Reglstered number: 08198052 Charfty numb•r: 1120322 OMEGA- ENDING ISOLATION. ENDING LONELINESS LTD (A company Ilmlted by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 WR Partners Prote¢ling Vouf future.
OMEGA- ENDING ISOLATION, ENDING LONELINESS LTD {A company limited by guaTrnlee CONTENTS Page Rgforgnco ond admlnlstratSv• d•tall$ of thg Charltabh Company. It6 Trustees and advlsers Tru*t•o¥' r•port Indeynd•nt •umlnrf• r•port Stat•m¢nt of flnanclal •cllvltl•s 10 B•l•nc• sh••t Not•$ to th• Ilnanclal •14t•m•nt• 13-25
OMEGA- ENDING ISOLATION. ENDING LONELINESS LTD (Acompany Ilmtt•d by guar•ntwl REFERENCE J4D ADMINISTIIATlliE DETAILS OF THE CHARITABLE COMPANY. ITS TRUSTEES AND ADVJSERS FOR THE YEAR ENDED 31 MARCH 2026 Trust Llnton Waters. Chairman Christine Dawes. CBE Da1 James Inderyri Singh Glll Ireslgn•J 29 April 20251 Susan Barber Hariinder Dc1 lapwntad 14 April 20251 Rlehgr4Y Dunhlll18ppoint8d 3 Marc* 20261 Hugh Frost18ppointed 28 Novemb8r 202SI Compory r•glst•r•d numb•r 06196052 Ch•rfty r•glst•r•d numbor 1120322 R•gl8t•r•d offlG• London Hou8• Town Walls Shrewsbury SY1 ITX Account•nt• WR Partfters Chartered A¢ox4n¢8nts Belmont House Shrewsbury Business Park Shrewabury Shropshlrg SY2 6LG Pag8 1
OMEGA- ENDING ISOLATION. ENDING LONELINESS LTD {A company limited by guarant8•1 TRUSTEE5' REPORT FOR THE YEAR ENDEO 31 MARCH 2026 The Trustees present thotr anr4Jal report tOJ8th8r wth th6 financial statements ol the Charitable Cunp8ny for the year 1 April 2025 to 31 March 2026. The annual report Se85 the purposes of both 8 Trust8&8' report and a directors, report und@r company law. Thè Truste8s confirn tha¢ the annual r8POrt and financral stalemenls of the Charitab company complywith the current slalutory reqUirnents. the requirements ol the charitable companls goveming documenl and Ihe provisiS of th8 StatemÈni of Recommended Piactice ISORPI applicable to charities preparing their accounts in accordance ¥wth the Financial ReportTrng Standard applicable In the UK and Republic ol Ireland IFRS1021 leffecbve 1 January 20191. Slnce tho Chailtauie Company qualKies as small urKJer sectiL)ri 382 uf ilie C11$)111s Ail 2006, the otrale91¢ report requirod of medium and large companies under the Companies Aet 2C¢)6 (Strategic Report and DirecloTS' Report) RegulalioTrs 2013 has been omitted. OblgCtIv85 and actlvltlos Poll¢l¢$ And obJ•clJv•s Omega is a small charity wlh a blg mission- to Conned and support people tho fe81 alone. We bring hope and connection to people who lind rt difficult to access social opportunjlies outside the home. Wg match each cllenl th a dedicated befriender, allowiThJ tx)th io enjoy regular sockryl contact and fri8ndship, and provide support to help clients build independence and re"enCe. The charity's obj'ects are lo Drk towards ending social Isola1n and the detrimonial effects of loneliness amongst 8dults. In selling objecteS and planning for acliwiies. Ihe Trustees have glven due con8ider811on to general guid8n¢s published by the Charity Comrnisswi relab'ng to puNic benefiL induding the guidance 'PU1t benefit.. running a charity IPB21'. b. Actlvltl88 undertaken to o¢hiev¢ obj8etlv•s The Iibj'éctiS listed below directed our activities for tho y&ar belng reported.. work wth a wide range of s41 rèferrers to thnlfy adults sufferin9 from the effects ol bneliness and soual isolation; provide person8lwed befriending and SUPFJI seThs by teleph(. mBil and scKial media., estsbllsh and svpport groups to meet F1clY u by other means lo address issues 8SSOCkqted wth Isolation and lor1$. cdlaborate wlh othei agenc$ working to sirnilar ends to ènhance Pfovision and effe¢tiven8SS. Omega alms to help people to facA thè challènges associated wth soci81 isolation and to ease the Impact of loneliness. Mtrst Omega clients have complex needs and have been overlook8(I by others. Increasingly, th8lr condition5 are exacerbated by drfficulties liTrked to frail physiGal or rntrntsl health. Working wth an increasing nvmbw of refeTf8rs. KJ•ntrfy clients and encixjragè them lo come forward to get the help Ihey need. We assist them io help thernselves 3nd aayS aim io exlend irKlependence. We recruit. train and support a wde sp8ctrum of volunteers who operate our inlervention programme5 working direclly bfrith client5. They are supp)rted bya small leaffl of officfrbaSj employees most of whom are part-lime. Page 2
