Another Way Rogl$tr4tlon nUM￿r. 1181438 Annual Report and Financial Statements 31 January 2025 dOdd&co Another Way Contsnts Reference and Adrninistrative Detai15 Trustees, ￿port Tru5tee5' responsibilities Independent examinerfs report Statement of financial activ￿&5 12 13 Balance sheet 14 Note5 to the finanual staternents 15 Another Way R•farenc• and Administrativ& Dgtails Charity name Another Way Charfty regl8trallon number 1181438 PTrln¢lpal office Greenrow Penruddod PENRITH CA11 OSA Reglstered offlce Greenrow Penruddo PENRITH CA11 OSA CWBray ERBray S Campbell (Appointed 22 Juty 20241 S Chandran IApptsint¢d 7 February 20241 C R Holman H Raidiff• R SeThelli (Appointed 7 February 20241 Bank•rn Lloyds Bank Villiers House 4849 Strand LONDON WC2N 5LL A¢¢ountsnl DothJ & Co LiMi￿d FIFTEEN Rosehill Montgomery Way Rosehill Estste CARLISLE CA12RW Page 1 f one person were to spread a message to ten people in one day and the next day those ten people each told ten more, it would only take ten days for the whole world to have been inspired. Bray ## **Annual Report** ## **Year ending 31 January 2025** Charity number: 1181438 Page 2 ## Letter from the founder This year has been a year of consolidation, building foundations for growth and starting to roll out our Power of 10 project across the country. Thanks to our generous donors, we have been able to launch the Power of 10 app and realise our vision of growing nationally, in line with our new 3 year strategy. Several projects in the making have launched this year, including a new brand and look throughout our websites and social media, our Power of 10 movement, Translating Science project, podcast, workshops and more. We summarise the year in our impact report on page 4, but for more details, please see our full impact report. We were delighted to grow our income yet again this year, enabling us to welcome new full time team members as well as bring our projects to life. The first year we ran our Big Green Give campaign, we were delighted with the response from our supporters who came together to run events, fundraisers and crowdfunding to raise over £40,000. New and exciting partnerships are enabling us to reach new audiences, and our model is now allowing us to expand into new regions throughout the UK. ## Looking forward We started 2024 with a huge bang! The Power of 10 festival was an inspiring event for 200 young people and it was amazing to see our Cumbrian community of young people rise up to take action. Next year, we will see festivals happen in regions across the country, as well as communities of young people nationally come together on the app. We will unite organisations across the environmental movement to engage young people in building skills to take climate action. In addition, our impact and engagement with young people is going to increase massively, running workshops and attending events nationally. We will be running campaigns to highlight the challenges young changemakers are facing, and advocate for better communication of climate issues and action in the curriculum. We will continue to build on our work engaging the public in the latest science and inspiring changes in hearts and mindsets. Our sights are set on growth and increased impact, now we have laid solid foundations. I am very grateful to our donors and the team who have made all this possible. I am excited to continue finding Another Way for society to live alongside nature together with you. ## With hope, Page 3 Summary of the Chair of the Board During the last year I have been delighted to see Another Way strengthen and deepen in many ways. It has been a pleasure to see Amy and her team both evolve and grow with new team members coming on board who are adding immeasurable value to the organisation. With experienced skills focused on school outreach, fundraising and digital marketing the charity has seen an underpinning and expansion of reach across those functions. An