wexsolve problems We Solve Problems CIO Charity Registration nos. 1171037, SC054284 Annual Report and Accounts for the period to 30th June 2025 WeSolveProblems.orÉ.ul4
We Solve Problems CIO Table of Contents Table of Contents Foreword by the Chair of the Trustees Objectives, Activities, Mission and Background Short- and Longer-term Aims Our Formats and Resources M aths Circles M aths Battles London Verbal Maths Challenge OurAudience Maths Problems Database Achlevements and Performance Maths Clrcles Tutoring Team Events ContrlbutSon of volu nteers Public Benef it Structure, Governance and Management Grassroots level Currlculum and Currlculum Team Central office io Governance io Flnanclal Revlew li Fundlng Rlsk Management li 12 ReseNes policy 12 Going Concern 12 Reference and Administrative Details 13 Statement of Trustees responsibilities in respect of the Trustee annual report and the financial statements 14
We Solve Problems CIO Independent Examlners Report 15 Statement of Financial Actlvltles 16 Balance Sheet 17 Notes to the Financial Statements 18 Please note: permission has been granted for We Solve Problems to use all Included images.
We Solve Problems CIO Foreword by the Chair of the Trustees Welcome to our eighth formal Annual Report. During the 2024/25 period, we have continued to strengthen our presence in London, while also extending our reach across other parts of the UK. It is particularly encouraging to see our activities becoming more geographically dispersed, as this allows us to bring the benefits of our method to more children and families, and to build new local communities around our style of mathematical learning. At the same time, we are increasingly conscious that the long-term strength of the charity depends not only on opening new sites, but also on investing in the people who deliver our work. Our tutors are at the heart of the experience we offer, and we are therefore creating clearer avenues for developing their skills, supporting them in their roles, and helping local teams grow in confidence and expertise. This is essential if we are to preserve the character and quality of our programme as the organisation expands. Naturally, the growth of the charity also requires growth in our central office. Yet we remain committed to running a lean operation, with the purpose of the centre being not to accumulate bureaucracy, but to support and empower our local tutor teams. It is at the grassroots level that the real work of the charity is done, and our task centrally is to equip those teams with the structure, resources, and guidance they need to thrive. We are also greatly encouraged by the positive feedback we continue to receive from students and parents. It is heartening to see that our work is valued not only for helping young people develop mathematical skill, but also for building their confidence and enjoyment of the subject. This gives us good reason to believe that there remain many further opportunities for the charity to grow and deepen its impact. As ever, the credit for this progress belongs to the team, and particularly to our General Manager, Ignat, whose tireless work has helped put in place the systems needed to support this next stage of development. We look forward to more problems solved, more young people inspired, and more path5 opened in the years to come. Amir Aliev Chair of the Trustees
We Solve Problems CIO Objectives, Activities, Mission and Background Mathematics is becoming ever more important in the modern world. It shapes how we understand data, solve problems, make decisions, and participate fully in an increasingly technological society. Yet, in the UK, there are still too few meaningful "ladders" that help young people at KS3 and KS4 deepen their mathematical thinking and continue developing their confidence outside the classroorn. Our charity exists to help fill that gap. Through free weekend maths activities, we create opportunities for students to experience mathematics as something active, social, and intellectually exciting. We believe every young person should have access not only to Strong mathematical foundations, but also to the encouragement, challenge, and community that allow those foundations to grow. Too often, the school curriculum can feel insufficiently engaging and leaves little room for conversation, collaboration, and shared discovery. We therefore design programmes that make mathematics more exploratory and more human: students discuss ideas, work together, test different approaches, and build confidence by learning with and from one another. Our mission is to make high-quality mathematical enrichment accessible to all, and to help more young people see maths as a subject in which they can thrive. The charity has been set up for the public benefit in terms of encouraging and helping curious pupils in school years 7-11 {ages 11-161 to understand mathematics and further their educational needs. The trustees have had regard to the Charity Commission's guidance on public benefit. Short- and Longer-term Aims In both the short and long term, Maths Circles remain the primary means of delivering the charity's mission. During the 2025/26 academic year, we are on trackto engage more than 700 pupils, helping to increase their enjoyment of maths and strengthen their mathematical skills. For the first 6 months of 2025126 we have a strategic focus on the following key priorities: l. Onboard more universities reaching and surpassing 700 pupils attending Maths Circles. We actively work to keep expanding our Circles both in terms of the number of pupils attending, and in terms of the number of locations. 2. Strengthen our tutoring team, ensuring they have sufficient scaffolding through a Series of in-person training sessions. The training programme is to be further developed to include a second training session for the tutors {in addition to the inception training for new-coming tutors). Apart from that, a dedicated Head Tutors training is to be devised. In a longer perspective, we will be addre55ing the following issues l. Develop a scalable screening process for the prospective pupils for regions with especially high demand like London. The concept introduced in previous years is to be polished and improved: London Verbal
