Conipany registration number.. 05648977 Charity registratioii nujnber.. 1162856 Upbeat Communities IA company limited by guarantee) Annual Report and c.onsolidated Financiiil Staternents for the Year Lndcd 31 March 2025 Tliompson Jenner l.l.P Chartered Accounlanls l ('.ollelon Crescent F.xet¢r l)¢von EX2 4DG Upbeat Communities Contents Reference and Administrative fjetails Chaii's Report 2to3 Trustees, Report 4t013 Statetnent of Truste¢s' Responsibilit1¢5 14 In(f¢p¢ndent Auditor5, RetK)rt 15 to 18 Consolidated Statemcnt of Financial Activities 19to 20 Cunsolidated Balance Shcet 21 Balance Sheet 22 Consolidated Siatemcnt of l'ash l.-lows 23 Statement of Casli Flows 24 Notes io the Financial Siatements 251048 Ilpbeat Communitics Reference and Administrative Details Tru5t¢e5 Dawid Prie%tley Timotliy Ringer Helen McLvansoneya Bijal Datia M3Tian Regan Gillian Linford Bashir Fatehi Kasemllka Mahenga Senior Mgnagernent I IRader$hip Jonathan Lee. Cliief Execulivc Team Charity RegL5tratiori Yi U￿bcr 1162856 c.ompany Registration Number 05648977 The chariry is illcorporated iii England and Wale5. Bridge I louse River5id¢ Court Pitde Park Derb DL24 8HY Re£i5tered Office PrincipAI Office Vietoria C.hambcrs LA)ndon Road Derb} DEI 2PA Audittsr TIIornp50n JenneT I.I.P Chartered Accountants I Colleton c.rescent Exeier Devan EX2 4DG Page I ljpbeat CnmmuDitie$ C'.hair's Repori for the Year F.nded 31 March 2025 April 2024 to March 2025, lia% %een excelleii¢e of ser%'ice deliiery reimain as Ilie key tocus ot- Upbeai Coinmuniiie%' t)peraiitsnal a¢iivities. Dynamic evolution of ihe Upbeat Clean social enlcrprisc succcssfull), provide% Ille atrIrrning emplo)Ineni to significant iiuniber5 of refugees. Local comniercial busincsscs eagerly look tv irnpriiv¢ tli¢ii- own social i'aliie targic15 throiigli engagement witli Upbcai C'lcan's scrvices. The business winning the Kin%'s Awgrd for Enterprise has launclied Upbeat's social enierpr15e ¥r(Iwqli inlii d phas¢ of accclcraiion. The posilive Inipa¢i of Ilpbeat's delivL'ry acr1155 115 rangTe of Services throughout the city land beyond) cointinues to meet die Charity. 5 core objects. providing rcfugces a paihw2y to thrive their new surroundings. F.xteriial challenges have been preseni again tliis yLar, boih wiihirt immigTatiun and asylurn policy and in the wider political enviroiiincnt. Il'hilsi the new ¥u￿trnmL'nl hag remuved %c)m¢ ()f th¢ more hostile policies of the previous govemnieni. thcy liavc bcgun 10 introducc othcr rcstrictive poliLie%, In what 5een15 a resp0115e to the rise of more riglir-wing views in thc poliiical landscapc and amongst the public mthTe gerterally. Greater demands have been placed on all statT and voluntecrs who work in and around lJpheai as %ervite deniaiid has once again grown significanily. I cxpress my %inceYe thaiik.% dnd gratitude to ITpb¢at'$ staff aiid voluiiieers, who represeni all ofthe values that make Llpbeat an out5tandino oriyanisation (o be involved w'ith. I convey tny specific reconiiition of Ilie contributions of Upbeat's Board of Trustees, who give tlieir time willingly. l)uring this period, Leslei So stepped down 10 focu5 lier bu5incs5 actlVTtEe5 Iihaugh reinains a DirLCtoi- c)l-IJELI and C.(i¢oi {Rernai-d Kalcngwal TesigTned io PUT5ue other intercsts. We welcomcd Bcv C'righton to thL Bi)aid vf DirectOl'5 of Lll..l. and Gill Linford. ljashir l.atehi. Marian Regan, Bijal Dalia and Kasemuka Mdhenga to ihe Hoard over tlie past year. bringing neiv pcrspcciivcs and ilieir own p￿SlOn Ii)r w'eletsming refug¢¢s to bear. 'l-lie .1 ru5te¢s, in conjunciion with the SLI" and wider siatficam hai'c workcd on and dLlivcrLd new projects including Ihc recruitineni of a new, Cl.'U for ihc C hariry, scttiiig oui a work'ablc Io-ycar strate8lC plan i¥itli clear 3-year operational goals, and achieving a change of localioii for Upbcat's operatloiial hub. Th¢ proce55 of rccruiting a new Cl".0, following Andrew's decision to step down, has demanded significant skill and coiiimitinent. A robusi and wcll-construcied plan itivolving an exiLrnal recruitment ageney, Trll%iees and SLI. ivas rtianaged io a very succe%sful outeanie. l ani delighted io Confirn) that Jonathan l.ee, PTeviou51J CEO of inHupe IRri5toll i¥ill becoine Upbeat Conirnuiiities nei¥ CEO on 20111 October 20?5. Ily true gratitude extends to Andrew Jackson, for ilie excelleticc of liis leadersliip sincc 2018, and lor liis %pecific dedication tliroiiElI 2025 to ensurc that ljpbeai has liad tlic opporiunit}' to cn5ure die besi tandidate fur tli¢ Tale wa5 enbTagcd. l Kvish AndrLw the vLt) best fc)r his luture.- IIL. Is well pldred t() dLhi¢v¢ even gr¢at¢i' futur¢ outcomes,. lie Icave% behind 2 signilieantly tx)sitive lebwaey dl lJpbeai. I'rinity 132plist Cliurcli decided to sell the bliilding Iliis year, causing Upbeat to relocate during 2025 to a new veiiuc in Ihe cit) ccntrc Ivictoi-ia Chambersl. Tlic widei- ttani ai lJpbeat have tsnte again athieved an OULsianding thutcnnie. enahling tli¢ Charity to enliance the offei to refugee5 and asylutn seeker5 In the city through this iiew venuc. Il'c arc gr2tcful to the ai "I rinil>' Baptist, who hclpcd to sniooth thc way by allowing lJpbeai io tontinlle io use theIr building until the new premises were ready. Upbeat Trusi¢¢s acknowledgwe thcir responsibility towards the rnanagenient of risk. -I'his risk lias becojne more sigiiificaiil witli the sljstained growtli of the Q'harity in rccilll scars. A risk rcgisicr is currcnlly maintaincd wiiliin the C'harity's reL()rds. A f(?rrnal prvc¢55 1(1 ideiitify. the potential major risks ihat the C'liaritN' could be exposed 10 Is now underway. OIiLe thi5 prc)¢¢55 c(Iiiclud¢5. 11 is the I'ruslcc's inteiilion to dcfiiie ways in which Ihcse risks c￿1 bc mitigated within ihe Risk PoliL)'J ￿h￿Lh ￿111 be exieiidcd. This policy will be TevieM¢d 'I'he 5urninary of accounts for 2074125 demonstrates sigtiificant growth across both the Charity and Trading Subsidiary IL1pbeat Liitcrpriscs Limiiedl. Upbcat Coiiit71unities rei'enuc grew 10 £1,109,455, Ivith expendiiure ai £987,?.36. IJEI. greiv %i¥niliiaii¢ly t() ￿venue c)I'£.39.5,96.5, Ivith expendilure ()f £.394,63 l. Tutal Lliarity Te5¢Tves were £41.5.320 at )'ear eiid. Llpbeat's reserve5 polic). lia5 been reviewed in line with the Cliarity's proaress and curTeni C'C besi practice guidaiice. Page 2 Upbeat Communities Chair's Report for the Year F.nded 31 March 202$ ljoth now and in the future. the ongjoing objective5 of Upbeat Cominunitics are bL'coming much more L'mbedded in impAct rather than being financially driven. 'fhc passion that Upbcat dcmonstrdtes in working eeaselessly for the benefii ofrefugees is a beacon I coniinue ¢0 be humbled by. The 11p￿aL pa5510n is 51ill as 5trongT as it wa5 20 years ago when the Charity was conceived. Since then. the or8anisation has ¢ontinued io develop i¢s skills base to risc to new opportunitie5. The chair's report was approved by the tnstees ofthe ¢hari¢y on ...... . - a[￿ Signed on its behalf by.. David Pri¢stl¢y I'rustee Pa¥e.3 Ilpbe2t C'ommunities Trustees, Report The Irustees, who are direciors for the purpi)%es ul. cc)mpdny Idw, pr¢5ent the annual repurt together with the rinan¢ial 5tatetnents and auditor5. Tepuri of the cliaritablc conipaiiy for the year ended 31 Fwlarch 2025. Trustee5 Officers Th¢ trustee5 aiid officers Serving durino tlie Jear and since the year end were a5 follows.. Tru5tees'. David Priestley Tinioth}' Ringer H¢l¢n ￿l¢l.-V3￿5Ontya Bijal Datta (appointed 2 Decejnber 20?41 Marian Reg2n lappoitjied 2 Deceniber 20241 Gillian Linford (appointed 2 December 20241 Bashir fatelji (appointed 2 Deceiiiber 20241 Kasernuka Mahcnga lappoinled ?0 January 20?51 Lcsley So Ircsigned 2 Dcccmbcr 20241 Bernard KalLnga (resigned 2 Deeember 20241 Senior Management / Leadcrship Teaiii.. Andrew Jackson Iresigncd l Novcmbcr 20251 Joiiatlian Lec (appointed 20 October 20251 OIIR PIIRPOSF.S AND AcfiviTIE The ol)jects ofihe th#riiy are'.- o relieie tlie chAritable ijeeds of ijii2rAnts, refugee5 asyluin seekers in particular (hose coiiiin£ to the United Kin2dom, b) prolision of Ad%ice, supporl atid Assistance organising educational prtsgrammes And such oiher actiiilies ILS tlie trllstees deem fit as a means of..- bl RLlieving Ihem froni finartLial liarJ%hip aiid uneniployment- and ¢1 Advancing them in life and a5sisiing thein with the adaption i¥ithin a new comtnunity. To i)romthie i'atial hxrmony f￿r ihe I)￿1111t lTrenefit l)v:. al I roiiiotiiig aciivilies ti) f()%lLr undtrstanding betweeii people from diverse backgrounds: and bl AdvaiiLing ' displaLed p¢()pl¢ is 122 niillion equating ti) vne every sixty-seven people an ¢artli. Filippo Cjrandi. IJN Hi¥li Comrni55ion¢r for Flefiige¢5. reminds us that'%h¢ Search for peace must be al the lican of all ¢ffortS to fiiid lung-lasling solutioiis fui. refugee5 and others furced to flee Iheir homes." Page 4 Upbeat Communities Tru5teeb' Report Of the 42 tnillion refugees who have had to cross a border to fiiid safcty, the Uk 15 hutn¢ ￿ I¢s5 than 10/0 or those seeking sancruary, with over 720/0 ¢russing Ihe nearesi border and rcmaitiing in a neighbouring count (5u¢h as Turkey, Lebatton, Iraq. Lgyptl. Figures for asylum applications in the UK in 2024125 show 109.343 applications, up from 73,732 in the previou5 ycar. Those thai do Èmake it to the UK, often vid dangerous routes such as crossijig the channel in sniall boats (due to Ihc lack of safe and leoal routes). f￿nd them4elves in VLr)' challenging circuinstances,. with liniited governtnent suppori, Ineagre fiiiancial a5515tance l£1.42p per day for those housed in hoiclsl and an iticreasing hostil¢ enviroiimcni. Over th¢ lasi l ? months wc havc seen all increasingly aggressive stance from both political partie% artd the wider public toward5 those seeking %afery on our shorcs. A purposeful canipaign of mi5infortnalion irt the nied14 conflating thosc legltimately seeking asylum with Illegal niigration. has lcd to violeni protest5 up and do1￿ the ¢ourttry* targeiing bodi asylum seekers directly lin hotels) and also refugee sector organisations providino 5UPP(Irt. Upbeat Conimunitie5 was on the receiving end of such threats and intitnidation. and whilst we needed to take steps to ell5UT¢ our.staff, volunteers and pariicipatits ivere safe, we recogiiised tlie importan¢¢ of stayittg open aiid available. for those tnosl vulnerable in our society. Upbeat Cornmunities continues to work in Derby, Derbyshire and Lincolnshire providing a Tange of proje¢t% and acliviiies (liar meet the iieed5 of tho.se newly arrived as asyluni %eckers, as ￿ell as those who have been granted refygee status in ihc UK. The Trustees cortfirni thai they have had due regard to the gJidan¢¢ iR£ued by the Charitj Commission on public benefit when reviewing lJpbeai Comiiiuniiies objectives and in plaiiiiing future 3tlivilie%. Mis&iun, iision, %#lues Upbeat CornmuDIt1¢5 lontinlles to be guidcd by its C'liristian ei1105. oiihvorked thiough our vision, mission and value5. We are a f3lth-b<￿¢d