Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Charity registration number 1171529

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
MrA Glen
Mr B Wagner-Adair
Mr J Brooks
Charity number
1171529
Principal address
Unit 2A
Barras Garth Road
Leeds
LS12 4JW
Registered office
Unit 2A
Barras Garth Road
Leeds
LS12 4JW
Independent examiner
Alison Whalley FCA
Azets Audit Services
Cadton House
Grammar School Street
Bradford
BD14NS
Bankers
Unity Trust Bank PIC
Birmingham
B12HB

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
CONTENTS
Page
Trustees, report
Independent examinerfs report
Statement of financial activities
Balance sheet
Statement of cash flows
10
Notes to the financial statements
11-20

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the chanty's Ifoundation], the Charities Act 2011 and "Accounting and
Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS
102}" (effective 1 January 2019).
Objectives and activities
The objectives of the charity are For the public benefit the relief of those in need because of ycuth. age, ill-health,
disability, financial hardship or other disadvantage in particular by=_
Providing accommodation to high risk. vulnerable and socially disadvantaged individuals and particularly
those subject to the criminal Justi￿ system., and
Providing support and assistance to those individuals to enable them to manage and maintain their
tenancy.
Axis Supported Living exists to support individuals under National Probation Service supervision who have served
long or repeat custodial senten￿S by=
Securing access to safe, goo(kquality, single-occupancy private rented accommodation otherwise InaC￿sSible
due to conviction history or benefit status
Providing stwctured support to help maintain tenancies, build life skills and avoid a retum to homelessness and
custody
Mission Statement
We support Service Users on their joumey to independence by providing stable accommodation, skilled support
workers, and tailored support plans designed to build confiden￿, personal responsibilty and a sustainable future.
Lack of appropriate and affordable accommodation with accessible support is recognised as a significant
contributory factor to individuals in the criminal justice system being unable to exit the 'revolving door, of prison and
homelessness. The local and national housing crisis has continued to deepen over the last year futher highlighting
the need for our scheme. As Private Rent Landlords are increasingly relied upon to step in where Local Authorily
accommodation is in short supply. the housing crisis continues to be exa￿rbated by changes to the Benefits
system and across the board cuts to govemment funding. The disparity that opened up when interest rates spiralled
over the summer of 2023 resulted in mortgage rates and subsequently Private Rent levels outstripping the Local
Housing Allowance available to Benefit Claimants seeking private rent accommodation. In some areas, this resulted
in a bidding war for smaller more affordable properties. with private landlords and letting agents being increasingly
reluctant to offer accommodation to Benefit Claimants, in particular those with criminal records, favouring
professional renters instead. As the housing crisis continues. some Landlords have reportedly used the S21 No
Fault eviction process to remove benefit claimants from properties and replace them with professionals or those
able to pay the escalating rents resulting in groups such as prison leavers daiming Housing Benefit being further
disadvantaged in their search for suitable, stable accommodation and increasing the need for the services of
organisations such as Axis SL.
Axis SL remains committed to bridging the gap be￿een homelessness and independent living for th0￿ subject to
the criminal justice system that have shown motivation to change. by providing the opportunities, accommodation,
skills and support historically denied to them.
The trustees have paid due regard to Charity Commission guidance on public benefit when planning activities.

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AXIS SUPPORTED LIVING
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Achievement and Performance
Demand for supported housing continues to increase because of the ongoing housing crisis and pres￿re on public
services. ThroughoLrt the year, Axis Supported Living continued to provide accommodation and support to
individuals with complex needs. playing an important role in preventing homelessness and supporting rehabilitation.
The charity maintained dose working relationships with Leeds City Council Housing Options, Probation Services,
West Yorkshire Police Public Protection Teams, the Department for Work and Pensions. and private landlords.
These partnerships enabled the charity to:
Maintsin fair and sustainable rent agreements with landlords
Strengthen referral pathways and selection processes
Implement robust needs assessments and risk management plans
Improve Ihe timeliness and accuracy of Housing Benefit daims
Support service users to move on successfijlly into longer-term accommodation
These outcomes contribute directly to reduced risk of reoffending and improved stability for individuals leaving
custody.
During the year, the charity operated in a period of operational transits-on which temporarily aff￿ed capacity and
throughput. Despite these challenges, services were mainlained across the propety portfolio and SUFPOrt continued
to be delivered to those accommodated.
Support Services
Support Workers provide flexible, responsive assistan￿ tailored to individual needs. Practical support includes..
* Provision of tenancy starter packs for new arrivals
. Assistance with utility set-up, budgeting and debt management
Digital support to access benefits systems and housing bidding platfomis
Engagement with community-based health, wellbeing and employability seNices
Support is provided during the move-on phase to assist individuals in settling into independent accommodation,
reflecting the charity's commitment to sustainable outcomes. despite limited formal funding for post-tenancy
outreach.
Income Generation
The charity's primary sources of income are..
Housing Benefil received via Leeds City Council
• Eligible service charges supported by the Department for Work and Pensions
Staff provide support to ensure service users maintain active benefit claims and minimise income interruptions.
Where appropriate, individuals in employment or re￿Ipt of pensions contribute to their housing costs.
The charity did not undertake fundraising activits-es during the year.

