REGtSTERED COMPANY NUMBER: 04927820 (EttglaDd and Wales) REGISTERED CHARITY NUMBER: 1100404 Report of the Trustees aDd Ullaudlted Flnaneial Statements For The Year Ended 31 August 2025 ror Phw Trst
Phse Trust Comtents of the Finan¢ial Statem¢Dts For The Year Ended 31 AMgu5t 2025 Page Report of the Trustees I to 6 IndependeDt Ex8Jniner'$ Rert SiatemeHt ofFth&n¢581 Aetiyities Blanee Sbeet 9 to 10 Notes to the FlllaDeial Statements 11 ts) 17 Det&ii¢d Ststement ofThDanci*I Activities 18
Phase Trust Report of the Trusiees For The Year Ended 31 August 2025 Thc trnstces who are also d]rt¥ of the Ch]ry for the purposes of the Companies Act 2006, pr¢sent their reFth with the financial statements of the charity for the year ended 31 August 2025. The tn]sl¢es hav¢ adopted th¢ provisions of Accounting and Repming by Charitbes: Statement of Re¢0mrneThd Practi¢e applicable th cbarities preparing their accounts in accordance with ihe FinaDeia] Reporttng StAndard applicable in the UK ana Republic of Ireland (FRS 102) (effective l January 2019). Objective5 and aim$ The company's objectives are to: be a positive influence, guide and support foTyouDg people. be a supwjrt and resource for ¢ommllnty goups working with young peopl¢ inckndin& s¢bi)oJs. youth clubs. ¢hur¢hes and sp¢¢iaiist wups. raise self este¢m and WOTk throu8h barriers to personal growth. focus on the whole person encouraging thetr social. physica]. moral spiritual developmenL To achieve these objectives the charity operates a number of Projects woj*ing with school4 community groups and stattitory bodxes as identified in the achievements and perfomiance section below. Page I
Phase Tr51 Report of th¢ Trustee5 For The Year Ended 31 August 2025 ACHtEVEMEFrrs Ar4D PERFORMAYCE The'Thriving Togethev project completed its final year, once again Support by Big Lottery's Reaching Communitie5 fun(L alongside coutributions frm Black Country Menttl Health Tn¢ BBC ChildrEn in Need the Ctirne Comrnissioner, and sev¢ra] srna]l¢r grnDts. This y¢ar h&$ been sbap¢d by our committllent to building 'Stronger Families, H¢althi¢T Chi]dr¢n'. We have continued to prioritise a holi%tic approac ensuring it rematns at the heart of our work with children, young people aud their families. Alongside deliverillg supporl we have also sought to in4)ire others througb genemus leadership and the provision of high-qualiry traillll. Service D¢liv¢ry l. PeTsonal Dev¢loptnent & NEEf PventiOn During 2024-2025. we saw 280 chitdren and young people engage with our i to I support. Among those that created personal goats, 93Q/o repon¢d improvement when comparing the a8swment of their goals b¢fO and after support. while 730/0 reported ijnprovement in wellbeing. We have seen 12 individuals through our post 16 p¢rsonalised (kvelopment progrdmmes (NEET provision) focused on social. emotiona] and behavioural baTrier5 to learning and progression. As an additional part of this NEET provision we delivered sumtner prepat7tion and trdnsition SUprt for those school leavers considered most vulnerable or with additional needs (specifically ASC). We saw 20 individua]5 across all these progrdmme5, with the rnajority going on to engage fft tbeir next steps when Sepiember came. Young Peopl¢ said: "The se5sion5 with Pete have helped me to ca]m down and now llot getttug itito trouble.. "l am gratefid I have Phase Trust by my side.- "The ID Plus programme has brought stud¢nt-A of herself and ivs been a Gthd. Styd¢nl-A is mor¢ r¢lax¢d and fijn and talks more at home." 2. Risk Reduction." Exploitation & Hann1 Sexual Behaviour (HSB) Our specialist team Frovided asSeSenl intensive therapeutic packages and multi-agency cas¢ consultations for Childr atri5k of or affected by cxploitalion alldlor displayillg HSB. W¢ ¢Dgaged 42 young p¢ople for CCEICSE or HSB support. 