Cambridge Cyrenians Annual Review 202412025 *i If. CAMBRIDGE CYRENIANS ## Chair’s Report Liz Bisset - Chair of Board of Trustees I was delighted to become Chair of Cambridge Cyrenians in February and have been inspired by the commitment of our staff, volunteers and trustees. Their hard work ensures we continue to offer not just homes, but vital wraparound support for people who have experienced homelessness. We have been busy raising the profile of Cambridge Cyrenians, communicating with a wider audience about the valuable work that we do through an expanded social media presence, and by taking part in more local Cambridge events. We’re also preparing for a new regulatory regime for supported housing, which should come into effect in the coming year. In readiness, we’re reviewing our policies, governance, financial reporting, training and development for staff and trustees. Like many small charities, securing funding remains an ongoing challenge. While we’ve secured core support, applications for funding for our specialist support services continues to be time consuming and uncertain. We’ll be bringing staff and trustees together in the Autumn to develop a new Business Plan. This will capture the good work we’re already engaged in and help shape our future ambitions. ## Director’s Report James Martin - Director The past year saw another period of stability for Cambridge Cyrenians with our core services performing well, maintaining occupancy rates of 97% and producing a steady flow of positive move-on from our supported housing service. None of this would be possible without our dedicated staff team and their tireless work making Cambridge Cyrenians the fantastic charity that it is. Our Mental Health Service continued to help support the more vulnerable residents within our service survive and thrive in our accommodation. We are proud to have been able to secure additional funding through our Streets to Homes contract to expand our Brighter Futures counselling service. The service delivers free counselling across the partnership providing unlimited sessions to clients and staff of Cambridge Cyrenians, Wintercomfort for the Homeless, Jimmys Cambridge, Corona House and the Riverside Group. Demand for our service continues to exceed the amount of accommodation we have available. During the year, we received 224 referrals for our accommodation service, and we managed to accommodate 71 people, showing the ongoing unmet demand for homelessness services in Cambridge. Our Older Homeless Service ensured people remained in their tenancies and our Therapeutic Allotment provided a natural and calming environment throughout the year. ## Case Study: Mark For more than 20 years, Mark’s life has been filled with challenges; addiction, time in prison, rough sleeping and, more recently, a cancer diagnosis. But each time life got tough, Cambridge Cyrenians was there. Mark first came to us while sleeping rough. We were able to offer him a place in our supported accommodation, where he finally found safety, stability and routine. “Being with Cambridge Cyrenians means you’re safe and off the streets. It’s fantastic... everything you could ask for,” he says. Thanks to that foundation, Mark began to rebuild. He started eating well, attending appointments, and focusing on his recovery. But it hasn’t been a solo journey. Lucine, one of our Older Homeless Service project workers, has been by his side throughout, especially following his cancer diagnosis. “She still comes round regularly. I can’t get out much now, so she helps with shopping and just being someone to talk to. I couldn’t do it without her.” Now, Mark is in his own home, cancer-free, and has reduced his methadone dosage significantly. “Cambridge Cyrenians don’t judge. They really understand what we’re going through. They’ve helped me turn my life around.” ## Our Vision, Mission and Values ## Our Vision To support anyone at risk of or experiencing homelessness, no matter their background or past, to have an equal opportunity to fulfil their potential. ## Our Mission To support and empower those who are homeless or vulnerable to homelessness and to make a positive difference to the quality of their lives. ## Our Core Values Pioneering: Leading in new and innovative ways of supporting homeless people and finding solutions to the challenges of homelessness. Inclusive: Open to all, valuing and respecting people for their differences. Flexible: We are continually looking at ways to be innovative, to find solutions that will improve the quality of life of our service users. Empathetic: We strive to understand and share the feelings of others. Respectful: We believe in tolerance, acceptance, valuing diversity, and treating each other as equals. Empowering: We believe in bringing out the best in people, equipping them to make their own decisions and reach their potential. ## Accommodation and Services Our supported accommodation provision provides different types of housing options, catering for a range of needs. This variety enables Cambridge Cyrenians to provide the right accommodation and a stepped pathway through the service, allowing people coming in from the streets to progress towards independent accommodation. In addition to providing a pathway through to independence, Cambridge Cyrenians also has long- term supported accommodation for older people, specialist accommodation for offenders, female only accommodation, working houses with more affordable rent and two Housing First training flats. Demand for the service outstripped our capacity; referrals for our supported accommodation were oversubscribed, as they are every year. In total we received 236 referrals however we only had enough capacity to accommodate 71 of these with 13 residents moving through our stepped accommodation model. The service remained stable over the year, providing 93 bedspaces, and because of the hard work of Cambridge Cyrenians staff, maintained an occupancy rate in excess of 97%. This level of performance not only kept our tight budget on track, but more importantly ensures that rough sleepers can access a bed as soon as it’s available and spend less time sleeping on the street. ## Case Study: Geoff When Geoff was around 38, his housing fell through and he found himself without a place to stay. That’s when Cambridge Cyrenians stepped in, offering him a place in our supported accommodation, and the start of a new chapter. Before that, Geoff had spent 15 months in a psychiatric ward and has accessed ongoing mental health support ever since. “On my own, I fall down… I need people around,” he says. Now 76, Geoff has been with Cambridge Cyrenians in supported accommodation for over 30 years. For him, it’s been life-changing. “Company is crucial,” he says. “Cambridge Cyrenians helps build your strengths, skills and independence. Having a stable base really matters.” He stays closely connected with our Mental Health Service and values having someone to talk to. He also appreciates our volunteers, saying, “I hope they get as much out of it as we do.” He’s enjoyed many group activities, including a memorable trip to the Imperial War Museum