Registered Company Number: 11587837 Registered Charity Number: 1182557
TeenTech Charity
(Registered charity and Charitable company Limited by Guarantee)
Trustee report and unaudited Financial Statements
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025
| CONTENTS | |
|---|---|
| Legal and administrative details | 3 |
| Report of the Trustees | 6 to 17 |
| Independent Examiner's Report | 18 |
| Statement of Financial Activities | 19 |
| Balance Sheet | 20 |
| Notes to the Financial Statements | 21 to 27 |
2
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025
| Governing document: | The charity is controlled by its governing document, the |
|---|---|
| memorandum and articles, and constitutes a company limited | |
| by guarantee, as defined by the Companies Act 2006. | |
| Trustees including any office held | Ms K Bevan |
| and dates acted if not for whole | Ms D Burnside |
| year: | Mr J Constable |
| Ms S Cooper | |
| Ms E Kassim-Lakha | |
| Mr C Lynch | |
| Mr A Moore | |
| Ms M E Philbin (CEO) | |
| Mr D Thomson | |
| Mr B Walker | |
| Mr A Wilson (Chair) | |
| Secretary: | Ms M Philbin |
| Registered Office: | Crown House |
| 27 Old Gloucester Street | |
| London | |
| WC1N 3AX | |
| Registered Company number: | 11587837 |
| Registered Charity Number: | 1182557 |
| Independent Examiner: | Arvind Joshi FCA,CTA, DChA |
| Levy + Partners Limited | |
| Chartered Accountants | |
| 7-8 Ritz Parade | |
| Western Avenue | |
| London W5 3RA |
3
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025
The directors of the charitable company (“the charity”) are its Trustees for the purpose of charity law and throughout this report are collectively referred to as its Trustees. The Trustees present their report together with the financial statements for the year ended 30 September 2025. The financial statements comply with the Charities Act 2011, the Statement of Recommended Practice for Charities (SORP 2015) (Second Edition, effective 1 January 2019) and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
STRUCTURE, GOVERNANCE AND MANAGEMENT
TeenTech Charity is a registered charity constituted as a company limited by guarantee, registered with the Charities Commission in March 2019 and governed by its Memorandum and Articles of Association. The charity has no share capital and in the event of liquidation or being wound up the liability of its Trustees is limited to £1.
The charity owns a non-profit trading subsidiary company limited by guarantee ‘TeenTech CIC’ (company number 07764930). The subsidiary was previously the operational organisation from 2011 until 30[th] April 2021, when the assets and operations were moved across to TeenTech Charity and TeenTech CIC became the trading subsidiary of TeenTech Charity. The subsidiary gifts all profits to the Charity.
On registration of the charity, the trustees agreed that Maggie Philbin, a fellow trustee, should be appointed as Chief Executive Officer (CEO) of the Company, and should receive remuneration for her employment in this capacity, as expressly permitted by Article 7(2)(a) of the Company’s Articles of Association (the ‘Articles’).
As reflected in the contract of employment, the CEO’s role is to act as ambassador for TeenTech, providing the public face of the organisation, including leading programmes and hosting all significant events as well as building relationships with sponsors and other supporting organisations, schools, delivery partners and potential funders. Working closely with the trustees, she develops TeenTech’s long-term strategy, budget and business plan and ensures it complies with all relevant laws and regulations.
The trustees continue to believe the role of Margaret Philbin as CEO as well as trustee, is in the best interests of the charity because she brings a unique set of insights, skills and experience, industry knowledge and contacts. Details of any other transactions with related parties during the reporting period are included in the notes to the financial statements.
OBJECTIVES AND ACTIVITIES
The TeenTech Charity runs award-winning initiatives across the UK to help young people understand opportunities in a fast-changing world and their potential to enjoy and shine in those areas. We are inclusive of those whose life choices may be limited, whether through gender, ethnicity, social background, being differently abled, having special needs; helping them to understand the opportunities open to them in modern industry, particularly in science, technology and engineering. We constantly update how we work to keep pace with the changing needs of the modern workplace and the transformative nature of technology on people and jobs.
4
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025
Our overarching objective is to help young people aged 8-19 understand their potential through a series of engaging, age-appropriate interventions, both through events and ongoing programmes, that surface invisible and fast changing roles. We recognise that major influencers on young people are their parents, teachers and peers and our programmes are designed to include and build networks in the community. We also recognise from our own research and that of others that young people increasingly gain understanding of the world via social media and they cite this as a major influencer in career decision making.