We Solve Problems CIO Maths Challenge. The difficulty is that with the growing demand the capacity of the Verbal Challenge is not sufficient to accommodate all interested pupils, and it becomes necessary to run a comprehensive selection process on-line as well. 2. Evaluate pilots of inter-school maths battles in between selected interested schools, having in mind the eventual launch of the Maths Battle League. The potential structure of the League and accessibility of the Battles will be analysed based on the experience and feedback from participating schools and maths teachers. Our Formats and Resources To engage motivated kid5 and provide them with opportunities in learning advanced mathematics, our charity is focusing on running Maths Circles and Maths Battles at university premisses around the UK. Maths Circles Maths Clrcles are free weekly in-person sessions encouraging two lifelong transferable skills: problern solving and articulate reasoning. The Circles are based on specially selected fun mathematical topics which are independent of the school curriculum. It makes the Circles accessible to curious kids from diverse educational backgrounds. The tutors are mainly maths undergraduate and post-graduate students. This brings into the learning setting relatable role models of closer age. The high ratio of I tutor per 5 pupils gives a significant amount of interaction time for the pupils to enjoy. The Circles are run at the university premises, making them even more appealing to secondary school pupils and homeschooled children of appropriate age from local area. Advanced Moths Circles The Advanced Circles is an online one-to-one tutoring programme for our pupils who require additional challenge and stretching, with a focus on preparation for national and international mathematical Olympiads. They are run by selected tutors, most of whom have themselves achieved top results in such competitions, including IMO silver medallists. Maths Battles Maths Battle5 are team debate competitions during which team members are not only to solve rnathematical problems, but also to presents their solutions for the Scrutiny of the opposing team. Thus, a team can gain points both by correctly solving problems, and by improving solutions of the opponents. The necesslty to choose which problems to request from the opponents adds an element of tactical planning making the Battle even more engaging for the participants. Maths Battles are held every half-term at each of our Circles. They serve both to teach the pupils speaking in public and civilised debating, but also as an additional incentive for studying during ordinary Maths Circles. The problems in the Battles are usually based on the topics studied in the past half-term, and thus the success on a Battle is dependent on the attendance and effort during the preceding Circles, which in this context can be thought of as the training for the Battle5,
We Solve Problems CIO Inter-schools Maths Battle Twice a year we host Inter-school Maths Battle for 8 teams at once invited from different Maths Circles run by WSP, but also from different local schoo15 or other extra-curricular maths programmes. The daylong event has a lunch break in-between the Battles and a public lecture by well-known British mathematicians and authors, like Rob Eastaway, Junaid Mubeen, Alex Bellos, and Simon Singh. London Verbal Maths Challen The London Verbal Maths Challenge is a unique type of event for the UK - an oral mathematical Olympiad, run in person at the King's College London. During the event, the pupils are given a series of advanced maths questions from different mathematical areas and at different levels of difficulty. Once a question is completed, they verballv present their answers to one of WSP'S adjudicators, all of whom will be students of mathematics, or professional mathematicians from the London Universities. The Verbal Challenge is a fun and entertaining event, open for participation to all children of appropriate age offering an opportunity to test one's mathematical abilities in a novel way. It also serves as screening for the Maths Circles- the best performing pupils are invited to Study in Maths Circles at King's College London and University College London. Our Audience The pupils of Years 7 to 11 are invited to join the programme, with a very few exceptions made for Year 6 students. Our Curriculum is created in such a way that any motivated and interested child can attend the programme independently of their grades or knowledge of specific school topics {apart from arithmetic). However, Maths Circles is not a rigidly structured activity and only benefit children with a high level of autonomy and internal motivation to solve maths problems requiring more than routine application of mechanical rules and approaches. Accordingly, our age restrictions are not based on the level of maths required, but on the general maturity of a person to work on their own, potentially surrounded by older children, or together with them, and occasionally participating in debate competitions with older students. Maths Problems Database The roblems.or .uk website is a publicly accessible maths problems database. While it is primarily used by our own team to prepare problem sheets for our activitie5, we alway5 happy to collaborate and share it with interested schoolteachers and other professionals in the area. Currently the database contains over 3400 problems.
