Charity Registration No. 802682
Company Registration No. 02438015 (England and Wales)
THE OUTLOOK FOUNDATION
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
BUSINESS
ADVISORS
& ACCOVNTANTS
One Bell Lane
Lewes
East Sussex
BN7 IJU

THE OUTLOOK FOUNDATION
CONTENTS
Page
Company information
Chairman's report
Trustees report
4-11
Statement of Trustees responsibilities
12
Independent auditor's report
13~16
Statement of financial activities
17
Balance sheet
18
Statement of cash flows
19
Notes to the financial statements
20-30

THE OUTLOOK FOUNDATION
COMPANY INFORMATION
Trustees
Mrs Minall
MrADPol
Mr M O'mahoney
Mr S Bell
Mr R Miles
Dr. E Scott-Gliba
Mr E Trump
(Appointed 22 June 20241
(Appointed 7 February 2025)
Charity number
802682
Company number
02438015
Registered office
74 Redhill Drive
Brighton
East Sussex
BNI 5FL
Auditor
TC Group
One Bell Lane
Lewes
East Sussex
BN7 IJU

THE OUTLOOK FOUNDATION
CHAIRMAN'S YEAR END REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Outlook Foundation has seen a positive movement forward in getting our residents into the community
through independent living, we have 4 properties offering this extended service. This allows us to h'll our main
houses, and welcome new faces. This protects us regarding fees and income moving forward.
We have had to make a tough decision and raise the fee to cover our overheads again this year and being able to
afford & maintain our charitable status. We are a Residential Care Facility and have to look at SupEY)rtive living &
balance this with Residential Care packages living to run this this as a business, as well as to protect it as a Charity.
The Main House is near completion, with a few minor snagging areas to address; sadly, with the finding of
Asbestos and added building regulations, we were over budget. Luckily, we received some £90k in Donations from
the work from our Fund/Grant manager.
There were less issues again this year around shortages of staff but the headache of running the ￿er-InCreasIng
running costs across 3 houses remains. The new Governments, National Insurance increases & increasing
minimum wage has added an estimated £70k per annum to our payroll costs.
We rewarded our staff a Christmas Bonus in this financial year as a gesture of thanks.
The age and high daily usage on our buildings creates areas of 'wear & tear, and the elements are also against us
externally. Thus, maintaining this comes at an increased cost.
Our attempt to strengthen the Trustee Board with new appointments, especially around Senior Finanoal Skills and
HR areas, have been achieved with two excellent Trustees in Finance & HR. Trustees, details are now on the web
site.
We have been training in and installed a new accounting package that makes the numbers understandable &
easier for Senior teams to access across any period. This has helped us manage our finances and understand our
running costs & overheads. The System is known as Fathom.
Both Eric and Simon, our Trustees. are continuing to do great work re- Parental Committees and Resident
Committees, to listen, understand and give feedback to Senior Managers and Trustees alike.
Without our staff and Senior Management teams we could not operate. The Trustees want to congratulate Ria and
the various teams within the four properties (including the new flat scheme) for their management, the diligence
and the protection residents in often very difficult times.
Developing income streams outside of relying on the residential fee is now essential, to protect several areas:
Repair and maintenance of our ageing Estate.
Direction of the properties across Residential & Supportive living as we face new funding rules and the shrinking
of budgets from the many councils.
Training skilled staff
In late 2024 we were forced by planning rules to install new windows into Gaynor House at a cost of £30,000.
The outsourcing of accommodation, where residents move to independence in private accommodation, overseen
by TOF, is going well. We are on flat no 4 and this programme really builds on the Charity's desire to develop
residents, skills and move them to some form of independence within the safety net of TOF.
We continue to receive high scores from The Charity Commission, Social Workers assigned to our residents and
Brighton & Hove Council.
Trustees talk & meet regularly, and we hold 4 Full Trustee meetings per annum.
Thanking you

THE OUTLOOK FOUNDATION
CHAIRMAN'S YEAR END IIEPORT (coKfiNUED)
FOR THE YEAR ENDED 31 MARCH 2025
Ch
Irman
Date..
1.8....1.£..-,.2025

