ForTr P•riod 202Ato 31 A Chlldyen in 1 Dathake Vi PL6 7TL
Cont•ts rfthe Fina ForThe PeriThl 1 12024to 31 215 2 to 7 10 11 to 18 19 to 20
FOrT Period 1 21r24tts 31 A ust21>25 TRUSTEE8 c ste¥ Mr5 E Bl&izwd (resiffj 21.11.241 NA T ktrs V Fre {TeshJned 15.125) CLths Acruw (res 20.11.24J L D Sdbie COIPANY SECRETARY REGISTERED OFFICE PL6 88X REGISTERED CHARITY NUMB81 10PJ458 1 D8rklake V PtymryJth
Idren In ForTl Period 1 A Iiwto31A The truslees who are 8lso ofthe Ihe purFO5es ofthe Crynpanies Act 2C(6. prEsenl Ihew report the fcial Btaternents of the (wly tor WKXI 1 Nw"12024 to 31 August 21Y2& The trustees have adopted the prowsions crf Accounting and ReF#yb'ng by Chwth&' Statrnrt of ReTellded Pr&e ap1(%1e to charth.es prepamg thdr accnunts rl attordaÈKe the RepybrwJ Stsndard apIc¥ in UK Republic of Ireland IFRS 102) {cffEdi¥e 1 J8nuary 19). Chalrman'8 Report ForTr En(kd 31 AugU2(Y25 Promth"rKJ firen in Ptylrh (PCIP) has d8fver&J gjxessfrj crf grThth aTrJ has touc1d Il live8 of rnure young pe(yle. Last yea I tr) rena ctiaity. H3ng Ihe The cost-OtIMr¥J crisis cthb"nuÈs to inrAd a(fversÉty f8rnes on nèfitS or knv intomès. This is mainly as a result of hwJh in1lat¥. huh nterest rates. W rerta t5 kn frfftJ 0dJOn and hvJh energy CO$ Thi4 is causing h8r(lship forthw Ir¥¥J in Fy• knllw te9 forc8J [. For society arKI PCIP this is exacerbating the of the Thrnt ofthldm ling in poverty in our iity SU0sfUl. 8xcdl8nt wogTe6s has been mth, cyjr C gxi has Th7easgJ and ts dsarty has grown, aB has Our rnaior focus is on the alOn of thild nThJst of cu has ttffjcentrated on tlis mnstaY of Ihe charity. Alewaing chad povety is a Very Itt wll command the majorsty of cxjr enry into 1he Fnedium term. The ipart of tho Com&19 p3tKlemr 9X ppverty Ptyrnouth. and tho cx)gcMNJ ec(Morn impact of ts cost-0plrn9 U1 conttThJe5 to make the sriuatrjn e more ious. ThkS to the rDnbnuing and gr79 Sukwt ofthe Ixwnes5 Ix)mmLnty manw tQ 1rd¢[vtis lives of th5athged youry Feople hng wJ5P4reIkrn to¥ard8 a tettw Athre. The syfK)nyrns &WL7ated IMih rfude a(fvcrate. boost dgvellw. en(x)uragg, foslor, rture. stimulate and suppttrL This ernbr5 wwythiNJ IFK3t PCIP is to irspire ywng reopje to aspire for beiEer PCIP has cDrth"nued to 8V x rntr81 rdÈ thè Ptym(xth Cty C(KJncl Chli d Povty Acticfi Pbn. We have maInt•'n dose colkt•JFation Y+7 ts Cowwil FeTicJ to W thINer Plan, whth was publk%hed in 2022 and covers th8 2022.2025. Lc(iry thèa1. PCIP r2nS fijlty dnd th CnA'S ojrrènt str8tsgit appTuath lo ttirvJ d)ikl povaty is Trnitte{l to SLwybrvJ the nbon$ set £Krt in the enrng 'Building Bntys to OFVOrtunity' paw. Our M?Jk rd defvereil in partrwlyp a gTThbWVJ of CX¥FxJate sufv. Kerf partners iTrlude Princess Yacts. lfjerBAMJV. BD. hoP Hemir¥J, The Cattewkn CO[LsSions, the North Yard Tnjst CIO, and PM0] C"ty Council. awarenÈss of r MisSK i89e5. m(Ke and organisrB we ioiring efft>rt I PCIP projects are desvJwBd to inspwe y(xry p. in pwtiujar ttrKJ5e eywwKang poverty. Pro1 are fooAsed on raising aspirin& tMldiThJ confiden. supthg •JLrAlcd Wc4s. and broaknirwJ awweness of the diverse welbwng. To hdp ¢x)mmurM¢ate k) aK5 pT(weth 5FlE[s. de¥elW a PCIP R¢)aYmap Ihat illustrates jouww from eJty to adolescen ts dis&Jvantaged young people. It highlights rawJe of InleNens PCIP at e&h * lo suprt KI tynkyJw them to Neve lh[ PLrtential, Huhhjhts ofActiwty tkrring the P(*
