Company regisiraiion number: 06407883
Charity registration number.. 1122662
Promise Inclusion Limited
(A company limited by guaranlec)
Annual Report and Financial Statcmcnts
for thc Year Endcd 31 DeGemb¢r 2024
Vale & West A¢countan¢y Services Limited
Victoria House
26 Qu¢cn Victoria House
Reading
Berkshire
RGI ITG
IIIIINllii
•AEC6U05E*
3010912025
COMPANIES HOUSE
A8
#223

Promise Inclusion Limited
Contents
Trusiees, Report
1105
Independent Examiner's Report
Stsiement of Financial Activities
Balance Sheet
Notes io the Financial Statements
9t015

Promise Inclusion Limited
Trustees, Report
The trustees,. who are directors for the purpose5 of company law. present the aTmua] report together with the
financial sts¢¢m¢nts of the charitable company for the year ended 31 Deeember 2024.
Objectives and g¢livities
Objects and aims
The relief of people with a learning disability andlor associated disabilitie5 in particular by the Provision of help
and support for them and their families, dependants and carers.
To provide or assist in the provision of facilitie5 for the recreation or other l¢isur¢ lime occupaiion for people
who need thereof by reason of learning disability with the obj￿1 of improving their condition$ of life.
ObJective%, slra¢egies and activitie5
Organising and managing various projects, Cvcnls and activitiC5 designed to achieve the above obj¢¢tives.
Public benefil
As a small charity. below the Charity Acl's audit threshold. the trustees, report focuses on the main activitie5
undertaken by the Charity to further its charitable purposes for the public benefit. The Objectives and Activities
section provides a summary of the a¢livili¢s which hav¢ all b¥en undertaken for the public benefit. Although the
Charity is rc5triGled lo ils 8eographic area of Wokingham, Brarknell and their surrounding districts, it IS
designed to provide support 10 p¢opl¢ with a learning disability and their families, d¢pendants and Carers. ils
support and aclivili¢$ are open to all wiihout further rc5triction. Any fees charged lo members and participants
are at mark¢i. rate, as we do now make more than a nominal charge for som¢ aclivilies.
The trustees eonfirn that Ihey have Complied with the requiremen1$ of section 17 of the Chariti¢5 Act 201 I to
hav¢ due regard to ihe public benefit guidance published by th¢ Charity Commission for England and Wales.
Use o/volunleers
The Charity relies on voluntary help for a varicty of tasks. This includes specific tasks on a r¢8ular basis such as
The Trustees and the people who help or run our clubs and activities, as well as those who update the website or
undertake one-off fundraising challen8cs. On an ad hoc basi5 volunteers help with office tasks such as.. stuffing
envelopes, dala enty. making lea, helpin8 at fundraising events. $Ortin8 out tombola items and doin8 tin shakes.
Achlevements 4nd perform4n¢e
The Charity has continued io run a number of successful events and activities within Wokingham and Bracknell
and their surrounding dislricls including family liaison work. activity clubs for children and 3dult5. events and
outin85 for carers and families of children and adults with learning disabilitie$ and other charitable activities.
The Charity continued to offer in-person activities and services with the option of online participation. if
required or necessary during 2024.
Page I

