Company number 05650451 Charity number 1116802 It's Your Life (A Charlty Company Llmlted by Guarantae. company number 05650451) Financial Statements and Trustees, Report for the year ended 31 March 2025
It's Your Life IA Charlty Company Ltmlted by Guarnntee, company number 05650451) Index to the Financial Statements for Ihe ar ended 31 March 2025 Pago Ind•x lo th• Flnanclal Stalomonls Charllabla Company Informatlon Trust•os' R•port Stat•m•nt of Truste•s' R•sponslbllltl•s Indep•nd•nt Examln•Vs Report 3tAt•m•nt of Flnanclal Actlvlll stst•m•nt of Itlnanclal P•stlon stat•m•nt of Calh FIOWA 10 Accountlng Pollclos 11 Note8 to th• Accounts 12-18 Paye 2
It's Your Life (A Charlty Company Llmlted by Guarantso, company nufflr 056504511 Charitable Company Informatlon for the ear ended 31 March 2025 status: Il's Your Life Is a company Ilmrted by guarantee and a reglster¢d charity oovemed by Its rnemorandum and articles of assoclatlon. The dlrectors of the charlty are Its Irustees for the purposes of chaTIty law and throug1ut Ihls report ar8 collects'vely r8f8rred to as the Truslees. Charlty name: Irs Your Llfe Company raglstratlon number: 05650451 (EThJland & Wales) Charfty r•glstratlon numb•r. 1116802 Reglsterod offi¢•: Th8 Glasshouse 161 Okl Fcrd Road London E2 9QB Operatlon• addr•83: The Gl8sshou58 161 Okl Ford Road London E2 9Q8 Tru$t••s who held offlce durlng th• y•ar: D Lowls F Rahlm M SheThvt)od B Thmas J Ross - Appolnted 27 June 2023 Chalr. Secrntary: senlor Management: D Lewls J 8ames J Bam89 Ind•pendant Examlner: Anthony Armstrong FCA Arnistrong & Co CharterndAccountonts & Statutory Audllor 4a Prlntlng House Yard Hackney Road London E2 7PR Bankers: Natlonal Westmlnster Bank PIG Belhnal Green London Pag8 3
It's Your Life (A Charlty Company Umlted by Guarantee, company number 05650451) Trustees, Report, Incorporatlng the Directors. Report for the year ended 31 March 2025 The Trustees ol M's Your Llfe pr8sent Ihelr report together wilh Ihe financlal statements for the year ended 31 March 2025. Trustees The TfUSte8s of the charfty who held office during the year are dlsck)sed on page 3. Gov•rnlng Do¢ument Il's Your Llfe Is a company Ilmlled by guarantee, Incorporated on 9 December 2005 and reglstered as a charfty on 15 November 2006. The company was oslablished under a M0[andUM of Assoclatlon whlch eslabllsh8d the obJects and powers of the company and Is govemed under it5 Artlcles of Assoclallon. In the ev8nt of the company belng wound up m8mb8rs ar8 requlred to conlribut8 an amount not 8xce8dlng £1 each. Rlsk mltlgaljon The board has examlned the prfnclpal areas of the charftys operallon5 and consldered the major ri5k5 whlch may aTlse In each ol these areas. In the oplnlon of the Trustees the charfty has establlshed resources and review Systems whlch, under nom)al condltlons. should allow the rlsks ldenllfd by them io be mhlgated lo an acceptable18vel In Ils day to day operallons. Acllvhl•g It's Your Life Is a Bmall dynamlc charlty wlth Its roots In Ttjwer Hamlets. Over the past 13 years, It has transfOed the lives of people wilh whom11 works. The majortty of work take3 place In Tower Ham18ts Krfth pffjgrnmmes also belng dellvered In Nevtham and In Llverpool. Irs Your Llfa's prfndpal focus15 on the educatlon of Vulnerable adulls, chIldn and young people, who aro often hard to reach through conv8ntlonal sefvlces. W8 recognSse Ihat we need lo work hartl to make contact wllh those 0 need our s8r¥lc8s most and that Ihey often have a complex raryo of prob18ms. Invallably thls means that they wlll requlre hollsllc support, often reqUIng more than one prDgramme and needing 5UPPOrt over an extended perlod of tlma. We provkle 3 pnjgrnmmes whlch are deslgned to provide vAd8 ianglng servlc•s alrned at educAtlng, supportlng en(1 enabllng