Apple Pie Enterprises Limited (A Company Limited by Guarantee) Company No: 5020144 ChaTity No.. 1147901 Report and Flnancial Statements of Activities For the ear ended 31 March 2025 Apple Pie Enterprises Limited Company No: 5020144 Charity No: 1147901 Report and Financial Statements of Aetivities for the year ended 31 March 2025 Contents Page No Tn￿te¢￿' Rep)rt Independent Examinevs Report Statemeni of Financial Activities Balance Sheet Notes 9-12 A le Pie Ente rises Truytees, Re .A..A emedi ori For the ear ended 31 March 2025 Th¢ Truste¢s. who are also Directors of the charity for the purposes of the Companies ACL present their annual report and the fInan¢ial statements for the year ended 31 Matrh 2025. The financial ststements have been prepared in accoTrlance with Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) appIl￿ble to charities preparing their ac¢ounts in accordance with the Financial Reporting Standards applicable in the UK 8nd Republic of Ireland (FRS 102_ effective l January 2019). (Charities SORP- FRS 102) and the Companies Act 2006. Ob ecilves andAeilvlile or ihe Publlc Bene To enable young people from disadvaniaged communities io develop their skills in media and the arts To develop personal skills and attitudes thal will help young people in any profession they choose. To empower young people lo tske Control of their lives and ￿rne matu￿. independent and responsible members of 50ci¢ty. To help young people develop self participate in rap contests, and bond over activities like table tennis. FIFA tournaments, and board gam¢s building friendships whil¢ developin8 communication skills. The impact has been significani: Improved mental health and self¢ste¢m through consistent creative engagement. - Safe. welcoming spaces that diverted youn8 ￿ople from negative influences. Stronger community ties, with inlergenerational moments (su¢h as a 70-year￿Id and 17-year-old sharin8 the Slage log¢th¢r) demonsiraling the unifying power of creativity. - Pathways into mainstream education, employment. and prOr￿s1on8l opportunities for participants who had previously been excluded or disengaged. Ape Media's role as lead proje¢t manager and creative producer ensured the partnership held tO8eiher, funds were managed effectively. and the programme's artislic ambitions were realised. Crucially, our external ¢onsultsnts spearheaded delivery: engaging directly with young pcoplc, co-designing the studio, and securing local partnerships with Piciure House Cinern8 to amplify local stories on a wider stage. 2. Adopted Geordies Pod￿$t- Ape Media prodllction Adopted Geordies is a dynamic football podcast fronted by comedian Asim Chaudhry and broadcaster Andy Jaye. It celebrates belongin8. identity, and the shared love of Newcastle Unitedj proving that passion for the game transcends geography. The series blends ¢omedy. exclusive access to players, and en8aging fan conversations, creaiin8 a vibrant digitsl ￿MmunIty. Ape Media was the creative producer, WTrproducin8 8lon8side The Podcast Room and We Are Klang. We ensured editorial direction. guest curation, and high production values while building an audience across multiple plaifornjs. The Show has attracted significant attention online. fostering fan dialoguo and hrostdening rgpr¢8cntation withln sports m￿14. Watch and follow here: hit s'.Ilwivw. oulube.c Ado edGeordies 3. WL8e Words Podeast Series - A 72Point & Ape Media productiott Hosted by veteran broadcaster David Hamilion, Wise Words is a four-part pod￿St series celebrating later life through themes of love, adventure. food. and friendship. Produced in eollabordtion with Parsley Box for 72Poinl, the series challenged stereotypes of agein8 and gave older people a warni, humorous, and inspirational platfomi to share their 51ories. Ape Media served as creative producer, overseeing techni￿] delivery. production managemenL and creative direction. An external consultant spearheaded the concepL Kript development. and presenter engagement, ensuring the final 5¢ries resonated with authenti¢ity and charni. This partnership not only enriched public conversatlons about ageing but also extended Ape Media's intergenerational reach. Watch and follow here.. htt sjlww. 