THE OUTLOOK FOUNDATION
TRUSTEES REPORT IINCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note I to the
financial statements and comply with the charitable company's governing document, the Companies Act 2006 and
"Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities pteparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
{FRS 1021 (effective l January 20191.
Objectives and activities
The Charity's aim land its mission statement) is to empower people with learning disabilities by ￿0vidIng safe
comfortable homes in the community. This includes delivering person centred support, educational development,
life skills training and promoting wellbeing, which will enable individuals to achieve their full potential.
The Chartty's aim is to 'make a difference, to the lives of the client groups, the public will benefit by the policies
and development of the Charity and the bespoke curriculum put in place for each individual. The overall benefit
will be identifiable by the integration of the status group5 concerned fulh'lling life through the training provided by
the Charity as well as making the individuals as independent as they are able to be and to interact within the
communitv.
The charity has a training programme for volunteers. The Charity provides training for organisations where our
residentsltenants have voluntary work placements. We advertise for volunteers as a constant on-going practice.
The charity also has a rigorous staff training program with regular training in all areas of compliance and specifi'c
to the residents needs. The charity recently was chosen by Brighton NHS Clinical Psychology Dept to have 2
Postgraduates use Outlook House as part of their doctorate, steered by Elizabeth Scott- Gilba, A Senior Clinical
Psychologist and one of our Trustees.
Strntegiesfvr achieving aims and object7ves
We aim to achieve the mission statement above by continuing development and maintenance of essential life
skills, ranging from personal hygiene to room cleaning, road crossing and bus travel. To working in the
community whilst living semi independently.
All residents and tenants have individual life skills plans that they devise in collaboration with support staff. The
person-centered approach to life skills training results in successful completion leading to increased
independence, appropriate to the individual.
Publlc benefit
The activities currently carried out for public benefit by the charity are always ensured by the trustees to be in line
with our mission statement, with the overall aim being that the people we work aong side are fully integrated as
part of their local community.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what attivities the
charity should undertake.

THE OUTLOOK FOUNDATION
TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Achievements and performance
Key financial performance Indicators
To maintain full occupancy and quality of service.
The service is reviewed in four different ways, firstly by purchasers the residents personal social worker from their
County/Region they come from, secondly by regular internal/senior staff systems of monitoring individual needs,
one to one meetings where we ensure that the aims and objectives of the charity are being met, thirdy
inspections carried out by the Care Quality Commission ICQCI and lastly by an annual Quality Assurance exercise
in which questionnaires are sent out to residents and tenants, staff, parents, social workers and other external
bodies. The charity is able to measure it'5 performance by an individual achieving life skills and further
independence.
Review of activities
The Charity provides accommodation across three homes - Outlook House, Jean Marshall House and Gaynor
Forster House.
Plus, outsourcing of houses & flats where landlords are guaranteed fees, these provide the independence needed
with the correct & safety for staff to live in or monitor the residents.
Outlook House
Set in a residential area of Brighton, Withdean, Outlook House and grounds are situated in the heart of. the local
communtty, with access to local shops, buses and primary healthcare. The house has the feel of a spacious- family
home, with 12 en suite rooms and well-equipped shared spaces. There is a large garden, with a greenhouse and
vegetable patches, where green fingered residents can even try their hand at growing some grub.
Outlook House residents have use of all of the facilities at the house and are encouraged to act}￿lY participate in
making Outlook House their own comfortable and happy home.
Outlook House is a 'residential care, setting.
We started to improve on this property in November 2024 to build 4 independent apartments to add to our
program of shared care Isupportive living. The Main House is near completion, with a few minor snagging areas to
address, sadly with the finding of asbestos, added building regulations, we were over budget. Luckily. we received
some £75k in Donations, thanks to Ceiri O'Douglas hard work as Fund/Grant manager.
Jean Marshall-House
Situated in a residential area of Hove, close to Hove station, Hove Park, the seafront. Shops and primary
healthcare. Jean Marshall House has 8 en suite rooms alongside. several large and comfortable shared spaces; a
lounge, conservatory, dining room and large patio and courtyard.
Support Staff can be accessed by tenants both day and night at Jean Marshall House.
Jean Marshall House is a 'supported living, setting.

THE OUTLOOK FOUNDATION
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
nor Fors
r House
Situated in a residential area of Brighton, very close to Preston Park, local shops and primary healthcare services.
It is very well positioned for public transport with great bus routes and both London Road and Preston Park train
stations, nearby.
The overall house has been converted into 5 comfortable, self contained flats, with an additional shared utility
room. The tenants benefit from a lovely, large courtyard garden with a built-in barbeque. Support staff can be
accessed by tenants during the day at Gaynor Forster House. In 2024, we were forced by planning rules to install
windows into Gaynor House, this set us back over £30,000.
Gaynor Forster House is a 'supported living, setting.
The Outlook Foundation looks back on a challenging year that has been tough for the entire Care Sector with
added cost increases in labour, shortages of staff and the ever-increasing cost to run the 3 houses, plus the
properties in the communities. We need and continue to increase fees where we can, but have taken on the
position of hiring a dedicated Marketing Manager to raise external funds through donations, grants and raising our
profile within Brighton & Hove. It is imperative that the Trustees seek other income other than relying on council
funding going forward.
The aim being to drive the Charity forward as a business but also to recognise the importance of maintaining our
core values. Lesley moved mountains and worked hard to get us into a far better accounting position. We have
strengthened our Tnjstees by adding Simon Bell. who has experiences in staff incentives, contracts running
businesses, Mike O'mahoney Expert in micro finance and cash flow management. Janet Tapsell, Senior in other
related Charities and Expertise in HR and Charity Finances. Equally pleased to add Eric Trump as Company
Secretary. Angelo De Pol continues as Trustee looking after Strategic Finance and Risk Management with Richrd
Miles in charge of Marketing & Donations and Strategies on utility Management and I was extremely honored to
be voted as permanent Chair from Vice Chair. Elizabeth Scott-Gilba works with the CEO & Staff on welfare issues &
specific issues around mental health. Simon Bell & Eric Trump also steer the Parental Committee, to allow Parents
& Residents to voice their viewslidea to the Trustees.
Trustees meet 4 times per year, via Zoom and one physical meeting. Plus, regular individual callslemails &
discussions throughout the year. The CEO is in regular contact with all Trustees. A One to One with The Chair is
organised with 311 Senior Managers once a year on a P&C basis. Chair & CEO discuss top line issues at least once
every 10 days.

