Company regi$tration number.. 07273425 ATkty r¢gistration Dvmbcr. 1140441 Clear Sky Children's Charity (A ComNY limited by gumn1) Annual Report and Finanrlal Statements for the Year Fnded 31 July 2025
Clear Sky Children's Charity Conten* This$, Repon Indcpenderti &¥amlrterfs R¢twJrt temeniofFinaty¢lal Activitie5 I tos 67 8t09 B#lanc¢ SheEt 10 Noics theFingn¢lal Staterncn¢s 11 th 17
Clear Sky Children's Chartty TTUStee5' R¢port Th¢ iruslee4 who are dir¢¢iors forth¢ purposes ofcompany law. pr¢3en¢the annulll report togeiherwith the financlal Stltrmts athd auditorf re[ of the ¢haritsbk ¢ompAny for Iht ycarended 31 July 2025. Objeethfes edvltltX ObJectssYidahNs CleAr Sky Children's tharity isestabliahed io support children kn th¢ South E&8tof Bns]artd who hvesoff¢rJ trauma l iheiryoung livek Wespecialise InprovidingPl4y &Cr¢aliveArtsThcr8py. oTheffeuive fi)rni ofsupportforchildlen. to help them re501ve issurs lh are causin# thern rJnotional distr¢ss and aTt being dlsplayed through emolltsnal or bEhvioural dirri¢ulues. Cl¢w Sky to DliimfLiely imprnvE the menlal health &nd cmolipDal wellbcing of children who are al rt5k of bcming mwginaliscd in society becawe of diffi¢ulr life circuMan¢¢S oul ofth¢ir control. We kc B OLTe¢.PA)nged 2pproath io our ivork iviih childr¢n ihat inGludu PIAY & CtrEtive Art¥ Th¢rgpy support for the individLbzI child, supwt for paren15 and suppjrt for ptyjfessi0L4 work¥n8 with children. Play and Cr¢&tlveArt8 Therapy {PCAT) We PTovlde our Pl&y & Cre1Ve Arts Thernpy service diTe¢i to sthools 8£ross Oxfordshire and Bcrk8hire 4 combinfilion of one Io OD¢ And grtUP saw10h mAking our supportactes5ible for th¢ children who heed it the ni¢)SL Children are Yeferrcd to for many 8£oh$- 11 may be thllt they are displaying challenELng b¢haviour, they are wiihdrawn in cla55. they 5¢fu88ie Lo mt and mwtttain friendship5 or that they suv8gling ¢0 re8ula¢¢ dIlTwl1 enjotronk ChildKn may be referr¢d u5 wh¢n Ihere is something diificult going on th home. such A8 pwenlal bereayemcrki family br¢akdown.domestic vlolencc orcomplcx home life. In Play & CalIVeArtsTh¢rpy. thildren can 'play our any diificultie5 ihcy may fa¢iThg to enable thtm lo ultimaty resolve any difficult f¢¢litw Alleviate emollonal Ind behaviou1 diffLcuhi¢& Parenl Weprovidc paJrnilngm8wlalsiYhith aim io (kvelop ¢onfId¢nceand re$115eoeE 8siv¢II as providingworkshopswh¢r¢ w¢shore ollr skills iwiih 8roupsof Pents io ¢oach Ihem in Setn& up ivcckly play limcwith their¢hildren to piunor¢ emolional wcllbeih8. During the year Wt d¢Jivered a rIeS of marials for parent<1$ to 5ub*rSb¢ lo. This serics wovidcs rtgulw. maicriabs¢ntto p¥ent1r iTrboxcs foT th¢m io 81 1M Profcssional Iraining Wt d¢liverfaceto ra¢e[NSETd CPD Ir8iThÈThg to profcssionfylsivho WDrk wilh Ihbldr¢n in s¢ho01 and otherscttings
rtd deliv¢rourtwo4lay tr3iniThg cotsrscs oih¢r ihernpeutic provid¢L* through ourspacc to Shin4 Par¢nUAduli Child
Altachnicnl Play, Htart to HEJrt and Baby Bonding UrSeS. W¢ work wilh delivcry partners kn share thi5 knowledge Miith practiliolws ivho art oude ofow region Kn order to mcct BfDwin8 dunand for pPort fmm Social Scrvi¢es
Nd other ststury bodi¢s 5ucb the NHS Dnd th¢ Teoching Unions. Thi$ work 15 4]so made availabl¢ otylin&
