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2025-11-30-accounts

Charity number: 1199724

SEDSCONNECTIVE CIO

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

SEDSCONNECTIVE CIO

CONTENTS

Page
Reference and administrative details of the Charity, its Trustees and advisers 1
Trustees' report 2 - 7
Independent examiner's report 8
Statement of financial activities 9
Balance sheet 10
Notes to the financial statements 11 - 22

SEDSCONNECTIVE CIO

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 NOVEMBER 2025

Trustees Jane Green, Chair
Stephanie Lucas, Treasurer (appointed 1 February 2025, resigned 31 May 2025)
Monica Collins (resigned 31 March 2025)
Kelly Harris
Abraham Arshad (resigned 28 February 2025)
Katy Brizell
Andrea Sanchez
Sonal Bisht
Lkhagvadulam Battumur, Treasurer (appointed 22 August 2025)
Joanna Feanley (resigned 30 June 2025)
A Qureshi (appointed 9 October 2025)
Charity registered
number
1199724
Principal office
Planet House
North Heath Lane Industrial Estate
Horsham
West Sussex
RH12 5QE
Accountants
GMBC LLP
Chartered Tax Advisers and Accountants
Marine House
151 Western Road
Haywards Heath
West Sussex
RH16 3LH

Page 1

SEDSCONNECTIVE CIO

TRUSTEES' REPORT FOR THE YEAR ENDED 30 NOVEMBER 2025

The Trustees present their annual report together with the financial statements of the SEDSConnective CIO for the 1 December 2024 to 30 November 2025.

Objectives and activities

a. Policies and objectives

The object of the CIO, to be carried out for the public benefit primarily in Sussex, the surrounding areas and beyond, as the Trustees see fit, is:

To relieve the needs of people (and their families and or their carers) living with Ehlers-Danlos Syndrome (EDS), Hypermobility Spectrum Disorders (HSD) or symptomatic hypermobility, neurodivergent conditions and any associated conditions or symptoms, in particular but not exclusively, by:

a) providing advice, information and peer support as well as funding for activities, support services and equipment; b) advancing the education of the public and allied professionals by raising awareness of the above conditions.

For the purpose of this object, “neurodivergent conditions” include, but not exclusively, Autism, Attention Deficit Hyperactivity Disorder (ADHD), Dyspraxia and Tourette’s Syndrome. “Associated conditions or symptoms” include, but are not limited to, fibromyalgia, M.E/CFS (Chronic Fatigue Syndrome), Allergies and Postural Tachycardia Syndrome (POTS).

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

Achievements and performance

Page 2

SEDSCONNECTIVE CIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025

Achievements and performance (continued)

a. Review of activities

SEDSConnective addresses a significant gap in understanding for the neurodivergent community, by providing support for individuals with symptomatic hypermobility and related conditions, including Ehlers-Danlos Syndromes and neurodivergence. The prevalence of these conditions is higher than commonly reported, emphasising the need for improved diagnosis, support and understanding.

SEDSConnective is run primarily by volunteers but also sources specialist practitioners to run several activities that are put into place in co-production with its members. The charity also uses webinars, focus groups, polls and surveys to be sure it is delivering exactly what its members want. Activities include:

Website Development

During the year ended 30 November 2025, SEDSConnective started to plan a redesigned website to improve accessibility, user experience and access to support for our growing membership. The new platform will provide easier navigation to educational resources, webinars, support meetings, events and information services. The redesigned website will strengthen the charity's ability to provide specialist information to people who may otherwise struggle to access support. The website is also expected to improve operational efficiency and deliver ongoing savings in administration and digital service delivery.

Professional Education and Awareness

Representatives of SEDSConnective were invited to contribute to educational and professional events hosted by leading organisations, including the Royal Society of Medicine, the Royal College of Psychiatrists Neurodevelopmental Special Interest Group and the Royal College of General Practitioners.

SEDSConnective also supported and promoted a major international hybrid conference exploring the impact of invisible illness, Long Covid, hypermobility and neurodivergence, held at the Royal Society of Medicine in July 2025 and bringing together healthcare professionals, researchers, advocates and people with lived experience from across the UK and internationally. SEDSConnective offered members with lived experience the opportunity to attend the conference, helping ensure their voices and perspectives were represented. The event represented an important step in raising awareness of the links between hypermobility, chronic illness and neurodivergence and reflected growing recognition of these issues within healthcare and academic communities.

