Tbe Compass (Charffttable InrpOted organi8atloD) Annual reN>rt and unaudittyj finan¢ial statements Year ¢nded 31 M8r¢h 2026 Registered ¢baR4ty number 1195270
The Comp&48 Anttugl report and unaudited financial glatements for the year ended 31 Mareh 2026 Contents 34 Rewjrt of the Tnlstees Ststemcnt of Trustecs. Responsibilities Independ¢nt Examiner's Report Ststement of FinwKial Activities Balanc¢ Sheet Notes fonning part of the Financial Statements The following pAge does not forni part of th¢ statutory accounts Detail¢d Ststemcnt ofFinancAal Activities io
The Comp Report of the Tntee& for the ye•r ended 31 mAh 2026 LEGAL AND ADMINtSTRATIVE INFORMATION Chgri Number. 1195270 Gov rnln ocumtnt The charity is a Ctthritsble InwTated Ckganisation Tru M Adams D Balshaw (Chair) C Bilton J Baker lldent E mi Clive Bury 55 Links Avenu F¢lixstow4 IPI 19HE. Cor odene Add 26 CoiD¢iS RO Fclixowc, IPI19HF Related rties "I"here were no related paty transactions isk eme The trustees have ¢onsid¢r¢d th¢ major risks to whi¢h the ¢harity is expK)591 have reviewed them and ¢onsider that suiiable systmsare in placetomiligatethoserisks.
The Compass Report ofthe Trns¢tts for the yeAr eDded 31 March 2026 (conilnued) OWECTIVES PURPOSE AND AVITIEs Mission SÉatem¢Dt The objects of th¢ charity are the prevention or relief of poverty in Felixstow¢ and the surrounding area by providing services to individuals in need and to fiuther such other charitable purposes, acrdIng to the law of England and Wales. as the trnstees shall decide. b ectiveg and Activities for th bli¢ Benefit The Trnste¢s have wn5id¢red th¢ Charity Commissions guidance on public benefit when settin8 the objectiv¢s for the year. The Tntste¢s confirn) that they have complied with th¢ duty in section 4 of the Charities Act 2011. ACH VEM TAND RMANCE The charity launched in April 2021 with four trustee4 a]1 of whom are F¢lixstow¢ residents of many years. attend loc81 ¢hurch¢s and care deeply for the community. Th¢r¢ arc two. time. paid community outreach workers. The aim is lo improve quality of life for families anIOr individuals by providing supported signpostingladvoeacy to specialist services, ¢nublin8 onlin¢ fomi-filling and improving life skills, especially around budgeting and money management. These services are provided free of ¢harge to anyone who resides in Felixstowe {IPI I). The Compass a¢¢epts referrals from statytory? voluntary and charitable OrganitiOns. so the needs are wid¢-ran8ittg. The main statutory refml agency in rent times h&$ been GP practices. There have been over 300 individualslfamilies rcferred since18un¢h. Increasingly. Ls we have become better known, we are rec¢ivin8 r¢ferrals from friends and family m¢mbers w¢ have worktd with previously. The ieam has specialist knowledge around money managem¢nL benefits, education, housing and much more. Initial ¢ontact ¢an rcquire provision of emergency fo4 and fuel vou¢hers. The Compass community Outreach workers (and supporting volunteers) work holistically with ¢ach seryice uscr, within their whole life/family setting. Serytce-users a assi8n¢d a swific outreach worker and always face-tO•face appointr]cnts- in¢rcasingty rare these days. We may work with an individual for a few w¢eks or. in some cases, a few ye. They will remain on the ca3¢load whil¢ there is 'traciion', and return if their life situation changes. The Compass has helped income dcprived s¢rvice users fanciallY through a number of funds - namely Rope Trust. Felixstowe Relief Chaiity. Suffolk Community Trng4 Fast Suffolk Council, Row Club, Lions Club and Felixstowe Town Council. In the year to 31* March 2026 unrestricted income was Ll5,449 (2025:£24,595) of and unrestricted expendire was £33,723 (2025.. £19,422), resulting in unrestricted reserves at 3 1st March 2026 of £13,903 {2025: £12,176). AdditionAlly in the year to 31" March 2026 restri¢¢ed income was £6,192 (2025:£14,864) and restricted expenditure w&s £6,429 (2025.. £16,432). resulting in restrict] reserves at 31 st March 2026 of £3,139 (2025.. £3.376).
