2025-03-31-accounts

Charlty registration number 1086183 IEngland and Wales) Company regi5tTatloft number 04089288 HALIFAX OPPORTUNITIES TRUST ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

HALIFAX OPPORTUNITIES TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees ZAAII H J Barber L Burrows R J Cravan A Hamid H L Hunter S Hussain T Malo G Rhodes J Bowers (Appointed 14 November 2024) Chalr Vice Chair Trea5urar H J Barber R J Craven L Btsmw5 Secretary A Haskins Senlor management A Haskins S Nazar A Hussaln C Parkinson M Clewlertnia A Beardsley Chief Executive Finance Lead Community Programmes Lead Childrgn and Families Lead People and Operational Execellence Lpad Commereial Lead {from 1511012024 to 1210612025) Chlef Executlve A Haskins Charity numbèr 1086183 Company numbof 04089288 Sarvic• address Elsie Whiteley Innovation Centre Hopwood Lane Halifax Wesl Yorkshire HX15ER Reglstered Offlce Hanson Lane Enterprise Cenlre Hanson Lane Hallfax Wesl Yorkshtre Unlled Kingdom HX15PG Audltor BK Plus Audlt Limil8d 52 St Johns Lane Halifax West Yorkshire England HX12BW

HALIFAX OPPORTUNITIES TRUST LEGAL AND ADMINISTRATIVE INFORMATION Bankers Unlty Twst Bank 9 Brindley place Bimingham B12HB Sollcilors Finn Gledhill 14 Ha￿lson Rood Halilax Wesl Yorkshire HX12AG Ramsdens Oakley Hou56 1 Hungerford Road Edgerton Hudde￿rield HD3 3AL

HALIFAX OPPORTUNITIES TRUST CONTENTS Pagè Truste8s' report Statemenl of Iruslees, responsibilities 22 Independent 8uditofs report 23-26 Consolidated Statement of financial activities 27 Group and Charity Balance sheet 28 Consolidaled Slalement of cash Ilows 29 Not8s lo the consolidated financial slalements 3049

HALIFAX OPPORTUNITIES TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Irostees who are also directors of the charity for Ihe purposes of the Companies Act 2006, Present the Trustees, Annual Report and Financial Statements for the year ended 31sl March 2025. The Trustees confirm that the Annual Report and Financial Slalements comply with tt)e current slalutory fequirements, the requirements ol the Company's goveming documents and the provisions of Ihe Statement of Recommended Practice ISORP) applicable lo charilies. Objèctives and aelivltles Hallfax Opportunllles Trust (HOT) has the following ob5ecls, which are registered and approved by the Charity Commission: To promote any charitable purpose lor the benefit of the inhabllanls of the metropolitan district of Calderdale in Ihe county of West Yorkshlre and surrounding areas within a radius of 30 miles from Halifax Town Hall, including but not axclusively the area known as Park Ward in the Metropolitan Borough of Caldefdale to ènsure Ihe regeneration of those areas for the public benefit of the community, by all or any of Ihe following means.. al the re11ef of poverty In such ways as may be thought fil: b) the reliel of unemployment,. ) tha advancement of education. tralning. or re-tralning, particularly arnong unemployed people and providing work experience for the unemployed.. dl the provision of financial assistance, technical assistanc8. business advice or consultancy in or(18r to provide Iraining and employment opportunities for unemployed people in cases of fjnancial or other ch8rilable need Ihrough help In settlng up their own business or to existing busin8sses', 81 the ¢realion of training and employment opportunilles by the provlsion of workspace, bulldings andl or land for use on favourable terms- Ihe provision of rgcreatlonal facilities for the public al large or those who by reason of Iheir youth, age, infirmity or dlsablement, poverty or social and economic cir¢umstances, have need of guch facllltles. g) the praleclion or conservation of Ihe environment. h) Ihe provlsion of chlldcare; i) the promotion of publlc safety and prevention of crime- and j) the provision of public health and well-bein9 aclivities., and k) such other means as may from lime to time be detemined subject lo the prior wnsenl of the Charity Commlssion. The trustees, in making decisions about plannlng and delivery of activities, have had due re9ard lo Ihe Charity CommSssioD's public benefil guidance when exefCi5ing any powers or d¢Jties to which the guidance is relevanl. The approach to public benefit is described In summary below and in more detail throughout this report. Hallfax Opportunity Trust's purpose as described in its Strategic Plan Is 'tO WOTk lo make a vibrant rnuMl<ultural and self-sustalnlng community,. In order to achieve thls, the Trusl and Its tradlng subsidlary (HOT Enterprises Ltd} carries Out the following activilies: provides office space and support for business and enterprfse development through two bu5ines5 centres. provides Opportunities for learning via a range of apprenti￿Ship$. ESOL provision, lifa skills and integration for new arrivals lo the UK. provides assistance to job seekers by working with employers and Ihrough employment support inillatives. provides childcarè and family support ihrough the Upper and Central Calderdale Family Hubs and other projects. provides support for physical and ment81 wellbeing by running social aotivilies, ne1w0￿S and community groups which encourage so¢ialization and lake up of new hobbi6s and activities, promotes communiiy and wellbeing via the Outback communty kitchen 9arden and projects aimed at encouraging active, healthy Itfeslyles. provldes community developmenl support via the outreach activities of Community Organisers The Board reviews the Charity's objecliv85 and argas of operation periodically. For the year under revlew12024-25) il is agreed that priority inlervention5 should conlinue fall inlo six main areas over the next year-

HALIFAX OPPORTUNITIES TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support enterprise, business start-up and growth Help local people into employment Support and deliver work-based leaming Support children and families Support and promote communlty and wellbeing Support inclusive inlegralion of new afrivals lo the UK The board contlnues lo explore acquisition of new property Ilo support the areas above and also lo support Ihe Trust's sustainability). This Includes buildings in which to provide decent houslng. dèliver community activity and providè space for enterprlse. The Irustees believe the strategy for achieving these objectives should continue lo be through programme and project delNery primarily using a social entefprise model. Thls is achieved on either a contracted full-Gost-recovery basis o¥ through our own commercial tradSng operations. thereby allowing the inffastruclure of Ihe Charity to be maintained whilst achieving the designated charitable obleclives. The Trust does seek grant Income lo enablè the start-up of new prolects or iniliatives, with the usual aim of ensuring these arè self-suslalnlng vla Ir8dln9 once established. SlgnlllGant activlties The Charity's main prcgrammes, projects and services are: 111 Support enterprise. business slari-up and growth This is mainly achieved through the Trust's trading subsidiary company HOT Enterprises Ltd, which run5 Hanson Lane Enterprise Centre IHLEC) and Elsie Whlteley InrK)vation Centre (EWICI. EWIC provides offlce space and meetlng rooms and HLEC provldes lighl industrial units and a smaller amouftt ol office spa¢&. The Trusl offers a 12 month grant lo start up and early trading buslnesses which subsidises their rent. The busin8ss cenlres also act as a focal point for entrepreneurs. physlcal fegeneralion and communlty cohesion In Park Ward. with a regular business ne￿orkIng event being held al EWIC. 12) Help local people into employment The Tru3t provides practical, holistic and creatlve support lo people looklng for employment. espècially those who are disadvantaged in Ihe labour market. The Trust provides this through 8 key worker rnodel which enables support to be customised around an indlvidual's needs and delivered on a one-to.one basis. An Important part of the Service is pro-active engagement with local employers to source vacancies to assist unemployed people back into work. (3) Support and deliver work-b8sed learning Halifax Opportunities Tru3t is a well*slabll$hed leaming prcNider in West Yorkshire, delivering work-based apprenticèships. We are Cufrenlly working with a range of employers inctuding primary and secondary schools and Ghlldcare providers across W8sI Yorkshiie offering qualifications in learning supporl. early years and business admlnlslratlon. Our apprenticeship provislon Is dlrectly registeretj with OFSTED and we are accredited with the Matrix stsndard. (41 Support chlldr8n and famllles HOT has developed and delivered a range of community-based services for famille5 with youn9 children In Calderdale for many years. The services are run from five neighbourhood Family Hubs and also from local community venues. The Hubs are busy and informalive venues and are well used by parenls in the community. The Hubs support families in many ways helping them impfove their heallh, parenting, employability, their educatlon, family safety and provide excellent Ghildcare at ihree nurseries. All thè nurseries have réceived Good or Outstanding inspection resulls from OFSTED. (51 Support and promote communtiy and wellbeing Health and wellbeing outcomes for residents of Park Ward and other areas where HOT operates compare badly with those of the more prosperous parts ol the borough. In responsè to this Inequality, HOT has increasingly been delivering activities which help improve social conneclions. nutrition and physical aGtivily. For instance, Ihe Trust runs a Slaying Well programme aimed at adults in the communty, especially those who are experlencing isolation and loneliness as a result of their age. mild mental ill-health or limiting medical conditions. The Outback communlty garden and kitchen helps people connect via gardening and healthy. nutritious food. Our new Calderdale Cancer Aware project is helping to raise awareness, lackle stigma and addless slow lake up of cancer screening. Flnally, we have an ambitious plan lo bring a well-loved local community centre back into use.

HALIFAX OPPORTUNITIES TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 (61 Support inclusive Integration of new affivals to the UK Calderdale has a long and proud history of welcoming new arrivals into the borough. HOT supports this by d8llv8ring ESOL courses. embedded within an inclusion approach which enables new arrivals lo learn how the UK funclions. This includes access to public servlces- history & heritage; government; culture & leisure- and social aclivitles. Public beneflt The Irusleès conflrm that they have each complied with their duty under section 4 of the Charities Acl 2006 lo have due Te9ard to the guidance on public benefit publlshed by the Charlty Commisslon when carrying out their role and duties. HOT operates In disadvantaged area5, providing mulliple economic. social 8nd environmental benèfits to Individuals in thosè areas, The trustees believe that public benefrt has been achieved through the provision of support to local businesses, Indivlduals. communlty members and families via Ihis diverse Pfogramme. This has provided multiple economi¢, social, and environmental benefits lo the individuals reached by the Charity's activittes. Details of our support are sel out in this report. Roview of Activities lor the Year Specific activities and achievements from Aprll 2024 to March 2025 for each oblective are described below, 11) Support enterprise, busines$ slart-up and growth Dufing 2024-25, the Enterprise team demonslrated resilience through a period ol senlor managernenl restructuring. While these changes broughl some short-lerm disruption to centre operations and stability. the le8m rémalned focused on maintaining core performance while key developments includ8d the following: Tenant Support and Business NeI￿OrkIng.. Our HOT Netsvorkin9 events continued lo offer free, high-quality business support, w5th sessions attracting loGal ontrepreneurs and SMES. Toplcs this year included "Uslng Innovation lo Grow" "Unlocking Apprenticeships" and 'Websile Oplimisation", contributing to peer support and local economic developmenl. A partnership with Mid-yorkshire Chamber ol Commerce has also increased attendance and reach. Digital Transformation.. In line with HOT'5 Strategic commitment to improving organis81ional Systems, a new buildlng rnanagemenl system was inlroduced across EWIC and HLEC. ThSs digital infrastructure gllows for more accurate data colleclion. such as room bookings, lenant needs and space ulilisation, The system improves internal data sharing across HOT 18ams and ensures we have timely, reliable data to support evldence-based decision-making on buildlng managernenl. environmental impact. and straleglc inveslmenl. 11 also lays the foundation for longer-term dlgital innovation wilhln thè TTUSt. Carbor) Reduction-. We progressed our sustsinability aims by redu¢in9 single-use plastics and ulilising sustainable prinkn'n9 across both centres. Tenant engagement on green practices has begun through lh• government irbilialive 'SlmpleT Recycling. and early feedback has been encouraglng. Healltt & Safety Compliance and Improvement- Recognislng the need lo strengthen our inlernal approach lo health and safety, HOT engaged an external Health and Safety company to provide expert guidan¢e, ensure compllance with relevanl regulations, and support Ihe review of existing pr0￿dUreS. Thls collaboralion has helped Identify areas for improvement, raise slaff awareness, and lay the groundwork for more robust H&S management acr05s both business centres.

HALIFAX OPPORTUNITIES TRUST TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 (2) Help local people into employment The Trust has delivered employmenl support In Park Ward for over decades. This work Is a vital part of the Trusl's purpose and a key area of delivery that creates meanlngful opportunities for local people. Our employment team op8rates in the heart of the community and has built a strong reputation for delivering tailored, holistic support that addresses not only employment needs but also the wider barriers people face in moving forward wilh their lives. Thls year, Ihe funding landscape continues to be volatile, with little movement in key government funding streams an issue affecting VCSE organisalions across the country. This uncertalnty has placed mounling pressure on the sector as a whole and has Impacted our capacity io support people. As a result, much ol Ihe year has seen our Employment Team operating with minimal slaffing, relylng on the dedication of a sing18 Employment Supporl Advisor supported by a Community Advice Worker to continue dellverlng frontline servic8s. While th15 has brought inevitable challenges. the team'5 unwavering commitment, adaplabllity, and deep local knowledge have enabled us to maintain meaningful support for our community. During this period, we were successful in 5eruring funding lor Ihe 'Make it Work. projecl, delivered through the UK Shared Prosperity Fund IUKSPF) and managed by Groundwork. Oespile intense eompelilion, we wer8 awarded the higher funding allocation r8seNed for trusted, well*stsblished organisalions-demonslraling confldence in our abillty lo deliver. This enabled us to bring in an additional stalf member for thè project's $ix-monlh delivery window, from July lo December 2024. The project was delivered successfully and exceeded expeeialions. wlth the following perfonnancé agalnsl targets: Number of p60ple engaged - 140° Into employment- 163°/0 Into tralning - 1600 Inlo job search - 1500/• Supported to overcome barriers - 112% Despite operating under slgniflcant resource conslralnts, we are proud to report slrong achievemen18 over the year as a whole., 21 individuals supported into suslainable. quality jobs 31 people progressed into accredited training or edu¢alion 173 residents engaged through our employment support actNities Thèse outcomes speak to the ongoing demand for accessible, Community￿ased, PersOn￿nIred employment support. They also hlghlighl our excellent Tepulalion for delivering strong outcomes for fundefs-demonstrating that, even in challenging conditlons. we remain a trusted and effective provider. Crucially, Ihey underscore the urggnt need to secure longer-term, sustalnable lunding to ensur& we can tontinue meeting the needs of those we serve. As part of our commllment to contlnually improving and diversifylng our skllls, we are Invèsung In the professional development of our team. Our Lead Employment Advisor Is undertaking a Level 3 Supported Employment course, a recognised qualification designed to enhance prarlice when supportlng individua15 who are ewnomicAlly ina¢live or dis8b18d. This investment aligns with the changlng nature of our client group, wlth a growlng number of people out of woik due to long-term heallh conditions or complex personal ¢ircumstanrAS. It also reflects the shifting focus of government fundlng strèams. which increasingly prioritise support for those who are furthesl from the labour market. By strengthenlng our oxperlise in this area, we a￿ not only enhancing our servlce ofler. bul also positioning ourselve5 strongly when bidding for future funding opportunilies ali9ned lo this agenda.