'ouiube.coml Parsle BoxLimited Financial Revie The results of the Company for the year are shown in the Annual Accounts set out on pages 10 to 14. The Company had total income of £83.053 and total expendilure ivas £69.691. There was a surplus / (deficit) of income over expenditure of £13,362. Funds and Reserves The Directors ￿nsider this level of general reserves as insuificient and are developing strategies for fundraising. The Directors would like lo reserve £10,000 for unexpected costs or fluctuations in planned income. Reserve Poli The Board of Directors has examined the Companies requirement for reserves in light of the main risks to the organizalion for specific purposes or otherwise ¢ommitted. The Board of D1￿Clor$ considers that, given the naiure of the Companies work, the level of ￿SerVeS should be. lo have sufficient working capital lo cover Costs i.e. staff redundancies and closure costs at any one lime and allow the charity lo cope and respond to unforeseen emergencies whilst specific action plans are implemented. In the short lemi the Board of Director$ has also Considered the extent to which existing activities and expenditure curtailed, should such ¢ir¢umstances arise. Risk Review The major risks (Covid-19 and reliance on historic funders) to which the charity 15 exposed have been reviewed and systems are being Cstsblished lo mitigate those risks. funding risk 1$ being addressed throu8h building new partnerships and diversifying sources of funding. Members of the Board Metnbers of the Board. who are Directors for the purpose of comparty law and ¢rn*ees for the purpose of Charity law, who served during the year and up to ihe dale of this report are set out on pa8e l. In accordance with company law, as the company's Directors, we Certify th81: so far as we are aware, there is no relevant audit infomiation of ivhÉch the ¢omp4ny'3 audilors are Iinaware. and as the directors of the company. we have taken all th¢ steps that we ought to have taken in order to mak¢ ourselve5 awar¢ of any relevant audit infomiation and to establish that the charity's auditors are aware of that inforn]ation. Audit Exem tion As the Company's turnover was less than threshold, the Dircctors have ex¢￿Ised the right to full exemption from audit of the Flnancial Statements. Re erence andAdmlnistralI￿ In Truslees.. ormaiion The trustees who served during the year ended 31 March 2025". Mr. Richard Brooke (Chair l Director) Sam Brown (Director/ TreaSu￿r) Ms. Angel Mills (Director/ Trustees) Mr Trevor Blacknian (Director / Trusttts) iglered O lee.. 39A The Broadway London E15 4BQ Conwany No.. 5020144 Charlty No.. 1147SYII Bankers.. HSBC Bank PLC s9￿1 The Mall Sirdtford C¢ntre London. E15 IXE Independeni Examlners.. Glory Community Accounting Services 318 Barking Road London E13 8HL Res onsibilities of the Board of Dire¢tor8' Company Law requires the Board of Dir￿lor$ to prepare financial statements for each financial year, which give a true and fair view of the stale ofaffairs of the charitable company as al Ihe balance sheet and of ils incoming resources and application of ￿SoUrceS. including income and expendiluff for the financial year. In preparing those financial ststements, the Board of Directors are required to: Select suitable accounting policies and then apply thcm Consistently - Make judgment and estimates that are re850nable and prudent; Stale wheiher applicable accounting standards and Statement of Recommended Practice have been followed, subject to any maierial departures disclosed and explained in the financial statement and.. - Prepare the financial Sialements on a going concern basis unless it is inappropriately to presume that the company will continue lo operate. The Board of Dircitvrs are responsible for keeping pmper accounting ￿Cord￿ which disclose with reasonable aceurdcy at any time the financial position of the charity and enable them lo ensure that the financial statements ¢omply with applicabl¢ law. They are responsible for safeguarding the assets of the charity and hence for laking reasonable s¢eps for the prevention and detection of fraud and other irregularities Approved by the Board of Directors, and sign¢d on behalf by: Trevor Blackman (Director) £1 I'l Z(L{ Independent Examiners Report to the Members of Apple Pie Enterprises Limited (APE) I report on th¢ atta¢hed Financial Statements for the year ended 31 March 2025. which are set on pages 