GPADUATES
SNUG
LTD
FEt(y#￿ UMrrED
Moorgate H￿*
TQI22LG
*AD7Y719F*
2Y07r2024
COMPANIES HOUSE

LTD
tt*fffla￿lal
Ito4
BalarKe
7tD8
91014
15to 16

LTD
theTn&
￿tr￿Year
IreLHNI IFRS 1021 {effgJThE l 2019).
This thwity cDrOnue5 ts) (twfN Prffii¥wJ I￿ sutwL atthe
me in the nght ￿￿e￿￿.n￿tO ￿ a cltso*rty is I S￿ in
rir¥J ojr 2023 Im￿￿t w. I Wto b) famleswKI at f￿rn
c05t oflmng ￿￿15 ￿ wasa r￿r￿e￿9) nwy. thirty tew Wlhs
0￿￿OrTru*S
OBJEcfivES AND ACllVtriES
Objertives al￿ •Th
Of￿ Org￿lsatA)n.
Si9nifirant adivibes
SNI￿1￿￿5 rai￿ fco6therlhe F4lStVV4lh a 9)31b) (b.
9JFVJtfcrfan"l*s remain5th￿rt0ppncnty that w p* ur*tyx]a￿j r*L¥)atal Ca￿ kJTh)w
who SNUG are why the charty exists.
In 2023 we new ￿9h wofile fundraisiThJ in tt* form of F￿cY Dress Para(le5.
These e¥￿ts held in Exeter and Ir6t(M-NLYth Dew)n brought communths together were a great
9xcess. They will be 10Kated in the next year and IK¥¢fvlly grown. SNUG ha5 seen farnily numbe
irKrease thanks to a rmre *r¥e xtial malia preserKe. l>Jr ck)s8J SNiKiw5 Wptkyt pbge n¢)w has
over 1000 fafflilies receNing sharirvj wppjrt to each cther. C*Jr Wb1￿ faOtvJ,￿lJX￿tlThj SNUG.
pages continue to grow and are useful for tsiry.

cl￿TrUth5
VOLVNTEERS
dgererr6lty,￿1irIjaSa9Xfjr0j￿*ttsf￿1pS[￿m￿a￿C1￿w￿lyu￿￿ty.We￿ew￿jd0fujr
Public bener

tt*Year E[K￿ 311kn2023
FINANCIAL REVIEW
rinancial position
Theth￿lty hasasiabkfnan(ial TrCEOaTrJ
tMJikJiro reètM)ThthFS Wth trusts and foundations.
ToNards tr* ajj cltlis fl￿1 swr, sÉYJJr&l a Yea￿ ftnSr#J fyryn The
Reser¥e5 policy
Int￿￿rna1￿.m￿t￿r*j ￿to￿n￿ntfv rt ￿5￿b.￿*theYar￿t1tyQf￿S ¥uwre,theP&4rdcl
operatingco*s.
The Board meet warterfy as as hotrjing adthliC￿al meeb.ngs to revie￿ Wets and agree
strat*J￿ deVelopn￿t for ￿ tharity. as requir&l. Q)mmitma)t frcwn ￿ Truthe conkn"nue5
to be ￿tellertt wth meets"ThJs ￿￿11 and contribubons from all. ￿ Board are l(N)king to
recruit fvrth¥ members in the coming year and are partiojlarly interest&1 in seekMI9 rewesentknn
from the BAME cornmunity and th9se with lived experien
statement olTrustees Re5PW5ibilitles
The trusrees IY4ho a￿ the directors of Supwt"n9 N￿ts1 Uws G￿ateS for the purp)ses
of company law) are respmble fLY weparing Rep)rt of ￿ Tru#ees and the financk31
ststements in accordance vrith ar¢4tsL* iknited knuntmig
Pracbce.
Company law requires the tru#ees to ￿epa￿ finar￿la7 statements for ￿ fina￿la1 year whth
give a true and fair of the state of affairs of the chartable (￿panY and of the incomnj
reEourtes and a￿￿ts.0n ￿ ￿5(￿jr£e5, inclu(frng the income and expenditu￿, of ￿ charitable
company for that pericKI. In weparing finarKial statements, the trLth5 are reqLMred to..
select suitatrAe accountiThJ OiciFs and th￿n con5ithtty'
• obs&ve the methods aTrJ priTh0p￿s in Chanty SOAP;
• make judgements and e￿MateS that a￿ rea￿ab* and
• prep￿e the financial ststements on the ￿)Ir￿J b￿"S unl￿5 rt ts inwowwtr to prÈyffi
that Ihe tharitsble c(mparhy will ccrtsnue ￿ tr%&nes&

