Elevating Success UK
Charity No. 1141070
Company No. 06435795
Trustees, Report and Unaudlted Accounts
YI March 2025

Elevating Success UK
Contents
Pages
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activities
Summary Income and Expenditure Account
Balance Sheet
Statement of Cash Ilows
Notes to the Accounts
Detèiled Statement of Financial Attivities
15to16
Page I

Elevatlng Success UK
Trustees Annual Report
ELEVATING SUCCESS UK
The trustees, who are also director5 of the charity for the purposes of the Cormpanies Act 2006,
present their report with the unaudited flnanclal statements of the charity for the year ended 31
March 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 06435795
Charlty No. 1141070
Registered Office
HONOR OAK OLD DEPOT
ST. NORBERT ROAD
BROCKLEY
SE4 2EY
Diyectors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law.
The following Directors and Trustees served during the year..
Andrea Bevenev
Ann-marie Nicho115
Devon Hobbs
john Opara
Vanessa Clarke
Key Management Personnel
Chair
Andrea Bevenev
Accountants
Borasana Limited
55 Jasmine Grove
London
SE20 8JY
Bankers
Barclay5 Bank PLC
l North End
Croydon
CR9 IRN
OBJECTIVES AND ACTIVITIES
Our charity's purpose as set out in the Objects contained in the company's Memorandum of Association are
to.. provide a professional. carlng, creative and mutU311y respectful trainlng service,. offer a professional and
dependable service at all time5,. promote and disseminate good practice.. and provide a551Stance and
partnership s(Jpport to regenerate priority areas and develop sustainable communities.
Our ViSiDn is to inspire, motivate and erftpower people to achieve their full potential, with a particular focus
upon supporting those from disadvantaged communities
Page 2

Elevating Success UK
Trustees Annual Report
FINANCIAL REVIEW
Elevating Success, flnancial aim is to have a coverage of eighteen months of the operating running cost in
reserve. We are working toward that aim.
STRUCTURE, GOVERNANCE AND MANAGEMENT
ElevatinE Success has 3 Management Committee of five members whose varied professional backgrounds
complement the work of the charitv.
The day-to-day running of Elevating Success rests with the Operations Co-ordinator. He is responsible for
ensuring that the charity delivers the services Specified, that the operational aspects of the charity are met
and that staff and Voluntee￿ are supervised ag they c3rry out their functions within the team.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the finan¢ial position of the charity and to enable them to ensure that the financial statements
comply with the Companies Act 2006. The Trustees are a150 responsible for safeguarding the a55ets of the
charity and hence taking rea50n8ble steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with thè provisions applicable to companies subject to
the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the
Charities SORP IFRS 1021.
Slgned on behalf of the bo
Andrea
Trustee
31 March 2025
eveney
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Elevating Success UK
Independent Examiners Report
Independent Examinei's Report to the trusteès of Elevatlng Success UK
I report to the charity tru5tee5 on my examination of the linancial statements of Elev3tinE Success UK for the
year ended 31 Malch 2025.
Responsibilities and basis of report
As the charity's trustees of the company land also it5 directors for the purposes of compèny lawl you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies Act 20061'the 2006 Act.
Having sati5fled myself that the financial statements of the Charity are not required to be audited under Part
16 of thè 2006 Act and are eligible for independent examination, I report in respect of my examination of
your charity's financial statements as carried out under section 145 of the Charities Act 20111'the 2011 Act'l.
In carrying oul my examination I have followed the Directions given by the Charity Commission under section
145151 Ibl of the 2011 Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in
connectlon with the examination giving me cause to believe..
accounting records were not kept in accordance with section 386 of the 2006 Act ', or
the financial st8tements do not accord with those records., or
the financial statements do not comply with the accounting requirements under section 396 of the 2006
Act other than any requirement that the financial statements give a 'true and fair, view which is not a
matter considered as part of an independent examination., or
the financial statemènts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reportin8 by charities applicable to charities
preparing their accounts in accordance with the Financial Reporting Stand3rd applicable in the UK and
Republic of Ireland IFRS 1021.
I have no concerns and have come a¢r05s no othèr matterg in tonnection with the examination to which
attention should be drawn in this report in order to enable a proper understandinE of the financial
statements to be reached.