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AXIS SUPPORTED LIVING
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Financial review
The results of the year to 31 March 2025 are set out in the Statement of Financial Activities.
Incoming resources excluding investment income totalled £993,145 {2024= £1,036.828).
Expenditure is £1,080,884 (2024.. £1,065,691).
Overall the charity had a deficit of £87,739 (2024= £28,863) in the period.
The funds at 31 March 2025 £205.956 (2024 £293.695).
The charity recorded a deficit for the year, reflecting the operational challenges described above and a deliberate
decision by the Board to prioritise seNice continuity while corrective actions were implemented.
Throughout the year, the charity continued to meet its financial obligations, induding landlord rents, salaries and
overheads.
The Trustees have reviewed financial forecasts. operational plans and post year-end performance and are satisfied
that the charity remains a going concem. The Board notes that perf0mlan￿ and financial stability have improved
materially following the year end.
For this reason, they continue to adopt the going concem basis in preparing the financial statements. Further
details regarding the adoption of the going COn￿M basis can be found in the Accounting Policies.
The charity aims to hold reserves equivalent to approximately three months, operating costs to support financial
resilience and allow for an orderly wind-down should that ever be required.
The reserves position and policy has been reviewed following changes to the organisational structure of the charity
and aims to hold £211,000 in reserves based on the 202512026 budget. The level of reserves held at the year end
is just under this level at the year end, bLrt aim to reach this amount by the end of 202512026.
Reserves Polic
3 months operating costs and any extended Lease commitments have been assessed as adequate to
enable the CIO to be closed in a structured way, enabling alternative accommodation to be found for those
Service Users unable to stay in their accommodation should the CIO cease to operate. This equates to
£284,040.
Surplus funds are being held separately to operating capital to cover the funding necessary to support the
Policy.
Surplus funds are being held separately to operating capital to cover the funding necessary to support the Policy.
However, the challenging financial environment experienced by the organisation over the last 18 months has
reduced the amount available to cover the reserves policy. The level of reserves being held has however, provided
the protection needed to enable the organisation to ride this turbulent period successfully with no impact on those
Service Users on the scheme or interruption to support.
The Board of Twstees and Senior Managers expect that the increase in LHA and more stable housing market in the
coming year will result in an increase in the number of properties on the scheme and therefore increased income for
the next financial period and along with fvture plans for organisational streamlining. there is opportunity for the
Reserves Fund to return to previous levels.

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income comes directly from LCC, Housing Benefit Dept. and DWP
No fundraising activities took place during this period.
Some income is generated from Service Users vh)0 have obtained employment and Contribute to their
charges from their earnings where Housing Benefit payments are appropriately reduced. Others are
repaying historic Housing Benefit overpayments or arrears through their current benefits awards.
Principal Risks and Uncertainties
The charity operates within a complex and challenging environment influenced by housing market conditions,
welfare policy and public sector funding decisions.
Key risks are mitigated through=
strong compliance with Leeds City Council and DWP requirements
Close engagement with landlords to maintain propety standards and retention
. A clear focus on the charity's specialist remit. avoiding mission drift
Company Let lease structures that protect landlords from tenancy risk
Geographic spread of properties to redu￿ concentration risk
During the year, staffing disruption at senior management level created operational challenges, including reduced
capacity to progress mov&ons at the planned pace and the taking on of new Servi￿ users. This resulted in
increased void periods across parts of the portfolio.
The Board responded by strengthening oversight and initiating a structured programme of organisational review and
improvement. Actions taken during and after the year have significantly reduced this risk.
Plans for future periods
Strategic Priorities
Grow property numbers through engagement y￿th socially responsible landlords
Promote benefits of the scheme to widen landlord participation
* Maintain high-quality accommodation that meets all regulatory requirements
Maximise income through efficient daims management
Continue to streamline processes to sustain safe and effective tumover
Maintain focus on our specialist seNice for individuals leaving custody
Organisational Development
Continue organisational restructuring to improve leadership clarity, accountability and strategic focus
Strengthen Board skills to support growth and goveman
Seek appropriate grant funding for items now deemed ineligible under current commissioning frameworks
Build long-term sustainability through strong governance and operational resilience
Structure, governance and management
The charity is a Charitable Incorporated Organisation by guarantee registered on 8 February 2017, registration
number 1171529 registered in England and Wales.
DaY-t￿daY management is delegated to the Manager. Trustee recruitment follows a formal skills-based process via
Reach Volunteering.
Recent Board changes have strengthened governan￿, bringing additional housing and legal expertise. Strategic
policies and procedures are being reviewed and updated to reflect evolving regulatory requirements and best
practice.

