Docusign Envelope ID: F[J3A30AA-7cC24A7(￿Q830-GSC4E66340D5 REGISTERED CHARITY NUMBER: 1152509 Re ort oflh Trus nd Unaudited Financial Stale for the Year Ended 31 Au ust 2025 for Mid Cornwall Lifest les Streets Metherell Gard Limited Burn View Bude Cornwall EX23 8BX Docusign Envelope ID.. FD3A30AA-7CC24A70-983D-65C4Efjé340D5 Mid Cornwall Lifest les Contents of the Financial Sla ements for the Year Ended 1Au ust 2025 Page Report of the Trustees Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 5 to 10 Docusign Envelope ID.. FD3A30AA-7CC24A70-983D45C4E66340D5 Mid Cornwall Lifest les ort of the Trustees for the Year Ended 31 Au ust 2025 The truslee5 present their report with the financial statements of the charity for the year ended 31 August 2025. The Iruslees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard appIl￿ble in the UK and Republic of Ireland {FRS 1021 {effective 1 January 20191. The financial statements have been prepared in accordan￿ with the accounting policies set out in notes lo the accounts and comply with Ihe charity's goveming document, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Stafidard applicable in the UK and Republic of Ireland published in October 2019. OBJECTIVES AND ACTIVITIES Public beneftt In setting their objectives and planning their activities the trustees have given carefvl consideration to the Charity Commission's general guidan￿ on public benefit. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The charity is a charitable incorporated organisation (CIO) govemed by its constitution most re￿ntlY updated on 12th June 2013. Recruitment and appointment of new trustees Trustees are appointed by invitation from the existing board of trustees by a ￿$OlUtion passed at a property convened meeling of the charity trustees. In selecting individuals for appointment as charity trustees. the charity trustees must have regard to the skills, knowledge and experien￿ needed for the effective administration of the CIO. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1152509 Principal address Neelside Communty Centre Leven Road Bude Comwall EX23 8LB Trustees ERMorris M Read {appointed 1916125) ACGill B J Marsh (resigned 1110125) F Rowe Independent Examiner Slreets Metherell Gard Limited Burn View Bude Cornwall EX23 8BX Approved by order of the board of trustees on 5 March 2026 and signed on its behalf by.. Slyned by.. D16648FE58cB451... M Read - Ttustee 05-03-2026 Page 1 Docusign Envelope ID.. FD3A30AA-7CC24A70-983D-65C4E66340D5 Inde endent Examiner's Re ort to the Trustees of Mid Cornwall Lifest les Independent examinerfs report to the trustees of Mid Cornwall Llfestyles I report to the charity trustees on my examination of the accounts of Mid Cornwall Lifestyles (the Trust} for the year ended 31 August 2025. Responsibiltties and basis of report As the charity trustees of the Trust you are responsible for the preparation of the a¢cA)unts in accordance with the requirements of the Charities Act 2011 {'the AcV} I report in respect of my examination of Ihe Trusvs accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145{5)Ib) of the Act. Independent examinerfs ststement sin￿ your charity's gross income ex￿eded £250,000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confimi thal no material matters have come to my attention in connection with the examination giwng me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by Section 130 0* the Act.. or the accounts do not accord with those ￿COrds. or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair wew which is not a matter considered as part of an independent examinab'on. I have no cOn￿rnS and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. David Nigel Cox FCA The Institute of Chartered Accountants in England and Wales Streets Metherell Gard Limited Bum View Bude Cornwall EX23 88X Date.. Page 2 Docusign Envelope ID.. FD3A30AA-7CC24A7fk983D45C4E66340D5 Mid Cornwall Lifest les Statemen ot Financial Activities for he Year Ended 31 Au ust 2025 2025 Total funds 2024 Total ftjnds Unreslricted fund Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 6,148 8,110 14.258 11,625 Charitsble activities Charitable activiles 385,447 385.447 325,893 Investrnent income 1.680 1,680 53 Total 393,275 8.110 401,385 337,571 EXPENDITURE ON Charitsble activities Charitable activiles 385.235 7,595 392.830 287.120 NET INCOME 8,040 515 8.555 