢rial unwtainti¢s r¢lating to ¢v¢nts or conditions thai, individually or collectively, may cast Slgnificant doubt on th¢ group and charitys ability to ¢ontinue as a going concern for a period of at least rwelve months frotn when the flnancial Statements are authorised for i55ue. Our responsibilities and the responsibiliiies of the tr￿￿teS with respect to going concern are described in the relevant sec(ion5 of thi5 fepoTL Other Lnformation The M￿teeS are responsible for other inforn￿trOn. The other infom￿tIOn comprises the Infom￿rI0n included in th¢ atjnual report other than the f￿anCial statements and our Auditor's report therein. Our opinion on the fts)an¢ial statements do¢s not cover the other information and, ¢xc¢N to the extent othetwise explicitly mted in our repoTL we do nol ¢xpr￿S any forni of a55urance conclusion thereon. In connection with our alldii of the fuwicial statements. our responsibility is to read the other infonnation and. in doing so, consid¢r whether th¢ oth¢T inforrnation 15 maierially inconsisnr with the f￿anCial stacements or our knowledg¢ obtained in the audit or otherwise appear5 to be materially misstatrd. If we identify such m￿crial in￿nSiSten¢7¢S or apparent material rnisstatem¢nts, we Jr¢ r¢quiTed to detennine whether there is a matrrial misstaiement in the fmancial 5tatement5 or a material mis5tatemeDt of the other infomiation. If. based on the work we have perfornied. we conclude that there is a material misstatem¢nt of this other infom)ation. we are required ￿ report that fact. We have nothing to report in this regard.

RbMSEY'MILL TRUST PAGE 20 INDEPENDENT AUDITORS REPORT TO THE BOARD OF MANAGEMENT OF ROMSEY MILL TRUST AND GROUP FOR THE YEAR ENDED 3 1ST MARCH 2022 Opinion5 on other matters prescribed by the Comparlies Aet 2006 In our opinion, based on the work undertaken in the course of the audiL th¢ information given in the annual report for th¢ financial year for which the fmancial slatements ar¢ pr¢pared is consistent with the fIr￿l¢la1 staiements. and the annual report has been prepared in arxordanc¢ with applicabl¢ legal requirements. Matters on which we 8r¢ required ¢0 report by exception In the light of the knowledge and understanding of th¢ Group and Charityand it environment obtained in th¢ ¢OLtr5e of the audil we have not identified material misstatements in the Annual R¢porL We have nothing to r¢port ID respect of the ftsllowing matters in relation io which the Companies Act 2006 require5 11$ to report to you if. in our opinion.. adeque #ecounting re¢ords have not been kepi or returns ad¢quat¢ for our audit have noi been T￿giVed from branches not Vi5it¢d by us; the financial statements are noi in agreement with the accounting records and reDwns' certain dtsclosures of trustees. remuneraiion specified by law are noi made. or we have not obtained all the infortnation and explanaiions necessary for the PUTP05¢S of our audit. R￿Ponsibl11t1es of the Board Of Management As explained more ￿1]Y in the Board of Management's responsibilities SEawnent set out on page 17 the Board of Managemenr are responsible for the preparation of the financial statrments and for bein8 5atisfJ¢d that they give a true and fair view, and for such internal control as they d¢t¢rniine is necessary to enable the preparation of financial statements that are free from material misstaternen¢ whether due to fraud or error. In preparing ihe financial staiements. the Board of Management are responsible for &5se55ing th¢ Group and Charitys ability to continue as a going concern. disclosing, as applicable. marters related to going concern and using the going ¢onc¢m basis of accounling unle55 the Board of ManageTneni either int¢nd to liquidate the Group 01 Charity or ro c¢as¢ op¢rations, or have no r¢ali5tkc alternative but to do so. Our responsibilities for the audit of the fiTrneial st*ltments Our objectives are to obtain reasonable assurance about wheiher the financial ststements as tt whole are free from material misStaiemenL wh¢th¢r du¢ to fraud or error. and to issue an Auditofs report that include5 our opinion. Reasonable assurance is a high level of &ssurante, bw it 15 not a guarantee that an audii conducted in accordance wÈth ISAS (UK) will always deduct a fflaterial tnisstatement when it ¢Xi5ts_. Misstatements can arise from fraud or error and ¢onsidered material if. individually or in aggregate. they could reasonably be expected to influ¢nc¢ the economic decisions of users taken on the basis of these financial statements. Tderttifying #tsd assessing potential risiL% related to irregularities Irregulariiies, ipJcl4dtngfra&d. are instances ofnon-compliance wilh laws andreguloÉioRty. We d￿18￿ procedures in line wilh our ruportsibEliii¢s, oui14nedabove, lo deiecl material mirstalenrents in rupeci ofwregulariiies. includirtgfraud The e¥tent Èo which ourprocedures ore cdpable ofdeieciing wregulariltes, inclu"dingfraud ts defailgd below.. - We have consldered the natur¢ of ihe industy and sector. control environment and busine55 perfomianrx, including th¢ design of the Charity's remuneration policies - We have enquired with rnanagement in regards to their own aw5ment of the risks of ilregularities, including fraud - We have obtained relevant documentslion and Fepresentsiion5 in order to fom) an opinion on potential irregularities, including fraud

