COMPANY REGISTRATION NUMBER: CE024691
CHARITY REGISTRATION NUMBER: 1193231
Transforming Choice CIO
Unaudited Financial Statements
31 March 2025
MATTOCKS GRINDLEY
Chartered accountants
18 Mulberry Avenue
Turnstone Business Park
Widnes
Cheshire
WA8 OWN

Transforming Choice CIO
Financial Statements
Year ended 31 March 2025
Page
Trustees, annual report (incorporating the director's report)
Independent examinerfs report to the trustees
Statement of financial a¢tivities (including income and
expenditure account)
Statement of financial position
Statement of cash flows
10
Not8S to the financial statements
11
The followlng pages do not fomi part of the financial statemgnts
Detailed statement of financial activities
22
Notes to the detailed statement of financial activities

Transforming Choice CIO
Trustaos. Annual Report {Incorporating the Director's Report)
Year ended 31 March 2025
The trustees, who are also the directors for the purposes of ¢ompany law, present their report and the
unaudited financial slalemenls of the charity for the year ended 31 March 2025.
R•f8r8nce and admlnl$trailve detalls
Register￿ charfty n•m•
Transforming Choice CIO
Charity reglstrdtlon numb•r
1193231
Company registration numb•r CE024691
Prfnclpal offi¢e and registsrod 30 Aigburth Drive
office
Livetpool
L174JH
The trustees
Dr F H8rgreaves
Sir M Hedley
Mrs N Blundèll
Mr PJ Morri5
Ind$pendent examlner
Giles M8ttocks FCA
18 Mulberry Avenu8
Tumstone Business Park
Widnes
Cheshire
WA8 OVVN

Transforming Choice CIO
Trustees. Annual Report (Incorporating the Dlrector's Report) IconLinu4dJ
Year ended 31 March 2025
Stru¢ture, governanc• and management
Transforniing Choice is an indèpendent Charitable Incorporated Organisalion ICIOI, of which the
charitable objects are outlined below..
FOR THE PUBLIC BENEFIT, TO ADVANCE THE HEALTH OF ADULTS EXPERIENCING ALCOHOL
DEPENDENCY ISSUES THROUGH THE PROVISION OF RESIDENTIAL AND NON-RESIDENTIAL
PROGRAMMES OF SUPPORT AND TO PROVIDE SUPPORT AND ADVICE TO THEIR FAMILIES
Transforrning Choice openèd in 2012 as a Communty Interest Company ICICI, delivering alo)hol detox
and rehabilrtation service5 for people with dependenaes to alcohol and other substances. The,
organisation has grown significantly in this period, and in January 2021 converted 10 8 CIO.
Overall supervision of Transforming Choice is undertaken by the BoaTd of Truslees.. Sir Mark Hedley
{Chairl, Peter Morris rfreasurerl, Or Frank Hargreaves and NwLq Blundell and newly re¢ruiled Ron
Tiem6y. During the reporting period. day to day management of Transfoming Choice is the
responsibility of CEO Frances Molloy and registered manager James Keenan. other members of the
team have taken on more of a rnanagerial role. Throughout this budget year, we have continued work,
lo improve the financial stability of the organisalion, airning lo operate with a minimum unrestricted
reserve balance equating lo three months operating costs.
Appolntment of eharfty trustees
Apart from the first charty Iwslees, every trustee must be appointed for a term of three years by a
re501ulion passad at a property convened meeting of the charity trustees.
In selecb.ng individuals for appointment as chaiity trustees, the Charity trustees musl have ￿93rd lo the
skills, knowledge and experience needed for the 8ffe¢live administration of the CIO.
Infr*miatlon for new charfty tw$tse¥
The charity trustees will rnake available lo each new charity trustee, on Of before his or her first
appointment..
lal a copy of thè alrienl version of this constitution,. and
Ibl a copy of the CIO'S latest Trustees, Annual Report and statement of accounts.

Transforniing Choice CIO
Trustees. Annual Report (Incorporating the Directorfs Report) l¢onllnuedJ
Year ended 31 March 2025
ObJèctlv•$ and a¢tivitie#
Transforrning Choice delivgrs its charitable objects through provision of..
A residential tapered alcohol withdrawal detox and rehabilitation programme
Tran$ilional and long term supported and semi supportèd accommodation
Trauma inf(>rmed information programme, using group and one to one setting delivery method8.
.￿OOSe. _ a community-ba5ed programme of activity offering open ended peer support and a
platform lo develop friendship5 and peer support networks
M5sslon and valu
Transforming Choice was bome out of 8 passion for social justice for those on the fringes of society.
People dealt an unfair hand in life. fvrther perpetuated by inefficient $em￿S and broken systems. Wlth
this in mind, we exist lo do more than simpty prowde a dotox and rehabilitation service. We exist to:
Disrupt the status quo wrfhin serV￿e$ and systems intended for people wllh multiple and complex
needs
To provide fair and meaningful opportunities for people who ara saeking lo change their lives
To pfovide a platform that empowers people to take b8¢k control over their own lives, ènabling them
lo explore past experiences and traumas within a safe environment
To providè the knowledge and ski115 required to underpln emotional wellbeing, enabling
independence and self-reliance
Publlc ben•fft
To advance the health of adults experiencing aleohol dependency issu&$ through the provision of
residential and non-rèsidenli81 programme5 of support, and to provide support and advice to thair
families.
Strateglc report
The following sections for achievements and perfomiance and financial review forrn the strategic report
of the charity.

