The Considered ASK Foundation (A company limited by suarantee) Audited Financial Statements For the Year Ended 30 April 2025 Registered Charity No.. 1195905 Company No: 13349781
The Considered ASK Foundation IA company limited by suarantee) Index Fage TLlJStees' Reporl Balantr Sheet Statement of Fmancial Activities C&shaow Statement Notes to thè Flnan¢ial Statements Ilk15 Auditors Report 16-18
The Considered ASK Foundatiom (A ¢onxpany limited by yanteel Trustees. Report lin£ludin8 a Diredors, Report) The Trnstees present their annual report and the finanLial statements of this charitable company for the year ended 30 ApAil 2025. The finanoal Statements have en prepared in aLrordantr with the acLY)unting ptyliaes set out on pages 10 to l J and comply with the ThtieS Act 2011. The Statement Recornmended Practite app]icable to tharities PparinS their attounts in actordance with the Memorandurn and Articles of ASLatIo Accounting and Reportins.. Financtal Reportin8 Standard applicable in the United KaOM al Repub]icof Ireland (F 1021 published Octd*r2019 and the Companies Act 20(. Legal and Admlnlstratlve Information Conslilution The Considered ASK Foundation is a Company Limited by Guarantee Registered Company number 13349781 Charity te8x$tration number 1195905 Regstered Office 167-169 Great Portiand Street iA)ndon WC2R (M2S Coutts & Co 440 Strand London WC2R LIQS Audito Couih Bright King & Co 2 To]herst Court Turkey Mill Business Park Ashford Road Maidstone Kent ME14 5SF Directors Sophie Nithola Ann King51ey Anthony l¢)hn Kingslèy DolA1¢ Petks Iresi8ned on 3 October 20241 Sarah Matlhews William Faltoney Brocklebank ( appointed 3 June 20241 Amy Swart lappointed 17 luly 2025) Wll]iam Bxocklebank was apFointed as a DiTector and Trustee on 3 lune 2W24. Amy Swart was appointed as a DirectOT and Trustee on 17 July 2025. The presenttrustees have the Per toappointnew trustees. StrnctUTe, Govem#th¢e attd Mana8¢meiit The Considered ASK Foundation is a charitable company limited by guarantee. It was ori8inally called The Bis Foundation Ifrorn 21 April 2021 until 4 July 20221 but by a thdnge of name on 4 July 2022 became The C¢)nsidered ASK FLwndation. It was incorporated on and soverned by Atticle8 of Association dad 21 April 2021 as amended by SLIa1 Resolution on 11 August 2021 and as amended on 4 july 2022. None of the tStee5 has any beneficial interest in the company. FAch member of the company i5 roquirÉd to tontrAbute an amount not exceedins £15hould the ¢X)MnY be wound up w"le helsh¢ is a Mir, or wilhin one year afterheJ5he aSe$ to a mcrnber. The ttee$ are the me[5 and dirertor8 ofthe company.
The condered ASK Foundation (A company limited by suarantrel Tntstees, Report IxntJudin8 a Directors, Report) TheConsideTed ASK Foundation is res2Steted with the Charity for England and Wales at)d the dote 0£TlsatiOn was 23 september 2021. Objeclives and Artiviie$ of the Charity To advance Edutation and TiaininR in the UK for the publicbenefit with a particular focus on activities Contemplati the re<ludion ol inequality and soaal disadvanta, by such means as the trustees shall from time to time see h't incltsdinx thiou%h the provision OE yants. award4 sclb)larships and other assistan to individuals and orsanisations. To advaThtt health and the ttliefof5ickness for the publiclfit, with Part]lar focus on issue$ ¢(1vCte{l Ivith Mental health and wellbeinfv by suth Means as the trustees see fit. To prevent and Telieve poverty in the UK by 5uth means as the trustees e fit, indudin%by the provision. ditertly. oritidirediy, ol Kranty item$, serViS 8nd other assistance to tndividuals and or%anisati(ms. To promote the voluntary sectorfor the publitbenelitby 6uch means as Ihe trustees think fit. To kntherButh clwitttble PUTP09es as the trustee% frthh bme to time shall gee fit. Grantrmakins Poliry ThÉ Considered ASK F0thKlatl provides granls to or8aniBations whith advan its charitsble putpw of promoting the educatiory Irainins and menlal wellbein8 ofpeople ofall ases, backgruunds and abilitics. aritie5 are inviled to make an application based on analysis of publidy available intormation. tt they choose to pursue an appbcation they are required to subrnit a lixed setof d0cWnts and attend a forn[ inierviÈw. All potential p#rthers aTe assessed agaimsta fixed setof Criteria (IhoASK Model). GrarLts are offered based on the tesults thiS a55es5ment. The Considered ASK Foundation offers ProFcL Organisatiffial and UnTe5tricted Grants based on discu55ions between potential partner8 and The CorLsidered ASK Foundation. Grants made are usually in the resion 0(£lO,tMIO-£50.oa1thollgh they may offer larger atnounts at the dISon of the trnstees. Mulii-year %rants can be offered at the trtees, di8cretion. Partner th3ritie5 may be invited toreapply for fvrtheT ftmdinK. When decadinswhether to offer a sranL Trustees a)nsider the following.. . the proFK15ed use of the srant . the natute and status of the proposed partsw charity - potenlial risk factors - Trustee involvement - 9Ultability ot the propagal The tru5tee5 may impose conditions on %rants that are approwiate to the oreuntaS, indudinK (butTh)t limited tol on%oln% perforniarLtr condition& reportin% requirements, a time frame for use of the %rant, restsictions on varyin% the PUTFK)se of the atht and a requirement that unswi* funds Sh[ld be retumed. No funding is offered to charltleg OFerating outsidethe Urdted Kingdom. The donation Fdicyhas been implemented at rewlar rneetin of the tntstees at which the trnstees ¢thider applitation5. The trustees have made Krants to the wisteTed tharitie5 del&ild in note 8 to the fknanLial statements tomeet the obiedives of the Charity.
