2025-03-31-accounts

REGisfERED COMPANY NUMBER: 06227466 (England and Waks) REGISTERED CHARITY NUMBER: 1145028 Ilstenlng ears REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE Y&IR ENDED 31ST MARCH 2025

LISTENING EARS LIMITED REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

Listening Ears Limited Content of the Flnancial Statements For the Year Ended 31st March 2025 Legal and Administrative Inforn]atiOll Report of the Trustees 1-13 Independent Examiner's Report 14 Statement of Finanaal activities 15 Statement of Financial Position 16 Notes to the accounts 17-21 Detailed Statement of Finanaal Activities 22

IAstening Ears IAmAted gal and AdmAni8tratiYe Inforniatio Chairn]an Boatd of TtU8tee8: Mosad'OluvrA Orotayo Other TtU8tee Member8: Oluyetnisi Shode Nehemiah Adett￿lgbe Altinyele Roberta Avwerosuo-Adeda Atinuke Eyiovjuawi Bolutife Faseun J2dres Rukina Ferreirn Chief Executive Officet Olutoyin Ogunbanjo Regi8teted Compatsy Number 06227466 (EngI￿d and Wales) Regi8tered CharAty Numbet 1145028 Regi8tered Office: YMCA Buil(bng Woolwich Dockyard Woolwich LL)ndon SE18 5PQ Independent Examiner Patrick Jusu FCCA PAJ Accountants 10 - 16 "filler R￿ad Docklands LL)ndon E14 8PX Banker8: Batclays Batth 737 Barking Road Pjaistow IL)ndon E13 9PL Metro Bafth 66 - 68B The Bexleyheath Kent DA6 7JN

Executive Summary Listening Eats continues to p]ay a Titsl rok in reducing lottehness. improving Wellbe￿ 2nd strengthening social indusion aczoss our community. Foi over *teen years. we have temained conunitted to supporting inth'viduals who are tsOlat￿ vulllerablq or fautig battlers to pthicipation in society. Our wotk this year retlects both the resilience of our organisation and the oT￿ltig need for compassiot￿t4 communtty-centted support. Through a con]bination of en￿tional car< pract￿al assistance. welllw educatio￿ and empowernient programmes, we have continued to n)ake a meaningfi]l &fEerence in the hvcs of older adults, young peopl< families, and itidividuals experlencing hatdship. Our tiiission is rooted in fosteong canng fr￿dsh￿s. encouraging the londy. and reFitAlising those who fed weary or disconnecte<L We atsn to alleviate depressive tendencies, enhance soci21 Integratio￿ and promote tot21 well-bets¥. This itidudes supporting indmduals to build confidenc4 devdop independence, aud access opportunlties that imptove their quah'ty of hfe. We n]aintain an indusive, open-doot poh'cy, ensutitig thxt our services are accessible to alL regardless of ethniaty. backgroua(L or circumstance. Coll3boration ren)ains central to our approa￿ and we continue to work dosdy with local authotities. housing associations. health providers, and community organisations to ddiver holistic supporL This ye2r, our Fed Good Centres in Ably Wood and Thamesmead have continued to provide saf4 welcoming spaces for in&'viduals aged 50 and above. These centres of£et SOC￿ connection, health inf0m￿tiOn, gende exerasq cteauve activities, and practical support. They pjay a crucAal role in reducing loneliness and empowetitig older adults to adopt healthi'et hfesryles. Out Communiry Angds befrIend￿g service has also remained a life1￿C for housebo￿￿ inthviduals, offeting companionship, emotional suppor¢ and practical assistance through home visits and tdepbone outreach. The Steps2Living Programn￿ has supported servitt usets to make sustsinable hfesryle changes through healthy eating educauon, weight management gwdance. and hands-on cookmg sessions. Me8nwhil4 our Food Bank-SUPPOrted by our ongoing parthership with Sainsbury's Abbey Wood-has provtded essentixl food supphes to Eamilies and older 2dults affected by the cost-oE-hving ctisis. This year, we were also able to host a Chtistmas Party and th'sttibute C)8 C.knistm2s Hampers 8T￿ Turkeys to vulnerable service usets. ensuring they Edt valued and supported durAng the fesuve $e2sorL The Rosebud Centte for Girls, one of our most transfomiative initiatives, has continued to empower young women thtough personal development workshops. creative arts, hfe skjlls tr4inin& mentoting, and residential experiences. Although the progtan)me is currendy suspended due to fiu)dmg shortfalls and the temporary closure of the YMCA premises, its impact over the past deven years remai￿ pto£oun& We are actively seeking ncw fUndts￿ stream5 to rethstate thi5 Vit21 setvice. Our ackn'evements have been strengthened by the generosity of fi￿det$, cotporate partners. volunteers, and in&vidu21 donors. Their support has etvabled us to deltvet hgh-quakn'ry programmes and tespond to emerwg community needs. LA)okll¥ ahead, Listening Ears remains cotnmitted to eXPandll￿ out setvices, rebUild￿g suspended programn￿s, strengthening partnerships. and continull¥ to provide compassionat4 life~enhancing support to those who need it mosL Page I