Transforming Choice CIO
Trustees. Annual Report (Incorporating the Directorfs Roport) Icontsnue
Year ended 31 March 2025
Achièv•mènts and ￿rf0Mlan¢•
During the reporting period 1st April 2024- 31st March 2025
53 people a￿Ssed alctshol detox and rehabilitation services with Transforming ch0￿e 1000
completed the detox period - 34 completed thg 12-week programme and graduated. They were
supported into transrtional 3¢eommodalion wrth Tr8nsforrning Choice, appropriate accornmodation
with other pioviders or reintegrated back into their family units.
27 people who completed the programmè recèived additional support within iransitional
accommodation.
44 people ¢onsislenlly accessed 'iCh005e' actiwties in the community incfuding yoga, meditation, a
range of holistic therapies. football. and numerous trips to plaees of interest across the Northwest.
There are now 100+ members of ichoose in total, with around ham having accessed I￿atment for
their addictions wrth other treatment providers.'ichoos8' is now 75% financially self- supporting and
since August 24 has been 100Vo led by ils members.
24 peopl& completed pear mgntor training anivfy volunteered their lime with the organisalH)n, I
providing support lo new re$ident5 and a150 building their own resilience.
We fomied a partnership with a local building firm, Pènny Lane Builders, who have supported us
with es$enlial buildin9 repalrs as part of their social value conlribulion.
Strengthened partnerships wilh other local and national rèhab providers to maximisg the pathways
for those accessing our services.
During this budget year. we continued loworklowardsthe aims outlined in our'2030 plan,, these include..
Growing our network of p￿ferred move on accommodation providers to prevent us needing to refer
people on from rehab into inadequate or unsuitable housing solutions.
Seeking to launch additional detox and rehab provision within the LNerpool City Region lo rneel
demand for services- consider tsrgel demographics, i.e. increased demand for young people.
Launching and developing ihe ichoose programme lo provide open ended peer support and
programmo of a¢tivty lo promote stability in those in recovery - initially within the Liverpool City
boundary, extonded a￿oSS the Cty Region by 2030.
In 2024125, we were able to accelerate staff learning and developmentwithin the organisation. The t6am
were well prepared, trained and experienced to slap into new positions. ¢tsnlinuing their own
professional developmènt and crèating room for naw recruits. Specifically, this ye8r we have..
Secured funding of £40k from Amazon through The Liverpool City Region Lewy Fund to fund 6 stsff
in advanced apprenticeships in health and social care.
Commissioned 8 psychologist lo carry out quarterty clinical debriets for all team members.
Registered with The Real Livin9 Wage Society to ensure all staff benefrt from a fair Wa￿ for their
role.

Transforniing Choice CIO
Trustse$' Annual Report Ilncorporating the Director's Roport) icontlnuedj
Year onded 31 March 2025
Stsff
In 2024125 Transforming choi￿ had 28 staff members, working the equivalent of19.5 full tsme positions.
13 of our team have overcome addictions to alcohol and other $ubsl8nces and have expefience of the
homeless system. Seven of our staff have been recruited after p)rnpleting the Transforming Choice
detox and rehab programme.
Transfomiing Choice trustees am committed to ensuring that the charity and the pr￿lamme$ rt delivers
are supported by people with lived experiènce. This is pivotal lo the success of the organisalion.
P￿r Mgntors
All graduates of the Transforming Choice detox and rehab programme are invited to undertake peer
mentor training, and to volunteer their time as peer mentors when new groups arrive. Peer mentors are
an essential resour¢e and provide Ihg Staff team with much needed addition81 capacrty. Addilionalty.
undertaking peer rnenlor duties Is a positive actiwly for residents who have graduated from the
programrne, enabling them to continue lo build their own resilience and stability.
At any one tlme. we have between 15 and 25 a¢tSve peer mentors. Peer mentors volunteer most oflheir
lime during the firstlhree lo four weeks of a new programme, overall voluntear peer mentor hours during
this are approximatety 4(k70 hours per week.
Voluntsers
Transforming Choice in addition to peer mentors have r8¢ruiled 3 volunteers lo the tsrganisalion. The
voILrntèer programmè requii&s additionaj skills and hours to support the team 8nd residents. Al
v(>lunteers have been through a rigorous recruitment PrO￿5S that includes fvll enhanced OBS
disclosures. references and all training required on our staff Flexibee portal and 6 monthly supervisions.
Flnan¢lal rèvlgw
Total income for the year was £754,851.
Total expenditure for the year was £815,542, resulting in a deficit for the year of £60.691, which ha5
been in line with trustees. expectations.
Al 31 Mard7 2025 the charitable incorpoTaled organisalion's reseNes stood 81 £238,792. of whlch
£24,445 represented restricted funds.
RSsk manag•m•nt
The trustees have assessed the major risks lowhich the charrtable incorporated organisation is exposed
and are satisfied that systems are in place to manage exposure lo those r*sks.
Reserves policy
It is the aim of the trustees to build reserves lo a minimum of three months operaling cosis and maintain
this at all times.