The charity also contributed to wider public awareness and training across a range of related areas, including ADHD, autism and health, anaesthetics, hormones, dentistry, mental health, parents carers of children and young people in education, social care and neurodevelopmental pathways, enabling SEDSConnective to share lived experience, emerging evidence and practical knowledge with healthcare professionals and improve understanding of the conditions experienced by beneficiaries.

The “TheySEDS” Campaign

During the year, SEDSConnective continued to develop and expand the “TheySEDS” awareness campaign, drawing on feedback and involvement from volunteers and members.

The campaign aims to improve understanding of the relationship between hypermobility, chronic illness and neurodivergence, while promoting inclusion and earlier recognition of these conditions. It also supported wider partnership working, with SEDSConnective strengthening connections across the health, disability, neurodivergence and SEND sectors.

Partnerships

Page 3

SEDSCONNECTIVE CIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025

Achievements and performance (continued)

During the year, SEDSConnective strengthened its partnership working across local, regional and national networks. The charity became a partner in a mental health consortium comprising 21 member organisations in a major city. It also continued its voluntary and community sector membership across five further large consortia, spanning children’s and adult services, education, early years, disability rights, disabled people’s organisations, neurodivergent partnership boards, NICE-related engagement and local community groups.

Membership, engagement and public awareness continued to grow, extending the charity’s reach within the UK and beyond in Europe. SEDSConnective was also invited to contribute to parliamentary and policy-facing events, including International Day of Persons with Disabilities activity at Westminster and online events involving Ministers.

Research and Media Engagement

SEDSConnective continued to support research activity aligned with its charitable objectives and collaborated with researchers and academic institutions. The charity promoted ethically approved research opportunities to members and beneficiaries and contributed to discussions surrounding symptomatic hypermobility, Ehlers Danlos Syndromes, paediatric Hypermobility Spectrum Disorders and associated conditions including Dysautonomia, MCAS, gastroenterology and neurodivergence.

The charity was acknowledged in peer reviewed research publications including the Royal College of General Practitioners (RCGP) Journal and Scientific American, and continued to contribute to media coverage, professional publications, podcasts and interviews. SEDSConnective representatives, members and volunteers presented at events and conferences including the Royal Society, the Royal College of Psychiatrists and the RCGP, as well as government think tanks, public events and local awareness events in cities and towns across the UK. SEDSConnective is recognised as the first and pioneering charity in the world working at the intersection of hypermobility and neurodivergence. These activities have helped increase awareness and improve public understanding of the conditions experienced by beneficiaries.

b. Investment policy and performance

It is the policy of the charity to maintain Reserves for both restricted and unrestricted funds in cash. The charity has not yet accumulated sufficient funds to consider establishing a formal Investment Policy.

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue 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.

b. Reserves policy

It is the policy of the charity to maintain unrestricted funds, which are free reserves of the charity, at a level of between 3 to 6 months of the resources expended. At this level the Trustees feel that in the event of a significant drop in funding, they would be able to continue the current activities of the charity for a limited period and discharge all financial and contractual liabilities. It would obviously be necessary to consider how funding would be replaced and/or activities changed.

Page 4

SEDSCONNECTIVE CIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025

c. Principal funding

The charity’s principal source of funding is in the form of cash grants for which the charity has to apply on an individual basis as and when the funding opportunity becomes available. For the period covered by this report, the most significant grants came from Lloyds Bank Foundation.

Structure, governance and management

a. Constitution

SEDSConnective CIO is a registered charity. It is registered with the Charity Commission in England and Wales number 1199724 and with the Office of the Scottish Charity Regulator in Scotland number SC054110. It is governed by a Constitution dated 20 July 2022.

b. Methods of appointment or election of Trustees

The management of the charity is the responsibility of the Trustees who are elected and co opted under the terms of the Constitution. The Board of Trustees must have a minimum of three members; there is no maximum number of charity trustees that may be appointed to the CIO.

c. Organisational structure and decision-making policies

The Board of Trustees delegates the running of the day to day operations of the charity to the Chief Executive Officer who is also the Chair of the Trustees. To facilitate effective operations, the CEO has delegated authority, within terms of delegation approved by the Trustees, for operational matters including finance, employment, and performance related activities.

d. Policies adopted for the induction and training of Trustees

New Trustees undergo an induction session with SEDSConnective to brief them on their obligations under charity law, the content of the Constitution, the committee and decision-making processes, the business plan, budget and recent performance of the charity and the policies of the charity. During the induction session they meet other Trustees. Trustees are encouraged to attend appropriate training and information sessions to facilitate the undertaking of their role

Page 5

SEDSCONNECTIVE CIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025

Structure, governance and management (continued)

e. Financial risk management

The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

The charity is run almost entirely by volunteers and is dependent on successful grant applications to fund the services it provides. The most significant risks facing SEDSConnective therefore relate to securing and maintaining its income streams and ensuring there is adequate cover for volunteers who are themselves potentially vulnerable to medical complications.