ForThè to31 2025 . Str)ryt8lling Prq•d . This 113t[vÈ h&% to iih 25 parbrypatiThJ and gaJLdly transiboning frDm to in person se5sK kn than 9fted to thhknn durfry the financ1 peri1. . Caeer Fdms . Our has ex[Xq to frts a wtsle range of local c£rfnpanies and career Ffjt1rw. Both primary pwLs have with th& ffikns, supported by interactive Q&A SeOnS delwered wth our palnets. 55 txwnaty sth(xJls and many S8rJary schools are now using Ihese 8spIRtion81 resources. Prrxkn¢xJ ty T1 these films IaIn a com8rston8 of our careers work. In the com¥bJ w. we VAI rrm targeted ¥j nknue to 1he libraty. enh eThJagernent. Superkids. SUFPOrt from Corpale partners, pa1¥tS Msited workptaw rÈtÈivÈd ronalIsèd SCts8nings of (sr88r fknis, aThY ThÈ extrNd suppTht is achieving strong outo)mes. vth fi)mier SupeTlll(b progre58ing wrto Higher . Thè PCIP an(5 Str88tGanes Path8rsh"p (xYlUMs to gr17w of W hxal and national knthvledge . Rurd Repidentials - DeVered in partnthIp shaA¥kd Fwrn Farms ¢)ty Cd. T¥ fijrther woups of dildien atterthl week lESen31S at Nethwcott Fwm and other haNE wsiled Shallowford Fami. Th8 ildren gain life thanging eXF c a vng fwm. Fow scknb now Fthu"pateil ts a third year, and wi sh1rd Fa'S SLpporL we expect tr) reach an Irw ty fve s(KK)b during the r fao'al year. Ten high ne&1 sth¢x)16 also Ir frum day trw grown ILWKth. . Bookmart Reading Buddies . Workmg lo raxuit vokrter3 fr(Th the bugrEss ujmm lo on6 to one readirYJ gAJiy)]t Thè w)gTrffi aims to h reth age expeded reading and resuts rain highty en£U1ng, svJThficant inprovernents achEvgJ In sIrt b"metsmes. F(v 8d¥x)1s arp rrf)w fully funded. and a fijrthw sthoj has Srj a £10.OJO wartto ts rp&Jry - P8rtM Im8girtKffi brary - The PCIP DPIL lahed in September 2ff24 ftmakng from PCIP. thg Earfy Years SOLtht Stronger Pti HLJ, Pkrth Ywd CcthNrity Tnjst. Thè I11rd More 1.000 ethildren regist8r8d in th8 first 12 months. The prowime 8 free bcok to every thild from age Lattil Ih&r fifth txrU)day in the fwi rrK)St deNA VIs. To max1 rnm exh nKJnth the ar8 also tA"ng A.d free of charge to 1(X) hjcal nurseries, winary scMcAs. thMIrler$. arKI Family Hth. The Ealy Years SoLrthwest Strongar Prath"( is stJFqxb"NJ settirys 8rKJ familw lo enyjre the twks are efflIvelY. PCIP and thg Famity Pb8 have also Iwrthd 0MUnIty St ses6icfts cMJFen aTrJ wers. to èXP3nd into new neighbowhcots next year. Th8 PCIP Projranme nUeS to grrA¥. VTth rnCe Ihan 5.LIX) Ste@r 8IYOSS the iity in support of the PCIP Roadmap wciects. Recnjitrnert •wJ wiLipe [er grovrth in number of vdunkn in the ¢(KThing yeais. Looking ahead we wll comete the de¥el(4)rnerrt of PCP FwwKyal Life SkAs PrcwJrarrffie. and we extect this to a m8ior rwi I"3t1¥e fty 2026. Pilot 8es8icfB are to tegn dng first part of 1he year. wlh rollo later in the year. hArned & Year 5 WFrf"14 pryramme VA L (x)Il with ¢)Jp(rte vcJnteers 1.2 hcwr sessiws in S(J1 lun¢. Ttr¥e8 thwned rTKxkPes we tj develw.. . Need8 versus W8rrt8 - Ckniinfr Scams, Payment Nqeltths. Tlys progr4mmg 11 gtyp thildten essenti& WKlerntanding at an elY agq SLwm their I¢9 temi confidencÈ xnd rÈÈiliÈrtts. Awwess of LSSLES that often ¢mpac fans. as shaTk& rJedit card debt etcvil help childn make te1tercts asllvy qrter thIttKKKJ. The Ywth Hardship FLwJ continues to be usgj to 5UPVYt KJ aL%) cxxmsdling to young pw)le who arg of ¢rim& throu our pathÉrsh"p Yth twn c Tl finaroal SLWOrt helps YO people at a time of ¢ri&s in their live5 at a time of extrerre ne&J. The fiAr¢g kn ths has bew W)lbi due to a partnership PmOuth City cou41. wh) matthIurKhJ to 1ver of trA8 extremdy valuabse ser K is antiapated that this palnètsf4)will c&as6 thÈ nèxt rAKKI Ibbol fvnds can te rai Pa3
