The Charity Registration Number is 1196398 TRANSFORMATIONS ALLIANCE Report and Accounts 31 March 2025
TRANSFORMATIONS ALLIANCE Report and accounts for the year ended 31 March 2025 Contents Page Charity information Trustees. Annual Report Statemènt of directors, responsibiliti•s A¢¢ountants' report 10 Funds Statements.._ Statement of Financial Activities 12 Movements in funds 14 Revenue Funds 15 Income and Expenditure account Sumrrary of funds 16 16 Balance sheet 17 Notes to the accounts 19
TRANSFORMATIONS ALLIANCE Trustees. Annual Report for the year ended 31 March 2025 The Tru8te8s pr8sent their Report and Accounts for the year 8nd8d 31 March 2025. Reference and administrative details The charlty name. The legal name of the charity is:. TRANSFORMATIONS ALLIANCE. Th& charity Is 2180 known by its op8ratlng n8me, NIA. The charitys areas operation and UK charitsble registration. Th@ charity Is r8gisl@red in England & Wales with th8 Charity Commission In England & Wales ICCEWI Mth charity nutnber 1196398. The Charity does not operate in any overseas jurisdictions. Legal 5trufjttJre of the ¢h4rity The charty is Gonstituted as a Charitable Incorporated Organisation ICIOI in England & Wales. The governing document of the ch8rity is the conslilulion of the CIO as approved by the Charity Commission in England & W818s ICCEWI. Th8 governing docurnent is dat8d 04 Nov8mb8r 2021 There are no $trictionS in the governing documents on the operation of the Charity or on its investment powers other than those itnposed by Charity Law. ThÈ ttustÈ&s aro all individuals.
TRANSFORMATIONS ALLIANCE Trustees. Annual Report for the year ended 31 March 2025 The ptlnclpal operatlng addre88, telephone number, 8mall anil web 8ddr8888S Ot the charlty are:_ Unit 8 Ashbraok Park Parkside Lane, Oft Dewsbury Road Be8ston, LS11 5SF Telephone 7830496432 Ernail Address Ir8nsformalionsalliance@gm8il.com Web address Enter in slep 4. 8 The Tru5t88s In offic8 on th8 dats the roport was approved were'.- Ekumankama Chinedu Beaulah Nyamuranga Rahabi Rulendo Mykutnbi The ftyllowing per$on$ $erved as Tru$t¢es during the ¥T ended 31 Mar¢h 2025=. The trustees who served as a trustee in the rep(Kting period were as shown above, and there were no thang8s during the y8ar, or In th8 p8ricK1 b&tw88n th8 year and and the approval of the accounts. At th8 Annual G8n&ral M8eting ,no trLJSte8s retired. I the trustees are also members of the charity. Objects and activities of the charity Tha purposes of thg charity as sgt out in its goveming document. The charity exists to relieve poverty, advance education, and promote health and wellbeing for the benefit ol the public. Our work focuses on supporting disadvantaged individuals and families through Tnentoring, youth engagement, dance and creative expression, food 5UPPOrt, and counselling services. Through these activities we aim to itnprove conlidence, reduce isolation, and promote inclusion and positive community participation. The maiTn activities undertaken in relation to those purposes during the year.
TRANSFORMATIONS ALLIANCE Trustees. Annual Report for the year ended 31 March 2025 During the year, the charity delivered a variety of community programmes that supported wellbeing. education, and inclusion. Our key activities included mentoring lor young people and adults, youth sessions offering sptsrts and creative arts, dance workshops thal promoted confidence and cultural expression, and counselling service5 providing emotion81 support and gLJidance. We also operated a food bank, distributing essential supplies to families in need and linking them with further support where necessary. Together, these activities helped redu isolation, relieve hardship, and empower indiwduals and families to impr()ve their confiden, iesilience, and participation in cornrnunity life. The main activities undertaken during the year to fiirther the charity s purpose for the public benefit. During the year, the charity focused on supporting individuals and families facing sct4al and economic hardship through mentoring, youth engagement. dance, food support, and counselling. These activities were designed to promote personal development, wellbeing, and inclusion within the cornmunity. Our mentoring and youth sessions helped young people build confidence, develop life skills, and stay engaged in education and positive activities. Dance and creative workshops encouraged seW- expression and cultural connection, while our food bank provided essential relief to those struggling with the cost of living. Counselling and emotional support services offered a safe space for people to talk, rnanage stress, and irnprove their mental health all contributing directly to the ch8rity's public benefit aim5. The tTUStees have had regard to the Charity Corntnission's guidanGe on publiG benefrt in managing the activities of the charity. The short tgrn? and longer tgmi aims and objg¢tivgs. In the short tetm, the charity airns to continue delivering its core activities mentoring, youth progratntll8s, dance, food support, and coun5elling to me8t irMrn8di8te cotntnunity n8eds and support people experiencing hardship. We will strengthen volunteer capacity. improve service coordinalion. and reach more families in need of practical and emotional supFK)rt. In the longer term, our goal is to establish a sustainable community hub offering year-round wellbeing and etnpowertnenl progiammes. We airn to expand our rnentoring and coun5elling seroices, develop partnerships with local schools and agencie5, and s8cur8 Stable funding to ensure lasting imp8Ct on education, health, and commLJnty inclusion. The Charitys strategies for achieving its aims and objectives in the future. The charity will continue to build on its existing programmes by strengthening partnerships, developing its volunteer base, and improving a¢$$ to servi$ for disadvantaged groups. We plan to collatM)rate with local schools. councils. and community organisats'ons to deliver more targeted mentoring, youth, and wellbeing activities. We will also focus on improving our fundraising capacity through grant applications, comtnunity 8v8nts, and corporat8 Partn8rships to ensur8 fin8nci81 sustainability. By investing in training for volunteers and staff, we aim lo maintain high-quality service delivery and expand our reach, ensuring long-term impact on the lives ol individuals and families we support.
