Charity registrAtiOD nllmber 1189951 (England and Wales} UHY Ctsjllpanv r¢gistr#tioll muJnb¢r 120431M4 MINDSTEP FOI,'ND,ITION ANNUAL REPORT AND UNAIDITED FINANCIALSTATEMENTS FOR THE YEAR E)DED 30JLINE 202q IINDSTEP FOI,'ND.4TION LEGALANDADI¥IINISTIiATIN"E INFORMATION Trusttes Mrs T K Dal les Mi_%% CJ les Miss J Dai'ies Country of Incorpor*tio Uni*d Kingdom IEngland Jnd Wales) 12043044 Charity registration ETh8land and Wales 1189951 Rtglsttttd offloe M&xiiell Chamlvs i&iR Ilill South Wales Llnil¢d Kingdom NP20 IJE Independent eximlller UHY Ha¢k¢r l'oun8 Ilrndbur%" Ilous¢ Mi.%sii)n Court NLivrK)rn I Inii¢d Kin8d()m Nl>2{121)W IINDSTEP FOI,'ND.4TION CONTENTS Page Trustee5 repon Indcpendcni examiner's rerM)rt Stat¢m¢nt ol. linan¢ial a¥¢iViiiCS lancL %he¥'t Ni)tL% to (hL finunLial sl%LIL￿Il￿ts 8- 13 IINDSTEP FOI,'ND.4TION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORTI FOR THF YFAR ENDEDJOJIINE2025 The trustees pre5¢nt their annual r¢tKbrt and financial 5tatetnents forthe ended 30 June 2025. The linancial statements have beet* prepared in accordance 14iih ihe ac£ollnting wlicies sd Oui in note l ia the linaneial staiemenis and compl% i%'iih the Lhariii's 8OILmin8 document. Ihe Companies Aci 2(K>6 and "Accouniing and Reporting bN Chariiies.. SLTriemeni ol- Recommended Praciice applicable ￿ charilies preparing their accounts in wrdanLe iNiih th¢ Fin￿￿LIa1 ReEKlrting Sknn(knrd applicable in the I IK RepubliL of [re1￿￿d IFRS I(l?I leff¢Ltiv¢ l Jartuar) 20191.. Obje¢¢iv¢s *nd #ctivities Thl ¢htiriti's i)bjLxis ar¢ thi pr¢sLmaiion Jnd prnt¢¢lion ol-ph! sical and m¢ntal h¢alih through l￿￿¢9[10n, ¢ouns¢lling and rLsLarch and linancial &ssistanLe io ihose ii'ho are unable ￿ aiyord ireatmeni. In thi5 vLar. thL Mind51ep l.oundation ha5 acied in acLonJance i%'iih i15 objcciii'e5. Il'ith incornc bcing used to lund P(i.%lgruduulL rL'%LarLh inli) [nLn1￿ll hl'ulih .%uiiidL' PTLILnlii)n j.%l￿ b! PN)(L%%)r Ri)r> l)'('i)nn(Ir ut lh¢ lJniiLrs1i￿ i)I' CilJ%gL)%i. ThL Lharii% LortiribulL￿ £?04.0(10 io ih¢ r¢s¢Jrih Ir(Trm Jul> 2019 uniil DeL¢m￿r 2024. In I,ebruarn 21125. the Lharii> LY)mmiiied lurther lunding 4)1'£1(K).(KM) uniil I)Lxem￿r 2U27. ThL Lhuril), 1% in Ihl priiLL.%% i)rtraining thlra￿Ut1L LM)unstll(￿ iithi) i¥'ill IK. ublL ts) un(Jcrtake 4uh4idisL'd Li)unsLllin¥ iin k,hall' i¥l' th¥ ￿lin￿_*1Lp l.c)unduiii)n. -[%%() haie alTLad! qualifJLyJ I￿1th anc)ther ¢iic) duL t() qualil j in ihL iiLxl linaniial p¢riixl. 'I'h¢ ¢hari¢J hos also ¢ommii¢¢d 10 pn)%'iding need financial assistanc¢ lor a lillh (rain¢¢ due in %LPILmhLr 211?5. 'I'hL Lhurii> pr(IkidLxl AppliLxl Suicidc InlLn'Lnti(In Skill¥ 'l'raining d[)mL￿lIC abu&L charilj durinjs thL PL'riL)d und rtxLnil} ¥xpandLd ils Iill¥ring M qualill ing a irainlr in %uiLI￿. Firsi Aid. 