Company registration number.. 07023130 Charity registration number.. 1138413 Bold Vision IA company limited by guaranteel Annual Report and Financial Statements for the Year Ended 30 September 2025 Field 5ulliv3n Limited 9 Hare & Billet Road 8lackheath SE3 ORB
Bold Vision Contents Reference and Administrative Detsils Trustees, Report 2to6 Independent Exzminer'5 Report 7t08 Statement of Financial Activitie5 Balance Sheet io Notes to the Financial Statements Ilto20
Bold Vision RefereD¢e and Administrative Details Chair David Holloway OBE Trustees Frances Felgète Gary H311 David Holloway OBE John Knepler Sophie Lewis David Richards Chariiy RegistratFon Number 1138413 Company Registration Number 07023130 The charity is incorporated in England and Wales. New Cross Le3rning 283-285 New Cross Road London SE14 6AS Reglstered Ofll¢e Independent ExaminÈr Field Sulllvan Limited 9 Hare & Billet Road 81ackheath SE3 ORB Bankers The Co-operative Bank 8usiness Directplus 151 Lewisharn High 5t London SE13 6AA Page I
Bold Vision Trustees. Report The trustees present their report and financial statements for thÈ ye3r Ended 30 September 2025. The accounts have been prepared in accordance with the accounting policies set out in note I to the accounts 2nd comply with the charity's constitution, the Companies Art 2006 and the Statement of Recommended Practice, "Accounting and Reportin8 by Charities" issued in March 2005. Objectives and actlvities The Bold Vision eharity's objects are to further or benefit the residents ol Telegraph Hlll and surrounding areas of South East London, without distinction of sex. sexu81 orientatlon, race or of political, rellglous or other opinions, by aSsocating together the said residents and th@ local authorities, voluntary 3nd other organisations in a common effart to advance education and to provide facilitie5 in the interwts of 50ci31 welfare for recreation leisure time occupation with the objective of improvingthe condition5 of life for the said residents. The policies adopted in furtherance of these objects provide a chatable basis and services th3t enable local people to develop projects that benefit local people or, like Feed the Hill, provlde them help imrnediately to en3ble responses to urgent need or emergency. The TrusteÈs have paid due regard to the guidance issued by the Charity Comrnissian in deciding what activitie5 th@ charlty should undertake and how those activities arÈ deliver&d 3nd monitored. 8old Vision offers advice on all aspects of charitable endeavour, provides 3 platform lor funding and has useful cooperative links with the local cauncll and Cuuncillors. Over the year, Bold Vision has maintained support for it5 projects. All projects have continued to develop thèir nets¥orks, setvices and infrastructure, as de5£ribed below. Bold Vision ha5 had a successful year in term5 of fundraising 2nd the sustainability of our main project5. As an umbrella body. the organ15ation has 5ucce5sfully raised and negotiated funding for our own projects and other5 that have required a trusted local charitable organlsation to accept. monitor and account for local authority and charitable grants. Org3ni5ations th3t have used us this ye3r were Facework Group CIC, a New Cr055 community workspace, and Artmongers for the restoration of the DeptFord Pearls community mural. Bold Vision Projects.. 'Feed The Hill, IFtHI.' aver the past year FtH h85 continued to support over 750 people, some of whom are housebound 3nd have food delivered to their door. One day a week, FtH open5 Its doors as a Social Supermarket, where local people facing econornic hardship E2n pick up a good range of foodstuffs for free or a small donation. The project is mainly organised by volunteer5 but Bold Vision has contracted with indiwduals to help manage what h3s becorne a 5ubstsntial oper3tion. This Social Supermarket at 367 New Cross Road 15 FtH'5 permanent base and it also acts a5 a storehouse for food deliverie5. Much of the food that FtH provides and deliver5 15 sourced free from supermarkets and wholesale food outlets, which would otherwise go to waste. New project-based work funded by DEFRA has seen FtH take on farm collections of faod which would othetwise go to waste, 3nd 3 partnership with Plan Zheroes sees the pruject rescuing appro¥im3tely 500kg a week of Surplus stock from Borough Market. Page 2
