Oyrl
25
pacl.
WorKingOplions
IN EDUCATION
Cyfleoed
MEWN ADDYSG

## **Contents of the Financial Statements for the Year Ended 31 December 2025** 

**Page 1 to 13** Report of the Trustees **14** Independent Examiner's Report **15** Statement of Financial Activities **16 to 17** Balance Sheet **18** Cash Flow Statement **19** Notes to the Cash Flow Statement **20 to 26** Notes to the Financial Statements **27 to 29** Detailed Statement of Financial Activities 

## **Report of the Trustees for the Year Ended 31 December 2025** 

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of 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). 

**Skills Workshop, Coventry, led by Partners&. staff** 



**Working Options supports state school students to transform their career and life chances. Our ambition is to reach all young people in the UK aged 11-19, helping to remove barriers to social mobility and creating a more productive and prosperous society, with more equal access to opportunities.** 

Many young people struggle to access career breaks and build career and life success. This is often not an issue of talent or potential. The opportunity gap is often due to limited awareness or understanding of career options and a lack of confidence. These barriers perpetuate cycles of untapped potential, low achievement, restricted social mobility, and ultimately inequality. This negatively impacts young people’s futures, the accessible talent pool for business, and overall long-term UK productivity. Almost one million UK young people are currently neither earning nor learning. 

This is a waste, in every way. 

Working Options in Education Registered charity no. 1185696 Bridge House, 2 Bridge Avenue, Maidenhead, SL6 1R 

**The Future of Work, Google & Google.org, May 2025, London** 

1 



## **OBJECTIVES & ACTIVITES** 


**The purposes of the charity as set out in its governing document are:** 

_To advance in life and relieve needs of young people aged 14 to 18 in England and Wales through support and training to develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals, helping them realise their full potential and equipping them with life and employability skills._ 

Working Options Trustees are informed of the Charity Commission’s public benefit guidance and consider it when making decisions to which the guidance is relevant. 

**Alternative Work Experience Pilot: Walker Agency July 2025 Luton** 


2 







## **The charity’s main activities in pursuit of its charitable purpose are:** 

## **1.Industry Insight sessions** 

Volunteers from a range of industries tell their stories and share insights about their sector, business, and career journey. 

## **2. Digital content** 

TikTok and YouTube videos give viewers an insight into careers, creating ‘lightbulb moments’ which inspire them to learn more. 

## **3. Skills workshops** 

Accredited by Skills Builder, across six different areas – teamwork, communication, interviews, problem-solving, networking and creativity. 

## **4. Taster Days** 

Hosted by businesses, these events give first-hand experience of work environments and those working in them. 

## **5. Inclusion Network events** 

Held in industry settings, we connect young people directly with future employers. 

## **6. Employment experiences** 

Connecting young people with employers who offer work experience and paid internships, and new for 2025, offering a week-long hybrid work experience programme centred on a challenge delivered inperson and online. 

## **7. Mentoring** 

We train mentors and match them with young people who are interested in their area of specialism. We support them to maintain lively and productive mentoring conversations. 


3 



## 6 **critical success factors** 

**We believe there are six critical success factors for young people in transforming their life chances.** 

We encourage young people to develop these attributes and to take control of their career outcomes by identifying their chosen career path and believing in themselves to turn their potential into performance. 

**HIGH WORK POSITIVE STANDARDS THINKING HARD WORK SELF-LEARNING NETWORKING PERSEVERANCE** 

4 1 



## **KEY PERFORMANCE INDICATORS AND RESULTS** 

We are proud of our organisational performance in 2025. Our success criteria for the reporting period were to: 

|**TARGET**||**RESULT**|
|---|---|---|
|**1. Reach 26,000 young people with**<br>**Working Options’ careers sessions**|**=**|**1. We reached 32,000 young people with**<br>**Working Options’ careers sessions**|
|**2. Gain 10 million views of our digital**<br>**careers content**|**=**|**2. Our content received 13.7 million**<br>**views**|
|**3. Achieve 100,000 actions from young**<br>**people in response to our digital**|**=**|**3. We achieved 125,000 actions from**<br>**young people**|
|**content (likes, comments, bookmarks)**|||
|**4. Raise £527,000**|**=**|**4. We raised £611,627**|