Duxford, and when he’s not out and about, you’ll find him writing poetry, often inspired by his journey. ## Older Homeless Service This past year, the Older Homeless Service (OHS) has supported 56 individual clients. We were able to accept over half of all new referrals in to the scheme, and we saw an increase in the number of referrals to our service due to a decant and closure of one of the City Council’s Sheltered Schemes, Unfortunately, most individuals referred to us didn’t meet the criteria for the OHS service, however signposting and assistance to the referring agency was provided. Lower numbers were supported in the past year, due to staff absence and cover, which lead to a decrease in the number of individuals we were able to accept during Q2. I am pleased to say that our team member has fully recovered and we are back up to full strength. Existing staff were supported by other members of the team, and we also were fortunate enough to be able to recruit at that time a wonderful agency worker, who has now moved on to the Housing First team covering the county. Although this change in the team proved stressful to manage at that time, it did highlight a need for change in the way in which the OHS operates, looking at how we provide support. We have since looked at working with individuals based on specific areas of support that they would like assistance with and then when we have reached a desired outcome, stepping back until the client wishes to look at other areas that they may need direction or assistance with. This has meant that outcomes have been more targeted on achievements and small steps for client progress, which in turn has a positive effect on the clients outlook and perspectives. ## Personalised Budgets Trial This year, our organisation played a pivotal and uplifting role in a groundbreaking UK trial jointly led by King’s College London, the Centre for Homelessness Impact, and Greater Change. This first-of-its-kind randomised controlled trial explores whether personalised budgets of up to £4,000 can empower individuals experiencing homelessness to rebuild their lives through tailored financial support. We referred 79 residents - surpassing our target of 35 - of whom 52 completed baseline surveys, and 27 were ultimately assigned to the intervention group, resulting in our residents collectively accessing £108,000 in personalised support. In collaboration with each person, we carefully co-designed spending plans that included one **‑** bed flat rent, driving lessons, 3D printers, music equipment, and even a celebratory skydive (pictured above). One participant, Andrew, summed up the impact with one unforgettable word: “Miraculous.” Living in supported accommodation and hoping to move by Christmas 2024, he was able to secure his own home shortly after receiving his budget. Though managing this trial required substantial time and dedication from our team, witnessing residents embrace newfound hope, creativity, and agency has been the highlight of our year. ## Meaningful Activities Our Meaningful Activities Manager, Shanice Jones, supports residents on a oneto-one basis to understand their interests and personal strengths and identify courses and activities to increase their skills and experience in preparation for meaningful employment. During 2024/25, Cambridge Cyrenians supported 71 individuals with 29 people finding sustainable employment, 36 people engaged in education or training and 6 people undertook regular voluntary work. Over the year, Cambridge Cyrenians were able to work closely with Moore Networking who continue to work on two new sites within the city. Multiple residents earned their CSCS cards to allow them on site, as well as skills courses such as bricklaying. A veteran within our service was able to refresh his labouring skills, and found his first meaningful employment since 2018. ## Case Study: Siobhan After receiving a cancer diagnosis and facing serious mental health challenges, Siobhan found herself in one of the most difficult times of her life. Moving into supported accommodation through a partner housing project marked a turning point, one that eventually led her to Cambridge Cyrenians’ community allotment. Our six-plot allotment is more than just a green space. It provides therapeutic horticulture, work experience, and most importantly, a safe, welcoming place to connect and heal. Siobhan has now been part of the allotment community for six years and has since moved into her own private flat, “a really gorgeous one,” she says with pride. “My psychiatrist said I’m doing really well, and a big part of that is thanks to the allotment. It gives me purpose and keeps me grounded.” She describes the space as freeing and holistic: “It’s good for you emotionally, physically, and mentally.” Siobhan also receives counselling through Cambridge Cyrenians, which she calls a “massive help.” For Siobhan, the allotment has been more than a garden, it’s a lifeline... ## Allotment What a wonderful year we have had at the community allotment, supported as always by Whitehills Allotment Society. In the Spring, we held a traditional Beltane celebration during Good to Grow Week, which is connected to the Wheel of the Year, with the turn towards to fertility and the abundance of summer. In the summer season, we held our first Apple Day (August) where we made our own apple juice alongside Robin who runs Cam Home and Gardens in Chesterton, and a Plant Dyes Workshop led by our very own permanent volunteer Cerys. In the Autumn, we celebrated Halloween with a wonderful cook out on the fire making pasta served alongside our own allotment chutney and a visit to Darwin Nurseries where we had a tour, met the workers and animals on site, and enjoyed a festive drink in the Café. Post our annual festive celebrations, thoughts turned to the plans for this coming year, and spent our tie preparing the plots, weeding and much needed mulching. We did manage to squeeze in a trip to the Botanic Gardens Winter Walk as well as a celebration for the Spring Equinox that included a cook out of foraged food on the fire. ## Mental Health Service It’s been a busy and rewarding year for the Mental Health Service. We received 31 referrals and 32 discharges. Two individuals made significant progress: one moved into independent accommodation after being successful in the HARP process, and another was awarded an A band for social housing. Thanks to successful funding, we expanded our counselling provision and launched the Streets to Homes Counselling Service, offering support to both service users and staff across our partner organisations. Anthony, our Lead Counsellor, has done an incredible job speaking to other services and recruiting counsellors as well as counselling individuals. We have also been able to offer our counsellors group peer supervision, which is fundamental to learning and development. We were also delighted to host a trainee art therapist, Seb, who ran sessions for both residents and staff. The feedback was incredibly positive, with many expressing how beneficial the experience was. Additionally, we’ve supported four ARU nursing students through