OMEGA- ENDING ISOLATION, ENDING LONELINESS LTD IA company Ilmlt•d by guarantee) TRUSTEes' REPORT ICONTINUEOI FOR THE YEAR ENDED 31 MARCH 2026 ObJ•ctIV and actlvltl•i {contlnu•dl c. Maln a¢tlvltl•8 und•rtak•n to furtherthe Charfiabl• Comyn$ purpoM¥ tor th• publlc ben•llt Our core support programmes c4Jmprise". Chatterbox- a t•lephone belriending servr %thith links suitable clients wth train volunteer befriendgrs vtho malntsin weekly telephone conversations for a minimum ol slx months. LetteOx- a free pgn pal l)efriending kh connocts wlunteers V+th Glients prefer to maintstn coniacl writt¢n c¢mmw)icali$. Pupll P8b- 8 free service in vthich scci811y Isdgw and bnety dkn18 rec•ve regular c8rd8 and picturé8 made for Omoga by crfjative prim8ry sthcd thildren. When appropriate, w8 lIS19np0$t In no&J to 0th8r srS for addmonal $uppo¢ 1¢h may b• from thln Omg9¥ or 818evthère. The charfty 13 ftJnd&J by grants. don81kn8. ¢ontracts artd communlty fundrairj actity. Pago 3
OMEGA- ENDING ISOLATION, ENDING LONELINESS LTD (A company Ilmlted by guarant8•1 TRUSTEES. REPORT ICONTINUÈUI FOR THE YEAR ENDED 31 MARCH 2026 Achl•v8mants and performanc• a. Maln achlévements ol th ¢harftabl• Company Implementlng the Omega m1s51on During the year 527 volunteèrs supwrt8d our rk, includin9 deliveriThJ the m8jority of our fronl-line ServIS across the UK. A high prowrbon ol our volunteers have maintaine¢J their commilment lo tho Charity over many years, for wttich we are trufy gTalelul- we remain indebted lo them all. Durlng 2025r26 our Challert>ox prcJrxmmÈ supwrted 276 clients. while over 383 clit9 b8nefitted from 5UPPOrt through our Letterbox programme. In addon. supported 158 clien(s Ihrough our intergenerats"ttnal Pupil Pals programme. We also nfjnued to support laG6vtO-18C8 SUPkKIrt groups in the Wesl Mkllands, suppoitThJ a further 56 dlenls. Finally, w& have loaned iP8ds V*ith speech s1he515lg 8ofts¥aro to 12 clients Motor Neurone Dl8e8S0 IMNDI and slmSlar neurolcgral Cry6t10n$. anabling thern lo communlcat& for longer. Under our current three-1 Sifategic Plan 2024-27 aim to suPt 1.ocKJ clients In 2026127. Our scalable. suslainable, grassroots approach enhances personal 11-beiNg and makes 8 worthwhila conlribulion towards buisdlng community resilience. Our regul8r 5urveyE ol clienl salisfaclion and feedback rèveal continuing high levels ol appreckqtion lor the seNices. Many report that the cc¥)lacts they rewve wa Ornega 8re highlighl ol thtsir week, lrfe enhancing and often irangfc¥m8tlonal. In Novèmbor 2025 our CEO. Lucy Scott, left Omega to pursu8 challenges. We appolntod a n8w Diraclor. David Crosby. In March 2026 who joinéd us in May 2026. Oavid br6ngs a wealth of experiencè in Ike publ séctor and third sedor. having wort<ad for Ihree IcKal 8Uthofiti8s and three national rancer charities ai exe¢utlve lèvel. David wll be working closely with the Board of TnJstees 8n¢Y Ouf stsfl leam to b¢Jild on a shared vision which will tak8 Omeg8 on tha next phase of ils grh to raduce the irnpacl ol lon8liness across Ihe UK. Page 4
OMEGA- ENDING ISOLATION, ENDING LONELINESS LTD IA company Ilmited by guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2026 Achl•vom•nts and perfom)anc• Icontlnuedl b. Ftsndralslng actlvlties and Income gen•ration 3. Grant akIng Trusts and Found8tth8 We are immensely oralefvl lor the financial support we have recelved throughout the year and thank each ol our financlal stakèholders. This year wa r8¢0ived h8lp from the following organisations." Th8 Henry Smith Charity, Kinu Gh8rl85 111 Charitable Fund, Garfield Weston Foundation. the Evesw Trust. National Lottery Communlty Fund, the Autumn Stone Fwndation. th8 8rrdn and June Amos Foundation, the Schrocjer Charily Trust, DMF Ellis Charitablè Trusl, the GTocefs Charity. Ihe E(Iward C3dbury Trust, Yardley N81ghbourhrx)d Nelwork Scheme. the Chartes Lewis Foundation, Sl James's Hace Charitable Foundation. the Kellon Trust, the millich0 Foundation, the Souter Charitable Trusl. the Archer Tnjsl, Baroft Davenport's Charity, Watwckshlre Privaie Hospital charitab Trust, P B Dumtsell Charitable Trust, the Avesford Family Charilable Trust, the Shropshire Cornmunity Foundation, Siockwell Cliffe charitab Tru51. the Lady Forester Trusi, Marsh Charitsble TnJsl, Squire Patton Bogg5 Cbaritablè TrusL thè Thomas Sivewnght Catto Charitable Selllèmènt. Ihe Mason Bibby 1981 Trust. Kendrick and SVI8 Edwds Charitable Trust, Trace Chanl8bte TTUSI 8nd the Sebastian Polll¢zer Ch8rh8ble SeeMent. b. Corporate SUPF¢)rt We are also grateful to our commwdal sw)sor8 and Indlw'dual donws and th8 m8ny organisations who have supported ¢ur work Ihroughout Ihtr year induding the Slour Volby LicA)s. Arena Online Ltd, the