ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR YEAR ENDED 31ST MARCH 2025 OPEN ARMS TRUST (Charitable Incorporated Organisation) CHARITY REGISTRATION No: 1194220 Castle View AthIn" Ltd Grouryj Fknr Office5 53 HKJh Street ArurKlel West Swx BN18 9AJ
OPEN ARMS TRUST Icharitsble Incorporat Org8nisati¢)nl CONTENTS Pages 3 to 4 Tru5tees' Rewrt Page 5 Ststsment 0fr1 Actfvtt Page 6 Sheet P8ges7to11 Notes 10 F¥orrial Stalernènls
OPEN ARMS TRUST Icharitsble Incorporat Org8nisati¢)nl TRUSTEES REPORT FOR THEYEAR ENDED 31ST MARCH 2025 LEGAL ANO ADMINISTRATIVE INFORMATION CHAFITY NUMBER 1194220 DATE OF REGISTRATION 261h April 2021 START OF FINANCIAL YEAR 1$1 April 2024 END OF FINANCIAL YEAR 31s¢ March 2025 TRUSTEES AS AT 31ST MARCH 2025 r Asif Patel Mr RaL8 Pal Mr Ahrned Patel LEGAL STATUS charItsb Irwxa18d lknnlsat GOVERNING INSTRUMENT CIO- Frlat)n Registorod 26th Apn'l 2021 OBJECTS To act as 8 resource for yourg Fec up to age of 25 In the UK ty yo¥klirg 8(l¥Ace and ass1sts 8nd organlslng programff$ of phystal educalw ancl other aclivrfs a$ a mean$ of.. al Adva1ng In life and helplro yourg people by ¢ev8bpiro their $kills, pa¢$ an¢1 capatNliI to enab tM to p8rti¢ip8te in society 86 inclependent, mature and SponsIe in(Jivi¢uals. bl A(JvanciThJ e(JwlKJn. ¢1 ProvKJirB re¢at and leisure time o¢cupation ancl isure Ilme a¢tlvily In the Inte91 of so¢kg1 wemare for r liviThJ n Ihe area of trefft who have need by reason of thelr youth who expgrierKe poverty or KKial and ecorKJmi¢ ¢ir¢umstsrw wrth a vw lo improvir¥a the condrtion$ of life of such p8r8ons. dl The rel1 of those In need by reason of youth, age. ilkheatth. disabilty, fina1 hardship or other di$advanlage anywh8re in the Workfj, In partvJLqr thoge 8ffe¢led 1( nalural dtsa$ter, farnire aryl environrnental crl$l$ through the provisKJn of grant fundiThJ lo cover the costs of essentk81 items sh as frAxJ. cbthlTra. and other such facllhle8 required In th8 interest of rel1r0 need. PRIMARY BANKERS AiJ8dutely No Ncmen8e A(knln Ltd Bru1 Hou8e 2 Fitza Road Cardrff CF24 (8 CORRESPONDENCE ADORESS 74-80 Derby Road LiverpLKI L20 1AD ACCOUNTANTS CastleViv* Acc1n. Ltd 53 HwJh Street ArurKlel West Swx BN18 9AJ
OPEN ARMS TRUST Icharitsble Incorporat Org8nisati¢)nl TRUSTEES REPORT {Contlnuèdl FOR THE YEAR ENDED 31ST MARCH 2025 Trusts05' Res51b11ltl05 The trustees are reswsiiqe for weparitwJ the Rey)rt of Ihe TteeS at¥J the financial ststements in accordance with applKable law and the Unrted KirYJdom Accounting Stsndards (Unrted .yj0 Generally Accepted Accounting Practi GAAPI. The Law applicable to Charities in aThJ Waks. charit Act 2011. Charity (Accounts afKJ Repts) ReguL4tiOnS and the provisions ol the Governing DoEumpnt requiTes tIE Irustee5 to prepare financral slalements for each financial ytrar which give a trL and lair of stste of affairs ol