The Compass
(Charitable Incorporaled or%*nisationl
Annual r¢wrt and audit¢d financial stat¢ments
Year ended
31 Ma￿h 2025
R¢gis¢¢r¢d tharity number". 119S270

The Compass
Annual report and UDaudited finanual statements for Ihe y￿r ended 31 March 2025
Contents
Page:
34
Report of the Trustees
Statrm¢nt of Ttustrcs, R¢sponsibilits'cs
Jndcpcndent Examiner's Report
Statement of Fmancial Activits'cs
Balanr£ Sheet
Notes fom]in8 part of th¢ Financial Statem¢nts
The ftIllowiDg pa8e does not forni part of the statutory accounts
10
De￿Ied Statement of Financial Athvities

The Comp*
Report of the Truste¢s for the yegr ended 31 Mxreh 21125
Number. 1195270
Governin
document
Th¢ ¢harity is a Charitable Incorporated OrgantsatioR
Trustees
M Adams
D Balshaw (Chair)
C Bilton
Ke Exe¢utives and Professional Advi8ers
lldent ExamiLer Clive Bury, 55 Links Avenu4 Felixstow4 IPI19HE.
Corres
ndeo¢e Addre&8 26 Co]neis Rort FcliL%towe, IPI19HF
There were no r¢lat¢d paty transactions
Risk mana
The trustees have considered the major risks to which the charity is exposed. have reviewed them and consider that
suitoblesystems are inplace to mitigatethoscrisk5.

The Compass
Report ofthe Trustees for the year ended 31 March 2025 (condnued)
Mission Statement
The objects of the charity are the prevention or relief of y)vety in Felixstowe and the surrounding area by providing
s¢rvi¢¢s to indivtduals in need and to such othcT cbarttablc purp05ffj accordin8 to the law of En8land and
Wal¢s as the trustees shall decid¢.
Ob'e¢livw and Actfvhles for tbe Publk Benefit
The Trustees have considered th¢ Charity Commissions guidance on public benefit when setting the objectives for th¢
year. The Trnstees confirni that they have e4)Tnplied with the duty in ￿tIOn 4 of the Charities Act 2011.
ACHIEVEMEiYf AI¥D PERFORMANCE
The charity launch￿ in April 2021 with three of whom are Felixstowe residents of many years. attend
local churches and Ca￿ d¢¢ply for the communty. Until February 2025 the Senior C4)mmunity outr¢ach worker was a
volunteer, also there was one part tim< paid m¢mber of sthff and a number of trained volunte¢rs who are all DBS
check￿. Thereafter there are two. part time. paid eommvnity oulreach workffl5.
The aim is to improve quality of lif¢ for families andlor individuals by providin8 SUPFK)rted signw)stingladvw to
SpeCi￿1$t services. enabling online form-filllng and improving life skill4 e$￿claI]Y around budgeting and money
management These services are providcd frcc of charge to anyone who resides tn Felix5towe (IPI I).
The Compass accepts refcrrats from statutory. voluntary and dwilable organisations. so the needs are wide.rdnging.
The main staknt()ry referral agency in recet)t times has been GP practices. There have been over 2(K>
individualslfamilies referred sinc¢ launch. Increasingly, as we have b￿rne knowru we are receivTng referrdls
from friends 2nd f2mily memiws we have worked wtth previously.
The teaTn has specialist knowledge omund money rn8nagemenL ￿uCatio￿ housing and much more. Initial
contsct can require provision of emergency food and fiTel vouchers.
The Compass community outr¢a¢h worke[5 (and supportirftg volunt¢¢rs} wotk holi5ticalty with Servi￿ user,
within their whole lifclfamily setting. Service-users are asstgned a specific outseh worker and always face-tO*face
appointments- increasingly rare these days. We may work with an individual for a few weeks or. in some cas¢s, a
few years. They will remain on the weload while there is 'traction'. and can return if their life situatiotTr ¢hang¢s.
The Compass has helped income deprived servÉce users fuwicially through a numl*r of f￿n&9- namely Rope Trns(
Felixstowe Relief Charlty, LWAS and Hou5¢hold sup￿￿ GranL
In thc year to 31. March 2025 unrestricted in¢oJne £14￿95 (2024:£&833) of and unr¢strict¢d expendttttre was
£19,422 (2024: £19,016X resutting in Unrestrict￿ reserves at 31 st March 2025 of £12,176 (2024: £7.003).
Addttionally in the year to 3 1 March 2025 restricted income £14864 (2024:£13 J88) and restri¢t¢d ext*nditu
was £16A32 {2024: £12.435). Tesulting in Testricted Teserves 8t 31 st March 2025 of £3376 {2024.. £4.944).

