Charity règistratlon numb#r 1202112 {England and Wal•sl INNOV8 WORKSHOPS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
INNOV8 WORKSHOPS LEGAL AND ADMINISTRATIVE INFORMATION Trustees P J Shelley N C G Gambier E B0ett K Tate (Appointed 29 October 20251 (Appointed 29 Octtsber 20251 Charlty number (England and Wales) 1202112 PrlncSpal address Woodlands Business Park Rougham Industrial Estatè Bury St Edmunds IP30 9ND Independent examiner Zoe Plowman Ensors Saxon House Moseley's Fam Business Centre Fomham AJI Saints Bury St Edmunds IP28 6JY
INNOV8 WORKSHOPS CONTENTS Pag• Chaimian's statement Trustees, port 2-15 Independent examinerfs report 16 Slalemenl ol fin8n¢ial adiviti'tss 17 Bglancg $heg1 18 Notes to the financial statements 19-29
INNOV8 WORKSHOPS CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 AUGUST 2025 This year's report tells a story of care. commitment and steady progress in the face of a national education landscape that continues to place extraordinary pressure on children. tsmilies and the professionals who support them. Against that backdrop. Innov8's work feels not onty relevant. bul essenty'al. First and foiemosl, I w8nl lo recognise the people * Ihe heart of Innov8. Oui staff work every day with children 8nd young people whose experiences of education ha¥e often been shaped by trauma. exclusion and unmet need. The consistency, patience and compassion they bnng to this work cannot be overstated. The outcomes ¢Jescribed in this report., improved attendance, sustained engagement. growing confidence and positive next steps, are not acadental. They are the result of relationships buirt over time. of staff who show up. listen carelulfy. hold boundaries kindty and refuse lo give up on Ihe young people in their care. Equally, the courage and resilience shown by the children and young people themselves deserves recgnition. For many, simpty attending regularty. trusting adutts again, or attempting learning after long periods of disengagement represents a significant achievement. Innov8 creates the conditions in which these small but vital steps arè possible, and this year's Impact demonstrates just how tranSf0mtIve that can be. From a governance perspectwe, the past year has been one of consolidabon as well as growth. Innov8 has expanded provision across Primary, Post-18 and Outreach services while strengthening safeguarding practice. internal systems and financial resilience. Income growth and increased reserves have been managed responsibty. allowing for conlinued investment in stsff. facilities and quality wilhout losing sight of sUStain8bility. The Board is quietly pleased with this progress, not because growlh 18 an end in rtsell. but because il h8$ been 8chieved while staying true to Innov8's valuès and relaOal approa¢h. 1am particularly nuraged by the org8nisat*)n'$ calm conffid&n¢¢ about the frJluf¢. Innov8 un¢J&rst8nd$ both strengths and its limits. There is no rush lo scale fasler than quality allows., instead. there is a dear commitment to growing thoughtfully, maintaining high slandards and responding flexibty to need. In a system that often moves too quickty for the chIldn it seNes, this measured approach is a strength. Looking ahead, demand for Innov8's wort is unlikety to lessen. Attendance challenges, exclusion and disengagement maIn deepty embedded issues nalionalty. Yel this report gives genuine cause for optirnism. It shows that when children are mel wilh vnderslanding, slruclure and belief. pro9ress is possible. 115hows that staff wellbeing and Strong govemance matter. And rt shows th81 Innov8 is building a solid loundalion from which lo deepen its impact in the years to come. On behalf of the Board, I vnuld like lo thank the staff team for Iheir dedicab"on, the children and youn9 people for their trust, and the schools. families and partners vtho work alongside Innov8. We remain proud of what has been achieved this year, and calmly excited about vthat lies ahead. Chalrman 2310212026 D8tè'.
INNOV8 WORKSHOPS TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The trustees present their annual report and financial statements for the year ended 31 August 2025. The financial ststements have been prepared in accordance vAth the 8ccounb.ng poliryes sel out in note 1 to the financial statements and cornply with the Chari5 goveming document, the CharTties Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ifeland" and the Charities SORP "Pttounting and Reporting by Chanties. Statement ol Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021.. England's education systern is tscing a sustained and deepening engagemenl thallenge that affects hundreds of thousands of children and young people across the country. The scale of the issue is now visible in multiple offici81 measures ol attendance, èngagement and exdusK)n. In autumn 2024, local aulhoribes Ported that 39.200 children of compulsory school age were missing education. rneaning they were not on a school roll and were not receiving suitable education elsewhere. This figure h4$ risen year-on-year and wa$ about 6,200 highèr than the previous autumn t&m. I Across th6 202>24 arademi¢ year, pefsist&nl absèncè Idefined as missing 100/0 or more of school sessions) affected around 1.49 million pu"1S, or rough 1 in 5 children. 2 More than 147.600 pupils in the 202ts25 autumn lerni We dassed as sev6rety absent. missing half or more ol their school sessions, a number that has more than doubled compared with pr&pandemic levels. Across the same period, pupils with complex needs such as SEND weie far more likely to be persistentty or severety absent than their peers. illuslratsn9 how unmet need and 5yStemic challenges intersect lo produce diseng8gernenl. 3 Exclusion data for 202>24 show$ Ihat disruptivè behavlour wa$ the most Mmon r8corded rga$on for permanent exdusion, and that suspensions and exclusions continued to rise across England. 4 These figures are not simpty StatistS, they reflect real children an(J young people who are struggling to engage wth traditional education due to complex combinations of need. unmet support. mental health challenges, trauma, SEN and systemic barriers. 5 In this context. Innov8 Workshops is responding to a gap in Ihe Currenl syslem. We exist because rising absence, disengagernenl and exclusion mean that many children nn01 access or sUSt8in eng89emenl in mainslre8m èducation. Innov8 provides a relationshipled, trauma4nfomed allemativè, where young people who have beèn missing out on education Of repeatedty excluded can reongage vthh leaming, build resilience and progress tOW8rd positive outcomes. l-Gov uk- Childrèn mi19 in u¢3110n 0g/W24 2-Gov.uk- Childrèn missing in education 09/04 3-Gov.tJk- Childr8n missing in education 09/05r24 4-Gov.uk.' Pupil absence in schools In England 2311?5 5-Gov.uk.' Suspensions andpemianent exclusions in England 1ts712r25 By plaang consistency. personal connection and flexibility at the centre of provision. Innov8 both addresses Ihe symptoms ol cliseng8gement and l8ckles its rool Gauses. Our work sit5 alongside. not apart from. the wider èducation systèm, helping lo re-stabilise thildren's Èducation41 joumey$ at a ¢ru(ial point in thèir Iivos. Year at a Glan¢e18eptember 2024-Au9USt 20251 Between September 2024 and August 2025, Innov8 Workshops continued to deliver high-impact alternative education, rnenloring. and vocational provision to some ol Ihe mosl vulnerable children and young people across Suffolk. Dernand for our services remained consistenlty high throughout the year. reflecty'ng both the growing level of need locally and the trust placed in Innov8 by schools. the k)cal airthority. farnilie5. and partner 8gencies. This year marked a period of consolidation as well as growth. Innov8 strengihened rts intemal systems, improved consistency in monitoring outcomes. and embedded traum&infomied practic£. safeguarding and relationship-based education across the organisalion.