50.451 RECONCILIATION OF FUNDS Total funds brought fO￿ard 122,427 122,427 71,976 TOTAL FUNDS CARRIED FORWARD 130.467 515 130.982 122.427 The notes form part of these financial statements Page 3 Docusign Envelope ID: FD3A30AA-7CC24A70-983D-65C4E66340D5 Mid Cornwall Lifest les Balance Sheet 33Au ust 2025 2025 Total funds 2024 Total nds Unrestricted fund Restricted fund Notes FIXED ASSETS Tangible assets 133 133 166 CURRENT ASSETS Debtors Cash at bank 37,936 101.398 37,936 101,913 33.780 99.022 515 139,334 515 139,849 132.802 CREDITORS Amounts falling due within one year 10 19,0001 (9,000) 110,5411 NET CURRENT ASSETS 130,334 515 130,849 122,261 TOTAL ASSETS LESS CURRENT LIABILITIES 130,467 515 130,982 122,427 NET ASSETS 130,467 S15 130,982 122,427 FUNDS Unreslricled funds Reslricled funds 11 130,467 515 122.427 TOTAL FUNDS 130,982 122.427 The financial statements were approved by the Board of Trustees and authorised for isstse on 5 March 2026 and were signed on its behalf by.. s￿n￿d by.. D1664BFE58CB451... M Read- Trustee 05-03-2026 The notes fomi part of these financial slalements Page 4 Docusign Envelope ID: FD3A30AA-7CC24A70-983D-65C4E66340D5 Mid Cornwall Lifest les Notes to the Financial Statements for the Year Ended 31 Au ust 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charty, which is a public benefit entity under FRS 102, have been prepared in accordan￿ with the Charities SORP {FRS 1021 'Accounb'ng and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) {effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. The finanaal statements have been prepared to give a 'true and fairf view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair Mew,. This departure has involved following the Accounting and Reporting by Charities= Statement of Recommended Practi￿ applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended Practice effective from 1 April 2005 which has Sin￿ been withdrawn. Income All incoming resources are included in the statement of finan￿al activities when entitlement has passed to the charity.. it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. Grants and donations are only included in the SOFA when the general income recognition criteria are met {5.10 to 5.12 FRS102 SORP). - Income from contracts for the supply of ServI￿S is recognised with the delivery of the contracted servi￿. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent. in which case it may be regarded as restricted. Grants are accounted for under the accruals model as permitted by FRS 102. Grants of a revenue nature are iecognised in the Statement of Financial Activities in the same period as the related expenditue. The deferred element of grants is included in credito[5 as deferred income. Expenditure Liabilitses are ￿COgnised as expenditu￿ as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measuied reliably_ Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the calegory. Vlhere costs cannot be directly attribuled to particular headings they have been alloc21ed lo activities on a basis consistent with the use of resour￿$. Tangible fixed assets Tangible fixed assets are stated at cost (or deemed costl or valuation less accumulated depreciation and accumulated impairrnent losses. Cost indudes costs direcuy attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets. at rates calculated to write off costs. less estimated residual value. of each asset on a systematic basi5 over its expected usefvl life as follows.. Office equipment- 200A reducing balan Taxation The charity is exempt from tax on its charitable acb'vities. Fund accounting Unrestricted funds can be used in accordan￿ with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for patticular restricted purposes within Ihe objects of the charity. Restrictions arise when speafied by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and Pufpose of each fund is included in the notes to the financial statements. Page 5 conts'nued... Docuslgn Envelope ID: FD3A30￿7cC24A7Q-983D*5C4E66240D5 Mid Cornwall Lifest les No es to the Financial Statements continued for the Year Ended 31 Au ust 2025 ACCOUNTING POLICIES - continued Employee benefits en employees have ￿ndered Servi￿ lo the charity, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that servi￿. The charity operates a defined contribub'on plan for the benefit of its employees. Contributions are expensed