Compatly registration ttymber. CE038395
Ch8rÈty rtgistration nwnber.. 1211189
Worthing Mencap Society
IA company limited by share c&pitsll
Annual Rew¢ atid Financiaj Slatements
for the P¢Tiod from 29 Novcmber 2024 to 30 September 2025
Bolden & I￿n8
36a Goring Road
Joring-by-S¢M
Worthing
West Sussex
BN124AD

Worthing MeDcap Society
Contents
Reference and Adminisrrative Details
Trustees, R¢port
2to4
Independent ExamiEhees Report
Statement of Financial Acttviiies
Balan¢e Sheet
7t08
Not¢$ io the FirwiGial Statements
9t021

Worthing Meneap Society
Referenee and Administrative Details
Ch¥irrnAn
Elizabeth Mary Crockett
Ch*Tity RegistrAtion Number
Company Registration Number
038395
R*gl$t¢rtil Offite
Buddys Cafe
121 South Forn) Rood
Worthing
West Suss¢x
BN14 7AX
Independent Ex%mintr
Bolden & Long
36a Goring Rtsod
Goring-by-sea
Worthing
West Su55¢X
BN124AD
Aceount4Dts
Bolden & Long
36a Goring Road
Goriiig-by-sea
Worthing
West Sussex
BN124AD
Page I

Worthing Mencap Society
Trustees, Report
The I￿S(ee5, who a￿ diredor5 for the purposes of company law, present the atsnua] reFrf)rt tO8￿her with the
fI￿anCial statements of the ¢haritsble company for the period ended 30 Sepi¢mber 2025.
Objectives and *¢¢ivitles
Public benefit
Our purpose is to ¢hampion the rights and provide support to peopl¢ wlth disabilitj¢5. pfkTnarily those with a learning
disability or autism and ih¢ir famili¢5. carers and suprM)rters. Th¢ charit), has contiJ)u¢d to develop and provide
$¢rvi¢es to over 1000 people in the Worthin& Adur & Arun distri¢ts.
The trustees confjmi thai they hav¢ complied wirh the reqlltrements of section 17 of th¢ Charitie5 Act 2011 to have
due regard to the public benefit guid￿¢¢ published by the Charity Commission for England and Wa]e5.
Finwnrial review
Worthing Mencap converted from s regi$t¢Ted charity to a Charitsbl¢ Inwrpordted Or8anisation ICIOI in November
?024 and beLam¢ opcrational iii April 2025.
Itt order to improve in£otn¢ 5tTeams and ensure fuwre S￿$￿Tnabl7ity we purch&sed ncw shop premises. lo¢al to
our existin¥ ¢afe charity shop. This was fvnded by use of surplus re$¢rve5 from a legaey, bank loans and & grant.
The second Shop was opet)¢d irt Jun¢ 2025 5￿ppleMentln8 our incom¢. However. ity addition to rising inflation, the
agso¢ia¢ed legal. professional. refttrbishment and sel up costs were all absorbed in this period re5ultin8 in an
operational loss.
We have contÈnued io getheiate our funding thro￿8h Buddy's café. the new And existing charity shops And
fundraising activities. We hav¢ also Tec¢ived funding from lo¢al authorities and grant fifftding organi5aiiot)s.
The eharity i5 dependent on our dedicated staff and volunteers Mtho pas$ion#tely work hard and ore the driving force
behind our success. The Twsttt5 brlieve tliat our fuwre pl￿$ wll ensure that we tontinuc to s¢rve our comtTrunity
in the be$t Way P055ible to empower peopl¢ with learning di5abilitte$. In May 2025 we rtteiv¢d r¢cognition of the
impact of our work with the award for Worthing ¢haTity of the year.
The Trusiees anticipat¢ a fvture period of stability whil¢ adjusling io the challenge of increased drrnand for OUT
s¢Mc¢s. whi15t faced with pressllres of increased costs and restrirtion5 on governmettt funding.
Pollry on pe5erve5
The charity ¢ontinues to enjoy a positiort of financial Stability and s¥ffici¢nt reserves are held so as to ensure the
continuity of serviccs for a period up LO thr¢¢ months in thc eveni of a loss of currenl 50urc¢s of incorne. The trustees
are confident ol'the fvthJr¢ funding of the charity and beli¢ve that the current lev¢1 of r¢s¢r¥es will enabl¢ Worthing
MetKap io tske advantage of any new opptsrtuniti¢5.
Trustees alld offJ¢eT5
The trustees and offi¢eTS serving durin8 the year a[￿ sirtcc Ihe year end We￿ as follows..
Pa8e 2