INNOV8 WORKSHOPS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Year at a Glance Iseptember 2024-August 20251 {continuedl Key highlights from the year indude". Significant expansion of Primary and Post-16 provision. alongside sustained growth in Outreach. Continued investment in staff. facilrties. training and technology to support qualty, safeguarding and sustainability. A further significant increase in staff numbers to 20 by Ihe end of the year induding the adopti¢ of a oiganisational structure that has prepared innov8 for fvrther growlh A 63Q/o increase in income to over £980,[, vthich has allowed for signthcant investsnent across Innov8 As well as building an increased reserve. Innov8's impact during 202¥25 is bèst understood through a eombination of quantrtativè outcomes And qu81rt8tivè change. Together. these demonstrate the scale, consistency and depth of support provided to children and young people who are unable to thrive in mainStaM educabcffi. Headllno Outcom•8 Across the year, Innov8 dellvered.. Support lo over l(KJ thildren and young peoFle each week across Primary. 11-16. Post-16 and Outreach provision Dèlivèrèd ov¥r 17,000 hours ol m¢nloring, vo¢abonal lèaming and outrèach activity Attendance consistentty between 85% and 91%. si9nificantty above expectations for cohorts with hlstorfes of exdusion, anxiety. trauma and disrupted schooling Sustained engagement from sludenls previousty unable to access any fomial or altemative education Post.18 progression, with 14 exam passes and students moving on to college in September 2025 Th¥se figures refled both the level ol ¢J&mand for Innov8's servi$ and lh* eff¢¢tivene$$ of a flexibl¥, r¥l81ionshlp- led approach to engagemènt. Engagement and Attendance M8int8ining règular 8ttènd8neè is often onè of the greatest chaNenge$ for young pèople who have dlsengaged from education. Against this backdrop. Innov8's atten¢Jance range of 8>91 % represents a significant achievement. These high altendance levels were supported by.. Strong, trustin9 relation$hip$ belwe¢n Stsff ant1 stua&nts Flexible, personalised timetables A sale, non-institutional environment Consistent routs'nes balanced wilh meaningbjl student choice For many young people. improved attendance 8(aed 8s Ihe first indic81oi of wider prggress, enabling re- engagement with learning, peers and trusted adums. Wellbelng, Conlldence and Behavlour student feedback gathered throughout the year from each mentoring session demonstrates consistenuy positive outcomes across key wellbeing and behavioral indrS. Average studenl-reported scores inclu(Jed". Wellbeing.. 4.44.5 Behavior.. 4.5 Eng8gemenl.. 4.4 Respect". 4.5 Enjoyment". 4.54.6 These outcomes re11ecl Innov8'5 fo$ on emotional safety. lryst. and sew-delermination, 5UPPOrting autonomy. competence and connection. Progress is often seen in small but meaningful ways. such as improved emlOn81 regulation, increased communiratiotl, and willJngtLess to attempt new challenges.
INNOV8 WORKSHOPS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Progression and Future Readiness During 2024-25, Inntsv8 supported young people to take posth.ve next steps aligned to their individual needs and aspirations. Outcomes included". Successful transitions from our Primary provision inlo specialist and mainstrearn setbngs for all children who came to innov8 Increased engagement in Post-16 Functional Skills. lrfe skills and employability pathways Two Post-16 students progressing into college in September 2025 Increased confidence in communrty access, independence and wort-related skills While not all young people are immedialety ready for formal educalion or employment. Innov8 plays a criti'cal role in preparing Ihern for future transitions by rebuilding confidence. stability and belief in themselve5. What Thls Means The outcomes achieved during 2024-25 dernon5tr8te that when young people are met wlh under5tsnding. consistency and respect. meaningful chan9e is possible. Innov8's impact lies not onty in academic or vocation81 tsulcomes. bul in helping youn9 people lo re-en9age with eilucab"on, iebubld trust in adults, and be9in lo ima9ine a more positive future. The evidence trom this year provides a strong foundation for continued growth. expanded provision and deeper irnpact in the years ahead. During September 2024 August 2025, Innov8 Workshops deliVed a broad and CafvIty balanced rarye of programmes designed to meet Ihe complex and varied needs of children and young people who are unable to thrive in mainslrearn educats'on. All provision is un¢Jerpinned by traum&infomd pr8¢ti¢e and a Strong belief in thè Importance of relalion$hip$, slfu¢tur& and m&aningfvl engagemtrnl. Our programmes are designed not onty to support acadenNc or vocational leaming, but to develop confidence. wellbeing, independence and future readiness. Each workshop conlribules in a distinct way while reinlorcAng shared organisational approach locused on autonomy. competence and connection. Prlmary ProvS•lon IUnd•f 1181 Innov8 Primary continued lo develop during 2024-25, supporting children wth 5ignffjcant emotional, behavioural and developmental needs who were 51ruggling lo access mainslrearn education. The focu5 of this provision 15 early inlerv&ntion, supporting emotional lrter8¢y. regulation 8nd Irusi * 8 Ixili¢¥l $18ge in 8 ¢hild's development. Through consistent. relationship-based support. children were helped to recognise and name emotions. develop seif-regulation strategies and build positive routines. Interventions were tailored to individual needs and delivered in a calm, nurturing environmenl where children felt safe and understood. Across the year, sèveral childrèn successlully Iiansrtitsnèd from Innov8 Pnmary into speualist or mainstre8m settings. These transitions reflect sustained progress in wellbeing, confidence and readiness to rengage with education. 11-16 Vocational Workshops Our core 11-16 provision remained at the heart of Innov8's work throughout the year. These workshops provide young people with an altemative to traditional dassroom learning, offering practical, hands-on experiences that build skills. confidence and motivation. Young people accessing this provision often arrive wth a history of exdusion. anxiety, unmet special educational needs or disrupted schooling. By removing many of the barriers assouated wrth mainslream education, Innov8 CateS opportunrties for re-engagement and growth.
INNOV8 WORKSHOPS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Fitness and Wellbeing Frtness sessions continued to be one of the most impadful elements of Innov8's provision. The gym prtsvides a safe and supportive environment where young people can engage in physical activity while also having Spa for open conversation and reflection. Regular participation in rrtne5s sessions contn'buled to.. Improved mentsl health and emotion81 regulation. increased s9-¢$1eM and ¢onfiden¢e, devekjpmgnt ol positNe routines and coping strategies For some students, engagement in fitness also opened up #iterest in future pathways such as personal training, sports coaching or gyrn-related employment. Blktr ond Mt¢h•nl¢$ Workshop The bike workshop offered valuable hands-on leaming opportunities outside the traditional ClaSsrclM environment. Through repairing, maintaining and assembling bikes. students developed practical mechanical skills alongside problem-solving. patience and resilience. Thèse sessions also ancouraged teamwork and lS¥rance, h•lpin9 youn9 ppIe experien¢& suecès$ through tangible outcomes. In addition to workshop-based leaming. bike rides antj off-site activities supported mental wellbeing and confidence through physical activty and community engagement. The skills developed Ihrou9h this w0shop are transferable to a wide r8nge of voc8lion81 p8thw8y8, induding n9ineering, me¢hani¢s and le¢hni¢al Iradtrs. Art and Creatlv• Workshops The art wtsrkshtsp provided an important outlet for emotional exprtr8$KJn, Creaiivity and i¢J#ntity-building. Many sludenl8 fin¢J it easier lo ¢ommuni¢ale feelings and experien$ Ihrough ¢all¥e mediums rather than words. Through structured yet flexible creative sessions. students developed confidence, pride in their work and improved emotional regulation. The crealive process also supported focus. persistence and seW.refleclion. contributing positively to overall wellbeing. Cook•ry and Llfe Sklll• Cookery sessions played a key role in developing praclical lrfe skills and independence. Students leamed (o follow instructions. manage time, work safety and hygienicalty. and collaborale other5. Beyond the immediate practical skills gained, these sessions supported employabilrty by Introducing students to potential careers In hospitality, catering and food production. Many students also reported Incased confidence in preparing food independently at home. Post.16 Provi#ion Innov8's Post-16 provision continued to expand during 202<25, supporting young Peop as they transrtion from compulsory education towards adulthood, independence and employment. Post-16 sèssions locusèd on Functional Skills in Maths and Enylish. lrfè skillg. èmpltsyabilty and pbisonal development. The environment is intents"onally adult-oriented. supKK)rting young people to develop independence, responsibility and confidence. Across the year. students demonstTaled creased engagemenl with leaming. improved attendance and growing confidence in planning for the luture. Two students succes5fulty progressed on to wllege in Septernber 2025. reflecting the effectiveness of Ihis PlOVlSlOth in sUPPOrtJn9 Positive next steps.
