Charlty rezbtrntlon number 1154034 (En8land and Wales) CLEAN SHEET ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CLEAN SHEET
CLEAN SHEEr LEGAL AND ADMINISTRATIVE INFORMATION Trustees A Coyle S iawes R Gwynn A Newell Smay {Appointed 7 February 20251 (Appointed 7 February 2025) Senior management S Graham Chief Executive Officer Charity number qEnzland and Wales} 1154034 Prlndpal address clo Caladine Chartered Certified Accountants Chantry House 22 Upperton Road Eastboume East Sussex BN21 IBF Independent examlner John Caladine FCCA cfA FCIE Caladine Limited Chantry House 22 Upperton Road Eastbourne East Sussex BN21 IBF Bankers TSB 400/402 Derby Street Bolton BL3 6LS
CLEAN SHEEr CONTENTS Chair's review Trustees, report Statement of Trustees, ponsIbIlitieS Independent examinerfs port statement of finanaal activities io ststement of finandal posltion li Notes to the financial sL*ements 12-23
CLEAN SHEEr CHAIR'S REVIEW FOR THE YEAR ENDED 31 MARCH 2025 It has been another milestone year In the lrfe of aean Sheet. We continued to be at the forefront of supporting people with oll types of convictions to find employmenL induding tlwse with the most complex convictions. Not every or8anisation does this - some people who come to us have been tumed down for support elsewhere because of a complex convlction. But thls Inevltably begs the question, how do they get the help they need to find work. especially as employment reduces the risk of reoffending? l am proud that Clean Sheet plays a crucial part in fillin8 thls gap. A considerable outcome was to see 158 men and women with convictions find work or tralnin8 in 2024-2025. Almost 40% of those securing employment had complex convictions- no mean feat! Our Internal dats shows that those with complex conviction5 take longer to find work and as a result. we have seen ftwer outcomes overall compared to the previous year. But this in some ways is less of a factor- If we are helping people wlth convirtions, including those with the toughest offen. to find work or trainin& move forward wsitively and not reoffend, that 15 a win. Also notable Is the fact that our averdge job 5UStainment rate over 12 month5 (for those engaged with us) wa5 still high at 67%. Our Member5 (people with convirtlons) include those who have never worked before, have mental health issues. have learning needs andlor have fad other Challenges. such as family breakdown, homelessness or addictlon. The joumey Is not easy and the are often ups and downs but It's certainly worth it. As one Member, 'Graham' said: "It would ht7ve been eosy to write me off os Just another lost cause like so mory have done in the pa but instead [Clean Sheet] saw my potentiol ond pmwded thrt wtal 5UPPrt Their empothetic andfvcu5ed oppnx7ch doesnt Just help Indivlduats It makes our communlties stronger by pmvidlng o service that pmvides positive outcome5. 1 om forever grotefvi that when I needed someone in my corner Cleon SheeL. was there." The team worked hard thls year to build our funding base and their efforts wefe rewarded with securing two
year fundlng grants. These have provlded much-needed stsblllty at a tlme when both the charlty and Crimirial Justice sectors are facing considerable upheaval and change. As we look to the year ahead. we know that further challenges are on the horizon. Public perception is stlll a massive barrier to people with convictions finding work. It's yet to be seen what impact the National Insurance Increase will have on charlties and the wlder business landscape in tems of jobs and the economv. But we are a150 hopeful - our Christian faith is foundational to that. It's what yeS us motivation and encouragement. We will continue to provide support to people of all faiths ar Ine, hopefully inspiring them in their joumeys to move forward and find hope for the future. Amanda Coyle Chair Date: .
