**Charity Registration No. 1188412** ## **WOLO FOUNDATION** ## **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31 MARCH 2025** **----- Start of picture text -----**
One Bell Lane
Lewes
East Sussex
BN7 1JU
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## **WOLO FOUNDATION** ## **CONTENTS** ||**Page**| |---|---| |Company information|1| |Trustees report|2 - 13| |Statement of Trustees responsibilities|14| |Independent examiner's report|15| |Statement of financial activities|16| |Balance sheet|17| |Notes to the financial statements|18 - 32| ## **WOLO FOUNDATION** ## **COMPANY INFORMATION** **Trustees** Ms C M Hermon Mr S MacLean Mr A Whisker Mr M Storey (Appointed 5 December 2025) Mr J Bricknell (Appointed 25 September 2025) **Charity number** 1188412 **Principal address** Sheep Cottage Chyngton Lane Seaford East Sussex BN25 4BT **Independent examiner** TC Group One Bell Lane Lewes East Sussex BN7 1JU - 1 - ## **WOLO FOUNDATION** ## **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 governing document, 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** The aim of the charity is to relieve the financial hardship of families* living in Sussex who are affected by cancer by providing goods/services that they could not otherwise afford due to a lack of means or by providing or paying for items, services, or facilities through the provision of goods or services. *The definition of ‘families’ is those with a child or children under 16 years at the time of diagnosis. Wolo Foundation helps to improve the quality of life of families living in Sussex on their cancer journeys. The bespoke support they offer includes practical help and emotional support, wellness opportunities and family experiences. They work with local businesses and communities to offer all family members a wealth of services to support them through their diagnosis, treatment and beyond. Statistics show that 1 in 2 people in the UK born after 1960 will be diagnosed with cancer in their lifetime. Life is precious - we need to make the most of it - we only live once - Wolo! Wolo Foundation improves the quality of life of families in Sussex affected by cancer. They do this by offering opportunities for improved well-being, increased self-care and confidence; making memories, increasing family fun, and improving support networks by encouraging new friendships. ## **Accessing Wolo** Anyone with a cancer diagnosis living in Sussex with a child or children under the age of 16 years at the point of diagnosis is eligible for support. Families find out about our services through other charities, their GP’s or Clinical Nurse Specialists, social media, leaflets, podcasts and word of mouth. All families complete an initial holistic assessment which collects their details and highlights the struggles they are facing physically, emotionally and financially. This helps us to quickly pinpoint how best to support them on their cancer journey. We work hard to establish trusting relationships with every family and this assessment is the starting point which highlights their thoughts, feelings and ideas about how we can best support them. We listen rather than tell them what we think. As we get to know them, we may suggest additional ideas of activities and services, if that feels welcome. _“The personal touch has been entirely apparent from the very beginning. At times, it feels like Wolo only exists to serve me and my family. It’s hard to believe that Fler and Justin are able to give this much care and attention to all of the families that Wolo are currently helping out.”_ - 2 - ## **WOLO FOUNDATION** ## **TRUSTEES REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ We do not have a waiting list for our services. We know how it feels to receive a cancer diagnosis so telling families there is a waiting list when they desperately want help, would go against our ethos of working to make life easier for families affected by cancer. Instead; we triage families to ensure the best use of our funding and resources. We have created an internal system to help with this based on our own historical data. Families are placed in one of three categories, which are selected depending on various factors including prognosis, quality of life rating etc. Categories determine support offered and maximum expenditure thresholds. Families move between them as their circumstances change. We aim to review them every 3-6 months to ensure we are keeping abreast of their journeys. ## Support is available until the youngest child in the family turns 18 years of age. **Our Work** The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities and setting the grant making policy for the year. **Risk Management** 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. Risk assessments are carried out in order to ascertain the likelihood of a risk event occurring, of its potential impact, and whether any cost effective mitigating action may be taken. Potential risks have been identified and are reviewed on a regular basis. **Support** Regular communication ensures we can quickly react to a family’s ever-changing needs. We offer informal in- person chats at our office or local to the family (whichever is easiest for them) to talk through issues and seek solutions. Regular educational workshops both in-person and online help to reduce isolation and loneliness and enable experiences, facts and myths to be shared; helping to educate and reassure those in the Wolo community. Families on similar journeys are introduced, and all families have access to relevant groups based on their interests and needs, and are able to communicate with each other and Team Wolo in various ways. Emotional support is an integral part of the service Wolo provides, and an empathetic approach from previously lived experiences helps connect service users to Team Wolo. This year we launched Wolo Community-TEA, a series of new monthly pop-up meet-ups taking place across the county and online. These informal gatherings are designed to strengthen local support networks, allowing members of the Wolo community to connect with one another in a relaxed, welcoming environment. The meet-ups are open to all - whether individuals are long-standing members of the Wolo community or are curious to learn more about our work. Fler, our Co-Founder, and Sam, our Wellness Lead, attend each session to provide guidance, share information about the support services available, and answer any questions attendees may have. No prior booking is required, and the focus is entirely on building connections, sharing experiences, and fostering a sense of community. This initiative reflects Wolo's ongoing commitment to expanding accessible, person-centred support for families affected by cancer, while also creating opportunities for peer-to-peer engagement and local networking. _"Before Wolo we didn’t know anyone our age or with children who had cancer but now we have so many people to spend time with and talk to."