78YD were diverted Away from Criminal Justice Syste]J, 690/0 IEDprov¢d ¢(kn&itional att¢nilan(¢ and 71•/0 ¢videnc¢d E¢tter undeT5tanding. awareness and reduction of risk. For th¢ 14 referrals received for HSB ititeTVelltio the dats showed the supp>rt led to & clear shift toward safety.. harniful behaviouTS re(tuced from 43/0 to LP/o. and healthy behaviours intteased from /ts to 43•A with overall redu10$ across all higherrisk categories (inappropriate, probl¢matic and harnifv]). Case consultstions at the point of referral iEnproved engagement and c(xTrrdinated safrty planning with families and professionals. In addition to the illdividual work completr¢ we I0VIded strnctUTtd weekty sessions (71 in total) h¢lping 34 at-risk young people build emotiona] regulation, strengtben r¢lationship% pnd develop e55eDtial life skills. These young people show¢d obserYabl¢ irnprovern¢DiS in th¢iT s¢lf-understandin& awareness of the world arowjd them, and their ability to cope with challenging Situations for example, being able to calm themselves more quickly during stress] moments. Young People Said: "I know you're notmy social worker butyoue the Et5t p¢r50D rv¢ ¢v¢r got." 'Vou listen and l always feel better after I hav¢ spent tim¢ with you." "Ii's been really help] having 50Tneone to lalk to wh¢n l¢ been Struggling." 3. Group Work Alongside our taigeted individual and group interventions. w¢ also delivered a universal PTogrJmm¢ of PSHE s¢ssion5 across loca] schools. This included.. - 34 sessions during Children's Metltal Heahb Week on the theme of "Knowing Yourself," d¢liveJ¢d in 19 s¢hoo]s and reaching 1,740 children. - 7 sessioDS OD rncia] diversity. helping 273 children understand and value dtfference. Page 2
Phase TTUSt Rtport of the Trusttts For The Year Eoded 31 Augwt 2025 . 6 s¢ssious on 'Tranter." supprting 170 cbildrn to explore healthy and respect1 way5 of interacting with on¢ aDother. . Op¢n Access Provision (C[10]ry) Our w¢ekIy evening groups provid¢ saf¢. welconltng spaces with foo purposeful activities, and opportwiities for personal developjnent. Session5 for thildren aged 8-1 I tncreased from 9 to 14, engaging over 100 illdiyiduals a055 the year. For young people aged 11-18, we added five daytin)e sessions during suttllner 2025 to increase acces5 fr0]n 36 to 41sessions. Feedback frotll particlpants reflected the positive IPact of this provision (420/0 response rdte).. 96Q/o rated attending as g¢)od OT brilliatii 940/0 said attending has a positive impart 920/0 said attending makes ther week more fun 900/0 fdted the leadeTS highty 880/0 felt more supported and that their wellbeiDg had been helped 860/0 fdted th¢ food highty 860/0 would feel cOfOrtable speaking ty the team if they h&1 a problem 620/0 said thcy would be less ]elY to D¢¢d to acc¢55 their GP due to attending In addition to this weekly WO we a]so participated in the local town's seasonal event4 the Christmas light swiith-on, -aging activities for ¢hildren and young people and cr¢at¢d vaiuabk and the town festival. Our presence pyovided en¢p opportunities to engage with parents in a CODununity s¢tttn8 alld partner with other local servi¢¢5. 5. Detsch¢d & Street-based Youth Work (hw detached team continued to deliver important support to the lown by engagin8 young peiyle in their spaces and bui]ding tn]st with those less likely to attend stru¢tured provision. We made 695 connections across 57 sessions. We also developed initiativ¢s with Local partners such as 'Hal¢sowen in BlcK)m' which enabled young people to contril)ute positively to the local COmTnunity (e.g., maintaining the Fri¢Ddship Bench and pi&Jters), build pride in wheTe they from and inGr¢ase visibility of their rontribuuon. This work also helped reduce the llnpart of anti-social behaviour {where young peopl¢ wtte itkvolved) aDd strengthen relati(lp5 yOUDg people have with those in their cornmunity. 6. Famity Support Recognising th¢ importalice of the family environm¢nL we extended our famity support acr055 a]1 seryiees. In the last 12 months. 