iharily, but noi faith-biÉl sed. and we work with participants from all religion5 and those with no expressed faith. We also have a sthft. and volunicer icam that includes those of different faiths IOT no faithl. Our Vis10 opportunities. to see thriving, positivc communities, where every refuge¢ can Contribute and make the most of Our Mission- to ¢mw)wer rtfugees to thrive as tlicy rebiiild their lives Our Value5 We have rccently reviewed our organi5aliunal values, arto have simplified the previous 8. distilling them into 4 new values-. Compa55ion in Action- we welcome and engage people with kindn¢55. empathy and generosity Emytswerin% People we iD5pire ev¢rythne we work wilh io recognise and ulilise their unique Auth¢Ntic Rellltiunships we are inclusive. lion¢5t, and trustworthy, enabling us to build ineaningfjjl Innoi'ation for InipAct we ale alway5 leaming, Seeking oui creative, evidence-b3sed solutiotis io achieve lasting Lliaiige Pag¢ 5 Ui)l)cat Communities Trustee.s' Report These values have been dev¢l(Iped in ord¢r lo b¢ r¢levanl loi all 5takehulders, iiicluding participants, volunleers. staff, and external partners. The). also align to our iieivly created conipetency fran1e￿.0rk, developed as part of our Strategi¢ T¢cruitment and 51aff development proc¢55¢5. SLrate&ysnd A¢¢iviLies Durillg the year we spent a significant arnoiint of tiine developing oiir new long term I lo yeaTI strategic plan 12025-20351. Building on ollr previous siralegic plan, and with input from a rangc of siakeholders. wc have identificd 5 Strategic luiig-tertn goals.. GOAI I Providing outStAndin21 hDlistlC SUPPOrt to our participxnts, en5urin2 thAt each year, 300 indiTriduAls in Derb) Are reteiwin% in-deptlj sui)pori io empower iliem to tlirile as they rebuild their li&es IKty Per((brrnance IndicatOTS 300 as)'lum scckci"s irt dispersed aceommodaiion are sllpporttd taeh year at leL%t .3 key interventi()rt% Iideniified from a detined list of sllpp011 needs) in their jollmey tOW2rds refugee sthtus Cro#1 2 - F#tilii*iing nie*niniful employment oppoiiunities tlirou%h our soctal enterprises by providin2 total Of JOO refugees life glving job5 and p#)ing £.5 milliott in 8g1grie8 Jkc}' Perforwnancc Indieators -100 refugees employed over l O ye2rs with £5million paid in wages over 10 y¢ar5 1 F.rnployment including- real living wage, contra¢L sick pay, holiday pay, p¢n5ion Ci()ul 3 _ F.stxlTrli%hing x su.%tuinahle. scalt(l %oluti()n ttb ll(l(Ire%% oije nf thc rJiaj(br i4sues #fftttin% rcfuget% as)'IuNI 5c¢k¢r4 in l)crl)v- l.egal .,Id¥'ice I Il()U.4Lng I Il'elllTrein% I b'mi)loymenl Ke) Perlormante IiJditAlors Miiiiniuni income froiii trading 15 51 /0 st￿lc¢ benefitiiig a tninitnurn of 50 rctu8ecs & a%vluni 5Lckcr% pcr year cali be delivercd ivitlioui requiring charity reserves oi. graiits Goal 4- Shapin2 A great workplaee w'here li%'ed experieijce leads the way Ke) Performgnte Indicaiors I OOO/o of our icani proiidly call this a great place io work or volunteer 1750/0 of en)pliiy¢L'%. Includin4 11)ii%e with li￿ed experience, pri)gre%% ihrough tailt)red developmenL l Nlinimum of 33 leader5 have lived experience of forced tnigration l A strLTrCtured paihway supports individuals in progr¢55ing froiii participani to volunteer lo staff Cjoal S- Achiei'ing loiig-¢¢rni I￿paCt through s¢ruring.4ti'atcgic pai'tn¢rships dclivering high quality) conijnissioned sernices aligncd to our missio Ke) Pcrfvrmanre Indic¥¢or¥ minimum of 4 cominissioned services are hcld al any onc timc I Income tlirough commissioned %ervicts r¢pre%enis a mininium 500/0 thf (Jur overall annual in¢ome l Ai leasi 2 new potcniial commissioniiig opportuniiie5 arc actively piirsued each }'ear Our cliariiable activities can be catcgorised into four areas of PTOVlSion and ai¥aTen¢551influencing. welcome. integration. empowertnenL Welttsme 'Ilpheat means more than just an (br%ani%atinn to me. It is a place ￿here I fctl like a hoine, a famil). aiid ei'eri'one I ni¢¢t tljere is i'er!, frieiidl!. and .%incere N'ithout excepti()n. Nl'hen I firsi arrii'ed, l HAS Able io endure the longing lor m}, family and my past and the prcssure thi.% 4ituali()n created tliank% t() Ilpheat. Upbeat Comniunities Panicipant Page 6 Upbeat C'ommuiiitie.s Trustees, Report For many sceking asylurn. a good welcome can makc a significant difference lo their eKperien¢e of rebuilding Ihcir life tn the UK. Our focu5 at L'pbeai C.oniniunities is 10 create a holistic approach to 5uppori. assisting people 2s soon as possible on their arrTval Iii Ihe UtK. Ille continuc lo operate our Welcorne Buxes scheme, where trained volunteers visit newly arrived iiidividua15 and families living in dispcrsed accoinmodation lusually privately, Teferrcd 10 u% bj. various or8anisaiioiis across Derby. Tliey deliver a box filled witlJ useful 1￿m$ and offer befriending support to help pei?ple c()nne¢i with local services and the community. We have also maintained our approJ¢h of providing wclcojne packs to those who are hou.s¢d Jn the ciiy's iniiial accommodation hostel and hotcls. 'An Upbeat volunteer came lo ollr house ivith their Welcome Hox, and that's something th￿t rc#llv surprised us because vou are not expecting to reeeii'e an}'fhing from anyone. Yuu necd help, you ask for help, but that snnieonc drrives or eomes to )'our house, it's amazing. After that, Upbeat became like our home because we were part of soniething.. Ik'elconie Box RLbipi¢nt Inte ration Our Iniegraiion Hub is ceiitral to our offer 01. 5UPPUrt fui as>'lum seekers and i'efugees in Dcrby. Il'e offer a plac¥ (If 5af¢tJ and L(>mmunity for those ne￿1). ari-ived in tli¢ city, wh¢r¢ individuals and familics can be SUPPOrted on their integration jollrne}'. Ivc offer Ltigli5h classe5. liot mea15, acce5S to tlie int¢meL so¢ial 2Ctivities. peer sUPPOrt group5 and cultural urieniaiion sessions. During the )ear these activities were deliveied fiDin oiur base at Trinity Bdptisi c.hurch. T4owLver due lo the hurLh deci(ting to sell thc building, we needed lo find a iiew hotne t()T (Jur Derby work, and havc sincc relocated to Vi¢¢oria C.hambers, a short distance from our previous space, and centrally lo¢ated for our participallts. We are now inio our final year of our I'hriTring Place5 projeci. funded by the N'ational Lottcry. I'his project aitns 10 5UPPOrt th¢ inl¢gralion of as}'lum SCLkcrs and rcfiigees ihrounli the provision of one-lo-one 5UPPOrt and the development of individual support plans based on cach person's self-identified goals. 'Llpbeat is my second famil!. in the UK And # gceund home. If I don't know the answer, I know l eome here - that i_s iTrhat family dne5. Yuu comL hLre and it makes you feel M'ell. I can't thank Jou enough for this., IntegTaticJn Hub Participant Our Upbeat Youth pilot project came to an end diirino the year. Thi5 pruject allowed us to work with young 2sylum Seeke￿ &iid refugee5 tu develop youth activities atid idcntify future opportunities for Service provisioD. 'r¥qv family rtotiee Ivhen I hai'e been to Upbeat as mood i.s su mu¢h better. The), would like to eome along too. IniLgratii)n Hub Parlicipani owertnent lost Derb}' li￿ continued to 5UPPOrt rnainly newly granted refugees requiring temporary hosting due to the lack of availabiliry of social Iiou5ing and bartiLr% ti) private rental accomiiiodaiioji. Duri112 Ilie s'ear we were appI￿a¢lled b). Nnttingliani Ai-irnathea Tru%t, wlits were s2dlJ hal'ing io close down due lo funding challenges. to lake on I losi Nottingham. an altnost identical i)i-(ijeLt l() ()ur t)erb)' basLd pl￿ViSion. Follow somc dialo8ue beiween h()th parties, art agi'ccmcni was reaclied for Upbeat Cominunilie5 to take on this work. We hai'e been SUCCCSsful iii securing soint funding frotn Nl(Itliiigham Cilj Council 10 rclauncli the project Iwthicli had becon)e dormant) from April 2025. Page 7 Upbeat Cummunities Tru5tee5' Report 'The staff and T¥olunteers at UpbLAt Cummunitic.4 c(Insistentl!' go aboN'e an(1 beyond i their effnrt% t(1 suppnrt the people they work with. l-heir willingne%s ti) ci)Ilahorate w'ith us on projects and inilixtifv'es has grcatly enha￿ced the impact of our M'ork with this client gruvp-" Ilelen Faulconbridge, Roughi Sleeper Respon%e Imanager. Derby Homes Thri)ughout Ihe )'eaT we provided suppon to l)crbyshirc County. Couiicil in running the H()mes for Llkraine sclicine- oftering medi#ti(Iii and reniaichinu ￿￿eTe 1105ting placenients liave brokcn doivn, or come to a rtatUTal end. 'Thc journev went Tr'ery well, and I hai'e settled in with mi, host as planned. He is a onderful person. Ivith a loi'ely familv and home TrTr'hci'L I have heen M'arml) )*elconied. I am trulv grateful to Upbeat Culnmunitics fi>r intrnduciii2 me to hiTn aiid for gii'ing me tliis opp(brlunih' lo come to F.ngland. -fhere are siill many iJrgvdani%ationdl m4tlcrs ahead, but the mosl dÉffieult part is Already bL.hind me. Thank you so much for your eoneern and support." We contiiiucd to support the resettlement of fainilics through the government's ,Ifghan Relocat10115 arjd A5SlStance Polici IARAPI and Af211gn C-it12ens Resetilenient S¢htme IAC.RSI In b()th Derhy%hire and LinLulii%liirL'. 'l ani %rdteflll f()r Ilpbeat Coillmunities, support and for m}, support worker. He is not a sui)i)ort TrTr'orker to iiie, he is m) bi'other. Derby %thool, our longcsi csiabli%hed .%ocial enterpri%e ¢on¢inues to both generate iiicome for the Ih&Tlt> whil.41 als() meeting Ilie need5 of refugees across Ilie Last Midlatids. It Pl￿VideS language leaming to iK)th privatc stiidenis and diroiigh conlracis with businesses aiid local authi)riliLS. Th¢ majoi-ity of 5¢rvic¢ proN'i5ion is with fainilies arriving Ilirough resctilcinent scliemes as M'ell as Hong Kthngers in th¢ l.-K via the RNO scheine. Ilpheat Clean. our coinrneicial cleaning company. has made significant impact during Ihe year.. in tems of ¢ontid¢ts Secured, refugTrees ciiiployed. and I'epiilalional groiyth. This Liilmindled In c)ur Irdding suhsidiary. Upbeai Lnterprise5 Lid Itrading as Lipbcai Clcaiil I￿innIng the Kin¥ s Award ftsr F.nt¢rpri.%e Iproniuting opportuniii through social mobiliiyl. We are the fir%1 hu%iness In Derby5hir¢, and the first cleaiiing compan). in the IJK, to win the award. 'lipbeat Clean is easilj. the most iinportant .social enteribrise we ha%'t in Derbyi All db4I11ute hedc()n, 4hiE]in% the for olhcr comi)anies to aspire to. Supporting refugee M'onien into emplol'ment is hugely import#nt, not i)nl)' for the l)ut for nur eonimunities. helping with integr2tinn and enhancing the rci)Iitation of refugees in Derby. Secinx s(b niany of our hig coinpanies embrace this ethog nie#ns a girLAt deal to me as liadcr of tlie Council and to l)erby. IVinnin2 thL. Kin&b'5 Awdrd dL'lllilllStrates ho tllLdtllllLiful impi)rtJnt thi4 husinL'SS 1.