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2025-07-31-accounts

Report of the Trustees and Financial Statements for the Year Ended 31 July 2025

ENVIRONMENTAL VISION Registered Company Number: 04422128 Registered Charity Number: 1095328

Contents

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Reference and Administrative Details 1
Report of the Trustees 2-18
Report of the Independent Auditors 19-22
Statement of Financial Activities 23
Balance Sheet 24
Cash Flow Statement 25
Notes to the Financial Statements 26-37
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Reference and Administrative Details

TRUSTEES

REGISTERED COMPANY NUMBER

T Shanagher (Chair) J Haligah B Hobkinson J Vyas S Yarrow

L Richards (appointed 05.12.24) D Richards (appointed 13.03.25) A Griffiths (appointed 12.06.25) S Theen (appointed 12.06.25) A Jakar (appointed 09.10.25) S Caines-Powell (appointed 11.03.26)

S Higgins (resigned 10.10.24) K Boswell (resigned 05.12.24) H Channa (resigned 10.03.25) S J Cooke (resigned 09.10.25) T Miller (resigned 11.03.26)

04422128 (England and Wales)

REGISTERED ADDRESS

82 Tanner Street London SE1 3GN

AUDITORS

Godfrey Wilson Limited 5th Floor Mariner House 62 Prince Street

Bristol BS1 4QD

CEO

BANKERS

George Kearney- Bambridge (from 1 July 2025) Elisabeth Paulson (until 30 June 2025)

Co-operative Bank PLC PO Box 101 1 Balloon Street Manchester M60 4EP

COMPANY SECRETARY

Joanna Lock

REGISTERED CHARITY NUMBER

National Westminster Bank Plc PO Box 712 94 Moorgate London EC2M 6UR

1095328 (England and Wales)

1

Report of the Trustees

Objectives and Activities

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2025. The trustees have adopted the provisions of 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).

“

Our Vision

At Envision, we believe a young person’s background mustn’t determine their future. We want to create a society where young people from less-advantaged backgrounds have an equal opportunity to build the Essential Skills and confidence ” needed to succeed in later life as their more privileged peers.

How We Do It

Objectives

Envision delivers public benefit through its work to empower young people, who are often under-represented in the world of work, to develop the essential skills and confidence they need to succeed. The trustees have had due regard to the Charity Commission’s guidance on public benefit.

Our primary objectives, as more formally set out in our Memorandum and Articles of Association, are to:

Advance the personal development of young people by developing their skills, capacities, and capabilities to enable them to participate in society as independent, mature, and responsible individuals

We empower young people from less-advantaged backgrounds, who are often underrepresented in the world of work, to develop the essential skills and confidence they need to succeed.

We partner each team of young people, led by an Envision Programme Coordinator, with a team of mentors from a local business to design and deliver a social action project that makes a positive change in their school or college community.

Working towards their project goals and key milestones, young people build the essential skills and confidence proven to support their education, employment and wellbeing.

Provide positive activities in the interests of social welfare and community cohesion

Advance the volunteering agenda and recognise and share excellence in volunteering

2

Report of the Trustees

Why We Do It

We are driven by a national challenge.

Young people from less-advantaged backgrounds continue to face systemic barriers to success. In 2025, the attainment gap at GCSE remains stark: students from low-income households are nearly two years behind their peers in academic achievement by the end of secondary school. This disadvantage extends beyond the classroom. Among 16- to 24-yearolds, 13.4% are not in education, employment, or training (NEET), with young people from lessadvantaged backgrounds disproportionately affected. [faireducat...espace.com], [ons.gov.uk]

Qualifications matter, but they are only part of the story.

Young people from low-income households are twice as likely to become NEET than their peers, yet academic qualifications only account for half of this gap. Research continues to show that Essential Skills - such as teamwork, communication, creativity and determination - are critical to success in work and life. The Fair Education Alliance’s 2025 Report Card highlights that gaps in these skills closely mirror those in academic attainment and employment outcomes, reinforcing the need for a more holistic approach to education. [faireducat...espace.com]

Essential Skills are not “soft”. They are foundational.

The Skills Builder Partnership’s 2025 Tracker shows that individuals with higher Essential Skill scores are more likely to adopt new technologies like AI, have greater earning potential, and report greater wellbeing and resilience. Yet opportunities to build these skills are not equally available. Young people from less-advantaged backgrounds have less exposure to skill-building experiences, in and out of school, which ultimately deepens the cycle of disadvantage.

And young people are asking for more.

Our Envision graduates speak passionately about how the skills they develop translate to life beyond the programme. This aligns with Skills Builder’s national findings: 91% of young people believe Essential Skills support progression into employment, and 89% say they help overcome wider life challenges. Yet many feel these skills are still not consistently part of their education.

Employers agree.

The CBI’s latest employer insights show that businesses continue to express concern about school leavers’ readiness for work, particularly in areas like communication, self-management and problem-solving. A 2024 survey by CBI Economics found that only 28% of employers believe young people are well-prepared for the workplace, with many citing a lack of transferable skills as a key barrier. [cipd.org]

We must level the playing field for Essential Skills.

Too many young people from less-advantaged backgrounds miss out on the experiences that build confidence and Essential Skills, and that limits their future. This is unacceptable. We believe where you grow up must never determine where you’re going. Through our programme, we give young people the tools, confidence, and opportunities to not just succeed, but to thrive in education, in work, and in life.

