[Document subtitle] [DATE] [COMPANY NAME] [Company address] ## **TRUSTEE’S REPORT** The trustees present their report with the impact of the work and the financial statements of the charity for the period ended 31st December 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE). ## **REFERENCE AND ADMINISTRATIVE DETAILS** Registered Charity Number: 1184273 Registered Office: City Buildings Lake Road ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing Document** The charity is controlled by its governing document, foundation model constitution, and constitute a Charitable Incorporate Organisation (CIO). ## **Recruitment and Appointment of a New Trustee** Future trustees must be appointed by a resolution passed at a properly convened meeting of the charity trustees. When selecting individuals for appointment as charity trustees, the current board composition will be assessed to identify any skills gaps. The charity trustees will consider the skills, knowledge, and experience necessary for the effective administration of the CIO. Once a potential candidate is identified, due diligence checks must be conducted. This includes background checks, obtaining professional and personal references, and ensuring compliance with legal and governance requirements (e.g., conflict of interest declarations and eligibility checks). Upon appointment, new trustees will receive a formal appointment letter outlining the terms and conditions of their role. They will also be provided with a copy of the constitution, the most recent impact reports, the charity’s latest annual report and financial statements. Additionally, the new trustee will be registered with the relevant regulatory bodies. ## **Induction and Training of New Trustees** Upon joining the organisation, the new Trustees are inducted through spending time with the Chair of Trustees and the CEO to gain a better understanding of the charity's activities and operations. We encourage participation in training and development opportunities. The training provided for Trustees follows Charity Commission training guidelines. This structured process ensures transparency, accountability, and the effective onboarding of new trustees to strengthen the governance of the organisation. ## **Risk management** The Trustees and the CEO have a responsibility to identify and review the risks faced by the charity and to ensure that appropriate controls are in place to provide reasonable assurance against fraud, mismanagement, errors, and risks to volunteers' health and safety while supporting the charity. The following categories of risk are regularly assessed: financial, operational, compliance and legal, reputational and environmental risks. Regular monitoring and updates to this risk assessment will ensure that URBOND remains resilient and continues to fulfil its mission effectively. ## **Objectives and Activities** The Charity was founded with the primary purpose of helping local communities to integrate and support each other in overcoming key issues affecting society. The charity focuses on three core objectives: **Youth Development** : Offering opportunities, wellness and pathways to success for young people in Portsmouth through various development initiatives. **Community Integration** : Fostering community cohesion and advancing racial harmony, equality and diversity for the public benefit in Portsmouth. **Child Education** : Delivering and supporting educational initiatives for Children in underprivileged communities in the Republic of Guinea. ## **Key Achievements – 2025** ## **Youth Development** |**We set out to achieve**|**Examples of how we achieved this**|**Key Statistics**| |---|---|---| |To provide a safe, inclusive and
productive environment that
supports the positive
development of young people|The year began with a major
milestone for URBOND. On 11thof
February, we reopened our youth
club and welcomed young people
back into a brand-new space. After
months of waiting, the excitement
was clear. Young people explored
the building, reconnected with
friends, and quickly made the club
their own. By March, the space was
already buzzing, with 323 young
people attending sessions. From
dancing and games to art, music,
and movie nights, the club became
a place where young people could
relax, express themselves, and
build friendships.|87% of young people
reported that URBOND
created a safe space
for them
12000 attendances in
activities in 2025 from
young people, up 5%
from 2024.| |To offer young people consistent,
positive guidance that empowers
their personal growth and helps
them pursue their future goals.|A major highlight of the year came
during Knife Crime Awareness
Week, when young people
themselves organised and led a
sports event. The event brought
together 42 participants aged 14–
20, demonstrating the power of
youth leadership in creating
positive alternatives for their peers.
One participant shared:
•
“I thoroughly enjoyed this
event. Thank you, URBOND.”
— L, 17|373 mentoring
sessions were
delivered, equating to
3,043 hours of
mentoring support.| |To give young people the
confidence, tools and platforms to
speak up while ensuring diversity,
inclusion and meaningful
involvement in decision making|As the year progressed, youth
leadership became an even
stronger focus. Older participants
began organising activities and
coaching younger under-12s,
becoming role models within the
programmes. For many younger
participants, this was their first|Youth Ambassadors
played a key role in
supporting and
representing young
people across the city.