chanty afftl of inwming resources and application of resources. induding ltr incc¥ne and exrjiture of chairfy for thal rICKj. In KepariNJ t)se financi41 statements, the trustees are require(I to.. Select 8uitsble a¢¢ountiThJ tw appty ttsm ¢orwstenty', Observe the meth8 pri1pS in the Chanty SORP., Mak8iudgements and estimates that are r8ascThb18 and PnKlent: Prepare the financ1 slalements C the CA) Ws unbss N Is inawoprfate to W8sume that the CIO WIU conunue lo operate. The trustees are responslble ts keermng proper acwJnllThJ rwds which with reasonabb accuracy al any tlme the financial pos111 of the charlly arxj lo enable ItM lo ensu Ihal the finats1 stslements comrAy wlth thg CharltK?s Act 2011, the Charbty IAcc(KJnls and Rewrt$l Re9ui8lK)rB ancl the provisKM of the Governir%J Document. Thgy are also responslble safeguarOln9 the assets of charty aTrJ herKe for ts"r reasonable steps for the preventlon and delectbn of fraJ and other Irregularrf68s. Jan 31, 2026 Approvecl by the Trustees on ........................................................................................................................... 14$6426yr Slgned Ihelr thalf by Trustee.......................................-............................................................................. Printed Name.. Asif Patel
OPEN ARMS TRUST Icharitsble Incorporat Org8nisati¢)nl STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025 unreStted Re8trictsd Furk45 TOTAL 202412S TOTAL 2023124 INCOMING RESOURCES Incomlng R¢sour¢os from G¢n•rat•£l Fund$ Donations & Legac5 10.CNJ) 10, 7,500 TOTAL INCOMING RESOURCES RESOURCES EXPENDED Co•tg gf G•neratlng Fund• charItab ActNits'•s 8.450 8,450 7,500 Ggvern?rr Ccffjls 720 680 TOTAL RESOURCES EXPENDED NET INCOMING IIJUTGOINGI RESOURCES 830 830 Total Funds Brought Forward 16601 18601 TOTAL FUNDS CARRIEO FORWARD 170 170 Movem8nt8 on all reserv9$ and al recrJnl8e(I galr¢ and are shown ab)vo. Al of tho organl&albn'$ gp8ratlon$ arg cLqssed as contlnuing. Th8 no185 on pages 7 10 11 form pgrt of th888 dormant firwrKial slatements.
OPEN ARMS TRUST Icharitsble Incorporat Org8nisati¢)nl BALANCE SHEET AS AT 31ST MARCH 2025 UnreStrtel Restrthd Fu Fur¥J5 TOTAL 31.Mar-25 TOTAL 31.Mar-24 Fixed A55ets Tangible A55ets Investments Total FIx8d Assets Curr8nt Assets Debtors & Prepayments Cash at Bank and in HaTr Total Current Assets 890 890 890 Cr•diiori- Amounts falllng wilhln L year 720 720 660 NET CURRENT ASSETS 170 170 16601 TOTAL ASSETS knss currtsnt lbl 170 170 Credltor•: Arnounls falllNJ due In more than one year NET ASSETS 170 170 Fund$ oflh• Charlty General Funds Reslrlcled Funds 170 170 16601 Total Fund• 170 170 Jan31, 2026 Approvecl by the Trustees on ........-....-..................-................................-....-.................................................... SIGned M thelr tfthaK byTrustee..................................................................................................................... Print8d Name.. Asif Patel