Mayor of Shrewsbury, Ihe Coop Lo¢01 CLYnrnunrty Fund and Trianola HR. Fln¥nclal r•vl•w a. Going concern After m8king 8pproprLqtè enquiritts, Ihe Trustees havo a reasonable expectation that ihe Charitsble Company has adequate resources lo conlinue in operalional exister for the foreseeable future. For thls feason. they L)Iiliiiuv lu èjdupt IFIE yolng concern basis In prepamng the financlal statam8nts. Furthèr details regarding ihe adoptlon ol the gng ojncem basss can be found in th8 accountlng P)lIc8. b. R•soN•$ pollcy We 3dopl a prudent approach to In(x)me generation in order to se()Jre Sust81nab service delNery. We are not reliant on any single source of income and are continuing to build relationships wth an increasing number of carefully chosen granl rnaking trusts and corw>rate supwriefs. Trusiee5 rnainiain the bitn of 5eourin9 5uffiaenl contingency funds lo cover approxTmately four months running cosls. Th8 arrounl raised Ircm grants, £211.981. was down this yè8r by £86,159129%1 vkniLst expenditure InCaSed by £1.229 {<1°Al. At ypar end report a defiiii of £9981£91.951 surplus in 20251. As of 31 st March 2026 w6 hèld £192,67512025.' £179,113) In tot81 funds wth free reserves of £118,00412025.' £114,8191. restricie(J re5erve5 01 £21.272 12025." £8.2331 and unrestrscted reserves of £171,403 12025.. £170,880). This figtrre represents approximately six monlhs, budgeted runniw wsts. 8bove the four rnonth target set by Trusiees. Page 5
OMEGA- ENDING IPJOLATION, ENDING LONEUNESS LTD IA company Ilmlt•d by guarantoel TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2026 c. Prlnclpal rl$ks and unc•rtalntl Trustees adopt 8 consistent and prudent 8ppro8¢h to decisiormakINd. A risk managerngnt pror*ss Is in placo, which is rewewed and ugdatad regularty. Potential risks are assessed. dassif18d, recordod and cleall with appropriately. Insurance is in place to cover r&SUal op8fating risks. Th8 Trv5te8s have consideffjd the major rfsks to whlch thé Charity Is exposed, and ars satisfied that syEtems aro in place lo man8ge and mltioate exposure to them. Page 6
OMEGA- ENDING ISOLATION, ENDING LONELINESS LTD {A company lirnited by guaran¢eel TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2026 Structur•. governan and managernont a. Constltutlon Omeg8, Endlng Isolatlon, Endino Lonelirbe55 Ltd. is registered as a charltab18 ¢x)mp8ny lirn$18d by guar8ntse and was set up by a Memorandum of Assocrdbon. b. Methods of appolntment or elecuon of Trusts•s The manag8m8nl of Ihe Charitsble Company s the reSps111fy of lh8 Tnjstees wk* are elected and co-opted undeT the terrns of the Memorandum ol Ass(Kiation. Statèmént of Tru¥lee8' responslblliti•s The Trus18è5 (who are also the dir•clor5 01 the Charitable Company lor the purposes of company lawl ar¥ responslble for pr8paring th¢ Twstees, and th8 financAal slatamenls In accordancè wlth 8ppllc3ble law and United Kingdom Accounting Standards {United Kingdom Generally Awpted Accounn9 Praclicel. Cornpany law requlras the Tw81ee5 to prepare finandal sialemgnts for 08¢h financial y88r. Under company18W, the Trustees musl nol appfove the flnancial slalements unless Ihey are satisfd Ihat they give a true and lair ew ol the slats ol affairs ol the Charitable Company and ol its incorning resources and apication of msour¢ès, induding Ils income and expendrtux•. lor that perK>d. In preparing these finanaal statements, th$ Trustees are r8quired to.. select Suitable accountlng poll¢i•s and then apply them cxjnsistendy, observe Ihe methods and princiKl&$ of the Charities SORP IFRS 1021.. make judgrnenls and acc(NdntirrfJ estlm8les thal are reasonable an¢J prudent.. statè wh8lher appluble UK Accounting Standards IFRS 1021 have been lolhJw8d. subjact to any m81erial d8parlure5 disck)sed and axplain8d in ihe financial slalements.. prepare the financial ststements thè going Inc basis unless il Is inappropriate to pr8$ume tr81 the Charltabltr Cornpany will continue in bJsin8ss. The Trustees are responsible for keeping adequate accountlng records that are suffident lo show and explaln the Charitsble Companws transactions and disdose wtlh asOnablts accuracy at any the financial position of the Charilable Company 8nd enable them to ensura that thè fin8nci81 st8tements com with the Companies Act 2006. They are a150 responsible for saleguar(Jing the assets of the Charitable Company and hence for taking raasonab steps for Ihe wevention 8rvJ dètection of Ir8ud and oiher irregularides. Approved by order of the membws of the Board of Trustees and signed on their behalf by". Linton Waters (Chair of Trustees) Date-. I'i J,L)IcI6 P899 7
