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2025-08-31-accounts

Charity registration number 1122886

Company registration number 06136023 (England and Wales)

THE SAVIOUR TRUST

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

The Saviour Trust

Legal and Administrative Information

Trustees H Jones (Appointed 10 October 2024)
N McDonald
D Percival (Appointed 11 November 2024)
J I Warnett - Chair
Senior management H Iwanuschak General Manager
Charity number 1122886
Company number 06136023
Registered office Metic House
Ripley Drive
Normanton
West Yorkshire
WF6 1QT
Auditor B M Howarth
Metic House
Ripley Drive
Normanton
West Yorkshire
WF6 1QT
Bankers Barclays Bank plc
Market Place
Town Centre
Leicester
Leicestershire
LE87 2BB

The Saviour Trust

Contents

Page
Trustees' report 1 - 2
Statement of Trustees' responsibilities 3
Independent auditor's report 4 - 5
Statement of financial activities 6
Balance sheet 7
Statement of cash flows 8
Notes to the financial statements 9 - 16

The Saviour Trust

Trustees' report (Including director's report)

for the year ended 31 August 2025

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the audited financial statements of the charity for the year ended 31 August 2025.

Objectives and activities

The charity exists to:

  1. Further the welfare of children, young people and adults in the area of West Yorkshire, especially but not limited to those who are homeless or in danger of homelessness.

  2. Provide or facilitate the provision of housing, mentoring, counselling, advisory and welfare services, family care and personal development opportunities for persons within the beneficiary group.

  3. Provide assistance to and services to the homeless with a view to helping their rehabilitation.

Achievements and performance

In planning The Saviour Trust's (The Trust) activities for the year, we kept in mind the Charity Commission's guidance on public benefit at our Trustees’ meetings.

Our main activity is to provide housing and support to those who have become homeless due to family breakdown, poor money management, substance misuse, mental health issues etc.

All service-users are visited in their homes on a weekly basis and expected to attend a support session at the Centre or a Support Hub; any issues regarding the service-users or property are discussed at these meetings.

All properties are inspected weekly and brought into line with the current fire and health and safety regulations.

Over the last year the Trust has continued to grow to meet the increasing needs of often desperate people seeking a roof over their head, and pastoral care which the Trust offers.

During the year, it's housing stock has increased by 11 properties, so that the Trust was officially managing 285 properties (558 units). At the end of August 2025, we were accommodating 558 adults and 55 children. In the case of all children housed, the Trustees require staff to provide positive good care verification weekly, with any suspected or unusual behaviors being escalated to the local council family support unit.

Vic Iwanuschak continues to serve as the Patron of the charity.

Financial review

The Trust has enjoyed a successful year and, through diligent financial management, the charity's activities have produced a surplus for reinvestment in the Trust's activities of £172,452 (2024: £281,877), giving reserves at 31 August 2025 of £2,203,821 (2024: £2,031,369).

Free reserves policy

Our reserves policy aim is to hold free reserves sufficient to cover our assessed level of financial risk that could potentially arise to the continuing operations from any short term or more fundamental business interruption threat. This total risk is assessed at between £250,000 - £300,000.

The Board formally reviews our risks and reserves policy and cash holding regularly throughout the year.

Risk Management

The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Risk management is considered at all trustees meetings and procedures are in place to monitor risks. the effectiveness of these procedures and controls is reviewed regularly.

The Saviour Trust

Trustees' report (Including director's report) (continued)

for the year ended 31 August 2025

Plans for future periods

The Trustees are committed to continue to build up the operating reserves of The Trust so as to protect the sustainability of the Trust in being able to continue to provide its services. This includes using some of its reserves, as the Trustees and Management see appropriate, to purchase a limited number of properties for use by The Trust.

By the 31 August 2025 the properties utilised by the Trust totalled 285 (2024 - 285).

The Trust will continue to look for further funding opportunities so as to increase the number of individuals and families to whom The Trust can provide its services.