placements. Many were able to complete independent working with individuals, such as supporting them to attend new wellbeing and support groups. On the training front, I’ve been fortunate to complete courses in Graded Exposure Therapy, ADHD, OCD, trauma-informed care, addiction, clinical supervision and TRiM (Trauma Risk Management), strengthening our ability to support both residents and staff across the Streets to Homes partnership. ## Volunteers Our volunteers enrich the lives of our residents by providing practical support and positive social interactions. We continue to recruit international volunteers who support our Older Homeless property and assist our residents with shopping orders, making healthy choices, and facilitating new experiences and connections. This year at one of our supported houses, our volunteers helped a resident who has been struggling to accept and understand their diabetes diagnosis for some time. Taking the time to understand our resident’s thinking, our volunteers have helped to build a regular routine which has resulted in less hospitalisations and a much healthier, happier gentleman! Cambridge Cyrenians also benefit from newly qualified volunteer counsellors who offer their time under the guidance of the Brighter Futures project, providing free counselling sessions for those within the Cambridge’s homelessness partnership. We are also lucky to have a regular team of volunteers who help support our allotment service. Cambridge Cyrenians are thankful for all the time contributed by volunteers over past year. ## This Coming Year ## James Martin - Director The coming year will see challenging times as we prepare for the National Supported Housing Standards come into effect. We welcome the reforms and are confident that our services are already in great shape for the new framework being produced. We hope that this will take the first steps to eliminate the provision of substandard supported accommodation. We have a roadmap to reduce our carbon footprint and have already taken huge steps to make many of our homes more energy efficient and environmentally friendly. This is a journey we are continuing, looking at our working practices to eliminate waste and working with our landlords to ensure the housing we provide is of good energy efficient standard. Looking forward, we are still hopeful to develop more housing including options in South Cambridgeshire. Plans are already underway for a new community of modular housing, providing more accommodation for people who have been affected by homelessness in Cambridge. While the funding landscape is ever more challenging for charities, I am confident that Cambridge Cyrenians committed team of staff, volunteers and trustees will make every success of the year ahead. ## Summary of Accounts Grants and rents fully covered the costs of our core housing services. Additional grant funding of £89k was received for the Personal Budgets Trial, however grant income for some of our other special projects reduced and donations for general purposes fell to £40k. The loss of income from unpaid rents and empty rooms was kept down at 6.1% (£67k) of £1.09m. Core housing costs have reduced following the closure of the Carlyle Road project in 2023/24. The accounts for 2024/25 show a strong financial performance resulting in income over expenditure of £56.5k (3% of our income). This result has allowed us to build our general reserves back up to £361k which is within our target range to give us financial resilience. Summary of Accounts Summaryof Accounts INCOME Donations & legacies I nterest Rents 2024125 2W24 8.￿5 i.C89. 275.487 4430 1.073.002 2S8,185 2￿,094 I￿.069 Streets to Homegrant & thuntygrantto support residents Grants & sundry income Total IncomingResources £￿7.&10 EXPENDITURE Staff salaries &wages Rentpayable Qjuncil tax & utilities Food & household Equipment maintenance & depreciation Propeity maintenance Professlonal F￿5 Office & administration costs Staff training, travd & sundry Direct project costs Fundraisi ng consulta nts Total E¥pendlture 7S8,165 301.525 151.691 .517 7.1 i.￿6 7.TJ2 7.991 .514 15,573 ioi.ioo 21.431 L631.165 .841 L5X7TJ ## Acknowledgements Cambridge Cyrenians would like to thank all trustees, staff and volunteers for their hard work during the year: Cambridge Cyrenians Staff Team James Martin - Director Emma Hooton - Head of Services Min-Hui Bird - Finance Manager Kristian Claxton - Services Manager Rikke Jensen - Services Manager Shanice Jones - Meaningful Activities/Volunteer Manager Louisa Hallisey - Mental Health Practitioner Kayleigh Wingate - Community Fundraiser Anthony Browne - Counsellor Sheila Smith - Administrator Victoria Howell - Administrator Alison Green - Financial Assistant Anna Hunt - Trusts & Funds Fundraiser Amy Foster - Lead Project Worker Kate Duckett - Project Worker Kevin Walshe - Project Worker Rachel Savage - Project Worker Andrew Pash - Project Worker Bea Dawkins - Project Worker Katherine Rodgers - Project Worker Clare Bruges - Project Worker Ruth Hazel Wood - Allotment Co-Ordinator Lucine Harrison - Older Homeless Project Worker Lizzy Martin - Older Homeless Project Worker Mick Crossley - Maintenance Frank Kohak - Maintenance Board of Trustees Live-In Volunteers Liz Bisset - Chair Richard Robertson - Treasurer Oli Daffarn - Trustee Nicolas Sheppard - Trustee Christina Alexander - Trustee Rachel Hayden - Trustee Mariella Giancola - Trustee Helen Mcallister - Trustee Tim Cracknell - Trustee (until 05.06.2025) Chantal Bruder (Shaun) Charlie Scoones Leni Thieme ## Acknowledgements Cambridge Cyrenians thanks the following organisations and individuals for their support: Barnabas Oley Trust (Clare College) East of England Co-Op Community Fund Albert Hunt Trust VCSE Energy Efficiency Scheme Streets to Homes Innovation Fund National Lottery Community Fund- Awards For All Cambridgeshire Community Foundation Cambridgeshire City Council Embrace Cambridge Cambridgeshire Police & Crime Commissioner South Cambridgeshire District Council Henry Smith Charity Evelyn Trust National Lottery Community Fund - Reaching Communities VCSE Energy Efficiency Scheme Socktopus The Liberation Cycle Sustainable Tech 4 Good PEM Accountants City & University Masonic Trust Partner Landlords Cambridge City Council Cambridge Housing Society Peabody Trust The Dawe Trust Metropolitan Thames Valley Housing Chorus Homes - Places for People Thank you all for your continued support Cambridge Cyrenians 3 Signet Court Cambridge, CB5 8LA Registered Charity Number 261994 Company Number 992199 Tel: 01223 712501 Email: office@cambridgecyrenians.org.uk Web: cambridgecyrenians.org.uk Find us on social media: @cambridgecyrenians Report of the Board of Trustees and Financial Statements for the year ended 31 st March 2025 Cambridge Cyrenians Limited Cambrldge c￿en18￿5 Llmlled is a Charttal￿ (ompany lirnitad by guarantee I￿[eX lo tha Fln8nual Statemenls Page Legal and AdMTh)18trat￿e Information Report of th& Board 01TrL￿1ee$ Report of the Audllc Slalemenl of Financial ActNItFes Balance Shgel 10 statement ol Cash Flows Notes formlng part of th8 Fin8nd81 Statements 12-17 Cambridgg Cyronlans Umlt9d 1￿Mited By Guar8nt#èl Report of thè Board of Trustaos for tha yaar 8ndsd 318t March 2025 The Board presonl Ihelr report ard audleil ftnandal slatem￿ts for the ￿grend￿j 3181 MaiGh 2025. Cambridge CyreTrians LimKed is 8 (*prit8bJe comFHiy IJn't￿l by gLPtan ee and is a thgliiy registered wSth the Charitte8 Comml$$lon. REFERENCE AND ADMINISTRATIVE INFORhlATrON COMPANY NAME". Cami¥¥￿9 Cymlaro Um1t￿l COMPANY NUMBER: 992f9g IEnland & Wths) REGISTERED CHARITY NUMBER: 261994 PRINCIPAL OFFICE 0￿j REGISTERED OFRCE.. 