8 to 12 and have been prepared on an a¢crual basis. Respective respDn$ibilitifs of Man4ement Committee And E￿￿]Der. The tnESte¢s (who ar¢ also the directors of ihe company for the purposes of company law) are respon5ibl¢ for the prepar81ion of the accounts. The eharity's twstees consider that an audit is noi required for thi5 year under s¢¢tion 144 of the Charities Act 2011 (the Charities Acl) and that an independent examination is nevJ¢d. li is my responsibility to: examine the accounts under section 145 of th¢ Charities ACL to follow the procedures laid down in the gen¢ral directions given by the Charity Commission under section 145(5Xb) of the Charities ACL and to stale wheth¢r particulor matters have com¢ to my attention. BAyls ot Ind¢pendent Examiner's St•tement: My examination was carried out in accordance with general dIr￿tionS given by the Charity Commission. An examination includes a review of the accounting re¢ords kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in ihe a¢counts. and se¢kin8 explanations from the trustees concerning any such matters. The Pr￿edUreS undertaken do not provide all th¢ evidence that would be required in an audit. and consequ¢ntly no opinion is given as to wheiher the a¢¢ounis present a'true and fair view. and th¢ report is limited to those matters sei out in the statement below. Independent Examlner's Statement: In ¢onnection with my examination. no matter has come to my attention to indicate that.. acountin8 rewrds have not been kept in &C￿rdanCe with se¢tion 386 of the Companies Act 2006 the a￿OUnts do not accord with such rea)rds where Aee.oiinis are pr•partd on a 4Gcru41 bttsis. whether they fail to ¢omply with relevant accounting r¢quir¢ments under section 396 of the Cornp8ni¢s Act 2006, or are not consistent and with the Charities SORP {FRS102) any matter which the examtner believes should be drawn trj the attention of the read¢r to 8ain a proper understanding of the accounts. Hasina Jahan (DFf. M Com. MAAT. MBA) Glory Community Accountin8 Services 318 Barking Road P12iStow London E13 8HL Glwy Commuilty Ac¢ountibg Servita 318 ￿rkIng Road E13 8HL Date: $119126)X . Apple Pie Enterprises Limited Statement of Financial Activities For the year ended 31 March 2025 Income Notes Restricted Umrstricted Funds Funds Tot41 2025 Total 2024 Income from Charitsble Activities 82,846 82.846 56,740 Income from other activities 207 207 195 Total Ineome 82,846 207 83,OS3 56,935 enditure Expenditure on Charitable a¢tivitie< 63,564 6,127 69,691 56,812 TotAI Expenditure Nel Income / (Expenditure) Fund brought fonvard Tota] Funds Carried forward 63J64 6,127 69,691 56012 19,282 (5.920) 13,362 123 25,735 24.575 (1,159 1,282 6,453 18,655 12203 1,159 Apple Pie Enterprises Limited Balance Sheet as at 31 March 2025 Notes 2025 Fixed Assety Tangible Assets 2024 76 109 Current Assets Cash at Bank l in hand Current Liabilitie8 Creditors.. (amount falling due within a year) 13.627 232 (1,5(M)) (1,500) Net Current Ass¢ts I ILiabilitie8) 12,127 1,268 Net A8s¢ts Total 12.203 12,203 (1,159 (1,159 Funds and Reserv Restricted Funds Unresiricled Funds Total (6,453) 18,656 12,203 (25.735) 24.576 {1,159 For the year ¢nd¢d 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Dlrector'$ regpon$lbilities: - the members have noi required the company to obtsin an audit in a¢¢ordance with section 470 ufthe Companies Act 2006. - the directors ackowledge their responsibilities for complying wlth the requirements of the Act with respect to a¢counting records and the preparation of accounts: - these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companie5, regime. Approved by the Board of Trnstee's and signed on behalf by: Trevor Blackman (Director l Trustee: Date . Apple Pie Enterprises Limited Notes to the Financial Statements for the year ended 31 March 2025 l. Accounting Pollci¢s {a) Basis ofpreparAtion 2nd aSSe￿￿ent of going coneern: The fInan¢ial statements have been prepared in a￿ordance with Accovnting and Reporting by Charities:Siatem¢nt of Rewmrnended Practice (SORP) appIl￿ble io charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102- eff￿tIVe l January 2019) - (Charities SORP- FRS 102) and the Companies Act 2006. The Charitable Company meets the defll)ition of a public benefit entity under FRS 102. The Financial statements have been