We hold large-scale regional interactive events, ‘TeenTech Festivals’ which provide pathways into our national ‘TeenTech Awards’, TeenTech Insight and Innovation Days Days and ‘TeenTech Build Your Future’ programmes where young people are provided with year-round opportunities to work alongside industry mentors. We provide a framework of activity and a network of useful contacts and opportunities helping develop ‘STEM capital’. We also provide young people with a voice through our TeenTethics workshops as we believe they are often considered but not always actively part of the decision-making process.
We have a highly experienced industry board of trustees and a dedicated team led by co-founder and technology reporter Maggie Philbin OBE.
We have a Young Person’s Advisory board who provide valuable insight and help set the direction and delivery mechanisms for our work.
Public benefit
The summary of the objects of the charity as set out in its governing document is:
“The advancement of education for the public benefit by the promotion of the study of science, technology, engineering and mathematics amongst young people and the furtherance of any other charitable activities for the advancement of education as the directors think fit.”
In furtherance of TeenTech Charity’s aims, the Charity Trustees have complied with the duty in s.17 of the Charities Act 2011 to have due regard to the Charity Commission’s published general and relevant sub-sector guidance concerning the operation of the Public Benefit requirement under the act. The provision of our initiatives to young people thus provides a clear benefit to the public.
Our stakeholders are young people, teachers, parents, companies offering opportunities in science, technology and engineering, FE Colleges, Universities and we consult with all groups on an on-going basis.
Schools, regional councils and the local community enthusiastically receive our events and programmes. By working in partnership, we draw upon the knowledge and meet the needs of specific communities. We work diligently with the very best in the field to ensure a high standard of content and we collect and act upon feedback.
We measure impact and know our initiatives are particularly powerful in encouraging students who identify as female and students from disadvantaged backgrounds to consider careers in technology, engineering, construction and the applied sciences.
We provide these students and schools with a framework of activity and a network of useful contacts and opportunities helping them develop ‘STEM capital’.
5
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025
Notes on operations during year ended 30[th] September 2025
TeenTech’s events and programs were highly successful this year, with the charity raising funds through event fees, corporate contributions, and some public donations.
The trading subsidiary, TeenTech CIC is used to raise corporate sponsorship, with the proceeds being gift-aided up to the Charity.
ACHIEVEMENTS AND PERFORMANCE 2024/25
Over this academic year TeenTech has worked directly with over 14,000 young people across the UK (including students with SEN and attending PRUs), through a comprehensive series of virtual and in person events and programmes. We estimate our indirect reach through teaching resources provided to schools, our website and social media activity to be over 75,000. We work with 30 universities and over 300 different employers globally and have worked with 1500 volunteers.
TeenTech Charity delivered the following programmes during the year:
-
TeenTech Awards programme
-
Regional Festivals (hybrid virtual session followed by in person event day)
-
TeenTech Innovation Sessions both held on company sites and as virtual workshops.
In addition to its structured programmes, TeenTech plays an active role in promoting STEM education through a wide range of initiatives. The organisation builds strong connections with students, educators, mentors, and businesses alike.
CEO Maggie Philbin is frequently invited to speak at major conferences, award ceremonies, media panels, and in industry publications. Whenever possible, students are also encouraged to take the stage at these events, sharing their TeenTech experiences and engaging directly with industry leaders. These interactions not only boost students’ confidence and visibility but also open doors for companies and professionals to connect with TeenTech whether through corporate partnerships, sponsorships, or volunteering opportunities.
6
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025
In November 2024 the Global Innovation Forum invited our CEO and TeenTech students to present at their international conference in London. This is a valuable opportunity for the students and our Charity but also for an international audience to understand what really works in student engagement. The students who presented were Ali from Leicester - now studying medicine at UCL and two young students from Canary Wharf who participated in our TeenTethics project.
In June 2025 TeenTech students were asked by Policy Connect to present the findings of the TeenTethics Report at the House of Lords. Many people said their contribution was one of the most insightful and valuable part of the day.
7
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025
Our CEO is always busy sharing inspiration at events and over the past year weeks has chaired major events including AMDEA (taking a look at sustainability, inclusivity and tech in home appliances), Women Leaders in Electronics Awards and Brain 2050 where she joined Mihaela van der Schaar, Cambridge University’s Professor of Machine Learning, AI, and Medicine, the futurist Stefan Hyttfors and Matthew Syed to discuss how to thrive in an age of rapid change.
In the July/August 2025 issue of IQ Magazine UK, our CEO Maggie Philbin reflects on her journey from television presenter to champion of digital skills and inclusion. She emphasises the importance of handson, real-world tech experiences in school and how industry-education partnerships can bridge the skills gap. Maggie also shares her thoughts on how the rapid pace of digital change demands adaptability, collaboration between sectors, and a renewed focus on lifelong learning.
