Charlty Number. 1194403 Operatlon Reach CIO (Charltable Incorporated Or¥anisation) Trustees Annual Rwrt and Unaudlted Recelpts and Payments Accounts for the year ended 30 September 202S Operatlon R•achpmYides transf0rn7*dve adventures foryoungpeople. to bulld thelr lrfe skllls & help them rnach tholrpotentlal Info@operatlonMa¢h.org.uk oporutlonr00¢h.org.uk Operdon R8ach Is o reg15teFed ¢harlty In England arKI Wgle¥ No. 1194403. Réglsttrred offlc8'. peor TFoe¢ottag Sov8rnokvRoad Burbag•, MorfLyX￿g￿w￿8ttdfO SN8 Operation Reach Contents Trustee5 and Other Infomvtyon Trusteos, Report Indqjendent Examlner's report 10 Recelprs and PayThenLS Accounts Staten*nt of Asset5 and Llabllfjt1é5 12 Notss to the Accounts 13 lnfo@opertstlonreach.org.uk oporatlonroach.org.uk Opeiabon R£￿ChI8 u rogisiered ¢harltyln England and Wal96 Ng. 1194403. WI5tor8dofflce." Poar TTOe¢ottag Sovemok8 ftoud 8wbog&MortborougN Wlttshlip SN8 Operatlon Reath TNstses and Other Inforniatlon Miss Aora Vasey Mr Rene Campbdl Mis5 Lella larvi5 Ms Chrfstinevan Der Gutht Ms Georwna Louise Bartletc Ms Qixln ts (Appoinced on 8 January 20251 Ms c￿re EK8ar {Appolnttd Oft 8 January 2025) Chthry number 1194403 Regist*red office Pear Tree Cottage Savernake Road Burb44 Marlborough Wlltshlre SN8 3A5 Indèpthdtht examiner Treyorjames FCA DChA FCIE Key rrAnsgement ptrsonnd Mrs Olfvia Hill ￿OlUnte￿ CEO} Info oporatlonreach.org.uk op8rotlonreach.org.uk Qpwodon a re914tsr￿ in Erykind and Wale8 No.1194403. Roglstered olfke.. Pearlr8e Col￿ge, SOVomoko Burba90, K4arfbortyJth. VAltshlre S￿8 Operatlon Reach Trurt¢es' R•port Year ended 30 Septrmber 2025 The Trustees pre5eni th¢ir report and financlal statements for the year ended 30 SepteM￿r 2025. The TruxÈes confirm that the AJ*nu31 Report and Finanoal SraterTkn¢5 of the chatity compty with the current 5tatu¢ory requlrerrents, the requirements of the charity's 8overDing document and the prov15ions of th¢ Statement ol Rec¢Jwthended Prdrri¢e ISORP), #P￿1C￿bI¢ to Chwtles prep¥inz thelr accourrts on the recew and payment5 baws. Ob￿¢dVe5 aml artlTAtl•s Pollcl•s and obl•ctlve5 Opwation Reach pr￿deS translorrrAtlve adventures for youry peopl¢ to t￿lId their life skn113 and help them reach thdr por¢ndal. b. Actlvlti¢s for ¥hl•¥kng oblecthies Opwauon Reach provldes young people azed 16 to 18 wlth the oN)¢)rtunlty to travel overseas to experitnce a dlstlntt culture and C¢￿￿￿ete a demandln& physical thallenge. The tharty then provlde5 ongotng SLtpport through an l&month mentoHng pro8rdmme. focu$5ing vn advl¢e and iuldance for un1vtr￿Cy and work experience opportunitlÈs. L PublSe ben•fit st*t¢m•nt The Trux¢es confirni that they have ￿mPlIed vAth the duty in sealon 17 of the Charldes Att 2011 to have duè r*8ard to the Charty Corrmls4ons' genet71 gyÉdance on puE4ic benefio "Charitie5 and bllc Ber*fit" Ath￿v•m*hc% and performan¢• Re￿•W of a£tlvitl•s As iw3reness of our tharity aM0￿s( young people. so do the number 4conomlc barrlers to overcome: and. were supported by strong referenees from thelr teathers- either Idend￿n% a dttr need to bulld lrfe 5kI115 or 50rneone whose horlzons were too narrow thrO￿h lack of opporruhlty. In terms of Interests and £areer aspiTruons. we are seelng an incrtasln¥ converyence towards 5CtentÈ b35ed Industrie5 Indvdinl medicine. deno5try and medital