2025-03-31-accounts

Active Horizons Annual Report and Financial Statements For the year ended 31 March 2025

Active Horizons Charity No: 1134630 ip FORaa ENGLANDosxAND WALES Annual accounts for the year end 31 March 2025 I eeA Trustees’ Annual Report

Objectives and Activities

Objects

The charity’s objects are to act as a resource for young people up to the age of 25 living in London and surrounding area by providing advice and assistance and organising programmes of physical, educational and other activities as a means of;

(a) advancing in life and helping young people by developing their skills, capacities and capabilities to enable to participate in society as independent and responsible individuals;

(b) Advancing education;

(c) providing recreational and leisure activities in the interest of social welfare for people living in the area of benefit who have need by reason of their age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons.

Constitution

The Charity was registered as a charity with the Charity Commission under registration number 11346630 on 3 March 2010.

Significant activities

We are proud to amplify our achievements for this year that have significantly improved young people’s lives.

We have witnessed a growing demand to our service which have seen us engage 1136 Young people predominantly from the BAME, Migrant and Refugees. Particularly in this year, we have supported newly arrived young people who have either been referred through local authorities and organisations and word of mouth. We have provided advice guidance support, in areas of finding education, employability, building friendship and other matters that enable them to integrate well.

The need for accommodation and homelessness remains one issue of concern for our young adult community aged (17-25years). In our needs assessment, listening exercise we engaged 34 young people, 83% are experiencing homelessness or in very unstable accommodation. For the future we are looking to working with the young people and partners to address it.

Addressing racism remains one of the other core activities as it impacts our communities. This year we have continued to engage diverse partners such as schools, statutory services and the community to work towards addressing this. This project is led by young people with lived experience

We would like to thank our valued Funders, Partners and allies who have made it possible to deliver a total of 420 workshops/ activities service that include:

• Young people’s participation in decision making processes;

• Youth Leadership and Development;

• Business enterprise start up training;

• Youth mentoring;

• Community cohesion and cultural integration; and

• Employment Support.

Volunteers

During the period ended 31 March 2025 the charity relied a great deal on volunteers to perform a variety of tasks accounting writing bids, events, administration and managements.

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es Active Horizons ee Charity No: 1134630 Annual accounts for the year end 31 March 2025 Trustees’ Annual Report (continued)

Achievements and Performance

Charitable activities

A summary of results for the year is shown on page 4 of the accounts. The trustees consider that the performance of the charity has been progressive and satisfactory. Total income for the year was £362,014 (2024: £416,789). Total expenditure was £439,731 (2024: £378,488). Total fund reserves as at 31 March 2025 amount to -£30255 (2024: £47,462).

Internal and external factors

The trustees are very grateful to the donors for their kind support.

Financial Review

‑ The Charity currently has no reserves and is in a net liability position because we received payments and grants later than expected. This delay has affected our ability to meet our obligations. Nevertheless, we still had to make essential payments—such as salaries and rent—even when donations had not yet been received. After year ‑ end, we began receiving the outstanding payments and grants, and we expect to start building our reserves over the next two years.

Reserves policy

The Trustees have deemed it prudent to have a policy of having unrestricted funds held by the charity of at least six months of resources. They will be making efforts to achieve this.

During the current financial year, the reserves have been depleted to support oversubscription of our programmes which is mainly driven by the impact of the cost of leaving. To date, we have not been selective in terms of the number children we support and we will continue to do so, by sourcing increased funding from both new and existing donors as we believe the work we are doing as a charity makes a difference in the community.

Future developments

The charity will in the future further develop crime reduction programmes, arts and community festival events to enhance community cohesion in the local area and develop skills for young people.

Structure, Governance and Management

Governing

The charity is an unincorporated association which is controlled by a constitution adopted 6 April 2009 as amended by special resolution 1 February 2010.

Organisational Structure

The trustees meet when required and at least annually to review the strategy of charity.

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.

