Registered number: 05003795 Charity number: 1102254 PRISON FELLOWSHIP (A company limited by guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 GSI"1&Co C7riff in Stnne Moscrop & Co 100 YEARS
.Docusign Envelop& ID.. A4BA1C2E4E9A-4A8C.95CB-1 OD1D84C4BA7 PRISON FELLOWSHIP {A company limlted by guarant88) CONTENTS Page Trustees. report Independent audltors, report on the financlal statements Statement of finanGial activltles 16 Balance sheet 17 Statement of cash flows 18 Notes to the financial statements 19-33 Grlff in Stone Moscrop & Co (H4RItFEDACCthNTANTS£REGISIERWAWITOR5
Docusign Envelope ID.. A4BA1C2E4EQA-4A8C-95GB-1 OD1D84C48A7 PRISON FELLOWSHIP (A company limited by guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 Chair's re ort In many respects, this has b&@n an exciting year for Prison Fellowship England and Wales (PF).. a new CEO, new Board members, new openings for ministry and new challenges! Things ch8nge, bul we continue to see God's failhfulness in His purposes for Prison Fellowship and our mission to transform the lives of those impact8d by the justice system. We are grateful for.. faithful supporters and grant-glving trusts who remain confid@nt in what we do and, in our effectiveness, continuing to provide financial support despite Ihe challenging economic environm8nt' our volunteers, long-standing and new, who do th@ front-line work engaging with p8opl8 in prison whether directly in prisons (through Bible study groups, Sunday service8, Pastoral Care and other courses such as Alpha} or via other means such as Praygr ts"ne, Letter Link and Angel Trge. Our volunleers are the 'secret weapon, which enables PF to deliver such meaningful and valued impact across the prison estate., our CEO and staff. who develop our strategy for curr&nt and future needs,. design and monitor our programmes and ministries., l&ad, support and train volunteers; and secure the funding to sustsin our work. We were delighted to welcorne Catherine De Souz8 as our n8w CEO in September 2024. She has already brought great experience along with a clear vision for strengthening PF'S fulure impact., the Prlson Chaplaincy teams who trust in the quality, commitment and passion of PF volunteers and welcome them in to work alongside them. Managing Chaplains have spoken openly and appreciatively in recognising our contribution over the pasl year,. our Board and patrons who bring valuable experience and wisdom to support the management team and provide effective governance and oversight. It was with great sadness that we retired our long-running Sycamore Tree - Infrtxluction to ReStotive JustiGe cours8. Yet, we also celebrate that, over 25 years. mor8 than 40,DOO learners in prison benefitled from its impact. Th8 course was concluded fcllowing a review by HMPPS'S new National Framework for Interventions (NFI), We are now excrfced to be developing a new programme focused on restoration. Prison budgets remain light and, although staffing 18vels are improving, understaffing continues to be persistent challenge. Those leaving closed prison conditions also face significant difficullies as they transition to open prisons or prepare for release und8r parole or at the end af their sentence. Ministry of Justice statistics show that, in 2024, 14/0 of all people in prison in England and Wales (12,344} were in custody due to recall. Notably, 77¥0 of those recalls w8re for 'non-compliance,' rather than reoffending, often linked to reintegration barriers such as housing instability or issues with accessing benefits. In this coming 2025126 year, we will expand existing programmes such as Pastordl Care and explore new initiatives aligned with our mission and capabililies, including a new course focused on restoration. We are also strengthening our fundraising capabilities to support this growth. Last year, I reflected on the word8 of th8 great 18th-c&ntury missionary lo India, William Carey, who &ncouraged Christians to, 'Exp8Ct great things from God,. attempt groat things for God., As we step into this coming year, that same call continues to inspir& u8 to embrace new opportunities and approaches, refresh and rebuild others and encourage new volunteers and supporters to join us in delivering these 'great things., FdLr Peter Harlock Chair of Trustees Page 1 Grfffln Stone Moscrop & Co ¢ThARTP¢COuAaNEG1sTFBEQADffo
Doousign Envelope ID.. A4BA1 C2E-4E9A-4A8C-95CB-10D1D84G4BA7 PRISON FELLOWSHIP {A company limit8d by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Th8 trustees who are also directors of the charity for th8 purposes of thè Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trust8es have adopted the provisions of Accounting and Reporting by Charities,, Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with lh8 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 {8ffective 1 January 2019), REFERENCE AND ADM STRATIVE DETAILS Register8d Cornpany numbar 5003795 (England and Wales) R8gi8t8red Charity number 11Q2254 Registered offic8 Griffin Stone Moscrop & Co Chartered Accountsnts and Registered Auditors 21-27 Lamb's Conduit street London WC1N 3GS Trustees Mr Peter Francis Travers Harlock Rev Kathleen Kirby Mr Philip Michael Miller Ms Sandra Lorrdine Wallace Ms Avril Helen Arundel Rev Joanna Clare Honour Mr Andrew Roger Jordon Rev Steve Karma Rev Timothy Wright Ms Patricia Molly Hodson Ms Charis Emilia Mastris Gibson Mr Desmond Oliver Brown Mr David Wesley Cooke Chair Treasurer Resigned 1610512024 Appoinled 2410912024 Appointed 1411012024 Resigned 1510112025 Appointed 2810112025 Appointed 2810112025 Resigned 2910112025 Audltors Griffin Stone Moscrop & Co Chartered Accountants and Registered Auditors 21-27 Lamb's Conduit Street London WC1 N 3GS Bankers HSBC Bank plc 99 High Street CHELfvISFORD Essex CM11EQ Website www.prisonfellowship.org.uk Page 2 Griffin Stone M05crop & Co cHAKrEREDNTNT$&E&srERWjl
Docusign Envelope ID.. A4BA1 C2E.4EgA.4A8C45CB-10D1 D84C4BA7 PRISON FELLOWSHIP (A company limited by guarantee) TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Chlaf Executive Offffioer Mr Peter Holloway- until 30th June 2024 During July and August 2024, Mr Andy Pre8COtt served as Interim Chief Executive Officer, providing leadership continuity ahead of Ihe arrival of PF'S new CEO in September. T<ev Catherine De Souza- from 2nd S8pt8mber 2024 STRUCTURE GOVERNANCE AND MANAGEMENT Governlng Instrument and Constitution The charity is controlled by its governing document, a deed of trust, and conslltutes a limited company, limit8d by guarantee, as defined by the Companies Act 2006. Board of Trustees During the year, the Board m8t for four normal meetings. The Audit and Risk subthcommiltee met three times during the year, and the Governance and Nominations sub-committee mel four times. Aims, Objects and Goographical Area Prison Fellowship aims to support people in prison by coming alongside them, providing practical help through its programmes, and by supporting their plans to stop offending. We aim to offer our programmes and services throughout England and Wales lo all willing to accepl them. They are inclusive and open to people of any age, 8bilily, faith, gender or elhnicity. Our objectives are to provid8 prayer and support for people in prison by havtng.. Every prison supported by a Prison Fellcwship Local Group., Prison Fellowship volunteers regularly active in every prison., Prayer support available for @very individual person in prison and in every prison. A range of programmes to allow our Local Groups and volunteers to support people in all types of prison., A national infrastructure to.. Provide support for every volunteer and Local Group, allowing us to recruit, Irain and retain our volunteers and give them a high-qualily experience and proficient delivery to