Charlty ￿gIstratI1)n number 1180339 PRESS RED CIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 Tr•• Aecountancy Umii•d Chart•r•d Certlf£ed Actountanls 3rd Floor Easigate Castfe Street asllefield Manthester PRESS RED CIO CONTENTS Pao¢ Trust8ès rawt I￿loPandant oxarrintfs rsport ststement olfinaffial acfvths BaL4n¢e sheet Noies to Ihe firon¢ial $latemeThts 7-14 PRESS RED CIO LEGAL AND ADMINISTRATIVE INFORMATION Trustoos M Whte (Resigned 11 January 2025} Y Griffilhs M Wdson Chair T Napp S•nlor rnanaymènl M Bucknor Operalons dtrecior Charity numbAr 1180339 PrIncI￿1 addr855 The Message Tr￿1 LaTha51er Hwse Harper Road Sharston InduslrialArpa Man(thster Independenl exarnlner TreeA(xxKJritancy LirnrfeLI 3rd East9* Casue sireot Caswer￿d M3 4LZ PRESS RED CIO TRUSTEES REPORT FOR THE YEAR ENDED 28 FEBRUARY2025 The tnJ5tees F0 Shared slories and partiapattry exer¢i5e5. TIu5 delTYer5 oulcornes that contributè ts)wards k4èpirtg sala and rat5*ng awareness of go&1, wtholesome and posivvg endships. self-worth and value. AJ¢wde it hdps pu￿1$ ￿COgnISe unwlK4e50me and polentkql a￿5￿¢ altilwl¢¥. behawor5 and reL3tionships with Prar*iC￿ steps io av(xd and fxe¥ent such 5ituation& Conlrd a powerful dramattsation Ihat ehall*)ge5 C￿e¥ of the knrLs of dom¢sti¢ alxjse and its prevalence in sotiety. As part of the Press Red's ¥bvrties lo raise awarenB55 01 viderKe and abuse. Ihis hdp5 peopl• to Ihink through thè i$su8s and each prc4luthon a150 Sndudes a fjme t￿t [￿MoteS open (fis¢us￿on and opportuntyfor Lx￿M$ lo be v(Mced. Disrupior k% a byslander int8Nentw prf*Jraff*ne ￿e￿vered Ihrwgh a hybrid onlineldassroom ¢xJurs8. It eq￿p$ people to know how to respond to sttuatK)ns there is abuse ocaJrrirwJ. to recoJnise wsm in dtfferenl sooal and settirs5. and to I￿￿de the necessary Ic£45 and th115 to F*)5ilbvely challenge and 'sFeak up, in &tuatKffls they encounter. Thls pr(*Jramme has been develored in partnership wlh Exèter Untversity And the maièri presented 13 used under Ir¢nc8 from them. PRESS RED CIO TRUSTEES REPORT ICONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2025 Sic and arliThJ prc¥JLKtion5 are an effecli¥e way to comwiicale aTrJ challenge Mews and actlons we see In 8veryday Sfg. The Press Reil leam develops its material. bThrilirwJ songs and spKken word for produrlms in vaMu5 forum$. The Bvok of Ruth (Be￿k¢l￿z1 was wled ¥JJt during the year wth a particular $5age to rrEn to becrrfne allEs n and see the cfporbjnty they have to wt a stop lo abuse and ¥#￿￿nCe a9ainst women. Press Rd ha5 rvn 50rial medH carrpapws a5 a key tool in (>Jnfirning io that￿n9e the silerts on maliers ol vioknc8 and abLW agalrffjt and Press Red aL*vely uses Ihese t*anneL8to audiant*. Flnanclal revlew The ¢*8rity has a suWU￿(￿efjt7tj for the ￿81 of1£7.667112ff2¥24 £8,6S81. At the bala1￿ sheel dal8 lh8 th3rity had reSt￿ted reseNes of£0 {2tr23r24 £186211 and uNeslrirled resÈr¥e$ of£8.76912Q3124 £17,298 Goiftg conc8rn Tha charty has L*8n fvl1y-op8ra￿0n8I thrwgh the year twt th8 chalengiro envimnmeni for obtainltvJ fundirYJ Is conts"nuing and makes k)nger tem F48nniThJ [r￿e ¢SiffKulL In(kndual thnations have geTheral￿ rwnained steady b Ihe ability and process to seture 9rants ha$ 5bw