Wortbing Mencap Society
Trustees, Report
TTUStecs'.
David Allison Smith. Vice Chair
Lisa Donl
Shireen Hannam
Janet Williamso
Ann BotJghton-L¢igh
Cara Croke
Christine Newton
Rona DeNiese
Chairfftan..
Elizab¢th Nlary Crockett
Structure. governAnct gnd mattagement
FiDAnciil instrumtttts
Objtclives ondpolid
The charity's activities expos¢ it IQ h nurnber of financial risk5 in¢luding credit risl cash tlow risk and liquidity risk.
The use of finan¢ial d¢TivatlV¢5 15 governed by th¢ charity's policies 8pproved by the board of mJstee$. which
provide written princip1¢5 on the use of financial derivaiiv¢s to rnanage these risks. Th¢ chartty does not us¢
derivativ¢ financial iTh5truments for speculaiive purpose5.
Cushflow risk
The charity's aciiMtie5 expose it primarilj to the financiAI risk5 of changes in foreign currency exchange rates Ind
inlerest rates. The charity u5e5 foT¢ign exch8n8e fotward tovtra¢ts and interest rate swap contracts to hed8e these
exposures.
Int¢resi bearing asxts and liabiliiies are held at fixed ratc to ensure certainty of cash flow5.
Cie411 ri516
The charity's prin¢ipaJ financial asseL6 are bank bolath¢es Ar￿ cath. trade and other Te¢eivable5. and itkvesttnethts.
The cliarity's credit rtsk Js PTimarily attributable to its trade rec¢¥vables. The amounts presentcd in rh¢ balance sheei
3r¢ net of allowances for doubtful Ter¢ivabl¢s. ATh allowance for Impairnient 15 made where th¢T¢ i5 an ideThtifJed
loss eveni which. based on Previou5 experience. is ¢videnr¢ of a reduction in the r¢¢ov¢rability of the c8sh flow5.
Th¢ ¢T¢dit risk on liquid funds and derivativ¢ financial insm]ments is limited bcc8u5e the eounierparties are bartks
with liigh credit-ratings assigned by international credii•raling ag¢ncies.
The charity no $ignifi¢Artl cotlcentration of ¢redit risk, with exp05ur¢ spread over a large Thwnbey of
¢ou*t¢rparties and customers.
LiquiAlity risk
In order to maittsin liquidity io ensure that suffieient fi￿)d$ available for ongoing opcrdti0Th5 and fumre
developments. the charity uses a mixture of long-t¢rn) and shon4enn debt finance.
Further d¢thils regarding liquidity risk Can b¢ found in the Staiemeni of accounting rM>li¢i¢s in the financial
sratements.
P88¢ 3

Worthing Mencap Soeiety
Trustees, Report
St#t¢ment of trustee5' responsibililie5
Th¢ trustees (who are also the directors of Worthin8 Men¢op Society for the purposes of company law} are
responsibl¢ for PT¢paTing the I￿Ste¢s, ￿port and the flnancial statements in a¢¢ordaDc¢ wth applicable law and
UThiied Kingdom .4ccounting Standards Iuniled kingdorn Generdlly Accepred Accounting Pra¢ti¢e}. including FRS
102 "Th¢ Finan¢ial R¢w*rting StandaTd applicable in the UK and Republic of Ireland". The report and accounts have
been prepared in &ccordance with the provisions in the Comp8ni¢5 Act 2006 rclating io small compathie5.
Company low requires the tru5te¢5 to prepare financi&l statements for e8¢h finan¢¥al period. Und¢r company IBW the
trustees musi t)ot apptove the firtart¢ial stgt¢m¢nis unless they are 5alisfied thai they give a true And foir vi¢w of the
stste of affairs of the charitsble company at)d of the incoming resourccs and application of resources, including its
iD¢otn¢ and expcnditure. of the charitable company for that period. In preparing these financial statements. the
Irustees are Teouired to..
select suitttble a¢¢ounting p)Ii¢ic5 and apply them c0Tr51Stentty:
observe the method$ and prithcipl¢s in the Clthriti¢s SORP:
make judgements and estimates that 8re re&8oThabl¢ w)d pn￿¢￿(.,
state wheth¢r Jpplicablc accounting standards, comprising FRS 102 hav¢ been followd, 5ubjegt to any material
d¢p&rDJres disclosed and explattled it) the fjnaneial stai¢m¢nts-
PT¢par¢ thc financial staiemen15 on the 80in8 concem b&si8 unless li is inappropriate to presume th81 th¢
charitable complny wll ¢oDtiny¢ ID bu5jiie55.
The trustees are responsible for keeping proper accounting r¢wrd5 that can disclose wÉth re&sonable 8¢¢￿TaCY Ot Hny
time the financial position of the charitable company and enable th¢m to ¢nsuT¢ that th¢ financial statements comply
with the Compani¢s Ad 2006. 'fh¢y are also responsible for Safeguarding the of th¢ charitsbl¢ company and
hence for tsking reasonable step$ for the prevention ond d¢lertioTr of fraud and other irregulariue$.
The tru51¢es are responsible for the main*nance and Inte￿Ity of the ¢orp)rat¢ and financial informarion included o
the ¢harit¥blr ¢omp3rLy'S website. Legi51aiion governing the preparation and diss¢tninaiÈon of financial 5taremeThts
may diffcr from l¢gi51aiion in other jurisdiction$.
Sm*ll eompAnles provl$ioD $t8temtnt
This report br¢D prcparrd in accordance wth the 5moll companie5 regim¢ vnderthe Companie5 Act 2006.
The annual report was approved by th¢ tws¢¢¢s of the ch￿lty on 21 May 2026 and 5ign¢d on its behalf by..
. &c(dr.
Elizakth Mary Crock¢
Chaimwi
Lisa Donl¢vy
Trust¢¢
Page 4

Worthing Mencap Society
Ind¢pendent Examkner'8 Report to the trusteo of Wortbing Mene4p Society Cth¢
Company,)
2025.
Rupowlbflltlc4 and b8Jb of
As the ¢harity's trusiees of the CoJJJpw (4Th1 alw its directh for the pwp08¢5 of law) you
Twible forthr prrw1ti￿0fthE accouNs in ac¢fjrdm with thE Tequrnwts of the Compltiies Ad 2(N)6 ('thÈ
2006 A¢t').
Ha%ryD8 Satisfi￿ mys¢lf that the accounts of the Compglly are not rcquir¢d to be 8uditsJ uod¥ Pmt 16 of th¢ 2￿6
Act and are eti8ible for ithp¢n&nt ￿aMInatior4 1 report in r￿￿ett of my exatlliDatson of yow tbority'$ accounts
¢arri¢d out under sectiotl 145 of the Chariti¢S A¢[ 201 I {'the 2011 A￿.). Ill my exJtninth I bav¢
followrd th¢ Dire￿10￿5 givcE by the Charity Commi￿lOn Wmkr se&*ion 145(5Xb) of th¢ 2011 A41.
IndependeDt ezAmlner'4 it•t¢meAi
21MJ6 Ac(. or
3. th¢ 8t¢0￿￿5 do ttot cottlply with the ￿CoU￿ting requÉrern¢nts of sea*)n 396 of thE 21N)6 Ad LthET than any
(FRS 102)].
ould b¢ drawn Tn this rwrt in order to ujable aprww￿erStattdltig of the to b¢r¢*th￿.
368 GoritigRo
GoriDg.by.Sea
Wo]thin8
West Susxx
BN12 4AD
22 MAY W26

