Company registration number 7012694 (England and Wales) Charlty reglstratlon number 1131987 IEngland and Walesl GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 202S GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr Christopher Carnpbell Miss Marnie Hayward Mr Nick Ratty Mr Mark Dawson Mr Gordon Lishman C8É (Chairl Ms Valerie Marshe IAppointed 15 July 20251 Secretary Mlss Maureen Nolan Char5ty number (England and Walesl 1131987 Company numb•r 7012694 Reg15tered offlce 2 Kingdom Street London W2 680 Independent examlner Tony Stanley ACA Mitchell Charlesworth Suite5 C,D.E. & F 14th Floor The Plaza ILX) Old Hall Street Liverpool L3 9QJ Bankers HSBC Bank PLC 99-101 Lord Street Liverpool Mer5ey5ide L2 6PG Sollcltors Wrigleys Solicitors LLP 3rd Floor, 3 Wellington Place Leed5 West Yorkshlre LSI 4AP GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE CONTENTS Pagt Trustees. report, including Statement of trustees. responsibilities Independent examiner's report Statement ol financial activities 8alance sheet Statement ol cash flgws Note5 to the financial staternents 10-15 GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT (INCLUDING DIRE￿oRs, REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2025 The trustees present theSr annual report and financlal statement5 for the year ended 30 September 2025. The financlal Statements have been prepared In accordance with Ihe accounting pollcle$ Set out In note I to the flnanclal statements and comply with the charlty's governlng document, Ihe Companies Act 2￿6. FRS 102 "The Financial Reportln8 Siandard appliiable In the UK and Republic of Ireland" and the Charitles SORP "AccountlnR and ReportlnK by Charities. Staternent of Recommended Prartice applicable to charliie5 preparing thelr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 la5 amended for accounting perSod5 cornmenclng from I january 2016" Oblectl¥es and J¢tl¥ltles The objects are to promotè and support 8as safety In Ordèr to advatste hèalth and savÈ lives by providln8 educatSon In ￿latIon to 83s safety and by promoting any purpose that Is charltable according to the laws of En8land and Wale5 and whlch further5 8a5 salely as determined by the Trustee5. Artlvltbes During the reporting period, the Charity focused on it5 two exlsting rnajor successful grant pmgrdmme5 and also on the two vear pilot projert with CitiEens Advice Stockport. Oldham. Rochdale. Trafford ICASOflTI. Durln8 the reporting perlod, the charfty made the lollowln8 substantlal 8rants'. The Programme focuses on de¥elopin8 and promotin8 advisory and tampai8n material on carbon monoxide ICOI poisonin8 by offerin8 a range ol accessible resource5 including in-person workshops. online workshops and e-learning. The target audien¢e lor the Programme Is "trusted Intermediarie5" In the public sector, voluntory organlsatlon5 and care providers. These are the people most irusied to advlse service users and, as they vlsli people In their homes or offer advice over the phone, they can look lor and ask about symptoms and danger polnts. The materials Include advlsory leaflets. factsheets, posters and tralnln8 materSa15 which were It￿$ed and updated durin8 the year. The hlRhest level of engagement was fr¥r onllne learnin8, either via the online workshops or the e-learnln8 package. Dudn£ the period, 56 online workshops We￿ delivered across th￿e dellvery model$18enerlc, customised and In partnership), 1,137 people regi5tertd for 36 generic online workshops. The Piogramme had more demand than empected lor customised Workshops and 10 cu5t0rn15ed workshop5 were deliveved to over 2CQ people. A new model ol delivering online work5hop5 was developed in partnership with the National Energy Foundation's Better Housing Better Health project. During the year. seven workshops were delivered to approximately 215 people. Fate io face workshops were run In partnership wlth SGN (ln Scotland and ihe South East) and Wales & Wesl utllStSes with jèrsey Flre and Rescue Servlce. The workshops were dèlivered in Portsrnouth. Brlstol. Glas8ow. Filè and St Heller and werè run as minl conlerences with presenters Irorn Other organisations sharing information and re50urces. A customised face to face workshop for Nottinghamshire County Council and Nottlngham City Councll staff from their sensory loss