Company r¢wstraiion nMmb¢r". 14891725
Charity reBSStr4tion numtr*r.' 1208389
,Seen Heard Believed Limited
{A ¢ornpany Jimited by 8utr4nt¢¢}
Annufil ReEx)rt aTrJ Financial Siat¢ments
roi t￿ Y¢arEn(kd 31 MsT¢h 2025

Seen Heard Bclieved Llmited
Contents
Refcrence 8t￿ Athwnistrntsv¢ Det•i18
TnJyt¢es' Report
2104
Accoulltanrs. lie4)0rt
Indep¢ndent ExaminBtr¥ R¢pon
SraiBBxnt of Financial A¢tiViEIC8
No*s lo thE Finan¢iil st•l¢n￿nts
910 16

Seen Heard Beileved Limited
Reference aDd Administrative Details
Coverjxor
WcndyJacqueJine Shepherd
S¢nior Man*gement I Ik&der%hlp Allen. Op2J*tionsDirector
TeaJJb
Charity Rtyslr*tiom Number
1208389
CotDpAny Regl$tratloM liumber
14891725
lThe ¢h3rity 1$ incorpordted in In8l1nd.
Corvctte House
24 F41cort Court
Preuon Farm Induwiol Esrat¢
Siockton on Ttts
Dtsrham
TSIR3TX
Regstor¢d Offi¢¢
Prin¢ÉpAI Office
Community Hub
7 Chèrwood
rhorntre¢
Middk5brough
TS3 9RU
IMdep¢ndcnt Exatniner
Chris Bakn FCA
Stockton Busine55 CÈnlre
70-74 Bnjnswick Streci
Stockion on T¢¢5
TS18 IDW
Page I

Seen He*rd Belleyed LAtDited
Tn￿tte￿, Report
financial Aatcmertts of the chlritsble COTt¥)w for the endtrd 31 M*rth 2W25.
Objertbvts aDd *ttivitit4
Obiicts
and Reconnect￿n. We do thus by inve#Lng ill L famtiys pasl cyclc of inter-generniional tyaurDa. to
bwjd and $trengthcn ¥ posÉtiv¢ fvD
The arc awar¢ that many people in tr Tca5idcuea wffer from the trduDM effEcts of eaTkn'tT events #nd
th15 is ¢0 the thsadvantag¢ of the[￿1v4 th*"r raD￿]￿S the tor4] COMM￿llY. The charity sttks ￿ further
dcvejop its local Pre￿￿¢ ut¢tsd its d¢livuy of sllpt￿ by way of bjil 5yrtem ￿proach trauma
Infotmtd practic¢s.
rt) drvelop I￿alpr£￿¢￿ce
To n*inLsin a￿1 bujld on the ¢hllritys support gfyj fe¢der (wriwttoA% within Te<55id¢ ￿mmUnI11eS
mecl thc dettwxi for OUT trawJJ8 mfotD%d prKa"¢ewwi
We continuc to work closcty with Middle￿[0￿8b CoutKil Earty Help Ttam wk• provjdc trauma Teja￿d r¢f¢n7L
Dunng th¢ ¢out5¢ of the yearwc have also ieac]*d out to Io¢A] primary A]yJ See￿￿ry schools and bave estsbli5J)>S
strong workin8 telatsooships in this Sector. Ow FK>sitivc intttzcrion with thls L% ev*d￿ted by our en*ring tnto
ser￿￿E txv¢l AgreeThKTrts four lorAI s(knb. nan*]y, KI￿ Academy* C￿ls11c Prirrtary School. St
Gabricllt's PrJE)w Scknl wxi Pallisiu Park Pritnary ￿r￿lI through whi¢tL we have ¢ommJt¢d to providing thTee
4pys per￿Ck D) tsaumè relat¢d projco wpporton s¢hool trniS5. We bavc abo participated JJ) piloi sch¢DKS ￿th
ps at Palli&tt Park Primlry Sdwl * vi¢w to to extend out 8¢IN)ol proJ¢¢i w)rk to meet
&￿itio[La2 detn•nd Én th>s Jector
As we refkcl oiir setotsj Is art )￿lep¢k¥Jelll ITrTganisaum thc jow of Heard Bclicvcd, h•$ been
nwknd by solid Progr￿* and i))4Jirin% rrsilicrrx. MoYin8 forwar4 having cvolvcd fTom vnthin ihe .￿ftr
CommunitlCS' o￿anISatiO]4 we kve m* good prngrt￿ in estsb1thV￿ a traumi-itiforthed practi¢¢ that ￿ d¢¢ply
embedded in oui coromutyity. With our rthvly •rquir¢d in*¢ndeni c1￿￿&ble sta￿. secure offkcc $P4¢¢s ￿ld
srr¢n8thened PffiueThhip4 have see4L firt.h•TrJ. dtffeTell¢e d¢di¢ated supw)rt to family lif¢.
and p*rti¢ularly th¢ life and wtllbejng of childTem aThl yOUnR people.
Tn ¢voliinE into an ind¢pendent th￿lty a[￿ out ￿ (yjr CWD. w¢ ha￿ io d** succtifully r¢uin¢d
SUPPOrt orth¢ fUndts￿ sources ¢otrMniUcd io this family intrTr<ntsoD proieet uryjcr thc auspi
of the 8aft¥ Communmes orgartisatiott I￿1 have rccaved C0DlJrLUt￿g fil￿￿i>l froJJJ thvse wurees by way of
fi]￿lirt8 BTanis and do[￿lior￿. All ¢xptsx]al ￿ d•ie have appliod excl￿1VelY w the now
independettt Sw) Heard Be￿eVed family Jnlerv¢ntion prnjecL the ￿ended ¥tLd nwcb 8pprcc1a￿j
financ￿] stsppon thai wc have recÈived from KPMG FfVADdation is cwun8 lo an ejhj and, in comnbkn witb th¢
charity sxtor ss a wbol< se£w￿8 altsmliv¢ •nd additional fut#tkn8 ￿ enAble tr ch•rity to a Browin8

