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2024-12-31-accounts

Charity Charity registration[registration] number number 313454 313454

Unlock Unlock Trustees' Trustees' report report and and financial financial statements statements for the for the year year ended ended 31 31 December December 2024 2024

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Contents Contents

Page
Page
Trustees' Report
Trustees' Report
1-4
1-4
Independent Examiner's Report
Independent Examiner's Report
5
5
Statement of FinancialActivities
Statement ofFinancial Activities
6
6
Balance Sheet
Balance Sheet
7
7
Principal Accounting Policies
Principal Accounting Policies
8-9
8-9
Notes to thefinancial statements
Notestothefinancialstatements
10
16
10-16

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Trustees' Trustees' Report Report for for the the year year ended ended 31 1 December December 2024 2024

The The trustees trustees present present their[their] report report together together with[with] the the[fin] financial Cial statements statements of[of] the the charity charity and and the the independent independent examiner's examiner's report report for for the the year year ended ended 31 31 December December 2024. 2024.

REFERENCE REFERENCE & & ADMNISTRATIVE ADMINISTRATIVE INFORMATION INFORMATION

Charity Name
Charity Name
Unlock
Unlock
RegisteredCharityNumber
Registered CharityNumber
313454
313454
Charity Office
Charity Office
Unlock
Unlock
15 Station Road
15 Station Road
Rotherham
Rotherham
South Yorkshire
South Yorkshire
S60 IHN
S60 1HN
Website
Website
www.unlock-urban.org.uk
www.unlock-urban.org.uk
Start of financial year
Startoffinancial year
1 January 2024
1 January 2024
End of financial year
End offinancialyear
31 December2024
31 December2024
Trustees
Trustees
Nicholas Carter
- Chair
Nicholas Carter - Chair
Andrew Dorton
Andrew Dorton
Rev Canon Suzanne Sheriff
Rev Canon Suzanne Sheriff
ChiefOfficer
Chief Officer
Dawn Lonsdale
Dawn Lonsdale
Bankers
Bankers
The Co-operative Bank plc
The Co-operative Bankplc
PO Box 250
PO Box 250
Skelmersdale
Skelmersdale
WN8 6WT
WN8 6WT
Charities DepositFund
Charities Deposit Fund
80 Cheapside
80 Cheapside
London
London
EC2V 6DZ
EC2V 6DZ
Independent Examiner
IndependentExaminer
PeterWinterMA FCCA
PeterWinterMAFCCA
20 Hallam Grange Road
20Hallam Grange Road
Sheffield
Sheffield
SIO 4BJ
S104BJ

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Trustees’ Trustees' Report Report for for the the year year ended ended 31 31 December December 2024 2024

stissveorsenxeoosens continued CONtINUET

STRUCTURE, STRUCTURE, GOVERNANCE GOVERNANCE & & MANAGEMENT MANAGEMENT

Governing Governing Document Document

The The Charity[Charity][is] is governed governed by by a a declaration declaration[of] of Trust Trust dated dated 25 25 May May 1972, 1972, as as amended amended by by a a supplemental supplemental deed deed dated dated[19] 19 August August 1999 1999 and and a a deed deed of of variation variation dated dated 6 6 July July 2001. 2001.

Trustee Trustee Recruitment Recruitment and and Appointment Appointment The The trustees trustees named named on on page page[I] | have have served served during during the the beginning beginning of of the[the] year year under under review review until until the the date[date] of[of] approval approval of of these these accounts. accounts. Appointment Appointment of of trustees trustees is is governed governed by by the the Trust Trust Deed Deed of of the the Charity. Charity. The The board board of of trustees trustees is is authorised authorised to to appoint appoint new new trustees trustees to to fill fill vacancies vacancies arising arising through through resignation resignation or or death death of of an an existing existing trustee. trustee.

Trustee Trustee Induction Induction and and Training Training

New New trustees trustees undergo undergo[orientation] orientation to to brief brief them them on on their their[legal] legal obligations obligations under under charity charity law, law, the the decision decision

making making process, process, the[the][aims] aims and[and] objectives objectives and and recent recent financial financial performance[performance] of[of] the the charity.[charity.]

Organisational Organisational[Structure] Structure The The Charity[Charity][has] has a a board board[of] of trustees[trustees] who who meet meet regularly regularly and and are are responsible responsible for for the the strategic strategic direction direction and and policy policy of[of] the the Charity. Charity. The The[trustees] trustees delegate delegate the the management management of[of] the the[Charity] Charity[to] to the the National[National] Council.[Council.] The The National National Council Council assigns assigns the the day-to-day day-to-day responsibility responsibility for for training training and and staff staff management management to to the the Chief Chief Officer. Officer. Risk Risk management management The The trustees trustees[have] have[assessed] assessed[the] the major major risks risks to[to] which which the the Charity[Charity] is[is] exposed,[exposed,][in] in particular particular[those] those related related to[to] the[the] operations operations and and finance finance of of the the Charity Charity and and are are satisfied satisfied that that systems systems are are in[in] place place to to mitigate mitigate exposure exposure to to major major risks. risks. Where Where appropriate, appropriate, additional additional systems systems or or procedures procedures have have been been established established to to mitigate mitigate the the risks risks faced faced by by the the Charity. Charity. External External[risks] risks include include the the[loss] loss of of funding, funding, the the effects[effects] of of this this have have been been minimised minimised by by the the procedures procedures in in[place,] place, which which have have resulted resulted in in funding funding being being secured secured from from a a variety variety of of sources. sources. Internal Internal risks risks are are minimised minimised by[by][the] the implementation implementation[of] of procedures procedures for[for] authorisation[authorisation] of[of] all[all] transactions[transactions] and[and][projects] projects and[and] to[to] ensure ensure consistent consistent delivery delivery for for all all operational operational aspects aspects of of the the Charity. Charity. These These procedures procedures are are reviewed reviewed periodically periodically[to] to ensure ensure[they] they still still meet meet the the[needs] needs of[of] the the[charity.] charity.