team IADVISI with a particular locus on messa8es for vulnerable clients with hearing loss. Three customised workshops were run wlth the Scouts at two residential events held for SCO￿ leaders. Registratlon5 for the Benerlc e-learnln8 course remalned steady with a consisteTht demand across the year and 393 people re8isiered for the course durin8 the year. SCORM versions of the e-learnin8 course were added to the learnln8 maTha8ement Systems of organisatSons Includln8 Bri8hton Covncll, the Centre for Sustainable Energy and SGN. A cvstomised e-learnln6 COU￿ for the Scouts was developed whlch is now compulwry for all scout leadets In the UK. A serie5 of further resour￿5 for people and organisations IncludSng downloadable guides are available from the GSC website. Short films are avallable vla YouTube." 8SL Idownloaded 4.320 times).. Hlndl (downloaded 730 tlmesl- English Idownloaded 221 times)., 8an8la Idownloadecj 155 fimesl, An App targèted at peoplÈ who have bÈÈn Èn8agÈd with the Thlnk CO Programmè has bèÈrt dèveloptd. An Android vèrslon Is available ènd an Apple version wlll be launched soon. GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 A CO risk a55e5sment checklist 15 under development and will be tested between September and November 2025 in a rural area in Newcastle involving a range ol client5 and properties. The Think CO Programme produces a quarterly newsletter outlining the Programme's work as well as Information on CO safety. The rnailing list has over 2,500 people and 15 GDPR compliant. A Trustee Review Group monltored the programme and met the delivery agency on a regular basls durlng the year to review progress Foundatlons Inde endent Llvln Trust FILT The Charity continued to fund the successful programme in collaboration with Foundations Independent Llving Trust IFILTI lor a further year, The grant IS spent via local Home lrnprovement Agencies IHIAS) on srnall grants to individuals and families in urgent need of a small sum of money to Inspeci, repair or replace gas systems and appliances. All the work undertaken relates directly to improving or maintaining gas safety, in the form of inspections, services. or repairs to pipework, lires, boilers and cookers. The grants facilitated by the Charlty also enable local HIAS to access further support. The funding leveraged in frorn other sources to supplement the support provided by the Charity during the period lor g35 safety related work w35 £324,491 which 518nificantly increases the total value of the Charity's contribution. It does not include other interventions that often arise from HIA vlsits, Includln8 welfare beneflt checks and other home safety projects. The Programme has a $18nlllcant Impact on the Ilves ol vulnerable people. Everyone who has benelltted from the scheme Ilves in privately owned accommodation and most are over 60 with low Income andlor a disabilitvi smaller numbers ol clients are under 60 with low income andlor a di5ability.' and a srnall number of others are considered by the HIA to be ex£eptionallv vulnerable. The grant awarded for the period was £275,000 plus a Service Dellvery charge of £33,757 lincludlns VATI. The amount spent durln8 the period was £284,931.32 wlth the balance concernlng cases noi fully complered carried forward to the following Year. The shortfall In spendlng was prlmarily due to one HIA (Happy Ener8yI shiftin8 thelr focus to renewable technologies and withdrawing their support late in the year. 14% of intervention5 received allocation5 frorn the Charity ol between £51 and £100. During the perlod. 1,659 households were helped with gas safety intervention work from the Gas Safe Charlty, against the target of 1,500. A total of 3,142 different measures were undertaken to improve ga5 safety, comprising 2.529 repair/servicing measures and 613 ￿placement measures. Some interventions involved more than one measure and as a result, the number of measures exceeds the number of beneliciarles. The average cost per inierventlon was £173.74 a8alnst the target of £186.05. The most frequently requested interventions were for gas servlcing repairs. gas boiler repairs or gas safety checks 15641. Funds were distributed to a total of 36 delivery partner5 acr055 the UK, including Care & Repair orgaFii5ation5. housing associations and services