INNOV8 WORKSHOPS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Outreach Provision Outreach remainèd a vital and grtswing element of InnovB's seTh*£s, pa"Culaty for young people who were not yet ready to access centre-based provIsn. Delwered on a On&t1ne or smalkgroup basis. Outreach sessions are student-led and highty flexible. allowing mentors to rneel young people where they are. both physicalty and emolionalty. Activrties often focus on community 8¢¢e$s, lrfe skills, emotional regulation and relationshi[buildIn9. Outreach plays a cruual role in.. Reduung isolation. building tnjst in adutts, supporting reintegration into education or centre-based provision The inlrodu¢tion of an a<t&s$ible vehicle during the year fvrther expanded opptsrtunitie$ for off-sit& 1e8ming and ¢ommunty engAgem¥nt, particularty for young ppIe wrth mobilrty nèeds. A Jolned4Jp Approach Ifvhile &a¢h programme h8$ Its own focus. Innov8'$ strength lies in the way these servicès work togèther. Young pooplè oft¥n access multipl¥ ¥l¥m&nts of provision as their ¢onfiden¢e and ne¥d$ e¥ol¥e, allowin9 for flexible, personalised pathways. This joined-up approach ensure5 that Innov8 can respond effeclivety to change, support progression al an individual p8¢8, and deliver consistent. high-quality supFK)rt a¢ro88 8118ge 9roups and seryi¢es. The following case studies illustrate how Innov8'8 rel81ionship4ed. tr8uma4nformed approach translates into meaninglul outcomes for young people with Complex needs. All names have been anonyrnised. Cas• Study 1- Prlmary Provl8lon: Bulldlng Emotlonal Llt•raey and R•adln•88 to L•am LN joined Innov8 Primary with signffi¢ant ernobonal. beh8¥ioral and a¢ademi¢ needs th8t rnade 1¢ dnThcult for him lo access mainstream education. At the start of his placement, LN slruggle<l lo o¢ogni$e emtslions, gulate hi8 behavlor, and respond appropriatety In challenging Srtuations. Through consistent, trauma-informed support. LN made sustained progress across the year. Staff focused on helping him identify and name emotions. develop practical seW•regulalion slralegies. and seek help appropriately when overwhelmed. Over bme. LN became increasingty able io manage difficult situations and make pOtive choices. ongside emotional development, Innov8 provided targeted academic support to address significant gaps in phonics and reading while awaiting a specialist placement. A key milestone was LN achieving his long-term goal of reading independently, recenty reading Ihe fvll Book ol Ihe Week aloud wilh minirnal support. Strong communication vrith homa supported stabilrty beyond tha sètb"ng. and Innov8 staff worked closely external professionals to advocate for appropriate EHCP reviews. LN is now better prepad, emotionally and academical, for his next stage of education. Ca¥e Study 2 - 11.16 Provision-. RvngJgin9 Y4ith Learning and Building Confidence J joined Innov8 after experienung signfficanl drfficuliies in secondary school and completing GCSES without achieving English or Maths qualifications. Initialty. J was highty guarded. avoided interaction with peers, and struggled to engage with learning. Through consistent support and carèlul adjustmènts to lèaming tasks. stall identified unmet needs not fulty relleeted in J's EHCP, Including the need for broken-down text. visual overfays and altemative ways of recording work. Once these barriers were ad¢Jressed, J began lo engage more confidentty and work independentty. Over time. J's oonfidence and resilien grew. She now participates in gTOUP adivities, has built POSltive relationship5 Wlth peers and staff. and has developed a dearer sense of future goals. J has re-engaged with reading, contributed to choosing new books for Post-16 provision, and successfulty applied for a part-time job independent.
INNOV8 WORKSHOPS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Case Study 2- 11-16 Provision: Re4ngagin9 with Learning and Building Confidence Icontinuedl This journey highlight5 the impact of perwnali5ed 5UPPOrt and the importance of listening to young people's experiences and preferences. Case Study 3 - 11-16 Provlslons: Prnctlcal Skllls and Posltlve Ideb)tlty L attends Innov8's vocational workshops and has Shown slrong engagement. partIlrIY in cookery and outreach sessions. Structure and predictabilty are key to L'$ success." knowing what to expect and havin9 the right resources in placÈ helps him fÈel sÈeurè and focusèd. L takes pride in preparing food for others and values leedback on his work. Through these sessions, he has developed confidence. teamwork skills and a strong sense of achievement. L has expressed dear ambitions to work in catering in the future, inc4uding aspiration5 to wn his own food Injck. While L can sometimes be influenced by peers, ongoing wellbeing check4ns and consistent support from trusted a(Jults have helped him develop greater self-awareness and resilien. Innov8 provides a positive environment where L feels valued, rnolivated and able lo build towards his fiJIU goals. Case Study 4- Po•t-16 Provl¥lon= Dgvgloplng Independtrn •nd Futur• A¥plr•iion• O joined Innov8 Post-16 after struggling with anxiety linked to fornial examinations, which led to disengagement despite strong academic ability. The pressure of exams Tesutted in frustration and emotional distress, preventing him frorn completing exam preparation. At Innov8, 0 b8n•fit8¢J from a structurèd y¢t k)w-pre$sure envlronment. Predl¢tabl8 routine$. ¢lear &xp&¢tation$ and advance knowledge of lesson content helped uce anxiety and increase enga9ement. O has since built posltlve peer relationships and engages confidentty across sessions. By removing high-stakes pressure and lo¢u$ing on ¢onfiden¢e. welbeing and skills development, Innov8 enabled O lo re4ng8ge with leaming and be9in exploring future palhway$ al a pa¢e that le&l$ manageabl& and supportiv&. C#¥e Study 5 - OulTr•ch Provl$lon: Bulldlng Trust •nd Communlty Acce Some young people are not initialty ready to access nIre-baSed provision. Outreach plays a critical role in engaging these students through flexible. OntIne support in the community. Through Outreach mentonng, sbJdents are supported to build trust in adums, de¥elop life skills and gradually increase confidence in accessing public spaces. Sessions a student4ed. allowing young people to work at their own pace while being gently encouraged to slep beyond their comlort zones. For many, Outreach acts 8s a bridg& ba¢k into edU¢8b'f or Innov8 n&baSe Pfovi$ion, retlu<ing isolation and supporting long-term rÈ*ngayÈm¢nL What These Stortes Show Together, these case Studies demonstrate that Innov8'5 impact lies not in a singlè interyèntion, but in 8 consistent. personalise¢J approach that values relationships, lislens lo young people, and adapts support to meet individual needs. The outcomes achieved across Primary, 11-16. Post-16 and Outreach provision illustrate how meaningful change is possible when young people are supported with patience, respect and belief in their potential. Innov8'9 impact is delivered through people, a skilled. commiited and compassionate staff team supported by strong govemance and a culture that values latiOnships, professionalism and wellbeing. Many of the children and young people we 5UPPOrt arrive with a history of disrupted eduration. trauma and low trust in adults. For this reason, consistent relatK)nships are not a "nice to have"; they are essential to progress. The qualrty of Innov8's work Is di¢1 linked to the abilty of staff to combine wam)th th dear b0daries, maintain high expectations, and deliver trauma4nfornied practice day after day.