Transforming Choice CIO
Trustees, Annual Report {Incorporating the Directorfs Report) l¢ontifvutdJ
Year ended 31 March 2025
Plans for future periods
Further lo our achievements, we have also worked on the priorities sel out for the 202&2026 financial
year..
Despite trying lo work with registered providers, we've not been able 10 secure any additional
properties as we'd hoped to in 2021 and outlined in the 2030 plans. We will continue to explore
alternative options.
We havè furthèr built on our r8sarve finances, providing us with additional financial stability of 3
month5 reserve 8$ $lipul8led above.
Developèd and grown the ichoose programme, which now has over 140 memters- half of whom
did not access tre81menl for their add￿tron with Transforming Choice.
Conlinu8d to deliver trauma informed treatment for people struggling with unresofved trauma.
Developed the board reporting and rnember5hip with a newty appointed TTUSlee.
Sumrnary
2024-2025 has been a year of change for Transforrning Choice., whilst al ts'rnes this has felt uncertain,
we have Continued to make positive strides towards growing the charity to enable us to meet growing
dernand for our SerV￿e$. Transfoming Choice hav8 proudty pioneered uniquè approaches to worknng
with trauma and addictions. This work has be￿me increasingly important over the past few years in I
which we have seen an unprecedented increase in alcohol related death5 and demand for alcdhol and
substance services from people battling addictions. We will continue lo grow, test and develop new
iniliabves th81 will allow us lo extend our reach and impact.
The trustees, annual report and Ihe strategic report were approved on .
on behalf ol t
board of trustees by..
and signed
Sirm
edley
Trustee
Mr PJ Mor
Tru51ee

Transforming Choice CIO
Independent Examiner's Report to the Trusteos of Transforniing Choice CIO
Year ended 31 March 2025
I report lo the trustees on my exarninalion of the financial statements of Transforming Choice CIO Clhe,
charity'l for the year ended 31 Mareth 2025.
Respon$lbilitie¥ and ba$1$ of report
As the trustees of the Company land also ils directors lor the purposes of o)mpany lawl you are
responsible for the preparation of the finanrjal statements in accordance with th8 requirements of the
Companies Act 2CKJ6 Ilhe 2006 ACVI.
Having Satisfied myseKlhat the accounts of the company are not reqUI￿d lo be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examin*'on of
the charity's accounts as carried out under section 145 01 thè Charitiès A¢t 2011 I'the 2011 Acl'l. In
carrying out my examination I have lollowed the Directions given by the Charity Commission under
section 1451511bl of the 2011 A¢t.
Ind8pendent examin•rfs statgm8nt
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listèd
in section 145 of the 2011 Act. I confirm that l am qLtalffied to undèrtake the examination be¢avse l am
a mèmber of th& Institute of Chartered Accounlanls in England and Wales IICAEWJ. which is one ofthe
listed bodies.
I have completed my examination. I confirm that no matters have ¢ome to my attention in connection
the examination giving me cause lo believe..
a￿oUntIng records vlerg not kept In ￿SpeCt of the charity as requirèd by section 386 of the
2006 A¢t,' or
the finanual statements do not accord with thosè records., tsr
the financial slalements do not comply wf(h the accounting requirements ot section 396 of the
2006 Act other than any requirement that the accounts giv8 a'true and fairf view whith Is not
a matter considered as part of an independent èxamination., or
Ihe financial state￿￿nts have not been piepared in accordance with thè mèthods an
principles of the Statement of Recommended Practice for accounting ar￿ reporl'ng by
charitiès applicablè to charitias preparing their a¢¢¢unl$ in 8ccoidance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 102).
I have no concerns and have come across no other rnatters in connection with the examination to whi¢h
attention shoul¢J bg drawn in this report in order to enable a proper understanding of the accounts lo be
reached.
Giles Mattocks FCA
Independent Exarniner
18 Mulbeiry Avenue
Tumslone Business Park
Widnes
Cheshire
WA8 OWN
30/412r