'I'hi ifu5¢i*'% ha￿¢ paid dul r¥8ard [() BuidJn¢¢ issw.d b>" lh¢ Chariiy Lommission in (l¢iiding Jitiviii¥% lh¥ Lharily.%hiiuld undLrtake. Achievements and perfomAA¢e l)uring thL ￿Lar ha%L fL*LIVLd donaiions or £5g.so7 121)24 £24.114%1 ii'hiLh hale primaril) u5l￿ ii) lund %uiiidi prLNLnti(In rL%LarLh b) ihi lJniiLrsil) ol. Cilasg()i%-. lrnin 1140 lurthLr indii'iduals in ThLTa5KuliL C-oun%Llling and i() drling epents in thl I IK. ond a otiroad. il.hiih h45 " on th¢s¢ lindings. This inLludLs a prL)iif-iil'.ci)ncepi siud% iesiin8 Ihe C'c)Id l.ace 'lesi &$ Q Foieniial inien'eniii)n i() reJuLL acuiL %uicidal di%trL.4% Niu purubi'mpuihLlIL aLlii'uti()n. aliin¥sidL' a muj()r pNi8rdrninL cxwninin8 h()ii' unii-lnallcring and %()Liall prL%iribLLI PLrliLtii>ni%m inlLTuLI Miih 4JLful, l￿traPMLTJ￿ wid %uiiidal i￿￿11()￿. WL arL al%¢) %uptM)rting i)Li¥ w(irk <)n nLgatii'L alliLllI'¥ li)r<'¢asiirtg. L.Kpli)ring hciii tK%simi%¢iL ptLdi¥lii)ns alx)Jl IuiuTi ¥mc)lii)ns mai amplifi %ui¥iJ¥ ri4k i)i'ir iimL. Mind%i¢p M'ill support th¥ Iuth l..arli' and mid4'J￿r RLxarihers' l.orum on Suiiidl Jnd S¢,Ii' hanm. %lrLn&ithLninbi iniLmaii()n#il Loll%Lknrniii)n and rescarch LJpaLiii'. 'I'hL Lharily is commi¢lLxl ¢() funding hIgh￿UalIt)'. clinicall!. me&nin8ful rL%L'uTL'h with real ￿)(ln(la1 t() impr(INL uiLidL prLdi¥¢i()n dnd prii'lniicbn Jnd ha%¢ grt'Jt Irusi in th¢ rL￿.￿ch ¢apabililiL* (Trl. th¢ ILJM ui thL IlniK'Lr%il> Ill. (ild%gii%i'. Nlindslip ix)niinui* i(1 Ic)sl¢r this ii-i)rkin8 fLldlll)nship JnJ durinb th¥ r*rii)d u)IIahirJii￿ iwiih lh¥ IlnivLr%iiN i)n an JniLIL and vidLX) pnimi)iin¥ (hL pannLrship. f()und hLYL'. 'I'hL Lharitj ha% iontinued iLs Loun.scllor training program. dcsigncd 10 iacklc ihc immLdiaiL and li)ng-ILmi barriLr% to aLLLS5ing rnLntal hLalih 5uprK)rt. Bi ini'c51ing in ihc lrnining and qualification of ncw ￿un￿lI10rS. Ihe hJril} n(It onl> cApands Ihc fulurc i*orkl()rc¢ of 5k"illcd prolc55iona15 but al￿ cnsurc5 ¢hai Fwplc in nccd cun aL¥C.%S I'rii ()r l(i%v*iis1 th¥rap%. l)uring th¥ir sur&r%"is¢d irJinin& anJ JAir 4ualifi¢aiion. thes¢ ix)unb¢llors ix)mmil ¢0 pri)i iding 25 hc)urs c)I' free i)r subsidised LM)unsellin8 1)n ￿half[}rmIndS[ep. Two counsellor5 havc now. qualified and are due to kgin proi iding 5ubsidi5ed coun5elling in ¢he nexi financial year. A lurthir tiiii arc Still vndcrtakirtg thcir training and lh¢ ¢hariti" h35 commiiL¢d io pJvi"iding fin3ncial is￿l$&niC to a I'urther Irainee iyho Mould oiheN'ise he unable io underthk'e ihe ￿)urSe. Mind5tep h45 also contirtud ¢0 deliitr ASIS'I. Irainin& a mdhod ivhirh h¢lp5 ￿duce suicidal f¢¢ling5 in th05¢ al risk a Ln%i*l'leLtii'e ila), ti) help address Ihe prc)hlem (Jr suicide. On ai'erdge. i%i)rk'shop participanis Larry. i)ui al least one SIiiLide Intern'enLIDn in