OBJECTIVES OBJECTIVES AND AND ACTIVITIES ACTIVITIES

Aims Aims and and Objectives Objectives

Unlock Unlock[is] is a a Christian Christian[Charity] Charity that that has has worked worked since since 1973 1973 to to help help urban urban churches churches of of any any denomination denomination

respond respond to to the the challenges challenges[in] in their their areas. areas. We We are are especially especially concerned concerned with with helping helping people people in in "text-shy" "text-shy"

cultures cultures to to explore explore their their faith. faith.

As As[well] well as as deploying deploying a a team team[of] of workers, workers, Unlock Unlock publishes publishes a a variety variety[of] of group group Bible Bible study[study] packs, packs, games, games, Lent[Lent] courses, courses,[audit] audit[materials] materials and[and] provides[provides][training.] training.

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Trustees' Trustees' Report Report for for the the year year ended ended 31 31 December December 2024 2024

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Statement Statement of[of] Public Public Benefit Benefit

The The Trustees[Trustees] confirm confirm[that] that[they] they have have referred referred to[to] the the guidance guidance contained[contained] in[in] the the Charity[Charity] Commission's Commission's general[general]

guidance guidance on on public public benefit benefit when when reviewing reviewing the the Charity's Charity's aims aims and and objectives objectives and and in in planning planning future future activities. activities.[The] The Trustees Trustees are are also[also] aware aware of[of][the] the Charity[Charity] Commission's Commission's guidance[guidance] on on public public benefit[benefit] in in "The "The

Advancement Advancement[of] of Religion[Religion][for] for[the] the[Public] Public Benefit" Benefit" and[and][have] have had[had][regard] regard to[to] it[it] in[in][their] their administration[administration] of[of] the[the] Charity. Charity.

The The trustees trustees[believe] believe[that] that the the[Charity] Charity[is] is providing[providing] a a benefit benefit to[to] the the public public[in] in the the following[following] ways: ways:

The The Trustees Trustees confirm confirm that that they they have have complied complied with with their their duties duties under under section section 17 17 of of the[the] Charities Charities Act Act 2011 2011

with with regard regard to to public public benefit. benefit.

ACHIEVEMENTS ACHIEVEMENTS AND AND PERFORMANCE PERFORMANCE

Unlock Unlock work work[is] is still still[recovering] recovering from from the the disruptions disruptions caused caused by by the the Covid Covid 19[19] Pandemic. Pandemic. New New local[local]

Partnerships Partnerships take take some some time time to to establish. establish.

The The main main achievements achievements during during the the year year under under review review are: are:

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Trustees’ Trustees' Report Report for for the the year year ended ended 31 31 December December[2024] 2024

lestentenneerneeceeee continued COMNUEM

Details DetailsFINANCIAL FINANCIAL of[[of]] income[[incorne]] REVIEW[REVIEW][and] and expenditure expenditure[[expenditure]][[for]] for the the[[lhe]][[year]] year under under[[under]] review[[ review]] are[[are]] set[[sel]] out[[out]] ;inin[[in]] the[[the]] Statement[[Slateruent]] .[[ or]] oftastas[[ Financial]] Financial.. Activities Activities on on page page 6.[[6,]]

Details of[[of]] income[[incorne]][[and]] and expenditure expenditure[[expenditure]][[for]] for the the[[lhe]][[year]] year under under[[under]] review[[ review]] are[[are]] set[[sel]] out[[out]] ;inin[[in]] the[[the]] Statement[[Slateruent]] .[[ or]] oftastas[[ Financial]] Financial.. Activities Activities on on page page 6.[[6,]] TheReserves Reserves Reserves[policy] policy[policy] or[the][Charity][takes][inlo][account] lhe guidance or[the][Charity] .[Commission] . and the The Reserves policy of the Charity takes into account the guidance of the Charity Commission and the

income income generation gener,llion circumstances[circtnnstances] of[of] Unlock Unlock[(ie] (ie[its] its[heavy] heavy reliance reliance on on[a] a[single,] single, annual[annual] fundraising[rundraising] event).[event).] The[The]

Unlock Unlock National National[Council] Council[and] and[Trustees] Trustees[ believe] believe that[(hat] the[the][free] free reserves[reserves] of the the Charily should Charity should be[be] maintained maintained at[at] a a sufficient sufficient[level] level to[io] cover cover adequately adequately a a ninimum minimum of or three[three] months’[tnon(hs•] operating[operating] costs[costs] (this[(this] was[was] changed[changed] from[from] four[four]

months months[at] at the the Novejnber November 2019 2019 Council Council Meeting). Meeting). These These costs costs are are based[based] on on projected projected future[future][levels] levels of[of][income] income

and and expenditure expenditure and and will will be be[revised] revised during during the the budget budget setting selling process. process.

