Registered number: CE028607 Charity number: 1198257
ITS NEVER YOU
(A Charitable Incorporated Organisation)
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
ITS NEVER YOU
(A Charitable Incorporated Organisation)
CONTENTS
| Page | |
|---|---|
| Reference and Administrative Details of the Charity, its Trustees and Advisers | 1 |
| Trustees' Report | 2 - 6 |
| Independent Examiner's Report | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 - 10 |
| Notes to the Financial Statements | 11 - 21 |
ITS NEVER YOU
(A Charitable Incorporated Organisation)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025
Trustees CM Menai-Davis, Chair J Bartram FM Menai-Davis (resigned 1 April 2024) GG Kray MA Menai-Davis A Pritchard T Nelson
Company registered number CE028607 Charity registered number 1198257 Registered office The Shire London St. Albans Road Barnet EN5 4RE Accountants Ashings Limited Chartered Accountants Northside House Mount Pleasant Cockfosters Herts EN4 9EB
Page 1
ITS NEVER YOU
(A Charitable Incorporated Organisation)
TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report together with the financial statements of the Charity for the 1 April 2024 to 31 March 2025. The Annual Report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
The period from April 2024 to March 2025 has been a significant and transformative year for It’s Never You. The Charity strengthened its support for parents of children with cancer, expanded its national reach, and achieved meaningful progress in advocacy and policy engagement. Alongside this, fundraising activity and public awareness grew substantially, enabling the Charity to support more families than ever before.
Objectives and activities
a. Policies and objectives
The Charity exists for the public benefit to preserve and protect the health and wellbeing of families who have children with life limiting illnesses, by providing advice, support, facilities, and resources not ordinarily available through statutory provision..
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
b. Strategies for achieving objectives
The Charity delivers its objectives by:
-
Providing direct emotional, practical, and financial support to parents of children undergoing cancer treatment;
-
Creating accessible digital platforms and communities for parents;
-
Advocating for systemic change to improve how parents are supported during and after a child’s illness;
-
Raising awareness of the wider impact childhood cancer has on families.
c. Activities undertaken to achieve objectives
During the year the Charity focused on:
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Expanding parent support services across the UK;
-
Delivering tangible support to families in hospital settings;
-
Building peer-to-peer community between parents;
-
Advancing advocacy work to influence policy and legislation.
d. Main activities undertaken to further the Charity's purposes for the public benefit
For the benefit of the public to preserve and protect the health of families who have children with life limiting illness by providing and assisting in the provision of advices, facilities and equipment not normally provided by the statutory authorities.
Page 2
ITS NEVER YOU
(A Charitable Incorporated Organisation)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Achievements and performance
a. Main achievements of the Charity
a. Parent Support and Services
Supporting parents remains at the heart of It’s Never You’s work. During the year, the Charity’s Children’s Cancer Platform expanded further and is now present in almost every paediatric oncology hospital in the UK, enabling direct engagement with families when they need it most.
Key developments during the year included:
-
Redesigned Digital Platform : The Charity’s app was redesigned to prioritise practical resources, forms, signposting to partner charities, and community connection. Feedback from parents has been overwhelmingly positive.
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Grief and Bereavement Support : A dedicated grief section was introduced within the app to support parents whose child has died, providing specialist resources and peer connection.
-
Counselling Services : One to one counselling sessions were introduced for parents, delivered remotely to ensure accessibility. The Charity aims to provide sessions within 48–72 hours of a request, with costs covered by the Charity.
-
The Hughy Fund : The Hughy Fund continued to provide direct financial relief to parents whose child is an inpatient receiving treatment. Support included food vouchers, Amazon vouchers, Deliveroo vouchers, wellbeing items, and themed gifts for children.
-
Partnership Support : Through partnership working, the Charity distributed donated blankets, hats, and scarves to parents in hospital settings.
b. Advocacy and Policy Impact
Advocacy remained a central pillar of the Charity’s work throughout the year, with significant progress made despite political change and external constraints.
-
National Media Coverage : Hugh’s Law received substantial national media attention during the period, significantly increasing public awareness of the challenges faced by parents of seriously ill children and strengthening support for legislative change.
-
Impact of the General Election : Progress on Hugh’s Report, which had been committed to at the despatch box, was interrupted due to the General Election. As a result, work on the report concluded under the previous Government before it could be formally advanced.
-
Parliamentary Engagement Under the New Government : Following the General Election, a newly elected Member of Parliament publicly supported the campaign. In July, this MP raised Hugh’s Law directly at Prime Minister’s Questions, helping to re-establish momentum for the issue at the highest level of Government.