THE OUTLOOK FOUNDATION
TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Financial review
The Outlook Foundation looks forward to hopefully, a less challenging year.
2025 brought positive movement in getttng more of our residents into the community through independent living,
allowing us to fill our houses and reorganise with new faces. This higher level of occupancy protects us in terms of
fees and income but we 5ti11 had to take the tough decision and raise fees to cover our rising overlEads and
maintain our charitable status. We are first and foremost a Residential Care Facility and have to operate as a
business but also respect the residents and staff who are our lifeblood.
Ria and her team have done a magnificent job again this year with Council budgets under severe pressure, to
increase fees in line with rising costs and improve our top line income. This comes with finding extra residents to
fill those empty bedrooms. However, do not underestimate the hours it takes to raise invoices, chase councils to
pay us. We have two outstanding fees to the tune of over £IOOk we are still chasing.
The Trustees need to state that we are financially solvent and TOF is in a good position to fund the Charity.
The initiative. hard work of the operdtional team and the knowledge & the skill of the Trustees are continuing in
improving the quality of what we can deliver.
The charity's total income for the year was £1,808,93912024: £1,415.759} and had net outgoing resources for the
year of £1,746,54112024: £1,389,019). At 31 March 2025, the Foundation had unrestricted funds of £1,999,750
{2024: £1,937,352) and held free reserves of £58,36112024: £205.1991. The Outlook Foundation aims to hold
three months expenditure within free reserves. Three months expenditure, excluding depreciation, totals
£419,787 suggesting that free reserves are lower than the Trustees would like the charity to hold. The Trustees are
aware of this and are working with management to reduce expenditure and increase the charity's InconE to allow
for reserves to increase. However we are sitting on three properties with a book value which exceeds £1.6m,
market value for the area could easily exceed £2m: thus giving us acces5 to loan5 & assets to borrow against if
needed.
Going concern
After making appropriate enquirie5, the trustees have a reasonable expectation that the company has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they cortinue to adopt
the going concern basis in preparing the financial statements. Further details regarding the adoption of the going
concern basis can be found in the accounting policies.

THE OUTLOOK FOUNDATION
TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Reserves pollcy
Introdudion
This reserve policy outlines the financial management approach of The Outlook Foundation I"The Charity"). The
Charity prioritises maintaining a strong financial position to manage unforeseen expenses or revenue changes and
follows the guidance provided by the Charity Commission I'charity reserves: building resilience CC191.
Risk Profile
The Charity's risk profile is considered low primarily due to the following factors:
l. Stable Funding: The Charity relies on stable sources of local council funding via resident/tenant fees and
tenant housing benefits.
2. Positive Net Profit Margin: Although the Charity is a non-profit organisation, it typically 0￿rateS with a
positive Net Profit Margin, allowing for further reserve accumulation.
3. Debt-Free: The Charity is mortgage free and there are no other debts, nor is there any borrowwig
foreseen in the medium-term or long-term financial plans.
4. Significant Assets: The Charity has significant tangible fixed assets (predominantly property with market
value of at least £1.8ml, which may be utilised for financing if the need ever arose.
5. New Funding Source: A previously underutilised source of funding (grants and donations) has been
established by a new dedicated marketing manager role. The first 18 months provided grants in excess of
£80k.
6. Low Overheads and Staffing Risks: The Charity has no Head Office rent obligations and the Staff risks are
considered low.
Purpose of the reserves
l. Sector-Related Costs: The Charity has accumulated rese￿e5 to handle unexpected increases in sector-
related cost5, such as utilities, minimum wages, and the demands of providing services to special n*ds
adults. These reserves ensure the organisation can adapt to changes in the operating environment and
maintain the quality of care for residents if issues arise in either receiving payments of fees and housing
benefit or if there are any delays in obtaining agreement for fee increases to match rising expenses.
2. Property Maintenance and Improvements: Reserves support property improvements and general
maintenance. This includes provisions for enhancing the main property, adding rooms to accommodate
changes in shared care, as well as covering ongoing maintenance requirements. Adequate reserves are
necessary to sustain the physical infrastructure of the care home to meet the standards required bythe
coc.
3. Regulatory Requirements: The Charity complies with the Charity Commission guidelines ICC191 on
reserve policies, ensuring financial resilience.