**Top: Bridgend | Middle: PAI Partners | Bottom: Work & Class** 

5 

2 



## **ACHIEVEMENTS & PERFORMANCE** 

In 2024, we launched our Wales Accelerator, generously funded by the Moondance Foundation for 5 years; a new model of delivery which has enabled us to intensify our work across Wales. In 2025, funded by the Connolly Foundation we launched a second regional accelerator in Bedfordshire, the county in which the charity was founded. In 2025 these two accelerators enabled us to reach 14,811 young people (12,476 in Wales and 2,335 in Bedfordshire), with 4 staff deployed across Wales and 1 in Bedfordshire. Regional accelerators are enabling the charity to gather support and gain momentum across local areas. We have invested further time and resources to pursuing this strategy for growth. 

Our main achievements in 2025 were reaching 90,000 young people (32,000 with Working Options careers sessions and 58,000 with personal development sessions through our partnership with Inner Spark). We deployed 501 volunteers who gave 597 hours in total to our work. Our team facilitated 702 sessions in-schools (97% were in-person) and in business settings and provided intensive support for 144 young people (mentoring, work experience, internships). 

Our digital careers content (TikTok and YouTube) reached 3.5 million young people, achieving 13.7 million views and 125,000 likes, comments and bookmarks. 


**young people in schools, business** 90,000 **settings and at our events 23% on 2024** £5.15 **Per young person =** 

£5.15 


**Including** 12,476 **in Wales** 

597 **Hours of support for young people and Schools** 

**and Schools** 501 702 **Volunteers Sessions & events young people reached** 3.5 million+ **online through our digital 59 content on 2024** 

6 



We gather feedback from teachers following sessions, and in 2025 100% teachers reported that our Skills Workshops helped students to improve their skills (Teamwork Skills, Presentation Skills, Interview Skills, Problem Solving Skills). Our Industry Insight sessions help young people to develop their confidence about careers and their awareness of the skills, qualities and attributes employers look for (89% teachers). Again in 2025, 100% of teachers we worked with said they would recommend Working Options. 

Through our interactions with young people, we see clearly the journey they take with us through interacting with our sessions, events and content. Working Options participants build confidence through understanding their options and become comfortable interacting with professionals through our networking events and mentoring. We work closely with teachers to make sure we provide sessions and opportunities that are relevant to each young person's interests. 

## **Our most impactful year ever** 

This care, together with the support and constructive challenge our team gives students during events and sessions means that students know we have high expectations of them and that engaging with our work will benefit them. During the year we faced new difficulties capturing impact data directly from students, not least because of school mobile phone bans which mean students are not able to access online surveys in-the-moment and highly unlikely to complete them after they have left a session. Improving our impact measurement is a key priority for 2026 as we have strong anecdotal evidence of impact and it is important that we are able to translate that into measurable quantitative evidence. 

In 2025 we were delighted to secure additional funding for our work in Wales in the second half of the year from the Moondance Foundation, Cardo Group and Linklaters. This funding enabled us to appoint additional staff to secure school partnerships and onboard more volunteers, and to further scale our staff team for 2026. We have established a mutually beneficial arrangement with Welsh charity STEM Cymru to appoint one of their delivery staff for two days per week in North Wales to help expand our work and ‘buy’ time made available from the end of one of their funding streams. In 2025 we also secured two new high-profile Ambassadors to help us expand our work in Wales. Ex Wales and Lions Rugby player Jonathan Davies joined us as an Ambassador in January, and Lord Carwyn Jones of Penybont joined us over the summer as our Strategic Advisor. 