% ti) 1112n}'. tfiild, l.LL1dci', Dcrbj I'it5' Council Ic continued to deliNei' 2wJ)rtne$8 $es$ion5 Lontinu¢d thiough the year. and were able io work with schools. univeisiiies. churches and ¢ominunity groups to ra15e awaren¢55 about our work and the needs of those seeking asyluni. Page 8 Ui)l)eat Ci)inmunities 'I'rustees' Repurt Our c.hief Executive, Aijdrew. retnains chair ()f the Derhi. c.it> tsl ￿etWOrk. The objective of the network 15 to create a% a platform for coniinuiiicatioii between all (Irgani%ation%, charitics. cducaiion provider5 2nd busillesses working to treate a climate of welcome for refuue¢5 and asyluni seekers in Derby and the surrounding area. I'lie mtetingi encouragc Ihe %liaring of infomialion aboui local. regianal and national campaigns, issues and initiatives. artd creatc parttiersliip working opportunitie5 foT network Inenibers tlirougli lis sub-groups. 'I'he niceting reports inio the naiiotial Liry of Sanctuary tnovernent via City of SdrtLtuary's regional coordinator. l-his year meetings wLre carricd Olli as a mix of face io face dnd oiiline. A Posiiive outcome has been the development of the New .￿￿1Val5 Alliance, esiablished to support organi5aiions in Derby to work togetlier t() pruvide early acccss to SLlPPOrt for asylum seeker5 and resettled retugee% to &%sisi their ()rientation 2nd illtegration. Our CEO. .4ndr¢w. h&% been app()inied to the stccring Group and progres5 ha5 been made to identify the priorities of ihc .411iance. As part of ihi5 proce55, the NAA put i)ui an exprcssion of intcrcst in piloting a single point of ¢oniact. atid Upbeat Communities EOI was 5UCC¢55ful, and we have appointed a ncw st&ff tn¢tnber to lead on this work. 'Derb)' Nem. Arrii'#ls Alliance (NAA) was eslahlished tts en%ure that new arrivals Tll Derh) are wcleomed and supported frotn the nul.set. The NAA 1% A cahe4ive partnership of organisations H'nrking coll#bor#fil'ely in the sector, actively engaginR M'Ètli each (bthor and ith new" arrival.s to design deliver high-qualiti, support for those 5eekin% as)lum or settlinx in the UK. Upbeat Comniunitics has p12}"ed d key r¢)le in tht follnding of the NAA and reniaius a central %uppurter and aetiie contributor to both the steering xri)up 2nd the ider SL'£tur. Kim Hdrplr. (.'L(), C'oiniiiiiniti. Aclioii l)eiby I Cliair. Deibv ftlii-lvdls Alliancc Achievenient and P¢r(Thrmanee Welcome Boxes - Tliis year we provided ilJ Welcome Hox i'isiis Iincludtng follow up befr7ending 5UPPOrtI to 31 laiiiilics or individuals newly arri&ed in DcTI)y. In addition, we providcd 840 welcome packs to asylum seekers l&ving in hotels or hostel accomJnodatiun lan increase ot. 135Q/u compared to the previou5 ycar welcome packs). 358 ntegr#tion Hub - Ille 5UPPOrted 1427 individuals Ilirough our Integration Hub. from 69 different nations, coiiipaieJ li) 90? lh¢ previous year an iiicrease of i8010 land a I290/￿ increase on 202?123 figures of 623 people). 'Thtrc #re still lots of things that are Trerv ne￿ ti) me And mTr children here. Evcr). da!. N'e are le2rnin% .snmething nLW. But knowing L pbeat is there, in A %hurt tIlllC WL hre finding our wai., ni). %irls are in sch(Trol, #n(1 l ani learnin2 li.n21ish in a c()mfortdhle plJcL.. I haTre also mei other Ivoiven there speak language, and this has been very good for me. l happTr." lJpbLai PÉ1 fiiLipani One l)ne Suyporl- siiice tlie 5rart of our Thriving Place% project we have been Eble to support a total of 459 in(lividuals ￿ltI7 individutil support needs.. carryiii8 oiil needs as5e55tnents. asS1S1ing individuals with creaiing individual siipport plans and undertaking follow llp dsscssrncnts. Sllpp011 needs liave included health appi)Iniment% and rL'gisirations (GPS. deiitlSts, h05Pita15. Opticians). fiJrm filling, reterrals io panner organi5ations, artd tinding i)r communicating with a solicitor. I'he5e One-to￿ne interveniions have led io the following inipact for partiLipants'. 22..fj0/o improvement in pgJ'ti£ipants being able to meet their h2sic.4uI'vival rteeds 14.60/0 iijiprtbi'enient in p*rtitii)ants' physicAI liealtli 17.60/0 imijrowemtnt in participants. mental healtli & emotinnal wclllTreing 450/0 improvement in pArticipants' feeling of beiiig intc¥ra¢cd Ind tonnttted intts the cotnmunity Page 9 UpbLat Conimunities Trustees, Report 10.20/0 improvtment ith participant5, feeling of being recognised and valued 27°/0 hmprovemeiii in partLClPllllts' abiliiy to deal wilh dgy-io-dgy thJ)Iltng¢s 17.8 10 improi'ement in participants, view on employnieiit opportunities 2SEbiration% English Classes During tlie year we ran a total of 582 Lnglisli classcs, proi'iding 2 ioial i)f 601 hours of Icarning for 1108 individual% ()ur F.ngli%h ¢la%%es in¢luded # range of lewtl.4 from pre-eiitry lo pre-iiilerinediale. All cla%se% were iauglit by qualified F.SOI. teachers. with support ftoiii volunteer5. 1'.OT nians, of our learners. ive aTe tlie only place they can access Lnglthsh learning due to waiting lists and resiriciiotjs by the Home O￿lee. 'M!' fav(TruritL' thing abuut Upbeat is that they are gii'iiig in conimunitv; iou are gii'ing to pe(Trple dnd not e￿peCting anl'thing hack. Anione iliat coiiies, a.5kin% for help, the). reeeii'e it, and the). receiTr'e inor¢'. the}. reccive friendsliip, the), receii'e home and the!. ￿li.e in return. Ilpbeat gives loi'e and hope ￿ltho￿t limit. Lpbeal givts the reasun wh). yoll want to be properly parl of Dcrb).. Ili)heat W(brEit A totsl of 174 woinen engaged wilh our weekly peer support sessions engaging in a ranoe of dLtivilic.4 including ans. Inusic. cookery. Ilierapeutic session5. and niai'ketplace cvents ￿'11¢re extcnial providers engaged iviih pa11icipanls and promoted their services. conie to Ilpbeat Wonien because I feel safe and heard. hai'L hclped nic fr()ni the beginning, and I know I can trust this place. It 15 iniportxnt to know vi)ur thoughts because I kttom. J'uu all TrTrill hLlp ML makL' the best dccisavn. l.pbeat Il'onien PartlClP&ini I,'pbeat l'outh our youth pilot project. funded for o 10-month pei'iod, engllged 67 young peoplc I I l year% and oldci'l iiicluditig both asylllm-SCLking children in thc UK wilh their f2rnilies and una¢t()mpaniL'd &s)lUn1-.￿eck-I￿￿ ¢liildrLn. The project PTovided a range of acti*ilies, shaped by the yoiiiig people. including bowliiig, cinema Vjsil. attending a football tnatch, tniiii-golf. and visits to the Peak District. A learnitig rcpon following the completion of thc pilot will help us shape future yauth provision. HDsting-I losi Derby provided support to 29 IndividLials, securing 871 nigl)t% ttf aeu)mmodatiiin Idn aweragc of 30 iiighis per placemenil; aiid throllgh ollr remJtching ￿Ork with Hom¢5 for Likraine, we facilitated 41 placcnienis, supwrting 63 individuals with 12,812 rtights of 2tcomniodation laii averag¢ of .31 I nights per placemcnil. '1 Ivas so nervous, but immediatel!. after l arrii'ed And SAW hom wL.ILvming Iny Hust ￿a%, felt .se¢tl¢d. l just lov¢d ho￿ carin% .she is. l am so glad and i'er}' proud to sa}. ni). Host Ilas a loi'ely lady until the end of my slay. H()%t DLrby (Ju¢s1 Re5ettlcmeNt Schenies During the year w'e resettled 27 new famili¢5 {124 individuals) and 5UPPOrted a total of 46 faniilie5 across Derbysliire and Lincolnsliire throunli the various I'csettlcnient schenies {UKRS, ARAP and ACR%I. -fiiis is a SiEIiIIILani increase cortiparcd to 20?3124 16 iiew f￿1)Ille$ and support ltir a uf 27 'Thaiik J'ou so mucli lo Jyoufor.Ipour support ivlien we eume lo Ilie UK. 1feel.yo comforitsble whefl I'nii comt, lo nij, livnie,. ure liA'LA oiir liimili,. We respecl sé) niiiLIL Yots liuiye 111'I11's beep) uviiiluhlL' lij lielp unil unJHber iini, (Jiie.Ilion&'. Derby l.angu2ge Stho(Il l)ver the pa%t year, M'e delivered an average of 451 hours c)f teaching and Interpielin¥ ¢Jili tnoiDtlI. tolalling rnore than 5,400 hour5 of provision. Of thi5. 550/0 was for corporate client5-including biisiiicsses, schools, and local authorities wliile 45¢/0 served privatc, fce-paying students. The school generaied ali incoine of £313,193 and acliiei'ed a surplus of £133,523. Page 10 Upbeat Communitie5 Trustees, Report Ilpbeat Cle8 The business ach&eved strong gro￿th in 20?412.fj, witli turnover rising frorn £24?,627 in th¢ previous )'ear to £.395.965. Mi)re th8n £_300,000 of this incoiiie was paid iii salaries to our teain, the tnajority of whom are from refugee backtsTounds. Derby CÉ¢y of Santiugry - Upbeat Cotnrllunities continues io manag¢ the finances of ihe Derby City of Sanctuary Ntlwork dnd Andrew Jackson our Lhicf Lxeculive chair5 the network nieetings. We ¢oDtinued to ejigage with Derby City Coun¢il around beci)niitig 2 local auiliority of sanctuary. Sadly no progres5 ha5 been made 2nd Ilie cabinet have still rtot put forward a moiion lo the full council. Case Study- Rahwa Rthwa arrivcd IR the UK in 2023. ShL siayed in a hotel in poor conditions before being tnoved to a shared house. which was also In an appalling slate. The dirt and filth caused her to develop an allergic rea¢tion all ovcr her skin. Rahwa became very depressed. When trying to clean the house, she fell down from S￿nding on a chair and brokc lier leg. Thi5 niadc tnatt¢r5 Ivurse. as she was now not Inobile enouali to leave tlie liouse. Without Iniemei, she was Unable to contact her faniily. Raliwa was Completely isolaied. At this p(Jirtt in her story. Rahwa was moved to accotnrnod4tion in l)erby. It I￿aS another sharcd liouse, bul this titne she had a posilivc experience. Her housing rnanag¢r put hL'r irt corttaci with Upbeat Cominunilies. after disLuverirtg she had no connections and couldn't pliySlfdlly leave the hollse. Two days later, Iwo Upbcal befriending volunteer5 weTe able to visit Rahwa at her house. They brought flower5 a 11.'elcnme Bi)x,' ilie) sat w'illi her and cliatied lo her. Raliw7 shared, 'Ilefore thi% meeting* didn't kn(bw friviidly. li sli#ii¥¢- ill iiiy Iioitie couiitl-j? l Atii vei-) Social. I caiiie to the ['. l& and thou%ht,'Wh*t has h2iJi)ened? I'ni completel> alone." The volunieers from Upbcai Coinmunities carne again the next day and brought a stool foi. Kahwa to rest her le¥ (In, and food for her to cat. Oiie of Ilie voluiite¢r5 had a healthcare background. so motivated Rahwa to keep doin¥ the gentlL' movcmenis rcquired for lier leg to heal. IIYh¢n She xble to leave thc house 3gain. the volunteer5 invited Rahwa to lJpbeai Women so that she could leam F.nglisli and make friends. After visiting Upbeat Il'omcii for Ilie first iini¢. Rahwa said, '] met Rgnia Illi)beAt Staffi aijd she was so cicite(I tts %te mt, tien thou%li she'd tieier met me before. She gave me A Il'elcoTTJe ilox, and I said, .1 ali'¢a(ly have one from the ladies. bui she iiie oiie agai￿. I let some ladies. they a$kcÉl m¢ wlJ¢i'e I w25 froin, And how. I was doing. These people, ¢hi¥ energy* ne¢ded it bet&use before I felt all alone. 'I"hrDugh coiitact with Upbeat Sialr, Rdhwa was able to bc referred to rlie Llritlsh Red Cros5. wh() Iielped her 10 find a soliciior. After some months, Rahwa received a Pa%ilii'L dcci%ion on her asyluni application. She sliarcd. -1 am so liappy thai I c#ii sla). in the IIK. There are tlJ#llen%es aliedd, but l am happy. have people around me.