Promise Inclusion Limited
Trustees, Report
FlnAnci*I revlew
Funding continued lo be extremely hard lo obtain in 2024 as many charities continued to tsrget the funding
available and the criieria remained more stringent than in previous years. Through a lot of hard work we
managed io achieve £59k above our 2023 Incom¢. Expenditure increased by £36k due mainly lo the impact of
the annual increase lo the Nationai Minimum Wage and the additional member of staff funded by the National
Lonery Grant. W¢ finished the year with a deficit of £9k for the year.
Providin8 adequate funding for the Charity's many services remains a very considerable ehallenge and presents
the greale51 risk to the Society's conlinued survival in the long terTiI.
The Charity is dependent upon various grants and in particular funding from Wokingham Borough Council and
the National Lottery. The tsvo grants from Wokin8ham Borou8h Council cover a Family Liaison and Carers
Service and Ihe Wokingham Carers Partnership, both contracts have been extended unlil 31 March 2027. The
8ranl s¢¢ured from the Big Lottery which funds two existing Family Liaison posts (one in Wokingham and one
in Bracknell) with a new po$1 in Bracknell also runs to 31 March 2027.
The Charity was upecially grateful to Sand Martin's Golf Club which had chosen us Lq lis Charity of the Year
for 2024 and prc5ented us with a donation of £27k.
The Chwity ￿ntinueS to seek funding from a vwiety of 8our¢es to maintsin ils suc¢¢ss in future projects and 1$
Fo¢us$ed on securing lonBer-lem funding to ensure stability for ihe Society.
Pollcy on reserves
The trusiees regularly review the reserve5 policies to ensure that they are at an appropriate level. In particular
cash is maintained at a level to support the short and medium terni needs ot the ¢harity. Currently the trustees
Bim lo keep free reserves al a level that will cover between three and six months of cosis.
Page 2

Promise Inclusion Limited
Trustees, Report
Refer¢n¢¢ and AdminlstrAtlve Detai15
Charity Re8iStration Number..
Company R¢gistr81ion Number.,
1122662
06407883
The chariry is incorporated in England & Wales.
Waterford House
Erftsiadt Court
Denmark Street
Wokingham
Berkshirc
RG40 2YF
Registered OtTice'.
Independent Examin¢r'.
Vale & West Accountancy Services Limited
Victoria House
26 Queen Vicioria House
Reading
Berkshire
RGI ITG
Ac¢ountants;
Vale & Wesl Accountancy Services Limiied
Victoria House
26 Queen Victoria Hous¢
Reading
Berkshire
RGI ITG
Trustees and officers
The truste¢$ and officers serving durin8 the year and 5in¢¢ (he year ertd were a$ follows:
Tru5lces'.
S J Hall, Chair
J K Green. Treasurer
P D Lowery
T M Bradlaw (resigned 23 May 2024)
E G Hyland (resigned 25 September 2024)
P Timm {appoint¢d 23 May 2024)
M Gardner (appointed 25 September 2024 and resigned 15 May 2025)
J M Mcad (appointed 20 November 2024)
PaBe 3

Promise Inclusion Limited
Trustees, Report
Structure? governxn¢t *nd managemenl
Nalupe oJgoverning documenl
Promise Inclusion Limiied is a compAny limited by guArantee governed by its Memorandum and Articles dated
24 October 2007. It is registered as a charity with the Charity Commission.
Recruitment and appoiMlmeAi oflruslees
As sei oul in the Articles of A$$ociation the ¢hair of the trustee5 1$ nominated by the executive
committee.Nominations for the election lo the executive committee are considered and voted uport at the Ay￿ual
Generol Meeting. The m￿Lm￿M number of members of the ¢xe¢utiv¢ shall be no mor¢ than twelve.
Mdjor risks andmanagement of those risks
General risk mana8em¢nt
The Irusiees have a duty to idcntify Bnd review the risk$ io which the charity is exposed and to ensure
appropriate conlrol$ are in place to provide reasonable assurance against fraud and error.
Slalement of trustees, responsibilities
The irustee$ (who are a150 the directors of Promise Inclusion Limited foT the purposcy of ¢ompany law) 8r¢
responsible for preparing the trustees, report Ind th¢ finan¢ial $tai¢meni$ in a¢cordHn¢¢ with applicable law and
Unil¢d Kingdom A¢counting Standards (United Kingdom Genernlly Accepted Accouniing Practice), includin8
FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" The report and
accounts have been prepared in accordance with the provisions in the Companies Aci 2006 relating io sm811
¢ompanies,
Company law requires (he trustees io prepare financial statements for each financia] year. Under Company law
the trustees must not approve the finan¢ipl 5tatement$ unle5$ they are $alisfied that they give a true and fair view
of the state of aff8irs of the charitable company and of the incoming resources and applicaiion of resources,
including its income and expenditure, of th¢ Chwitable company for that period. In preparing these financial
slalements, the trustees ar¢ required to..
Select suitable accountin8 policies and apply them consistently;
obs¢rve the methods and Principles in ihe Charities SORP,.
m*e judgements and estimates that are reasonable and prudent.
stale whether applieAble accounting standards, comprising FRS 102 havc been followed, subjeel to any
material deparlures disclosed and explained in the financial $talements' and
prepare the financial statements on the going ¢oncem basis unless il is inapproprialc io Prtsume that the
harilable company will continue in business.
The trustees are respon5ibl¢ for keeping proper accounting records that ¢Bn disclose wilh reasonable accuracy al
any time the financial posltion of the charitabl¢ company and enable them to ensure thal the financial statements
¢omply with the Companies Act 2006. They are also responsible for safeguarding the asscts of the charitable
company and hence for taking reasonable steps for the preveniion and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporaie and financial infomlation
included on the charitable company's websiie. Legislation governing the preparation and dissemination of
financial 5tstements may differ from legislation in other jurisdictions.
Page 4