HALIFAX OPPORTUNITIES TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORn ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Case Study 1.. From Refugee lo Mental Health Support Worker- Nangah's Journey Nangah, originally from Cameroon. came lo Ihe UK as an asylum seeker and was granted refugee status in December 2024. Shortly after, she approached our team for he5p with finding employment. Although she had trained in general nursing in her hame country, she had no UK Wofk experience and no CV, and was unfamiliar wth the UK job rnarkel. Her ambilion was lo work in the m8ntal health care sector. We began by supportlng her to creale a CV and set up job site accounts on her mobile phone, ensuring she could begin independently browsing 3nd applying for suitable roles. Recognising the need to build local qualifications and digital confidence, we ieferred Nangah to CaldeTdale College to enrol on a Health & Social Care course and a four-day Microsoft Office refresher course. To strengthen her employment prospecls further, we ref8Tred her onlo the Generation Ski115 Bootcamp-a ￿Ve-week Inlensive course in Health & Social Care. which included a guaranteed inlervlew upon completlon. Nangah successfully completed the programme and, with our support in preparing for the inteNi6w. she was offer8d a role as a Mental Health Support Worker with Cygnet. In recognition of the financial challenges associaled with starting work. we also provided Nangah with a monthly bus pass during her first month of employmenl to ease her transltlon. Case Sludy 2 - From ESOL lo Employment Bahla arrlved in the UK 2019, delemiined to build 3 better future for herself and her husband. Despite th8 challenges of adapting lo a new country, she b8gan by enrolling in ESOL classes to build her language skills, which lald Ihe foundation for her next steps. She connected wilh Halifax Opportunilies Trust for support in flndlng training and volunteering opportunilles, which led her lo Ihe Employment Services leam. With our guidance, she completed a L8V812 Diploma lor Early Years Practitioners in 2024 and gained six months of experience at a local nursery. Although quallfied, finding work was dlfficull. In July 2024, Bahl8 began working clos8ly with our Le8d Employmenl Advisor, Jo, to improve her CV, search for jobs, and prepare for intervlews something she inllially lacked confidence in. With tailored support, her confidence grew, and she was soon successful in securlng her first paicl role as an Early Years Praclitioner al a local Family Hub. 'The support from Halifax Opportunities Trusl and Jo in parlicular has Iranslormed my life,, Bahja said. "I feel confident and 8XClted aboul my fvture.. Alongslde our core employment support, we have increasingly recognised the growng complexlty of challenges faced by local households. These challenges ranging from housing insecurity end financlal hardshSp to menlal health concerns are creating .8ignificant barriers lo employmenl and progression. In response, w8 successfully secured fundlng through the UK Shared Prosperfty Fund IUKSPF) lo recnjil a Communlly Support Worker, embedded within our Employmenl Team. This role has been vital in ensuring we Gan offer the holistic, wraparound support thal many Individuals need in order to move forward. By addressing underlying issues that impact employabilily, the Community Support Worker is helping people lo bulld stability, confidence, and Ihe foundations for long-tem change. The role is also peripatetlc acros5 Park Ward, supporting other vital partner OTganisalions to increase thelr capaGity-strenglhening th6 wider ecosystem of support and relnforcing our collaborativ8 approach lo community wellbeing.

HALIFAX OPPORTUNITIES TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 is a busy and highly valued role, and we are already seeing strong. posilive outcomes- 326 individuals referred or engaged through the service 685 on8-to-one support appoinlmenls delivered 9 local organisations worked wilh to Goordinate support and referrals This joined-up approach strengthens Our ability to meet people where they are, providing a tailored and compassionate pathway into employment and irnprDved wellbeing. Case Study 3.. Relocation and Wraparound Support for a Vulnerable Family A family recently relocated from London lo HalifaK due to serlous safety concem9 and found themselves in an unfamiliar area with no local support netwofk. We Provided c¢rnpreh&nslve practical support. helplng them sel up ulility accounts, update addresses wilh benefil agencies, and change Ihelr driving licence delalls. We also assisted with school appllcations for the children and successfully applied for school bus passes to ensure Ihelr access lo education. The family is now receiving further support to address outstanding debts that followed them from London. Our involvèment has helped Ihem begin to rebuild thelr Ilves with greater confidence and 51abillty In a new and challen9ln9 envirtsnmenl. 13} Support and deliver work.based learnlng The Apprenticèship Team conllnues to be a cornerslone of Halifax Opportunitie5 Trust's mission to create meaningful pathways into skilled work and lifelong learning. This year has been one of growth and renewal for the programm8, We roinlroduced f8Ge-lo-face delivery models, strengthened our outreach across Calderdale and beyond, and contlnued to build relatlonships with ern￿OYerS who 3h8re our commitmenl lo developlng local talent. Be￿8&n Aprll 2024 and March 2025, 301oamers successfully ¢ompleted Ihelr apprenliceship programmes, wllh an impressive 67'A Qualiflcalion Achievement Rale IQAR). We are particularly proud that 300/f* of th059 leamers achieved Dlsllnctlon - a testament lo Ihe hard work and resllience of our apprenllces, as well as the dediGalion of our lulors, assessors, and support staff who 9uide them every slep of the way. This year we have: Strengthened Employer Partnerships Welcoming new employers Including Tlmeoul, Windmlll, Three Cornèrs and the NHS, alongslde deepening ¢o113boration with long-standing partners, ensuring a steady pipeline of high-quality apprenticeship placements. Focused on Learner Succes$ - Many of our apprentices have not only completed their programmès bul moved Into permanent employmenl. progressed to higher-level study, or laken on new responslbilities Bt work, Raised the Profile of Apprenticeships By increasing our presen￿ at careers Èvents and community engagement sesslons, we are helping to change perceplions about apprenti￿ShipS and encouraging more people lo see Ihem as a first<hoi¢e roule into work. All of thls has been delivered during a kn'me of significant extern81 challenge, with changes to fundlng models and growlng demand for leamer support. Despite these pressures, Ihe leam ha5 shown remarkable rosilignce, crealivity. and commitment- making sure that no leamer is left behind. Key Outcomes for 2024-25: 30 learners successfully achieved thèir apprenti￿Ship qualffj¢alion 30Q/o achieved with Dislinclion 67.10 overall Qualification Achievement Rale B new èmployers engaged Ihis year 29 new apprentlceship starts

HALIFAX OPPORTUNITIES TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Case Study.. Magda'5 Journey Magda joined HOT'S Apprenliceship pro9ramme in early 2024 to complele hef Level 3 Te8ching Assistant qualification. At the start of her journey. she was juggling her training with a difficult hom8 silualion, which somèlimes made it hard lo attend her sessions or Stay focused. Recognising this. our team look the tiffle to really listen and undetstsnd whal Magda was lacing. We referred her to trusted local agencies for practical advice and support, and connected her wlth our employment and careers advisers lo help her stay motivated and plan for her future. With this wraparound support, Magda was able to overcome the challenges she faced and pul her energy back into leaming. She completed her qualilication wilh a Disllnction a nuge person81 achievement - and secured a pemianent role at Ihe school where she had been on placement. Magda is now preparing to progress onto the Level 5 Speclalist Teachlng Assistant progTamme. with the goal of specialising in supporting children wilh additional needs. M8gda's story is a powerful reminder of why this work matters. Our apprenticeships don't lust teach lechnlcal skills they change lives, helping individuals lo grow in confidence, rgsilience and ambition. (4) Support ¢hlldrgn and famllles HOT has developed and delivered a range of community-based services for families with young chlldren in Calderdale lor ovèr 23 years. These services operale from Family Hubs and communlly venues and provide trusted Earty Years locused aclivities for familigs lo support their children's leaming and dev8lopment This Includes nursery provislon for chikjren 0-5 years that is rated Good by Ofsted and Family Support servlces lo support pafents with the day to day struggles of family Ilfe and support improved parenting. Since 2014. thls has been in the form of a ¢ontracl whlch has been regularly extended, belng testament to the excellenl quality of the seNice provided. During 2024-2025 Ihe Children & Families team have conlinued to review practice and Sook for innovative ways to work lo support the changing need5 of famlly lile. Throughout the year innovation has taken place in the following ways. Partnershlps lor Inclusion of Ngurodiverslly (PINS) Following thè success of the Family Support and Oulreach Team developing and dellvering the Support along the Speclrum program in 2023-24. we applied to lake part in a pilot for a new governmenl initiative called Partnerships for Inclusion of Neurodiversity (PINS). PINS is led by the Departfflenl of Health and Social Care and the Department of Education and is a pilol lo upskill school siaff to offer "excellenl inclusive provlsion" for children who are neurodivergenl. The pilot is focussed on early support and inteNenlion in the mainstream primary setting. The Wesl Yorkshlre Inlograled Care Board piloted the project across Calderdale, Kirklees, and Wakefield from November 2024 - March 2025. HOT delivered face lo face training to 13 schools across Calderdale and providing weblnars on thÈ following subjects.. Masking and Early Identification Emotional Based Schoo1 Avoidan¢e Peer Unde151anding, Social Skills & Friendships (Sibling Supporti Staff worked closely with three Educatlonal Psychologists lo write the programme. This wa5 a really great opportunity for HOT and Is testament to the skills and passion for the lopiG displayed by staff in the Family Support tearns. Quote from the Assistanl Head and SENCO from Warley Road Primary School: lieally engaging. excellent course conlenl and staff have all found the course really useful. I would highly recommend this COUTSe" Dlngley's Promlse Throughout the year the three Nurserles and the Community Early Years Teams have been completing Ihe modules of the Dingley's Promise.

HALIFAX OPPORTUNITIES TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Thls training course comprises ol len modules. which upskills and provides staff wlth the knowledge, skllls and confidence to providè an inclusive environment, when support children with SEND to achieve their full potenlial. Slddal Nursery, Todmorden Nursery arKI The Commuryty Early Years Team have all been awarded wilh Ihe Dingley's Promise Kite Mark of Achievement. PunJabi/Urdu Strengthening Families. Strengthenlng Communitles. To meel demand for Ihe parenting course for families whose firsl language isn't English, we decided lo trial Ihe Slrenglhening Families, Slrenglhening Communilies parenting course in Punjabilurdu. The course commenced in Apfil 2024 and successlully ran for the full 13 woeks, with eleven partlcipants gainlng a gradualion cerllficale and on& participant galnln9 a particlpallon certlficate. Th• success of this lrial means that we will offer this coursè In thèse languages agaln during 2025-2026. Quanlltative dats for the financial year 2024-25: 4745 famllles were provided with advic8 and support 3312 families were signposled or given advice about family life issues 2304 familie5 allended our groups acllvilies 530 famllles have accessed Our holiday activille8 for famllies wlth children 8ged 0-8 years old 393 pÉople have been supported lo understsnd the benefits of breastteeding and supported lo malntain this 938 dadslmale carers have accessed a Family Hub Service1303 to physlcal groupslsessions and the rest accessed family supporvheatth related sarvicos, 307 chlldren accèssed one of our 3 nursery settings (Todmorden, Siddal and Jubilge) 202 people have received specific advice and support around Iheir mental ill health 116 famllles have received speclfic speech and language supporvadvlce 95010 of famllies felt that by atiending the Family Hub Services Iheir parenting skn'll$ had Improved 89°A of farnilies reported that by attending Family Hub S8ivices Ih8ir famlly's health and wellboing had improved 88Q/¢ of familles reported that by attending Family Hub Services, thelr child's development had improved and they were developing the skills required to ￿ ready for school. 151 Support and promolo comrnunlty and wellbging Community and wellbeing r8mains a key area of delivery and growth for the Trust, wilh a continually expanding range of services and support now available. This grovAh reflects our ongoing commitment lo tackling health inequalllles and addressing the unique challenges faced by our community through place-based approaches. We have also expanded our community development activities. primarily through the Lomery-funded Place Based Social Action ProSecl and UKSPF, which has resourced a myriad of10&g1 projbcts. Over the pasl year, we have dèlivered a wide range of locally tailored inltiatives aimed at Improving access. promotlng prevention, and 5UPPOrtlng holSstic wellbeing for IhDse who need it most. HOT'S communlty and wellbeing projects are described indivldually below: Staying Well Thls project focuses specifically on re<lu¢ing isolation and lonellness whlle iMpro￿n9 overall health and wellbeing. HOT has been delivering this important inilialSve for approximately 10 years. For much of that Ilme, the project operated under an annually renewed conlracl. which limitèd our ability to plan long-lem or invest In sust8ined development. Recenuy, Ihe Council decided lo formally lender the contract over a Ihree-year period, with the polènlial for a ￿0-year extension. We have successfully secured this conlracl for Central Hallfax for 3 years with a pot¢ntial exlension of anolher 2 years, providlng greater slabilily and allowing us lo enhance and grow the service with a longer-lerm vision. Our team this year has supported over 75 people with personalised support and connected with over 2500 people across a range of activities including: The Apna stsylng Well Hub launched in early 2024 has welcomed n8w members lo it5 wellbeing activities, whl¢h Include a range of creative pursuits such as crafting and arts and crafts. These sesslons provido partiripants wlth opportunitie5 to express Ihemselves creatively, develop new skills, and achieve a sense of accomplishment. Crucially, the group setling fosters soclal interaction and builds a supportive community, helpln9 to allevi818 social Isolation and loneliness. Through shared projects and collaboratlve activities. participants experlence enhanced mental and emollonal wellbeing.