The condered ASK Foundatlon IA company limited byguaTantee) Trustees, Report lincludlns a Directors, Report) Appointment of Ttuslees and charity organisaiion The Charity is managed by the tNstees/dirertors who are appointed under the ternis OE the trnst deed with daily administration for the period of these finèrtdal ststementsbean8 dealt withby a Chlef Executive, Mrs R(le HoaTQ Mr5 Hoare ¢)veTsee5 the day to day activities of the Foundati¢)n and remuwatson for her Servi is refiected in the dOTrad seTVi ferred to in note 7. Ittdudlon and Tyainingof Trn8te Recruitsnent of trustees is earried out throughnorninations from within the trustee Board. A skills audit is conducted to assess potential gaps on the board and recNitrnentis caJTied out accordingly. with appointsftents made by a vote OE the truslees. The Board recosnises the need to move toward$ an retruitjnent proress as the Charity 8row& New trustee5 receive an InfOrntionfinductl0n pack whith includes the Charity Cornmission8 detatled inforniation on the tNslee Role and Board. The trustees have worked with o lated awity (rhe ASK Charitable Trust) and iLs trustees in pursuit of their aims and tharitable objectives. Publ1< Benefit The trSteeS have ejwred that in the future all activities wi]1 be for the pub]ic E•It. The tnLStee8 conÉirm that they have referred to the suidantr contained in the Charity Commission's general guidaT on publicbenefAI when reviewins theCharity'5 aims and objettives and in planning tUre adxvities. The company has 5UPPOrted a number of dwitable organisati1K during the year. The ttUStees Eelieve that all donations nde are for the pub]ic IEnefit. Finandal review and p¢rfortt)aTh(e Intoming ttwllrtes totaiied £1,516,858.5412024..a,O4321.20l of which £1,155,Al8.(MI12024: £927.488231 wa$ couwiitted to tharitabLe activities and the trusttes ate satisfied with the perforniantr so far. Review of the activities and future developments The Considered Ask is a community of nderS that e¥ists to reduo sooal inequa]Trty in the UK. We charnpion, hmd and increase the impact ofhish potential dllrities that use trainln& edutation and mentsl wellbeing to brin8 about positive, lastin& measurable chan8e in people'5 live5. The UK Charity Sedoriti 2025 As ofMar¢h 2025, thÈ UK dwxty sector comprised approximately 207,(KMJ registered tharities acros5 England al Wales1174,4441, Sevtland125,38Ql, and Northern Ireland18,2361. This refiected a slight in¢tÉasÈ from previ¢)us yeèrsdlle to rea)rd applications for regxstration with the Charity c4)]nnon lllearly 10,CITh) in the year to Matth 2025). The sector's total income reached £102 billion in the finamclal year2W24-25, up from £96 billicx) the Previ year. This was primarily driven by larger organisatiths. The larges¢ tharities continue to dorninate in scal2, with the top Ioby trtal intome (based on latest available 2024-2025 datal accounting wlledively for r(ughly £8.7billiory about 8.5% of thesectorfs overall income. These tharitie5 indude health providers. intemational aid sroupsj grant.makers, adturai btxlies, educational trnsts and hetitAse or8anisations. In ¢ontra8t, mitro and small charities {annual income under £IOO,000) make up about 80% of all organisattons but Lwitribute only oftotsl sector incotne and SFEndins. Over 50% of tharitses operate less than £IO,(XM) annually, often relying heavily on volunteers and local srants. with limited professional infrastruclU.
The Considered ASK Foundation (A ctsrnpany limlted by8uorant¢tl Trustees. Report (including a Director6, Reportl The UK Charity Secloriti 2025 (Continued) In Contrast, the largest th2rities Ithose with over£lO mil]ion in income, MprISing less than 1% of the totsll ¢ontsol over 66% of sector spendin& benefitmg from diversified fiding %treanL% induding ma3or donations, Corpte partfterthips and 8overnment contsacts. This disparity high]ights an estab]ithed strndure in the 5edor, where Small tharities fOS on niche, community-ba5ed 5ervitts while-giants" handle national or sIobal Programm with economies ofscale. Key Trends to Marth 2025- to adjust Èxpertatioms •lncomc srowth rnask fvagility.. total sectot income rose to £102billion but this CQDcab underlying PT&%SUTQ ftsr naIler dritieS with publi¢ donations to small charities droppins sharply (from 54% of their income in 2020-2021 to25% in 2021-221. Larser charities continue to ab60rb more LDrporale and legary hmdin8. •Dociine inindividual 8iving'. unly 50% of the UK poPulatin d(matÈd in W24 Idown from 58% in 20191, tre1 exacthated by the Ct-Of-llvlnS Lyisis. •Funders no longer accepting appli¢atiOn5.' instlthdonal trusts and foundations are increasingly pausins pplications as they work through a huge backlog. •Risin8 Charity regstration5 and r&ourte strains". new d)ar2ty resislratioDS hit a record 9A40 in 2024-25 lup 9%> but volunteer shortAges and rtsing operational costs rnade many organisati(ffl$ infftosingly fra8ile and unsustainable. •P(p]icy and economic pressures.. economic headwinds and policy shitis induding potential grant Luts l¢y)med Jarge, with the se£lor as a whole facins increased competition fot a shrinki] funding pool. Despite these thallenges, UK thaTities continue tob¢x)sl the etonomy. contribuling aneslimated £69-102 billion annually as ol March 2015. Their ci)nthBuiion includes providingelsential seNiees lfjil]ing gaps leftby govemrnent tsrbusine&sl, creatin8 jobs (charities ernpIoy over 900.0(Kl