REGISTERED COMPANY NUMBER: 07266483 (Engtand and Walos)
REGISTERED CHARITh NUMBER: 1137915
Report of the TrUSt￿S and
Flnancial Ststements
for the Year Endèd 31 December 2024
Roa¢hlng Hlgher
Williams & Co Epsom LLP
statLrtory Auditors
8-10 South Street
Epsorn
Surrey
Kf18 7PF

Reachlng Higher
Content8 of thè Flnancial Statements
for the Year Ended 31 Decembèr 2024
Page
Report of tho Trustees
1 to 8
Report of thfr IndependentAudltors
9 to 11
Statement of Financial Activitie¥
12
Balance Shget
13
Cash Flow Statement
14
Not98 to the Cash Fl(Mi Statsment
15
Noles to the Finan¢ial 8tatsments
16 to 24

Rèachlng Higher
Report of the Tmtse8
for the Year Ended 31 De¢ember 2024
Chalr of Trustees
On behalf Of the Board of Trustaas, l am delighted to present Reaching Higherfs Annual Report and Accounls for tha year
ending 31 December 2024. Thts ha8 been a year of grovhh, developmenl, and continued impact for the young peoplo,
families, and communities we serve.
We ar8 proud to report that. despite operating in a challenging funding environmgnt, the charity has malntalned a Strong
financial position. Key highlights include:
Incorning resources of £1.222,077 invested in d8llvering high-qualty programmes.
Bank balance of £785.752, confinned funding in place for the next 12 months, ensuring continuty and resilience.
Healthy reserves of £758,815, with unrestrfcted funds of £433,951 covering 4.6 month¥ of charitabl8 expenditure.
Slrong publlc beneflt Impa¢t, wilh young people, parents, and partners reporting that Reaching Hlgher provides safe
spaces, trusted relationshlps, and opportunities to grow and thrive.
The Trustees are committed to maintaining financial sustalnability while continuing to expand menloring, youth leadetship.
and programme developmenL We remain focus&J on building strong partnerships with funders and local community
partners, Investing in our people. and ensuring ReaGhing Higher remains a r8llable and positive presence in the lives of
young people in our communty.
Looking ahead, we are committed to deepenlng our impact - empowering more young people to lead, ser￿, and
Iransfomi their communities. Wrth a robust balance sheet, a clear strategy. and a passlonate team, we move into the next
year with cnnfidence, purpose, and a shared belief in Ihe p¢)tential of every young pérson to become a leader of change.
Chalr of Trustees
Page 1

Reachlng Hlgher
Report of th8 Trustees
for the Year Ended 31 D8cemb@r 2024
Trustees Report for the year andèd 31st December 2024
The trustees have adopted the provisions of Accountrng and Reporting by Charities: Stalement of Recommended Practlc8
applicablé to charities preparing their accounts in accordance with th8 Flnancial Reportlng Standard applicable in the UK
and Republic of Iraland (FRS 102) (effective 1 January 2019),
STRUCTURE. GOVERNANCE AND MANAGEMEiir
Governlng document
Th8 charity is controlled by its governing document, a deed of trus( and constitules a limited cornpany, limited by
guarantee. as defined by the Companies Acl 2006.
Charity constitution
The Charity was established under a Memorandum of Assodation and Is governed under its Artides of Association. The
Articies were amended on 25 November 2013 to change thé charity name to Reaching Higher (previously 'Reachin'
Higher'l.
Oryanisational struclure
The organisation is ulllmatety managed by the Board of Trusteés whid) oversees the work of Read)ing Higher. All major
OP8ration81 and strateglcdecisions are made by the Board who m8tfive timès during the year, either in person or via online
conferencing.
Under the Articles, new Trustees are 8ppolnt&d by the Trustee Board arKI onevthird of the members of th8 Trustee Board
(the longest serving) retire at each AGM but are eligible to b8 re-appoinbj rf they still qualify.
The Managing Dir8Ctor oversees Ihe financial and practical running of th8 Charity. reportlng to the Trustees.
Trustees
Trustees. who are all Directors of the company, were recnjltéd based on their broad range of skills and experiencé. They
bring a wide rang8 of experience In wothing with young people on a pmfvssional andlor voluntary basis. 28Vo of the
Board identify as female and 850/0 identify as coming from Black or ¢)ther global majority heritage.
The Trustees confirm that they have had due regard to th8 guidan￿ Issued by the Charity Commi88ion on public benefft
when planning their objectives and activities for the yeaT.
Risk Review
The Trustees consider all the major risk8 thè charity is exposed to on an ongoing basis which ar8 h8ld on a risk register.
Sp8afically of note, the Trustees hav? developed:
A funding Strategy which seeks to avoid overreliance on any one Sour￿ of funding. Reaching Htgher is developing diverse
funding streams through a rar￿& of trusts, government agencies. corporate personal donors, as well as paid training
and delivery contracts.
A Safeguarding pollcy has been developed to protect the Charities, b8nèficiarTes as well as the Charity'5 volunteets. Thls
policy ensures all voluntsers and staff rèceive safeguarding training and are subjectto an énhanced DBS dlsclosure check.
Reachlng Hlghar Strateglc Report
Overview and Context
Réaching Higher is a yOLrth tharity with a Christian ethos. focused on serving young people of any or no faith. and
challenging them to bé leaders of their own lives.
Reaching Higher has worked with young people with complex unmet needs in Croydon aged 10-18 since 2(KJ4 and
regISte￿d as a charity and cornpany in 2010. The organlsation was established in reswnsa to the range of challenges
faced by young people growing up in Croydon Borough. includlng intergeneralional poverty, violence. low aducational
outcomes, and social isolation.
Like many areas of social di¥advantage, Croydon Is known for its Prevalen￿ of gangs. violence, and anti-soclal behaviour.
Young people with complex unmet needs are at increased risk of viol8nc8 and exploitation as a result of their experienc8S
of trauma and of household poverty, especlally if their school attendance 18 irregular or rfthey have alreaty been excluded
from 8chool. ThFs is exacerbated by underfunded statutory ne￿orkS and ongolng reductions in youth Servi￿8.
Page 2

