REGISTERED CHARITY NUMBER: 1183662 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025 FOR THE TED SENIOR FOUNDATION Green & Co Accountants and Tax Advisors Pembroke House Llanlarnam Park Way Cwmbron Torfoen NP44 3AU
THE TED SENIOR FOUNDATION CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025 Page Report of the Trustees Independent Exomlnerfs Report stalemenl ol Flnanclal Actlvllles Balance Sheet Notes to the Flnonclol Statements 9 to 14 Detalled Stalement of Flnanclal Actlvltles 15 to 16
THE TED SENIOR FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MAY 2025 The trustee5 present their report with the financial statements of the charity for the year ended 31 st May 2025. The trustees have adopted the provisions ol Accounting and Reporting by Charities.. Stolement of Recommended Proctice applicable lo charities preparing their accounts in occordance with the Financial Reporting Slandord applicoble in the UK and Republic ol Irelond IFRS 1021 lellective l January 20191. OBJECTIVES AND ACTIVITIES Oblectlves and alms l. To preserve. protect and odvonce the heollh of the public by reducir)g the ir)cidence ol suicide by young odu115. In particular. bul not restricted to.. young adu115 Ottending. or undertaking a course of Study. or contemplating a course of study ol university, college or other lerliary educational inslilulion through, inter alia.. Education of the public. including young adults, educational institutions, relevant professionals, opinion formers and others. as to the mental health risks associated with young adults. and how the some may be reduced by various meons including. but not limited lo. raising awareness. grant making. the commissioning ol relevanl research, the dissemination of relevonl research ond other relevant moterial. The provision ol mental health support for young adults by various means including. but not limited to. grant making. the development of a troined and focussed volunteer bose. the utilisotion and deployment of relevant professionols. engagement with and improvement ol pre-exisling support mechanisms in universities, colleges or other tertiary educational institutions, and the provision ol addilionol support function. 2. To preserve. protect and advance the health ol the public by the provision ol support ondlor counselling services to individuals who have experienced bereovement by reoson ol the suicide of young adults, in particulor, bul not restricted lo., the svicide of young odvlls ottending. or undertaking a course ol study. or contemplating a course of sludy ot university. college or other tertiary educotional institution. Signrficant activities Our peer support progromme, Ted's Friends. continues lo run successfully within sports teoms ot the University of Brislol Medical School. The scheme is embedded within Galenicals. the medicol students, society representing over 1,700 students. We provide ongoing consullalive support and training olongside the university's support teams and coaches. This year. several students have been trained in Mental Health First Aid. with plans to expand training in the year ahead. This is in line with our stated purpose ol reducing the incidence of suicide by young adults, in particular, but not restricted to, young adults allending or undertaking a course ol study. We have continued to grow our online presence through social media campaigns. In 2024. we introduced a bi-onnuol newsletter. containing charity news. activities and fundroising inlormalion. To sUPPOrt inclusivity. we olso offer this newsletter in traditional media lor those who do not use social media. Thi5 year we hove continued to roise awareness of the chorily and offer 5UPPOrt lo our amozing lundroiser5. Our fundraisers have raised aworeness ol our mission, goining support from across the world. Events have ranged from locol activities in our hometown ol Usk oll the way to morothons in New Zealand. We also continue to successfully host our own fundroising evenls occording to our fundroi5ing plon. Publlc benefll The trustees have each read The Charities Commission documents, The Public Benefit Requirement,, 'Public Benelil.. Running a Charity, and 'Public Benefit.. Reporting. They are satisfied that TSF'S purposes and related oclivilies are beneficial lor a 'suflicienl section of the public,. and have given regard to the guidance 'when exercising any powers or duties lo which the guidance is relevonl,. Poge I
