Cfjmpgny reglstratlon number: 03661S62 Cjwlty regtstrjdw nurnbr. 1078995 TWO RHYfHMS LTD TRusfEES' REPORT AND UNAUDrrED FINANCIAL sfATEMeMTS FOR THE YEAR ENDED 31 MARCH 2025 C•thedral Road C4rflff CFII 9trL4
Page Indq>end¢rt exam1$ Report SteThrt of Anandal k¥vl¥es (Induthng Income and gxpdknre fvmxrt) Statermnt of Poslilon 9-10 Notes to the Rnandal Ststem 11-17 The followlng pages do not form pwt of the staakny att(Kmts: Detalled Statement of Anarthl AC {Induth8 frKome and Exp•thirè Account) 18-20
Company tlo. 036BIS62 Yrustaqs. Report For The Year Ended 31 M•Vth 2025 The trustees present thelr report and the nnancl81 statements lor th• year ended 31 March 2025. ObJertlve$ and Actlvltl Alm• and ObJe¢tlv•* The financlal statements have been prepared In accordance wlth the occounttng pollcles set out In note I to the ftnanclal statements and tomplv viith the ch?rtty'S 9ovemlng document. the Companles Att 2006 and "Attountln9 and RepwUn9 by Charttles- Statement of Recommended Prnctlce ppllcable to charlttes ppartfi9 their accotsnts In acconlbnee wlth tho Financial Repon9 StaTrJbrd applluble In the UK and Republk of Irelènd {FRS 102) leffectlve l January 20191". Publ1¢ B•n¢llt To Provlde educatlonal and Therapeutlc progrnmmes lor the benefit ol people wlth profound physlcal and teamlryj dlsobllltles by nurturlng trtailvlty and self-confldenee through parteclpaiion In the creatlve arts ond through the dellvery of wowkshop trnlnlng. The trustees conflrrn that they hjve complted wlth th¢ r¢qulr•ments of Sertlon 17 of Ihe Chjrltles Art 2011 to due rtyard to the Charfty Cornmlyslon's guldanco on publlc beneflt. Athla¥omonts and Parfornianco Maln Achl•vem•nts O¥orvJffjw of Flnjndal Yonr 2024129 Thls year has been one of tranSlOn, 9rowth. and achleyament for th• Iwo Rhythms. We have navlgateil oryanlsatlonal chJnges, expjndqd our phy%tcal presence, and celebrnted key mSlestones, all made posslble by the dedlcatton and pamlon of our stall. who •nsvr• the thadty ¢)perJte• smoothly overy djy, W¢ enter th¢ next phose wlth optlrnlsm lor further growth and lrnpact, In Aprll 2024, a néw Ialr, wlth a longstandlng connettion to the th•rlty. was appolnted. Nèw knjrtaei lolned In Autumn 2024, SUPPOrted by a succe#Alon plan to maintaln oovemanct contlnulty Ind brlng In Iresh perspértlves temil èxplre. The charlty formally rebranded In May 2024. chonglng Its name from'Touch Trt Umlted. to' Rhythms Ltd * r4glst•r•d wlth Comp•nl•i Mou and the Chadty Commlsslon. In August 2024. the Touth Trurt Foundatlon was closed. and Its lunctlons were lully Intogrjted Into Tho Rhythmi Ltd. Our second slte opened late In 2024. provldlng •ddltlonal copadty, Improved access lor guerts and ¢arers, enhonced stor•ge and 8drnlnlstratlon 5Pate, and gre•i•r optr•tlon•l flexlblllty. Th• Sli• h•£ been well recelved by Iht tommunlty. compllmerttlng th• ortglnal locatlon and welook forword to ddvlng Its usjge to cJpJclty. In March 2025, the thartty celebratedlts 25th annlversary wlth an event #t the Senedd, att¢hd¢d by gu¢st$, f•mlll¢s, carets. partners, itakehold•rn. and Julle Morgan MS. The event hlghllghted the charfty'$ a¢hlev¢m¢nts and offers apportunltles lor greater polltlul ¢ngJg•mert to Influence arts d h•alth polly 4fid fvrth•r sypport tho ¢ommunlty we s•rv•. ..CONTINveD
