REGISTERED CHARITh. NUMBER: 1167816 Ambition Aspire Achieve Repbrt of the Trustee5 and Audited FinaThcial Statements for the l'ear Ended 31 Mareh 2025 for Ambit￿￿ Aspire Achieve Aecountax Auditing Ltd Unit 8. DoeK-Offi¢¢s, Surr¢y Quays Roa London SE16 ?XU Ambition Aspire Achi￿¢ Contents Df the Tr'inanci*l &itstements for the Year Ended 31 Mareb 2025 Page Reference and Administrative Details Report of the Trustees 2 to 16 Report of the Independent Auditors 17 to 19 Statanent of Finaneial AetivitiLs 20 BaiaDce Sheet 21 Ststement of Cash Flows 22 Iyotes to the StAtemeDt of C￿h FIDws 23 L¥otes to the Flnanelal StatemeDts 24 to 33 Ambition Aspire Aehieve RÈftr¢nee Administrntive Details for the Year Ended 31 MAr¢h 2025 TRUSTEES Ms Christine Bowden Mr Colin Anthew Grainger Ms Ildiko Melba Palhazy Mr Haydn Powell Mr David Burns Ms Sarah Ruiz Mr Ew8txc¢ B¢lle-vue (resigned 30.4.24) Ms Karen Ay Ms Sharon Kaur Mr Steve Cameron Mr John B¢rgin Mrs Helen Pag¢ Mrs Carleene L£e-Phakoe (￿Sl￿ed 30.4.24) Mr Mark Pcrkins REGISTERED OFFICE Teren(% Brown Arc in the Pa Herniit Road Park Bethell Avenue Conning Town London E164JT RECISTERED CHAIUTY NUMBER 1167816 (England and Wales) AUDITORS A¢tountsx Auditing Ltd Unit 8, th)¢k-oifi¢e& Sunty Quays Roa London SE16 2XU LEGAL ADVISOR SA LLP KEY MANACEMEKr Mr Jonathan Ichief Executive) Ms Tratty Pe￿ (Ikputy Chief Executive and F]nan(Y Manager) (Startitig l Octrjlxr 2025) Ms Paula Blake (0[￿￿tiOnS Manag¢r) Pag¢ I Ambition Aspire Achieve RepDrt of the'l'rustees for the Yewr Ended 31 March 2025 Th¢ trustees have adopted thc provisions of Accounting and Rep)rting by Charities- Statement of Re¢ommended Practice applieable to charities preparing their accounts in accordance with the Financial Reporting Standard opplieable in the UK and Eiepublic of Ireland IFRS 1021 leffectiv¢ l January 20191. OWECTIVES AND ACTIVITIES Our Vi5iOII For all children and young people, regardlcs5 of baLLgrouT]IL ability or disability to ￿LICh their ￿1] potential. to build the estecm tt) hiive ATnbitTon. the confidencc to Aspire and the skills and %lf-bElief tu Achieve. Our Mi4STon To provide childrcn and young peoplc in Newham and neighbouring arc&s with fully inclusive experienccs and opwrtunitics to flourish: with support to help them overcorne any challenges they cxperience: leadit]g to positive outcornes that make a diffcrence and change thcir liv¢s. Our Aim5 To work- wilh child￿n and young ￿0p1¢ who are disadvantaged and experien¢ing ttlultiple problems and difficulti¢s due to their personal andlor fI￿ni]Y situation - To enabl¢ and sUp￿rt each young pcrson to recognise understand th¢ir peT50nal barriers to progression, helping th¢m to overcome these barri¢rs To otTer shorL medium and long-tern) interventions and supwjrt to enable eacli young person lo achieve their ffijll lential socially, petsonally and educationally Our Appr04¢h Providing opportunity for all . wc b¢lieve every child and young p¢rson has great potential and deserves ¢v¢ry chance to succeed. Our prowammes engage ch3ldren and young people from all backgrounds. particularly those that are most vuin¢rable. Working in partnership we believe in the wwer of working together to achieve the best possible 5uc¢¢ss for ehildren and young people. We work closely with busin¢sses, schools. surnunding specialist services and other local charities to help us achieve our obje¢tiv¢s. Promoting early intervention we believ¢ in acting early ts) make the greatest difference. Our progrdmmes and services start early, engaging and supporting children from the age of 5, helping to equip them with the confidence and b¢lief to flourish in the long¢r-tetiu. Strategic PiJ)n 2024-2027 Ihis ycar marked the first year of our new three-year Strategic Plan (April 2024-March 20271. The plan reaffirn15 our vision, mi55ion, aims and valucs and outlines our key priorities. Core principlcs and enabling factors for the next stsge of our growth and dcv¢lopment. 11 also reflects Icarnings from our development ovcr thc past four years and sets out how we will monitor progress. measurc impac¢ and relnain accountablc to the commuT]ities we serve. Th¢ strate focu5es on five key objectivcs.. Strategic Objective I 'New Beginnings. Opening doors. cxpanding horizons, providing long-term support to help childrcn and young ￿Ople to grow in confidencc, sclf-e51eern and well￿1ng.. overcoming challenge& to rcach their full putential and achievc posltive progrcssion. Str&tfgie Objective 2 'No Mountain To& High, Providing young people with additional ne¢d.s and Special Educational Needs or Disabiliti¢s (SEND) with new expericnces and opportunities. helping them to ov¢r￿￿ne challenges. to build their ind¢p¢ndence and flourish. Str*tegic Objeetive 3 'Growing Together, Providing places of safety and b¢longing for children, young p¢ople and families to come together, to learn through play and wider activitics. to grow and build strong¢r bonds with one another and the wider community- Page 2 Ambitmbn Aspire Achieve Repwjrt of tbt Trustees for the Year Ethded 31 M4rch 2025 Strategie ObJt¢tive 4 'Reaching Out, Working in the heart of local ¢ommunities, widening our reach aeross Newham where ivs most needed, improving youth safety, supwrting young people to mak¢ positiv¢ ¢hoi(N including those at risk of Serious Youth Violence. Str8tegie Objeetive 5 'Building Bridges, Levelling the playin8 field and reducing the effects and impact of poverty for local child￿n, young p¢ople and their families, by opening up a¢cess to more targeted supporL for thos¢ we engage are most in need. Str*tegi¢ Goals for 20242027 - Increasing the number of children and young people we engag¢ through progrdmmes at our existing delivery hubs Expanding our focus on children and young p¢opl¢ most in need - Delivering Tnultiple interventiims that lead to a growng number of FW)sitive outcomes for childr¢n and young Ftople - Further developing outdoor learning opportunities using our woodland space - In¢ttfjsing the range of eX￿ri¢ne¢S and activities for children? young peopl¢ and families - Expanding provision for children and young people with SEND - Exploring options to open on additional hub in an a￿a of high need - Growing our collaboration with SCh￿IS in Newham. delivering targeted outreach progTammes (¢.g. youth safety, transition supwkrt} Securing new fijnding to develop our youth safety work and initiatives - Sustsinin8 the strong impact of our atmual #p￿al$ (CMIsth)as and E&ster) Page 3 Ambition Aspirt Achieve Re￿rt of the Trustecs for tbe Year End¢d 31 March 2025 ACHIEVEMENTS AND PERFORMANCE The trusicys r¢vi¢w ilie aims, objectives and activities of th¢ charity ¢ach year to ensure Ambition Aspire Aehieve IAAAI continues to fjjrther its ¢haritable purpose for th¢ public benefit. This section provid¢s an overview of our key achievements in 2024-2025, summarising the work delivered. Our core focus r¢niains unchanged.. Supporting children and young people who are disadvantaged, vulnernble andlor at risk du¢ to their personal or family circumstan￿. All achievements reported beloiv sit within the framework of our 2024-2027 Strnt¢gic Plan, and our five key d¢livery areas: l. New Beginnings- Targeted Youth Work and Progression Support 2. No Mountain Too High - Sp¢cidlist Support for Young People with Special Educational Needs. or Disabilities ISENDI 3. Growing Together- Play and Community 4. Reaehing Oui- Outrea¢h and Youth Safety WoJ&- 5. Building Bridges- Family Suppjrt and Targ¢t¢d Appeals Monitoring our Achievements We continue to use our ¢loud-based moniloring and evaluation system. 'Upshot, to recor(L track and eviden¢e outcomes across all a¢tivities. Introduced in 20?2, Upshot is now fully emkdded across the charity and enables the systematic ¢ollection of refeJTal inforniation, attendance data, s¢rvice-user demogrnphics and progress measures. Alongsid¢ Upsho¢ ive use a suite of established tools to assess children and young peopl¢'s development and ensure prO￿ammeS remain r¢sponsive to need. Thes¢ include: Staff observation and p)D8ress rep)rts Outcome wheels and distance-tr&vell¢d measu￿5 Regular feedback fom)s ¢ompleted by children, young people and parents/car¢rs This combination of quantitative and qualilative monitoring allows us to rei'iew outcomes, adapt practice and continually strengthen progran)me delivery. Overview The operating environment for grnssroots ctwities remain5 ¢hallen8in&. with rising levels of n¢¢d and an increasingty competitive funding landscape. Despite these pressures. 