ambitious programme of work has been delivered over the past year with much focus on the Power of 10 movement and community. The Another Way Power of 10 team has added reems, digital of course, of content to the online hub enabling all the young changemakers to feel equipped and able to make changes in their own way. We are fully aware of the passion young people have for the environment and their futures, equally the challenges they face in taking action. Another Way is here to support and provide the space and resources for them to feel comfortable and safe in pursuing the life they want and deserve. Reinforcing the work the Another Way team is delivering are a host of volunteers who contribute to many of rogramme, Workshops, Digital Awareness Packs for Teachers and the newly launched Power of 10 Podcast for example. A huge amount of gratitude goes out to all volunteers who are helping the charity achieve its goals and aims. We have a significant number of funders, partners and advisors, a list too long to mention but they know exactly who they are. They are providing Amy with unprecedented input and endless valuable opportunities all of which are contributing to the development, growth and maturing of Another Way. This support and the dedicated team at Another Way are empowering young people across the country, and further afield, to encourage people towards care for others and protecting our precious planet. Finally, I would like to thank the board of trustees which has also expanded this year. This team is providing a level of knowledge and guidance to Amy that is absolutely reflected in both the furthering of the charity and the development of Amy herself. Amy is an astonishing leader who is inspiring many many people to follow her lead, a lead that is embedded in passion, compassion and kindness. I look forward to the year ahead with great anticipation of bigger, better and bolder things coming from Another Way. Helen Ratcliffe Chair of the Board Page 4 The charity is a Charitable Incorporated Organisation whose governing document is a CIO foundation. The purpose of the charity is education for the conservation and protection of the physical and natural environment. The trustees are aware of and follow the charity commission guidance on public benefit. Trustees are appointed by existing trustees according to an agreed plan of the skills required on the trustee board. Trustees of Another Way (at 31.01.2025) Chris Bray Treasurer Emma Bray Sara Chadran Ceri Holman Ros Serelli Seth Campbell Free reserves at year end are £131,720 (2024 £29,900), of which £15,000 is restricted and £116,720 is unrestricted (2024 all unrestricted). Page 5 ## Income and expenses Summary charts Income and expenses in the year to 31.01.25 **----- Start of picture text -----**
Income Source GBP
Grants and foundations 219,492
Fundraising events 44,211
Individual donations 6,096
Services 3,002
Membership 620
**----- End of picture text -----**
Page 6 Notes ## 1. Income We are delighted to have almost doubled our income this year, in line with our growth trajectory. We extend our gratitude to all our supporters this year, including our trusts and foundation partners, members and corporate supporters. This was the first year we took part in the Big Give Green Match Fund, and we were thrilled with the response, raising a total of £44,000 through over 210 donations. Page 7 ## 2. Core Salaries Our paid staff increased to 6 this year, including the CEO, the Power of 10 project manager, our Youth Engagement Lead, Fundraising Officer, Science Communication Officer and Digital Marketing Lead. 3. App development costs We are really enjoying working closely with Etch and Zap (https://www.etchuk.com/) on the continued development of the Power of 10 web app. The team is closely aligned to our mission and our work is collaborative and inspiring. In this year we had a continued development phase, working on an agile software development basis. See https://www.another-way.org.uk/power-of-10 for more details about the app. 4. Power of 10 project Remaining our largest project, a large proportion of expenditure was on delivering workshops to 3,500 young people, supporting 500 young people to take planet-positive action through the app, developing our podcast and running our Regional Rep programme. 