ANNUALREPORTS AND FINANCIALSTATF.MENTS Tr"OR TIIE YEAR EIYDED 28TII FEBRUARY 2025 REVERSE THE TREND FOUNDATION (A COMPthY LIMITED BY GUARAKfF,F) REGISTEKED CFIARITY hlJNIBF.R: 1170880 RF.GISTF.RFD COMPth'Y h'UMBER: 10001362
REVERSE THE TREND FOUNDATION (A COMPMY UMrrED BY GUARMfEE) CO,NI LNTS Page 3 Legal and Administrativc Information Pagc4to6 Report of thc Directors, Pagc 7 Statement of Financial Activities Page 8 Balancc Sheet Pages9 lo 16 Noles to the Financial Statcmcnts Page 17 Indcpcndent Examincls Rcport
REVERSE ThE TrEND FOUNDATION (A COMPANY UMtTED BY GUAJIAMfEE) LEGAL knDMlhlSTRATIVE INFORMATlnN CIIARTTY hlTNIBER 1170880 COWKNY REGisfRAIION NUNIBFJI 10001362 DATE OF IYCORPORATIOY I lth Fcbruary2016 START OF FINANCIAL YEAR I st March 2024 EYD OF FtNAP4CtAL YEAR 28th February 2025 DIRF.cfoRS AT FF.BRUARY 2024 Sarah Morrow Mulang Shu Jade Pottcr Caitlin Hall GOVF.KNIliG DOCIIMEYr Mcmorandum and Articles of Association Incorporated I l th February 2016 0ECrS To advance the health and wellbcing of Childrcn living in the UL To (kliver this objcct the Charity wll; a) Provide high quahty cost effectivc health programmcs. b) Develop and innovative scrvices that addrcss thc nceds of thc changing population. c) Provide related training and education. d) Opcrdlc as to maximise the Charitable bcncfit of its income balancing costs and value generation. CORRESPONDEliT ADDRESS 71~75 ShcltOD Strcct IA)ndon WC2H 9JQ PIU.MARY BAliKERS Barclays Bank PIC I Churchill Place IA>ndon E14 5HP IliDEPEPiDE,NT EX4MlF.Rs Muhammad Farooq Khalid
REVERSE ThE TREND FOUNDATION (A COMPANY UMrrED BY GuAAMfEE) RF.PORTOFTIIE DIRECIORS, FOR TIIF, I'EAR ENDED 28TII FEBRUARY 2025 The trustees present thcir rcport along with the financial statcmcnts of the charity for the ycar ended 28 February 2025. Rcfcrence and administrative inforn]ation sct out on pagc 3 fornis part of this report. Thc financial statemcnts comply with current statutory requircmcnts, the Mcmorandum and Articlcs of Association and the Statemcnt of Recommended Practicc - Accounting and Rq)orting by Charitics (cffcctive from January 2019). Structure, Governance and NIAnagemellt The charity is governed by the Memorandum and Articles of Association of the company limitcd by guarnntec. The charity is governcd by a board of trustees as listed on page 3. Potential new trustces are nominated by exi.sting trustecs. The trustees havc considered the principal risks facing the charity and have put in place systems and controls to mitigate them. Safcguarding policies have bcen updated in the light of Covid-19. The trustees have engagcd with Hodwell Associates and Reach Volunteering as part of a funded programme from Ciry Trust to increase trustee numbers. Objectives and Activities Reverse The Trcnd Foundation works with children, young people, families and communities across the UK to improve physical, cmotional and nutritional health. There is a particular focus on mental health in light of the Covid-19 pandemic and the Cost of Living Crisis Revcrse Thc Trend Foundation recognizes thc importance of a systematic and multi-sector approach to tackling childhood obesity and mental health. We combine the best business practices with thc science of bchavioral change and apply this focus into all of our initiatives. We crcate evidence-based and evidencc-gathcring programs. In setting the objectives and activlties for the year, the tnistees have had regard to the guidance issued by the Charity Commission on public benefit. Achievements and Performance We successfully delivered a 12-wcek mental health programme to 5,756 children. During this period, we cstablished new strategic relationships with MAC and CAMHS. We are also in active discussions with a major distributor to scale delivery in 2026, with the potential to reach over 200,000 children. Collaborations We continue to work with government agcncics to implement our programs. We work closely with Public Health, Department of Education, Dcpartment of Hcalth, Nl IS, The Education Authority, Directors of Education in Wales, Safe Food, SNG, SHtNE Network in Scotland and Local government throughout the UK. We continue our relationship with CIVA and AHSN'S throughout England. Our UK Randomised control Trial is ongoing. Technology We continue to work with Microsoft's Non Profit programme and to comply with GDPR regulation.
