THE MITIE FOUNDATION
(A company limited by guarantee)
ANNUAL REPORT & FINANCIAL STATEMENTS
31 March 2025
Company Registration Number 08107587
Charity Number 1148858

THE MITIE FOUNDATION
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 MARCH 2025
Contents
Pages
Tnjslees, Annual Report
Reference and Administrative Inf0M￿tIOn
Independent Examiner's Report
10
Stalemenl of Financial Aclivilies
11
Balance Sheet
12
Cash Flow Statement
13
Noles lo the Financial Stslemenls
14-18

THE MITIE FOUNDATION
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 MARCH 2025
The directorsltrustees present their annual report and audited financial statements of The Mrtie
Foundalion I'lhe Foundation") for the year ended 31 March 2025. This reFX)rt and the financial
statements have been prepared in accordance wf(h the provisions applicable to small
companies enlrtled to the small companies, exemption and in accordance with the accounting
policies sel oul on pages 14 and 15.
The legal and administrative details sel out on page 9 fomi part of this reF¥Jrt. The financial
statements compty with the currenl statutory requirements. the Foundation's memorandum
and articles of association and the Statement of Recommended Practice FRS102. The
financial statements have been prepared under the historical cost convention, in accordance
wrth applicable accounting standards and the Companies Act 2006.
Structure* governancè and rnanagement
The Foundation is a company limited by guarantee and its directors, for the purposes of
company law are also trustees for the purposes of charity law and those who served during
the year and lo dale are shown on page 9. For the purposes of Ihis report they will be referred
lo as Iruslees.
The Foundalion was incorporated on 15 June 2012, regislered as a charity on 6 September
2012 and began its activities on 1 April 2013.
On appoinlmenl, new trustees are fully briefed on the objectives of Ihe Foundation and their
role as Iruslees. They are also provided with a copy of the Charity Commission Guidance for
Iruslees and a copy of the Foundation's memrandum and articles of asstxialion.
Trustees give their lime volunlarity and receive no remuneration or other benefrts. Trustees
are required lo disclose all relevant inleresls and wrthdraw from decisions where a conflict of
interest arises.
There musl be a minimum of two Irustees but no more than nine. Up lo three trustees may be
appointed by Milie Group plc I'mitie") by way of written notice lo the Foundation. All current
Iruslees have been appointed by the decision of trustees.
The trustees are responsible for delemining the overall strategy of the Foundation, however
they delegated managerial oversight responsibilrties to Jasmine Hudson up lo 31 March 2025
and Kathryn Dolan from 1 April 2025. Key management personnel are determine(J to be the
Iruslees and the Head of the Foundation. As all Foundation staff are seconded lo The Milie
Foundation from Milie Group plc,. no staff, including key management personnel are directly
paid by The Mrtie Foundation. Employment beneffts for the seconded Head ofthe Foundation,
as key managemenl, are determined through intemal Mf(ie Group plc pay review processes.
The trustees have considered the major risks to which the Foundation is exFK)sed. These have
been reviewed and systems and prctedures have been established to manage those risks.
An example of an identified risk is lack of investment. In the event of insufficient funding and
resource investment, the long temi viability of the Foundation and the work it undertakes Could
be compromised. This could cause reputational damage as it would hann Mitie's sustainability
framework.