Transfomiing Choice CIO
Statement of Financial Activities
Ilncluding incoma and expenditure account)
Year ended 31 March 2025
2025
Restricted
funds Totsl fund¥ Total lund5
2024
unrestr￿ted
funds
Incom• and ondowmonts
Donations and lÈga¢ies
Charitable activitie5
9.034
72Q.817
25.000
34,034
720.817
104,8SO
685,645
Total incom•
729.851
25,000
754,851
790,495
Exp•ndltuY•
Expend*ure on charflable acliwlies
Total •xpendlturo
752,454
63.088
815,542
870,218
752,454
83,088
815,542
870,218
N•t gxp•ndlture •nd n•t mov•ment In
funds
{22,603}
(38,0881
160.6911
179,7231
R•conclllatlon of funds
Total funds brought forward
Total funds carTSed fopward
236,950
62,533
299.483
379,206
214,347
24,445
238.792
299,483
The stslemenl of financial activities Includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The nots8 on pag8$ 11 to 20 form part ofthe¥g finan¢lal statoments.

Transfonning Choice CIO
Statement of Financial Position
31 March 2025
2025
2024
Not•
Flxèd ass•ts
T8ngible fixed assets
12
2,583
58,529
Cuffent a8$ets
Debtors
Cash al bank and in hand
13
1,710
196,556
5,854
746,669
252.523
198,266
Creditors: amounts falllng due wlthSn on¢ y•ar
N•t currnnt assgts
14
22,057
11.569
176,209
240,954
Total ass•ts I&￿ eurr•nt Ilabllltl
238,792
299,483
Net •¥sets
238,792
299.483
Funds ofth• charfty
Restn¢teil funds
Unrestricted fund5
24.445
214.347
62,533
236.950
Total charity funds
16
238,792
299,483
For the year ending 31 Mafch 2025 the charty was enlrtled to exemption from aud*t under secdon 477
of the Cornpanies Act 2006 relating to srnall companies.
Directors, responsibilf(ies'.
The members have not required the Company lo obtain an audf( of its financial statements for the
year in question in accordance with section 476.,
The directors acknowlgdge Iheir responsibililles foru)mplying with the requirements of the Actwith
re$pe¢t lo a¢¢ounling records and the preparation of financial statements.
These financial statements hav8 bèan prèpared in actx)rd#nce with the provisions applicable to
companies subject lo the sm811 Compan￿$, regime.
e financial statements were approved by the board of trustees and 8Uthorised ftsr issue on
and ar& signed on bèhalf of the board
edley
Èe
r PJ Morris
Trustee
The note8 on pages 11 to 20 form part ofth¢s• fintynrlal 5tatsmonts.

Transforming Choice CIO
Statemant of Cash Floy
Year ended 31 March 2025
2025
2024
Cash flows from opernting activiti•s
Net exponditure
160,691)
179.723)
Adjustments for..
Depreciation of tsngible fixed a55els
Accrued expenses
10,628
8,440
6.956
7,027
Changes in..
Trade and other debtors
Trade and other credrtors
4,144
4.048
50,012
19441
116,6721
116.6721
Cash generated from operat4ons
Nel cash used in operating adly￿e$
{35,4311
(35,431)
Cash flows from investing actlvitles
Purchase of tangible assets
Nel cash used in inveslrng activities
114,6821
{14,6821
(59,5081
159,5061
Not decrease in cash and cash èqulval•nts
Ca$h and cash gqulvalants at beginning of y•ar
C¥$h and ¢a$h equivalents at end of year
150,113}
246,669
176,1781
322,847
196,556
248,669
Tho notes on paw 11 to 20 fomi part ofth#s• tlnancial statemenls.
10

Transforming Choice CIO
Notes to the Flnanclal Statements
Year ended 31 March 2025
General infonnation
The charty is a public benefit entity and a charitable incorporated organisation, registered in
England and Wales and a reglstered charity In England and Wales. The address of the registered
office 1$ 30 Aigburth Drive. Liverpool, L17 4JH.
Statemont of compllancè
These financial statements have been prepa￿d in compliance with FRS 102, The Fina￿101
Reporting Standard applicable in the UK and the Republic of Ireland,, the Slalemenl of
Recommended Practice applicable lo charrties preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities
SORP IFRS 102)) and the Companies Act 2006.
Accounting policies
Cash and cash equlvalents
Cash and ￿$h equivalents indude cash in hand, deposits held at call with banks, other short-term
liquid investments with original maturities of three months or less, and bank overdrafts.
Basls of preparation
The financial stslements have been prepared on the historical cost basts. as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial ststements are prepared in Sterling, which is the functional currency of the enlty.
Basic financlal as8•ls
Basic financial assets. which include debtors and cash and bank balances, are initially measured
al transaction price including transaction costs and are subsequently carried al amortised cost
uslng the effective interest method unless the arrangement conslitules a financing transaction,
where the transaction is measured at the present value of the futu￿ receipt5 discounted at a
market rate of interest. Financk41 assets classified as receivable within one year are not amortised.
Golng conGom
Ai the time of approving the accounts, the trustees have a reasonable expectation that the
Charilable Incorporated Organisalion has adequate resources to continue in operational existence
for the foreseeable future. The trustees are confident that the levels of liquidity and free reserves
will not affect the Charitable Incorporated Organisalron operations. Thus, the trustees ¢ontinue to
adopt the going concern basis.
Basic financlal IlabllitiOS
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction
price unless the arrangement conslilutes a financing transaction. Ytheffj the debt instrument 1$
measured at the present value of the future receipts discounted al a market rate of interest.
Financial Ilabilities dassrfied as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised ¢ost, using the effective interest rate
method.
11

