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2025-08-31-accounts

GET SET GIRLS 4J &¢t Set &irls ANNUAL REPORT AND ACCOUNTS 2024-2025 gsg@londonsem.org.uk www.gsglondon.org.uk

TRUSTEES, STATEMENT The past year has marked another significant chapter in the journey of Get Set Girls. Since our establishment, we have supported hundreds of young women, primarily from low-income and disadvantaged backgrounds. In 2025, we continued to expand our reach and deepen ourimpactacross Hackney and Haringey delivering tailored vocational, educational, and developmental programmes for young women aged 16-19, including those facing economic hardship, emotional challenges, and social exclusion. Our work remains rooted in the belief that every young person deserves access to safe spaces, opportunities, and support to thrive. Through our dedicated staff, volunteers, and supporters, we continue to provide not only activities, but pathways toward confidence, wellbeing, and future success. MISSION Get Set Girls is dedicated to providing culturally sensitive recreational, educational, and vocational opportunities for young women- particularly those from disadvantaged backgrounds. We aim to enhance wellbeing, build skills, and improve life outcomes through structured programmes and community support. VISION We envision a future where every young woman-regardless of background, ability, or circumstance-has equal access to opportu nities that foster g rowth, resilience, and aspiration. We strive to empower young individuals to become confident, capable, and active members of society.

KEY ACHIEVEMENTS 2025 Get Set Girls (Charity No. 1085966) continues to play a vital role in supporting vulnerable young women across Hackney and Haringey. Our services focus on inclusion, education, financial capability, and wellbeing, particularly for: Young women from low-income and socially excluded communities Teens facing mental health challenges and isolation Individuals seeking specialized vocational entry routes Progress Against Strategic Goals Continue Basement Project Sport & Wellbeing Focus Goal: Complete construction lo provide a suitable space for community activities and expand programmes. Achievement: Capital fundraising continued actively. We achieved an excellent head start on the interiors, completing foundational thertnal insulation and primary electrical wiring ahead of Internal decoration. Goal: Enhance physical and sports activities to positively impact physical, social, and tnental wellbeing. Achievement: Expanded sport sessions and sustained the "Walking is Wonderful" initiative (running from 2023 through 20261 to reduce isolation and embed active lifestyle habits. Budgeting & Financial Stability Computer Suite Upgrade Goal: Equip beneficiaries with vital budgeting skills to establish a foLJndation for sustainable financial practices. Achievement: Delivered thorough training and practical resources, empowering young women to manage economic situations with assurance and resilience. Goal: Transform the computer suite into a dynamic, modern learning environment to inspire training and education. Achievement: Began hardware assets upgrade and digital training facilities update, empowering beneficiaries with essential IT skills to improve employment prospects.

I CORE WEEKLY PROJECT PROVISION Education & Training: Level 3 Teachers Training and accredited career preparation courses. Disabled Weekend Initiatives: Inclusive accessible weekend social programs providing vital community respite. Embroidery & Smocking: Design workshops teaching traditional embroidery and smocking techniques to foster precision and artisan skills. DO0 Career Mentoring: Tailored CV assistance, interview guidance, and workplace communication skills Mental Health & Counselling: Confidential therapeutic support and resilience workshops led by licensed therapists. Computers & IT: Digital literacy training supported by our ongoing computer suite modernization, which continues into 2025- 2026. Soup Kitchen ("Food for Fuel"): Hot nutrition support shielding low-income youth f rom cost-of-living inf lation. Art Project Mental Health Project .- J 111

I TRUSTEES, RESPONSIBILITIES & PUBLIC BENEFIT The trustees ensure that Get Set Girls: Acts with Integrity.. Maintains complete transparency and accountability in governance. Maximises Impact: Uses performance-related grants efficiently to deliver high social value. Prioritises Inclusion: Keeps safety and cultural sensitivity at the core of all activities. Ensures Compliance: Meets all statutory, legal, and financial reporting requirements. Drives Innovation: Evaluates and adapts programmes to meet the evolving needs of our youth. Public Benefit Get Set Girls delivers meaningful public benefit by providing accessible, inclusive opportunities to young women who face barriers to participation. Our programmes: Break cycles of isolation by removing financial, social, and cultural barriers. Provide accredited education, IT skills, and ment21 health pathways. Empower future leaders with the financial capability and confidence to thrive as independent adults.

