Reglstered number: 09187469 Charity numb¢r= 1175019 CAMBRIDGE ACORN PROJECT (A company limited by guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Cambridge Acorn Project
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) CONTENTS Page Reference and administrative details of the charity, its Trustees and advisers Trustees. report Independent examSne¢s report Statement of financial activities Balance sheet ststement of cash flows Notes to the financial statements 10-24 Appendlx l - Impact Report
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2025 Trustees E Boggis lappoinled 10 Oclober 2024} N Gibson P K Ingham-watts (appointed 27 March 20251 R Lindsay F M Nolan C N Pugh (resigned 25 November 20251 L Radcliffe lappoinled 29 May 2025) Dr D Riddick lappoinled 29 May 20251 D Scott Iresioned 11 October 2024} T D Williams (resigned 9 October 20251 Company registered number 09187469 Charlty reglstered number 1175019 Registered office Cambridgeshire Music New School Road Histon Cambridge CB24 9LL Chief executive officer M Edge Independent exarniner C P J Doughety FCA Lakin Rose Limited Chartered Accountants Cambridge House Camboro Business Park Girton Cambridge CB3 OQH Page 1
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The Trustees present their annual report together with Ihe financial stalements of the charity for the year year 1 September 2024 to 31 August 2025. The annual report serves the purwses of both a Trustees, report and a directors, report under company law. The Trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charitvs governing document and the provisions of the Slalement of Recommended Practice ISORPI applicable to charrties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102) (effective 1 January 20191. Since the charity qualifies as small under section 382 of the Companies Act 2006, the strategic report required of medium and large companies under the Companies Act 2006 Islralegic Report and Direclors, Report) Regulations 2013 has been omrtted. Obj•¢tive$ and activities Pollcles and objectlves The principal objects of the charity are to relieve the needs of children and families in Cambridgeshire and surrounding localities suffering from in particular but not exclusively trauma or emotional distress by the provision of a therapeutic model of social work. In setting objects'ves and planning for activities. the Tnjstees have given due consideration to general guidance published by the Charity Commission relating lo public benefit. including the guidance 'Pvblic benefit.. running a charity IPB2}'. b. A¢tlvltles undertaken to achleve oble¢tlves The charity's prime concern is the mental health of children and families and we work to address inequalilies in wellbeing due to distress Ihistoricavtraumalic andlor conlemporarylenvironmenlall across Cambridgeshire. Our main activity is one to one therapeutic work with children who have experienced trauma andlor emotional distress and we also offer support to their families. including, as an aclivily, whole family work. We also offer 'slruclural' sessions to address emerging inequalities in wellbeing connected to the environment. We also undertake groupwork. Typically. our principle activits'es involve direct, face-to-face, work with vulnerable children and families. A¢hievoments and porfornian¢o Review of activities As can be dearfy seen from the figures below. the financial year 2024-2025 was a further year in which Cambridge Acom Project grew. Income increased from £656,835 10 £752,423 (growth of 15 /ol and expenditure as well grew from £657,605 10 £750.1091140/0). Again. our biggest expenditure was on salaries. which grew from £457.161 10 £506,484 (gro of 110/0) and, like many small charities, we have been impacted by the govemment's decision lo increase National Insurance Contributions. Govemance costs increased from £6,864 to £11,632. an increase of 69 /0. Another key area lo highlight is the decrease in revenue we have seen from Unreslricled grants. which are always so challenging lo find. This fomi of income decreased from £92,376 to £87,570, a drop of 5,/0. As for many small charities, unrestricted funding provides a key lifeline for both service delivery and organisalional growth and it is becoming increasingly hard to find. Page 2
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 A¢hievoments and porfornian¢o l¢ontinuod} We have attached a version of our Impact Report to these statutory accounts as an appendix (see Appendix11. which highlights the main achievements of the Charity over the financial period, as well as giving an ovetview of our services and impact. A colour version is available separately on our website ane can be found here.. htt s'.Ilwww.cambrid eacorn ro ect.or .uklim act-2023-24. Financial review . Golng concem After making appropnate enquiries. the Trustees have a reasonable expectation Ihal the charity has adequate resources lo continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concem basis in preparing the financial slatemenls. Further details regarding the adoption of the going concern basis can be found in the accounting policies. b. Reserves poll¢y We have agreed. al Trustee Level. a clearer and updated