Encompass Southwest for tsY•qr End•d 31 M•th 2024 WESTCOTTS ¢MA&T•IIO *CCO¥IIV4MT• Conl•nts 2to7 8t011 12 13 81thn•nt ofcmh Now• 14 10t•28 Encompus Southw•st R•f•r•n¢• and A￿￿￿1*traIlv• D•tall• Cr•esw41 Ir•n& HoL*ln B•ryl EvonB Lk Steeto CBTDllnè LoJv•r (ra*wd 1 D•¢•mb•r2023) Clmrfty R•gl•trthn NuMI)•r 114628e Compmy R•gl•tr￿lon Numbw 07149873 Th• tharfty ￿￿￿•t¢d In EnAlond and Wth Unrt C2 Flthlo*h Ctsu￿ Flihbbh Rd R•ol•l•r•d Offl 8m8th EX313UD ISWJ LLP Pl>ffn HoJ•• 3 Lorobrtdgo Road PW(#rth M•rnh Mll• dltor PLe 8LT C￿•1 W•thikn•W Bwk p 41 H￿h Stroot rn•laF4• EX3118Z CAF Bank Llmmed KlrvJ8 Hlll Av•m ng& Hill W8rf Mdllng Konl ME19 4JQ Pagè 1 EncompaB• 8*xthw••t TriMt••s' R•port Th• Inxt•#, are dlr¢th for ts purpoM ol Iw. TY••ont th• aMu•l r•port trJothèr wth th• financlat 8tatsrn•nts and w•port of th• ¢harltabl• ¢yrn for th8 •rKlqd 31 Mirth 2024. Est•bll6hed in 1996 as Bwn8taple Poverty Action l>oup {BPAG), tho org8nl8•ts)n reO81ored u a rjwlty In 2000, ond knLworated on 31 March 2012 lo become Encompa88 Southwelt. Th• organlBthI by a Board of Tr￿te•l. ujminty nurnbedng •bx vdunl••r8 from 7 foUovlvJ tho of C*oltho L•ovw t*fio •ro Ill drovm from tho (¥Jmfflurth In whth th• gant8&tbn work8. Encompam SouttAveBt IB corrO•l•ly ￿￿p￿￿1•nI and hB• nts relldtyA or polttlcol affllldoni. Th• TN•t••4 sr• mlndful of th• thll ••th of th• TnJllt•￿. Th• Tru•t•8• undwlRk• r•gulw lrnlnlnq. Nth¥ TnJ•toM oro 01￿1•d by Iho bo•rd •nd •r• rncn&l•d ttrmugh ¥olunt•&tr¥. IntroJuthn$, •&￿9 or tarpung Ipodfio mthnt w•rlenoo. Ilr8 C Floh8r IB Chl•f Offl¢èr. In c(￿lUn￿lOn wlth the bo•rd. qh• r0gpNwIt￿0 t￿ both thg thtsglc and owadonal dlroction ofth• org8rl•allon, fimnclal E￿C￿P￿$ Srthwt h•d 29 dlff•r•nt •)d our was •upport•d by around 11 volunt¢•rn. The knrd alm8 to mg914t 1fra￿ ts¥o month• to condd•r rrfKJrt8 from lh• Chhf Ollkw. Th• r•¢4fv•J r•port8 end rnanog•rn•rf rovlew8 of op•rnYon•l pONd￿ and woc•duw, and proF¥)•elJ lor biymm•nts In op•rntlonal •nd organl•alh)Ml prndc•• Erwmpe¥8 Soullm￿S CharltablB I'ObJeclfveB') am sp•¢mcally roBlrthd lo Ih followlrN'. Iho r•ll•f of p•rnon• D￿￿￿, CornwaN, Som•rnal Bnd Dornotwho Df hordBhlp. th8tra￿ and need. Indudlr4J tho r•llef of ￿m￿l&S￿O88, rwh $le•plng •nd *> r•dLKe IM￿Cl of 1Thorty and fln•ndg1 oxduthjn by WDvhYlng affectfv• cltent focu••d ￿1vIc•1". EIKry• S¢)uthYMt h80 no contracts Ih4t •ny TnJste• h￿, or h•d. •ry * Rlpple Prolgcl (Youth Hujwng fir¥ll • sIre8ts￿98 Torridgg (Youth HoMe1￿¥no•S 8UPFMxI) v Knthv Y￿r N•lghbourtK¥od . N•lbnd LotrAry 2. Q•nd•r Infomi•d ••Thlc•• . Space8 . Pothfinder- TrAYffl• 8tsbll••lh)n 3. Flw 8•rvlc•• . Prlmary Car• N•t . H￿1h Flty . Nadonal Ldt•ry Hlgh Flow18y¥th Chgng• AL*kn Allpn¢x • S•condary Cur• F . Communlty Flo • Communlty M•nt81 H￿1th D•valwnont • HOPE courne • yI￿rth Mgntsl Heolth Dl8ch8rgg prolecl (Ytyjng Devon) 4. Support•d Accommod•tlon • Mixed medlum r￿d 8UPW)rtad acumnK>d•l • Hlgh Need¥ women ordy •C￿mm0d*1l . Hlgh N••d& mal• rKcomrnodJUan . EM0￿0n0Y aceommodolton • Mum Ind B•by •ccomThJd•tk+n (1un* J. MB£mx¥n•y & Corn 8•Thlc . Bthh GOB En•ryy Thi•t {BGET) • Trnn•Mon• • The Cond•r Advk• Cqn . Cummunlty & soc￿1 C¥• Voluntary R•pT••W • Torrtdg• H￿S•hold Fund t)urfnq 202&24 w h•v• ¢Jllaborndon8 forn) ov•r th1¥ y•ar InC￿d*V our Spfi￿ partnernh￿ wlth CoL8b In Exetar. Thls hvfy>*8r pro10￿ bullth on the w(¥l( do1￿0[9d In lh• Ixrronl 61t•• to •BlabllBh and t•st q 9onder.¥wth. hrALqlk, traminfon7wd apwo8ch to wthlng th wcThen ￿th rAXry)lex IIv88 and mvllFl• dJ89dv8ntsg88. lundod by Devon County Coun¢ll. The partner8Np wa8 al￿ iueeo8sful In t•stlng a now Trnuffla StabMl8alknn Program fund•d by On• L)Mn Ilntegrated Car• eoardl whkh runs alongBldg Ih? Brn￿ Spa¢*8 partMrshl> ond offern 8P8c4&119t 8upwI lo wornon Encompa8• 8outhw••t TN•tsH' R•port peoplo who am home1￿8 or rDuBh •lJgping. W• hove rK>t Incrpg￿I th• nurnberof W 8POLW durln9 tr1¥ ygar, InBt8ad wa ho￿ foaJ$8d on our d*lvory Engurfng that off¢rfng a l*h level of 8UPPOrt lo aid move on Into Ind8pendence for our vwipants wthic* llt tlm•s has bgon th4lhnglng due to the knck of gffordablo horn￿ in Nothm OBvcn. We hav• on lh• wpport lor 6 n6w mudul8r ui¥to vthich Bro 0*fft￿ aNI mw•ged ty Torrfdp Dhtrid Ctyjncl. l our ••rth 8rw ••Bn ￿me l•¥d of obyr the •nd wa hw• beffi Oblb to •otsJra dlThJ to keep Ihbm Th￿FY opor•tlono1 the n•xiffMn¢l•l ￿r. *)Jr fuThllng dudng th18 ￿ ha8 c(Kn• from th• f0N¢X￿ng •raaB: • Grants such ao Natkjnal Lottwy. D•V￿ Communlty Foundallon and Ple￿1 Foundakn. . Stalulory fundlng from Torrfdg• Dlitrfcl Coundl, North D￿n Coundl, D•von c￿ftty Counoll. gamh vla One Northwn O•von al￿ On• D•wn. . Hou￿n0 Bon•fil K•y 8¢hbovwTr•nt• dwlng y••r Inciud•'. . R8Lwnl8ed by tho ScrtrfhvM81 Porwn81 C•r• A￿TrI• w wth•r ol M•tt•rn' c4t•wy. * The moblllsatkin of 8 new hou8lrffJ unllB In CL418bornUon wlth Torrfdp Dl•lrf¢* Coundl. . Ngw N￿ht Shdtar aff8r to mugh 8leèp8rn b￿n NoNwnbgr 202> Marth 2024. • Devd(bprnant ol our Tr*)rth Db¥un Inclu81on Frampwort( for dlsadv¥ntage8. yaar ￿ 4uppDrt•d 1420 d•nts and 1550 ¢aw, In •ddNlon w• ho￿ •uppthd 628 PK•pI• ¢>n-off adv1¢• our drop kn ¥•rvk•• acroB8 dl of our prol•ct8. Our ad¥lc• •nd BUPPOrt Mrvlc•8 IncMJd•: rnon•y & dobl. ￿118￿ btrth, luel povety, 8cc48slno h)u8lng adLblkThi. Infomied ryle••, sputh oulr•o1*. P￿tIoud, food par￿1•, dthlw, b•ddlrB •nd tsnts. Hou￿n￿ & Rough 81••p•r 8•rvlG•• Rough Sl•op•r numbws kn Torrldg• hm In¢rnBMd ov•r th• vthh t•arrM tyworflng an owrag• of 1&18 rryjgh Bt any ono Im•. Thg Incr•8￿ h dug io a nurnb•r d &Jrt•rnal lacta In¢ludlng alock of •fforthbb h￿￿n9 In the arna, rei•OonBhip bMkdown8 •rLd conn8cllon to th• For tho fbrst Ime this Jper we hgvg SUPPOrted pgry19 t•Ah no •cceM to pulAlc furhl8 ond a8Oum 8•ek¢rB who have bBan th• rfght to remaln In the UK. Fdknwlng B succe8sful 8ppll¢atlon to the Nbhl Shgltor fund ￿ havg ba•n &bk• to ohr ern￿ accommodats)n to a hw pgff*llt#9 otfoU￿ *ep•rB durfn9 th• ￿￿ter perknd. h) coikqbmtth vAth Dkntrlct Counoll I1￿ R&4P fund V•P T4JPPOrted th• hthdu¢tlon of e row m¢du14r un118 kn ￿h￿f¢(d whlch hav• 4u¢X•w￿Ity p￿d¥ 4¢0)MmodadoTh to of th• mtsst rough and ￿¥6 In turn 8Bvad Ihe kKal authorlty nO￿ty £300k kn Ihe 8 monlhts In B&BlomeryJorKy a¢comc4Jalh)n. Fk*u8irrfJ Flrnl has ay￿$SfUlty 8upport•d 9 8ntrench8d rtyjgh SI￿p￿B durfny tNo y•ar ensurfng that thty ramaln housad whh wgskW hIgn6￿ $upporL Ov•r hav of dbnt9 ￿8ft hou$•d for 4 IBw• wnh our long￿1 hwslng flr8tcli8r)ts ￿111 In I￿￿8￿g aR•r 8 >pw8. Enconym Southwo8t Tw$t••8' Roport G•ndv Ink•rm•df1￿0wgh 8•r4lG•• In Aprtl 2023 w• mobllf88d our 8rav6 Spac08 pgMor8hlp, %knlch 1$ a collabor¥tton betrmn Encornp489 SouthwogL CaLab Women, N¢)rth Dovon Aga1￿￿ Dome8￿¢ Abts80, Mlnd In Somarnot ond Sutvivorn Aliance North Devon (SANDI. We h8v& beon ebl9 to oxten& our tsffgr lo womty) to Ind￿10 19 10 wociql581 coun6911iwJ for free, which has aeen 8 pO￿tIVe hnp8ct of re¢ovory. We houte￿ our Brnve SwTh8 18unch ovent In Tlv•rton on 131h Jun• 2023 whlth ll￿￿t BucrA arml wdl attandod, t￿ fftnt gaw ￿ ov8rvl8w crf what stak•l)oldBrJ could exp8Ot frDm tha partnéTBhlp and 11 w#1 good to •e• now ￿￿onIN￿ bdnq forged lo wr off•r kn women vAth conwtsx noeds. Th• Brave Spacaj l•wn ha￿ hotsted a v8rtety of •vonts and •eM*)n8 o¥or tho 12 months Includod., tr•um• tnfortywd boxkngl8o￿-d?f0nS9 rAi thernpy d•B86• 4nd *ttyelllng. W• ¢oMnw to provldo hlih n••d• awrlmrnodatlon to *ry>m•n ￿ p•rt 01￿Jr Bra¥• Spae48 off•r. FLOW 8•r¥lM¥ Our Fknv PffJlt¢ts ¢ontlnu• to delfvw hloh qualty Aupport to peoph oc¢fj80knq •¢Lrto, prfnwry and 8econdury C4fe support through One Northem Dovon. Thls yeèr has seen Some ch8ngo9 to Oltr HwJh Intensty User proor8m wlth the introthjciion ol thè Rh18 Monteith modd focuBlna on tho top 250 u$arn of A&E lo provldo inten81v8 guppori ond connecllon for peopl• who don'l n￿(1 emtrgency rnedlpAI •upport bul who8• n•&d$ maybe Ilnked to thelr hou81np ne•¢ts. montal h941th. debt or lonolln•s•. DLrfng Q4 of Ihl8 year our l?8m hw worked c106dy vAlh Rhlan Mont•lth to Introduce th• model Into Nth•rn D•von and Ex•l•r. Our BUPPOrt•d aoethirnod•tlon e4nUrw￿ to b• a idld part of our corv 8w4lc•s and our trqurna approach ha• m•ant Ihat w• hav• bwi •bl• lo p)pl• pr8vlou$ty hav• b•an r•tsrnd to by othgr ogen¢loB * un-INJusOb￿, trdB 18 80m•lhlng ￿ •r• vgry proud of. 0￿r 4￿c￿nMod1lk* ￿ b•••d both o trourna lnfomgd mod•l and A P8ychdo*ally Snformod Ourtng 1h18 ￿ar wo h￿e Invested In a new 8eThlc8 M￿ager ond ho81th & $af8ty adffter for our •uppor*d 8(xommodatiorn In to th18 ￿ h8ve 8180 appolnted a admlnlstratry ¢0 8upport our ac¢ommodallon 8•wvIc￿. W11•￿MOn8Y h•¥ ¥upportsd e14 cll•nts ￿rtna thh y•&r wlth • totsl of &35 ￿1•8. Wo h8¥• conunued to J•¢ure fvndlng for our 2 c*ro wol8¢1s', TrnnvJUono and BGET and our partnernhlt4 lblth Novlg8t• CIC 0)nunu￿ to ￿ ￿rong. wI•£rmon￿ to •Mbl• p•opl• and Comm￿1￿•4 to bg b•ttw •qulpp•d to know mor•. We d• • ¢1 ioThrfc8s •rKI pr4grts •boul money. Wè Pro￿￿8 mon•y and debt adv1￿ tallDr&l to In¢**JuaJ to uupport peopl• w*h do￿ eh•cklng th&y have th• ￿TTe0t Incomg and adv181ng on t opknn8 8r8 open to thom. Wo run Navluats lh• Money M8zo coutse8- Inlernctlvo fjiluc4Uonal wothhopB lo h•lp poopbo lrtr•A8• Iholr &WIIB, knowt¢dgo ond confid8nco lo managa mon6y. We wcrt wmh tho Tonhjpe Rough S1•8pgrB prDJgd #nd admlnl8t¢r tho Mld D•von 018trkl Coundl Houwhokl Support Fund. Many PP0￿￿ b8¥b nBedB not bglng mat In todalB worfd. Our wo •s c4llecilvdy over £3.4 MILLICN li 801701 value thftygh 8cCw￿b19. wg)n cenlred money and debt advic* •xl educ&Uon torvw. Encompam 8outhw• TN8tooB' R•port TspIc411y, mry £1 Inv•8tyd kn N*vW VAII rnlult kn dlr•¢lth8ndal benellts for ow¢lwts ot. . £1,43 of debt vthltsn cff . £3.00 old•bt Id•nlM•d and manag • £1.&2 of annu•l 08in8 and In￿rn9 8oGurwJ For £1.00 in¥•8t•d In Wls£rn)oney Ihe 8od•l r•ttrn on In¥eslm?nt18 £4.82 (hfmttDn Joureèd Wg hthv• ￿ntInU•d to woth hord o￿T th18 yoor to 4￿ul• Imt aur In￿me eontlnu88 lo grrm. Th1• Includ•s ••ttlng tsrg•l• lor grant lund•d prr4uth k1•nt￿n9 n•w •u8talnobl• funthng 8trvam8, •wh u our n&ht aholter ac¢ommod8Oon 4ryJ bulmng Up(￿ our •xknUng portnersNp•. Flnand•lly we ￿ In • itrong•r plw than w• h•¥• b•an In prwlw8 ye&r8, vAth a r•¢ord {Urr￿ttr of £1,630.109. Howw•r INY thog not moArt that can afford lo t4k• our oy• off th• ball. Whllil many octs ar• nfyw fvnd•d forth• n•xl 12 monthB oro I•8￿ng fundk%i 2V28. W• to wth h•rd io Ixjlld our r•Mrw• •rrfl th to •n•ur• thul we hm o mlnlfflum 016 month• rgwr¥•s In thg firturg. At tha end of th18 >wr ￿ ha￿ £180,703 In reBBrvrfienor•l fimdB vthk* wlll b• h•ld tn occordanc• po4¢y •B by thB Bo&rd afTrust888. 3t•t•m•nt of tru•t•••' r•Apon•lbllftl Inffjteoi (who •ro al80 lh• dkoctora of Encomp•8t Soultv*Y•t for the pu￿0￿ of COm￿nY IAW) wpon¥lbl• for prnp•rfng thg Inth••8' report qnd lh• thandal 4tat•mwts In ac¢Ord0￿ vthh •pplk8bb law #nd Unl1￿ Klwlom Accwnilng St•nd•rd• (Unltad Klngdom G¢n?￿ty Act8pted Ace¢wJn* Pr•rAtsI, Indudkng FRS 102 'Th FlTr•n(4al RepLYllng Standord •pplIc0￿¥ kn th• UK •nd R•wrt>llo of Ir•l•nd" Th• r•port and ac¢xwnts hav• b•on pr•parod In accofd•nc• wlth provlglonl In thg Compenl•* Act 2008 r•1&￿9 to 8m811 ryJMPAnl80. Company law requlrn• th• knw8teBB to pr•paro financlal 8tatem?nt8 for fln￿￿kIl yew. Und e4mpwhy low iho tru¥tOgB fflust not approv• the flnanc4al *tat•m&nt• unle89 they are that th•y tru• and falr ￿eW of thè 8tste of offah ol the chad19b￿ ￿rnpany of th• In¢)Jml r•80urrA8 appllcatlon of re80urcoB, knclAllng Il¥ Incomg and of tho th•ritubi• COM￿nY tr that perf(xl. In Ffep4rlno Iheoe finanthl 8tatements. tru8tee8 •re reqU￿d to: select •uM4bkry aLrowrtlng FdkJB8 oThJ opp1y them I>)n￿¥t8￿, vbgerve the m¢thcth and in th8 Ch•dleg SORP,. mgkgludg•mwts 8Th1 e•Umat•4 that IT• rn180nabl• and wlont: •tats wWh8r wplkBbl• ￿¢¥jUr￿ln9 •*andaTdJ, *>JmM81ng FRS 102 have foknnd, 8ubM* to any rnatsd81 dopartUrn8 d8cbJB•d qnd aXF4lngd kn thg Ilnoncknl Jtal•mgrrtJ; arxl proparo th8 flnandal StateM￿ts on th• gc4w c#)nc4m bas18 u￿•S6 It 15 inapproprfot• ts) prnsumo Ih8t th& charftsble CuM￿nY Wil wnllnue In bu￿n￿. Th• trusts88 are rewnjible for kn0p1￿j proper rocordB th81 Can dl8ckx• wlh Ma80nablo aCClMaGy al any timo thg knndal rthrfion of th• chanlobl• l￿panY and •nabkn thom to •Murn that tho finandal Statements comply wrfh the Comp8ni88 Act 21K16. Thoy 8rt 9180 respon8lble br 8gf¢guardlTrJ the BSBots of thg (*grftabiè compony avbj he￿9 for taknn9 reagon8bYe 8teps for the v•ntion and dotoction of fraud otlw irreguLerlU•8. Page 8 TN•t•o8' R•port Thè tru$t•w aro ro8pon8bl• lor th• rnqlntenaru intsgrlty tsf tha ¢{￿0r9t0 and 14n•n¢ Infomiation Indud8d on th8 chDTitabkn ¢ompnls w8b8h. L•glslatlM Ihg prnpgrnlon and dB8ethDUon olflnandal 8taknonts may dlff•rfrom 18gslatlon In othwluMe(Ictto of Inforniatlon t• audltor Each truBt80 has taken stOPB that Ih•y wght to h&vo laken a5 a Iw*kn• kn order kn mako th1rn￿O MTO of any r•hvAnt #uthl Inform•lon and to BBi4bllEh Ihal thv* charf¥B audknr 16 awarn of thai Infomialon. Tho tNOteOB wnftsm thal thorn Is no krforniBtion th•1 thèy kmw of ond ofvknbch krthi audttcff Th1• rwrt b••n w•pAr•d ln I*£￿￿ne4 wlth th• •rnill oomponl•o r•glm• undor lh• Corry•nkni Th• •nnu•l r•pDrt •pwDv•d by ts tru*••• of Ilw charty on ASJJTrlabb l￿d •1gn•d on It• b•haW W. Pago 7 Eneompass 8outhwe8t Indep•nd•nt Audltorf• Rwort to th• M•mb•r• of En¢ompu• 8outhw••t Oplnlon Wo have au¢Yltod lh• fA)8nclal 818t•mants of Encirfnpa88 S¢MrtMwI (IM 'tharW) forth• >*r •nd•d 31 Ma￿h 2024. whkh compn88 the Stat8m•nt of FlnBndHI AL41vltl8•, Shrt stst•mont of C•8h FiowB. and Noto8 to tho Flnan¢lal Slthm•nts. Includlng 8 Bummary of 81gnlftc4nl •¢￿Un￿n9 pdlti•s. Thè finoncLAI repothg hmework th￿ ha8 gwled In th* pr¢p8rn11on h Unllgd lQr@dom th0Un￿ng Standard•, cDmprfslFyd ChorfU•• SORP - FR8 102 Th¢ Flnandal R•porilnll 81wKlJrd w￿le•bI* kn lh• UK and Republic of Irdand, 8nd 8pplc•ble IBW (Unhd KI￿d0M G•norB •pt•d Aceountlng Pracucel. In ￿ropInknn th• fina￿1 •taknments: 91￿ è tru• and falr vi•w rflh• sl•t• of tM ¢lwW8 a• al 31 Mwch of tt• Inoynlng r080urea• •nd ￿p￿le￿tIoft of r•iourc48. kdudlng Itj and expen(Ilure. for IhD yvr th•n ond•d: beBn prop•rfy ￿Pared In a￿rdar￿* vAth L￿knd Klng(bm O•wdly Act•O•d Acuunflng Prn¢lk•; and both pr•w•d kn acclyd0n￿ whh oftho CoM￿n￿¥￿t2008. B••l• for oplfilp We Tr￿duc￿d our ac¢¢)ry1gnco wilh Internolknnthl Slandardg on Audlllrwj (UIQ IISAO IUKII 4nd applicabh law. ￿T roopN￿￿1I￿ee undw Ihoo• 8tsndwd8 furthw d•8cthbod kn tho audltor f•lP¢X181blllUeB for tho aud6t of th• Iln•nc&4181al•menl8 B•Ctlon ol our r•port. Wo afe IndepoTrJont of the ¢haity In aeU*rdan￿ tho •thlral mqulr•morrto Ihal w• r•levAnl to our aud￿ of lh• ffn•nclal •l•t•rn•nts In th UK, Includlng th• FRC'• Ethlc•l St•nd•rd. ond th• provl&bn8 avalloblo for wnall •nUU••. kn tho dr¢urf*nea• ••t out In to the finendal Bt•tèmènts, And w• h•v• lullll•d ryjr ohr •lhlral r•w)n8lbllMl•s In a¢cordanc• Ih•w Mqulr•m•nts. We bellm thel tr• audll havg obl￿ned18 8uffld•nt and •ppr(¥Jrtal• to wovkl• a b￿1$ lor ourtylrkn. Con¢lu•lon• r•l•llng to go*ig con¢•m In •udlVng flnandal st•t•￿Tr￿, w• conclud•d that tnwts•8 ofts g*JrvJ con￿rn bagtS L*acwunllng In th• pr•pgrnlknn ol tho finarKW *atement$ l• appn)prf•ts. 80sgd on th• wo hBvo p•rfornad, wg havo not klerthd any m•twlal un¢xrt4inllo• reL•llng to or [¥3nd￿On8 th•L hKhWually or cdlecU¥eSy, moy ca8t 8lg¢thnl doubi ¢hgrW$ ablllty lo ￿￿nU0 A goltvj c4in¢xrn for a ￿FkId ofot10•st rnonih¥ from wlL•n 0fv4lno1 finllndgl OUT Mspon•ibilitles and ihe r0epwbll￿¢6 ol the trvJl¢g8 rn8F*Ot tr) gdng eanc4m wo d•Bcrlb8d In the relBYanl 8•cilon8 of thh r•port. lJth•r