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← Nepacs

2025-03-31-accounts

Charity registration number 1088051 (England and Wales)

Company registration number 04216908

NEPACS

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

NEPACS

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees E Thompson
D Abrahams
J Black
K M Brooke
J L Mooney
R Phelan
S Seacroft
M Stockdale
C S Tague
M C Weeding
C Horner (Appointed 14 July 2025)
Secretary A J Lacey
Senior management A J Lacey Chief executive
D Gallant Business and finance director
G Ismail Service manager
C Young Communications and
development manager
Service Managers:
P Bolan Prison and safeguarding lead
C Watson Circles, Resettle and Reboot
projects, CRS wellbeing
service
J Coates Children and young people,
courts, helpline and care
leaver projects
Charity number (England and Wales) 1088051
Company number 04216908
Registered office 20 Old Elvet
Durham
DH1 3HW
Auditor Sumer Auditco Limited
Finchale House
Belmont Business Park
Durham
DH1 1TW
Bankers Barclays
Leicester
Leicestershire
LE87 2BB
Investment advisors Rathbones Investment Management
Earl Grey House
75/85 Grey Street
Newcastle upon Tyne
NE1 6EF

NEPACS

CONTENTS

Page
Trustees report 1 - 9
Independent auditor's report 10 - 13
Statement of financial activities 14 - 15
Balance sheet 16
Statement of cash flows 17
Notes to the financial statements 18 - 34

NEPACS

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025

The Trustees present their annual report and financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".

Objectives and activities

It is Nepacs’ vision that every person impacted by contact with the justice or social care systems should be heard and feel empowered to make positive change happen.

In order to help us move towards this, our mission is to support and enhance the lives of people as they navigate the justice or social care systems, ensuring they always have someone trusted by their side, aiding understanding, facilitating wellbeing and promoting positive choices. In so doing, we seek to include, to inform and to inspire.

In early 2024 Nepacs launched a comprehensive 3 year strategy mapped against these three clear intentions, designed to underpin our mission. This strategy outlines the current aims and priorities of the organisation:

Aims

Include:

Inform:

Inspire:

NEPACS

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Public benefit

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.

Significant Activities

Our aims are achieved through a portfolio of services, offering support from the very start of an individual’s or family’s contact with the justice system, through to rehabilitation, with services offered in both community and custody settings. These include:

Strategic Priorities

Nepacs has continued to work to its Three Year Strategy, launched in early 2024. This means focusing on:

NEPACS

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Achievements and performance

This year saw further expansion in the charity’s reach and capability, as Nepacs extended the scale and scope of its delivery across prisons, courts, and community settings. With an increase in commissioned and grant-funded projects, the organisation invested in new systems, training, and staffing to meet the growing demand, ensuring continued delivery of trauma-informed, high-quality support in line with our 2024–2026 Strategy.

Increased complexity in funding arrangements has required improved monitoring, reporting and operational systems, and the charity has responded well to these pressures. We also embedded our new services including our NHS-funded self-harm prevention support during the early days of custody, and our Resettle and Departure Lounges projects offering release-day and post-custody support for individuals and families.

Our reputation continues to grow, supported by new partnerships, national engagement, and wide public recognition of our work. An end-of-year funding award to expand our court and arrest support services was particularly welcome, as was the attention given to our engagement activities across our digital channels, including widespread appreciation of our volunteer, youth and community-led initiatives.

Visitors’ Centres and Family Services

Our largest area of delivery remains our visitors’ centre and family support services, now active across seven North East prisons. In total, the charity supported over 80,000 prison visits this year, with our staff and volunteers offering emotional and practical support to families, including help navigating visiting processes, managing anxiety, and staying connected with loved ones in custody.

Nepacs also delivered 110 family visit days and over 40 parent–child events inside prison establishments. These sessions provided vital opportunities for relationship-building, especially for children maintaining contact with a parent in prison. Our teams provided additional support for first-time visitors, those navigating complex family dynamics, and those needing befriending or advocacy support.

Family Support and Resettlement

Our Family Support Workers provided over 1600 episodes of in-depth one-to-one casework, addressing issues such as visit planning, relationship breakdown, safeguarding, and resettlement. Support was available both in custody and in the community.

We continued to embed and expand our Resettle programme, supporting prison leavers and their families during the transition home. The programme includes goal-setting, and practical preparation for release, often involving close liaison with prisons, probation, and housing providers.

Additionally, Nepacs delivered support through the Circles of Support and Accountability model in three regions, North-east, North-west and Yorkshire and the Humber, for people who have caused sexual harm and who are returning to the community. Trained volunteers worked with individuals to reduce risk, support reintegration, and improve community safety.

