Charity iegistration number 1096086 IEngland and Wales)
Cornpany reg15tratlon number 04375649
9 LIVES FURNITURE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

9 LIVES FURNITURE
LEGAL AND ADMINISTRATIVE INFORMATION
Trusto0s
Irvin Cohen
R05ernary Hadfield M.B.E
Andrew Blatherwick
Davitj Sliaipe
Sergio Mus51
Donald Milligan
Paul Redin9ton
Robyn Sutcjiffe
Isab81 Montesdecca
Jayne Cook
(Appointed 11 February 20251
IAppolnt8d 11 February 20251
(Appointed 29 April 20251
Chalr
Andrew Blatherwick
TYoa&urer
Irvin Cohen
8enlor management
Sharon Hurfor¢l
General Manager
Charlly numb•r (England and Wal9$1
1096086
Company number
04375649
Reglstered offlc•
25 Whtrf Lan8
Rickmansworth
Hertlord5hSre
WD3 1HA
Independent examiner
John Wilson FCA ATII
Howard Wilson Chari8r8d Accountants
38 Crown Rise
Watford
Hortlordshlre
WD25 ONE
Bank9rs
CAF 881)k
25 Kings Hlll Av#nue
West Malling
Kent
ME104JQ

9 LIVES FURNITURE
CONTENTS
Page
Trustees. Ipport
Ind8p8ndent exatnlner's report
Stslemenl of financial activlties
Balance sheet
Noles lo the flnan¢lal 81al8m8nl8
1Q-19

9 LIVES FURNITURE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
Th8 Truste8s pr85ent Iheir repDrt and linanaal 5tatern8nis for the year 8nded 31 March 2D25.
The fin8nei81 ststemeni$ have been prepared in 8c¢ord8n¢e with the 8¢¢0unb"ng poli¢ies set out in note I to the fin8nci81
slatetnenls and cotnply wilh the charitable company's Articles ol Associats"on, Ihe Cotnpanies Act 20(￿ and"AccDunling and
Reporting by Chaiiknes. Statement of Recomtnended Practi￿ applicable to chanlie5 pretkring their accounts in accordance
viSlh the Finanaal Reportlng Standard applicable in the UK and Republlc ol Ireland IFRS 1021 leffeclve 1 January 20191
Objectives and activitie
The ¢harllable company's objects aro lo help rgsldenls of watr￿d, Thr99 Rlvfrrs and Ihg surroundlng argss who are In
conditions of need, hardship or distress by the provisN)n of furniture and accessorigs and lo provide vocational training,
support and work experience for those who volunteer at the scheme.
The charity alms to achi8ve the58 oblectlves by..
• Collecting good quantity, eonaled fumiture and olh8r hous8hold offecis which arg no long8r r8quir8d by th8 owners
and would otherwise be destined for landfill. This reduce$18ndfill and is good for thè environment by r&du¢ing lh&
néèd for naw luinllure.
• Displaying lurnnur8 and household effects so that people in need can choose from these and have them delivered lo
their hom¢, Il desI￿d.
RecNiting and supporting unemplcsyed volunteers, 8pecifi¢ally, but not exclusively, pooplt recovering Irom mental
health problems or who have a learning disability. The volunteers are offered training lo enable thèm to gain
¢onfiden¢e and198rn skills Ih81 will prepare Ihem lor work, ¢ilher in furniture reslorolion Dr working in the shop and
d6livary van,
Strategies fora¢hi¢vino oims &nd objg¢livgs
Th8 work ol th8 charily has two CDmpl8mèntary actlvltiés - tha furnlt(Jr8 r8cycllng showroom land associated co118Ctlon and
èlivtsry s8Ni¢el and the provision of training ￿urSe$ and work exp&rièn¢e. The objectives for tsad) aclivily lor this year were..
Furniture Recycling..
Increase sal8s lo aehlèvè the alm ol maklng thè fumlturé retycllng bu8inéss 8ell-flnandng.
• Maintain subsidis8d sal8s150 /ol for thos8 in naed al currant levèls.
Trainlng Cours88 and ￿Vork Experien¢6',
• Train students in lurnilura ￿SlOratiOn.
Gre8ter ulilisalion ot thè workshop lor addrtional courses.
Maintain voluniè8r prograrnme lo fill driver's mate and showroom assisiani positions.
• Assist slud8nts and vulunt&ers to movts into further employmtsnt or volunteering rol8s.
Raise gronl income lo oover the cost of Ihe ¢OLJrses.
Pijblic benofit
The Trustees have paid due regard to guidance issued by tre Charity Commission in deciding whal activities the charitable
company shoul(J undettske.
The Trustees have considered the Charity Commission guidance on public benefit. The charity relie5 on grants and income
Iiom furniture sales ¢0 Cover its operational costs. In gtrltlng the lavel ol chargeg for furniture th8 Trustees conslder In&
accessibilty of products lor those on low incomes or on benefits.
The ¢harity has th￿e main areas of a¢tivily".
The collection ol donated g)od quality preloved second-hand furniturè and housèhold goods, saving the88 item$ going
lo landfill and h8lping the environment local resoLirces.
The sale and delivery of I￿$e goods from our Rickmansworih showroom, at 8 50YD discount to Ih05e in need and al
lull price lo Ihe general public.
Providing training and work experien￿ to unemployed adults, includin9 those wlh a leaming disability or recoverin9
from menial ill health. Training courses are provided In fumilure restoration lin the workshop) and many volunieering I
work experience roles lin the showroom). as driver's males on the delivery van. in the office and in the workshop.