HALIFAX OPPORTUNITIES TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 In Spring 2024, HOT launched th& Boolhtown, Akroydon, and Haley Hlll Heritage Trail (fursded by UKSPF), inviting visitors lo step back in time and explore the rich and varied history. The trall un¢ovets local stories and landrnarks, offering a de6per understanding of the area's unique heritage. The trail officially launGhed on Salurday, 29th March 2024 at Bankfield Museum, where free trail maps and engaging activity packs were made available lo Ihe public. The launch event was a resounding Success, aftracting many residenls and visitors. and recelving ove￿helMlngIY positive feedbad(. Special thanks go lo the Mayor of Calderdale. whose attendance and support were greatly appreciated. By encouraging walking. learning, and social engagement, the trail support5 Slaying Well's alm to reduce social isolalion and improve qualily of lrfe. It also serves as a Pfactical lool for promoting cofflmtjnity interacllon and shared experiences. The Slaying Well team marked International Day of Older Person$ 2024 with a vibrant celebration for service users, their families. friends, and carers. This year's theme, 'Aging and Accessibility.. Fostering an Incluslve Fulure. emphasised the Importance of cieating accessible. inclusive environments that enable oldèr people to fully participale in society with independence and dignity- The event focused on addressing and removing physical, social, and economi¢ barriers. including efforts to reduce social isolation and Sonelin8S5. Activities included a shared lunch, inspiring poetry {Shayaril. and opportunllies for creativity and storytelling, fostering connection and refiection. One participanl noted, Yoday reminded me of how much we matter feeliNJ seen and heard ha6 tmly renew8d my spiril. The Slaying Well team has continued ils long-standing involvement in Ihe Bonfire Community Safety Collaboration, working alongside partners to enhance safety during the bonfire period. This collaboratlve approach focuses on protecting vulnerable residents. particularty older 8dulls, and ensuring their concerns are heard and addressed. In collaboration wilh local community organisers, the team played 8 leading role In Supportlng Ihe development of the Boolhlown Community Residents Group. with a fo¢us on slrenglhenlng communlty coheslon and engagement. Key activities included targeted oulre8¢h lo residents and coordination of the group's inaugural meeting al B8nkfleld Museum. This initial gathering celebrated the rich herilage of Boothtown, fostering a sense of pride and shared identily among attendees. In collaborallon with NHS Yorkshire Smokefree Servlce. HOT launched a targeted Slop Smoklng Campaign in Park Ward, an area experiencing high rates of cardiovascular disease and premature mortality. Strategically allgned wSlh the values of Ramadan a lime of self4ls¢ipline. fefleclion, and spiritual renewal the campaigft focused on 8ngaging Muslim communitie5 lo encourage quilting smoking. Backed by l(Ml leaders and mosques. the initiative used culturally sensitive messaging and communily4Jriven engagement to reach smokers at a time when motivalion lo change beh8viour Is often high. Key features included.. Free acress to NHS slop-smokin9 resources and professional support Communliy involvement in resource co-creation Outreach through faith settings and local volunleer networks Emphasis on ieduclng a major rlsk faclor for heart disease and improvln9 lon9-term health outcomes The campalgn recelved a p05ilive response. wilh strong community engagement and uptake of support serylces. Early Indlcators suggesl a shift in atlitudes and increased wllingness to quil smoking among partlcipanls. reinforcing the power of culturally tailored public heallh interventions. This ￿MpaIgn forms part of HOT'S broader mlssion to tackle health inequalllies and promole wellbelng in underrepresented communitSes.

HALIFAX OPPORTUNITIES TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 sta Well Case Slud 1- Khaéija, a 62-year-old retired dinner lady. had been stwggling wilh loneliness and tsolalion aflèr the loss of hèr husband. She joined the Staying Well Project after seeing Ihls advertlsed on the Halifax Opportunitiès Trust social media pag6 and took an interesl lo th8 'PoetrylShayari lor wellbeing, sessions advertised. Through the project. Khadija began writing poetry Ishayari) to process her emotions, which helped hèr express grief and loneliness in a crealive way. The support group. where mombers shared their own experience5, provided Khadija with a sense of community and belonging. slgnificantly reducing her feelings of isolation. Over lime, she built meaningful relationships with others in the group, galnlng both emotional support and a renewed sense of confidence. This expgrience not only helped her overcome her lonellness but also improved her mental wellbelng. Quote from Khadija: "Before i joined the Stsying Well group, I fell invisible-like my grief and lonellness were loo heavy lo share. Bul wriling shayari allowed me lo express whal words couldn'l, and being part of this group made me feel heard again. [￿e found new friends. Il's not just aboui poetry it's about healing together and sharing life stortes" Slaying Well Case Sludy 2: EW was referred to Ihe Slaying Well service in October 2024 by the NHS Enhanced Care Tearn. Al the lime, she was struggling wilh loneliness. low mood, and a sense of purposelessness following the death of her husband and several other close family members and fri6nds. These significanl losses had left her feeling emolionally ovemhelmed and socially isolal¢d. EW expressed a desire lo improve her menlal well-being. reconnect with others, and regain a sense of motivalion In her dally life. When the Central Staylng Well team vlslled her at home. She shared that she felt very low, and that life no longer had meanlng now that she was no longer caring lor her husband. During the visil, EW mentioned that she used lo enjoy aris and crafls and would love to loin a group in the communlly wheie she could pursue this hobby again. In response, the team suggesled Ihe Arts 8nd Crafts Group at the Apna Stsying Well Hub, wami and welcoming ffimmunlty space known for bringing people together through wellbeing activities. EW was enthusiaslic about the idea. but despile her initial inler8St, she found it difficult to attend. She shared that she experienced severe social anxiety. particularly around meeting new people and being in unfamiliar environmenls, which rnade it hard for her lo lake the first slep, Understanding her concems, the Staying Well team continued lo gèntly encouragé her. letting her know she could attend at her own pace and reassuring her that shè would be accornpanied by a Slaying Well Worker so sh8 wouldn't have to go alona. Eventually, EW decided lo give the group a try. and Ihat decision bocame a tumlng point In her journey. Since attending thè sessions at the Apna Hub, she has èxperi6nced a noticeable improveTTbent in her eonfidence and moralè. She quickly became a ￿gUlar at the group and now looks fornard lo Ihe weekly sessions. Not only has she rediscovered Ihe joy of creative activities, but she has also bullt meaningful friendships and found a space where she feels a¢¢epiEd and supported. Over time, Ews confidence has grown to Ihe point where she now helps support new attendees, often laklng the lead in crafting actlviliès and teachlng olhers new craftlng skills. She also assis15 staff and volunteers wllh refre5hmenls and helps create welcomSng environment through conversallon and encouragernenl. Reflecting on her experience. EW shared. "I can be myself al the Apna Hub. 11 lakes my rnlnd off things, and I have made new friends. l am so happy l joined the group because it brightens up my week and I have something to look forward lo." EW story 15 a powerful reminder of how small sleps, consislenl support, and community onnection can lead to lasting Itanslormalion in an tndividual's well-being. io-

HALIFAX OPPORTUNITIES TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Community Organlslng The 2024125 year has been another &venthil one for Community Organising and our Nalional Lottery Community Fund 'Place Based Social Action. project, Conlinuing to play a vital role within the Community and Wellbein9 team. Community Organisers ICOS) work al the grassroots, helping local people lake ownership of the changes they want lo see ITh their neighbourhoods. The project was due to finish at the end of March 2025 but additional funding has been secured to keep it going for another year. This year, COS have been worklng hard to get more residènts involv8d in ward forum meelings. Whal used lo be small galhertng of famlliar faces has grovm signrficantly now. each meeting sees be￿een 30 and 50 local people omlng together to share thelr vlews, ask questions. and m8ke sure councillors, the police, and otheT services are listening and responding lo community concems. Il's been a real shifl in local engaggment, ancl the impact Is startlng lo show. One of our proudest moments Ihis year was playing a key role In settin9 LIP the People's Park Festival. Spread over Iwo days, the event was a huge success, bringing in over 10,000 visilors and Grealing a real sènse of community celebration. We've also been active In shaplng the future of our gieen spaces. From ongoin9 work around Wadsworth Common to developments at Brackenbed, COS have been ri9ht at the heart of conversations and plans, helping to ensure Ihese spaces reflect what local people want and need. 2cmillanlCalderdale Cancer Aware In 2024 wè launched the Calderdale Cancer Aware Project, a project funded by Macmlllan Cancer for 3 years and an initlative spe¢lfically deslgned lo address health inequalities by improving ¢ancer awareness withln BAME ¢ommunilles across Caldefdale. The project has focused on.. Increasing knowlefJge and understanding of cancer and related sympioms Promoling culturally appropriale screening sérvicès Ralslng awareness of preventative measures Encoura9ing positive lifestyle changes lo redu¢e ¢an¢er risk This work r8fle¢ts our ¢ommilment to delivering equitable. culturally responsive health education and lo improving early deleclion and health outcomes Within communities that often experience barriers to access. Th8 projèct has delivered multiple sessions and engagem8nl 8venls to false cancer awareness and has engaged and worked wrth over 1400 people in the first year. Together, these developrnenls demonstrate how our Wellbeing delivery area ontinues to evolve in response lo emerging health needs. delivertng impactful, communily-focused support thal allgns with HOT'S wider objectives lo reduce health inequalities and improve wellbeing across Calderdale. The Outback Communlty Garden and Kltchen This year has been one of growth, strengthened partnershlps. and deep8ned communily engagernenl at the Outback. With support through grant funding frorn Awards for All, UK Shared Prosperity Fund (UKSPF), NHS Creative Mind¥, Soclal Farms & Gardens. and Calderdale's Household Support Fund, we have been able to expand our aclSvities, enhance our facilities. and inGrease our reach wllhin Park ward and beyond, 11

HALIFAX OPPORTUNITIES TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Key Achlevoments: Community Food Pantry.. Our weekly panty continued fo play a vital role in addressing the cosl-of-living Grisl8, providing access lo affordable food. This year, 63 local households regislered a5 members, benefiling from both food provision and a welcoming, supportive community hub from where they can be signposted to other service provision within the Trust and the wider community. Adull Volunteering Programme.. We delivered a wide range of weekly volunteering sessions in the gaiden, kitchen. beokèeping and food pantry. These activikn.es offered opportunities for 37 individuals to build skills, boost confidènce. and enhance wellbeing through meanlngful wnlribulion and social connecllon. Supported Gardening for Incluslon.. We hosted 9 supporled gardening sessions for people with learning disabilities or mènlal 111-hèalth, attended by 35 partlcipants. These sesslons provided therapeutic outdoor engagement and Incluslve learnlng experlences. Environmental Education and Climatè Action: We ran 6 practical climate change awareness sessions almed at increasing environmental understanding and promoting Sustainable living, Engaging Ihemes such 8s beekeeping, green rnanures, foraged seasonal decoralion making and plot lo pla16 seasonal cooking drew a comblned audience of 39 partlclpants. Family Gardening session5: Our 2 family gardening sess￿nS welcomed 51 attendees, helping familles to have bettei access to greenspace and encourage people to spend more lime in nature. Communlty Events and Celebrations.. We SU￿eSSfullY dellvered a serles of communlty engagemenl evenls. including a pop.up 'Tasle the Waste, calé. and two collaboralive lamily events with our colleagues in thè Cancer Aware leam: the Aulumn Pumpkin Party and a nature Ihemed Wildllfe & Wellles event. Combin8d, th&s8 8v8nls attracted over 100 attendees. We also partnered with the Farnlly Hubs team and during sumrner 2024, we hosted outdoor play, forest school sessions, and nature-based a¢liviliés in partnershlp with Family Hubs le3m, offering &ssentlal hollday support for local families. Hortl¢ullural Therapy wilh NHS Creative Minds: Through Our ongolng parlnership with Calderdale and Kirklees Recovery College, we dellvered a 5-week horticullural Ihefapy course to support individuals with mental health needs. The coursè focused on rèduclng stress and anxiety while building connection with n81ure. Garden lrnprovem8n15 and Suslainability.. Funding allowed us lo invesl In the productivity and accessibility of the garden. We expanded the veg*Towing area, repaired The Hive lour beekeeping hub). and added a natur81 play area for children. As a result. our seasonal pop-up fruil and veg shop thrlved. wth 100% of produce grown sold affordably to the local community. Income Generation and Community Partnerships: We exceeded wr annual £4.000 target for income generation Ihfough produce sales and facility hire. The kitchen and garden were regularly used by key community partners includSng Wailey Road Academy. Noah's Ark Integrated Wellbeing Service. Calderdale Baha'is. Heallhy Minds, and Ihe Speciallst Incluslon Team. This period has demonstrated the stTenglh and relevance of the Oulback Js an inclusive, welcomlng spacg for heallh and wellbeing, learning, ronneclion, and suslainabilty. With increased footfall, slronger partrnershlps, and enhanced facilities. we are proud of the posilive impact we have achieved-and look forward lo building on thi momentum In the yeaf ahead. Fe8dback from Outback volunteers and participants.. "l am a volunteer at the pantry, l enjoy coming and helping ¢JuI wlth the rest of the team. I love stocking up and sorting food bags and working on the lill, it makes me feel happy and satisfied thal I have helped out. I love Seeing happy Custome￿ and meeting new people. We can also help them or signpost to other organisatlons rf Ihey need help with their daity living or if they are struggling. I came lo help out at the panlry for my mental health, to meet people and to Improve my confidence and social skills. l enjoy wotklng with the team, Ihey are so understanding, ¢arfng and welcoming and I love what they are doing for the ¢ommunily". Icommuntly Pantry Volunteer- Feb 20251 Our client spoke positively about the Oulback. he said he enjoyed It because he was busy, he sald the people worè nice, he fell welcome and safe. 12-

HALIFAX OPPORTUNITIES TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 "From a Slaff point of view, the placemenl has really supported him in his rewvery joumey, he never used lo go out but has attended for a few weeks now, he has grown in conlidence and ha5 been walklng into town after being dropped off and also getting the bus horne. something he would r)ot have done on his own 6 months ago". (Cornmunily Mental Health Team- July 2024) 'As an 80 year-old who has been lucky enough lo have worked in the Outback garden for 3 years. nol only have I been Stimulated both menlally and physically. but have been blessed wilh Ihe opportunty of working Wlth a lovely group of people. Long may it continue. will I slill be volunleering here as a 90 year-old"? (Garden volunteer - Mar 2025) UK Shared Prosperity Fund (UKSPFI Community Engagement programme HOT has been an integral partner for the locally￿elIVered 'Communilies and P18ce' strand of UKSPF In Calderdale. The programme Is largeled on Cenlral and North Halifax and HOT has led engag8menl work in Central. Through our engagement woth, we listened closely to what matters most to lotal people. Their prioritles shaped where inveslment was focused and how support was delivered. wo￿n9 alongside resldents and local organisalions. we helped tum ideas into real, community-led projects that reflecl a shared vision for the future. Many of these partnerships simply wouldn't have happened without this process. As a Irusled, rooted organisation, we played 8 key role in Connecting people. building trust, and makln9 sure the communlty's voice slayed al Ihe ¢entre of every funding proposal-helping lo create real change. 18d by local people. The 3 priorib'es lor Central Halifax were safer and cleaner neighbourhoods. opportunities for local young people and support lo address the rising cost of living 29 projecls werè inltlated and funded to meet these priorities, all led by local charities and community groups. 500 households directly benefitted from youth programmes that offer safe, engaging spaces for young people, lo neighbourhood Glean-ups that tackle litter and brlghten our streets, every proje¢l responded directly to the needs and aspirations shared with us. Below are some of the proj6cts that were funded. Park & Warley Art Trall.. Celebrating crealivity wllh a trail of local artwork across naighbourhood streets and green spaces. Boclhlown Fun Fosl: A vlbranl community celebration bringing 3000 neighbour8 together through music, food, and activilies. 4G Pltch lnsl8llalion.' A new all-wealhei pitch, giving local people reliable access lo sport all year round. Boothtown Heritage Trail: A walkin9 Irail Ihat celebrates the history and character of Boothtown, created wilh input from local residents. Boxing for Wellbeing., Boosting mentsl and physical health through structured boxing sessions that build resilience and self-belief. Summer Foolball Academy: Free football coaching over the summer holidays, keepin9 young people 8clive, engaged, and connected. Park & Wartey Thealre Group: Encouraging confidence. creativity, and self-expression Ihrough perforrnance and slorytelling. Make It Count - Budgeting and Finaftcial Resillence: Practlcal workshops and advice lo help famllies take control of Iheir finances and plan for the future. Let's Gel Digital & Device Bank.. Providing devices 8nd digital skllls Irainlng lo help people access essenllal services and stay connected. Community Support Worker.. One-tovone help for residents navigatin9 life's challenges-from houslng to benefits and beyond, 16) Support Incluslve integration of new arrlvals to th8 UK This year has marked a significant milestone in the continued success of HOT5 ESOL and inlegralion delivery programmes, Through dedicated efforts & innovative turriculum design, we have empowered leamers from diverse backgroLJnds lo improve their English language skills and confidenlly engage in their Ioc81 cornmunFtles. Our programmes have not only achieved impfessive engagement and completion rates but have also fostered meaningful social and e¢onomic integralion. enablin9 participants to access edutsllon, employment and essenllal seNlces. The ifflpact of our provislon is reflected in the personal growth of our learners and to reach the most vulnerable individuals & groups of our local communities. We have enhanced the quality of Quf teaching resources, and provide tailored support services Ihal address the unique challenges faced by our leamers. The composition of learners engaged on the programmes ranged Irom multiple nationalilies, wllh either no educational prevlous to varied educational, culiural. and migration experrences. Many faced multiple bathers to learning, including: 13-