prisons- Offer opportunities to give financially to our work. Increase our reach to all communities. Publlc beneflt The Trustees confimi thal they have compli8d wf(h the duty in section 4 of the Charities Act 2D06 to have due regard to the Charity Commission's general guidance on public benefit. Earlier paragraphs of this report set out the purposé and objects of Prison Fellowship, the focus of cur work and how we ensure that our work delivered our aims. The Trustees are satisfied Ihat the aims and objectives of the charity meet the public benefit requirement,. and that the charity's activtties are in support of those aims. Summa of the ear The last year has seen significant change and challenge to the landscape and environment in which PF is operating. The wider prison system fac6d acut8 pr8ssures, including staffing shortages and chronic overcrowding, culminating in the need lo impl8ment early release schemes. Increased media coverage of these challenges, however, fostered a growing willingness among the public to engage in effective, rehabilitative solutions, shifting away frDm the historical 'out of sight, out of mind, attitude towards people in priscn. A significant review of sentencing was commissioned by the government, which is sxpected to lead to an increase in the use of community sentencing. a presumplion against custodial sentences under 12 months., chang&s to r8calls,' an increa8e in the use of electronic tagging. and an earned progression model for those serving prison sentences. Page 3 Grlfffin Stone Moscrop & Co o.L4KfEDc0ur#&fiEGSTEREDuITIxJS
Dowsign Envelope IO.. A4BA1C2E-4EgA-4A8C-95CB-10D1D84C4BA7 PRISON FELLOWSHIP (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 These systemic challenges amplify the critical need for PF'S services. Our extensive experience and national reach across prisons position us uniquely to respond to the growing demand for meaningful, rehabilitative activities delivered by volunteers at no cost lo the prison system. Although the economic climate continues to pose fundraising challenges across the sector, our unique scale and mission-driven approach is significant. We anticipate the demand for PF'S volunteer-led services will continue to grow, creating substantial opportunities for mission expansion despi18 practical obstacles, We believe several key factors contribute to our current and future success.. 1. Alignment wlth key stakeholders.. PF'S mission is highly aligned with the objectives of HMPPS Chaplaincy, ensuring our services are actively welcomed and supporied within priscn chaplaincies. 2. Skilled and motivated volunteers: Our large, commttted volunteer base is crucial, contributing time, expertise and passion to 8ffectively deliver our mission. 3. Vibrant faith communlty. Th8 active Spiritual purpose of PF drives commitment and ensures our programmes remain tru8 to our Christian foundations. 4. Strategic focus on voluntegrs: Investin9 in volunteer recruitment and leadership development is a critical area for sustained growth and programme success. Volunteers and tralning The number of PF vclunteers actively engaged in our mi88ion at the end of this financial year is 2,238. During the year, we delivered 27 training events with 220 volunteers att8nding. Training included volunteer induction training, Pastoral Care, Sycamore Tree Tutor and Group Facilitator, Angel Tre8 Coordinator, and Letter Link. In addition lo the PF.18d training, Pastoral Care volunteers were also able lo access additional training from HMPPS and Cruse. Pro rammes and activities Angel Tree Angel Tree (A T) allows people in prison to send a gift to their children at Christmas, free of charge to th8 person In prison and their family. We also run a similar scheme on Motherfs Day lo allow young offenders to send a gift and card to their mum or female carer. Thè programme is adminislered by trained volunteers and funds are raised regionally and nationally. Family cohesion and positive relationships are ciitical to rehabilitation and improving desislance. A Tassists family Cohesion and is much appreciated by thos8 in prison and th&ir families. Parents in prison write.. 'Angel Tr99 is one of the few positive things I can do for my ohildren. It mgans so fftuch to me to be able to take the initiative in helping to Oalse a present for my childrèn. While the gift is only a materi81 object the gesture is profound. As far 8S n?y c1711dn concerned the gift has come dir8Gtly from Dad. They are full of joy when they reGeli19 the gift and when they show me, ngarly a year later, on vidao visit, thè gift is sfill treasured. Tho Angel Tree scheme not only helps me to feel a little more of a valuedparenl and help to bolstermy seif-esteem a liltle, but also lets my child know t17ey are valued and that even though 18m not with them, thgy still moan the w0d to me., A parent in prison tsking part in Angel Tree '1 am so, so grateful for th8 work you do. It is the 4th year my childron have tBceived Angel Tree gifts. Thay arg always delighted with them and want to lell m8 all about them. Your ministry has helped strengthen the bond between us over these clifficult years. Thank you., A parent in prison taking part in Angel Tree Page 4 Griffin Stone Moscrop & Co C1*AtERE0CCcuTthwTS1REGSTEREoILltO
Doouslgn Envelope ID.. A4BA1C2E-4E9A4A8C-95CB-10DID84G48A7 PRISON FELLOWSHIP (A company limiled by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 At Christmas 2024, 4,467 presents w8rg provided and delivered from parents In 97 prisons, We also d81ivered Angol Tr99 Mothe8 D8y in 25 prisons in 2025. The programme supports young adults in prison in their family relationships by enabling them to have a gift sent on th8ir behalf, containing Iheir own messagé, to their mother or other significant adult, on Molh6rfs Day. 621 young adults sent a card and a gift this year. L6tterLink Lefter Link (LL) allows trained, Supervised volunteers to write to peopla in prison. It is particularly valued by those who have no friends or family who visit or with whom they can correspond. The programma also enables volunteers with limited capacity lo play an activ6 part in PF'S prison-based mission. Our Letter Link programme ha8 grown significantly in the past three years and 2024125 was another record year in LL'S thirteen-year history. At the end of 2024125, 492 Volunteer letter writers corresponding with people in 94 prisons across England and Wales. We believe that LL is the largest pen pal programme running in the prison estate. Prayer Lina Prayer Line (PL) was introduced during th8 Covid-19 crisis to allow those confined in their cells for 23 hours a day to feel that they have not been abandoned by society and faith communities. It allows any p8rson in prison to call a free numb6r and leave a confidential message with their per8onal prayer request. PF'S team of volunt88rs is committed to pray for each person who calls on that day and across the following month. The programme continues to be a lifeline to many people in prison and a blessing to the volunteers who engage with the programme. 