Seen Heard Belfeved Umited
TrusttrJ' Rtport
PublicbeAcf
Our ￿hleVelY￿￿t Ill Teacbing oyl to 149 youug kKopl¢ in yw ts) 31 March 2025. 12024. 831. and ELryny of their
respectjvt tanulits speth ro the str¥h of our missiw & COthrniEWII of our ajjd th¢ publtc bxfiL to o
commuojty. We CON¢nue to f¥£e chllengfs lYp￿￿ to Ltw ¢kntte8 particularly arOu￿j fi￿d￿8 aod operatio]￿]
infra51rllctUT4 bjt our boar4 *atn partsxts I￿AIn wnvavering ill trmts ofttKiF commitment atyl dedicaiion aad
h¢artftlt thwnk¥ EO tfr Ttts MillioLLS. KTrMG Foufylatsoo Thirte¢D SOCI￿ HO￿lr￿ thc Middlesbrough
Q>uncil Early Help Team ttiliGai S*EFyort dunttg this Pl￿￿] y¢ar.
s¢rvic¢s. W¢ re4nain ¢ommittrd ¢0 pt4>pk at the Jxart of our wLYk aTrJ ￿ ensu[U￿ thai Heard Believe4J
can Brow as a trust¢d. tr4wntrinformed strvi¢e pn)videT t1￿ offgr& ho￿ JxllliJ)g ￿ r¢siliertt to th¢)se ￿lat nccd Jr
tnost. Thgnk you * ¢vtiyviK th beli¢wes ill 5Utporys our mitsion... 108ethtt, wc are makin8 a Profound
diffcr¢nc¢
The tsu5tees confztm that they hav¢ conjplitd wilb th¢ tEquiretnt4ts of se¢t2on 17 of th¢ Ctwrities Aci 2011 to httvc
dlle regard to the public bcnefit 8uidarKe publi5hcd by the (JJ•Jity coM￿SE100 for al￿ W￿¢$.
Trysiets #nd off￿¢r$
The trusivcs aDd offjccts sBrw durin8 the SIDCC th¢ ￿r wue As foll￿..
(k)v¢rtK>r.
WentyJacqvlin¢ ShepTr
Teatm..
Enm Allwor￿lI0l￿ Dnttor (¥p)mted l March 2WIS}
Stattmeot tsf truJtet$' Ttw(1tssibilitle5
The ￿￿1¢¢S (who are ￿$0 the djrtc1D￿ of S¢¢D H¢ard Ljtyittd for the pwpo8es of comwtty l•v4181¢
responsible for prewjng the tnLsiees' report a￿] the Stat¢￿ts in a¢coTdao¢¢ with appli¢able law &nd
United Kingdom Ac¢ouJJtity8 St3J)d•Td$ (UDit4J Kil￿d0￿ GtheThily A¢£epted Aetountin8 PAtEic¢l, Includ￿ FRS
102 "Tbc FLnallciai RcpornDE Stsndard XFf*lic4bit w the UK I￿j Republ* 0flrcl￿￿". The report aLd a¢¢ovllts hav¢
bcthi prepar(115n 2C¢OTdancc with ihc provisions iD th¢ Cwjamps Act 2(M)6Telatin8 to mll coMp*ki￿.
Conipany l•w requir¢s th¢ tnL¥tCe5 to prtpaTC 5tatrj￿ for ￿ fi[w￿la] yc4r. cowy llw the
Irustces MUSE Dot approv¢ the fin￿1•4 5tatementy arc Sa￿Sfie¢j that th¢y give a true and &ir view ofthc
slat¢ of affair.% of tl* charitsble company of the iDcomin8 tt*)urcc$ 4J¥J applica￿all of f¢sourccs. inc1￿JIng its
intome attd expcndituro of th¢ ¢lhBritsble CODwatty for that p¢¥K￿. bj th¢s¢ fllwicial smtenjents. the
tntsites are k+..
Jca suitable afCLWDiing wlKit5 4¢*1 apptykn
Pa8e 3

Seets He•rd Bejievol landt¢d
Trnstees, Report
th¢ J]J¢lhoth pri￿lPleS itt the athntt"e4 SORJ:
tttake jtsd8tmcnts •nd ¢M￿￿At¢S rea*J￿ble I￿1 rfft*lcuL
whether applK4blc iC¢OtsDith8 yand•rds. comprillithg FRS 102 h¥¢ b¢¢ll folw •JbJt<t trj Itsy matwial
disclosol aod expl*uJed io ihe fiw"81 S*menty:
' PryATt the f￿a￿tIal il&tun¢r￿ on thc 8L¥n8 b•M it is IT￿l￿e ty p￿SUr￿ tlw the
chartrabk Comp￿Y wll Ju
The ¢ru$l¢e4 ar¢ rOSPDJISLbl¢ for k¢wn8 prrwxtywlliD8 TrCOTds th41 e4n d￿1￿¢ with [wO￿ble *ccurncy ot •ny
ilme ihe fmJr*ial POSJlion ofthc ¢hantsbl¢ cwnwy aod ¢qtabie th41 th¢ financul wnyply
ith rh¢ Cowoaniu 2&J6. They ¥e Atso rwonSib￿ for Mle8twthn8 thr ofthc Cl￿rI￿bIt comp•Dy and
PKllec lor IAkJn8 It•￿bk fo¢ th¢ PTe¥eLll￿ •ud rkttcuon o1fr8wJ And other m8ul•rilics.
The fTUJt¢¢s tr¢ rMporoibl¢ kn th¢ m•tDloallet Jht¢znTy ofthe *ryd fin￿¢141 infOrnuts￿ ￿ch￿l0d ¢
IhÈ chtilable compthyl L¢￿%￿0* th¢ of fin&Kiil $talErMnts
mèy diffrtr from l¢£islation in thiwdictitiN.
This i¢port prwred in 1ccord￿￿e with th¢ r¢qits* Aa 2(lJ6.
v¢pon*u #pprD¥ed by th¢ olthe 251w 2¢n5 •Th1 SI￿ bts behaifby..
Wendy J#¢4uelin¢
Gov¢rnDr In￿<#

