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2025-07-31-accounts

Charity registration number 1190504 (England and Wales)

PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Daniel Wade Tamara Roberts Jason Edge Thomas Webster Adhum Wolde-Lule Luke Taylor (Appointed 1 February 2025) Suzanne Craig (Appointed 1 February 2025) Laura Pace (Appointed 1 February 2025) Catherine Penfold-Attride (Appointed 26 March 2025)

Charity registration England and Wales Principal address 3 Queen Square London WC1N 3AR

England and Wales 1190504

Independent examiner

West & Berry Limited Nile House Nile Street Brighton BN1 1HW

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

CONTENTS

Page
Trustees' report 1 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8 - 18

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 JULY 2025

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

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

Objectives and activities

The charity's objects are to advance the education of the public, in particular children and young people, in food and nutrition so as to develop their knowledge, practical skills and understanding of food, food origins, food from different cultures and hospitality.

Our mission is to advance food and nutrition education, particularly for children and young people, equipping them with the knowledge, practical skills, and understanding of food, its origins, diverse cultures, and its role in hospitality.

Cooking is more than just making a meal - it’s about building essential life skills, fostering food knowledge, and creating meaningful connections. We provide hands-on cooking experiences that teach children where food comes from, how to prepare it, and the impact it has on their well-being. By doing so, we empower young people to make healthier choices and consider hospitality as a viable career path.

Public benefit

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

Significant activities and achievements against objectives

Since launching in July 2020, Prept. Foundation has continued to expand both its reach and impact. This past year has been one of significant growth, with a particular focus on strengthening programme delivery, deepening impact measurement, and scaling our education offering.

Our refined mission remains centred on delivering high-quality, accessible food education to young people. By introducing children to cooking, nutrition, food provenance and hospitality careers, we are creating lasting behavioural change while continuing to support the wider industry through future talent development.

Key Highlights from the Past Year:

Expansion of Secondary School Programme

This year saw the successful design, pilot, and implementation of our Secondary School Programme. Early impact data has been extremely encouraging:

This programme represents a significant step forward in reaching older students at a critical stage in shaping lifelong habits and career awareness.

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

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

Strengthened Programme Impact

Across all delivery, feedback from schools demonstrated consistently strong outcomes:

These results reinforce the value of hands-on, chef-led education in engaging students who may not thrive in traditional classroom settings.

Farm to Fork at Plumpton College

We have continued to deliver and grow our Farm to Fork programme at Plumpton College, providing children with a unique farm-to-kitchen experience:

Feedback highlights included:

“Some students never getting an opportunity like that & seeing their engagement & enjoyment.” “Seeing the kids enthusiastic about learning.”

Investment in Delivery Capacity

To support growing demand, we recruited a new full-time Chef Educator in Sussex, enabling us to reach more schools and deliver programmes more consistently at scale.

National Reach Through Festivals

We expanded our reach beyond the classroom by delivering children’s cooking experiences at major UK food festivals, including Foodies Festival, engaging over 4,500 children nationwide.

We have also secured The Big Feastival for August 2026, where we expect to work with a further 1,000 children.

London Expansion Planning

In response to increasing demand, we have planned and budgeted for expansion into London, including the hire of a dedicated Chef Educator starting September 2025. This marks an important step in scaling our model into new regions.

Fundraising and Events Growth

Despite ongoing economic challenges, our core fundraising events - Showcase, Summer Party, and Festive Feast have continued to perform strongly.

We are focused on evolving these events while introducing new concepts to diversify income streams, including an Indian Banquet and a Michelin-star chef-led boxing event, designed to engage the hospitality industry in innovative ways.

Partnerships Growth

Our £1 voluntary donation initiative within restaurants is rapidly scaling and becoming a core income stream for the charity. Strategic partnerships with national platforms such as the National Restaurant Awards are also playing a vital role in increasing our visibility and engagement across the UK hospitality industry.