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es Active Horizons ee Charity No: 1134630 Annual accounts for the year end 31 March 2025 Trustees’ Annual Report (continued)

Reference and Administrative details

Charity name: Active Horizons Registered charity number: 1134630 Charity’s principal address: Community Hub Admson Court Dell View Road Erith DA8 3FG

Reference and Administrative details (continued)

Names of the charity trustees who manage the charity are: Cynthia Mukoko (Chair) Oasis Azeez-Harris Simbarashe Tome Tresuarer Tanaka Mombe

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature:

Full name: Cynthia Mukoko

Date: 30 January 2026

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Independent examiner's report on the accounts

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ee Independent Examiner’s Report
Report to the
Active Horizons
trustees of
On accounts for the
31 March 2025 Charity no: 1134630
year ended
Set out on pages pages 6 to 12
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I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130 of the

• Charities Act; or

• the accounts did not accord with the accounting records; or

• Independent examiner's  the accounts did not comply with the applicable requirements concerning statement the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 30 January 2026 Name: Brice Musendo

Professional body: Institute of Chartered Accountants in England and Wales (Membership No.: 1604375)

Address: VE Accounting Services Limited Chartered Accountants 125 Temple Hill Dartford DA1 5TU

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Active Horizons Charity No: 1134630 FOR ENGLAND AND WALES Se] Seoiaassi ~~|———___]~~ Annual accounts for the year end 31 March 2025 LT

Statement of financial activities

Recommended categories by		Unrestricted	Restricted	Restricted	Endowment	Endowment			Prior year
activity		funds	income funds	income funds	funds			Total funds	funds
		£	£		£			£	£
Incoming resources (Note 3)		F01			F03			F04	F05
Income and endowments from:
Donations and legacies		259,125	94,860			-		353,985	408,302
Other		8,029		-		-		8,029	8,487
Total		267,154	94,860			-		362,014	416,789
Resources expended (Note 5)
Expenditure on:
Charitable activities		283,314	91,955			-		375,269	324,136
Other		64,461		-		-		64,461	54,352
Total		347,776	91,955			-		439,731	378,488
Net income/(expenditure)	-	80,622 -		2,905		-	-	77,717 -	38,301
Net gains/(losses) on investments		-		-		-		-	-
Net income/(expenditure)	-	80,622 -		2,905		-	-	77,717 -	38,301
Extraordinary items		-		-		-		-	-
Transfers between funds		-		-		-		-	-
Net movement in funds	-	80,622 -		2,905		-	-	77,717 -	38,301
Reconciliation of funds:
Total funds brought forward		46,000		1,462		-		47,462	9,161
Total funds carried forward	-	34,622 -		4,367		-	-	30,255 -	47,462

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Active Horizons Charity No: 1134630 FOR ENGLAND AND WALES Annual accounts for the year end 31 March 2025 w CHARITY COMMISSION L re

~~ee~~ Balance sheet

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||||||| |---|---|---|---|---|---| |Restricted| |Unrestricted|income|Endowment|Total this|Total last| |funds|funds|funds|year|year| |£|£|£|£|£| |Fixed assets|F01|F02|F03|F04|F05| |Tangible assets (Note 8)|6,582|-|6,582|2,303| |Total fixed assets|6,582 - - 6,582|2,303| |Current assets| |Debtors|-|-|-|16,500| |Cash at bank and in hand (Note 9)|- 2,640 4,367 -|1,727|53,469| |Total current assets|- 2,640 4,367 - 1,727|69,969| |Creditors: amounts falling due within| |one year (Note 10)|33,453 - -|33,453|24,810| |||||||Tl ht| |Net current assets/(liabilities)|- 36,093 4,367 - - 31,726 45,159| |||[|{[|[||[|||| |Total assets less current liabilities|- 29,511 4,367|-|- 25,144|47,462| |||t|[|[||JT||| |Total net assets or liabilities|- 29,511 4,367 -|- 25,144|47,462| |a|a| |Funds of the Charity| |Restricted income funds (Note 12)|- 34,622 4,367|- 30,255|47,462| |Total funds|- 34,622 4,367 - - 30,255|47,462| |Signed on behalf of all the trustees|Date of| |Signature|Print Name|approval| |ee|dd/mm/yyyy| |Cynthia Mukoko|30/01/2026| |ee| |a|

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Active Horizons Charity No: 1134630 w CHARITYFOR ENGLANDKOMMISSIONAND WALES [ J] | Annual accounts for the year end 31 March 2025 ~~a~~ Section C Notes to the accounts Note 1: Basis of preparation

1. Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with (i) the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, (ii) the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and (iii) the Charities Act 2011.

Note 2: Accounting policies 2.1 INCOME

Recognition of Income is included in the Statement of Financial Activities (SoFA) when: income

 the charity becomes entitled to the resources;  it is more likely than not that the trustees will receive the resources; and  the monetary value can be measured with sufficient reliability.

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by Offsetting the FRS 102 SORP or FRS 102. Grants and Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to donations 5.12 FRS102 SORP). In the case of performance related grants, income is recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Government The charity has received government grants in the reporting period grants Support costs The charity has incurred expenditure on support costs. The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual Volunteer help report.