reserves policy now that we have grown as a charity and our monthly spend is typically in the region of £60.000. Whilst three months reseNes under this measure would equate to £180,000, il would not demonstrate prudent and careful thinking if we were just lo aim for this level of unreslricled reseNes as it would not reflect any 'Plan B, thinking. Therefore. our current plan is to largel holding £120,000 in unreslricled reserves which would reflect the organisational structure we had in 2022-2023 when our annual income w8$ £438,466. This would mean that we would be able to maintain a reduced, bul not a pure skeleton, seNice. whilst we recovered. should we gel into financial difficulty. We ended 2024125 with £95.108 in unrestricted reserves and we are targeting a growth of our reserves by £15,000 each year. meaning that we hope to reach our target of having £120.000 in reserves by 3110812027. We have brought this target forward a year due lo improved unrestricted income this year and a higher than expected level of reserves at 3110812025. We have developed further strategic plans to drive our fundraising foNard in 2026-2027. c. Surplus The Statement of Financial Activities covers the year ended 31 August 2025. The results of the yearfs operations are set out in the attached financial statements. The net inflow of funds for the year amounted lo £2,31412024 oufflow of £7701. The retained reserves at 31 August 2025 amounted lo £116.821 (2024 - £114,5Q7). d. Prlnclpal rlsks and uncertalntles There remain significant ongoing risks for small charities such as ourselves. Whilst we begin the new year in a solid financial position. and with an increased level of reserves, we are already aware that applications to funders have increased. already limited financial resources are in high demand and, alongside that, demand for our work is increasing everywhere. Therefore. we will remain cautious and prudent regarding any financial decisions which are made and around increasing our staff costs. However, there is also no doubl that the mental health of children, young people and families is going to be Challenged. disrupted and fragmented like never before. We stand ready to do what we can to support our beneficiaries and work tirelessly to increase our offer and improve our services. We would also like to extend a huge thank you lo our incredibly passionate, loyal, caring and dedicated workforce - they are the ones Continue to make CAP what il is. We could not produce the impact you Can see above without them. Page 3
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Stru¢ture. govomance and management a. Constitution Cambridge Acorn Project is registered as a oharily limited by guarantee and was set up by a Memorandum of Association. b. Methods of appointmont or Olection of Trust•e$ The management of the charity is the responsibility of the Tnjstees who are elected and co-opted under the lemis of the Memorandum of Association. c. Organisational structure and decision-making policie$ Day to day running of the charity is delegated by the Trustees lo Dr Mall Edge. CEO and Therapeutic Practitioner, who holds ultimate responsibility and oversight over the charity. Our CEO is closely supported in the daily wnning of the charity by our Head of Operations, Dr Adriana Burciaga Gonzalez. The CEO and Head of Operations oversee a wide range of clinical and non-clinical staff from a range of backgrounds. d. Policies adopted for the induction and training of Trustees Trustee recruitment and induction. stewarded under our Safer Recrurtment Policy. is currently carried out by our Head of Operations in partnership with the existing board of Trustees. In selecting a person to be appointed as a Trustee, consideration is given lo how their residence, cUpatIon, employment. specialist knowledge, and personal or professional qualifications may contribute lo delivering against the objects of the charity. A periodic Tnjslee skills audit Is also conducted lo assess any areas where additional expertise may be required. e. Pay pollcy for key management personnel Pay rates for senior slaff are set by the Board of Truslees. f. Flnan¢lal rlsk management The Trustees have assessed the major risks lo which the charity is exposed, in particular those related to the operations and finances of the charity, and are salisfied Ihal systems and procedures are in pla lo mitigate exposure lo the major risks. g. Trustees. indemnities Cambndge Acom Project holds insurance which indemnifies Trustees as standard. Members, Ilablllty The Members of the charity guarantee lo contribute an amount not exceeding £110 the assets of the charity in the evenl of winding up. Page 4
