Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Registered number.. 15470492
Charity number: 1209910
Maritime Children's Foundation
IA company limited by guarantee)
Unaudited
Trustees. report and financial statements
For the period ended 31 July 2025

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Contents
Page
Referenc• and admlnlstrntlve detalls of the Ch¥rlty, Its Trustses and advlsers
Trustees. report
Indop8nd8nt examln8rfs report
Statement of flnanclal actlvltlos
10
Balan¢• shèet
11
Notes to tho fSnancSal statements
12-18

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Reference and administrative details of the Charity. its Trustees and advisers
For the perlod ended 31 July 2025
Trustees
Elaine Robinson lappoinled 7 February 20241
Donna Cusack (appointed 7 February 20241
Lucia Glynn lappoinled 10 August 20241
John Camp OBE18ppoinled 10 August 20241
Nicky Osbome lappoinled 10 August 20241
Company reglstered
number
15470492
CharSty rnglst•r8d
number
1209910
R•glstèr•d offl¢t
Ebbslleel Green Primary School
Ackers Drive
Ebbsfleel
DA10 1AL
Accountants
Kreslon Reeves LLP
Chartered AccL)untants
37 Sl Margaiel's Stre61
Canlerbury
Kent
CT1 2TU
Indopendent Examlnèr Samanlha Rouse FCCA DChA
Kreslon Reeves
Chartered Accouniants
37 St Margarels Slreel
Canterbury
Kent
CT1 2TU
Page 1

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Trustees. report
For thè pèrlod ènd•d 31 July 2025
The Charity was incorporated on 7 February 2024. and the Trustees present their annual report together with
the financial statements of the Charity for the period 7 February 2024 10 31 July 2025.
The Annual report serves the wrKk)ses of both 8 Trustees, re￿rt and 8 ¢Jireclors' report under company law.
Th8 Trust8es confirm that the Annual rèport and financial statèmènts of the charitable company comply with
the current siatutory requirements, the requiremenis ol the chariiable company's goveming document and the
provisions of the Statement of Recommended Practice ISORPI applicable to charities preparing their accounts
in accordance with the Financial Rewrtir)g Standard applicable in the UK and Republic ot Ireland IFRS1021
(effective 1 January 20191.
Since the Charity qualifies as small under section 382 of the Companies Act 2006. the Strategic report required
of medium and large companies under the Companies Act 2￿6 (Strategic Report and Directors, Reporti
Regulations 2013 has been omitte(J.
ObjectSvg$ and a¢tivitl$s
a. Pollcles and obJo¢tlv•s
Maritime Children's Foundation IMCFI provides vital addili¢)nal Suwrt that disadvantaged children and
families need lo thrive. Estsblished as the charitsble ami ol Maritime Academy Trust, which runs primary
sch(K)Is across Greenwich, Bexley. Kenl, and Me(Iway. MCF was sel vp lo support every child lo thrive. While
core education is govemment funded. the broader needs of our most vulnerable children and families, needs
that must bg addressed to allow gvery child lo realise thgir potgntial. oftgn remain unmgt.
We are well positioned lo meet this challenge. Through our understanding of our children and families and the
trusted relationships we've built, we offer tailored support.
Our mission is to design and deliver innovative, eV￿enc8-ba$ed programmes that empower children and
families experiencing disadvantsge to achieve their full potenknal.
Our support begins in the earty years, with support for parents of babie5 and toddler5 provided through our
Strong Foundation programme. This ensures our youngest chIld￿n meet their vital development goals.
Our support goes on into the primary years, wth each scho(A having a dedicated Community Ambassador. This
member ol siaff is commitled to bringing our parents together lo c￿ate peer support groups, bringing in
external expertise in response to parent needs and as well as connecknng our schools to the wider community.
On a Saturday, our Maritime Skills Academies offer all OUT children, regardless of income, access lo three
hours of extra-curricular a¢livilies Irom drama, oxling, lo mulb"_sports - all for free. Confidence and skill
building, as well as having fun, should b8 for ev8ry child.
Finally, we are launching our Transitson Programme which supports our vulnerable children with their transition
lo secondary school. This is a tricky lime for some children, and we recognise that with a bil of extra help in the
run-up lo transition and in the couple of year5 after. we can 5UPPOrt an effective transition into a successful
secondary school Ilfe.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance
published by the Charity Commission relating lo public benefit, including the guidance'Public benefit.. running a
charity IP821'
Page 2