INNOV8 WORKSHOPS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Our Team and Growth During 2024-25, Innov8 experienced signth¢Ant yrowth in rts staff team. rellectiny the expansion of provision 8elOSS Primary, 11-16, Post-16 and Outreach seThices. Over the past year.. The team grew substantialty to more than 20 members by the end of the year to support Inueasal numbers ofyoung people and expanded hours ol delNery New specialist roles were introduced across menloring, outreach, Post-16 leaming support and safeguarding Capacity was strengthened to ensure qualty and cxjnsislency as provision scaled This growth enabl6d Innov8 to maintain Small group $rie$. peonaliSed $upport and Stron9 relationships, $ven 8$ demand increased. Roles and Expertlse Innov8'$ multidisoplinary tèam indud¥$". Youth rnenlors and outreach practrfioners delivering relatKJnshipbased, rMMUnity-f$ed support Workshop tutors delivering vocational and practKal leaming (including fftne5s. cookery. bikelrnechanics. creative and life skills) Fun¢lional Skills and Po$l-16 leaming support stsff Safeguarding and pastoral leadership Operational and administrative staff supporting coordination, systems. finance and compliance Across all roles. staff share a commrfrnent to uncondi1nal posrtNe regard. dear structure and consistency. D•v•loplng Sklll• and Quallty gh4Juality provision depends on continuous professional development. Throughout the year, Innov8 invested in staff training to ensure safe, effeclwe practice and consistenl stsndards ams a growing organisation. Training and development Included.. Safeguarding and child proteclion Trauma-informed practice and deYs¢alalion Contextual saleguarding and online $alety First aid and heatth and safèty Rèflective practice and supervision This cornrnitrnent lo leaming svpporls staff confidence and ensures young people ceNe higqUalIty, informed support. Staff Vole08 Staff reflection5 highlight the strenglh of Innov8's culture and the importance placed on relatiohIPS. SilPPOrt and professional trust.. "From the moment you join, you feel welcomed, nothing is ever too much trouble. Building trusting relationships with students is at the heart of evewing we do.. 'Progress here is often measured in small bul meaningful steps, improved attendance, engagement or emotional regulabon. and Ihose momenls are incredibty rewarding." 'Innov8 is a place where staff are genuinety supported. If you have a problem. erther with students or personal matters. there is akvays someone to lalk to.- These reflections rellecl a consistent theme." Innov8 is a setb.ng where staff feel valued, supported and able to do their best wo.
INNOV8 WORKSHOPS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 What Schools and Professionals Say Feedback from schools and prolessionals reinloir£s the value of Innov8's work and thè quality of relationships staff build wrth young people". 'Your staff are so engaged with the children in their care. You have clearty buift an exceptional team." .at an amazing provision you have set up. which is making such a difference to so many young people.. Schools consistentty report that Innov8 provides a safe. structured and responsNe enwronment for young people who are unable to engage elsewhe. Stsff Wellb¥lng and Sustslnablllty Working with complex needs can be emtionany demandin9. Innov8 priorttl$es staff wellbelng through strong supervision. open communication and access lo leadership. In a sector facing signfficant recrurtment and retenlion th811enges, Innov8 remains cornrnitted to being a workplace where staff are developed and supported, re¢ognisin9 that when stsll wellbeing is protected, young peopltr benefit. Safeguarding sits al the heart of Innov8 Workshops. wo. The children and young people we 5UPPOrt are among the most vulnerable in the edu¢alion syslem, and many prtrsenl wlh mpleX needs linked lo Iiauma, alverse childhood experiences. mental heatth challenges and social disadvantage. As a result. Innov8 manag&s a high volume ol safeguarding concems and mutti-agenty invofvemenl as part of its day-to-day practice. Safeguardlng Culture and Practlc? Innov8 maintains a strong safeguardin9 culture in which Ihè wèmare of chlldran and young people k th8 hlghèst priority. Safeguarding is understood as everyone's responsibilty and is embedded across all programmes, setts'ngs and roles. Key features 01 our safeguarding 8pproa¢h indude-. Clear safeguarding poliues aligned wth statutory guidance and reviewed regularly Designated Safeguarding Leads IDSLS) with appropriale training and experience Robust procedures for recording. PortIng and escalaling concems Atraurna-informed approach Ihat CognISeS the impacl of INed experience on behaviour Con$i$tenl $upervi$Kin and support for stsff managing complex cases Safeguarding concerns are logged. monilored and revWed using Secu systems, enabling pattems and emerging risks to be identified earfy and addressed appropriatety. Multi-Agency Workin9 During 2024-25, Innov8 worked closety with a wide range of exiemal agenues, reflecting both the vulnerability of the cohort and the effectiveness of safeguarding processes. This in¢luded 8ngag8rnent with.. Earfy Help services Children in Need ICINI and Child Proteclion {CPI teams Police and Youth Ju5I'ce Service5 Mentsl heahh and therapeutic services Schools, colleges and local authotity professionals Innov8 plays an active role in professional meelings, infomiaiion sharing and coordinated planning, ensuring that young people receive joined-up support across education. health and social care.
INNOV8 WORKSHOPS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Staff Training and Support Given the complexity of the wotk, staff training and wellbeing ale to maintaining high safeguarding standards. Throughout the yeaf, Innov8 invested in ongoing professional development. induding." Safeguarding and child proteclion training Trauma-infomied praCts and de-escalabon strategies Contextual safeguarding and online safety Regular safeguarding updates and refreshe Staff receive regular supervision and have aCsS to senior support when managing emotionally demanding situations. This ensures that safeguarding SponSIbl1itieS a carried out consistentty. safety and with professional confidence. Rlsk Manag•m•nt Innov8's Trustees and leadership learn aclivety rnonitor organi5ational risk. with safeguarding remaining a standing agenda itern at Trustee meetings. Other key risk areas indude.. Heatth and safety Staff wellbeing and capacity Financial sustainability Cyber and data secunty Risk registers are reviewed r89ularty, and mitlgation strategiès are updated in response to organisatlonal growth and changes in provision. What Thlj Means Innov8's safaguarding approach enablès young peopl8 to fe81 safè, listened to and rèspèctéoft8n for thé first time in an educational setting. Strong safeguarding practice not onty protects chIren from hami, but also creates the conditions necessary lor learning. trust and posrtive change. By Combining clear procedures. skilled staff and effeclive mul¢i-8gen¢y wothing, Innov8 trnsures that Safeguarding remains 8 Strèngth of the organisalKJn a$ it continuè$ to 9row and $upport in¢rea$ing numr5 of chldren and young people. Innov8 Workshops Is governèd by a commrtted and experienced eoard of Tftjstees who a spOnSible for settlng the strategic direction of the organisation. ensunng strong govemance, and safeguarding the chanty's long-term sustainabilrty. The Board works closety with the senior leadership team (o provide effectwe oversight while supporting the organisation to grow responsibty and maintain high standards of provision. Rolg of th¢ Tru$t¢g$ The Trustees have collective responsibilty for ensuring that Innov8.' Delivers public benefit in line wilh its tharitable objects Operates in compliance with legal and regulatory requirements Maintains robust safeguarding and risk management atrangements Manages its finances responsibty and Iransparenty Sets and reviews strategic pnoiit*s Trustees meet regulaty throughout the year. with Safeguarding. finanual performanc£ and organisational risk foming stsnding agenda items. This ensures that key aieas of responsibilty receNe consistent oversight. 10-