5. Marketing costs This balance represents the upkeep of our website, social media adverts, our media agency costs and event travel. 6. Social media This includes a social media freelancer as well as paid ad costs, and has resulted in a significant increase in our reach this year. ## 7. Events This year we held some impactful events, including our Power of 10 festival, Science Storytelling for Change and a Tree Health Survey, as well as attending New York Climate Week for the first time to forge important collaborations. ## 8. Research In collaboration with Bath University, we are researching the perceptions of young people on common climate myths and narratives. 9. IT and admin This balance includes the hosting and maintenance of the app, as well as the re-development of the main Another Way website. Page 8 ## 10. Bank balance financial commitments (salaries etc.). This year we have succeeded in reaching this goal and maintaining it over the upcoming financial year. 11. Our accounts This year our accounts have been booked by our Treasurer, and reviewed by Dodd & Co accountants. Page 9 Another Way Trnstees. Rèport for the Year Ended 31 January 2025 Apwoved by the Trustèes on 7 AF¥tI 202S and 51gned on thejr behall ty H R8lcliffe TnBtee Page 10 Another Way Trustsas. Rasponsibilitias in ralation to thè Flnancial Statsmgnts The trustees are responsible for preparing the Tnjstees. Report and Ihe finanaal statements in accordance wth applicable law and Unrted ￿'r￿jdoM Accounting Standards. The law applicab￿ lo charrties In England and Wa￿$ requiw Ihe trustees to p￿pa￿ finanrial statements for eath rinan¢ial year which give a Irue and fair of the stste of affairs of the tharity and of the incoming ￿$ou￿$ and pplication of resources ol the charrty for that ￿ri0￿. In preparing these finanual ststements. the trustees a￿ reqUI￿d Se￿¢t suitsble attountin9 politses and then apply them con&stenlly". observe the methods and prinryp￿s in the Chanbes SORP. make judgements and estimatesthat are reasonab￿ and prudent". stste whether applicable aw)unting standards have been followed. sutyect to any material dep)rtu￿$ disdosed and explained in the finana81 $taternents.' antj p￿part the financial statements on the going COn￿M basis rt is inappropnate to presutre that the chanty will Continue in business. Th¢ tru8le85 are responsible for keeping proper accounlir¥J reojrds that disdose wth reasonable accuracy at any time the fin8noal position of the charity and enab￿ them to ensure that the fiThan￿al 51atement5 comply wrth the Ch8rrties Act 2011 85 arnended by the Charrties Act 2022. the Charity (Accounts and Reports) Regulations and the provisions of the trust deed. They are responsible lor saleguarding the assets of the chanty and hence for taking reasonable steps for the prevention and detection ol fraud and other ittegularrties. Page11 Independent Examinerfs Report to the Trustees of Another Way I report on the accounts olthe charrty forthe year ended 31 January 2025, ￿l¢kn are set out on pages 13 to 21. Your attention is to drawn to the fact th81 Ihe Charity has prepared the fiThanaal statements in accordanr* wrth Accounting and Reporting by Charities prepanng their arLounts in acurdance with the Finanaal Reporting Stand8rd applicable In the UK and Republic of Ireland IFRS 1021 in Preferen￿ to the AcLyJuntsng and Reporting by Charities". Statement of Recornmended Practice issued on 1 April 2005 which is referrEd to in Ihe extant ￿gUlationS but ha5 51nce been ￿th￿ra￿. We understand that this has been done in order for Ihe ￿)Unts to prov*le a true and fair view