TRANSFORMATIONS ALLIANCE Trustees. Annual Report for the year ended 31 March 2025 How the actlvltles undertaken durlng the year contrlbuted to the achlevement of the aims and objectiTves. ThÈ activities dÈlivÈod during IhÈ year directly supported IhÈ charity s aims of promoting wellbeing, education, and social inclusion. Through mentoring and youth sessions. participants g3ine(I confidence. developed life skills, and engaged positively in education and community life. Dance and creative workshops helped Improve m&ntal and physical wellbeing while fostering cultural pride and social connection. The food bank and counselling services provided imrnediate relief and emotional support for indiwduals and fami118s facing hardship, reducing Isolation and Improving r&silience. Together, these 8ctivili8s work8d towards th& charity s long-term objèctive of ¢atIng a strongèr, morè intlusivè community whe@ everyonÈ has the optKKlunity to thrive. Resources used ITn the activities undertaken during the year. he charity's activities were delivered through the dedication ol volunteers, donated goods. and financial contributions from grants and community fundraising. Our team ol volunteers played a vital rtsle in running mentoring sessions, youth activities, food distribution, and dance workshops. We used part of our funds to cover essential oosts such as venLJe hire, food supplies, equipment, rnaterials lor activities, and counselling support. The trustees also contributed their time and expertise on a voluntary basis to manage operations, partnerships, and govemance, ensuring that all resources were used effectively to maximise public benefit. Social investm8ntpolicies and how thesg contributed to thg achiTov8ment of charitys aims and objectives during the year. The charity did not hold any fomial social investrnents during the year. All available funds were used dir8cYy to support charitable activit18s such a5 mentoring, youth 8ngagement, food provision, and counselling. By prioritising the direct use of resources to meet cornrnunity needs, the charity ensured that every contribution made a measurable drfference to the wellbeing and inclusion ol local people. The contribution of volunteers during the year. Volunteers pl8ygd an gssential rde in delivering 811 our adivitie5 throughout the year. They supported Mentoring and youth sessions, organised dance workshops, distributed food parcels, and assisted with counselling and emotional support services. Their comtnitment, b"tne, and skills enabled the charity to reach more people and keep costs low, ensuring that limited fund5 were focused fionuine delivery. The trustees w5h to record their sincer8 Ihanks to 811 volunt8ers for th8ir continu8d dedication and positive impact on th8 communily.
TRANSFORMATIONS ALLIANCE Trustees. Annual Report for the year ended 31 March 2025 The main achievements and performance of the charity during the year. During the year, the charity successfully expanded ils community support work and strengthened its local presen. We delivered regular mentoring sessions and youth activities that helped participants build confidence, develop skills, and stay engaged in education and positive lifestyles. Our dance workshop5 prornot8d wellbeing and inclusion, with strong participation frotn young people and families. Through our food bank, we supported households lacing financial hardship with essential supplies. while our counselling service provided emotional support to individuals struggling wth stress, anxiety, and isolation. Feedback from beneficiaries showed impioved wellbeing, stronger community connection, and increased confidence in seeking help. These outcomes demonstrate th8 ch8rity's growing impact 8nd progress lowards its long-t8rm goals of ernpow8rrn8nt, inclusK)n, and ¢ommunity resilience. The difference the charitys performance durlng the year has made to the beneficiaries of the charity. The charity's work this year made a meaningful difference in the lives of many individuals and families. Beneficiaries reported feeling more supported, confident. and connected as a result ol taking part in our mentoring, youth, and darn programmes. Young people gained valuable life skills, improv8d s81f-estBern, and developed a stronger s8ns8 of belonging within their community. Families receiving food parcels eXperIend relief from immediate financial pressure, while those accessing counselling and emotional support ported redUd isolation and belter mental wellbeing. Overall, our activities have helped people become more resilient, hopeful, and engaged, dernonslrating the positive irnpacl of the chariws perforrnance throughout the year. The degree to whlch the achlevements andperforman¢e durlng the year have benefited WiTder society. The Charity's a¢hievements have had a positive effe beyond individual benefi¢iaries, strengthening community cohesion and wellbeing. By supporting young people through mentoring, providing food and counselling to families in need, and promoting inclusion through dance and cultural aetivilies, the charrty has helped reduce isolation and promote mutual understanding acros5 different groups. Our work has encouraged volunteerism, fostered collaboratrn with local org8nisations, and contributed to a more caring and resilient community. In this way. the charivs performance during the year has delivered tangible benefits not only to partiapants but to wider society as a whole. The significant charitablg activitlgs undertaken ITn tho ygar. The charity's signfficant activities during the year included mentoring and youth engagement progratntnes, dance and creative workshop5, the operation ol a food bank, and the prov15ion of counselling and etnotional support. These activities were focused on improving wellbeing, r8ducing hardship, and promoting social inclusion for individuals and f8mili8s faang disadvant8g8 Wlthin the community. How the achievements during the year measure up to the objectives set.