OPEN ARMS TRUST Icharitsble Incorporat Org8nisati¢)nl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 1. A¢¢OUNTING POLICIES Ba$1$ of Preporatlon The financ181 statement8 ha¥8 ts8n rwar8d under the historical CAJSt coTr¥entK)n wrth rtems r8ccNJni88d 8t cost or tranSactn Val unless otherwi88 Stated in th8 rek8v8nt mte(sl to these xcounts. The finala1 statements have b88n prepared in accOrdar8 with the Statement of RecommeThJed Practe.. Ac&wnliThJ and Reporting by Charities ISORP 20151 IS8cond Edition, effective 1 January 20191. th8 FinarKial R8PlrtiTrJ Starthrd in th8 UK RepUtlC of Ireland IFRS1021 arKJ the CharitK8s Act 2011. The Chadty meets the ef1nrtn ol a benerrt entity under FRS102. Assets ar¥J Ilabililks are initially recognlsed al historical co$t unbss otherwise ststed in Ihe ielevani ac¢tyJnbNJ poly rw)te Asamet of Golng Conc•rn Preparation of the accounts is on a goiry corKern basi& Tho tsusttès conshlèr that thèrè are no m8terk41 uncertalnt ab)ut the Charity's s.1rtY lo continue a$ a gc4TrJ eoneem. R•ct)gnltltsn of Inctsmlng R•$t)ur¢•s These are Included In the Ststemenl of FInal Ac1$ ISOFAI when.. . the charity be¢ome5 entild lo the resources- . the trus18e5 ar8 Vlrtualty certain they wll rec8iv& lh8 resources,. . the mOtsry value can be measured with sunI reli41y.lty In¢omlng Ro$our¢•$ wtth R•lotodExp•ndltur• Where incoming resources have relaie(J expendilure las luThJr8ffjiwJ cts)tracl irtomel the iwming resource and related expendrture are rewrted gn%$ in Ihe SOFA Grants 4ndDon•tloTrs Grants and Donations are only Ilded in SOFA when thè charity has uneoTrJitional 8nlrtnt to the re#ourc•$. T•x R•cl8lmi on Donatlofts andGIft8 IncomiNJ resources from lax wkims are inckKled in SOFA at same time 8$ the grft to whlch tw relate. ContractU81 Income ondPwforrnonce Rel8tedGronts This is only inclLKled in the SOFA once relaied g(tJs or Serv has been delNered. Gmts In Klnd Glft$ In kirQ are a¢¢ounted for at a 8$Onable estimate of t1eirva1 to tre charity or the amount actually realised. Gffts In kind for sale or dlstrlbutw a IlUde<l in the accounts a$ gffts only wren sd or distributed by the ¢harlty. Grfts In klnd for use by thg charty are [lded ITh SOFA as IrKxnlrg resources r8t1. rkinatedServlce6 and Facllttles Thes8 are onty included In irorning resources Iwth an equlvalent arnount in resources eX[nded) wh8re the b8n8flt to the charity is reasonably quantrfkqb, rneasuratAe materkql. Th8 value pLqced on th888 resources is the 88timated valu8 lo the charity ofthe Serv or kn.lty Volunt8erHelp The value of anyvoluntary hplp rece1 t¥)t it[Je in Investmentlncome This is incIled in the accounts whefi reCeaLle.