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Trustees. report Icontinuedl
For the perlod ended 31 July 2025
Objectivas and activities Icontinu8dl
b. Strategies for achieving objectives
Our Theory of Impacl statement states that "If we provide hwh-quality support lo our children and families, then
they will be able lo become more effective parents and learners. and more children will get an excellent start in
lif8"
We wll achieve this through our delivery prcrfJrammes. vthith are focused on supwtyng our parents and
children to be the besl they Gan be, through help from the siart of a child's life to when they transition to
sewndary school.
We aim lo do this through long-lerm and high trust relationships. This applies lo thè children and parents we
work with every day. 11 also applies lo our strategic partr*rs - such as the NHS, I￿al authority colleagues and
other ch8ri1ies with whom we seek to deliver high-quality services.
Finally, we will strive to work systematically wherever possible. seekir¥J opportunities lo transform the
mmunitses we serve al all levels.
Page 3

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Trustees. report Icontinuedl
For the perlod ended 31 July 2025
Objectivas and activities Icontinuadl
c. Activitie5 undertaken to achieve objectives
The Foundab'on has three strategic priorities..
To fundralse.. so that we can bring the additional resourcés that are neoded to run thè programmes wè
know our families and communities need.
We have started fundraising and have been successftjl wih several grants. corporate donations and the
Maritime Maralhon. Our greatest fundraising success this year was being approved to join the Reach
Accelerator programme, which provides MCF with £100.000 each year for three years, plus ongoing
C4)a¢hing and mentoring supwt.
To create partn•rshlps'. so Ihal we can ioinlly deliver excellent services for our communilies, as well as
create syslem change.
lo
We have created delivery level partnerships in many areas. For example, we have an excellent
partnership with Family Action in Medway. who are delivering Strong Foundations prograrnme5 to our
parents of babies and toddlers 81 Bligh Primary School. Other delivery partntrrships include Mind, Home
Start, Medway Adull Education, and Head in the Game Imental health support for dads).
At a system level, we set up and run ihe Strood West Convening Group, are part of the Active Medway
Sports England programme, are part of the Kent and Medway Boys Impact Hub, and are a member of
the
Medway Mamol Place Board.
To deliver programme$'. in response to the need that we see every day. stsrting with parents and their
babies, going all the way lo effectsve transitions to secondary school.
Strong Foundations began this year al Bligh Primary School. Our Community Engagement work
expanded through the appointment of two Community Ambassadors al Brooklands and Hook Lane Primary
Schools. And the Maritime Skills Academy expanded into Medway with the opening of oui Feathery Hub.
We are measuring and tracking our impact across our programmes. We capture attendance and
feedback from our programmes- from attendanee al our Skills Academies, lo feedback from our parents
from the sessions. We also Capture testimonials from families on the wider impact of our work. We also
track the progrgss data of our children, Iracking the key mileslones Ihat they are achieving- from boing
nursery ready all the way through lo Iheir final les(s on leaving primary school.
Page 4