-Iliis community is the b¢5t thing th#t'% h2ibpened to me." Page 11 Uibbeai Communitie8 Trustees, Report Reserves Policy or Upbeat Coniinunilies 'l'rusiees, consideration of the level of reserves that the Charity needs to hold, and how lo acquire Iliein, is ali iinponant part of planniiig and of sound financial manatteineni. -I'liese levcls iieed to be appropriate (o the charity ai all stages of its cxistcnce. Finding a balaiice bcrnvcen reserve levels th2t are too liigh Itlius tying up nioney that sliould be spent oii cliarilable activiiiesl or too low (risking the future of the cliarity's existence) is built into OUT financial planning proce55e5. Regular I'i'ustee dTalogue alway5 targets siifficienl rescrves to provide resilicnce across all cliinates, wliilst also offering fiilure investmeni potential lo facilitate Bro￿&1. Sittce 2017, tlic Upbcal Communiiies Kcscrves Policy has been reviewed and iipdated annually by lJphLai Trllstees. Typicall}'. the tsrgei level of reserve% ha% been based ar()und a reasonablL 4 months, ￿Orth of C05t5 lallow'ing 5¢rvice5 to be rnaintaincd the event of unforeseeable funding blockage51. Tlii5 ha5 C011515tently been achieN'ed ivhilst the charity lias successively grown ils rcvenue, to circa £ l luriiover in 2023124. 1.he rclcvani iiumbers as at 3 Isi Nqarch 2025 arc., total reserves of £415,320 1£17k restricted), rcpresenting 4.5 montlis of expected cosis. Upbtat reservts arc acliieved Itom residual Incoii)e froni several lunding %our¢es. iogeiher with Interest earned tsn e&sh invested. Tlie %()urce% uf unTestTILLL'd funding turrently include, but aren't limited to.. Resettlement Pmjecty Dl.S, lrtdividual bliving and annual fundraising activities. Upbeat'l rustee5 uphold fully tlieir legal duties in respect of C'liarity reserves. i.e. tjiose assets ITI the unrestricted fund. which the Cliarity ITUSiecs liave, or cali iiiake available, to apply lo all or ali). of sts purposes, once (lie have provided foi. the conimitincnis of tlic Cliarity atid its otlier pI￿ltied expendinjrc. In following the CC guidancc, we, as Trusiees, coniiiiue to revicw this policy carofully, considertng the C.harity's financial standing in respect of Teserves. Upbeat C.ommuniiies current approach io its Teserves 1%.. Maintcnanc¢ of 4 Imiiiitnunil to 6 Ipi'ef¢iTedl tnonths of operating costs, to provide stability to service delivery in Ilie event of issues affecting the provision or sccuring of fijnding Coniinuing 10 support Ilie development of IJEL Ihrough its initial grO￿lh and consolidation phase Balart¢ing the Tiskl r¢w#rdl liquidity factors when ¢onsideTillg wheie io invest ie%erve%. An appi"opria stud} was uiidertaken diiriiig 2023124 which h&8 led to the Charity utilising the Christian Aid Foundation platform for Invesimcnt of its cash reserves. Coiisideratioii of an appropriate suni, whtch could be used in the circumstances of ivinding up the charity; nieeting Ilie Lh2riry'S OULqtandiiig financial comniitmeiiis. Ive have identified a 6-month period to cornplele a plia5ed 5hutdowi fully, meetinu it5 financial obligations. Tlie detsi15 of tliis calculation are provided at tlie end of tliis polic),. Reserves are -free reserves" i.e. unre5tri¢ted funds excluding fixed a55eis and d¢fin¢d beDefil p¢n5ions. Th¢5¢ fr¢¢ re5eTves include Ehorl-tcrin inve51ment balanccs. cash and odicr working capiial balances. Tli¢ reserves ontinut to be built from these 50urce5. Tlic Directors believe that the reserve5 policy and tlie finaiicial perforinaiice against thi5 policy should continue to be revieii'ed aiinually as a rniniiiiuTll. with any Tcquired amendnieDts niadc t(1 the poli¢y at ¢ach r¢view. Page 12 Upbeat CDmmunitie% Trustees, Report urrent e8lcul8tioD based on winding up the charity to m¢et finAnci&l obliggtions: U beat Coimfflunities Phased Shutdown Ttstml Beehive 2.500 2.51)0 2.500 2.500 2.500 2,500 1.S.UOO OperatlOll5 Adinin 3,340 3.340 3.340 2,462 3.340 2.462 i.340 3.340 20.040 2.462 2.462 73,710 73.710 2.462 2,462 14,772 147.420 Two tnonths all staff Notice period Hi)liday Pay 2 week5 all staff Redundancy Rent LL)niraci 68.040 68,040 34,020 61,212 126,000 126,000 750 4.500 61.212 C.ontin¥ency Audit c'osts 750 750 750 750 750 12,000 12.000 12.000 12.000 Liquidation TOTAL 515.004 Dixlii¥ure of information to auditor Each iru5t¢e ha5 tak¢n steps that they ought to have tsken as a trnsiee in ordcr to makc themselves aware of any rcltvRnt audit inf(}M￿ll0n and to cstsblssh that the Lharity'* audilOT 1% aware ot- thai inforniation. '[ he tru51ee5 confjrm that there is relevant infomiation that they know of and of which they know the auditor is unaware. sÈgned on lis behalf by.. David Priestley Trust¢e Page 13 Upbeat Communities Slatemcnt of Trustees, Responsibilities The truste¢s Iwho are also the directors of Upbeat C.ornmunities for the purposes vf Lutnpany lawl ar¢ rcsp0115ible for preparing the ¢rus¢ees' report and the financial ststenients ill accordallce with applicable law and Llnited Kingdom Accounting Standards (United KingTdorn Generally Accepl¢d A¢Lovnting Practice). including FRS 102 "The Financial Reportlll8 Standard applicabl¢ in the UK and Republi¢ of Ireland" c.ompany law requires the tnislee5 to prepare financial Stater￿llts fL)r each findn¢ial year. lJnder Lompany la thc trustec5 rnU5t not 3PPTOV¢ the finan¢ial 8iatemeni% unless thcv are satisfied that they give a true alld fair view ol. IhL %taie of atTairs of the parent Lharitable ¢(Impany and the group and ot the incomin2 rc50urce5 and application of re5vufL¢%, InLluding its income and cxpenditure, of the charitable group for ihat peri(Id. In preparii)g these financial stoiements, the trustecs are rcquired to.. 5ele¢t suitable acc4)uniing poltcaes and apply them consistently- obsLrv¢ the methods and principle5 in the Charitie5 SORP.. make judgcments and estirnates that are reasonable and prudeni,. State wheiher applicable accounting Standards. cornprising FRS 102 have been followed. sllbj¢et io any material departurcs disclosed and explained in th¥ liTranL131 s¢aiements', and prepar¢ the financia] statements on the going concern basls unless it 18 inappropriate to prcsume that the parent charitsble company wll c()ntinue in busitiess. The trustccs are responsible for keepin¥ proper accounting reeords that can di5c105e wth r¢a50nable a¢¢uro¢V ai any tiille th¢ tinancial position of the parent charitsbl¢ Lompdlly th¢ ¥ri)up and enable them to ensure that the financial staterneNts' Lvmply with the Companics Act 2006. "I'hey are a150 T¢sponsible for sal¢¥uarding? the ass¢1% ol. the parent charitable company arul the gTroup aTKS hert¢e fc)r taking reasonable steps for the prevention and detection of fraud atKI other Irregulariti¢s. Thc tr115tee5 are responsible for the maintenance and integrity of the ¢orporaie and financial information includeij on the ¢harirablc company'5 website. Ixgislatiun ¥vveTning thL PTLpufdLiuii a[￿ dissrJIiiiidlivii uf rinanLial statements rnay differ from legislaiion in other juri5dsCtion5. Dai'id Priesiley Tru.%tec Pase 14 UpbeAt Conimunilies Independent Auditor's Report tu the Menibers of Upbeat Communities Opinion Wc liave audited th¢ fiiiancial siatemenis of Upbeat Coinmunities (the 'chaTltable pareni e()mpany'l at]d its subsidiaries Iihe 'group'l for the year ertded 31 March 2025. ￿hleh comprise the Consolidated Siaien)ent of Financial Activities, Consolidated BalanLe Sheet, Balance Sheet. Consolidated Siaiemenl of Cash Flows, Statenient of Cash Flaws and Notes to the l.'inancial Staleintnts, Including a qummary of signiticant accouniinu policics. -I'he financial rcporting framew()rk ihal lias bcen applied iii Ilieir preparation 15 LIDited Kingdoni Accounting 812ndards, comprising Charities SORP - FRS 10? 'The Financial Reportino Standard applicable in the UK and Republic of Ireland, and applicable law (United Kingdoin Generally Accepted Accounting Practice). In our opiniort ihe finaticial siaienieiiis.. give a true and fair view ()t' the state of the group's and pairnl charity's affaiTS as at 31 March 2025 and of its inconiing resource8 and application of rcsouires. including it5 inconie and expertditllre. for the year then cnded., 113ve been properl} prepared in accoTdance with UDited Kingdom Generally Accepted Accounting Pra¢ti¢e', and have been prepared in accordance with the requirenient5 of the Companies Act ?006. Basi.% (Thr opinion I'e conducicd our audit in a¢¢ordan¢e ivitli Internation81 Staiidards on Auditing IUKI IISAS 11.'Kll and applicable law. Our resp0115ibilit1¢5 under those %taiidards are fijrtlier described iii ihe auditor re£pthn4ibilities for thc audit of Ilie fiiiancial 5tatemenLR %ecti()n of ()ur rcpoyt. Il'e are iiidependent of the group in aLcordancc Ihc cihical requirements tliat are T¢leNartt to our audit ot-tlic financi21 statements in tlie LK, including Ilie FRC'S FrhiLal Standard, and we have fuifjlled our oiher ¢thical r¢spun&ibiliiiL'S in aLLurddtiLL willi Lli¢s¢ rr4uiIrIiirIil>. We b¢liev¢ tha¢ the audit evidcnce wc have obtained 15 5UtTicient and appropriate io providc a basis for our Coticlusions relating to going concern In auditing the IinJnLi&l staieiiienis, we liave concliided that the trustees use of the going eoncem basis of accountit)g in the Preparation of the financial siaicmenrs is appropriate. Based on the work wc have pcrtornied, we Iiave nol ideniified any material uiicenaiiiiics relatiiig to events or onditions thaL individually or collectivel).. tnay cast sigiiifiLant duubt on Ilie group's abilits. lo contlTiue as going concern for a period of at least twelve manth% fi(Im M'hen the original tinancial statements were authori5ed for i%.