IiOMSEY MILL TRUST PAGE21 INDEPENDENT AUDITORS REPORT TO THE BOARD OF MANAGEMENT OF ROMSEY MILL TRUST AND GROUP FOR THE YEAR ENDED 31 ST MARCH 2022 Our audit work is limiied to samples inherenily used under International Auditing Standards. therefor¢ not all transactions are reviewed so the detection of irregularities. including fraud is lirnited to thi5, even though we have prop¢rly planned and perfornied our audit in accordance with allditing standards. Any matter we identified having obtained and reviewed the Charity's d￿uMentation of their policies and procedures r¢lating to.. o Id¢ntifying, evaluating and wmplying with laws and regulation5 and whether they are aware of any nott-cornpliance o Detecting and responding to the risks ot fr3ud and whether they have knowledge of any actual, suspected or alleged fraud o The internal controls established to miligate ri5k5 of fraud or non-¢ompliance with laws and regulations As a r¢sult of th¢5¢ proc¢dur¢s, we ¢onsid¢r¢d th¢ opportuniti¢s and inc¢nlives that may exist wiihin th¢ organisation for fraud and identified the greatest potential for fraud is in relation to the oYer5tatement of revenue. In comrnon with all audits under ISA5 (UK). We are also required to perfonn specific pr(Kedures to respond ro the risk of rnanagement override. We also obrained an understsnding of the legal and tegulaiory environmeni and frameworks in which the Charity operares, focusing on provisions of those laws and regulaiions that had a direct effeci on th¢ det¢rynination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in thi5 context included the UK Companies Act, Charity SORP and local tax legislation. In addition. we considered provi5Lons of other laws and regulations which do not have a direct effect on the financial statements, but Compliance which may be fundatnentkl for the Charity to opernte. Relevant identified laws and regulaiions were tomrnunicated wiihin the enga(pement ieam so they remained alert throughout Ihe audii foT indications of fraud or non-compliance. We ale however DOI responsible for preventing non-compliance and cannot be expected to d¢t¢ct non-compliance with all laws and r¢gulations. A fvrther description of our responsibilities for the audtt of the financial Statements i5 located on the Financial Reporting Council's website at-. www.frc.org.uklauditorsresponsibilities. This description forms part of our Audirorfs report. Use ofour Report This report is made solely to the Group and Charitys members. as a body. in accordance with Chapter 3 of Part 16 of the Companies Aci 2006. Our audit work has been underuken so tha( we mighi state lo the Group and Charitys mernbers those matter5, we are required to state to them in a Audilorfs report and for Do other purpose. To the fullest extent pennitted by law. we do not accept or a$5um¢ r¢spon5ibility to anyone other than th¢ Group and Charitys members as a body, for our audit WOTK for this report, or for the opinions w¢ have formed. Iqk Loil lan Shipley FCCA, Senior Siatutory Al￿1t0T for and on behalf of Prentis & Co LLP, Chartered Accountants and Stthtory Audiiors 115c Milton Road Cambridge CB4 IXE

