**Charity registration number 1186158**
## **THINK18**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2025**
## **THINK18**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** T Denison H L Jellard R Deans Mr N D Taylor **Charity number** 1186158 **Principal address** 2 Home Farm Court Shillinglee Surrey Godalming GU8 4SY **Independent examiner** Jordan Abbott BSc ACA Carpenter Box Piper House 4 Dukes Court Bognor Road Chichester West Sussex PO19 8FX
## **THINK18**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 6|
|Independent examiner's report|7|
|Statement of financial activities|8|
|Balance sheet|9|
|Notes to the financial statements|10 - 18|
## **THINK18**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
The trustees present their annual report and financial statements for the year ended 31 March 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 constitution (adopted 31 August 2019, revised July 2021), 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**
THINK18 is the concept of Teresa (Tessa) Denison. Tessa’s daughter Rosie, who has Down Syndrome, and her friends are reaching a stage in their lives where they are seeking to build a wide range of experiences and create new friendships.
The purpose of THINK18 is to relieve the needs and promote the social inclusion of young people and adults (aged 16-35) with learning disabilities, in such ways as the Trustees shall think fit and promote the social inclusion of such young adults who are socially excluded as a result of their age and learning disability, in particular but not exclusively by offering advice, support and opportunities for social interaction, recreational and other activities designed to promote their independence, improve their conditions of life and prevent them from becoming socially excluded.
The values at the heart of everything we do are: putting young people first; inclusion; creativity; respect; networking; integrity.
## _Public benefit_
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
_...Trustee's Report Continued overleaf_
- 1 -
## **THINK18**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **Achievements and performance**
## _Significant activities and achievements against objectives_ **Executive Summary**
This report covers the period 1[st] August 2024 to 30[th] June 2025.
THINK18 aims to provide benefit to young adults with learning disabilities primarily in West Sussex, but not excluding other UK young adults. Our ethos is driven by a commitment to enable young people with learning disabilities to transition to adulthood with the help of targeted activities.
Our key objective is to relieve the needs and promote the social inclusion of young adults (aged 16-35) with learning disabilities.
Our values are at the heart of everything we do: putting people first; inclusion; creativity; respect; networking; integrity.
The Charity is governed by the Board of Trustees, supported by committees and working groups. We do not employ staff but use a wide range of independent contractors to deliver services and provide administration support. We also have a growing number of volunteers. Trustees, volunteers and independent contractors are DBS screened and have completed safeguarding and first aid training where required.
Our accounting balance as at 30[th] June 2025 was £106,517 (£28,511 restricted funds, £78,006 unrestricted funds). Our reserves policy requires that we retain sufficient reserve funds to run for 6 months, and currently £50,000 is kept in reserve to reflect this.
During the period, THINK18 has seen continued membership growth. We now have 102 members and offer 7 online activities and 2 in-person activities every week and other events for young adults with learning disabilities, their carers and families.
For the future, we have identified the following priorities to develop THINK18 as a Charitable Incorporated Organisation (CIO) and strengthen our ability to deliver our objectives:
- Continue offering social activities in safe environments
- Consolidate our activities to extend the benefits to a growing number of young adults both preparing to leave and having left education
- Develop and extend our pool of volunteers
- Develop our parent/carer committee to greater understand and respond to problems and issues
- Reflect the views of our young adults’ ‘Voices’ committee, which provides feedback on new ideas, fundraising, wellbeing, activities and other aspects of THINK18
- Appoint an experienced senior manager to support the Board of Trustees and drive the Charity forward.
- Introduce substantive employment opportunities for key roles
## **Aims**
- To support young people with learning disabilities with the transition to adulthood and onwards through offering ongoing opportunities for their health and wellbeing and to help them to live, learn and work in their communities.
- To offer a range of exciting and valuable social networking opportunities in local, accessible places and through online platforms such as Zoom, WhatsApp.
- To encourage greater involvement between young adults with and without disabilities through suitably trained, age appropriate, volunteering, coaching and activity leadership.