%u¢. Our re%ponsibiliiies and the responsibilities ofthe irustees wilh respect to going concem are dcscribed in the relevaiil 5¢Ctions of thi% report. Other infurwn¥tio l-hL tI-U51¢¢5 are iesponsible for the oihci. information. Th¢ other information comprises ihe information included in tlie anniial repori. other Ihatt the financial statcmeiits and our auditor's report th¢rtun. Our opinion on the finaiicial 51aternents d()cy ncil Lover the oiher 511foriiiation atid, excepi to tlie extent otlieTwise ¢%pliLiily siaied in our report, we do not CXPT¢S5 any fomi ofassuraiicc coiiclusion thereon. In connection with our audit of the financial %iaieiiienis, our responsibility is io read Ilie otlier iiifo￿atIon aDd. in doing 50. CQn5ideT ivhether the othcr infoiniation is Tiiaterially inconsistent with tlie financidl %t#¢ernents or our knowlcdge obtained in the aiidil 01 Vtherwise appears to be Inaierially Jiiissiaied. If ive identify 5ucli tnaterial irt¢ort%istencies or 2pparcnt material misslalement5. we are requiT¢d tu deiLrmine whether there is a Jnaterial isslatement in the financial staternent% or a Inatcrial tnisstaieineiil of the otlier iiifortnatioin. If, ba%¢d nn the ork ive have perfortned. we con¢lude ihai there is a maierizl InissLqteinent of tlii5 Other inforinati()n, we are required io report thai fact. Page 15 Upbeat C.ommunitie8 Inllependent Auclitor's Report to the Menibers of Upbeat Communities We have nuthing to report in thi5 T¢gard. Opinion on other rnatter prescribed b). the CompaNie5 ilct 2006 In ollr opinion, based on the work llndertaken iii ihe c()urse of the audit.. the information given iii tlic Chair's Repon and 'l-nislecs' Repon for Ilic financial year for which the finaneizl statements are prepared is consisieni willi the finaiicial st8temetits,' atid the Chair's Report and Trustees. Report have been prepared a¢¢ordan¢e with applicable legal rcquirements. Matl¢rs OD which The are required to report by exception In thL light of ()ur knowlLd¥L' and undLr.4ianding (Il. th¢ gTOUP and the parent charitable conipany and its environnicnt obtained iti tlie course of tlie audit. we have noi identified iiiaterial missiaiemcnis in the Chaivs Report and the Trustee%' Report. Wc have noihit)8 lo rcpoit in rcspcct of the folloiving matters where the ('ompanies Aci 2006 reqllires us to Irport to )'ou if, in ollr opinion.. ade4Udl¢ acLc)untin¥ rec()r(Is have not been kept by the parent charitable conipany. or retums adequate for OUT audit have nut becn receil'ed frorn braiiches not visited by u5.. or thc parent charitable company financial Statements are not in a8reement with Ilie accouniing records and returns., or certain disc105UTes of tTUSte¢5 TeTnuneration qpecifi¢d by lam. are not tnade,. or we have not received all tlie infortnalion and explanations ive require for oiir audit. Re.5poD.sibilitie5 of tru5tee5 As explained more fijlly in the Statement of 'l-rustees' Respotisibiliiies Isci out on page 141, Ihe trusiees are J'esponsible for tlic prepaiation of die fjnancial siaicnicnts and for being satistied tliat they give 2 Irue and fair view, and for sucli inicrnal cotiirol as tlie triislees dctcrininc is necessary to cnablc thc prcparation of tinancial statcmcnis ihai arc frec from material misstatenient, whcthcr due to fraud or crror. In prepaTing tlie financial statements, tlie trustees aTC re5P0115ible for a55e5singT ilie charity 5 ability to cuntinue as a going concerii, disclosing, as applicable, iiiatrcrs ielaled to going conceni aiid usi112 ilie 20iiig conceni basis of aeLÉ)llnling unless ihe Irusiees either Int¢nd io liquidate the charity or to Lease operaiiotjs, or have no realistic alternative but to do so. uditor r¢sponsibilitits for ih¢ audit of¢h¢ fIn￿ncl#l stalerncnts Our objectivc% are to obtain rcasonablc assuraiice about whciher thc financial statemenis a whi)Ic are free frotii niaierial misstatement, whether due to traud or error. aiid io is%ue ali auditor'% report tliat Includes our opinit)ii. Relqonable a%%uraiice is a high level ()f a%%llrance, but Is noi a guarantee Ihai an audii coiiducted in aeLurdanLL Wlth ISA% IIJKI M'ill alwa}'s deteci a Inaierial misst2tement wlieii li exisis. Nlisstatcirenis ean arise rrom Iraud or error and arL considered matcrial if, individually or Jn the aggrebiaic. Ilicy COLild Irasonablj be expected to influen¢e the eLonomi¢ de¢isions ol-llsers taken on the basis ot'ihese tinancial siaiemenis. As part of an audit in accordance ￿lth ISAS IUKI, Ive exercise professional judgeiiieiit and niaintain PTufe¥sional sceplici5ni tliroughuul the 41udil. Irregulariiies, intluding fraud. are instances of non-compliance laivs and regtslations. Ive deqign procedures In line with our re%rK)n%ibilitlL'_%, ouilined aknNe. its deteLt n)ateT2dl iiii.s%tatem¢nt% in re%pect c)r irrebyularities. Including traud. The extent 10 which our PTocedures are capable of deteciing irregularities. including fralld is delailcd below. Page 16 Upbeat Coinmunities Independent Auditor'.s Report to thL MLmbLrs of Ilpbeat c.ommunities The extent to which the ludit Was considered capable of deteeiing irregularities including fraud approach to ideniifyin¥ and assessing the risk5 of tnaterial mi￿(alen7ent in respect of irregularities, including fraud and non-coinpliance ￿1th laws and regulation5. was as folluw%". the engagement partner ensured that th¢ engagement teani collectively had the appTopriate competence, capabilities and %kills to ideniify OT recogni5e iion-c()mpliancc willi applicable laivs and regulaiions; we identified the law_% and regulat10115 applicable to the gr()up Ihrougli discussions with directors and other rnanagenient, and from ollr commercial ktiowledge and experience ofthe chariry sector; we focused on specific laws and regulation% which we considered tiiay liave a direct tnaterial effect on the financial staternents or ihe operations of tlie coiiipany. including the C.()mpanics Act 2006, Charities Act 201 I, data pri)tLclion. anti-bribeiy. eiiiployment. enviranmcntal, fire safety. and liealth and safery legislation; we assessed the exieni of conipliance ivith th¢ laws and regulations identified above ¢hri)ugh making cnquiries of Tnanagen)eni, reviewing licenses, cerlific31¢% ond rLlcvant correspoiidence iTi¢ludirtg thc inspection of legal correspondence., and Ideniificd laws and regulations were comniunicatcd wiiliin th¢ dudit team regularly and the team remained alcrt lo instance5 of non-compliance ihroughoui the audit. We a55¢ss¢d ihe sllsceplibility of the group's lindncial siaiciiicnts to illatcrial ffli5StatemenL inclllding obtaining ali understanding of how. fraud might occur. by.. niaking enquiries of management a5 to Mlicre they considered tliere wa5 susceptibility to fraud, their knowledge of actual. suspected and alleEed fraud: and considering the internal controls in plaLe 10 miiigdie risks of fraud and non-compliance with laws regulations. To address th¢ risk of fraud thrnugh managemen¢ bias 2nd override of contro15, We.. perfonlled anal￿1¢8[ procedures to identify aiiy unusual or unexpecied relationships. tested journal entries to identify unusual iransacitons: assessed whether judg¢rnenis and assuniplions rnade in detemiining ihe accounting estimates were indicative (Il. poteniial bias; and invesiigated the raliomale behind signifi¢ani or unusual trdnsaetions. In respon￿¢ to the risk of irregularitie5 and noD-¢()nipliancc with laws ajid regulations, we designed procedllres thich included. bui werc noi limtied to.. agreeing finanrial 5t2tement disclosures to underlying SUPFK)rling dtscumentaiion., reading the Jiiiiiules of nieetings of thi)%e chargcd iyith goveriiancc., enquii'ing of iiianagernent as to actual and potential liligalion and Llaims.. and reviewing cotrespundence wilh IIN4RC, rclevant regulators and tliL cumpany'% legal advisors. There are inherent liiiiitations in our onc other than the ¢haritabl¢ parent company and its trusiees as a body. for our audit work. for this reroffj or for the opini011s we have formed. Ory)￿￿￿￿ LLP Mr David Tucker IS¢Diur Statutory Audilorl l-.or and on behalf (?fThonipsoN JeniieT I.LP. Statutory Auditor I Collcton Lrcseeni Exeier Devon LX? 4DG Date.. Page 18 Ui)beat Communities Consolidated StatLment of FinanciAI ALtivities fur thL. Year Ended 31 March 2025 (lllcluding Consolidated Income and F.xi)enditure Aceaunt And Statement (Jf Total Recognised Gains and Losscs) {Inrestritted funds Rtstritied funds Toigl 21)25 Note Intome 4rtd F.ndowments from: Donations and Icgacics Charitable activities Otlier trading 8ciivitEes Investment tncome ?82,996 704,542 392,299 1,480 120,177 260 403,173 704,802 392.299 1,480 Totsl inconie 1,381,317 120.437 .501,754 Expenditure on: Rai%ing fuiids 1.396.QC)71 1¥66.5()51 1396,0671 1982,360) 1115.7651 Total expertditure 1116?.66?1 11.378,4271 Net income 118,655 4,672 123,327 Net rtiovemcnt in funds 118,655 4,672 123,327 Recontiliation ol funds Toi¥l lutyds braushi forward 279.821 12,307 292.128 Total funds carried fonvard 20 .I98.47C) 10,979 415,455 Th¢ notes on pages 25 to 48 fom) an integral part of these financial SLqtements. Pane 19 Upbeat Communities Consolidated Statement of Financial Activities for the Year F.nded 31 March 2025 (Including Consolidated Income and F.xpenditure Account and Statement of Total Recognised Gains and Losses) Prior period comparative [Inresrricted funds Restricted funds l-otal 2024 Note Inconje and Etidownieiits from.. Doiiation.% and legacies Charitable aclii'ities Other trading 2ciiviiies Inv¢5thient income 189,307 549,451 226.186 142,130 -J31,437 -549,4.51 126,186 1,201 Tota￿ irtc()me 966,145 142.110 .108,275 Expenditure on: Raising tiinds CharIiable aciivjljes 1?60,5i81 1583,7611 1260.5381 1750,7531 1166,9921 Total expenditure 1844,2991 1166.9921 Net ineomellexpenditurel 121.846 124,8621 96,984 Net movement in fitnds 121.846 124.8621 96.984 Reconciliation of funds Total fund5 broughi fornvard 157.975 37.169 195,144 Total funds carried foNard 20 279.821 12.307 292.128 All of the group'5 activities (leriv¢ frotn runtinuing op¢rations during tli¢ dbuve periods. The funds breakdnum tor ?a24 1%.4htswi in nott 20. The notes on pages 25 10 48 forni an integral pan of these financial statenient5. Page 20 Upbeat c.ommunities (Re2iStrntion nuTnber: l)4648977) Consolidated Balance Sheet as at 31 MarLh 2025 21125 2024 Note fr.ixed assets Tangible assets 6.283 4.65 Current assets Dcbtors 188.618 388,072 177.238 261,795 Cash at bank and in haT 576.690 4ig,0_13 Credilor5: AmouDts f#llithg due witbkm otte ytar 1154.8521 {110.2121 "et ¢urrenl a5set5 -308,821 l otal ¥s5¢ts l¢$¥ ¢urrent liabiliti¢$ 4?8.1?1 313.471 C.reditvr¥.' Amoitnts fallittg dkne 8fter more thAD one ye8r 112.6661 {21.1411 Net asset5 415,455 292.128 Fund% Df Ihe group: Restricted incorne funds Resirieicd funds 20 16.979 12.307 Ilnrt%tritied Income funds Llnr¢sliir¢rd fund_% 398.476 279.821 Totol fund$ 20 415.455 292.128 ncial $￿TeMents on pages 19 to 48 w¢re approved by ihe tnjstees, and authorised for issue on and signed on thcir behalf by.. David Priestlev Tnjstcc The notes on pages 25 to 48 forni an integral part of these financial Statements. Page21 Ilpbcat Communities (Registration number: OS648977) Balance Sheet as at 31 March 2025 2025 2024 Note Fixed assets Tangible assets 6.283 4.650 Current ￿￿ets Debtor5 Cash di bank and in har 190.643 347.431 172,733 230,919 538.074 403,652 Creditors: Amounts fAlliDg due withiD one ye8r 193.8581 et rurr¢nt gsstts 4:1,70.3 J09.794 TotAI Assets les5 current liabilitie5 4•7.986 314,444 C.reditors.' Amounts fallillg due 8fter more than one year 112.6661 ?1.3431 Net 115set5 415..320 293.101 Fund$ of the thMrity: Restricted income funds R¢slTILied lund% 20 16.979 12.307 Ilnre%lriLled fuDds L'nrestr2cled fund5 398.341 280.794 Tot#1 funds 20 41.5.320 293.101 The fi ancial statements i?n pages 19 to 48 were approved by the truste¢s. and auth0ri5ed foT 15sue on David Priestley Truster The notes on pages 25 to 48 fomi an iniegrdl part of these financial sthtements. Page 22 Upbeat C."ommunitics Consolidated Statement of Cash Flows for the Year Ended 31 March 2U24 2025 2024 Note Cs5h flows from uperaiin% activities Net cash incomc 123.327 96.984 Adjustnients to ca$h flows froni non-ca5h itern5 Depreciation Inveslnient En¢ome Incomc tax expense of trading subsidi3ry 2,878 11,4801 226 2.080 1?4.951 97,863 Working t2Plt&l Adjustment5 In¢re&%e In dcbiors Incre￿¢ In irediiors Increasel{decreasel In deferrcd incorlle 125.9811 44.818 17,9481 5.385 Nei cash flo￿5 from opcrdiiiig aclii'ilies 137,771 108.752 C".Ash flow5 frorn invc%tithg attÉ&ities 1,480 1.201 12.9671 Pureh2se of tangible fixed assets Net ¢￿h flows from investing activitte5 13.0311 11,7661 C.9sh flows from financiNg artivities Repaymeni of loan5 aiid borrowings 17 18.4631 16.8791 Net increase in cash and cash equivalents 126.277 100,107 Cash and cash equivalents at l ApTiI 261,795 161,688 Cash and cash eqllivalents at 31 March .388,072 ?61.795 All of the c¥h flows arc dci'ivcd from continuing tsperaiions during the above two periods. The notes on pages 25 to 48 fom an integral part of tliese financial %13iemenis. Page13 Upbeat Communities Statement of Cash Flaws fibr the Year Encled 31 March 2025 2025 2024 Note Cash nows from operating a¢iivitie$ Net cash income 122.219 97,208 Adjustments to Cash flow.