tLYtt*YwErthJ31 Cth3J23
The bw5tees a￿ re¥Kmsible for W¥ng accowtiTrJ m)rds i*thse with reaSona￿e
accuracy at any b.rne the finar#ial oFthe tharitatAe comparry aTrJ to enaL4e them to ensure
that the fina￿lat stat￿￿}ts cornp￿ the C￿￿leS Act 2006. They a￿ also reskrJnsit4e
safeguarding Ihe assets of the charitsbk company for taking reawable steps for the
prevenlkjn and detertkjn of fraud and oth&
Going concern
STRUCTURE, GOYERNANU AND MANAGEMENT
6o¥ernlng document
tyswè1Re￿Ijtth0n 13th￿2017.
REFERENCE AIID ADMINISYIAn￿ rErAILS
Registsred Company number
(fjTr179I&w￿a1jw￿)
Registered Charity nwnbtr
1171443

NE(￿T￿Ll￿&
fcr
sr£pherL5&kn
Curzon HrAtse
Exet
Exiips
Trnste
(Ckkir}
trscfv
(T￿9￿¥1-
Ak¥dntsY i
Cttota 2023
MSC Fcarlton
tsRSv￿￿mS(kWF 14thIty Z023
m￿ L Wak*
IndependeTht Examinqr
Michaelyoung
1ry•45 knrnrted
Moorgate*Juse
r¥JStreet
TQ122LG

GRADUATES
SNUG
Coftyanv)
2023.
Respomlblllles •1
A￿￿tharity1N&eesr1b￿c[￿￿￿y{•￿kn￿s￿r￿ily5tsfvwr￿ss0￿C£nVmny￿knw)>oua[eresPUtstle
Havirrtjsatisl￿ M￿￿thattr*￿c(>jr￿(￿thÈCthnkwJef￿￿￿￿I8Itr)te￿￿￿￿JU￿￿p￿1I6c1ts*2(
asCarrEdWtuTr*s*k￿ 145offv(tsttie%Prt2O11(b￿3)1I￿rJ. In¢xryYKJLXrtnyeAanwthonlh
frknBJthetirthn$9W 145(SXb)rf11*2011 PLt
Indep•dent￿mIne￿s$IItanthtt
an irnlwdthte¥Aminati￿: c
of Irthnd IFRS I02}J.
Kin9Streei
TQ122LG

2023
2022
INCOME AND ENDOWIIUITS IROII
19.6
ns10
85.863
Tolal
232iM
n.510
95,714
86.585
Chorty
331
28216
6V47
LI3.￿2
1.963
Tolal
28216
115,765
NEI INCOME I IEXP8IDlliV
(17.784)
129.1801
{17.784)
44294
2ViO
129,1801
AEcoMauAlloM OF
io
19,697
61,076
TOTAL FUNDS CAR￿￿ FORIIIAD
1.913
56,493
31.896

IrKe sheet
FtrtreYearErthl 31 Lkn*tr1123
Tatsl
Tc*al
fuTrJ5
FLXED ASSETS
Targlka
I,cos
CVRRPIT A￿ET$
Debtor5
Cath atbank
315
315
4.327
%,493
Go￿20
38,731
CREorroRS
(1762)
(1762)
(7,840}
NEf QJRREIU >55￿5
1.565
56,493
58058
30,891
TOTALASSEfs LESSCURRENT
UABILMES
1,913
56,493
31,896
1.913
56.493
31,896
FUNDS
io
1913
56h93
19.697
12.199
31.896

LTD
B*rKe sheet
charrtatr1ec0rr￿Y￿5￿￿1￿t%èn0Ijlf[Q￿aK*mkns￿41?dtrtcunt¥n￿5kt2r￿fjtrTd￿Year
31 O¢t(tr 2023.
2023 in ￿cOrdan￿w￿s￿￿476￿thecrynp￿¥eskt2O
Cunpani¢s*£t 2C(6 aTr
asatthe￿d ofethfin¥xialyew￿￿itsWbj5Lydth]t￿e&hfin&￿ki1 y11￿COn1)r￿eWththe
ALt2OC6rdatMigtofna￿a1&at&mts, 9)fara5aWK&ktothed￿rlt&j￿￿pa[ky.
5ubjettto thesmall companies r8Jime.
its ￿half try..