72 individual parclltslcaregivers received f(bGus¢d 5UPPOrt Vta the direct work don¢ with ¢hildren atsd yowig people. We also deliv¢r¢d 68 joint parent4hi]d sessions with 41 families providing holiday activities Teaching 255 parents and children (inrluduw shared m¢ais to addres5 fo(yJ insecurity and pmmot¢ quality family time). To improve acccss. we piloted Online and evening options and began tailoring elemfflts of parenting courses for l-to-l delivery. Parellts said.. "I feel 50 much MO ¢onfideDt now ... l undersiaTJd how to parent and und¢rstandmy teenagefs needs better." "Ifs been amazing 50 grateful tts be able to be invited to these arnazing activiti&8." "I recent]y lost my job alld without Pb&4e Tn1 T think I would off ¢nded up in hospital with stress or worse as I ¢oul(Int feed my children." 7. Leadership, Training & Partherships Our training arni continued to grow as a core pil]ar of Ph TnL8Vs contribution to the wider sY¢M of those supporting children, young people attd their familie5. We hav¢ delivered 24 training work5hop5 to over 540, equipping professTonals across $th10ry. ethi¢ati¢)n and VCSE sectOTS involving theme5 such as Exploitation. HSB. Childho N¢gl¢cL Serious Youth violen HaTm (m1<k th¢ home and Leadership. Parti¢ipants said.. "Brilliatii session I found it very infoThnative attd bave learnt a loL- "Thank you very much for y¢)ur claTity ID your delivery. itJforn]ation and profrssional manner. Every Mernb of the communty n¢¢ds to be aware of this- Not just professionals. Thanks again." "Really usefijl intro io HSB, Help tips and ide&%. comprehenstve look at th¢ whole perso helpful and eary to understand.. Page 3
Phase Trns1 Report of the Trustees ForThe Year Ended 31 August2025 Additional Work & Org#lliqational Dev¢lopmeDt Alongside our front]ill¢ delivery, we conttnued to strengthen the organisation itself. developing our systems, patherships and internal Practices to ensure we can meet th¢ growing need8 of cbilth4 young people and fami]s¢s. Key areas this Ye iD¢lud¢d.. Strengthening our internal delivery systems, w¢ did this througb- - R¢dev¢loping our data ¢aptur¢ pro¢¢sses. - lrnproving client assesments for ¢laTity aDd ¢onsistency across programmes (e.g., WEMWBS. ADA). - A new b¢spok¢ CRMld&8hboard to track complex indiOrS and case progress. Siaff dev¢lopm¢nt & Trnining - We inv¢st¢d in organisation-wide Trauma.InfoTmed Practitioner traiDing and AIM renewal training, streDgthenxng o orgattisatiolla] approad] to b¢ing trdUtlla-jDforCd alld sharpening our approad) to all HSB related WOTk. - Our famity stream received additiODal training io paTenting sUPPOrt through Care for the Famity and The Solihull Approach. This has broadened our approach and too15 for engawg parellts. enabling us a more flexible approach that meets them at their rA)int of neL Organisational R¢vi¢w - Th¢ Board commissioned an Organitional review to strengthen Phase Trusys impacL ¢ffi¢iettcy and longnn 5U5tainability. The review focuses on leaderthip trattsition supprt goveTDan¢¢ dev¢lopmenL prothctivity and pro¢e5S iproVeents strategic fundraising Continuity. Challenge5 & Our Responses As with any year. we faced 5¢v¢ral challenges that Tequtred thoughtful rnSeS to ensure we continued to provide $3f¢, eff¢div¢ supwrt for childrrn and young p¢(yl¢. This included.. - IncTeased Case complexity and seriousness: we have noticed an increase in the complexity of cases. with an increase in challenging themes such as tJauro4 domestic abuse )nd intrafatnllial barni. With the completion of the trauma infonned PTactition¢r traintng (TISUK). we believe Staff skill and knowledge better reflect the needs we ar¢ facing. In addition. OUT TLSUK 5upervisiort provides sm?¢tur¢d SP forpTactitioners to reflect OD this cijmplexity. helping to maintain safe practice and explore sojuuons ¢n5ure tb¢ best support. - Inconsistent undelandIng of HSB across Jg¢n¢ies.. this led to us intro(lucing a conwltatioll stsge prior to receiving a refeTAI. This has enabled staff to ¢xplore PT¢5eDting concerns. clarify whether HSB support is needed and agree the most appropriat¢ pathway of support li also created th¢ i)pportullity to clarify HSB def]tiOnS and str¢ngthell Safety Plans wtth prnctical guidance for families. schools, and profegsionals. Alojwide this. we have de]iv¢red HSB awareness training