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Stat•mont of Tru$tee$' responsibilities The Tnjstees (who are also the directors of the charity for the purposes of company law) are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. Company law requires the Tnjstees lo prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of ils incoming resources and application of resources. including its income and expenditure. for that period. In preparing these financial slatemenls, the Tnjstees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP IFRS 1021.. make judgements and accounting eslimales that are reasonable and prudent., stale whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any material departures disclosed and explained in the financial slalements., prepare the financial statements on the going concern basis unless il is inappropriate to presume that the charity will continue in business. The Tnjstees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitys transactions and disclose with reasonable accuracy at any lime the financial position of the charity and enable them to ensure that the financial statements Comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Tnjstees on 28 May 2026 by.. and signed on their behalf Polly Inghsm (May 28, 2026. 3.-25pml P K Ingham-watts Trustee Page 5
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2025 Indep•nd•nt Examinorfs Report to the Trustees of Cambridge Acom Projo¢t I'the Charity) I report to the ch8rily Trustees on my examination of the accounts of the charity for the year ended 31 August 2025. Ro8pon$ibilitie$ and Basis of Report As the Trustees of the charity land its directors for the pufj)oses of company law} you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'lhe 2006 Act'}- Having satisfied myself that the accounts of the charity are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of the charilws accounts carried out under section 145 of the Charities Act 2011 I'the 2011 Act'}- In carrying out rrry examination I have followed the Directions given by the Charity Commission under section 1495llbl of the 2011 Act. Independent Examiner's Statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of The Institute ol Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause to believe= accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act or the accounts do not accord with those records,. or the accounts do not comply with the accounting requirements of seclion 396 of the 2006 Act other than any requirement that Ihe accounts give a 'lrue and fail view which is not a matter considered as part of an independent examination.. or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concems and have come across no olher matters in conneclion with the examination lo which attention should be drawn in this report in order to enable a proper unéerslanding of the accounts lo be reached. This report is made solely to the charilws Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. W work has been undertaken so that I might stale lo the charitys Tnjstees those matters l am required lo slate to them in an independent examiner's report and for no other purpose. To the fullest exlenl permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charilws Trustees as a body, for rrry work or for this report. Signed.. Dated.. 28 May 2026 er Dougherty IM£y 28. 2026. C P J Doug erty FCA Lakin Rose Limited Chartered Accountants Cambridge House Camboro Business Park Girton Cambridge CB3 OQH Page 6
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 AUGUST 2025 Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Note Income from.. Donations and legacies Charitable activities 243,297 60,701 325,483 122,942 568,780 183,643 513,256 143,579 Total income 303,998 448,425 752,423 656,835 Expendlture on: Raising funds Charitable activities 2,760 244,609 2,760 747,349 5,389 652,216 502,740 Total expendlture 247,369 502,740 750,109 657,605 Net movement in funds 56,629 154,3151 2,314 (770) Reconciliation of funds: Total funds brought fOard Net movemenl in funds 38,479 56,629 76,028 154.3151 114,507 2,314 115,277 (770) Total funds carried forward 95,108 21,713 116,821 114,507 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 10 10 24 form part of these financial slatements. Page 7
CAMBRIDGE ACORN PROJECT IA company limited by guarantee) REGISTERED NUMBER: 09187469 BALANCE SHEET AS AT 31 AUGUST 2025 2025 2024 Note Fixed assets Tangible assets 10 23 23 Current assets Debtors Cash at bank and in hand 11 87,517 117,858 23,512 140,968 205,375 164,480 Current liabilities Creditors.. amounts falling due within one year 12 188,5541 (49,996) Net current assets 116,821 114,484 Total net assets 116,821 114,507 Charlty fund$ Restricted funds Unrestricted funds 13 13 21,713 95,108 76,028 38,479 Total funds 116,821 114,507 The charity was enli(led to exemption from audit under secb'on 477 of the Companies Act 2006. The members have not required the company lo obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Tnjslees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial ststemenls. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Tnjstees on 28 May 2026 and signed on their behalf by.. haTr [lay 28 2026. ngham-watts Trustee The notes on pages 10 10 24 form part of these financial slatements. Page 8
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025 2025 2024 Ca$h Ilows from operating activities Net cash used in operating activities 123.1101 (6, 160) Change In ¢ash and cash equlvalent$ In the year Cash and cash equivalents al the beginning of the year 123,1101 140,968 (6. 160) 147, 128 Cash and cash equlvalents at the end of the year 117,858 140,968 The notes on pages 10 10 24 form part of these financial statements Page 9