ROMSEY MILL TRUST PAGE 22 CONSOLIDATED STATEMENTOF FtNANCiAL ACTtvmES FOR TFIE YEAR ENDED 31ST MAKCH 2022 RES(ri(trd Mill Other Ullrtstrttttd Cetstrt A¢siri¢t Pu•ds F￿Ad$ Re5trirted PYThds Sey Mill OtkEr tntrt Rutritttd Fuuds Totsl 2022 Unr Othey expttOiw B3J94 412.014 40,725 16.463 66.314 495.401 40.72$. 1302U 163279 135.441 45.142 555 457.583 45,363 82.165 54,880 45,363 lQ3.997 133.¥25 96.965 135.441 45.142 21,8i2 2B363 85.573 Young Partn&prornmt PitrS¢hools Commvnity Aciivitits 104.987 TOTAL EXPENDITURE 68i.09i 535J16 1218.&)9 262.509 740,039 1,Q02,548 N¢t In¢omdl¢yptmdilyft} .È18 {28J67) 378.627 4.6)2 3EJ,259 Total fvnds ￿0￿ght fonward To¢al funds ¢ary¢d lorw 782.457 129.036 l.791874 4¢13ts30 124,401 1.409.613 873.i45 881u81 I￿.4&9 1.855.195 782.457 129.036 1.792.874

ROMSEY MILL TRUST PAGE23 CONSOLIDATED BALANCE SHEET AS AT 3 1ST MARCH 2022 2022 2021 Note FIXED ASSETS Tangible fix￿ &8$¢ts 956.451 911.664 Debtors and pr￿￿ts . Deposit accounts Cash at bank and in hand 147236 163,000 744,464 141.078 163.000 666,848 1.054.700 970,926 LIABILITI Creditots.. falling due within one ye 10 155.956 89.716 NET CURRKNT ASSETS 898,744 881.210 NET ASSETS 1,855,195 1,792.874 THE FUNDS OF THE CHARITY Unrestricted funds.. General funds Designated fvnds 853.345 20.000 672.457 I10.(￿0 13 873J45 782,457 Restrict¢d fvnds.. Other restricted funds Romsey Mill Centre funds 100.469 881,381 129,036 881.381 12 981.850 .010.417 TOTAL CHARITY FUNDS ,855.195 1.792.874 Approved by the Board of Managem¢nf on q Tr4)￿¢M A Single {

OMSEY MILL TRUST PAGE 24 CHARJTY BALANCE SHEET AS AT 3 1ST MARCH 2022 21ll2 2021 Nfjte FIXED ASSETS Tangible fixed assets 955.311 911,664 CURREprf ASSETS Debtors and prepayments Depo$it i¢counts Cash at bank and in hand 192.032 163.000 698J49 141.678 163,000 666.848 1.053.381 971.526 LIABtLITIF Creditors= falling due within one y 10 154,635 89.116 NET CURRENT ASSETS 898,746 882,410 NET ASSETS 1,854.057 ,794,074 THE FUNDS OF THE CHARITY Unrestricted fijnds.. General funds Designated fvnds 852.207 20.000 673,657 110.000 13 872.207 783.657 Restrict¢d fvnds: Oth¢r restricted funds iiomsey Mill Centre fijnds 100.469 881.381 129.036 881.381 12 981,850 1.010.417 TOTAL CHARITY FUNDS .854,057 1.794.074 Approved by the Board of Management on 2tr22 A Singl¢ (C

IIOMSEif MILL TRUST PAGE 25 CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 3 1ST MARCH 2022 2022 2021 Note Net eash provided byl{used ID) operating activitie5 16 140.712 398,104 C85h flows Irom investing •ctivities: Interest received Purchase of tangible fixed assets Net cash used in investing ¥tiviti¢S 2,212 (63,407) (12,114} (63,096) (9.902) Change in casb and ¢quival¢nts in ihe reporting period C&5h and cash equivalents at the b¢giJJning of the reponing period C&5h and cash equivalents at the end of the reporting peri(Ml 77.616 388.202 829.848 441,646 907,464 829,848