9 LIVES FURNITURE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Volunl88rs
Our volunteers, as always, hava bwn supert)..
Administration.. Diane Back
Driverfs Males.. Greg Hirst, David Sharpe, Paul Redington, auenb'n Cobharn and Andrew Blathe￿Ck
Showroom.. S1eph Busby, C81harine Payne, lan Wyatt. Lou Dossell. Valerie Coh&n. lona Fern8ndes. Brenda Proud.
Robert Langford, Liam O'Keefe. Anna Monks, Ed Stanley, P81 M¢Laren-Smith and Carole Davidge.
Relurbishmenl.. Phillip Silverton, Lou Doss8lt and Pal8r Pledstead
We hava had soma ngw startars during th8 y8ar'. Carly Churchill, chloe Johnson. Marla B8lchèr. Natallè Mèrron and Sara
Jarrnan.
Thanks lo those who have now18ft.' Wondy Rennoldson, Ann8 Thornil8y, Andraw Thomll8y. Ann8tt8 Timms, Jonathon Monks
and Penny IAarriolt.
All ol the Trustees h8v• also voluntgor&d in the showroom this year.
Qur volunteers work unstintingly for the benefit of the charity. helping with furniluro removal, administration, working in the
showroom, lumituré r85toration and cleaning, Tho Trusl88s. who so ably assisl in leading the organisalion, ar8 also
volunlggr5 and our thank3 go to Ih8rn. VV8 would a150 like to thank all trose whD donate household goods.
Achl•v•m•nts and p•rforrnanc•
Significant aclivit16s and achievenwnls again&1 objecllv98
9 Llves Furnitur& has had a significantly bell8r year.
Thg sales have been inGrea$ing ovgr Ihg year since our manager ¥rrived. we have inlrodu¢gd ngw media lo soll through.
We have been selling a few ilerns al Amersham Auctions who offer u5 8 charity rate. This h85 worked well for u5., they can
a150 provld8 us wllh prlclng advic8.
Sharon Hurtord has naw been wlth us slnce 2nd January 2024,
In April 2024 the clglhing was moved upstairs and book$ hav8 been repo$llion&d. These changes have been very 8ucce8slul
and sales have incre85ed.
We have run outside courses, which have been successful..
Mosaic Course, run by Lou Dosselt on 13th May
Sound 8alh, run by Molly Hurford on 20th Junè
OLJr Manager Sharon, Trustees 8nd Volunleors have taken p8rt in many ac11vil￿$ during the ygar..
On 9tli June we had a stall at'Green' event at Chiltern Open Air Mu5euni
Presentation to Horts rg4ftendors AS80 group
• Allended a Volunteer Fair, organised by Thr¥e River and Wafford Councils
Took part in Christmas Wrapping at the WattDrd Shupping Centre
Joined us to Go Herts Volunteers
Hosi8d * Black Friday evgnl whieh wa¥ very SUCe8$8lul
Three Rivers District Council have provided an employee lo help with our social media training, which Toni & Sharon h8ve
benefited from.
As 8 result of son)& co$1 ¢ulllno In￿latIveS. tho charlty was able lo,,
Secure the purchase ol Frenchic painl from a closing down shop al a reduced rale
Reduce insurance cost for the van, due to shopping around
We also inlroduoed diff8renlSal van delivery ¢harge$, b8s8d on th& locations raqulred

9 LIVES FURNITURE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
During the y8ar we had an un5cheduled Fire Inspection, from Ihi5 We had lo complete a full as5es5ment. The a5Se55m8nt
Meant that we had to Install new emergenoy lighting and sett up regular safety check5 on equiprnent. We 8re also getting
QUDlè$ for joinin9 Ihe upslair5 to the 8rn8rgency alaim,
We havÈ conts'nued our partnership with Three Rivers District Council proving a voucher system. We were given a further
£5,000 to continua running this projgct.
We continue lo run supervised workshop on Tuesdays, where volunteers work on restoring and upcycling furniture to be sold
in the showtoom, which $$11 al high8r pric85 in the Etnwiurn and a18 not eligibl8 for dis¢wnl.
First Aid training look Flace in May 2024 all paid staff and some volunteer5 to Ztlended.
Duk8 ol Edinburgh studènts worklng towards thèir bronzè mèdals are règularfy brought Into 9 Lives lor work èxpèrf8nc8. Ive
have received 4 new applications. who will hopefully be starting soon.
We continue ID promote the charity's activities through..
Facebook
• Inslagram
Twitter
Website
Selling ol Frenchic chalk painl8
Volunl$$rs'.
As rnenlioned above, w8 conts'nue lo offer Duke ol Edinburgh SGh8rne placements for student5.
We continue lo Denelit rrorn new volunleers who assist In the showroom.
We are gral8lul for graiils and donations this year from..
Watlord & Three Rivers Trust- grgnt lor on extra 8 week workshops
Our L8ndl¥dy. Lynntr Burno11
Waword Golfi'ng kniely
Aspen Phoenix Newco Limited (Paperchasel
Waste Reduction
The collection and provision ol lurniture continues to keep lar9e bulky iterns out of landfill. This year 2.969 items ol furniture
and ovor 1,000 srnall hou$ghold Ilgms wgrg dlvgrt9d from landflll whllsl provSdlng much n99d9d support lo hou$9holds In
need.
Premises
Qur premisès cornply ivlth the Disability Dlsuirnina￿.0n Act and the building provides a¢cÈ$s lo Ihe ground and first floor for
wh88lchair us8rs,
Flnanclal r•vl•w
A summary of Ihe charity's finan¢ial tx)silion 1$ 8118¢hgd. During the year we were able lo maintain a rèasonable financial
position which resulted in sufficient cashllows lo allow our to continue our operations. We are slill 5eekin9 new opportunities
which will allow u5 cash reserves to grow and continue lo provide a stable financial footing.
During the year the Trustees have considered the level of the charity s reserves, in line with the Charty Comtnission
ouidelines. The Trustees set a policy thal rellecls the need to maintain currenl operations whilst providing for lulure
¢ommilm8nlS.
11 is the policy of the tharity that unrestricted lunds, which have not been designated for a specific use. should be maintain
at a sufflcleni level to pay off $￿ff anu setue the rent to the next breaK Polnt In the loase. The Trustees consi(Jer that reserves
al this level will ensure that, in the event of a significant drop in sales inc0￿e andlor funding. they will be able lo continue tk
charity's currant act1viti￿ whlle consldaratlon Is givan to ways In whSch addltional funds may be raisad. Thg laval of r8serv8s
is monitor8e and r8vi8wed four ts.rnes a y8ar.
Reserves that are not r8quired for day-to-day activities 8re held in 8 separate interesl-be8ring bank axount.

