Company registration number.. 07374739 Charity regisiraiion number.. 1145040 Stay Up Late (A company limited by guaraniee) Annual Report and Financial Sthiemenis for the Year Ended 31 March 2025 Partners In Enterprise Lid Accountants & Tax Advisors Ground & Lower Ground Floor, 9 St George's Pl Brighton East Su55ex BNI 4GB AEFIIB37 1711112025 COMPANIES HOUSE A03
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Stay Up Late Contents Reference and Administrative Details Stral¢gi¢ Report Trusie¢s' Report 3106 Sialemenl of Trustees, Responsibilities Independent Examinels Report Sthtement of Financial Aclivilics Balance Sheet 10 Notes to the Financial Siaiemenis 111020
Stay Up Late Reference and Administrative Details Chairman Simon Hughes Trusttes William Davies (Resigned 5 August 2025) Donald Reid Simon Hughes Harriel Oliver Leah Cox Sarah Holmes Bobby Sandbach (appointed November 2024) JaTnic Claxton (Jppoinied November 2024) SttretAry William DE4vie5 (Resigned 5 Au8usI 2025) PrineipAI Office Hove Methodi51 Church Fellowship Room Officc Ponland Road Hove Easi Su55ex BN3 5DR The charity is incorporated in England. Company Regi$tr¥tion Number 07374739 Charity R¢gistration Number 1145040 Page I
Stay Up Lale Strategic Report for Ihe Year Ended 31 March 2025 The truslees, who are direcior5 for the purposes of company law, preseni their sirategi¢ report for the year ended 31 March 2025. in ¢ompliartce with s414C of the Companies Aci 2006. Finaneial review The finances of the charity continue to be strong and we are maintaining good reserves in lines with our policy. The trustees and the staff team are working to ensure ihai we will use our sound financial siluation to build and develop our work and impact over the coming year. Policy on reserves It is the policy of the Trustees that unresiricied funds which have not been designated for a specific use should be maintained al a 'level equivaleni lo three months expenditure. The Iruslce3 consider that, in the everti of a significant drop in funding. Ihai they will be able to Continue the charily's aciiviiies while consideration is given to ways in which additional funding can be raised. This level of re5ervg5 ha5 been maintained during the year. The sirniegic port was approved by the trustees ofthe charity on 1 Oth November 2025 by: and signed on ils behalf Simon Hughes Chaimlan Donald Reid Tre&surer and Trustee Page 2
Stay Up Late Truslees, Report The irusiees, who are directors for the purposes of company law. present the annual report together wilh the financial siaiemenis of the charitable company for the year ended 31 March 2025. Objtttives and attivities Objécts and oln Our charity's purposes as sel out in the objects contained in the compeny's memorandum of associalion art.. To promote Social inclusion for Ihe public benefit by preventing people with a physical or learning disability from becoming socially excluded. relieving the needs of those people who are socially excluded due to 5u¢h a disability and as5i51ing Ihem lo iniegraie into society. The aclivilies of the charily fall in to three main areas.. l. Running our volunlcer befriending 5ch¢me Gig Buddie5 2. Supporting oiher organisations to adopt Gig Buddies as a social frdnchi5e which we've call¢d 1g Buddies in a Box,. 3. Changin8 cultures irt social care ihrough campaigning and awareness raising. Public benÈJ71 The involvemenl of people with learning disabilities throughout our work is a core value of the charity and we have lived ihis oui through conferences, workshops, developing more re8ional advisory groups and 8lso Ihrough our Annual General Me¢ling. The trustees confimi that they have complied wiih the requirements of section 17 of the Charities Act 2011 10 have due regard to ihe public benefil guidance published by Ihe Charity Commission for England and Wales. General overvlew 202125 has been a year of growth, reflection, and renewed focus for Stay Up Late and the Gig Buddie$ project. As