REGISTERED COMPANY NUMBER.. 13384036 IEngland and Wales)
REGISTERED CHARITY NUMBER: 1194676
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025
FOR
BOINGBOING FOUNDATION
Parkers
Chartered Awuntanls and Registered Auditors
Comelius House
17&180 Church Road
Hove
East Sussex
BN3 2DJ

BOINGBOING FOUNDATION
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2025
Pag8
Report of the Trustees
1 to 7
Report of the Independent Audltors
8 to 10
Statement of Financial Activilios
Balance Sheet
12
Notes to the Financial Statements
13 10 17
Detailed Statement of Financial A¢tivitios
18

BOINGBOING FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MAY 2026
The Iruslees who are also directors of the charty for the purposes of the Companies Act 2c￿, present their
report with the finanaal stalem8nls of the chanty for the year ended 31 st May 2025. The trustees have
adopted the provision5 of Accounting and Reporting by Charrties.. Statement of R￿OrnMended Practice
applicable to charitps preparing their accounts in accordance w(Ih the Finanual Reporting Stsndard
applicable in the UK and Republi¢ of Ireland IFRS 1021 (effective 1 January 20191.
OWECTIVES AND ACTMTIES
Objectives and alms
The Boingboing Foundation (the Foundalionl has been established to advance knowledge in, and practical
application of, Kleas associated wrth the concept of resilience. 11 aims lo odd to the scope and impact of work
focused on social justice rooted resilien￿ research and practice, defined as 'beating the odds whilst also
changing the cKlds'.
Our tharit￿$ purpose as set out in the objects containèj in ourArticle$ OfAsS￿￿2tion ar8..
To advance education, particularty but not exclusivety relating to tho subject of reslience
To provKle relief lo those in need by reason of youth, disabilty {including special educational need51 or other
disadvantage
To promote equalty and diversty and such other purposes as are exclusively charrtable under the laws of
England and Wales as the trustees see fil from limè to time.
Slgnificant activities
The objects are achieved ty undertakirvj activities including."
lal establtshing, organising and promoting ￿￿PrC%lv¢ed research, training and devekwmenl prcgr8Tfffne5,
and providing advi￿ and support lo build the skills. capaciiies and Capabil￿.eS of people and ccmmunities
experierKing System￿ disadvantsge,. and
Ibl undertaking part￿Trpat0ry and communty-led research to promote a better appreciation and
understanding of resilience, s¢xial justice and system change, and publishing the useful resutts of the same..
and
Icl providing support. resources and collaborative opportunibes lo strengthen communty-based research,
improve wellbeing, and influencE the enVirOn￿EntS and systems that shaFe people's lives,. and
The Foundation's work centred on developing and supporting its role as a Community Co-reseaTch Hub,
Trustees prioritised aclivrties undertaken wrth, by and for people facing MUhip￿ and inlersecling forns ol
structural inequrty, including disadvantages linked to Health Inequalities. The Foundation's approach
recognises the increased risk of wor mental heakh and r￿ut￿￿ lrfe OPF)Ortunth"es caused by systemic
disadvantage, and the publi¢ benefrt created through earty, coMmunity-￿d research and intervention and
syslem-f¢xused resilience work. The Foundation continued lo convene and support Co-research colthlives.
deliver training and participatory ￿search programme5, and disseminate ￿arnIng through ￿CeSsible
resources and pu￿1¢ engagement. with the aim of strengthening communty-based research and resilience
not only frjr indNKluals bul within the wider systems and environments that affect them
Page 1