1,551 ca118 from 93 prisons were made to PL during 2024125. Th& PL programm8 team is trained to spot potential saf8guarding issu88. In addition ta playing a part in the spiritual life of the people in prison, the service has also assisted the pastor81 care of individuals as a planned component of the overall care brought to bear by th8 HMPPS Chaplaincy Team. Sycan70re Tree After 25 transformative years, SycamoTr Tree no longer meets the current criteria far endorsement under the 2023 National Frameworf< for Interventions set out by His Majesty's Prison and Probation SeNice (HMPPSI, and as such is not currently being delivered. Alongsid8 our sadness, we also know that there is much to C8lebrate, as the programme has impacted over 40.000 learners. delivered by hundreds of trained and dedicated Prison Fellowship volunteers. Thousands of learners have come not only to understand the impact oftheir actions and the experiences of those they harmed, but that change, forgiveness and a new future are possible. Time and again, the programme has brought gr8c6, insight and hope into places often mark8d by revenge and despair. AS one learner expressed., 'It made me realise you can chang9 and there are people out there to help you. It made me think about who I have affected and how they feel, I will laavg here f6oling I can ch8ngg.' Before the programm8 closed towards the end of 2024125, demand for the programme remained high throughout the yearwfch 147 courses being run across 58 differenl prison establishments. Across the year, 1,930 18arners completed the course, with a 98 /0 overall pass rate and 8 90010 retention rate. Blble Studies By th8 end of 2024-25, PF had produced and distribut8d 230 we8kly Bible Studios for Ihose in prison. Tha Bible Sludies are distributed to chaplaincy departments in prisons across England and Wales, where they are printed and made available to anyon& who wish88 to receive them, In a prison system where staff shortag8s often limit Page 5 Gr11n Stone Moscrop & Co CI.MTE[fDJQCWNfkN&EGTEREDAUMTOS
Docusign Envelope ID.. A48A1 C2E-4E9A4A8C-95CWqOD1 D84C4BA7 PRISON FELLOWSHIP (A company Ilmlted by guarantee) TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 th8 time individuals can spénd outside their cells, these sheets have remained popular, offering not only valuable support for spiritual growth but also providing meaningful engagement and purposeful activity. These studies ar8 also made available lo those outside of prison and to the wider PF Internalional family. Pastoral Care There are 42 volunteers who have been trained as part of our Pgstoral Cara programme, offering bgr88vem8nt support to people in prison. Since the Pastoral Care rollout, 3,016 individuals in prison have received support frcm cur volunteers. The required tMo-day Pastoral Care training is delivered by HMPPS staff, and additional optional bereavement training is available through charities like Cruse and Care for the Family. 'Berpav6nFent is a key faGtor in nTuch Griminal behaviour, getting people sent to prison, Thg 8ffecfs of beavement a also a block to rehabilitation, ke8ping pgopl8 in prison. Thereforg, it is vit81 to provide support for recgnt and historic bereavomonts for people in prison, so that thay c8n move on with their lives and leave prison behind., Chaplain, HMP Lewes artnershl s and relatlonshi We are dedic8ted lo fomiing both formal and informal partn9rships thal enhance the support we provide to individuals in prison. With over 1,500 charities in the criminal justice sector, we strive to collaborate with others in the field and benefrt from shared expertise. Throughout the year, we have engaged positively with various organisations and will continue expanding our partnerships further by working with and signposting lo additional organisations. Those that work with us in a formal capacity or on a regular basis are acknowledged below, and we appreciat8 their contributions. HM Prison and Probatlon Service The partnership bebmeen Prison Fellowship (PF) and HM Prison and Probation Service IHMPPSI is vital to our mission. HMPPS oversees the rehabilitation of individuals in cuslody and the communty, and PF works closely with its Chaplaincy d8partment in prisons across England and Wales. This longstanding relationship is built on mutual trust and respect, allowing PF volunte8rs to intsgrate with multi-faith chaplaincy teams and serve those in prison. Through this partnership, PF embodi&s our Christian values by treating avery person they enGounter-whelh8r a prison governor or a person serving a life sentence -with dignty and compassion. This partnership has been instrumenlal in expanding our ministry in recent years. Thanks to the support of HMPPS Chaplaincy, we have been able to launch programme$ such as Prayer Line and were specifically invited to develop new programmes like Bible Studies 2nd Pastoral Care. We recognise Ihe importance of this partnership and remain dedicated to nurturing it, understanding that our abilty to 88Ne 6ffèctively in prisons reli8s on this deep, collaborative relationship. The Welcome Directory Our partnership with Th& Welcome Directory ffWD), which began in 2021-22, has been a great opportunity for both organisations to work together and support each other. TWD'S goal of helping faith communities welcome prison leavers fits perfectly with our mission to assist people as they transilion from prison to thg community. PF volunte8rs have been using TWD'S directory to connect prison leavers with falth communFties that can offer support, which plays a key role in reducing the chances of reoffending. This collaboration helps us continue our work in guiding people on their faith journey after prison. Page 8 Griffln Stone Moscrop & Co CFLaATEPEDlttOW#NREGTDAT¢ftS
Docuslgn Envèlope ID.. A4BA1C2E-4E9A-4A8C.95CB.10D1D84C4BA7 PRISON FELLOWSHIP IA company limit8d by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Slgnpost Signpost is s service created for chaplaincy teams, Prison Fellowship volunteers and others to find seNices that can support prison leavers as they re-enler the community, Our partnership represents a strat8gic opportunity for both PF and Signpost to enhance support for people transttioning from prison. Signpost aligns w@11 with PF'S mission to provide services without crossing security thresholds, facilitating engagement with younger volunteers and families of those in prison. Although Signpost is still in its early stages and requires further development, there is strong support for inlegrating Signpost under PF'8 umbr811a. To move forward, the Board of Trustees has agreed to actively investigate the potential for raising th8 nec88sary funding commitments. Prison Fèllowship International We are a founding member of the Prison Fellowship International (PFI) family, which operates in 112 countries globally. This relationship allow8 PF to benefit from international best practices, receive practical as6181ance and offer support to other national ministrie8. In 2024-25, we assisted national rninislries in the rest of the UK, th6 Republic of Ireland, and France with the rollout of th8 Sycamore Tre8 programme. Additionally, our partnership has made our weekly Bibl8 Studies available for translation 8cross Europe and the Central Asia region. Mothers, Unlon and Spurgeons: We are grateful to the kind as8i8tanc8 the Mothers, Union and Spurgeons who give us practical help in running our Angel Tree programme each Christmas. UCB and other medla outlets: Promoting PF'S work and h8lping us promote Positive attitudes towards people in prison is much valued h8lp from UCB and other media outlets. Prlson Alpha and others: We are grateful to Prison Alpha and oth8rs who give PF volunteers the opportunity to Co-deliver spiritual programmes under the mandate of local prison chaplains. Prlsons Week IPW),, During one week each October, PW facilitstes the wider church across England and Wales focussing upon people in prison and Iheir families. Junctlon 42.. Junclicn 42 regularfy provid8s Slori8s of Hopg c811-pa¢ks for people in prison. These packs contain spiritual and lrf&enhancing materials and through them w8 are most grateful that PF has been abla ID place promotional materia15 for our programmes. Book publlshers: Each year, PF is assisted by publishers who provide discounted. age-appropriat8 Christian themed books for distribution in our Ang91 Tre8 programme with the permission of the parent taking part in the scheme, This year, we are grateful for the support of Demier, Ed8n and SPCK. Cruso: We are delighlad to work with CNse around our Pastoral Care prcgramme through th8 pfDvision of resources and training. Fundralsin Prison Fellowship is most grateful for the long-term commitment of donors. Income provided from Trusts and Partner bodies decreas&d during the year by100kn to £191,981. PF is extremely grateful to all those who support our work finanGially including the following Trusts and Foundations in 2024r25'. Page 7 Griffin Stone MosctDP & Co CHAKfERE0c0uNTAISIRErsTrEDD