We Solve Problems CIO Achievements and Performance Maths Circle5 By the end of the 2024125 academic year, we are operating 19 Circles in total, and the total number of students, who attended Circles, reached 641. At the start of the period under report {end of the academic year 2023124) we were running nine Circles: Four sessions at King's College London and University College London. Two sessions at Warwick University. And one session at each of Keble College {Oxford University), University of Bath and Cardiff Un iverslty. With a typical Circle running for a benefit of about 30 students, we had 318 students from local schools registered in the programme. In 2024/25 academic year we have expanded operations by opening 4 more sessions in November 2024, and 6 more along the year, with the last one hosted by the University of St Andrews. Overall, we added Bristol, Cambridge, Leicester, Uxbridge and St. Andrews to our map of activities, as well as started additional sessions at existing locations in London, Oxford, and Warwick. • St.Andrew& For operations in Scotland, we have incorporated necessary alterations to our Constitution and applied to OSCR Scottish Charity Regulator for registration of the charity. • Lelceslei • ¢•mbrldgè •Oxfvd B8th BWMI, KCL+ UCL Wk• The breakdown of our cohort as of the end of the academic year is the following: Years 7, 8 and 9 were represented approximately equally with 25% each. Another 16% of the pupils were of year 10. 76.7Yo of the pupils were from free types of schools. About 40Yo of the pupils were attending Circles in London. There was no gender data collected until last quarter of the academic year, when it revealed a significant presence over 29.5% - of female maths enthusiasts within our Circles. Cthrdllf • •• School Type Pupils per Schts)l Year Gender of the pupils 5.3% 4 119 1182 •oJ• 78.7% 711P7. 1011S4 St8ttrfunded I voluntary i fee free IndeperKlentlf8e-paWno I11v • 711P7-St • QNS2 NSJ # 101184 • 1111S5 • 18 • Female Prefer nol to say
We Solve Problem5 CIO Some testimonials of our parents: S., parent of a boy Y9 and a girl Yll the concept of a math circle/battle ... has opened the minds of both kids, not justfrom a how to do maths perspective but the approach and obility to orticulate one's thoughts whilst developing confidence to realise that you leorn maths by doing and that means by getting questions wrong. R., parent of a boy Y9 A. has truly enjoyed being part of the Maths Circle for the last three years, and it has greatly helped him improve his logical and analytical skills C., parent of a girl YIO . the sessions .. have led her to open her eyes on different ways to approach maths concepts and how to solve complex problems Tutorin Team Along with the growth of the number of Circles, our tutoring team has also expanded. At the end of the period under review, we worked with 98 tutors in total. Out of them there were 55 Undergraduate and Postgraduate students of Mathematics and related areas (56%}, 26 Sixth Form pupils127%, predominantly from the King's College London Maths School), and 17 PhD students {17%). Testimonials of our tutors: Andres It Is incredibly rewarding to have the opportunity to influence the mathematlCGI learning of so many young students. Jan l om immensely proud that I have been oble to participate in the process of bringing this learning style to my country of birth, and offer the opportunity I would have loved to have as child. Events During the 2024/25 academic year. there were two editions of the Verbal Challen e run: in October 2024 with 114 participants (52 people invited to join the Circles), and in February 2025 with 99 participants155 invited). During the same time, we hosted three Inter-school Maths Battles.. two in London, and one in Bristol. On the London based Battles in December 2024 and May 2025 we had four guest teams in total: three from the Parallel Academy { arallel.or and one from London School of Mathematics and