OPEN ARMS TRUST Icharitsble Incorporat Org8nisati¢)nl NOTES TO THE FINANCIAL STATEMENTS Icontlnu•dl FOR THE YEAR ENDED 31ST MARCH 2025 1. ACCOUNTING POLICIES Icontlnuedl Ll8bllltyRecognltlon Lkqbililies are recognis8d upon a 1 orccthtructwe cAytK)n committiro the ch8rity10 expend resource8. Gov•rnan¢• Costs Include costs of the prep8ratDn and exarninatK)n ol slalulLYy acCnts. the costs of the trustees meeting5 aThY cc61 of any gal advis8 to trustees on gO¥8mae orColItt)nal rnatt8r& Grants wlth Performance Condltlons Wh8re th8 charity gives a grant wrth Condrtkj lor rts beiTrJ a SFrtrf level c4 service or oulFXJt to be provid8d. such grants are only recoJnised in the SOFA Or the reciFienl ol the grant has provJ8d the 5peafied s8rwK8 or output. Grants Payabl• wlthout Pgrforniance Condltlons These are only recogn158d in the w)unts when a commilmgnt ha$ teen rnade and Ihgre arg Tr) ndItn$ to be met relating to a grant whKh rernain in conlrc4 of the charty. Support Costs Support costs inclLYe central functk?n5 have alkKated to activity cost CalW on a b3515 Cost?nt with th Use of the resources, 8g allr1 property cc6ts by Ilx¢ area5, or per caFrftal empby8d, staff costs by th? 11rn8 SFent and olh8r cos15 by their usage. Unr•8trkt•d Fund8 These funds can be used for the general objeclwes oltle charity as sel out In ts Trustees re1. The movements of th& unrestricted funds a given in Ihe Stalemenl ol Fir•wl Acliwrts. R•strlct8d Fund8 These funds are where the has a wrp)se for (kJr•lth made. Tlw restrictions often arise as a resurt of regular appeals lor special offeriNJs mats at the SuThJayfelk)wship meelhy. Deslgn8t6d Fund These funds are furKJs set by the trustees cwjt of unreslitted gewal fuThYs f¢y speak purposes or prcyects. Investments Investments quoted on a re¢ognised stwk extharge a valued al market valle at the year end. Other investment assets are included at trustees, test estinale of market val. Taxatlon Th8 charity 18 exempt from tax on its chari12t4e actWtt. FlxedAM&ts Fixed Assets are capitslised rf they c4n iE used for rrK)re than aT arvj cLEt at kn5t £1.500. They are valued at cost or. if grfted. at the value to the charty on receipt. 2. TANGIBLE FIXED ASSETS The CIO hekl no fixed a55ets duriry thi5 LY prevwJJ5 finalla1 WKNJ. The annual commitments [8rlI1rQ 0rab"r knes ar1 ?tal cornrnitmeThts are as frAkS.. 31st March 2025.. Non8 31st March 2024.. Nor
OPEN ARMS TRUST Icharitsble Incorporat Org8nisati¢)nl NOTES TO THE FINANCIAL STATEMENTS Icontlnu•dl FOR THE YEAR ENDED 31ST MARCH 2025 3. INCOMING RESOURCES un$tr1j Restrcted Furyl$ TOTAL 2024125 TOTAL 2023124 al Donatlons, Grants & L8gaclo5 Glfts & Donatk)n$ 10.LKKJ 10, 7,500 10.1)00 10.000 7.500 4. RESOURCES EXPENDED Unrestrtl*J Restrtted F1$ TOTAL 2024125 TOTAL 2023124 al C08t of Ch4rltableActlvbtl•s Bank Char Glfts & DOnat)n R8nl & Rates 18 933 18 933 7,500 50 bl ¢Jov•rnan¢• Costs Legal & Profe85Ional F888 720 660 720 660
OPEN ARMS TRUST Icharitsble Incorporat Org8nisati¢)nl NOTES TO THE FINANCIAL STATEMENTS Icontlnu•dl FOR THE YEAR ENDED 31ST MARCH 2025 S. INVESTMENTS The CIO hekl no inve5tment5 during tIw5 L¥ PreVu5 firHnLyal 6. RESTRICTED FUNOS The cio no restricted fu1$ during Ihis peric*l 7. CASH AT BANK AND IN HAND UnrestrtleLI Restrttsd Fund Fund TOTAL 31.Mar-2S TOTAL 31.Mar-24 Cash at Bank & In HarK1 890 890 8. DEBTORS AND PREPAYMENTS Unrestrkt Fund Reslrktsd Fund TOTAL 31.M•r-25 TOTAL 31.Mar-24 Sundry Debt5 9. CREOITORS.. AMOUNTS FALLING DUE THIN ONE YEAA UnreStrtY Res¢rcled Fund Fund TOTAL 31.M4r-25 TOTAL 31.Mar-24 Sundry Cr£ditors 720 720 660 720 720 660 10. CREDITORS.. AMOUNTS FALLING DUE IN MORE THAN ONE YEAR Th8 CIO hekj no loThJ t8rm lkqtx1rt duriTrJ this or lh8 pr8vKAJs finarThl rA1.