to improve und¢T5tandiDg across the wider system. - Funding uD¢ertainty 8ryd eost pressures.. As we approathed the end of 2024-25. we were heading towards the conclusion of a number of furtding streams and coniracts. Although anticipate4 we started to plan well in 5eek]ng continuation of thtte SOue$ to ¢JLsur¢ w¢ avoided funding gaps. At the 5am¢ lime, ¢ontinuing fanciaL pressure related to cost.of.living increases has created a more ¢ompditive fimdraising lalldscape across the charity seetor. The plan to complete an organisational review 15 a dir¢ct Te5ponse to some of these concerns, aiTniDg to strengthen our incom¢ generation strategies meet the financial needs ahead. Page 4
Phase Trust Report of the Trustees For The Year Ended 31 August 21)25 FINANCIAL REVIEW FiDancigl position Phase Trust continues to be fimded by rnaiDty by grdllts from the Big Lottery's Reaching Communiti¢s Fund, Children n Need and contracts to provide s¢rvic¢s to Bla¢k Country Health. These together with other small grant5, tradsng 5eTViC¢S and regular givlng support the work of the tharity. How¢ver. Pb&se TDJst cont2ttues to face the cha]lenge of rneding increased salary ¢osts due th changes introduced by the gov¢Tnm¢nL This b&% r¢sulted An a deficit for the year of £12.116 {2024 £71.397). The board togeth¢r with leadership team will ¢ODtillu¢ to ¢los¢ly monitor this situation and look to impTOV¢ this situaiion. Reserves lleY It is the poli¢y of the charity to estsbli5h designated reserve fijnds to manage any ttIal f]nancial risks to th¢ viability of th¢ organtsation. The level of serveS links to our finaD¢ial wesstnent of risks that the orgaDisatioll faces ov¢r the ]n¢diutn terjn 2-3 yearperiod. The basis of the reserves has been reviewed for thÉs statement and the board considers it prudenl to s¢t aside an amoullt equivalent to six month5 expenditte within the designated reserves. For the period 2025ll6 thts equates to £200.000 (2024125 - £200,000) The trstetS will continue to monitor ¢los¢ty the risks and financial fornianCe during 2025r26. Going con£er After Tnaking appropriate enquirie& the t bave r¢pson#bl¢ expectation that the Company has adequal¢ r¢s(M to continue in operational exis*nce for at least th¢ nex¢ two years. For this reaso they continue to adopt th¢ going concern basis when preparkng th¢ fiDatLcitii statements. FUTURE PLAf45 Lookin8 abead, we have identified 5ev¢ral prioriti¢5 that will strengthen our work aDd respond to the needs emergtiig across our ¢ouununity: - Look to c¢)nf]Tm Dew funding strategy and fijndraising approach as paTt of th¢ or8]satiOnal review process. Develop and ¢mb¢d a new approach to overseeit)g and managing aff d¢liv¢ry schedule4 to help improve managemerAt of staff r¢sour¢es and lead to more effective delivery - Plan for ¢ontiuuation of fullding and contracts in relation lo Community ChiE&ell in Nee41 WM Police & Crime Commi55i¢)ner, Blath County Health. - Continue lo d¢velop delivery offer, with 5pecifi¢ aim5 to explore the cballenge of misogyny. domesti¢ and s¢xual abuse. - Continue to streD8then leadcr5hip and training offers. iD¢luding exploit#tion/HSB awareneu and tsau]na.infonn¢d practice. . Deepen I(al partnershtps (ethication, heahh, VCSE) and grow traded services to rethjce reliance on grant fiwdiDg. STRUCTURE, GOVERNANCE AND MAFIAGEMENT Governing docuw¢nl The tharity is ¢ontrolled by its governing documenL a deed of trus( and consliiutes 4 liJnite41 company. li]nited by guarante¢, &% defihed by the Companies Act 2006. Reeruitment and appointment of n¢Tv truste¢5 The board of Irustees are all lo¢ peopl¢ with a mix of personal and professional ski115 and exp¢Tiences. A5 the Charity's work fo¢ws on young p¢opl¢ the board seeks io ensure that the needs of this group ar¢ appropriately r¢fl¢th¢d through the diversty of the board of Ste¢S. In the ¢vent of pthicular skills being lost due to Tetir¢ments. individua]s will b¢ approached to offer themselves for eleclion lo th¢ booTd of tsustees. REFERENCE AND ADMINISTRATIVE DETAILS Register Company number 04927820 (England and Wales) Page 5