THE MITIE FOUNDATION
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 MARCH 2025
Objectives and activities
The Foundation's vision is to raise aspirats'ons and unlock people's true potential. The
objectives of the Foundation, as set out in ils articles of association, are broad, allowing the
charity lo carry on any charitable activty within the law.
current￿ the Foundation has three main objectives:
To enhance employability
Support community through Volunteering
Provide sustainable Employment opportunrties for underrepresented groups
Enhanclng employabillty
Helping people wrth barriers lo employment and social mobility is the core aim of the
Foundalion. The Foundation works in partnership wrth Job Cenlre Plus {"JCP"l and others, lo
deliver employability programmes {Ready2Workl which give people a chance lo demonslrale
their skills, primarily through on the job work experience.
The Foundation uses its relationship with Miiie businesses. clients and suppliers, as well as
other organisalions to secure appropriate work placements for candidates and helps them
seek employment al the end of the course. On all work programmes, candidates receive
coaching and support from the Foundation team. speCif￿al￿ focussing on identifying
transferable employability skills and making sure their Cvs reflect these. The candidates on
the Ready2Work programme also benefit from a preemployment training week, run by Ihe
Foundation team, which is designed to clarify workplace expectations and encourage
participants to step outside their comfort zone and to develop confidence and communication
skills.
Ready2Work programmes improve social mobil￿Y in local communities by supporting people
wrth disabilities, refugees, people with cOnV￿10n$ and other groups with specific barriers lo
employment and is also available to support Mitie employees, friends and family who may have
barriers lo employment.
Together with our partner organisations and charities, the Milie Foundation has created three
additional variations of Ready2Work. These programmes are tailored lo the needs of
candidates who face specific challenges in showcasing their abiltty and polenlial. Ready2Work
Enable, the Enable programme assists participants wrth a disability or learning difficulties,
and also supports both Milie and the organisalion's clients in providing such candidates with
sustainable employment. Mitie Foundation is Disabilty Confident level 2.
Supporting Community Through Volunteering
Milie is committed to enriching the communities in which we operate. In support of this, the
Foundation manages the company's employee volunteering programme, Giving Back.
Salaried Mitie colleagues are encouraged lo use their 10 volunteering hours to support causes
in their locality. Hourly paid colleagues can also take part. upon client agreement and on a
case-by-case basis.

THE MITIE FOUNDATION
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 MARCH 2025
Milie colleagues can choose to support a cause that matters lo them. This can include
programmes delivered by the Mitie Foundation. opportunities with our charrty partners and
those housed on the DcplT platform. The variety ensures we can offer an exciting range of
impaclful volunteering options.
Mitie made a significant five year pledge which ended in March 2025 by committing 10
hours volunteering to Mitie Salaried colleagues. Mitie colleagues delivered 32,512
hours of meaningful volunteering in 2025. Delivering 8,832 hours above the tsrget.
FY24-25 the business had a target of 23.680. we surpassed this by delivering 32,512
volunteering hours.
Full 5-year breakdown below:
Year
Target
hours
Achieved
FY20121
FY21122
FY22123
FY23124
FY24125
8,000
8.098
14,650
19,298
25,130
32,512
16,320
20,720
23,680
Colleagues are also encouraged to engage in fundraising activities, raising finances for
community inrtialives and charity partners. The planning and delivery of fundraising a￿1Vrtie$
delivered in Milie lime also contributes towards Mitie's volunteering objectives.
Providing Sustainable Employment
To encourage talent from the Foundation initiatives and partners, we are now better linked with
Resourcing for both volume and specialist roles across the Mitie Business. Via our applicant
tracking system. Pageup {formeTty eArcul, we have launched a private career page available
only to partnered referral providerslcharities. Applications made from Milie Foundation
participants are now identifiable at 'source' on Pageup and will automatically be moved into
"under review. status. As a hiring manager we ask that all Foundation applicants who meet
the minimum critena are offered inlerviews.
Now our recording processes are fulty launched and accurate. we can aclivety track from
application to day one start across the busine55. These outcome5 a￿ measured Ihrough the
Foundation dasht%Jard showing our Foundation candidates from day one of starting in role.
The dashboard shares monthly data with our senior leaders, ensuring full transparency and
awareness, and can be accessed at leamlaccount level. By engaging with the Foundation's
initiatives and ulilising the talent pool we provide. we can diversify our workforce and improve
social mobilty within the communities we operate.

