Charity registration number 1166740
SECOND CHANCE CHARITY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 14 MAY 2025

SECOND CHANCE CHARITY
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
P Keevil
G Jordan
C Penfold
C Webb
E Jennings
N Gurung
S Keevil
C Le-Page
R Swift
(Appointed 22 January 20251
(Appointed 19 February 20251
(Appointed 23 May 2025)
Charlty number
1166740
Prlnclpal address
Melville Court
Brompton Hill
Brompton
Kent
ME4 4XL
Independent examlner
TC Group
Star House
Star Hill
Rochester
Kent
MEI IUX

SECOND CHANCE CHARITY
CONTENTS
Page
Trustees, report
Statement of trustees, responsibilities
Independent examiner's ￿pOrt
Statement of financSal activlties
Statement of financial position
Notes to the financlal statements
10-17

SECOND CHANCE CHARITY
TRUSTEES, REPORT
FOR THE YEAR ENDED 14 MAY2025
The trustees present their annual report and financial statements for the year ended 14 May 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note I to the
financial statements and comply with the charity's governing document, the Charities Act 2011 and "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 IF[6
1021 (effective l January 20191.
Objectlves and activities
AIMS
Second Chance Medway (Charity No.. 1166740}, working in the Communlty for the Communlty was set upfor the
relief and assistance of the homeless and people in crisis throughout Medway and surrounding areas. Second
Chance Medway aims to stop the revolvlng door of evictions for vulnerable families, provldin8 Tenancy and
Housing Support to establish an independent life, accesslble from our Community Centre located at 8￿MptOn,
with Food Aid also beln8 provided at the Community Supermarket wlthln the Centre.
Tenancy and Housing Support services Include awareness, education, incentives and support for Landlords and
Tenants. Crisis Support Including, Mental Health, Benefits, Debt and Budgeting Sk1115, Grants and Food Aid. Support
intervention for,. financial, socia I, employability, isolation, vulnerability, mental health or food and hygiene poverty
and varied support programs toward5 independent living in the community.
AcfiviTIES
With 12 Volunteers, workin8 on a flexible rota over a 5-day week, supporting families and individuals to encourage
and empower their selves and their families with the best possible chance in life. Our support raiss self-
confidence, self-esteem, improves social ability and reduces isolation. The support also reduces difficult behaviour
within the family which improves mental health and encourages strong family ties. Volunteers are US￿lIV ex-
service users themselves, recruited, trained and mentored by our experienced team. The Supermarket is set to
open over a 6-day week, wlth late night openin8 Thursday and Friday; thls will happen by Spring 2026.
ACHIEVEMENTS AND PERFORMANCE
Second Chance Medway Crisis Support Charlty ISCM} have had another successful year and has moved to the
Community Centre at Melville Court so that it could grow and develop it's Community Supermarket and
develop further Support Services to the Community.
SCM have had a general turnover of staff, being made mostly of volunteers. Although mostly volunteers, we have
a very good team at present, and all seem happy In thelr posts, One is pregnant so we will lose her eventually, but
all others currently want to stay.
The CEO and trustees are unpaid, and apart Catherine Le Page joining us, have remained the same.
The Centre continue5 to be rented to various organisations for their events, including, Medway Plus, Medwayish.
the Labour Party, Ukrainian Help Group, Nucleus Arts, Medway Electric, Homeless Forum, Medway Youth Art,
Brompton Pact, KCC and others.
We have signed up with the MVA Joy Scheme, and are hoping to receive some Grant money for our Housing
Solutions Project, and will also receive payments for any support referrals via the Joy Scheme.
The Hub has been returned to the Landlords and we are fully operational at the Centre in Melville Court. This
has been a successful move and allowed us to develop.