**of our volunteers recommend working with us to their friends & colleagues** 

100% 

7 



## **Support from Google.org and Google continues to be hugely significant to our work.** 

We were delighted to secure a further two years of support from Google.org at the end of the reporting period to support further growth of our work 2026 and 2027. Google hosted a second highly impactful Working Options symposium on The Future of Work in May 2025 and at the end of the year confirmed their support for a third symposium in 2026. Having supported Google's innovative London AI Campus with mentoring delivery in 2025, we were delighted to be asked to extend our support to offer end-to-end mentoring delivery for their campus in 2026. 

During Quarter 2 of 2025 we mutually agreed to end our contract with delivery partners Inner Spark. While we have reached a high number of young people through our work with Inner Spark, the partnership was labour intensive and our trustees decided that giving our team 100% focus on arranging careers sessions was the best use of our charitable resources. 

During the reporting period, our main challenge was recruiting enough volunteers to place them in sessions requested by schools to achieve our ambitious targets. We are thrilled with the outcome for the year, particularly against a challenging external environment. Our success depends in large part on our ability to onboard enough volunteers and at the end of the year we decided to appoint our first ever Volunteer Manager to drive this growth to meet the demand we are seeing from schools in 2026 and beyond. 

8 



## **FINANCIAL REVIEW** 

**At the end of 2025, the Charity had secured income of £611,627 against expenditure of £561,220, resulting in year end reserves of £138,857.** 

**Reserves Policy Our reserves policy is to maintain a level of reserves sufficient to cover between three and six months of core and project operating costs. Based on our position at year end, our reserves provide coverage for approximately three months of operating expenditure. Our principal funding sources include businesses, which support the key objectives of the charity by providing access to volunteers, event facilities and other support, fundraising (individuals and events) which also serve the purpose of raising the profile of our work, and charitable trusts.** 

**Top: Work & Class Middle: Inspire Cardiff | Bottom: Google** 16 

9 15 



## **PLANS FOR FUTURE PERIODS** 

Working Options aims to support every young person in the UK aged 11 to 19 to achieve their potential. Following this reporting period the board intends to continue to grow the reach and impact of our work through digital careers content and in-person sessions delivered in schools and in business settings. 

We know that if a young person has four or more quality employer encounters while they are at school, they are 86% less likely to become NEET (not in employment, education or training) at 18. We intend to facilitate as many high-quality interactions with employers for each young person as possible. This means that our ambition is not only to grow our reach, but also the depth of our impact. In 2026 we intend to enhance our impact measurement to assess the impact of this new approach. 

To help us achieve this, we will continue to pursue our regional accelerator approach, successfully replicating our Wales Accelerator in new parts of the UK. We are also heavily focused on growing our work within our existing Accelerator regions and securing their sustainability beyond their current funding periods. 

We were delighted to secure a further two years of support from Google.org at the end of this reporting period. Funding for 2026 and 2027 will be focused on general growth of our work with a particular focus on taking digital careers content to the next level. We will build our ability to manage and distribute content, increase the number of videos each young person views, and the actions young people take after they have watched our careers videos (e.g. like, comment, bookmark). 

Trustees are excited about the coming year and keen to see evidence of impact of the approach to delivering multiple employer encounters as well as ensuring the organisation is geared up for further growth. 4 = 86% 

10 




## **STRUCTURE GOVERNANCE & MANAGEMENT** 

Working Options is constituted as a CIO Foundation. When selecting individuals for appointment as trustees, the board consider the skills, knowledge and experience needed for the effective running of the organisation and appoint new trustees through agreement with the entire board. 

The Board of Trustees delegates the day-to-day running of the organisation to a Leadership Team made up of a Chief Executive, Head of Programme and Head of Marketing, and a delivery team made up of Project Managers and Project Coordinators based around England and Wales, and a Digital Content Creator. 

The charity's key management personnel's pay is decided by the Board of Trustees following benchmarking exercises conducted across the third sector by the Chief Executive, considering organisations of similar size and purpose. 