INNOV8 WORKSHOPS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Board Composition and Skills The Board brings together a range of skills and prtsfessK)nal experience. supporting èffèctive deasion-making and challenge. Trustees contribute expertise across areas such as e(lucab"on. safeguarding, finance, leadership and governance. During the year. the Board continued lo review rts composibon to ensure it remains fit for purpose as Innov8 expands. New trustees were appointed to Stngen Capafity and diversty of Skills, $uppgrting th8 organi$8tion's increasing scale and complexrty. Leadershlp and Management D8y-Irrday management ol Innov8 1$ delegated lo the $eniN leadership team, who are responsible for operational delivèry, staff management and impl&mentats"on of the ¢haiity's stratègy. Clear lines ol accountability ensure Ihat operational decisions are made efficientty while remaining aligned with trustee oversight, Regular reporting lo Ihe Board enables trustees io monrtor perfomiance. impact and risk, and to provide appropriale support and thallenge. Pollel•s, Control8 and Assuranc• Innov8 maintains a coMphen91ve surte of polue5 covering safegu8rding, health and safety, finarrE, data prole¢tion, IT seeurity and staff condud. These pol*ie3 are reviewed regularty and updated lo refled changes in guidan¢e, legislation and organi$81ional 9rowth. Financial controls are in place to ensure proper oversight of income and expenditure, wth regular reporting to trustees and independen¢ exarnination providing additional assuranrE. Commltment to Good Gov•man¢• Innov8 is commrtted to continuous improvement in governance practice. Throughout the year, the Board reviewed governance arrangemenls. strengthened internal controls and refined risk registers to reflect the evolving nature of the organisation. Thls commitment ensures that Innov8 remains well-govemed, transparent and accountable as rt contlnues to respond to increasing demand and delwer hh-qUa1rty support to children antj young people. Strong governan provKles the foundalK)n on which Inno¥8 can grow with confidence. ensuring that impact. safeguarding and su$iainabilty remain Central lo everything the organisatson does. Overvlew Innov8 Workshops conbnued to strengthen rts financial postb.on during the year ended 31 August 2025, building on the progress made in 202>24 and lleCts.ng a year of sustained growth, consolidatKJn and increased impact. Compared to the pre¥iou5 year. Innov8 operaled al significantty grealer scale while maintaining Strong finanrial control. Inueased ctsrnrnis5ionèd activrty. prudent cost rnanagernent and continued inve5trnent in peoplè and infrastructure enabled the organisab.on to respcd to rising demand while improving rts overall financial resilience. Income - Year-on-year Growth Total income for the year amounted lo £983,258 representing a substsntial increase on Ihe previous ye8r1£602,636 in 202>241. This growth reflects.. Expansion of commissioned provision vrith Svfft)Ik County Council and schools Increased hour5 of delNery acros5 Primary, 11-16, Post-16 and Outieach Services Stiong retention of commissioning relakn"onships akjngside new reletrals 11
INNOV8 WORKSHOPS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Income -Yearwon-Year Growth Icontinuedl Income was primarity derived from". £926,645 from commissioned provision funded by Suffolk County Counal and schools £56,613 from grants and donations IM)Sle grant and donation income remained broadly consistent year-on-year, the most signffjcant growth continued to come from commissioned provision. This pro¥ides Innov8 wrth a stable and predictable funding base, supporting forward planning and sustainable growth. Expenditure- Invting in Delivery and Capacity Total expenditure lor the year was £905.905 compared to £446.953 in 202>24. This increase reflects deliberate and necessary investment lo support expanded provision. Key drivers of increased expendrture induded.. Growth in staffing levels to meet increased demand Expanded workshop and outreach delivery Higher premises and ulilrties costs associated wlh increased Spa and usage Continued investment in safeguarding. Iraining and professional development Ongoing investment in equipmenl. iechnology and digrtal system5 Desprte operating at signfficantty greater scale, Innov8 maintained strong cost control, ensurtng that expenditure growth directly supported frontline delivery and organisalal capacity. Surplu# and Fln4n¢l•l P?rforman¢tr The chanty generated a surplus of£77,3S3 during the year, compared to a surplus of£1SS,683 in 202>24. While the 8urplu8 reduced year-on-year, this rekn planned Teinvestrnent into services, staff and infrastructure rather than any weakening of financial perfoman¢e. Importanty, Innov8 contsnued lo operate in $urplu$ while signthcantly expanding rts provision. Re8erve8- Strengthenlng Flnanclal Re8lll•nce Al 31 August 2025, Innov8 held reseryes ol £198,547. compared lo £121.194 8131 August 2024. This growth in reserves demonstrates.. Improved financi81 slabilty Increased capacity lo manage risk and uncertainty Greater resilience to lunding or commissioning changes The Trustees have set a long-term targel of hokling reserves equivalent to approximatefy months, operating costs {beeen £140.000 and £200.0001. The current reserves posilion plaS Innov8 Slightly above this target range, providing confidence while recognising the need to c*)ntue carelul finanrial planning as the org8nisalion grows. Balance Sheet Summary As at 31 August 2025.. Fixed assets.. £148,57112024". £80,494) Cash at bank.. £123,06512024.' £76,632 Debtors.. £11,15612024.. £7.5(H)I Current liabilities". £84.24512024". £43.4321 Net asset5". £198.54712024." £121.1941 The increase in fixed assets reflects continued investment in faulities, equipment and infrastructure to support expanded delivery. 12-
INNOV8 WORKSHOPS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Financial Outlook The Trustees consider Innov8 to be finanixalty stable and well-posth"tsned to meet rts ongoing ctsmmitments. Compared to the previous year, Inno¥8 now operates 1h". Greater scale of delNery Stronger reserves Improved finanijal re$ilien¢e Continued demand for provision, strong commissioning relationships and prudent finanaal management provide confidence in the charity's ability to operate as a going conrn. Looking ahead, Innov8 will ¢onbnue lo balan¢& growlh wth sustainability, trnsuring that financial decisions remain 811gn6d with rts mission to $upport vulnerable d)ildfen and youn9 woplè auoss Suffolk. ObJectlve8 and Activitle8 Innov8 INorkshops &xi$t$ to improve the oul¢()mes and ¢han¢e$ of ¢hil(ln and young people whts are unable to thrive in main$lr¥am education. Many of those supported significant barriers in¢lu¢Jing trauma, so¢ial and emotional needs, unmet special educabonal needs, exdusion from school and disrupted home circumstances. The charity's objective is to provide safe. inclusive and flexible arternative provision that supports wellbeing. ¢onfiden¢e, independenee and progression. Innov8 deliverB Ihis through relats'onship-led, traurn8-inforrned mentoring combined wlh pradi¢al, vo¢alional and life-skills-b8se<l leaming. During the reporting period, Innov8 delNered provis*)n auoss= Primary (Under 11 $1 11-16 vocats'onal and mentoring pro9rams Post-16 transition and employabilty provision Outreach support delivered in the communty Publlc Benefit Thè Truslses confirm that they have complied with Ihèir duty under s&dion 