oftheT 12024b)31 A Perlod 1 Our Iwo retsil No& & 82 C(rh Strert ril tieS in Ptymth Cty Certt remaTri lu1 cGvpigd and are providing a rBgukir illCTme. ThE net ilr0 from ItEse beknJ ) to ftThJ wvnrfL The organis8b.on e£Jnb"nu8S to fthmyion Mel 81 al a¥J OFs iih mnima overtteats. In partiojar. we remain extrernety grat fur the ¢tinUed wovthj bjf the al scien Parf(, who providè officè vd ol awarerss training. Finalty, I like to reoyd my atiDjde to to fry (ekni Tnjstees for tlw commitment to our arns and ot¥"ectives, palutaty over the past knvye as irvplemenl yjrfftart tharrfJes to the tharty, its image and 115 posith.on in the f8biK of Ptyrn(Kth. Aso, a huge thth¢ to au of eVar-grln9 numlw of 5UFWrtÈrs - ywr commitment and ongriThJ support of ow is arml Trr4LvI As ev1dw at#< your contributions are enablry uslo expand ar#1 gr04vowKvk wvj (KwhtO ycxry F If you are reading this aThJ are not a a# Id loNMn us in efft¥ts to over(¥ ts effects of p)vety, F4ease do W in touch. mauri West Cha"m)an 08JECTIVES AND ACTIVITIES Pollcles and obAecllves In setting oLyethes aThJ pknn•w activib8s. Ihe TnISt gven [ide[on to the gerEral gan rthished by the Ch&ty Ccnrrl rdthng to tKJtIK Pr(ffr Clw'l¢knn in Ptymouth {fom)ety The Ptymouth Drake Foundabonl sel out a5 a ¢arty co¥Er&J the tr8vd to work a4 suppothg smaN voluntary and rKmrnwity grwps by to h CAe. slll PTDwdes grdnt ging Programmes and CommionIng of Serv on betdf of (kJvKys. tlkyt kn¢Jng 15 allcNed in the test way to provid8 valu for rnony support to tho ajtnmwyty that is ddNered and makes a posthffj and L4stiny ¢fferen to benefficries. Prcxnoting chibjn in nymc4th {PCiP) Iws to exFfjThJ aTrJ teen at4e to fir1r ddwery partners increase the number of wrterVkn alg Ro•knap of th"klten's Iwe& This has been due to the level of wpport from bugness seckn. 0[ fvTrrai5iryJ AKome that has resul1 Ènd whith nhnUto grow. In the fijture, when Sent key man inrtt8tffts hwè bekn ÈStst{5 and sjraj on a su&ainabEe bags. ffitwrval support via grants. gw) to suwt sow by ¢ther arKI support groups that are PCIP has been wotkirbJ our pwther, the Dewjn CcTrmuity FoLwxlats"orL KJ the va¥KxJs dcmrs to refresh the terms of the loThJstsUished Grassrcois ErvJcNthent FurKls to make mfft relevwrt lo the dlengeS knd Ml tme wrkl of trxlay and to f%ilrt the ctYnriwwiFVJ of servKX to aydress the needs that ate tEing i(knb"fied al$ our cornmunitse8. ReL•. 4)pfv2ti¢M ts grarts tere inwbJ axl bÈèn 8wo¥&J. The work on I(1a.ng the terms is exFecbJ to be condudp4J sh. The rnedium te aim5 of PCIP we to'.- 1. Atheve an anr•Jal incun8 of at kwt £2XJ.IKn to that are helFthJ the level ofthikl poverty. 2. Identify witable new prciecas path8rs Ihat mMISe KI eXpd Ihe Nnpa(# oltre driS iThbabves. 3. Irrtyease the nwntsr of (XYKMJ a1 (thr suppJkn frcffi Ic1 ojmmunty to prothdè a rUlar income 8tream a5 an OLthach IFtto the communibes ofPtym(yJlh. 4. Investigate and wrsue rw otrwfund-raisirvj Ttte tharity ha5 SUPPOrted a ide of k)ral (KgarrfsalK)ns 8rxl kjra of all ages and abilities for over 17 years. has helped tharities arvj v(AuntJy wjps. swjpothg and scxia tsoLation, ed11 training. sporL the enwonrnent and aspects ofcwe. the past fmayial FtNKxI as th reiyrt year4 ttE kns pre(k)minanUy has been the eradKab"(m of chihy prtY ar¥J of tlis and Iuding thè d8vèlopmènt ofnew Proj and F4ot 8( This h05 been suc551 in al r*.