_ - 3 - ## **WOLO FOUNDATION** ## **TRUSTEES REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ **Food** A huge percentage of Wolo families need help with the cost of food. Wolo has secured funding for online and in- person ‘cook-alongs’ helping families to bond, meet others with similar interests, try new foods and offer guidance on nutrition and batch-cooking methods to make food go further, reducing shopping bills. At the beginning of the cost of living crisis in late 2021, we applied for and received a grant to purchase supermarket vouchers for all families. The grant has long since been spent, but it was so successful that we have continued with the project, offering each new family the opportunity to apply for a £100 voucher for the supermarket of their choice. This gives them immediate relief, and the opportunity to spend it on food and other essentials such as underwear, school uniform or cooking utensils if needed. Families can apply for it more than once if they are struggling to pay for food. We also work with qualified nutritionists to help those on restricted diets due to a diagnosis, or those who feel they need support with choosing healthier options for their family. _'The children have enjoyed the cook-alongs so much that we have now introduced specific days each week where the children will choose a meal to cook from scratch. I personally feel it has aided with building friendships, and the girls have felt the same way.'_ We are exploring a partnership with Community Chef to deliver a series of practical, health-focused cookery workshops for Wolo families. These sessions will support families affected by cancer to build confidence in preparing nutritious, affordable meals, while also creating a relaxed and sociable environment where people can connect with others who understand their situation. Workshops will be held in small groups to ensure a supportive, hands-on learning experience, and we hope to offer a range of themes including healthy comfort foods, batch-cooking on a budget, and family-friendly meal planning. This project aims to empower families with knowledge, practical skills, and community support to improve wellbeing through food. We have been successful in an application with Lewes District Council to put on 3 workshops, this will happen in the next financial year. **Therapies** We offer support to adults and children including physiotherapy, solution-focused hypnotherapy, counselling, bereavement support and play therapy. We also offer coaching, mentoring, and complementary therapies e.g. massage, acupuncture and reflexology. Services are offered depending on the individual needs of the family member. **Before therapy funded by Wolo** - _‘Life was joyless and empty. Every aspect of my life was a challenge.’_ **After therapy funded by Wolo** - _‘I feel like a totally different person. I am happy, positive, motivated and confident. Every day I get up and can do all the things I need to do. I am healthier as I make better food choices and exercise more. I have strategies to cope when things go wrong. I look forward to the future now.’_ We are also proud to announce our _Hope and Healing_ collaboration with Focus Foundation and the Brighton and Hastings Therapy Centre. Through this partnership, families who are affected by cancer and in need of emotional support can access timely, professional therapy without financial barriers. Focus Foundation covers the cost of the therapy sessions, ensuring that those who may otherwise be unable to afford support are still able to receive it. The Brighton and Hastings Therapy Centres provides a compassionate and specialist service to both adults and young people, helping them to process trauma, manage anxiety, and build emotional resilience during an incredibly challenging time. This partnership ensures that no family should have to face the emotional impact of cancer alone. - 4 - ## **WOLO FOUNDATION** ## **TRUSTEES REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ **Events** Families can take part in our free events and become part of the Wolo community through walks, talks and experiences. Events range from a free family festival ‘WoloFest’, to fun activities such as Go-Karting or ice skating. Regular events help families to have fun and meet others on a similar journey. Adult-only meets help to encourage friendships, and attendees can discuss difficult topics in a safe space free of judgement and without worrying about their children overhearing things. Child-only activities such as bush-craft, foster a sense of adventure and exploration, which are particularly therapeutic for children navigating the emotional and psychological impacts of illness. _‘Wolo are amazing. They helped all of us when my Daddy was having chemo. I’ve made some good friends and I still really like going to the events.’_ **Practical Help** Practical help can be anything from mowing the lawn, replacing a mattress/oven or dishwasher, to putting up a shed, organising a cleaner, helping to sort legal documents, end-of-life planning or assisting with preparing for surgery/treatment or funeral arrangements. When a parent can’t work the financial impact can be immediate and devastating. Practical things quickly move to the bottom of the priority list after a cancer diagnosis, so Wolo gives support where it is needed the most. **Wolo Shoebox** Devised as a result of personal experience, this toolkit is a document that, once completed by a family, is an essential resource in the event of emergencies or upon death. It helps families to get their affairs in order and keeps all of their vital information in one place. It is available to purchase online, and is given to Wolo families free of charge. **Wolo Wellness Programme** Wellness with Wolo is an ongoing project aimed at increasing awareness of our physical and mental health and wellbeing. Giving individuals and families the opportunities to try different practices and activities to proactively enhance their lives. We want to inspire people to habitually prioritise self-care, to ensure they are surviving, thriving and living their best lives. We do this by offering free weekly yoga sessions, ice bath opportunities, breathwork, float spa experiences, gym memberships, laughing yoga, weekly walks, forest bathing and more. We also offer an exclusive fully-funded 6-week wellness course which has been designed specifically to help families deal with the trauma of a cancer diagnosis. The course begins with a 3-day residential retreat, where participants connect with new friends and learn simple breathwork, meditation, movement and self-coaching techniques. This continues online for 6 weeks, where participants build upon the habits and techniques to embed them into their lives. The sessions continue beyond the course for those who need them. Unfortunately the wellness programme had to take a pause for this financial year due to lack of funds and unsuccessful grant applications - this has been a real shame as Wolo has a waiting list of beneficiaries that want to take part. It was agreed to restrict 25% of the funds raised at WoloBall 2024 to ensure at least one program can take place in 2025/2026. _‘I realised I was feeling like I was the main one responsible for (my husband’s) emotional mental state (during his cancer treatment). The moment that shifted was when he connected with Wolo. It was a bit of a revelation, especially with the wellbeing course. I noticed such a shift with him after that, and I just felt like he had people to share everything with that wasn’t just me, so I think i’d always thought that ‘wow that did such a lot for him’ but then suddenly I realised that him having such support just did such a lot for me too. I didn’t feel as alone with carrying him and whether he was okay through it.’