11 



## **REFERENCE & ADMINISTRATIVE DETAILS** 

**Registered Charity number 1185696 Registered Company number CE019114 (England and Wales) Registered office: Bridge House, 2 Bridge Avenue, Maidenhead, Berkshire SL6 1RR** 

**Trustees: P Monk N Desai S Sadiq N Morris J M Sneddon (resigned 11.11.25) Ms A J Davis (appointed 11.11.25) Ms N S Khan (appointed 11.11.25).** 

**Company Secretary Independent Examiner** Katie Docherty, Peter Upton 

12 



## **REFERENCE & ADMINISTRATIVE DETAILS** 

The charity is registered with the Charity Commission for England and Wales as Working Options in Education, charity number 1185696 and is commonly referred to as Working Options. The organisation is registered as a company number CE019114, registered address is Bridge House, 2 Bridge Avenue, Maidenhead, Berkshire SL6 1RR. 

Trustees serving at the time this report was approved: Nigel Morris, Chair (from October 2025 onwards) Sufian Sadiq, President Paul Monk, Trustee Naynesh Desai, Trustee Andrea Davis, Trustee Nijma Khan, Trustee 

During the reporting period, Julie Sneddon also served as Chair from January to September 2025, handing over to the chair role to President Nigel Morris upon her departure. 

The trustees delegate day to day management of the charity to: 

Sue Maskrey, Chief Executive Claire McMaster, Head of Programme & Operations Susanna Plummer, Head of Marketing 

The charity’s solicitor is Chan Neill Solicitors LLP in Mayfair, Independent accounts reviewer Peter Upton Ltd, Maidenhead, and Bookkeeper Sandy Gwynn based in Berkshire. 

13 

2 



## **INDEPENDENT EXAMINERS REPORT** 

**Independent examiner's report to the trustees of Working Options in Education ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2025. 

## **Responsibilities and basis of report** 

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). 

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. 

## **Independent examiner's statement** 

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. 

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: 

- 1.accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 

- 2.the accounts do not accord with those records; or 

- 3.the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or 

- 4.the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 

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. 

## Katie Docherty 

The Association of Chartered Certified Accountants 

Peter Upton, Bridge House, 2 Bridge Avenue, Maidenhead, Berkshire SL6 1RR Date:05/08/26 

14 



- **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025** 

||||31.12.25||31.12.24|
|---|---|---|---|---|---|
|||Unrestricted fund|||Total funds|
||Notes||£||£|
|**INCOME AND ENDOWMENTS FROM**|2||619,628||424,410|
|Donations and legacies||||||
|**EXPENDITURE ON**|3||39,376||18,579|
|Raising funds||||||
|**Charitable activities**|4||512,982||476,701|
|Charitable activities||||||
|Other|||16,860||15,799|
|||||||
|**Total**|||569,218||511,079|
|||||||
|**NET INCOME/(EXPENDITURE)**|||50,410||(86,669 )|
|**RECONCILIATION OF FUNDS**|||88,450||175,119|
|Total funds brought forward||||||
|||||||
|**TOTAL FUNDS CARRIED FORWARD**|||138,860||88,450|
|||||||
|||||||



The notes form part of these financial statements 

15 



5 

## **BALANCE SHEET 31 DECEMBER 2025** 

||||31.12.25||31.12.24||
|---|---|---|---|---|---|---|
|||Unrestricted fund|||Total funds||
||||£||£||
||Notes||||||
|**FIXED ASSETS**|10||2,627||3,144||
|Tangible assets|||||||
|**CURRENT ASSETS**|.||.||.||
|Debtors|11||71269||3124||
|Investments|12||605,294||292,575||
|Cash at bank|||85,418||17,654||
||||||||
||||761,981||313,353||
|**CREDITORS**|||||||
|Amounts falling due within one|13||(625,748 )||(228,047 )||
|year|||||||
||||||||
|NET CURRENT ASSETS|||136,233||85,306||
||||||||
|TOTAL ASSETS LESS|||138,860||88,450||
|CURRENT LIABILITIES|||||||
||||||||
|NET ASSETS|||138,860||88,450||
||||||||
||||||||
|FUNDS|14||138,860||88,450||
|Unrestricted funds|||||||
|TOTAL FUNDS|||138,860||88,450||
||||||||
||||||||



The notes form part of these financial statements 

16 



## **BALANCE SHEET 31 DECEMBER 2025** 

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025. 