HALIFAX OPPORTUNITIES TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Llmlted formal edu¢alion in thelr flrst language Low literacy and digital skills Caring responsibilities or employment constraints and experiences of trauma or displacement We responded by crÈating a Ilexible and incluslve18aming environment that- Delivered learner-tentred. needs-based ESOL provision at multiple entry levels (ranging from non- accredited to accrediled learning) Embedded praclical life skills such as using public tiansport. accessing h&allhc81e. and engaging with local services Provided women-only groups and cullurally sensillve spaces where appropriale Supported learners with essential Ilke skills, including, dlgllal access. and indlvidual leafnin9 SUPPOrt. Our ESOL integration programmes went beyond language learning. we embedded opportunities for leamers to: Engagè with local events, volunteering. and civic acts'vities Gain confidence in speaking and interacling in everyday 5ilualion$ build social net￿OrkS and peer suppori acfOSS communities to crgale a sensè of safety and belonging. Learner-centred: Tailofed to the interests. needs, and lived experiences of adults, often co-designed with learneTS to increase engagement. Holistlc.. Incorporating personal development, confidence*uilding. and life skills, alongside liler8cy, numeraGy & digital skills. Empowèring.. Encouraginp active citizenship. self-advorAGy, and progression into further learnlng, volunleering. & employment. We also partnered wlth local organlsations to offer conteX￿allyed learnlng - for example.. ESOL for health, delivered wlth NHS partners ESOL for employablllty. including CV wriung, inlervlew skllls, and workplaeè vocabulary. Our ESOL and intBgrallon programmes were deslgned and dellvered with a slron9 commitment lo value for money, ensurtng that contracts delivered achieved the greatest possible impact for learneis and communitie$. Achieved tangible outcomes.. increased language skill8. ¢onfid&nce, progre$slon to work or further education Dellvered long-term benefits.. leamers became more independenl, active, and better able to contrlbul8 10 their families and communities. Our model went beyond traditional ESOL e.g. throu9h embedding integration outcomes (social conneclion. aceass lo services, civic engagement), we. Reduced learner isolation, which will hopefully cary long-lerm social and health ¢osl$ Improved family oul¢omes, with leamers better able to support chlldren in school & confidently èngage In local life Stren9lhened community coheslon and trusl between groups Maintained high retention and progression rates, meaning our programmes had lasung value beyond inilial delivery. The following Is a Ilst of all the programmes delivered in this reporting period-. Calderdale Adult Learning= The delivery of our 2nd y8ar of our contract with Calderdale's Adult Learnlng has been successfully delivered entailing a total of 5 programmes. CAL Functional Skills Maths provision: In line with previous years delivery. we have continued supporting Ihe facililalion ol Functional Skills Maths. The successful delivery has had a Iransformalive impact. partlcularly in reaching individuals who have previously either not had the opportunity to engage or faced multiple barrieis to learning. Our tallored approach has empowered learners to build essential everyday maths skills-4uch a5 budgeting. measurln9. 8nd interpreling data-b0051ing their independence. employability, and self-esleem. Many participants have gone on to access further trainlng. Secu￿ jobs. or support their children's edu¢allon al home. This Su￿esS demonstrates the crilical role that Functional Skills Maths plays not only in raising individual aspiralions, but also in breaklng down long-standing Educalional inequalities wllhin our communities. Vulnerable Person's Resettlement Scheme: Through the continuation of our contracl lo support newly arrived individuals through the VPRS Scheme. we have ¢ontinued to deliver vital support to individuals facing some of the most Complex and challenging circurnstances in Dur community. Through tsrgeted ESOL, integralion, and wraparound ¥upport. the programme has successfully eTrJaged newly arrived reftjgees. 14-

HALIFAX OPPORTUNITIES TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Many participanls have made significant progress in building language skills, accessing heallhcare, navigating housing syslems, and participating in lacal life. Thi5 SUC￿$$ is a direct result of the pefsonalised and cullurally sensitive approach adopted. Many also carry the 8molional weight of displacemenl and trauma, which impacts their leaming journey. Despite Ihese challenges, the Gontinualion of this programme ha5 offered a crilical pathway towards stabillly, empowerment, and inclusion, undertining Ils essenti81 ro18 in Calderdale's wider inl6gratlon strategy. Innovation Fund: Following the suGcess of our previous pilot prograrnme {commi5sioned by Calderdale Council), a further round of funding was provided for u5 to continue the programme & reach out to new partlclpanls. A total number of 3 women-only ESOL classes and specialtst workshops programmes have been delivered. As a result. we have seen a measurable increase In parti¢ipanls' awareness of their righls. safe9uarding, heallh¢are access, and local support netsvorks. VCS ESOL for Ukraine (Hornes for Ukraine Scheme).. Following the success of previous year delivery. we have conknnued to offer ESOL & Integration support to newly arilved Ukralnian leamers, This year also entailed a total of 2 ESOL & Integration programmes. Many of the partlcipanls have progressed onto hlgher level provislon demonstratin9 Iremendous SUCGe55 in language learning. By providing f18xible provision alongside Pfactical nlegration suppcrt, we have empowered Ukrainian lèamers to bggln rebuilding Iheir liv6s, engage wilh local services, and form connections within the communily. The ove￿helMingIY posilive responsè and consistent learner progres5 highlight the success of our approach. ESOL Exams.. this year. our ESOL le8me¥s have achleved exceptional success in gaining recognised qu8lifi¢atlons. with a significant number passing their exams wilh excellent grades. For many participants, IhSs repr8S@nts their lirst formal qualification In the UK & these ar8 important m51estones Ihal boosts their confidence, valldates their skills, and opens doors to further eduGalion. training, and employment prospects. (71 Leader$hlpi governance and central support functions Ouring the year Halifax Opportunilies Trust (HOT) retained all ils external quallty and assurance accreditations. including Quality for Health Level 2. the Contraclors Health and Safety Assessment Scheme ICHASI. Cyber Essentials and Ihe Malrix Standard. Thè Trust's Employee Forum (Hear Our Thoughls) was relaunched on 1st April 2024 wllh new members, providing a plattorrn for employees to voice their opinions. concerns, and su99èsllons. This inlliative has positively impacted communlcation. employee engagement, morale, oiganisational Gullure, and Irusl. In response lo forum feedback, a Wellbeing Afternoon was scheduled for 2nd June 2025, designed collaboratively across teams and delivered on Ihe annual training day. On 1 st Octob¢r 2024, a new mandatory duty to P￿vent sexual hafassmenl in the workplace carne into èfftsct. To meet this requI￿rnent. HOT delivered tailored Iraining to all employees and rnanagefs, introduced a 51and81one Sexual Harassment Policy. and displayed awareness posters across communal and public areas lo reinforce our zero-tolerance approach. HOTS board has been slr8ngthened by the recwilmenl of Jenny Bowe[5 as a trustee. who has takpn on thè role of safeguarding lead on the board. Jenny is a former headleacher, Special Needs Co-ordlnator. Safeguarding Lead and Early Years trained teacher. Truslees have continued lo take part in regular 'blle-size' trainingldevelopment sessions al pach board meeling (topics included unconscious bias and finanGial understanding). The annual planning se5slon was held in DeceTnber 2024 and focussed on HOT'S response to the extemal environment, including lo¢al plans and slrategies.The exisling Finance and Risk committees have been rolled into one Finarbce. Risk and Audit Committee which provides operalional oversight and challenge to the exec team. A signlficant emphasis has been placed on meeting health and safety requirements Ihls year, and we appolntsd an external tompany IVVorkNest) lo act as one of our Competenl Peisons in Ihe Gharity and lo provide an onlin¢ platform lo improve our health and safety compliance and practice. We are a150 adopting digital approaches to olher areas of adminislration and compliance at HOT.. within Ihe year we adopted an online management system for our business centres- contracted a finance review and the subsequent engagement of Stephen Perry as Fin8nce Consultsnt to Improve our financlal systems and proGesse5,' a change to the onllne platfoTm we use wilhin our appienticeship programme. A new website was launched in early 2024, which better explains the work of the Twst and provides a dynamlc, onllne calendar of evenls. We have also introduced a WhatsApp channel lo dirèctly reach people who engage wilh HOT activities, projecls and services. 15-

HALIFAX OPPORTUNITIES TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Flnanclal review In the accounting pedod 2024-25, the Children s Centre contract formed the major source of future commilmentsl liabilities for the eh8rity in relation lo the defined benefit penslon scheme (or staff who were Originally 8mployed by Calderdale council. HOT has mel the level of required pension contributions since it look on the contract in 2014 and therefore has met all its obligations in lerms of keeping the scheme adequately financed. As at 31 March 2025 under the FRS 102 ILGPS funded benefits) disclosure requirement, Ihe pension scheme has a net penslon agset of £258,000. This Is not recognised in these accounts, in line with FRS102 on the basis that the asset is not recovered by reduced contributions or refunds lo the plan. At thè last actuarial valuation carried out as at 31 March 2022 the penslon scheme was 104.gDA lunded, wlth a surplus of £188.000. HOT is also defined a5 a 'subsumplion body, in Ihe Scheme which reflecls 3 guarantee provided by Calderdale Council which means Ihat should we exil the scheme at any point any liability due would be picked up {"Subsumed'l by the Councll. As of 30th September 2025, the contract ended and the seNice IransfeThed lo another provider intluding all stsff in the defined benefit pension Scheme. There is therefor8 no longar a major future pension commilm8nl for the Trust, Flnance The Group is reporting net operatlng Income of £94.736 for the year ended 31 March 2025. The Group re¢eives funding from a range of sources including local and natlonal government contracts. local and nallonal govemment granls, 9ranl incorne from Trusts and FoLJndations as well as generation of Its own Income. vla ils subsidiary Gompany. The Trustees have adopt8d diversification of income streams to mitigate the risks around suslainable income sources. Delalls of the specific grants received by the Group a￿ included in note 3 of the accounts and the resulls of th8 trading subsidi8ry are included in note 15 of the accounts. The income sources of the Charil¢s restricted funds are inGlud8d in note 20 01 the aC￿UnIS. Golng concern Based on a high level of secured conlraclual and grant income and fre8 reserves of £1,024,368, the Trustees are confident thal Hallf8x Opportunllles Trust C8n continue as a going concern. Resernes policy Reserves are required by Ihe Charity because Ihere is a need to malch vaiiable future income wllh fixed commilmenls, grants are often received after the relevant expendilure has been paid out, and the Trust 81 Ilmes supports certain projec.t5 beyond the life of specific fijnding or bridges be￿een conlraGts. The policy agreed by the Board of Trustees Is éescrlbed below- The HOT Board have agreed to determine the tsrget level of reserves using the following approach.. 50Q/o of all non.Children's Cenlre sala¥ies PLUS all current conlraclual payment commitrn8nls. Thé r85erves levels will be revlewed each year whèn budgeting is being carried out and will Iherefore flucluale as salary costs increasel decrease and contractual commitments increaseldecrease. Based on this Policy, the largel level of feseNes is £646,422. UTrreStri¢ted reserves as of 31st March 2025 were £1,024,368. In February 2024, truslees agreed lo designate £42,000 of reserves to vnderpin Ihe Outback's running cosls should granl funding not be secured for Ihe slle. After the year end, In May 2025 trustees also designated up to £63,000 as bridging fttnds for th8 employment programme, as it 15 a key element of the Trusl's work and the funding environmenl for thi5 type ofwork is short-term and patchy until 2026. These designaled ftjnds are in addilion lo the £83,500 designated for housing in the prior year. To date, neither deslgnated fund has been drawn upon. 16-

HALIFAX OPPORTUNITIES TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Investment policy Under Ihe Memorandum and Article5 of Asswalion th8 tnjstees have the power to make any investment they see fil. During the year under review the truslees have chosen to hold the surplus funds of the Charity In the bank account with Unity Trust Bank PLC. These are held in current accounts in order lo fadlilale the day lo day operations of the Chafity. £678.986 of the Trust's funds are held in an interest-bearing current accoLtnl with Unity Trust Bank in order to maximise income from the Trust's surplus funds and to meet the fiduciary requirement of the trustee board. Future Plans <1) Support entorpriso. busin95S Start-up and grovAh This elemenl of HOT'5 work is driven by it's trading subsidiary HOT Enterprises Ltd. The fLrture focus Is on strengthening its role as a driver of sustsinability for the Trust, while contlnulng to gerve as a hub for local buslness support and enterprise. Key priorities include: Sustaining and Increasing Occupancy.. Maintaining high occupancy rates at Elsie Whilelay Snnovalion Centre IEWIC) and Hanson Lane Enterprise Gentre (HLEC) remains a lop priority. Actlve rnarketing. tènant engagemenl and servi¢e enhancements will support lenant retention and attract new businesses. partlcularly those alignèd with HOT'S social and environmental values. Growing Virtual Tenancy and Co-working Offets.. 8uildin9 on demand for flexible Wofkspace, the virtual t8nancy model wlll be furthef developed, and 8 refreshed co-working offei wlll be rolled oul to better meet the needs of freelancers. e8rly-stsge enterpnses and remote workers. Enhancing Commerclal Resilience: A continued focus on generatin9 surplus Ihrough space hire, conferenclng, and other commercial services will underpin HOT Enterprises. contribution lo HOT'S unrestricted income, whlle malnta5ning accesslbility and soaal value. Digital and Operatlonal Innovation.. Following the successful implementation of a buildlng managernent system. further digital innovation will be explored lo improve tenant Servi￿$, monltor envlronmenlal perforrnance, and support decision-making. Repositionlng EWIC as Halilax's Business Incubatlon and Innovation Hub: A 51raleglG revlew and rebrand of the Elsie Whileley Innovatton Centre will be undertaken lo firmw position il as a Business Incubation and Innovation Hub for Halifax. This will involvè redeflning its purpose. brand Identity and commercial offer to better support start-ups, soclal enlerprises and scale-up businessès. The repositioning will ensure EWIC reflects the borough's enlrepreneurial afflbilions. responds lo the changing needs of modern 8nlerprises, and aligns wlh HOT'S wlder regeneration and oconomic Inclusion strategy Environmental Responsibility.. In line with HOT'3 Carbon reduction goals, HOT Enterprises Ltd w511 continue efforts to reduce waste, lower energy usage. and promote greener working environmenls through both operational practice and lenant engagemenl. Strenglhening Governance and Stralegic Alignment.. The governance slru¢ture and trading strategy of HOT Enterprises Ltd will be reviewed to ensure il remains lil-for-purpose and fvlly aligned with the Trust's charltable objectives and long.temi suslainabillty. 12) Help local people Inlo employment Secure lunding lo sustain the seTvlGe Position the seTvlce lo align with a change in govemmenl policy. which focuses more OD helping inactlve people inlo work and supporting those in work who are at risk of fallin9 Out due to health problems. Ambitlon to expand team capacity by securing funding to meet increasing demand. Ideally this is a minimum of 4 key worker$. (31 Support and dellver work.based learnlng In 2025-26. we will grow the number of apprenticeship starts and strongthen our employèr net￿Ork. We are developing new qualifications, including Level 5 Speci¥list Teaching Assistant and Residential Care pro9rammes, as well as 8xpanding our offer in Business Administration, Team Leading and Managemenl. We will also increase our engagement with levy-paying 8mployers to create more opportunities for workforce upskilling and career progression in Ihe local area. By doing so, we will continue to support Calderdale's communlties lo thrive. building a slron9er local economy and creating lasting change for Indlvlduals and famlli&s. Allhough the Level 4 Hlgher Level Teaching Assistant {HLTAI has nol yet been epproved as an official appTenticeship slandard-despite lobbying efforts from several departments-HOT has responded proactively, After consulting With headteachers. who valued Ihe Level 5 Specialist Teaching Assistant apprenticeship but noted it did not fully meet HLTA responslbilities, a costing and mapping exercise was conducled. 17-