ForThe Pèrf1 I _rf1 2024to 31 A ACHIEVEMETrIT8 PERFORIIANCE Golng concern adequate reSoUS to (ntinue in oper8ticmd •xis18nc8 kn th8 ftlurÈ. AS m051 chaTTtae enterwises, the conttnuing success of PCIP aTh1 indeed 41w(yiakns of the going cO£M stalLL8 is deFendent on fyjtur IrMe generated at 6uthnJle levels. Revithv olactivit The prim foaB h85 fen to late thld F¢•. In adthtion, we begn VKing Dèvon CornmuThty Foundation to refresh ts agreemerts in respwx of th8 Grassroots Ffftds. induding new ways of providing bèn8fft IndJing lh& Itkndthtii of tgeb"NJ axl rxMnmBsKwxr¥J b) SJre5s defined area5 of negj rather than seeking grdnt aprAri0r on 8 Erwe general bas& Aso tkn has the c(mtMMtN)n of other smal furkls that pdÉ smalkr levds of 8perAficgrartsupp(rt Our partnership wth The ZorE is onl[j KJ Y(th Hards conb'nues to be a vitd resource tr young people in crisis. Th[8 r& a CrIattKfj City COM f(kning the doswe of their Emergency Weware Fund, Contribed £18.thO vthh vras matr1 iry a £6.rKM) ir¥WJil of fimds from PCIP. Looking ahead, the [r]rn9 recav¢l likdyto be exhau£d duriry firBt halfof21)2& The tharity tille5 to ernploy K1 Bidthyel asts ar CaFDline as the offi Manager. As pal of her rcle, Carokng a50 SUPPQtts ts Myk of Ncth Crynrnw¥ty Tnjst CIO. The No]1h Yard Tftjst cio NANCIAL REVIEW Prfnclpal lundlng Currenty. the charity's prin fijnding cunes from otsr Sour that are SLtPPOTbng work to eradKate child poverty. The of ma1rrta.rw til5 th k5 £2Xs.CQO per antNm) •KI this is excted tr) wmyease sbll turthera5 wojeds e>wbJ . The Enderrt Fun rnd Gnllty Fnts¥i0n, eslablished ty thjnthns from large generate a sTrJnffirant arnountofoff-tdm sheet rne grBrtm rxwKK)se5. bèan ftjlly oC(xJ.ed Sin JurE 2020. In a(th"orn tr e (knnS from OLW extsbTrJ FiieTrJ5, clhar income and ftwtrer tenefft was generou INO"&yj the PtynNJJth scien some of our tOL31 Matorlal Itw•stmMts poley The Trustees conts.nue to mantsin a ofaKJiTrJ ris Furnls previousty rased ty PQ"P under ttt Gra55r(th fHDthe we md on our b88 tri an en(knwllent fd by Devon Community Found"on IDCB wh, tctyheT the of fAher Commurmty FoUJati0s. has invested th&n
FOrT PerlLNI I A FhNANCIAL REVIEW Results for Ihe perlod Grants frtNn the GTassruots EndovAnent Fth)Js. mal by C(rnunty Foundaticm. amounting tr) £31.361 wue awarded up to 31 ALt 2025 dln Ihs kni81 rAicd As of 31 W 2024 tr£ fiJM1s avalp thg Gras5rcots Funds f0rgrsntgi 8t(x)d St95.396. PCIP dir• diStrrted funding wie¢tsfrKxnthe fckn•MvJ.' - P1¢( Fund Iforfflerfy PtF Fundl- £42,881 - Ptymouth a.ty CcAAn¢>lk>Ts' FLnd- £0 - Ptymouth Training FuThY-£1S) - Youth Hard4p F(md- £10.41JJ - £11,533 byds dislribuled from our unrest Funds The lotaf nOUnt dislnlyjted th"Th3 ttms peri(Kl vrdS £64. Thè provi¢)n of this of art supp)rt IAh¢r 15 eKtrenty pleasw)g tlwe TnaEn5 a huge need for assIstan within Ymouth aTrJ awn is to rKre&se the c4 ar¥J th8 wnount otgrant dislribut6d across our Cty. Re$ery pollvi As of 31 August 2025. unre8trKl8Y re5eNes Iclthj £335.225 Imwch 3r24.. £317.182) rastrthd re5eNes Itknld £64,285 (Marth 2024.. £61,699}. Fré8 rrS asof31 August 21Y25 tc42faJ £148,725 W 224.. £1).&94}. The Trustees tske into consJ6rakn èxpthy aThJ eXF&UknJ WM)f to 8 dlOn on the of resms to b8 h81d. In any evenL imrnettse Lmrestrthj serVe tre to lall belthy 6 thS fvnding whKh the re of8Fer#TrJ equates 10 £97,SKI. In asse&qng the kvd of reserves hdd, Ihe Truses emptrwi5 cffi nature and of Promotmg Children in PtymoulhS charitatle ¢J8t¥Èry m<xleL T thbes are otggnwy around a long temi programme of interveniion5 set In Ihe PQ"P liothap., b) ¢kn aTrJ y(KYvJ peopb from earty years through to adOle5(xn. Delivery of tbvs Roadmap rwes a lJh èxpendth. At ts oJrf&tt kvel of &Vity this is approxitny £240.CKJO lo £XS,O(K) per amum, ¢xweriThJ staffirrJ, wo9tarnme delivw costs, safeguarding, Infra5trucure aThJ dIrt ¢tharitatle a¢bvitw acro Proj Opwah" ctKuJrrenUy. A5 a resyf(, reseN95 thwn at the year end are Nil wtplus a¥e dL%ueb"onw distrilyjbon, preseNt workiryJ captsl thal is ile a proportw ofthe (thty8 we uNesth"ded li tums, in are already commrtied to suKwi"ng é#.rg programme& pknn&# futrwe irterverknB, mLthi Y v¥tL8b¥es vthEre funthrKJ t?¢ inforrnalty agreed with dCorS but (loes not rngPt ts defirybon crf resln.rled aLxwniThJ pJrpose& This incknes several flagship Roa(knap pr(yJramme8 whhth r&Juire ongoiNJ finJKJal siyF#Jt to acievelheir inten1 lorytwm impact Grant tundiro therefore ranains è Mtical of PCPS frBrKial gxtsinatrflty. Ext8n¥l grydnts enable the charrLy to coth.ntje delwering and eJpaThJKo rts Rwlrnap irrterverrtt'ortB, resp to emergiThJ need aCsS the (?ty. and avoid The Trustees tlieve that r[ntalrQ an aFytyn thl of reserves is a reswwtk apFKDath ttrot anC0S finaneial reSi1nCe wth the (Jwrtys mmItnI to deF4oy thety to alliate cmd po¥wty. Re5eNes provwje assLJf8n( lh pr0MeS te reliatAy ¥J at g rah8r th knds th* arg $urVus to chitble wrFose.