THE TED SENIOR FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MAY 2025 OBJECTIVES AND ACTlVtriES Granlmaking We continue to work in porlnership with the Support After Suicide Partnership ISASPI, colloboroling on the development of new guidonce lor people who have been bereoved. This is in line with our purpose of providing support and/or counselling services to individuals who have experienced bereavement by reason of the suicide ol young odulls. We continue to support und fund James, Place, o London-bosed chority providing free. lifesoving support to suicidal men oged over 18. Our funding supports profe5sionol therapists offering lolking therapies and proctical help to service users, working closely with the NHS and other support services. This is in line with our slated purpose of reducing the incidence of suicide by young adults, in particular, but not restricted to. young adults attending or undertaking o course of study. We support the Looseheadz Foundation, a leoding rugby menlol heolth chority, working tirelessly lo support rugby players and 5UPPOrters across England and Wales. We have supported them through a grant to develop o rugby-locused mentol heollh module for university students and staff. This is in line with our staled purpose of odvancing the education into the causes, elfecls and prevention ol suicide by the provision ol training, workshops ond educotionol resources. We continue lo collaborole with Public Health Wales. Newport Mind and other locol services in Gwenl to deliver ond fund suicide first aid training courses. This training provides knowledge ond skills lo support individuals with suicidol thoughts ond con be opplied in 5everol settings. This troining is in 5UPPOrt of educating and training the public on the cou5es and effect5 015uicide. wilh reducing the risks of suicide. FINANCIAL REVIEW Flnanclal position Income over the period 2024-25.. l Donations made during the year £42,344 2 Fundraising events £3.978 3 Merchandise £490 4 Deposit occounl interest £3,620 Total income over the period 2024-25- £50,433 Expenses over the period.. £84.929 Net expenditure.. 1£34,4961 At 31 May 2025 the positive c05h position w05 £205.629 of which £204.132 was held in unre51ricted funds. Prlnclpal fundlng sources The charity's principol sources ol funding ore fundroi5ing initiotives orgonised by TSF and donations by friend5. associates. companies and organisalions who choose to support the charity direclly or Ihose raising money on the charity's beholl. Investment policy and objectives The chority has an investment policy which incorporates our objectives and purposes as set out in ils goveming document. This policy is reviewed and revised periodically, ond the responsibility of the linoncial committee. Poge 2
THE TED SENIOR FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MAY 2025 FINANCIAL REVIEW Reserves pollcy We intend lo maintain our reserves ol a level which is al leosl equivalent lo £1 (X),000, which will provide funding lor our activity in 2025-2026. A lolal reserves figure ol £1 00.OCQ lo fund anticipated growth ond expansion in granl moking, and a £50,000 contingency. The reserves thal we have sel aside provide financial stability and Ihe means for the development ol our principal activity and future grant partnerships. The Finance Committee reviews the number ol reserves that are required every quarter within our Financial Review meetings to ensure that they are adequate to lullil our continuing obligation5. The trustees recognise that Ihe chorily is currently in o strong financial posltion. with reserves exceeding our long-lerm target of £50.000 . Our irnlenlion is lo ulilise these reserves lo support the delivery and expansion of our mentol health services over the next lew yeors, while moving towards a sustainable model where onnual expenditure broadly matches annual income. PRINCIPAL RISKS The key risks identified al this stage are.. Income $ustalnablllty.' A potential reduction in donolions or grant funding once reserves hove been spent down. Operational capacify.. Managing growth in activity without overstretching our staffing. volunteer. or governance copocily. Flnanclal control- Ensuring that reserves are spent strategically and that sufficient cash remains available for contingencies. FUTURE PLANS In the year ahead, we will locus on advancing the aims ol the charity, whilst offering support and guidance to those offected by suicide. We ore developing our grant-moking progromme. with the sole pvrp05e of providing linoncial assislance in the form ol grants to other individuals. charilies or organisalions. These gronts will be given to support charities or organisolions in existing or new initiatives that align with TSF'S charitable purposes. We have developed and established a clear grant-making system. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is controlled by its governing constitutional document and constitutes a charitoble incorporated orgonisalion. Charlty constitutlon The charity con5tilute5 0 charitable incorporoted organi5alion. Recrultment and appolntment of new trustees The First Trustees were oppointed lor set terms os Set ovt in the Fovndalion Constitvtion. Thereofter. every truslee is appoinled in occordonce with the procedure set out in the Constilulion lor o set term 013 years. The register has been updated with all changes of trustees during this time. Poge 3