the lirsL six monihs after aiiendin8 .4S18T. In this financial ￿ear. Ihe) ha%'e deliiered another workshop to iedchcr5 in a local school. as ii'ell as 5LatTat a domeslic abuse charity.. Mindst¢p albv ini"esl¢d in Lh¢ Y￿11f1rd11vn (if a Suirid¢ Fir5l Aid trJin¢r. ￿pandIng i?ur off¢ring to a mÉ?re flexible 1-2 day Ll)ur%e %%hiLh Lan also be offered online- & commiMieni of the charit% ￿ pri)vide people iiith the skills they nced to assisi ihosc in suicidal cris15. IINDSTEP FOI,'ND.4TION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORTI ICONTINUEDI FOR THF YFAR ENDEDJOJIINE2025 MindstLp has also actii'el%' participated in the All Part). ParliamenthTh Group IAPPGI for suicide and self-harrn preN'eniion iyhich aims io build disLUssion. debaie and suprxirt for aciion on suieide and seif-harni prei'enlion %￿lIhin Parliarnenl. l)UTing the period. Ihe chariii. ￿K>K. part in discussions cumulaiing in Ihe InquiTh' Into Y()ung Ps)pl¢ and 8uiLidL R¢TK)rt iihiLh i)u¢lined lift¥¢Th r¢Ltsmtn¢ndaiic)n% fi)r gi)i"¢Tntn¢ni i(} prn'¢nt I'i)ung %UiLid¢%. fL)und h. ThL Mindstep Foundation supwrtLd thL esthblishmet)i ol'And! s Man Club.IELirgai'enn!' baLk' in 2022 the group has sinLL bL'come a i ital pillar ot'ihL Lommunit). proi'iding ￿er 10 pccr suprrf)ri 10 o%'cr I￿Lni}. mcn ei cry Ki.eck. Fin*ntiAI rtvit l)uringJ the Jear. (he ehaTit) s ineoming Tesources amounied ￿ £59.¥07 1?024 - £26.64¥1 and re50urees expended ImouniLd i(1 *53.8.16 1?024 - £5().2851 rc%uliing in a surplus for ihe I.￿r ol. £5.971 12024 - £29.(1.17 dcliL11. As at 30 JunL 2U?5. thL ihuril}'s rLsLf%'LS tvtallLd £69.69612024- £63.7?51 LX)nsj5ting ii'hollj ul-unrlstriL￿￿l rLSLri'cs. li is IhL poIiL> ol. thL riiN ihai unr¢siri¢i¢d lun(ts ii'hiLh hai'¢ noi F*¢n designaied lor a $￿ellie use should be maintainLQ ai £5.UOO 1211?4- £5.IM)01. "I'hc ITUSICCS Lonsiders ihai rescn'cs ai ihis Ici'cl ii'ill cnsurc Ihai. in ihc cvLnt of a sisJniliLuni dr(ip in I'iinding. Ihth. Ikill be able i(} Lx)niinu¢ ihe charil) s curreni aLl1I'jties Ii'hilL L()n%idLrulii)n 15 ¥iwen ti) in whiLh adLliii()nal I'un4Js mu) iK' rai*'d. This ILI"Ll vl-rLSLf%'L.% hu5 miiiniainLYJ thri)ugh()ui ihl JLlIr. 'I'hL tru%ii¢% hal¢ as8Ls%LJ ihL major risks to ￿th1¢h ihc ¢harit) is cxwsed. and arL' sati$lied thai SJS¢Lms ar¢ in place ti) mi(iBdl¢ L'xp()sur¥' l() lh¢ maji)r risks. Future development% I'hl vh4iriti i%ill iiint¢nii¢ to suprK>rt thi mLnthl hethlth arbd suicidi preveniion rese&rLh ￿itt¥ undLrtukLn at ihL IlniiLrsiii i)I'(ilasgoi¥. iviih Lx>mmiii¥d lunding uniil l)¢Li'mbcr 2027. Mind%iL'P Mill LX)ntinuL dLIii'L'rin8 thL AS1% [- and SuiLidL l.'irsi Aid irainin8 l(Kul i)r8anisaLiiin%. hLlping IhL LhariiN' ti) dLlikLr IL% IibjLltiTrL l() pnitiil rnLntsl hLalth thTOU8h LYluvdtion.'I'hcrL' 15 [KbIL￿ti￿l for thc ￿'OrkSh()ps ts) IL. an in¥iimL s()urL¥ l()r ¢hL Lhurily in ihL lu¢urc. Mind.