A financial landscape of rising inflation and a cost of living crisis has direct implications for charities like SEDSConnective, who are grappling with the difficult reality of increased operational costs and diminishing donation values. The financial challenges could hinder the ability of SEDSConnective to fulfil its mission effectively. In this challenging environment, the need for funding support becomes even more pressing for small charities like SEDSConnective. An income shortfall would threaten to limit its capacity to provide vital services, conduct outreach programmes, and support the community effectively.

Plans for future periods

The charity's priorities for 2026 include:

The Trustees remain committed to ensuring that SEDSConnective continues to provide high-quality support while developing the capacity and resilience required to meet increasing demand and maximise impact for beneficiaries.

Page 6

SEDSCONNECTIVE CIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025

Statement of Trustees' responsibilities

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees and signed on their behalf by:

................................................ Jane Green (Chair of Trustees) Date: Aug 26, 2026

Page 7

SEDSCONNECTIVE CIO

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 NOVEMBER 2025

Independent examiner's report to the Trustees of SEDSCONNECTIVE CIO ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 30 November 2025.

Responsibilities and basis of report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Dated: 26 August 2026

Signed:

Graham Hole (CTA)

Marine House 151 Western Road Haywards Heath West Sussex RH16 3LH

Page 8

SEDSCONNECTIVE CIO

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2025

Note
Income from:
Donations and legacies
3
Other trading activities
4
Total income
Expenditure on:
Charitable activities
5
Total expenditure
Net (expenditure)/income
Transfers between funds
14
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Restricted
funds
2025
£
-
-
-
14,732
14,732
(14,732)
(12,187)
(26,919)
27,386
(26,919)
467		 Unrestricted
funds
2025
£
31,069
2,155
33,224
28,987
28,987
4,237
12,187
16,424
25,377
16,424
41,801		 Total
funds
2025
£
31,069
2,155
33,224
43,719
43,719
(10,495)
-
(10,495)
52,763
(10,495)
42,268		 Total
funds
2024
£
40,861
1,447
42,308
20,035
20,035
22,273
-
22,273
30,490
22,273
52,763

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 11 to 22 form part of these financial statements.

Page 9

SEDSCONNECTIVE CIO

BALANCE SHEET AS AT 30 NOVEMBER 2025

Note
Fixed assets
Tangible assets
10
Current assets
Debtors
11
Cash at bank and in hand
Current liabilities
Creditors: amounts falling due within one
year
12
Net current assets
Total assets less current liabilities
Net assets excluding pension asset
Total net assets
Charity funds
Restricted funds
14
Unrestricted funds
14
Total funds		 1,258
42,645
43,903
(3,647)		 2025
£
2,012
2,012
40,256
42,268
42,268
42,268
467
41,801
42,268		 291
53,532
53,823
(3,873)		 2024
£
2,813
2,813
49,950
52,763
52,763
52,763
27,386
25,377
52,763

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Jane Green (Chair of Trustees) Date: Aug 26, 2026

The notes on pages 11 to 22 form part of these financial statements.

Page 10

SEDSCONNECTIVE CIO

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

1. General information

SEDSConnective CIO is a registered charity. It is registered with the Charity Commission in England and Wales number 1199724 and with the Office of the Scottish Charity Regulator in Scotland number SC054110. The principal office is Planet House, North Heath Lane Industrial Estate, Horsham, West Sussex, RH12 5QE.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

SEDSCONNECTIVE CIO meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the 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 direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable 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 activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

Page 11

SEDSCONNECTIVE CIO

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

2. Accounting policies (continued)

2.3 Expenditure (continued)

All expenditure is inclusive of irrecoverable VAT.

