ChartynumÈer'. 1163658 E55ex &GWs (bS C.l.O. Trusteeg rewJrtand finandalsaterwts fortheJ*ar ended 31 Derrer2025
Essex BS & GMS aubs C.l.O. Contents Pa8e charItyReferen andAdminlrate Detalls Tru5Eeeg Report IndependentAudiio¢s Report Siatementof Financial Attiviti Balènce Sheet Ststementof Cashflo¥ys Nore5to the Finanaal AccDunts 16-26
Essex Ws&Glr150ub5C.I.O. rity Re[erenceandArnlntstre Dwo115 Forthe>*ar ended31 DeMber20z5 ChartyInfoWOTh Ch3nwReg15tration Number 1163658 Trv5tee5' l.P. Oougla>Hvghe5 OBE DL MI tWrMBE P. DTummond D. SpnnEett G. MiddletD l. Roger5 DL R.C. 1115 MBE Ire51gned 16 May20251 Principal place DfbUsine'. Hanvay House Reciory L3ne Chelrrsford Essex Cfvll 1RQ Audi¢W". hiTr¥s CharEwed Accouniant5 Nonhside House Cockfoster5 Parade Barnei EN4 9EB Gepps 5oliCltors 5 Springfield Lyon5 Approi Chelmsford E55ex CM2 5LB Bankers.. CAF Bank lfft1d. 25 Hill Avenuè we Klalling Kent ME194JQ Uoyd$ Bank pk Hi8h 5tieet Chelmsford E55ex CM1 1DU CCLA Invesimeni ManèEemwi Senator House 85 Queen Wctoria Srreer Lonoon EC4V4BT NatWeM Bank plc Chelmsford Branch S High Street Chelmsford Essex Cfvll 1FZ P3ge 1
Essex Glr&ClubsC.I.O. Re8red ChartyNo. 1163658 TN#ee5Report The Tru5tee5 herebyprerentthe finaficial siatements of the Essex Boys & Girls'ClJbs for the year ended 31 December 202S. The financi sioiemen15 he been prepafed using3pplicable accoun11ng standards consisrentwiih pre4ryOUS year5 alld in accordance Wilh Ihe recomfflendatl0ll50f Ststementol Recommended Praaice (Accouniing ryycharitlesl. ConsiJbJtyDll object Essex Boy5& Gir15 Clubs founded In 1936. wo5 lormerlyknown as The E5sexAssotyaiion of Boys, cbS Pfior 10 2009. With effettfrom I "January 2016. irafjsferred its 355ets Inio a charilatiinCorpora[ed oigan15ation. The8ener¥l objE(crS of che charityare LO further the dwelopment and education of boys afidyoun8 ffjen and 8id5 andyoungwomen. primari bul noi exclusNety in a single gendèr setiingso ès 10 helpth achieve iheir phy&cèl. menialond spiritual poiential enabling Ihem iogrowto full maiurityas indroidu31s and members of sociecy. and for rhis wrposèto.. Encouragethe lormatlon of new clubs forycung people and renderaSsI5tan and gldanCe to ex151ing clubs. Pru¥ide a compreheThsNe programme Df adventurous sportin& and creatweactivilie5 10 bringyoung peoplerogeiher 10 apwecrdre. and develop their person315115. To offeropportvniiies forwng people to benefit Irolr behaviour &x3minatson and modifying practical life ski115-b35ed Experiences and education 10 help them enhance Iheif5elf-esreem ond personal a(h1MentS PIDmOte afi iTriEre5t In bo55 and gir15work. by maintainin8COntacLwih othEr bodie& 51atutoryalldvDluntary, Interesied In the ¥weare of young peDple Promote ctroperètion between atfiliated club5 fDr their fflutual LnerLand fostef their contactwith ihe naiional body. Raisefund5 forthe furtherance oftheobjects ofthechafity We have referre¢ to Ihe 8vYance In theCharityCommi5sions generolEuidanceon public benefit vthen reviewing31[5 and obiettive5and In Ihe pkinning of IuiJfeaciNllle5. In partl<vkir, rhe trusieescoisider how planneo a([rrieSWlll coniributèto the aims and oblett5 they have set. Or8ani*lDn and Trustee5 ThE organisation employs a Thurnberof lull iirne and part-time 5tsff EO deliver rt55ervices headed bya County Direcror. The trusieesèrè Èlected by the memr5 attheAGM The chr(Onstab of Essex and the Bishop of Chelmsford are each eniilled ioappoint one comMtte2 metnber. The trusteeswho Served during ihe year are15ted the LegalandAdminlsirae details. The orsanisalion keeps uryderconstant reviewsthede51rability of 5trefj8theningthe5ki115 and expenenceofits board oftrusiees by further cruiErnent. Newtyappointed trUee5 are Iikelyio ttave experience ofYvor4ingwith young people an(t recewe Indvttion Iraininganowrillen Reli Part Essex eoys & Girls Clubs is a founder m&mr of the Nèiional SOcIatIon of 8oys & Gir15 Clubs organi5aiion forrned 10 promote inter-county Certain trustees have influential roles thIn ollied charities as Oiscbsed in Note 15to ihe accounts. Page2
t44 oftheyear Attwes PèrfomiaKe A more detailed reviewof Essex Boys & &rls ClUbsactbvit5aod ouitomes is published separaiebj In theknnual REwew. a printed report 3ciompanyin8these accounts. The charity has historical delwered and expects to continue to deliver S objèttives in a number ofways-. K4emberClub support proBramme-Trained Club supporr officers regularViSit all affiliaiedyouth clubs durin8 operational periods ro adwse and as51St with const11Utional. regulatDryand governanceguidance promDte opportuni(IEs foryoung mefflbe EO partlClP3te In the organisatson allNityprogrammes. Gettingyoung people 5ndv0Éeers back inio club5 remains aviial part of Ihis Chariws afflbitions Atri¥i¢ies and Events pr0gramme-Avde range of adventurous, sportlD8 apd 3rt>bèsed attwikie5 are st3geO regularfy to encourage team spir cofflpetitive fair pYand creaiive skills In the young people participaiins and their leadèrs. The are delwered locally, counryvéide. and In concert Wllh Oiher county-basedsoulh organi110% regionaland nationalky. Aporuofj of the programmè Is (le1ered at the OrganisatlOn'5 Own outdoor a(tivityceDtrÈs èi 18h Rowin Cumbria. Maes-y-lade In Povrys 3nd Layer M3rnEyOurdoors in Esse Education and fr3iDins- Prosrèmmes coniinuolly in ttBnd, many Indwidualty funded. Include leadership. fiCSI aid Cnild proiecrion and dr8 aw4renes5 courses for club leadef5 and fflembÈrs. acrwryqualificaiions IDfstaff an(lyouih workers appreniiceyourh worker Ir3inin8 schemes and"Respecf. Ihe chartys fla¥hip Initiative Yihich over mon.yyear5 ha5 proven io be ap excepEIDnally successful hfe skillsènd behawour appreciaiion and fflodifyingexperience benefiDng m3nyhUndrS olyoung people The flespett prosramme continuès 10 aiiractgood funding and continues to deliververy posrtNe bÈnerSt0 those participaiing Okrtcomes forYtyJn8 People In 2025 2025 w35 another¥featyearof drrferyror Esse% and GirlsClub5 IE8GCI.wÈtonrinue 10 prowde a ranse of excillTr8new and longstanding ac<iviiies prograrnmes and opportU?iiS foryoung people across Essex and London We contsnue to supporr new ènd exisiinEvolun¥ary Erassrooi organisatlOll5to provideth.e best possible programme for their dub members.. this iniludes sanin& residentièls acrwities eventsano competiTiOnS. We are exciied to announce thatthisyear we becomean NOCN resisieredtraining cenrre meaning we can deliver Ofqual.regu13ted qualification5 that are universally recosnised. These skills are no¢onlyvaable foryouih work buiarètransferable to manyotherareas ol life and future employmeni opportunities Ourtrainin8èlso aims 10 addres5the challenge of ihe shorrfall of Qualified youth workers. ty equippingyoung rEople wilh the 5killsand coqfidence tD becomevolunieers and eVeTriJaI p31dyouth workers Intheircommunities alongside Iraining existin8 adultvokjnteersin naOnallY rÈcogn1seoyourh¥vorkqJalific3110ns. We a150 recognise Ihatnoi Vierywng person wi11wafiito pursue youth worl. because of rhis. our Sports and Art5 Developrnentofficers offer tsilored troining and actsvities based on youn8 people'5 tEreStS Incoing5p0rtr participatson. perfoimiD8art& and iommuntyengagemeni. club programme helpsyoung peo&e explore ineir passiws and proe5 opportuniiie5 for ihetD to build ihe skills needed EO pursue them. In 2025 oursports prvEramme rern3ined 5trongwith 51 Y(ne people represeniing EBGC In the representstfft crickeLsquads and 21 youn8 people Inthe repre5eniative fooiball squad. Boih these opporrunities provide young peoplethe chance tts plaY31n$t prestigi$ schoo colle8es and clubs. representing their Ilub and CDUnty and build new skills Iiiendships ihrou8hout theiriourney. From our 159 èffiliaied clubs we had 230 young[Ople enter the Nètional Boying Champion5hip5Wlth 16goingon to be national champ10Tr5 We ho*ed;be Naiional Amareur Boxing Champion5biplM48CI Cla55 D fina15 asa dinnèrshow ai Braxted Park¥vhere the evenins was 5PPfiteniwing a 3<ourse dinner3nd waichingthe cla55 D bouts. With B8C Essex ciwering the eveni and formerworld boxing championslohn Conieh ard Colln Mcmilkin who boih catnethroush the movement maknngthe eveningoneto remember for all those in attendance. In earb/2026 we delered Boxsmart projecis foryoJng people In Cokhe51er funded byEheA(live E55ex Foundation and delivered In parinership wilh kconds Out Gym,young people reCed 3 12-week projert thaidveloped boxinsafid prowdEd mentoringtotheyoun8 people. We are l¢oknnE 10 expand thi5 Offer 10 5UPPOrt rnoreyoung peopleacrossthe county- Our aalty¢10sraMmewh1Ch was attended byover 1800youfjg people In 2025 conrinues to offieryoungpeopLe a de sectIon of actiWEies from dodgeoall. ro whiTe warer ra(tinE.tothe Greai EBGC bake off. there Is sometryingfor everyone. Our arts programme scontinuingio grové,- wewere luikyto recETrrtfundingthai enabled usto del{Arts4AlI In uttlesFofd. This projÈcE Èxplored treativity. menral wellbeing. differenr art mediums and lebraed thèyoungpeoples iniagination. 24youn8people took p3rt ITr this prograrnm& which ended wrth a celebration eventaod a pop-upg3lletyshowcasingoll theirworl some oftheyoung people a150 receed an Expressivelrt ASDAN short course. Page3
We contsnue io rÈviewthe 3cces51bility of our events for club members compeiicv)ns suth a5the photogr4phyciNnpetition. Christm3s card
cornpei-:tion. Virtual galleryand talent week prleS our club membefshipthe chaace io get InVod Without hwnE 10 rravel across ihe county.