The Compass
Report of the Trustees for the y¢4T ended 31 March 2025 (continued)
ALyc￿ REv￿w
Reserves Poli
and Goi
Concern
As stated in the fmancial review E¢low the reserves are currently staDding at a satisfactory level. It is the trustres, 4im
to maintain reserves atareasonable level toensurethe longterm financial security ofthe organisation.
The Board of Trustees have considered the heatth of the balance sheet and the budget for the forthcoming period in
reaching the conclusion that it is appropriate to prepare the accounts on the going concern basis.
Plans for the future
The Ch￿Ity'S aims for the future to increase its visibility within the Felixstow¢ area.
STATEMEIYT OF TRUSTEES, RESPONSIBILITES
The trustees are responsible for keeping sutTi¢i¢nt accounting records that disclose with r¢asonable accuracy at any
timc the f￿an01a1 w)sition of the Charitable IncorFKTrrated Organisation {CIO). They meet regularly throughout the
year to review managem¢nt accounts. They are also responsible for safeguarding the assets of the CIO 8nd hence for
taking reasonable steps for th¢ prevention and ddection of fraud and other irregularities.
1% and signed on their behalf by:
This r¢port w&$ approvcd by the on........ . .
aw- Chair of Trustees

EPENDENf EXAMINER'S REPORT TO THE TRUSTEES OF THE COMPASS
I report on the accounts of the charity for the year ended 31 March 2025, which are s¢t out on pag¢s 7 to 9.
Respectiye responsibilities of lrnstees and eAxminer
The trustee5 art rtsponsiblc for the P￿paration of the accounts. The trustee5 COD5ider that an audit is Dot required for
this pcriod under Section 144(2) of th¢ Charities Act 2011 (the 2011 Act) aud that aD independent ¢xamination is
needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent
examination, it is my responsibilty tr):
(i) examine the accounts under section 145 of the 2011 Act
(li) to follow the p￿￿edureS laid out in the geneA71 Directions given by the Charity Commission und¢r section
145(5Xb) ofthe 2011 ACL alld
(iii) to state wh¢ther wti¢ular matters hav¢ come to my attentiorL
Bwsis of ind¢peRdenl tJarnitter'y report
My examination was wried out in a￿rdance with the general Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and x eomparison of the accounts
presented with those records. It also includ¢s WD5ider&tion of any unusual items or disclosures in the accounts, and
seeking explanations from you #s trustees COTtceTning any such matte¥s. The priThlures undertgken do not provide all
the evidence that would required in an audit and consequently no opinion is giv¢n as to whetherthe accounts present
a'true and fair view. and the report is limited to those matters set out in the statement below.
Independent ex2mtner's sthtemellt
In conne¢tion with my examinatioTL no matter has come to my attention:
(a) which gives me re&8onable cause to believe that in any maierial respect the requirements..
(i) to keep a¢¢ountin8 records in accordance with section 130 of the Companie5 Act 2011 as amended. and
(li) to prepar¢ aca)unts svhi¢h accord with the accounttng records, wmply with the accounting reqU1￿ments
of the Act
have not been
(b) to which, i
counts
eLor
my Opinio￿ attention should drnvm in Order to enable a proper understanding of the
bc reac
Clive Bury
55 Linkg Avenue
Felixstow¢
IPII 9HE
Dated