We Solve Problems CIO Programrning. Guest lectures were delivered by Simon Singh (simonsin (tomrocksmaths.com . respectively. h.net) and Tom Rock Maths Running an Inter-school Maths Battle in Bristol became possible since we started a new Circle at the University of Bristol, which created a concentration of our activities in the area. The event was hosted by the School of Mathematics, and united 4 teams from Maths Circle in Bath, 3 from Bristol and one team from Maths Circle in Cardiff. The lecture was delivered by Ben Sparks arks.co.uk). Contribution of volunteers We Solve Problems does not currently employ the services of volunteers. Public beiieFit In deterrnining the objectives and activities of the charitable incorporation organisation, the trustees confirm that they have given due consideration to the Charity Commission's guidance in relation to Public Benefit and are satisfied that the charitable company complies with Section 4 of the Charities Act 2011. Structure, Governance & Management G rassroots level Each Maths Circle has about 25-35 pupils of varying age {from Y7 to Yll}, and team of approximately 7 tutors led by two, rotating, Head Tutors. The tutors are responsible for guiding the pupils through the mathematical topics in the sessions, supporting their learning through it by means of Socratic tutoring and Moore method. They also are responsible for caring for the wellbeing of the pupils and implementation of the safeguarding procedures. Head Tutors are responsible for both the administrative and pedagogical aspects of the Maths Circles. Primarily they are leading the teams, mentoring and supervising the tutors, ensuring that the educational needs of the children are met and that the standards and policies of the Charity are implemented. Curriculum and Curriculum Team Our curriculum follows the classical maths circle model, adapted to the realities of the UK educational context. The core programme is organised as a two-year cycle of topics commonly
We Solve Problems CIO found in maths circle traditions. These include, for example, divisibility and number theory, graph theory, invariants, the pigeonhole principle, and others. After two years the cycle repeats. However, while the themes mostly remain the same, it is the responsibility of the Curriculum team to revise the actual problem sheets. They are updated in response to feedback from tutors and children, and new topics are periodically introduced, for example, explorations of cellular automata such as Conway's Game of Life, or other modern mathematical ideas that can be presented in an accessible form. The team 15 led by the Head of Curriculum whose primary role is overall coordination of the team. The role is supported by a Curriculum Advisor, a mathematician with exceptional experience in extra-curriculum maths activities at the international level. Moreover, we have several tutors helping the team with proofreading of the problems and solutions. Every week during the academic year, the Curriculum team prepare a Problem sheet of the week. It is then being printed by the Central Office {see below) and posted to all Circles. Central office The Central office consists of Operations Officer, Chief Tutors Officer (CTOI and General Manager. CTO is the logical culmination of a tutor's career. Their responsibilities include hiring tutors and running the onboarding process, as well as, monitoring their wellbeing and helping the Head Tutors to maintain healthy and cohesive local teams. Operations Officer and General Manager run all the administrative tasks and day-to-day errands of the Charity from contacting universities and local schools, to ordering prizes, printing weekly Problem sheets and posting them. General Manager is responsible for overseeing the whole of the Charity and addressing the longer planning goals, as well coordinating the whole team's effort and implementing the decisions made by the Board of Trustees. Governance We Solve Problems was registered as a Charitable Incorporated Organisation under registration number 1171037 on the 9th of January 2017. The charity is governed by its Constitution. The trustees named on page 13 have Served throughout the year and since the year end. Appointment of trustees is governed by the Constitution of the charity, whereby the existing trustees have the power to appoint further trustees as required. Appointed trustees must be appointed for a term of three years upon resolution. In selecting individuals for appointment, the trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity. If any further trustees were io