2024-2025 was a year of m¥ny highlights: development and imp pickleball, netlMII. volleyball, boxin& Muay Thai. MMA and ca[￿e]ra - 860/0 demonstrating improved confidence, mental health1welll￿lng aTtd 83°/o learning new skills 6. SEND Fgmily Fun Day- Terence Brown Arc in the Park In Sep*mber 2024, with funding from LB Newham, w¢ hosted a dedicated fomily ev¢nt at the Terence Brown Arc in the Part for families with SEND children. Over SO SEND children and their families attended - Activities included accessible games, rides, inflatables and activity stations. providing a fim filled day for a]1 attending 'Growivg Together, Play and Community I. LEGO After-school Clubs and Therapeutic Pl*y With renewed annual funding from the LEGO Foundation, w¢ ran LEGO after4chool clubs and tailored therdpeutic play sessions at both the T¢r¢nce Bro￿1 Arc in the Park and the Glyn Hopkin Abbey Hub. 81 children took pari 84tsJo of whom were identifi¢d as having Indi￿lOrS of ne¢d {e.g.. SEND, residing in areas of high deprivation) In 202¥2025 the grant also enabled the expansion of LEGO ¢lubs into local primary schwls in Newham - In January 2025. AAA was awarded a new LEGO Foundation grnni as part of the'Power of Play, consortium, with the Institute of Imagination: Save the Childtyn, EasyP¢asy and Young v&￿ ext¢nding play opwrtunities for children and ¢aregivers in Tower Hamlets 2. Family Days Community Activities With repeat support from Lamtem CIC. we continued to deliver family days and community activiti¢s at the Terence Brown Arc in the Park and in Stratford. Families enjoyed a wid¢ variety of sessions throughout the year, including th¢med events celebrdting key seasons. festivals and local heritage 3. P14ywheeis- Mobil¢ I Popup Playsebemes Funding from the DtE's HAF programme support¢d further development of our Playwheels project. This year.. Page 7 Ambititin Aspire A£hiev¢ Report ot'the'l rustees for the Ye*r Ended 31 March 2025 Our play van, filled with games aDd play resources (kindly loaned to AAA by Glyn Hopkin Lid), delivered mobile play sessions in 4 local parks acr055 Canning Town, Custom House and BeL'kton 73 local children and young p¢oplL took part in play sessions, many with limitcd access to leisure opptsrtunities With the news of a ncw grant fro￿ the LEGO Foundaiion in January 2025, the programme will bc expanded to parks and greens spaces in Tower Hamlets next y¢ar. o￿nIng up new play opportunities for children in the EK)rough as part of the 'Power of Play, progrdTllTtJe 4. Scbool Holiday Play5chemes With funding from the East End Comrnunity Foundation IEECFI, we delivered holiday playschemes at thc Terence Brown Arc in thc Park. and Glyn Hopkin Abbey Hub during ELster. SUTTr￿er and Octobcr half-term. 218 ¢hildrcn attended SO SC55iOD5 across both dclivcry venues Over 8011A of participants were identifi¢d a5 vulnerdble andlor disadvantsged, including children wwing up in poverty and thosc with additional need5 - Pmgrdmme5 included structured and unstructured play activitie5, Eat￿￿, sports: trip5 and excursions. with lunches provided during ¢ach session 5. Kevin Jenkin5 OBE Outdoor Lesrning Centre- Woodland Play and Learning We d¢liv¢r¢d outdoor Icarning and adventure play sessions at our reccntly ¢st2blished woodland venue in StratfonL the K¢vin Jenkins OBE Outdoor Learning Centre. After extensive clearing and development of th¢ site: outdoor'woodland adventur¢rs' school holiday sessions led by our newly estsblished Outdoor Learning Coordinator were ¢klivered from E&8ter 2024 with a _woodland Warrlor_￿ek]Y after school club introduced shortly after, thanks to funding provided by LB Newham's People Powered Places fijnd. These s¢ssions, along with ¢hildren attending our surrouT]ding clubs and activities ensured. 196 children enjoyed the brdnd-new woodland facility this year, ineluding those attending woodland clubs and children p8rli¢ipating in our wider programmes Engaging outdoor activities focused on health. outdoor learning and nature themed se5sion& while improving wellbein& ¢onfidence and conn¢¢lion to nature for local ¢hildren 6. Weekend Cycling Clubs and Garden Rangers A wide range of weekend a¢tiviti¢s took place at Th¢ Terence Brown Arc in the Park and Glyn Hopkin Abbey Hub, including our rtgular cycling club5, SUPPOrted by a TfL Walking and Cycling Grant (for s¢ssions at the Arc). 77 ¢hildren were engaged in eycling clubs, with many learning to ride for the first time and developing bike maintenance and road awareness and taking part in regular cycle ride outs, to local spaces (e.g.y the Olympic Parkl Saturday activities in¢luded the continuation of a regular'Garden Rangers, club at the TeLrn¢¢ Brown Arc in the Patt ith 14 local children enjoying growin&. gardening and outdoor play activities during session 'Reaching Out, Outrcach and Youth Safety Work l. DetA£hed Strect-B8sed Youth Work We conliDued to deliver JEgular detached youth work sessions. though at a rcduced volurne following the conclusion of the 'Acl As One, con50rlium ￿nded by the Mayor of Londort's My End5 fund and delivered in partnership with Fight for Peace. Rights & Equalities in Ncwham and the Exit Foundation). Funding from the Royal Dock5 Trust enabled th¢ d¢livery of our Project BLUNT initiative. including detached street ba5cd sessions in Canning Town, Custom Housc and Beckton along with youth safety sessions in local prirnary schools - Additional funding provided during the final quarter of the year supportcd additional detached outrcach sessions and youth safety work in Stratford An average of four d¢ta¢h¢d sessions Fer week were delivered in priority areas with high I¢￿15 of Serious Youth Violence A total of 3333 young ￿Ople w¢re engaged by our d¢tarhed youth ivorkers during the yeer as a result of the fijnding 2. Whole School Youth Safety Programme- Beckton Thanks to new funding awarded in October 2024, by LB Newham and th¢ Mayor of London'5 Viol¢nce Reduction Unil IVRU), we laun¢hed a new whole s¢hool youth 5af¢ty progromme in Bcckton, led by our Outreach Coordinatr)r and deliver¢d in partnetship with Rights & Equalities in Newham. Page 8 Ambition Aspire Acbieve Rtport of the Trustees for the Year ETrded 31 March 2025 4 primary schools (North Beckton, Gallions Reach, Winsor and Ellen Wilkinson) and Kingsford Secondary Sch(M)I were targeted Youth safety workshops le.g., online safety. stranger danger, street awareness) reach¢d 406 chilthen and young people. with over 90 /0 Cl)nfinning a I￿tter Unde￿tanding of youth safely and how to stay safc as a result of attending sesslons Targct¢d small group work and mentoring provided tsilored sllp￿rt to 29 at-risk children - The programmc will continue to March 2026, with plans to expand similar work across the b)rough de￿ndIng o future funding 3. Prevent Programme- Txrgeted Se&sioDS for Schools With funding from LB Ncwham's I'revent Team: we dclivcrcd tsrgeted programmcs for young pcople with additional nceds: referred by Rokeby School in Canning Town. Two 12 week probrnnfftes for Year 9 and Year 10 students were delivered during the second half of the ycar. cngaging and supwrting 30 vulncrnble young people Sc5sions combined engagement activiti08 (e.g_. ￿uSIc. sports, outdoor learning) with confidence-building, lifc skill awam)es5 of ￿t￿onal safety and risks of radicalisation and extremism. plus opwrtunitics for self-reflection 4. Transition Support- R05¢tt8 Prim*ry School Building on successful work in th¢ previous year, we delivered thvo primary trdnsition progrdmmes at Ros¢tth Primary School in Plaistow. fi]nded by LB Newham. - Two groups of 15 childr¢n {total 30) received targeted SUPWprt around Year 6 to Year 7 transition - Sessions developed teamwork, positive peer relationships, youth saftty awareness and confidence. supporting ai-risk pupils to make successful transitions into their chosen s¢¢ondary schools 5. P4rent and Carer yo￿th Safety Sessifyns Throughout the year. our Outr¢a¢h c￿rdInatOr delivered small-￿OUp youth safety awareness sessions for parents and carers in comtnunity venues and schools, in response to identified needs and requ¢sts. 'Building Bridges, Family Support and Targeted Ap￿alS l. Kevin JenkiDS OBE Newham Chr&stmAS Toy Appeal 2024 Our annual Christmas Toy Appeal, delivered in partnership with the Newham Recorder: supp)rted over 2,OIM) disadvantaged children referred by schools, wcial workers, children and family services and local agencies. The appeal was generously supported by business partners, s¢hools, charitieslcharitable trusts, ¢hur¢heslfaith-based gmups* local organisations and groups and many more generous individuals, rnising donations of over IO,IMIO new toys. As part of the apTKal 80 ￿asona1 r(M)d ha[n￿ were also delivered to families in need in time for Christm&s Day. 2. Easter Egg Appeal Our seventh Easter Egg Ap￿21, saw over 2,000 donated eggs distributed to local children and young people living in poverty, colle¢kd from a wwing network of local businesse4 churches 5chool& groups and individuals. 