PRACTICAL COMPASSION FOR DESTITUTE CHILDREN REGISTERED CHARITY NO: 1076588 FINANCIAL STATEMENTS FOR THE YEAR ENDED 315T AUGUST 2025 Members of th8 Institirte of Finanaal Accountants 51 SlatKsn R￿d l Forest H￿1 | TY￿ l NE12 8AQ T 01912E6 C(133 F. 0191266 0044 E.. 8&Mc¢￿warwJnkncY.cE ORWAS L￿•￿￿TIAoRwp￿Srns Co Re& P&J. LN511353 VAT No. 220 864131 PRAcllcAL C PASSION FCR DESTITUTE CHIiDREN TRUS ES ANNUAL REPOR FOR TH YEAR ENDE 31A ST2 la. We present our annual report with the accounts for the above year. REFERENCE AND ADMINISTRITIVE DETAILS We are a Registered Charity INO 10765881 and coniinue to operate successfully under the terms of our trust deed dated 22nd November 1998. Our BarTrkers are.. Barclays Bank PLC. Leicester, LE87 2BB, HSBC, 2-6 Gallowtree Gate, Lelcester. LEI IDA and the Cooperative Bank PLC, PO Box 101, Balloon Street, Manchester, M60 4EP. We appoint solicitors as necessary. OBJECTS DPO ICIES Our objects continue to be for the relief of children y￿ler the age of 18 years, lor in exceptional circumstances, young people over 18 but under 251, INing in the lands of the Bible. who are destltute through the death of one or both parent5. or have been abandoned by their relatives. through family breakdown. illness, or physical mental handicap. and are In the care of Christian homes or attending Christian schools. Our policies to achieve our objects contlnue to be'.- l. To raise funds and invite and receive contributions. 2. To co-operate wlth other bodle5 operating in furthernnce of the objects or of slmilar charltable purposes and to exchan8e information and advice with them. 3. To establish or support any charitable trusts, associations or institutions fOrn￿d for the objects or any ofthem. 4. To appoint and constitute such advisory commbttees as the trustees may think flt. 5. To delegate to any of ihe Iru5tees the transacllon of any business or the performance of any act required to be transacted or performed in the execution of the trusts of PCDC and which is wlthin the profession31 or business competence of such trustee Isl, provlded that ihe tfLlStee5 shall exerclse reasonable superyision over Irustee Isl actin8 on iheir behalf under this provision and shall ensure that all their acts and proceedings are fully and promptly reported to them. 6. To do all such other lawtul things as are necessary for the achlevement of the objects. We refer to Charity Comm155lon 8uidance on Public Benefit when ￿vIeWIng our aims and objertives, and ensure that future plans remain focused on Iheir achievemeni. Fundin8 limits our activities, but no beneficiaries appropriate to our aims are excluded. Equal access to our Serv1￿5 is Important to us. and we promote understanding of our work. STRucfuRE GOVERNAN Trustee5 The Trustees durins the year were.. Re¥.M.s.Jone8 J.P.Kenyon, B.McNamafa, and R.Hlll. All trustees 8ive thelr time voluntarily and receive no benefft. Recrultment and Appolntment of Trustees The Trustee5 seek to ensure that the u5erfs needs are ￿flected through the divèrsity of the trustee bo¢Jy. To enhance the potential pool of Trustees. selected individuals who may wish to become Trustees are approached as necessary. Trustees are re-appointed annually. All concerned give their time voluniarily and receive no benefit. Trustee Indurtlon and Tralnlng New Trusiees are actively encoura8ed by ihe exi5tin8 Trustees, havin8 regard to any specialist skills required. New Trustees are briefed on their obligations under charity law. our Trust deed, the Committee and the decision-making process, future plans and recent perforrnance. They are encoura8ed to atténd appropriate trainin& and made aware ol Charity Commisslon Publications. Feedback is encoura8ed. .Continued D MANA EMENT PRAcncAL OMP ION FOR DESTITUTE CHSLDREN STE NUALREPORT FOR THE YEAR ENDED 31 A UST2 sTrucruRE GOVERNANCE AND MANA EMENT Icontinuedl Risk Management We havÈ assessed land reviewed regularlyl the major risks to which we ¢ire exposed, In Panlcular those related to our operations and finances, and are satisfied that systems are in place to mitigate our exposure. No major risks have been ideniifted. A key element in oyr management of flnancial risk is the settin& and re8ular review of our Reserves policy. ResERV S POLI Free reserves are those funds not tied up In