Structure, governance and management

N Brown (Retired 1 September 2024) H Jones (Appointed 10 October 2024) N McDonald D Percival (Appointed 11 November 2024) J I Warnett - Chair

Recruitment and appointment of trustees

The directors of the company are also charity trustees for the purposes of charity law and under the company's articles are known as members of the Board of Trustees.

All members of the Board of Trustees give their time voluntarily and received no benefits from the charity in their capacity as trustees. Mr. N Brown, who retired as a Trustee on 01 September 2024, received remuneration of £12,534 in 2024 (2025: £NIL) for work carried out in his capacity as treasurer and Housing Support Officer.

Trustees are appointed so as to provide a the necessary range of skills and expertise required to ensure the

successful achievement of the charitable company's objectives.

The Trust board of Trustees meets on a monthly basis (excluding December and August), to review department reports and Trust-wide performance.

Auditor

In accordance with the company's articles, a resolution proposing that B M Howarth be reappointed as auditor of the company will be put at a General Meeting.

Disclosure of information to auditor

So far as the trustees are aware, there is no relevant audit information of which the company's auditors are unaware and each trustee has taken all the steps that he or she ought to have taken as a trustee in order to make himself or herself aware of any relevant information and to establish that the company's auditors are aware of that information.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

The Trustees' report was approved by the Board of Trustees.

J I Warnett - Chair

19 May 2026

THE SAVIOUR TRUST

STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 AUGUST 2025

The Trustees, who are also the directors of The trust for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Saviour Trust

Independent auditor's report

to the Trustees of The Saviour Trust

Opinion

We have audited the financial statements of The Saviour Trust (the ‘charity’) for the year ended 31 August 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

The Saviour Trust

Independent auditor's report (continued)

to the Trustees of The Saviour Trust

Responsibilities of Trustees

As explained more fully in the statement of Trustees' responsibilities, the Trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Charles R Moorby (Senior Statutory Auditor) for and on behalf of B M Howarth Chartered Accountants Statutory Auditor Metic House Ripley Drive Normanton West Yorkshire WF6 1QT

19 May 2026

The Saviour Trust

Statement of Financial Activities Including Income and Expenditure Account

for the year ended 31 August 2025

Notes
Income from:
Charitable activities
2
Investments
3
Total income
Expenditure on:
Charitable activities
4
Other expenditure
8
Total expenditure
Net income and movement in
funds
Reconciliation of funds:
Fund balances as at 31 August
2024 / 2023
Fund balances as at 31
August 2025 / 2024		 Total
Restricted
funds
funds
2025
2025
£
£
6,000,294
92,820
4,424
-
6,004,718
92,820
5,756,034
92,820
76,232
-
5,832,266
92,820
172,452
-
2,031,369
-
2,203,821
-		 Total
2025
£
6,093,114
4,424
6,097,538
5,848,854
76,232
5,925,086
172,452
2,031,369
2,203,821		 Total
Restricted
funds
funds
2024
2024
£
£
5,501,067
92,900
3,555
-
5,504,622
92,900
5,162,892
92,900
59,853
-
5,222,745
92,900
281,877
-
1,749,492
-
2,031,369
-		 Total
2024
£
5,593,967
3,555
5,597,522
5,255,792
59,853
5,315,645
281,877
1,749,492
2,031,369

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The Saviour Trust

Balance sheet

as at 31 August 2025

Notes
Fixed assets
Tangible assets
10
Current assets
Debtors
11
Cash at bank and in hand
Creditors: amounts falling due within
one year
12
Net current assets
Total assets less current liabilities
The funds of the charity
Unrestricted funds
15		 2025
£
£
1,392,639
337,413
853,943
1,191,356
(380,174)
811,182
2,203,821
2,203,821
2,203,821		 2024
£
£
1,365,202
226,395
724,941
951,336
(285,169)
666,167
2,031,369
2,031,369
2,031,369		 2024
£
£
1,365,202
226,395
724,941
951,336
(285,169)
666,167
2,031,369
2,031,369
2,031,369
2,031,369
2,031,369
2,031,369

