spe brighton Charity registration number 1179174 THE SPEAR BRIGHTON TRUST RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR to 31 AUGUST 2025
sperr brighton LEGAL ANO ADMINISTRATIVE INFORMATION Tru$te•s S Taylor Rev D Millest O Hayakawa C Coates L Leaf J Amner L Taylor I Coldrick E Humphreys Charity number 1179174 Princlpal address 57 ¢SCent Drive North Brighton BN2 6SL Independ•nt Examlner TC Group Thè Courtyard ShLYeham Road Upper Beeding Steyning West Su&4ex BN44 3TN Bankers National Westminster Bank 250 Bishopsgate London EC2M 4AA
spe brighton CONTENTS Page Trusteés, report Statement of tNstsès' resporhsibiliti•s Independent examlnerfs report 10 Receipts arn1 payments ststement of as8e18 and liablllties 12
spe brighton TRUSTEES, REPORT PERIOD ENDED 31 AUGUST 2025 The Trustees present their Annual POrt, together with the linancial statements for Spear Brighton Trust for the period to 31 August 2025. The accounts comply with the Charities Act 2011, and Accounting and Repone by CharleS- Statement of Recommended practi applicable to charSties preparing their accounts in atcordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland leffective l January 20191. Structure, Governance & Management Spear Brighton Trust is a charitable incorporated Qrganisation. The organisation's charitable aims and objectives are set out in tt5 constitution, agreed by the Board of Trijstees on 11 July 2018. The charty was registered wh the Charity Commission on 12 July 2018 Icharity number 11791741. for the period to 31 August 2025 the board of trustees consists of the following individuals: I Coldrick IAppointed 21 April 20251 D Millest O Hayakawa L Taylor S Taylor T Oyeleye (Resigned 15 May 20251 C Coales L Leaf J Amner E Humphreys The trustees meet re8ularly to discuss matters relating to governan, financlal admlnistration, strategy, operational management and fundraising. The Board members come from a wide variety of backgrounds and possess skills that are relevant to the work of the or8anisatiOn. All staff. volunteers, and trustees undergo a formal recruiting and selection pro$$, followed by an inducknon period that Includes any training considered necessary to effective perform their role. Objert]ve5 & Activitles e In Bdghton by KbvI them the support, ski115 and Confiden tly need to get into work or reonter education and begin to. The objects of the charity are for the benefit of the public with a Christian ethos, to act as a resource for young people living in and around Brighton and Hove, providing advice, assistan and 5UPPOrt, educational wogrammes and other activities. Activlty undertaken duringthe yeararKI the charity's Impact is outlined further on pages 2 to 8.
spee brlghton Public Benefii In accordance with trustee duties as stated in secbon 17151 of the 2011 Charities Act, trnstees have considered the guidance provided by the Charwty Commission in regard to public benefit. This public benefit has been demonstTrted by the activthes undertaken since the inception of the rharily. Rlsk Management The Board of Trustees hold5 overall respon5ibilty for Risk Management for the or6anisation and has conducted a review of the major risks to which the organisation is exposed. Consequently, and where approprlate, systems or procedures have been established to manage the risk5 that the Charity faces. Activity in the year.. Spear Brighton Impart Report 2024-2025: Transfomilng lives As we reflect on another Impactful year. we are grateful for the young people that we've had the prlvilege to support, the partners who have championed our cause, and the businesses who have invested in brlghter futu$. From September 2024 to August 2025. Spear Brighton has continued to empower young Individuals facing signlficant challenge5, equipping them wlth the skills, confidence, and support to overcome barriers and builil sustainable careers. Al the end of 2024 there were 987,0(KJ young people116-24 years old) not in employment or education acro55 the UK. Half of those are reportedly not hopeful of ever having a produrtive life. FacinE this overwhelming challenge Sn our natlon, we choose to do our bit to make a difference in 80- 90 young Iwes per year. We have helped 455 young people into work or education since we started in Brighton in September 2018. A small number but signiflcant to those young people and their loved ones. What people say about Spear Employer. Yhle love Spear, the people that you send us have Such gocd attitudes to work and to the team. They are punrtual, enthusiastic, reliable and flt Into the team so well. We lookforward to seeing who you have for us each programme, well done."
