IRIS Accounts Production v26.1.10.61 Other Company accounts True false Pounds 1.4.25 31.3.26 31.3.26 FY A Boyland W Freemantle P Winchester Ms L Wills FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true true false true false true iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03258327 2025-03-31 03258327 2026-03-31 03258327 2025-04-01 2026-03-31 03258327 2024-03-31 03258327 2024-04-01 2025-03-31 03258327 2025-03-31 03258327 ns0:CharitableCompanyLimitedByGuarantee 2025-04-01 2026-03-31 03258327 ns15:PoundSterling 2025-04-01 2026-03-31 03258327 ns0:Trustee2 2025-04-01 2026-03-31 03258327 ns0:Trustee3 2025-04-01 2026-03-31 03258327 ns0:Trustee1 2025-04-01 2026-03-31 03258327 ns0:Trustee4 2025-04-01 2026-03-31 03258327 ns11:FRS102 2025-04-01 2026-03-31 03258327 ns0:IndependentExaminationCharity 2025-04-01 2026-03-31 03258327 ns11:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 03258327 ns11:FullAccounts 2025-04-01 2026-03-31 03258327 ns0:CharitiesSORP 2025-04-01 2026-03-31 03258327 1 2025-04-01 2026-03-31 03258327 ns16:EnglandWales 2025-04-01 2026-03-31 03258327 ns11:RegisteredOffice 2025-04-01 2026-03-31 03258327 ns0:TotalUnrestrictedFunds 2025-04-01 2026-03-31 03258327 ns0:TotalRestrictedIncomeFunds 2025-04-01 2026-03-31 03258327 ns0:Activity8 2025-04-01 2026-03-31 03258327 ns0:Activity8 ns0:TotalUnrestrictedFunds 2025-04-01 2026-03-31 03258327 ns0:Activity8 ns0:TotalRestrictedIncomeFunds 2025-04-01 2026-03-31 03258327 ns0:Activity8 2024-04-01 2025-03-31 03258327 ns0:TotalUnrestrictedFunds ns10:PreviouslyStatedAmount 2025-03-31 03258327 ns0:TotalRestrictedIncomeFunds ns10:PreviouslyStatedAmount 2025-03-31 03258327 ns10:PreviouslyStatedAmount 2025-03-31 03258327 ns10:PreviouslyStatedAmount 2024-03-31 03258327 ns10:PriorPeriodIncreaseDecrease ns0:TotalUnrestrictedFunds 2025-03-31 03258327 ns10:PriorPeriodIncreaseDecrease ns0:TotalRestrictedIncomeFunds 2025-03-31 03258327 ns10:PriorPeriodIncreaseDecrease 2025-03-31 03258327 ns10:PriorPeriodIncreaseDecrease 2024-03-31 03258327 ns0:TotalUnrestrictedFunds 2025-03-31 03258327 ns0:TotalRestrictedIncomeFunds 2025-03-31 03258327 ns0:TotalUnrestrictedFunds 2026-03-31 03258327 ns0:TotalRestrictedIncomeFunds 2026-03-31 03258327 ns10:WithinOneYear 2026-03-31 03258327 ns10:WithinOneYear 2025-03-31 03258327 ns10:FurnitureFittingsToolsEquipment 2025-04-01 2026-03-31 03258327 ns10:ComputerEquipment 2025-04-01 2026-03-31 03258327 2 2025-04-01 2026-03-31 03258327 3 2025-04-01 2026-03-31 03258327 1 2025-04-01 2026-03-31 03258327 1 2024-04-01 2025-03-31 03258327 ns10:OwnedAssets 2025-04-01 2026-03-31 03258327 ns10:OwnedAssets 2024-04-01 2025-03-31 03258327 ns0:TotalUnrestrictedFunds 2024-04-01 2025-03-31 03258327 ns0:TotalRestrictedIncomeFunds 2024-04-01 2025-03-31 03258327 ns0:Activity8 ns0:TotalUnrestrictedFunds 2024-04-01 2025-03-31 03258327 ns0:Activity8 ns0:TotalRestrictedIncomeFunds 2024-04-01 2025-03-31 03258327 ns10:FurnitureFittings 2025-03-31 03258327 ns10:ComputerEquipment 2025-03-31 03258327 ns10:FurnitureFittings 2026-03-31 03258327 ns10:ComputerEquipment 2026-03-31 03258327 ns10:FurnitureFittings 2025-03-31 03258327 ns10:ComputerEquipment 2025-03-31 03258327 ns10:WithinOneYear 2025-04-01 2026-03-31