Both flagship events
were well attended,| ||experience of structured sport,
helping them build teamwork,
confidence and resilience while
strengthening their sense of
belonging and mental wellbeing.
Through these youth led activities,
sport is becoming more than just
physical activity, it is becoming a
platform for connection,
confidence and positive mental
health for the young people driving
the change.|with over 250 young
people attending
Youth Sports Day and
more than 600 people
attending the Youth
Awards.| |---|---|---| |To equip young people with the
knowledge, skills and support
necessary to succeed
academically and pursue future
opportunities.|2025 marked an exciting milestone
for URBOND with the launch of
Tutoring sessions, created in
response to young people seeking
additional academic support for a
better chance to pass their exams.
Over 80 students expressed
interest, and the sessions provided
a supportive space for young
people to strengthen their maths
skills, build confidence, and learn
together. Feedback from both
students and parents was
overwhelmingly positive.
During this time, we also
celebrated an inspiring success
story. A long-standing member of
the URBOND community and Youth
Ambassador secured a place at
the University of Cambridge, after
two years of actively supporting
programmes and mentoring other
young people.
During exam season, we adapted
our programmes to support young
people’s wider wellbeing. While
sports sessions were reduced, we
introduced Maths and English|Overall, URBOND
informal education
initiatives reached
over 500 children and
young people through
collaboration with
schools, professionals,
the University of
Portsmouth, and
Portsmouth Central
Library.| ||tutoring to support GCSE and A-
Level students. For those who
attended sports sessions, the
activities provided an important
outlet to manage stress, stay
active and maintain balance
during a challenging academic
period.|| |---|---|---| |To empower them with financial
skills, including budgeting, saving
and smart spending, while also
creating pathways to
employment.|URBOND continued to expand its
Work Experience Programme,
helping young people who may
otherwise struggle to access
professional opportunities gain
valuable, hands-on experience.
The programme supports
participants to build confidence,
develop practical skills and take
their first steps towards future
careers.
Ahead of the summer placements,
we hosted the URBOND Work
Experience Fair, welcoming over 80
young people, employers and
professionals from across our
network. Inspirational talks from
partner organisations and past
participants highlighted the
powerful impact that access to
opportunity can have.
Young people gained experience
with partners including Tesco, GRP
Solutions, Hughes & Salvidge, the
National Institute for Health and
Care Research, and Circuit Supply.
Placements covered a range of
sectors including construction,
design, logistics, healthcare
research, marketing and finance,
giving participants valuable
exposure to different industries
while helping them build|This year marked our
busiest programme to
date, with 157
placements,
exceeding our target
of 150.| ||confidence, expand their networks,
and explore future career
pathways.|| |---|---|---| |To inspire young people to nurture
their physical wellbeing and
strengthen their resilience through
movement and creative
expression.|Our sports programme continued
to create safe and positive spaces
where young people could stay
active, connect with peers and
strengthen their mental wellbeing.
A strong start to the year included
a trip to Guildford where
participants took part in sport day
and built friendships with young
people from other cities, expanding
their sense of community through
sport.
Participation continued to grow,
with February attendance
increasing by 8% compared to
2024, reflecting the growing
demand for youth led physical
activity. To ensure sessions
remained inclusive, we began
exploring new ideas shaped by
young people themselves,
including, badminton, beginner
volleyball sessions, an under-18
group and skill-level basketball
sessions. These changes helped
ensure that everyone, regardless of
experience, felt confident taking
part.|URBOND delivered
over 590 activities and
events, providing
young people with
opportunities to
engage in sport,
creativity and positive
community
experiences.| Growth in Youth Engagement Hours (2022-2025) Growth in Total Youth Participants (2022-2025) 14.000 3.500 12.600 3.043 Izooo 11.885 3.000 Z500 10,000 2.067 7,956 zooo 8,000 I.SOD 6,000 I,OOD 4,000 3,194 500 473 2.000 2022 2023 2024 2025 2022 2023 2024 2025 Growth in W99kly Youth Engoggm9nt (2022-2025) Growth In Aetlvltles OrganSsed for Young People (2022-2025) 250 600 590 547 214 500 200 186 437 156 400 150 300 100 97 200 BO 100 2022 2023 2024 2025 2022 2023 2024 2025 ,vry. PORTSMOUTH YOUTH AWARDS 2025 ## **Community Integration** |**We set out to achieve**|**Examples of how we achieved this**|**Key Statistics**| |---|---|---| |To provide a safe and inclusive
environment which is conducive
to the development of
communities, provide support to
families and connect with
services.|Demand for our services increased
significantly this year, with
transport identified as a key barrier
for many families. Through the Easy
Travel fund from Portsmouth City
Council, we provided bus passes,
while our growing minibus service
ensured families could access
activities and support across the
city.