Th¢ Comp& Report of the Trustee8 for the yeydr ended 31 March 2026 (coThtsnued) R¢serves Poli and Goin Concer As stated in the FanCIal revi¢w below the reserves CUentlY standing at a satisf8¢tory level. It is the trust¢¢s' aim to maintain reserves at &re4sonabl¢ leveltoensure th¢ long tenn financial security ofthe organisation. The Board of Trustees have considered the health of the balance sh¢¢t and the budget for the forthcoming period in reaching the conclusion that it is appropriate to prepare the accounts on the 8Oill8 concern b&%is. Pl¥ns for the future "lThe charity's aims for the future aft to in¢regse its visibility within the Felixstowe are& STATEME OF TRUSTEES, RESPONSJBILITES The trnstees are responsible for keeping sulTicicnt accounting records thai disclose with reasonable UracY at any time the financial wsition of the Charitabl¢ Incoryrated Organisation {CIO). They meet regLElarly throughout the Y to review management ac¢ounts. They ar¢ also resp)nsibl¢ for safeguardin8 the assets of th¢ CIO and h¢nce for takin8 r¢a80nabl¢ steps for th¢ prevention and detection of fraud and other IegUlaritIes. This report was approved by the trustees on.. and signed on their behalf by: Balshaw- Chair of Trustces
INDEPENDEiwf EXAMINER'S REPORT TO THE TRUSTEES OF THE COMPASS I report on the Ounts of th¢ Charity for the year endol 31 March 2026. which set out on pages 7 to 9. Rfspeclive resp)n8ibilities of triistees and examiner The knstees ar¢ responsible for the preparation of the aecounts. The trustees constd¢r that an audit is not r¢quired for this period under S¢clion 144(2) of the Chariues Act 2011 (the 2011 Act) and that an independent examination i8 needed. Having satisfied myself that the charity is not subject to audit Under company law and is eligible for independent examination, it is my r¢sponsibility to: (i) ¢xamin¢ the ac¢ounts under section 145 of the 2011 A¢t (li) to follow the prdureS laid out in the genernl Directions given by the Charity Commission und¢r section 145(5Xb) of the 2011 ACL and (iii) to stat¢ whether t*rticulaT matters have come to tny attention. B48ts of IndepeDd¢n¢ examlDer'$ report My examination was carried out in 8¢wrdantt with the general Directions given by the Charity Commission. Ark examinatton includes a review of the OuntIng r$ kept by the charity and a comparison of the accounts prcsented with thosc r¢cords. It also includes considcraiion of any unusual items or disclosures in the Aceounts and seeking explanations from you tnLYtces concerning any such matters. The procedures und¢rtak¢n do not provide all the evidence thal would required in an audit and consequenily no opinion is given as to whetherthe accounts present a 'true and fair view, and the rep)rt is limited to those matters sel out in th¢ stAtem¢nt below. Independent eMIller,9 gtstemetht In connection with my examination. no rnatter h&s come to my attention: (a) which gives me reasonabl¢ cause to believe that in any material respe¢t the r¢quiTements.' (i) to keep accountin8 records in a¢wrd4nce with 110 130 of th¢ Companies Act 2011 as amended. and (li) to prepar¢ accounts which acwrd with the trxounting records. LX)mply with the aceounting Trquirements (Trf the Act have not b¢on m¢t' or (b) to which. in my optnion, attention should be drawn An order to enable & propcr understsnding of the account5 to k reached. Clive Bury MAAT 55 Links Avenue FelixA¢owe IPII 9HE Dated
The Compa&4 Statsmene of financial activitseJ iD¢orporatiDg the intome and expenditure t¢ount for the yeAr ended 31 March 2026 Note 2026 2026 2026 Totsl 2025 Income Income from charitable activities 35,449 192 41.641 39.459 Totsl Income 35,449 192 41,641 39.459 Expenditure Expenditure on Charitable activities 33,722 6829 40,151 38,854 Total expendi¢u 33,722 6.429 40.151 38,854 Net In¢omillW(oiit8oing) re8ourt¢4 1,727 (237) IA90 3.605 BAIAnee blfwd 1st Aprll 2025 12,176 3J76 15552 B818nee ¢Jfivd 31 Mr¢b 2026 13,W3 3,139 17,1H2 Th¢ notes on page 9 forni part of thes¢ financial statements.