For T Year Ended 31 M¥th 2025 Resourdng kvds ha¥r l)een conslstw IhmJ9hout th55 y. wAth onty ) In £tsitr&ts. All c(Krtraaed stsff remaln In post. In September 2024, we recrulted four new. Part-Me Creave Facllliator5. Some of whom wlll pwovlde the nec¥4ry capa¢Sty for tyjr secoThl slte. As thelr tralnlng spanned several months. these new colleag$ worked alowJstde the extsbng team. galnlThg valuable exPerftn. Jn the Autumn of 2024. OUr'Pwrrr PrcJects Ilanw to a ne-t& 'HÈad of Programme,. T15 ¢harwJe rellécts our new pdorltte5 to broaden the wogramTho and reath famSThes ar parudpants. It atso IAthd5 on ourwork wlth the Unlversity of South Wale5, helplng io artfculaie a dlnlcal ba$ for our To assist thts role. a wrt-tlffle'Pro9rnmme Ass151anV was appolnted on a SiX-mth)th ternporary contracL M•rnbershlp The re¥lsed membership rnodel has successfvlly retslned as rftany membews a5 however. provlders confjnue to face finaftoal and optrattonal pretylres due to thè onwng lrnpart of the cost-of41¥tn9 ulsls on the health and sooal care sector& Membershlp remalns a key el•nent PY4rtfternhlps Durln9 the year. the thadty ¢¢(labonttd wlth the Unl¥er of Soth e$ on an Indewdent researth syoject e¥aluaUn9 the work ofTwo Rhythms. From late 2024 tv earty 2025. fooJ5 grou condLthLI wlth lattdlles. caregiver5. wovlder members. and Tryo Rm5 staff. Earfy n11Th95 are womlsln9. ark1 partlcant leedbad( 11 help Infom the ttwws futUTÈ growth plans. The results of ihe study are due to be publlshed In &Jmrner 2025. In Sprlng 2Q25, the D¢• Outreach Project fvnded by tt Mccarthy & Stone FowthUon. cth)wred. Th15 Inlllatfve brought Two Rhythms. sesslons to a senlor m provlder. benefitin9 35 re9dents a5 a5 thetr famllles and carets. Delivèred ¢>vÈr slx rnonths. ihe projett thduded the creaiion ol a'sensw memw t. to akni part6dpants to conllnue with the objetts used durfng the sesslons. Foll¢)wlng vnlver5ally posftfj¥e Flmndal Revlèw Hmnclal Po[n F•mrd Iwlr to FIM•d•l Year 2025126 • DeVelOlt of a comkYeh$fve shte9k plan Ivr the cornlng years, settlr4 Out tlt dwilys Iw-term goa& and mllestty • Revlew of the organlsatk)n Mbslon and vlslon wlth lry>ut Irom trustees ar siaff. •tsurlTrg they accurately refiert PUWP05e and fvture dlrecuon. • Publleatl¢)n of academk Fsearch step to engagln9 new pathews ar Stakeho to broaden our reach and Im • Update of ihe govemlrMJ docuffwt tQ fellect the ttwivs r*w name and enswe that the dutyptWJn of rAr•thitYes aThJ m•Trbershlp rnètd our curyent wwk and remalr6 dear. ojrrent and tit lor purpo CONnNUEO