THE OUTLOOK FOUNDATION
TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Reserve Level and Monitoring
The current reserves reflect the Charity's commitment to financial preparedness and addressing any short-term
needs. Trustees monitor and revlew reserve levels regularly to allgn with the operating environment and
regulatory requirements.
Target Reserve Level
The target reserve level is set at 25% of annual operating expenses, covering approximately three months of
expenses. The Trustees acknowledge that reserves may temporarily fall below this target in circumstances where
designated funds are set aside to finance signilicant projects le.g. building improvements). The reserves level will
be monitored throughout the year and reviewed quarterly by the Trustees.
Conclusion
The Charity's linancial stability is essential for its long-term sustainability and effective operations. Therefore, the
Trustees have set a prudent target reserve level, despite the low-risk nature of our operating model, which differs
from the largely donation-reliant charitable sector.
The reserve policy reflects the Charity's commitment to financial stability and readiness for potential sector-
related challenges, including property improvements, maintenance needs, and local authority budget pressures.
The current reserve level demonstrates the Charity's proactive approach to building funds. The Trustees will
continue to monitor and review reserves to ensure they meet evolving needs and comply with Charity
Commission guidance. Maintaining an appropriate level of reserves safeguards the Charity's ability to provide
high-quality care for special needs adults and ensures long-term sustainability.
Mojor risks
The Trustees. have assessed the major risks to which the company is exposed, in particular those related to the
operations and fi'nances of the company, arid are satisfied that systems and procedures are in place to mitigate
our exposure to the major risks.
Financial risk management objectives and policies
We endeavour to maintain full capacity across the 3 sites and the flat schemes. All payments of fees are monitored
and addressed where necessary. The charity also has a Business Continuity Plan in place, induding insurance to
cover any major disruption to that continuity.
Structure, governance and management
The company is registered as a charitable company limited by guarantee and was set up by a Trust deed.
The company is constituted under a Trust deed and is a registered charity number 802682.
The principal object of the company is the promotion of care and education of adults with learning difficulties.

THE OUTLOOK FOUNDATION
TRUSTEES REPORT {INCLUDING DIREcfoRS' REPORT) (CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees, who are also the directors for the purpose of company law, and who served during the year and up
to the date of signature of the fi'nancial statements were:
Mrs Minall
MrADPol
Mr M O'mahoney
Ms J Tapsel
Mrs Bell
Mr R Miles
Dr. E Scott-Gliba
Mr E Trump
(Appointed 22 June 20241
IAppointed 27 May 2024 and resigned 25 June 20251
IAppointed 7 February 20251
Recruitment ond appointment of trustees
The management of the company is the responsibility of the Trustees who are elected and co opted under the
terms of the Trust deed. The recruitment of new trustees is solely by introduction by existing members of the
trustee committee and they are individuals who have varying experiences of dealing with different b￿lneSs
operations that complement the charities mission statement. All new trustees are made aware of their roles
and responsibilities in line with current legislation and the charity's policies and procedures, and new trustees
are made familiar with The Outlook Foundation's three sites.
None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company
and guarantee to contribute £1 in the event of a winding up.
Organisational strurture
The Trustees meet 4-5 times a year. Day to day the Charity is run by 3 Director5 of Operations, who also comprise
the Key Management Personnel of the Charity. The remuneration of the Key Management Personnel is set by Ria
Mew and other non- paid trustees.
Information on fundraising pro¢tFces
The Outlook Foundation will need to look at fundraising strategies, this is due to an increase in liabilities, staffing
costs and the lack of government funds. The charity does not work with professional fundraisers and during the
last financial year did not have any agreement5 With commercial participators. During the last financial year there
were no complaints received by the charity about any fundraising the charity carried out. The charity does not
share the data with anyone and limits their fundraising approaches to ensure that they are not unreasonable and
that there is no undue pressure to give. Compliance to GDPR is paramount.
Auditor
In accordance with the company's articles, a resolution proposing that TC Group be ￿appoInted as auditor of the
company will be put at a General Meeting.
10-

