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2025-06-30-accounts

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

Registered Charity Number: 1191500

For the financial period from 1 July 2024 to 30 June 2025

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Registered Address: Final Straw Foundation (CIO)15 St Georges Avenue, Havant, PO9 2RU Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

Contents

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Registered Address: Final Straw Foundation (CIO)15 St Georges Avenue, Havant, PO9 2RU Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

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Statement of Financial Activities 4
Balance Sheet .. 6
Notes to the Financial Statements ..18
Detailed Statement of Financial Activities 26
Independent Examiner s Report . 28
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Registered Address: Final Straw Foundation (CIO)15 St Georges Avenue, Havant, PO9 2RU Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

ending 30 June 2025. Over the past year the charity has continued to grow its impact across the Solent region through community action, environmental education, citizen science and marine restoration.

reporting period, 1,499 volunteers contributed more than 3,014 hours of their time to support beach cleans, environmental monitoring and educational activities.

This year has also seen significant progress in our marine restoration work with the installation of 10,000 native oysters within the Solent. Native oysters play an important ecological role in improving water quality and supporting marine biodiversity.

Education continues to be a cornerstone of our work. During the year the charity engaged 59 schools and reached 4,499 students through environmental education programmes.

Looking ahead, the trustees are confident the charity is well positioned to expand its environmental impact through partnerships with communities, researchers and environmental organisations.

Chair of Trustees

Final Straw Foundation

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Registered Address: Final Straw Foundation (CIO)15 St Georges Avenue, Havant, PO9 2RU Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

Impact Summary at a glance (2024 2025)

Environmental Action

3,183 kg of waste removed

2,635 volunteers engaged

Education & Youth Engagement

499 students reached

Citizen Science & Research

Marine Restoration

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Registered Address: Final Straw Foundation (CIO)15 St Georges Avenue, Havant, PO9 2RU Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

How Our Work Creates Environmental Impact (Theory of Change)

Community Action Education &
Awareness		 Scientific Evidence Environmental
Impact
Beach cleans
Volunteer
engagement		 School outreach
Beach Schools		 Water monitoring
University
collaboration		 Cleaner coastlines
Restored oyster
habitats
Improved
ecosystem health

6

Registered Address: Final Straw Foundation (CIO)15 St Georges Avenue, Havant, PO9 2RU Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

Reference and Administrative Details

Registered Charity Number 1191500 Registered Office 15 St Georges Avenue Havant PO9 2RU United Kingdom Trustees Wendy Bessant Thomas Handley Paul Hawkins Ian Jubb Pollyanna Smithson Nicola Smith George Yeoman Independent Examiner Goff and Company Chartered Accountants 89 Havant Road Emsworth Hampshire PO10 7LF Bankers The Cooperative Bank P.O. Box 101 1 Balloon Street Manchester M60 4EP

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Registered Address: Final Straw Foundation (CIO)15 St Georges Avenue, Havant, PO9 2RU Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

Commencement of activities

The CIO formally commenced activities on 28[th] September 2020 following the gift of total fund balances of £2,099.64 from Final Straw Solent CIC (Company number 11393298), whose activities this entity continues. The organisation is governed by a Constitution, having been amended by special resolution by the Trustees registered at Companies House on 28[th] September 2020, based on the Charity Commission model constitution for a Charitable Incorporated Organisation (CIO).

Structure, Governance and Management

Type of governing document

The charity is governed by a Constitution based on a Charity Commission constitution for a Charitable Incorporated Organisation (CIO)

How is the charity constituted?

The charity is a Charitable Incorporated Organisation (CIO).

Trustee selection methods

Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. New trustees are selected based on the skills and experience required to complement the existing board of trustees for the effective administration of the CIO.

New Trustees will be selected either through a direct approach by existing Trustees for specific skillsets, or by advertising the role on appropriate websites and/or press.

Policies and procedures adopted for the induction and training of trustees

New trustees meet with existing trustees and key members of staff to ensure they feel structure.

Trustees are provided with the current accounts, and relevant Charity Commission guidance.

Trustees are also directed to useful information on their duties and responsibilities through the Charity Commission website.