Infoimltlon Thp Irust••s aro r88wJnolbl• for th• olhar 1rbforrnal￿. Th• oth•r lrformljon ¢*xnwts•• th• Infomialon Indud•d kn th• onnual report. other thAn th• fln01￿81 sfalements ond our BudRorf8 rnport thw•on. Our oplnlon on tho fln￿¢101 $tatsrn•nt8 (kn•s not cDv•r tha other hrfonnatton t￿￿, ￿0•pl to th• •xi•nl Oth￿199 oxpHdlty ststad In our w• th> rnt oxprn88 any form ol •wJrBng• ev￿Ul1)n th•roW. PagB 8 Encompa88 8outhwMI Indop•nd•nt Audltovs Roport to th• Mombors of Encompa88 Southwoot In eonneclon ow audtt of tha fin8ncli Sthm￿ls. our rn$pon81blllty h to road thg othBr Inlom#tTorb in dtXVJ 80. conatderwhelher th& oth•r Irtlormallonls mat•rf￿￿ inm18t￿l wtth th• flnand•l slatsM￿lS or our knowladg• otaahgd In Audlt or appoars to bg Matyr￿llY mi$5t#t￿. If we idenbty mJt8rW IncL￿618￿￿ta$ or ?Fyargnt makn81 miBStat•m8nts, Wg 0 roqutred to d&tsmiing wholhor there Is o makni•l MI￿181Pment In the fin8no81 statemonts or rnamal mL881atemenl of Ihg other tnfamalkjn. If. ba60d on the work wg hav8 perfaTm8d. we cO￿4￿d thgt Ihern18 0 mgkn181 m166tatament of thlg Ot￿r infonT￿on. w8 are reqvlr60 to rgportth¥l hoL Wo h#￿ nothlno to r•F•yl In thlw r•g•rd. ljplnlon on olh•r malt•r pr••cthd by th• Compan1•• Act 21 In ryjf Onlon. be8•d orn th• und•rtak•n In thg u)urn• olth• awjft: lh• lnfomia1k￿ In th8 TTust••$' R8KYXt fof tho finand￿ ￿r for flnandll •l•t•ments aro wep4r•d Is cw818tonl wlth th• Iln•neW 8l•tsments,' th• Tru•t••g' Report b￿n prepBr•d In •ccerdance wlh ap￿1¢￿48 r•qutrrfn•nts. Matt•r• on whloh w• ar• r•qulrnd to rnport by •x¢•pdon In th• Ilghl of our kn¢)wlod9• and und8rnlAndkng ol the chwlty a￿1 its •nv*onmont obtsIr￿d kn lh• courno oftho oudit, havo rKrt IdenUfl•d mqtertol ml88lAternent• In TruBle•8' R•port. We have Tr)Ihlrq to report In respeci ot lh• lolb*kng mntt•r• whaT¥ thg C4xnponle8 AGI 2008 TrqulrnB us to r9[￿ to ￿ ￿, In ¢)ur oplnlon.. •d•ou8ts acix)unUng r•¢tsrds have not buen Wt, r* •d•quat• fr)r ow huv• ￿ b•en c•lv•d from brartheb not vl•lled by us: or flnJn¢lal ststomonts are not kn •gr••Me￿I *lth tho •co)unUng r•c*rd• and r•lumB' or rt•ln dl•dc4urn• oftru•thM r•mu￿rA￿)n •pJ¢W by l•w w• not mado., or w• hav• not r•c¥￿1 all th• Infonrth and •xrlan•lliJn• w• r•qulr• forouraudt. R••pon•lbllltl•• of tru•l• A• expl8lned morg fi￿lY In 1118 8tal•Tr•nt ol trusleej, ￿p￿BIbIlI￿￿ (#•1 ￿ on p•gb 6 4rKI 7), th• INstee8 are ie¥ponsiblo for th• preparnlon cl the Ilnancld statorn￿￿ and for belng SA￿$Tod t they 91￿ ¥ aThl fatr vknw, and fDr Buch Intomal (untrol aB trual•88 d8tgrmlne18 n•ce¥sgry to angble th• proparntfjon ot flnand81 Btateffl6nts that are free from materlal mL8dtstement. *th•ther duo In prepartng thé flnondal 81alon*nts. Ihg tru8te88 n r6wirralbh for #•8•ulng Iho thartty8 ablllty to oonUnu& as a golng concBm, dl8cloBSng, a8 applicabl•. m•ttorB ￿lat¥d to goSng ¢4x¢¥m and u8lno th• hg concern b••0 of acccunllng tha ellhor InI￿d ￿ liquid8ts thp ch•rtty or to L¥88a opwAdonJ, or havg no r8ollBIIG •ltornalfv• ￿ttts do 80. dllor r••pon•lblllU•¥ forlh• •udlt •lth• fln•nel•l •t•lw•nt• Our oW¢tlvas arn lo obtaln T￿8¢￿)10 8$6uron(* sbout whèther Ihts ftn•n¢lal stslwnwbts a8 8 ¥th0 fr•• frorn rnalertd rni8sl#tsm•n( whether du• to fraud Of •rror. and lo 188UO 8n audltorf$ repc¥t Ihat Includ06 our oplnlcffl. R•88onabJe a￿ltranc￿ Is a hlth lev•1 of assu18nts. bLrt Is not 8 gu&ranle& that an audil rAJnducted in accoTd8n(* wlth Ish3 {UK) wlll alwBy8 dolwl a malgrf&l ml88talemgnt Wh￿ tt oxtsts. m￿Stat￿neAts con grtBo from fmud or 8m>T and aro o)n81dgMd mgt•rl•l N. Indlvldu81 or Irb thg *ggmgal8. coutd rnascfwbly b• 8XP•Cted to tnfiu•nce the oconomlc ol UBof8 tskgA w th8 bad¥ of those Ilnan¢lo18taternent8. Page 9 Eneompam Southw••t In¢*•ndonl Audltorfs Report to th• M•Mb•r• (A Encompam 8outhwo krvauknrltlgs. Includlw fraud. orp In•lanr*• of norF¢oMPll•r￿ vAth laY+8 wd r•gul•Uon&. W• d•*gn ocodurej In lino ro•pon*lbllWw, (wt1in¢d abo￿. to d￿•¢1 materfal mkntatem8rkn in MspBct ot Irr•gulariW. IncludlThJ fr8ud. The exiont to wlrfch ow PTocqdurgu are WAblo of d•tsdng trr•gulariti68. includiro frwj i& detailod beknw. Wè Id8ntffied areas of laws and reguhlon8 tt)8t could rM8on•bly be •xpecled to heve a materlBI Ilect on the Inonclal 81alefflants from our general commerclal and 8ector e¥p8rlent* And through dls¢u88ion wlth th• truste08 Rnd ott￿r fflaTwem8nt. Wo (YJrnMunl￿1fjd idenllfiod law8 reoulauonv Ihrou#)OLrt tyjr te8m, 8￿1 ram91ned •18rt to any Sndlc4tlon6 of nonnnDI be expected lo d•t8ct non-g)mpllanc4 wlth all and rnguS•llon8. port of an audlt In •c4ord#nco vAlh ISA8 IUK), exernl•è wof•••lono1 ludg•m•nt m*lThl•ln prOf￿8￿)nO1 8coWd•m throughoul th• 4udll. W• a￿.. Idonlfy and as￿5 th¥ rf8ko of materfal ml88tatsmtnt of th• Ilnandd $14t•mnt8, whoth4T duo lo ud or •rror, doll￿ and p•rforn jud￿ procadwo8 rn8pcthfv• to thoso fjnd obtaln audlt •vldoncg thAI 1$ $urnd¢nt ond approprfatè to provkJ• • ￿111 for our oplnton. Tho rfbk of not dotpAng a meterf81 mh¥tatsm•nt Msulllw fr¢m fraud t4qt*r than for one r•wltln9 fftjm arror, a8 tr￿d m4y in¥rJw ￿l￿slon. forg•ry, Int•nUono1 oml88lon•, ffllw•pr*￿nt81laTra, or Iho cy4•ffld• of In￿rnI1 control. Obtaln an und8rstandlro of kntemal (xjntrd MI?