801NGBOING FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MAY 2025
OWECTIVES AND ACTIVITIES
Public benefit
The benefits of advancirvJ eduealvjn relating lo the subject of resilience include individua15 hamng the
opportunity to how lo build their own resilience, so they are better equipped to navigate chaI￿nge$ th*
arise in their live5. For example, by partiupating in training lo become c￿researchers, young people living in
povety learn new skills, increase opportunrties to build resilience, and have a forum to have their say and be
heard aboLrt issues that are important lo them and their communities. This individijal benefit r2scades to
collective benefrt, as more community members acquire the skills. knowledge and understanding to support
community resilients building, increasing participation and engagement in community activities and reduong
the need for speciali51 support and inlervenlDn such as mental health services.
Advancing understanding and creating new knowledge through cTrproducing research benefts indiMdu21s.
communities and the workforce through increasing the evidence base of what works in building resilience.,
increasing the autonomy and ¢apabilitie5 of individua15 to build resilience for themselves and otheTS, and in
creating supwrt wh￿h is more effects've, and better able to rrEel people's needs.
Providing relief from need by creating opportunth.es for people and communit￿5 lo make resilient moves has
fundamental value lo both individuals and to the health and well-beirrfJ of the 5cKiety around them. For
example. through Creating safe and regular spaces where young people can come together, offer peer
support, leam aboLrt resilience with one anolhei, and create a loolkil lor others lo brin9 their leaming together
for the benefit of others. These ath'vilies mean that individual benefiuanes increase their support ne￿Ork,
grow in confidence and improve their knowledge about what resilience building tnechanisms they can try for
Ihemsefves and feel valued lor their contribuliu) lo their wider ¢ommun((y. Additionally, by supporting
Indiwduals to tske part in group innovation aCtivrt￿S about an issue that is imFK)rtanl lo Ihern, such as Climate
change, they have opportunities lo make new relationships, gel together wth people they can rely on, develop
life skills and solve problems This will build thèir own resilience, heatth and wellbeing alongside ally
enwronmental benefit generated by their a¢tivrties, which benefits socwly more widely.
Promoting equality and dwersity benefits individuals often left wl and excluded from support and research.
Intlividuals themselves benefit from new experiences and opportLJnrties lo be heard. By modelling ways lo
undertake inclusive research and practice and disseminating these resums through peer-reviewed research
but also Ihwough accessible blogs available lo the wideT public, wider s(KEty benefits from increased
understanding and ideas about how to reduce discrimination. Communities benefft from the involvement and
insight of a gfealer diversity of people in opportunities such as employment or training
In summary, our beneficiaries are..
Young people, parents, carers and people lacing Multip￿ sy51emrc disadvantage.. through 0pp0rtunrt￿S lo
Co-produce resi1￿nCe ￿$Our¢e$, initiate and collaborate on Social ￿tIVisM projeds and challenge exisb'ng
service responses lo drive and inform serwce improvements.
Practrtioners.. Ihrouyh continuous and progresswe opportunitie5 to develop IheiT understanding and practiTr of
how confronb'ng System￿ ¢halleng&s can be an e55enlial component of indiv￿ual resilience, working in a
O-prcKluctive way to enable their pr￿tice and system5 to be challenged and changed.
Communities. IhrDugh the wider benefits of achieving greater reSi1￿nCe throughout communities which face
systemic disadvantages.
Page 2

BOINGBOING FOUNDATtON
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST 2025
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
Health Deleminanls Research CollaboralKJn
The charity is a communrty partner wf(h Blackpool Council in the five year National 5nsli(ule for Heatth
Research INIHRI funded Health Delemiinanls Research Collaboration IHDRCI. This groundbreaking project
aims lo ￿dUce heatth inequali(ies by enabling the Local Authonty to make more evidence informed deasKJns
about service provision aeross four prh)rty determinants..
1. Housing
2. EducatK)n, employment and skills
3. Maternty and the first fv40 years of life
4. Mental hearth
thin this partnership, the charity is responsible for recruiting and SUPPDrting Youth Co researchers with Iwed
experience relevant to these priorty areas. The charrty provides training, pastoral support, and research
capacity building, and works cbsety with the Local Authority HDRC team to develop the processes Tequired
for this innovative model of co research.
During the reporbng period, the charty supported eight Youth Co reSe?￿her$. recewed training in
search methods and contributed to a w¢de range of projects with Blackpool Council, includ1ng inveslvJations
into ￿ceSS lo energy effieiency gran15, SUPPOrted housing provision, the impact of effiaency technologies in
social housing, youth mental heahh. and cannabis use arnorrfJ young people. Co researchers also attended
nferences. delivere(I presentations. advised local authorities and other HDRCS on youth involvernent. and
contributed to bKI devdopment. Collectivdy, these activities slrenglhened local research capacty, amplTfied
communty and youth voices, and supported rrB)Te evidence infoTmed decision making across the Local
Authorty.
ReSe0￿h Roady Ccqnmunf(Yas
The charty supported the continuation and progression of the NIHR Research Ready Convnunlt￿ pibl
which had launched in Autumn 2021. Blackp¢xsl has been of the prionty areas identrfEd for increasing
public engagement in heatth research. A group of Youth Co-rese8rchers had formed during phase 18nd were
keen lo conlinue on the path lo becoming 'research ready. wf(h the support of the charty, in partnership wrth
Heallhwatch B1￿kpOOl and Citvzens Advics Blackpool. The goal was lo cwroduce a research project from
the ground up, wlh communty members centred as true C0-resea￿hers from the very fysl stage.
During Ihis pertsd the group worked with an xademr researcher fr¢)m Lancaster Universty lo conduct
scoping study exploring the effect of parental mental heatth lilera¢y on the nEnlal heaf(h of their chiklren. The
group recrui(ed parentsl carers and a mental heaf(h professional to c￿cOnduct the study, in addrtv)n lo
interviewees lo understand local needs and prK)rilies regardirrfJ parental mental heatth literacy. Inlervws wrth
young people, parentsl carers, and mentsl health professionals were conducted during this period. The data
collected will be used lo design and tria a parental mental health literacy programme.
Coastal Crxnmunity and Creative Heatth
An AHRC-funded collaboratlon wi(h the un￿er$ty of Lnferpool, Unwetsty of Bristol, Unwèrstty of Brighton.
Universf(y of Kent, Lancaster University. University of Sussex, and many communty organisalK)ns and
practitioners in the North West, South West and South Ea51. The Charity is leajing the lived expe￿nce wuk
package which aims lo use creative methods lo undeT51and how these communty organisations help our
wellbeing, what barriers we mwht f￿e accessing them, and ￿ere the gaps in se￿iceS are. Wrth this
evwjence, communi(y organisalion5 can become more effectwe and help more people.
During this period the Charity worked wrth Co-inve5tigators to rework the project prolocLJI. successbjlly
campaigning for increased engagement with local artists. The Charity recruited a c￿reSearch team wf(h lived
experience for the three priorty areas, ak)ng with local artists lo facilrtale the workshops. The Charty
supported the co-resewchers and art+'st8 lo plan the workshops. ready for delivery in 202512026.
ActiwstAlliance
Page 3

