REGISTERED COMPANY IKIII869: 0419e8751England And Wabg•1 REGISTERED CHARITY NUMBEII: 1086738 ATC Ath IM 2 [knh￿l C￿rt PennJÉ¥lam LAU￿EsToN 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)u￿ng aThJ RepJt"ThJ by Chants"es". Ststemant of to thori￿5 preparir¥J Iheir ownts in ￿9)rd￿r￿¥ 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 QJMrn￿ty l*e F*e oifrm remwn rented trj Charilw tv ger￿ale iwng afthjugh the tD 11K￿a￿e thi5 to Thpr￿ the promEes after Y￿ of negkxl by prev¥JL Tru51W. has to off•riThJ prthwsty 0[￿ b) smaN bu5in0S$8s sÈèk*g a rent *bJws them to BU￿ne$S Ccrnunity. nlcrfmaon to th8 Tr￿te&s. IAts encourage a ￿r*I d ￿g￿$alL￿S to use ts Ixthses ether free C￿ at a gwuy ¢Jis¢oLwrt8d rate are a Th)t fr* wofft oo￿lsa￿￿ a sor¥Tr> bgr*fft rf ts crAnrnunty. Vc￿nt￿l￿a indud95 the frryn ￿1 tsustses of fv rtwity. ￿ hwe ￿ paid stafi. GardwryJ ' uTrJertakgn by a voluntsgr rg3ular a q￿lIfi>￿ ￿ntrath. Thi8 SUFPYt tho fJMhmunty bjsffiassès in our è*ty has •nabbJ Lts to bring thè tharity Its lh¢ 8ttenliM of tr* town wih many compkn*rtary ¢tynrYwds fty of Ihe Servi￿ offer to ts c¥)mmunity. P￿)11¢ bonollt P•Ja 1 forth• Y•w End•d 31•t ACHIEVEAEMTS AND P69FORIAAIKE Charfla￿0 4cU¥lVg• ure ts tAfftJiNJ remains *Yk4ynirwJ. tuni*ThL or¥J ft ffix pKp)se fcff the rn￿by 9w indtrhjuas r• A siJnifKant ol lim arvj effcrt wa5 dthtod T(r*m CwrKiI with rnlatirKJ lo Pr P8h. dolvJhW that these elkts Ihè s￿￿￿£$fUl ￿ard of £1C￿,(￿ In Wing to brirg the prqecl to offic4ai cl P￿ry in 2tr26 ard an lntrtxlont mil•ston8 fc* Ihè Supportir¥J g)mnyJnty has 1hrO￿3￿￿t ￿ )￿. 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 b￿rrt tr(￿ of en￿1r￿a thibtrs ￿ik0. Trustees arnl is piwj trj frywwd wrth F4aThs ter*fii the **ler ojnmunty due to in other forth• Yèar End•d 31 t FWANCIAL REVEW R￿8￿•¥ pollcy prrimat•ty £10,CW . £20,CO) shJJk1 cth*r tlY* st( mwth's ey1KI￿re. The TnBtees ccmsitsr that resgms at Ills wll tha( in eTh)i of a (kqj in fvTrJvu, they wll ab￿ lo ￿n￿nue Ihe Charity5 curfenl a(aMtss CmSKleralw 15 to wrdy5 thi￿Jnal 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 r￿t exF*Thlrtwè 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 w*lknyJt capita. If the Chanty at the me* at whth a trLtstee relyes ty (rrtalKffi. fil retirry 8hdl. rf IliTrJ lo 8et. bs d¢w*d to ha¥¢ rww.nbj #t ts rrwbrp rt r6 rex+*vJ Tr)t kn fill Ihe or u￿0$S a r8sohJkn lorthè ￿￿p￿"ntrrthI ofthèlrLL%tèè s putto Ihè nwtrvJ It&t 1. Hè tru 2. Not le55 fwrteen rrf)r m¢xe ttwtyth (lays tefore ￿ date 4wnt8d for rrnets"n9. exet%t&l by a rn￿r qualiw to at tos teen trj ts Char* of intthion to m)os• that rw for app)inlrwt or rrywntr￿t slaw ts pari*)Jars 7AOLthJ. if ￿ ww• so avyrfntad Ly raapptsinkny, te required lo be induded in the Chantys regisiw of trustees tctyw￿r vAh a nctse exèoJ(tyJ by Ihat Fwson ol hi tMlliThJness b) te appointed or reappc4nteJ. S￿"eCt as aforesa*J. Chanty may ty ¢xdinay resLYthn *lK* is to ￿ to te a trLBtge lo fjll a vaLW or as an thnal trustse may also dekn"M thè rclabM in *l)ith any &*1th1al trus*e3 are to Tho truskns may aw)int a [￿s(￿ Wt•) is lo lo bè a Irusleo •lher to 11 a va2nGy Cff as an additional trusts ovyjed that ￿ appowknl ¢Joes fKI cause Ilw wunber cl In￿ kn exwj any numt¢r by a)xJrdanc8 with th? art￿3?8 as the rnayimwn nurrkn of tru*g5. A SQ sh811 hold offi￿ Lmtil next folowThJ ual 9erw81 metitiThJ 8rbJ shall nci bo I#￿ irdv detwrn￿Ir9 ts trus*es are to r&"re ty rotatiw •t afores8￿, a trustse retireg atan Thy, ilwillirvJ to acl, b8 reaFyontod. Two Tnrntees vme at the AGM in 2W24. Bcth t￿M 1he t￿Ik￿y￿ the financ3al k*)sthn of thè chanty aTrl to to 8nsur• Ihat thè fi￿￿nCIal statempmts tgjrnpty with 1he cOmp8n￿ Ad 2￿6. The Trus*8s arn saf>3u*thJ tha assèts of Il* charity aTrJ hence t*'ro The rFpDrt ho5 bgen prFwwl in xg)ydwKe T*Ath pwv¥i5vJB cunpanies subpx to th8 s￿811 crynpanfes as s¢t wt in P¥rt 15 d tr* Act 2CKfj in *))ydan￿ Chanties SORP IFRS 1021. REFERENCE AND ADIANISTRAThE DEfAILS Regl¥t•red Comp•ny nwbgf 04198875 {England and Wa￿> R•gh¢Or•d Clwr*y nwDbqr 10B6738 P•Jè 3 Y Y End•d 31 R•gl•toved olll¢• PL15&W Tnot• MsDEDin M$PD￿￿ C Theobokj Ms V M YouffJ Comp•ny S•cr•t•ry MsPKWkn ATC penn￿11￿ b LAUNCESTON PL15 7EO *¥J SI￿1 M it8 ￿h3￿0Y. Ms P D Oiity. Trustee l•ndont •x•mln•rf• rwl toth•tru•iM• of Th• L•unc•th Youth Parfn•rnhlp Um11￿ Ilho COM￿ny? R•8pon*lblltth8 and btsts of mport As the chari￿$ Irustees ofthe Ccmpany (Tnj akn its th8 wp)$8s ol lawl yw are r•sF￿stA￿ lor H￿￿j 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 èx*ninatit*L of ywr dprtys aCCLJunts as cam&J 145 of thé Chariias 2011 {￿e 2011 Ad). In carwng oui my e¥arThnathJn I have fc4cv￿y the Directs)ns given by ￿ Chty C¢ynmissm Sethn 145(51 Ib) ofthe 2011 IA Ind•pwd•nt •xamlnèrf8 #tatam•nt eX￿Inaticfi 9￿)r￿j me ￿$8 to t4iM'. uth"ThJ reo)rds ncl kopt in Cryrwry as rwTrl ofth? 2C(8 Ac* or r•quiraTriani Ihat lh• 8t￿1￿ f* vv* 15 a matter consKleTgJ as part of an I￿4nts in aLrI)rd￿￿ vilh Rwbry St￿ard ap￿ wi ts UK RepLbJic of Ireland IFRS 10211. Sarah Gay FCA ATC AthBors Chartergj Acc4Jthltants Unit 2 DUTrhe￿d C￿Jrt Pennygillam Way LAUNCESTON Ccvnwal PL15 7ED ZA2b PwJ& S Urnll fortrk• Y•arEnd•d 31$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 Tan￿bI• assats 13 163M2 167.1 CURREKf ASSETS D8btNs Cash at b￿k *d in h8ThJ 14 240 41.713 41,953 CRE1￿ToRs 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 ¥) ￿nCe￿￿h 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 s￿￿on$ 394 395 wxl r￿￿￿e the r￿lTe￿ts ofthe c(¥nPan￿3 Act (bl .iM712026......................... P¥7 PL15 &4U pwared in the SORP IFRS 1021 P