we conlinue lo expand across Sussex and beyond, we remain rooted in our mission.. lo ensure th people with learning dibIll11CS and auiism can Icad aclive social lives and aY up laie if Ihey choose. Our work this year has been shaped by three key themes: Growth- Reaching new localions, boih locally and internationally. and expanding access 10 our services. Campaigning with purpose - Conlinying to advocate for inclusive nightlife and tackling social inequalities through praciical, meaningful action. Building for Ihe future- Strengthening our iniemal infrastructure to ensure our work is susiainible, rcsilient. and driven by those wilh lived experience. Acilvliles Overview The Gig Buddies project has now been running for I l years. Over this time, it has evolved into a vibramt, Irustd initiative Ihal pairs adults with learning di5abili¢ies and autism with volunteers who share similar interests. enabling them enjoy gig5 and events tog¢ther. Wc Continue io support over 100 active marched pairs in Sussex and have m8de meaningful progress in reducing wailing lis15 across ihe region (alihough demand for our services remains high). Sports Buddie5 has continued to grow, cngaging new participanls and volunteers with a focu$ on healih. wellbeing, and community Ihrough sport and activity. Pa8e 3
Stay Up Lale Trustees, Report We are excited to have launchcd new Gig Buddies projects in Berlin and Cumbria, adding to our inlernaiional footprint and demonslrating the versatility and appeal of the model. Interesi in replicating ihe Gig Buddies model conlinues, with ongoing ¢nquiri¢s from across the UK and abroad. Campdlgnlng andAdvocacy." Advocacy remains central to our mission. This yéar, we took a strategic approach to our ¢ampaigning. focusing n impact and listening to our community: We conducted online surveys lo assess the impact of our 'No Bedtimes, campaign before initiating new campaigns, ensuring our efforts are guided by re&l-world experien¢e5. We launched (he first Nalional Slay Up Lale Week. cn¢ouraging people to plan inclusive nights out wiihout arbitrary end times- challen8in8 the re5tricliot)s many pPIC 51111 face. Our leam contributed 10 several conferences. training sessions. and events aimed at professiona15, social work Sludents, and support providers, promoting inclusion and the value of lived experience, Key achlevements and hl8hlights." Welcomed two new Iruslee5 wilh lived expeTien¢e io our Board. further embedding our values of inclusion and co-produciion. Opted 10 lake a break from Gl&8lonbury Festival instead prioritise local music festivals, offering more first- lime festival experiences to our community. Partnered with the National Trust to offer an inclusive campin8 experience, opening up new opportunilies for adveniure and social connection. Launched a research collaboration with UCL and ihe Bally Thomas Charitable Trust, hiring a Research Assiswit to &8sess the lon8-ienn impaci of the Gig Buddics model. Undertook a straiegic review of our licensing model and websites, ensuring our digital infrastruciure suppoffs our nelwork more effectively. Page 4
Stay Up Late Trustees, Report Looklngforward This year marked a period of Iran4ition. The departure of our Founder and Executivc Director creaied a space to renecl and streamline our internal operalions for 8realcr impact and resilience. We are restructuring our team and introducing cost-saving measures, including moving from a pernianent office to a co-working space. We have begun working with a frtelance fundraising consultant to diversify our income and build a more sustainable funding base. New partnerships are in developmeni. including collaborations within ihe music industry, local councils, and Sussex Police around nighttime safely for people wilh learning disabilities. We artticipate al least one new Gig Buddie5 location launching in 2025-26 and are exploring ways the wider network can pool resour¢¢s and shar¢ best practice. We are also exploring how Al and digital OIS can enhance and streamline our work. Stay Up Late continues to Ihrive because of the p&8sion of our community, the dedication of our team and volunteers, and the comrnilmenl of everyone who believes in a more inclusive, fun-loving world. We Are proud of what we've achieved and ex¢ited for what lies ahead. Stru¢¢ur¢. Eovtrnance and manaEement Nalure ofgovernlng documenl Memorandum and Articles Incorpordted 14th Seplember 2010. New Articles adopted by special resolution dated 1 5th Novembcr 2011. Page 5