Our weekly Parent Day sessions
offered a safe space for wellbeing,
mentoring, gentle exercise and
food support for families affected
by the cost-of-living crisis.
Strong partnerships with
organisations including the
University of Portsmouth,
Portsmouth Parents Voice, Home-
Start, Public Health Portsmouth and
Advice Portsmouth enabled us to
provide more holistic support,
including research participation,
health awareness sessions and
budgeting workshops.
Participation in our women-only
gentle fitness sessions continued
to grow, with some parents
engaging in exercise for the first
time in over a decade.
This year strengthened our support
for families across Portsmouth,
improving access to services,
building partnerships and
empowering parents to support
their children and communities.|913 attendees
participated in our
various social events
promoting community
cohesion and
diversity.
273 women benefited
from our
empowerment
programmes and
groups. 74% growth
from 2024.| |To support the community to
integrate; bringing people from
different backgrounds together to
overcome stereotypes, racial
injustice and build relationships|URBOND’s restorative forums bring
together community leaders, local
authorities, the police, and partner
organisations to address key issues
and strengthen collaboration.|In total, 618 people
benefited from the
restorative forum,
maintaining strong| ||Held bi-monthly, six forums took
place in 2025, engaging 27
community leaders representing
hundreds of residents. Some of the
partners included Portsmouth
Mediation Service, Victim Support,
the NHS, Portsmouth Women
Alliance, Moriah Family Support
Group and various community
organisations.
The forums continue to grow, with
five new organisations joining in
2025, expanding URBOND’s reach
and impact.|engagement from the
previous year.| |---|---|---| |To deliver a package of
community led engaging
activities which foster both mental
and physical wellbeing.|In 2025, URBOND empowered more
people in the community than ever
to take control of their health and
wellbeing. Through inclusive
activities, from yoga and gym
sessions to football, volleyball, and
community led workshops URBOND
created safe, supportive spaces
where individuals could build
confidence, improve wellbeing, and
connect with others.
Many participants engaged in
regular exercise for the first time in
years, with clear improvements in
both physical and mental health.
Encouragingly, many have gone on
to stay active beyond URBOND
sessions.
Demand for URBOND work
continues to grow. Despite
widespread health challenges in
the community, engagement
remained strong, reflecting both
need and impact.|5215 participants
engaged in our
community health
and wellbeing
programmes.| |To undertake community
education support that equips
ethnic minority people with
confidence, skills and knowledge
of how to navigate complex
systems|In 2025, URBOND strengthened
healthier, more resilient
communities through targeted
workshops on wellbeing and
personal development. Delivered in
partnership with local
organisations, sessions addressed
health inequalities, leadership,
employment, research, and
financial literacy, equipping
participants with practical, real life
skills.
A key highlight was the
collaboration with You Trust and
Portsmouth City Council to deliver
financial wellbeing workshops,
building confidence in budgeting,
financial planning, and accessing
support.|317 individuals
benefited from our
educational
workshops and
seminars. a 47% rise
from the previous year
(2024).| |---|---|---| |To promote activism in the
community by mentoring and
supporting members to positively
contribute via social action and
volunteering on specific
initiatives/projects.|URBOND has developed its role as
an umbrella/leading organisation
to help improve community
cohesion across Portsmouth and
the South East.
