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2025-08-31-accounts

Charity registration number 1165194

JUST LIKE US

AUDITED ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

JUST LIKE US

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees G Bowen
C Paouros
R Smith
T Ramsey
N Christie-Miller
S Morton
D J Gerring (resigned 7 August 2025)
Chief Executive Officer L Mackay
Charity number 1165194
Registered office 10 Snow Hill
London
EC1A 2AL
United Kingdom
Auditor Godfrey Wilson Limited
5th Floor, Mariner House
62 Prince Street
Bristol
BS1 4QD
United Kingdom
Accountants Sedulo London Limited
Office 605 Albert House
256 - 260 Old Street
London
EC1V 9DD
United Kingdom
Bankers Barclays Bank PLC
1 Churchill Place
London
E14 5HP

JUST LIKE US

CONTENTS

Page
Chair's Report 1 - 2
Trustees' report 3 - 8
Statement of trustees' responsibilities 9
Independent auditor's report 10 - 13
Statement of financial activities 14
Balance sheet 15
Statement of cash flows 16
Notes to the financial statements 17 - 33

JUST LIKE US

CHAIR'S REPORT

FOR THE YEAR ENDED 31 AUGUST 2025

I am grateful to my fellow Trustees, and to the staff, ambassadors and volunteers of Just Like Us, for their continued commitment to ensuring that LGBT+ young people can grow up feeling safe, valued and able to thrive.

Just Like Us exists because representation, belonging and understanding matter most when people are young. Our work focuses on meeting young people where they are, primarily in schools, and creating the conditions for empathy, confidence and acceptance to take root early. That purpose continues to guide every aspect of our work.

At the heart of the organisation is our Ambassador Programme. During the year, more than 400 trained LGBT+ young people shared their lived experiences with pupils across the UK through school talks. These sessions reached tens of thousands of students and continue to be one of the most powerful ways we challenge stereotypes, reduce prejudice and increase understanding. Schools consistently tell us that hearing directly from young LGBT+ role models has a lasting impact on school culture and pupil wellbeing.

In recognition of the growing financial pressures facing schools, we have taken deliberate steps to remove cost as a barrier to inclusion. Our Pride Groups programme became free to secondary schools, leading to significant growth and engagement. There are now nearly 800 secondary schools running Pride Groups, providing regular, peer-led spaces of support and belonging for LGBT+ young people and their allies. This represents a substantial increase on previous years and demonstrates the demand for sustained, in-school provision.

We are also reviewing the cost of our Ambassador School Talks programme, with a view to making talks free from 2025/26. With school budgets under sustained pressure, this decision reflects our belief that no young person should miss out on positive LGBT+ representation because of financial constraints.

School Diversity Week continued to expand its reach and influence. This year, the majority of UK schools engaged with School Diversity Week resources, reinforcing its position as one of the largest celebrations of LGBT+ inclusion in education. Alongside widespread use of our free classroom materials, an increasing number of schools also chose to fundraise for Just Like Us during the week, strengthening the connection between learning, allyship and action.

In 2024/25, we broadened our support offer to adults around young people. During the year we launched free, CPDaccredited e-learning for primary and secondary teachers on preventing anti-LGBT+ bullying, helping ensure that staff have the confidence and tools to intervene effectively. We also published our LGBT+ Guide for Parents and Carers, which has been widely endorsed and praised for its practical, accessible approach to allyship. We were awarded Charity of the Year at both the Metro Pride Awards and at the Diva Awards in 2025, and our CEO was amongst the 100 trailblazers honoured in the Diva Power List.

These achievements are only possible because of the generosity and trust of our supporters. I would like to thank our donors, corporate partners, volunteers and patrons for their continued belief in our work. In particular, I want to recognise the extraordinary fundraising efforts of our patron Jonathan Bailey, who raised over £33,000 for Just Like Us by running the Hackney Half Marathon. I am also delighted to welcome Dr Ronx as a new patron, who marked School Diversity Week by presenting an award to an outstanding young person.

This year also marked a transition in leadership. I would like to offer my sincere thanks to Daniel, who joined the Board in 2017 and served as Chair from 2019. Daniel provided thoughtful, steady and values-driven leadership through a period of significant growth and increasing external challenge. His commitment to strong governance, staff support and mission-led decisionmaking has left Just Like Us in a far stronger position, and I am deeply grateful for his contribution.

I became Chair in August, at the end of the financial year, and as I look ahead to my first full year in the role, I do so in a complex and demanding context. Schools continue to face intense financial pressure, the cost of living crisis affects families and charities alike, and the climate for trans and gender-diverse young people is increasingly hostile. Against that backdrop, our responsibility is clear: to stay focused on impact, to protect what works, and to ensure Just Like Us remains resilient, credible and effective.

Thank you to everyone who has supported Just Like Us over the past year. It is the collective effort of our staff, ambassadors, trustees, volunteers, partners and supporters that enables us to continue this vital work. Together, we are helping to create school environments where LGBT+ young people can belong and thrive.

JUST LIKE US

CHAIR'S REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

Christina Paouros Chair of Trustees

Date: 26 May 2026

JUST LIKE US

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 AUGUST 2025

The trustees present their annual report and financial statements for the year ended 31 August 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".