Promise Inclusion Limited
Trustees, Report
Small ¢omp•nies provision s¢4lem¢nt
Thi5 report has been prepared in accordance with the small companies regime under Ihe Companies Acl 2006.
25109125
The annual report Wa8 approved by the tNsie¢s of the charity on ................ ... and signed on its behalf by..
ktau
Susaj) Hall (Sep 25, 2025 16..32.'02 GhST+ll
SJHall
Trustee
Page S

Promise Inclusion Limited
Independent Examlner's Report to the trustees of Promise Inclusion Llmlted ('tbe
Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31
December 2024.
Responsibilities gnd basis of report
As the ¢harity'S tnjstees of the Company (and Alyo ils directors for the purposes of ¢ompany law) you arc
responsible for the prepar8tion of the accounts in accordance with the requirements of the CompAnies Ad 2006
('the 2006 Act.).
Flaving satisfied myself that the accounts of the Company are not required to be audited under Part 16 of thc
2006 Act and are ¢ligibl¢ for independenl examination, I report in respect of my examination of your charity's
as carried oul under section 145 of the Charities Act 2011 {'Ihe 2011 Act,). In carrying out my
examination I hav¢ followed th¢ Direction$ given by th¢ Charity Commission under section 145(5)(b) of the
2011 A¢t.
l*dep¢ndent ¢xaminer's stAtem¢nt
I have compleled my examination. I confimi that no matters have come to my attention in connection with the
cxaminalion 8ivin8 me ¢au5e to believe..
accounting records were not kept in respect of Promise Inclusion Limited &$ required by Section 386 of the
2006 Act. or
2. the accounts do nol accord with thos¢ r¢cords' or
3. Ihe accounts do nol comply with the accounting requirements of section 396 of the 2006 Act other than
any requirement ihat the accounts give a 'lrue and fair view, which is not a matter considered as part of an
independent cxarnination; or
4. the accounls have not been prepared in accordance wilh the methods and principles of the Statement of
Recommended Praciice for accounting and reporting by chariiies [appli¢able io charities preparing their
accounts in accordance with ihe Financial Reporting Standard applicable in the UK, and Republic of
Ireland {FRS 102)].
I hav¢ no concern$ and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order lo enable a proper understanding of the accounts to be reached,
L¢¢ Gardner FCA
Victoria House
26 Queen Victori& House
Reading
Berkshire
RGI ITG
liate..
25109125
Page 6

