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← Embrace (Bedford and District)

2025-03-31-accounts

Docusign Envelope ID: B9B15F68-2498-42D6-BE26-652E468027E3

www.embrace.org.uk Registered Charity 1156447

ANNUAL IMPACT REPORT 2024-2025

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A Message from Our Chair

The focus on providing exceptional care and support continues to be at our core. The families and young people we support are our motivation and we continue to be grateful they allow us to be part of their lives. Embrace’s staff and volunteers show great energy, commitment and dedication. It is humbling, as chair, to see them in action and hear from our families how they unlock possibilities.

Continuity of our service means so much to our families. Modernising and embracing change are vital to ensure the charity will continue to serve our community so well. This year has seen more new faces on the team. We have also made significant investment in technology and processes behind the scenes. An impressive history of over 70 years of service does not make us complacent. Refreshing and strengthening our foundations allow us to continue to serve for a long time to come.

Our people and our community are our guiding lights. Our commitment to serve is our highest priority.

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A Message from Our Services Director

Something that really aS resonates with me this year has been the onboarding of our community fundraiser who has brought people together in support of our cause, raising vital funds while also shining a brighter light on our work locally. With fresh new branding and a more focused social media presence, we’ve been able

to celebrate this achievement more widely and strengthen our connections within the community. Most importantly, this impact means we can continue to support those we serve and look ahead to exploring new and creative ways of offering support in the future.

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A Message from Our Children's Services Manager

When North Beds Toy Library closed, it felt such a loss - but their trust in us gave the chance to continue its legacy—and this year, our very own toy library turned one! Families save money by borrowing instead of buying costly specialist toys, and they gain peace of mind knowing support is always there. It’s wonderful to hear of the excitement to try the next toy, and the next one! I’m passionate about the value of play, yet it can be so easily lost among endless appointments— With the dedication of an amazing volunteer, it’s been a real highlight that we’ve kept this special resource alive, and thriving.

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Our Vision Our goal is to extend this transformative support to broader communities, amplifying our reach and positively impacting an increasing number of individuals and families in need.

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The Year in Numbers

A T a = —< a ele 268 Sessions this year Our Sessions Adventures ace~— \/—_~ Callyar Familyi Swim Swim Little Music Little Knit Nat JJis crew Makers Saplings : / P/C * LittlePeasSweet WeipeitgI Breakfast Outu Massage Stampede WellbeingVA Workshops Yoga 7 y | — /\ Walks

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Top 3 Sessions These are the most amount of sessions hosted

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Walks
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Yoga

49 Sessions

34 Sessions

34 Sessions

4590 hours hosting our sessions

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Support Interactions

Individual Family units 131

Individual Family Members 216

Individual Young Person 132

in our all of our sessions

Helped What was our reach? a rae these 90 people were : spread across all 90 Pid service areas New People!

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How many other organisations did we work with?

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How we used our funds The Impact

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The Impact...

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The Impact...

When we got to the school for swim my boy said the word “Happy” It melted my heart it is such a big thing to hear for us

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The Impact...

1b i m a

You asked we did

You wanted to continue coming along to activities after the age of 25 so we extended the age range for ACE

You asked for a face to face Knit-Nat craft session to make Christmas decorations to sell at the Embrace Christmas Fair

We delivered a craft session and it was so popular we are hoping to do it again next year.

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Celebration Balls

Our 70th Anniversary Fundraising Ball was the highlight of our community calendar and our most successful community fundraiser to date. It was a joyful evening filled with celebration, music, and laughter, as friends and supporters came together in style to mark this milestone year. Most importantly, thanks to the generosity and spirit of our community, the event raised over £17,000—funds that will make a lasting difference in the work we do.

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Our Young Person’s Ball gave young people the chance to design and enjoy a celebration that was truly their own. With their ideas, creativity, and enthusiasm shaping the evening, it became a memorable occasion filled with fun, laughter, and friendship. The event not only offered a special night of joy and connection but also showcased the incredible spirit and talent of our young people.

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This year marked the first anniversary of being gifted the Toy Library, an incredible resource that has quickly become a treasured part of our community. The library offers children and young people the chance to explore a wide range of toys, including many that can be costly within the SEND world. Thanks to the dedication of a wonderful parent/carer volunteer, the Toy Library not only eases financial pressures for families but also creates opportunities for children to play, share, and develop new skills in a supportive and joyful environment.

