Foothold Supporting engineers +1 &T' Annual report 2024-25 Foothold (The Institution of Engineering and Technology Benevolent Fund) Registered in England. Registratlon no. 00441284. Registered charity no. 208925 CONTENTS The Trustees, Report 04 Welcome from CEO and Chair Financial summary, key policies and principal risks Financial statements We present our report for the year ended 30 June 2025. This report covers a review of achievements and performance. a financial review and plans for future periods, consideration of the principal risks we believe Foothold faces. and the audited financial statements for the year ended 30 June 2025. 46 70 71 Statement of financial activities 06 Demonstrating our commitments Our structure, governance and management 54 72 Balance sheet 73 Statement of cash flows Our year in numbers Summary of our plans for 2025-26 07 60 The Institution of Engineering and Technology Benevolent Fund (otherwise known as Foothold) Is registered charity No. 208925 and company limited by guarantee Incorporated in England and Wales with the registration No. 00441284. It Is managed in accordance with its Memorandum and Articles of Association (amended by Speclal Resolution on 19 May 2010) and under the terms of a new Charity Commission Scheme of 29 January 2010 that established The Speirs Fund {which replaced the Chesters Trust Deed. otherviise known as the Speirs Memorial Trust. subsequently varied by the Charity Commissioners Scheme. dated 15 July1975). Note5 forming part 74 of the financial statements Our reference and administrative details 08 Our purpose and ambition 62 Statement of Trustees, responsibilities 10 Our community 64 12 Our impact 66 Independent auditor's report Our progress towards our 2022-27 strategy 13 Foothold is the working name of Th• Institution of Engineering and Technology Benevolent Fund and is referred to as Foothold within this document unless required to be ststed in full. Throughout this report. lightbulb icons represent our future plans. 2 Foothold Annual Report 202￿25 www.myfoothold.org 3 WELCOME FROM CEO AND CHAIR for the community. Continuing to grow the diversity and volume of oui income stieams remains pivotal lo our approach. and we will be launching our new Fundraising nd Communications strategy in November 2025. those most in need in our community, and expand our health and wellbeing resources to bolster their resilience. Details of our 2025-26 plans can be found on e60of this report. 2024-2025 was the first full year of working within our revised operating model. designed to maximise our impact for our community while maintaining the real value of our investments, as we once again found ourselves living with a backdrop of global conflicts and uncertainty in the financial markets. Whether you gave your tirne to support us, shared your storyi or donated; whether you're a volunteer. donor. supporter or staff member: we would like say thank you on behalf of our engineerin9 community. for helping us to ensure that no engineer or their family has to face life's challenges alone. Our volunteers are also a vital piece in the jigsaw that makes us what we are as a team. We were delighted with the response to our call for volunteer conlenl presenters. who will help us by sharing engaging stories that highlight the support Foothold offers, raise awareness of challenges engineers face, and support our fundraising efforts as our digital health and wellbeing programme expands. During the year there were ch85 13.8% IET connection Aslan or Asian Brltish backgrounds 13.V Black or Black British backgrounds 27.5% Mixed ethnic backgrounds 4.6% White backgrounds 46.1% Any other ethnic background 4.3% 68% 8° 18°A 8% Prefer not to say 3.6% IET member, lapsed member orfamI￿ member IET student member. lapsed or famity member Links to engineering No links to engineering 10 Foothold Annual Report 2024-25 YwM.myfoothold.org 11 OUR IMPACT OUR PROGRESS TOWARDS OUR 2022-27 STRATEGY SUPPORTING .>> 1,226 PEOPLE 139 178 94 grants for direct financial support My Money Checkers advice and guidance letters 2,142 54 49 webinar sign-ups Differently Wired Hub sign-ups Wellbeing Hub sign-ups AS WELL AS DELIVERING 23,002 OPEN-ACCESS DIGITAL HEALTH AND WELLBEING SESSIONS 138 6,951 app downloads Sleepstation registrations 'How can we help you, sessions .