Company reglstrdtion number: 05321038
Charity registration number: 1110927
FAVOUR FOUNDATION LTD.
TRUSTEES. REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025

Favour Foundatlon Ltd.
Contents
Page
Trustees, Report
Independent Examiner's Report
Statement of Financial Artrvities (Indudlng Income and ExPendth￿ Account)
Compaffitive Statement of Finanaal Activlties (including Income and Expenditure
Account)
io
Balance Sheet
Notes to the Finanual Statements
13-19
The following pages do not forrn part of the ststutory accounts:
Detailed Statement of Financial Artivities (including Income and Expendtture Account)
20

Favour Foundation Ltd.
Company No. 05321038
Trustees. Report For The Year Ended 30 September 2025
The trustees present their report and the financial statements for the year ended 30 September
2025.
Objectlves and Artlvltles
Alms and Objectives
The objects of the Charity are to advan￿ for the benefit of the community of Grimsbyl
Cleethorpes and the surrounding area all such purposes as are charitable in accordan￿ with the
laws of England from time to time including but not limited to, the rellef of all people In that area
who by reason of their disabillty, age, infinnlty, sickness, social or economic clrcumstances or
carlng responsibilltles have a need of health, social care or other related community services or
recreatlonal facilities by the provision of information, advice, support, education and training and
other services and facilities calculated to relieve those needs.
Your Place has been setving the people of East Marsh (an area identified as being in the top 2Yo
most deprived areas in the country) for the past 25 years. It is a very busy community hub and
'Friend In the Neighbourhood.. We are open Monday - Friday and, In partnership with local people
provide a very wide range of creative, educational, social activities, horticultural actfivities and
volunteering opportunitie5 that are open to all.
Your pla￿ has a 'famlFy' feel. It is a home from home and a bolt hole away from the pressures
and difficulties that the people of our area have to cope with on a day-to-day basis. We do not
have 'clients' we have 'friends' and our volunteer photos (which we proudly have on display) are
called 'Famlly Photos..
The need for our work:
Sadly, the many challenges in our community indude a very high proportion of unemployment, a
high and rising drug cultu￿. a rising crime level (often athhol related), a high level of domesti
vlolence and a very high level of teenage pregnancies. A person livlng In East Marsh has poorer
health and Is likely to live a Shorter life than the average person in the UK. They are less likely to
be employed and are more likely to suffer from depression. self-esteem problems and mental
illness. Ef they are not the victim of crlme, they will without doubt be subject to the fear of crime
which In our area is known by the police as being disproportionately hlgh. They will often have low
asplratlons
not only for themselves but also for their children. who will be less likely to achieve
either in school or in their work life. In the East Marsh almost 40% of adLtIts are economically
inactive. Lack of confidence, social isolation, learnlng dlsabilities, debt, drug and alcohol
dependency are all too common.
Our weekly servlces and activities:
Wlth the help of over 60 local people who volunteer at Your Place we have developed a very wlde
range of serVI￿S and actlvities. which are open to all, regardless of ability, confidence, 51tuation,
and motivation. People who begln by attending one activity often access other attivltles we offer
and become part of the Your Place 'community'.
Our actlvltles Include:
..CONTINUED
Page I