3

Report of the Trustees

2024/25 Summary

As we wrap up the first year of our new three-year strategy, our commitment remains clear: to empower young people from lessadvantaged backgrounds to develop the Essential Skills and confidence they need to succeed in education, employment, and life.

Building on the foundations of our previous strategy, this year we’ve focused on embedding the next phase of our ambition - to reach more young people, deepen partnerships, drive focus and funding behind Essential Skills, and grow with efficiency and impact. We’ve expanded into new areas around our core delivery hubs, strengthened our internal systems, and continued to work closely with schools, businesses and community partners to ensure high-quality delivery.

We know the opportunity gap facing young people from lessadvantaged backgrounds remains stark - and that intentionally developing Essential Skills is a powerful way to help close it. These enduring, transferable skills are increasingly recognised as essential to success, yet too many young people still lack structured opportunities to build them.

That’s why this year we’ve not only delivered our programme to more young people, with quality and

consistency, but have also continued to build the evidence base for what works. We’re committed to demonstrating that these skills can be developed with intention and rigour, supporting the wider movement to make Essential Skills a core part of education and youth development across the UK.

operational pressures driven by rising costs, stagnant income, and increased demand for services, continues to test charities across the sector and is shaping a tougher fundraising landscape. But our resolve remains strong. With a passionate and determined team, we’ll continue to drive meaningful impact and sustainable growth, staying focused on the difference we can make together.

We are excited about the momentum we’re building and grateful to the team and partners who share our vision: that all young people, no matter their background, deserve the opportunity to build the skills they need to succeed.

As we look to the year ahead, we know there will be challenges to navigate. The ‘Big Squeeze’, referring to the financial and

George Kearney CEO

4

Report of the Trustees

Activities and Achievements

Our 2024–27 strategy sets out our aim to grow our reach in the cities where we already work, while expanding to new locations. This will ensure even more young people who need our support can access the Envision Programme and gain equal opportunities to build Essential Skills and confidence. In 2024/25, we:

Empowered more young people – and showed measurable results

Collaborated for local impact and young people’s success

Put Essential Skills at the heart of policy and practice

Strengthened our team and governance to deliver impact

5

Report of the Trustees

Our Impact

This year marked the first year of our latest three-year Impact Strategy, our roadmap for reaching the young people who need us most, delivering meaningful outcomes, and using data to stay focused, effective, and accountable. The strategy reaffirms our commitment to continuously strengthening the quality of our programme and seeking external evaluation to understand and improve our impact.

This work has been supported by the Mercers’ Charitable Foundation, City Bridge Foundation - London’s biggest independent charity funder, The Considered Ask, The Dulverton Trust and The Vintners Company, all of whom have provided vital underpinning funding to Envision’s programmes and strategic development. We would like to take this opportunity to extend a special thank you to these trust and foundation supporters for their commitment to developing young people’s Essential Skills and confidence.

Independent evaluation also remains central to our approach, helping us to understand what works, demonstrate our impact, and strengthen our delivery over time. External evidence from 2024/25 continues to show that Envision supports rapid and meaningful development of young people’s Essential Skills, reinforcing the value of targeted, high-quality provision.

1,424

young people from 60 schools and colleges across Bristol, West Midlands and London engaged on the Envision programme.

96%

of young people said that taking part in the Envision programme has helped them to develop their confidence.

98%

of graduates from 2023-24 reported having maintained or improved their Essential Skills in the 12 months since leaving the programme

6

Report of the Trustees

Essential Skills Development

The Envision programme is intentionally designed to support young people in developing specific, measurable improvements in their Essential Skills. To understand the impact of our work, young people complete an Essential Skills selfevaluation at the beginning and end of the programme, so that we can assess their development across our four skills.

In 2024/25, among the young people who completed both surveys:

90% demonstrated improvement in their Communication

89% demonstrated 88% demonstrated 85% demonstrated improvement in their improvement in their improvement in their Creativity Determination Teamwork

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At school, creativity and communication can feel boxed into certain time slots - you’re only creative in Art, only communicative in English. But with Envision, those things weren’t scheduled. They just came out naturally. It wasn’t forced. We were just doing the project, and the Essential Skills came out on their own.

Ejona, Envision Graduate ”

7

Report of the Trustees

External Evaluation

At Envision, we believe Essential Skills - communication, creativity, determination and teamwork - are just that: essential. Like academic outcomes, they deserve to be measured rigorously, challenged with high expectations, and celebrated when progress is made. We’re committed to transparency, accountability and continuous improvement. That’s why we take outcomes seriously.

Our approach to measuring impact is built on 5 foundations:

While the first three steps are led internally, the fourth involves external experts. For the past three years, we’ve partnered with DMH Associates and Skills Builder Partnership to benchmark our impact against national datasets.

Benchmarking Essential Skills

Our most recent evaluation, published in October 2025, provided the clearest evidence yet that Envision consistently supports rapid and meaningful skills growth, and that our impact is improving over time. Our 2024/25 evaluation shows:

Consistent and growing progress over time

Every cohort made statistically significant gains in their skills development. Later cohorts progressed faster, showing that as our model becomes more embedded, the impact of delivery rises.

