REGISTERED COMPANY NUMBER: 03219779 (England and Wales)

REGISTERED CHARITY NUMBER: 1174298

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Association for Infant

Mental Health (U.k.)

Page

Report of the Trustees

1

to

7

Independent Examiner's Report

8

Statement of Financial Activities

9

Balance Sheet

10

to

11

Notes to the Financial Statements

12

to

17

The Trustees present their annual report and financial statements for the year ended 31 December 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".

OBJECTIVES AND ACTIVITIES

Objectives and aims

AiMH UK's charitable purposes are as set out in its Articles of Association:

AiMH UK's charitable purpose is to advance education and understanding of infant mental health and the emotional development and wellbeing of infants and young children.

AiMH UK achieves this by raising awareness, sharing research evidence and promoting evidence-informed practice among healthcare professionals, practitioners, policymakers and the wider public through conferences, workshops, professional development opportunities, online resources and publications.

AiMH UK is an interdisciplinary, not-for-profit organisation dedicated to improving understanding of the importance of early relationships and their influence on infants' emotional, social and psychological development.

As an affiliate of the World Association for Infant Mental Health (WAIMH), our work is underpinned by a strong evidence base demonstrating the importance of nurturing early relationships for infant development and long-term wellbeing.

Our values emphasise the importance of responsive relationships, ethical practice, professional collaboration and supporting the wellbeing of babies and their families.

Our Vision

AiMH UK envisions a society in which the importance of infant mental health is recognised at all levels, from national policy to frontline practice, and where all professionals working with babies, young children and their families have access to evidence-informed education, training and continuing professional development.

We aim to:

" Provide accessible, evidence-informed educational resources and professional development opportunities for practitioners working with babies, young children and their families.

" Promote the understanding and application of research evidence and best practice in infant mental health.

" Support practitioners in developing their knowledge, skills and competencies through the AiMH UK Infant Mental Health Competency Framework and continuing professional development opportunities.

" Encourage collaboration, knowledge-sharing and professional connections across disciplines and services working to support infant mental health.

The Focus of Our Work

Our key priorities and core activities include:

" Providing a national voice for practitioners working in infant mental health and raising awareness of the importance of early relationships and infant emotional wellbeing.

" Supporting professional development through the AiMH UK Infant Mental Health Competency Framework, educational resources and learning opportunities.

" Developing and sharing evidence-informed resources to enhance knowledge, understanding and skills in infant mental health.

" Supporting professional connections and communities of practice through our membership network and online Members' Area.

" Promoting collaboration and knowledge-sharing through conferences, workshops, Lunchtime Skills Box Sessions, Infant Mental Health Awareness Week activities and other professional learning and networking opportunities.

" Working collaboratively with national and international organisations, professional networks and educational institutions to strengthen awareness and understanding of infant mental health.

ACHIEVEMENTS AND PERFORMANCE

" Membership: Although a decline again in numbers, AiMH UK continued to support a multidisciplinary membership of professionals, early years workers, educators, students and organisations working with babies, young children and families. A revised membership structure was introduced in September 2025, providing more accessible membership options for qualified professionals, early years workers and students, alongside discounted team and organisational membership. Partnership membership arrangements continued with the Infant Mental Health Association of Aotearoa New Zealand (IMHAANZ) and the University of Northampton.

" Website and Online Community: The AiMH UK website and online Members' Area continued to provide access to professional resources, educational materials, sector news and events. The Mighty Networks platform supported professional connections and knowledge-sharing through dedicated spaces for resources, regional communities and the IMH CPD Programme.

" Educational Resources and Members' Library: AiMH UK continued to develop and share evidence-informed resources to support practitioners in their work with babies and families. This included the publication of the Best Practice Factsheet Safeguarding Infants from Relational Trauma, alongside IMH CPD Soundbites, professional learning materials and access to recorded presentations. The Members' Library was further developed to improve access to specialist publications and educational resources, alongside the introduction of exclusive book offers and discounts for members on publications by leading authors and experts in the field of infant mental health. Regular newsletters and communications highlighted relevant research findings, professional learning opportunities and developments across the infant mental health sector.

" Online Learning - Babies in Mind: An important development during 2025 was the relaunch of Babies in Mind: Why the Parents' Mind Matters, an online course developed in collaboration with the University of Oxford and delivered through FutureLearn. The four-week course explores the influence of parents' and caregivers' experiences on infant mental health, brain development and children's emotional wellbeing, providing accessible, evidence-informed learning opportunities for practitioners, students and others interested in early development.

" Infant Mental Health Competency Framework and Professional Development: AiMH UK continued to promote its Infant Mental Health Competency Framework and support practitioners undertaking the IMH CPD Programme. The Framework provides a structured approach to reflecting on and developing infant mental health knowledge, skills and practice, with opportunities for practitioners to work towards recognition through the Infant Mental Health Recognition Register.