ThE5e events Pfove popubi Wrth 87 eniries inro Ene Chrisimèscard compe10 and 109 entnes from 12 affiliaied dub5entering Into Ihe
mpkin caPng compeirtion
E¥enis ai Layer M3rntyOuidoor5 tontinDe to be popularwith the nBht exerc15e aiiracring 36youDg people, 4nd 30yoJng people taking pèrE in
the watefA(tWW Day.
Re51dential opponunities rem¥iTr a core part of ourwofk.and In 2025 included thp Jack Peiihey Foundation Resi¢entia& which allowed472 young
people Iovisic either aeS Y Lade or High Row on è S-day3dveniure. Additionalty. ourYoun8 Leaderand Art5 Residential continue to provide
We welcomed 22 differentgroup5to High Row th15ye4rwhich Included a club leaders weekend whore èffilpaied clubwlunEeers had Ihe
opportUnllylQ Vi51tthe centre. take p3rt In some af the acrMEie5 and experience thewonderful bEnefiE5 Of oui ceDtre.
ae5y Lade coniinues io advocate for spend1ng lime In WI plac¥, developing Ih05e lJndamencal life skills young pÈople's menial ne3kh and
improving Eheir rE5ilienie, all ofwhich areiust as lia1 now as when we opened the cenire In Wal&$ 12 years ago-. outdoors ha5 beena ce
pari of the EBGC prosramffle 5ifiie we Yéere established ana Set up In 1939
Celebraiins youns peopie and their aChvernents 15 Important to EBGC. In 2025we celebraied 21 amazingyoung people atour annual award
cÈrEmofjywhich celebraied iheir aihievement5 acros5the following cate8one% The Respect Projecr. cbyoung Leaders EBGC Young Leaders,
Arts, Sports. Personal Achievement TheTalentWeekWinner ani5 ClubAchievemeni.
Recogn18 loThgserwces Is also crucial TO ui eath yearai ovrannual general meeting & dinner we telÈbrÈte the achievement5 of [b volunreer5
for Eheir Ivllg seThice ty preseniing keystone awards Ar the 2025 eveni.we presented B award5 of 10 year5 Dr longer inclDding I Presidents
Award celebratin8 50 year5 ofvoluniary seNice awarded to Pete Drummond forthis voluntsry ser4Aceto Chelmsford 8oy5and Gir15 Clubs and
Essex 8oy5 and Gi115 Club5.
OurvTEAM playan Iniesral role ID 5UPPOrtln8our a(rNitie5and eveDts.th15yearth¥ have assisieo aciivity Insi*ucrors ai the Essex AdntUre
Weekend presented artheyourh voice Day. ioken port In youih IisteniThgquÈsiionnaire5. 5UPPOrted the deliveryof Respecr Proiew and been
overallamazinE.
Youth voice 15 central io our approaih We 3re commiiied 10 Ire£ting safe spaceswhereyoung people feel empowered to share theirviesY5 and
ableto influence dec10 rnakin& We attIV Inv0b rhem In programme d1gTh. evalvèiion, and leade
2025 ha5 been a buwyeaf filled with remarkable achievemen. we look 3head to 2026.we remain cornmittedto offEring nts aardttes, and trainin8 OPPOrtufiilies for 311 Ouf a(filiated club5 and members Our succe55 would Doi bè possible wrthout the supportof our club neork and partfjer Df8anisèiions. We ale Jeepbjgraietul ID all ouraffiliated club% dub le3ders.volunteer& young people, funder% and MerS fortheirunwaverh8 SUPPOrt In m3king our program5 posyble. HerE IS to another svcce55ful year. Contrfwtknn fromVdun¢e¢rs volunteer5 ptsya wtal role In 5upportingthe work of EBGC and are centralto the delery0f its atttvities Ènd se1¢. Without rheir support, a sDbstaThtial proportion of ihe chari¥S ac[itIeS and 5eTvice5 could not be delivered Theiharity benèfits from Ihe commitmen[ ski115 and experience of volufjteers acrossa range of role% enablins E8GC ro achieve Its charitable Dbiettives more effertelY and eff41ciently Ouringthè reporting period. EBGC wa5 5upporLed by3pproximately 150 voluntEer% fanging in 3ge from 14to 80 year5 old.Th15 broad age range refle rhe Inclus n31ure of the charity5volunreefing opportuDitie5 and thÈ dwerse perspeciives and skills thaivolufiteer5 brirtgto rhe OrganitIOn. These Ind131$ iontriDUted iheif Eimèorn 3 regJLar b3515 throu8houl ihe year, providin8supporithatwould otherwise need to be funded Thrwgh paid staff or e¥tern31 sMces Volunteers 5UPPOrt EBGC in a variety ofw, including coachin8 or attNity delivery. eventsuppori. 5JPPOrton residentials admin15traiion. drriin8.8ovemance and moinrenance. The TraturE ofthese folesvaries from hand5-oD deliveryof acrwiliesto behind-Ihe-scene5 5UPPOrtthat enable5 semces 10 operaie sa'ePyand smooth Where praculab. the charityestimaEesthatvolunteers CDnLributed appro%imatebJ6,200 hoursduringthÈ year. This conrribution represents a significant level of suppoo ro EBGCS operatlons Whilethe valuè ofvolvrnieer lime IS noirecDslli5ed in thesiotement Of financial actlVitie5 In aicordafiie with ihe Chariiies SORP, tru5tee5 recognise ihaithe conirlbuiion of voluDteer5 15 essential 10 The chartys abilityla deliver its aCtltIeS and provide bènefii to beneficiarie5 The Irusie v•sh to record theirsiniere thafiks ioallvolunieers for theirtiffle. iommitmeniand ongoingsJppon. Rnènckal eW Total Income reCed In 2025 at £1.171.594 fell over 2246 compared to 2024. This significarnr feduttion Is largelyexplaifjed by ihe conclusion ol sJbstsntial proiecE& nded difettlyand indirecity by centr31governmenL com1ng 10 a naIrA1 conclusion and noi bein8 renewed or replaced. A similarsiluaitgn ex.5tedwith biieryfiJDded proietts These proie(ts were oeliv&red from resiritted fund5. ApplKatlOfis a"e In hand aimed 31 redressingrh15 In 2026, but In theye3r under rwiew Ihe CharItyh had to fall backon lis ample Cofe reseeSt0 fund iisgeneral aCfMrÈswhl&t ILfocuses on hov4 rt rnighi expand ts ififluence fuiure year5 Toial expenditure at £1,314.629 fell bysotne 13% largePg due tothe outgoin85 relaDDsto projects and actiDeS coniluding in theyearfalliDsaw8y. HtyNever. core actltIeS continued to be delere tysiaff previousky35Sl8fjed and funded tythe conclud4Dg proiects mentkon2d abDve. Some trimmingofc05ts natUrally0k plè£e ro balaTh¢e resources to demands, buE oll unresiricted fund aCti1t1e5 Contillued to be delprett a5 Indicated Ihe actitrities and achièvemertcs section ofth15 report. The performance of thechèr.tys bng term COIF Charity Fund Invesimentstyer the sear syas disappointing and sawvaluaiions lam by E37.035 an nre31ised redullioD of some 1 95% ai a time when cofflparator investment markets returned 10.97%. Annualised reiurns OVerte pa5tthree yearg are repDrted a5 S.0% which are marE',nalybetter ihaD ihÈ similar average of 4.63% earned on shon ierm cash deposits. Thts ygnlficant underperfofrnafiie Is being challenged bytheTiustees In me newyear. The reLmovement offvrnds shown on the StatementofFin3ncial ActivItS indicatethe excent 10 which the Charty has expanded or reduced its attwiiies In financial term5 2025 53w funds earmarked for restrlcted proiett5 and èttiv'cies fall back by £288,049 01 sorne 58% over the arf0r the rÈ3soDs explained abe. However. projEC ènd ocriwl'.esfunded ty IncoTre designated 10 pay for these rose byÉ190.338 overthEye3r compensoring foralrn05t $4% of ihe sbrink88e in re5tflCted Inded aciiyiiies. Ttye nei effect of Ihis a modesE drain on core unr*Tficied fJn¢s of £35,272 before adding the unre3lised loss on Invesrments. In a yearwher&fundraisingfrom new Sources seneralkyremèined challenginE.thi4 OUTcome was boih affOrdae did noipre5enE any lorrn of"checVon this charif/5 pur5Ult ofits objettwe5. In summary, restricted reserves [1 £288.049to £354073 representing project deliverycDSts carried lorward to fulureyears designated reser5 increased £190.338 to £1.770.974 representingsum5 rinsfertced to both deliver funded acrwiliesand provlyonsfor corytingencie5 and safegu3rdingoffulure Nnancial security. UDrestricred general fund5 reduced by £82,359 TO £1.415.860. ofwhich Some £763.764 is represented tangibfe fixed assers athisiofical COSL Toial netassetsfell from £3.720,976 attheyear start ro £3.540,906 ofwhith £2.777.142 É net cJrreni aetSand Investments. P38e 5