not only the thSldren Ihemselves, bul atso thelr parents and famllles, In 0er to Improva thelr Ill& chanc8S. IVA Your Fulur•: Slnce Aprll 2016 we have offed an "Unreglstered Altematlve Provlslon. (as deftned Sn the Department for Educatlon 'Arranglng Altamatlv8 Provl8lon February 2025,) for young people who need addltlonal support io attend school. It 59 an early Interventlon for puplls who may need an Inlerlm placement whlla Ihey ar8 on a reduced 8¢hool tlmalablo or not attendlng school. Schools r8ler puplls diieclly lo It's Y¢Jur Llfe. It Is not approprlate for puplls who requlre long term. speclalist pwovlsion and on average pupi15 spend no mor8 Ihan 3 months on the It's Your Future pwramme. All puplls remaln on their own school reglster. The prograrnme alms to build confidencé, pnjvlde family support and mÉxlmise educatk>nal achlevement. The quallty of our servlce provlslon Is malntslnad by us adhertng to our own detalled quallty assurance framework but 1$ deemed "unreglstered. ag we are nol followlng a nallonal reglslratlon Scheme or Inspecllon frBmework. The truslees consider raglslratlon would add addltional cosls for scant beneflts lo Ihe communlty we serve. Irs Your Chlld'• Uh: Supports parents, equlpplng Ihem with the tool8 needed to prepare thelr chlldren for success In school. It's Your Chlld'8 Llfe belleves that In order lo tackle under achI8ment for the poorest chlldren wo have to address Ihe poverty Ihat exlsls In the hom8. Thls Includes poverty of educallon and a8piralion. Our prfnclpal solutlon lo Ihlsls a 12-w*ek programme and thereafter varlous follow -up sesslons that give parents the knowledge, 8ttitud85, skllls and habits. along with support and confKlence lo tter their parentlng and improve their relalionshlps with their child's schaol. It's Your Communlty. Slrengthens ties belween different members of the communlty. ty teaching new skllls, encouraglng soclal ¢nterprfses and supportlng posltlve famlly arKI communlty Interactlon. Our experi8nc8 has shown that many members ol our ¢ommunlty possess skills that ar8 not often lapped Inlo. We address IhSs by pmvldlng classes and groups to develop existing and new skllls. We provkle Ihe facllities. support and expertise lo encourage famllles and Indlvlduals lo Interact Ihrough a number of dlff8rent proJecl5, or Indeed set up thelr own, whlch creal85 an Inclusive community. Thls enables and encourages adults to make posltlve conlributlons lo the communlty and become actively Involved In school and local community InIatIveS. Pag6 4
It's Your Llfe (A Chartty Company Umltsd by Guarantee, company number 05650451) Trustees. Report, incorporatlng the Directors, Report for the year ended 31 March 2025 Year In revlew Our vislon is to empower our communlty lo thrlve wlth accesslble arKJ Incluslve educatlon. For neafly 20 years, we have been worklng closely wllh our local communlty to develop and refine this offer. We serve a diverse communlty where many people asplre to Improve thelr lives. Yet. many communlty members face complex, Interconnected challenges-b811 unemployment, language barrler5, menial health issues, or soclal Isolallon. Addresslng these requlr8s more than quick fixe5; it demands targeted, suslalned support that recognlses Ihe whole person and thalr envlronment. Over the pasl year our dedicated team has strlved lo do preclsely Ihat-bulldlng Irust and off8rfng tallored support to maxlmlse the FM)tential foi lastlng, posillve change. Two years ago, we launched our very succ855ful Communlty EducatSon Zone, fiJrKl8d by the Nalional Lott8ry Communlty Fund. Our aim is to develop a comprehensive range ol programmes and $•rvices thal meet rnal, evolving needs. Our approach remalnB as relevant t(Klay as when we first started. grounded In the und8rstandlng that