REGISTERED COMPANY IKIII869: 0419e8751England And Wabg•1 REGISTERED CHARITY NUMBEII: 1086738 ATC Ath IM 2 [knhl Crt PennJÉ¥lam LAUEsToN PL15 7EO
lorth• Y•vEnd•d 31•t 1 trj 4 8 b) 13 14
ollh• TN•lD the ffinanaal statemenis ol the chwty lof the y eThJgJ 31st May 2026. The trusiees ha¥t adcptèj the of A¢tr)ung aThJ RepJt"ThJ by Chants"es". Ststemant of to thori5 preparir¥J Iheir ownts in 9)rdr¥ wth ts F(la1 SlwxJ¥d thg UK and of IrdaTrJ IFRS 1021 {•ffth 1 Janw 2019). OWECTIVES AND A¢TMnES Oblecllvety and 4kn¥ the Charty have greaty expaThJed thw to c£rmLnty. HostiNJ ol many arnl groupy th81 tfjntfft aTrJ $upkYJrt QJMrnty le Fe oifrm remwn rented trj Charilw tv gerale iwng afthjugh the tD 11Kae thi5 to Thpr the promEes after Y of negkxl by prev¥JL Tru51W. has to off•riThJ prthwsty 0[ b) smaN bu5in0S$8s sÈèkg a rent bJws them to BUne$S Ccrnunity. nlcrfmaon to th8 Trte&s. IAts encourage a rI d g$alLS to use ts Ixthses ether free C at a gwuy ¢Jis¢oLwrt8d rate are a Th)t fr wofft oolsa a sor¥Tr> bgrfft rf ts crAnrnunty. Vcntla indud95 the frryn 1 tsustses of fv rtwity. hwe paid stafi. GardwryJ ' uTrJertakgn by a voluntsgr rg3ular a qlIfi> ntrath. Thi8 SUFPYt tho fJMhmunty bjsffiassès in our èty has •nabbJ Lts to bring thè tharity Its lh¢ 8ttenliM of tr town wih many compkn*rtary ¢tynrYwds fty of Ihe Servi offer to ts c¥)mmunity. P)11¢ bonollt P•Ja 1
forth• Y•w End•d 31•t ACHIEVEAEMTS AND P69FORIAAIKE Charfla0 4cU¥lVg• ure ts tAfftJiNJ remains Yk4ynirwJ. tuniThL or¥J ft ffix pKp)se fcff the rnby 9w indtrhjuas r• A siJnifKant ol lim arvj effcrt wa5 dthtod T(rm CwrKiI with rnlatirKJ lo Pr P8h. dolvJhW that these elkts Ihè s£$fUl ard of £1C,( In Wing to brirg the prqecl to offic4ai cl Pry in 2tr26 ard an lntrtxlont mil•ston8 fc Ihè Supportir¥J g)mnyJnty has 1hrO3t ). The chart¥ hos to 8WNYt local small •ThJ wr4ects by grow fraè of (liarge. enthliffj t1 lo In a v4ri8ty of local gfoLPS ts)rikn to brrt tr( of en1ra thibtrs ik0. Trustees arnl is piwj trj frywwd wrth F4aThs terfii the *ler ojnmunty due to in other
forth• Yèar End•d 31 t FWANCIAL REVEW R8•¥ pollcy prrimat•ty £10,CW . £20,CO) shJJk1 cthr tlY st( mwth's ey1KIre. The TnBtees ccmsitsr that resgms at Ills wll tha( in eTh)i of a (kqj in fvTrJvu, they wll ab lo nnue Ihe Charity5 curfenl a(aMtss CmSKleralw 15 to wrdy5 thiJnal may te raLsed. This knl ol reser¥e5 has teen mainlwned in we¥wu8 yews is r•wwJ. a savings acx))L)t to enable us As shcttm In the St#ent of Finanrial ActvAies. lh 7•AS rt exFThlrtwè cl £2,555 Ills yw cornpwgd lo net 01 £9,536 last yèar. At 31st klay 2028, thè Chaty h>J of £200,137. Of I1, Lw&6tricted free StRUCTURE, GOVERNAIKE AI&> WEIOIT Governlng do¢wn•nt ited by guarantee wlknyJt capita. If the Chanty at the me at whth a trLtstee relyes ty (rrtalKffi. fil retirry 8hdl. rf IliTrJ lo 8et. bs d¢wd to ha¥¢ rww.nbj #t ts rrwbrp rt r6 rex+vJ Tr)t kn fill Ihe or u0$S a r8sohJkn lorthè p"ntrrthI ofthèlrLL%tèè