- To ensure all young adults with learning disabilities, whatever their personal circumstances, can access THINK18 activities, for example: by enabling suitable transport and bursaries.
- Offer parents/carers a vibrant and supportive network to share experiences, ideas and learning opportunities through formal sessions and informal social events.
THINK18 has grown and developed significantly since its first activities in October 2019, establishing networks with young adults, their families and friends, local schools and colleges, and other organisations and providers to offer high quality, consistent opportunities for social interaction, learning and fun.
- 2 -
**TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **THINK18**
**Beneficiaries:** At June 2025 THINK18 had 102 young adult members with moderate to severe learning disabilities.
## **Activities**
**NOTE** : Since September 2023 the ThinkOut project is no longer linked with THINK18 in any way and is no longer part of THINK18’s portfolio.
## **In Person Social Activities**
https://www.think18.org.uk/sat-activities/
Since our inception in 2019, THINK18 has developed a wide network to ensure that our activities are embedded within local communities. Our social and learning activities our mainly provided using local premises and are facilitated by established local experts and volunteers.
We primarily use the Apuldram Centre near Chichester as a venue for our weekly SATURDAY ACTIVE for face-toface activities, which include sports, drama, music, dance, yoga and art - enabling us to currently accommodate 28-30 participants. We also use the centre for our monthly Thursday night experiences and, on occasion, Saturday afternoons when we offer specialist workshops. We also work with Newpark Community Centre’, ‘Boxgrove Village Hall’, ‘Sylvia Beaufoy Centre’, ‘Lavant memorial Hall’ to name a few.
We work with Individual facilitators for sports, arts and new experiences, and with local organisations, such as ‘South Coast Sports’, who deliver some of our Saturday Active sessions and workshops during the holidays. We ran an introduction to Adaptive Judo for learning disabilities with the British Judo Team and a ‘Sporting Challenge’ in October with ‘The Apuldram Centre’ and ‘The Halow Project’, who’s beneficiaries also joined in - we received messages from 3 Olympians to motivate everyone. ‘The Chichester Lindy Hoppers’ ran a dance workshop teaching our young adults to jive.
We regularly put on public performances, which help to motivate and build confidence. For example, in June we performed at ‘Princes Hall’ in Aldershot and we ran a Christmas Fundraiser with our young adults performing for ‘Ignite’ with ‘Holly King Performance Academy’. In addition we took 10 young adults to CHIDDFEST where they performed and signed to 3 songs attended by over 1000 people.
THINKPERFORM runs every Sunday in term time and is now very much part of our young programme. It is a ‘Musical Theatre’ group with facilitators from ‘Holly King Performance Academy’ and we offer the opportunity for young adults to perform at various venues in and around West Sussex.
THINKVOICE gives our young adults the opportunity to say what they would like, help create policies such as the kindness policy and ensure our activities give them the best experience.
Online zoom activities are available seven evening sessions per week: Monday to Thursday, offering: dance, drama, health, singing, art, chat and drinks, which are all popular. These give our young adults a time to check in, participate in some great sessions and parents to get some respite.
In addition, we arrange regular pub nights, cinema and theatre trips, workshops, alongside a 3-day summer camp and various sport, art and music activities throughout the year during the holidays. We have introduced our young adults to new experiences including basketball, judo, dance workshops, music soundbaths, Pilates and performance workshops.
- 3 -
## **THINK18**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **Working with partners**
Since our inception, we have worked with the Halow Project and more recently Apuldram to deliver activities bring together members of local charities to offer more opportunities at affordable cost.
We have built new relationships with third party providers who run some engaging activities and work with Chichester College and Fordwater as a feeder for facilitators, volunteers and young adults.
In addition, we are working in partnership with Chichester University to offer volunteering and work placements across our activities and events to support students with their degree courses while providing specialist volunteering hours in all aspects of the charity.