17 of the Charitie$ A¢1 2011 to have due regard to public benefit guidance when exercising their powers. Innov8 provide5 clear public beneffl by supporfing chIldn and young people who are at risk of exclusion. disengagernenl from educalion and poor long-lerm oulcome5. Through earfy intervention. alternalive education and per50n81ised support, the charty helps Ce wl81th, improve welbeiny and in¢rease future opportunities for èducation. training and employment. Achlevements and Perforn)ance The year ended 31 AugU$t 2025 wa$ one of signffi¢8ni grovrth and ¢onsolidaiion for Innov8 Workshops. Building on progress m8de in the previous year, thè charity expanded provision aw$s Multip 89e ranges while strengthening internal systems, safeguarding practice and govemance. Key achievements included.. Supports'ng over 100 children and young peopk eath week Maintaining attendance levels belween 85% and 91% Expanding Primary and Post-16 provision Sustained growth in Outreach delivery Successful Posl-16 progression into college for sludents Continued investrnenl in staff tr8ining. safeguarding and farilit These achievements reflect bolh the growng level of need local and the effeclNeness of Innov8s model of support. 13-
INNOV8 WORKSHOPS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Financial Review and Reseples The TrusteÈ5 have revièwed the charity's finanual perltsrmance and ptssth.on lor Ihe year. Innov8 reported total income of £983,258 and expendrture of £905,905. generab.ng a surplus of £77.353. At the year end. reserves stood at £198.547. The Trustees have set a reserves tsrget equivalent to approximate two months, operating costs and consider the current level of reserves to be appropriate to manage risk. support Continuity of provision and enable susiainable growth. Prlnclpal Rlsks and UncertalnUes The Trustees regulaty review the princip81 risks tsryng the charity and the measures in place to mitigate them. Key ri5k$ inelude-. Safeguarding and wellbeing of children and young people Staff wellbeing and capaoty Financial Sustainability Heatth and safety Data prole¢lion and wber se¢urity Safeguarding remains a standing agenda item at TTUStee meetings, and risk giSterS are reviewed regularfy to ensure emerging risks are identnled and managed effectNety. Plan¥ lor the Futu Looking ahead. the Trustees aim to buihj on Ihe strong foundations &stablished during 202¥2S. Priorities for the coming year include.. Managin9 grow¢h sustainabty while maintaining qualty Further development of Primary and Post-16 provision Continued expansion of Outreach support Ongoing investment In staff development an¢J saleguarding Strengthening syslems lo evidence impact and outcomes The Trustees are confident that Innov8 is well posiboned lo ntsnue delivering rneaningful impact for Children and young people 8¢ross Suffolk. Struetur•, Govérnane• and Manaym•nt Innov8 Workshops is governed by a Board of Trustees who are responsible for the strategic direction, financAal oversight and governance of the charty. Thè Trustees meet regularly and delegate day-to-day management to the senior leadership team. Clear lines of accountability ensure effective operational delivery while maintaining strong trustee oversight. P J Shelley N C G Gambier E Borrett K Tale T Selvey (Appointed 29 October 20251 (Appointed 29 October 20251 (Resigned 4 December 20251 14-
INNOV8 WORKSHOPS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 The trustees, port was approved by the Board of Trustees. P J Shelley Trustee 2310212026 Date.. 15-
INNOV8 WORKSHOPS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF INNOV8 WORKSHOPS I report to the trustees on my examination of the finan(yal statements of innov8 w0$hop$ (the charity) for the year ended 31 August 2024 Responsibilitl8s and basis ol report As the trustees of the charty you are responsible for ihe preparation of the financjal statements in ac£ordance with the requirements of the Charffies Act 2011. I report in respect of my ex8minab.on of the charity's financi81 staleTh*nts c8rried out under section 145 of the Chaiities Act 2011. In CaIng out my examination I have followed thè Directions given by the Charity Commission under section 14515llbl ol the Charitses Act 2011. Independent examiner'8 Statement Since the charity's gross Income exceèded £250,orA). lh& Indendent &xamin&r must b& a member of 8 body listed in section 145 of the Charities Act 2011. 1 confim that l am qualthed to undertake the examination because l am a member ol The Association ol Chartered Ceitfied Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connects'on with the examination giving me cause to believe thal in any malerial respect.. Accounting records were not kept In respèd ol the tharrty as required by $e¢tlon 130 of the Charitles Act 2011.. or the financial stslem¥nls do not aord with Ihose fe¢ords. I hgve no ¢on¢ems and have eom& am)$s no other mattws in connection wth the examination to whlch attentlon should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Zoe Plowman FCCA En8or8 Saxon House Moseley's Fami Business Centr6 Fornham All Saints Bury St Edmunds IP28 6JY Dale.. 2510212026 16-
INNOV8 WORKSHOPS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2025 Unrestricted Restricted funds funds 2025 2025 Totsl Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Note8 Income from: Donations and legacies Ch8ritsble activities 19,817 926.645 36,7 56.613 926.645 67.545 495.091 40,000 107,545 495,091 Totsl Incom¥ 946,462 36,796 983,258 562,636 40,000 602,636 Expendlturè on.. Charitsble activitie8 898,325 905.905 406.171 40,782 446,953 Totsl •xp*ndlturo 898,325 905.905 4[,171 40,782 446,953 N•t In¢om• 48,137 29.216 77.353 1%,465 17821 155,683 Transfers befv4een funds 17821 782 Net movem•nt In fund• 48.137 29.216 77.353 155.683 155.683 R•¢on¢lllotlon of lund•= Fund balances al 1 Seplember 2024 121.194 121.194 134.4891 134.4891 Fund balances at 31 Augult 2025 169,331 29,216 198.547 121,194 121,194 The stalemenl of financial activities includes al gains and Ie¥ recognised in Ihe year. All income and expenditure dorive from Continuing a1¥111¥$. 17-
INNOV8 WORKSHOPS BALANCE SHEET AS AT31 AUGUST2025 2025 2024 Notès Fixed assets Tangible assets 11 148,571 80,494 Current assets Debtois Cash at bank and in hand 12 7,500 78.632 123.065 134.221 84.132 Credltor8'. amounts falllng due vAthln one year 14 184.2451 143.4321 Net current assets 49.976 40.700 To¢al a¥Jet• le¥s curr•nt Ilabllllle• 196.547 121,194 The lund¥ ol the charlty Restricted income funds Unrestricted funds 16 17 29,218 169,331 121,194 198.547 121,194 2310212026 The financial 5talemenls were approved by the Iruslees on ......................... 2028 1731 UQAITI P J Shelley Trustee 18-