Transforming Choice CIO
Notss to the Financial Statèmènts {￿nI￿n￿o￿)
Year ended 31 March 2025
Accounting policie¥ l¢ontlnu•d)
Derecognition of flnancial liabilities
Financial liabilities are derecognised when the charity's contractual obllgatlons expire or are
discharged or cancg11gd.
Judg¢m•nts and koy sources of estimation unc•rtainty
In the application of the charity's accounting policies, the trustees are required to make
judgements, ests'mates and a55umplions about the carying amount of assets and liabili1￿S that
are not readily apparent from other sources. the estimates and associated assumptions 8re based
on historical experience and other factors that are considered to be relevant. Actual resutts May
dlffei from these estimates.
The estimates and underlying assurnplions are reviewed on an on-going basis. Revisions to
8c¢ounting estimates are recognised in the period in which the estimate 1$ revised where the.
revision affects onty that period. or in the period of the revision and fulufe periods where the
revision affe¢l$ both currenl and fuluTe periods.
All èxpenditure is accounted for on an accruals basis. All expenses, induding support costs and
goveman¢e costs. are allocated or apportioned to the applicable expenditure headings in the
Stalernenl of Financial Activibes. Supwrt and govemance costs are applied lo unreslricled funds
unless specifically included in the restrictions, as specified by the donor.
Cost of th8rilablè activities relate lo the 0￿ration of the charity comprising ijirect charitable
expenditure lo meet the objeclives of Ihe charity. Support and governance costs relate lo the
managernenl and oper8tion of the organisalion and also compliance wrth constitutional and
statutory requirements in producing the annual report. These are dealt with in the Statement of
Fin8n¢ial Activtbes when payment has bèèn approved by the charity.
Income tax
Income and gains are exempl from tsxatlon as they are received applied for charitable purposes
only. The Charitable Incorporaled Organi5alion b&nefits from vario¢Js exemptions from taxation
afforded by tax legislation and is not liable lo corporation tax on income or gains falling within those
exemptions. The Charf(able Incorporated Organisation is not able lo recover Value Added Tax.
Expendilurg is recorded in Ihe accounts inclusive of VAT.
Fund accounting
Unrestricted fvnds are the Charitable Incorporated Organisation's free reserves available for the
trustees lo appty in 8¢cordance wrth the charitable objects.
Reslii¢ted funds are subject lo spe¢ifi¢ restn'¢tive conditions imposed by the donor. All restricted.
funds are aeeounted for as restricted income. and expenditure for the purptsses is Charged to the
fijnd.
12

Transformlng Cholce CIO
Notes to tho Flnanclal Statements l¢onfinuedJ
Year ended 31 March 2025
Accountlng pollcles icontlnueoy
Incoming resources
All in¢ome is rècognised once thè Charitablè Incorpor*ed Organisalion has enlitlemenl lo the
income, there is sufficient certainty of receipt and so rt is probable that the incorne will be received,
and the amount of income can be measured reliabty.
Donations and legacies comprise donations which are recognised in the accounts when received,
with the exception of known legacies which are accounted for whèn thèir receipt is certain.
Income from charitable ath"vities is recogni5ed on an accruals basis, except for grants receivable,
which are recognised on the date on which their unconditional payment is confirrned by the donor.
Resourc￿ expended
Liabilities arg recognisad as soon as thera is a legal or constructive obligation commith'ng Ihg
Charitablè Incorporated Organrsation to that expènditure, il is probablè that settlemènt will be
required, and the amount of the obligation be measured reliabty.
All oxpenditure 1$ accountèd for an an accruals basis. All expenses, Snduding support costs and
goveinance ¢ost$, are allo¢ated or apportioned to the applicable expendituro hèadings in the
stalernenl of Financial A¢tivitres. Support and govem8nce costs are applied lo unresliicted funds
unless specifically included in the restrictions, a5 speciffied by the donor.
Expènditure on chartt8ble actiV￿e$ ￿l￿e lo the operatlon of the charity comprlsing direct
charitable expenditure lo meet the objective of the Charitable Incorporated Organisalion. Support
and governance costs relate to the management and operation of the Organisation and also
compliance with constitutional and statutory requirements in producing the annual report. These
are deart wrth in the Slalemenl of Financial A¢tivthes when payment has been approved by the
charity.
Tanglblè asséts
Tangible assets are initially recorded al cost, and subsequently stated at CO81 less any accurnulaled
depreciation and irnpaimient losses. Any tangible a55els carried al revalued amounts are recorded
at the fair value at the date of revaluation less any subsequent accuMu￿ted depreciation and
subsequent accumulaled impaimient losses.
Depreciation
Capital expenditure of £200 and above 15 Irealed as a ffxed asset and depreciation is calculated
so as to write off the cost or valuatson of an asset, less ils residual value, over the uselul economic
life of that asset as follows-.
Freehold property
Fixtures and fitlings
Equipment
15% stralght Ilne
250A slraighl line
25°A straight line
13