CLEAN SHEEr TRusfEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present thelr annual report and financial ststements for the year ended 31 March 2025. The finanoal ststements have been prepared in accordance with the accounting policies set out in note I to the financial Statements and comply with the d)arity's Constitution. the Charities Act 2011 and "Accountlng and Reporting by Charities: Statement of Recommended Prattice applicable to charities Pparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective l January 2019). Oblectl¥es and ActMtI•s The charity is established as a Charitsble Incorpordted Ofganlsatlon (CIO) and tts activities a regulated by its Constitution. The objects of the charity are: l. to promote social inclusion to preven( in particular {but not eluSIve1vI prisoners and ex-offenders from being socially excluded. relieving the needs of people, who are socially excluded and assisting them to Integrate into society. 2. to relieve the needs of prisone and ex-offenders. who as a result of impri%>nment are suffering the effects of unemployment. finantsal hardship, ill health and disability. Vlslon and Mlsslon Clean Sheet's Vi5i0n is that people with convictions: have significant opportunities to secure employment: and relntegfats and Impact posltlvely on thelr cornmunltles. aean Sheet's mlsslon Is to Impnjve Indivldual Ilves and contrlbute to safer communities by provldln8 employment opportunities fof people with convictions to enable them to reach their full potential. Public benefft The Trustees confirm that they have 8iven due regard to public benefit guidance published by the Chartty Comm15slon. Helping people with conviction5 secure employment has a positive effect on communitles, helping to reduce reoffending and create a safer society. The Trustees remain commttted to the mission of aean Sheet and seek to ensure that new developments and current work continue to deliver outcomes that contribute to the mission of the or8anisation. therefore ensuring that public benefft remalns strorva.
CLEAN SHEEr TRUSfEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achlevements and Perforniance Slgnlficont ortlvltles and achievements ogolnst objecuves Clean Sheet successfully provlded tallored rernote employment SUPPOrt natIonal to people wlth convictions, over the age of 18. Through this support. Clean Sheet helped 158 Members {people with convictions) to Secure work or training during the finanaal year - 111 into work and 47 into work-related training. Members found employment in a 4oriety of industries. from entry level to mana8ement roles. Industries included: construrtion and trades: distribution, tran5POrt and warehouse; h05pitslity and catering; facilities mana8emenL and retail. aean Sheet has an Employer5 Dlrectory of over or8anlsations that have committed to recemng applications from people with convictions to be considered on merit and skill, rather than their convittion. Durin8 the year, Clean Sheet onboarded six new employers to be added to the Directory and five new trainSng providers. This opened up opportunities for Members In a number of aa$ Includin8108iStics, social care and telecoms. aean Sheet's job sustainment rate remained at a si8nificant level. On average. 66% Members continued to engage wlth aean Sheet In the 12 months after they had found work {to March 20251. Of those who engaged, an average of 67% were still in work at the end of 12 months. This Is a considerable result as it shows Member5 successful sustaining employment which is a strong irbdicator of living crlme-free and not reoffending. Member feedback hhlIghted the Impact of the support. These induded: ..1 wonted to s(ry thank youfor oll the help and quidonce you have provided over the hst yeor It hos been a huge pillor of Stability ond support in my lift. I genuinefy wvuldnt be in the place l om now without you. And I will never be abk to thank you enoughfor thrt- . it W05 50 good to hove s¢yneone believing in me. encouraging me to golor role5.- "I would soy the best thing obout the service h05 been you. You ve kept me on tmcl gently nudging when needed, available to help. fve alwaysftlt able to ask any question5 no matter how seeminqly ins"gnificont.- "One ol my interviews wa5 with an employer I came acro55 through the Clean Sheet Dirertory. Being able to go Into on Intervlew ond not be pre4udged. was amozlng. Not oll componie5 are like thot.- "One of the most voluable aspects of being o Clean Sheet member is that the orgoni5Gtion pmvided excellent support and reSoUrS fvr individuols seeking to better themselves and their circumstonce5. Cleon Sheet regularly shored both training information ond job opportunities which not onfy helped tofind work but also olmed to reduce reoffendlng rotes. What Impressed me most wos thelr focus on sklll-bulldlng to enable Individuols to reoch theirfvll potentiol. I benefitedfrom CV buildin training opportunities ond interviewing technlques These Involuable re50urce5 not onty enhance my pmftsslonol development but wlll 0150 equip Me with the necessary 5ki115 to enhonce in myfvture career. The social value that CleGn Sheet demonstrnted wos evident. The network of offjonisotion5 0550ciated with aean Sheet certainly played a crucial role in empowering individuols Ilke myself to reach thelrfvllpotential ond contrlbute positively to soclety."