Reaching Higher
Report ot th6 Tn￿le¢S
for the Year Ended 31 Dècomber 2024
Areas Of Work
Raachlng Higher has complementary areas of woth:
Building sfrong trusbng Mlal￿nshipS with young people aged 1(k18 who live andlor attend school in Croydon, through
5chDoI and community-based activities. Across our activities we seek to offer platfoms where young people can make an
impacl and have their voices heard in their community, a5 well as prrorilising strong Intergeneratianal relatlOll5hips and
18aming.
In 2024 Reaching Hlgher worked with seven secondary and three primary schools to provide a range of opportunities for
young people lo develop their skills and improve their mental well-bèing. These Included in-5Ghool transferablé skills
workshops, after-school Glub5 and group and individual mentoring schemes.
Our 8chools4>ased work Es designed as a platform from which to signpost young people to Reaching Hlghèrfs community-
based programmes, and we have Continued lo see young people attending our evening and School holiday activities after
initially encountering Reaching Hlgher in their schools.
Reaching Hlgherfs comrnunity-based work encompassès four weekly youth hubs gnd three open-access sports sessions.
We also deliver alkday provision In the Febru8ry and October half terms and the August school holidays.
Buildlng intentional partngrnhips with a range of other org8nisation5 in Croydon working with young people. including
schools, altemative prov¢sion centre8, Soclal Servi￿, Youth Justice tsams and other volunlary and community
organisations. We call this our'conlextual youth work, approach. Our intention is lo promots bett8r understanding across
partne￿hIPS of young P￿pIe,8 lived experiences and lo challenge assymplionsthat are made about young people's needs.
We 5UPPOrt young people to artlculate these needs themselves to imprové the synergy btheen seNice providers and
community groups in Croydon. We aim ts share leaming, build capacity and Impro￿ practice so larger number8 of youThJ
peopl& aro sustainably engaged across multiple organisations.
Vision. Mission, and Gommllm•nt to Young People
W181on
Reaching Higherfs vision Is to see wlder communities working togeth8r to champlon young people lo becomé18aders of
change.
MIs8lon
We are here lo challenge young people to be leaders of their own Ilve5 within Iheir place of influénce. We do this by
adopting an asset-bas8d approach, helping young people discov8r the transferable skills they have d8velopad as a result
of their lived experience.
Our cammilmentto young people
At Reaching Higher wa are commltted lo playing our part but recognise that we can't do this in i501alion. W& believe In
building strong and long-lastrng relationships with young people to set fimi foundations In the years lo come vi2 our
relational approach. Wih this in mind, we must collaborate well and e¥tsbli5h a united front with everyone who ca￿S for
young people and the communities they live in.
Quallty Mark Statu9
We beli8v8 In the importance of holding credible quallty marks b ensure that our stsndards of service both reflect best
practice and 8Te wid8ty recognlsed by others. We hohl a Gold Status Trauma-lnfonned Quality Mark. London Youth
recently reviewed their Quality Mark processes and we renewed our Bronz8 level award in 2023.
Growth In Leadership
Reaching High8r was establlshed by Mark and Sherisa Hobbs in 2004 a5 a small voluntary community prolect. Mark
continued to lead the organisation In a voluntary Gapacity as Reachlng Higher grew over the following 18 yèars. When
Mark stepped down as voluntary CEO In 2022, Jordanlgnatius, our previou8 Head of Strategy & Operations. was appointed
by th8 Trustees Into the new role of Managing Diréclor. Jordan initially carne to Reaching High8r as a young person,
beGoming fir51 a volunteèr and then a staff member over a ten year périod.
More than half of our staff and volunteer learn are now Reachlng Higher alumni, modelling aur desire to @mpower young
people to be changemakèrs In their own community.
In 2024 Reaching Higher appointed a part-time Director of Services to lead on quality assurance of our services and a
part-time Director of Partnershlps to lead on establishing and managing partner relalionships. Both thèsè role5 havè
continued to release the Managlng Direclofs lime to focu5 on strategic growth and partnerships.
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Reaching Higher
Report of the Trustees
for the Year Endad 31 December 2024
Key Highll9hts from 2024
Reaching High8r continued to experience rapid growth in 2024. with demand for young people's services continuing lo
rise acro85 Croydon. We have continued to expand the scoFe of activities we offer, as well as establishing new statutory
and community partnerships.
Act￿¢￿$
We have continued to run our drop4n Youth Hubs on Thursday evenings, with a néw venue at #MerkyFC HQ in Selhurst
and a new STENI-focused project for young women which involved learning 3-D printing skills. ￿ have also eontinued
our Friday Youth Hub in partnership with Woodside Bap115t Church.
Our youth-led cafè. dèllvered in partnership with South Norwood Community Kitchen ISNCKI, moved to a Wednesday
evening. Team5 of young people from ouryouth-led café also helped to cook and serve meals fortheir peers at our holiday
provision.
Our aft8r-school creatlve arts clubs were adapted in 2024 to focus on transition support for Year 6 students. preparing
them for progressing to Year 7. We also conlinued our popular mulli-SPOrts. basketball, football and boxercise after-8chool
clubs.
We esiablished partnerships wilh a further three local youth organisations to increase the number of young peoplè
mentored across Croydon, under Ihe Mayor of London's New Deal and Propèl programmes, in addition lo continuing to
mentor young womgn In partnership with Active Communities Ne￿Ork. 369 young people were mentored in tolal across
these partne￿hIp5.
Réachlng Higher joined Croydon Youth Consortium's 'Nw Era MyEnds 2.0, programme, expanding provision for young
people 81 risk of vlolence and criminal exploitstion, and delivered training for other members of the New Era programme
on establishing a Youth VDleA frarnework.
We held our Easter resldential camp once again at Vvhite Moor Lakes centre in LTtGhfield, in partnership wilh three Croydon
churches.
We ran a ￿0-week wotk experience scheme in July 2024 for 14 young people from three local schools.
We ran our school holiday provision 'RH Hangouts. in February and October halftemis and for four week5 in the summer
holidays, engaging mor& than 350 young people. During the summer we were ablé lo offer paid work experience to fifteen
of our older young people who supported the various activities each day.
Reachlng Hlghèr held our second Community Meal in December 2024 which was attended by over 75 people.
The direction of aurwork has not changed. but we have begun to sGale up ourtraining and influencin9, alongside priorilising
excellent delivery with and for young people. We are 8xpèriencing growing demand for our training and expértise from
both statutory and community organisations, and we were delighted lo dèliver the first ever Contextual YoulhwoTk &
Safeguarding Children's Conférence with Croydon Safeguarding Children's Partnership. which was attended by over 100
cr055-sector professionals, including attandé@s from the NHS, the Melropolilan Police, Youth Justice Servlce, Social
Sorvices and a range of community organisations.
We also undertook our fir8t pilot research proJecl in partnership with the Croydon Council Directorale and a senior
researcher from the University of Greenwich.
Over the past year al Réaching Higher we have strengthened our Youth Board which has continued to meet monthly. The
Youth Board have worked alongside Reathing Hi9her staff to develop a Youth Voice Framework training package, which
they delivered to elght external organisations with support from our team.
Team Growth
Our team grew lo 21 staff in 2024. including the création of an Internship role for whiGh a fomer service usèr successfully
applied.
Page 4