The charity has enjoyed a longstanding partnership with CompTIA , now known as the GTIA Global Technology Industry Association, spanning several years. TeenTech has been invited to present at their EMEA Member and Partner Conference where the audience has warmly appreciated the teenagers’ contribution. Below is a snapshot of the enthusiastic response TeenTech students received at the CompTIA EMEA.
8
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025
This year, TeenTech was honoured to receive a generous donation following a vote by GTIA members. The funds will be used to further TeenTech’s mission to inspire young people to explore and pursue careers in science, technology, engineering, and the creative industries.
The industry experts, the tech celebrities and the young teenagers we work with are all grappling with the same questions, trying to understand both the opportunities and the consequences of technology which promises so much yet needs us to do all we can to ensure it really does make life better for everyone.
1. TeenTech Awards programme
TeenTech Awards are a year-round programme where students develop their own projects to ‘make life better, simpler, safer or more fun’ using science, technology and digital skills. Schools are provided with industry mentors and access to comprehensive resources and virtual ‘live’ innovation sessions with experts from all over the world. All submitted projects receive written feedback and a grading of Contender, Bronze, Silver or Gold.
The final showcase of projects and judging took place at the IET, Savoy Place on 27[th] June 2025. On this stunningly beautiful day in London, 148 students travelled from all over the UK to showcase projects consistently described by both judges and visitors as ‘mind blowing’. Industry experts had chosen the finalists from over 1500 projects developed by young people to make life ‘better, simpler, safer or more fun’ Over 75 judges were involved in selecting projects for the showcase and providing feedback which culminated it the Awards ceremony and presentation of awards.
All the finalists are ‘winners’, they take back valuable contacts, new friends and have the benefit of so much practical experience in producing an innovative product. Well done to all the finalists, you are the innovators of the future.
9
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025
The TeenTech Awards have a consistently strong record for diversity. A broad cross-section of schools participate some from the most disadvantaged areas of the UK.
14,000 students joined TeenTech Festivals, Innovation Hacks and Masterclasses which lead the students into the Award programme and provide inspiration for topics. These sessions are run both in person and virtually.
290 Schools registered to participate and were sent the full TeenTech teacher resources. 1458 students worked on projects (848 identified as female, 604 as male, 6 as non-binary and 0 as other)
72 teams comprising of 148 students were invited to the final. (93 identified as female, 54 as male and 1 preferred not to say
Schools and individual students remain powerfully engaged with the TeenTech Award programme over many years. The students say they find the whole process rewarding, whether or not they reach the final.
10
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025
Student Comments
“The TeenTech experience has taught me that engineering covers a much broader spectrum of areas than I had realised before…brilliant and inspirational and so much fun!”
“TeenTech has given me the opportunity to think differently and creatively to solve the problems we face today with science and technology”
“I have gained so much confidence and experience. I collaborated with people at the top of their fields. This enabled me to narrow down the career I would like to pursue in the future.”
2. Regional Festivals
TeenTech Festivals are highly interactive and designed to inspire young teenagers and their teachers about the contemporary industries shaping their future. The Festivals are hybrid with an advance virtual session and the main in person event, which combines the benefits of both delivery formats.
These TeenTech events give students and teachers from across a region the opportunity to try their hand at immersive challenges and experiments, to handle cutting edge technology and, most importantly, to spend time with engineers, technologists and scientists from a wide range of companies influencing their 21st-century lives.
TeenTech Festivals are a powerful intervention before students make GCSE subject choices, dispelling gender stereotypes and shifting perceptions of careers teenagers may have considered “difficult”, “geeky” or “boring”.
11
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025
TeenTech Festivals bring together 30 schools and 40 employers in a region for both virtual and in person days where students take part in a structured, highly immersive series of challenges and experiments alongside industry experts. We have different age streams at festivals, 8-13, 14-19. This is often the starting point for schools and colleges with approximately 65% then developing projects for the TeenTech Awards.
In each region, we delivered live virtual sessions featuring volunteers from:
-
national employers including Amazon Web Services, Arup, Atkins Réalis, Gatwick Airport, NHS and Amazon
-
local employers are encouraged to support the events in various ways, both virtual and in person.
-
academics contribute from leading universities including Roehampton, Cardiff, De Montfort, Manchester Metropolitan and Central Lancashire.
The core of each programme was our TeenTech innovation sessions which enable students to meet leading experts in a wide range of industries. The experts set optional challenges which students are then encouraged to develop for our TeenTech Award programme. TeenTech Innovation sessions bring the digital, scientific and engineering world to life for students aged 11-19. Through these sessions, students understood more about the emerging opportunities, different entry points, the technical and personal skills which will carry them further within a specific sector. Sessions covered topics including Game Design, Space, Cybersecurity, Health, Animation and Future Technology.