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. 

**The financial statements were approved by the Board of Trustees and authorised for issue on 06.07.26 and signed on its behalf by:** 

**Nigel Morris – Chair of Trustees** 

17 5 



- **CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025** 

|Notes|31.12.25<br>£<br>31.12.24<br>£|
|---|---|
|**Cash flows from operating activities**<br>Cash generated from operations<br>1|68,598<br>(568,842 )|
|Net cash provided by/(used in) operating activities|68,598<br>(568,842 )|
|**Cash flows from investing activities**<br>Purchase of tangible fixed assets|(834)<br>(4,003)|
|Net cash used in investing activities|(834)<br>(4,003)|
|||
|**Change in cash and cash equivalents in reporting**<br>**period**|67,764<br>(572,845 )|
|**Cash and cash equivalents at the beginning of the**<br>**reporting period**|17,654<br>590,499|
|**Cash and cash equivalents at the end of the**<br>**reporting period**|85,418<br>17,654|





The notes form part of these financial statements 

18 



**NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025** 

5 

## **1.RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES** 

|**OPERATING ACTIVITIES**|||||||
|---|---|---|---|---|---|---|
||||31.12.25||31.12.24||
||||£||£||
|**Net income/(expenditure) for the reporting period (as**<br>**per the Statement of Financial Activities)**|||50,410||(86,669 )||
|**Adjustments for:**|||.||.||
|Depreciation charges|||1351||1143||
|(Increase)/decrease in debtors|||(68,145 )||6,390||
|Increase/(decrease) in creditors|||84,982||(489,706 )||
||||||||
|**Net cash provided by/(used in) operations**|||68,598||(568,842 )||
||||||||
||||||||
|**.**|||||||
|**2. ANALYSIS OF CHANGES IN NET FUNDS**|||||||
||At|1.1.25|Cash flow||At 31.12.25||
|||£|£||£||
|**Net cash**|17,654||67,764||85,418||
|Cash at bank|||||||
||17,654||67,764||85,418||
||||||||
|**Liquid resources**|||||||
|Deposits included in cash||-|-||-||
|Current asset investments|292,575||312,719||605,294||
||||||||
||292,575||312,719||605,294||
||||||||
|**Total**|310,229||380,483||690,712||
||||||||



The notes form part of these financial statements 

19 



## **NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025** 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Tangible fixed assets** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

Office equipment 25% Straight Line 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **Pension costs and other post-retirement benefits** 

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme arecharged to the Statement of Financial Activities in the period to which they relate. 

## **Financial instruments** 

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments, which are initially recognised at transaction value and subsequently measured at their settlement value. 

20 

2 



## **NOTES TO THE FINANCIAL STATEMENT CONTINUED** 

## **2. DONATIONS AND LEGACIES** 

|Gifts|31.12.25<br>£<br>1<br>31.12.24<br>£<br>-|
|---|---|
|Donations|407,033<br>306,790|
|Grants|212,594<br>111,620|
|Sacla Scholarship Income|-<br>6,000|
||619,628<br>424,410|
|Grants received, included in the above, are as follows:||
|Other grants|31.12.25<br>£<br>212,594<br>31.12.24<br>£<br>111,620|




