UTHINK PEOPLE DEVELOPING PEOPLE TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
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Company IX314n8 have goM from Strength to In all oftho Clwltys . 51K) E••tor Egll8 dl8trllxrt8d. Op1 8 bank a¢(x)w . Bwrvj *K)FplrvJ •kilB on • •od8lle•. ¢y8ate, and . T•ble t8nnl¥ Iwm8n . Communty lunch coNnNLED
benefft lo cogn11k, •rKI %llbelw aftor da$8 Pa1. EdInbuf 8rn1 <kny. G#. Plrya In Pwk to •nloy th tholr famllol. are thr91 arKI fjupporurva tho In fan•. Uthlnk Footb•ll 8•••lon• provlde fr8• •nd accooelble focthll ft •t rknk pwlo In Edthrgh. Chrl•knM Toy Drt Uthlnk contlnul to In A•th & Mc¢rf•oM IN• yw, box•• and •upporUr& our toy drN Our Chthn•• dr agaln rofml l•d. u8 to twy•t rKI ryty IJKW f•n• •xl kthklU• rn(t In neod but ako t8rg8llng Ihelr 4pocafic w)tWoBts ar¥J Mkas kn b#t gfftj lor bknm. Wlth eath rArI< r•c•Mnq utrAnk Stsff olw wSunle8rnd k) njn ClvL•thw pwl88 tr ovor 1000 ChlklM. pdIng •rMJ 88mo1ey. d ont•rtoinmw for local chVkn f•mth•. CONTINUED
accommodation to •Juh. 48 a• d•volop now 8nd <ywYty1U••. . C(mnU S88 You S•• and aur qu8•t 1LKX) f•(x. Mr Gary P•ts tr• Mlcholle Hegorty Ml•• RebeNx P 1150504 08314n8 Imilte Mo$8 8uslne88 Pwk
IS Mark•t Strool sJh Wlggn Larshfjr•
ara r88ponsiblo tr w8wlr¥J th• Tnt•8 Rewt tha finon(xal #lat•moth In a(x¥Jrdanc 1th applkbl• ' preparn th8 fInoI •latomnts on tho b0818 unl888 ft18 to prownw th•t tho mply wlth thè Cwnl88 Ad 2(Th. Tlw are alKs resprth ts *uardlro th• a••ots of th& c¢mp•ny and dlwmlnatlon of flmndal •totsrrnnl• dlffw frr¥n18gSthkn In oVwJurl•dlcllcN. audlknx8 arn urmwarn; •NI Tw•t•O 27111y21)25
to th• Mgmbern of Oplnl¢ 31 January 2025 cx)mm th8 SIAtem•nt of FlnarK¥al Aclivli•s Cmdudlw In¢omo and EXperthre Ac0ntK 8alan( Sfrth( Ca8h Fkyw Statem lh8 related rxrt88, lTrJuding a sumwfjry of sFgnM(ant accxiuntlng wll¢S8s. The frnndal rep(xtry that hal be applled In thelr prépgratron 1$ 8pplic&llg law ond Unlted Kkngthxn A¢countir#J (UrMt8d Klrudom GThalty Atxxptsd Aco)unllNJ Prnctlcah incI11n9 FRS 102 Tr Fln8nclal Starthl appll¢obl8 In UK WKI Rewbk of IreFan(r. ' glve a tsuo a1 f8lr view ( tho 8tats d tho th8rltth affalr8 08 at 31 2025 and of Its 8••kn for tyrdon We tx)ndwA&l ¢)ur In a¢cthm th Innakn1 Standath on IUK) OSA8 (UK)) 8rKI appll(bl8 Iww. Our re8w81b111o$ undw th0È8 Stsndards are futher do4(¥lbed Fn the AudIt(a r88poMlblllUes for th8 audt of the financt81 staternts of rem Wo arn Indop6tht of charttabb wnpany In ac(x)rdan( wlth the othicai roqulr8mnts th&t arn rnknvant to Jr of tho flrnnd•l StatnI¥ In Ihfr UK, IT1UdIng the FRV8 Elhlcal StarKlwd, arKJ tho 8¥aatO ts mll onOtI88. In tho clruJm8tanc8• 8Ot Cmrt In not8 20 to th8 flnancl81 stat, aiKI hove fuffilieAI wr cther elhkal rwffjlilllll88 In 8Ctedvth th theBe roqulrem8nts. We bolkn that the ev0r0 hab• obl81r1 18 wffldant aThJ approprwts to provkle a ba8ls for opInk. ¢(Y1t10ns th8( IndlWJuaFty or eC. may L¥8t •lgnlllcant dbt on th• charlt&blo