THE oirfLOOK FOUNDATION
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORn (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Disclosure of infomiatlon to auditor
Each of the Trustees has confirmed that there 15 no infonnation of which thev are aware which Is relevant to the
audit. but of which the auditor is unaware. They have further confirmed that they have taken appropriate Steps to
identify su
relevant information and to estsblish that the auditor 15 aware of such information.
s report was approved by the Board of Trustees.
inall
Trustee
Date..
!.f..-12-2oZS
11

THE OUTLOOK FOUNDATION
STATEMENT OF TRUSTEES RESPONSIBIUTIES
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees, who are also the directors of The Outlook Foundation for the purpose of company law, are
responsible for preparing the Trustees Report and the financial statements in accordance with appli(3ble law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting PractTcel.
Company Law requires the Trustees to prepare financial statements for each financial year which ghie a true and
fair view of the state of affairs of the charitable company and of the incoming resources and application of
resources, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at
any time the financial position of the charitable company and enable them to ensure that the financial statements
comply w¢th the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable
company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
12

THE OUTLOOK FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF THE OUTLOOK FOUNDATION
Opinion
We have audited the financial statements of The Outlook Foundation (the 'charitable company'l for the year
ended 31 March 2025 which comprise the statement of fi'nancial activities, the balance sheet, the st*ement of
cash flows and notes to the financial statements, including significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102 The Finoncial Reporting Standard applicable in the UK and
Republic of Ireland {United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its
incoming resources and application of resources, for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting PractE￿.
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basi5 for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUK}l and applicable
law. Our responsibilities under those standards are further described in the Auditor's re5ponsibilitiesfor the audit
of the financial statements section of our report. We are independent of the charitable company in accordance
with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the
FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these
requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a
basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements. we have concluded that the Trustees use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charitable companys ability to
continue as a going concern for a period of at least twelve months from when the financial statements a
authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are d&cribed in the
relevant sections of this report.
Other information
The other information comprises the information included in the annual report other than the financial
statements and our auditor's report thereon. The Trustees are responsible for the other information contained
within the annual report. Our opinion on the financial statements does not cover the other informati)n and we
do not express any form of assurance conclusion thereon. Our responsibility is to read the other infi)rmation and,
in doing so, consider whether the other information is materially inconsistent with the financial ststements or our
knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify
such material inconsistencies or apparent material misstatements, we are required to determine whether this
gives rise to a material misstatement in the financial statements themselves. If, based on the work we have
performed, we conclude that there is a material misstatement of this other information, we are required to report
that fact.
We have nothing to report in this regard.
13-

THE OUTLOOK FOUNDATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE OUTLOOK FOUNDATION
Matters on whtch we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities IAccounts and
Reports) Regulations 2008 require us to report to you if. in our opinion..
the information given in the financial statements is inconsistent in any material respect with the Trustees
report; or
sufficient accounting records have not been kept; or
the financial statements are not in agreement with the accounting records; or
we have not received all the information and explanations we require for our audit.
Responsibilities of Trustees
As explained more fully in the statement of Trustees responsibilities, the Trustees. who are also the d1￿CtorS of
the charitable company for the purpose of company law, are responsible for the preparation of the linancial
statement5 and for being satisfied that they give a true and fair view, and for such internal contrd as the Trustees
determine is necessary to enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible
for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters
related to going concern and using the going concern basis of accounting unless the Trustees either intend to
liquidate the charitable company orto cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with
the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our
opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures
in line with our responsibilities, outlined above, to detect material misstatements in respect of i￿egUlarltie5,
including fraud. The extent to which our procedures are capable of detecting irregularities. including fraud is
detailed below:
Extent to which the audit was considered capable of detecting irregularities, including fraud
The objectives of our audit, in respect to fraud, are.. to identify and assess the risks of material misstatement of
the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks
of material misstatement due to fraud, through designing and implementing appropriate responses; and to
respond appropriately to fraud or suspected fraud identified during the audit. However, the primary responsibility
for the prevention and detection of fraud rests with both those charged with governance of the entity and its
management.
14-

