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2025-03-31-accounts

Docusign Envelope ID: 74433405-AF02-458D-BE4C-665831C19453Docusign Envelope ID: C7D096A8-50F5-4276-9A73-8FB8634FE1F6

REGISTERED COMPANY NUMBER: CE024451 (England and Wales) REGISTERED CHARITY NUMBER: 1192907

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025

for

THE EPIC RESTART FOUNDATION

Cowgills Limited 1st Floor Waterside House Waterside Drive Wigan Lancashire WN3 5AZ

Docusign Envelope ID: 74433405-AF02-458D-BE4C-665831C19453Docusign Envelope ID: C7D096A8-50F5-4276-9A73-8FB8634FE1F6

THE EPIC RESTART FOUNDATION

Contents of the Financial Statements FOR THE YEAR ENDED 31 MARCH 2025

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Cash Flow Statement 9
Notes to the Cash Flow Statement 10
Notes to the Financial Statements 11 to 16
Detailed Statement of Financial Activities 17

Docusign Envelope ID: 74433405-AF02-458D-BE4C-665831C19453Docusign Envelope ID: C7D096A8-50F5-4276-9A73-8FB8634FE1F6

THE EPIC RESTART FOUNDATION

Reference and Administrative Details FOR THE YEAR ENDED 31 MARCH 2025

Trustees R E L Jones (resigned 14.7.25) R J White (resigned 1.1.25) A A Barraclough K Bradbeer M Corcoran D J Smith (appointed 18.10.24) Registered office Suite 2 Northern Diver Building Appley Lane North Appley Bridge Wigan WN6 9AE Registered company number CE024451 (England and Wales) Registered charity number 1192907 Independent examiner Cowgills Limited 1st Floor Waterside House Waterside Drive Wigan Lancashire WN3 5AZ Chief executive R Wiltshire

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THE EPIC RESTART FOUNDATION

Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2025

The trustees of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 1 April 2024 to 31 March 2025. The trustees have adopted the provisions of 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

Objectives and aims

The EPIC Restart Foundation is a UK registered charity which supports people to recover from gambling addiction. Serving the whole UK, our objective is to enable people to rebuild positive lives after gambling harm by providing person-centred, practical support that empowers people to overcome legacy gambling harms and sustain a positive recovery.

Sustaining a lasting recovery is incredibly difficult. People often become 'stuck' - struggling with anxiety, stigma, lacking in confidence, lonely and heavily in debt - feeling unable to pick up the pieces or move on with their lives. They are vulnerable to becoming overwhelmed, potentially eroding positive gains made in treatment. The cost-of-living crisis, with its anxieties and financial hardships, adds to the pressures and increases the risk of relapse.

Working with expert delivery partners, EPIC Restart focuses on initiating lasting change and taking personal responsibility for finding a purposeful direction in life. Those taking part in our programmes are supported to build stronger, more holistic recovery capital through increased awareness, connection, and empowerment. We help people create their own 'toolbox' to sustain recovery, with greater awareness of how to rebuild more stable, positive lives and reduce their vulnerability to relapse. All our activities are free, and we also cover all travel and accommodation costs for participants.

Our programmes offer life changing events, personal development workshops and intensive mentoring and coaching. We provide constructive tools that empower people to overcome isolation, develop new coping strategies and a sense of purpose, increase self-awareness and resilience, rebuild relationships and gain new skills to support recovery. We restore the confidence and self-belief needed to rebuild lives after gambling harm and help sustain a positive recovery, with reduced vulnerability to the risk of relapse.

Public benefit

The principal objective of the Foundation is to provide practical support to help those recovering from gambling harm to rebuild their lives. Our activities support the National Strategy to Reduce Gambling Harm. We have built excellent relationships with treatment providers in the National Gambling Support Network (NGSN) and connected organisations to build a seamless recovery pathway, sustain recovery journeys and improve collaboration across the system.

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Foundation's aims and objectives and in planning future activities and funding policies.

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THE EPIC RESTART FOUNDATION

Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2025

Strategic report Achievement and performance Charitable activities

In 2024 we:

How we fulfilled our objectives in 2024

The Foundation was set up with the intention of filling the gap around the availability of post-treatment and longer-term gambling harms recovery support. Our approach is collaborative, with activities co-created with expert partners, shaped through meaningful consultation with our audience and informed by continuous monitoring.