>> 7,379 4,022 blog views YouTube views 12 Foothold Annu81 Report 202￿25 4w.myfoothold.org 13 ENABLE our community to participate in a socially inclusive lifestyle by: Our financial grants provide regular support with the costs of living. as well as one-off awards for counselling. household goods and costs related to disability assessments, equipment and adaptations. Our grants support a wide range of households in the UK and abroad, with 41% of our financial grants going to community members under the age of 35 and 44% providing support for community members with a disability. 1.1 Achieving a household income of 75/ of the headline minimum income standard for eligible community members MY MONEY CHECKER AND ADVICE AND GUIDANCE SERVICES £423,613 ;,';'; With the lightening of our eligibility criteria and financial support thresholds, we wanted to provide what support we could - even where we were not able to provide a grant. So. we expanded our My Money Checker service to anyone applying for financial support. We also broadened the scope of our advice and guidance to community members in countries outside of the UK. •178 MY MONEY CHECKER LETTERS SENT TO 122 PEOPLE ADVICE AND GUIDANCE LETTERS SENT £392,547 £22,081 £10,185 in regular grants in one-off grants for mental health, disability support & medical costs in one-off grants for cost of living support Thfough the research carried out by the Grants team. the My Money Checker and advice and guidance service was expanded to cover the six countries frorn which we received Ihc most applications, and where there was information available on stale or charitable support using online information or information from community members living in those countries. O In 2025-26 we will begin real-tlme monltorlng of the Impact of our grants. O Our communlty members told us that our application forms can be difficult to complete. so for 2025-6 we will be introducing a simpler. onfrstep application for all our support. between the ages of ° a 18-94 in17 countries 66 103 people 19 Thank you for the My Money Checker letter. l￿ft had a look through it and thère wefè a couplè of thlng$ I didn't already know abouL so I'm going to have a closer look at those in the coming day&" o In 2025-26 we will research a further six countries to inc5ude in our advice and guidance Services, including the USA and Greece. 66 received regular payments to help with the costs of living of these people also received a one-off payment people only received a one-off payment So f4r I have reached out to our l¢)cal council to reduce council tax and am in the process of reduclng my mortgage.- 14 Foothold Annual Report 2024k25 www.myfoothold.org 15 IMPACTFUL GRANT OF THE YEAR AWARD 2024 IMPACTFUL GRANT OF THE YEAR 2024 ADAM'S STORY Engineering Neurodiverse Futures programme We were delighted lo be worded 'lmpactful Grant of the Year 2024. at the Association of Charitable Organisalions Awards. 66 ACO In these worrying times we're all facing, it's easy to become consumed by anxiety, but Foothold gave me light and I'm so very grateful for that." Adam Payne Tho award rocognisod the impact our Engineerin9 Neurodiverse Futures programme is having on the lives of neurodivergent engineering students and apprentice5. I'm Adam. an electrlcal engineer from Mid Wales. I've always had an eye for electrical engineering and have been fascinated by this area for as long as I can remember. So, after finishing school in the eighties. I couldn't wait lo become an apprentlce electrician. Research shows a greciler incidence of neurodivergence in engineers, with around 820,000 neurodivergent engineers working in the UK alone. support. This was a huge rellef because as the money came in, my financial worries instsntly eased. Knowlng the Foothold comrnunity had my back was so reassuring. Now, l am In a more secure place. no longer in need of Foothold's financlal support. I'm continulng my courses. educaling myself on mindfLtlness and assertiveness, and volunteering at a repair cafe. Myjourney's shown that perseverance and self-care are key to regaining my identity and ovefcoming challenges. Recognising these challenges, we sel about changing the slalus quo for tomorrow's engineering talent, by launching our Engineering Neurodiverse Futures IENFI programme. At the time of the award. I still had my other issues to contend with. but now I could focus on working through them viithout worrying about how I was going to pay my bllls or feed myself. Despite the strengths that being neurodivergent can bring, many aspiring engineers may never achieve their dream of building a career in the sector. This is largely due to higher-than- avercige dropout rates among students with neurodivergent atlribules. 