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 General information The charity is a company limited by guarantee and is incorporated in England and Wales. The address of the registered office is Cambridgeshire Music, New School Road. Histon, Cambridge. CB24 9LL. counting policies 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with the Charities SORP IFRS 102} Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Cambridge Acorn Project meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 2.2 Income l income is recognised once the charity has entillemenl lo the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. The recognition of income from legacies is dependent on establishing entitlement. the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of enlitlemenl to 8 legacy exists when the charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the propety in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable. which will generally be the expected cash amount to be distributed lo the charity. can be reliably measured. Grants are included in the statement of financial aclivilies on a receivable basis. The balance of income received for specific purposes bul not expended during the period is shown in the relevant funds on the balance sheet. Where income is received in advance of entillemenl of receipt, its recognition is deferred and included in creditors as deferred income. Where entillemenl occurs before income is received, the income is accrued. Income lax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the lime of the donation. Other income is recognised in the period in which it is receivable and lo the exlenl the goods have been provided or on completion of the service. Page 10
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 A¢counting poli¢i•s l¢ontinuedl 2.3 Expenditure Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo a third paty. it is probable that a transfer of economic benefits will be required in selllement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the lotsl of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs atlribulable lo 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 lo a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on raising funds includes all expenditure incurred by the charity to raise funds for ils charitable purposes and includes costs of all fundraising activities events and non-charilable trading. Expenditure on charitable activities is incurred on directly undertaking the aclivrties which further the charitls objectives. as well as any 8SSOCl8ted support costs. 2.4 Tangible fixod as1$ and d•pr8¢iation Tangible fixed assets are initially recognised al cost. After recognition, under the cost model, tangible fixed assets are measured al cost less accumulated depreciation and any accumulated impairment losses. All costs incurred lo bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so as to allocate Ihe cost of tangible fixed assets less their residual value over their estimated useful lives. on a reducing balance basis. Depreciation is provided on the following basis.. Computer equipment 33 /0 reducing balance 2.5 Llabllltles and provlslons Liabilities are recognised when there is 8n obligation al the balance sheet dale as a result of a past event, it is probable Ihal a transfer of economic benefit will be required in settlement, and the amounl of the settlement can be estimated reliably. Liabilities are recognised al the amount that the charity 8nlicip8tes il will pay lo setue the debt or the amount it has received as advanced payments for the goods or seNices it must provide. Provisions are measured at the best estimate of the amounts required lo settle the obligation. Where the effect of the lime value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific lo the liability. The unwinding of the discount is recognised in the statement of financial activities as a finance cost. 2.6 Pensions The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity lo the fund in respect of the year. Page11
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 A¢counting poli¢i•s l¢ontinuedl 2.7 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Tnjslees in furtheran of the general objectives of the charity and which have not been designated for other purposes. Reslricled funds are funds which are to be used in accordan with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes lo the financial statements. Income from donalions and logacies Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Total funds 2024 Donations Legacies Grants 130,727 25,000 87.570 1,100 131,827 25,000 411,953 85,112 324,383 428, 144 243,297 325,483 568,780 513,256 Total 2024 177,182 336,074 513,256 Income from charitable activities Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Total funds 2024 Therapy fees 60,701 122,942 183,643 143,579 Total 2024 66,288 77,291 143,579 Page 12
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Expendilure on raising funds Costs of raising voluntary incomo Unrestricted funds 2025 Total funds 2025 Total funds 2024 Costs of raising voluntsry income 2,760 2,760 5,389 Total 2024 5,389 5,389 Analysis of expenditure by activities Activities undertaken directly 2025 Support costs 2025 Total funds 2025 Total funds 2024 Provision of therapy 705,186 42,163 747,349 652,216 Total 2024 618,614 33,602 652,216 Page 13