REPORT OFTIIE DIRECtORS (Continued) FOR TIIE YEAR EliDED 28.rii F-EBRUARY 2024 Programmcs Wc continuc to crcate age-appropriatc matcrials and programmes to accommodatc childrcn and young pcoplc aged 4-18 years old. We havc dcvelopcd and extcndcd our programmcs bascd on evaluation and feedback. Duc to the success and appetite for our 12-wcek programme we are designing a ycar-round programme. We have stripped back our programmcs to create a minimum bascline of good mental health for children and young people. With only 5 % of NHS budgets spcnt on prcvcntion, we rencw our plcdgc to reverse the trend of childhood obcsity and poor mental healih. We have crcated extensive mental hcalth matcrials to work alongside our physical and nutritional health programmcs. We have endeavored to maximise inclusiviry with our programmes and work, providing translations of work and hard copies where online access is not available. We have developed a Ncuronimo At Home programmc for parents are carc givers. We have adapted the programme and dclivercd to 23,350 SEND young people. We have dclivcred the programme to 27,643 ESL young people. We have had requests to create a mental health programme for adults and corporates. Reach Wc have continucd to extend our reach to England, Wales, Scotland and Northern Ircland and Republic of Trclan(L Staff We have full time 3 employees on fixed monthly salary basis. Volunteers We continue to work with a total of 30 volunteers. COVI119 impact and Cost of Living As a charity we have continucd to be greatly impacted by COVID-19 and the looming cost of living crisis. Our young •• people have been impacted in both their mental and physical health through and post pandemic. The anticipated cost of living crisis combined with an energy crisis has further impacted both mental and physical health. Cold homes will have an impact as will reduced spcnding capacity due to rising costs of day-to day bills. Parental stress will impact greatly, and we anticipate a continued increase in dcmand for services as scen during Covid-19.Funding opportunities are greatly reduced, further emphasizing the need to diversify income. Financial Review The charity has made efforts this year to sccure outside funding and continued in this year to put in place the foundations needed to build reserves. We piloted 2 cross charity delivery programmes as a diversification of income source which was well received and we plan to continue. The trustees are confident that the ongoing works in getting the structure and procedures in place alongside anticipatcd contracts will in the future lead to a financially sound basis for the charity. Resern'es The charity has reached and maintained its 5 months rcscrvcs by generating unrestrictcd surpluses.