Lived experience is at the heart of our approach and our Recovery Coaches' own experience of gambling harms is crucial to building trust and gaining respect with our beneficiaries. Our understanding of recovery capital and what works is informed not only by the lived experiences of our team and three years' experience of focussed delivery, but also from our engagement with the sector and consultations with a wide range of people seeking support to rebuild their life after gambling harm.

People recovering from gambling harm were referred to the Foundation from a wide variety of sources in 2024 including clinical treatment providers, connected charities, self-referrals, and other recommendations. Those taking part in our intensive programmes Restarting Lives and Woman. Empowered were supported by lived experience Recovery Coaches for up to 6 months, focussing on goal-setting and action planning to identify the next steps in their personal journey of recovery.

We monitored and tracked participation, changes in skills, personal resources, and life changes and captured feedback from events to evaluate the extent to which we achieved our outcomes and to help shape future activities.

A wide range of benefits were reported by those taking part in our 2024 programmes, alongside consistent positive feedback including:

"I have now been one month and seven days free from gambling, 38 days! I couldn't even manage 38 hours before EPIC Restart. I feel like I am not only treating my gambling but improving my own mental wellbeing. I already feel a lot lighter and comfortable in my own skin, I feel like I'm slowly getting the old me back."

"When I first reached out, I felt lost and overwhelmed by my gambling addiction. I wasn't sure if I could ever reclaim my life. Now, not only have I managed to stop gambling but have also begun to rebuild my life in ways I hadn't thought possible."

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THE EPIC RESTART FOUNDATION

Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2025

"I've set clear goals, learned to celebrate the simple things, and built a toolbox that makes a gamble-free life feel not just possible, but sustainable. I've found joy in everyday life again. I've walked away from toxic situations. And for the first time in a long time, I can say this with pride: I'm proud of myself."

"After my first Woman. Empowered session, I didn't feel alone anymore, like I wasn't the only female gambler. I felt like I could be open about my life with no shame or guilt, it was refreshing. I never thought I could live a life that wasn't ruled by gambling. Now, I've got the opportunity to have my life back and there's nothing more precious than that."

"Since working with EPIC Restart my mental health has improved, and I see things differently now. Gambling used to give me an escape, but I had no idea how damaging that could be. Now I feel I'm ready to tackle life head on."

"When I first reached out, I felt lost and overwhelmed by my gambling addiction. I wasn't sure if I could ever reclaim my life. Now, not only have I managed to stop gambling but have also begun to rebuild my life in ways I hadn't thought possible."

We have recently launched a new 3-Year Strategy that will take the foundation into 2028. The new strategy is designed to make EPIC Restart sustainable for the future both in terms of structure and finances. We will be restructuring the organisation to operate in a more efficient way, focussing on long term recovery from gambling harm above all else, whilst also being agile to make the most of funding and commissioning opportunities.

Financial review

Principal funding sources

Total income in the period was £800,911 secured from charitable funds raised, which included £611,477 of grants from GambleAware and £53,898 from the Big Lottery Fund, to support the Foundation and its programmes. The Foundation's principal source of income was from charitable funding, corporate charitable donations and personal donations. The trustees do not accept donations from any company or organisation which might result in fettering or dictating of our activities or creates a conflict of interest.

Our aim in future years is to build a financially sustainable operating model that delivers maximum impact and supports long term growth and development. Investment policy and objectives

Investment policy and objectives

At the end of March 2025, the Foundation has Reserves of £1,307,205 and no Invested income. £950k Reserves are Designated to fund activities during the financial year ending 31 March 2026, leaving £357k of unrestricted reserves to maintain cash Reserves equivalent to up to 6 months' operating costs. There are no material uncertainties casting significant doubt about the Foundation's ability to continue.

Structure, governance and management

Governing document

The charity is controlled by its governing document and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The Foundation is governed by its Constitution dated November 2020.

Recruitment and appointment of new trustees

The trustees are not remunerated for their services. New trustees are recruited through application and interview, ensuring that the skills of any new trustees complement those of the existing trustees. Appointment of new trustees is by a vote of the current trustees. Training includes a one-to-one knowledge transfer session with an existing trustee and the CEO.