speer brighton Employer, "Hi everyonel I have been super encouraged thls week and wanted to share, the Whitehawk foodbank has had a new cabin installed and one of the team working on the project was E - who completed Spear foundation a year agol He's been working in the team for 6 months. says thevre reallv encouraging of him, he said tt makes such a positive drfference to him to work in a team who'aren't all hot heads, like him and he says he's thriving therel It's been so fun watching him interact wtth his colleagues and be in a professional setting- let's just say it's been quite a contrast from the E we first met a year agol" Parent. We can't believe the dffjreren in our 50n. He has found such confidence and energy. We are amazed to see him speak to such a large group of people." IThat graduate now works in the Houses of Parliomentl The graduates all in their own way speak of the transformation that they have experienced through the pro6ram. Frorn being Silent on the flrst day to leading group discusslons in the latter weeks. Finding community of people in a similar position- no longer feeling alone. Feeling more confident and hopeful about their future. That Is why we do what we do. Our Particlpants Thls year, 80 young people completed our programme. This is less than prior years as we ran several "Express" cohorts where the enrolment target per cohort is 12 instead of 15. We did this to assess the efficacy of the expr$ versu5 classic approach. During the coming year we will evaluate the long-term impact. Each of these young people have their own unique journey and challenges. Here are the key metrics for the pasi six cohorts: &•
spe brighton •1 +J• Iliiil Illlil 65 young people181%1 successfully completed the programme. • 86% 01 particlpanls faced onè or more barrler5 to employment such as: o Care experience o A criminal record o Living In 5UPPOrted accommodation o Leaving school with fewer than five GCSE5 o Caring re5pon5ibilities o Physlcal andlor mental health, or learn1r difficUleS impactin8 daily Ilfe Spear Brighton recruits trainees 5peclficalty based on those with 3 or more barriers, rather than recruiting less challenged individuals. Desplte these hurdles, many of the graduates were In employment or education after ¢ompletin8 the programme: 52% of graduates were in employment, education, or trainln8 (EEn within three months of completing the programme. 68% were stlll employed or in educ*ion at the 12-month mark, demonstratin8 the long-term in7PaCt of our support In enabling Sustainable career progression.
speGr brighton Our Relerral Partner5 None of this would have been possible without our collaboration with remarkable referral partners: Barnardos. BHASVIC, Brighton lob Centre, Brighton MET College, Brighton Youth Hub, CAMHS, Clocktower Sanctuary, East Brighton YES, Elev8, Mind, Moulsecoomb Family Hub, Skills Training UK. Supported Employment Team, Whltehawk Foodbank, YMCA Evolve and Youth Employabillty Servlce. They opened doors, connected hearts, and together, we orchestrated a beautrful symphony of change. Our Business Partners We extend our heartfelt Eratltude to our partners who helped realise ourvi5ion and dellver the programme by providing ftJndin& volunteer5, company visits and work opportunities. Without these partner5 our programme would not be able to function. Thank you to: rewers, Chichester College Group* Fonthill BCA, Hiscox, LYNN Foundation, No Fear Bridge, OneFamily. Riverstone, Rosaz, Su55ex Communlty Trust, The Big Give, Wattrose and the indwidual givers. Thank you for Investing In our visionl Other regular supporters through volunteering, work placements and offerin8 apprenticeships include: Best Insuran. Elucidat. Graphite, Hun8ry Minds Childcare, Marstons, Southern Water and others. These organisations did more than just contribute,. they are the backbone of our endeavours. From inspiring company visits to nurturing through work placement5 and appntice$hIps. these businesses embodied the spirit of community.