HALIFAX OPPORTUNITIES TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 As a fesull, HOT wlll inte9rale the HLTA framework into the Level 5 provislon and deliver it at no addilional cost to Ihe employer. This value-added model enhances our offei and selves as a unique selling point (USPI, now èmbedded In our mafketing and outreach 51rategy. Grow provision in 1Sne wilh the Suslainabilrly Through Skills approach. contributing to a greenÈT economy and building partnershlps to support environrnental and social suslainability- Broaden delivery of trainlng and upskilllng prograrnmes for indlvidua15 and partner organisalions, wilh a focus on digital, education. health, and social Care sectors. st￿ngthen the commercial sustalnab115ty ol the Apprentlceshlps Programme to hèlp fijnd HOT'S chari18ble $8rvlces and maxSmlse social value. (41 Support children and lamllles In 2024, Caldèrdale council took the decision to recommisslon the Famlly Hubs and nursery provision via two Calderdale-wide 18nders. 11 Ss unclear why Ihi5 route was taken, as it does not rneel the council's various slraleglc plans which all promote neighbourhood working and ihe importance of community delivery. Due to the format of the tender and the lack of local partnershlp working. It was not certain that the TnJst would progress a bid. However, after a long process of deliberation and risk-analysis, HOT truslees agreed to submit a tender. We were unsuccesslul. This meant the end of 23 years of continual delivery in the borough, th& loss of over 100 slaff and other invaluable assets which the Trust had built over Ihe years of successful and Innovative delivary. Th8 105s of the contract was a huge blow to all concerned, particularly as HOT has always delivered hlgh-quality seryiGes Ihat met local ne8ds and continually slrove for Innovalion. The Trust also has an excellenl Ira¢k record In ensuring InGlu$ion across all our services. The plans from 1 sl Apri5 2025 301h Sepipmber 2025 are to mainlaln high quallty seNic8s for the communlties we serve, whilst supporting our workforce through the mobilisalion and TUPE transfer process for Ihts new provider whi¢h ¢ommences on 1st October 2025. Whilsl the Scale of our delivery for chlldren and familles will drastically reduce. we will still seek lo deliver projects and activities that are family-focussed and also lo work alongside the Famiiy Hubs to ensure that local voiGes are shapln9 the $8rvic8 in the communities we have been rooted In for many years. 151 Support and promote community and w¢llbglng Conlinue and enhance HOTS loGus on community based integrated health and wellbeing In linè wllh local and regional strategic directlon. Post Cancer support - Develop Ihis area to support people diagnosed with cancer through communlty- based sUPPOrt. We hav8 lust rolled oul a pilot for Ihis 8Te8. This aligns with Calderdale CanGer Aware focus on pre-cancer awareness and support. We ar8 working towards making this a perrnanenl part of our well- beSng offer. Dementia Awarenesslsupport - more work needs to be done in Park ward around Ihls key area which is becoming more prevalent due lo an ageing population. We are In the process of carrylng out a lis16ning exercise wilh people living with dementla. This Inslghl will drive how we shape any potential support. Continue our arnbilious prolect lo bring Queen's Road Neighbourhood Centre back Into use as a community hub. Key to Ihis is to secure grant lunding lo appolnl 8 Prolecl Lead to take over leadership of the prolecl frorn the CEO. We will also submil a seGond Development bid to the National Lottery Herilage Fund and s18rt to approach other funders. The Oulback KilGhen and Garden Focus more on climate change. develop Ihe Outback as a 'climate change hub. to rdise awareness of cllmate change. its impact and whal local residents can do to miligale its effects. Dlfferenliate the Oulback from Ihe Jubilee Famlly Hub to inryease it5 visibllity. ensuring it is not perceived as an exlenslon or part of the Jubilee Family Hub. This is even more important due to the loss of Ihe Family Hubs contract. Increase the Outback's profile and vislbility particularly In Park ward, Secure fundlng lo sustain the Outback. (61 Support Incluslve Integration of new arriva15 tts the UK Greater focus on community cohesion and bringing people together durlng challenging Ilmès. This includes Increased direct interaction between communities in Galderdale through shared events, visits, getting lo know one another. food ex¢hange5. and more. The purpose is lo break down misconceptions and provide people wilh opportunities to learn about each other and share Ouf common good. 18-

HALIFAX OPPORTUNITIES TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Revamp and change the name of this critical area of work to give It more vtsibility, relevance and bring it line with an increased focus on community cohesion. 17) Governance, Management and Central Services The end of the Children's Centre contract has also broughl about a reduction in lh8 scale of HOTS centrals servlces team. Due to a restructure, resignations, relirement and TUPE opportunities, only one staff member was made reduridanl as a result of the process. The HR advisor function will in fulure be carried out vla an extemal contract. The future focus for cenlrals s8rvicos will be on further improvement of finance syslems, including a change lo our accounting package acwmpanied by a wholesale review of the accounting struclure. We will continue lo advance aur digital approach. ensuring technology supports organisalional goals. Opportunilies lo integrate Al are being explored lo enhance efficiency, value, and Innovatlon across operallonal areas. The HOT board will review the purpos8 of Iha subsidiary company. to detérmin8 whether to give It more autonomy from the parent charlty or to brlng the servicos it currently provid8s back under Ihe charity. A rèvised quality assurance framework and reportlng system will be implemented. to ensure improved govemance oversight. structurei governance and managemenl Structure Halifax Opportunities Trusl (HOT) was incorporaled a5 a Company Limited by Guarantee in October 2000, achloved charilable status in April 2001 and has been operalional since April 2002. 11 is a membership organlsallon and its Iruslees are elected from ils membership as laid out in Ihe Memorandum and Articles ofAsso¢iation. The Trust can also co-opt trust68s lo sit on its board bul is not currently using this option. Halifax Opportunltles Trust owns a subsidlary company, HOT Enlerprlses Ltd and a dorrnanl subsidiary (Hanson Lane Enterprise Centre Lld). HOT Enterprises runs the business cenlre5 {Elsie Whileley Innovatluri Centre and Hanson Lane Entèrprise Cenlre) and gifts proflls lo Ihe parenl charity. An SLA is In place behveen the hvo enllties which covers HOT employment of stsff to run the cenlres on behalf of the subsldiary. Govèmance HOT is a regi$18r8d charity and a company limited by gLFaranlee. Board members are therefore both trustees of the charily and company directors. There are currenlly ten truslees. Elected trustees serve for a maximum of nine years and the co-opted trustees are co-opted annually. Elected trustÈes are elected by Ihe HOT membership at the AGM. Copopted Irustees are appoinled by the Board. All new Irustees rec8ive an indu¢lion pack and complete a registsr of interest document. Th8y are a150 provided wilh regular opportunilies for governance and s8clor specific training and d8velopmenl. The charlty's board meels quarterly and Ihe HOT Enterprises boaril mee15 every monlhs. In addition to these meetings there Is 8 Finance, Audit & Rlsk Committee and an Apprenticeships Committee. Special purpose task and flnish groups are formed lo meet specific needs. These meelings take place between formal board meetings to exp5ore issues in depth and help trustees and directors better understand Ihe changing environrnenl in which the organlsalion operates. Any such groups report back to the full Board. Currenlly there is a Queen's Road Neighbourhood Centr8 Projecl Group. 19-

HALIFAX OPPORTUNITIES TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 An annual away day is held for trustees and slaff al which future directlon and priorities ar8 agreed. The Strategy Plan is reviewed annually and each team produces a short operational plan which outlines key aclivilies for the year ahead. KPIS are drawn from these plans and are used as the basis for performance management within Ihe organisalion. The current Chair of HOT. Revd. Hilary Barber has com8 lo the end of his tnjslee term and is due to retire at the 2025 AGM. The current Treasurer. Leigh Burri)ws is Chair designate. Management HOT has a senior management team thal meels monthly to plan pan-organisallon81 operational aclivlty. The team is led by the Chief Executive. The Chief Exe.cutive and the senior managers report directly lo Ilie Board al the charily, committee and trading subsidiary board meetings. They produce written exceplion, risk Bnd recommendalion reports for these meetings and respond to questions and provide further infomalion as required. The senior team attend regular training and development opportunltie5 lo ensure they are keeplng iheir professlonal development up to dale. Rlsk management Senloi Managers produce a comprehensive Rlsk Managemenl Plan at the direction of Ihe board. Dalai18d scrutiny of the risk plan, inGludin9 emerging risks identified by SMT, is delegated to the FARC. This Committee agrees and summarises key rlsks which are Ihen presented lo the full board on a quarterly basi5 along with miligalion actions. The Plan describ8s HOTS approach lo risk managemenl and assesses the strategic risks for the organisalion, based on Charity Cornmission guidelines and using a RAG system. Red {hSgh level) risks are dealt with Immedlal8ly, wlth Amber being dealt with as soon 8s possible. Rlsks highllghted for 2024125 were all mitigated or negaled within Ihe year under review. Volunteer contributlon In addition lo the trustees. who are all volunteers, 37 people volunteer with HOT al the Oulback Garden helping to maintaln the 98rden,' grow produce; maintain the beehives,. cook meals and make pres8Nes,' run Ihe pantry., and run 9vents. Thls equates lo about 100 hours of volunteer support each week. for which we are hugely gra16ful. Compsny limited by guarantee Halifax Opportunities Tnjsl is a Company limited by guarantee {Company number 40892881 and a registered charity (Charity number lQ86183). The Company was incorporaled in England and Wales on 12th October 2000. Its goveming document is the Memorandum and Articles of Association. The Board's investment powers are subject Io such condllions and consents as may for the lime be imposed by law. Every m&mber of lh8 company undertakes lo contribute such an amount as may be required not exceeding £1 to the assets of the chaiilable cDmpany in the event of ils being wound up while he or she is a m8mber, or within one y6ar after he or she ceases lo be a rn8mber. The trustees. who are also the dlreclors for the purpose of company law. and who seNed during the year and up to the dale of slgnalur8 of the finanGlal sialements were: ZAAII H J Barber L Burrows R J Craven A Hamid H L Hunter S Hussain T Male C J Pindar A K Qvreshi G Rhodes S Sadiq R M Swe8nay J Bowers (Resigned 9 July 2024) (Resigned 9 May 2024) (Resigned 12 July 2024) (Resigned 23 September 2025> (Appointed 14 November 20241 -20-

HALIFAX OPPORTUNITIES TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Auditor In accord8nc8 wllh Ihe company's articles. a resolution proposin9 that BK Plus Audit Llmited be reappolnled as auditor of the company will be pul al a General Meeting. D15closure of infomiatlon to auditor Each ol the trustees has confirmed thal there Is no information of which they are eware whlch is relevant lo the audit, but of which the auditor is unaware. They have further confimied th81 they have taken appropriate sleps to identify such relevant inlomalioft and to establish Ihal Ihè auditor is awarè of such information. The trustees, reporl was approved by the Board of Trustees. H J Barber Truslee 21

HALIFAX OPPORTUNITIES TRUST STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The trustees, who are also the difectors of Halifax Opportunities Trust for the purpose of company law, are responslble for preparing the Trustees. Report and the financial ststements in accordance with applicable law and United Klngdom Accounting Stsndards (United Kingdom Generally Accepted AGcounting Praclice). Company law requires the trustees to prepare financial statements for each financial year which glve a true and fair view of the slatè ol affairs of the Charity and of the incoming resources and application of resour￿5. including Ihe income and expendlture, of the charilabl8 company for Ihat year. In preparing these financial ststemenls, the Iwstees are required to.. selèct suitable accountSng policies and Ihen apply thom consistenlly; observe the methods and prlnciples in the Charities SORP; make judgements and estimates that are re8son8ble and prudent; state whether applicable UK Accounllng Stsndards have been followed, subject to any material departures disclosed and explainèd in th& financial stalemer¢ts', and prepare Ihe financial statements on the going concem basis unless 11 1$ Inappropriate to presume that the Charity will conllnue In OPQfdtion. The truslees are responsible for keeping adequale accounting records Ihat disdose with reasonable accuracy at any tirne the financial position of the Charity and enable them lo ensure that the financial slatements cornply with Ihe Companies A¢1 2006. They are also responsible for safeguardlng the assets of the Charity and hence for laklng feasonab18 Steps for Ihe prevenlion and d8leclion ol fraud and other irregularities. -22-