Objectives and activities

Just Like Us’ charitable objectives as declared in our Constitution are:

The promotion for the public benefit of equality and diversity and in particular on the grounds of sexual orientation and/or gender identity by:

The trustees take action to monitor and ensure that the charity acts to further these objectives in all its activities.

Vision and mission

Just Like Us (JLU) is the LGBT+ charity for young people working for a world where LGBT+ young people live awesome lives. Our mission is to empower young people to champion LGBT+ equality.

Public benefit

The trustees have referred to the Charity Commission's guidance on public benefit — including 'Public benefit: the public benefit requirement (PB1)' and 'Public benefit: running a charity (PB2)' — when reviewing the charity's aims and objectives and in planning its current and future activities.

The achievements and activities outlined in this report demonstrate the public benefit arising from the charity's activities.

JUST LIKE US

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

Key Activities

Ambassador Programme and School Talks

Just Like Us trains LGBT+ 18 to 25 year olds across the UK to speak in schools about LGBT+ allyship and provides a range of other activities such as skills workshops, panel and media speaking opportunities, and a mentoring scheme. The programme empowers LGBT+ young adults to use their voice, develop skills and find community.

Just Like Us’ research found that a quarter of LGBT+ young adults aged 18-25 go back into the closet at work. Our mentoring scheme, through corporate partner support, pairs our ambassadors with mentors who are senior LGBT+ professionals and experts in their field to empower them to be their authentic selves when navigating the workplace.

We now have our largest network of 18-25 year old ambassadors to date, with 498 LGBT+ young people trained across the UK. We trained 171 new ambassadors with training sessions throughout the year held in London, Manchester, Cardiff, Birmingham, Glasgow and online.

We continue to support a diverse ambassador cohort, supporting ambassadors who are people of colour, disabled, of faith, eligible for Free School Meals when at school, non-cis and not attending university.

277 places at skills workshops were taken up by ambassadors in 2024-5. This included CV and interview workshops, facilitation skills, public speaking, neurodiversity, article writing, media training and workshops with UK Parliament, and Student Minds on rest and resilience. In addition, 46 media pieces were written by ambassadors and 69 were paired with a mentor.

57,932 pupils saw ambassadors deliver a Just Like Us talk this year. Of the 335 School Talks delivered to 199 different schools, 148 (44%) were online and 187 (55%) were in-person. 72% of teachers surveyed felt their pupils’ acceptance of LGBT+ people had increased as a result of one of our school talks.

Number of pupils accessing an ambassador school talk over the last five years
2021 2022 2023 2024 2025
18,259 65,307 80,884 55,584 57,932

Pride Groups

A Pride Group is a lunchtime or after school club that provides a safe place for LGBT+ and ally young people to meet, learn and get support. Our Pride Groups programme supports secondary schools to set up and/or run their own group by providing training for school staff and pupil leaders, regular resources as well as posters and toolkit guides, interactive pupil projects, and access to a community network of participating school staff to facilitate peer support.

We have worked with 795 schools on the Pride Groups programme in 2024-25, which is a 93% increase on the 410 groups we had in 2023-24. We are in our second year of National Lottery funding, which has enabled us to maximise the programme with more resources and have an independent evaluation by the University of Derby. We have continued to offer Student Leader training, and reached 284 young people across 69 schools, on topics such as being a role model, speaking confidently and planning events. 98.1% of survey respondents positively rated the quality of the training as either good, very good or excellent. It was our second year of piloting Allies Week, and 176 schools took part in 2024/25.

JUST LIKE US

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

School network and new resource library

Our network of schools, colleges and school staff has grown again this year, with 12,559 staff in 8,260 schools signed up.

We’ve particularly focused on reaching Welsh and Scottish schools. We are now working with 137 primary schools and 119 secondary schools in Wales, whilst in Scotland we are working with 121 primary schools and 117 secondary schools. We have 1,565 faith schools using our resources too.

New resources available to school this year include the LGBT+ reading list 2024/25, assemblies on homophobic language for primary and secondary schools, form time sessions on cyberbullying, LGBT+ History Month posters and assemblies for primary and secondary schools, and mental health awareness week assemblies. These have been some of our most popular resources to date.

We developed our first e-learning for teachers in 2024-25, with courses on preventing anti-LGBT+ bullying in primary and secondary schools, and setting up a Pride Group. These courses are free to school staff and initial findings show that staff increase in confidence after completing the course. We will continue to develop courses and build on the feedback we have received.

School Diversity Week

We have separated the Resource Library from School Diversity Week, making the week a celebration of school community instead. We created resources including posters, a guide, assembly templates, circle time prompts and activity books for primary and secondary pupils. We were able to send physical resource packs to schools this year, and sent out 257 packs to schools. Just under 900 schools took part in a School Diversity Week activity.

LGBT+ Guide for Parents and Carers

Thanks to some funding, we designed a guide for all parents and carers to support them in becoming a better ally. It answers the most common questions parents ask about LGBT+ topics and was produced following consultation with more than 100 parents and LGBT+ young people who shared their experiences with Just Like Us. This resource is freely available on our website.