TRANSFORMATIONS ALLIANCE Trustees. Annual Report for the year ended 31 March 2025 The charivs achievements during the year aligned well with the objectives set. We continued to deliver our core services, rnentoring. youth activities, dan. fwd support. and counselling, ensuring that disadvantaged individuals and families received the help they needed. Participation levels and feedback from beneficiaries showed clear improvements in wellbeing, confiden, and social inclusion, dernonstrating pr(NJres5 towards our 5hort-tertn goals. By expanding our reach and strengthening partnerships within the community. the charity 81s0 made positive steps toward ils longer-term aim ol providing sustainable and acTrssible support services. Overall, the results achieved this year provided strong evidents that the charity is successfully working towards its aims and objectives. The methods used to recruit and appoint new charity trustees. New trustees are recruited through open community engagement and personal recomrnendations frorn existing board tn8mb8rs and partners who understand th8 charity's values and obj8Ctives. Potential trustees are invited to attend meetsngs to learn about the charity's work before formally joining. Al new trustees are appointed by the existing board in accordance with the governing document. They receive an induction eovering the chaiiws structu, policie5, and legal 5p(>n$ibilitles to 8nsure they can contribut8 8ffectiV81y to gov8rnanc8 and decision-m8king. The policies and procadures for thg induction and training of trustegs. New trustees are given an induction pack that includes the charity s governing document, iecent annual reports, policies, and information on their legal duties and responsibilities. They are introduced to key staff and volunteers. and invited to attend programme activities to gain a practical understanding ol the charity's work. Ongoing training Is provided through trustee meetings, Charity Commission guidance updates, and exlemal workshops where relevant. This ensuie5 all trustees remain informed, confident, and 8qUIPP8d to carry out th8ir govem8nce roles 8ffectiV81y. Bankers Financial review Nalwest Bank- 8 Park Row LS1 5HD The charitys financial position at the end of the year ended 31 March 2025 The financial position ol the charity at 31 March 2025 and comparatives lor the prior period, as more fully detailed In the accounts, can be surnmaiised as follows'.- 2025 2024 N8t Income 9.484 Unrestricted Revenue Funds available for Ihe g8n8rdl purposes of the charity 7,170 Restricted Revenue Funds 2,314 Total Funds 9,484
TRANSFORMATIONS ALLIANCE Trustees. Annual Report for the year ended 31 March 2025 Financial review of the position at the reporting dats. 31 March 2025. At 31 March 2025, the charity r8m8in8d in a stable financial position. Total income for th8 ar was modest but sufficient to meet core running Costs and deliver all planned activities. including mentoring. youth sessions, dance workshops, fcK)d bank operations, and counselling support. Expenditure was managed carefully to ensure that the majority of funds were directed toward frontline delivery and community benefrt. The ¢h8rity ended the financi81 year with a small surplus and positive cash balan, reflecting prudenl financial management. Trustees are satisfied that Ihe charity's finances are being used effectively and that it continues to operate on a sound and sustainable basis to meet its charitable objectives in the coming year. Policios on resgNes. The charity aims to maint8in 8 modest18vel of r8serves to ensure continuity of its 8ctiviti&s and to meet any unexpected costs. Trustees review the financial FK)Sition regularly and seek to hold reserves equivalent to approximately three months of core operating expenses. Given the eharrty's small size, most Income Is applied direetly to charitable activities. Any surplus funds are ietained to strengthen future 5etvice delivery, support sustainability, and provide a cushion ag8lnSt funding delays or emerg8nci8S. Going Concern The trustees have reviewed the charity's financial position and a confident that it remains a going COnr. The charity continues to manage its resource5 prudently and maintains positive relationship5 Wlth funders, partner5, and the local cornmunity. Based on current incorne levels. reserves. and planned fundraising activities. the trustees believe the charity has sufficient resources to continue operating for the foreseeable future and to deliver its planned charitable objectives. Availability and adequacy of assets of each of the funds Th8 board of trLJSt8es 15 satisfi8d that th8 charity'5 8ss8ts in 88ch fund ar8 avail8b18 and ad8qU8te to fulfil its obligations in respect Df each fund.
TRANSFORMATIONS ALLIANCE Trustees. Annual Report for the year ended 31 March 2025 Detalls of The Independent Examlner Ousman Manlang Member of Chartered Accountancts Northgale. 118 North Street 2nd Floof Warkspace Hub Leeds Wesl Yorkshire LS11 90A Statement of Trustees. Responsibilities The charity's trustees a responsible for the preparation ol the accounts in accordance wth the terrns of th8 Charities Act 2011 8nd the Charities IAccounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in Ihe ex18nt statutory regulations,Ihe Charities IAccoLJnts and Reports) Regulations 2008, lo prepare the financial statements in accordance with the SORP 2005, in view of the lacl that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as qUIring them lo lolltsw current best practi and prepare the accounts according to the FRS 102 SORP (Statement of Recotnrnended Practice lor Accounting and Reporting by Charities) 2019, applicable to 8118ccounting period5 beginning on or after 1st January 20191, (The SORPI, In particular, charity18w requires th8 Truste8s, if th8y pr8par8 accounts on an 8ccru8ls ba515, to prepare financial statements for each financial ye8r which give a true and fair view of the state of affairs ol the Charity as at the end of the financial year and ol the surplus or deficit ol the charity. In preparing those financial statements the Trustees are required to - to prepare the 8ccounts in acwrdancg with United Kingdorn Generally Acc8Pted Acwunting Practice Iunited Kingdom Awounting Stsndards and applicable lawl. select suitable accounting policies and apply them consistently., make judgements and estimates that are reasonable and prudent., prepar& th8 financial statements on the going conc8rn basis un185S it is inappropriate to presume that the charity wll continue in business", state whether applicable accounting standards and statements ol recomrnended practi have been followed. subject to any material departures disdosed and explained in the financial statements., The law requires that the trustees must not approve the accounts unless they are satisfied that they give a twe anij fair view ol the state ol affairs ol the charity and of the surplus or deficit of the charity for the year. Th8 Trust88s ar8 also r8sponsibl8 for rnaintaining adequat8 accounting records which disclos8 with r88sonable accuracy at any lime the financial position of th8 charity and which are suffici8nt to show and explain the charitys tranSalonS and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets ol the charity and hen for taking reasonable steps for the preventk)n and detection of fraud and other Irregularities. The Trustees 3re also responsible for the contents of the Trustees, rewrt. 8nd the slalutory responsibility of the Independent Examiner in relation lo the Trustee8' report is limited lo examining Ihe report and ensuring that, on the face of the report, there are no matenal inGOllSiSt2ncie5 Iwlh the figures disclosed in the financlal staternents.