Thees' Aeport (contlnuad) For The Year Ended 31 Mardb 2025 xanckl Posltlon- ntInUed • Management of hek1 funds aid reset%s ty pladn9 them In a kbiterest acc hdplng th to g&)traie better retums and support futyjre Inwme needs. • Recrultrnent of addliSonal trustees Ann 202$ 10 5treftgth g¢ert and in new thlls and experierte. Reser¥•s Pollcv rnonths of essertwal ¢osts. and tht5 ts ree1¥ed p(alty. The free reserves of Ihe tharity. as of 31st Marth 2C124t repre1•1 funds fr• mllable 10 spend. arKwndn9 to £218.162. Governlng The chaW Is cofitrolkd by rts g)¥emirwJ document. a deed of tntsL and CnStiti a Ilmked compary Ilrnlted by guaTrrtee, 35 deflned by the Companles Act 2006. The Margement Comrnlttee condutted a review ol Ihe m)itir risks to whkh the drtty ts exposed. A ¢<WDphen5lVe risk reglster Is olntlY belng establlshed and 11 be updated anTrJally. approw 5Y5twns or Procedu have been establlshed to rnltl9ate the risks tr chatfjty faces. External ftnanci rfsks will be ath1ressed thrtyjoh the dlverslfica¥ion of funding streams aftd a revlew of the types of ctlvl¥es offered In thè fvture (ln Ilne wlth our mlsskm and vWon). lrtwnd finandal risk have been rnttr9ated by the Implementatlon of 9ovemJNtÈ protesses for all trdnsactlons. Pr¢cedures are In plKe to ensure compnance th health and safrty of staff. vobJnters, dknts and vtsltors to the céntr•. Thesè procedures are perfodkalty revle tg ensu that conth)ue to meet the Jleeds of the tharity Two Rhythms Ltd has a Board ofTrustèes, who meet btsmonthty arrfj are re$rIble the strateglc dtreciton of the charity. Board mambers are from a cross-settit4) of sthiety. all relevant experlwKe ar41 skllkg to the work of the Two Rhythffts. A sklFls alIt has tommenced to allow the board to Identlfy the sk(Ils gaps and taryet upcorring Trustee reuultment to rtath IndWLwIs the requlred skuls and experfence. Thls wlll atso aifow the board to undertake succesthn planThu. Trustees are recNlted ¥la open ¥¥6th p¥tsw ty9anlsatlNs and via sodal medl) umpa*n$. Ihe rtuuitment conslsts an appllcatkni forrn whlth Is 5tfted by the ChairNI thatr arrfl at least rther followrtd by an intérvitrii. aftèr whith sutt•ssfvl tandidates ar• recommended to the Board for apWntmenL coMrIwED
Two Rh¥thm8 Ltd For Tho Yo•r Ended 31 M•vth 2025 Day to day respon4blUty for opryatlon of chartiy resls wlth the Chkf E¥eoAlht <)fficer {ceo). The ceo kn respomlble for ensurlng that thè tharlty delhers the servlces spedfied al Ihat key perftyman lrn*¢ator5 tre met. The CEO ts also POr41b$e for leadersNp dÈvelopmÈrt of the executive In Ilfte wlth good practlce statOry RernU of all personrd Is revlewed amually by TnJ51ees. Mtss Jones - Director lappolrted 02109D024) Mr Mlchaells )an-Uwe- Dlrctor Ms Seaward Kathryn - Dlrectrx (appolnted OV0912024) Mrs Samar Small - Dlrettor Mrs Fashan Joanne- Dlrector {appotnted 2610912025) Mrs Allce Jones- Olrector (appolnted 2610912025) Other PeNnrtel Ch•rlty Number 1078995 Company Numb•p 03681562 Ind•pendent txamlner Laurence Cohen FC4 Gordon Down Accountants Ternple Court 13a Cathedral Rood Cardlff (7119HA
• ob#rw tro meth In th• tharfty SORP. compDny and to en•tsle tkn ts erdwe thatthe cuWyflth the C4mpMth• AQ 2006.Thyarn th> Tr¥ppMlb for rer{Tr9