Designated Designated Fund Fund

A A[designated] designated[fund] fund of of £19,989[El ] 9,989[has] has been been created[created] which which comprises comprises two two elements: elements:

a. a. A A[redundancy] redundancy reserve reserve of of £10.768 (2023: (2023:[E] £10,177) IOTI[77)] which which is[is] to to cover cover redundancy redundancy costs[costs] for[for][all] all Unlock[Unlock] staff[staff] calculated calculated using using lhe the statutory statutory redundancy redundancy method. method. b. A A closure[closure] costs costs reserve reserve or of E9,221 £9,221 (2023: (2023: {9,621) £9,621) which which is is to to cover cover costs costs arising arising from from the[the] organisation[organisation]

being being wound wound up up and and will will include include[three] three months* months’ essential essential operating operating costs costs (salaries,[(salaries,] premises, premises. running running and and any any additional addilionaj closure clasure costs). costs).

The designated reserve is held in the Charities Aid Foundation ESG Income and Glt)wlh Fund account The designated reserve is held in the Charities Aid Foundation ESG Income and Growth Fund account which has a market value of E23,857 (2()23:222.020) as at 31 December 2024. The designated reserve will be be which reviewed reviewed has a market annually. annually.value of £23,857 (2023: £22,020) as at 31 December 2024. The designated reserve will

Investment Investment policy policy The The Trust Trust Deed Deed authorises authorises the lhe trustees trustees to to make make and and hold hold investments investments using using the the general general funds funds of of the the Charity. Charity.

The The Charity Charity holds holds units units in in the the CAF CAF ESG ESG Income Income and and Growth Growth Fund Fund Accumulation Accumulation (Note (Note 15). 15).

PLANS PLANS FOR FOR THE THE FUTURE FUTURE There There is is a a plan plan to to restart reslart the the local local partnership partnership in in Hull Hull and and other other new new locations locations for for projects projects are are being being considered. considered.

INDEPENDENT INDEPENDENT EXAMINER EXAMINER Peter eier Winter Winter MA MA FCCA FCCA FCEt FCIE, was was reappointed reappointed independent independent examiner examiner during during the lhe year year under under review. review. APPROVAL APPROVAL This report was approved by the trustees and signed on their behalf by: This Wi was approved by the trustees and signed on their behalf by: Nicholas 'éicholas Carter Carter - • Chair Chair of or Trustees Tiustees Date: )ate: LL /4 [402 o

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Independent Independent Examiner's Examiner's report report[to] to[the] the trustees trustees of[of] Unlock Unlock

I I report report to to the the trustees trustees on on my my examination examination of of the the financial financial statements statements of of the the above above charity charity ("the ("the Trust") Trust") for for the the

year year ended[ended][31] 31 December December 2024,[2024,][which] which are are set set out out on on pages pages 6[6] to[to] 16. 16.

Respective Respective responsibilities responsibilities[of] of trustees[trustees] and and examiner examiner

As As the[the][charity's] charity's trustees, trustees, you you are are responsible responsible for for the the preparation preparation of of the the accounts accounts in in accordance accordance with with the the requirements requirements of of the the Charities Charities Act Act 2011 2011[("the] ("the 2011 2011 Act"). Act").

I I report report in in respect respect of of my my examination examination of of the the Trust's Trust's accounts accounts carried carried out out under under section section 145 145 of of the[the] 2011 2011 Act Act and and in in carrying carrying out out my my examination, examination, I I have have followed followed all all the the applicable applicable Directions Directions given given by by the the Charity Charity

Commission Commission[under] under[section] section 145(5)(b) 145(5)(b) of[of] the the Act. Act.

Independent Independent examiner's examiner's statement statement

I Ihave have completed completed my my examination. examination. I I confirm confirm that that no no material material matters matters have have come come to to my my attention attention in in connection connection with with[the] the examination examination which which gives[gives] me me cause cause to[to][believe] believe that that in,[in,] any any material material[respect:] respect:

(1) (1) the the accounting accounting records records were were not not kept kept in in acccordance acccordance with with section section 130 130 of of the the Charities Charities Act; Act; or or

(2) (2) the the accounts accounts did did not not not not accord accord with with the the accounting accounting records; records; or or (3) (3) the the accounts accounts did did not not comply comply with with the the applicable applicable requirements requirements concerning concerning the the form form and and content content of of accounts accounts set set out out in in the the Charities Charities (Accounts (Accounts and and Reports) Reports) Regulations Regulations 2008 2008 other other than than any any

requirement requirement[that] that the the accounts accounts give give a a ‘true 'true and and fair' fair’ view view which which is is not not a a matter matter considered considered as as part part of of an an

independent independent examination. examination.

I Ihave have no no concerns concerns and and have have come come across across no no other other matters matters in in connection connection with with the the examination examination to to which which

attention attention should should be be drawn drawn[in] in this this report report[in] in order order to to enable enable a a proper proper understanding understanding of of the the accounts accounts to to be be

reached. reached.

_

Pu Wu Peter Peter Winter Winter MA MA FCCA FCCA FCIE FCIE Chartered Chartered Certified[Certified] Accountant Accountant 20 20 Hallam Hallam Grange Grange Road Road Sheffield Sheffield S10 SIO 4BJ 4BJ e Date: Date: ‘> {a | lo.