￿nI to 4udA In ord•r to d￿19n audll pro¢odum that aro approprlate In th8 rA￿lm918n¢rf. bth nol tho Purpo￿ of 9xpr•￿Ing gn oplnton on th8 eff8ctbv¢ne88 ofth• th4rfty'• intemol ￿ntrol. Evaluate the appToprfatenem of Aco)untino polkloi uwl #nd th rno80fhilJ•n888 of acc￿n￿n4 ootknatov and rolal8d dl8doryur68 made ty tho In￿t￿. Conclude on the appmprtalene88 of Ihe tru8tees u88 of the golng c¢ne4m ba815 ofaccounllng and, b￿ad on tha aud* ￿donC• obtalnod, whether • mat•rfal une8rt8lnty •xists rdatsd to •v•nts or c¥)ndltlonB thel m8y c88t Swim￿1 doubt on th• tharfty'B abilty to conllnuB 48 a gcdrq conc•rn. 11 w• (vnduda Ih•l • m•twknl unc•rtalnty oxlsts, w• •r• r•qwrnd to drow att￿￿On in our audltoV8 report lo lh9 rdgtgd dl8c108UrnS tn thè ffnAndo18i•tomont• or. N ouch dlKk>5uro8 afo kn•d•qu8to, to modlfy our Our Conc￿5￿￿￿ •r• b•8•d th• wkjence obl81r￿d up to tho datè our Audltoff8 fepDrt. Hty￿r. ftrturn •vent8 or c1x￿￿￿o￿ may ¢awo tho chadty tE* to ¢onllnue 8$ a gdng concem. Eval￿t? 0￿?11 pr￿n￿On, Btruclur• ￿￿¥￿1 rf th• fimndal st•tem8nii IneJLxlng th• dlsdosur•s, orKI whether the Ilnanctal slAtoments repre8ent tho Underf￿ng tran8Bcllon8 and gvgnts in • m3nnpr that uthipvgs falr pro¥￿taIl(Jn. Wo Communi￿te wllh thargod vlth s0vemor￿ reg8rdi)g. among other m•ttern. the pLrynned scope aTrJ Irnlng of the audlt and dgnrfSc•nt au(Mt IlndlThJs. Includlrvj any 8lgnMc￿rt daffickncl￿ In Intsmal contrvl Ihat ithnlify thritwA our audll. Pagé 10 Encompa•• 8oulhw•st Ind•p•nd•nt Audltorf• R•prJrt to th• M•mb•r• of Encompa•• South UM of our MPOrt report 19 mede ed•ly to th• tharlt•b]• 1￿mpanY• IruBtaBs, u • body. In a¢eth8nc• Chaptar 3 of Part 18 of th• Companies Act 2006. Our wjdtt work ha8 baon und•rtaken $0 thot w mlghl 6tata to tha Inrnts08 11Th• maitarn wo aro rwulrod to thio to thBm In •n ￿dItOrI r•port ￿ for no other puoose. To the fulleBt exlent pefmitted by18w. we do nut a￿9Pt or assumo rQBpDn￿b)llty to anyDno other than the ¢haAtabb comp8ny its truste•8 85 a body, for our audlt wo￿. for thi8 reprt u for opknions fOrff￿d. Jom Cromy ACA (Sen* 8tsWI A￿1￿(￿) For￿￿ on bBhaff olWa&colts (SW) LLP, Ch•rt•r•d Acc4NJnt•nts •nd Slalutory Al[d￿Or• PIyTn Hou6e 3 Longbrtdg• Road PP*Ynouth IA8r•h M1118 PL8 eLT Pape 11 Encompa89 south￿St 81atsm•nt of Flnancl•l Aclmdts for th• Y••r End•d 31 March 2024 (Includlng Incom• and Expwdlturn Account arKI 81at•m•nt of Total R•cognl••d Galn• and Lowes) Unr••trlctsd lund• Total lundi 2Va4 Not• DonothTh and legac￿• Ch*l1obkn 9¢t￿lI108 FwvJrnk•lng Ir*como IrN88kn•nl InrANng 150A77 471,133 982,273 41,375 1.112.760 511508 1,045,124 4J9,109 350 4.851 Totsl Inuom 826 481 ￿848 1,630 10B ExpMdl¢ur• on: R•l4NJ funth Charf14bkk gclfvlll 1241 599,420 12,330) 1.079.780 {2,364) (7381 1.378,446 1.378,184 599,444 1,082,110 1681554 Nel kwcfflal(expon¢kn) Trnn8fern belwoen fv 27,017 27,566 fl8,4821 >7.S66 161.445) 107,025 Mot ffl0vern￿I In lund8 {106,028) 151A46) 107,0 R•conclll•ilon olfuhd• Total fimd8 brought frJrw•rd Tol•l caM•d forw•rd 20 321,e77 428,702 127 249,878 ￿79 371.267 l ollh• choty• octMUa8 d•rlv• ftom Con1￿1￿ th• 11>0￿ p￿t)dI. Th• fvnd• breakd￿ for2023 h lhown In not• 20. The notss on pageB 15to 28 forni 8n Intswal pwt ofthese slatem?nt•. Page 12 Encompass Southw•st (R•gl$trallon numb•r: 07149873) Balanc• 8hMt a• at 31 Mar¢h 2024 Flx•d •M•t• T¥no1￿& 15 21.662 28,870 Curr•*8•wts 16 17 114.621 303.116 417.637 29,431 395,016 424,447 Cash at ts￿k 4nd In h•nd Amount• thlllffj du• wlthln on• y••r N•t ¢uff•nt u••t• 365,805 399,832 377 67 428,702 N•t a•••ts Fund•alth• clwlty: IithM¢t•d In¢offl• lund Ro•lrl(aed fund• 127.379 233,407 Unw••trfoi•d Incom• l￿d• Unr•8lrkntsd fund• 249,878 37T307 195.298 Total fund• 428,702 finin¢Lql •lal*Ments hm boan pmpwed wtth Iho 8p•¢l•l prO￿￿nI r•Wlw to wt4•¢t to lh• •m•ll cOm￿nI•S rnglm• *llhln P¥1 15 Oft￿ COM￿rI•l Acl&N)O. Th• finanL48181al•mont8 on pall￿ 12 to 2a w•r• apwov•d ty th• tru•t•M, authothd lor l••u• on %SI.i+ •nd •vJn•d on thdf b•h•N ty. Ire Thj Evg The notsB ￿ pag08 15 to 28 forn an Intsgrnl pgrt oflhe8è 8IAtem￿ts. Page 13 Encompasg 8outhw•8t 81at•m•nt of Ca6h Flow• for th• Y•ar end•d 31 M•r¢h 2024 N•t caBh1oxp•ndlbjr•Yln￿Mfr lu8lm•nts to¢Mh Ivom non•¢Mh It•m• DyBGlatfjon (51h46) 107.026 7,218 149.078) 115,OfJ W¢xkln9 ￿PItal •ffju•lmnt• Iwea8• In dobto trKreu•lld•crMwl In 18 18 {86.0901 37.417 16.021) 2.393 196.751) 1C48.809 C•¥h flow• from Inv••tlng •thNI•• Inlor••t reco￿￿1￿• arKI •lffl11or In￿rn 4,851 1,020 108,23S 288,781 395,016 Not Ideuea••￿ncrna1Q In cogh And ￿$h C•8h a￿1 ca8h equl¥•lwts 411 Aprll C8th s￿1 •qulvdqnts at 31 Ma￿h (91,9001 395,016 303,116 All ollh• lkn¥• Arn d•rfv•d fmm wntlnulng tyoratloM durfng th• •bov• two prtod•. The notes on paao8 15 to 28 fomi an IntW81 p8rt crflhese P•J• 14 Encompam southw￿t Notss kn tho FlnanGlal 8tat•m•nts for th• Y•ar End•d 31 March 2024 1 C￿rIty •tAtu* Thfr ¢hJrtty Is limttsd by guarantso. IncorFw81gd In Enoland and Walos, •nd 0)n8•qU￿¢￿ does not hBvg ehkro EaGh of th? tru•t••818 Ilable to o)nlributo an amount nDI excaaedThJ £10 tmrds the assets oft￿￿ thgrtty In the event of liquld8lk￿. The adthe•# ofits reglstsred offlL¥ h: Lknit C2 FL8hknlgh Court, Fi8hWgh Rd RJJNl8wo118usln888 P*k