THE TED SENIOR FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MAY 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Organlsational structure The charity is led by Co-choirs Josh Harwood and Dr Cameron Watson. All trustees are involved in the wider running ol the foundation. but also have the following roles within specific working groups.. Chairs: Dr Cameron Wolson und Josh Harwood The Ted's Friends scheme-. Donna Boycott ond Josh Harwood Fundralslng: Diano Senior, Sapphy HanNood and Jomes Mitchell (new Irusleel. Social media: Max Senior and Rosie Senior Secretary- Diuno Senior. Treosurer: Loura Normond. previously Paul Senior. who slill supports and advises on linonciol mallers. Mental Health Leadloperatlonal Lead.. Donna Boycott. Donna Boycott is the Operotionol Lead/Menlal Heolth Lead ol the Charity. acting on o consultative bosis and will be resigning from her duties as a trustee. Wider nefviork TSF hove formed professional relationships within Woles and England with a large number ol chorities. organisalions and educational establishments and advises on the suicide prevention and self-harm advisory groups. TSF works in colloborotion with local oulhorities ond heolth partners across Woles. Rlsk managemenl The trustees have a duty to identify and review the ri5k5 to which the organi5alion is exposed and to ensure oppropriote controls ore in ploce to provide reosonoble ossuronce ogoin5t froud ond error. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1183662 Prlnclpal address Llanwilcae Farm Rhiwlos Raglan Usk NP15 2JL Trustees D Senior C Wotson J L Harwood S T Horwood D Boycolt M G Senior R E Senior P N Senior L Normond J M Mitchell Trustee (appointed 19.2.251 Poge 4
THE TED SENIOR FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MAY 2025 REFERENCE AND ADMINISTRATIVE DEtAILS Independent Exominer Nicholas Pork Green & Co Accountants and Tax Advisors Pembroke House Llontarnam Park Way Cwmbran Torfoen NP44 3AU Approved by order ol the board ol Irustees on I I Ih March 2026 ond signed on ils beholf by.. C Wotson - Trustee Poge 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE TED SENIOR FOUNDATION Independent examlner's report to the trustees ol The Ted Senlor Foundatlon I report lo the charity Iruslees on my examination ol the accounts ol The Ted Senior Foundation Ilhe Trust) for the year ended 31st May 2025. Responslbllltles and basls of report As the charity trustees ol the Trust you are responsible for the preparation ol the accounts in accordonce with the requirements ol the Chorilies Act 2011 I'the Act'l. I report in respect ol my examination ol the Trust's accounts carried out under Section 145 of the Act and in carrying out my exomination I hove followed all applicable Directions given by the Charity Commission under Section 145151 Ibl ol the Act. Independent examlner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection wilh the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trvsl as required by Section 130 of the Act,. or the accounts do not accord with those record5'. or the accounts do not comply with the opplicable requirements concerning the form and contenl ol accounts sel out in the Charities IAccounls and Reports) Regulations 2008 other than any requirement that the occounls give o true and fair view which is not a motler considered os part of an independent exomination. I hove no concems and hove come across no other matters in conneclion with Ihe examination lo which attention should be drawn in this report in order to enoble a proper understonding of the occounts to be reached. Fa Nicholas Pork The Association ol Chartered Certified Accountants Green & Co Accountonts and Tox Advisors Pembroke House Llanlarnam Park Way Cwmbran Torfaen NP44 3AU I I th March 2026 Poge 6