Organisational structure

The trustees meet on a regular basis to discuss the work and development of the Foundation. The trustees delegate authority to the Chief Executive Officer to lead and manage the Foundation supported by a team of 9 other employees. There are no other volunteers.

Statement of trustees' responsibilities

The trustees (who are also the directors of The EPIC Restart Foundation for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

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THE EPIC RESTART FOUNDATION

Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2025

Statement of trustees' responsibilities - continued

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees (who are also the directors of The EPIC Restart Foundation for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to;

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 30 September 2025 and signed on the board's behalf by:

M Corcoran - Trustee

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Independent Examiner's Report to the Trustees of The EPIC Restart Foundation

Independent examiner's report to the trustees of The EPIC Restart Foundation ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 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 Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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

  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

  2. 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

  3. 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.

Neil Whittingham BA(Hons)

Cowgills Limited 1st Floor Waterside House Waterside Drive Wigan Lancashire WN3 5AZ

30 September 2025

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Docusign Envelope ID: 74433405-AF02-458D-BE4C-665831C19453Docusign Envelope ID: C7D096A8-50F5-4276-9A73-8FB8634FE1F6

THE EPIC RESTART FOUNDATION

Statement of Financial Activities FOR THE YEAR ENDED 31 MARCH 2025

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
EXPENDITURE ON
Charitable activities
3
Programme Venues
Evaluation
Staff Costs
Programme Travel
Programme Equipment
Delivery Partners
Fundraising and Marketing
Delivery Partners
Safeguarding
Staff Training and Recruitment
Other
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
13
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
135,536
312
-
79,894
1,293
-
-
5,270
-
140
29,247
20,903
137,059
(1,523)
(51,056)
(52,579)
1,349,452
1,296,873		 Restricted
fund
£
665,375
41,530
288
387,475
46,237
8,426
-
31,762
86,642
18,362
7,990
77,387
706,099
(40,724)
51,056
10,332
-
10,332		 Year Ended
31.3.25
Total
funds
£
800,911
41,842
288
467,369
47,530
8,426
-
37,032
86,642
18,502
37,237
98,290
843,158
(42,247)
-
(42,247)
1,349,452
1,307,205		 Period
1.1.23
to
31.3.24
Total
funds
£
1,890,754
53,607
14,679
264,086
32,528
6,647
78,973
52,806
-
9,618
4,232
65,234
582,410
1,308,344
-
1,308,344
41,108
1,349,452

The notes form part of these financial statements

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THE EPIC RESTART FOUNDATION

Balance Sheet 31 MARCH 2025

Notes
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Debtors
11
Cash at bank
CREDITORS
Amounts falling due within one year
12
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
13
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
fund
£
17,580
95,966
1,203,136
1,299,102
(19,809)
1,279,293
1,296,873
1,296,873		 Restricted
fund
£
-
-
10,332
10,332
-
10,332
10,332
10,332		 31.3.25
Total
funds
£
17,580
95,966
1,213,468
1,309,434
(19,809)
1,289,625
1,307,205
1,307,205
1,296,873
10,332
1,307,205		 31.3.24
Total
funds
£
2,904
188,324
1,283,968
1,472,292
(125,744)
1,346,548
1,349,452
1,349,452
1,349,452
-
1,349,452

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The financial statements were approved by the Board of Trustees and authorised for issue on 30 September 2025 and were signed on its behalf by:

M Corcoran - Trustee

The notes form part of these financial statements

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THE EPIC RESTART FOUNDATION

Cash Flow Statement FOR THE YEAR ENDED 31 MARCH 2025

Period
1.1.23
Year Ended to
31.3.25 31.3.24
Notes £ £
Cash flows from operating activities
Cash generated from operations 1 (51,275) 1,095,485
Net cash (used in)/provided by operating activities (51,275) 1,095,485
Cash flows from investing activities
Purchase of tangible fixed assets (19,225) (4,932)
Sale of tangible fixed assets - 150
Net cash used in investing activities (19,225) (4,782)
Change in cash and cash equivalents in
the reporting period (70,500) 1,090,703
Cash and cash equivalents at the
beginning of the reporting period 1,283,968 193,265
Cash and cash equivalents at the end of
the reporting period 1,213,468 1,283,968

The notes form part of these financial statements

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THE EPIC RESTART FOUNDATION

Notes to the Cash Flow Statement FOR THE YEAR ENDED 31 MARCH 2025

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

ACTIVITIES
Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
Decrease/(increase) in debtors
Decrease in creditors
Net cash (used in)/provided by operations		 Year Ended
31.3.25
£
(42,247)
4,550
-
92,357
(105,935)
(51,275)		 Period
1.1.23
to
31.3.24
£
1,308,344
2,829
103
(188,324)
(27,467)
1,095,485

2.