TRANSFORMATIONS ALLIANCE Report to the direclors on the preparation of the unaudlted statutory accounts of TRANSFORMATIONS ALLIANCE for the year ended 31 March 2025 a practising memberfinn of the Association of Chartered Certif1 Accountants, we are subject to its ethical and other profossional requirements which ar6 detailed at hltp:Ilrulebook.accaglobal.¢oml Elland Accountancy Ltd Chartered Accounlancls Northgate, 118 North Street 2nd Floof Workspace Hub Leeds West Yorkshire LS119oA 2Q October 2025
TRANSFORMATIONS ALLIANCE _ Statement of Financial Activities for the year ended 31 March 2025 Statement off Fln•ncAalActlvltles lor Ihe year ended 31 March 2025 Currenty•4r CurMnty•ar R•stilct•d CU• y•ar Total Funds Total Funds Fynd 2025 2025 2025 2024 IncomÈ& Etsdowmentsfmm". DOaS & Legacies A1 19.865 Exwndituro On.. RalTr9 funds Charrtabl&acbviti8s 4.157 B.538 5.317 3.619 9,474 12,157 B2 Totsl èxpondlturo 12.699 B.936 21.631 N•t incomo forth• year 7,170 2,314 9,4B4 Net In¢ome aftertransfers 7.170 2.314 9.484 N•t rnovqm8ntin funds 7.170 2.314 9.484 Rec¥n¢llt1On tsf fund$'.- T¥tsi lund$t&trd forwrd 2.314 9.484 Tre'SORP Ref IndKated above Is Ihe ¢lasgifi¢ation of Income s&tOvt lffl the lormal SORP documents. As reqJir8d by paragraph 4.80 Dlthe SORP. the broughlforwatd and lo[d fund5 above have beenagreed IDthe Balance Shegt Al the pMrYeartran5aCtllSwEre unrestnBted iierns, and no furtheranalysis 15 requir l activthes derivefrom continuing operations Tho nots8 8it8chod on p8go8 19 to 20 fomi an Intogr¥l part of tho$8 •¢¢outts. Movements in revenue and capital fund5 for the year ended 31 March 2025 R6v6nu6 a¢¢umu14t8d funds Resirfctrd Tol La¥tye Total Fundi Fund¥ Funds Funds 2025 2025 2425 2024 Reca9ni%ed 9ains and losses befote transtsrs 7.170 2,314 9.484 7,17ts 2,314 9,464 Closi9 r•wnuofunds 7,17Q 2,314 9,484 Summary of funds Un51Cld nd Rcted L45tYp4r FundB Fund5 Tolal Fund5 25 2025 2025 2024 Revenue 8¢¢umuLaied lunds 7.170 2,314 9.484 10
TRANSFORMATIONS ALLIANCE _ Statement of Financial Activities for the year ended 31 March 2025 The notes attached on pages 19 to 20 form an integral part of these accounts. TRANSFORMATIONS ALLIANCE Income and ExpÈnditurÈ Acctsunt forthè year ended 31 Marth 2025 as required by the Companie¥ Act 2006 2025 2024 Inc[neM Op&ratiS Invtyneni Income Gro$4 inwme in the year before Èx¢eptional itemg 31.115 Gr inGomE in theyeAr inrluding exGeptional itetn¥ 31.115 Exp8nditur Charitsble expendIre. excknding deprEcMn and amortIsarn Fundra1 costs Gov@manB8 costs R1@d on dispossts olsocialinv8stm8ntswhth ar@ programm8 rat@d 9.474 821 Total expendlture In the r 21,631 Mg¢lncomg bgforetsx In Ihg finan¢bl 9,4B4 Taxon surp80 ordinaryaBtivitiES M•tlncom•aft•rtax lffl th8flnafflclaly•ar 9,484 Retalned $urplu$ forthe flnan¢lal year 9,484 12cIIvilles derive from continuing oper£llon$ In a¢¢or(lance th& provi6Of1g Companlgs Aci 2006. ihe headMg$ and subheadln9s usgd In ihe Incomg and Expenditure accounthave bBen adapied to rEftEcI SFEciel naiure olthe chariVsactrvitie5
TRANSFORMATIONS ALLIANCE - Balance Sheet as at 31 March 2025 SORP Note Ref 2025 2024 Current assets Cash at bank and in hand B4 8,963 CditOrS.. amounts falling due within one year 13 C1 521 Net current assets 9.484 The total net assets of the charlty 9.484 The total net a55ets of the charity are fundeil by the funds of the charity, as follows-. Restrlcted funds Restrided Revenue Funds 25 D2 2,314 2,314 Unrestricted Funds Unrestri¢ted Revenue Funds 25 D3 7.170 7.170 Dèsignated Funds Total charity fund8 9,484 The'SORP Ref indicated above is the classification of Balan Sheet items as Set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have L)een agreed lo the SOFA.. The Trustees acknowledge their responsibilities for complying wilh the requirernents of charity legislation with respect to accounting COrdS and the pparatIon of a¢counts. The Trustees are satisfied that. although the ¢harity Is not giStered under the Companies Acts. il il so registered, il would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicabl8 to companies 8ubj8cI to th8 small companies regime. Eklmankama ¢hlnedu Trustee Approv8d by the board of trust88s on 20 Octob8r 2025 The notes attached on payes 19 to 20 fomi an Inteyral part of these a¢¢ounts. 12
TRANSFORMATIONS ALLIANCE Cash Flow Statement for the year ended 31 March 2025 2025 2024 Cash flows from operating activities Net cash provided by operating activities as shown below 8,963 Cash flows from flnanclng actlvltles Net cash provided by financing activities Ovgrall Cash providgd by all activities A+B+C 8,963 Cash movements Change in cash and cash equivalents from activities in the year ended 31 March 2025 8,963 Cash and eash eqLJivalents at 1 April 2024 Change in cash and cash equivalents due to exchange rate movements Cash at bank and in hand less overdrafts at 31 March 8,963 13
TRANSFORMATIONS ALLIANCE Cash Flow Statement for the year ended 31 March 2025 TRANSFORMATIONS ALLIANCE Cash Flow Statement for the year ended 31 March 2025 - Continued Reconciliation of net income to net cash flow from operating activities Net inctsme as shown in the Statement of Financial Activities 9,484 Adjustments for:. Write downs of investments Net unrealised losses on investment assets Increase in creditors, excluding loans 15211 Net cash provided by operating activities 8,963 Analysis of cash and cash equivalents 2025 2024 Cash in hand at for the year ended 31 March 2025 Notice deposits- Iless than 3 months) 8,963 Total cash and $h gquivalgnts 8,963 14