Furtberniore. we sUPPOrt family pracliiiontts aTound the globe through t online leArning Insiitule, Thc Inslitute for Play and Attrtchmenl )nd 8chools (hrough our Emotson&lly HlthY Schools pl¥tforni, both of whith provÈde CPD learThirt8 and prncliral skills lo devcjop confidente and tsndeystanding. Our onlin¢ platform5 SUPPOrt over 21KI membe Clear Sky ruuiin¢ly a55¢sses the outcomes ofits 8th1vit1esdreBuI1Y ¢valuales lis r5¢S Iralning BndprovldES pgr¢s rorsthJo fiJn&rs 8Dd supporlers on demArKI. Page I
Clear Sky Childien's Charity Trustees, Repon Objeerfvu, Jtrffezle5 andrtcrfvlile5 During th¢ year we delivered 1268 1.1 PCAT sessions acrnss 43 s¢hool4 prcd0mlnanY irt Oxfordshire. Wc continue see h¢gh deMd for PCAT initrvtnlitin and coniinue to provide l¢t5 ioAdopLion Servlces Tharne5 Valley 8ndATV Oxford as well as delrv¢ringsuppon Ihrough ouronEoing collaboi'a¢ion wilh Oxfordshire VErtual Schools. We delivered ourprofc5sioti#I CPD trwniTrg face tace in a numberof areas aeT05S the UK throueh r nettvottot" lrninins partners 10 412 profe&sionals iDcltyAinB ihcNalional EducAliOn Union at thc NHS. AIon85ide this we developed our digilBI programmc oifets fvrth¢rthrtsugh expNn5ioA of online Icarn>ng platforn. the Insii¢ute for Plty andAtta¢hmenL und in developingournew Emolion4lJy Ikalthy SGhools digiial platfom wthich has been rollcd oul io 40 Clr4r Sky sthoolL We 8Kain wovided over20 bouJ¥ (FfcpD l¢arnin8 to wr prdciitiorher m¢rnbcrship via oThlin¢ modules with highly 5p¢ed sector prof¢ssionals and delive¢d further face 10 face trJintn8 Lo 5UPPOrt our own teani of Ih¢rapists in 8dvAnccd AdopiioTr skills. We mEint&t• & central of 3.5 FTE. 01 r¢am arc wOlg and ddiver In enornious amountof support to ourend users. We ¢clebratcd Il>year innbV¢JSwies wilh mi¢ ofourpwlm¢r schools who in lum awarded with a Cl¢pr Sky ptsqu¢ Furth¢r 10-year anniverI¢S ivill b¢ mark¢d in W26. There wtle ¢hange5 to the Trusiee te•m" Prernna Parikh stepped down and Luc& Mammolili w8sappoioie Thc chtrity raised funds c105e to £150k th hclp support 115 aims and obicctsves. We 8regraleful to Ihe following {emonA ouicrs) who kindly madE donl0S orprovided finoncial support lohelp u5 fund ow work in 2024A5: Anwn Jur8eJ)5 Chaiitabl¢TTLLII Arts SocieryAbin8don BefO¢[cmuP enilcy Sniall GJ%Nts Programme Berkshire Nurses R¢lref in Srcknes5 Trusi Coop Local Community Doris Ficld Charilable Tr1 Dorche5terAbb¢y Tea Rooms Henley LivlnBAdvent C&lcndar IQ Oxford James Cowper Kreston Foundation Lamplilht Dat4base Sy51cms ljd bAlghael andAntto Wix charibk OCF The Dideol Powerhouse Fund OCF Slep Change Fund Page 2
Clear Sky Children's Charity Trus1 Report OCF Well Togeiher Fund PF ChgritablcTrnsi Phyllis Court Club &muel SIoTey Family Charilabl¢ThL8L sh]Y FoUndl Souter ChaTithblcTrus1 Swiian Ballard CharilabkTnui s¢thll Cliff¢Chartthl¢Trusl Th¢ ArnmcoT$t Th¢ BDrttctt Tlor Ch•ritabl¢ Tht Tlle BouiÉcll Bequest The Cooper Ch•ritablCTn[ ThE Employment Group The Evelyn May CharitableTrust ThE PetsulA Foyndalion The Pixcl Fund The VAndeTvell Foundaiion The Vinehill Trust ThriveTo8cther TK M3%x Foundalion Thk Tnts[ TVPolirc And Crimc Commission Wallingford 8nd Dithot Rotary CF FHftdtolslngdlsclosthr¢s Fundrai5in£ Practitt We are registed with the Fuhdrni$ing REgulator and hav¢ committed •wring thot oll our fibndrAi8in8 is I¢B81, open, hortex wd re3pc¢iful. We adhcr¢ fully lo thc Fundrnising Code ofpracttce. Privacy A r¢vssed Privw Policy is tn place atMI Jhvai14ble on 4Jur Webst The poli¢y h8s bccn ¢rtaied in linE iyiih GDPR quirem¢nts. Pagr 3