RF,PORT OF TIIE DIRECTORS, (Continued) FOR THE YEAR ENDF,D 2KfFI FEBRUARY 2025 Statcmcnt of Directors, Responsibilities The Charities Act and thc Companics Act rcquire the Board of Trustces to prcparc financial statcmcnts for each financial ycar which givc a true and fair view of the statc of affairs of thc charity as at the end of the financial year and of the surplus or dcficitof the charity. In prcparing those financial statcments the Board is rcquircd to :_ select suitablc accounting policics and then apply thcm consistently; makc judgements and estimates that are reasonablc and prudent; 15. prepare thc financial statements on the going conccrn basis unless it is inappropriate to presume that the charitywill continue in business; i& state whether applicable accounting standards and statemcnts of rccommended practice have been followedsubject to any material dcpartures disclosed and explained in the fmancial statements. The Directors are also responsible for maintaining adequate accounting rccords which disclose with reasonable accuracy at anytime the financial position of the charity and which are sufficient to show and explain thc charitys transactions and enable themto ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made undcr the Charitics Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonablc steps for thcprcvention and dctcction of fraud and other irregularities. The Directors are also responsible for the contents of the Directors, report, and the responsibility of the independent examiner inrelation to the Directors, report is limitcd to examining thc rcport and ensuring that on the face of the report. there are no inconsistencies with the figures disclosed in the financial statements. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. I approve the attached statement of financial activities and balance sheet for the year ended 28 February 2025 and confm that I have made availablc all infonnation necessary for its preparation. Approved by the Directors on the 22112125 Signed on their behalf by Director
REVERSE TFIE TREND TrOUNDATIOIY (A COMPANY LIMrrE.D BY GUARAKfEF.) STATEMF.hT OF FI'clAI. AcfiviTIES FOR TIIE YEAR ENDED 28TII FF.BRUARY 2025 OJKorp(xxting knc£xne & Expiditutt Acuwnt) Unrcstrictcd Rcstricted Fun(L8 Fun& TOTAL 202dV25 TOTAL 2023124 Notes LYCDMING RESOURCFS Income RalrreS from Crtnerated Funds Donations Grants & L£gxics 57.418 59.454.77 116,872.77 105.418.18 Invcskncnt Incorne 2b Activitics for Gcncrating FurMIs 4.078 TOTAL L%CO.MLNG RTrSOLRCES 57,418 59,454.T7 116J72.T7 110,451 RESOLRCES EXPF%I)ED Cost of Generating Fundj Cost of Chantsble Activitscs 60.799 59.454 77 120253.77 108.787.23 Cost of Gcncrating Funds 3b Govcrnance Costs 700 TOTAL RESOLRCES L'SLD 60,799 59,4_41.77 120253.TI 109,48723 TT C()1cloLTGOITr4G) IIFSOLR(ES (3J81) (3J81) Balance Broughi Forward 16,628.05 16,628.05 16,619 Introductson of Irning Managemcnt Systcm 4&17 TOTAI, FUNDS CARKITr'D TrORIVARD 13247.05 13247.05 16.628.05 Movements on all rcscrvcs and all rccogmscd gains and losscs arc shown abovc. All of the charity's orKrations are C1d as continuing. TIK noles on pagcs 9 to 16 form part of thcsc financial statcmcnts
BALANCE SIIEET AS AT 28TII FEFIRUARY 2025 Unrcstrided Funds Rcstnctcd TotAI 2&Feb25 Totxl 2&Feb14 Notej Fixed Ajscts TInble Asxts Intan7)IC knscts 4,690 173,867 4.690 173367 ITJ,867 178,557 178,557 173J67 Current AAsets Stock Dcbtors & Prcpaynxnls Cash at Bank and in Hand Totxl Currtnt Assets 16 lJ20 9.05 l J29.05 25 (700) Creditors: amounLs falling duc within onc pr 629.05 ET cuRREr ASSETS 174A96.05 TOTAL ASSETS less current Ilabllitiej 178582 (36,620) Credltorj: amounts fallin% due In more than one year IW82 137,876.0S ET ASSF.TS 17L$82 Funds dthe ChArity Gcncrnl Funds Rcstnctcd Funds 178582 137,876 05 178382 178582 178J82 137376.05 TotAI Funds Di15, Responsibilities: The Directors are satisfied that for the year ended on 28th February 2025 the char"rtable compary was entitled to exemptlon from the requirement to obtsin an audit under section 477 of the Companies Act 2006 and that no member or members have required the compary to obtain an audit of its accounts for the year In quests'on in accordance with sectlon 476 of the ACL However, In accordance with section 145 of the Charities