BOINGBOING FOUNDAfON
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MAY 2025
The Charty's 'A¢tivisl Alliance, project compliments the co-research projects by prowding a more practical
fttus for galvanizing communities towards creating System￿ change. The Activist AllIan￿'S activities are
planned co-productivety w((h. and led by, our Peer Engagement Workers and C(>pr¢)Judion Workers. During
this peri(xJ we had two Activist in Residence pla￿ments active.
The residencie5 were 8 partnership wrth Blackpool Sixth F￿n College, BlackpcKJl Council. and the
Lancashire Climate Action Network ILancsCANI. The acb'visls worked ¢losely wrth these partners lo organise
the Lanca5hire Youth Clirnale conferen￿ 2024, which brought towther around 100 young people from
across Lancashire There were presenlalions, worf(shops, and stalls focusing on a range of environmental
action and policy in the region. faciltsted by decision-makers. bu&nesses, VCFSE groups, artists and young
people. As a ￿$￿11 of the conferen￿, a group of young people have sel up the LancsCAN youth group.
Cumbria Co-Research Collertive
The Charity has been an active partner in the Cumbria Youth Co-reseaTch Collective ICYCC) since
November 2024, working alongside young people from Carlisle Youth Zone (aged 12-171, youth workers, and
academie partners lo build ￿PaCity in c(kproduced research. Drawing on our expertise in co-re5e8r¢h, we led
the delivery of Gel Research Ready With Me {GRRWMI, a new project designed lo help young people
understand the research prctess and to support adults lo meaningfully invobse them. Our role fwused on
creating accessible. engaging spaces where youth QFreseaTchers could explore how inclusive research 1$
shaped by drfFerent experiences, Ideas, and priorities.
The Charity facilitated ￿ GRRWM days al Carlisle Youth Zone. The fitsl, in Febwary, introduced the
fundamentals of research and co-research, and sUPPOrted young people lo idenlrfy their areas of inlerest
throLJgh creative activits"es. The second, In March, prepared the gioup for their first live research commission
from the Petteril Community Panel, ￿nIred on improving opportunities for children and young people in the
Petteril Bank area. The charty guided the refinernenl of research questions. sutvey development. and
discussions on lileralure, methodology, ethics, and participant engagement across four thematic priorit￿5.
Through thi5 work, the charity helped equip y¢)ung pe(ple wrth the skills and Confiden￿ lo Influen￿ decisions
that affect their lives and communities.
NIHR North Wesl Applied Research Collaboration IARCI Research Intemships.
In March 2025, Ihiee members of the Charity's senior staff began research internship5 supervised by
acadernic researchers from NIHR North Wesl ARC The projects will be investigating artists, peiceplions and
experiences of ¢re81ive heatth research, wrth the aim of understanding how lo improve engagement and
inVo￿ement in create health.. and how rippk effects mapping can be used lo understand the wider systemic
impacts of Invo￿1n9 communrty c￿researcherS in heaf(h research. During this period the iesearchers began
working ￿ the project protocols, with the projects themselves lo be conducted In the following year120261.
FINANCIAL REVIEW
Flnanclal posStion
The Charty continues lo r￿1ve income from conlracls secured in the previous financial year. and three
members of the charrty successfully began research internships.
Total funds decreased by £27.663 (after costs) during the year. The trustees have considered the Charty's
finanoal posilK)n. induding the reported deficit for the year, and have assessed the organisalion's ability lo
continue as a going wncem. The defi¢il primarily rdiecis timing of grant income and increased delivery costs.
rather than any structural weakness in the Charity's financial model.
The Charity Gonlinues to maintain strong relationships wrth its funders and partners. and has secured
confirmed income for the forthcoming financial year, alongside a heatthy pipeline of pending bids. Cashflow
forecasts and budget projections have been revwed and demonstrate that the Charity has sufficient
iesource5 to meet ils obligations. Based on these considerations, the Trustees are sa115fied that the Charity
has adequate resources lo ¢ontinue in operational existence for the foreseeable future and Iheiefore continue
lo adopt the going concern basis in preparing the financial statements.
Investment policy and objectives
The Charty's funds were held in current and savings bank accounts durin9 the 2024-2025 financial year.
Page 4