wmpatyJ ablllty to conllnue a8 a (Thcem fty 8 pork at1088t 12 frn Wh IltwNJal atatThnts we authortJ•d tor l•ou•. Our re8prrnlbllttle• aNI INF11111# rf th• tht••8 1ory>oca tr) c•rr•n •r• d8•rylb8d In th• Tho othw Informth L¥Mrkn6 tho th• aMug1 reprf dh8r than tho flnandal 8tatsm8nts and fr audIt6 report thereAJn. Th8 truste08 arn r8pts1# thy th• oth•r Inforniatlon ntaIn1x1 T•vlthln the amual reForL Our opInk on lh8 flnarKlal slatam dcm rot (x)v8r other Infomwtlon and, except to ts extént oWldUy Statod In cxr rem do expr888 ory form of Un¢8 concludon therwn. In connecllon lth aLKlIt of the fin81 8taloments. wr roar1bllfy 18 to read the other Infomiatlon and, Sn drAng 80, (xKffjlder whether th• other nfmkn18 m8t8rtalty In(stent th8 lonal8[ 8tatoment8 ar our kntr*l•Jge obtalrnd In Iho audlt ty (knMry88 appoarn to b• m•tortalty mlsstatad. If wo klentlfy auch mot•tsl Inwn•lotsn¢los or appar•nt mltwlal nl8Blatsmonr#. VM wa r8quirod to d8termlno wher th18 perf(Kmed, trwt ttw• 18 a nthlal ofthkn 0th8r Irrftxmthn. ar8 fequlred to report that fact. W• hav• rKrthlng to r• r•gvd.
requlrn8 u8 to rewi &) you If, In OFthth' . the flnancLg18tat8m•nts arn not h agrn•mart wlth tho alnI or c alfjo dlre¢lor8 of th8 chttabl8 (axYw•ny lh• Lyryany Iwi) arn respth for the weparatlon thè finAndal Ilatwrthts for Ilwt tsy l th. and for krtern ntrol 88 to conynue aB a con¢om. d8do•lry, a• •Fvllcth, ff•llw8 relotod to golrvJ th• gd
to th• M•mborn of frn material due to frJ ty rOr. And to I98 an 8uditoe8 r8POrt that Indudo8 our opinlon. Re88onable assurance18 a hlgh18vel of assurance. bth18 fK)t a graTht88 that an audit c4)nductad In accordance wlth 1&48 (UK) det•a a rrthlaf MIS818te tt exrsts. MIsstatents can ari80 from tr81 Of error and are nSId matorfd tf. IrMll¥ia1ty or Sn the aggrots. (x)uhl rnasonabty b We Onl an urKkrstsrnlrKJ rf th8 r8gubkJy frarn ithin th8 tharftsble company OP8rate8, fCAn9 tho88 187 arKI regulatkTh It t¥0 8 dlr8¢t on th• dotemilnatlon of materlal arno and d18ckJ8ur88 In th8 finarwial stataff. law8 8nd regui8tions wg consldwgd In th18 cont8xI wern the Chartlies Ad 2011 together wlth the CharlO88 SORP (FRS102). We a¥sess8d the rnquir•J LW)pllanc with these lawE and regulaUon8 wrt of our audlt wocaluros on related Ilm81 statsThnt Item8. In addltk)n. wa consldorgd wovl8knr IA otlw Im regulallons thllt do not hav8 a dlract affect on th Ilnandal 8tatsm8nts but ¢mpllanL¥ lth ¥¢leh rht b• fundamenlal to table (xMipanY8 ablllty to OFwato or to awtd a ntorlal penfjlty. W& (x)nskI tho OPPthinitb8s and Incenlves that may exlst wlthln the tharltabie e4)mp•ny for fraud. The law8 and regulat1 we c£¥WId In th18 ¢fxtsxl frx UK wratbn8 worn Canwd Dats Protéction RWlau( and Iie81th and safety18glsknn. Wo Idontlfi8d the greatO8t rf8k of materw IW atstsma from Irr89rItIej, IneJudlThJ freAKI, to b8 wlthln the Umlng rar4nlllon ol InccTh WKI ts ovothdfr of controts by rnanaa8ment. Our Audlt pro¢eduroS to r•8P(XKI * th880 rf8k8 IncK#1 enquirl88 of mgnagemwrt and tha ALMIIt Commltte8 about ttr ovm Idefttfficallon and 888088Wrt of rknk8 of InegularlM •orn te8tlng on the postlrKJ of loumal8, and reathng mlnute8 of meellrvJ6 ofth(w eth8ral ith gObWnar. In accordaN wllh Intsmatr'on•l A41thg staThIar T anned crtr altt 80 that a rna8cffiablg A furthar dw¢rtpkn of tjur rplI1111e5 for alIt of th8 fin8Thaal Statn 18 toc8d on th• Flnandal Reportlng Coundl's pb8ttg ¥rw.frowJ.uklaItIIIllOL Th1• doxlpkn fi)M pwt of our audto¢o U•• Ofour R•port rewt18 Tr10 W to the ¢SwFtabl8 ccffipan8 m8mb•rn, al a body, In actordanoa wlth Chapt•r 3 01 Part 16 of tho Cory)anleJ AL 2006. (Xw a11 boon wrtak•n w th•t mw &t• to the chjrltablo CThIP8ny8 m•mbern th matterB th8t w• am requtr&l kn 8ts1o to Ifrom In an audltort$ r8wt aThJ for other purp088. To th8 full8St oxtont peTmFlted by Iww, THe th vx awt or a88urM f81pon8lty to yon oth8r than the charftable ojnpgny tha twltsble as 8 tKrtty, for wr audlt th, for th58 report, or for the oplnlon8 havo f<xnd. for and on b8halfofADC ounthnts Stats• 27110r2025
For Th• Yr End•d 31 janu 2025 2025 2024 fund• nd• INCOME AND ENIK>WMEKfs FROM: DonatkJn8 and legacl6# 64.288 19.148 3282 1,375 101.W 1.170.664 1.272.631 1220.294 1&1,517 1,170,664 1,340.181 1240.817 EXPENDrruRE ON: Ralslrva lund8 Charftable actroili Ulhlnk EX[th11re CfArflabl8 acJvlb•8 (45,875) (45.6T5) (42,488) (157,843) (1,tY21M8) (1.179.511) (1.133.236) (5.(KKI) (33,7V2) (38.792) (32,451) (208.318) (1,055,680) (1,263,978) (1,208.175) (38.W1) 116.1))4 78.203 32,642 NET INCOME 17 NFf MOVEMEpif IN FUND8 RECONCIUATION OF FUNDS: Total fuThl8 bwht fonvard TOTAL FUND8 CARweD FORIIARD (38,1) 115,004 78203 32.842 467,024 467,024 434.382 428.223 115,(N 643.227 467.024 17 The not•4 pagoj 13 Ix) 20 Jmi wt of IlrwKI Ital.
F•r Th• Y•ar End•d 31 January 2025 UnrmtrI R*IGt•d Total funds fu fund• INCOME AND ENDOWMEKf8 FROM: Donatlons and lega(ae8 Investments 19,148 19.148 1.375 1,375 185.680 1.034.634 1,220.294 ,183 1,034.634 1240,817 EXPENDrruRE 011.. R8181ng lund8 Charllabl8 8thib80: Uthlnk EXPllUre CharfIab aclfvNle8 (4Z4W) (42,488} (113,6r2) 11.019.564) (1.133,236) {175} (32278) (32,451) (156,337) (1.051.838) (1.208,176) 49,846 (17204) 32.842 NEf INCOIIE 17 (17204} 32P42 17204 NEf MOVEMEKf IN FUNDS RECONCIUATION OF FUHD8: Total lurKI8 brought foThYard TOTAL FUNDS CARRIED F¢JRW 32,642 434,382 17 487,024 487.024 P4• 10
A• At 31 Januwy 2025 2024 U1YMtrlc R•strk Total Totsl fund8 fund• fund• fund• FIXED SEr8 Tanglbl8 Assets 13 83.398 70.158 83.398 70,158 CURREKf A88Ef8 14 Cagh at bank •xl In htr 52.836 13.234 66,070 ?51 323,TJO 101.TIO 425.W 350.139 376.628 115,IJX 491,630 407,390 Ymr 15 (11.801) (10.624) 14rr CURRENT A88Ef8 (UABILMES) 384.825 115,004 479.829 396.886 4282fd I15,( 543227 467,024 NEf A88Ef8 4282f3 115,CK14 643.227 467.024 FUND8 OF ThE CHAIIITY Re8tricW Fund Unre8trl(aed Funds 115.004 428.223 487.024 643.227 467.024 TOTAL FUND8 17 •mall c¥Jwn108 rrylmo. On b•haWof ts bosrd Mr Gory Pat• Tru8tee 2711012025 Tho rth on pallo8 13 k120 frxm part fimrthl Pffj8 11