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

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

Financial review

For the year, our total income was £335,162 (2024: £209,271 ), with £51,100 (2024: £48,900 ) allocated to restricted funds. As of the balance sheet date, the charity held £nil in restricted funds (2024: £5,000 ) and £12,244 in unrestricted funds (2024: -£10,965 ).

Future Financial Strategy

To ensure sustainability and continued growth, we have developed a clear fundraising strategy built on four pillars:

  1. Partners – Engaging hospitality businesses to contribute through voluntary customer donations or profit shares.

  2. Fundraising Events – Hosting high-quality events that generate revenue and awareness.

  3. Grants from Partner Charities – Strengthening collaborations to secure external funding.

  4. Corporate Grants & Sponsorships – Partnering with businesses to fund initiatives and events.

With this structured approach, we are confident in securing the necessary funds to sustain and expand our work.

Reserves policy

The Trustees regularly monitor the charity’s reserves. At the year-end, we had £12,244 in unrestricted funds (2024: a deficit on unrestricted funds of £10,965 ).

Our policy is to maintain unrestricted reserves equivalent to three to six months' expenditure to safeguard against funding fluctuations. The Trustees are actively working to rebuild reserves and ensure financial stability.

Major risks

The Trustees have assessed the major risks facing the charity and are satisfied that appropriate measures are in place to mitigate them.

Plans for future periods

Following a year of growth and programme development, Prept. Foundation is focused on deepening impact, strengthening delivery, and expanding sustainably into areas of greatest need.

Our key priorities for the next 12 months include:

Deepening Impact in Sussex

Our Sussex-based chefs will continue to build on strong, established relationships with partner schools. Our focus is on quality over quantity — delivering high-impact, consistent programmes that create lasting behavioural change for the children we work with.

London Expansion

In response to significant demand, we will recruit a dedicated Chef Educator in London. This will allow us to expand into new schools, reduce waiting lists, and establish a strong foundation for long-term growth in the capital.

Strengthening Industry Engagement and Careers Awareness

We will deepen our work with the hospitality industry and wider food and drink sector, integrating careers education more meaningfully into our programmes. By connecting students directly with industry professionals, we aim to broaden awareness of career pathways and inspire the next generation of talent.

Growing Sustainable Income Through Partnerships

We will continue to scale our £1 voluntary donation campaign within restaurants, alongside strengthening partnerships across the sector. With the addition of a dedicated partnerships resource, this will become a key driver of stable, recurring income for the charity.

Expanding Sponsorship and Fundraising Events

Building on the success of our core events, we will further develop sponsorship opportunities and grow our fundraising portfolio. This includes enhancing existing events and introducing new concepts to engage partners and supporters in innovative ways.

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

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

Structure, governance and management

The charity is a charitable incorporated organisation (CIO) and is governed by its constitution dated 21 July 2020, as amended on 27 September 2024 and 1 October 2024.

The Trustees who served during the year and up to the date of signature of the financial statements were: Jessica Aggarwal (Resigned 26 February 2025) Noel Preston (Resigned 18 December 2024) Thomas Surgey (Resigned 13 March 2025) Daniel Wade Tamara Roberts John Ketley (Resigned 1 February 2025) Jason Edge Thomas Webster Adhum Wolde-Lule Luke Taylor (Appointed 1 February 2025) Suzanne Craig (Appointed 1 February 2025) Laura Pace (Appointed 1 February 2025) Catherine Penfold-Attride (Appointed 26 March 2025)

Recruitment and appointment of trustees

Trustees are elected on an annual basis at the main AGM. In addition, Trustees meet on average two times a year. In between meetings they remain in contact via telephone and electronic mail and any necessary decisions can be made without the need for all Trustees to be together at the same time.

The Trustees' report was approved by the Board of Trustees.

.............................. Daniel Wade Trustee

12/05/2026

Date: .............................................

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

I report to the Trustees on my examination of the financial statements of Prept. Foundation (previously Table Talk Foundation) (the charity) for the year ended 31 July 2025.

Responsibilities and basis of report

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

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

Independent examiner's statement

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

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

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

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.

Michelle Westbury FCCA West & Berry Limited

Nile House Nile Street Brighton BN1 1HW

12/05/2026 Dated: .........................