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Trustees. report Icontinuedl
For the perlod ended 31 July 2025
Objectivas and activities Icontinu8dl
d. Main activities undertaken to further the Charitys purposes for the public benefit
Through our Strong Foundations programme we have..
Improved aeLeSS and availability of O-3 seryices in the Bligh area with our Understsnding Your Baby,
Toy
Library, and Time to Play sessions, $0 th81 children can meet their development milestones
IntrodLJced Mindful Mums at Hook Lane Primary School. offering new mums a safe Spa￿ to Come along
and share the highs and lows of new motherhood.
Created a new network of eight childminders who are now working wrth Bligh to ensure that their children
are ready for nursery and reception. wlh support f(K SEND needs being identified earfy
Worked with Medway Local Authority lo review how besl lo help parents wilh young children with SEND.
ensure early idenlificalion and supy)rt.
lo
Through our Community Ambassadors and Community Engagemenl work we have..
Run a successful Strood ConvenirwJ Group, which has created strong relationships and partnershlps
across Ihe area
Offered a wide programme of Adult Education, resultsng in many parents going on lo achieve
qualifications
that have allowed them to become employed, including in our schools
Run a wide range of workshops and sessions with exiemal partners to provide our parents with advice
and help with the issues they fae£. as they are bringing up their families.
Achl•v•m•nts and perfornianc•
Maln achlevements ol the Charfty
Partnership working is taking off al pace, with bolh delivery and strategic partnerships emerging across our
Local Authority areas, with progress in the Medway area ba.ng a particular highlight.
Strong Foundations was SU￿e$s￿l al Bligh this year and, as a result, is expanding into all Mgdway schools
from September. The Community Ambassador model has been particulady inspiring and effective, with all
Marilime schools having an Ambassador this year. This model has been picked up by colleagues in other
schools across the country and may be rolled out more widely. The Medway Skills Academy proved lo be
popular, with a healthy balance between pupil premium and non-pupil premium children.
b. Roylew of actlvltl8s
Strong Foundatlons
The Bligh pilot of Strong Foundations started in January 2025. The programme for the community
induded..
Tiny Talkers Ito ensure key oracy skills)
Little Chefs Ihealthy eating in conjunction wth the Local Authority)
Little Adventures Ito ensu￿ physical developmenll
Time to Play (drop in for whole community)
Toy Library (drop in to encourage home playl
Bligh staff were trained in the PEEP programme - wNvw.
be the best they can be. in the home environment.
"I wouldn't usually come to a group of this kind blrt I'm SO glad I did. I really benefited from being able lo
le.
.ukJ. focused on supporting parents lo
share. talk and discuss Mum's issues. I've really enjoyed our bme and I hope to keep in touch with other
Mums. Thank you so muchl" Mindful Mums programme
Page 5

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Trustees. report Icontinuedl
For the perlod ended 31 July 2025
Achievements and perfomiance (continued)
On the back of the Su(l￿ of this pilot. all Medway sc*LK)Is wll have a Strong FOUndat￿nS programme
this year.
Communlty Engag•m8nt
Our model.. We piloted the Community Ambassador model this year. This paid role is focused on
supporting our parents and families lo be the best they can be. This model has proved very successful
and popular in the pilot schools.
Ebbsfl¢et Green.. "Ebbsfleel Dads is an indusive and welcoming mentsl heallh inilialive. We pair
mental
health drills with football, aiming to improve both physical and mental well-being. For me il has been
great to meet dads around the school and build friendships and share ourjoumeys." Ebbsfleel Green Parent.
Hook Lane- This mum burst into lears of joy and relief.. "Thank you so much for this. I didn't realise that
there would be this level ol help available lor me and my daughter. Parent. Energy workshop
Br¢oklands'. "I really enjoyed it because I thought il was really difficult to fix a bike and they just told me
9Vgrythin91 negdgd lo know. I'm more likgly lo ride my bike now." Pupil, Year 5
Marltlme Sklll8 Academy
M•dway Hub.. In September. we opened the Medway Skills Academy al Fealherby, This has wn as a
joinl hub between 8amsole and Featherby sch¢x>ls and has been a popular Academy for both schools,
offering robotics, multi-sports. woking and so on. "It has been especially lovely to see some of the
Barnsole children who we know have trouble slaying in class or managing a task for more than 10
minutes, thrive and slay in one of the sessions for 1.5 hours.- Hub Lead, Fealherby.
Gréenwlch Hub: This was the secon(J year IOT Greenacres Primary School running the Greenwich hub
and il continued to be popular again running mults".sports, robotics and drama.
Flnanclal revlew
a, Golng con¢•rn
After making 8ppropri8le enquiries. the Twslees have a reason8ble expectation that the Charity has adequate
r8sour¢es lo continue in operational existence for the I0￿$ee3ble future. For this reason, they Continue lo
adopt the going wn¢em basis in prgparing the financial statements. Further details regarding Ihe adoption of
the going concern basis can be found in the accounling policies.
b. Reserves policy
The Trustees have considered the level of reserves and aim to maintain reserves equivalent lo one month's
expenditure. Based on the budget for the year ended 31 July 2026. Ih¢s figure is £35.000. As al 31 July 2025,
the total reserves held by the Charity was £68.505.
c. Prlnclpal rfsks and uncertaintles
The risk r8gister is reviewed and assessed by thè Trustees at all Board Meètings, in particular those relating to
the funding of programmes and the effeclive running of Ihe Foundalion, and they are satisfied Ihal the
appropriate actions have been taken to mitigate these risks.
Structure, gov•manc• and manag•m•nt
Page 6