thrvuglvyjl thè year. Whibt Ili5 appear5 lo be refiected across thè ssctor, it has18d to Ih8 CCrtinu8d light u)ntr(A ￿ expendrture and kew"TrJ the operatin9 CJ)sts to a minimum. Jhe mali operntional aciMbe5 conlinue to bE hanrjed by Ihe Owation5 Director who is wothng a contract basis. Re¥eThespoli¢y Press Red ackno*s thaL In lo increase its ￿si￿rte against evenK it is appropriale and PnEdent fcf r( to retsin a certan arr￿jnt of financial reSe￿e$. It is therelore thÈ [￿lIcY OF Pcess RÈd to keep appr0￿MatelY onE rronth's Nnning C051s in re5erve5 to 0￿r unforeseen erw98￿18S. arrv)unl wll be L¥teuLq18d ba58d on Press Re￿$ total p￿Icted expendityj￿ over the rest ol the t￿etary year (excluding any variable tyJtwrrfJ51. As of the date of thi5 p￿ICy. no sieps need to b¢ taken to achieve this level of rÈseNes. Thi$ pofryknill ￿ re￿eWed on an ￿s. Funds In deffcit Atb)e balar￿0 she8t date th•r• are fio tuThds in defitst. Piincipai furfing 50urr•s The prinrypal Sc4Jr￿ offijnding are frorn i[￿￿￿UaL8 and grarts. structure, 9overnanc• and management Natur• of govèmlng document The CW s a charl￿ble IncO￿ted lknnisalTh and is govemed by Ihe Con¥lltuti￿. The charity was re9iStered wli h the Charity Cornmtssion on 16 Odober2018. Re¢ruftment and appolnbnent of trnstees Apart from thè first L*aThty trust*&S. Wèry trusièè rN51 b8 appointed for a teTh ol three year8 by a resolution passed at a property ctswened of the tharity tru5teps. Trusteps arE able to 5erye rnore than one term. In selecting indivwJuals for appointment as charity tmstees, Ihe twstees must Iwve rngard to thè skills, kn￿*￿d98 èypÉriartè n8wJad kn th88lf8cIiv8 admwMslrntw of Ihg CIO. Organlsallonalslructure The decsSh?ns lor Ihe charity layvmlh the Imslees. daylveratK￿ arewilh the CEOwho delegate5 to tho slaff. Any major dèttsions. such as slaff. finar￿la1. legal arg 1*gn by the CEO to Ihe Trustees. Induction and tralRIR9 of In￿tee$ Duriry the reportsno perNxJ the trustees We￿ kept up lo dale 85 to their obf¥ath)n5 refere￿e to the Charlty Commissvjn gUidar￿e ptsb1￿ befter￿ No new tntstees We￿ apprxThted t1uring the year and one 11} lrnstee rosigngd. PRESS RED CIO TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 28 FE8RUARY2025 Arrnngomonts br￿ttIng k•Y￿nal￿r￿nt peysonnel r￿￿￿ratIon Th$ is done ty thetft￿ees in g)vwrrfn8rtstw*rds. Financial In$tr￿m O¥e¢tiv¢s and Wicles The ch2ftty ha5 ba&¢ firw*ial ￿$bUM￿nts. At p￿sent ￿ ¢10 rot feel Ihpre 15 uNea$c￿bfè risk to tho ststement of trustees Mpon5ibililles Th8 tnL4te&a are respcngE*k for we￿ri￿J the tru5tees' ierKxi and the finat¥ial stalem*ts n aC£uda￿ Yrith the United h]ngd￿n Slarthrds (United lfjngdcffi Generalty P&repled Al4>)￿ti￿ PraL*￿> and appfi¢at4e rÈgulalior*. law applicable to tharibes rewires the b￿tett5 io pware fffja)tial statements for )Fn8nc481 year vthith give a bue and fair view of stale of of the dwity and of ts TmrirvJ re5purces and arpI￿atrOTr ol res￿￿$ oflheehanty s)rthatpw￿fj. tn WEFanng thesB firrarKial ￿alerT*￿. the trvsteès are requ4edto'. ' 5eknt sihtsb18 aco)urthr•J F4Yiries and lkn ak¥Ay tPem Cc￿)*$1￿￿￿. . (*JseNe methcds and prirKiF4es th the char￿e$ SORP: - Makei￿gements estimates th* are reasonaile and • slaie