CLEAN SHEET TRusfEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 In addition to the core remote employment supporL Clean Sheet also delivered trainin8 workshops on dlsclosure (l.e. how to talk to an employer about a convictlon) In three prlsons. A total of 99 Indlvlduals undertook this trainlng to help build their skills and confidence in disclosing. Feedback comments Included: -It outlined the thlngs I need to work tm ond the steps I need to toke and reminded me of long-fvrgotten interview techniques." -Ifound leorning obout unspent andspentconvictions ond when to dlsclose rnost usefvl.- fvund it usefvl to leorn lW to disclose on on applicotionlom? in a woy thot leoves the dooropen." "I now know what ond when I need to tell the employer and more importantfy how to do It well." he workshop helped me to build my confidence and ski115 In dlsdosinq." Lastly, Clean Sheet continued to partner wtth PricewaterhouseCooper5 (PWCI. a global accountancrf firm, to provide mock Interview skills sessions for Members. These proved indIuab1e to Members to help them in their interview confidence and ability. Feedback comrnents included: "I reolly enjoyed toking part in the skills worksIp." l fvund it imloluoble getting to leorn drfferent types of InteThiews from dfftrent intervlewers and prartislng my skills in a saft envimnment. I would highly recommend o skills workshop like thi5 to onyone ond I'm reolty grnteful to Pwcfvr their time ond knowledge ond olso Clean Sheetlor hostinq o great session. Thonk youl- "l om genuinely so hoppy that I wos oble to toke port in this inteThiew M?rkshop.' l odmit I was very nervous, to the extent I wos golng to pull ou¢ but I'm so glod I dldn't Ym trufy grateful to the Interviewe fvr their support kindness ond positivity. lftlt truly lrfted up ot the en4 ond more positive about myseff. Thank you so much.- Yhe fredback fmm the intenilewers g(we me the confidence to believe thot I con perfom? well in an Interview situotlon. They provlded p051tive ond construrtive ftedback thot I wlll definltely be opplylng to fvture interviews.- Staff and volunteers Clean Sheet had a staff team of 14 people during the course of the year {FfE 8.4). The staff team comprised of six Employment Team Advisers, a Members Team Lead, an Employer Engagement Officer, a Fundralsing and Communications Officer, a Pro8ramme Facilitator {prison contract). an Operations Manager, partnehIp Manager, a Fundr31sing Manager and a CEO. In addltlon, Clean Sheet had two volunteers- one volunteer chaplain and one CV volunteer.