tastening Ears IAmited Report of the Trnstees For the Year Ended 31 March 2025 The trustees, who are also directors of the charity for the puq)oses of the CompaDies Act 2006. present their teport ith the financial statements of the charity fot the year ended 31 March 2025. The Ttustees have adopted the provisions of Accountll]g and Reporw by Chatities." Statement of Recommended Praaice applicable to charities prepating their accounts in accordance with the Financigl Repotting Standard apphcable in the UK 2nd Repubbc of Irdand (FRS102) Effective l January 2015. STRucfuRE, GOVERNANCE AND MANAGEMENr Governxng document The charity is controlled by its governing documenL attides of assoaatioffj 2nd constitute a limited company. limited by guarantee. as defined by the Comp20ies Act 2(X>6. Recrnitment and appoinlment of new trustees The legal responsibility for the dection of new ttustecs to tistening Ears lies with the Annual General Meeting (AGM). The Board recognises that it has only ]imited control over the dection of trustees at the AGM. It is accepted that IAStening Ears members should be able to dect people to the board who they b￿.eve will best represent their interests. However the existing board members also have a responsibility to ensure that the needs of the organisation in ternis of governance 2re met by those people dected. The Board seek to do by adopting a system of tecommending Trustee appointments to the membership using the steps detailed bdow. The membership uryll then deade to dect 2 recommended candidate or to appoint another petson to the board. Trustees can delegate some aspects of recruitment of Trustees to Managemen¢ but they ensure that they retain over9Jl responsibility and control of the recruitmen4 sdection and induction ptocesses. In recruiting new trnstees, the existing trustees and manwent act in the best interests of LAstening Ears and in 2ccordance with the Charity Commission d￿ectiVeS as kn'd out in CC30. Induction and trainAng of new trustee8 All trustees are expected to attend: • Volunteer induction training Ttustee induction session • Any other update training of relevance to b￿ard members As part of the induction process all trustees receivc copies of the followi¥. • Oudine of current boards skills and experience • A copy of the previous yeags annual report 2nd financial report . A copy of the memorandum and artides of association (￿vernIng document) . A copy of the previous board meeting minutes (once agreement for appointment has been made by the Trustees) . Charity Commission CC3 - The essential trustee: What you need to know • Chatity Commission CC60 - The H9Jl marks of an Effecttve Charity • Copies of the trnstee handbook with a]1 current up to date pobcies Risk Jnanagement The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance ag9inst fraud and error. The tn￿teeS confirni that they regularly review the signthc2nt risks Facing the Chatity and have systems and procedures in place to mitsgate those risks. The risk pobcy has adopted a risk mapping methodology that is applied to each identified risL assessing the likelihood of it occutting and the sevetity of the impact of occurrence on the Chatity. The Chief Executive Officer is responsible for the day-to-day moffltoting of risk and reporting to the Trustees.

1. Introdu¢tlon and Overylv Listening Ears c¢xtinues to serve as a vital source of sup￿rt. <x)nneclion. and ￿p¢￿Vern￿￿ individuals a¢YOSS our community. Sin¢8 our establishmen( we have remained commitied to red￿Ing loneliness. improving well- being, and strengthening soaal indusion people ofall ages. This Y￿ has brought both significant achievements and notable challenges. yet our mission has r￿nained unwavernw: to Lyeate Spa￿ WI￿re individuals feel seen, supported, and able to thrive. Our w￿k spans a range of pywammes designed to address so(yal isolation, promote emotional resilience. and equip people with the skills and confidence need￿ to lead fulfilling lives. Through (￿r Feel Good Centres, Community Angels befriending sep4ice. Steps2Living wellbeing programm8. Food Bank supwi, and the Rosebud Centre for Girls, we continue to deliver meaningful, lrfe-enhancing interventions that respoThl directty lo communty needs. Despite financial pressures and the teM￿rary suspension of some services, Listening Ears remains daepty rooted in its purpose. Our partnerships, volunteers, funders, and service users continue to shape a compassionate and resilient organisation ry)mmitted to long-terrn impacL

