## **Trustees’ Annual Report for the period** **From 06/04/24 Period start date To 05/04/25 Period end date** ## **Charity name: Multitrack** ## **Charity registration number:1191498** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The promotion of equality and diversity and
the promotion of social inclusion amongst
those who are socially excluded due to being
members of a socially and economically
deprived community, in audio, radio,
podcasting and associated audio production
by:
A) the elimination of discrimination on the
grounds of race or disability,
B) advancing education and raising
awareness in equality and diversity;
C) promoting activities to foster
understanding between people from diverse
backgrounds; and
D) cultivating a sentiment in favour of
equality and diversity.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|
Our principal charitable activity is the
delivery of the Multitrack Fellowship, a
professional development programme for
aspiring audio producers from groups that
are under-represented within the audio
industry. During the latter part of the year, we
have also focused on developing an
expanded range of complementary activities
to support our charitable aims.
The Multitrack Fellowship is delivered over a
12-week period and includes the following
core elements:
Paid work placements with audio production
companies or platforms, typically comprising
two six-week placements with different
organisations
Practical group training sessions, delivered
one day per week for 12 weeks and led by
experienced industry professionals| Structured networking opportunities with peers and established industry practitioners An opportunity to compete for a paid commission from a national audio platform upon successful completion of the programme The Fellowship has a wider impact beyond the Fellows themselves. We work closely with host companies to ensure they adhere to the Multitrack Code of Practice and provide inclusive, supportive working environments. We also create opportunities for these organisations to share learning, exchange ideas, and seek guidance on improving workplace practices. In addition, individual staff members and other industry professionals are encouraged to join our volunteer network, helping to deliver the programme and promote the Multitrack ethos across the sector. Alongside the Fellowship, we organise open events that are accessible to people at all career stages, from industry leaders to aspiring newcomers. These events provide a forum to share experiences, discuss barriers to entry and progression, and increase understanding of the challenges faced by under-represented groups within the audio industry. We maintain an active social media presence, through which we regularly share job opportunities, training resources, and networking opportunities, helping to make the industry more accessible and transparent. We also participate in industry events and panel discussions to advocate for greater diversity and inclusion across the sector. To support ongoing professional development, we host an active WhatsApp group for Fellowship alumni, enabling members to share work opportunities, training resources, advice, and peer support. Through these activities, we aim to contribute to a fairer and more inclusive audio industry. This benefits individuals at all levels of the workforce and, ultimately, the wider public, who gain access to a broader and more diverse range of audio content that reflects a wider range of perspectives and experiences. |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|All our Trustees receive a guidance pack,
that includes a document on public benefit,
which can be read here.| |---|---|---| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|**N/A**| |Policy on social investment
including program related
investment|Para 1.38|**N/A**| |Contribution made by
volunteers|Para 1.38|Volunteers play a vital role in enabling
Multitrack to deliver its charitable activities
and achieve its aims. The organisation could
not operate effectively without their
contribution. In addition to the unpaid
Steering Team, Multitrack is supported by a
dedicated pool of volunteers drawn from
across the audio industry, who contribute
specialist skills, time, and professional
expertise.
During the Fellowship programme,
volunteers support delivery in a number of
key ways, including:
**Fellowship selection:**Volunteers from host
companies and the wider industry assist with
shortlisting and assessing applications
against clearly defined and robust criteria,
helping to ensure a fair, transparent, and
high-quality recruitment process.
**Training and curriculum development:**
Volunteers collaborate to design the
Fellowship curriculum and learning
outcomes, liaise with host companies on
training content and delivery, and act as
coordinators during training sessions to
ensure a consistent and effective learning
experience for Fellows.
**Masterclasses:**Volunteers support the
delivery of a programme of Masterclasses,
which this year included contributions from
10 guest speakers and 9 volunteer
facilitators, broadening Fellows’ exposure to
industry knowledge and best practice.| |||| **Outreach and engagement** : Volunteers help publicise Multitrack’s activities and resources nationally, ensuring they reach the intended beneficiaries. They also build relationships with community organisations to widen access to the Fellowship and with industry partners who can offer placements or training opportunities. **Events delivery:** Volunteers contribute to the planning, organisation, and delivery of events, including speaking at events and supporting their smooth and effective operation. **Ongoing community support** : Volunteers provide informal one-to-one support by responding to industry-related questions from Senior Fellows via the alumni group chat, offering advice, guidance, and peer support. **Mentoring:** During the reporting period, volunteers were recruited to form a mentoring pool. These volunteers will be matched with Senior Fellows to provide structured mentoring support as part of a new initiative launching in the next financial year. Through their involvement, volunteers significantly extend Multitrack’s capacity and reach, enhance the quality of its programmes, and help embed inclusive practice across the audio industry. Their contribution directly supports beneficiaries and strengthens the organisation’s ability to deliver sustained public benefit. Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Multitrack has grown year on year since its
inception.