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Analy$is of 8xponditur• by activities l¢ontinuod) Analysis of direct cost$ Provision of therapy 2025 Total funds 2025 Total funds 2024 Staff costs Freelance therapist fees Supervision fees Therapist expenses Enrichment expenses 541,050 82.591 12,174 27.228 42,143 541,050 82,591 12,174 27,228 42,143 496, 197 66,053 12,379 22,239 21,746 Total 2025 705,186 705,186 618,614 Total 2024 618,614 618,614 Page 14
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Analy$is of 8xponditur• by activities l¢ontinuod) Analysis of support costs Provision of therapy 2025 Total funds 2025 Total funds 2024 Depreciation Computer costs Insurance Staff training Subscriptions Bad debts Room hire General office expenses Consultancy Safe environment al home Research Governance costs 23 6,119 2,014 505 804 11 5,582 1,709 3,221 284 1,360 8,463 1,217 2,636 2,255 6,119 2,014 505 804 7,180 2,049 7,180 2,049 5,644 6,193 11,632 5,644 6,193 11,632 6,864 42,163 42,163 33,602 Total 2024 33,602 33,602 Independenl examlner's remuneratlon 2025 2024 Fees payable lo the charills independent examiner for the independent examination of the charitls annual accounts Fees payable lo the charrtls independenl examiner in respect of: All other services not included above 2,150 5,170 1,030 Page 15
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Staff costs 2025 2024 Wages and salaries Social security costs Contnbulion to defined contribulion pension schemes 506,484 24,576 9,990 457, 161 30, 105 8,931 541,050 496, 197 The average number of persons employed by the charity during the year was as follows.. 2025 No. 2024 No. Employees 27 25 No employee received remuneration amounting lo more than £60.000 in either year. Trustees. remuneration and expenses During the year ended 31 August 2025, no Trustees received any remuneration or other beneff(s (2024 £NIL). During the year ended 31 August 2025, no Trustee expenses have been incurred (2024 - £NIL). Page 16
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 10. Tangible fixed assets Computer equipment Cost or valuation Al 1 Seplember 2024 540 Al 31 August 2025 540 Depreclatlon Al 1 Seplember 2024 Charge for the year 517 Al 31 August 2025 540 Net book value Al 31 August 2025 At 31 Augusl 2024 23 11. Debtors 2025 2024 Due wlthln one year Trade debtors Other debtors Prepayments and accrued income 68,012 10,291 9,214 14,748 8,764 87,517 23,512 Page 17
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 12. CrltorS= Amounts falling duo within ono y•ar 2025 2024 Trade creditors Other taxation and social security Other creditors Accruals and deferred income 4,924 9,451 2,335 71,844 9,605 9,139 31,252 88,554 49,996 Page 18
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 11 Statement of funds Stat•mont of fund$ - current y•ar Balance at I September 2024 Balance at 31 August 2025 Income Expenditure Unrestricted funds General Funds 38,479 303,998 1247,3691 95,108 Restricted funds Environmental Enrichment Telris Project Artscaping ecosystems Moon Project Social Prescribing Flexible Funding East Cambs Street-Level Trauma Response System ISLTRS} Huntingdon Slreel-Level Trauma Response System ISLTRS) Cambridge Crty Slreel-Level Trauma Response System ISLTRS) South Cambs Slreel-Level Trauma Response System ISLTRS) Therap8ulic Education Individuals in Need Other 10,642 110,6421 19.351) 149,9481 116,8481 133,1281 118.6741 9,351 51,995 2,047 16,848 23,932 18,752 41,847 32,651 4,424 119,247 1123.6711 61,551 174.2941 112.7431 2,341 108,453 1106.5401 4,254 31,825 17,350 5,515 141,2281 112.5211 15.515) 13801 19,403) 4,829 380 76,028 448,425 1502.740) 21,713 Total of funds 114,507 752,423 1750,109) 116,821 Page 19
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 11 Stat•m•nt of funds (Continued) Details of the main funds are as follows.. The Environmental Enrichment IEE} Project is an emotional wellbeing project funded by BBC Children In Need. alongside other funders including the Church Schools of Cambridge Trust, which looks to promote children's mental health through the promotion of enriched experiences. The Tetris Project, funded in 2022 by the NHS Health Inequalities Challenge Prize and Cambridgeshire County Council's Public Health Team, uses the video game Tetris to support Children and Young people experiencing intrusive memories andlor general stress post- trauma. Artscaping Ecosystems is a new project for 2024-2025, running into 2026 as well. Funded by the Evelyn Trust, Artscaping Ecosystems works across four entire primary schools alongside our partner Cambridge Curiosity and Imagination, where an artist and a Iherapisl work together in a residency moéel embedding a therapeutic approach across the whole school ecosystem. The Moon Project. in 2024-25. was funded by, amongst others. the Brook Trust. ulilises bespoke packages of support to provide therapeutic and enrichment intetventions for children and young people who have experienced Domestic Abuse IDA} post-lrauma. Social Prescribing this is the Young People's social prescribing project funded by East Cambs Integrated Neighbourhood.11 uses a Trusted Adult model alongside personalised budgets for enrichment experiences. Flexible Funding - Funded by Help for Children. this project provided flexible personalised budgets for families who have experienced trauma. 