Bold Wision Trustees. Report 'New Cr055 Learning, INXLI is run entirely by volunteers who, with the help of 8old Vision, took over the running of New Cr05s Library, after it wa5 threatened with tlosure by the council in 2013. Since then. it has changed its narne to New Cross LearninE, to r*flect on its wider brief and become an important comMnItY hub. foxL now runs the library, which h35 a computer suite, a children's re3ding and storytelling area and. in the winter, a Warm Hub, where local people living in fuel poverty can come 2nd sit and have hot snac and tea. NXL hosts local schoo15 and ollers legal, energy and gen&ral advice and referra15 and hglp with online official carntnunications Lewisham and 8romley Credit Unton opens within the NXL premises five days a week and offers a safe and confidential Space foi clients looking for a community-based, ethical banking service. The basement Is currently the home of the New Cro55 History Archive, and is undergoing renovation to better support the Archive 3nd provide èccessible and prlvate spaces for advi WDrk. The Single Parent Support Group ISPSGI.. helps Singlparent farnilie5. Members are offered One-tOne support and sometime5 come together for èctivities and special events. SPSG is currently working with 47 famllies on Its Facebook group. The founder member, Sally Davis partTred up with Telegraph Hill Festival 2025 to host a PÈrenting Event with LÉvJisham Fostering Hub aTid participated in the Fe5tival'5 annual pantomirne. SPSH was also involved in the Telegraph Hill Festival in November to promote SPSG p3rtlClP3tion in the annual pantomime. Thi5 provided opportunities for people in the local community to lind out about the SPSG and get involved. As part of it5 winter programme, SPSG organised 3 social event at the Hill Station Cale. Aspinall Roèd Gèrdens.. is now established under the Bold Vision umbrella. Each end of the pinallDrakeferl footbridge was 3 regular fly-tipping site with mounds of builders. rubbish. tt was a dangerous eyesore, but that ha5 311 changed. The garden5 are now a bEautiful haven with furnitur@ and z cupboard 1Sbrary that 3ttratts parents and children on their way from School, and others who just want to sit and reflect in z quiet and beautiful space. Water is a challenge. Local neighbour5 have helped out but a permanent solution needs to be found. Common Growth is a lo1 cornmunity garden run by volunteers. Its volunteers continued to maintain the garden. whlch opens between Spring 2nd Autumn for local people to use and benefit Irorn if they are withDUt garden or green space of their own. Feed the Hill volunteers are also involved in the garden and raised over £250 and obtained a grant to construct a compost toilet. Thi5 W25 completed in Spring 2026 ènd will allow much rnore use from schools, local groups 3nd the volunteers. Green 14 attempt5 to reduce the carbon footprint of our comrnunity, cre2tin8 a greener natural environment to protect us against higher temperatures. It mzintain5 the roundabout at the top of Pepys and Jerningham Road5. The group have introduced wildflowers and shrubs and has transformed this ignored central leèture into a green oasis. They have also been involved in rewilding arÈas of Telegraph Hill Park and have been 2Ctive in plzntinE and caring for trees in the area. Green 14 15 also involved in gardening and planting for wildlife in the neighbourhood, new tree plantingi awarenEs5-ra15ing by working with 3rt15ts on the Issue of climate change, collertive investing in renewable energyi recyclin& plastic bag5, and transport. The Green 14 team also run5 '0pen Gardens, as part of the Telegraph Hill festival and donates monie5 rai5Ed to local cause5 in the current year to Edmund Waller School for a kitchen garden. Power In Our Han(ts IPIOHI.. is an environmental initlative that is Concerned with the achievement of net 2ero, advise on enerEY use, renewabl and cutting emission5, raising awareness of dimate chan8e and the environrnent. Its volunteers run weekly energy advice sessian5 ar New Cross Learning. It also runs Climate Fresk workshops, where participants can le8rn about climate change and are working to produce 3 Oirectory for Sustainable Lewlshèm, Ilsting environment31 Servic and organisation5 in and around Lhe borough.. Page 2