_ - 5 - ## **WOLO FOUNDATION** ## **TRUSTEES REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ _‘The course for me couldn’t have come at a better time. I needed that switch to be forced as I couldn’t do it myself. Learning how to cope and the fact it’s fine to be vulnerable has reinvented the person I am and will remain to be.’_ _‘I really enjoyed the course. Loved the venue, the food, the company, the techniques we learned and the space for ‘me’. I will continue to use the tools throughout my life, so they have been very beneficial. I also feel a strong sense of belonging within the cohort. Thank you for this unique opportunity!’_ ## **Nature Based Project (Young People)** This year, Wolo piloted a nature-based wellbeing project in partnership with Africa Wild Trails to support young people living in households affected by cancer. Young people are often the _silent sufferers_ of parental cancer, carrying worry, confusion, and emotional strain while wanting to protect their family from further stress. We recognised a need for safe, supportive spaces where they could process feelings, build resilience, and connect with others who understand their experience. Nature provided the perfect setting - calm, grounding, and free from everyday pressures. The programme created an inclusive environment for participants aged 8–18 to spend time outdoors, develop emotional regulation, and build confidence. Through reflection time, outdoor learning, and teamwork activities, they developed key emotional and social skills including patience, empathy, communication, and co-operation. The outcomes were significant. Many young people who initially struggled with confidence, communication, or emotional regulation showed noticeable growth over the sessions. By the final day, they were able to plan, problem-solve, and work effectively as a team during a complex challenge. The pilot has shown strong potential to create lasting positive impact for young people coping with the emotional effects of cancer in the family, and we plan to continue developing and expanding this work in the year ahead. Young persons quote _“One memory is the 30 minutes by the river, looking up and down it and it looked just like a jigsaw. The colours were so vibrant like a jigsaw and the sun reflecting on everything and all of the lily pads. “_ Parent quote _“Equally the most valuable parts were connecting with nature and being outside with the amazing nurturing and inclusivity provided by the leaders.”_ ## **We work with families through diagnosis, treatment and beyond.** Life is precious - we need to make the most of it - we only live once - WOLO! ## **Equity, Diversity and Inclusion** “Cancer doesn’t discriminate — and neither do we.” At Wolo Foundation, we believe everyone affected by cancer should be able to access support, whatever their background or circumstances. Cancer can place huge emotional and financial pressure on families, and many people are unable to work during treatment or while caring for a loved one. Our services are free and open to all families who need them. Where longer-term support is needed, such as therapy or domestic help, this is assessed fairly and individually, based on each family’s situation. We understand that different people face different barriers to accessing support. These may relate to disability or long-term illness, ethnicity or culture, faith, sexual orientation or gender identity, neurodivergence, language, family structure, or other life experiences. We are committed to treating everyone with dignity and respect, and to making reasonable adjustments so that families can access our services in a way that works for them. - 6 - ## **WOLO FOUNDATION** ## **TRUSTEES REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ To help us do this well, we are developing a thoughtful and sensitive approach to collecting equality and diversity information, in partnership with Macmillan. We recognise that trust takes time, so we may not ask these questions straight away. Families are always free to share only what they feel comfortable with. We also work closely with other organisations across our community to help us reach families who may be less likely to access support, and to ensure our language, activities and services feel welcoming and inclusive. Accessibility is an important part of our work. We choose accessible venues wherever possible and adapt activities to suit different physical abilities. We help families to access mobility aids and equipment, and we have resources available to loan, such as a wheelchair and supportive seating. Activities like walking groups or yoga are adapted so that everyone can take part safely and comfortably. Across everything we do, we aim to create a supportive, non-judgemental environment where families feel seen, listened to and valued. We are always learning and improving, and we are committed to reducing barriers so that no family feels excluded from the support they need. **Our Partners** Our services are designed to fill the gaps that other cancer charities and statutory services cannot or do not, fill. We try not to duplicate other provision but the reality is that with statutory services where they are currently, there are times we need to - as waiting lists for mental and physical rehabilitation services for example, are often agonisingly long - even for those in greatest need of them. If we can move quickly to get our beneficiaries the services they need; we do. We actively collaborate with local and national charities to ensure that we are doing the best we can to improve the lives of those affected by cancer. These include the Children with Cancer Fund, Macmillan, Young Lives V Cancer, Teenage Cancer Trust, Sussex Cancer Centre, Mary How Trust, and many others. Our NHS partners refer patients to us via the CMS/Paediatric Oncologists and GP surgeries. Linking with other organisations helps to ensure families are supported on every level. 