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Finance

Expenditure: £376,396 Supporting Young People £238,323 Running the Charity £105,503 Raising Funds £32,570

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Finance

Income £317,704 Grants £84,989 Fundraising £106,237 Local Authorities £105,748 Subscriptions £15,349

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Thank yous: To name a few

Grants

Bedford Borough Council, Bedford Giving, BLCF, Central Bedfordshire Council, Gale family, Harpur trust and Panacea.

Fundraising

Ampthill Baptist Church, Bedford Lions, Bedford Rotary Clubs, Benevity, BPL, Chequers Westoning, Cloverdale Café, DHL Express, Easy Fundraising, Gift Aid, Kempston Concert Band, Memory Giving, Potton Charitable Trust, Regular Givers, Service Express Europe, Shortstown Rangers, Social Media Gifting, White Hart Campton

In Kind

Child Development Centre, Kempston Hammers SSC, Transfiguration Church, White Hart Press, Walkers, Runners, Swimmers, Cyclists, Golfers, Climbers and others.

With grateful thanks to all we have worked for, with and all who have supported us!

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Looking Ahead

Looking ahead, we will build on the foundations laid this year by embedding, learning from, and moving forward the work we have begun.

Some of the headline developments that we are aiming towards are,investing in a new CRM system to streamline our internal processes, alongside the recruitment of two dedicated coordinators to strengthen healthcare coordination within Children’s Services and oversee the growth of our Family Support Service.

These improvements will free our senior leadership team and trustees to focus on strategy and long-term sustainability, ensuring the charity continues to thrive. Together, these steps not only enhance the support we provide to families but also safeguard the wellbeing of our team, enabling us to deliver even greater impact in the years to come.

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Want to Get in Touch?

Office Headquarters Embrace 43 Bromham Road Bedford MK40 2AA

Telephone 01234 351759 Email for general enquiries info@embrace.org.uk check out our website www.embrace.org.uk

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Charity registration number: 1156447

Embrace (Bedford and District)

Annual Report and Financial Statements for the Year Ended 31 March 2025

Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

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Embrace (Bedford and District)

Contents (continued)

Reference and Administrative Details 1
Trustees' Report 2 to 4
Statement of Responsibilities 4
Independent Examiner's Report 5
Statement of Financial Activities 6 to 7
Balance Sheet 8
Notes to the Financial Statements 9 to 19

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Embrace (Bedford and District)

Reference and Administrative Details

Trustees Paul Lockyer, Chair Eileen Swaisland, Vice Chair Lee Mostari, Treasurer Catherine Weir, Secretary Suzannah Lee Rajan Kanda Claire Broughton-Welsh Elizabeth Noble Natalie Murray Stephen Mortimer Senior Management Team Jane Howard White, Services Director Charity Registration Number 1156447 Principal Office 43 Bromham Road Bedford MK40 2AA Independent Examiner Eva Stevens, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

Page 1

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Embrace (Bedford and District)

Trustees' Report

The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2025.

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Trustees: Paul Lockyer, Chair Eileen Swaisland, Vice Chair Lee Mostari, Treasurer Catherine Weir, Secretary Suzannah Lee Rajan Kanda Claire Broughton-Welsh Elizabeth Noble Natalie Murray (appointed 11 November 2024) Stephen Mortimer (appointed 10 June 2024)

Structure, governance and management

Nature of governing document

The charity is operated under the rules of its CIO - Association constitution adopted 31 March 2014 and most recently amended 29 February 2024.

Governance and management

Embrace (Bedford and District) is also known by its working name Embrace. The name changed from Bedford &District Cerebral Palsy Society (BDCPS) in March 2024. For historical reference, a revised constitution was established, and a new Charitable Incorporated Organisation was registered as charity number 1156447 on 6th April 2014. All operations, contracts and assets of the previous charity number 207386 were transferred to the new charity on this date. Under the terms of the current constitution Trustees are appointed for a tenure of three years and are available for re-selection at the annual AGM. Trustees are appointed based on any skill gaps identified with the aim of improving the effectiveness of the existing board.

