AUTORAISE CharityRegistration Number 1170068 (England and Wales) AUTORAISE Annual Raport and Accounts ForThe Year Ended 31 March 2025 AUTOPAIQ CONTENTS Charlty Reference and Admlnlstratlve Detalls Tru•to¢•' A_nnuol R•port (inGorporatlni the DlreGtors' Report) Structur , Governance and Managemgnt Objective8 and Actlvltle8 Achievemgnt8 and Performance Fin8n¢ial Review o Plans for Future Periods Independent Examiner's Roport Statement of Financlal ActEvitl8s Balance Sheet Notes to tho Financial Statgm8nts AUTORAISE CHARITY REFERENCE AND ADMINISTRATIVE DETAILS Charlty Name: AutoRals8 Charlty Roglstratlon Numbor: 1170068 PrlnclpalAddre88: 80 St Georges Road, Bolton BL12DD Trusteos: Simon Smith IChairl-Appointed during the period Emms Speed (Managing Dlrectorl Martyn Rowley Kate Goodwin Chr18topher Ryd&r Chri8tOPherO'Rouko D8n Che8ney Devin Cavanagh GuyWilliam8 Mi¢haelGoldin8 ChristopherWeek8 Senlor ManagemontTeam: Managing Director: Emme Speed ¢halr: Simon Srnlth Banker8: B8rcl8ys Bank Indepondent Examlnor: Insight Business Solutions TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their reporr and the financlal statements ofthe charltyfor the year ended 31 Maich 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) °Accounting and Reporting by Charities" (FRS 102) in preparing the annual report and financial statsments of the ¢harlty. AUTORAISF Structu.re, Governance and Management ovgrnlng Do¢yment Autoraise is 8 Charitablè Incorporated Organisation ICIO), register8d on 7 November 2016, 4nd is governed by its Constitution. Recrultm•nt and Appolntment of Trustees The management of the charty is the responsibility of the Trustees who ar8 elected and co-opted underthe terms of the Constitution. In 2025, AutoRaise welcomed a cohort of new trustee8. Strengthening our8ovarnan¢e with fresh insights.'expertise. and perspectives. These appointments support aur str8teg]c aim to buiLd an inclusive and innovatlve organi3ation. Qur new twstee5 bring extensive experience acr08S sectors such as automotive. fknance. education. and charity governgnee. We are pgrticuiarly pleased to introducesimon Smith 88 our newCh8ir. Simon. who is the Man&glng Director & Aviva Repair Lead at SoluslAviv8. brings a we8lth of leadership experience In risk management, ustomer ser￿l¢e. and strategic d8velopment. Or8onl•atlgnal Stru¢tyreThe charity is managed bythe Board of Trustees whlch meets re¥ui8rly to manage the affalrs of the ch8rity. To en8ure operational effectivon88s, wfvhave established governance committees focused on keyareas such 88 youth engagement. S8fegu8rding. and finan¢e.The d8y-to-day operatlon$ were signiticantly bolstered thi8 year by the appoimment of 8 new Managing Director, Emma Speed. Bl8k M•n¥ement and Safeguardlng The Twstees have Implemented policies to satsguard data and gn8ur8 compliance with GDPR and other relevant leg81 requirements. We have also embedded diversity, equity, and in¢iu8ion (DEI) into our polici¢sto ensuroourgovern8nceand operationalteams refiectthe ¢NersltyWithin the automotive sector. Objectives and Activitles Purpo80 and Alms Autoraise is a d8dicatod UK charity committed to addressing critical skills shortages within the autornotlve rep8ir industry. Estsblished to seNe as both an advocate and catalyst for positive change. it strives to promote vocational careers as accessible. rewarding., and vital forthe sector's future 8UStainability. Publi¢ BenofitThe Trustees contirm thatthey have complied with the duty in section 17 otthe Charities Act 2011 to have due regard to public benefitguidance published bythe Chartycommission. Our activities benefit the pubknc ty relievlng unemployment through the promotion of apprenticeships and ensuringthe safetyof the general pubtic byfostering 8 skilled workforc8 c8pable of rep8irlng vehicles to the correct standards. Maln Activftles Throughout 2025. the charltyfocused on four key areas: 1. Re-establlshlng Foundatlong- Focusing on sector engagement and p8rtnershlp development. 2. SoctorAdvo¢acy. Positionlng Autoraise as the euthoritstive volco championing 8Utomotivo careers. AUTo￿Al￿E 3. Gra$sroot$ Engagement: Atten education audiences. Ing events to spea directly to k¢y stakeholders incLuding 4. Re•ource Dovelopment: Creaiingtools for businesses, s¢hools,'colleges, and c8r88r$ advisors. Aoh.iovements and Performance Strat¢qlc R•-iaunch and Brandlng Theyear 2025 was a year of renewal. Following the appointmont of Emma Speod as Managing Diroctor. the charitywas relaunched with ngwj)randin8. 