Chxrlortd Account*nt$' Report to the Trusts¢g on tbc Prcpar4tion of thc UnaDdiled
Statutfyry Aeeounts uf
Seen Hcard Believed Limited
for the Year Ended 31 March 202S
In order to •tsSis1 you to fuifjl YOUT duties under the Conwies A¢1 2￿. we have prepared for youi approval Iht
4¢couli￿ of Scen HE4Td B2lk¢vcd Lithiicd for th ycar cjthd 31 MhTch 2D?.5 As 6e.i oiit on 7 10 16 froni tho
¢ornpany's aL'eOllntsng ic¢or(ts ahd fronj Informatson aiid ￿p1aD￿￿On8 you hav¢ wven us
A5 4PTactssin¥ nicmbcr fm ofthe I￿li￿le ofchart#r& ACcoun￿nI& IJ Ensiwsd aod Wales IICAEW) ￿rllr¢
subjcct to IL% ethital wjd oth¢T profcssionkl iequwrments whleh ￿ede￿lled xthry.'iA¥ww.icsew.tonVcnl
MeMbU￿[Egul1Ito1ts-St2￿da[dg-&nd.g￿id8NeeI
Thi5 repori is n￿de 5nlely to th¢ board ofdtrEd¢TS ofseen Heard Believ￿ Limiled. as a body* ID accold81￿e wilh
th¢ lern￿ of our en8a8etnenr l¢ttcrdal¢d I l JUDC 2024. Our work kn been vnd¢Yth 501ely to prepar¢ for YOUT
Approval ihr fin•ncial 51atciiwits of Seen Hrud B¢liev¢d L]n￿led and 11105¢ mdllcr3 Iliai we hav¢ ogre¢d LO
Slllie ¢0 th¢ ioard ui director5 of Seen Heard Btlicvcd Ljniited. Is a body, Iii ihis repoll. In a¢c¢rdance With ICAEW
Tc¢linJcAI R¢l¥ase 07116 MF. lo th¢ tulltisi exleni pemimed by IAW. wc do accept or as3u1￿ respo￿51￿11]1Y io
atty0￿ oth¢r than S¢¢n Ha4rd Il¢lirYed Limiied alld11s board of dirttLors as a body for our wwk or for Ihis TCPQn.
It is your duty to Cnsurc tbat S¢cn Jlcard Belicvcd Limited hA8 kcpl adcguate aceow)Uns mcDr&s And w pr¢p￿¢
Rttylutory ihal 8iv¢ a Aajd fair view LTrf thc asscis, liabiliiies, financial wsition and of Sc2n Heard
BelTrev¢d yo￿ considcr thai Sgn 51eard Bolievcd Limited is ¢X¢mPL from the stawtory audit reqUiru￿￿t
forthc y¢ar.
Weh
we noi been iiisiruckd to ¢aTry oui *n attdit or * of Ihe accounts of Seen Believed Lirnited. for
asoJ4 we hov¢ trot verifi¢d the 8CCUTacy or ¢omplttEll￿ of th¢ a¢<ouiiting re￿rdS or iiiftsrnulion and
lion& you have given to u$ and do llOL ther¢foiH upr¢y8 &nyop¢nion th¢*atutory a￿llnts.
Cxpl
Chaff¢rtd Ac¢ountani
25 Jwjc 2025
P4e5