9 LIVES FURNITURE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
R8S8Ngs policy
The charity has a number of sour(*s of income, which are in kegpirKJ with the charitable (l)jéci8 and activities and include..
Sales of donat8d goodB. including discounlad sal88 for thoBo in need, and incr&as8d char98s lor upcyc18d I￿rniture
S8le$ of Fren¢hi¢ chalk paints
Grants and donation$
Gift Aid on donations and sales of donated gthxjs
Vouoher scheme in ¢onjun¢ts'on wilh Three Rivers Dislricl Couneil
Workshop courses
Key areas of oxp8ndllur8 aro..
Rent and runniw costs for the furniture showroom, workshop and offices lall in the 8atNe building). The pr8mises
provide the nprK)rtunity to display and Sell furniture, whilst the workshop is used for training ccurses. They also provide
volunlggrlng opportunlllos
Salaries and staff costs
Van running costs lo operate the collection gnd dèlivery seThi¢¢
Profession81 wsts- preparation of Ihg accounts
Marketing costs- ongoing publicity lo prornote the work ol the charity and attract custorner8 lo the showrDom
Purchasing paint lor resale in the shop
Upd8ting tha ligniing and 818clric8
The new EPOS (till and back-office systems)
As a rosull of good financial Controls and budgeting during Iho y$ar, the charity was ab19 lol improvg its position Ihi8 yoar
Ideficil - £4,607> Gompared lo 2024 Idelicit - £14.3521. The Trustees recognise that there are sts'll challenge5 In this sector
nd are Working alongside the rnanagetnenl 8nd s18ff lo seek new woys lo itnprove Ihe income slreams whilst keepin9
controls over exp8nditurg. W8 wish lo thank Sharon and her 8laff lor their good work to dal8 in this area.
Majorrisks
During the ye8r Ihe General Manager and Tru*leè8 h8ve continued lo assess the major rlsks to which the charity is exposed
and have ensured syslems are in place lo mth'gal8 8xposur8 to such risks.
The Trustees have no plans to make slgnlfieanl ¢h8ngos t¢ the 8etlvlties of the ¢harlly. Our focus for thè foreseèable future is
We 81m 10 8¢hieve this through..
• continued promotion ol our activi11o8.
continuing to build uur online I social media activity including s*lling Itèms onllna.
flash 6810$ to holp maint8in a ro8sonobl6 tumovar ol Gto¢k.
fundraising programmo to gonerate funding for our trainlng (￿urs¥$.
Plan5 for fvture perlod3
The Trustees have no plans to make significant changes to the activities of the charity. Our fucus for the foreseeable future is
on confjnulng to build on the level of furnlture sales and securlng grent funding for Ihe trainlng courses.
We alm to achieve thls throLJgh'.
nlSnued promotion of our 8cUvilies.
• continuing to build our online I social media activily including selling ilerns online.
flash sales to help maintain o reasonable turnovor of stock.
fundraising programme to generate funding for our training courses.
working with local Huusing Trusts and Councils lo increase the number ol Referied cuslom&rs who will benefit from
the charity and 81$0 increase our income.