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees who served during the year and up to the date of signature of the financial statements were..
MrA Glen
Mr B Wagner-Adair
Mr J Brooks
None of the twstees has any beneficial interest in the company. All of the twstees are members of the company and
guarantee to contribute £1 in the event of a 4Mnding up.
Trustees are recruited through the Reach Volunteering website which is a nationally recognised site for such
appointments. Applicants supply their Cvs and have a phone inteNiew followed by a face to fa￿ m￿tIng with
other Trustees. If suitable they are invited to the next Trustee meeting and voted onto the Board at that point. The
term of appointment is 4 years which is detailed in the Constitution. The new Trustees undergo ID verification and
sign the Trustee Eligibility Declaration form and an Auto Disqualification Dedaration with guidance supplied.
The Board of Trustees continue to delegate their powers for day-to-day management of the CIO to a Senior
Management Team of three. However, one senior manager is currently on long term sickness absence and the
Board are working closely with our exiernal employment support service Peninsula to manage the return-t￿Wo￿{
process.
The Trustees confirm that when developing and revielwng the Charity's activities, policies and devising future plans
they have referred to the Charity Commission's general guidan￿ on public benefit and complied with their duties
under current legislation.
At present charity does not have a set of policies and procedures that relate specifically to Trustees induction and
training.
Trustees receive all documents in accordan￿ with Constitution and Charity Commission rules which are CC3
Essential Trustee Guidelines., CIO Constitution- Minutes of the previous Trustee meeting and last set of
signed Financial Statements and in Aug 2021 Charity conducted a skills audit of all Trustees to assess the
strengths and weaknesses of the Board of Trustees.
Our Senior Management Team had their pay reviewed in July 2020 by our then HR specialist Trustee
conducted a thorough Benchmarking exercise using Industry equivalent posts and also looked at performance
measures across the period of setting up of the Charity over the previous 3 years for each of the 3 SMT members
and an appropriate rate was agreed by the Board of Trustees. SMT salaries are Currently subject to the annual pay
rise which reflects any annual funding increase approved by our fvnders in line with all other staff in the
organisation.
Auditor
During the year the Azets Audit SeNi¢es Limited, trading as Azets Audtt servI￿s Limited were appointed as
auditors following their acquisition of Naylor Wintersgill Limited. on 1 May 2023.
A resolution proposing that Azets Audit Servi￿$ Limited be reappointed as auditor of the company will be put at a
General Meeting.

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Disclosure of infomiation to auditor
Each of the twstees has confirmed that there is no information of which they are aware which is relevant to the
audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to
identify such relevant information and to establish that the auditor is aware of such infomiation.
The trustees. report was approved by the Board of Trustees.
Slgned by..
21TFgDA4B56D4T8...
MrA Glen
Trustee
18 December 2025

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF AXIS SUPPORTED LIVING
I report to the trustees on my examination of the financial statements of Axis Supported Living (Ihe charity) for the
year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with
the requirements of the Charities Act 2011.
I report in respect of my examination of the charrty's financial statements carried out under section 145 of the
Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission
under section 145(5)(b) of the Charities Act 2011.
Independent examinerfs statement
Since the charity's gross income exceeded £250.000. the independent examiner must be a member of a body listed
in section 145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examination because l am a
member of Institute of Chartered Accountants in England and INales. vthich is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the
relevant version of the Statement of Recommended Praclice applicable to charities preparing their financial
statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 in preference to the Accounting and Reporting by Charities: Statement of Recommended Practi￿ issued on 1
April 2005 which is referred to in the extant regulations but has now been withdrawn. l understand that this has
been done in order for the financial statements to provide a true and fair view in accordan￿ with UK Generally
Accepted Accounting Practi￿.
I have completed my examination. l Confimi that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect-
accounting records were not kept in respect of the charrty as required by section 130 of the Charities Act 2011.
the financial statements do not accord with those records: or
the financial statements do not comply with the applicable requirements concerning the form and content of
financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the financial statements give a twe and fair view, vthich is not a matter considered as part of
an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
S*ned br.
8C2221185F424D2...
Alison Whalley FCA
Azets Audit Services
Carlton House
Grammar School Street
Bradford
BD14NS
18 December 2025

