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.
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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
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78.7%
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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

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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
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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)
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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 Cons￿bjIed 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 s￿lements 3r8 prepared under the hlslorkal cosl oin¥enUon
nd In 8ccordance wllh Ihe Charflablt SORP Fthandal Reportlng Sland8rd 102.
Golno Concorn
Thè Irusiee8 COn￿d￿rthat Ihe dwrlly a gdng ¢¢￿t￿rn ffA a ol 811gas11th*
months folhjvlng lh8 dale ofihe hdependenl èxamknefs rw.
2.3 In¢om•
Donsllant and T￿rFe6 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 th*1ty1ts81t88 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 am￿￿Sa￿0n, diw¢d¥kn and Imp*M￿l
Amortl8Bllon Is ch8r98d on Webs518 ovor4 porbod al 5 ￿rg.
D8preclallon th•rq*d on Eq￿pmen1 al a iate+Jl on ¢oai.
R•ptsrtlng Porfod
The tnJslee¥ have eloclad lo trxlend iha ￿e￿nIIng perlod ¢0 30 Jvne 2025 In ordwto amgn tho
charfV8 P8rtods ￿th Ihe a￿deMIC ￿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• C￿￿tycethMl88I0n.
¢harltabl• Expendlturv
Chartlable oxpendllur• Is tAxThr*l8•d c*.
2026
2024
Conlrac¢or& proTrAdlno Ivlllon
onlractors yovldlng lulllon If¢Jlrtcied fundl
Evpn18, pdies & compellllon costs
Book5 & educ￿￿1￿81 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 9￿0￿￿e¥ WOr￿￿88d of..
202S
2024
Admlnlsir8ll¥e SalarfeB
EmployÈrfs Nl
Pensirm rA)&Is
Management AS￿StAnCe
Travel
Prinl, Post & sial￿nery
CompulerCos15
Advqrbsing. MarkelSng & Pr(In￿lIx￿ Matèrfa8
Sundrte$
Insufance
AccounianGy
Legal & ProfessloTral Foes
Bank Charges
Tralnlng & ReC￿lIment
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
2￿38
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 remunera￿0￿ was pad 10 th8 trN8t8esln lh8 w1tsJ. any InJslee< exrthws reln4)urs*d.
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
Arn￿a$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 xcud￿c8 lh8
th8rt18bl& oblac15ves.
Restricted lufjds relala to s￿s￿51#1 ￿KOma t8C8lved In tha p*lod. Thlswas lor use agansl
certaln lulorfjng costs. The lunds fulty us*1 forlh*destanale(t wrposes duriw Ihe wrfod.
R8lai8d party Iran8actlon8
DonatloTrs of£230.000 haw bath) reCe￿ed In thi p¢dtyl Irom A ￿18¥. a Iwslee af tho ch8rfty12024. £1￿.c￿l