Clear Sky Children's Charity Trustees. Report fjDPR Ow W0¢4ion obllgaiions &nd polivics ID line ivlth th¢ GDPR rekulalions which c•m¢ Inlo ¢ff¢ct ID Moy 2018. SlalFhive rec¢ived apJwopri trainirt#. Financid revirw ReawTr3 Cor&Res¢rvc.' Clw Sky chdrges s¢hools ahd othet Users for its service& buLaisb5IdIStd rale4 ivhith mmns thal li r¢lics on Brants nd donalions cover shortfalls bcilveen rtvenuc and costs. The rcccipt of RraThls donlr is unprnlictsble iem)J of amounts timing and th¢ serve blloivs for this unprediabl1lty- VBlve ofRucrye'. The valtsc ol'th¢ reswve is bayed on the fJ8uTC bclow whKli the Chwity is unable to meei its ti#anGial oNig&tions stsff, freelaD¢¢ St2ff and exi¢rnal contrnctOT3. Withoui A Gleor pJNn and foreca5110 remety thc yitttaiion in the Short tenn. lh¢ Charfty could rtot Continue u a going coN¢£rn. Baxd oh this. the reservt for 2024125 ivas £28.000. The fi8utc for 2025126 is £30,(K. Whoi It be ll$cd Ytyr and kn: The reserve only be TrI wilh the agrttmeni of the Ch&rity Direcior and no le&8 ihan two tru*ee4 who mu 8gtt¢ on a plan to inertast inconic or decrea expendiNre in order to r¢in514te the rcxNe. R¢feTentt gndAdMlnlslratlvt Detalls ChaTily Regis1r10 Numkr.. C(NnpBr)y ReÈt5tsxiion Numbcr.. Regislered Office.. 1140441 07273425 The MDnor House Li1¢ Wiit¢nham Abingdon Oxlordshire OX14 4RA Xeinedin Souih Ftht Limited Unil 4 City Limtls Danehill Rtadlng erk5hire Inde¢#1 Expminer RG6 4UP Page 4
Cl¢8r Sky Childr¢n's Charity Truses' Report Trll•tees tifflws The trustecs and officer5 scrying Èknrir the y¢af ond since ihe year cnd wcre as follo. TFUS¢k' William Grnknm Coopcr Elizabrih Aone Burnell Willh)m Maurice Stew4rt Dixon Fdicity May Decker(re8igned 18Au8 20241 Pr¢rana Parikh {resi8ned 8 2025) PvlartyTh Cooper Lw&MwnmoliLi (appolthied 28 Octokr 2025) Chtiim)M.' Vfilliam Maurice Stcwort Dixon Str¥¢¢¥rei ¥¢Than¢t and #1¢m¢t Nolure ofgovernlnK d•euweKi The chwity is Contwlled by its govwniAg document, fj de¢d of ind nstItU$ 8 limited ccmpat)y. linnital by grate£. defir1 by thccornpjnies Ad 2006. Thc Charity gccks activety 10 appoint Tn]stees vrith slf1¢ ar¢8s of eX18t to enhan¢e IL8 currtnt effi¢lenGy and effectiiieness. Advenisemcnts or¢ pl8ced arbd gppltc4nts then have the OPPDnunity to me¢i and disGu4 ivi¢hour prejudice. th operation of Ihe ¢harity ond theirp055ible involvement in its WDrL If, following Ihis m¢¢¢ings the tswstcc candidde 1$ 3till intertsted in joininB the trust Hhd ihe tru5es belwe that h¢lshewill bring additional bcnefrt Éo the bi]sLth¢y will b¢ fonially invid to join thc bo¥d of trusts¢& Dlsclosure of Inform¥tloM to auditor Each truSe has takefi steps that thcy ou%ht to hwe as a tru$i¢e In ordEr make themsrlyes aware of ony Telgiisnt audi¢ infomiaiion Ind to estsblisli th¥L Élle charli8 guditor is aware orihil informa¢lOn. Th¢ trllffleesconfirm thul there is no r¢l¢vant infom)¥iM ihai ihey know of #nd of ivhich thcy know Ihe audi1 is unawar¢. The annv&l report appro by the tswskes of the ¢hArity on 14 ju&ry 2026 si8ncd ¢Jn its beh81(by". William Mauriee Siewart Dixo Chairman and tNstre Page 5