within local authorities. G35 Safety promotional work wa5 undertaken using a range of method5, both at local level by partner agencies and nationally with FILT. In addition, FILT manages a small national grant from the Charity of £S.000 which enables the HIAS in England and Scotland which are not amongst the selected local delivery partners to apply lor and access the fund, subject to the usual criteria. The grant to Care & Repair Cymru cover5 the whole ol Wale5. Quarterly returns were presented to the Board outlining work undertaken and key perforrnance targets. A Trustee Review Group monitored the proBramme and met the delivery agency on a regular basis during the year to review progress. CASORT A two year pilot project between the Charity and Citizen5 Advice Stockport, Oldham, Rochdale and Trafford Group ICASORTI commenced on 01 April 2025. The project is a scalable rnodel aimed at expanding awarene55 and resource5 around ga5 safety in the Greater Manchester area. Total funding for the project is £150.000,. £80.000 wa5 provided by HSE and the Charity will provide the remaining £70.000 for the second year. GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 The programme fo£use5 on three core areas., an education carnpaign to raise awarenes5.' grant5 to 5UPPOrt servicing of ga5 appliances., and signposting and referral to existing national and local schemes The project will support 44,700 people with online and practical support on how to be 8as safe, provldin8 flnanclal assistance to the most vulnerable people lor servicing and repairing ga5 appliance5 Wlth advice and information on accessing grant5 lor replacements where appropriate. During the period April to Septernber 2025. there was engagement with 31 community or8anisations (against a target of 3SI and 205 household5, 8 community outreach sessions were delivered and S CO monitors were distributed, During the period there wa5 a total marketing engagement reach of 17.937. Sncluding Social media impre5SIOn5. soclal medSa engagements. blog reads and copy in prlnted editions ol the Stockport and Traffgrd P05t. A Trustee Review Group Monitored the programme and met the delivery agency on a regular basis during the year to review pro8ress. FlnèncSèl r•vl•w Total income to the charitable company for the period was £620.41312024.. £594,708). Expenditure totalled £645.98312024.. £533,0561, with net expendIUt￿ of £25,57012024.. net income of £61,652). All funds are unrestricted. Reserves pollcy The General Fund 15 the accumulated revenue reserve and 15 available to be spent at the discretion ol the Trustees. The Trustees have agreed that the Charity wlll not bulld substantial reserves and wlll use Its Income to meet the needs of benellciarles and to maximise the Charlty's eflectlveness In meetln8 Its objects as opportunlties arlse. As the charlty has no contlnuln8 obli8atlons to set a8alnst Sts Income, it has no formal reserves pollcy. The Charlly's ma5n income Is receSved In Mav each calendar year and it manages its expenditure over the financial year IOctober- Septemberl. At 30 September 2025, total reserves were £801,18012024'. £746,750). Invesrmenr policy The continuin8 objectlve of the charity's Investrnent pollcy Is to rnaximise Income In the medlum term to spend for the benefit of the charity's beneficiaries. It is mana8ed on behalf of the Board by the Investrnent Comrnittee whlch meets as requireij. The Investment Commlttee Is advised as necessary on the prudent stewardship of resources and takes declslons from tlme to tlme on the management ol accumulated reserves. Risk Monogement The Trusrees review the full Rlsk ReBlster each year and the overall level of rlsk Is assessed as low. During the year, the charity reviewed its financial and banking arrangements and is satisfied that they continue to be secure. The charity remalns assured the 8rants have been properly spent on thelr desi8nated purposes in the inte￿$t$ of the charlty's beneficiaries. Plans fof future perlods A new Concession Agreement between the Health & Safety Executive IHSEI on behalf of Government and Capita Business Services Limited came into effect from April 2025 and the first payment under the new Concession Agreement of £495,120 was received in July 2025. Payment5 will be adjusted annually in line with increases