Docuslgn Envelopa ID: A4BA1C2E-4EgA-4A8C-95CB-1 OD1D84C48A7 PRISON FELLOWSHIP (A company limit8d by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Donations and grants giving £1,000 or more: 29th May 1961 Charitable Trusl, Archer Trust, Ashburnham Thanksgiving Trust, Astor Foundation, Baron Davenport's Charity, C & K Sommer Trust, Chalk Cliff Trust, chan To Change Foundation, David Pickford Cheritsble Foundation, Deo Gloria Trust, Dor@ma Charitable Trust, Edward Cadbury Trust (Inc), Elizabeth Bennett Charitable Trusl, Forest Hill Charitable Trust, Fowler Smith & Jones Trust, Fulmer Charitable Trust, Hadrian Trust, Heart of Bucks Community Foundation, Highway One Trust, Marsh Charitablè Trust, Mary Homfray Chaiitable Trust, Maurice & Hilda Laing Family Trust. Michael and Shirley Hunt Charitable Trust, Michael Marsh Charitabl8 Trust, Moushill Trust, Mrs L D Rope Third Charitable Settlement, Mrs R P Tindall's Charitable Trust, Music in Ministry Trust, Paul Bassham Charitable Trusl, Peler Stebbings Memorial Charity, R M Sales Charitable Trust, Ridley Godfrey Foundation, Riv8r Trust, Sabina Sutherland Charitable Trust, Seedfield Trust, Tog8th8r Fund, W F Soulhall Trust and Winifred Eileen Kemp Trust. other donations and grants- Barry Davis Charitable Trust, Blakemore Foundation, Edgar Milward Charity, Jessie Spencer Trust, Liverpool Charity and Voluntary Services, Mi55ionary Sisl8rs of Our Lady of Africa Registered Charity, Norman Evershed Trust, Openwort( Foundation, Orangefield Trust, Rothlay Twst, Stockwell Charitable Trusl and Sycamore Trust. PF b8n8fils from supporters whose foresight meant that the charity benefilted from their estates during the year. Giving in this area during the year was £218.837. Overall, PF'S donatlDn income increasecl by £108,648 to £806,381. Looking forward, PF will continue to follow a strategic fundraising approach based on excellent research and planning, with the aim of achieving a well-balanced, sustainable, professional, and cost-effeclive fundraising operation.. Well-balanced - getting the fundraising mix a8 It should be, sg that the charity is not over reliant on a particular Sou8 of funding,, Dependabl8- SO that planning can proceed with confidence; Cost effective - giving valu8 for money to supporting donors, well run, not wasteful of cost or opportuniiies or priorities. Flnanclal Results Th8 financial resulis for Prison Fellowship for the year 2024125 reported net income of £65,41312023124 net expenditure £28,700). Br8akdown of total Income: Sourc8 Donations Legacies Grants from charitable trusts & partner bodies Police Crime Commissioners 4,150 Income from charitable actrvitl8s, 34,963 investment income and other Total 2024125 393,613 216,637 191,981 2023124 422,658 60,075 212,754 /Daga of total 47D /vage prlor year 23% 290/0 2,246 36,222 4/0 50h 841,344 733,955 100% 1000/0 As can be Seen from the lable above, Ih6re was a fall in donation incoms and grants from charitable trustees and partner bodies and a rise in legacy income. Other sources of income grew in th8 period under review. Income excluding legacy income and income from charitable activities and investment income was down by 7.5%. Overall expenditure increased by 1.70/0. Page 8 Grfffln Stone Moscrop & Co CHkRTTrEDIttwNTkN&R5Tw.DAlT
Docuslgn Envalop& ID.. A4BA1 C2r-4EgA-4A8C-95C&qOD1 D84C4BA7 PRISON FELLOWSHIP (A company Ilmlted by guarantee) TRUSTEES, REPORT {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 Breakdown of total expendlture: Source 2024125 2023124 'knage of total /oage prior year Raising funds 125,668 Operational expenditure 850,087 Grants payable to partner organisation 176 Total 775,931 100,948 661,631 76 762,655 16¢ 840 1000 1.701• Reserves The Trust88s' policy is to hold reserves to enable Prison Fellowship to plan and execute Its important work over the medium term. This takes account of its comrnitment8 to prisons and staff as well as volatility in income. PF'S unrestrtcted reserves at the year-end were £649,070 {2023124 £527,829) and restrict8d res8Nes were £147,335 {2023124 £203,1S3) with overall reserves showing a 8.90/D increase over the prior year. The absolute minimum monthly amount required to m881 its financial obligations in insolvency is 8Stimat8d at £90,000 (2023124 £90,000}. Investment policy Th8 Board of Trustees has the power to invest in a wide range of assets. Surplus funds were kept on deposit during the year. R8t8s ar8 reviewed to ensure a satisfactory return wilh appropriate flexibility is obtained. Risk management The Trustees regularly monttor 8clual income and expenditure against formally approved budg8ts. No major financial risks are foreseen in the next financial year, and the organisation is well placed to fulfil its plans and mission. Longer term external risks arise from the Ghallenging operating envircnment in prisons and the willingness of HMPPS 8nd local prison governors lo support the role of th8 third sector. The Board holds an up-to-date register of risks to the charity. Risks are reviewed and their impact and probability assessed annually by the Board. Should unfor@seen risks arise during the year, or known risks increase significantly, the CEO reports such risks to the Board so thay may ba assessed and further mitigating actions planned. At the end of 2024125 there were 13 risks on the risk register. All have mitigating actions, agreed as satisfactory by the Board. Future Plans Prison Fellowship's mlsslon is simply stated,, 'To show Christ's love to people in prison by ooming alongside Ihem and supporting them,. And our vision is that- 'Ev6ry1rfa in prison is ttsnsfor777ed'. We continue to focus on being.. 'Christ centred and prisoner focused, PF'S internal work and external outputs will be demonstrably focusad on transforming the lives of people in prison. Every contact with PF will show Christ's love. Page 9 Griffin Stone M05crop & Co o44fftFEDLcIm[4Nys®TEPEDAut1T
Docu8ign Envelope ID.. A4BA1 C2E-4E9A4A8C-95C&qOD1 D84C4BA7 PRISON FELLOWSHIP (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 'Volunt&8r engag8d' PF will be mobilised through a co-created and highly consultatlV8 organisation. Structures, processes and competence will be present in PF that enable leedership opportunities for Ihose who want them. 'Sustalnable and resourced, PF will have the people, finance and prayer support it requires to confidently deliver its mission and goals. 'Excellent, lean and connected. PF will have a staff team who operdte effective prosseS that equip and suppcrt volunteers to deliver PF'S mission with eas8. There is unity and fre&flDwing communication between individual volunteers, PF groups, staff and trustees. Relationships are constructiV8, Int8rdependent and supportive of others fulfilling their ministry to prisoners. PF'S work is recognised by stakeholders as high quality and its expenditure 15 appropriate for ils size and donor profile, In 2025126 the next three-year strategic direction will be developed, with the following priorities.. 1. Recovery and rebuilding: Following the un8xpect8d change in a key programme, we will continue to rebuild momentum in finance, fundraising and volunteer engagement. 2. Opportunities to expand provision: As a credibl8 organisation with over 45 y@ars Of experi8nc8, thgre are significant opportunities to expand support for people in the criminal justice system, which we will ensur8 W8 8re POSltioned to respond to. 3. Natlonal reach: Maintaining a national reach across prisons in England and Wales is vital for the organisalion's influence and position 8s a leading prison ministry. 4. Equlpping the Chur¢h: The organisation will focus on equipping, empowering, and mobilising the Church for prison ministry, embedding this iclentily into its messaging and strategies to grow both its impact and resources. Advocacy: Developing a prophetic voice around justice and restoration offers an opportunity to grow impact by both mobilising the Church in its ministry and influencing change within the criminal justice system. 6. Organlsatlonal culture: Continuing to invest in and uphold a strong, healthy, prayerful culture. Approved by order of the members of th6 board of Trustees on 23 November 2025 and signed on their behalf by Pet8r Harlock Chair Page 10 Griffin Stone Moscrop & Co cHIAccNwT5IREGTC.R>AuDITO