OMEGA- ENDING tsOLAnoN. ENDING LONELINESS LTO {A ComnY Ilmlted by guarant•o) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2026 Indepèndent Examlnerfs Report to th• Truste•8 of OMEGA- ENDING ISOLATION, ENDING LONELINESS LTD Ilhe Charltable Compan) I report to th6 cherity Trustees on my exarnin8tw of th8 accnunts of th¢ charitab Cornp8ny lor Ihe year ended 31 2026. R•sponslbllltles and Bo$ls of R¢port A8 111è Tru818gs of th8 Ch8rftsble Ctrnpany land Its direclors ft¥ tr)8 purpos85 of CmpanY 18w) you 8 rgsponsible fof th• pr&pgraJon of the accounts In arAirdarK8 wth lh8 r8qulrom8nts of the Cempanles Act 2008 I'the 2006 Acrl. HBving $8ti$fied rnelf Ihat thé 8¢ntS of the Charitsble Company are not require(1 to b& audited under Part 16 of the 2006 Acl and are eligible f¢y ind$p8ndent examination, I rgrxirt in respecl of my 8xam5nalion ol the Charitable Cornpanys acccoJnts Carr wl under sectson 145 of the Charitiés Act 2011 Ilh¢ 2011 Act'l. In caryng out my examin8lw I hove folbyA*d the tJ"re¢ths giv•n by the Gharity CcmmIstsn under section 145lSllbl ol the 2011 Act. Page 8
OMEGA- ENDING ISOLATION, ENDING LONELINESS LTD IA company Ilmited by guararttÈtt} INDEPENDENT EXAMINERS REPORT ICONTINUEDI FOR THE YEAR ENEED 31 MIRCH 2026 Independent Examln•rfs Statement I have cornpleted my examinaton. I confirm that no mterÈ have come to my ailention in connection Wlh the examination giving me cuse to believe.. 8ceounling records were nol kepl in res[ ol the Charilable Company as required by section 386 0, the 2006 Act., or the accoun15 do nol 8ccor,J with those recJJrds', or the accounts do not comply wilh the aCcjtIng requirements of s8Ctlon of thè 20r Act other th8 any requirernent that the accounts give a Xrue anc lairf view which 15 nol a rn8ller considered 85 Part of an Independent examination.. or the accounts have not been prepared in accordance wlh th8 melhcth nrAS of tho Slsjlemeit of P.ecommended Pra¢tsce for accounting and reporb.ng by charities lapplicab to chafilies preparing their accounts in accordan¢& the Financial Repoiting slanda applicabkg in th8 UK and ReptJbl of Ireland IFRS 10211. I have no conc8m$ and have corne across no othgr matters in u)nnlion th Ihe ax8mlnalion lo whlch 8tlenilfjn should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. Th16 fEPOrt Is madg $olely lo If• Ch8ritsble Companvs Trustses, 08 B tthy, In acenrd8ncè vAth Part 4 01 the Charltles (AUnts and Repotsl Regulions 2008. My work has been undertaken so th81 I might slate to the charltsb Companys Trustee$ those mallets l arn reauired lo slale to Ihem in an Independent èxamlner'$ Teport and for no other purpose. To the fullest exlent permrtted by law. I do not ac¢8pI or assume r8spon51bilily lo anyon6 Other Ihan the Charitabja Company and lh• Charita0 Compan¥8 Tru8t8a8 a8 8 body, for my wot* or lor thi5 reporl. Sgned.. £4 T Lunt Dated.'3110712026 BA (H5) FCCA MTPI WR Partnern Chanared Accountanis Belrnont House ShrewsbLry Busin8ss Park SthrewsbLry Slropshir SY2 6LG Page 9
OMEGA- ENDING ISOLATION, ENDING LONELINESS LTD {A company Ilmtted by guarantt•l STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENOITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2026 Unrestrided funds 2026 Rtstricted lunds 2026 Total funds 2026 Tolal funds 2025 Note Income from: Donations and IwJ8d88'. Other donations and 18ga¢les Othèr trading actiwtie5 Inv8Stments 23,251 6,138 2,249 213.601 236.852 6.138 2.249 316,378 3,348 2, 158 Total Incom• 31,638 213.601 245.239 321,884 Expgndltur• on: Roising funds ChBrltable actl¥Atles 492 30.623 492 231.185 1, 172 229,276 200.$62 Total •xpendlture 31,115 200.562 231.677 230,448 Net movèmènt In lunds 523 13.039 13,562 91,436 Raconclliatlon of funds- Total funds brought lorward Net movement in lunds 170.880 523 8,233 13,039 179,113 13.562 87,677 91,436 Total fund8 carrfed forward 171,403 21,272 192,675 IT9,113 The Statement ol Financkal Activii6s indvdos all 981r and b5se8 rectYJnl$ad in ¢he year. The notes on page5 13 10 25 lorrn w101 these financAal stsleMts. Page 10
OMEGA- ENDING ISOLAMON, ENDING LONELINESS LTD (Acompany Ilmlted by guarante¢l REGISTERED NUMBER: 06196052 BALANCE SHE AS AT 31 MARCH 2026 2026 2025 Not• Flx•d 88$•t8 Tanglble 8ssots 12 7.990 10,652 7.990 10,652 Curr•nt a88•t• Debtors Cash at bank and in hand 13 4,410 185,889 4573 181.433 190,299 187.008 Curr•nt IlabllFtI•¥ Credltor8'. amounts falllng due ¥%4thln on• yBar 14 15,6141 (1&545J Net curr•nt a8$•t• 184,685 168.461 Total a•••ts ¢urrnnt Il•bSlltS 192,675 179,113 Tot•1 n•t a•i•t• 192,675 179,713 Page 11