For Y•v Ernl•d 31 Janunry 2025 5.260 Purcts89 of larvdlblo a88ets Intsrest r6(%tved (8,823) (9,611) 1,375 Net ISh u8ed In In811 (5.561) (8.238) Increa8el(de(xease) In rA8h and cash w4th18rt8 Cash and equlvalants al beglnnlw CAih and co•h ewlval*th at eThJ (rfy•ar 75,421 350.078 978) 425.499 12,978) Pw4• 12
2025 2024 Net Int AdJu8knenls tr. Interest Incu Dèpreddon of tswlble a880ts (3262) 15.583 {1,375) 20,781 Increa•• In tr4d• arKJ (¥•Jltorn (8.819) 1.2n {57.251) 10.463 5.260 2. Ca•h aNI ¢Mh •qulv•knts Ca8h and cash a• •lat•d In tho Slaknrrt rf Ca8h Flm relat81 to th• klltrlTrJ ItemB In th• Balanca Shoot: Cath at bank arnl In 350,139 (81) .078 (81) 425.499 Ca¥h and • ewfvaknli as Itd kn tho Cath Flwi A•at1 C••hfim A••t31 F•knry January Ca8h at bank and In hark OvoTdraft fadlltle• ropoyablo dd Ca•h and e•8h •quhaknts 360,139 (81) 350.078 75,421 425.560 (81) 425,499 75.421 Pryo 13
Not# to th• Flnanelal Slalomwl8 For Th• Y•ar End•d 31 Januory 2025 1. G•nor•l Inforniallon Uthlnk People DalOping Pwle 18 a cryny hnMt8d by guar•, iTr)xptyaW In England & Wal8S, regter1 nwnbw 08314738 grKI regi8twad Nmbw I1504. Th8 regier1 olllco 18 Sub 16 We8t The flnxyol 810tWTth been ¥Alh Iho Chaflkn SORP (FRS 102) Aczountlng and Reyting by Chartt168: of Pradlco appllc8ble to tharltle8 preparing thelr aownts in acA))rdarKo lIh the Flngndal Rayting Slandard applkxblg In th8 UK and Republlc of Irafand (FR8 102) (8ff•Al¥e 1 January 2019)", Ftnarnxal RewtuvJ Standwd 102 Tr Fln8ndal Sknlwd awlkat40 In the UK and Rep1 of Ir•knf and tho Act 21M)6. 22. Incomlng R•• d08rMd to be 1uppl1. Th18 Is er81ty In the Samè aro recthd. ponts recdvod In thnce of delfrrfery arn rec£rfJnl•ed on bAlarTh sh•t 88 ItlIt8. All oxpondlth h accwnted ky on sn SCU10 bfi818 and hej beon datsjlllod undw headlng8 that aggregats all (x)8ts rel8te4J to thot cAtowy. Whwe be dlY8eUy oltrttArted to partSculgr headlng8. tw have allo(aW ki athilig8 cm a b8818 c1)ne Tth us8 of rvJwurce8. Grant8 aro refl& In the bal8Thx 8h8 a C(Ytr 0x1818. nrAWblng that MAY pald In fubJr8 Impolmwnt k)8BO8. 18 woNldod at rale8 GglGvlat8d to wrtts dl th8 (X)8t of ts ilxad 8880ts, le thelr •8lnkqtod ro¥klU vdue. tholr expethd Il¥w th• foM¢M4r¥J baw: Hant & Machlr Motor VohldeB 25% R&ludng 8alonc4 Flxtur88 & Flltlng8 25% Re 8818 Cr Ewlpm•nt 26% RedithvJ Ba# 25% Redthsro 8a• Cash and ¢x8h oqUtvdent8 ar• ba•lc fin&01 amel8 •¥1 Ind10 18h In hwY armd dw(wlt• hohj at L¥ll wlth b•nk8. other #hort4emi hwty Ilquld that rn8ts• In no rh Ihan thmg wrKJnlh8 from the d8te ol 8cqul•ition and are f8mIY mrUbl8 to a kn¢yhm aw*)urrt Lrf c86h wllh lrnlgnlncant rt•k of thang• In v8lug, and borA( ovordr