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Parliamentary Drop-in Session : The Charity held its first parliamentary drop-in session, which was attended by over 75 Members of Parliament from across parties. This event marked a significant step in building cross-party understanding and support for Hugh’s Law.
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Cross-Party Support : A cross-party letter signed by over 78 MPs was formally delivered to 10 Downing Street, calling for the introduction of Hugh’s Law and improved financial support for parents of seriously ill children.
These activities significantly strengthened the Charity’s profile within Parliament and reinforced the cross-party nature of support for reform.
Page 3
ITS NEVER YOU
(A Charitable Incorporated Organisation)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Achievements and performance (continued)
b. Fundraising activities and income generation
Fundraising activity during the year played a vital role in supporting the Charity’s work and increasing awareness. Major fundraising initiatives included:
-
London Marathon : Two supporters completed the London Marathon, raising funds and national awareness.
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National Three Peaks Challenge : A demanding endurance challenge that attracted strong community backing.
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Golf Days : Multiple successful golf fundraising events held throughout the year.
-
Christmas Butterfly Ball : The Charity’s first black tie fundraising ball, which was a significant success both financially and in strengthening supporter engagement.
These events not only generated essential income but also helped build lasting relationships with supporters and partners.
Page 4
ITS NEVER YOU (A Charitable Incorporated Organisation)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
b. Reserves policy
The Trustees aim to maintain sufficient reserves to ensure the Charity can meet its commitments and continue to deliver its objectives while managing financial risk responsibly.
Structure, governance and management
a. Constitution
Its Never You is registered as a charitable incorporated organisation and was set up by a Memorandum of Association dated 15 March 2022.
b. Methods of appointment or election of Trustees
The Charity is governed by a Board of Trustees, who are appointed and elected in accordance with the governing document. The Trustees are responsible for the strategic direction, oversight, and governance of the Charity.
Members' liability
The members of the Charity guarantee to contribute an amount not exceeding £1 to the assets of the Charity in the event of winding up.
Conclusion and future goals
Building on the progress made during the year, the Charity’s priorities for the coming period include:
-
Expanding The Hughy Fund to support more families;
-
Increasing access to counselling and wellbeing support;
-
Continuing advocacy to ensure Hugh’s Law and Hugh’s Report lead to tangible, lasting change;
-
Further extending the Charity’s reach so no parent feels alone during their child’s cancer journey.
Page 5
ITS NEVER YOU (A Charitable Incorporated Organisation)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Statement of Trustees' responsibilities
The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
-
observe the methods and principles of the Charities SORP (FRS 102);
-
make judgments and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 7 January 2026 and signed on their behalf by:
ceri menai-davis Signed on 12 February 2026 @ 15:49
CM Menai-Davis
(Chair of Trustees)
Page 6
ITS NEVER YOU (A Charitable Incorporated Organisation)
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025
Independent Examiner's Report to the Trustees of Its Never You ('the Charity')
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2025.
Responsibilities and Basis of Report
As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Countersigned on 12 February 2026 @ 16:10
Signed: Darryl Ashing
Dated: 7 January 2026
FCA
c/o Ashings Limited Northside House Mount Pleasant Barnet EN4 9EB
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ITS NEVER YOU
(A Charitable Incorporated Organisation)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025
| Note Income from: Donations and legacies 3 Total income Expenditure on: Raising funds 4 Charitable activities 5 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2025 £ 175,870 175,870 3,847 87,014 90,861 85,009 207,766 85,009 292,775 |
Total funds 2025 £ 175,870 175,870 3,847 87,014 90,861 85,009 207,766 85,009 292,775 |
Total funds 2024 £ 102,284 |
|---|---|---|---|
| 102,284 | |||
| 11,928 37,399 |
|||
| 49,327 | |||
| 52,957 | |||
| 154,809 52,957 |
|||
| 207,766 |
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 11 to 21 form part of these financial statements.
Page 8
ITS NEVER YOU
(A Charitable Incorporated Organisation) REGISTERED NUMBER: CE028607
BALANCE SHEET AS AT 31 MARCH 2025
| Note Fixed assets Intangible assets 10 Tangible assets 11 Current assets Cash at bank and in hand Current liabilities Creditors: amounts falling due within one year 12 Net current assets Total assets less current liabilities Net assets excluding pension asset Total net assets Charity funds Restricted funds 14 Unrestricted funds General funds 14 Total unrestricted funds 14 Total funds |
259,576 259,576 (2,136) 292,776 |
2025 £ 34,407 929 35,336 257,440 292,776 292,776 292,776 - 292,776 292,776 |
170,313 170,313 (2,676) 207,766 |
2024 £ 38,469 1,660 |
|---|---|---|---|---|
| 40,129 167,637 |
||||
| 207,766 | ||||
| 207,766 | ||||
| 207,766 | ||||
| - 207,766 |
||||
| 207,766 |
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ITS NEVER YOU
(A Charitable Incorporated Organisation) REGISTERED NUMBER: CE028607
BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025
The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 07 January 2026 and signed on their behalf by:
ceri menai-davis Signed on 12 February 2026 @ 15:49
CM Menai-Davis
(Chair of Trustees)
The notes on pages 11 to 21 form part of these financial statements.