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Statement Statement of Financial[of] Financial Activities Activities for the ended 31 December 2024 for the year year ended 31 December 2024

Notes
Notes
Unrestricted
Unrestricted
Designated
Designated
Restricted
Restricted
2024
2024
2023
2023
Funds
Funds
Funds
Funds
Funds
Funds
Total
Total
Total
Total
Incoming Resources
IncomingResources
£ £ £ £ £
Incoming Resources from
Incoming Resources from
Generated Funds
Generated Funds
VoluntaryIncome
VoluntaryIncome
4
4
18,226
18,226
2 - 18,226
18,226
20,131
20,131
Activities for GeneratingFunds
Activities for Generating Funds
5
5
25,148
25,148
- - 25,148
25,148
20,092
20,092
Investment Income
Investment Income
6
6
876
876
= - 876
876
1,043
1,043
TotalIncoming Resources
Total Incoming Resources
44,250
44,250
- - 44,250
44,250
41,266
41,266
Resources Expended
Resources Expended
Costs ofGeneratingFunds
Costs ofGenerating Funds
7
‘a
4,542
4,542
- - 4,542
4,542
4,857
4,857
CharitableActivities
Charitable Activities
8
8
38,929
38,929
, - 76
76
39,005
39,005
47,318
47,318
Governance Costs
Governance Costs
9
9
3,605
3,605
- - 3,605
3,605
3,662
3,662
TotalResourcesExpended
Total ResourcesExpended
47,076
47,076
- 76
76
47,152
47,152
55,837
55,837
Net Incoming/(Outgoing)
NetIncoming/(Outgoing)
(2,826)
(2,826)
- (76)
(76)
(2,902)
(2,902)
(14,571)
(14,571)
Resources for the year
Resources for the year
Gross Transfers Between Funds
Gross Transfers Between Funds
10
10
2,061
2,061
(1,646)
(1,646)
(415)
(415)
- -
Gains/(losses) on investments
Gains/(losses) on investments
11
11
- 1,837
1,837
- 1,837
1,837
1,576
1,576
NetMovement in Funds
NetMovement inFunds
(765)
(765)
191
191
(491)
(491)
(1,065)
(1,065)
(12,995)
(12,995)
Funds at 1 January 2024
Funds at 1 January 2024
21,992
21,992
19,798
19,798
7,753
7,753
49,543
49,543
62,538
62,538
Funds at 31 December 2024
Fundsat31December2024
21,227
21,227
19,989
19,989
7,262
7,262
48,478
48,478
49,543
49,543

There There were were no no recognised recognised gains gains or or losses[losses] for[for] the the current current or or previous previous year year other other than than those those included included in[in] the the Statement Statement of Financial of Financial[Activities.] Activities. All All incoming incoming resources resources and and resources resources expended expended derive derive from from continuing continuing activities. activities.

The The notes notes on on pages pages 8[8] to[to] 16 16 form form an an integral integral part part of[of] these[these] financial[financial] statements. statements.

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Balance Balance Sheet Sheet as as at[at][ 31] 31 December Dæember 2024[2024]

2024
2024
2023
2023
Notes £ £ ; £ £
Current assets
Current assets
Debtors
Debtors
14
14
958
958
I.37.3
1.373
Investments
Investments
15
15
23,857
23,857
22.020
22.020
Cash al bank and in hand
Cash atbank and in hand
25,037
25,037
28,215
28,215
49.852
49,852
5
*608
51.608
Creditors: amounts failing
Creditors: amounts falling
due within one year
due within oneyear
16
16
(1374)
(1,374)
(2,065)
(2,065)
Net current assets
Netcurrent assets
48,478
48,478
49,543
49,543
Total assets less current
Total assets less current
liabilities
liabilities
48,478
48,478
49,543
49,543
Funds
Funds
17
17
Unrestricted Funds
Unrestricted Funds
21 *227
21.227
21,992
21,992
Designated Funds
Designated Funds
19,989
19,989
19,798
19,798
Restricted Funds
Restricted Funds
18
18
7.262
7,262
7,753
7,753
48,478
48,478
49,543
49,543

Approved Approved by by the[the] Trustees Trustees and and signed signed on on their their behalf behalf by:[by:]

Nicholas Nicholas Carter Carter Chair of Chair of Trustees Trustees / Date: Date: (2/9 [2026

The The notes note on on pages pages 8[8] to to 16 16 form form an an integral integral part part of of these these financial financial statements. statements. Page Page 7[7]

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Notes Notes to[to] the[the] financial financial statements statements for for the the year year ended ended 31 31 December December 2024 2024

    1. Basis Basis of Preparation of Preparation

c) c) Applicable Applicable accounting accounting standards standards The The charity charity has has taken taken advantage advantage of of the the provisions provisions in in the the SORP SORP for for charities charities not not to to prepare prepare a a Statement Statement of of Cash Cash Flows. Flows.

The The financial financial statements statements are are prepared prepared in in sterling, sterling, which which is is the the functional functional currency currency of of the the charity. charity. Monetary Monetary amounts amounts[in] in these these financial financial statements statements are are rounded rounded to to the the nearest nearest £.[E.]

2 2 Accounting Accounting[Policies] Policies

Balances Balances are are split split between between unrestricted unrestricted and and[restricted] restricted funds funds held held by by the the[Trust.] Trust.

a) a) Unrestricted Unrestricted 'general' 'general' funds funds

These These are are[the] the funds funds of[of] Unlock Unlock that[that] are are not not subject subject to to any any restrictions restrictions regarding[regarding] their their use use and and

are are available available[for] for application application[of] of general[general] purposes purposes of[of] the[the] Charity. Charity. Donations Donations[received] received by[by] the[the]

Charity Charity are are treated treated as as unrestricted unrestricted unless unless specifically specifically earmarked earmarked for for a a particular particular restricted[restricted] fund. fund.

b) b) Designated Designated[funds] funds

These These are are unrestricted unrestricted funds funds which which are are designated designated for[for] a a particular particular purpose purpose or or project project by by the the trustees. trustees.