I PROJECT UPDATES Vocational & IT Suite Budgeting & Financial Literacy Equipping young women with essential money management tools. Mental Health & Counselling Conf idential therapeutic support delivered by licensed counselors. Structured training in our upgraded digital environment. Provided advanced Level 3 Teachers Training and career paths. Delivered practical Accounting and CV tailoring sessions. Interactive workshops focusing on household balancing and savings. Built immediate economic resilience against local cost-of- living pressures. Group resilience workshops addressing isolation and trauma. Created a stigma- f ree environment to prioritize emotional wellbeing. Sport &"Walking Is Wonderful" Team sports and f itness sessions promoting lifelong health. Sou Kitchen & utrition Continuous "Food for Fuel" provision serving hot, balanced lunches. Dedicated, fully accessible weekend programs for young women. Sustained weekly walking projects spanning 2023 through 2026. Combined physical movement with clear mental spaces. Protected low- income youth from immediate food insecurity. Stabilized daily energy and academic concentration levels. Provided specialized recreation and tailored peer social spaces. Delivered vital community respite care for local families.

onfidence & Leadership: Significant increase elf-esteem, personal autonomy, and communication kills among participants. Peer Support Networks: Improved social interaction and strong, supportive relationships built in a safe environment. ommunity Validation: Overwhelmingly positiv edback from families, mentors, local schools, an 2500+ I IMPACT ASSESSMENT supported since our inception, overcoming social, economic, and cultural barriers. Educational & Professional Growth X Accredited Success.. H igher career read iness through specialized streams like our Level 3 Teachers Training. Digital Literacy= Expanded employment prospects through IT workspace training, supported by our ongoing computer suite upgrade FINANCIAL CAPABILITY Resilient Budgeting.. Equipped low-income youth with practical tools to establish long-term sustainable financial habits. Physical & Mental Wellbeing Active Lifestyles.. Increased physical activity and lifetime f itness habits through sports and the"Walking is Wonderf ul" initiative. Cost-of- Living Protection.. Targeted resource adjustments and lunch provisions directly reduced local economic pressures. Emotional Resilience.. Confidential therapeutic counseling provided vital mental health coping strategies and lowered barriers to support. Strong Delivery & Participation Acros SOCIAL INCLUSION Core Vocational Accreditations IAAT, Teaching, IT) Mental Health & Counseling Workshops Physical Health, Nutrition, and Community Walking Schemes Specialized Disabled Weekend & Respite Programs Ded icated Respite: Seamless inclusion of vulnera ble individuals and young women with unique needs through our Weekend Initiatives. Breaking Isolation.. Culturally sensitive spaces successfully reduced structural isolation for marginalized BME youth.

I ACKNOWLEDGEMENTS & LOOKING AHEAD We extend our deepest gratitude to: Our Educational Partners: New City College and Capital City College Group, whose collaborations enable us to deliver vital accredited courses. Our Funding Partners: The institutional trusts, charitable foundations, and community philanthropists whose vital financial investments power our delivery. Our Supporters: Local organizations, community partners, and individual donors. STRATEGIC PRIORITIES FOR 2025-2026 Continuing Our Computer Suite Upgrade.. Deploying designated resources to purchase new computers and further upgrade workstations, securing high-quality IT training. Expanding Mental Health & Care Pathways: Scaling localized therapeutic counseling, mental health sessions, and specialized care packages to build emotional resilience. Promoting Physical Fitness & Community Connection: Driving active sports programs and expanding our physical health streams through walking 2nd cycling initiatives. Strengthening Budgeting & Financial Literacy: Running thorough budgeting courses to equip young women with practical economic independence tools.