Favour Foundation Ltd.
Trustees. Report (continued)
For The Year Ended 30 September 2025
Alms and Objectlves - contlnued
Volunteer and supported volunteer opportunities, both within Your Place and in our
community gardens.
An Information and Referral Servlce, providlng slgnpostlng and support to local people.
Weekly groups and activrties, including games and quizzes, creative activities, walking
groups. and volunteer gardening groups.
Practical learning and community engagement opportunitles, Indudlng plant sales
gardening advice, woodworking activities, cookery demonstratlons and tasters, and the
delivery of talks and demonstrations to community and outside groups.
A Scratch Cookery Course, promoting healthy eating and practical cooking skills.
A thriving Gardening Community of Interest, bringing together people with a shared interest
in gardenlng, sustainability and wellbeing.
Annual community events, which are consistently well attended, including Fun Days,
community craft events. Open Garden events. and participation in the National Garden
Scheme through the opening of our gardens to the public.
Your Place has also transformed a 1.5 acre pietr of neglerted and vandalised land whlch had been
local eye-sore (and home to vemin) into a beautiful community area, and an extensive
horticultural facility with a large potytunnel and vegetable garden. Thls work has developed greatly
in recent years and with the help of a brilliant team of over 60 local volunteers, led by our
dedicated Garden Manager provides plants and advice for local people. We have developed a large
plant pot recycling scheme, a composting Scheme and have been able to vlslt many other
organisations to give horticultural talks and demonstrations.
We are very proud of ovr
envlronmental credentlals- we grow our plants and vegetsbles organically from donated/collected
seeds and from cuttings, use 100% peat free compost, never use any chemicals In the control of
garden pests, use only recycled plant pots and seed trays. compost our garden waste (which we
use in our garden as a mulch to eliminate the need for waterlng our flower bed5/vegetable garden,
recycle garden tools and equipment, whenever p055ible use recycled/sustainable material in
building projetts. Last year we developed a Woodworking Skills hub which is very popular and
thriving hortlculturdl Salvage yard whith recycles unwanted old (but stlll useful) donated garden
items.
The People We Serve
The people who access Your pla￿ come from a wlde range of backgrounds and circumStan￿s.
Many experlence social isolation, poor mentsl health, low confidente or low self-esteem. Others
may be long-term unemployed. experienong financial hardship. recovering from substance
misuse, or fadng challenges associated with physical health conditions, poor nutrition, obesity, or
lack of exercise.
We also support people with learning difficultles, limited literacy or numerary skills, and those who
feel excluded, marglnalised, or unable to fully participate in community life.
Our aim is to provide a welcoming and indusive environment where individuals can build
confidence, develop skills, form positlve relationships. and become more actively involved In their
community.
We also work with local schools and chlldrens group5, who bring their children to do
envlronmentall gardening studles In our beautiful garden.
Publlc Benefft
Page 2

Favour Foundation Ltd.
Trustees. Report (continued)
For The Year Ended 30 September 2025
We have referred to the guidan￿ contained in the Chartty Commlsslon's general guldance on
public benefit and complied with section 17(5) of the 2011 Charities act when reviewing our aims
and objectives and in planning our future artivities. In partlcular, the Trustees consider how
planned activities will contribute to the aims and objectives they have seL
The public have benefftted from Favour Foundation Limited in many ways. Your Place provides: a
communlty-based centre offering a variety of Servi￿5, activities, and groups. an 'Information and
Referral. service, educatronal and vocational activitles, volunteer opportunities and community
gardens.
Achievements and Perforniance
Maln Achievements
Over the years we have become a trusted 'Frtend in the Neighbourhood, and a 'Hub' of Informatlon
and community actlvity. We have worked very hard to create a positive and non-judgemental
culture, where all are treated with respert and compassion. and where people are 'llstened to and
valued,. By far, our main successes are the people whose Irves have been changed through our
work. It has been our privilege to work with people who have overcome things like drug/alcohol
problems, mental health problems, low 5elf-esteem or depression. It is a great prlvilege to see
such people moving on and turnlng thelr Ilves around.
Favour Foundation Llmited - GrIN￿bY Nelghbourhood Centre
Until 22 April 2025, Grimsby Neighbourhood Centre provided conferencing and training faclllties
for charitable organisations, voluntary groups and professional bodies. The Centre was regularly
used by a rdnge of organisations and groups and conslstently re￿1Ve￿ positive feedback from
users of the facilities.
Grimsby Neighbourhood Centre ceased operating on 22 April 2025. Th@ Trustees arè grateful to
the many volunteers who contrlbuted to the successful operation of the Centre over the years and
to the organisations and groups that made use of the facilities.
Favour Foundatoon Limited dld r)ot employ stsff specifically to operate Grimsby Neighbourhood
Centre. As Favour Foundation Limited Is a project of Grimsby Neighbourhood Church, the Centre
was operated by volunteer5 from the Church.
Flnancial Revlew
Flnancial Posltlon
Funders
Thls year Your Place has been generously funded by: The Henry Smlth Charity, The Community
Fund and the East Coast Communlty Fund.
Reserves pollcv
The Trustees have examlned the Charrty's requlrement frjr reserves in light of the main risks to the
organisation. It has established a policy to keep this under review and ensure that the necessary
steps can be taken when appropriate. The incoming resources for the year amounted to £120,228
(2024.. £97,468) and the outgoing resources for the year amounted to £110,139 (2024:
£107,760) resulting In a surplus of £10,089 (2024: deficit of £10,292).
..CONTINUED
Page 3

