**REGISTERED CHARITY NUMBER: 1208144**
## **Report of the Trustees and**
## **Unaudited Financial Statements**
**for the Year Ended 31 December 2025**
**for**
## **Firedup4**
McMillan & Co LLP Chartered Accountants 28 Eaton Avenue Matrix Office Park Buckshaw Village Chorley Lancashire PR7 7NA
## **Firedup4**
## **Contents of the Financial Statements**
**for the year ended 31 December 2025**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 2|
|**Independent Examiner's Report**|3|
|**Statement of Financial Activities**|4|
|**Balance Sheet**|5|
|**Notes to the Financial Statements**|6 to 8|
## **Firedup4 (Registered number: 1208144)**
## **Report of the Trustees for the year ended 31 December 2025**
The trustees of the charity present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of 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 (FRS102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
To relieve the needs of children and young people aged 8-18 who are socially and economically disadvantaged and/or those with special educational needs/disabled up to the age of 25 through providing grants to youth charities or organisations to enable creativity through the arts, particularly ceramic arts.
## **Significant activities, achievement and performance and financial review**
FiredUp4 (FU4) supports young people to access creative opportunities in ceramics and the visual arts, working in partnership with Youth Zones to deliver structured, hands-on programmes that build confidence, skills, and wellbeing.
During the year, FU4 delivered regular creative sessions across partner sites, engaging young people through sessions. Participation remained strong, with many young people attending on a repeat basis.
Feedback and programme data demonstrate clear outcomes. The majority of participants experienced improved wellbeing, reporting that sessions helped them feel calmer and more focused. Young people also showed increased confidence, particularly in trying new activities and engaging with others, alongside improved social interaction and inclusion. Participants developed practical ceramics skills, including hand-building and glazing, while increased attendance reflects stronger engagement in positive, structured activities.
Total income for the year was £283,569, comprising £20,000 from a multi-year grant, £53,000 raised through the Secret Ceramics event with London Craft Week, £44,000 from patrons and sponsors and £160,505 raised by supporter. The Secret Ceramics event was supported by ceramic artists, who generously donated works, contributing significantly to its success. The development of a structured patronage and sponsorship programme has strengthened recurring income and broadened support for the charity’s work.
The Trustees consider this a year of strong progress, with continued impact for young people and important steps taken toward long-term financial sustainability. 2026 will be a year of building on this strong foundation, with a focus on further expanding the patrons and partners programme, continuing the successful Secret Ceramics event in conjunction with Kate Malones Curated Ceramics together with Sotheby's London, and exploring the launch of a new Celebrity Ceramics initiative for the latter half of 2026.
## **Public benefit**
The Trustees confirm that they have given due consideration to the Charity Commission's General Guidance on public benefit. These requirements are addressed in this report.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
Firedup4 is a foundation model Charitable Incorporated Organisation (CIO) registered with the Charity Commission. The charities activities are regulated by the constitution document dated 22 February 2024.
## **Recruitment and appointment of new trustees**
Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.
In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
Page 1
**Firedup4 (Registered number: 1208144)**
## **Report of the Trustees**
## **for the year ended 31 December 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Decision making**
Any decision may be taken either:
- at a meeting of the charity trustees; or
- by resolution in writing or electronic form agreed by a majority of all of the charity trustees, which may comprise either a single document or several documents containing the text of the resolution in like form to which the majority of all of the charity trustees has signified their agreement. Such a resolution shall be effective provided that
- i. a copy of the proposed resolution has been sent, at or as near as reasonably practicable to the same time, to all of the charity trustees;
ii. the majority of all of the charity trustees has signified agreement to the resolution in a document or documents which has or have been authenticated by their signature, by a statement of their identity accompanying the document or documents, or in such other manner as the charity trustees have previously resolved, and delivered to the CIO at its principal office or such other place as the trustees may resolve within 28 days of the circulation date.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity Name**
Firedup4
## **Registered Charity Number**
1208144
## **Charity's Registered Address**
28 Eaton Avenue Matrix Office Park Buckshaw Village Chorley Lancashire PR7 7NA
## **Trustees**
Neale Graham (Chair) Kate Olivia Malone Keith Seeley
## **Accountants**
McMillan & Co LLP 28 Eaton Avenue Matrix Office Park Buckshaw Village Chorley Lancashire PR7 7NA
Approved by order of the board of trustees on 8 May 2026 and signed on its behalf by:
NS Graham - Trustee
Page 2
## **Independent Examiner's Report to the Trustees of Firedup4**
## **Independent examiner's report to the trustees of Firedup4 ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2025.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also 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 Company 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 your charity's accounts as 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**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
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:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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.