Opportunities to join the board are available to all interested in supporting the charity’s objectives as detailed in the constitution. Two references and Disclosure and Barring Service checks, as well as right-to-work checks, are carried out before people take up voluntary or employment opportunities which may bring them into regular contact with vulnerable people.

A comprehensive set of governance and operating policies and procedures has been developed to ensure we manage the charity effectively and give people the best possible service. These are reviewed, updated if necessary and signed off by trustees on a rolling basis. In addition to rigorous safeguarding, selection and development and supervision processes, staff and volunteers are offered a variety of training opportunities.

A service and operations focussed strategic review, involving trustees and staff, is held regularly (last in March 2025). The output of this review is used as a framework for prioritisation and major decision making.

Page 2

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Embrace (Bedford and District)

Trustees' Report (continued)

Trustees meet monthly and senior staff report to these meetings. Sub-groups and committees are allocated to specific areas where more focus than the monthly trustee meetings can provide. This year these sub-groups have been tasked to continue the focus on the charity’s strategic plans and sustainability, introducing efficiency measures and supporting infrastructures.

Sub-committees have clear instruction and delegated authority from the trustee board.

Reserves Policy

Reserves are held to help the charity operate effectively. The level of reserves is monitored throughout the year as part of the normal monitoring and budgetary reporting processes. In this way trustees are aware if there is a build-up of excess reserves or if reserves being unexpectedly or rapidly depleted.

There are sufficient unrestricted free cash reserves of £150,000 available to cover four months of the forecast annual budget of £445,000. This is in addition to the restricted and allocated cash we need to maintain our statutory and minimum operating costs.

This decision on these reserves has been carefully considered to ensure that families will remain supported should the charity fail to raise sufficient funds and reluctantly identify a need to cease operating.

Public Benefit

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. This report details activities undertaken for public benefit as well as other key details demonstrating the ongoing success and value of the charity.

Objectives and activities

Objects and aims

The objects of the CIO are to relieve persons with any form of cerebral palsy or a related disability by assisting in the care, welfare, treatment and education of such persons and of their families and carers in the Bedford Borough and Central Bedfordshire regions but with power for the trustees to assist people requiring assistance or appropriate organisations in the immediately adjoining areas if they consider this to be appropriate. Nothing in this constitution shall authorise an application of the property of the CIO for purposes which are not charitable.

Page 3

Docusign Envelope ID: B9B15F68-2498-42D6-BE26-652E468027E3

Embrace (Bedford and District)

Trustees' Report (continued)

Statement of Responsibilities

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

09-Nov-25 | 09:49:12 GMT The annual report was approved by the trustees of the charity on .................... and signed on its behalf by: ......................................... (pau,66AC1CES5CB8649B... by: Paul Lockyer Trustee

Page 4

Embrace (Bedford and District)

Independent Examiner's Report to the trustees of Embrace (Bedford and District)

Independent examiner’s report to the trustees of Embrace (Bedford and District)

I report to the trustees on my examination of the accounts of Embrace (Bedford and District) (the Charity) for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Chartered Institute of Public Finance and Accountancy (CIPFA), which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting 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' view which is not a matter considered as part of an independent examination.

I have no concerns 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.

fo LAEQ

......................................

Eva Stevens, BSc, CPFA, employee of Community Accounting Plus member of the Chartered Institute of Public Finance and Accountancy (CIPFA)

Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

Date:............................. (Of f{Z5

Page 5

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Embrace (Bedford and District)

Statement of Financial Activities for the Year Ended 31 March 2025

Note
Income and Endowments from:
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Investment income
5
Total Income
Expenditure on:
Raising funds
7
Charitable activities
8
Total Expenditure
Gains/losses on investment
assets
Net income/(expenditure)
Gross transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
19		 Unrestricted
£
25,000
121,097
106,237
5,381
257,715
(32,570)
(131,654)
(164,224)
10,180
103,671
(145,003)
(41,332)
406,735
365,403		 Restricted
£
-
59,989
-
-
59,989
-
(212,172)
(212,172)
-
(152,183)
145,003
(7,180)
11,317
4,137		 Total
2025
£
25,000
181,086
106,237
5,381
317,704
(32,570)
(343,826)
(376,396)
10,180
(48,512)
-
(48,512)
418,052
369,540		 Total
2024
£
11,054
160,348
75,678
6,379
253,459
(11,114)
(335,419)
(346,533)
28,689
(64,385)
-
(64,385)
482,437
418,052

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 19.