THE MITIE FOUNDATION
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 MARCH 2025
Social Value Managers and NeI￿rk of Champions
A ne￿Ork of over 10 Social Value Managers and various champions including Strategic
Account Directors across all Mitie business divisions has been established to help lo
communicale the Foundation's aclivrties and Social Value. Many of Ihese ambassadors are
also involved in supporting Mitie forums designed lo support diversity and inclusion and have
been organised into local networks and effectively act as the Foundation's voice within the
businesses, encouraging their work Colleagues and in some cases their Clients to take part in
organised volunteering events.
Public benefit
The trustees have referred lo the guidance contained in the Charity Commission's general
guidance on public benefit when reviewing the Foundation's aims and objectives and in
planning future activrties. In particular the Injstees consider how planned activities will
contribute lo the Foundation's aims and the objectives they have set and have therefore
complied wrth the duty in seclion 17 of the charit￿$ Act 2011.
Taking into account the Foundation's achievements and beneficiaries as described below, th&
Iruslees confirm that due regard has been paid lo the public benefit guidance published by the
Charity Commission.
Achlevements and performance
Following a restructure of the Foundation, the team have agreed and delivered a new Strategy
and focus to becoming more aligned to the Mrtie business and ils Social Value commilmenls.
Supporting 3 of the 5 core Social Value pillars, the Foundation provide quarterly updates lo
the Environmental, Social & Governance IESGI Committee, chaired by Salma Shah.
Below are examples of activities during FY24-25, within the Foundation's Core Pillars.
Enhancing employabillty
Read 2Work
Details of the progTammes delivered can be found bebw.
Read 2Work
London Enable
Cumbria
London Enable 2
London Standard
London Standard Securi
London Cleanin
Academ
Manchester Standard
Manchester Standard Secur
Total
Com
eled
Gained em
lo
ment
Asa¥o
25°1¢
100¥0
1000/¢
25Yo
62.5Q/o
50Vo
20.10
67.10
420
38
16

THE MITIE FOUNDATION
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 MARCH 2025
Updated -
rogramme
Launch Dale
rogramme
nd Dale
Programme
Enable
Region
London
291n April
5° Juty
Completed 6 5
40Wo
London-
Standard St Georges
Hospital
Standard Nottingham
Security (HMRCI
Standard
Security
Enfield London 23rd September 18* Octotjer Completed 8 8
Standard London
Security
(HMRCI
Stsndard
Engineering
Standard
Cleaning
Academy
standard
Security
Standard
Security
Standard Edinburgh
22r￿ Juty
13° September Completed 7 3
66.67¥.
16" September 18" October Completed 9 2
100%
100Y•
28th October 201h December Compl*ed 8 2
50%
London
28° October 13th De￿mber Completed 1 1
09
Leeds
251h November 13th December Compleled 4 4
25Vo
London ITFL) 251h November 201h December Completed 10 3
0%
Southampton 25th November 24th January Completed 6 0
Oyo
2nd D￿ember 201h December Completed 5 4
25Yo
Standard Bordon
3rd February April
Completed 4 0
0%
Standard
Security
Standard
Security
Standard
Security
standard
Cleaning
Academy
Cumbria
10th February 7th March
Completed 9 9
100%
Bimiingham
17th February April
In progress 9 2
100%
London ITFL) 24th FeLwuary April
Completed 3 2
50%
Black￿￿1
31st March
4th April
Completed 18 18 13 72Vo

THE MITIE FOUNDATION
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 MARCH 2025
Volunteering
Year 5 largel 23,680 hours- 32.512 hours achieved113PA
Mitie colleagues have shown immense dedication lo our long-standing campaigns like Mrtie
Spring Cleaning, Macmillan, and Poppy Day. But that's not all they also embraced new
initiatives with great enthusiasm. For instance, in our Blood Donation campaign, colleagues
donated an impressive 424 pints of blood. Additionalty, through the Gift of Time campaign, we
encouraged everyone to volunteer for causes close to their hearts, making a personal and
meaningful impact.
Last year, we also celebrated new collaborations wrth some fantastic organvzalions. We
partnered with Bristol Zoo, enhancing our efforts in wikllife conservation and education. We
also joined forces wilh 'if Only Charty,, which supports survivors of childhood sexual abuse,
and Think Forward, a charrty providing long-term coaching to young adults entering the
workforce. These partnerships align perfeclty with our mission to support diverse and impacfful
causes.
Royal British Legion - Poppy Appeal
In keeping with our commitment lo the Armed Forces, colleagues up and down the country
volunteered their time lo support the Royal Brrtish Legion at their City Poppy Day fundraisers.
In FY25, we helped to raise over £142,000 al London Bridge and Waterloo station$ dire¢lly lo
the Royal British Legion Charity. Milie colleagues have supported the sale of poppies at
Waterloo station since 2014, and our Presence typically makes up around 15 /0 of the lolal
volunteers on srte.
Do4T launch
DcplT our employee volunteering platform. houses thousands of volunteering opportunities
and is the process for recording impact. D¢>lT was revamped piloted with volunteer leads
across the business in February and then fvlly launched in March.
Fundraising Totsl
We are reviewing the fundraising protocol in the Foundation.
Providing Sustainable Employment
In 2025, Mitie recruited 256 individuals through the Mttie Foundation with support from our
referral partners. Via the ATS system, we can gain further insights and data around the
application process, highlighting key areas of'Breakdown' in applications, such as incomplele
profiles, rejection from hiring managers. This enables Mitie Foundation lo provide feedback lo
our referral partners and challenge hiring managers if minimum requirements for the role have
been mel. It also means we can give feedback to the referral partners on the applications
coming through the system.