% fi'vm non-ca5h itetll5 Depreciation Invesitiient sncome 2,878 11,4801 2.080 12.3.617 98.087 Working t2Plt#l •dju5tment5 Increa%L 111 debtOf5 Increase ili creditors 15 117.9101 l.i40 10.959 {20,7931 13,753 17.9481 Increi%elldecreasel in defei'red incoffle Nel cash tlows from operating activities 128,006 83.099 Casli nows from I￿￿e$ll￿% atti%'itie$ 1,480 Purchase of iangiblt fixed asscts 12,9671 Net cash fl(¥ws from investing activitie5 11.7661 C.9$h flow$ from financing a£tÉvities Repaytnent of loans aiid borrowings 17 18,46il 16,8791 Net increase in cash and cash equivalents 74,454 C.a%h and cash equivalents at l April 230,919 156,465 Cash and cash equivalents ai 31 March 347.431 ?30,919 All of Ilic cash flows are derived from continuing operation5 during the above two periods. The notes on pages 25 Lo 48 fomi an integral part of these financial statements. Upbeat Comn)ui)ities Notes to the Financial Statement.$ for the Year F.nded 31 March 2025 Charity status The charity is limited by guarantee, incorporated in England and Wale5. and consequently does not have share capital. Fach of the trustees is liable to contribute ali amount not exceeding £1 towards the a55Cts vf the charity in the event of liquidaiii)n. Thc address of its regisler¢d office is: Bridge 14ouse Riverside Court Pride Park Dcrby DE24 SHY The principal p12cc of business is.. Virtoria c.hambers Londoii Road Derby DEI 2PA 2 Att¢Juniing polLcÉes SuM￿al?. uf signifit#nt attounting policies and key accounting e5timAtes Th¢ piinLipal acLoiiniing policies applied in Ilie preparatioii ol. tlies¢ fiiiiincial statements ar¢ sei olli below. These policie5 have beert ci)n%isienily applied io all the year5 presented, unless otherwise stated. StAtement of conipliance Tlie financial SlalLftieiiis havc beeii prepared in accordance ivith Accounting and Reporting by Charities.. Staternent ol Recommctided Practice lapplicable io cliarilie5 preparing their accoun¢5 In dtcordanec with the FirtanLial Reporting Siandard applicablc in the UK aTid Republic of Ireland IFRS 10211 lissued in October 20191 ICliarit1¢5 SORP IFRS 10211, Ihe Financial Rcporting Standard applicable in the UK ￿ld Eiepublic of Ireland IF'RS 1021 and die Conipanie5 Act 2006. Basi.4 of prep#rJ)iio Upbeat Communities niects the definition of a public benefit enlily un(l¢r FRS 102. Asseis and liabilities are initially recogni5ed al hisiofJLal cost or transaction value unles5 Otlienvise stated in tlie r¢l¢v4nt accollnting policy notes. Basis of con501idatron 'rhe ¢iin%iTrlidaled linancial staiemenis consolidate thc financial 5taternents of the charity dnd its subsidiary undertaking5 drawn up to.I l March 2025. No staicnicni of finaiicial aciivitie5 is pre5eTlted for the Charity a% ￿rnIllied by seetion 408 of the Companies Aci 2006. The chaTily made a profil after tax l(Jr ihc financial year of £122.21912024 £97.2081. Pagc 25 Upheat C(bmmunitios Notes tu the Financial Statements for the Year F.nded 31 March 2025 A subsidiary is an entity controlled by the chaTit>'. Control 15 achi¢￿ed ￿ller¢ the charit). has the powcr to govern thc fiiiaiicial and operaiiiig policies of an eiitity 50 as io obtain benefit5 froni it5 activitie5. The rcsuls of subsidiaries acquÈred or disposed of during the vear are iiicluded in tlie statement of financial activiiies froill the etfccttvc dale of 2CqUlSltion or up to the effeciive date of disposal. as api)ropTiate. WlieT¢ necessaiy, adjustnients are made to the financial statements of sub5idiarie5 to bring theii. accounting policie5 into linL Ivlth iliosc used by thc group. The purchase Tnethod of accounting 15 U5¢d to accoijnt for business Combinations that result in the a¢quisition of subsidiarics by the group. Thc cost of a busiiiess conibiiiaiion is nicasured as ihc fair i'alue of the assets given, equiry insiruments issued and liabiliiies incurrcd or assunied at thc daic of exchange. plus costs direcil). ai¢ributabl¢ to the bu.%in¢s% ctsrnbirtation. Ideniiliablc assets acquired and liabilities and contingeni liabilities a45urned in a business ¢OTnhinati(Ill aTe measured initiall). ai theiT fair vallle% at the acqtsi%ition dale. An), excess f tlie cth_sl tsf the busirtes% combirtaiiort over tht aequiTer's Intere%t in the net fair valllt of thc identifiable assets, liabilitie5 and contingent liabilit1¢5 r¢¢ogrtised is i-eeoTded &% goodwill. Inlcr-cornpany tTansactiun%. balan¢es and unrea115ed gains on transactions between the charity and its subsidiaries, which are related part1¢5. aT¢ eliminated in full. Inira-group los%es are also eliminated bui may indicate an impaimicnt that requires recognition sn the consolidated financial staternent5. Accouiiiing policies of subsidiai'ies liave been changed where necessary to ensure c011515tency with the polici¢5 adopted bj the groiip. Non-conlrolling inteiests in the nel assets of consolidated subsidiaries are identified separalel), from the groiip's equity iherein. Non-coiilrolliiig iiiterests consist of tlic aniount of Iliose interests at the date of the original business comblnatioii and tlie non-conirolling sliarehulder 5 Share of changes in equity since ihc date of the coiiibination. l-olal compreliensii'e iiicoine is attributed to noii-controlling iiitere5t5 even if this results sn thc non-controlling interests havino a deficit balance. oing concern The Irustees Consider tliat there a￿ no maierial untertaiiiiies about the group's ability 10 coniinue as a going ¢on¢¢rn nor any significant aT¢a5 af un¢ertaiiilJ ilial dllec¢ the carryiiig valuL af a%set5 held by IhL gTI)UP. Incorne and endowNientS All inLoine i.s rLctsgniscd onct the charity has entitlcmcni io the incomc, it is probable that the income will be received artd the 2mourtt of the income receivable Can be measured reliably. Donulion5 ondleKacies Donations are recognised wheji tlie chartty ha5 been notified in ivriling of both the attJounl and 5ettletnenl date. In IIIL evcnt Ihai a donalioti is subject to condiiions thai rcquirc a Icvel of pcrtorinance b> ihc cliariiy bifore the ch3ritv is eiiiitled to the funds, thc income is dcfcrrcd and noi recogiiiscd until either ihosc conditions arc fully mct, or the fuifilnieni ofthose conditions is wliolly wiiliin the control of the cliaritj. and it is probable that these conditions will be fiilfilled in the reporting period. Grunli receii'ublv Gratits arc rLcognised when Ihe group has an entiilenienl ro the futids and any Collditions litiked to the grants liavc bcen niei. Il'here pcrlomiance conditions arc aitachcd 10 Ihc grant and arc yet to bc met, the inconie is rcc4)gniscd as a liability and included on ihc balancc slicci as dcferrcd income lo be released. Pag¢ 26 Upbeat Communities Notes to the FinanciAI StatLments for the Year F.nded 31 March 2025 Deferred iiicopie Deferred income represents amounts received fcjr flliurc periods and is rcleased ￿ incoming resources in the pei-11)d f()r which, it has been received. Sucli income iq Onl￿ deferred ￿llen.. The donor specifies that the grani or donation mlist only be used in futur¢ accounting periods,. or The donor has imposed conditlOll5 which must be met bclore the charity s uncondiiional entitlement. Oiher Irading urtiviiie. Tlie Subsidiary recognises the fair value of the considcration Te¢eived or receivable for the sale of goods and provision of setviccs in the ordinary cour5¢ (If the cvmparty's activities. Tllmover is showi net of saleQvalue added i&¥, rL￿t￿M5, rebaies and di5COUlIt5. The company rccogniscs rcvcnuc when.. Th¢ amount of revenue cali bc rcli2bly measured., Tl 15 prvbable tliat future economic benefits will flow to ihe eniily.. 8nd specific criteria have bcen rnet for eaLh uf thL companj's activities. Invesimeiii DividL'nds arc recognised once the dividend ha5 been de¢lared and rtoiitication has been received of the dividend du¢. F.xpenditure All t'xpt'nilitiir*. 1% ree.ngni.qeA nnce there is a legal aT Cnll%tructive nhligati()n ti) thai expenditllre. it is probable 5ettleiiient 15 required IhL amount can be nieasured reliably. All cu5ts are alloc#t¢d to the applicable expenditure lieadino that aggreoate siniilar c()%t% to Ihat category. Illliere costs cannot be directly attributed to particular headings thcy liavc bcen allocated on a basis consistent wilh the use of re%ources, willi ccnir21 sLaff costs allocated on the ba%i.q ()I' time spent, aiid depreciation cliarges allocated oli the portion of ¢lie asset's llse. her.supwn cosis arL allocatcd based on the 5pf¢dd vf %iaff co%ts. Raibingfuiids "I'hese are c0515 Incu￿ta in attratting volllntary income, the managenient of investrnents and those incurred in trading activities that raise funds. Cl2tsriiublÉ uciiviiies ('.h2ritablc cxpeiidiiure coniprise5 tliose costs Iiicurrtd bj ihc cliariry, in Ilie dclivery of its activitie5 aiid Services foT ILS beneficiarie%. It includes boih costs that can be allocated directlj 10 %ULh activities and those costs of an indircct Jiaiurc necessary tv SUPPUrt tliem. Supi)ort Costs f uppi)ri costs Include central funciions and have been allocated to activity cost categories on a ba5i5 consistertt willi ihe use of resources, for exa171ple, allocating pii)perty cosis b), floor areas, or per capita, staff c051s by the timi. 5peni and otlier costs by dieir usagc. Governance cost5 Thesc include the c05ts aiiribiiiable 10 die cliariiy's conipliaiice ￿1th constilutiunal and siaiuiory reqllirements, including audit, strategic illaiiaoemcnt and tru%tLe% meLilings and rcimburscd expenses. Pag¢ 27 Ui)beat Coinmunities Notes t(b the Financial .Statements for the Year ri.nded 31 March 202.5 xation The charity is considered lo pass the tests set out iti Paragrapli I Schedule 6 of the Finance Act 2010 and thLrcfore It meet% th¢ deliniti(ID of a charitablL Lonipaii) f(?r IJK curpoiTatiun tax purp05e5. .4ccurdingly, the ¢liarity 15 Poteiiiially exenipt from taxation in respect of income or capTial gains received within categories covered by Cliapler 3 Part I l of Ilie C'orporation "l ax Act 2010 or Section 256 of the I"axation of Chargeable Gai115 Act 