REGISTERED COMPANY NUMBER: 03258327 (England and Wales)

REGISTERED CHARITY NUMBER: 1061569

| REPORT OF THE TRUSTEES AND |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2026 |

| FOR |

| PORTSMOUTH MEDIATION SERVICE |

| PORTSMOUTH MEDIATION SERVICE |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

| Page |

| Report of the Trustees | 1 |  | to |  | 5

| Independent Examiner's Report | 6 |

| Statement of Financial Activities | 7 |

| Balance Sheet | 8 |

| Notes to the Financial Statements | 9 |  | to |  | 16

PORTSMOUTH MEDIATION SERVICE (REGISTERED NUMBER: 03258327) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2026

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2026. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES

Public benefit

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities. The trustees refer to public benefit throughout this report.

PORTSMOUTH MEDIATION SERVICE (REGISTERED NUMBER: 03258327) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2026

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

Achievement and Performance

As Chair of Portsmouth Mediation Service, it's a privilege to share an overview from the trustees of our activities over the past year. This has been a year of consolidation and growing external recognition, with our efforts focused on maintaining a strong organisational foundation while extending the reach and influence of restorative practice across Portsmouth and the wider region.

Trustees have remained focused on supporting high quality service delivery, sustaining financial stability, and strengthening partnerships, while responding to a changing external environment affecting referral patterns and funding structures.

Strategic Planning and Governance

The trustees continued to work within the strategic framework agreed in the previous year, shaped around the four pillars of our strategic vision: Finance & Operational Stability; Partnerships; Widening Our Impact; and Training, Development, Health & Wellbeing. This framework has provided a clear and consistent foundation for governance, planning, and priority setting throughout the year.

Trustees received regular and detailed service manager reports, enabling effective oversight of performance, staffing, financial position, risks, and opportunities. Our restorative approach to governance continues to inform the way trustees engage with strategy, challenge, and collective responsibility, strengthening both decision making and trustee cohesion.

Service Delivery and Staff Development

Throughout the year, Portsmouth Mediation Service continued to deliver a wide range of mediation, assessment, restorative and training services in response to conflict affecting individuals, families and communities. Our Assessment Service remained a core operational activity and a significant contributor to income, despite fluctuations in referral levels linked to structural changes within partner organisations.

During the year staffing changes were managed carefully, with trustees supporting a flexible and proportionate approach to deployment and costs, while maintaining service continuity and capacity. Trustees remain grateful for the commitment and adaptability shown by staff and self employed practitioners during this period.

Our regional work through the Solent Restorative Partnership continued to develop positively, with growing volunteer engagement, training delivery, and networking activity in Winchester and surrounding areas, strengthening our presence beyond Portsmouth.

Financial Stability and Sustainability

The trustees are pleased to report that the charity remained financially stable throughout the year, maintaining reserves at appropriate levels and managing expenditure prudently. While some income streams experienced short term pressure due to external factors, these were balanced by earned income from training, contract income, and grant funded activity.

The charity continues to be funded through a mix of contracts, grants, and earned income, supporting both resilience and independence. Trustees have continued to monitor financial risk, particularly in relation to contract dependency and upcoming tender cycles and are confident that the organisation is well positioned to manage future challenges.