A th• thaitty tnffjtQQs oftheC4mparrf (•nd tho Its dlrothrl trthe pu Itot th• oftho Compiny •FE Mt rèwrqd to bv uknP¥t 10 d Iha 2006 Attand arn etlqlb fv I r•ptht ITh respoct ol •xamlnakn otyour KLtNtnts 414¥nl•d w4¥on 145 olth ChorltteB Art 2011 y out mv exwxln•Uon I followed th• DlrndloA8 by th• Commith ¥n¢or Se¢Uon 145(5) (b) Of the 2011 2011 W. In In M¢¢+ 145 41# XIAI l unRn Ihtlarnqu ¢• undtylth the e¥arnlnB¥on bEWAa I af, thkh1soK olthe I 3 th¢ Ibwndal JtsiBrrronts ¢tu vrfth the requlr4ments ol**¢n 396 ofthe 200S Act•llwll• wy rnqthTh¢rtihtiJ aco)Itnri a true and hlr vlew vthlth li fflot a Matterconthv afan Ind¢t tr4mlrwtton' or 4 the Ilntndal 8tii¢mth Mt b¢¢ awurAlrffj and rtl by thrfues ap rod IN wlth th mthod8 and wtndpkn oftho Ststemert of fternrnmn Pmdlta tsr th UK 8nd Romi (FRS IOZ , to thoTiUes wop&rfng thqlr a(cots IN wlth ¢h FlnBnd41 Rfjportlw styftthrd appt1 In Ca CFAI 9HA
Two Rhythms Ltd
Ststsmont ol Flnandal Aetl¥lttes (Indudln9 Encomé and Ewrtdlturo A
For The Yur End•d 31 14Br¢h 2025 2024 fimd• fund INCOME AND EIIDOWIIE14TS PROM¥ Donarions ar legatyes Charltable ac¥vltles'. Charltoble Actlvltle5 Inv•8tmen 206.798 138.886 50.818 189,704 982 346,666 50.818 397.484 EXPeNDrnIRe 011: Charftable Kllvllles: amlng dlsabll1S tharltaNe fvxtlvltf•l (159,804) (25,4171 1185.221> (18.971} {18.9711 1178.77S1 (25.4171 1204,1921 l67.891 25,401 193,292 NeT INCO•IE IieT MOVEMENT IN AINDS RECONCIUATION OP FIINDSI Total funds brought lorwar TOTAL FUNDS CAIIRZED FOAWAAD 167.891 25,401 193.292 SO.271 218.162 25.779 76,050 SI.180 269,342 17 Th• noths on paw 11 to 17 forni part rf thtt• flnandal #•t•iitriis.
At JI •tsvEh 44.1x1 I97j 24 48.2 197.138 382 287.993 7,713) 20,531 197J30 214669 269J42 20.$31 197.138 21 24S31 197.130 217,669 269J42 197,U• 20,531 214162 217.669 269,342
On b*foflh¢both1 l(0112120Z
F( The Year Errf1 31 March 2025 Tryo Rhythms Ltd Is a cowry Ilmlted by guarantee, Erwland & Wales• regIts nurnber 03681562 aNI wlsteyed thadty rnber 1078995. The reglstered offlce ts . The financ1 gtstemerts have prepared In acconlance ¥vlth the Ch•rities SORP IFRS 1021 "Ac<ountfjng and Reportlng by Chadtles: ststement of emInended Prart(ce applIcae to tharlyes preparfn9 thelr aCttr In accordance wlth the FI)1 Reprytlng Stsndard appliuble In the UK and Republk Of Irdand IFAS 102) leffertlve I nUary 2019}', Nn•ndal Reportln9 Standard 102 Yhe Flnandjl Reportlng standard applltsb5e In the UK and Repubjk cf Ir•lond' and the Companies # 2006. The tharftaIe company L è lbIk Benent Envty •s defined by FRS 102. 2.2. Aw¢wrce• Exnd 31 Mjrth 202S 2.3. Thftglbl• Ax•d A•••ts •fid D•w•d Tanglblé fixéd •sstts •fe rrawred at cort btss accumthated depreath and any ac£unwlated lThyirrnent l¢)ssés. DtprndaoTh Is rntés tlculatÉd to write off the cost ol the fixed assets. less Ihelr &mated resldupl value. Lwer ttr expected uselul liv•s on tht rovldod at lowlng Leasehc4d Pl•nt & Mathlmry FIxtrar & Fltllngs 33% 20 2.4. C••h Ind Ch EAulval•nt Cash Jnd cash equlvalents are bJslc firtha1 assets JrKI IncbAe cash In hJnd Jnd deposlts hold at ull wlth banks. othr short-tern) hl9hly Ilquld Irvestments that mature in no more thèn three fr¢*)) the dare ol acqulltion ar are rwJly convertlble to J known amount ol ush wlth Inslgnlfic•nt rlsk of change In value, INI b•nk o¥erdrnft%. 3. Iheom• fr•m Oon•tl•rt• •NI •¢1•1 2021 1024 Ilnrn•trltt•d Unr•rtrf¢t•d fund• fynd• Domtlons and glfts: OatIOnS and 9ifts DMbtlonA from Indlvldu• 200,000 206,798 Page li