Reachlng Hlgher
Report of the Trustag8
for the Year Ended 31 December 2024
Our Roach in 2024
Number of sessions In schools- 782
Nurnber ofse3sions in the community- 1712
Number of conlact hours in schools- 10765
Number ofconla¢t hours in the communtty- 34789
Number of unique young people er#Jaged through schools- 962
Number of unique young peopl8 engaged through communlty - 804
Embedding Trauma-lnfonned Pradice
R8aching Hlgher has continued to prioritize training in 1rauma-inf0￿ed practice and 8afegu8rding for Our team, in addltlon
to holding weekly r8￿ectIVe practic8 spaces and facilitating cllnical supervision with a Irained cDun5ellor.
At the startof 2024 our team were Irained by the Anna Freud Centr8 In Adaptwe MentalizatEon Based Integrative Treatsnent
(ANBIT), whith is a model used in multi-agency support for young people with high safeguarding risks.
Our safeguarding approach has contlnued to develop over the last year in response to increasing level8 of n8od, in
particular the increase in contsxtual safeguarding risks.
We have d8veloped tralning In Contextual Youth Wotk and designed a Wellbeing Audit which is being plloted in one of our
partner schools.
Publi¢ Benefit PAatsment
Reaching Higher exists to support young people lo r8alis8 their poten￿al. bulld confKIen￿, and ¢￿ate positive futures.
The Trustees confimi that they have complied with their duty under the Charities Act to due regatd to the Charity
Commtssion's guidance cn publlc bènefit when plannlng and delivering the charity's objectives.
The impact of Reaching Higher's work is best reflected in the words of those we serve..
A young person shared:
e project ￿ good because it is fvn, and I get to spand bme wilh everyone and make new friends. I have been able to
talk more, espgclally M'lh people my own age, and I've leamt I c8n mak& fri8nds anywhe￿.,
A school partner hlghllghtad:
°Through the connection with Reaching Highor, I hope to give young people opportunities lo have twsted adults... spaces
where young people feel Gomfortable. calm, safe 8nd rnla%ed. and that they own the space. A lol of people that work at
RaaGhing High8rgTrw up In Groydon and8rp optimistsc, positive, hopeful... hopalully itcan be an example to young peop18
of how they can txnlnbuta lo theircommunify..
A parent reftected:
'Rgaching Higher alkjws the young people to feel valued. It allows the young people to b8 hoard, and I think thi8 is very
important... &veWing they do ￿th lh8 young people in my community rEally makes a diffetsnc&. I wish every London
Borough Could have a Reaching HigherNkè we do in Croydon."
These voices show clearty that Reaching Higher delivers a significant public benefft by providing young people with trustsd
relationships, safe spacas, opportunities lo build skills, and positsve role models from thelr own communltles. The Gharity's
mentoring and youth programmes dir8Ctly contribute to Improving wellbeing, confidence, end community engagement
among young people in Croydon.
Rernungralion Pollcy
We place great value on our highly talented. dedicaled, and passionale staff team, without whom we COU￿ not deliver
agalnst our vlsion, mission, and goa15. Our remuneration policy is aimed al ensuring that pay i¥ Competitive within our
sèctor, rwards staff fairly. and enable5 the staff team to feel valued.
The Tru¥tee¥ of Reaching Higher are rttponsiTrJle for setting the policy on gtsff remuneration. The charity aims to ensure
that pay and benefits are fair, transparen( and sufficient to attract, retain, and motlvate suitably qualified staff lo deliver its
haritable objectives.
Our principle is to reward staff equitably, irrespective of seniority, infomied by the followlng key factors..
Faimess: Remuneration 15 fre8 from discrfmlnation and allgned, where available, to non*rofft sector benchmarking data
in the UK.
Differentiation: Pay r8flods both what Is achieved and the way in which il 18 achievad.
Compliance.. All remuneration arrangements meet HMRC regulatory requirements.
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Reaching Hlgher
Report of the Trustees
for the Year Ended 31 December 2024
Affordabllity.. Salaries are set with good stewardshlp of the charily's financial resources.
Living Wag8 Comrnitment: Salarie5 are set in line with at least thé London Livlng Wage.
Salaries are ￿vieWed per(odically. taking these principles into account, as well as thè résponsibilitles of the role and the
charfty's overall financial p￿Ition.
This policy provldes a tranSpa￿￿t and equilable framewoJk for remun6ration. ensuring that the cheiity'5 resources are
used effectively while supportlng the well-being. motivation. and recognition ot all staff.
Financial Review
Thls year, Reaching Hlgher received £1.222,077 in income and invèsted £1,132,449 into delivering and expanding our
youth and communlty programmes. This resulted in a surplus of £89,628 for th8 year ending 2024.
The financial position of the charity remalns strong. We closed the year with a healthy bank balance of £785,752, alongside
confirmed funding already ￿Cured for Ihe next 12 morrths. Our reserves of £756,815 provide a solid and s8cure foundation
that demonstrates both financial resilience and sustainability- Together. these resour￿ enable u5 to plan confidently for
the future. continue expanding our impa< and.remain agile in respondlng to new opportunities.
We are deeply grateful to our fundars, partners. and supporters for their ongoing trust and commitmènt. Your generosity
enables us not only to suslain but to strengthen the r8ach and quality of our Work.
We would also like to express our sincere thanks ID Croydon Council for their continued support in providing us with office
Space al the Samuel Coleridgg-Taylor Centre. Their generosity help5 ensure that we can op8rate effectively and direct
more resources lowards the young people and communities we serve.
fjth strong r8sèwes, a posltlve cash posilion, and secured income forthè year ahead, we move forward with cornldence,
ambition, arKI a shared vtslon to empower young people lo become leaders of change.
Roserves Pollcy
The Trustees, policy is to maintain a level of unrestricted r8serve8 that provides financial resilience and stability, enabling
the charity to continue dglivering its misslon in a sustainable way. In line with best practice, thè Trustees aim to hold
unrestricled reseTves equivalent lo three lo six months of total expenditure. This level is considered appropriate to
safeguard against fluclualions in incom8 and to ensure that Reachlng Higher can meet tls ongoing comrnrtm8nt5.
At year end. unrastricl8d funds stood at £433,951, which is equivalent to 4.6 months of charilable expenditure. This sils
comfortably within the reserves policy range and provide5 a strong financial foundation for thè year ahead.
The Trustees recognise that many of our b8neficiary's exporience inconslstency and disruption in their INa8, and that
sudden gaps in provision can have a profaund impact. Our ambition is to ba a conslstent, reliable presence and Vol￿ of
hope for those we serve. For this r8&8on, the reseNes policy is not simply about financial prudence but about protecting
the conllnuity of life-changing programmes we run as a charity.
To manage this risk, th& Trustees seek lo ensure that sufficient unrestricted res8N&s are avallable to sustain core projects
through any periods of funding uncertainty. At the same lime. the charity 15 actively securing n8w streams of funding and
building long-term partnerships lo strengthen the stability of its programmes. This approach provides both th811exibility to
8dapl to challénges and the confidence to invest in the growth and devèlopment of ourwoth.
Trustees. Responsibiliti98
The Trustees. who are also the directors of thè charitable company, are responsible for prep2ring thè financial stalemeTrts
for each financlal year that give a true and fair view of thé charitys finanGial position al the year end and of Its sU￿lUS or
d8ficit for that period.
In preparfng these financial statements, the Trustees must..
select suitable accounting policies and apply them con5i5tenlly-,
comply with applicable accounting standards, inGluding FRS 102. subjact to any material departures being disclosed
and explained in the financial statements.
statè whether the Chorities Statement of Recommended Praclice ISORP) ha5 been followed. Subject to any matèrial
departures disc108ed and èxplained in the financial stalements-
make judgernents and estimates that are reasonable and prudent,. and
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Reaching Highgr
Rgport of the Trustees
for the Year Ended 31 December 2024
prepare the financial slalements on a going Concern basis. unless It Is inapproprlate to assume Ihat the charity will
Continue its operations.
The Trustees are responsible for maintaining proper accounting records which accurately reflect the financial position of
the charity at any given time and ensure that the financial statements comply with the Companies Act 20Q6. the Charities
and Trusle8 Investment (Scollandl Acl 2005. and the Charilie5 Accounts (Scotlandl Regulations 2006. as amended by the
Charities Accounts (Scotland) Amèndment (No. 2) Regulations 2014.
They are atso responsible for safeguarding the asséts of the charity and for taking reasonable st8PS to prevent and detect
fraud and other irregulariiles.
In so far as the trustees are aware..
there is no relevant audit information of which Ihe charitable company's auditors are unaware- and
th8 trustées have taken all steps that they ought to have taken lo make themselves aware of any relevant audit
infomiation and to establish that the auditors are aware of that infomiatlon.
Risk Management
The Trustees have reviewed the financial position of the charity and are satiSf￿d that Reaching Higher remains a golng
concem. At year end. the charity held a bank balance of £785,752, with confimied funding in place for the next 12 monlhs.
In addition, unmstrtcted fijnds of £433.951 provide cover for approximatety 4.6 months of charitable expendilure, whith
falls comfortably within our resèrvÈs policy of three to Six rnonths. Thi¥ ensures that Iha charity Is well positioned lo manage
Its ¢ommltments and maintain delivery of its programmes.
The Trustees are mindftjl of the potenlial ri5k5 associated with funding dependency. In the event that a major funder were
lo wilhdraw, the charity's 8trong r8s&rvés and healthy ¢a5h balance provide sufficient resilience to sustain core operations
whlle alternative funding i¥ secured. Afongside thls. Réaching Higher continues to broaden and diversify its incoma base.
activaly building long-lemi partnerships and exploring new fundlng opportunities. This reduces reliance on any single
source and strengthens th8 long-term sustalnability of the organi¥ation.
The Trustees are confident that Reaching High8rfs strong balance sheet, prudeTrt financial management. and proactive
fundraising approach provide a serure platform for the future. With healthy reserves. robust cash cover, and confimied
income for the year ahead. the charity is well positioned not only to sustain consistent. high-qualtty programmes for young
people, but also lo pursue its ambitions for growth and greater impact
Plans for Future Periods
Looklng ahgad to 2025 and beyond. Reaching Higher 18 committed to bLJilding on strong foundations while continuing lo
grow the scale and d8pth of our irnpacL Our prrorities for the corning period includé..
Su5tainabilty and Resilience- Strengthening our financial sustainability by broadening our fvnding base, building reservès
in line with our policy. and deepenlng lon9-term partnerships.
Expanding Menloring and Youth Leadership - Growing our mentoring progrnmme lo reach more young pgople, equlpping
them with trusted guidance, role mode15, and opportunities to develop as future leaders in their communities.
Prograrnme Development- Enhancing the qualty and breadth of our provision, ensuring ytsung people can access safe.
supportive spaces and experiences that build confidence, wellbeing, and skills for life.
Investing in People and Capacity - Supporting and developing our staff and volunteers. many of whom are from the local
community, so that they can continue lo Inspire, connect, arKI p051tiv8ly influenca young people's Ilves.
Community Impact- Collaborating with ¥chaofs, parents, and community organisalions to deliver consistent, coordinatsd
support for young people and their families, while enhancing the wider soclal cultural Ilfe of Croydon and beyond. This
work underpins the ongoing d6vélopmenl of our Community Engagement Framework strategy.
Investing in Le8der8hlp Dèvelopment and Capacity Building for both Truslegs and Staff.
These priorities are underpinned by our commiknent to consistency and continuity for young people ensuring that
Reaching High8r remains a reliable voice of hope in Ih8ir lives. With strong reserves, confirmed funding, and a healthy
cash position. the Trustees ar8 confident that the charity is well pleced to deliver on th￿@ plans and continue lo expand
ils reach and impact in the years ahead.
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Reaching Higher
Report of the Trustees
forthe Year Ended 31 Dacember 2024
REFERENCE AND ADMINISTRATIVE DETAIL8
Reglstered Company number
07266483 (England and Wales)
Regi5tsred Charlty number
1137915
Rogistored office
Samuel Coleridge Taylor Centre
194 Selhurst Road
Landon
SE25 6XX
T￿￿tee8
Nlr M M Rufus
Mr V Thryagaraiah
Ms E Bartow
Ms R Jackson
Mr D Gibson-while
Mr T L Mcclymont
Mr R A Davis (appointed 28th May 2024)
Ms L A Mccullagh lappointad 9th July 2025)
Bank Account
HSBC
54 Woodcote Road
Wallington. Surrey
SM6 ONJ
Audltors
Willlams & Co Epsom LLP
Statutory Audilors
8-10 South Street
Epsom
Surrey
I￿18 7PF
Report of th
dlrèctors, on
Iruslees, inco￿orating a strateglc report, approved by order of the board of trustse¥, as the company
9 October
25 and signed on th8 board's behalf by:
VThiya
ajah- Trustee
Page 8