prepared under the historical cost or transaction value unless otherwise ststed tn the relevant accounting policy or note. Company without further specified purpose available as general funds. (b) Unrestricted Funds Unrestricted income funds ¢ompTise those funds which the ttwtees are frce to use for any purpose and are in furtherance of the charitable obje¢ls. (c) Restricted Funds Reslricled funds are funds which are lo be used in accordance with specific restrictions imposed by the donor . (d) Income reeognitio All income is recognised once the charity has ￿titlern￿t to the income. there is sufficient certainty or receipi and so it is probable that the income will be received, and the amount of income receivable Can be measured reliably. (e) Expenditure recognl¢ioD Expenditure are recognised as soon as there is a legal or constructive obligation committRng th¢ charity tv tha( expenditure. it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an a¢cntals basis. All expense5, including support costs and govemancc costs. ￿ allocated or apportioned to the applicable expenditure headings in the statement of fmanciaI a￿1VItIes. (fj Allocation of support and governance costs Support costs are those functions thal wist the work of the charity bul do not directly undertake charitable activities. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good prdctiee. Apple Pie Enterprises Limited Notes to the Financial Statements for the year ended 31 March 2025 (g) Charitable activitles The expenditure on charitable activities includes grants made, governance Costs and of support ¢osts as shown in note. (h) P¢nsions Employees of the charity are entitled to join a work place pension scheme which is funded by contributions from employee and employer or alternatively they may have opted lo join the group money purch￿ defined contrlbution I￿nsiOn scheme. (fi) Corporation Taxation The charity is exempt from lax on income and gains failing within section 505 of the T￿¢S Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent thal these are applied to its charitable objects. U) Fixed Ass¢ts . All assets costing more than £500 are capitaiised and valued al historical cosL Depreciation is provided at the following annual rates in order to wrik off each ￿Sets over Its estimated useful life. Fixtures and fittings - 25% on reducing balance Computer- 330/0 on reducing balance 2. Income from Charltsble Actfvitieg 2025 Totsl 2024 Total Funds Funds Edmonton Community | Bi8 Yellow Panda 72P LTD 65.680 65,680 14,300 2,866 33,075 BBC Children in necd Big Loitery Bulgarian Centre Total Income 9,710 9,955 4,000 56,740 65,680 82,846 3. Income from other 2¢¢ivitleJ Restricted Unrestricted Funds Funds 2025 Totsl 2024 Total Donation / Other Income 207 207 195 Total Income 207 207 195 io Apple Pie Enterprises Limited Notes to the Financial Statements for the year ended 31 March 2025 4. Expenditure on Charitable activlties Restricied Unrestricted Funds Funds 2025 Total 2024 Total Freelance Staff costs Events I Production Tutor / Master Classes I Consultant Rent l Ra* i Venue hire Telephone I Internet I Websilc Insurance Small equtpment Support & Govtrnance Costs (5) Depreciation expenses Mentoring expenses Volunteer expenses Training Bank charges Sundry expenses Publicity To¢91 13.426 16.910 6,875 16,359 2,720 668 576 13.426 16,910 6.875 16.359 2.720 668 576 5,534 33 1,500 500 3.300 60 500 730 69,691 13,132 16,213 6.440 13.320 2.776 600 1,000 1.513 47 5,534 33 I.5￿1 500 3Jth) 60 27 1,084 56,812 500 730 63,564 6,127 Restricted Unrestricted Funds fimd 2025 Total 2024 Totsl 5.Support & Gov¢rnance Costs Legal fe¢ & Other Accountancy Fee Management fec Total 34 1.500 4.000 lJ34 34 1.5(Kl 4.000 SA34 13 1,500 1,513 Apple Pie Enterprises Limited Notes to the Financial Statements for the year ended 31 March 2025 Music & Fixtyres Computer and Fittings Equipment 6. Tan ible Fixed Asse¢J Total Total 2025 2024 Cost as at start of the year Additional 16,179 11,271 1.000 12.271 27,450 1,000 28,450 27.450 1,000 28,450 16,179 Depreeiation As at 31 March 2024 Charge for the Year As at 31 March 2025 Net Book Value 4s at 31 M4r¢h 2025 16,138 io 16.148 31 12,203 22 12,225 46 28,341 33 28,374 76 28,294 47 28.341 109 7. Creditors Accrual ex enses 2025 Total 2024 Total Accountancy fees Total 1.500 1.51)0 I￿00 12