spe brighton Our Trustees and Programme Partners We thank our trustees, all of whom are unpaid volunteers, for their dedlcation and 5eTViCe. And last but not least our heartfelt thanks to ourtwo key Spear Brighton partner5. Resurgo developed Spear more than 20 years ago and provide ongoing Innovation of the program, leadership and annual training for our team including sypply coaches when we hit a gap and Cent swaps where our coaches can join a programme at another of the 15 Spear centres nationally. Then St Petees Church in Brighton who provide us the space and support to allow us to run the programme in suitable and safe facilities. Without these partners, Spear would not exist and would not be able to run in Brighton. Thank youl Ananclols Through the generosity of our funders, we entered our 2024-2025 financial year in a stable position wlth £62,867 In cash reserve5. We slightly exceeded our goal to have a reserve of £50,000,. we also had a small working capital buffer. The reserve exists to fund the programme for two cohorts and guards against a sudden lack of Income from donors. The cash buffer on the other hand aims to Smooth ourworking capitsl to allow forthe inevitable lag5, peaks ar)d troughs of inwme from 5Utcessful grant5. Our reserves are in place to ensure that our team has peace of mind and that they can focus on the main thing- coachin8 and mentorin8 of the 90 young people that they work with each year. In¢omo Breakdown • Trust and Foundations . Corporats 40% Individual • Other income
speGr brighton We are so grateful to all ourfinancial supporters in helping us to achleve a total income of £121,512 last financial year. This15 slightly down from £130,847 for 2023124 mostly as a result of not running the Big Give (other income). Our funds are primarily from Trusts and Corporates, our aim in the coming yearsls to re1ve funding in equal part5 from Trusts. Corporate5 and Individual donors. Expendlture Breakd•>wn 3% 1% . Salartes . Coach, Support & Tralning R&D, Comms & Impact Measure . Resurgo Support 21% . Operatlonal Costs Our total expenditure for 2024125 was £159,305, 5118htly up from £142,304 the ye8r before, prlmarily due to increased salaries. We are grateful to St Peterf5 Brighton, fortheir continued support in providing office and workshop space free of charge, helping to keep our programme delivery costs low. Salarles and investmenl in our coach team Is our biggest investment but is fundamental to the impact of Spear on the lives of the trainees. We review salaries annualty to ensure that we are payinE a fair wage for the charity 5ertor in an expensive part of the tountry. The next big expense is the subscription to Resurgo comprising Ilne management of our team, ongoing training of our coaches, contlnuous innovation and development of the Spear programme and finally. support with fundra1n8 and HR. Resur80 constantly evolves the Spear programme to meet an every- changing set of needs. They undertake significant research and development impacting both programme delivery and impact measurement which ensures Spear is havin8 the greatest impact on the lives of our young people here In Brightonl We therefore ended 2024125 with a deficlt of £37.793, up from £11.457 for 2023124. This wa5 due to the drop in income but has not impacted the operation given that we entered 2024125 with above expected reseNes and we continue to manage costs carefully.
spetsd brighton Through the generosity of our funders, we have entered our 2024-2025 financial year in a stable position and continue to focus on longer-term partnerships. For the comlng year our renewed trustee team is focusing on fundraising in corporate and indNidual donor5. Looking Ahead to a Future of Impact and Growth As we move foard, we are filled with hope, growth, and deeper impact. Our mission remains the same= to equlp youn8 people with the confidence, skllls, and resllience to break through barrlers and build fvlfilllng careers. With the continued support of our partners, funders, and the wider community, we aim to expand our reach, deepen our impact, and create even more success stories in 2025 and 2026. We invlte you to continue this journey with u5 to be a part of the change, to invest in wtential, and to help transforni futures. Thank you for believing In the power of young people. Together, we are building a future where every young person, regardless of their background. has the opportunity to thrive. With heartfelt thanks and warm regards, The Spear Brighton Team