Faster growth than mainstream education

Envision participants outpaced peers in their skills development in comparison to “business-as-usual” education settings. This year we exceeded last years outcome with progress even faster than the sixtimes-faster figure reported last year.

The power of targeted provision

Our results match other high-quality interventions, proving that structured, skills-focused programmes work. Leaving skills to chance doesn’t.

Our long-term outcomes

In addition to the findings above, our long term outcomes data this year demonstrated that 98% of graduates from 2023/24 maintained or improved their Essential Skills in the 12 months since leaving the programme. This isn’t just data - it’s proof that Essential Skills can be developed in a meaningful way with the right opportunities and support. It shows the value of sustained investment and the potential for national change. We are continuing to capture long-term outcome data to strengthen our evidence base and ensure our impact remains clear and measurable.

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Report of the Trustees

Our Programme

Our structured programme is delivered in schools and colleges by our trained Envision staff and runs over a 12-week (Secondary) or 20-week (post-16) period. Each team of young people is partnered with a team of mentors who support them to design, develop, and deliver an in-school, social action project that will make a positive change in their school or college.

Working towards their project goals and key milestones, young people build the Essential Skills and confidence proven to support their education, employment and well-being. Culminating in a final cross-school event, teams come together to showcase their skills development and project achievements to their peers, mentors, and a panel of judges.

The details of the codified programme design are as follows:

Weekly in-school sessions are facilitated by an Envision Programme Coordinator. Young people work in teams to design, develop, and deliver a social action project that makes a positive change in their sixth form or college community. Mentors do not attend these sessions.

At mentoring sessions, our Programme Coordinators facilitate sessions in your workplace. Mentors work collaboratively with young people on their projects to develop their skills, confidence, and raise their aspirations. There are 4/5 mentor engagements throughout the programme. Each session lasts for 2 hours and begins with a 30-minute briefing session.

Young people take part in two progressively demanding ‘milestones’:

The Progress Report: Where they present their initial ideas for their project to mentors and peers and gain feedback

The Final Presentation: Where they showcase their skills development and project achievements to their peers, mentors, and a panel of judges. This is an opportunity to celebrate and reflect on their successes, and for the winning team to walk away with the Envision trophy!

Post-16 Only

After the final event, young people will meet with their mentors to reflect on their experiences and learnings, considering how they can apply these insights beyond Envision. They will also have access to our Grad Network, work experience opportunities with our partners, as well as opportunities to expand their network and continue their skills growth.

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Report of the Trustees

Our Partnerships

In a year shaped by economic uncertainty and a challenging fundraising landscape across the charity sector, the commitment of Envision’s partners and supporters has been extraordinary. We’re deeply grateful to the brilliant community of businesses, schools, individual donors, fundraisers, trusts and foundations who have helped us extend our reach and deliver highimpact programmes throughout 2024/25.

Together, we’ve supported 1,424 young people to build the skills and confidence they need for school, work, and lifelong wellbeing. Through vital financial contributions, thousands of hours of volunteer mentoring, and the generous sharing of expertise and resources, our partners have gone above and beyond to open up opportunities for young people from less-advantaged backgrounds.

To every partner, supporter and champion - thank you. Your belief in young people and in our mission has made this progress possible.

50

60

87%

98%

corporate partners engaged on our programme

schools and colleges engaged across all our programmes

retention rate of schools and corporate partners

of mentors would recommend being a mentor to a colleague.

“

I believe that the Envision programme is one of the most productive ways experienced professionals can spend their time to deliver tangible benefits to the wider community. There are few more effective methods of giving back, and being involved in the programme was a pleasure and a privilege from start to end.

Mentor, Envision Programme

”

“

Responsible business and what your own business gives back to the community is a real asset and something that clients really value. Working with Envision provides an opportunity to showcase how you support social responsibility and it’s a great way for employees to use any volunteering hours they have in a really productive way.

Mentor Lead, Envision Programme ”

10

Report of the Trustees

Fundraising

During the financial year ending 31 July 2025 Envision engaged in fundraising activities which included the annual Envision Cycling Challenge event, corporate partnerships, grant applications, philanthropic donations (major gifts from individuals, trusts, and foundations) and online donations. All fundraising activities were managed directly by Envision and its team.

Envision is dedicated to responsible fundraising and complies with UK GDPR regulations to protect donor privacy. The charity’s commitment includes maintaining transparency in communications about fund usage, providing donors with visibility on how their contributions are utilised, securely handling personal data in accordance with fundraising best practices, and respecting donor requests for anonymity.

Envision remains fully committed to its fundraising efforts and is pleased to report that no complaints were received regarding fundraising activities over the past year.

11

Report of the Trustees

External Affairs

Envision aims to be a leading, impact-driven provider of Essential Skills and confidence-building programmes for less-advantaged young people in the UK, while working to ensure that all young people have the opportunity to develop these vital skills.

Our three-year strategy focuses on making Essential Skills a priority in emerging education and youth employment policy. This year, we proudly submitted evidence to the Department for Education’s Curriculum and Assessment Review, both independently and as part of the Fair Education Alliance’s joint submission. The interim report identified Essential Skills as a likely area of focus, marking a promising step forward in this wider campaign.