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Registered Address: Final Straw Foundation (CIO)15 St Georges Avenue, Havant, PO9 2RU Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

Objectives and Activities

Summary of the purpose of the charity as set out in its governing document

To promote for the public benefit, the conservation, protection and improvement of the physical and natural environment, in particular but not exclusively by:

Summary of the main activities in relation to those purposes for the public benefit

The charity develops and delivers community initiatives, educational programmes, volunteer activities and scientific collaborators aimed at protecting coastal environments and improving public awareness of environmental issues.

The main activities are carried out following 3 core aims.

As the charity has grown and matured, it has identified that gathering robust scientific evidence to support its campaigning is essential to give a sound base for its activities. As a co-founder of the Clean Harbours Partnership, the charity is starting to see this is filtering through, helping to apply pressure to polluters and help ensure solid evidence is in place for its campaigning efforts.

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Registered Address: Final Straw Foundation (CIO)15 St Georges Avenue, Havant, PO9 2RU Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit

The trustees confirm that they have complied with their duty under the Charities Act 2011

Contribution Made by Volunteers

The charity is always incredibly grateful to its passionate and dedicated volunteers. During the reporting period 2,635 volunteers contributed over 3,014 hours of their time supporting beach cleans, water monitoring and education activities.

Achievements and Performance

Community Action

Beach Clean-ups

The charity organised 59 beach cleans removing 3,183 kg of waste with the help of a diverse volunteer team. These dedicated individuals contributed their time regularly to our mission. waste from the environment, significantly reducing pollution and improving the local ecosystem.

Borrow Bag Scheme

The Borrow Bag Scheme continued to expand during the financial period, with over 350 volunteers actively participating in sewing reusable fabric bags made from reclaimed, preloved materials. This initiative has prevented over 600 kilograms of fabric from reaching landfill and has contributed to an estimated reduction of 100,000 single-use plastic bags in circulation. Given the reusable nature of these fabric bags, their environmental impact is expected to increase over time.

Big Fish Sculptures

This year the decision has been made to retire all the big fish sculptures. Their impact has been incredible but with an increase in transport and repair costs these are not financially viable any longer.

Educational Outreach

The Final Straw Foundation delivered 36 Beach School sessions reaching 4,499 students across 59 schools. This accounting period saw the same remarkable impact numbers as last accounting period for all educational activities with Wild Beach Schools incredibly popular due to the nature of the activities, the blue health ethos and the learning outside of a

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Registered Address: Final Straw Foundation (CIO)15 St Georges Avenue, Havant, PO9 2RU Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

standard classroom setting to connect children with their environment. Wild Beach School programme is specifically aimed specifically at primary school students who receive free access to the coastline. This programme requires additional funding in the form of transportation to remove a barrier to their attendance. Over the accounting period 50% of all attending school classes required assistance with transportation.

Protection and Restoration of The Solent

Final Straw Foundation installed 10,000 native oysters with the expert guidance from Blue Marine Foundation, following their installation guide and template. These installations have taken place over 4 sites along the Solent and a further 20,000 is planned for this autumn at new Solent sites.

Following founding and implementation of the innovative water project with Clean Harbours Partnership, the charity has begun a 365-day water sampling programme this past year to provide up-to-date daily E.coli, phosphate and nitrate records. This information will provide local individuals with information to make their ow informed decisions if they wish to enter the water and form a part of a wider data set of water conditions along The Solent. To date 566 water samples have been taken and analysed across six monitoring sites.

Looking Ahead

The charity plans to continue expanding environmental education, citizen science monitoring and marine restoration initiatives across the Solent region while strengthening partnerships with universities and environmental organisations.

Principal Risks and Uncertainties

The trustees have considered the principal risks and uncertainties facing the charity and maintain a risk register which is reviewed regularly to ensure that appropriate controls and mitigation measures are in place. The main risks identified relate to the charities financial stability, potential disruption caused by external events, staffing capacity and continuity, and the need to maintain robust governance through clear policies and procedures. The trustees manage these risks through prudent financial oversight, diversified fundraising activity, careful management of staffing and operational costs, appropriate training and support for staff and volunteers, and the implementation of a comprehensive suite of governance policies. The trustees believe that these measures help ensure that the charity is well positioned to manage risks and continue delivering its charitable objectives.