2. ObJe¢tlv8s and Acllvlties Our Charltable Purpo Listening Ears exists to advance social indusion for th8 publbc benefft. We work to prevent indmduals from becoming socially exduded and to suppc1 those already experiencing isolation to reintegrate into ￿lety. Social exclusion may ari8e frThn unemployment, financial hardship. age, ill health, disability. discnmination, poor housing, family breakdown. or inKlvement in crime. Olf prOgr￿Me8 are designed to address these barriers with ￿pathy, practical support, and ￿rnMUnty￿ntred soluttons. Mlsslon and Core Goal• Our mission is grounded in three (xKe aims: Fostsrfng caring frlendshlps and anotlonal •upwt for tTrK>se experie￿ing loneliness ￿ distress. Promotlng totsl well-belng thrcwh infcKm*on, training. arml adivities that Im&￿0Ve physical. ￿0tIonal, and social health. Empowerlng Indivlduals t￿rd Independence. conmen￿, a)d inproved lrfe opportunities, including vocational and wnployment pathways. Commltment to Inclusion We operate an open-door policy, welcoming individuals regardless of ethniaty. ￿e. religh?n, gender. or educational background. Our services are designed to be ￿$S￿)le. ￿liural￿ sensitive, and responsive to the diverse needs of our ￿nMunity. Collaborative Working We recognise that sustainable thange is achieved thrcugh partnership. Listening Ears works closely with local authorities. housing a￿lat￿n5, health providers. ccxnmunty organisatw)ns, and c(wate partners to ensure that service users receive holistic c(Mnbined supp(rt 31Page

3. Publlc Benefft Statement The Trustees ojffirm that Listening Ears has (xynpfMI with the (lrty to have due rewd lo the Charity Commission's guidance on publbc benefiL Our wC￿k diredty Lx)ntributes to: Reducing loneliness and social isolatKin. Imwoving mental ar#J emotional well-being, Enhancing physical health throwJh lrfele ed￿1¥￿, Slrerwming Delivered in partnership wrth Peatody. this centre mifrors our Abbey Wood model and extends support to older residents across Thamesmead and Bexley. The progranme (xjntinues to ￿0W in populanty and impad. A¢tlvltlo8 Offared Across Both Centr Our centres provid8 a rth programme of actlvties desMJned to improve physical health, pmotional wellbeing, and social conn8Ction, induding.. Healthy e*ing workshops, Multicultural (￿kery sessions, Arts and crafts, Dan￿ and gentle exercise. Tai Chi. Massage sass￿D6. Lunthem dubs. HeaAh walks, S￿lmer seashje trips. Gardening and planting activities These activities not only reduce isolation but also empower older adulis to adopt healthier lrfestyles, build friendships. and regain (x>nf1de￿e. 4.2 Communbty Angels: Befrlendlng & Outreach Our Communty Angels programme offers on&t¢x)ne ￿OtK>nal suppcrt to individuals who are houseb)und or living alone. Many face challenges such as chronic illness, disabilrty. depression. or mobilrty issues. Through hom8 visits, telephone support, and ￿mpanionship, our traIn￿j voknnte￿s offer a lrfeline to those who might otherwise remain unseen. This year, Crynmunty Angels has. Reduced isolation amoThJ vulnerable ￿luIts, Provided (aynpass)nate listening and emotional support. Helped individuals access services and maintain independence, Offered ￿asSUran￿ and continuity during diffi¢utt periods 41Page

The wogramme ctxrtinues to dernor￿tra￿ that sThple hwnan can transfonn live& 3 Stsps2Living: Hoafth and Total Wellbel Steps2Living fO￿S on emKth¥ern)g individuals lo make sustainable kfe chang8s. L8d by a qualified Health Trainer. the F￿￿arnme supwts through: Healihy eating edu(%tion, Weight mawent guidance, Cocing'skth, Group and on&t￿one wellbeing sessions, PrartirAI demonstrations and hands-on leaming Partiapants leam to prepare nutritious meals, adapt cuttural recipes, and build IxYffiderrE in the krtchen. The programme has contributed to inproved physical health. inrxeased seffteem. and greater aWar￿eSS of long- tem wellbeing. 4.4 Food Bank Support Listening Ears c¢)ntinues to seNe as the 'Front of the Shop. thanty for Sainsbury's Abbey ￿)0d, a partnership now in its fourth year. D(Y)ations fr(#n shoprers enable us to wovmle essential f{￿ suprx)rt to f￿llieS and IndMduaFs aff8ded by the CA)St-of-IMng ulsls. Our minibus has been invaluable in delivering food parcels directly to elderly swvice users. ensuring that those with mobilty challenges receive timely supp(rt This personaised apwoath has strengthened trust and provided d￿nItY during a dttficuft economic per￿. 4.6 Roubud Centro for Glrl• The Rosebud Centrefor Girls ranains one of LIst￿Ing Ears, most transformatiV8 inth'atives, d￿l1¢xt￿l to supp(Yting girls aged 7-19 and young women up to 25 wrth disabilrties or special needs. Rosebud provides a safe, nurturing environment where YoU￿j WL￿en can explore Klenlty, build ￿nffiden¢e, and develop essential lrfe thlls. EMpty￿rni8nt and Personal D8velopm•nt Rosebud offer8 a wide range of W￿8t￿S covering: Personal and lrfe skllb. Creative arts and fashion, Dance arml ph>sical exercise. JEwellery making. CV writing and interview Skills. PhotC43raphy. media, fikn. and animation, Heatth and lrfestyie ed￿atIon, ResKlentials, day trips, and cultural eXper￿n￿$ These adivrties help gids dE¥elop ￿s111en￿. seff-expression, and emotional balance. Staff and volunteers have observed signrfrcant improvements in ￿nfidenCe. ¢(xnmunication. and decisioTrmaking amcmg participants. Bulldlng Emotlonal Ro8blien¢o Rosebud provides a safe space for girls to discuss challenges such as bultying, peer pressure, body image, and difficuft relationship5. Through ontrttrone mentoring. ￿0UP dIs￿$S1On$. and rO￿plaY exwcises, participants learn to navigate reaklrfe sttuations with greater clarity and confidence. Llfe Skllls and IndepondenrA Workshops in cooking, budgeting, hYg￿ne, teamwck. and problwn-sofving equip girfs with practical skills for adulthood. Residential programmes offer OPFK¥tunities to pradise independence in a supportive. homelike environment. Collaljorative Worklng To ensure holistic support. Rosebud works dosely with: 51Page