THE OUTLOOK FOUNDATION
INDEPENDENT AUDITOR'S REPORT ICONTINUEDI
TO THE TRUSTEES OF THE OUTLOOK FOUNDATION
Our approach was as follows:
We identified areas of laws and regulations that could reasonably be expected to have a material effect
on the financial statements from our general commercial and sector experience, and through discussion
with the directors and other management las required by auditing standards), and discussed with the
directors and other management the policies and procedures regarding compliance with laws and
regulations,,
We considered the legal and regulatory frameworks directly applicable to the financial statements
reporting framework {FRS 102, Charities Act 2011 and the Companies Act 20061 and the relevant tax
compliance regulations in the UK.
We considered the nature of the industry, the control environment and business performance, including
the key drivers for management's remuneration:
We communicated identih-ed laws and regulations throughout our team and remained alert to anv
indications of non-compliance throughout the audit;
We considered the procedure5 and controls that the company has established to address risks idenffied,
or that othe￿iSe prevent, deter and detect fraud; and how senior management monitors those
programmes and controls.
Based on this understanding we designed our audit procedures to identify non-compliance with such laws and
regulations. Where the risk was considered to be higher, we performed audit procedures to address each
dentified fraud risk. These procedure5 included: testing manual journals; reviewing the financial statement
disclosures and testing to supporting documentation; performing analytical procedures. and enquiring of
management, and were designed to provide reasonable assurance that the financial statements were fr￿ from
fraud or error.
Owing to the inherent limÈtations of an audit. there is an unavoidable risk that we may not have detected some
material misstatements in the financial statements, even though we have properly planned and performed our
audit in accordance with auditing standards. For example, the further removed nortrcompliance with laws and
regulations (irregularities) is from the event5 and transactions reflected in the financial statements, the less likelv
the inherently limited procedure5 required by auditing standards would identify it. The risk is also greater
regarding irregularities occurring due to fraud rather than error, as fraud involves intentional c0￿ealment,
forgery, collusion, omi55ion or misrepresentation. We are not responsible for preventing non-compliance and
cannot be experted to detect non-compliance with all laws and regulations.
A further description of our responsibilities is available on the Financial Reporting Council's website at: https:/l
www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
15-

THE OUTLOOK FOUNDATION
INDEPENDENT AUDITOR'S REPORT ICONTINUED)
TO THE TRUSTEES OF THE OUTLOOK FOUNDATION
Use of our report
This report is made solely to the charity's trustees, as a body. in accordance with part 4 of thecharities (Accounts
and Reports) Regulations 2tM)8. Our audit work has been undertaken so that we might state to the charity's
trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the
fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and
the charity's trustees as a body, for our audit work, for this report, orfor the opinions we have formed.
TC Group
Statutory Auditor
Office: Lewes
Ig
TC Group is eligible for appointment as auditor of the charitable company by virtue of it5 eligibilty for
appointment as auditor of a company under of section 1212 of the Companies Act 2006
16-

THE OUTLOOK FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrlcted
funds
2025
Unrestricted
funds
2024
Notes
Income and endowments from:
Donations and legacies
Charitable activities
Investments
Other income
112,200
1,692,775
1,969
1,995
14,379
1,400,318
1,062
Total income
1,808,939
1,415,759
Expenditure on:
Charitable activities
Other expenditure
1,746,541
1,383.350
5,669
li
Total expenditure
1,746,541
1,389,019
Net income and movement in funds
62.398
26,740
Reconciliation of funds:
Fund balances at l April 2024
1,937,352
1,910,612
Fund balances at 31 March 2025
1.999,750
1,937,352
The statement of financial activities includes all gains and losses recognised in the year. All income and
expenditure derive from continuing activities.
17-

THE OUTLOOK FOUNDATION
BALANCE SHEEr
ASAT31 MARCH 2025
202S
2024
Notes
Fixed assets
Tangible assets
13
1,941,389
1,732.153
Current assets
Debtor5
sh at bank and in hand
86,879
345,510
14
221,060
94.628
315.688
432,389
Creditors: amounts falling due within one
vear
1257,3271
(227.1901
205,199
Net current assets
58.361
Total a55ets less current Ilabilities
1,999,750
1,937,352
The funds of the tharitsble company
Unrestricted funds
18
1.999,750
1,937.352
1,999,750
1,937,352
The company is entitled to the exemption from the audit requirement contained in settion 477 of the Companie5
Act 2006, for the year ended 31 March 2025. although an audit has been carried out under section 144 of the
Charities Att 2011.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Att 2CM)6
with respect to accounting records and the p￿paratIOn of financial statements.
The members have not required the company to obtsln an audit of its financial statements under the
requirements of the Companles Att 2tN)6, for the year in question in accordance with section 476.
These financial ststements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The finan
Statements were approved by the Trustees on .-..
ee
Compary registration number 02438015 IEngland and Wales)
18-

THE OUTLOOK FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operatin8 activities
Cash generated from operations
22
21,781
194,899
Imiesting artivities
Purchase of tangible fixed assets
Proceeds from disposal of tangible lixed
assets
1278,3 151
157,5721
3,683
1,969
Investment income received
1,062
Net cash used in investing activities
(272,6631
(56,510)
Net cash used in financing activities
Net (decrease}/increase in cash and cash
equivalents
1250,8821
138,389
Cash and cash equivalents at beginning of year
345,510
207,121
Cash and cash equivalents at end of year
94,628
345,510
19-

