Charity Reglstratlon No. 1107013 FORUM CIO ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Fawley Judge & Easton Chartered Certified Accountants 1 Parllament Street Hull East Yorkshire HU1 2AS FORUM CIO LEGAL AND ADMINISTRATIVE INFORMATION Trustees P Van Der Zande K Stevenson Ms P Oluotch Ms C Bishop Charity number (England and Wales) 1107013 Auditor Fawley Judge & Easton Chartered Certified Accountants 1 Parliament Street Hull Easl Yorkshire HU12AS FORUM CIO CONTENTS Page Trustees, report Statement of Trustees, responsibilities Independent auditorfs report Statement of financial activities Balance sheet 10 Stalement of cash flows 11 Notes to the financial statements 12-22 FORUM CIO TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the ChaTtties Act 2011 and "Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their arLounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (Èffective 1 January 2019>" Objèctives and actlvities Forum's charitable objectives are.. To promote any Gharilable purpose ft)r the benefit of the cornmunity in North Yortshire, South Yorkshire. West Yothshire, the East Riding of Yothshirg and ￿ngs1On Upon Hull, North Lincolnshire and North East Linoolnshirg (hereinafter called 'th8 area of benefit), and in particular the protection of health, and th8 relief of poverty, distress and sickness. In the furtheranco of these pupos&s, to promote and organise co-operation in achigving them, and to bring together repr9sontatives of voluntary organisations and statutory authorities within the area of benefit. The Truslees have had due regard to the Charity Commission's general guidan￿ on public benefit when reviewing Forum's aims and objectives and when planning futurè activities. Forum works to raise the profile of Ihe voluntary and community seclor (VCS) at all levels and to promote the benefits of engaging with marginalised and disadvantaged communities. All Forum's projects and initiatives are designed to benefit the users, volunteers and employees of our member organisations and the communities within our area of benefit. We work on behalf of more than 300 heallh and social care organisations across Yorkshire and Ihe Humber region. Forum seeks to ensure that: The independent voice of the not-for-profit sector is heard by key public sector decision-makers and funders. Our member organis31ions, and Ihe communities we support, have the informalion, knowledge, skills and resources to shape, influence and deliver services. Strong and positive working relationships are promoted across the sector and with statutory partners. The views of communities, members of the public and people with lived experien¢e are central to Ihe development, design. delivery and review of local services. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what adimlies the Gharily should undertake. FORUM CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charitable Activitles During the year, Forum delivered a broad range of projects across our three main areas of work.. 1. Supportlng the voluntary and community sector Providing govemance, funding, partnership, and safeguarding support. as well as strategic representation.. Calderdale VSI Alliance, funded by Calderdale Metropolitan Borough Council and Calderdale Cares Partnership. This project concluded on 31 March 2025, marking the successful completion of FoNJm's longest-running initiative. Sector Support North East Lincolnshire, funded by North East Lincolnshire Council and the North East Lincolnshire Hèalth and Care Partnership. Sector Connect Hull, funded by Hull City Council and delivered in partnership with Hull CVS. Facilitation of the Hull VCSE Assembly and North East Llncolnshire Forum, providing regular engagemenl opporlunities for a diverse range of VCS organisations. 2. Connecting people to community-based activities Working in a person-centred way io help people find local activities that improve their heallh and wellbeing: Community Navlgation Icltywide social prescriblng programme), funded by Hull Clty Council, including management of the Live Well Hull Community Directory. Primary Care Social Prescribing Link Worker Service. operating across the Acdaim and Haxby Prlmary Care NeI￿orkS in Hull. 3. Engaging people and communities In Service design Gathering insight and co-producing solutions that improve local services.. Hull Poverty Truth CommlssSon, funded by Hull City Council, bringing together people with lived experience of poverty with civic and business leaders. Community Engagement, including winter planning support, Povety Partnership facilitation. mental health engagement, and Sport England consultation. Communlty Inclusion Project. funded by Hull City Council through MHCLG, supportlng