INNOV8 WORKSHOPS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accounting policies Charity inforrnation innov8 Wofkshops is an unincorporaled charity. 1.1 8asi8 of preparation The financial ststements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 Yhe Financial Repo"n9 Standard applicable in the UK and Republic of Ireland" and the Charities SORP 'A¢counling and Reporbng by Charities.. Statement ol Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" The ch81ity is a Public Benefit Entity as defined by FRS 102. The charity ha$ taken advantagè ol the provision$ in lh& SORP for charikn.ès not to prepare a statent of cash flows. The financial statements have departed from the Charrties IAccounls and Reports) Regulations 2008 onty lo the extent required to provide a true and fair view. This departure h85 involved following the Statement of Recommended Practice lor ch8rrties apptying FRS 102 rather than the version of the Sl81#rnenl ol Rècommend Practicè which is relerred to in the RÈgulatsons but which has since beèn wlthdrawn. The flnancial statements are prepared in Steding. which is the funct•)nal currenq of the charity. Monetary arnounts in these financial statements are rounded lo the nearest £. The finanrjal statements have been Prepared under Ihe historical o)st convention. The principal accounting policies adopted s set out below. 1.2 Golng ¢on¢•m At the time of approving the finanryal slalemenls. the trustees have a reasonable expectation that the charity has adequate resources to conlinue in operational exislence for the foreseeable fulure. Thus the trustees ¢onlinu& lo adopt the going nCeM ba$is of ac¢ounb'ng in preparing the finan¢i81 slal&rnents. 1.3 Charttable fund• Unrestricted funds are available for use at the discretson of the trustees in furtherance of thelr charrtable objectives. Restricted funds 8rÈ subjed to specific conditions by donors or gtantors as to how they may b¥ usgd. The purposes and uses of the restricted lunds are set out in the notes to the finanaal statements. 1A Ineom• Donations are recognised in the Siatemenl of Financial Activities once the charity has entitlemenl to the funds. it 15 probable that the income wll be rerEived and the amounl can be ffleasud relsably. Grants received of a veTrue nature are uedrted in the period to which they relate. Income from trading actiwties relates to funded feès receNed from schools and local counals. lrtome is included within the accounts as recewed in relats.on to the period which it relates. 19-
INNOV8 WORKSHOPS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 A¢coun¢ing policies (Continuedl 1.5 Expendlture Expenditure is rewgnised once there is a legal or construdive obligation to tr8n$fer eoonornic benefit lo a third party, it 15 probabl8 that a transfer of ewnomiG benefits will be required in settlernent, and the arnount of the obligation can be measured reliably. Expenditu is classified ty aclivty. The costs of each aclwity a made up of the total of dIrt costs and shad costs. induding support costs invofved in undertaking each activity. Direct costs attributable to a single activity 8re allocated directy to that activty. Sh8red c05t5 whth contsibute lo rnore than one activity 8nd support Costs which arè ntst attributable to a single activty are apptsrtioned between those activrts on a basis consistent with the use ol resources. Central staff costs are allo¢aled on the basis of lime spent, and depreciation charges are allocated on the portion of the assèfs use. 1.6 T4n9lblè nxèd aièt• Tangible fixed assets are initialty measured at rnst and subsequentty measured at ryjst or valuation. net of depreciation and any impairment10s5es. Depreciation is recognised so as to wrile off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Leasehold land and buildings Fixtures and fittin9S Motor vehicles 10%- Straight Line Basis 25%- Straight Line B8$18 33%- Straight Line Basis The gain or loss arising on the disposal of an asset is detemined as the difference between the sal8 proceeds and the carrying value of the asset. and is recognised in the statement of financial activities. 1.7 Impalm•nt of Ilx*d a$$¢t• At each reporting end date. the charity reviews the carying amounls of rts tangible assets to determine whether there is any indicalion that those assels have suffered an impairrnent loss. If any such indralion &xisl$, the rewer¥ble amount ol the asset is estim8led in order lo delsmine the extent of the imp8im&nl loss lif any). 1.8 Cash ¥nd co$h equlvalents Cash and cash equivalents indude cash in hand, deposits held at call with banks. 1.9 Flnanclal Instruments The charity has elected to appfy the provisions of secb.on 11 'Basic Financial Instruments. and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instrurnenls are recognised in the charity's balance sheet when Ihe charty become5 party lo the contr8Ctual provision5 of the instrurnenl. Flnancial assets and liabilrties are offset. wth the net amounts presented in Ihe financial statements, when there is a legally enforceable right to set off Ihe cOgnised amounts and there is an Intents"on to settle on a net basis or to realise the asset and setue the lbilIty simuttaneousty. -20-
INNOV8 WORKSHOPS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 A¢coun¢ing policies (Continuedl Baslc flnanclal Ilabllltl•s B8sic financial liabilities. including crediti)rs and bank loans are initwlty recognised 8t transaction pri unless the arrangement con5btutes a ffinanong transaction. vthere the debt in5ttument 15 measured at the present value ol the future payments discounted at a market rate of interest. Financial liabilS classified as payable wbthin one year are not amortised. Debt instruments are sub5equentty carried at amortised c4JsI. using the effective Inte$t rate method. Trade creditor5 are obligations to pay lor good$ or sèrvices that have been acquired in the ordinary course of operations Irom suppliers. Amounts payable afe cjassthed as current liabilities il payment is due within one year or less. If not, they are presented as non-current liabilib"es. Trade creditors are recognised inthally at tranSactTh price and subsequentty measured at amortised cost using the effective interest method. Dfrrncognition ol financifil liabilities Flnancial Iiabililies are dere¢ognised when lh& ¢haiity's ¢ontradual obligation$ expire or ar& dl$¢harg&d or cancelled. 1.10 Employee benefit8 The cost of any holiday &nlrflemenl is rn1 in th& period in whi¢h th& ¥mploy¥e'$ servths a received. Termination beneffts are recognised immediatety as an expense when Ihe charity is demonstrably cornmrtted lo terminate the employment of an employee or to provide terminalion beneffts. 1.11 R•iir•moni hntrfits Payments to defined contribUtn retiremenl benefft schemes are charged as an expense as they fall due. crttlcal accoUnn9 tIMate9 and ludgement• In the application of the ¢harity's a¢¢ounting poli¢ies. the InJ$lees a QuIred lo make judgements. eslimales and assumptions about the cawying amount of assets and liabilities that are not ieadity apparent from other sources. The estimates and assouated assumph.ons are based on historical experience and other factors that are considered to be relevant. Actual resuKs may differ from these estimates. The estimates and underlying assumpt*)ns are reviewed on an ongo9 basis. Revisions lo accounting estimates are recognised in the period in which the e5timale is revised where the revision 8ffecls lY that peiiod, or in Ihe period of the revision and fvlure periods where the ievision affects both Gutrenl and future periods. Income from donatlons and legacleg Unrestrlcted Restrlcted lunds lund¥ 2025 2025 Total Unrestrlcted Restrlcted fund8 funds 2024 2024 Total 202S 2024 Donations and gifts Grants 19.817 19.817 36.796 46.345 21,200 46.345 61,200 36.7 40,000 19,817 36,7 56.613 87,545 40,000 107,545 21
INNOV8 WORKSHOPS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Income from charitsble activitres unrestCted funds 2025 Unrestrlcted fund$ 2024 Other trading activities Workshop income 926,645 495,091 Expendlture on charllable actlvlti•• Workshop Work¥hop 0xndItur• oxp•ndlturè 2025 2024 Dlrect costs Staff costs Insurance Rent and rates Subcontractors Consuttancy Llghl and heat Telephone Sundry expenses Training Consumables 593,090 8.452 89.733 26,823 5.842 19,729 3,669 19,378 12,847 22,830 277,984 51.114 6,294 17.542 8,955 2.906 2,637 9,061 15,306 802,393 399,143 Share of Support and governance ¢t¥ l¥ee note 6) Support Govemance 56,798 46,714 22,955 24,855 905,SX)5 446,953 Analysls by fund Unrestricted lunds Restricted fvnds 898,325 7,$80 406,171 40,782 905,9)5 446.953