THE OUTLOOK FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting pollcies
Charlty Information
The Outlook Foundation is a private company limited by guarantee incorporated in England and Wales. The
registered office is 74 Redhill Drive, Brighton, East Sussex, BNI 5FL.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charitable company's governing
document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and
Republic of Ireland" ("FRS 102"} and the Charities SORP "Accounting and Reporting by Charities- Statement
of Recommended Practice applicable to charities preparing their accounts in accordance with the FIn￿claI
Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021" {effective l January 20191. The
charitable company is a Public Benefit Entity as defined by FRS 102.
The h'nancial statements are prepared in sterling. which is the functional currency of the charitable
company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal aoounting
policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the
charitable company has adequate resources to continue in operational existence for the foreseeable future.
Thu5 the Trustees continue to adopt the going concern basi5 of accounting in preparing the financial
statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherdnce of their charitable
objectives.
1.4 Income
Income is recognised when the charitable company is legally entitled to it after any performance c(￿dItionS
have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recoEnised on receipt. Other donations are recognised once the charitable company has
been notified of the donation, unless performance conditions require deferral of the amount. Income tax
recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of
the donation.
20-

THE OUTLOOK FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
{Continued)
1.5 Expenditure
Expenditure 15 recognised once there is a legal or constructive obligation to transfer economic bfflefit to a
third party, it is probable that a transfer of economic benefits will be required in settlement, andthe amount
of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of dirÈ* costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributaLle to a
single activity are allocated directly to that activity. Shared costs which contribute to more than one activity
and support costs which are not attributable to a single actFvity are apportioned between those attNities on
a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible fixed assets
Tangible lixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual value5 over
their useful lives on the following bases:
Freehold land and buildings
Fixtures and fittings
Computers
Motor vehicles
2% straight line
25% straight line
330A straight line
25% reducing balance
Assets in the course of construction are not depreciated.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale
proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charitable company reviews the carrying amounts of its tangible assets to
determine whether there is any indication that those assets have suffered an impairment Ios5. If any such
indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the
impairment loss {if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash In hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are
shown within borrowings in current liabilities.
21

THE OUTLOOK FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
{Continued)
1.9 Financial instruments
The charitable company has elected to apply the provisions of Section 11 'Basic Financial Instruments, and
Section 12 '0ther Financial Instruments1s5ues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charitable company's balance sheet when the charitable
company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention tosettle on a
net basis or to realise the asset and settle the liability simultarleouslv.
Basicfinonciol assets
Basic financial assets, which include debtors and cash and bank balances. are initially measured
transaction price including transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangement constitutes a financing transaction, where the transaction
is measured at the present value of the future receipts discounted at a market rate of interest. Financial
assets classified as receivable within one year are not amortised.
Ba5i¢finuncial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrdngement constitutes a financing transaction, where the debt instrument is measured at the p￿sent
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transactson price and subsequently measured at amortised cost using the effective interest method.
Derecognition offinanciol liabilities
Financial liabilities are derecognlsed when the charitable company's contractual obligations expire or are
discharged or cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's se￿iceS are
received.
Termination benefits are recognised immediately as an expense when the charitable company is
demonstrably committed to terminate the employment of an employee or to provide termination benefits.
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
-22-

THE OUTLOOK FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from donations and legactes
Unrestrlcted
funds
2025
Unrestricted
funds
2024
Donations and gifts
112,200
14.379
Income from charitable ac17vities
Unrestrirted
funds
2025
Unrestricted
funds
2024
Tenant fees
1,692,775
1,400,318
Income from investments
Unrestricted Unrestricted
funds
funds
2025
2024
Interest receivable
1,969
1,062
Other income
Unrestricted Unrestricted
funds
funds
2025
2024
Net gain on disposal of tangible fixed assets
1.995
-23-

THE OUTLOOK FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on charitable activities
Promotion
of care and
education
2025
Promotion
of care and
education
2024
Direct costs
Staff costs
Depreciation and impairment
House running costs
Repairs and maintenance
Supplies and other residential support
Administration costs
Holiday costs
1,299,143
67,391
176,324
50,637
43,835
87,254
4,759
1,001,720
63,354
137,045
39,443
33,698
62,236
2,744
1.729,343
1,340.240
Share of support and governance costs (see note 71
Governance
17,198
43,110
1,746,541
1,383,350
Analysis by fund
Unrestricted funds
1,746,541
1,383,350
Support costs allocated to activities
2025
2024
Governance costs
17,198
43,110
Analysed between:
Promotion of care and education
17,198
43,110
Net movement In funds
2025
2024
The net movement in funds is stated after charging/lcrediting):
Fees payable for the audit of the charity's financial statements
Depreciation of owned tangibSe fixed assets
IProfitl/loss on disposal of tangible fixed assets
15,300
67,391
11,9951
15.300
63,354
5,669
-24-