CLEAN SHEEr TRUSfEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Portner5hip5 aean Sheet worked In partnershlp wlth a number organisations and was grateful to Its pr15{ and communlty partners throughout the year. Durin8 2024-2025, these partnefships included: Cornmunlty Partners: Dorset Police and Crfme Commissloner. Kent. 5urrey and Sussex Probation; Suffolk Police and Crime Commissioner/Suffolk Community Foundation: Surrey Police and Crime Commlssloner; and Sussex Communlty Foundation Prisons: HMP Fosse Way. HMP Hewell and HMP Thameside Sinre thanks go to Clean Sheevs supporters and its grant funders induding: The AS Charitable Trust, The Langley Trust, The National Lottery, The Noel Buxton Trust and The Trusted Executive Charitable Foundation. Flnanclal Revlew Clean Sheet finlshed the previous financlal year lendlng March 20241 with a deficit of £3,222. However, Clean Sheet was able to offset this deficit and had a dosing financial position at the end of March 2024 of £11.297. Reserves poliry Clean Sheet's policy is that unrestricted fiinds whith have not been designated for a specific use should be maintained at a level equivalent to three rnonths. expenditure. Thls has been calculated at £83,IJY). The Trustees consider that reserves at this level would ensu that, in the event of a significant drop in funding. they would be able to continue the charitS current activities while consideration was given to ways in which addrtional funds could be raised. Despite this, It was not possible to have reseryes equalling thls amount during the financial yEar. aean Sheet has a plan in plate to Secu multi-year fundin8 in order to put the charity on a more Stable footing finanualty and will also seek to build up reserves over the next three years. Clean Sheet was founded In 2010. It Is a Charltsble Incnrporated Organisation (ao). reglstered with the Charity Commission on tst October 2013. The CIO was established under a Constitution. whith established the objects and powers of the d)arlty and is governed under this Constitution. In the event of the ao being wound up. the members of the CIO have no Ilablllty to contribute to Its assets and personal responsibllity for settllng its debts and Ilabllltle aean Sheet does not pay Its Board members apart from relmbur5ing expense5 and provldlng Indemnity insurance. Durin8 the financial year. the Trustees delegated to the Chief Executive Officer ICEO) full control over the operation of Clean Sheet within policy. The CEO attended meetings of the Board. It was the duty of the CEO to further the mission of Clean Sheet and to erwre that management was efficient. effective and ran In accordance with good business prartice.
CLEAN SHEEr TRusfEES' REPORT (coKfiNUED) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees who served during the year and up to the date of signature of the financial statements were: M Malden A Coyle S Lawes R Gwynn A Newell Smay (Reslgned 7 February 2025) (Appointed 7 February 2025) (Appointed 7 February 2025) Recruitment and oppntrnent of tnjstees New tru5tee5 will be recruFted with due regard for their skills. knowledge and exper1efi to enable the effertive administration of the charity. A copy of the constitution and any amends to R. plus a copy of the latest Annual Report and Accounts will be made available to trustees on or befo their first appointment. Any new trustee will be appointed for a term of three years by a re501ution passed at a proper convened meeting of the charity trustees. There were two new twstees appointed during the financial year. aean Sheet is lookin8 to expand its trustees and will seek a trusteels) with lived experien. where possibk. Organisotlonal rtrurture Clean Sheet 15 Structured as follows: Frontline six Employment Team Advlsers. a Members Team Lead and a Programme Facllltstof (prison contract) Off5cers- an Employer Engagement Officer and a Fundrdlsing and Communications Offlcer Mana8ers- Operations Manager, Partnership Manager and Fundraising Manager CEO The Trustees, report wa5 appro by the Board of Trustees. A Coyle Chair
CLEAN SHEEr STATEMENT OF TRUSTEES, RESPONSIBILMES FOR THE YEAR ENDED 31 MARCH 2025 The Trustee5 are responsible for preparin8 the Tru5tees' Report and the financial statements In accordance wlth appllcable law and Unlted Klngdom Accountlng Standards Iunlted Klngdom Generally Accepted Accounting Practice). The law applicable to charitie5 in England and Wales requires the Trustees to prepare financial ststements for each financial year which gtve a true and fair view of the state of affairs of the charity and of the incomlng sources and applicatlon of resources of the charity for that year. In preparing these fSnanclal statements, the Trustees are requlred to: - select suitable accounting policies and then apply them consistently; - obserrfe the methods and principles in the Charities SORP. - make Judgements and estimates that are reasonable and prudent; State whether applicable accounting Standards have been followed, subjert to any material departures disclosed and explalned In the finandal statements. and prepa the financial ststements on the 80in8 COnM basis unless it Is inappropriate to presume that the charlty will contlnue In operatlon. The Trustees a ponSIble for keeping suffiaent accountin8 records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financtal ststements comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulatlons 2(XJ8 and the provlsions of the trust deed. They are also responsible for safe8uardin8 the assets of the charity and hen for tsking reasonable steps for the prevention and detertion of fraud and other irregularities.