Worthing Mencap Society
Statement of Financial Activities for the Period from 29 November 2024 to 30 September
2025
(Including Income and Expenditure Account and Statement of Total Recogni5ed Gains 4nd
L(￿se$)
Ilnre5tricted
fund5
Total
2025
Note
Income ind Endowmtnts froth:
Donations and legaties
Other trading a¢tiviti¢s
Investtnent income
119.191
74.802
6.196
74.802
6,196
Total income
220,189
220.189
Lxpcnditure on:
Raising fund5
Charitabl¢ adivitLCS
137,7431
1230,6811
137.7431
1230.6811
Total expenditure
Net expenditure
Transfers b¢tw¢¢n fund5
1768.4241
(268.4241
148.2351
344.108
148.2351
344.108
Net movement in funds
295,873
295,873
Reeotttili*¢iots of ftynd5
Totsl furtd5 carried forvdrd
20
295.873
295.873
All of the ¢h4rity'$ 8¢tiYiiies derive from continuing operations during the above PEriOd.
The ttotes on pages 9 ￿ 21 form an sntegral part of these finan¢ial 51atemethts.
Pa8¢ 6

Worthing Menc*p Society
{Registr8tion number: CF.038395)
Balance Sheet as Mt 30 September 2025
2025
Note
Fixed a55ets
Tangible L$s￿s
13
362,165
Current Issets
Debtors
Cash 8¢ bank and ith hand
14
15
685
99.453
l(M>,138
Creditors.. Athotsttts f*lllng due within one yeAr
16
130,5721
Ntt turrent *￿t5
69,566
Totsl a55ets less Current lilbilities
431.731
Creditor5: Amounts falling due xfter more than one year
Ntt •5Stt$
17
1135.858
295.873
Fund$ of tb¢ ¢h*rlty-
Unrestricled income funds
Unrestri¢t¢d fund5
295.873
Total fllnds
20
295,873
For the fina#¢ial period ¢ndin¥ .10 S¢ptetnbcr 2025 the charity w&$ eThtided to ex¢mNion from audit wider section
477 of th¢ Companies Act 2006 relating to small ¢omp&thies.
DiJ%ciors' r¢sw)n$ibilili¢s'.
The members haw¢ not r¢quir¢d the charity to obtain an audii of its 4c¢oun¢S for thc period in que51ion
aecord8n¢e wilh s¢¢tion 476; and
The directors acknow'ledge their r¢sponsibilities for romplykng with the requirements of th¢ A¢t respect to
a¢¢ouniing r￿ordS and the preparation of accounts.
The5c financÈal statements have been prepared in accord8n¢¢ with th¢ 5pccial provisions relaiing ￿ companics
subjert to th¢ smH]I companies regime within Part IS of the Companie$ Ad 2(rf)6.
The note5 on pages 9 to 21 fonn an inie8ral part of these financial ststements.
Pag¢ 7

Worthihg Mencap Society
(Registration number: CE038395)
Balance Sheet as at 30 September 2025
The financi￿ stai¢rn¢nts on pages 6 kn 21 were approved by the trusi¢¢s, and authori5ed for issue on 21 May 2026
and $i￿ed on their behalf by-
Elixabeth Mary Crock¢tt
Chaimiart
Lisa D
Trust¢¢
The t)ot¢s pAges 9 to 21 forn an integral part of thes¢ fjnancial statements.
Page 8

Worthing Mencap Society
Notes to the Financial Statements for the Period from 29 November 2024 to 30 September
2025
I Charity ststus
The charity 15 limited by share capital. incorporated in.
Thc addrcss of its r¢gi5tered offirc i5..
Buddys Cafe
121 South Famj Koad
Worthitsg
West Sussex
BN147AX
These financial statements were authorised for issue by the wst¢e$ on 21 May 2026.
2 Accounting policies
Summar) of 5ignificint accounting poli¢ie5 and key accounting estimgtes
The principal accounting policies applied in the preparation of these financial statements sre srf out below. These
policies have been consisienily applied 10 all the years preseni¢d. un1¢55 otherwise stated.
Stitemtnt of tomplignce
The fjnancial ststements have b¢¢n prepared in a¢¢ordan¢¢ with A¢wuntinB and Reportin8 by Ch8rities.- Sthiem¢Tht
of Rccommended Prdctice (applicable to charities preparin8 their actounts in A¢¢OTdanr¢ wth the Financial
R¢porting StothdaTd appli¢able th¢ UK and Rcpublic of Ireland IFRS 10211 Iis5ued in (ktob¢r 20191- Icharities
SORP IFRS 10211. the Fin8n¢iai Reportit)g Ststhdard applicable in the UK and Republic of Ireland IFRS 1021 Jnd
th¢ CompJni¢5 Ari 2006.
B*sis tsf prep*rAtio
Wonhing Mencap Societj. meets the definition of a public knefit entity under FRS 102. Assets and liabilitits ar¢
initially recogTrised at historical cost OT transaction v81ue unless otherwis¢ stri¢d in th¢ rclevant accouniing policy
les.
Goitsg eonrtrn
The tTU51er5 COll5id¢r thai iherc are no material uncertainties about the chariry's ability ¢0 ¢ontinu¢ going
concern nor any $i8nificani ar¢&8 of vn¢ertainty that affe¢1 th¢ ¢aTrying value of 355ets held by the Ch￿lty.
Income 8nd endowments
All income is recognised once the charity has entitlement to th¢ incornc. it is probable th&¢ the Étscom¢ wll be
r¢ceiwed ¥nd the a¥nount of the income receivable can be me&suTed reliably.
Pa8e 9