We Solve Problems CIO appointed, they would be introduced to their new role and given copies of the Constitution and a guide to the policies and procedures adopted by the charity. A number of publications from the Charity Commission would also be provided to ensure that new trustees would be aware of the scope of their responsibilitie5 under the Charities Act. The charity is governed by the board of three trustee5. All of them came through the Maths Circle systems of leading specialist mathematics schools in Eastern Europe, so they know the model extremely well and are deeply committed to it. Each holds a PhD in mathematics and therefore has a strong understanding of academia. The trustees have been directly involved in designing and delivering the programme, establishing and running Circles themselves and working closely with tutors, particularly in the early stages. As a result, they developed the current model and understand all the practical aspects of its implementation. In addition, their own children have both studied and tutored within the Circles, giving them further personal insight into the programme. The trustees have access to principal working channels of communication (Slack platform) and can monitor and participate In everyday work as well as keep a close contact with the executive team. Four trustees, meetings are held per year. Financial Review The charity received gross donations of £291,182, sponsorship income of £19,184, tutoring fees of th £29,285 and interest of £1,845 for the period ended 30 June 2025. With a total of £325,280 resources expended this left a surplus of £16,216 to be carried forward for future trading periods. Added to prior year surpluses, the total accumulated funds carried forward as at 30th June 2025 were £74,955. During the year, sponsorship funds of £19,184 were received. These were restricted for use for specific maths circles, battles and associated events. All of these funds were used fortheir intended purposes within the period. Fundin To date WSP has been mainly funded through the philanthropic activity of Amir Aliev and Vasily Filippov, both being our Trustees. Without their vision and unswerving support, we could not have achieved what we have. We realise that we need additional and alternative revenue streams. We started the Fundraising Campaign in 2023, and already received new sponsor support enough to cover the annual running of one Circle at King's College London. 11
We Solve Problems CIO It is our intention to continue offering most of our services free of charge, and we will continue actively fundraising. According to our arrangements with all the Universities we work with, we are provided rooms at no cost to ourselves. This, together with our General Manager working from home, has meant that we do not need to invest in off ice buildings at this point. Risk Mana ement The major risks to which the charity is exposed have been identified and considered. They have been reviewed and systems established including a formal risk register which has been subjected to review. The most significant risk relates to the care of children whilst in our charge. To mitigate this all those involved with the children are subjected to DBS checks and appropriate details are kept on children such as emergency contact numbers. Reserves olic The charity intends to build a resenies policy equivalent to at least three months operatlng expenditure during the next year. Goin Concern The trustees consider the charity to be a going concern for the foreseeable future, and for a period of at least twelve months following the date of this report. 12
We Solve Problems CIO Reference & Administrative Details Our legal framework is as follows: Full name of charity: We Solve Problems CIO Registration Charity Number: 1171037 The correspondence address is: Delmon House 36-38 Church Road Burgess Hill West Sussex RH15 9AE The bankers are: Unity Trust Bank 9 Brindley Place Birmingham, Bl 2HB The accountants are: Sigma Partners Delmon House 36-38 Church Road Burgess Hill West Sussex RH15 9AE OurTrustees are,. Amir Aliev Elena Boguslavskaya Vasily Filippov Our General Manager: Ignat Fialkovskiy 13