communlty development requlres patlence. commltmenL and a hollstlc per5pectiV8. Our bulldlng serves as a welcomlng space where people can come togelher to leam and connèct. Nelghbours of all ages, genders, natlonalitles, falths. and backgrounds att8nd Il's Your Llfa to access leamlng opportunllles and 8UPPQrt. The relationshlps we foster create a safa envlronment where IndSvlduals leel comfortable seeklng help for personal chall8nges-often lof tha first tSrne. Our Communlty Educatlon Zone reaffirmed our belof that hollstlc support Is e8s8ntl81 for communlty well4elng. Every Interacllon our 58Thlces offe¢s an opportunlty to urMdarJtand more about th8 people we support and to help thern develop thelr skllls and confidence. Ai our core. wa are dedlcaled to communlty, educatlon and klndnes8. We are deeply gra181ul for the vital support from our lunders and partner5. Thelr commltment 1$ mora Important than ever, especlally In a tlme when fundlng from local authorilles and schools rem8lng under slgnlficant Pressure, Th13 8UPPOrt not only 8UStalns cur current progrnrnmos bul Akno enables us lo Innovate and expand our reach. Whlle them Is always more to do, r8fi8ctlng on th55 pest year fills us wtth prlde and a sensa of accompllshmenl. D8splt8 the num8rous challenges faced by 5rnall charltles Ilke ours-lncludlng Ilmlted resources and Incf8aslng dernandur dedlcaled staff team remalns passlonate and motlvated. Every day. they are Insplred by the langlble dlfference they make-helplng IrKllvlduals forge new conngcilons, develop vltal sklllg. and c8lebral8 peraonal mlleslones. These achlevements relnforce our bellef In the Importan of communlty48d aducallon and remSnd us why our work contlnues to be so e$8entlal. Flnanclal Revl R•8ults for Iho •r The results of the perfod ar financlal poslllon of the charfty are SI¥ In the annexed financlal 81alemenls. The Statement ol Flnanci81 Aclivllles shows net expenditure for tha year of £30,682 and reserves of £159,554. T•nglble fix•d assets for us• by th• charlty. Flxad assets are sel out In Nole 8 to the accounts. R••eNo8 Pollcy The Trust888 conslder that a pollcy ol holdlng a mlnlmum of Ihree months Incom8 as a general f8serM Is approprfale for Ihe charlty at Ihe present tlme and In Ilghl of its present clrcumstances. Independent Examln•r The Independent ExaTniner, Anthony Armslrong FCA of Amthng & Co. Chart8r8d Accounlant and Statulory ALKlltor, ha5 indicated hi5 wlllingne3s to be proposed for ra-appointmenL Thls report has been prepared in accordance th the special provlsSons of Part 15 of th8 Companies Act 2006 re18ting to small compani8S. The financlal slatemenls were approved by the Board of Trustees on 10 November 2025 and slgned on Its behalf by: D Lewls Trustee Pag8 5
It's Your Llfe (A Charlty Company Llmlt•d by Guarantee. company number 05650451) statement of Trustees. Responsibilltles for the ear ended 31 March 2025 The Trustees (who are the direclors of11'5 Your Ufe for the purpose of company law) are respon51ble for preparing the Trustees, Annual Report and the llnanclal stalements In accordarKe wlth applicable law and United Kingdom Accountlng Standa$ Iunlted Klngdom Generally Aceepied Accountlng Practlce). Company law requlres the Trustees lo prepare financlal statements for each finandal year whlch g8 a In and falr vlew of Ihe slate of affalrs of the charflable company and of Its Incomlng resources and appllcatlon of resources, Includlng the Income and expendlture. of the charilable company for that period. In preparlng these financlal slatements, Ihe Tru518es are requlred to: a) Select sultable occounling polkies and apply them consl8lently; b) Observe the methods and princip18s in the Charlties SORP. c) Mok8 Judgements and estlmates thal ar8 reasonable and prudenc dl Follow