3. Wider Family Swpport Throughout thc year we provide ongoing inforniation. advice and re50urccs for parentslcarers and families of children and young ￿0P]e attending our clubs", activitics and family days at the Tcrcnce Brown Arc in the Park and Glyn Hopkin Abbey Hub. Support included inforniation handouw budget reci￿ cards for familie5 accessing our HAF activities: youth safety handouts for local children and their fanilies and regular SI￿poSting to serviccs offering syKcialist advice on debL welfa￿. housing and childrens service5. We also maintained a Sto￿ of donatcd food, clothing and essential tTsources at the Terence Brown Arc in the Park, to Providc additional support to families of childr¢n attending our activities and seTvices. when n¢¢ded. Wider Aebievem¢nts and Activities 202&2025 In addition to these achi¢v¢menW we are pleased to report th¢ following wider developments. achievements and initiativ¢s thi5 year- Page 9 Ambition A$pire Achiev Repvjrt of the Trustee for the Year Ended JI M*r¢h 2025 l. Re$identials, Outw*rd Bound Experiences and Trips With additional funding from supporters including Glyn Hopkin Ltd, Valero, Royal Docks Trust and John Lewi&Waitrose, we delivered a full prograTnme of residential exp¢rienees and trips for Children and young Ftople aecessing our various clubs and services this year, which ineluded.. Two week-long residentials in Wales {delivered in partnership with Atlantic College and the Outivard Bound Tr￿St) - Four re5id¢ntials in Essex (Essex outd(Kirs East MeTs¢a Island and Stubbers Advenbjre Centre) - A r¢peat week long O¢¢an Youth Trust sailing trip around the 151¢ of Wight during May half-terni 85 childr¢n and young people participated, with many taking part in their first outdoor residential and ¢xperience of this kind wide range of off-site day trips and experiences, with destinations in¢luding outdoor learning Centres {e.g.. Creekside)-. local parks ond green spaces. central London attractions and experience& Zippos Circus and a major 'Big Day Out, to Thorp¢ Park for local children and their families 2. Mentoring Progrnmme- New Deal for I'oung People (GLA) New funding from the Greater London Authority's New Deal for Young Peopl¢ (NDYP) progrdmme awarded at the start of th¢ year enabled us to introduce a stru¢tur¢d mentoring progrdmm¢. - Six strff memberslAAA youth workers completed accredited L3 Menioring Award5 Targeted mentoring suptK)rt was provided to 103 vuin¢rnble children and young wTrple attending our vartous clubs and services and partner s¢hool$ - As the project ¢nters its final year, we aim to embed M￿loring across our progrnmTTLes in the long-terni and further develop our mentoring provision 3. Development of the Kevin Jenkins OBE Outdoor Lt#rrting centr￿00dlaDd Signifi¢ant progress was made on developing our woodl￿dI0UtdQor learning space in Stratford, supported by funding from BAIN Capital, LB Newham's People Powered Places fi]nd. Woodroffe Benton Foundation and BUPA Community Fund. Works included Tnajor landscaping and ongoing site ¢l¢arnnce, new fencing. tse¢ planting and the cre￿]0￿ of new pathwdy5 and zones, and the desi￿) of a woodland adventtjre playwund Nalur¢-themed resour¢¢s le.g., bird boxes, bug houses} installed across the site Further funding secured from BAIN Capital, the Story of Christmas Fund and Thames Water, enabling ongoing development next year including the wmpletion of a new play ar¢a and final build of the w￿dIaftd adventure PlaY￿ound 4. BuildI￿gIS1t¢ Improvements- Teren¢e Brown Arc in the P*rklGlyn Hopkin Abbey Hub Building and site improvements continued this year and included: - A full set￿ry room upgrade at the T¢ren¢¢ Brown Arc in the ParL improving facilities for SEND children and young people, following a grant received from the B&Q Foundation. Works covered redecoration, new carpet and brand new sensory equipment le.g.. fibre optie lighÉin& beanbag& light panels} Additional structural works and improvements at the Arc including mezzanine fl(y)r and kitchen improvements and drainage improvemenLs in the Ann¢x space - The design and installation (¢ompleted in June 20251 of a new sensory se¢r¢t ganlen in an underused spa¢e at the back of th¢ Glyn Hopkin Abbey Hub siÉ4 along with landscaping work a¢ross the green spaces Ongoing minor improvements to the outside green spa¢¢s at both venues le.g., new murd]¥ weathetyroofing play structures) thanks to regular Corporate volunteer support delivered throughout the year 5. Duke of Edinburgh'$ Award (DolE) We continued to build on our work as a li¢¢nsed DotE provider, enrolling and supporting young people from across our programmes to begin and complete their DotE Bronze Awards. 6. AAA ADnual Awards Evening- Childr¢R and Young People In November 2024, w¢ held our second annual awards evening at the Terence BroMTr Arc in the Parl recognising the progress and achi¢v¢ments of children and young people attending our clubs, services and a¢tivities across all sites. Child￿0 young people and their families along with AAA staff and trustees attended a special celebration rety)gnising achievem¢nts such as Young L¢adership, Spts￿ Exe¢llence, Being a Positiv¢ Role Model and Demonstrnting Kindness Additional recognition included the pres¢ntation of certificates for young people achieving Jaek Petchey Awards and Young Person of the Month awards Page 10 Ambition A$pir¢ Achieve Rewrt of tbe Trus¢¢es for the Year End¢d 31 Mgrch 2025 We also presented Volunteer orth¢ Year awards to celebrafr the contr11￿110n of dedicated young and adult volunteers. 7. Christmgs Activities and Commwnity Christmas Trees Alongside our annual Christmas Toy Appeal, our festive activities this year in¢luded: - Organising Christmas parties and pantomim¢ visits for children and young peopl¢ across our services to enjoy - The ￿turn of our Community Christmas Trees enterprise, successfully delivering nearly 21Mb real Christmas tsEes, purchased by organisations, schools, ehur¢hes and individuals to rnise unrestricted funding to supw>rt our work in 2025 8. Annual Benefit Evening- Brif k Lane Musie Hall Our seventh annual benefit evening and fundraiser at the Brick Lane Music Hall in Silvertown place in April 2024. The event was a great success. welcoming over 150 SUPIMlrter4 with additional donated seats enabling AAA volun*ers. young people and metnlxrs of 'The Time Together Club, (for isolated older local residents) to attend with supporters. CoTnbin¢d ticket sales, auction, raffle and donations raised over £15.000 for our work next y¢ar. all made Frfbssible thanks to Vincent Hayes MBE and the Brick Lane Music Hall Team. 9. St#ff D¢v¢lopmeDt and Trainivg We continued ￿ invest in staff trainiD8 and developmenl strengthening our team of experienced and qualified pemianent workers, sessional staff, youth worket3 and play workers, to ove￿ee and d¢liver an in¢r¢asingly wide range of programm¢s safely and effectively. Alongside accredited mentoring training, this included a wide range of 5af¢guarding trainin& first ai& safer recruitmen¢ project management and specialist qualifications (e.g.> working with SEND young people). 10. Diversifying Our Funding B45¢ We furth¢r diversified our income this year, 5e¢uring new grants and expanding corpordte support through direct givin regular donations, sp)nsorship and employee volunt¢¢rin& This included s¢¢urin8 new partnerships to support our annual appea15 and campaigns and maintaining a consistent level of dona*d income to help further our work in 2025-2026. I l. Seetor Engagement *nd NetWOTks The Chief Executive eontinued to maintain a pres¢n¢e a¢ross key local and regional n¢tworks, including the Newham Youth Partnership, One Newham, Compost, youth safety networks, VCS leadership forums, LB Newham groups and regional forums {e.g.: London Youth, GLAIVRU, wider funder networks).. ensuring A4A ¢ontributes and benefits from wider strat¢gic collaboTation. The s¢¢ond and final year of funding from Berkeley Foundation, fo¢us¢d on strengthening AAA'S organisaiional resilience and back-offi¢e functions, abo ¢nabling participation at regional networking and infonnation sharing events. IKey Challenges #nd Risk Management The operatin8 environment for charities. particularly those worling with disadvantaged childr¢n and young people, remains increasingly ¢hallenging. While AAA has Continued to maintain a broad and committed funding and SUPWTrrter base. the wider context is placing additional pressur¢ on both service delivery and long-terni sustsinability. The extemal funding landscape continues ￿ shift towards short¢r. smaller and more competitive grants, with limited availability of multi-year funding that is vital for planning and s￿thin1ng ¢ore s¢rvi¢es. At the same time, Local Authority budgets remain under SI￿lfIcartt pressur¢. increasing the likelihood that non-statutory provision, including some of the services we deliver or ¢omplemen( may faee firrther reductions. These challenges sit against a backdrop of rising need in Newham, where many families continu¢ to experience the compounded effects of Foverty, the cost of living ¢risis and wider social and economic inequalities. Demand for saf( in¢lusive, high-quality youth, play and SEND provision ¢ontinues to rise, and AAA fa¢es growing pressure to expand programmes and deepen support for those with the most eotnplex needs. The development of our 2024-2027 Strategic Plan provided an opportunity for truste¢s and senior leaders to r¢assess key organisational risks, Consider emerging challenges and e51ablish priorili¢s for the Coming years. The principal risks identified include.. Page 11 Ambition Aspire A¢hieve Report vf ih¥ Trusl¥e for the Year ETrded 31 Ma￿h 2025 l. Finartcial Sust*inability Despit¢ 2 Stable year overall, the outlook for funding r¢mains uncertain. The ¢ontinued shift towards short-tem). restricted and competitive grants increases financial risk. Larger, multi-y¢ar ￿nderS remain limited, reducing long-l¢rm income s¢¢urity. Rising ov¢rheads (including inflation. staffing costs, energy and insur2Dcel place further pr¢ssure on rinancial resilience. Mitigation includes ongoing diversification of income, continued fo¢us on unrestricted fikndraisin& strengthening co￿rat£ partherships and ¢nhancing financial monitoring and forecasting. 