We Solve Problems CIO Statement of Trustees responsibilities in respect of the Trustee annual report and the financial statements. Under charity law, the Trustees are responsible for preparing the annual report and the financial statements for each financial year which Show a true and fair view of the state of affairs of the charity and of the excess of income over expenditure for that period. In preparing these financial statements, generally accepted accounting practice entails that the trustee: select suitable accounting policies and then apply them consistently,. make judgments and estimates that are reasonable and prudent; state whether the recommendations of the Statement of Recommended Practice have been followed, subject to any material departures disclosed and explained in the financial statements; state whether the financial statements comply with the trust deed, subject to any materlal departures disclosed and explained in the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its activities. The Trustees are responsible for keeping proper accounting records, sufficient to disclose at any time, with reasonable accuracy, the financial position of the charity at that time, and to enable the trustees to ensure that, where any statements of accounts are prepared by the Trustees under section 13211} of the Charities Act 2011, those statements of accounts comply with the requirements of regulations under that provision. The Trustees have general responsibility fortaking such steps as are reasonably open to the Trustees to safeguard the assets of the charity and to prevent and detect fraud and other irregularities. Signed on behalf of the Trustees: AmirAliev (Chair) 14
We Solve Problems CIO Independent Examiners, Report to the Trustees of We Solve Problems I report on the accounts of the Charity forthe period ended 30th June 2025 which are set out on pages 16 to 20. Res ective Res onsibilities of the Trustees and Examiner The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for thls year under section 144 of the Charities Act 2011 (the 2011 Act) and that an independent examination Is needed. It is my responsibility to: examine the accounts under sertion 145 of the 2011 Act: to follow the procedures laid down in the General Directions given by the Charity Commlssion,. and to state whether particular matters have come to my attention. Basis of Inde endent Examiners, Re My examination was carrled out in accordance with the General Directions gSven by the Charlty Commlsslon. An examination includes a review of the accountin8 records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanation5 from you as trustees concerning any such matters. The procedures undertaken do not provlde all the evldence that would be requlred In an audit and, consequently, no opinion Is given as to whether the accounts present a 'true and falr view, and the report Is Ilmited to those matters set out In the statement below. Inde endent Examlners, Statement In connection with my examin3tSon, no matter has come to my attention: iii whlch glves me reasonable cause to believe that, in any material respect, the requirements: to keep accountlng records In accordan with s.130 of the Charities Att 2011; and to prepare accounts which accord with the accounting records and to comply with the accountlng requirements of the Charities Act have not been met,. or to which, in my opinion, attention should be drawn in order to enable a proper understandlng of the accounts to be reached. 121 Name of prlncipal: S P Lea Name of firm: Sigma Partners Relevant professional qualification or body.. ACCA Address: Delmon House 36- 38 Church Road Burgess Hill West Sussex RH15 9AE Date.. Je26 15
WE SOLVE PROBLEMS STATEMENT OF FINANCIAL ACTIVITIES For the period from 1 May 2024 to 30 June 2025 Including summary Income and expenditure account Unrestricted Restricted Total Funds Funds 2025 2024 Note Incoming Resources Donations Sponsorship Funds Tutoring Fees Receivable HMRC Interest Receivable 291,182 0 291,182 19,184 19,184 0 29,285 1.845 126,530 29,285 1,845 27.086 Total Incoming Resources 322,312 19,184 341,496 153,616 Resources Expended Charitable Expenditure Management and Administration 170,805 135,291 19,184 189,989 0 135,291 80,218 41,758 Total Resource8 Expended 306,096 19,184 325,280 121,974 Net movement In funds for the year 16,216 16,216 31,642 Total Funds brought forward 58.739 0 58,739 27,097 Total Funds carrled fonvard 74,955 74.955 58,739 There were no recognised gains or losses for 2025 or 2024 other than those included in Ihe Statement of Financial Activities. 16