pevple att$ the UK), SUPFNirtin8 volunteers (around 20% of adults volunteer foT thaTities gauiiThg valuable skiIls and experience that can lead to paid employrnenll. Charities also spend money, attract funds and bw5t collununitie% reducAng strain on publit servites. The Considered A$k'$ Approach We know that many innovative and iTnpadful small to medlum sized charities aLYoss the country strnyAle to Iaise the hmds they need to grow their i)perations in a professionaL impactful way. The Considered Ask secksout the most exciting charities working in our ELKUS areas acrvss the county and. usins our unique Venture Patther hpptoad), work5 with the orsanisatiorks to rnaximise p)tentiaL andensure rational resiltenTr. As a proactive funder we conduct extensive de5k-based re5eth before approacFlln8 an or8anisatioTh rneanin8 tbat once a tharity begins the application pr(Ke5s. there is a htsh chance of a succe&sful outcome. We prioriti5e organisation5 that donot typica]ly retrive Eundin8 £rom 8raThtmakers suth as The Considered Ask and may not have the capacity to seek it themselves, and our recent pilot ot the Ask Aclerator showed thatotterin8 intense knancial mentoring support to smaIl and start up venre$ optlmiges SUAtaanabtllty and impart. We continue toènsa8e with 8maller tharities and tharitable organi5ations Operat1¥ outside London and the uth East to ensure that our grants are spread as widely as le and that we meet wr ambition to work aa(tss the UK. We allocate our portfolio of (harityes actoss five district groupings.. established medium1£e, small-sized, scaie-up and slart-up. These groupings en$e we malntain a balana p)rrfolio tsfe$tabltshed or8anisation4 and riskier, early-$tage organisations that need sreater levels oEsupport from our Venlmre Pathers. The Considered Ask awards yants to tharitable orsanisations supporting pwple of all ages and abilities in Eng]and, Scotland, Wales and Northern Ireland.
The Consldered ASK Foundation IA (ompony limiled by gtsar•nteel Trustee8' Report lincludins a Diredors. Report) Our Model The Ask m(e] is basÈd on a ptoven investment model ond was developed and extensive]y 1)ned by OUT t¥dm of VwturÈ Partners, all of whom haveextensive experien of the UK drity seetor. The M(K4el is an assessment Erarnework that adjusts expettationy based Im the 8jze. Stase and maturity of an or8anisation. Thi5 means Venture Partners can ensure that we onboard- and monitor the perft>rrnan of-the hi8hest impa¢ hJ'8hest potential tharities. Final decisions on ftmdins are taken by the Trustees, based m advitt trom and discussions with, the starfteam. TheTrustses meel quarterlyi with grantrnakn.ng meetinss tsking Pla in the spritLS and kutumn of each yeor. OurGranls ]n 2024 the Board held two STant-makn"ns m¢eting$ and awarded I,? grants. 7 grants went tot otgAnisatiorLS.. 6 were awarded to organisations which had previously received ndIng from The Considered Ask refiecting our COnlInent to deep. long-term relalionships with charity partner5. The largest proportion of our grant makng Supports initiatives in the education settor. We made the dwsion to direct nwre grants in th"5 area on the growing b(xly ofevidenLt thatd)ildrÉn #nd youn8 peoplehave emerged from the Pandemic having missed vital ¢lassrry>m time educational experientts. Oyr TelJlion$hlp$ We believe that our grant makin8 is at its best when we are able tohave honest and open conversations with srantees. To this end, we have developed our Venttue Partner modeL whereby exPeriend tharity professionals work c108ely with charities in our portfolio to offer 5upF and expertise in addition to ¢)ur fAnanaal Ltribuon. Looking forward In the coming year we will f4)cus fundiJJs on the TrLishest perfonnin8 tharities to 8uarantee elEiaency and iThpact. We are aiming for a w)rt(olio of 30 organisations by 2030 and to deepen our financial support to tharitiÈs by SncrÈasing average grantslzts from £50.000 to £ILN),OOD. We are comnutted to en87n8 that our portfoJioha$ a bala OE e8rly-8tage and more estab]ished orsani8ations. Wt rtto8nise that early-stage or8anisation8 Ifornierly part of our Actrlerator PTO8raDunel aTe a smau but e&sential part of portfolio toensure a steady pipeline is maintained. Tosupport thi4 we will continue to evolve our Venturt Partner toensure we offer high qua]lty, ongoing support toportfolio charities. Venture Partner5 will oversee a portEolio 0£ d)aritie$ providing $trate8iC SUPFOrt from intensive to Iight touth deFendins on the level tsf supportidentified throush the Ask Model. We are Lommitted to tapturing and communicating our Frt)riEolio charitie5' perforniantt through the c[ldered View for the benefit ol our community of investor8. In addition. we will continve to refine and improve the Ask Model to erwre we can identrfy and onboard the m05l appropIiate orwtion5, assess their ongoing perfornn and efE&ttively tarset our finanaal and n¢)n-onelary support. (kn priority 15 toeTh8uTe that organis#tions whith priotitise impart and 0rational sustainability ITh a difficult environment Tettivt the support they deserve. We will encourage our parthers to be adaptable, nimble, and tteahve in an unfavouyableeomomic climate. In addition we will give greater weight to the outcomes Jchieved by our partheLS than to wtputs and encourage chatities to adopt measures ofeffiaency. We believe thai this will enable us to demonstrate a strong ROI forour srant makins.