BOINGBOING FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MAY 2025
FINANCIAL RVrfIEW
ReseNes pollcy
The Trustees of Boingboing Foundalion have established a reserves policy which approprialety reflects
the risks lo which the Charity is exposed.
In reviewing the potentia5 costs that could arise should a SKJnfficanl reductK)n in income be incurred,
the Trusleeg have delemiined that il ￿ appropriate for unrestrided. 'free'. reserves to be mainta'ned at a
minimum of 3 mgnths.
Al 31st May 2025, the Chanty has accumulated unreslrth(I reseNes of £143,624," this provides cover
for more than 3 months of current operating costs The Trustees have agreed this position gNen the
development plans for the Charity in the following financial year, which will increase the expenditure and
operating eosts of the Charity-
The Trustees aclivety maro3e Boingkjing FoundatK)ns financgs so that an wJeqLBtg kvel of reserves is
maintained in compliance with the reserves policy. The Charity wll review reguLgdy both the sum rt wshes to
hold in reserves in unre5tricled funds and the basis for that figure.
FUTURE PLANS
We will further expand and develop our Co-research tsam wrth the aim lo ￿Qme Blackpool'$ Communty
Ctrresearch Hub. We will Stren￿en our staff slrudure with part time C¢¥roduction Vvorker roles.
We will k>ok at diversifying our incorne streams through facilrtalion and training seNces. Research
partnerships, heahh and local autPK•rity commissioning. and trusts and grants continue lo be c¢Jre components
of this strategy.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governlng document
The chari(y ss controlled by f(s governing document, a de&J of trust, and ¢onslitute$ a limited company, limited
by guarantse, as defined by the Corripanies Act 20C6.
Recruitment and appointmènt of new trustees
Under the requirements of the Articles of AssocN*ion there shall be at least th￿e Trustees and no more than
eight Trustees, of whom al least shall be Independent Trustees. During this period. one Trustee resigned
and one Trustee was appointed. retsining a lotal of four. Three Trustees are Inde￿ndent Trustees. Each
Trust￿, unless c*herwise disqualffied or remowj, shall retr.￿ from office al the first Trustee meeting lo be
held on or after the IhiTd anniversary of the commencement of his or her term of office. Retiring Trustees may
be Teappointed bul a Trustee who has served for three consecutive lemis of offti must lake a break fran
Offi￿ and rnay not be reappK)inted until the anniversary of the commenc￿ent of his or her break from office.
Arby person who k8 willing lo ad as a Truste&, and who would not be disqualrfied from acting under the
provisions of Article 26, may be appointed to be a Trustee by the Member giwng n(x1￿ in Writing to the
Charity.
AJI Trnslees gave their time volunlarity and rgwved no bonefits from charity.
Induction and Iralnlng of new trustees
en appointed. TTusl*s are involved in an induction pr¢xess and have the opportunty to attend training
and infom)ation eourses as necessary.
Related parties
Boingboing Resilience CIC is the sole member of Brynsth'rvJ FourK(ation and has e5tsblished the charity.
Whilst th8 Foundation is indepeNJent of Boingboing Resilience CIC, it wll unite wf(h il and their cdLaboratots,
to advance the concept ol resi1￿nce. Where appropriate, a Memorandum of Understanding andlor
partnership agreements will be established with any re￿vant part￿$.
Page 5