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Trustees. report Icontinuedl
For the perlod ended 31 July 2025
Structural govemance and managemgnt (continu8dl
Constitution
Maritime Children's Foundation is registered as a charitable company limited by guarantee and was set up by a
Trust deed.
b. M•thad$ of appolntm•nt or •1octlon of TrUSt￿S
The rnan8gement of the Charty is the re5ponsibilrty of the Trustees ¥th0 8re elected and co-opted under the
terms of the Trust deed.
Or9anisational structure and decisionwmaking policies
The Trustees mel as a Board five times in the period.
Susan Malheson is the Chief Executive Officer (CEO).
The Trust88s h8V8 d8legale(I the day-ltrday management of Ihe Maritime Chlldren's Foundallon lo Susan
Malheson.
The CEO attends the Board meetings. All Trustees give of their time freely and Trustee rémuneration was
paid during the year.
d, Pollcles adopted for the Inductlon and tralnlng of Tru$te•$
New Trustees meet the CEO and Ihe Chair of the Foundation lo discuss their role and responsibilities.
Trustee training is ongoing and 8 standing agen¢J8 ilem at all Board meetsngs. The Chief Executive ensures
Trustees are kept up lo dale with any relevanl changes to legislabon.
•. Pay policy for k•y managemènt p•rsonMI
The Trustees consider the CEO to represent the Executive leadership of Maritime Children's Foundation.
The CEO is currently on secondment from Maritime Academy Trust. so pay is determined under the Maritime
Academy Trust pay policy.
Page 7