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Registered Address: Final Straw Foundation (CIO)15 St Georges Avenue, Havant, PO9 2RU Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

Financial Review

At the end of the financial period, the charity held funds of £115,000 of which £24,693 were restricted funds set aside for ongoing and upcoming projects, and £90,307 were unrestricted funds.

During the year, the charity reported a net operating deficit of £34,600. This reflects a planned period of investment in both programme delivery and team capacity to support future growth. This investment took place alongside a more challenging macroeconomic environment for donors and fundraising. The trustees are satisfied that this position was anticipated and that there is a clear plan in place to maintain and strengthen income streams through ongoing fundraising and partnership development.

The reduction in cash reserves during the period was also influenced by targeted investment in new assets and infrastructure , funded through ringfenced income to maintain robust financial controls and policies to manage cashflow and is not in breach of its reserves policy or financial management requirements .

Statement explaining the policy for holding reserves stating why they are held

The charity aims to hold total reserves of unrestricted funds to protect the charity against drops in income or allow it to take advantage of new opportunities.

Restructuring Fund: £36,000. This fund would be used to cover essential activities whilst sourcing income to a maximum of 6 months budgeted activity, with 2 staff members.

Dissolution Fund: £30,500, which would provide for the costs of dissolution should the charity should cease to exist. It will be used to pay notice periods, redundancies and the expenses of running the Final Straw Foundation until closure of the organisation.

The minimum reserves required is the Dissolution Fund. There are to be used to ensure we look at every alternative before dissolution of the charity. The trustees wish to maintain and enhance the size of the unrestricted funds over time appropriately to the growth of the charity in staffing and activities. The reserves held at the end of the reporting period were lower than the charity would like, however it is anticipated that in coming years this will improve and reach the preferred amount.

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Registered Address: Final Straw Foundation (CIO)15 St Georges Avenue, Havant, PO9 2RU Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

Amount of reserves held

At the end of the reporting period, the charity held £90,307 in unrestricted funding, including enough reserves to cover the dissolution fund. The charity leadership is satisfied that the reserves held would be able to fund the restructuring or dissolution of the charity, if required. The restricted funding in place would also cover ongoing running project costs to see existing project commitments through to the end of the charity projects.

Explanation of any uncertainties about the charity continuing as a going concern

The trustees do not anticipate any uncertainties about the continuance of the charity as a going concern. The charity is growing and receiving more recognition and funding from a wider range of sources, and the key threats to the charity are being managed effectively by the core team and Trustees.

Declaration of Payment to a Trustee for Services

The Final Straw Foundation did not pay any trustees for their trustee services during this financial period.

may approve agreements with trustees for the provision of specific goods or services, nterest.

As disclosed in Note 10 to the financial statements, the charity entered into such an agreement with one trustee for the provision of essential operational services. Under this agreement, payments totalling £8,748 were made during the year. The trustees are satisfied that this arrangement is beneficial to the charity and offers clear value for money.

Declarations

Trustee Name Paul Hawkins

Signature Date

15/04/2026

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Registered Address: Final Straw Foundation (CIO)15 St Georges Avenue, Havant, PO9 2RU Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