We attend transition events at schools/colleges in and around Chichester including Oakgrove, St Anthonys and Fordwater. Our young adults help at the events including Freshers Week and any local community fairs.
## **Volunteers**
As well as paying contractors to support THINK18’s work (e.g. tutoring for At Home, administration and operations), THINK18 depends on a team of volunteers who operate at all levels of the organisation.
Tessa, the founder and trustee, volunteers full time as Think18 Co-ordinator, and other trustees are also actively involved in the running of THINK18. In addition, volunteers help with marketing and social media, administration and direct delivery support (9-10 volunteers currently contribute a total of 17-20 hours per week to support At Home and Saturday Club activities). We have a rota for our Saturday Activities involving over 12 volunteers who give support on a monthly basis. This is made up of parents with the lived experience and additional people who would like to help make a difference in our community. A large proportion of our volunteers have gone on the get a Teaching Assistant position or working with SEND. It’s clear to see the affect volunteering has on our university students.
We are also active members of the Voluntary Action Arun & Chichester – supporting and promoting charities and community groups. They offer free additional training, support, networking events and volunteer recruitment opportunities across our local community.
We estimate that our average contribution from volunteers is 69hrs per week.
## **Policies and Procedures**
THINK18 has core policies and procedures in place and revises them regularly and at least every three years (dates in brackets are when each will next be reviewed):
- Business Plan (March 2026)
- Complaints (Mar 2027)
- Confidentiality (Dec 2027)
- Conflicts of Interest (Jun 27)
- Data Protection (Dec 27)
- Disposals (Oct 2028)
- E Safety (Sep 28)
- Equal Opportunities and Inclusion (May 27)
- Financial Management (Jun 2026)
- Health & Safety (Mar 2027)
- IT and Cyber (Nov 2027)
- Safeguarding (July 2026)
- Trustee Recruitment & Induction Procedure (Jun 2027)
- Volunteer Handbook (Sept 2026)
- Contractors Handbook (Sept 2026)
- 4 -
## **THINK18**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **Financial review**
**THINK18** work is funded through fundraising, grants and donations both from individuals and organisations.
Our accounts cover the period 1[st] April 2024 to 31[st] March 2025. During this period, we received £65,664 in restricted and unrestricted grants. From April 2025 to June 2025 we raised a further £20,000 in restricted/ unrestricted grants for THINK18 projects and administration.
Our accounting balance as at 31[st] March 2025 was £87,356 (£27,744 restricted funds, £59,612 unrestricted funds).
Our accounting balance as at 30[th] June 2025 was £106,517 (£28,511 restricted funds, £78,006 unrestricted funds). Our reserves policy requires that we retain sufficient reserve funds to run for 6 months, and currently £50,000 is kept in reserve to reflect this.
## **Trading and Tax:**
**THINK18** is aware of the Charity Commission guidance: ‘Trustee trading and tax: how charities may lawfully trade’. **THINK18** will only trade in pursuit of its charitable objectives. The Trust acknowledges restrictions on engaging in trades and will not engage in such commercially- oriented trades where a significant risk to its assets would be involved.
**THINK18** will not undertake any activities that may be subject to income tax, only undertaking activities that fall into one of the following charity law categories:
- ‘primary purpose trading’
- ‘ancillary trading’
- ‘non-primary purpose trading’ that does not involve significant risk to the resources of the charity
**THINK18** is not registered for VAT with HMRC as cash flow is currently below the threshold for registration.
## **Structure, governance and management**
THINK18 is a Charitable Incorporated Organisation. We have a constitution and are governed by a Board of Trustees, supported by working groups. Trustees oversee and monitor fundraising activities and use of funds to deliver the objects of the charity; managing any associated risks and following the Charity Commission’s guidance on Public Benefit.