3 Slgnet Swanns Road Cambri¢SJe CB5 8LA DIRECTORS AND TRUSTEES- THE BOARD OF TRUSTEES E BIss8t R Robertson C AJex8rKler M CrKkne J Daffam (ja￿da R Haw1en H Wallisbi N Shgppard Chalr laptM)Int8d 2710*2C251 lappoint6d 05rJgr20241 IFE*red 0510612025) {apFdnted 22107120241 (ap￿Inted 2710W20251 COMPANY SECRETARY: James Mwkn'n Thg day to ¢Jay managomenl ofthe charity is d8bgaie(t by Ihe Both ofTntstees to James Martln. AUDITORS.. Prantls & Co LLP charter￿ Acc¢)tmtants & S121utory Audttors 115c Mllton Road Cambr*Jge GB4 1XE ANKERS.. Thè c￿operatiVe 1 Balli)on Streel Manthest M4 4BE Pa￿1 Cambkldge CyTenlan5 Llmlte41 (Llmited By Guarante0} Roport of thg Board of Trustees lor tho year ondad 31st March 2025 The Twslees present Ihelr annual ieKX)rt arKI audiled finan-lal statements forthe ￿3T ended 31 March 2025 which are also prepared lo meet the requ1￿MentS for a directors, report and accounts for Companies Act purposes. The financial 5ts1emenls coTrply th Ihe Chatities Act 2011, the Companies Act 2008, the Mamomndum and Articjes of Ass(￿alOn and Accounting and Reporthg by CharilEs: Statement of Re¢tsmmondad Practlca applI￿able tr) chariti88 proparing their attounts in accordanc8 with Ihe F￿￿￿121 R6POrting Standard 8pplicablg In the UK Rèpubllc of Irdand (FRS1021 (upjaled October 2019, eff8¢llve 1 January 20191. srRUCTURE, GOVERNANCE UANAGEMENT Governlng Documgnt Cambridge Cyrenlans Limited Is 8 charitable wmpany limttod by gu8rantsa and Is a wisler@d charSly govem8d by ils Memorandum Bnd Arbd8s of Association. In the event of the tharity beiFW Wotjnd up mèmbers are required to ¢ontribute an amoulll not 6x¢eedMg £1. Re¢ruitmon* and Appolntmenl of Trustees The di."8clors of tha Ch8[￿￿￿ c - dlsdose the Aumtrér of slaff In re￿191 of Eeo.o(YJ and above {note 2 kn Ihe a¢xountsl - di5d05e pensbn5 and oth¥ b￿erits (note 3 ID the a￿A￿ts1. OBJECTIVES AND ACTMTIES The obleGts of the charity arè the ￿lie1 of powty. si-knesa 2nd ow age arvj ki part￿￿1￿ th? of hotlleless persons who are in arKI regul￿ 3SiiStancg fft athiewng 8 mre settled way of1rf8. Thb i8 raJrr8ntlydon& by pm*dlru supixrted hcu*Thg for95 IrvJNKlual and women in s￿￿1. resKfenllal, ¢ommunity hou$85 wNGh respond lo Ihe ￿dS of hoJrElesy people. Camjrfdge Gyrenians ako orovides addlllonal support lo those who are I￿rn-￿¥s. or vulneraola tts homoles3nB55 bw4u$8 dtheirmental heallh, or dd ￿e. By bein J fle￿b￿ arvj InFM)vativtt cam￿￿ge C￿81¥￿615 dbkn to tespond to 1￿Chang￿ eds of hoT¥Ele55 people. The objectives for Ihls w wety to ¢ontlnue alld deveknp Ihe supwrt8d a¢¢ommcxlalon wvKe subject to sol￿factoryfUTrIlng aFrangernerrts. The speafk oble¢ttv•s foT thls yearwer8 to a¢klre&8 Ihe kay PFitsths setout in the Bu51r￿S PLgn, Includ¥yJ: . Secure c£intinLed lunditw foTOUF (XdorHomde5s Floaung s￿pport seT￿ DelNer the &￿5*h￿ Business Plan . Expa¥KI tsuT student plac8rnenl prograTh%. We have refBried to the guidar￿ contsffted IA the Churlty CorNru55ion's generd guidance on publlc ￿￿er11 when r￿￿n9 our aims and oblectves. Tha mlr> $lr4tgw used lor aChIe￿n0 tht obpcbves was'.0 Ma￿taIn a close ￿rkiry r?kI￿*shIp wl caMb.￿e Cjty &￿I￿Al, C8rnbrid9eshire County cou￿11. and othBr partner 8gendès and furKler¥. The rnost Si￿1￿￿￿1f8&0r whlch cxJnln7Jutsd lo the achloven￿l of Ihg oy&Oveg i¥&S I￿ full Gommitsn8nt of staff, vohjntoors and Tru$tegS. The charity benefits from volwl8eis WI￿ $UPkKVt the Ghatity and Is in a variety ofvffjs. These include lull-time, pwn volLtnteers ¥e r85potsibb forth2 dayto day tunnw of tsvts tsf the Iiouses. And then thère are those who Support the organIs8￿On on a Part-tin￿ basis, wovldlng ad￿￿trative arxl fundidlsing supyort, andwhose frdp ¢s inydluable. ACHIEVEMENTS, PERFORMANC£ AND PUBUC BENEF The mah are85 of Charilab￿ 8clThiiiyare Eh8 pT0￿8t￿n ol suppc*ted aCCA)mn￿￿￿orI forslngh), hL*neless Peop￿ In Cdmbridg8. 8t8ffiw these with resklentbd volunteets suwrted by 5alaiièY slaff. ar88 of actpAty Is ol s￿nIfIcAn1 publi¢ benenl to ￿1b tlvjso a5Ststed arNJ the WKl8rconMnunlty. Dwlng the yearwe.. + Se(%Jred cw flrsl slo for rwdular . Developed a net 2tsro roattrnap, EmprO￿ng eneTgy offlL#8wme&sureG in Eeveral of the btlding5 we use for housing . Expandeil our Bwhter F￿￿1￿$ ￿￿senbg k) the Streets b Hon*s netwo . SucGessfvltydelivered C¢Dtro for Homeknsne8s Impact Petsonal Budg6ts Trjal. P4ge 3 Cambrldgo Gyrenl•ng Ltmlttsd I￿n￿t91 ByGuannwl Rwrt of th¥ Board of Trust885- ¢ontinuod foy theyear 6nd8d 315tMarch 202S FTNANCINL REinEW The Bo*d of Trustee5 conslderthèt the Fewltslorthestar(aod figutts foT tho prath yqg¥l and flnanGlal posltion ara Bat￿laLIt￿y. The &at￿#t ol Flnarthl A¢LivW¢s ISOFAI 8huK a forlhe ￿rOfE￿.9￿ on tho unrEstrkted luTh18 before 8dding back ax¢858 funds trom the de￿OrtAt&d r88arve5. Festrfded knnds Ih8re v¥d8 an ￿c￿E$ of expendklLwe over Ir￿Me of £10.4&fj demol￿tralI[￿J fijdlw S￿n01￿ ofourfijndlng re¢eived th athance. Th6 c&%h balanL* dllh8 dwltyat 31 MaTh 2025 was £301:614 wllch £53.406 hlgh8rl&wTr otffi8 beghnlng of ytar. Nel ￿[rent ass8ts Iwea89J by £53.428 durhig ihe yeailatwy ￿c4￿se of I Increased cash b818rKp ond th8 Of￿￿￿1& The fr8• rèseTV88 hdd at 31 ma￿h2O?5 wa8 appro%lma¢8ly£331k. PRINCIPAL SOURCES OF FUNDS The ￿u[￿S offun(fjng ar8 Y8nls, trkntsiny BÉ*rnefft¥ThJ Rdat8d sUpp￿t￿ant forlh8 SU*¢#ted accommrxlatlon. These aoffvltltss 8rE fvrthersupported lyrffvndr￿sl￿ and bywls from 0￿erory2r•L￿a￿l￿ and thd1w￿8i8. The5B irtthd8 Ca￿1bridgeshlr￿ C(xJntyCoundl, c￿n￿¥￿e Cty cour￿1. Soulh Carnbddg8shliÈ Dist￿ CO￿n￿l, Good Grfts C£tsloguo. The NaMoThal LolteryCr4T¥nMltyCrt CamtMtyINre Comniunity FoundatNJn, The Co CharitAIA8 Trust. Clare College. F(t)o and Country FoundafjoK, HTS EÈtsteÈ, 8amabus (18y TNst, Evalyn Tnrnt, bért HuntTrustaTd th Her￿ Smllh cfÉth. INVESTUENT POLICY Any iDve51Jn8nts made tylhe chtyY*È ￿ rasFxxthlSty oflhe Board ofTrusteo& Cmnuyno speoflc Invegtrhants are held and surplus held In Ihe thtx)slted In Inletgst, dews accounts. RE8ERVE8 POLICY The Bu8rd has H POil¢yof U[we￿￿ fund5 cllhè t*thtykn wrè tFoyare a($8quate for the rf5k5 to whichthÈ ¢h2rty Is exrx3sed. Fdlcwlilg ky1he CherlU86 Comm$lon a n Methodologyhas been devebped **ich takts IT￿ aLWJrt the sRe. c0mtye￿ty ofa¢lfvlUÈ$, ￿al siructL*e, the nalurè offunds reeeivatle and w0￿r,g Cèp￿1 neads a￿1 inv85tmenl plans d our tharlty. Wllh tBnts reL*￿able, main knr¥xne. I￿ng I￿ety seGJre, tha Board feets R59tvas In a rang8 of fb￿k to E395k ts apprcwate. UTriestrlcted funds anountrg to n91k have iEen d88i•Jl for Ihe Dffice pIe￿sts. Thlswlll reduce e8ch SEarlt) Ilne w41h the P￿s￿n far depredaoon. A131 Mardi 2025 uTrJesi9naled unresta¢led resetves a￿￿u￿..Ed lo £361kwhich is YAhln the tawe lettb bE approF4iate. FUNDRAISING POUCY The charfty$ 8Fproach to finThlraldng proJressgd *yl b rKff••o (JJmt#)8fjon of communltyervJÉyement and 8ppllcatKthS to wanis and INsts. TIE ￿ts￿ty0[ ourfL'ndraiseii IntsxThe cL¥ne$ from publle tdles, Irusts. chavllable oty*lsalKffl$ and Comp￿les. The a tmfe85kna fundra15n¥ Wn$ultantk>as￿8t in lorthese funds a￿$ an PIn￿oyed CoTnwunSty Fu￿£raIser.thJ awaty iN(knm8ntwah wmrnuNty qvents and engag8s the pulAi¢ in donaling ar¢J fvndrai5kng forlhe ch8rf1y. This a￿l￿ty b ts)nducted in unv11an￿ vAth the Regvlaiorfs C£Kle of FutKlr*lng practi￿ and o 14oard ovvsses ourapwo?