Phase Trnst Report of the Trustees For The Year Ended 31 August 2025 Registered Charlty number 1100404 Regi51ered ts1¢e Owen House Little Cornbow Halesowen West Midlands B63 3AJ Trustees Rev L Evans Mrs L C Ball Dr L Adam5 Dr S Fung P B caPbe1[ Ms E P A Docherty T M Gregory Company Secretary Dr S Fung Approved by order of the board of Ste¢S on....... .1 q...fiith*...Ik•llp. and si)ed on its behalf by: Dr S Fung- Truste¢ Page 6
lttdependent Examiner's Report to the Tru5tee5 of Phase Trust Independent ex8min¢r's reiKJrt tts the trustees of Phase Trust ('the Company.) I report to th¢ Gharity trle¢S on my examinauon of the accounts of the Company for the y¢ar ¢nd 31 August 2025. RespoDSibilities and basls of report As the charity's trustees of (he Company land also its director5 for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirernents of the Compallies Act 2006 (the 2006 Act.). Havng sat15fied myself that the accounts of the Company are not required to be audit¢d und¢r Part 16 of the 2006 Act and are eligible for indendent examination, I rew)rt in respect of My examtnation of your charity's accounts as carried out under Section 145 of th¢ Charities Act 2011 Cthe 2011 Act.). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 A¢t. Independent examiner's staterneDt Since your charity's gross income exceeded £250.OCrt) your ¢xamin¢r must be a member of a listed body. I can conf]rni that l am qualified to undettske the examination (aUSe l am a mernber of the Association of Chartered Certified Accountants, which is one of the listed b)dies. I have completed my examination. I confirni that no Tnatters have come to my attention in connection with the exaTninatton giving me cause to believe-. accounting records were not kept in respe¢t of the Company as required by Section 386 of the 2006 Act. or the accounis do not accord with thos¢ re¢ords,' or the accounts do not comply with the accounting requirements of Section 396 of the 2006 A¢t other than any requirement that the accgunts give a trlte and fair view which is not a matter considered as part of aD independent examination. or the accounts have not been prepared in accordance with the methods and prin¢iples of the State]nent of Recommended Praciice for accounting and reporting by charities {#pplicable to charities preparing their ¢¢QUDts in accordance with the Financial Reporting Stsndard applicable in the UK and Republi¢ of Ir¢land (FRS 102}). I have no concerns and have come auoss no other rnatters in connection with the examination to which attention should be drawn in this report in order to enabl¢ a prop¢r understanding of the accounts to be reached. N P Kirkham FCCA The Association of Chartered Certified Accountants Date.. 27 ?)2&. Page 7
Phas¢ Trust ststernent ofFlnAneial Activities neorporating aD Ineotlle and Expenditure Accot) For The Year Ended 31 August 2025 2025 Total 2024 Total ftmds Unrestricted Restricted fimd fijnds Note5 INCOME AND ENDOWMENTS FROM Donations and legacies 11,873 11,873 10,844 Charitable &etivlties Grdnts and contra¢ts to provide serYice5 to yOUDg peopl¢ 206.175 178.426 384.601 311.721 Other income 10,660 10.660 Total 228 708 178.426 407 134 327,665 EXPENDITURE OTr4 Charitable activities Grants and contracts to provide servxces to yOUDg p¢opl¢ 82 82 80 Other 268 716 150452 419,168 398 982 Total 268 798 150452 419250 399 062 NET INCOMEI(IXPENDITURE) (40.090) 27.974 (12,116) (71,397) RECONCILIATION OF FUNDS Total fimds brought fonvard 124,065 204,483 328.548 399,945 TOTAL FUI¥DS CARRIED FORWARD 83.975 232,457 316432 328 548 The not¢s forni part of these finaDcial stat¢m¢Dts Pag¢ 8