Prforyear rqennt During the annual audil process. a ttlstorlcal Misclassificati was Identified regardingthe capltal funding receid from Robln MorEan. Historically. Ih15 assei véas recordettwitbin Resiricred Funds on the faie of the Balance 5heec Folk)winÈ a rewew. the Truste have dete¢miDe Ihai Ihese funds CDn5Eltuie an Endowment fund. To correttthis material cla551fii3iion error. a prioryear adju51meni has bew Tnade A5a fe5uIt. £79.973 has been reda55ified from Restrlcied Fundsto Efjdowmeni Fund5Wlthin ihe openillg fund balances. The prioryear cotnparative fgures on the Balance Sheet and StatemeThiof Fipancial ACElWtIE5 have been restated aiiordingly.This correcDon affec fund prèseniation only and has no Impact on the overall neLa55ei positiofi, hisiorical c35h flow& ortotal charityfundsavailable. Further deiaiLs are prtmded in Note 17 to Ihe finaficial $temen[S. Resewand GoIng(eM StrateOes Unrestriaed General Reserves nei of tsngibie rEd assetsamountto £651096. This represenrs approximaiely13 moTrths of unrestricted 8eiEril fund outlays and iswithin an accepcable margin of the 124nonth Core reseroe pollojser trusiees. These liquid resources togther7:h unrrricted des18nated reserve& the trusiees belie. adequate proiect the charity Irom 1 known potential liabilities, acr 10 preseNe Ils essential kniywAedge ba5E. fund known iolltingence5. and ensure that the organ15aon can continueto delp( IEScharitable objectives even In tlme50f economlc uncerrainty. forrhe foreseeable future IL bell5 that byreasofj Df this wudent policy It can assureall presenc and furure benefattors thattheir Investment n Ihe Charivs abilityto dev and execute prograrnsdesgned 10 benefityOUn8 peoplèwithin its sphere of operations Veryell pce. Prfndpal FundIngsrceS Voluntsry income from donations and grants fell from El,055,127 In 2024 ro E523,607 In 2025. Th15 reduttian can primarilybe attributed io funding eanating frDm government departments 5ponsoringyovih work. Specifically, theyouth Inyestmellt Fund which coniribuied £224.762 in 2024. promded £36.529 in 2025 a5 a three-year project conduded andwas not replaced. Ttte NC5 Scheme. which had been verywell receiveo by its p311icipaiors ID the Dax wa5 d15contsnued andErant5 from local aurhorilies 1¢ ddr¢er iTnportaDi attitrities and proje[ such a5 b.olidayèttivrties rh food reduced bjover £60,0. On the otherhand, funding from Essex Countycouncil increased bya1rn05t É70.000. With a new 8tsvÈmrneDtrecefitlyeleaed Itwa5antiCipated that policyreviews would tske pkce and ih3t It might be Some time for poltical rhètoric io iran5LBie into fundins for youth wort and. despite Intensive lobtying bylhis Chariry. ènd a number ol proieii-tsa5eOapplicaiion& v&ry little posilive action directed 31 E8GC nas been perceed In faci. the opposiie arose when the DCMS voiihdrew fundins pledged lor rhe reconsiruttion of Lifst3n 8oys & Girls Club. Ahu8e amouniof local publicityand public opinon uliimatetys8wthesrani ieplaced oll more robust terFn5. nevertheless, Ihe dlsrupiion caused and the dDrsion ol resource5 taken to achieve th150uicome, disiraaed the Chariiys efforts to rnove forward Other fronts. The fundraising l(Ku5 In this year wa5conceniraieO on regulor supporters who are clp3rPy prepared 10 Invesi If th15 CharlllsacL@VQrnent-based reputalion. In particular. the Jack Petchty FoundatioTr a8reed to fund the Charitys flagship Respett ryojecis as wellas SPQn5Qf yOUTrE peoples V1511s 10 rreSIdentIal ceniresand the aifventurou5 aCtiWtie5 theycaTh uniquety ofter The Essex Yobth Trusr, Essex COmmunY Foun(laiion. and Essex Council forVoluni3ryYourh Semces routlnE 5UPPOrt was well receed as ever, 3swasfundin8 from Essex Violence andvulnerabiliiy Unil and the Charles French Trusr. all supportinE proiectsto as5i5teducaiinsyouag people In variousways. The remaining IncDme was subSntiale8rThed frorn 5ub51dised eventan(f acivityparticlpaiion fees, a small numberoffvndraa51n8 events and inierE5tearned on cash deposits. E8GC connnues io beaopve and resourtrful In generaiing appropriate incomEfrom othersource5an(I this Is a perpetual quesi. Meènwhde 11 reLain$ sufficient reserveswhiih are available to brilEe possible fundin8 gaps so as to maintsin its re8uLar rQUr(e¢ delery¢ro8r8mMe5 arbd PLansforFuture Peflods Whefi lookillg3t the cotningyear for EBGC Ihere Is a ch3nEe In direccion from central gmrnment Influenced ty Iheiryoulh sirèie8y3nd iefjtring round e51ablishin8youih hub5 acr055the COLJntry. Timewill tell howthis sttapes ihe work of EBGC and whatwewill need todo EO respond io these inirF3rfos. Wheiher fijnding fromgovernmental sources follows the Inrioivs is unclearaithe rnomenE Dutas alwa, our clubs and the younE pe¢e In ihem ère foremosc in our mind5as an organization and Ihe needsand reouiremEnts ofthem Is unlikelyto change. Demand fLTrr ourclvbsond wha-.we delNer Is as strong nDwa5 ever has been 3nd so we need ro Conlinuèto deliver all ttte attiltIeS and training zhale do ai the momwr as well as add11 setvices. It has alreadybeen menrioned Ihai we are now a nationally recogn15eo iraining centre èble todeliver piofessional youthwork courses up 10 leve13. we have alreatyembarked on delerIng0Jr l*el 2 course moreto follow panceas werwill be a determining focror ofwharwe are able tD deliver The iThstabiliiie5 oIThe currenE conflicts in Ukraine alld across the Middle East make thi5a challenging lime for Irvsis and corporate ¢[nISatIonS. Wehave a solid and diverse fvndinÉ base and hopef115 111 enable us to ride out aryy poiential troughs in funding wer Ihe curreniyear. Plafis have alreaty been implemented io ensure rhèt ID fuiureyears weconiinue 10 breakev&n. Pa8e 6
The devolution of power 10 local authoritiÈ5 and Esse becomiThga super aulho¢ityth IlSOWn fflayarwll be IntersEing for EBGC. As E5sexwill be made up of S uniraryauihoriiies engagiTh8afid eD5urin8 Ehaiw&are engaged with allwill be è challenge as well as an OPPDrtunity. The lasr fe year5 bpen veryditfKultforour sector and trustees carti see thi5 chan8ingor beingènydiffereni in ther0rngYe3rsl Ltsran Boys Clubhas been Ihrough a rurbuleni lasr yearwith their YIFfunding for a newbuildingon the same siie as the old club being revoke and then lollowing lobbyins local Mps and the BBC running a Dew5 article about the Club Iiwas reesiabli5hed so rt 15 hoped that In 2026127 0 n fstall buildiDgwill oecome 3 re31ity- Everything Is now In pLHce ro make'r h3ppen li Will makea D051tive iTnpaa on rhe local Southend communlty nd will be a maroellous a5sei for ihe youngpeople of Southend. PoNdesofTrJ5tees ReSe5- Gen thaivirtualty none of Its funding Igsecured in the tnediuffl lo rnEterm and therefore carries a high risk ofvolalilityand sensicrrfiry to lhan8ingiircumstsnce& rhe rrustee% aftercareful con51deraiion ofthe or83nisaiion's fuiure planned expenditure and probabilityof mainiaifiifjs 115 Income. beli il to be prudent io maintain unrstrittèd r#ens of not more than 12 monih¥exppfiditurE Incurred from unrestritted fund5. Grant rna8- Grants are m4deto affiliated clubsout ofthe General Fund on the bas of merit atthe discreTion ofthe Erustees. Fundralgng-The Organisati seeks to obtain 8rant5 and donaiions for itsactmlies Anumber of events are 513ged re8u1èrWrth the purpose of rai5yD8fundsforcore aaNIEies The maiorw Dffund5 fai5Ed are from appeals forvoluThlary donatlonsfr0 p3rtDering ornisationS3nd choriiable rrJss R4skA¥essmentand MOnOr1- Risksare continualty a55es5ed and Tnoniiored by both senior st3ff and tIU5teeswho tneet regurIY. The Composition of Irustee5-TfU5tees arè recruiced from a115e(tors ofthe county and braadty represntaffiliated clubs theyth Serlryce. the Church. industry and business and the police Dire(tion and foNord planning-The organisation ha5 a stfategic plan coverins Ihreeyearsfon¥ar¢ operational deV0pment. Key Personnel- Tnèrrustees regularly review[rfOrITran. approprrdieness3nd successlon. RepDrtingto TfusLeès- Each officer of ihe organi5ation rEporEsdirecttytothe rrusrees4r least fourtimes each yEar. eitherverbally Dr riting. 