in accL)rdan¢% wth the Generally Accepted Accountin9 Prac11￿ effectwe for ￿porting periods beginning on or after 1 January 2019. R88pectiv8 re8pon8ibilitie8 of trustees and exarniner The Charity's Iruslees are ￿sponsible for the preparation ol the aecounts. The trustees consider that an audrt is not require(I lor this year under section 144121 of the Chant*s Act 2011 as amen¢Jed by the Chant*s Act 2022 Ithe Act) and that an independentexamination is needed. The charity's gross incorne exr£eded £250.CKIO and l am qualified to undertab Ih? examination by being a qualified member of the Institute of Chartered Accountants in England and Wales. It is my ￿SponSIbl11ty to.. examine the account8 unthr section 145 olthe Ad., follow the procedures laid down in ts General Dire(*'ons given by Ihe Charity Commission under section 145151 Ibl ol the Act., and state whether particular mattèrs hav• comè to my attèntr)n. Ba811 of Independent examlnerfa report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination Indudes a review of the accounting record5 kepl by the chanly and a cornpari50n of the account5 presented ith those records. It also indudes consideration of any unusual items or disdosures in the acD)unls, and seeking explanations frorn you as trustees concerning any Such rnatte￿. The procedure5 undertaken do not provide all the •videnee thai woukj bè required In an audrt and consequently no opinion Is given as to whether thè aets)unls prts•nt 'true and lair View and the report is limrted to those matters set oul In the statement below. Ind•pondènt oxamlnorf# •tatemont In eannadion wrth my axarnination, no matter has comè to my att•ntson". 111 which gives me reasonable cause to believe that in any material respect the wuirements.. to keep accounting rècords in aeeordant• vmh soetion 130 of lh• Charitk*8 Aet 2011 as am•nd•d by the Charities Act 2022, and to prepare a¢counls which acovd vAlh the aC￿v￿ting rec¥Jrds. o)mply wth the aco)unting qU1￿men¢$ of the Act have not been rnèt," or 121 lo which, in my opinion. attention should be dravm in order lo enat)le a proper understandirg of the accounts to be reathed. FI￿EEN Rosehill Montgomery Way Rosehill Estate CARLISLE CA12RW Martin B0rradal￿ ACA Dodd & Co Lirnrted Chartered Accountants 7 April 2025 Page 12 Another Way Statsmant of Financial Activities for the Year Ended 31 January 2025 Total Fund8 2024 Unre$tsl¢ted Re$trf¢ted Totsl Funds Funds Fund$ 2025 as restat8d Income and endowments frorn- Donations and legacies charrtab￿ activities Total Income 225.854 8.288 234.142 39,281 265.135 8,288 273.423 68,626 74,840 143,466 39.281 Expendlture on.. charitab￿ activities Fundraising expenditure Total expenditure 100.440 15.587 116.027 24.281 124.721 15.587 140.308 24.281 Net movements In funds 118,115 15,000 133.115 76,778 ReconcSllatlon of fund¥ Total lunds brought forward Total lunds carried forward 83.525 201.640 83.525 216.640 6,747 83,525 15.000 The note5 on pages 15 to 21 forrn an integral part of these finanLyal staternents. Page 13 Aiivuwr W•y B*l•n¢• Sh••t *• •131 January 2025 2025 Z024 No• Flx•d iv•ts Intangible 3sv•l4 Cufftnt a¥¥•ts thblor¥ Cash 81 ￿fik ar￿ 10 40.C 147.2 187.2C4 40.OJ) Cv•ditorn.' Amounts l*lling du•f*thln on• 141.4881 134.375 N•t curr•nt u••ty 14S.720 35.525 216,640 83.52$ Th• lynd• ol th• ¢h•ty. R￿trIcted lund• 1S.OCKI Vnro•trl•t•d fvnd• Vnre$tricled Incoré fv¢* 201.610 83.525 Tvt•l ¢h•rity fvnd• Th• fin*nr.i)Il slatArr•nts ha¥e kw•p¥gd ￿ xctyd•rKe wrth th• Fii*o•l Repryt￿ appkabkn In tp UK and Republ￿ ol Irel#rbJ IFRS 1021 216.B40 83,525 Apyo¥•J by th8 Bo•rd on 7 2025 behaff O Smrth Tnjstee notes on p&Jes 1510 zi ionn 4n &¢altyw) P•Je 14 Another Way Notes to the Financial Statsments for thg Year Endod 31 January 2025 Accounting policies statement of compliance The account5 lfinanoal statements) have been prepare£l underthe histori(*l cost eonvention with rtems recognised at cost or transaction value unless othe￿ise stated In