" Supporting Early Years Professionals: AiMH UK continued to strengthen its engagement with the early years workforce. During 2025, two nine-week Work Discussion Group programmes were delivered for early years professionals, led by Peter Elfer from the University of Roehampton and Ruth Seglow, Consultant Psychotherapist. The first programme ran from January to March, followed by a second in September 2025. The initiative aimed to support reflective practice and prepare experienced early years professionals to facilitate Work Discussion Groups themselves, extending opportunities for professional development to a wider early years workforce and ultimately benefiting children and families.

" Collaboration with Universities and Educational Institutions: AiMH UK continued its partnership with the University of Northampton and developed links with the Early Childhood Studies Degrees Network (ECDSN), supporting opportunities for students and early years professionals to engage with infant mental health learning and professional development. This work reflected the charity's commitment to strengthening infant mental health knowledge within education and training pathways.

" Infant Mental Health Directory: AiMH UK continued to develop and promote its online Infant Mental Health Directory, providing a platform for training providers and organisations to share educational courses, professional development opportunities and services relevant to infant mental health. The Directory supports practitioners in identifying learning opportunities and connecting with organisations working across the sector.

" Events and Conferences: During 2025, AiMH UK delivered a programme of online conferences, workshops, Lunchtime Skills Box Sessions and professional learning events, attracting a total of 922 attendees. Although attendance was lower than in 2024, the programme continued to provide valuable opportunities for practitioners across the UK to access expert knowledge, share experiences and strengthen professional practice.

The Annual National Conference, Tiny Senses, Big Impact, held in November 2025, attracted 201 attendees and explored the importance of sensory experiences and sensory processing in infant and early childhood development. The conference brought together expert speakers and practitioners from across disciplines, providing opportunities for evidence-informed learning and reflection on infant mental health and early relationships.

" Advocacy and Professional Standards: AiMH UK continued to raise awareness of the importance of infant mental health and early relational health through professional networks, educational activities and collaboration with organisations across the sector. The charity continued to promote its Infant Mental Health Competency Framework, previously referenced in the Government's Family Hubs and Start for Life Programme Guidance, as a resource for strengthening knowledge and professional practice.

" Governance and Organisational Development: The Board of Trustees continued to oversee the charity's strategic direction and financial sustainability during a challenging economic period. Measures introduced to manage expenditure contributed to a significant improvement in financial performance during 2025, although these also placed limitations on operational capacity. AiMH UK continued to deliver its core activities with a small operational team, supported by trustees and its wider professional network.

FINANCIAL REVIEW

Financial position

The financial year 2025 continued to present significant financial and operational challenges for AiMH UK, against a backdrop of wider economic pressures affecting charities, public services and the professionals and organisations they support. Despite these difficult circumstances, cost-management measures introduced during the year, together with increased income from projects, grants and donations, contributed to a substantial improvement in the charity's financial performance compared with 2024.

Total income increased to £74,319 (2024: £56,920), supported by membership subscriptions, events, project funding, grants and donations. The charity secured £19,800 in project funding for the Elevate Great - Childminders Project, together with £8,000 in grant income. Donations also increased during the year.

Membership subscriptions and events continued to provide important sources of income, although income from some membership categories declined compared with the previous year. Recognising the financial pressures facing individuals and organisations, AiMH UK introduced a monthly Direct Debit payment option for qualified professional membership in September 2025. This provided greater flexibility by allowing members to spread the cost of their annual subscription, helping to make membership more accessible during a particularly challenging economic period.

In response to continuing financial pressures, the Trustees implemented further measures to reduce expenditure. These included a reduction in the working hours and salary of the Chief Operations Officer and reduced hours for administrative support. Other areas of expenditure were also reviewed to identify savings and improve operational efficiency.

These measures contributed to a reduction in administrative costs from £90,973 in 2024 to £79,024 in 2025. The charity recorded an operating deficit of £5,700 for the year, compared with a deficit of £37,608 in 2024.

Although this represents a considerable improvement, the charity continued to operate with limited financial resources. The reductions in staffing capacity placed additional demands on the small operational team and required careful prioritisation of activities.

Despite these challenges, AiMH UK continued to deliver its core charitable activities, including educational events, professional development opportunities, resources and membership services.

The Trustees recognise that achieving long-term financial sustainability remains a priority and that continued expenditure controls, income generation and the development of more reliable funding streams will be essential.

Going concern

The Trustees acknowledge that AiMH UK continued to experience financial pressures during 2025, resulting in an operating deficit of £5,700 for the year.

The significant reduction in the deficit compared with 2024 reflects the expenditure controls and operational adjustments introduced by the charity, including reductions in staffing costs and administrative expenditure.