2.2 EXPENDITURE AND LIABILITIES

Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Governance Support costs have been allocated between governance costs and other support. Governance costs comprise and support all costs involving public accountability of the charity and its compliance with regulation and good practice. costs Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Grants with Where the charity gives a grant with conditions for its payment being a specific level of service or output to be performance provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified conditions service or output. Grants payable Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the without commitment, a liability for the full funding obligation must be recognised. performance

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[ Charity No: |] 1134630 ]

Active Horizons

w'y| CHARITY ONAN Active Horizons [ Charity No: |] 1134630 hy FOR ENGLA Annual accounts for the year end 31 March 2025 ~~a~~ Notes to the accounts (continued)

Deferred income

No material item of deferred income has been included in the accounts.

Creditors The charity has creditors which are measured at settlement amounts less any trade discounts

Provisions for A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate liabilities of the amount required to settle the obligation at the reporting date.

2.3 ASSETS

Tangible fixed These are capitalised if they can be used for more than one year, and are valued at cost. The depreciation rates assets for use and methods used are disclosed in note 9.2.

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount Debtors after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

Note 3 Analysis of income

		Analysis			Unrestricted funds	Unrestricted Restricted income funds	Total funds £	Prior year £
Donations and	Donations and gifts Donations and				25,000	- 25,000	- 25,000	12,000
legacies:	General grants provided by government/other charities		General grants provided by government/other charities Total		234,125 94,860 259,125 94,860	234,125 94,860 259,125 94,860	328,985 353,985	396,302 408,302
	Other				8,029	- 8,029 8,487	- 8,029 8,487	- 8,029 8,487
			Total		8,029	-	-8,029 8,487	8,029 8,487
TOTAL INCOME				267,154 94,860 es		267,154 94,860	362,014 416,789

Note 4 Analysis of receipts of government and other grants

	This year Last £ £ Description
Government	103,880 71,640 London Borough Bexley a
Government	5,000 24,730 NHS South East London a
Government	5,000 - NHS Shared Business Services PC“‘iRSNSNSNNOLS	-
Other	12,500 - CENTRAL FUND a	-
Other	49,500 35,061 UK Youth PC“‘iRSNSNSNNOLS
Other	- 49,700 City Bridge Trust a
Other	12,650 - City of London PC“‘iRSNSNSNNOLS	-
Other	44,000 41,000 Paul Hamlyn Foundation a
Other	2,500 - Protection Approaches PC“‘iRSNSNSNNOLS	-
Other	35,500 43,500 LandAid a
Other	- 3,000 Natwest PC“‘iRSNSNSNNOLS
Other	London Youth 4,000 - a	-
Other	The National Lottery Community 19,805 - PC“‘iRSNSNSNNOLS	-
Other	C HOARE & CO 15,000 - a	-
Other	School for Social Entrepreneurs 1,500 - PC“‘iRSNSNSNNOLS	-
Other	- 5,000 Money4You a
Other	- 140 Orbit Group LTD PC“‘iRSNSNSNNOLS
Other	- 25,975 Trust for London a
Other	10,000 - THE FOYLE FOUNDATION PC“‘iRSNSNSNNOLS	-
Other	- 2,000 The Ubele Initiative a
Other	- 50,000 Postcode Society Trust PC“‘iRSNSNSNNOLS
Other	- 425 Policy Centre for African Peoples a
Other	- 3,000 Ebbsfleet Development Corporation PC“‘iRSNSNSNNOLS
Other	- 8,760 ESC Lottery Fund a
Other	- 157 Disability Justice Project PC“‘iRSNSNSNNOLS
Other	3,700 20,000 AB Charitable Trust a
Other Other	- 304 4,450 11,910 Total 328,985 396,302 Charitable Giving Benevity Bexley Voluntary Service Council PC“‘iRSNSNSNNOLS PCS NSse

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Active Horizons Charity No: 1134630 [| [Ty

Annual accounts for the year end 31 March 2025 ~~Pe~~ Notes to the accounts (continued)