12
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025
| REGION | DATE | VENUE DETAILS |
|---|---|---|
| TEENTECH SUSSEX | 13THNOVEMBER | AMEX STADIUM, BRIGHTON |
| TEENTECH WALES | 5THDECEMBER | ALL NATIONS CENTRE, CARDIFF |
| MTI INNOVATION DAY | 27THFEBRUARY | MIRA TECHNOLOGY INSTITUTE, NUNEATON |
| DE MONTFORT UNIVERSITY | 11THMARCH | DMU, LEICESTER |
| TEENTECH LONDON | 24thAPRIL | ROEHAMPTON UNIVERSITY |
| TEENTECH LANCASHIRE | 20THJUNE | UNIVERSITY LANCASHIRE EDGE HILL |
We use voting buttons at all our events to measure impact on the day. This helps us understand how we have started to change perceptions of sectors students may not have previously considered. These stats are taken from across all our 2024/25 Festivals.
How interested are you in a career in Design, Technology or Engineering
The number of students answering very or fairly shifted from 55% on arrival to 86% at the end of the day
How capable do you feel of having a career in those areas?
The number of students answering very or fairly shifted from 61% on arrival to 80% at the end of the day.
We are proud of the consistent quality of our programmes and events with 99.9% teachers and 100% companies who participated in our programmes in 2024/5 saying they would ‘definitely’ do so again.
3. TeenTech Innovation Sessions
Our live virtual programmes receive high praise from students, teachers and parents. Covering a broad range of topics from sustainability to sound engineering, artificial intelligence to digital marketing, the future of healthcare to the future of food, the interactive shows connect schools to exciting areas of science and technology and highlight emerging careers together with the technical skills and personal qualities needed.
TeenTech Innovation Hacks - We’re thrilled to have worked with Amazon Web Services on a number of in person events based at NHS hospitals, “Innovation Hacks”. AWS is a leader in healthcare innovation. They have created some hugely exciting and groundbreaking projects using data analytics and AI to process huge amounts of data enabling them to improve outcomes in a range of clinical settings such as testing and creating digital patient records.
The Innovation Hacks are designed in inspire and enable students to come up with new ideas for the NHS (and TeenTech Awards) by taking part in tech demo’s run by AWS and the NHS who will showcase cutting-edge ideas alongside experts on the day.
13
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025
Over the past 18 years we have developed a coherent set of programmes which provide ‘stepping stones’ for students, particularly those who may not thrive in formal learning or have become disengaged or disheartened. We do not believe in ‘one off experiences.
A teacher may attend a Festival or an Innovation Day on an NHS site with a small group of students, then encourage a whole class to develop projects in our TeenTech Award scheme accessing support from a TeenTech mentor and then embed our resources in her teaching for other year groups. Students have access to a variety of programmes which help them develop personal and technical skills and those who prefer self-directed learning can access interactive online masterclasses on a wide range of subjects from AI to Aeronautics, Animation to Game Design.
PLANS FOR 2025/26
TeenTech Awards - The National TeenTech Awards, continue to be amazingly successful and the awards ceremony will be held at the IET in London on Friday June 26[th] 2026. They present a wonderful and powerful opportunity to develop your potential and showcase qualities which are appreciated by both employers and further education. The best projects go forward to the TeenTech Awards Final for judging.
TeenTech Regional Festivals - We will have a full schedule of five Regional Festivals with events across the country including a new Regional Festival in collaboration with Manchester Metropolitan University in June 2026.
-
Sussex Festival – November 2025
-
MTI Festival – February 2026
-
Roehampton Festival – April 2026
-
MMU Festival – June 2026
-
Lancashire Festival – June 2026
TeenTech Innovation and Insight Day – based at Roehampton University November 2025, schools are invited to bring a mixed-ability group of 8 students to a free full-day event at the University of Roehampton. Students will take part in hands-on activities with university departments and leading STEAM companies, while developing ideas from the virtual session for the TeenTech Awards. They’ll also meet employers who will give feedback and share career pathways.
TeenTech Amazon Regional Creatives Fund Grant - We’re excited to be working with Amazon on a series of virtual and live in-person events. The funding will enable us to expand our programmes for young people underrepresented in the creative and tech industries. Our eight-month programme for 20 schools in Manchester and London, with inperson and virtual events, will provide schools with a valuable network for students and equipping them with new skills and insight for the future.
FINANCIAL REVIEW 2024/25
Operationally and financially, the year has been highly successful. The Charity has strengthened its strategy by closely aligning expenditure with new sources of income as they become available. We
14
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025
have deliberately reduced the number of in-person events with high venue costs to ensure that only financially viable activities are repeated. Additionally, we have established relationships with new sponsorship and grant partners.