12 students had been through the programme. receiving more than The programme provides personalised support for engineering students and apprentices, including access to tailored funding. resources and opportunitios lo help Ihem thrive in their studies and build a rewarding career In the industry. £18,000 in grants. My unprocessed childhood trauma led me to retreat from social situations and eventually I left my course. This led to a downward spiral of anxiety and depression. affecling my Income and sense of Identity- I was grateful to Foothold's befriending service during the Covid-19 lockdown as the Isolation at this time brought additlonal challenges. Thls really was a lifeline to me during a very lonely time. reported increased O day-lo-day wellbeing These dropoul rates stem from the challenges neurodivergent people face ir) getting support. Access to support often depends on getting a diagnosis, which can be diff icult due to costs, long waiting limes, and fear of discrimination. In these worrying tlmes we're all facing, it's easy lo become consumed by anxiety, but Foothold gave me light and I'm so very grateful for that. 80% felt more included in the engineering community Just as the strain of ry financial situation was becoming desperate. I was referred to Fooihold by the I was able to chat to a peer about both engineering and personal things - we got on like a house on fire and I was SO thankful for the company. The ENF programme continues to expand and develop. and we're committed lo ensuring our support remains responsive to the needs of aspiring engineers. 66 If you're going through a difficult time. dori't he51tate to get in touch with Foothold as they might be able to help you rebuild your life too, one step at a time. Foothold's support has been a blg mllestone for me. I know it will charrye my lrfe tor the better.- ENF student My caseworker reviewed my circumstances. and I began receiving regular financial 16 Foothold Annual Report 2024-25 www.myloothold.org 17 PAULINE & TRISTAN'S STORY 66 66 Foothold have been a godsend to Tristan and our family. The grey clouds are still around us, but Foothold have been a constant ray of sunshine in the darkness, reaching out to us and giving us some hope. I hate to think about where we'd be without them." There has been a ray of hope throughout all this. I've never been one to ask for help, even when things are really tough. But I knew we couldn't keep on providing for all of Tristan's care needs on our own." Pauline HI. I'm Pauline. and I'm a full- time carer lor my adull son Tristan. disorder with nausea & vomiting, ongoing daily pain. a dysfunctional bladder. hyperhidrosis. respiratory issues and several other issues. He seldom complains. even when in great pain or discomfort. Tristan was 14 when he first got sick. He h85 very high care needs. so I gave up my full-time job lo care for him. Whilst this allowed me to ensure he was getting the best support we could give him. things haven't always been easy. But I soon realised there was nothing that I would rather do. than care for him. After a few years of me no longer working. our saving5 ran dry. It got to the point where we simply couldn't afford all his care needs. We even had to choose between getting him new blood pressure monitor when his first one broke. or keeping up with his prescribed daily vitamin & electrolyte wateTS. To have to make that kind of choice as a parent is heartbreaking. As you can probably imagine, living with these various illnesses has pul a huge strain on his mental health too. 8eing told by doctors & specialisls that there is no cure is a hard reality to face. He requires a constant monitor for his blood pressure, as this can often fluctuate wildly. Sometimes. even