HALIFAX OPPORTUNITIES TRUST INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HALIFAX OPPORTUNITIES TRUST Opinion We have auditad the financial stataments of Halilax Opportunilies Trust {the 'parent C£)mpany'l and it's subsidiaries Ilhe group) for the year ended 31 March 2025 which compri8e the consolidated statement of financial acllvities, the company and group balan￿ sheet, the group statement of cash tlows and notes to the tinancial statements, including significant accountin9 policles. The linanclal reportlng framework that has beén applied in their preparation is applicable law and United Kingdom Accounting Standards. including Financ4al Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland {Unlled Kingdom Generally Accepted Accounting Praclice). In our opinion, tho flnancial statements.. glve a Irue and fair vlew of the state of the group's and parent company's affair5 as at 31 March 2025 and of Ihe group's incoming f8SOUTce5 and application of resources, including ils income and éxpenditure, for the year then ended; have beèn properly prepared in accordance with Uniled Kingdom Generally Acceptsd AccountSng Practice; and have been prepared in accordance with Ihe requirements of the Companies Act 2006. Ba$1$ for oplnlon We conducted our audlt in accordancé with Intemallonal Standards on Auditing (UK) (ISAS (UK)) and applicable law. OUT responsibilities under those standards are further described in the Auditor's responsibilities lor the audit ol the financi81 statements section of our report. We are independenl of the group in accordance with the elhlcal rpquirtrnénls that are relevant to our audit ol the financial statements in the UK, Including the FRC'S Ethical Slandard, and we have fulfilled our other elhical re8ponsibilities in accordance wlth these requirements. We believe that the audlt evtdence we have obtained is sufficient and approprfate to provlde a basis for our opinion, Conclusions rolatlng to going ¢oncern In audlling the financial statements, we have concluded Ihal the trustees, use of the golng concern basis tsf accounling In the preparation of Ihe financial statements is appropriate. Based on the WOTk we have perfom)ed, we have not identified any material uncertaintie5 relating lo events or ¢onditlons that, individually or collecllvely, may cast significant doubt on the group's ability to Ccsntlnug as a going concern for a period of at least twelve months from when the financial 5ts1ements are authorised for15sue. Our fesponslbilltles and Ihe fesponsibililies of Ihe Iruslees with respect to going concern are de$crlbed In Ihe relevant secllons of this report. Other infomotion The other infomatlon comprises the Information Included in the annual report other Ihan the financial slalemenls and our auditors report thereon. The trustees are responsible for the other infonmation contained wilhin the annual report. Our opinion on the financlal slatemenls does nol cover the other information and. except lo the extenl othemlse explicitly staled in our report, we do not express any forrn of assuranc& conclusion Ihereon. Our responsibility Is lo read the other informalion and. In doin9 so, consider whether the othèr information 15 materlally inconsistent with the financial statements or our knowledge obtained in the course of the audll, or otherwise appears to be materially mlsstsled. If we identify such material inconsistencies or apparent material mlsstatemenls, we are required to determine whether Ihi5 gives rise lo a material misslatement in Ihe financial statements themselves. If, based on the work we have performed, we conclud@ that there is a malerial misstalement of this other inlormalion. we are required lo report that fact. We have nothing lo report in thi5 regard, Opinlons on other matters prescribed by the Companles Act 2006 In our opinion, based on the WOTk undertaken in the course of our audit- the informatlon given in the trustees, report for the financial yeai for whlch the firiancial slaternents are prepared, which Indudes Ihe diieclors. report prepared for the purposes of company law, is conslstent wilh th rinancial stalements., and Ihe directors. report induded within the Iruslees. repori has been prèpared in accordance with applicable legal requiremenls. -23-

HALIFAX OPPORTUNITIES TRUST INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF HALIFAX OPPORTUNITIES TRUST Matters on whlch we are required to reporl by ex¢eption In the light of the knowledge and underslanding of the group's and its environment oblained in the course ol the audit, we have nol id8ntified material misstatemenls in the directors. report included within the trustees, report. We have nothing to repori in respect of the following matters in relation lo which the Companies Act 2006 raguires us to report to you if, in our opinion.. adequate accounling records have not been kept, or Telums adequale for our audit have not been recèlved from branches not visited by us- or the financial statements are not in agreement with the accounting records and returns. or certaln dlsclosures of Iruslees, remuneratlon speclfied by law are not made., 01 we have not received all the informaliorl 8nd &xplanations we requir8 for our audit; or the trustees were not entilled to prepare the financial $1atemenls In accordance with the small companies r6gim8 and lake advantage of the srnall ¢ompanie$' exemptions in preparing the Iruste&s' report and from tho requiremenl lo prepare a strategic report. Responsibilities of trustees As explained more lully in the stslemenl of truslees. responslbilltios, the Irustees. who are also the di￿¢10[$ of the Charity for the purpose of company law, are responsible for the preparation of the finandal slaternent5 and for belng satisfied that Ihey give a true and f8ir view. and for such interrbal conlrol as Ihe trustee5 detemiine is necessary to ènable the preparation of financial slatements that are free from material mi5stslernenl. wheth8r due to fraud or error. In preparing the financial slatemenls, the trustees are fesponsible lor assessing the Charlty's abllity lo contlnue as a golng concem, disclosing, as applicable. matters related lo golng concern and uslng the golng concem basls of accounting unless Ihe Iru51ees Èither Inlend lo liquidat8 the charitable grotsp or lo cease operations, or have no realistic alternatlve bul to do so. Audltor's rasponslblllties for the audit of the financlal slatements Our objectives are lo obtain reasonable assurance about whether the financial slalements as a whole are fre6 Irom rnalerial mlssl8lement, whether due lo fraud or error, and lo issue an auditor's reporl thal includes our opinion. Reasonable assurance Is a high level of assurance bul Is nol a guaranlee thal an audit conducted in accordance wilh ISAS IUKI will always delect a malerlal mis5tat8ment when it exists. Misst81ements can arise frorrt fraud or error and are considered malerial if, individually or in the aggfegale, they cotsld reasonably be expecled to Influence the economic declsions of users taken on the basis of these financial slalem&nls. The extent to which our procedufes are capable of detecling Ir￿gUlaritieS. In¢ludlng fraud, is delalled balDW. A further description of our ￿spOnsIbIlitIeS is avallable on the Financial Reporting Council's website al: https,'Il www.frc.org.uklauditorsrgsponslbililies. Thls descrlption fomis part of our auditorfs report. -24-

HALIFAX OPPORTUNITIES TRUST INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF HALIFAX OPPORTUNITIES TRUST Our approach to Identifying and assessing the risks of material misstatement in respect of Irregulariligs, including fraud and non-cornpllan¢e with laws and regulations, was as follows= The engagement Partner ensured th81 Ihe engagement tèam colleclively had Ihe appropri3ta competence. capabilities and skllls to identify or recognisp non-compliance with applicabla laws and regulations,. We identified the laws and regulations applicable to the group through discussions with directors and other management, and from our commefcial knowledge and experlence of the induslry sector.. We focused on specific laws and regulations which we considered may have a direct malefial effect on th8 fknancial statements or the operations of the group. including Ihe Companles Act 2006. taxation legi51alion and data protection. anli-bribery, employmenl. environmenlal and health and safely legislation,. We assessed the exlenl of compliance with the laws and regulations Identified above through making enquiries of management and inspecting legal correspondence., and Ensured laws and regulations were communicaled within the audll learn r8gularly and the team remalned alert to instances of non-compliance throughout the audit. We assessed Ihe susceptibility of the group's financlal slaleménts to material misstatement, includin9 obtaining an underslanding of how fraud might occur. by: Maklng enquiries of manag6menl as lo where they considered there was a sus¢eptibility to fraud, thelr knowledge of actual, suspected and 8lle9ed fraud., Conslderlng Ihe Internal controls in place to mltigale rlsks of fraud and non-compllan¢e wlth laws and regulatlons., and Understanding the design of the group's remuneration policles. To address the risk of fraud through management bias and override of controls. we: Performed analytical procedures lo identfy any unusugl or unexpected relatlonships: Te51ed journal enlries lo idenlify unusual transaGliong Assèssed whether judgemenls and assumptions made In delermining the accounting estimales set out in note 2 were indicative of potential bias., and Investlgaled the rationale behind slgnificanl or unusual transactions. In response to the risks ot irregulartlies and non-compliance wilh laws and regulalions, we desl9ned procedures which Included, but were not Ilmiled to.. Agreeing flnan¢ial slalement disGlosur8s lo underlyirvJ supporting dooumentatson., Reading the mlnules of meetsngs ol Ihose charged with governan￿., Enquiring of management as to actual and potenlial litigation and claims., and Reviewing coirespondence with HMRC. relevant re9ulator5 and the group's legal advisors. There are inherent limitations in our audit pmcedures descJibed above. The more removed that laws and ie9ulalions are from the financial transactions, the less likely il is that wo would become aware of non-compliance. Audrting standards also limit the audii procedures required to identify non-compliance wilh laws and regulations lo enquiry of the directois and olher managemenl and the inspection ol regulatory and legal correspondence, if any. Materlal misslatements that arise due lo fraud can be harder to detect than those thal arise from error as they may involve dellberale concealment or colluslon. -25-

HALIFAX OPPORTUNITIES TRUST INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE MEMBERS OF HALIFAX OPPORTUNITIES TRUST Use of our report Thls report is made solely to the tharitable group's members, as a body, In accordance wlth Chapter 3 01 Part 16 of the Companles Act 2006. Our audit work has been undertaken so that we might slate to the charitable group's members those matters we are required to s1ale to them in an auditor's report and for no other purpose. To the fullest exlent permitted by law, we do not accept or assume responsibility lo anyone other than the charitable group and the charitable group's members as a body, for our audit work. for Ihls report. or for the opinions we have formed. Viclorla Atklnson FCA (Senior Slatutory Audltorl For and on behalf of BK Plus Audil Limiled. Slatulory Auditor Chariered Certlfied Accountants 52 Sl Johns Lane Halifax Wesl Yorkshlre HX12BW England Date.. e Iflvl hithA li m,tcd

HALIFAX OPPORTUNITIES TRUST STATEMENT OF FINANCIAL ACTIVITE5 INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 I1￿RCH 2025 Ti>tsi fvDds 2025 2tTr25 2024 2024 12B.B94 128.594 103239 103.289 6ervths 44.090 376.349 230,357 354.657 585.014 3221 37&1 166.289 4.542 378.177 3.216,B37 $44,468 165J.743 24.e42 442.138 IS6,042 3.09S.681 IJO.884 19.424 19.425 1,279 682.914 fA1914 7ri.oJo 727.6JQ 20,267 20267 19￿0 4.263.3$7 705.895 4.969.252 3.760.610 953.087 4.713.757 Exptnditiffe on.. ch S9.614 1742 103 188.82J 327.374 5.518 387.018 ?.747.671 54.093 169,875 2294.072 178.JTO 559.191 44O.Cty)4 S29,066 2,742.078 313,557 504.974 065.016 3.752 ,788 665.018 419.200 841,267 250 419.458 641.367 T•l•l ¢lt•rtal4• •xp•ndtsrn 4.180.S66 713.949 4.074.515 3.r02,89J 942,625 4.616.524 N•1 Inc4Yn• 101791 .055 94.7)S 5T.782 10.461 68243 -53.304 S.J30 .20.790 -20.790 87.oc 22ryJ.000 1letmoy0￿1tt 2.YJ8,121 2JQO. 70,628 134.4S3 Fund at 1 Aprl 2W43 U06y7 71J75 2j17￿22 223S.919 7.550 2243.469 4.614.658 63,321 4.$77.989 2.￿.54? Y1,375 2,877,922

HALIFAX OPPORTUNITIES TRUST GROUP AND CHARITY BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2025 GROUP CHARfr 2025 2025 2024 Notes Flxed assets Tangible assets Invesknents 14 3.682.228 1.574.389 3,5S3,863 101 1,424,411 101 15 3,682.228 1.S74,389 3.553,984 1,424.512 Curyent assets Debtofs Cash at bank and in hand 16 204,911 1,842,518 328,970 1.34S,122 329,838 1,520,746 420,660 1.019,952 2,047,430 1.674.092 1.850.584 1.440,612 Crpdilfffs . 4mounts falling *ithin one y•ar 17 (1.019.913> (833,474} 1892,468) 1868,504> N•t curyent assets 1,027,516 840.618 958.116 772.108 Total ass•ts ￿s6 curyetht liabli ities 4.709,744 2,415.007 4,512,080 2,1%,620 Ponslon s¢hem• l¢abllity 19 Provlsions for Ilabiliti 18 131.755) (37.0851 Net assets excluding pension liabillty 4.677.989 2.377,922 4,512,080 2.196.620 The luThds of the charity Restnded fvnds Unrestrt'cted fijnds 63.321 4.614.668 71.375 2.306,547 63,321 4,448.759 484,318 1,712.302 21 Fund tkalan¢e8 at 31 ma￿ 2025 4,677,989 2,377,922 4.512,080 2.196,620 lo. 11 Zs The financtal sfaternents ￿re approved by Ihe Iwslees on.................. (w HJBathr Trt￿tre Company ¢egistration number 04089288 {ErvJtand alld Walesl -28-

HALIFAX OPPORTUNITIES TRUST CONSOLIDATED STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flows from operatlng activltles Cash generated from operations Tax paid 27 482,901 5.330 155,244 20,790 488,231 134,454 Investlng a¢tlvltle8 Purchase of tangible fixed assets Investment income received 11,104 20.267 98,892 19,840 Net cash generated fromllused In) Investlng aclivlties 9,163 79,052 Net cash used In financing activitles Ngt Increase in cash and cash equivalents 497,394 55,402 Cash and cash equlvalents at beginning of yeaf 1,345.123 1,289,720 Gash and cash equlvalents at end of year 1,842,518 1,345,123 29-

HALIFAX OPPORTUNITIES TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policles Charity Informatlon Halifax Opportunities Trust is 8 private company limited by guarantee incorporated in England and Wales. The reglstered office is , Hanson Lane Enterprise Centre. Hanson Lane, Halifax. Wesl Yorkshire, HX15PG, United Kingdom. 1.1 Basls of preparation The financlal slalements have been prepared in accordance wlth the Charity's governing document, Ihe Companles Act 2006, FRS 102 "The Flnancial Reporting Stendard applicable in the UK and Republlc of Ir8land" and the Charities SORP "Accounllng and Reportlng by Charities.. Stalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 102)" The Charity is a Public Benefit Entity a5 defined by FRS 102. The financial slat8m8nts are prepared in slerling, which is the fun¢honal currency of the Charity. Monetary amounts in these financial slalemenls are rounded lo the nearest £. The financial statements hav8 been prepared under Ihe historical cosl convention, Imodified lo include the rev8lualion of freehold properties and to include inveslment properties and cèrtain financlal instruments at lair value]. The principal accounting pollcles adopted are set oul below. Group f5nancial statemenls The Statement ol Financial Aclivilies (SOFA) Bnd b81ance sheet consolidate th8 fin8nci81 statements Df Ihe Charity and ils subsidiary und8rtaking. The resulls of the subsidiary are consoli¢Yated on a line-by-llne basis. The Charity has availed itself of Paragraph 3 (3) of Schedule 4 of the Companies Act 2006 and adapted the Companies Act formals to Teflect the special nalure of the Charity's activities. No separate SOFA or Income and Expendllure Account have been presented for the Charity alone as permilt8d by sectlon 230 of the Companles Act 2006 and paragraph 327 oflhe SORP. 1.2 Going concern Al the Ilm8 of approvlng the financial slatemenls, the Iruslees hav8 a reasonable expectation that the Charity has adequate resources to continue In operalional exlslence for the foreseeable future. Thus the Iruslees continue to adopt Ihe going concern basis of accounting in preparing the financial slatements. 1.3 Charltable funds Unrestricted funds are available for use at Ihe discrelion of the trustees in furtherance of Ilieir charitable objectsves. Restricted funds are subjecl to Specific conditions by donors or grantots as to how Ihey may be used. The purposes end uses of the restricted funds are Set out the noles lo the financial slatemenls. Endowmgnl funds ar8 subject lo specific condllions by donors that the capital must be mainlained by the Charily. 1.4 In¢ome Income is recognised when the Charity is legally entitled lo il afler any performance conditions have been mel, the amounts can be measured reliably. and il is probable Ihat income will be received. Cash don81ions are recognised on receipl. Other donations are recognised once the ChaTity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations recelved under Glft Ald or deeds of covenanl is recognised at the lime of Ihe donalion. Legacies are recognised on receipi or otheNise if the Charity has been notified of an impending distribution, Ihe amount Is known, and receipt Is expected. If the amount is nol known, the leg8Cy IS treated as a conungent asset. -30-