OMEGA- ENDING ISOLATION, ENDING LONEUNESS LTD IA company lim1t by guxantsel BALANCE SHEET ICONTINLIEDI AS AT 31 MARCH 2026 2028 2025 Notè Charlty fund• Restricled funds Unr¥slrt¢ted fund8 16 16 21,272 171,403 8.233 170.880 Total funds 192,675 179, 113 The Charttsblt Comp8ny wbs tId to exemption from audlt under seclion 477 of the Cornp8ni•$ Aet 200e. The memb8rg have not required the cthxp•ny to obtsin an audit for year In question in a¢>)Jrdance wllh 88don 476 of Componles Act 2006. The Trust888 aCkno8d98 tholr r8sponsJiliti8s for CnrntArtg wlth th• rnJulrwn1s of th8 Act 1h re$p8cl to accountlng r8cords and prepar8tion of flnancral statements. The financlal 8tat&ments hava bfjan wepwed In ¥coxd•rcfj wth Ihe provion8 8ppIK8blt to en10S sublect lo the $rn811 companles reglm•. The fln8n¢i81 statemerts V*re 4pproved and au1kn8ed for188 by the Tnte88 and sèned on thelr behalf by.. Unton Wat•rn 20 Tho notos on pages 1 to 25 fomi p8rt oftheso financaJ stslemts. Pag8 12
OMEGA- ENDING ISOLATION, ENDING LONELINESS LTD IA eompany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 General infomiation Omega, Ending Isolation, Ending Loneliness Ltd is a Charitable company, limited by guarantee and incorporaled In En918nd and Wales. The members of the charity are Ihe trustees named on page 101 these acrA)unts. In the ev8nt of the charitable cc¥npany being wound up. IhÈ liability in fespecl ol the gu8r8ntee is limrted to £10 per member ol Ihe charitablts ¢<xnp8ny. Accountlng pollel•$ 2.1 Basis of preparatlon of finaneSal stat•m•nts The finandal slalemenls h8ve been prepared In accordance wth the Chariues SORP IFRS 1021- Accounting and Reporting by Charrties.. Statement of Recommended Practs'r* applicable to chadlies preparing their acCjnIS In accordance the Flnanclal Rapming Sl8ndar¢y appllcablo In the UK and Reput1¢ of Ireland IFRS 1021 leffective 1 January 20191, th8 FinanGial R8POrting Standard applicable in tha UK and Republ1¢ of Ireland IFRS 1021 and Ihe Companies Act 20C6. Omega, Ending Isolallon, Ending LelineSS Ltd meets the definitlon of a public benefit entrty under FRS 102. Assets and liabilities are initially récogniséd at historie21 eosl or transèelion valuè unless otherwse stated In the relevBnt 8co)unllng 2.2 Golng Concern After rnBking enquires, the TDJstees ha¥e a reasonablè expèctstion that the Charity has adequate r650urces to continue in opafational exisien¢e for Ihe fortsseo8b18 future. The Ch8rty therefore continues lo adopt Ihè 9tsing concern basis in preparing its financial statemenls. Pag613
OMEGA- ENDING ISOLATION, ENDING LONELINESS LTD IA company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Accountlng P¢llelès Icontlnuedl 2.3 Incom¢ All income is reccgnise4J once the Chani8b]e Company has enlitjemènl to the inc4)me, it is proba8 that Ihe in¢omè VAII be received and Ihe amwrbl ol ir5rJJme receivable ran be mèasured reliably. Thè rneogn5t0n of income from legau&s Is depp.ndAnt nn AiIIAhlishinp AnlSdAment. the probabillly of receipt and thé ability lo èslimale with sufficient a¢curacy the amount recèivable. EvideDcÉ ol entitlement to a legacy exists whèn the CharitatI Ci)mpany has SUfflent evid8nce that a glft has beon lell lo them Ilhrough kTredge of th$ 8XlSt8nc6 of a valid wll and the death of the benelèetrjrl and the execulor Is satisfied that the property in question 11 nol be required to salisly daims in th8 eslale. Receipt of a legacy must b8 r8cognised when il is probable that il wll be receiv¢d and the fair valuo ol the amount receivable. which wll 9enerally te the expecle(S cash amount lo be dlstrfbuted lo the Choritsble Company, can te reliably m&a8ured. Grants are InCded in ¢h# Slatemenl ol financial acDwDes on a receivable basis, The balance ol Income received for speufic purposès bul not expended durin9 tha period is shown In the relevant fund5 on the Balance sheet. Where in¢om& rece¢ved in advance ol entitlemenl of recalpt. its recognition Is dèferred 8nd included in creililors 95 deletred inccne. Whèrè entillemeni ¢x¢urs before inoome 16 r8cèivéd, th& income is accrued. Whara lh8 donated gc¢)d is 8 fixfjd ass8t. rt is mea5ur¢d at fair value, unless il is Impractical to measure this reliably, in which Case Ihe ¢osi ol Ihe item to the donor Should be used. The galn Is recognised as income from donations and a corrasponding amwnl is included in the 8ppropriate fixed a¥sel class and deprecialed over the useful lrfe in acts)rd8n¢g wth the Ch8rilable Companls accouTr¢ing polioes. On receipt, donated professional se¢8 facllttles are re¢ognls8d on the basi5 of the value ol the gift to the charitsts Conpany which is the amount il %Uld have been willing lo pay to obtsin Services or farilrties of equiv8lpmt ew)omic benefit on the open market.. a corresponding omount is then re¢ogni9ed In experndilure ID Ihe period of receipl. Income tay recoverable in relab ts Snvestmenl incoma 1$ rec£4Jnis6d at the time th8 Investment inajme is racèivable. 