The notes on pages 9 to 19 form an integral part of these financial statements. Page 6

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Embrace (Bedford and District)

Statement of Financial Activities for the Year Ended 31 March 2025 (continued)

These are the figures for the previous accounting period and are included for comparative purposes

Note
Income and Endowments from:
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Investment income
5
Total Income
Expenditure on:
Raising funds
7
Charitable activities
8
Total Expenditure
Gains/losses on investment assets
Net income/(expenditure)
Gross transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
19		 Unrestricted
£
11,054
10,081
75,678
6,379
103,192
(11,114)
(56,318)
(67,432)
28,689
64,449
(106,136)
(41,687)
448,422
406,735		 Restricted
£
-
150,267
-
-
150,267
-
(279,101)
(279,101)
-
(128,834)
106,136
(22,698)
34,015
11,317		 Total
2024
£
11,054
160,348
75,678
6,379
253,459
(11,114)
(335,419)
(346,533)
28,689
(64,385)
-
(64,385)
482,437
418,052

The notes on pages 9 to 19 form an integral part of these financial statements. Page 7

Docusign Envelope ID: B9B15F68-2498-42D6-BE26-652E468027E3

Embrace (Bedford and District)

(Registration number: 1156447) Balance Sheet as at 31 March 2025

2025 2024
Note £ £
Fixed assets
Investments 13 281,043 345,358
Current assets
Debtors 14 3,909 5,688
Cash at bank and in hand 15 88,484 74,183
92,393 79,871
Creditors: Amounts falling due within one year 16 (3,896) (7,177)
Net current assets 88,497 72,694
Net assets 369,540 418,052
Funds of the charity:
Restricted income funds
Restricted funds 4,137 11,317
Unrestricted income funds
Unrestricted funds 365,403 406,735
Total funds 19 369,540 418,052

The financial statements on pages 6 to 19 were approved by the trustees, and authorised for issue on 07-Nov-25 | 15:01:47 GMT.................... and signed on their behalf by:

......................................... FueFF2184F3E4974CE... by: Lee Mostari Trustee

The notes on pages 9 to 19 form an integral part of these financial statements. Page 8

Docusign Envelope ID: B9B15F68-2498-42D6-BE26-652E468027E3

Embrace (Bedford and District)

Notes to the Financial Statements for the Year Ended 31 March 2025

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Embrace (Bedford & District) meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Exemption from preparing a cash flow statement

Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregates similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Page 9

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Embrace (Bedford and District)

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate
Furniture and equipment 20% straight line
Computer equipment 33% straight line
Motor vehicles 20% straight line

Fixed asset investments

Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal.

Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Page 10

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Embrace (Bedford and District)

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during the year.

Page 11

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Embrace (Bedford and District)

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

2 Income from donations and legacies

Donations and legacies;
Donations from companies, trusts and similar
proceeds
3
Income from charitable activities
Unrestricted
funds
General
£
Grants & donations
-
Professional Specialist Service
105,748
Subscriptions
15,349
121,097
4
Income from other trading activities
Fundraising
5
Investment income
Income from dividends;
Dividends receivable from other listed investments
Interest receivable and similar income;
Interest receivable on bank deposits		 Unrestricted
funds
General
£
25,000
25,000
Restricted
funds
£
59,989
-
-
59,989
Unrestricted
funds
General
£
106,237
106,237
Unrestricted
funds
General
£
5,221
160
5,381		 Total
2025
£
25,000
25,000
Total
2025
£
59,989
105,748
15,349
181,086
Total
2025
£
106,237
106,237
Total
2025
£
5,221
160
5,381		 Total
2024
£
11,054
11,054
Total
2024
£
150,267
100
9,981
160,348
Total
2024
£
75,678
75,678
Total
2024
£
6,271
108
6,379

Page 12

Docusign Envelope ID: B9B15F68-2498-42D6-BE26-652E468027E3

Embrace (Bedford and District)