2. Ov¢r-ReliaThce on K¢y Funders Although AAA has a broad ￿ndIng base: a ptt)portion of our income continues to come from a smaller number of $18nificant supporters, ii)cluding Lo¢al Authority and statutory Mdies. These funde￿ face budget constrdints and incre&sed demand: which hel￿tenS the risk of reductions or changes ￿ eommissioning arrangements. Our strategic focus in¢ludes widening the mix of fund¢TS, inereasing medium and long-temi supporters: and growing Sustainable corporate and individual giving. 3. Rising Demand and S¢rviee Prff5ures With over half of Children in Newham living in poverty and many experiencing complex challenges, the demand for our 12rgeted youth, play.. SEND and family support services continues to increase. This creates a risk of service strain: waiting lists and reduced ¢apacity to meet ¢ommunity need. There is also a risk that in¢re￿ing complexity in the need5 of beneficiaries may require additional specialist support and infrastru¢ture. AAA is resryknding through careful programm¢ plannin& use of evidence-ba5¢d monitorin& increased collaboration with parlners and ongoin8 review of statTing and volunteer ¢apacity- 4. Staff Cxpgcity* Wellbeing and Retentio AAA has grow) Si8Ttificantly in re¢ent years, resuliing in a busier and Tnore complex Q￿rnI10naj environment. Sustaining high-quality provision require5 adequate staffjng lev¢ls, strong mordle and effective succession planning. Pressures created by rising demand increase the risk of staff burnout. reduced wellbeing and higher turnover, particularly across frontlin¢ and pemianent roles. The charity ¢onlinues to rely on a small senior team to overstt a wide rang¢ of progrdmmes and loss or absen¢¢ ockey staff could impact organisational stabKlity. Mitigation Includ￿ ongoing investment in training, supp)rt for staff developmenL Strengthening manag¢Tnent structures and succession plannin and Continued work, to enhance organisational resilience and ba¢k-office functions. 5. CompliaTree and Reporting Requirem¢nl$ Charilies continue to exrerience increased comp]iance expectations from regulator& fvnders and saf¢guarding LK)dies. A growing number of smaller, shorter grants in¢reases administrative burden due to multiple monitoring aftd reporting cycles. Evolving regulatory and safeguarding requirements add further pressure to organisational sysiems, policies and capacity. AAA is addressing these challenge5 throu8h improved intemal system4 digital tools (including Upshotk enhanced policy development and planned improvements to risk management processes. 6. Volunteer C#paeily and Dependency With th¢ expansion of services and our fa¢ilities, maintaining si￿]rICant volunt¢¢r number4 including ¢orpornte and community volunteers aDd ensuring appropriate trdinin& processes and supervision is becoming in¢r¢asingly important. Fluctuating volunteer availability may present operdtional challenges whil¢ increasing our maintenance and upkeep costs if ¢OTporate volunteering redU￿S in the longer terni. AAA is ￿$￿}ndIng by strengthening volunteer management within existing roles, while continuing to reach out to new partners and organisations to grow levels of volunteer recruitment. Rtsk Oversight aDd Managefflent The trusttts and Chief Executive review key risks throughout the year at Board meetings: with our organisational risk register recently d¢veloped and in¢luded as a standing item for meetings. Additional scrutiny is applied when n¢w project& funding opEx)rbJnities or organisational d¢velopments aris¢. The develO￿d risk register further strengthens the charity'5 risk management frameworL clarifying risk owne￿￿1p and Tnore regularly reviewing ehanges in key risks and mitigations. The Board remains committed io ensuring that AAA not only Inanages risks effectively but continues to r¢spond proactively to ¢hallengesy prot¢¢tiDg the charity's long-term sustainability and its ability io deliver high-quality s¢rvices for children. young people and families. Page 12 Arnbi¢ion Aspire Achieve Report of the Tru$tee$ for th¢ Ye4r Ended 31 March 2025 FINANCIAL REVIEW We are fortunate to benefit from a wowing number of funders and support¢TS, many of whom have wwi their support for the charity. Despite a challenging operating ¢nvironmenL with decline in net incom¢ this year w¢ ar¢ pleased to report a growth in the total Charity funds to £859,930. The overall financial position Jymains healthy, with th¢ amount of available untrstri¢ted reserves exceeding the @month target set in the reserves policy. Expenditure durin8 th¢ year was focused on delivering the charity's wide range of prowmmes and servi¢¢s for vuln¢rabl< disadvantsged and at-risk children and young reople. The majority of expendI￿re related directly to frontline delivery, including youth work SEND provision: outreach and youth safety initiatives, play and Community pN)grdmmes, holiday activities, residentials and target¢d supporL Trustees are satisfied with the financial statem¢nts a5 at the year end and are confid¢ni that sufficient resources a￿ in place to enable the charity to meet its objectives for the for¢s¢¢able fvture. Trustees are also satisfied that the charity's &SS¢ts in each fjjnd are available and ad¢quate to fulfil its obligations in ￿SpeCt of ea¢h fund. Trustees remain Tnindful of the financial risks facing the ¢hatity, particularly within an envirnnment of in¢re8sing s¢rvi¢¢ demand. rising 0￿￿tional costs and greater u)mpetition for grant funding. A continued focus on diversifying income streams, maintaining strong financial Controls and building reserves remains essential. A summary of the charity's financial posilion at year ending 3 1st March 2025. comparatively to the prior period and as more fully d¢iailed in the accounts is &$ follows.. 2025 (£) 2024 (£) Net Income £34.717 £280.137 Unr¢s¢ri£ted Funds Restricted Funds Total Funds £ 384,626 £ 475,304 £ 859,930 £ 400,952 £ 424,261 £ 825,213 Fundraising Aetivitie$ 2024-2025 Whilst th¢ majority of our income is generated from charilable ￿allts and contrdc*d in¢ome, we are extremely gratefijl to the many individuals and supp)rters who have made donations during the year to supp)rt our work. This includes individual one-off and ]tpeat donation& donations from corporateibusiness supwrters and doThatioThs made as part of fundraising activities and events organised this year, including our seventh annual benefit nighL hosted by long-terni supwrter the Bri¢k Lon¢ Music Hall. Reserves Poli¢y In accordance with Charity Commission guid￿Ce, the trustees hav¢ established a Reserves Policy which is review¢d annually as part of the charity's financial planning and risk management pro¢esses. The trustees consider it essential that AA4 maintains an appropriate level of unrestricted reserves to safeguard th¢ organisation against financial uncertsinty and ensure continuity of vital seryices. Unrestricted r¢s¢rv¢s provide a buffer in the event of unforeseen circutns¢an¢es such as a sudden drop in ineotn¢, delays in grant payments. unexpected ¢xpenditure, or the need to meet stsff severance obligations. They also provide flexibility to reswnd to new opportunities that stren8th¢n the charity's long-tenn sustainability and supwrt its ability to fulfil its charitable purrrt)ses. Th¢ irusiees have set the reserves target at the equivalent of six months of core running costs. For the purFM)ses of the policy, runnin8 ¢0sts in¢lude'. - Pernianent stsff salaries and as9)¢iated on-costs Potential liabilities arising from staff sev¢ran¢e Offie¢, hub and ptrmises costs (including utilities, maintenance and insuran¢¢) - Other fixed ¢ommilments required to ensure the charity can continue operdting and m¢¢t contractual obligations The trustees believ¢ thai holding reserves at this level is prudent and prowrtionate in light of the chority's siz¢, the breadth of its operdtions, and th¢ ¢xt¢rna] funding environment. The r¢s¢rves level is kept under ongoing review to ensure it remains appropriate to the charity s financial risks and strategic plans. Pa8¢ 13 Ambition A5pirt Achieve Re￿rt of the Truste for the Year Ended 31 M4r¢h 2015 FUTURE PLANS Th¢ first year of deliv¢ring our 2024-2027 Strat¢gi¢ Plan has strengthened AAA'S foundation5 and provid¢d a elear frameiwot* for growth, adaptstion and organisational resilience over the Dexl two years. Building on the prO￿eSS made in 2024-2025, the trustee5 have identified a number of key priorities that will guide the charity's future direction. Thes¢ plans r¢fl¢¢i both emerging opportunities and the challeng¢s highlighted through our risk management processes, ensuring AAA remains w¢ll positioned to 5UPPOrt vulnerable and disadvantaged Children, young people and lamilies across Newham. The key priorities lor th¢ coming year include- l. Embedding and advancing our 2024-2027 Strategic Plan: ensuring continued alignment of pro8rammes: partneJ5hips and r¢source planning with our five strategic objectives and strategic goals. 