research. We have a150 had our firK ReKhers dectini the aPpren￿(eshIP pathway than univergty. induding one N¥t¢o now vained as an dettricran. . Th• Reachers 202S arè so Prt>ud to have sethed for this opportuntry, and have demonstrdted ettdurlng COMMItft￿ to the Y•lues and putyose of thls chartty. Speaklni wth the volunteers when they returned from Indii they were Immensdy proud of how well each young person ddap¢ed ¢0 thè new cultural experience and phY￿clI th￿lenge. Whilst there were cen￿nlY testing tymes, ail th¢ R¢4thers rrrade It through and Krew in Confidence as a resulL The proTdmm• continues to create V￿u￿ble opportunldès-whèthtr It's wdtomlng Kèa¢hers Into the workplacè to expthence office life and connett YAth recent ￿dU2¢e& explorfng museums or fac￿1[atIn1 Introductions wlth profession315 in thelr fields of incer*s¢. The mentoring programme was delayed due to a reatisatlon that some of the Reachers wanied ta thelr studles - cowards A leyds lune 2026- and the d)adry's own rtrevaluaDon of how best to del￿er the mentoring programm& As a resulL the m•n¢¢)ring h35 been off¥ed ¢0 the Reacher5 on an ad hoc basls, with dlfferent stsrtlry dmes throu8hou¢ 2026. Followlry thdr thp, the chartry. and volun¢eer5 from the trip ltsew, been pro¥idin¥ t￿lOre¢l supp¢)rt UCAS xppllcatlons, appren￿ceshIP opportunltie& and InterylÈw preparatlon, tnsuthng each R￿cher fee15 5upporred to rake thelr next steps be (hat thdr fin￿ year of school, pp ye unlversity or the workplKe. MOSL re¢enfty, we also launched our 4lumni mentoring xheme whereby Reacher5 from 2022- 2024 have provlded peer-tw thlce and guldanct on how to NvlDte those thtltal flrst few months at unlver51ty. Flnandal Revlew The charltys receipts for the period were £60042 and c<)ftSiSted of £37,498 from y3nt& £20,297 from dorHJon% £3,033 lundralsed by Reachers and volunteers and £14 of Interert incow*. Payrrtnts for the yur were £sa320 of which ￿1497 vrd5 for expedition cost& trwning day and a55Q¢iated in5uriii¢e. Inlo@OPoratlonr8ach.org.uk op8ratlwr•och.Ofg.uk Qperotyon Reuch lea feg18tere<5 churfty In Eryhind and wales NO.1194403. Raglsiered oftlc8.' Poor Tr88 cottagè, Savgmgkg R¢LJd, Burtmlv Marlborough, Wlttshlre SN8 For the year ended 30 September 2025. there was a wrplus of receipts over payments of £1521 The Cumul￿1Ve 5Ufplus of rtttyp¢s over payYnÈnts was £12.621. Funds ol tl* charlty were £11621 as ar 30 sep￿n￿ 2025. PU￿re development As indicated In"Athievemenu and perfornmnce" follo￿n% the trlp in luty 2025 a review of the modd currendy used vrd5 wewed and some fvndamert￿ changes have now been mad l. The prozrnmme ha5 been r￿StrU￿Ured 2. The pr￿Se for the mentor programme has been revlewed 3. The naEure offvndraislng ha5 been *ven weaier attention 4. Conrx*dng a conwhnt to swjport woth the ddivery of polnts 1- 3 rnme Stru Previousty, thE trip it5df was the ftrsf slsnfficant event within the prordmme. However, after tatthjl consldwa￿on, it has been decided thac takirtg a rnre actyve role In undersonding the needs and streng¢h5 of the Reathers before the thp %rfll l#tJ fo a more rewardlng trip. and 8rearer success In Iiing durtn8 the mentorlng st4t. As W¢￿ no Reacher5 w¢rt recruited for a trlp Sn 2026. 