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Notes Notes to[to] the[the] financial[financial] statements statements for for the the year year ended ended 31 31 December December 2024 2024

osesouseservexrwers continued COMUMUCH

2.5. 2.5. Pensions Pensions The The Charity Charity contributes contributes to to eligible eligible staff staff members' members' qualifying qualifying personal personal pension pension schemes schemes at at a a rate rate of[of] 3% 3% of of their their gross gross[salaries] salaries (increasing (increasing to to a a rate rate of of 5% 5% of of gross gross salaries[salaries] after after 5 5 years years of of service).[service).] The The assets assets of of these these schemes schemes are are held held separately separately from from those those of of the the Charity Charity in[in] independently independently administered administered funds. funds. The The employer's employer's pension pension costs costs represent represent contributions contributions payable payable by by the the Charity Charity to to these these funds. funds.

2.6. 2.6. Taxation Taxation The The Charity Charity is is not not liable liable to to income income or or capital capital gains gains tax tax on on its its charitable charitable activities. activities. Value Value added added tax tax is[is] not not recoverable recoverable by by the the Charity, Charity, and and as as such such is is included included[in] in the the asset asset cost cost or or expense expense to to which which it it relates. relates.

Fixed Fixed[asset] asset[investments] investments are are stated[stated][at] at cost cost less[less][provision] provision for[for] permanent permanent diminution diminution in[in] value.[value.]

2.8. 2.8. Investments Investments Current Current asset[asset][investments] investments are are[stated] stated[at] at market[market][value] value[at] at the[the][balance] balance sheet[sheet][date] date in[in] accordance[accordance] with[with] the[the] Charities Charities[SORP] SORP (FRS (FRS[102).] 102).

2.9. 2.9. Foreign Foreign currencies currencies

Monetary Monetary[assets] assets and and liabilities liabilities denominated denominated[in] in foreign foreign currencies currencies are are translated translated into[into] sterling sterling at at the the rates rates

of of exchange exchange prevailing prevailing at[at] the the accounting accounting date. date. Transactions Transactions in in foreign foreign currencies currencies are are recorded[recorded] at at the the

date date of of the the transactions. transactions. All All differences differences are are taken taken to to the the Statement Statement of of Financial Financial Activities. Activities.

2.10. 2.10. Going Going concern concern At At[the] the time time[of] of approving approving the[the] financial financial statements, the statements, the[trustees] trustees have have a a reasonable[reasonable] expectation[expectation][that] that the the charity charity has[has] adequate adequate resources resources to[to][continue] continue[in] in operational[operational][existence] existence for[for][the] the[foreseeable] foreseeable future.[future.] Thus Thus the[the] trustees trustees continue[continue][to] to adopt[adopt] the[the] going[going] concern concern basis[basis][of] of accounting[accounting] in[in] preparing[preparing] the[the] financial financial statements. statements.

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Notes Notes to to the the financial financial statements statements for for the the year year ended ended 31 31 December December 2024 2024

sesteeeeeeeeeeeeeee CONtiNUEd continued

2.11. 2.11. Financial Financial instruments instruments Financial Financial instruments instruments are are classified classified and and accounted accounted for, for, according according to to the the substance substance of of contractual contractual arrangement, arrangement, as as either either financial financial assets, assets, financial financial liabilities liabilities or or equity equity instruments. instruments. An An equity[equity] instrument instrument is is any any contract contract that that evidences evidences a a residual residual interest interest[in] in the the assets assets of of the the company company after after deducting deducting all all of of its its liabilities. liabilities. The The charity charity[has] has elected elected to[to] apply apply the the provisions of provisions of Section Section 11[11] ‘Basic['Basic] Financial Financial Instruments' Instruments' and and Section Section 12 12 ‘Other 'Other Financial Financial Instruments Instruments Issues' Issues' of of FRS FRS 102 102 to to all all of of its its financial financial instruments. instruments. Basic Basic financial financial assets assets

Basic Basic financial financial assets, assets, which which include include debtors, debtors, cash cash and and bank bank balances, balances, are are initially initially measured measured at at transaction transaction price price including including transaction transaction costs costs and and are are subsequently subsequently carried carried at at amortised amortised cost cost using using

the the effective effective interest interest method method unless unless the the arrangement arrangement constitutes constitutes a a financing financing transaction, transaction, where where the the transaction transaction is is measured measured at at the the present present value value of of the the future future receipts receipts discounted discounted at at a a market market rate rate of of

interest. interest. Financial Financial assets assets classified classified as as receivable receivable within within one one year year are are not not amortised. amortised.

Basic Basic financial financial liabilities liabilities Basic Basic financial liabilities, financial liabilities, including including creditors creditors and and bank bank loans loans are are initially initially measured measured at at transaction transaction price price including[including] transaction transaction costs costs unless unless[the] the arrangement arrangement constitutes constitutes a a financing financing transaction, transaction, where where the the debt instrument debt instrument is is measured measured at at the the present present value value of of the the future future payments payments discounted discounted at at a a market market rate rate of of interest. interest. Financial Financial liabilities liabilities classified classified as as payable payable within within one one year year are are not not amortised. amortised. Trade Trade creditors creditors are are obligations obligations to to pay pay for for goods goods or or services services that that have been have been acquired acquired in in the the ordinary ordinary course course of[of] operations[operations] from from suppliers.[suppliers.] Amounts Amounts payable payable are are classified[classified] as as current current liabilities liabilities if if payment payment is is due due within within one one year year or or less. less. If If not, not, they they are are presented presented as as non-current non-current liabilities. liabilities. Trade Trade creditors creditors are are recognised recognised initially initially at[at] transaction transaction price price and and subsequently subsequently measured measured at at amortised amortised cost cost using using the the effective effective[interest] interest rate. rate.