Bamal•pt• D•von EX313UD 2 knounung polkl •unwn•ry ol •lqnllJo•nt aaoountkng Wlolm arrd kny 4M•untlnq wtlm•t The prfi*iil a¢co￿￿ng pdl¢l&s 4ipllod In the prepurntlon of th￿￿ fiTrAndal statem8nts are sot out bd¢M. TheBo pc45¢bs h8vo bgen conBi$tonlly 8PF41ed lo om pro8onto¢J, unf68s otharwl 8t•l•m•rt of ￿MPl￿n Th• fjnarKknI 8tat•m•nts hDv• bw prnpaT•d In •c¢ordAn￿ I￿¢h ACC￿n￿￿ and R•portlnll by ChariU88.' St8tomonl ol R•commond•d Practlc8 (applhxblè lo charf1108 prepadng th•lf a¢counts In 8￿rdanc• vllh the Fln8nc181 RepordnG Stsndowd 8ppllcat4• In the UK and R•publlc of Irdand IFRS 10211 {1￿U¥d In O¢tobw 20191- (ChAdU9$ SORP IFRS 10211, the Flnonejal Rwrtlng Stsndard app11￿ble In tha UK and Republlc of I￿18nd IFRS 1021 •nd the Comp•nle• Art 20(KI. B••l• of pY•p•rnllon EncompyvB Southw￿1 moets thfr d•finNon of 4 P￿￿k benefft en16ty uthr FRS 102. A8salB and IL4bllitkn are Inttl•lly r•¢ognlwl at hlstodc•l cost or IM8a¢llon value unle88 •tsted kn Ihg r¢lev8nt 8cc¢untlng polty not08. 8LxouTrts prep•Md in gbrflng, th¢ lun¢knJl cAJrr¢ncy of the dwrfty. Th• GOn￿d•r th•t Ih•r• 4r• no m•t•dal unc•rto1th8 •boul tro rh•rty8 dbllty to o)nlknug otslw ¢¢>ne•m nor any •rna• ol unwtahty th#t 4ff•ol th• earrfvg ¥￿￿1 ofas8•t• h•ld ty ¢harfty. Judym•nts •nd *•y of ••tlm•tlon uno•rt*lhty Tho prerxr•llon of the lknanclal Bt8tements rnqutros man•goment to m¥ko ludgornents, e8lJmata8 #r as5umptk*n$ that Effect the amounts reFK>rted. Tr￿80 ￿lmateS and ludgement8 arg ￿n11n￿81￿ and ba8•d on and othgr f•ctor8, I￿1n9 exp￿1#1￿)￿ of lubjro 8v•nts Ihal 4rn 1)ell•wd to ￿ r••gonable th¢ dr¢umst￿CeS. P890 16 Enc(Mnpa•• 8outhw•st Nots• to th• FlnancJ•l Stat•m•nt• for th• Y•ar End•d 31 March 2024 ¢om• •nd •ndovmw All In¢orM Is f8LMin188d orTh thè ¢harlty has •nkn•nt to Iho Inctffi•, It Is wobat48 th•tth• In￿rnI 11 ba roc•N8d and the of th• in¢y)rne recefvaL4o bo mogsured rBllably. Don•eloM •ndl•g•¢1•• gtton8 are Te•B•d lthgn tho charmy has been noll￿d bn ￿tIng of both the 1rnt￿nt and 8•themont dal•. In th• •vant that a donatknn subJ•ct to wndltkrfm that rgwlro a Iwel of p4rfotynan¢g by the ¢horfty beforo ihè cknarlty k •nUdod to ihg fuTrJs, th8 Incom• 18 dof•rr•J and not recognlB•d until •lihw t￿80 ¢ondlUons arg fully met, or tho frjlfllmant of thDgè ¢on(Itknn6 h whclly wknln th• conlrd cl th• thortty and tt18 prob•blo that cond+lon¥ wlll ￿ luhlllad In lh• r•porUng 1¢ *.Ind. 17nel è¢li¥ frJriVIt+.IlyiS Iir4ktK! r,J rA¥klend• orn rectyJnhod onoe th• ￿1￿￿9nd hu b•￿ +JoGlv•d ar¥J not5llc•U￿ b•kn roceN•d of th• (Mvld•r#J due. Exp•ndttuT• All èxpendlluro 1$ recognlsed onc• thor• ￿ • 18901 or conBtrudve oNlgaUon lo that •wdlbJrg, It18 probabl• aattkirnent la Yequlred and th• omount be rnoa•urod Tellably. Al Costs oro althat•d to th• gpplkable •yp•ndfdJr• Iwodlng that Hggrw dmllar casts lo that utsgory. Wh•ro co816 ¢annol b• dlr•¢tly attNbut•d lo pwdJJlar h•adlng8 bwn Alb¢atod on a b9818 wn•lBtsnt the of ro8ources, vAth cen￿] stsff c>)8t8 alloc#tsd on lh• bgsbw of Im• 8pont. and depredI￿an chaw albrnt8d on tho portlon of the 8•1ot'B u￿. Other 6UPPOrt LvJg1¥ arn olbcthd ba88d on th• lygad of¥tAff GOBts. The80 arn LyJsth incurr8d In atiracbng volunl•ry Incom•. tho rnarw•m•rrt of Inve8lrnTht• arKI Ihoo in(¥Jrred In tradlng ACfv￿•Y that funds. ct*rltAbl• ￿pand￿￿16 comprfoej ￿Bts IrvJff•d ty th• chllrfty In thg ddl¥•ry of IB QL*fvttbs d 88rVI￿ for th b•n8fith*i88. It Indud•¥ tv)th o)81• that can b• Nlhx4t*l dlr•ctty to luth adlvlll•8 d costs of On Indltscl naluro noras89ry to 8UPPOrt them, Pro*lon8 for grants arn mada ￿8n tho Int•nlm lo mgko a grant has b￿￿ communicat•d to rxlplenl but ther• Is Un￿rtA￿ty abcth ?lth•r the tknkng ofthe gr¥nt or ofsi8nl payabb. Pagg 16 Not•s to tho Flnanclal 8t&t•m•nt• for th• Yw End•d 31 M•r¢h 2024 Supwl &)8ts Include central fun(1k￿8 Iw all¢)cbknd to cost on q bots10 Mislenl with th• uJ• of Mknur¢•B. for exanwg. allorAllng prow•rty costs by Iloor 4r•A•, or p•r c•pita. gtaff by tho1kn• 4￿1 and othw ca4t• bythgtr T•nObh flxed •M•l• TIngl￿O 8Bll8ts are Inlwly recorded at aThl I￿)￿U￿n￿ 8latsd at cojl Iw any a¢yyJmuJut•d d•pr•ci*•n Imp8lmMnt Iou•8. D•pr•datlon *nd MioJ11••tlon Deproclatkn 1$ pro¥ld•d on langlbk• 48* to vrtl• off tho c￿1 or Iw• any 8tsdmal•d rwlJuo1 valufr. tw•rth•lr •cwornlc IN• a• follow•: D•pf•¢l&tlon mothod rlts 25% R•dudno balar A•••t Motor V•hld•B C••h •nd ￿•h •4ulv•l•nl• C•8h ind rABh ew￿￿n￿ c4rnprf￿ cmh on hond r￿d L*ll doposlts. and other 8hort.tomi Njh Ilquld In￿tMont4 th•1 r•&Y1￿ conv8rtl1￿O to a •rnount of c••h and I￿JeCt to an kn81gnlllc￿I rf•k of c*ange In vatue. Fund •tructur• Unrn•trl¢tsd Incom• fund• •rn 9•A￿l fuTrJi Ih•t w• *v•knbl• lor ui• •t tho lju￿# dhcrnlon In rth•TaTrx oflho obJ•CU￿ oflh• tharlty. R••trl(l•d Irts3rna fundB oro Iho80 donat•d for u8• h) a pard¢ul•r or tr gpoeth purrAIMB, tho uee ol%thlch l• ro*rfrXod lo Ih•t or purpoi•. P•n•lon• •nd oth•r po•t Thtlr•m•nt obllgitlom The tharlty opgratOB & doflngd ry)nlrfbutlon P*r￿ s¢*•m? li a p•nI1￿ p￿n uThler flxed ￿nbIbUl￿n8 aro pald Into o pBn3lon lund and th• Oh#￿ has legal or con8truEU¥q obllgauon to pay furiher ￿nIAb￿￿On$ ev￿ W Iho lund does not hdd 8uffld•nt 018•ts lo pay s118￿0￿?88 the b•nofil8 r•laUng to ernployoB