1nrt￿d, thls h35 been trtated as a Ulow year wlth a vlew w rKThÈltlng all Reachers In Septernber and October of 2026, ready for an eypedltlon in the sunwner 012027. The pertod be￿een january wKI Jsjne 2027 can now be spent induttlnl the Reachers not only for the trlp Itself. as In Pre￿OU$ year& but also lor the m05t productive, and incuiilve, forrr7 of rntntorin& The Reacher5 ￿11 meet regularfy. durtng this ume. with trustees and the conrrncclng consulrant to be glven talk5 about university tAthways and preparatsofi for employmenr. The mentorfng partnerships wlll be es¢ab115hed befor• the ¢rip. with nuybe one of two mettrUPS taklng place. before the realty producdve M￿rO￿nI work ns In September 2027. Mentorin ruccu It has becon* ￿dent to the tharity that the Reachers hive different need5 from the menrorfnz programme. Scffje vrdnt SUPPOrt with their UCAS a￿1(atIonS, particularly those apP￿.n¥ for Oxbridp and medlclne I dentisrry., others need to build thwr Social skn'lb. and Keneral unders¢andlng of their post-18 journer, and others need a peer (Reacher alumni) to provide coachln8 for their preparauon for A levds and the firs¢ few month5 of univetslty. such. the mentoring programm 11 now be tallored ¢ow¥ds the Indlvldual needs of tach Reacher. 1nto@oporatlonreach.org.uk ¢yrtstlonrèaeh.org.uk Opera¥on Peach 58 o reglsterqd In ÉNJkJnd *Jnd Wale5 No.11944D3. Rtsgl*ered offlco,. PoorTro8 Cottogo. Sovemake Road eurbage, MorfI)orough, wiirshlr• SN8 Fundrai51 For OFerauon Reach to fhrive, and potentially soltrup, in the long-term i¢ is e53enval that there is a broader basè of rqular frjnding. Currently, there is a cerraln lèvel of régular fijndlng btlng providèd but onewoff. larye donation5 are es5entsat for eoth trip to be financialty vlable. This is not considered sustainable in the loniwterni and 50. the con¢racun¥ consultant needs ro ac¢ess a broader range of granr-glvlng orpnlsatlons. Ajongside thls. a ontrof fijndr￿SInx event is bdng planned to generate Increased awareness for the charity and, thus potenrlally open up ntw opporcunlrles for fvndin& Contrattl consul￿￿[ Fromjanuary 202& a cOntrKu￿ consukant has been Wo￿ng for the charlty for approxlmatety hours per week ro hdp deliver the stratwe5 se¢wOUt above. Further deulls on the fundin8 for thi& and su¢cèss crlteroa lor the contractlng consultanL WAII be P￿￿ded In the next annual acc¢)un Golng concern The Trustees have a r￿onable expecta￿On that the tharlry has adequate resources to contlnue in operntyonal exi5Lence for Iht foreseeable frjtwe. For thss reason thty continue to adopt the Kolng concern basls In prewng the flnancial staterrtht5. b. Reserwes pollcy The chthtys reseryes polty ￿m$ to: provlde the thariry ws¢h adequth flnandol stabllty the m#xs ro address any unfornseen drcumstances.. ensure the iontlnLtlry of $￿CeS for all beneficiarles wbthout unnecessary Inrwrupdon., and ensure that restriaed 2nd unrtstrltted lunds are managed an approprii¢e manner. Glven the early stage of establlshment of the charty. the Trustees reco￿15* thar It was a th￿Ien to build reswves in th• current eConor￿( cllma¢e. The CEO and Trustees wll concinue to keep the reserves needs of the chan'ty condnualty under revlew. The appropriate level oflree reserves necessary for the eificient management of the charfty Is a5se5sed to be approxlmatety costs relatin8 to oryanising an expedluon for fijrure cohort