Transforming Choice CIO
Notes to the Flnanclal Statements {¢onthued)
Year ended 31 March 2025
Accounting policies l¢ontlnuedJ
Impoimi•nt of fix•d ass•t8
A review for indicator5 of impaimieAt is c4rrTed out al e8¢h reporting date, with the recoverable
8mount being estimated where such indicators exist. Where the carrying value eyeeeds the
recoverable amount, the asset is impaired accordingly. Prior impairnienls are also reviewed for
possible reversal al each reporting date.
For the purposes of impaimient testing, when rt is not possible to estimate the recoverable amount
of an ndividual asset. an e$timate is made of the recoverable amount of the cash-generating unit
lo which the asset belongs. The c8sh-generatiny unit is the smallest identifiable group of assets
Ihat includes the asset and generates cash inllows that largely independent of the cash inflows
from olhar assets or groups of assets.
For irnpairmenl le51ing of goodwill, the goodwill acquired in a business combination is, from the,
acquisition date, allocated lo each of the c8sh-generaling units that are expoded to benefrt from,,
the synergies of Ihg combination. irrespeclive of whether other assets or liabilities of tho charity
are assuned to those units.
Flnanclal Instruments
The charity has elected to appty the promsions of Section 11 'Basic Financial Instwmenls. and
Section 12 '0ther Financial In51rumènls Issues, of FRS 102 to all of ts financial instrumenls.
Financial instruments ar9 recognised in the charty's balance sheet when the charity becomes
party lo the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amount5 presented in the finan¢ial
Slalernenls. when there is a legalty enforceable right to set off the recognised amounts and Ihefe
is an inlention to settle on a nat basis or to realise the asset and settle the liabilty simultsneously.
D8flngd contribution plans
Contributions lo defined contribution plans arg re¢ognised as an expense in the period in which
the related service is provided. Prepaid contributions are recognised as an asset to the extent that
the prepaymant will lead to a reduction in future payments or a cash refund.
When contributions are not expected to ba sèttlèd wholly wtthin 12 monlhs of the end of the
reporting date in which the employee5 render the related seN¢e. the liabilty is measured on
discounted pr6sent value basis. The unwinding of the di5cx)unl Is recognistsd as an expense in the
period in which il arises.
Dona￿0￿5 and l•gacies
Unrestricted
Fund$
Restricted Total Funds
Funds
2025
Donations
Donations
9,034
9,034
14

Transforming Choice CIO
Notes to the Financial Statomonts Icontsnueo)
Year énded 31 March 2025
Donations and legacle8 l¢onthu•d)
Uniostricted
Funds
RgStri¢led Total Fundts
Funds
2025
Grants
Garfeld Weston Foundation
National Lottery Fund- Rèaching Communit*5
Steve Morgan Foundation (Garden)
25.OlJO
25,000
9,034
25,OOD
34,034
Unrestrict9d
Funds
R&slri¢ted Total Funds
Funds
2024
Donations
Donations
5,350
5,350
Grnnts
Garfield Weston Foundation
National Lottery Fund- Reaching Communities
Steve Morgan Foundation (Garden)
84.OCM)
15.5
84,000
15,500
5.350
99,500
104,850
Charitsble activities
Unrestricted Total Funds Unrestrided Total Funds
Funds
2025
Funds
2024
C8re income
Service and contract income
Rent
Student placements
62,295
322,518
334.884
1,120
62.295
322,518
334,884
1,120
46,886
322,510
313,449
2.800
46,886
322,510
313.449
2,800
720,817
720,817
685,645
685,645
15