¢h 10 en*Jre that(H[rf￿￿￿skng woteds ￿lnerable and wmplie8hlth the guideliw ofthe F￿d￿S[￿ Regulaknr. PLANS FOR FLMIRE PERIODS The ¢harlty to condnue io provkje Ihe supptsl seNt& atlts tore. Subj￿ to seujmg 8uffioe¢)I IdndiDg. More swficalty Gan*)rfdge C￿en14nS ¢rtet¥lB to., . knpkment our netzero K*dmap to wryjrove wienergy effldero and c8rlxJn.￿tPIknt . SecuTe properiies in South Cambr￿￿eShI* in line ￿th the Streelsto How ￿￿11￿( . D8vdop ourmodul8Tl¥wrw w¢."eclat Kkngs Hedges Road Paoe 4 tambridgo Cyrnnlons Ltrntted (Limttad by Guar8nt•o) Rgport of tha Board of Trustg8$- Contlnued for th¢ svar ond¢d 31st Narch 2025 RESPONSIBILITIES OF THE BOARD OF TRUSTEES The ¢harity trustees (who are also the directo￿ of Cambridge tyenlans Llmlled foi Ihe purposes of company lowl arg responsibte for preparirg a trustees, annual report and f naioal statements in aG¢ordanc£ with appllcable law and Unllad Klngdom Accounting Standards IUnit&d Klngdom G8neraltyAccepled Accounung Pra¢ticel. Cornpany (Sw requlres th2 charity trustees lo prepare finandal slalements for each year whlch glve a +rue and falr view of Ihe state of eff3irs of the charilable wmpany and of the incoming rasour¢&$ 2nd app i(ation of msource5, InGludlng tha inwma and expondilure for that per￿. In preparing the I[na￿l statemer¢ts. the truslegs a￿ reqUI￿j to.. • 80lecl 8Uitable accounb'ng policios ond then apply theTr consistenuy, • observe th* molhods and prtn¢lple8 In the Charities SORP, make ludgoThnt8 and gBtimales that are reasonab￿ and pruden¢ stale whether appli¢gbl8 UK *courting standerds have be&n followed, 8ubiecl to any malerlal dgpartures di8clos8d 2nd explained in 118 finan¢lal Statements; piepare Ihe financial Staten￿nts on the going coneern basis unkss r( kq iiarprr)priale to presume that the charity 11 conllnue in buslness. The trusloes are responslble for keeping proper accounung r8cA)rds that discloss wth tpasonable a[￿u￿¢Y at any Ilme the fin8n¢tal p08iticin of the chapty and lo enabb *iem to ensure that the financial statéments Compty vlth the Companles Act 2006. They are also rosponsTblg for safewa¥¢Jing the assets of the charity and hen￿ laklng reasonablg steps for the prwenlion and detection of Iraud and atheT wregubJil,es. Memhgrn ol thg Board of Trustees Members of the Board, are directors for the Purpose of (xjmpany lawand tnjstees for fha purposes of charlty law. Those servad duTing the year and up to the dat6 of this retmyt ate set out on page 1. 3TATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS 'rhe Member¥ of the Board of Trustee8 of the Charity vtho held Offi￿ al Iha date of approwdl of this annual report oonfirm Ihal.. So far a8 we are awa￿, Ihero ts no relevar,t audit inforrJb31":on needed by the Charitys audllot In coiineclion wlth preparirkg their rewi, ¢)f whlth. the CFiari¥s auditors are unaware.. and They hav$ taken all the Steps that they ought to have taken as menber5 of the Board of TNslees In 0￿er to make IHJrsefves aware of any re￿vant audit Inf¢rma130n arsd to establish that the Chartly's audllors are aw8ro of that Inf0m￿tion. AUDITORS The auditors, Prenlis & Co LLP. wll be p￿PoSed for re-appolnlmenl in ac&xdan¢6 wlh Sg¢tion 458 of the Companies Act 2006. The RgPI)rt of the Board of Trltstees has been prepaipd in acwidance vAth Ihe spe(xal prov¢sions tsf Part Vll of the Companies kt 2006 relating lo small companies. ON BEHALF OF THE BOARD OF TRUSTEES: SecT8tary.......... James Martln Dated: oldog / 20 ZS. Page 5 Cambrklgg Cyranians Llmitgd (Llmlted by Gu¥dnteo) Indgp8ndent ALKlltors' R•port to tho Members of Cambrldgu Cyrenians Umitad forthe year onded 31st Mareh 2025 Oplnltsn We have finarvl statemEnts ol Cambridge Cywlans Lknltd forfv year ended 31st March 2025 whleh comwis¢ Statthnent ol Finar¥Jal Aththes, BaL4￿ Sleet, CAsh Fknv Stat8ment and noies to tho finanelal Statetpents, includlng a summary of slgnlncant w4ldas. Th8 fi4anGial regortwig fr8MewO￿ Ihat has been applièd In Iholr wgparalion i5 appl￿18 Lgw and unit￿ Kingdom Acy>)unfing Stsr￿ards. Indudlllg Financi81 Rep)rting standards 102.. The Financkql RepoTUng S18ndard appli￿)￿ in thg UK 8nd Repu￿¢ ol Irglgnd (United Klngdom Generelty Aci*pted Accounts'ng P18cttcel. In ¢)uropinlon, the ￿and#1 statements: glve a true and lair vlw of the 8lalè ol the Chgpty* affairs as at 31st Marth 2025 ol fts Inoomkn9 mourc4s 9Th1 ap￿icatiOn of reS￿r￿S for the year then ended.. hqve begn prOp￿Y prepared Sn Urnte￿ Kinglorn Gener￿ty ACCep￿j Acrx)unUng Pre￿¢0.. . have been prepared in accord9n￿ with thè r6quiremenls ofthg CUnpafi￿ Ael 20L￿. Bo$ls of Oplnlon We conducied Dur a￿lIt In aco)rdance wlth Intemalional $18ndards co Audkng IUKI IISAS IUNI and appllG8We law. O r£spDnsibilltles under those standards are fvrther dBscrlbed in the AKlliorf8 reSp￿SIbl iti88 for tho audil of the f1nanci31 ststomant3 SBGt1￿ Df tyji report. We art Indtsptsndont of thè Charity in acmrds￿ ￿th ethi(xl wuirenwils thal are relev£nl to our audit of Ihe flnanCI￿ statements In the UK, ndudlng the Fqc's Ethk81 $18ndard. 8nd we have luKi118d our other othical responsbi1it1os In acta¥dar*o wlth thes8 F￿11reMents. We believe that tha audll ev(d8nc8 we hav8otrl61 1$ surti&eTrt and approprtate to pro￿de a tiasls for our oplr.lorÈ. C¢)n¢luslons rolatlng to golng concern In auditlng the flnan¢ial 8laletnents, we have 1x￿d￿ded that th8 trus1￿, w oftt* ookng c£nc&m b&8is of ac4ountiw In the preparation of the fnianrAal statements is appropitate. 84$ed on the wuk w8 hav8 pttrf0m￿d, we have not hJGntifi8d any malwlal un¢*rtanties re￿tIng lo ev&)ts or condthorns thal, indlvidualty or coledively, r2st sÉorKfy%nt doutrt on ￿ Charitls abilily lo contin¥e as a going e￿o￿n for a p¢rKKI of at18ast t￿￿ve Mott￿ from vthen firanoal slatemert5 are authori88d for i55U8. Our re8ponsibllilies and the responsibl",itses of Ihe trustsgs ¥Ath rosped of eoncem are de#￿1￿ In the relevant sections ol this report. Olhw Informalipn The tNsta8s *• r8sponsi1518 for1he other Ithmati￿. The olher ￿fOr￿st￿On comwise3 tre oiformation Indudad in th8 annual réport othei'lhan tre flnanclal stalemen15 and our Auditors rU￿rt liergn. Our oplnion oi tne fITha￿al 5klements (k)es not over 0th4r inlomiation and. except to the exlenl Othe￿Se staled ￿ our reptsrt, we do not express any form of a￿Ural￿8 y%ondLslon theretsn. In ¢oMecOon with our a￿lIt of the financi31 statemenls. our reswnslblltty is to T8¥J thè other informa¢bn aThl. in dolng $0, consld8r whether the other infom)aifon is mat8rtally Incor¥8Bteii t vAth the fii8wal statpments or our kno¥￿edgE obtaln8d In the audlt OT otsNIs6 aPPQ8rs lo be