The Con5idex¢d ASK Foundation (A panY lirniled by suarantee) Tntee$. Report littduding a Directors, Report) A Community otFundeTS Wehave continued tolnefIt from the generlty of Findlay Park Partners LIP as supp)rters o£The Considered ASK. Their 5upp)rt has enabled u$ to expand our grantgiw ad we continue to offer the opportunity to other likeinded or¥anisations and indbviduals in the coming year. Supporters will be offered the opportity to Contribute an a8fLd donation over a fixed perw)d, and in return will benefit from the experience of the Ask Tearn and the rigour of the Ask Model. with Tegular updates and OPPOTtunities to )gage with parh)Èriharilies. ReseTrves Policy It is the Po]icy of the Company that r¢Sl¢tea funds whith have notbeen designaled for a $peofic use should be maintained at # level to provide suffioent ineome for the company to mt its objectives. The trustees considerthai reserves at thts leveI will ensure that, in the event tsf a si8nifieant drop in fundin& they will be able to ¢ytinUe the c4)mpany's current adivities while consideration is given to ways in which additial funds rnay be raitsed. The trustees intend to Jnaintain a reserve sufficient to cover at a minitnum theexisting obligations disd( in ¢Jeditors amounts due within one year. Risk Matta6emenl The trltstees hAve aS$sed the rnajor risks to which Ihe company is exF¥)sed amd are s#tis&ed that systerns are in platr to mitite exposure to the alOr ris Trustees Tespottslbiliti in relation to the finanaal 5tstethents Th¢ trL]StÈes, who are al80 the directo of The ConsideTed ASK Foundation for the pUrSe5 of cornpany law, aTe responsible for PreParn a trnstee5' annual TÈport and finanaal statements in accordantr with 3pplitable law and United Kingdom Accountins Standards (United Kingdom &nerally AcLyted Ac¢ountin8 Practitr}. Company law requires ttie trustees to pware Finan¢iai stats)ts lor each year. Under company law. the trustees rnust not approve the financial statements unle58 they are satisfied that they 8ive a tNe and fair view of The CoThsidered ASK'S state of allairs and of its incorne and application of resources, indudins ils incomÈ and expenditwe for that period. In PTeparing these finan(ial BtatemeThts the trustees art required to.. - selecl Suitable ac¢ounttng policies and then apply consistently,. - observe thÈ methtsjs and principles in the applicable Charities SORP2019 (FRS 102},' - make jud8ements and estimate5 that aTe reasonable and prudent: - prepare finanLial stateTnents on the going concem basis un]e5S it 15 inappropriate to presume that the company wi]1 continue in busxness. The tStee9 areTe5pon5ible for keepin8proper acLY>untiTrg Tetords whaeh dtsCle with reasyynable acraCY at any tirne the financial position of the company a1 enable them toen$ure that the finanaal statemenL4 etsmply with the Conkpanies Act 2006. They are also responsible for 5afe8uarding the aets of the tharity and tskins retywiable deps fr)r the prevention and detettiotL o( fraud and other irre8ularitie& tnso far as the tsustees are aware.. - there is no relevant audit inf<)rmation of which the charitable LY)mpanfs auditor is unaware: and - the trnstee5 have taken all steps that they ou8ht tohave taken to make themselves aware of any relevant audit infomLation and toestablÈsh that the auditor i5 aware of that inforniatiul. AppToval This reporl which was prepared in accordan with the provisions within Part 15 of the Companles Art 26 panies, was apwoved by the tnjstees on 26 January 2026 and signed on their E*halfby: SopFiie I&n8slryj Trustee)
The Consided ASK Foundation Company Number 13349781 Balance Sheet a$ at 30 April 2025 Note 2025 2024 Current Assets Cash at Bank Debtors 9&9,515.34 352.911.66 1.341,427.00 1,253,149.83 130,(N)O.00 1,383,149.83 io Creditorn Amounts fal]ing due within one yeor Net Current Assets 50,670.97 59,550.00 1290.756.03 1,323.599.83 Net As8ets ITotal Aets IA88 LiabilitieB 1,290,756.03 1.323.599.B3 Represented by. ChLty Fund$ Restritted Funds Unrestricted Funds io,(NxJ.00 1,280,756.03 1,323%9.83 Total Fllnds 1,290,756.03 1,323,599A3 The accountshave been prep4red accordantr with the 5pe¢i41 provi8i(ms relating to 5rnall o)]npanies within Part 15 of the Cornpamies Art 2W6. Approved by theTrnstees on26 January2026 sIa on theirbehalfby Sophie Kingsley Te
The Considered ASK Foundation andlldins an Income and Fxpenditure Account) Statement of Financial Activitie8 for the year ended 30 April 2025 21J25 Re5tiicted Furtd$ 2Q Vtyty$lrided Futhds 2ff25 Total Fuftds 2024 Unrestricted Funds Note In¢omin8 R¢gOIIV¢S: Voluntary income.. donatiorLs and grants Other rnLYm)e io.(MJ).00 1.156.194.66 3,288.28 347,375.60 1.506.858.54 1,166,194.66 3,268.28 347,375.60 1,516,858 751,500.00 6.099.73 286,221.47 1,043,82120 i0.c.[M) Total IncL¥me 10,000.00 I068.54 I63854 Resources expended Costofraising ndS ExpendiMre on CharitableActÉvitie5: Donations made Donated services Support Costs Governance CL Totsl eXPendAte 10,706.44 10.7C6.44 1,155,538.00 347,375.60 25.858.30 10,224.(K) I9.702.34 1,155,538. 347.375.( 25,858.30 10,224.00 Iy9,70134 927,488.13 286,221.47 Jl,013.65 1,224,72335 Netlncomellexpenditurel lo,(.00 141843.801 131843.801 I180.2.15} Net Mov¢thent In Fun& lo.)0.00 141843.801 I323.80) (180,902.15) AtIM3y 1,323,599.83 142,843.801 1,280,756.03 1,323,599S3 1,504,501.98 132,843.801 1180,902.15) 1.29n,756.03 1,323,599.83 Net movementof re50Uttts in the year At 30 April io,(NJ).00 io,(K)o.00 The statement of finanoal artivities a150 complies With the re4wiremenLs for an incorne and ewndihtre account under the CoJnp3Thes Act 21X)6. l ino)me ond expenditure derive from continuing activities. There were no reco8nised gain5 or Ise5 other than tha* listed above and the net iThe for theperiod.
