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GRAFf THAMES VALLEY LIMITED (A registered charitable company limited by guarantee) Report and Accounts Contents For the year ended 31 March 2025 Page Information Trustees annual report Independent examiner's report Statement of financial activities Balance sheet Notes to the financial statements Detailed statement of financial activities 11
GRAFT THAMES VALLEY LIMITED IA Milsl•f•d ch•rliabl• company Ilmll•d by iU•f•ni••l Company numb•r 06021004 Ch•rlty addrn•• Graft Thume8 Vullley Limll•d 84 Queens Road Reading RG14BW Charltabl• •tatu• GrAft Thames Valley Limlled 1$ re9lslerod wllh lh• Ch•flly Comfflli•lon The charlly regislrallon number Is. 1119388 TN•t••• Rev Paiilette Falconer (Chair} Hilary Danelian Katherin8 Gf810 Michael Hodges L8kshika Khullar Suzanne Robson 8ank•r• CAF 8onk Ltd 25 Kings Hill Avenue Kings Hlll Wesl Malliing Kenl ME19 4JQ Ind•p•nd•nt Examln•r Julian Ansell FCCA 19 Brooklyn Drive Emmer Green Reading RG4 8SR
GRAFT THAMES VALLEY LIMITED IA registered charitable company limited by guarantee) Trustees Annual Report For the Year Ending 31 March 202S l am pleased to present the Annual Trustees, Report for Graft Thames Valley Limited for the period ending 31 March 2025. This report reflects the dedicated efforts and achievements of our charity in enabling pathways to employment for those disadvantaged bv circumstances. Overview Graft Thames Valley continues to make a meaningful and lasting difference in the lives of individuals who face barrier5 to securing and sustaining employment. During the reporting period, we supported 199 individuals through our tailored programme5 - including training, group sessions, and one-to-one guidance - helping them to build confidence, develop skills, and move closer to meaningful employment opportunities. Programme Achievements This year saw the successful launch of our new Work Experience Programme, designed to bridge the gap between job readiness and real-world employment. The programme has already delivered outstanding results, offerin8 beneficiaries valuable placements with local employers and fostering inclusive recruitment piackn'ces across the region. To strengthen this initiative, we invested in a new staff member dedicated to developing and managing Work Experience activities. This Strategic decision ha5 already enhanced our engagement with employers and expanded opportunities for our beneficiaries. We are proud to report the followin8 Outcomes from our work this year: 41 benefi'ciaries progressed into meaningful paid employment 16 beneficiaries moved into regular volunteering roles 10 beneficiaries successfully completed a structured work experience placement These achievements reflect the hard work of our staff. volunteers, and partners, and demonstrate the continued relevance and impact of Graft Thames Valley's services. Flnanclal Performance A5 in previous years. the funding environment has remained highly competitive. The Trustees made a conscious decision to invest in our future by recruitin8 an additional staff mernber to lead our Work Experience Programme. Whlle this resulted in a planned deficlt of unrestricted funds of £6,260 for the year, It represents a strateglc use of reserves to support growth and long-term sustalnablllty.