s putto Ihè nwtrvJ It&t 1. Hè tru 2. Not le55 fwrteen rrf)r m¢xe ttwtyth (lays tefore date 4wnt8d for rrnets"n9. exet%t&l by a rnr qualiw to at tos teen trj ts Char of intthion to m)os• that rw for app)inlrwt or rrywntrt slaw ts pari)Jars 7AOLthJ. if ww• so avyrfntad Ly raapptsinkny, te required lo be induded in the Chantys regisiw of trustees tctywr vAh a nctse exèoJ(tyJ by Ihat Fwson ol hi tMlliThJness b) te appointed or reappc4nteJ. S"eCt as aforesaJ. Chanty may ty ¢xdinay resLYthn lK is to to te a trLBtge lo fjll a vaLW or as an thnal trustse may also dekn"M thè rclabM in l)ith any &1th1al truse3 are to Tho truskns may aw)int a [s( Wt•) is lo lo bè a Irusleo •lher to 11 a va2nGy Cff as an additional trusts ovyjed that appowknl ¢Joes fKI cause Ilw wunber cl In kn exwj any numt¢r by a)xJrdanc8 with th? art3?8 as the rnayimwn nurrkn of trug5. A SQ sh811 hold offi Lmtil next folowThJ ual 9erw81 metitiThJ 8rbJ shall nci bo I# irdv detwrnIr9 ts truses are to r&"re ty rotatiw •t afores8, a trustse retireg atan Thy, ilwillirvJ to acl, b8 reaFyontod. Two Tnrntees vme at the AGM in 2W24. Bcth tM 1he tIky the financ3al k)sthn of thè chanty aTrl to to 8nsur• Ihat thè finCIal statempmts tgjrnpty with 1he cOmp8n Ad 26. The Trus8s arn saf>3uthJ tha assèts of Il charity aTrJ hence t'ro The rFpDrt ho5 bgen prFwwl in xg)ydwKe TAth pwv¥i5vJB cunpanies subpx to th8 s811 crynpanfes as s¢t wt in P¥rt 15 d tr Act 2CKfj in ))ydan Chanties SORP IFRS 1021. REFERENCE AND ADIANISTRAThE DEfAILS Regl¥t•red Comp•ny nwbgf 04198875 {England and Wa> R•gh¢Or•d Clwr*y nwDbqr 10B6738 P•Jè 3
Y Y End•d 31 R•gl•toved olll¢• PL15&W Tnot• MsDEDin M$PD C Theobokj Ms V M YouffJ Comp•ny S•cr•t•ry MsPKWkn ATC penn11 b LAUNCESTON PL15 7EO *¥J SI1 M it8 h30Y. Ms P D Oiity. Trustee
l•ndont •x•mln•rf• rwl toth•tru•iM• of Th• L•unc•th Youth Parfn•rnhlp Um11 Ilho COMny? R•8ponlblltth8 and btsts of mport As the chari$ Irustees ofthe Ccmpany (Tnj akn its th8 wp)$8s ol lawl yw are r•sFstA lor Hj satsfigd mysèff the ao)xmts of CLKnp arv rKI rFqLwgd b) bg under Part 16 of Acl and arè •IKjib indyndant èxamination. l rnpcrt i) r•¥èx af my èxninatitL of ywr dprtys aCCLJunts as cam&J 145 of thé Chariias 2011 {e 2011 Ad). In carwng oui my e¥arThnathJn I have fc4cvy the Directs)ns given by Chty C¢ynmissm Sethn 145(51 Ib) ofthe 2011 IA Ind•pwd•nt •xamlnèrf8 #tatam•nt eXInaticfi 9)rj me $8 to t4iM'. uth"ThJ reo)rds ncl kopt in Cryrwry as rwTrl ofth? 2C(8 Ac or r•quiraTriani Ihat lh• 8t1 f vv 15 a matter consKleTgJ as part of an I4nts in aLrI)rd vilh Rwbry Stard ap wi ts UK RepLbJic of Ireland IFRS 10211. Sarah Gay FCA ATC AthBors Chartergj Acc4Jthltants Unit 2 DUTrhed CJrt Pennygillam Way LAUNCESTON Ccvnwal PL15 7ED ZA2b PwJ& S
Urnll fortrk• Y•arEnd•d 31$t 2025 Tot81 funds Chavltabl• actlvltlm 1776 8,979 44.810 116 452 Totsl 47.033 s1.6 EXPENDITUAE ON 42,369 RECC*XIUATION FUMDS Tot fvnd5 IxwJhtlMtt 201692 193,1 TOTAL FLWDS FORWARD 2LKI.137
