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2025-07-31-accounts

Charity registration number 1185137

SPEAK LIFE

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

SPEAK LIFE

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mrs Y Ibbett
Pastor R Owen
Mr P Bhogal
Mr S Foster
Ms S Macaly
Mr G Albans
Dr M MacBean (Appointed 12 November 2024)
Ms K Malcolm
Charity number 1185137
Principal address 13 Lismore Road
Eastbourne
East Sussex
BN21 3AY
Independent examiner G D Message FCA
30-32 Gildredge Road
Eastbourne
East Sussex
BN21 4SH

SPEAK LIFE

CONTENTS

Page
Trustees report 1 - 5
Independent examiner's report 6 - 7
Statement of financial activities 8
Balance sheet 9
Notes to the financial statements 10 - 23

SPEAK LIFE

TRUSTEES REPORT FOR THE YEAR ENDED 31 JULY 2025

The trustees present their annual report and financial statements for the year ended 31 July 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Deeds of Association, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

Founded in 1952 as the ‘The Hour of Revival Association’ (charity number 232509) Speak Life registered as a CIO in 2019 (charity number 1185137).

Speak Life's vision is to captivate both church and world with the love of Jesus.

The Charity’s objective is the advancement of the Christian faith, through (but not exclusively through):-

The trustees have paid due regard to general guidance on public benefit issued by the Charity Commission in deciding what activities the Charity should undertake.

Achievements and performance

All figures relate to the 12-month period ending 31 July 2025, unless otherwise stated.

321 Course and Podcast

“a fantastically fresh and creative course that awakens faith and/or curiosity in all.”

The 321 Course is a digital gospel proclamation, which helps people discover life according to Jesus. It contains 8 episodes and is free to use. Since its launch in October 2023 28,691 people have enrolled to 321, with the 321 app being downloaded 7,788 times. In July 64% of users were using the course alone, with 13.6% one-to-one with a Christian or seeker. The majority of users are from within the UK (64.5%) with interest also being found in the US (13.3%) Australia (9.9%) and Canada (2.3%).

The 321 course can also be accessed in-person through the local church. Since its launch we have received 2,394 enquiries to host a 321 course, with 737 courses having been held so far. We have received 175 completed feedback forms from hosts showing that 121 people have become Christians, with a further 164 people attending church. Scaling this up across all 737 courses that have taken place it is estimated that 509 people have become Christian and 694 are now attending church as a result of a 321 in-person course.

The 321 Church Finder has been developed and launched, helping online users connect with their local church. Currently 542 churches have joined this service. Also the 321 Podcast was filmed, which saw Glen joined on camera by Graham Albans and Swarzy Macaly.

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

SPEAK LIFE

Online

Speak Life continues to look at all of life through the lens of Jesus, releasing 128 videos across our two YouTube channels - Glen Scrivener (Speak Life) and Reformed Mythologist. Interest in our main channel, Glen Scrivener (Speak Life), channel has continued to grow with subscribers increasing from 44,703 to 72,290. The channel had over 4 million views this year, which accounts for 40.8% of the 9.8 million views in the channel's 10 year lifetime. The annual watch hours reached 407,964 hours, 35.6% of the channel's lifetime watch hours (1,146,891). In the same period Reformed Mythologist subscribers increased from 2,308 to 8,413, with 400,000 views and over 27,000 watch hours.

At the end of July 2025 Speak Life had 21,731 followers on Facebook. During the 24/25 year Speak Life invested in its social media presence, with a focus on Instagram. Followers on Insta have increased by over 10k to 13,223, with over 5 million views in the period, a marked increase when compared to the channel's 330k view history between 2015 and the start of 2024.

The Speak Life podcast has been downloaded 940,419 times in its lifetime. This year downloads have averaged 23,323 per month.

Our Discord server, an online community space for people to ask questions and have faith filled conversations, had 1,673 users by July 2025 . Discord is proving very beneficial to those completing the 321 course. Discord also allows people to access ‘Ask Glen Anything’ a time where Glen joins people online to answer questions they may have.

Speaking

Nate Morgan Locke (Creative Director) and Glen Scrivener (CEO and Evangelism Director) have continued to proclaim the Good News of Jesus, speaking at 61 in-person and 28 online engagements. Highlights from this year's speaking calendar include Glen being invited to speak at Prom Praise Wonder on 3rd May, at the Royal Albert Hall, and his debate with humanist chaplain James Croft at the University of Sussex. Nate also spoke at Keswick Unconventional and Hutchmoot UK.