Docuslgn Envelope ID.. A4BAIC2E-4E9A4A8C-95CB-10D1D84C4BA7 PRISON FELLQWSHIP (A company Ilmlted by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF PRISON FELLOWSHIP Oplnlon We have audited the financial stat8m8nts of Prison Fellowship Ilhe 'charitable company) for the year ended 31 March 2025 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and th8 r8lated nolgs, including a summary of significant accounting policies. The financial reporting framework that has been applied in th6ir prsparation is applic8bl8 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 cur opinion the financial statements,. give a true and fair view of the slate of the charitable company's affairs as al 31 March 2025 and of its inGoming resources and application of resources, including its income and expenditure for the year then ended,, have been properly pr8par8d in accordance with United Kingdom Generally Accepled Accounting PractiC8,' and have been prepared in accordance with the requirements ofthe Companie5 Act 2006. Basis for opinion We conducted our audit in accordance with International Stsndards on Auditing {UK} (ISAS (UK)) and applicable law. Our r8sponsibilili8s under thos8 standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We 8re independent of the charit8ble company in accordance with the ethical r8quirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements, We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relatlng to golng concem In auditing the financial st8tem8nt$, 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 wcrk we have perfomied, we have not identified any material uncertainties relaling to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are aulhorised for issue. Our responsibilities and the responsibilities of the Truste6s with respect to going concern are described in the relevant sections of this report. Page11 Griffin Stone Moscrop & Co CHTERED[cOUNT415&PL.15TEFEDAT(1l5
Docusign Envelope ID., A4BA1 C2E-4E9A4A8C-95CB-IOD1 D84C4BA7 PRISON FELLOWSHIP (A company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF PRISON FELLOWSHIP (CONTINUED} Other Informatlon The other information comprises th8 information included in the Annual r8POrt other than the financial statements and our Auditors, r8POrt thereon, The Trustees ar6 responsible for the other information contained Mthin the Annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otheNise explicitly stated in our report, we do not express any fomi of assuran conclusion thereon. Our responsibility is lo read the other information and, in doing so, consider whether the other information is mat@rially inconsistent with the financial statements or our knowledge obtained in th8 course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we ar8 rèquired lo detemine whether this giv8s rise to a material misstat8ment in the financial stat6ments themselves. If, based on thg work w6 have performed, we conclude that there is a material misstatement of this other information, w8 are required to report that fact. We hav8 nothing to report in this regard. Opinlon on other matters prescrlbed by the Companies Act 2006 In our oplnion, based on the work undertaken in the course Of the audit: the information given in the Trustees, report for the financial year for which the financial statements are prepared is consistent with the financial statements. the Truste8s' report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exceptlon In the light of our knowledge and underslanding of the charitable company and its environment obtained in the course ofthe audit, we hav8 not identified material misstatements in the Trustees, report. We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to ycu if, in our opinion.. adequate accounting records have not been kept, or relurns adequate for our audit have not been rec8ived from branches not visited by us., or the financial slatem8nts are not in agreement with the accounting record5 and returns. or certain disclosures of Trustees, r8muneration specified by law are not made, or we have not received all the infomiation and explanations we require for our audit. or the Trustees were not entitled to prepare the finsncial statèments in accordance with the srrall compani68 regim8 and take advantage of the small companies, exemptions in preparing th8 Trustees, report and from the requirement to prepare a Strategic report. Page 12 Griffln Stone Moscrop & Co CNknT&D1WLTthNTS1REGTEFjEDAUQl
Docusign Envelope ID.. A4BA1 C2E-4E9A4A8C-95CB-10D1 D84C4BA7 PRISON FELLOWSHIP (A company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF PRISON FELLOWSHIP (CONTINUED} R8sponsibllltle8 of trustees As explained more fully in the Trustees, responsibilities statement, the Trustees {who are also the directors of the charitable company for the purposes of company law) are r8sponsible for the preparation of the financial slatements and for being satisfied that th8y give a true 8nd fair view, and for such internal control as the Trustees det8miine is necessary lo enable the preparation of financial statements that ar& free from material misstatement, whether due to fraud or error. In preparing th8 financial statements, the Trustees are responsible for ass@ssing the charitable companvs ability to continue as a going concem, disclosing, as applicable, matters related to going concern and using the going oncern basis of accounting unless the Trustees either intend to liquidate the charitable company or to coas6 operations, or hav6 no realistic alternative but to do so. Page 13 Griflin Stone Moscrop & Co C41EREDA[cciTrITiNT5KftEGTEmAuxT