    1. Trustees' Trustees' remuneration remuneration and and related related party party transactions transactions a) a) No No remuneration remuneration was was[paid] paid[to] to any any trustee[trustee][for] for acting acting as as a a trustee trustee or or[for] for any any other other purpose. purpose.
  1. b) b) No No travel travel or or[other] other expenses expenses were were reimbursed reimbursed to to trustees. trustees. Travel Travel and and other other expenses expenses of of £202 E202 (2023: (2023: £143) E143) were were reimbursed reimbursed to to Council Council members members who who are are not not trustees. trustees.

  2. c) c) No No trustee trustee or or other[other] person person connected connected to to the[the] Charity Charity had had any any personal personal interest[interest] in in any any contract contract or or transaction transaction entered entered[into] into by by the the Charity Charity during during the the year. year.

----- Start of picture text -----
4. 4. Voluntary Voluntary Income Income
Donations Donations [and] and Grants Grants
Gift Gift Aid Aid [claims] claims
----- End of picture text -----

Unrestricted
Unrestricted
Restricted
Restricted
2024
2024
2023
2023
Funds
Funds
Funds
Funds
Total
Total
Total
Total
£ £ £ £
13,102
13,102
- 13,102
13,102
15,152
15,152
5,124
5,124
- 5,124
5,124
4,979
4,979
18,226
18,226
- 18,226
18,226
20,131
20,131

Page Page 10 10

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Notes Notes to[to] the the financial financial statements statements for for the the year year ended ended 31 31 December December 2024 2024

tessssssreeeeeeeeeee continued CONTINUE

Unrestricted
Unrestricted
Restricted
Restricted
2024
2024
2023
2023
Funds
Funds
Funds
Funds
Total
Total
Total
Total
£ £ £ £
5.
5.
Activities for Generating Funds
Activities for Generating Funds
Annual Unlock Walk
Annual UnlockWalk
25,148
25,148
- 25 148
25,148
20,092
20,092
25,148
25,148
- 25,148
25,148
20,092
20,092
£ £ £ £
6.
6.
Investment Income
InvestmentIncome
Bank interest
Bank interest
- - - -
Listed investments interest
Listed investments interest
876
876
- 876
876
1,043
1,043
876
876
- 876
876
1,043
1,043
he Costs of Generating
Costs ofGeneratingFunds
Funds
Funds
£ £ £ £
Fundraising expenses
Fundraising expenses
- Walk
-Walk
4,542
4,542
- 4,542 4,857
4,857
4,542
4,542
- 4,542
4,542
4,857
4,857
8.
8.
Charitable activities
Charitable activities
- support costs
- supportcosts
£ £ £ £
Staff costs (note 12)
Staffcosts (note 12)
29,508
29,508
- 29,508
29,508
30,677
30,677
Website costs
Website costs
213
213
- 213
213
1,475
1,475
Workers' expenses
Workers’ expenses
203
203
76
76
279
279
6,762
6,762
Rent
Rent
3,300
3,300
- 3,300
3,300
3,300
3,300
Insurance
Insurance
951
951
- 951
951
925
925
Printing, postage and
Printing, postage and
stationery
stationery
1,283
1,283
- 1,283
1,283
776
776
Computer costs
Computer costs
1,429
1,429
- 1 ,429
1,429
390
390
Computer software
Computer software
650
650
Ss 650
650
590
590
Telephone
Telephone
152
152
- 152
152
420
420
Staff Training &Travel
StaffTraining& Travel
653
653
- 653
653
149
149
Promotion leaflets and events
Promotion leaflets and events
135
135
- 135
135
200
200
Festivals
Festivals
432 - 432
432
1,524
1,524
Other costs
Other costs
20
20
- 20
20
130
130
38,929
38,929
76
76
39,005
39,005
47,318
47,318

Page Page 11[11]

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Notes Notes to to the the financial financial statements statements for for the the year year ended ended 31 31 December December 2024 2024

continued
setteeeeeereeseeeeee CONtINUEK
continued
setteeeeeereeseeeeee CONtINUEK
Unrestricted
Unrestricted
Restricted
Restricted
Total
Total
Total
Total
90
9.
Governance Costs
Governance Costs
Funds
Funds
£
Funds
Funds
£
2024
2024
£
2023
2023
£
Annual Report
Annual Report
2,470
2,470
- 2,470
2,470
2,824
2,824
Independent Examiner
IndependentExaminer
675
675
- 675
675
695
695
Council expenses
Council expenses
460
460
- 460
460
143
143
3,605
3,605
- 3,605
3,605
3,662
3,662
10,
10.
Transfers
Transfers
£ £ £
UnrestrictedFunds
Unrestricted Funds
1 ,646
1,646
- 7 -
DesignatedFunds
DesignatedFunds
(1,646)
(1,646)
S = <
Restrictedfunds
Restricted funds
415
415
(415)
(415)
- -
415
415
(415)
(415)
- -
The transfer of €415 from restricted funds
to unrestricted funds
is
relating to theuse of funds for theLocal Project Birmingham
- Queens.
an agreed
The transfer of £415 from restricted funds to unrestricted funds is an agreed
relating to theuse offunds for the Local ProjectBirmingham - Queens.
internal cross
internal cross
charge
charge
2024
2024
2023
2023
11.
11.
Investment
Investment
£ £ £ £
Gains / (losses) on investments
Gains / (losses)on investments
1,837
1,837
- 1,837
1,837
1,576
1,576
1,837
1,837
- 1,837
1,837
1,576
1,576
12.
12.
Staff costs
Staff costs
2024
2024
2023
2023
£ £
Salaries
Salaries
28,624
28,624
29,829
29,829
Employer's National Insurance
Employer's National Insurance
- -
Employer's Pension Contributions
Employer's Pension Contributions
884
884
848
848
29,508
29,508
30,677
30,677

No No employee employee received[received] remuneration remuneration of of more more than than £60,000 €60,000 during during the the year year under under review review (2023: (2023: None). None). The The charity charity was was eligible[eligible] to to claim claim the the Employment Employment Allowance Allowance which which reduced reduced its its liability liability for for Employer's Employer's National National Insurance Insurance liability liability to to ENil £Nil (2023: (2023: ENil). £Nil).