The Considered ASK Foundation Resislered clity No: 1195905 Cornpany Ntr. 13Y4978J Cash flow Ststement for the ar ended 30 A '] 20Z5 Nole 2025 2024 Netcash flows from operating activities 13 1264,(x14A91 1155.159.201 Netcash flows from investing a¢tivitits Netin(Teaselidecre&sel in cash and cash equivalents 1264,634A91 1155,159aOI Cath and cèsh equivalents atbEwg of the peri1 1,253,149A3 1,4LVJ,309.03 Cash And cash equlvalents at the end of the period 988,515.34 1,253.149.83 Cash kt)d Vdsh equlvalents comprise cash at bank and in hand.
The Considered ASK Foundation Re8islered Charity No: 1195905 Company No: 13349781 Notes to the Flnancial Statements for the year ended 30 April 2025 l General IntOallon The Considered ASK Foundad¢)n is a tharitable company governed by its Articles of Association dated 21 April 2021 as arnendea m 11 August 2021 and 4 July 2022. Its Yegistered address is 167.169 Great Fortland Street London WC2R OQS IptEviously 31 Hill Street London WIJ 5LSI It is registered as a charityin En8land and Wales { retered nurnber 11959051 and is exempt from taxation on income arisin8 from and expended on it5 charitrable activities. The men)bers of the company are the trustees rned on pase l. Jn the event of the tharity being wound up, the liability in respect ofthe arantee is limitrd to £1 per member ol the tharity. 2 Polldes These hnaneial Statements havebeen prepared in accordantr with the particular accowiiing policies dÉthbe below. lal Basis of Pieparation and As5e5Jrnent of Goln% Contern The financial staiejntnts have been prepared in accordan with.. Accounting amd Reportin8 by tharttith Ststement of Roo)ttthended Practice applicable to charitios preparing their accounts in accordantt with the Finan¢ial RÈp(rting Standard applieable in the UK and Repub]ic of Ireland issued in Odober 2019, the Financlal Reporting Standard applicable in the United Kin8dom and Republic of Ireland IFRS 1021 l-the Charities }R) and the (Tharitles Art2011, the Companies Act 2(KtO and UK Generally Actrpted Accounting Prartice. Assets and ii4bilitieÉ are Inltlally recogni at hisknical w5t or transaction value un]ess otherwryse stated in the relevantactounting Folicy nos. The Charity eonstitutes a publicbenefitentity as delined by FRS 102. The trn5tees have a reasonabl¢ expectation that thc Foundation ha5 adequate Tesour¢es to continue in OFerational extstence for the foreseeable and cvnsider there are no maierialunttrtaintie5 about the ChaTity'$ ability to continuea5 a going c([n. The frnancial ststements are pte8ented in Ster]ins whith is the fvndional currency of the tharity. (bl lil Income Recosnitio All incoming resourLES are ]ThdUd in the Statement of Finantial Attivities when the Charity is lesally entitled tt) th¢ income and the amount can qulified with reasLmable accuracy. Jncome tsx recoverable in relation to investsnent income is recogrLiSed at the tirne investment income is receivable. InteTest on funds held on deposit 15 included when recavable and the amount can be measured reliably by the Charity. On Tetrip( donated servitts are recogni5ed on theb¥sis oEthe value of the gift to the Foundation which is the amountthe Foundation would hovebeen wil]in8 to pay toobtain services or faalities of equivalenteconomic benefit on the open marketr. a con8ponding amount is then TÈtO8nlsed xn expenditure in the p10d of receipt. io
The Cothsidered ASK Foundation Resistered Charity No.. 1195905 Compatty No.. 13349781 Noles to the Financial Statements the year ended 30 Apiil 2025 lill ROUrceS expend¢d Liabilities are re¢ognikd as expendiMre as as there is a legal or constructive d>li8ation committing the Charity to that expendire, it 15 probable that settlement will be required and the amtsllnt of the obligation can be measured Teliably. GTants payable are aceounted for when the tru$toes have accepted a legal orconstruetived)li8ation to make the 8rant. All expenditure is a¢¢ounted for on an accNals basis. Donations payable are tharged in the yeaT when the offer is rnade except in those tases where offer i$ conditionaL suth donatitsELsbein8 rcco8nised a5 expenditu when the conditions attathing aze fvIEilled. Donation5 offered sub5ect to conditions which have nrtbeen met atthe year end are noted as a commitment bui not accrued as eXpendIre. Costs are allocated to artivities within the Statement of Finanoal Attivities as requited by the Charitie5 %)RP and are allocated direL*ly to the appropriate a<tivity. Fund StrnctUTe UnTe5tricted fuTKls are available for use at the distrÈtion of the tsijstees in rthera of the 8eneral rbiectives ofthe tharity and which have noi been desIated for other purple9. Designated fund5 (where applicable) comprise UTtrestslded fimds thathavebeen Set osideby the trustees for particular purposes. Restricted knds aTe fund$ whxch are to be used sn aemrdance with specific restrictions imposed by donors or which have In raised by the tharity for partitular purposes. The o)st of raisins ond administcring suth funds are ¢har8ed asainstthe 5peofic fund. The aim aThd use ofeath reslricted fund will be set out in the Dote5 to the financial statement5 when applicable. (dl Debtors and creditors receiv4bl¢lpayable within one yeaT Debtors and creditors withno stated intercst rate and re]Vable i)T payable within one year arÉ tecoxded at transattion prite. Any losses arisin8 from impairment are recognised in exPenth"tte. lel Critical accountins iudgettkents and key 80urces of estimalion uncertainty