9 LIVES FURNITURE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Structure. 9ovemanc• and management
Q Lives Furniture 18 a Ragisltsred Charity and a company limited by guarante6.
Th8 Trusl88s, who aro a150 the dlr8Ctors lor th• purposo of company law, who s8rv8d during th• yoai w8r8.'
Irvin Cohen
Rosemary Hadfield M.B.E
Andrew Blatherwick
David Sh&rp6
Sergio Mussi
Stephanie Singar
Donald Milligan
Paul Redinglon
Robyn Suteliff
Isab81 Monlesdeoca
Jayne Cook
IResign8d 8 Aprll 20241
(Appointèd 11 February 20251
(Appointed 11 February 20251
(Appointed 29 April 20251
Recruitment and appointment of trrjstees
An appli¢alion form ID join thè b08rd of Ihe 9 Lives Fumiture is 8V8i18ble lor Potential Trusteesldireclors. The board reviews
this and potential candKlal&s are invited lo tho promis88 in Rickmansworth for a lull ov8rvi8w of Ihg running of th8 schtsme. Al
Trustees, who are also directors. are volunteers and unpaid. Vacancies are advertised through the local Councils lor
Voluntary Services and in the lo¢al paper. Induction iroinino (including working in the showroom) is gwen by the Choir ond Ihe
siaff 10 ensure a Ihorough understanding of the organisalion, In addition, Iraining on thg rDIg anLI responsibilities ol a Truslee
l¥ dvdildble.
Ntrne of th8 Trustees hag any beneficial iiileresl in ￿ company. All of the Trustees are rllernbers of the cornpany and
guarantee to contribute £1 in the event of a winding up.
Organisalional stnjcruré
The charity Burrently has a Manag8m8nl Committee o158V8n Trus188s. all of whom ar8 volunt88rs. Al any one lim8 ther8 ar
a mlnlmum ol thr88 Trust8•s wlth no maxlrnum.
Al each Annual General Meeting IAGMI any Trustee who has $eNed lor three years musl retire from office bul rnay offer
themselve5 lor re-elecbon together with any new Trustees who have been co-opted by the Trustees since the last AGM.
The Trustees delegate the day to day running of the charitable company's op8ralions to the General Manager.
Staff employtsd by the Trust Include..
General Manager-. Sharon Hurford
Tek)m Leadérs (part timo- run the showroom, monago tho (rllo¢iion and dollvory sorvico and the showroom
volunteèrs).. Tonl Manning, Rtrbecca Johnson, Catharlna Payne Ibank work8rl, Al￿ Slorer
• Driver.. Alan Storer
Tutor.. Peter Plested
Admin 88SlStanl.. Jo Walker
R&laÈionship with widernotwork
Our General Manager also maintains r81alionship8 Wlth a wide rang& and variety of organi5alions, including..
Membership of Reuse nemork.
Loc81 voluntary sarvices network- W3RT.
Recycling- Wa8leAware.
Referrals ol students and volunleers- Mencap, New Hope Trust, Norlh,Nick Day Centre. Ascend, Watlord Community
Ment81 Health T08m, self-refgrr¥l.
Referrals of customers in need- Citizens. Advice Bureau. HertsHelp, Thrive Hornes, Watford Cornmunill Housing.
Paradigm Housing, self-￿lerral. Community Mental Health Teams, KeyNorkers, Three Rivers Districl Council.

9 LIVES FURNITURE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Employ￿ Involvement
The charitable Cornpany's policy is lo consult and di￿$8 with 8mpltsyees, through union% stsff councils and al mealings.
matters lik81y to aff8Ct ernploy888' int8f8Bt8.
Inloimation of matters of Concern lo employegs is given ihrough information bulletins and r8POrts which seek lo achieve
common awareness on the part of all employees ol the financial and economic faciors affecting the group's performance.
Th8 Trustees, report was approved by the Board ol Trustees.
Andrew Bl8therwi¢k
Trustee
22 July 2025

9 LIVES FURNITURE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF 9 LIVES FURNITURE
I report lo the Trustees on tny examination ol th8 financial statetn8nls of 9 Liv85 Furnitur8 Ith8 charitable company) lor th8
year ended 31 March 2025.
Ro$pon$lbllltl&$ and b¥sl$ of roport
As Ihe Trustees ol the charitable o)mpany land also its direclors lor the purk%)ses ol company lawl. w)u arg responsibl& lor
the pr8paralion ol th8 financial stalem8nls In 3ccordanc8 witr the requir8m8nts ol the Companies Acl 2006.
Having satisfied myselllhal Ihe financial slalemenls of the charitsblp company are not required lo be audited under Part 16 of
the Companies Act 2006 and are 81igible for independent examinaliDll, I report in respect tsf my examination of th8 charitable
company's linanaial statements carried out under section 145 of the Charities Act 2011. In carrying out rny exarnination I have
followgd the Dirtr¢llons gjvgn by Charlly Commisslon under sg¢Oon 14515llbl of tho Charitlgs A¢1 2011.
Ind•p•nd•nt •xamln•r's stat•m•nt
I have completed my 8xarnlnalion. I conllrm that no rnallgrs have corn8 lo my atlentlon In conn8cllon wllh th8 8xamlnallon
giving me cause lo beliave that In any material r8SP8cI'.
accounting records were not kept in respect ol the charitable cornpany as required by section 388 of the Companies Acl
2006.
the financial statements do not ac¢ord with those records., or
the financi4115t&ilernents do not comply with thè acix)untln9 r8quir•ménls ol s8ction 396 of th8 Companlès Act 2006
other than any requirement that the ffi'n8nci81 slalements give 8 true and fair vièw, whieh is not a matter Considered as
part of an independent examination., or
the financlal st8lements have nol been prepared In accordance wlth Ihe melhods and prlnciples ol Ihe Statement ol
R•comrnend•d Practic8 for accounting and reportlng by charities applicabl8 lo charilies pr8paring Ih8ir Ilnancial
stat8m8nts in accordanc8 with th8 Financial Raponlng Standard appllcablé In the UK and R•puSllc ol Ir8land IFRS
1021.
I have no concerns and have corne acros$ no other matters in connection with the examination lo which 8ltenlion $h?uld be
drawn in thi$ Igport in order lo en8bl& a proper undorslanding ol the linanci818ialemen18 to bg re8¢hed.
John Wilson FCA ATII
Howard Wilson Chartèrgd A¢¢ounlants
36 Crown Rise
Wattord
Hcrtfordshiro
WD25 ONE
22 July 2025