OPEN ARMS TRUST Icharitsble Incorporat Org8nisati¢)nl NOTES TO THE FINANCIAL STATEMENTS Icontlnu•dl FOR THE YEAR ENDED 31ST MARCH 2025 11. STAFF COSTS AND NUMBERS The Charity ernptyd no rnernLErs ofstaff ¢Juring this or the finanLial periLXI. 12. PAYMENTS TO TRUSTEES AND RELATED PARTY TRANSA¢TIONS No payments were made to trustees or any conwled with tM duriThJ this finan¢k?I pgriocl. No materlal Iransa¢tk)ns took pbce beeen organIsal aThY a trustee any person CneCted wlth them. During tr prev finarKkg1 year the Trustee$ of the Open Tnt IRegistergd Charty Number 11942201 agr88d to enter In lo ¢ontraclual obligalh)n$ under a Tenan¢y Agreement Rai$8fuel Ltd (Registed Company Number 091882261. The Trustees of the On Ar Trust have agreed lolgase premw at 7440 Derby Road, 8ootle. Liverpool, L20 1AD for a fLxed term ofthroe year Commeir on the 16th May 2022 with a ¢osl of £7.500 por annum. The Trustees of the Open Arms Trwt IRegbtereil Charity Numtsr 11942201 are also the Director6 ancl Sharehothrs of Raisefuel Ltd (RlSter8£Y Company Number 091882261 and all of intere81 have been Klentified, documente¢ and m8nage(l and In aOrd80 with tr Chantys Go¥erniThJ DocwL The Dlreclors of Raise11 Ltd IRegisleffjO Company Number 091882261 have agreed lo provide the premlses under Tenancy Agreement al no cost to the Open Arms Trust IRegl8lered Charity Number 11942201 In order to asslsl the Charlly In the dellvery of the Charrtabb otts. The Trustee$ olth8 Open Arms TnJ$l (Registered Charty Number 11942201 have agreed lo include the annual lease cost as a Grft in Kind ol donated faoli1$ lo the Charty aml as such the IransactN)n has been substsnlbled anLI IncludeLI In th& accounts lor the year en¢e(J 3181 March 202& 13. RISK ASSESSMENT The Trustees actively VIeW the major rbsks which Ihe chanty faces on a regular basts and telve that malntaining the free reserves Sts16d. combine(I wrth the annual review ol Ihts ¢1rd9 over key finartrdl sysierns carriad out on an annual basis will provide suffLienl resources in Ihe event of adverse Cc¥¥jit$. Tru$tee$ have also examined Other operatnal and business risks whKh tw lace aThJ confimi Ihat tly have estsutshed systems lo mitigate significant risks. 14. RESERVES POLICY Th8 Tru8tees have con5thred the Ve1 of re88rves they Wish to r81ain. apprynat8 lo the CIO'8 n8eds. Thls 15 bas8d on the CIO'S size and the Ve1 or finala1 commitrn8nls h81J. The Trustees aim lo ensure th8 CIO will a8 to continu8 to fu11 its charitable objectives even if there is 8 t8rnFyxary in I[oMe or urxpected expenditure. Th? Trustee5 will endeavour not lo set aside fund5 UnrCeSSarIty. 15. PUBLIC BENEFIT The CIO a¢knowWes it$ reqUIent to dem(xWre ¢katy that tt must have charitsbk purposes or'alms. that a for the publi¢ benefit. DetaiL8 of fK)w the CIO has ach*ved thi8 a pwded in Trustees r)rt. The Trustees conflrm that they have paKI due rfrjard to Charity Ccxnmiss&)n guidor on put¢ berefit before de¢KJing what activiues the CIO should undertake.