Via the Fellowship programme, we have
provided career changing opportunities to 39
aspiring audio producers who faced barriers
to accessing audio production careers. They
all received paid workplace based
experience and a bespoke training
programme designed and delivered by
industry volunteers.
We have worked with over 20 of the UK’s
leading audio and radio production
companies, and in doing so insisted on
Inclusion and Diversity training for each.
During the reporting period, Multitrack has
made significant progress in delivering its
charitable objectives of supporting
under-represented audio producers and
promoting greater inclusion within the audio
industry.
This reporting year marks a significant
expansion of the Fellowship itself, but also a
move toward extended provision of
resources and support to those outside of
the Fellowship programme.
Key achievements include:
**Multitrack Fellowship Progress in ‘24**
● Appointment of a dedicated
Fellowship Manager to strengthen
programme delivery.
●**Record number of Fellowship**
**applications- totalling 195,**
reflecting increased reach and
accessibility.
●**Introduction of a more accessible**
**application process**, including audio
submissions.
●**Expansion of the Fellowship**to a
12-week programme with more
flexible participation options
●**Increased opportunities for paid**
**commissions**(9 pieces
commissioned to be broadcast by
BBC Radio 3, 4 and Sounds in next
reporting year)| ● **Introduction of a publicly available online Masterclass programme** hosted by industry professionals, sharing career development and professional practice advice to aspiring producers. **Expanded Fellowship Alumni Support** ● **Fellows Development Fund:** new initiative where each graduating fellow can claim up to £100 to support a professional development activity post-fellowship (this could include training, technical equipment or industry event attendance) - **Mentoring Programme Pilot** Development of a structured mentoring programme to support the 2024 graduate cohort, with funding secured to commence in the 2025–26 reporting year. ## **Expanded support for Unsuccessful Fellowship Applicants** For the first time, all applicants unsuccessful at the interview stage were offered an hour long 1 to 1 mentoring/advice session with industry professionals. All unsuccessful applicants were invited to attend a partnership event with BBC Audio Lab, providing career guidance and speed mentoring. ## **Expanded industry participation/regional funding** - **New partnership with BBC Audio Lab** builds capacity for continued funding, **provides fully funded fellowships places to 3 independent regional production houses** who would otherwise be unable to host a fellow. - Partnership also provides peer-networking opportunities for fellows. ## **Expanded Audiences/Beneficiaries** - **Mid-Career Support** During this reporting period, planning is underway for a Careering in Audio event, aimed at supporting professional development for alumni and mid-career practitioners. **Funding and Income Diversification** ● **First Grant Funding secured** During this reporting period the organisation secured its first grant funding for the Mentoring programme, increasing financial resilience. ● **Improved financial management** through the adoption of Xero accounting systems. ● **First Online Ticketed Events:** Masterclass series generated income on a pay-what-you-can ticketing system **Policy and Planning** ● Clear forward planning in place, with a set of communally agreed projects with leaders identified, to be developed and delivered in 2025. ● I&D, Anti-Bribery and Financial Management and Reserves policies have been added to the organisation’s policy roster. **Beneficiary Impact** The combination of an extended Fellowship, Masterclasses, mentoring, and alumni support has enhanced accessibility, professional development, and career opportunities for under-represented groups in the audio industry. The community Multitrack serves now reaches wider than Fellowship participants. Feedback from participants highlights the programme’s transformative effect on confidence, skills, and career progression. **Example quotes from 24’25 Participants** _‘Multitrack has changed the course of my life. It gave me the chance to learn skills thatI have wanted to learn for decades. Most importantly, it gave me self belief.’ ‘Multitrack has unlocked a world I’ve always dreamed of being in. Through the placements, masterclasses and endless support, I now feel at home in this space, rather than feeling like an imposter’._ _‘[Multitrack] has given me so many industry connections that felt out of reach before’ ‘Life-changing!’_ ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Achievements against
objectives set|Para 1.41|**Funding & Finance**
Our last report highlighted multiple barriers
to grant fundraising, including lack of
financial breakdowns & forecasts, up to date
policies, and impact data.