HALIFAX OPPORTUNITIES TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcl•s (Continued) 1.5 Expendlture Expendilure is recognised once there Is a legal OT constructive obligation to Iransfer economic benefit to 8 third paty. it is probable that a transfer of economic benefits will be required in setUern8nt, and the amount of the obligalion can be measured reliably. Expenditure is classified by aclivity. The cost5 of each activity are made up of the lolal of direct costs and shared cosls, Including support costs involved in undertakSng each activity. Direct costs attribulable to a slngle actlvlty are allocated directty to that aclivity. Shared costs which ¢onlrlbute to more than one actlvity and support Costs whlch are nol attributable to a single acllvity are apportioned b¢￿een th05e actlvitles on a basis consistent wlth the use of resource5. Cenlral staff costs are allocated on the basls of time spent, and depreclatlon charges are allocaled on Ihe portion of the asset's vse. 1.6 Tanglble flxed assets Tangible fixed assets are Initially measured at cost and subsequenlly measured at C05t or valuatlon, nel of deprocSalion and any impalrment losses. Depreciation is recognised so as lo wrlte off Ihe cost or valuation of assets less thelr residual valups over Iheif useful lives on th¢ following bases.. Leasehold land and buildings Flxtures and fittings Cornpulers Molor vehicles Kitchen equipmenl Office Equipmènt Over the lemi of the lease 15% on cost 33?A on cost 330A on cost 15Yo on cost 15% on cost The gain or Ioss 8ris5ng on the disposal of an assel is delefmined as the dIffe￿nCe betwegn the sale proce8ds and the carrying value of the asset, and is recognised in the slalement of financial activllles. 1.7 Fixed asset Investrnents Flxed assel investments are iniliaEly measured al transadlon price excluding transaction costs. end are subsequently measured at fair value al each reportlng date. Changes in fair value are recognised in nel incomel(expendilurel for the year. Transaclion cosls are expensed as Incurred. A subsidiary Is an entity controlled by Ihe Charlly. Control is power to govem the financial and operaling policies of the entity 50 as to obtain benefits from its acllvities. 1.8 Impairrnent of flxed assets At oach reporting end dale. the Charity reviews the carrying amounts of Ils tangible assels lo delemiine whether the￿ is any indication that those assets have suffered an impaim)enl Ioss. If any such inditalion exists, the recov8rablè amount of the assel Is esb'mated In order lo detemine the extent of the Impaimient loss (if any). 1.9 Cash and cash equlvalents Cash and cash equivalenls include cash in hand, deposits held at call with banks, other short-term liquid investments with original malurities of three months or less, and bank overdrafls. Bank overdrafts are shown within borrowings in current Ilabilities. 31

HALIFAX OPPORTUNITIES TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢countlng pollcies IContinu6d} 1.10 Financial instruménts The Charity has elecled lo apply the provisions of Section 11 'Basic Financial Instruments. and Section 12 'Othér Financi81 Instfumenls Issues, of FRS 102 to all of its financial instruments. Financial instruments are recogni5ed In Ihe Charity's balance sheet when Ihe Charlty becomes party io the ontra¢tual provislons of the instrument. Flnanclal assets and Ilabililies are offset, with Ihe net amounts presented in the financial statements, when Ihere Is a legally enforceable righl to set ofl the recognised amounts and there is an intention lo settle on a net ba51s or to rBalise the asset and setlle the liability sirnullaneously. 8asiG flnan¢lal assets Besic financial assels, which include debtors and cash and bank balances, are initially rneasured 81 transaction price includin9 transaction costs and are subsequently carried al amortised cost using the effective interest melhod unless the arrangement constllutes a financing tran5aclion. where the Iransaction is measured al Ihe pfesent value of the futurè receipts discounted at a maTkel rate of interest. Financial assets classified a5 receivable within one year are nol amortised. Basic financial Ilabllitles 8a51c financial liabilities. including credilors and bank loans are inillally recognised al transaction price unless the arrangement constitutes a financing Iransacllcn, where the debl Instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabililies dassifièd as payobl8 within one year are not amortised. Debt Instruments are subsequently carried al amortised cost, uslng Ihe effective inleresl rale methtjd. Trade creditors are obligations lo pay for goods or serylces Ihal have been acquired In the ordlnary course of operaliens from Suppliers. Amounts payable are classified as current liabllilies if payment is due wilhin one year or less. If not, Ihey are Presented as non-current liabililles. Trade crediloTS arè recognised Initially at transaction price and subsequently measured at amortised cost uslng the effective inleresl method. Derecognition of Ilnancial Ilabllltles Financial liabiltties are derecognlsed when the Charity's contractual obligations expire or are dlscharged or cancelled. 1,11 Employ•e beneflt5 The cost of any unusod holiday entstlement is recognised in the period in which the employee's servlces are received. Tofmination benefits are recogni5ed immediately as an expense when the Charity is demonstrably committed to terminate Ihe employment of an employee or lo provide temlnation benefits, 1.12 Retirement benef(ts Payments lo defined conlribulion retirement benefil schemes are charged as an expense as they fall due. -32-

HALIFAX OPPORTUNITIES TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Critical accounting estlmalès and Judgemenls In Ihe appllcalion of the group's a¢counU"ng policies. the trustees are required to makejudgements, ¢51imates and assump￿ons about the carrylng amount of assets and fiabililies that are not readily app31enl from other sourc*s. The estimates and assoclated a$sumptions are based on historical experience and other factors thai are considered to be relevanl, Actual results may differ from thèse eslimales.IIThe esb"mates and underfylng assumptions ale reviewed on an ongoing basis. Revlsions lo accounting estlmat6S are recognised in Ihe period in which the esl¥nate is revised where thè revlsion affecis onty th81 pa￿0d. Dr In the perlod of the revislon 8nd Iuiure periods where Ihe revision affects bolh curienl and future pefiods. Incoffle from donatton$ andlggacles Unrestricted Restricted lund$ funds 2025 202S Total Unrestylded Re8trict&d funds funds 2024 2024 Totsl 2025 2024 DonaJons and k9#eles Grants rec&iv8d 1,938 127,057 1.938 127,057 74 103,313 74 103,313 Total In¢omo 128,994 128,994 103,239 103.239 Grants racolvabl• for core actlvltles Nation81 Mllk Grant Scheme Slaylng Well Piolecl 1.070 125.987 1,070 125,987 2,069 101.244 2,069 101,244 127,057 127.057 103.313 103,313 33-

HALIFAX OPPORTUNITIES TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Incomo from charitsble a¢tiviti•s Provlslon of employrnen( èducation and training seryic•$ Provision of childcare and fafflily $upport $eNices Promotin9 MAna9emont he31th and adminlstTation wellbeing and mèmb¢rnhlp 2025 2025 2025 2026 2025 Chèfitsble aclivilies income 376,349 3.216.837 544.466 19.425 4.157.076 376.349 3.216.837 19.425 4,157,076 Anllysls by fund Unrestrictgd funds Reslricled fund¥ 44,090 332.260 3.221.379 4,542 166.289 378,177 19,424 3,451,182 70S,895 376.349 3,216,837 544,466 19.425 4.157,076 Provlslon ol Provlslofft of Promotlng 2024 Managemont 2024 Total 2024 2024 2024 Charilable activities income Managemenl fees reeeived fiorr 585.014 3.095,881 180,884 1,279 3,883,058 585,014 3.095,881 180,884 1,279 3,863,058 Analysls by fund Unrestrided fvnds Restricled funds 230.357 354,657 2.653,743 442,138 24,842 156.042 I,Q29 250 2.909,971 953,087 585,014 3,095,881 180,884 1,279 3,863,058

HALIFAX OPPORTUNITIES TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 OthÈr tradlng activFtios Unrestricted lunds 2025 Unre$tri¢tsd funds 2024 HOT Enterprise¥ Limited 662.914 727,630 862,914 727,630 Income from Snvestments Unre$tri¢ted fund$ Vnr*¥trioled fun41$ 2024 2025 Interest fecelvable 20,267 19,840 20,267 19,840 -35-

4> TJ qi O It* Lb ljjgilialil: Iii k Il Ill

HALIFAX OPPORTUNITIES TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Other trading Costs Unre5trieled fund5 un￿$tri¢l¢d funds 2024 2025 HOT Enterprises Limited 865.018 641,367 665,018 641.367 Supporl costs ollo¢atgd la a¢tlvltF•s 202S 2024 Goveman¢& costs 89,354 32.488 AnJly8¢d between.. Provlslon of employment, educallgn tralning s•ryi¢es Provlslon of chlldcar8 and famlty support $8Mces PrornotlDg heallh and wellbeSng Manggemenl adrnlnlstr8lion and mernbeTship 16,276 11,538 3.000 7,993 9,957 73.078 89.3S4 32,488 10 Net mov¢m¢nt In fund8 2025 2024 The nel movemersl In fijnds Is slaled after charglngl{cfad•ting Fees payable for the audil of the charitls financial $l•lerntrnts - Audit sérvlces 08preaalioTr ol owned tanglble flxed a5Stts 12,074 103.264 12,649 e7,532 11 Truste¢s None of th• trusl8es (Dr any p8rsons connected wlh Iheml rgcelved any rernuneralion or benefi15 from the charlty duilng th¢ yoèr. Trustees indemnily Insurance ¢over iaduded ¥￿thIn ihe chariws rnain Insurance policy, huwtsver Ihe pre￿￿￿rn pald Is nol sep8ral¢ly Identifiable from the lolal c051 Incur￿1. Twslee$ expenses No trustee5 expense5 were pakl during the rtn8nci81 year. -37-

HALIFAX OPPORTUNITIES TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Employoes The averag¢ monthly numbei of employe95 during the year was.. 2025 Number 125 25 2024 Number 145 16 12 harilable Activitie5 AdmlnSstralive Governance 157 173 Employm•nt ¢08ts 2025 2024 Wages and salaries Spclal secuirty Costs Other pènsion cost5 3,225,371 285,686 88,174 2,975,735 226,829 77,482 3,579,231 3,280,046 rhe rernuneration of key management personnel was as lollows.. 2025 2024 Aggregate compensation 297.669 332,855 13 Taxatlon The charitylg exempt Ifom taxation on its activities because all ils income is 8pplied lor chantable purposes Tax ¢harges 5h¢)wn rel818 lo defeffed tsx and corporation lax applied lo the IradiryJ subsldiary HOT Enterprises Limited -38-

az8

HALIFAX OPPORTUNITIES TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Fixed asset IDvestment5 GROUP CHARITY 2025 2024 2025 2024 Market Value Al 1 April 2024 bnd 31 hA8rch 2025 101 101 Net Book Valu# Al 31 March 2024 and 31 March 202S 101 101 There were no Investment assets (MJt$lde Ihe UK. The compen￿3 tnvesknÈn18 al Ihe balancè sheet dèle irbdude Ih¥1gllowing Hanson Lane Enter Lirnlled rls• Cèn OT Ente rises LSmlttd Clas5 of Share % Holdlng Nature of buslness.. Ordlr*ary 100% Dormènl company Ordlnary 1 OQYO FrO￿&10n of hIgh￿Valty modem iikspa¢4. mm 31103125 31103124 31103125 31103124 Turnover Total Expenditure Taxation 7S8.413 1779,1361 5.330 816,278 1774,83S) (20,7YO) 115,3931 20.653 Donation lo parenl charfty (Pald In Yearl 115,3931 20,653 mma olas el and liabilities.. Assets 528,507 1362,5051 648,689 1367,2941 166.002 181.395 16 Debtors GROUP 2025 CHARITY 2025 2024 2024 Tra(Jo deblors Amounts owed by group underlakings Oihar deblor5 Prèpaymènts aThJ acmiod incom 124.096 284,226 62,501 203,300 275 63.782 218,367 165.238 275 79.941 44,744 37.0 204.97 f 328.970 329,838 420.660 -41-

HALIFAX OPPORTUNITIES TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS ¢CONTINUED> FOR THE YEAR ENDED 31 MARCH 2025 17 Creditors GROUP 2025 CHARITY 2025 2024 2024 Other lax81ion dnd social securlty Trade Cfedilofs Other creditors A¢¢ru818 and delerFed In¢ome 53.528 122,259 37.770 806.356 9),950 60,685 9,827 6S2.012 53.S28 96,148 25.078 717.715 55,781 51,175 9,827 551,741 1.019.913 833.474 892.488 668,504 18 Provl$lon for Ilablitl•g GROUP 2025 CHARirY 2025 2024 2024 Deferred tsx 31.755 37,085 19 P•nsi¢n 8cheme liability GROUP 2026 CHARITY 2026 2024 2024 Penslon scheme Movftments on provl$ion$: GROUP CHARirY 2026 2025 2024 2024 At 1 April 2024 Other movements 87.000 87.000 87.OOD 87,000 At 31 March 2025 Retlrernent benefft Fchemo$ 202S 2024 2024 2023 Dgfined contribution $ch•m•$ Ch8rge to prof￿ or loss in respect of défined conlribution schen 83.099 77,482 77,482 81,357 The charity operales a defined conlribulion pen¥ion stheme for all qualifyiNJ empws. The assets ol Ihe sehome are held separately from th95e ol the charity in an independently administered lund -42-