Statement of fman¢ial a¢¢ivitses IJ¢or￿￿1Bg the income aRd expendi¢Jre a¢¢ounl for the year ended 31
March 2025
2025
2025
2025
Totsl
2024
Intome
Income from charitable actlvities
14*4
39.459
22,221
24J)5
14064
39.459
22.221
Expenditure
Expenditure on charitable activi
19A22
16A32
35*54
31.451
Total expenditsre
19A22
16A32
31.451
Net incomiryl(outgoing) resources
173
(1568)
3ffj05
(9230)
Balallce blfvd tsl Aprll 2024
7m3
4944
11947
Balance dhyd 31 MaT¢h 2025
12.176
3J76
IS552
The no*s on page 9 forni of these financial statem

The Compgss
Balan¢e sheet ai 31 March 2025
Current *gsets
2025
2024
Cash at bank and in hand
15552
11,947
Net ¢urr¢nt assets
IS￿52
11,947
Total assets lesry ¢urrent liabiliti
15552
11,947
Totsl nel Issets
15552
11,947
Repres¢nted by
Un￿StrICted Funds
1SJ52
11,947
Restricted Funds
Total fun(L%
IS552
11,947
The Chartties Act 2011 requires the tntstees to prepar¢ knFal statanents for financial period which give a
true and fair view of the state of 2ff8irs of the CIO and of the surplus or defictt of the CIO for that peri(Kl. In
preparing these finAncial statements the t￿￿eeS wuired to:
Select suitsble ac¢ounting Polici￿ and appty them consistentty
Make judgements and estimgles th&t are reasonable and prudent
Prepare fin8ncial ststem¢nts on the going cotKern b&sis uDless it is inappropriate to presum¢ that th¢ CIO
will continu¢ in existence
stste whether applicable accounting th￿ardS and statements of recotnmended practice have been followed,
subject to gny depart￿ disclosed and explained in th¢ financial statements.
The rtn4n¢￿ strtements were approved and authorised for isslle by the TTUStees of the CIO on
D Balshaw Chair of Tn￿￿¢S

The Comp￿5
Notes to the financial ststements for the year ended 31 March 2025
I. Ac¢ouD¢iHg p)licies
A¢¢ouuting convention
The financial ststements have been pwared under the historical cost convention, and in accordance with the
Accounting and Re￿>rtIng by Charities Ststement of Recommend Practic¢ applicable to Charities preparing
their accounts in accordance with the Fin3nci81 Rep)rting Standard for Smaller Entities (effective January
2015). The accounts have been prqmred on the golng concern basis as explained in the TnL%te¢s report.
Income from charÉtsble aettvit
Income from charitabk activiticsatr includ04 in full in incomewhen Te¢¢ived.
Expendithre
Expenses are included in the Ststementof Financial Activities on a cash basis and are allocated totheparticular
activity to which the costs relate. Governance costs include those Costs associated with meeting the
constitutional and statutory wuirements of the charity and include the costs linkol to the strategic
management of the charity.
All costs are all(Kated b&ween the ex￿nd1th categories of the StatemeTrt of Finan¢ial Activities on 8 basis
designed to reflect the use of resourc￿.
2. Income from ¢haritable aetfviti
2024
Income froln charitable activitie5
24595
22,221
Eipenditure on charitsbRe gdivilies
Restricted
2024
Expenditure on clwitabl¢ activities
19A22
16832
31,451
4. Tr41At*eA? Rgmuike¥*tioD And B•A•frt8
Nonc of the directors received any remuneT2tion during the ￿lIK1.
Trnsteej, eipeDses
Non¢ of the directors received reimbu￿ ex￿￿.
S. Related party tr8nsadioMs

The Compass
DETAILED STATEMENT OF FINANCIAL AcIivrrIES FOR THE YEAR ENDED 31 MARCH 2025
2025
2025
2025
2IT24
ltteome
Gr￿ tE¢eiv¢d
Fundraising
Donations
19,7XI
732
4,113
34,614
732
113
20,847
1,024
350
Total income
24595
39.459
22221
Expenditllre
Emergency supplies
Hospitality & Gt115
Administrative costs
Salary costs
IT costs
293
IV32
16.725
13.027
7.022
11.933
174
7,022
11,933
174
6,330
11.960
134
Total expenditure
19A22
16,432
35354
31.451
io