Registered Charity Number 1161794 LENDERHAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025 LENDERHAND REPORT AND ACCOUNTS FOR THE YEAR ENDED 31srMARCH 2025 Contents Page Reference and Administrative Infomiabon Trustees. Report Independent Examiner's Report Statoment of Financial Activitie$ B81ance Sheet Notes to the Accounts 10 1 |Page LENDERHAND REFERENCEAND ADMINISTFiATIVE INFORMATION Trustees Adam Freeman Jennie Grant Jerntna Leff Andrew Wtzenfeld Admlnlstrator Jennitr Grant Prlnclpal Address Freeman Housè Langston Road Es¥ex IG10 3TQ R9gl$te￿d Charlty Number 1161794 Bank•r8 Barelays Bank Lèieester Leicestershire United Kingdcm LE87 2BB Independent examlner Katherine Henderson 55 Baker Street Marylebone London W1U 7EU This inforrnation forrns part of Ihe trustees, report on pages 3 10 5. 21Page LENDERHAND TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The tiustees have pleasure in presentsng their report, together wth the accounts for the year ended 31si March 2025. Structure, govemance and management Lenderhand was fomed as a Charitable Incorporated Org8nisation under a constitution adopted on 9￿1 March 2015 and was registered a$ a chanty on 22￿￿ May 2015. The affair5 ofthe charity ar8 rnanaged by the t￿SteeS wrth 5UPPOrt from the administrator. Lenderhand's Constitution stipulates that the￿ shoulrj be a minimum of 4 land maximum of 121 trustees. The Trustees believe that they can operate effethvely with the ¢urTent nutnber and rnake up of trustees. Trustees are only replaced when they no longer want tolare able to act for the charty at which point the lead Trustee Seeks to Identify a suitable reP1a￿rnent frotn hi5 professional contacts. The trustees review regularfy whether they are suitably qualifie(l and still able to effeciwety manage the Charity. Trust￿¥ The trustees who have held Offi￿ durin9 the year were a¥ lo110￿.. Adam Freernan Jennie Grant Jernma L¢ Andrew Imlzenfeld Oble¢tlve8 ond a¢tS¥Stle• Th• Objecti￿ olth• charity is to provid• r•li•l Irom hardship by ihe pfovision of goods and s•rvie•s to grantee8. The charity is the recipient of corporate Ilonabons and 18 responwble lor identifying appropriate grantees from applieants. A¢hl?vem¢nt$ and perforn)an¢o Revlew of Actlvltles The charity has continued to meet its objectives ol ratsing fvnds 80 that it can distribute small grants to individuals that are suffering hardship. Flnanelal R•vlow Overnll.. The charity gtsnerated Income of £103,72912024". £24.7601 and incurred expenditure of £31.730 12024.. £10,491) Expenditure indu(le$ grants ma(le in hbrtheran¢e of the ¢haribe$ obje¢ts'ves of £9,92212024.. £2.2031. Risk Rgview. The trustees are mindlul of their duty to e￿Ure that the tharity is not in8ppropri8tely exposed to avoidable iisk of any nature. Each aspect tsf Ihe Charity's work and administration have been remewed and risks, both potential and actual, Identified Procedure5 and safeguard5 have been put in place to manage these risks. Policy on reserves. In line with Chanty C0rnrn15won gu#Jeline5. the trustee5 reguLgrfy rewew our reserve5 policy. Our ongoing goal Is lo spend ourtotsl annual itwne directty on ourtharitable wotk. This finanual year. we received much rn0￿ furKliro than we distnbuted In grants. ConseQ￿n11y. the trustees are ￿VIewIng the best ways to responsibly alloc2te these surplus funds to suA)ort the chanty'$ main mission. ￿selVeS at the yearend we £100,88212024.. £28,883). all of which are unrestricted. 31Page LENDERHAND TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 Gr8nl Making Policy. The core purpose of our grant-making program is to provkye practical assistance to children and young adutts who wouly othe￿ise not have these opportunits"es. We aim to deliver tangits￿ support that directly Irnproves the lives and welkbeing of our i￿ne￿￿aries. The charity do not a￿p1 direct applications frorn Individuals or familEs. Instead. we use a trusted referral system to i(lents"fy thtsse in need Beneficiaries must be referred to us by a third-party profes510nal. Th15 Indudes social workers. fatnity liaison officer5, school stsff. healthca￿ workers. or ￿presen￿t￿e$ from olher Wiste￿ charibes. Each case Individualty based on its unique urcumstar￿. We focus on how and If our assIsta￿e will