Orvil Plummer FCCA
Borasana Limited
55 jasmine Grove
London
SE20 8JY
31 March 2025
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Elevatlng Success UK
Statement of FÈnancial Actlvities
for the year ended 31 March 2025
Unrestrlcted
fut)ds Total funds Total fund5
2025
2025
2024
Notes
Income and endowment5
from:
Donations and legaties
Charitable activities
other trading activities
61,942
46,458
46.458
Total
46,459
46,459
61,943
Expendlture on:
Ch8ritable activities
Other
6,916
58,667
6,916
58,667
27,146
30.981
Total
65,583
65,583
58,127
Net Eains on investments
Net lexpenditurellincome
Transfers between funds
119,1241
119,1241
3,816
Net lexpenditureljincome
before other galns/llossesl
119,1241
119,1241
3,816
Other galns and losses
Net movement In funds
119,1241
119,1241
3,816
Reconciliation of funds:
Total funds brought forward
17,302
17,302
13,487
Total funds carried forward
11,8221
11,8221
17,303
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Elevatlng Success UK
Summary Income and Expendlture Account
for the year ended 31 March 2025
202S
2024
Income
46.459
61,943
Gross income for the year
46,459
61,943
Expenditure
65,583
58,127
Total expendlture for the year
Net lexpenditurellincome before tax
for the year
65,583
S8,127
119,1241
3,816
Net lexpendlture Ilincome for the year
119,1241
3,816
Pagè 6

Elevating Succes5 UK
Balance Sheet
at 31 March 2025
Company No.
06435795
Notes
2025
2024
Fixed assets
Tangible assets
Current assets
io
Cash atbankand in hand
19,0611
19,0611
7,239
18,399
18,399
11,0961
17,303
Creditors: Amount falling due within one year
Net current {113hllltlesl/assets
Total assets less current liabilitles
li
11,8221
11,8221
11,8221
17,303
Net Iliabllltlesl/assets ex¢ludlng penslon asset oy Ilabllitv
17,303
Total net Illabllltlesllassets
11,8221
17,303
The lunds of the charfty
Restricted funds
Unrestricted funds
General funds
12
12
11,8221
11,8221
17,303
17,303
Reserves
12
Total funds
11,8221
17,303
These accounts have been prepared in 3ccord2nce with the special provision5 of Parl 15 of the Companles
Act 2006 relating tD small companies.
For the year ended 31 March 2025 the company was entitled to exemption under section 477 of the
Companies Act 2D06 relating to small companies.
The members have not required the company to obtain 2n audit in accordance with section 476 of the
Companies Act 2006.
The directors acknowledge their responsibilities for complying with the roquirèments of the Companies Act
2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 31 March 2025
And signed on its behalf bv..
Andrea Beveney
Trustee
31 March 2025
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Elevatlng Success UK
Statement of Cash flows
foy the year ended 31 March 2025
2025
2024
Cash flows from apeyatlng actlvltles
Net lexpenditurellincome per Statement of Financlal Activltles
119,1241
3,816
Adjustments for:
IDecrea5el/lrscrease in trade and other payables
18,3351
608
Net Cash lused inllprovided by operating activities
127,4591
4,424
Net cash from investing attivitles
Net cash from flnanclng activities
Net Idecreaselllncrease in cash and cash equlvalents
127,4591
4,424
Cash and cash equivalents at the beglnning of the year
18,399
14,308
Cash and cash equivalents at the end of the year
19,0601
18,732
Components of cash and cash equivalents
Cash and bank balances
19,0611
18,399
19,0611
18,399
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Elevating Success UK
Notes to the Accounts
for the year ended 31 Maych 2025
l Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities..
statcment of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ircland IFRS 1021 (effective I
January 20151 (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 and the Companies Act 2006.
Change in basis of accountlng or to prevlous accounts
There has been no change to the a¢¢ountinE policies (valuation rules and method of accountingl since
last year and no changes have been made to accounts for previous years.
Fund accountlng
Unrestrlcted funds These are available for use at the discretion of the trustees in furtherance of the
general objects of the charity.
These are unrestricted funds earmarked by the trustees for particular purposes.
These are unrestricted funds which include a revaluation reserve representing the
restatement of investment assets at their market value5.
These are available for Lsse subject to restrictions imposed by the donor or through
terms of an appeal.
Designated funds
Revaluation funds
Restricted funds
Income
Recognition of
income
Income 15 included in the Statement of Financial Activities ISOFAI when the charity
becomes entitled to, and virtually certain to receive, the income and the amount of
the income can be measured with sufficient reliaP>ility.
Income with related Where income has related expenditure the income and related expenditure is
expenditure
reported gross in the SOFA.
Donations and
legacies
Voluntary incomo received by way of Erant5, donations 8nd gifts is inclL*ded in the
the SOFA when receivable and only when the Charity has unconditional
entitlement to the income.
Tax reclaims on
Income from tax reclalms is included in the SOFA at the same time as the
donations and gifts giftldonation to which it relates.