FINAL STRAW FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH JUNE 2025

Unrestricted
Restricted
fund
fund
Notes
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
134,790
123,390
Other trading activities
2
2,814
-
Total
137,604
123,390
EXPENDITURE ON
Raising funds
1,393
-
Charitable activities
Wages and pensions
139,238
21,550
Beach school
-
6,168
Borrow bags
568
555
Education station
3,770
3,546
Beach cleans
8,288
865
Clean harbours partnership
-
7,067
Community outreach programmes
8,227
-
Water quality programme
-
397
Biodiversity programme
-
50,000
Rent, rates and utilities
8,763
-
Insurance
1,248
-
General office costs
1,071
-
Software licences
1,042
-
Advertising
1,740
176
Staff training
1,191
-
Subscriptions
571
-
Repairs and equipment
264
-
Uniform
275
-
General administration
248
-
Bank charges
5
-
Depreciation
3,704
-
Governance costs
1,759
-
Bookkeeping costs
1,073
-
Big fish
3,360
-
Consultancy
17,472
-
Total
205,270
90,324
NET INCOME/(EXPENDITURE)
(67,666)
33,066
Transfers between funds
9
24,825
(24,825)
Net movement in funds
(42,841)
8,241		 30.6.25
Total
funds
£
258,180
2,814
260,994
1,393
160,788
6,168
1,123
7,316
9,153
7,067
8,227
397
50,000
8,763
1,248
1,071
1,042
1,916
1,191
571
264
275
248
5
3,704
1,759
1,073
3,360
17,472
295,594
(34,600)
-
(34,600)		 30.6.24
Total
funds
£
253,791
-
253,791
343
133,120
6,567
1,143
3,622
5,371
2,805
-
-
-
4,137
1,118
1,544
3,674
2,121
773
968
183
502
2
19
2,169
808
522
-
12,724
184,235
69,556
-
69,556

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Registered Address: Final Straw Foundation (CIO) 15 St Georges Avenue, Havant, PO9 2U Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 133,148
90,307		 16,452
24,693		 149,600
115,000		 80,044
149,600

15

Registered Address: Final Straw Foundation (CIO) 15 St Georges Avenue, Havant, PO9 2U Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

FINAL STRAW FOUNDATION

BALANCE SHEET
30TH JUNE 2025
Unrestricted
Restricted
fund
fund
Notes
£
£
FIXED ASSETS
Tangible assets
6
30,021
-
CURRENT ASSETS
Stocks
7
8,753
-
Cash at bank
57,258
24,693
66,011
24,693
CREDITORS
Amounts falling due within one year
8
(5,725)
-
NET CURRENT ASSETS
60,286
24,693
TOTAL ASSETS LESS CURRENT LIABILITIES
90,307
24,693
NET ASSETS
90,307
24,693
FUNDS
9
Unrestricted funds
Restricted funds
TOTAL FUNDS		 30.6.25
Total
funds
£
30,021
8,753
81,951
90,704
(5,725)
84,979
115,000
115,000
90,307
24,693
115,000		 30.6.24
Total
funds
£
16,611
-
136,541
136,541
(3,552)
132,989
149,600
149,600
133,148
16,452
149,600

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

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Registered Address: Final Straw Foundation (CIO) 15 St Georges Avenue, Havant, PO9 2U Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

FINAL STRAW FOUNDATION

BALANCE SHEET - continued 30TH JUNE 2025

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 13th April 2026 and were signed on its behalf by:

P Hawkins (Chair) - Trustee

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Registered Address: Final Straw Foundation (CIO) 15 St Georges Avenue, Havant, PO9 2U Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

FINAL STRAW FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 10% on reducing balance Office and computer equipment - 33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Where goods are received as an in-kind donation, they will be valued at fair value. Fair value is the retail price of the goods or, when this is not available, it will be the price to bring the goods to a fit state to sell, including co-branding and associated costs.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

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Registered Address: Final Straw Foundation (CIO) 15 St Georges Avenue, Havant, PO9 2U Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Treatment of excess restricted funds

Restricted funds are funds raised for, or otherwise subject to, specific purposes as defined by the donor. Once the purpose of a restricted fund has been fully achieved, the trustees review any unspent balance.

Where the original restriction has been met in full and there is no further obligation to use the funds for that purpose, any small surplus may, with the agreement of the donor (where practicable) or in accordance with charity law, be transferred to unrestricted funds to support the charity's general activities.

If donor consent cannot be obtained and the restriction prevents such a transfer, the trustees will consider applying to the Charity Commission for authority to vary or release the restriction under the Charities Act 2011.

All decisions relating to the treatment of restricted fund surpluses are approved by the trustees and recorded in the minutes.