make a meaningful difference to the beneficiary. no mattef how smal the intervention may be. Every single referred case and the proposed a$$i$tance is reviewed by all of our tw$lees. Grants are onty awar(led through our fomial tru$te8 approval $y$lem. To ensure our support has the highe51 possit48 I￿PacI. we structure ourgiving In hvo ways". Direct ASS15tan￿ IGwd5 and Services) For IndivKJua15 and farnilies. we do not give cash. We direcuy purcha$0 8fld provide the specific goods or servKes they need. Charity Grants. We may ¢xcasionally award finanual grants to olher registered charrties thai align with our rn￿510n. We are ¢cThmitted to ￿SpOn$t)le giving and trai* impa¢¢ of every 9rant we make. For Indiwdu81&F8mil@s Because we provide di￿￿ gO￿J$ aThJ seNices. we monitor our impact by 9alherin9 direct feedback from the professional who made the inrtial referral. For R&gisl8t￿ Ch8riÈi8s' We monrtor Ihese grants by rggularty wvawng arKI a8se8sing the fingncial reports and projgct updates of the wipN8nt chanbgs. Golno Coneèrn At the lime of approving the aeeounts. the Trustets have a rtrastsna￿e exp•et8tion that th• Charity ha$ 8dequat• r•$tsurces to eontJnu• In operational èxist•nc• for the forest•able lutur•. In the opinion ol th• Trust••s th•r• arè no matènal unc*rtainties r•lat•d to events or conditions that e88t significant doubt on the ability of the chanty to contsnue 88 a going concem. In June 2026 , the charity had approximately £115K of ￿3h available. The trustees have prepa￿d 8 stress test and this confirrns that should no further income be re￿Ived. the charity is able to meet liabilities as they fall due for at least another 12 monlhs Irom the da¢e of approval of the financial statements. Publle B•n•llt In overseeing th? chanty'¥ operation$ the Tru$tee$ have Pa￿ due regard to the Charity Cornrni¥$ion¥ guid¥n¢o on public benefit. The chantable purpose olthe charity is the relief ol finanoal hardship. The benefit offered by the charity is both financial an¢J service dnven. The charity receives unsolicited applications frorn a wide range ol indivhlu81s and organi88tions and each one is considered on its own merits. 41Page LENDERHAND TRUSTEES. REPORT ICONTINUEDI Trustees. Responsibilities The trustees a￿ responsible for p￿paring Ihe Trustees. Rewrt anrj the financAal stst￿ents in aCts)rdan￿ with applicable law and United Kin9doffl Acc(¥JntitYJ StaThJards IUnrt*J KirYJdotn Generally A￿pted Accounting Practice). including Finanual Reporting Standatd 102. Charity law wuires tre Trustees to prepa￿ finanoal ststements for ead) finanoal year In attOrdan￿ wittt United Kingdom Generally At￿pted Aecountsng Practs￿ (Unrted Kingdorn Accounting Standards and applicable lawl. Under chanty law the Trustees must not approve the finanoal statements unkss they are satssfied that they give a true and fair view of the state of affaits of Ihe charty and of the ir*￿￿1￿9 resources arKI application of resources, induding the income an¢J expenditure, of the d)anty for that ￿nL¥J. In preparing these accounts, the tr￿St88S are required to.. select SUrtab￿ accounbn9 poI￿je$ and t￿n t￿M ￿nsIstenIty.' observe the rnethods and pnnupks In Ihe Chart18s SORP". make I￿jgements aThJ estimates Ihat affj reasonabb and prLthnt.' stale whether applicable accountirrfJ standards have been followed, 5ubjact to any rna18ri81 d8parture5 disclosed and explained In th8 acwunts. and prepare the financial $tstemenl$ on the goiry c(Jncem basi$ it rd inapproprk8te to pMume that the hority will in cperolion. Thè trust•è$ Are r•$pensiblè lor kneping pryr aceounting rècords thai disdosè with rtrasonablè accuracy at any time tht financial position of the charity and enab￿ them lo ensure that Ihe accounts comply with the Charit￿5 Act 2011, the Charity (Account5 and Reports) R8gulations 2008 and Ihe pro¥Asions of Ihe trust deed. They are also responsible for safeguarding assats ol th• charity and lor takirKJ r•asonabl• st•ps f¢f th• pr•v•ntion and d•t•cbon of traud and othar irMgulariti•s. This report was approved by the Trustees. on 12th August 2026 and signed on their behalf by Jonnle Grant- Trustee JGr 51Page LENDERHAND INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LENDERHAND I report to the trustees on my examination of