Youth Services: Bee Yourself! and Bee Outside!

Our work with children and young people has remained a core focus. The Bee Yourself! programme, built around the Thrive approach, supported over 160 children and young people through group sessions, one-to-one support, residentials, and creative activities. These included school holiday projects, confidence-building events and direct emotional support for children with a parent in prison or with care experience. We also launched an extension of the programme – known as Bee Outside! This provides therapeutic interventions in a nature-based environment, teaching bushcraft and gardening skills and provides a unique way of engaging young people who may be disengaged from traditional interventions.

The Buddy and the Box book remained an important resource for younger children, helping them understand separation and create positive memories during difficult times.

NEPACS

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Independent Visitors service

Our Independent Visitor service delivered befriending support to young people living in care across six local authority areas. We supported over 50 children in care through regular one-to-one visits. Each child was carefully matched to a volunteer based on their interests, and all received consistent support, enabling them to develop meaningful relationships with a trusted adult outside of the care system. Several volunteers were recognised publicly during Student Volunteering Week and International Friendship Day, showcasing the emotional impact of these long-term friendships.

Court service

Our Court service continued to offer immediate support to individuals and families involved in the court process - including those attending hearings, sentencing or awaiting remand. Support was provided through face-to-face and telephone contact and included emotional support, advocacy, and follow-up after sentencing. With new funding from national lottery awarded at the end of the year, we also began expanding provision into earlier stages of the justice process, including arrest and police custody; something we will develop further into the next financial year.

Early Days in Custody service

The Early Days in Custody programme expanded to six of the seven prisons in the North-east and provided enhanced support during the first 14 days of custody - a period of heightened vulnerability. Staff delivered over 1,100 engagements during this period, with a new NHS-funded component focused on suicide prevention and emotional regulation. These services help individuals stabilise emotionally, maintain contact with their families, and access health and pastoral support at the most critical point of their sentence.

Departure Lounges

Our Departure Lounge services operated across three prisons, providing over 1000 instances of release support. The service includes immediate practical help, including toiletries, food packages, travel assistance and onward referrals, as well as a friendly face and emotional reassurance. Families are offered information, helpline support, and connection to wider Nepacs services.

Support for Care-Experienced Individuals

Work with people who have experienced the care system continued at HMYOI Deerbolt, where the Paving the Way programme supported young men through tailored release planning, life skills development, and arts-based emotional support. This was enhanced by a collaboration with Blue Cabin, delivering arts-based interventions to this group of individuals. Participants gained confidence, improved coping skills, and reconnected with important relationships and networks.

Grants and Emergency Assistance

In response to rising hardship, Nepacs distributed over 450 grants to families and individuals in need, including provision of white goods, school uniforms, food, travel, energy support, and children’s items. Demand continued to rise as statutory sources of funding fell short, and as individuals faced release into increasingly precarious living conditions. This grant-making was made possible by a new collaboration with Glasspool and support from Point North’s Hardship Fund.

NEPACS

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Financial review

Short-term Funding

Securing funding for our delivery projects has remained somewhat of a challenge, with many funding streams being short-term (including for example our Suicide Prevention Funding and Resettle innovation Project). This has created uncertainty in terms of planning staff resources and makes recruitment and retention more difficult. Although the short-term funds have made a significant impact on our turnover, the fact they have a fixed expiry date and are not renewable continues to make creating a sustainable service challenging.

We have however been successful in securing some longer term funding for specific projects, including our expanded Courts offer as well as securing some repeat funding, including for our youth offer.

Contract and Grant Funding from the Public Sector

Nepacs holds a number of contracts and grants with MoJ/HMPPS, as well as with Local Authorities and, during this year, Department of Health and Social Care. Many of these contracts and grants have continued to see a move towards ‘quarterly retrospective claims’ payment mechanisms, in which expenditure can only be recouped at the end of a 3 month period, often upon supply of proof of expenditure. This has continued to impact on cash flow and creates additional administrative burden, although we have adapted systems to better navigate these issues.

Throughout the year we also experienced challenges with regard to call-off contracts, in which income is exclusively tied to numbers of referrals made into the charity, usually out of Nepacs’ control. This has led to issues with resourcing, as the charity has been required to cover fixed costs, as well as staffing uncertainty. The charity worked with commissioners throughout the year to find a resolve this issue.

Tea Bar Income

Management of income from Tea Bar sales at the majority of our sites transferred to HMPPS in 2022 as part of the Family Services re-procurement, having previously been the responsibility of Nepacs. Funds that were previously available for reinvestment in family services at the discretion of Nepacs are now held by local prisons and subject to applications for release. This impacts on our capacity to respond to local needs. We continue to look for alternative, flexible means of funding service development and investment.