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Trustees. report Icontinuedl
For the perlod ended 31 July 2025
Plans for futura periods
The Foundation has made considerable progress in its first year of operation. Fundraising has be9un 8nd in
securing the Reaching grant of £100.000 each year for three years, a strong start has been made.
OUT plans for 202516 are..
Central team developrnent.. To recruit a Head of Programme and Impact lo ensure that as we grow, we
are carefully building our programmes and measuring our impact. We are also ¢ontinuin9 to build our
fundraising capacity, with support from exlemal partners.
Strong Foundations.. There will be a Slrong Foundations programme in each Medway school. Our
London Maritime schools will run eady years programmes through their Comrnunity Ambassador teams,
where possiblè. Danecourt will also run support and SEND eady idenlificalion in our mainstream sattings.
Communlty Engagement." There will be a Communily Ambassador in every Marib'me school this year.
Transltlon Programm•'. Each Medway school will have a dedicated stsff member to run our Transition
Programme. They will identify local Secondary Schools to partner wth and build relationships and
programmes with.
Marltlme Skllls Ac*d•my.' Fealherby will continue lo be thè Medway Hub, and Hook Lane is our new
London Hub.
8tal•mont of Trustees. r•spon8ibllltle$
The Trustees (who are also the directors of the Chartty for the purposes of company lawl are responsible for
preparing Ihe Tru$tees' report and the financial stalements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees lo prepare financial slatements lor each financial ￿riod. Under company
law, the Trustees musl not approve the financial statements unless Ihey are satisfied that they give a true and
fair view of the state of affairs of the Charity and of its incoming resources and application of resources,
including ils income and expenditure. lor that period. In preparing these financial statements, the Trustees are
required lo..
select suitable accounting policies and then apply them eonsistently..
observe the melho(Js and principles ol ihe Charities SORP IFRS 1021..
make judgments and accounting eslimales that are reasonable and prudent..
state wh8th8r applicable UK Accounting Standards IFRS 1021 havg bgen followed, subj9Ct lo any
material departures disclosed and explained in Ihe financial statemenis;
prepare the financial slalements on the going concem basis unless il is inappropriate lo presume that the
Charity will continue in business.
The Trustees are responsible for keeping ad￿vate accounting rg¢ords that are sufficient lo show and explain
the Charity's transactions and disdose with reasonable accuracy at any time Ihe financial position of the Charity
and enable Ihem to ensure that the financial stalements comply wth the Companies Act 2006. They are also
responsible for safeguarding the assets of the Charity and hence for iaking reasonable steps for the prevention
and detection of fraud and other irregularrties.
Approved by order of the members of the L*)ar(l of Trustees and signed on their behaw by..
Lu¢ia Glynn
Trustee
Date.. 301912025
Page 8

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Independent examiner's report
For the period ended 31 July 2025
Independent examinerfs report to the Trustees of Maritime Children's Foundation Ilhe Charity'l
I report lo the charity Trustees on my e¥8min8tion of the acc￿nts of the Charity for the period ended 31 July
2025.
Responsibilities and basis of report
As thè Trustees of the Charity land its directors for the purrx)ses of Company lawl you are restK)nsible for the
preparation of the accounts in accordance wlh the requirements of the Companies Act 2D061'the 2006 Act'l.
Having satisfied myself that the accounts of the Charty are not required lo be audited under Part 16 01 th8
2006 Act and are eligible lor independenl examination. I rep)rt in res￿¢( ol my examination of the Charity's
accounts carried out under sectson 145 01 the Charities Act 2011 1.the 2011 Act'l. In Carrying out my
9xaminalion I havè followed Ihe Directions given by Ihe Charity Commission under s8Ction 14515llbl ol th8
2011 Ad.
Ind•pond•nt èxamlnofs $tat•m•nt
I have completed my examination. I confimi thal no matters have come lo my 8ttention in connection with the
gxamination giving me cause to believe..
accounting records were not kept in respect of the Charity as required by section 386 of thè 2006 Act,. or
the accounts do not accord with those records., or
thg accounts do nol comply wth the accounting requirements of section 396 of th8 2006 Act other than
any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of
an independent examination,. or
the accounts have not been prepared in 8ccordance Mlh Ihe methods and principles of the Stslemenl of
Recommendetj Practice for accounling and repoty'ng by charth'es lapplicable lo charilies preparing their
accounts in accordance wilh Ihe Finanual Rew)rting Standard applicable in the UK and Republi¢ of
Ireland IFRS 10211.
I have no concerns and have come across no other matters in connecb.on with the examinallon lo whlch
allenlion should be drawn in Ihis report in order lo enable a proper understsnding ol the accounts lo be
reached.
This report is made solely lo the Charitys Trustees, as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My 4wrk has been undertaken so that I might stale lo the Charity's
Trustees those matters l am required lo stste lo them in an Independent examinerfs report and for no other
purpose. To the fullest oxtgnt pgrmitted by law. I do not accopt or assume responsibilty to anyone other than
the Charity and the Charity's Truslees as a t)ody, for my work or lor this reFJOrt.
S￿ned..
Samantha Rouse
Dated.. 30 September 2025
FCCA DChA
Kreston Reeves LLP
Chartered A¢¢ountants
37 Sl Margaret's Street
Canltrrbury
Kent
CT1 2TU
Page 9