as they become payable. Debtors and credltorn receivable I payable within one year Debtors and creditr)rs wth no stated interest rate and re￿1Vable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. Financial instruments All financial instruments are recognised initially at transaction price exduding transaction costs and subsequenuy at amortised cost. These include cash at bank. debtors and creditors. INVESTMENT INCOME 2025 2024 Deposit acLount interest 1,680 53 INCOME FROM CHARITABLE ACTIVITIES Funds held as an agent During the year £11.250 funds were re￿iVed as an agent, at the year end the charity held £1.080. In accordance with the charity SORP section 19, these totals are not not recognised in the accounts are the funds are not within the charity control. SUPPORT COSTS Govemance cosls Finance Totsls Charitsble activites 60 3,259 3,319 Support cosls. induded in the above, are as follows.. Governance costs 2025 Charitable activites 2024 Total activities Examiners fees Accountancy and legal fees 1,080 2,179 1,180 1,741 3.259 2.921 Page 6 continued... Docusign Envelope ID.. FD3A30A￿7cC24A70-983D4Sc4E66340D5 Mid Cornwall Lifest les Notes to the Financial Statements - continued for the Year Ended 31 Au ust 2025 TRUSTEES. REMUNERATION AND BENEFITS 2025 2024 Trustees, salaries 1,369 805 The above actimlies Provided by Mr B Marsh relate to servicelmanagement support not trustee activity. Trustees. expenses 2025 2024 Trustees, expenses 330 172 Number of trustees reimbursed for expenses.. 1 (2024.. 21. STAFF COSTS 2025 2024 Wages and salaries Social security costs Other pension costs 275.672 11,317 8.317 196,544 3,704 5.412 295,306 205,660 The average monthly number of employees during the year was as follows.. 2025 25 2024 21 Number ofstaff No employees received emoluments in excess of £60.000. The amount paid to key management personnel for their services to the charity is £47,338 {2024.'£40,9661. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fijnd Restricted fund Total fijnds INCOME AND ENDOWMENTS FROM Donations and legacies 11.625 11.625 Charitable activities Charitable act4Vites 325.893 325.893 Investment income 53 53 Total 337,571 337.571 EXPENDITURE ON Charitable activitles Charitable activiles 287.120 287.120 NET INCOME 50,451 50.451 RECONCILIATION OF FUNDS Total funds brought forward 71,976 71.976 Page 7 continued... Docusign Envelope ID.. FD3A30AA-7CC24A70-983D-65C4E66340D5 Mid Cornwall Lifest les Notes to the Financial Statements continued for the Year Ended 31 Au ust 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted fund Restricted fijnd Total fijnds TOTAL FUNDS CARRIED FORWARD 122,427 122.427 TANGIBLE FIXED ASSETS Plant and machinery COST At 1 September 2024 and 31 August 2025 500 DEPRECIATION At 1 September 2024 Charge for year 334 33 At 31 August 2025 367 NET BOOK VALUE At 31 August 2025 133 At 31 August 2024 166 DEBTORS: AMOUNTS FALLING DUE VIITHIN ONE YEAR 2025 2024 Trade debtors Other debtors Prepayments 6.413 30,323 1.200 1.845 30.841 1.094 37,936 33.780 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Taxation and social security Other creditors 5,245 3.755 2.900 7.641 9,000 10,541 Deferred income The following amounts are included in other creditors.. 2025 2024 At 1 September 2024 Amount released to income Amount deferred in year (unfulfilled grants) 5,500 15.5001 5.500 At 31 August 2025 5,500 Page 8 continued... Docusign Envelope ID: FD3A30AA-7CC24A70-983D-65C4E66340D5 Mid Cornwall Lifest les Notes to the Financial Statemenls - contin for the Year Ended 31 Au ust 2025 11. MOVEMENT IN FUNDS Net movement in funds At 31.8.25 At 1.9.24 Unrestricted funds General fvnd 122,427 8,040 130.467 Restricted funds Restricted 515 515 TOTAL FUNDS 122,427 8.555 130,982 Net movement in fiJnds. included in the above are as follows.. Incoming resources Resources expended Movement in ftjnds Unrestricted funds General fund 393,275 {385,235) 8,040 Restricted funds Restricted 8,110 17,595) 515 TOTAL FUNDS 401,385 {392.830) 8.555 Comparatives for movement in funds Net movement in funds At 31.8.24 At 1.9.23 Unrestricted funds General fund 71,g76 50.451 122.427 TOTAL FUNDS 71.976 50.451 122.427 Comparative net movement in fijnds, included in the above are as follows: Incoming resources Resources expended Movement in fund5 Unrestricted funds General fund 337.571 1287,1201 50.451 TOTAL FUNDS 337.571 1287.1201 50.451 Page 9 continued... Docusign Envelope10.' FD3A30AA-7CC24A70-983tk65C4E66340D5 Mid Cornwall Lifest les Notes to the Financial Statements continued for the Year Ended 31 Au ust 2025 11. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined position is as follows= Net movement in funds At 31.8.25 At 1.9.23 Unrestri¢ted funds General fvnd 71.976 58,491 130,467 Restri¢ted funds Reslricted 515 515 TOTAL FUNDS 71,976 59.006 130,982 A current year 12 months and prior year 12 months combined net movement in funds. induded in Ihe above are as follows". Incoming resources Resources expended Movement in funds Unrestricted funds General fund 730.846 {672.3551 58,491 Restricted funds Restricted 8,110 {7.5951 515 TOTAL FUNDS 738.956 {679.9501 59.006 12. RELATED PARTY DISCLOSURES See note 3 in regards to funds re￿iVed as an agent this transaction is in relation to a trustee of the charity. Page 10 Docusign Envelope ID= 6FFOOE2B-82954FAE-B3B2-C43F4AgEOE56 Mid-cornwall Lifestyles Annual Report 2024 - 2025 Mid Cornwall CIO No. 1152509 Docusign Envelope ID.. 6FFOOE2&82954FAE-B3B2-C43F4A9EOE56 Back round to Mid-cornwall Lifes les Our Vision: Our vision is to help you live your life, your way, with our support. Our Mission Statement: We will support individuals with a long term health condition, disability or with additional needs to fulfil their own personal ambitions and to live the lifestyle of their choice with the help of our trained and dedicated Support Workers. Aim The aim of Mid-cornwall Lifestyles is to offer people the opportunity to develop the lifestyle of their choice. 'Lifestyles' describes a way of working with people as equal partners in a service. The participant is the central focus of any work undertaken; they have the responsibility for deciding the nature, direction and pace of that work. They have the right to expect to take informed risks. learn from experience. have fun. make mistakes; lead a life that has the same opportunities for happiness, disappointment and fulfilment as anyone else. Docusign Envelope ID.. 6FFOOE2B-829HFAE-B3B2£43F4A9EOE56 Histor Mid-cornwall Lifestyles emerged from a short-term Social Services initiative based in St Austell that people did not want to lose. A group of disabled people who had been receiving the service sought the help of Scope through its Community Field Worker and received a grant of £5,000 for development work. That year's work produced a successful lottery bid worth nearly £123,000 over three years and so enabled the project to begin. Mid-cornwall Lifestyles is a Charitable Incorporated Organisation. Mana ement The original management committee has been extended from within the participants of the project and the majority of Trustees of the charity are people with disabilities. The Chair of the Trustees is a remaining founder member of the original management committee. The CEO who led the Charity since its inception in 1999 handed over the overall management responsibility to the current CEO in 2020. A team of 26 dedicated and skilled Support Workers, a Digital Project Worker and a Deputy Manager (12 Full-Time Equivalent) assist the manager in the delivery of the service to the people of Cornwall. Partici ants Mid-cornwall Lifestyles offers a service to people over the age of 18 with no upper age limit. The project offers a service to any person Docusign Envelope ID.. 6FFOOE2B-82954FAE-B3B2-C43F4A9EOE56 with any disability (we operate a self-definition of disability) and a request can be made by the individual or by referral from a close companion or family member, Adult Social Care, G.Ps, NHS, Occupational Health or via partner organisations. The majority of our clients fund the support that we provide them through Direct Payments they receive from Cornwall Council Adult Social Care. These payments enable clients to have control over who they use to provide their care and support. Our core work has 3 elements: 1. Individual Su ort a) Individual services for clients referred by the Department of Adult Social Care and Cornwall Partnership NHS Foundation Trust. b) Cornwall Disability Alliance projects c) Assisting individuals through their Direct Payment Personal Budgets or self funding. The above Individual Support includes any or all of the following but does not include Personal Care: befriending, advocacy, attending court, liaising with police, providing