16 local businesses have joined our innovative Wolo 100 Club and ## donate £100 pm to support our work. We also actively use local services such as plumbers, therapists and cleaners to provide services to the families we support. We ensure these relationships remain healthy by paying for all the services that we use whilst negotiating discounts when possible. We are collating a directory of services across Sussex for families. ## **Sussex Chamber Awards Partnership** Wolo Foundation was the **first charity to be selected by the Sussex Chamber** to partner on their Awards Evening. This gave us a unique platform to **showcase our work** , raise awareness of our mission, and connect with local businesses and supporters. The event successfully **raised £7,000** for Wolo Foundation, directly supporting families affected by cancer in Sussex. See Finance section for more details. ## **Plans for 2025/26** - Expand wellness programs, including fully-funded courses. - Deliver cookery workshops in partnership with Community Chef. - Continue nature-based project for young people. - Increase Wolo 100 Club membership and other corporate partnerships. - Enhance impact measurement through theory of change evaluation. - Evaluate categorisation systems and strategy on waiting lists/growth. - 7 - ## **WOLO FOUNDATION** ## **TRUSTEES REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **Policy on grant making** Wolo is not a grant making charity, instead we help by purchasing products or services for families in need. ## **Contribution made by volunteers** This is an ongoing project. We are building a catalogue of supportive trades/professionals that Wolo can rely on to deliver the range of services needed by families. Where we can, we signpost people to those already delivering the work - we don't duplicate. We work with local businesses to get the best value and service as possible. We are passionate about collaborating with others. We have a number of volunteers to help facilitate events, and one other to help with admin. We are adding to this pool all of the time. Our ambassadors are also all volunteers. In addition to Trustees, there is a strong team of Ambassadors and volunteers including people with lived experience of cancer, and those who bring additional skills ranging from human resource management to fundraising and Wim Hof Method instruction. ## **Other** The continued support from the general public has been amazing, and we are extremely grateful for the commitment they have shown in volunteering, donating items, helping to raise funds and spreading awareness. ## **Achievements and Performance** From a small charity, Wolo now supports 181 families, a 2916% increase since 2020. Families report improved mental, physical, and social wellbeing, as well as reduced financial stress. Events, wellness programs, and therapies contribute to this impact, alongside innovative fundraising that raised £269,309 this year. The number of families supported by Wolo has increased 2583% since 2020. Our small team currently monitors impact through data from impact surveys, and the results from August 2024 are summarised below: ## **100% of the families we have supported feel that Wolo has made a positive impact on their cancer journey and family. 80% rated this impact as 10/10.** Wolo’s broad offering and bespoke approach to meeting an individual’s needs meant that **100% say Wolo has improved their mental health;** ## _**“Better than any other service provider for mental health and wellbeing.”**_ _“From the weekly yoga to the ice baths, and just being able to meet with other people that have/ are going through the same as you helps me feel like there is light at the end of the tunnel.”_ _“The range of therapists they have on hand is amazing, there is something suitable for everyone.”_ _“Wolo offer a range of wellbeing sessions/advice that other charities simply don’t offer. Wolo I feel are unique and quite different to other charities.”_ _“Their awareness is second to none around cancer. For example, at our weekly walk we can share our thoughts and feelings without judgements, but if I need to see a therapist, they can organise that for me too.”_ There are multiple physical impacts of cancer and **55% say Wolo has improved their physical health;** _“The weekly running group is fantastic and also gives me that little bit of extra motivation that I need. We also have used the local gyms thanks to Wolo. As a family we know how important physical health is for everyone but especially those on a cancer journey; so to be able to use these facilities has been great.”_ - 8 - ## **WOLO FOUNDATION** ## **TRUSTEES REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ _“I was having trouble sleeping so Wolo suggested solution-focused hypnotherapy. It helped so much and it’s amazing the difference a good night’s sleep makes to your whole life.”_ _“I have received lots of guidance on physical activities that are beneficial to cancer patients, I do weekly walks at Arlington with the Wolo group, weekly yoga and sometimes other exercises.”_ Informal support from people in similar situations matters. **95% of families say we connected them to peers;** _“The most important thing I have gained is being connected with a family in exactly the same situation as me with two young children. We have spent a lot of time together since our introduction and I can’t put into words how valuable it has been for us.”_ _“Before Wolo we didn’t know anyone our age or with children who had cancer but now we have so many people to spend time with and talk to.”_ _“I met many people with similar experiences, which is fantastic, it’s like an extended family to me.”_ Wolo helps people to live as full a life as possible. **90% say Wolo has improved their social life;** _“I struggled to go out and felt uncomfortable in certain social environments. Wolo helps me feel comfortable and it’s nice to see the children so happy at their events.”_ _“Wolo gave us an opportunity in the summer holidays to socialise. An amazing event organised for us to enjoy that we wouldn’t have organised ourselves as we had just returned from 6 weeks in London where my daughter was having treatment.” “I have more friends to talk to, people who went through similar experiences. There are plenty of_ ## _opportunities_ _weekly to catch up with them via Wolo ‘s events.”_ ## Financial concerns are ever-present, yet **70% say Wolo has reduced their anxiety around finances.** _“Looking after your health to beat cancer is very expensive; from yoga classes, health club, cleaner and physician (with my disability), just a few to mention that I get from Wolo. I couldn’t have afforded these, but they are critical to me in my cancer journey.”_ Evaluation is a critical part of our work. We use evaluation to measure our impact, but also to learn, adapt, and steer our direction based on feedback. We measure our outcomes based on qualitative and quantitative data from evaluative questionnaires, case studies and project evaluation reports. During the next year we will improve our outcomes monitoring undertaking a theory of change exercise. _“When Daddy was in hospital and covered in wires, Wolo helped me to realise that there are other people who_ _have experienced what I have, and to remind myself that the world is a happy thing. When Daddy died, we were all separated because we were grieving, but Wolo events helped to bring us together. I’ve really enjoyed the fun days out and I love the message of ‘we only live once’”_ ·In 2024-2025 the total number of towns in Sussex covered by Wolo was 38 (increase in 6 different towns on the previous year). 