BOINGBOING FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MAY 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
13384036 IEr¢gland and Wales)
Registered Charity number
1194676
Registered office
Cornelius Hoijse
178-180 Church Road
Hove
East Sussex
BN3 2DJ
Trustees
S Denni5 Director (Tesigned 311101241
Dr F Farache Aureliano Da Director
Ms C Taylor-Beswick Chair
Dr B Kara Senior Research Fell
Ms P Wheeler lappoinled 4191251
A M Speighl lappoinled 4191251
B F R Bunting lappoinled 18191251
Auditors
Parkers
Chartered Accountants and Registered Auditors
Cornelius House
178-180 Church Road
Hove
East Sussex
BN3 2DJ
STATEMENT OF TRUSTEES. RESPONSIBIUTIES
The Iruslees (who ale also the directors of Boingboing Foundation for the purposes of company lawl are
responsible for preparing the Report of the Trustees and the financial slalements in a¢¢ordance wrth
applicable law and United Kingdom A¢￿UntIng Standards (United Kingdom Generally Accepted Accounting
pr￿t￿e1.
Company law requires the Iruslees lo prepare finanaal slalemenls Ic¥ each financial year. Under that law, the
Iruslees have decl￿ lo prepare the financial slalemenls in accordance with Unrted Kingdom Generally
Accepted Accounting Practice (Unrted Kingdom Accounting Standards and applicable lawl.
Under company law the trustees must not approve the financial statements unless they are satisfied that they
give a true and fair vw of the slate of affairs of the Charitable company and of the Incom1ng resources and
application of resources, includin9 the income and expendrture, of the charrtable company fcfj that pericKI. In
preparing those financial stalemenls, the trustees are Tequired lo
se* sultable accounting pdicies and then apply them consistently.,
observe the methods and principles in the Charities SORP,
make judgements and eslimales Ihal are reasonable and prudent.,
prepare the fi'nancial ststemenls on the going concein basis unless f( is inappropriate lo presume that the
charrtable company wll ￿ntInue in business.
The Iruslees are responsible for keeping proper accounting records which disclose wth reasonable ac¢ura¢y
at any lime Ihe financial posilK>n of the Charitab￿ company and to enable them lo ensure that the financial
statements comply with the Compan*5 Act 2006 They are a150 responsible for safeguardiryJ the assets of
the charrtable company and hence for taking reasonable slep5 foT the prevenbon and delectiL)n of Iraud and
other I￿egL11aritie$.
Page6

BOING801NG FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MAY 2025
STATEMENT OF TRUSTEES, RESPONSIBILITIES- conllnued
In so far as the trustees are aware..
there is no relevant audit inforrnalion of wh￿h the charitable company's audrtors are unaware., and
the Iruslees have taken 811 steps that they ought to have taken to make themselves aware of any relevant
audrt informatK>n and lo establish that the auditor5 are aware of that irfomation.
AUDITORS
The audrtors, Parkers, will be proposed for rewappoinlmenl al the forthcoming Annual General Meeting.
17fv7 2OZ6
Approved by order of the board of trustees on ............................................. and suned on its behalf by..
Dr B l(wa- Tru
Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
BOINGBOING FOUNDATICX4
Opinion
We have audited the financial stalernenls of Boinglxjing FoLJndthon Ilhe 'charitable company'l for the year
ended 31st May 2025 which comprise the Statement of Financial Aclivrties, the Balan¢e Sheet and notes lo
the financial slalemenls, including a summary of s￿n￿l¢an1 accounting policies. The financHI ￿pOrtIng
frdmework that has been applied in their preparatitsn Is applicable law and United KIr￿d0M Accounting
Standar(Is Iunited Kingdom Generally Accepted AccoLJnting Practice).
In our opinion the financk31 stalemenls..
give a true and fair view of the slate of the charitable company's affairs as al 31st May 2025 and of ils
Incoming resources and application of ￿sOUrces. including rts income and expendrture, for th& year then
ended",
have been prOpe￿Y propared in accordance with Unrted Kingdom Generally Accepted Accounting Practice..
and
have been Prepar￿ In accordance with the requirements of the Companies Act 2Q(E.
Basis for opinion
We conducied our audit in accordan￿ with International Standards on Auditing IUK) IISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditors,
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company in accordance with the ethical requirements that are relevant to our audit ol the financial
statements in the UK, including the FRC'S Ethical Standard. and we have fulfilled our other eth￿al
responsibilrt￿s in accordance wlh these requirements. We believe that the audit ev*Jence we have obtained
is sufficient and appropriate lo provide a basis for ¢)ur opinion.
Conclusions relatlng to going concem
In audrting the financial statements. we have concluded Ihal the Iruslees. use of the going concern basi5 01
accounting in the preparatK)n of the financial statements is appropriate.
Based on the work we have performed, we have r￿1 identified any material uncertainties reL41ing lo even15 or
conditions that, individually or collectively, may cast signrficant doubl on the charitable company's ability lo
continue as a going concem for a period of at least ts¥e￿e months from when the financial slalements are
aulhofised for issue.
Our responsibilities and the responsibilities of the trustees wlh respect to going concem are described in the
rdevanl sections of this report
Other Infomiation
The trustees ale responsib￿ for the otheT infomialion. The other informalK>n comprises the infomation
induded In Annual Report, other than the financial statements and Report of the Independent Auditors
thereon.
Our opinion on the financial statements does not cover the other infomalion and, except lo Ihe extent
otherwise eXplic￿Y slated in our report, we do not express any fom of assurance conclusion there￿n.
In connectK)n with our audit of the financial statements, our responsibility is lo read the other infornialion and,
in doing so, consider whether the other infomation is materially inconsislenl with the financial Statements or
OUT kn￿¥ledge obtained in the audit or otheTwise appears to be materi8lly misstated. If we Klenlty such
material inconsistencies or 8pparent material misstatements, we are required to determine whether this gives
rise lo a material misstalemenl in the financial statements themselves. If, based on the work we have
performed, we conclude that there is a material misslalement of this other informalK)n, we are required to
reKL)rt that fact. We have nothing lo report in this Tegard
Opinions on other matters prèscribed by the Companies Act 2006
In our opinion. based on the worf< undertaken in the course of the aLJdil".
the information given in the Report of the Trustees for the financial year for which the financial statements
are prepared Is consislenl wlh the financial statements., and
the Report ofthe Trustees has b￿n prepared in euordance with applicabk ￿al requirements.
Page 8