It has been another incredible year at Just Like Us. The trustees would like to thank all our volunteers for their time and skills given to Just Like Us to ensure more LGBT+ young people can thrive.

Fundraising practices

We rely on public donations to make our work possible, and remain hugely grateful to the generosity and commitment of all our supporters for helping us to raise vital funds.

We are committed to good fundraising practice and adhere to the Fundraising Regulator’s Code of Fundraising practice, of which we are members. We champion the Fundraising Promise ensuring that our fundraising is legal, open, honest, and respectful.

We invest in a number of different fundraising practices including fundraising from individuals, trusts and foundations, companies, schools and events including challenge events where we work with third parties. We do not carry out door-to door, street, private site, or telephone fundraising. We do work with commercial partners and are committed to ensuring and monitoring the ongoing compliance of third parties with the Fundraising Code of Practice and the law. All third-party work is governed by a contract or terms and conditions which set out the obligations of the parties involved.

We want to ensure that all of our supporters have a positive experience. We comply with General Data Protection Regulations and always ensure we respect the privacy and contact preferences of all our donors. We believe that no one should ever feel pressured into giving and take steps to ensure that the vulnerable are protected.

We respond promptly to requests to cease contact or to complaints. In line with our complaints policy, we ensure that all complaints are listened to and investigated thoroughly, addressed within an appropriate and timely manner, handled in confidence, and used to inform best practice. We received no complaints for our fundraising practices in 2024-25.

We are grateful to everyone who has supported our work, and would like to thank our generous and loyal supporters. Thank you to our volunteers who have been so generous with their time, the fundraisers who gave their time and energy to raise money for Just Like Us, and all of those who have kindly given donations and wish to remain anonymous.

JUST LIKE US

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Financial review

Financial position

The accounts show a surplus of £39,359 during the 12-month period to 31 August 2025 (2024: £75,622). Income was £1,141,092 compared to £1,307,096 in the 2023-24 reporting period and expenditure for the year was £1,101,733 compared to £1,231,474. The reduction in income and expenditure has also been driven by less in-kind support received by the charity, totalling £108,397 (2024: £242,055).

The team at Just Like Us have been shrewd, strategic and efficient during the ongoing cost of living crisis and the continuing hostile environment surrounding LGBT+ young people. As a result, Just Like Us has benefited from the support of companies, trusts, foundations, and individual donors, whose generosity has enabled the team to continue meeting the needs of LGBT+ young people across the UK.

Going concern

The accounts have been prepared on the assumption that the charity is able to continue as a going concern. However, the transphobic climate and the cost-of-living crisis are both likely to continue to impact the global economy and may in turn affect the charity’s fundraising in the coming year.

The trustees have considered the impact of this issue on the charity’s current and future financial position. At 31 August 2025, the charity held a cash balance of £357,935 and 4.5 months of free reserves (as detailed below). For this reason, the trustees consider that the charity has sufficient cash reserves to continue as a going concern for a period of at least 12 months from the date on which these financial statements are approved.

Reserves policy

As of 31 August 2025, total funds held by the charity were £552,541 (2024: £513,182), of which £26,161 was restricted (2024: £25,083) and £526,380 was unrestricted (2024: £488,099).

Total free reserves (unrestricted reserves less the value of unrestricted fixed assets but inclusive of fixed asset investments) were £510,856 (2024: £450,052). The trustees review the reserves policy annually and current policy is an aspirational target of 6 months’ and a minimum of 3 months’ expenditure to provide financial safety during the cost of living crisis.

Against budgeted expenditure of £1,168,472 for the 2025-26 financial year, free reserves represented around 5 months of expenditure at 31 August 2025. The trustees are therefore satisfied with the level of reserves held, while also aiming to increase this over the course of the 2025-26 year.

Principal funding sources

Charitable trusts and foundations

In 2024-25, we received generous support from a number of trusts and foundations including: The George Michael Fund, managed by The Talent Fund; Michael Bishop Foundation; Paul Hamlyn Foundation and the National Lottery Community Fund.

Corporate donations and sponsorship

We also received generous support from a number of corporate supporters including Deloitte, Salesforce, ASOS, Snowflake, BlackRock Gives, Flywheel Digital, Original Additions, Tesco, Travers Smith, Garnier, Novuna.

In-kind support

Just Like Us would like to thank Deloitte and Salesforce for pro-bono consultancy support, JCDecaux and OpenMedia for their advertising support, and Travers Smith for their ongoing legal support.

Individual donors

Generous donations from our major donors, primarily through our Founders’ Circle initiative, provides us with regular, sustainable support alongside a significant number of individuals who provide monthly and one-off donations, enabling us to support more LGBT+ young people.

JUST LIKE US

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Plans for future periods

As the charity enters its 10th year, Just Like Us’ programmes will continue to expand. To support this development we will continue strengthening our central systems and processes; outsourcing where appropriate, to support a more mature organisation. We will continue to ensure staff are able to access learning and development opportunities to support staff and trustee recruitment, retention, expertise and capacity; ensuring a robust and sustainable future. We will review and update the risk management register every quarter and ensure our fundraising practices continue to be highly strategic. Following the success of the LGBT+ Guide for Parents and Carers, we will be developing an LGBT+ Guide for Teachers to support their work with parents and pupils, and ensure greater allyship for all LGBT+ young people.