FOrT Perfod 1 A . 1Au FUTURE PLANS Thè tJ)anty ES fethssed on rtI iftrKeaw ts bevd of l¥{ty in resFeLt of eradK&"ng cthild poverty. The charity realises that more fiJThJing i8 wuired to meetlhe chalWs•J tci." . ExKAnd w)sth• vKx ofPCP ¢ity. . Build upon the existiTrJ partnwthipw)rlo'ThJb) ofgMn9 •KI surfft)rt. . Growthe impaca of the team ofvc4Lther& . Provide Sign" to asst8oMslo irtlv. crfl aSt. . Identify philanthrcp$615 and organisat'ons vh) gfts k) cJe r ETrtrrn FuTrYs or direct fin8nck?I spOrl The Board regniseS that to maMan a FKXtldio of iru)me streams, corpoTrte suppx)rL grant programn)es and other forms of slan The irrThediate fcojs i% to bjihl 179 prQ1 anLI graduJty rarvjeof r1rrtknTh fooJ5geJ w akning thik1 pfft. con6tutIon Ttr company is wistered a5 a dwrtat 5mbJ by vms set w) by a MenKJraTrJum of Assooat•Jn on 8 Decnber 1999. Ttr prirrApa objects of the ccrfnFWry are". . The Ch3 Vision Sment i& The Chty's Missi£ S&ment Our mi5sW is to Iwilitate wc11haI cyde of Kthpty in PtynKxth. MetlYJd ofappolnlment ¢xelxllon 0fTno% the Arti olA55walK New Trustees wll been fcfird ty an exts1iJ Tfttst8e wll nSIdered ts thlls rEed of thB Bowd and the slill set and othw beneffts that 1he wosrethe TTUStee (zn offw. and Ihe Trusiee bMII have brièfed them on Ihe activibe5 of PCIP. If IW to (xvBNjwj fcrf a rcle a5 TDJsle8, tw wll be tnvieil lo attend a Board ffleth"rKJ to meel tho rest ol ttE Bowd and to w eX[ere of ts ciwJn aEvJ the ¢MTent and fuiure acbvitses and i)i118b"ves of the Chty. If ts Bwd is satsfied ian(tidate I1r con¥nrtt8(I lo b8thming 8 Trustee, an iivitabm lOin the Bcfjrd Bswl. Or9ani8ational stwcturn and decl8ion mai The Board of Trustees rNx4f rneets ght tiThes pef arnjm. As a r8suII. Ih8rÈ aÈ SVcLIMrtIeeS as freqww of Board rne8tings enabkn tNstees to al rdÈvrt mattw5 take dl necessary (kn"sons wthout being to smai cornpar. pThed ty cfjder ofthe board oftruees . 14 L D seE.e- Trust
IndepeThlentexamlnerfs voporttothetru8tees of PyonKn9 Clthdren In ptyM( fthe Compan I wort to the thwity truskts on my of ( ttE ComFWy f(Y ts period 1 2024 to 31 Auwsl 2025. Rospon8iblMtl•s and basS9 of rewt As the chaTity's tr5 of the CcAnpany land akn fcf Ihe purposes ofccryarty law) you are rwonstjle ffi2r the preparaOn ofthe accounts in [daeVlh the kt 20c6 fthe 2C(E Arf). Having SiSfi my5df that the of the are rnt to te wdited unthr Part 16 of the 2[ and are digible f Indedent e%aminatw)n, I repC in respect of my exanMna¥)n of yr tharity aC(thn as cxni8d und8r seth. 145 of th8 ChrtS Act 2Q11 2011 Nrtl. In IxryiThJ Ixrt my exnlon I have folkjwed the DireLons gNen by the Charity CThnmissKffl uThJer 1)n 14q51 (b) (rfthe 2011 A ycwr cbariW5 w in¢>yne exceed&Y £250,¢JXI Y exar#nw rThJst be a memter of a Ik%ted tx)ty. I can 0mi that l am qlIfied to undertake the examin.( be¢Jse l am a ML of knsbtuts of Chwtwed hmxjntants in England Wa4 i% LTh clth& lithl I have cOMpted my examitiC. l LyrM trot rnloYs to my tattb)n Conr wilh the ÈX8min8tion giving me cxuse tr> bdtèft". the a(xx)unts do not X)rd th¢x recxyds." the a¢>JJunts not c£¥nply wlh the re¥wemerts ol Sethon 396 of th8 21 Act olh8r 8ny uiremert that the accounts gv• a In aTh1 f8w is not 8 mats con5i¢Jw&J as part ol an Idependentex3min"cMi ( Recornmended Practi for acc"r•j re¥ by cwiti"es {8ppli(aAe tt) tharitips PparIng Ih8ir )unls kn acccwdm V+ith the F¥IBl st asFIiL UK Republic of IrrJ IFRS 102}1. N81 Stève ACA TC Brcmhead miled Harscombe House 10arklake View Ptymoulh PL6 7TL
oratln an In¢LMne and Ex orTh• Perlod 1 drfure Aecou rk>d 1.4.24 Yew Erwjed 31.3.24 Total 31A25 ld$ NCOME AKI EPKIOMIENTS FRO t)onations and Ia&S 130.131 234121 149,OLIJ InvesbnÈnt ir¢£ffie 24.539 Total 141.544 1M131 271.675 173.539 Raising funds 35 3,482 Charltabh athlues Grants aTrJ Funding Local SuppKJrt 11.533 54431 74114 16,578 104,25S 161847 Total 127 251.048 1245 Net 98irts investrnwts 21,5CKJ hET INCOME 1&043 70,744 RECONCIL14TIOI4 OF FUNDS Totsl ndS brought foThvard 317,1 61,699 3Th881 31)&137 TOTAL FUNDS CARRIED FCRWARD 399.510 378,881 P9