Wortbing Meneap Society
Notes to the Financial Statements for the Period from 29 November 2024 to 30 September
2025
Donrlliotts 41ndleg&riÉ
Donatjons are reco¥rtised *then the ¢hority has bccn notified in writing of both the amount and settlem¢nt datc. In
the event that a donation is subject to conditions that requjre 8 level of ￿rforManCe by the charity before the ch8rity
is eniitld io thc funds, the income is deferred and not recognised until either ihos¢ conditions ar¢ fully met. or the
Ifilmeni of thos¢ ¢onditions is wholly within the conirol of the charÉry and it is probabl¢ thai these ¢ondition5 will
be fvifjlled in the r¢kx)rting ￿riod.
Gr*nts reeelvqble
Grants are T¢cogniscd when the charity h85 an enriilemeni to the fund$ 8nd any conditions linked io the 8fdnts have
been mei. Where perfomianLe Londiiiuns ar¢ attaLhd io the grani and are yer ￿ be mei. th¢ ini¢)m¢ is recogThi5ed as
a liability and iTheluded on the ba18n¢e shed as deferred IT￿me to be rcleased.
Delerredlncome
Deferred income represents amounts received for future periods and is r¢lca5ed ro ine4)min8 resource$ in the period
for which. it has been rcceived. Such income ts only deferr¢d when..
The donor specifte$ thai the grnni or donation must only be used in fuDJre accounting periods,. or
The donor h&s imposed conditions which must be met b¢foT¢ thc charity ha5 unconditional enLltlem¢ni.
Donaled5ervices undlariliiie
Wh¢rt 5ervice5 or facilities are provsded to the charity gs a donaiion that would norn)aily be pur¢has¢d from our
supplt¢rs. Ihis b¢D¢fit l5 includ¢d in the financial statements ai it's fair valu¢ unles$ it's fair value cannot be reliably
me&siired. then at the cost to the donor or the Tesal¢ valuE of good5 thai are to be sold.
I￿V￿l￿ent income
DivideThds are reco8nised once the dividend h&8 been de¢lar¢d and notificatiotk h&% been received of the dividend
due.
Expenditure
All expenditure is r¢¢ognised onG¢ th¢r¢ is a legal or constructiv¢ oblig81ion io that expcnditure. it is pmbable
settlemeTht 15 required and the amount c8n be m¢25ured r¢liably. All costs are allocated to the opplicable exp¢nditure
headin￿ Ihdt aggregate Similar costs to thar category. Wher¢ ¢o5ts cannot be direcrly attributed io particul￿ headings
they hav¢ b¢¢n allorated on a basis con51Stent with the use of rey>urc¢s, with ccntral staff costs allocated the
basis of time spent. and d¢preciaiio¢h ¢har8es all￿a￿d OTh the portion of the a￿t'S us¢. Other support costs are
allocated based on the spread of staff costs.
RtTi$ifv¥f4nds
The5¢ ar¢ costs tnrurred Én attractin8 voluntRry iDcom¢, the management of investments •t)d those incurred tn
trading a¢i¢vities that raise funds.
Charilqble ¢Tclivilie5
Ch3ritabl¢ cxpenditurc cornpris¢5 those costs incurred by the ¢harity' in the dclivery of its activiii¢$ ar)d servi¢es for
tts benefici8rie5. It includes both rosts thot can be allocated direcd). to such 8¢tiVlties and those costs of an indir¢a
rhature necessary to supp)rt them.
Page 10

Worthing Mencap Society
Notes to the Fingneial Statements for the Period from 29 November 2024 to 30 September
2025
Covero*o¢e eosts
These in¢lude the costs attributable io th¢ ¢harity's compliance with constitutioThal and statutory requirements.
including audii strategic management and truste¢$ meetings and reimbursed expenses.
GovernmeDt #rxrtts
Govemmeni ￿[￿1$ ar¢ recognised based on the atrrual Tnod¢l and are measured at the fair value of the asset
rcceived or receivable. Grnnts arc cla55ified &s relating either 10 revenue or io &ssets. Grants relating to r¢venue are
recognis￿ in income over ihe period in which th¢ related costs ar¢ recognised. Grants relating 10 a$5¢ts Bre
recognised over the exp¢ci¢d useful life of the asset. Wh¢r¢ part of a grani relatittg to an asset 15 deferred, 1¢ is
recognised as deferred income.
Taxgtio
The charity is ¢oNsidered io pa55 the tests sel oui in PATagraph I Schedule 6 of th¢ Finance Act 2010 and therefore il
meets the definition of o ¢haTithbl¢ company for LK corporntion tax purposes. Accordingly, the charity is potentially
ex¢¥npt from taxation in respeci of incoTne OT Capital gains received within calegories covered by Ch8pl¢r .1 Part I
of the Corw>raiion Tax Ac¢ 2010 or Seetion 256 of the Taxation of Char8eabl¢ Gains Act 1992. to the ¢xtent that
such income or 8ains are applied ¢xclu5ivcly to charitable purposes.
T4nKible fixed assets
Individual fixed assets costing £O.DO or morc arc initialty recorded at C05L Icss aTry sub$¢qu¢nt thccumutated
dep￿tiatIOn and 5ubsCq￿nt accumulated impairment 1055eS.
DeprE¢iition and 8ThortL4*tion
DepreLiaiitsn 15 pnividcd nn thngible fixed &ssets so ￿ to writc off the cost or valuation, Ic55 any estimated residu81
va]u¢. ovcrthcir expected I￿tfi1] ¢¢onomic lif¢ a5 follows:
Tr*de debtors
Trade debtors are amounts due frnm customers for MerCh￿ndI5e 501d or servites perforned Én the ordinary wurse of
busines5.
TTad¢ debiors are reeogt%is¢d initially at the transaction pri¢¢. Thcy are subsequetstly measured al amortIs￿ ¢ost
using the effective interest method. 1¢5$ pfovLSiOn for impairn)ent. A provision for the impaiTm¢nt of trade debtot3 is
establishd when there is objeciiv¢ evidrnre that the charity will b¢ able lo collect all amounts due accordin8 to
the ori8inal i¢Tm$ of ihe receivableB.
Cash xnd cash equlv*lents
C&sh and cash t9￿iv3￿Cnts comprise cash on hand and rall d¢￿sIts. and other short-term hi8hly IiqLtid iNve5tments
that arc Teadily convertible to a knowth aT￿uTrt of c&sh and are subject to an insignificani risk of change in value.
Pagell