Charity registration number 1085966 (England and Wales)

GET SET GIRLS

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

GET SET GIRLS

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr A Schechter
Rabbi B Dunner
Mrs L Orzel
Charity number 1085966
Principal address 196 - 198 Lordship Road
London
N16 5ES
Independent examiner J Silver FCCA
Precision Ltd
32 Castlewood Road
N16 6DW

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CONTENTS

Page
Trustees' report 1 - 2
Independent examiner's report 3
Statement of financial activities 4 - 5
Balance sheet 6
Statement of cash flows 7
Notes to the financial statements 8 - 19

GET SET GIRLS

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 AUGUST 2025

The trustees present their annual report and financial statements for the year ended 31 August 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".

Objectives and activities

The charity's objects are to provide disadvantaged girls and young women with training for employment, social skills and personal growth with a view to making them self-sufficient.

There is an ongoing development plan for the beneficiaries to achieve:

Strategies for achieving aims and objectives

This is achieved by programmes that incorporate social activities, team building initiatives, trips, voluntary programmes, lectures and workshops, alongside vocational courses leading to qualifications.

Public benefit

The Trustees confirm their compliance with the duty to have due regard to the Public Benefit guidance published by the Charity Commission when reviewing the Charity's aims and objectives and in planning future activities.

Achievements and performance

Significant activities and achievements against objectives

The trustees are satisfied with both the financial results and the facilities provided during the year.

Fundraising performance

Get Set Girls receives grants from a range of generous funders, for which we are very grateful. The charity was successful in raising a total of £192,992.

The charity would also like to thank The Garfield Weston Foundation for its grant towards the charity’s refurbishment works.

Financial review

In the year under review the charity generated income of £870,618 (2024: £763,641) and incurred expenses of £824,853 (2024: £746,986) resulting in net incoming resources of £45,765.

The financial position of the charity is satisfactory. The charity's statement of financial activities shows total reserves of £123,123 of which £24,961 are free reserves as at the 31 August 2025.

Reserves policy

Programs are planned and rolled out in line with available funds. The trustees have no commitment to program expenditure, other than for current staff salaries. While there is no formal three-month notice requirement, the trustees policy is to endeavour to retain free reserves equal to at least three months staff costs, and the trustees are satisfied that free reserves at the year end were in accordance with this policy.

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TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Major risks

The trustees have identified and reviewed the major risks to which the charity is exposed. Both manual and automated checks are regularly invoked, particularly those relating to the operations and finance of the charity. The trustees are satisfied that these systems and procedures mitigate any perceived risks.

Plans for future periods

There are no current plans to change the activities or modus operandi in the foreseeable future.

Structure, governance and management

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

The trustees who served during the year and up to the date of signature of the financial statements were: Mr A Schechter

Rabbi B Dunner Mrs L Orzel

Recruitment and appointment of trustees

It is not the intention of the trustees to appoint any new trustees. Should the situation change in the future, the trustees will apply suitable recruitment, induction and training procedures.

Organisational structure

The charity trustees meet regularly, and they are assisted by a team of support staff.

The trustees' report was approved by the Board of Trustees.

..............................

Rabbi B Dunner

Trustee

Date: .............................................

GET SET GIRLS

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GET SET GIRLS

I report to the trustees on my examination of the financial statements of Get Set Girls (the charity) for the year ended 31 August 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.

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

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

J Silver FCCA Independent Examiner Precision Ltd 32 Castlewood Road London N16 6DW Date: ............................

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STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2025

Unrestricted Endowment
Restricted
funds
funds
funds
Designated
2025
2025
2025
Notes
£
£
£
Income from:
Donations and legacies
3
95,544
-
-
Charitable activities
College Partnership grants
4
-
-
677,045
Career Preparation and Training
4
-
-
12,000
Extra Curricular Activities
4
-
-
11,363
Welfare
4
-
-
49,763
Premises and IT Improvements
4
-
-
24,443
Investments
5
460
-
-
Total income
96,004
-
774,614
Expenditure on:
Raising funds
6
1,052
-
-		 Total
Unrestricted Endowment
Restricted
funds
funds
funds
Designated
2025
2024
2024
2024
£
£
£
£
95,544
61,560
-
-
677,045
-
-
655,108
12,000
-
-
46,706
11,363
-
-
-
49,763
-
-
-
24,443
-
-
-
460
267
-
-
870,618
61,827
-
701,814
1,052
4,637
-
-		 Total
2024
£
61,560
-
655,108
46,706
-
-
-
267
763,641
4,637