Promise Inclusion Limited
Statement of Financial Activities for the Year Ended 31 December 2024
(Ineluding Income and Expenditure Account and Statement of Total Re¢ognised Gains
and Losses)
UDrestricted
funds
Restrieted
funds
TotAI
2024
Note
Intome and Endowments from:
Donalions and1¢8aGi¢s
Investment in¢ome
Other in¢om¢
96,933
1,121
1,401
106.082
203,015
1,121
23,354
21,953
Total income
99,455
128.035
227.490
Expenditsre OD:
Charitable activilies
109.884
126.314
236.198
Net (¢xp¢nditureyincome
Transf¢rs bctw¢¢n funds
(10.429)
9.425
1.721
(9,425)
(8.708)
Net movemcni in fvnds
(1,004)
(7,704)
(8,708)
R¢con¢ili*tion of lunds
Tolal funds brou8hi forward
41,608
56,722
98,330
Totsl ￿ndS carried forward
40,604
49,018
89,622
Unre$tricled
funds
Restrieted
funds
To¢41
2023
Note
lThcome And Endowments from:
Donations and le8a¢ic5
Investment income
(hh¢r income
70,877
2,469
2,894
75,814
146,691
2,469
19.741
16.847
Total income
76,240
92,661
168,901
Exp¢Dditur¢ on:
Charitable aciivilies
{78.216)
{122.325)
(200,541)
Nei expenditure
Transfers between funds
(1,976)
11.963
(29.664)
11.963
(31,640)
Net movement in funds
(13,939)
(17,701)
(31,640)
Retonciliation of funds
Total funds brought forward
Total funds carried forward
55,547
74,423
129.970
41,608
56.722
98,330
All of the charity's Xlivilies derive from Gontinuing opcrulions during the above Iwo period5.
The fi)nds breakdown for 2023 is shown in note I l.
The notes on pages 9 10 15 forni an integral part of these financial 5talemenls.
Page 7

Promise Inelusion LAmiled
(Registration number: 06407883)
Balance Sheet as at 31 December 2024
2024
2023
Note
Fixed Assets
Tangible assets
1.734
1.707
Currenl gssets
Debtors
Cash at bank and in hand
38,117
32,932
103,969
136,901
119,566
Crediton: Amoun¢s f*lliffi8 du¢ wlthln on• year
Net current #ssets
10
31,678
40,278
87,888
96,623
Net issets
89.622
98,330
Funds of ihe charity:
Rtstrltted income funds
Restricted funds
49.018
56,722
Unrestri¢led Income fund$
Unr¢stri¢t¢d fvnds
40,604
TotAI funds
89,622
98,330
For the financial year ending 31 December 2024 the charity was entitled to cx¢mplion from audit under section
477 of the Companies Act 2006 relatin8 10 small companies.
Dire¢iors' resp)nsibililies',
Thc mcmber5 have not rcquircd ihe charity 10 obtain an audit of ils Accounts for the yw in question in
accordance with section 476. and
The dir¢¢iors acknowledge their responsibiliiie$ for complying with the requirements of the Aet with respect
to a¢¢ounting records the preparation of accounls.
Th¢5e financial statements have been prepared in accordanee with the special provisions welatin8 10 ¢ompani¢s
subject lo the small companies regime within Pari 15 of the Companies Aet 2006.
The financial st8lements on pages 7 10 15 were approved by the trustees, and auihorised for iysue on
2,S1.Q9J2,S....... and signed ort their behalf by..
. J.py.niÉGro.¢n1S.¢p. IS ?Q2&.15..'48..21 GMT+ll
J K Green
Trusl¢e
The notes on pages 9 to 15 fomi an irtiegral part of these financial stalcmenis.
Page 8