The charity’s Statement of Financial Activities shows a total balance of £12,448 (2024: £1,333), reflecting improvement since Covid, which the Charity aims to sustain.
Total income was £263,443 (2024: £248,646), with £166,993 from donations and grants, including sponsorships from Atkins, AWS, Haleon, Sopra Steria via TeenTech CIC, and a donation from GTIA. Income for charitable activities totalled £96,450 (2024: £35,332), received from organisations such as the University of Cardiff and Lancashire Digital Skills Partnership.
Expenditure of £250,580 (2024: £247,710) covered event and program costs.
The balance sheet shows a cash balance has increased on last year £46,360 (2024 £25,368), deferred income is at similar levels to last year of £30,750 (2024 £27,204) which relates to events and programmes to be carried out within in 2025/26 financial year, trade creditors £1,400 (2024 £3,101), trade debtors £1,250 (2024 Nil), and prepayments £8,454 (2024 £8,285).
The Board supports the ongoing development of high-quality activities benefiting students across the UK. This is facilitated by collaboration with the CEO to create strategies aimed at identifying additional funding sources, especially for the medium and long term.
Key financial risks are monitored monthly by the Trustees through comparison of actual results with budgets, as well as review of cashflow forecasts and bank balances. Based on these assessments and consideration of contractual obligations, it is their view that the Charity remains a going concern.
RESERVES POLICY
The Trustees are committed to ensuring that all funds raised by the Charity are applied directly to the principal aims and activities in support of its charitable objectives. In accordance with the guidance provided by the Charity Commission, the Trustees have conducted a thorough review of the Charity’s requirements for reserves.
This financial year shows continued stability within the operational team and finances for the Charity. Looking ahead, the Charity plans to maintain its increased reserves levels.
The Charity operates with a focus on efficiency, employing freelance staff as programme funding is secured and maintaining a lean structure with limited fixed overheads. The Trustees assess the financial risks associated with this approach to be manageable and will continue to review this position annually. As part of our ongoing risk management strategy, we are committed to building reserves as necessary to support the Charity’s long-term stability and operational resilience.
RISK POLICY
At Trustee meetings, the Trustees have examined major strategic, business, financial and operational risks which the Charity faces. The Charity operates formal documented policies to cover operational risks and to ensure compliance with best practice and legislation, particularly in the area of child
15
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025
safeguarding. Through the risk management processes established, the Trustees are satisfied that the major risks identified have been adequately mitigated where necessary.
FINANCIAL RISK MANAGEMENT
The Charity finances its operations through the generation of cash from operating activities and has no interest rate exposure on financial liabilities. Liquidity risk is managed through forecasting the future cash flow requirements of the Charity and maintaining sufficient cash at bank balances.
STATEMENT OF TRUSTEES' RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The trustees (who are also directors of TeenTech 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, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
16