SECOND CHANCE CHARITY
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 14 MAY2025
We had to buy a replacement Van, due to the previous Van being written off by 3rd party driver, replacement
wa5 financed via insurance.
We have two major Schemes at present.
The Housing Solutions Scheme, to reduce Homelessness in Medway.
The Scheme documentation is available for reading, with a condensed version available for emailin8. Once this
Project is funded, we hope to take on further qualified Support Staff. We are in the process of discussing the
project with MC and other Organisations and Housing Projects, whose initial response at various meetings was
very encouraging. We are currently triallin8 various aspects of the Scheme, all of which are successful.
The Second Scheme is the continuation of the Food Aid Project, run via our Community Supermarket, now running
alongside the Community Pantry which offers even better value for monev.
The Pantry is held on a Thursday morning and Is with a minimum of ten items per week for £4.25. But this
depends on what the suppliers bring.
It is a membership scheme, and everyone pays a membership fee £17 per month by DD in advance,. that way the
Suppliers how much to bring to ensure everyone gets a choice,
From the membership fee we get IO% each member per month; and we have Just under 50 members at
present, risin8 weekly. We also get to keep any surplus stock at the end of the Pantryi as some members do
not always want all items offered.
Everyone is extremely satisfied with what the pantry has to offer, with many signin8 up for the Ccrnmunitv
Supermarket as well.
Everyone is welcome at both, The Supermarket and the Pantry, during these critical fi'nanclal times and
membership is required for both, whlch allows us to monitor and provide Funders with feedback.
We are now also listed on Medway Councll's website on their Food Network.
We get referra15 for the Supermarket from DWP, UC, MC, Schools, Churches, Social Servlces, Women's Refuges,
and other outside organisation; and often supply free food vouchers if needed.
At present we have approx., 8500 members at the Pantry & Supermarket and a further 6500 clients we are helping
or have helped with a combination of our support services, which include:
Food Aid (Supermarket & Pantry)
Housing Advice & Tenancy Support, all part of our Housing Solutions Scheme
Budgeting & Debt Management
Mental Health Support
DA Support
Under 25 Support
Grants, plus various other Support services, individually tailored to the client

SECOND CHANCE CHARITY
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 14 MAY2025
We are currently organising a Charity Art Auction, proceeds to go to our own Household Grant Fund account,
for applications to apply for food. utilities and other small funding requirements.
We have an improved Social Media presence bein8 worked on by volunteers, with a new website in the proces5 of
being redeveloped.
The Charity continues to grow and to be recommended by various external organisations that prove5 our name,
and reputation is across all areas of Medway.
FUND RAISING
Second Chance Medway have received funding from Chatham Charities, Kent Community Foundation, Colyer
Ferguson Community Trust, Kent Community Fund, the Philips Foundation, Tesco, Groundwork, Foyle Foundation,
Whitehead Monckton, Garfield Weston, Hobson Charity Souter, February Foundation and Medway Councillors
Ward Improvement Fundsi plus donations from local Business and the General Public.
Second Chance Medway are completing applications on a regular basis to further the fundlng for the general dav
to day expenses as well as getting services and projects financially supported. We are looking to athieve a higher
level of fundlng, wlth better understanding and achlevements. Second Chance Medway are looking to submit to
various fundin8 Streams, to fund each of our core projects and costs.
POLICIES AND PROCEDURES
Second Chance Medway will continue to monitor and update their Policies and Procedures, which will be review
each year and signed off by Trustees. The Trustees are meeting monthly to ensure we can be aware of the needs
of the Community and be prepared to offer whatever support that is required to get our Community through
these difficult times. Meetings are still generally via Zoom as it is difficult to meet for various reasons.
FUTURE PLANS
Second Chance Medway, Tenancy Support Servlce, wlll be run under the Housing Solution Project title, and
funded in its own rlght.
We are also lookin8 to outside Or8anlsations to Joln us at the Centre, to enable to offer all supp)rt services from
an Organisation 'under one roof,.
We have signed up with the MVA Joy Scheme and are hoping to receive some seed money for our Housing Project
and will also receive payments for any 5UPPOrt referrals via the Joy Scheme.

SECOND CHANCE CHARITY
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 14 MAY2025
FINANCIAL REVIEW
Total income for the year dropped to £126,939 from £154,421 in 2024, with a decrease in donations this year. The
charity has begun to rent out space within the centre leading to additional income.
General income, including Grants, takings and donations equate to approx. £10,500 per month.
Total expenditure has decreased to £124,295 from £141,580 in 2024, the main cause for this was due to an
decrease in food support costs.
Stock replenishment Is approx. £5,500 per month and we have a stock level of about £5,1)Jo.
Overall this has resulted in a surplus for the year of £2,64412024 - £12,841 surplus) and resulted in an Increase in
funds from £33,822 to £36,466 at the year end.
We have a general running balance of £5-IOK at bank, no regular amounts of cash are held, and we have no
restricted reserves. Our general reserves are 50methin8 we need to work on.
Reserves policy
It is the policy of the charity that unrestricted funds which have not been desi8nated for a specific use should be
maintained at a level equivalent to between three and Six month's expenditure, which with continued Grant
applications we are striving to achieve. The trustees consider that reserves at this level will ensure that, in the
event of a 5i8nificant drop in funding, they will be able to continue the charity's current attTrvities while
consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained
throughout the year.
Major risks
The trustees have assessed the major risks to which the charlty is exposed, and are satisfied that systems are In
place to mitigate exposure to the major risks.
Structure• governance and management
The name of the Charitable Incorporated Organlsation Ithe CIO) shall be Second Chance Medway Crisis Support
Charity.
The Governin8 Document was updated May 2025.
a. The Management Trustees are to be elected annually at the Annual General Meeting IAGMI and shall manage
the Charity. The Chair will be elected and confirmed by the majority of the trustees at the AGM.
b. The Management Trustees shall consist of the Chair, the Treasurer and the Charity Manager, and other Trustees
as elected at the AGM. There must be a minimum of three Trustees.
c. The Trustees shall meet at least 6 times each year.
d. At least 3 Trustees must be present at a Trustee meeting to be able to make decisions.
e. A proper record of all transactions and meetings shall be kept by the Chair.