THE TED SENIOR FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MAY 2025 2025 Total funds 2024 Total funds Unrestricted fund Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 42.344 42.344 32.249 Olher trading oclivilies Investment income 4,468 3.620 4,468 3.620 7,194 Tolal 50,432 50,432 39,443 EXPENDITURE ON Charitable work 21,548 21,548 19.145 Charltable acllvllles Chorilable Activities 54,877 8,503 63,380 30.878 Total 76.425 8.503 84.928 50.023 NE[ INCOME/(EXPENDITURE) 125,9931 18,5031 134,4961 110.5801 RECONCILIATION OF FUNDS Totol fund5 brought lorword 230.125 i o,o(H) 240,125 250.705 TOTAL FUNDS CARRIED FORWARD 204.132 1.497 205.629 240.125 The notes form part ol these financial statements Poge 7
THE TED SENIOR FOUNDATION BALANCE SHEET 31ST MAY 2025 2025 Total funds 2024 Total funds Unrestricted fund Restricted fund Notes FIXED ASSETS Tangible assets 310 310 387 CURRENT ASSETS Stocks Debtor5 Cash at bank 2.735 663 200,744 2,735 663 202,241 3.700 667 235.603 1,497 204.142 1.497 205.639 239.970 CREDITORS Amounts falling due within one year 13201 13201 12321 NEf CURRENT ASSETS 203,822 1,497 205,319 239,738 TOTAL ASSETS LESS CURRENT LIABILITIES 204,132 1,497 205,629 240,125 NET ASSETS 204,132 1,497 205,629 240,125 FUNDS Unreslricted funds Reslricled funds 10 204.132 1,497 230.125 i o.coo TOTAL FUNDS 205.629 240.125 The financial statemenls were approved by the Board of Truslees and authorised lor issue on I I th March 2026 and were signed on its beholl by.. C Wot50n - Trustee The notes form part ol these financial statements Poge 8
THE TED SENIOR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025 ACCOUNTING POLICIES Basls of preparlng the financlal statemenls The linoncial statements ol the charity, which is a public benefit enlily Under FRS 102, have been prepared in occordonce with the Chorities SORP IFRS 1021 'Accounling and Reporting by Charities.. Slatement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financiol Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 lefleclive I January 20191., Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK ond Republic ol Ireland. and the Chorilies Act 2011. The linonciol statements hove been piepored under the historicol cosl convention. Income All income is recognised in the Slotement ol Financial Activities once the chorily has entitlement to the funds. il is proboble Ihal the income will be received and the amounl can be meosured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligotion committing the charity lo that expenditure. it is probable that a transfer ol economic benefits will be required in settlement ond the amount ol the obligation con be measured reliobly. Expenditure 15 occounted lor on an accruals basis and hos been classified under headings that aggregale all cost related lo the category. Where costs cannot be directly allribuled to particular headings they have been allocated to activities on o basis consistent with the use of resources. Tangible lixed assets Depreciation is provided at the following annual rates in order to write off each osset over its estimated useful life. Computer equipment 20fD on reducing balance Stocks Slocks ore volued ot the lower of cost und net reolisoble value. alter making due allowonce lor obsolete and slow moving items. Taxalion The chorily is exempt from tax on ils charitable aclivilies. Fund occounllng Unrestricted fund5 can be used in accordonce with the charitable objeclives ot the discrelion of the trustees. Restricted funds con only be used for parliculor restricted purposes within the objects ol the chority. Reslrictions orise when specified by Ihe donor or when funds are raised for porticular restricted purposes. Poge 9 continved...
THE TED SENIOR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST MAY 2025 OTHER TRADING ACTIVITIES 2025 2024 Fundraising events Merchandising 3,?78 490 7,006 4,468 7,194 INVESTMENT INCOME 2025 2024 Deposit occounl interest 3.620 TRUSTEES, REMUNERATION AND BENEFITS The trustee Donna Boycoll was engaged under o sub-contract arrangement lo lullill the role of Operations Monager and received compensation tololling £8,095 12024.. £10,624) lor her services rendered during the year ending 31 st May 2025. She did not receive any remuneration in relation to her role as a trustee. Trustees. expenses Expenses that trustees hove incurred in order to carry out their dulles amounts to £1,859 12024.. £1,CQ21 during the year ending 31 st May 2025. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted fund Total funds INCOME AND ENDOWMENTS FROM Donolions and legocies 22,249 i 0,000 32,249 other Iroding octivities 7.194 7.194 Total 29,443 i 0,000 39.443 EXPENDITURE ON Choritoble work 19,145 19.145 Charltable actlvltles Choritoble Activities 30,878 30,878 Total 50,023 50.023 NET INCOMEI(EXPENDITURE) 120.5801 i 0.000 110.5801 Poge 10 continved...