Page Page[12] 12

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Notes Notes to[to] the[the] financial financial statements statements for for the the year year ended ended 31 31 December December 2024 2024

continued
sesesteeeeessseeeeee CONtiINUC
continued
sesesteeeeessseeeeee CONtiINUC
Fixtures,
Fixtures,
130
13.
Tangible fixed assets
Tangible fixed assets
fittings and
fittings and
equipment
equipment
Total
Total
£ £
Cost
Cost
At 1 January 2024
At 1 January 2024
3,567
3,567
3,567
3,567
Additions
Additions
- -
Disposals
Disposals
- =
At 31 December 2024
At 31 December 2024
3,567
3,567
3,567
3,567
Depreciation
Depreciation
At 1 January 2024
At 1 January 2024
3,567
3,567
3,567
3,567
On disposals
On disposals
- a
Charge for theyear
Charge for the year
- -
At 31 December 2024
At 31 December2024
3,567
3,567
3,567
3,567
Net book values
Netbook values
At 31 December 2024
At 31 December 2024
-
At 31 December2023
At 31 December 2023
- -
14.
14.
Debtors
Debtors
2024
2024
2023
2023
£ £
Gift aid receivable
Gift aid receivable
129
129
585
585
Inland Revenue Customs and Excise
Inland Revenue Customs and Excise
- s
Insurance prepaid
Insurance prepaid
829
829
788
788
958
958
1,373
1,373
15.
15.
Investments
Investments
2024
2024
2023
2023
£ £
Current asset investments
Currentassetinvestments
23,857
23,857
22,020
22,020

Current Current asset asset investments investments comprise comprise 20,522 20,522 units units in in IFSL IFSL CAF CAF ESG ESG Income Income and and Growth Growth Fund Fund Accumulation. Accumulation. The The[market] market value[value] of[of][each] each unit unit is[is][116.25p] 116.25p (2023:[(2023:] 107.3p)[107.3p)] giving giving a a[value] value of[of] £23,857[E23,857] for[for] the the total total holding holding at[at] 31 31 December December 2024. 2024. The The unrealised unrealised gains/(losses) gains/(losses) during[during] the the year year are are shown shown[in] in the the Statement Statement of of Financial Financial Activities. Activities.

Page Page[13] 13

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Notes Notes to to the the financial financial statements statements for for the the year year ended ended 31 31 December December 2024 2024

veseeesseeeeeseeeees CONtINUE continued

16.
16.
Creditors: amounts falling due
Creditors: amounts falling due
2024
2024
2023
2023
within one year
withinoneyear
£ £
Trade creditors
Trade creditors
24
24
24
24
Other taxes and social security costs
Other taxes and social security costs
404
404
841
841
Accrued expenses
Accrued expenses
946 1,200
1,200
1,374
1,374
2,065
2,065

17. 17. Movements Movements Between Between Funds Funds

Movements Between FundsFunds
Movements Between Funds
Unrestricted
Unrestricted
Designated
Designated
Restricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
Funds
Funds
Funds
Funds
£ £ £ £
1 January 2024
1 January 2024
21,992
21,992
19,798
19,798
7,753
7,753
49,543
49,543
Incoming Resources for theYear
Incoming Resources for theYear
44,250
44,250
- - 44,250
44,250
66,242
66,242
19,798
19,798
7,753
7,753
93,793
93,793
ResourcesExpended in the year
Resources Expended inthe year
(47,076)
(47,076)
- (76)
(76)
(47,152)
(47,152)
19,166
19,166
19,798
19,798
7,677
7,677
46,641
46,641
Transfers between funds
Transfers between funds
2,061
2,061
(1,646)
(1,646)
(415)
(415)
-
Gains/(losses) on investments
Gains/(losses) on investments
- 1,837
1,837
- 1,837
1,837
21,227
21,227
19,989
19,989
7,262
7,262
48,478
48,478

Page Page 14 14

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Notes Notes to[to][the] the financial financial statements statements for for the the year year ended ended 31 31 December December 2024 2024

seteeeeeeeeseeeeees continued CONtINUET

18.
18.
Restricted Funds
RestrictedFunds
At Transfers
Transfers
At
1 January
1 January
General
General
31 December
31December
2024
2024
Income
Income
Expenditure
Expenditure
Funds
Funds
2024
2024
£ £ £ £ £
BirminghamQueens
Birmingham Queens
1,769
1,769
- (76)
(76)
(415)
(415)
1,278
1,278
Hull Community Church
HullCommunity Church
671
671
- - . 671
671
Hull New Project
Hull New Project
1,231
1,231
- - - 1,231
1,231
Sunderland
Sunderland
4,082
4,082
- - - 4,082
4,082
7,753
7,753
- (76)
(76)
(415)
(415)
7,262
7,262

At At set[set] up up of[of] a a[project:] project: A A local[local] partner partner will[will] normally normally[give] give an an amount amount of[of][restricted] restricted funds[funds] (typically[(typically] 2,500) £2,500) and and Unlock Unlock[will] will provide[provide] an an unrestricted unrestricted amount amount available available to[to] the[the] project[project] (usually (usually £2,500).[E2,500).] The The[unrestricted] unrestricted[portion] portion from from Unlock Unlock[is] is not not held[held] separately. separately. The The[restricted] restricted money money is[is] normally normally used[used] first first in[in][order] order[to] to[leave] leave Unlock Unlock with with more more flexibility flexibility if if[the] the project[project][doesn't] doesn't continue.[continue.] If[If][the] the[restricted] restricted fund fund is[is] used used up up then then the the project project is is funded funded using using[the] the money money introduced introduced from from Unlock's Unlock's unrestricted unrestricted funds. funds.