the rekvant notelsl 10 these accounts. The financial statements have been p￿pared in accordanee wrth the second edilion of the Charities Statement of Recommended Practice issue(1 In October 2019. the Finanoal ReKX)rting Standard applicable in the Llnrted Kingdom and Republic of Ireland IFRS 1021 and the Charities Ad 2011 as amended by the Charities Act 2022. The accounts (financial stalementsl have been prepared to gwe a 'tnte and f81¢ v￿W and have departed from the Charities IAccounts and Reportsl Regulations 2008 only to Ihe extent required to provide a'true and fair view,. This departure has involved following Ac￿UntIng and Reporting by Chartties preparing their accounts in 8ccordanc8 with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 rdther than the Arxounting and Reporting by Choritie¥".Stalement of Recommended Pra¢#1￿ effe￿1ve from 1 April 2005 which has since been wIthdra￿Tr. 8a818 of preparatlon The tharrty rneels the definrtlgn of a Publ￿ benefft entity under FRS 102. Asset¥ and liabilities are inrtially recogni58d at historical ￿81 or tran¥adion value othe￿8¢ stated in the re￿vant a￿OUntIng policy notgs. Golng ¢on¢em Theje financial $talernenls have been prepared on a 90ir¥J concern baws. Fund a¢countln9 poIIcy Unrestricted income funds are general fvnds that are available for use at the tru8tee8' discretion in further8nr* ol the objectives of the charity. R•$tricted lunds arn those donalad for usé in a part￿Jj￿r aréa or fof spec4fie puwjses, th• ol whieh 18 restricted to that area or purpose. Change In acCoUn￿ng pollcy The account5 have previously b••n pfapar•d on a r•c*ipts and payff*nts basig and havt d)8ngad in this parie￿ to aecrual accounting basi8. The change In accounting policy has reojlted in a prior period restatement for the charity. The rtserves In the pnor period have infftased by £47,125 to £83.525 due lo the Inclusion ol crtdrtors. adjustments for loans made to and from the chariiy In prior periods. and capilalising app development costs. Ineome and endowments Donations a￿ ￿COgnised where there is entrtlement. ￿rtairtty ol receipt and the amount can be measured wrth sufficient reliability. Incorne from Govemmenl and olher grants. whether 'caprtal' grants or 'revenue' gr)nts. is recognised when the charity has entitlement to the funds. any perfornian￿ rxjndits'ons attached to the grants have been met. il is probable thal the in¢ome will be re￿ived and the amount can be n￿as￿red reliably and is not deferred. Income from chantabk aCthvrt￿$ indudes income recognised as eamed las the related goods or servi￿$ a provided) under contract. Page 15 Another Way Notes to the Financial Statsments for thg Year Endod 31 January 2025 ntinued Expenditure abilities are ￿cOgnised as soon as the￿ is a legal or ￿)nstr￿￿'Ve ¢*Jligats'on commrtts'ng the Charity to the expenditure. All expenditure is ac￿￿nted lor on an acrxuals basis and has been dassifia under headings that aggregate all costs related to Ihe G8tegory. Chantable expen¢Jiture comprises those costs in(JJrred by the chanty in the delivery of rts activit*s and seNtts for its beneficiar￿$. It includes both costs that can be allocated direcdy to such activrties and those costs of an Indi￿¢t nature necessary to support them. Support C08ts Support costs Indude ￿ntral funclions aNJ have been allocaled lo aclivity &)st categories on a basis consistent wrth the use of resources. lor example. alocating prcyerty o)sts by floor a￿8$. or per capita. staff costs by the time spent and other costs by their usage. Amortl8•tlon Amortisation 1$ provKled on Intangible fixed assels so as to oll the cost, less any estimated residual value, over their expected useful economK life as follows Dèvelopfflenl eosts 10 yèats straffjhl lintr basis ¢a8h and Cash Equlval¢nts Cash and cash equivalents compiise cash on hand call deposrts. and other short-term highly liquid investrrents that are ￿adIlY convertibk to a known amount of Cash and are subject to