Worthing MeDcap Society
Notes tfj the Finanei*l Statements for the Period from 29 November 2024 to 30 September
2025
Btsrrowing5
InoT¢SI-bearing bom?wings are initially recorded at fair value. nei of transadion o$ts. Int¢Tesl-beaTSng borTowings
are subsequently carried at amortised CQSL with the differcnce b￿cen the proceeds, n¢1 oftransi¢tiQn Costs. and the
amount duc on redemption being reco8nised &8 a ch8r8e lo th¢ Siatem¢nt Of Financial ActLVltie5 over the period of
the relevani borrowing.
Interest expense is r¢¢o8nis¢d on the basis of thc cffcctive interest method and is in¢lud¢d irb ￿terest payable and
similar charges.
Bom)wTrg$ #te ¢la$5ifi¢d 45 CUTrent liabiltlie5 unlc55 the chariry h&$ an uneondiiional right to def¢T settlcmcnt of the
liability for at le8St Thv¢lv¢ months aller thc reporting date.
Foreign exchgllge
Transactions In fOTel￿ Currencics Are r¢ctsrded at the rate of exchange at the date of th¢ trnThs#¢tion. Monetary assets
and liabilities denominated in foreign currenci¢s at the ba]onE¢ shect date are rewrted at the rates of ¢x¢hange
prevailing ai thot dale.
The results of oversea5 operarions are translated at the av¢r8ge rntes of exeharkge during the period and their balance
sh¢¢ts al the rates ruling al th¢ balance sheet date. Exchange diff¢Tenc¢s arisiThg on tratkslation of the op¢ning net
a55eis and resylts of ov¢rs¢)s opern¢ion5 are reported in other comprehertsiv¢ it)¢ome and o¢cumulBted in equity
(attributed io rK>N-conm)Ilin8 Interests as approptiatel.
oiher exchange diff¢renG¢s ar¢ Trcogni5¢d in the Staiemen¢ of Financial Activities in the period in which they arise
except for..
I l exchange differences on transaction5 entered In￿ to hedge ¢enwn for¢ign currency risks Isee above):
2} cxchaThge difference5 ariskn8 on 8ains or losses on non-monetary item5 Mthich are rewgnised rn other
eomprehensive irt¢ome,' and
31 in the case of the consolidated fin8llCi81 siatements. exchange differences on monet8ry items receivable from or
payabl¢ to a foreign operation for which settlement is neither plann¢d nor Itkely to occur Itherefor¢ fomiing part of
the nel investsneni in the for¢ign OP¢Tationl. wtsich are reco8nised in other ¢ompr¢hcnsive income and reported
undcr ¢qutty.
Fund structure
un￿StriCted income funds are Reneral thft¢ ar¢ avoilable for use &t the trustees dis¢Yetion in furtherance of the
obj¢¢tiv¢5 Of th¢ charity.
Page 12