2.4 ExpendltUTe ExperKJitUTe 18 recognlwj (ce thwe rs a IwJ81 or (#)nstruci¢ve otAigation lo transfor eLX)nomic benefit to a third party. il is probabl8 Ihal a transfer ol econornic benefi15 wll be required in settlement and the arn1 ol the oblyation can be meastjred reliab. Expendilure is Classified by activity. Th6 Costs of each aCtlty are martè up ol ihe lotal of direct costs and shared costs. Induding support Costs involved in undertakirrfJ each activity. Direct costs attributable to a single acli¥ryty are alk)caled directly to that actrwty. Shared costs whith ¢ontritxJte to more than one activity and support costs which are not 8ttribui8blè to a single aclivity are aptK)rtional betVen Ih)se actiwtses on a basis consistent wth the use of resource5_ Central staff c0515 are ¥11txj uti tlie basis of tiffle spent, and depreciation charges allocaled on the por of the assel's LLSe. Expendiiure on fgising funds indudes 811 expènditufe incurred by the Charitable Company to raise lunds for ils GharTlabte purposes and indudes (x)sts of 811 fundraising aCtw"eS events and non- charitable trading. Pag8 14
OMEGA- ENDING ISOLATION, ENDING LONELINESS LTD {A company limited by guardntee) NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2026 Accountlng pollelts leontinuedl 2.4 EXndItur4 {eontinu8d) Expenditure on charitsble actimties is incurred on éirecdy undertaking the activities which furth¢r the Charitable Companls objectiS. as wèll as any associad SUPKK)n costs. All 8xpanditurÈ is in¢lusive of irrec4Jverabl8 VAT. 2.5 Government grants Govgrnrnent grants relatsng to tsngibl8 fixed assets are treated as deferred incorne and released to the Slaternenl of financial ac1mlS upon the compJ8tion ol the re16vant p6rfom)ance-relaled conditn$. Other grants that ai8 noi subject to pèrfomancé-¥elated conditions ar8 crédited lo the Statement of financlal a¢b"vilies as the gr8n¢ pro¢ee(1$ are received. Gf8rils received prior lo the revenue recrJnrtK)n criteria being saltsfied are recognised as a liability. 2.6 Tanglbl• flx•d a88•t8 and d•pr•clatlon Tanglble fixed assets ccAting £NIL or m¢xe are c8.11S8d and recognised when future econombc Lnelil$ Irè prob3ble and the c051 or value of Ihe asset can be measured relrably. Tangible fixed assets are inltially rcognLs8d al cost. After raco9nition, under thè cost mcJal, tsngibla fixad assets are measured at cost less accumulated depdation and any accumulaied Imp8lmanl losses. AJI costs in¢urre(I lo bring a tsngible fixed 8ssel into its intended working condition should be Sn¢lud&d In the measurement ol cost. Depreciation is charged so as to allocate the cost of langible fixed a$$•t$ lèss thgir r8$idual valw over iheir esb'mated useful liv¢s. on a reduung balance bas. Depwi81ion is prowded on the fdhm'ng basis-. Fixtures and fittings Computèr èqisipment 25% 25% 2.7 D¢btors Trade and other debtots aw ffjcconised at the settlemeN amount after any trade dls¢ounl offerad, Prepayments are valueil al the amounl prepaid nel of any trade discounts due. 2.8 Cash at bank and rn hand Cash al bank and in hand indudes cash and short-term highly liquKI investmenis with a short maturity of Ihree months or less from the date ol acquisitson or opening ol th& deposit or similar account. Page 15
OMEGA- ENDING ISOLATION. ENDING LONELINESS LTD IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Accountlng pollcies (continued} 2.9 Llabllltl•s and provlslons Liabilibes are recognised when there is an OlgatiOn al the Balance sheet date as a result of a past event. il Is Pfobable thal a transler of economi¢ benefil will be required in sewement. and thg amount of the settlèmènt cAn be estsmated ieliably. Liablllty"es ar8 rwni58d al the am¢)unl that the Charitsble Company 8nUapat8S it wll pay to Settle the debt or Ihe 8mounl rt has received as advanc&J pawnents lor tha good5 or $ervk&s It rnU51 prowde. 