31st 2026 2026 Unre8trkted fund• 2025 Total fijnds HXEO AS8ET8 TanbI• assats 13 163M2 167.1 CURREKf ASSETS D8btNs Cash at bk d in h8ThJ 14 240 41.713 41,953 CRE1ToRs ArncANts 18lfmg duè Mknin ont 15 ,670) 16.3911 NET CURRENT AsseTS ¥486 TOTALAS8ETS L&%8 CURRENT UABLITIES 2m137 NEf ASSETS 21A137 FUNDS 16 201137 TOTAL FUI 2N137 202.692 31st Moy 2028. 31st May 2026 ¥) nCeh Sthjn 476 ofth8 Acax( lal that th8 tharrtatle ¢tshpany k• rwyds Ihal #nd 387 01 compan Aca 2( ats eparing fmancial 51atwnerts ti¢h fft O Iry KI f¥ cltro thrs ofts dwrit** ¢uwny 08 at the of eath fina of 115 SL¥rkn cr defKal A)r each finaThial year in aX)rdan the uir•ments of son$ 394 395 wxl re the rlTets ofthe c(¥nPan3 Act (bl .iM712026......................... P¥7
PL15 &4U pwared in the SORP IFRS 1021 P<oxmti"ng aTrJ RqxNb'rg by lL.. St0ml Rwl'ng SlarKlartl •PFlicatl8 in the UK V4KI Rwlic ol lrnland IFRS 1021 {efkn 1 Januay 20191,. Incomo Expffidllu ¢hanty trJ that ewknr•. it is that a transkr cl eoxrtmi¢ te rwuirwj in 8elUrnl •r TAnglbl• fix•d a•••l• Fund Accwrflng Golng ¢oneom
(or lh• Y•F 31it OThER TRADING ACTIVITS 2025 43.157 Parkry Permits 743 44.810 2025 116 INCOME FROM CHARrrABLE AeTlVtrEs 2025 1775 6.979 CHARtrABLE ACTivinES COSTS Costs {$¢• c•yts I I)te 81 Totals CharitabAC 40.341 49.688 DIRECT COSTS OF CHARITA8LE ACTMrEs 2025 9247 14.6¥2 SUPPORT C08TS 0th8r Total8 ¥94J 3.304 40.341 Flnancg 2025 Total Chwlab Bank
for th•Y••rENl•d SUPPORT COSTS •¢¢xrfmh•d Tcl81 1.189 1047 Insure L4ihtaTrJ heat T8b0&the 1.947 1.324 Iiies 1.Q13 376 313 11670 4047 4311 13 25.176 Tclal 1044 &304 3A01 31st May 2025. 6.979 44.810 116 T•tsl 51,K6 EXPENDITURE ON P¥10
forth• Y••r 31#t M• 2026 11. skncbj funds NET IPKO RECONCLIATION OF FLf4LK8 Total brwght frVard 193,156 TOTAL FUNDS CARRIED FORWARD 202,692 11 INDEPENDENT EXAMIER REPAKRATK)N 26 2026 1,620 11 TANGBLE FIXED ASSETS Frèghjkl At 1st 2025 IN731 18m2 200.693 At 31st Mty SJ26 1N731 20.020 201,661 DEPRECIATION Al 18tth 2025 Charge ts year 33M63 15 1.621 At 31st May 2026 279 13,620 37199 NET BOOK VALI At 31st May 2026 166AS2 7200 183,6S2 At 31stl•lay 2025 159,267 167,130 14. 240 PJe11 Mrtiwed...
31•t 7,576 6.391 Ihe has a w4wt reSUj kn a that In transfer ol ftjnds to 16. At1.625 31.5.28 2fy),137 TOTAL FUlaJS iuss) 200.137 furds 47m3 149•BB IU55) TOTAL FUNDS 47m3 149A881 (2,SS51 Net At 1.624 31.S.25 Unrn•lrfclJd fun 191156 (31.IX(11 31.(XKI 171,692 31,CO) D6sb3nat•d 193.1 202.692 TOTAL FUI&IS 193.1 in s1.5 (42.) TOTAL FUI s1.6 (4lWI q5 P•JB 12
forth• YwrEnd•d 31•t 17. RELATED PAfft DISCLOSLRES P*Jè13
forlh• Y•Ar End•d 3l•t Offic Rénts R8c4i¥d park1 Pgm)ts 43.157 743 44.810 C¢A))tThJnty H) IrKK¥ne 47,033 $1,W5 Charltabl• a¢tMIi 9247 14.6V2 Support co•1• Fknan¢o 11X) 1,189 1047 6A28 1,324 In8urarKe Llght and heat 1.947 2,670 1.134 1.013 375 313 1167(1 1816 1.621 4J11 2.815 Fr%tutss aThJ ffittiros 3.321 25,176 kn)untanGy 1.201 2.11 PwJe 14