appllcabl8 accountlng standards and 51alements of recommended practlce, subjecl to any malerl81 departure5 dlsc105ed and explalned In the accounts: and el Prepafe the fln8nclal sta18rnents on the golng concern basls unless It Is Inapproprfate to assume thal thè charltable company VAII conllnue In operallon. The Trustees are responslbie for ke8plng adeqvale accounlng records whlch d15close wlth reasonable accuracy al any1Sme the financlal posltlon of the charitable company and enable them to ensure Ihal the financlal staiemanls comply wllh the Companles Act 2006 and charlty leglslallon. They ara also responslbla for safeguardlng tha assets of the charflable company and henc? for taklng reasonable slep8 for th8 pr8V8nllon and delectk>n of fraud and olher Irregularille¥. Pwje 6
It's Your Life IA Charlty Company Umftod by Guarantee, Company number 05650451) Independent Examinerfs Report to the Trustees of It's Your Life I report on the accounts of It's Your Llfe for the perlod from 1 Aprfl 2024 to 31 March 2025. whlch are sel out on pages 8 to 16. Th15 report Is made solely lo Ihe Trustees as a body In accordance wlth sectlon 145 of the Charitles Act 2011 (the Chathles Act) and ragulalions made under section 154 of that Act. My examlnatlon has b88n undertaken 50 that I might stale lo the Trust88S those matters l am requlred lo stale to Ihem In an Indep8nd8nt examlnerfs report and for no other Pu05e. To lh8 fullest extent permitted by law. I do not accept or as8um8 responslbility lo anyone oiher Ihan the rnPany and the Trustees as a body, for my examlnallon, for thls f8POrt, or for the oplnlons I have fomed. Respectlvo responslbllltles of truste and examlner As described on page 6. the Twstees (who are also the dlrectors of the company for the purposes of company lawl are responsible for the preparatlon of the account5. The tharltvs Trustees conslder that an audlt Is not requlred for Ihls year under $8cllon 144 01 th8 the Ch8rltles Act and Ihat an Independenl examlnaJon Is sufficlent.The charfvs gr05s Income exceeded £260.OOD and l am quallfied lo undertake the examlnatlon by belng a quallfi8d member of the Inslllute of Chartered Accountants In England and Wales {ICAEW). Havlng sallsfied myself that the charity Is rt subject lo audlt under company law arKI & ellgSble for Ind8P8ndent examlnatlon, It15 my responslblllty to: a) examlne the accounts under sectlon 145 of the Charllles Acl: b) lo lollow the procedure5 lald down In the general Olrectlons glven by the Chorlty Commlsslon under sectlon 14515)(b) of tha Charltles Act; and c) to slats whether partlcular matter5 have rome lo my attentS0n. Ba•1• ol Independent examln•Vg statement My examlnatlon was carrled out In accordance wlth the general Dlrectlons glven by the Charity Comrnlsslon. An examlnatlon Includas a revlew of the accounllng records kept by the charlty and a comparlson ol the accounts presented wlth those records. It also Includes conslderatlon ol any unujual Items or dlsclosures In th8 accounts, and 8eeklng explanatlons from the Truslees concernlng any such matters. Th• procedures undertaken do nol provlde all the evldence Ihal would b8 requlred Sn an audll, and consequently no oplnlon Is glven as to whelher the accounts piesent a 'true and falr vlevl and the report15 Ilmlled lo Ihose matters set out In the statement below. Ind•p•ndent •xamln•e• slatament In connectlon wlth my examlnatlon, no matter has come lo my attenllon vthlch glves ma cause to belleve Ihal In, any materfal resp8Ct: 8ccounllng records were not kept In accardance wlth section 386 of the Companles Act 2006 Act, or the accounts do not accord wllh such record5; or thé accounts do not compty with relevant accountlng requlrements under secllon 396 of the Companles Act 2006 other than any requlrement that the accounts give a Yrue and falf vlew whlch Is not a matter consldered as parl ol an Independent examlnatlon: or the accounts have not been prepared In accordance wlth th8 Charltles SORP {FRS102>. I have come gcloss no other matters In connectlon wjth the examlnatlDn to whlGh attentlon should be drawn Sn thls report In order 10 8nable a proper underslandlng of the aGcounts to be reached. Anthony Arni8trong FCA Indèpendent Examlner of Arnlstrong & Co rtered Ac 48 Prlntlng Houso Yard Hacknèy Road London E2 7PR & Slalut Dated: 10 November 2025 Page 7