ROMSEY MILL TRUST PAGE 26 NOTES TO THE FINANCIAL STATEMwrs FOR THE YEAR ENDED 3 1ST MARCH 2022 ACCOUNTING POLICIES Basi5 of prepar#tboN and 3S5¢S5menl of going £on¢e The financial statements have been prepared under the hisiorical c05t convetjtion with items recognised at cost or transaction value unles5 otherniise ststed in ihe relevant notes to ihese financial statements. The financial ststements have been prepared in accordance wilh the Ststement of Recommended Practice= Accounting and Reporting by Charities preparino their accounts in accordance with ihe Financial Reporting Standard applicable in the Uniied Kingdom and Republic of Ireland (FRS 102) issued (kiober 2019 (efftctive January 2019) and th¢ Financial Reporting Stsndard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charitie5 Act 2011. The Trust cOnsti￿teS a public benefit eniity as defJtd by FRS 102. The Trustees consider ihat there are DO m•erial UTKertainlies about the Group's ability to coijtinue as a going Concern. Group Financial Statements These financi81 statements consolidate the results of the Charity and Cara Coffee Limited Functional and Presentation CurreTrcy These consolidated financial statements are presented in POUDds 5t¢rling which is the Charity's and subsidiaws fijnctional currency. All amounts hav¢ b¢¢n round¢d to the near¢51 pound. un1¢5S Otherwise indscated. Ineome Recognition Incorne is recognised when the Gharity has entitlement to the fimd& any conditions attached to the income have been me4 it is probabl¢ that th¢ incom¢ will be received and the amount can b¢ m¢asur¢d reliably. Income from government and other granW whether'wittl. or'revenue. grants. is recognised when the charity ha5 entltlement to the fund5, any condttions attached io the grants have been me( it is probable that the income will be received and the amount can b¢ m¢a5ur¢d reliably aDd is not deferred. Expenditure Recognition Expenditure is recognised once there is a legal or constructive obligaiion ro make a payTh¢nt to a third party, it is probable that settlement will be required and th¢ amouni of obligaiion can be measur¢d reliably. Expenditure incurred on fundraising and publicity to generate unrestricted income to support dtreet charitable actLVlties is included in wsts of generatin8 funds. That irKurred to g¢n¢rnie restricted income is included in support cosis (see note 4 below). Allocation of Support Costs Support cosrs ae Ihose functions that assist the work of the charity but do not dErectly undertake charitable activilies. Support5 cosrs include back office costs, finance, personnel, payroll aThl governance costs which support the charity's a¢rivities. These costs have been allocated betweert ost of raising fund5 and ¢xpenditure on charitable activities. The basis 00 which support costs have been allocated are Set out in note 4. Deprecition Depreciaiion is not provided on the freehold building a5 any provision (annual or cumulative) would not be material due ro its expected remaining useful economic life and because its ¢X￿ted residual value 15 not materially le$5 than its carying value. The Trusr has a policy of regular Structural inspection. repair and rnaintenanee and the building is ther¢for¢ unlikely to deteriorate or suffer fronj obsolescence. Floor cov¢rings within the building are depreciated over 10 years on a straight line basis. DepreciatioTh on all other assets i5 provided at the following ras in order to write off each asset over its estimated useful Ihfe doNn to its residual value.. Fixlures and fLttings- 2￿A 5trnighi line Motor vehicles_ 200/0 straight line . Computer equiprnent- ov¢r 3 or 5 years dependani on the &%set use P¢nsion Costs Roms¢y Mill ¢ontributes. on certain conditions. into ¢mployees' OWD pension schemes. ContributiQn5 payable are charged io ihe statemeni of financial activities in the period ￿ which ihey relate. Fund Accounting Unrestrict¢d funds are available ￿ spend on activities which fvnher any of the pu￿05¢$ of the charity. Designated funds are unrestricted fijnds which the trustees have de¢ided ai their discieiion ro set aside to use for a 5pe¢ific putposes. Restricted funds are for use solely as spectfied by the donor for particular areas of the charitys work.

. ROMSEY MILL TRUST PAGE27 NOTESTOTHE FINANCIAL STATEMEKt5 FOR THE YEAR ENDED 31sr MARCH2022 INCOME Totsl To¢1 Ullrtstritted Rt5trItt￿ FbDd5 VurEsirict¢d Re5tri¢t¢d Funds F#4d5 202Z F4ds Funds 2021 Donat1￿5 ieyc Donatio￿ from businesse5 DDNtions iudividL rEclaiThed Gryiftaidl Donations from ChurthES ￿ch￿l5 DonatEon$ fromConyDuDityGfQ Ordnty from TtuSIS 5.650 99,672 IL808 10,104 5.650 99,672 101.983 16281 059 i.957 104,983 16288 6,059 3.957 48.664 24.459 17305 65.969 24,459 11.6 11.604 162.?55 203.187 17#05 220,492 OthÈrtradinKacliviliu Roomhire Charityshop EveD Cgrn Cofttt sh Bknsir4e55Supwrtpnts Furl(MJth ￿d0th¢rcow￿kI9 5,686 6Q.4i2 7.532 80.667 32.iWJI 2,021 ￿￿1,432 7J32 .667 32,(N)I 2,021 &911 14290 103.650 l42 103,650 63J31 1816S3 6iJ31 215,007