Favour Foundation Ltd.
Trustees, Report (continued)
For The Year Ended 30 September 2025
Flnanclal Posltlon - continued
Following review, the level of reserves held by the charty in Ilght of its operational needs and the
risks it faces was considered and agreed. The purpose of maintaining reserves is to provlde
rinancial 5tsbility. ensure continuity of services, and enable the charity to respond to unforeseen
circumstances or temporary reduction5 in funding.
It is considered that the current level of reserves is appropriate in relation to the charlty's
activities and commitments and will continue to be monitored as part of ongoing financial planning
and risk management processes.
Future Plans
We plan to fvrther develop the reach and effettlveness of Favour Foundatlon Ltd. by..
Continulng to develop an(J expand our existing programme of activities.
Strenghening exIs￿ng partnershlps and developing new ￿latIOnShipS with local organi5ations
and communlty groups.
Working collaboratively with other organt5ations to deliver more effective and joined-up
servlces for local people.
Continuing to develop and expand our volunteerlsupported volunteer programme.
Further developing our horticultural faalities and horticultural training programme.
Expanding our environmental and sustainability initiatives, indudltvj our recycling and reuse
programmes.
Financlal sustainabllltylfundraising: We are very grate￿1 to all our fttnder5, who continue to
support us in our mission to work with and for the people of the East Marsh. We are able to raise a
small amount of money through the sale of plants (which are grown by our wonderful team of
volunteers, under the 5upetvision of our Garden Manager) and are committed to seeking the
funding necessary to continue our work well into the future. This funding comes from Nattonal and
Local funders who have a heart for the work we do.
Our staff, volunte•rs and ben•flclaries: We have flve committed members of staff and 67
amazing volunteers, who make Your Pkce the succes5 that It Is, and have 544 beneficiarles who
attend our activities, form our Gardening Community of Interest or attend our special events. We
have also had 10,527 visits this year from local people who have come to buy the plants our
Voluntee￿ have produced, and whlch we sell at very low prices (most plants for 20p130p each).
This means that people who otherwise could not afford to can grow their own flowers and
vegetables and benefit physically, mentally and soclally from belng in the out-doors enjoying a
great hobby and making friends wlth other liktrmlnded people around a common interest.
Future actlvltles: As has been our practice in the past, we will continue to develop and adapt our
activities in partnership w￿h the people who use the centre.
Exlstlng/potential defined benefft pension Ilability: there are no such impllcations for us.
Reservos poli¢y: While it is possible that mlght have to Use some of our reserves we feel It is
unlikely.
Structure, Governance and Management
Page 4

Favour Foundatlon Ltd.
Tru$tees' Report (continued)
For The Year Ended 30 September 2025
Governing Document
Our organlsation Is a charitable company limited by guarantee. Incorporated on 23 ()ecember,
2004 and charltable status for the company was granted with effert from 18 Au9USt, 2005. The
company was established under a Memorandum of Assoaation which established the objects and
powers of the charitable company and is govemed under tts Articles of Association. In the event
of the cornpany being wound up, all availablÈ funds shall go to a tharitable cause.
Trustee 5electlon Meth¢Jds
The directors of the company are also charity trustees for the purposes of charity law and under
the company's Articles are known a5 directors. The directors appoint new trustees and recruit
from people who have an interest in the objects of the charity.
Rlsk management
The Trustees recognise their responslbility to identify, review and rnanage the risks to which the
charity is exposed. Risks are considered as part of the charrty's ongoing management and
governance processes, and appropriate controls are implemented to reduce risk where practicable.
The charlty maintains a Rlsk Register, whlch identifies significant risk5 and the measures In pla
to mitigate them.
The Risk Register ts reviewed by management and presented to the Tnjstees for consideration and
approval. The Trustees are satisfied that appropriate systems, policie5 and procedures are In place
to provide reasonable a5surdnce against fraud, error and other significant rlsks and will continue
to revlew these arrangements on a regular basis.
Reference and Administratlve Detslls
Trustee$
T Alexandre
S Boyle
W Pendleton
J M Roberts
L Smith (resigned 2011012025)
Charlty Number
1110927
Company Number
05321038
Registered Offlce
289a Weelsby Street
Grim5by
N E Lincolnshire
DN32 7JW
Page 5