8 renew8d purpose, a.nd a nqwwobsite, 4 major hi8hli8htw?s the appointment of Ri¢hard Hammond and his Smauest CogT¢4rn as patron$. their involvoment has slqnificantly increased settor visibility anil enat>lfjd us to roach wider au¢ipn¢es. Strgnqth•nlng Soetor Partnorships A core element of our strategy invoLvBS fost¢ring strong. impactful partnerships. In2025, weformalised 8Uianceswith influential industry bodies such asthe National Bodyfor Repair & thp Automotive Industry (N8RAI. Thatcham Research. and ch8rities like Ben & DEBA￿ These collaborations created a unified front on critical issues like apprentice recruitment and long-term workforce p18nning. We actively contributed to national consultations on Skills and Apprenticeships led by the NBRA lobbying group. Publ1¢ Engagemgnt and Outreach Strategi89 We executed 8 broad pr08ramme of events to elevate sector visibility. Our flagship evpnts, includingARC360. Autom6chanika. and UVE 25 offered platforms for industry leaders and apprentices to connect. Furthermore, our particlp8tion at gr868roots events Ilke CarFest and the Britlsh Motor Show attracted considerable audiences, providingtangible opportunitles foryoungvisltors to engage directly wlth 8Utomotive careers through hand$-on activities. Dlffjtsi Innovatlon and Inclusion In Tesponse to community nè8ds. we developed a suite of interactive online apprenti¢eshlp guld6s and sector-specific career toolkits. We also',launched t8rgeted c8mpaign$ aim8d at women end minority communities to challenge stereotypes and foster greater soctor diversity. Income Generation Summary Flnancial Po•itlon The Statement of Financiat Activities shows a net expenditure forthe year. resultlng in a decrease in totalfunds, Total Income: The Charty h88 d]versified income sources through industry don8tlons. sponsorships, grants. and memb6n8hips. We succes3fuiiy introduced a subscription-based membership model and secured grants aligned wlth our core objpctives to expand the bursary scheme. Total Funds: The total funds carri8d forward at 31 March 2025 aro 2364,59612024: £462,241). Cash Pogltlon: The ch8rity retains a healthy cash balance of £325.472. AUTOR41.RF Rasèrv•8 Poucy The Trustees have examined the charitys requirements for raserves in light of the main risks to the organisation. The policy is to hold a18v81 of reserves of 6 month8 that enables the ch8rlty to maintain its core activities durlng periods of income ftuctU8tion. Income Gan•ratlon Strategy We have developed targeted sponsorship pgckages for large automotive compenies seeking to domonstrate Corporate Social Responsiblllty {CSR)k Our impact stories highlighting apprentice success￿prOVed effective In attracting ongoing support. Plans for Future Perlods Looklng ah08d to 2026. 88 we approach our tenth annlversary, our strateglc focus 8hifts toward expanding 8aCtor collaboratlon and deepening our influence. Key priorities include: Expandlng Sector Engagoment: Strengthening partnerships with'8duc8tlon81 institution$ and regional hub8. Enhanclng Digltsl Content: Investing in digitsi storytelling and inieractlve platforms to Inspire young people. Advo¢atlngfor Pollcy Support: Continulng to influence government policies to embed vocational tralning within strategic skills fr8meworks. Seeurlng Sustalnabie Incom¢: Div6rsifying income streams through strategic corporate partnerships and explorlngfee-based training programmes. Statement of Truste8$' Responsibilitle8 The Trustees are responsible for preparing the Trustees, Annual Report 8nd the financial statements In accordance with applicable law and United Kingdom Accounting Standar¢s. The law applic8bleto ch8rltl68 In Eng&nd and Wales requires the Trustees to prepara flnancial ¥t8tements for each fin8nci8lyearwhich give8 true andfairviewof the stateof aff8ir&of the chaiity and of the incoming resources and appllcatlon of resources of the charityfor th8t period. In prpparingthese financial ststements, the Trustees are required to: Select 8Uit8bLe accounting policies end then apply them conslstently: Observe the methods and principles inthe Charitie8SORP: Make judgements and estimates that are reasonable and prudent. AUTORAISE State whether applicable accounting standards hBve been followpd, 8ubje¢tto any material dep8rtures disclosed