Stay Up Late Trustees, Report Finantial in$trurnents Objeclives andpolicies The charity does not Lkse derivaiive financial instruments for speculative purposes. Cashflow risk The chariiy's activities do noi expose it to cash flow risk. Credli rlsk The charity's principal financial &8sels are bank balances and cash, trade and other receivables. The ¢rcdit risk on liquid funds is limited because the counterparties are banks with high credil-ralings assigned by international credil-raling agencies. Llquldity rlsk Further details regarding liquidily risk can be found in the Stalcmcnt of accounling policies in the financial statements. The annual report was approved by the irusiees of the charity on (he date below and signed on ils behalf by: Dale,. 10th November 2025 Simon Hughes Chairnian 1 Olh November 2025 Donald Reid Treasurer and Trustee Page 6
Stay Up Late Statement of Trustees, Responsibilities The trustees (who I also the directors of Stay Up Late for the purposes of company law) are responsible for preparing the truslees, Teport and Ih¢ financial slalemenls in accordancc wilh ihe Unitd Kingdom Accounting Siandards (United Kingdom Generally Accepted Accounting Practice) and applicable law and rcgulalions. Company law requires the trusiees to prepare financial slalemenls for each financial year. Under company law the Irusiee5 must nol approve the financial siaiemenis unless they are Sdlisfied thai Ihey give a irue and fair view of Ihe state of affairs of the ¢h8ri¢able company and of lis incoming resources and application of resources, including its income and expendiiure, for that period. In preparing Ihese financial slaiements, the Iru51ces are required 10: sele¢1 suiiable a¢¢ountin8 policies and apply them consisicnily,. observe Ihe meihods and principles in the Charilies SORP. make judgements and esiimales ihal are reasonable and prudent. state wheiher applicable UK Accounting Siandards have been followed, subjeci io any malerial departure5 d1105Cd and explained in Ihe financial siaiemen15' and prepare ihe financial 51aiemenlS on the going concem basis unles5 It 15 inappropriaie to presume Ihai the charitsble company will conlinue in bu5incss. The trustees are responsible for keeping adequale accounting records thal are sufficient to show and explain the haiitable ¢omparty's iransaclions and disclose with reasonable accuracy at any lime the financial p051tion of the charitable company and enable ihem to ensure that the financial slalemenls Comply with the Companies Act 2006. They are also responsible for safeguarding ihe assets of the charilable company and hence for tsking re&sonable eps for ihe preveniion and detection of fraud and oiher ]egUlaritIeS. Approved by the trustees of the ¢harity on the dale below and signed on 115 bchalf by.. Dale.. 10th November 2025 Simon Hughes Chairnjan Dale.. 1 Olh November 2025 Donald Reid TlSurer and Trusiee Page 7