the af£ounts of the chanty for the year ended 31 March 2025. whith are set out on pages 7 to 8. This r8POrt is made solely to the charty's trust88s, as a body, in accordance wth Regulation 31 of th8 Charrties IAccounls 8nd Report51 Regulations 2008. My work ha5 b￿n urKJertaken so that I might State to the charty's ttU5tees those rnatters l am required lo stsle lo thern in an Independent exarninerfs report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility lo anyone other than the charity's trnstees as a bLyJy. for my wo￿, for this report, or for the statement I have made. Ro$pon8lblllUo8 ba81$ for r•port As the trustees of the tharty. you are responsibb for ￿ preparatK)n of the accounts in accordance with the requirgment$ ofthe Charities Act 2011 1 the Act'i. I report in respect ol my examinat￿￿ ol Ihe charity's ac¢ounts ¢arT*d out undgr $edion 145 of the Act and in ￿rryIng out my examination I h8ve followed all the app1Ka￿e th'rection5 gI￿n by th8 Charty Commission under section 14515llbl of the Act. Independent examinerfs statement I have c(xrpleted my examinabon. l confirm thatno material mattws hav•com• tomy att•nb"on in connection with the examination giving me cause to believe that In any matenal ￿pect.. accounting records ￿re not kept in respect of Ihe thanty a$ required by ￿tion 130 of the Act,. or the accounts do not accord %wth those records., or the accounts do not wth the accounbng reouirèrnenis concerning Iht fom and ￿ntent of thè accounts set out in th$ Charities IAtt¢unts and Reportsl R8gulaticns 2008 olhèr than any rtquir8rn￿I thai the accounts givo a'truo 8nd lair vi•w' which Is not a matt•r consKJ•f•d as part ol an Ir*dop8r¥Jen¢ 8xaminab"¢)n." or the accounts have not been prepa￿￿ in aCc(*dar￿¢ wilh the methods and principles of the Slalement of Recommended Practte for a¢counb"ng and ￿pOrting by charities lapplicabk to charlties preparing th¢ir a¢¢ount$ in accordan¢¢ wilh the Finonool Report'n9 Standard appIl￿bI9 in th¢ UK and R?public of Ireland IFRS 10211. I have no concerns ar￿ have come acrc6s no other matter5 in connection wrth the examination lo which attention should b? drawn in this report in order lo enabk a proper understanding of the accounts to te reached. Katherine Henclerson, ACA London, Signed.. D8tts". 12 August 2026 61Page LENDERHAND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31￿mARcH 2025 2025 2024 Noles Ineom• from- Donations 103,729 24,760 Total 103.729 24.760 Expendlture on.. Charitable activibes 31.730 10.491 Total 31.730 10.401 Net Incorng l Nel Movgmont In Fund8 R•eonelllatlon of lund8 71.999 14.269 Total funds brought forward Total Fund Balanc83 Carrled Forward 28,883 14,614 100.882 28.883 Th• notes on p8g•8 9 and 10 lom) part ol th•8e aecounts. All the ¢hority'5 activities are da¥sed as wntsnuing. 71Page LENDERHAND BALANCE SHEET AS AT 31st MARCH 2025 2026 2024 Curr•nt Ass•ts Debtors- Donations confirmed 4.028 3.846 Cash al bank 104,234 108.262 32,183 36.029 Cr•dltorn: Amounts Falllng Du• Wlthln One Year {7.3801 17.1461 Not Current Assets 100.882 28,883 Net Assets 100,882 28,883 Unrestricted Reserve8 100882 Tha fin8nei81 stat•m•nts w•r• approv•d and authorised lor i88uè by th• Tru8t••s on 1211 August 2026 and signed on their behalf by.. Jennle Grant. Trustee J Gr¢L+ The notes on page$ 9 and 10 tr)nn part of Ihese accounb. 81Page LENDERHAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 Background inforrnation Lendeihand is a Chantsble Incorpoiated Organisation under a consts"tub"on adopted on 9th March 2015 and was regist8r8d a5 a charity on 22MMay 2015 under nufflber 1161794 with the Charitie5 Comtni5sion in England and Wales. It Is a public benefit entsty, it is domiuled in England and Wales and its principal office Is at Ffeeman House, Langston Road, Essex IG10 3TQ. The objective of the th8nty 15 to provide relief from h8rdship by the provision of good8 and services and it continues to meet this objective through the making of gtants. The finanaal statements have been prepared in pounds sterfing and the figures are rounded to the nearest £. A¢¢ountlng Poll¢l B&sls of Aceountirtg The accounts are p￿pared under Ihe historical cost convention and on the going concem basis. The financial ststements have been prep8red in