84% of families live in East Sussex, and 14% in West Sussex. Eastbourne was our most heavily populated town, with 19% of families residing there. - ·We plant a tree for every life taken too soon. - **2023** Community Champion of the Year – Sussex Chamber of Commerce - ·Finalist **2024** Gamechanger of the Year - Sussex Chamber of Commerce - ·Finalist **2024** Community Champion of the Year – Sussex Chamber of Commerce - **2025** Community Contribution Business of the Year – Gatwick Diamond Business Club - 9 - ## **WOLO FOUNDATION** ## **TRUSTEES REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ **Financial Review** Wolo has been very successful to date - raising nearly £1million since 2020 through a good variety of income streams; which have recently been added to due to the cost of living/giving crisis. The management team has devised, and is successfully implementing, new sustainability procedures by creating extra revenue opportunities and cutting non-essential costs to prioritise expenditure to help ensure Wolo’s continued viability. As a small, grassroots charity, Wolo is consistently trying to build a satisfactory level of reserves. Efforts have been harboured due to the current cost of living crisis, an unprecedented demand for services and grants being oversubscribed and extremely competitive. It is the policy of the charity that unrestricted funds should be maintained at a level equivalent to between 3 and 6 months of expenditure so 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. There are just under 3 months worth of reserves in place. Income streams include a full fundraising calendar for 2024-2025, an increase in grant and trust applications, our innovative Wolo100 Club (where businesses donate £100 per month for a minimum of 12 months), other corporate initiatives, community events, major donors and our Sponsor-a-Family campaigns. This means strategies are in place to enable our work to continue, and we are confident our reserves will grow to our target level in time. We are also adding wellness workshops for individuals and corporates as an income stream in 2025 using the new skills accrued by Team Wolo. We also intend to make better use of ‘the Big Give’ next year (as this is the first year we have done it) to really maximise the potential of doubling any pledges (we have a mentor to help with this). We raised a total of £269,309 in the last financial year. We offered opportunities to run, walk, cycle, skydive, wingwalk, firewalk and abseil, including international events; and supported fundraisers with other events such as fetes and sales and Bingo and Quiz nights ## **Wolo Ball and Silent Auction** Last year’s Wolo Ball was a great success, raising £18,800 for Wolo Foundation. The silent auction was run by a third-party company, Fundraising Auctions. Unfortunately, the company went into administration in early 2025 shortly after the WoloBall, and a small number of auction winners were unable to claim their lots directly from the provider. All affected parties were able to reclaim funds via their credit card providers. While regrettable, the situation was promptly addressed, and we have reviewed our processes for future events to minimise risk, including considering alternative auction providers and ensuring clear contractual protections. We were chosen as the charity of the year for The View Hotel, Eastbourne, and Sussex Chamber Awards. We secured 9 new Wolo 100 Club members that helped to generate £1080 each PA. We have also been fortunate to receive some large donations during the year: Chris Goodman - £30,000 We have secured grants to fund particular projects and we are fully committed to continuing to apply for these throughout the year: Adsa £425 Outdoors for all £1,500 The Spectris Foundation £5,001 Ernest Klein £3,000 The National Lottery £20,000 - 10 - ## **WOLO FOUNDATION** ## **TRUSTEES REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ Skipton Building Society £1,518 Garfield Western £25,000 Global - Make Some Noise £62,000 (over a two year period, funding to start 01.04.25) During the year, three Trustees - Mrs F Wright, Mr J Wright and Ms S Aiken received pay on a self-employed basis. The maximum hours worked and hourly rates have been reviewed and agreed by the remaining trustees (C.Hermon, A.Whisker and S. Maclean). **One-off purchases** There were no large one-off purchases made during the financial year. ## **Structure, governance and management** Wolo Foundation is a Charitable Incorporated Organisation (CIO). Our constitution document is dated 10th December 2019 and was signed by the trustees at the point of submission. It includes all of the required information and has been approved by the Charities Commission. The trustees who served during the year and up to the date of signature of the financial statements were: Mrs F Wright (Resigned 12 February 2025) Ms S Aiken (Resigned 9 January 2025) Ms C Boorman (Resigned 30 September 2024) Ms C M Hermon Mr J Wright (Resigned 11 March 2025) Mr S MacLean Mr A Whisker Ms J Merritt (Resigned 1 October 2024) Mr M Storey (Appointed 5 December 2025) Mr J Bricknell (Appointed 25 September 2025) For the vast majority of this financial year, the Trustees were led by Fler and Justin Wright who began the charity following Fler’s own cancer diagnosis. Their lived experience of cancer and its impact on their family informs the strategic decision-making of Wolo. _Fler Wright (former Trustee & Co-Founder) – cancer survivor, former business owner and civil servant. “When we set up Wolo we never dreamed the demand for our services would be so big. I feel so proud of what we have achieved to date, and the many lives we have improved since we started. My role is varied and continually evolving. I love the challenges it brings and learning new skills. I have the empathy and lived experience to lead the Wolo community and like to think I spread a little joy wherever I go.” Justin Wright (former Trustee & Co-Founder) –_ _award-winning graphic designer with 25 years’ experience. “I take_ _pride in being a husband to a cancer survivor. When cancer impacted our family, it was a profound jolt that shifted my perspective. Balancing work, parenting duties, and my own mental well-being has been a significant challenge. I am deeply committed to promoting mental health and wellness, driven by a strong desire for individuals to become the best versions of themselves.” Sam Aiken (former Trustee) – 15 years’ experience in accountancy. Sam_ _holds dual roles of Finance Manager and_ _Wellness Coordinator. “When I was diagnosed with breast cancer in 2019, I knew straight away I wanted to give back to my community but wasn’t sure how. I found Wolo and support them with accounting and my passion for well-being"._ - 11 - ## **WOLO FOUNDATION** ## **TRUSTEES REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ _Claire Hermon (Trustee) - 17 years’ experience as a qualified social worker with children and families, school governor and experienced Trustee. “I believe Wolo is vital and making a huge difference to the families they support and I want to help them to continue to grow the charity to reach more families in need.”_ _Stuart Maclean (Trustee) - Stuart works in the Social Housing sector and brings budget management experience to the Board. “I have close friends and family that have been affected by cancer and wanted to give something back to a community that I have lived in all my life and am very passionate about.” Adam Whisker (Trustee & Co-Chair) –_ _Adam is Head of IMO at a civil service organisation. “I wanted to help with a_ _local charity that provides support for people in the local community. I have had first-hand experience of a family member who has suffered with cancer so WOLO seemed perfect for me. I have experience of running projects in the public sector so I can help with the governance aspect for WOLO.”