Act 2011, the accounts have bn examined by an Independent Examiner whose report appears on page 18. The Directors acknowledge their sPonsIbl11ty for complying with the requlrements of the Companies Act 2006 with respect to accounting records and the preparatson of accounts. The accounts have been ppared in accordan with the provlsions in Part 15 of the Companles Act 2006 applicable to companies subject to the small companies regime and in accordance with the Financial Reporting StsrKJard applicable in the UK3nd Republlc of Ireland (FRS102). The Directors acknowledge their responsibility for ensuring that the company keeps proper accounting records which comply with seth'on 386 of the Act and for preparing finanoal statements which give a true and fair view of the stste of affairs of the company as at the end of the financkl year and rf its profit and loss for the financlal year In accordance with the requirements ofsections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so faras appllcable to the compary. 22 DecembY025.... Approved by the Directors on Signcd on thcir bchalf by Dircctor Prlntcd Name lulang Shu
REVERSE THE TREND FOUNDATION (A COMPANY UMrrED BY GUARAMfEE) li0I"LS TO I"IIE FINANCIAL STAI LMENTS F'OR TIIE YEAR LSDED 28 111 Tr"Tr:BRUARY 2025 l. ACtDirYrt,%G POIJCIF.S (Cofidnued) Bash of Pttparndon & Ajsessmtnt of Golng Concern BAJIJ of PrtPAration Thc finAncial MentS have lttn prcparcd under the historical cost convcntion with itcmj recol$ed at cost or Iransacti on valuc unlcsj otherwise stated in thc rclcvAnt notes. The financial statcments have bcen prcparcd in Accordance with the Statcment of Recommcndcd Practice: Accounling and Rcportin8 by Charilieg prcparing thfflr accountq In accordance with thc Financial Rcporfin8 StandArd applicable in the UK and Rcpublic of Ircland (FRS102) (cffcctivc l JanuAry 2015) - (ChantsC8 SORP- FRSI 02) and Ihc Charitics Act 2011, The Chanty mccli thc dcfmitson of a public bcncfil cnlity undcr FRSI 02 Assctj and liabilitics arc inilially rccogniscd Al hilnCIl cost unlcss othcrwse stsled in the relcvant accounting policy notes. Asstssment of GoinR Concern Preparntton ofthc accounts is on a 8oin8 conccrn basis. The trustccs cornqidcr that therc arc no matLYial unccrtainticg about the Charity's ability to continue as a goin8 conccrn. The accounts hAVe bccn prq)ared on thc assumpiioD thal thc Chanty is ablc to continuc LI A going concern which the Tnutccs Co11der appropnatc havm8 regArd to funding sccurcd for 2024125. Thc Trustccs have proded ongoin8 SUPPOrt to the Chanty and havc obtaed loan finance. allon8 thc chanty to carry out further scheduled charitable acti(leS dunng this financi pcnod. Recognltlon of Incoming Rejourtts Thcse arc Inclu(kd in the Ststcmcnt of Fuwicial Actsvltics (SOFA) whcn. • thc chanty becomcs entsilcd to the rcsources; . the tnLStees arc rtuAllY certain they will rcceive the resources; •nd . thc moneiary value can be me&wrcd with sufficient rchabiliry Incoming Resources wlth Relaled Expenditure Wherc Incomin8 resources have rrlatcd cxpcnth'turc (as with fundraising or contract Income) the incomin8 rcsource and rclatcd cxpcndjturc arc rq)ortcd gross in thc SOFpA. Grants and DoDAtiong Grants And D(tt(s are only mcludcd In the SOFA en thc chanty h&s uncond1tsal cntstlcmcnt to the regoum. Tax Reclalmj on DonAtlonJ and Giftj Incomm8 resourca from tax rcclallns are mcludcd In thc SOFA at the samc time as the gjft to which they relate. Contractual Income and Perforniance Related Grants This is only mcluded thc SOFA once the rclated goods or scrnccs has bccn dchvcrc(L Donated Serylcej and Fialities Thcsc Arc only included in mcoming reSCeS (with an quivalcnt amount in rcsourccs expended) whcre thc bcncfit to thc chanty is rcasonAbly quantifiablc. mwurnble and matenAI. The valuc placcd 00 thcsc rcsourccs is thc cslunatcd valuc to thc chanty of the scrnce or facility receiv Voluntetr Hdp The valuc of any voluntary help recfflved is not mcluded In thc accounts but Is dcscribcd m the tnl¢es, annual rc Investment Income This cIudcd UJ tlic accounts when receivablc. Investmcnt Galns and lA)Jses This includcd any or loss on the SAIC of Invcslmcnts and any gain or loss rcsulting from rcvaluing invcstmcnts to markcl value at thc cnd of thc ycar.
