Leaders Unlocked Ltd

	Page
Accountants' Report	1
Balance Sheet	2
Notes to the Financial Statements	3—6

Report to the directors on the preparation of the unaudited statutory accounts of Leaders Unlocked Ltd For The Year Ended 30 June 2026

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Leaders Unlocked Ltd which comprise the Income and Expenditure Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Leaders Unlocked Ltd , as a body, in accordance with the terms of our engagement letter dated 05 June 2015. Our work has been undertaken solely to prepare for your approval the accounts of Leaders Unlocked Ltd and state those matters that we have agreed to state to the directors of Leaders Unlocked Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Leaders Unlocked Ltd and its directors as a body for our work or for this report.

It is your duty to ensure that Leaders Unlocked Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Leaders Unlocked Ltd . You consider that Leaders Unlocked Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Leaders Unlocked Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

28 October 2026

Green Accountancy Limited

Chartered Certified Accountants

International House

50 Essex Street

London

WC2R 3JF

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Leaders Unlocked Ltd

Balance Sheet

As At 30 June 2026

Balance Sheet

Registered number: 09543594

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,718		446

			1,718		446
CURRENT ASSETS
Debtors	5	90,159		100,960
Cash at bank and in hand		331,318		250,320

		421,477		351,280
Creditors: Amounts Falling Due Within One Year	6	(232,399 )		(166,538 )

NET CURRENT ASSETS (LIABILITIES)			189,078		184,742

TOTAL ASSETS LESS CURRENT LIABILITIES			190,796		185,188

NET ASSETS			190,796		185,188

Income and Expenditure Account			190,796		185,188

MEMBERS' FUNDS			190,796		185,188

For the year ending 30 June 2026 the company was entitled to exemption from audit 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Rose Dowling

Director

28 October 2026

The notes on pages 3 to 6 form part of these financial statements.

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Leaders Unlocked Ltd

Notes to the Financial Statements

For The Year Ended 30 June 2026

Notes to the Financial Statements

1. General Information

Leaders Unlocked Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 09543594 . The registered office is Clockwise Wood Green, Greenside House, 50 Station Rd, London, N22 7DE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover represents income receivable for services provided during the year, excluding value added tax.

Income from the provision of services is recognised in the accounting period in which the services are delivered. Where services are provided over a period of time, income is recognised by reference to the stage of completion of the contract at the reporting date, when the outcome can be measured reliably and it is probable that economic benefits will flow to the company.

Amounts received in advance of providing the related services are included within creditors as deferred income and recognised as turnover in the period in which the services are delivered.

Grant income is recognised separately in accordance with the company's government grant accounting policy and is not included within turnover.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% straight line basis

2.5. Taxation

Taxation for the year comprises current tax and deferred tax. Tax is recognised in the income and expenditure account, except to the extent that it relates to items recognised directly in reserves or other comprehensive income.

Current tax is the amount of corporation tax payable in respect of the taxable surplus for the current or past reporting periods. It is calculated using tax rates and legislation that have been enacted or substantively enacted at the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred that result in an obligation to pay more tax, or a right to pay less tax, in the future. Deferred tax assets are recognised only to the extent that it is probable that they will be recovered against future taxable profits. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the balance sheet date and that are expected to apply when the timing differences reverse.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the Income and Expenditure Account as they become payable in accordance with the rules of the scheme.

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Leaders Unlocked Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2026

2.7. Government Grant

Government grants are recognised in the income and expenditure account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income and expenditure account. Grants towards general activities of the entity over a specific period are recognised in the income and expenditure account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income and expenditure account over the useful life of the asset concerned.