plus three months opernoni ¢xpendl¢ure. As at 30 Septembw 2025, ther* ￿d$ a balance of £12,621 unre5triCted I￿￿$. Info@operatlonreach.019.uk operotlonraoeh.org.uk QPWtXlon ft8ach18 a regliiered churty in Eroland (w¥J Wal8• N& 1194403. R¢95$ter8d tsfflc8'. poor Tvaecottoge. Sovemoke Roud, 8urtog&lAOrf￿rgUqty Wlts*lre SN8 . Post Balance Sheet evènts The Trusrees confirni that there were no p05t ba1￿ce 5heec events that mi8ht have an impac¢ on the Ilnandl po5idon of the charty as of the reportlng datè. S¢rurtUrni gov•rn*n¢• and m*nagèm•nt Constltutlon Operwon Reach is pverned by its Con5tytu¢ior4. It became i re8iStered CIO on 10 May 2021. b. Mtthod of appolntment or elertlon of Trustees The managemenr of the tharity bs the responsibility of the Trustees who are elected and co-opted under the term5 of the consthuElon. An interylew process is in plate In the appoinunent of the Trustee& The deti*on ro appolnr Is vcns and finance5 of the chthry. and are sarlsfied that systems and procedures ar* in place w miugate it5 exposure to the maior risks. The ch￿ty h¥ an insurdnce polic/ Ir¢ place tg mitiDte Some of the oPera￿onal risks. A separace deralted rf5k assèssmenc for the Reathers, expedldon was 2150 prepared by the travel agency that the charity partnered with and reviewed by the CEO and tyustee5. lnfo@operatlonrèach.oro.uk opeTotlonroacb.¢rg.uk OpeF¥tion Reach Is a reg1siere£l Chorty In EngIry￿ ( wa￿$￿0.)794403. R8glst8red office.. Pear Tiè&cottog•. Sovarp￿ke *otsd. BuYbo9&fvlart￿you9￿ Wlttstrire SN8 Trnst••'s Msponslbllldts statément The Trustees are responthle for keeping proper accoununz r•cords that dSsdosè reasonablè accurncy ai any dme rhe financial posiiion ofthe ch2ri¢y and enable them to ensure that the financlat statements compty wSth the Charfts'e5 Act 2011, rhe Charity (Atcounrs and Rep)rts) Regulatlons 2008 and the provilons of the ch¥1￿3 ¢¢Y￿￿￿[lon. The Trustees of a charity wstered in England and WalÈs that is not a ¢owpny are permitred ur*der se￿On 133 of the Charityes Art 2011 to prepare recelpcs and payments atcounts provlded the tharity's gr05s Income Is nor over £250.rxJo. The Trutteès arè responsNe for preparln¥ the Truscees, annual reporl and accounrs In accordance ith ¥￿ICable law. Thty are also responslble lor safeguarding the assets d the thartty and h￿Ce for taking reascnable steps for the prevenuon de¢ec¢ion of fraud and other I￿esula￿lIes. Th15 repor¢ was approved by the Trustees on 29th luty 2026 and on thelr behalf by. xln Li Trustee Info opeTatlonr•ach.org.uk operatlonr•ach.Ofg.uk owaJon Reach 1$ u regi$ierwJ chtsrtyln Englon(l anil walè8 N&1194403. RegIst81￿OffiCB'. PearTPOOCQtiog•. Savernuka Roud. 6uibog&fvlarltrAyrAJgh Wltt8hlFe SN8 Operation Reach Ind¢pond•nt ExamlTheWs report to the Trnstees of Operntlon R•ath Year ended 30 September 2025 I reporc to th• d)arfty Trnstees on my examinatlon of th? accounts ol the Operarion Reath (tF charttyl for the year ended 30 September 2025. Re5poDslbllltles and basls of report A3 the Trus[￿S of thè chanTable incorpordted organlsatlon you are responsible for thè prepartdon of thè accounts in atcordance the requlrernencs of the Charities Att 2011 (kne Att?. I reporc In r*spÈtt ol my examlnauon of the charlry's accouncs carri¥J our under sectlon 145 of the Ac¢ in carrying out my