Chllthn 31A.25 31.3.24 FIXED ASSETS Twoible a88ets 1reStrnent prop 12 18&6(Kl 186.500 1845(Kl 186.588 CURRWASSETS 08btors Cssh at bk 13 1.617 2.207 197.735 217.910 199.942 CREDITORS Amowts fal&rvJ due wthni (Mpyear 14 (T,6491 NET CURRENT ASSETS 213mO 192,293 TOTAL ASSEfs L&8S CURREiif LIABIUTES 395A10 37A881 NAssEr8 399J10 378,881 FUNDS Unrestnctèj fvtnds Restrict8d fiJtKIs 16 334225 317.182 61.899 TOTAL FIJIDS 399.510 378.881 The tharitae company is to eXemKAK 477 oftt Companies Acl 2( kjr ended 31 August2025. The trustee5 acknovA&Jge theAr respcnstA"kn (Dr lal ensuTing tw fr chait)]g rxYnFqny keeF6 ac01.j rwxxds that r)ThY 1th 366 aThJ 387 of the ComleS Arl 2{ and eparing finanua Statern vthK giwe a true aThJ lair ¥1 of slate of ofthe charit9 comp8ny 88 at etKI of fwTrial year aTrJ of its Wus tr (kfiiit ts eackn [mar1 yw in 8ctt)rdance wih the r8quirÈmerts of Secbrs 394 and 395 arKJ o)mFty th8 rul[ner ofthe Companw A 200S relaing to f•)al strngtts. so far85 tolhe company. Ibl SuectIO the smdl The nnal Statne re 8rvrovÈd by 1he Bcwd of Tw5tges and ajhorisl tr Issue II... M4y..10........ were on rts t¢**r ty. L D SelLKe- TE P¥10
For ri12024 to 31 A LBt 2025 AccoiNnNE POUCIES The ffian1 staterTMts of the thlale comFfjry, a pJblK benefft entity FRS 102. have be8n prepared in aGxrdm vith the Charibes SORP IFRS 11Y2) ond ReFrtlj by Chafbes". st8tern crf RecommeTrJed Ptice applicab to ww.ng in ardara th8 FinanrAal Rewwb"ng Stsndard appli) in Ihe UK arKI Rewtkn of Irekny IFRS 11y2) (erreciwe 1 January 2D191', Financial Repoiting Standard I2 'The FrwKial ReFNkng Slandard apFlICab in 1he UK and Rewblic of hdand arKI the mothfi8d by the revalu"(x) ol(rt"n 8S%È In¢<Mn• l incorne is recc¢Jnis&J n the Slatrnrt of the Lartr erIden to the fiJnd4 it 1$ wobabb ltrpt ts IWK¥tng VAI bg ar¥J ts aTrtran be rneasurea rdiabty. Expendithre abil¢5 are rec(yJnwl as ffAFeTrthbJre as as Ire is a I or consknJcbv8 (A)]igation (x)mmrtbru the to that expenditure, r( is wobth th a trtsfer ol eAa)rmXn [ffis VAI be required in setdement and the amount of the ot4Wn can l rneasurl is aco)unted fc¥ on accruas basis an has been das8ifiwJ urKlw h11rV45 It al (05t rdJ to the categw. Vlhere wsts wnot i (knt8 a tharge(l in the yew kn the offer is m excw whwe the offer is o)TrJilonal, such m br0 re¢cl as expwKlrfurè whÈn %xmthbons attathiJ are fijlfilled. Gran c4fered to CAThlitions bÈÈn the year end are noted as a but Donatsd Servlces and facllllles Thè d)arity is dcxtstÈd office 9)e£ Pa and Ind[ in the accounts at the true ¥ae for the desk space ttw use. ydatK¥thip is (ryyrwj and a Wthy rejationship will ttJnti)ue for Tanglblo fflx•d a8•ats t11 gsbmatwj twfijl lrfe. IrNestrnerts are slaknj at mathet vahje at the bkn sh8el date. The Ststemeth of FirHncial P£lwiUes Indu(ks the net gains and losses aris1 on (fj5tThas year. IrNestrnent is at faw Yaue. W a)yegat6 defiLit aisirpJ from in fw'r vdue 18 Fund accourknng oflhe general obrnves ofthe and not de5tgnateJ forother puws. Restri¢teil funds are fw¥Js Ythicti are to te in th thè S)C re5triLiThs wnposed by donors or whith have been rai5&1 by ts c(Mnp3rty . The o)5ts of rdigng and thinisteTing wch nds are charged nst the fwKt Tr awn use ofeth restri¢Xed finl is sÈt ert in the note5 to the PenBlon COBts arxl other IMxt.r•tlrnment b•nalMs The charit)le cijwates a p8rtsl(x) $dTh& Ccrtributicns payaNe lo the cbe comrwls pengon s(tsmè aè dity to ttE Statemerrt of FirArKial &th"e5 in wc&l to relatè. Pag&11 crffitinued...