malerialty mwlat8d. 11 we tdendfy material inconsis16ndes or malartal mbstatemenls. ￿ are required to fonnBtion 8nd explan&ttons newsary lol ItrE pJry)Dses of th8 twsleÈ8 wBre not •nl¢led lo prepaTr th fin￿[￿5.. staternBrt8 in axordanceth t￿ $rn￿l rtyime 8tMI leke Bd￿￿1￿0 ¢fth8 amdl (xwnpankn exempl0￿ In F¥ewlrwJ ItustÉes' ltr￿rta8 from the rewrrt * prep8re a str81ty10 R&spoknylblltt185 01 tho truste85 Asexpfaln8d fully In Iiuslee#' r*wn8￿l￿1IeS sl8t8menl sgtoul on rw 5 ts bvstB8s are reswm51bk for the preiHr4llon of fin8nclal sl8tementS 8nd ltsr LElngsBIL4fiod that theygfve a I[Uea￿ falr ¥le*i, ￿ for such Intwnal ntrol as d8iwmlnÈ ￿ nece￿8￿t0 en8bkn Ihe offinanr4al *tal￿ that from Trobrfal mlsstatemont, vthath6r duo to fraud cr￿. In prepadffj the llnandal ststoments. the INst￿ ate Ic(a88•8dro thè a￿lty101￿￿1I￿ as a otslng G￿rem, dsdoslry. As 8p11￿tle, matteB rela￿ to gdng concem qnd Ihe OrvJ Car￿￿M basL% (h. aGwunting unl8SS th6 ItUEleeB 2Slher Intend to Ilquld•l8 th8 CthrNyor i? IEaoeoFerallJn8, or hllvo M re￿ISti¢aMe'natl￿E b￿1 ¢0 do SD. Audltors. r•spcn51bNllle8 for th• 8JJdtt ort￿ Mb￿01*1419M8nts Ow Dbl&G1fv83 ait lo reasonable a5SUtanc6atrA)ul thè tharval stabmts &9 8 free from m8terfal m155l£lerpenL whelherdue lo fr￿d 4X etrtt, and to an Auows rpwt thal Ir￿ ReagonaNa assurarte IB a high ofa8suranGe. M It not a wrgniee Ihal an wdil valh ISA8 IUKlw411 aws detect a ￿8S￿leMan1 ll 8x1st3. ￿510¢WnBnts can artye Irorn fr•¥J Or*r￿ Brxl a￿ wnsidered ma¢et5al il, irxlmdually LY In the a￿regaI$ thay co1￿￿ reagomlty be eyected to INllJÉ￿e dedsw)Ns ol laken ￿ Ihe basks of thÈse stglemonts. Irrawlaiil￿S, incI￿1￿g fra￿￿. I>￿￿te￿ of n¢¥FCDMpuan￿ la4E artd rwrfaliom. ThB Wtnary E¥spon￿bThIty frJrlh8 prevfymion ond delecllon ofliwulariti95 In&￿Ing fraud rests with both Ihe rnanagement a)d Ihc6e charged fftmar..r ol th¢ charfty. We des￿￿ed pro¢erJure6 kn¢ rO5pon5itJl,Il￿9. oulined knwts. lodèiacl materfd mi85t8t￿8n￿ ir rospecl of I￿Sgu￿￿￿eS, h)ClLPJfv￿ Iraud. Th2e¥ienl owwc¢thtvs we (¥pabk ofdetOL*ry IrwLI9r"IUeÈ, tsludiry frttud18 d&tsilad beknw.. WO have ¢¢>Th￿dèred Ihè Aaiure ot th6 ithtyaThl ¥e¢ti*, C￿1rD1 erthryment. regdgtion5 aThl pwf(Th*e£. ofiiie chadly, Inclu(Iw Ils te￿￿vraIl9￿ wlldes. LgWA 8T￿ r&gulalk%ts tr19￿1)d, ware ntst Ilinit￿ to. Ihe Companps AL* 2W6. FRg102. CharitySOFIP UK tax¥tk￿ ￿"S19110￿. Wa havg enquupd wrfh man8gemenl in regards to *J**own as585Thnt olts iLsk8 oflrfegulortties, IT¥1￿1Th9 fraud. We aly) enqUIr￿ o,, managemÈnl an(5 those tharged governan￿ 88 to 8ny of wspecled non￿[￿FIl￿nc¢ thllh r8gLda1k￿. We have ￿t￿ned Ye￿want d(￿￿1￿1￿ arKJ repr£senlalkw In ord8rto fomi on pote￿￿ lwulari11Ég. ITH￿I[vj fraud. We Cons￿er￿ th opwrtuTrrftes and Incettlves that mayexbt wthln the otg¥4satk* frrfr￿￿I. BHsed Ihlg underytantllNJ. deskJNf swrlficaudN Pr￿￿￿eS lo kknllfy i[th￿S tf r*>r￿phar￿￿ wllh aDd regulation4 including obtainkng additional o)rroborattwe ¢¥fvJr*nce as rpqU1￿￿. Exam￿8 of Included large Ènd unuswl t"SJlSaCtioM, reVIe￿Ing18rgO and VaFt8rtes. re¥1￿ entrie5. and reMewirg kgal Co[re5pondÈn￿. Thsra ¥0 Inhsrani Ilmll&llon6 In the s￿￿11 destrtbed ab)ve. rKI ￿t a5 Sarn￿1￿￿ un(kr Iniemauonal St4ndardÈ Audlllng. thcrBforo not am It3￿58ClI0￿ are rewewed. ThL% Mea￿ ttwe b a It8k￿ wl ncl d81001 dl irregularit￿3 induding tIK%e loading le a mat¢rial misstatement In IhE f￿Hn￿a15181e￿ents or Wlh t•g￿￿tIo￿￿. The risk of nol detBcting a mat8d81 mlsstÈlwn8nl du8 Its frat￿ Is e4,50 hlgf.er Ih¥ry the rgk of ￿￿. dtslB¢lSng￿ ￿u1bng Irom @trof., as fraJd may invofve deliberele ¢oncealmenl by, f?rex8mplÈ, fwgpry. omL%sTh. fxknlen￿(￿l rrtsytrwntat￿. Cambrfdgo Cwo￿an$ Limlt8d ILimlt•d by GvarAnteel Indepgndont Audltors. ROPDrt to th• Manthrs of Cambrfdye Cyr8nlans Limlted lor th8 yaar èndèd 31$l March 2025 contlnuèd A further de8￿PIlo￿ ol our respons:Mlttes for Ihe auolt of the ffinandal statemants Ès located on the Fkn8nci81 R8POrting Councifs web511* at.. wM*.Iroorg.uklaudttcryesF>onslbilili8s. Ihk desC4irA1(￿ torm5 part of our Report ol the Audllors. Use of our report Thls reportls made solely to tho Chartys members, as a b(￿. in 8(￿ordSrtt vith Chapier 3 01 Part 16 of th8 Companles Act 2006. Our audit worf< has b8en underlakén so that we mightslate lo lh8 Charitfs m8mb8TS th0$8 matters. we arg r8qulr6d to sta18 to them In a Re￿rt of the AudltoFs and loi other pUry￿e. To lh8 futhost èxtept wmiltsd by law. do r¥)1 accept r)r Assume re$pon$lbilty lo an￿e other Ihan the Cha¥ltl$ n￿MberS os 8 body. forour au(btworK forthis raport, or for the oplnions we have formed. lan Shlpley. S8nlor Statutory Auditor ror and tsn behalt of Prentls & Co ILP Chartered Accountants and Statutory A￿lh 11k MIAon Road Cafflbrldge C84 1XE Page 8 ¢ambrtdgo Cyiwilans Llmlted ILlmit&d By ￿ara￿l 8tst•m•nt of Flhancfjal A¢tMtIès Ind￿10￿g Incoyr* Exp8ntHtureAccoiknt fortt￿ yoar Bnded 31st l13rch 2025 Ttst Fun Y8£rend8d Fj￿ 3121025 31,32024 ¢om Donatlons legrycle Ch&rlt4bl8 qctlvkl89: Néi renla l?corne of houskng woieej 8tre&L% to Hom89 contract fttsupwt crf resk1ents Grants fityr ChgritaU8 Soure LoG&I 8tlhorily home4es8n93s gr4r 8undry Ittr￿ linrj. tsl of Liwng 5￿ppOrtI I.(￿.845 1.0&9W 1.079.IM)2 275.487 269,6Y4 14.000 1,079,002 2af8,185 161.044 275.487 259,6S4 14.OCO 258,1& 181.044 41.390 44.0 549.181 1120 392 421,88Q 1542.281 Inv88lm8nt Sncoma 4,430 4,430 Total In¢ome 1.130,8 556.784 1MB7 e4Q 1.166.825 4￿.244 1,590.069 endlture on.. Costs of raiswig funds Expendrture on Charit8Ne Ar.fvitks Total Expendliuro 60.156 988.4TI 6C.,156 602.532 1M1.t 45.290 999.019 45.290 1.479.483 I￿,464 1.1)28.&i8 602.532 1.83f.ff65 1,C44 480.464 1,524.773 Ilet movem8llt In lunds Trdll8fK bolw•¢n fund¥ 102.ZZ4 135,2&11 145,7481 &5,253 56.475 122.516 130,%51 1572201 65296 t2 110,4851 56.475 91.&fj1 I262￿) 65.298 st sum deslonated ￿0111¢8 wemiae 8,3YJ 18,3201 8.320 18.3201 75.2 18.3201 I10.4￿} 56.475 99,871 18,3201 I262￿) 65,296 ReCo￿lI1at1On of FundB'. Total Funds braughl fiwdrd 285.￿ 399.047 723.06e 1&5.fm 407.367 84594 657,770 Tofal Fund$ ¢•rrlgd torward 3EO ge￿* 390.727 27￿54 779￿41 2B5 68D 399.047 38 939 723 066 Th& $I018n￿￿t01 ffn8ncHI actN￿lI¢S I[￿1th dl gaIT￿ and losses ￿ theyear. Al ￿Ky)Me ar¥J expendbjre derf¥￿ are from aclMtk¥. The SUfp￿s for ￿MpanIeS Ad £56,47512023r24: £6&*1 The notes on pag95 12- 17 form part olthesp fjlatewls PÈg8 B Cambridy Cyrnnlans Llmltgd {Limlted By (￿arant89} Balanco Shaet at 31st Mwch 2025 31 Marth 2025 31 March 2024 Note8 FIXED ASSETS T￿gIble Flxed Assets Total Fixed Assets 418,023 421.070 418.023 cURRE￿r ASSErs Debtors Cash al Bank ond In Hand Total Current Asyots 167.424 301.614 469,038 104,667 248.208 352.875 16 CREDITORS: Amounts falling du6 Within on8 year 10 110,567 CURREKfASSETS 358,471 305.043 NFf ASSETS 779,541 723,066 THE FUNDS OF THE CHARttY 12 unTe81￿cle￿ Furvjs Undeslgnaled D¢S￿nated 360.960 390.727 751.687 285,680 399.047 684.727 Restrfcted Funds 27.854 38,&39 TOTAL CHARITY FUNDS 779.541 723,066 The accomts have been pr8par8d in accordance ￿rylh the provislong of the Companies Act 2006 appllrAble to charlde5 sublecl to the small (x)ryaries ￿gIM Approved by the Board ￿ Tnwlees 4 f.la 2<2> Signed on bghalfof Ihe Board ot Twstees R Robert Treasuror CA The