TRANSFORMATIONS ALLIANCE Notes to the Accounts for the year ended 31 March 2025 1 Accounting policies Policios relating to the production of the accounts. Basis of preparation and accounting convention The a¢counls have been prepared on the a¢cnJals basls. under the histod¢al cost conventlon. and in ac¢ordan¢e with the Finan81 Reporting Standard 102, (effective 1st January 20161 and'FRS 102 SORP Iststetnent of Recommended Practice for Accounting and Reporting by Charit18sI 2019, applicable to all accounting periods beginning on or after 1st January 20191. (The SORPI. published by the Charity Commission In England & Wales ICCEWI . and In ac¢ord8n¢e wth all applicable law in the charity's jurisdiction of registration. except that the charity ha5 prepared the financial statements in accord8nce with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019. applicable to all a¢¢ounting periods beoinning on or after 1st January 20191, IThe SORPI. in prefenCe to the previous SORP, the SORP 2(X)5, which has been wthdrawn, nolwithstanding the fact thal the eant statutory regulations, the Charities IAccount8 and Reports) Regulations 2008 refer 8xplicitly to the SORP 2005. This has bean done to accord with Current best pra1. Golng ¢on¢ern Under 3.38 and to comply with 3.14, if th8r& are no unc8rt8inlies about gng concern this MUST b8 Stated. Under 3.39, if there are uncertainties details must be given. Enter text here to CoMY Th8 charitable activities are entirely dependent on continuing grant aid and vdunlary donations as well as trading revenues. As a Gonsequence. the going concern basls Is dependent on the future flow of these uncertain fundlng streams. Accordingly, the Trustees have obtained forecasts and, after reviewing the financial forecasts for future periods to 31 Dember 2020, the Trustees are Satisfied that, at the time of approving the finan¢ial statements, it is appropriate to adopt the going concern basis in pparIng the financial statements. Other than these matters. the Trustees a not aware of any rnateri81 uncertainites about the charitys ability to ntInue as a going concern. Pollcles relatlng to catagorles of Incomg and Incomg rgcognltlon. Nature of income Gross income represents the value, net of value added tax and discounts, of goods provided to ¢ustome15 and work carried out in respect of s8Nices provided to customers. Categories of Income Income Is ¢ategorised as income from ex¢hange transactions Icontrad income) and income from non-exchange transactions Igiftsl, investrnent incorne and other income. Income from exchange transactions is rec8ived by th8 charity for goods or s8rvic8s supplied und8r contract or where entitlement is subjed to fulfilling performance related conditions. The incotne the charty receives is appro[natelY equal in value to the goods or servic8s supplied by the charity to the purchaser. In¢ome from a non.ex¢hange transactlon is Whe the charity reIveS value from the donor without providing equal value in exchange, 8nd includes donations of money, goods 8nd services freely given without giving equal value in exchange. In¢ome re¢ognltlon 15
TRANSFORMATIONS ALLIANCE Notes to the Accounts forthe year ended 31 March 2025 Income, whether from exchange or non exchange transactions. is recognised in the slatetnent of financial activities ISOFAI on a receivab18 b8sis, wh8n a transaction or oth8r evenl results in an increase in the charity's assets or 8 reduction in ils liabilities and only when the charity has legal entitlement. the income is probable and can be measured reliably. Dividends are a¢¢rued when the shareholder's right to re1ve payment is established. Income Subject to terrn5 and condition5 which must be met before the charity 18 entitled to the resources 18 not recognised until the ¢onditions have been met. All income is accounted for gross, b8fore deducting any r81at8d f885 or costs. Accounting for deferred income and income received in advanc8 Where terms 8nd conditions relating to income h8ve not been met or uncertainty @SIS as to whether the charity can m88t any te$ or conditSons olheNrise withln its control. incotne is not recognised bul Is deferred as a liability until It is probable that the terms or conditions imposed can be met. Any grant that is subject lo performance-related conditions received in advance of delivering the g(K)ds and services required by that condition. or is subje¢l lo unmet conditions wholly outside the control of the CIpient ¢harity. is a¢counted for as a liability and shown on the balance sheet as deferred incorne. Deferd inwrne is released to inCce in the r8POrting period in which the rfOrMance-re1ated or other conditions that limit r8cognilion are rnet. When income from a grant or donation has not been recognised due to the Conditions applwng lo the gift not being wholly within the control of the recipient charity. it is disdosed as a contingent asset if receipt of the grant or donation is probable onc8 thos8 conditions ar8 m8t. Where lime rdated conditions are itnposed or irnplied by a funder, then the income is Epportioned