Report of the Independent Auditors to the Trustè&s of
Reaching Higher
Opinion
We have audited the financial statements of Reaching Higher (Ihg 'charilable company'l for the year ended
31 De￿mber 2024 whiGh comprise the State￿ent of Financial Activities, th8 Balance Sheet, the Cash Flow Statement
and notes lo the financial statements, Induding a summary of significant accounting policiès. The financial reporting
framework that has been applied in their preparallon is applicable law and United Kingdom Accounting Standards (United
Kingdom Generally Acceptsd Accounting Practicé).
In our opinion the financial statements..
give a true and fair viaw of the state of the tharitable company's affair5 as at 31 December 2024 and of its incoming
resources and application of r8source5. including ils income and expenditure, for the year th8n ended.
have been properly prepared in accordancé with United Kingdom Generally A￿pted Accounting Practice; and
have been prepared in acwrdance with the requirements of the Companies Act 20C6.
Ba818 for oplnlon
We conducted our audit In accordance with Intemational Slandards on Auditing IUKI IISAS (UK)) and applicable law. Our
responsibilities under those standards ar8 lurthar described in Ihe Audilors, responsibilities for the audit of the financial
statements section of our report. We are independent of the charitable company In accordance wilh the ethical
requirements that are relevant to our audil of the financial statements in the UK, including the FRC'S Ethical Standard, and
wè hav8 fvlfilled our other ethical responsibilities in accordance with these requirements. Wè b81ieve that the audit
evid8nce we have obtain8d Is sufficient and appropriate to provide a basis for our opinion.
ConGlusions relating to going conceTll
In auditing the financial slalements. we have ¢onduded that the trustees. use of the going conGern basis of accounting in
the preparation of the financial statements Is approptiate.
Based on the work we have performed, we have not wjentified any material uncertainties ￿lating to events ar conditions
that, individually or colleGtivety, may cast signi￿rant doubl on the charitable company's ability to contlnue a5 a going
concern for a p6riod of at least ￿e1ve months from when the financial statements are aulhorised for issue.
Our responsibililies and the respansibilities of the trustees with réspect to going concern are described in the ￿1evarrt
seGlions of this report.
Othgr information
The Irustses are responsible far the other infom)ation. The other informalion comprises the information included in the
Annual ReporL other than the financial ststements and our Report ofthe Indèp8ndenl Auditors thereon.
Our opinion cn the financial 8tatem8nts does not cover the other information and, except to the extent Dthetwise explicitly
stated in our report. we do not expr8ss any form of assurance conclusion the￿On.
In conngclion ￿th our audtt of the financial slalemenls, our responsibility is to read th6 othèr informatlon and, in doing SO,
consider whether the other Snformation is materlally inconsistent with Ihe financial statements or our knowlèdg6 obtained
in ihe audit or olherwise appears lo be materially mlsstated. If we identify such material inconsislencies orapparent material
misstatements, we are required to determine whether this gives rise to a matsrial misstatemenl In the financial statements
themselvas. If. based on the work we have performed, we conclud8 that there is a matérial misstatemenl of this other
information, we are required to rÈport that fact. We have nothing to report in this regard.
Matters on whlch we a￿ required to report by excgption
We have nothing trj réport in respect of the following matters where the Chariti88 (Accounts and R6portsl Regulations
2008 require5 US to report to you if. in our opinion..
the information gtven in the Report of the Trustees Is Inconsistent in any malerial respect with the financial 5tatem8nts'
or
the charitable company has not kept adequale 8ccounting records. or
the financial statements are not in agreement with the accounting records and ￿U￿5,. or
we have not received all the infoThnation and explanatlons we require for our audit.
Re8pon81blllllos of trustse6
As explained more fully in the Statement of Trusl8&8' Rgsponsibilitles. the Iru5tees (who aTr also the direGtors of the
charitable company for the purpose5 of company law) are re¥ponsible for the preparation of the financial statements and
for being 5at15fied that they give a tru8 and fair view. and for such intemal conlrol a5 the trustees delemiine is nec8ssary
to enable the preparation of financial Statements that are free from material misstalemenL whether due to fraud or error.
In preparing th& financial statemenis. the truslee5 are responsiblefor assessing the charitable company's abilityto conlinue
as a going con￿rn, disclosing, as appllcablè, matters related to going concern and using the going concern basis of
accounting unless the trustees either intend to liquidate tha charitable company orlo cease operations, or have no realistic
alternative but to do so.
Page 9