%tL'P w'ill LX)ntinuL l().%uptxTrrt thL' IrJinin8 of1herJ￿U1iL Loull%L.Ilor& t￿0 ofM'hiLh arL' JlrL'adv qualiliLd. l)UTin8 thL nLxl linanLial JLar. (hL Mlnilstcp Foundation will k able to offcr subsidi5cd ihcrapN. 'I'h¢ ¥harit}' ivill ¢xplor¢ Hajs io promo* #warene5s around mentsl h¢alih and sui¢id¢ pr¢%"¢niion. ¢hrough parlnLr%hip% m.iih (IihL'f LhariiiL% and %uprM)rting adic)LaL? ini(iaiiiL'4.'I'hL' LhariiN' i¥ill a184) relain di4LTeiinn In make mall granls lil menial health pr()jeLIS whiLh liirther lis Lhariiable cTrbjeLli%-es. Structurty governance and management "I'he LharIt￿ 15 a controlled b!" ils goi"eming docurnenL a deed of tru5L and conslitules a lirnikd compan>.. IiTnitrd by gu4tr4kn>" Ma￿a￿eMen1 vf Mindsiep F[TrUnd￿lITrrt LtTr Tra¢eN' Dai ies Jnd Cr¢l?r¥ia DIL vies. Tnislees. 'I'he Iru5te¢s. M'ho are a150 the directors foT the purtM)5e ofcornpani" laii". and ii.ho 5m.ed during the Near and up to the date of 5ignatur¢ ot th¢ financial 5tal¢rn¢nts li.￿.. Mr J l. Dai'ies Mrs T K I)d￿.1t5 Mis5 0 Dai"ie5 Miss J Da￿leS IR¢si¥n¢d l F¢tKuat)" 20251 IINDSTEP FOI,'ND.4TION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORTI ICONTINUEDI FOR THF YFAR ENDEDJOJIINE2025 Recruit￿¢￿¢ and appointrneDt of tn15tees Any per81)n wh() 1% iiilling ti) aut a% a dii¢LkJr. i_% ￿t￿lI(¢d b! 1¥14. d() 4). he aptx)int¢d its he a direutsir hy ordinari, resolution or bN deLision ol. Ihe dirL￿torS. No ￿rsOn ivho is noi a member shall. in ani circumstanLe. be cligiblL 10 hold olliLe as a dirLLior. In ordcr to ￿com¢ a memE¢r of ihc compan!. thai pcrson has ts) appli, tor rnernber5hip in a lorni approNed b) the direaor5. UrAin ap￿intMe[bL rhem. are given informalion and inStruLiii)n lin the r¢stK)nsibiliti¢s of a irus¢ee. Public Benefit 'I'he ('harit)' i(Implied M'iih their dull. under seclion 17151 of the C'hariiie5 Aci 2011 ￿ haie due regard to guidance puhli%hLd ¢hL C'haril> C()mrni%%icJn puhliL I￿ner11. None of the irnstees has any benefieial interest in ihe compan!.. All of the trus*es are members of the companv and guaraniee lo Lontribute £1 in ihe event of a winding UP. Rlsk 'I'hL Iru%lLL% liJiL a duty to ideniil>' and r￿l￿V ihe risk-s to i%hieh ihe charity is exrA)sed and ￿ ￿SUre appropriate L(Inlrol.% arL in plaLL to PTovi¢k' rea￿nable as5ufdncc a8alTr￿ fraud and crror. 