in CPI lindexation based on the rate at 30 November each yearl, the first adjustment taking place at the end of the second Contract Year. The level of continuing incorne to the Charity is guaranteed until December 2029. The Charity continues to focus on its successful and proven core programmes, developing and expanding these where possible Into new and related areas. Decislons on whether to contlnue to fund Indlvidual projects are based on outcomes presented to the Board In ￿gular reports during the projett. Each year, the grant recipients submit a proposal and the Board decides on the basls ol the application and the 5ucce5s of the Programme during the year whether to continue or amend the grant. GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Structurei governance and management The charity Is a company limited by euarantee without share capital governed by Its Memorandum and Articles of Association, incorporated in England and Wale5 on 8 September 2009 Icornpany re815tration number 70126941 and re8lStered as a charity with the Charity Commission on 5 October 2009 (charity registration number 11319871. The period of the account5 covered bv this report 15 from l October 2024 to 30 September 2025. The trustees, who are also the director5 for the purpose of company law. and who served during the year and up to the date of signature of the financial statements were.. Mr Christopher Campbell Mrs Zoe Fenwlck Miss Marnie Hayward Mr Nick Rattv Mr Michael Risden Mr Johnaihan Samuel Ivlce Chalrl Mr Mark Dawson Mr Gordon Lishman CBE (Chairl M5 Valerie Marshe IResl8ned 23 September 20251 (Resigned 15 July 20251 IResigned 25 November 20251 IAppointed 15 July 20251 Recruitmenr ond oppointment ol rrusrees The 8gard Met on six occaslgns during the year tg transact the busSne55 Qf the charity, plus an Awayday session. Each of the Charlty's major projects is overseen by a small Revlew Group of Trustees who meet re8ularly with the prolect manager5 and provide scrutiny and feedback to Board rneetings. Capita nomlnated a new Provider Trustee In July 2025. New Trustees are asked to $58n a declaration of willln8ness to serve and partlcipate In an Inductlon sesslon shortly alter appointment. A pack of background readin8 and reference material Is provided to new Trustees and important documents are stored centrally on SharePoint and are available to all Trustees. Trustees are asked perlodically to identify any individual or group training needs, which are addressed at an Awayday session or 35 appropriate. Pub15c Benefll The trustees have considered the Charity Commlssion's 8uidance on public benefit and are satlslled that the actlvities ol the charity are wholly appropriate in that context. The Charity's activities are for the benefit of the public, via the major grant pro8rammes. These pro8rarnmes target people who are most vulnerable and hard to reach, with tailored messages about carbon rnonoxide and g35 5afetv. The Think CO programme helps to ensure that the'trusted intermediaries, Ipeople who work directly with those potentially at rlskl know the symptoms and danger si8nals of carbon monoxide polsonin8 and also that they communicate those to older and disabled people, those with lon8 term medical conditions and others who are vulnerable. The Charity works in partnership with Foundation5 Independent Living Trust IFILTI on it5 programme aimed at irnproving gas safety in the homes of older, disabled and vulnerable people in ca5e5 of hardship and urgency. The CASORT proBrarnme drive5 the Charity's me5saBe5 to the most vulnerable group5 in the Greater Manchester area. The programme ernpower5 diverse community organis3tion5 and leader5 in advising their own communities, reaching more people and specifically those who are conventionally described as-hard to reach-. GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT (INCLUDING DIRE￿oR5, REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 St•tement of trustee5' ￿POnSIbIlItI The trustees, who aTr also ihe dlrettors of Ga$ Safe Charlty for the purpost of company liw, aTr rt5ponsSble for preparing the Tru5tees' Report and ihe financial staternents in aciordance wlth applitable law and United Kbngdom Attounting Standards (United Klngdom Generally Accepted Accountin8 Prartlcel. Company law requires