just getting out of a chair cau5e5 him to feel faint and pass out without warning. He also mlssed a lot of school. but we were supported. did work al home with him and he managed to pass his exams. Words can't describe the pain we went through when we were given that devastating diagnosis. this vital equlpment. Even this single act of kindness meant we no longer had to choose which support we could afford to give him. If you ever find yourself in a similar sitLtation, where you can't afford the things you or your family desperately need, don't walt - contact Foothold as soon as you can. We have chosen to live one day at a time and Tristan always says that he is grateful for each day. Life needs to be accepted as a gift and he tfies very hard to show kindness to each person he meets. But their help didn'l stop there. They've also supported us with a monthly grant. so we can continue giving Tristan the care he needs. They can give you stability and support. and not just in the moment. No matter the support you get, it makes a huge difference. They have changed Tristan's life as well as my own they may be able to do the same for you. In the first few year5 we often felt that. as a family, we were just surviving rather than living. especially during the years of exploring options. Then we heard something that no parent ever wants to hear. Medical professionals told us Tristan's life expectancy was around 30. He was already in his early 20s and we were devastated. He's 29 now, and some statistics suggest his life expectancy is somewhere between his 305 and late 40s. This regular payment to Tristan makes the world of difference to not only his life. but to mine as well. There has been a ray of hope throughout all this. I've never been one to ask for help. even when things are really tough. But I knew we couldn't keep on providing for all of Tristan's cafe needs on our own. Tristan suffers from EhleTs Danlos Syndrome, hypertension, POTS (postural orthostatic tachycardia syndrome). cardiac dysautonomia. ME Imyalglc encephalomyelitisl. hypermobility. gastrointestinal Foothold have been a godsend to us and helped give Trislan a bit of freedom back in his life. It feels like we are actually living not Just surviving day by day. Now, 15 year5 after Tristan first falling ill, we have adjusted our live5 well. Keeping him Safe and free from illnesses and viruses has become our top priority. especially since Covid. Foothold offered to first fund a new blood pressure monitor. so Tristan wasn't going without 18 Foothold Annual Report 202￿25 ww.myfoothold.org 19 EMPOWER our community to increase their resilience to life's challenges by: 1.2 Amplifying voices of organisations advocating for social change around poverty and associated issues, such as housing 2.2 Developing digital health and wellbeing offers By developing relationships with arganisations lobbying for social change. we can increase their reach by introducing their work lo our community. and in turn gain expert knowledge in areas significant lo our strategic developrnent. OUR WEBINAR PROGRAMME WINTER WARMTH NETWORK px We're pleased to have continued to build on the enormous growth of our free monthly webinar programme for the engineering community. Coth Wc were really privileged to be signèlories to the Wiiiter Wiirmth Network, a campaign supporting vulnerable individuals and families lo find holistic financial support. spearheaded by htnin Reach. Organisations such as Lightning Reach and Gin erbread reported that families with children and especially single parents were struggling the most with the costs of energy. Our webinar programme delivers insightful and actionable information and advice across a wide variety of wellbeing and financlal toplcs. In 202&￿25. we delivered webinars on toplcs Includlng mlndfulness. creatlng an effectlve work-life balance. embracing neurodiversity. and the importance of estate planning. We've started to explore what makes a webinar success. and what the success of the programme will look like going forwards. Ilie associatlon ul charitable organisation5 We're now keenly looking at In.webinar engagement, the number of community members who return for future weblnars, and experimenting wlth new topics - nol lust ones that