SECOND CHANCE CHARITY
TRusfEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 14 MAY 2025
P Keevil
A Fitzpatrick
G Jordan
R Pataky
C Penfold
C Webb
E Jennings
H Kiralfy
N Gurung
(Resigned 31 July 2023)
(Resigned 31 May 20231
(Appointed 9 September 2023)
(Appointed 30 October 2023)
(Appolnted 30 October 2023)

SECOND CHANCE CHARITY
srATEMENT OF TRUSTEES, RESPONSIBILrriES
FOR THE YEAR ENDED 14 MAY2025
The trustees are responslble for preparlng the Trustees, Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting
Practice).
The law appllcable to charities in England and Wales requires the trustees to prepare fi'nancial statements for each
financlal year which glve a true and fair view of the state of affalrs of the charity and of the In(Dming resources
and application of resources of the tharity for Ihat year.
In preparing these flnancial statements, the trustees are required to:
select sultable accounting policies and then apply them consistently;
observe the methods and prlnclples in the Charlttes SORP,.
make judgements and esttmates that are reasonable and prudent;
state whether applicable accounung standards have been followed, subject to any materlal departyres disclosed
and explained in the flnancial statements; and
prepare the financial statement5 on the golng concern basls unless it is Inappropriate to presume that the charity
will continue in operation.
The tru5tee5 are responslble for keeping sufficient accounting records that d15cIose with reasonalle accuracy at
any time the fi'nancial position of the charity and enable them to ensure that the financial ststements comply with
the Charities Act 2011, the Charlty IAccounts and Reports) Regulations 2008 and the provisions of the trust deed.
They are also responsible for safeguarding the asset5 of the charlty and hence for taking reasonable steps for the
prevents'on and detec￿On of fraud and other irre8ularitles.
By order of the Board of Trustees
P Keevil
Trustee

SECOND CHANCE CHARITY
INDEPENDENT EXAMINER'S REPORT
TO THE TRusfEES OF SECOND CHANCE CHARITY
I report to the trustees on my examination of the financial statements of Second Chance Charity (the charity) for
the year ended 14 May 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance
with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity's fi'nancial statements carried out under settion 145 of the
2011 Act. In carrying Out my examination I have followed all the appllcable Dlrections glven by the Charity
Commission under section 145{5llbl of the 2011 Act.
Independent examiner's statement
I have completed my examinaiion. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect:
accountin8 records were not kept in respect of the charity as required by section 130 of the 2011Act; or
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable requirements concerning the fomi and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirementthat
the accounts give a true and fair view which Is not a matter considered as part of an independenl
examination.
I have no concerns and have come across no other matters in connection with the examination to whrh attention
should be drawn in this report in order to enable a proper understanding of the financial statements to be
reached.
S Meah FCCA
On behalf of TC Group
Star House
Star Hlll
Rochester
Kent
MEI IUX
Dated:....l.S...lli.,Aa

SECOND CHANCE CHARITY
STATEMENT OF FINANCIAL AcfiviTIES
INCWDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 14 MAY2025
Unrestricted
funds
2025
Unrestricted
funds
2024
Notes
Income and endowments from:
Donation5 and legacies
Charitable activities
Other income
110,833
5,480
10,625
154,421
Total Income
126,938
154,421
Expenditure on:
Charltable actlvities
Other expenditu
118,669
5,625
141,580
Total expendlture
124,294
141,580
Net income and movement In funds
12,841
Reconclllatlon of funds:
Fund balances at 15 May 2024
33,822
20,981
Fund balance5 at 14 May 2025
36,466
33,822
The statement of financlal activities Includes all galns and losses recognlsed In the year. All Income and
expenditure derlve from continuing activlties.