Favour Foundatlon Ltd.
Trustees. Report (continued)
For The Year Ended 30 September 2025
Independent Examiner
H J Spauls F.C.A
Smethurst & Co
12 Abbey Road
Grlmsby
DN32 OHL
Page 6

Favour Foundation Ltd.
Trustees. Report (contlnued)
For The Year Ended 30 September 2025
ststement of Trustees, Responsibllltle$
The trustees {who are also the directors of Favour Foundation Ltd. for the purposes of company law)
are responsible for preparlng the Trustees, Rep)rt and the financial statements In accordance with
applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted
Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year. Under
company law the trustees must not approve the financial Statement unless they are satisfied that
they give a true and falr view of the state of affairs of the charitable company and of the incoming
resources and appllcation of resources, induding the income and expenditure, of the charitable
company for that period. In preparing the financlal statements the trustees are required to:
select suitable accounting policies and then apply them consistentlyi
observe the methods and principles in the Charity SORP;
make judgments and accounting esbmates that a￿ reasonable and prudent; and
prepare the financial statements on the going concem basis unless It Is Inappropriate to
presume that the company will continue in business.
The trustees are responsible for keeping adequate accounting records which disdose with
reasonable accuracy at anytime the financial position of the charitable company and to enable them
to ensure that the accounts comply with the Companies Act 2006. They are also responsible for
safeguardlng the assets of the company and hence for taklng reasonable steps for the prevention
and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrlty of the corporate and financlal
information Included on the charitable company's webslte. Legislation In the United Klngdom
govemlng the preparation and dissemination of financial statements may differ from leglslatlon in
other jurisdictlons.
Small Company Rules
This report has been prepared In accordance wlth the speaal provlsions relatlng to companies
subject to the small companies regime within Part 15 of the Companies Act 2006.
The trustees, report was approved by board of tnjstees and signed on Its behalf by:
S Boyle
Trustee
29th June 2026
dge7

Favour Foundation Ltd.
Independent Examlner's Report to the Trustees of Favour Foundation Ltd.
For The Year Ended 30 September 2025
I report to the charity trustees on my examination of the accounts of the Company for the year
ended 30 September 2025.
Responsibilitles and Basis of Report
As the charity trustees of the Company (and also its directors for the purposes of company law). you
are responsible for the prepatation of the accounts in accor(lance with the requirements of the
Companies Act 2006 fthe 2006 ACV).
Having satisfled myself that the accounts of the Company are not required to be audited under Part
16 of the 2006 Art and are eligible for Independent examlnatlon, I report in respett of my
examlnation of your charity's accounts as carried out under sertion 145 of the Charities Act 2011
Cthe 2011 Act?. In carrying out my examination I have followed the Directions given by the Charity
Commisston under section 145(5) (b) of the 2011 Act.
Independent Examlner's Statement
I have completed my examlnauon. I confinn that no matters have come to my attention in
connection with the examination glving me cause to believe:
l. accountlng records were not kept In respect of the Company as required by section 386 of the
2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting ￿quirementS of section 396 of the 2006 Act
other than any requirement that the accounts give a 'true and fair view, which is not a matter
considered as part of an independent examination; or
4. the accounts have not been prepared in accordantr with the methods and prlnciples of the
Statement of Recommended Practice for accountlng and reporting by charlties appllcable to
charities p￿parIng their accounts in accordance with the Flnancial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connecknon wlth the examination to
which attention should be drawn in this rewjrt in order to enable a proper understandlng of the
accounts to be reached.
H I Spauls F.C.A
29th June 2026
12 Abbey Road
Grimsby
DN32 OHL
Page 8