THE MITIE FOUNDATION
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 MARCH 2025
Financial review
The Foundation received donated services of£410.83512024'. 245.0371 from Milie and £5,000
12024.. £70,578) from external sources. This has enabled il to deliver its activities as outlined
in the achievements and performance section below and resulled in a surplus of £49,315
{2024'. deficit of £57,442). The trustees consider the results of the Foundation lo be
satisfactory.
The Foundation's policy is to hold no reserves as the operating costs of the Foundation are
budgeted within and paid by Mitie. Funding sources are predominate￿ from Mitie, either in the
form of company gift or Ihrough donations raised through staff initiatives.
As at 31 March 2025, the unrestricted funds held that also described the free reseNes of the
charity were £73,49212024.. £24,177).
8tat•mont al)out fundraising actlvlty
Whilst the majority of the funding for the Foundation is provided by Mitie Group plc, some
fundraising activty does provide additional financial benefit.
No professional organisation or individual was used to raise funds, and therefore th6
Foundation has not felt obligated to subscribe to any fvndraising slandards, schemes or
regulations.
We have ￿ceiVed no complaints relating to any fundraising activty, and all transactions have
passed through our finance team and we do not approach the general public or place undue
pressure on people to give money to the Foundakn"on.
Future Plans
The Foundation will be looking to deliver the following..
15 x Ready2Work programmes from April to March 26
25,000 hours of volunteering by Milie Colleagues
400 day 1 starts sources from Mrtie Foundation talent pools

THE MITIE FOUNDATION
REFERENCE & ADMINISTRATIVE INFORMATION
YEAR ENDED 31 MARCH 2025
Trustees, responsibilities statement
The trustees (who are also directors of The Mrtie Foundation for the purposes of company lawl
are responsible for preparing the Trustees, Report (incorporating the strategic report and
directors, report) and the financial statements in accordance with applicable law and Unrted
Kingdom Accounting Standards. including Financial Reporting Standard 102.. The Financial
Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Accepted
Accounting Praclicel.
Company law requires the Iruslees to prepare financial slalemenls for each financial year
which give a true and fair view of the state of affairs of the charitsble company and of the
income and expendrture, of the charitable company for that period. In preparing these financial
slatemenls, the trustees a￿ required to-
selecl Suilable accounling policies and then apply them consislenlly..
observe the methods and principles in the Chartties SORP..
make judgments and accounting estimates that are reasonable and prudenl,.
slate whether applicable UK Accounting Standards have been followed, subject to any
material departures disclosed and explained in the financial slalemenls,. and
prepare the financial statements on the going concern basis unless il is inappropriate
to presume that the charrtable company will continue in business.
The trustees are responsible for keeping adequate accounting records that disclose with
reasonable accuracy al any time the financial position of the charitsble company and enable
them lo ensure that Ihe ffinancial slalemenls comply with the Companies Acl 2006. They are
also responsible for safeguarding the assets of the charitable company and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularrties.
Pursuant lo Section 487 of the Companies Act 2006, the independent examiner will be deemed
lo be reappointed and Burton Sweet Limrted will therefore continue in office.
6th October 2025
Approved by the Board on .
and signed on its behalf by..
Kathryn Dolan
Trustee