However, the charity continues to operate with limited financial resources and remains dependent on generating sufficient income through membership subscriptions, events, projects, grants and donations to meet its ongoing commitments.

The Trustees will continue to monitor the charity's financial position closely, review expenditure and prioritise activities in line with available resources. Particular attention will be given to cash flow, the sustainability of core operations and the development of reliable income streams.

The Trustees' assessment of the charity's ability to continue as a going concern will take account of its current financial position, available funding and cash-flow forecasts for the period ahead.

FUTURE PLANS

The Trustees remain committed to promoting awareness, education and evidence-informed practice in infant mental health, supporting professionals working with babies, young children and their families.

Building on the financial and operational changes introduced during 2025, the charity will continue to focus on delivering its core charitable objectives within the resources available. Financial sustainability will remain a central consideration in determining future priorities and activities.

A key priority for 2026 will be to strengthen and develop membership, particularly through partnerships with teams, services and organisations, and by increasing engagement with early years professionals. Against a backdrop of continuing economic pressures, the charity will review its membership structure, payment options and benefits to ensure that membership remains accessible, affordable and relevant to practitioners, while balancing these objectives with the need to generate sustainable income.

As part of this commitment, Lunchtime Skills Box Sessions will once again be offered free of charge to AiMH UK members during 2026, providing accessible opportunities for professional learning and development.

AiMH UK will continue to develop its educational resources and professional development opportunities, including the Infant Mental Health Competency Framework and associated guidance. The charity will also review the future delivery of its IMH CPD Programme and Infant Mental Health Recognition Register to ensure that these remain relevant, accessible and financially sustainable.

Further work will focus on strengthening relationships with universities, colleges and training providers, supporting the integration of infant mental health knowledge within professional education and early years training.

The charity will also continue to explore opportunities for external funding, sponsorship, charitable donations and collaborative projects. However, the Trustees recognise that securing unrestricted funding remains challenging and that the organisation must avoid taking on commitments beyond its available financial and operational capacity.

With 2026 marking AiMH UK's 30th anniversary, the charity will seek to build on its established reputation and professional networks, raising awareness of infant mental health and the importance of supporting early relationships.

The Trustees remain committed to ensuring that AiMH UK continues to make a meaningful contribution to the infant mental health workforce while taking a realistic and responsible approach to its financial sustainability.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is guided by its governing document, a memorandum and articles of association dated 23 June 2017, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Organisational structure

The company was registered as a charity on 17 August 2017. Now based in the Cotswolds, the current structure consists of:

" Board of trustees - 7 trustees and 1 Honorary Advisor

" The Operating Team - Comprising of the President, the Clinical Director, The Director of CPD & Education, The Chief Operations Officer and the Membership & Admin Assistant.

" Executive board - Consists of 10 members meeting quarterly to represent the voice of the professional and to coordinate the hub events and communities of practise.

" During 2025, AiMH UK continued to review its staffing arrangements in response to ongoing financial pressures. The Chief Operations Officer's role, previously full-time, was reduced to part-time to help manage costs. The charity also retained two part-time Directors responsible for Clinical Services and Education and CPD, each initially working one day per week. The Clinical Director's hours were further reduced to half a day per week midway through 2025. Part-time administrative support was also maintained, although hours were reduced as part of the charity's wider cost-saving measures.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

03219779 (England and Wales)

Registered Charity number

1174298

Registered office

Chipping Campden Business Hub

The Cambrook

High Street

Chipping Campden

Gloucestershire

GL55 6AT

Trustees

R A Balbernie Director

Professor J Barlow Director

Mrs E Gandy Director

Dr M Miele Director (resigned 9.9.26)

Dr H Simmons Director

Mrs R Spencer Director (resigned 17.3.26)

Dr S S Sturrock Director (resigned 9.9.26)

Professor J Barlow is President and Chair of the charity.

Independent Examiner

Joseph Golding MAAT

Attwoods

Chartered Certified Accountants

90-92 High Street

Evesham

Worcestershire

WR11 4EU

Approved by order of the board of trustees on 23 October 2026 and signed on its behalf by:

Professor J Barlow - Trustee

Independent examiner's report to the trustees of Association for Infant Mental Health (U.k.) ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2025.

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.