REVERSE THE TREND FOUNDATION (A COMPANY UMrrED BY GUARANfEE) PiOTF..S TO THF. FINAIN'CIAL STATENITr".KfS (Continued) F"nR TIIF. YF,AR EPIDED 281.11 Tr"EBRUARY 2025 I. ACCX)U%TING POIJCIFS (Conilnued) Expenditure and Uablliilcg Llability Re¢oEnltlon LAabilittes are rrco8nised As s4x>n as there is I Icgal or constNctive obli88li(m committing the chanty to pay out rcsrnirccs, Covern*n¢e Costs Inclu(k costs of the FKeparntson and exArnmation of statulory counts, thc costs of thc trUStccs' mectings And cost of any le811 advice to tThte¢S (xi 8ovcrnance or c(mstiluti(mal malterj. C•rAnts with PerforniAnct Condltions Whcre thc chanty l'eS a grant conth'tions for its paymcnl bcin8 a spccific Icvcl of scrvicc or output to bc provide(L Juch yants arc only rccognised in thc SOFA once thc rccipicnt of the granl has pr0dCd Ihc spccificd servicc or output. Grants Payible without Pcrforniance Conditions Thcse are only recogniscd in the Accounts when a commitmcnl hAS bccn made and thcre are no condjtions lo bc nt rclatsng to a grant wknch remain in control of thc charity. Support cty Support costs Include central functions and have bccn allocalcd lo ackn"ty Cost catC8ories on a basis consistcnt with thc e of thc resourcc8. e8 allocating propcrty costs by floor areas. or tKr capiia. staff costs by thc timc spcnt and othcr cosls by their usagc. PenJionJ Tr Chan'ty opcrntcs a &fine contribution pcnsion schcmc and the pcnsion charge rcprescnts thc Amounts payable by thc company to thc fund in respect of thc fitwjcial pcno(L Pension contnbutsons arc chargcd to thc Statcmcnt of Financial Activitics as thcy bccomc pyable. Tautlon The Chanty is rxcmpt frorn tAX on its charitablc xtivitscs. .egal Status of tbe Charlty Thc charity is a company ljmitcd by 8uaranlcc and has no sharc capital. In thc cvcnl of thc charity bcing wound up. thc liability In rcspcct of thc guarantee is Iimilcd to £ I w mcmbcr of thc chanly. Tr'ixed Tgible Ajsets Tanble fixcd asscts for usc by the chanty, thcsc arc capiLiliscd if thcy can be uscd for morc than one year, and cost at Icast £ I,O(X). Thcy arc valucd at cost or. IrfiC{L At thc value to the chAnty on recam. Investments Investmcnts quoted on & rrcogniscd stock cxchAn8c are valucd at markct value at the year cn¢L Other invcstmcnt asscts arc mcludcd at tntces, bcst ethmate of mArkct value. tkprc¢iAtion Eense Dcprcciation Is calculatcd at a rnlc to writc off thc cost of tanbIC fixed asscts on a rcducmg balance basis ovcr thcir cstsmatcd uscful livcj. Thc ralcs applied pcr annum arc as follows: Gcncral Eqwpmcnl Rcstnclcd F4Ument Amortization E4Knse Amort17Ation 11 bc calculalcd al a ratc lo wntc off th¢ cost of Intan8iblc asscts on a rcducing balancc basis from FY 2026. Thc rates applicd pcr annum arc as follows: Intangiblc Assets 33.33•/0 Siraight Lmc Baqs 33.33•A Strwsht Luje B&ffls 20•/9 Straight ne Basis Thcrc has be no changc to thc accountin8 policies (vajuation rules and methods of accountUl8) cxccpt amortuation policy addcd since Il pr. 10
REVERSE THE TREND FOUNDATION (A COMPANY UMfTED BY (XJNAAMfEE) NOTES TO THE FINANaAL STATEMENTS (Contlnued) FOR THE YEAR. ENDED 28TH FEBRUARY 2025 Urncqtrictd Regtrictd Fundg Fund• T(yfAL 202W25 TOTAI. Notrj a) Donltlons Grints & Iwci Gifts & tknAtILXIJ 57.418 59,454,T7 116,872.77 105.418.18 57,418 59J54.T7 116J7L77 IW18.J8 b) lovestment ljcon 9&18 57,4111 116J72.Tl 109 11