2. Strengthening financial managernenu including enhaneements to internal finan¢ial systems: project CQStin& cashflow oversight and organisational budgeting.. io support resilienc¢ in a challenging funding environtnent. 3. Expanding fimdraising and development capacity, with a continued focus on diversifying income streams, deepening corporate partnerships, inereasing unre5tri¢led and multi-year funding. and ¢ultivating new supporters aligned with AAA'S mission. 4. Maintaining adequate free r¢serves, in line with the aBr¢ed Reserves Policy, to pro*ct the charity against finan¢ial uncertainty and 5UPPOrt long-tem 5U5tainability. 5. Enhan¢ing governance and board developmenL including iTnplementing a trustee skills audit reviewing governance atTangements and strengthening board oversight of risL impact and organi5ational perfortnance. 6. Investing in our delivery hubs, fa¢ilities and outdwr spa¢es lo meet rising demand, including planned repairs. Tenewals and site development at the Terence Brown Arc in the Parl the Glyn Hopkin Abbey Hub and ¢ontinued transforniation ofthc Kevin Jenkins OBE Outdoor Learning Centre. 7. Dev¢lopin8 Staff capability and strengthening succession plannin& supported by a refreshed annual training plan, improved staff supervision structures and ongoing investment in prof¢ssional development. Further iTnproving monitorin& evaluation and impact m¢asuremenL building on our u5¢ of Upshot to e￿h￿ce data quality, Outcome reporting and the storytelling of our impaci. 9. Working toward5 organisational accreditstions and quality marks, 5ueh as Investors in People. London Living Wage accr¢dilAtion and other charity st2ndar(ts to support organisational maturity and best pra¢tice. 10. Deepening partnership5 With local schools, colleges, children's services and community stskeholder4 to widen r¢feTral pathways and ensure more children and young people who need support are able to access AAA'S pro8rammes. I l. Continuing the eff¢ctiv¢ delivery and development of all cuffent projects and services, including youth ¢lubs SEND provision, play and family 5upporL holiday schemes, mentorin&. outreach and youth safety work acro￿ all AAA hubs s¢ttings. 12. Expanding our outdoor leaming offer: fully utilising the developing woodland facility to provide high-quality ou¢door education. wellbeing activities and natute-bas¢d experiences. 13. Focusing gro￿￿ in areas of greatest need and service gaps. including- SEND a¢tiviti¢s and specialist short breaks Early intervention and transition SUPFK)rt Provision for 14-19 year olds: including those at risk of exploitation InCre￿d support for families experien¢ing wverty. hatthhip and rising social challenges The trUS￿eS remain committed to ensuring thai AAA continues to provide inclusive, high.quality and impactful services that respond to the ehanging need5 of th¢ eommunities we serv¢. Our future plans will be guid¢d by evidence. lived experience and ongoing dialogue with children, young people, fi)milies and partner organisations. Page 14 AmbitiOD Aspire Achieve Rep&r¢ of the Tru$t¢es for the Year Ended 31 Mareh 202S STRUCTURE. GOVERNANCE AND MANAGEMENT An)bition Aspire A¢hieve IAAAI is governed by a Board of 12 trustees who togeth¢r hold ultimate responsibility for the general control and managem¢nl of the choxity. The Board ensures that the charity is effeetively led, financially sound and d¢liv¢ring on its charitsble objectives. The Board is chaired by Christine Bowden, who has been fornially appointed and endorsed by the iru51ees. Day-t(Hlay leadership and operational manag¢meni of the charity are delegat¢d lo the Chief Executiv4 Jonny Boux, who is responsible for delivering th¢ Strategic and operational plans approved by the Board. The Board meets quarterly.. wth an additional extended m¢¢lin8 or annual away day dedicated to key strat¢gi¢ issues such as development planning.. budget approval, and review of long-term priorities. Trusttts collectively tske decisions relating to the governan¢¢, direction, and oversight of all progrdmmes and activities deliv¢r¢d by the charity. More infom12tion about Ambition Aspire Achieve's Board of Trustees and siaff tram can be found on the charity s website wN¥w.thea22zon¢.¢om. Trustee Recruitmen¢ Induetion #nd Training The recruitment of n¢w trustees is overseen by th¢ Chair and supporting Board m¢mlxrs. T￿￿tr¢S are typically appointed th)Y>ugh either open recruitmeni advertised via the charity's network& or through targeted approaches individuals within th¢ ¢ommunity who bring relevant expertise and experienee. All prospective trustees are interviewed to assess their suitability, alignment with AAA'S values, and ability to contribute effectively io th¢ ¢harity's governance. Su¢¢essfvl candidates ar¢ fornially app)inled at a Board meeting. Each new trustee ree¢ives a ¢omprehen5ive Trnstee Handbook, which outlines the charity's Structure, key wlicie4 governance fram¢worL and trustee responsibilities. N¢w trustees also participa￿ in an induction process that include5.' - An introduction ￿ AAA'S programmes, stsff, and operational structures An overview of the charity's strat¢gi¢ priorities and current cl)all¢nges - Guidan¢¢ on legal duties and regulatory r¢quirernents under charity law Opportunities to m¢et key staff and observe programrne delivery whet? appropriate T￿￿teeS are encouraged to undertake ongoing trainin8 Televanl to their role and field of expertise. The P4)ard is committed to ensuring that all trustees have the knowledge: skills, and understsnding necessary to discharge their responsibilities effectively and support the continued development of th¢ Charity. Page 15 Awbition Aspire Aehieve Reporl of tlie Tj'wstees for the Yt*r Ended 31 March 2025 STATEMEiYf OF TRLISTEES, RESPONSIBILITIES The trustees are responsible for preparing the Annual Rerrfbrt and the financial statement5 in accordance with applicable law and rcgulations. The law applicable to Charities in England & Wales requires the trustees to prepar¢ financial statements for eaeh financial year in accordance with United Kingdom Generdlly Accepted Accounting Practice Iunitcd Kingdom Accounling Standard5 and applicable lawl. The trustees must not approve the financial staternents unless thcy are satisfied that thcy give a true and fair vicw of the statc of affairs of the charity and of the incoming rcsource5 and applicalion of re50llrces: including thc incolne and eX￿nditUrE. of the charity for that period. In p￿paring these financial staiements. thc truslees are requircd to.. a) select suitable accounting policies and apply them consistent]y- b) observe the mcthnds and principlcs in the Charities SORP- ¢1 makc judgments and accounting estimates that arc reasonable and prudenL d) stat¢ wh¢lher applicable UK Accounting Standards have been followcd. subject to any material departt]res dis¢losed and explained in rhe fll)ancial stateynents. ¢1 prepare the financial 5tafrm¢nts on the going ci>ncem basis unless it is inappropriate to presume thai the charity will ¢ontinue to operate. The trustees are responsible for keeping sufficient a¢¢ounling records that di5¢1os¢ with reasonable a¢¢uracy at any time the finan¢ial position of the ¢harity and enable theTn to ensure that th¢ financial statements comply with the Charities Aet 2011, the Charity (Accounts and Reports) Regulations 2008 and the pffbvi5ions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the Prevention and d¢t¢¢tion of fraud and other irregularities. This re￿rt has been approved by order of the board of trustees on 30 January 2026 and signed on its behalf by.. Ms Christin¢ Bowden- Truste Page 16 RepDrt of the Independent Auditsrs to tbe Truste¢5 of Ambition Aspire Aehieve Opinio We have audited die financial staLements of Ambitron, Aspir< Achieve l(he'¢harity') for the year ended 31 Marcli 2025 which comprise SiateTnent of Financial Activities, the Balance Shee¢ Statement of Cash flow5, Notes to the statements of Cash Flows and notes to the financial 5tsteJnents. including a sllmmary of signsfIcanl accounting tx)licies. Th¢ financial reporting frarnework that h&s b¢en applied in their prepardtion is applicable law and United Kingdom Accounting Standard5, including FinanLial R¢Frflrting Standard 102 Thc Financial Reporting Siandard applicable in the UK and Republic of Ir¢land {United Kingdom Generally Acccpted Accounting Practice). our opinion. the financial state￿ents.. give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its incomiiig rcsources and application of iesource5 for the year then ended: have been properly prepared in accordance United Kingdom Generally Accepted Accounting Ptaclice= and - have been prcparcd in actordancc with the requircmcnts of the Charities Aci 2011. Bssi5 for opinion We conducted our audit in accordance with International Stsndards on Auditing (UK) {ISAs (UK)) and applicable law. Our resy)nsibilities under those Standards are furthcr deSCri￿d in the Auditor's responsibilities for the audit of the fin8ncial statemtnts section of our report. We aff ind¢￿nde￿I of thc charity in accordance with the ethical ￿quIrem¢llts that are rclevant ¢0 our audit of the financial statements in the Uil including