GRAFf THAMES VALLEY LIMITED (A reglstered charitable company limited by guarantee) Trustees Annual Report For the Year Endlng 31 March 2025 Financlal Performance (continued) We close the financial year with unrestricted funds reserve of £16,291 and restricted funds reserve of £14,559 which, together with a caseload of 54 active beneficiaries, ensures a strong foundation for the year ahead. Funding applications are in progress to secure dedicated support for the Work Experience Programme and to sustain our core services. Looklng Ahead Demand for our services remains strong, and the Trustees are confi'dent that Graft Thames Valley is well positioned to continue delivering life-chan8ing support. By building on the success of our Work Experience Programme and maintaining Strong partnerships with employers and funders, we look forward to another productive year empowerin8 individuals to achieve their full potential and move towards fair and fulh'llin8 employment. Rev. Polly Falconer Chair of Trustees 28 November 2025
GRAFT THAMES VALLEY LIMITED IA re8iStered thariiable fompany limited by cuaranteel INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES This report is on the accounts of Graft Thames Valley Limited for the year ended 31 March 2025 which are set oui on pages 5 to 10. Responsibilities and basis of report As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145 {51 (bl of the Act. Independent examinerfs statement I have completed my examination. I confirm that no material matter5 have come to my attention in connection with the examination 8iving me cause to believe that in any material respect: the accountin8 records were not kept in respert of the Trust as required by section 130 of the Act; or the accounts do not accord with those records- or the accounts do not comply with the applicable requirements concernin8 the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 21K)8 other than anv requirement that the accounts give a'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. J M Ansell FCCA Chartered Cenified Accountant 19 Brooklyn Drive Emmer Green REAOING RG4 8SR 13 November 2025
GRAFT THAMES VALLEY LIMITED IA wlst•rnd charttabl• compthy Ilmiiod tyy iu•r•niMI Statement of Flnancl•l Artlvltles for the year ended 31st March 2025 Unresiriaed Funds Rsirirted Fun(ls Tthal 2025 Total 2024 m¢ Incomlnl r•soyrr•s trMI ynof•ied lunds Voluntary incorne Invesimeni Income 2.825 35.812 38,647 62,015 52 Inc¢>rnlni vsourc•s Ivom thadtable Ktl¥llles Pro8ramme Tot41 incornini resources 11,223 14,134 11.223 49.956 14,580 76,647 35.822 R•50ur(•5 txpendtd Charitable artl¥liles Pro8ramme Go¥ern•rKe cons 20.(B4 45.? 65.101 51,OY Ial resoucts expended 20.394 45,CA17 65.401 Sl.394 Net Incomin8 1 IOut8thn81 iesources for the year 16.260 19,1851 115.44SI 25.253 Fund balancè brought foTh¥ard at l Ayil 2024 22.551 23.744 46,295 21.042 Fund transfers Balance carried lorwafd ai 31 March 2015 16,291 14.559 30.850 46,295 All ol the above results are deri¥*d Irom tontsnuin4 arti¥ities. The notes on pages 7 to 10 tofffl Part of these finonci•l $ere