Chiklrtn ForThe Perknd 1 A to31Au AccOuNfi POLICIES. c01thd 11 15 imWath" to esknate fair value wls to vokwne of tiems abs•8 of detailed slcd cordrol systems or Thweth all donat&J #)S for resabe ae not rgx>grM5ed on r1p1 but th& vduè is vkEn ts ¢SJnthl J$ we scthl as ir. In Ihe evwrt offv wnpany tHng w¢xTrJ lilty ofthè guaontse limrted to £1 per mwnber of the ¢y)mpany. DONATIOhE AND LEGAaES Peiiod 1A24 Yèar Endèj 31.3.24 31.&25 Don8t)r6 Gifta Legades Grarts 171.197 1,112 6.500 53.762 1550 14Q491 1,80CI 235.121 149.0(KJ INVESTAIENT IPLOIIE 1.4.24 Year Ended 31.3.24 31A25 Rents wi InsuranTr recved Depost ac£ountinterest 22,875 24.539 41s1P FUNDS 1A.24 to 31.8.25 Ye8r Ended 31.3.24 Ratss Insuran Propety repairs 17J40 21235 3.482 P*Je 12 (tA)b"nued...
FOrT Perlod f A 12024to31A 2025 GRANTS PAYABLE Perioj 1A24 Yg8r Ended 31.3.24 31A.25 Grts Fmjing 191 16,578 NET INcofiJEIIEXPENCITUI Net ino)meJlexFendibJrel is state4J IA24 Year EThJed 31.3.24 31.8.25 133 INDEPENDENT EXAIAINATION SERVICES Pefic IA24 Yw EThJed 31.3.24 31.8.25 lThleFerknl examinth fees 1.476 TRUSTEES. REMUIERATK)N AKJ BEPEFITS ended 31 March 2(Y24. èrè were tru5tee< exFwtses pwj 31 2025 for the year ended 31 224. STAFF COSTS 1.4.24 Yw Ended 31.3.24 31.8.25 Wage8 and s*anes SocA'al seaffty costs 95.911 19.014 51,456 12,307 1,500 117,408 65,263 1.424 Year Endwj 31.3.24 31A25 Management 13 0)rtIn...
ForT STAFF COSTS.contlnued No employees recEd in excess £60.(). (2024" 10. CoARATIVEs FOR THE STATEIIENf(F FINAKIALACTWt To AND EPrnEp¥fs FROM Donations arKI legacies 98,010 149,(t 24,539 24,539 Totsl 75,529 9&010 173,539 EXP84DtruRE ON Fiaisin9 fldS 3.4W2 CtrArllablè acdvltlas Grants antt FundiThJ 16,383 8&2 16,578 104.255 19.019 Total 21676 101.619 124.295 Net gain5 on inveslme 21.X 21,500 NET INCOMEIIEXPENDMJRE) 74.3S3 70,744 I8) Nèt rn(Jvement lftfuMI& 75.321 (4,577) 70,744 RECONCILIATION OF F1Tr4DS Tota thd5 ght foTryard 241,1 276 308.137 TOTAL FUNI)S CARRIED FORYIARD 317,182 61.899 378.881 11. TANGBLE FIXED ASSETS Cllputer ewipThnt COST At 1 April 2024 avxl 31 At25 DEPRECIATIOM At 1 April 2024 ch foryear 310 At 31 August 225 398 NET BOOK VALUE At 31 August 225 At 31 Mareh 2 Pa3e 14 "nued...