Promise Inclusion Limited
Notes to the Financial Statements for the Year Ended 31 December 2024
Charity seatus
The ¢harity is limited by guarantee, incorporalcd in England & Wales, and consequently docs not have sha
capital. Each of Ihe Irustees is li4bl¢ to ¢ontribute an amount not exceeding £1 lowards th¢ &4s¢t$ of the charity
in Ihc cvcnt of liquidalion.
The addre5$ of ils r¢gistered office is..
Wal¢rford House
Erftsladt Court
Dcnmark Street
Wokingham
Berkshire
RG40 2YF
2 Accounting poli¢ie$
Summary of Significant accounting polieies And key Accounting estimates
The principal accouniin8 policies applied in the preparation of these fin￿¢la1 statements arc set out b¢low.
These policies have been consislenily applied io 811 the ycars presented, unless otherwise slated.
St*ttment of complianee
The finanti81 stsiemenis have been prepared in accordance with Aceounting and Reporting by Charities..
Statement of Recommended Praciicc (applicable lo chariiic5 prepgrin8 their accounts in Accordance with ihe
Financial Reporting st￿dard applicable in ihc UK and Republic of Ireland (FRS 102)) (issued in October 2019)
(Charities SOIiP (FRS 102)), the FinAncial Reporting Siandard applicable in the UK and Republic of Ireland
(FRS 102) and the Compani¢s Acl 2006.
Basis of prepArAtlon
Promisc Inclusion Limiied meets Ihe definition of a public benefit entity under FRS 102, Assets and liabilities
iniliBlly rccognised hi hisiorical ¢ost or transaction value unlesg oiherwise sl&led in Ihe rclevant ac¢ounlin8
poli¢y noies.
Going ¢oncern
The trustees consider that there are no material uncertainties about Ihe charity's ability to ¢oniinue as a going
concem nor any significant areas of uncertainty that affect ihe ¢aTrying value of assels h¢ld by the charity.
Ineome and endowments
All income is recognised once the charity has entitlement io lh¢ in¢om¢, il is probable that the income will bc
r¢c¢ived and the amount of the income re¢eivable ¢an be measured ￿lIablY.
Donailons andlegacles
Donations are r¢cognised when ih¢ ¢harity has been notified in writing of both the amount and settlement dale.
In the event IhAI a don&tion is subject to conditions that require a level of perforn)ance by the charity before the
harity is entitled to the funds. the income is deferred and not recognised uniil either those conditions are fijlly
met, or the fulfilment of those conditions 1$ wholly within the cortlrol of the charity and it is probable that these
nditions will be fulfilled in the r¢porting period.
Page 9

Promise InclusioD Limited
Notes to the Financial Statements for the Year Ended 31 December 2024
Grants reeesvuble
Grants are recognised when the charity has an entitlement to the fimds and any conditions linked to the grants
have been met. Where perfonnance conditions are attached to th¢ grant and are yet to be md, the income is
recognised as a liability and included on the balance sheet as d¢f¢rr¢d income to be rele&8ed.
DeJerred income
Deferred income repr¢s¢nls amounts received for future periods and is released to incoming resources in the
period for which, it has been received. Such income is only deferred when..
The donor specifies that the Brant or donfilion mu51 only be used in fulure a¢counlin8 p¢riods' or
The donor has imposed conditions which rnusi be met before the ¢harity has un¢onditional enlitlemenl.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that ¢xp¢nditurc. il is probable
settlement is required and the amount can bc measured reliably. All costs are allocated lo the appli¢abl¢
expenditure heading Ihal ag8regate similar costs to Ihal cal¢gory. Where costs Gannol be dir¢¢ily altributed to
particular headings they have been allocaled on a basis con5iStenl with the use of resources, with central staff
costs allocated on Ihe basis of tim¢ spent, and depreciation charges allocated on the portion of the asset's use.
her support ¢05ts ar¢ allocated based on the spread of stsff costs.
Charllable aetivlil¢s
Charitsble expendiiure comprises thos¢ cost5 incurred by the charity in the delivery of its a¢iiiiilie$ Jnd servi¢es
for its beneficiarie$. It includes both costs thal can bc allocated direcily 10 such aelivilies and those Costs of an
indirect nature necessary lo support them.
Support fojts
Support costs include central funcliony and have been all¢xated to a¢tivity ¢osl ¢ai¢gorie8 on a basis consistent
wilh the use of resources, for example, 4110¢41ing property ¢osts by floor areas. or per capita, staff costs by the
time spent and other costs by their usage.
Goytrnance costs
These include the costs attributable io the charity's compliance with constitutional and stslulory requ1￿Ments,
including audit, strategic management and trustees meetings and reimbursed eX￿nseS.
Ta%Ation
The charity 1$ considered to pass the tesis set out in Paragraph I Schedule 6 of the Financ¢ Act 2010 and
therefore it meets the detinition of a charitable company for UK corporation lax purpose5, A¢cordingly* the
charity is Potentially exempt from i￿all0￿ in respect of income or capital gains r¢Geiv¢d within ¢4tegories
¢OV¢Ted by Chapter 3 Parl I l of the Corporalion Tax Acl 2010 or Se¢iion 256 of the Taxation of Char8¢abl¢
Gains Act 1992, to the extent ihal such income or gains are applied exclusively to chariiable purposes.
Depreti*tion amortisa¢ion
D¢pr¢ciation is provided on tangible fixed assets so as to write off the cos1 or valuation, less any estimated
residual value, over Ih¢ir ¢xp¢cted useful economic life as follows:
Office equipm¢nt - Stfdight line over 3 to 5 years
Page 10