not&8 on pag@8 12- 17 fomi part of these finaneJal slal•menfs Pa3e 10 ambridgo Cyr•nlan$ Limlted (Limitgd By Guarant99) ststgmgnt of Cash Flows lor th8 year énded 21st March 2025 Year ￿ded 31.3.2025 Year end 31.3.2024 Notes C88h flow from operamng acttwlies 15 67.456 46.801 Cash flows from Invesknng acfMle8: Inl&r6s1 irKomo Purchase of tdnglbltt fixed assets 8.905 (22,955 4,430 Ng1 cash pro￿8￿ byllused in) Imie8lkng atknties 14,050 4,429 Increa8ellDecrÈ8soI In Cash and Cash EquivaEents in Yoar 53.406 51,229 Cash and Cash Equlvalents al Beglnning of Year 248.208 196,979 Cash and Cash Equivalents at End ofyear 16 301.614 248,208 Pag8 11 Cambrldgo CyTenlaM Llmlt {Llmlted By Guardntee) Notes fomilng part ol the Flnanti81 Stalemants fortha y8ar 318t Plarch 2026 I. AGGOUNTING POLICIES Cambridge Csrenian5 knmited is 8 thariiabtè company limited by gJwantee. The a¢xountin9 poIIGles aro lis18d balow and have been ap￿18￿ u)nstslonNy throughotrt ￿ year and in the preceding pwlod. The pre*èntath)n ¢wMcy of the $tat8mnts is the Pound Steffjng (£1. lal B#$ls of a¢countlng The finandal siatemenls have be8n prepared fb attordarKe th A￿XIn￿ng and R8wtyro by Chadties.. Statement ol Recommendéd Ppactke applicab"e to charlties FrwFvJ th8lr accThints In accDrdaTrce wlth th Finan￿al Report#ig Stsndard appliixble Sn Ihe UK RepubTrc of Irdand IFRS 1021 Ilssued October 2019, effectwe 181 January 2019)- (Charities SORP IFRS 1a21}, the F￿.anCIal Reporllrg Slandard appllrable In the UK and R6puDlicot Iraknd IFRS 102) and the Compani86 Act 2006. c￿bridge Cwenlans Llmlted mee15 the defin",tiDn of a puDlle 8ntty under FRS 102. Assots and liabblitTes are ini1181ty recognised 81 h55lorkal c05t or tranwlion value unless ollwisg slated in the relevant accounting ￿lcY nole(61. The Trusto8s conslder that there ara tnaierl8J urbcertsinlles ab(￿1 Ihe Ch8rf1Ys abinty to cLsnllnue as going ¢onc8rn. Ibl Fund accountlng RestrlGted funds are subl8Qt lo the limitatior￿ on ther use Spec￿￿1 by th8 don<)rs or oth& pioviderB. Unreslricted funds ai0 8Yallable fc* use al ¢hB dlst¥etiLn of the Tr4JsloÈs In f￿fice oflhe gw)erAI ableclfv88 of the Charlty. (cl Incom& All inGame is irKE￿Ied In Ihe Statgmenl of Flnanclal Ac1w1￿ the Chwlty15 entiyed to the incom$ arK( Ihe amounl Can be quanlifled vAth wonabie a(wraGy. The folbving spgdflc pofiaos are applied lo partlwlar ¢ategortes of kn￿r￿.. Volunlary income is re￿N￿ byway ofgTrnts. donat¥)ns gifts and Is I￿￿ded in full In th8 Statem6nt of FlnanGial Acllvitss when r￿vabl The value ol gervice5 pfovKled by votunteers been Ind￿jed In these a(thunts. Investment incomo is ty1dud￿ when receAvalJe. Inc4)miru resourc68 from ehariiable a<￿￿tY are actr&unt￿l forwhen eam Idl Exp£ndituro Exp8ndllure. is recogntsed on an accrual basis as a liabil.tyls incuTr8d. Exp￿￿re indudes VATwhlch cannol be fully r￿vered and is r8POrted a8 part ol the 0xp￿tIt￿8 to which rt relates. Co￿8 ol generallng fiinds ¢(tsW￿$e the cogts assoda18d wlth altractllig v(4L'ntary in￿me. Charltable 8xpendituTe compmses Ihose costs Incurred the Cha￿ty tn thts d¢fvery of Its aGtiv#les aThJ senlce5 for tts ￿neffiG￿￿e$. 11 includes both rA)sls tha: can te alkM2tad dIr￿llY li) sud) aclN(ttes and thos& oosts of an indirect n8ture necessary to suppor. them. Qovemarice cost5 Include Ihose costs a¥sociated with Treetiro the c￿stibj1￿*l arvj financ4al stslutory requlrements of the Chaty and include the fèés arrfl ihe costs of pTw?￿n of 8t8tements. l G￿lS are allocated bglwe8n eXp￿ditUr8 Categories on a basis d6sSgned lo refiect Ihe use of Ihg re8oufGe. Cost8 relatbng lo a partlculgr activity are albCal￿ threcily, otlws are ap5)ortloned on the the basi8 of 5t¥-ff lime spent on the actiwty. Page 12 Combrid98 cY￿nIanS Llmlted (Llmftg(t By Guoranto91 Nolps. G¢xktinued, knming partof thg FIDanclal Sfatsmwit• for the year èndad 31st March 2025 1. AcoouKnNG POLICIES (continu￿) lèl FIx8d A55et5 The Charity has a PKlicy ofwTiting off any￿pIt￿ *tems whith rosl kn5$ than £5,[￿. The oflhe Charl¢￿$ actlvltle5 meéns SSJGh ilerThy bave 8n avwag8 us8fuJ lifo of I￿$ than ¢￿￿ W. n6predatson Is P￿vkIe￿ ijn all 18rgrt>￿ flxed assets aE ral8s to WTite Dr the (x)sts lsss 88Umeted resldual volua ol 4ssel overits expedal useful frf¢ a$ folloM¥.' Equlpment 25% St￿h1 line b SOf￿are 10% straight line tad$ Vehkles 25% 51raight line Offl¢e Bu1￿(ng 2% straight Ilne ba51¥ Leasèhold Bulkylros Str8frJht Hne basts 0¥8r IW of th8 11) Op•r4tlng L&a$es Rentals appll¢abla to le&fes. v4herB wb5t81￿8Ity 81 ts ben8ffts rf8ks of ovmernhlp remaln ￿th lh8 lÈssor. are charg￿1 #g￿r￿t as iDuJrre¢. Igl Dobtors Trada debtor8 ood otherdebtcn ar8 rectylis￿ at theirset11em￿t arn)￿t duD after8ny (li5L¥xints. Prepayments are valu8d at th8 amunt pre￿k1 nèt of any trade di￿￿￿t￿￿e. Ihl Crodltors Cr&dllor8 Ènd provlslons art rèojgnlsed N%there he Ch￿ty ha8 a pr￿ntob￿gatkn rwAthlng Imm a past event th8t will probsNy result in the trartsfer ol fun(l¥ to a third party and Ihe 8mwntdue to S8tUe Ihe Obl￿&110n C￿ b8 mga8ur8d or oslirnatd r91&bty. CredKots and provtskn$ ara rt*malWrwnSs8d at Ihalr Sf>ttkMeni amottnt aftér ¥llcwlng for any tr&18 dIsC￿Trts du8. 2. SYAFF COSYS AND NUMBERS Wa￿￿8nd Salarf85 Sal8ri88 Ernpbyefs Sod81 Setsjity Empk)yerfs Pe￿￿￿)[1 3112025 31.3.2024 679.515 58.248 33,71 642.604 54,005 32,061 728.670 771.467 The average wee￿Y number of 8Mp￿)￿S durtw the yearwas as foll Proi8d Staff Adnlnlstrdtson Stsff 19 18 24 23 The number of erryloyees whose eM0￿MentS taxabk ￿efft$ in ￿nd but 8xdudir¥J nployer pen51on costs) ex¢eeded £60.000, Wd6 as foJltX5.' 31.32025 31.32024 £60.OIX)-69,999 Total oveT £60,000 Th8 key maiiag8m8nl 8r8 the TrLBtees vtho a￿ not rerni8.'Rted. togetherwth Ih Dir8Otor arKt Head of $8rvke8 ￿0$9 aggietrale iemuner81ion amuited to £'29,854 (2023124: £122.6441 3. PENSION SCHEhlES The charItye￿￿trfbtte8 to definad (x)nIrth1￿ pen￿￿18￿￿MsS foreaL* errvoyee tho *Aish6Bto eSta￿lsh a scheme. Tho a88&ts oflhe sd)eme are hdd $epor8ldy from IIy)ge of ts Ch8rity ffj Independ8nlly adnunL4ler6d IL¢￿8. TherB ￿ntrIbub(*ts (xrt5tand￿V at Ihe ￿ar and. 4. NET INCOMING RESOURCES FOR YHE YEAR Tlie op8rating $urplus is stated afteF tharglng: Auditors rnmuTreration for 8udil seth8 olher 31.3.2025 31.32024 5,055 3,392 4,856 3.247 Page 13 ¢ambridge W8nlans Llmlted (Llrnitod By Guaranteal Notès, ¢onlinued, fonnkng partof the Flnanclal Statèmenl8 for the y08r ènded 31st Mar¢h 2025 & EXPENDIWRE 31￿32025 31.3.2024 Totsl Ctr8ts Allocat￿ 10 ￿tIVItIeS statr salarp5 & WBue6 Tralnlng, travel etc Rant payab18 Coun￿[ tax & u111￿e$ Fots Equlpmanl rnalntenan(* and fentals Equipment & tlepr8dation Vehida Runnwg costs Propety maintenance repairs Household & Direct co816 Ptole5sional F8e$ Soc4d W¥llaro 34.460 2(XI.994 461077 8,1&5 696,531 8.388 297.156 151.356 18.444 26.985 2(￿,134 428,997 2,61S 7,(K31 301,525 151,501 662,116 9,646 301,525 151,891 28,394 297.156 151,154 18,444 202 190 &9.917 69,917 9,851 49,722 g94 49,722 9,920 43 8.925 8,926 43 28,898 21.786 28,898 129262 21,431 38,456 469 36,854 6,858 14,773 11,(￿8 38,456 43.981 25.841 1,302 6,376 17,223 1011 4,188 206 1.302 Gov•rnan¢a costs Audit fe#s Support co¥ts allocated to a¢tl¥ttio5 General 011￿ and Hnanc¢ so18rfes