All grants in the income and expenditure account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 16 (2025: 16)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 July 2025	2,805
Additions	1,752
Disposals	(979 )

As at 30 June 2026	3,578

Depreciation
As at 1 July 2025	2,359
Provided during the period	480
Disposals	(979 )

As at 30 June 2026	1,860

Net Book Value
As at 30 June 2026	1,718

As at 1 July 2025	446

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	54,253	75,656
Deposits	849	-
Accrued grant income	8,750	11,200
Work in progress	16,917	5,797
Prepayments	9,390	8,307

	90,159	100,960

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Leaders Unlocked Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	1,048	2,705
Corporation tax	1,564	3,223
PAYE and social security	9,170	7,711
VAT	23,806	25,303
Invoiced in advance	2,946	8,000
Pension contributions unpaid	2,171	1,964
Deferred grants	191,694	117,632

	232,399	166,538

7. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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Leaders Unlocked Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2026

8. Grant Income and Deferred Grant Funding

During the year the company received grant payments from various funders, these included:

£87,912 (2025: £84,769) from Esmée Fairbairn Foundation. These grant payments were made for the specific purpose of providing leadership opportunities for young people with lived experience of the justice system.

£18,710 (2025: £46,422) from The National Lottery Community Fund. These grant payments were made for the specific purpose of supporting Young Women Unlocked, a mentoring-based programme for young women in North Yorkshire.

£47,913 (2025: £NIL) from The National Lottery Community Fund. These grant payments were made for the specific purpose of supporting Project Progress, a youth-led anti-bigotry project with young people in Ayrshire, Scotland.

£90,171 (2025: £NIL) from The National Lottery Community Fund. These grant payments were made for the specific purpose of supporting the Student Commission on Racial Justice.

£14,206 (2025: £7,103) from North Yorkshire Police, Fire and Crime Commissioner. These grant payments were made for the specific purpose of supporting The Long Game, a youth-led project addressing criminal exploitation through county lines.

£15,000 (2025: £21,400) from North Yorkshire Police, Fire and Crime Commissioner. These grant payments were made for the specific purpose of supporting Young Women Unlocked, a mentoring-based programme for young women in North Yorkshire.

£28,663 (2025: £35,250) from Surrey Police and Crime Commissioner. These grant payments were made for the specific purpose of supporting the Surrey Youth Commission.

£44,250 (2025: £31,530) from West Yorkshire Combined Authority. These grant payments were made for the specific purpose of supporting the West Yorkshire Youth Commission and the delivery of Young Justice Advisors programmes to young adults in three West Yorkshire prisons.

£48,138 (2025: £16,913) from Hertfordshire Police and Crime Commissioner. These grant payments were made for the specific purpose of supporting the Hertfordshire Youth Commission.

£500 (2025: £19,500) from Barrow Cadbury Trust. These grant payments were made for the specific purpose of supporting Young Justice Advisors: Empowering young adults in prisons to have a stronger voice and influence.

£NIL (2025: £32,000) from Blagrave Trust. These grant payments were made for the specific purpose of supporting the Young Justice Advisors programme.

£NIL (2025: £10,000) from Ellis Campbell Foundation. These grant payments were made for the specific purpose of supporting the Young Justice Advisors programme.

The company received a number of restricted grants during the year which had not been fully expended at the year end. The unspent amounts have therefore been carried forward as deferred income and will be recognised in future periods as the related expenditure is incurred.

Deferred income comprises:

Ellis Campbell Foundation £8,000 (2025: £8,000)
Esmée Fairbairn Foundation £63,665 (2025: £60,044)
North Yorkshire Police, Fire and Crime Commissioner £8,679 (2025: £8,560)
National lottery Community Fund - UK Fund (Student Commission on Racial Justice) £67,482 (2025: £NIL)
National lottery Community Fund - UK Fund (Women Unlocked) £18,710 (2025: £NIL)
National lottery Community Fund - UK Fund (Project Progress Scotland) £13,930 (2025: £17,903)
Hertfordshire Police and Crime Commissioner £10,150 (2025: £NIL)
Barrow Cadbury Trust £NIL (2025: £14,625)
Blagrave Trust £NIL (2025: £8,500)
Included within deferred income is £1,078 (2025: £NIL) relating to grant funding received towards capital expenditure, which will be released to income over the useful life of the related asset.

Total deferred grant income: £191,694 (2025: £117,632).

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