It's Your Life (A Charfty Company Umftad by Guarantee, company number 05650451) Statement of Flnanclal Activltles Incorporaung the Income and axpandlture account for the ear ended 31 March 2025 2025 Tolal Fund5 2024 Tot•1 Funds Unr•8trlct•d Funds Re5tr1cted Funds Notes Income from: Donatlons and leg8¢las Charitablo activitie3 43,187 139,650 43.187 277,989 3,823 175,815 138,339 Total Incom• 182,837 138,339 321.176 179,638 ExndIture on: Ralslng funds Chafltable actlvitles 21,713 33,748 21,498 274,899 43.211 308,647 41.816 319.327 Total oxpandliurn 55,461 296.397 3S1858 361.143 N•1 Incom•l(•xpendlturn) and movement In funds 127,376 (158,0581 (30,682) (181,5051 R•conclllallon of fvnds: Tolal funds brought forward 13 25.678 164,558 190.236 371,741 Totsl lund• rArrled forward 12 153,054 6,500 159.554 190,236 All Incomlng rnsources and resources axpanded are derfved from contlnulng activllle3. Th8 Statement of financl81 actlvltl8s Incarporales an Income and experKlllure account. Thè accompanylng accountlng pollcles and notes lomi an Integral port of th88• financlal slatamgnts. PagB 8
It's Your Life (A Charlty Cornpany Umlied by Guarantee, company Dumber 05650451) statement of Financial Postlon as at 31 March 2025 31 March 2025 31 March 2024 Notes Flxed assets: Tangible assets Total Ilxed asgel$ 127 137 Currnnt assets: Debtors Cash at bank and In hand Total current assets 60,506 105.702 166,208 110,506 76,933 187,439 10 Credltors: amounts lalllng due wlthln one y•ar 6,654 2,660 N•t curr•nt ass•t81(Ilablllth$) 159,554 190,099 Total nat a8t3 159,554 190.236 Th• funds of the charfty. Rastrfcled Income funds Unrestricted funds 14 15 8,500 153,054 164,558 25.678 Total charlty fund• 16 159,554 190,236 The dlffjotorn are Satlsfiod that Ihe company18 entlllad to axempllon from audll under Secllon 477 of Ihe Companies Act 2006 and thal no member or members have requestsd an audli pursuant to Secuon 476 01 the Compan189 Act. The dlreclors acknowledge thelr rosponslbllltles for. (l) ensurlng that thg company keeps proper 8ccountlng records whlch Comply wllh Sectlon 386 of the Companles Act 2006., and 111) preparlng tlnanclal slatem8nls whlch glve a true and falr vlew of the state of affalfs of Ihe charllable company as at the and of the Ilnandal year and of Its Surplus or doficlt for the finandal year In accordance wlth the requlremonts of Secllon 394 and 395 of the Companlgs Acl 2006, ond vthlch olheNlse compty wilh the requlremenls ol th13 acl relat5ng to accounts, so far as 8ppllcable to thg charltabl8 company. These fin8nclal statemenls have been prepared In accordance with the sp8cI81 provSsions of Part 15 of the Companles Acl 2006 relallng to small companles and the Flnanclal Reportlng Standard 102. Ilnanelal •tstem•nts wore approv•d by the Board ol Tnwt•es on 10 Nov•mber 2025 and •lgn•d on Its behalf by. D Lewls F Rahlm The accounung pollcles and notes on pages 11 to 16 lonn part of these accoun Page 9