Reserves policy

It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Investment policy and objectives

The Charity continues to possess two principal investments:

A freehold property in Old Elvet, Durham, which was, until September 2023, rented out to a professional firm. Following the tenant’s departure, the property has remained unoccupied throughout the year. The building requires some maintenance investment. Negotiations with the previous tenants regarding contracted dilapidations payments have now reached a mutually satisfactory agreement. The decision on the future of the property investment remains under regular review.

The Charity continued to retain its investment with Rathbone Investment Management Ltd. This continued to be invested on a low risk basis and remains easily accessible should the need arise. During the course of the year, further sums of money were invested in 6 month bonds generate some additional investment.

The issue of ethics has been discussed with Rathbones.

NEPACS

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Structure, governance and management

The Charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

E Thompson D Abrahams J Black K M Brooke J L Mooney R Phelan S Seacroft M Stockdale C S Tague M C Weeding S Nainby- Luxmoore (Retired 11 November 2024) C Horner (Appointed 14 July 2025)

Recruitment and appointment of trustees

As Nepacs has continued to grow and adapt to the current contracting landscape, we have continued to recruit trustees. Using trustee role profiles and dedicated Trustee adverts we continue to seek people to join us who bring specific skills such as HR, Business Development, Marketing and Communications.

The charity remains keen to recruit more people, including trustees with lived experience.

Trustees are elected for a period of three years after which they must be re-elected at the next AGM.

Induction and training of new trustees

The majority of trustees appointed familiar with the work of Nepacs, having worked as volunteers in the society or been involved with the Probation Service, Local Authorities or with other related charitable bodies. They are issued with the Nepacs Code of Governance and other supporting materials, and encouraged to take part in Nepacs induction training.

None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

Trade Creditors

The company's current policy concerning the payment of trade creditors is to follow the CBI's Prompt Payers Code (copies are available from the CBI, Centre Point, 103 New Oxford Street, London WC1A 1DU).

The company's current policy concerning the payment of trade creditors is to:

NEPACS

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Organisational Structure

NEPACS is led by a Chief Executive Officer who is responsible for the overall delivery, policies and forward planning of the charity in accordance with the organisation’s governance and strategic documents and direction of the Board of trustees.

The CEO is supported by a Business and Finance Director who leads on Business Development and oversees the charity’s non-operational functions.

A Senior Leadership Team, which comprised 8 members of staff throughout the year, including the CEO and Business and Finance Director, has overseen the running of the organisation on a daily basis. The team comprises both operational managers and non-operational specialists.

Team Managers lead on specific areas of operations.

A Business Support Manager has continued to oversee the required Business functions including HR supported by an outsourced arrangement with a HR legal advisory firm and an IT specialist organisation.

The outsourcing of our financial functions is now well-established and includes processing of management accounts, day-to-day book-keeping and payroll. There is regular detailed financial reporting available for trustees during – and between – trustee meetings.

Risk management

In order to minimise the risk of error, or fraud, financial reporting by programme and activity is made to the Board at every meeting.

The Charity's previous long-term secure source of income from rent from the property at 19 Old Elvet in Durham City ceased in September 2023, although the asset remains held by the charity.

The other independent sources of income come from subscriptions, fund-raising events, charitable donations and legacies and small surpluses from charitable activities. These vary from year to year.

The principal sources of risk are as follows:

NEPACS

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Related parties

Nepacs is a member of infrastructure bodies CLINKS and VONNE and is an accredited member of Circles UK.

Nepacs sub-contracts to St Giles Wise, for the delivery of the Personal Wellbeing contract with Probation.

Nepacs is the lead provider to a sub-contractor for the delivery of one of our community rehabilitation programmes in Yorkshire and the Humber, Humbercare Limited.

NEPACS has several contracts and grants with the Ministry of Justice, HM Probation and Sodexo in relation to supporting people in prison, their families and significant others both in custody and in the community.

Throughout the year, Nepacs held a contract with six local authorities , coordinated by Newcastle City Council on behalf of each authority, for delivery of the Independent Visitor Service.

Throughout the year, Nepacs received additional grant funding from the Department of Health and Social Care for the delivery of its Suicide and Self-Harm Prevention service.

Nepacs receives funding from a variety of Charitable Trusts and Police and Crime Commissioners.

Nepacs also receives funds from Glasspool and from Point North, on whose behalf we distribute hardship grants to service users.

Statement of Trustees responsibilities

The Trustees, who are also the directors of NEPACS for the purpose of company law, are responsible for preparing the Trustees Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Auditor

In accordance with the company's articles, a resolution proposing that Sumer Auditco Limited be reappointed as auditor of the company will be put at a General Meeting.