the FRC'S Ethi¢al Standar¢L and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence have obtained is sufficient and approprlate to provide a basis for our opinion. Conelu$ion$ rel¥ting to going eDnc¢r In audiiing the financial stakments, we have concluded that the tr￿sle¢s, use of the going ¢on¢em basis of accountin8 in the preparation of the f￿anCIal staten]ents i5 appropriate. B￿d on the work we have perf0mle￿ we have not identified any material t]n¢ertainties relating lo events or ￿nditIOnS thal individually or collectively. may cast signifi¢mt doubt on the charity's ability to C4mtinue as a going concern for a period of at least Iwelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern 8re descriFtd in the ￿leVant sections of this report. Other information The other infonnation comprises the infornlation includ¢d in the atmual report other than the financial statements and our auditor's report thereon. The trustees are r¢sponsible for the other inforniation eontained within the anntfdl repoFL Our opinion ort th¢ financial ststements does not ¢over the other inforniation and: except to the extenl otherwise explicitly 5thted in our rwrL we do not exp￿$8 any form of assutance cunclusion thereon. Our responsibility is to read th¢ other tnforn]ation and, in doing so. considcr whether thc other infottnation is mat¢rially incoT]sistent with the financial stai¢ments or our knowledge obtained in the coursc of the audit or otherwis¢ appears to be materially misststed. If we id¢ntify such mltterial inconsistenctes or apparent m4t¢rial misstatements, we requitEd to deter¥nine whether this gives rise to a Tnaterial misstatement in the financial statcments themselves. If, based on the work we have performed. we conclude that there is a mat¢rial misstatetn¢nt of this other infom]ation. we are required to rewrt that facL We have nothing to report in this regard. Matters on whieh T¥e are required to report by exteptio We have nothing to r¢￿rt in respect of thc following matters r¢lation to the Char5ti¢s (Accounts and Rewrtsl Regulations 2008 require us to report to you if. in our opinion= the information given in the trustees, report is inconsistent in any material respect with the financial statements- or sufficient accounting records have not been kept- or - th¢ financial statements are not in agreement with Ihe accounting records and returns. or have not received all the information and explanations we require for our audit. Page 17 Report of th¢ IDdep¢nd¢nt Auditfjrs t(ty the Truslees of Ambilion Aspire A¢hiev¢ rls eiplainLd niiir¢ fulli- in tlie IriislLis' rLs1￿m￿lI7ll1[il5 siatLmLnl SLt fiut on page 11 IIIL trLiblCLS iilL fLSIX7115ible lor th prLparaii()n ul. tliL findiiLiJI %Ltl¥mLnts and f¢ir bein& sdlisliLd thai th¢i' give a tru¢ liir i'lLlI. liir SULh iiiLL'rnal nnLr()l as llic trusILL8 dLiL'rtllinL to Lnuble Ili£ prLparaiion of financial %tatemeiit> thal are frcL Ironi material misstatemen¢ whether due to fraud or etTOr. In pr¢p￿in￿ the fit]an¢ial 5131LmLlits. Llii IruslLes ar¢ responsible for a55L55ing till cliarity'5 ahility t() Lolltinue .Is a going L(Incem. di3cli)sing. as appliLJbl¢. ￿atIcr5 related kn going ¢[mLCrn Jiid uqina d)L &¥oin? eoncLrri b￿15 ol. L¢ollnling uiilLS5 Ilic Iru5lLQ5 ¥ilher intLnd Lo liquida￿ the clikrity or to lL￿e operatioi?s. or liuv¢ rLalistlL aliemati3'e but to Ik) so. Auditor'y responf ibilili¢s fur the audit of ihL' financial ststeThents WL havi beLn Ji7puinied ￿ dudl￿1. wider ￿'LL10￿ 144 of thc Charities Act 2011 and report in accoidancc with the Act and rulLiraTrL rL'gulatiun5 InadL or havuig LITLLI thLreuiid¢r. Our objcLtives are to obtaill reasonable a&surnnce about whether the finallcial statements as a whole are trce from matcrial misstatemenL whether due ￿ fraud or crn)r: and to issue ￿ auditor'5 report that includes our opinion. Reasonable 255UE7nce is a high level of assurance, but is not a guarantee that an audit conductcd in accothce with ISAs- ILI&) will always detcct a material misstatemenl when it exists. Misstatements can arise from fraud or error and considered rnaierial if: individually or in the aggregatr, they could re&onably be exrEcted to influence the ¢conomic decisions ot Users taken the b&ls of riii(tiILial sidLEtii¥iii). The extent to Mthich our procedur¢5 are capable of detc¢ting irregularities, including fraud is detailed klow: -we obtained an understanding of th¢ legal and regulatory frameworks that are applicable to the group through o genernl not for profit and charity sector experience and discussions with mana8emenL We deterniinLd th21 di¢ following laws and regulations We￿ most Significant.. Charities SORP 2019, FRS 102 'The Financial Repnrting Standard *¥pIiLdblL iii LIK and RcpubliL of Ircland . Chwitie% Act 2011. Id¢ntifj' (Ind 0sgLss thc risks of niaLL'rial niis5tdltmLllt tsf ilie financial statrments, whether du¢ to frdud or ¢rror. desi nd twlonD uu4Jit procedurES rt5pon8ive (o Ihost risks. and obtain audit evidence that is sufficient and appropriate to providc a bobis tur our gpinion. The risk of noi dctectiii(t a Ma￿rial rnisststement r¢sulting from fraud is higher than for onl resultino from err(Ir. ￿ fi-dud Ina% inirolve cullusion, forgery. intentional omissions. misrepTes¢nt2tions, or the override of internal control. Obtain an understandin8 of int¢rnal control relevant to the audit in order to design audit procedures that are appropriate ID the cireumslan¢es: but not for the purtxjse of expressing an opinion on Èhe effediveness of the ch￿ity's internal control. Evaluate the appropriateness of a¢counting p)licies used and the reasonableness of ac¢ourtting estimates and related disclosures made by n￿nagement - Conclude on the appropriateT￿s of managemcnt's use of the goiiig Lonccrn basis of accounting an& based on th¢ audit evidcnce Obtaine￿ whether a Material un￿rtainty exists related to LyinES or eonditions thal may cast SI￿)ificant doubl on the Charity's ability to continue a8 a goiJJg concern. If IVL Lonclude that a nillteri.ll iinc¢rt&inls' exists. we are rL'quired to draw attention in our auditor5. report to the related discl()sures in the financial stalem¢n￿ or, if suLh disclo%ures are inadequaie. ￿ modity our opinion. nur conclusioiis are Iwed on the SLudii evidenLe obtaiiiLd up Lo the date ot our auditors, rL'port. Hoi%ever. future eveilts ur conditions ma!. cause th¢ Charity io ccase to coniinuL as a going concern. EvaluaiL thL OVLrall prknsentaiion. structure. and cnnlLnL of the fIn￿CIal statemcnt4 iDLluding the di5c105ure5. and whether the financial stsiemcnts teprcsent the Underlying transactions and events in a manner that achieves fair presenlation. The engagelnent partner s assessment of the appropriatencss OF the collective competencc and capabilities of the ¢ngagemcnt team included considerdtion of thc cngagernent t&qm s: -Und¢rstanding of, and practi¢al e.xperience with audit ¢n8agemenÈs of a similar nature and complexity through appropriate Irdiniiig and participation -KDowledgc ()I'the ind￿$try in which the client operate5 -Underslanding of the legal and regulatory requir¢m¢nts specifi¢ to the entity including: -The provision5 of the applicable IcBis1:tLiL)n -The regulators rnles and ￿lat¢d ¢*uidJnLc. including guidance issued by relevant authorities that interprets those rules Page 18 Report of the lThdependent Audilors to the Trustees of Ambitiov Aspir¢ Aehievt There are inherent limita(ions in the audit procedures described above. We are less likely to Ixcome awa￿ of instances of non-compliance with laws and regulations that are not closely related io events and transaction5 reflected in the financial siaternents. Also. the risk of noi detectlllg a material misstaLement due to fraud is higher than the risk of not detecting one resulting from em)r. as fraud may involve deliberdte concealtnent by, for example, forgery or intentional misreptrsenthtion: or through collusion. A further descripiion of our responsibilities is located on the Financial Reportin8 Council's website al- https.'l/www.frc.owuklaudiiotsre5ponsibilities. This description fom)s part of our auditor's reporL Use of our report This report is made solely to the charity's irnstee4 as a kndy, in a¢¢ordance with Pari 4 of the Charities (Accounts and RerA)rtsl Regulations 2008. Our audit work has been Under￿￿"¢n so that we might sthte to the ¢harity's trus￿¢$ those matters we are required to stste to them in an auditsPs report and for no other purpose. To the fullest extent permitted by law: we do not aettpi or ￿Urne r¢s￿nSIbIlIty to anyone other than the charity and th¢ charity's trustres &$ a iKJdy, for our audii worK for this ttEx)]t or for the OPiTsions we have fomied. Aecountax Auditing Ltd Eligible to act as an audits)r in ternis of Section 1212 of the Companies Act 2006 Unit 8, Doek-offices. Surrey Quays Road. London SE16 2XU 30 January 2026 Page 19 AmbilioD Aspire Achi¢we FiJian¢ial Aetivili¢g for the Ye4r Ended 31 Mar¢h 2025 31.3.25 Totsl funds 31.3.24 Total nds Unrestricted fimds Restri¢*d nd Notes INCOME Ai¥D ENDOWMENTS FROM Donations and1¢8acies 190,270 190,270 179,025 Charitable *¢tivitie Grdnts Contra¢ts 428,606 428.606 335.405 870.479 94.199 i35.405 Other trading