Transforming Choice CIO
Notes to the Financial Statements (cL￿￿U¥d)
Year ended 31 March 2025
Exp•ndlture on ¢horitabJe activities by fund typ•
Unrèstricted Restricted Total Funds
Funds
Funds
2025
Direct chafltable activities
Suppyjrt costs
748,044
4.410
63,088
811.132
4,410
752,454
63,088
815,542
Unrestricted Resliicted Total Funds
Funds
Funds
2024
Direct charitable activities
Support costs
783,803
3,540
82,875
866,678
3,540
787.343
82,875
870,218
Expenditure on charFtable actlvltles by activty type
Activities
undertaken
directly
Support Total lund$
costs
2025
Total fund
2024
DI￿¢t charitable acliwties
GoveTnance costs
811,132
811,132
4,410
866,678
3.540
4,410
811,132
4,410
815,542
870,218
Not gxpgnditur•
Net expenditure is slatèd after chargingllcredilingl..
2025
2024
Depreciation of tsngible fixed assets
10,628
6,956
Indep•nd•nt èxamlnatFon fg
2025
2024
Fees payable to the independent examiner for..
Independent examination of thè financial 51alernents
1,250
1,250
16

Transforming Choice CIO
Notes to the Flnanclal Statements (Conllnuedj
Year ended 31 March 2025
10. Staff costs
The lotsl staff ¢osts and employee benefiis for th8 reporting period are analysed as follows-.
202S
2024
Wages and salaries
Social security costs
Employer contributions to penS￿n plans
521,320
39,432
10.191
577,528
41,808
10.726
570,943
630.C62
The average head count of employeès during the year was 2812024.. 381. Th9 average number of
full-time equivalent employees during Ihe year is analysed as follows..
2025
No.
2024
No.
Number of staff
2Q
20
The number of employee8 whose remuneration lor the year fell wrthin the following bands, wère".
2026
2024
No.
No.
£60,000 10 £89,999
11. Trustee remuneratlon and exp8ns•s
No remuneration or other beneffts from ernployment with the charity or a related entity wer8
received by the trustees.
12. Tanylbl• ffx•d a¥$•ts
Freehold Fixtures and
propety
fittings
Equipment
Total
Cost
Al 1 April 2024
Additions
59.506
11,538
71.044
14.682
14,682
At 31 March 2026
59,5C6
11,538
14,682
85,726
Deprèclatlon
At 1 April 2024
Charge for the year
At 31 March 2025
3,967
3,967
8.548
2.990
12,5lS
10,628
3,871
7.934
11.538
3,671
23,143
Carrying amount
At 31 March 2025
51.572
11,011
62.583
At 31 March 2024
55,539
2,990
58.529
13. Debtorn
2025
2024
Trade dèbtors
1,710
5,854
17

Transfomiing Choice CIO
Notès to thè Financial Statsments (conllnuedj
Year ended 31 March 2025
14. Crnditoys: amounts falllng duè wlthln on• ￿ar
2026
2024
Trade crèditors
Accruals and deferred income
4,575
17,482
527
11,042
22,057
11,569
IS. Panslons and othor post rgtirnm8nt benefits
Oefined contribution plans
The amount recogni5ed in incorne or expenditure as an exFense in relation lo defined contribution
plans was £10,191 12024.. £10,726}.
16. Analysls of charitsble lunds
Unre¥trf¢t¢d fund$
At
1 April 2024
At 31 March
202S
Income Expenditure
un￿$trI￿&d funds- General funds
236,950
729.851
1752,454)
214,347
Al
1 April 2023
At 31 March
2024
Income Expenditure
Unrestricted fund$- General lunds
333,298
690,995
1787,3431
236,950
Rèstrlet•d funds
Al
1 April 2024
At 31 March
2025
Income Expenditure
Restricted Funds
62,533
25,000
163,0881
24,445
Al
1 April 2023
Al 31 March
2024
Income Expenditure
Restrictèd Funds
45,908
99,500
182,875}
62,533
18

Transforniing Choice CIO
Notes to the Flnanclal Statements (¢onUnu
Year ended 31 March 2025
16. Analysis of charitsble fund$ l¢ontlnuedJ
These are monies gNen to the charitable incorporated organisation to bè spent at the discretion of
the Board of Trustees for specrfic charttable purposes. as follows.. Garfield We¥ton Foundation
Contribution towards core c£Jsts
Nallonal Lottery Fund. ReachSng Communlties Contribution towards staff salary cnsts and core
costs
stèvo Morgan Foundation {Gardenl Contribution towards the garden project.
17. Analysis of net a¥sets betw¢en fvnd$
Unreslrscted
Funds
Restricted Total Funds
Funds
2025
Tangible fixed assets
Current assets
Creditors less than 1 year
Ntrt as$•ts
38,138
198.266
(22.0571
214.347
24,445
62,583
198,266
122,05n
238,792
24,445
Unro$lrided
Funds
R&str￿ted Total Funds
Funds
2024
Tangible fixed a$$ets
Current assets
Creditors less than 1 year
Not assets
42,108
20S.411
(11,569}
236,950
16,421
46,112
58.529
252.523
111,5691
299,483
62,533
18. Financial in$trum•nts
The charity has elected to apply the provisions of se¢t1￿ 11 'Ba$i¢ Financial Instruments. and
Section 12'0theT Financial Instruments Issues. of FRS 102 to all of its finan¢ial instwmenls.
Financial instruments are recognised in the charitys balance shget when the charity becornes
party to Ihg contractual provisions of the inslrurnenl.
Financial liabilitie5 are derecognised when the charitys contradual obligatsons expire or are
discharged or cancelled.
19. Analysls of chang•8 In n•t d•bt
At
Al 1 Apr 2024 Cash flows 31 M•r 2025
Cash at bank and in hand
246.669
150,113)
196.556
19

