Draft Financial Statements at 31 December 2025 at 10:12:24
NOT A PHASE
Charity No. 1193381
Company No.CE024801
Trustees' Report and Unauditated Accounts
30 June 2025
Draft Financial Statements at 31 December 2025 at 10:12:24 NOT A PHASE
CONTENTS
| Page | |
|---|---|
| Trustees' Annual Report | 1 |
| Independent Examiner's Report | 2 |
| Balance sheet | 3 |
| Statement of financial activities | 4 to 6 |
| Notes to financial statements | 7 to 11 |
Draft Financial Statements at 31 December 2025 at 10:12:24
NOT A PHASE
REPORT
FOR THE YEAR ENDED 30 JUNE 2025
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 30 June 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. CE024801
Charity No. 1193381
Registered Office
11 High Street Margate CT9 1DL
Directors and Trustees The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
Dee Humphreys Hayden Millar Antonia Belcher Dr Jack Lopez Glyn Fussell Danielle Anson-Jones Alix Anson-Jones
Accountant
NGL Accounting Ltd Red Tree Magenta 270 Glasgow Rd G73 1UZ
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
DANIELLE ANSON-JONES Trustee 30 June 2025.
- 1 -
Draft Financial Statements at 31 December 2025 at 10:12:24
NOT A PHASE
INDEPENDENT EXAMINER'S REPORT
TO THE OF NOT A PHASE
I report to the on my examination of the financial statements of Not a Phase (the ) for the year ended 30 June 2025.
Responsibilities and basis of report
As the of the you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section145(5)(b) of the Charities Act 2011.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of ACCA, which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
1 accounting records were not kept in respect of the as required by section 130 of the Charities Act 2011.
-
2 the financial statements do not accord with those records; or
-
3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Katie Docherty NGL London Ltd 3401 Bagshaw Building 1 Wards Place, Canary Wharf, London, England, E14 9DY
27 March 2026
- 2 -
Draft Financial Statements at 31 December 2025 at 10:12:24
NOT A PHASE
BALANCE SHEET
AS AT 30 JUNE 2025
| Notes Fixed assets Intangible assets 5 Tangible assets 6 Current assets Debtors 7 Creditors: amounts falling due within one year 8 Net current assets Total assets less current liabilities The funds of the Restricted income funds 10 Unrestricted funds 11 |
2025 £ 280,638 (1,831) |
£ 9,470 1,716 11,186 278,807 289,993 58,920 231,073 289,993 |
2024 £ 221,028 (5,619) |
£ 10,028 612 |
|---|---|---|---|---|
| 10,640 215,409 |
||||
| 226,049 | ||||
| 65,364 160,685 |
||||
| 226,049 |
The financial statements were approved by the on 27 March 2026
Ms Danielle Anson-Jones
Mr Glyn Fussell
- 3 -
Draft Financial Statements at 31 December 2025 at 10:12:24
NOT A PHASE
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income from: Charitable activities 1 457,779 32,500 Total income 457,779 32,500 Expenditure on: Charitable activities 2 387,391 38,944 Total expenditure 387,391 38,944 Net income/(expenditure) and movement in funds 70,388 (6,444) Reconciliation of funds: Fund balances at 1 July 2024 160,685 65,364 Fund balances at 30 June 2025 231,073 58,920 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 490,279 354,733 132,241 490,279 354,733 132,241 426,335 231,087 66,877 426,335 231,087 66,877 63,944 123,646 65,364 226,049 37,039 - 289,993 160,685 65,364 |
Total 2024 £ 486,974 |
|---|---|---|
| 486,974 297,964 |
||
| 297,964 | ||
| 189,010 37,039 |
||
| 226,049 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
- 4 -
Draft Financial Statements at 31 December 2025 at 10:12:24
NOT A PHASE
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2025
1 Income from charitable activities
| UnrestrictedResestricted 2025 2025 £ £ Sale of goods 121,506 - Other income 336,273 32,500 457,779 32,500 Analysis by fund Unrestricted funds 457,779 - Restricted funds - 32,500 457,779 32,500 |
Total UnrestrictedResestricted 2025 2024 2024 £ £ £ 121,506 43,325 - 368,773 311,408 132,241 490,279 354,733 132,241 859,052 354,733 - 32,500 - 132,241 891,552 354,733 132,241 |
Total 2024 £ 43,325 443,649 |
|---|---|---|
| 486,974 | ||
| 354,733 132,241 |
||
| 486,974 |
- 5 -
Draft Financial Statements at 31 December 2025 at 10:12:24
NOT A PHASE
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2025
2 Expenditure on charitable activities
| Direct costs Staff costs Depreciation and impairment UF - Accountancy UF - Consultancy / Legal Fees UF - Light, Power, Heating UF - IT Software and Consumables UF - Travel UF - Professional Fees RF - Professional Fees UF - Insurance RF - Rent UF - Rent UF - Advertising UF - Donation RF - Event UF - Other Office Expenses UF - Direct Expense Other charitable expenditure Analysis by fund Unrestricted funds Restricted funds |
2025 £ 183,268 816 26,003 20,850 420 2,325 8,733 53,919 5,310 4,703 3,534 32,065 3,759 30,683 30,100 4,848 4,224 10,775 426,335 387,391 38,944 426,335 |
2024 £ 125,254 591 13,087 20,920 - 1,076 12,502 - 48,019 983 18,858 - 11,132 3,794 25,725 5,968 2,978 7,077 |
|---|---|---|
| 297,964 | ||
| 231,087 66,877 |
||
| 297,964 |
- 6 -
Draft Financial Statements at 31 December 2025 at 10:12:24
NOT A PHASE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
3 Accounting policies
3.1 Accounting convention
The financial statements have been prepared in accordance with the 's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The is a Public Benefit Entity as defined by FRS 102.