Bold Vision Trustees. Report Telegraph BOx.. The restoration of the K2 telephone kiosk5 at the top ènd bottom of Jerningharn Road began in 2023. The project focuses on artistic displays and installations. The restoration of the kiosk at the top h35 now largely beÈn accomplished, but has yet to St8rt on the lower kiosk. A three-per50n steering comrnlttee oversees developments. The box has been filled with b311oon5, had 3 Christm8s tree and a skeleton for HallaweEn. Entelethy Arts wll E>e installing recordings as p8rt ol their Oial a Poem project. 6old Vision 15 Part ot a network of local groups that we work alongside and help at certain times. We have fundraised for local groups. These include Telegraph Hill Welcorne5 Refugees which aims to house and SUPPDrt a refugee family., Facework, which 5UPPOrts refugees with training ¢Durse5 and 8 soci31 hub,. and funds towards improving the local Park. Bold Vision would like to thank.. Alph3tr3ck Engineerin8 Systems Forsters Charitable 7rust Haberdashers School Alleyn's School The London Borough of Lewisham, LeWhaM Homes London Community Funder5 L&Q Placemakers Fund Masher Brother5 Groundwork Ifescol Activate National Post Code Lottery For their generou5 finznaèl contributions towards our work through the year. Financi31 Review Bold Vision has reported 3 surplu5 for the 4ccountirig period and has strong reserves, which will be used to support ongoing and future community 3Ctivity in the local area. BV has recorded a surplu5 of £48,25712024.. deficit of £11,013) for the year ended 30 September 2025. BV still hold5 large reserves against unforeseen events ènd has m3intained an above targ@t level of reserve5 with regards to the ongoing level of expen5e5 incurred. The level of reserves held at 30 Septetnber 2025 was £172,75712024.. £124,5001 with E145.21312024.. £81,246) of this held in restricted reserves. We would also like to thank the many individua5s who have contributed their tlrne as volunteeT5 or who have usÈd ourjust Giving page to Support ourwork financiallv. Page 4
Bold Vision Trustees, Report None of the trustees had a beneficial interest in the company. All the trustee5 are members of the companv and guarantee to contribute £1 in the event of a winding up. The five tru5tee5ldirectors Df Bold Vision regularly meet with a voluntary management team compri5Ed of repre5entative5 from the projects that operate under the Bold Vision umbrella_ Trustees and Officer5 The trustees and offl£ers (who are 3150 directors for the purpose of COrnPBny lawl serving during the year and since the year end were as follows= Trustees.. Frances Felgate Gary Nall David Holloway 08E John KnÈpler Sophie Lewis lappointed 11 September 20251 David Richards Chair., David Holloway OBE Page 5
Bold Vision Trustees, Report ststement of Tru5tees' Responsibilities The trusteQ5 (who are also the dirertors of Bold Vislon for the purposes ol company lawl are responsible for preparing the trustees, report and the financial statements in 8ccord3nce with applitable Izw and United Kingdorn Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice), including FRS 102 'The Financial Reporting Standard applicable In the UK and Republic of Ire13nd" Company law requires the tru5tee5 to prepare financi31 statements for e3ch financi31 year. Under company law the trustees must not approve the financial statements unless they are 53tisfiEd th8t they giv* a true and fair view of the state of affair5 01 the charitable company and of the incoming resourtes and application ol resource5, including its income ancl ependure, of the charirablE company for that period. preparing these financial statements, the trustees are required to.. select suitable accounting policies and apply them con5iStently,' observe the method5 and principles in the ChaTitie5 50RP,. make judgements and estimates that are reasonable and prudent,. state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures di5c105ed ènd explalned in the financial statements,. and prepare the fin3ncial Statements on the going concern basis unless it is inappropri3te to presume that the charitable company will tontinue in bu5ine55. The tru5tee5 are responsible for keeping proper accounting record5 that can disc105e with reasonable accuracy at any time the financial position of the charitable cornpany and enable them to ensure that the linanclal Sthtewents comply with the Companie5 Act 2006. They are also responsible for 53feguarding the a55ets of the charitable company and hence for taking reasonable steps for the prevention 2nd detection of fraud and ather irregularities. The trustees are responsible for the maintenance 3nd integrity of the corporate and financial information incltsdÈd on the charitable company's webslte. Le81513tion governing thÈ preparation and dissemination of linzncial statements may differ from legislation in other jurisdictions. The annual port wa5 approved by the truste@s of the charity I july 2026 and signed on its behalf by.. Davld Holloway OBE Ch3ir and Trustee Page 6