Y4Wh8rapfftablea¢xtyJthg stsThJard5 have been folknwèj, sut4"&X to ary Thslerial ckp3rt￿dJsdoseJ and eWan&l f￿ancial 5t8knnen￿ aThJ ' wewE the ffinanuzl slaterJ*nts on the g￿Nj Mr]￿rn knIsis it ij inapwirmte to th8 tharfty I contmue in businw. The trust8é8 are ￿￿onsIble fry kwqr*J wopw aoxAJnbrKJ rsojrds thal dl8ckne ￿ re890nabte aCCUTaCy at any me finantial pJsth¢)n of ckwity and enaNe them to eTh$U￿ thal the finar￿1 State￿￿nIS ¢JJmpty with lh& Charibes Ad 2011, thè appWt4e Ch8rthes IAco)unts ￿ Repjts) RryuPdtions. arKI the prwyons ol ihe corstitution. The trvstees are also respr￿sIb￿ for sawarding the assets d the th*ty and laking reasoroble stepy forthe preventiw and de￿#￿1 Offralbs￿d LXt*rwrewkrrfie& T Napper Chalr and ThJsie& PRESS RED CIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PRESS RED CIO I rep£Yt to th8 tsuslee$ on rny examir¢aOon ol the statements of Piess Red CIO {the charityl lor the year ended 28 February 2025 are setOLrt on pages 510 1S. R•spon$lbllltl•s and basls of r•port As the Injstees of tha ehaftty you arè rè$p)nsiNè forthe p¥e￿alk)n of Ihg finandal staiemeDts In ac(aYdanc* with the wulrenRntsofthe ChanbesAct2011. I report in respecl ol my examlnaticffj of the chaivs f￿ant1￿ statomènts carri￿ c¥Jl under section 145 of Ihe Chaiibes Aet 2011. In ca￿￿n9 OLrt my examination l tsve loU0w￿ the LI.￿￿0nS gi¥en by the Charity comm￿S1on under section 145ISXbl of the CharitiesAcl 2011. Ind¢p¢nd•nt •xamTn•fs $tal•nbènt Your attenbon 6 dr>+m to thè faci thai thè eharity has prepared the finanual $taleTh￿ftts in a¢x(thn¢o wlth Ihe rdevant ver&on ol Ihe Ststemenl of Re(>)nvnended Praetiee 8ppThC4b￿ lo ch8ritie¥ pr¢p8riro their )In8nc481 slaternents in xcordanco ￿th the Financkql RepO￿r￿j Standard appltable in the UK ond Re￿bI￿ of Ireland {FRS 1021 in p￿le￿nCE to thBAccOUnbr￿ aNI Reporting by Charities.. Slai8rnent of ReoJmmended Pra¢tic4 Issued on 1 April 200S ¥thch ts referreil to in the ex￿1 WLrfatrons bul has now been wilhdrawn. l understsnd that this hps been dorE in order for the fin8nrAal 5t*ements to provKde a Irue fwr yiew in actt￿r￿e ¥vilh UK GEneral ACCePtsdA¢￿Unting Pracbce. I have *))mpleted my examination. I confinn IhBt ￿ m*ters have to my aiteThtiw in conne¢trJn with Ihe examination gNin9 cause io befieve Ihal in anymalerwl re5pecL" acrounbng records wwe Mi kw in respect of the ch*as re4uired by 5eEtion 130 ofthe CharitiesAct2011. the fin8nrial slatements do not8rKord vlth Ihose r￿1￿$. or the fin2ThYI stsleft)enb 110 nol rthipty *ith the applicable wiirements (￿¢*ming lh8 forn and contsnt of finarKial 51atements set wt in Ihe Charities IAcx¥NJnts and RerKMtsI Regulabffis 2008 olher than any regUThT*nt Iha¢ the fin￿Cial 5taLefflents 9Ne a tsue and fair vi8w. whth t5 Th)1 a I[￿r consthrgd as part of an Indepgrmlenl gxamlnatbn. I have no Cor￿eTr￿ and have C￿¢ acr[555 no thr rnatler5 in C£mect[￿ wih th• examination to which attention sIKxJkl ba dra¥¥n In tlus in c(der io a W(wr￿Je[StandI￿￿ ofthg lknancw statements lo bè reached. Nlchola5 H￿188 FC¢A Tr•èAecountancy LSrnltsd Chartered CertifiedAcuJuntanLs 3rd Flo(x, Eastyate Caslle Street Casllelteld M3 4LZ PRESS RED CIO STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR ThIE YEAR ENDED 28 FEBRUARY2025 Unrestrlcted Restslcted fvnds funds 2025 2025 Totsl Unr¢$lrithd Restrl¢¢ed lund¥ fund$ 21)24 2024 TDtsI 2Q25 2024 Incomè from.. Dcx)ations ￿aties ChaibtaNe activities 27.fA9 1.152 33.416 10.000 43.416 1,152 Tolal in¢ome 28.821 28.821 34.398 10,000 44.396 Charita￿e acbmties 36.488 36.488 24.136 11,602 Net Incomellw?enditure} 17.667) (7.6671 102 11,61rL) Tr8nsfgrs be￿wn luThY5 1082) N•t movement In funrjs 18.529) 10.280 {1.602} 8,6S8 Roconclllallon of funds- Fund bal￿¢¢$ at 29 FèbnAry 2024 17298 {862) 16.436 740 7.778 Fund balan¢es #t 2a F•lJwary 2025 8.769 17.298 18621 16.436 The ¥*atemenl of finanoal a¢tMtE5 WKlude5 al gain5 and SJsse5 reo)grMsed in Ihe year. AU income and exFenditure derive fr(￿ continuing aclivities. PRESS RED CIO BAIANCE SHEEr ASAT 28 FEBRUARY2025 2024 Currentass¢ts Detthrs Cash at ￿￿k and in hartd 218 18.618 Ctodiiors: amounts falling duBwrthln ono ygar 18.836 10 16.436 The fund# oftho Charity 12 un￿strided Iwjds 1862} 17298 8.769 4789 16.436 7ha stalen￿ts *trè awyrO¥￿ blthe on...... T Napper Chairand TnAts• PRESS RED CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY2025 A¢¢ouniing J>oll¢l•s 1.1 Accounting ￿nventIon The financial 5talemEn15 have been wepared in ￿COrdan￿ %￿th the charitys A￿U￿ting and Reptsrbry by Charibes. Charities Act 2011, FR5 102 Tr Fihartoal RaP)rtI￿ Standard applicable in the UK and Republ￿ of Irelan￿ fFRS 10T) and thg chanb.es SORP-Actounlng and RepxtiNJ by Chariknes.. Ststement ol Re¢ornmendetJ Practi￿ applicabl2 to charities prepariThJ their accovnts in acc52rdan￿ with the FinanLi Rewbn9 Standard 2prAi¢able in Ihe UK and Rewjbfic ol ktlanll {FRS 102)" l•ff•cD￿ 1 January 2019}. Tho Charity is a publ￿ B8nefit Enbty as defined by FRS 102. Th8 charity has taken advan* of the pThtsiors ￿ the SORP ts chariilgs Jv)I to ￿par* a Statom&ni of Cash Fb)ws. The ￿nanCIal statements have dep￿1 from Ihg Charilies IALxounts Reports) R￿￿tiOnS 2(x18 onty to thg extent required to proviye a truè and la* vièw. This d8P4rturè has Involv￿ follownj the Stalernent ol Rewrnmended Pwti¢e for charits.es app￿￿j FRS 1tr2 Ihan th? versv)n of the Statemenl of Recornmended Prnctrce which 15 rgfeffed lo in kne Re9dations butmthth has since been wilhdwTr. The finanL?al 5talerrthts are We￿re£l in $terf￿g. which 15 the fijnctwal ¢mncy of the cjwity. Monetary amounls in these fir￿ncIal staterrents are rcunded to the nearest £. Th9 firrJnoal statements have been prfrpared urKler thtr hi51orical c051 conyention. The prinrip31 accounting policaes adcpled are set oul bdow. 1.2 Golng concern Thes8 fina￿la1 staternenls aw prepared on the 9cl￿ uncem basts. Tha truslees ha￿ a reasonablè expectation thai Ihp tharity ojntinue in op¢ralioTral ￿$tenCe for Ihe foreseeable lUtu￿. however. the trustees are aware of terlain rna¢eiidl UnCerta￿tE5 whth rnay cause dothl on Ihe charitys ability lo continue as a gow concem. has be￿ 05scus￿O￿S wlhin the (*aTity meetiros of potential winding up of charita￿e 8Ctivitiesthr0￿h Pr855 CIO Ihat mayr&wll in doubts regarding c￿ntinU11￿j as a ooing eoncem. 