Seen Heanl Believed Llmited
Independent Examiner's Report to the trusltex of Seen Heard Belleved Limited I'the
Compally,)
l TOPOrt 10 thc eharlly trust￿5 on my ¢xamrDalioD of th¢ a¢¢ouDts trfthe Conyany for the y¢rat 31 M￿h
2025.
Rupvrysibli Ind basis tsfr¢port
A$ thr rharity's of th¢ Company land also its directors for Ihe purpose& of Company law) you are
rc5po1￿iblc for Iho preparation ofthe A¢￿U￿ts in •È¢oTd3]Kc with the rc4uiirmcn15 trfthc Conip3lli£5 Aci 21N)th I'the
2￿6 A¢l'l
H&vlnÈ satixtlcd myself thai ilie ?c¢ounts of the Compathy are noi Tcqwred to be alldiied undcr Pttrt 16 ofthe 2006
aNi gre eli&ryble for ind¢)C]￿￿t examination. I rrport 1]] Icspe¢t of my examitJ&tiott of your ¢haftty'¥ a¢¢ounts
e8med Dut und£T sec11￿1 145 of Ilie C&wilies ALI zoi I I'LhÈ 2011 Act'l In caftyii18 Out my examittation I ha
rollow¢d the Dircction5 Rivett by the Chanty Commissioft under section 145{5l(bl of the 2QS l Act.
Ind¢ptfvdont examiner's stgtemetht
I I￿ve CDThplcied my eXam￿ation. I cojfimi Ihat no mancrs hwe coft￿ lo my atkniion In CO[￿LEction ￿111 Ui#
cx#miiiatiDL giv2nE Iljt cAusc to bElIe￿."
l D¢counling ¥ccor&s WeT¢ i)rf k¢pl in rcswi otS¢M Hcard Ikllcved Limited ￿q￿red by 5ecllon 386 Dfthe
2006 Acl. or
2 attounls do Liot a¢¢otd willi thD5E recordJ', or
3 lh£ a¢￿￿nts do noi comply with th¢ arcounting r¢quJr¢m¢nis Df scetioD 396 the 2006 Acl 011￿ thali any
Irquiretncnt th•1 Ihc a¢Lounl3 8lVt a .￿lle and view. whiGh is Aol u mat¢cr ¢onsidcttyl a5 part of a
Indcp¢ndciit exHInillation' or
4. th¢ a¢counts Iwve not boen pry8riyJ in ac¢ordattce with th¢ in¢ihods and pnn¢iplcB of Ihc StBtcm¢r)l of
liccommeLNltd Pracknce for and rtpurtthg by thwties lapplic4bl¢ to charitits p￿par￿1& thBir
BccounL% iij ac¢oTdanG¢ with the Finaaeial RwortiD¥ sfzjhlatd &pplicDbie in the UK and Rel￿b]It of Ireland
{FRS 10211.
e nts ¢oncom8 Bnd hvc wm¢ ocrn• othor in ¢0]m￿li0n wtth the ex8mxD3tion 10 whi¢h aiknlion
d be drawn In this rEporl io ijyder lo énjbk a ptOP¢r ￿￿der6tanthUg Trf thc ar¢ounts to be rea¢hed.
Christophcr Ilurkcss
ICALIW
s￿Ck10n busincss Centy¢
70.74 DruNvrick Stttct
Siockthn OH Tcc
TSI8 IDW
25 Junc 2025
Page 6

SeeD Heard Belitved Limited
Si•ttmtTht of FIBanelal Aetffivities for the Ye9r Lnded 31 Mareh 2025
(locludlng Income and Exppndlture Aecount and Statement of Tot*1 Rcrognistd Gains And
LosseB)
Re¥lrlL'IL.d
I'ofal
IOZ5
Plole
ILofjme F.￿d0￿ments from:
DonEiioii.%-and 1¢8aiie$
Oilier income
144.26Z
910
144,262
910
Tothl in¢omo
145.172
145,172
Lxpendirur¢ ou..
Ch3niAblc aLL?Vllics
1115.342)
1 15.342
Tothi expeLdiiurc
115.342
115,342
Nct IKoi
29.83
29.830
Cl ir ￿lld$
RL'¥WJhcÉliAlion offuDd$
Total (unds brought fonYa¥o
Towl fiJtAs catrlcd fo[w￿d
29,830
29.830
55.203
55.203
14
85.033
RL'llrlclrd
runds
85.031
ToiAI
2(124
Nthlo
In¢DJJJ¢ xiid fro￿.
Dun2tJons IEgooies
OtliBr in¢om2
13.1,a71
2,712
131071
Ttrtsl itton
135,783
)J5.783
Ch4Fityble Bctivil]B¥
(80,580.1
(30.5801
55,20)
180.SSO
8U.5RQI
55.20J
incomt
55203
5,ZQ3
Reco￿¢111￿10n of fulld¥
To￿1 fimd5 cthi¢d forward
55.203
55.203
l of the c￿TI￿A actlViliVa dEFi￿ from Continuing oper4tsons dutiD8 the above two penods.
ThÈ brcakdDwm ftsr2024 is sho￿> in no¢e 14.
The nDle8 on pigcs 9 10 16 form iniegr&l part olthele fin$ncial $tBlethenLs
Pa¥e 7

Seen Heard Believed Limited
(Rcgl$ti*ilon numbcr: 14891725)
B41an£e Sheei as at 31 Marcb 2025
Z025
21n4
D¢biot5
Cash Rt baDk ¥Dd in h8Thd
889
61757
12
91.254
91,254
65.646
CrwJitor$= Am¢Mhts ff•lllng dut wlthln uthey¢*r
Ntl Is5ots
162211
18,443
55.205
Trf Ibe thxr51y:
Rtstrfct¢d iD¢OIIIL' fund5
Rostnctcd ftLrtd¥
85.033
51,203
Toi*l fu￿￿
14
85,033
FLII" Ibe riD2nCi￿ year ehdiag 11 Kf#rch 2025 th¢ Ghaniy enti￿¢￿ ￿ eX￿p￿an from wdii ￿der sttliun 477 ￿r
Ihe C4)mpiniva Aci 2006 rtlalio¥ tsi xmall
Dircctors. ttspotJ8ibiliiic¥.'
Tbc mernber& have ttot [eqU￿¢d Ihe cbanty io obtain all audii of a¢¢ouuts for the yeaz in que5tJon ui
acivrdanLe wilkn 52cTrnn 476; an6
Thc director5 a¢knowl¢d&¢ Iheir Testthsibib"ts8s for wll]plJiDg wilh lh¢ t¢quiremeDts ol tilt Aci wjth wpeci lo
OUnliTr¥ remrdg avd tlie prtP4wion ofa¢¢ounli
Tht5c fTllancilll ¥¢at¢tnents kave b¢en PTeptred irL L¢¢OTdance with Spo¢1￿ pray￿10￿S ryl•linB W CDtDPAUIU
s¥bjeci 1¢ Ihe snMII companic8 Wiuiin P￿1 15 orth¢ compani￿ Ac121106
The fiTiaD¢141 Str￿'M{￿ts on sYAges 7 to 16 wtr¢ •pptoved by the tsu.$lee5. Bnd &¥thnii%ed for isykne 25 2025
4sJd on ihEif bLhMifby.
Wcndy JAciiuclinc
OovcrJioT and Irusi
hcphttd
-rh¢ motcts on P4Bt$ Q 10 16 fonn in iniewal PArtof th25¢ finatscial
Pag¢