CLEAN SHEEr INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF CLEAN SHEEr l pOrt to the Trustees on my examination of the finanaal ststements of aean Sheet (the charity) for the year ended 31 March 2025. Responslbllltles and basls of report As the Trustees of the chartty you a responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the charit5 financial statements caThied out under 5ertion 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directlons given by the Charity Commission under sectlon 14515)(b) of the 2011 Art. Indepdent ey2mlnerts statement Since the charity's gross income exceeded £250.(MM), the Independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examination because l am a member of the Association of Chartered Certlfied Accountants, whlch Is one of the Ilsted bodies. Your attention is drawn to the fact that the charity has prepared the finanaal statements In accordance wlth the relevant version of the Statement of Recommended Prattl applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Prartice issued on l April 21x15 whith is referred to in the extsnt regulations but has now been withdrawn. I understand that thls ha5 been done In order for the financial statements to provide a true and fair view In accordance with UK Generally Accepted Accounting Practice. I have completed my examlnation. I confirm that no matters have come to my attentlon In connectlon wlth the examination gNing me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by sertion 130 of the Charitie5 Act 2011. the financial statements do not accord wlth those record5; or the finanual statements do not comply with the applicable requirements conoming the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2(K)8 other than any requirement that the finanaal statements 8ive a true and fair view, which is not a matter considered a5 part of an independent examination.
CLEAN SHEEr INDEPENDENT EXAMINER'S REPORT (CONTINUED) TO THE TRUSTEES OF CLEAN SHEET I have no conM5 and have come across no other matters In connection with the examination to which attentlon should be drawn In thls port In order to enable a proper understandlng of the finandal statements to be aChed. John Caladlne FCCA cfA FaE Caladine Umited Chantry House 22 Upperton Road Eastboume East 5u55ex BN21 IBF
CLEAN SHEET STATEMENT OF FINANCIAL AcrivmES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Totsl funds 2024 funds 2024 2025 2025 2024 Income and endowments from: Donations and legacles Charitsble activltles Other income 169,648 78.409 73.818 243,466 78,409 204.110 76.158 2,200 206.310 76.158 Totsl Income 248,466 73.818 322.284 280.454 2.200 282.654 ExperMlltur• on: Raising funds Charltable activities 37,187 202,129 5.805 42,992 62.fA4 264.773 26.422 223.106 26,422 225,306 2,21X) Total expendlture 239.316 68,449 307.765 249.528 2.200 251.728 Net irKome and movement In fvnds 9,150 5.369 14,519 30,926 30.926 RecontllL*lon of funds: Fund balances at l Aprfl 2024 (3,222) (3,222) (34.148) 134,148) Fund balances at 31 March 2025 5,928 5,369 11,297 (3.222) 13,222) The statement of financial activities indudes all r4ins and losses recognised in the year. All incorne and expenditure derlve from contlnulng activities. -io-
CLEAN SHEEr srATEMENT OF FINANaAL pOS10N AS AT 31 MARCH 2025 2025 2024 Current assets Trade and other receivables Cash at bank and In hand 14 8,740 166,160 5.633 17.796 174,9J) (163,603) 23,429 126,651) Current Ilabllltles Net current assetsl(Ilabllltles) 11.297 13,2221 The funds of the charfty Restricted Income funds Unrestrlrted funds 5.369 5,928 13.222) 11.297 (3,222) The financial statements were approved by the Trustees on . .. . A Coyle Chair li-