Docusign Envelope ID- A4BAIC2E-4E9A-4ASC-95CB-1 OD1D84C4BA7 PRISON FELLOWSHIP (A company limited by guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF PRISON FELLOWSHIP (CONTINUED) AuditOTS' responslbllities for Ihe audit of tha flnancial statements Our objectivgs are to oblain reasonable assurance about whether the financial statements as a whole are free from material misst8tement, whether due lo fraud or error, and to issue an Audilors, report that includ8s our opinion. Reasonabl& assuranc8 is a high level of assuran, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a malerial misstatement when it exists. Misstatements arise from fraud or error and are considered mat8rial if, individually cr in the aggregate, they Could reasonably be expected to influenc8 tha economic d8cisions of users taken on the basis of thes& financial statements. Irregulsrities, including fraud, are inslance8 of non-compliance with laws and regulations. We design proc8dures In line wilh our rgspon8ibilit18s, Outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of det8Cting irregularities, including fraud is delailed below.. carrying out substantive checking to supporting documents cn a sampl& basis of individual transactions within income and expenditure to give comfort that on 8 sample basis the SOFA d08s not contain any irregular items. carrying out walk-through testing lo verify that the charity's accounting systems and control8 are b8ing imp5emented as designed., and V8rifying that mat8rial balances within the Balance Sheet ar8 SUPPOrted by third party evidence to confirm th8 8XiStence and valuation ¢f these balan¢88 al the balanc8 sheet date. As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also.. Identify and assess the risks of material misstatement ofthe financial statements, whether due to fraud or error, design and perform audit procedure5 responsive to Ihose risks. and obtsin audit evidence that is sufficient and appropriate to provid8 a basis for cur opinion, The risk of not d8tecting a material misstatement resulting from fraud is higher than for on& resulting from error, as fraud may involve collusion, forg8ry, intentional omissions, misrepresenlations, or the override of inlemal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion of the effectiveness of the charitable company's internal control. Evaluale the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Trustees. Conclude on the appropriateness of the Tru8lees' use of the going concern basis of accounting and, ba$ed on the audit 8vid8nce obtained, whether a material un¢8rtainty exists related to events or conditions that may cast significant doubt on the charitable company's ability to continue as a going concem. If we conclude that a material untsrtainty exists, we are required to draw attention in our Auditors, report to th8 related disclosures in the financial statements or, if such disclosures are inad8quate, to modify our opinion. Our conclusions are based on the audit 8vidence obtained up to the dat8 of our Auditors, repori. However, future events or condition8 may cause the charitable company to cease to continue as a going concern. Evaluate the overall presentation, structur6 and content of the financial slatemenls, including the disclosures, and whether the financial statements represent the underlying Iransactions and events in 8 manner that achieves fair presentation. We communicate with those charged with governance regarding, among c)th8r matters. the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Page 14 Griffin Stone Moscrop & Co (HARTEDCc0LF4MSRÉtsSTMDALIxTOS
Docuslgn Envalopa ID: A4BA1C2E4E9A-4A8C-95CB.1 ODID84G48A7 PRISON F.ELLOWSHIP (A company Ilmtied by guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF PRISON FELLOWSHIP (CONTINUED Use of our report This report is made solely to the charitab16 company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2008. Our audit work has been undertaken so that we might stale to the charitable company's members those matters we are required to slate to them in an Auditors, report and for no other purpose, To the fullest exlent permitted by law, we do not accept or assume responslbility to anyone other than the charitabl8 company and its members, as a body, for our audit work, for this report, or for the opinions we have formed. Robert Smlth (Senlor statutory auditor) for and on behalf of Griffin Stone Moscrop & Co Chartered Accountants statutory Audilors 21-27 Lamb's Conduit street London WC1 N 3GS Date: Page 15 Griff in Stone M05crop & Co HARTERFDll£CDUhltAhn&PEfjSTERFDAUDmFS
Docuslgn EnvelDP& ID.. A4BA1 G2E4Eg4A8G.95cB.lOl D64C4BA7 PRISON FELLOWSHIP (A company limlted by guarantee) STATEMENT OF FINANCIAL ACTIVITIES {INCORPORATING INCOME AND EXPENDITURE ACCOUNT} FOR THE YEAR ENDED 31 MARCH 2025 Reslrlcted Unrestrlcted funds funds 2025 2025 Total funds 2025 Total funds 2Q24 Note Income from: Donations and legacies Charitable activities Investments 236A88 569,893 10,132 24,831 806,381 qO,132 24,831 697,733 10,000 26,222 Total Income 236,488 604,856 841,344 733,955 Expendllure on.. Raising funds Charitable actlvities 125,668 357,947 125,668 650,263 100,948 661,707 292,316 Total expendlture 292,316 483,615 775,931 762,655 N8t movement In funds (55,8281 121,241 65,413 (28,700} Reconciliation of funds: Totsl funds brought forward Net movement in funds 203,163 165,828) 527,829 121,241 730,992 65,413 759,692 128,700) Total funds carrled foThvard 147,335 649,070 796,405 730,992 The Statement of financial activities includes all gains and losses recognised in the year. The notes on pages 19 to 33 form part of these financial statement5. Page 16 GrifPin Stone Moscrop & Co cHARrEREDPCCCUqTJwftEGSTETrEDALtTc
Docusign Envelope ID.. A4BA1C2E4EgA-4A8C-95CB-10D1D84C4BA7 PRISON FELLOWSHIP (A company Ilmlted by guarantee) REGISTERED NUMBER" 05003795 BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Flxed assets Tangible assets 12 3,447 4.270 3,447 4,270 Current assets D@btors Cash at bank and in hand 13 23,998 870,136 25,615 793,70S 894,134 819,321 Current liabilities Creditors., amounts falling due wtthin one year 14 (101,1761 (92,5991 Net currant assets 792,958 726,722 Total assets less current liabllities 796,405 730,992 Total net assets 796A05 730,992 Charlty funds Restricted funds Unrestricted funds 16 16 147,335 649,070 203,163 527,829 Total funds 796,405 730,992 The Trustees acknowledge their r8sponsibilitie5 for complying with the requirements of the Act with respect lo accounting records and pr8paration of financial statemenls. The financial slatements have been prepared in accordance with the provisions applicable to entities subjecl to the small companies regime. The financial statements were approved and aulhorised for issue by the Trustees and signed on their behalf by.. PdLV E¥aAècL Peter Harlock Chair Date.. 23 November 2025 Phlilp Miller Treasurer The notes on pages 19 to 33 fom part of these financial stat8ments. Page 17 Gtlffln Stone Moscrop & Co CPL4jmfDpcwufAPEfdSÈDAUpP5
Docuslgn Envelope ID.. A4BA1C2E.4E9&4A8C-95C&10D1 D84C4BA7 PRISON FELLOWSHIP (A company limited by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Cash flows from operatlng actlvities Net cash used in operating activtties 52,858 17,D50 Cash flows from investlng actlvltles Dividends, int8r8Sts and rents from investments Purchase of tangible red assets 24,831 11,069) 26,222 (5,3051 Net cash provided by investing activities 23,772 20,917 Cash flows from flnancing activities Net cash provided by financing activities Change In cash and cash equlvalents in the year Cash and cash equivalents at the beginning ofthe year 76,430 37,967 793,706 755,739 Cash and cash equlvalents at the end of the year 870,138 793,708 The not8s on pages 19 to 33 form part of these financial statements Page 18 Griffin Stone Moscrop & Co cHARTEDIlTrn&KÈGttÈREDAuDUs