Cha118nge Nthork. YMCA, The Poi)L Her Cth. Gre8Trwid) Yfxth OtteThling Servi￿. Fami 1nfomiats.on S￿￿. Communty Safety Tean, Mwitsl Hearth Support Team. Rape Crisis London. Sexual Hearth T&￿, SrooK faith groups. and lo(xl agw8S . Suspenslon of Sor￿Ces. Fundlry Shorffall and Prwnlses Closurg Listening Ears fed Ihe diffiojlt decision to l￿npC￿arity suspend the Rosebud Centre (Je to a significant funding shortfall. After ele1￿ years of continuous wvice, the lad( of sustainalAe financial supp(Kt made it inpossiblé to malntain delivery at the required standad. Compounding this thallenge. the YMCA wemises used for Rosebud have been undergoing extensive renovations, resufting in a prolonged closure to all organisations. This suspension does not refled a lad( of commitment or deMan￿ther, rt h￿hlightS the financial pressures faced by grassroots OTganisations. remain detemined to secure ne funding streams and restore Rosebud's vital services as SO￿ as possib18. The Trustees we ath'vely expionng grants, partnerships. and community fundraising opportunities to supwt reinstalement. 6. Partnornhlp• and Collaboradve Worf(Ing Listening Ears. impad is strengthened lyrf the relab'onships build with (Kganisations across the c(Mnmunty. Our collaborative approath ensures that service users receive holist￿ supwt and that our programmes remain relevant and responsive. Key pathers indude: Peabody SainSbur￿S Abbey Wood Morrisons Thamesmead VlellTower Annington Ltd Local heallh teams Farth groups Adutt and Social ￿lCe$ Rotary International. Greenwith These partnerships provide support, donations. volunteers, venues, refeffals, and practical resour￿ that enab18 us to deliver high-qualty serv￿. 7. Awards and Recognillon Listening Ears is pr04KI to have wived rwnition for our o)ntribution to ccmmunty wellbeing. Best Communlty-Based Business In Greenwich (2008) Flnali8t- Communlty InvolV￿On￿ London Business Awards {2010) Flnalist- Partnership Achiovwnen( London Heallh Corniission Awards12010) COMM￿ty Civic Award for Reducing Isolation- Royal Borough of Greenwich12019) 61Page

Th8se acAx)lades refied the dedicatK)n of ow staff. v0￿￿e￿S, and supwtws. and the posiiive inpart of ourwork. 8. Flnanclal RevivAf Funding Sourc During the year, Listenlng Ears received b(Ah restTKed arKI unf8￿[¥￿ed funds from: Cty Bridge. Lond1￿ Ctynmunty Fcxxvjakn. WellTower. Thnesrnead CLxnmunty Fund, Rotary Greenwich, Individual donors These funds supported the deh￿ of wr Kywammes. outreath adi¥ities, and oFwational o)sts. Corporat• Partner• and Spon•ors We are grateful for the gen8rosty of wr c￿pcwate ptners, (x)ntribut￿r￿4nan￿a1, pradic21. and i￿kInd- have strengthened our abilty to S8rve the uxThnunty. INeirrow8r. Peabody, Morrisons Tha￿e￿oad, Sainsbury's Abbey V¥od. New Covenant Church, Abbey Wood, RCCG Chapel of MerGy. R(th. New Wne Church. ￿tKIll¥Ich, Kilthn, Rotsry Greenwich. Indivklual d(￿or$ Their support has enabled us to provide fO￿j parcels. welbw'ng artrlities. ￿ThmUnty events, and essential resources for vulnerable indmduals. Thanks to the generosity of our funders. pW1n￿$, and indNidual don￿. we were also able to host a joyful Christmas Party for ow service users and distribute 68 Christmas Hamp8rs and Turkeys to old8r adulis and vulnerable families auoss our c(nmunty. 9. Future Plans Looking ahead, Listening Ears is ctJmmitt8d to: Rolnstallng tho Ro•ebud Cenlrn for Glrf$ ttwh renewed fundraising and partnwship development. Expandlng Fo01 Good C•ntre• to addIt￿nal locatiorts to mt rising demand am(ry older adults. Strengthening Communlty Angels to read) more isolated widividuals. Enhanclng Stsps2Uvlng wrth new workshops ￿lturallY tailored health prO￿aMMe8. Doveloplng partnership• to S￿re lontrt8nn sustalnabilty. Increasing voluntaor rncruitinent and trainlng to supp￿% progranm8 delprfery. Exploring dlgltal and hybrid models to wnprove accessibility for those unable to attend in person. 10. Acknowledgemenis The Trustees extend heartfeft Ihanks to everyone has C￿trit￿rted lo Listening Ears this year. Our achievements would not be possible without.. Team of dedic*ed staff and volunteers, Funders. Sportsors. and C(xp(rte Partners, lThlividual donors, Local ￿ganisatiOnS and c(¥nmunty nelworks, and service users. whose resilience inspires our work. Despite financial thallenges. Listening Ears remains a beao)n of hotE, ¢cmpassion, and communty spirit. We look forward to building on this year's progress and wntinuiThJ to ser4e those who need us most. 71Page