We are pleased to report that significant
progress has been made in addressing each
of these issues, and the organisation is in a
greater state of readiness to submit
applications.
**Greater Support for Alumni and**
**Unsuccessful Fellows**
Please see the activities above. The
organisation has begun to expand activity
outside of the Fellowship, and reach a wider
audience of beneficiaries.
Data from Ofcom show us that DE&I issues
within the audio industry are keenly felt at
mid-career level and we are developing
interventions intended to mitigate this. This
may look like greater Alumni support or mid-
career support.
This marks a significant expansion for
Multitrack, which has previously focused on
provision for entry-level producers.| |---|---|---|---| ||||| |||||| |---|---|---|---|---| ||||During this reporting period we have|| ||||received our first grant funding as an|| ||Performance of fundraising||organisation- a trend that will significantly|| ||activities against objectives|Para 1.41|improve in the next reporting year.|| ||set|||| ||||Funding from Fellowship company fees was|| ||||down this year, a reflection of the state of the|| ||||industry- highlighting the need to diversify|| ||||income streams. However we continue to|| ||||nurture relationships with the industry,|| ||||including the BBC and Audible, and have|| ||||achieved significant donations from them in|| ||||this reporting period.|| ||||We recognise wider corporate|| ||||partnerships/sponsorship remain areas of|| ||||untapped potential.|| ||||Bids are written in-house and historic issues|| ||||around capacity to source and complete bids|| ||||persist. There is a need for workers and|| ||||volunteers to be upskilled in this area.|| ||||While progress has been made, greater|| ||||clarity about the organisation’s long-term|| ||||ambitions (and therefore the projects and|| ||||funding required to deliver them), is required|| ||||to enable the creation of a funding strategy.|| ||||**N/A**|| ||Investment performance|Para 1.41||| ||against objectives|||| ||Other|||| |||||| ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity's financial position at the year
end is its most robust to date. We move into
the next reporting period holding reserves
and designated funding to cover salary and
running costs for the majority of the coming
year.
Reserves and designated funds are held in
line with our newly created Reserves policy.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|
Calculated on the basis of allowing a £3000
contingency for redundancy, or sick
pay/rehiring costs.
Fundraising is an identified priority for 25/26,
therefore a reserve for Match Funding would
be an asset. If we’re applying for small
funds, >£10k then 20% (£2k) would be an
average match fund total.| |Amount of reservesheld|Para 1.22|£5000| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|**n/a**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Industry Funding**
The Fellowship is supported by an
administration fee charged to all Host
Companies (who offer work placements to
fellows)
In this reporting period we are developing
our partnership with BBC Audio Lab, and are
in negotiation with them for continued core
funding.
_(This negotiation will have a successful_
_outcome in the next reporting period)_
We are also continuing discussions with
Audible to re-run the Off-Mic programme for
a production fee._(This negotiation will have_
_a successful outcome in the next reporting_
_period)_
**Grant Funding**
We have received our first grant funding this
year and aim to build on this success with
tailored projects and applications.| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**N/A**| |---|---|---| |A description of the principal
risks facing the charity|Para 1.46|● Volunteer resource/engagement-
particularly amongst the leadership
team
● Reliable ongoing funding and ability
to hire/retain staff
● The declining size of the UK audio
industry/ companies financial ability
to participate in the Fellowship
**Strategic planning and managing**
**capacity remain challenges.**
Whilst we have been fortunate to have a
high level of new ad-hoc volunteers across
this period, there has been a decrease in
regular/active volunteer participation at the
leadership (trustee and steering committee)
level.
Staffing hours have increased in proportion
to the number and scale of projects, but not
to the extent that they offset changes in
volunteer participation.
The bulk of the organisation’s core activity is
increasingly being directed and absorbed by
paid staff- and has arisen as a situational
response rather than a managed adjustment.
As a result the organisation operates in an
accountability and identity grey-area, unclear
whether it is staff or volunteer led.
There is a sense that both parties expect to
be guided by the other, but with neither
having the capacity (or potentially desire) to
provide the level of hands-on & strategic
leadership increasingly required to support
the organisation’s growing ambition and
complexity.