Worthing Meneap Society
Notes to the Fin¥n¢ial Statements for the Period from 29 November 2024 to 30 September
2025
Pension5 and other post retir¢m¢nt obliyiion$
The charity operates a defined ¢on¢ribulitsn pension s¢heJne which 15 a pension plan under which fixed ¢ontributions
are paid into a pension fund and ihe ¢h8rity has no legol or ron51ructive obligation to pay further tot￿lbul10ns even
if the fund does not IM)Id sufficient assets to pay all ¢mploye¢s the b¢n¢fits relating to employee $ervice in the
¢urrcnt and prior periods.
Contributions w defitted ¢ontribulion plans aT¢ recogniscd in the Statement of Financial A¢tivi¢i¢s wh¢n they are
dut. If contribution payments exceed the contribution due for $¢rvi¢¢, thc exc¢5s is recognised a prepayment.
Financial in5trumeDts
Classificallo
Financia] &ssets and financi21 liabilities we r¢¢ogt)ised when the charity becomes a party io the ¢ontrncftt
provisions of the insinimeni.
Financial liabilitlC5 and equity insirumenls are classified according to the 5yb5taThr¢ of the contractual anngements
entered into. An equity instrum¢nt 1$ any ¢ontracl thal evidences a residual interest in th¢ a$s¢ts of th¢ charity after
deducting all of its liabilitie5.
Recognili04Y me￿￿￿￿￿￿￿*
All financial assets and liabilities are inkli&lly Me￿ured at IrtOS8¢tion price lincluding transaction costs), excepi for
those financial a$s¢ts cl)ssifird Js It fair valv¢ through Profit or loss, which are iniiially M¢￿u￿d at fair value
(which is noThally the Iransaciion price excluding transaction tostsl, unle55 Ihe arrdngemeni consiituies a financing
transaeliort. If an JrTangcm¢nt ronstitutcs a financing trdn5aciÉon. the ftt)ancial ass¢t OT finAncial liability is me&8ured
at the present VAlue of the firture payments dis¢ounted al & market rate of interest foi & similar debt instrurnent.
Financial 8ssets and liabiliti¢$ are only off5el in the ststement of financial position whett. only when there e￿SL8
a l¢gally enforceable right 10 set off the r¢cogrtised amounts and the charity intends either ￿ s¢ttle on a net basi5, or
to r¢alise the a55ei and sertle the liabtlity 5imulianeously.
Financial assets are derecognised when only when al th¢ conlTacDJal Tights 10 the e•sh flows froTn thc financial
assei expire or ar¢ 5¢tt1¢d. bl the ch&rity transfers to another party sub%tsntially all of the risks and rewards of
ownership of the firt80¢101 ass¢t, or rl thc charity. d¢5Pite having reLltt)¢d some. but not all. signiflcant risks and
rewards of ownership, h&5 Iransferred control of the ass¢1 ID another party.
Financial liabililtes are dereco8nised only *lJen th¢ obliytion specif￿d in the contract t$ dis¢hJrgd. cancelled or
expires.
Pag¢ 13

Worthing Mencap Soeiety
Note5 to the Financial Statements for the Period from 29 November 2024 to 30 September
2025
De￿ iLiiruments
Debt instruments which meet the followtn8 cottdifions ar¢ subsequently rnea5ured at anuTrrtis¢d ¢ost using the
efY¢¢iiv¢ in¢¢rest Thethod..
lal The contractual return to the holder is lil a fixed amount,. lill a positive fixcd rate or a p05jtive variable rai¢; or
liiil a ¢ombioation of a p051tiv¢ or a negative fixed Me and a positive vari2bl¢ rate.
Ibl The Contract may provide for repa￿nentS of the prirJcip&l or th¢ return 10 the holder Ibui not both) to be linked to
a single relevant observabl¢ index of 8eneral price infl81ion of the Cunency in which the debt instrumeni is
denominaied. pwvidcd 5urh links are not leveraged.
(¢1 Th¢ contract may provide for a detemiinable variaiion of the retLm to the holder during the life of the Lnstryment,
provid¢d that lil the new rale satisfies condirioTh lal and the variation ¢s ¢onting¢nt on f￿vre events other than {] I
chan¥e of a Contract￿al variabl¢ rate., 121 to protect the holder againsi credii deiLYiorJliun of th¢ is5uer', 13) changes
in levies applled by a central bank or arising from ¢hang¢s in ￿levant t￿atIOn or law,. or lil) lh¢ rat¢ 15 a market
roie of int¢r¢5t and sBti5fie5 conditioTh {al.
Idl Th¢rr 15 TK) contractual provision that Lould. by its terms. result in hold¢r losing the principal amount or ony
interest attributobl¢ t(* the ¢urr¢nt period or prior periods.
1¢) Contra¢iual provision5 tha¢ pernit the i55uer to prepay a de61 in$inJm¢nt OT permit the holder to put it back io th¢
issuer before maiuriry are not Contingent on future even15, other than to proie¢t the holder agaI￿t the credit
detcrioration of the issuer or a ehan8e io ¢ontrol of th¢ issuer. or to protect the holder or issuer against changc5 in
l¢vie$ appli¢d by 4 Central bank or arising from changes in relevant ¢axation or law.
ID Contracbjal provisions may pemiit the extension of thc term of the debt instrument, provided that the reTUrn to
the hold¢T ond any oih¢r contractual provisions applicable during the extended terni satisfy the wnditions of
paragraphs lal to Icl.
Debt instruments that are classifLed AS payable or Ttr¢ivabl¢ within oThe year on Initial reoognilion and which meet
Ihe abov¢ ronditjOll5 aT¢ n1¢¥5ur¢d ai the undiscounled amouni orth¢ cash orothcr conside￿10n expe£i¢d to ￿ paid
or received. of impairmeni.
With the ¢xcepiion of som¢ hedging in5tNm¢nts, other debt instnJm¢nts ttot meeting these conditions S￿ M¢￿ured
al fair value throLt8h p￿rit or ioss.
Commitm¢nts to make and rtteive loan5 which mttt the toDdiiions meniioned above are measu￿d ai (which
ay be nil) less impainn¢nt.
INve¥lmeNts
Inv¢5tmcnis in non-convertible pref¢r¢n¢e shar¢5 and non-puttable ordinary or p￿fe￿n¢t shares (where shsres are
publicly traded OT thcir fair value is reliably measurable) are m¢35ur¢d at fair value through ptofit or loss. Where fair
value catULOt be measured reliibly. i¢iv¢stm¢nts arc measured at cost less impaimient.
Investmettrs In $ub$idiari¢s and asglKiates arc mc&surcd ai ¢osi less i￿pHIrMent. For inve$bnents in subsidiaries
acquired for consideration in¢luding the issue of shares qu&lify'in8 for merger relief, cost is measured by referen¢¢ to
the nominal Wdlu¢ of the shares issued plus f8ir value of other considerdtion. Any premium 15 ignored.
Pa8e 14