1992, to tlie exlenl thai sucli incoine or gains are applied exclusively to cliaritablc purposcs. Tangible fixed A55e15 All fixed assets are eaiialiscd ai Lost, where considered approprtate 10 capttalise. Those purchased b). %pe¢ific gills diid grants liave been written off fvlly in tli¢ year of gyjft. DLprtria¢ioD auivrtisatiu DcpriCl%tioi) is prO￿lded oil tangible fixed assets so as io ￿lie off the cost or valuation, less any estimated residual value. oler their expeLted useful econtsmic life as follows". Asset ¢lass OtTice Lquipment Deyreciaiion method rate 25 /0 51raight line Trade debiors I'rade debtors air amounts due from custorner5 for merchandise 501d or services performed in the ordinary coursc of busine&s. Trade d¢btor5 are recognised initially at the transaction price. They are sub5equentlN' nieasured at arnortlsed cost using Ilic effeciive inieresl nieiliod, less proi'ision for impairnient. .4 provisioii for the impairincni of trade debtors is esiablished wlieii Iliere is objective evidence thai the cliarity will not be able to collect all amounts due according to the origitial tcrnis of tlic rcccivables. Cash and cash equivaleijts Cash and c&sh cgiiivalenls coinprise casli on hand and call dcposits. and other sh011-tcrni highly lthquid invcstmcnls that arc rcadily coniertible to a known arnount of cash and are subject io an insignilicant risk of change in value. Ti'ade creditor% Trade creditors &re obligatioiis to pay for goods or services that have been acquired in die ordinary course of business from suppliers. Accounis payablc arc classified as current liabilities if the charilv doe8 nol have an llncoiidiiional righi, ai thc end of the reporting pLri()d. to defer %ettlLmLnt tsf the ¢redittsr for at le&t twelve Inonihs after ihe reporting daic. If thcrc Is an unconditional right io defer settlement for ai le&st twelve months after Ihe reporting dale, they are presented as non-Lurrent liabilities. "I'rade crcdiiors are recogniscd iniiially ai the tr2nsaciion price and subsequently nieasured at amortised cosi llsing the ¢ffe¢iive interest Ineihod. Page 28 Upbeat Coiiimunitie.s Notes to the Financial Statements for the l'ear Ended 31 March 2025 Borrowirtgs Intcrcst-bcaring borrowings are initially recordcd ai fair vallle. ncl of transaction costs. Tiilerest-bcaring borrowings are %ubsequenils' Ca￿led ai aniortised ci)st. with ihe diftereiice between the pr(i¥e¢ds. net of transaction cost5, and the 3rn0unt due on redemplio)n being rec()gni%ed as a Lharge l(> ihe Stal¢m¢nl of Financial Activities over the period of the T¢levant borTOWillg. Intei'e5t expense 15 recognised on the basis of the effective interest metliod and is included iii ititeresl payable and Similar charge5. Borrowings are ¢lassifi¢d as current liabilitieb unless the Lharity has an unconditional right to defer 5ettlctn¢nt of the liabilii}' for ai least Iwelvc nionths after the rcporting date. Fund structure lJnre%iricied Income funds are general funds thai are available for llse at the trllstees discTetion in furtherance of the objLciii'es ofthe group. Restric*d iiitome funds are those donated foi use in a particular area or for specific purposes, the use of which j5 restricted lo that area or purpose. Fith¥n¢i#l instruments CItts.fificalio l.inallcial assets and financial liabilities are recognised when the group becomes a party to thc contractual provisions of Ihe insirllmcnl. Financial liabilities and equity irtstrllments arc elassified aceording to the substartce of the eontractual arrangements entered into. An e4Ulty Instrument is any contract thai evidences 2 residual inierest In the assets of the group after dtducting all of its liabilittes. Re£'()gnillC)11 Urtdmeoiureme*i All financial a55ets aiid liabilities are initiklly measured ai ITaDsa¢tion price liiicluding tran8a¢tion costs), ex¢ept for thosc financial asscts classificd as ai fair i'alue tlirough profit or loss, Ivliicli are iniiiall), iiicasured at fair value {whi¢h is noi-mally the transaction price excluding transaitiort COStsl. unless the arraogement constitutes a financing transaction. If an arraiigemenl con5tiiutcs a financing transaction, the fijiancial assct or financial liabiliiy is measured ai the present valtje of the fvturc payments discounted at a markei rate of interest for a similar d¢bi Instrllment. Firtancial assets and Iiabililjes are only otrsei in die siaietiieni of fin2nLial position whert, and only when there exist% a legally enforcedble right to set oftthe ret()gni%ed ami)uni% and the gTri)up Iniend% either tl) 4L%tLle on a net ba515. or to Teali5e tlie asset and settle the liability 5iinultaneous1y. Financial asset5 are deirco8nised when and only wlien al the conti'actual right5 10 the cash flow5 from the financial a%set expire ar are %etiled. bl the gr()up Iran%fer% to another party %uh%iantially all ()f the risks and reward5 of owneTship of the financial asseL or ¢1 the gri)up. de.%piie having i¢iained some, but not all, signifi¢ant risks and rewards of ownership. has transferred control of the a55¢t to another party. Financial liabilities are d¢recogni5ed oDly ihe obligation spe¢ified in tli¢ taniratl is discharged, tarttelled or expires. Page 29 Vpbeat Communities Tr*ote5 to the Financial Siatement.s for the Year Ended 31 MdrLh 2025 Debt Insirumenis wliicli meet the following condititsns are subsequently measured at amortlsed cost using the effective Intercst mcthod.. lal The contractual re¢llm io the holder is lil a fixcd ainount,. lill a p0511ive fixed rate or a positive variable rate. or liiil a combination of a p0511ive or a negative fixed rate and a positive variable rate. Ibl The contract Tnay provide for repaytnctits of tlic principal or the return to the holder Ibui not both) io be linked to a single relevant observable index of ¥en¢ral piice tnflation of the currency in wliich th¢ Oebt inblruinertt Is denortiinaied, provided sucli link5 are not leveTaged. Icl The contract maj providc for a deterniinable variation of the return to the holdcr during Ihc lifc of (hc insirumenc pr()vided thai lil tlie new rale sat15fi¢s condition lal and the variation is noi contiiigent on future evcnts other than I I l a changc of a contractual N'ariablt rate,. 121 to prutell the holder againsi crcdit deterioration of tlie issuer,. 131 chang¢s in levies applied by a ccntral bank or arisi￿g frorn chan¥eb in relevani taxaiion or law., or lill tlie new rate is a niaTkei rate of inteTesi artd satisfies condiiioti {al. {dl There 15 no cuntraciual provisiotj th81 could, by its term5. Tesult in the linlder losing Ihe principal amount or any interest attributable to tlie current period or prior periods. {¢) Contractual provisions that permit ihc issuer lo prepay a debt instrurnent or peiJnii the holder lo pui it back to the is%uer before maiuriti. are not coniingcnt oil fiitiire cvents, other than t() proteci the halder against th¢ credit d¢leri(lrnlii)n of the Issuer or a chanoc in control of the i55y¢r, or to pruteLI the holder or issucr against changes in l¢vi¢s applied by a central bank or arising from changes in relevant taxation or law. Ifj Coiiiraciual provi510115 niay pemiit the cxicnsion of the terni of the debt instrument, pri)vidL'd that the return to the holder and aiiy other contractual provision% applicable during the cxtended term 5at15fy tlie condiliorts of paiagraphs lal to Icl. Debt ins￿MentS thai are classified a5 payable or receivable within one year on initial rccognition and which eet the aboN'e c(?nditions are measllred al Ilic undiscouiited amount of tlie cash or tsther ¢on%ider2lion expected to be paid or received, net of impairment. Witli Ilie exception of soiiie hedgiiig instruftients. other debt instrunients not rne¢tiDg these ¢ondttions are nieasured at fair value througli pr()fil or loss. Commitments to make and receive loan5 which Ineet the ¢ondition% mentioned above are measured at cost (which rnay be nil) less irnp(tirin¢DI. Inveslnients In non-convertible preference shairs and non-puttable ordinary or preference shares Iwhere sliares arc publicly traded or thLir IdiT ￿alUe ts reliably Ineasiii'ablel are rnea5ur¢d ai fail valuL' thi-ou¥h profil or loss. Wh¢r¢ laii- value Lartrtot be InLasuiLd reliably. investments are rneasured at c()%t less impaimient. Invcstmcnts in subsidiarics aIid a550ciates art me&8ured ai cost less iinpairment. For Investments in 5ub5idiaries acquired for cotisideration including th¢ 155ue of %hares qualifyisio for iiicrger relief, cost is mea5yred by refcrciice to the nominal value of the shaT¢S issued plus fair value of other consideration. .4ny premiurn is igiiored. Pag¢ 30 Upbeat Communities Notes to the Tr"inancial Statements for the l'ear Lllded 31 March 2025 3 IntDme from donations and leggries 2025 2024 Unre.stritted Restricted Total Total LVF.T Ukraine Project Gertcral Donations linc Gift Aid) Host Derby Derby l.aDgll2ge School Core I'.unding Grant Nottingham C.ItJ c.ouncil The Accojmrnodation INACCQMI 7,947 60.251 192 67.775 67,775 624 85,389 85.389 10,000 10,56S 10,568 Network 15,000 15,000 94,804 94,804 96,900 Duke of Devonshire 5,000 5,000 Hotnes for lJkraine I 1,0001 Abcllio L&st Midland5 2.500 30,000 30.000 2,500 Raihbone 30,000 30.000 Garfield Westoll Comniuniiy Action -rhe Anchor Foundation 10,400 6.000 16,400 5.000 13,000 5.000 C.Ity of Sanctuary ESOI. 5.1110 5,100 4,300 2,400 24.391 5.000 6.933 Linconshire Ukraine c.oordination Sisiers of Si Joseph of Peace Benefactor Trust 5,000 6.9_13 5.000 6,933 Archcr Tru51 1.000 1,000 2.000 Asda Foundation 400 lkigli Tru%t Maxiiiiu5 UK Service5 Limiied 2,000 2.000 3.081 1,500 3.081 Maurice & Hilda Laing Char&iabl¢ I'ru5t Haramead Trusi 5.OIK> 5.000 5,000 2.500 2,000 2.499 5,000 Derbyshire Comjniinity Foundation Toyoia Manufacturiiig UK EMR- Transport UK Last 2.-500 2,000 ?.499 'I'O'l'AI. 2Q2.5 982,996 120.177 401,173 3.11,437 TOI'PIL 2024 189.307 142,130 1_31.437 Pa8e31 Upbeat Coinmunities Notos to the Financial Statements for the Year F.nded 31 March 2025 4 Intome fr(bm ch#ritgbl¢ 2tlivities I,nrt.%li'iLtt Re5tritt¢d funds Total Total 2024 General l.'lass Fees .IIICOll5hire Refugjee Kesettlement Support Derbjshire Refugee Resettlement Support l)erby5hTre Lkraine 'undraising Room I lire- Si Chads Suiidr). Income 2?6.204 226.204 174,278 333,185 333,185 135.280 71,465 70,59.3 48 1,600 1,447 71,465 70,593 48 1,600 1,707 128.491 109,317 1,600 485 260 704,542 260 704,802 549,451 £704.-542 12024.. £549.4511 of income frotn chaT5tabl¢ activities is urtrestricted and £260 (2024-. £nill Is restrictcd. S Investment income Ilnrestricted Ttstal 202.5 General 2024 Interest receivablc and similar income., Interest receivable on bank dep051ts 1.480 1,480 1,201 £1,48012024.. £1,201) of invcslmeni income is unrcstricted. 