Training and Development

Training remained a key area of activity during the year, generating income while embedding restorative skills and values across communities and partner organisations. The charity delivered further community mediation training programmes, along with bespoke restorative and mediation training for external partners.

Trustees recognise training as both a core charitable activity and a strategic investment in long term impact. The continued development of training resources, including online and blended approaches, supports the organisation's aim to widen access to restorative learning while maintaining quality and consistency.

Community Partnerships and Impact

Partnership working continued to be central to the charity's impact. Portsmouth Mediation Service maintained strong collaborative relationships with local authorities, housing providers, police services, NHS partners, the University of Portsmouth, and a wide range of voluntary and community organisations.

PORTSMOUTH MEDIATION SERVICE (REGISTERED NUMBER: 03258327) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2026

The charity continued to play a leading role in the Waterfront Restorative Approaches Partnership (WRAP), supporting youth engagement, community safety, and preventative approaches to conflict. Collaborative research and learning initiatives, including work arising from the Community Participatory Action Research (CPAR) project, have further strengthened the organisation's profile and evidence base.

Looking Forward

As we move into 2026-27, the trustees remain firmly committed to our vision of promoting restorative approaches as a foundation for healthier, more connected communities. Key areas of focus include preparing for future contract renewals, strengthening partnerships within housing, health and education, and continuing to embed learning from research and evaluation into practice.

The trustees are confident that the charity's strong values, skilled team, and trusted partnerships provide a solid platform for continued development and impact, while maintaining the high quality, relational approach that defines Portsmouth Mediation Service.

Acknowledgements

The trustees would like to acknowledge and thank the dedication and professionalism of Steve Rolls, Service Manager, together with the staff team, volunteers, partners, and supporters of Portsmouth Mediation Service. Their commitment continues to make a meaningful difference in the lives of individuals and communities affected by conflict.

Our collective efforts over the past year have strengthened both the organisation and its impact. With a stable financial position, a clear strategic framework, and a strong network of partnerships, Portsmouth Mediation Service is well placed to continue advancing restorative practice across Portsmouth and beyond.

As we look ahead, we remain confident that our shared vision and values will continue to guide our work and support positive change in our communities.

Should you be inspired to become part of our work as a volunteer or trustee, we would be very happy to provide further information.

Paul Hutchings

Chair of the Board of Trustees

On behalf of the Board of Trustees

FINANCIAL REVIEW

Financial position

The surplus for the year is £20,787 compared to a deficit of £5,206 in 2025. Current assets held are £112,409 compared to £91,747 in 2025.

Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months' expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised, or expenditure reduced.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

PORTSMOUTH MEDIATION SERVICE (REGISTERED NUMBER: 03258327) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2026

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational structure

The charity is a company limited by guarantee.

Trustees are recruited from interested individuals, volunteer mediators and representatives of the community.

None of the trustees has any beneficial interest in the company. All the trustees are members of the company and guarantee to contribute a sum not exceeding £10 for payment of the company's debts and liabilities in the event of winding up.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

The charity is managed by the trustees who may exercise all the powers of the charity. For the past year, the day-to-day operation of the charity has been carried out by the Service Manager who reports to the trustees. All policy and strategy are decided by the trustees sitting as a group on a regular basis.

The Portsmouth Mediation Service (PMS) operates for the benefit of residents in Portsmouth and for the benefit of social housing residents in the wider Portsmouth area. A substantial proportion of the work of PMS is with Portsmouth City Council.