9 LIVES FURNITURE
STATEMENT OF FINANCIAL ACTtVlTIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unr•stri¢tsd Restri¢t•d
funds
funds
2025
2025
Total Unro8tri¢tsd Re8tri¢l*d
fund8
funds
2024
2024
Total
2025
2024
Notes
Incom• and •ndowmènt8 from..
Donations and legacies
Chari18blè 8clivth$s
Inveslménts
Other incom8
19.788
113.272
725
722
1,250
21,038
113,212
725
722
24,289
90,284
1,209
2.082
10,750
35.039
90.284
1,209
2.LB2
Total income
134,507
1,250
135,757
117,864
10,750
128,614
Exp•ndllur8 on:
Charilable aGlivrties
135.021
5,343
140,364
140,408
2,558
142,￿6
Total expenditure
135.021
5,343
140,364
140,408
2.558
142,S£6
N•t gXPgndltur• and mov•m•nt
In funds
15141
14,0931
14,6071
122,S441
8,192
114,3521
R•conelllatlon of funds..
Fund bal#n¢es al 1 April 2024
106.937
16,128
123,065
129,481
7,936
137.417
Fund balan¢•$ at 31 Mar¢h 2025
106,42J
12,035
118,458
106.937
16,128
123,C65
The $1818n)enl of finan¢lal acllvi1189 Ineludts all gains and losses rè¢ognlsad Sn the year, All Ineome 8md 8xp6ndllure derlv8
from continuing aclivili&s.

9 LIVES FURNITURE
BALANCE SHEET
AS A T 31 AIARCH 2025
2025
2024
Not9¥
FlxÈd 8gse18
Tangib18 asse18
12
4,097
1,241
Currènt a88•t8
Stocks
Debtors
Cgsh al bank and in hand
13
14
2.685
1 G,003
110,060
2,685
9.923
118,531
128.748
131,139
Creditors: amounts falling due within one
yèar
15
114.3871
19.31Jl
N•t ¢urr•nt a88•ts
114,361
121.824
Total assets less current Ilabllltles
118,458
123.(￿5
Th• fund8 of th• chadlabl• ¢gmp•ny
Fteslricled income funds
Unrgslrlctgd lunds
17
18
12,035
10e,423
16,128
106,937
118.458
123.LE5
Th8 company Is èntllled to thè 8xemption Imm th8 audlt rèqulrem8nt contalned In $8ctlon 477 01 the Companias Act 2006, lor
the year ended 31 March 2025.
The directors acknowl&Jge their responsibilrties lor complying with th8 requirements of the Companies Act 2006 with respect
lo accounting records and the preparation ol linancial statements.
The m$mbers hav¢ nol requirgd the ¢ornpany lo obtain an audit of its financial sl¥lgn)&nls for the year in quoslion in
ccordance with section 476.
These financial slalernonls have prepared in ae¢ordan¢8 ¥vlth Ihe provlslons appll¢aole lo Companies 8ublecl lo th8
small companies regim8.
The lingnGio1 $1gtements were gpproved by the Trustees on 22 July 2025
Irvin Cohen
Trust••
Andrew Blalhetwick
Truste•
Company registration number 04375649 (England and Wales)

9 LIVES FURNITURE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Ac¢ountSng pollcle8
Ch8rity infowmation
9 LIVGS Furniture is a prlvat& company Ilmiled by guarant88 incorporat8d In England and Wal85. Tho roglst8r8d offlc8 18
25 Wharf Lan•, Rickmansworth, H8rtlordshlre, WD3 1 HA.
1.1 Accounting conventlon
Th& financial stalemènts hav8 b88n pr8parèd in aceordanc& ivith lh8 d)aritabl& eornpany's gov8rnin9 docum8nt. th8
Companies Acl 2006 and "Accounting and Reporting by Ch8nties'. Slalernenl of Recommended Pracb'ce applicable lo
charities preparing their accounts in accordance with the Finanaal Reporting Standard applicable in the UK and
Republic ol Irèland IFRS 1021 laffèctlvè 1 January 20191. Thè charftablè company Is a PLJbllc 8ènèfit Entity as dèlln8d
by FRS 102.
Thè charllable compBny ha5 taken advantage of thè provlsions in thè SORP for chari￿as applying FRS 102 Update
Bullelln 1 not lo prepare a Statement ol Cash Flows.
Th8 Ilnancial slalements ar6 prepared In 51erllng, which Is the luncllonal currency ol th8 charltable cornpany. Mon8lary
amounts In these financial slalements ara round8d to th8 nearest £.
The linan¢i81 stalements have been prepared under the histori¢al ¢ost Conven￿'0n. The principol acoounting policies
adopl&d are s&1 out below,
1.2 Going conc•m
At the Iirne ol approving the financial slalernenls, the I ruslees have a reasonatsl8 expeciation Ihal the chanlable
company hos adequale resources to conlinlie in operational existence for the foreseeable futuie. Thus the Trustees
conllnue lo adopt the going concern bag18 of accounllng In preparing the Ilnanclal slatemenlg.
1.3 Charltable fund¥
Unr851ricled funds are avallable for use at the discretion ol the Trustees In furtherance of their charKable objecllve8.
R8$lrl¢tod funds are subled to 8pe¢rfle ¢ondillons by donors Qr grantors as to how they may be us•d. The purptssa8
and uyeg ol th& rastricted funds 8re sel out in th8 nolas lo th8 lin8na81 s18t8rnenls.
Transfers between funds are used vthere there is an overspend on a PBrticular fLJnd beyond the amount originally
funded where the charily has agreed lo meet Ihtr costs from ils unrestricted funds, or where the ¢ondilions relevant lo
the fund have been tnet and it has previously been agreed wth Ihe funder than any remaining funds can be retained by
the charity towards it charitable activities.
1.4 In¢orn•
Income is recognised when the charilable company is legally entilled lo it after any performance conditions have been
mel, Ihe amounts can be moasurgd reliably, and il is probable that income will be re¢givgd.
Cash donations are r8cognis8d on receipt. Othttr donaliuns are rtrcognistrd onc8 the charitable company has been
notified ol Ihe donation, unless performance conditions requi￿ deferral of the amount. Income tax recoverable in
relation lo donations r&ceived under Gift Aid or dèeds ol cov8nanl 18 recognised al the lime of Ihe donation.
Asse15 given for use by the Gharitable company are recognised when receivable.
Incom8 from the sale of dO￿ted 9oods are accounted for when eamed. The value iepresenls the Iransaclional prlce ol
the items sold.
10-