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 JULY 2025

Unrestricted
Restricted
funds
funds
2025
2025
Notes
£
£
Income from:
Donations and legacies
3
192,216
51,100
Charitable activities
4
7,818
-
Other trading activities
5
84,028
-
Total income
284,062
51,100
Expenditure on:
Raising funds
6
154,110
-
Charitable activities
7
106,743
56,100
Total expenditure
260,853
56,100
Net income/(expenditure) and
movement in funds
23,209
(5,000)
Reconciliation of funds:
Fund balances at 1 August
2024
(10,965)
5,000
Fund balances at 31 July
2025
12,244
-		 Total
Unrestricted
Restricted
Total
funds
funds
2025
2024
2024
2024
£
£
£
£
243,316
79,972
48,900
128,872
7,818
-
-
-
84,028
80,399
-
80,399
335,162
160,371
48,900
209,271
154,110
120,792
-
120,792
162,843
113,672
178,900
292,572
316,953
234,464
178,900
413,364
18,209
(74,093)
(130,000)
(204,093)
(5,965)
63,128
135,000
198,128
12,244
(10,965)
5,000
(5,965)

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

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

BALANCE SHEET

AS AT 31 JULY 2025

2025
Notes
£
Fixed assets
Tangible assets
13
Current assets
Debtors
14
10,747
Cash at bank and in hand
14,691
25,438
Creditors: amounts falling due within
one year
15
(16,283)
Net current assets/(liabilities)
Total assets less current liabilities
The funds of the charity
Restricted income funds
17
Unrestricted funds
18		 2024
£
£
£
3,089
1,590
8,397
10,998
19,395
(26,950)
9,155
(7,555)
12,244
(5,965)
-
5,000
12,244
(10,965)
12,244
(5,965)

12/05/2026 The financial statements were approved by the Trustees on .........................

.............................. Daniel Wade Trustee

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

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

1 Accounting policies

Charity information

Prept. Foundation (previously Table Talk Foundation) is a charitable incorporated organisation (CIO) and is governed by its constitution dated 21 July 2020.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the charity's constitution, 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 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 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.

Donated goods and services are recognised when the charity is legally entitled to those goods or services, it is probable that the items will be received and the value to the charity of the donated item can be measured reliably.

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

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

Fixtures and fittings 25% reducing balance Computers 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.

1.7 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.

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

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

1.10 Retirement benefits

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

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
funds
funds
2025
2025
£
£
Donations and gifts
190,958
51,100
Donated goods and
services
1,258
-
192,216
51,100		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
242,058
79,972
48,900
1,258
-
-
243,316
79,972
48,900		 Total
2024
£
128,872
-
128,872

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

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

4 Income from charitable activities

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Charitable income
School and holiday clubs 7,818 -
5 Income from other trading activities
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fundraising events 84,028 80,399
6 Expenditure on raising funds
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fundraising and publicity
Advertising 71,087 52,186
Other fundraising costs 83,023 68,606
154,110 120,792

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

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

7 Expenditure on charitable activities

Charitable Charitable
expenditure expenditure
2025 2024
£ £
Direct costs
Staff costs 43,080 -
Depreciation and impairment 572 529
Consulting 40,833 52,500
Donated goods and produce 1,258 -
Other direct costs 19,990 -
105,733 53,029
Grant funding of activities (see note 8) 33,514 194,000
Share of support and governance costs (see note 9)
Support 21,403 43,277
Governance 2,193 2,266
162,843 292,572
Analysis by fund
Unrestricted funds 106,743 113,672
Restricted funds 56,100 178,900
162,843 292,572
8 Grants payable
Charitable Charitable
expenditure expenditure
2025 2024
£ £
Grants to institutions:
The Royal Academy of Culinary Arts 'Adopt a School' Trust 33,513 24,000
Plumpton College - 170,000
Other 1 -
33,514 194,000