GET SET GIRLS

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2025

Unrestricted Endowment
Restricted
funds
funds
funds
Designated
2025
2025
2025
Notes
£
£
£
Charitable activities
College Partnership
7
26,574
-
688,839
Career Preparation and Training
7
22,763
-
9,153
Extra Curricular Activities
7
18,955
-
10,810
Welfare
7
7,691
-
39,016
Total charitable expenditure
75,983
-
747,818
Total expenditure
77,035
-
747,818
Net income
18,969
-
26,796
Transfers between funds
13
5,748
-
(5,748)
Net movement in funds
9
24,717
-
21,048
Reconciliation of funds:
Fund balances at 1 September 2024
29,616
32,350
15,392
Fund balances at 31 August 2025
54,333
32,350
36,440		 Total
Unrestricted Endowment
Restricted
funds
funds
funds
Designated
2025
2024
2024
2024
£
£
£
£
715,413
17,298
-
643,767
31,916
12,344
-
23,230
29,765
23,126
-
1,500
46,707
4,806
-
16,278
823,801
57,574
-
684,775
824,853
62,211
-
684,775
45,765
(384)
-
17,039
-
10,000
-
(10,000)
45,765
9,616
-
7,039
77,358
20,000
32,350
8,353
123,123
29,616
32,350
15,392		 Total
2024
£
661,065
35,574
24,626
21,084
742,349
746,986
16,655
-
16,655
60,703
77,358

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

GET SET GIRLS

BALANCE SHEET

AS AT 31 AUGUST 2025

Notes
Fixed assets
Tangible assets
14
Current assets
Debtors
15
Cash at bank and in hand
Creditors: amounts falling due within
one year
17
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after
more than one year
18
Net assets
The funds of the charity
Endowment funds - Designated
20
Restricted income funds
19
Unrestricted funds
21		 2025
£
78,282
127,273
205,555
(92,987)		 £
29,372
112,568
141,940
(18,817)
123,123
32,350
36,440
54,333
123,123		 2024
£
155,620
7,906
163,526
(98,397)		 £
33,998
65,129
99,127
(21,769)
77,358
32,350
15,392
29,616
77,358

The financial statements were approved by the trustees on .........................

..............................

Rabbi B Dunner Trustee

GET SET GIRLS

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025

Notes
Cash flows from operating activities
Cash generated from operations
24
Investing activities
Purchase of tangible fixed assets
Investment income received
Net cash used in investing activities
Financing activities
Repayment of bank loans
Net cash used in financing activities
Net increase/(decrease) in cash and cash
equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2025
£
(5,748)
460
(4,352)		 £
129,007
(5,288)
(4,352)
119,367
7,906
127,273		 2024
£
(13,550)
267
(5,764)		 £
8,124
(13,283)
(5,764)
(10,923)
18,829
7,906

GET SET GIRLS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

Charity information

Get Set Girls is a public benefit entity registered in England and Wales.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

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

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

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity will continue for the foreseeable future based upon the continued financial support from the community. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

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

Designated funds are unrestricted funds that the trustees have designated for specific projects.

Restricted funds are subject to specific conditions by donors as to how they may be used. Further explanation of the nature and purpose of each fund can be obtained upon request.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

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

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

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

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

1 Accounting policies

(Continued)

1.5 Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

1.6 Tangible fixed assets

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

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

Leasehold improvements Straight line method Fixtures and fittings 20% Reducing Balance Method

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

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

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

1.9 Financial instruments

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

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

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

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

1 Accounting policies

(Continued)

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10 Taxation

The charity is exempt from tax on its charitable activities.