In the applicalion of the Foundation's accountins poli(ies, the Irustees are required to maktiudsements, estiateS ana aStiOns about the tatrylng amounts of a&sets and liabilities that are not kradily apparent Erom other source5. The estimates and associated assumption5 are based onhistorical experierttr and other laLtors thal considered tobe relevant. Athal results may difterfrom these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revision5 to atc4xthting estimates are reco8rti8ed in the period in which the estima is revised if the revisirn affÈcts only thatperiLKI, or in Ihe peri(xl of the revision and fututè periods it the revisyon affeLts both turrent and fure peri£KIs. The tnjstees do not nSider there are any CTitical judgements or souKeB of estimatton uncertainty requiring di5dYtsnd the accowiting polit iistsd above. If) Taxatio The Foundation is a charity and 1$ not Ilable to corporation tsx, ¢apitsl gains tax or income tax on its tharitsble activities. li
The Considered ASK Foundation Re8islered atarity No: 1195905 Company No.. 13349781 Notes to the Financial Statements for the year ended 30 April 2015 3.Trn$*eeg and Employ¢¢$ The Foundation had only employee during this p10a {2024: None) as at the year end. During the year to 30 APTII 2025, there were three employLYs ofThe Ask Charitsble TTU5L a re]ated cllarlty. sewided to the Foundation. No trnstee recdved remunexation or expenses durn)g the year. The trustees have purthased indemnity insuran. Inve8lmettt4nd Other Ittcome 2ff25 2024 HMRC repayrnent supplement 3288.28 3,288.28 6.099.73 6,099.73 5. Donallo Unrestricted FuDd$ Donations and gifts (including Gift Aid) tKinated serv19 21125 21124 1,156,194.66 347,375.60 1,503,57026 751,5(KJ. 286221.47 L037,721.47 Restiided Funds iO,OCQ.(M) lo.0.00 The ASK Charitable Trustcovered the operational costs of the Foundation totallin8 £347?75.6012024.. £286.221.47), ol which £368.0312024..£352.(kS1 related to trustee and otherbsITsS meetings, by way of dL)nated service& 6. Costs of raAsin8 étyftds X125 2024 Events 10,706.44 10,706.44 7. Analysis ot m8ts of thlble atlivities UnTe5tricted Donations to tharitable institutÉons (See note 81 Donated services18ee note 51 Support cts (see note 91 Governan costs15ee nole 9} 2024 1.155538.¢M) $17?75.60 25,858.30 10,224.IXI 1538,995 90 927,48&23 286,221.47 11,013.65 1224,723.35 8. Expenditure on Charitable ArtiVIe9 Donatiotls lo chitable Institutions Abi Bdjinghurst Access Proiert Artlon Tutorin8 2024 11,340.OJ 50.(K)O.IxJ 25.O.{Xy Carried forward 86,340.(K) 12
The condered ASK Foundatlon
Registered Charity No: 1195905
Company No: 13349781
Notes to the Financial Statements for the year ended 30 A ri12025
8. Exp¢ndlture on Charitable Activitie5
Donations to Charitable InstitiOnS ItoDtinu¢dl
Hrought fonvard
Bieakins Barriers
Clean Slate lUtiorL
Dad's House
Elernent CrealivE
2025
86,340.00
I),000.00
ICO,CM)O.00
140.00
16.(W.00
29.299.32
60,0.00
30,153.00
Fine Cell Work
First Stsr Scholar
Football Beyond Borders
Fully F
The Considered ASK Foundation Registered Charity No: J195905 Company No: 13349781 Notes to the Financial Statement6 for the ear ended 30 A ri12015 10. Debtot& 2024 HMRC gift aid redakn Other debtors Donation 175,750. 167,161.66 io,(x)o.00 352,911.66 130.0(M). 130,000. 11. Creditors Amounts falling due within one yeaT: Donation5 payable HR Support Tax and pension 21Tr24 33,925.(M) 2,514.00 4,1(r/.yJ 3,5(KI. 6,624.lJJ 50,670.97 ,0.00 32.00 6,300.00 59,550.fKI Audit fees IL Fwidins Commitllnts Al 31) April 2025. the Foundatimhad co)mttted to Jnake the following donations, whith are consideTrd a liabiltty= Due wrythin one year: A¢trss Prqe Tutors United 50,rw.(o 33,925.00 33.925. 50.000.00 These fundin8 tommittnenLS a Induded in the Creditors ba]ance& At 311 April 2025 there were also continsent liabililies amounting to £1,346,053.91 beins dotLatii)ns to be Tnade subJ'ect to Tt3]n pro8ress and rfrIrmtÈ objedives specified by the trustees to potential reapients in aceordance with the d(Umented tornis and conditions provided. Of that £426,575.91 has been paid as at the end ofDettmber 2025, and the balance of£919,478,00 15 outstandm& ofwhith £417.498.(K) 1$ due within a year and £501,980.IX> is payable after more than one year. l& Reeonerliatlon of net movemtnt in funds to net cashfiow from operatins aclivities 20 2024 Net ineome for the period 1318LI.801 (180,902.151 Net income before movementin workins capital 131843.801 1180,902.15} Detrease in debtors (221911.661 80,644.35 Increasellde¢reasèl in tteditors 18,879.03) (54,901.401 Net cath flows from operating adivities 1264.&14.491 ll55,159.201 14
The Considered ASK Foundation Re8t$tered Chatity No: 1195905 Company 133497BI Notes to the Financial Statements for the year ended 30 April 2025 14. Analy515 of clwiiablehmds Fund brnusht fonvard a5 at I M•y 2024 Fund earried forward al ExnditUTe 30April 2(b25 Aiialysis of Fund moveTnents Incotpe REStrieted UnTf5trided lo.0.00 1,-323,599.&3 1,506,85&.54 1,549,702.34 lJ23.599.83 I,516.8.54 I9.702.34 io,ono.OD 1,280,756.1)3 1,290.756.03 All the Foundation's ndS aTeunTe%tricted which aTe available furu5e at thE dibrreti(In the tTUStees iii fUTtheranOf the general objectives of the charity and which have nut been dv.51yaled for other purpDSRS. 15. Related Party Tran$actions tknnatiiS of £878,750.W12024.. £6ft4).(o.OQ), including gft aid. were re1Ved frotn the trvbtees without c()nditinns. Durins the penod. Thc Ask Charilabl¢Trust, a related parry. met the Troundation's operati¢[ by way of donalcd servicEs amounling toL147,375.6012024.. £286,Z21.471. The trusttcs of The Ask Cbaritable TTU$t resolved toterminate thetrust with effectfvom 28 Marth 2025. FTOtn thatdthte onw#rds, Ihe Foundati has mel all OE ils own operational cost5. Followiftg the dissolution ofThe Ask CharitableTTus¢ theFoundation T27ved the remainins funds uf £167,161.66. This amount ts recOgnEd 35 3 donahon and i5 induded within other debtvrb in nul¢ 9. AntMY and Sophie Kin%51ey were also trustees ofThe Ask ChaTltable Trust th&t was wisteTed a$ • Charity with the (tharity Commission ()n 13 5anuary 2010. 15