ANALYSIS OF CHANGES IN NET FUNDS

Net cash
Cash at bank
Total		 At 1.4.24
£
1,283,968
1,283,968
1,283,968		 Cash flow
£
(70,500)
(70,500)
(70,500)		 At 31.3.25
£
1,213,468
1,213,468
1,213,468

The notes form part of these financial statements

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THE EPIC RESTART FOUNDATION

Notes to the Financial Statements FOR THE YEAR ENDED 31 MARCH 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.

Tangible fixed assets

Tangible fixed assets are stated as cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

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

Computer equipment - 33.3% on cost

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.

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

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.

2. DONATIONS AND LEGACIES

Donations
Grants		 Year Ended
31.3.25
£
135,536
665,375
800,911		 Period
1.1.23
to
31.3.24
£
1,362,691
528,063
1,890,754

Grants of £665,375 were received from Gambleaware and The National Lottery.

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THE EPIC RESTART FOUNDATION

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2025

3. CHARITABLE ACTIVITIES COSTS

Support
Direct
costs (see
Costs
note 4)
£
£
Programme Venues
41,842
-
Evaluation
288
-
Staff Costs
410,719
56,650
Programme Travel
47,530
-
Programme Equipment
8,426
-
Fundraising and Marketing
37,032
-
Delivery Partners
86,642
-
Safeguarding
18,502
-
Staff Training and Recruitment
37,237
-
688,218
56,650
4.
SUPPORT COSTS
Governance
Management
costs
£
£
Other resources expended
-
56,690
Staff Costs
56,650
-
56,650
56,690
5.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Year Ended
31.3.25
£
Depreciation - owned assets
4,549
Deficit on disposal of fixed assets
-
6.
AUDITORS' REMUNERATION
Year Ended
31.3.25
£
Fees payable to the charity's auditors and their associates for the audit of the
charity's financial statements
-		 Totals
£
41,842
288
467,369
47,530
8,426
37,032
86,642
18,502
37,237
744,868
Totals
£
56,690
56,650
113,340
Period
1.1.23
to
31.3.24
£
2,829
103
Period
1.1.23
to
31.3.24
£
5,940

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the period ended 31 March 2024.

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THE EPIC RESTART FOUNDATION

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2025

7. TRUSTEES' REMUNERATION AND BENEFITS - continued

Trustees' expenses

Trustee expenses amounted to £492 for the period ended 31 March 2025 (£339 : 2024).

8. STAFF COSTS

Year Ended
31.3.25
£
Wages and salaries
426,659
Social security costs
33,815
Other pension costs
6,895
467,369		 Period
1.1.23
to
31.3.24
£
237,590
20,230
5,075
262,895

The average monthly number of employees during the year was as follows:

Period
1.1.23
Year Ended to
31.3.25 31.3.24
Admin & support staff 10 5

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

Year Ended
31.3.25
£60,001 - £70,000
-
9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
fund
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,362,691
528,063
EXPENDITURE ON
Charitable activities
Programme Venues
-
53,607
Evaluation
-
14,679
Staff Costs
55,395
208,691
Programme Travel
-
32,528
Programme Equipment
-
6,647
Delivery Partners
-
78,973
Fundraising and Marketing
-
52,806
Safeguarding
-
9,618
Staff Training and Recruitment
-
4,232
Other
2,829
62,405
Total
58,224
524,186
NET INCOME
1,304,467
3,877
Transfers between funds
7,437
(7,437)
Net movement in funds
1,311,904
(3,560)		 Period
1.1.23
to
31.3.24
1
Total
funds
£
1,890,754
53,607
14,679
264,086
32,528
6,647
78,973
52,806
9,618
4,232
65,234
582,410
1,308,344
-
1,308,344