'I'h¢'l rusi¢x's r¥wn M'as appro%'¢d by th¥ Iloard of-IwMe¢s. Mrs I. K Datrl¢s l)atLd.. ..1.2.1..Q3.1.2Q26 IINDSTEP FOI,'ND.4TION INDEPENDENT EXA￿lINER's REPORT TO THE TRUSTEES OF MJNDSTF.P FOLNDATION I reFOrt ￿ the trustees on MJ examination of the linaneial stsiements ot- Mindsiep Foundation (the charit>l for the >edr ended 3(} June 2025. Rtsponslbllltles b*515 of ttport A% the tru%t¢% tsl- the Lhthi) lanLI alw iL% Llire¢ltsT* f()r the pur5xise% of ciimpan) laiil. )'tsu are Te8p)nsible r(IT the prLparation ()fr'thL linan¢io1 staiimLnis in ac¢ordan¢¢' iyith th¢ r¢4uirLmLnts i)fihL Ctsm]MniLs A¢1 2006. Having satisfied M￿se11- Ihat ihe financial stsiernents of ihe charil!. are not required io be audited under Part 16 Lif Ihe cl)rnp￿iL%.1Ll 2(M)6 and ar¢ eligible l()r independeni e.wninaiicJn. I reTX)rt in res￿1 ()fn)) e.xamin￿1111)n i)I' the charil). linaniial statimirtis ¢arTiL￿ oul urtdLr s¢'Llitsn 14) tsl. thl Chatilies A¢1 2011. In irt¥ <)ui ¥xaminaii()n I have lolloKI'cd the Dir¢xiions gii'en b> th¢ Lharii> Commission under s￿li0n 14515Kbl ofih¢ LhariiicsAd 2011. IndependeDt e¥*mlner'5 StattrntDt I iiimplLtL'd rn!. L¥aminJii()n. I confiTh thai no mailers ha￿e come ￿ m). attenlion in wnnection w'ith ihe L¥umin8nised in the >'eur. 'I'hL %tJt¥m¥n¢ ol. linaniial ￿til.111¢S in¢lud¢s all gains and low. recognis￿ in th¢ year. All irKomc and cxpgnJiiur¥ derivL Iri)m Loniinuin8 aclii'ili￿. 'I'hi iltitLm¥nt ()r finJnLial ailiviii¢S glso ¢ompli¢s M'iih th¢ r¢4uir¢m¢nts for an in¢om¢ and ixp¢ndiiur¥' a¥¢()unl und¢r thL L'i)mpanies ALL 211(J6. IINDSTEP FOI,'ND.4TION BALANCE SHEET AS AT 30 JLINF 2025 2025 2024 Piotts Flxtd #sg¢ts T￿ingible &s5et5 48 Current Assets Dihii)r4 Cash at btmk an(1 in hand 681 69.015 8,223 55.454 69.696 63.677 Net rurrent a$5ets 69,696 63,677 Total Assets less turrent liabilities 69.6()6 63.725 I'he funds of the charity UnrisLfiw(¥d lund 13 69.6()6 63.725 69.646 63.725 'I'hL Ll)mpan%' 1% LniitlLd iii thL L¥LrnPtion ihe audil rLyUiTcrncni ￿￿tainCd in SL*tinn 477 nf thL C'(ImpaniL4 ALt 21111&, 1(Ir thL )Lar Lndld 30 JunL' 21125. 'I'hL di￿￿1()r5 aLknc)IvliQBL ihLir rL5Nill5ibililiLS flir Lx)mpl% ing iiith thL fcquircmcnts i)r thL' C(ImpaniLS ALI 2006 wilh rL%pLXt t(1 aL¥(iuniing rLxor4Js and thi pripaTJtion of linanlial slalLyncnis'. 'I'hL' rnL'M￿.r$ hale not rLLiiiired the 10 obtain an audii of its financial staiements r()r ihe yellr in 4ue%lii)n in aLLX)rdanLL Iiiih %iLlii)n 476. Thi'%L finanLial .%iaiemenis have l*en Prepared in aewrdance with the provision5 applicable to L7>mpmies %ubjecl to LhL small Lompanics rcgirnL. 1210312026 The financial 5tatemcnts M'ere appTOi'ed bi. th¢ Irustee5 on ......................... f ¢ LQ4v£eJ Mrs T K Davie5 Trustee Company registratioll Number 120431144 (Engknnd and Il'*les) IINDSTEP FOI,'ND.4TION NOTES TOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDFD JO JIINE 2025 Atcounting policies Charlty lttformxilo Min(l%t¢p F(iundati(In is a private cotnpan}' limited ￿. guarantee incOr￿￿ra¢Cd in F.ngland and Wale5. The regisieTed oifice i% M&Ki¥ell chaM￿r4, Sts)ii Hill. Nei4"w)rt. South Wales. NP20 IJE. ljniied kingdom. 