rhe trustees io prepare f¢nancial staiements for each linanclal year which give a true and falr View ol the slate ol allairs ol the IharTriY and of ihe incomin8 fesources and applicèiion ol resoutces, IncludSn8 the Income and expenditure. ol the charitable compèny lor that year. In preparinz these finaniial statement5, the trustee5 are required to.. select suitable accounting poliiie5 and then apply them COns￿le￿Ilv, observe thE methods and principle5 in the Charitie5 SORP, make ludgement5 and estirnaies that are reasonable and prudent: state whether applicable UK Accounting Siandards have been lollowed, 5ublect to any materSal departures dlsclo5ed and explained In the financsal staiements,. and p￿pare the Ilnancial staiements on the 801fi8 concern basls unless h IS Inappfopflate to presume thai ihe ch4rlty wlll tontlnue In operation. The trustees are fesponsible lor keoping adequaie accounting records that discloso with roasonable accuracy 31 any time the financial position of the charity and enable them io ensu￿ that the tinancial statements comply with the Companies Act 2(Th, They are also responsible lor sale8uardin8 the assets ol the charity and hence for taking reasonable sieps lor the prevention and detèction ol Iraud and other Ifrè8ulariti•s. The trustees. report wa5 approved by the Trustees. Mr Gordon Llshman CBE Ichalrl Trustee 24 June 2026 GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GAS SAFE CHARITY I report to the trustees on my examination of the financial statements of Gas Safe Charity (the charity) for the year ended 30 September 2025. This report is made solely to the charity's trustees, as a body, in accordance with Section 145 of the Charities Act 2011. My examination ha5 been undertaken so that I might state to the charitV'5 tru5tee5 those matter51 arn required to state to them in an Independent Examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or 3s5urne responsibility to anyone other than the charity and the charity's trustees as a body, for my examination, for this report, or for the opinions I have formed. Re5ponslbllltle5 and ba515 of report As the trustees ol the charity land a150 Its directors for the purposes of company lawl, you are responsible for the preparation of the financial statement5 in accordance with the requirement5 of the Companie5 Act 2006. Havln8 satlsfled myself that the fSnancSal statements of the charlty are not required to be aud5ted under Part 16 01 the Companies Act 2006 and are elS8ible for Independent examination, I report In respect of my examlnation ol the charlty's fSnan£Sal 5taternents carried out under section 145 01 the Charitle5 Act 2011. In carrylnB Out rny examinatlon I have lolltswed the Directions given by the Charity Comrnission under section 14515llbl ol the Charities Act 2011. Independent examlner's statement Since the charity's 8ross income exceedeij £250,OCM), the Independent exarrlner must be a member of a body1Ssted In sectlon 145 of the Charities Act 2011. 1 conllrm that l am qualllled to undertake the examlnatlon because l am a member ol the ICAEW, whlch Ss one of the Ilsted bodles. have completed My examinatlon. I conflrrn that no rnatters have come to my attentlon In connectlon wlth the examlnation 8lvln8 me cause to believe that in any material respect.. accounting record5 were not kept in respect ol the charitv a5 required by section 386 of the Companies Act 2￿6. the flnanclal statement5 do not accord with those records., or the financial statements do not Comply with the accounting requirement5 of section 396 01 the Companie5 Act 2006 other than any requirement that the financial 5tatement5 give a true and fair view. which 15 not a matter considered a5 part of an independent examin3tion', or the financial statement5 have not been prepared in accordance with the methods and principle5 of the Statement of Recommended Practice for accounting and reporting by charitie5 applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in thi5 report in order to enable a proper understanding ol the financial staternents to be reached. Tony Stanley ACA Mitchell Charle5WQrth Suites C,D,E, & F 14th Floor The Pl32a 100 Old Hall Street Liverpool L3 9QJ Date.. 29 June 2026 GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Unrestrl¢ted funds Unrestrlrted funds 2024 