Ambassador Programme

We will develop a strategic plan and work in collaboration with other organisations to improve our regional presence and attract, and train, a larger and more diverse pool of LGBT+ young people across the UK. We will launch an Ambassador Panel to ensure young LGBT+ voices continue to inform and support Just Like Us’ mission and objectives at a strategic level. We will continue to lean into the core aims of this programme - ‘Use your voice, develop skills and find community’ - to increase our position as a youth centered organisation.

School Talks

Following a full review of the programme, we aim to make this programme free to all schools in the UK. We will improve the evaluation of feedback from pupils, teachers and ambassadors to enhance our assessment of the programme's impact and continue to streamline our processes. We will also continue to offer school talks that reflect key moments in the calendar (Anti-Bullying Week, LGBT+ History Month, Pride Month) and continue to support ambassadors to deliver high quality talks across hundreds of schools.

Resource Library

Following the success of the reach of our networks of schools, we will continue to reach more primary schools. We will build on key awareness day resources for primary and secondary schools across the UK and develop more free e-learning courses for teachers in primary and secondary schools.

School Diversity Week

We encourage schools to take action, no matter how small, to celebrate their local school community and LGBT+ people and families. We will encourage schools to fundraise for us, to use our resources across their assemblies, classes and after-school activities. We are developing our tools for measuring engagement as part of this work.

Pride Groups

With the support of the National Lottery Bringing Communities Together funding and researchers at the University of Derby, we will continually evaluate and improve the Pride Groups programme. We will measure engagement in the programme across schools and encourage them to explore allyship through Allies Week resources, supporting student-led activities in school.

Fundraising

In order to support the organisation’s objectives, values and financial sustainability we will continue growing our fundraised income, with a focus on diversifying our income. We will develop a clear and strategic approach to our Individual Giving and Community fundraising, as well as continuing to grow and develop our Major Gifts programme, Trusts and Corporate Partnerships.

Patrons

We will continue to work closely with our Patrons to support our partnerships, reach and gravitas.

Structure, governance and management

Governing document

The charity Just Like Us is a Charitable Incorporated Organisation, registered on 18 January 2016 and is controlled by its governing document, a constitution. The charity is governed by a board of trustees who meet regularly during the year.

JUST LIKE US

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

The trustees who served during the year and up to the date of signature of the financial statements were:

G Bowen

C Paouros R Smith D J Gerring (Resigned 7 August 2025) T Ramsey N Christie-Miller S Morton

Recruitment and appointment of trustees

In the year to August 2025, the charity was managed by the board of trustees selected on their commitment to their charitable objectives and relevant skills. When selecting trustees, Just Like Us aims to ensure there is a broad range of relevant skills and will endeavour to review this and appoint new trustees in 2025-26.

Trustees are appointed after interviews with existing trustees and a formal induction to ensure they understand our vision, mission and values. Trustees are subject to Disclosure and Barring Service checks where applicable.

Remuneration policy

Remuneration for the key personnel is derived by benchmarking the role with a view to paying the market rate. The benchmarked salaries are reviewed and agreed by the trustees.

Diversity

Just Like Us is committed to the diversity of our workforce, volunteers and beneficiaries. We believe that we have a duty to represent the communities we seek to serve. Just Like Us aims to conduct an annual review to address underrepresentation.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The trustees' report was approved by the Board of Trustees.

C Paouros

Chair of Trustees

26 May 2026

JUST LIKE US

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 AUGUST 2025

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

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.

In preparing these financial statements, the trustees are required to:

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

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

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Auditors

Godfrey Wilson Limited were re-appointed as auditors to the charity during the year and have expressed their willingness to continue in that capacity.

On behalf of the board:

C Paouros Chair of Trustees

Date: 26 May 2026

JUST LIKE US

INDEPENDENT AUDITOR'S REPORT

TO THE TRUSTEES OF JUST LIKE US

Opinion

We have audited the financial statements of Just Like Us (the ‘charity’) for the year ended 31 August 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

JUST LIKE US

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF JUST LIKE US

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ report. We have nothing to report in respect of the following matters in relation to which the Charities Act 2011 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to cease operations, or have no realistic alternative but to do so.

JUST LIKE US

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF JUST LIKE US

Our responsibilites for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The procedures we carried out and the extent to which they are capable of detecting irregularities, including fraud, are detailed below:

(1) We obtained an understanding of the legal and regulatory framework that the charity operates in, and assessed the risk of non-compliance with applicable laws and regulations. Throughout the audit, we remained alert to possible indications of noncompliance.

(2) We reviewed the charity’s policies and procedures in relation to:

(3) We inspected the minutes of trustee meetings.

(4) We enquired about any non-routine communication with regulators and reviewed any reports made to them.

(5) We reviewed the financial statement disclosures and assessed their compliance with applicable laws and regulations.