spee•T.7 brlghton Trustees, responslbilities In lelatk to the accounts The Charthes Act 2011 rèquires the tru5teesto prepare accounts for each financial year which glve a true and fair view of the state of affairs of the charity and of the Incomln8 resources and application of resources. including the income and expenditure. of the charlty forthat year. In preparing these accounts. the trustees are reqUId to: select suitable accounting policies and then apply them consistently: observe the methods and principles In the Charitfjes SORP; make judgement5 and estimates that are reasonable and prudent,. and Ppare the accounts on the going conrn basis unles5 It is Inappropriate to presume that the charity will continue in operation. The trustees are responsiblé for keeping adequate accouniing records that disclose wfch reasonable accuracy at any time the financial posttion of the charity and enable them to ensure that the accounts comply wlth the Charitres Act 2011. They are also responslble for safeguarding the assets of the charity and hence for tsklng reasonable steps for the prevention and detection of fraud and other irregularities. 30th Jan 2026 Approved bythe board on.-........... Signed on behalf of the board of trustee5.. L Taylor ITrusteel Errtha Humphreys ITrust¢el
brlghton REPORT OF THE INDEPENDEpif EXAMINER TO THE TRUSTEES OF SPEAR BRIGHTON TRUST I report to the trustees on my examination of the accounts of Spear Brighton Trust for the year ended 31 Au8ust 2025. I report to the charity trustees on my examinadon of the accounts of the company forthe year ended 31 August 2025 which are set out on pages 11 to 12. Responsibllldes and basis of report As the charity's trustees, you are responslble for th@ preparation of the accounts In accordance with the requlrements of the Charities Act 20111.the Act"l- I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in rryIng out my examination, I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Att. Independent examlner's statement I have completed my examination. I conflrm that no matters have come to my attentfon in o)nnection with the examlnation glvin8 me cause to believe: accountlng records were not kept in respect of the Trust a5 required by 5ethon 130 of the Act; or 2. the accounts do not accord wSth those records- or 3. the accounts do not comply with the applicable requlrements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and falr view which is not a matter consldered as part of an independent examination: or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practi for 8ccountin8 and reporting by charitie5. I have no concerns and have come across no other matters in o)nneciion with the examination to which attention should be drawn in this report in orderto enable a proper understanding of the accounts to be ached. Mark Cummlns FCCA FCIE on behalFof TC Group The Courtyard Shoreham Road, Upper Beeding, Steynin8 West Sussex BN44 3TN Dated.. io
spe brighton Spear 8rlghton Trust 1179174 (HARifi (OMMISSION FOR ENGLAND AND WAiE5 Recolpts Jnd payments accounts C1.C'g-?4 CC16 For the perlod Irom To Section A RÈcei tsand ment5 Unregtrl¢t•d funds Desl9n4t•d fund8 Total funds 2025 tothe nearèst£ Total funds 2024 tothÈ nearest£ Restsfctsd funds tothe nearest to th• nearest £ totho noarest £ A1 R•e•i Donations and le Other a¢$ 40.500 121 612 Sub total(Gr05S inccjrnè lor ARJ 121512 130,847 A2 Asset and investmerrt ¥ales see table . Sub total Total ceIPts 121 612 A3 Paymerrts Fundraisin ChaFrtable activities 111 305 161805 Sub total 169.306 142304 A4 Asset and Investment pUhae$. (see tablel Sub total 169 306 Nèt ofrncelpts/(p•ym•nts) A6 Transfers b8lA¥een funds A6 Cash fund¥ last year end Cash funds thls year•nd 11 57 100 660 100 660 112 117 li
spe brighton Section B Statement of assets and liabilities at the end of the perTrod Unresiricted funt1s to nearest £ Rg8tricted funds to nearest signated fund$ to ntt?f•$t £ Categories D•talls 81 Ca¥h funds Current account Othr Total funds lag balanc¢$ with recevpt8 and payments aeeountlsll QK Restrlcted fund$ to nearest Unre$trlcted funds to nearest £ Endowment funds to ntar•st £ D•tall$ B2 Other monetsry assets Fund to which as bolon Currnnt valuè tlunal Cost (OpOnall Detal B3 Investm¢nt assets Fund to which asset bèlon Current valuè tlon81 Cost loptionall Dètalls 84 A¥$9ts retsin•d for th• charity'$ own u88 Fund to whlch Amount due loptionall When due loptlonall Detsi18 relates Trade rAEditors Unrestricted Accruals Unrestricted Signèd by one or tsvo trustees on behalf of all Ihe Iru5tees Date of roval 30th Jan 2026 Signatu Print Name Emma Humphreys 12