The Comp Bslance ibeet at 31 Mgreh 2026 CunTnt aMets 2026 2025 Cash at bank and in hANI 17,IM2 15.552 Net current 9$8ets 17,042 15.552 Total assets le88 current li•bilities 17.042 15,552 Totsl nel &8sets 17.042 15.552 Represented by Unrestricted Funds 17.042 15.552 Restricted Funds Total fuDd8 17.042 15,552 The Charities Act 2011 requires the trusttts to prepare financial statements for each financial period which give true And fair view of the slate of affairs of the CIO and of the surplus or deficit of the CIO for that period. In preparing these financial statements the trustees ar¢ requirvj to: Select Suitable accounting poli¢ies and apply the4n consistently Make judgements and estimates that gre reasonable and prudent Prepare financial statem¢nts on th¢ going wn¢ern basis unless it is inappropriate to presume that the CIO will continue in existence State wh¢ther appli¢able a¢wuntin8 Standjrds and 5tatcm¢nts of rKomm¢nded practice have been followed. subJt to any maierial departtm disc105ed and explained in the financial statements. The financial statcm¢nts were approved and 4uthori.sed for Ie by the Truste of CTC) .- and were Sign on its IKhAJfby: D Baishaw Chair of Trustr¢s
The Comp&s Notes to the Ilnanelal ststemellts for the year ended 31 Mareh 2026 I. Accounting polieies AccouDting conventio The fmanciai statements have been prepared under the historical c05t convention, and in accordance with the Accounting and Rewrting by Chartties Statement of Recommend Prnctice applicable to Charities preparing their accounts in accordance with the linanci81 Rew)rting Standard for Smaller Entities (eff¢ctTve January 2015). The aUnts have been prepared on the 80ing concern b&sis as explained in the Trustees report. IDeoM¢ from ebaritlAt activltks Income from charitable activities ar¢ Includ in full in incomewhen re¢¢ived. EzpendÉtur¢ Expenses are includcd in the Staiement of Ftnancial Activities on a cth basis and are allocated toth¢ parti¢ular livity to which the costs relate. Governance Costs include those costs associated with meetin8 the Constitution and statutory reqU1ments of the charity and include the wsts linked to the strategic mana8cm¢nt of thc chanty. All costs are allocated ttw¢¢n th¢ expenditure ori¢s of the Statement of Fin&ncia] Activities on a basis d¢si8n¢d to reflect th¢ use of resouwes. 2. Ineome from eb#ritAbk a¢tivitie# Unr¢8trkt¢d Restricted 2025 Income from ¢haritsble a¢tiviti¢s 35A49 6,192 39.459 Expemditure on ¢hArhAble ttivit6 UnrtrICl R¢Jtrlcted 2025 Expenditure on cbaritable activities 33.722 6829 38,854 4. Trustees, RemuDeralion and Benefits None of the direthrs r¢ceivd any remuneration durin8 the period. Trustees, expenses None of the diredors received reimbursed expenses. 5. Re19ted party tran¢0& Th¢Te wcr¢ no ¥elat¢d party transactions.
The Comp& DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAJi ENDED 31 MARCH 2026 2026 2026 21126 2025 Total Income Grants received Fundraising Donations 24150 1,907 8.692 6,192 31,042 34.614 732 4.113 8,692 TotAI Inetsme 35,449 192 41.641 39.459 Expenditure Emergency supplies Hospitality & Gifts Administrative costs Salary costs IT Costs 6,429 429 16,725 103 24,762 8S? 8.103 24,762 857 7,022 11,933 174 Totsl expenditure 33,722 4429 40,151 35,854 io