Favour Foundatlon Ltd.
statement of Financlal Artlvltles (includlng Income and Expenditure Account)
For The Year Ended 30 September 2025
2025
ilnrestrlrt•d Restrfcted Total
funds
funds
fund•
2024
Total
funds
ZNCOME AND ENDOWMEMT5 FROM:
Donations and legacies
Charltsble activltles:
CO￿ actlvltks
1,647
94,929
96,576
78,162
23,652
23,652
19.306
25,299
94,929 120,228
97,468
EXPENDITURE ON:
Charltable acuvltles:
Core activltles
(3.212) (106.927) (110, 139) (107,760)
22,087
{11,998)
10,089 (10,292)
NET INCOMEI(EXPENDrnIRE)
NeT MOVEMENT IN PUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
22,087
(11,998) 10,089 (10,292)
11,131
29,907
41,038
51,330
13
33,218
17,909
51,127
41,038
The notes on pages 13 to 19 form part of these fbnancial statements.
Page 9

Favour F041ndatlon Ltd.
C•mparatlve Statement of Financlal Actlvltles (Including Income and Expendlture
Account)
For The Y•ar Ended 30 September 2025
2024
Unrestricted Restrlrted Total
funds
funds
fund•
Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacles
Charitable activltles:
Core activltles
78,162
78,162
2.365
16,941
19,306
97,468
2,365
95,103
EXPENDITLIRE ON:
Charltable actlvlties:
Core actlvitles
(9,184) (98,576) (107,760)
(6,819)
{3,473) (10,292)
NEf EXPtNDrnIRE
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUMDS:
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
(6,819)
(3,473) (10,292)
17,950
33,380
51,330
13
11.131
29.907
41,038
The notes on pages 13 to 19 form part of these financlal statements.
Page 10

Favour Foundation Ltd.
Balance Sheet
As At 30 September 2025
2025
Unrestrlrted Restrlcted Total
Total
funds
lund•
fund• fund5
2024
FIXED ASSErs
Tangible Assets
li
1,032
1,032
2,121
1,032
1,032
2,121
CURRENT ASSETS
Cash at bank and In hand
33,540
17,909 $1,449 44,344
17,909 51,449 44,344
33,540
Credltor•: Amounts Palllng Due Wlthln
One Year
12
(1,354)
(1,354) (5,427)
NEf CURRENT ASSETS (LIABILrriES)
32,186
17,909 50,095 38,917
TOTAL ASSETS LESS CURRENT
UABILfTIES
33,218
17,909 51,127 41,038
33,218
17,909 51,127 41,038
FUNDS OF THE CHARrrY
Restrlcted Funds
Unrestrlcted Funds
17,909 29,907
33,218 11.131
TOTAL FUNDS
13
51,127 41,038
Page 11

Favour Foundatlon Ltd.
Balance Sheet (continued)
As At 30 September 2025
For the year endlng 30 September 2025 the charitable company was entitled to exemption from
audit under secuon 477 of the Companies Att 2006 relating to small companies.
The members have not requlred the company to obtain an audit In accordance with section 476 of
the Companles Act 2006.
The trustees acknowledge their responsibilltles ft>r complylng with the requirements of the Act with
respect to accounting records and the preparotlon of accounts.
These accounts have been prepared In accortlan￿ wlth the provisions applicable to companles
subject to the small companies regime.
On behalf of the l)oard
S Boyle
Trustee
29th June 2026
The notes on pages 13 to 19 form part of these finanual statements.
Page 12

Favour Foundatlon Ltd.
Notes to the Flnanclal Ststements
For The Year Ended 30 September 2025
l. General Inforniatlon
Favour Foundation Ltd. is a company Ilmited by guardntee, incorporated in England & Wales,
registered number 05321038 and registered charity number 1110927. The registered office is 289a
Weelsby Street, Grlmsbyi N E Lincolnshire, DN32 7JW.
2. Accountlng Policies
2.1. Basis of Preparatlon of Flnandal Statements
The financial ststements have been prepared in accordance with the Charlties SORP (FRS 102)
Accounting and Reporting by Charities: Statement of Recommended practi￿ appllcable to
charitles preparlng thelr accounts In accordan￿ with the Financlal Reporting Standard
appllcable In the UK and Republic of Ireland {FRS 102) (effective I lanuary 2019)". Financial
Reporting Standard 102 Yhe Financial Reporbng Standard applicable in the UK and Republic of
Ireland" and the Companies Act 2006.
The charitable company is a Public Benefit Entity as defined by FRS 102.
2.2. Fund Accounting
Unrestricted fvnds can be used in accordan￿ with the charitable objertlves at the discretlon of
the trUst￿S.
Designated funds comprise unrestrlrted funds that have been set aside by the trustees for a
specific purpose.
Restricted funds a￿ to be used for specific purposes as laid down by the donor.
Further explanation of the nature and purpose of each fund is included in the notes to the
financial statements.
2.3. Incomlng Resources
All income is recognised in the Statement of Financial Activities On￿ the charity has
entitlement to the ftjnds, it Is probable that the income will be re￿iVed and the amount can be
measured rellabty.
2.4. Resources Expended
Llablllties are recognised as expendlture as soon as there is a legal or construrtlve obligatlon
committing the charity to that expenditure, it is probable that a transfer of economic benefits
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 attrlbuted to
partlcular headings they have been allocated to activities on a basis conslstent with the use of
resources.
Page 13