TFFNTFCH CHARITY TRUSTEE REvoAr for the Year Ended 30 September 2025 DECLARATION The trustees dL'clare tliol they Iiave approved the trusteos, rL'port above. Approved by order of the board of trustees on 21, November 2025 and signed on its behalf by Mr A Wilsc)n- Chair of Truste&% MagEie Philbin CEO 7èenTech 17
TFFNTFCH C.HARITY rRUSTEE REPORT for the Year Ended 30 September 2025 I rLPOfl lo ihL' Charity Tru5tLIQ5 on rny examination of th accounts ol IliL company for the ye£ir oiidld 30 Sc'plLmbtr 2025. Responsibllities and basis of report A5 the charitf s Trustees of the company also Its directors for the purposes of company lawl you are responsible for the preparation of the accouiits in accordance with the r@qLkireménts of the Companies Act 20061'the 2006 Act'l. Having satisfied mysolf that the accounrs of Ihe company are not requiied to be audited uncler Part 16 of the 2006 Att d¥)d are tlip,ible lor independonl tixaminatiori, I report in resptrct of my exarninatitsn of your chacity S Bccounts a5 ca,"ried out under 5CCtion 145 01 the Charitres Act 20111.the 2011 Act'l. In carrying out rnv Ljxarnination I have followed the Direction5 given by thè Charity Commission under section 145151 Ibl of the 2011 Act. Independent Examiner's statement I have comple.ted my exan)inaiion. I confirm that no matters have comè to my èttention in connection with the examination giving me cause 10 bellpve., accountlnx rer,ords wer? noi kept in respeci of the company as *eqiiired by section 386 of Ihe 2006 Act,- or Ihe accounts do not Accord wlth thoso roc.ord4,' 01 the <iCCOUI)ts do nol comply with the ac£ounling requlremenls ol sectlon 396 of the 2006 Act other thali any requirement that the accounts give 3 true arkd fair view Nvhich is not a matter coiiside.red as parl ol Jn it)(leyondenl ¥Xalnlqali()r),' or Iho iCCOUnLs hdve nut bLJon prepared in accordance with thL' methods and prir)ciples of ilie Statement of Recommended Practice for accounting and reporting by charities appllcable to charilies prep)rang their accounis in accordance with tlie Finor)cial Reporting SièndJrd applicable in the UK and RepLtblic ol Ireland IFRS 1021. I have no and have come acioss no other matters in connection with Ihe examiDation to which attention should have been drawn in this report in Ofder to enable a prtsper understanding of Ihe Jicount5 to be re(Iched. Arvind jgthrfCA, cfA. DChA 21 November 2025 Le.vy 4 Pic rlners Limited Chartered Accountants 7..8 Riti Porad Western Avenlie London W5 3RA 18
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025 TEEPITECH CHARITY 15rAIEMEMrFINAF1ILATh17lE511rlC1J1IPDIl7lpK IIK(WEAPa>EXPPaWEACCOUMn FthIIHEYEAR ENDED ao SEPTEMBER1025 2025 24 166.991 213.MS 96A50 JS.J32 2I8.$47 25OY35 150.995 247.710 2YJ.995 247.no •37 J33 .ni Tknao n15ediah5aDd5SeSltherthanth0Se knd5tsrernertoffth3tsIacth5. Th2rEforèTrJ5LryTrmernLrfLtsl r&ediatho4ndbJsses has b2en wepared. Allthe ab%eamr•AAtetOI actrlrts. Theacitsiwaryry notesui p¥es 17tr231c¢manlNe8RlpartI4ip[ThndalStefftefft$. 19
TFENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025 TE£NTECH CHARITY ikS97131 BALANCESHEEr ASAT3D SEPTEM&ER2025 C10". kl4lSS7 2025 Unrstrkd Rtitrit T1 I&.7sF assets rtL5 ¥ientassets 5tLX LX.,bttst£ tJshat han 9,P04 46,360 y,y¢yJ 46,JOO 8.2¥% 25.d68 JJh5 trdtt4¢*'. fbllW dtVIll 142.IB3 142.2131 13,7Ok 91 IJ.78A IY,781
211 lJtsl 13,781 13.7/1 2210 Tw4+lf lJ,711 13,731 C)11pap.Skct 2L. IrBCcot5knre kn-10 215thwefflt¢r2025 ar¥l%tsirOdor.t1rbrf0ntht IFewWIW thL*e5onpi£ IF to2Jforn3niniegfa' part 0flk5etln3h1l51ateffitts. 20