Pbase Trust BalaDce Sheet 31 August 2025 2025 Totsl flmds 2024 Totol fimds Unrestricted R¢Btri¢ted fimd fimds Not¢5 FIXED ASSETS Taugibl¢ &%sets 1.548 30.178 31.726 4.212 CUIiRENT ASSETS Debtors Cash at bank aud in hand 24,993 24,993 307,207 19,870 376 467 240.886 91.314 240,886 332200 396J37 CREDITORS Amounts falling due within on¢ year (8.887) 138.607) (47.494) {72.001) NET CURRENT A&SETS 82,427 284.706 324 336 TOTAL ASSETS LESS CURRENT LIABILITIES 83.975 232.457 316.432 328.548 NET ASSETS 232 457 316432 328 548 Unrestricted funds Re5triGted funds 83,975 232 457 124.065 204 483 TOTAL FUNDS 316.432 328,548 The ¢harilable company is entitled to exemption from audti wid¢r Section 477 of the Companies Art 2006 foT the year ¢nd¢d 31 August 2025. The m¢mb¢TS have not required the company to obtsin an audit of its fClaI statements for the year end¢d 31 August 2025 in accordance with Section 476 of the Compani¢5 Act 2006. The trustees ackn¢)wledge theirrwsibilities for {a) ensuring that th¢ charitable company keeps accounting records that ¢ompty with Sections 386 and 387 of the Companies Ad 2006 and preparing ffflancial %Latements which give a trne and fair view of the state of affairs of the charitable compally as at the end of each f]nancial year and of its surplus or deficit for each finan¢ial year in accordance with the requirements of Sections 394 atld 395 and which otherwise compty witb the requirements of the Companies Aot 2006 relating to fmancia] ststements. 50 far &5 applicable the Charitsble company. (b) The notes forni part of thesc financial statements Page 9 continued...
Phase Trn5t Balance Sheet- continued 31 August 2025 These financial statements have be¢n prepared in accordance wfftth the provisions appIlble to charitable companies subject to the STnall companies regime. The fintncial ststements were approved by the Board of Trustees and authorised for issue on Kq 2tsL& . and were Signed on its behalf ty: L C Ball- Trustee L Evans- TNstee The notes f¢)rni part of these financial statements Page 10
Phase Trust Notes to the Financial Ststements For The Ytgr Ended 31 August 2025 ACCOUP4TING POIICIES BAsis of prep4Ting the financial stattmetsts The financial statements of th¢ charitable company. which is a public benefit entity under FRS 102. have been prepared in accordanc¢ with the Cljarities SORP (FRS 102) 'Accountillg and Reporting by Charities.. Statement of Recommended Prartice applicable to charities preparing tbeir accouttts in accordance with the Financial Reporting Standard applicable in the UK and Republic of freland (FRS 102) (effective l January 2019),. Financid Reporting Standard 102 The Financial Reporting Standard applicable in the UK ynd Republic of Ireland, and th¢ CompaDi&s Act 21)06. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statetnent of FiDancia] Activities once the Charity has entitlem¢nt to the funds. it is probable the income will be rvxived and the 4mount ¢an be me4sured reliably. Exp¢nditur¢ Liabilities are recognised 18 expenditure as siM)n as there is a legal or consnictive obligation conJ]ng the charity to thal eXpeditr¢, it is probable that a Iran5fer ofeconoTDiC benefits will be requir¢d iD s¢ttlem¢nt and the amount of the obligalion can be measured reliably. Expenditure is accounted for on an accruals b1$ and h b¢¢n rlossifi¢d wider headings that aggregatr all cost related to tbe category. Where sts cannot be dirtlY attrl)uted to particular headings they have been allo to activities oll a basis consistent with the use of TOurCes. Tanglble fixed assets D¢pr¢ciati¢)n is PTovid¢d at the following annual ratrs in ord¢r write off each a4set over Ats estitited useful life. Premises refurbishment Office equipn)¢nt 25Yo Oll Cost 33Yo on cost T¥xAt5on The chartry is exempt from ¢(rati tax on its charitable activities. Fund accounting Unrestricted fijnds call used in accordaDce with th¢ charitable objectives at th¢ dire¢lOn of th¢ trust¢e5. Restricted fijnds can ollty be used for particular restricted purposes within th¢ obj¢¢ts of the charity. R¢strictions arise when specified by the donor orwbeD funds are rais&l for particular restricted pwpos¢5. Further explanation of the natur¢ and purpose of eath fillLd 15 included ill the notes to the financial statements. NET INCOMEI(EXPENDITURE) Net incom¢l{¢xp¢nditur¢} is stated afi¢r chargingl(LTediting): 2025 2024 D¢pr¢ciation- own¢d assets Lossl(profit) on disposal- oiwned assets 14.096 6212 Pag¢ll ¢ontinued..