It's Your Life (A Charlty Company Llmlled by Guarantee, company number 05650451) Statement of Cash Flows for the ar ended 31 March 2025 Notss 2025 2024 Cash flows from oparatlng actmtles: Net cash provlded byllused In) operatlng activities 28.769 34.775 Cash flows from InVlIng aclMlh8: Change In eash and ca•h equlvalents In tho rnportlng perfod Cash and cash •qulvalènt8 at th• b•glnnlng of th• reportlng pèrfod Cash and cash •qulval•nts at the ond of th• raportlng perfod 28,769 (34.775) 111,708 76,933 76,933 105,702 2025 2024 1) Recon¢lllatlon ol n•t Incom•ll•xp•ndlture) to net cash flow from operatlng acllvllleB Nel Incomel{exwndllure) for the reportlng perfod (a$ per tha 8latem8nl of financlal actlvllles) (30,682) (181,505) Adjustments for: Depreclailon chargas Ilncreaseydecrea5e In debtors Increagelld8cr8as81 In cradltors 136 50,000 9,315 533 147,525 {1.328) Not cash provlded byl(u••d In) op•rnllng aGllvltle8 34,775 2025 2024 21 Analysls of cash and cash equlval•nli Cash In hand 105.702 76,933 Total cash and cash •qulvalonls 105,702 76,933 Page 10
It's Your Life (A Charlty Company Umlted by Guarantee, company number 05650451) Accounting Policies for the year ended 31 March 2025 Bas19 of prnparatlon The financlal slatements have been prepared In accordance wllh: a) Appllcable UK accountlng slandards, Includlng Flnanclal Reporfing Slandard 102 Th8 Flnanclal Reportlng Standard appllcabla In the UK and Republlc of Ireland IFRS 102),: b) Accounllng and Reportlng by Charities: Statem8nt of Recommended Practice appllcable lo charltles preparlng Ihelr accounts In accordance with the Flnanclal Reporting Standard appllcablo In the UK and Republlc ol Ireland (FRS 1021 (effective 1 January 2015) . Icharltles SORP FRS 102): and c) Ihe Companies Act 2006. Publlc b•n•fft entlty The charitabla company meets the definatlon of a publlc bengfit enty under FRS 102. Golng concern The Trustees conslder that there are no malerlal unc8rtalnlles about th8 charflable compan5 ablllty lo contlnu? lo OP8ral8 and accordlngly the accounls have been prep8red on e golng concern basls. Ineom• r•eognltlon Incorne Is recognlsed when the charlty has a conlr8clu81 or other right to It5 TecelpL11 Is probabl8 that the IrKom8 will ba recelved and that the amount can be measured rnllably. Income wilh condbtlons attached to Its recelpt Is TecognlBed when those condltlons have been fulfilled. Grnnt Incame Is recognlsed on a recelvable ba515. Interest on fund3 held on deposll Is Included when receivable and Ihe amount can be measured rellabty by the Gharlty; ihls Is nOMllY upon nolificalion of tho Interest pald or payable by Ihe b3nk. Restrfcled Funds Restrlcled funds are to be used lor 8peclfled purposes as lald down by the funder. Dlrect and supporl expendllure whl¢h meets these crileria are Idendfied io the lund togelhgr wllh a lalr allocallon ol other costs. Unr•strlc¢•d Funds Unreslrfcted tunds are funds recelved whlch have no restr5ctlon5 placed on thelr UBe and are avallable 08 general (undg. Allocatlon of costs Costs are allocated dlrecuy to projects where they can be Identlfled as relallng Solely to that pwoJeGt. Other costs are allocated between the lund5 bad on 31aff tlme spent on the lund actlvllles or other Approprlalo critarfa. Penslons The charfty operates defined conldbulbn schemes whlch are admSnlstered by outslde Independent penslons provlders. Contrlbutlons payable for the year ara chapded to Statemant of Flnanclal ActlvStles. Tanglbl• Flx•d Ass•ts Tanglble fixed assets are ststed at cost less depreclallon. Depreclallon Is pmvlded at the followSng annual rates In order lo wrlla off each assal over Its esllmated useful Ilfe. Flxlures & equlpment Ilems of equlpment are only capltallsed thre the purchase prtce exc8ods £200. -25% on cost Page 11