NEPACS

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Disclosure of information to auditor

Each of the Trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The Trustees report was approved by the Board of Trustees.

M C Weeding Trustee

9 December 2025

NEPACS

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF NEPACS

Opinion

We have audited the financial statements of NEPACS (the ‘Charity’) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

NEPACS

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF NEPACS

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the Trustees report.

Responsibilities of Trustees

As explained more fully in the statement of Trustees responsibilities, the Trustees, who are also the directors of the Charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

NEPACS

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF NEPACS

Extent to which the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We identified and assessed the risks of material misstatement of the financial statements from irregularities, whether due to fraud or error, and discussed these between our audit team members. We then designed and performed audit procedures responsive to those risks, including obtaining audit evidence sufficient and appropriate to provide a basis for our opinion.

We obtained an understanding of the legal and regulatory frameworks within which the group and the parent company operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Companies Act 2006 together with the Charities SORP (FRS 102). We assessed the required compliance with these laws and regulations as part of our audit procedures on the related financial statement items.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which might be fundamental to the parent company’s and the group’s ability to operate or to avoid a material penalty. We also considered the opportunities and incentives that may exist within the parent company and the group for fraud. The laws and regulations we considered in this context for the UK operations were General Data Protection Regulation (GDPR), taxation legislation, and employment legislation.

Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the directors’ and other management and inspection of regulatory and legal correspondence, if any. We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be within judgement and estimates, and the override of controls by management. Our audit procedures to respond to these risks included enquiries of management and the Council about their own identification and assessment of the risks of irregularities, sample testing on the posting of journals, reviewing accounting estimates for biases, and reading minutes of meetings of those charged with governance.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk of non detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

NEPACS

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF NEPACS

David Holloway BA FCA DChA (Senior Statutory Auditor) For and on behalf of Sumer Auditco Limited, Statutory Auditor Accountants

Finchale House Belmont Business Park Durham DH1 1TW

9 December 2025

NEPACS

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Current financial year
Unrestricted
Restricted
funds
funds
2025
2025
Notes
£
£
Income and endowments from:
Donations and legacies
3
12,611
9,096
Charitable activities
4
1,439,720
794,006
Investments
5
14,332
-
Other income
6
55,000
-
Total income
1,521,663
803,102
Expenditure on:
Raising funds
7
3,000
-
Charitable activities
8
1,447,801
791,117
Total expenditure
1,450,801
791,117
Net gains/(losses) on investments
14
(174,756)
-
Net income/(expenditure) and movement in funds
(103,894)
11,985
Reconciliation of funds:
Fund balances at 1 April 2024
1,230,240
71,190
Fund balances at 31 March 2025
1,126,346
83,175		 Total
2025
£
21,707
2,233,726
14,332
55,000
2,324,765
3,000
2,238,918
2,241,918
(174,756)
(91,909)
1,301,430
1,209,521		 Total
2024
£
47,461
1,705,223
23,120
-
1,775,804
3,000
1,767,753
1,770,753
20,518
25,569
1,275,861
1,301,430

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

NEPACS

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

FOR THE YEAR ENDED 31 MARCH 2025

Prior financial year
Unrestricted
Restricted
funds
funds
2024
2024
Notes
£
£
Income and endowments from:
Donations and legacies
3
42,836
4,625
Charitable activities
4
1,247,901
457,322
Investments
5
23,120
-
Total income
1,313,857
461,947
Expenditure on:
Raising funds
7
3,000
-
Charitable activities
8
1,376,996
390,757
Total expenditure
1,379,996
390,757
Net gains/(losses) on investments
14
20,518
-
Net income/(expenditure) and movement in funds
(45,621)
71,190
Reconciliation of funds:
Fund balances at 1 April 2023
1,275,861
-
Fund balances at 31 March 2024
1,230,240
71,190		 Total
2024
£
47,461
1,705,223
23,120
1,775,804
3,000
1,767,753
1,770,753
20,518
25,569
1,275,861
1,301,430

NEPACS

BALANCE SHEET

AS AT 31 MARCH 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 16 17,540 13,040
Investment property 17 225,000 395,000
Investments 18 1 1
242,541 408,041
Current assets
Stocks 20 4,602 3,558
Debtors 21 378,512 239,634
Investments 22 288,360 293,116
Cash at bank and in hand 385,653 496,864
1,057,127 1,033,172
Creditors: amounts falling due within 23
one year (90,147) (139,783)
Net current assets 966,980 893,389
Total assets less current liabilities 1,209,521 1,301,430
The funds of the Charity
Restricted income funds 26 83,175 71,190
Unrestricted funds 27 1,126,346 1,230,240
1,209,521 1,301,430