Bold Vision Independent Examiner's Report to the trustees of Bold Vision {'the Company'l I report to the charlty trustees (who are also Director5 for the purpose ol cornpany lawl on my examination of the accounts of the Bold Vision I'thE charitable companrfl for the year ended 30 September 2025 which comprise tho Statement of Financial Acrivities. the Balance Sheet and related note5 9 to 20. This rÉport 15 made solely to the charitOs trustees. as a body. In accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustee5 thasÈ matter5 1 atn required to state to them In this report 3nd for no other purpose. To the fullest extent pemiitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a bodyj lor my work, lorthis report. or for the opinions I have formed. Rèspon51bililles and basts of report As the th3rityls trustees cf Bold Vision you are responsible for the preparatlon of the accounts In accordan with the requirements of the Companie5 Act 20061'the 2CK)6 ACYI. Havlng satlsfled myself that the 3CCOUnt5 of Bold Vision are not required to be audited under Pèrt 16 of the 2006 Act and are eligible for independent examin3tion, I report In respect of my exèmin3tion of your charity'5 accounts a5 carried out under section 145 of the Charities Act 2011 I'the 2011 ACVI. In carrying out rny examination I have followed the Oirettions given by the Charity Commission under section 14515llbl of the 2011 Act. An IndeperTrdent examination does not involve gathering all the evidence th3t would be requirers in an audit and CDnsequently does not cover all the matter5 that an auditor considers in giving their opinion on the financial staternents. The planning snd eondutt of an audit goes beyond the limited assur8nce that an independent examination cèn provide. Consequently l express no opiniort as to whether the financial statements present a 'true and fèir, vlew and my report Is limlted to those speafic matters Set out in the independent eMaminerf5 ststement. Independent examiner's 5ts1ement I have completed my examination. I confirm that no matter5 have come to my attention in connection wlth the examination giving rne cause ta believe.. l. accounting records were not kept in respett of 8old Vision as required by sectlon 386 of the 2006 Act,, or 2. the zccount5 do not acEord with those records,. or 3. the dccounts do not cornply with the accounting requirements of section 396 of the 2006 Act other than any reqLJirement th3t the accounts give a 'true and fair view. which is not è matter considered as part of an independent exaFnination', or 4. the accounts have not been prepared in accordance with the methods 3nd prinuples of the Statement of Recommended Practice fDf 8ccounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard appllc8ble in the UK and Republic of Ireland IFRS 1021. I have no concems and have corne across no other rnatters in connection with the examination to which 3ttention should be drawn in this report order to enable a proper understanding of the accounts to be reached. Page 7
Bold Vision Independent Examiner's Report to the trustees of Bold Vision I'the Company'} rim Sullivan FCA Field Sullivan Limlted 9 Hare & Billet Road Blackheath SE3 ORB Date:... Page 8
Bold VisTon Statemeni of FlnanclalActTvltieslorthe Year Ended 305epiember2Q25 Ilncludlnglncome Ind Empenditurektwnt and5taternentofTot21 RecoEni5ed Gains and Losses) Tot?1 2U25 Rethtted Uni45trictei5 Re5tr1£ted Z024 r4ote IficofflE EIetsfrrn". 4.543 177 7D6 137.918 7.731 10.6S8 34.163 74933 5.578 5J65 ,096 5,97a S.flJ5 orhutsadyn8athvKteS vpstffll In(othe 7,454 9,Y52 4D fotal kncorne 150.791 15&317 34,2Q3 SB.476 112,679 ExpenL4ture cn.. 15621 15621 IIC7.&98 12791 3,6091 12791 Chalilae1ctlV1tS experlrÉ 1991041 i(expendituTel[lll(OE Tian5fEr5 bEtween ld5 48.257 Pl.3281 3,246 tlctmu¥EmEntln funds 115.7101 63367 111)J131 rotslfvffidsWght (orwird 43.254 81.216 124.mo 39.693 95.820 135.513 Total lund5CbIedf(ard S45113 17L757 Allolthe charivsathvES derN¢fiom coDtlnulfflEopor4th?nsthrinu thE abDuetWPEri¢ Ihe note5 0npag*ia to 10th iThlnttgr4lpJrtDllhesefifiancWststem¥its.