1.3 Charltable funds Unrestrided funds a￿ avalable for use al the LfL5C4Etu)n d th8 in lurth8ranca of th￿r charitabl oblèctN8S. Restricted fvnd5 are 10 Sp8ar￿ condit*Jns by dor￿￿ or grantor5 as to how tlw rnay be usgj. Tho pwposes and usesol Ihe restrfcted frjnds we set the Mtes to th* financial $18térnènts. EndowThent lund5 gjbied 10 SF￿ conthknns by d¢Yw that the carmlal musl be mainlained by the charity. 1.4 Income Voluntary irydudrry fknations. gffts. fegaue5 grants that provide cC￿e fvndtng ￿ are of a ge￿ra1 nabJr8 is recognlsed when the charity has enb"Uemenl to ihe in(1￿)e. it Is probaile thai thè w)LY)mo bè feceNed arKI ￿ ar￿UnI T￿&￿¢￿ wth suff￿Aent relobdty. Cash donations retwnised on receipt Olher donat¥)ns arè reeognis8d onLY th8 ¢h8rity has been notified of the donabon. th7kss perfomiance ujndili￿s requi￿ defeThal Df the grrK)unt. Ir￿)￿ tax recoverable in reLatiC￿ to ¢knalions [s￿￿ed under GrfiAJd ordeeds ore￿1￿an1 Is recr4nlsed at the oflhe donation. LegaL7e5 are ¥ecognised on receipt or other￿￿e il th2 th*ity has beeTh notified ol an impendi19 distrfwtion. the amount ts kn(hwft. and receipt is expecled. If tho aNyJnl is Tr)t known. the 18gacy is trea￿d as a)ntingentasseL PRESS RED CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2025 A¢¢ountlng pollcl•s {Gc*ntlnu•dl Grants are reccsnlsed when Ihe tharty has an enffiuement to knds and any coTrJitions linked to thg grants have be8n m8L Where perf￿wICe r))TrJ1bc￿S are attached to the grant and are yet tD be met. th¢ inwme is ￿¢￿9￿15ed as a liab￿ty and induded on the balance sheet as dÈfetred income io bè released. 1.5 Exp8ndJiure EX￿ndI[Urè ￿ recoJnL%ed once Ilwg 1$ a Wl ￿ ￿nStrU(lIVe ob]igabon to transfèr è(x)nomic bèn8fft tg a third paty. it is probatAe that a transfer of ¢concffii¢ treneffts be ￿LIfe￿ in settlement. aThJ the amDunt of the oE4vJation can be M￿ured rdiab]y. Expenditsjre Is dassrf*d by acbvity. The of eath 8Cti4ryty are nK8de up of the totsl ol direcl c¥)sts and sh8red o)sts. Ind￿11￿4 SUPPQrt [X￿ involved in undprtaking each ￿lect costs attnbutsble to a single a￿l￿ty arè alhJeaied direcly to that ad¥lty. Shared o)sts whlch contrftyJte to mor• than onè ac￿lty and Sup￿ o)sts whK* a￿ ￿1 attrftyjtable to a sw)glE acliwty are apporlioned befften those activrties on a basis consisterst with the use of resources. Central staff costs a￿ aDrKated on lh8 bas￿ of time 5penl, and dowaciatson chargès aF• al￿alsd on Iha porfon oflhe assets us Supportcosts Support costs indufle central fi3r￿￿Or$ aThJ Fwve been alc4xted to actsvity cost £gtegorie5 on a basis consistent ￿1th the use ol resources. for example. a[Orxti￿ costs by flo￿ are35, ￿ per capital. 51aff (x)sts by time spenl aThJ othw e(bSts by ih4ir w. CharRable acllvilles Charitable ex￿ndituTe t￿e L))$15 irKwrEd by Ihe dwty in the ddwery of its 8ctsMlies and servw for 115 benefiuaries. 11 iachjdes tolh costs Ihat can be alo¢atg11 tllrecoy lo such afAMtres anrf tkose sts of an In(frect nature necessary to supky)rt IherrL GovemarKe c05ts indud8 the costs atlritryJlablÈ lo the th*ity5 ((Th￿l0￿ce wth ¢orbStitutional and 5tabJlOry iequwements. kndudiNJ audil stratsg￿ rnarAg8rneTht and trusteg's rne¢ti￿ an¢J relmbursed expeThse& 1.6 Tanglble fixed assets Taryiue frxed assets are inibdty measJred at cost 5theqwty mpa5ured at cost or ¥a￿at1￿. net of depr8uation and any irnpairrn￿l k6ses. DepreoatK)n 1$ ￿¢1￿1n￿l 50 as to wite off the cosl orvthalKfi ofassets less Iheir re￿d￿￿ vatues ¢>vÈrth*r U5efiJl lives on th8 lottth¥hvJ Iwes.. FLXture5 and ffi¢ting5 The galn or kxs awrKJ on the disposal of an a5setls deterrI￿ned a¥ the drfleronc¢ b&tsveerÈ the sale prc¢eeds and the vdue of the asseL awKI 15 rwx>3ni5ed ￿ the statement olffinarKial aclNflle5. 