2. OTHER TRADING ACTIVITIES

OTHER TRADING ACTIVITIES
30.6.25 30.6.24
£ £
Shop income 2,814 -

3. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

30.6.25 30.6.24
£ £
Depreciation - owned assets 3,704 2,169
Other operating leases 7,800 -
Deficit on disposal of fixed assets 5,999 -

19

Registered Address: Final Straw Foundation (CIO) 15 St Georges Avenue, Havant, PO9 2U Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

FINAL STRAW FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' salaries or other payroll benefits paid for the year ended 30th June 2025 nor for the year ended 30th June 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30th June 2025 nor for the year ended 30th June 2024.

20

Registered Address: Final Straw Foundation (CIO) 15 St Georges Avenue, Havant, PO9 2U Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

FINAL STRAW FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025

5.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
fund
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
211,715
42,076
EXPENDITURE ON
Raising funds
132
211
Charitable activities
Wages and pensions
118,638
14,482
Beach school
-
6,567
Borrow bags
-
1,143
Education station
-
3,622
Beach cleans
323
5,048
Clean harbours partnership
-
2,805
Rent, rates and utilities
4,137
-
Insurance
1,118
-
General office costs
1,544
-
Software licences
3,674
-
Advertising
2,121
-
Staff training
773
-
Subscriptions
968
-
Repairs and equipment
183
-
Uniform
502
-
General administration
2
-
Bank charges
19
-
Depreciation
2,169
-
Governance costs
808
-
Bookkeeping costs
522
-
Consultancy
12,724
-
Total
150,357
33,878
NET INCOME
61,358
8,198
Transfers between funds
48,077
(48,077)
Net movement in funds
109,435
(39,879)
RECONCILIATION OF FUNDS
Total funds brought forward
23,713
56,331
TOTAL FUNDS CARRIED FORWARD
133,148
16,452		 Total
funds
£
253,791
343
133,120
6,567
1,143
3,622
5,371
2,805
4,137
1,118
1,544
3,674
2,121
773
968
183
502
2
19
2,169
808
522
12,724
184,235
69,556
-
69,556
80,044
149,600

21

Registered Address: Final Straw Foundation (CIO) 15 St Georges Avenue, Havant, PO9 2U Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

FINAL STRAW FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025

6.
TANGIBLE FIXED ASSETS
Office and
Plant and
computer
machinery
equipment
£
£
COST
At 1st July 2024
21,098
1,244
Additions
25,737
-
Disposals
(9,144)
-
Impairments
(4,000)
-
At 30th June 2025
33,691
1,244
DEPRECIATION
At 1st July 2024
5,316
415
Charge for year
3,290
414
Eliminated on disposal
(3,145)
-
Impairments
(1,376)
-
At 30th June 2025
4,085
829
NET BOOK VALUE
At 30th June 2025
29,606
415
At 30th June 2024
15,782
829
7.
STOCKS
30.6.25
£
Stocks
8,753
8.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.25
£
Trade creditors
4,019
Social security and other taxes
-
Other creditors
-
Accrued expenses
1,706
5,725		 Totals
£
22,342
25,737
(9,144)
(4,000)
34,935
5,731
3,704
(3,145)
(1,376)
4,914
30,021
16,611
30.6.24
£
-
30.6.24
£
2,721
1
830
-
3,552

22

Registered Address: Final Straw Foundation (CIO) 15 St Georges Avenue, Havant, PO9 2U Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

FINAL STRAW FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025

9. MOVEMENT IN FUNDS
Net Transfers
movement between
At 1.7.24 in funds funds At 30.6.25
£ £ £ £
Unrestricted funds
General fund 133,148 (67,666) 24,825 90,307
Restricted funds
Restricted Funds 16,452 33,066 (24,825) 24,693
TOTAL FUNDS 149,600 (34,600) - 115,000
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 137,604 (205,270) (67,666)
Restricted funds
Restricted Funds 123,390 (90,324) 33,066
TOTAL FUNDS 260,994 (295,594) (34,600)
Comparatives for movement in funds
Net Transfers
movement between
At 1.7.23 in funds funds At 30.6.24
£ £ £ £
Unrestricted funds
General fund 23,713 61,358 48,077 133,148
Restricted funds
Restricted Funds 56,331 8,198 (48,077) 16,452
TOTAL FUNDS 80,044 69,556 - 149,600