5eNice5 to atfiliated clubs- constèntfeedback is sough¢ from CbS.lI proiett5 arè planned, monitored ènd evaluated. Qualtycontrol- the use oftrained. quallfEd personnel and de-briefifjg procedures ensuresquality MaintenanOf athvities. Comphints 0(edureS are In platr to Idenofydefiiiencies. Fufidrai51ns-fulld-rai5ingsraff ère employed ro ensure adequate rnu& is sourced from a variety of benefaaor& mifjiffli51llg dependefjcyon anyon& sourtr. Employmwt IssuÈs- There is3 forTral recrditment process which ensurès equal opportunity. References are iaken up and all relpvani checks made.There are grievafiie procedvres3nd defined channelsof (Ofnmufjicatiort. The char'.ty has olso engaged with a prole5510nal HR organitIon for furthersupporL Heakh & saf&ty- Compllance Wlh sratutoryre8uktion is reviewed regula SèfeguardinE- thecharityoperaie5 a comprehenswe policy ro protectall p3rtlCipaTrts alld staff In its attiviEIES and scaff are concinual trained and updated In Its 3pplicaiion. It offe's sèfeguardingtraining programtnES toall affi5ièied members and associated voluniews. Oisasier recovery plannin8-All [riCal compuierised data Is adequaiety replicated off sr(e. Plansare In place io Implement eer.al procedures durjng anypefiod of disruprlon, and ID rebuild normal operaiional capacity Budget3ry ionrrol and reportins-The finance officerprepares annual budge foretssiing monihlycash flowswhi(h are 3ppr(wed ty the trustees. These form comparatwe5 asain5tacwai rèports d&lwwed tothe Iruxees fourtime5 annualty. Annual accounts a P3ge 7
prep¥ed In accordance èppropr13te aciounting requirements.Theaccountsare audited. approved byiherrusiees and disEributed 10 memberstogeiherwith a wrilleD revie4Y Afulktime qualified finance officer ensures thatall Information and monitoring sy51etn5 across Ehe group are fflaintained and devebpeLI 10 a veryhigh srandafd. Cash fli)w 5enslimtyanalS- Cash performance is Continual monitored to ensureadeouate funding of actMli¥ ai all times. No money Is IM)rrowed. DependenCYchec on income sources- m05t proje(ts are dire(ttyielated EO specffic fuTrdin& which ar& u>Jaltytime Iimiod The organisation ha5. and continuallyseeksto enlar8e.the number of befiEfactor5. Insuiance- IndemniEy and IkibilityinsuraDc&appropriaie io thEor8ani5atlOn'5actiWties Is pvrchased. The Own1[10n minimises claims byeffecrwe awar&n&ss and prevention training. Pension commiiments-The organi5aiion. in 3ddi'.ion to a 5tatutoryworkptsce pension plan. supports defined concntiO plans operatèd for key elisible wnployee5. The fundingof and inSt[ent perforfflance of these plans $ kept Jnder fEsular fewew to ensure contributionswill supportthe objettffts of the plan Investment policy- Molies immediately surplusto dadyfequiremeD15 are Invested In an Instant acce55COIF charli1 Deposit Fund accovni prowded byCCNlnvesimeni MaNa8emeDI Ltd and Dep051tAccDUnts Dperated byCAF Bank Ll¢ CCLAalso provide a Chèrity Approved Investment tund carryirt8 Investment risk iTrto wnich unresiritteo funds are held as 8 primaryhedEe 3g3instthe rmpartof inflaiion. No Resiritted funds are exposed to invèsirnent risk. These lunds are ger.eraNyheld In the accounts as desi8naied resÈNe5 earmarked for specific purposesthe 3pplication ofvihich mayaristr alfuture bui35 yet undeiermined dates The aim ollhe investment is thereforeto offef a hedge41n$r Infl41ion, cr ffvnd managers fees, and overa IoD8-teiin period to reiurn a P0511Ne gain eqUa]ent io ifit2re5t base rates.The charity10 noi deem it appropriaie io atternprto expbrt In¥e5tmeni Tnarket5 by 5elf.managiThg ch invesrmenE% howEver. the perfortnance of it5 Investec fund5 Is kepi under regvlar rwew Maintenance of ihe orsafj15atlOnS ¥ODd reputation 15 a prinapal factor In Its abi11tyto continueEO deler its objettives. The areas mosicon51dered posing risl arnd the measu$ cakento 5afe8uard ihe or8ani5aiion in thi5 regard are-. Public perceptlon- The wccessenjoyed in lh& pUrlt ofthe associalTh$ obje1¥e5, COntillue5to ret31Th support from member& beneloctor5. aEency ([ner ènd communityaE large EvÈryoppDrtunity 15 therefore taken to pjblrise events and achievements and 10 communicate and èdwse on Issues relating io young peoplp In the county Thls process which LgConsr3nivnder review. is aimed ai 3iiractin8 new partners paoKipaior5. The Annual Repori and Rewew Is presented 10 rnembèrs and distributed widety, alongside progres53fbd out-coffle repDrN 10 partner asencies and project sponsors. Government policy- Gifr aid schemes provide benefit io the organisatioD and affilialed (netnber club5. but theifwilhdrawal would result In onlya srnall reduttion In Incame to affiliated (lbs. Policies olgovernmenr aEencies ènd localscNernfflent relatingto the provasion of youth 5eNices8reaity Influencesthe organ15ations 5tra-.e8ic planning and dlOpMeN. The organisation rpmain5aware of potenirdl chan8e ènd opporturtity tyworkins wilh releYania8encies. Failure tocompth the law reguOns[el41lngtO the or8anisaiion is a risk.This risk Is reduced tyen5uringtst- Compliance ai all lels 15fundamen1al trained inEO all staff. Parricubr attenrion is paid to compliènce and codes of¥oDd pra(tice and condu¢ ¥thettwor not StaLutori enforab1e. relevant to contaitth youngpeople The organisaiion provides support. advice ar¥J irainins ioyouth leaders andNvorkers as a part of its tore aitivitie5. R15k of non-compliaDcE 15 rninim15ed byeffective communicaiion th partner agencies and the expErIi5edered from Indmdual Irusiee5aswEII a5 freoueni reviewofbe5t prallice NorpdtsdowreofGrants- All mopetary8rants are accounted forat the timeof recelpi. Itis the polityof ihetrustees notto publiciseyant makers vnless requEsied Lo dD SD. Page 8
Trustee¥ reSPybIles1n reclothefln4n statÈmerts The trUee5 are responsible for preparing IheTrvstee5' Report and the financ1 sratèmenES in accordance wrh arplicablelaw and Unired Kingdofn Generally Accepted AicouDiins Praaice. The lawapplicableto choritie5 In England and wales reouiresthe truscees to prepare finanoal 5tatement5fof each fmanoa1 yeariCh gwe a and fairviewof ihe stsie of affairsofthe charityand of the 1ncomiDg resourtÈs and ap1£811¢n of resourcesof the charity forthai period. In preporin8the5efinancl sratements, theIrusEe afe required to. 5elett Suitsble aciounung poIleS and ihen appbythem Consistendy. obseTve tye Ineihods and princip$ in the Charity SORP". m8keiudEements and e5timate5 thai3rE reasonaole and prudent. 5Eate wheiherihe applicable accounting standards have been followed. 5ubiecrto anydeparturesdtsclosed and eXplaed in the preparethe financial ststements on a goingconcèrn basis unle55 itis Inappropriateto pre5uniethatthe charitywill iolltinue I business. The iru*eès are responsible for keeping proper accouniing records which disclose with reasonable accurao at anytlme Ihe fin4ncial position of the charity and to enable Ihem io ensure Ihai thefifjaDcial stètements comptywith ihe Chantie5Act 201 I, the CharitylAccounts and Reports) Regularion$ 2008 and the prN510ns of Lhe irusi deed. They ire also responsible for safeguarding the assets of ihe charityand hence fortskiTrg awable slep5 for the prevention and deiettion of fraud and othw Irregul3rtie5 The tru51ee5 confirm thai they he cornplied with thp dutyin Section 4 of the ChèritiesAci 201 I to have due regard tothe Chanty Comm1s510n¥ general lanCe on pubhc ljenefit stee IsigiL6 Pa8e9