Building on URBOND’s established
experience in community
integration, this programme is
formally and informally mentoring
emerging and established
community leaders to build their
confidence, connection and be
supported to learn from URBOND’s
model to improve community
cohesion in their respective
communities.|Engaging 7
community leaders,
with each leader
having a reach of 50-
70 members.| |To provide tailored support to the
local community and help tackle
issues that have a direct impact
on community cohesion.|Our weekly Parent Day sessions
offered a safe space for wellbeing,
mentoring, gentle exercise and
food support for families affected
by the cost-of-living crisis.|URBOND provided
food support to over
172 people weekly.| Our Food Support & Sustainability initiative is dedicated to reducing food insecurity while promoting long-term, environmentally responsible solutions. Beyond providing immediate support, the initiative focuses on building sustainable systems that strengthen community resilience. This includes education on reducing food waste, development support through CV clinics and employability programmes and guidance that promotes selfsufficiency Growth in participants engaged with community health and wellbeing activities (2024-2025) Growth in attendo0s benefitted from various social events (2024-2025) 6.000 1.000 5.215 913 5.000 4.751 800 4.000 60D 3.000 400 zooo 1.000 20D 2024 2025 2024 2025 Growth In Indlvlduols banotlttod from tha Restorative Forum (2024-2025) Growth In Indlvlduals banaflttad from educatlonal workshops and seminars (2024-2025) 700 350 317 614 818 600 300 500 250 Y4 400 200 300 150 200 100 100 50 2024 2025 2024 2025 Growth in local women benefitted from the ompow•rmont programmo (2024-2025} Growth in people supported weekly through the ¢ommunlty f¢>od support programmg (2024-2025) 300 200 273 172 250 164 150 200 157 150 100 100 50 50 2024 2025 2024 2025 ## **Child Education** This year, the organisation delivered transformative impact across education, health, and community development in Dubreka, the village of Koutaya, and surrounding communities. A newly constructed school now stands as a vital hub for learning, expanding access to quality education. This effort was reinforced by the donation of over 3,000 textbooks and sustained community outreach, which reached more than 5,000 individuals and strengthened awareness of the importance of child education. In health and wellbeing, the organisation delivered targeted interventions to support women, girls, and families. Over 12,000 menstrual hygiene kits were produced locally, with more than 9,000 distributed to girls in underserved communities. Education programmes reached over 6,000 girls and 1,800 parents, while 300 teachers were trained to better support girls during menstruation. Additional initiatives included dental care education for 2,000 children, distribution of essential hygiene supplies, and awareness sessions on Female Genital Mutilation (FGM), engaging over 300 parents and contributing to healthier, more informed communities. The organisation also prioritised child protection, basic needs, and youth development. Over 5,000 boys were educated on safeguarding girls and preventing sexual violence, while more than 1,000 families received clothing and footwear support. Youth engagement was strengthened through the donation of over 500 sports equipment items and the training of 12 local coaches. Together, these efforts reflect a holistic approach to community development, empowering individuals, supporting vulnerable groups, and driving sustainable, long-term change Our child education work is funded separately by corporate business partners, dedicated volunteers, and international institutions. ## **Volunteer Contribution** URBOND simply could not succeed without its volunteers. Their passion, dedication, and tireless efforts drive everything we achieve. Alongside our Trustees, dedicated staff, they play a vital role in keeping the charity running and making a meaningful impact every day. ## **Recognition and Accolades** In 2025, URBOND strengthened its presence within the Portsmouth community by relocating to City Buildings on Commercial Road, placing the organisation at the heart of the city. This strategic move has significantly expanded URBOND’s reach, contributing to increased event attendance and deeper engagement across its programmes. Over the past year, URBOND has continued to deliver impactful initiatives, reinforcing its role as a vital community organisation. This sustained commitment has resulted in notable recognition and achievements: - Awarded at the Portsmouth Tech & Cultural Summit 2025 - Honoured with the Community Hero Award 2025 - Received praise and