Bold Vision (Registration number: 070231301 Balance Sheet as at 30 September 2025 2025 2024 Note Fixed assets Tangible assets 13 36,378 10,559 Current assets Oebto 14 2,743 137,210 737 Cash 3t bank and in hand 15 114,956 139,953 115,693 Crediiors: Amounts falllng due wlthln ono year 16 13,5741 11.7521 Net cu¥rent assets 136,379 113,941 Net assets 172.757 124.500 Funds of the charity: Restrirted income funds Restricted funds 145.213 81,246 Unrestricted income funds Unrestricted funds 27,544 43,254 Total funds 17 172,757 124,500 For the financial year ending 30 Septernber 2025 the charity was entitled to exemption from audit under section 477 of the Companles Act 2006 relating to small companies. Directors, respon5ibilitie5'. ThE mernber5 have not required the charity to obtain an audit of its accounts for the year in que5tioFI in accordznce with section 476.. and The director5 ècknowl£dge their responsibilities for corNplyln8 Wlth the requirements af the Act with respect to accounting records and the preparation of accaunts. The financi31 statements on p3ges 9 to 20 were approved by the trustees. and authorised for issue on l July 2026 and signed on their beh31ff by". Frances Felgate Trustee Davi Holloway OBE Chairman and Trustee The notes on page5 11 to 20 form an integral part of these linancial statements. Page 10
Bold Vision Notes to the Finantlal Statements forthe Year Ended 30 September2025 I Charity statu5 ThÈ Charity is limited by guarantee, incorporated in England and Wale5, and con5equenily does not have 5h3re capital. Each uf the tru5tee5 is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation. The address of its registered office is.. New Cro%s Learning 283-225 New Cr05s Road London SE14 6AS These financial statements were authorised for issue by the trustees on l July 2026. 2 Accounting policie5 Summary of slgnlflcant accounting pollcies and key accounting estimates The principal 2ccountin6 policies applied in the preparation of these financial rtatements are set out below. The policies have been Consistently applied to all the years presented, unless otherwise stated. ststernent of compllance The financial statements have been prepared in accordance with Accounting and Reporting by Ch3ritle5'. Statement of Recommended Practice applicable to ch3rities preparing their accounts in accordallce with the Financial Reporting Standard applicable in the UK and Republit of Ireland IFRS 1021 (effective l January 20191 (Charities SORP IFRS 1021 Second edition October 20191, the Financial Reporting Standard appliiable in the UK and Republic ol Ireland IFRS 1021. They also comply with the Comp3nies Act 2006 and Charities Act 2011. Basi5 of preparation Bold Vision meets the definition of a public benefit entity under FRS 102. A55ets and liabilities are inltially reco8nised 3t hlsturical cost or transactiun value unle55 Otherwise stated in the relevant accounting policy notes. Golng concern The trustees cor151der th3t there are no material uncertainties about the charity's ability to continue a5 a going concern nor any signifi'cant areas of uncertainty that affect the carrying value of 35sets held by the charity. Exempt5on from preparing a cash flow statement The charity opted to eady adopt Bulletin I published on 2 February 2016 and have ther@lore not included a cash flow statement tn these finanthal statements. Page 11
Bold Vision Notes to the Financial Statement5 for the Year Ended 30 September 2025 Judgements and key sources of estimation uncertainty In the application of the charitys acctjunting policies, the trustees are required to make judgements, e5tirnates and as5umption5 about the carrying amount of 3ssets and liabilitie5 that are not readily 2PP3rent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differlrom these estimates. The e5tirnates and underlying assumptions are reviewed on an ongoing b35is. Revision5 to accounting estimates are recognised in the. pcriods in which the estimate 15 revised where revlsions affect5 only that period. or in the period of the revision and future periods