Favour Foundatlon Ltd.
Notes to the Flnancial Statements (continued)
For The Year Ended 30 September 2025
2.5. Tanglble Flxed Assets and Depreclatlon
Tangible fixed assets are measured at cost le55 accumulated depreciation and any accumulated
impairment losses. Depreciation is provided at rates calculated to write off the tost of the fixed
assets, less thelr estlmated residual value, over their expected useful Ilves on the followlng
bases:
Fixtures & Fittings
33% Straight Ltne
Fixed assets are stated at cost less accumulated depreciatlon. The cost of minor additlons
under £200 are not capitalised.
2.6. Cash and Cash Equlvalents
Cash and cash equlvalents are basic flnanclal assets and indude cash in hand and deposlts
held at call with banks, other short-term highly Ilquld investments that mature in no more than
three months from the date of acqui5ttion and are readlly convertlble to a known amount of
cash with inslgnlficant risk of change In value, and bank overdrdfts.
2.7. Taxation
The charity is exempt from tax as all its income is charitable and applied for charitable
purposes.
3. Income from l>onatlons and Legacles
2025
UnreStrIrt￿ Restrlcted
funds
funds
Total
funds
Donations and gifts
Grants
1,647
1,647
94,929
94,929
1,647
94,929
96,576
2024
Unrestrlrted Restrl¢ted
funds
funds
Total
funds
Donations and gifts
Grants
78,162
78,162
78.162
78,162
Page 14

Favour Foundatlon Ltd.
Notes to the Flnancial Statements (contlnued)
For The Year Ended 30 September 2025
4. Net Income/{Expendlture)
The net income/(expenditure) is stated after charging/{crediting)".
2025
2024
Depreciatlon of tsngible fixed assets - owned
1,089
1,089
5, Analysls of Expenditure
2025
Grant
fundlng of Support
Acthiltles artivities
costs
undertaken (see note
{see note
dlrectty
6)
Total
Core artivities
104,165
767
5,207
110,139
2024
Support
Artlvities
undertaken (see note
directly
7)
Total
Core activities
104,133
3,627
107,760
6. Grants Payable
2025
2024
Grants to
Grants to
Institutlons Institutlons
Core actlvities
767
Grants pald to Institutlons, induded above, are as follow5:
2025
2024
Grimsby Neighbourhood Church
767
Page 15

Favour Foundation Ltd.
Notes to the Flnancial Statements (contlnued)
For The Year Ended 30 September 2025
7. Support Costs
2025
Core
actlvltles
General administration
Depreciation
4,118
1,089
5,207
2024
Core
actlvities
General administration
Depreciation
2,538
1,089
3,627
8. Independent Examlner's Remuneratlon
2025
2024
Independent examlnation of the financial Statements
1,590
1,560
9. Staff Costs
staff costs were as follows:
2025
2024
Wages and salaries
77,221
76,130
No employees received employee beneffts (exduding employer pension costs) for the reporting
period of more than £60,000.
10. Average Number of Employee$
Average number of employees during the year was: 5 12024: 6)
Page 16