Chlldyen in ForThe Persod 1 A ri12024 to 31 A 12. INVEsThIEtr PROPERff FAIR VALiE At 1 April 224 and 31 August 2025 1W500 BOOKVALUE At 31 Auw 2025 1•500 At 31 March 224 186.500 The investment WOFerts Mere to I 2019. The pr(wtie5 valj at £165.(0 on 2 December 2019 ty an ¥. The Trus*es believe tr£ ojrrent fair valu8 of Fryerties is £186.5W. Fairvalue at31 Augu 2025 is ty. Va10n in 2024 188.500 13. 31.8.25 31.3.24 Other debtors Prepayrnents 1.617 2,207 CREDITORS: AIKiINTS FALUPK LXE (WEYEAR 31A25 31.3.24 Othw ue4Jitors 5,687 7,849 15. ANALYSIS OF ASSEfs BEIIYEEN BJIKIS 31A.25 31.3.24 fijnds funds Fixed assèts Inv8strnents Current assets Current liat4Jths 186.61KI 152.668 {1943) 18&5110 217.910 186,5(K) 199,942 (7.6491 38910 378,881 P15
F Thg Perlod 1 A ri12024to 31 A ust2025 1& IOVEMENT IN FiTh4DS mLwement in lurnJ5 tt1.424 318.25 Unra8trlet8d fwKI• General fw 317.182 14043 334225 Restri¢t¢d fvnds Youth Hardship Fund VCS Traring FuThl 13.091 3A95 45,013 (10.41KI) {150) 11136 2,691 4445 149 61.699 64285 TOTAL FUTrI)S 399.510 Net movement in fiJn ilU1 nthè *e as kkn&" in fijnds Unrestrlctod fwKI• General turky 141 1121501) 18,043 Restrlctad fvnds Yiwth Hardship Fund Ernpbyment FLw¥J VCS Traning FuThJ (lo.4() (4073) 1150) (94.922) (10.4001 21073 11501 11136 1J158 13Q131 1127.545) 2.S86 TOTAL FUNr)s 271175 1251,046) 20,629 Transfws 1.4.f3
i fuThJs
31.3.24 General fvnd 241.1 74.353 317.182 PCC Comrwwnity G[anteme Ywth H8rd&hip Fund VCS TrainiThJ FuTrJ Ptqgcts ia588} 16.291 (3.2001 13,091 3,595 45,J13 1409) 1,620 276 I3.) 19681 61,899 TOTAL FUTr .137 70,744 378,881 16 nl•)ued.,.
CN ForThe.P8rfod l Aprll 2024to 3q Au 16. MOVEME+if IN FUIWS. ¢¢)TrtINd Ir¢cThro Rer¢ Gws ar¥J Movement in ffijnds GEral fufKI 75.529 122.676} 21.5(Kl 74.3 Resthcted funds Youth Hardship Fwd Ernployment Fj Projects 13.2WI 114,5851 183,8341 13,2001 14. 83,425 14091 98.010 1101.619} {3,9> TOTAL FUTr&)S 173,S39 11242951 21.9X) 70,744 Youlh HardshSp Furjd Ernployiit FuThl FuTrYs recaved to h co¥erthe ¢xtsts ofai¥ivJ a fullwne athiKstrkn. VCS Traknlng Fund FuThY8 to help WJFPJt PtyrrKMJh Ilttary a)Mmty and wovle traning to slaff. vonI98r8 and trustees. Proiecls tr olhers are to dert0 eraK thkl in Plymth 17. DuriTrJ the year there V4Ere srants lo an (MLsb( of a Truslee ts a C•10r. totalled DuriTrJ the year ended 31 Marth 2tr24 Ihw• Ère {knalK from Trustees totaLd £550. Thue were also grants aWArded to an olth a Tn is a th.1, Ihe8e ttstJd £4,950. 18. THE COWILWITY FOiA4DATION Prombng Chiktren in W {kKmth PtyrThxth FwKtstK¥)I rdsed rTh)ns in Ptym(xJth to be matched by the Govurment Grassmots Sta[. The total rnOn rased in Ptym¢)ukn Vds 8pproximately £6{K),(O. Th& mafftytty of fwxts raised mh funthd urthr Go¥nent Scheme to ¢Je a £1.2 gr0ent SC ter01 P now 8iX: 1. Ptyrnouth Dre Flatic (PDF) F. RW M8A 2. PDF Plymouth University Fu1 3. PDF Mi11flts Trust FurKJ 4. PDF Royal Bribsh Le91 F 5. PDF Trinty House FurKI 6. PDF Southwestwater F> Al six fuKts rfft thr uitena ts arrt gHwvJ. PrmNJ Chiken in Ptyr[th Ifom*rfy Plymouu) Drake Foundation) retain a r(d• in ¢Jeuckng vknwe rrKxw 15 in Ptymouth and makiNJ SLJre TrAf abide to don(¢s restr1d. Page 17 ontinued...
ForThe Pertod 1 A "12024 to XJ25 18. Iministrabve dubes of ffj ¥ptiOr& Prt Chfren in Ptymwih IfoTmedy PfyUth Drak& Foundab"onl rneet after lknn Ccrfnmwty have Tea Ihe aptyicalk)ns in to detemiine which grants shcyjld be dlocated from our fimds. fvnd ¢•d (2nnot be Spent by either Devon Community F¢)wMkn ( Clikkn Ifrjmith Plym(¥Jth Dre Foundthn). Forthe wod end&1 31 Ausw2025, £31,1 was iIEsefivKts. P18