where the revisions affects both current and future periods. Income and endowments All incorne 15 recognised once the Charity has entidernent to the income, it is probable that the income wll be received 3nd the amount of the income receivable can be measured fft1Sably. Oonutions t7nd leguties Donations are recognised when the charity ha5 been notified in writing of both the amount and settlement date. In the event that a donètion 15 5ublECt to conditions that require a level of performance by the charity before the ch3ritV 15 entitled to the funds, the Sncome is detorred 3nd not recognised until either those corydition5 are fully met, or the fulfilment ot those conditions is wholly within the control of the charity and it is probable that these conditl0n5 will be fulfilled in the reporting period. Grunts receivoble Grènts are recognlsed when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and 3re yet to be met, the income 15 recognised as a liability and included on the balante sheet as deferred income to be released. Investment income Bank interest receivable is recognised in the Statement of Financi31 Activities ISOFAI on an accruals basis, as it Is earned, rather than when it 15 received. Interest is recognlsed whÈn it Is probable th3t the economic beneflt associated with the transaction will flow to the charity ancl the arnount can be measured reli8bly. Rental income arising fmrn the let portion is recogntsed in the Statement of Flnancial Activities on an accruals bzsis over thÈ period to which it relates. Expenditure A51 expenditure is recognised ontt there Is 8 legal or construttive obligation to thai expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar c05t5 to that category. Where costs cannot be directly attributed ta particular headin85 they have been allocated on a basis con515tEnt with the use ol resources, with central staff Costs allocated on the basis of time spent, arld depre03tion charge5 allocated on the portion ol the asset's use. other supporl costs are allocated based on the Spread of staff costs. Ruisinpfunds These are costs incurred in attracting voluntary income, the management of Investments and those inCUrd in trading activities that raise funds. Page 12
Bold Vision Note5 to the Financial Staternents forthe Year Ended 30 September 2025 Choritoble actlvltles Charitable expenditure compri5e5 those costs incurred by the charity in the delivery of its actiwtles and service5 lor it5 benelicizries. It include5 both costs that can be allocated dirertly to such activities and those costs of an indirect nature necessary to support thern. Gmntprovisions Provislons lor grants are made when the intention to rnake a grant has been communicated to the recipient but there Is uncertainty about either the timing of the grant or the èmount of grant payable. support costs Support Costs include central function5 and have been allocated to actwity cost categories on 3 basis consistent with the use of resources, for exarnple, allocating property costs by floor areas, or per Capita. staff costs by the time Spent and other costs by their usage Taxation The charity Is considered to pass the tests Set out in Pèragraph I Schedule 6 of the Finan& Act 2010 and therefore it meets the definition of a charitable campany for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect ol incarne Dr tapital gèins received within categorles COVEred by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied e)r¢lusively to charitable purposes. rJnglble fixed assets Individual fixed assets costing £500.00 or rnore are initially Tecorded 3t cost, lÈss any Subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciation and amortlsatlon Depreciation is provided on t3ngible fixed assets so as to write off the cost or v31uation, less any estimated ridUal value, over their expected use*ul economic life a5 follows.. Asset da5S Land and buildings Fixture5, fittings and equipmEnt Computer equipment Motor vehicles Depreciation method and rate straight line at IO% per ye3r Straight line at 20% per year straight line at 20% per year straight line at 20% per year Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-terrn highly liquid investments that 3rÈ readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Page 13