21 

2 



5 

## **NOTES CONTINUED** 

## **3. RAISING FUNDS** 

|**Raising donations and legacies**||||||
|---|---|---|---|---|---|
||||31.12.25||31.12.24|
||||£||£|
|Sundries|||(2)||-|
|Sacla Scholarship Expenditure|||-||12,000|
|Fundraising|||39,378||6,579|
|||||||
||||39,376||18,579|
|||||||
|||||||
|**4. CHARITABLE ACTIVITIES COSTS**||||||
||Direct<br>Costs|Support costs<br>(see<br>note 5)|||Totals|
|Charitable activities|£511,047||£1,935||£512,982|
|||||||
|||||||
|**5. SUPPORT COSTS**||||||
||||||Other|
||||||£|
|Charitable activities|||||£1,935|
|||||||
|||||||
|**6. NET INCOME/(EXPENDITURE)**||||||
|Net income/(expenditure) is stated after||||||
|charging/(crediting):||||||
||||31.12.25||31.12.24|
||||£||£|
|Depreciation - owned assets|||1,351||1,144|
|||||||



22 



5 

## **NOTES CONTINUED** 

## **7. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024. 

## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024. 

## **8. STAFF COSTS** 

|**8. STAFF COSTS**||
|---|---|
|31.12.25|31.12.24|
|£|£|
|Wages and salaries<br>374,184|375,805|
|Social security costs<br>34,245|33,111|
|Other pension costs<br>7,168|6,945|
|||
|415,597|415,861|
|||
|||
|The average monthly number of employees during the year was as follows:||
|31.12.25|31.12.24|
|Employees<br>13|11|
|||
|||



The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 

|||31.12.25|31.12.24|
|---|---|---|---|
|£70,001|- £80,000|-|1|
|£80,001|- £90,000|1|-|
|||||
|||1|1|
|||||



23 



5 

## **NOTES CONTINUED** 

## **9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** 

|||Unrestricted fund|Unrestricted fund|Unrestricted fund|Unrestricted fund||
|---|---|---|---|---|---|---|
|||||£|||
|INCOME AND ENDOWMENTS FROM|||424,410||||
|Donations and legacies|||||||
|EXPENDITURE ON|||18,579||||
|Raising funds|||||||
|Charitable activities|||476,701||||
|Charitable activities|||||||
|Other|||15,799||||
||||||||
|Total|||511,079||||
||||||||
|NET INCOME/(EXPENDITURE)|||(86,669 )||||
|RECONCILIATION OF FUNDS|||175,119||||
|Total funds brought forward|||||||
||||||||
|TOTAL FUNDS CARRIED FORWARD|||88,450||||
||||||||
||||||||
|**10. TANGIBLE FIXED ASSETS**|||||||
|||Computer equipment|||||
|||||£|||
|**COST**<br>At 1 January 2025<br>Additions||||4573<br>834|||
||||||||
|At 31 December 2025||||5,407|||
||||||||
|DEPRECIATION||||.|||
|At 1 January 2025||||1429|||
|Charge for year||||1351|||
||||||||
|At 31 December 2025||||2,780|||
||||||||
|NET BOOK VALUE||||~~2,627~~|||
|At 31 December 2025|||||||
||||||||
||||||||
|At 31 December 2024||||~~3,144~~|||
||||||||
||||||||



24 



5 

## **NOTES CONTINUED** 

## **11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

||31.12.25|||31.12.24||
|---|---|---|---|---|---|
||£|||£||
|Trade debtors|70,038|||1,900||
|Prepayments|1,231|||1,224||
|||||||
||71,269|||3,124||
|||||||
|||||||
|**12. CURRENT ASSET INVESTMENTS**||||||
||31.12.25|||31.12.24||
||£|||£||
|Listed investments|£605,294|||292575||
|||||||
|||||||
|**13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||||
||31.12.25|||31.12.24||
||£|||£||
|Trade creditors|2,350|||1,329||
|Social security and other taxes|11,122|||8,502||
|Other creditors|-|||5,000||
|Credit card|194|||774||
|Accrued expenses|6,320|||-||
|Accrued income|605,762|||212,442||
|||||||
||625,748|||228,047||
|||||||