Stay Up Late Independent Examiner's Report to the trustees of Stay Up Late I report to the charity trustees on my examination of the accounts ofthe charity for the year ended 31 March 2025 which art set out on pages 9 20. Respeetive responsibilities of trustees and examiner As the charity's trusiees of Stay Up Laie (and also ils directors for Ihe purposes of company law) you are responsible for the preparalion of the accounts in accordance with the requirements of the Companies Acl 2006 {'Ihe 2006 Act,). Havin8 5alisficd my5clf thal Ihe accounig of Stay Up Late are noi required to be audited under Part 16 of the 2006 Act and are eligible for independent examinalion, I report in respccl of my examinaliort of your charity's accounts &s carried oul under section 145 of Ihc Charities Act 2011 ('the 2011 Act.). In carrying out my examinaiion I have followed Ihe Direciions 8iven by lh¢ Chariry Commission under seciion 145(5)(b) of the 2011 Aci, Independent examiner's statement I have ¢ompl¢t¢d my examination. I confim that no matters have comc lo my attention in conn¢Glion with Ihe examination giving me cause 10 bclicve.. accounting records were not kepl in respect of Stay Up Late as required by seclion 386 of the 2006 Aci. or 2. Ihe accounts do noi accord with those records; or 3. Ihe accounts do not comply wilh ihe accouniing requirements of section 396 of (he 2006 A¢1 oih¢r than any requiremeni thai Ihe a¢¢ounis give a 'irue and fair view, which is not a matter ¢onsidered as part of an independent e,Yaminalion: or 4. the accounts have not been prepared in accordance with the methods and principles of Ihe Sluiemenl of Recommended Practice for accounting and reporting by charilies lapplicable to charities preparing Iheir a¢eounls in accordance with ihe Financial Reporting Standard applicable in ihc UK and Republic of Ireland (FRS 102)]. I have no concems and have Come across no other matters in conneclion with the cxaminaiion to which atteniion should be drawn in this report in order 10 ertable a proper understanding of the accounts lo be reach¢d. Robin Headlam Accountanls & Tax Advisors Ground & Lower Ground Floor 9 Si George's Pl. Brighton East Sussex BNI 4GB Page 8
Stay Up Late Statement of Financial Aetivilies for the Year Ended 31 March 2025 (Including Income and Expenditure Aecount and Statement of Tolal Recognised Gains and Losses) Unrestritted funds Totsl 2025 Restricted funds Note Ineome and Endowments from: Donations and legacies Charitable activities Transfers belween Funds 13,134 14,840 167.943 45,555 181.077 60,395 Tothl income 180516 241472 Expenditure on: Charitable aclivilies 260 300 299921 Toial expenditure 299921 Nei (expendilurc)lincome Nei movement in fund5 Reeonelllatlon of funds Total funds brought forward 270 020 310646 Toial funds carried fon¥ard 14 190236 252 197 Unrestricted funds Total 2024 Restritted funds Note Income Rnd Endowments from: Donations and legaci Chariiable activities Transfers between Funds 14,624 8,189 254,787 26,340 269,411 34,529 Total income 271260 303 940 Expenditure on.. Charitable activities 243 989 255 648 Total expenditure 243 989 255 648 Net income Net movement in funds 21,021 27.271 48.292 Reeoneillotlon of fund$ Toial tunds brought lorward 242 749 262 354 Toial funds Carried forward 14 270 020 310646 All ofthe charity's activilies deriv¢ from continuing operations during the atrf)ve two periods. The funds breakdown for 2024 is shown in note 14. Pagc 9
Slay Up Late (Registration number: 07374739) Balance Sheet as at 31 March 2025 2025 2024 Note Fixed assets Tangible assets 10 412 962 Current 4ssetS Debiors Cash ai bank and in hand 4,971 246814 251.785 433 310242 310.675 12 Credltors: Amounts falling due within one year 991 Net current assels 251785 309 684 Net assets 252 197 Funds of the eharlty: Restricted income (und5 Resiricted funds 14 190,236 270.020 Unrestrlcted Income funds Unreslricled funds Total funds 14 252 197 For Ihe financial year ending 31 March 2025. Ihe Charity was entitled lo exemption from audit under 5eclion 477 of ihe Companies Act 2006 relating lo small companics. Direeiors, responsibiliiies: The members have not r¢quired the charity to obiain an audit of ils accounts for the year in question in accordance with section 476. and The directors acknowledge Iheir responsibilities for Complying with the requiremenis of the Act wilh respeci io accouniing records and the preparation of accounts. Thcse accounts have been prepared in accordance wilh the provisions applictble 10 companies subj¢Gt io ihe Small company's regime. The financial statement5 on pages 9 to 20 were approved by the trustees, and auihorised for issuc on the date below And signed on their behalf by: 1 Oth November 2025 Simon Hughes Trustee Pagc 10