Promise Inclusion Limited
Notes to the Financial Statements for the Year Ended 31 December 2024
Trade debtors
Trade debtors are amounts due from cwiomers for merchandise sold or services performed in the ordinary
course of business.
Trade debtors are recognised initially at the transaciion price. They are subsequently measured al amortised cost
using the effective interest method, less provision for impairnient. A provision for the impairni¢nt of Irade
debtors is established when there is objective evidence that Ihe ch￿lty will not be able io coll¢ct all amounts du¢
according to Ihe originai terms of the rec¢ivable$.
Cash and tash ¢quiv•lents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-lemi highly liquid
investrnenls that 8re readily convertible to a known amount of cash and are subjecl to an insignificani risk of
chang¢ in value.
Trade eredilori
Trade cr¢dilors are obligation5 lo pay for goods or service5 that have been a¢quired in the ordinary course of
bu5ine$$ from 5uppli¢rs. A¢Gounls payabl¢ ar¢ classified as currenl liabilities if the charity does not have an
Un￿nditional righi. at th¢ ¢nd of the reporting period, lo defeT s¢ttl¢menl of the creditor for al least twelve
months after ih¢ reporting dale. If ihere is an unconditional right lo defer s¢ttlcmcnl for ai least twelve months
after the reporting daic, they are presenled as non-currenl liabilities.
Trade cr¢ditor8 are recognised inilifllly at the tr￿Saction price and subsequently measurtd 01 amortised ¢osi
usin8 the effeciive inter¢si method.
Fund structure
Unresiricled income funds Are general fvnds that are available for use ai the irusiees discretion in funherance of
the objectives of the charity.
DesignAled funds Are unrestricted funds Set &8ide for specific purposes Ai ihe discretion of the trustees.
R¢slri¢led income funds are Ih05e donaled for use in a p?rticul8T area or for 5p¢cifir purposes, the use of whi¢h
is restricied lo that area or purpose.
Page 11

Promise Inclusion Limited
Notes to the Financial Statements for the Year Ended 31 December 2024
3 Income from donations and lega¢ies
Unrestricted
funds
General
Reslri¢¢ed
funds
TotAI
2024
Total
2023
Donations and l¢gacies'
Donations
Grants, including capitsl gr￿ts.
Grants
Subscriptions
46,136
9,121
55,257
7,404
46,330
4,467
95.369
1,592
141,699
6.059
133,445
5.842
96,933
106,082
203,015
146.691
The charity benefits greatly from the involvement and enthu$iasii¢ supp)rt of ils many volunteers, details of
which are given irt our annual report. In ac¢ordance with FRS 102 and the Charities SORP (FRS 102), Ihe
economic conlribuiion of general volunteers 1$ not recognised in the accounts.
Granis r￿e1ved, included in the above, ar¢ a5 follows,,
2024
2023
Wokingham Borough Council - Unresiricled
Lloyds Bank Foundation - Unrestricted
National Lottery Funding - Unrestricted
Wokingham United Charities - Unrcslricted
Wokingham Borough - Restricted.. Carer Support & Guidance
Wokin8ham Borou8h Council - Restricted: Family Liaison & Carers
Naiional Lottery Funding - R¢$tri¢ted.. Family Liaison
Berkshire Communiiy Fund - Restricted.. Children
BBC Children In Need . Restricted.. Childr¢n
Shanly Foundation - Restricted.. Children
National Grid - Restricted.. Adults
37,485
33,385
25,000
8,844
5.000
22,689
26,793
30,945
28,567
35,108
4,999
9,996
2,250
3,333
750
141,699
133,445
Page 12