Donated services
These are only inclLJded in income Iwith an equivalent amount in expenditure)
where the benefit to the Charity 15 rea50ll8bly quantifiable, measurable and
material.
Volunteer help
The value of any volunteer help received is not included in the accounts.
Investment income This is included in the accounts when receivable.
Gainslllossesl on
This Includes any gain or loss resulting from revaluing investments to m3rket value
revaluation of fixed at the end of the year.
assets
and facilities
Gainslllossesl on
investment assets
This includes any gain or1055 on the sale of investments.
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Elevatlng Success UK
Notes to the Accounts
Expenditure
Recognltion of
expenditure
Expenditure is re¢ognised on an accruals basis. Expenditure includes any VAT which
cannot be fully recovered, and is reported as part of the expenditure to which it
relates.
Expenditure on
These cc>mprise the costs associated with attracting voluntaly income, fundraising
raising funds
trading costs and investment management costs.
Expenditure on
These comprise the Costs incurred by the Charity in the dÈlivery of its activities and
charitable activities services In the furtherènce of its objects, including the maklng of grnnts and
governance costs.
All grant expènditurè is 3ccounted for on an actual paid basis plLJ% an attrual for
grants that have been approved by the tru5tee5 at the end of the year but not yet
paid.
These include those tosts assoclated with meeting the constitutional and statutorv
requirements of the Charity, including any auditlindependent examination fees,
costs linked to the strategic management of the Charlty, together with a share of
other administration costs.
Other expenditure These are support C05t5 not allocated to a particular activitv.
Grants payable
Governance costs
Taxation
The charity 15 exempt from corporation tax its tharitable activities.
Freehold investment property
Investment properties are measured initially at cost and subsequently at fair value at each balance Sheet
date and are not depreciated. All gains or IDS5es are taken to the Statement of Financial Activities as they
arise.
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair
value which 15 the amount the charity would have been willing to pay for the items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after èny trade dlstount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equlvalents
Cash and cash Équivalents comprise cash at bank and on hand, demand deposits with hanks and other
short-term highly liquid investments with original maturities cf three months or le55 and bank overdrafts.
In the statement of financial position, bank overdrafts are shown withit) borrowings or current liabilities.
In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are
repayable on demand and form an integral part of the company's cash manaEement.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditor5 and provisions are recognised
where the charity has a present obligation resulting from a past evènt that will probably result in the
transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated reliably. Creditor5 and provisions are normally recoEnised at their settlement amount after
allowing for any trade discounts due.
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Elevating Success UK
Note5 to the Accounts
Rèsearch and development
Expenditure on research and development 15 written off in the year in which it 15 Incurred.
Forelgn currencies
Monetary assets and liabilities denominatèd in currencies other than the functlOll81 currency of the
charity are translated at the rates of exehanEe prevailing at the end of the reporting period.
Transactions in currencies other than the functional ¢urrency of the charity are recorded at the rate of
exchange on the date that the transartion occurred.
All exchange differenc@S are are taken into account in arriving at net incDmelexpenditure.
Leasèd assets
Where the charity enters into a lease which entails taking substantially all the rlsks and reward5 of
ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to tharity are classified
as operating leases.
Assets held under finance leases are initially recognised a5 a55ets of the charity at their fair value at the
Inception of the lease or, if lower, at the present value of the minimum lease payments. The
orresponding liability to the lessor is included in the balance sheet date as a finance leasè obligation.
Lease payments are apportioned between finance expenses and reduction of the lease obllgatiot) so as to
achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are
recognised immediately. unless they are directly attributable to qualifying assets, in which case they are
capltali5èd in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term.
In the event that lease incentives are received to enter into operating leases, such incentive5 are
recognised as a liability. The aggregate benefit of incentives 15 recognised as a reduction of rental
expense on a straight-line basis.
Pension costs
The charity operate5 a defined contrlbution plan for its employees. A defined Contribution plan is a
pension plan under which the company pays fixed contributions into a separate entity- Once the
contributions have been paid the company has no further payments obligations. The contributions are
recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet.
The assets of the plan 3re held separately from the company in independently administered funds.
Recelpt of donated goods, facilities and services
All donated goods, facilities and services received Bre recogni5ed within incoming resources and
expenditure at an estimate of the value to the charity.
2 Company status
The company is è prlvate company limited by guarantee and consequently does not have share capital.