lo the titne periods concerned,and, where applicab18, is accounted for 8s a liability and shown on the balance sheet as deferred income. When grants are reiVed In advance of the expenditure on the activity funded by them. but there a no specific tirne related conditions, then the income is not deferred. Any Condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the inwme Concerned, but a liability lo any paYment is recniSed when payrnent bewmes probable. Income from 18gaci85 Income from legacies is recconised when the ch8rily has sufficient evidence that a gift has been 18ft to them, that wher8 ouired, probate has been granted. the executor is satisfied that the property in Question will not be required to $3tisfy clairn5 In the estate, that it is probable that the amount will be received by the charity, and the amount to be received can be estimated with sufficient a¢cura¢y, and that any Conditions attached to the legacy are either within the Control of the charity or have been mel. Wh8r8 a payrnent is r8ceived from an 8Stat8 or is notif18d as rec8lV8ble by the 8x8CUtors 8fter the r8POrting date and before the accounts are authorised for is8U8 bul it is clear that th8 payment had been agr8ed by the executors prior lo the end of the reporting perfod. then the amount concemed Is treated as an adjusting event and accrued as incotne the accounting period if receipt is probable. Where the charity has established entidement to a lega¢y but there is uncertainty as to the amount of the payment. details of the legacy aredis¢105ed as a contingent asset until the criteria for income recognrtion a met. whe a legacy is subject lo the inter8st of a lrfe tenant, the legacy is not r8cognis8d as income until th8 death of the life tenant. If it is doubtful that full settlernent of a legacy debtor will be received, then an adjustment is tnade to reduce the amount of th818gacy debtor and 18gacy incom8 rather than charying th8 adju8lm8nt as exp8nditure in the St8t8m8nt of Financial Donatod goods, facilities and $8rvice5 Donated fixed assets are recognised at the current fair value. All such donations are recognised as donztion incotne, and debited to fixed assets. 16
TRANSFORMATIONS ALLIANCE Notes to the Accounts for the year ended 31 March 2025 Donated ggod$ that are not ffixed assel$ are ac¢ounted for at a fair value, unless it is impractical to reliably measure the value of the donated items. In the absen of any direct evidenTr of fair value of donated goods, then a value is derived frotn the Cost of the itern to the donor or, in th8 C858 of goods th8t are 8xpgct8d to be sold, the 8Stimat8d r8sal8 value after deducting any anticipa18d ¢o$ts of sales. If it 15 impracticable to measure the fair value of goods donated for resale, or the costs of valuation oulweigh the benefits, the donated goods are wognised a$ in¢ome when sold. with an equivalent amount being re¢ognised as an expense. Th8 Costs of goods donsted for distribution to b8n8ficiari8s is d88med lo be the fair value of thos8 goods upon receipt. When the goods a distributed freely or for a nominal consideration. then the ¢arrying amount is adjusted at the time of sale, to the value at the point of distribution and the adjustrnenl is shown as a wst of donations tnade. The ¢arying amount of any slcck held for distribution is assessed for impairment al the reporting date. All donated goods are recognised as donation incorne. and debited to trading stock.when trading stock is subsequently sold, or appropriated to meet 8n 8xp8nse, then the carrying v8lu8 of th8 siock is r8cognised as an expen88. In accordanc8 Wlth the SORP. goods donated for distribution lo benefi¢iaries. or for consumption by the ¢harily are included in legacies and don8tions' Goods donat8d for resa18 are included in 'lncom8 from oth8rlradNng 8Ctiviti8S' The Cost of any stock of goods donated for distribution lo benefi¢iaries is deemed to be the fair value tsf those gifts at the lime of their receipt. If the goods held are to be distributed freely or for a nomin81 consideration, then the carrying afflount is subsequendy adjus18d to reflect the lower of deemed cost adjusted for any loss of 88Nice potential 8nd replacement sl. Replatsment cost Is the economi¢ cost Incurred il the Charity was to replace the service ptstentlal of the donated goods at its own expense in the most econotnic rnsnner. Donated setrvices and facilities linduding seconded staff and us& of prop8rtyl are included in the accounts on th8 basis of the value of the gift to the charity- All donated servi$ and facilities are recognised as donation income when e1ve,(proded the value of the gift Can be measured reliably) and recognis8d 85 an expense with an 8quival8nt valu8. Membership subscriptions Th8 incom8 and any associ8t8d Gift Aid or other lax refund from 8 m8mbership subscription r8ceived by th8 charity in the nature of a gift. is awounted for on the same basis as a donatson. Th8 incom8 from a membership subscription receiv8d by the charity where th8 subscription purcha88S th8 right to servi¢es or benefits is rewnised as in¢ome from ¢haritsble activities. Policies relating to expenditure on goods and seiCe5 provided to the charity. Recognition of liabilities and expenditu A liability. and the related expenditure. is ¢(niSed when a legal or