Independent auditor's report to the members of The Considered ASK Finmdation Opknlon Wehave audited the financial statements ofThe Considered ASK Fowthtlon for the ytsr ended 30 AP 2025 whiih ¢omprise,' * the statement of finanaal activities Itncorporating income and ex>d1thre account),. the balaTh sheet; the cash flow ststemenL and the related NotÈs I to 15. The fjmanLial reporting framework that has been app]ied in their preparalion 15 applicable ]aw and United Kingdom Accounting Standards, includin8 Finanaal RepoTt]ng Standard 102The Finanoal Rep)rtsn8 Standard applicable 2n the UK and RepLiblic of Ireland (United Kinsdom Cnerally Acttpted Accountin8 Practscel. In our opxnim the finanaal statements: give a true and fair view of the state of the Charitable company's affairs as at 30 April 2025 and of its incomins re50urce$ and app]itation of resourtrs,. induding its income ad expenditu, the year then ended. * have been properly prepared in accord with United K80M GeTW?Ily Acttpted Accountin8 Practice applicable to smaller entitie5,' ' have been prepared in accordano with the tmettts of the Compankes Act 2(M)6. Basis tor opinion We conducted our audit in aCCOTdan¢e with International Standards on Auditing (UK) ItSAs {UKII and applicable law. Our responsibilities under thase standards are [ther described in the auditor responsibilitieB for the audit of the El[Lcial Statents sertion of our teport. We are independent oFthe thaittable company in affordatltr with the ethical requirements that are relevant to our audit OE the finan(ial Statements In the UK, in¢ludins the FRC'S Ethical Standard, and we have fulfilled our olherethi¢alresponsibilities in accordan with these requirements. We be]ieve that the aUdit¢denCe we have obtained is sufficient and appropriate to provide a basis for our opinion. Condu5ions relating lo goingconiern In auditing the liTkninaal stateJnent5. we have toncluded that the trustees, use of the going COnrnbaSiS (rf accountins in the preparatiwi ol the linancial Statements 19 appropriate. Based on the work wÈhave perfom)ed, we have not identified any rnateTial uncer&inties Yelating to events or conditions that, individually or colleehvelyi may cast silfi(&t doubt tsn the tharitable company's abi]ity to continue a5 a going ctsncem for 8 period of at least twelve m¢)nths from when the financial statements are authorised for issue. Our responsibi]ities and the respons1111tieS the twstees wlth respect to 8oin8 conrn are deibed in the relevant sections of this TepoTI. Other ittfornièlion The other ]nforUtion comprises the infonnation tnduded in the tn]$tees' report other Ihan the financial $tatsments and our auditor's report thereon. The trustees are responsible £or the other infLKmation contained within the trustees POrt. thr opinion on the fuwkcial ststements does not cover the other information an4 except to the extent otherwise exp]i(itly stated ourrepor¢ we donot express any form of assurancE condusion thereon. Our responsibdity is tts read the olher information and, in doing so, consider whether the other inEorn)ation is materially inconsistent with the finantial statements OT our knowledge (A)tsirted in the course of Ihe audit, or otFwwise appeats to bematettally misstated. If we idenhty such rnateIial IncoTL$tstrjeS (x apparentmaterial ]nisstaternents, we are requires to deterniine whether this gives rise to a material Mlsstatennt in the financial Statements or a maknial rn]sStstent of the other inforrnotion. If, based on the work we have Perforn we tClude that there is a material mis5tstement of this other AnfOrnuti0 weare requiTed to rep)rtthat Éart. We have nolhins to Teport in this Tegard. 16
Independenl auditorfs report to the membeIs of The Considered ASK Foundation Opittions othermatlers presLYAbed by the Companies Act 2U06 In our ¢)pinion. based on the work undertaken in the course of the audit.. the information givenin the trustees, report for the hnanoal year for which the ftnancial $tatement8 are prepared is consistentwith the Pmanaal statements; and ' the trustees. report has been prepared in accordance with applicable legal requirernents. Matter5 on whith ive aT¢ r¢quirÈd to report by exttption In the light of the knowledge and understandin8 01 the tharitable company and its environment oblained in thè tour5È ¢)f the audtt, we have not identified material mi5Staternents in the lrnslees report. We have nothing to reportin respert oEthe following rnatter5 in relation towhith the Companies Act 216 requires us toteprt to you if. in our opinion: adequate accountkns records havettot been kepl or turnS adequate for ouraudithave not been received from bTanthes notvisited by us,. or ' the financial statejnènts not in a8re¥mÈnt with the accounting records and returns,. or ' LPrtain dis¢]osus of trustees. remtllwation specified by law