THE MITIE FOUNDATION
REFERENCE & ADMINISTRATIVE INFORMATION
YEAR ENDED 31 MARCH 2025
Directorsrfrustees
Andrew Easlwood
Rebecca Faulkiner
Jasmine Hudson
Navinder Kalley
Michael Gibson
Ommasalma Shah
Teresa Gibbs
Kathryn Dolan
Resigned 30 June 2025
Resigned 24 September 2024
Resigned 31 March 2025
Appointed 24 September 2024
Appointed 14 May 2025
For the period 1 April 2024 to 31 March 2025 the trustees delegated managerial oversight of
the Milie Foundation lo Jasmine Hudson, and Kathryn Dolan from 1 April 2025.
Secretary
Milie Company Secretarial Services Limited
Reglstered office
Level 12 The Shard,
32 London Bridge Street,
London.
England,
SE19SG
Company number
08107587
Charity number
1148858
Bankor8
Lloyds
SS Corn Street
Bristol
Solicitors
osborne Clarke
2 Temple Back East
Temple Quay
Bristol
Independent Examiner
Joshua Kingston Bsc ACA
Burton Sweet Limited, Chartered Accountants
The Clock Tower
5 Farleigh Court
Old Weston Road
Flax Burton
Bristol BS48 1 UR

THE MITIE FOUNDATION
INDEPENDENT EXAMINER'S REPORT
YEAR ENDED 31 MARCH 2025
Independent examiner's report to the trustees of The Mitie Foundation I'the Company'l
I report to the charty trustees on my examinatw)n ofthe accounts of the Company for the year
ended 31° March 2025.
Responsibilities and basis of report
As Ihe charity'$ trustees of Ihe Company land also its directors for the purposes of company
lawl you are responsible for the preparation of the accounts in accordance with the
requirements of the Companies Act 20061.the 2006 Act'i.
Having satisfied myseff that the accounts of the Company are not required to be audited under
Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my
examination of your chartiy s accounts as carried out under section 145 of the Charities Act
2011 I'the 2011 Act'l. In carrying out my examination I have folbwed the Directions given by
the Charity Commission under section 145151 Ibl of the 2011 Act.
Independent examiner's Statement
I have completed my examinalion. I conffimi thal no mallers have come to my attention in
connection with the examination giving me cause to believe..
accounting records were not kepl in respect of the Company as required by Section
386 of the 2006 Act., or
the accounts do not accord with those records.,
the accounts do not compty with the accounting requirements of Section 396 of the
2006 Act other than any requirement that the accounts give a 'lrue and fair view which
is not a matter considered as part of an independent examination., or
Ihe accounts have not been prepared in accordance with the methods and principles
of the Statement of Recommended Practice for accounting and reporting by charities
applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard appIl￿ble in Ihe UK and Republic of Ireland IFRS 102}.
I have no concerns and have come across no olher matters in connection with the examination
lo which attention should be drawn in this rewrt in order to enable a proper understanding of
the accounts lo be reached.
otkvA LL
Joshua Kingston Bsc ACA
Burton Sweet Limi(ed, Chartered Accountants
The Clock Towel
5 Farleigh Court
Old Weston Road
Flax Bourton
Bristol BS48 1 UR
Dale.. 6th October 2025
10

THE MITIE FOUNDATION
STATEMENT OF FINANCIAL ACTlVtTIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 31 MARCH 2025
Totsl Funds
2025
Tolal Funds
2024
Note
Income from:
Donations
Investment income
415,835
1,341
315.615
Totsl income
417,176
315,615
Expenditure on:
Charitable activities
367,861
373,057
Totsl expendlture
367,861
373.057
Net incomellexpenditurel and net
movement In funds
49,315
(57,442}
Total funds at start of year
10
24,177
81,619
Total funds at end of year
10
73,492
24,177
There are no recognised gains or losses for the current or preceding year other than as stated in the Slalement of
Financial Aclivilies.
The resutts for the period are wholty attributable to the continuing operations of the Foundation.
All movement in funds in the year and prior year are in unrestricted funds.
The notes on pages 14 to 18 fomi part of these financlal statements
11

THE MITIE FOUNDATION
BALANCE SHEET
AS AT 31 MARCH 2025
Company number: 08107587
2025
2024
Current assets
Debtors
Cash at bank and in hand
10.313
68,141
11,500
17,189
78.454
28.689
Llabllltles
Creditors .' amounts falling
due wrthin one year
14,962)
{4,512}
Net current assets
73,492
24,177
Net assets
73,492
24.177
Funds of the charity
Unrestricted funds
10
73,492
24,177
Totsl funds
73,492
24.177
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the
Companies Act 2006 relating to small companies.
Dlre¢tors' responslbllltles:
The members have not required the company to obtain an audit of its accounts for the year in question in
accordance with seclion 476.
The directors acknowledge their responsibilities for complwng with the requirements of Ihe Act wilh respect to
accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the
small companies, regime.
These financial statements of The Mitie Foundation were approved by the Board of Trustees on
.6th£)olobeF.2025...... and are signed on Iheir behalf by..
Oo&
Kathryn Dolan
Trustee
The notes on pages 14 to 18 fomi part of these financlal statements
12