Pbase Trust Notes to the Financial Ststements- continued For Th¢ Year Ended 31 August 2025 TRUSTEES, REMUNERATION APID BEI¥EFITS Th¢re were no thjstett, remuneration or other ben¢frts for the year eod¢d 31 August 2025 nor for the year ended 31 August 2024. Trnstees. expenses Th¢r¢ w¢r¢ no trustees. expenses paid for the year ¢nd¢d 31 August 2025 nor ftt the year ended 31 August 2024. STAFF COSTS 2025 2024 Wages and salaries Social security costs Other p¢nsion costs 303,513 28,788 9,102 292,253 23.637 9,009 341.403 324 899 The average monthty numb¢r of eTnploy¢e5 duritlg th¢ y¢ar was as follows: 2025 14 2024 14 No employtts received emohents in excess of £60.CN)O. COMPARATIVES FOR THE STATEMEwf OF FANCIAL ACTIVITIES Unrestrided fund R¢5triet¢d funds Total INCOME AND ENDOWMENTS FROM Donations and lega¢i¢s 10,844 10,844 Cltaritsble activities Grants and ¢ontrn¢ts to provid¢ 5¢rvic¢5 to young people 199210 112,511 311.721 Other income 5,100 Total 215,154 112.511 327,665 EXPENDITURE ON Charitsble activities Grants aud ¢ontrwts lo provide servic¢s to young people 80 80 287 167 111815 398 982 Total 287 111815 399.062 NET tNCOMEI(EXPENDITURE) (72,093) 696 i 0.000 {71,397) TraDsfers be*weeD funds Net movemellt In funds (82.093) 10.696 (71.397) Page 12 continued...
Phase Trnst Nott5 to the FiDan¢ial Statsments- eolltinued For The Ytar End¢d 31 August 2025 COMPARATIVES FOR THE STATEMEwf OF FINANCIAL AcfiviTIES- contlnued Unr¢stri¢ted Restricted fund fimds fimds RECONCILIATION OF FUNDS Total fund5 brought forward 206.158 193,787 399.945 TOTAL FUF4DS CARRTED FORWARD 124,065 328.548 TANGIBLE FIXED ASSETS Office Tefiubi51ment equipment Totals COST At I September 2024 Additions Diw5als 3.722 37291 21,433 4.319 300 25,135 41,610 At 3l August 2025 41.013 66.465 DEPRECIATION At I September 2024 Charge for year Elirninated on disposal 3.537 9.508 17.406 4,588 20,943 14.096 At 31 August 2025 F4ET BOOK VALUE At 31 August 2025 At 31 Augu 2024 185 4.027 4,212 DEBTORS: AMOUNTS FALLING DUE WITHIN Of4E YEAR 2025 2024 Trade detrors Prepayments 22,029 2,964 15.746 24.993 19.870 Page 13 Continued...
Pbase Trust Not&s to the Financial StstemeDts- Contilled For The Year Ended 31 August 2025 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditOTS Social security and oth¢r taxes Pension owing Accrued expenses 244 4.815 6.209 1.984 39 47.494 MOVEMENT TN FUNDS Net movement in fijnds At 31.8.25 At 1.924 nrestricted funds G¢n¢Fal fimd 124.065 (40.090) 83.975 Restricted fuDds Designated Re5UV¢S Children in Need for lift in5tallati(Trn 21X).000 4.483 200,000 5.457 974 204.483 27.974 232 457 TiyfAL FUNDS 328 548 12.116 316432 Net Tllov¢ment in fLll)d& included in the abov¢ as follows.. Jn¢omiDg RE&ources Movement expended in fid5 Unrestrirted fwnds General fimd 228.708 (268,798) (40,090) Restrietsd funds Big Lottery Fund Income from Trusts West Midlands Police Children in Need Grant for lift installation HAF Funding 110,776 780 4,500 24,871 36,0 (110,776) (780) (4,500) (23,897) (9,000) 1,500 974 27,000 178427 150453 TOTAL FUNDS 407 135 419251) 12 116) Page 14 continued...