participation and inclusion acros5 Communities. Lived Experience Project, commissioned through the Council's Changing Futures programme (MHCLG- funded), 5UPPOrting pèople with multiple unmet needs. Other key work: Humber and North Yorkshire Health and Care Partnership VCSE Collaborative, ensuring local VCS representation in regional health and care syslems. Administration and management of stratsgic grant programmes for VCS organisations. Support for the Settling In Sep41ce (Hospital Discharge Programme), facilitating effective patient discharge through Goordinated voluntary sector support. Delivery of core seNlce$ including regular e-bulletins and briefings on local, ￿gIonal and national issues, Volunteers Across all its projects, Forum supports hundreds of voluntary organisations, and recognises the invaluable contribution of volunteers across our member groups. Thèir commitment underpins the delivery and success of many ofthe projects we support. FORUM CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achievements and perfomianGe 2024-25 wag a year of growth, Gollaboratton, and consolidation for Forum. Key achievements include.. Openlng of our new premises at Princes Quay IForum@PQ} which is now fully operational as a vibrant hub for our own proje￿8 and the wider sector, hosting Hull's VCSE Assembly and offering spa¢e for m66tings, training and community évents. Successful delivery of the Poverty Truth Commisslon 'Awakenlng Evenv (July 2024), celebrating the achievemenls of commissioners and amplifying Ihe voices of those with lived experience of povety. 'Power of Voice, storytelling event {January 2025} - Forum's first fully co-produced event wrth people with lived experience of multiple unmel need. Representation on the Hull Safeguarding Children Executive Board, and speaking at the "Working Together lo Safeguard Children" annual conference, making Hull one of th6 few areas nationally wilh VCSE representation at this level. Joint VCSE Assembly with Hull CVS and Ihe Smile Foundation, fostering collaboration be￿een Hull and East Riding organisations on integrated neighbourhood health planning. Coordination of the community response to the civil unrest in Hull (summer 2024), with the Community Inclusion team playing a vilal role in local recovery and reassurance. Recommissioning and contract extensions for several key projecls, including Community Navigation and Sector Support North East ￿ncolnshIr￿, securing conlinued stability for frontline services. Professional development achievements, with staff in North Easl Lincolnshire gaining a C8rtifi¢8le in Chanty GovemanGe from the Chartered Govemance Institute. Development of Forum's first CPD•accredited Safeguarding Tralning Course, enhancing local capacity for good governance and practice. Creatlon of digital media content, including videos showcasing the impact Forum's is able to facilitate through its partnerships, and importanuy a range of community stories which otherwise may go unlold. These achievements colleclively strengthened Forum's visibility. reach, and credibility as a trusted partner in health and social care Iransfomalion across Yorkshir8 and the Humber. Internal and Extemal Factors Like many voluntary and communily organisations, Forum continues to navigate a dynamiG and evolving funding environment against rising operational costs. The continued shift towards partnershipbased commissioning and inlegraled health and care delivery presents both challenges and opportunities. Forum's focu5 remain5 ors sustainable growth, effective partnership working, and ensurlng that the voices of our communities inform local priorities. The Trustees and staff actively review emerging policy developments, these include the Yorkshire devolution agenda and NHS integration frameworks to identify futur8 Opportunities aligned with Forum's strategic objeclives. Administration Forum continuously reviews its governance, adminislrative and operational processes to ensure efficiency, compliance and good practice. Ovèr the past year, several Standard Operating Procedures have been introduced to strengthen internal controls and staff guidance. We continue lo uphold the ethos and princ¢p16s of both the Mindful Employer and Fundraising Standards Board, ensuring that our work reflects integrrty, inclusivity and respecl. Forum employed 31 staff during the year, based across our offices in Hull (Lowgate House and Princes Quay), Grimsby {Cenlre4) and Halifax (The Resource Centre). The development of Forum@PQ has been a significant milestone, providing a visible and accessible base for the Community Navigation Service and a valuable meeting space for partners and the wider sector. FORUM CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Financlal revlew It is Forum's policy to maintain unrestricted reserves at a level equivalent to be￿een three and six months, expenditure. During 202Ak25, unrestricted income increased while restricted income decreased, reflecting the natufal cycle of grant-funded project delivery and the completion of major long-term programmes. Free reserves at year-end stood at £455,659, equivalent to just under three monlhs, running cosls, representing a modest reduction from the previous year. The Trustees consider this an appropriate and prudent level to maintain operational stability and manage unforeseen financial risks. Resèrves are reviewed quarterly by the Trustee5 to ensure alignment wilh policy and lo enable reinvestment in new Services where there is demonstrable community need. Principal funding sources The charity's principal funding sources during the year included.. Calderdale Metropolitan Borough Council and Calderdale Cares Partnership Hull City Council and Hull Health and Care Partnership North East Lincolnshire Council and North East Lincolnshire Health and Care Partnership West Yorkshire Combined Authorily NHS England Humbèr and North Yorkshire Health and Care Partnership Acclaim and Haxby Primary Care Ne￿orkS (Hull) The Trustees regularly review funding streams and monitor associated risks through the organisalional Risk Register and Business Continuity Plan. both of which were updated and approved during the year. Plans for future perlods Looking ahead, Forum aims to build on its strong foundalions and sector leadership. Planned priorilies inciude.. Engaging proactively in opportunities arising from the Hull and East Riding and Greater Llncolnshire Devolution Deals. Building on our lived experlence and trauma-infomied practice work, ensuring community voices continue lo shape service design. Developing and supporting delivery collaboratlve$ to strengthen integrated service models acr055 health and social care. Working towards the aim5 and outcomes of Hull's Community Plan, helping communities acces5 and benefit from new funding and partnership opportunities across the city Delivering Phase Two of Hull's Poverty Truth Commission, wilh a renewed focus on lackling health inequalities and systemic barriers to wellbeing. Structure, governance and management Forum is a Charitable Incorporated organi5ation. It is a registered charity in England and Wales, registration number 1107013. The governing document 15 a constitution. The Chief Officer and his staff report to the Trustees through discussions and written reports at meetings held on quarterly basis. FORUM CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees who served duTing the year and up to the date of signature of the financial statements were.. Mr S Alltoft MST ALamb P Van Der Zande K Stevenson Ms P Oluotch Ms C Bishop (Resigned 1 January 2025} (Resigned 1 January 2025) Trustee Recruitment and Induction Trustees are generally appoinled from within Forum's membership and are elected by members. Where addltional expertise is required, Trustees may be co-opted Ihrough an open recruitment process and formally ralified by Ihe Board or al theAGM. Auditor In accordance with the charity's constitution, the appointment of an auditor will be ratified at the Annual General Meeting. Related parties Given Forum's represenlative nature, Trustees are often connected with member organisalions. All transaclions with member organisations ale conducted transparently and in accordan￿ with the charity's Conflict of Interest Policy. The Trustees. report was appr ed by the Board ofTwslees. Ms C Bishop Trustee 27 November 2025 FORUM CIO STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees are rèsponsible for preparing the Trustees, Report and the financial statemènts in accordance with applicable law and United Kingdorn Accounting Standards {United Kingdom Generally Accepted A￿ountIng Practice), The law applicable to Charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the charity and of the incoming resour¢e5 and application of resources of the charity for Ihal year. In preparing these financial statements. the Trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent., stale whether applicable accounting standards have been followed, subjecl to any material departures disclosed and explained in the financial statements-, and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeping sufficient accounting reGords that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure thal the financial statemenls comply with the Charities Act 2011, the Charity {Ac¢ounts and Reports) Regulations 2008 and the provisions of Ihe trust deed. They are also responsible for safeguarding the assets of Ihe charity and hen￿ for taking reasonable steps for Ihe prevention and detection of fraud and other irregularities, FORUM CIO INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF FORUM CIO OplnSon We have audited the finanaal statements of Fonjm CIO (the 'charity'} for the year ended 31 March 2025 which comprise the slalement of financial aclivilies, the balance sheet, the stal&ment of cash flows and notes to the financial statements, including significant accounting policie5. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicabl& in the UK and RepubliG of Ireland {United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements.. give a true and fair view of the state of Ihe charity's affairs as al 31 March 2025 and of its incoming resources and application of resources, for the year then ended., have beèn properly prepared in accordance with United Kingdom G8nerally Accepied Accounting Pra¢tice', and have been prepared in accordance with the Charities Act 2011. Basls for oplnlon We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UFQ) and applicable law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial slalements in the UK, including the FRC'S Ethical Slandard, and we have fulfilled our other ethical responsibilities in accordance with Ihese requirements. We believe that the audit eviden￿ we have oblained is sufficient and appropriate to provide a basis for our opinion. Concluslons relating to going concern In audiling the financial stalemenls, we have concluded that the Trustees, use of the going concern basis of acGounling in the preparation of the financial slalements is appropriate. Based on the work we have performèd, we have not idenlified any material uncertainties relating to events or conditions that, individually or collectively. may cast significant doubt on the charity's ability to continue as a going concern for a period of at least ￿e1ve months from when the financial statements are aLrthorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report. other infonnatlon The other information comprises the information included in the annual report other than the financial statements and our auditors report Ihereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other informalion and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in Ihe course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misslatements, we are required to detemiine whether this gives rise to a material misslatement in the financial statements themselves. If, based on the work we have performed, we condude that there is a material misstatement of this other infomation, we are required to report that fact. We have nothing to report in this regard. Matters on which we are requlred to report by exception We have nothing io report in respect of the following matters in relation to which the Charilies (Accounls and Reports) Regulations 2008 requires us to report to you if, in our opinion.. the information given in the financial statements is inconsistent in any material respect with the Trustees, report., or sufficient accounting records have not been kept., or the financial statements are not in agreement with the accounting records., or we have not received all the information and explanations we require for our audit. FORUM CIO INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF FORUM CIO Responsibilitles of Trustees As explained more fully in the stalemenl of Trustees, responsibilities, the Trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary io enable the preparation of financial statements Ihat are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the charity's ability to continue as a going concem, disclosing, as applicable, matters related to going Concern and using the going concern basis of accounting unless the Trustees either intend lo cease operations, or have no realistic alternative bul to do so. Audito￿$ responsibilities for the audit of the financial statsments We have been appointed as auditor under section 144 of the Charities Act 2011 and report in ac￿rdanCe with the A¢1 and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from rnaterial misstatement, whether due to fraud or error, and lo issue an audilor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually OT in the aggregate. they could r8asonably be expected to influence the economic decisions of users taken on the basis of these financial slalements. The extent lo whiGh our procedures are capable of detecting irregularities, including fraud, is detailed below. A further description of our responsibilities is available on the Financial Reporting Council's website at.. https'.11 www.frc.org.ukJauditorsresponsibilities. This description fomis part of our auditor's