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

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

9 Support costs allocated to activities

Legal and profesional
Bank charges
Other support costs
Consulting
Staff training
Postage and courier
Insurance
Rent
Staffing costs
Governance costs
Analysed between:
Charitable expenditure
Governance costs comprise:
Accountancy and independent examination fees
Trustee expenses		 2025
£
2,220
1,938
6,521
-
3,728
53
1,252
4,441
1,250
2,193
23,596
23,596
2025
£
2,160
33
2,193		 2024
£
4,002
3,555
5,725
11,690
2,182
-
1,123
-
15,000
2,266
45,543
45,543
2024
£
2,160
106
2,266

10 Trustees

During the year Jessica Aggarwal, a trustee of the charity until 26 February 2025, received remuneration of £1,250 (2024: £15,000) through Table Talk Business Club (Sussex) CIC, a related entity, for other services to the charity.

7 trustees were reimbursed a total of £33 subsistence expenses (2024 - 7 trustees were reimbursed £106).

11 Employees

The average monthly number of employees during the year was:

2025 2024
Number Number
2 -

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

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

11
Employees
Employment costs
Wages and salaries
Other pension costs		 (Continued)
2025
2024
£
£
42,706
-
374
-
43,080
-		 (Continued)
2025
2024
£
£
42,706
-
374
-
43,080
-
-

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

The total remuneration of key management personnel was £5,562.

12 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

13 Tangible fixed assets

Fixtures and
fittings
Computers
£
£
Cost
At 1 August 2024
1,608
1,365
Additions
-
2,070
At 31 July 2025
1,608
3,435
Depreciation and impairment
At 1 August 2024
704
679
Depreciation charged in the year
226
345
At 31 July 2025
930
1,024
Carrying amount
At 31 July 2025
678
2,411
At 31 July 2024
904
686
14
Debtors
2025
Amounts falling due within one year:
£
Trade debtors
10,037
Other debtors
202
Prepayments and accrued income
508
10,747		 Total
£
2,973
2,070
5,043
1,383
571
1,954
3,089
1,590
2024
£
163
-
8,234
8,397

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PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

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

15 Creditors: amounts falling due within one year

Borrowings
(unsecured)
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
16
Retirement benefit schemes
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes		 2025
£
9,000
125
2,904
2,094
2,160
16,283
2025
£
374		 2024
£
15,000
-
3,860
5,549
2,541
26,950
2024
£
-

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

17 Restricted funds

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

At 1 August Incoming Resources At 31 July
2024 resources expended 2025
£ £ £ £
Fonthill Foundation - 22,000 (22,000) -
The Enjoolata Foundation - 25,000 (25,000) -
Chalk Cliff Trust 5,000 - (5,000) -
DJW Health - 3,000 (3,000) -
John Jackson Charitable Trust - 1,100 (1,100) -
5,000 51,100 (56,100) -

File 1 of 2, Page 18 of 21. Encyro E-Sign ID: aela3Nz2bU6HOEf (2026-May-12 15:19:39 UTC)

PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

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

17 Restricted funds (Continued)
Previous year: At 1 August Incoming Resources At 31 July
2023 resources expended 2024
£ £ £ £
Plumpton College Kitchen 135,000 - (135,000) -
Fonthill Foundation - 24,400 (24,400) -
Select School - 7,000 (7,000) -
The Enjoolata Foundation - 10,000 (10,000) -
Gatwick Airport Community Trust - 2,500 (2,500) -
Chalk Cliff Trust - 5,000 - 5,000
135,000 48,900 (178,900) 5,000

Purposes of restricted funds:

Fonthill Foundation - primary school in class and at Plumpton sponsorship The Enjoolata Foundation - sales person wage Chalk Cliff Trust - funding in-class and on the farm days DJW Health - primary school sponsorship John Jackson Charitable Trust - primary school sponsorship

18 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 August Incoming Resources At 31 July
2024 resources expended 2025
£ £ £ £
General funds (10,965) 284,062 (260,853) 12,244
Previous year: At 1 August Incoming Resources At 31 July
2023 resources expended 2024
£ £ £ £
General funds 63,128 160,371 (234,464) (10,965)