Report of the Independent Audltors to the Trustees of
Reaching Higher
Our responsibilities for thp audit of tho financial statements
We have been appointed as audilors under Se￿lOn 144 of the Charities Act 2011 and report in acwrdance with the Act
and relevant regulations made or having effecl thereunder.
Our objedives are to obtain reasonable assuranc& aboutwh8lh&r thè financial statem6nts as a whole are frea from material
mi5slalement. whether due to fraud or eTror, and to issue a Report of the Independent Auditors that includes our opinion.
Reason8ble assuran￿ is a high level of assurance. but is not a guarantee Ihat an audit conducted in accordance wilh
ISAS (UK} will always detect a material m55Stalernent when it exists. Misstatemen15 can arise fram fraud or error and are
considered material if, individually or in the aggregate, they could reasonably be expected to influence the ewnomic
decisions of users taken on th@ basis of th@S8 financlal statsmants.
Irregularitie5. including fraud, instan￿5 of non-compliance with laws and regulations. The objective5 of our audit are
lo obtaln sufflclent appropriate audit evidence regardlng compllance with laws and regulations that have a ￿1￿ct effect on
tha detennlnation of matèrial amounts and dlsclosurns In thè financ5al stat8m8nts, to perform audit procedures to help
id8ntify in8tances of nonwcompliance with other law8 and regulation8 that may have a material effect on the financial
statements, and to respond appropriately to identified or susp8Cted noTrcompliance with laws and regulations identified
during the audit.
In relatlon b fraud, the objedives of our audil are to identify and assess the risk of material misstslement of the financlal
statements due to fraud, to obtain sufficient appropriatè audil widgnca regarding tha assessed risks of matsrial
misstatements due to fraud through designing and implementing appropriate responses and to respond appropTiately to
fraud or suspected fraud identified during the audit
However it is tha primary responsibility of management. with the oversight of those charged with governance, to ensure
that the entity's operations are conducted in accordance with the provisions of laws and regulations and for the prevention
and detection of fraud,
In identifying and asse55ing the risks of material misstatement in respect of irregularities, includlng fraud. the audit
engagement team made enquirie8 of management, and those charged with govemance, regarding the procedur6s relatlng
to identifying, evaluating and comptying with,.
1. laws and regulations and whether they were aware of any Instances of non-complian￿,.
2. dgtecting and responding to the risks of fraud and whether thgy have knowledg8 of any actual, suspected or a118ged
3. the internal controls established lo mitigate risks rèlated to fraud or non-compliancé with laws and regulations..
As a result of these procedures we consider the most signfficant laws and regulations that have a direct impact on the
finan¢lal statements are FRS 102, General Dala Protection Regulations. Charitie5 Act 2011 and the Charities Statement
of Récommended PractleA. W8 parfomiad audit procedurÈs trj datÉct non-compliance. which Tnay have a material impact
on the finanrial ¥tstements. These included reviewing financial slatement disdosur85 and evaluating advice received from
external advisors. There were no significant law5 and regulation5 we deemed as having an indirect impact on the financial
statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is datailed belDW:
The audit engagement team identified revenue recognition as the area Whe￿ the financial statemen15 were most
susceptible to material misstatement, especially with respect to timing and Ihè split b&lfft8n restricted and unrestricted
funds. Audit procedu￿¥ performed included but were not limited to testing income recognition and cut-ff. and evaluation
the need for any provisions to be made in relation to deferred or accrued income.
Testing has also been performed on bank transactions, purchasès and joumals in relation to identifying any large Dr
unusual transactions Ihat may be misstated, fraudulently or Othe￿iSe.
A further descrlptlon of our responsibllities for the audit of the financial statements is located on the Financial Reporting
Council's website al www.frc.OTg.ukJauditorsresponsibilities. This description fonns part of our Report of the Indepèndgnt
Auditots.
Page 10

Report of the Independgnt Auditor8 to th& Trustses of
Reaching Higher
Use of our report
Thls report Is made solely to the charilable company's tru8lees. as a body, in accordan￿ wlth Part 4 of the Charilies
(Accounts and Reports) Regulations 2008. Our audit WOTk has been undertakén so thal we might slate to the charitable
company's trustees those matters we are required10 Stale lo them in an auditors, report and for no other purpose. To the
fullest extent permitt￿ by law, we do not accept or assume responsibility to anyone other than the charitabl8 company
and the charitable company's trustees as a body. for our audit work. for this report. or for the opinion5 we have fO￿ed.
Iliams & Co Epsom LLP
Statutory Audito
Ellgible to act as an auditar in lemis of Se￿10￿ 1212 of the Companies Act 2006
8-10 South st￿et
Epsom
Surrey
KT18 7PF
Date.. 29 October 2025
Page11