Seen Heard Believtd Limited
Notes to th¢ Financial Sia¢ements for the Year Ended 31 iwtarch 2025
I Cknrity $tlllv$
Tli¢ tharsiy i¥ Itmited by guarnnlce, in¢otporAled in Enyland. cothsequenEly doe5 noL hav¢ shar¢ eapital Ea¢h or
the tTU51e¢5 15 littble lo eoniribule an amovni exc<¢thnE £1 iowwds Ihc usscts of thc chaTity in thc oveni or
Iiqusdaiioj).
The address ofits rBg2st¢rtd 0￿)ce is.
C4)rvrtre FloJse
24 Falcor Couit
Pres￿lI faiTh Industrwl k5th1g
Siockii>ii Dn T*$
Durham
TS18 3TX
The PTincipal plaie ofbusiness is..
Conuhunity Hub
7 Chanvood
Thuriitrre
middlesbr¢￿Èh
TS3 9RU
lThese finantial 51aierrrtnt% wetc atsthorised for i6we bythe QnL4*¢S on 25 Junc 2025
Z Accounting policies
Summtsry ofsiEnlllc*ut acc•utsiiog PDIi¢iu Attd key *¢covllling ostlmite¥
Tli¢ prin¢ipal aCWUiiliD8 PDlicics applio<I ih tho preparduon of diL8¢ f￿anCIal starem¢nts are w out bolow. Theic
polici￿ have bccn consistsniiy applicd to all thc yc3Ys pre5cni¢d. unlcs) othcrwi5e g13*d
St•tern¢nt of cnmplillnct
'lThe fiiiaiicial 5taiEment5 h&ve i*¢n prepartti kn accordwi￿ WLth A¢countin¥ *)d RcpoMinB by ChaTili¢s.. Statetn¢DI
of Recoiiyiicnded Prnctice 13pplic8bltt io Chaniics PT¢p4finE the￿ llccowits ill #cThirdtsur¢ with thc FiDan¢ial
Rep¢rtlnB SI￿lI1￿r0 api)li¢able in Ilje UK RepubliL of lrnlaJ*d (FRS 10211 (iSBUed in Ocioher 20191 Icliarilit
SOKP 11-.RS 10211. the Fin4nEial R¢pDrbn8 St￿dard 8pplic4blt in the UK and Rcpublic of Ir¢iattd IFRS 102) and
C4mpAnics Act 2006.
B&slsofprnp¥r#tloii
Scei) Flurd BLliiv¢d Lirnitcd incets thE d¢finiLt(x) of a public bellefit tnliiy llndey FRS 102. AtseL% 118bilitles Iirc
lni1i￿1Y rccognistd Rt liisioric3J ctssi or IT4rysactif￿ Ydlue unl(* olh¢Trrise siaitd IlJ¢ ￿l￿an1 8¢¢ouiiting wli¢y
>ies.
Pa8e Y

Seen He4rd Believed Limlted
IYote5 to the Flnancial Statemcnts for the Year Ended 31 March 2025
Golng toDc¢rn
The fili0￿1￿1 st&lements h•v¢ b*n pr¢porciioo a 8Ollig ¢Ow￿rn bJ3i5.
The Intstees whcther Ihc u5¢ of going ¢ODccfD appropriate i.e. ￿l￿(l￿r diert Drc any mkt¢riol unFEn4inii¢&
led 10 evcnis QT ¢ondiliolls thai may wt si&pifi¢ini doubi on the ability of the chariiy to iontinuo ts$ a going
nccni. Tb¢ Iriisietr3 make thi¥ Ass&ssiYJ¢nl in reswt (>f a pCri(￿ nf onL y¢ar from ljie daic of RpprnvRI of Ihe
lTrtome and ¢nd4Jwrucnts
I iOLOLllC is recogxistd orK¢ thB chaftty has elliitl¢n*ni to the illcotn¢. il is pmbthlc the iTJ¢ome Mll b¢
rc¢¢ived and the 4mounl ot the illLoine Tec¢ivable be Jncasurtd reliably.
D0112lions ar¢ r¢co8nLscd the Lbaiiiy JJ45 been not￿t￿ In wntsng of both tlic as￿￿￿1 5r￿Je￿￿￿t date. In
Ihc tveiil th41 a dao$iioM 1$ subjixt to condiiiolls that reqyir¢ a l¢vel of performliice by the charity befDr¢ Ihe 6li&rilv
IS ¢nLiil¢d 10 th¢ lunds. th¢ income 1$ defrrred and ntsi rttogni3ed ulltil eithcr those Conditions aTe fvIIy Jjjd, or th¢
rulfilnwnl ofdioRe Conditi￿1$ ss wholly within the control ofihe chaniy and il ?s probablc ihtyi Ihese ¢ondiDons will
be fijlfillcd iii the rcporting p¢ftod.
ExptDditure
All cxpcndiivre oLcc theTe i¥ a 1¢841 or wnsiru¢LiYe obliyi>on lo that cxpendilure. li 18 prob8blc
S￿11¢￿1￿11 is rtqLIFrcd and ihc amDunl Iir messured rcliably. All costs art allo¢aithl ￿ ih¢ applicable expcndiiure
hcathng Ilial llggr¢8aEC li￿12ar cows io ihat rale80ry. Whcrc costs be ditccily llttributhd to pArtJcu]ar headiii
Ili¢y hJv¢ kcn allocded on o basi5 ron&isient wiib tht use of r¢souice5. wilh central stair costs alloca￿ on the
bgsjs of tin￿ spthit. and dBpre¢iation ¢bèrgcs ajlocatrd on the portion of the 35$￿.￿ us¢. Odier SUPPDrt ¢￿$ts 8rL'
Rllotated based OK thc spretsd ¢osis.
Cli*riloble OCiiViti&r
Chariiablc expendiwre conipnses those iDcuu¢d by th¢ ￿lI￿ry in thc deliv¢ry uf its activiii¢s and for
Il% bciiefiCiJries. li iiicludes bDLh cost8 Ihai can be allwaid direcily 10 8iich activilicE al￿ those cosis tsf 411 Indir¢ci
Jiaiurc ￿￿¢6s￿ry to support dièrn.
Support COgL*
Support cost$ include central funetioths And have &lloeal¢d ro activity t05E ¢8Legoii¢s on a basis ¢onsi$tenl wilh
list ttrTe$QurL￿. lor L'xamplb. allocatin8 property costs by floor ircas. or per capith..slarrr(k4ts by the tim¢ spen¢
uthi'i. tt)SLS by th¢1¥
rrfTrvertsArye¢ Cost>
Thesc include ihe costs attribuEDblc to the ¢h&rity's compliaii¢e with cons¢iknliDnal and 5Taiiiiory ro1￿1￿¢[￿￿￿¢&
I￿l￿dI1￿ aurtiQ Stsal¢gic rJ￿g¢ll￿nI and ttUSi¢es p￿tingS reirnburs￿ eX￿)$r5.
Pa¥c 111