SECOND CHANCE CHARITY
srATEMENf OF FINANCIAL POSITION
AS AT14 MAY2025
2025
2024
Notes
Flxed assets
Tangible assets
li
20,626
25,051
Current assets
Stocks
Cash at bank and In hand
5,000
13,530
12,067
18,530
12,067
Credltors: amount5 fallln8 due wlthln
one year
13
{2,6901
{3,296}
Net current assets
15,840
8,771
Totsl a￿et$ less current11obllltie$
36,466
33,822
Income lund$
Unrestrlcted funds
36,466
33,822
36,466
33,822
The flnanclal statements were approved by the Truslees on ............
P Keevil
Trustee

SECOND CHANCE CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 14 MAY2025
Accounting policies
Charity information
Second Chance Charity is a charitable incorporated organisation, incorporated in England and Wales. The
registered office is 105 High Street, Chatham, Kent, ME4 4DH.
1.1 Accountin8 conventlon
The financial statement5 have been prepared in accordance with the charity's deed of trust, the Charities
Att 2011 and "Accounting and Reporting by Charities: Statement of Recommended Prattice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 102)" {as amended for accountin8 periods commencing from l January 20161.
The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provlslons In the SORP for charities applying FRS 102 Update Bulletin
I not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to
the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Re8ulations but which has since been withdrawn.
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 £.
The financial statements have been prepared under the historical cost convention. The principal a￿oUnting
policies adopted are set out below.
1.2 Golng concern
At the time of approvin8 the financial statements, the trustees have a reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseeable future. Thus the
trustees continue to adopt the going concern basis of accounting in preparing the linancial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the dlscretion of the trustees In furtherance of thelr charltable
objectives.
Restrlcted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions hwe been
met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been
notified of the donation, unless performance conditions require deferral of the amount. Income tax
recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of
the donation.
10-

SECOND CHANCE CHARITY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 14 MAY2025
Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a le8al 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 undertakin8 each
aciivity. 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 stsff costs are
allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Support costs are those costs incurred directly in support of expenditure on the objects of the company and
include project management carried out at Headquarters. Governance costs are those incurred in
connection with administration of the company and compliance with constitutional and statutory
requirements.
Charitable activities and Governance costs are costs incurred on the company's operations, including
support costs and costs relating to the governance of the company apportioned to charitable activities.
1.6 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.
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:
Flxtures and fittin8S
Computers
Motor vehlcles
5 years stralght Ilne
5 years stral8ht Ilne
5 years stralght Ilne
The 8ain 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.
1.7 Stocks
Stocks are stated at the lower of cost and estimated sellin8 price less costs to complete and sell. Cost
comprises direct materials and, where applicable, direct labour costs and those overheads that have been
incurred in bringing the stocks to their present location and condition. Items held for distribution at no or
nominal consideration are measured the lower of replacement cost and cost.
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be
incurred in marketing, selling and distribution.
11

SECOND CHANCE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 14 MAY2025
Accountin8 policies
(Continued}
Basicfinanciol assets
Basic financial assets, which include 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 the present value of the future receipts discounted at a market rate of interest. Financial
assets classified as receivable within one year are not amortised.
Boslcflnanclol Ilabilltles
Basic financial liabilities, including creditors and bank loans are Inltially recognlsed at transaction prlce unless
the arrangement con5￿tuteS a financing transaction, where the debt instrument is measured at the p￿sent
value of the future payments dlscounted at a market rate of interest. Flnanclal 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 or services that have been acqulred in the ordinary course of
operations 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 method.
Derecognltlon offinancial liabilities
Financial liabilities are derecognised when the charitls contractual obligations expire or are discharged or
cancelled.
Income from donations and le8acies
Unrestrlcted
funds
2025
Unrertricted
funds
2024
Donattons and 8ifts
110,833
154,421
Income from charitable activitles
Unrestricted
funds
2025
Unrestricted
funds
2024
Charitable rental income
5,480
12-

SECOND CHANCE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED)
FOR THE YEAR ENDED 14 MAY2025
Other Income
Unrestricted Unrestricted
funds
funds
2025
2024
Insurance claim
10,625
Charltable actlvlties
2025
2024
Furnlture grant
Food aid
Closing stock
Travelling and motor running costs
Customer Repalrs
1,496
29,836
15,000)
3,893
5,306
45,490
6,140
1,335
30,225
58,271
Share of support cost5 (see note 6}
Share of governance costs15ee note 6}
86,170
2,274
81,143
2,166
118,669
141,580
13-