activities Investment income 30.195 1.566 24.274 1.583 Tot*1 557.4i6 428.606 986.042 1.169560 EXPENDITtIRE ON Ch*ritable 8etyvitie5 Expenditure on charitable activity 6&7 573.7fj2 377.563 951.325 889,423 NET INCOMEIIEXPENDITURE) {16,3261 51.043 34,717 280,137 RECONCILIATION OF FUNDS Total funds brought forW￿d 400,952 424,261 825,213 545,076 TOTAL FUNDS CARRIED FORWARD 384,626 475,304 859 930 825 213 The notes forni part of these financial statements Page 20 Ambition Aspir¢ Achieve Balance Sheet 31 Mjrch 2025 31.3.25 Totsl funds 31.3.24 Total funds Unrestricted funds Restricted nd No FIXED ASSETS Tangibl¢ assets 13 26,884 174,748 201,632 193,767 CURRENT ASSETS Debtors C&sh al bank and in hand 14 1.187 542.997 64,1¢ 344.698 65,294 887,695 41.999 900.000 544.184 408.805 951989 941.999 CREDITORS Amounts falling duc within one year 15 (186.4421 (108.249) (294,691) {310,553) NET CURREI¥T ASSETS 357,742 300,556 658.298 631,446 TOTAL ASSETS LESS CURRENT LIABILITIES 384.626 475.304 859.930 825.213 NET ASSETS 384,626 475,304 859,930 825,213 FUNDS Unrestrict¢d fi￿ts Restricted funds 16 384.626 475,304 400.952 424 261 TOTAL FUNDS 859,930 825.213 The financial ststements were approved by the Board of Tr￿Ste£S and authorised for issue on 30 January 2026 and were signed on its E*half by.. Ms Christine Bowden - Trustee The notes forni part of these financial Sta￿ments Page 21 Ambition Aspire A¢hieve Statement of Cg$h Flows for the Year Ended 31 Mareh 2025 31.3.25 31.3.24 Notes Cash flows from operating aetivitiCS Cash g¢nerated from operations 44,949 341172 Net cash provided by opernting a¢iivities 44,949 341.172 Casb from investiDg #etivitiC5 Purchase of thngible fixed ￿Sets Inkrest received 158.8201 1.566 (242.7181 Net CL8h ￿ed in investing a¢lsvities 57.254) 241,135) Ch*nge ID casb and cash equiv4lents in the re￿￿ting period Cash and cash equivalettt5 at the beginning of the reporting period 112,3051 100.037 900.(K 799.963 Cash and cash ¢4uivJlent8 at tbe end of the rep)rtittg period 887,695 900,000 The notes form part of these financial sta*ments Page 22 Ambition Aspire Achieve Notes to the Ststement of C*sh Flows for the Ye4r Ended 31 March 2025 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.3.25 31.3.24 N¢¢ in¢ome for the reporting period (4$ the St*temellt of FlnAnei41 Aetivltie$) Adjustments for: Depreciation ¢har8es tnterest receiv¢d (Increa5e}Idecrease in debtors Decrease in creditors 34,717 280,137 50.955 (1.566) (23.295) 15.862 48,951 {1:5831 33,234 19 567) Net eAsh provided by operations 341 172 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.24 Cash flow At 31.3.25 Net ¢ash Cash at bank and in hand 900,000 (12.305) 887,695 Total 12.305 887 695 The notes forni pwt of these financial statements Page 23 Ambition Aspire Aebieve Notss to the Fiffianeigl Statements for the Year Ended 31 March 202S ACCOUNTING POLICIES Basi5 of preparing the finan¢i*l $tAtemtnts The financial statemcnts have been prepared in accordan￿ with the Charities SORP IFRS 102)- Accounting and Reporting by Charities.. Statement of RLcommend¢d Practice applicable to ¢harities preparing their auounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {eff¢¢tive l January 20191, th¢ Financial Reporting Standord applicable in the UK and Republic of Ireland (FKS 1021 and the Charities Act 2011. Ambilion Aspire Achi¢v¢ m¢¢is the definition of a publie benefit entity under FRS 102. Assets and liabilities are initially ￿e08nised at histori¢al cost or transaction valu¢ unless othenvise sta￿d in th¢ relevant ac¢ounling policy. Significant accounting policies Prep*r$tion of the accounts on going concern basis The choritsble activities are entir¢ly dependent on continuing grant aid and voluntary donations as well as trading ￿VenueS. As a CODsequence, the going concern basis is dependent on the fitture flow of thes¢ unterfain fi￿dIng streams. Accordingly, th¢ Trusiees have obtained forecasts and, after reviewing the financial forecasts for the next 12 months, the trustees are 5atisfi¢d thal at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters. the Trustees a￿ Tjot aware of any material uncertainties about the charity's ability to continue as a going conccrn. Risk$ *nd future 8ssumpti0115 The funding requir¢d for 202412025 has been raised and the truste¢s are ¢onfident that there will noi b¢ a deficit. Major funding is on 2-3 y¢ar contrdcts- and fvnding needs for 2025 and E¢yond have been defrrniined, sources of funds ar¢ being identified and applications are being made to seeure the necessary funding for 2025126 and Lryond. This should ensure viabiliry beyond 2025126 and demonstrate that the Charity is a going concern. Ineome re¢•gnition Donations & Grants income, whether froTn exchange or non-¢i¢haDge transactions, is r¢¢ognised in the staternent of finaneial activities {SOFAI OD a receivable basis, when a transaction or other event results in an increas¢ in the charity's assets or a r¢duciion in its liabilities and only when the charity has l¢gal entitlement, the income is probable and can be measured reliably All incoTne is accounted for gross, before deducting ony related lees or costs. Ineome from Cootracts Income from Contracts for the supply of services is recogni5ed with the delivery of the contracted service or met the performan￿ related conditions. This is c[￿lfied as unrestricted funds unless tliere is a contractual requir¢ment for it to be Spent on a particular purwse. Don&tlOTrs in Ikind tk*nated services and facilities are included in the SOFA when received at the value of tile gift to the charity provided the value of th¢ gift ¢aD be measured reliably. Donated good5 are Tneasured at fair valu¢ lthe amount for which the asset could be ex¢hang¢d) unless impractical to do so. Page 24 continued.. Ambition Aspire Aehieve Notes to th¢ Financial Statements- continued for the Year Ended 31 M4r¢h 2025 Xneome from interest This is included in the accounts when receipt is probabl¢ and th¢ amount receivable can be measured reliably. Recognition of liabilities artd expenditur¢ Liability recugnition A liability.. and the rclated e%￿nditure. is ieLognised when a legal or ¢on5tructive oblTgation eiists as a result of pasl evcnL and when it is morc likely than not th* a transfer of Economic benefits will bc rcquired in settlemenL and when the amount of thc obligation can be Tneasured or reliably estimatcd. Expenditure Charitable expellditures comprise those costs incurred by the charity in the delivery of its activities and service5 for its beneficiarics. It includes both costs that can be directly allocated to such activities and those costs of an indir¢¢t nature necessary to 5UPPOrt them. sllp￿rt Costs hav¢ been allocated between governance costs and other supp)rt. Governance Costs comprise all costs involving publi¢ ae¢ounthbility of the charity and its compliance with regulation and good praclic¢. Creditors Trade Credito￿ are recognised initially at the transaction price. They are subsequently measured at amortised cost Using the effective interest method. Short temi trad¢ ¢reditors are measured at the transaction price. Other financial liabilities, including bank loons, are m¢asured at fair value, net of transaction costs and are measured subsequently at amortised cost Using effeciive interest method. Fund Accounting Unrestricted funds are available for use at the discretion of the trustees in fijrtherance of the general objectives of the charity- Restricted funds are 5ubjeckd to restrictions on their expenditure impos¢d by the donor or through the temLS of an appeal or as implied by law. Taxation The charity is exempt from corForation tax on its charitsble aciiviti¢s. Pension Costs #Ad other post-retirement benefits The charity operatcs a defined contribution pensioD 5cbeme. Contributions payable to the charity s pension schetne are charged to the Statcmcnt of Financial Activities in the ￿rIOd to which they rclatc. Page 25 continued... Ambitifrn Aspire Achieve Notes to the Finaneial Stat￿nents- continued for the Ytar Ended 31 Mareh 2025 ACCOUNTING POLICIES - continued Signifieant aceourtting policies Tangible fixed Dcpreciation is provided at the following annual rdtes in order to write off each assct over its tstirnated useful lift. Improvements to property Fixthre5 and fittings Computer equipment Over thc pcriod of lease 25 /0 on reducing balance 250/0 oil reducing balance D¢btor$ Trade debtors ar¢ recognised initially at thc transactioT) pric¢. They are subsequently mca5ured at amortised cost using the effective intcrLsl metl)od, 1¢s5 provision for impairnient. A provision for impair￿e￿I of trade debtors is established wh¢n there is objective evidence that th¢ tharity will not be able to collect all amount due according to th¢ original ternis of receivables. Voluvteers In accordance with the SORP, #nd in recognition of the ditTicultie5 in plaeing a monetary value on the contribution from volunt¢¢rs, the contribution of volunt¢¢rs is not included within the income of the charity. Howev¢r, the trustees value the signifi¢ant eontribution made to the a¢tivities of the charity by unpaid volunteers and thi5 is des¢ribed more fijlly in Note I l. Cash e&8h equivalents C&sh