GRAFT THAMES VALLEY LIMITED IA rrylstered tharitsble cornp•ny Ilmlled by IrnnIee) Balance Sheet at 3151 March 2025 Note 2025 2024 Currenl A55ets Debtors and prepaymenis Cash at bank and In hand Toi31 curreni assets 6,363 25,615 31,978 14,627 33.381 Creditors- amounts fallin8 due within one year 11.1281 {1,7131 Net assets 30.850 46,295 Fund5 of the Charity Restricted Unrestricted io 14.559 16.291 22,551 23.744 Totsl Funds 30,850 46,295 The Trustee5 consider that the company bs entitled to exemption from the requirement to hawe an audii under 5ecrFon 477 of the Companies Act 2(1)6 and that members have not required the company to obtain an audit in accordance wrth 5ecrion 466 of the Art The Trustees acknowledge their responsibilrties for complying with the requirements of the Companie5 Act 2(M16 with respecr to accounting records and the preparation of accounts The financial statements have been prepared in accordance with the pro¥i5ions in Part IS of the Companies Act 21)06 applicable to companies subjea to the small companies re8ime These accounts were approved by the Trustees and signed on their behalf. Mrs P Falconer 28 November 2025 The note5 on pages 7 to 10 lorm part of these financial ststements
GRA THAMES VALLEY LIMITED IA £hwiubl• cMwn¥ ¢lmit•d Not•toth• SAby•y w 11 Mirth 2025 Tht I1 pokn h•¥e been us¢d fft de4&rthi1eMs ate ¢ffideryd In rElitlOn io ihe c.5 fiTranCl st•itrntThis •1 C•rnp•n¥ Ilmk•d b¥•uw•nM• Tht(hanty is a C¢NmP4ny limiied by8uriNi•e •Thd Chinty. EKh Mem% btr IlrNied io •Th amouni exceethi Ci kn ihe e¥eThi DI th• (h#Ky bl The ictourf¥ bryn w¢pw¢d In Ino AeportJn4 by CknM¥. Siaiemerli of ftffommended PwaLiice io thani% wep•nr4 iknr accoiwiis ITh X(4ydKKe th the F¢fiancial AwrtiN Starth appbIt A•p¥bhr ol IFR5 10114frd Cthw%Aci Th ¥c(ounis h•v beeh io 8N¢ * Iny vw h4wdep4rted frm ihÈch•nl IA((owits Ind Rtponsl Regul4iions 2C¥)S to Lht exieni rvquired its provide •'In l•11,1. Th dep•rt¥rv h ¥ofved1011O¥48 Aci¢>uniiw Jnd R¢portiry bv c1111% prep•nnd attouDis in tdanc•Mlh Ihe Financ1 R•poniry ipWI(•bl¢ Ifi ¢ht UK •nd Aew of ifelwKI ISPS 10211sswd 16 2014 iittrF thin Ihe Ar(ouniini Reporyinl by Ch•nis 5t4twbKni ol Pfxtxt I1 114 2LK15 which Mn( bton ¥thd1 Th• Ch•nty hbst•th •dOp1 l % Tht chanty rnttts the defmitV4 01 • pubhr btnelrt enkniyundw FR5 102. $rtI Inrti•btie% wt Irw•I r•ty8r5l ai $10£01 CO>E N iranucuan ¥•lue ut>s oihe(ttesia¢•d m the rdev•i •l(n11Tl polky not•. After eIne5. th¢ TN5tee5 havtra expeci1i ih•i tht •dequ41t rtsouiC to continue Its aciMiie5 I¢M iht Iee•Ie lutwt. [Old1r4 IPy io •¢1 ihti¢xN %4 prep•nN ihe In(l siatements 15 iht St•itme•i ol Tw51•ts ReJpW10fi9 3. by FAS 102 nO ihe SORP FRS 102 iheie51•1emeAt •lcts)w1411rt termi •% rry1. TrTnuiffs We ol iht i1 nO$hI•l0ffler reqthrtd. ad1 •ppareffl from sources. The esiknaknon N5torKal esiim•i•b. The e51thaies ind undEty SUrnPikns r¥iwtd on In 8¢1 bbii%. Rtyiyonsttl esiim•¢•s •re r•cryrtsed rbe perlod e5tm•tt ih• r•¥ID •llotts Ih•t In ihe penod ol rtvlskn and l¥¢u wnods rt Irent •Thl pUdlI the •ffctsthvJwr 4Th1 I¥re pvlodi. In rhe ¥wol Tw%teeK Iht lututhty e5tmtkn wKen¥nty th• •M•tJ Ii•blllkn•i thi b4knnc• d w Iilth to rtsdt m • MIte1•dirM1ftt ioihdr