Profes$k)nal F Genoial adm[￿51[￿tk>Th Premlses In$uran¢È SofNvare support & defftthn Recruitment, training and travel 4,370 413 4,856 89,402 6.959 40,017 10.425 8.940 09.335 7.732 44,486 11,583 4.537 23.238 1.441 86.444 120 7.192 710 42.589 12,223 3.788 21,782 5,334 8,184 679 96,049 7,991 47,321 13,581 4,209 24,202 5,927 77 445 116 45 232 139 4,004 1,042 1.154 358 2,057 fj04 ),915 12,391 2,091 .240 363 89 Tot)I resour¢0s expaTM18d 60,158 968.477 602 532 163f 165 45,u) 999.019 480 464 1.524,773 6. INVESTMENTINCOME 31.32025 31,3.2024 0gposEI account Inieresl 8.905 4,430 7, TAX4TION As s charity Cambrfdge CyTÈnlan8 is exempt Irom tax or ino)mo and g8ts faI￿n9 wttlin s8Gfr'on 505 of Ta%8$ Act 1988 or $256 of Ihe Taxation of ClIBigeabk uains Ad 1992 to the extenl Ihal Ihese are applied to its cha￿tabl& c*Jlects. No tax trthArges hav& Ehe cforb. Page14 Cambrfdge Cyrenlans Llm I￿￿t&d By GuaMtO81 Mote8, COlltlTrW￿, lonnlng port of th8 Flnanclat stst¢m•nl forth8 year endod 31st March 21126 TANGIBLE FfxED ASSÉTS offi￿ Leasehokl B￿l￿ng BuLW4ig$ Etyipm8nl 2024r45 Vehid85 Total Balan(x broughtlcn49rd Addlllon$ 0￿￿88L8 Balan￿ carfed foThvard Dopre¢laUon 08pr6￿t.on brnuoht fDtward PrOwd￿ li yoar Dlswsals In ye Dgpreclatknn cairfed fomard ot book valu• at 31 Mar¢h 2026 415.915 16.840 35,700 503.702 21955 16,( fi.955 415.915 16.¢ 16.840 35.7JO 528.&57 16,867 8,320 16,842 18,364 8,926 85.e79 19,g08 25,18T 16,840 ,2 105587 390.728 16.000 8,410 421.OYO Offke L8asthJld 8ullding BUlbJk￿ 8oftwdtB 2023124 Vthides Total B8lan(* b0￿MI￿rd Addlll)rns DKposals Belance carrby fort4Yrd Deprecladon Depre￿allon brought foMArd Provided in yèar Dis￿81$ ￿ year Depre¢lallon Carrf￿ fixwrd Net book valu• a131 March 2024 415,915 39,864 26.750 35.700 518,229 4.e18 9.9101 le￿40 415,915 35.700 503,702 8B7 8A20 35 2,5eA) 4,618 21.914 4,838 9,910 9,439 8,925 75,564 24,643 14,528 85,679 4tB,023 16.8i17 18.364 1,641 f7,338 8. DEBTORS 31.31025 31.3.2￿24 I'tade debl+XS- rents Other debtw¥ prq)aY￿ 40.661 126.763 1e7A24 20.850 83,817 104,687 10. CREDrroRS: AMOLSNTS FALUNG DUE W￿NIN ONE YEAR 31J.2025 31.3.2024 Oth￿ (Tedllors aryj ar*Na18 110,$87 11a, ANALYSIS OF NET BETVEEN FUNDS. 3151 March 2025 The ￿1 a8$6ts ofthe unresldGted at¥J TEStrde(l are aq lolbwts: Unrg¥tri¢ted Restrl¢te(I Funds Funds Total Fund As¥e*s Cuttent Assé CJk rreiil LlabVIIi8S Netwets a131 Marckn 2025 412.6BO 449.594 I110.￿7> 8.410 19.444 421,070 469.038 1110,5611 779 541 27.854 11b. ANALYSIS OF NET ASSEfs BETWÉEN FUNDS. 31st March 2024 UrtrBstrtctqd Reslrfcted Funds Fund8 Tolal Funds FIKed As8ets Current As8¥ts Currenl Llablb"fies 4LKl887 231.872 147.832) 684.727 17,336 21,003 418.023 152.875 147.8321 723.066 et 8&sels a¢31 Marth 2024 PagB 15 Cambrldgè Cyranlans Llm (LIn￿ted By auar8Tht•e) NDtsS, contInu￿, forn￿￿￿ p8rt ￿ tlw Flrwidal 8t•tèmonts forth8 anded 318t March 21125 12a. MOVEMENT8 IN FUNDS- 2024125 At 1 April InwmiNJ (￿tg(lnll Tt8n$f*s At 31 March 2024 tsxwrces r8Dourcés 2025 RaaiAct4d Funds Auolments eanIn￿￿E ACtr￿tieS LOCAI aulhority hom6188sfie58 grants Counly Brantftt ex-ofTenders County gtantfor hc.LWq raLgtsd support Older HO￿￿eSS Suwrt bAent41 H8allh Oulr88th Petsoral Budgets Trkwl Appr8n1Ke Proi8LI Worker Vehlth Fund BuTSary Fund Cther8 11.015 13.813 16.112 19.829 5.097 6.016 95,6&9 179.828 179,828 5,179 89,620 87,713 94.545 88.xo 82.543 21353 6.772 5,9S7 2.50D 7.509 3,728 8,180 16.434 79) Y27 1.9SB s.￿)3 3.DDO 17,9751 15.411 Told r88trfcted futKts 3&339 556784 6Q.S32 35.263 Unr8strlct6d Funds ihd8sonat8d General Furvls Des￿n8[0d Gen￿01 FU￿15 unTeslrvAed Funds 285.fj80 1,1￿.￿ 1.028.633 128.9431 3g9.047 8,320 e84.727 1,130,856 1.¢J28.633 360,960 35.263 Tolal fvnds 723.($86 1.687.e40 1,831.1&fj TT9,541 42b, MOVEMENTS IN FUNDS-20rJr24 AtIAp In￿¥r0 outa￿¥¥j Tr6￿fer$ At 31 March 2023 resources 2W24 Rèstrfcted Fun(16 Allolmeits M8anhgfvl Act￿lti68 Locd auLhorty gr8N16 County grant lor ex-offendar8 County grantforhouslry ¥alaleiS SUPF¥JI C4dei Flomeless Supp¢yt Mentl Heallh OuiTe8¢* Pe￿0￿￿1 Budgets Tikal hpprBnII￿ ProiaGt Walker Vehide Fund FUTHI 10.204 iO,YJO 18.454 19.416 7,000 94.860 163,524 81.880 84.4 8,250 8,916 163.524 71.029 64.093 12,￿9 2,088 13,799 2,500 16,434 1,906 15,411 25,360 8,926 0lh8rs 14.8SJ 1233 1.8&5 Total resklcted fvnds 423.243 30.965 Umestrfetèd Funds Undesignated FUTh Desrgiiated General Furwjs TO￿ unreslrided Fun 185.W)9 1.16W5 1.¢J44.W 122,6451 407.367 8.320 593,176 1166.825 1.044 309 285,680 399,047 @￿,727 Tota fund8 657,771 1.59J,(N88 1.524,773 723,Cfj6 PURPOSE OF FUPIDS DESIGPUTED FUN08 Th15 b In réspe¢t of Ihe new Difica buHthng 8(4uited In 202. 4Yd Is reduwt ￿nn￿￿¥bY The oshg ba￿nCe thorefo￿ rw$senls (hè b￿k y￿Ue ofth8 81 the yeor8nd. Page 16 Cambtr1¢ige CyrenlaTh$ Umlt•J Iumlfed By GuAf8nteel Notes, ¢orfnu•d. f(￿1)g part oftho Flnanclal Stat•n•nts for th• Jtyarèrtdèd 31$¢ Marth 2025 PVftPOS£ OF FUNt)S- contjnwd RESIRICT£D FiIND3 Jlotmenis: PmviditvJ & IP*rapurt¢ horbou￿fje prolxtfr¢ hom8less aThl wnan. FAeahin9flll Actlth: Olfern9 sL'pr￿ lo all C8ThkniiSJB C• r69￿enIS ID enabk Ihem to r￿￿Y &c85S trainr¥J and ¥dunteering. Locdl èLFthorlty hone18s￿osS wants.. . wo¥lsk>n ofhDmdes8no58 SUPPrt C8mbr1tWhlre CountyCouncFJ Ex-off￿d￿5 Fundlw: Forac£omrwJaUNJ atxj al ￿Jubs￿e Proje Cambrldgbshlrn County Councll Funds￿.. Fc( rdatérf ￿P Older Hom8J885 Support.. p[￿ tc ￿T￿esS woman ovèr1￿ 898 of 50 to th8m to accegs &ThJ sult8blÈ indtpendenl aKorTrmod8lhrs. mont￿ HAatth Outroach: A ptUi8cI S￿l&Lsupport to homdess men £ (yjttsnty In and ¥kn hwe men￿1 hBaHh P4rSo[￿ Budgets Tdal.. IHC&LG Cth fryfrloTDd95w$ Impacl Person Budg8tsTrfÉl èttmlnbter￿ GtBalw Ch8W. Apprnntlcè ProloGt Work•r- PriWlo fund an apprenlke proJBct ￿er. VAhlcl• Fund.. Funds ra￿￿j to elerArkvan lo reFlac* Ihb L*d Rovei. Btjrsary Fund: Dttnatior￿ and grants io 8sSLslreSkknts*￿ moth Intfj tho*tr 0thgv8,' Ntjmws *ll81 gTrnts which l￿been gr*8fultyr**hed f¢r ¥p¢Gkn pu￿￿9 to fgrall810 sUp￿rt01 I& OPERATING LEASE COMMITHEiirs 31.3.2 31.3.2024 LeosecotnmllrnenlB at thè year 8Th1 441.514 664.427 laases forg of the woperVa$ A).:enaDLsqrètxmnty fw rar1e￿. therekFre th& ongolng cA)rpmllment is likdy to kncrease siwifkanly. 14. ULTlblATE COlffROLUNG PAM ￿¥D RELAYED PARTIES Throug￿Ul the ye¥r the Charlty wrds conlrc*>Jl(inNy by the Board alYTustees. No membw oflh¥ Board orany fo IheTll Tecefvaj anylees ¢x8wses from (thilty du￿ng the yw12023r24.. £nill. mernber of Ihe orothBr pol¥￿ ts14led lo them had 8ny iThbra81 in any c1jn1￿1 ￿lIanS￿n Èrter8d Intrj lry the Chty th& wrl2023124.' £rfk 1&RECONcLIAT1￿ OF NETtI¢XEMENf IN FiINDgTO NEfcASH FLtrIIFRoftlOPERATING ACThryTE8 2026 2024 Net mo¥wr*nl funds Add d&prÉctsl Deducl 1ntpAest Inwmo 1lnt¥pase￿rea5e in debtor¥ a￿j st￿k IncreasellDEcreowl In ￿￿1t￿lS N8t oash u8od Sn oporatlng 8¢tMU09 58.475 19. I8.￿5) 02.7571 02 735 65.296 24.643 14,4301 147,3671 8,659 46.8L11 67456 68. ￿￿￿ALYSIs OF C*SHAND ¢A8H EQUIVALENTS. 318f 2a28 At l Aprll 2024 At 31 March 2025 ows Ctsh In hand Ca¢h 8t bank 1266) .672 1.940 299.074 391.614 246.W2 248. 53,406 16b. ANALY51S OF CPSH AND CA8H EQUPrfALENTS- J15t MaYGh 2024 At l Cash nows At 31 Mar¢h 2024 C8Eh ljt hoThJ C*h st bank 2,208 246.OD2 194,773 51,T29 196.979 51229 248.208 P¥17