Envision also co-chaired the Fair Education Alliance’s collective action working group on inclusion and wellbeing, reinforcing our belief that the best way to scale Essential Skills provision is by integrating it into government priorities. At a regional level, we’re building local skills networks that bring together government, businesses, and schools to create stronger pathways for young people to thrive.

Another priority is strengthening our role as a champion and exemplar of high-quality skills programmes. After the final year of our pioneering external benchmarking evaluation, we will continue to share results across the sector, demonstrating that Essential Skills can be developed with intention and rigour.

their potential. We remain committed to telling that story clearly and consistently, so that Essential Skills remain at the heart of the national conversation.

Through our communications, we’ve amplified the outcomes of our work and the collective impact of our partners. These relationships reflect our belief that building young people’s skills takes local collaboration, long-term commitment, and a shared belief in

12

Report of the Trustees

Our Learnings

We are committed to learning at every stage. By actively listening to our young people and partners, and using data to understand our impact, we reflect on what’s working, identify areas for growth, and continually improve the way we work.

Stronger local partnerships, greater opportunities for young people

We see an increased need for place-based approaches and networks grounded by strong national, evidencedbased learnings. Using our proven, impact-led model and growing evidence base, we bring together local partners to support young people’s success. Innovative funding models, such as the Rigby Foundation’s Inspiring Futures - of which we are a launch partner - enable schools and charities to collaborate regionally, improving opportunities and outcomes for young people. This approach helps us deepen partnerships in our hub areas and maximise impact.

Investing in impact benefits our young people and policy

Building our outcomes and evidence takes time and resources - but it’s worth it. Not only for the young people we serve, but for the wider education, skills and youth employment landscape.

Four years ago, we committed to a mission centred on Essential Skills and began strengthening our internal systems to track progress, learn from data, and continuously improve our effectiveness. Since then, we’ve also welcomed external scrutiny - through randomised control trials and, more recently, a unique benchmarking evaluation. This year, we submitted our findings to the Department for Education’s Curriculum and Assessment Review. The resulting interim report commits to developing a “cutting-edge curriculum” that equips young people with the skills “to adapt and thrive in the world and workplace of the future.”

This language, and the focus it reflects, is both new and exciting. It affirms that our investment in impact contributes to a wider movement, and it’s a contribution worth every penny.

Organisational resilience is essential in times of challenge

The current charity landscape remains complex. While opportunities exist, fundraising to deliver our mission is increasingly competitive and as challenging as ever. As we look ahead to 2025/26, we know we’ll be operating in a financially constrained market that demands adaptability, resilience and careful planning.

Over the past few years, we’ve laid the groundwork for sustainability, strengthening our systems, refining our processes, and building a high-performing, values-driven team. This organisational foundation gives us the stability to meet challenges head-on and stay focused on our mission. But we also recognise that resilience is not a one-off effort, it’s an ongoing priority as we continue to grow, adapt, and deliver lasting impact for young people.

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For me, it's about giving back to people in the community and in the city you're from. I think if you can help a young person to open their eyes to a career or an opportunity they hadn't thought of before, that's a really nice feeling.

Mentor, Envision Programme ”

13

Report of the Trustees

Financial Review

Summary:

In 2024/25, Envision maintained a resilient and stable financial position, generating total income of £1,197,633 (2023/24: £1,245,131), supporting the continued delivery of its strategic objectives.

Prior year income (reported in 23/24 accounts) included £190,617 of restricted reserves income which related to the funding of the future programme delivery year 2024/25. In contrast, £22,000 of restricted income has been recognised in the 2024/25 accounts for programmes taking place in future years. Given the rise in annual costs, this has contributed to a higher net expenditure for the year. This change reflects the later timing of securing income for the 2025/26 programme year, whereas in previous years funding was usually confirmed before the end of the preceding financial year. This underlines the growing challenges in the charity fundraising landscape, with corporate and trust and foundation funding becoming increasingly competitive, compounded by broader economic pressures

During the year Envision received income from the following sectors: trusts and foundations 51% (2023/24: 34%); corporate 22% (2023/24: 39%); individual donations 21% (2023/24: 20%); school contributions 5% (2023/24; 6%) and other trading activities 1% (2023/24; 1%). Although corporate partnership income has decreased this year, we are pleased to report a significant increase in grant funding from trusts and foundations who remain committed to supporting Envision’s strategic mission.

In 24/25 we are reporting an accounting deficit of £238,634. This is due to significant funds having been raised in advance in the 23/24 financial year for delivery of programmes in 24/25. Operationally, including the restricted reserves from 23/24 for 24/25 programme delivery, this deficit is £48,017. This deficit has been covered by our unrestricted reserves. Further details of the financial activity are set out in the statement of financial activities on page 23. At the end of the year the charity had net assets of £692,588 (2023/24: £931,222) analysed in the balance sheet on page 24.

14

Report of the Trustees

Financial Review

Reserves Policy:

The trustees review free reserve levels annually and they are monitored throughout the year. Free reserves exclude fixed assets and restricted funds and enable Envision to continue its operations in a changing environment. Management regularly review funds within the scope of the reserves policy to take in to account the latest targets and assessment of risks and opportunities.

The trustees consider that in the light of plans to continue to develop charitable activities and to manage risk Envision should target free reserves over 3 months’ cover to allow Envision to prudently but effectively continue those operations, calculated as £366k (2023/24: £360k). At year-end 2024/25, Envision maintained 5.4 months' free reserves cover of £665k (2023/24: 6 months’ cover, £728k).