3.2 Going concern
At the time of approving the financial statements, the have a reasonable expectation that the has adequate resources to continue in operational existence for the foreseeable future. Thus the continue to adopt the going concern basis of accounting in preparing the financial statements.
Fund Accounting
Unrestricted funds are available for use at the descretion of the trustees to further any of charity's purposes.
Restricted funds are funds that can only be used for particular restricted purposes within the charity's objectives. Funds are restricted when thier purpose is specified by the donor or by the terms of an appeal or where they are raised for a particular purpose or project.
3.3 Income
All income is included in the statement of financial activites when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
Legacy income is recognised when receipt is probable and entitlement is established.
Interest on funds held on deposit is included when the amount receivable can be measured reliably by the charity.
3.4 Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which is relates:
Expenditure on raising funds includes the costs of all fundraising activities and events.
Expenditure on charitable activities includes all costs incurred by the charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
3.5 Intangible fixed assets other than goodwill
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.
- 7 -
Draft Financial Statements at 31 December 2025 at 10:12:24
NOT A PHASE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
3 Accounting policies
(Continued)
Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Software
Over 20 Years
3.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings 20% SLM Computers 20% SLM
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
3.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
- 8 -
Draft Financial Statements at 31 December 2025 at 10:12:24
NOT A PHASE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
4 Employees
The average monthly number of employees during the year was:
| Total Employment costs Wages and salaries Social security costs Other pension costs |
2025 Number 6 2025 £ 167,126 12,168 3,974 183,268 |
2024 Number 4 |
|---|---|---|
| 2024 £ 116,521 5,861 2,872 |
||
| 125,254 |
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel
The remuneration of key management personnel was as follows:
5 Intangible fixed assets
| Cost At 1 July 2024 and 30 June 2025 Amortisation and impairment At 1 July 2024 Amortisation charged for the year At 30 June 2025 Carrying amount At 30 June 2025 At 30 June 2024 |
Software £ 11,173 |
|---|---|
| 1,144 559 |
|
| 1,703 | |
| 9,470 | |
| 10,028 |
- 9 -
Draft Financial Statements at 31 December 2025 at 10:12:24
NOT A PHASE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
| 6 Tangible fixed assets Fixtures and fittings £ Cost At 1 July 2024 375 Additions 1,204 At 30 June 2025 1,579 Depreciation and impairment At 1 July 2024 19 Depreciation charged in the year 196 At 30 June 2025 215 Carrying amount At 30 June 2025 1,364 At 30 June 2024 356 7 Debtors Amounts falling due within one year: Trade debtors Other debtors Prepayments and accrued income 8 Creditors: amounts falling due within one year Other taxation and social security Trade creditors Other creditors 9 Retirement benefit schemes Defined contribution schemes Charge to profit or loss in respect of defined contribution schemes |
Computers £ 269 158 427 13 62 75 352 256 2025 £ 266,938 12,561 1,139 280,638 2025 £ - 1,831 - 1,831 2025 £ 3,974 |
Total £ 644 1,362 2,006 32 258 290 1,716 612 2024 £ 205,616 15,412 - 221,028 2024 £ (722) 6,167 174 5,619 2024 £ 2,872 |
|---|---|---|
- 10 -
Draft Financial Statements at 31 December 2025 at 10:12:24
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
NOT A PHASE
9 Retirement benefit schemes
(Continued)
The operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the in an independently administered fund.
10 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At 1 July 2024 Incoming resources Resources expended At £ £ £ 65,364 32,500 (38,944) Previous year: At 1 July 2023 Incoming resources Resources expended At £ £ £ - 132,241 (66,877) |
30 June 2025 £ 58,920 30 June 2024 £ 65,364 |
|---|---|
11 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 July 2024 Incoming resources Resources expended At £ £ £ General funds 160,685 457,779 (387,391) Previous year: At 1 July 2023 Incoming resources Resources expended At £ £ £ General funds 37,039 354,733 (231,087) |
30 June 2025 £ 231,073 30 June 2024 £ 160,685 |
|---|---|
- 11 -