lastening Ears lamited Report of the Ttustees For the Year Ended 31 Match 2025 FINANCIAL REVIEW Results for the year. Duting the year the CIMtity received £29.668 (2024: £46,812) from don2tions and grants. The surplus for the year was £3,182 and 2024 was £22.494 and this balance has been added to the accumulated fimds cattied fotVT2td. SOME OF OUR PROJECT AcfIvITIES IN picfuRES A selection of photographs of artlvltles and events EASTER TEA . PARTY rR1 DA Y STH APRIL @ 1PM HASTIMGS BEACH DAYTRIP FkYIAI 12Th MY ea"Èarty 8 8uffet JOTN US

For the Year Ended 31 March 2025 SOME OF OUR PROJECT ACTIVITIES IN PICTURES (Contlnue) Llsienlng Eors Feel Good Friday YEAR 18th Anfftlversarg 8111 KPovpnil)?I *1 Page 9

Listening Ears LimEted Report of the Twstees For the Year ErKled 31 March 2025 SOME OF OUR PROJECT ACTMTIES IN PICTURES {Contlnue) LISTENIXG EA#TrS l• •r•t•lul f•c•4Y• a comrnunlly tund dvn•tlon Irgrn lh• YXMAXX MOMESEP4SE lound•Eiq FOUNDATION •L Page 10

Listening Ears Limrted Report of the Trustees For the Year Ended 31 March 2025 SOME OF OUR PROJECT ACTMTIES IN PICTURES (Continue) 14 FEBRUARY Page 11

Listening Ears Limited Report of the Trustees For the Year ErKled 31 March 2025 SOME OF OUR PROJECT ACTMTIES IN PICTURES {Continue} LISTENING EARS INVITÉS YOU YO A f ÉEL GQOD cAbsr ieTH DECEMBER THE NEST. TWAM£SM£AD JPM ?PM Page 12

IAsterring Ears Iamited Report of the Trustees For the Year Ended 31 March 2025 Reserves policy It is the policy of the charity to set aside 20 % of unrestricted funds to the gener21 resetve. This provides sufficient funds to covet m2nagement, administr2tion 2nd support costs and to respond to emergencies which may atise from time to time. Funds are maint2ined 2t this level throughout the year. GOING CONCERN After making enquiries, the Trustees have a reasonable expectation that the Chatity has adequate resources to continue its objectives and activities for the pubh'c benefit for the foreseeable future. Accordingly. they continue to adopt the going concern basis in pteparing the annual report and finaniial statements. Further details regardll￿ the adoption of the going concern basis are io note I 'Accounting Poliaes. in the financial statements. STATEMENT OF TRusfEES RESPONSIBILITIES The trustees (who are 21$0 the directors of IAStening Ears Iimited for the purposes of company law) are responsible for ptepating the Report of the Ttustees and the finan(ial statements in accordance with app￿Cable law and United Kingdom Accounting Standatds (United lQngdom Generally Accepted Accounting Practice) incluthg FRS102 the Financial Repotting St2ndard Applicable in the UK 2nd Republic of Ixeland. Company law requires the trustees to prepare finana21 statements for each financi21 yw which give a true and fair view of the state of affaits of the charirable company 2nd of the incoming resources 2nd applj'cation of resources, incluth'ng the income and expenditute, of the charltable company for that period. In preE)aring those finanaal statement8, the trustees ate t4uired to sdect suitable accounting poh'aes and then apply them consistentlyg observe the methods and prinaples in the Charity SORP. make judgements 2nd estimates that are reason2ble 2nd prudenr prepare thc fin2naal statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The ttustees are responsible for keeping proper accounting records which disdose with reasonable accuracy at any time the fin2nual position of the charitable company and to engble them to ensure that the financial st2tements comply with the Companies Act 2006 and charities act 2011. They are also responsible for safeguarth'ng the assets of the charitable company and hence for talang re2son2ble steps for the prevention 2nd detection of fr2ud and other ittegulatlties. The trustees ate responsible for the maintenance and integtity of the corporate and financial infonnation induded on the charit2ble company's website. Le￿$latt0n in the United K￿￿0M governing the preFarntion and dissemination of finanaal st2tcments may th'ffer from legislation in other jurisdictions. This teport has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to sm211 companies. Approved by order of the boatd of trustees on 29th December 20225 and signed on its behalf by: Mosad'oluwa Orot2yO Ch2tr, Board oETrustees Pa8e 13