CLEAN SHEEr NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Charlty Inforni•tlon Clean Sheet 15 a Charitable Incorpordted Organisation govemed by its corltUtIon dated l October 2013. Ll Accountlni Conventlon The financial ststements have been prepared in accordance with the charitys Constitution. the Charltles Act 2011, FRS 102 "The Flnancial Reportlng Standard appllcable in the UK and Republlc of Irelan I"FRS Iof) and the Charitles SORP 'Accountin8 and Reportin8 by Charities: ststsment of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland {FRS 102)" (effective I January 20191. The charity is a Public Benefit Entity as defined by FRS 102. The charity has tsken advantsge of the provisions in the SORP for charities not to prepare a Ststement of Cash Flows. The flnanclal statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved followin8 the Statement of Recommended Practice for charbties applying FRS 102 rather than the version of the Statement of Recommended Prartlce which is referred to in the Re8ulations but which has Since been withdrawn. The flnanclal ststements are prepared In sterlln& whlch Is the functlonal currency of the charlty. Monetary amounts in these financial statements a rounded to the nearest £. The finanaal Statements have been prepared under the hlstorical cost convention. The princlpal accounting pollcles adopted are set out below. 1.2 Golng concern From l Aprll 2023 the charfty was no longer a subsldlary of Langley House T. The Langley House Trust has agreed to provide three grants of £l(X)k each to aean Sheet between l April 2023 up to 31 March 2026 to support aean Sheet In Its onward sustainablllty. The second tranthe of funding was recognised in this finanaal year. The charity continues to seek fvrther fundin8 from partners and grant making trusts to ensure operations can continue beyond March 2026 once the support from The Langley House Trust ends. The d)arity'S financial statements have been prepared on a going concern basis which assumed an ability to continue operatin8 for the foreseeable future. 1.3 Charitable funds Unrestrleced fvnds are avallable for use at the discretion of the Trustees In furtherance of their charitable objectives. Restrlcted funds are sublert to specffic condltlons by donors or grantors as to how they may be used. The purposes and uses of the restrirted funds are set out in the notes to the financial statements.
CLEAN SHEEr NOTES TO THE FINANCIAL STATEMENTS (coKnNUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Contlnued) IA Income Income Is recognised when the chartty Is legalty entitled to it after any performance condltions have been met. the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on recelpt. Other donations and Grdnts are recognised once the charity has been notified of the donation. unless performance conditions require deferrdl of the amount. Income tsx recoverable In relation to donatlons received under Gift Aid or deeds of covenant is recognised at the time of the donation. L5 Expendlture Expenditure is recognised once the is a legal or con5tructlve obligatlon to transfer economlc benefft to a third party, it is probable that a transfer of economic benefrts will be required in settlement, and the amount of the obligation can be measured reliably. 1.6 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less. and bank overdrafts. Bank overdRfts are shown withln borrowings in current liabllities. L7 Flnandal ITtrl4Ments The charFty has elected to appty the provisions of Section 11 'Basic Flnancial Instruments, of FRS 102 to all of tts financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contrdctual provisions of the instrument. Financial assets and liabilities are offset. wtth the net amounts presented in the financial ststements, when the is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net bas15 or to realise the asset and settle the liability simultaneously. kgaskllnandal ossets 8asic financial assets, which Include trdde and other reofvables and cash and bank balances. are initially measured at transaction price induding transartion costs and are subsequently carried at amortised cost using the effective Interest method unless the arrangement constltutes a flnantlng transaction, where the transaction is measured at the Psent value of the future receipts discounted at a market rdte of interesL Financial assets classified as receivable withln one year are not amortlsed.