Our internal organisational structure has
been in a state of flux as a result. To date it
has been challenging to establish a
sustained Working Group system, which had
intended to create a devolved/matrix system
of project leaderships and accountability.
The system showed signs of working as
intended in the Training Team and
Fellowship groups, but the commonality here
is the coordination of the group by a paid
staff member.| Groups without this support have either stalled or fizzled out. The solution to this is currently unclear, but the hope is that project-based working groups based on communally agreed projects might be more successful than the more ‘departmental’ approach taken in 23’24. Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Foundation model constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**| |
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Apart from the first charity trustees, every
trustee must be
appointed for a term of 2 years by a
resolution passed at a properly convened
meeting of the charity trustees.
In selecting individuals for appointment as
charity trustees, the charity trustees must
have regard to the skills, knowledge and
experience needed for the effective
administration of the CIO.| |**Additional information (optional)**
You may choose to include further statements where relevant about:||| |
Policies and procedures
adopted for the induction and
training of trustees|
Para 1.51|
Each new trustee receives a trustee pack
which includes information about their roles
and responsibilities such as;
-Charitable Purposes
-Organisational History
- Charity Commission Guide-CICs
The Essential Trustee
-Financial Summary| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|Multitrack| |---|---| |
Other name the charity uses|n/a| |Registered charity number|1191498| Charity’s principal address LY 313 Leroy House, 434-436 Essex Road, London, N1 3QP ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not**
**for whole year**
**Name of**
**person (or**
**body) entitled**
**to appoint**
**trustee (if any)**| |---|---|---|---| ||Arlie Adlington||| ||Joby Waldman||| ||Lisa Hack||| ||Deborah Dudgeon||| ||Nicole Logan||| ||Amy Turton||| ||Leanne Alie||| ||Matthew Coates|Treasurer|| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** |Description of the assets
held in this capacity|N/A| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/A| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets|N/A| ## **Additional information (optional)** |**Names and addresses of advisers (Optional information)**
**Type of**
**adviser**
**Name**
**Address**|**Names and addresses of advisers (Optional information)**
**Type of**
**adviser**
**Name**
**Address**|**Names and addresses of advisers (Optional information)**
**Type of**
**adviser**
**Name**
**Address**| |---|---|---| |||| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |||| ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **----- Start of picture text -----**
Signature(s)
Joseph Waldman
Full name(s) Arlie Adlington
Position (eg Trustee Trustee
Secretary, Chair, etc)
Date 27.01.2026
27.01.2026
**----- End of picture text -----**
||**MultiTrack**|**MultiTrack**|**MultiTrack**|**MultiTrack**|**MultiTrack**|**1191498**|**1191498**||**CC16a**| |---|---|---|---|---|---|---|---|---|---| ||||||||||| ||**Receipts andpayments accounts**||||||||| ||**For the period**
**from**||06/04/2024||**To**||05/04/2025||| ||||||||||| ||||||||||| |**Section A Receipts and payments**|||||||||| ||**Unrestricted**
**funds**||**Restricted**
**funds**||**Endowment**
**funds**||**Total funds**||**Last year**| ||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**| |**A1 Receipts**|||||||||| |Donation Income|**36,419**||**-**||**-**||**36,419**||**16,070**| |Other Revenue|**31**||**-**||**-**||**31**||**5**| |Fees for charitable services (Fellowship
Administration Fee)|**12,000**||**-**||**-**||**12,000**||| |Corporate Funding|**13,604**||**-**||**-**||**13,604**||**64,365**| |Masterclass Donations|**320**||**-**||**-**||**320**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |_(_|**-**||**-**||**-**||**-**||**-**| |_AR)_|**62,374**||**-**||**-**||**62,374**||**80,440**| ||||||||||| |~~**A2 Asset and investment sales,**~~