Bold Vision Notes to the Financial Statements for the Year Ended 30 September 2025 Fund llructure Unrestricted income funds are generbl funds that are available for use at the trustees disuetion In furtherance of the objertives of the charitv. Restricted income fund5 are those donated for use in a particular ?re3 Qr for specific purposÈs, the use of which is restricted to that area or purpose. 3 Income from don3tion5 and legacies Total 2025 Total 2024 Oonètions and legacies.. Appeals and donations Grants, including capital grants.. London Catalyst National Lottery Telegraph Hill 7 stars Found 37,922 45,712 3,992 18,000 550 800 The Postcode 5oclety Actlon Against Hunger The Caring Farnilv Arnold Clark 14,200 4,167 6,400 833 2,500 2.3CM) Bauer Radio DEFRA 10.043 3,000 3,000 5,864 5,000 22,609 2.350 Feeding Britaln The HabErda5her5' Companv The Clothworkers FoundatlDn The Happiness Fund London Borough of Lewi5ham Groundwork- BUPA 31,169 Groundwork- Tesco Bags of Help The London Community Foundation I,o)o 7,098 20,515 137.928 111,096 Page 14
Bold Vision Notes to the Financlal Statement5 for the Year Ended 30 september 2025 4 Income frorn other trading adivities Total funds Total 2024 Trading income,. Printing & book sales 7.731 5,978 7,731 5,978 5 Investment income Total 2025 Total Z024 Interest reIV1e and similar income. Interest receivable on bank deposits Income from rents 706 9,952 40 5.565 10,658 5,605 6 Expenditure on ralslng funds al Costs of generating donations and legacies Total 2025 Total 2024 Donatlons 562 279 7 Expenditure on tharitable activities Total 2025 Total 2024 Note Grant funding of activities Direct projert costs Support costs 18,577 55,972 32,949 33,644 62,007 37,762 107,498 133.413 Pa8e 15
Bold Vision Notes to the Financial Statements for the Year Ended 30 September 2025 8 Analysis of support (osts Total 2025 Total 2024 Depreciation, Brnortisation and other similar costs IProfitlJloss on disP05al of tBngible fixed assÈts Prernise5 expenses Insurance 8,885 12,5001 7.134 7,933 2,292 3,182 5,690 IL,16 1,553 8,324 1,830 4,903 1,790 760 1,752 Repairs and maintenance Administrative expenses Computer 50ftwBre and maintenance Printingi PQStage and stationery Sundrie5 3.034 1.165 1,824 Independent examination 32,949 37,762 9 Taxation The charity is a registered ch3rity and is therefore exempt from taxation. 10 Net incornlngloutgoing resource5 Net incominglloutgoingl resource5 for the year include.. 2025 2024 Depreciation of fixed assets 13 8,885 5,690 11 Trustees remuneration and expenses During the year the charity made rhÉ followinB tr3nsactiOn5 Wlth trustees.. David Hollow3y OBE £22312024.. £Nill ol expenses were reimbursed to David Holloway OBE during the year, At the balance sheet date thÈ amount due to David Holloway OBE was El,00012024., £Nill. Davld Richards £11912024.. ENill ol expenses were reimbTJrsed to David Richards during the VEar. No trustees, nor any persons connected with them. have received any rEmuneration from the charity during the year. No trustees have received any other benefits frorn the charity during the year. Page 16
Bold Vision Note5 to the Financial Statements for the year Ended 30 September 2025 12 Relatod party transactlons During the year the charity made the following related partytr3n5actions'. Power in OUT Hands Power In Our Hand5 IPIQHI 15 an environmental Initiative man3ged by Bold Vision Trustee 03vid Ho11ow3y. Durlng the year. the fund retÈived a grant ol £2,500 from the Londan Borough of Lewi5ham for development of an onllnÈ database of enviranmental service5 and organisation5 In the borough. PIOH also ran a number of Climate Fresk workshops at New Cr055 Learning and incurred room hire costs as a result. At the year end, PIOH owed David Holloway £1,000 for monies advanced to support the development of the database. At the balance sheet date the amount due tolfrom