formal endorsement from Portsmouth City Council leaders - Continued support from local Members of Parliament - Strengthened partnerships through increased collaboration with local businesses This has been a year of meaningful growth for both URBOND and the communities it serves. These achievements reflect not only the organisation’s dedication, but also the invaluable support and engagement of the local community. ## **Future Developments – Priorities for 2026** In 2026, URBOND will continue to expand its reach and build on the foundations of its fiveyear strategic plan established in 2025. The organisation is committed to increasing its impact by engaging a broader and more diverse audience, while delivering meaningful and sustainable outcomes for its beneficiaries. - **Strengthening Educational Partnerships** The organisation will deepen collaboration with key partners by establishing strong, long-term relationships with schools. These partnerships will enrich students’ learning experiences and create clearer, more effective pathways into further education, training, and employment. - ## **Diversifying and Strengthening Funding Streams** - To ensure long-term sustainability, URBOND will reduce reliance on a limited pool of grant funders by diversifying its income. This will include generating revenue through services, donations, sponsorships, and commissioned contracts, while continuing to secure grants at local, regional, and national levels. - ## **Expanding Strategic Partnerships** - Building on existing strong relationships, URBOND will broaden its network by engaging more like-minded organisations and individuals. These partnerships will enhance collective impact and support efforts to address key community challenges. We aim to expand access to work placements, and career development opportunities that equip young people with the skills and experience needed to succeed. - **Supporting Local Grassroots Organisations** URBOND will collaborate with leaders of community organisations to strengthen community cohesion. Through a structured mentorship programme, URBOND will support grassroots organisations by providing guidance, capacity building, and access to resources, enabling them to better serve and empower members of the local community. - ## **Ensuring Long Term Sustainability** - URBOND will continue to refine and evolve its strategic plan with a strong focus on sustainability. This includes developing community and volunteer initiatives, forming corporate partnerships, increasing grant applications, and implementing targeted marketing campaigns. Awareness initiatives will further strengthen engagement with stakeholders. ## **Financial Review** The Trustees are pleased to report an annual income of £379,325. This income is primarily due to the success of grant applications, sponsorships, and fundraising efforts. Accumulated funds have been strategically invested in materials, equipment, and resources to support the ongoing delivery of youth engagement initiatives and community integration activities. Notably, funds have also been allocated towards professional fees and the costs associated with sessional workers. Tangible assets have been acquired in line with last year’s projections. After allowing for annual depreciation, these assets hold a net book value of £36,720. Total assets, including cash at bank amount to £166,142. Significant fundraising efforts and investment in the Child Education Programme have delivered substantial benefits to families in Guinea, as detailed above. Plans are already in place to secure additional funding from international funders and corporate partners to build on these achievements. At the close of the period under review, the Trustees are pleased with the financial growth of the organisation and the funds secured in 2025, which in conjunction with additional fundraising activities, will help to support and extend the charitable activities for the coming periods, within a five-year forecast. ## **Reserves Policy** The trustees have reviewed the reserves to ensure they are maintained at a level to ensure the charity can meet its objectives and obligations. These include providing ongoing support with salaries and expenses associated with the charity. The charity will also provide necessary funds and support children education and development. The trustees have decided to maintain reserve funding at a level commensurate with between 4 and 6 months of current operational cost, being the sum of £100,000 which will provide the charity with sufficient financial stability. SIGNED ON BEHALF OF THE BOARD OF TRUSTEES Full name: Kingsley Digby Position: Chair of Trustees Signed: Date: 02/04/2026 URBOND Charity Registration Number: 1184273 ## **Statement of Financial Activities** |**Income**