CLEAN SHEEr NOTES TO THE FINANCIAL STATEMENTS (coKllNUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Contlnued) Boskfinondal Ilobllltles Basic financial liabilities, including trade and other paableS and bank loans a initially recognised at transaction price unless the arrangement constttutes a finanang transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost. usin8 the effettlve interest rate method. Trade paydbles are obligations to pay for goods or services that have been acquired in the ordlnary course of operations from supplier5. Amount5 padble are da55ified as current liabilitie5 if payment IS due within one year or less. ff noL they a presented a5 non-current liabilities. Trade payable5 are recognised initially at transaction price and subsequently measured at amortised cost using the effeCth interest method. Derecoqnltlon offlnandal Ihybllltles Financial liabilities are deco£nISed when the Chari$ contractual obligations expire or a discharged or cancelled. 1.8 Employee benefits The cost of any unused holiday entitlement Is recogntsed In the period In which the employee'5 services a recelved. Tennination benefits are recognised Immediately as an expense when the charity is demonstrablv committed to terminate the employment of an employee or to provide termlnation beneftts. L9 Rellrement beneffts PanentS to defined contribution retirement benefit schemes are charged as an expense as they fall due. Crltkal accountlni e#lmat•s and Judgem•rts In the appllcation of the thariVs a¢untIng policles the Trustees are requlred to make Judgements, estimates and assumptions about the carrying amourrt of assets and liabilities that a not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevanL Artual results may differ fmm these estimates. The estimates and underlying assumptions are reviewed on an ongoing basls. Revisions to accounting estimates are recogni5ed In the period in which the e5ttmate Is revised where the revlslon affects only that period. or in the persod of the wision and future periods where the revision affects both cUrnt and future periods. -14-
CLEAN SHEEr NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donatlons and le8ades funds 2025 funds 2025 funds 2024 funds 2024 2025 Xi24 Donatlons and glfts Grants 5.310 198.8CKI 5.310 201.OCN) 162.QJ) 73.818 235,818 2.2iXI 169,648 73.818 243.466 204.110 2.200 206,310 Income from tharltable actlvltles Unrestrfrted Unrestrkted funds funds 2025 2024 Prlsons, partners and employers 78,409 76,158 Other Inax Vnrestrfrted Unrestrlcted funds fvnds 2025 2024 Insurance claims receivable
CLEAN SHEEr NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on ralslng funds Totsl fvnds 2025 funds Z025 funds fvrKIs 2025 Fundralslng and publl¢lty Seekin8 donations, grdnts and legacies stsff travel and subsistence Fundraising agents Other fijndraising costs Staff costs 385 5A20 5,420 311 25,571 311 25,571 37,187 37,187 37.187 5.805 42,992 26,422 26.422 -16-
CLEAN SHEET NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on tharftable actlvltles Prisons. partners partners and employers employers 2025 2024 Stsff costs Staff travel 176,943 9.779 148,566 6,860 186.722 155,426 Share of support and governance costs Isee note 8) Support Govemance 74.309 3.742 65.498 4.382 264,773 225,306 Anatysls ty fvnd Unrestricted funds Restrlcted funds 202.129 62,644 223.106 2,2(XJ 264,773 225,3( -17-
CLEAN SHEEr NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs all(Kaled to acdvltles 2024 Staff costs Telephone Insurance Postsge and statlonery Subscriptions IT costs and sUPPOrt Payroll bureau Meetlngs and tralnlng Recrultment costs Other costs Governance costs 44,581 4,284 1.895 1.496 39,740 2,701 1.773 1.145 939 12,027 2,156 3.602 911 504 4.382 13.276 1.252 4.158 942 775 3,742 78.051 69,880 Ana Prisons, partners and employers 78.051 69.880 2025 2024 Independent examination fee5 Accountancy Legal and professlonal Trurtees travel and meeting costs 756 720 3.360 279 23 435 67 3,742 4.382 Nrt mov•ment In funds 2025 The net movement In funds Is stated after chargingl(credlting): Fees payable to the charity's independent examiner: - for the independent examinatton of the charity's financial statements - for other financial services 756 720 3.360
CLEAN SHEEr NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 MARCH 2025 None of the Trustees {or any persons connected with them} received any remuneratlon or benefits from the charity during the year. Trustees had travel and Meeting costs of £6712024: £23) met by the charity. 11 Employees The avera8e monthly number of employees durin8 the ar was: 2025 Number 2024 Number 14 12 Employment costs 2025 Wages and salarie5 Social security costs Other pension costs 233.992 12.415 12,304 197,773 7.554 8.550 258.711 213.877 The equivalent number of full-tlme stsff during the year vns 8.4 (2024: 8.3). There Wre no employees whose annual remuneration was more than £fJO.(MXI. Remunerntlon of key management pefsor•nel The remuneration of key management personnel was as follows: 2025 re8ate compensation 58,920 57,762 The charity is exempt from taxatlon on its act]vltSes because all Its Income Is applled for charitable purpose
CLEAN SHEEr NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Hxed assets On the l Aprll 2023 when the charlty separated from the Langley House Trust Group, rIouS computer and other equipment was trdnsferred which previously had been fully expensed. 14 Trade and other recelvables 2025 2024 Amounts falllng due wlthln one ye•p. Trade receivables Other receivables 6.020 2,720 2.966 2.667 8,740 5,633 15 Curreirt Ilabllftles 2024 Other taxation and Social security Deferreil Income Other payables cruats 3,203 156,250 1,990 2.160 16 21,763 163.603 26,651 16 Deferred Income 2025 2024 Other deferred income 156.250 21,763 Deferred income relate5 to the provision of 5ervlces to be performed In the future financial year. 2025 2024 Deferred income is Included within: Current IRbilities 156,250 21,763 Movements in the year.