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Statement of financial activities {incorporating income and expenditure account}
For the period ended 31 July 2025
Unrestricted
Total
funds
funds
P•rlod ended Perlod ended
31 July
31 July
2025
2025
Note
Income from-
Donations 8nd legaues
Charitable activities
Other trading activities
Investments
12.917
217.000
4.118
12,917
217,000
4,118
Total Incomè
234,037
234,037
Expendlture on:
Charitsble activities
165.532
165,532
Total exp•ndlture
165.532
165,532
N•t movam•nt Sn funds
68.505
68,505
Re¢onclllatlon of fund•:
Nel movement in funds
68.505
68,505
Total fund8 carrled forrtard
68.505
68,505
The Statement ol financial adivities indudes all gains and losses le￿nISed in Ihe pgriod.
The notes on pages 12 to 18 lorm part of thvde financial statements.
Page 10

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Registered number.. 15470492
Balance Sheet
As at 31 July 2025
2025
Current assets
Debtors
Cash al bank and in hand
173,690
11,745
185,435
Curront Ilabllltles
Creditors.. amounts falling due within one year
12
1116,9301
Not curront assots
68,505
Total n•t a$s•t$
68,505
Charlty lunds
Unreslricled funds
13
68,505
Total funds
68,505
The Charity was entitled lo exemption from audit under section 477 of the Companies Act 2006.
The members have nol required the company lo obtain an audit for the period in question in accordanc8 with
seclion 476 01 Cornpanies Act 2006.
The TTuslees acknowledge their responsibililies for complyiThJ wth the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in acc¢xdance with the provisions applicable to entities subject lo
the small companies regime.
The financial statements were approved and authorised lor issu8 by tha Trustees and signed on their behalf by..
Lucla Glynn
Trustee
Dale.. 301912025
The notes on pages 12 to 18 fomi part of these financial slatements.
Page11

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Notes to the financial statements
For the period ended 31 July 2025
G¢n¢ral Inft*rmatlon
Maritime Children's Foundation is a charitable company, wth charity number 1209910 and company
number 15470492, and is registered in England and Wales. The Charitys registered office is Ebbsfleel
Green Primary School, Ackers Drive. Ebbsfleel, DA10 1AL.
Accounting policies
2.1 Basls of prèparatlon of financlal stat•m•nts
The financial statements have been prepared in ac￿rdanCe wth the Charities SORP IFRS 1021-
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 IFRS 1021 leffective 1 January 20191. the Financial Reporting Standard
applicable in the UK and Republic of Irelan(J IFRS 1021 and the Companies Act 2006.
Marilime Children's Foundalion meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially recognised at historical cost or transaction value unle$$ otherwise stated in
the relevant accounbng policy.
The financial slalements are presented in UK sterling, which is the Charivs functional currency. and
rounded lo the nearest pound.
2.2 Golng ¢on¢om
The Trustees a￿e$S whether the use of going concem is appropriate i.e. whether there 8re any
material uncertainties related lo evenis or conditions that may cast significant doubl on the ability of
the Charity lo continue as a going concem. The Tfuslees make this 8ssessmenl in resp&cl of a
period of allgasl ong year from the dale of aulhorisation for issue of the financial statements and
have concluded that the Charily has adequale resources to continue in operational gxlstence for the
foreseeable future and there are no material uncertainties about the Charity's ability to Continue as a
going concern. thus they continuè lo adopt thè going concèm basis of accounting in preparing the
financial stalemenls.
2.3 Inc¢m•
All income is recognised once the Charity has entillement to Ihe income. it is probable that the
income will be re￿Ived and the amounl of income receivable can be measured reliably.
Grants a￿ include(l in the Slatemenl of financial a¢livilies on 8 receivable b8sis. The balance of
income re￿IVed for specific purposes bul not expended during the period is shown in the relevant
funds on the Balance sheet. Where income is received in advance ol ents'tlement of receipt, its
recognition is deferred and included in creditors as deferred income. Where enlitlemenl occurs
before income is received, the income is accrued.
2.4 Expenditure
Expenditure is recognised there is a legal or constructs've obligation to transfer economic
benefit to a third party, il is probable that a transfer of economic benefits will be required in
settlement and the amount of the obligation can be measured reliably. Expenditure is classified by
8clivity. The costs of each activity a￿ made up of the totsl of di￿¢1 costs and shared costs,
including support costs involved in undertaking each ath'vity. Direct Costs attributable to a singlo
activity are allocated directly to thal activity. Shared cosis which conlribule to more than one aclivity
and support costs which are not attributable lo a single activity are apportioned be￿een those
acts'vibes on a basis consistent with the use of resources.
Page 12