25 



5 

## **NOTES CONTINUED** 

## **14.MOVEMENT IN FUNDS** 

|**14.MOVEMENT IN FUNDS**|||||||
|---|---|---|---|---|---|---|
||At 1.1.25<br>£|Net movement<br>in funds<br>£|||At 31.12.25<br>£||
|**Unrestricted funds**|88,450||50,410||138,860||
|General fund|||||||
|**TOTAL FUNDS**|88,450||50,410||138,860||
|Net movement in funds, included in the above are as follows:|||||||
||Incoming||Resources||Movement in||
||resources||expended||funds||
||£||£||£||
|**Unrestricted funds**|619,628||(569,218 )||50,410||
|General fund|||||||
||||||||
|**TOTAL FUNDS**|619,628||(569,218 )||50,410||
||||||||
||||||||
|**Comparatives for movement in funds**|||||||
||At 1.1.24<br>£|Net movement<br>in funds<br>£|||At 31.12.24<br>£||
|**Unrestricted funds**|175,119||(86,669 )||88,450||
|General fund|||||||
||||||||
|**TOTAL FUNDS**|175,119||(86,669 )||88,450||
||||||||
||||||||
|**Comparative net movement in funds, included in**|||**the above are as follows:**||||
||Incoming||Resources||Movement in||
||resources||expended||funds||
||£||£||£||
|**Unrestricted funds**|424,410||(511,079 )||(86,669 )||
|General fund|||||||
||||||||
|**TOTAL FUNDS**|424,410||(511,079 )||(86,669 )||
||||||||
||||||||



26 



## **15.          RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 December 2025.** 

- **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025** 

This does not form part of the statutory financial statements 

||31.12.25|31.12.24|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|.||
|Gifts|1|-|
|Donations|407,033|306,790|
|Grants|212,594|111,620|
|Sacla Scholarship Income|-|6,000|
||619,628|424,410|
|**Total incoming resources**|619,628|424,410|



27 

2 



**DETAILED STATEMENT OF FINANCIAL ACTIVITIES CONTINUED** 

5 

This does not form part of the statutory financial statements 

||31.12.25|31.12.24|
|---|---|---|
|**EXPENDITURE**|£|£|
|**Raising donations and legacies**|||
|Sundries|(2)|-|
|Sacla Scholarship Expenditure|-|12,000|
|Fundraising|39,378|6,579|
||39,376|18,579|
|**Charitable activities**|374,184|375,805|
|Wages|||
|Social security|34,245|33,111|
|Pensions|7,168|6,945|
|Insurance|1,633|1,441|
|Telephone|282|284|
|Print,postage and stationery|1,782|1,494|
|Freelance staff|1,072|-|
|Recruitment & other staff cost|2,938|379|
|Advertising & marketing|40,847|20,475|
|Computer & software|1,644|713|
|Internet & website costs|12,451|8,787|
|Travel & subsistence|22,231|15,125|
|Room hire|65|-|
|Subscriptions|2,760|7,527|
|Training|6,338|3,112|
|Clothing costs|56|355|
|Computer equipment|1,351|1,143|
||||
||511,047|476,696|



28 



**DETAILED STATEMENT OF FINANCIAL ACTIVITIES CONTINUED** 

5 

This does not form part of the statutory financial statements 

||31.12.25||31.12.24||
|---|---|---|---|---|
||£||£||
|**Other**|.||.||
|Recruitment & other staff cost|3861||2201||
|Professional fees|-||850||
|Accountancy|3,450||3,450||
|Bookkeeping fees|8,725||8,862||
|Advertising & marketing|824||436||
||||||
||16,860||15,799||
|**Support costs**|||||
|**Other**|.||.||
|Bank and credit charges|1,935||5||
|Total resources expended|569,218||511,079||
||||||
|Net income/(expenditure)|50,410||(86,669 )||
||||||
||||||



29 



*4
Wor
uc
Opfion
61
CyfleoeddDfs
MEWN ADDYSG