Phase Trust Notes to the Finaneial Ststements- Contied For Th¢ Year Ended 31 August 2025 MOVEMENf IN FUNDS- eontlllued Comparativ¢J for movement in funds N¢t Transfers between funds movern¢llt in funds At 31.8.24 At 1.9.23 Unre5tri¢ted funds General fund 206.158 (72.093) (10,000) 124,065 Restrlcted funds Big Lottery Fund Contracts for SeTVi Designat¢d Resetves Children in N¢ed 2,187 1,600 190,000 {2.187) (1.600) io.o(M) 2(M).000 4.483 193 787 696 io,otM) TOTAL Fuf4DS 328.548 Comparntive net rnovemt in funds. included in the above are as follows: IDcorning Resources expended Movement in fid5 Unre5trlcted fund5 General fund 215.154 (287247) (72.093) Restrficted funds Big Lottery Fund Contracts for Services Children ill Need 86.162 2,139 24210 (88.349) (3,739) (2,187) (1,600) 112.511 111815 696 TOTAL FUNDS 327,065 399 062) 71397) Page 15 tinued...
Phase Trust Notes to the Fln8nclg1 Statemtllts- eontlnued For The Year Ended 31 August 2025 MOVEMENT IN FUNDS. continued A ¢urrent year 12 montL8 and PTiOT yw 12 months ¢ombiJhed position is as follows: Net movement in funds TTan5fers betsveen funds Al 31.825 At 1.9.23 Unr4gtrlcted funds General fund 206.158 (112.183) (10.O(Nl) 83,975 Rostrieted thDds Big Lottery Fund Contracts for Services Designated Reserves Children in Need Grant for lift installation 2.187 1,600 190.000 (2,187) (1.61)0) 10.000 21)0.000 5,457 5.457 27,000 193,787 28,670 232 457 TOTAL FUNDS 83 513) 316432 A ¢urrMI yew 12 months and prioryear 12 months combined net movement in funds, included in the above are as follows: IncomiDg Resources expend MoYe]nent in funds Unrestrtcttd tsnds GeneTal fund 443,862 (556,045) (112.183) Restricted funds Big Lottery Fund Income from Trnsts West Midlands Police Contrads for S¢rvi¢¢s Children in Ne¢d GraTJt for lift installation HAF Funding 196.938 780 4,500 2.139 49.081 36,IM)O 1.500 (199,125) (780) {4,500) (3.739) (43,624) (9.000) 1.500 (2.187) (1,600) 5,457 27.000 262.268 28.670 TOTAL FUNDS 818 313 Pag¢ 16 continuel..
Phase TTU$t Notes to the Financial Ststements- continued For The Year Ended 31 August 2025 io. RELATED PARTY DISCLOSURES Th¢T¢ were no related party transactions for the year ended 31 August 2ff25. Page 17
Phase Trnst Detailed Statement of FinaDcig1 Activiti For The Year Ended 31 August 2025 2025 2024 INCOME AND Ef4DOWMETrrrs Donations and legacies Donations Gift aid 9,146 8.712 11.874 10.844 Charitsble activities GTants and colltrdcts io provide Servi w youog people 384.601 311,721 Other income Rental income Government aid 160 10.500 loo 5.000 10.660 Total incoming re50ur¢es 407,135 327,665 EXPENDITURE Other Salaries & national iDsllraD¢¢ Training Trnvclling ¢xpens¢s Teaching reSOUTce5 Adverrising T¢lephone, post and stationery C¢)TnPUt¢r ¢xp¢nses Repairs and renewals Sundry expenses L¢gal alld professional fees Relll and utilities Insuranc¢ DepT¢ciation Los&lO¥ofit) on sale of office equipment 341,403 4.973 6.550 16,778 369 3209 3.703 1.094 2.936 3.988 8,706 2.364 23,096 324,899 15.841 9.254 8,051 7,559 3.502 8.576 1,050 2,304 1.650 8,053 2,151 6212 120 419,169 398.982 Support costs Fina]Jee B8nk charges 82 80 Total resources expended 419 Net expenditsre 12 116) 71 397) This page does not forni part of the statutory financial stat¢rn¢nLS Page 18