2.10 Flnan¢lal Instrumgnts The Charita8 Cornpary only has flnandal assals and financlal liabilities of a kind that qualify as basic financial inslrumenls. Basic financial instrumanis are initially Tecconised at transaction value 8nd subsequently mgasL¥ed at their settlement V81ue with ihe exception of bank loans whictt are subsequently measured at amc¥lised ctht using Ihe effective intèrest method. 2.11 P8n85ons The Gh8rilaN8 Company operatas a defined contribulion p8nslon scherne and tha penslon charge represents the amounts P8y8ble by the Charitae Company to the fund in SpeCt ol thè yaar. 2.12 Fund accountlng General funds aré unrestricled funds vhich are available for use at the disuetion ol Ihe Trustees In lurtherance ol Ihe g8n8ral objectNes of the CharItsb Company and 1¢h have not bgen designated for other purp?8. Designated lunds ¢(*nprise ntricted funds thai h8ve been sel aside by Ihe Trustéès for particular purposes. The airn and use ol èach designated fund is sel out In the notes lo the Iingndal statèments. R8Stricted funds are funds are tr) be used in 8ccord8nce th specrfic restrictions imposed by donor5 or which have been raised by the Charitable Company for particular purposes. The costs of raisiry and administering suth lunds are charged against the specific fvnd. The airn and use ol each restricted fund is sel ¢xrt in the notes to the finandal Ststemls. Pag8 16
OMEGA- ENDING ISOLATION, ENOING LONELINESS LTD {A company Ilrnlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Ineom• from donatlon$ ¥nd I141 Unrnstrlci•d R•8trlct•d funds lund• 2026 2026 Total funds 2026 Total funds 2025 Dcffiat5on8 6,692 16.065 3.1•A 208.345 4,112 g,e36 222,410 4,112 494 16, 757 285, 148 12,975 Grants Govemment grants Slrnllar Incoming resou 494 23,251 213.601 236,852 316,378 Tolg12026 126.748 189.830 316,378 Incom• from oth•rtr•dlng •¢tJvlll•• It7¢0m• from fundral•lng •v•nt• Unr••trlct•d fund¥ 2026 Total fund$ 2020 Total lunds 2025 Other lundralsing avfjnls 8,138 6.138 3,348 Totel 2025 3.348 3,348 Inv•stm•nt Incom• Unrestrfctod fvnds 2026 Total fvndi 2026 Tol81 fvnds 2025 Investrnent income 2.249 2,249 2. 158 YO 2025 2, 158 2, t58 Page 17
OMEGA- ENDING ISOLATION, ENDING LONEUNESS LTD {A company Ilrntted by guarnnteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Exp8ndlture on ra181ng lund• C08t8 of ralslng voluntary In¢om• Unrn8trfet•d fvnds 2026 Totsl funds 2026 Tol81 funds 2025 Costs of raIng vduntsry inwna 492 492 1,172 Total 2025 1.172 1.172 Analy818 of •XpondYrfj on ¢hwl¢abl• actlvltl Summary by fund typ• Unr•strlcl•d R•strkt•d fvnds funds 2026 2026 Total 2026 ro181 2025 Direct costs 30.823 2C¥),562 231.185 229,276 Total 2025 38,263 191.013 229,276 Page 18
OMEGA- ENDING ISOLATION. ENDING LONELINESS LTO IA company Ilmlted by guarantoel NOTES TO THE FINANCLAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Analy858 of •xpwdltur• by o¢tlvltle Actlvltl•$ undertoken dlroctly 2026 Tot81 funds 2026 Tol lunds 2025 Direct costs 231,185 231.185 229,276 Tot812025 229,276 229,276 An•ty•l• of dlr•ct costs Total funds 2026 Total Actlvltl•s 2026 2025 Stsff ojsts Deprtd8tion Priniiryd Tr8vel Projects Telephono Compuler Subscriptlon$ and public8lion$ 8Bnk ch8rg&S Sundry Rent Rates ond water Insuraneo Ught and h8at Repairs and naWlS Accountancyfees Staff training & expenses Events 173,499 2,662 8.908 1.842 953 2.173 8.257 3.191 101 2,233 8,600 1,447 3.548 3,656 256 2,660 8.320 879 173,499 2,862 8,908 1,842 953 178.534 3,551 10,393 1, 139 1,909 2.941 1,483 2,300 120 3, 128 8,600 7, 721 3.366 &005 181 3,301 582 2,173 6,257 3,191 101 2.233 8,600 1,447 3,656 256 2,660 8.320 879 1,022 231,185 231.18S 229,276 ro¢812025 229,2T6 229.276 Page 19
OMEGA- ENDING ISOLATION, ENDING LONELINESS LTD IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Analysis of exp8ndltur• by actlvltles {continuedl Analysls of direct costs Iconunuedl Indepgnd•nt •xamln•rfs rwnuneration 2020 Feès p8y8ble lo the Ch8rilable Companys indepw)dènt examiner for ihe independernl examinati ol the Chartabk8 Companls 8nthuAI Bco)unt8 F885 payat4e lo Ihe Charitab18 Companys independent examiner in respect of.. l other servl¢g5 not InclLMled ab 1.296 7, 146 1,296 1, 746 10. Staff costs 2028 2025 Wages and sglafies So¢ial securty $t9 Coniributlon tr> doftn8d conlrfbutlon penslon 8c&ma8 159.745 8.904 8,850 165.543 7, 140 5,851 173,499 178,534 The av8r8gg number ol persons 8mploy&J by the Charltablq Company durfng the ygar was as follows.. 2026 No. 2025 No. Empk)yees 12 No employee r8ceiveiJ remuneration 8mounting to rnLYe than £80.0(M) in either year. Trust8. r•munoratlon and Duiing the yoar. no Twstees recewed any remunef9ti( or other benefits {2025- £NIL). Du¥ing the star ended 31 Maich 2026. Trustee expenses h8ve be8n Incurred (2025- £NILJ. Page 20