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 August 2025, although an audit has been carried out under section 144 of the Charities Act 2011.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 19 May 2026

J I Warnett - Chair

Company registration number 06136023 (England and Wales)

The Saviour Trust

Statement of Cash Flows

for the year ended 31 August 2025

2025
Notes
£
Cash flows from operating activities
Cash generated from operations
18
Investing activities
Purchase of tangible fixed assets
(105,480)
Proceeds from disposal of tangible fixed
assets
7,356
Investment income received
4,424
Net cash used in investing activities
Net cash used in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
Relating to:
Cash at bank and in hand
Bank overdrafts included in creditors payable
within one year		 2024
£
£
£
226,234
291,432
(184,561)
9,081
3,555
(93,700)
(171,925)
-
-
132,534
119,507
701,202
581,695
833,736
701,202
853,943
724,941
(20,207)
(23,739)

THE SAVIOUR TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

Charity information

The Saviour Trust is a private company limited by guarantee incorporated in England and Wales. The registered office is Metic House, Ripley Drive, Normanton, West Yorkshire, WF6 1QT.

1.1 Accounting convention

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.

1.2 Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

1.5 Expenditure

Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

THE SAVIOUR TRUST

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

(continued)

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings 2% straight line Fixtures and fittings 25% reducing balance Motor vehicles 25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Income from charitable activities

Lottery funding
Rental Income		 Total
Restricted
funds
funds
2025
2025
£
£
-
92,820
6,000,294
-
6,000,294
92,820		 Total
2025
£
92,820
6,000,294
6,093,114		 Total
Restricted
funds
funds
2024
2024
£
£
-
92,900
5,501,067
-
5,501,067
92,900		 Total
2024
£
92,900
5,501,067
5,593,967

THE SAVIOUR TRUST

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 AUGUST 2025

3
Income from investments
Interest receivable
4
Expenditure on charitable activities
Direct costs
Staff costs
Depreciation
Property costs
Motor expenses
Starter packs
Tenant subsidys
Bad debts
Insurance
Telephone
Computer expenses
Activities
Sundry expenses
Share of support and governance costs (see note 5)
Governance		 Total
funds
2025
£
4,424
Total
2025
£
1,423,501
61,561
3,833,237
104,147
100,983
74,440
64,454
31,077
17,055
7,781
61,938
30,756
5,810,930
37,924
5,848,854		 Total
funds
2024
£
3,555
Total
2024
£
1,205,984
59,805
3,446,473
115,256
100,572
82,334
37,590
27,920
17,569
41,714
36,269
34,421
5,205,907
49,885
5,255,792

THE SAVIOUR TRUST

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 AUGUST 2025

5
Support costs allocated to activities
Governance
Governance costs comprise:
Audit fees
Accountancy
Legal and professional
6
Net movement in funds
The net movement in funds is stated after charging/(crediting):
Audit fees
Depreciation of owned tangible fixed assets
Loss/(profit) on disposal of tangible fixed assets
7
Employees
The average monthly number of employees during the year was:
Support staff
Employment costs
Wages and salaries
Employers pension		 Total
2025
£
37,924
2025
£
14,100
3,016
20,808
37,924
2025
£
14,100
61,561
9,126		 Total
2024
£
49,885
2024
£
14,100
16,214
19,571
49,885
2024
£
14,100
59,805
(2,047)
2024
Number
41
2024
£
1,157,546
48,438
1,205,984
2025
Number
47
2025
£
1,367,761
55,740
1,423,501

There were no employees whose annual remuneration was more than £60,000.

THE SAVIOUR TRUST

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 AUGUST 2025

7 Employees

(continued)

Remuneration of key management personnel

One of the trustees was paid remuneration in prior periods.

Mr Brown was paid remuneration in 2024 for employment for charity including being treasurer, and homeless support officer. This remuneration was £12,534 (2025: £NIL).

Mr Brown retired on 01 September 2024 and was previously a related party.

None of the trustees have been paid any expenses in the current or prior periods, no trustees have been paid remuneration for being a trustee.