The trustees who served during the year and up to the date of signature of the financial statements were: T Denison
J P Kavanagh (Resigned 11 November 2024) H L Jellard R Deans R Adams (Resigned 8 September 2025) Mr N D Taylor
## _Recruitment and appointment of trustees_
The initial trustees were found and selected by the founder Teresa Denison, appointed in April 2019 and agreed in the constitution of August 2019. Additional Trustees have been sought to further the knowledge and expertise of THINK18 in meeting our needs as the charity has grown. Recruitment is through public advertisements, volunteering organisations, word of mouth, and selection interview.
New Trustees receive the Trustee Handbook, the Constitution, Trustees’ Annual Report & Financial Statements, policies, and recent Trustees’ meeting minutes.
- 5 -
## **THINK18**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **Working Groups:**
Working groups are set up as needed to support activities - e.g. fundraising, volunteer recruitment and management, policies and procedures, development/delivery of THINK18 activities.
## **Delegated Responsibilities:**
THINK18 does not employ staff. However, we use a range of independent contractors to provide services for our young adult members and for administration support. In addition, we directly recruit and support a growing number of volunteers.
Trustees, volunteers and independent contractors are DBS screened and have completed safeguarding and first aid training where required.
The trustees' report was approved by the Board of Trustees.
## Robert Deans
..............................
R Deans
## **Chair**
22 January 2026 Date: .............................................
- 6 -
## **THINK18**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THINK18**
I report to the trustees on my examination of the financial statements of THINK18 (the charity) for the year ended 31 March 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 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
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:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do 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 financial statements to be reached.
## **Jordan Abbott BSc ACA**
Carpenter Box Piper House 4 Dukes Court Bognor Road Chichester West Sussex PO19 8FX
## 22 January 2026
Dated: .........................
- 7 -
## **THINK18**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|||**Unrestricted**|**Restricted**|**Total**|**Unrestricted**|**Restricted**|**Restricted**|**Total**|
|---|---|---|---|---|---|---|---|---|
|||**funds**|**funds**||**funds**||**funds**||
|||**2025**|**2025**|**2025**|**2024**||**2024**|**2024**|
||**Notes**|**£**|**£**|**£**|**£**||**£**|**£**|
|**Income from:**|||||||||
|Donations and legacies|**3**|28,862|65,664|94,526|13,035||19,370|32,405|
|Charitable activities|**4**|47,253|-|47,253|55,699||-|55,699|
||||||||||
|**Total income**||76,115|65,664|141,779|68,734||19,370|88,104|
||||||||||
|Charitable activities|**5**|56,999|60,593|117,592|93,714||10,350|104,064|
||||||||||
|**Net income/(expenditure) and**|||||||||
|**movement in funds**||19,116|5,071|24,187|(24,980)||9,020|(15,960)|
|**Reconciliation of funds:**|||||||||
|Fund balances at 1 April|2024|40,496|22,673|63,169|65,476||13,653|79,129|
||||||||||
|**Fund balances at 31 March**|||||||||
|**2025**||59,612|27,744|87,356|40,496||22,673|63,169|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
- 8 -
## **THINK18**
## **BALANCE SHEET**
## _**AS AT 31 MARCH 2025**_
|||**2025**||**2024**||
|---|---|---|---|---|---|
||**Notes**|**£**|**£**|**£**|**£**|
|**Fixed assets**||||||
|Tangible assets|**10**||1,288||-|
|**Current assets**||||||
|Debtors|**11**|2,471||1,774||
|Cash at bank and in hand||98,095||67,779||
|||||||
|||100,566||69,553||
|**Creditors: amounts falling due within**|**12**|||||
|**one year**||14,498||6,384||
|||||||
|Net current assets|||86,068||63,169|
|||||||
|**Total assets less current liabilities**|||87,356||63,169|
|**The funds of the charity**||||||
|Restricted income funds|**13**||27,744||22,673|
|Unrestricted funds|||59,612||40,496|
|||||||
||||87,356||63,169|
22 January 2026 The financial statements were approved by the trustees on .........................
## Robert Deans
..............................