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Notes to the financial statements
For the period ended 31 July 2025
Accounting policies (continued)
2.4 Exp•ndltur• {¢ontlnu•dl
Expenditure on thariiable activilies is incurred on directly undertaking the activilies which further the
Charity's objectives. as well as any associaled support costs.
All expenditure is indusive of irrecoverable VAT.
2.5 Dobtors
Trade and other debtors are recognised al the setllement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.6 Cash at bank and In hand
Cash at bank and in hand indud8s rash aThJ short-tem) highly liquid inv8Stments with a short
maturity of three months or ￿sS from the date of acquisition or opening of the deposit or similar
account.
2.7 Llabllltl•s and provlslon8
Liabilitigs are r8cognised whèn therg is an obligation at th8 Balance sheet date as a result of a past
evenl. il is probable that a Iransler of economic benefit will be required in selllemenl, and the
amount of the setuement can be eslimaled reliably.
Liabi11118s are recognised al the am¢xJnt that the Charity antiapales 11 ￿11 pay lo settle the debt or
the amount r( has received as advanced payments for Ihe gc4)ds or services il musl provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation.
Where the effect of the lime value of money is material, the provision 15 based on the present value
of those amounts. distx)unted at the pre-tax discount rale that reflects the risks specific lo the
liability. The unwinding of the disoxjnt is recc4Jnised in the Slalement of financlal actlvilles as a
finance cost.
2.8 FSnanclal Instrumonts
The Charity only has financial asse15 and financial liabilities of a kind that qualify as basic financial
inslrumenls. 8asic financial instruments are initially recognised at transaction v81ue and
subsequently measur8d at their sèttlement value with the exception of bank loans which aro
subsequently measured at amorlised cosl using the effeth've inlerest method.
2.9 Pensions
The Charity operates a defined contribulion pension scheme and the pension ¢h8rge represents the
amounts payable by the Charity to the ftjnd in respect of the pèriod.
2.10 Fund accounting
General funds are unrestn.cted funds which are available for use al the discretion of the Trustees in
furtherance of the general objectives of the Charity an(J whid) have not been designated for other
purrx)ses.
Investment income, gains and losses are all¢xated to the appropriate fund.
Page 13

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Notes to the financial statements
For the period ended 31 July 2025
Incom• from donatlons and l•ga¢l¢$
Unrestricted
funds
Period
ended
31 July
2025
Total
funds
Period
¢nd¢d
31 July
2025
Donations
Grants
7.417
5.500
7,417
5,500
12.917
12,917
Income from charltable actlvities
Unr•$trlct•d
funds
Perlod
ended
31 July
2025
Total
fund$
Porlod
nded
31 July
2025
Funding from Maritime Academy Trust for the commissiC￿Ing of
programmes
217,000
217,000
Income from other tradlng actlvltles
Income from fundralslng events
Unr&str5cted
funds
Period
ended
31 July
2025
Total
funds
Period
ended
31 July
2025
Income from Bake Sale
Income from Marathon
208
208
3,910
3,910
4,118
4,118
Page 14

