The Fenner Frost Foundation CIC Re istration - 1167049 Trustees Annual Re ort- 2024 25
The Fenner Frost Foundation Is a CIO that was registered on the Ilih May 2016. The aim of the Fenner Frost Foundation is to support people with a learning disability to develop the skills required to access pald employment opportunities. They are supported to set up retail bu5inesse5, being involved with all aspects of running that business, including identifying and sourcing stock. Seing customers, handling money and undertake general shop dutie5. Its charitable objectives are to advance the education of adults with learning difficulties by developing their skills, capacitie5 and capabilities, enabling them to parti¢ipate positively in society as independent, mature and responsible adults. We seek to promote social in£lusion for adults with learning difficulties who are socially excluded by providing them with an opportunity to build capacity by establishing and growing a business to relieve the needs of those people and assist thein to integrate into society. Since it5 creatlon at the start of May 2016 the Fenner Frost Foundation has continually provided an excellent level of support to its Service users and a useful service to the local community. The charity provide5 education and work experience for its end 5Jsers via the operation of 3 second- hand record/music shop in Sittingbourne called RPM (Reaching People through Music).
Overview This year has been one of continued growth and consolidation for the Fenner Frost Foundation. We remain committed to supporting adults with learning disabilities to gain valuable workplace skills, build confidence, and progress towards volunteering and paid employment. With all 17 available places filled, our students aged between 24 and 44 have taken part in a wide range of training opportunities, placements. and community activities. What makes this year particularly significant is the growing evidence of how these experiences are translating into tangible long-term benefits for our students. Many are building independence through travel, financial management, and social inclusion, while others are taking the next step towards stable employment. These outcomes highlight the importance of ourstructured approach and personalised support framework. Student Actlvltles and Achlevements Throughout the year, students engaged in a broad mix of experiences designed to enhance independence and community inclusion. Highlights included- Attending courses in First Aid, Online Safety, and Cooking on a Budget at Sittingbourne Adult Education Centre. Regular karaoke and pizza nights, cinema trips, and social gathering5 such as the annual Christmas meal and Easter crafts. Taking part in a visit to Sittingbourne Police Station and attending the Royal Foundation Together at Christmas Community Carol SeNi¢e at Rochester Cathedral. A well-received annual holiday at Harts Holiday Park, Leysdown. These activities are more than simply recreational.. they build confidence, strengthen social bonds, and encourage students to try new experiences in safe and supportive settings. Each opportunity contributes to our mission of fostering greater independence and resilience among our learners. Work Placernents and Ernployment A Core focus of our mission contlftues to be helping students progress into extemal placements and work. Nine students gained additional work placements through FF. Placements included an estate agent, a local café, several Co-op stores, and Asda. Three students are now in paid employment, one working in administration at an accountant's office, and two employed directly by the charity in the RPM shop every othersaturday.
These achievements are a testament to the hard work of our students and the dedication of our staff. By creating clear pathways into employment and actively supporting students through training and mentoring, we are helpir)g to break down barriers that people with learning disabilitie5 often face in the job market. Each placement and paid opportunity not only provide financial independence but a150 enhances self-esteem and a sense of belonging within the wider community. Organisational Developments This year we said farewell to long-standing colleague, who retired in July and the other long- term members of the Team, our director Alison and our support worker Jill are also retiring at Christmas 2025. As such, the charity will be reviewing it5 staff Structure and looking to recruit for these roles over the summer/autumn of 2025, These transitions reflect both the challenges and opportunities of managing a growing organisation. Our focus is on ensuring continuity of support for our student5 while also bringing in new skills and ideas that will allow tss to adapt and strengthen our work for the future. Community and Fundraising We are grateful for the strong support of families, local businesses, and funding bodies. Key contribution5 thi5 year included: Yorkshire Building Society grant of £1,000. Queenborough Fisheries Trust grant of £2,500. Henry Smith Charity grant of £4,000. National Lottery Community Fund grant of £8,392 towards salaries. Selection as a Co-op Community Cause, with funds earmarked for student short breaks. Community fundraising efforts, including a tea party1£2471 and quiz night1£5531. In total, 11,118 donated items of vinyl, CD5, DVDS and cassettes were proce55ed through the RPM shop, further embedding us within the community. These contributions are essential to our sustainability. The blend of grassroots fundraising, local support, and national funding demonstrates confidence that a wide range of stakeholderfs place in our mission. We will continue to nurtu these relationships while also seeking new opportunities to diversify ourfunding base. Financial Summary The unaudited accounts for the yearended 31 July 2025 show:
Turnover: £74,118 {2024.' £64,323 Gross Profit.. £72,631 Net Loss: £2,80312024.' £11,198) Cash at bank.. £46,26312024= £48,740) Net Assets.. £46,79012024.' £49,593) While we again recorded a modest deficit, income growth and Careful financial management have reduced the loss significantly compared with 2024. This result underlines the resilience of the charity, particularly in a climate of rising costs. We remain in a stable position with adequate reserves to continue operations and to invest in strengthening our core 5ervice5. Looking Ahead As we rnove into the next year, ourfocus remains on.. Sustaining current student capacity while ensuring high-quality support. Expanding partnerships with local employers to increase external work placement opportunities. Continuing to develop the RPM shop as both a training environment and vital community hub. Building resllience In our funding mix to safeguard long-term sustainability. Ensure the smooth recruitment and transition of a new leadership and staff team. We believe that by strengthening both the financial and operational aspects of our charity, we can continue to deliver meaningful outcome5 for our students and their families. The year ahead will bring fresh challenges, but also many opportunities to innovate and deepen our impact. Three-year Financial Summary (2023-20251 Year Turnover Gross Proflt Net Result Cash at Bank {£1 59,418 48,740 46,263 Net Assets (£) 67,607 64,323 74,118 1£) 66.815 62,809 72,631 1£) 60,769 49,593 46,790 2023 2024 2025 -693 -11,198 -2,803
FFF Tntstees onrtualreport oppro¥ed by.. Jon Hymus Chair- The Fenner Frost Foundation October 2025 Trustee - The Fenner Frost Foundation October 2025
THE FENNER FROST FOUNDATION UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025 JENNIFER M RICHARDSON LIMTTED 32 Ststion Road Rainh8m Gillin9ham Kent ME8 7PH
The Fenner Frost Foundation ¢ontent5 Page Business Detai15 Approval Profit and Loss Aeeount Bolance Sheet Notes to the Aco)unts
The Fenner Frost Foundation Business Details For The Year Ended 31 Juty 2025 Proprletor The Fenner Frost founatIOn YE14NIFER M RICHARDSON UmED 32 Station Road R8inhanTr Gillingham Kent ME8 7PH Page I
The Fènner Frost Foundation Accounts Approval Statement For The Year Ended 31 July 2025 l approve these unaudited accourts which comprtse a Proff( L05$ AccouTrL Balance Sheet relèted notes. J acknowledge ffly responsibllity for the accounts includino the ptovision of all the Infvtriation and explanations necessary for the cornpletion. Signed TheF Pa9e 2
The Fenner Frost Foundatlon Profit and Loss Account For The Year Ended 31 July 2025 2025 2024 fvrnover Student Fee5 Produtt Sales Fundrdisiry and donations 47.366 9.390 17.342 51.067 9.371 3.885 74.118 64.323 Cost of S5 Purcha5e5 Waste disposal Other dtreLt Costs 79 1.408 741 1.487 741 GROSS PROPIT 72,631 63,582 Other Incorne Bank illtere51 receivable 968 1,221 73.599 64,803 gxpenditure Wages and salèries Employers pensions- defird contrlbvtbns scheme Staff trèJn1119 Health and safely costs Unifomis and clothin9 Staff and trustee er>tertaiTrirvJ Rent Rates Light and heat aeanino Computerseftware. consumables and tnainteDan Insuron Printin9, Postage and stationery Advertising and marketing Costs TekcOrnmunicatns and data costs Website costs Actountanty fees nces and subscrfptyons Bank charyes Social events aTHJ studetyt gifts gundry expenses 53.997 813 365 52.143 903 117 153 164 540 10,800 47 501 11,805 2t6 61Q 1,048 289 222 887 513 200 332 859 407 479 616 343 341 1.071 60 2,903 701 855 61 5,118 774 76,402 76,001 NET LOSS 12.803} 111,1981 Pa9e 3
The Fenner Frost Foundatlon 8alHnce Sheet As At 31 July 2025 202S 2024 FIXED ASSEYS Tangible Assets CURRENT ASSErs Cash at barik and in hand 1.967 1.987 46,263 48.740 CURRÈ14Y UABILITEES otherTaxes and Securty 1,134 NET CURREfiT ASSETS 44.803 47,606 TOTAL A55ETS LESS CURRENT LIABILrriES 46.790 49.593 NET ASSErs 46.790 49,593 CAprrAL AccoiIKr Balance at l August 2024 ProfiVILossI for the penodlyeèr 49,593 12,8031 60,791 111.1981 Balance Carrled Forward 46,790 49.593 P•Je 4
The Fennèr Frost Foundatlon Notes to the Accounts For The Year Ended 31 July 2025 l. Accountin4 Pollty These unaudited ac&wnts have been Ctsmeted in accorrfantr wlth UK Geneplly Accepted Accountlng Prart*ce 9e[lneS and provldes sufflclent an(5 relevant inforrnatlon to completw of 4 rax relrTh. 2. Tènglble Assets Pl•ht & Ma¢hlnery Total FJttln95 Equlpment Cost As at l August 2024 at 31 july 2025 6,316 134 6,530 6.316 80 134 6,530 Depreclatlon As at l August 2024 4,Y3 4,543 As at 31 July 2D25 4,543 4.543 Net Book Value As at 3J July 2025 1,7TJ 80 134 1,987 As at L August 2024 1.773 80 134 1.987 Page 5