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted
funds
2025
Unrestricted
funds
2024
Notes
Income from:
Charitable activities
Investments
989,751
3,394
1,032,885
3,943
Total income
993,145
1,036,828
Expenditure on:
Charitable activities
1,080,884
1,065.691
Total expenditure
1,080,884
1,065.691
Net expenditure and movement in funds
187,739)
{28,863)
Reconciliation of funds:
Fund balances at 1 April 2024
293,695
322,558
Fund balances at 31 March 2025
205,956
293,695
The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Notes
Fixed assets
Tangible assets
12
2,160
2,881
Current assets
Debtors
Cash at bank and in hand
13
64,560
203,380
74,158
237,787
267.940
311,945
Creditors: amounts falling due within
one year
14
(64.144)
(21.131)
Net current assets
203,796
290,814
Total assets less cur￿nt liabilities
205,956
293,695
The funds of the charity
Unrestricted funds
16
205,956
293,695
205.956
293,695
The financial statements were approved by the trustees on 18 December 2025
$￿J￿ed by..
56D478...
Trustee

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operating activities
Cash absorbed by operations
20
(37,801)
{41,349)
Investing activities
Investment income received
3,394
3,943
Net cash generated from investing activities
3,394
3,943
Net cash generated from financing activities
Net decrease in cash and cash equivalents
(34.407)
{37.406)
Cash and cash equivalents at beginning of year
237,787
275,193
Cash and cash equivalents at end of year
203,380
237,787
10-

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Charity information
Axis Supported Living is a Charitable Incorporated Organisation (CIO) in England and Wales. The address of
the registered Offi￿ is given in the charity infomiation page of the financial statements. The nature of the
charity's operations and prinapal activities are given on page 2 onwards.
1.1 Accounting convention
The financial statements have been prepared in accordan￿ with the charity's [Foundationl, the Charities Act
2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. {"FRS 102")
and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102)" (effective 1 January 2019). The charity is a Public
Benefit Entity as defined by FRS 102.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to
the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, vthich is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Going concem
At the time of approving the financial statements, the tnjstees have a reasonable expectation that the charity
has adequate resources to continue in operational existen￿ for the foreseeable future. Thus the trLtstees
continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtheran￿ of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the
charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwse if the charity has been notified of an impending distribution.
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.
11

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Icontinued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third paty, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation Can be measured reliably.
Expenditure is classified by activty. The costs of each activity are made up of the total of dIr￿t costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributatAe to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activity are apportioned be￿een those activities on a basis
consistenl with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequenuy measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the Cost or valuation of assets less their residual values over their
useful lives on the following bases=
Leasehold improvements
Computers
Motor vehides
33% Straight Line
250kn Straight Line
25% Straight Line
The gain or loss arising on the disposal of an asset is determined as the difference be￿een the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indration
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impaimient
loss {if any).
1.8 Cash and cash equivalents
Cash and cash equivalents indude cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in Current liabilities.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balan￿ sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultsneously.
12-

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Icontinued)
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost. using the effective interest rate method.
Trade creditors are obligations to pay for goods or ServI￿S that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide termination benefits.
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Critical accounting estimates and judgements
In the application of the charity's accounting policies. the trustees are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects (￿lY that
period, or in the period of the revision and future periods where the revision affects both current and fvture
periods.
13-

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Charitable activities
2025
2024
Housing benefit and support
Service user rent
977,374 1,024,446
12,377
8,439
989,751
1,032,885
Investments
Unrestricted Unrestricted
funds
funds
2025
2024
Interest receivable
3,394
3,943
Charitable activities
2025
2024
Staff costs
Rates and landlord rents
Repairs of tenanted properties
Tenant expenses
Rates on Vacant Properties
285,293
588,922
15,587
8,935
10,692
265,723
518,245
46,376
14,309
5,293
909,429
849,946
Share of support costs {see note 6)
Share of governan￿ costs (see note 6)
167,955
3,500
210,045
5,700
1,080,884 1,065,691
14-