Wortbing Mencap Society
Notes to the Financial Statement5 for the Period from 29 November 2024 to 30 September
2025
Derivulivefinancial inslruments
The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate
movement5. The charity does not hold or i5su¢ derivAti￿ firwi¢ial instr￿ments for 5peculativ¢ purpose5.
Derivatives are irritially r¢co8nised at fair value at the d8* a deriV￿1Ve contraci is etktered into and are $ubsequenily
reme￿Ured io their fair value ai each rerK>ning dale. The resulting gain or loss is recognised in stttement of fLnan¢ial
activitie5 immediately unless the derivative 15 designated and effective ￿ a hcdgtng instrument, in which cvtnt the
timing of thc recognition in stsletnent of financi￿ a¢iivities depends on th¢ n*tUT¢ of rhe hedge Telation5hip.
FAir volue ￿e￿remem1
The best evidence of fair valu¢ is a quoted price for an identical as5¢t in an active market. When quoted prices are
uthavailabl¢, the pri¢e of a r¢¢¢rtt tr￿$8¢110n for an identical &ssei provides evid¢o¢¢ of fair value as long as there
has noi been a si8nifieani change in economic circumstances or a significani lapse of lime sinee the transaction Wjk
pla¢¢. If the market is not aciivc and re¢eot transa¢tio•s of ao ide#ii¢al asset on their owrt #re Thot a Bood c5timat¢ of
fili vdll¢, the fair value is ¢siimaied by using a valuatiott techniqu¢.
3 Jntorne frorn donations *nd legxcie5
Unrestrirted
fund5
GentMI
Total
Donations and legacies;
tk>nalions from iThdividu¥415
Gift aid re¢laimed
GTathts'. includin¥ ¢apitsl ￿ts.
Government grants
Donatcd 5¢rviccs and facilitie5
74.230
2.340
74,230
2.340
58.567
4,054
58.567
4,054
Total for pÈAod ¢nd¢d 30 Septetyb¢r 2025
139.191
139.191
4 Income from other trading #rtiviti
Unrtsiriti*d
fund5
G¢Th¢r¥l
Total
funds
Trading in¢om¢.'
Shop income from sale of donated gO￿S and service5
Sales of goods and servi¢cs
Other income from other tradin8 ftcliviiies
32.337
16.461
26.1)04
32.337
16.461
26.￿4
Tot*1 for period ended 30 September 2025
74,802
74.802
Pa8e 15

WorthiDg MeDcap Society
Notes to the Financial Statement5 for the Period from 29 November 2024 to 30 September
2025
5 Inve$tment Ineome
Unresirirted
funds
GeDer*l
Total
Intere$¢ r¢¢¢ivabl¢ and 5iTnilar income..
Interest receivable on bank dewsits
Income from rents
302
5.894
302
5.894
Tot41 for peTlod ended 30 September 2025
6.196
6.196
6 Exp¢tsdltuYt ofj rni$ing fund5
#l Costs of trading activities
Unre51rirted
funds
General
Total
flltlds
Note
C051s of g(x)ds sold
Oth¢T dir¢ct cost5 of activities for generating fuThds
10.551
25.308
10,551
25,308
Total for period etsdtd 30 SepleThber 2025
35.859
Total
cost5
Dlrerl ¢0515
Costs of g¢neriting dotkations and l¢gaeie5
Costs of trading activitie5
1.884
35.859
1.884
35,859
Totsl for period ended 30 Stptembttr 2025
37.743
37.743
Page 16

Worthing Meneap So¢iety
Notes to the Financigl Statements for the Period from 29 November 2024 to 30 September
2025
7 Expenditure on eh¥ritible activiti
Unrestrirted
funds
Generxl
Total
runds
Note
Overheads and other Costs
Staff costs
Goveman¢e costs
54.822
173.503
?.356
54.822
173.503
2.356
Tot¥1 for period ended 30 SeptenTrber 2025
230.681
230,681
Attivity
undertake
directly
Total
expendlture
Shop, Trading as Buddys C8f¢
CharÈty shop5
Group5 and other activities
39.761
64.630
123.936
39.761
64,630
123,936
Tot#1 for period ended 30 Stpt¢mbtT 2025
228.i27
228,327
In addition kn thc expenditure analysed above, therc llre a150 8ov¢mon¢e c(>sts of £2.356 whi¢h relate directly to
hariiable a¢iivÈtÈ¢s. See not¢ 8 for funher details.
8 A041ysis of governADet *nd support Costs
Governanee costs
Unrestrlded
runds
General
Total
funds
Independent exgmirKr fees
Other fee5 paid io examiners
Oiher 8overnan¢e ¢osts
Totil for perlod 2Nded 30 September 2025
900
1.456
900
1.456
2.356
2.356
Page 17

Worthing Mencap Society
Notes to the Financial Statements Cor the Period from 29 November 2024 to 30 September
2025
9 Trusteu remunention xnd exptnses
No tTU5t¢es. nor any person5 conneclcd with Ihtm, have received any remunerdlion from the ehariry during the year.
10 Staff eosts
The a8gre8aie payroll costs were a5 follow5.'
21125
Staff costs duriBE tbt period were:
Wages and 5alori¢s
Social security COSIS
Pension c05t5
Other statTcosts
160.708
6.947
2.848
3.000
173,503
No employee recekved enK)lumeThts of more than £60.000 during the period.
I I Indtp¢ndet)t exomits¢r's r¢mutt¢r*tio
2025
Other fees to examlners
The examinLtI8 of aecounts of any &ssociate of the chartty
Page 18