INNOV8 WORKSHOPS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Support costs allocated to activities 2025 2024 M8n8gernent Professional Infoimation techno109y Governance costs 10.741 42.904 3,153 48.714 9.304 10,090 3,561 24.855 103.512 47,810 Analys•d b•tw••n.' Workshop expendrture 103.512 47,810 2025 2024 Go¥orn•n¢¢ ¢o¥ts ¢omprl#•: D8preclatlon Independent Examination fees Accountan Bank charges 34,138 7.200 S,256 120 16,837 3.540 4,315 163 46,714 24,855 mov•m•ni In funds 2025 2024 Th¥ nel movement in fvnds is slated aft&r ¢hargingllrJeditin91: Fees payable for th6 ind•p6nd6nt examination of lh& charivs finandal statements Depreciation of owned tangible fixed o$s&t$ 7,200 34,138 3,540 16,837 Trustee Nonè ol the trustèes lor any rSOn$ ¢onnectèd wilh Ihèm} recèived any rèmunèr8tion or bènèfits from the charity during the year. There were no trustees, expenses paid for 202512024". none). Employees The 8vera9e monthty number of employees during the year was: 2025 Numbèr 2024 Numbtr 21 -23-
INNOV8 WORKSHOPS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Employees (Continuedl Employment costs 2025 2024 Wagès and salariès Soaal security costs Other pension costs 539,628 43.790 9,672 253,077 19.315 5,592 593,090 277,984 There were no èmployees whose annual remuneration was more than £80.000. 10 Taxatlon The chanty is exempt Irom tsxation on ts activrties because all its incow is applied for charitsble purposes. 11 T4nglbl• nx•d •88•t• L•uahold Flxtur•• athd llhd ahd bulldln Motor ¥•hl¢l• Totsl Co•t At 1 September 2024 Additions 67,486 66.293 31,314 24,479 6,780 11.445 10S,580 102,217 Al 31 August 2025 133,779 55,793 18,225 207,797 D•pr•¢lotlon and Impolmi¢nt At 1 September 2024 Depreciation charged in the year 12,669 14,115 10,159 13,948 2.260 6,075 25.088 34,138 At 31 August 2025 26,784 24,107 8,335 59,226 Carrylng amount Al 31 August 2025 106,995 31,686 9,890 148,571 At 31 August 2024 54,817 21,157 4,520 80,494 12 Dèbtors 202S 2024 Amounts falllng due wlthln one year: Trade debtors Other debtors 3.656 7,500 7,500 11,156 7,500 -24-
INNOV8 WORKSHOPS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 13 Loans and overdrafts 2025 2024 other loans 20.000 20,000 P8y8ble within one year 20.000 20,000 The loans a unsecured. There is no fomMI loan agreement in place and the loans do not accrue interest. In the absence of any agreements. the loans have been treate(l as repayable on demand and are thelOre classified as f811ing due within one ye8r. 14 Cr•dltor8'. amounts lalllng du• wbthln on• yèar 202S 2024 Borrowngs Olh&r tsxation and social security Trade credrtors Accruals and delerred Income 20.000 48,328 1.07S 14,842 20,000 13,655 9,777 84,245 43,432 10 R•tlr•mént n•fit sch•m•8 202S 2024 O•llnéd eontrlbutlon 8chém•• Charge to profit or loss in respect of defined contribviion schemes 9.872 5,592 The charity operates a defined contnbubon pension scheme lor all qualifying employees. The assets of the scheme are held Separate from those of ihe chanty in an independently administered fund. -25-
INNOV8 WORKSHOPS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 16 Restricted funds The restricted funds of the charity wrnprise the unexpended balances of donations 8nd gr8nts hekl on twsl subject to specific ¢A)ndttions by donors as to how they may used. At1 S•ptember 2024 Ineomlng r•soure•s R•sourc•s èxpended Transf•rs At 31 August 2025 St Edmundsbury Cathedral West Suffolk HAF Summer 2025 lunding Building Resilience and Nutrition Grant Fund pcc Co-op Community Cares Grant making Programmè 10.000 {3.8151 6,185 3.461 {3.461) 1.750 20.000 1.750 20,000 1.585 13041 1,281 36,796 {7,5801 29,216 Pr¢vlou$ y•r: At1 S•pI•mr 2023 In¢omlftg r•8oure•8 R¥$our¢s èxpendèd Tr•n¥f•rn At 31 Augu$t 2024 Funding from Suffolk Community Foundation through Suffolk Police & Crime Commissionerfs Fund 140.782 782 -26-
INNOV8 WORKSHOPS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 16 Restricted funds (Continuedl The charity has been awarded £10.OCO from Sl Edmundsbury Cathedral. The pU0$e of the grant is to relieve 5ickne5s for the public benefrt by making Grants to organisations providing treatment. care or support lo sick or dis8bled persons in West Sufftilk. innov8 have agreed St Edmundsbury Cathedral th8t the 9r8nt will be used to pur¢iase a motor vehide which 11 make innov8 more accessible to disabled peisons. The expenses in the year relale to depreatn of the ffixed asset purchased. The chÈrty ha$ been aw8rd¢d £3,460 from West Suffolk Countyl to make free pl8ees and mè81s 81 holiday dubs available in Easter, Summer and Christmas School holidays in 2025. The Holiday Activities and Food IHAFI program is a Oepartmenl for EdUca1lUnded scheme delivered locally by West Suffolk Council on behalf of Suffolk County Council. Due lo the timing of the grant rerEipt. ihere ha8 been no spend during the financAal year. The full grant will cary forward for use in the Christmas schwl holidays in 2025. The charity has been awarded £1.7SO from West Suffolk Council in latiOn lo the building resilience and nutrition grant frjnd. The giant is lo support communty groups in enhancAng the sustsinability of local food systems. Tho oul¢omes of th& granl are for slua&nts lo b• able lo cook and ty grown food and lak hom¥ rtrdpes. Students will also leam horticumural skills. The expected outputs ol Ihe grant are the productlon of a reclpe book, production of raised beds and planled frurt trees and ImprovetJ wellbeing of students. Due to the timing of the grant receipt. there has been no spend during the financial year. The charity has been awarded £20.0¢)O from the Suffolk Community Foundation through the Suffolk Police & Crime Commissioners Fund. The funding has been awartJed towards project Pine, a project to double their wellbeing and vocational skills provision lor students who are Emotional Based School Avoidance, school refusers. have mental ill-heafth or Sorial. Emotional and Menial Heatth needs. There ha$ be&n no spend in relation to this grant during the year. The charity has been awarded £1.585 from the Cwp. The programme is run by the East of England Cwp and aims to slrengthen cornrnunity cohesion and integralion. It supports projects that help people play an 8CtNe part in their communilies. reduce barriers and inequalities & improve social contact and experiences. The outcomes of the grant IS to improve to soryal acbves. reduce isolation. improve wellbeing 8nd support in to education or employment. The expenses in the year relate to depreaath)n of the ffixed asset purchased. -27-
INNOV8 WORKSHOPS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 17 Unrestricted funds The unrestricted fijnds of the tharity comwise the unexpende(I balances of donations and grdnts which are not subject to specific conditions by donors and 9rantots as to how they may be used. These include designated fijnds which have been set aside out of unrestrided funds by the trustees for specific purposes. At1 September 2024 Incomlng resources Resources expended Trnnsf•rg At 31 August 2025 General fijnds 121.194 946.462 1898.3251 169,331 Pr•vlous yèar: At1 S•ptember 2023 Incomlng re8ource8 Re8ource8 expended Tran8f•r8 At 31 Augu8t 2024 General fvnds 134.4891 562.636 I4.171> 17821 121.194 18 Analy818 of net a88et8 betwe8n funds Unmtrleted fund$ 202S R••trlct•d funds 2025 Total 2028 At 31 August 202S: Tangible assets Current assetsllliabilities 135,911 33.420 12,660 18.556 148,571 49.976 169.331 29.216 198.547 Unrtstriet•d fund$ 2024 R•striet•d fund8 2024 Total 2024 At 31 August 2024: Tangible assets Current assetsllliabilities 80,494 40.700 80,494 40.700 121.194 121.194 -28-
INNOV8 WORKSHOPS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 19 Related party transactions The following arnounts were outstsnding at the reporbng end dale.. Amounts ow•d to rèlatèd partlès 2025 2024 Loans from trustees 20,OCKJ 20.000 As at 31st August 2025 the entty had outstanding loan balances due to Trustees totalling £20,000 12024.. £20,000). There 18 no formal loan agreement in place and the loan5 do not accrue interest. In the absence of any agreements, th& loans have been treated as rep•yabl¢ on demand and are thefefor¥ cl8ssifi¥d as falling due wbthin onè y$ar. -29-