1.7 Cash and cash oquivalents Cèsh and cash 8qU￿￿ents Indude cash kn hand. deposfts held at eall wilh banks. other short-lerm Iv4uid Ivestment5 With original maturit￿5 of three months or less. and bank oveidrafts. Bank overdrafts are 5hDwn thin bwowin9S bn cu(rent Ik*11￿$. PRESS RED CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2025 A¢¢ountlng poll¢E•s IConttnu•d) 1.8 Flnanclal Instruments The charity has dected tr) apsAy Ihe F￿lDn5 of Sethon 11 'Ba5ic Financial In51DJmgnts' and Seclb2n 12 'othw Finantral IrtstNments Issu8s' ofFRS 102 lo al of Ns finan¢Jal •stwnwts. Financial instruments are reco9nis•l in thp tharitrf5 b3knncE Sheet whBn the charity becomBS paty to th8 ¢ontraclual provlsions of th8 ￿￿truMènt Financial asset5 and Itabil￿e5 are oifse( wth IhÈ net arnounts presented in the finanThal 5talernen15. %then th¥e is a legally &nloroatAe right to setoff Ihe rerawised amounts and therg 15 an Inlentbn to settfe on a net b881s w lo ￿811$8 Ihe assetaThJ seiue Ihe frabiSty simulta)￿Jsty. Bask finantlalass¢ts Basic fina￿al assets, whith indude debt0￿ and cash and bank balances. are irylially mèasured al IransaC￿On price nduding tra￿￿tion costs and are subsequently carri￿ atamoiiséd ￿n0 the •ff8ctiv8 interest metlK¥J urle$5 the a￿ar￿Jen￿nt rx•n¥blut¢s a finanong transaclij). knttere the transacbon 15 measured al the wesenl va￿e of Ihe (uivre rEceipfs d150xnted at a market ratè of inleresL Finartial assets dassified as r8t8iva￿e￿thin are nol amorf6ed. Ba51c fmancl81118bllltles Bas￿ fina￿￿1 1k41y1rt￿. incaudirvj rxedftors aThY bank loans are ￿¥traIly reco3lli5Ed at tra￿￿1)In price unless the arran9Emenl con5titules a finarK￿g transaction. where Ihe debl irstmmenl i% mtrasured at the pre5erit value of the ftjture paymenls disrKJJnted at a matht At• of w￿r*sL F￿an081 liatrftrt￿ dassffied 8$ payaNe ithin one year are notarnortBed. Debt instruments ar¢ subsequentyrArrled 3t•wbsed crf using èffètsiva •iiar8sl rn18 ThtIKrfl. Tiade ¢reditor5 are ollvJatb￿5 to pay lor g)oJ5 or services Ihat have been acquired in thè ordinary ￿Y￿e of operatiorhs frun sUp￿lerS. ATrMxJThts payabla aro classrfjèd as ¢)Jrrènt 1rdbil￿O&s rf pay￿nI is du8 within one year or less. 11 Ihey are prosenled as [￿￿urrent Ikqbilrf*& Trade creditors a￿ reeoyn*ed initially at transa¢iion wce 5ub5equentlymeasured al￿tised cost U5irs the effec*ve iniezest methcrtl. 1.9 T￿atIOn The charity Is considered to pass th8 t8StS S81 rmjt In paragrar￿ 1 Sc*edule 6 of the FlTh8nce Act 2010 and Iherelore rt meets the defirubon of a dwrifaNe c4Jmpany for UK wp)ration tax Wr￿se3. Ac¢ordingly, ¢he charity is potentially exempt from laXatK￿ in te5PEd of irK(xne or capital gwns reC￿1ved wdhin categories covered by Chaptér 3 Part 11 of th8 Corparakn Tax kl 2010 or Sec*on 256 of the Taxalon of Chargeabl• GainsAct 1992. to the extent IhBt suth Incl￿ organs ar¢ ?pptse(I wduswdy to ¢hanlable purpose& 1.10 Employ•• bon•ffts The ol any unused hoLWay en￿lle￿I 15 recc9ntsed in the pe￿￿ in Ihe empwee's servkes a recelved. Te￿inatiOn benefits are reD>Jnised inrnediaiely as an eApense when the charity k* demonstrabty CÉ*rrmiil8d lo terminatè th• •myow￿tsfsTh èmpkny88 orto l8rrinab￿ bwfts. 