ROMSEY MJLLIRUST PAfjE 28 NOTES ToniE FtNAN¢IAL STATEMENTS FOKTHE YEAR ENDED 31ST MARCH2fr EXPENDITUREON CHARITABLE ACTIVITIFS Aolfvith5 Supptsrt Activities ￿PPDrt Midertakt dirtttly {￿te 4} Toi41 dir¢uty {wtt4) 2022 Activity 385,129 102,997 104.430 151.004 47291 51.849 0.733 14.497 344.57l 79.988 60J54 8L60Q A5pirc 24.(W 22,789 21.387 103,997 163.279 -135.441 43.142 Pre-5chwls 104,987 3Q615 717,W9 312J74 1,030383 k82,752 750265 SUPPORT COSTS R?￿1¥ Edu<atio Ttytsi Rortrictwj M•••gtwt Funds Avp¥¢•t55 2021 Ad#iwts¢rttw)N Find5 Total 2021 75234 21J53 25S26 33.761 12.939 23J68 9.224 47fyl9 &449 19201 1536 321 4.?tJ 1265 IS1.(4)4 47291 5&14¥J 4Q733 14.497 23.116 14297 16.405 16.473 33,708 3.365 2.365 2.837 Aspire YouThg Parents Progr Pre.Schools comfflunity Act￿l￿t$ 24.iY)9 22.789 22Jt? 3.778 245 1.746 1230 311374 70291 45.352 63.650 3.459

koM4EY MILL TRUST PAGE 29 NOTES TO THE FINANCIAL STA TEMENTS FOR THE YEAR ENDED 3 1ST MARCH 2022 STAFF COSTS 2022 2021 Wages and salaries Social security costs Pension costs 814.8i 56.129 34.289 709.408 49.855 30.219 905.249 789.482 There are 20 (2021= 19) ￿11 lime and 33 (2021.. 32) part time members of staff who 8re all involved in direct charitable activities. This equates 10.34.7 fijll time equivaleni sraff at 3 Isr March 2022. No employee received £60.000 or more in the year (2021.. none). The charitys trustees Ttteived no remunerntion during the year (2021.. none). Th¢ ¢harity considers its key managem¢nt to be irs leadership and rnanagement team comprising the CEO and 3 senior managers. The aggregate remuneration of this team is £201.IM4. (2021.. £196,229) NET EXPENDITURE FOR THE YEAR Total 2022 Tot31 2021 This is stated after charging= Auditors. remuneration 5.018 4,404 FRC ETHICAL STANDARD- PROVISIONS AVAILABLE FOR SMALL ENTITIES In common with many other businesses of our size and natur< we use our auditors to PTepare and submil returns to the tax aurhorities and as5iSC Wlth Ihe pr¢p8raiion of the fsnancial statements. TAXATION As a registered charity, Rornsey Mill Tru5tls generally exempt from Incorne Tax and Capital Gains Tax, b￿t n(>t from VAT. Irrecoverable VAT is included in the c05t of those iiems io which it relates. TANGIBLE FIXED ASSETS (GROUP AND CHARITY) CURRENT YEAR Cost As ai I si April 2021 Additions Motor Vehicl Land & Buildings Fixtures & Fitlings Total 935.879 206,390 39,773 1,142,269 63,407 23,634 As ai 3 1st Ma￿h 2022 23,634 935,879 246,163 1205,676 Depreciation As at 1st April 2021 Charge for the period 54,498 176,107 15,075 230,605 18,620 3.545 As at 31st March 2022 3.545 54,498 191,182 249,225 Net Book Value As at 3 1st March 2022 - GROUP 20.089 881,381 54.981 956.451 As at 31st March 2022 - CHARITY 20.089 881.381 53.841 955,311