Two Rhythms Ltd Nots to th• Pln4n¢Tal St•toments {e•fttlnu¢d) For Tho Year Eftded 31 202S 2025 Uiireitrlrt•d Kertrf¢ted Total fundB ndg funds Educatlonal and Therapeutlc Pmgrarrmes ltr the beneflct of ppIe %¥lth profound phyglcal leamln9 dlsabllltls Charltable Artlvltres 4.892 4.892 IS8M99 1SB,899 50,350 SS.242 209,249 214.141 2024 UnreAtrl¢tad Re%trldod Totsl fvTrd• fund• lund• Educatlonal and Therjpeutlc Programme$ for the benefict of pgoplfj wlth pmfound phy$lul •nd rnIng dlsablllfjs Charttable Actlvltles 138,886 138.886 50M18 50,818 189.704 189.704 Grnnts, Included above. are os lollow%.' 2025 2024 R••trf¢tod Ro•trlct•d fund• fundg GVS C3SC Comrnunlty Foundatlon WJl•s YMCA Blakemore Mccarthy Stone Poundatlon NL Ty Haifan 19,346 1,000 19,588 4,000 loo 6.886 6,886 50,81B 5. Inv••tmnt Incon 2029 2024 Vnrngtrlct•d Unre•trfrt•d furtd• 8•r Intlrert rqulvJbl• 3,482 6. Othr Aftme 9•12
Two Rhythms Ltd Ilotes tt• the Flnan¢lal Statements (c•ntlftuod) For Tho Ye¥r Ended 31 March 2025 7. Not lTrtome/(ExpondltsMt) The net lexpendltureylncome Is stated after tharying1{credltln9): 2025 2024 8. Analy•l$ of Expendlture 2025 Actlvltl undertaken support dlrertlv Total Ralslng funds Educational an¢J Therapeutfjc Programmes for the tse[tt of people wlth profound physical and leamlng dlsabllltls Support Costs Charftable Acdvitles 119,511 10.713 130.224 5.651 130,726 147.093 5.651 133.418 269.296 2,692 122,203 2024 Actlvltl•• ndertaken Support dlrectlv Total Educatlonal ar Thernpeutl¢ Programrnes lor the beffte of people wSth profound physkal and leamlrrfj disabilitls Charitable A¢Vvli¢es 185.221 185.221 18,971 18,971 18,971 204,192 18S,221 9. Indepondont Examlh•V R•murt•rntlon 2025 2024 IN1ependent examlnarion of the flnanclal statements 3,000 3.270 Page 13
Two Rhythms Ltd Noto• ts the Flnanclal Slatements {contlnued) For The Y•ar Endod 31 2025 10. Staff Costs Staff costs wÈrÈ as follow5: Key management personnel The key managernent personnel of the chartty recelved benelbts {Includlng gross lary. employers nadonal Insurance contrlbutlons and em ayers penslon contrlbutlonsl iotalllng É90.257 (2023: $87,742>. 2025 2024 Wages and salaTiÈS Soclal sewrfty costs Other penskjn cosrs 154.477 2,215 2,981 159,673 130,9S4 4,028 2,503 137,485 No wnployees recelved employee benefits (excludln9 ernployer penslon costs) for the F¢POrtFng perjod of more than £60,000. 11. Av•rn9e Number of Employee Averag• ThJmber of employees durlng the yèar wa5.. 812024: 8) 12. Tan9lble A#•ets Lllnd f4 Propertv Le••ehold Plant & Flxlures & Machlnory Flttln9S Total As at l Aprll 2024 As at 31 March 2025 90.657 90.657 21,119 21,119 40,163 40,163 151.939 151,939 D¢pre¢l4tlo• A5 at l Apdl 2024 As at 31 March 2025 90,6S? 90.657 21.119 21.119 40,163 40,163 151.939 151.939 Ilot Book V¥lye As at 31 March 202$ As at l Aprm 2024 13. Debto 2025 2024 Due wlthlth one year Tradè debtows 4.094 6.611 Page 14