Stay Up Late Notes to the Financial Statements for the Year Ended 31 March 2025 Chgrlty status The charity is limited by guardnlee, incorporated in F.ngland, and consequently docs not have sliare Lapilal. Each of the Irustees is liable lo contribute an amount not exceeding £1 towards ihe a55els of the charity in the evenl of liquidation. The address of its registered office is: Hove Meihodist Church Fellowship Room Office Portland Road Hove East Susxx BN3 5DR 2 Ae¢ouniln¥ polleles Summary of signifieaftt accounling polities 2nd key a¢¢ounting estimates The principal ac¢ounling poli¢ie5 applied in the preparaiion of these financial statemenls are set out below. These policies have been consistently applied lo all Ihc years presented, unless otherwise sthied. Statement of compllance The financial slalemen15 have been prepared in acrA)rdance wilh AoUntIng and Reporting by Charities: Siat¢meni of Recommcnded Praciicc applicable lo charilies preparin8 their a¢coun15 in accordance wilh lh¢ Financial Reporting Standard applicable in the UK And Republic of Ireland (FRS 102) (effective l January 2015) {Charitics SORP (FRS 102)). the Financial Reponing Siartdard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Aci 2(KJ6 and Charities Aci 2011. Basis of preparatlon Stay Up Lale meets the definition of a public benefit entity under FRS 102. Asseis and li4bililies are iniiially recognised at historical cosl or Iransaclion value unless oiherwise staled in Ihc r¢levartt accounting policy notes. Going cont¢rn The trustee5 consider thai Ihere are no material uncertainties about Ihe charity's ability to continue as a going concem nor any significant ar&3s of uncertainty ihal aff¢ct the carrying valu¢ of assets held by th¢ ¢harily. Exemption from preparing a Cash flow statement The charity opted lo early adopi Bulletin I published on 2 FebruAry 2016 and have therefore not included a cash flow siaiement in these financial Sthlements. Inrome and endowments All income is recognised once ihe charity has entitlement to the income, it is probable that the income will be received, and Ihe amount of the income weivable can be measured reliably. Pagell
Stay Up Late Notes to the Financial Statements for the Year Ended 31 March 2025 Don10$ ond legacies Donalions are recognised when the charity has been noiified in writing of boih the amounl and settlement date. In the event that a donaiion is subject to conditions that require a level of perfomance by the charity before the charity is entiiled lo Ihe funds, the income 15 deferr and not recognised unlil either those condilions are fully mei, or ihe fuifilment of those conditions is wholly within the control of the charity and it is probable ihat these conditions will be fulfilled in the reporting peri. Grnnts recelvoble Grants aff reco8nised when the charity h&s an enlitlement lo ihe furtds and any conditions linked to Ihe grants have been mei. Where perfomiance conditions are attached to the grant and are yet lo be mel, Ihe income is r¢¢ognised as a liability and included on the balance sheei as deferred incom¢ lo be released. Expenditure All cxpcnditure 15 recognised once there is a legal or conslructivc obligalion lo ihal expenditurc, it is probable senlemenl is required and the amount can be measured reliably. All costs are allocated lo the applicable exp¢ndilure heading that aggregate similar costs to thai caiegory. Where costs cannot be directly altribuied io particular headings they have been allocal¢d on a basis con5i5tenl with the usc of r¢sour¢es. with cenlral staff costs allocaled on the basis of lime spent. and depreciation charges allocalcd on the portion of the asset's use. (Xher