InthF¢nderrtaud reportto trusteesof Essex &GlrbClubs C.l.O. Ophbn have èudiiedthe finant&31 sts1emen0f Essex Boys &Girts Clubsfortheyearended 31 Oet@mb@r2025 setovt on pages 13 1026 Thefinanci31 reportiTr8 frafflework that been applied in their pr¶Tion Is applicable lèw and uniied KJngdom ACCOUrtiin8 Standards including Financial Reponing 5EandariJ 102 7he Financi& Reporting Standard applicable in the UK an(t Republic of Irelard. (United KingLlorn Generalty Accepted Accounting Prècticel. The financial sratements have been prepareo in accordance Wirh Accounting and ReportinE by Charitie& SrèremenE of Recommended Praciice applicable io charitie5 preparifi¥ their accDunis in accordance wilh Ihe Fin3ncial Reporting Stsnoard applicable In the UK RepublK of Ireland IFRS 10211effective 1 ianbary20151-IChariiiesSORP IFRS 10211. Ine Finarckil Reporting Standard applicabEe In the UK and Republic ofirelafio IFRS This has been done inorder forihe accounts 10 providea Irueand faifvitsvin acCordanceCh the GenerallyAccepted Accouniin8Prattice effecirle rof reporting periDd5 be8innifis on or after I January 2015. In our opinion the financkil 5tatetnents'. a true and fair vlew of rhe Slate of the Charitab companls affairs as ai 31 Decernber 2025 and of IES Incoming resources applitation ofresources intludin8 its IDcomÈand Èxpendiiure for thE year theD ended.. been properly prepared In accordance with Uniied Kin8dam GenerallyAccepted Accounting Praciice.. and been prere1 in3ccordanc&vAlh the reqbiremenis of Ihe Charil*S Act 2011. B4slsf¢r¢pln We conducted Ourauditin accord3ncewiih International Stsndardson AudiiinglUKII1S[uK?)ad applicable13w Our responsibilitiesunderthDSe standsrds ère furcher oescribed in Ehe AudiEofs' fesponsibdilies for rhe audit of the financial scatemenis sertion of our reporc. We are iTrdepeDdeni Dfthegroup ifj accordancp w,th. the ethical iequireineDIs Eh3t are relant[0 ouraudrtolihe financial 5taiernefjtsifi the United Kingdom. rDcluding the FncIal Reporting Council's Eihical Siandard. and we have fulfilled our Othèr ethical responsioiliries in accordance With these re4uireiDeTr We believe thaitheauditevidencewe have obt31ned 15 5ufficieni and appropriate to provide a basI5 for our opinio C¢)fflu4on$ TrWnEtOBoln8 ¢onwn WÈ hive nothing 10 report in respett of the folh)wing matters in reWion ro which the ISASIUKI require usto report toyouvéhore.. the Trusrees. use of Ihegoing concern ba51$ of xcounting In the preparaT4on ofthe financK41 scaternents is noi appropriore. or rhe Trustees have not disdosed in the financkil statements any Identified material uncertainiie5 that may cast 5ignificani thvbi abwtthe grovls or the parent th8riVs abtliiy 10 continue io adopt rhe going coniern b3ys of accountiThgfor a period of at least welve monihs from Ihe d8ie when Ihe financial staiement5areauthor15ed for i55ue OtherinforiMdM ThÈTru51ee5are rÈ5ponsiblefor the otherinformaiion. The other information comprisesthe Informaiiofi IndudÈd In theAnDual reporL oihertha the financiol staiemènisand ourAudiiors' reporc Ihereon. OJropinion on ihe financial 51acemenrs does notcovwrhe other informaiion and ¥YE do noi expre55 3Try form ofa55uranie CDncIu510n ihereon. Pagelo
In connection with our of the finantial statements. our responsibility i4 io read ihe other information and. in doing so. consider whether the Other Informaiion 15 rnaterially InCDn515tenL Ihe financial ststement5, or our thowledge obtained in audit or Olher%vse appears to be Material m155tated Ifwe Identify such macerièl Incons15tencie5 or appareni material Fnis5tatements.we are reou1red ro deiermine wheiher there isa marerialmisstsiemeniin Ihe financial st3Ments0r a maierol missEatementofiheoiher In',ormatDn. If. based on-heworkwehaverrf0rrnert. we coll(lde thatthere 15 a marerial m.IssiatementoffthI5 Other InformatlDn.we are required to report thaifatt We have nothia8 to repDrt Inthis regard. matteh1¢h wulredto rewtbyexceFtbn We have nothin8 to report in respect olthe following marrers where the Charitie5 (Aciounts and Reports) Regulauons 20Q8 requires us to ropori toyou If. In our opifin-. the information gwen In IheTru5Tre5' report Is Incon515Eeni in any materol rèspecrwlth the financial SEaremens the charity has not kep15uffiiient accourytingrecord& or he charity financ141 siatemenis are not in a8reemeniwiEh theaccounrln8 records and rewrns or we have noi reowed all the Information and explanaiions we require for ouraudiL Resronsbllthsoftrustees Ag explained more fulty In the Tru5tee responsibiliiies statement. the Trv5tees are re5PQn51ble for the preparation of financ4al ternents whith give a true and fair view.and forsuch iniernal control asiheTrustees deterrnine15 necessaryto &nabthe prèpararion offinancol scarem•irsthat are Ireefrom fflaterial misstatement, whether due 10 fraud 01 error. ln Pfeparingthefinanciolstaiefflwts IheTru51ees are responsible forassessingihe 8roup's and Ihe charivsabilitytoconiinue as a goingconcern, disclosin& as applicable. matter5 related to gOln8 concern and using the going concern basLq of accountsng Jnless the Trustees erther Intend to Iiquidatp the parent chartyor tD cease operarion& or hove Tho realiylc alternaiive but io do 50. Audkors'reSpthHthesfQrtheaud olthelhand31 #aternents Our objectives are to obiiin reasonable assurafice aboutwhetherthe fi•anci?I scatements asa whole arefree from material mi55ts1emenL whether due to fraud or eiror, and 10 155ue an Auditors, Report Ihat includes our opinlon. Reasonable a55urance high lewel Ofa55Uran noi 3 guaranieethaE an audit conducted in aordanCeA. 15A5IUK)will alway5 detect o maieriol miss18trnentwhen Ic exisis. MIssEatemenis can alise from fraud or error and ale considered m3Eerial If. ifjdr¢idualty or in the aggregare,Iheycould reasonabkg be expetted 10 Influence rhe ws and regu1atiDns We design proiedures In Ihnewith our ie5ponsibilii.. outlined abo. to derecr material misscaiemenis respea ol identifying and 155es5ing r15ks of material ffl15siatement in respecr of Irregulariries, InCldingfr3d and non-iompliallce Wilh lavs and reguLItiOll5, we considered the following.. Ihe nèiure of the industryènd sector, control environment and busine55 pÈrformarce includingthe design ofth& Charitys remuneration Iicies. key dri¥er5 fordifettor5' reffluneration. bonus levels and perlormance t3rgeis-, resulrs of our enquiries of managementabl rheir o4Yn Idenliflcatn 3nd assesstnenE O,. thÈ risks of any rnatier5we Identified havin8 obtsined aDd reviewed the Charitys docMentatiOn of their policies procedures re13tingto' ioeDiityn& evaluaLiD8and COmpngwilh laws and reguon5 and whethertheywere a4vare of arty lrtslances Df non-¢omplian¢&', detetting aDd re5pondin8 to the risks of fraud and whetherthèy have kr.owled8e of anya(tu31. suspected orallE8ed fraud.. toe Inrnal conirols esiablished to mitsgate ris of fraud or non-complance With laws and regulatlOD5', the rnatters dis(U55ed amors the èudit engagemeni ieam and Invofvifig relebpnt Internal 5pÈcièlisrs. includingtèx. real estate and pengons iegarding and where fravd mightoccur In rhe financial 5taternents poieniial InditatQf5 of fraucl. As a resultof these oro(edures, we considered the opportunities and incentives ihat may ex151With1n the organi5atson for fraud and IdentifiEd ihe greètèsi poieniiol for fraud In managemenvs Incentive EO overstate profit. In common wirh all audils under IUKk we3re also required 10 perfor specific pradureSto re5pondto the risk of management overre. È also obtained an vnderstandlnE of Ihe legal and re8uLiioryfraFneworktharthe chariry operates In, focusing on provision5 of Ih05e lav¥S and regulat10Tr5that had a directéffecton the determination ol material amount5 discbsures in che financial stsiem&ncs. The key lowsand rEgulètionsw&considered in rhisconiext Included the UKCompanies AQ pensions le8islaDon and tax legisktion. In addition.we cornsideied prtyisions olother k4ws and regulation5that do have o direcr effecr on Ihe financial statements but corrpliance Ilh wnich may be fundamental rothe chariW5 abilitytooperaie or ioavoid a material penaty- The key law5and regulation5 we considered In ihis cont&xt included the Fnancial Serwce51nd MarketsAct.