1.11 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

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

2 Critical accounting estimates and judgements

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

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

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

3 Income from donations and legacies
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Donations and gifts 71,318 47,071
Grants 24,226 14,489
95,544 61,560
4 Income from charitable activities
Restricted Restricted
funds funds
2025 2024
£ £
College Partnership grants
Services provided under contract 677,045 655,108
Career Preparation and Training
Performance related grants 12,000 46,706
Extra Curricular Activities
Performance related grants 11,363 -
Welfare
Performance related grants 49,763 -
Premises and IT Improvements
Performance related grants 24,443 -
774,614 701,814
5 Income from investments
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Interest receivable 460 267

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

6 Expenditure on raising funds

Unrestricted Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fundraising and publicity
Resources 1,052 4,637
Expenditure on charitable activities
College
Career		 Extra Welfare Total
Partnership Preparation Curricular
and Training Activities
2025 2025 2025 2025 2025
£ £ £ £ £
Direct costs
Staff costs 65,466 2,872 2,788 3,183 74,309
Depreciation and impairment 10,374 - - - 10,374
Courses 593,005 21,202 - 29,825 644,032
Projects 1,466 3,158 22,494 9,191 36,309
670,311 27,232 25,282 42,199 765,024
Share of support and governance costs (see note 8)
Support 41,091 4,684 4,483 4,508 54,766
Governance 4,011 - - - 4,011
715,413 31,916 29,765 46,707 823,801
Analysis by fund
Unrestricted funds 26,574 22,763 18,955 7,691 75,983
Restricted funds 688,839 9,153 10,810 39,016 747,818
715,413 31,916 29,765 46,707 823,801

7 Expenditure on charitable activities

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

Expenditure on charitable activities
Previous year:
College
Partnership
Career
Preparation
and Training
Extra
Curricular
Activities
2024
2024
2024
£
£
£
Direct costs
Staff costs
44,791
11,150
3,256
Depreciation and impairment
10,362
-
-
Courses
563,921
8,156
-
Projects
-
14,880
19,982
619,074
34,186
23,238
Share of support and governance costs (see note 8)
Support
37,137
1,388
1,388
Governance
4,854
-
-
661,065
35,574
24,626
Analysis by fund
Unrestricted funds
17,298
12,344
23,126
Restricted funds
643,767
23,230
1,500
661,065
35,574
24,626		 (Continued)
Welfare
Total
2024
2024
£
£
1,618
60,815
-
10,362
-
572,077
18,078
52,940
19,696
696,194
1,388
41,301
-
4,854
21,084
742,349
4,806
57,574
16,278
684,775
21,084
742,349		 (Continued)
Welfare
Total
2024
2024
£
£
1,618
60,815
-
10,362
-
572,077
18,078
52,940
19,696
696,194
1,388
41,301
-
4,854
21,084
742,349
4,806
57,574
16,278
684,775
21,084
742,349
696,194
41,301
4,854
742,349
57,574
684,775
742,349

7 Expenditure on charitable activities

8 Support costs allocated to activities

Support costs allocated to activities
Staff costs
Office costs
Rent & rates
Fundraising Costs
Governance costs
Analysed between:
Fundraising
College Partnership
Career Preparation and Training
Extra Curricular Activities
Welfare		 2025
£
4,320
10,446
40,000
1,052
4,011
59,829
1,052
45,102
4,684
4,483
4,508
59,829		 2024
£
-
5,938
40,000
-
4,854
50,792
4,637
41,991
1,388
1,388
1,388
50,792

GET SET GIRLS

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

9 Net movement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial
statements 2,040 2,040
Depreciation of owned tangible fixed assets 10,374 10,362

10 Trustees

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

11 Employees

The average monthly number of employees during the year was:

2025 2024
Number Number
12 10
Employment costs 2025 2024
£ £
Wages and salaries 78,629 60,815

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

12 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

13 Transfers

Transfers from restricted funds relate to expenditure that has been capitalised as fixed assets. The transfer reflects the reallocation of the associated amounts from restricted funds following capitalisation.