The financial statements were approved by the Trustees on 9 December 2025

JAP[EGHENRAAG] otHA fess, ERi------M C Weeding Trustee

Company registration number 04216908 (England and Wales)

NEPACS

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025

Notes
Cash flows from operating activities
Cash absorbed by operations
30
Investing activities
Purchase of investments
Purchase of tangible fixed assets
Proceeds from disposal of investmetns
Investment income received
Portfolio management fees
Net cash generated from/(used in) investing
activities
Net cash generated from financing activities
Net decrease in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2025
£
£
(112,823)
(4,756)
(9,720)
4,756
14,332
(3,000)
1,612
-
(111,211)
496,864
385,653		 2024
£
£
(154,545)
(54,692)
(13,773)
41,189
12,831
(3,000)
(17,445)
-
(171,990)
668,854
496,864

NEPACS

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

1 Accounting policies

Charity information

NEPACS is a charitable company limited by guarantee incorporated in England and Wales.

1.1 Accounting convention

The financial statements have been prepared in accordance with the Charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The Charity is a Public Benefit Entity as defined by FRS 102.

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

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

1.2 Going concern

The financial statements have been prepared on a going concern basis. The trustees have prepared financial forecasts for a period in excess of 12 months of the date of this report. The trustees are confident that those forecasts represent an achievable expectation of the future performance of the charity. They have therefore concluded that the charity will be able to meet its ongoing commitments from the resources which are available. The trustees do not consider there to be a material uncertainty related to events of conditions that may cast significant doubt upon the entity's ability to continue as a going concern.

1.3 Charitable funds

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

Designated funds are unrestricted funds that have been set aside by the trustees for particular purposes.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Further information on each fund is further explained within the notes of the financial statement.

1.4 Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. The following specific policies are applied to particular categories of income:

NEPACS

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

1 Accounting policies

(Continued)

1.5 Expenditure

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

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

Allocation and apportionment of costs

All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis as set out in Note 10.

1.6 Tangible fixed assets

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

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

Fixtures and fittings 25% on reducing balance Computers 33% on cost and 33% on reducing balance

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

1.7 Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is reported in the "gains and losses on investment assets" section of the Statement of Financial Activities and is carried forward in the surplus reserve in the balance sheet.

1.8 Fixed asset investments

Investments are held at market value at the balance sheet date. Realised and unrealised gains or losses are accounted for in the relevant fund.

1.9 Impairment of fixed assets

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

1.10 Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

NEPACS

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

1 Accounting policies

(Continued)

1.11 Cash and cash equivalents

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

1.12 Financial instruments

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

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

Basic financial assets

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

Basic financial liabilities

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

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

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

Derecognition of financial liabilities

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

1.13 Taxation

The charity is exempt from corporation tax on its charitable activities.

1.14 Employee benefits

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

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

1.15 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

NEPACS

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

2 Critical accounting estimates and judgements

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

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

3 Income from donations and legacies

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Donations and gifts
10,948
-
Grants
-
-
Membership fees
1,323
-
Other
340
9,096
12,611
9,096
Income from charitable activities
Unrestricted
Restricted
funds
funds
2025
2025
£
£
Prisoner Family Welfare
Tea bar and visitors
centre
146,204
-
Service income
403,764
167,195
FSOS contracts
780,298
-
Grants
109,454
561,594
Young People
Grants
-
65,217
1,439,720
794,006		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
10,948
39,712
-
-
1,600
250
1,323
1,030
-
9,436
494
4,375
21,707
42,836
4,625
Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
146,204
156,065
-
570,959
346,645
145,861
780,298
704,191
-
671,048
41,000
250,025
65,217
-
61,436
2,233,726
1,247,901
457,322		 Total
2024
£
39,712
1,850
1,030
4,869
47,461
Total
2024
£
156,065
492,506
704,191
291,025
61,436
1,705,223

4 Income from charitable activities

NEPACS

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

4 Income from charitable activities

(Continued)

Performance related grants analysis

Prisoner
Family Welfare
Young People
2025
2025
£
£
SSCL National
Offender Management
Service
423,262
-
Glasspool frontline
Flexible fund
60,000
-
Garfield Weston
Foundation
45,000
-
Dulverton Trust
-
42,717
Ministry of Justice
32,347
-
Charles Hayward
Foundation
29,500
2,000
Charles Hayward
Foundation
25,000
-
Blue Cabin
20,421
-
Masonic Charitable
Foundation
-
20,000
North Yorkshire PCC
Helpline
15,350
-
Other
20,168
500
671,048
65,217		 Total
Prisoner
Family Welfare
Young People
2025
2024
2024
£
£
£
423,262
63,426
-
60,000
50,000
-
45,000
31,711
-
42,717
30,987
-
32,347
-
28,945
31,500
25,992
-
25,000
25,000
-
20,421
22,389
-
20,000
20,021
-
15,350
-
20,000
20,668
21,499
12,491
736,265
291,025
61,436		 Total
2024
£
63,426
50,000
31,711
30,987
28,945
25,992
25,000
22,389
20,021
20,000
33,990
352,461