(6) We performed analytical procedures to identify any unusual or unexpected transactions or balances that may indicate a risk of material fraud or error.

(7) We assessed the risk of fraud through management override of controls and carried out procedures to address this risk. Our procedures included:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. Irregularities that arise due to fraud can be even harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

JUST LIKE US

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF JUST LIKE US

Use of our report

This report is made solely to the charityʼs trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charityʼs trustees those matters we are required to state to them in an auditorʼs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charityʼs trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Godfrey Wilson Limited

27 May 2026

GODFREY WILSON LIMITED

Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD

Godfrey Wilson Limited is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

JUST LIKE US

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2025

Unrestricted
funds
2025
Notes
£
Income from:
Donations and legacies
3
544,187
Charitable activities
4
16,299
Other trading activities
5
56,052
Investments
8,088
Total income
624,626
Expenditure on:
Raising funds
6
180,761
Charitable activities
7
405,584
Total expenditure
586,345
Net income/(expenditure) before
taxation
38,281
Tax payable
12
-
Net
income/(expenditure)
and net movement in
funds
9
38,281
Reconciliation of funds:
Fund balances at 1 September
2024
488,099
Fund balances at 31 August 2025
526,380		 Restricted
funds
2025
£
516,466
-
-
-
516,466
69,622
445,766
515,388
1,078
-
1,078
25,083
26,161		 Total
Unrestricted
funds
2025
2024
£
£
1,060,653
679,417
16,299
67,037
56,052
200,660
8,088
9,201
1,141,092
956,315
250,383
145,908
851,350
678,290
1,101,733
824,198
39,359
132,117
-
26,869
39,359
105,248
513,182
382,851
552,541
488,099		 Restricted
funds
2024
£
350,781
-
-
-
350,781
27,868
352,539
380,407
(29,626)
-
(29,626)
54,709
25,083		 Total
2024
£
1,030,198
67,037
200,660
9,201
1,307,096
173,776
1,030,829
1,204,605
102,491
26,869
75,622
437,560
513,182

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

JUST LIKE US

BALANCE SHEET

AS AT 31 AUGUST 2025

Notes
Fixed assets
Intangible assets
14
Tangible assets
15
Investments
16
Current assets
Debtors
17
Cash at bank and in hand
Creditors: amounts falling due within one year
18
Net current assets
Total assets less current liabilities
The funds of the charity
Restricted funds
20
Unrestricted funds
20		 2025
£
100,855
357,935
458,790
101,773		 £
10,435
5,089
180,000
195,524
357,017
552,541
26,161
526,380
552,541		 2024
£
142,436
292,718
435,154
140,019		 £
34,625
3,422
180,000
218,047
295,135
513,182
25,083
488,099
513,182

The financial statements were approved by the trustees on 26 May 2026

C Paouros

Chair of Trustees

JUST LIKE US

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 AUGUST 2025

Notes
Cash flows from operating activities
Cash generated from operations
25
Investing activities
Purchase of intangible assets
Purchase of tangible fixed assets
Proceeds from disposal of tangible fixed assets
Investment income received
Net cash (used in)/generated from investing
activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2025
£
(4,800)
(4,186)
77
8,088		 £
66,038
(821)
65,217
292,718
357,935		 2024
£
-
(367)
-
9,201		 £
55,958
8,834
64,792
227,926
292,718

The charity had no material debt during the year.

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

Charity information

Just Like Us is a Charitable Incorporated Organisation registered in England and Wales. The registered office is 10 Snow Hill, London, EC1A 2AL.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's constitution, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

1.2 Going concern

At the time of approving the financial statements and having a due regard to the impact of the economic climate, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Therefore, the Trustees continue to adopt the Going Concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Donations

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over them, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item, is probable and the economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

(Continued)

Grants

Income from government and other grants, whether 'capital' grants or 'revenue' grants, are recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received, and the amount can be measured reliably.

Where the charity determines that a grant agreement does not impose specified future performance-related conditions income is recognised when the grant proceeds are received or receivable.

Where the charity determines that a grant agreement imposes specified future performance-related conditions, funds are initially recognised as deferred income within creditors and released to income as the conditions are met and the charity has entitlement to the funds.

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Support and governance costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity's activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities in the same proportion as staff costs.

2025 2024
Raising Funds 22% 16%
Charitable Activities 78% 84%

1.6 Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Intangible assets will be capitalised if their purchase price or market cost exceeds £500 per individual item or group of related items purchased together.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Software 10% on cost

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

(Continued)

1.7 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Tangible fixed assets will be capitalised if their purchase price or market cost exceeds £500 per individual item or group of related items purchased together.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer Equipment

25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.8 Fixed asset investments

Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date. Any change in fair value will be recognised in the statement of financial activities. Investment gains and losses, whether realised or unrealised, are combined and shown in statement of financial activities. The charity does not acquire put options, derivatives or other complex financial instruments.

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10 Financial instruments

Basic financial assets

Basic financial assets, which includes debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less, if not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest rate method.