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
BOINGBOING FOUNDATION
Matters on vthlch we are required to report by exception
In the light ol the kn￿edge and understanding ol the charitable company and ils environment c*Jlained in the
rse of the audit, we have not Klentffied material m1$stst￿ents in th8 Report ofthe Trustees.
We have nothing lo report in respect of the folbwing matters whgre the COmpan￿S Act 20C6 requires us lo
report lo you rf, in our 4)inion'.
adequate accounting records have not been kept or retums adequate for our audit have not been ￿1Ved
from branches not visrted by us., or
the financial statements are not in agreement with the a￿oUntIng records 8nd returns.. or
certain disclosuie5 of trust￿$. rernunerat￿n specrfied by law are not made., or
we have not received all the information and expknab'ons we require lor our audrt., or
the trustees were not entitled lo lake advantage of the small companies exemption from the requiremenl lo
prepare a strat￿lC Report or in preparing the Report ofihe Tfustees.
Responsibilitigs of trust
As explained more fulty in the Statement of Tntstees, Responsibilibes, the trustees {who are also the directors
of the charitable company for the pU￿oSe$ of eompany lawl are responsib￿ for the preparation of the
financial stslements and for being satisfied that they give 8 true and fair view. and for such internal Control as
the trustees deterniine is necessary to enable the preparation of finanaal sktemenl¥ that are free from
material misstatement, whether due lo fraud or error.
In preparing the finanryal statements, the trustees are responsib￿ f(x assessin9 the charitable company's
abili(y to continue as a going concern, disclosing. as applicable, rnatters related to going coneem and usin9
the going concern basis of a¢counting unless the Iruslees either intend to liquidate the charrtable company or
lo cease operattons, or have no realistic akemats've bul to do so.
Page 9

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
BOINGBOING FOUNDATION
Our responslbllities for the audit ol the financial Statements
Oui objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due lo fraud or error, and to Issue a Report of the Independent Auditors
that include5 our opinion. Reasonable assurance is a high level of assurance. bul i5 nol a guarantee that an
audit conducted in accordance wrth ISAS IUKI will always delect a material misslalemenl when il exists.
Misslatemenls can arise frLYn Iraud or error and are considered material if, ind1vKlual￿ or in the aggregate,
they could reasonably be expected lo influence the economic decisions of users taken on the basis of these
financial slatemenls.
The extenl to which our procedures are capable of detecting irregulari(ies, including fraud is detai￿ below..
Based on our understanding ol the charrty and industry, we identffied that the principal risks
non-¢ompliance with laws and regulations related lo the charrty commissK)n, and we considered the extent lo
which non-compliance might have a material effecl on the financial stalemenls. We also considered those
laws and regulations that have a direct impact on the preparation of the financial $18lements such as the
Companies Act 20(E. Vve evaluated management's incentives and oppOrtun￿leS for frauduler)I manipulation
Df the financial 51alements (including the risk ol override ol ¢onlrolsl and determined that the principal rLsks
were related lo donations and legacies, where there may be incenlwe for manipulation of over5taled
donations and legacies. Audrt procedures performed by the engagement team included.
Discussions with management, includin9 consideralh?n of known or suspected instances of non-compliance
with laws and regulation and fraud, and
Identifying and testing jourrial entrie5, In part￿ular any pumal entries posted wrth unusual ￿CoUnt
combinations including joum81 entries which inflated the Company's resums for the period wlh unusual offset
entries and journal entries impacting work In progress with unusual offset entries to deted 8ny unusual
capitalisation of ¢osls.
There are inherent limitations the audit procedures described above and the further remtsved
non-compliance wilh laws and regul*ions is from the events and transactions rellected in the financial
slalemenls, the less likely we would become aware of It. Also. the risk of not detecting a material
misslalernenl due to fraud is higher than the risk of not detecting one resulting from error, as fraLJd may
involve deliberate concealment by. for example, torgery or intentional misrepresentalKins, or through
collusion.
A further description of our responsibilities for the audi( of the financ4al 5talernenls Is located on the Financial
Reporting Council's website at ww.frc org uklaudilors￿s[￿)￿slbIlI1les. This descriptson fomis part of oui
Report of the Independent Auditors.
Use of our report
This report is made solely lo the chari(able c(mpany's members, as a body. in accordance wlh Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate lo the
charrtable company's members those rr￿tter5 we are required to stale lo them in an audrtors, report and for
no otheT purpose. To the ful￿St extent permitted by law. we do not ac￿pt or assume responsibility to anyone
other than the charf(able company and the charitable company's members as a body, for our audrt wotl(, lor
this report, or for the opinions we have fOrrn￿.
Annette Watson PhD Bsc FCA (Senior Slalulory Auditor)
for and on behalf of Parkers Parkers
Chartered Accountants and Registered Auditors
Cornelius House
178-180 Church Road
Hove
East Sussex
8N3 2DJ
17fvi *Vkl[i."h 2(;£6
Page 10