Docusign Envelope ID: A4BA1C2E-4EgA4A8C-95CB-IOD1D84C4BA7 PRISON FELLOWSHIP {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 General Information Prison Fellowship is a registered charity with the Charity Commission for England & Wales (charity number.. 1102254) and a private company limited by guarantee, incorporated in England and Wales (company numb&r.' 05003795). The principal place of business can be found on the refer8nce and administrative details page. Accounting policies 2.1 Basis of preparation of financlal statements The financial statem8nts have been prepar8d In accordance with the Charities SORP (FRS 102) Accounting and Reporting by Ch8rities.' Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ir81and (FRS 102) <effectiv& 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102} and the Compani8s Act 2006. Prison Fellowship mgets th8 definition of a public b8nefil entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othewise stated in the rel8vant accounting policy. 2.2 Income All income is cOgnIsd once the Company has entitlement to the income, it is probable that th8 income will be raceived and the amount of income receivable can be measured reliably. Donations, together with any associated income tax recovery, are reccgnised when the donation is rac&ived. Legacies are included when the charity is entitled to the funds. Wher8 valuation of leg8¢188 cannot be readily detemiined at the year end, in the case of unsold property or shares, the facts are disclosed as a note to the accounts and the income recognised when the valuation becomes available. 2.3 Expendltur6 Expenditure on operational programmes is recognised in the period in which it is incurred. Grants payable to partner organisations for projects ar8 included in the Statement cf Financial Activities when approved by lh8 Trustees. Expenditure on raising funds includes the salaries and relaled on-costs of the staff who promote fund-raising- and direct 8xpenditure on fund-raising initiatives. Expenditure on charitable activities is incurred on directly und6rtaking the activities which further the Company's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.4 Intarest receivable Interest on funds held on d8POSIt is included when r8ceivable and the amount can be measured reliably by the Company, this is normally upon notification of the interest paid or payable by the institulion with whom the funds are deposited. Pag6 19 Griff in Stone M05crop & Co cHAfffEREDPECOUWTS&REfS[EAE0UDks
Docu8lgn Envelope ID., A4BA1 C2E-4E9A4A8C-95CB-10D1 D84C4BA7 PRISON FELLOWSHIP (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollclos {Gontinued} 2.5 Tanglbl8 fJx8d assets and d6preclation Tangible fixéd assets costing £500 or more are capitalised and recognised wh8n future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets ara initially r8cognised at cost. After recognition, und6r the cosl model, tangible fix8d assets ar8 measured at cost less accumulated depreciation and any accumulated impalrment losse5. All costs incurred to bring a tangibl8 fixed asset into its intended working condition should be included in the measur8ment of cosl. Depreciation is charged so as to allo¢at8 the cost of tangible fixed assets less their residual valu8 over their estimated us8ful lives, using the straight-line method. Depreciation Is provided on the following basis.. Office equipment 2.6 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discount8 du8. 2.7 Cash at bank and In hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three monlhs or less from the date of acquisition or opening of the deposit or similar account. 2.8 Llablliti08 and provisions Liabilities are recognis8d when thgre is an obligation at the Balance sheet date as a r8suIt of a past event, it is probable that a transf8r of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabililie8 are recognised at the amount that the Company anticipates it will pay to settle fhe debt or th8 amount it has received as advan paym6nts for the goods or services it must provide. Provisions are measured at the best estimate of the amounts r8quired to Sett18 the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to th8 liability. The unwinding of th8 discount is recognised in the Statement of financial activities as a finance cost. 2.9 Financial Instruments Thè Company only has financial assets and financial Siabiliti88 of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subs8quently measured at their settlem8nl value with the exception cf bank loans which are subsequently measured at amortised cost using the effective interest method. Page 20 Griffin Stone Moscrop & Co CH#ATBlEOcOLwrASRG5T[EDAuD
Docvsign Envelope ID: A4BA1C2E-4E9A-4A8C-95CB-10DID84C4BA7 PRISON FELLOWSHIP (A Gompany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles {contlnued) 2.10 Penslons The Company opgrates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company to the fund in respect of th6 year. 2.11 Fund accountlng General funds are unrestricted funds which are avai18ble for us8 at the discretion of the Trustees in furtherance of the general objectives of tha Company and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have b8en raised by the Company for particular purposes. Th8 Costs of raising and 8dministering such funds are charged against the specific fund. The aim and use of each restricted funcl is set out in the notes to th8 financial stal8m&nts. Investment Income, galns and losses are allocated to the appropriate fund. Page 21 Griffin Stone Nascrop & Co cl.[[.}CCNT1NT5&REfj5IEDAUD1To5
Docusign Envelope ID.. A4BA1 G2E-4E9A.4A8C-95CB-10D1 D84C4BA7 PRISON FELLOWSHIP (A company limit8d by guarant88) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Incoma from donations and legacles Rastricted Unrestricted funds funds 2025 2025 Total funds 2025 Donations Legacies Grants from charitable trustees & partn8r bodies Police Crime Commissioner 122,109 271,504 216,S37 77.602 4,150 393,613 216,637 191,981 4,150 114,379 Total 2025 236,488 569,893 806,381 Restricted Unrestricted funds funds 2024 2024 Total funds 2024 Donations Legacie5 Grants from charitable trustees & partner bodi8s Police Crime Commissioner 159,465 263,193 80,075 99,383 422,658 60,075 212,754 2,246 113,371 2,246 Total 2024 275,082 422,651 697,733 Income from charitable activiti88 Unrestrictèd funds 2025 Total funds 2025 Sycamore Tre8 courses 10,132 10,132 Total 2025 10,132 10,132 Page 22 Griffin stone Moscrop & Co CHAtEEDACC(ljm[&&pr.GIErDAlxTe
Docusign Envelope ID.. A4BA1C2E-4EgA-4A8C-95CB-10D1 D84C4BA7 PRISON FELLOWSHIP (A company1Smited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025. Income from charitable actlvitles {contlnued) Unrestrict8d funds 2024 Total funds 2024 Sycamore Tree courses 10,000 10,000 Total 2024 10,000 10,000 Inveslment Income Unrestrlcted funds 2025 Total funds 2025 D8POSit account inlerest 24,831 24,831 Total 2026 24,831 24,831 Unrestricted funds 2024 Total funds 2024 Deposit account int8r8St 26,222 26,222 Total 2024 26,222 26,222 Page 23 Grlffln Stone Mogcrop & Co CklTEREDufiN&F£&SrfREDAS
Docuslgn Envelope ID.. A4BA1C2E.4E9A4A8C-95CB-10DID84C4BA7 PRISON FELLOWSHIP (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 tVlARCH 2025 Expendltur8 on raising fund8 Costs of ralsing voluntary incom8 Unr88tricted funds 2025 Total funds 2025 Staff costs and consultancy fees Other direct costs 86,379 39,289 86,379 39,289 Total 2025 125,668 125,668 Unrestricted funds 2024 Total funds 2024 staff costs and consultancy faes Other direct costs 70,765 30,183 70,785 30,183 Total 2024 100,948 100,948 Page 24 Grfffin Stone Moscrop & Co CEREDcolN[N7S®TE[A1YCA5
DOSIgn Envalop8 ID.. A4BAIC2E-4E9A.4A8C.gSCB.10D1D84C4BA7 PRISON FELLOWSHIP IA company limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Analysls of expendllure on charitablo actlvltles Summary by fund type Rastrlcted Unrestricted funds funds 2025 2025 Total 2025 Operational Programmes Grants Payable to partner organisation 292,316 357,771 176 650,087 176 Total 2025 292,316 357,947 650,263 Restricted Unrestricted funds funds 2024 2024 Total 2024 Operational Programmes Grants payable to partn8r organisation 283,415 378,216 76 661,631 78 Total 2024 283,415 378,292 861,707 Analysis of expendlture by actlvltleg Activiti88 undertaken directly 2025 Support costs 2025 Total funds 2025 Operational Programmes Granls payablé to partner organisation 642,857 176 7,230 650,087 176 Total 2026 643,033 7,230 650,263 Page 25 Grlffin Stone Moscrop&Co ¢YARtERwKcoufffj4TS&mslEREDAUpRs