9 LIVES FURNITURE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
A¢¢ounting policies
Icontinutdl
1.5 Expendituro
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its
benefi¢iaritrs,11 in¢ludes bolh costs Ih81 c8n be allocatgd directly lo such activitigs and those costs of an indirect natur&
neGe5sary to support them.
Governance ¢osls include those eosls 3&sociated with meeting the constitutional and ststutory requirernènls of the
charity and includ8 the audil or independènt exarnin81ion lees and costs link8d lo Il* stratsgi¢ rnan8gemenl of the
charity.
1.6 Tanglbl• flxed assets
Tangiblé fixgd AsqÉ*l8 ar*+ initially mE+asurftd cost and 8ubBF.qugnffiy mpasurtxl at rnst ar valuatinn, nt>t c)1 d8prgr.iatian
and any impairment losses.
Depr9cialion 1$ re¢ognised 90 as lo wrilF off lh9 Wst or valuation of as¥gts1gss Ihgir residual valugs over Ih9ir ug£ful
live5 on Ihe following bage5'.
Leasehold land and buildings
Leasehold irnprovements
Computers
Motor vehicles
over period of lease
over period of lease
25% on cost
25'h on ¢DsI
The gain or108s arising on the disposal ol an 8sset is delorminad as Ihe diff8ren¢o bglwoen the sale procegds and the
carrying value of Ihe asset, and is recognised in the stalem8nt of financial acl'vities.
1.7 Impairm•nt oi f￿¢d a$s*ts
Al eo¢h repDrting end date. the charitable company reviews the carrying amounts off 11$ tangible assets to deterrnine
wholh¥r there is any indi¢alDn that th08& 88sel8 have suffer•J an impaiimenl loss, If any Such indication 8xisl8, th¥
r8cov8r8ble amount of the asset 18 e51imaled in ord8r to deterrnine the exlenl ol the impairment loss lif any),
1.8 stockg
Stocks are 51aled Bl the lower of cost and eslirnated Selling price less costs lo cornplete and sell. Cost cornprisey direct
materials and, where applicable, direct labour cosls and those overheads that have been incurred in bringing the
stocks to their pres8nl locatK)n and condllion. Ilams héld for dislributs'on at no or nominal consid¥ralion arè measuréd a1
the lower of replacement C05t and cost
Nel redlisdble value is the estimated selling price less all estirnaled costs ol cornpletion and costs to be incurred in
markets'ng, selling and distribution.
1.9 Cash ond ¢a$h gqulval&nt$
C8sh and cash equivalonls Includg r8sh in hand. deposits hdd al call wth b8nK8, olhgr short-18rm liqui(J investmenls
with original maturities ol three months or less, and bank overdrafts. Bank overdrafts ar8 shown within tx)rrowings in
current liabilities.
11

9 LIVES FURNITURE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
A¢¢ounting policies
Icontinutdl
1.1 O Finaneithl in8trumentJ
The charitable company has elected to apply the provisions of Section 11 'Basic Financial Instnjmenls, and Section 12
'0thor Financial Inslrumants Issu&s' ol FRS 102 10 all ol ils financial inslrumenls,
Financial instruments are ￿cOgnised in the charitable company's balan￿ sheet when the chantable company
bgcorDes party to th9 conlr&tual prow$ions of th8 instrurngnt
Financial ossets and liabilities a￿ offset, with tho nel omounts presented in the financial stalemenls, when there is a
legally 8nforc8ab18 right to $81 off the iecognisgd arnounls and Ihgrg 1$ an int9nlion lo sell18 on a nel basis or lo r8ali$g
the asset and seiiie the liablity sirnultaneously,
8aslc flnan¢lal assets
Basic fi'nancial assets, whieh include debtors and cash and bank balanees. are initi£lly messured al transaction prie8
indiiding transaction costs and are subsequently carried at amortised cost using th& effective interest method unless
Ihe arrangemenl constitutes a financing transadion, where the Iransaclion is measured 8t the present value of the
future receipts discounted 81 a rn8rkel rate of inl8r&sl. Financk818ssels classrfied as ie¢eivablè wthin on8 y9ar ale not
amortlsed.
8aslc nnan¢lal Il&blllrl&s
Basic financial liabilitias. including cr8ditors and bank loans ai• initially racognisad al transaction prica unlass th8
a￿ange[nent constitut85 a financing transaction, ￿here th8 debl instrumenl is measured at the pres8nt value ol the
future paymgnt5 di5countgd it a m¥rk8t rot? of interest. Financi81 liabiliti9$ ¢lassified 85 pgyable within ong ygor ¥r9 ng1
amortisod.
Debt instrumen15 are subsequently carried al arnortised cost, using the effective interest rale method.
Trade crèdltorg are obllgatlons to pay for goods or sèNices that hav8 bè8n acqtjired In the ordlnary coursè ol
operations from suppliers. Amounts payable are cLassilied as current liabilities il payment is due wrthin one year or less.
If not, they are presented as non-currenl liabilitl8s. Trade cr8dilors ar8 r8cognlsed inllially al tran8a¢iion price and
sub4eqiJgntly rneasijrpd at amortispd wst using ltrie effective interest rnelhod.
D•r•coqnlllon of flnanclal Ilabllltl•s
Finan¢lo1 Ilobililics are derc¢agnised when the ehtrit•blo company's controetuol obligotions expire or arts disehorgcd or
cancellad.
1.11 Employee beneflts
Th8 Cost of any unus8d holiday enlltlemènt is recojnlsad In th8 ￿rIOd In whlch th• 8mploy8a's setvlces are rec8lv•d.
T¥rmlna11on b8n8fits ar¥ r¥cognis¥d imm8dial•ly as an 8xp•ns¥ when Iha charftabl8 company is d8monstrably
committ#d to temilnattr th* trmploym*nt of an 8mplDyè* or to pro￿d# t•rmlnation bèn*fits.
1.12 Rollrfym•nt b¢n•flt$
Payments lo del￿ed contri￿tIon retirement benefit schemes are charged as an expense as they fall due.
12-