THE TED SENIOR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST MAY 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - conllnued Unrestricted fund Restricted fund Total funds RECONCILIATION OF FUNDS Total funds brought fonNard 250,705 250.705 TOTAL FUNDS CARRIED FORWARD 230.125 i 0.000 240.125 TANGIBLE FIXED ASSETS Computer equipment COST At I sl June 2024 and 31 st May 2025 605 DEPRECIATION At I sl June 2024 Charge loryear 218 77 At 31st Moy 2025 295 NET BOOK VALUE At 31st Moy 2025 310 At 31 sl May 2024 387 STOCKS 2025 2024 Slocks 2.735 3,7(X) DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Other debtor5 Prepayments 504 159 504 163 663 667 Pogell continved...
THE TED SENIOR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST MAY 2025 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors other creditors 226 94 160 72 320 232 io. MOVEMENT IN FUNDS Nel movement in funds At 31.5.25 At 1.6.24 Unrestrlcted funds General fund 230.125 125.9931 204.132 Restrlcled funds Nationwide Grant- Mental heollh training i o,coo 18,5031 1,497 TOTAL FUNDS 240,125 134,4961 205,629 Nel movement in funds. included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 50.432 176.4251 125.9931 Restrlcted funds Notionwide Grant- Menlol health training 18,5031 18,5031 TOTAL FUNDS 50,432 184,9281 134,4961 Poge 12 continved...
THE TED SENIOR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST MAY 2025 io. MOVEMENT IN FUNDS - conllnued Comparatlves for movement In funds Nel movement in funds At 31.5.24 At 1.6.23 Unrestricted funds General fund 250.705 120.5801 230.125 Restricted funds Nationwide Grant- Menlol heollh training i 0.000 i o,o(x) TOTAL FUNDS 250,705 110,5801 240,125 Comporotive nel movement in funds, included in the above are as follows.. Incoming resources Resources expended hAovement in funds Unrestricted fund$ General fund 29.443 150.0231 120.5801 Restricted funds Nationwide Grant- Menlol heallh training l O.(K)O i o.o(K) TOTAL FUNDS 39.443 150.0231 110,5801 Poge 13 continved...
THE TED SENIOR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST MAY 2025 RELATED PARTY DISCLOSURES There were no reloted party Iransoclions for the year ended 31 st May 2025 or the year ended 31 st Moy 2024. Page14
THE TED SENIOR FOUNDATION DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MAY 2025 2025 2024 INCOME AND ENDOWMENTS Donatlon$ and legacles Donations Grants 42.344 22.249 i o.coo 42,344 32.249 other tradlng acllvltles Fundraising events Merchandising 3,978 490 7,(K)6 188 4,468 7.194 Investment Income Deposit account interest 3,620 Total incoming resources 50.432 39.443 EXPENDITURE other tradlng acllvltles Fundraising event cos15 Merchondi5ing purchoses Prinling. post & stalionery Insuronce Advertising Travelling & subsislence Website & computer costs Sundries Bank charge5 Bookkeèping & occounting lees Depreciation of tongible fixed assets Svbcontroctor costs Professional fee5 Troining 3,191 1.413 442 65? 264 1.859 2.345 278 1.063 153 568 360 326 254 I.2 2.527 241 630 1.363 97 10.624 I.CK)O 77 8,580 20 186 21,548 19.145 Char5table acllvllles Troining Charitable donations 8,503 54,877 30.878 63,380 30,878 This page does not form part ol the statulory linanciol statemenls Page 15
THE TED SENIOR FOUNDATION DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MAY 2025 2025 2024 Totol resources expended 84.928 50.023 Net expendllvre 134,4961 110,5801 This page does not form part ol the statulory linanciol statemenls Page16