EASTSIDE PRIMETIMERS FOUNDATION

Company limited by guarantee

Company Registration Number:
05249273 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

EASTSIDE PRIMETIMERS FOUNDATION

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

EASTSIDE PRIMETIMERS FOUNDATION

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

Eastside Primetimers Foundation (EPF) is a Company Limited by Guarantee with explicit social objectives. As a Company not having any Share Capital, all financial surpluses are distributed in furtherance of our social objectives. Experience tells us it is talented individuals who bring about meaningful social change. Our mission is to provide tailored support, in the form of advice, guidance, mentoring and funding, to social entrepreneurs, activists and changemakers who are either personally facing barriers to learning, employment or volunteering and/or are working to remove these barriers for individuals or groups who are disadvantaged by them. We are firm believers that by combining targeted support for these types of individuals, with funding, we can significantly improve their impact. We are a small but ambitious not-for-profit organisation and here are our current projects: OVERCOMING BARRIERS TO LEARNING - grants for University Fees: Our ambition to provide grants to disadvantaged and underrepresented students who face barriers to completing a course of study focused on the charity sector continued in this financial year. In September 2024, 2 more students were identified. The result is that the Foundation part-funded 4 students in the 2024/25 academic year who are studying for an MSc in Charity Management at the Centre for Charity Effectiveness at Bayes Business School, City St George’s, University of London. The funding for these students will continue in the 2025/26 academic year should they be accepted. The students we are funding experience a number of challenges including: high transport and overnight accommodation costs if they live well outside London; for those who are refugees, trying to forge a career in the charity sector whilst also supporting family living in their countries of origin; students who have health and family support challenges that are potential barriers to learning; students who are employed by small charities that cannot afford to fund the personal development of their employees. We also provided one of the students with a mentor who was an alumnus of the course and who had a career track record in the sector. The impact of this mentoring was rated very highly by the student and we now plan to offer this to all of the students we are funding, at no cost to them. From the evidence of the last three years, it seems that there are more students who would benefit from financial support. We believe that the charity sector will benefit from having a more diverse talent pool and we are delighted that the staff at Bayes and City St George’s have taken an enlightened and enabling approach to selection. The students tell us they are very pleased with the quality of the course they are following and that it is helping them to grow as individuals in the roles they are currently undertaking in the charity sector. As these students graduate, we are exploring if there are other ways in which we can support their development so that other barriers they may face can be tackled. NURTURING YOUNG SOCIAL ACTIVISTS - Social Action Support for Schools: During this financial year our pilot project with young social activists at Seven Kings School continued with the conclusion of a second year of support and the start of a third. The aim has been to refine and embed the methodology we have developed. One key measure of our success in transferring skills has been that we were progressively able to take more of an advisory role. The quality of the outputs from the social action projects can be amply seen in the short, story-telling videos we commissioned, which are available on our website (https://ep-foundation.org/social-action-support-for-schools) and our YouTube channel. For the second year the students chose to focus their social actions on projects that dealt with specific aspects of global conflicts such as those affecting Ukraine and Gaza. The third year subject matter chosen by the students was the role and position of women. Two new secondary schools asked for our support during the 2024/25 financial year. One of these - King John School in Benfleet, Essex - focused on a day of all-school, on-site activities, designed and delivered by their student leaders. This was to replace a rewards program of visits to theme parks with something that was aimed at all students not just those who had been identified as high achievers. We commissioned a film of the day to capture the impact of the project which can also be viewed on our YouTube channel (https://www.youtube.com/channel/UCLYZedWJEChNh5DPDo0JbQQ). We are supporting King John with their second year as they want to embed the concept and methodology to achieve a goal of greater inclusivity. TAGRETED SUPPORT TO SMALL CHARITIES - supporting the work of the Lloyds Bank Foundation: We continued our support to the Lloyds Bank Foundation Enhance programme, which dates back to 2015, and worked on a number of new projects in the financial year. We also engaged with the Regional Managers at the Lloyds Bank Foundation to update and refresh the programmes of support we are best placed to offer. The support we provide is delivered by the consultants who work for Eastside People and is one element in the social impact of that specialist consultancy and recruitment company.

Additional information

FINANCIAL PERFORMANCE: The accounts which follow include grant payments of £9,925 for the students who we are supporting with the tuition costs of the Masters degree in Charity Management and £1,750 which was used to cover the cost of providing support to social action projects in three secondary schools. Additional income came from the Lloyds Bank Foundation to cover the costs of the support we provide to their Enhance programme, which is focused on small charities, and from dividend payments from Eastside Consulting Ltd in which we own 25% of their shares. THE YEAR AHEAD: Trustees are planning to continue to provide grants for students to study for a Masters degree in charity management and to maintain support for schools with their social action projects. They are also planning on supporting a pilot project to help refugees overcome barriers to employment. Taking all matters into account, the Trustees consider that the Foundation meets the going concern test.



Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

Brent Thomas
James Alexander
Bernice Rook
Catherine Tollington


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
12 December 2025

And signed on behalf of the board by:
Name: Brent Thomas
Status: Director

EASTSIDE PRIMETIMERS FOUNDATION

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Turnover: 28,962 23,956
Cost of sales: ( 23,124 ) ( 17,606 )
Gross profit(or loss): 5,838 6,350
Distribution costs: 0 0
Administrative expenses: ( 7,300 ) ( 17,065 )
Other operating income: 0 0
Operating profit(or loss): (1,462) (10,715)
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 107 ) ( 117 )
Profit(or loss) before tax: (1,569) (10,832)
Tax: 0 0
Profit(or loss) for the financial year: (1,569) (10,832)

EASTSIDE PRIMETIMERS FOUNDATION

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 3 27,731 27,731
Total fixed assets: 27,731 27,731
Current assets
Stocks:   0 0
Debtors: 4 6,020 5,870
Cash at bank and in hand: 70,792 78,827
Investments:   0 0
Total current assets: 76,812 84,697
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 2,405 ) ( 8,721 )
Net current assets (liabilities): 74,407 75,976
Total assets less current liabilities: 102,138 103,707
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 102,138 103,707
Members' funds
Profit and loss account: 102,138 103,707
Total members' funds: 102,138 103,707

The notes form part of these financial statements

EASTSIDE PRIMETIMERS FOUNDATION

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 12 December 2025
and signed on behalf of the board by:

Name: Brent Thomas
Status: Director

The notes form part of these financial statements

EASTSIDE PRIMETIMERS FOUNDATION

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

    Other accounting policies

    FOREIGN CURRENCY TRANSLATION: Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

EASTSIDE PRIMETIMERS FOUNDATION

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 4 4

EASTSIDE PRIMETIMERS FOUNDATION

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Fixed assets investments note

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

EASTSIDE PRIMETIMERS FOUNDATION

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
£ £
Trade debtors 3,500 5,000
Prepayments and accrued income 2,520 870
Other debtors 0 0
Total 6,020 5,870
Debtors due after more than one year: 0 0

EASTSIDE PRIMETIMERS FOUNDATION

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 0 74
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 320 6,270
Taxation and social security 0 0
Accruals and deferred income 2,085 2,377
Other creditors 0 0
Total 2,405 8,721