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Elevatlng Success UK
Notes to the Accounts
3 Statement of Financlal Artlvitles- prlor year
Unrestricted
Restricted
funds
funds Total funds
2024
2024
2024
Intome and endowments from:
DonatlQll5 and legacies
Charitable activities
44,442
17,500
61,942
Total
44,443
17,500
61,943
Expendlture on:
Charitable activities
12,563
14,583
27,146
30,981
Other
20,981
Total
43,544
14,583
58,127
Net income
899
2,917
3,816
Net income before other
galns/llossesl
Other gains and lossès:
Net movèment In funds
899
2,917
3,816
899
2,917
3,816
Reconciliation of funds..
Total funds brought forward
Total funds carried fonuard
13,487
13,487
14,386
2,917
17,303
4 Income from donations and legacies
Unrestricted
Total
Total
2025
2024
Donations
S Income from charitable activities
Total
Total
2025
2024
Mentoring and training
61,942
61,942
6 Intome from other tlading activities
Unrestrlcted
Total
Total
2025
2024
46,458
46,458
46,45g
46,458
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Elevatlng Success UK
Note5 to the Accounts
7 Expendlture on charltable activities
Unrestricted
Total
Total
2025
2024
Expenditure on chorituble
Lyctivities
Mentoring and training
Wage5 and Salaries
Governance costs
3,076
3,840
3,076
3,840
7,842
19.304
6.916
6,916
27,146
8 Other expenditure
Unrestricted
Total
2025
Total
2024
Employee costs
General administrative costs
Legal and professional costs
52,309
3,767
2,591
58,667
52,309
3,767
2,591
58,667
26,020
3,479
1,482
30,981
9 Staff costs
2025
2024
Salaries and wages
52,309
52,309
26,020
26,020
o employee received emoluments in excess of £60,000.
10 Tangible fixed assets
Cost or revaluatSon
At l April 2024
At 31 March 2025
Depreciatlon and
Impairment
At l April 2024
At 31 March 2025
2,817
2,817
2,817
2,817
2,817
2,817
2,817
2,817
Net book values
At 31 March 2025
At 31 March 2024
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ElevatSng Success UK
Notes to the Accounts
11 Creditors..
amounts falling due within one year
2025
2024
Othèr taxes and social security
Other eredltors
Accruals
17,2391
1,405
13081
17,2391
1,096
12 Movement in fund5
Incoming
resources
At31
Ilncludlng
other
At l April gainsllosses
2024
Resources
March
2025
expended
Restrlcted funds:
Unrestrltted funds:
General funds
17,302
46,459
165,5831
11,8221
Total fund5
13 Analysis of net assets between funds
17,302
46,459
165,5831
11,8221
Unrestrltted
Total
fund5
Net current assets
11,8221
11,8221
11,8221
11,8221
14 Retontiliation of net debt
At31
At l April
2024
March
Cash flows
2025
Cash and cash equivalents
18,399
18,399
127,46Ql
127,4601
19.0611
19,0611
Net debt
18,399
127,4601
19,0611
15 Related party dlsclosures
Controlling party
The company 15 limited by guarantee and has no share capital,. thus no single party controls the companv.
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Elevating Success UK
Detailed Statement of Flnanclal Activities
for the year ended 31 March 2025
Unrestricted
funds
Total funds
2025
Total fund5
2024
2025
Income and endowments from:
Donations and legacies
Donations
Charitable activities
Mentoring and trainlng
61,942
61,942
Other trading activities
46,458
46,458
46,458
46,458
Total income and endowments
46,459
46,459
61,943
Expendlture on,.
Charitable activities
Mentoring and training
Wages and Salaries
3,076
3,840
6,916
2,076
3,840
6,916
7,842
19,304
27.146
Total of expenditure on charitable
actlvltles
6,916
6,916
27,146
Employee costs
Salarieslwages
52,309
52,309
52,309
52,309
26,020
26,020
General administrative costs,
including depreciation and
amortlsatlon
Bank charges
General insurances
Stationery and printing
Sundry expenses
Telephone, fax and broadband
118
118
107
992
992
971
23
23
104
2,530
3,767
104
140
2,530
3,767
2,261
3,479
Legal and professional costs
Accountancy and bookkeepin8
Other legal and Professional
costs
2,070
2,070
1,469
521
521
13
2,591
2,591
1,482
Total of expenditure of other costs
58,667
58.667
30,981
Total expenditure
Net Eains on investments
65,583
65,583
58,127
Page IS

Elevating Success UK
Detailed Statement of Fin3ncial Acuvlties
Net lexpenditurel/income
119,1241
119,1241
3,816
Net lexpenditurel/incomè before
other gain5lllossesl
Other Gains
119,1241
119,1241
3,816
Net movèment In funds
119,1241
119,1241
3,816
Reconciliation of fund5:
Total funds brought forward
17,302
17,302
13,487
Total funds carrled forward
11,8221
11,8221
17,303
Page 16