THE MITIE FOUNDATION
CASH FLOW STATEMENT
YEAR ENDED 31 MARCH 2025
2025
2024
Net cash inflow from operating activities
50,952
{68,654)
Net cash Inflow for the year
50,952
{68,654}
Reconciliation of net movement in funds to net cash inflow from operating activities
2025
2024
Statement of Financial Activities.. Net movement in funds
Increase I Idecreasel in creditors. current liabilrties
Decrease I lincreasel in debtors
Net Cash louttlowlllnflow from oporatlng acllvllles
49,315
450
1,187
50,952
{57.442}
288
{11,5001
168.6541
Analysls of Changes In cash durlng the year
202S
2024
Change
Cash at bank and in hand
68,141
17,189
50,952
2024
2023
Change
Cash at bank and in hand
17,189
85,843
{68,6541
Cashflow Restrictions
Charity law prohibits the use of net cash inflows on any endowed or other restricted fund lo offset net cash
outflows on any fund outside its own objects, excepl on special authorty. In practice, this reslriclion has not
had any effect on cash flows for the year.
The notes on pages 14 to 18 forni part of these financlal Statements
13

THE MITIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
1 A¢¢ountlng pollcles
Basis of preparation
The financial slalements have been prepared in accordance wlh the historical cost convention {except where
olhenmise stated in the accounting F)olicy note) and in accordance with Ihe Statement of Recommended
Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) issued in Oclober 2019, and Ihe
Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, and the
Companies Act 2006.
As more fully detailed in the trustees, report, the Trustees consider that there are no material uncertainties
affecting the ability of the charty to continue as a going concern and the financial slalements have therefore
been prepared on the going concem basis. The charity is a public benefit entity as defined under FRS102.
The principal accounting policies are summarised beknv. They have been applied consistently throughout the
year and the preceding year.
Income
Income is included when receivable. Income from tax that can ￿ reclaimed on donations is includèd at thé
same lime as the gift to which it relates. Income comprises of..
Donations
Donations are included in the Slalement of Financial Activities when the charity is legally entitled to the income,
when the amount can be quantified with reasonable accuracy and receipt is probable.
Donated s8rvices and facilities
Donated services and facilities represents Ihe ests'mated financial cost borne by Mrtie in providing seconded
staff and other management and administrative services. This value represents the amount that the trustees
would pay on the open market for the services and faciltties thal would provide equivalent benefrt to the charty.
Expendlture
Expenditure is included in the Statement of Financial Activities on an accruals basis when incurred and
includes attributable VAT which cannot be recovered.
Expenditure compnse of the folh)wing'.
Charitable expenditure- being those costs incurred by the charitable company in the delivery of its activities
and services for ils beneficiaries.
Grant funding of activities - included within chartiable expenditure, these are awarded to further the purposes of
the charity.
Grants awarded - treated as expenditu￿ and a liability in the accounts as soon as they become legal or
constructive obligations. In the case of multi-year grant awards. the funding for all years is immediately
recognised unless Ihere are conditions which need to be mel by the recIp￿nI lo enable the release of
subsequent years, funding.
Support costs - being costs of an indirect nature necessary to supwrt the acb'vities of the charitable company.
Governance costs - being costs associated wth meeting the constitutional and slalulory requirements of the
charity.
14