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

6 Grants and donations

6
Grants and donations
Bedford Borough Council
The Grand Charity
The Harpur Trust
The Panacea Charitable Trust
The Gale Family Trust
Potton Charitable Trust
BPL Global
Co-op
Beds & Luton Community Foundation
Sundry donations		 Unrestricted
funds
£
-
-
-
-
-
-
25,000
-
-
-
25,000		 Restricted
funds
£
3,000
2,500
10,664
12,500
2,000
12,500
-
500
16,000
325
59,989		 Total funds
£
3,000
2,500
10,664
12,500
2,000
12,500
25,000
500
16,000
325
84,989

a) Other costs of generating donations and legacies

Costs of generating donations and legacies
Investment management costs		 Direct costs
£
28,046
4,524
32,570		 Total
2025
£
28,046
4,524
32,570		 Total
2024
£
5,673
5,441
11,114

Page 13

Docusign Envelope ID: B9B15F68-2498-42D6-BE26-652E468027E3

Embrace (Bedford and District)

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

8 Expenditure on charitable activities

Accountancy & payroll
Insurance
IT, software & maintenance
Legal & professional fees
Wages, NIC & pensions
Rent & services
Activities & events
Bank staff salaries
Communications
Equipment
Grants & donations awarded
Premises hire
Printing, postage & stationery
Staff travel & expenses
Training
Volunteer expenses
Bank charges
Memberships
Freelance
Sundry expenditure		 Unrestricted
funds
General
£
3,739
2,875
8,192
3,301
79,214
8,172
1,854
3,710
1,517
229
-
327
1,074
1,217
98
109
67
589
14,895
475
131,654		 Restricted
funds
£
-
-
430
600
110,059
-
11,835
75,309
-
1,013
1,000
6,795
143
1,852
2,870
152
-
114
-
-
212,172		 Total
2025
£
3,739
2,875
8,622
3,901
189,273
8,172
13,689
79,019
1,517
1,242
1,000
7,122
1,217
3,069
2,968
261
67
703
14,895
475
343,826		 Total
2024
£
3,594
1,896
828
19,319
192,729
2,541
14,859
73,969
1,208
3,492
2,141
10,599
658
2,483
4,086
149
97
437
-
334
335,419

9 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs		 2025
£
248,378
11,253
8,661
268,292		 2024
£
246,386
11,663
8,649
266,698

The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:

Page 14

Docusign Envelope ID: B9B15F68-2498-42D6-BE26-652E468027E3

Embrace (Bedford and District)

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

Average number of employees 2025
No
38		 2024
No
31

7 (2024 - 7) of the above employees participated in the Defined Contribution Pension Schemes.

Contributions to the employee pension schemes for the year totalled £8,661 (2024 - £8,649).

No employee received emoluments of more than £60,000 during the year

The total employee benefits of the key management personnel of the charity were £47,755 (2024 - £46,512).

10 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

11 Related party transactions

There were no related party transactions in the year.

12 Taxation

The charity is a registered charity and is therefore exempt from taxation.

Page 15

Docusign Envelope ID: B9B15F68-2498-42D6-BE26-652E468027E3

Embrace (Bedford and District)

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

13 Fixed asset investments

13 Fixed asset investments
Other investments
Other investments
Cost or Valuation
At 1 April 2024
Revaluation
Disposals
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
14 Debtors
Trade debtors
Prepayments
15 Cash and cash equivalents
Cash on hand
Cash at bank		 2025
£
281,043
Listed
investments
£
345,358
10,685
(75,000)
281,043
281,043
345,358
2025
£
350
3,559
3,909
2025
£
292
88,192
88,484		 2024
£
345,358
Total
£
345,358
10,685
(75,000)
281,043
281,043
345,358
2024
£
3,074
2,614
281,043
281,043
345,358
2025
£
350
3,559
3,909
2025
£
292
88,192
88,484
5,688
2024
£
331
73,852
74,183

Page 16

Docusign Envelope ID: B9B15F68-2498-42D6-BE26-652E468027E3

Embrace (Bedford and District)