It's Your Life (A Charlty Company Llmlted by Guarantee, Company number 05650451) Notes to the Accounts for the year ended 31 Pllarch 2025 1 Incomlng r•sources The Incomlng resources arKJ surplus are attrlbutable lo the princlpal aclivltl8s of the charity. 2 Not outgolng resources N8t Ourgng resources are sE8ted after charylng.. Independent Examlnerfs fee3 - reportlng seNlce IrKlependent Examlnefs fees - oth8r seNic8S Depreciation - owned a55ets 2025 2024 1,080 1,728 137 1.080 2,272 533 Trustees, •molumonts Emoluments Include salarles, f88s, bonuses, expense allovrances and estlmaled nonSh benefits recelvable. All Trustees serve In a volunlary capaclty and do nol recelve payment for thelr servlces. 2025 Total 2024 Total 3 Incom• from donatlons and legacles Unrestrlct•d Restrlcied Donatlonb 43,187 43,187 ,18 3.823 2025 Total 2024 Tolal 4 Incom• from charltabl• actlvltlos Unr•8trlct•d R•strlctsd Charitable seprflce5 Grnnl Income 121,350 18,300 121,350 156,639 96,000 79.815 138,339 13 2025 Total 2024 Tot41 5 Exp•ndlturg on ral•lng fund$ Unr•strlct•d R•strlclod Fundralslng consultancy 21.713 21.498 43,211 41,816 21,713 41,816 21, 2025 Tolal 2024 Total 6 Exp•ndlturn on charftablo actlvltl•$ UnfeStrfct•d Restrlct•d Staff salarfes & costs Project dellvery Project malerial8 PleCt equlpment Volunteer expense3 Admlnistratlon support staff tralnlng & welfare Travel & subslstenco Rent & services Office costs Insurance Bank charges Independent examlnerfs fees Accountancy & payroll costs Depreclatlon 2,444 260,879 1,197 2,829 263,323 1.203 2,843 1.074 8.640 13,013 1,040 1,035 10,008 2,170 1.160 278,418 727 1,898 14 1,074 43 13,013 1,040 1.035 10,008 2.170 1,160 194 1,080 331 138 8.597 4,930 16,329 1,088 798 8.008 2,503 1.100 187 1,080 1.728 533 319.327 1,080 1,728 136 308.647 1,397 33, 274.899 Page 12
It's Your Life (A Charlty Company Llmltad by Guarantee, company number 05650451) Notss to the Accounts for the year ended 31 March 2025 7 Staff salarfes 2025 2024 Salarie5 Soclal securlty costs Penslor 237,778 21.268 3,136 252,444 22.329 3.645 .41 Averag8 number of employees durlng the year was: Average number of FTE employees during the yearwas: No remunafatlon YMS pald lo any Truslee or thelr assodates for service5 a5 a Trustea during Ihe year ended 31 March 2025 nor to 31 March 2024. Empfv)yees pald In excess of£60,000 durfng the current yaar and pr8vlous y&ar: Flxtures & aqulpment 6 Tanglble flx•d a•Mts Total Cost As at 1 Aprfl 2024 4,627 4,627 A8 al 31 March 2025 4,62 4,62 D•prnclatlon As at 1 Aprll 2024 Charge for the year 4,490 137 4,490 137 As at 31 Mah 2025 N•t book valu• A8 at 31 March 2025 As at 31 March 2024 137 137 9 Debtorn: amounts falllng du• wlthln on• y•ar 202S 2024 ACced Income 60,506 60, 110,506 110,506 10 Bank and cash In hand 2025 2024 Bank current account Petty cash 105,668 76,899 34 76,933 105, 11 Credltors: amounts lalllng duo wfthln ono par 2025 2024 Staff expenses Payroll laxes Penslon Ilabllltles Net salaTles 14 7,199 713 1.272 6,654 14 19 2,728 .660) Page 13
It's Your Life {A Charlty Company Llmfted by Guarantee, company number 05650451) Notes to the Accounts for the year ended 31 March 2025 Openlng balanca ReJourc•s arlslng R•4ourc utlll•od Closlng balanc• 12 Tho funds of the charlty: current year mo¥em8nts Restricted funds Restricted Income funds tiicl d fvn General fvnds 164,558 138,339 (296,397) 6,500 25,678 182,827 21,17 55,461 51,858 153,054 Op•nlng balanG• R•iourc•g 8rf8lng R•3ourc•g utllljod C1081ng balanc• 13 Th• funds of the ch8rlty: prlor y•ar mov•rn•nts Res R¢slrlcted Income funds 272,830 74,371 (182.643) 164,558 General funds 98,911 371,741 105,267 179,638 178.500 (361,143) 25.678 190,236 Opanlng lanc• Incomlng rn8our¢•A Tr•Mf•rn & •xp•nd•d galn•l(losus) Closlng b•l•nc• 14 Rostrfcted funds: curr•nt p•rlod Cladon Fur•S Emest Cook East End Communlty FourKlallon Hedley Foundallon L8wln Trust Nallonal Lottery Peter Stebblng Ralhbone Invostment Management Tom's Trust Muslc for all UMUK Vlnlers Wak&field & Tetlay 4,820 4,820 14,558 4,000 2,000 5,000 242,739 5,000 1,500 8,000 500 5,000 3.280 6.39 14,558 4,000 2,000 10.000 92,739 5,000 1,500 8,000 500 5,000 4.780 s,000 150,000 1,500 Op•nlng b•lanc• Incomlnq ourc•• R•¥ourG Trnn•l•r• & •XP•Dd gaIn(la**•9) Closlng bahn¢• 15 R••trfct•d funds: prlor p•rlod Clark)n Futures Coball Houslng BBC Chlldren In Need Emest Cook Ironmongers Natlonal Lottery Scfewfix Save the Chlldren Tallows Chandlers Company 9,710 12,500 9,691 14,558 4,500 9,710 12,500 14,191 14.558 4,500 103.772 4.5(K) 8,112 10.800 4.500 14,558 14,558 253,772 150,000 4,500 8,112 10,800 164.5 Page 14