REVERSE THE TREND FOUNDATION (A COMPANY UMtTED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (Contlnued) FOR THE YEAR ENDED 28TH FEBRUARY 2025 3: RFSOI,'RCES EXPEJDED UNestriCtcd Rcstriclcd Fun& TOTAL 202W25 T(YfAI. 2023n4 a) C(wts of Charttahle Actlrftks Administrative Cl Baftk & Intcrtst CIw8CS 10,633 58 10,633 58 .420 16,162 86301.13 3.280 59,454.77 59.454.Tl 50.108 Salancs & Wa8CS Wcbsite Costs 50,108 59854.T7 1203S3.T7 108,7f.13 b) C(Art of Generati Funds Fun&aising Carts c) Goyernanct Costs Indcprndent Exammern Fce 12
REVERSE THE TREND FOUNDATION (A COMPANY UMrrED BY GUARAMTEQ NOTES TO THE FINANCIAL STATEMENT5 (COntInu1) FOR THE YEAR ENDED 28TH FEBRUARY 2025 4. RbSTrICTED FUM)S PREIIOLS FThAN(JAI. YFAR BalAnce 01.Mir-11 BIlAftce EXn{h,1u TrnMferJ Sovemgn Thc Westminster Foundation The Hampstcad & Campden Wcllj TnL The Young Camden Foundation 41.988 I,8} 36,766 77 41,988 36,788.77 Lurnin8 Mana8cmcnl PrOArn 41,988 84354.77 41,988 84A54.T7 $4854.77 Batsnce 01-MAr-24 BalanLY Income Expenthturc Transfcrs Sovcragn Thc Wcstminster Foundatson 16,988 1,81J) 36.766.77 16.988 36.788.77 Sl 59,454.77 59J54.Tl 59,454.77 Ikarning ManA%ement System - Onlinc resourccs for Children and Young Pcople to dclivcr spccific learning proprllncs. The rcstrictrd funds hcld arc rcprcscnlcd by thc Chanty's cash rcscrvcs and stock Mal&ll]ed and are to Ix expcnded as specificd above. 13
REVERSE THE TREND FOUNDATION (A COMPWf UMITED BY GUhPAWEE) NOTES TO THE FINANCIAL STATEMENTS (Contlnued) FOR THE YEAR ENDED 2sfH FEBRUARY 2025 5. DLBTOFLS AND PREPAYNIF.Yrs Unrcstrictcd Fd RcstridLyJ Fund Totsl 2&Fd2s Sun&y Dcbtors JJ29 6. CASII ATBAYK thD IN Unrestricted Rcstnctcd Fund TotAI 2&F&25 Cash at Bank and in Hand 25 7. CREDrroRS: AMOIThTS FALLThC DIT wmiiN YEAR Unrcstrictcd Rcsthctcd Fund Total 2&FdL$ Sundry Creditor5 Indq)cndcnt Examu)cr5 Fee 8. CREDrroRS: AMOUNTS FALUNG DLE IN MORE TIIAI% YEAR Unrcstncted Rcstrictcd TotAI 2& Totsl 2 Fund Fund Fd25 F&24 Bounce Back I] Pnvate LA>an Thc Charities Aid FOutiOn . Thc Ccntrc for Innovation & Voluntary Action - tA>an 4.620 4.620 4.620 32,lJY) 32.(XM) 32,1Y)O 36,620 36ffj20 36,620 Thc Charity secured a Governmcnt~Backed Business Intcrniption Paymcnt - Bouncc Back Loan via Barclays BanL Thc Chan"ty sccurcd a £1 O.(K)O loan at 2.5Q/• Intcrcst no rcpayThcnts duc wthin thc first ycar and rq)aymcnt Icmu of 72 Months. On thc 9th August 2021. thc Charity obtained an unsccurcd LA)an from Thc Ccntrc for Innovation & Voluntary Action. The Chanty obned an unsccurcd Loan of £32.000 at 5.0(r/• intrrcst and rcpaymcnt of 36 Months. 14
REVERSE THE TREND FOUNDATION (A COMPANY UMrrED BY GUARAKfEQ NOTES TO THE FINANaAL STATEMENTS (Contlnued) FOR THE YEAR ENDED 28TH FEBRUARY 2025 9. NET KSSETS BEIIVELY FUYDS Unrcstnc*d Ratridcd T(ts11He T(rtxl 2&Fe24 Fun(Lq Funds 173,867 173,867 173,867 629.05 (36.620) Fixed Asget Investments Nct Currcnt Asscts Long Terni Liabilitics (36.620) (36.620) 1373n 1373n 137A76.05 10. RECONCIUATION OF MOvEmEr oy CAPITAL AND RESERVF.S The Company is Limitcd by Guarantee and is a Charity re51cred the Charity Commisgion number 1170880 And Is Dot. thcrcforc, subject to Corporatson Tax and does not have a Share capital. TOTAL 202 TOTAL 2023n4 Profit / (tkficit) for thc financial ycar (Jhcr Rccognis¢xl Gains (3J81) 9.05 (3J81) 16,628.05 16,619 Balances Brought Forward 13247.05 I628.05 Closing Funds at 28TH Fcbruary 2025 11. STAFF COSTS A%T) hlTMBFKS The Charity cmployed no mcmbcr5 of staff dunng this or thc prcvious financial year. Thc Charity continucs to usc Ambassadors on a sclf- employcd basis and outsource our productjon tcams. Wc aim to rccruit pcrnancnt staff In Imc with thc expansion of thc progrnmmc and Rcr in 202412025. Thc kcy managcment pcrsonncl of the chantsblc company compriscs the trustccs and CEO. 15