1.11 R￿lTement benefits Payrnents to defined ccffllr*Athn fetremenl ba)efit sthen*s are thorpj a5 an expEn5e as they la4 du8. PRESS RED CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 Incom• from donatlons and logacles Unrestrlct•d Reslrlctad firnds lunds 2025 21125 YO￿ Unrn$trl¢l•d R•strl¢i fund5 funds 2024 2024 Total 202S 2024 DonatKns and grn5 Grdnts 13,669 I4,￿) 13.669 14,Of 11.416 22.OtKI 11.416 32.OtKJ 10,000 27.E69 27.669 33.416 10,000 43.416 Donations and gifts Donations Gift aid rèdairn8d R8gulargNirMJ 7.679 5.580 410 7.679 6,681 574 4.161 6,881 574 4,161 410 13.669 13.669 11.416 11,416 Expendlture on tharltabl* ad5v￿•S Support costs Support costs 2025 2024 DirEct costs Staff LXYSts Travel InsLwance Consultar￿Y Donor reLqtr"ons Project rwnagemem AdminIstral￿n ￿$ts OthEr re50ufcES Independent exarnination 90 513 218 24,737 360 8.202 245 30,155 4.08 4B5 272 1.250 36,488 35.738 Analysls by fund Unreslricted ftmds Restrictwj lurwjs 36,488 24.136 11.602 36.488 35.738 10- PRESS RED CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2025 N•t mow•mont In funds 2025 2024 Nel lFb￿eME￿I in is slaied after tha￿￿r￿{cred￿ry> Feas payaNe forthe Inde[￿dent rethvof the charivs f1)a￿la7 statements 1.200 Trustees Jna of thè trust￿ (or any perso￿ Cl￿nec￿l them) I￿8¥ed any r*nunerathin or benefib frcffl the charity during the year. Employws ThÈ average rnonthty numEeT olempb)yees during the yearwa 2025 Number 2024 Nurnber Total Employment costs 2025 2024 OthEf PEn5ion costs 0 (2024- 1 } olthè abov8 wr¥oye¢s parfdpaled tn the Dethetj Conljfixjlion Perrion Sthemes. Contributi￿$ to the enwo￿t pensw 5thEme5 theyEar totslled £O12024-£Sfl}. wrth the excepts.￿ of the Chief Exeuth¢ and H¢ad Df Vdunteers Ihe used o)nsultsnts to perfomi the runnin9 ofthe tharity. There were no emF4oyeeswhose amual rE[￿r￿al￿ wa5 rnry¢ Ihan £60.(QJ. Taxalltyn The tharjty is ￿ernpt trom taxaliDn on its *I¥￿e$ because al its incOff￿ is apF4ied fortharilablp purpty5e% Tanglblèfix•d a558ts Ftxtur•sAnd Iktlngs At 29 FetKvary 2024 DIspDsaLs At 29 February 2024 Ellminated in r6spèci oliftsposals carrying amount At 28 February 2025 1.276 11.2761 1.276 11,2761 PRESS RED CIO NOTES TO THE FINANCIAL STATEMEprfs (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2025 Debtors 2025 2024 Amounts fallin9 due wÉthin year. Otherdebtors 218 10 cr￿ltorS. amounts falling duw within ong y 2025 2024 Acxwals an¢J defer￿d 2,400 11 Retlrement benefitscheme5 2025 2024 Dofin•d contribuiitsA $ehèmes Charge to profit orloss in respBL*of defined Contri￿￿￿ x*em¢s The charity 0￿rat•S a dèfinèd F￿slon sthama for am (Wa￿￿[¥) ern￿OYeeS. Thg assets ol thg scheme are hekl separatety from t￿e oflhe th¥rity in an 1￿ePe￿￿entyadminISI¢red fijnd. 