1.1 Accounting convtntion 'I'he linancial siaternent5 haie been prepared in accordance ii.iih ihe charit& 5 goi'eTning docum￿1. the L'i)mpanies Ait 20(>&. FR8 11)2 "The FinilDLial RLTX)rtin¥ StJn(lard ￿IPPIll' umliunis in thLsL financial siatcmen15 are rounded kn the neaffsl £. ThL linwiLial $laiLxnLnis hu%'c bc¢n prep#rL'd undcT the hi$ioriL¥I CO￿ con%"Llllion. ThL prinLipal aLLounting piili¥i¢8 ad()pi¢d Jr¢ sth oui b¢loiv. 1.2 Golng ¢oth¢ern Ai IhL iimL' ()l- ttpproi'ing the financial siaicmeni& ihe irusice% hai'c a rc&wnahle cNpeclaii(Trn that tliL LhariiN' ha8 JdL'LIUJIL fL%(iufLL'S Ic) Li)niinuL in i)rKrJii(Inal L'XISIL'nLL f()r ihL (i)rL'SLX'ahlL' luiurL'. I'hu% ihL iru4lL'L% Lx>nlinuL' I(1 ad()pl Ihc 8()in8 c(IncLrn bu5l5 ()I'aLxM)unlin8 in prLpurin8 ihc financiul 5th1cmenis. 1.3 ChAritgble funds LlnrL'%triLIL.d lunJ% arL available for LLse ai ihe discr￿10￿ ofihe InL$￿￿8 in furthcranLX' ofihcir LhaTitahlL ohjLxIiiL%. RcslriLlcd lund5 arc subjcci to s￿rIfiC cmdilions M donors a5 lo hoth" thcy may bc u5cd. lthc purFx>5cs at)d uscs ol. ¢h¢ r¢stri¢¢¢d lunds ar¢ sei ou¢ in the no￿ ￿ the fin#n¢ial $￿•￿¢0ts. 1.4 Income InLI)mL is fLLI)4nI￿.J %bhL'n ihL' Lharii% is IL'gall% LntlilL￿ li aftLf an% PLrfiirnianLe uindLIL(Trns hal'e heen mei. the amounts Lan k mLasurLd rLliahli'. and it is probable Ihai incomL Ii'ill k" Tcleii'ed. C&8h donations ar¢ rttognis¢d on rff¢ipi. (Mhcr donolions are r¢rognis¢d onr¢ thc chorits" has brcn notificd of thc d(Indiiiin. unle%% perf(ImidnLL' LC)ndiiii)n8 rL'qtsire deferral lif the amc>LLni. Inuime ux reLlli erJhlL in rL'lJtiiin ii) donations rcceived under Gift Aid or dceds of covcnani is recognised ￿ the iimc ofthe donation. Donated goods and 5¢n'jrr5 are r¢cogni5d 4l the c51ima¢d valur of thr 5m"if¢5 and 15 r￿QgniSed within inLiiming r￿)UrLeS as a th)naiic)n and thn eqLLii'aleni charye inLluded t￿lihin pr()m()iii)nal ci)sts. 1.5 Expenditure Expenditure is aceounied lor on an acenjals basis and h&$ t*en classilied under headings ihal a88regale all cost relaied to the LatcgoTr. M'here cosis Lannoi be diTcLII) aitribuied (o particular headings the). hai"e been allocated to aciiN'itie5 on a basis consisienl ii.iih ihe use ofre50UTC¢S. IINDSTEP FOI,'ND.4TION NOTES TOTHE FINANCIAL STATEMENTS ICONTIYUEDI FOR THE YEAR ENDFD JO JIINE 2025 Accounting policie5 (Continued) 1.6 Tgn%ible fixed Assets 'lanoible lixcd assets are measured at cost. of depreciation and arbl. impairment losses. DepreLiatii)n 14 Te¢()gni%ed a8 io the (Jr l"alu￿10￿ of &*seL4 les% their re%idual i'alue% oi'er iheir usel'ul lii'es on ihL tolloii'ing bascs: Computers 20% on ¢0 1.7 FinantiY41 instruments I'hL Lharit%' h415 L'ILLILQ ILI appl). th¢ proi'i5ion5 ()f SeL11()n I l -flusic FirbanLial Insirument5' and %eLtion 12 '0iher FinanLial IJL%trumLni% l%%ui's' of FRS 102 t() all t)f IL% financial in$￿uMents. 