Whilst the majority of our speaking engagements were within the UK, Glen also spent two weeks undertaking a speaking tour in Australia during August 2024 and spoke at Apologetics Canada in November 2024. Nate spoke in Florida at the end of March 2025.

Writing and communications

‘How to Speak Life; How to share your faith in 321’ was released in October 2024. Glen continues to write articles for Evangelicals Now and the Keller Centre for Cultural Apologetics.

Speak Life has a number of regular communications. The Speak Life Daily is sent out quarterly to 1,387 people. The SLD shines light on good news stories from both within Speak Life and also mission minded organisations across the world.

Our email communications, the Weekly Round-up and quarterly BTS, go out to 3,053 and 706 supporters respectively.

SPEAK LIFE

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

In-person events and partnership

We held a 48 hour training “Intensive” in January which saw over 30 people access training and build community at our Eastbourne studios.

We exhibited at a number of conferences, including Keswick (Week 3), the FIEC Leaders conference, London Mission and Bible by the Beach. The Eastbourne Street Pastors continue to make use of the Lounge as a prayer space each weekend.

Looking forward

We have also spent time this year planning and marketing the Responding to the Rebirth conference, taking place on Saturday 22nd November 2025 in London, with in-person tickets selling out in this period. In the coming year, we will welcome a new Evangelist, Naomi Brehm, in September 2025 on a 12 month contract. We are also planning to complete the set re-design, commission independent research to understand the effectiveness of our 321 evangelistic course and continue vital work to improve our back office systems and further strengthen our charity’s governance.

Data Protection

We take seriously our commitments under the General Data Protection Regulations. Our Privacy Notice can be found on our website.

Designated funds

There are currently no designated funds.

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

SPEAK LIFE

Financial review

We are pleased to report that our financial position remains robust, ending the year with a surplus of income over expenditure of £112,376 (2024: £68,277). This was the result of reduced expenditure (notably repairs to the front elevation being postponed whilst we await planning permission), coupled with the benefit of legacy gifts totalling £84,965, increased trust involvement and a match-funded giving appeal - which increased our regular Foundation Giving Partners by 35 to a total of 342.

We continue to hold sufficient reserves to more than fulfil our reserves policy. It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three to six months' expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the period. We see additional unrestricted funds in excess of those required by the reserves policy as funding for the planned growth of the ministry, for example the recruitment of additional staff such as a new Evangelist (September 2025), further development of the 321 course and increased investment in marketing 321.

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

The organisation intends continuing with its current activities – with particular emphasis on further development of 321 and the online platform, creating online content and increasing engagement with its supporters, introducing a new evangelist, development of the studio and podcast and hosting the RttR Conference - to further meet its objectives in the future.

Structure, governance and management

The trustees who served during the year and up to the date of signature of the financial statements were: Mrs Y Ibbett

Pastor R Owen Mr P Bhogal Mr S Foster Ms S Macaly Mr G Albans Dr M MacBean (Appointed 12 November 2024) Ms K Malcolm

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

Staff (Trustees, Management, Staff & Volunteers)

At the start of the financial year ten staff (8.87 FTE) were employed by Speak Life, with Rev Glen Scrivener continuing on as CEO and Evangelism Director. During the 12-month period two additional team members were appointed, and one member of staff's hours were increased.

As of 31 July 2025 twelve staff (11.02 FTE) were employed by Speak Life.

SPEAK LIFE

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

Asset cover for funds

While the Charity relies on continuing donations, legacies, covenants and other voluntary income to meet its expenses, the assets held at 31 July 2025 are considered to be adequate for the needs of the Charity.

The trustees report was approved by the Board of Trustees.

Mrs Y Ibbett

Trustee Dated: 5 February 2026

SPEAK LIFE

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SPEAK LIFE

I report to the trustees on my examination of the financial statements of Speak Life (the charity) for the year ended 31 July 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

SPEAK LIFE

INDEPENDENT EXAMINER'S REPORT (CONTINUED) TO THE TRUSTEES OF SPEAK LIFE

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 financial statements to be reached.