report. Other matters Your attenlion is drawn to the fact that the Gharity has prepared financial Statements in accordance with "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" las amended) in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. This has been done in order for the financial statements lo provide a true and fair view in accordance with current Generally Accepted ArLounting Practice. This report is made solely to the charily's trustees. as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state tg the charity's trustees Ihose matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for Ihis report, or for the opinions we have formed. Jonathan Leathley (Senior Statutory Audltor) for and on behalf of Fawley Judge & Easton Chartered Certlfled Accountants ststutory Auditor 1 Parliament Street Hull East Yorkshire HU12AS 27 Nov8mber 2025 Fawley Judge & Easton is eligible for appointment as auditor of the charity by virtu8 of its eligibility for appointment as auditor of a company under section 1212 ofthe Companies Ad 2006. FORUM CIO STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOMEAND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restrfcted funds funds 2024 2024 Total 2025 2024 Notes Income from: Charitabl& activities Investments 1,599,623 2,878 467,770 2,067,393 1,015,591 2,878 2.351 788.380 1,803,971 2,351 Total Income 1,602,501 467,770 2,070,271 1,017,942 788,380 1,806,322 Ex enditure on: Charitable activities 1,625,614 822,712 2,248,326 941,328 867,691 1,809,019 Gross transfers be￿e￿n funds Net expenditure for the yearl Net movement in funds (40,765) 40,765 (23,113) {154,942) (178.055) 35,849 (38,546) (2,69n Fund balances al 1 April 2024 478,772 261.026 739,798 442,923 299.572 742,495 Fund balances at 31 March 2025 455,659 106,084 561,743 478,772 261,026 739,798 The statement of financial aclivilies includes all gains and10sses recognised in the year. The statement of financial activities includes all 9ains and losses recognised in the year. All incorne and expenditure derive from continuing aclivities. FORUM CIO BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notes Flxed assets Tangible assets 11 1,857 2,251 Current assets Debtors Cash at bank and in hand 12 381,164 1,185,696 89,612 1.493,675 1,566,860 Creditors: amounts falling due within one year 1,583,287 13 (1,006,975) (845,740) Net current assets 559.885 737,547 Total assets less current liabillties 561,742 739,798 The funds of the charity Reslricled income funds Unrestricted funds 14 15 106,084 455,658 261,026 478.772 561,742 739,798 The financial statements were approved by the Trustees on 27 November 2025 Ms C Bishop Trustee 10- FORUM CIO STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notss Cash flows from operating activities Cash (absorbed by}Igenerated from operations 18 (310,667) 528,744 Investing activities Purchase of tangible fixed assets Investment income received 1190) 2,878 (2.290) 2,351 Net cash generated from investing activities 2,688 61 Net cash used in financlng activities Net (decrease>Jlncrease In cash and cash èquivalents {307,979) 528,805 Cash and cash equivalents al beginning of year 1,493,675 964,870 Cash and cash equivalents at end of year 1,185,698 1,493,675 11 FORUM CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policles Charity information Forum CIO is a Charitabl& Incorporated Organisation. 1.1 Accountlng convention The finan￿81 statements have been prepared in accordance with the charity's constitution, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. I'FRS 102°) and the Charities SORP "Accounting and Reporting by Charilies.. Statement of Recommended Practice applicable to charities preparing their accoLfnts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102}" (effective 1 January 2019}. The charity is a Public Benefit Entity as defined by FRS 102. The financial statements have departed from the Charities (Accounls and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Stalemenl of Recommended Practioe for charilies applying FRS 102 rather Ihan the version of the Statement of Recommended Practice which is referred to in the Regulations bul which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial Statements are rounded to the nearest £. The financial slatements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern At Ihe time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the goin9 concern basis of accounting in preparing Ihe financial stalements. 1.3 Charitsble funds Unrestricted funds are available for use at the discretion of the Trustees in furtheranc8 of Iheir charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are sel out in the notes to the financial slatements. Endowment funds are subjecl to specific conditions by donors that the capital must be maintained by the harity. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, tho amounts can be measured reliably, and il is probable thal income will be received. Cash donations are recognised on receipt. Other donations are recognised once the ¢h3rity has been notified of the donalion, unless perfomiance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipl or otherwise if the charity has been notified of an impending dislribution, the amount is known, and receipt is expected. If the amount is not known, Ihe legacy is Ireated as a contingent asset. 12- FORUM CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles {Continued) 1.5 Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, il is probable thal a transfer of economic benefi15 will be required in settlement and the amount of the obligation can be measured reliably, Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to aCtI￿lieS on a basis consistent with the use of resources. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequenlly measured al cost or valuation, nel of depreciation and any impaimient losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Fixlures and fittings 20 /0 on a reducing balance basis The gain or loss arising on the disposal of an asset is determined as the difference be￿een the sale proceeds and the carrying value of the asset, and is recognised in the stalemenl of financial activities. 1.7 Impalrment of fixed assets At each reporting end date, the charity reviews Ihe carrying amounts of its tangible assets to delermine whether there is any indication that those assets have suffered an impairment loss. If any such indicalion exists. the recoverable amount of the asset is estimated in order to determine the extenl of the impaimient loss (if any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafl5. Bank overdrafts are shown within borrowings in current liabilitie5. 1.9 Financlal Instruments The charily has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 lo all of its financial inslruments. Financial instruments are recognised in the charily's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assels and liabilities are offset. with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there Is an intention lo settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets. which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. where Ihe transaction is measured at the present value of the future receipts discounted at a market rate of interèst. Financial assets classified as receivable within one year are not arnortised. 13- FORUM CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcies (Continued) Baslc financial liabilities Basic financial liabilities, including creditors and bank loans are initially re¢ognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymenls discounted at a market rate of inlerest. Financial liabilities classified as payable within one year are nol amortised. Debt instruments are subsequently carried at amortised cosl, using the effective interest rate method. Trade creditors are obligations to pay for goods or services thal have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-currenl liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cost ot any unused holiday entitlement is recognised in the period in which the employee's services are received. Terminalion benefils are rewgnised immediately as an expense when the charily is demonstrably committed lo terminate the employment of an employee or to provide termination benefits. Critical accounting estimates and judgements In the application of the charity's accounting policies, the Trustees are required to make judgemenls. estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on hislorical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimate5 are recognised in Ihe period in which the estimate is revised where the revision affects only thal period, or in the period of the revision and future periods where the revision affects both current and future periods. 