are not made; or we have not received all the inforntiOn and explanations we Tequire for our audit. or the trStee8 were notentitled to prepare the finanaal statements in accordan with the small companies gime and take advantage of the small cornpani¢s' ex¢mptsons in preparins the tru$tees' reprt and from the requirement bi prepaTe a strotegie report. Responsibilities of trustees A5 explained more llY in the Tru$tees' RPonSibl11tieS Statement set out on page 6, theTrustse5 (who are also the direcr$ of the tharitable tompany for the puryose5 of the compaT)y lawl are responsible fvr the preparation of tht financi statements and fot beingsatisfied thatthey give a true and fair view, and for Such internal controI Ès the trustees determine is netr5sary tt> enable the preparation of Einantial Statements that are free fro material misstatemenl whether due to fraud oreTfoT. In preparin8 the finaThLiat statements, the trnstees are responsible for assessin8 the tharitable company's abi]ity to continue as a going di5closin& as appli¢ablÈ, matters related to goin8 concern and using the 80ing contrm basis of aco)unting unltss thé trustees elther intend toliquidate the charitable company or to cease opera110 or have no realistic alternalive butto doso. Auditorfs responsibilities for the audit of the £inan¢ial statements Our obseetive$ kre to obtain reasonable a$srance about whether the finanoal st2temÉnts as a whole are Eree froni rnateTial misstatement. whether due to fraud or error, and to Issue an auditor's report thatincIudes our opitiion. Reasonable assurantt is a htgh level of assurance. but1$ not a guarantee that an 8uditconducted in accordantr with ISAS IUK) will always deted rnat¢rtal MItateMent when it exists. Misstatements can arise from fvaud or error and are considered material if. xndiwdually orin the aggregate, they Lyjuld reasonably be expected io inflUee the Étononth detisii)n% of users taken ¢)n thebasis of these finjnoal stalements. ITregulaTities, includirjg fvau¢l are instances of non-complian with laws and regulations. We desig prrtedures in line with our responstsi]iiie$ outlined above. to detectm#terial misstatements in respLXtol iyregulaTities. induding fraud. The speafi"c pr(KEduTes for this ¢nstt8ement and the extent to which these are capable of detectin8 irte8ularities, induth.ng fraud is detailed below: We haw, Obtained an understanding of the legal and regulatory franWork applicable to the Foundation and how the Foundation is complying with that fvarnework. Obtained an erstanding of the Foundation's polities and protedlltes on comp]iantr with jaws and regulations, including dUmetiOn of any instances of ThOn.comp]ian' 17
Independent auditorfs report to the members of The Considered ASK Foundation Identified the laws and re8ulations thathave si1¢#ntr in the context of the Foundatio Obtained an understandins ofthe Foundation's risk assessment PT(Kess, induding the risk of fraud,. . A&ses5ed and evaluated ihe suscptibility of the Foundation's finanaal statements tomaterial mi5StatemenL through error And fraud,. Evaluated the as5umptiorLS and judgements used by rnanasement within si8nilicant accountins estimates and assessed if these indioteevidel of mana8ementbias,' Implemented ProdureS to enable the identifieation and tssting of unusual or unexFcted journaj entties,. Tested signffieant transa¢tsons. in particvlar the evaluati¢)n of the business rationale for any whithapFW unu>ual outside the tharifable company'$ nornthl couxse OE business,. Reviewed the firkqncial statements and tested the dis¢l¢x8ures against Supwting docuTnentation; Communicated relevant matters lindudin8 those abovel to all members of the audit team to ensure they understood thÈ risks specific tothe Foundation and the audit protedures planned to mitisate these. Because tsf the inhÈrÈnt limitstions of an audit, there is a risk thatwe will not dect all Arregularities, induding those leading to a material mi55tatement in the finanoal st3Ments or non-compliantr with regulation. Thi5 risk iTLcreasES the more that comp]iantr with a law orregulation is removed from the events and transartions reflected in the fIDCial statenients, as we will be less likely to become aware of instancs of non-complian. The risk is also sreater regarding irregularities <[[8 due to fraud rather than em>r, as fraud involves intentional contralmenL forgery. collusiory omission or misrepresentatits A further description of wr resp(m•l>i]ities for the audit of the finanLial ststemÈnts is lttated ffl the Financial Rep)rtins CouThLIl's website at www.ftc.org.uklauditor5responsibilities. This description forms partof OUT auditor's report. Use out report This report is made 501ely to the tharitsble company's members, as a bodyi in accordano with Chapter 3 of Part 16 01 the Companies Ad 20(. Our audit work has been undertaken 50 that we rnighl state to the charitable company'5 Jnembprs those rnattets we are required to State to them in an auditor's report and forno (¥ther purp05e.To the fulle$textent rmitted by law, we do nol awl or assume re5ponsibilxty toanyone other than the thaTitable cojnpany and the tharitable company's rnember$ as a by, for our audit work for this TeporL or for the opinions wehave fornied. Ms Tarwa Mohammed {knior StatutoryAUdit) D8te'. 27Januory2ff26 For and onbeha]f of Couth BrightKin8 8t Co Chartered Ac¢ovntants & Statutory Auditors 2 To]herstCoutL Turkey Mill Business Park A5hford Road, Maidstone Kent, ME14 5SF 18