Seen Heard Beli¢ved LiDJited
Not¢s to the Flnanci8J St*temen¢s foi. the Year Ended 31 March 2025
'1'4xAtio
The ¢ha¥iiy 15 cnn%idp.ToJ $0 pa5% the teiit str1 oul th PkryfApb I Seh¢dule 6 of ihc FinAl￿ A¢1 zoio iheref(kTE li
nieely Ihc defTJ)Ilion of 8 Bhaniable for UK corpotatiun purpos¢$. Aceordin8ly* th¢ ch8rity Is polcnii411y
cxompi from i*xatioD In r£spcci Df JncD(nc or ¢opiial 88ins TCL'eiv¢d wiihiil ¢tte8Ontt4 cover¢d by Cliaptcr 3 PKrL I I
OF th¢ Cojpts￿ti0fj Tu Aci 2010 or S¢Glion 256 orth¢ Taxation of CItht8Cdbl¢ rtci 1992. to ex*ni th
$vch iLltom¢ aYÈ appli¢d cxclLuJveJy Lo ¢l*ntDblc purpose5
TrAde debiows
Tradc d¢blOry ￿0￿￿15 du¢ from GU8t04]KTS for nffthandisc 501d or stTvice5 perfmrnth In Il* 0￿)nary coyroe vr
bv&inc5S.
'rt8de dobieT5 aTe rtrth8Mi$ryJ iJ1ti8)ly al ihr tr4DsactsoTr prirc. They subsc4u¢nily m￿8￿cd at wrh5cd tTrst
iisiiill dit etfLLlivv inleresi Ihelhod. less provist(m foT il￿Pair1￿C￿L A provi510n fc*r ihe InipairnJ¢nl LTrf trad¢ debEarx i&
blishcd when Ihcrc 1$ obj¢ciivt ¢yiderJtt that the rknrity w¢ll not be 8blc th ¢ollec( •Jl wnounts Jue aceordln8 14
th¢ u17￿￿81 ¢Crn￿ ofdle YBreivabl¢s,
Ca$h ¥nd opsb oquiv41eDIs
Cxs'h and cash bquivalents compnK cash on hRThd gnd c￿1 fv114 and othtr short-leThii higlily liquid 1tt¥¢simeiii8
thHt ayc rcadily convcrtiblt to a knowu ofcash and arc subjxE D an in5iSDifi¢•nl of cli6iiRc Iij value.
Ilund SlrutiJrc
11&sthetcd ￿comC ful￿ are Iho$r dDnaied for use sn a partitular urr• or for $pKific purpo¥cs. the use ofwhith Is
trs¢nLird 10 lkni ai'(¥ Ol. PUIPOSQ
-1 lfftruML. fi'9m dob*tiDll$ ind Icg*¢l¢i
Re5trlcted
fuAds
Tot*1
cEul•f gimng capi%lll donAi
T&¢41 for Pt￿0d Jl March Z025
ToiAI for period vhdod 31 Mthreli 2024
144.202
144.262
144.262
4 Other
fundi
ruods
and suppli
I'ollll for pcrSod ended 11 MArth 2015
TulAI for period tnd¢d Jl March 20Z4
910
yio
2.711
2,712
P4ell