The current reserves provide 2.4 months' reserve cover above the minimum level, serving as a safeguard to manage risk and unexpected or inflation impacted costs. This is particularly important given the potential fundraising challenges experienced in 2024-25 and where operating costs are already under pressure. The trustees recognise the need to balance maintaining adequate reserves with rising costs while also investing in resources to strengthen fundraising efforts. To achieve this, the income strategy is being reviewed and strengthened to identify new trust and foundation opportunities, and to develop and maintain partner income to support long-term financial sustainability.

Going concern:

We have set out above a review of Envision’s financial performance and the general reserves position. The trustees are satisfied that the charity possesses adequate financial resources and has the capacity to manage business risks for the foreseeable future, extending beyond the next 12 months. We believe that there are no material uncertainties that call into doubt Envision’s ability to continue in operation. Accordingly, the accounts have been prepared on the basis that Envision is a going concern.

15

Report of the Trustees

Structure, Governance and Management

Governing document:

The charity is controlled by its governing document, the Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The company was incorporated on 22nd April 2002 and registered as a charity on 9th January 2003.

Recruitment and appointment of new

trustees:

Environmental Vision (Envision) advertises its Trustees positions through networks, contacts and openly through the media and on our website. Anyone interested in joining the Board of Trustees is required to complete an application form, including a personal statement outlining how their skills and experience meet the requirements of the role. All shortlisted candidates are interviewed by the Chair of Trustees and Chief Executive. Feedback is provided to both successful and unsuccessful candidates.

Organisational structure:

The Board of Trustees is responsible for overseeing strategic development, financial security and legal compliance. It holds the executive to account over planned objectives. The board meets quarterly over the course of the year and Trustees are involved in other operational matters as needs dictate.

Young Trustees receive a more in-depth induction and particular support from the Director of Finance and Operations to ensure that they are able to contribute fully. Trustees periodically attend top-up training, attend events and visit our regional offices.

Risk Management:

The Board of Trustees are responsible for ensuring that the Charity has the systems and means to provide reasonable assurance against inherent risks. These risks include operational, financial and regulatory risks. Envision has a categorised risk assessment along with a risk assessment register to identify and score potential risks. The Board of Trustees have acknowledged that the systems have been established to mitigate the risks prevented and are satisfied with the organisation’s handling of these matters.

Remuneration policy:

The Board of Trustees determines the pay and remuneration of its key management personnel by considering factors such as sector benchmarks, responsibilities of the role, and the financial position of the organisation. Salaries are reviewed and approved by the Board on an annual basis with reference to comparable roles in similar organisations and guidance from external remuneration surveys where appropriate.

Responsibility for day-to-day management of the charity is delegated to the Chief Executive and Senior Management Team.

Induction and training of new trustees:

All Trustees receive an induction pack including the NCVO ‘Good Trustee Guide’ and key organisational policies and documents. New Trustees meet with senior staff prior to appointment to run through the organisation’s structure, activities, finances and future plans.

16

Report of the Trustees

Statement of Trustees’ Responsibilities

The trustees (who are also the directors of Environmental Vision for the purposes of company law) are responsible for preparing the Report of the Trustees 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 income and expenditure of the charity for that period. In preparing those financial statements the trustees are required to:

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

In so far as the trustees are aware:

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £5 to the assets of the charitable company in the event of winding up. The trustees are members of the charitable company but this entitles them only to voting rights. The trustees have no beneficial interest in the charitable company.

17

Report of the Trustees

Auditors

Godfrey Wilson Limited were re-appointed as auditors to the charitable company during the year and have expressed their willingness to continue in that capacity.

Approved by order of the board of trustees on 31 March 2026.

And signed on its behalf by:

………………………………………………………..

T. Shanagher – Trustee

18

Independent auditors' report

To the members of

Environmental Vision

Opinion

We have audited the financial statements of Environmental Vision (the 'charity') for the year ended 31 July 2025 which comprise the statement of financial activities, balance sheet, statement of cash flows and the related notes to the financial statements, including a summary of 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 the provisions available for small entities, in the circumstances set out in note 9 to the financial statements, 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. 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.

19

Independent auditors' report

To the members of

Environmental Vision

In connection with our audit of the financial statements, 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 audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. 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.

Opinion on other matters prescribed by the Companies Act 2006

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

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company 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. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of the trustees

As explained more fully in the trustees’ responsibilities statement set out in the trustees’ report, the trustees (who are also the directors of the charitable company for the purposes 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 charity or to cease operations, or have no realistic alternative but to do so.

20

Independent auditors' report

To the members of

Environmental Vision

Our 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.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The procedures we carried out and the extent to which they are capable of detecting irregularities, including fraud, are detailed below:

(1) We obtained an understanding of the legal and regulatory framework that the charity operates in, and assessed the risk of non-compliance with applicable laws and regulations. Throughout the audit, we remained alert to possible indications of non-compliance.

(2) We reviewed the charity’s policies and procedures in relation to:

(3) We inspected the minutes of trustee meetings.

(4) We enquired about any non-routine communication with regulators and reviewed any reports made to them.

(5) We reviewed the financial statement disclosures and assessed their compliance with applicable laws and regulations.