TEENTECH CHARITY TRUSTÈE REI>OAT for the Year En(ted 30 September 2025 TgEt4TECN CKARITY P40TES TOTHE f INANCIAL 57ATEM EP475 FOR TAE YEAR £NL)£Q 30 SEPTEMBER 2025 l. ArcoupinNG POLICIES al Bagsolpreparation The lin4ft¢io1 stal¢ments he piepilred viiih ihe51iiiem¢Dt o1RKotrimed P14(liceloi c harilitn ISORP 20151 IS¥cond Ediiioii tHe(l¥. l janry IOJ91, lh¢ Financial Reporliiig StanLlard app14cablei?the UK Republic ol Irdand IFR5 ia21 &iid Ihvcompanlps Act 2006. In adttitiorn ¢lle firoM¢iol Sldtervients ha¥¢ b prtrpafwj Ih# hrsiJri¢èl ¢o)t CLTrnvèn140n. TnTih Ihatjty mLl£ th dofinltion oltt publlt bènelii ontli¥ F515 102. A55Ctsand liabiliiles are 105tiJll rcyog01w al hislo¥i£iil cost or iransaEtion ¥Jluc unle&% otherw4 sra'ed in iho relLVOTr.i aicounli.?g policy noies rhtyfun¢iiDnal prewntational rurronr¥15 sfvfllng and rDundin% 15 to:htrnoarcsi Pond. bl lrtiome ID¢om¢ wh¥te there 1% entfrilvmept, where Ihe rEEeipi ol income isprobabltdnd ihÈamoyni cèn b? mtdsured wpth stsffsrieht rdiabilily Granl&3nd donati0rEsarewO6nl& onco enlitleffteAt valve havebeen confirrtiÈcI wrsting. Chèrilèblè aElIVAli ropresont Income rocolved Irom Elolltfy ol eThI5. Theincorne is rerggnised whL¥) rectrw4iblÈ The v)luEot yvO1nl2rry help ip¢¢iv&d isnoi Intlud¢d Eheat<ovnrs bui tsdescribed in ihetiv%lees dollaE £1 L¥pend¥ture Llatsililie5iire re¢ogAid a5penditure gsthEr¢Ss•le&al or ¢tyrtSEructi¥¢ obli8a¢ot) ¢J)mmsltkng ih¢¢harJt¥ lo mdk ) p&¥meni to a third party, li15 probablothal a transfer Qf 001£ b¢nehts Wtll tp£ requirexl SrtliLYTrtYt and th¢dmounl ol ihéobligdl14)n taft be rÈliabl¥. All exp¢nd4iur¢ Fs stated InclugivÈ of irrvcoverJ¥le¥AT. pendilure ctn rai¥iHB funds arecosl54ncu¢re4J in seekingvoluntary ip.com¢.. EAppndilurevn rhi+Fil3ble acti¥Ftiesin¢ludesib¢ ¢o%t5 Edu¢a¢loDal •itS UFKlviakn io hJrih¢r ihè puiposÈsol Ihe cnaf it¥. a¥wciaied sdlorv dnd suoputt to£tS. SovETrnoncE iorts includt costswhich are dirtcily ?trributableto the Lloy lo ¥Ja¥fi•finin8 01 ihE£harity Droiedures ne£es5èry lor comglianco with 5taltslorv requir£imen%S. 21
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025 TEEPITECH CHARITI NOTE5TOTHE FINAPKIALsfATEMEfiis FOR THE YEAR ENDEO 30SEPTEMBER 2025 I. ACcOUNnTr p(1clES{cOpffi14uED1 dl Tawauryh No Ilabllltyto UK corporation taxaro on ordinary actlvltle5fortheyear ended 30 Septernber 2025 a5the comDanveniovsta•emot Charitable Thech¥ityoperate5adefined contribution pension schemelor ernploye& The5ea55etsofthe5chemearÈheld sep¥dy from thoseofthecharlty. Ihe annual contrlbutlons payablearecharged io ihestattsmtsit of finan¢ial attivitiestthey betornedue. FundsaretransfErred g¥ery month t0th+PslO SchemeProdw. Estimatesd judgementsaretonlinually e¥aluatEd and are based on hi51orital e%peri¢nctand tsther facto includin8£xpectationsof luture entsthat are ble to bere350nable under thecircurnstanc& Although the5 estimates¥e basd on theTrnstee< bert knowledgeof Iheamouni. edts)tsor artion¥ attual resultsultimatety differ from the5ee51irnate5. TheTrustee5do not con5iderthereto beany rnalerial eAimalesand judgement Tgiblefixed assètsarèstat#J attort less dEpretiation. NJI assets tosting£500 01 mortand with an exp•1 usdul economic Ilfeexce•JinKoneyear are capitallsed. Depreclatlon15 provided on all tan8iblefixed assa5 at rate5 taltulated to writeoff thecost oleach asset. le55 anytsiimated redUal value. eknly over itseApetted usdul lif Theexpe£ted useful lifeof ITand officeequipment 15two years. h) St(Kks Stocks¥evalued at thelower ofcost and net realisable¥alue. The Charity holdsno #otksat year end. Ih D•bt¢Ys Tred other debtorsafe r0[bsed atthesettlement amouTht dueafter anytradediscount offered. Prepaymentsare¥alued at theamount prepaid net olanytradediscount5 due_ ktrued intomeand tax teto¥#able is included at the best otimateolthearnount receivableat ihebalance Sheet dat h at bank and in hwd Includescath and shortterm deposlt xcountswiih 35 daysnotlceor les> k) Liabilitiesartrttognised assoon asthertls a Ipgal ortortstrurtive obligation tommittingthetharityto pay out ree5. 22