support cosis are allocated based on the spread of staff costs, Chdrtsable 4¢11vldes Charitable expendilure comprises ihose costs incurred by ihe charity in the delivery of ils activities and services for its bcneficiaries. li includes boih costs that can be allocated directly to such activities and ihose costs of an indirect nalure nece35ary 10 5UPPQrt Ihem. Support costs Support costs include central functions and have been allocated to activity cost categories on a basi5 consistent wilh ihe use of resources, for example, allocAling property cosis by floor eas, or per capit4 sthff cosis by the lime 5penl and other cos15 by their usage. Governanee costs These include the costs attributable to the chariiy's compliance with conslilulional and statutory requiremenls, including audit, strategic management and trustee5' mectings and reimbursed expenses. Taxation The charily is considered lo pass the lesis set out in Parn8raph I Schedule 6 of th¢ Finance Act 2010 and iherefore it rnee the definition of a charilable company for UK corporation tax purposes. Accordingly. Ihe charity is poientially exempi from iaxalion in respect of income or capital gains received within calegories covered by Chaplcr 3 Part I l of the Corporation T&K Aci 2010 or Section 256 of the T&xation of Chargeable Gains Aci 1992, io the exnI ihal such income or gains are applied exclusively to charitable purposes. Tangible fixed 455¢t5 Individual fixed a$tS ¢osting £O.(Kl or more ar¢ initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impaim)enl losses. Page 12
Stay Up Late Notes to the Financial Statements for the Year Ended 31 March 2025 Depreciation and amorti$*tion Depreciation is pmvided on Wigible fixed assets 50 as lo write off ihe cost or valualion, less any estimated residual value, over Iheir expected useful economi¢ life as follows= Tradt debtors Trade debtors are amounis due from cuslomer5 for merchandise sold or services perfomed in ihe ordinary course of business. Tradc debtors are recognised initially at the transaction pri¢e. They are subsequently me&sured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairmenl of irade debtors is estsbli5hed when the is objective evidence thal thc charity will not bc able to colleci all amounts due according to ihe original lenns of the receivables. Cash And cash equivalents Cash and cash equivalenis comprise cash on hand and call deposits. and other Short-ierni highly liquid investments Ihat are readily convertible to a known amount of cash and are subject to an insignificant risk of change in valuc. Borrowin8$ Inlerest-bcaring borrowings are initially rccorded at fair value, nel of Iransaction cosis. Inlerest-bearing borrowings are subsequenily carried al amortised cosr, with the diffcrence between the proceeds, nel of transaclion C051s, and (he amounl due on redemplion being recognId as a charge lo the Statement of Financial Activities over the period of the relevant borrowing. Inleresl expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are Classified as current liabilities unle55 the Charity has an unconditional right to defer setilemcnl of Ihe liability for ai leas¢ twelve months afler Ihe reporting dale, Page 13
Stay Up LY4te Notes to the FinanciAI Statements for the Year Ended 31 March 2025 Foreign exchAnge Trdnsactions in forei8n currcncics arc rccordcd ai the rnle of exchange al the dale of Ihe transaction. Monelary asseis and liabiliiies denominated in foreign currencies at the balance sheet date are reported ai ihe rates of exchange pvalling at Ihal date. The resu115 of overseas opcralions are Iranslaled at Ihe average rates of exchangc during Ihe period and th¢ir balance sheets at the rates ruling al the balance sheet dale. Exchange differences arising on Iranslaiion of Ihe openin8 net assets and resulis of overseas operdtion5 are reported in other comprehensive income and accumulated in equity (attributed to non-controlling interesis as appropriaic). Other