In Ihè currnnt and prtor p8rlods. Contrlbullons to ddlnod *in wh•n, and whon there a￿•t8 8 Iwlly •nIOr￿9bI• rfght to 8et off tho r•cO￿nI&*I •mOUr￿ •nd th• Int•nd• •lthw to on o not ba•Lq, ortrs reall￿ tho ••MI and e•ttkn th•1lablNty 8knuh•ne¢yJily. FknBn¢lol a8••lA •r• d•r•c4gnl••d vth•rn Ind orty •) th• ¢fjnlr•otu￿ ￿hts to th• c••h from th• flnandal as8•1 •xplr• or ar• 8•tU•d, bl th8 th•rlty tranBf•rs to *nott* paty •thI•nJa1￿ wll th• •nd r￿r￿8 ol wnornhlp 91 th• Iln•ncl•l 48MI, or ¢) th• ¢h•rfty, d•8plt• h•vkng rgthln8d ogm•, bul not Ill, 11gnffl￿nt d•k8 ind r•wath of h•B tr•n•f•rr•d Gonlnl of th• •M•l to Ih•r ￿ty. Flnanclal Il•blllUw ar• d•rncognl••d only wh•n th• obltg&kn •pooffl•d In lh• contr•¢* bl ¢IKh•ryed. c¥nGelW oraxptro8. D•bt In•trum•nt• th• condKloni r*• 8iibi•qu•nJy rnwumd #i amDrtl••d J Incom• from don•tlan• •nd l•wk• Tgtal 2024 fvndB DoMtlon• D(￿•tIjnS dlr DoMtKJni Jst Gmng T•nt app•o1 Glft r•¢•lved Gfft old rncklm•d 22,003 0,349 2,870 823 449 SWC granls rec4￿8d 8G Rlppl• Pr￿0￿ Fundlng w(￿an Hrnt Homelw8 Unk Othw ¢yJr• grnnto ToThidy DIS￿¢1 Counr TronslUonB Projects Wo•1 D•b￿n & Torrldg IA169lbank CH & SCT OND- Fla Core 20 6.538 36.280 20.trfJo 24,gM e,038 30,280 20.wo 24,944 3.CQO 149,642 3,1)00 142.37a 80,826 22222 22.222 150.590 10,000 150,590 10.000 Pag• 18 Encompas• 8outhwost Nol06 to th• Fln•n¢lal 8tat•ment• for the Y•ar End•d 31 March 2024 Totsl 2024 Communlty M•ttoYs Naknal Grtd North 08von County Council Nallonal Lottery Flgh Fl( Youlh D•von M•ntal H••llh 6upwt HOPE Nlght 8hdt•r Wknt•r Pr•••ur•• 7,603 278.553 123,317 22,207 26.307 46.158 41,512 16.293 1,112,750 81,587 196,986 123,317 22207 26.307 48.1U6 41,512 962.273 Unn•trlcl•d RHtrlct• fun fiJnd• Total 2023 IYonatloTr• Donallons Candar Orffj•tkn8 Ju8t Gfvlng T•nl 4ppoal Glft Ajd roc•lwJ 10.YJ4 6.349 10,334 6,349 1.8&4 3.704 3.704 8p•eMlo gr8N• f•¢d¥fjd BGET Chlldm In N••d Found•don Rlpph Prol•ot Fundlno Oth•r corg gronts Torrldge Dlthct Ctyjncll T￿n￿OnI Pr4oct. Woyt Dalr￿ & Tthdgo DPT M•nt•l Hèalth F￿d Wool￿nk CH & scr ONO-FI Core 20 CoL•b Communlty M8tterB Nalonjl Grfd North Dovon County CO￿￿1 Nal¢)n41 Lthry Hlgh Fl North Dwon VoluntwrB Y¢Jth D8von Menty Heallh Supwxt HOPE 9.871 33.021 SO.335 9.871 33,021 00.335 27,280 20,000 4,250 134,241 57.7g8 25,770 22.222 220.6B3 29,000 48.787 27,200 4.260 134241 57.796 22222 226,593 29.fA 48.787 2,005 83.710 112.339 150.323 112.339 4.￿)0 20,000 45,000 1045 124 20,CQ) 45.IX 140,862 Pasp 19 Encomp￿ 8outhw••t Not•• to th• Flnanclal 8latom•iits for th• Y•ar End•d 31 M•r¢h 2024 Total nd• fund• Ins￿1￿1 work SuFVOrt•d aC￿MM¢>JIt H￿J8[na 1BI Incom• 8,312 482.821 9.159 17.471 462,821 32.218 512,SD8 Total 2023 31216 41,375 471.133 lund• fvnd• Invotc•d work Supportgd 4coammc•Jatlon Hou•lng 151 In¢orn• 409,017 409,242 27.922 27,922 410.982 S In¢om• fr•rn oth•rtr•dhy• •￿¥1 Total 2024 Tol•l 2023 Fundrnlolrwj In¢off 350 350 • knV••tffi•￿ Tot•1 X124 Tot•1 202J fund• Bank Intere8t rocolvabl 4.851 1.V26 4.851 4,851 1.828 7 exp•ndlturn •n r*lBlng fund• •) Co•ts ol g•rnrnllnB don￿10￿¥ •nd hycl•• Unrntrlcl•d fund• R••trlat•d fvnd• Total 2024 Co•ts of rowng •rKI bg•dey 24 pa￿ 20 Encompa$* 8outhwo8t Not•$ to th• Flnancl•l Stat•m•nt• for th• Y•ar Enthd 31 March 2024 rotll 2023 rth fvnd• Coats ol thlng df￿0110nB and *odo8 8 Ejpndtturn ¢hirlt•bl• actl¥lO•• Tothl funds Ch•rfl•bl& 4cUvltt•8 kK•t•d 1upport0￿* 585.752 13.688 S99.420 1,079.780 1,666,032 1.879,200 Ta¢•l 2023 lundB fund• Chartlable adv11￿$ Al￿ty0 I￿POrt ¢0 69.716 804,843 1,374.559 3,887 373.803 Pago 21 Encomp￿1 8outhw•st t4ot•• to th• Flnan¢lal Stat•m•nt• for th• Y￿r End•d 31 March 2024 9 AMlpl• of •upportco•ts sUp￿rt ¢￿tI alloothd tr• oh•rMabl• •ctMtI•• •upport Total 24 2023 11,862 11.ae2 1.800 13,ee8 Pwll c4>Jts 13.888 3,887 10 An￿￿1• ofgrnnts 2023 Anaty•l• Grnnts to kndfvI￿115 11 N•1 IneoffllnW•ng M￿r¢ Mgt {autgolngMnmkng r88our￿ lor s••r Ind￿•. 2023 offlx•d •sMt* 7.218 9,624 12 Tnrnl•M r•muMf4tlon •xp•nM• P4) Iru8t•O8, Th)r any por80ns ¢A)rng¢tsd *lLh th•m, hw• I￿1¥•d 4ny r•munw•tknn from th• trority tho yoof. No truBto•8 hAVe re￿1￿￿ gTry fdn*Yr￿ •xp•nM• IrryTrth8 dwvity durfThJ th• ￿r. 1$ *aff co•t• Th• aggrng•to ￿10 ￿ frJllo￿. 8taff ea*t• durlng th•>¥*rw•rn: W•ge8 8TrJ $918￿0& Sodal Jjcurity r/J•t• 922.&98 75.11B 768.805 58,129 32,444 659.378 1,037.708 Encompa•s Southw••t Not•s lo th• ￿nancIal 8t4tsm•nts for the Year End•d 31 Mar¢h 2024 Th? Averag• hood count of ampl0￿08 durtng th• ¥eBr 4612023,. 39). Tho wag• number of I￿tIm9 0qu1val￿1 em￿0￿ durtNJ the 5wr IB and>•od 40 fdlw: 27 ND ernplw• rocthd of mom than £8ODXI th• y•ar. 14 Audltorn. •x•mln•don f••• X24 Audlt faom 11,e62 18 T•nglbl• fa•d aM•t• v•hkl Tot•1 Co•t At 1 Aprll 2023 At 31 Mar¢h 2024 38h94 38,494 38,494 D•pr•elitlon At 1 &orM 2023 ChoTg• for the Al 31 March 2024 9.824 7,218 ,824 N•t bo•k y￿U• At 31 Moreh 2024 21,652 21,852 At 31 M#rch 21Y23 28.870 28,870 18 D•btor• 201> Trade debtcY8 113.031 27,519 0 1912 114B1 2B.431 17 C••h Ind c••h •qulv•l•nts Cash at bank 395,018 Page 23 Encornpa88 Southw•st Not•• to th• Flnanclal *atsm•nts for th• Y••r End•d 31 M•r¢h 2024 18 Cr•dllor•; •mount• f•llkno du• wttbln •n• y•v 2024 Tr•J• cradlto Acuuo18 21.532 40,500 62,032 21,815 24.615 19 P•n•bn and oth•r •ah•n D•fift•d ¢onlrlbulk*n p•n•lon •¢h•ffl• Th• ¢h•rfty op•r•ts• a d8fin•d cY4•r r•pt088nts vJntrlbuth)n• by th• ch•rlty to lh• •th•m• •TKI wnounl•d to £38M87 (2023 . £32.4U). 