wlll guarantee high sSgn-up rates - so that we can continue to offer holistic support for our community. Group5 such a5 the elderly. people with a disability and those with caring responsibilities were also encountering difficulties. JRF In 2024-25, 72% of our enquires were for financial support, with many engineers descri bing their struggles to meet their daily household bills. Having signiflcantly grown the popularity of the webinar programme since October 2023, we re excited to have begun to move the webinar programme Into a new phase of growth. JOSEPH ROWNTREE FOUNDATION By signing up to the campaign, we were able to link our community members to more than 2,500 support schemes covering energy and home essentials. as well as a wide range of other support. Thi5 15 a shift that began in 2024-25, and will be developed in the next financial year. This year, for example, we hosted a webinar on a topic we've never covered before.. gut health. This topic was highly requested following a community survey. There was gieat engagement during the live evenl. with numerous questions in the webinar chaL 66 2,142 +15% WEBINAR SIGN-UPS IN 2024-25 NEURODIVERSITY I've been struggling with my finances and especially struggling to pay my energy bill. In October it was nearty £900." Foothold community INCREASE IN SIGN-UPS OVER 2023-24 Thi5 year we also hosted our most popular webinar yet, with 325 people signing up to 'Future Finances.. The Importance of Estate Planning and Making a Will., 325 SIGN-UPS TO MOST POPULAR WEBINAR 20 Foothold Annual Report 2024-25 www.myfoothold.org 21 MENTAL HEALTH CHECK-IN The webinar was really insightful and informative. tt gave me some ideas that I probably wouldn't have thought of myself had it not been for attending, and was presented really well. There were some great questions throughout. Everyone was really engaged." Thanks for teaching me some fantastic techniques which I definitely will try for my anxiety and stress." In September 2024. we launched Mental Health Check-ln. Developed in collaboration with mental health experts htste s. this clinically validated tool gives engineers and their families access to personalised mental health support. Christopher Moore. attended 'Good Gut Health, Roya Ershadi, attended 'In Practice= Mindfulness. Visualisation and Meditation. The tool was used 325 times in 2024-25 I found the session very Informatlve and It gave me some useful strategies I can follow to remain healthy as l age." I was surprised to learn just how much poor nutrition and physical problems can affect mental health. The weblnar content was laid out In a clear and easy-tt> understand way and was well presented." Free There were 113 uses in the launch month Quick to use Clifford Penton, attended 'Healthy Ageing. / Confidential Richard Bismark. attended 'Men's Mental Health. Available 24n At first. the age group with the most users was age 56-65 {22%), and 64% of users were male It was a great experlence. I will try to get up and start running more." Very well constructed and professlonally presented weblnar." Jeffrey Akhidenor, attended '8oost your Fitness. Eric Earnshaw. attended 'Boost your Energy.. We'll start with queslions around wory and anxiety. In June 2025, having expanded our reach onto TikTok, we saw a big uptick in uses, with 53 uses in June alone. It's fantastic to see new topics resonating with attendees. and we have started to receive direct emails from returning webinar attendees confirming their attendance, or sharing thelr thoughts after the event. It has become clear that we're bullding a community. familiar names greet and share their thoughts in the chat. and we have many regular attendees. we now have a more comprehenslve overvlew ol what's going on with webinar ttendance than ever before. Over the last two weeks. how often have you been bothered by... We're looking forward to building on the growth of our webinar programme in the coming year. We will be encouraging conversations. continuing to ask our community member5 what topics are of interest to them, and experimenting wtlh new content 1.Feeling neNous. anxious or on edge We now have access to more information on the demographlcs of those who slgn up. Including the proportion of retLtrners and newcomers