Clear Sky Children's Charity IndepettdeLt Examiher'8 Reporl to the trustee4 of Clear Sky Cbildr¢n'J Cbftrlty ('the Company,) I tepjrt to the charlty ¢ru$es on my eximination of the acujunts of th¢ Coojpany forth¢yurende4 31 July 2025. Respojhslbmltles and bsli of report As the ¢harity'$ trw5tees of the Company laNd also ILS dif¥& for the pury05es Of ¢ompany lawl you art responslble for thc preporalion nt'ihe actouhts in ¥cordancewllh the rtquircmtrtts of the ConipanitsAcl 2tM)6 ('Ihe 2006 Act'l H8ving sa115fted myself that thc accoynTS of lh¢ Company orc nol wired to be audited under Part 16 ofthe 2006Aci J eli8iblc for itbdependtnt eKamin#tion. I report in res of my examLtl&¢ion of your charity's acCouTh as rried out under s¢cLion 145 of ihe Chariiie5 Act 2011 I'ihe 2011 Act,). In ¢arrying out my ex4minaiion I have folk>wrd th< J)ireciions given by the Charity Commls5ion tsnderseulon 14515Xb) ofthe 2011 Act. Ind¢pendenl ezAmlner 5 Stat¢lll¢Dt Slhee le Company'sgross lttcome exceeded £250.000 your 8th1Cr mu# k a meniber of a body Iisied in Sttlion 145 of the 2011 Aci. I confiim that l am qtralifd io und•thkc Ihe exAminatlDn IKElluse l am B m¢mb¢r oficAEW, which i5 one gf the listed bodics. I h4ve completed my a¥aminaiion. I confinD Ih•t rn matters hllV¢ come 10 my Httenilo# In conn¢¢ilon wilh the examinilion 8ivSn8 me CAuse to kli¢ve.' l. a¢coLtniiThg rKords were noi kepl in r¢specE of Clear Sky Childr¢n's Chartty A3 rcquired by scciion 386 of t 2(X)6 Act. or 2. the aOnts do noi atrd ivith (hosc rOrdS. or 3. lh¢ aceounls do not ¢ompty wilh the accounting requirem¢nts ofsealon 396 of the 2006 Act oth¢r IhRn zny requircmeni Ihlli the accolS 8iVe a 'fr fair vycw which is not o mailer ¢onsid¢rd as psrt of an Indep¢nd¢nt examimiion. ot 4. the accounts hwc nol beeth preparcd in At¢ordance wilh the mahuds and principlcs of the Siatenienl of R¢¢ommendcd pr11¢£ torac£ouDiinRartd reporting by ciwilies lappli¢ablB to charities prepariTrg th2irA#oun in accord&ncewlih the Financial Reporlin8 Standard applicabl¢ in the UK 8nd Republle ofireland IFRS 102)]. The on phges 1110 18 forni on inttgral of these firTrancial Slatcmenis. Page 6
Clear Sky Children's Charity Notes to th¢ Financial Ststements for the Year End 31 July 2025 Jlldependent Examinerls Report to the truslee4 of Clear Sky Chlldren's Charlty {'tbe Compamy,) I v¢ Ao conc£rns hovc com¢ across no oiher matters in ubnneclion with the examination 10 whrch alnOn should bc drnwb) in th rtporL in ordcr to¢nablt apropcruhdtrslanding of th¢ &ccounts E¢ leach Keith We#ran ICAEW Unit4 City Limits D8nehill Reading Berkshi RG6 4UP Pagc 7
Ckar Sky Childr'S ChATity StRtement of FlnAncthl Actlvllies for the Year Ended 31 July 2025 (Includlnz Income And Expettditur¢A¢coulll Staiement of Total Recognis¢d Gaius and L053es) UntriCted funds Re51ricit fiind8 Total 2025 Intomt 4tsd EDdowments frnm.. Donaiion5 ond le8acies Charitable aciiviiies Note 118.702 28326 147,028 240,278 240.278 lThvcstmcn¢ income 3.879 3,879 Tolal income 361859 28,326 391.185 EJp¢ndlture Raising funds (201 (20) Charitable acilvliies 13132751 Iisixs} 1315.77S) Total cxpendi¢UTe 1313,295) (31S,795) Nel sncDmr 49.564 25,826 75,390 movement ih funds 49,S64 25,826 75,390 RetoD¢lJl*tlon Of funds To1 funds bMughL fonvard 35.937 21196 51.133 Total funds eatried forward 14 85,501 48,022 33.523 The rt5 on ge5 11 to 18 form an inte8ro1 pari of fIn¢¥al Slkn¢nls. Pagc 8