Worthing Mencap Society
Notes to the Financial Statements for the Period from 29 November 2024 to 30 September
2025
12 Tamtiou
The charity is a regiSte￿d ¢harity and is therefore exempt from taxation.
13 T#ttglble nAed ¥w¢s
Land ind
buildings
Furniturt and
equipmeni
Tot*1
Cost
Addition5
356.454
6,526
i62.980
AI 30 Sept¢mb¢r 2025
356.454
6.526
362,980
Depreelgtlon
Charge for th¢ ycar
815
815
AI 30 September 2025
Net book v*lue
815
815
AI 30 September 2025
356.454
5.711
362.165
14 Debtors
2025
Prepayments
685
15 Casb eash equlv#leots
2025
Cash on hand
Cash at bank
136
99.317
99.453
P8ge 19

Worthing Mellcap Society
Notes to the FinAncial Statements for the Period from 29 November 2024 to 30 September
2025
16 Creditors: *rnounts falling dut within one yur
2025
Bank loans
Other taxation 8nd so¢ial se¢uTity
Other Crediiors
Deftrred income
9.576
6.769
2.083
12.144
30.572
17 Creditors: gmounts f*llin# due after one year
2025
Bank108Th5
135.858
18 Pension other schemts
Der￿ed contribution penJioD Jrheme
The charity operates a defined contribuiion pension scheme. The pension eosi chorge for the period represents
eO#tribulion5 pByabl¢ by the charity. to the scheme and amollnied 10 £2.848
19 Shlre capital
20 Funds
Bslance #t 30
September
2025
Resources
expended
Te51111rce5
Transfers
Unrestrltied fund5
Gener
220.189
1?68.4241
344,108
295.873
Page 20

Worthing Men¢ap Society
Notes to the Fin¥neial Statements for the Period from 29 November 2024 to 30 September
2025
21 Analysis of net assets between funds
Unrtstrirted
funds
enerAI
Total funds at
30 Stpttmbtr
2025
Tangible fixed 855ets
Curr¢tti oss¢ts
Current liabilities
Cr¢diiors over l year
362.165
100,138
130.5721
135.8581
362,165
100.138
130.5721
1135.8581
Tolal net 855ets
295.873
295.873
22 Related paTty tTansattions
There were no relat¢d party trthsadions in thc period.
PNge21

Worthing Mencap Society
Statement of Fin*n¢ial Aetii'ities by fund for the Period from 29 November 2024 to 30
September 2025
Unrestritted Funds
Tot*1
Unrestricted
Futtd5
2025
Income 4nd Endowments from:
tlonations and legacies
(hh¢T trndithg activitiES
Investment income
139,191
74.802
6.196
Total income
220.189
ExpenditUTe on:
Raising funds
Charitable activities
137.7431
1230.6811
Total expenditure
1268.4241
Net exp¢ndiwrc
Transfers betwe¢n funds
148.2351
344,108
Reeonciliation of funds
Tolai fiJnd5 ¢arti¢d forward
295,873
This page doe5 Llot forni part of the sthtutory financial statements.
Page 22

Worthing Mencap Society
Detailed Statement of Financial Activitieq for the Period from 29 November 2024 to 30
September 2025
Totsl
2025
Income and Endowment$ from-.
Donations and lega¢ies ianaly5ed below)
Oth¢T trading activities lanalysed belowl
Inve5tsn¢rht incorne lanalysed below)
139,191
74.802
6.196
Total *ncom¢
220,589
Expenditure OD:
Raising fi]nds lanalysed below)
CharitAbl¢ activities lanalysed below)
137.7431
1230.6811
Toial expcfiditur
1268.4241
Net expcnditur¢
Transfers between fund$ lanAIy5ed below
Reconeiliation of fund5
148.2351
344.108
Total fvnd5 carried fon¥ard
295.873
This page doe5 not fonn part of the s¢atutory financial statements.
Pa8e 23

Worthing M¢n¢ap Society
Detailed Statement of Financial Activities for the Period from 29 November 2024 to 30
September 2025
Total
2025
Donalion5 legocie5
.4ppeals and donations
Gift Aid ￿ reclaimed
UK Government grants
Donated S¢Tvice5
74.230
2 J40
58.567
4.054
139.191
Other ir0d1￿8 oLYlvlrtes
s￿¢$ tsf donat¢d good5
Sales of puithas¢d goods
Other income
32,337
16.461
26.004
74.802
Invesimehi inconie
Rentsl income
lthterest tsn ¢ash deposits
5.894
302
6.196
R¢TiSing
Fundraisi1￿ costs
Purc￿5¢$
Purchases
Dir¢¢¢ ¢osts
Club and event direct COsLs
Equipm¢nt 1¢8siDg
11,8841
8.2301
12.3211
12.5141
121.7141
11.0801
137.743
Charilable Aclivilies
Rent collefflion
Wag¢5 and salaries
Staff NIC (Employer3)
Staff p¢ns¥ons {DefitLed contribuiionl- pension schem¢ I
Staff training
Rat¢$
LighL heal and w>wer
Rep&irs ond r¢newals
Telepknne and f&¥
16,3101
1160.708}
16,9471
12.8481
13,0001
12.2881
12.6841
127.432}
{9901
Thi5 pagt does noi forn) part (pf the statutory financial ststements.
Pa8e 24

WortbiDg Mencap Society
Detailed Statement of Financial Activities fnr the Period from 29 November 2024 to 30
September 2025
Tot•1
2025
Printing. postage and stationery
Charitable donation5
Professional ind¢mDity insurance
Legal and professional fees
Bank charges
Loan inieT¢St
Depreciation of fixttjres and fittings
Accountancy fees
Professtonai indemity insurance
19541
{2901
13361
{7.4431
11,5221
13.7581
I￿0)
11,4561
1230.6811
Trunsfers bertvgenfvKd%
1'ran5fer from uThtncorporat¢d charity
344,108
This pag¢ does not forn part of the siaiutory financial 5tstements.
Pag¢ 25