The trustees have and continue to assess the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to major risks.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

03258327 (England and Wales)

Registered Charity number

1061569

Registered office

The HIVE Portsmouth Hub

Aggie Weston House

22 Edinburgh Road

Portsmouth

Hampshire

PO1 1DH

Trustees

The Trustees, who are also the directors for the purpose of company law and who served during the year

were:

Gregory Bruce (Appointed 23 March 2026)

Philip Winchester

Alan Davis

Paul Hutchings

Wendy May Jacobs

Lisa Wills

PORTSMOUTH MEDIATION SERVICE (REGISTERED NUMBER: 03258327) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2026

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

S Mackie FCA

Morris Crocker

Chartered Accountants

Lake House

2 Port Way

Port Solent

Portsmouth

Hampshire

PO6 4TY

Approved by order of the board of trustees on 13 July 2026 and signed on its behalf by:

P Winchester - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

PORTSMOUTH MEDIATION SERVICE

Independent examiner's report to the trustees of Portsmouth Mediation Service ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2026.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

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:

1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

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

3. | the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or

4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

S Mackie FCA

Morris Crocker

Chartered Accountants

Lake House

2 Port Way

Port Solent

Portsmouth

Hampshire

PO6 4TY

13 July 2026

| PORTSMOUTH MEDIATION SERVICE |

STATEMENT OF FINANCIAL ACTIVITIES

(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 MARCH 2026

| 2026 |  | 2025

| Unrestricted |  | Restricted |  | Total |  | Total

| fund |  | fund |  | funds |  | funds

| as restated

| Notes | £ | £ | £ | £ |

INCOME AND ENDOWMENTS FROM

Donations and legacies | 2 | 18,878 |  | - |  | 18,878 |  | 2,311 |

Charitable activities | 4

Assessment & Mediation | 203,552 |  | - |  | 203,552 |  | 206,525 |

Investment income | 3 | 1,044 |  | - |  | 1,044 |  | 282 |

Total | 223,474 |  | - |  | 223,474 |  | 209,118 |

EXPENDITURE ON

Charitable activities | 5

Assessment & Mediation | 202,687 |  | - |  | 202,687 |  | 214,324 |

NET INCOME/(EXPENDITURE) | 20,787 |  | - |  | 20,787 |  | (5,206 | )

Other recognised gains/(losses)

Actuarial gains/(losses) on defined benefit schemes | - |  | - |  | - |  | (394 | )

Net movement in funds | 20,787 |  | - |  | 20,787 |  | (5,600 | )

RECONCILIATION OF FUNDS

Total funds brought forward

As previously reported | 132,860 |  | - |  | 132,860 |  | 96,952 |

Prior year adjustment | 11 | (41,508 | ) | - |  | (41,508 | ) | - |

As restated | 91,352 |  | - |  | 91,352 |  | 96,952 |

TOTAL FUNDS CARRIED FORWARD | 112,139 |  | - |  | 112,139 |  | 91,352 |

PORTSMOUTH MEDIATION SERVICE (REGISTERED NUMBER: 03258327) |

BALANCE SHEET

31 MARCH 2026

| 2026 |  | 2025

| as restated

| Notes | £ | £ |

CURRENT ASSETS |

Debtors | 13 | 15,958 |  | 13,283 |

Cash at bank | 99,198 |  | 89,345 |

115,156 |  | 102,628 |

CREDITORS |

Amounts falling due within one year | 14 | (2,747 | ) | (10,881 | )

NET CURRENT ASSETS | 112,409 |  | 91,747 |

TOTAL ASSETS LESS CURRENT LIABILITIES | 112,409 |  | 91,747 |

PROVISIONS FOR LIABILITIES | 15 | (270 | ) | (395 | )

NET ASSETS | 112,139 |  | 91,352 |

FUNDS | 17

Unrestricted funds | 112,139 |  | 91,352 |

TOTAL FUNDS | 112,139 |  | 91,352 |

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 13 July 2026 and were signed on its behalf by:

P Winchester - Trustee

| PORTSMOUTH MEDIATION SERVICE |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| The trustees consider that there are no material uncertanties regarding the charity's ability to continue as a going concern.

| Income

| All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

| Expenditure

| Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 25% on cost

| Computer equipment | - | 25% on cost

| Individual fixed assets costing £1,000 or more are capitalised at cost.

| Taxation

| The charity is exempt from corporation tax on its charitable activities.