4Jdttre¥Jonseto r&k%ldentffied Asa iesult olperlormingihe above.we did not identityanykw audit mattersrelated io tae polèn1] risk Df Iraud or non-compliance la In addition 10 the abe, our prc(edures 10 respond to r15ks hJeniified Induded the fo15ing.. rewesving the financial 5taiernentOisc105ures and te5tingtO 5UPPDrtlll8dicumentaÈion tD as5e55 compliance ryth provI5n5 Of relevantlaw5 and re8ulatlOn5 described a5 havin8 3 dirett effe(ton the fiparKial staiemE•t% enquirinE of managemeni concerning attual and potential Iiiigaiion and daiffl5', performingafjatytical pro(edure5to idÈmifyanyunu9Jal or unexpecred rèbiionshipsthai may indtsie risks of materol missiatpmentdue io fraud.. reading minutes ofmee¢in85 of those chargedwith governance, reviewing CDrre5pondence wilh HMIC., and in addre551D8the r15k of fraud through management ovErrde of ¢onirol> ie5tingihe appropri8iene55ofiournal eniriesand other adjustment assessingwheihertheiudgemenis made in making accDunting esirn£tes are indicative of a pocèniial blas, and aluatIng rhe businessroiionale of anysignificaThi Iransacrionsih4tare Jnusts31or outside the normal course of busines5 We also cornmunicated relwani idefjtifEd la4Y5and rE8ulaiiOllS and poteniial fraud riskstD all en8a8ementteam membEr5, irydudinginternal specialists. and remèindalertto any indications of fraud or non-compliance wich la ènd guIll)n$ ihroughout Ehe audii. mi5siatement In the fin4pcial statements or non-compliance with re8uLitson This Iisk Increases the more that Cornpln(e wilh a law or regulatyon 15 removed from the events ènd tran5actlDnS fEfleited in the fillafjtial srèt&ments, as be le like[0 beiomEBYéare of In5Eafjie5 of non- compliance. rne risk isalsogreater te8ardin8 Irregularities occurring due 10 froud rather than èrror.as fraud invobfts inrentional concealmeni. forgery. collusion.omission or misrepresentali¢n. Afurtherdescripiion of fesponsibiliiies fo< rhe auditofthefinancièl siatemenrs is located on ihe linancièl Reporting Council'5wEbsiie at W4WN.frc.or8.uklaudiiorsrespon4bilities Tnis descrlption forms part of ourAudiiors' Report. U5eofour report Th15 reportis tnade solekytothe Iharitys irustees. as 3 by. In accofdancewith Part4 Dfthe char.t5 (Accounts and Reports) Regulations 20D8 Ovrauditwork has Deen undertaken so Ihai 4Ye mighi slate tothe ch3rity's irusiee5those matters we are reouired io slate to them In an auditors, report and for no Other purpose To the fdlle5t extent permiited bj laN. we do not accept or assuThe responsibilY to anyoneoiher Ihan Ihe charityaDd 115 tru51ees, a5 a boty. for Dur audit Yiork for ih15 reporL orfor the DPlnlOn5we have fofTned. par *k4hlngFCAlSenior51&tuioryAvdit for on bealf of A5hlng5 Lhtted ChafTered AccoJnt3nts StatutoryAudiiors Dale.. /</f /z S. Ashin85 LiMid Is eligible toa(t35auditor In terms of section 1212 ofthe Companie5Att2006. Page12
Essex8trJ5 & G1rf5 Club5 C.LO. stent ofHnarKkilAc5 fvrtheyEaren(d31 (}ernber 2025 Unrestritted Designated ReAaed Endfmnent nd fund fund ru Total 2025 Total 2024 Notes Incomeand endwIr$0rn.. 104778 217.140 201.689 226,176 523.607 226,176 1,05S127 lack Petchey Foundation Activities and course fee5 Cafnpin& accommodation aryd cateriD¥ Fundra151Dg EvenES InteresLrecer¢ab 59.641 297.695 12.445 39.307 12,723 72,364 297.695 12.445 39.307 56,890 331753 13.725 50,188 Total hcome 513.866 229.863 427.865 1.171.594 1.50&683 Eyndhure o 97,623 97.623 71444 Cosioffcharitable attiVe$ in furcherance of 0e¢rS Management4nd£dminiraiio 473,416 55.702 263,023 302.374 1,038,813 178.193 1,277,982 158,206 Total ryendre 62é.741 263.023 424.865 1.314 629 1.508,622 3,000 Ner8aIn[l0ss& on knMen[s 137,0351 91,949 Net k)£omel(xpenditurèl 3.000 1180.0701 91000 Ttsnsfersbetsen fijnts 67.551 223.498 1291.0491 Net rrodementln fiJnd5 190.338 1288.0491 1180.0701 910 Totalfijnds brou8htfO as restated 1.498.219 1.580.636 129.973 3.720.976 3.628,976 Total ndsCaedfor3rd at 31 Drnber 2025 1.415.860 1.770.974 224.100 129.973 3.540.906 3.720,976 The resu shown abo represent the continuing3ctiwties of the charity. The notes page5 16to 26 forman hie8fdl partofthe5elln4n¢lol 5t4tements. Page13
Essexa(y & Glds c5 CLO. ealancegla$It3l Oecember2025 AS restated 2024 2025 edassets Tangible assets In¥escmnTS 763.764 1.862.514 794,327 1.899.549 10 2,626.278 2,693,876 Current 3&4ets Siocks Debtors Cash at bankand in hand 56.147 989,401 41.592 1.127,Bl 1.045,708 1.169.559 Credthr& arrntsfallkn8 due1 one year Netcurrentassets 914,628 1.027.1 Netassets 3,540.906 3.720.976 Fund5 Endowfneni funds Unrestritted lunds. Re5tri(ted funits 129.973 3.186E33 224.100 129,973 2.998.881 592.122 foralfijnds 3.540,906 3.720.976 Thefinancial 5taiement5wereapprov2d bYte board of irustees on siEned on its betrlf by rusree Thenoteson pages 1610 26form on Inwral partofthe5eflnancIStar¢rneffls PasE14
E58ex &Glr15 Clubs C.l.Q. sweMentofCashkn*sfortherende3I DeIrl)er2029 2025 2024 Nec Income Depreciatiofj Profil on disposal of fixed assets Gain5 Dn invesimenis Bafjk Interest receryed Mtyemeni in 5ioik Debtors 1180,070) 39,875 91000 31.260 37,035 139.3D71 19).9491 1511881 1145551 24.754 145.4311 Nerrath outfitwfrom OPern8thre5 139,5541 In¥en83(1M¥es Bank Interest received Purchase of fixed assets le of fixed assets Pvrcha5e of Investments 39,307 129.6601 30,088 50.188 16.594 Cash InflfrOM In¥esOn8attMOes 39.735 43.591 Deueoseykncrpase hcosh traLIeS 1138,4051 4,037 Ch andra5h e¢ts •tthe be8lnningofthe rep(rtn8 pwlod 1.127.806 1.123,769 Cashandrash e0Jèts at the end ofthe rewUn8 pedod 989.401 1.127,806 PBge15
tsx &Glrfs Oub5CI.O. Note5tothefinandal mtements forther ended31 December 2025 +lccounJngpoWcs The principalaccovnrirngpoliciesadoored,iudgemenisand keysourcesof&srimit,ofj uncErtaintyiniheprepar3tionofthefinancial sraiementsare 5etoul below. lud8ments In appn8aCCountyng pIc and keYsour$0fesl[rna1knn wcertalnty In the application of ihe chariW5 accounting policie& rhe 1rusie are iequifed 10 makejudgmenrs, estimèies and assumption5 aboutthe ca'ryingarnonlsolassets3nd liabili)[hatare notreadityapparenifrom other50urce5 Theestimates3nd associated 35SUrnPElOnS are based historical expenence and other f3ttDrs that are considered co be relev3ni. Actual results tn3y differ frDTD these e5Mates. Tre estirnates and underlying a5suinptions 8ie reviev¢ on an goIng bas$. Revisions tD accounting eximaies are re¢ts8nised In ihe period ID which Ehe esiimate Is revi5e(5 If the rev1510n affects only Ehai period. or In the perv)d of the revision and fuiure periods If ihtr revision affetts both current 3nd future periods. charty1nf0rNik7n The charity Is a Charitable Incorpor3ted Organ3110 ICIOI regisiered In Engkind and Wales on 21 september 2015. and its ro815tered DfficE 15 Harway House. RettDry Lane. Che1ffl5ford, Èssex CMI IRQ By order of The Charity Commission for England and wal&s ihe assets and liabilit of SeX Boys & Gir15 Clubs Icharlty number 3014471vre transferred tothe CIO on 6lanuary 2016 J5150f preparatFon The financial siatements have been prepared in 4(cordance With Accounring and Reportng by Ch8ritie5' Staiement of Recofnfflended Practiie appliiable to charitie5 preparing their accounts In accordance 4Yrth the Financial Reportins Siandard èpp17ble In iheUKaDd Republicof IrelandlFRS 1021leffecEp l January2o151-ICharii4esSORPIF 10211.the Financial Reporiing Sfidard applicable In the UK and Republicof Ireland IF 1021. Essex Boy5 & fyrls Clubs meetsthedefin tion ola public benfic enTity under FRS 102. A5se15 and liabiliiie5areinltiY reCOgned Rwrtln8currw The reportin8 currenwof rhe companyis Sierling. Tht level of rounding Is io the nearest pound. Income recognttkin All Incoming re50urcesare InClded In theSraiemenr of Financial AcINe$(sOF4)Ylhen the ¢harity151eg3llyeDiitledtothe Income after anyperfDrmance condiiions h3ve bpen tneL the afflount can be ffleasured reliably3nd IT Is pr¢bbble Ehai the In¢omewill be cewed. Donationsare crediEed tOEhe Statement offinanc&41 actlVitlES 3sand when theyare receNed. Activities forgenerating funds Ismadèup maintyof IDcotneseneraiedfrom Bttiwtie5. caFnping and accommodation. The booking fees for Iheseattiviliesare recevd in advance of the activty taking placE. Th15 15 therefore treated as delerred ncome uniil the ate ofthe weni ai syhich point the receipts a then recognised as inc(Nne In the statement of financial activitres. The charityrecewes grants from exiernal Sour% ¥thich ore ieco8nised asand when theyare [e1Ve. lTrveslmeDÉ iDcome Is In the form of bank InterestieceDAed. Other Income repre5entsreni receale. Page16