11 was founded on panoramic thinking that trauma cannot be tackled in the therapy room alone. bul requires external support around a wide range of social and economic issues as well. East Cambs Street-Level Trauma Response Syslem ISLTRSI is our vanguard project. funded by the National Lottery Community Fund. to provide a community-based support syEtem to respond to childhood trauma in East Cambs. 11 also uses the Moon Project principle of funding bespoke. panoramic. packages of support for children and young people who have experienced trauma. We also have an SLTRS operating in each of the following.. Huntingdon.. Cambridge City and South Cambs. Individuals in Need refers to restricted funding we receive (specific grants) to support individual families through local and national grant providers (basic needs). Community Therapy, fvnded by Ihe Postcode Places Trust. provides direct counselling and therapy hours for referrals we pick up in the community such as through drop-ins. Page 20
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 11 Stat•m•nt of funds (Continued) stst•mont of fund$ - prior y•ar Balance al I September 2023 Balance al 31 Augusl 2024 Income Expenditure Unrestricted funds General Funds 15,787 243,470 (220, 778) 38,479 Restricted funds Environmental Enrichment Hunlingdon Flexible Funding Telris Project Moon Project Social Prescribing Flexible Funding Easl Cambs Street-Level Trauma Response System ISLTRS) Hunlingdon Slreel-Level Trauma Response System ISLTRS) Cambridge Crty Slreel-Level Trauma Response System ISLTRSI South Cambs Slreel-Level Trauma Response System ISLTRS) Individuals in Need 10,301 1,680 (10,301) (9, 640) (27,664) (8, 152) (36,068) (5,248) 7,960 37,015 9,351 16,848 23,932 18,752 25,01 60,000 14,000 10,000 20,272 111,773 (127,621) 4,424 58,512 (58,512) 6,081 94,407 (98, 147) 2,341 9,108 1, 157 7,897 31,816 4,376 (40,924) (5,533) (7,897) (1, 120) Community Therapy Other 1,51 380 99,490 413,365 (436,827) 76,028 Total of funds 115,277 656,835 (657,605) 114,507 Page 21
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 14 Summary offunds Summary offunds- current y•ar Balance at I September 2024 Balance at 31 August 2025 Income Expenditure General funds Restricted funds 38,479 76,028 303,998 448,425 1247,3691 1502.7401 95,108 21,713 114,507 752,423 1750,109) 116,821 Summary offunds - prior year Balance al I September 2023 Balance al 31 Augusl 2024 Income Expendilure General funds Reslncted funds 15,787 99,490 243,470 413,365 (220, 778) (436,827) 38,479 76,028 115,277 656,835 (657,605) 114,507 Page 22
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 1& Analysis of not a$sots botwe•n funds Analy$is of nat as$•t$ b8twe•n funds - current y•ar Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Current assets Creditors due wrthin one year 121,662 126,554} 83,713 162,000} 205,375 188.5541 Total 95.108 21.713 116,821 Reslricled funds include the following grants re1vable which have been deferred and will be released in future accounting periods as the grant performance conditions are achieved.. Huntingdon Street-Level Trauma Response System £12.000 Cambridge City Street-Level Trauma Response System £2,500 South Cambs Slreel-Level Trauma Response System £16,250 East Cambs Slreel-Level Trauma Response System £6.250 Moon Project £25,000 Analy$is of not assots betwe•n funds - prior y•ar Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Tangible fixed assets Current assets 23 59,839 (21,383) 23 164,480 (49,996) 104,641 (28,613) Creditors due wrthin one year Total 38,479 76,028 114,507 Reslricled funds relate lo the following grants receivable which have been deferred and will be released in future accounting periods as the grant performance conditions are achEved. Easl Cambridgeshire Streel-Level Trauma Response System £19.800 Cambndge City Street-Level Trauma Response System £8,813 Page 23
CAMBRIDGE ACORN PROJECT IA¢ompany limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 1& Ro¢on¢iliation of net movomont in funds to not cash flow from 0ratIng activities 2025 2024 Net incomelexpenditure for the year las per Statement of Financial Aclivrtiesl 2,314 (770) Adjustment$ for.. Depreciation charges Increase in debtors Increase in creditors 23 164,0051 38,558 11 (6,346) 945 Net cash used in operating activities 123,1101 (6, 160) 17. Analysls of cash and ¢ash oqulvalonts 2025 2024 Cash in hand 117,858 140,968 Totsl cash and cash equlvalents 117,858 140,968 18. Analysis of changes In net debt At1 September At31 2024 Cash flows August 2025 Cash at bank and in hand 140,968 123.1101 117,858 140,968 123,110) 117,858 19. Pension commitments The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charrty to the fund and amounted to £9,990 (2024 - £8,931)- Contributions of £2,154 (2024 £nil) were payable lo the fund at the balance sheet dale and are included in creditors. Page 24