(6) We performed analytical procedures to identify any unusual or unexpected transactions or balances that may indicate a risk of material fraud or error.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. Irregularities that arise due to fraud can be even harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

21

Independent auditors' report

To the members of

Environmental Vision

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: 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 charityʼs 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 charityʼs members those matters we are required to state to them in an auditorʼs 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 charityʼs members as a body, for our audit work, for this report, or for the opinions we have formed.

William Guy Blake

Date: 31 March 2026

William Guy Blake ACA (Senior Statutory Auditor)

For and on behalf of:

GODFREY WILSON LIMITED

Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD

22

Environmental Vision

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 July 2025

Restricted Unrestricted
Note
£
£
Income from:
Donations
4
-
400,824
Charitable activities
5
720,257
58,250
Other trading activities
6
-
18,145
Investment income
-
157
Total income
720,257
477,376
Expenditure on:
Raising funds
-
156,333
Charitable activities
895,916
384,018
Total expenditure
8
895,916
540,351
9 (175,659)
(62,975)
Reconciliation of funds:
Total funds brought forward
203,361
727,861
Total funds carried forward
27,702
664,886
Net expenditure and net movement in
funds		 2025
Total
£
400,824
778,507
18,145
157
1,197,633
156,333
1,279,934
1,436,267
(238,634)
931,222
692,588		 Restated
2024
Total
£
433,308
795,313
16,510
-
1,245,131
141,877
1,121,052
1,262,929
(17,798)
949,020
931,222

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in note 16 to the accounts.

Prior period expenditure has been restated for a change in accounting policy, as set out in note 2 to the accounts.

23

Environmental Vision

Balance sheet

As at 31 July 2025

As at 31 July 2025
Note
Current assets
Debtors
12
Cash at bank and in hand
Liabilities
Creditors: amounts falling due within 1 year
13
Net current assets
Net assets
15
Funds
16
Restricted funds
General funds
Total charity funds		 £
65,871
740,833
806,704
(114,116)		 2025
£
692,588
692,588
27,702
664,886
692,588		 2024
£
96,979
891,003
987,982
(56,760)
931,222
931,222
203,361
727,861
931,222

These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime.

Approved by the trustees on 31 March 2026 and signed on their behalf by

T Shanagher - Trustee

24

Environmental Vision

Statement of cash flows

For the year ended 31 July 2025

Cash used in operating activities:
Net movement in funds
Adjustments for:
Increase in debtors
Increase in creditors
Decrease in provisions
Interest receivable
Net cash used in operating activities
Cash flows from investing activities:
Interest received
Net cash provided by investing activities
Decrease in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year		 2025
£
(238,634)
31,108
57,356
-
(157)
(150,327)
157
157
(150,170)
891,003
740,833		 2024
£
(17,798)
(2,969)
1,708
(13,000)
-
(32,059)
-
-
(32,059)
923,062
891,003

The charity has not provided an analysis of changes in net debt as it does not have any long term financing arrangements.

25

Environmental Vision

Notes to the financial statements

For the year ended 31 July 2025

1. Accounting policies

a) General information and basis of preparation

Environmental Vision is a charitable company limited by guarantee registered in England and Wales. The registered office address is Canopi, 82 Tanner Street, London, SE1 3GN.

The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Environmental Vision meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

b) Going concern basis of accounting

The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from the government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of provision of events or contracted school programmes is deferred until criteria for income recognition are met.

d) Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item, is probable and the economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

26

Environmental Vision

Notes to the financial statements

For the year ended 31 July 2025

1. Accounting policies (continued)

e) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank.

f) Funds accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.

g) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

h) Allocation of support and governance costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been re-allocated between the cost of raising funds and the cost of charitable activities primarily based on staff headcount of these activities. Bank charges have been allocated on the basis of expenditure relating to fundraising.

i) Tangible fixed assets

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Computer equipment 3 years

Items of equipment are capitalised where the purchase price exceeds £1,500.

j) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

27

Environmental Vision

Notes to the financial statements

For the year ended 31 July 2025

1. Accounting policies (continued) k) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

l) Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

m) Provisions

A provision is recognised in the balance sheet when the charity has a present legal or constructive obligation as a result of a past event, that can be reliably measured and it is probable that an outflow of economic benefits will be required to settle the obligation. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

n) Financial instruments

The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.

o) Pension costs

The company operates a defined contribution pension scheme for its employees. There are no further liabilities other than that already recognised in the SOFA.

p) Foreign currency transactions

Transactions in foreign currencies are translated at rates prevailing at the date of the transaction. Balances denominated in foreign currencies are translated at the rate of exchange prevailing at the year end.

q) Accounting estimates and key judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying 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 if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

There are no key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements.

28

Environmental Vision

Notes to the financial statements

For the year ended 31 July 2025

2. Prior period restatement Due to a change in accounting policy for the re-allocation of support and governance costs between the cost of raising funds and the cost of charitable activities, prior period expenditure between these two categories has been restated. This has resulted in expenditure on raising funds increasing and expenditure on charitable activities decreasing by £19,593. The restatement only impacts the split of expenditure between raising funds and charitable activities, and has no impact on total expenditure or net movement in funds.