THE MITIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
1 A¢¢ountlng pollcles (continued)
Fund a¢¢ounting
Unrestricted funds are expendable at the discrelion of the Truslees. in Ihe fvrtherance of the objects of the
charity.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amounl prepaid after taking accounl of any discounts due.
Cash and cash equlvalents
Cash at bank and cash in hand includes cash and short term highty liquid investments with a short maturity of
three months or less from the dale of acquisition or opening of the deposit or similar account.
Creditors
Creditors and provisions are recognised where the charty has a present obligation resulting from a past event
that will probably result in the transfer of funds lo a third paty and the amount due lo settle the obligation can
be measured or estimated reliably. Creditors and provisions are normalty recognised at their settlement
amount after allowing for any discounts due.
2 Income from: Donatlons
Totsl Funds
2025
Total Funds
2024
Donated services and facilities from Mrtie
General donations
410,835
5,000
245,037
70,578
415,835
315,615
All donations received in the prior year were unrestricted.
15

THE MITIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
3 Expendlture on: Charltsble a¢tlvltle$
Totsl
2025
Total
2024
Employee cosls
Travel and subsistence
other support costs
Governan￿ costs
Subscriptions
Grants payable {nole 41
215,790
65,217
25,564
1,970
4,004
55,316
170,484
32,643
48,168
16,183)
64,256
63,689
367,861
373,057
4 Grants payable analysls
The total grants awarded during the year was as follows:
2025
2024
Demenlia UK
Macmillan Cancer Support
Givefundraising
British Heart Foundation
Prostate Cancer
Gailes Hotel
McKenna Media Group
Other grants under £1,000
26,508
26,508
1,800
22.459
22.459
13,387
4,885
499
500
55,316
63,689
S Net Incomellexpendlture) for the year
This is slated after charging..
2025
2024
Independent Examiner's remuneration
4,962
4,512
No Trustee received any remuneration or travel expenses in respect of their services during the year12024'.
None).
Aggregate donations from Truslees, key managemenl personnel. and other related parties was £Nil12024.'
£nill.
16

THE MITIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
6 Staff costs and nurnbers
The Foundation does not directty employ any staff. however on average. four Mitie Group PIC employees were
seconded lo the Foundation during the year (2024.. four).
staff costs relating to these seconded stsff were as follows:
2025
2024
Wages & salaries
Social security costs
Pension contributions
Redundancy
182,859
20,340
12,591
146,967
16,390
6,646
481
215,790
170,484
The total employment benefits received by trustees and key management personnel for their services to the
charity were £nil12024'. £nil) in the year. Trustees can be remunerated by Mitie Group, but are nol remunerated
for their role in the Foundation.
No employee received emoluments of more than £60.000 in the current or prior year.
7 Taxatlon
The charity is exempt from corporation tax on ils charrtable activities.
8 Debtors
2025
2024
Prepayments and accrued income
10,313
11,500
10,313
11,500
9 Credltors: amounts falllng due wlthln one year
2025
2024
Accruals and deferred income
4,962
4,512
4,962
4,512
17

THE MITIE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
10 Movement in funds
For the year ended 31 March 2025
At1Apr
2024
At 31 Mar
2025
Income
Expenditure
Unrestricted funds
General funds
24,177
417,176
{367,8611
73,492
Total funds
24.177
417,176
1367,8611
73.492
For the year ended 31 March 2024
Restated
At1Apr
2023
At 31 Mar
2024
Income
Expendlture
Unrestricted funds
General funds
81.619
315,615
1373,0571
24,177
Totsl funds
81,619
315,615
1373,0571
24,177
11 Related party tran$a¢tlons
The Foundation has a related paty relationship with Milie Group PIC I"Milie"l as Mitie has the power to appoint
up lo three board members to the Foundation. Addrtionally, seven of the seven {2024'. seven of the seven)
trustees active in the period to the date of signing the accounts were either employees or directors of Mitie in
the year. Milie are Ihe major funders of Foundation, and the Foundation second Iheir operational staff from
Milie. During the year the Foundation received donations of £nil12024'. £nil} and gifts of services, staff and
facilities of £410,835 {2024. £245.037) from Mrtie. Al the end of the period £nil {2024'. £nill was due from Mitie
and £nil {2024.' £nill was held within creditors as an amount accrued to Mitie.
There were no further related paty transactions in the year or prior year other than recorded elsewhere in the
accounts.
12 Capltsl ¢ommltments
The Foundation had no capilal commitments as at 31 March 2025 {2024.. None).
13 Liability of member5
The Mitie Foundation is a company limrted by guarantee. In the event of V￿ndIng up, the maximum amount
guaranteed to be contributed by each member is £1.
18