G D Message FCA

G D Message FCA

Price & Company 30-32 Gildredge Road Eastbourne East Sussex BN21 4SH

Dated: 5 February 2026

SPEAK LIFE

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 JULY 2025

Unrestricted
Restricted
funds
funds
2025
2025
Notes
£
£
Income and endowments from:
Donations and
legacies
2
442,032
26,381
Charitable activities
3
23,000
160,300
Investments
4
2,553
-
Other income
5
51,218
-
Total income
518,803
186,681
Expenditure on:
Charitable activities
6
502,230
90,878
Total expenditure
502,230
90,878
Net income
16,573
95,803
Transfers between
funds
35,394
(35,394)
Net movement in
funds
8
51,967
60,409
Reconciliation of funds:
Fund balances at 1 August
2024
408,579
57,227
Fund balances at 31 July
2025
460,546
117,636		 Total Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
468,413
391,335
40,612
183,300
38,000
64,680
2,553
2,434
-
51,218
27,657
-
705,484
459,426
105,292
593,108
398,760
97,681
593,108
398,760
97,681
112,376
60,666
7,611
-
16,563
(16,563)
112,376
77,229
(8,952)
465,806
331,350
66,179
578,182
408,579
57,227		 Total
2024
£
431,947
102,680
2,434
27,657
564,718
496,441
496,441
68,277
-
68,277
397,529
465,806

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

SPEAK LIFE

BALANCE SHEET AS AT 31 JULY 2025

Notes
Fixed assets
Tangible assets
12
Current assets
Stocks
13
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due within
one year
15
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
17
Unrestricted funds - general		 2025
£
6,754
44,320
471,860
522,934
(29,034)		 £
84,282
493,900
578,182
117,636
460,546
578,182		 2024
£
6,595
32,483
369,352
408,430
(21,693)		 £
79,069
386,737
465,806
57,227
408,579
465,806

The financial statements were approved by the Trustees on 5 February 2026

Mrs Y Ibbett Trustee

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

SPEAK LIFE

1 Accounting policies

Charity information

Speak Life is a Charitable Incorporated Organisation (CIO) formed by Hour of Revival Association on 1st April 2020. All asset and liabilities were transferred from Hour of Revival on that date. The principal address is 13 Lismore Road, Eastbourne, East Sussex, BN21 3AY.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's constitution, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

SPEAK LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

1 Accounting policies (Continued)

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Income from grants are recognised at fair value when the charity has entitlement after any performance considerations have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.

1.5 Expenditure

All expenditure is accounted for on an accruals basis and has been classified under heading that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. All expenditure including support costs and governance costs are allocated or apportioned to the applicable expenditure headings, as noted below.

Support costs are those that assist the work of the Charity but do not directly represent charitable activities and include office costs. These are incurred directly in support of expenditure on the objectives of the Charity. Where the support costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources.

Governance costs comprise of all costs involving public accountability of the Charity and its compliance with regulation and good practice. These costs include costs relating to the independent examination of the Charities accounts and legal fees. Where they cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of the resources.

SPEAK LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

1 Accounting policies (Continued)

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings 2% straight line Studio equipment 25% straight line Fixtures, fittings and equipment 25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

SPEAK LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

2 Donations and legacies

Unrestricted
Restricted
Total Unrestricted
Restricted
funds
funds
funds
funds
general
general
2025
2025
2025
2024
2024
£
£
£
£
£
Donations and gifts
357,067
26,381
383,448
324,838
40,612
Legacies receivable
84,965
-
84,965
66,497
-
442,032
26,381
468,413
391,335
40,612
Income from charitable activities
Unrestricted
Restricted
Total Unrestricted
Restricted
funds
funds
funds
funds
2025
2025
2025
2024
2024
£
£
£
£
£
Grants receivable
Performance related
grants
23,000
160,300
183,300
38,000
64,680		 Total
2024
£
365,450
66,497
431,947
Total
2024
£
102,680

3 Income from charitable activities

4 Income from investments

**Unrestricted ** Unrestricted
funds funds
2025 2024
£ £
Interest receivable 2,553 2,434

SPEAK LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

5 Other income

Unrestricted Unrestricted
funds funds
general general
2025 2024
£ £
Consultancy fee - 5,985
Book sales and royalties 29,535 21,672
Speak Life event 21,683 -
51,218 27,657