_ _Wolo are currently recruiting for trustees who have experience of sales and fundraising._ To ensure full transparency and strengthen Wolo’s governance structure, the Trustees who are being paid for their contracted services on a self-employed basis (Mrs F Wright, Mr J Wright and Ms S Aiken) made the decision to step down from the Board in early 2025. This allowed a clear distinction between governance and operations, enabling the creation of a dedicated management team responsible for the charity’s day-to-day delivery, while the independent Board of Trustees continues to focus on oversight, strategy, and accountability. This change supports best practice and reinforces Wolo’s commitment to openness and integrity in everything we do. Wolo Foundation recognises that an effective board of trustees is essential if the charity is to be effective in achieving its objects. The board must seek to be representative of the people with whom the charity works and must have available to it all of the knowledge and skills required to run the charity. Individual trustees must have sufficient knowledge, both of trusteeship in general and of the Charity's activities, to enable them to carry out their role and to represent the Charity at meetings and other events. Our constitution document details the eligibility requirements, appointment and roles of trustees. Wolo advertised the Trustee vacancies on LinkedIn, on our website ## and on other social media platforms when J Merritt and C Boorman resigned. We invited all applicants to submit a proposal detailing why they wanted to be considered for the position and what they could bring to the Board. Wolo then conducted online interviews with shortlisted applicants. The successful applicants were chosen as they were able to demonstrate they have the necessary skills, knowledge and experience needed for the effective administration of the CIO. They were initially recruited as associate Trustees. Both then had a change in personal circumstances and stepped down. Every trustee is appointed for a term of two years by a resolution passed at a properly convened meeting of the charity trustees. Two of the trustees are related (the co- founders are trustees and are married. Both have a lived experience of cancer. Both resigned early 2025). The remaining Board are all unrelated and form an independent Board. _‘Their unique approach means Wolo has fast become one of the leading charities in the area and is inspiring others with their ideas, positivity and influence. Always going over and above; the bespoke, personal nature of Wolo is such a lifeline for so many who have nowhere else to turn.’_ **Remember, life is precious, we need to make the most** ## **of it - We only live once - Wolo!** - 12 - ## **WOLO FOUNDATION** ## **TRUSTEES REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ The Trustees report was approved by the Board of Trustees. Mr A Whisker **Trustee** 28 January 2026 - 13 - ## **WOLO FOUNDATION** ## **STATEMENT OF TRUSTEES RESPONSIBILITIES** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ The trustees are responsible for preparing the Trustees Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. - 14 - ## **WOLO FOUNDATION** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF WOLO FOUNDATION** I report to the trustees on my examination of the financial statements of Wolo Foundation (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** Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. 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. 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. - 4 the financial statements 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 financial statements to be reached. ## **N Rawson FCA on behalf of TC Group** One Bell Lane Lewes East Sussex BN7 1JU Dated: 28 January 2026 - 15 - ## **WOLO FOUNDATION** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**Total income**
**Net movement in**
**funds**
**Total expenditure**
**Expenditure on:**
Raising funds
Charitable activities
**Income**
**from:**
Donations and legacies
Other trading activities
Investments
**Net income/(expenditure)**
Transfers between
funds
**Fund balances at 31 March**
**2025**
**2**
**3**
**4**
**5**
**6**
**8**
**Reconciliation of funds:**
Fund balances at 1 April 2024
**Notes**
9,368
23,964
24,485
180,086
36,449
152,484
188,933
104,640
74,883
563
521
**Unrestricted**
**funds**
**2025**
**£**
(8,847)
88,319
2,951
55,318
58,269
30,050
20,682
13,909
34,591
**Restricted**
**funds**
**2025**
**£**
88,319
-
-
(9,368)|21,203
21,203
37,873
59,076
268,405
39,400
207,802
247,202
192,959
74,883
563
**2025**
**£**
-
**Total**
74,002
23,964
116,340
47,375
90
163,805
42,347
171,496
213,843
**Unrestricted**
**funds**
**2024**
**£**
-
(50,038)
(50,038)
4,652
4,652
9,257
73,554
20,204
48,698
68,902
13,909
**Restricted**
**funds**
**2024**
**£**
73,554
-
-
-|189,894
47,375
90
237,359
**2024**
**£**
**Total**| |---|---|---| |||| |||62,551
220,194
282,745| |||| |||83,259
37,873
-
(45,386)
(45,386)| - 16 - ## **WOLO FOUNDATION** ## **BALANCE SHEET** ## _**AS AT 31 MARCH 2025**_ |**Fixed assets**
Tangible assets
**Net current assets**
**The funds of the charity**
Restricted income funds
Unrestricted funds
**Current assets**
Stocks
Debtors
Cash at bank and in hand
**Total assets less current liabilities**
**Creditors: amounts falling due within one**
**year**
**12**
**13**
**14**
**15**
**18**
**19**
**Notes**
1,500
4,143
53,068
58,711
(18,265)
**2025**
**£**|**£**
18,630
40,446
59,076
34,591
24,485
59,076
1,500
11,154
19,483
32,137
(20,027)
**2024**
**£**|**£**
25,763
12,110| |---|---|---| |||37,873| |||| |||13,909
23,964| |||37,873| The financial statements were approved by the trustees on 28 January 2026 Mr A Whisker **Trustee** - 17 - ## **WOLO FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** ## **Charity information** Wolo Foundation is a charitable incorporated organisation (CIO) incorporated in England and Wales. - **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 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 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. ## **1.3 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. - 18 - ## **WOLO FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** **(Continued)** ## **1.4 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. ## **1.5 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: Plant and equipment 25% reducing balance Computers 3 years straight line basis Motor vehicles 25% reducing balance 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. - **1.6 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). - **1.7 Stocks** Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost. Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution. - **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. - 19 - ## **WOLO FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** ## **(Continued)** ## **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. ## _**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. ## **1.10Employee 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. ## **1.11Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. - 20 - ## **WOLO FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **2 Income from donations and legacies** |Donations and gifts