14- FORUM CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charltable actlvities Charltablg Grant Retated Conlract Incom Incomo Total 2025 Charitable Grant Relatèd Contract Incom• Incom8 Total 2024 2025 2025 2024 2024 Services provided under contract Grant income 1,203,467 1,203.467 863,926 467,945 467,945 1,336,026 1,336,026 863,926 1,203,467 863,926 2,067,393 467,945 1.336,026 1,803,971 Analysis by fund Unrestricted funds Restricted funds 1,203,467 396,156 1,599,623 467,770 467,770 467,945 547,646 1,015,591 788,380 788.380 1,203,467 863,926 2,067,393 467,945 1,336.026 1,803,971 Income from investments Unrestrictsd Unrestrlcted funds funds 2025 2024 Interest receivable 2,878 2,351 15- FORUM CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charitable a¢tlvities Charltable Grant Contract Related Expenditure Expenditure Totsl Charltable Grant 2025 Contract Related Expenditure Expenditure Total 2024 2025 2025 2024 2024 Staff costs Depreciation and impairment Telephone Postage and Stationery Marketing Meetings Staff and Members Expenses Website and IT Expenses Contribution to Central expenses Members D8v8lopment Furniture 876,693 145,422 1,022,115 338,347 554,181 892,528 584 10,482 1,962 10,082 26,161 584 11.375 2,075 10.451 28,103 893 113 369 1,942 5,143 924 4,261 15,127 5.983 826 2,307 12,896 11,126 1,750 6,568 28,023 9,064 10,482 1,142 10,206 10,482 12,e31 15,028 3,860 18,904 16,491 33,932 106,400 423,370 8,876 38.000 431,071 144,400 854,441 8,876 489,278 590 249,600 738,878 590 1,484,156 618,952 2,103,108 881,329 848,557 1,729,886 Share of support costs (see note 6) Share of governance costs (see note 6) 118,590 3,760 122,350 59,808 59,808 22,868 22,868 19,325 19,325 1,625,614 622,712 2,248,326 960.462 848.557 1,809,019 Analysis by fund Unrestricted funds Restricted funds 1,625,614 1,625,614 622,712 941,328 19,134 941,328 867,691 622,712 848,557 1,625,614 622,712 2,248,326 960,462 848,557 1,809.019 18- FORUM CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to actlvities 2025 2024 Depreciation Insurance Sundries Premises Expenses Publications Equipment Bank Charges Consultancy Governance costs 584 4,570 5,518 35.330 6,103 7,181 522 7,142 2,199 56,155 11,678 9,534 586 31,876 26,048 19,325 145,218 79,133 Analysed between: Contract Related Grant Related 141,458 3,760 79,133 145,218 79,133 Net movement In funds 2025 2024 The net movement in funds is stated after chargingllcrediting).. Fees payable for the audit of the charity's financial slalemenls Depreciation of owned tangible fixed assets 584 Trustees None of Ihe Trustees (or any persons Connected with them) received any r6muneration or benefits from the charity during the year. Employees The average monlhly number of employees during the year was: 2025 Number 2024 Number Slaff 32 32 Employment costs 2025 2024 Wages and salaries 1,022,115 892,528 There were no employees whose annual r8muneralion wa5 more than £60,000. 17- FORUM CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employees (Continued) Remuneration of key management personnel The remuneration of key management personnel was as follows.. 2025 2024 Aggregate Compensation 148.255 139,277 The key management personnel includes the Chief Officer. Deputy Chief Officer and Operalions Manager. 10 Taxatlon The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 11 Tangible fixed assets Flxturgs and flttlngs Cost Al 1 April 2024 Additions 17,128 190 At 31 March 2025 17,318 Depreciation and impairment At 1 April 2024 Depreciation charged in the year 14,877 584 At 31 March 2025 15,461 Carrying amount At 31 March 2025 1,857 At 31 March 2024 2,251 12 Debtors 2025 2024 Amounts falllng due wlthin one year: Trade debtors Other debtors 379,516 1,648 87.964 1,648 381,164 89,612 18- FORUM CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Creditors: amounts falling due within one year 2025 2024 Trade creditors Other creditors Accruals and deferred income 26.199 979,556 1,220 16 845,724 1,006,975 845,740 19- IJ)*Or ccoc ¢nNcfjc (N (D O oo ¢y o) ¢0 7J Ewlu w ECL Jfn Jfnw 3 LLzi 455.659 Previous year: At 1 Aprll 2023 Incomlng resources Resources expended Transfers At 31 March 2024 General funds 442,923 1,017,942 1941.328) (40,765) 478,772 16 Analysis of net assets betweèn funds Unrestrlcted funds 2025 Restrlcted funds 2025 Total 2025 At 31 March 2025: Tangible assets Current assetsl{liabililie5) 1,857 453,801 1,857 559,885 106,084 455,658 106.084 561,742 Per balance sheet Balance to allocate 455,659 106.084 561,743 Unrestrfcted funds 2024 Restricted funds 2024 Totsl 2024 At 31 March 2024: Tangible assets Current assetsl{liabilities} 2,251 476,521 2,251 737,547 261,026 478,772 261,026 739,798 17 Relatsd party transaction5 There were no disc105able related paty transaction5 during the year (2024 - none). 21 FORUM CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Cash (absorbed by)Igenerated from operatlons 2025 2024 Deficit for the year (178,0561 {2,697) Adjustments for". Investment income recognised in slatemenl of financial activities Depreciation and impairment of tangible fixed assets (2,8781 584 {2,351 J 584 Movements in working capital: (Increase)Idecrea5e in debtors Increase in creditors (291,552) 161.235 94,201 439,007 Cash (absorbed by)Igeneratsd from operatlons (310,667) 528,744 19 Analysis of Changes In net funds The charity had no material debt during the year. -22-