| Fund accounting

| Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

| Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

| Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

| Pension costs and other post-retirement benefits

| The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

| Financial instruments

| The charity only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable investments in stocks and shares. The measurement basis used for these instruments is detailed below.

| PORTSMOUTH MEDIATION SERVICE |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

1. | ACCOUNTING POLICIES - continued

| Financial instruments

| Debtors and cash at bank

| Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand included cash held on deposit or in a current account.

| Creditors and provisions

| Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

2. | DONATIONS AND LEGACIES

| 2026 |  | 2025

| as | restated |

£ | £ |

| Donations | 2,878 |  | 2,311 |  |

| Legacies | 16,000 |  | - |  |

18,878 |  | 2,311 |  |

3. | INVESTMENT INCOME

| 2026 |  | 2025

| as | restated |

£ | £ |

| Deposit account interest | 1,044 |  | 282 |  |

| All investment income is derived from assets held in the United Kingdom.

4. | INCOME FROM CHARITABLE ACTIVITIES

| 2026 |  | 2025

| as | restated |

| Activity | £ | £ |

| Training & courses | Assessment & Mediation | 41,689 |  | 41,249 |  |

| Grants | Assessment & Mediation | 161,863 |  | 165,276 |  |

203,552 |  | 206,525 |  |

| Grants received, included in the above, are as follows:

| 2026 |  | 2025

| as | restated |

£ | £ |

| General | 20,936 |  | 45,500 |  |

| PCC grant | 119,127 |  | 91,671 |  |

| Restorative solutions | 14,000 |  | 12,505 |  |

| The Scottish Community Development Centre | 7,800 |  | 15,600 |  |

161,863 |  | 165,276 |  |

| PORTSMOUTH MEDIATION SERVICE |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

5. | CHARITABLE ACTIVITIES COSTS

| Support |

| Direct | costs (see |

| Costs | note 6) | Totals

£ | £ | £ |

| Assessment & Mediation | 200,398 |  | 2,289 |  | 202,687 |  |

6. | SUPPORT COSTS

| Governance |

| Finance |  | costs |  | Totals

£ | £ | £ |

| Assessment & Mediation | 399 |  | 1,890 |  | 2,289 |  |

| Support costs, included in the above, are as follows: |

| Finance |

| 2026 |  | 2025

| as | restated |

| Assessment |  | Total

| & Mediation |  | activities

£ | £ |

| Bank charges | 399 |  | 200 |  |

| Governance costs |

| 2026 |  | 2025

| as | restated |

| Assessment |  | Total

| & Mediation |  | activities

£ | £ |

| Independent examiners fees | 1,843 |  | 1,748 |  |

| Legal fees | 47 |  | 35 |  |

1,890 |  | 1,783 |  |

7. | NET INCOME/(EXPENDITURE)

| Net income/(expenditure) is stated after charging/(crediting): |

| 2026 |  | 2025

| as | restated |

£ | £ |

| Depreciation - owned assets | - |  | 203 |  |

| PORTSMOUTH MEDIATION SERVICE |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

8. | TRUSTEES' REMUNERATION AND BENEFITS

| There were no trustees' remuneration or other benefits for the year ended 31 March 2026 nor for the year ended 31 March 2025.

| Trustees' expenses

| During the year no trustees (2025:nil) were reimbursed out of pocket expenses totalling £nil (2025:£nil).

9. | STAFF COSTS

| 2026 |  | 2025

| as | restated |

£ | £ |

| Wages and salaries | 94,654 |  | 94,381 |  |

| Social security costs | - |  | 5,775 |  |

| Other pension costs | 2,972 |  | 4,114 |  |

97,626 |  | 104,270 |  |

| The average monthly number of employees during the year was as follows:

| 2026 |  | 2025

| as | restated |

| Management and administration | 1 |  | 1 |  |

| Direct support staff | 4 |  | 5 |  |

5 |  | 6 |  |

| No employees received emoluments in excess of £60,000.

| The charity paid contributions to pension scheme for none (2025: nil) of those employees with emoluments in excess of £60,000.

10. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

| Unrestricted |  | Restricted |  | Total

| fund |  | fund |  | funds

| as restated

£ | £ | £ |

| INCOME AND ENDOWMENTS FROM

| Donations and legacies | 2,311 |  | - |  | 2,311 |

| Charitable activities

| Assessment & Mediation | 206,525 |  | - |  | 206,525 |

| Investment income | 282 |  | - |  | 282 |

| Total | 209,118 |  | - |  | 209,118 |

| EXPENDITURE ON

| Charitable activities

| Assessment & Mediation | 214,324 |  | - |  | 214,324 |

| PORTSMOUTH MEDIATION SERVICE |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

10. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

| Unrestricted |  | Restricted |  | Total

| fund |  | fund |  | funds

| as restated

£ | £ | £ |

| NET INCOME/(EXPENDITURE) | (5,206 | ) | - |  | (5,206 | )

| Other recognised gains/(losses)

| Actuarial gains/(losses) on defined benefit schemes | (394 | ) | - |  | (394 | )

| Net movement in funds | (5,600 | ) | - |  | (5,600 | )

| RECONCILIATION OF FUNDS

| Total funds brought forward | 96,952 |  | - |  | 96,952 |

| TOTAL FUNDS CARRIED FORWARD | 91,352 |  | - |  | 91,352 |

11. | PRIOR YEAR ADJUSTMENT

| During the year, an error was identified in the prior year's accounting records whereby a number of income invoices had been duplicated in the bookkeeping system. The comparative figures have been restated to remove the duplicated income and correct the prior year balances.

12. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2025 and 31 March 2026 | 5,917 |  | 814 |  | 6,731 |  |

| DEPRECIATION

| At 1 April 2025 and 31 March 2026 | 5,917 |  | 814 |  | 6,731 |  |

| NET BOOK VALUE

| At 31 March 2026 | - |  | - |  | - |  |

| At 31 March 2025 | - |  | - |  | - |  |

13. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026 | 2025 |

| as | restated |

£ | £ |

| Trade debtors | 5,846 |  | 3,084 |  |

| Prepayments and accrued income | 10,112 |  | 10,199 |  |

15,958 |  | 13,283 |  |

| PORTSMOUTH MEDIATION SERVICE |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

14. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026 | 2025 |

| as | restated |

£ | £ |

| Trade creditors | - |  | 493 |  |

| Other creditors | 603 |  | 8,326 |  |

| Accruals and deferred income | 2,144 |  | 2,062 |  |

2,747 |  | 10,881 |  |

|  | 2026 |  | 2025 |  |

|  | £ |  | £ |  |

| Brought forward |  | 190 |  | 170 |  |

| Amount released to incoming resources |  | (190 | ) | (170 | ) |

| Amount deferred in year |  | 320 |  | 190 |  |

| Carried forward |  | 320 |  | 190 |  |

15. | PROVISIONS FOR LIABILITIES

2026 | 2025 |

| as | restated |

£ | £ |

| Provisions | 270 |  | 395 |  |

| A full actuarial valuation for the scheme was carried out at 30 September 2023. This valuation showed assets of £514.9m, liabilities of £531.0m and a deficit of £16.1m. To eliminate this funding shortfall, the Trustee has asked the participating employers to pay additional contributions to the scheme.

| Portsmouth Mediation Services share of this deficit is £270 as at 31 March 2026 as indicated below. To eliminate this funding shortfall, the Trustees and the participating employers have agreed that additional contributions will be paid.

| Where the scheme is in deficit and where the company has agreed to a deficit funding arrangement the company recognises a liability for this obligation. The amount recognised is the net present value of the deficit reduction contributions payable under the agreement that relates to the deficit. The present value is calculated using the discount rate detailed in these disclosures. The unwinding of the discount rate is recognised as a finance cost.