for each webinar. and how they've rated both the webinar content nd speaker. At the same time, the demographic tipped towards young women. with 57% of users being female, and 68°A age 25 or under. Of coutse, this sense of cornmunity is more challenging to report on than sign-up numbers. but following data management work this year. 22 Foothold Annual Report 2024-25 www.myfoothold.org 23 2.3 Engaging With new partners to widen the scope of our offers Working with our partners. we were able to provide 94 community members with advice, guidance and signposting to other organisations such as occupational benevolent funds who may be able to offer support. We continued to develop our relatlonship wlth InBest. whose mission is to improve people's financial resilience by helping them access the benefits they are entltled to in the UK. Their quick slx- question form is embedded into our webslte and provides an estimate of the benefits someone could receive if they are based in the UK. New for thls year, the form Is avallable In 249 languages. Mentsl Health Check-ln Is the latest addition to our growSng bank of onllne support resources and Is designed to empower people in the englneerlng community to better understand how they feel and take control of their mental wellbeing. answers. alongslde expert tailored Tecommendations and advice on where they can access relevant support. They can also download a copy of thelr report for future reference. or lo use as a starting point for dlscusslons with their GP. Howevei. as Foothold expanded its social media content output throughout the later part of the financlal year. we were excited to begin to reach a new audience of young fernale engineers. Inbest q advkeFINDER AdviceFlnder is a national diiectory of contact details and seNlee information for organisations that provide advice and support on wide range of topics including social welfare issues such as debt, houslng, consumer issues and more. In June 2025 we saw huge change in the demographics of communty members uslng the tool. Much unlike the preceding months. in June most users 157%) were women. with of all users being aged 25 or under. As well as being free to use. Mental Health Check-ln Is quick. completely confidential. and avallable to use 24n. y glving engineers and thelr famlly members access to a quick and easy-t¢>use tool to understand and Improve their mental health. we aim to empower even more people in our community to live well and thrive. Ste6hange We directly referred 5 community members to Stepchange, the UK'S most comprehensive free debt advice service. As well as providlng advice. they help set up debt solutlons and offer continulng support. The tool works by asking users a serie5 of questions from the clinically validated GAD-7 and PHQ-9 questionnaires used by heallhcare professionals. Users are Invlted to consider their experience of woiry. anxiety and low mood, and are given a personal mental heatth score based on their We were able to refef 5 community members to SheHer's Helpllne Plus which provides specialist telephone casework around complex housing issues. This is offered directly to the client, or by co-working with non-hou5ing Professionals to manage cases with complex housing, debt and welfare benefit issues. or where client5 have higher support needs. We discovered this new audience reflects the demographic viewing our recent content on TikTok. Usage of Mental Health Check-ln has since soared. and we look forward to supporting many more communty members in the next year. SHELTER In 2024-25, the tool was used 325 time5 by our communlty members. 64% of users were male. with the majorty in 56-65 years age bracket. All our community members have access to a free sleep assessment through Sleepstation. We referred 2 community members for a course of cognitive behavioural therapy, providing more tailored sleep support. Sleepstatfion 24 Foothold Annual Report 202riing Siandaid applirablt in ihe UK an Republit of Ir*land (FR5 1021 (Charities SORP FRS 1021. the Financial Reporting Standard applicable in tho LIK and Rtpublic of Ireland IFRS 102) and the Companles Aci 2006. Ttansfeis may take place from the Ceneial Fund 10 the Spells Fund bul not vlce veisa In accordance with the Charlly Commlsslon