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Notes to the financial statements
For the period ended 31 July 2025
Investment ￿n￿me
Total
funds
Period
¢nd¢d
31 July
2025
Bank interest
Analys1$ of èxpondlturè by actlvltles
Acllvlties
undertaken
dlrectly
Period
end•d
31 July
2025
Support
cost8
Period
¢nd•d
31 July
2025
Total
funds
Perlod
•nd¢d
31 July
2025
Expenditure on charitable aclivities
135,387
30,145
165,532
Analys18 of dlr•ct costs
Total
fund$
P8rlod
ended
31 July
2025
Actlvltlos
Pèrlod
ended
31 July
2025
Consultaney
Consultant fees
90,067
45.320
90,067
45,320
135,387
135,387
Page 15

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Notes to the financial statements
For the period ended 31 July 2025
Analy$ls of exp•ndltur• by adlvltl¢s l¢ontlnuedl
Analysis of support costs
Total
funds
P8rlod
ended
31 July
2025
A¢tlvltl•s
Pèrlod
ended
31 July
2025
Staff Costs
Travel
Sundry expenditure
Independent examinerfs fees
Website costs
Subscriplions
Marketing
Insurancè
23,115
23,115
442
442
2.862
90
489
1.205
98
2,862
90
489
1,205
98
30,145
30,145
Indepond•nt èxamln•r'¥ rèmunèratlon
The independent examinerfs remuneration amoLJnts lo an iThJependenl examiner fee of £1,600 and
8ccounls preparatson fee of £1.262.
Staff costs
Period
ended
31 July
2025
Wages and salaries
Social security costs
Contribution lo defined contribution pension schemes
21,972
702
441
23,115
Page 16

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Notes to the financial statements
For the period ended 31 July 2025
Staff ¢ost$ l¢ontlnu¢dl
The average number of persons employed by the Charity during the perirxj was as follows:
Period
ended
31 July
2025
No.
Average employees
No èmployee received remuneration amounting lo more than £60,000 in either year.
10.
Tru8t•0s' remuneratlon and expenses
During the period, no Trustees received any remuneration or other benefits.
During the period ende(131 July 2025. no Truslee expenses have been incurred.
11. Debtors
2025
Due wlthin one year
Trade deblors
Prepaym8nts and accrued incomo
173,000
690
173,690
12. Credltors: Amounts falllng due wlthln one year
2025
Trade creditors
Other tsxalion and sctial security
Accruals and deferred income
113,813
255
2,862
116,930
Page 17

Dowsign Envalope ID". 80C3oDD9655D4407482￿E91FODA4FSsl
Maritim¢ Childron'$ Foundation
{A company Ilmlted by guarantee)
Notes to the financial statements
For the period ended 31 July 2025
13. Statement of funds
Statement of funds - current period
Balance at
In¢ome Expendlture 31 July 2025
Unrestricted funds
Unreslricled funds
234.037
1165,5321
68,505
14. Analysls of net assets ￿tWeen fvnds
Analysis of nèt assots betweon lunds- current period
Unr•$trl¢ted
funds
2025
Total
fund$
2025
Current assets
Creditors due within one year
185,435
185,435
1116.9301 1116,9301
Total
68,505
68,505
15. Related party transa¢tlons
During the period, the Charity received total income from Marilime Academy Trust of £217.000. Th8
Charity also paid Marilime Academy Trust £243.566 for expenses recharged during the period.
Al 31 July 2025, the Chartty owed £113.813 to Maritime Academy Trust for expenses recharged, and
was owed £173,000 from Maritime Academy Trust for income received wsl year end.
There were no other related paty transactions during the period.
Page 18