Grants
**Donations and gifts**
Chris Goodman
NIO
Piranha Seafoods
Ernest Kleinwort
Erika Balkham
The Masons
Other
104,640
104,640
**Unrestricted**
**funds**
**2025**
**£**
104,640
-
-
-
1,196
-
4,000
1,750
97,694
88,319
30,000
**Restricted**
**funds**
**2025**
**£**
30,000
58,319
30,000
-
-
-
-
-
-|192,959
134,640
**2025**
**£**
134,640
58,319
30,000
-
1,196
-
4,000
1,750
97,694
**Total**
96,240
116,340
**Unrestricted**
**funds**
**2024**
**£**
96,240
20,100
-
-
2,000
-
-
-
94,240
73,554
37,500
**Restricted**
**funds**
**2024**
**£**
37,500
36,054
30,000
5,000
-
2,500
-
-
-|**2024**
**£**
133,740
56,154
**Total**| |---|---|---| |||189,894| |||| |||30,000
5,000
2,000
2,500
-
-
94,240| |||133,740| - 21 - ## **WOLO FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**2**
**Grants**
Garfield Western
Sussex Community
Foundation
Sussex Community
Foundation - Rampion
The National Lottery 24
The Spectris Foundation
Sussex Masonic
Charitable Foundation
Focus Foundation
Lewes Rotary Club
Albert Hunt
Ernest Kleinwort
Skipton Building Society
ASDA Food Grant
Outdoors For All
The National Lottery -
Family Events
Other
**Income from donations and legacies**
**Unrestricted**
**funds**
**2025**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
58,319
**Restricted**
**funds**
**2025**
**£**
25,000
-
1,875
20,000
5,001
-
-
-
-
3,000
1,518
425
1,500
-
-|58,319
**2025**
**£**
25,000
-
1,875
20,000
5,001
-
-
-
-
3,000
1,518
425
1,500
-
-
**Total**
20,100
-
-
-
-
20,000
-
-
-
-
-
-
-
-
100
**Unrestricted**
**funds**
**2024**
**£**
36,054
-
3,750
2,500
-
-
-
9,986
1,818
5,000
3,000
-
-
-
10,000
-
56,154
-
3,750
2,500
-
-
20,000
9,986
1,818
5,000
3,000
-
-
-
10,000
100
**(Continued)**
**Restricted**
**Total**
**funds**
**2024**
**2024**
**£**
**£**|58,319
**2025**
**£**
25,000
-
1,875
20,000
5,001
-
-
-
-
3,000
1,518
425
1,500
-
-
**Total**
20,100
-
-
-
-
20,000
-
-
-
-
-
-
-
-
100
**Unrestricted**
**funds**
**2024**
**£**
36,054
-
3,750
2,500
-
-
-
9,986
1,818
5,000
3,000
-
-
-
10,000
-
56,154
-
3,750
2,500
-
-
20,000
9,986
1,818
5,000
3,000
-
-
-
10,000
100
**(Continued)**
**Restricted**
**Total**
**funds**
**2024**
**2024**
**£**
**£**| |---|---|---| |||56,154| ## **3 Other trading activities** ||**Unrestricted**|**Unrestricted**| |---|---|---| ||**funds**|**funds**| ||**2025**|**2024**| ||**£**|**£**| |Fundraising events|74,312|46,464| |Shop income|571|911| ||74,883|47,375| - 22 - ## **WOLO FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **4 Income from investments** |**Raising funds**
Interest receivable
Staging fundraising
events
Other fundraising costs
Fundraising and publicity
33,449
3,000
36,449
36,449
**2025**
**£**
**Unrestricted**
**funds**
2,951
2,951
**2025**
**£**
**Restricted**
**funds**
2,951
-|36,400
3,000
39,400
39,400
**2025**
**£**
42,347
42,347
**2024**
**£**
**Total Unrestricted**
**funds**
42,347
-
**Unrestricted**
**funds**
**2025**
**£**
563
20,204
20,204
**2024**
**£**
**Restricted**
**funds**
20,204
-
62,551
62,551
**2024**
**£**
**Unrestricted**
**funds**
**2024**
**£**
90
62,551
-
**Total**|36,400
3,000
39,400
39,400
**2025**
**£**
42,347
42,347
**2024**
**£**
**Total Unrestricted**
**funds**
42,347
-
**Unrestricted**
**funds**
**2025**
**£**
563
20,204
20,204
**2024**
**£**
**Restricted**
**funds**
20,204
-
62,551
62,551
**2024**
**£**
**Unrestricted**
**funds**
**2024**
**£**
90
62,551
-
**Total**| |---|---|---| |||| |||**2024**
**£**
62,551
-
**Total**| |||62,551| |||62,551| ## **5 Raising funds** - 23 - ## **WOLO FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **6 Expenditure on charitable activities** ||**Supporting**|**Supporting**| |---|---|---| ||**families**|**families**| ||**affected by**|**affected by**| ||**cancer**|**cancer**| ||**2025**|**2024**| ||**£**|**£**| |**Direct costs**||| |Staff costs|32,738|31,837| |Depreciation and impairment|7,133|9,078| |Supporting families affected by cancer|42,745|61,215| |Travel costs|451|1,174| ||83,067|103,304| |**Share of support and governance costs (see note 7)**||| |Support|121,230|109,362| |Governance|3,505|7,528| ||207,802|220,194| |**Analysis by fund**||| |Unrestricted funds|152,484|171,496| |Restricted funds|55,318|48,698| ||207,802|220,194| - 24 - ## **WOLO FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **7 Support costs** |Analysed between
Charitable activities
Legal and professional
Trustee meetings and
office costs
Bank fees
Staff costs IT software
and
consumables
Printing and stationery
Finance costs
Postage costs
Advertising
Insurance
Rent
Subscriptions
Management fees
Staff training and welfare
Motor vehicle expenses
Repairs and maintenance
Entertainment
-
-
-
121,230
3,505
**Support Governance**
**costs**
**costs**
**£**
**£**
562
-
3,869
-
-
-
-
-
-
-
-
-
-
-
-
-
386
4,300
111
3,118
181
3,000
776
97,146
6,011
1,428
320
22
2,165
1,340
-|124,735
**2025**
**£**
562
3,869
386
4,300
111
3,118
181
3,000
776
97,146
6,011
1,428
320
22
2,165
1,340
-|109,362
-
-
-
5,202
2,323
3
7,528
**Support Governance**
**costs**
**costs**
**£**
**£**
-
-
2,247
-
-
-
-
-
-
-
-
-
-
-
-
-
680
2,325
90
7,427
218
3,100
548
84,790
4,246
1,897
1,332
462|5,202
2,323
3
**2024**
**£**
-
2,247
680
2,325
90
7,427
218
3,100
548
84,790
4,246
1,897
1,332
462| |---|---|---|---| ||||116,890| ||||| Governance costs - Legal and professional fees includes payments to the independent examiner of £2,129(2024 - £5,136). Of these fees, £1,620 (2024 - £3,444) relates to 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|7,133|9,078| - 25 - ## **WOLO FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **9 Trustees** Fler Wright and Justin Wright are responsible for the day to day management of the charity as delegated by the Board of Trustees and receive remuneration for their work. Remuneration is paid for the running of the charity and not for being a trustee. Samantha Aiken also acted as the charity treasurer during the year. During the year Fler Wright, Justin Wright and Samantha Aiken stepped down as trustees but remained selfemployed, providing services to the charity. The following remuneration was received whilst all parties were still trustees: Fler Wright received £31,605 (2024 - £32,318), Justin Wright received £33,611 (2024 - £36,105) and Samantha Aiken received £17,325 (2024 - £16,367). Trustee reimbursed expenses totalled £707 (2024 - £3,976). These expenses relate to telephone costs, meeting costs, travel costs, waste disposal costs, fundraising costs, welfare costs as well as other costs relating to supporting families. There was also reimbursement for the use of storage space. The following self-employed income was received after all parties had stepped down as Trustees: Fler Wright received £5,880, Justin Wright is due to receive £3,056 as at the year end and Samantha Aiken received £5,670. ## **10 Employees** The average monthly number of employees during the year was: ||**2025**|**2024**| |---|---|---| ||**Number**|**Number**| ||2|2| |**Employment costs**|**2025**|**2024**| ||**£**|**£**| |Wages and salaries|32,738|31,282| |Other pension costs|562|555| ||33,300|31,837| There were no employees whose annual remuneration was more than £60,000. ## **11 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. - 26 - ## **WOLO FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**12**