transport and support to attend appointments, negotiating with debt support and other agencies, assisting with benefits forms and claims and attending appeals, writing letters, organising holidays, shopping, exercising, attending concerts, sporting events and developing online digital skills- all in the name of choice and increased access to the things in life that most people take for granted, thus increasing independence, health and well-being. Docusign Envelope ID: 6FFOOE28-82954FAE-B3B2-C43F4A9EOE56 2. Advocac Mid-cornwall Lifestyles supports clients with advocacy issues separate to general care and support. The range of intervention on behalf of individuals has included support in meetings with the Police, Solicitors and attendance at Courts, Citizens Advice Bureau, Adult Social Care, Safeguarding and Vulnerable Adult meetings, Debt Management Agencies, Care Agencies, Banks, Benefits Agency, Funding Agencies. This intervention covers a whole range of issues from debt to persecution and abuse. 3.su ort of other charitable or anisations The project continues to support other charitable groups. We are a member of the Cornwall Disability Alliance network. Docusign Envelope ID.. 6FFOOE2B-82954FAE-B382£43F4A9EOES6 Chair of Trustee's Re ort for Year endin ust 2025 This year was a very big year for us because we celebrated our 25 year of operations. What began as a three year funded project has continued and developed into the charity we are today and we remain true to those original values and aims which is to support people to live their lives as they choose. th We held a celebration event in September 2024 where friends, clients and staff came together to reflect on our journey and enjoy music, fun and games. As Chair of Trustees, I was pleased to record a short interview video with our CEO'S past and present about Mid-cornwall Lifestyles which is on our website. By sad coincidence the event took place on the same day as the funeral for our friend and trustee Simon Slatter. A number of us managed to attend both events. We discussed the event plans and his family and those who knew him were confident Simon would have wanted to celebration to go on. He always loved a party! Through donations made we decided to commemorate him with the creation of the annual Simon Slatter Award for someone who shows resilience, good humour and progress towards their goals. The first award has been given to a worthy client at our recent Christmas event. Events and activities have been a big part of this year as we intended. We held a well attended beach BBQ in Bude, boat trips with Wet Docusign Envelope ID.. 6FFOOE2B-82954FAE-8382£43F4A9EOE56 Wheels in Falmouth, arts and crafts workshops as well as sporting events. Unfortunately this year has also had another sad event where we lost our dear client Mark who died unexpectedly when out with his support. This was a tragic and traumatic incident that affected us all. The charity rallied to support those directly involved and carried out the requirements of the Charity Commission. Thanks must go to Matt Read, who as a valued new trustee, took on the review and report writing for this incident. I would like to remember both Simon and Mark and reflect on what Mid-cornwall Lifestyles can learn from their lives and experiences. I wish to thank the whole Mid-cornwall Lifestyles team, volunteers and my colleagues on the Trustee board as well as all the participants who make everything we do so worthwhile. l also thank our partner organisations and funders for their continued support. Artemis Trust CAB Claire Milne Trust Cornwall Adult Social Care Cornwall Disability Alliance Cornwall Voluntary Services Cornwall Voluntary Sector Forum Cornwall Partnership NHS Foundation Trust Cornwall Community Foundation Docusign Envelope ID.. 6FFOOE2B-82954FAE-B382£43F4A9EOE56 DisAbility Cornwall Federation of Small Businesses Food Banks Neetside Community Centre, Bude National Council for Voluntary Organisations Scope for St Austell Sovereign Payroll Solutions St Austell PHAB Signed: Slwntd by.. OJL Iltskyis BED7AC375393470.. Ewan Morris - Chair of the Trustees, Mid-cornwall Lifestyles Date: 05-03-2026 Docuslgn Envelope ID". 