Independent Examiner's Report of Iastening Eats IAmited I report on the accounts for the year ended 31 March 2025 set out on pages fifteen to twenty two. Respectxve te8ponsibilxties of trustee8 and examinet The charity's tntstees (who are also the ditectors for the purposes of comp2ny12w) are responsible for the preparation of the accounts. The ch2rity's trustees consider that an audit is not tequired for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is tequire(L Having satisfied mysdf that the charity is not subject to audit under company law and is ehgible for independent examinatioo it is my responsibility to: examine the accounts under Section 145 of the 2011 Act to follow the procedures laid down in the General Directions given by the Ch2ttty Commission (under Section 145(5)(b) of the 2011 Act)" and to state whether particular matters have come to my attentio Ba8X8 of the Independent examinet'8 report My examination was carried out io accordance the General Directions given by the Chatity Commission. An examination indudes a re￿eW of the accounttng records kept by the charity and a compatison of the accounts presented with those records. It also indudes consideration of any unusual items or disdosures in the accounts. and seelung explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequendy no opinion ts given as to whether the accouots present a 'true and fair view ' and the report is litnited to those matters set out in the statements bdow. Independent examAnet'8 Statement In connection with my examinatio￿ no matter has come to my attention: (l) which gives me reasonable cause to bdleve tha¢ in any materi2] respec¢ the requirements to keep accounting records Èn accordance with Section 386 and 387 of the Companies Act 2006. and to prepare 2ccounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 01 the Companies Act 2(K)6 2nd with the methods and prinaples of the Statement of Recommended Practice: Accounting and Reports￿ by Chatities have not been metr. or (2) to which, in my opiniofy attention should be drawn in order to enable a proper understanditig of the accounts to be reached. Patrick Jusu FCCA Independent examiner PAJ Accountants 10- 16 Tiller Road Docklands, London E14 8PX Date". 29th December 2025 Page 14

Listening Eats IAmited Statement of Financial Activities For the Year Ended 31 March 2025 Total Funds Total Funds Fund8 20 2024 INCOMING RESOURCES Incoming Resoutce8 from generated funds Voluntarylncome Donations GrAnt mcojne Grants received Investsnenr Income Bank Interest received 13.089 13,089 15217 16570 16570 31,588 Total Incoming Re8ource8 70 29.668 46,812 RESOURCES EXPENDED Re8ource8 expended on Clwltable Actsvitie8: Charit2ble adivities costs 6,038 14,489 20.527 16,661 Cost OE generating voluntary income 930 930 744 Re80Utce8 Expended 15,419 2L457 17,405 Othet Resources Expended Governance costs lJ51 lJ51 1584 Other support costs 3.678 3,678 5,329 5,029 6,9LI Total Re8OUtce8 Expended ]L067 LS,419 24J Net incoming te80Utce8 fot the year 2.031 LIS1 22,494 RECONCIIJATION OF FUNDS Net movement ill fund8 Fund balances brought fotward Transfer of fimds Fund balances carried forward 4031 8J65 22,494 7557 21.686 30.051 96 2&&17 33233 30.051 Page 15