exchange diff¢ren¢es are recognised in the Statement of Financial Activities in the period in which they arise except for.. l ) exchange differences on transa¢tions entered inio to hedge certain foreign currency risks (see above): 2) exchange differences arising on gains or Iossc5 on non-monetary items which are recognised in other comprehensive income; and 3) in Ihe case of Ihe consolidaied financi81 statemenls. exchange differences on mOnery items receivable from or payable io a foreign operalion for which setilemenl is neiiher planned nor likely lo occur (Iherefore forniing part of (he nei investment in the forei8n operation), which are recognised in other comprehensive income and reported under equity. Fund structure Unrestricted income fund5 are general funds that arc availablc for usc at the Iru5tees'5 discretion in furtherance of the objeciives of the charity. Reslricied income funds are those donated for use in a particular area or for specific purposes, the use of which 1$ restricied thai area or purpose. Finan¢lal Instruments ClasslJ7ca¢lon Financial assets and financial liabilities are recogni1 when the charity becomes a party 10 Ihe contractual provisions of the instrument, Financial liabilities and equity instruments are Classified a¢¢ording to the substance of Ihe contractual arrangements entered into. An equity instrument is any conlrdct thal evidences a residual interesl in the assets or Ihe ¢harily after deduciing all of ils liabililies. Page 14
Stay Up Late Notes to the Financial Statements for the Year Ended 31 March 2025 Recognition aftd measuremenl All financial assels and liabilities are initially measured at transaction price (including transaction costs), except for those financial assels classified as ai fair value Ihrough profil or loss, which are initially measured al fair value (which is nomially the transaction price excluding transaction cosls). unless the arrangement constilule5 a financin8 fran3aciion. If an arrangemenl constiluies a financing Iran5aclion, Ihe financial as1 or financial liabilily is measured At the present value of ihc fulure payments discounted at a market r8¢e of inierest for a similar debi insirumenl. Financial asscls and liabilities are only offs¢l in Ihe slalement of financial position when, and only when there exists a legally enforceable right to Sel off the recognised amoun¢S and the charity intends ci¢hcr to 5eiil¢ on a net b]$. or lo realise the asset and settle the liability simultaneously. Financial assets are dere¢ognised when and only when a) the coniractual rights to the e&8h flows from Ihe financial &85el expire or are seitled, b) the charity transfers lo another party substantially all of the risks and reward5 of ownership of the financial asset, or c) the chariiy, despite having retained some, but not all, significant risks and rewards of ownership. h&8 iransferred control of (he &8sel io another party. Financial liabilities are derecogniscd only when Ihc obli8alion specified in the contract is discharged, cancelled or expires, Inveslmenls DerlvdilveJ7nancial ins¢ruments The charity does not hold or issue derivative financial instruments for speculative purposes. 3 Ineomt from donatlons and lega¢lt$ Unreslrlcted funds TotAI 2025 Total 2024 General Restrleted funds Donations and legacies. Donations from companies, trusts and similar proceeds Grants. including capital grants. Grants from companies 13,134 13,134 16,383 167943 167943 167 943 181077 253 028 269411 Pa8e15