R Deans **Trustee**
- 9 -
## **THINK18**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
## **Charity information**
THINK18 is a Charitable Incorporated Organisation (CIO) registered in England and Wales (number 1186158).
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 not to prepare a Statement of Cash Flows.
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.
## **1.4 Income**
Income, including grant 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.
- 10 -
## **THINK18**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
**(Continued)**
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
## **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:
Computers
3 years 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 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.
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
- 11 -
## **THINK18**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
**(Continued)**
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Income from donations and legacies**
||**Unrestricted**|**Restricted**|**Total**|**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|---|---|---|
||**funds**|**funds**||**funds**|**funds**||
||**2025**|**2025**|**2025**|**2024**|**2024**|**2024**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Donations and gifts|27,620|-|27,620|11,676|-|11,676|
|Grants receivable|-|65,664|65,664|-|19,370|19,370|
|Membership fees|1,242|-|1,242|1,359|-|1,359|
||||||||
||28,862|65,664|94,526|13,035|19,370|32,405|
## **4 Income from charitable activities**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2024**|
||**£**|**£**|
|Membership Contributions towards Activities|47,253|55,699|
- 12 -
## **THINK18**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **5 Expenditure on charitable activities**
||**Charitable**|**Charitable**|
**Charitable**|
**Charitable**|
|---|---|---|---|---|
||**activities**||**activities**||
|||**2025**||**2024**|
|||**£**||**£**|
|**Direct costs**|||||
|Depreciation and impairment||246||2,910|
|Charitable expenditure general||36,604||14,610|
|Activity Leaders, Instructors and Support Team||18,396||12,150|
|Think Out Charitable Expenditure||-||6,791|
|Young adults events||1,398||2,647|
|Rent and venue hire||6,412||7,387|
|Think Out Leaders, Instructors and Support Team||-||18,435|
||||||
|||63,056||64,930|
|**Share of support and governance costs (see note 6)**|||||
|Support||51,637||12,184|
|Governance||2,899||26,950|
||||||
|||117,592||104,064|
|**Analysis by fund**|||||
|Unrestricted funds||56,999||93,714|
|Restricted funds||60,593||10,350|
||||||
|||117,592||104,064|
## **6 Support costs allocated to activities**
|**Support costs allocated to activities**||||
|---|---|---|---|
||**2025**||**2024**|
||**£**||**£**|
|Marketing and publicity|441||-|
|Fundraising expenses|2,543||33|
|Administrative fees|40,272||2,749|
|Office and administration|6,562||7,096|
|Volunteer and travel|1,092||1,962|
|Sundry|727||343|
|Governance costs|2,899||26,951|
|||||
||54,536||39,134|
|**Analysed between:**||||
|Charitable activities|54,536||39,134|
Governance costs includes payments to the accountants of £675 exc. VAT (2024 - £680) for an independent examination and £1,000 exc. VAT (2024 - £945) for other services.
- 13 -
## **THINK18**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **6 Support costs allocated to activities**
## **(Continued)**
A detailed review of the costs has been undertaken and identified that governance costs in 2024 included administrative costs of £24,664 which should be allocated to support, as has been done for 2025. Were these costs to have been allocated to support last year, the comparative for governance costs for 2024 would be £2,287.
## **7 Trustees**
During the year, two Trustees were reimbursed for costs incurred in connection with the charity's activities. T Denison (Trustee) was reimbursed mileage of £1,496 (2024 - £1,114), phone costs of £250 (2024 - £125) and other costs (Inc. office costs) of £3,784.81 (2024 - No Comparative). R Adams was reimbursed other costs (Inc. office costs) of £325.67 (2024 - No Comparative).
## **8 Employees**
The average monthly number of employees during the year was:
||**2025**|**2024**|
|---|---|---|
||**Number**|**Number**|
|Total|-|-|
There were no employees whose annual remuneration was more than £60,000.