Clear Sky Children's Charity Notes to the Financial Statem¢nis for the Year Ended 31 July 2025 StatetDent of FiD8ttelal Actlvltie8 for the Yexr Ellded 31 July 2025 (Ineluding IDcome And Expelldilure Account and Stalement of Tot*l RegniSed Gains a•d )sseJ) Totsl K¢s¢Ticied fiv)(L funds fjen¢r81 Note 2024 £ Ind EDdoMwemts from: Dottèlions and legAcicJ 61.716 37.986 99,702 Ch8rEtabl¢o¢tlvities 217,489 217,489 lrtvestmeni In¢rnie 452 452 TotAt Income Exptadlture OD: Rllisingfvrtds 279.657 37.986 317.643 {230) 1230} Chttr¥thbleAc(ivities (258J371 (23.460) (281,797) Tothl ExJxndiiYf¢ {25&S67) {23.460) (2&027) Net income 21,D90 14.526 33,616 Net moverneni in fuods 21.090 14,526 35,616 Retonrlll•llDO of futth Tothl funds brought fonvard 14.847 7.670 22.517 Tothl funds£ied forward 14 35.937 21196 58,133 All of th¢ ¢h8Tity'8 tIVi11¢S dtrive from continuinB owationg duringthe Above two periods. Thc funds breakdoM'Th fw2024 is showrt in not¢ 14. Page 9
Cl¢ar Sky Childr¢n's Ch8rity IRegl8tralion number: 07273425) Balanee Sheet a8 #t 31 July 21125 Note 2025 2024 £ Flxed assets T4n8ibte ¥55ers 206 275 Cyrwtnt •tselB Stocks Debtors Ca511 ai bTrk and in hjnd 10 5.116 3.289 135.057 5,453 259 ,721 12 143,668 66,433 Cttdllom: A¥DoMnts faiJlnB dllE wAthl OD¢ year Net turnnt 4ssets 13 {10,145) 133J23 (4575) Net assets 133,523 58,133 Fundi of th¢ ehrlty.' Restrlet¢d Imtonit Rcthcted fvnds 48.022 211% Unye$tJ4citd INcom¢ funds UnTesiri¢icd fund5 85,501 3S.937 Totttl Funds 14 lJ3.$23 58,133 FOT the fJnanti*l yeJT endinE 31 July 2025 lh¢ th8rity eniided lo ¢xemption Irohi audii underse10 477 ot'thc ComFAnit5 Act 2006 Jrlatyn8 10 small companie5. Dire¢tor< Itsponsibilities.. Thc membeij h8vc nol requrred th¢charily lo obtsin an auditol-ils accounts fortheyear in que#ion in aCCOTthc¢ wtth seaion 47. and Ile llO¢Esrth pa8ts 1 I to 18 form an inltwl part ofthese fiThancial AAicmenLS. Pa8e 10
Clear Sky Children's Charity Notes to the Financial Statements for the Year Ended 31 July 2025 The dirtciors #cknivlcdgc ilir responsibilities for complying with the Yequircments of th¢Ad with Jr5F¢CL to accoknniingT¢cord8 ond the pr¢par100 of llc¢ouD The financial sla(cm¢rtts on pages 8 to 17 approved by ihe tswsiee5. authoTis¢d for Isw¢ on J4 January 2026 and sig on Ihe5r b¢half by: Willioin Mauiicc Slewart DSXO Chairman aod tru$¢ Pagell
Clear Sky childn'S Charity I Cbirlty status The chaiity is limited by 8uafdhiec. incorFmlcd itt England & Wales, and (¥JDsequenily dw noi have shlre c4plial. ch ofthe tru51ee5 15 liablc to coniribuie an amount t)01 ¢x¢eeding £Nil lowuth the 13 of lh¢ ¢harity in the event of jiquidlltic. Th¢ addre$5 of 11$ re8lSltred office is.. The Manor HOSe Liiilc Wiitenknm Abingdo Oxford5hlre OX14 4RA These fioneTral statem¢nt5 ivere outhtiri5ed for issue by the trustees on 14 Jwjuary 2Lr26. 2 Aethinily pollelts Summayy of slKnlnc&nt ttou#tinB policlts At¢ouRtlng £Siim#tsJ principal accounting policies apwied in Iht wepayaiion of thrse finomcy81 $latcmethis arc set oui klow. Thesc PCtlicte3 hDve b¢¢n consrstenily applied 10 811 thr yewJ Pl(¢d, wiless olherwise 8¢ad. Statement of¢ompllBMe Th¢ financial 51•1¢menis have bECrn wepared irt •cewdac iyiih AccounlingaThd kepoiting by Chariti¢s.' Senl0f Recommended Pra¢tice14pplicable lo thbrilies prep81.ing theii. )r¢oUts In accordarKe wilh the Finsn¢i41 Rerrf)rtin8 stond9 applicable in tlie UK xnd Republic ofireland {FRS 102)) Iis8ued in Oclober2019)- (Ch8fiiic5 SDRP (FRS 102)), the FinvlI1 RepNIiii8 Siatmlafd applicable in th¢ UK and Republic of Ireland {FRS 102) and Ihc Compani Ad 2006. B5$ ofprepwrAtlon Clr Sky Children's Ch&rily mceis the definiiltsn of a public ttr]i eThiity undcr FRS 102. Assets liabililies are iniiilly recogniscd histori1 or transaciion value wiless oiheiiviyc slat2d in the relewi actoun¢in8 p)licy Colbg con¢ern The tsuseS considrr Ihat are no mrral utlcenainlics about the Gknriiy's ability lo coNtinue as8goin¥ rnnc¢m Jorany 518nificant Areas of ur¢211Y that Ihc cwrying value of assets h¢ld by the chaiity. l#tonie ihd endowTheDI$ All incothie is reCOlSed io the si¢MCnL of Trinaneiil Aaivities on¢c Ihe Charity ha$ ¢niidcmenl 10 Iht fund$. it 15 pmbable Ihai the In¢ome will b¢ 1Ved amd Ihc amoun[ b¢ measurcd relijbly. The nDkS on paa¢s I I to 18 fonn an integral partofthese finan¢lal *eiemeni& Pw12
Clear Sky Childr¢n's Charity Notes to the Financial Statements for the Year Ended 31 July 2025 Donations Amd kE#ti¢s DonaiiotKs are Yectsgnl when th¢charity ha5 bccn nolifted In wriilng ofboth the amoun¢and seiil¢ment date. In the tvent IhAt 8 donation is subje¢¢ to cDnditioDs t11 requir¢ a level o( r£rfomiance by th¢ charity beforc thc chaTiV is enliilryl w the funds, thE income is d¢feffed and not r¢co¥ni5Ed untbl either those rpndilions are fully or th fuifilrnenl oflliose condi¢ion$ 1$ wholly wiihiD ihe control of the charity and it is pMbAbl¢ that the$¢ conditi15 7I'ill fuifillcd in the rep)rling pwiod. Ivest¢t Income Dividends art recognised oK¢ihe divldend h#$ been d1)red Bnd notsfKatlon b•s bettt rc¢etvd of th¢ dlvidcrtd du ExpeMdltllT¢ Liabiliiies ore r¢¢ogDid As ¢xp¢ndilurc a$ soon Is Ihere is r4 k%01 or ¢onsirLt7vc obligation committing th¢ ¢hadty to thaiexpendilurc. Li is probable thal è tt?n5fcr of economic bcn¢fbts will bc r¢quired ITh seltlem¢D( and ihcamont0f thc obligatiorb can bc measuKd rtli8bly. Expendilur¢ is accounted for on 8n accm15 basis and has bctn ¢lassifiEd tr headings th&¢ awEKa¢e all tost related to Iht category. Whcre ¢ost5 caniiot bc dire£lly attributed io particujgr headings th¢y have btCTh Allo¢aied to a¢tivitie3 on 4 ba515 ¢011S15tent with the us¢ of resoyrcej. R4tslni funds Th¢se4K casts incuntd in atlracling VolnIry InMe. Ihe managem¢ntof IDVÈ8£1$ And those incuFred in tradlThB a¢i>viiies ihai rnise fund& Cb•Tltblt actlvltles Charithble expendimre compri5ts those ¢osis iThcurred by thc rharily in the dclfvw ofits a¢thvitics and s¢rvic¢5 for its bencficiatie5. Ji lttc5ud&s both costs ihat can b¢ allocalcd direlY to sucli #aivitits 8nd those t05ts of an indir1 niiure ne¢¢sury to supportih¢m. Yxatlon The charity is considertd to phss the ie9ts w out in Para8rW I Sckdule 6 of ihe Fth)c¢Aci 2010 and therefore li meets ihe definilion of a djariiablc ¢omp3ny for UK corwrntion tsx PUTPQS2S. Accordingly, Ihe charity LS Pt¢n¢ialty exempi frnm iax8tion io r¢5rttl of ineomc or ¢apil&l gains Ttcciv¢d ivithin catcgoTiescovtrtd by Ch8pler 3 Part 1 l OF the CorporniioTh Tax Att 2010 or.8cction 256 of th¢ Ttion of Ch8f8csblc CJ8insAd 1992. to th¢ exieni that such IDme orgains art 8pplÈtyJ ¢x6lusively chwStsblc puryosts. T•igibl¢ fjxed •5$¢1s Individu fixed assetswstin8 £250.QOor nioir w¢inhlially 1¢Wrd atcosi. Pa8¢13