2025 Notes Incofflt from.. Donations and legacles Investments 620,399 14 591,676 3,032 Totzl Income 620.413 594,708 Expendlture on.. 715.983 533,056 Total èxptndlturè 715.983 533,056 Net Incomellexpendlturel and movement In funds 195,5701 61,652 Reconclllatlon of funds: Fund balance5 at l October 2024 746,750 685,098 Fund balance5 at 30 September 1025 651.180 746,750 The statement ol financial actlvities Includes all gains and losses retognised in the year. The statement of flnanclal activltie5 complles with the requirement5 lor an Income and expendlture account under Companie5 Act 2006. All Income and expenditure derive from contlnuin8 actlvltles. GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE BALANCE SHEET AS AT30 SEPTEMBER 2025 2025 2024 Curr•ni •u•ts Debiors Cash at bank and In hand li 281,278 574,805 240,000 535,933 856.083 1204,9031 775.933 129,1831 Cr•dltors: amounti h111￿ du• ¥Athln on• y•ar 12 N¢t currnnt 45s•ts 651,180 746,750 The funds of the ch•rlry UnreMilcted lund5 651,180 746,750 651.180 746,750 The ¢ornpan¥15 enlltled to the exemptlon Irom the audlt requlremtnt contalned In secilon 477 91 the Comp4n5e5 A¢1 2CQ6, lof the year ended 30 September 2025. The dlrectors atknowled8e ihelr ￿SponSIbIlItIeS for comply4n8 wSth the ￿quIrementS ol ihe Companles Act 2￿6 wlth respect to actounlln8 records and the preparatlon of flnanclal Statements. The members have not requlred the compaThy to obtaln an audlt of its flnancial statements for the year In question In ccordance with settion 476. These financial statemenis havè been prepared In a¢cordante wSth th• provlslons appllcablt to companles sublect to the small companles reglme. The flnanclal statementj were appro¥ed by ihe iruslees on 24 June 2026 Mr Gordon Llshman C8E IChalTI rNst•• GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2025 2025 2024 Notes Cash flgws from operatlng a¢tl¥ltles Cash generated from operations 14 38.858 51,382 Investln8 a¢tlvltles Investment income received 14 3,032 Net cash generated from Investlng actlvltlès 14 3,032 Net cash used In Ilnanclng actlvltles Net Intrèasè In tash and cash Èqulvaltnts 38.872 54,414 Cash and cash equlvalents at beginnln8 of year 535,933 481,519 Cash and cash equlvalent5 at end of year 574.805 535,933 GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accountlng pollcles Charlty Inlormatlon Gas Safe Charity is a prlvate company1SmSted by 8uarantee Incorporated In En8land and Wales. The re8lsiered offSce 1$ 2 KSngdom Street. London, W2 6BD. 1.1 Basls of preparatlon The financial statement5 have been prepared in accordance with the charity'5 governing document, the Cornpanies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charitie5 SORP '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 IFRS 1021 The charity Is a Public Beneflt Entlty as defined by FRS 102. The f5nanclal statements are prepared In sterlln8, whlch Is the lunctlonal currency of the charlty. Monetsry amounts In these financial statements are rounded to the nearest £, The financial statements have been prepared under the historical cost convention. The prlnclpal accountSng pollcles adopted are set out below. 1.2 Golng concern At the time of approvin8 the financial statements, the trustees have a rèasonable expectatlon that the charity has adequate resource5 to continue in operational existence for the foreseeable future. Thus the trustees contlnue to adopt the going concern basi5 gf accgunting Sn preparlng the financial 5taternents. 1.3 Charltable fvnds Unrestricted funds are avallable for use at the discretion of the trustees In furtherance ol thelr charitable objectlves. Restrlcted funds are subject to spècific £ondStions by donors or grantors as to how they may be used. Thè purposes and uses of the re5trlcted funds are Set out In the notes to the financial 5taternents. Endowment funds are sublect to speclflc condltlons by donors that the capltal must be malntained by the charlty. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met. the arnount5 can be measured reliably, and it 15 probable that incorne will be received. Cash donations are reco8nlsed on ￿ceIpt. Other donatlons are reco8nised once the charity has been notllled ol 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 15 recogni5ed at the time of the donation. Grants and voluntary Iniome which are donatlons are reco8nlsed on accrual basls. 