htmt. A55et5 and liabilitie5 are Initially recogn15ed at h15torical cost or Iran5aaion value unless oiherthse stated In the relevani accounting polliy or note. Oes*gnaied Funds represents ihe value of unfestricleé non current assets (fixed asseis. Invesiments and repayable loans) whlth are noi Iretly a¥a*lable as iestrves for Ihe charlty The Revaluation Reserwe wa5 Iransferied to qeneral funds durinq the year. I Publlc beneflt entlty The charitable company meets the definiiion of a public benefir entity under FRS 102. dl Golng concern The tlU51ee5 has ionsideied key T15k5 and consider thai Ihefe are no materlal unierTalntie5 dboui Ihe charliable cofflpanTrK5 abiliry io continue a5 a going concern, 11 L¥pendlture and Irrecoverable VAT Expenditure is recognised ooct there Is a legal oi constructive obllgation to make a payment to a thiid party. It Is probable that seiiiemenr will be ieouiiod and the amount of the obligation tan be measured reliably. Expendituie 15 cla55ifled undei the following aciivity headings The Iiusiees do noi conslder ihat there ale any Soufces of e5tlrnaiion uncertalnty ai the repoitlng dale thai have a 51gnincant rlsk of causlng a material adjustment to the carrylng amoup)is of asseis and liabilltits wilhin the ntxl reportin9 pewiod. Costs of raislng funds ielatt to the costs incuired by the charitable company In Indu£Sng thlrd parties te make voluniary contributions to It. as well as the cosi of any aciivltles wllh a fundralsing puipose. el Income Income 15 Tecogn15ed when the chaliiy ha5 eniitlemeni 10 Ihe lunds, any performance conditions aiiached io the Incoffle have bee met, It Is probable thai the Income will be received and thai the arnouni can be measured reliablv. Expendiiuie on chariiable aciivitle5 Includes the costs un¢Jertaken to fufther the purp05e5 of the charity and thelr a5soclated sUp￿rt tosis. J) Granis payable Grants paid tomprlse amounts paid tts Indlvldua15 needing flnantial assistanct. For legacle5, eniiilernenr Is raken a5 rhe earlier of the date on which either. Ihe Chaliry Is aware ihai probaie has been granied. rhe estate has been finallsed and notlfication has been made by the executoilsl to the charity that a distiibution will be made. or when a di5tTibutlOn 15 received frorn the estate. Receipt of a legacy. in whole or in pari. 15 only consideied probable when rhe amouni can bp ea5ured reliably and ihe chariiy ha5 been notifie(J of rhe exeeing Neurodivefse Fuityres Financial Support 273.743 19.437 23,042 316.222 ol Debtors Trade and ether debtors are ieco9nlsed ai the settlement amount due after any Irade dlscouni ollered. Piepayments ale valued ai Ihe amounl prepaid nei of any tldde d15covnts due. 26.883 37.831 89.087 26.883 37,831 89,087 50,653 1,533,745 50,653 pl Cash at bank and In hand Cash ai bank and cash In hand Includes cash and short term highly liquld Investments with a short maturity of three months or less from the dale of a£quisllion ei opening of the dep¢slt or simllar accouni. 1.370.463 163.282 Toul expendliure 1.798.007 50.653 182.719 23.042 2.054.421 ql Credlror5 and provlslons CrEdilor5 and pruvi5i0n5 are fecognSstd where the chaiity has a present obligatlon resulting from a past eveni Ihai *lll piobabtv result In the transfer of funds 10 a th￿1￿ party and the amount due to settle the obligation can be measured or estimated rolkblv. Creditors and provlslons are normally retr's coniritsJtit￿ io dofinoo contnbuiion ptnslon sihom* Redundancy 1.5JX745 1054.4ti 78 Foothold Annual Report 2024-25 www myfoothold org 79 Notes to the financial statements Notes to the financial statements For the year ended 30 June 2025 For the year ended 30 June 2025 Llsted InvE5tment5 10 Repayable loins 2015 2024 Speir5 Permane EndLwJrnent IRtSlli¢iedl Central Speirs Fund 2025 Total Repayable loans at tht start ol the ¥*ar RepaYrnent5 Z61JS• 278.958 Rtpayable kjans at the end of the ￿ar Z45.765 102.358 Falr value at the 5rart of the year Pulihases 14.396,039 4.119,652 610,215 1706.8351 4.894.978 683.197 23.410.669 3.244.605 14.241.529) 1233.874) I l Debtora 12.659,3431 2015 2024 149.9411 13.546.975 3.980.013 4.652.883 22,179.871 Trade debiof5 A({rued Incoffle & piepoYMen¢S Other dtbtois 25.000 426.482 p.000 Cash htld by Invtsiment broker ptnélh9 rtlnvtsiment 733,578 