Clear Sky Childr¢n's Charity Notes to the Financial Statements for the Year Ended 31 July 2025 Dtpreckntlon •mortls•llo Dcprcci&iiott is providcd on ngIble fLxed assets so wrile off the ¢ost or valuaiion. less any eSurnad r¢sidJJ V8lu< over their Lxpecled use& tr70m1¢ life 01 follows.. A¥set tlx¥s Compur equiprnent l)eprtrlalloh wethod And rnte Stock 25% on reducing bHlance Sw¢k is v•lu¢d 41 Ihe lower of COA eMImed selling price I¢ss cos$ compkte and Sell, after due regard for obsol¢¢e and slow mov¥n8 St(%k& Cos¢ is dei¢rniined USinB the firM-in, fjrst4)w {FIFOI. Tr4de dtbi•rx Tde debiors are am0 the frnni foT m¢rch¥ndise sold or Str[ce$ perfOrnI in the ordinary course of bu$in¢5& Tradt dcbiorsare recognis¢d iniliilly bt ih¢tr8ns&ction prlce. They are8ubsequcTrily mcasurtd al amortised COSL using the effective 1#tCE method. Itsy pvov%sior5 for imp&imiMI. A prgVi55on for the impaimient of irnde debioTS is est8bllshed when trre is objccttv¢ cviderte that the thArity will not br able lo colle¢t all amounts due accordinE to the origi1 kmis orth¢ rcceiv8bks. Csh xnd equfvfilth Cash gnd c8sh tquivaltnts ¢rTrmprise £45h ott hEnd aod call dcposiL8, and othw sh¢Jrt-lem hiRhly Itquid ivMen ¢hwl ar¢ rea4tly convertible 10 a kTho1 Smounl ofcasli •nd are subject lo an jn5i8nifin( risk. of chartgc in valuc. Tradt ¢ftdlt•rs Trnde credi(or5 are d)ligaiion$ w pay forRood5 ofscrvices tha¢ have b¢¢n acqyired in thc ordinary COU of business frtV¥15upplieTS. Accounts payable aTe¢l4s5in¢d as current liabilities if Ilie ¢hariiy does not hive8thunrA)ndilional righi. at the cnd ofthc reptyrting per¢od. to dcfer selilemEnLofih¢credilor for¥1 le&81 rIve monihs after the reporting date. Jf there is ur)condi¢ional righi defer seitlemeni for al lea51 hwelve monili$ afttr le reportin8 they llre PTesertted ey non-curreni liabilities. Tre rxditor8 ttCQ8nis¢d inillalty ai the transaction price at)d subsequemly mwurtd atarnonised eos( uslng lh¢ cffeciivc inre51 method. F•refKD ¢XthAhlg¢ Tran5aciions in Forei ¢unYnEie3 recotded at IhB iaie of cxchahge thedak of the trknsa¢¢ion. Monetary 81 and liabililits denominated I foreign cutyen¢ie5 at Ihc balan¢t sheei dth ore K)ric at ihe rates ol. ex¢h8nge kwevailing 01 Ihat ¢. Th¢ results ofoveixas opcrauon5 are translated al Ihc av¢rugc rates Dfex¢hangedurinE thc pcriod and their balance shects at Ihc raks ruling al the balancc she¢1 dale. Exchande diff¢rcThces4ri5inBon translation olthe4yning n¢¢asseis ar1 of ov¢r5eii orKraiioD5 ar¢ rep)rted in olher CDmpJrhettslYe icome and accumulated sn equity lallribuled its n1r011In8 inre5tS 85 appropriatel P4g¢ 14
Clear Sky Childr¢n's Charity Notes to the Financial Stat¢m¢nts for thc Year Ended 31 July 2025 Other cxchahge diffcrth¢¢s arc rtco%nised ID thc Siatemeni of FI1cIal Ac4ivltie9 In tht period in which they •rix for.. l)exchaD8e dIffeCeS on mwliorbs¢nred into io htdgccemain forei8Tr currency risks (see a¥¢),. 