koMSEY"MILL TRUST PAGE 30 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST MARCH 2022 TANGIBLE FIXED ASSETS (GROUP AND CHARITY) PRIOR YEAR Cost As at 1st April 2020 Additions tthnd & Buildings Fixtvres & Fittings Total 935,879 194,276 1.130.155 As at 31 si klarch 2021 935.879 206,J90 1,142.269 Depreciation As ai 1st April 2020 Charge for the period As at 3 1st March 2021 54.498 163,579 12,528 218.077 12,528 54,498 176,107 230.605 Net Book Value A5 at31StMa￿h202j 881,381 30,283 911.664 DEBTORS Croup 2022 Ch•rity 2022 Group 2021 Charity 202J DebtOTS Prepayrnents and accnjed income Inter group balance 79.340 67.896 79.340 67.186 45,506 66,166 74,912 66,166 74,912 600 147.236 192,032 141,078 141,678 10. CREDITORS: FALLING DUE WITHIN ONE YEAR Group 2022 Charity 2022 Group 2021 Charity 2021 Trdde creditors Other tax¢s and social security costs Other creditors, a¢cruals and defetred income 14,359 18,497 123,100 13.803 18.497 122.335 4,890 12.282 72,544 4.890 12282 71,944. 155,956 154.635 89.716 89,116 I I RESTRICTED FUNDS- CURRENT YEAR At A$t Aprll 2021 At 31st Mareh 2022 Ineome Expenditure Transfer Youth Develo Youth Music The Leys Shelford and Stapleford Youth Iniliative Earl of FIt￿tIll￿[n John Huntingdons Charity Rathbones Cambridgeshire Skills National Youth Work Agency Souter Chariiable Trusl Howard Foundation Cambourne Youth Partnership Beacon Youth Trust Cambridge City Community Devel¢)pment CSK Peierborough ARM St Bamabas ment and Alternative Ed￿￿tIOn 5,900 49.912 4.916 6,748 I,IM)O 4,500 7.331 4,289 10,000 18,378 ,229 6.748 1,000 4,500 6,081 4,289 10,000 5.450 8.000 45.500 30,631 16,000 8,954 21,460 4,114 37,434 3.687 3.750 5,000 5.450 4.000 9,500 4.0(M) 36.000 30,631 16,000 ,954 21,460 1.644 2.470 elfwd to page 31 31.070 207.385 192.334 46,121

ROMSEY MILL TRUST PAGE31 NOTES TO THE FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 ST MARCH 2022 I I RESTtUCTED FUNDS- CURRENT YEAR CONTINUED At At 31st March 2022 1st April 2021 Ineome Expenditure Transfer blfwd from page 3 Youth Devel ment an The National L￿ltery The National Lottery- Trnining Living Sport Hampion Parish Council Children in Need BPHA Trumpington 31.070 207.385 192.334 46,121 Aliernative Educatiot) 136.964 47.250 2.540 5.(bOO 25.923 127,888 35.907 2.540 3.050 47.795 2,500 9,076 11,343. 1,950 21.872 2.500 55.442 425.062 412.014 68,490 Other restricted funds Co-op minibus Betty Lawes Foundaiion YEF Cambridgeshire Business Golf Society 15,066 10.0 6.778 20.000 15.066 10.000 6.778 8.881 51.844 40,725 Youn Paren Comi¢ Reli¢f Cambridge City Council Community DevelopnKnt Car¢ to Learn Cambridgeshire Skills Pro rnme 20.1)00 23.178 5.500 7,946 9.690 43,178 5,500 7,946 9,690 20.000 46.314 66.314 As PYE Foundation The Blunt Trust Cambridge City Council Community Developmeni Christmas Appeal Souih Cambs YP Fund .750 3,500 200 3,000 24.715 4.158 5,250 so 3.000 7.124 1.039 150 17,591 1.750 35.573 16.463 20,860 129.036 506.949 535.516 100,469 11 RESTRICTED FUNDS- PRAOR YEAR At Isi April 202( At 31st March 21121 Income Expenditure TraThsfer Youth Develo Youth Music Youth Inveslm¢nt Fund NYA Wates Family Educational Trust Rothry Club Cambridgeshire County Reachirtg Further AwJrd Rathbones Church Schools of Cambridge GEM Souter Charitabl¢ TnLSt Howard Foundation Camboume Youth Partnership elfwd to page J2 ment and Alternative Education 37,388 19.793 17.000 5,089 3.01)0 3.750 3.750 2.653 3.0 3.750 14,956 5.742 2.800 46,444 25.535 19.800 5,089 3.000 3.750 5.000 6,153 3,000 300 1.000 14,500 5,900 5,000 3,500 3,750 5,450 4,000 9.500 4.0 24.000 100.173 61.998 133,571 28,600