1.11 Retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

(Continued)

1.12 Leases

Rentals payable under operating leases, including any lease incentives received, are charged as an expense on a straight line basis over the term of the relevant lease.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Critical judgements:

Donated goods and services

The trustees have exercised judgement in relation to the recognition of donated goods and services in the year ended 31 August 2025 and note that the value recognised in the year has a material effect on the financial statements.

The need for judgement has arisen in relation to the valuation of goods and services received by charity. In line with the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)", the trustees are required to recognise such gifts on the basis of the value to the charity and with reference to the amount the charity would pay in the open market for an alternative item of similar benefit.

The trustees note that donated goods and services received in the year largely relate to donated consultancy and legal services from businesses which are considered market leaders in their areas of expertise and therefore command high fees. It is also noted that volume of donated services received exceed those usually obtained by a similarly sized charity and are a result of the charity's strong corporate partnerships with the donors.

It is acknowledged that the charity, should it have procured these services independently, would have spent less on consultancy and legal advice. However, the trustees have considered whether, given the high quality of services actually received, it would be accurate to consider the alternative cheaper services it may have procured as items of similar benefit. In view of the higher quality of the services received, the trustees have therefore judged that the donated services should be recognised per the billable values provided by the donors which reflect the true value to the charity of the services received.

Key sources of estimation uncertainty

As noted above, a key area of estimation uncertainty relates to the value of donated goods and services. The trustees note that in order to reach a valuation for the financial statements they have relied on detailed information from the donors which outline the billable value of the services received. The trustees consider these valuations to be sufficiently accurate for inclusion in the financial statements as they have been vouched for by the donors and have been considered in relation to equivalent market rates for services of similar quality and value.

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

3 Income from donations and legacies

Unrestricted
funds
2025
£
Donations and gifts
380,092
Grants
55,698
Donated goods and services
108,397
544,187
Donations and gifts
Corporate donations
231,676
Donations from individuals
143,439
Donations from schools
4,977
380,092		 Restricted
funds
2025
£
-
516,466
-
516,466
-
-
-
-		 Total
Unrestricted
funds
2025
2024
£
£
380,092
319,594
572,164
117,768
108,397
242,055
1,060,653
679,417
231,676
148,968
143,439
160,782
4,977
9,844
380,092
319,594		 Restricted
funds
2024
£
-
350,781
-
350,781
-
-
-
-		 Total
2024
£
319,594
468,549
242,055
1,030,198
148,968
160,782
9,844
319,594

Donated goods and services

Donated goods and services recognised in the year relate to donated legal and consultancy services, training venues and related costs for the ambassador programme, and donated laptops. The key judgements and accounting estimates made by the trustees in relation to donated goods and services are explained in note 2 to the financial statements.

4 Income from charitable activities

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Promotion of equality and diversity
Pride Groups - 24,847
School talks 15,232 36,389
Other 1,067 5,801
16,299 67,037

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

5 Income from other trading activities

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Sponsorships and commercial participation 55,219 198,106
Founders' Circle 583 596
Rainbow Ribbons 250 1,958
Other trading activities 56,052 200,660

6 Expenditure on raising funds

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Fundraising and publicity
Staging fundraising events
23
-
Consultants
30,348
9,400
Other fundraising costs
405
6,850
Staff costs
75,362
53,372
Support costs
74,623
-
180,761
69,622		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
23
2,168
-
39,748
4,955
-
7,255
2,920
-
128,734
65,085
27,868
74,623
70,780
-
250,383
145,908
27,868		 Total
2024
£
2,168
4,955
2,920
92,953
70,780
173,776

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

7 Expenditure on charitable activities

Promotion of Promotion of
equality and equality and
diversity diversity
2025 2024
£ £
Direct costs
Staff costs 461,072 506,406
Awareness campaigns & communications 48,382 81,987
Volunteering programme 52,768 40,142
Education programme 24,552 34,964
586,774 663,499
Share of support and governance costs (see note 8)
Support 238,725 337,430
Governance 25,851 29,900
851,350 1,030,829
Analysis by fund
Unrestricted funds 405,584 678,290
Restricted funds 445,766 352,539
851,350 1,030,829

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

8 Support costs allocated to activities

Staff costs
Depreciation, amortisation and impairment
Computer and website
Office and admin costs
Professional services
Other staff costs
Insurance
Rent
Irrecoverable VAT
Travel and subsistence
Bank charges
Governance costs
Analysed between:
Fundraising
Promotion of equality and diversity
Governance costs comprise:
Audit fees
Accountancy fees
9
Net movement in funds
Net movement in funds is stated after charging/(crediting)
Fees payable for the audit of the charity's financial statements
Under-accrual for prior year audit of the charity's financial statements
Depreciation of owned tangible fixed assets
Loss on disposal of tangible fixed assets
Amortisation of intangible assets
Impairment of intangible assets
Operating lease charges		 2025
£
74,526
31,432
34,693
20,924
80,190
1,286
1,663
27,006
31,036
2,856
444
33,143
339,199
74,623
264,576
339,199
2025
£
10,938
22,205
33,143
2025
£
9,500
1,438
2,442
77
5,050
23,940
27,006		 2024
£
67,024
7,580
20,517
23,297
213,753
1,020
1,881
42,471
26,874
3,279
514
29,900
438,110
70,780
367,330
438,110
2024
£
9,000
20,900
29,900
2024
£
9,000
-
2,530
-
5,050
-
40,301

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

10 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.