Fixed Assets or De518natedlRestricted Funds. We forecast the level of reserves required to Sustain operations. Should income-generating activities be curtailed. Free reserve5 increased from £67,596 to £91,050 during the year, however considerable amounts are already eamarked for immediate use. Whilst the current level of re5etves may prove Sufficient, it is our view that it is prudent to ensure that there are sufficient free reserves to ensure financial flexibility over the course of the forthcoming challen8es. DEVEL Ivi In the year we have raised of £130.ICKJ, l To date, since commencement. in excess of E3,064,0001 We are continuin8 to work for the V￿lfare of our S￿n50[ed children and thelr destitute or broken families. including medical treatment, and practical help for disadvantaged chlldren livln8 in povertv. FINANCIAL REV Our assets conlinue to be adequate and available to fulfil our obli8ations, as detalled in these financial staternents. RE DÉVEL PMEN WÈ continue to strive to maintain the necessary high level of our award-winnln8 assistance. STATEMENT OF TRUSTEES RESPONSIBI MES Law applicable lo chaiilies in England & Wales requires us to prepare financial slatements for each financial year which give a true and fair view of our financial activities during the year and of our financial position at the end of the year. In preparin8 financial statements Ervin8 a true and fall view, we should follow best practice and: selett suitable accounting policies and then apply them con5iStentlv: make jud8ements and estimates that are reasonable and prudent- state whether applicable accountin8 Standards and statements of recommended practice have been followed, subject to any departures disc105ed and explained in the financlal statements,. prepare ihe financial statement5 on the 80ing concern basis unless it 15 inappropriate to presume that we will continue in operation. We are re5pon5ible for keeping accountine records which disclose with r@3sonable accuracy our financial position and which enable us to ascertain our financial position and which enable us to ensure that ihe financial statements comply wilh appllcable law. We are also ￿SpOnSible for safe8uarding our assets and hence for takin8 reasonable Steps for the prevention and detection of liaud and other irregularities. Signed Ib. Srdned .M.5.Jones Trustee 16 March 2026 J Kenyon Trustee 16 March 2026 RA COMP ON DEsr TE CHILDREN T OF FINANCIAL AcnviTJES INCLUDING IN OME AND EXPENDITURE ccou FOR THE YEAR END D31AU VST 2025 2025 Notes £ INCOME FROM: Donaiions and Legacies Donations Received Ilnc Gift Aid clalml Miscellaneous 130.495 112,661 TOTAL INCOME 130,495 112,661 EXPENDITURE ON: Operating Expenditure 106.286 162,526 NET VEME TIN UNDS 24,209 149,8651 Funds Brought Forward 67,596 117,461 correctlon of funds brought forward 13601 Funds Carried Forward 91,445 67.596 None of our actlvltles were acquired or distontinued and th•r• w•r• no ￿e08n1$ed 8ains or losses other than as shown above durin8 the above iwo financial year& The notes on page 5 form part of these accounts. PRAcficAL COMPA55ION FOR DE5TTTufE CHILDREN BALANCE SHE AS AT 31 AUGUST 2025 2025 2024 FIXED ASS￿5 CURRENT ASSETS Gift Aid Claim Due 3.254 15,246 Bank Deposlt Account.. CCLA Bank Current Accounts: Barclays 48.060 51,573 HSBC 40.017 877 co.op 464 260 Paypal io 91.805 67,956 CREDITORS: Arnounts Becoming Due And Payable Wlthln One Year: Accrued Charges 360 360 NET CURRENT ASSEfs 91,445 67,596 TOTAL ASSETS LESS CURRENT LIABILITIES 91.44S 67,596 ACCUMULATED UNRESTRICTED FUNDS Total Funds 91,445 67,596 Appfoved.. Approved: Rev.M.SJones Trustee l Kenyon Trustree These financial statements were authorised for issue by the Manasement Commtttee on 16th March 2026. The notes on page 5 forni part of these accounts. PRACn COMP ION ESTITLITE CHILDREN DETAI D STATEMENT OF FIN NCIAL ACTIVITIES IN UDING I COME AND EXPENDITURE ACC NT FOR THE YEAR ENDED 31 AUGvsf 2025 024 INCOME FROM: Donations Received (including 8ift aidl 130.495 112,661 Interest Received 130.495 112,661 EXPENDITURE ON: Support for Oestitute Chil(Jren and Young People 105,025 159.464 Travellin8 Expenses 191 330 Printin8 and Statlonary Website & Software 162 I,S46 Bank Charges 548 751 Accountancy Fee5 360 360 Sundrv/Miscellaneous 75 106,286 162,526 NETM VE ENT