11 PA}ENTs TO DIRF.cr()R.S AYD RF.I,ATED PARTIF.S On the 17ih January 2017, thc Tte¢S agrccd to Acqu¢ the use of Jervicej for rcscarch and dcvelopmcnt purpogcg and agreed for Ihose geTvices to bc delivcred by Neurommo Limitcd (Rcgislcrcd Company Numbcr N1655004). It wa9 agrttd that thc rcsearch and prngramme delivery services would be admini8tcrcd by Ncwonimo Limilcd (Rcwstcred Company Number N1655004) At no initial annual cost. which would bc Thiewcd nUallY by the TTUStecs. The Chicf Executsvc OfficLY of Reverse The Trend Foundation (Rcgistercd Charity Number 1170880), Mrs clI1n Ilall is a Director and Sharcholdcr of Ncuronimo Limited (ReStered Company Number N1655004) and holds the Trndemark for Ncuronimo hAvin8 created Ihe progrnmmc. The Chief Exccutsvc Officer, Mrs CdIn Hall is also rclalcd to Rcvcrsc The Trcnd FoundAtion Tnutcc, Mrs Sarah Morrow and all conflicts of intcrcst have been idcntificd, mana8cd and documcntcd In accordancc with the Charitys Cjovcrning 13. RISKASSFSSMEKr The Directors activcly review thc major risks which thc chan'ty faccs on a regular basis and bclicvc that mntaInIng thc frce rcKrve8 stated combincd with thc annual rrvicw of the controls ovcr kcy financial rystcms carricd out on an annual basis will provide gufficicnt resources m the event of advcrsc conditions. Thc Directors havc also examined othcr opcrational and busincss risks which they face and confirn] thal thcy have establishcd systems to mitigatc thc significant nsks. 14. RESERVES POLICY The Directors have considercd the levcl of rcservcs they wish to rclain, approprialc lo thc charitys nccd8. Is bLsed on the chantys $e and the level of financial commitments held. Thc Directors aim lo cnsurc thc charity 11 bc able to conlinuc to fulfil its charitsble objectivcs even rf thcrc is a tcmporary shortfall in incomc or uncxpcctcd expcnditure. The threctors will cndcavor not to set de funds unnecessarily. 15. PLlJc BF.NF1T The Chanty acknowlcdgcs Its requircmcnt to dcmonstrate clearly that it must havc charitable purposes or 'aims' that arc for thc public bcncfit. Dctails of how thc charity has achicvcd this arc providcd in thc Trusttts report. Thc Trustccs confirm that thcy havc paid due regard lo the Charity Commission gwdancc on public bencfit beforc deciding what activitics thc chanty should undertakc. 16. STOCK There is zcro invcntory during thc yrar. 17. Intangible Assets Intangible asscts consisls of thc Learnujg Managcmcnt Programmc wknch is uscd as an online rcsourccs for Cknldrcn and Youn8 People to delivcr specific learning prorynmcs Programmcs credit arc chargcd at US Dollar ratcs In ordcr to gcncratc profits to furthcr thc Chantys objects. 16