GRAFT THAMES VALLEY LIMITEO IA i•ilst•i•d ch•rlt•bl• cofflp•ny Ilfflh•d by #wr•ni••l N¢i•s lo th• Fln•n¢ll Sthi•ffl•nti Y••r w 31 M•fth 1025 l Acu)untlni pollcl•J Iconilnuodl Incom¢ Rco8nltion of Incoming Pesour¢ These are Included In the statemeni ol financial artivblies wthen.. the chirily beMe5 enliiled to ihe resourcti. lh tlU5tees are virtually cenaln that Ihey will iecelvt the resour$.. and the monel4ry value can be mea5Ufed wilh rasonable xcura¢y. Graftis and donations Gr•nis •re only incluoed In ihe stJtem¢ni of financial aaivities when the ¢h•rrty his uncondiiion•l eniitlement lo tht rtsouictt siand•ids. Gihs klnd Glfts In klnd are accounted lor when receiva. ai a reasonable eit1rn4tè ol thelr Alue io iht Chaiilv. In¥esiment income 8ank and buildin8 soclety Intefesi Is Included In suiemtni ol Iinanclal ldwsiies when ihe initresi la115 due EXpendItu and Il•bllllSes Liabiliiies ale feco8nistd as soon as ihere is a l8al or c¢nstfucli¥e oblli•iion commininB the thaffty to p•y ty41 resources. In pr¥ious years GIN¢rnance cosis (costs assoclated with meeiing ihe consiiiUiK>nal and $ul0ry requirements ol ihe Charity. Ihe Independeni £xamlner lees and costs in respetT of tht siritrfK manaaemtni of ihe Chaiityl were shown separately In the Siaiement ol Financial Aaivltles. To comply wrth Chaiiites SOAP FAS 102 Governance cosis have been Included within charltablt •aiVllbes as an element of other support costs. hl Fl¥ed •5 Assets over E2CQJ are c•plL)Ilsed ind deweCiai o¥ei thelr estlmated lryes. A95eis cosiine less ihan £2.(¥X) ère wrfflen off lfi ihe yeor of acqulsiilt)h. D•pittl•fl4)n Deprecièiion Is prowded ai the followin8 rates in order to wriie off the asseis 4)vef thwr tstlmlted useful lives. IT Equipment and lurnilure . 3 yeafs Stfaleht line Fund •ccounilni Unrestricled fu15 be used in ac£rydah¢e with the th4ritsble obiertin •1 the dls¢relion ol the frusiees. Restflcted funds only be use(1 lor partkular ruiflrted purkws ¥Aihin the objerts ol ihe ¢hanty nd as defined the donor. ewr¥•i Oblrtl¥•s: Nnandal St•blllty: Malnta5n reserves at a level ihat ensures the OT8anlsatlon can contlnue operatkl and meet its financial obli8ations durin8 rimes of economic YertaInty or unexpected ffftancial challeft8es. 5trt• Inv•stffl•n¢: UtS1ise reseThe5 Strateiically to Inves1 in or8anlsational irowth. Inn(Y4atlDn, and sustalnabillty. ali8nin8 wlth the lon8.lerm goals and misSn ol the chrlty. fllsk Manairyment: Mltlgate rlsks associated with fluttu•ilonJ In InccKn•. UneXPert eXpn chan8e5 In extemal factors that may imp•rt the flnancl•l health of th• orpnlutlon.
GRAFT THAMES VALLEY LIMITED IA rIstered th•rltable axnTrY Ilmlted by ¢u•r•nt¢el Note5 to th• Flrtanci•l Ststernents Year to 31 Mwth IOIS Ac¢4)untln8 polldes Iconttnuedl Reserves Taryet: Graft Thames Valley aims to maintain reserves equivaleni to ai leasi 3 months of operatln8 empenses. Th15 tar8et will be periodically reviewed and adjusted a5 necessary based on the or8anisation's financlal needs, risk a55essmeni. and strategic priofilies. Use of Reserves: Emeritncy Sliuatlons: Reserves may be utlllsed io addres5 unfoieseert emergencies or ulses that threaten the tontinu5ty ol operaiions or the ability to deliver pro8rammes and seThices. Proir4rnme Expanslon: Reserve5 may be invested in eMpandin8 eNistin8 pro8ramrnes or launchln8 new initiaiives ihai ali8n wlih ihe charlty's misslon and siraie8lc objectives. C•pltal EMpendlture5: Reserves may be used to fund capiial expenditures, such as equipment PLbrchases oi lacility Improvemenis, io enhance ihe or8anisation's capacity and effectivene5S. Incorne Sl•bilisaiion'. Reserves may be deployed to 5tabilise income during periods ol fluctuJtlni revenue or UfteXpetd declines in fundin8 sources.