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Support costs
Support Governance
costs
costs
2025
Support Governance
Costs
costs
2024
Staff costs
Staff training
Depreciation
Office rent
Repairs and renewals
Light and heat
Motor expenses
Legal and professional
Insurance
Office costs
Sundry
Accountancy
Bank charges
Audit fees
Independent examination
88.260
525
721
15.374
1.572
4.448
27,887
14,727
7,400
3,859
238
2,477
467
88.260
525
721
15.374
1.572
4.448
27,887
14,727
7,400
3,859
238
2,477
467
137,082
812
1,056
15,352
2.124
4,299
26,581
7,605
7,082
3,294
1,857
2,420
481
137,082
812
1.056
15.352
2.124
4.299
26,581
7,605
7,082
3,294
1,857
2,420
481
5,700
5,700
3.500
3,500
167.955
3,500
171,455
210,045
5,700
215,745
Analysed between
Charitable activities
167.955
3.500
171.455
210.045
5,700
215.745
Net movement in funds
2025
2024
The net movement in funds is stated after chargingl(crediting)'.
Fees payable to the charity's independent examiner=
for the audit of the charity's financial statements
for the independent examination of the charity's finanaal statements
Depreciation of owned tangible fixed assets
Operating lease charges
5,700
3.500
721
15.374
1.056
15.352
15-

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Independent Examiners remuneration
Fees payable to the charity's auditor and associates..
2025
2024
For audit services
Audit of the financial statements of the charity
5,700
For other services
Independent examination
Accountancy
3,500
1,440
4,940
Trustees
None of the trustees (or any persons connected Y￿th them) re￿iVed any remuneration or benefits from the
charity during the year or prior year.
10 Employees
The average monthly number of employees during the year was..
2025
Number
2024
Number
10
Employment costs
2025
2024
Wages and salaries
Social security costs
other pension costs
311,132
28,199
34,222
335.251
27.061
40,493
373,553
402,805
The number of employees whose annual remunerats.on was more than £60,000
is as follows=
2025
Number
2024
Number
£60,000- £70,000
16-

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10 Employees
Icontinued)
Remuneration of key management personnel
The remuneration of key management personnel was as follows"
2025
2024
Aggregate compensation
215,991
237.568
11 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
12 Tangible fixed assets
Leasehold
improvements
Computers
Motor
vehicles
Total
Cost
At 1 April 2024
5.085
2,349
6,828
14.262
At 31 March 2025
5.085
2,349
6,828
14.262
Depreciation and impairment
At 1 April 2024
Depreciation charged in the year
5,085
2,348
3,948
720
11,381
721
At 31 March 2025
5,085
2,349
4,668
12,102
Carrying amount
At 31 March 2025
2,160
2,160
At 31 March 2024
2,880
2,881
13 Debtors
2025
2024
Amounts falling due within one year:
Prepayments and accrued income
64,560
74,158
14 Creditors: amounts falling due within one year
2025
2024
Other taxation and social security
Other creditors
Accruals and deferred income
24.853
2.051
37,240
7.726
991
12,414
64,144
21,131
17-

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
15 Retirement benefit schemes
2025
2024
Defined contribution schemes
Charge lo profit or loss in respect of defined contribution schemes
34,222
40,493
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the charity in an independently administered fund.
16 un￿strICted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 April
2024
Incoming
resources
Resources
expended
Transfers At 31 March
2025
Reserves Policy
General funds
284,040
9,655
1104.040)
104.040
180.000
25.956
993.145
(1,080.884)
293,695
993.145
(1,080.884)
205.956
Previous year:
At 1 April
2023
Incoming
resources
Resources
expended
Transfers At 31 March
2024
Reserves Policy
Self Insurance
General funds
244,481
20,000
58,077
39,559
(20,000)
(19,559)
284.040
1,036,828
(1,065,691)
9,655
322,558
1,036,828
(1,065,691)
293,695
A transfer was made in the year to cover the deficit in the year.
17 Analysis of net assets between funds
Unrestricted
funds
2025
At 31 March 2025:
Tangible assets
Current assetsl{liabilities)
2,160
203,796
205.956
18-

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Analysis of net assets between funds
Icontinued)
Unrestricted
funds
2024
At 31 March 2024:
Tangible assets
Current assetsl{liabilities)
2,881
290.814
293.695
19-

Docusign Envelope ID.. FD97681&E1 BF4CB&9836-A7F07D31CE7B
AXIS SUPPORTED LIVING
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
18 Operating lease commitments
Lessee
At the reporting end date the charity had outstanding commitments for future minimum lease payments under
non-cancellable operating leases. which fall due as follows=
2025
2024
Within one year
Be￿een and five years
20,271
31,133
16,182
20,271
47,315
19 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
20 Cash absorbed by operations
2025
2024
Deficit for the year
(87,739)
{28,863)
Adjustments for:
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
{3,394)
721
{3,943)
1,056
Movements in working capital:
Decreasel(increasel in debtors
Increase in creditors
9,598
43,013
{10,263)
664
Cash absorbed by operations
(37,801)
{41,349)
21 Anatysis of changes in net funds
The charity had no material debt during the year.
-20-