## Neil McMillan
McMillan & Co LLP Chartered Accountants 28 Eaton Avenue Matrix Office Park Buckshaw Village Chorley Lancashire PR7 7NA
8 May 2026
Page 3
## **Firedup4**
## **Statement of Financial Activities**
## **for the year ended 31 December 2025**
||||Period|
|---|---|---|---|
||||7/5/24|
|||**Year Ended**|to|
|||**31/12/25**|31/12/24|
|||**Unrestricted**||
|||**fund**|Total funds|
||Notes|**£**|£|
|**INCOME AND ENDOWMENTS FROM**||||
|Donations and legacies||**282,928**|25,000|
|Investment income|2|**641**|-|
|**Total**||**283,569**|25,000|
|**EXPENDITURE ON**||||
|Raising funds||**6,583**|-|
|**Charitable activities**||||
|Supplies for Youth Zones||**20,589**|-|
|Youth Zone Grants||**54,570**|-|
|Other||**19,413**|1,000|
|**Total**||**101,155**|1,000|
|**NET INCOME**||**182,414**|24,000|
|**RECONCILIATION OF FUNDS**||||
|Total funds brought forward||**24,000**|-|
|**TOTAL FUNDS CARRIED FORWARD**||**206,414**|24,000|
|||||
The notes form part of these financial statements
Page 4
## **Firedup4 (Registered number: 1208144)**
## **Balance Sheet**
## **31 December 2025**
|||**2025**|2024|
|---|---|---|---|
|||**Unrestricted**||
|||**fund**|Total funds|
||Notes|**£**|£|
|**CURRENT ASSETS**||||
|Cash at bank||**207,915**|25,000|
|**CREDITORS**||||
|Amounts falling due within one year|5|**(1,501)**|(1,000)|
|**NET CURRENT ASSETS**||**206,414**|24,000|
|**TOTAL ASSETS LESS CURRENT**||||
|**LIABILITIES**||**206,414**|24,000|
|**NET ASSETS**||**206,414**|24,000|
|**FUNDS**|6|||
|Unrestricted funds||**206,414**|24,000|
|**TOTAL FUNDS**||**206,414**|24,000|
|||||
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.
## The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The financial statements were approved by the Board of Trustees and authorised for issue on 8 May 2026 and were signed on its behalf by:
NS Graham - Trustee
The notes form part of these financial statements
Page 5
## **Firedup4**
## **Notes to the Financial Statements**
## **for the year ended 31 December 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, 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)' and Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
|||Period|
|||7/5/24|
||**Year Ended**|to|
||**31/12/25**|31/12/24|
||**£**|£|
|Deposit account interest|**641**|-|
Page 6
continued...
## **Firedup4**
## **Notes to the Financial Statements - continued**
## **for the year ended 31 December 2025**
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the period ended 31 December 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2025 nor for the period ended 31 December 2024.
## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
||||||Unrestricted|
|---|---|---|---|---|---|
||||||fund|
||||||£|
||**INCOME AND ENDOWMENTS FROM**|||||
||Donations and legacies||||25,000|
||**EXPENDITURE ON**|||||
||Other||||1,000|
||**NET INCOME**||||24,000|
||**TOTAL FUNDS CARRIED FORWARD**||||24,000|
|**5.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||||
||Trade creditors|||**2025**
**£**
**1**|2024
£
-|
||Accruals and deferred income|||**1,500**|1,000|
|||||**1,501**|1,000|
|**6.**|**MOVEMENT IN FUNDS**|||||
||**Unrestricted funds**|At|1/1/25
£|Net
movement
in funds
£|At
31/12/25
£|
||General fund|**24,000**||**182,414**|**206,414**|
||**TOTAL FUNDS**|**24,000**||**182,414**|**206,414**|
|||||||
Page 7
continued...
## **Firedup4**
## **Notes to the Financial Statements - continued for the year ended 31 December 2025**
## **6. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|**283,569**|**(101,155)**|**182,414**|
|**TOTAL FUNDS**|**283,569**|**(101,155)**|**182,414**|
|**Comparatives for movement in funds**||||
|**Unrestricted funds**||Net
movement
in funds
£|At
31/12/24
£|
|General fund||24,000|24,000|
|**TOTAL FUNDS**||24,000|24,000|
|Comparative net movement in funds, included in the|above are as follows:|||
|**Unrestricted funds**|Incoming
resources
£|Resources
expended
£|Movement
in funds
£|
|General fund|25,000|(1,000)|24,000|
|**TOTAL FUNDS**|25,000|(1,000)|24,000|
## **7. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2025 or period ended 31 December 2024.
Page 8