Favour Foundatlon Ltd.
Notes to the Flnanclal Statements (contlnued)
For The Year Ended 30 September 2025
11. Tanglble Assets
Flxtures &
Fittin9S
Cost
As at i October 2024
14,148
As at 30 September 2025
14,148
Depreciation
As at i October 2024
Provlded during the perlod
As at 30 September 2025
12,027
1,089
13,116
Net Book Value
As at 30 September 2025
1,032
As at l Ottober 2024
2,121
12. Creditors: Amounts Falling Due Withln One Year
2025
2024
Other creditors
Taxation and social security
1.354
3,266
2,161
1,354
5,427
13. Movement in Funds
Asati
ortober
2024
Asat30
September
2025
Income Expendlture
Unrestricted funds
General:
General unrestmcted fund
Restrlcted funds
Grants for salaries
Grants for garden expenditure
Grants for Your Pyace
Grants for carer5 events
11,131
25,299
13,212)
33,218
10,775
15.494
97
541
89,710
(90,960)
(7.201)
(97)
(450)
9,525
8,293
91
..CONTINUED
Page 17

Favour Foundatlon Ltd.
Notes to the Financlal Statements (wntlnued)
For The Year Ended 30 September 2025
East Coast Communlty Fund
other restrltted funds
5,219
(5,219)
(3,000)
3,000
Total rertrlrted funds
29.907
94,929 (106.927)
17,909
Total funds
41,038
120,228 (110,139)
51,127
A•ati
October
2023
Asat30
Sept•mbor
2024
Incom• Expendlture
Unre•trl¢ted fund•
General:
General unrestrltte(I fund
Rutrlrted fund•
Grants for salarles
Grants lor garden expenditure
Grants for Your Place
Grants for carers events
Other restrlrted funds
17,950
2,365
(9, 184)
11,131
10.625
17,368
97
74,162
17,941
(74.012)
(19,815)
10,775
15,494
97
541
3,000
924
4,366
1383)
(4,366)
3,000
Totsl r•8trlcted funds
33,380
95,103
(98,576)
29,907
Total fun¢ts
51,330
97,468
(107,760)
41,038
Grants for salarles a￿ from Henry Smlth and The National Lottery.
Grants for garden expendlture are from Voluntsry Action North East Uncolnshlre and Phllllps 66
(Humber Heart).
Grants for the garden manager's salary, garden malntenance and mateirlas are from Grantscape
East Coast Communities Fund,
other grants are from Voluntary Athon North East Uncoln5hire. Llnctslnshl￿ Com and Orsted. These
are for themed workshops and computer/ cookery classes and a wood working skllls hub, and for
Cctv equipment in Grlmsby Nelghbourhood Centre.
14. Transactlon$ wlth Truste•s
None of the trustees received any remuneratlon or any other benefits from an employment with the
charity or a related entlty durlng the current or prevlous year.
Page 18

Favour Foundation Ltd.
Notes to the Financial Statements (¢ontlnued)
For The Year Ended 30 September 2025
No trustee expenses have been incurred.
15. Related Party Dlsclosures
There have been no related party tran5actlons In the reporting period that require disclosure.
16. Company Ilmlted by guarantee
The company is limited by guarantee and has no share capitsl.
Every member of the company undertakes to contribute to the assets of the company, in the event
of a wlndlng up. such an amount as may be required not exceedlng £1.
Page 19

Favour Foundatlon Ltd.
Detalled Ststement ol Flnanclal Artlvlties (including Income and Expenditure Account)
For The Year Ended 30 September 2025
2025
2024
Total
fundg
Total
funds
INCOME AND ENDOWMENTS FROM:
Donatlons and legacies
Donatlons and glfts
Grants
1.647
94,929
78,162
96,576
78,162
Ch*rltabl• ActIvItl￿.
Cor• actlvltle$
Income from charltable acuvltles
23,652
19,306
23,652
19,306
120,228
97,468
EXPENDITURE ON:
Charltable Actfvitl•$:
Cor• artlvttl
Dlrect project costs
Wages and salarles
Premlses costs
Grants to Institutlons
Offlce costs
{ 19,530) (23,956)
{77,221) (76,130)
(7,414)
(4,047)
(767)
(1,573)
(935)
l ]1
Independent examlner's fees
Professlonal fees
Sundry expenses
Depreciation
(1,590)
(1,560)
(900)
(30)
{55)
(13)
(1,089)
{1,089)
(110,139) (107,760)
(110,139) (107,760)
10,089
(10,292)
NET INCOME/(EXPENDITURE)
Page 20