**(see table).**|||||||||| ||**-**||**-**||**-**||**-**||| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_**|**-**||**-**||**-**||**-**||**-**| ||||||||||| |**_Total receipts_ **|**62,374**||**-**||**-**||**62,374**||**80,440**| ||||||||||| |**A3 Payments**|||||||||| |
Direct Expenses|**46,467**||**-**||**-**||**46,467**||**49,569**| |Direct Wages|**-**||**-**||**-**||**-**||**-**| |Advertising& Marketing|**304**||**-**||**-**||**304**||**2,772**| |Bank Fees|||**-**||**-**||**-**||**10**| |Accountancyfees|**732**||||||**732**||| |Consulting|||**-**||**-**||**-**||**1,575**| |Entertainment-0%|**420**||||||**420**||| |Entertainment-100% business|**7,052**||||||**7,052**||| |Food andDrink -Staff&Fellows|**994**||**-**||**-**||**994**||**988**| |Insurance|**96**||**-**||**-**||**96**||**96**| |IT Software and Consumables|**586**||||||**586**||**877**| |Speaker Fee|**200**||||||**200**||| |Legal Expenses|**35**||||||**35**||**269**| |Staff Training|**65**||||||**65**||**93**| |Travel - National|**2,461**||||||**2,461**||**2,778**| |**_Sub total_ **|**59,412**||**-**||**-**||**59,412**||**59,027**| ||||||||||| |**A4 Asset and investment**
~~**purchases (see table)**~~|||||||||| |~~**,**~~
**N/a**|**-**||**-**||**-**||**-**||| ||**-**||**-**||**-**||**-**||| |**_Sub total_ **|**-**||**-**||**-**||**-**||**-**| ||||||||||| |**_Totalpayments_**|**59,412**||**-**||**-**||**59,412**||**59,027**| ||||||||||| |**_Net of receipts/(payments)_**|**2,962**||**-**||**-**||**2,962**||**21,413**| |**A5 Transfers between funds**|**-**||**-**||**-**||**-**||**-**| |**A6 Cash funds last year end**|**27,072**||**-**||**-**||**27,072**||**5,658**| |**_Cash funds thisyear end_**|**30,034**||**-**||**-**||**30,034**||**27,071**| ||||||||||| ||||||||||| |**Section B Statement of assets and**|||**liabilities at**||**the end of the period**||||| |**Categories**|**Details**||||**Unrestricted**
~~**funds**~~||**Restricted**
~~**funds**~~||**Endowment**
~~**funds**~~| 000000CCXX R1 accounts (SS) 00000029/01/2025 0000001 ||||||**to nearest £**||**to nearest £**||**to nearest £**| |---|---|---|---|---|---|---|---|---|---| |**B1 Cash funds**|Audible||||**-**||**-**||**-**| ||Current Account||||**27,132**||**-**||**-**| ||Dev Fund||||**901**||||| ||Volunteer Expenses||||**1**||||| ||Mentor Fund||||**2,000**||**-**||**-**| ||**_Total cash funds_**||||**30,034**||**-**||**-**| ||(agree balances with receipts and payments
account(s))||||OK||OK||OK| ||||||**Unrestricted**
**funds**||**Restricted**
**funds**||**Endowment**
**funds**| ||**Details**||||**to nearest £**||**to nearest £**||**to nearest £**| |**B2 Other monetary assets**|||||**-**||**-**||**-**| ||||||**-**||**-**||**-**| ||||||**-**||**-**||**-**| ||||||**-**||**-**||**-**| ||||||**-**||**-**||**-**| ||||||**-**||**-**||**-**| ||||||||||| ||**Details**||||**Fund to which**
**asset belongs**||**Cost (optional)**||**Current value**
**(optional)**| |**B3 Investment assets**|||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||||| ||**Details**||||**Fund to which**
**asset belongs**||**Cost (optional)**||**Current value**
**(optional)**| |**B4 Assets retained for the**
**charity’s own use**|||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||||| ||**Details**||||**Fund to which**
**liability relates**||**Amount due**
**(optional)**||**When due**
**(optional)**| |**B5 Liabilities**|||||||**-**||| ||||||||**-**||| ||||||||**-**||| ||||||||**-**||| ||||||||**-**||| ||||||||||| |Signed by one or two trustees on
behalf of all the trustees|Signature||||Print Name||||Date of
approval| ||||||Matthew Coates||||08/01/2026| ||||||||||| 000000CCXX R2 accounts (SS) 00000029/01/2025 0000002 ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** > **Report to the trustees Multitrack** > **On accounts for the year 5[th] April 2025 ended** > **Set out on pages Above** > **Charity no 1191498** I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 5[th] April 2024. **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. - _Please delete the words in the brackets if they do not apply._ **Date:** 29/01/2026 **Signed: Name:** Richard Welbourne **Relevant professional** FCCA **qualification: Address:** Welbourne & Co Ltd 16 Birch Grove, Elm, PE14 0AP 1 **Oct 2018** **IER** ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . No matters arising. 2 **Oct 2018** **IER**