9 LIVES FURNITURE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Crltlcal accounung estlmates and Sudgements
In the 8pplie8bon of the ch8rit8ble ¢omp8ny'$ 8¢counting PC>licie8. the Trustees are required to make judgements,
estirnates and assumptions about the carrying atnDunl ol assets and Iiabililies that are not ieadily apparent Irotn oth8r
sources. The esknmale5 and associated a5surnplions are based on hi5101ical experi&nee and othèr factors that are
considered lo be relevant. Actual re5u115 may dlffer from these estSmates.
Thp p.*limAIp* And ijndprfying A88iJmptinnq Arg. rp.vipwpd nn An nnonino hAqi¢ Rp.vi*inn* In Aernijnlino p.8lim2ip.8 Arp
recogn159d in the perlod in which the estimate is rev158d where the revlsvjn affects only that perlod, or In the period ol
the revision and Tutur8 periths where the revision aff8cls both current and future periods.
In¢om• Irom donatlons and1oga¢l•s
Unr•¥trlctsd R•strl¢t•d
funds
funds
2025
2025
Toial Unrestrlctsd R•slrlct•d
funds
funds
2024
2024
Total
2028
2024
Donations and gKI$
Grants
19,288
500
19,288
11,494
12,795
11,494
1,250
10,750
19.788
1,250
21,038
24,289
10,750
35.039
Donatlon8 and glft8
Don81ions and legacias
Glft Ai(J receivable
4.688
14,600
4,688
14,600
207
11,287
207
11,287
19.288
19,288
11,494
11.494
In¢omo from ¢harflablo a¢ilvltles
Unrg$trl¢t9d
funds
2025
Unrè$trl¢tgd
fund$
2024
Sales of donated and rgfurblshod lurnllurg
113,272
90.284
Income from Inv&5tm8nts
Unr•$trS¢t•d unr•s1￿ct*d
funds
lund$
2025
2024
Interest receivable
725
1,209
13-

9 LIVES FURNITURE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Othfji Income
VnrÈgtricted Unr•9trictèd
funds
lunds
2025
2024
Other Income
722
2,(W2
Expgndlturg on ¢h8rltabl• a¢tlvlll•s
2025
Siaff co$ls
Depreciation and impairrnenl
Other staff costs
Premlses costs
In$urancg
Repairs and mainl8manc8
Office costs
Volunteer expenses
Van expensos
Travel and subsi818nc• costs
General expenses
Lègal and prolèsslonal costs
A¢couni8ncy costs
Olhar finan¢e cost8
Purch8se6
78,376
1,504
480
32,448
3,731
3.343
3,530
76.838
413
36,782
6,182
3.LB2
363
2,659
134
1.011
1,080
2,116
2,106
3,231
$49
278
588
2,574
2,942
6.790
140.364
142.%6
Analysls by fund
Unreslricled funds
Restrfctad funds
135,021
5.343
140,408
2,$58
140,364
142,￿6
N•1 movgmont In funds
2025
2024
The nel mr>vemenl in funds is slated after ch8rgingllcredillngl..
F66s payabl& lor the independent tsxaminalion of the eharily's linanual s18lements
1,200
1,504
1,2LKI
413
Doprcciotion of owned tangiblo fixod assots
14-

9 LIVES FURNITURE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
None of the Trust88s lor any p8rson$ ¢onng¢lod with them) received @ny romuneration or benefits from th¢ charilablg
company during th8 year.
10 Empltsy•e$
Th& av8rag8 monthly nLJmb8r of 8mploy&&s during th8 y8ar wa$..
2025
Numbor
2024
Numbgr
Direct charitable work
Managemenl and administration
Totsl
Employmenl ¢OJIts
2025
2024
Wages and salari8s
Other pension costs
75,485
2.891
75,321
1.517
78,376
76,838
There wèr8 no employ8ès whosè annual r8mun8rallon was mora Ihan £60,000.
11
T•xation
The ¢horily is exempl from Igx gn income ond goins fallin9 Within section 505 of the Taxes A¢1 1988 or sedion 252 01
Ihg Taxation of Chargeablg Gains Act 1992 to the exlenl that Ihgse are applied lo ils charitable objects.
15-