F•OMSEV MILL TRUST PAGE32 NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 3 1ST MARCH 2022 I I RESTRICTED FUNDS- PRIOR YEAR ..CONTINUED At 1st Aprll 2020 At 31stMarch 2021 Ineome Expenditure TraDsf¢r blfwd from p&ge 31 100,173 61,998 133,571 28,600 and Aliemativ on Beacon Trust Cambridge City Area Committee Nor Cambridge City Comrnunity Development Cambridge City Area Committee East Cambridge City Area Committee South Innovate and Cultivat¢ Fund ARM St Barnab&s Birketts TNL Living Sport Terrell Fund CAF Resilience Fund CCF Recovery Fund Peterborough Council for Hampton Children in Need BPHA Trumpington Furlough Core Costs salaries 20.983 4.800 5,000 5.000 3.000 7.009 20,000 2.470 2.000 33.739 1.344 500 33.146 20,000 660 40,772 5,000 88,848 56.583 20,983 4,800 5.000 5.000 3.000 7.009 20.000 2.470 2,000 33.739 1.344 500 33,146 20,000 660 18,900 2,500 88,848 56.583 21,872 2.500 100,173 412,852 457,583 55,442 Other Restricted Fund Co-op minibu5 Co-op kitch¢n refurbishm¢nt 8¢tty Law¢5 Foundation YEF Cambridgeshire Business Golf Society 15.066 8.065 15,066 8.065 10.000 44.076 20.000 10.000 6.778 20,000 37.298 23,131 74,076 45,363 51.844 un Parent Pr Comic Relief Cambridge City Council Community Developmeni Care to Learn Furlough The National Louery Core costs salaries mm 23.993 6,500 7,946 7,700 17.232 5.509 3.993 6.500 7,946 7,700 17,232 11,509 20,000 74,880 54,880 20.000 The National Lottery PYE Foundaiion Frank Litchfield Eastem Counties Education Tn￿t Furlough Comic Relief Rausing Trust Core cost salarie$ 17278 3.500 17.278 2,350 500 15.000 9.289 18,990 5.747 13,011 600 500 1,750 15.0 9.289 18.990 5.747 1.100 82,815 82.165 1,750

40MEEY MILL TRUST PAGE i3 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST MARCH 2022 I I OTHER RESTRicfED FUNDS- PRIOR YEAR.. ... .....CONTINUED At 1st April 2020 At 31stMarch 2021 Income Expenditure Transfer Preschool Furlough Core cost salaries 14.415 4,997 14.415 4.997 19,412 19.412 Other Fundraisin Furlough Core cost salaries Acttv 14.351 2,954 14.351 2,954 17.305 17,305 ther Tradin Furlough Core cost salarÈe5 Activiti 30,443 32,888 30.443 32,888 63,331 63,331 124.404 744.671 740,039 129,036 The restricted ￿ndS being ca￿led fon¥3rd at the end of th¢ year geKrally represent gTants r¢Geived in advance for work to be carried out in the following year. For inforniation regarding the various activitie5 OUtlin¢d abov¢. see page l of th¢ acwunts under'Projects, Programmes and Services,. 12. ROMSEY MILL CENTRE FUJ¥D- CURRENT YEAR At Isl April 2021 At 31st March 2022 Income Expenditure Transfers Romsey Mill Centre 881.381 881.381. ROMSEY MJLL CENTRE FUND- PRIOR YEAR A¢ 1st April 2020 Al 31stM8r£h 2021 Income Expenditure Transfers Romsey Mill Centre 881J81 881.381 The purpose of th¢ Fund 15 to represeni the nei book value of the building Èn Note 8. 13. DESIGNATED FUNDS- CURRENT YEAR At 1st April 2021 At 31st March". 2022 Income Expend¢ture Transfers Vehicle Renewal and Repairs Res¢rv¢ Building Maintenance Reserve Covid-19 Contingency Fund Aspire Pro8ramme 5.OCiI 5,000 loo.￿)0 {5,000) (5,000) 5.OIKJ 5.000 (100,000) 15,000 15,000 110.000 5.000 (10.000) (85.000) 20,000 The abov¢ transfers are reflected within unrestricied funds in the Statement of Financtal Activities.