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

16 Creditors: amounts falling due within one year

16 Creditors: amounts falling due within one year
Other taxation and social security
Other creditors
Accruals		 2025
£
1,206
1,032
1,658
3,896		 2024
£
4,254
1,224
1,699
7,177

17 Independent examiner's fees

During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:

Independent examination
Other financial services		 2025
£
960
1,916
2,876		 2024
£
925
1,890
2,815

18 Analysis of net assets between funds

Unrestricted

Unrestricted
Fixed asset investments
Current assets
Current liabilities
Total net assets
Fixed asset investments
Current assets
Current liabilities
Total net assets		 General
£
Designated
£
281,043
-
(11,744)
100,000
(3,896)
-
265,403
100,000
Unrestricted
General
£
Designated
£
345,358
-
(31,446)
100,000
(7,177)
-
306,735
100,000		 Restricted
£
-
4,137
-
4,137
Restricted
£
-
11,317
-
11,317		 2025
Total funds
£
281,043
92,393
(3,896)
369,540
2024
Total funds
£
345,358
79,871
(7,177)
418,052

Page 17

Docusign Envelope ID: B9B15F68-2498-42D6-BE26-652E468027E3

Embrace (Bedford and District)

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

19 Funds

Unrestricted funds
General
General funds
Designated
Building fund
Total
unrestricted
funds
Restricted funds
Young People's
Services
College's Out
Family Support
Services
Welfare
Total restricted
funds
Total funds		 Balance at 1
April 2024
£
306,735
100,000
406,735
-
4,197
7,120
-
11,317
418,052		 Incoming
resources
£
257,715
-
257,715
29,725
-
30,264
-
59,989
317,704		 Resources
expended
£
(164,224)
-
(164,224)
(143,869)
(60)
(67,243)
(1,000)
(212,172)
(376,396)		 Transfers
£
Other
recognised
gains/(losses)
£
(145,003)
10,180
-
-
(145,003)
10,180
114,144
-
-
-
29,859
-
1,000
-
145,003
-
-
10,180		 Balance at
31 March
2025
£
265,403
100,000
365,403
-
4,137
-
-
4,137
369,540

The transfer from the General fund to the restricted funds is to cover the deficit on these activities.

The specific purposes for which the funds are to be applied are as follows:

Young People's Services - wide range of creative activity and life skills clubs, trips and residential experiences, festivals, sports/theatre events and nights out.

College's Out - Held during the Easter and Summer holiday periods. Full days of activity schemes are open to disabled young people aged 18-25 offering a wide range of experiences to help empower young people to achieve, make new friends, try new things and develop life skills.

Family Support Services - Provides information and support for families with local and national contacts for a wide range of topics about CP and other disabilities.

Welfare - Embrace awards grants to individuals and families who need specialist equipment to help them with their condition.

Page 18

Docusign Envelope ID: B9B15F68-2498-42D6-BE26-652E468027E3

Embrace (Bedford and District)

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

These are the figures for the previous accounting period and are included for comparative purposes

Unrestricted funds
General
General funds
Designated
Building fund
Total unrestricted funds
Restricted
Young People's Services
College's Out
Family Support Services
Welfare
Total restricted funds
Total funds		 Balance at 1
April 2023
£
348,422
100,000
448,422
20,720
6,311
6,984
-
34,015
482,437		 Incoming
resources
£
103,192
-
103,192
54,840
2,000
93,427
-
150,267
253,459		 Resources
expended
£
(67,432)
-
(67,432)
(179,555)
(4,114)
(93,291)
(2,141)
(279,101)
(346,533)		 Transfers
£
Other
recognised
gains/(losses)
£
Balance at
31 March
2024
£
(106,136)
28,689
306,735
-
-
100,000
(106,136)
28,689
406,735
103,995
-
-
-
-
4,197
-
-
7,120
2,141
-
-
106,136
-
11,317
-
28,689
418,052		 Transfers
£
Other
recognised
gains/(losses)
£
Balance at
31 March
2024
£
(106,136)
28,689
306,735
-
-
100,000
(106,136)
28,689
406,735
103,995
-
-
-
-
4,197
-
-
7,120
2,141
-
-
106,136
-
11,317
-
28,689
418,052
406,735
-
4,197
7,120
-
11,317
418,052

Page 19