CLEAN SHEEr NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Deferred Income (Contlnued) Deferred Income at l Aprfl 2024 Released from previous periods Resources deferred in the year 21,763 115,0(K) (21,763) (115.OLK)) 156,250 21.763 t)eferred income at 31 March 2025 156,250 21,763 17 Retiremerrt benefft sthem 2025 2024 Defined coiitrlbutlon sd*m•s Charge to profft or loss In respect of defined contrlbutlon schemes 12,304 8,550 The charity operntes a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held 5epar3tely from those of the charrty in an Independently administered fund. The restrlcted funds of the charity comprise the unexpended balan5 of donations and grants held on trust subject to speclfic conditions by donors as to how they may be used. At l Aprll Inrrynlry Resourtes At 31 March 2025 The National Lottery Community FurKI Suffolk Comrnunlty Fund New Ground Project Fundraising 60,0(KI 4,818 (56,6931 (4.818) (1,133) 15.805) 3,307 1,867 195 73.818 168,449) 5,369 Prevlous year. At l Aprfl Incoffllry Resour At 31 March 2023 reTCe$ expended 2024 Away Dayjuly 2023 2.21J) 12,2CKI) 21-
CLEAN SHEEr NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Restrlcted funds {Contlnued) Away Day July 2023 £2,200 was recelved from the AS. Charftable Trust for the away day on 1>20 July 2023. The National Lottery Communlty Fund Duriftg the year, the charity d5 awarded a grant of £2fA)k to be paid out in quarterly instalments over the next three years. This grant is to be utilised for the Reathing Communities/Partnetships programme. Suffolk Community Fund This fund represents monies 8i¥en to fund the provision of remote employment support for people with convirtions living or resettling in Sufft>l New Ground Project Moniès received to as5i5t wlth the creation of online reSOUTces and Member feedback input to accelerate the job search capabilities of people with convictions. Fundrnlsln8 Monies received to develop a new fundraising strateBY. Unrestrlcted funds The unrestrirted funds of the charity Comprlse the unexpended balances of donatlons and grants whlch are not subject to specffic conditions by donors and grantors as to how they may be used. These include designated fund5 whlch have been set aside out of unrestrirted fvnds by the trustees for specific purposes. At l Aprll Incom1 Resour At 31 March 2024 resources expended 2025 General funds (3,222) 248,466 (239,316 5,928 Previous year. At l knl Incomiry Resources At 31 March 2024 General funds {34.148) 280.454 1249.5281 13.222)
CLEAN SHEEr NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Unre#rfcted Restrkted fvnds funds 2025 2025 Total 2025 At 31 March 2025: Current assets/lliabllitles) 5.928 5.369 11,297 5,928 5,369 11,297 Total fvnds 2024 fuffids 2024 2024 At 31 Maffh 2024: Current assets/lllabilitles) (3.2221 {3,222) (3.2221 13.222) 21 Related party transactlons The were no disclosable related party transactions during the year12024- none).