6 Expendiiure on r2ksing funds a} Costs of generatin2 donations and legacie5 [Ithrestricttd funds Ceneral Total 202.fj Tot41 2024 Note Other direct costs of generattng voluntary income 1,210 17,587 £1,21012024.. £17,587) of c(1.518 of generaiing dtsnations and lagaties is unrLStricied. Page 32 Ui)beat Conimunities Note5 to the Financial.Statemellt8 for the Year Ended 31 March 2025 bl c.osts of ¢r*ding J)ctivities l.'nrestricted funds General Total 202S Tot81 2024 Trading subsidiary costs -394,631 394.631 ?42,951 -394.611 -794,631 ?42,951 £394.631 {2024.. £242,951 l of costs of trading activities wa5 unrestricted. cl Other costs of generating don81ion8 #thd leg#ties I'nrestricted fuiids Cjeneral 'I'oixl 2025 Tvtal 2024 Note Taxation paid by trading subsidiary 226 226 7 F.Iptnditure tharitablt Mctivities L1nrestricted fund General Restricted funds l-otal 202.5 I'otal 2024 C.artsultancy Labollr Volunl¢er5' F.xpenses Siaff Costs Staff Recruitnient Costs Marketing & PR I'utoring Rent & lJtiliiies lousing & Panicipanis, Expense5 Project Costs IT Project Costs Trdvel & Subsistetjce Teaching Maicrials Wellbeing Support Ctssts -34.0.38 42 472.053 12.027 34,038 97_3 30.531 988 931 578,168 12,027 4.4?3 134,566 28,726 16,071 7.850 17,016 20.323 39 5.010 123.130 420,100 4,733 3.877 l iS.865 27,628 7,202 6.919 16,598 11,324 1,738 i.912 79.338 468 878 1_33.688 28.726 14.973 4.669 15,466 1,098 1.550 86 39 5.010 121,672 1.458 806.59) 115,765 982,360 750,753 Page .1.3 Upbeat Communities Notes to the Financial.Statements for the Year F.nded 31 March 2025 £866.59512024.. 583,761 l of eXpendIn￿e on charitable activities unrestricted artd £115,765 12024.. 166,99?) was restricted. In addilion ¢0 the expenditure analysed above, there are also gov¢man¢¢ costs 01£9.985 {2024 - £8,5?01 which Telate directly to charitable activities. See note 8 for further details. 8 .4Th#lysi_% of go￿trna￿et #nd suppor¢ ¢0Sts c.haritable xttlVllie% txptnditurt Ilnre&trirted fund5 GenerAI Rc.5tricted fun(ts Total 2025 2024 Bgsis of Allocation General Premises Maintenance 83 io 93 47 Insuran¢e Stalinncry. Pholocopi¢T. priiiling and OtTice Cost5 OtTice l.'quiprnenl and I'l. Cu5Ls Training Telephone. ￿lObile and Broadband Gifts & Hospitality Bank Charges and Bank Interest Accoiinting and Pa}'roll Profes5ioiial Fee5 Deprccialion Refi'cshments Rad debts Govcmance costs 5.715 5.715 428 1.259 1.259 34,395 10,076 238 34,6_33 10.076 11.370 8.89) 3,370 1,195 3,370 .671 2,733 1.271 476 4,003 35.030 6,772 2,080 5,68Q 1901 36,340 R6,340 2,877 5,704 2,877 6.438 734 1,585 1,585 121,672 1,4.)8 123,130 (bf Hll(bcation R¢ftrtthtt Nltthod nf #llot*iion I OO'/o of Vosts £121.67212024.. £76,847) of support costs were attributable io unrestricted fund5 and £1.458 {2024.. 2,491) to resiritted fllttds. Pab)c 34 Ilplieat c.ommunities Notes to the Financial StAtLments for the Yoar Ended 31 Mareh 2025 Governance costs Ilnre.%lritted fund5 General Total 202.5 Totxl 2024 Audit fees Audit tsf the financial statements Other fe¢5 paid ¢0 auditors Other govemance cvsLS 5.080 2,7?0 5,680 2,720 1,585 5.760 2,760 9,985 8,520 £9.985 {2024.. £8.5201 of goveimance costs are unrestricted. 9 Wet inco¥DinglvutxoinR resolkrces Net inconiiiig re%()urccs tor ilic year include.. 2024 Operating l¢ases- other assets Audit fees Othcr non-audit Services D¢pre¢iation of fixed asscts ?4.987 5.680 5.520 2.878 24,000 4.800 5,860 2,080 10 Trusttes remuneration expen5e5 During the year the group made the following trans4Ctiorts with trustees.. David Priestle}. £712024. £Sill of expcnscs were rcirnbursed to David Pi'iesiley during the year. l-hcsL cxpciises related lo travel costs incllrrcd on the course olcharity business. Ilijal Dgtra £17712024.. £Nill of expenses were reimbursed ta Bijal Datia during the year. These ¢xp¢n5¢5 T¢laied to travel costs incurred on the course of Charity business. No trustees, nor any persons coDne¢ied with them, liave receivcd any remuiieration from the group during the year. No tru5t¢es have received any oihei. benefits fi-oin the charily durjng ihc year. t)onaiions made by the trustees without any ¢onditions ait2ched totallcd £350 for the yeaT (2024- £2001. Page 35 Upbeat Conimunities Notes to the Financial Statements for the Year Ended 31 March 2025 I I S¢#ff ¢05t$ ThL aggreuate payroll costs were as follows.. 202.5 2024 Staff eosts during the ytar were: Wagcs and sdltiries Social security costs Penston costs 841,813 60,754 37,431 576.117 34,944 25,004 939,998 636,065 Thc iiionihly average rtuinber of per%on% {including Senior manageinent team) eimployed by tlie group dllrittg tlie year exprcsscd as full time equivalent% was &% f()Il¢)w%". Gruup Charity 2024 2024 Staff employed 54 44 54 44 21 18 38120?4- ?51 of ilie above eniployees participated irt tlie Defin¢d C.ontributioD Pcn5ion Sclicrncs. No employee TeceTved emolunients ofnioTe than £60,000 during the year. Thc total cmpl()s'ee henefits ofthe key managernent personnel of the group were £63.71712024- £51,270). 12 Auditors, remuneration 2024 Audit of Ilie financial siaiements 5,680 4,800 Other fees to auditors All oihcr non-alldii services 5,520 5,860 Page 36 Upbeat Commuiiities Notes to the Financial Statements for the Yc2r F.ndcd 31 March 2025 13 1'angible fixed a55etS Group Furniture and equipment Total Cost At l April 2024 Addition5 13,935 4,511 13,935 4,511 At 31 March 2025 18,446 18,446 Depreei#tio At l April 2024 Charge for the year 9.285 2,878 9.285 2,878 At 31 March 2025 12,163 12,163 Net book value At 31 March 2025 6,?83 At 31 March 2024 4,650 4,650 Page 37 Upbeat Coiiimunities P*ote.8 to the Financial Statements for the l'ear F.nded 31 March 2025 Charity Furniture gnd equipnient Total Cos¢ At I ,Ipril ?024 Addtiion% 13.935 13.935 At.3 l MarLh 2025 18.446 18,446 Dei)reci*iion At I ,Ipril ?0?4 Cliarge for the year 9.285 2,878 9,285 2,878 Ai 31 March 2025 12,163 12,163 Net h(buk valut At 31 March 2025 6,283 6,283 At 31 Mairh 2024 4,650 4,650 14 Fixed assei investments Charity Details of undertakings Details of the investrnents in which the tharity holds 200/0 or more of the nominal value of any class of share capital are as follows.. C."ountry of incorpora¢ioD Proportion of i'otiug righ¢$ Prithcipal gnd %h8res held actÈTritv Ilndertaking Iltslding 2024 Subsidiary ulldertakings lJpbeat Fnierprises Ltd Bridge House Riverside C'oun, Pridc l)crk, Derby, DL24 811Y Provision of cleaiiin¥ ervices England artd Wales Ordinary I OOQ/o IOO°/¢ Pa¥e 38 UpbeAt Communities Notes to the Financial Statements for the l'ear F.nded 31 March 2025 SubSLdiarte5 Th¢ profit for the financial period of Upbeat F.nt¢Tpfi5es l.td was £l.108 12024 - £122411 and the aggregare amount of capital and reserves at the end of the period was £13612024- £197211. IS Debtor5 Group Charity 2024 2024 Trade debtors Due from group undertaking5 Prepayments Oth¢r debturs 175.179 1.39.813 86,610 51,251 4,710 67,497 5,-7.56 3,958 9,481 3,958 7,20.3 30,162 188,618 177,218 190,643 172,733 16 Cash 2nd ¢9sh equivglenis Group Charity 2025 2024 2025 2024 c.ash on hand Cash at bank Short-term deposits 208 ?69 184,1)87 76,539 208 -139.206 8,017 269 379,847 8,017 76,539 188.07? 261.795 -?47,431 ?30,919 17 Creditor5.' amOUllt.4 falling due ￿lth1O (bne yc#r Group Charity 2025 2024 202.5 2024 Bank loans Trade ercditors TT2dinby subsid12ry t()￿OratIOn payable Other taxation atjd social securiry V AT payable Othcr creditors 7,962 33,-589 7.748 7,962 29,599 7,748 32,916 22(1 15,642 20,815 6,598 19,215 50,805 8.559 17.598 4,709 17.125 -11.990 14,477 7,216 4,970 16,414 42,949 3,495 10,493 31,990 Accruals Deferred incoine 154,85? 130.212 93,858 Pa8e 39 Upbeat Communities Notes to the Financial Statements for the Year Tr"nded 31 March 2025 Deferred incorne 2024 Group D¢ferred Income ai l April 2024 Re50urce5 deferyed in Ilie period Amounts released frotn previous periods 131,9901 150,8051 139,938) 131,9901 39,918 Defcrred income at year end 150,8051 131,9901 2025 2024 Chgrity Dcfcrrcd income al l April 20?4 Resources deferred in the period Arnount5 rele&sed fr()m previous periods 131,9901 14?,9491 31,990 139,9381 131,9901 39.938 Deferred irtc()me ai year end 142.9491 1.31.9901 18 C.rcditlbf4.' f211irtg due afier one yeAr Group ChArity 2024 2024 Bank loans 12.666 21,343 12.666 21.343 19 Obligat10115 under leJ)sts hire p￿rth￿se contracts Operating lea5C COmlllltmenl$ I'oial future min2mum lease payments under non-can¢ellable operaiing Icascs are &s follows.. Group ChJ)rity 2024 2024 l•avd ind ljuildings Within one year 22,000 PagL 40 Upbeat Communities Notes tn thc Financial Statcmcnts for the Year F.nded 31 Mareh 2025 20 Fund5 Group B#lanc¢ ¥¢ I April 2024 Rc.5vurce5 eipended Bu1￿￿Ce at 31 March 2025 resources Unrestricted funds GeAÉrKJI Cierteral tunds 219,821 1.381,317 (1,262.662) 338.476 De.giKnaled Desigiiated fi]nds 60,000 6Q.000 Tot*1 unre%tricted fund% 279,8?1 I,i81,317 11.262.662) J98.476 Restritted fllnd_% City Sdn¢luarJ 331 5.100 13.1701 18881 13,2961 194.8041 112.0001 11,6071 2.261 1,253 1.991 I IOSl' Derby I'hriving Places Upbeat Youth Maximus 3.8_35 11,452 94,804 6.000 3.081 6.000 1.474 Total resiricied funds 12.307 120,4.37 16,979 Tot41 (unds 292.1)8 1,501.754 I l.i78.4271 415.455 Pa8c41 Upbeat Coinmunities Notes to the &'inanciAI Statements for ihe Year Ended 31 March 202$ Group Prior Period Balance at I .4pril 2023 Incoming r¢.%(>urtes Re50urees e¥pended Balance at 31 March 2024 Unrestricted fund5 Geiierul CJencral fijnds 97,975 966,145 1844,2991 219,821 De51Rllated Dcsignated funds 60,000 60,000 Tottl unrestricted fund5 157,975 966,145 {844,2991 279,821 Restricted funds Cit) Sanctuary l)uk'e of Devonshire Fund 4,300 13.9691 15,0001 17861 15,4851 5,000 527 9.128 2,400 192 2.141 3,835 HOST- Derby l.incoln.4hire lJkiaine Coordinatio L VLI- Ukraitie Project Tliriving Places WLILviii¢ Bvxrs lJpbe21 Yollih 24,391 7,947 96,900 124,3911 114,1701 197,i531 115.6381 6,223 15.6i8 6.000 6,000 Totgl restricted funds -37.169 14? 130 1166.9921 12.307 Tolgl lunds 195.144 108.275 292,128 Page 42 Upbeat Communities Notes to the Financial Statements for the Year Encled 31 March 2025 C.h#rity BalaTrccat I April 2024 Resources cxpended B2lance at 31 l#rth 2025 resource5 iinrestricted fu¥td5 General Gerter￿ fijnds 220.794 989,018 338,341 Designated Funds 60,000 60.000 Totgl unrestricted fund5 280.794 989,018 1871,4711 i98,J41 Restricted funds Q'it). of SanLIuJry 331 5.100 13,1701 18881 1.1,2961 194.8041 112.0001 11,6071 2,261 ESOI. Iios'r- DeTh I'liriving Places lJpbea¢ Youth Maxitnus 3.835 1 1.452 94,804 6,000 -7,081 6.0(K> 1.474 Totgl resiricted funds 12.307 120,437 {115.7651 16,979 Totml funds 29i.101 1,109,455 1987.236 415.320 Page 43 Upbeat c.ommunities Notes to the Findncial Statements for the l'ear Ended 31 March 2025 Chariiy Prior Period #t I April 2023 Ineoyning rcsource5 Resources espended Balance at 31 P¥larch 2024 lJnre$tritted furtds GeNL'rol Cieneral funds 98,724 739,959 1617.8891 220.794 DÉ.ii¥iiuled D¢5ignated Fund5 60,QOO 60.000 TotAI unrestricttd funds 158,724 739.959 1617.8891 280,794 Rcstricted funds City of Sanctuary Duke of Devonshire Fund b.SC)L 4.300 {3.9691 {5,OOQI 17861 15,4851 331 5.000 527 2,400 192 2.141 3,835 IIOST- Derby 9,128 ( i)ordinaiion LVET lJkrairte Project Thriving Places Welc