SPEAK LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

6 Charitable activities

Evangelism
& Mission
Admin &
Operations
2025
2025
£
£
Staff costs
127,994
64,866
Depreciation
and
impairment
400
-
Books &
merch given
as gifts
326
9
Mailshots
and Speak
Life Daily
-
-
Events and
conferences
645
-
Media and
production
costs
3,886
-
Giving and
grants
14,309
206
Other costs
9,214
380
Foundry
expenses
-
-
156,774
65,461
Share of
support
costs (see
note 7)
27,463
11,438
Share of
governance
costs (see
note 7)
2,640
-
186,877
76,899		 Prayer
Centre
Courses and
Online
Learning
Platform
Supporter
Engagement
and
Fundraising
2025
2025
2025
£
£
£
-
89,738
109,653
401
-
-
-
-
-
-
-
17,536
-
158
6,053
-
55,161
260
-
-
728
-
-
718
-
-
-
401
145,057
134,948
-
25,346
23,580
-
-
-
401
170,403
158,528		 Total
2025
£
392,251
801
335
17,536
6,856
59,307
15,243
10,312
-
502,641
87,827
2,640
593,108		 Total
2024
£
237,314
2,413
769
17,297
13,515
54,183
12,788
10,827
5,402
354,508
138,645
3,288
496,441

SPEAK LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

6 Charitable activities (Continued)

Analysis
by fund
Unrestricted
funds -
general
149,435
76,899
-
Restricted
funds
37,442
-
401
186,877
76,899
401
For the period ended 31 July 2024
Evangelism
& Mission
Admin &
Operations
£
£
Staff costs
63,525
22,147
Depreciation and
impairment
2,012
-
Books & merch given as
gifts
769
-
Mailshots and Speak Life
Daily
17,297
-
Events and conferences
1,366
4,821
Media and production
costs
7,538
-
Giving and grants
12,328
375
Other costs
(515)
509
Foundry expenses
-
-
104,320
27,852
Share of support costs
(see note 7)
40,956
10,893
Share of governance costs
(see note 7)
3,288
-
148,564
38,745		 131,685
38,718
170,403
Prayer
Centre
£
-
401
-
-
-
-
-
-
-
401
-
-
401		 144,211
502,230
14,317
90,878
158,528
593,108
The
Foundry
Courses and
Online
Learning
Platform
£
£
82,384
69,258
-
-
-
-
-
-
-
7,328
-
46,645
-
85
-
10,833
5,402
-
87,786
134,149
34,332
52,464
-
-
122,118
186,613		 398,760
97,681
496,441
Total
2024
£
237,314
2,413
769
17,297
13,515
54,183
12,788
10,827
5,402
354,508
138,645
3,288
496,441

SPEAK LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

6 Charitable activities (Continued)

Analysis by fund
Unrestricted funds -
general
Restricted funds
7
Support costs
Staff costs
Depreciation
Building costs
Office costs
Administration costs
Vehicle costs
Other personnel costs
Accountancy
Independent
examination fee
Analysed between
Charitable activities		 125,478
25,108
23,086
13,637
148,564
38,745
Support
costs
Governance
costs
£
£
20,445
-
7,391
-
32,006
-
12,769
-
11,974
-
(654)
-
3,896
-
-
-
-
2,640
87,827
2,640
87,827
2,640		 -
401
401
2025
£
20,445
7,391
32,006
12,769
11,974
(654)
3,896
-
2,640
90,467
90,467		 119,761
128,413
2,357
58,200
122,118
186,613
Support
costs
Governance
costs
£
£
84,719
-
5,772
-
27,576
-
9,339
-
6,808
-
594
-
3,837
-
-
648
-
2,640
138,645
3,288
138,645
3,288		 398,760
97,681
496,441
2024
£
84,719
5,772
27,576
9,339
6,808
594
3,837
648
2,640
141,933
141,933

Governance costs includes payments to the independent examiners of £2,640 (2024: £2,640) for independent examination fees.

8 Net movement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Depreciation of owned tangible fixed assets 8,192 8,185

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

SPEAK LIFE

9 Trustees

None of the trustees (or any persons connected with them) received any remuneration during the year, but Graham Albans and Swarzy Macaly were paid £500 each for their work presenting the 321 Podcast. This was considered fair value for the work being completed.

Expenses of £2,254 (2024: £3,072) were reimbursed to trustees in the year. This included travel, subsistence and accommodation expenses. All trustees were reimbursed for expenses in the year.