E55exBw5 &Gd50ubsCI.O. N¢testothefin•ndal a¢ements fortheyearended31 December 2025 1.6 Expendthre rec1 NJI ÈxpÈndilurÈ is accounted for on an accruols basis and has been classilied under h&adinEs that aggre8aie all costs rehted lo Ihe cate80ry. Expenditure Is recognised where ihere is a legal Of construttive obligatson to make pawmenis to I1(d pales, li prOyIh0I the setrlemenr Will be requireo anLI the amouni of Ihe obllEatK)n can be measured relK3bty. It i4 caieEofised under Ihe following h&3dings. Cost5 of raisingfvnd5 Include5ather¢isin& pnnting and ihe femuner41ion of employee5engaged in n raising Expenditure on charitable activ)tie5 Inc1ude5 the direttcosiofactr¢itse5provided. eFnployee wagesand training thereorn and the8eneral maintefiance 6Dd utility costs ofthe 511e. Other expenditure represents ihose r(em5 noi falliDs Into the cate8orie5 above. Irrects¥erèble VATIS charged as èn e¥pense aEainstthe ècrwityforwhich eYpendItu arose. Supportand 8oNrnano costsaIOn Supporr costs are those thai assist the work ofthe chariry but do not direcTly represent charitsble artiiryEies and include office (0515, soveffjance c05t5 and admifjistrative payroll cos. Theyare incurred directly if. support of eipEDdiiure on th& obje(ts of lh ch3rity. Vthere supporr costs cannor be direc1 OEifibuied ro paoicular heaoings Iheg have been allocated io cost of raising fundsand expETrdiiure on Charitab actwitieson a bèsis consistentwith use ofthe rèsources. Fund raisingcosisore Ihose Incurred In Ykingvoluntarycontributionsanddo noi Includethecosisofdisswninaringinformarion In supportof rhe charpiable a(triitie5. The aasiS of these costs is Included in note 5. Pen5knn costs Thech3rityconiributes into a defined contributity)siakeholder plan. This plan aspecific bn8iÈmi fundingobie(tNErequiring contribuiion leve15 to be reviewed regular The charitya150 tontribute5 10 a WDfkplèce pension scheme. Desl8natedand rthtted fiJnd5 objettivesofihe ch3riiyand are noi Condered by i-, Unle Qlher 5pecifie4 bythe donor. io represeni resiriciedfund5asdefined by the Charitycommissioners. Certain grants and donations ha been receive(S pur5U3Tht to the general objective5 of the charity whlch the trustees have de51gnated f<K applicatsofi to specific attivitie5. The incotne and expendiEJ'e ifj respett of these athvities ha5 beEn separated f<om setyerèl lunds. There s no le831 requirement io do Chis. and the trusrees retsin the power to reallocaie such fuD05 Within unrestricred funds unless and vniil Iheyare epellded DesiEnaied fund55ei aside bythetru5tees outof Unre5tried genefal fund5 are lorspeafic future purposes or projects. Funds earmarkedas restrtted have been treated as Such 3tthe reque5tof the donor or bythe term5 ofthe 8ppeal for particular projectsand accouniel for 5eparatety. 1.10 Taxa¥on rhecharw is an exemptcharitywhirn the mèaningof schedule3 olihe Chariue5Aa2011 and is conshjered ro pa$sthet&s set out in Paragraph iof Schedule 6 to the Finance ACE 2010 and therefore it meets the definiiion of 3 charitabk company Por UK corporation tsx purpose5. Page17
Essex ty &Glrts aubs Cl.0. NO10 ihefinonaa1atets forther ended 31 De£wnLw2025 1.11 TangknIefeda55er5 TangiblE fixed assets are stsied ai cosE less accumulaied depre(iatiQfi and accumulated Impaiimefit105ses. C05t Intludes cos directtyattributable to making ihe asset capable of operaunE 35 Intended. Depreciatior 15 prowdedon all iangiblÈ ffixed 3sseis, 01 rates calculated towriie Qffthecl les5 eximared re51dualvalue, ofe3th ssei 4 systematic bas ovei its expetted SefUl life as follows.. The rates of depreciaiiDn appiicable to fixèd assetsare-. Plant and Machery MotorVehic1e5 Computer EouiptDent Furnire and Equipmeni ReCentacquirea Frethokl bvildingsare notdepreaated. 20% trah1 line 25% Strat line 1.12 ossetlrNT5trrnts FLKedas5etiwestment5are lryitialtyrecordeda1cosr.and suosequenrlystaiedatcosi les5awaccumulate(Iimpairmenr105se Listed Investments are measured aif611 valuèwlh changes In faif value being recOgnSe In profbt or I5. 1.13 Stock Stock are measured atthe lower of c05tafjd estvnaied se11n8 price lèss COSES io compleie and sell. Cosi Includes all costs of pur(ha5e, cost5 olconver51Dn and other COSES Incurred in bringing the siock5tO Iheir present lootion aTrd londitTr. 1.14 t)ebwr5and tredltors recefvable1payabwthln0ner Irade8nd O¢her reTrNable5 payable. Oebtor5and (reOr51th no 5taied IDiÈresi rare ènd receivab Orpayablthin oneyeararerKorde¢ altran(lIOn prlce Any k)sse5 ari51ng from ifflpairmenE ar recognised in expendiiure. 1.15 Cosh atbikand In haNJ Cash at bank and In hand represents such accourttsthar a available on demand. 1.16 Goln8£oncem The charitys financial backers remain well ptsced 10 5UPPOrt future actMtie5 and ihe underlyins financkil resour(es are sufricieni to ènsure Ihe char¢g remains a Eoing concern wetlncorfngresotsrcesforther 2025 2024 Thls 15 Stated aftei char8ln& Depreciati Auditors. remuneraiio•-auOitofthe financial statements 39.875 7.499 31.260 6.6C*) and after creditinE- ProfrtoD disposaloftan8iblè filed assets 9.739 Pège18
Essex8oy5 &GIraubScl.0. Notestothefinanclal statements forthtye¥ended31 December 2025 Vdunwincome Unre5tr1rt¢d r)esi8nated general fund5 funds 2025 2025 Re5tr1aed EDd¢ent funds funds 2025 2025 Totsl 2025 Total 2024 OonatiOn5 recefftd lack Petchey Foundatyo Granis received 104.778 217.140 201.689 226.176 523.607 226.176 1.055.127 104.778 217.140 427,865 749.783 s¢fexpendkureforralslngfiJnds UnreStrftt Desnated 8eneralfvnd5 fund5 2025 2025 Rethtted Endmnent funts fijnds 2025 2025 Tctal 2025 Tctsl 2024 wages3nd Salar*s Venue Hire 94516 3,ID7 94.516 3,107 68,B18 3,626 97.623 97.623 72.444 Tctal resowtt5expended Merthrs E(SucaU Fund Go¥ern¥e Support Programme &Tralnhg Ra1n Centre ub 2025 Total 2024 Totsi Costs d1rett{al¢ied1oaCtMUe& Staff costs Purchased m6tenals and 5efwce5 Staff travel expenses Grants to Members Clubs Audit fees Annual review 285.798 225315 122,491 738.705 736,320 5.002 2.093 50.124 4559 305,697 2.245 360,823 8,897 554.201 1Q516 7.495 3.339 7A95 3.339 2.925 Supportcostsalbcated to actMtEe& Pretn15es CO[DuniCatl0ns Bonk chafges 147.846 12.096 162 24.481 147.846 12.096 405 39.875 .7391 4,887 139.36D 11.907 3.460 31259 243 4.902 10,492 Profiton Sale of fixed a55ets Oiher 5UPPW)rtcosts 19.7391 4,887 6,348 288.D41 290.490 597,628 138,470 1.314.629 1.508.632 Pège19
Essex8&GlrtsobSC.l.O. Notestothefinandal stateff*nts for theyearended 31 December2025 Audws rIneratIon 2025 2024 Fees io the companis aud,torèndassociaies- Au(Jit 5ervice5 Other finanaal SeVCeS 6,864 6.61N) 7,495 Emoluments oferyws 2025 2024 St3ff costs of Ihe Ih3rityvoreas follows.. salaries Social securitycosts Employers pension CributIOnS Life assuranceco 639,lQ4 63,249 28,864 7.488 640.149 S6,332 33,836 6,003 738.705 736320 The numberofemployees Whet01¥1 employee beneffiis, excluding ernployer pensKin costs fellthIn the following bands. are8s follow5- No. 140. E60,000- £69,999 The average nuTnber ofÈfflployÈEs, Including PafE lime siaff. isas fol No. No County Direttor A5SI5tallt County DirettDf5 Evenis aidACtDiities OrEanisers ClubSeNicing Oyicers Edvcaiingand Training Officer Appreniice5 AdmIntrail0 and suppory gaff 22 The Charity admjnisterdefined mntribution pension schernes for its ernployees.Tne total contributed bythe charfy forthe year amouDied to É28.865 ¢2024.. £33.9561. Tnjstee renvKwatknn No rrustee recepd any remuneratioD or benefi15 from an ernployrnentwlth the cnafty or a felaied entity. in Ihisyear or Ihe previou5 year. o trusieew8s reimbursed for expens or had expenses pa1 by the charity. In IhLqyear or thè previousyèar. Pag& 20
Essex ty&Glrls aubsC.I.O. Notestothefinandal ststements ftrtherendEd3j DÈcember2025 Tar¥&bKed ass$ Furntture and equlpment FehOld property otor MlnSbu5es Gener equlkThent Totsl Al 1 january 2025 AdditlOn5 778,283 26.005 174.837 26.400 126,4001 39,921 2.692 11,090 570 ID30.136 29,662 126.40DI At 31 December 2025 778283 26,005 174.837 42,613 1.033,399 At I january 2025 Releaseo on Disposal Charge forthe year 30.097 14.092 14&663 33.738 g.219 235.809 16.0501 39,875 6,495 28,478 3.040 1.862 At 31 December 2025 30.097 20,587 171.091 36.778 269.634 Netbookvalue At l January 202S 748.186 26.174 6.183 794,327 Al 31 December 2025 748,186 S.418 3.746 5.835 579 763.764 io. Inlwments Inl3nu3ry2020 an accountwa5 esiablishedwith CCLI Invement Managemen¢ Limited for a charilies Invesirnent fund acquisition of 3ccumulaEion units. 2025 2024 Balance as at I january 2025 InvestmÈnts 3dditions or cosr Revaluacion 10 markeivalue Net IIOs5yga'n on investments unreali5ed IB99.549 1.807.600 91.949 Bèléncè3S at 31 December 2025 1.862.514 1.8W.549 Dobtors 2025 Trade debiof5 PrepByrnent5 10325 45,822 14.701 26,891 56.147 41.592 Page 21