Se¢n He4rd Bellevtd Limlitd
Nolu io tbc Finandal Statements fnr the Yegr Ended 31 M•Yeh 202
S gxptndltrrtre lil ck*TilabL¢ 4¢tiviti¥i
R¢51rlcled
ruThds
Toiil
futhd5
AIIo¢oiLd 3VPPDrt costs
rTuverndii¢e ¢0515
77.643
37.699
77.643
17.699
1.0121 fvr povlod ende4 31 Mlrch 2025
'li•ial lor p¢rtod ¢tyded 31 M#r£h 2024
115,342
15 J42
80.580
80.58u
Atilvil).
oThdtrtake
dircclly
Tot•1
txyÈndliure
S¢ttJi Heard BeliLvul. (Fthily lai¢rventsDnl
Tot*1 for period Ended 31 Mirrh 1021
77.64]
51.662
77,é43
51.662
In add1114)il lo Ehe expendI￿re tsilalyscd sbDve. th¢1¢ 4r¢ ¥15u gov¢nranb¢ ¢osty of E37.699 11024 - £2891 Xl whyh
Tclatr dirttily 10 cliurilablt activtts&E See note 6 for fyrthu detllils
6 A¢Lllly&i$ •fEowernanc* and supporl ¢0$1$
ftvtrl¢LL
fuDds
Total
d$
AIIocaiEd support W51S
Total Ior perlotl trtdod 31 Mareh 20ZS
TotAI iorpertod ond¢d 31 Maith ZO24
37fj99
37.6fJ9
3?.699
?8.918
28.918
P2¥c IJ

S¢¢n Heard Belbtved Lknited
l¥01￿ to the Fln•lleial Stalen￿nts fDW Ihe YeAr Ended 31 MAr¢h 2025
7 Nel ElltoDthbW•ut￿ Ttsottrc¢5
ZO25
2014
OrhernDfpauth"L ￿r¥i¢¢I
3.169
7.38fy
Duiiti¥ ihc ye4r Ehe Lhatiry rn￿E the followiDE Mih Irumcts..
Wondy JMt4Utltnt ShEpherd
WEndy Jocqucline Shtphcrd Itcthvrl rMpJnETriiOll vf £Nil I2￿1. £Nil) £Nrl {2024.. £Nill rf ¢XP&k5BS
TthmbU￿d itr W¢ndy Ja4ue2tr Shepherd yw.
Ai Ule b*la]*t *heet dzte the W{￿Y Sh• {2024' I￿11).
Jolbn Robert Scadden
John RobrA Sc4ddcn roteivcd romwlc￿10Tr uf £Nil (2WJ.. thil} •md £NQ 12024. £Nill OF cxmr4
rtimbuvsd ID Jojw Robert S¢4dden ¢hErtng thE
Ai Ihe balalltt kndgle the th* John Rabert &•¢hleu £Nil12024.. fNil),
Surah-Jaty* Buros
SdralFJaiie BunLF rE￿1V￿d Temt￿￿ of £Nil {21J24.. ￿1? £Nd12024. £NIl) ofcxpc￿￿ wtxe teiinbuEStd lo
S•rakJ2De Burw thuing the year.
At the bLIfyn￿ shcd thG arnL4UM SaAkJ¥* £Nil rL024. £Nill
Vetonlca M*ry M•Drt
math byth¢ ￿t￿t¢s Any Itthchtd ttstslled£Nil fwthc yEar {2024. £10.(*JO)
9 51AN co*
The pa￿vIl •6 foltow&'
The mofflhly a*Tage mThbcr nf peTrons {ineludin8 I k¥dcr5hip 4ryloyed by th¢ ¢hsnry
r]ie Trr exr*TesscA ai fvll tirne equL•Alw w45 ￿ tsllowx
20Z5
?014
TftLwi2e (DIte¢￿)
plo
P¥lS

SeeD Heard Bclieved Lfimlttd
Notes to the FinaD¢ial Statemenls for the Year Ended 31 March 21125
212024 . 2> ot thc above tmployt45 pwN¢yied in th¢ Defined con￿b￿liOn PelliioJ 3GIMnes.
012024- 01 ofthe above erryloyees paiijcspaied in th¢ D¢fillcd B¢nefit Pension Sch¢m¢s.
ContribuLÉons w the Èmplvyco p¢nfjion sd)cmes for the year toi4llcd £7% P024. £3841
the year, the ¢hBTIty teduThd£w andlor iunJinaii¢Jn pwnents which totrllltd £Nd12024-£NIll
No ¢ryloye< icccivcd cmolum¢nts of iiwre £60.OOOduring Uie ￿*r.
'rhc toial tsmploy¢e b¢llefits orth2 kcy mEiiJ8ement petJom)cl ofthe ¢hatiiy w¢re £39,71312(Q4- £21.0881.
The FBinil} Pra¢liiiontT {11. as the hi8h¢si paid Mernb￿ trf stair, received benefits lolalling £24.776 12ts24
£152861.
Durin8 thr the tliariiy mtdc thG following tri￿¢(10￿ with key tnanagejxnt pus0]￿¢1..
Famllv praclitLDuer111
Tlie bèniily pnLknliontr 111 rcGcivcd ￿M￿n¢rati￿n Of £24.r1612W24.. £152861 gvd £933 12024.. L4691 Or￿penSES
re rcimbur5cd during Ihe y¢Ar.
lThe ejnployce Wds p&idc a MTIC￿e allowancc by wty Df reimbuTscfLh¢ni for Ihe ¢ty51 Df using thejr r2r
IilldErt3kin¥ ihcir fgmily intervcnlion pra¢uiioncrduiies Im bchplf of thc Cl)aniy..
FAmilY Pracriiloncr
Fomily Pr4ctitlOii4r 121 rcecivcd rcM￿￿e￿IOll ot £14.934 12024." £5,418) llnd £540 12024.. £2101 of ¢%[*￿¢&
T¢inibur5¢d diiii1i8 11i¥ yi*i.
ThL' cinploycc wbs paid a mileag¢ xllDwancc ia rejmbiwse 1Sie LOI of prnvidiog dieir own car whtn vndernking
l¥siiily ilityiwnliojj practiii￿le1 duiics oli bchaifofihe chaTiIy.
(21
Page 14