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025 TEEPITECH CHARITI NOTESTOTHE FINAPKIALsfAIEMEfiis FOR THE YEAR ENDED 30SEPTEMBER 2025 I. ACCOiPlllNG P(oES(Co1rnNuED> 11 Inwfft•nts Thethityonly ha$fine141 asss and financial liabilitiestsf a kind that qualifyasbasit finantial instrum¢nt& finCial Instrnmontswelnltlally rerogn15ed at transactlon valueand subsquently measured at th•r settlement value. Traded otherdebtors¥e recognlsed atthesettlement v•lue beloreany tradtdiscountsdue. Cash * bkd in hand include5ca5h and short term highly liquid inve5tment5Wlth a Short maturityof thrmonthsor IvJSfrom the date01guiti0n oropenin80l ihedeposit or slmll•r account. Creditors and proviyonsareretO8nisttl whweihe charity ha5a present obliytion re5ultinBlrorn a past eTht that will probably result in thelransler offvndsto thlrd p¥ly the¢nt dueto sdtlethe obllgion can bemeasured or estimated rdiably_ Crnlitorsd provi5ionswe normally recwised * their 5EttIEment amouni after3llowin8(Dr anytradedi5count m) accowntlTh4 Gweral lundsare unrestrirted lundswhlth area¥ailable lor use at the discretlc+n olthtTrusteesin furthwanteol thegeneral ObltIVeS01 thecharity and whlch have not been desi8ned lor specific purpos Ilestricted lunds¥ethosewhich h•4e been glven lor partlcular purpostand projectswlthin theobjtttsofthe charity. RestrictioThs¥isewhw specified by thedonor or when fundsarerai5ed lor particular restricted purpo Theaim useofexh restrlcted fund Issrtout In the notestotheaccount n) Thetrustee5coThsider that thtreare no rnaierlal uncertalntle5about thecharltablecompantl5 abilityto continue3S atoinlcontern. 23
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025 TEBfflCHcHATy P•JIESIDIHENIWALSTAVEmwS F(ThEYEAREWED30 SEPIEM8EA2025 IIWcOMeAWAs 2015 lJrre5trknd R•iirk INCOME (Y)1I4TIODTr1rS 46S91 109tyA) S3gJS 53,975 166Y33 ,993 159J39 W75 IIOME FROMIJiApJTAAcTIVIT1Es ,450 3SJ32 96.450 96,450 35J12 Tot411xtsme JA43 XX6n IXI,970 27.1 50736 111 iij J75 Stsff costs 27É1 9)31 ps 21.27$ 643 Swyjtcosts 14639 14639 250995 250.$ 193.n4 S3976 247.710 191995 i*i.n4 247.no 24
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025 TEBfflCHcHATy P•JIESIDIHENIWALSTAVEmwS F(ThEYEAREWED30 SEPIEM8EA2025 4.STAlf COSTS WaP5ard1knrt5 12M6 lJ92 2?0 L138 17.K• J4J theyear Stsff trI&I<lITQe1t£hc1Cjr4trWve3f. TAVSTEE REMiINEAATrOIIMD&E14EFnS dwhToorthTethOC15eorththWwl. 12 270 $54 lknoth¥TnAtee$ceVea1fffUnlTrc(eVrfjtsftheChlrty InRiwontothe performanthedtyesI$trWIeesknei2o2Sty2o2l. &iieTMo¥eMeNT114 FV14C6FoAniEYEAA Trrtmr*iefiWrtthfthJ5futheyear&5tstedafterthèr&k8'. Ll IJ 25
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025 TEBfflCHcHATy P•JIESIDIHENf14fKIALSTAIEMEPnS F(ThEYEARENDED 30 SEPIEMBEA2025 7.TMfy•ieFixeDAsseTS 63 2J63 thEOfcryM 2J63 L332 Uwrdefortryear 415 Cathtdfthwat 1.748 415 131 Asat3o5eNthr1O2l 41S . tlTON$ LISO &454 82 828S C¥T01$..ouT$1Aw[4oUEwrrHlN0P1eyEAR 3JOI 2?204 750 IL450 317) lJ30 32.736 vear. 26
TEENTECH CHARITY TRUSTEE REPORT for the Year Ended 30 September 2025 TEBfflCHcHATy P•JIESIDIHENIWALSTAVEmwS F(ThEYEAREWED30 SEPIEM8EA2025 p&%oNrnMMITMENTS pen5th¢Q5tscheTrVen£oDfrfon5 Wyatde byihethJtyrothefurthaTrlamfftdio£SYI2024£2701. IL MEMW4S'uMiunes &rnefflber.knpayrnethrltrL crylrrycthdbtrfe(¢IsE$fObea rfnber.adOfthtco5ts.(hae$adeVn5es ofwkndlr6wsuch èmrw4as mèybere(wedMiex¢e £1. Atthe L2rnornL¥t RtLATEOP•thTYTcOWs T0taldwrhy4frtsmTeenTethCICDlYOdtW5Ut6irytoyeenIhthanty were£llOJoO1(£lO9JJ501. AlthYeareIltWlkn?i 1scpw3tlyswetenthitLTeeDTtchChèty OTeenThCdUrfr¥ theyear.VAF4nd kn¥OKe51dty yeIe(hat t1all2bto thdPrtttr¥erOndda¥Ql2Q2IÉN1). Inv*dthethènrys6alststsÉthèthèthTnJ5tee51utslderthatthereL4Mthatr cantrOllptrbedtedRrtrkV6IfyI 27