GRAFT THAMES VALLEY LIMITED {A rrylil•r•d ¢hirliabl• c+Mw•ny Ilmbi•d by •[•1•) Noi•i io th• Fln•nd•l 5i•tem•nls Y••1 ¢0 JI Ma¥th 20ZS 2025 2014 Vo113ry Income supwI tralnlw ¢ourss •nd •rthl1$ The Earley Chanry Readin8 Borou8h Council People'5 Post Code Lonery Univefsiry of Readin8 Berkshife Community Foundaiion 818 Lotiery Grani Groundwork Oonation5 Is.c( 13,51 14.412 l.(A)2 19,994 28.104 417 62.ols 325 38,647 In¥stment Intom Deposit account intefesi Inwnin¢ re$wrS from £harftable l¥bIl¢S 8tarknell Foresi Council Exchequer Service5 Iwtst Berkshife Councll) Univer51ty ol Reèding 11,223 14.580 11,223 14.580 Independent e¥amJnation fee 3C 3) Nei Incofflin¢ I resources Net resovrces are staled after ¢TIlg. CAher operating leases During the yeèi the Iharity received ovei 41)) hour5 of support from Trumees and Volunteer Tnlee$. rembjrwatlon. beneffts and expenses There were no iru5tee5' rernuneratn, expenses benefits for the year ended 31 Mirch 2025 nor for the year ended 31 March 2024 St•ff tosts Wages and salanes Social security Costs 51,255 36.688 51.255 36.688 The average monthty number of employees during the year was a5 follow5.. Operations Cfeditors. Amwnts thlthln one y• Trade credltors Social security and other taxes ¢rued èxpense5 828 1.232 I.IZ8 1.713 io Mo¥em•nt In Funds Asat In¢omin8 Outgoi Fund l Awll 2024 Resource5 Resources Transfer Asal 31 Marth 2025 Reslrkted funds Unrestrkted Funds- pner•l fvnd 23.744 22.SSI 46.295 35.822 14.134 49.956 145.(K)71 120.3941 165,4011 14.5S9 16.291 30.850
GRAFT THAMES VALLEY LIMITED IA wlii•r•d th•rlt•bl• comp•ny Ihlt•d by i¥•rnnie•l Detalled Slalement ol Flnanclal Actlvltles lor Ihe year ended 315t March 2025 UniesirKied Ae5tria¢d Funds Furds Tot•1 Toial 2015 2024 Incomini resources from generaled funds Voluntary In(offl• Donaiion% Tr•inini coJryes aftd icti¥ilie5 325 325 38,322 38,647 417 61,598 62.015 35.822 35,822 2,825 Inv•Jlmeni Incom• Deposil accout71 Iniertst 86 52 Incomlni tsourtei from ch•rlt•bl arthltloi Contr•cis 11.223 11,223 14,580 Toial Intornl resourcts 14.134 35.822 49,9S6 76.647 Aesources expended Ch•rii•bh Ktl¥l¢l•• W•g••. Mbrl• •nd ¢>th•r co•1• Wages •n¥ salar5 Sos%onai work• mployerf$ Peno11 &ll Iraining •nii *llF• 3,275 45.(X17 48.282 31,927 998 2,820 943 1,777 1,196 1,777 1,196 Car. vAn •nd tr•¥•l •xp•rw Tr8¥el subsisience & meetin9 LY>S 878 878 1,372 R•nL r•t•• •nd pow•r Ronl. 119hl and n••i 5.334 5,334 4,958 T•l•phon•. la¥. •t•tlon•ry and oth•r offl¢• t1• T•knplion• •nd Iniemei COmp•r costs 623 623 716 A¢lv•rtl•lng •nd bu•ln•M •M•rt•lnm•m Prlntlft& stationery and Éeneral office costs Advertising and promoiion 1.139 1.139 174 Accountsncy, l•g•l •nd othw prol•••lon•l l••• In5tsrance Licences and 5ubstriptions Bank charles 634 $05 634 505 522 495 Oih•f butyln• •xp•n• Independent ewamination lee Other legal and professlonal Equipment expen Sundry expenses 4,635 4,635 4.2fA) 835 226 Yotal rtsour¢ts expended 20.394 45.(K17 65.401 51,394 N•t Income I l•xp•ndlturnl 16.2601 19,1851 115.4451 25.253