2)exchang¢ differe# arising on gains DL. losses on nonvmonewry &temJ which •rc recognised in other comprehensive incomc- 3) in th¢ c&%e of th¢ consolidated fiLwKial 510femcnlJ. ex¢henge differtnces on rnOr1¢t Itcms CtivebIt from or payabk to a for¢igD operation forwhich a¢ttlemtrtt Is ncith¢r plaaTrcd Dor likely kn oc£ur (ther¢fore forniing partof lh¢ n¢1 inVC5tm¢nl in foreign op¢ralion), Ivhich rewgDi5ed in oihcr ¢omprehrnsive in¢¢)mc a1 rcportcd undtr equity. F¥nd s¢rutlure Unrcslrj¢ fwthcaii bc ustd in accordance IhechpTilable objcctivts at the discrctionof the tsusiee& R¢siric fimds can only be Sed for particularres¢riGd pu0523 wiihin the objects of th¢ tharity. Unr¢sc[cd incomc fvrtds gen¢r41 funts th¥ are available foT US¢ at the IStE¢S disrxetion lth furth¢rpnce of ih¢ objeclivesof the charity. RewictioD$ 8rise ivhen spined by the donoror when funds rald for pmlcuLqrrtsirl¢kd pu$2& Further p1aallOn of th¢ naiure and PUT¥K)se of tbnd 1$ inGlud¢d in th¢ notes to the fm8n¢ial gtaterrtcnis. Resiric(ed InMe fund$ are those donad for in 8 particiilar wea or for spectfi¢ pwp(bs¢s, the us¢ of which is rcstri¢ted to arrnor purpose. P¢nslons gnd ot]her post retlrtmtnt obllg•tloDs The th&ritsbl¢ conipany opernies o defined ¢ontribuiion PEn5ion schcmd ContrIblanS paygble the ch•ritable ¢ompany's pcn5ion s¢hEme ayt ihe Si8iement of Financi&lAUiViiiES in the perlod 10 ivhith Ihcy r¢iale. UMrtstrlcl¢d ds Gth¢trAI £ Tots1201S£ Totsl 2024 £ Int¢r¢sl CtIVAble and similar incom¥, Inlercsi r¢ceiv&ble OD FAnk depos4ts 3,879 3,879 452 Page 15
Clear Sky Children's Charity Notes to the Financial Statements for th¢ Year Ended 31 July 2025 4 ltt¢omln2loutgolog resourres Nel incomin8 re5tyJrces for the ye&r includc: 2025£ 2024 tpreciaiion Df fjxed Itt5 69 92 5 Ihsi¢rs remullersilon and ¢xptD$eJ No irusiees, tsor any pcrson5 connected wffth theni, hav¢ r¢ceived any remunerailon from lh¢ Charity during the yeDr. No Irugiccs havc received any reimbursed txpcD&s or any other bEnefits fTom the charity during the y¢ar. 6 Stsff £t The monihly *vern8¢ Umber of P2rnJDS (including kntor mAnagem¢ni I lethhip ernployed by the ththrity during the yearexpttsscd &% full equiv<n18 w•s as follow$: 2025 2024 Play thewists M8n•8emenl Adminisirthtion No c4nplny¢c Teceived emolumentsofmor¢ than £60.1)00 during the year. 7 Indtp¢n&knt txAmln¢r's r¢TruAtr¥tlo 21125 Othtrf¢tJ to txnmlD¢rs Ex¥minaiionq¢laied a55urnnct servlcts 2,8( 2.7QO PaRe 16
Clear Sky Children's Charity Notes to the Fin3ncial Stst¢rncnts for the Year Ended 31 July 2025 8 Taxatlon Thecharity is a Te£i5taed chdriry and is therefor¢ exenipi from iaxatiork 9 Tanglble ny¢d Assets FuTnltlltt *nd eqvtpmeDt £ TotAI £ Costs At l Augu4 2024 At31 July 2025 Deprecixtlo Al l August2024 Charge for theycar At 31 July 2025 3.563 3,563 3,563 3.563 3,281 3.288 69 3.357 3J57 Net book valu¢ Ai 31 July 2025 2(k5 206 At31 Juty 2024 10. Stock 275 1025 £ 21124£ SwBks &453 11. D¢btorJ 2025 £ 2024 E Trade d¢btors 3,289 259 12 Cash esih ¢quivilthts 202S £ 2024£ CB8h I35.OS7 60.ni PAg¢ 17
Clear Sky Children's Charity Notes to the Financial Statem¢nts for th¢ Year Ended 31 July 2025 13 eJYdltor5: 81101tDts fglllng wlthjtt oll¢ yt4r 2024 1025 Trndc t¥edl¢ors Ac¢ruls 1,683 ¥,462 1913 5,662 10.145 8.575 14 Funds BalaKe at i irKom5hg Augug12024 rcsOutS Resourc¢s expended BalarKe 31 luly 202S Unrcjlricted fund5 GtneTal 35.937 361859 (313.295) 85.501 Restrictsd funds 21196 28,326 Iisco) 48.022 Total fLLnds 58,133 391.185 {315,795) 133,S23 BalttnceaL I In¢omin8 August 2023 r¢soDr£es Rcsour¢es expmded Ba14nce at 3 July 2024 UnTe51rfcied fvnds Gencyol 14.847 279.657 1258J67) 1214601 3S.937 ReMri¢ied fyt 7.670 37,986 22.196 Tot41 fund5 22,517 1282,027) 15 Reknted PArty trfi115a¢lloi Theff were no reled pty irans8ClioThs in thE y¢ar. P¢1&