Page 10
ITS NEVER YOU
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Its Never You meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
1.2 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
1.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
1.4 Research and development
Development costs are capitalised within intangible assets where they can be identified with a specific product or project anticipated to produce future benefits, and are amortised on the straight line basis over the anticipated life of the benefits arising from the completed product or project.
Deferred research and development costs are reviewed annually, and where future benefits are deemed to have ceased or to be in doubt, the balance of any related research and development is written off to the Statement of Financial Activities.
1.5 Intangible assets and amortisation
Intangible assets costing £NIL or more are capitalised and recognised when future economic benefits are probable, and the cost or value of the asset can be measured reliably.
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
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ITS NEVER YOU
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting policies (continued)
1.5 Intangible assets and amortisation (continued)
Amortisation is provided on intangible assets at rates calculated to write off the cost of each asset on a straight-line basis over its expected useful life.
Amortisation is provided on the following bases:
| Patents | - | 10 | % | Straight line |
|---|---|---|---|---|
| Development expenditure | - | 10 | % | Straight line |
| Trademarks | - | 10 | % | Straight line |
1.6 Tangible fixed assets and depreciation
Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
Computer equipment - 15% Straight line
1.7 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
1.8 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
1.9 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Page 12
ITS NEVER YOU (A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting policies (continued)
1.10 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
2. General information
The charity constitutes a public benefit entity as defined by FRS102.
The charity is a Charitable Incorporated Organisation incorporated in England with registered office situated at The Shire London, St. Albans Road, Barnet EN5 4RE.
3. Income from donations and legacies
| Unrestricted funds 2025 £ Donations 175,870 Unrestricted funds 2024 £ Donations 102,284 |
Total funds 2025 £ 175,870 |
|---|---|
| Total funds 2024 £ 102,284 |
4. Expenditure on raising funds
Costs of raising voluntary income
| Unrestricted funds 2025 £ Third party subscriptions 562 Publicity 3,314 Bank charges (29) 3,847 |
Total funds 2025 £ 562 3,314 (29 |
|---|---|
| 3,847 |
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ITS NEVER YOU
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. Expenditure on raising funds (continued)
Costs of raising voluntary income (continued)
| Third party subscriptions Publicity Hire of venue Bank charges |
Unrestricted funds 2024 £ 446 9,669 291 (16) 10,390 |
Total funds 2024 £ 446 9,669 291 (16) 10,390 |
|---|---|---|
Other trading expenses
Total funds 2025 £
Page 14
ITS NEVER YOU
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. Expenditure on raising funds (continued)
Other trading expenses (continued)
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2024 | 2024 | |
| £ | £ | |
| Charity trading expenses | 1,538 | 1,538 |
5. Analysis of expenditure on charitable activities
Summary by fund type
| Unrestricted funds 2025 £ Support website 52,622 Family support activities 28,993 Amortisation and depreciation 5,399 87,014 Unrestricted funds 2024 £ Support website 7,142 Family support activities 24,888 Amortisation and depreciation 5,369 37,399 |
Total 2025 £ 52,622 28,993 5,399 |
|---|---|
| 87,014 | |
| Total 2024 £ 7,142 24,888 5,369 |
|
| 37,399 |
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ITS NEVER YOU
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. Analysis of expenditure by activities
| Activities undertaken directly 2025 £ General - Family support activities 28,992 Amortisation and depreciation 5,400 34,392 Activities undertaken directly 2024 £ Support website - Family support activities 24,888 Amortisation and depreciation 5,369 30,257 7. Independent examiner's remuneration Fees payable to the Charity's independent examiner for the independent examination of the Charity's annual accounts Fees payable to the Charity's independent examiner in respect of: All other services not included above 8. Staff costs Wages and salaries |
Support costs 2025 £ 52,622 - - 52,622 Support costs 2024 £ 7,141 - - 7,141 2025 £ 540 900 2025 £ 12,000 12,000 |
Total funds 2025 £ 52,622 28,992 5,400 |
|---|---|---|
| 87,014 | ||
| Total funds 2024 £ 7,141 24,888 5,369 |
||
| 37,399 | ||
| 2024 £ 420 780 |
||
| 2024 £ - |
||
| - |
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ITS NEVER YOU (A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
8. Staff costs (continued)
The average number of persons employed by the Charity during the year was as follows:
| 2025 | 2024 | |
|---|---|---|
| No. | No. | |
| Administration | 1 | - |
No employee received remuneration amounting to more than £60,000 in either year.
9. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .
During the year ended 31 March 2025, expenses totalling £ 3,425 were reimbursed or paid directly to 1 Trustee (2024 - £1,854 to Trustee) . Theses expenses represent costs incurred on behalf of the charity such as travel, fundraising costs and sundries.
10. Intangible assets
| Cost At 1 April 2024 Additions At 31 March 2025 Amortisation At 1 April 2024 Charge for the year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 |
Patents £ 7,185 - 7,185 1,437 719 2,156 5,029 5,748 |
Develop- ment £ 37,441 606 38,047 6,203 3,773 9,975 28,072 31,238 |
Trademarks £ 1,760 - 1,760 277 176 453 1,307 1,483 |
Total £ 46,386 606 |
|---|---|---|---|---|
| 46,992 | ||||
| 7,917 4,668 |
||||
| 12,584 | ||||
| 34,408 | ||||
| 38,469 |
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ITS NEVER YOU
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| 11. Tangible fixed assets Cost or valuation At 1 April 2024 At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 |
Computer equipment £ 2,926 |
|---|---|
| 2,926 | |
| 1,266 731 |
|
| 1,997 | |
| 929 | |
| 1,660 |
12. Creditors: Amounts falling due within one year
| Other creditors Accruals and deferred income 13. Financial instruments Financial assets Financial assets measured at fair value through income and expenditure |
2025 £ 156 1,980 2,136 2025 £ 259,576 |
2024 £ 156 2,520 2,676 2024 £ 170,313 |
|---|---|---|
Financial assets measured at fair value through income and expenditure comprise bank & cash balances.
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ITS NEVER YOU
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
14. Statement of funds
Statement of funds - current year
| Unrestricted funds General Funds - all funds Donations Fundraising Family Support activities Support costs Accountancy Depreciation |
Balance at 1 April 2024 £ 207,766 - - - - - - 207,766 |
Income £ - 175,870 - - - - - 175,870 |
Expenditure £ - - (3,847) (28,993) (51,181) (1,440) (5,399) (90,860) |
Balance at 31 March 2025 £ 207,766 175,870 (3,847) (28,993) (51,181) (1,440) (5,399) 292,776 |
|---|---|---|---|---|
Page 19
ITS NEVER YOU
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
14. Statement of funds (continued)
Statement of funds - prior year
| Unrestricted funds General Funds - all funds Donations Fundraising Charity trading expenses Family Support activities Support costs Accountancy Depreciation |
Balance at 1 April 2023 £ 154,808 - - - - - - - 154,808 |
Income £ - 102,284 - - - - - - 102,284 |
Expenditure £ - - (10,391) (1,538) (24,888) (5,700) (1,440) (5,369) (49,326) |
Balance at 31 March 2024 £ 154,808 102,284 (10,391) (1,538) (24,888) (5,700) (1,440) (5,369) |
|---|---|---|---|---|
| 207,766 |
15. Summary of funds
Summary of funds - current year
| General funds Summary of funds - prior year General funds |
Balance at 1 April 2024 £ 207,766 Balance at 1 April 2023 £ 154,808 |
Income £ 175,870 Income £ 102,284 |
Expenditure £ (90,860) Expenditure £ (49,326) |
Balance at 31 March 2025 £ 292,776 |
|---|---|---|---|---|
| Balance at 31 March 2024 £ 207,766 |
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ITS NEVER YOU
(A Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
16. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Unrestricted funds 2025 £ Tangible fixed assets 929 Intangible fixed assets 34,407 Current assets 259,576 Creditors due within one year (2,136) Total 292,776 |
Total funds 2025 £ 929 34,407 259,576 (2,136) 292,776 |
|---|---|
17. Members' liability
Each member of the charitable company undertakes to contribute to the assets of the company in the event of it being wound up while he/she is a member, or within one year after he/she ceases to be a member, such amount as may be required, not exceeding £NIL for the debts and liabilities contracted before he/she ceases to be a member.
18. Related party transactions
During the period under review the charity entered into certain transactions with related parties. The charity reimbursed the chair CM Menai-Davis £3,425 (2024:£1,854 for costs incurred on behalf of the charity. An amount of £156 (2024: £1,429) was outstanding at the year end.
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