AcC1>UNn￿ p(xtt
14t<lI￿rnI1FR5 102II*OTei)¥Wy￿191',
lfir>
.Zfhoi¢x
Taxatic

LID
Puryoses of Restrlcted Funds
The Nwn*l Pathways F
2U23 mrd&

LTD
thefi
2022
NETINCOlfllEXPENDrnIRE)
2023
2022
IOD
TRusfEES' REMUNERATION AND BEIIEFrrs
yearended 31 Octobtr 2022.
Octot*r2022.
srAFF cosrs
2023
2022
Z023
WaJes
Sctkils
51367
182
82.426
1,187
li

ts*YeaTErthMI 31Cttrts2023
T¢Aal
Funts
INCOME AMD ENDovll4EIITS FR(
374
85,489
85,863
Total
85m
86,585
EXPUIDMIAE ON Chaitable
Chat
(Jher
111,014
113,802
1,963
4,751
114014
115.765
NetInLur
{3,655)
{25,525}
{2991
(25024)
(29.1￿)
Net in
(1356)
{29,180)
23.053
38,023
61.076
T•tsl funos onled Ixwvd
Tolal
COST
2.35S
Add((￿*)$
DisF¥)sals
At 32 OLtober 2023
4577
6,932
DEPRECIATION
1.855
4,OT2
5,927
(￿￿fory
At 31 10
1107
4A77
MET BOOK VALUE
At 31 October 2023
31 CXtciv2022
12

TORS: AIKWNIS FALUNG DUE WrntIN OK YEAA
2023
2022
315
CAEDITOR&. A•IOUllfS FALUNG DUE IVITHIN I)HE￿Il
2023
Tka*CreJrtcxs
1,970
MOVEMEiifiii BJNDS
Fund
At
01.11.2022 Tr*)vemert Tr￿$ 3LIO.2023
19.697 (17,784)
L913
Re5triLted fvnd5
13.6381
18,561)
56,493
44.294
8.561
N￿￿1 ProRtt
56h93
56A93
12.199
TOTALFUNDS
24$10
58A06
ReyxJrce5 Fund
Ge￿1 fu
23,20q (40.988) (17,784)
10,961
(14.599) 13,638)
{8,561)
18,561)
{5,056)
56,493
{26.2161
44.291
61.549
72.510
roTAL FUNDS
95,714 (693041
11510
13

tothefnancialsts
(cYtt*YearEThtsJ 311knts2023
io.
14oVEMEP￿1N FUNDS(continued)
Comparative5f•r infvrnts
FUTh
01.11.2021 t4)%￿￿ Transfers 31.10.2022
23,OS3 (3.655)
19.697
38.023 (34,Cth)
8,561
38,023 (25.525)
iyj)
8,561
12,199
1293)
TOTALFUNDS
6¥076 (29,1801
31.896
Re9yJrces
(4.751) (3,6551
75,489 llC8,575) {34.C661
io,oc
{1,4391
8,561
85.489 IIIL,0141 125,5251
TOTAL FUNDS
ii.
RELITED DisaosuRES
14

2023
2022
IIICOME AND EWOVIMBll5
373
85.49)
Gwts
74510
722
Totsl fft5aW
Wages
83.613
1,492
Irwjrartte
149
1,247
8A)
ij)
trainiNJ
1.456
3,396
356
347
3.342
313
L255
Cc¥wkn'ThJ
L607
Cir*expense5
1,163
6,09)
107 257
618
1,245
Ic#)
CLNnwtsequiprrn*

NECN4TPL
LTD
rtheyear
2022
SWI
6.545
16