IN FUND 24,209 149,8651 Total Funds Brou8ht Fonvards 67.596 117,461 Correction of funds brought forward 13601 Total Funds Carried Forward 91.445 67.596 None Df our activities were acquired or discounted and the￿ were no recognlsed gains or10sses otl thèn as shown above durin8 the above two financial years. PRAcllcAL I)MPASSION FOR D VTE CHILDREN N07ES TO ACCOUNTS HE YEAR ENDED 31 AUGUST2025 I.ACCOUNTING POLiaE Bas15 of Accouniln The principal accounting policies adopted and judgernents made in the preparation of the finantial accounts a￿- g. The financial 袢ounts have been prepared in èccordance with Accountin8 and Reportlng by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Flnanclal Reporting Siandard appllcable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151_ (Charities SORP IFRS 1021). and the Financial Reporting Standard applicable in the UK and Ireland IFRS1021. h. As we meet the definition of a public benefii entity. assets and liabilities are inltlally recognised at historical cost or transaction value, unle55 othe￿1* stated. Income All Income Is Included in the slaiemeni of Flnanclal Aciivlfles when we are entltled to the Income and the amount can be quantified wlih reasonable accurary. The followlng speclfic policies are applied to particular categories of Income: Income recelved by way of Donation5. Legacles etcls included In ihe Statement of Financial Activitie5 when receivable. Where entitlement is not conditional on the dellvery of a speciflc perlormance by ourselves, monie5 are retO8nised when we become uncondition?Ily entitled to them. Monies related to performance and Specific deliverables are accounted for as we earn the right to consideraiion by OUT performance. Income from Investments Is included when received. The value of Services provided volunteers has not been included in these accounts. Ex ndl Expendlture Is recognised on an accruals basis. including VAT. It comprlses those t051S incurred Sn the delivery of our activities and services. It includes ￿th costs that can be allocated to such activities and those costs of an indirect nature nece55ary tQ 5UPPOrt them. A5 a Re8151ered Charlty, we have no Ilablllty to taxallon. 3.NE MOVEMENT I FUNDS 2024 This 13 stated after ch4r8ing= Staff Costs Trustees Remuneration INDEPENDENT MINE REPORT T THETR STEES CHILDREN. F'PRACTICAL COMPASSION FOR DESTITUT We report on the accounts of the charity for the year ended 31° August 2025. Respectlve re5W)11sibililivs of trusteej and e￿Miner The charity's trustee5 are responsible for the preparation of the accounts. The charltvs trustees conslder that an audit 15 not required for this year under section 144 (21 of the Charlties Act 2011 (the 2011 Act) and that an Independent examination is needed. It 15 our re5ponslblllty to- Examlne the accounts under sertion 145 of the 2011 Act Follow the procedures laid down in the general Directions glven by the Charbty Commlsslon under section 1451511bl of ihe 2011 Act and State whether partlcular Matters have come to our attention. Basis of independent examiners report Our examlnatlon was carried out In a¢cordance wkth general Dlrectlon$ glven by the Charlty Commlsslon. An examlnatlon Includes a review of the accounting records kept by the charity and a comparison ol the accounts presented wlth those record5. It also includes consideratlon of any unusual items or disclosures In ihe accounts, and seekin8 explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evldence that would be Tequired In In audlt, and consequently no opinion is given as to whether the accounts present a 'true and falr Vie￿ and the report is limited to those matters set out In the Statement below. Independent examlners statement In Connectlon with our examinatlon. no matter has come to our attention: 7. Whlch 8lves us reasonable cause lo believe that In any material respert the requlrements: To keep accountln8 records in accordance wlth section 130 of the 2011 Act and To prepare a￿oUnt5 whlch ar¢¢rd with th• accountin8 r•eords and to comply wlth the accounting requirements of the 2011 Act Have not been met or 8. To whlch, In our oplnlon. attentlon should be drawn in order to enable a proper understanding of the accounts to be reached. DRWAS LTD 51 STATION ROAD FOREST HALL NEWCASTLE UPON TYNE NE12 8AQ