8 Other expenditure

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Net (profit) / loss on disposal of tangible fixed assets 9,126 (2,047)
Welfare costs 6,450 4,937
Premises costs 60,250 55,678
Other interest payable 406 1,285
76,232 59,853

9 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

THE SAVIOUR TRUST

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 AUGUST 2025

10
Tangible fixed assets
Cost
At 1 September 2024
Additions
Disposals
At 31 August 2025
Depreciation and impairment
At 1 September 2024
Depreciation charged in the year
Eliminated in respect of disposals
At 31 August 2025
Carrying amount
At 31 August 2025
At 31 August 2024
11
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
12
Creditors: amounts falling due within one year
Other creditors
Other taxation and social security
Trade creditors
Accruals and deferred income		 Land and
buildings
Fixtures and
fittings
£
£
1,438,116
87,724
-
12,522
-
-
1,438,116
100,246
163,801
65,724
28,749
7,681
-
-
192,550
73,405
1,245,566
26,841
1,274,315
22,000		 Land and
buildings
Fixtures and
fittings
£
£
1,438,116
87,724
-
12,522
-
-
1,438,116
100,246
163,801
65,724
28,749
7,681
-
-
192,550
73,405
1,245,566
26,841
1,274,315
22,000		 Motor
vehicles
£
187,929
92,957
(50,655)
230,231
119,041
25,131
(34,173)
109,999
120,232
68,887
2025
£
5,035
383
331,995
337,413
2025
£
20,207
220,648
31,404
107,915
380,174		 Total
£
1,713,769
105,479
(50,655)
1,768,593
348,566
61,561
(34,173)
375,954
1,392,639
1,365,202
2024
£
27,191
383
198,821
226,395
2024
£
23,739
148,163
41,092
72,175
285,169
100,246
65,724
7,681
-
73,405
26,841
22,000

THE SAVIOUR TRUST

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 AUGUST 2025

13 Retirement benefit schemes

Retirement benefit schemes
2025 2024
£ £
Charge to profit or loss 55,740 48,438

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

14 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 Incoming Resources At 31 August
September resources expended 2025
2024
£ £ £ £
The National Lottery - 92,820 (92,820) -
Previous year: At 1 Incoming Resources At 31 August
September resources expended 2024
2023
£ £ £ £
- 92,900 (92,900) -

15 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1
September
2024
Incoming
resources
Resources
expended
£
£
£
General funds
2,031,369
6,004,718
(5,832,266)
Previous year:
At 1
September
2023
Incoming
resources
Resources
expended
£
£
£
Sustainability fund
224,606
-
-
General funds
1,524,886
5,504,622
(5,222,745)
1,749,492
5,504,622
5,222,745		 Transfers At 31 August
2025
£
£
-
2,203,821
Transfers At 31 August
2024
£
£
(224,606)
-
224,606
2,031,369
-
2,031,369		 Transfers At 31 August
2025
£
£
-
2,203,821
Transfers At 31 August
2024
£
£
(224,606)
-
224,606
2,031,369
-
2,031,369
2,031,369

THE SAVIOUR TRUST

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 AUGUST 2025

16 Analysis of net assets between funds

Unrestricted
funds
2025
£
At 31 August 2025:
Tangible assets 1,392,639
Current assets/(liabilities) 811,182
2,203,821
Unrestricted
funds
2024
£
At 31 August 2024:
Tangible assets 1,365,202
Current assets/(liabilities) 666,167
2,031,369

17 Ultimate controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

18
Cash generated from operations
Surplus for the year
Adjustments for:
Investment income recognised in statement of financial activities
Loss/(gain) on disposal of tangible fixed assets
Depreciation of tangible fixed assets
Movements in working capital:
(Increase) in debtors
Increase/(decrease) in creditors
Cash generated from operations		 2025
£
172,452
(4,424)
9,126
61,561
(111,018)
98,537
226,234		 2024
£
281,877
(3,555)
(2,047)
59,804
(22,762)
(21,885)
291,432