Iistenitig Eats limited Balance Sheet At 31 Match 2025 Totsl Totsl Fund8 Notyo 2024 Fixed A88ets Tangible fixed assets li 3575 1575 3575 1575 4550 50 Cuttent A88ets Debtots 12 Cash at bank and in hand J2 Creditor8: Amounts fallitig duc witl)in one year 13 li.( Net Current A88ets L032 25JOi Net A88ets Y)051 Fund8 Ufttestncted Funds Restiicted Funds 14 33333 1.051 The chatitable company is entitled to exemption from audit under Section 477 of the Companie5 Act 2006 Eoz the year ended 31 NIarch 2025. The members have not requlled the Ch￿1t￿bk COnJFMny to obtain #n gudit Df its financigl statements for the year ended 31 March 2025 in accordance with Secrion 476 of the Companies Act 2(K)6. The tTh￿tee8 acknowledge their responsibik'ties for (x) ensutitig that the c1￿1t2b1c company keeps 2ccounting records that comply with Sections 386 and 387 of the Companies Act 2006 and O)) PIeP￿illg financtsl ststement5 which g￿e a true and fatr view of the state of afkn of the chan'tsble cornpany as at the end of each financ￿1 year and of its sU4)lus or defiat for each fmancial year in accotdance with the tcquitcmertts of Sectio05 394 and 395 and wkn.ch otheTr4i5e comply with the requirements of the Companies Act 2(M)6 rdating to fit)aniial statttnthts. so fat As appjicable to the ch￿￿table company. These fJngn(ial stxtements bave been prepared in accordance Thith the spe(d provisions of Patt 15 of the Companies Act 2(X)6 relatsng to small ch￿Itable comE)anies and with the Fm3rtcial Repor Standard for Snuller Entiiies (effeaive January 2015). The financlal statements were approved by the Board of T£￿$tee$ on 29th Decemb￿ 2025 and vKre signed on its behalf Mosad'Oluw2 Orotayo Chair of B0￿d of Trnstees PaBC 16

Iistening Eats Iamited Notes to the Fxnancial Statements Fot the Year Ended 31 March 2025 l Accounting PolicAe8 Accountitig Conv¢Dtio The 2ccounts ljave been prepared in accoIdance witb all appl￿ accountrg stAndards, FRS 102, the Ststement of Recotlltncnded Practtse (SORP), "Accounting and Reporting by Charities" revised 2015 (FRS 102) and the Companies Act 2(K)6, except for the alternative heaty th2t have been used in the Statement of Financial Activitie5. as the Tn￿teeS feel tbat the revised heathngs tn2ke the 2ccounrs easiet to tead for a non-financial auth'ence. The pIinc4)al accoullDng policies adopted in the preparation of the accounts ate set out below. The chatity constitutes a public benefit eotity 25 defined by FRSIO2 Exemption from preparing a cash flow Statement Exemption h2s been takeo from Preparts￿ a cash £low statetnent on the grouads that the chatttable company qual￿$ as a sn)all charitable company. Incomlng Re#outce8 All incoming iesources are Anduded on the state[r￿At of Fit)anCI￿ Actsvities when the ch￿lty is legally entitled to the Incon￿ and the amount can be quantified with reasoD3ble accuracy. Gtattts and Donation8 Income from grants and donations is mduded iti incotnmg resources when these are receivable. Going concern The Charity's acttvities, together WAth the factors likely to affect its future perforn)ance and position are Set out in the Report of the T￿￿ttts on pages 2 to 8 wkuch describes the strnc￿Ie, governance and managetnent of the Ch2rity' its risk tnanwent pol￿$ and pxocedutts, its objectives 20d activit￿, the achievements, perforn)3nce and financial Position of the Chatity, and its plans for the ￿tt￿e. After mAkin8 enquiries, the Trustees have a rea50D2ble expectstson that thc Charity h28 adequate resources to continue its objectives and activities for tbe pubbc benefit for tbe foreseeable ￿ture. .4Ccordll￿1y, they continue to adopt the gott￿ cottcern basis in p4)aring the annual teport and fuwicial statements. RtBource8 Expended Expenditttre is accounted for on 2rft accruals basis and h#5 been dgssified under headmgs that aggregate all cost telated to the category. Where costs Cal￿0t be dwccdy attiibuted to particular heading5 they h3ve been albca¢ed to activities on a basts conwteot with the use of ttsource& Cost of generatitig funds Cost of gene￿tit]g furtds are those costs rdatsng to the generatiott of income and itidudes cost related to the management of the chattties activitie& Allocation and apportionment of c08ts Support cost are those cost related to shared activities of the owisation and are apportioned on a basis considered gppropriate to the un(lerlythg activities. Governance c0818 Governance costs are the costs associated with the strate8ic dtrection of the charity and with meettng regulatory responsibijities. Fund accounting UorestrACted fillxds can be used in accordance with the charitable objeaives at the discretion of the Restricted funds can onty be used for particukn restr￿ putpose5 Witbin the objects of the ch￿lty Restriction5 arise wben speafied by the donor or when funds are ra￿ed fot parficuiar testricted purposes. Further explanation of the natur #nd puxpose of each fund ts induded in thc uote5 to the financial statemcnts. p4￿ 17