5 Income from investments

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Rental income - 10,289
Other income 4,862 5,897
Interest receivable 9,470 6,934
14,332 23,120

NEPACS

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

6 Other income

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Dilapidations 55,000 -
Expenditure on raising funds
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fundraising and publicity
Portfolio management fee 3,000 3,000
Total 2024 £ 1,112,330 71 1,114 7,939 101,407 20,960 - 34,155 - 1,277,976 35,487 454,290 1,767,753 1,376,996 390,757 1,767,753
Grants to Prisoners Families 2024 £ - - - - - - - - - - 35,487 - 35,487 35,487 - 35,487
Young People 2024 £ 68,815 - 1,114 483 - 20,960 - - - 91,372 - 24,612 115,984 45,863 70,121 115,984
Prisoner Family Welfare 2024 £ 1,043,515 71 - 7,456 101,407 - - 34,155 - 1,186,604 - 429,678 1,616,282 1,295,646 320,636 1,616,282
Total 2025 £ 1,530,671 - - 14,184 103,217 1,090 14,400 56,742 1,326 1,721,630 85,477 431,811 2,238,918 1,447,801 791,117 2,238,918
Grants to Prisoners Families 2025 £ - - - - - - - - - - 85,477 - 85,477 76,258 9,219 85,477
Young People 2025 £ 60,406 - - - - 1,090 - - - 61,496 - 14,232 75,728 10,445 65,283 75,728
Prisoner Family Welfare 2025 £ 1,470,265 - - 14,184 103,217 - 14,400 56,742 1,326 1,660,134 - 417,579 2,077,713 1,361,098 716,615 2,077,713
Expenditure on charitable activities Direct costs Staff costs Prisoner family welfare Youth project materials Events costs Tea bar and visitors centre Young peoples activity Research expenses Subcontractors/ partners NEPACS awards Grant funding of activities (see note 9) Share of support and governance costs (see note 10) Support Analysis by fund Unrestricted funds Restricted funds
8

NEPACS

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

9 Grants payable

9 Grants payable
Grants to Grants to
Prisoners Prisoners
Families Families
2025 2024
£ £
Grants to individuals 85,477 35,487
10 Support costs allocated to activities
2025 2024
£ £
Staff costs 195,457 203,323
Depreciation 5,220 6,829
Management 328 7,003
Finance 1,262 1,528
Administrative expenses 124,185 135,318
Human resources 50,643 54,184
Premises 44,810 38,041
Governance costs 9,906 8,064
431,811 454,290
Analysed between:
Prisoner Family Welfare 417,579 429,678
Young People 14,232 24,612
431,811 454,290
2025 2024
Governance costs comprise: £ £
Audit fees 9,906 8,064
9,906 8,064
11 Net movement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Auditors' remuneration for non audit work 3,921 3,969
Auditors' remuneration 5,985 4,095
Depreciation of owned tangible fixed assets 5,220 6,829
Hire of plant and machinery 1,564 1,320

NEPACS

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

12 Trustees

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

There were no expenses paid to trustees' during the year ended 31 March 2025 (2024: £403).

13 Employees

The average monthly number of employees during the year was 83 (2024: 73).

Charitable activties
Support
Total
Employment costs
Wages and salaries
Social security costs
Other pension costs
The number of employees whose annual remuneration was more than £60,000
is as follows:
£60,001 - £70,000
£70,001 - £80,000
Remuneration of key management personnel
The remuneration of key management personnel was as follows:
Aggregate compensation		 2025
Number
78
5
83
2025
£
1,541,131
119,806
65,191
1,726,128
2025
Number
1
1
2025
£
372,907		 2024
Number
68
5
73
2024
£
1,181,791
85,402
48,460
1,315,653
2024
Number
1
1
2024
£
337,728

NEPACS

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

14 Gains and losses on investments

Unrestricted Unrestricted
funds funds
2025 2024
Gains/(losses) arising on: £ £
Revaluation of investments (4,756) 20,518
Net gains or losses through fair value adjustments (170,000) -
(174,756) 20,518