exarninatSon I have followed all the applicable Direc￿On5 wven by the Charity CoMmis￿on under S￿￿ON 14515llbl of the 2011 Aa. Independ•nt Examln•rfs statement I have compl*t*d my exanlnatlon. I confim7 that no matthal rrAtters have come to my attentlon In ¢onnection with the examinauon me taU5e to belleve th2t in any nwrial re5pecL account1￿ rncords were not kept In wpec¢ of the chadty as requlred by 5ettlon 130 of the kn.. or thè aceounts do not ¥cord those records I havè no concèms and have come acros5 no other mattws in connecrion vAth che ey2mlna￿On tc* whlch atteThtlon should be drawn in thi$ report In ¢rder to enable a proper understandinK of the acc¢)unts to be reached. r.EJts¥os PCIÉ Poli SPL L9 J_4 Inlo@oporatlonreach.or9.uk operatlonreach.Ofg.uk Operaucn Reach18 a reE45tered ¢hcrfiy In £wbndond Wal88 No.1104401 Reglsternd ¢)fflce.' P•tyfrè6 COttOg8. SovemtskeRots4 8urbts94 Morfknorou￿, Wiir8hir¢ SN8 10 Operation Reach R•c•lpts and P*ym*nts A¢counts Y•ar énd￿ 30 September 2025 N¢Xe Resthcted Unr•strlcte 2015 Total 2024 ftecelpts Donat¢ons Grants Fundnlslng Interèst incorne Total recelpts 20,297 20,297 37,491 3,033 14 60,U2 9,311 2&1J)) 1296 37.498 3.033 14 23.344 37.498 37.607 Payments ExpediDon and trnlnlni day Insurance5 websi￿ I tethnology Other c05ts Total payments 37.498 14.999 1,384 1.680 2,759 20.797 52,497 1.384 45.813 1,321 2,759 58,320 12n 49.406 37,498 N•¢ r•¢eiptslpaym•nt4 2.522 2,522 Cash fund5 at the start of the period Cash funds at the end of Ihe period 10,099 12.621 10.099 12,611 21.898 10,099 The notes on pa8e$ 13 to 14 forni part ofthe5e accountt. Info@op8ratlonreach.org.uk operotlonreach.org.uk cperooon Reoch l$a reglst8red charrty In ETrJlond and wola& NO.1194403. RegthrereLtotll¢e.' Pear Tièpcottage, Savernaka Burbag& KlortborcrfJoN Wlltshlpe SP48 Operatlon Reach Statement of Asiets and Llabllltles As at 30 September Z025 30 S•p 25 30 Sep 24 Flxed assets Inranilble assets C￿￿¢￿¢ assets Debtors Cash at bank and In hand 12,621 10.099 Creditors.. wnounts falung due wlthir* one year Net currenr assets l Olabllities) 12,611 IQ099 Net •ssèts 12,621 10,099 Funds Restritted fvnds Unrestricted ￿ndS 12,621 12.621 IQ099 10.099 The accoun£s wwe approved by thè Trustees on 29th Juty 2026. Qixln Li Trusree Charity number. 1194103 The notÈs on p4es 13 £0 14 f¢)rni part of these acc04Wrts. Into 0￿ratIOnr￿eh.org.uk oporotlonr•ach.org.uk opeFoUon keoch 1$ o regIsl￿ed charttyln England orK Walos No. 1194403. Ro9lsteiedofflc8.' Poor Treo¢ottag Sovemoke ftood, Burbog9, ModborJJgh W411th1re 5N8 12 Operatlon Rea¢h Notes to the accounts Year ended 30 Septsmb•r 2025 l. Accountlnl polld*5 1.1 8asls of pr¢p4ratlon of accounts The ch￿ty consuwtes a public benefit enti¢y as defined by FRS 102. The account5 have been prepared on the receipts and payments ba515 ￿ pernii¢¢ed in accOrdw￿e with Accountlng and Reportyns by Charives.. Statprnent of Recommended Pradce ap￿1£1bh tg tharfdes15sued on 16Ju 2014. the Charitie5 Act 2011 and UK Gen￿lY kcepted p￿d￿Ce as It aP￿Se$ from I hnuary 2019 updxed for bulledn l. The accounts are prepared ¢￿ 4 KolnK concern ba51$ ￿der the hi5torfcal cw convenuon. The accounts are prepared In sc•din& %thlch Is thè fun￿0￿21 currnncy of the tharlty. Monetary amounts in these tccounts ¥e rounded to the nearesc £. The slgnificant accounting politlès appfièd In the preparation of these acc¢wnts are set out below. These pdlci•s have been Consitt￿¢IY aP￿led to all years presented unless othemse staced. 