23

Registered Address: Final Straw Foundation (CIO) 15 St Georges Avenue, Havant, PO9 2U Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

FINAL STRAW FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025

9. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 211,715 (150,357) 61,358
Restricted funds
Restricted Funds 42,076 (33,878) 8,198
TOTAL FUNDS 253,791 (184,235) 69,556

A current year 12 months and prior year 12 months combined position is as follows:

Net Transfers
movement between
At 1.7.23 in funds funds At 30.6.25
£ £ £ £
Unrestricted funds
General fund 23,713 (6,308) 72,902 90,307
Restricted funds
Restricted Funds 56,331 41,264 (72,902) 24,693
TOTAL FUNDS 80,044 34,956 - 115,000

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 349,319 (355,627) (6,308)
Restricted funds
Restricted Funds 165,466 (124,202) 41,264
TOTAL FUNDS 514,785 (479,829) 34,956

24

Registered Address: Final Straw Foundation (CIO) 15 St Georges Avenue, Havant, PO9 2U Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

FINAL STRAW FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025

10. TRANSACTIONS WITH TRUSTEES AND RELATED PARTIES

In accordance with the Charities SORP (FRS 102), the charity discloses all material related-party transactions, including payments to trustees for the supply of services. During the year ended 30th June 2025, the charity entered into a formal agreement with one of its trustees for the provision of specialist services required in affected trustee not taking part in any discussion or decision relating to the arrangement. The agreement includes a cap on the maximum amount payable to the trustee for these services within any financial year.

Under this agreement, the trustee received payments totalling £8,748.00 during the year for the provision of storage costs for the Charity's events trailer, the fit-out, ongoing maintenance and transport of said trailer and of the big fish sculptures. All payments were made at a rate consistent with market value and on terms no more favourable than those available to the charity from unrelated third parties.

There were no such payments made in the year ended 30th June 2024.

25

Registered Address: Final Straw Foundation (CIO) 15 St Georges Avenue, Havant, PO9 2U Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

FINAL STRAW FOUNDATION

DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30TH JUNE 2025
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Gift aid
Other trading activities
Shop income
Total incoming resources
EXPENDITURE
Other trading activities
Purchases
Charitable activities
Wages
Pensions
Rent
Rates and water
Insurance
Light and heat
Telephone
Advertising
Sundries
Depreciation of plant and machinery
Depreciation of office and computer equipment
Loss on disposal of tangible fixed assets
Impairment losses for tangible fixed assets
Charitable grants and projects
Support costs
Governance costs
Bookkeeping
Accountancy and legal fees
Consultancy fees		 30.6.25
£
256,777
1,403
258,180
2,814
260,994
1,393
157,811
4,168
7,800
257
1,248
706
857
1,916
2,405
3,290
414
5,999
2,624
84,402
273,897
1,073
1,759
17,472
20,304		 30.6.24
£
253,347
444
253,791
-
253,791
343
129,575
3,337
-
-
1,118
237
-
2,121
16,414
1,754
415
-
-
14,867
169,838
522
808
12,724
14,054

26

Registered Address: Final Straw Foundation (CIO) 15 St Georges Avenue, Havant, PO9 2U Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

Total resources expended
Net (expenditure)/income		 295,594
(34,600)		 184,235
69,556

27

Registered Address: Final Straw Foundation (CIO) 15 St Georges Avenue, Havant, PO9 2U Final Straw Foundation 1191500

Final Straw Foundation Report of the Trustees and Unaudited Financial Statements For the period ending 30 June 2025

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FINAL STRAW FOUNDATION

Independent examiner's report to the trustees of Final Straw Foundation ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30th June 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can 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.

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:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or

  4. the accounts 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 accounts to be reached.

Chris Bond FCCA

The Association of Chartered Certified Accountants

Goff and Company Chartered Accountants 89 Havant Road Emsworth Hampshire PO10 7LF

13th April 2026

28

Registered Address: Final Straw Foundation (CIO) 15 St Georges Avenue, Havant, PO9 2U Final Straw Foundation 1191500