an insignificant risk of change in value. R•8oarch and do￿l0￿￿onI ex￿ndI￿r* Development expenditu￿ in¢uffed on an Individual project Is ¢arr*d forward when its future ￿coVer8b11itY can asonably be regarded as assured. Any expenditure carned fornard Is amortised in line wrth the expected futu sales from the related proje¢i Pon•lon• The chanty operates a defined contnbution pension scheme. conlnbub.ons a￿ charged in the statement ol finanoal activrties as they become payable in ac0)rdar￿e wth the rules ol the scheme. Donatlonl and legaclo• Unre8lrfcied Re8lrfcted Total Funds Total Fund8 Funds Fund8 2026 2024 Donations and l•gaci•s Appeals and donations 148.191 148.191 $6,194 Grants Grants ￿￿1Vable 87.663 29.281 116.944 12,432 225.854 39.281 265.135 88,628 01 the donations and legaaes income in 2024 £59,204 related to unresincied funds aThJ £9.422 rtlated to restricted funds. Page 16 Another Way Notes to the Financial Statsments for thg Year Endod 31 January 2025 ntinued Charltable a¢￿VI￿e$ ￿￿￿$trIcted Regtslcted Totsl Fundg Total Funtls Funds Fund8 2025 2024 Charitable activities Fundraising Other income 73,122 1,718 74,840 3.622 8.288 3,622 8,288 All of the in￿rne from tharilabk acts'vrties in 2024 relat¢d lo unrestnthd fvnds. Total relources expended Charitsble Fundrnl8lng Totsl 2026 Totsl 2024 •• r88ts1gd Dlrect colts Fundraising eosts Purchases Wag85 and salane5 Staff NIC (Employers) Staff pensions Subeontracl cost Employee expens•s Volunteer expense$ Computer soliware and maintenance c08ts 3,393 3,393 5.089 83.614 909 1,469 15.504 3,418 413 19.346 133.155 23 9,840 24,809 5.089 71.678 853 1.267 15.$04 3.418 413 19.346 117.568 11.936 56 202 393 21,7 322 522 2,302 60,001 15.587 Support costs Insuranee Printing. postage and stationery Trade subscriptions Sundry expenses Advertising Accountancy lees Independent exarnirerfs fee Legal and professional lees Bank charges 157 72 157 72 309 97 3.118 1,903 500 940 57 7.153 157 161 97 3.118 I.￿3 5,109 760 500 57 7.153 6,687 124.721 15.S87 140.308 01 the expenditure in 2024 £94.929 related to unrestricted (unds and £18.499 ￿lated to ￿$Incted funds. Page 17 Another Way Notes to the Financial Statsments for thg Year Endod 31 January 2025 ntinued Governance ¢08ts 2026 2024 as r85tatsd Accountancy fees Independent examinerfs fee Legal and professional lees 903 500 940 2.343 760 500 940 2.200 Tru•te¢•' r•munerotlon and •xpen￿• No trustees r￿1Ved any rernuTreral￿n in the year12024- £nil). No trustees We￿ paid arby expenses in the year12024- £nill. Employ•••' rnmun•rdilon The monthly average nUM￿r ol ￿[sOn¥ linduding senior man•gern?nll ernployed by th? th•rrty during thg year was as follows. 202S 2024 Charitsble aclivities The a99￿gete payroll costs ol Ihese persons were as fr41m'. 2025 2024 Wages and salaries Social security Other pension costs 83,614 909 1.469 85.992 24,809 393 25,202 No employee receNed emolumentsol MO￿ than £60.(￿ duriThJ the year. Taxatoon The registered charty 1$ exempt from tax8ti¢)n on ineome and gains. Page 18 Another Way Notes to the Financial Statsments for thg Year Endod 31 January 2025 ntinued Intsnglble flxed asset• Development costs as restated Cost As at 1 February 2024 Additions As at 31 January 2025 48,000 22,920 70,920 Nel book valu? A$ at 31 January 2025 As at 31 January 2024 70,920 48,1)00 10 O•blorn 2025 2024 • rn$t81od Othor dèbtors 40,000 40,000 11 Cr•dbttsrn- Amounts falllng du• wbthln on• y•ar 2026 2024 •$ restofed Trade creditors Taxation and sooal swjnty Other Creditors Actruals and deferred inc 3.292 2.179 34,017 2,000 41,488 65 33,530 780 34,375 12 P•n•ion •ehfrm• Defined contribution pension scheme The chanty operates a defined contnbutKJn pension scheme. The pension cost charge for the period rep￿Sents CL)ntributions payable by the charrty to the scheme and amounied to £1.46912024- £3931. Contributions totalling £51712024- £301 ￿tre payab￿ to the Scheme at the end ol the Feriod and are induded in creditors. Page 19