constructive obligation exists as a result ol a past event. and when it is more likely than not that s transfer of econotnic benefits will be required in settlement, znd when the amount of the obligation can be measured or reliably estimated.. Liabilities arising frorn future funding commitments and constructive obligations, including Performan related grants, wher8 the liming or th8 amount of the future expenditur8 required to sett18 the obligation are uncertain, give rise to 8 provision in the 8ccounls. which is reviewed al the accounting year end. The provision Is In¢re2sed to reflect any increases in liabilities, is decreased by the utilisation of any provision wthin the period, and reversed if any promsion 18 no longer required. Th8s8 movem8nts are charg8d or cr8dited to the r8SP8CtiV8 funds and activities to which th8 provision lates. Alltscating costs to activities 17
TRANSFORMATIONS ALLIANCE Notes to the Accounts for the year ended 31 March 2025 Direct costs that are specifically related to an activrty are allocated to that activity. Shared direct costs and Supp cost5 are 8pportion8d belween activities. The basis for apporlionrnent, which is con5iStently applied. and proportionate to the circumstances, is:_ Staffing- on the basis of time spent in ¢onneclion with any particular a¢livily. Staffing- on a per capita basis, b888d on the number of of people employed within any partiular activity. Preml$e$ related ¢osts- on the proportion of flwr area o¢¢upied by a particular activity. Non specific support costs- on the basis of th8 usage of resources, in temis of time taken, capacity used. request rnade or other measures Estimation techniques used in apportioning c05ts- give details Volunt88rs In accordance with the SORP. and in COgnItion of the difficulties in placing a monetary value on the ¢ontribulion from volunteer5. the contribution of vdunteers is not included within the incorne of the charity. However, the trustees value the signfficant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note5. Pollcles relatlng to assets, Ilabllltles and provlslons and othermatter$. Flxed Asset Investments Fixed asset investments in quoted shares. traded bonds. investment properties and similar investments are shown initially at cost Upon 3CqUi5ition and at their tnarket value at the bzlance sheet date at the end of the finanaal period. Investtnent properties are not depreciated. Fixed asset investtnents in unlisted equities are shown at the balance Sheet date al the best estirnate of their market valu8, where practicab18. Where valu8tion techniques are considered unr81iable or wh8r8, In the opinion of the Irust88S, the costs outweigh the benefits lo the users of the 8ccounts. the inveslmènl is included at cost. and a review is undertaken at each year end as to whether the asset should be written down. All gain8 on fix8d 8sset inv8Stm8nts, wh8ther realis8d or unrealised, are included in row 84 of the Statement of Financial Social Investments Any realised gains or losses on any programe related inve51rnent assets are included in row A5 of the Statement of Financial Activities (The SOFA). All gains on other s181 investments, whether realis8d or unr8alis8d, ar8 includ8d in row 84 01 the Statement of Financial Activities Tangible fixed 8ssetS 8r8 me8sured 8t their original c081 v81ue, or subsequent rev81uation, or if donat8d, as described above. Cost value includes all ¢osts expended in bringing the asset into ils intended working Condition. Depreciation has been provided at the fdlowing rates In order lo write off tr* assets to their anticipated residual value over their estimated useful lives. Freehold premises Leasehold prernises Plant and machinery Motor vehicles O Wo Straight lin8 2 % straight line 20 Olo slraighl line 25 Yo Straight line Accounting for capital grants and fixed asset funds. 18
TRANSFORMATIONS ALLIANCE Notes to the Accounts for the year ended 31 March 2025 Gifts of tangible fixed assets or grants of a capital nature, given for the purposes of acquiring SPeriC as5els to be fulty utilised in the furtherance of the objects of the charity, are credited to fixed asset funds after the donated asset has been ceived or sums have been properly expended on the restricted purFN)se. Where the temis of the gift quire the ¢harity to hold the asset on an ongoing basis lor a spe¢ifi¢ purpose. then the fixed asset fund so created is categorised as a restricted fixed asset fund, and the relevant restrictions sre noted in the fixed asset noi8 0. Wh8r8 th8 terrn8 of th8 gift are m8l once th8 as58t is acquir8d, so allowing th8 charity to U88 the as88t on an unr8Stricted basis. including the right lo receive the proce$ of any future sale of the asset on an unrestricted basis. then the fixed asset fund so Created 15 categorised as a designated fixed asset fvnd. When assets are acquired for th8 furtherance of the charity's objects, utilising the charitrfs own unr8slricted funds, transfer Is made from unreslri¢led funds to a designated fixed asset fund. Whether acquired with Un$t1¢ted or restricted funds. the asset acquired is initially shown in the balance sheet at the full C05t of acquisition or subs8quent revaluation. As th8 r8lat8d 88setS are d8preciated, in accordanc8 with th8 depreciation policy,in order to re118Ct th8 