eeh Heard Beilev¢d Limit¢d
Notes to the Flnancial Statements for the Ytir Ended 31 March 2025
In r*xatioii
'ThechaTIty ￿ # rtwsl¢rcd choYiLy is IlJ¢r¢fotf QXE*yL fivm tllxaiioii.
I l DebtOT5
102$
2024
Oth¢r dcbtw¥
8351
2025
2014
Cosh un h¥sid
ot bank
?87
YU.967
09
62.68S
91254
62,757
13 CrL'ditors'. ¥mouots f*lll*g *ithln ont year
3025
Z024
Oth¢r wxki)0ts ond soeial
Olhcr ¢￿thi0
¢CtuLIs
3.571
358
2,492
¥,266
8,443
14
R2souretÈ
April 2024
BxlaDcc 8t 31
Mircb 2015
Rosirl¢¢¥d I'undE
5.5,2D3
145.172
115.342
R¢50urtos
pxpcnd¥d
r¢5tsurces
Marth 1024
Rtrtri¢ted fuibdi
115.783
55,203

Stea Heard Bell¢ved LiJDItEd
r4otts to the Flnanclal Statements for the YcAr Endcd JI March 2025
15 AA41ygis ¢f #Lbt fuYb¢b
Al l Aprll
2024
A131 Marth,
211Z5
nows
C￿h 41 bank aJO Iii liahd
62.75?
28,497
91
54
debi
62,7
At 24 M•y
IQ23
78.497
91.254
AI JJ M*T¢h
2014
flovs
Cath w bank Bnd Ih liontl
Dcbi due ￿1111￿ one yenr
Nei dthi
62.757
8¥9
62.7
889
63,646
63,646

be¢ll HeaTd Belleved Limityd
Statem¢nl ol Finan£ial A£tivI￿￿ by fuod for rhe Year Ended JI YÈb 202S
Restrlcted Funds
T¢bi￿1
liestri¢i¢d
FknDdR
2V25
Reitrieted
Fund5
2024
Ink￿Me EndowmÈuls from".
Donaiitsns atrd Le￿￿leS
niher Incomo
144,262
910
133,071
2.712
Tts￿1 i1￿0￿7c
145.172
Exyobditure Dll:
ar1￿ble E¢￿vitIeS
135,783
180 5801
I'othl expendiiur¢
Nel ￿￿OMe
115,342
18Q,580
29.830
55.203
Ntl mDven￿lit In fvnds
29,83Q
55.203
To￿] fuT]ds brou8ht furward
Total funds C8TriGd fon¥aTd
55,Z03
85,033
55.202
Tls78paBe doc$ iiDI lorni pari ofthc siaitsiory finzncial 5latcll￿iI¥.
Pa8c 17

Seets Hean1 Bclteved Limitcd
Det8iled Sl*temcnt ofFinancial Activitie$ for the Year Ended 31 Mar<h 2025
TDtAI
'rot41
2024
tsJy41 Etydtriyments from:
Ek)n8110ns and leLry¢ie$ lanalysed b¢lowl
OthcT IAn•lyscd t*lowl
Tot&1 incoTnt
144362
910
I33.￿1
2.712
145.171
135.783
Exptnditure oll:
awr113ble &LitVihos latY41ysed belowl
1115.3421
80.58QI
18Q.5fi01
55.203
Nth movem¢ni In fithds
Rteond14Jifon offullds
'rolal fvn(13 b￿l￿8hr fvrwaTd
To￿[ fu))d$ L'4rried forwar
29,83Q
55,203
55.203
5.033
55.203
Tlii8 page fomi paFt urth¢s￿l￿10ry fiTMncLal SLqwrncnLS.

Seen Heard Believed Limited
Detailed Statement of Financial Activitie$ for the Ye*r Ended 31 March 2025
Total
2025
'rolal
2024
Donolions lÈEllcies
Comnutted ￿ving
App¢a15 wid dottatsons
lJH,262
123,071
lo,￿0
144.262
133.U71
Other
recs and supplies
910
2.712
910
2,712
Charii&ble acsivilies
Wo8¢s aiid sdlaTies
Staff NIC (Eniployers)
Staff pEn5ioDs ID¢fin¢d contribution) - pension scheme I
Subcontract cost
Siafi. irauiiji
Telephone End fax
Office ¢xpepse5
Trnvel and 5ubsi5tence
Sraff training
R¢nl
Li81ii. hcat and power
ITJsuf8nte
Ttl¢plione and fax
office exp¢ns¢s
CoTnputcr x)ftwwe and rnaintellarttt costs
Protnotional expeDS¢5
Accountancy fee5
OilJer 2ssuraDce services
Coiisuliancy fees
Manag¢nic]Jt fees
L¢gal and profe5siollDI fee8
Hank cliarses
Oihcr inier&%L payable
(39,Ot71
(2,8741
(796)
{31.8601
11.0001
15
{243)
11.868)
1130)
(7501
20
1501)
11.637)
1266)
15,3 12)
1883)
{2,701)
1468)
{2.662}
(22,0181
120,7Q4}
11,3061
(3841
(28.2931
{301
19451
14,500)
11,2501
14251
{2331
{1.7271
13.451)
{13861
114.750)
1378)
11891
1115.342)
{80,58111
'rhis pagtt does not fomi pan ofthe.%taiutory fift&ncial statements.
l)age 14