'inanLial instruments are recoBnised in th¢ ¢hariLy'S bglance sheth Hthen the chariiy becomes partv ￿ the conlraLtual pr()Trision5 ofihe insinjment. FinanLial a&%LL% and liabili¢ieS arc ollsL4. l4.iih ¢hL nei amounis prcsL'niLd in ¢hL finanLial Sthllmcnts. ii'hLn thLrc is a Icgall} Lnli)r¥¢abli righ¢ ¢0 SL'¢ oil. lh¢ r¢¢ognisthl amounts and th4ri' is an In￿n(l￿n x'iil¥ ()n a nit bosis ur lo reuli%L' IhL' assLt and SL'tile the liabiliii. simuluneousli.. l)Lbt()r% and LrLyli(()rs with rm) stall￿ intL'rest raic and rttcii'ablc ()r payable ivithin (TrnL NLtsT aTL rLY<)rdLd ai tran%aLiii¥n pri¥L. Ani. lo&ses arising ftt)m impaimicnt re￿￿81115lXl in thc pft)fi¢ and loss aLL(>uni in i)Ih¥r admini8tratii'i ¥xp¢n%¢s. Doni¢lons and l¢g8¢1¢s Ilnre5tricted funds Rtslrirted runds Total Ilnre5frirted funds 2112.4 2024 l)vnati(In3 and gift5 Donated good5 and 5crviccs 56.807 56.8117 3.000 24,848 1,8(K) IINDSTEP FOI,'ND.4TION NOTES TOTHE FINANCIAL STATEMENTS ICONTIYUEDI FOR THE YEAR ENDFD JO JIINE 2025 Expenditure on charitable attivities Charltablt txptthditurt Ch#rlt#ble expenditure 2025 21124 Dinct Costs DeprL￿latIOn and impaimieni C(Impuier rurtoing Truining 1)0sta8c and stationery Bank ihargis bundraising iosis 48 48 727 6.195 74 763 805 5(K) 373 11.620 10 591 968 4,227 17.515 9.485 Cirunt lundin8 ofueti%'ilies Isce notc 41 34.(X)O Sh*r¢ of support and gov¢rn#th¢t c￿15 {stt noit 51 .000. Remuneration of ke). management personnel ThLrL IVthers Trust 3.0(K) 13.(KX>I 12- IINDSTEP FOI,'ND.4TION NOTES TOTHE FINANCIAL STATEMENTS ICONTIYUEDI FOR THE YEAR ENDFD JO JIINE 2025 13 Unrestricted fullds The unresiricted lunds ot'ihe charity. comprise the unexpended balances of donaiions and grdnis which arc noi Subject to 5pecilic Conditions bi donors and granior5 as 10 hoi%' Ihe! mai" be used. "I'he5e include designated lunds .hich have been set aside out of unrestricled funds bi. the ￿Slee5 for specific PUT￿%5. A¢ l July 21124 R¢sour¢¢s expended At 30 Juthe resour¢es G¢rtcral lund$ 63.725 56.807 150.8361 69.696 Previous yegr.. At l July 21123 Intorning resources ResOu￿eS expended At 30 June 2024 tienLrul lun(ts 93.362 26.648 156.28)) 63.725 14 Anglysls of net assets between funds Unresiricted fund$ 202.4 At JO June 202.4: I'urrint al￿(￿1(114h1lItICsI 69.696 69.(1gf) Unre$trf¢ted fund5 2024 At 30 June 2024: -fangible assets Current asse1￿1[1abil1I1eSI 48 63.677 63,725 15 CommitrneDts Mind5tL"p Foundation mad¢ a pledge 10 lund a £IIM.(MM) felloilship in 5uieide research at the Ilnis'ersity ot. (ila5gow. As at 30 June 2025 this ha5 betn full)" paid. 16 Related party tran5action5 There Mere no disc105able rela*d parry trdnSactions during the l'ear. 13-