6FFOOE2&82954FAE-B3B2-C43F4A9EOE56 CEO'S Re ort for Year endin ust 2025 This year Mid-cornwall Lifestyles has continued to build on the progress we have made as an organisation in the recent years whilst taking the time to look back at how it all began for MCL in September 1999. Retaining the ethos of "Your life, your way with our support" remains important and we continue to support many longstanding clients through Support Workers who have been with us for many years whilst starting support with new and younger clients. In this year we supported 28 clients and delivered an average of 350 support hours a week through our 25 Support Workers. Its great to look back and see how far we have come but MCL needs to look to the future. As an example, during this year we have increased the number of younger clients we support who are moving from children's services to adult services. A number of these clients are neuro divergent or autistic and our support helps them access the community and build independent living skills. To help our Support Workers build knowledge and specialist skills we arranged some in person neuro divergency training and we are developing our expertise as an organisation supporting these clients. We are looking to build our reputation as an organisation in this area of support. Docusign Envelope ID.. 6FFOOE2B-82954FAE-B3B2-C43F4A9EOE56 Behind the scenes we continued to improve our efficiency with charity administration and HR. I have been very grateful for Becky Rowland's support and we have made progress on sharing some of the duties regarding payroll, invoicing and HR. As a management team of two we are deeply involved in all aspects of the charity business. We have also increased our Trustee group in the latter part of this year and the teamwork, management and commitment to helping our clients and Support Workers was required in July to help MCL through the experience of the death of a client in traumatic circumstances. We all pulled together during and after the event and have reviewed and developed from the sad occurrence and we are a stronger charity that understands what makes us special and is looking forward to the future. E991F09867C648g... Edward Whitefield - CEO Mid-cornwall Lifestyles 0510312025 05-03-2026 10 Docusign Envelope ID.. 6FFOOE2&82954FAE-B382-C43F4A9EOE56 Treasurer's Re ort for Year endin ust 2025 l am pleased to present the financial report for Mid Cornwall Lifestyles for the year ended 31 August 2025. The charity has maintained a stable financial position while continuing to deliver and expand our core services. Financial Summary Total Income: £401,385 (an increase from £337,571 in the previous year). Total Expenditure: £392,830 (compared to £287,120 in the previous year). Net Income: The charity generated a net income of £8,555 for the year. Income and Expenditure The vast majority of our income continues to come directly from our charitable activities, which generated £385,447 this year. We also received £14,258 from donations and legacies. Because our services rely on providing direct, personalised support, our largest expenditure is our staff. Total staff costs for the year were £295,306. This reflects an investment in our workforce, as our average number of employees grew from 21 to 25 people during the year. Docusign Envelope ID.. 6FFOOE2B-8295-4FAE-B382£43F4A9EOE56 Reserves and Going Concern The charity ends the year in a secure position. Total funds carried forward stand at £130,982, of which £130,467 are unrestricted general funds. At the close of the year, our cash at bank was £101,913. The Trustees are currently formalising a policy to hold between 3 and 6 months of average operating costs in unrestricted resenies. These reserves are held to ensure we can cover unexpected costs, continue providing support, and pay our staff without interruption if funding is temporarily delayed, or to allow for a responsible, managed wind-down of sepdices should it ever become necessary. However, after reviewing these figures, the Trustees believe that current and future sources of funding are more than adeq uate for the charity's needs. Therefore, there are no material uncertainties about the charity's ability to continue as a going concern. Thank you to the funders, partners, and donors who make our work possible. I would also like to formally thank our management team, staff, and volunteers for their continued hard work and commitment to the charity throughout the year. Signed: S￿ned by. 016648FE58CB4S1... Matt Read - Treasurer Mid-cornwall Lifestyles Date: 05-03-2026