Roaching Hlgher
Statement of Financial ActlvllloÈ
for the Year Ended 31 Decomber 2024
2024
Total
fund8
2023
Totsl
funds
Unrestricted
fund
Restricted
funds
Notes
INCOME AND ENDOWMEfrrfs FROM
Donations and legacies
29.060
1,144.632
1.173.692
888,787
Charifable aclivities
General
33.738
33.738
57,459
Investment income
11.230
Total
1 144 632
1,222.077
957 476
EXPENDITURE ON
Raising funds
19,120
19.120
18,918
Charftable activities
G8néral
1046 393
1,113.329
858,863
Trrt21
66,936
1 065513
1,132.449
877.781
NET INGOME
10,509
79,119
89,628
79.695
RECONCILIATION OF FUND8
Total funds brought forward
423,442
243,745
667,187
587,492
TOTAL FUNDS CARRIED FORWARD
433,951
756.815
667.187
The notes form part Df these financial stalwnonts
Page 12

Reaching Higher
Balance Sheet
31 Decembor2024
2024
Total
funds
2023
Total
funds
Unrestricted
fund
Restricted
funds
Notès
FIXED ASs￿s
Tangible assets
14
7.381
7.381
3,070
CURRENT AS8ETS
Debtors
Cash at bank
15
33,188
462.B89
33.188
785,752
2.741
742.311
496.077
322,863
818,940
745,052
CREDITORS
Amounts falling due within one year
16
169,506)
(69,506)
(80,935)
NEf CURRENT ASSET8
426,570
322 864
749,434
TOTAL ASSET8 LESS CURRENT LIABILITIES
433,952
322,863
756,815
667,187
NET ASSETS
433.952
322,863
756815
667,187
FUNDS
Unrestricted funds
RestriGted funds
17
433.952
322.863
423,441
243 746
TOTAL FUNDS
756.815
667 187
The charftable company 18 entrtl&J to exemptlon from audSt under Section 477 of the Companies Act 2006 for the year
8nded 31 December 2024.
The members have not depositèd noti￿. pursuant to Se¢tion 476 of the Companies Act 2006 requiring an audit of these
financlal statements.
The trustees acknowl8dge thelr responsibilities for
la)
ensuring that the charitable cAmpany keeps accounting records that comply with Sectlons 386 and 387 of the
Companies Act 2006 and
preparing financial statements which glve a true and fair VI￿ of the state of affairs of the charitable company as
at the end of each financial year and of its surplu5 Or deficit for &ach finandal year in accordance with the
requirements of Sections 394 and 395 and which othewise comply with th6 ￿qUIrementS of the Companies Act
2006 relallng to financial statements, 80 far as applicable to the charitable company.
These financial statements have been audited under Ihe requirements of Section 145 of the Charilies Act 2011.
Ibl
The financial statements were approved by the Board of Trustees and authorised for issue on 29 October 2025 and were
signed on it5
half by:
V ThiyagaTajah- Trustee
The notes form part of the8è financial statements
Page 13

Roaching Hlgher
Cash Flow statemgnt
for the Year Ended 31 December 2024
2024
2023
Notes
Cash flows from operating a¢ttviiies
Cash gènerated from operalion5
37.077
87,110
N81 cash provided by operallng activities
37,077
87,110
Cash flows from Invosting actlvltles
Purchase of tangible fixed assets
Sale of tangible fixed a58ets
Interest received
(6,910)
{1,373)
14.647
(10,646)
7,090
Net cash provided by investing activities
6,364
hange in cash and cash aqulvalonts In
the reporting period
Cash and ¢ash equivalents at the
boginnlng of the reportlng period
43,441
94.784
742,311
647.527
Cash and cash equivalents at the end of
the reporting perlod
785 752
742311
The notes form part of these financial statements
Paga 14

Reachlng Higher
Notes to thp Cash Flow Statement
for the Year Ended 31 December 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2024
2023
Not income for the reporting period {as POT the Statem&nt of Financlal
Activitles)
Adjuslmonts for:
Depreciation charges
Interest received
(Incrèas8lldecrease in debtors
IDecrease)Ancrease In crédilors
89,628
79,695
3,972
{14,647)
{30.447)
4.780
(11,2301
13.342
523
Not cash provided by operatlons
87,110
ANALYSIS OF CHANGES IN NEf FUND8
At1.1.24
Cash flow
At31.12.24
Net ca8h
Cash at bank
742.311
43,441
785 752
742.311
785,752
Total
742,311
The nole3 form part of these finanaal statsménts
Page 15

Reaching Hlgher
Not•6 to the Financial Statements
for the Year Ended 31 December 2024
ACCOUNTING POLICIES
Basis of preparing th• financlal statements
The financial statemenls of the charitable company, which is a public benefit entity under FRS 102, havè been
prepared in accordance ￿th the Charities SORP (FRS lo2),A￿ounl[ng and Rèporting by Charities- Statement of
Recommended practi￿ applicable to charities preparlng their accounts in accordance wilh the Financial Reporting
Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2019),. Financial Reporting
Standard 102 The Financial Reporting Standard applic8ble in the UK and Republic of Ireland, and the Companias
Act 2006. The financial statements hav8 been prepared under the historical cost convenlion.
Reaching Higher rne￿$ the definltion of 8 public benefit entity under FRS 102. Assets and liabiliti88 are initlally
fecognised al hi5toric81 cost or transactlon value unle¥s otherwise stst8d in the relevant accounting policy notèls).
Preparation of the account8 on a going concem basis
The charity is considered lo be a going concern based on exisllng level of reserves and exp8Cted future Income.
Income
Income is reco9nised in when the charity has entitlement lo the funds, any perfomiance conditions to the item(s)
of incom8 have been met it ts probable that the Income will be received and the amount can b8 measured reliably.
Income frorn government and other grant5, whether 'capital' grants or 'revenue' grants, 15 recogni5ed when tha
charity has enlitlemenl to the funds, any p8rfoThance conditions attached to the grants have been met il is probable
that tha Income wlll be received, and the amount can be measured reliably and is not deferred. Where grant
instalments have not yet been received but where the activity has been cornpleted, income will be r8cognised in
the 8¢counts.
For legacies, entitlemenl is taken as the earller of the date on which either the charity is aware that probate has
been granted, the estate ha5 been finalised and notification has been made by the executor{s) to th8 Trust Ihal a
distribution will be made. or when a di5tribulion is rec8ived from the estste. Receipt of a legacy. in whol8 or in part.
i5 only been notified of th8 executotrs intention to rnake a distribution. Where legacies have been notified to the
charity, or the charity 15 aware ol the granting of probate, and the criteria for income recognition have not been meL
then th8 legacy is treated as a Contingent asset and disclosed rf material.
Donated Servicos and faclllliès
Donated professional services and donated facilitiès are recognlsed as income when the charity has control over
the item, any conditions associated with the donated item havÉ been met, the receipt of economic banéfit from the
use by the Gharity of the item Is probable and that econr)mic benefit can b8 measured reliably. In accordance with
the Charities SORPIFRS 1021. general voluntèèr lime is nol recognised, and more infomialion is glven about their
contribution in the trustees, annual report.
On receipt, donated prolessional services and donated facilities are recognised on the basis of the value of tha gift
to the charity which the amount thè charty would have been willing to pay to obtain services or facilities of
equiva18nt economic benefit on the open market. a correspondln9 amount is then recognisod in expenditure in the
period of receipt.
Interest re¢eivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the
charity- this is normally upon nollfication of the interest paid or payable by thè bank.
Expendlturé
Expenditure is recognised once Ihere is a legal or construclive obligation to make a payrnent to a third paty. it is
probable that settlement will be required and the amount of the obligation can be m&asured reliably. Expenditure
is classified undèr the following activity headings..
(al Costs of raising fvnds includes the costs of fundraising events and staff costs associated with fundraising such
as bid writsng.
Page 16
continued...