Transforming Choice CIO
Notes to thè Financial Statements (cortlinuettl
Year ended 31 March 2025
20. Othèr flnaneial ¢ommitments
The Charitable IncorrK)rated Organisation held a lease dated 2017 for five years at a premis8S
owned by Liverpool City Council, under the tèrms of which an annual peppercorn rent could be
demanded. The charitable incorporatèd organisalion is currently in negth'alion with Liverpool City
Council regarding the lease agreement.
21. R*l*ted partles
Dr F H8rg￿aVes, a Iru51ee. was paid £1,600 for clinical support on a Se￿￿Mployed basis during
the year lo 31 March 2025.
20

Transforming Choice CIO
Managoment Infomiation
Year ènded 31 March 202S
The followlng pagos do not fomi part of the financlal $tstom•nts.
21

Transforming Choice CIO
D6tailed Statement of Flnancial Activities
Year ended 31 March 2025
2025
2024
In¢om• and endowménts
Donation$ and legaci¢$
Donations
Garfield Weston Foundation
National Lottery Fund- Reaching Communities
Steve Morgan Foundation (Garden)
9.034
25,000
5,350
84,000
15,50Q
34,034
104.850
Charitable activiti
Care In¢ome
se￿7￿ and Contract income
Rent
Sludenl placements
62,295
322.518
334,884
1,120
46.886
322,510
313.449
2,800
720,817
68S,645
Totsl Income
754,851
790,495
22

Transforming Choice CIO
Detailod Statemont of Financlal Activltlos Iconllnuedl
Year ended 31 March 2025
2025
2024
Expenditure
Expenditure on ¢haritable actlvities
Wages and salarie$
Employerfs NIC
Pension costs
Rent
Rates and water
Light and heat
Repairs and maintenance
Insurance
Other rnolorAravel costs
Legal and professional fees
Telephone
Depre¢iation
Activities
Clinical support
Health and safety
Cleaning
Computer support
Food and drink
Stationery and posiage
Volunteer expenses
TV Licence and Neffiix
Consultancy fees
Dnjg testing kits
DBS feés
Subscriptions
Pest control
Training
Bank charges
Advertising and marketing
Unrecoverablè debt
521,320
39,432
10.191
2,432
6,376
38,468
30.825
20.449
5.241
23,996
3,153
10,628
5,084
6.958
1,642
3,294
11,753
21,344
2,041
1,761
170
577,528
41,808
10,726
4,149
5,951
56,569
24,653
16,494
4,083
13,082
2,977
6.956
8.364
1,862
2,643
2,160
10.533
19,603
1,662
5,852
191
14,820
2,552
805
10,195
504
3,094
1,231
1,471
17,500
870.218
5,702
600
12,050
720
9,110
530
8.451
815.542
Total •xpenditur•
815.542
870.218
Net exp•ndlturn
160.8911
179,7231
23

Transforming Cholce CIO
Notes to the Detailod Ststsmont of Financial A¢tivitie8
Year ended 31 March 2025
2025
2024
Expendlture on charitsbl¢ actlvitles
Dirnct charitabl• activities
Activitiès undertakert directly
Staff wages
Employers NIC
Pension
Room hire
Rate5 and water
Light and he*
Repairs and maintenance
Insurance
Motor and travel c051s
Professional fees
Telephone and inlémet
Depreuation
Activities
Clinical support
Health and safely
Cleaning
Computer support
Food and drink
Stationery and postage
Volunteer expenses
TV Licen¢9 and Nefflix
Consultancy fees
Drug testiro ktts
DBS faes
Subscriptions
Pest control
Training
Bank charges
Advertising and mark$ting
Unrecoverable debt
521,320
39,432
10,191
2,432
6,376
38,468
30,825
20,449
5,241
19.586
3,153
10,628
5,084
6,958
1.642
3,294
11.753
21.344
2.041
1,761
170
11.621
5,702
800
12,050
720
9,110
530
8,451
877.528
41.808
10,726
4,149
5,951
56.569
24,653
16,494
4.083
9,542
2,977
6,958
8,364
1,862
2,843
2,160
10.533
19,603
1,662
5,852
191
14.820
2,552
805
10.195
504,
3.094
1.231
1,471
17,SCKI
811,132
866,678
Governan¢• costs
Accountancy fees
4,410
3,540
Expenditure on charitabl• activibès
815,542
870,218
24