ForTh• Y•ar End 31 janu 2025 2024 fund• Donatfcn8 and gllts 19,148 IuDd• Bank kntsre•t rec•lvablo 1.375 funds Olher Ineomo 84,786 17,181 1.182.280 1.162.280 17.181 Supp(Yt In(xO 101,967 1,170.664 1,272.631 fund• Othor Inco Houslng Ber 114,588 71,or2 114,588 71.072 1,011,9S3 22,681 185,660 1.034,834 1.220,294 1,011,953 ,881 8. N•t Ine0nEXdftUf•) The not Incom• kn Sta after 15,583 20,781 Py15
For Th• Y•tr End•d 31 Janu 2025 dli (aee r#Xe 8) ($88 nots 9) Total Ralslng funds Uthink Expandlr• Ch8rlt8ble advlUa8 45,675 2n280 SY16.231 45,675 1,179,511 38,792 zr3,280 ,898 1,263,978 2024 dlr•¢ty co•ts (wo not8 8) (•e8 rth 9) Tot•1 Ra181rKJ fuTrJ8 Llthlnk ExFwthir• Charttable aL4lvttl 42,448 42,488 287228 846.(K18 1.133.238 32.451 32,451 287288 920.907 1,208,175 8. Dlr•¢t c1• Uthlnk Exp•ndlturn Emplorn coats Ganer818dmSnl•trn D•prnGlatl¢)n 237.081 20,61e 15.583 273.280
IlfA•• to tho Flnancknl Ststemfjth (¢ontlnu•d) Uthlnk Cost ofgwjs s¢)Id Empioyee costs General admirstrac Deplati0Th 245,429 21.018 20.781 240,429 21,018 20.781 287228 287,288 9. Support C¢) Uthlnk Ch•rttabl• Exp•ndlthr• •ctMtI•• Employe8 (X>8ts Preml8eB expon8 Ggn8ral admlnl8trakn 724.376 136,993 J6.231 724,378 221.460 990.698 45.675 38,792 45,675 38.792 Ulhlnk Ch•rlt•bl• Prem1888 eXP8n Goneral admlntstratlon 887,351 101,661 42,448 848.(M)8 887.351 176,580 32,461 920,907 32,451 10. Audltof• R•mun•rall¢ follow8: Pw17
For Y•x ENl•d 31 January 2025 11. Staff Co•ts 2024 Wag88 and aalari 216.913 15235 225,873 14.643 4,913 245.429 237.081 than £60,(M)O. Averag8 nunbor demplyrn8 d1 9 (2024: 9) 13. Tan9lbh A•••t• IAotor FIxr•* & Comwtsr hl¢l•• Flttlng• Eqpm•Tht Total Co•t A8 at 1 February 2024 Adon8 146.750 5.007 174,857 8.823 AS at 31 2025 152,279 8,901 183,680 D•pr•cl•tlon A8 at 1 FobnJ8ry 2024 Provklod dn9 thg pwlod A8 8t 31 JAnuary 2025 N•t Book V•lu• at 31 Janu 2025 Al at 1 F•bwary 2024 11.461 2.760 3,165 612 104,699 15.583 12211 14,221 1(Y2284 3,7T7 120,282 8279 49.995 5.124 83,398 11,039 66,6TI 70,158 2024 Du• wlthln 4yn• y•ar Trade dgbtorn Oth8r debtry8 37,040 20.211 15.687 86.070 57,251 P•J• 18
For Y•ar Endod 31 January 21r25 15. Cr•dltor•: Arnth Falkng lh• T•lln Y• 2024 8ank loan8 and ovwdra Other (xedltorn Taxatlon and 8oaal 8erfty 61 5N61 4,119 2.160 81 8,303 2,160 11,801 10.524 •oparat8ty fr(xn IIILW olthe (arftable nnY In an admlni8torod fund. £4,933 (2024: PA,9131 At tho bala 8h801 doi• of £NIL to the fwhl aNJ we kKludod kn t7. 17. Mov•m•nt ln Funth A•at1 A•at31 uary unr••Irf¢t fund• Gonèr81.. R••trf¢t•d lund• H¢Un9 Benafits a 8UpF Incomè 467,024 1.517 (208,318) 428,2rJ 1.170.e64 {1,055.8> 115.034 Totsl fvnd• 487.024 1.340.181 (1.263,978) 543,227 A••t1 A••t31 J•nuary General.. General unr88trfcted furKI R••trlct•d fund• Hou81ng Bengffta & 8iwp(xl lThxxno 434,382 X*183 (186.337) (17204) 487,024 1.034,634 (1.051.838) 17.204 Total fund• 4>1.382 1240.817 (1.208.175) 467,024 Ptyg 19
For Th• Yw End•d 31 J•nuary 2025 18. Rdat•d pa Dl•¢lowr•• 19. Company lkn•d ty gumrt Ery Thmber of the uThlértakés to C4xlbUts to tr aJ88ts d tho t)ryny, In ts event of a wFndlng UP, 8uth an amount a8 may be requIr1 rKrt 8xceodiw £1.