Two Rhythms Ltd Ntst to th• HD4n¢lal Staternents (contlTrued) For Tho Y•ar 31 Marth 2025 14. Cmdltovs: Amounts Fallln# Du• Wlthln Orw Y¢•r 2025 2024 Trade credltors Other credltors Taxatlon and soc1 secfty Accruals and deferred Incorne 11,447 797 6.177 9,292 27,713 8.318 2.572 7.761 18,651 15. 1)efetrthl Income Deferred Income movements In the year We as follows.. 2025 2024 Balance at the start of the pertod Income deferred In the current Pe0d Amounts leaSed In Income from prevlous perfods Balance at the eftd of tht period 1.980 1.988 1.980 (1.988) 1.980 (1,980) 16. Pwwlon Commltments The charftable company operdtes a defined cortrfbutlon pensl¢)n sthème. The assets ol th• StMe are held separately from those of the tharftable company In an Independenily admln15tered fvnd. Durfjng the year the charge to the 5¢aternent of finala1 4rt6vltles In respert of defined contrlbuvon schemes was £2.981 {2024: £2.5031. At tr ststsment of financtal posltion date contrlbutions of ENIL were due to the fvnd and are included In credltors. 17. Mov¢m¢rt fn Pyndg Asat31 A8ati Marth Aprll 2024 lTrc•mo Expendnur• Transfers 2025 Vnrestrl¢t¢d funds General: GeneTrl unre5trlcted ld Educatton and Therapy 218.162 147.568 14.813 {220.041) 1125.158) (14.813) 20.531 Total UhMgirlct•d fund$ 218.162 162.381 {220,0411 1139,971) Re#trfct fvnds Restrlrted Funds 362 1363) ..coNuED PJge 15
Two RhYthA Ltd Not¢$ to the FlTranclal Statements (c•ntlnued} For The Year Ended 31 March 2025 GVS PO8L Trust Foundlng Communlty Foundatton Wales YMCA Blackemore Mccarthy srone Founrfatlon NL Tr Hafan CFW Vnlverslty Research Cardlff Educatlonal ErKlowrnert Fund Location 2 CPC WCVA Reslllan Business Invesbnent Rèvenue Support Contlng¢ncy 19,347 1.000 19,587 4,000 loo 6,784 16.944 (18.607) 117.678) (1.000) (12.337) {26,937) {155) (4,000) iioo) (6,784) 19,687 155 6,677 6,887 (1,551) (2.895) 5.126 3,992 7,350 5.985 7.350 14.813 981 19901 85,190 84,000 5.489 (8,8281 (4,8831 3,902 990 85.190 84,000 5.489 Total ro¥trlct4d funds 51.180 55,242 (49,2SS1 139,971 197.138 T•)tal fvnds 269.342 217,623 {269,2961 217,669 at31 Mar<h 2024 Asthti Aprll 2023 Income ExpeTrdfturo Unr•6trfrted fvndo Genewal: Generdl unrestrlcted frjnd Re$1rfrt funds Resfficted Funds GVS POBL Trjst Founding Comrrwnity Foundation Walès 50,271 346.666 {178.775) 218.162 25.779 {25,4171 362 19,347 1,000 19.587 4,000 19,347 1,000 19,587 4,000 loo 6.784 Bla¢*emore Mccarthy Stone Foundatlon 6.784 Total Mstrirted fvnd# 25.779 50.818 {25,4171 51,180 Total fundo 76,050 397,484 1204,1921 269.342 Page 16