Birmingham Birmingham (Queen's) (Queen's) Local Local Partnership Partnership

Unlock Unlock Birmingham Birmingham works works in[in] Partnership Partnership with with The The Queen's Queen's Foundation Foundation and[and] St[St] Peter's[Peter's][Saltley] Saltley Trust.[Trust.]

Unlock Unlock[is] is ensuring[ensuring][that] that Methodist Methodist Deacons Deacons and and other[other] students students[in] in training training at[at] Queen's,[Queen's,] as as well[well] as[as] those[those]

in in Urban Urban Ministry Ministry in in the the wider wider West West Midlands Midlands area, area,[have] have[opportunities] opportunities to to learn learn about about Unlock's Unlock's accessible accessible and and open open approach approach to to Bible Bible engagement engagement with with[oral] oral learners learners in[in] poor poor urban urban communities. communities.

Hull Hull (Community (Community Church) Church) Local Local Partnership Partnership

This This fund fund[is] is used used[for] for work work[in] in West West Hull, Hull, undertaken undertaken in in partnership partnership with with Hull[Hull] Community Community Church Church

where where Unlock Unlock has has provided provided training training[for] for church church[leaders.] leaders. The The remaining remaining funds funds are are available available to to HCC HCC for for further further Unlock Unlock training training or or consultancy consultancy as as required. required.

Hull Hull (New) (New) Local Local Partnership Partnership This This fund fund is[is][to] to be be used used for[for] work work in[in] West West Hull[Hull] and and some some of[of] it it has[has] been been provided provided by by the the Bible Bible Society. Society.

We We are are searching[searching][for] for new new partners partners in[in][Hull] Hull[in] in order[order][to] to establish[establish] new new work work using[using] what[what][remains] remains of[of] this[this] fund. fund.

Sunderland Sunderland Local Local Partnership Partnership

This This fund fund[is] is used used[for] for work work in[in] the the Sunderland Sunderland area. area. Work Work in[in] this this area area is[is] undertaken undertaken with with funding funding and and

partnership partnership from from Wearside Wearside Deanery, Deanery, St St Hild Hild and and St St Bede Bede Trust Trust and and Seedbed Seedbed Christian Christian Community Community Trust. Trust. The The remaining remaining funds[funds] were were donated[donated] by[by] North North Wearside Wearside Churches[Churches] and[and] will[will] be[be] used[used] to[to] provide provide

Unlock Unlock support support for[for] them[them] at[at] a a[time] time[of] of their[their][choosing.] choosing.

Page Page 15 15

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Notes Notes to[to][the] the financial financial statements statements for for the the year year ended ended 31 31 December December 2024 2024

setteesteesseeeees CONtINUCT continued

19. 19. Prior Prior[Year:] Year: Statement Statement[of] of financial[ financial] activities activities

Unrestricted Designated
Unrestricted Designated
Unrestricted Designated
Unrestricted Designated
Restricted
Restricted
2023
2023
2022
2022
funds
funds
funds
funds
funds
funds
Total
Total
Total
Total
Incoming resources
Incoming resources
£ £ £ £ £
Incoming resources from
Incoming resources from
Generated Funds
Generated Funds
VoluntaryIncome
Voluntary Income
19,951
19,951
- 180
180
20,131
20,131
32,358
32,358
Activities for Generating Funds
Activities for Generating Funds
20,092
20,092
= 7 20,092
20,092
21,101
21,101
Investment Income
Investment Income
1,043
1,043
- - 1,043
1,043
1,563
1,563
TotalIncoming resources
TotalIncoming resources
41,086
41,086
- 180
180
41,266
41,266
55,022
55,022
Resources expended
Resources expended
Costs ofGeneratingFunds
Costs ofGenerating Funds
4,857
4,857
- - 4,857
4,857
4,576
4,576
Charitableactivities
Charitable activities
37,990
37,990
- 9,328
9,328
47,318
47,318
45,158
45,158
Governance costs
Governance costs
3,662
3,662
- - 3,662
3,662
3,440
3,440
Resourcesexpended
Resourcesexpended
46,509
46,509
- 9,328
9,328
55,837
55,837
53,174
53,174
Totalincoming/(outgoing)
Total incoming/(outgoing)
resources for the year
resources for theyear
(5,423)
(5,423)
- (9,148)
(9,148)
(14,571)
(14,571)
1,848
1,848
Transfers
Transfers
257
257
(1,963)
(1,963)
1,706
1,706
. -
Gains/(losses) on investments
Gains/(losses) on investments
- 1,576
1,576
1,576
1,576
(4,328)
(4,328)
Net Movement in Funds
NetMovement in Funds
(5,166)
(5,166)
(387)
(387)
(7,442)
(7,442)
(12,995)
(12,995)
(2,480)
(2,480)
Funds at 1 January 2023
Funds at 1 January 2023
27,158
27,158
20,185
20,185
15,195
15,195
62,538
62,538
65,018
65,018
Funds at 31 December 2023
Fundsat31December2023
21,992
21,992
19,798
19,798
7,753
7,753
49,543
49,543
62,538
62,538

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