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS te members of Revcrse The Trcnd Foundation on the accounts for thc ar cnded 28th Feb Respective responsibilities of trustees and examiner Chari trustees (who are also the directors of the company for the purposes of company law) arc spons rq)aratson o financial statcments. The trustees are satisficd thal thc audit rquircmcnt of Section 144(1) o ct20 (the Act) does not apply. and that thcre is no requirement in the governing documcnt or constitution o onducting of an audit. As a consqucncc, thc trustces have clectcd that thc financial statcmcnts bc sub" examination ind g satisfied myself that the charity is not subject to audit, and is eligible for indcpendent examination, it is responsibility o:_ examine the accounts undcr section 145 of thc ACL b) to follow thc procedures laid down in the Gencral Directions given by thc Charity Commission und 145(5)(b) of the Act; an(L' to state whethcr particular matters have come to my attention. Basis of independent examiner's statement I conducted my examination in accordancc with the Gencral Directions given by the Charity Commissioners for England & Wa in relation to thc conducting of an ll)dcpendent examination, refcrred to above. An independent examination includes a review of the accounting rccor(Ls kcpt by thc Charity and of the accountmg systcms employed by the Charity and a comparison of the financial statemcnts presented with those records. It also includes consideration of any unusual items or disclosurcs in th financial statements , and seeking explanations from you as trustees conccrning such maltcrs. Thc purposc of the examination is to establish as far as possible that there have been no breaches of thc Charities 4cgislation and that the financial statements comply with the SORP, on a test basis, of evidence relcvant to the amounts and disclosures In the financial statemcnts. ecti The procedures undertaken do not providc all the evidence that would bc rcquircd in an audiL and inforniation supplied by the trustecs in the course of the examination is not subjected to audit tcsts or enquirics, and consquently I do not cxpress an audit opinion on the view given by the financial statcmcnts, and in particular, I express no opinion as to whether the financial statcmcnts vc a true and fw view of the affairs of the chanty, and my rq)ort is Iimitcd to the matters set out in the statcment below. I planncd and perfornicd my cxamination so as to satisfy myself that the objectives of the indepcndent examination are achieved and before fmalising the rq)ort I obtam written assurances from the trustecs of all material matters. Independent examiner's statement In thc course of my examinatioo no matter has come to my attention: which gives mc rcasonablc cause to believe that in. any material respect, the trustees requircmcnts: ' to kecp accounting rccords in accordance with section 386 of thc Companies Act 2006. and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the mcthods and principles of the Statemcnt of recommendcd Practice: Accounting and Reporting by Chanties. have not been mct; or to which, in my opinion, attcntion should be drawn in order to cnablc a proper understanding of the accounts to be rcache(L I have no concerns and have come across no othcr matters in connection with the examination to which atlcntion should be drawn in this report in order to enable a proper undcrstanding of thc accounts to bc reache(L Muhammad Tr"arooq Kllalid Chartered Certified Accountant 95C BelleGrovc Road Wclling Kent, l.ondon DA16 3PC 17