20 Fund• 1 Aprll Incomkry R••ouro•• 31 Mxch 2024 Umr••trlct•d fvnd• Gonoral Fund• C¢￿lIng￿)ry Fund C•rnlar Advlc• C• Support•a A¢¢rynothlc Compl•x Care T•oM8 Wlnlor A¢¢omrTKxl•lon 142A96 7,3e9 3SS.996 (284.9J31 132024) 28.000 180.703 32,389 3.493 10,Q(KI 18.358 212,eoo 22322 17212 115,656) 1253,9111 122,222) 115,5511 18 lo￿71 30,390 1,881 195295 628.437 27 586 R•￿￿al•d lund• SpgGific Grant8 Conllnyncy Fund• R&C Torrfdg• 8nd W••1 D•von CNldrnn In N•wJ 2018 BG￿ Mon•y4A Ilpp4o PioJ8Ct HtyJ8ing Firgtrrothdge 4,845 1.8a1 9,199 19.7841 14,080) 11.881) 160.6261 122,4381 (28,9881 113.8381 22,708 (2721 35,280 20,000 8.324 26,688 20.522 38.696 3,640 9282 114,81 60.831 1n,ge4 (12e.7731 154.600) (182,246) 26239 9,871 HIU P•y 24 Encompa8• Southw Nol•• to th• Fln•ndal 8tat•m•nt• for th• Yur ended 31 March 2024 Ba￿￿¢4 •t 1 Aprll Inoomlno R•sourc r••ouro•• •xp•nded Tr•n•f•r• •l•nu at 31 March 2024 TOC Covtd H&rd•hlp Youlh Ifow OND Primary Straoiwl8a Torfd9e OND Communlty flry OND StKondary fl( DPT M•ntal h￿1th 2T,￿o 22.207 {16.4301 1222991 143.4261 135.5211 (73.7511 (39.4241 132 (24,0841 (10.5701 8.621 18AD3 8,529 35.521 02,108 19.437 21,880 212 12.768} 1641 (21.8801 235 19,TT5 2,838 14,148 21,880 Cornfflunlty Flow 2 Cc#mmunlty M•ntal 2,061 21,420 2,338 32,67T 120.720 {34,2311 1130,0841 138.5671 (1,IJ07) N•tlon•l tott•ry SJfqr SIr￿tr Cornmunrty m8tt•rd NaUonBI Grkl Fund CornmLbnlty Manlal H•a#h NO￿tor 18,07e 8,307 <501 18,151 6,0 117,8311 145) 15.320) 5,961 9,916 M•nt•l Heqth Wlnlor pr￿urn 41,S12 26J07 18,293 (33.6121 {19,e491 (7,816} 48,206 7,%6 233407 1003048 127,379 1082 110 (7,900) HOPE 8,658 8,478 Nlght 8hthr Tolal fvnd• 428 702 1830,085 L 377,267 Poa8 25 Not•• to th• Flnancjal Slatomont• for th• Y•ar End•d 31 March 2024 B•lon¢• Al 1 Aprll Incomfiii R••our¢•s •lanc• at 31 M•rch 2023 iknre•tvlct•d fund• GÉnarnl FuNJ8 Contlnprw Fund CarKler Advlc• C•nts• 125,052 46A49 {58.1411 27.135 142.495 7.369 454.807 22.222 116.489) (448A831 1222221 690 IS,871 7Y7 Compknx Car• Twm• Toffldg• Slr••lvA80 wlnt•rAKoMff￿d ONO. 8•c4J)dary Fk)w BGET m•tch8d ￿n(kn9 Flx•d •M•ts 33 (16) 213 18Jy)O) 20.783 (20.7481 (213) 18,Ot)) 38.494 206,016 $63.600 9,824 573.667 28,870 195,295 9.366 Spaclffic Gr•nts Conllngoncy Fund8 R&C TOrr1d￿ and W• D•von Chlldrnn In N••d 201 0￿M¢h Fundlng Rwgh Skryopor BGET Monwwl Rlppl• Project Hou*$ Flr•irrorrfdq• TA53 1081 9.871 {12,779) 1,881 1i,e491 10,170 1,78 1A10 3.971 7.543 57,798 {e1,8221 {37.7971 IT091 5,475 22,708 {1.077) 11A101 6299 33.021 20.WO 1482911 17.0211 20,322 73.053 105.332 59.SlX) 88,407 23,400 20,1))) $6.T21 35.PJ21 (139,5251 180,8651 187.1261 18,028) (13,3791 {38.3181 {35.6731 136,5751 (38.8581 (1.2841 114.8521 {33.1201 11841 38,896 HIU 9,282 TDC Covid H•rdih Y(xth Iyow OND Prfm4ry Stro8twJg8 Torrklg• OND CDrnnunty Ib OND S•¢ix￿ory kn1 DPT Mèntal h•allh Core 20+ COn￿Unity Aow 2 con1￿UnIty IAont•l H8aMh Lead Nalb)nal kjllery hp*i flow 4,938 120,3101 6.621 18,403 1f•2 75 12131 58.646 3,920 29.000 55,000 19,775 2,838 14.148 21.880 18.630 112.339 115,9691 190.9191 2,661 21.420 Pap 28 Encompa•• 8outhw•st Not•s to tho Flnanclal Statwn•nts for lh• Y•ar Ended 31 March 2024 B•lMic• al InC￿lIng R••oyrB•• 2022 r••¢w￿ •xp•nd•d Tran•fw• 31 Mwch 2023 17A98 115.1eoi Gommunty mattar8 N8Uonal Grld FuThJ Comrnunty Trh#Nh NAvig•tor {1.9021 (193) 27,077 (49261 18,151 4,000 805.4P7 9.366 932,809 233.407 115.861 Tgtal fund# 321.677 1he6,209 L 428,702 ct8d fun Th• trust0￿ hav• d•tyiat•d wt of th• Unraltrfe￿ fr￿d$ of lh• charfty to enwjrn that th• fund• r•1$￿ 8p8c1r￿1fy for r*rtth svol•rl•. •nd thown ￿ 8uth in the restr1d￿ r•8ervo8. hava 8ufficl•nt rnsourca to ts)mpk* th￿8 fundB arn dB*wt•d from tho go￿￿1 knKlrw8lng of tIKI En¢ompaB8 Soulhwt wovkl•i • vwl•ty af Indud•: ep•dallBt houblng •nd dom88lc & atxual ¥Aoleneo support to WOM￿ ¥￿th multlplo do5￿v*nt8g08. Rough 8188pgr outrt8ch. Hou81 Flr81I young par￿￿,8 houalFvJ 8UPPOrt. Hlgh Intensty U80r IHIUI, Montsi Hgallh Support, Monoy a Dabl *dvle• and 8pe¢lall618VPP0rt￿ I¢￿￿MOdatIOn. Mthny of Iho fundlng wo rac*1￿ 16 r08trfct8d fundlng and th89• Include: N&llono1 Lottory Communmy Fund. Tothdgo Dl6lrtci Co￿¢11. North Dèvon Coundl, Int•llrnMd C•r• Boqrd, Hom•l•M Llnk and Dovon CommurtloB Foundalon. 21 An•1￿• of n•t u••t• b•lw••Tr fund• Unn•trf¢tsd fund* Q•n•rnl T•t•l lund• R••frl¢t•d •131 M•r¢h fvnd• 2024 T•rolblg flxod •1set8 Currnrl 8888ts Curr•nt 11a￿11￿ 21,652 254.898 8,672 127 249.878 ￿78 377 257 21,662 417,837 62,032 182.n9 Totsl rwl assats Page 27 EnMmpa•• 8outhwMt Not•8 to tha Flnanclal 8tat•m•nts for th• Y•ar End•d 31 Mlreh 2024 Unr•*rf¢t JDd* G•n•ral Tot•1 fvndl R•mtrfat•d at31 PA•r¢h funds 2023 T*wble fixed 888ets Curnnl a88ats Cw•nt lknblllUo• 28.870 424,447 4,816 428,702 1Q6,916 20,491 195,295 237,531 4.124 Ttytal net •M•ts 233.407 22 R•lthd yrty tr•￿￿1¢￿# Dwlng tho ￿•r, lh• pdd £19.081 I2￿23. £411791 ty Noth D•von Aylrnt DomMlk Abu•• Llmtt•d In mp•ot of • pertn•r•hlp •or8•m•nt. lrnn• Hockkn L• a TN•t•• of both ch•rlkn. Pap 28