3. Prior period comparatives: statement of financial activities

Income from:
Donations
Charitable activities
Other trading activities
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net income / (expenditure)
Transfers between funds
Net movement in funds		 Restricted
£
£
-
433,308
722,013
73,300
-
16,510
722,013
523,118
-
141,877
836,008
285,044
836,008
426,921
(113,995)
96,197
10,901
(10,901)
(103,094)
85,296
Unrestricted		 Restated
2024
Total
£
433,308
795,313
16,510
1,245,131
141,877
1,121,052
1,262,929
(17,798)
-
(17,798)

4. Income from donations

Donations
Grants
Gift aid
Total income from donations		 2025
Total
£
220,030
153,100
27,694
400,824		 2024
Total
£
215,359
186,906
31,043
433,308

All income from donations was unrestricted in the current and prior period.

29

Environmental Vision

Notes to the financial statements

For the year ended 31 July 2025

5. Income from charitable activities

Grants
School contributions
Total income from charitable activities
Prior period comparative
Consultancy
Grants
School contributions
Total income from charitable activities		 Restricted
£
£
720,257
-
-
58,250
720,257
58,250
Restricted
£
£
-
1,500
722,013
-
-
71,800
722,013
73,300
Unrestricted
Unrestricted		 2025
Total
£
720,257
58,250
778,507
2024
Total
£
1,500
722,013
71,800
795,313

6. Income from other trading activities

Income from other trading activities
Fundraising events
Total income from other trading activities		 2025
Total
£
18,145
18,145		 2024
Total
£
16,510
16,510

All income from other trading activities was unrestricted in the current and prior period.

7. Government grants

The charitable company receives government grants, defined as funding from NHS Birmingham and Solihull Integrated Care Board to fund charitable activities. The total value of such grants in the period ending 31 July 2025 was £Nil (2024: £15,000). There are no unfulfilled conditions or contingencies attaching to these grants in the current or prior year.

30

Environmental Vision

Notes to the financial statements

For the year ended 31 July 2025

8. Total expenditure

Total expenditure
Staff costs (note 10)
Digital costs
Events
Other staff costs
Other direct costs
Fundraising costs
Rent and rates
Insurance
Computer consumables
Office consumables
Sundries
Bad debt
Governance costs
Auditors' remuneration
Bank charges
Sub-total
Total expenditure
Allocation of support and
governance costs		 Raising funds
£
111,954
-
-
-
-
22,741
-
-
-
-
-
-
-
-
-
134,695
21,638
156,333		 Charitable
activities
£
801,864
722
30,458
77,154
14,795
-
-
-
-
-
-
-
-
-
-
924,993
354,941
1,279,934		 Support and
governance
costs
£
191,152
-
-
26,626
-
-
91,930
2,824
37,120
4,313
5,718
1,000
69
12,600
3,227
376,579
(376,579)
-		 2025 Total
£
1,104,970
722
30,458
103,780
14,795
22,741
91,930
2,824
37,120
4,313
5,718
1,000
69
12,600
3,227
1,436,267
-
1,436,267

Total governance costs were £12,669 (2024: £12,069).

31

Environmental Vision

Notes to the financial statements

For the year ended 31 July 2025

8.
Total expenditure (continued)
Prior period comparative
(restated)
Staff costs (note 10)
Digital costs
Events
Other staff costs
Other direct costs
Fundraising costs
Rent and rates
Insurance
Computer consumables
Consultancy
Office consumables
Sundries
Governance costs
Auditors' remuneration
Bank charges
Sub-total
Total expenditure
Allocation of support and
governance costs		 Raising funds
£
102,125
-
-
-
-
20,159
-
-
-
-
-
-
-
-
-
122,284
19,593
141,877		 Charitable
activities
£
690,087
7,689
25,456
62,274
14,636
-
-
-
-
-
-
-
-
-
-
800,142
320,910
1,121,052		 Support and
governance
costs
£
172,922
-
-
7,289
-
-
59,060
3,046
62,295
11,884
4,448
4,162
69
12,000
3,328
340,503
(340,503)
-		 2024 Total
£
965,134
7,689
25,456
69,563
14,636
20,159
59,060
3,046
62,295
11,884
4,448
4,162
69
12,000
3,328
1,262,929
-
1,262,929

32

Environmental Vision

Notes to the financial statements

For the year ended 31 July 2025

9. Net movement in funds

This is stated after charging:

Operating lease payments
Trustees' remuneration
Trustees' reimbursed expenses
Auditors' remuneration (excluding VAT):
Statutory audit		 2025
£
86,978
Nil
40
10,500		 2024
£
61,990
Nil
Nil
10,000

In common with other charities of our size and nature we use our auditors to assist with the preparation of the financial statements.

During the year, one trustee was reimbursed for travel expenses.

10. Staff costs and numbers

Staff costs were as follows:

Salaries and wages
Social security costs
Pension costs		 2025
£
963,471
93,296
48,203
1,104,970		 2024
£
851,048
71,737
42,349
965,134

Included in salaries and wages are redundancy and termination costs totalling £nil (2024: £4,823). Redundancy and termination costs have been funded from unrestricted general funds.

Employees earning more than £60,000 during the year:
Between £60,000 and £70,000
Between £70,000 and £80,000		 2025
No.
2
-		 2024
No.
1
1

The key management personnel of the charitable company comprise the Trustees, Chief Executive Officer, and Director of Finance and Resources. The total employee benefits of the key management personnel were £146,662 (2024: £156,891).