and explained in the financial statements: PreparethefinanGial statements on the going concern basis unless it is inappropriateto Presume that the charity wlll Continue in operatlon. The Trustees are r8sponslble for keeping sufficient accounting records that disclose with reasonabLe aocur8Cy 8tanytimethe financial position of the chsrityand enable themto ensure thatthefinancial statements complywith the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provision8 of the trust deed. They are also responslble for s8feguardiEryg the assets of the charity and Iience for tsking reasonable steps for tha prevention and detection Of fraud and other irregularities. Approved by ihe Board of Trustoes and Slgned on Its behalf by: Slmon Smlth Ch8ir ofTruKees Date: [CUr￿n1 Dato] AUTORAISE INDEPENDENT EXAMINER'S REPORTTO THETRUSTEES OF AUTORAISE Forthe year ended 31 March 2025 I report to the charity trustees on my examination of the accounts of the Charty for theyear ended 31 Marcb 2025. Responslblutles and basls of report As the charitystrustees, you ara responsible for the preparation of the accounts in 8ccordance with the requirements of the Charities Act 2011 ('the Act'}. I report in respect of myexamination of the charivs accounts carried out undersection 145 oftheAct and in carrying out my examination I have followed all the applicable Directions given by the Chatity Commission und8r section 145(511b) of the Act. Indgp¢ndgD.t oxamlner's statsment I have complet8d my ex8mination. I confirm that no material matters hgve come to my attention in ¢onn6Ction with tho examination giving me cSu$e to believe th8t in any matoriai respect. counting recoids were not kept in respect of tha charity as requlred by section 130 of the Act; or 2. the accounts do not accord with those records: or 3. th& 8¢¢ount8 do not complywlth the applicable requirements cori¢erning the form and content of 8¢count8 set out in the Charities (Accounts and Reports) Regulations 2008 other th8n any roquir8montth4tthe 8¢counts givea'true and fairvi6W which is not8 metter considered as part of 4n Indepondentexamination. I heve no concems and have come across no other matters in connectionwith theexamination to which attention should b6 drawn in thi$ report in orderto enable a proper understanding of the accounts to be reached. signed: Alison Marsh- Inslght Busines$ Solutions, 80 St Georges Road. Bolton BLI 2DD Dao: 5th Januery 2026 AUTnRAI:qF St*ement of FlnanciaL Activlties Uniestricted tunds Unrestricted funds 2025 1 2024 Income from: Donations Qther tyading attivlties Qther Income Total In¢ome 10,810 9,321 98,414 238,545 142,405 Expendlture on: Raising funds aritsble a¢￿VitieS Other thsts Total Expendlture 48,087 173.080 50,601 198.672 240,050 Net Incomel(oxpendlture) Transfers betsveen funds Net movement in funds 39,873 39,873 Reconcllfatlon of tunds: Total Funds Brought Forward Total Funds Carrled Forward 462,241 462,241 AUTORAISE BaL￿ce Sheet Flxed assets Tangible assets li 113 Current as$8ts Debtors Inventory Cash atbank 81198 13.600 325.472 427,270 80.515 17,000 510,948 Credltors: Amounts faulng due wlthln one year -66,314 Netcurrentassets Net asseis 462,128 462.241 3e4,596 Funds Restricted Income funds Unrestricted income funds Total funds 462,241 462,241 364,596 The finan¢Sal stalements were approved ty the Trustees and a￿hOriSed for issue on....................,...... on behalf of the B08rd ty: and Signed Simon Smtth - Chair -1( AUTORAISE 1 AcGountlng pollcies Charfty informatlon AutoRalse is a charity r¢gistered in Engl8nd and Wales. The wlnoipal office 18 Situated at 80 Sl Georges Road, Bolton, BL1 2DD. A¢¢ounting convention The charity constitutes a public ben¢fit entity as deflned by FRS102. The financial statemènts nave bepn prepared in 4ccor(lence with the Statement of Recomm¢nded Practlce". Accounting and Roporting by Chaitlies preparing thgir accoun1$ in accordance with the Financial Reporting Standard applicable in the UK and RepubllG of Ireland {FR$ 102)(October 2Q19} and the Financtal Reporting Standard applicable in the Untt6d Kingdom and Republic of Irelond IFRS 102) and the Charitles Act 2011 and UK Generally Accepted Practice. The Chaiity hgs taken dv3rt490 of Ihe provi8ions In the SORP for chariti6s not to prepare a Statement of Cash Flo￿. Th¢ financlal statements have been prepared to give a Irue and fai¢ vi8w and have departed from the Charities