Promise Inclusfion Limited
Notes to the Financial Statements for the Year Ended 31 December 2024
4 Tru$t*es remunerolign and expenses
During the yw the ¢harity made lh¢ following transa¢tion$ with trusiecs..
SJHall
£408 (2023: £Nil) of exp¢nses were reimbursed lo S J Hall during the year.
The trustee expenses reimbursed noted above were in respect of travcl Costs.
No Irustecs. nor any persons wnnected with them, have Irceived any remuneration from the charity during the
yew.
No Irustee$ have re¢eived any other benefits from Ihc charity during the year.
5 Staff ¢05ts
The monthly average number of person$ (in¢luding senior management I leadership team) employed by the
charity durin8 the y¢8r expressed 85 full time equivalents w85 as follow5..
2024
2023
Charitable activities
23
23
No employee received emoluments of more than £60,000 during th¢ year.
6 T*x#tion
The charity is a re8isiered charity and is therefore exempt from I￿8(10n.
7 Tanilblt fix*d Asxetj
Furnliure
equipment
Total
Cosl
Ai l January 2024
9.785
9,785
Ai 31 Deccmb¢r 2024
9.785
9,785
Depreci4li(tyn
Ai l January 2024
8,051
At 31 December 2024
8.051
8,051
Net book valu¢
Ai 31 December 2024
.734
,734
At 31 December 2023
1,734
1,734
Page 13

Promise Inclusion Limited
Notes to the Financlal Statements for the Year Ended 31 December 2024
8 Debtors
2024
2023
Trade debtors
Prepayments
Oth¢T debtors
649
37.146
322
26.953
5.973
38,117
32,932
9 C*$h and ¢•sh equivftlents
2024
2023
Cash on hand
C&8h ai bat
347
81,102
406
103.563
81,449
103,969
10 Creditors: #mounts fAlllng due within one year
2024
2023
Trade credilors
Othcr laxation and social security
Other ci'editors
Accruals
Delerred income
2,245
2,707
395
4,573
21,758
31,678
751
2.010
2,649
4.859
30.009
40,278
I l Funds
B•lanee al
BalAnte at
l January
2024
31
In¢ominE
resour¢es
Resources
expended
Deeembtr
Transferg
2024
Unrestri¢t¢d funds
General
30,687
99.455
(109,884)
20,346
40.604
Designatcd
Tot*1 unrestricted funds
10,921
10.921
41,608
56,722
99,455
(109,884)
9.425
40,604
R¢$tri¢ted funds
128,035
126,314
9,425
49.018
Total fund$
98,330
227.490
236,198
89.622
Page 14

Promise Incluslon Limited
Notes to the Financial Statements for the Year Ended 31 December 2024
BAlanee at
Ji
Dtttmbtr
2023
B8lan¢e il
l J4nuary
2023
Incoming
r¢$our¢es
Resources
expended
Tr#n5f¢rs
Unrestricted funds
General
29,463
76.240
(78.216)
3,200
30,687
Designated
26.084
15.163
10,921
Total unrestritttd funds
55.547
76,240
(78,216)
(11.963)
11,963
41.608
Restric¢ed funds
122,325
56.722
Tot#1 funds
129,970
168,901
200,541
98,330
12 A Tr41y$l$ of n¢t *$$tls between (undj
To¢AI funds at
31 December
2024
R¢strl¢ted
fundg
Current assets
Cury¢nt liabilities
69,894
20,392
69,894
20,392
Total net assets
49.502
49,502
Unre51ricted
fund$
Designated
Tot*1 funds at
31 De¢ember
2023
Restricted
funds
Tangible fixed a5seig
Curreni 8sseis
Current liabililics
1.707
136.901
10,921
81,504
Total net assets
10,921
56,722
98,330
13 R¢lNt¢d pwrty ¢ronJActioni
The son of a fomier Tru51ee, Tracy Bradlaw. rcrKivcd £487 during the year for services r¢ndercd (2023..
£1.266).
Page 15