## **9 Taxation**
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
## **10 Tangible fixed assets**
|**Tangible fixed assets**||
|---|---|
||**Computers**|
||**£**|
|**Cost**||
|At 1 April 2024|8,735|
|Additions|1,534|
|||
|At 31 March 2025|10,269|
|||
|**Depreciation and impairment**||
|At 1 April 2024|8,735|
|Depreciation charged in the year|246|
|||
|At 31 March 2025|8,981|
|||
|**Carrying amount**||
|At 31 March 2025|1,288|
- 14 -
## **THINK18**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **11 Debtors**
|**Debtors**|||
|---|---|---|
||**2025**|**2024**|
|**Amounts falling due within one year:**|**£**|**£**|
|Trade debtors|2,207|1,774|
|Prepayments and accrued income|264|-|
||||
||2,471|1,774|
## **12 Creditors: amounts falling due within one year**
|**Creditors: amounts falling due within one year**|||
|---|---|---|
||**2025**|**2024**|
||**£**|**£**|
|Trade creditors|54|-|
|Accruals and deferred income|14,444|6,384|
||||
||14,498|6,384|
## **13 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.
||**At**|**1 April**|
**Incoming**|
**Resources**|
**At 31 March**|
**At 31 March**|
|---|---|---|---|---|---|---|
|||**2024**|**resources**|**expended**||**2025**|
|||**£**|**£**|**£**||**£**|
|Other||-|11,087|(6,407)||4,680|
|The Margaret Dobson Trust||792|-|(792)||-|
|Mencap - Together Fund||3,410|-|(3,410)||-|
|Mulberry Trust||8,750|-|(8,750)||-|
|Earnest Kleinword Charitable Trust||-|3,840|(3,604)||236|
|Chichester District Council||357|-|(357)||-|
|Bailey Thomas||3,364|-|(3,364)||-|
|Peter Harrison Foundation||6,000|-|(6,000)||-|
|Bentley Foundation||-|500|-||500|
|Foyle Foundation||-|5,000|(5,000)||-|
|Garfield Weston||-|5,000|(5,000)||-|
|National Lottery Main Grants||-|19,237|(8,754)||10,483|
|St. James' Place||-|10,000|(1,155)||8,845|
|Sussex Community Foundation||-|5,000|(5,000)||-|
|The Samuel Gardner Memorial Trust||-|1,000|-||1,000|
|William Brake Foundation||-|2,000|-||2,000|
|Chichester City Council||-|3,000|(3,000)||-|
||||||||
|||22,673|65,664|(60,593)||27,744|
- 15 -
## **THINK18**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**13**|**Restricted funds**|||||**(Continued)**|**(Continued)**|
|---|---|---|---|---|---|---|---|
||**Previous year:**|**At**|**1 April**|
**Incoming**|
**Resources**|
**At 31 March**||
||||**2023**|**resources**|**expended**||**2024**|
||||**£**|**£**|**£**||**£**|
||The Margaret Dobson Trust||792|-|-||792|
||Mencap - Together Fund||3,410|-|-||3,410|
||Mulberry Trust||8,750|-|-||8,750|
||Enst Kleinword Charitable Trust||351|-|(351)||-|
||The Friarsgate Trust||350|-|(350)||-|
||Chichester District Council||-|3,000|(2,643)||357|
||Bailey Thomas||-|9,870|(6,506)||3,364|
||Peter Harrison Foundation||-|6,000|-||6,000|
||Magic Little Grants||-|500|(500)||-|
|||||||||
||||13,653|19,370|(10,350)||22,673|
## **Mencap - Together Fund**
ThinkSport and ThinkDance - via Zoom and Face-to-Face working toward the Round The World Challenge, supported by Mencap.
## **Mulberry Trust**
Administration Services to Think18 – all aspects of Charity Administration.