OMEGA- ENDING ISOLATION, ENDING LONELINESS LTD IA ¢ompany Ilmlted by guarnnteol NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 12. Tanglble fixed assets Flxtur•s and fbttlngl Compul•r •qulpment Total Cost or v•luat5on At 1 April 202S 26,79 47.660 74,369 At 37 March 2026 26,799 47,580 74,359 D•pr•clatlon At 1 April 2025 Charge lor the year 22.198 41,509 1,512 63,707 2,662 Al 31 March 2026 23,348 43,021 66,369 N•t book valu• At 31 March 2028 3.451 4,539 7,990 Al 31 2025 4.801 6.051 10,652 13. D•btor• 2036 2025 Du• wblhln on• y•ar Prepaents and a¢xrLl In)me 4,410 5,573 4.410 5,573 Page 21
OMEGA- ENDING ISOLATION, ENDING LONEUNESS LTD IA company lirnited by guarante•) NOTES TO THE FINANCL4L STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 14. Cr•dltorn: Amount8 falllng due w1th5n on• •1 2026 2025 Trad• eredltors Acuua15 and deferr•J in¢om• {2.1501 7.764 665 17.880 5,614 78,545 15. Descrlptlon. natur• and purpo8• of do11onat•d fvnd* Omega Contsngerq Fund Contlngency pffjw8bn in the •v•nt of wrKling up Edward GosllirrfJ Fund Mainl•nan¢6 of r8swws at a18vel equiv8l•nt to six month$, r(mning costi Pag& 22
OMEGA- ENDING ISOLATION. ENDING LONELINESS LTD {A company limlted by guaTanteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 16. Statement of funds Statèmènt ol fund5- curren¢ year Balanc8 at 31 March 2026 Balan¢¥ ot 1 Aprll 2025 Income Expondlture Unrostrlctèd funds Deslgnated funds Omaga Contingency Fund Edward Goslling Fund 22,203 23,206 22.203 23,206 45,409 45,409 Ganèral fundi General Fund8- all funds 125.471 31,638 131,1151 125,994 Total Unrestrlcted funds 170,880 31,638 131,1151 171,403 R••trlctod fund8 The Chalterbox & Mdeobox Acllon Against Lonelinoss Prograrnrn8S Letterbox I Pastcards The OmegA Klotor Nourono 05$$• Famlly Support Programmg Omega Umbrella Cora lundlThJ I Core costs C8Pital costs I IT h)Irastru¢tu 65,697 17,626 153,2371 117.6261 12,460 2,e17 11,5211 14,2131 1123.965} 1,096 2,100 6,313 123,965 5,616 5,616 8,233 213,601 1200,5621 21.272 Total of funds 179,113 245.239 1231,6771 192.675 Page 23
OMEGA- ENDING ISOLATION, ENDING LONELINESS LTD IA company Ilmiied by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 16. Statem•nt of fund8 Icontlnu•d) Stat•m•nt of funds- prfor y•ar Balance al 31 Al8r¢h 2025 Balanc8 al l Amyl 2024 Trnnsfers Income Expenditure Unr••tri¢t•d fund• D•8lgnat•d funds Do$lgnaied Funds- 811 fund$ 22,203 146.794J 45,409 G•n•ral fund• G6noral Funds- all lurKI8 $5,858 62,254 (39,435) 46,794 125,471 Tot•1 Unr•$trlct•d funds 78,081 132,254 (39.435) 170,880 B8lanc• al 31 March 2025 881anc8 81 l Apnl 2024 Trnnsfgrs in/oul Income Exp8ndiluro R•strJct•d funds The Chatterbox 8 Videobox Action Against Loneliness rogrammes Leiterbox I P8St¢ards The Omega Motor Neurry Di88ase Family Support Programme Omeua Umbralla Coro lundlng I Core costs Cap'fal $ts I IT Infrastructure (66,¢))O) (14,1)) 14,OC (1,383) (2,831) (106,799J 2,677 2,831 106, 799 4616 5,616 9.618 189,630 (191,013J 8.233 Total of funds 87.6n 321.884 (230.448J 179, 113 P890 24
OMEGA- ENDING ISOLATION, ENDING LONELINESS LTD IA eompany limited by guarantee) NOTES TO THE FINANCiAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 17. Anal1$ of net assets between funds Analysis of n•t ass•ts b&tween fund6 - curr•nt y•ar Unrostricted funds 2026 Re6tT5¢ted funds 2026 Total fund8 2026 Tangibl8 fixed assets Current essets CredlOr9 due %%lthin one ar Difforanre 7.990 160,381 15,6141 8,646 7,990 190,299 15,6141 29,918 18.6461 Total 171.403 21,272 192.675 Anolys16 of n•t ass•ts botw•èn funds - prior y•or Unfgslriclad fvnds 2025 R8$trict8d funds 2025 Tol81 nds 2025 Tangible fixed assets Current assets Creditors du8 hithin on• ar 10.652 178.77J (18.545) 10,652 187,(h)6 (18,545) 8.233 Total 170.880 8,233 179,113 18. Penslon commitmènts Th8 CharitsNe Company operales a definod cmtrilxjtion n$¥) scheme. The assets of the scheme are held Separately frcffi those of the Charilable Company in an independently administer6d fLJnd. The penslon Cost tharge represents contn'trwjlions payable by the Charftsble C(thpany lo the fund and amounted to £6,85012025 - £5.8511 during the yEar. There was £225 outstanding al the Balance Sheet dalts12025 £NIL). 19. R•l8t•d party transactions The Charitale Company has nol entwed into any related paty transaction during thé ar, nor are there any outstanding b8lances owing beh¥een reL4ted paeS armj the Charitable Company at 31 March 2026. P8g8 25