15 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

16 Tangible fixed assets

Tangible fixed assets
Fixtures and
fittings
Computers
£
£
Cost
At 1 April 2024
3,564
34,754
Additions
-
9,720
Disposals
-
(18,238)
At 31 March 2025
3,564
26,236
Depreciation and impairment
At 1 April 2024
2,469
22,809
Depreciation charged in the year
330
4,890
Eliminated in respect of disposals
-
(18,238)
At 31 March 2025
2,799
9,461
Carrying amount
At 31 March 2025
765
16,775
At 31 March 2024
1,096
11,944		 Total
£
38,318
9,720
(18,238)
29,800
25,278
5,220
(18,238)
12,260
17,540
13,040

17 Investment property

2025
£
Fair value
At 1 April 2024 395,000
Net gains or losses through fair value adjustments (170,000)
At 31 March 2025 225,000

NEPACS

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

17 Investment property

(Continued)

The investment property was valued at open market value by the Trustees on 31 March 2025. If the investment property had not been re-valued, it would have been included at the historical cost of £2,191.

18
Fixed asset investments
Cost or valuation
At 1 April 2024 & 31 March 2025
Carrying amount
At 31 March 2025
At 31 March 2024
19
Financial instruments
Carrying amount of financial assets
Instruments measured at fair value through profit or loss
20
Stocks
Finished goods and goods for resale
21
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
22
Current asset investments
Funds under management		 Unlisted
investments
£
1
1
1
2025
2024
£
£
288,360
293,117
2025
2024
£
£
4,602
3,558
2025
2024
£
£
303,059
219,292
481
703
74,972
19,639
378,512
239,634
2025
2024
£
£
288,360
293,116

NEPACS

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

23
Creditors: amounts falling due within one year
Notes
Deferred income
24
Trade creditors
Other creditors
Accruals
24
Deferred income
Other deferred income
Deferred income is included in the financial statements as follows:
Deferred income is included within:
Current liabilities
Movements in the year:
Deferred income at 1 April 2024
Released from previous periods
Resources deferred in the year
Deferred income at 31 March 2025
25
Retirement benefit schemes
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes		 2025
£
28,225
34,484
12,743
14,695
90,147
2025
£
28,225		 2024
£
80,222
35,951
7,997
15,613
139,783
2024
£
80,222
2025
£
28,225
80,222
(80,222)
28,225
28,225
2025
£
65,191		 2024
£
80,222
-
-
80,222
80,222
2024
£
48,460

The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Charity in an independently administered fund.

NEPACS

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

26 Restricted funds

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

At 1 April Incoming Resources At 31 March
2024 resources expended 2025
£ £ £ £
Communications, Training & Development 172 8,957 (7,922) 1,207
Courts 2,083 25,000 (21,253) 5,830
Care Leavers Project 17,754 55,396 (54,582) 18,568
Garfield Weston Early Days in Custody 22,500 45,000 (25,578) 41,922
Helpline 5,541 15,350 (6,227) 14,664
PACT Family Engagement Fund 23,140 (13,283) (9,857) -
Department of Health Suicide Prevention - 297,282 (297,282) -
Northumberland Council Prison Release Fund - 10,000 (9,405) 595
Youth Project - 65,282 (65,282) -
Womens Core - 64,695 (64,695) -
Circles - 135,791 (135,791) -
Innovation Grant Resettlement - 93,632 (93,243) 389
71,190 803,102 (791,117) 83,175
Previous year: At 1 April Incoming Resources At 31 March
2023 resources expended 2024
£ £ £ £
Youth Project - 61,783 (61,783) -
Communications, Training & Development - 4,282 (4,110) 172
Courts - 25,499 (23,416) 2,083
Care Leavers Project - 86,641 (68,887) 17,754
Womens Core - 63,424 (63,424) -
Circles - 110,951 (110,951) -
Suicide Prevention - 30,987 (30,987) -
Garfield Weston Early Days in Custody - 45,000 (22,500) 22,500
Helpline - 7,389 (1,848) 5,541
PACT Family Engagement Fund - 25,991 (2,851) 23,140
- 461,947 (390,757) 71,190

NEPACS

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

26 Restricted funds

(Continued)

Communications, Training & Development

To provide training to benefit a wide range of people who work with children and families within the criminal justice, or care systems, or in the community.

Courts

The fund is used for a court based family intervention project for families in the criminal justice system.

Care Leavers Project

The fund is used to provide a care leaver support team at HMP Deerbolt which provides vital one on one sessions for care experienced prisoners including supporting them to access their entitlements from the local authority and to make and sustain links with significant others.

Early Days in Custody

This fund is used for a prison based crisis intervention providing trauma informed support to prisoners and family during the critical first two weeks of custody.

PACT Family Engagement Fund

This fund is to provide a family support worker in HMP Low Newton.

Department of Health Suicide Prevention

The project aims to improve the wellbeing of people in prison, newly arrived in an unfamiliar prison environment, and their families, with an aim to reduce the chances of self harm or suicide.