Grants Received
Donations Received
Fundraising Revenue
Project Income
Sponsorship Income
Other Income
**Total Receipts**
**Direct Expenditure**
Materials, equipment, etc
Venue Hire
Professional Fees
Marketing
Project Specific Expenditure
Fundraising
**Gross Surplus / (Deficit)**
**Indirect Expenditure**
Gross Pay
Employers NI
Pension Contributions
Casual Labour
Staff Welfare
Clothing, Uniform, PPE
Training and Development
**_Total Staff Costs_**
Rent and Rates
Heat and Light
Travel and Entertainment
Travel - Motor Costs
Marketing
Bank Charges
Software and IT Expenses
Depreciation
Insurance
Legal and Professional Fees
Printing, Postage and Stationery
Telephone and Internet
Repairs and Renewals
**_Total Other Overheads_**
**Total Expenditure**
**Net Income/ (Expenditure)**|**Dec-25**
262,962
23,734
28,985
61,371
758
1,514
**379,325**
21,673
20,022
3,675
553
84,046
1,284
**131,252**
**248,072**
122,074
-2,823
2,818
29,534
1,421
1,012
47
**154,083**
14,941
6,905
12,271
2,167
2,397
20
10,662
15,296
3,610
3,199
710
1,416
6,183
**79,777**
**233,859**
**14,213**|**Dec-24**
275,328
52,571
2,729
63,226
5,372
-858| |---|---|---| |||**398,366**
19,169
19,396
4,240
6,887
102,095
2,138| |||**153,924**| |||**244,442**
105,979
4,710
2,120
27,400
707
233
1,094| |||**142,243**
13,087
168
1,198
8,820
1,402
3,428
1,012
2,624
179
1,198
828| |||**33,944**| |||**176,186**| |||**68,256**| Page | 1 URBOND Charity Registration Number: 1184273 ## **Statement of Assets and Liabilities** |**Current Assets**
**Fixed Assets**
Office Equipment and IT
Accumulated Depreciation
Fixtures and Fittings
Accumulated Depreciation
Motor Vehicles
Accumulated Depreciation
Plant and Equipment
Accumulated Depreciation
**Total Fixed Assets**
**Cash Funds, Cash at Bank**
Current - URBOND A/C
Current - URBOND Guinea A/C
Reserves as per policy
**Total Bank**
**Current Assets**
Trade Debtors
Prepayments
**Net Current Assets**
**Current Liabilities**
Trade Creditors
Accruals
Taxes and Other Statutory Sums
VAT
Loan - Minibus
**Net Current Liabilities: Falling Due within One Year**
**Total Net Assets/ (Liabilities)**
**Funds**
Unrestricted Funds
Restricted Funds
**Total Funds**
**Reconcilliation of Funds**
**Funds**
Total Funds Brought Forwards
Net Income
**Total Funds Carried Forwards**|**Dec-25**
23,343
-13,918
12,336
-3,292
22,625
-6,128
1,783
-30
**36,720**
62,005
4,136
100,000
**166,142**
2,042
263
**2,304**
**168,446**
9,828
477
1,701
-11,513
12,000
**12,494**
**155,953**
24,894
166,785
**191,679**
**Dec-25**
**177,466**
14,213
**191,679**|**Dec-24**
17,480
-6,872
4,097
-728
22,625
-471| |---|---|---| |||**36,131**
53,639
30,852
100,000| |||**184,491**
-150| |||-150| |||**184,341**
1,973
35,019
-5,986
12,000| |||**43,006**| |||| |||**141,335**| |||123,459
54,007| |||**177,466**| |||**Dec-24**
**109,210**
68,256| |||**177,466**| Page | 2 URBOND Charity Registration Number: 1184273 ## **Reserved Funds Reconciliation** |**Income**
Community Sports
Community Workshops
Foodbank
**Total Community Projects**
Child Education
Child Sponsorship
Volunteer Visit
**Total Guinea Projects**
Holiday (Out of Term) Activities
Social Events
Women's Empowerment
Youth Activities
Youth Club
Youth Sports
Youth Workshop
**Total Youth Projects**
Combined Project Funding **
Other Income
**Total Income**
**Direct Expenditure**
Materials, equipment, etc
Venue Hire
Professional Fees
Marketing
Project Specific Expenditure
Fundraising
**Gross Surplus / (Deficit)**|**Unreserved Funds**
**Reserved Funds**
**Total**
112
112
1,075
1,075
0| |---|---| ||**1,187**
**0**
**1,187**
22,000
5,707
27,707
758
700
1,458
8,710
8,710| ||**22,758**
**15,117**
**37,875**
0
201
201
0| ||**201**
**0**
**201**
0
0
60
3,115
3,175
29,745
29,745| ||**60**
**32,860**
**32,920**
1,719
273,540**275,259**
31,883
**31,883**| ||**57,808**
**321,517 379,325**
10,459
11,213
21,673
7,618
12,404
20,022
3,675
0
3,675
343
210
553
33,307
50,739
84,046
1,284
0
1,284| ||**56,686**
**74,566 131,252**| ||**1,122**
**246,951 248,072**| Page | 3 URBOND Charity Registration Number: 1184273 ## **Reserved Funds Reconciliation (cont)** |**Indirect Expenditure**
**_Staff Costs_**
Gross Pay
Employers NI
Pension Contributions
Casual Labour
Staff Welfare
Clothing, Uniform, PPE
Training and Development
**_Other Overheads_**
Rent and Rates
Heat and Light
Travel and Entertainment
Travel - Motor Costs
Marketing
Bank Charges
Software and IT Expenses
Depreciation
Insurance
Legal and Professional Fees
Printing, Postage and Stationery
Telephone and Internet
Repairs and Renewals
**Total Expenditure**
**Net Income/ (Expenditure)**
**Funds BFWD**
**Funds CFWD ++**|**Unreserved Funds**
**Reserved Funds**
**Total**
48,830
73,244 122,074
-1,129