and cash equivalents include c&sh in han(L deposits held at call with banks, other short terni liquid investments with original maturities of three months or less and baDk overdrafts. Bank overdrafts are shoN within borrowings in current liabilities. Page 26 ¢ontinued... AmbitiDn Aspire Aehieve Notes to the Financial Statements- cO￿ti￿￿ed for the Year Ertded 31 M#r¢h 2025 DONA TIONS AND LEGACIES 31.3.25 Totsl Funds 31.3.24 Total Funds Unrestricted Funds Restricted Funds Lk*nalions 190,270 190,270 179,025 This includes services-in-kind comprising the provision of a vacant retail unit at GalliOt￿ Reach Shopping Pork for one month (December 2024) valued at £IO:000. It also includes 28 ¢oJporate volunteet5 utilised at Abbey Hub (28 days at £2(Ml per day) valued at £5,600. OTHER TRADING ACTIVITIES 31.3.25 Total Funds 31.3.24 Total Funds Unrestricted Funds Restri¢ied Funds Fundraising events Xmas trees 16,704 16,704 13.491 11,521 30,195 30,195 24,274 Income w&$ generdted during th¢ year from the charityj annual fundraising event. Xmas tr¢¢$ represent annual Chrislmas tste sale, with proceeds applied lo ¢haritable purposes. INVESTMENT INCOME 31.3.25 Total Funds 31.3.24 Total Funds Unrestricted Funds Restii¢i¢d Funds Deposit account intr¢st 1,566 ,566 1,583 INCOME FROM CHARITABLE ACTIVITIES 31.3.25 Tothl Funds 31.3.24 Total Fund5 Unrestricted Funds Restricted Funds Grants 428,606 428,606 870,479 Contracts 335.405 335,405 94,199 Tolal J35A05 428,6116 764,011 964￿78 The enlity eams income from contracts with the London Borough of Newham. arising from contractual arrangements. Page 27 ¢ontinued... Ambition Aspire Achieve Note5 to the b'irtancial Statements- ¢othtithued for the l'ear Ended 31 March 2025 EXPENDITURE ON CHARITABLE ACTIVITIES 31.3.25 Totsl Funds 31.3.24 Total Funds Unrestricted Funds Restrictcd Fuiids Wagc &)cial sccutity Pensions Projcct costs C05tof Xmas trees 297,314 16.896 4.272 108.110 11.06AJ 254.899 16,365 552,213 33.261 8,195 148.715 11.060 516.294 29.157 7.049 165.824 9.220 40.605 Total 437ffi52 315,792 753.444 727,544 SUPPORT COSTS 31.3.25 Tothl Funds 31.3.24 Tolal Fund5 Unr¢stri¢t¢d Funds Re5tric*d Funds Bank charges 135 135 84 Information t¢¢hnology License fees and subscription 12,309 .061 13,370 9.646 Hum*n resources Trdining and welfare- sthff Travel 2nd subsistence- staff Admin staff expenses Clothing 3,735 936 14,205 3.202 22,078 9.168 89 12,903 1.025 14.205 3.355 31,488 5,139 1,169 7.200 947 20.455 153 9.410 Other costs Ratcs and water In5uraTice Light and heat Premises repairs and rcn¢wa]s Cleaning 1,901 16,637 10,131 22,607 10,139 61,415 774 6,491 13.569 16,549 5.575 42,958 16.637 10.131 22,607 10.139 61.415 Governsnce eosts Auditors, temunerntion Marketing and publicity Telcphonc Postage and stationery Sundries Independent examination f¢¢ Accounta￿¢Y f¢es Improvements to ptY>p¢rty Fixtures and fiitin8S Computer ¢quipment 14,400 2.200 6.270 &957 4.045 14,4(M) 2.862 &270 7.387 4.716 14,400 s.￿1 5.952 3.812 6.714 1.550 1356 46,914 1,082 955 88,736 662 430 671 4,115 768 4&769 4.883 48,769 ,299 887 91.473 1,299 887 40,173 Page 28 continued... Ambi¢itin Aspire Achieve Notes to the Fimatheijl Stat¢m¢nts- eontinutd for the Year Ended 31 Mareb 2025 NET INCOMEI(EXPENDITURE) Net irtcomel(¢xpenditure) is stated after chargin￿{Creditingl'. 31.3.25 31.3.24 Depreciation- owned assets 50.955 48.951 AUDITORSI REMUNERATION 31.325 31.3.24 Fees payablc to the charity's auditors for the audit of the chority's financial statements 14,400 14.4(K Non-Audit S¢rvi¢¢s F¢¢ paid ftir nOn￿UdIt se￿iCe5 was {2024: Nil). io. TRUSTEES, REMUNERATION AND BEf4EFITS There were no trustees, remuneration or other bert¢fits for the year ended 31 March 2025 (2024: Nil). Tru8tee8' expenses There were no trustees, expenses paid for the year ¢nded 31 March 2025 (2024: Nil) ii. STAFF COSTS 31.3.25 31.3.24 Salaries and wages Social seeurity costs Pension costs (defined contribution 5chcme) Total Employee benefits 551213 33.261 &195 593,669 516,294 29.157 7,049 552.500 No employee5 re(riv¢d emoluments in excess of £60.000. The averdge monthly numkrof etnp1oy¢￿ during the year was as follows: 31325 31.324 Pernlanentlsalaried staff Sessional staff 43 76 51 83 Page 29 continued... Ambition Aspire Achieve Notes to the Finthncial Statements- ¢ontinu¢d for the Year Ended 31 Mareb 202S 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestrieted funds Restricted fund Total funds INCOME AND ENDOWMENTS FROM th)nations and legacies 169,025 10,000 179,025 Charitable activities Grants Contrdcts 870.479 870,479 94.199 94,199 Other trdding activities Investment incolne 24.274 1,583 24.274 1.583 Total 289.081 880.479 1.169,560 EXPENDITURE ON Ch8rilable activities Expendi￿re on charitable activity 296,841 592,582 889.423 NET INCOMEI(EXPENDITURE) (7,7601 287,897 280,137 RECONCILIATION OF FUNDS Total fijnds brought forward 408,712 136.3 545.076 TOTAL FUNDS CAIiRIED FORWARD 4￿.952 424,261 825 213 13. TANGIBLE FIXED ASSETS Improvements Fixtures Computrr equipment property rittings Totals COST At l April 2024 Additions 234.572 56.186 4.328 .950 3.818 684 242,718 58.820 At 31 March 2025 290,758 6.278 4.502 301,538 DEPRECIATION At l April 2024 Chargc for ycar 46,914 48.769 1.082 1.299 955 887 4&951 50.955 At 31 March 2025 95.683 2.381 1.842 99.906 NET BOOK VALUE At 31 March 20?5 195.075 3,897 2,660 201.632 At 31 March 2024 187,658 1863 193,767 Page 30 continued... Ambition Aspire Achieve Iyotes to tbe Finan¢iAI Statem¢nts- ¢on¢inued for the Year Ended JI March 2025 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trdde debiors Prepayments 55,020 10,274 31912 9,087 65,294 41,999 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade creditr)rs So¢ial security and other taxes Other ¢r¢diiors Accruals and deferred in¢ome Acctijed expenses 5.738 9,830 30,361 233,594 42.181 11,461 27,650 214.147 15.114 294.691 310.553 Grant & Donations are subject to perforniance-related conditions rec¢iv¢d in advan¢e which are a¢¢ounted for as a liability and shown on the balane¢ sh¢et as defetTed income. Deferred income is released to income in the reporting period in which the perforniance-relatsd or other conditions that limit recognition are met. During the current year deferred income amounting to £ 214.147 has E¢en released in the statement of financial activities as income, wherea5 granls amo￿tIng to £ 233,594 hos b¢¢n deferred. 16. MOVEMENT IN FUNDS Net movement in funds At 31.3.25 At 1.4.24 Unre$¢ricted funds Unrestricted funds 400,952 116.3261 384.626 R¢stri¢¢ed funds Restricted fvrtds 424.261 51.043 475,304 TOTAL FUNDS 825.213 34,717 859 930 Net movement in funds, included in th¢ above are a5 follo￿￿. Incomin8 resourtts Resource5 ¢xpended Movement in fijnds Unre5triited funds Unr¢stri¢*d funds 557.436 (573.762) (16,326) Restricted funds Restrict¢d funds 428,606 (377.5631 51,043 TOTAL FUNDS 986,042 951.325) Page31 continued... Ambition A$pire Aehieve Piotes to the b inaDeig1 Statements- continued for the Year Ended 31 March 2025 16. MOVEMENT IIN FUNI DS- continued ComparatiYe5 for movement in fund5 Net movement in funds At 31.3.24 Al 1.4.23 Unrestricted fullds Unrestrickd funds 408.712 17,760) 4￿,952 Rfstricted funds Restricted flmds 136.364 287,897 424.261 TOTAL FUNDS 545.076 280.137 825 213 Compardtive net movement in fuTJds, included in the above are as follows.. En¢oming resources Resources expended Movement in funds Unrestrieted funds Unrestricfrd funds 289,081 (296,841) 17.760) Restrieted funds Res(ti¢t¢d fuT]ds 880.479 {592,582) 287,897 TOTAL FUNDS 1,169,560 889 423) 280,137 17. RELATED PARTY DISCLOSURES The following trustees and staff memi*rs have been identified as related parties. Details of their relationships and declared interests are as follows: Name Role Declared Int¢r¢$t Ms. Christine Bowden Trustee Trustee of Newham Mu51¢ and Brick Lane m￿S)C Hall. The total donations re¢eived during the year from Newham Musi¢ amounted to £165. Mr. John Bergin Trustee Chief Executive of Newham Music. The totsl donations r¢eeived during the year from N¢whaTn Music amounted to £165. Ms. Sharon Kaur Trustee Dir¢¢tor of Sahara Care Limited. Saharn Care Limited mad¢ donations of £10,000 during the year to Ambition Aspire Achieve. Ms. Sarah Ruiz Tru5te¢ Cabinet M¢mber of LB Neivham. The total grants and ¢ontracts received during the year atnounted to £51019 & £335,405 respectively. Pag¢ 32 continued... Ambltion Aspire Aehieve Notes ¢0 the Financial Statetnents- eontinlled for the Year Ended 31 March 2025 17. RELATED PARTY DISCLOSURES - conti￿lled Mr. Jonathan Bo￿% Chlef Executive Trustee of Newham Music and Brick Lane Music Hall. The tothl donations received during the y¢ar from Newham Music amounted to £165. Thc charity acknowledges these relation5hip5 and cnsurcs that all transactions involving related parties are in the best interest of the charity. No other financial transaction5 were conducted with tElated parties. 18. KEY MANAGEMENT REMUNERATION The charity identifies two individuals as key management persoT]nel. Th¢ retnun¢r8tion of senior l¢ad¢rship for th¢ year 15 as follows.. Name Role Gross Wag Mr Jonathan Boux Ms Paula Blake Chief Executive Operation5 Manager £58.500 £44.622 Page 33