It's Your Life (A Charlty Company Llmfted by Guarantee, company number 05050451) Notes to the Accounts for the year ended 31 March 2025 Restrlcted fundx {contlnued) Prolecls financed by restrlcted funds are 5UPPOrted by un51cle furKllng where necessary. Thls occurs where the fundlngls In arrear5 or Ihe Incidence of expenditlire on the project occurs dlsproportlonat8ly at the beginnlng of the project compared lo the Income flovts. Where festrfcled projects end the year wlth a daficll. thls Is met by after year-end restrlcled Income or transfers from unrestrfctsd funds. Clarfon Futuras Cobalt Housln BBC Chlldren In Need Ernest Cook East End Commun Hèdl Foundatlon Ironmon Lewln Trust Natlonal Lott• P•t•r St•bbln Ralhbon• Inv•8lm•nt Ital Skllls for Communl It'5 Your Chlld's Llfe Lfvefpool courses Menloling - It's Your FUre To provKle a part time outdoor educailon t8acher Work with un people - WeHbein and Reslllence. Menloring Pro ramme. CALMER Programme- It's Your Future 2 ether programme. Fundi for Communlty Educat5on Zone Work wllh paren151o Improve maths. Support for par8nts and famllies on Irs Your LSfe's Comrnunl Improvements to classroom It's Your Chlld's Llfe 2geth8r Course Annual donatlon for a art Ilme mentor for CALMER Pro It'5 Your Chlld's Llle London. Muslcal Instwmanls. 8reaklng down barriers In educatlon. SEN su part - CALMER programme. EducatSon Zone In LIv8rpool.+ Save the Chlldr•n Tallovm Chandlern Com Tom's Trust Muslc for all UMUK Vlntorn Wakaflètd & Tot ramme. Ganernl D•8lgnat•d fundi funds R•8trf¢ted lund8 Endowm•nt fund8 16 Not U8•ts attrlbutable lo funds: curronl p•rlod Total Current assets Current Ilabllllles Nat assets r8presented by fund$ 159,708 6,654 6,SOO 166,208 6.654 159,5 6,500 G•n•ral D•slgnatod lund8 lunds R•strfcled Endowmont funds fund8 17 N•t a•s•ts •ttrlbutabl• to funds: prlor perlod Total Tanglble fixed assets Current assets Current Ilabllllles Nel assets represanled by lunds 137 22,881 2.680 25,6 137 187,439 2.660 164.558 4.558 18 Tax•tlon The company Is a reglslered charfty. Accordlngly, It18 exempt from laxatlon In rBspecl ol In¢ome and ¢apllal galns to the extenl th81 these aro epp118d to Its charftab18 o*cts. 19 Post balance shegt events There were no slgniraDt P05t balance sheet events. 20 Contlngont Ilabllltlo5 Except as dlsck)sed 81sewhere In the Penslons accountlng polky note, the charitable company had no material contlngent Ilabllllas al 31 March 2025 nor al 31 March 2024. 21 Related partles During the year paymenls lolalling £38,000 (2024: £32,680) were pakl to T Bames In repspecl of fundraising (£17,600) Health and SafetylBullklng Managment (£9.600> and Teaching { £11.200). T Bames is the partner of J Bames CEO. Page 15
It's Your Life (A Charlty Company Llmlted by Guarantéè, company number 05650451) Notes to the Accounts for the year ended 31 March 2025 22 Transa¢ilons wlth tNsteo$ There were no material transacllons th Ihe trustees durfng Ihe year. 23 Gllts In klnd and volunteers Durlng the year the charltable company beneflted from unpald Vrk perfomed by volunteers. 24 Company status The company Is limited by guarantee and has no 3h8re capltal. The guarantors Ilabillty in the event the company Is wourKI up Is restricted lo a maxlmum of £1 each. Page 16