oriisEY MILL TRUST PAGE 14 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST MARCH 2022 DESIGNATED FUNDS- PRIOR YEAR At 1st April 2020 At 31st March 2021 Income Expenditure Transfers Vehicle Renewal and Repairs Reserve Building Maintenance Reserve Mills & Reeve Progressions Hardship Fund Covid-19 Contingency Fund 1.000 2,000 IS.￿0 4,000 5,000 {15,0001 100,000 5,000 5,QOO 2.000 100.000 18.000 2.000 94,000 110,000 Vehiele Renewal and Repairs Reservt This reserve is to ensure Romsey Mill Tru￿ has ftsnds to meet the costs of unanticipated major repair5 to th¢ Minibus and renewal. BuÉlding Maintenance Reserve Thi5 reserve is to ensure R0rn5ey Mill Tn￿1 Iw fvnds to meet the costs of unanticipated major repairs to the building. Covid-19 ContingeNty Fund This fund has been created to cover any foreseeable losses due to the expected reduction in Governmenr Granrs and other Covid-19 related support. 14. ANALYSIS OF NET ASSETS BETIVEEN FUNDS- GROUP CURRENT YEAR Uthrestricted funds Restricted funds Other General Designated Romsey Mill Re5tricled 2022 lunds funds Centre funds Total Fix¢d assets Net ¢urTent assets 75,070 778.275 881,381 956,451 898,144 .855,195 20,000 100.469 853.345 20,000 881,381 100.469 ANALYSIS OF NET ASSETS BETWF.EN FUNDS- CROUP PRIOR YEAR Unrestrictsd funds Re5tritted funds Other Gener41 Designated Romsey Mill Restritted 2021 funds CtntTe funds Total Fixed &s5¢t5 Net current &5sets 12.879 659.578 881.381 17,404 11,632 911.664 881.210 110,000 672.457 110,000 881.381 129,036 ,792,874 15. RELATED PARTY TRANSACTIONS Throughout the year ihe charity wls controlled jointly by the Board of Management. £75 worth of expenses wtre reimbursed to Trust¢e5 bythe tharity during the year. A tru51¢e (N Taylor) is also a tru$t¢¢ of Cambourne Youth Parthe¥ship. a chariry which during the year was engaged in a contract with Rorns¢y Mill Trusr for the provision of a part time Youth Development WorkeT. Thi5 contract is operated on an arnis len￿h basis. A Irustet, (S Taylor). who w&s also a trustee of The Church Schools of Cambridge a charity which make grants to Romsty Mill Tn￿t. Aggregate donations of £13,930 were receiv¢d from Try5tees during the yw (2021.. £7,165).

)MSEY MILL TRUST PAGE 35 NOTES TO THE FtNANCIAL STATEMENrs FOR THE YEAR ENDED 3 1ST MARCH 2022 The chority formed a subsidiary cotnpany. Cara Coffee Limited, on 23rd March 2019. Two trustees, J Hildersley and K Pearson are directors, together with the charitys CEO. N Peny. 16. RECONCILIATION OF EXPENDITURE TO NET CASH FILIWS FROM OPERATING ACTIVITIES (GROUP AND CHARITY) 2022 2021 Ner movement in funds Adjusknents for. Less investment income Add depreciation In¢reaseJ{de¢rease) in Creditors Decreasel{Increase) in debtors 62.321 383,259 {311) 18,620 66,240 (6,158) (2,212}. 12,528 (13,544) 18,07i Nei cash provided byl(used in) operatlDg activities 140.712 398,104 17. OPERATING LEASE COMMITMEprfs (GROUP AND CHARrrY) 2022 2021 The following operdttng lease pa￿ts are committed to be paid.. Total fvture commitTnentS 12.000 12.000 18. INVESTMENTS- CHARITY SUBSIDIARIES Cara Coffee Lirnited Country of Incorporation.. England and Wales Nature of Bu5ine55'. Trading Class of shares: Ordinary /0 Holding 100 Year ended 31st March 2022 Y￿r ertded 31st March 2021 Aggregate capital and reserves Profitl(loss) for the year Donated to parenl {Romsey Mill Trust) 15.265 (14.125) 10.988 (10.988) The Tn￿t was gifted l 000/4 of the issued share capital of Cara Coffe¢ Limited (Cotnpany number 11901327), a company incorporated in England and Wale5 on 23rd March 2019. The Trustees deem the market value of rhese shares to be £Nil. The subsidiary undertaking is included within the consolidated accounts.