1.5 Expendlture Expenditure is ￿to￿nised once there is a le8al or constructive obli8atitsn to transfer economic benefit to a third party. it 15 probable that a transfer of economic benefit5 will be required in Settlement, and the arnount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity a￿ made up of the total of direct costs and shared costs, including support C05t5 involved in undertaking each activity. Direct C05t5 attributable to grant5 payable are charged to the Statement of Financial Activities when they have been approved by the Board of Trustees. Expenditure includes anv VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. 10- GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accounting pollcles Icontlnuedl Governance Costs relate solely to the general running of the charity as opposed to management ol charitable activitv. They comprise independent examination costs. company secretarial costs and expenses incurred in relation to Trustee meetings and activities of a governance nature. 1.6 Cash and cash equlvalents Cash and cash equivalents Include cash In hand. deposlts held at call wlth banks, other short-term Ilquld investments with ori8inal maturitie5 01 three rnonths or less, and bank overdraft5. Bank overdrafts are shown within borrowinBS in 1.7 Flnanclal Instruments The charlty has elected to apply the provlsions ol SectSon 11 '8asSc Financial Instruments. and Section 12 '0ther Financial In5trurnents 15sues' of FRS 102 to all of its financial instrument5. Financial instruments are reco8nlsed In the charity's balance sheet when the charlty becomes party to the contractual provlslons of the Instrument. Financial assets and liabilities are offset. with the net amounts presented in the financial statements, when there is a legally enforceable right to Set off the recognised arnounts and there is an intention to settle on a net basis or to reali3e the asset and settle the Ilabillty 51multaneouslv. oslcflnt7nclqlJssets 8aslc financial assets, whlch Include debtors and cash and bank balances, are InStlally measured at transactSon prlce IncludSn8 transactlon costs and are subsequently carried at amortlsed cost usSn8 the ellectlve interest method unless the arran8ement constitutes a flnaneing transaction, where the transactlon is measured at the present value of the future receipts discounted at a market rate ol interest. Financial assets classified as receivable within one year are not arngrtised. 8oslcllnt7nclolllubllltle5 Baslc flnanclal Ilabiliiies, Includln8 creditors and bank loans are Initially reco8nised at transactlon prlce unless the arrangement constitutes a flnancln8 transaction, where the debt instrument is measured at the present value ol the future payments discounted at a market rate of interest. Financial Ilabllitles classified as payable within one year are not arnort15ed. Debt Instruments are subsequently carrled at amortised cost, using the effectlve interest rate method. Trade Creditors are obli8ations to pay for 8oods or servlces that have been aCqUi￿d In the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented a5 non-current liabilities. Trade creditors are recognised initially at transaction price and 5ub5equentlv measured at amortised cost using the effective interest method. Derecognltlon offlnonclt7111obllltles Financial liabilities are derecognised when the charSty's contractual obliBations expire or are dlscharged or cancelled. 1.8 Taxatlon The charity benefits from various exemptions from taxation afforded by tax legislation and is not liable to corporation tax on income or gains falling within those exemptions. The charity is not able to recover Value Added Tax. Expenditure is recorded in the accounts inclusive of VAT. 11 GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Crltlcal accountlng estlmates and judgements In the appllcation of the charity's accounting polieies, the trustees are ￿qUired to make judgements, estirnates and assumptions about the carrying amount of as5et5 and liabilities that are not readily apparent from other source5. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlylng assumptions are revlewed on an ongolng basls. Revislons to accounisn8 estimates are recogni5ed in the period in which the estimate is revised where the revision affects only that period, or in the period ol the revision and future periods where the revision affects both current and future period5. No significant accounting estirnates or judBernents were applied in the preparing these financial statements. Incomt from donatlons and Itgaclts Unrestrl¢ted funds 2025 Unrestrlrted fund5 2024 Donatlons and glfts 620.399 591,676 Donallons and g1ft5 Grants Donatlons and glfts 580.280 40,119 569,526 22,150 620.399 591,676 Income from InveMments Unrestrlcted funds 2025 Unrestrlrted funds Z024 Interest receivable 14 3,032 12- ## **GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_ ## **5 Expenditure on charitable ac'vi'es** |||**Charitable**|**Charitable**| |---|---|---|---| |||**ac'vi'es**|**ac'vi'es**| |||**2025**|**2024**| |||**£**|**£**| ||**Direct costs**||| ||Founda�ons Independent Living Trust Grants|300,000|275,000| ||FILT Service fees|37,132|33,757| ||Think CO Grants|182,225|191,700| ||CASORT Grants|150,000|­| |||669,357|500,457| ||**Share of support and governance costs (see note 6)**||| ||Governance|46,626|32,599| |||715,983|533,056| ||**Analysis by fund**||| ||Unrestricted funds|715,983|533,056| |**6**|**Support costs allocated to ac'vi'es**||| |||**2025**|**2024**| |||**£**|**£**| ||Governance costs|46,626|32,599| ||**Analysed between:**||| ||Charitable ac�vi�es|46,626|32,599| |||**2025**|**2024**| ||**Governance costs comprise:**|**£**|**£**| ||Independent examiners fees|3,853|3,881| ||Accountancy fees|1,578|­| ||Legal and professional|34,327|24,026| ||Chairman and Trustees expenses|1,029|2,029| ||Insurance|413|413| ||Website costs|4,920|1,320| ||Other|506|930| |||46,626|32,599| Governance costs includes payments to the independent examiners of £3,853 (2024: £3,881) for independent examiners fees and £1,578 (2024: £1,835) in rela�on to accounts prepara�on. - 13 - GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Trustees None of the trustees lor any persons connected wlth them) recelved any remuneratlon or beneflts from the charlty during the year 12024.. None). Three tru5tee5 have claimed expenses to reimburse travel, accommodation and subsistence costs £1,02812024.. £606 paid to three trustees) Emplgyees The charlty had no employees durln8 the current or prlor year. Rèmuneratlon of key management personnel The remuneration relates to an external consultant that performs a key managernent role. 2025 1024 Consultancy fee5 paid 34.662 20,451 T•xatlon The charity is exempt frorn tax on incorne and Bain5 falling within Section 505 of the Taxe5 Act 1988 or sèctSon 252 01 the Taxation ol Chargeable Gain5 Act 1992 to the extend that these are applied to it5 charitable objects. 10 Flnanclal Instruments 2025 1024 Carryln8 amount of flnanclal assèts Debt Instruments measured at cost 856,082 775,933 Carrylng amount of flnanclal Ilabllltles Measured at cost 204.903 29,183 li Debtors 2025 2024 Amounts falllng due wlthln one year: Prepayments and accrued Income 281,278 240,OQMJ 12 Credltors.. amounts fallln¥ due wlth5n one year 2025 2024 Trade creditors Accrua15 and deferred income 49,161 155,742 2,856 26,327 204,903 29,183 14- GAS SAFE CHARITY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 13 Related party transactlons The Health and Safety Executive IHSEI and the Provlder under the Gas Safe Reglster contract Capita Buslness Services Ltd are each entitled to be mernber ol Gas Sale Charity but have not taken up their membership. In accordance with the Article5 of Association. a5 far a5 practicable, each of HSE and Capita Business Service5 Ltd appoint at least one Trustee. The Trustee for Capit3 Business Services Ltd 15 Valerie Marsh lappointed July 2025, formerly Jonathan Samuel who resigned November 202SI. The HSE Trustee is Mark Dawson. Arising from the Concession Agreement between the HSE and Capita Business Services Ltd, £525,40012024..E569,5261 was received from Capita Business Services Ltd during this year. 14 Cash gentrattd from 0￿ratIOnS 2025 2024 IDeficitllsurpu5 for the year 195,5701 61,652 Adjustments for.. Investment Income recognised In statement of flnanclal actlvltles 13,0321 Mgvement5 in working capital.. Ilncreasel in debtors Increase/ldecreasel In creditors 141,2781 175,720 17,2381 Cash generated from operatlons 38,858 51,382 15-