11 Employees

The average monthly number of employees during the year was:

Programme and admin staff
Employment costs
Wages and salaries
Social security costs
Other pension costs
The number of employees whose annual remuneration was more than £60,000 is as
follows:
£60,000 - £69,999
£70,000 - £79,999		 2025
Number
14
2025
£
576,098
60,506
27,728
664,332
2025
Number
1
1		 2024
Number
14
2024
£
583,772
56,459
26,152
666,383
2024
Number
1
-

Remuneration of key management personnel

The key management personnel of the Charity consists of the Board of Trustees and the CEO, Director of Development, Director of Comms and Director of Programmes. The Trustees receive no remuneration or benefits. The total benefits received by key management personnel in the year was £278,719 (2024: £268,124).

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

12 Taxation 2025 2024
£ £
UK corporation tax on profits for the current - 26,869
period
Total UK current tax - 26,869
Total current tax - 26,869
13 Impairments

Impairment tests have been carried out where appropriate and the following impairment losses have been recognised in profit or loss:

In respect of:
Intangible assets
14
Intangible fixed assets
Cost
At 1 September 2024
Additions - separately acquired
At 31 August 2025
Amortisation and impairment
At 1 September 2024
Amortisation charged for the year
Impairment losses
At 31 August 2025
Carrying amount
At 31 August 2025
At 31 August 2024		 2025
2024
£
£
23,940
-
Software
£
50,500
4,800
55,300
15,875
5,050
23,940
44,865
10,435
34,625		 2024
£
-
55,300
15,875
5,050
23,940
44,865
10,435
34,625

More information on the impairment arising in the year is given in note 13.

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

15
Tangible fixed assets
Cost
At 1 September 2024
Additions
Disposals
At 31 August 2025
Depreciation and impairment
At 1 September 2024
Depreciation charged in the year
Eliminated in respect of disposals
At 31 August 2025
Carrying amount
At 31 August 2025
At 31 August 2024
16
Fixed asset investments
Cost or valuation
At 1 September 2024 & 31 August 2025
Carrying amount
At 31 August 2025
At 31 August 2024
17
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income		 Computer
Equipment
£
10,767
4,186
(3,792)
11,161
7,345
2,442
(3,715)
6,072
5,089
3,422
CCLA Deposit
Account
£
180,000
180,000
180,000
2025
2024
£
£
14,632
100,801
77,496
9,922
8,727
31,713
100,855
142,436

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

18
Creditors: amounts falling due within one year
Notes
Corporation tax payable
Other taxation and social security
Deferred income
19
Trade creditors
Other creditors
Accrued expenses
19
Deferred income
Deferred income		 2025
£
47,612
9,098
475
2,327
4,588
37,673
101,773
2025
£
475		 2024
£
47,612
23,216
4,675
12,714
3,692
48,110
140,019
2024
£
4,675

Deferred income is included in the financial statements as follows:

The value of income received in the year ended 31 August 2025 relating to school talks that will be delivered after the balance sheet date is recognised as deferred income in creditors.

Deferred income is included within:
Current liabilities
Movements in the year:
Deferred income at 1 September 2024
Released from previous periods
Resources deferred in the year
Deferred income at 31 August 2025		 2025
£
475
4,675
(4,200)
-
475		 2024
£
4,675
11,775
(11,775)
4,675
4,675

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

20 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 September Incoming Resources At 31 August
2024 resources expended 2025
£ £ £ £
National Lottery Community Fund - Bringing People
Together 10,952 144,908 (144,775) 11,085
Paul Hamlyn Foundation 11,120 66,500 (77,620) -
National Lottery Awards for All - Wales 3,011 - (3,011) -
Christopher Graham Bell Charitable Trust - 15,000 (15,000) -
BlackRock Foundation - 18,819 (18,819) -
The George Michael Fund, managed by The Talent
Fund - 30,000 (30,000) -
Wellington Management UK Foundation - 40,000 (40,000) -
Westminster Foundation - 10,745 (10,745) -
Deloitte - 5 Million Futures - 50,000 (50,000) -
David and Ruth Lewis Family Charitable Trust - 60,000 (60,000) -
National Lottery Community Fund - Reaching
Communities England - 65,494 (50,418) 15,076
National Philanthropic Trust UK - 15,000 (15,000) -
25,083 516,466 (515,388) 26,161
Previous year: At 1 September Incoming Resources At 31 August
2023 resources expended 2024
£ £ £ £
National Lottery Community Fund - Bringing People
Together 993 138,588 (128,629) 10,952
Paul Hamlyn Foundation 13,000 66,500 (68,380) 11,120
Wellington Management UK Foundation - 35,000 (35,000) -
Nicholas Berwin Charitable Trust 1,250 - (1,250) -
National Lottery Awards for All - Wales - 20,000 (16,989) 3,011
Esmée Fairbairn Foundation 32,999 - (32,999) -
Tides Foundation 1,717 15,693 (17,410) -
Deloitte - 50,000 (50,000) -
Christopher Graham-Bell Charitable Trust 1,250 15,000 (16,250) -
M&G Community Fund 3,500 - (3,500) -
National Philanthropic Trust UK - 10,000 (10,000) -
54,709 350,781 (380,407) 25,083

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

20 Restricted funds

(Continued)

National Lottery Community Fund - Bringing People Together

This funding supports activities associated with the running of the Charity's Pride Groups Programme, including resource development, teacher training, marketing and a new officer role.