File 1 of 2, Page 19 of 21. Encyro E-Sign ID: aela3Nz2bU6HOEf (2026-May-12 15:19:39 UTC)

PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

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

19 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2025
2025
£
£
At 31 July 2025:
Tangible assets
3,089
-
Current assets/(liabilities)
9,155
-
12,244
-
Unrestricted
Restricted
funds
funds
2024
2024
£
£
At 31 July 2024:
Tangible assets
1,590
-
Current assets/(liabilities)
(12,555)
5,000
(10,965)
5,000		 Total
2025
£
3,089
9,155
12,244
Total
2024
£
1,590
(7,555)
(5,965)

20 Events after the reporting date

A subsidiary company, Prept. Fundraising Limited, was incorporated on 7 October 2025. Post year end fundraising activities will be undertaken in the subsidiary company.

File 1 of 2, Page 20 of 21. Encyro E-Sign ID: aela3Nz2bU6HOEf (2026-May-12 15:19:39 UTC)

PREPT. FOUNDATION (PREVIOUSLY TABLE TALK FOUNDATION)

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

21 Related party transactions

During the year donations without conditions were received from trustees and related parties totalling £13,645 (2024: £24,096).

DJW Health Ltd is a company owned by Daniel Wade, trustee. During the year consultancy fees were paid to DJW Health Ltd of £nil (2024: £11,690). During the year DJW Health Ltd incurred costs on behalf of the charity of £nil (2024: £1,160). At the year end the balance owed by the charity was £49 (2024: £49).

Table Talk Business Club (Sussex) CIC is a company of which trustees Daniel Wade, Thomas Surgey and Jessica Aggarwal were directors during the year. During the year Jessica Aggarwal, a trustee of the charity until 26 February 2025, received remuneration of £1,250 through Table Talk Business Club (Sussex) CIC, a related entity, for other services to the charity (2024: £15,000). Table Talk Business Club (Sussex) CIC also continued to provide a loan to the charity. At the year end the balance owed by the charity was £1,500 (2024: £5,500).

During the year Sentry Funding Limited, a company owned by Thomas Webster trustee, provided an unsecured loan to the charity. At the year end the balance owed by the charity was £9,000 (2024: £15,000).

During the year, the charity made payments to Ridgeview Estate Winery Limited, a company of which Tamara Roberts, trustee is a director, totalling £4,850.

UnitedUs Limited is a company in which Luke Taylor, trustee, has a significant interest. Since Luke Taylor was appointed as trustee on 1 February 2025, payments were made UnitedUs for marketing totalling £15,976. At the year end there is a balance owed to UnitedUs Limited of £136.

Harpers Accountancy is a business owned by Suzanne Craig trustee. Since Suzanne Craig was appointed as trustee on 1 February 2025, payments were made to Harpers Accountancy for bookkeeping and payroll totalling £1,140.

A balance is owed to the charity by key management personnel totalling £202.

File 1 of 2, Page 21 of 21. Encyro E-Sign ID: aela3Nz2bU6HOEf (2026-May-12 15:19:39 UTC)

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File 1 of 2: Prept. Foundation 2025 accounts.pdf

Signed By

Signer: Daniel Wade (dan@prept.foundation)

Identity Check: Email Authentication Signature Type: Mouse or hand drawn Time Zone: UTC+01:00, Europe/London (British Summer Time)

Signer: Michelle Westbury (michelle@westandberry.co.uk)

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Event Log

May 11, 2026, 4:41:39 PM - Email notification sent to Daniel Wade (dan@prept.foundation).

May 11, 2026, 4:41:39 PM - Email notification delivered to Daniel Wade (dan@prept.foundation).

May 12, 2026, 4:16:06 PM - Daniel Wade (dan@prept.foundation) viewed the document(s), from 2a02.

May 12, 2026, 4:17:03 PM - Email notification sent to Michelle Westbury (michelle@westandberry.co.uk).

May 12, 2026, 4:17:12 PM - Email notification delivered to Michelle Westbury (michelle@westandberry.co.uk).

END OF LOG