Power in Our Nands was ENil12024- £NIll. $3 Tangible fimed a55et5 Leasehold improvements Fumiture and equipment Motor vehlcles Total Cost At l Ortober 2024 112,199 11,788 188,8821 56,636 6,445 124,6951 4,475 173,310 16,494 34,727 14,4751 1118,0521 Additions Disposals At 30 September 2025 35,105 38,386 16,494 89.985 Dèpreciatlon At l October 2024 Charge for the year Eliminated on disp05als 108.455 3,048 188,8821 49,821 2,538 124,6721 4,475 3,299 14,4751 162,751 8.885 1118,0291 At 30 September 2025 22,621 27,687 3,299 53,607 Net book value At 30 September 2025 12.484 10,699 13.195 36.378 At 30 September 2024 3,744 6,815 10,559 14 Debtors 2025 2024 Prepayments Other debtors 1.399 1,344 737 1743 737 Page 17
Bold Vision Notes to the Financial Statements forthe Year Ended 30 September 2025 15 Cash and cash equivalents 2025 2024 Cash on hand sh at bank 648 72 114,884 136.562 137,210 114,956 16 Creditors.. amounts falling due within one year 2025 2024 other treditors Accrua15 I,(KJO 2,574 1,752 3.574 1,752 17 Fund5 Balance at Balan at I odober 2024 Incoming resources Resources expended Septernber 2025 Transfer5 Current perlod Unrestricted lunds GenerL¢I General Funds 43.254 5,526 18,9171 112,3191 27,544 Restricted lunds New Cr055 Library Common Growth Syrian refugees Other activities 10,302 431 S9,771 1,850 123,8221 5,931 52,182 2,210 1.269 3,154 8S,247 1.151 1.492 3,888 64,433 700 12231 13691 6.710 341 22,455 65,205 1,510 122,8201 151.1011 11,4001 199,1431 Feed the Hill Open Gardens 81.246 150.791 12,219 145,213 Total funds 124.5C¥J 156,317 1108,0601 172.757 Page 18
Bold Vision Notes to the Flnanclal Statements for the Year Ended 30 September 2025 Balance at 30 September 2024 Balance at I October 2023 Incoming resources Resources expended Transfers Prewous period Unrestricted funds GenerLrl General Funds 39,693 34.203 133,8881 3,246 43,254 Restricted funds New Cross Library Common Growth Syrian refugees Other activities 26,469 431 11,621 127,7881 10,302 431 1,492 5,968 55,098 1,492 4,588 64,433 4.801 69.154 14,6811 157,3191 11,50QI I2,0] Feed the Hill Telegraph Hlll Welcomes Refugees Telegraph Hill Communitv Network 11271 127 6,489 2,900 19,5161 127 95,820 88,476 199.8041 13,2461 81,246 Totsl fvnds 135,513 122,679 1133.6921 124,5CKI The specific purposes for which the funds are to be 3pplied are as follows-. New Cross library- funds to continue the operation of community library selv15 on the New Cross Road. Common Growth-fund5 to continue the operation of a community garden on Sandbourne Road. Syrian refugees funds to enable work In building closer link5 between residents of Telegraph Hill and SYan refugees. Other activities small fvnds for various small community environmental projects including Green 14, Aspinall Road Community Gardens. and Power in our hand5. Feed the Hill funds to enable for the operation ol a social 5uperm8rket and food deliveries to housebound member5 of the north Lewisham community. Telegr3ph Hill Welcomes Refugees funding for 3 project aiming to house refugees In our community- Tele£rèph Hill Community Network- funding for A CommLJnity Connector contrart for the comTnunity network. Open G3rden5- Open Gardens takes place annually as part of the felegraph Hill Festiwal. Local residents open theirgarden5 to irisitors and sell plant5 and cakes to raise funds for local community causes. The transfer of funds reallocates a portion of some central cost5 to the restricted funds based on actiwty Page 19
Bold Vision Note5 to the Financial Staternents forthe Year Ended 30 September 2025 18 Analysis of net assets belween funds Unrestricted funds General Total tunds at 30 SÈptember 2025 Restrlcted lunds Current pÈriod Tangible fixed assets Current a55ets 36,378 109.835 11,0001 36,378 139,953 13,5741 30,118 12,5741 Total net assets 27,S44 145,213 172,757 Unrestrlcted funds General Total funds at 30 September 2024 Restricted funds Previous pertod Tangible fixed assets Current 355ets 22 10,537 70,709 10,559 115,693 11,7521 44,984 11,7521 Current liabilities Total net 35sets 43,254 81,246 124,500 Page 20