Paul Hamlyn Foundation

This funding supports the charity's Ambassador Programme, including the recruitment, training and support of LGBT+ volunteers aged 18-25 across England and Wales.

National Lottery Awards for All - Wales

This is grant funding to supported the recruitment of more LGBT+ volunteers in Wales and the Charity's work with Welsh schools.

Christopher Graham-Bell Charitable Trust

This funding supported staff roles across the Charity's Education programmes.

BlackRock Foundation

This funding supports the Charity’s Ambassador Programme.

The George Michael Fund, managed by The Talent Fund

This funding supported the creation and distribution of an LGBT+ guide for parents and carers.

Wellington Management UK Foundation

This funding supported the Charity's outputs across its Pride Groups and Ambassador Programmes and the delivery of School Talks.

Westminster Foundation

The purpose of the grant is to enable the Charity to occupy office space at Fivefields.

Deloitte

This funding supported the marketing and running of the Ambassador Programme.

Ruth and David Lewis Family Charitable Trust

This funding supported the Charity's core programmes - School Diversity Week, School Talks and Resources.

National Lottery Community Fund - Reaching Communities England

This funding supports the growth of the Charity’s Ambassador Programme across London and the South East of England.

National Philanthropic Trust UK

Funding in 2024-25 financial year supported the Charity's core programmes - School Diversity Week, School Talks and Resources. Funding in the 2023-24 financial year was for the Pride Group Programme.

Nicholas Berwin Charitable Trust

This funding in 2023-24 supported staff within our Development team to grow our fundraised income and diversify our funding streams.

Esmée Fairbairn Foundation

This funding in 2023-24 supported the diversity of the Charity's Ambassador Programme and the provision of skills workshops to the Charity's volunteers.

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

20 Restricted funds

(Continued)

Tides Foundation

This grant in 2023-24 supported the Charity's the Ambassador Programme, including contributions to the costs of the Volunteer Manager and Volunteering Officer as well as an email and social media ambassador recruitment campaign.

M&G Community Fund

This was funding in 2023-24 for the Pride Groups Programme with a particular focus on its expansion further into Wales.

21 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used.

At 1 September At 1 September Incoming Resources Transfers Tax payable At 31 August
2024 resources expended 2025
£ £ £ £ £ £
General funds 488,099 624,626 (586,345) - - 526,380
Previous year: At 1 September Incoming Resources Transfers Tax payable At 31 August
2023 resources expended 2024
£ £ £ £ £ £
General funds 382,851 956,315 (824,198) - (26,869) 488,099
Analysis of net assets between funds
Unrestricted Restricted Total
funds funds
2025 2025 2025
£ £ £
Fund balances at 31 August 2025 are represented by:
Intangible fixed assets 10,435 - 10,435
Tangible assets 5,089 - 5,089
Fixed asset investments 180,000 - 180,000
Current assets/(liabilities) 330,856 26,161 357,017
Net current assets/(liabilities) 526,380 26,161 552,541

22 Analysis of net assets between funds

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

22 Analysis of net assets between funds (Continued)
Unrestricted Restricted Total
funds funds
2024 2024 2024
£ £ £
Fund balances at 31 August 2024 are represented by:
Intangible fixed assets 34,625 - 34,625
Tangible assets 3,422 - 3,422
Fixed asset investments 180,000 - 180,000
Current assets/(liabilities) 270,052 25,083 295,135
Net current assets/(liabilities) 488,099 25,083 513,182

23 Operating lease commitments

Lessee

At the reporting end date the charity had outstanding commitments for future minimum lease payments under noncancellable operating leases, which fall due as follows:

2025 2024
£ £
Within one year - 8,145

24 Related party transactions

In the year ended 31 August 2025 the charity received income totalling £9,600 (2024: £5,000) related to sponsorship of its mentoring programme, and donated legal services valued at £86,635 (2024: £85,857) from Travers Smith LLP. Daniel Gerring is a partner of Travers Smith LLP and served on the board of the charity during the year.

In the year, the charity received unrestricted donations totalling £11,941 from trustees. There were no attached conditions.

JUST LIKE US

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

25 Cash generated from operations 2025 2024
£ £
Surplus for the year 39,359 75,622
Adjustments for:
Investment income recognised in statement of financial activities (8,088) (9,201)
Amortisation and impairment of intangible assets 28,990 5,050
Depreciation and impairment of tangible fixed assets 2,442 2,530
Movements in working capital:
Decrease/(increase) in debtors 41,581 (22,648)
(Decrease)/increase in creditors (34,046) 11,705
(Decrease) in deferred income (4,200) (7,100)
Cash generated from operations 66,038 55,958