HALIFAX OPPORTUNITIES TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Retirement beneflt schemes (Contlnued) The charity is a member of a defined benefrt scheme with The Wesl Yorkshire Pension Fund. The West Yorkshire Pension Fund Scheme is funded and contracted out of the stale scheme. The last tri- anntsal valuation of the scheme look place at 31 March 2022 and was undertaken by professlonally qualified acluaTies, AON Hewitt, using the projeGled unil method. The Charity has pald for a valuatton of its scheme os al 31 March 2025 and the figures below are based on Ihat valuation. The notional value of the liabilities of Ihe charity's share of the scheme at 31 March 2025 was £3.972,000 the present value of Ihe assets was £3.141,000 leaving a net pension surplus of £25B.000 3131 March 2025, after deducting unrecognised asset of £573,000. Contributions The emp5ciyer contributions made lo the scheme during the year were £Nil12024-. £Nil). £NII was unpaid at the year end. The employers regular contribulions to the Fund for the accounting period ending 31 March 2025 are esllmaled lo be £Nil. ss tions The lalesl actuarial valuation of the Charity's liabilities look place as al 31 March 2022. Liabilities have been estima18d by the independent qualified actuary on an aduarial basls using the projected unll cr8dit method. Tlie princip81 assumptions used by the actuary in updating the lalest valuation of the Fund for FRS 102 purposes were: 31 March 2025 {'A) 5.80 2.50 2.50 2.50 3.75 31 Mar h 2024 l°/tr) 4.80 2.60 2.60 2.60 3.85 Discount rat8 Inflation CPI Pension Sncreases Pension accounts revaluation rale Salary increases ectÉd return on assets The approxlmale split of assets for Ihe Fund as a whole (based on data supplied by the Fund Admlnislerlng Aulhorityl is shown in Ihe table below. Also shown are the assumed rate5 Of r81urn adopted by the Employer for the purposes of FRS 102. The charity employs 8 building block approach in determining the rale of relurn on Fund assels. Historical markets are sludied and assets wllh hlgher volatility are assumed lo generate higher returns consistent with widely accepted capital markel principles. The assumed rale of return on each asset class is SÈI oul within this note. The overall rate of return on assets is then derived by aggregating the expected retum for each assel class over Ihe actual assel allocation for the Fund al 31 Marth 2022. Assel splil al 31 March 2025 (•h> 79.3 Asset split at 31 March 2024 {°/o) 79.0 Equities Property Government bonds Corporate bonds Cash Other Average Return ITotal 100.00 100.OD -43-

HALIFAX OPPORTUNITIES TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Retlrement benefit schemes (Continued) Reconciliation of funded status lo Balance Sheet Value 2s at 31 March 2025 ooo. 3.972 (3,141) 831 (573) 258 Value as al M8Tch 2 24 £00 4,252 (4,170) 82 Fair value of as5els Presenl value of fvnded liabilities Penslon assel l (liability) before consideration of paragraph 41 Unrecognised asset due to limit in paragraph 41 Net pension ass8tl{liability) 82 Anal sls o rofit and loss ch Period endin 1 March 2025 Operatlng cost: Currenl service cost Past service cost Intere81 Cost Curtailment cost Settlement cost Finanelng cost.. Interesl on net defined benefrt liabillty l (asset) Penslon expense recognlsed In SOFA 40 (51 35 lo Ihe resent val eof b nefil obli alion Period endin 1 March 2025 OOO'S 4,170 40 Opening defin8d benefll obligation Current seNi¢e cost Inleresl expense on defined benefit obligation Conlributlons by participants AclLtarial (gains) I losses due to changes In flnancial assumptlons Actuarial (gains) I losses due to changes in demographic assumptions Actuarial (gains) I losse5 due to liab￿lty experience Net benefi15 paid out Past seNice cost Net increase in liabilities from disposals l acquisitions Curtallment cost Settlements Closlng deflned bonefit obllgatlon 13 {77) {29) (2181 12591 3,141 Chan e fair valu8 of assets Period endin 31 March 2025 OOO'S 4,268 199 (2491 Opening falr value of assets Interest In¢oma on assets Re-measuremenl gains l (losses) on assets Contribulions by the employer Contributions by partlclpanls Net benefits paid out Net increase in assets from disposals and acquisitions Settlements Closing fair value of assets 13 {2561 3.972

HALIFAX OPPORTUNITIES TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Restrlcted fund$ The reslricled funds of the Cha￿ty Gomprise Ihe unexpended balances of donations and granls held on Ift￿1 subjtsct lo specifi conditions by dunors as lo how they may be used At l April 2024 Incomlng Resources Resources Transfers expended At 31 March 2025 Act￿& Calderdale ArchileGlyral Heritage Fund - QRNC Arches (Ernploymenll Buildlng Beller Qpportunilies- Hopeful Families Calfund Celebr8ting Cvlluf81 HamTh)ny, Qawall UKSPF Community Support Offi¢er PINS UKSPF Famity Hubs Elsle Whileley Innovation Centre ESOL.. Syrl8n Famlllas Food Parcel Delivery. Covld 19 Greener Together Groundwork. Steps lo work Groundwork- Make 51 work In¢luslv¢ Ec¢nomy Individual Fund Innovatlon Fund Insplre 1s010150ft Fund 1.955 10,000 (1,9551 110,0001 920 920 4,724 1.312 1.000 12) 113,5431 4,112 12.340) 124,213) 16.870) 140,521) 1,312 1.¢YJO 24.213 6,870 40.519 113.543) 9.001 4,8891 412.943 1412.9431 83.733 183,7331 2.254 14,956 3.148 2.254 14,956 3,146 1.149 {1,1491 4D.000 13.202 224 55,599 140,0001 113,2021 12241 155,599> 586 8.862 8,862 141 713 712 (122) Moemllllan Maximus MicTo Grants SWYPFr Moving FoThv8rd Togelher Mulllply NHS Hospllal Recrullrnenl Event Place Based Soclal Arlion Post Cancer Supptsrt Projects- Conllgency Pol SocSal Action Hub Slaying Well Project stop Smokiro Campalgn T8ndrusll Project The Buzz Projtscl Tho Spacè Rastrlck The Workshop Income Thriving Communities Partnership Furtdlng Together Calderdale Project UKSPF- Maln Contract UKSPF- UKSPF Plot lo Platè UKSPF - Financial Resilience UKSPF- Funded Boolhlown Community Event UKSPF- Wèlking Roule UKSPF-Cullural and Enterprise Funds UKSPF Queens Road Neighbourhood Cenlre UKSPF Boothtown Heritage Trail VCS- ESOL Ya8dein Community Fund 129.898 7,826 (3,0531 (130,0201 17.8261 13,663 279 10,630 279 1.724 {1.724} 2.250 2,250 54,669 10,632 7,454 154.6691 {10,6321 {3971 7,057 10,507 10.507 5.000 21,442 976 (8751 (21,4421 (9761 4,125 3,584 3,584 829 829 993 {4121 62.555 (9931 412 (62,5551 295 295 137) 1371 18,158 10.000 6.n7 102,012 78,400 19,005 7.477 118,1581 (10,0001 (6.7371 (102,0121 {82,8601 (19.005) 17.477} 1657) (4,4601 16571 484.319 815,248 .823,302 412.943 63,321 Jii.. Charity Group 484,319 71.376 815,248 815,248 823,302 823,302 412,943 63,321 63,321 -45-

HALIFAX OPPORTUNITIES TRUST NofES TO THE CONSOLIDATED FINIANCIAL STATEMENTS (CONTINUED) FQR THEYEAR ENDED 31 MARCH 2024 20 RestrS¢ted funds (Cont1n￿ed) At q Aprll 2023 In¢oming Resources Resources Transfers expendtd At 31 klaTch 2024 Acllve Calderdale ARCF4ES IEmploymentl Building 8ell6r Opportuniiles- Hopelul Farn￿leS The Buzz Proltcl CAL ESOL Caifund CÈlebrntSng CulluTal Harmony, Qawall Cofftmunlly Organisers Connecling Opportunilies EEF Conlres . Jubilee hJurFery EEF Cenlres . Siddal Nlursery EEF Cenlres - Sowerby New Road Nusery DEFF EEF Cenlres . Todmorden NuYs8ry E15ie Whileley Innovalion Cenlre ESOL.. Syrian Families Food Parcel Dellvery. Covid 19 From HOT lo COLD . R8du¢ing our Cawbon F¢)ulptht Greener Together Grounob40rk - Slaps lo work Inclusive EcLinomy Individtjal Fund Innovallon Fund Inspir& Kl¢kstsrt Lillle Gems Nursery M8cmSllan Micro Granls SW<PFT Movlng FoTrJard Togelhef Mulllply Nelghbourhood Leamlng D8privod Cornmunilles NHS Hospii81 Re¢rvltsnenl Evenl Pl3Ge Based Soelal Acllon Prayèr M81s Ic) Gym Mal$ Prolecls AH Social A¢bon Nub Tandwsli Project The Space Raslrlck Th8 Workshop Income Thr(ving Communllie5 Partnershlp Fundlng Together Galderd¥l¢ Projed UKSPF. GTe8n Audit UKSPF- Ualn Contract UKSPF- UKSPF Plot lo Plate UKSPF- Flnancial Resillence UKSPF- Walklng Roulre VCS- ESOL (12.041) 2,750 920 7,754 261 12,7661 12,057 920 7.064 8.720 19.327) 1261) {83) 127) 1,339 27 (27) 35.715 2.073 (35,7151 (1.0731 1591 12411 (255,8061 (44.0541 130 (85,3601 1,312 1,000 59 36,OOf 11,990) 399 15,005) (35.760} 1,990 1399} 4,875 255,806 44.054 85,360 412.943 1711 2,254 (4,6571 14.956 3.148 586 412,943 134,763 1134,7631 71 2,254 4,657 8.081 (8,0811 14,956 3,148 586 61,699 250 1,068 {61,6991 12501 {1,068} 8,862 713 19381 8,862 713 56.917 427 13,683 43,107 970 {62,914 (4271 6,935 13,683 279 142.8281 19701 1831 83 2,250 60,675 2.538 5,089 2,250 {60.675) 12.538) 15,089) 10.507 10,507 65,334 165,334) 3.584 3.584 207 143 1,441 1207) 1143) (1,146) 190) (41,017) {37) 16701 12201 (17,8451 295 (90) 180 41,017 137) 670 220 17,845 420.494 953,087 1942,6261 53.364 484,319 Charlty Group 420,494 420,494 953,087 953,087 (942,626) {942,626) 53,364 53.364 484,319 484,319 -46-

HALIFAX OPPORTUNITIES TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 21 Unrestrlcted fund8 The unreslricièd funds of thè charhy eomprf68 ￿￿xpended balances of ¢JOnat￿n$ and gTrnis which a￿ nol sublecl 10 5perifr¢ Gondilion5 by donors 8nd gran1ors as to how they may be used. These Indud• de$ignaieLI fvnds which have been Set a$ide oul of nrestricted funds by Ihe IrtsJtee$ for 5peCrf￿ purposes. CHARITY: At 1 April 2024 R•8our¢•• •xpond•d TraAsf•i8 Galn$ and lossfr$ At 31 Mar¢h 2025 R•Éoufc•s Gener81 Fund$ Dèsignated- Houslno Fund Rèvaluallgn rès8rv& DoslgThated fund￿¢￿tbaCk ruming 300.402 83.SOD 1.328.400 4.07S.598 13.888.485) 370.943 858,458 B3,500 3,464.80D 42,000 163,61)0) 2,200,000 42,000 1.712.302 4.075.598 (3.952,0851 412.943 2,200,000 4.448.758 GROUP: At 1 Aprll 2.024 Ineoming Re$oure R•sourc•6 •xp•ndgd Tiansf•rs At 31 March 2.025 loss G?neral FvnO8 DesvJnaled- H0116ing FL￿d Rev8lu8tion rese￿8 Deslgn4led fvrtd.04rtbark runmg Penslon res¢rve 894,647 83.$00 1.328.400 4,263.3S7 14,133,638) 1,024,38B 83,500 3.464.800 42,000 (63,8CKI} 2,200.000 42.000 2.306.S47 4,263,357 14.197,2361 42,OOD 2,200.OOD 4,614,668 HARITY: At l Apill 2,023 Incomifig R•sour¢•s R•sour¢ •x￿nd#d Tr•n•f•TS G¥lns Ind 10sse• Al 31 Mat¢ 2,024 G•n•ral Funds Doslgnaled- Hots$lng Fund Rev8lvallon Te$eNo P•n8lon reservt 260.128 150.000 1.339.200 I87,[￿) 3.421.783 13.394.W) 13,136 ie6,SOO) 300,402 83,$00 t.328.400 110,800) 87,000 1,662,32 3.421.7B3 13.405.445) 153.364} 87.000 1.712,302 GROUP: At 1 ApTII 2,023 In¢omlng R•sourc81 Resources •xp¢ndefl riafislers Gain6 and 10s•es At 31 Mofch 2,024 General Fund$ Dèslgnated - Ptousing Fvnd R¢ValUa￿on reserv8 Pension feseN¥ 833.719 150.000 1.339.200 187,11001 3,760,680 <3.712,8881 13.136 186,5001 894,647 83,500 1,328,400 87,000 2.235,919 3.760.680 {3.723.6881 153,3641 87,th)0 2,306,547 fe￿ betw••N fund$ Tronsfers tsets￿en lun¢J$ reP￿sent the movemertt of year end bttlance$ le18￿"n9 to projects thal h8vo ended arKI Ihe closln9 bal8n¢es h8V¢ been agreed wrfh Ihe thjnderlo be Utili5ed by the chaftty on allÈTnatNe Pfojects. -47-

HALIFAX OPPORTUNITIES TRUST NOTES TO THE CONSOLIDATED FINANCIAL STATEPJIENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Analy$is of net asstts b•tw•èn fvnds Unrtstrkt#d funds 2025 R￿trICt•d funds 2025 Tgtsl 2025 At 31 M•r¢h 2028: T8nuible assels Currert 855et$ I118bili1Ses Provlsions 3.682,228 964.195 131.7551 3,682,228 1,027,516 131,7551 63.321 4.614,668 63.321 4,677.989 Vnr¢strlcl•d lunds 2,024 R•$trlctsd fvnds 2.024 Tolal 2,024 Al 31 M4r¢h 2024 TgngSblè assets Current a56&1s 1 lliab1lli￿Sl Provlslon8 l.S74.389 769.243 137.0851 l.S74,389 840.618 137,0851 71,375 2,306.547 T1.375 2,377,922 23 Post Balance Sh••t E¥•nl• As noted in zhe Trustees, Report in p8ge 18. Halilax Opportunltles Trust lost the contf8CI to dellver chlldren's and familles services. and thls provision ended on 30th SeptembeT 2025. The Iruslee8 continue to review the Se￿Ice3 and projects Oellvored by ihe trust énd will ensure thai It remains committed to famlly-focused work alongside its other actlvltl6s. 24 Operatlnq leas• commllm•nts 2026 2024 Wslttln ¢no yeor Between and five y¥0 In over five yeors 8.304 14.229 233 17 235 22.766 258 26 ¢onllThgent Ilablllty As a member of È VAT group ilh its 8ubshJS8ry wnp8ny. the tharity 1$ iolnlly $nd sèvefalty liable lor Iho VAT debts of the VAT group members. 26 Ultlmai• ¢ontrollln9 party The thartty is Lmder Ihe c¢nts<A of the board olllustees. 48-

HALIFAX OPPORTUNITIES TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 27 Cash generated from opèrations 2026 2024 Surplus for the year 94,738 68.243 Adjustments for.. Investment Income recognised in slalemenl ol finan¢tal activlties Depredation and impairment of tangible fixed assets Dilference behveen pension charges and cash contrtbutlons Movement8 In working capltal: Decreasèl(Increa$el in debloTS Increasel(decreasel in ¢redllors decrease in provisions 120,267) 103.264 119,840) 67,532 87,000 124.058 181,109 15S,759 (116.4501 (87,000) Cash geneTai¢d Irom oporation 482,901 155.244 28 Analys13 ol changes in net lund$ The Gharity had no malertal debl during the year. -49-