SECOND CHANCE CHARITY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 14 MAY2025
Support costs
Support Governance
costs
costs
2025
Support Governan
costs
costs
2024
Staff costs
Depreciation
Rent
Consultancy
Mobiles, broadband &
phones
Insurance
Leased equipment
Legal and professional
Repairs and maintenance
Hub electricity
Marketing and designs
IT support
Office and kitchen
supplies
Meetings
Bad debt write off
8ank charges
Accountancv
21,376
5,798
10,396
20,110
21,376
5,798
10,396
20,110
18,961
4,044
12,063
22,345
18,961
4,044
12,063
22,345
4,183
497
1.083
1,578
4,12S
5,749
394
4,463
4,183
497
1,083
1,578
4,125
5,749
394
4,463
3,751
591
538
575
2,969
4,339
1,737
2,442
3,751
591
538
575
2,969
4,339
1,737
2,442
4,806
254
4,806
254
3,917
218
2,000
3,917
217
2,000
1,358
1,358
654
654
Independent examlner's
fees
2,274
2,274
2,166
2,166
86,170
2,274
88,444
81,143
2,166
83,309
Analysed between
Charitable activities
86,170
2,274
88,444
81,143
2,166
83,309
Governance costs includes payment5 to the independent examiner of £2,274 12024 - £2,166) for the
independent examination and accountancyfees.
Net movemerrt in funds
2025
2024
The net movement in funds is stated after charging/(creditingl:
Fees payable for the independent examination of the charity's financial
statements
Depreciation of owned tangible fixed assets
Loss on disposal of tangible fixed assets
2,274
5,798
5,625
2,166
4,044
14-

SECOND CHANCE CHARITY
NOTES TO THE FINANCIAL STATEMENTS IcoNfiNUED)
FOR THE YEAR ENDED 14 MAY2025
Trustees
Steven Keevil, trustee, ￿ceiVed remuneration of £20,110 {2024: £22,345) in the year for consultancy
services provided to the charity.
No other trustees (or any persons connected with them) received any remuneration or benefits from the
charity during the year.
Employees
The average monthly number of employees durlng the year was:
2025
Number
2024
Number
Employment costs
2025
2024
Wages and salaries
Soclal security costs
21,268
108
18,876
85
21,376
18,961
There were no employees whose annual remuneration was more than £60,000.
10 Taxatlon
The charity is exempt frorn tax on income and gains falling wlthin section 505 of the Taxes Act 1988 or
section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its
charitable objects.
15-

SECOND CHANCE CHARITY
NOTES TO THE FINANCIAL STATEMEMfs (CONTINUED)
FOR THE YEAR ENDED 14 MAY2025
11 Tangible fixed asset5
FSxture5 and
fittin85
Cornputer5 Motor vehlcle5
Tot•1
Cost
At 15 May 2024
Additions
Disposals
19,678
4,348
8,500
7,000
18,5001
32,526
7,000
18,500)
At 14 May 2025
19,678
4,348
7,000
31,026
Depreclatlon and Impairment
At 15 May 2024
Depreciation charged In the year
Ellminated Sn respect of dlsposals
2,539
3,936
2,063
870
2,875
992
12,8751
7,477
5,798
12,8751
At 14 May 2025
6,475
2,933
992
10,400
Carrylng amount
At 14 May 2025
13,203
1,415
6,008
20,626
At 14 May 2024
17,141
2,285
5,625
25,051
12 Stocks
2025
2024
Raw materlals and consumables
5,0(M)
13 Credltors: amount5 falllng due wlthln one year
2025
2024
Othertaxation and social security
Trade creditors
Accruals
93
49
2,548
237
56
3,003
2.690
3,296

SECOND CHANCE CHARITY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 14 MAY2025
14 Unrestrlrted 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. These include
designated funds which have been Set aside out of unrestricted funds by the trustee5 for specific purposes.
At IS May
2024
Incomlng
resources
Resources
expended
At 14 May
2025
General funds
33,822
126,938
(124,294}
36,466
Previous year:
At IS May
2023
Incomlng
resources
Resources
expended
At 14 May
2024
General funds
20,981
154,421
1141,5801
33,822
15 Related party transactfons
During the year, Second Chance Charity received donations totalling £NII12024 - £7,865) from MRS Property
Services Limited, who are a related partv.
As at 14 May 2025, the charlty was owed £Nil12024- £Nill by MRS Property Servlces Llmlted.
17-