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THE EPIC RESTART FOUNDATION

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2025

9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
£
RECONCILIATION OF FUNDS
Total funds brought forward
37,548
TOTAL FUNDS CARRIED FORWARD
1,349,452
10.
TANGIBLE FIXED ASSETS
COST
At 1 April 2024
Additions
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Other creditors
Accruals and deferred income		 9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
£
RECONCILIATION OF FUNDS
Total funds brought forward
37,548
TOTAL FUNDS CARRIED FORWARD
1,349,452
10.
TANGIBLE FIXED ASSETS
COST
At 1 April 2024
Additions
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Other creditors
Accruals and deferred income
Restricted
fund
£
3,560
-
31.3.25
£
25,000
35,664
35,302
95,966
31.3.25
£
2,722
17,087
-
19,809		 Total
funds
£
41,108
1,349,452
Computer
equipment
£
6,789
19,225
26,014
3,885
4,549
8,434
17,580
2,904
31.3.24
£
164,657
500
23,167
188,324
31.3.24
£
4,810
934
120,000
125,744

Page 14

continued...

Docusign Envelope ID: 74433405-AF02-458D-BE4C-665831C19453Docusign Envelope ID: C7D096A8-50F5-4276-9A73-8FB8634FE1F6

THE EPIC RESTART FOUNDATION

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2025

13. MOVEMENT IN FUNDS

At 1.4.24
£
Unrestricted funds
General fund
1,349,452
Restricted funds
Restricted Funds
-
TOTAL FUNDS
1,349,452
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted Funds
TOTAL FUNDS		 Net
movement
in funds
£
(1,523)
(40,724)
(42,247)
Incoming
resources
£
135,536
665,375
800,911		 Transfers
between
funds
£
(51,056)
51,056
-
Resources
expended
£
(137,059)
(706,099)
(843,158)		 At
31.3.25
£
1,296,873
10,332		 At
31.3.25
£
1,296,873
10,332
1,307,205
Movemen
in funds
£
(1,523
(40,724
(42,247
(42,247

Comparatives for movement in funds

Net Transfers
movement between At
At 1.1.23 in funds funds 31.3.24
£ £ £ £
Unrestricted funds
General fund 37,548 1,304,467 7,437 1,349,452
Restricted funds
Restricted Funds 3,560 3,877 (7,437) -
TOTAL FUNDS 41,108 1,308,344 - 1,349,452
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 1,362,691 (58,224) 1,304,467
Restricted funds
Restricted Funds 528,063 (524,186) 3,877
TOTAL FUNDS 1,890,754 (582,410) 1,308,344

Page 15

continued...

Docusign Envelope ID: 74433405-AF02-458D-BE4C-665831C19453Docusign Envelope ID: C7D096A8-50F5-4276-9A73-8FB8634FE1F6

THE EPIC RESTART FOUNDATION

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2025

14. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

Page 16

Docusign Envelope ID: 74433405-AF02-458D-BE4C-665831C19453Docusign Envelope ID: C7D096A8-50F5-4276-9A73-8FB8634FE1F6

THE EPIC RESTART FOUNDATION

Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 MARCH 2025

Period
1.1.23
Year Ended to
31.3.25 31.3.24
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 135,536 1,362,691
Grants 665,375 528,063
800,911 1,890,754
Total incoming resources 800,911 1,890,754
EXPENDITURE
Charitable activities
Wages 376,835 170,572
Social security 28,090 12,550
Pensions 5,794 3,425
Programme Venues 41,842 53,607
Evaluation 288 14,679
Programme travel 47,530 32,528
Programme equipment 8,426 6,647
Delivery Partners 86,642 78,973
Fundraising and Marketing 37,032 52,806
Staff Training and Recruitment 37,237 5,423
Safeguarding 18,502 9,618
688,218 440,828
Other
Computer Software & Consumable 21,784 12,227
Bank Charges 741 493
Repairs and renewals 81 519
Insurance 1,554 1,667
Postage and stationery 1,058 285
Sundries 11,832 273
Computer equipment 4,550 2,829
Loss on sale of tangible fixed assets - 103
41,600 18,396
Support costs
Management
Wages 49,824 67,018
Social security 5,725 7,680
Pensions 1,101 1,650
56,650 76,348
Governance costs
Auditors' remuneration - 5,940
Accountancy and legal fees 56,690 40,898
56,690 46,838
Total resources expended 843,158 582,410
Net (expenditure)/income (42,247) 1,308,344

This page does not form part of the statutory financial statements

Page 17