Essexty&Glr&Out6 C.l.O. N0testothefinanrba15taieents fwfvywrended 31 Detemb¢r2025 Credttors_amrLtsfaIIInS duewlthln Onear 2024 Tr4de creditors OEher taxes and social security Accruals and deferred income Othercredilor5 6,949 14.749 41,674 79.087 17.013 66,792 41.595 131.080 142.459 2025 2024 ealance èr 113nuary2025 Amourtr released io IncominE rources Amounr deferred in the year 28.4149 128.4491 53,303 78.326 28.449 Balance aE 31 December 2025 53,303 28.449 Deferred Income compr15es booking fees for attriitse5 reCepd in aifvance of the tn8 Ce. 11 aWofnetOS5etsbthenfvnd5 RÈthtted Re*red Income caprtal funds runds Unre#dcied ftJnds Total Ton8lble fxed assets 763.764 763.764 InvesDxents 50,000 1,862,514 Cash ét bank and in nand 685.328 224.100 79.973 989,401 OthernetcurreniliabilitS 174.773} 174,7731 Toral 3.186.833 224.100 129.973 3.540.906 Page 22
Essexeojs & Glrfscknbs CJ.O. Notesto flnrtaiAatements forthe)earwded 31 tJewrber2025 k4fftmentlnfunds 31 Decemter january 202S Incomhg roUrceS Ouiwn8 Transfers 2025 Re#rfctedknd5 Members Club Support 479,932 76.085 1232A041 AcDvty3nd Evenis Programme 112,189 351,780 1192A601 31564 304.on Educaiion and Training So00 S0,Q Total restricted funds 642.121 427.865 1424AfvII 1291,0491 354,073 Unrestrlctedfunds Oesl8natedfunds AttiwDe5and Events 3.499 29,411 Education and Training 590.636 226.364 134.087 720.974 Outdoor Attlty(en@I Admin151ration and Developtnent 990.000 60,000 1,050.000 1.580.636 229.863 1263.0231 223,498 1.770.974 Genwalfijnd 1,498.219 476.831 1626,7421 67.551 1.415.860 Total uTrrestricred ffunds 3,078.855 706.694 1889,7651 291,049 3.186.833 Total SuThds 3.72D.976 1.134.559 3.540.906 Pwro5esofrestrfcd fulS MemberClubSupporL Gran15 and donatiOn5are re8uLirkysou8ht and ieceived io fund The saLAries artd empenses of officers appoinieLI lo 51t rnember clubs to promote leadership 5ki115afid attivity pro8rammesfor youngpeople. and to encourage and a55i5t C{SeveLOp[Det and fuTrdrai5ins neèds. and &ents Programe. This fund flnancesthe 5al4riesand expenses of posts deditaled the org3ni5aiion of charatter building compeiilive sporr$ and creaiive and arts based atti¥iiie5 and events iarsetèd atyoung people In various age Eroups. In pursuance of the charity5 primaryobiettLves. EthjCaon andTralnln8 Funds are r31sed byand held on behalf Dfsociol p3rEnWS engaged in projects to create new opportunrties and facilitie5 fof the benefiiof yDung people P3Ee 23
Essex8ctys&Glrts aubsC.I.O. Notestothe finandi15Ut•ments fOrthearEndea3l December 2025 General Irfie.. ThÈgeneral income lund represenES grants reCed whKh are to fund expenditure relatingto a partiCUr 5pe(tofthe objects ofth& charity. asspec,fied bythe donor Any unspent amountsare c3rried fotyéard tothe followifi8 year to be expended in atcordanc wirh that specifled tyfhe donor. Purpose50f De518nated Fund5 Ac[MtSznd &nts. Fuftds raised specificallyfor nts and purtha51ng Equiprnentto be used byyoung peop In adveniurou5. [atiVe and sporting3cEwiiies have been desiEnaiety for th15 purpose. Educati andTTalnlng." Funds a raised froTn Stakehoers and sacial partner5to Enable thE tharityto take d15aifv3nta8ed yOUfi8 people aDd Iinpart life 5ki115 and Sl-e$reeM through a strvcwred coJrse enrilled and encouraginE'respett'. Addiiionalky. funds are specificaltyraised and designated to finance 3pprenticeships In Ihe delwery ofyourh workana seTvice5 afjd Ehe further education training ofihe ¢hariEV5 core 51alf and affiliated dub rnember% 10 mainiain iompetences and enhance thowledge In Ehe deliveryoffsupporiand s&rwcèsroyoun8 peoplè. outdoorACtCentres. The charitys outdoorand aoveniur0u5actiryr cenires at High Row In Cumbr13 and the freehold premises 31 Mae>y-Lède. Hereffordshire are maintained and sUPPOrted byappea15 grants designated expressfOr Ihis PUfP)se. Purpose ofendmentfijnd Rotért Laurle Memorlal Fund.. Col Roben Laurie Q B E I P sen(ed the Essex Charityol Bol5 Club5 from 1973 until h15 death In Augusi 2005 Ps Its Pre51dentfor manyyear5 h15 leadership inspired the Chariryto attain its obitsctivos with great success. As a permanent ie5timonythe Trustees h*¢e creaied è fund from General Resefve TO be maintained for che benefir ofyoung people from affiliaied metDber£lubs se5ected to broaden iheir educabon and characEer byreciprocal Interattion with Other youns people from overseascountries bywayof International Exchange schemes Th15 Fund Is clas51fied 35 an EdJcairon and Traning Restricted Fund. In 2025. no exchange wsit 10 Ihe UtOOk place and no funds from general fundingwere traYsferre(f io restricted fun(15 Further Qgramme$ are planned for 2026. Robln Mor8anendowment The Robin 0fn endoweIOf £79,973 relatesto an endowment forthe purpose of Youn8 People In ihe Halsiead area Currentlyno opportunity has yet been Identified to meeiihe terms olthe endowment. M•mterCbJb5 Ovtdoorcwtre rSary Fund. The sum of £I00.OW ha5 been sei aside Ifj 2014 out of8eneral reseive5 5pecificallyto provide financial as515tanceto ffjembEr clubs totakeyouns people OD atswityand trainins pro8ramrn Page 24
E&sex8tys &Glds aubsCI.O. Notsstothe flnandai#atsments flYthear ended 310ecember2025 Rdated p¥tytransathc*)s Key managemenrcomprises ofthe Dlrettor5 & TrJsrees and the CountyDirettor. Gfants Sales Recee Gran Recewed Purchase5 Jrchèses Sa$ Frenfordyouih Club 2&000 322 62.897 250 North Ae Youth Cefitre t 382 2.125 338 1,536 Crown 3nLI M4norClJb, Hoxio 255 277 EeN Council lorVolunt3ry Youih Se15 7.844 Ea5tof Englandand East Midlani RegTraI Youin Work Unir 2,400 Es5exYouth Trtssi 88.600 57.000 Che1rn5ford Hafway House Club 16.585 30 440D jack Peichey Foundation 2.572 203,976 199.912 Related pae$ Thecounty Direaor I.P DDuglas.Hughes OBE DL aTrd MI Dyer MBE P Drurpmond RC MI115 MBE theyear end. the charitywas owed £2512024.. £nill from Crown ènd Monor Club. Hoxron. Th&trustees of Essexksoci31ion of Boys Club5 In 2LK16 agreed to assuffle certaiTr pensK)n Dbie([es relathngto employee mu-.ualbJremtyed from a former underfunded Nati0nalA550ciatn uf Boy5 Club5sroup f.nal salary pen510 scheme These obiectves t4ean that futre contribuiioDs Into a replè£emeni personal pengon pi3n arÈ noi f..xeJ ènd In contributionsto be sufficieni 10 meet the obiettive5. cngeni1ab1lS In late 2019 Essex Boys & GirlsClJlK ceded cantrolof Stubbe15AdveniufÈ Centre èsa conseouence of ihe en-bloc resignarioTh of all muwal Irusiees and (jireor50f gtubber5 10 erable both charities io pursue their Sera[e and distièrate charitable obiectwes. As partofihs arrangement Essex Boys & Gir15 Club5 has prowded a 8uèranièètothe London 8orough tsf Haveringto a maximum Iiabilityof É500.000 a5 a condition of a 25 year lease dared 315lluty 20198rant bythe BoroDgh ta Stubber5 AdvenEure CenTre. This continÈwi liability Is matched bya contingent asset ifi the form Dla deed of Indemnity provided by Stubbers'new sponsors. rhai ihe unliketyeveni rhat StutA)ersAdvefjture Centrevacates It5 prErn15es within the terffl of the lease, Ihe leasewill revert KO th Charity. These circuFnstsnces have beèn considered ayd outline conEingen¢y planning Page 25
E5sex8w5 &GlrLsClub5 C.l.O. Notesto Ihefinandal statements fr(Iheyear ended31 December2025 ?& ConJngent Ilabl1eS((ontknued) We refer to Thore 14 regard8the arrangetnentsaround the County Dire(torf5 pen510n arraDgefflefjt. Aithe pre5enLtime the trustees 8nticipate the iurrent level of contribuiions bÈ5ufficieni io meÈE ifve Objettesnd no IatrIlS expetsed 10 Dunn8 the year undèrrewewme charityenrereo InEO a lease O8feementon rbe Lifston Boys Projettwirh theyouth InveSeThI Fund. If the clubwère unèble 10 pay, then rhe charity would be responsible for meeiinganyfJrure lease commiiments. Th annual lease paymenr is £4.500 and the lease expires In 2048. 17. PrlorJE•r re5t3tem During the year. Itwas disctyered Ihoi Ihe breakdown of re5eps In the batsnce sheetwas m1551&1ed In Ihe 2024 accounts As a endowment IvTrdswere undersiaiel bi £79.973 resiricied lundswere oversiated by Ihe same rigurè. The comparècNe fVre5 for 2024 have been resiaied 10 correci this error. There is no re5uIEing IncreaSWdecre8se In 10131 resen*s Page 26