Reaching Higher
Notes to the Flnanclal Statements - continued
for thè Yèar Endèd 31 December 2024
ACCOUNTING POLIGIES. continued
Expenditure
Ib) Expenditure on tharitable athlties indudes the costs of running mentoring projects. community projects.
residential camps and othar aducational activities undértakèn to furthar the purposes of the charity and their
associated support costs.
Irrecoverable VAT is charged as a cost agalnst the actsvity for whi¢h the expenditure was incurred.
Allocation of support Costs
Support costs are those functions that a55i5t the Work of the charity but do not directty undertake charitable
activities. Support costs include back office costs, finance, personnel, payroll and governan￿ cosls whith 5UPPOrt
the charity's programmes and activities.
These costs have baen allocated behveen cost of raising funds and expenditure on charitable activities. The bases
on which sUPPOrt costs have been allocated are set out in note 9.
Tanglble Ilxed assets
Dèpreciation Is provlded at th& followlng annual rates in ordèr to write off each asset over its esttmated useful Ilf8.
Taxation
The charity is exempt from tax on income and gains falling within section 505 01 the Taxes Act 1988 or section 252
of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable object.
Fund accounting
Unréstricl8d funds ar6 available to spend on acOvili8S that further any of the purposes of charity. Deslgnatsd funds
are unrestricted funds of the charity which th8 trustees have decided at their discretion to sot aside to use for
specific purpose. Reslrithd funds are donations which the donor has specified are lo be solely used for particular
area5 of the charity's work or for specific artistic projects being undertaken by the charity.
Hlr& purchas• and leaslng commltmonts
Rentals paid under operating leases are charged to the Statement of Financial Activiti8s on a straight lin8 basis
over the period of the lease.
Penslon costs and other pogt4etiremenl bèn8flts
As part of our commitment to workplace pensions, employegs of the chanty operates a company pension scheme
through NEST (National Employmentsavings Tru5tl. All eli9ible employee5 are invited tojoin this scheme, ensuring
they have access to a secure and flèxibl8 penslon arrangèmént. Contributions from both the employer and
employees are paid into this fund in line with ststutory requirements and th8 scheme Tules.
The employe￿$ contribution made In 2024 were £45.410 (2023 £29,316) wilh an employerfs contribution rate of
3% of pensionable pay and an employee's contribution of 5% of pensionable pay. The tnjsiees continue to monltor
employee and employer contribution rates.
Financtal instruments
Th8 trust only has financial assats and financial liabilities of a kind that qualify as basic financlal instruments. BaslG
financial instruments ar8 initially recognised al transaction value and subsequently measumd at Ihèlr sèttlèment
value with the exception of benk loan¥ whiGh are subsequenlly measured al amortised cost using the effective
int8rest method.
Page 17
continued...

Reaching High9r
Notes to th8 Flnancial Statements - continued
for the Year Ended 31 Docember 2024
DONATIONS AND LEGACIES
2024
2023
Grants
Donallons
1,144,628
29,064
872,912
15,875
1,173,692
888 787
Th8 income from donations and grants was £1,173.692 (2￿23. £ 888,7871. of which £29,060 was unrestrlcted
£1,144,62812023.' £22.275) and £1.144,632 restricted {2023: £866,512).
Donation incom8 indudes corporaté fundlng and contributions specificalty raised to 5UPPOrt the Easter residential
camp programme.
The charity benefrts grealty from the involvemenl and enthusiastic support of ils many volunteers, details of which
ar8 glv@n in our annual reporL In accordance with FRS 102 and the Charities SORP {FRS 1021, the ettjnomic
contribution of general voluntsèrs Is not recognised in the attounts.
INVESTMENT INCOME
2024
2023
Deposit account interest
14,647
All of the charity's investment income arises from money held in interest4)earlng d8posit accounts.
INGOME FRONI CHARITABLE ACTMTIES
2024
2023
Activity
General
General
Other Operallng Income
Incom8 from contrads
9.438
5,329
52.130
33,738
57,459
RAISING FUNDS
Other tradlng actlvlties
2024
2023
Purchases
Wages
464
1,276
17,642
18,918
CHARITABLE ACTIVITIES COSTS
Un￿strICted
RestriGted
Totals
Project délni8ry
Depreciation
Staffing including training
Support costs
Govemance costs
Sundry costs
48,678
3,972
6,439
6,794
810
243
307,783
356,461
3,972
665,443
77,028
28,838
243
659.004
70.234
28,028
Total
66,936
1,065.049
1131985
Page 18
continued...

Reachlng Higher
Notes to the Financial Statements - continued
forthe Year Ended 31 Decembgr2024
SUPPORT COSTS
Information
t8chnology
Governance
Costs
Finance
Other
Totals
General
1,592
440
28,838
105,866
NEf INCOMEI{EXPENOITURE)
Net inc0m61(expenditu￿I is staled after chargin￿(CreditIng).'
2024
2023
Auditor5, remuneration
Depreciatlon - owned assets
oth@r op8rating leases
8.760
3,973
9.250
1,500
4,780
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other ben￿11$ for the year ended 31 December 2024 nor for the year
ènd&d 31 December 2023.
Tru¥lees' expgn8e8
There were no trustees, expenses paid for th& year ended 31 December2D24 nor for the year ended
31 Decembér 2023.
10.
STAFF COST8
2024
2023
Wag8s and salaries
Social secunty costs
Other pension costs
55g.486
29.818
494,488
44.691
634 714
568.495
The averagé monthly head count was 20 staff (2023'.18) and th& average monthly number of full-tlme equivalent
employe&s linclucling part-tlme staffl during the year were as follows-
The average monthly number of employees during the year was as follows:
2024
2023
Schools
Communty
Support and Govemance
20
18
The number of employees whose employee benefits (excluding employer pension costs) éxceeded £60.000 wa5:
2024
2023
£60.001- £70,000
Pension costs are allocated to activities in proportion trj Ihg related staffing costs.
Pag& 19
continued...

Reachlng Hlgher
Notes to the Flnancial Statements - continued
for thg Yoar Ended 31 December 2024
10.
STAFF COSTS - continued
The charity trustees were not paid or received any other benefts from employment with the Trust or it5 substdiary
in the year (2023: Nil) neither were they ￿1mbu[sed expenses during the year (2023". Nlll- No charity trustee
le￿[￿ed payment for professional or othèr senrices supplied to the charity12023: Nill.
COMPARATIVES FOR THE STATEMENT OF FINANGIAL AGTIVITIES
Unrestricted
fund
11.
Re8tricl8d
funds
Total
lunds
INCOME AND ENDOWMENTS FROM
Donations and legacies
22,275
809,476
888,787
Charitable activttles
General
57.459
57,459
Inveslment Income
11,230
Total
90.964
866.512
957,47e
EXPENDITURE ON
Rai8ing funds
1.276
1,276
Charltable activities
Général
53,129
823,376
876.505
Total
823.376
877,781
NET INCOME
36,559
43,136
79,695
RECONCILIATION OF FUNDS
Total funds broughl foThvard
386,883
200.609
587,492
TOTAL FUNDS CARRIED FORWARD
423 442
243 745
12.
LEGAL 8TATUS OF THE TRUST
The trust is a company limfted by guararrtee and has no shyre capital. In the 8vent of the charity being Wound up,
the liability in respect of th8 guarantee is limited to £10 per member of the charity.
13.
CORPORATION TAX
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252
of the Taxation af Chargeable Gains Act 1992 to the extènt that these are applied to its charitable object5.
Page 20
continued...