10 Employees

The average monthly number of employees during the year was:

Administration and ministry
Employment costs
Wages and salaries
Social security costs
Other pension costs		 2025
Number
11
2025
£
368,554
29,834
14,308
412,696		 2024
Number
9
2024
£
287,482
23,261
11,290
322,033

There were no employees whose annual remuneration was £60,000 or more.

11 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

SPEAK LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

12
Tangible fixed assets
Freehold land
and buildings
Studio
equipment
£
£
Cost
At 1 August 2024
81,516
18,337
Additions
-
2,224
At 31 July 2025
81,516
20,561
Depreciation and impairment
At 1 August 2024
7,064
14,575
Depreciation charged in the year
1,630
3,419
At 31 July 2025
8,694
17,994
Carrying amount
At 31 July 2025
72,822
2,567
At 31 July 2024
74,452
3,762
13
Stocks
Finished goods and goods for resale
14
Debtors
Amounts falling due within one year:
Other debtors
Prepayments and accrued income		 Fixtures,
fittings and
equipment
£
12,998
11,181
24,179
12,143
3,143
15,286
8,893
855
2025
£
6,754
2025
£
32,656
11,664
44,320		 Total
£
112,851
13,405
126,256
33,782
8,192
41,974
84,282
79,069
2024
£
6,595
2024
£
23,320
9,163
32,483

SPEAK LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

15 Creditors: amounts falling due within one year

15
Creditors: amounts falling due within one year
Trade creditors
Other creditors
Accruals and deferred income
16
Retirement benefit schemes
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes		 2025
£
14,036
9,516
5,482
29,034
2025
£
14,308		 2024
£
10,506
6,150
5,037
21,693
2024
£
11,290

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

SPEAK LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

17 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

they may be used.
Movement in funds Movement in funds
Balance at 1 Incoming Resources Transfers Balance at Incoming Resources Transfers Balance at
April 2023 resources expended 1 August 2024 resources expended 31 July 2025
£ £ £ £ £ £ £ £ £
Staffing - Courses - Marketing - - - - - 15,000 (15,000) - -
Speak Life Centre 21,668 - (401) - 21,267 - (401) - 20,866
Training Support - - - - - 280 (280) - -
Christmas Projects 17,490 52 (5,400) - 12,142 - - - 12,142
Media and Outreach - 20,010 (20,010) - - 76,513 (34,841) - 41,672
Staff Salaried - - - - - 2,800 - - 2,800
Staffing - Marketing 2,209 11,500 (13,709) - - - - - -
Three-Two-One 12,625 15,000 (27,625) - - 7,500 (7,500) - -
Gifts International 423 180 - - 603 - (603) - -
Studio - - (1,612) 1,612 - 16,467 (2,640) - 13,827
Staffing - Admin - Marketing 2,465 8,500 (9,567) - 1,398 5,000 (6,398) - -
Three-Two-One - Production 4,388 - (4,388) - - - - - -
Hosting (Previously Learnworlds) 3,048 4,008 (4,583) - 2,473 - (2,473) - -
Writing - 437 - - 437 - (437) - -

SPEAK LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

17 Restricted funds (Continued)

Equipment
Match funding pot - Christmas
Match funding pot - Join the Joy!
Digital Marketing
Course Development - Non 321		 1,863
-
-
-
-
66,179		 -
32,242
-
9,821
3,542
105,292		 (565)
-
-
(9,821)
-
(97,681)		 -
(18,175)
-
-
-
(16,563)		 1,298
14,067
-
-
3,542
57,227		 -
-
42,500
20,000
621
186,681		 (849)
-
-
(19,006)
(450)
(90,878)		 -
(14,067)
(21,327)
-
-
(35,394)		 449
-
21,173
994
3,713
117,636

SPEAK LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

18 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2025
2025
£
£
At 31 July 2025:
Tangible assets
66,111
18,171
Current assets/(liabilities)
394,435
99,465
460,546
117,636
Unrestricted
Restricted
funds
funds
2024
2024
£
£
At 31 July 2024:
Tangible assets
60,097
18,972
Current assets/(liabilities)
348,482
38,255
408,579
57,227		 Total
2025
£
84,282
493,900
578,182
Total
2024
£
79,069
386,737
465,806

19 Related party transactions

There were no disclosable related party transactions during the year, other than those disclosed on note 9.