**13**
**14**
**Stocks**
**Debtors**
**Cost**
At 1 April 2024
At 31 March 2025
At 31 March 2025
At 31 March 2024
**Carrying amount**
At 31 March 2025
**Tangible fixed assets**
**Depreciation and impairment**
At 1 April 2024
Depreciation charged in the year
Finished goods and goods for resale
**Amounts falling due within one year:**
Trade debtors
Other debtors
Prepayments and accrued income
**£**
2,396
2,396
1,192
1,204
1,606
790
402
**£**
4,736
4,736
2,321
1,295
3,616
1,120
2,415
4,143
**2025**
**£**
1,500
**2025**
**£**
-
-
4,143
7,248
5,436
**£**
28,990
28,990
12,684
16,306
21,742
**Plant and**
**equipment**
**ComputersMotor vehicles**|**£**
36,122
**Total**| |---|---| ||36,122| ||10,359
7,133| ||17,492| ||18,630| ||| ||25,763| ||| ||**2024**
**£**
1,500| ||| ||**2024**
**£**
5,000
3,929
2,225| ||11,154| - 27 - ## **WOLO FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **15 Creditors: amounts falling due within one year** |**16**
**Deferred income**
Other deferred income
Movements in the year:
Deferred income at 1 April 2024
Released from previous periods
Resources deferred in the year
Other taxation and social security
Deferred income
Trade creditors
Other creditors
Accruals
Deferred income at 31 March 2025
Deferred income is included within:
Current liabilities
Deferred income is included in the financial statements as follows:
**16**
**Notes**|5,625
18,265
**2025**
**£**
611
5,625
2,882
7,510
1,637
**2025**
**£**
5,625
**2025**
**£**
5,625
7,500
(1,875)
-|20,027
**2024**
**£**
315
7,500
867
8,836
2,509| |---|---|---| |||| |||**2024**
**£**
7,500| |||| |||**2024**
**£**
7,500| |||| |||7,500
3,750
(3,750)
7,500| During the year £5,625 was deferred (2024: £7,500) in relation to a grant for a new electric van. This amount is released in line with the depreciation rate (25% reducing balance) of the electric van, which was purchased in 2024 for £28,990 with the restricted total of the purchase being £10,000. - 28 - ## **WOLO FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**17**|**Retirement benefit schemes**||| |---|---|---|---| |||**2025**|**2024**| ||**Defined contribution schemes**|**£**|**£**| ||Charge to profit or loss in respect of defined contribution schemes|562|555| ## **18 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 2024**|**Incoming**|**Resources**|**Transfers**|**At 31 March**| |---|---|---|---|---|---| |||**resources**|**expended**||**2025**| ||**£**|**£**|**£**|**£**|**£**| ||-|-|-|-|-| |Family collection|7,884|-|(429)|(7,455)|-| |Marketing sponsorship|376|-|-|(376)|-| |Chris Goodman salary donation|821|30,000|(30,000)|(821)|-| |Family events|2,294|-|(2,294)|-|-| |Wellbeing fund|(1,784)|-|-|1,784|-| |Garfield Western grant|-|25,000|(5,617)|-|19,383| |Skipton Building Society grant|-|1,518|(1,251)|-|267| |ASDA food grant|-|425|-|-|425| |Outdoors For All grant|-|1,500|(1,500)|-|-| |The Spectris Foundation|-|5,001|(4,543)|-|458| |Therapies fund|2,500|3,000|(3,000)|(2,500)|-| |Sound equipment fund|1,818|-|-|-|1,818| |National Lottery|-|20,000|(7,760)|-|12,240| |Electric van fund|-|1,875|(1,875)|-|-| ||13,909|88,319|(58,269)|(9,368)|34,591| - 29 - ## **WOLO FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**18**|**Restricted funds**|||||**(Continued)**| |---|---|---|---|---|---|---| ||**Previous year:**|**At 1 April 2023**|**Incoming**|**Resources**|**Transfers**|**At 31 March**| ||||**resources**|**expended**||**2024**| |||**£**|**£**|**£**|**£**|**£**| |||-|-|-|-|-| ||Provision of food parcels|600|3,750|(4,350)|-|-| ||Family collection|7,456|5,000|(4,572)|-|7,884| ||Marketing sponsorship|376|-|-|-|376| ||Chris Goodman salary grant|825|30,000|(30,004)|-|821| ||Family events|-|10,000|(7,706)|-|2,294| ||Wellbeing fund|-|14,986|(16,770)|-|(1,784)| ||Therapies fund|-|5,500|(3,000)|-|2,500| ||Electric van fund|-|2,500|(2,500)|-|-| ||Sound equipment fund|-|1,818|-|-|1,818| |||9,257|73,554|68,902|-|13,909| - The Family Collection relates to family funds managed by the charity. - The Marketing Sponsorship fund relates to funds to be spent on Africa 100 marketing. - The Chris Goodman salary donation fund relates to funds to be spent on payroll costs. - The family events fund relates to funds to be spent on supporting families affected by cancer through Wolo events and family get togethers. - The Wellbeing fund relates to funds to be spent on wellness activities. - The Garfield Western grant relates to funds spent on core costs. - The Skipton Building Society grant relates to funds spent on yoga equipment for Warriors Breath. - The ASDA food grant relates to funds spent on food for Wolo events. - The Outdoors For All grant relates to funds for the Bushcraft Course. - The Spectris Foundation grant relates to funds spent on supporting families affected by cancer through family get togethers, therapies and wellness activities. - The Therapies fund relates to funds to be spent on therapies. - The Sound Equipment fund relates to funds to be spent on sound equipment. - The National Lottery grant relates to funds to be spent on cleaning, food vouchers and retreats. - The Electric van fund relates to funds to be spent on an electric van. A van was purchased during year ended 2024 and therefore the £10,000 donation is being released in line with the depreciation of the vehicle. - ·This year £11,154 of income resources and £1,786 of expended resources (net £9,368) were transferred to unrestricted funds. This is a correction to restricted funds which were utilised in prior periods. - 30 - ## **WOLO FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **19 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. |General funds
General funds
**Previous year:**
**At 1 April 2024**
**£**
23,964
**At 1 April 2023**
**£**
74,002|**Incoming**
**resources**
**£**
180,086
**Incoming**
**resources**
**£**
163,805
**Resources**
**expended**
**£**
(188,933)
**Resources**
**expended**
**£**
(213,843)|**Transfers**
**£**
9,368
**Transfers**
**£**
-
**At**
**At**|**31 March**
**2025**
**£**
24,485| |---|---|---|---| ||||| ||||**31 March**
**2024**
**£**
23,964| ## **20 Analysis of net assets between funds** |**At 31 March 2025:**
Tangible assets
Current assets/(liabilities)
**At 31 March 2024:**
Tangible assets
Current assets/(liabilities)
24,485
23,964
**Unrestricted**
**funds**
**2025**
**£**
13,005
11,480
**Unrestricted**
**funds**
**2024**
**£**
18,263
5,701
34,591
13,909
**Restricted**
**funds**
**2025**
**£**
5,625
28,966
**Restricted**
**funds**
**2024**
**£**
7,500
6,409|**2025**
**£**
18,630
40,446
**Total**| |---|---| ||59,076| ||| ||**2024**
**£**
25,763
12,110
**Total**| ||37,873| - 31 - ## **WOLO FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **21 Related party transactions** Included within other creditors is £7,457 (2024: £8,808) due to former trustees for their roles in the day to day management of the charity. The former trustees include Fler Wright, Justin Wright and Samantha Aiken, who all stepped down as trustees during the year but remained self-employed, providing services to the charity. There is further disclosure of this in the trustees note. There is also further disclosure around trustee renumeration and reimbursed expenses in the trustees note. There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties. - 32 -