BOINGBOING FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MAY 2025
2025
Total
fund5
2024
Total
funds
as restsled
Unrestricted
fund
Restr￿ted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and *acies
131.038
17.965
149,￿3
153,254
Investrnant inccyng
4.299
2,241
Total
135,337
17.966
153.302
155,495
EXPENDITURE ON
Charbtable activities
Resilience, research and practice
160N44
20.521
180.965
154.553
NET INCOMEIIEXPENDITUREI
125,1071
(2.556)
{27.6631
RECONCIUAnON OF FUNDS
Tolal funds brought forward
183,983
3,487
187,470
186,528
TOTAL FUNDS CARRIED FORWARD
158.876
931
159,807
187,470
The nc*es fom part of these finanual statements
Page11

801NGBOING FOUNDATION
BALANCE SHEET
31ST MAY 2025
2025
2024
as reslaled
FIXED ASSETS
Tangible assets
788
3,268
CURRENT ASSErs
Debtors
Cash al bank
6,94S
189,699
6,515
218,371
196,644
224,886
CREDITORS
Arnoun15 falling due within one year
137,6251
{40.6841
NET CURRENT ASSETS
159.019
184,202
TOTAL ASSETS LESS CURRENT
LIABILITIES
159007
187,470
NET ASSETS
159,807
187,470
FUNDS
Unrestricted funds
Reslrrled funds
11
158.876
931
183.983
3.487
TOTAL FUNDS
159.807
187,470
These financial slalemenls have been prepared in accordance with the provisions applicable lo charrtable
companies subject to the small companies regime.
Th financial statements were approved by the Board of Trustees and authorised for issue on
B Kara - Trustee
The notes form part ofthese financral statement5
Page 12

BOINGBOING FOUNDATION
NOTES TO THE NNANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2025
ACCOUNTING POLICIES
Basis of pr8parlng the financlal ststements
The financial ststements of the charitable company, wh￿h is a public benefrt enlty under FRS 102,
have been prepared in accordance wf(h the Charrties SORP {FRS 1021 'Accounting and Reporting by
Charities.. Statement of Recommended Praelice applicab￿ lo charrties preparing their Iccounts in
accordance with the Financial Reporting Standard applicab￿ in the UK and Republic of Ireland IFRS
1021 (effective 1 January 20191,, Financial Reporting Standard 102 The Financial Reporb"ng Standard
applicab￿ in the UK and Republic of Ireland. and the Companies Ad 2006. The finanaal statements
have been prepare(l under the historical cost convenlh)n.
Income
All incomo ￿ recognised in the Statement of Financol Acliwties onee the charity has entrtlemenl to the
funds, rt is Pfobable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recc>Jnised as expenditure a8 S(K)n as there is a kgal or conslructwe obligation
committing the ¢harty lo that expendf(ure, tt 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 a￿nIal$ basis and has been classffied under headings that aggwate all cost
re￿ted lo the colegory. Mhere costs cannot be dIr￿tty attributed to Part￿VIar headings they have been
albcated lo activiltes on a basis cOns￿nt with the use of resources.
Tanglble fixed assets
Deprecralion is provided at the folbwing annual rates in order to wrrte off each asset over it5 es*'mated
useful life.
Taxatlon
The charity is exempl from ccYporatKJn tax on ts charitable activitigs.
Fund accoun￿ng
Un￿SIr￿ted funds can be used in Xe0rdan￿ wrth the charrtable objeclwes at the discretion of the
trustees.
ReStr￿ted ftjnds can On￿ be used for particular restricted purposes wlhin the objects of charity.
ReStr￿110nS arise when Spe￿fi￿ by the donor or when funds are rais&J for particular resth.cted
purposes.
Further explanation of the nature and purpose of each fund is *)cluded in the notes lo the financial
statements.
Pen$lon costs and other post-retlrement beneffts
The charrtable company operates a defin&l cclttribulion wnsion scheme. Contributions payab￿ lo the
charitable company's pension ￿hOMe are charged to the Statement of Financkgl Activiu'es ￿ the
period lo which they relate.
Page 13
continued...