Northumberland Council Prison Release Fund

The fund is used to provide support to people for after they have left prison.

Youth Project

The children's and young peoples service works across the region to support young people living in care or impacted by imprisonment, offering them the change to talk to someone they can trust during either an in person visit or in the community, and through trips or special projects where they have the opportunity to meet others in a similar situation.

Women's Core

The purpose of the Grant is to stabilise the financial position of women’s community sector organisations in England and Wales to support the continued availability of community-based provision for female offenders. This provision is essential to successful delivery of the aims and objectives of the Government’s Female Offender Strategy Delivery Plan , published in January 2023. The women’s community sector has struggled financially for a number of years, leading to some closures, and other organisations at risk of closure and/or withdrawing services.

Circles

A project led by volunteers supporting those who have been previously convicted of sexual harm. The team of volunteers work with the service user to support them and integrate them back into the community by reducing isolation.

Innovation Resettlement Grant

Innovation grant with the Ministry of Justice to deliver a project focussed on on breaking down isolation within the community and helping ex prisoners and their families to moved on with their lives. The team will work with individuals who have been convicted of sexual harm and their loved ones for two weeks before they are released from HMP Northumberland and HMP Holme House. After their release individuals are given access to a telephone support helpline and a befriending service in the community.

NEPACS

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

27 Unrestricted funds

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

General
Tea Bar
Family Holidays
Early Days in
Custody
Investment
Property
General funds
Previous year:
General fund
Tea Bar
Family Holidays
Early Days in
Custody		 At 1 April
2024
Incoming
resources
Resources
expended
£
£
£
1,136,754
1,375,218
(1,315,116)
96,465
141,113
(135,685)
2,353
-
-
(5,332)
5,332
-
-
-
-
-
-
-
1,230,240
1,521,663
(1,450,801)
At 1 April
2023
Incoming
resources
Resources
expended
£
£
£
1,205,101
1,162,283
(1,251,148)
55,253
151,372
(110,160)
3,700
-
(1,347)
11,807
202
(17,341)
1,275,861
1,313,857
(1,379,996)		 Transfers
Gains and
losses
At 31 March
2025
£
£
£
(395,000)
(4,756)
797,100
-
-
101,893
-
-
2,353
-
-
-
395,000
-
395,000
-
(170,000)
(170,000)
-
(174,756)
1,126,346
Transfers
Gains and
losses
At 31 March
2024
£
£
£
-
20,518
1,136,754
-
-
96,465
-
-
2,353
-
-
(5,332)
-
20,518
1,230,240

Tea Bar

Funds have been designated to be used for the provision of a tea bar at HMP Northumberland.

Family Holidays

Funds have been designated to allow the families of those who are in prison to go on holiday.

Youth Project

Funds have been designated for the children's and young peoples service which works across the region to support young people living in care or impacted by imprisonment, offering them the change to talk to someone they can trust during either an in person visit or in the community, and through trips or special projects where they have the opportunity to meet others in a similar situation.

Investment Property

Funds have been designated for the value of the investment property.

NEPACS

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

28 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2025
2025
£
£
At 31 March 2025:
Tangible assets
17,540
-
Investment properties
225,000
-
Investments
1
-
Current assets/(liabilities)
883,805
83,175
1,126,346
83,175
Unrestricted
Restricted
funds
funds
2024
2024
£
£
At 31 March 2024:
Tangible assets
13,040
-
Investment properties
395,000
-
Investments
1
-
Current assets/(liabilities)
822,199
71,190
1,230,240
71,190		 Total
2025
£
17,540
225,000
1
966,980
1,209,521
Total
2024
£
13,040
395,000
1
893,389
1,301,430

29 Related party transactions

NEPACS Trading Limited (Company Registration No. 07923538) is a wholly owned subsidiary of NEPACS.

During the year the company maintained an interest free loan from its subsidiary. At 31 March 2025 the balance on the loan was £1 (2024: £1).

NEPACS

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

30 Cash absorbed by operations 2025 2024
£ £
(Deficit)/surplus for the year (91,909) 25,569
Adjustments for:
Investment income recognised in statement of financial activities (14,332) (12,831)
Fair value gains and losses on investment properties 170,000 -
Fair value gains and losses on investments 4,756 (20,518)
Depreciation and impairment of tangible fixed assets 5,220 6,829
Portfolio management fee 3,000 3,000
Movements in working capital:
(Increase) in stocks (1,044) (1,772)
(Increase) in debtors (138,878) (146,420)
Increase/(decrease) in creditors 2,361 (88,624)
(Decrease)/increase in deferred income (51,997) 80,222
Cash absorbed by operations (112,823) (154,545)
31 Analysis of changes in net funds

The Charity had no material debt during the year.