| Reconciliation of opening and closing provisions

|  | Period Ending |  | Period Ending |  |

|  | 31 March 2026 |  | 31 March 2025 |  |

|  | £ |  | £ |  |

| Provision at start of period |  | 395 |  | 168 |  |

| Unwinding of the discount factor (interest expense) |  | 16 |  | 4 |  |

| Deficit contribution paid |  | (141) |  | (171) |  |

| Remeasurements - impact of any change in assumptions |  | - |  | 3 |  |

| Remeasurements - amendments to the contribution schedule |  | - |  | 391 |  |

| Provision at the end of period |  | 270 |  | 395 |  |

| Income and expenditure impact

|  | Period Ending |  | Period Ending |  |

|  | 31 March 2026 |  | 31 March 2025 |  |

| PORTSMOUTH MEDIATION SERVICE |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

15. | PROVISIONS FOR LIABILITIES - continued

|  | £ |  | £ |  |

| Interest expense |  | 16 |  | 4 |  |

| Remeasurements - impact of any change in assumptions |  | - |  | - |  |

| Remeasurements - amendments to the contribution schedule |  | - |  | - |  |

| Assumptions

|  | 31 March 2026per annum |  | 31 March 2025per annum |  | 31 March 2024per annum |  |

| Rate of discount |  | 4.92% |  | 4.84% |  | 5.31% |  |

| The discount rates shown above are the equivalent single discount rates which, when used to discount the future recovery plan contributions due, would give the same results as using a full AA corporate bond yield curve to discount the same recovery plan contributions.

16. | ANALYSIS OF NET ASSETS BETWEEN FUNDS

2026 | 2025 |

| as | restated |

| Unrestricted |  | Restricted |  | Total |  | Total

| fund |  | fund |  | funds |  | funds

£ | £ | £ | £ |

| Current assets | 115,156 |  | - |  | 115,156 |  | 102,628 |  |

| Current liabilities | (2,747 | ) | - |  | (2,747 | ) | (10,881 | ) |

| Provision for liabilities | (270 | ) | - |  | (270 | ) | (395 | ) |

112,139 |  | - |  | 112,139 |  | 91,352 |  |

17. | MOVEMENT IN FUNDS

| Prior |  | Net |  |

| year |  | movement |  | At |

| At 1.4.25 |  | adjustment |  | in funds |  | 31.3.26 |

£ | £ | £ | £ |

| Unrestricted funds

| General fund | 132,860 |  | (41,508 | ) | 20,787 |  | 112,139 |  |

| TOTAL FUNDS | 132,860 |  | (41,508 | ) | 20,787 |  | 112,139 |  |

| Net movement in funds, included in the above are as follows:

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General fund | 223,474 |  | (202,687 | ) | 20,787 |  |

| TOTAL FUNDS | 223,474 |  | (202,687 | ) | 20,787 |  |

| PORTSMOUTH MEDIATION SERVICE |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

17. | MOVEMENT IN FUNDS - continued

| Comparatives for movement in funds

| Net |  |

| movement |  | At |

| At 1.4.24 |  | in funds |  | 31.3.25 |

£ | £ | £ |

| Unrestricted funds

| General fund | 96,952 |  | (5,600 | ) | 91,352 |  |

| TOTAL FUNDS | 96,952 |  | (5,600 | ) | 91,352 |  |

| Comparative net movement in funds, included in the above are as follows:

| Incoming |  | Resources |  | Gains and |  | Movement |

| resources |  | expended |  | losses |  | in funds |

£ | £ | £ | £ |

| Unrestricted funds

| General fund | 209,118 |  | (214,324 | ) | (394 | ) | (5,600 | ) |

| TOTAL FUNDS | 209,118 |  | (214,324 | ) | (394 | ) | (5,600 | ) |

18. | RELATED PARTY DISCLOSURES

| There were no related party transactions for the year ended 31 March 2026.

19. | ULTIMATE CONTROLLING PARTY

| The charitable company is not under the control of another entity or any one individual.