aco)rdance wth the Charibes Act 2011 and the Statement of Recornrnended Practice Icharities SORPI'Accounbng and Reporting by Charities" preparing their financial statements in ac¢ordan¢e wth th¥ Finan¢ial Reporting Standafd applicablè in thè UK and Rèpubli¢ of Irèland I"FRS 102.1 la$ am8nded for a¢¢ounthn9 pen"od$ beginning ￿ or gfter 1 January 20191 The accounts (financial stalementsl have been p￿pared to give a'true and fairf view and have departed from the Charities IAccounls and Reports) Regulations 2008 onty lo Ihe extent required to provide a'true and fair view,. This departure h85 involved lollowing Ac£ounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting siandard appI￿able in the UK and Republic of Ireland IFRS 1021 issued on 16 Juty 2014 rather than the Accounting and Reporting by Charities., Statement ol R6comm8nded Pracllc& effeth.ve (rom 1 April 2005 which has since been withdrawn. Golng concern In the opinion olthe Trustees there are no material uncertainties related to events or conditions that cast significant doubl on Ihe ability of Ihe charity lo continue as a going concem. The trustees have prepared a stress test and this confimis that should no lurther income be received, the charrty is able to meet liabilities as they fall due for al least another 12 months from the date of approval of the financial statements. For this rea3on the going COn￿M basis witinues lo be adopted in the preparation of the ¢harity'8 finanual statements. Ineom• Income is recognised when the charity is entitled lo receipt. when receipt is probable and amounts can be measured reliably. Expenditure Grant5 payable represènt those approved for payment, which have been notified to thè rè¢ipiènt in th¥ pariod of th8 ac(xMwfts. Othèr èxpènditure is rec(yJnis8d on an accruals basis whèn a liability is incurrèd. Flnanclal Instruments Financial instrumen15 are cla55ffied and accounted for. according lo the substance of tre conlraotu81 arran9ernent. as either financial as5et5. finanaal liabilities or equty instruments. An equity instrurnent iy any contract that evidences a re$￿Ual Inte￿St in the assets of the charrtable company after deducting all of its liabilities. Fundaccounting Unrestricted funds are available for use at ihe discretion of the Trustees in furtherance of the general objectives of the charity 91Page LENDERHAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 Judgements in Applylng Ateounting Polocies and Key Sour￿5 of Estimation Uncertalnty In the application of the charity's accounting pdiues. the Trustees are required to make judgements, estimates and assumptions aboul the caTrying amounts of 8ssets and liabilities that are not ieadily apparent from other sources. The estimates and assouated assumptions a￿ based on historical experience and other factors that are conSide￿d to be relevant. Actual results may differ from these estimates. The esbmate5 and undetying assumptions are rev￿￿ on an ongoing basis. Revisions to accounting estimates a￿ recognised in the period in which the esb.mate is ￿ViSed il the revision affects only that Period. or in the period ol the revision and luture period5 rf the revision affects both current and fulurp periods. There were no judgement or malerial estimation uncertainties affecting the reported finanaal perforrnance in the current or prior year. Ch¥rltsblo Actlvltle8 2025 2024 Small Individual Grants Oaks Lane Refom Synagogue Events expenses Administration expenses (note 51 308 9.614 1,011 2,203 The lolal grants analysed behb*en grants lo individuals and grants lo Inslilutions. Admlnlstratlon exp8n8e• 2025 2024 Independent examinerfs fees Bank charges Marketing expenses Administration expenses Insurance 3,780 187 24 16.076 730 103 7,472 713 There were no employees of the Iwst for year or prior year. No Iwstees received any rernuneration or expenses reirnbursed. Credltors: Amounts Falllng Oue Wlthln One Year 2025 2024 Sundry creditors Trade Creditors 366 3,600 Accruals 6,780 7.380 7.146 Transactlon$ vAth Tnjstees and Related Persons During the year the Chartty rece￿ed £94,54012024." E21,1101 from PDL Finance LimTted. a company in which 2 of the trustees are direciors. Al the year end. PDL Finance Limrted owed Lenderhand £4.02812024.. £3.1261. 10IPage