Average headcount:
Programme coordination and support
Fundraising
Total average head count		 2025
No.
28
3
31		 2024
No.
24
3
27

33

Environmental Vision

Notes to the financial statements

For the year ended 31 July 2025

11. Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

12. Debtors

Trade debtors
Prepayments
Accrued income
Other debtors		 2025
£
15,280
28,779
15,750
6,062
65,871		 2024
£
1,000
23,208
66,709
6,062
96,979

13. Creditors: amounts falling due within 1 year

Trade creditors
Accruals
Other taxation and social security
Deferred income (see note 14)
Other creditors		 2025
£
6,252
35,559
23,563
33,475
15,267
114,116		 2024
£
2,076
18,611
22,167
13,775
131
56,760

14. Deferred income

At 1 August
Deferred during the year
Released during the year
At 31 July		 2025
£
13,775
33,475
(13,775)
33,475		 2024
£
14,160
13,775
(14,160)
13,775

Deferred income relates to school contributions and bike ride entry fees paid in advance of the activity taking place.

34

Environmental Vision

Notes to the financial statements

For the year ended 31 July 2025

15. Analysis of net assets between funds

Analysis of net assets between funds
Current assets
Current liabilities
Net assets at 31 July 2025
Current assets
Current liabilities
Net assets at 31 July 2024
Prior period comparative		 £
27,702
-
27,702
£
203,361
-
203,361
Restricted
funds
Restricted
funds		 £
779,002
(114,116)
664,886
£
784,621
(56,760)
727,861
General
funds
General
funds		 Total
funds
£
806,704
(114,116)
692,588
Total
funds
£
987,982
(56,760)
931,222

35

Environmental Vision

Notes to the financial statements

For the year ended 31 July 2025

16. Movements in funds

Restricted funds
London 24/25
London 25/26
Birmingham 24/25
Bristol 24/25
Bristol 25/26
Graduate Network
Total restricted funds
Unrestricted funds
General funds
Total unrestricted funds
Total funds
Data impact and
management
Strategic development and
consultancy		 At 1
August
2024
£
99,367
-
76,250
15,000
-
-
-
12,744
203,361
727,861
727,861
931,222		 Income
£
170,625
14,000
210,836
61,500
8,000
143,096
112,200
-
720,257
477,376
477,376
1,197,633		 £
(269,992)
-
(287,086)
(76,500)
-
(143,096)
(106,498)
(12,744)
(895,916)
(540,351)
(540,351)
(1,436,267)
Expenditure		 £
-
-
-
-
-
-
-
-
-
-
-
-
Transfers
between
funds		 £
-
14,000
-
-
8,000
-
5,702
-
At 31 July
2025
27,702
664,886
664,886
692,588

Purposes of restricted funds

London, Birmingham and Bristol

Donations, grants and other income received by Envision to support the delivery of programmes in a specific school, region, or for a designated programme year.

Graduate Network

Towards external communications strategy and development of our graduate network and work experience programme.

Strategic development and consultancy

Towards research and market mapping for schools growth plan.

Data impact and management

Towards the implementation of new data and impact monitoring system and ongoing impact management.

36

Environmental Vision

Notes to the financial statements

For the year ended 31 July 2025

16. Movements in funds (continued)

Restricted funds
London 23/24
London 24/25
Birmingham 23/24
Birmingham 24/25
Bristol 23/24
Bristol 24/25
Graduate Network
Strategic development
and consultancy
Data impact and
management
Total restricted funds
Unrestricted funds
General funds
Total unrestricted funds
Total funds
Prior period comparative		 At 1
August
2023
£
115,789
-
84,500
-
76,500
-
9,666
20,000
-
306,455
642,565
642,565
949,020		 Income
£
190,000
99,367
104,250
76,250
76,000
15,000
111,146
-
50,000
722,013
523,118
523,118
1,245,131		 £
(305,789)
-
(188,750)
-
(152,500)
-
(131,713)
(20,000)
(37,256)
(836,008)
(426,921)
(426,921)
(1,262,929)
Expenditure		 £
-
-
-
-
-
-
10,901
-
-
10,901
(10,901)
(10,901)
-
Transfers
between
funds		 £
-
99,367
-
76,250
-
15,000
-
-
12,744
At 31 July
2024
203,361
727,861
727,861
931,222

17. Operating lease commitments

The charity had operating leases at the year end with total future minimum lease payments as follows:

Amount falling due:
Within 1 year		 2025
£
22,238		 2024
£
15,981

18. Related party transactions

During the year 1 trustee (2024: 2 trustees) paid £350 (2024: £1,350) for entry onto the charity's annual bike ride fundraiser. 2 trustees (2024: none) paid £1,663 for entry into the 25/26 bike ride, which is included in deferred income at 31 July 2025.

T Shanagher, a trustee, is also a director of Cap Foehn Ltd. During the prior year, Cap Foehn Ltd paid £650 for bike ride entry fees which was included in deferred income at 31 July 2024.

37

Working in partnership with:

@envisionUK Envision www.envision.org.uk

Envision is a register charity number 1095328 based at Canopi, 82 Tanner Street, London SE1 3GN