Note 5 Analysis of expenditure	Note 5 Analysis of expenditure	Note 5 Analysis of expenditure Analysis		Unrestricted funds	Unrestricted funds	Unrestricted	Restricted income funds	Restricted income funds	Restricted income funds	Total funds £	Prior year £
Expenditure on		Incurred seeking donations		- - -	- - -	- - -	- - -	- - -	- - -	- - -	- - - -	-
raising funds:		Staging fundraising events Incurred seeking grants
		Total expenditure on raising funds		- - -	- - -	- - -	- - -	- - -	- - -	- - -	- - - -	-
Expenditure on		Staff costs		51,926 91,755 143,680	51,926 91,755 143,680	51,926 91,755 143,680	51,926 91,755 143,680			51,926 91,755 143,680	107,485
charitable		Volunteer expenses		2,329	2,329		- 2,329	- 2,329	- 2,329	- 2,329	7,538
activities		Professional and consultancy		29,334	29,334		- 29,334	- 29,334	- 29,334	- 29,334	12,929
		Project Activities		93,792 8 93,801	93,792 8 93,801	93,792 8 93,801	93,792 8 93,801	93,792 8 93,801	93,792 8 93,801	93,792 8 93,801	47,251
		Education and training		96,221	96,221		- 96,221	- 96,221	- 96,221	- 96,221	140,680
		Support and charitable donations		1,935	1,935		- 1,935	- 1,935	- 1,935	- 1,935	2,415
		Information and publications		4,107 107	4,107 107	4,107 107	4,107 107	4,107 107		4,214	3,989
		Depreciation expense		3,670 85 3,755	3,670 85 3,755	3,670 85 3,755	3,670 85 3,755	3,670 85 3,755		3,670 85 3,755	1,849
		Total expenditure on charitable activities		283,314 91,955 375,269 324,136		283,314 91,955 375,269 324,136	283,314 91,955 375,269 324,136			283,314 91,955 375,269 324,136	283,314 91,955 375,269 324,136
Other		Accountancy fees		3,000	3,000					3,000	3,000
		Rent and rates		47,677	47,677					47,677	41,633
		Telephone and internet		-	-	-	-			-	- -	-
		Bank charges		160	160					160	167
		IT Software and Consumables		1,764	1,764					1,764	1,983
		Repairs and maintenance		5,037	5,037					5,037	-	-
		Travel and subsistence		357	357					357	1,299
		Office expenses and supplies		6,467	6,467					6,467	6,270
		Total other expenditure		64,461	64,461		- 64,461	- 64,461	- 64,461	- 64,461	54,352
347,776 91,955 439,731 378,488 Note 6 Details of certain items of expenditure Fees for examination of the accounts TOTAL EXPENDITURE es
										This year £	Last year £
Independent examiner’s fees										950	950
Other fees (for example: financial advice, consultancy, accountancy					Other fees (for example: financial advice, consultancy, accountancy					2,050	2,050
7.1 Staff Costs
										This year £	Last year £
Salaries and wages										133,063	96,209
Social security costs										2,639	1,470
Pension costs (defined contribution scheme)										2,093	1,695
Staff training and other benefits										5,885	4,495
					Total staff costs	Total staff costs				143,680	103,868
7.2 Average head count in the year										This year Number	Last year Number
The parts of the charity in which the employees work				Charitable Activities						7 6	7 6
				Governance						2 2	2 2
								Total		Total9 8	9 8

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Active Horizons Charity No: 1134630
FOR ENGLAND AND WALES
poses Annual accounts for the year end 31 March 2025 CT
ee Notes to the accounts (continued)
----- End of picture text -----

Note 8 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets 8.1 Cost or valuation

8.1 Cost or valuation
		Computer		Fixtures,		Total
		equipment		fittings and
				equipment
		£		£		£
At the beginning of the year		12,802 6,148 18,949		12,802 6,148 18,949	12,802 6,148 18,949	12,802 6,148 18,949
Additions		1,580 6,454 8,034		1,580 6,454 8,034	1,580 6,454 8,034	1,580 6,454 8,034
Revaluations		- - -	- - -	- - -	- - -	- - -
Disposals		- - -	- - -	- - -	- - -	- - -
Transfers *		-	-		-	-
At end of the year		14,382 12,602 26,984		14,382 12,602 26,984	14,382 12,602 26,984	14,382 12,602 26,984
					-	-
8.2 Depreciation and impairments
	**Basis	Straight Line		Straight Line
	** Rate	** Rate 33%		20%
At beginning of the year		11,053 5,593 16,647		11,053 5,593 16,647	11,053 5,593 16,647	11,053 5,593 16,647
Disposals		- - -	- - -	- - -	- - -	- - -
Depreciation		1,622 2,134 3,755		1,622 2,134 3,755	1,622 2,134 3,755	1,622 2,134 3,755
Impairment					-	-
Transfers*		- - -	- - -	- - -	- - -	- - -
At end of the year		12,675 7,727 20,402		12,675 7,727 20,402	12,675 7,727 20,402	12,675 7,727 20,402
8.3 Net book value
Net book value at the beginning of the year		1,749 554 2,303		1,749 554 2,303	1,749 554 2,303	1,749 554 2,303
Net book value at the end of the year		1,707 4,875 6,582		1,707 4,875 6,582	1,707 4,875 6,582	1,707 4,875 6,582
Note 9 Cash at bank and in hand
				This year		Last year
				£		£
Cash at bank and on hand				1,727		53,469
			Total	Total1,727		53,469
Note 10 Debtors
				Amounts falling due
Analysis of debtors				within one year		within one year
				This year		Last year
				£		£
Other debtors				- 16,500	- 16,500	- 16,500
			Total	- 16,500	- 16,500	- 16,500