Listening Ears Iimited Notes to the Financial Statements For the Year Ended 31 March 2025 2 Voluntary Income 31.0325 3L03.24 General donations 13.089 13.089 15217 15217 3 Grant Income 31.0325 31.0324 The Royal Borough of Greenwich City Bridge HNC UK Management London Cmmunity Foundation TK Maxx Awards for All 1,097 5,525 11.170 7.995 9,925 31,588 16,570 3a Investment Income 3L0325 31.0324 Bank Interest received Resources Expended 4 Charitable activities cost 31.03.25 31.03.2A Ptoject support costs Fundtaising expenses Wages and other direct cost Ttavd and subsistence Hire of hall Priniing and publicity 9.394 4,959 .370 lJ82 1.096 9,446 1,113 1,118 25 185 20.527 16.661 s Cost of generating voluntary income 3L0325 31.0324 Office entertainment IT /zoom operation expenses Volunteer expenses Storage expenses 310 639 127 105 313 930 744 Governance costs 31.03.25 31.03.24 Account2llcy services Independent eXaMi£￿tiOn Bank charges Subsuiption Consultancy fees 5(X) 5(Kl 131 271 253 200 l)51 1.584 Page 18

Listening Ears Limited Notes to the Financial Statements For the Year Ended 31 March 2025 3L03.25 3L03.24 7 Other support C08ts Motot vehide expeDses Sundry expenses Equiment Insurance Tdephone, internet and fax Software Rent Depreciatioa 943 143 98 5S9 3,485 975 975 3.678 5,329 8 NET INCOMING/(oufGOING) RESOURCES 3LI)325 31.0324 Net resoutces are stated after cha[￿ng/(creditrng). Depreciation - oryjmed assets Independent exan)l￿tiOn fees 975 975 1.975 1.975 9 TRu¥fEES' REMUNERATION AND BENEFITS Thete were no tEusttts' remuneration or othcr benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. There were no trL]Stees' expenses paid neither for the year ended 31 Matth 2025 not fot the yeat ended 31 March 2024. 10 STAFF COSTS 3L0325 3L0324 Wages 2nd othet dtrett cost Social 5eoJtity costs Pcnsion C05t 7.017 iJ53 8.875 571 8J70 The average tnonthly numE*r of employees duting the year was as follows: 3L0325 3LOJ.24 No ttnployees recetved en￿1￿ments in excess of £60,{￿. Poge 19

Listening Ears IAmited Notes to the Financial Statements For the Year Ended 31 March 2025 11 Tangibk Fixed Assets All assets telate to the Clwity and are used for cknitsb]e putEx)ses. Motor Vehick Computer equipments & Equipmetst Total C08t t 1st April 2024 Improvements Adth'tions 657 1.066 At 31yt March 2025 657 1,066 Depreciation At 1st April 2024 Charge for the year 1.950 975 657 1,066 3,673 975 At 31st Match 2025 1925 657 1.066 4,648 Net Book Vakne At 31st Match 2025 3575 3,575 Net Book Value At 31$t March 2024 4550 4,550 31.03.2025 3L03.2024 12 Debto PttpaYll￿it 31.03.JJ25 31.03.2024 13 Cte(litot8: Amounts falling due ithiti otse yeat Pagc 20

IAStening Ears IAmited Notes to the Financial Statements For the Year Ended 31 March 2025 14 MOVEfvtENTS IN FUNDS Net Tr￿￿fer Ift Apr Movemeots 31st March in fuDds Fund8 Utlrestncted fund 031) 10J96 Re4tsirted ￿ndS 21,686 1,151 22,837 3Q051 &182 IS SUMMARY MOVEMENf IN FUNDS FOR THE YEAR Rts()urces f()vement Unre8tticted ￿ndS 13.(P)8 (11.067) (1031) Rtttr￿d hjftds 16570 15.419 1,151 3.182 Pagt 21

IAStening Ears limited Detailed Statement of Financial Activities For the Year Ended 31 March 2025 INCOMING RESOURCES Voluntary & Inve8tment Income Donations 31.03.25 31.03.24 13.089 11,170 15217 5,525 7,046 7,995 1.097 9,925 City Bridge HNC UK Manwtnent IA)ttdon Comniunity Foundation The Royal Borough of Greenwich Awards for All Bank interest received Total income re8OUt¢e8 29,668 46,812 RESOURCES EXPENDED Othet Charitabk actiVAtie8 ¢08t Project support costs 9J94 Icrf) 8.370 1?82 1,096 185 20￿27 4,959 Wages and other ditttt cost Travd and subsistence Hire of hAll Printing and publiciry 1,113 1,118 25 16.661 C08t of generating vohmtary iticome Office entertainment IT /zoom operation expenses Volunteer expenses Storage expenses 310 127 639 105 313 930 744 Governance c08ts Accountancy servAces Independet)t examination Bank charges Subsctiption Consultance fees 5CK) 5(M) 131 253 200 500 80 271 lJ51 Support C08ts Mou)I vehiclc cxpen5es Sundry expense5 Eqwpment expcnscs InsurAnce Telephon4 internet 2nd fax [phone] 60 300 509 Rent Depreciation 3,485 975 5J29 975 3,679 Total Resource8 Expended 26,486 24J18 Net Expenditure 3.182 22,494 P%c 22