1.2 Golng concern At the tlme of approving the accounts. the Trnstees have a reasonable exp¢c¢atit)n that the charty has adeq￿te resource5 to continue In operaDonal •xistence fer the foreseeable firture. Thus the Trustees c¢)ndnué to adopt the ¥olni concern ￿'S ot accouNn¥ In yeF4rtnx the accounts. 1.3 ChaAtabl• fvnds Unresrrittld funds are a¥Allabl* kjr us• at th• dlscretlon of the Trustees In furtherance oltheir tharIta￿e oblecdves unless the funds have been deslgnated for other purpo K*strlcced funds can onty be u50d for ￿CUlar restrlcted purposes tht oblo¢cs of the tharfty. Re5trittl¢)ns arise vthen speafied by the donor or V*I￿n l￿dS are fdi5ed for parrlcular rèstritted purpo 1.4 Income and •xpendttur• The accoun¢5 have beon prepared on a receip¢5 and FQyTnents basis. lnlo@optrratlonroach.org.uk operatlonreach.org.uk Operaucn Raach Is u r8g&tared chcrlty In En9lJnd and WdoÈ No. 1194401 Reglstar&J olllc8.. Pool Troe ¢ottagB. Sovema*8 Rood Burbagfr. Morfboraugh, Wltshlre S148 l.S Cash and cash equlvalents Cash and ¢ash equivalenr5 indude cash in hand. 1.0 Flxed ass*ts The chartty does n¢X curr• hive any fixed ass¢ts. 1.7 Bask 11n￿¢1￿ assets Bay'c finanaal assets. whlch indude debtors and cash and bank b31ance4 are initially measured at frdngctyon prlce induding transa￿On ttjsts and are subsequently carrltd ar amjrdsed cost U￿n8 the effecrfive Inreresc method unless the a￿angement constitutes a financin¥ transaction. where the tr￿￿Crb¢￿ is measured ai the presen¢ value of the fimire receipcs dlscounted 1¢ a matker rate of inrere5¢ Finan¢iat assets clu&fied a5 recelvable within one year are not amortised. AH expen5e5 are indusfve of IrrecoveraÈ4e VAT. 1.8 CoTrorntlon Tax Th¢ chancy is an txeftwt charity within the meanini of Khedule 3 of the Charitles Act 20112nd Is consldered to pass the tests set out In Pkngraph I Schedule 6 Finance Att 2010 and theref¢Jre It meets the d￿n[d¢)￿ of a charirable companyfor UK corpor4tlon tax purpo l.• Crltlcal accountlng e5timatts and lud8•m•nts In the appliatlon of the chariW5 I￿oUn￿n% poli¢ie5, the Trnsttes are requlred to make judgements. ¢$￿[r¥￿S Ind assumptions atout the amount ol assets and Ilabllltles that ¥è not rèadily apparent from other sour￿. Th* estlmates and assoclated assUmP￿0n$ are btsed on histodd Èxperlence other l¥tors thx art cOn￿dered to be relevanL Attu￿ results may differ from these esdmite5. The e5timate5 and underl>ing as5LmPV"on$ are rtvlewed on an ongoing basis. Revisions to accounting ￿tiMate5 are reco￿lsed in the perlod in which the estimite Is revSsed where the r¢viyon affects onty that pef60d. or in thè ptrlod of the revlslon and fueure period5 where the rtvlslon affects both currenr and fiKure periods. 2. Trustees and volunteeys No Trusrees or vdunteers received ary rwnuneratlon or benefits In the period. 3. Rel*ted party tranyartlons The charity did not undertake any related pary trdnsacuons in the wod. Inlo opwatlonr•ach.org.uk operationraa¢h.org.uk opera￿on Reach IB (J regstered charlty In Engbnd und wal8È NO.1194403. Reglstered olflc* Pear Tree Cottag0, Sovbmak• Road Burb￿, k4arfborough, Wlttshlre $148 14