204.253 250.961 1.188.592 179,092 4SY.482 14,280,353 4.184.266 4.903.844 23,368.463 12 Crtdirors.. amtsunrs filllng du* Otht ytir 2025 IOZ4 gb Lljttd Investments Iprloi ytirl Sptlrs Pewmantni Trade crtditor5 Qtbtr citdlto i{ruals and dtferied Intome Giants payable 5.196 13.042 46.744 173.408 20.943 24.31Q 49.201 Ceneral lund SpElr5 Fund 2024 Tffjal IResiil(iedl 2Y8.390 307.999 14.122.563 B.099.4QB 18,893,560) 1.067,628 3.742.025 2.436.726 IE.369.2491 310.ISO 4.565.381 Z.17O.265 12.802.999> 362.331 22.429.969 13,306.399 114.065,808) 1.740.109 Purchases Sale5 proceeds 14.396.039 4.119.6S2 4.894.978 23,410.669 Cash held by inve5rmeDt bToker peDdlDg 284.021 62.296 80.673 426.990 Falr value ai the end of tht year 14,680,060 4.181.946 4,975,651 23,837.659 80 Foothold Annual Report 2024-25 www.myfoothold.org 81 Notes to the financial statements Notes to the financial statements For the year ended 30 June 2025 For the year ended 30 June 2025 13a Moyernents In funds (current yearl 14a ANty515 of ￿e1 asset5 b¢tt¥een funds Icurreni yearl Expendiiure & •A l 2024 In(ome & gain5 TraTr5fer5 At XIJWA 202S Énéowment tksi9nattd fund5 aluation Re5ty1ued Geneial lund5 Tot41 funds Restrlcted fund5 1.953 106.T35 122.7SI Repayable granii 245.765 14.280.353 245,76 25.308,46 9S&974" ia9.1841 162.588 4.010.9 4.184.266 1103.33 4.903.844 5.010 4,154.lJ2 Ifth7J5 1303.389) 122.751 Endowmini fvndj 125.JJO 174.0921 Ilet aiSQts at 30 j￿ne IOZ5 4.OaO.929 4.908.862 1.055.297 Z4.571.706 De3l9Dated lunds.. 245.765 14b Amlysls •f ass*is b+wfi fvNls Iprlor ￿rI Inve51rntn15 12,n7J 13.0S9.117 1•4Ji 1.550AI• es1gnatEd funds XE¥alvaiio resew Restilcted Genoial funds Total funds Revilyaiivn re5eTh* Gentral fund5 1986.6911 331.983 1,•$5,297 R*payablt 9ranis tn¥estmeThts 261.351 23,837,6S9 344.198 4.181.948 4.975.6SI 4.724 1.882.801 Total unF•stFlct•d funds 366.590 T•t•l 24.441.IlS 1.575AaO 24.571308 4.IS4JJ2 4.910.J75 13.059.617 1.8•2.101 366.590 24.M4.215 Tho narfatlvè to oxplain the puiPOSQ of oaih fund IS glvtn at tbt fool of iht nott bèlo¥4. 15 R￿nCIlIatIon of n•t In¢om¢ i 14xp•ndltuty) to net ¢as* fl¢WI froffl op•ratlfi9 A¢tlvltles 13b Mowrntnts In lunds Iprf•r y14r) 2024 E¥pendlture & ZO23 Irf¢me & gaihs TiaThsfrrs M )OJwx2024 Il•t lTrcoffl• IN tho f*portlng p•rtod l•$ Mr iht sr4¢*m*n¢ ¢1 An•nd•l actMtl•sl 126.991 845,067 233,874 Speif5 Fun¢ Neurodiveisity Futurts Prograrnmes 421.097 Diw4end5 and In¢erest Irom Invesirnents De(rea5e In iepJ¥oble loan5 Iln(re4sel Derrea5e in debtors IDetrea5tl In ciedltois 252.425 201 772 16.S93 16,600 5.83S.$09 421.097 494.965 oJJJn) 121.042 151.591 4.154.•J2 165.6091 Endowm•ni luTrds D*si9haiod funils c4sh lu￿ OPlf•llng a￿1￿11￿$ 1724.8781 11,496,OJn f16.6fy11 262.3$1 12.797.25• Inv*5tmtnti 1416299) 16 Lo9al statu5 01 iht chartty t3.639.935 (g¢M13) 14•6295) 15.059.617 ThE I￿rity 15 a (ompany limiied bYgilaTaniee And ha5 no %haf¢ capiial. The liability Eackn mefflber In ThE Eveni of ¥￿Tr{lIn9 up 15 IlmitEd io 11. Rtvaluatlon reitTre 1.028.868 Gener41 fund5 954.550 486.295 JG6.$90 17 Condtytnt ass*t Total uniestrlcted funds ThE of toniiytm isstts at iht balantt sht￿ diie was £180.000 12024 £nill Total lunds QMU21) The Spel15 Fu￿d ha5 a biodder remit than the General Fund In ierm5 of who li assist rt vnll bt used Wimati￿ in tht area OIL4￿. aSSiStante If Tho Neuiodivergilv Fulures PrtsgrAmmÈ Fund IS resTTiciÈd io Suppori Vouw poplt ag*d 16-24 with ntui(x11vetse condiltOTrS alound glob Purposes of endowment fund5 Tht spe￿[5 fund 15 further sub dividtd IntD fund5. SpEIt5 RE51ricled Fund spE1￿ PtrmknEni Endo¥fftni Fund. DÈsl9nated Funds with the value of the In¥esirntnts held at year end 82 Foothold Annual Report 2024-25 www.myfoothold.org 83 66 Foothold can give you stability and support. and not just in the moment. No matter the support you get, it makes a huge difference. They have changed Tristan's life as well as my own they may be able to do the same for you." Paullne, Foothold Community Member Foothold Unit 82A James Carter Road Mlldenhall Bury St Edmunds IP28 7DE WE PLEDGE TO TACKLE FRAUD www.myfoothold.oig R•olsteY•d wlth in f O ?A le O cp FR FUNDRAISING REGULATOR Foothold (Th• Inrtftirtlon ot Engln••rfn9 and T•chnoloyy B•n•vol•nt Reglstered In England. Reglstratlon no. 00441284. Reg15tere(l tharty no. 208925