Stay Up Late Notes to the FinaneAal Statemenls for the Year Ended 31 March 2025 Income from Charitable activities Unrestricted funds Total 202S Tot41 2024 Gen¢ral Restricted fuDd$ Unreslricred Gig Buddies in a box Bally Thomas UCL Gig Buddies Esmee Fairbairn 14,840 14.840 32.982 12.413 8,189 26.340 32,982 12,413 160 Expendlture on eharltable ¢tlvltles Unrt8trict¢d fund$ Tot1 2025 Tot•1 2024 Cener41 Restritttd funds Note stsff cosis 22.848 16,222 551 213.280 47,020 236,128 63,242 551 210.314 43,901 Allocated support cosis Governance cosis Unres¢rlcted funds Tot81 2025 To141 2024 General Restrlcted funds Unrestricled GIG Buddies Big Give 21 Melal for Good Gig Buddies in a box Tudor Trusi Core Funding Community Safety Fund Bally Thom&s UCL B&H CC 39,621 39,621 127.740 14,768 2,000 29,977 43,261 2,500 11.490 7,848 i 0,000 10.716 11,659 171.226 127.740 14.768 2,000 29,977 43,261 2,500 11,490 7,848 i 0,000 10,716 22,859 43,699 2,433 1,535 2,237 2,237 Sussex Community Enjoolata Foundaiion 260 300 Page 16
Stay Up Late Notes to the Financial Slatements for the Year Ended 31 March 2025 Activity ndertaken directly Total 2024 Total 2025 Wages & Salaries Rent and rates Insurance 236,129 7,344 1.010 236,129 7.344 1.010 210,314. 6.600 908 Motor and travel Accouniancy and professional fees Telephone & Inlemet Office expenses Subscriptions Materials IT costs Marketing and advertising Other e,xpenses Volunleer expenses Training 2,746 15,895 2,607 5,444 2,353 2,746 15,895 2.607 5,444 2,353 4,115 5,830 2.954 2,843 3,447 780 3,007 1,723 6,723 1,347 4,080 136 19,475 1,727 975 299921 4,080 136 19,475 1,727 975 299921 255 648 £39,621 (2024 - £11,659) of Ihc above expendilure was artribulable lo unrestricted funds and £260,300 (2024 £243,989) lo restricted funds. lrt addition to the expenditure analysed above, there are also governan¢¢ Costs of £551 (2024 - £1,433) which relale directly 10 charitable a¢livities. See note 6 for further details. 6 Governance eosts 2025 2024 Govtrnance costs during the year were: Depreciaiion 551 Page 17
Stay Up Late Notes to the Financial Statements for the Year Ended 31 March 2025 7 Tru$ttts remuneration and expenses No iru5lee5. nor any persons connected with them, have received any remunera¢ion from Ihe charity during the year. 8 Staff costs The aggregate payroll costs were as follows: 2025 2024 Staff costs during the year wert: Wages and salaries 236 129 210314 The monthly average number ofpersons (including senior management team) employed by the charity during the year expressed as full time equivalenis was as follows.. 2025 No 2024 No Full lime staff Part lime staff 10 1 (2023 - 1) of the above employees participated in the Defined Contribution Pension Schemes. No employee reccived emoluments of mor¢ Ihan £60,000 during the year. 9 T Axation The charity is a registered charity and is therefore exempl from taxation. Page 18
Stay Up Lale Notes to the Financial Statements for the Year Ended 31 March 2025 10 Tangible fixtd assets Furniture #nd equipmen¢ Total Cost Ai l April 2024 Additions Disposals 23,597 23.597 Ai 31 March 2025 Depreela¢lon Ai l April 2024 Disposals Charg¢ for the year 22,635 22.635 551 551 Ai 31 March 2025 Net book valu¢ Ai 31 March 2025 412 412 Ai 31 March 2024 962 962 I l Debtors 2025 2024 Orher debtors 433 12 Cash ind cash equivalent$ 2025 2024 C&sh on hand Cash at bank Bank deposit ¢ Short-ierni deposits 66 17,037 144,71 208 6,756 218,278 246814 310242 13 Creditors: amounts falling due within one y¢Ar 2025 2024 Oiher taxation and social security Other ¢redilors (Pension) Accruals 991 P4e 19
Stay Up Late Notes lo the Financial Statements for the Year Ended 31 March 2025 14 Funds Incoming resources & Transfers Balance at I April 2024 Resourtes xpended Balance at 31 Mareh 2025 Unrestrl¢¢¢d fund5 General Unreslricled Gig Buddies in a box unr¢stricted TotAI Unrestricted 40,626 27,974 (39,621) 28,979 40.626 60.956 (39,621) 61,961 Restricted funds GIG Buddies Gig Buddies in a box Esmee Fairbairn Bally Thomas UCL Communiiy Salely Fund B&H CC Big Give 21 Metal for Good Chalk Cliff Trust Enjoolala Foundation Sussex Communiiy Tudor Trust Core Funding Other 108,065 80,506 115.603 (127,740) (29,977) 95,928 50,529 12.413 2,500 (11,490) (2,500) (7.848) (14,768) (2.000) 923 7,848 14,768 2,000 10,716 i 0,000 36,117 (10.716) (10,000) (43,261) 50,000 42.856 Total restricted funds 270 020 180516 260 300 190236 Total ndS 241472 299921 252 197 Page 20