Promise Inelusion Limited
Detailed Statement of Financial Activities for the Year Ended 31 December 2024
2024
Unrestricted
fund5
General
Restricted
funds
TotRI
2023
Total
Donnlions and legaeies
Appeals and donations
Appeals and donations
Subscriptions
Sponsorship
Grants receivable
Grants receivable
9,121
9,121
46,136
4,467
1.592
95,369
46,330
4,197
3.207
4,285
1,557
70,060
63.385
46.136
4,467
1,592
95,369
96,933
106,082
203.015
146691
2024
Unreslri¢ted
funds
G¢n¢r#l
Total
2023
T•i#l
Investnwni Income
In￿reSt on cash deposits
2,469
2,469
2024
Unrestricted
rund$
GenerAI
R¢Jtrlcttd
furtdx
Total
2023
Total
Oiher Income
Aciivity fees
Activity fees
Other inwme
21.953
21,953
16,847
1.694
1,200
1,401
1,401
,401
21,953
23,354
19,741
This page does noi form part of the statutory financial statements.
Page 16

Promise Inclusion Limited
Detailed Statement of Financial Activltles for the Year Ended 31 December 2024
2024
Unrestric¢ed
funds
Gener41
Restricted
(unds
Tot¥1
2023
TotAI
Charilable aclivities
Fundraising costs
Fundraising ¢osls
Publicity costs
Wagcs and salaries
Wages and Salaries
Staff NIC (Employers)
Staff NIC (Employers)
Siaff pensions {D¢fined contribution)
Staff pensions (Defined ¢ontribuiion)
Insurance
Repairs and maintenance
Repairs and maint¢nomce
Depreciation of office equipmenl
Staff trainin8
Staff trainin8
Travelling
Travclling
Rent and rates
T¢l¢phon¢ and fax
Telephone and fax
Compuier software maintenance
costs
(4.550)
(4,550)
(984)
(253)
(105,526)
(72,720)
(182)
(5,834)
(2,941)
(3,634)
(4.923)
(1,746)
(2,989)
(768)
(440)
(I 10)
(1,976)
(292)
(7,949)
(2,392)
(377)
(984)
(324)
(253)
{105,526)
(103.358)
(48.648)
(1.900)
(1,268)
(1.855)
(3,572)
(4.593)
(477)
(3.634)
(342)
(1,543)
(286)
(5.062)
1,063
(7,626)
(2,289)
(658)
(72.720)
(182)
{5.834)
(2,941)
13,634)
{4,923)
(1.746)
(2.989)
(768)
(440)
(110)
(1,976)
(292)
(7.949)
(2.392)
(377)
(579)
(579)
Priniing, postsg¢ and $taiionery
Prinling, p)stage and stationery
Trade subscriptions
Trade Subscriptions
Sundry expcnse$
Sundry expenses
Cost of trustee me¢lings
Cost of trusiee meeiin8S
Consultancy fees
Legal and professional fees
Legal and professional fees
Bank charges
Computer software and maintenanc¢
costs
(2)
(1.657)
(2.843)
(2,843)
(168)
(559)
{731)
{181)
(4,946)
(81)
(463)
{168)
(559)
(731)
(34)
(66)
{5,613)
{353)
(181)
(4,946)
(81)
(463)
{192)
(2.576)
(61)
(2,101)
(64)
(2,101)
(64)
801
106.988)
(126,314
233.302
197,727
This page does not forni part of the slatulory financial $lalements.
Page 17

Promise Inelusion Limited
Detalled Statement of Financial Activities for the Year Ended 31 December 2024
2024
Unrestri¢t
funds
Gener*1
Tot*1
2023
Total
Govepndnce costs
Independent examiner fees
2,896
2,896
2,896
2.896
2,814
This page does not forni part of the sta￿tOry financial statements.
Page 18