2.4 Tangible fixed assets and depreciation

Tangible fixed assets costing £100 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following bases:

2.5 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.6 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.7 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.8 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Page 12

SEDSCONNECTIVE CIO

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

2. Accounting policies (continued)

2.9 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

3. Income from donations and legacies

Donations
Grants
Total 2024		 Restricted
funds
2025
Unrestricted
funds
2025
£
£
-
3,419
-
27,650
-
31,069
25,500
15,361		 Total
funds
2025
£
3,419
27,650
31,069
40,861		 Total
funds
2024
£
1,208
39,653
40,861

4. Income from other trading activities Income from non charitable trading activities

Unrestricted
funds
2025
£
Charity trading income - Domestic
2,155
Total 2024
1,447		 Total
funds
2025
£
2,155
1,447		 Total
funds
2024
£
1,447

Page 13

SEDSCONNECTIVE CIO

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

5. Analysis of expenditure on charitable activities

Summary by fund type

Supporting members and expanding
awareness
Other
Total 2024		 Restricted
funds
2025
Unrestricted
funds
2025
£
£
14,732
28,987
-
-
12,810
7,226		 Total
2025
£
43,719
-
20,036		 Total
2024
£
20,035
1

6. Analysis of expenditure by activities

Supporting members and expanding
awareness
Total 2024
Analysis of direct costs
Pilates classes and other therapeutic activities
Fundraising expenses
Other direct costs
Total 2024		 Activities
undertaken
directly
2025
£
12,740
9,379		 Support
costs
2025
£
30,979
10,656
Activities
2025
£
6,771
3,119
2,850
12,740
9,379		 Total
funds
2025
£
43,719
20,035
Total
funds
2025
£
6,771
3,119
2,850
12,740
9,379		 Total
funds
2024
£
20,035
Total
funds
2024
£
3,093
5,400
886
9,379

Page 14

SEDSCONNECTIVE CIO

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

6. Analysis of expenditure by activities (continued)

Analysis of direct costs (continued)

Analysis of support costs

Activities
2025
£
Salary & wages
8,382
Depreciation
1,747
Bank Charges
6
Subscriptions
-
Telecommunications
125
IT Software and consumables
980
Advertising and marketing
450
Audit & accountancy fee
1,406
Insurance
589
Legal & professional
51
Travel and subsistence
76
Administrative support
16,875
Other office cost
292
30,979
Total 2024
10,656
7.
Independent examiner's remuneration
Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual accounts		 Total
funds
2025
£
8,382
1,747
6
-
125
980
450
1,406
589
51
76
16,875
292
30,979
10,656
2025
£
960		 Total
funds
2024
£
-
1,721
1
17
108
1,911
38
800
-
40
53
5,650
317
10,656
2024
£
800

Page 15

SEDSCONNECTIVE CIO

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

8. Staff costs

Wages and salaries 2025
£
8,382
8,382		 2024
£
-
-

The average number of persons employed by the Charity during the year was as follows:

2025 2024
No. No.
Admin 1 -

No employee received remuneration amounting to more than £60,000 in either year.

9. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .

During the year ended 30 November 2025, expenses totalling £ 3,075 were reimbursed or paid directly to Jane Green (Trustee) and £100 to Monica Collins. The expenses reimbursed related mainly to travel and subsistence costs (2024 - £NIL) .

10. Tangible fixed assets

Cost or valuation
At 1 December 2024
Additions
At 30 November 2025
Depreciation
At 1 December 2024
Charge for the year
At 30 November 2025		 Office
equipment
£
2,731
-
2,731
1,092
546
1,638		 Computer
equipment
£
3,524
945
4,469
2,349
1,201
3,550		 Total
£
6,255
945
7,200
3,441
1,747
5,188

Page 16

SEDSCONNECTIVE CIO

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

10. Tangible fixed assets (continued)

Net book value
At 30 November 2025
At 30 November 2024
Debtors
Due within one year
Trade debtors
Prepayments and accrued income		 Office
equipment
£
1,093
1,639		 Computer
equipment
£
919
1,175
2025
£
-
1,008
250
1,258		 Total
£
2,012
2,814
2024
£
-
-
291
291

11. Debtors

12. Creditors: Amounts falling due within one year

Trade creditors
Accruals and deferred income		 2025
£
-
3,647
3,647		 2024
£
531
3,342
3,873

Page 17

SEDSCONNECTIVE CIO

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

13. Financial instruments

Financial assets
Financial assets measured at amortised cost
Financial liabilities
Other financial liabilities measured at amortised cost		 2025
£
42,645
2025
£
(3,647)		 2024
£
53,532
2024
£
(3,873)

Financial assets measured at amortised cost comprise cash at bank and in hand and other debtors.

Other financial liabilities measured at amortised cost comprise accruals.