## **Earnest Kleinwort Charitable Trust**
ThinkPerform - Sunday morning activities covering singing, dancing and acting
## **The Friarsgate Trust**
ThinkOut Wellbeing (Tuesdays Dance)
## **Chichester Dictrict Council**
Thk18 - Camping Weekend (August 2023)
## **Bailey Thomas**
ThinkSport - Saturday activities (venue hire/teachers fees)
## **Peter Harrison Foundation**
ThinkSport - Saturday morning activities (over 2 years)
## **Chichester Dictrict Council**
Zoom activities
## **Magic Little Grants**
ThinkPerform - Sunday morning activities covering singing, dancing and acting.
## **William Wates Memorial Fund**
ThinkPerform - Sunday morning activities covering singing, dancing and acting.
## **Bentley Foundation / ThinkPerform**
ThinkPerform - Sunday morning activities covering singing, dancing and acting.
## **Chichester City Council**
ThinkPerform - Sunday morning activities covering singing, dancing and acting.
- 16 -
## **THINK18**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **13 Restricted funds**
## **(Continued)**
## **Ernest Kleinwort Charitable Trust**
ThinkPerform - Sunday morning activities covering singing, dancing and acting.
## **Foyle Foundation**
Core costs
## **Garfield Weston**
Core costs
## **National Lottery Main Grants**
Halow - one Thursday per month for 6 months External Activities Hosts (one Thursday per month) Venue Hire of Apuldram Centre (Thursdays as above).
Contribution to 2 x ThinkOut Theatre Trip for 18 young adults plus carers Stagecoach - Zoom Drama, Dance, Sing.
## **St. James's Place**
ThinkSport - Saturday activities
## **Sussex Community Foundation**
Equipment & Materials, Workshop Leaders, Legal & Accountancy
## **The Samuel Gardener Memorial Trust**
ThinkPerform - Sunday morning activities covering singing, dancing and acting
## **William Brake Foundation**
ThinkPerform - Sunday morning activities covering singing, dancing and acting
## **14 Unrestricted funds**
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
||**At**|**1 April**|
**Incoming**|
**Incoming**|
**Resources**|
**Resources**|
**At 31 March**|
**At 31 March**|
|---|---|---|---|---|---|---|---|---|
|||**2024**|**resources**||**expended**|||**2025**|
|||**£**||**£**||**£**||**£**|
|General funds||40,496||76,115|(56,999)|||59,612|
|**Previous year:**|**At**|**1 April**|
**Incoming**||
**Resources**||
**At 31 March**||
|||**2023**|**resources**||**expended**|||**2024**|
|||**£**||**£**||**£**||**£**|
|General funds||65,476||68,734|(93,714)|||40,496|
- 17 -
## **THINK18**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **15 Analysis of net assets between funds**
||**Unrestricted**|**Unrestricted**|**Restricted**|**Restricted**||**Total**|
|---|---|---|---|---|---|---|
|||**funds**||**funds**|||
|||**2025**||**2025**||**2025**|
|||**£**||**£**||**£**|
|**Fund balances at 31 March 2025 are represented by:**|||||||
|Tangible assets||1,288||-||1,288|
|Current assets/(liabilities)||58,324||27,744||86,068|
||||||||
|||59,612||27,744||87,356|
||**Unrestricted**||**Restricted**|||**Total**|
|||**funds**||**funds**|||
|||**2024**||**2024**||**2024**|
|||**£**||**£**||**£**|
|**Fund balances at 31 March 2024 are represented by:**|||||||
|Current assets/(liabilities)||40,496||22,673||63,169|
||||||||
|||40,496||22,673||63,169|
## **16 Related party transactions**
## **Transactions with related parties**
In addition to the reimbursement of costs as disclosed in note 7, during the year the charity paid the following to trustees or their family members for contractor services relating to the charity’s activities:
||2025|2024|
|---|---|---|
|Hilary Freeborough|£0|£6,525|
|Tessa Denison|£11,263|£7,812|
|Louis Denison-Foster|£1,880|£615|
|Bella Denison-Foster|£1,375|£435|
|Roger Adams|£1,811|£975|
The transactions took place under normal market conditions. No trustee received remuneration for their services as a Trustee.
- 18 -