Note 11 Creditors and accruals

Analysis of creditors

Other Creditors Taxation and social security Accruals

	Amounts falling due	Amounts falling due	Amounts falling due
	within one year		within one year
	This year		Last year
	£		£
	1,432		384
	32,021		23,826
	- 600	- 600	- 600
Total	33,453		24,810

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Active Horizons Charity No: 1134630 FOR ENGLAND AND WALES ofp cus Po a Annual accounts for the year end 31 March 2025 ~~I~~ Notes to the accounts (continued)

Note 12 Charity funds

12.1 Details of material funds held and movements during the CURRENT reporting period

• Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Fund|Fund| |balances|balances| |Type PE, EE|Purpose and Restrictions|brought|Gains and|carried| |R or UR *| |forward|Income|Expenditure|Transfers|losses|forward| |Fund names|£|£|£|£|£|£| |Increase participation and engagement for| |Main Fund|R|BAME young people.|1,462 94,860|(91,955) - - 4,367| |Other charitable activities, space rental &| |Other funds|UR|administration|46,000 267,154|(347,776) - - - 34,622| |Total Funds|47,462 362,014|(439,731) - - - 30,255|

----- End of picture text -----

12.2 Details of material funds held and movements during the PREVIOUS reporting period

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Fund|Fund| |balances|balances| |Type PE, EE|Purpose and Restrictions|brought|Gains and|carried| |R or UR *| |forward|Income|Expenditure|Transfers|losses|forward| |Fund names|£|£|£|£|£|£| |Training and deveopment for young| |Main fund|R|people.|950 76,506|(75,994)|- 1,462| |Other charitable activities, space rental| |Other funds|UR|and administration|8,211 340,283|(302,495)|- 46,000| |Total Funds|9,161 332,408|(369,033) -|-|47,462|

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12.3 Designated funds

Planned use Purpose of the designation

Amount

Promote active citizenship and Providing advice and assistance and organising programmes of physical, educational and other activities as a means of: (a) participation to disadvantaged young advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in people aged 13- 25 years particularly society as independent, mature and responsible individuals; (b) advancing education (c) providing recreational and leisure time from the black and minority ethnic activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, living in London borough of Bexley. infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons.

4,367

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Active Horizons Charity No: 1134630 FOR ENGLAND AND WALES poses Annual accounts for the year end 31 March 2025 CT ~~ee~~ Notes to the accounts (continued)

Note 13 Going Concern

The financial statements have been prepared on a going concern basis. During the year, the Charity ‑ operated without reserves and was in a net liability position, primarily due to delays in receiving committed payments and grants. These delays affected the timing of cash inflows and placed pressure on the Charity’s ability to service its obligations as they fell due. Despite these challenges, the Charity continued to meet essential expenditure—such as staff salaries, rental commitments and ‑ other operational costs—using available cash resources and short term support arrangements.

Subsequent to the year end, the Charity began to receive the outstanding payments and grant income that had been due during the reporting period. These receipts have significantly improved the Charity’s cash position and have enabled management to stabilise operations. The Trustees have ‑ also implemented strengthened cash flow monitoring processes and have engaged with funders to ensure more predictable income patterns going forward.

Based on cash flow forecasts prepared for a period of not less than twelve months from the date of approval of these financial statements, the Trustees are confident that the Charity will be able to meet its liabilities as they fall due. Furthermore, the Trustees expect the Charity to begin rebuilding reserves over the next two years as grant funding normalises and planned fundraising initiatives take effect.

Accordingly, the Trustees believe that it remains appropriate to prepare the financial statements on a going concern basis.

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