dimunition in the asset.a transfer is made from the relevant fixed asset funds lo either unrestrioled or $tricted revenue funds. as appropriate to the terms of the original gift, if Eny. The effect ol this policy Is that the aggreg3te ol all fixed asset funds shall equate lo the net book value of fixed assets. In the first year that this poli¢y was adopted. a transfer to fixed asset funds was made equivalent to the net book value of the assets. Any residual liability to the donor srising from. for example, the asset's future sale. is disclosed as a Conlingenl liability unl85s the event that would trigger r8paym8nl of the grant bec0rn85 probable in which case a liability for repayment is r8cognised. Insofar 88 this policy r81ates lo Gov8rnm8nt grants and to th8 8Xt8nt that it may b8 a departure from the FRS 102 SORP (Statement of Re¢ommended Practice for Accounting and Reporting by Charities) 2019. 8pplicaNe lo all accounting periods beginning on 01 after 1st January 20191. IThe SORPI, such departure is justified on the b85iS that it is in order to comply with the SORP. 5 The ¢¢ntribution of voluntsers The charlty depends on the support of Its volunteers, whlch Is much appreclated. The charlty had 112 Volunteers who donated 1,847 hours Of thelr tlme stewardlng events. Other volunteers undertotsk 40 hours of malllngs anil distributions and two sp8ciali5t volunteers with DBS checks. spent 475 hours a year supporting the weekly chlldren's and young people's wrltlng groups. It Is estlmated that wlthout the help of volunteers, the Festlval would need to find the equivalent of over £20,000 to obtain similar servbces. The arrangements with volunteers are difficult to value precisely in monetary terms and have not been recognised in the Statement of Financial A¢tlvltles. The volunteers and the charlty accept and agree that no contract of employment 1$ created by these arrang8ments. 6 Staff costs and emoluments Salary costs 2025 2024 Gr05s Salaries excluding tru5tee5 and key management personnel 5,146 Tot81 salarles. wages and related costs 5.146 24 Particulars of how particular funds are represented by assets and liabilities At 31 March 2025 Unrestrf¢ted Doslgnated funds Restrl¢to Total ftjnds ftjnds Funds 19
TRANSFORMATIONS ALLIANCE Notes to the Accounts for the year ended 31 March 2025 Current Assets Current Liabilities 6,649 521 2,314 8.963 521 7,170 2.314 9,484 At 1 April 2024 Unrestricted funds Designated lund$ Restricted lunds Total Funds 25 Change in total funds over the year as shown in Note 24 , analysed by individual funds Funds brought Movement in tiThard from fund$ In 2025 Transfers between lunds in 2025 Funds carried forward to 2026 2024 See Note 26 Soe Note O Unre5trict8d anddesignat8d funds.'_ Unrestri¢ted Revenue Funds 7,170 7,170 Total unrestricted and designated funds 7,170 7,170 20
TRANSFORMATIONS ALLIANCE Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015 This analysiTS is class5ified by conventional nominal descriptions and not by activity. 30 Expgnditura on charitable activitios - Direct spgnding Current year Unrestrlctod Funds Current year R8strlctsd Funds Current year Prior Year Total Funds Total Funds Current Year 2025 2025 2025 2024 Gross wages and salaries - charitable activities Temporary Staff - Charitable Travel and Subsistence - Charitsbl8 Activities 2.145 2.125 4,270 625 251 876 1,452 961 2,413 Total direct spending B2a 4.222 3.337 7,559 31 Support costs for charltsbla acllvltles Current year Unrestricted Fut)ds Currènt year Restricted Fund8 Currènt year Prior Yèar Total Funds Totsl Fund8 Current Year 2025 2025 2025 2024 Employae costs not included in direct costs Recruitment expenses Employees, liability insurance 214 112 326 312 312 Volunteer costs Volunteers, expenses Training and welfare- volunteers Travel and subsistence - volunteers 1.125 892 952 125 1,250 892 997 45 Support Costs bgforo reallocation 3,495 282 3,777 Total support costs - Current Year 3,495 282 3,777 The basis of allocation of costs belween 8Ctivities is d85crib8d under accounting policies All the expenditure in the prior year was unrestricted. The basis of a11o¢ation of costs beeen activities is described under a¢counting policies 32 Other Expenditure - Governance costs Current year Unrestricted Funds Current year Restricted Funds Current year Total Funds Prior Year Totsl Fund8 Current Year 21
TRANSFORMATIONS ALLIANCE Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015 2025 2025 2025 2024 Independent Examinerfs fees 821 821 Total Governance costs 821 821 33 Total Charitable expenditure Current year Unrestrlctod Funds Current year Restrlcted Funds Current year Prior Year Total Funds Total Fund5 Currgnt Year 2025 2025 2025 2024 Total direct spending Total support costs Total Governance costs 82a B2d 82e 4,222 3,495 821 3,337 282 7,559 3,777 821 Total charitable expenditure B2 8,538 3.619 12,157 34 Expendiluro on rai$ing funds and ¢o$ts of invgslrngnt managemont Current year Llnrestricted Funds Current year Restricted Funds Current year Total Fund8 Prior Year Total Funds Current Year 2025 2025 2025 2024 Commissions payable Fundraising publicity & marketing Subcontracted fundraising Spare fundraising costs 1 1,245 1,452 1,245 215 3,251 895 4,496 2,347 1,460 1.171 215 956 Total fundraising cost5 B1 4,157 5,317 9,474 22