Two Rhythms Ltd Nrt t• the F(nan¢lal Ststem•Trts (¢•ntlnued) For Tho Year Ettdod 31 MJr¢h 2015 18. Yran$acQloni wtth Tvujto Dudng the year the ¢xpenses relmbursed to the trustees or patd dlrectly to thlrd partfjes were 45 follows.. 2025 2024 19. R•lat•d PDrty Dlad••ur•• 20. ControlllTrg P•rtle• The chadtable company's ultlmate controllln9 Party Is TouchTrust Foundatlon Umlted. As the Income of the group falls belDW the levant thr•khold$ tonsollOat•d accounts h•vt not b••n pr•par•d. Detslls af the chaflty's b511ar1eS at 31 Marth 2024 a as follows.. Name of und¢rt•klng Ae9lstered ofiice Natur• of builness clo of % Held tharns held Dlr•ct Indlr•ct Touth Trust Foundjtlon Umltsd Wales Tradlng Arm Ordlnary 100,00 Sharoi Touch Trurt Foundatl¢Jn Umlted w?$ d11wlv on 11 November 2024. Touth Truit Fo¢Jnd•tlon'$ fvnds were domtsd to TWO Rhythm$ Ltd In the currert wr. 21. C•mp•ny 11m1t b¥ ou•r•n¢•• The company 1$ Ilmlted by gu•rnnt•• and has no sh4re capltal. rnember of the ¢¢JMnY und•rtak•s to contdbute to the au•ts of CornNy1 In th• •v•nt of • W1nn9 up. iuch an amount Js rn•y bo fequlred nrf •xc4odlng £1. Page 17
V•rTh• Y••r Ended 31 March 2025 2025 Totsi nd 1024 T¢)tal INCOME AND EIIDOWMEIITS PROM: Don•tlon• •nd 14yd Donatlor and g1ft5 Donatfons frorn IndI¥1d 200,00 206.7S Charliablts Actlvltkn•: Grnnts 492 4.892 Ch•vlt•ble A<tl¥lti Incom¢ trom •cOvill•s Educton 132.991 11,095 6S.163 126,12 50.81 12,74 IB9.7C Income frorn th•table actMil•s typ• A 209.249 Zn¥e•tmen¢• 8ank Interegt recdvable 3,482 3,482 9e 217.623 397he txpeNDZTURt Olli R•lilng fvnd¥ Sundry •xp•ns (3) (3) Ch•rltablo Artl¥lllui ed¢Kat5onal and Th•Y•p•utl¢ Progr•mmw for th• btyWkt •f p•W• wlth proftn l•wnln9 dlBnbllltl• Project t051S Wageg Jnd larI¢S employers Nl 13.4051 (17,8 171.5071 {120.11 {4.02 {2.5C (57 12.97 121,9e (62 12,05 17.7C ..COPlllNUED 1650) Other stslf costs onsvltancy fegs Aepalrn, renew• and m¥nteNnc• In$ur8nc• O•ts and tsl•¢ommynk•lJw ¢osts Pa9• 18
rwo Rhythms Ltd Oet*lled Statsnwnt of FInth1 AcOvStle• (Indudlng Xn¢offle and Expendttum Aceount) (contlnuad) For Th¢ Year Ended 31 2025 Consumable Items Royalttes and Il¢erKe lees payable Employers Nl Recntitrnent costs Staff expenses Travel and sulW#erKe exper (43,9491 {4.791) (821 {19} 12.439} (35) (4,116) (1,129) (1,891) (19) {786) {197) (130,224) 1185,221) Repalrs. renewal$ and malntenance Insurance Prlnting. Postage and stationtry PhotcpYlThg Support Costs Employers Nl Computer and IT consurnables Independent examlnets fees (2,133) {518) 13.000) (5,651) alarltsble A£tlvltles Aoyaltles ond Ilcence fees pjyoble Wages and salatSes Employers penslons- defined COntrtbhOns scheme R•truitm•nt costs Travel and $ub$lstence expenses Travel expenses (2.692) {82.970) 110.269) (2,331) (3.20SI (1.271) Isooi (3.217) 17821 (2.7851 (2.3061 IL881 19531 (8.9611 {6.0531 18931 (4.7151 (3.4091 17501 16281 1687) Ratss Propety manag•ment and serylce charges Lt9ht and heat Clettnlno Prèmisés insurnnce Other prwnlses costs Printing, postage and stationery Postage Ad¥ertlslrÈg and markettng costs Tèleeommunlcatsons Profe55lonal fee5 Consultanry fee5 Subscriptions (5421 12.9861 (2201 ..CONTINUED Page 19
VorThe Year &Mled 31 Mar¢h 2025 Bank tharges rndep•)deAt eyamlnoes l••s Accauntsncy fees (435) (4041 13.2701 {3,687> 11.280) (133.418) (18,971) 1269,296) {204.192) (51,673) 193.292 IIEf (EXPENDrruRE}IIHCOME Page 20
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