Docuslgn Envelope ID: A4BAlC2E4E94A8c-9SCD-1oDlD84C4A7 PRISON FELLOWSHIP (A company limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Analysls of expenditure by actlvltles {continued) Activities undertaken directly 2024 Support costs 2024 Total funds 2024 Op9rational Prograrnmes Grants payabl8 to partner organisation e53,486 76 8,145 661,631 76 Total 2024 653,582 8,145 S1,707 Auditors, remun8ration 2025 2024 Fees payable to the Company's auditor for the audit ofthe Companws annual accounts 6,250 6,250 10. Staff Costs 2025 2024 Wages and salaries Social security costs Contribution to defined contribution p8nsion schemes 396,464 33,600 12,998 404,133 33,925 11,606 443,062 449,664 The average number of persons employed by lh8 Company during the y8ar was as follows: 2025 No. 2024 No. Employees 14 14 Page 26 Grtffin Stone Moscrop & Co cP1RTEREDCCCilfA1RCsyRtD1WTCH15
Docu81gn Envelop& ID.. A4BA1C2E4E9A-4A8C-95CB.10D1 D84C48A7 PRISON FELLOWSHIP (A company Ilmlted by guarantee). NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. Stsff costs (contlnued) The number of employees whose employé8 benefi18 (excluding employer p6nsion costs) exceeded £60,000 was.. 2025 2024 In tha band £80,001- £90.CIOO The key management of personnel of th8 charity, comprise the trust8&s and the CEO. The total 8mploy88 b8nefits of the key manag8m6nt of the charity were £85,442 (2024,, £97,751). 11. Trustees, remuneration and expensas During the year, no Trustees received any remuneration or other benefits (2024 - £NIL). During th& year ended 31 March 2025, expenses totalling £201 were reimburs8d or paid directly to 2 Trustees12024 - £35 to 1 Trustee}. Page 27 Griffin Stone Moscrop & Co CHAKrEACCuJNTNsREGBlERUD[[0%
Docuslgn Envelope10: A4BA1C2E4E9A-4A8C-95CB-10D1D84C4BA7 PRISON FELLOWSHIP (A company Ilmlted by guarant80) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12. Tanglbla flxed ass8ts Offlce equipment Cost or valuatlon At 1 April 2024 Additions 82,231 1,059 At 31 March 2025 83,290 Depreclatlon At 1 April 2024 Charge for the year 77,961 1,882 At 31 March 2025 79,843 Net book value Al 31 March 2025 3,447 At 31 March 2024 4,270 13. Debtors 2025 2024 Duè wlthln one year Trade debtors Prepayments Tax recoverable 7,087 16,085 2,463 21,024 2,974 23,998 25,615 Page 28 Grlffin Stone Moscrop & Co (H4*TFgEDXtaNTTSSEGBIEEDA1xXT
Docuslgn Env8lopa ID.. A4BA1 G2E-4E9A-4A8C-95C&IOD1 D84C4BA7 PRISON FELLOWSHIP (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 14. Creditors: Amounts falllng due within on8 year 2025 2024 Trade creditors other taxation and social security Othar craditors Accruals and deferred income 7,511 8,615 68,841 26,209 11,165 11,2e2 47,883 22,289 101.176 92,599 15. Flnanclal Instruments 2025 2024 Financial assets Financial assets maasured at fair value through income and expenditure 870,138 793,706 Financial assets me8sur8d at fair value through income and expenditure compri88 cash at bank and in hand. Page 29 Grlffin Stone Moscrop & Co t4mr..RFDKCOUNIAW&FfaST&&DAuDm
Docu81gn Envèlope ID.. A4BA1C2E4E94A6C-gSc9-1 OD1 D84C4BA7 PRISON FELLOWSHIP (A company limlted by guarantè8} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 16. Statemont of funds statement of funds- current year Balance at 31 March 2025 Balanc8 at 1 AprS12024 Income Expenditure Unrestrlcted funds Genaral Funds 527,829 604,856 1483,615> 649,070 Restricted funds Angel Tree, held c8ntrally Sycamore Tree courses g8nerally, held C8ntrally Sycamore Tree courses al specific prisons, held centrally Volunteer Development oth6r group5 funds, held by regional groups Angel Tr8e, held by regional groups 73,053 98,503 {142,040} 29,5q8 39.665 139,665) 15,143 23,051 40,476 51 N40 50.016 910 18,796 28,598 (41,308) (23,961) {14,913) {30,4291 23,851 44,359 49,609 203.163 236,488 (292,3161 147,335 Total of funds 730,992 841,344 1775,931) 796,405 Page 30 Grfffin Stone Moscrop & Co CHARtERE0cOurAhfts&GIS1rREDAUD[FO
Do¢usign Envelope ID.. A4BAIC2E4E9A-4A8C-95CB-10D1D84C4BA7 PRISON FELLOWSHIP {A company limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 WIARCH 2025 16. Ststement of funds Icontlnuedl Statemant of funds - prior year Balance at 31 March 2024 Balance at 1 April 2023 Income Expenditure Unr8Stricted funds General Funds 548,1S6 458,873 (479,240> 527,829 Restricted funds Ang81 Tree, held centrally Sycamore Tree courses generally, held centrally Sycamore Tree courses at specific prisons, held centrally Volunteer Development Other groups funds, held by regional group8 Angel Tree, held by regional groups 86,350 100,595 {113,892} 73,053 50,207 (50,207) 19,479 23,Q51 33,243 49,373 25,354 43,116 24,189 31,621 {29,690} {43,116) (16,956) (29,554} 15,143 23,051 40,476 51,440 211,496 275,082 (283,415) 203,163 Total of funds 759,692 733,955 (762,6551 730,992 Angel Tree Angel Tree providey Christmas pres8nts for the children of prisoners, thus helping family links lo be maintained. Angel free funds held centrally - This fund repres8nts Angel Tree monies held by PF central office. Angel free funds held by locally - This fund represents Angel TrG& monies held by PF local groups. Sycamore Tree courses - Sycamore Tre9 courses are accredited programmes for prison8rs on victim awareness and restorative justice. These funds represent donations that have been provided specifically to fund these courses., either across the sector, or in specific prisons or groups of prisons. Other funds held by Local Groups This represents balances held by local Priso)n Fellowship groups operating throughout England and Wales, for local Prison F811owship related activities. Page 31 Grlffin Stone Moscrop & Co CHARIEPEQ>P£CMMtANfS&K.GISTDlAUD
Docusign Envelope ID.. A48AIC2E.4E9A-4A8C-96CB-1 OD1D84C4BA7 PRISON FELLOWSHIP {A company limit8d by guarant8e) , NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 17. Analysls of net assels between funds Analysis of net asséts b6twaen funds- current year Restrlcted Unrestrlcted funds funds 2025 2025 Total funds 2025 Tangibl& fixed assets Current assets Credllors due within one year 3,447 3,447 746,799 894,134 (101,1761 {101,176} 147,335 Total 147,335 649,070 796,405 18. Reconclllation of net movement in funds to nat cash flow from operatlng actlvlti88 2025 2024 Net incomelexpenditur8 for the yèar (as per Statefnent of Financial Adivities) 65,413 (28,7001 Adjustments for: Depreciation charges Dividends, interests and rents from investments Decrease in debtors Increase in creditors 1,882 124,831} 1,617 8,577 2,545 (26,222) 53,065 16,362 Net cash provlded by operating actlvltles 52,658 17,050 19. Analysls of cash and cash aqulvalents 2025 2024 Cash in hand 870,136 793,706 Total cash and cash equlvalents 870,136 793,706 Page 32 Griffin Stone Moscrop & Co CWEFEDACICU4TANTS®ISTEREDAUtYTO
Docuslgn Envelope ID.. A4BAI c2E4E9A4A8c-95Cl OD1 D84C4BA7 PRISON FELLOWSHIP IA company limited by guarantse) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 20. Analysis of changes in net debt At 1 April 2024 Cash flows At 31 March 2025 Cash at bank and in hand 793,706 76,430 870,136 793,706 76,430 870,136 21. Pension commltments The group operates a d8fined contribution pension scheme. The a658ts of the scheme are held separately from those of the group in an independentty administered fund. The pension cost charg8 represents contributions payable by the group to the fund and amounted to £12,998 (2024 £11,806)- No amounts were payable to the fund at the balance sheel date. 22. Operatlng 18ase commitm8nts Al 31 March 2025 the Company had commilments to make future minimum lease paymants under non- cancellable op8rating leases as follow5.. 2025 2024 Not lal8r than 1 year Later than 1 year and not later than 5 years 8,617 1,901 20,389 3,422 10,518 23,811 23. Related party transactlons The charity received total donations of £5,434 {2024- £5,070) from the trustees during the year, Page 33 Griffin Stone Moscrop & Co (PipATEDIcQUNwN*PE5[FHEAuDR5