Reachlng Hlgher
Notes to the Financial Statements - continuod
for th& Y&aT Ended 31 December 2024
14.
TANGIBLE FIXED ASs￿s
Office
equipment
and
furniture
C08T
At 1 January 2024
Additions
14,341
At 31 D&cAmb8r 2024
DEPRECIATION
At 1 January 2024
Charge for year
Eliminated on dt5posal
11,271
3,973
1,374
At 31 December 2024
13.870
NET BOOK VALUE
At 31 December 2Q24
7.381
At 31 December 2023
3.070
15.
DEBTORS: AMOUNT8 FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtQTS
Other debtors
Prepayments and accrued Income
6.500
2.141
600
26.688
2,741
16.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Tradè craditors
Social security and oth&r taxes
Pension¥ payable
A¢¢ruals
Dèsignat￿ funds
398
27,414
(3451
1.500
11,639
3.347
12,911
69.506
Building Improvgmènts
2024
2023
Openlng Bolance
Grant rèeAived from funders
Grant retumed to funders
Buildin9 expense
51.968
63.144
10.000
360
Closing Balance
51,968
Designated Fund specifically set aside for Building Improvements. This fund has been creat8d to sat aside
resources for plann@d réfurbishment. maintenance. and development of the charity's premtses, ensuring that our
facilities continue to provide a safe, welcoming. and èfféctivè Énvironment for our youth activities.
Thè fund is supported by deslgnaled grants, which have been specffically provided to cover these building.relat
improvements. By establishing a separate deslgnated fund, Ihe TnJ5tees are able lo dearly track and manage
expenditure relating to the property. ensuring that these resourcas are used exclusively for their intended purpose
and aligned with Ihe long-lemi strategic needs of the charity.
Page 21
continued...

Reaching Higher
Not&s to thè Flnanclal Statements - continugd
forthe Year Ended 31 December 2024
17.
MOVEMENT IN FUNDS
N8t
movement
in funds
At
31.12.24
At1.1.24
Unrestrictsd funds
General fund
423,442
10,510
433,952
Restricted funds
Core Funding
Creative Media
Merrtoring
Leade￿hiP & Volunt8èring
124.156
3.627
65.082
115.004
13,627)
118,406)
13.853)
239.160
46,676
37,027
243,745
322.863
TOTAL FUNDS
667.187
89,628
756815
Net movemenl in funds, included In the above are as follL)WS'.
Incoming
resour¢6s
Resour￿5
8xpended
Movemènt
in funds
Unrnstrictad funds
General fund
77,445
(66.9351
10,510
Restricted funds
Core Funding
Craalive Media
Mentoring
Leadership & Volunteering
925,718
1810,7141
13,6271
1127,8631
115,004
{3,627)
118,406)
13,853
109,457
1,144.632
1.065 514
TOTAL FUNDS
1,222,077
1,132,449
Comparatlve8 for movement in funds
Nel
movement
in funds
At
31.12.23
At1.1.23
Unrestricled funds
General fund
386,883
36.559
423,442
Restricted fund¥
Core Funding
creati￿ Media
Mentoring
Leadetship & Volunteering
85,804
3,627
63,125
48.053
38,352
124,156
3,627
65.082
1,957
200,609
TOTAL FUNDS
587,492
667 187
Page 22
continued...

Reaching Higher
Notss to the Financlal Ststémènts - contlnued
for the Year Ended 31 Decgmber 2024
17.
MOVEMENT IN FUNDS - contlnued
Cornparative net movement in funds. includ8d In tha above are as follow5-
IncomSng
resaurca8
Resour￿5
exp6nd8d
Movement
in funds
Unrestricted funds
General fund
90.964
{54.405)
36,559
Restrictsd fund8
Core Funding
Mentoring
Leadershlp & Volunteering
469.173
316.377
(430,821)
(314,4201
78.1351
38,352
1,957
2.827
866.512
823,376
43,136
TOTAL FUNDS
957 476
877.781
A Gurrent year 12 months and prior year 12 months combined positton is as follows..
Nel
movement
in funds
At
31.12.24
At1.1.23
Unrpstricted funds
General fund
386,883
47,068
433.951
Restrlcted funds
Core Funding
Creative Media
Mentoring
Leadership & Volunteering
85,804
3,627
63,125
153,356
{3,6271
(16,4491
11,0251
239,160
46.676
37,028
200 609
122.255
322,864
TOTAL FUNDS
169,323
756.815
A current year 12 months and prior year 12 months combined net movement in fund5. included in the ab)ve ar8
as follows.,
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fijnd
156.756
(109.688)
47,068
Restricted funds
Core Funding
Creative Media
Menloring
Leadershlp & Volunteering
1,406.S58
(1,253,202)
(3.627)
(442.267)
201.446
153,356
13.627)
(16,4491
11.025
425.818
190 421
2,022 797
1,900,542
122,255
TOTAL FUNDS
2 179 553
2.010.230)
169,323
Page 23
continued...

Reaching Higher
Notès to thè Flnancial Statsm&nts- confjnued
forthe Year Endgd 31 Dgcember2024
17.
MOVEMENT IN FUNDS - continued
Reaching Higherfs reserves are categorised into three main areas- Cor& Fundlng, Mentoring, and Leadership &
Volunteering - each reP￿Senting funds set aside for specific purposes that support our charitable objectives.
Core Funding
This res8rva supports the essentlal running costs of the organisation, indudlng stsff salaries. office operations, and
administrative systems that enable the effecllvè daliv8ry of all programmes. 11 ensures stsbility and continulty
across our activities.
Mentoring
This reseNe is restricted to our youth mentoring programmès. whlch provide one-to-one and group mentoring for
young people aged 11-19. It 5UPPOrts activities such as mentor training, session delivery, saf8guardlng, and
resources that help young people build confidence, resilience, and posst5ve relationships.
Lèadarship & Volunteering
This reserve funds our lèadership davélopment and volunteering initiatives, Including the Young Leader5
Programme, community volunteering projects, and ski118 workshops. It énablès young p8opla to davelop leadership
ski115, gain experience, and ￿ntrIbUte positively to their cornmunities.
Together, these resèrvès ènsuro that Reaching Higher can continue to invest In young people's personal 9rowth,
communty engagement, and long-term dev&lopm8nt. while maintaining financial stability and transparenGy in how
reslriGted funds are used.
18.
RELATED PAR￿ DISCLOSURES
During the year trustees donaled £4,45912023'. £5,500) to the charity. No trustee received any benefit in respect
of these
This page does not fomi part of tha statutory finanGial statements
Page 26