THE OUTLOOK FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
None of the Trustees {or any persons connected with them) received any remuneration during the year, but
one trustee was reimbursed a total of £190 for travelling expenses {2024- none were reimbursed).
10 Employees
The average monthly number of employees during the year was:
2025
Number
2024
Number
Admin & Care staff
40
35
Employment costs
2025
2024
Wages and salaries
Social security Costs
Other pension costs
1, 168,504
106,907
23,732
902,313
81,508
17,899
1,299,143
1.001,720
The number of employees whose annual remuneration was more than
£60,000 is as follows-
2025
Number
2024
Number
£60,001 to £70,000
Remuneration of key management personnel
The remuneration of key management personnel was as follows:
2025
2024
Aggregate compensation
132,793
124,262
-25-

THE OUTLOOK FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
11 Other expenditure
Unrestrlcted Unrestrlcted
funds
funds
2025
2024
Net loss on disposal of tangible fixed assets
5,669
12 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
13 Tangible fixed assets
Freèhold land
and buildings
Assets under
construction
FiX￿re$ and
fittings
Computers Motor ￿hl￿e$
Totsl
Cost
At l April 2024
Additions
Disposals
2,690.178
57.224
669
348
828
20,460 2,768,210
278,315
116,8601 116,8601
276,818
At 31 March 2025
2,690,178
276,818
57,893
1,176
3,6(hJ 3,029.665
Depreciation and
impairment
At l April 2024
Depreciation charged in the
year
Eliminated in respect of
disposals
1,008,003
9,855
67
18,132 1,036,057
52,655
14,392
184
160
67,391
{15,1721 {15,172)
At 31 March 2025
1,060.658
24,247
251
3,120 1,088,276
Carryln8 amount
At 31 March 2025
1,629.520
276,818
33,646
925
480 1,941,389
At 31 March 2024
1,682,175
47,369
281
2,328 1,732,153
-26-

THE OUTLOOK FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
14 Debtors
2025
2024
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
203,471
4,946
12,643
75,701
11,178
221,060
86,879
15 Creditors: amounts falllng due within one year
2025
2024
Notes
Other taxation and social security
Deferred income
Trade creditors
Other creditors
Accruals
50,755
59,743
110,468
21,061
15,300
84,877
21.563
77,562
12,962
30,226
16
257,327
227.190
16 Deferred income
2025
2024
Other deferred income
59.743
21,563
Deferred income is included in the financial statements as follows:
2025
2024
Deferred income is included within:
Current liabilities
59,743
21,563
Movements in the year:
-27-

THE OUTLOOK FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
16 Deferred income
{Continued)
Deferred income at l April 2024
Released from previous periods
Resources deferred in the year
21,563
{21,5631
59,743
13,985
(13,9851
21,563
Deferred income at 31 March 2025
59,743
21,563
The deferred income relates to residents fees invoiced in advance.
17 Retlrement benefit schemes
2025
2024
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes
23,732
17,899
The charitable company operates a defined contribution pension scheme for all qualifying employees. The
assets of the scheme are held separately from those of the charitable company in an independently
administered fund.
18 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At l April 2024
Incoming
resources
Resources At 31 March
expended
2025
General fund5
1.937,352
1,808,939
{1,746,541)
1,999,750
Previous year:
At l April 2023
Incoming
resources
Resources At 31 March
expended
2024
General funds
1,910,612
1,415,759
11,389,019)
1,937,352
-28-

THE OUTLOOK FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
19 Analysis of net assets between funds
Unrestricted
fvnds
2025
At 31 March 2025:
Tangible assets
Current assets/lliabilities}
1.941,389
58,361
1,999,750
Unrestricted
funds
2024
At 31 March 2024:
Tangible assets
Current assets/lliabilitiesl
1.732.153
205,199
1,937,352
20 Operating lease commitments
Lessee
At the reporting end date the charitable company had outstanding commitments for future minimum I￿Se
payments under non-cancellable operating leases, which fall due as follows:
2025
2024
Within one year
Between two and five years
45,830
10,847
45,830
26,677
56,677
72,507
21 Related party transartlons
During the year. there were transactions with related parties. A family member of key management Fersonal
was employed by the charity during the year. They received £30,38512024- £29.4471.
-29-

THE OUTLOOK FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22 Cash generated from operations
2025
2024
Surplus for the year
62,398
26,740
Adjustments for:
Investment income recognised in statement of financial activities
(Gainl/loss on disposal of tangible fixed assets
Depreciation and impairment of tangible fixed assets
11,9691
11,9951
67,391
11,0621
5,669
63,354
Movements in working capital:
{Increasel in debtors
{Decreasel/increase in creditors
Increase in deferred income
1134,1811
18,0431
38,180
{8.9701
101,590
7,578
Cash generated from operations
21,781
194,899
23 Analysis of changes in net funds
The charitable company had no material debt during the year.
-30-