-1,694
-2,823
1,127
1,691
2,818
7,774
21,760
29,534
526
895
1,421
508
504
1,012
47
0
47| |---|---| ||**57,682**
**96,400 154,083**
3,215
11,726
14,941
2,025
4,880
6,905
3,472
8,799
12,271
1,026
1,140
2,167
2,397
0
2,397
20
0
20
6,245
4,417
10,662
15,296
0
15,296
1,803
1,807
3,610
3,199
0
3,199
353
356
710
516
900
1,416
2,436
3,747
6,183| ||**42,004**
**37,773**
**79,777**| ||**99,687**
**134,173 233,859**| ||**-98,565**
**112,778**
**14,213**| ||**123,459**
**54,007 177,466**| ||**24,894**
**166,785 191,679**| ** Combined Project Funding relates to income where a single sum relates to multiple Projects and does not specify the specific breakdown therein. ++ Restricted Funds CFWD relate to ongoing Project expenditure for long-term projects as agreed within the original funding application Page | 4 URBOND Charity Registration Number: 1184273 ## **Notes to the Financial Statements** ## **1.** Accounting Policies The Financial Statements have been prepared on the accrual basis in accordance with the SORP FRS 102 Charity Act 2011 ## **2.** Fund Accounting Unrestricted Funds can only be used in accordance with the Charity objectives at the direction of the Trustees. Restricted Funds can only be used for particular purposes within the objectives of the Charity. Restrictions arise when specified by the donor or, when funds are raised for a particular restricted purpose. ## **3.** Major Donors Donors contributing towards funding through the year of sums more than £5,000 are as follows: |National Lottery
PCC
Southampton General Hospital
GRP Solutions
BBC Children In Need
The Blagrave Trust
Hampshire Police and Crime Commissioner|£102,294
£105,247
£29,745
£22,000
£28,000
£16,000
£14,106| |---|---| ||**£317,392**| ## **4.** Fixed Assets Assets are valued at the original cost and depreciation applied to reflect the expected workinglifespan and potential final value as follows: |•|Office Equipment and IT:|3 Years Straight Line| |---|---|---| |•|Fixtures and Fittings:|5 Years Straight Line| |•|Motor Vehicles:|4 Years Straight Line| |•|Plant and Equipment:|5 Years Straight Line| ## **5.** Restricted Funds Restricted Funds can only be used for particular purposes within the objectives of the Charity. Restrictions arise when specified by the donor or, when funds are raised for a particular restricted purpose. ## **6.** Taxation The Charity is exempt from tax on its charitable activities. ## **7.** Trustee Expenses The Trustees settled _out of pocket_ expenses personally. No Trustees were in receipt of remuneration or other benefits arising from employment with URBOND. ## **8.** Related Party Transactions A Trustee was employed by the Charity for the provision of support services related to specific project delivery on a part-time basis; employment was discussed and approved by the Board and commenced effective 1[st] August 2025. Total remuneration amounted to £3,461.53. Page | 5 URBOND Charity Registration Number: 1184273 **9.** Accounting, Independent Examination and Other Financial Service Fees - £1,787.50 has been paid for the period under review. The Charity’s Trustees are responsible for the preparation of the accounts. The Trustees consider that an independent examination is required for the year in review. The Trustees have adhered to the General Directions and Advice provided by the Charity Commission to the best of their ability and knowledge. ## **SIGNED ON BEHALF OF THE BOARD OF TRUSTEES** ## Kingsley Digby ______________________________________ Name and Position ______________________________________ Signed ## 25/04/2026 _____________________________________ Date Page | 6 ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees** Charity Name URBOND **On accounts for the year** 31[st] December 2025 **Charity no** 1184273 **ended (if any) Set out on pages** ONE (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/12/2025.** As the charity's trustees, you are responsible for the preparation of the accounts in **Responsibilities and** accordance with the requirements of the Charities Act 2011 (“the Act”). **basis of report** I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent examiner's statement** The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of The Institute of Certified Bookkeepers and, an Affiliated Member of the Association of Charity Independent Examiners _._ I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. **Date:** 25/03/2026 **Signed: Name:** Jonathan Kemp **Relevant professional** MICB (Member, Institute of Certified Bookkeepers) 346038 **qualification(s) or body** Affiliate Member, Association of Charity Independent Examiners **(if any): Address:** TB3 Little Tapnage, Titchfield Lane, Fareham, Hampshire, PO17 5PQ 1 **Oct 2018** **IER**