WE SOLVE PROBLEMS BALANCE SHEET As at 30 June 2025 Unrestricted Restricied Funds Funds Total 2025 2024 Note Flxed Ass8t8 Website Computer Equipment 5.422 114 5.536 5.422 114 5,536 8.382 269 8,651 Current Assets Stock of Prfzes Tax Refund due Paypal Cash at Bank - current account 350 41,750 642 11,614 54,356 44,998 1,209 32,146 78,353 44,998 1,209 32,146 78,353 Current Llabllltlas Credllors and Accruals 8.934 8.934 4,268 Net Current A88et8 69.419 69,419 50,088 Total Net A88et8 74,955 74,955 58,739 Funds 10 74,955 74,955 58.739 The charitable company Is entitled lo an exemption from audit under section 477 of the Companles Acl 2006 for the period ended 30th June 2025. The members have not required the charitable company to obtain an audit of its aexounts for the perlod ended ended 30th June 2025 in accordance wilh section 476 Companies Act 2006. Approved by the Trustees on . 2410412026 and signed on Ihelr behalf. A Aliev- Tiustee 17
WE SOLVE PROBLEMS Not&S to the Accounls Fortho porlod Irom 1 May 2024 to 20 June 2025 Publlc Bonoflt Ehtlty We Safvè Probkgms18 ConsbjIed a5 a Chaitawe (Wsalhjn reolthrvd In Ihe Unlled langdom.11 18 8 Publlc Benel11 Enlily. Accounllng Polkl•¥ Ba•1• of proparitlon of accounts The flnanclal slements 3r8 prepared under the hlslorkal cosl oin¥enUon nd In 8ccordance wllh Ihe Charflablt SORP Fthandal Reportlng Sland8rd 102. Golno Concorn Thè Irusiee8 COndrthat Ihe dwrlly a gdng ¢¢trn ffA a ol 811gas11th months folhjvlng lh8 dale ofihe hdependenl èxamknefs rw. 2.3 In¢om• Donsllant and TrFe6 Incom88r8 f(Y•$ récdvfrd ty tha ¢aW. R•iourc•8 Expended E¥p8ndllurè Is hcljded on an xcw8ls ba51& Managemenl and admlnlstralon comwl8aS Costs forthe •lfv th1ty1ts81t88 an cffjwnlsdon. 2.S Fund Actountlng De18115 01 thè nliuro 8nd purpo8a of each frjnd Is sol oul In Nota 2.6 Flx•d ¥•1• Flxed aBBe18 •r• h¢ld 41 cost 88 amSa0n, diw¢d¥kn and ImpMl Amortl8Bllon Is ch8r98d on Webs518 ovor4 porbod al 5 rg. D8preclallon th•rqd on Eqpmen1 al a iate+Jl on ¢oai. R•ptsrtlng Porfod The tnJslee¥ have eloclad lo trxlend iha enIIng perlod ¢0 30 Jvne 2025 In ordwto amgn tho charfV8 P8rtods th Ihe adeMIC 41. Th¢ cuml perh)d Is theref¢xe 14 months kng Hnd16 nol dlra¢ly compargble vllh the FYI 12 mtylh pfjrfod. The change ol rfod hAs bèen approved by twstoos 8ThJ th• CtycethMl88I0n. ¢harltabl• Expendlturv Chartlable oxpendllur• Is tAxThrl8•d c. 2026 2024 Conlrac¢or& proTrAdlno Ivlllon onlractors yovldlng lulllon If¢Jlrtcied fundl Evpn18, pdies & compellllon costs Book5 & educ181 mal8rf818 Vet)ue HSre & Calertno Fundfalslng 8881s18nc• Problems 0818baso Donailon5proni¢d 161.398 19,184 7.398 353 71.958 2.871 943 1.410 135 612 189,989 80.21e Man4o•m•nt•nd Admlnl*ir•llon MÈnallem8nt and adnlnlslrnlon 90e¥ WOr88d of.. 202S 2024 Admlnlsir8ll¥e SalarfeB EmployÈrfs Nl Pensirm rA)&Is Management ASStAnCe Travel Prinl, Post & sialnery CompulerCos15 Advqrbsing. MarkelSng & Pr(InlIx Matèrfa8 Sundrte$ Insufance AccounianGy Legal & ProfessloTral Foes Bank Charges Tralnlng & ReClIment 57.500 28.7 1.288 675 2.833 1234 518 389 2.346 1,058 749 96 2,328 2.DJO 92 4,155 9.943 27
WE SOLVE PROBLEMS Not•¥ to the Accounts Forth• perfod from 1 May 2024 10 JO Jun• 2025 Amort(sallon-WebsllB DepreclaUon- Computer Eqvlpmonl 238 147 41.75 155 1&fj.2g1
WE SOLVE PROBLEMS No¢85 to tho Account Forth pèrlod from 1 May 2024 to 30 Jun• 2025 staifcosts ond Tru•tMs No remunera0 was pad 10 th8 trN8t8esln lh8 w1tsJ. any InJslee< exrthws reln4)ursd. All dulle8were pwform8d by th8 Iwsl8e5 th0rn5dve$. ith memberrA st. No ernployeo récdv8d remuner8llon In extsssofEeo,(oJ. Thé average number olerWo>osdurfng Ihe pwlodww8 7. Int4nglblg Flxod A•i•ts 2Q5 Wob8lt0 As al 01ffj5.2024 12.688 Addluons AB al 30.08.2025 12.688 A$ 8101.05.2024 Charge foryear Ag 8130.08.2026 ov Ag 4130.08.2025 5,422 As al 30.04.2024 Flx•d A••• 2025 Compui•r E4ulpm•n¢ A8 al 01.05.2024 AddlUon$ As al 30.08.2025 A$ 0101.05.2024 1.617 Charge for Yegr 155 AS 8130.06.2025 As 8130.08.202S As al 90.04.2Q24 269 Cr•dl¢orn and Accrual 2025 2024 Arna$S Expen5e5 Wages Due PAYE dua Pengons du 2.2 1.821 4,971 1.067 1105 403 139
WE SOLVE PROBLEMS Notea to the Attounts Forth8 p8Ylod Irom 1 May 2024 to 30 Juno 2025
WE SOLVE PROBLEMS No¢e$ to tho Accounts Forlhe pbrlod Irom 1 M4y 2024 to 30 Juna 2025 Funda Unreslrfcled lunds o)mprfjso Iho88 fufftdsvthkkn tru51e86 are free to use kn xcudc8 lh8 th8rt18bl& oblac15ves. Restricted lufjds relala to ss51#1 KOma t8C8lved In tha plod. Thlswas lor use agansl certaln lulorfjng costs. The lunds fulty us1 forlh*destanale(t wrposes duriw Ihe wrfod. R8lai8d party Iran8actlon8 DonatloTrs of£230.000 haw bath) reCeed In thi p¢dtyl Irom A 18¥. a Iwslee af tho ch8rfty12024. £1.cl