Page 18

SEDSCONNECTIVE CIO

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

14. Statement of funds

Statement of funds - current year

Unrestricted funds
General Funds 1
Restricted funds
Gatwick Airport Community
Trust
Crawley Borough Council
Active Sussex
Sussex Community Foundation
Versus Arthritis
National Lottery
Horsham District Council
Community Fund
Brighton & Hove Council
Total of funds		 Balance at 1
December
2024
£
25,377
1,005
431
3,160
4,591
1,197
12,502
4,000
500
27,386
52,763		 Income
£
33,224
-
-
-
-
-
-
-
-
-
33,224		 Expenditure
£
(28,987)
-
-
-
(500)
(1,197)
(12,502)
(500)
(33)
(14,732)
(43,719)		 Transfers
in/out
£
12,187
(1,005)
(431)
(3,160)
(4,091)
-
-
(3,500)
-
(12,187)
-		 Balance at
30
November
2025
£
41,801
-
-
-
-
-
-
-
467
467
42,268

Page 19

SEDSCONNECTIVE CIO

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

14. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
General Funds - all funds
Restricted funds
Gatwick Airport Community Trust
Crawley Borough Council
Active Sussex
Sussex Community Foundation
Versus Arthritis
National Lottery
Horsham District Council Community Fund
Brighton & Hove Council
Total of funds		 Balance at
1 December
2023
£
15,746
1,011
1,175
3,160
4,591
2,918
1,389
500
-
14,744
30,490		 Income
£
16,808
-
-
-
-
-
20,000
3,500
2,000
25,500
42,308		 Expenditure
£
(7,177)
(6)
(744)
-
-
(1,721)
(8,887)
-
(1,500)
(12,858)
(20,035)		 Balance at
30
November
2024
£
25,377
1,005
431
3,160
4,591
1,197
12,502
4,000
500
27,386
52,763

Expenditures of £12,187 were incurred in 2023 and 2024 on projects which were initally believed to be from unrestricted funds. After a reanalysis of the records, the trustees have agreed that these costs can be allocated to restricted funds. The fund transfers in and out reflect these adjustments.

15. Summary of funds

Page 20

SEDSCONNECTIVE CIO

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

15. Summary of funds (continued)

Summary of funds - current year

General funds
Restricted funds		 Balance at 1
December
2024
£
25,377
27,386
52,763		 Income
£
33,224
-
33,224
Balance at
1 December
2023
£
15,746
14,744
30,490		 Expenditure
£
(28,987)
(14,732)
(43,719)
Income
£
16,808
25,500
42,308		 Transfers
in/out
£
12,187
(12,187)
-
Expenditure
£
(7,177)
(12,858)
(20,035)		 Balance at
30
November
2025
£
41,801
467
42,268
Balance at
30
November
2024
£
25,377
27,386
Summary of funds - prior year
General funds
Restricted funds
52,763

16. Analysis of net assets between funds Analysis of net assets between funds - current year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Restricted
funds
2025
Unrestricted
funds
2025
£
£
-
2,012
467
43,436
-
(3,647)
467
41,801		 Total
funds
2025
£
2,012
43,903
(3,647)
42,268

Page 21

SEDSCONNECTIVE CIO

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

16. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior year

Tangible fixed assets
Debtors due within one year
Current assets
Creditors due within one year
Total		 Endowment
funds
2024
£
-
(291)
291
-
-		 Restricted
funds
2024
£
1,197
-
26,189
-
27,386		 Unrestricted
funds
2024
£
1,616
291
27,343
(3,873)
25,377		 Total
funds
2024
£
2,813
-
53,823
(3,873)
52,763

Page 22

SEDSConnective CIO 2025 final

Final Audit Report

2026-08-26

Created: 2026-08-26 By: Graham Hole (graham@gmbc.uk) Status: Signed Transaction ID: CBJCHBCAABAA-wA9934qCJ8bfQsz6sd-yURtUKAg1oDI

"SEDSConnective CIO 2025 final" History

Document created by Graham Hole (graham@gmbc.uk)

2026-08-26 - 11:44:08 AM GMT

Document emailed to jane green (chair@sedsconnective.org) for signature

2026-08-26 - 11:46:57 AM GMT

Email viewed by jane green (chair@sedsconnective.org)

2026-08-26 - 12:20:45 PM GMT

Document e-signed by jane green (chair@sedsconnective.org)

Signature Date: 2026-08-26 - 1:31:28 PM GMT - Time Source: server - Signature Appearance Selected: IMAGE

Agreement completed.

2026-08-26 - 1:31:28 PM GMT