GET SET GIRLS

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

14
Tangible fixed assets
Leasehold
land and
buildings
Leasehold
improvements
Fixtures and
fittings
£
£
£
Cost
At 1 September 2024
-
34,900
95,177
Additions
-
5,748
-
At 31 August 2025
-
40,648
95,177
Depreciation and impairment
At 1 September 2024
13,450
-
82,629
Depreciation charged in the year
7,864
-
2,510
At 31 August 2025
21,314
-
85,139
Carrying amount
At 31 August 2025
(21,314)
40,648
10,038
At 31 August 2024
(13,450)
34,900
12,548
15
Debtors
2025
Amounts falling due within one year:
£
Other debtors
78,282
16
Loans and overdrafts
2025
£
Bank loans
23,217
Payable within one year
4,400
Payable after one year
18,817		 Total
£
130,077
5,748
135,825
96,079
10,374
106,453
29,372
33,998
2024
£
155,620
2024
£
27,569
5,800
21,769

The above long-term loan is guaranteed by the government under the Bounce back loan scheme.

The loan accrues interest at 2.5% p.a.

GET SET GIRLS

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

17 Creditors: amounts falling due within one year

17
Creditors: amounts falling due within one year
Notes
Bank loans
16
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
18
Creditors: amounts falling due after more than one year
Notes
Bank loans
16		 2025
£
4,400
(74)
13,827
73,634
1,200
92,987
2025
£
18,817		 2024
£
5,800
-
55,218
36,031
1,348
98,397
2024
£
21,769

19 Restricted funds

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

At 1 Incoming Resources Transfers At 31 August
September resources expended 2025
2024
£ £ £ £ £
15,392 774,614 (747,818) (5,748) 36,440
Previous year: At 1 Incoming Resources Transfers At 31 August
September resources expended 2024
2023
£ £ £ £ £
8,353 701,814 (684,775) (10,000) 15,392

GET SET GIRLS

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

20 Endowment funds - Designated

These are endowment funds funds which are material to the charity's activities.

At 1 At 31 August At 31 August
September 2025
2024
£ £
32,350 32,350
Previous year: At 1 At 31 August
September 2024
2023
£ £
32,350 32,350

21 Unrestricted funds

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

At 1 Incoming Resources Transfers At 31 August Transfers At 31 August
September resources expended 2025
2024
£ £ £ £ £
General funds 29,616 96,004 (77,035) 5,748 54,333
Previous year: At 1 Incoming Resources Transfers At 31 August
September resources expended 2024
2023
£ £ £ £ £
General funds 20,000 61,827 (62,211) 10,000 29,616

GET SET GIRLS

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

22 Analysis of net assets between funds

Unrestricted
Endowment
Restricted
funds
funds
funds
Designated
2025
2025
2025
£
£
£
At 31 August 2025:
Tangible assets
29,372
-
-
Current assets/(liabilities)
43,778
32,350
36,440
Long term liabilities
(18,817)
-
-
54,333
32,350
36,440
Unrestricted
Endowment
Restricted
funds
funds
funds
Designated
2024
2024
2024
£
£
£
At 31 August 2024:
Tangible assets
33,998
-
-
Current assets/(liabilities)
17,387
32,350
15,392
Long term liabilities
(21,769)
-
-
29,616
32,350
15,392		 Total
2025
£
29,372
112,568
(18,817)
123,123
Total
2024
£
33,998
65,129
(21,769)
77,358

23 Related party transactions

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

24 Cash generated from operations

Cash generated from operations
Surplus for the year
Adjustments for:
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
Movements in working capital:
Decrease/(increase) in debtors
(Decrease)/increase in creditors
Cash generated from operations		 2025
£
45,765
(460)
10,374
77,338
(4,010)
129,007		 2024
£
16,655
(267)
10,362
(65,799)
47,173
8,124

GET SET GIRLS

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

25 Analysis of changes in net funds/(debt)
At 1 September Cash flows At 31 August
2024 2025
£ £ £
Cash at bank and in hand 7,906 119,367 127,273
Loans falling due within one year (5,800) 1,400 (4,400)
Loans falling due after more than one year (21,769) 2,952 (18,817)
(19,663) 123,719 104,056