12 Restricted lu#ds The ￿$tr1thd funds ol the comprx the unexpended batarff¥ gf drywtions and gr4nls held InJst subject io speofic conthlions bY￿￿Ots a5 lo IM)w W May be wd. At29 In¢oming Resources TrnnsferJ Febrnary 2024 resources t4￿nded At28 Febr￿ry 2025 ThbAnclv)r Foundadon {8ff2) 862 Prevlous year. At28 Incorning R8%>urc February 2023 r•sourc•s •xp•nd•d Translers At28 February 2024 SchocAs Wo ThgAnchor Foundation Grnntfe CE 1401 110.862} {7W} lo.￿0 {8621 7(Kl 740 10.LMIO 111,61Y2} 18621 12. PRESS RED CIO NOTES TO THE FINANCIAL STATEMEKTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2025 13 Unr•$trl¢t•d funds The unrestrlrled hjnds oflhe charityix)mpr*è the ￿S%p1nd￿￿ balws oft1onat1or￿ aThJ orants which 810 not subject to SP8Chfic byd0Tr)￿ and grantots 0$ lo Ilw rnay be used. These indude designated fiJnd5whKh have teen 5etas•J8 Out of unrestricled luryjs by the trustees for specific puy158S. InCOn￿ng Resour¢es Febwvary 2024 mour¢•s expended TranslETS At28 February 2025 Control Sthools Cisruptr Grid Ll1 eraiure Gener {680) (10.9￿2> 14.862) 186) lo.￿2 4.578 27.929 {17.998) 18621 8.769 17.298 28.821 136.488) 18621 8.769 Pre¥iaths year: At28 Incomlng R￿QUr¢•$ February 2023 re%lurC￿ ¢xpended Trnnsfofs February 2024 Contr Sthods Diswptor Grid Liter8iu General fvr¥Js 10.542 4.230 10,902 4,578 348 272 33,416 1.3S2 {3001 19,5801 124,1361 34.396 124.1361 17,298 13- PRESS RED CIO NOTES TO THE FINANCIAL STATEMEPUS (coKfiNUED) FOR THE YEAR ENDED 28 FEBRUARY2025 13 UnrestrIct￿ fund$ {Contlnued) Thè sptcifie purpxas for which th&f￿d5 awto b¢ are as folrAvs: Control is a hard l¥ttin9 dAma attht a an a￿S1¥e F￿a￿￿t4P. li tharts thB cwr5e of thew re￿I￿)nshP and sh¢%vs how ¢))errave c•nlfoI begn5 2nd grovjs. Along wlth tho ¢*ama we have pewmel present who can debrief and hdp anyone ftywhom it raises Fer50n81 i&%u¢s. GRID is a breaklast ewdnt for Wèrs lnimd￿iThJ thern to vari￿S loThns ol abusg agai1￿1 VKffnen. The Is io ralse aWa￿e$S Ihal thks happens and slart a conver5thn in the tets￿n them aboul how they ¢an respor¥J. Schocls b gotng Inlo S(*￿1$ lo educate s￿dents al￿￿1 74Klence aga￿$1 women. This ryl tak¢ rn8ny fomis. both in the 5chooL8 aThJ n￿tiThJ w￿th girt5 ¥rt￿ Ihe SL*bxl has thnbfied as betry esppE471ty vUlnera￿e to abusive ￿lat￿)nSh￿& Rank grant 15 forthe p￿efit ofthe CEO salary.The CEO salary s covered for a perityj ofthree year5. Grant for thg F4Jrchasg of equIpTr￿nt Thts Is labkts c4Mneded lo the GRID bredklasts. Io use lor eyring wdeos in small grouF6. Literature involves sell1￿ br￿ address vtderKe aThl abuse agaSnst vthnen ar¥J girfs (VAWG} at its events. These we a￿lIab￿ pu￿thed t￿4)k$ from aults)rs with eyperience in this field. Genoral funds covers core cc6ts {admln, managenrt expenses, hosbro tsalnhgs and events. safeguarrfing. insurance. IT etc) aE¥J all othercosts not fijnded through restricted fvnd income. 14 Ana]ysls of n•t ass•ts bthv••n fvnds Unf¢$trf¢t•d fvnd5 2025 R•stdct•d funds 2025 Total 2025 At 28 F•bruary 2025: cu￿ent asselslllwbilitEs1 8.769 8.769 8.769 8.769 Unrostrfet•d R•strfcted fund5 funds 2024 2024 Total 2024 At 28 February 2024: CurT8nt assetslllthilill&sl 17.298 I8￿￿) 16,436 17.298 {8621 16.436 15 Relatgd party transactlons There We￿ ￿ dlsck)sabb rdat8d paty tsartsaclk¥ts dumg tha yèar12024- nonel. -14-