9 LIVES FURNITURE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 Tanglble flxed assets
Leasehold land
and bulldlThg
Conputers Motorvehlcles
Totol
Cost
At 1 April 2024
Additions
29,851
23,289
4,361
32.000
85,140
4,361
At 31 March 202S
29,851
27,650
32,000
89,501
Depreclatlon and Impalrment
Al 1 April 2024
Dèpréclalion chargad in th8 y8ar
29,851
22,049
1,504
32,000
83.9)0
At 31 March 202S
29.851
23,553
32,000
85,404
Carrylnu amount
At 31 March 2025
4,og7
4.tY37
Al 31 March 2024
1,241
1.241
13 Sto¢k$
2025
2024
Finished gggds and goods fDr iesale
14 D•btor8
2025
2024
Amounls falllng due wlthln one year..
Other debtors
Prepayments and 8¢crued Income
6,817
9,186
9,135
16.003
9.923
15 Credllor$.' amounts falllng due wlthln on• y*ar
2025
2024
Other taxation and social security
Other creditors
AeerLJals and deferred income
719
9,783
3,885
5,525
3,108
14.387
9,315
16-

9 LIVES FURNITURE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
15 Credilor$'. amounts falling due within on• ytrar
Icontinutdl
Included within Other Credrtors 1$ en 8mount held by 9 Lives under Three Rivers Fumiture S¢heme. The purptsse tsf the
scheme being Ihe provision ol furnishings lo qualifying groups. Income is recognised from this Scheme when items are
provlded. The amount held under this Scheme at the year end was £9,292.SO12024: £S,0001.
16 Rotlr•m•nt ben•flt schgmgs
2025
2024
Delined Contribution schem•$
Charge lo profil or loss in respe¢l of defined conlributs'on schemes
2,891
1,517
Th& ch8rllablg company oper819S 8 defined ¢tsnldbullon pen￿On sd)eme for all qLJ8Jifylng gmployees. The assets of
the scheme are held separately from those ol the cliarilable L¥Jmpany in an independently adrrNnislered fund.
17 R•¥trl¢t•d fund8
The restricted luiids of the tharily cornprise the unexpended balances ol donalions and grants held on trust subject to
specific conditions by donor5 as lo how they rnay be used.
At 1 Aprll 2024
Incomlng
rg$our¢oS
Re90urc•s
axpgndgd
At 31 March
2025
Equlpm8nt Fund
Lottery Fund
Training Fund
Kickslart Fund
Hertfordshire Cofflmunily Fund
1,000
2,595
3.605
4,341
4,587
16241
378
2,595
1,640
4,341
3,083
1,250
13,2151
11,5041
16,128
1,250
15,3431
12.035
Provlou$ y•ar'.
At l Aprll 2023
In¢omlng
resources
Rè$ourco$
expended
At 31 March
2024
Equlpmgnt Fund
Lottery Fund
Training Fund
Kickslart Fun(J
Batchworth Communi1y Council Grant
Hertfordshire Cornmunity Fund
1,000
2,595
2,595
3,605
4,341
3,750
11451
4,341
2,000
5.000
12,0001
14131
4,587
7,938
10,750
12,5581
16,128
17-

9 LIVES FURNITURE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17
R•$tri¢t&d funds
Icontinutdl
The Equipmenl Fund w88 e$t8blished Ir¢>m donotions received to meet the ¢o$t$ of equipmentlor the office and
warehouse.
Thè Tralning Fund was 851¥bll8hed from donatSon5 and grants rec8ived in order to C031 the c03t of IralnSng courses, In
particular furnitur8 refurbisliment.
Th8 Balchworth Community Council grant wa5 to fund repalrs lo Ilghling.
Thè Hèrtfordshire Cornmunity Fund grant was to (x)V8r the ccst of Ihe EPOS system.
18
Unmstrlcted funds
The unre8triGted lund5 01 the charity comprise the unexpendgd balances of donations and grants which are not subjeGI
to specific conditions by donors and granlor5 as to how they may be used. These include desi9nated funds which have
beon s¥¢ asi¢Jg out of unreslricled funds by Ihtr Iru$lg$s for spo¢ili¢ purpos¢s.
At 1 April 2024
Incomin
R•iour¢•s
9xp•ndgd
Ai 31 Mai¢h
2025
r¢sourco$
General funds
106,937
134,507
113S,0211
106.423
Prevloug year:
At 1 Aprll 2023
IncomSng
resour¢oJ
Re90urces
expended
At 31 March
2024
Genero1 fui)d5
129,481
117,864
1140,4081
106,937
19 An¥ly$l$ of not g$$•ts b•lw••n lundts
Unr•strI￿0d
funds
2025
R•$trl¢tad
fund$
2025
Tol•l
2025
At 31 Mareh 2025:
Tangible assets
Current assetsl{Iiabilitiesl
4,097
7,938
4.tY37
114,361
106,423
106,423
12,OJS
118,458
18-

9 LIVES FURNITURE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
19 Analysis of net a8strts betwèèn funds
Icontinutdl
Unrostricted
lund8
2024
R•$trictsd
funds
2024
Totthl
2024
At 31 March 2024-
Tangible gssels
Current assetsl{Iiabilitiesl
1,241
14.887
1,241
121,824
106,937
106,937
16.128
123.(￿5
20 Relatsd party tran8actions
Th8r8 w8re no dLsclosabl8 r8lated party transacllons durlng th8 y8ar12024- non81.
19-

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