BOINGBOING FOUNOATION
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MAY 2025
INVESTMENT INCOME
202S
2024
as
restated
Deposit account interest
4,299
2,241
NET INCOMEIIEXPENDITUREI
Net incomellexpendrturel is staled after chargingll¢redthngl:
2025
2024
as
reslaled
Audrtor5' remuneration
Other non-audil services
Depreciati￿ - owned assets
2.784
242
2,481
2,480
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, ￿MUneratiOn or ctheT benefits for the year ended 31st May 2025 nor for the
year ended 31st May 2024.
STAFF COSTS
The aver¥Je monlhty number of employees during the yearwas as folbw5'.
2025
2024
as
restated
UK staff
11
No employees received emluments in excess of £60,000.
PRIOR YEAR ADJUSTMEpir
During the year, the trustees idenlffied that slaff wages relating lo the delwery of the charity's charrtable
acttvitieg had been incorrectly allocated to raising funds expendrture in the prior period.
The error arose due to a misclassffication in the nominal ledger and did not affect total expendrture, net
movement in funds, or total funds. The adjuslmenl has been made by re¢las5fying the relevant staff
costs from raising funds to charitable actiwlies within the Statement of Financial A¢tivrties for the
comparative period.
Comparative figures have been restated accordingly There is no impact on the charity's total incoming
resource5, total expenditure, or closing fund balan￿$ for the prior year.
Page 14
¢￿tinUed...

BOINGBOING FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MAY 202S
TANGIBLE FIXED ASSETS
Computer
equipment
COST
Al 1st June 2024 and 31st May 2025
7A41
DEPRECIATION
Al 1st June 2024
Charge year
4.173
1480
Al 31st May 2025
6,653
NEf BOOK VALUE
At 31st May 2025
788
At 31st May 2024
3,268
DEBTORS.. AMOUNTS FALUNG DUE WITHIN ONE YEAR
2025
2024
as
restated
Trade debtors
Prepayments and accrued income
205
6,740
6,515
6,515
CREDrroRS: AMOUNTS FALLING DUE MTHIN ONE YEAR
2025
2024
restated
Socral secunty and other taxes
Olh8r creditors
Accruals and deferred inccffie
1,833
657
35,135
311
37,469
37.625
40,684
10, ANALYSIS OF NET ASSETS BETWEEN FUNDS
2026
2024
as
re51aled
Totsl
funds
Unrestricted
fund
Reslrided
funds
Total
fiJnd5
Fixed a35els
Current assets
Current liabllrt￿S
788
195.713
137.6251
788
196,644
{37,625}
3.268
224,886
140,6841
931
158.876
931
159,807
187.470
Page 15
ortinued...

BOINGBOING FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- Continued
FOR THE YEAR ENDED 31ST MAY 2025
11. MOVEMENT IN FUNDS
Net
movement
in funds
At
3115r25
At 116124
Unrestricted funds
General fund
183,983
125,107
158,876
Restricted funds
NIHR- Research Ready Cunmunilies
Pilot Lancaster
Fylde Coast Research Consortium
Research Collaboi*or Project
Lottery
931
931
1,820
1,667
11,8201
11.6671
3,487
931
TOTAL FUNDS
187,470
127,6631
1S9,807
Net movement in funds, included in above are as follows..
Incoming
resources
Resources
expended
Movement
In funds
Unreslrf¢ted funds
General fund
135,337
1160,4441
125.1071
Restricted funds
NIHR - Research Ready Communities
Pilot Lancaster
Fylde Coast Rewdrth Consortium
Research Collaborator Project
Lottery
6,517
{5,5861
931
11,448
113,2681
{1,6671
11,8201
11.6671
17.965
120,5211
12.5561
TOTAL FUNDS
153.302
1180.965}
127,6631
ComparatNes for movement in funds
movemènt
in ftjnds
Al
3115r24
At 116123
Unrestricted funds
General fund
186,528
12,5451
183,983
Restricted funds
Fylde Coast Research consorb.um
Researeh Collaborator Proiect
Lottery
1,820
1,667
1.820
1,667
3,487
3,487
TOTAL FUNDS
186,528
942
187,470
Page 16
continued...

BOINGBOING FOUNDAmOP4
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MAY 2025
11. MOVEMENT IN FUNDS - contlnued
Comparative net rTtr)vement in fijnds, incI￿￿ed in the above are as fdk)ws".
Incoming
resources
Resources
expended
Movanent
in funds
Unrgstrictgd funds
General fund
136,974
1139,5191
12,5451
Rgstricted funds
Fylde Coast Research Consorbum
Research Collaborator Project
Lottery
8.521
10,0
16,701}
18,3331
1,820
1,667
18,521
{15,0341
3,487
TOTAL FUNDS
155,495
(IS4,553}
942
12. RELATED PARTY DISCLOSURES
There were no reL4ted paty Iwsactions for the year ended 31st May 2025.
Page17