Joseph Golding MAAT

Attwoods

Chartered Certified Accountants

90-92 High Street

Evesham

Worcestershire

WR11 4EU

30 October 2026

31.12.25

31.12.24

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

35,249

19,800

55,049

41,470

Other trading activities

2

13,767

-

13,767

15,293

Investment income

3

15

-

15

158

Total

49,031

19,800

68,831

56,921

EXPENDITURE ON

Raising funds

702

-

702

3,555

Charitable activities

Fundraising

56,221

19,800

76,021

90,973

Other

3,923

-

3,923

-

Total

60,846

19,800

80,646

94,528

NET INCOME/(EXPENDITURE)

(11,815

)

-

(11,815

)

(37,607

)

RECONCILIATION OF FUNDS

Total funds brought forward

(24,312

)

-

(24,312

)

13,295

TOTAL FUNDS CARRIED FORWARD

(36,127

)

-

(36,127

)

(24,312

)

31.12.25

31.12.24

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

7

522

-

522

1,014

CURRENT ASSETS

Debtors

8

2,557

-

2,557

914

Cash at bank

3,794

-

3,794

8,644

6,351

-

6,351

9,558

CREDITORS

Amounts falling due within one year

9

(18,625

)

-

(18,625

)

(34,884

)

NET CURRENT ASSETS/(LIABILITIES)

(12,274

)

-

(12,274

)

(25,326

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,752

)

-

(11,752

)

(24,312

)

CREDITORS

Amounts falling due after more than one year

(24,375

)

-

(24,375

)

-

NET ASSETS/(LIABILITIES)

(36,127

)

-

(36,127

)

(24,312

)

FUNDS

11

Unrestricted funds

(36,127

)

(24,312

)

TOTAL FUNDS

(36,127

)

(24,312

)

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 30 October 2026 and were signed on its behalf by:

J Barlow - Trustee

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.

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.

Computer equipment

-

25% on reducing balance

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.

2.	OTHER TRADING ACTIVITIES

31.12.25

31.12.24

£

£

Fundraising events

13,767

15,293

3.	INVESTMENT INCOME

31.12.25

31.12.24

£

£

Deposit account interest

15

158

4.	NET INCOME/(EXPENDITURE)

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

31.12.25

31.12.24

£

£

Depreciation - owned assets

174

338

Deficit on disposal of fixed assets

318

-

5.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024.

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

41,470

-

41,470

Other trading activities

15,293

-

15,293

Investment income

158

-

158

Total

56,921

-

56,921

EXPENDITURE ON

Raising funds

3,555

-

3,555

Charitable activities

Fundraising

84,175

6,798

90,973

Total

87,730

6,798

94,528

NET INCOME/(EXPENDITURE)

(30,809

)

(6,798

)

(37,607

)

RECONCILIATION OF FUNDS

Total funds brought forward

6,497

6,798

13,295

TOTAL FUNDS CARRIED FORWARD

(24,312

)

-

(24,312

)

7.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2025

5,461

Disposals

(3,812

)

At 31 December 2025

1,649

DEPRECIATION

At 1 January 2025

4,447

Charge for year

174

Eliminated on disposal

(3,494

)

At 31 December 2025

1,127

NET BOOK VALUE

At 31 December 2025

522

At 31 December 2024

1,014

8.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

1,863

45

Prepayments

694

869

2,557

914

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

2,397

3,547

Social security and other taxes

7,767

24,915

Other creditors

6,841

4,316

Accrued expenses

1,620

2,106

18,625

34,884

10.

LOANS

An analysis of the maturity of loans is given below:

31.12.25

31.12.24

£

£

Amounts falling between one and two years:

Other loans - 1-2 years

4,875

-

Amounts falling due between two and five years:

Other loans - 2-5 years

19,500

-

11.	MOVEMENT IN FUNDS

Net

movement

At

At 1.1.25

in funds

31.12.25

£

£

£

Unrestricted funds

General fund

(24,312

)

(11,815

)

(36,127

)

TOTAL FUNDS

(24,312

)

(11,815

)

(36,127

)

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

49,031

(60,846

)

(11,815

)

Restricted funds

Elevate Great

19,800

(19,800

)

-

TOTAL FUNDS

68,831

(80,646

)

(11,815

)

Comparatives for movement in funds

Net

movement

At

At 1.1.24

in funds

31.12.24

£

£

£

Unrestricted fund

6,497

(30,809

)

(24,312

)

Restricted funds

CNWL Partnership Project

6,798

(6,798

)

-

TOTAL FUNDS

13,295

(37,607

)

(24,312

)

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted fund

56,921

(87,730

)

(30,809

)

Restricted funds

CNWL Partnership Project

-

(6,798

)

(6,798

)

TOTAL FUNDS

56,921

(94,528

)

(37,607

)

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.1.24

in funds

31.12.25

£

£

£

Unrestricted fund

6,497

(42,624

)

(36,127

)

Restricted funds

CNWL Partnership Project

6,798

(6,798

)

-

TOTAL FUNDS

13,295

(49,422

)

(36,127

)

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted fund

105,952

(148,576

)

(42,624

)

Restricted funds

CNWL Partnership Project

-

(6,798

)

(6,798

)

Elevate Great

19,800

(19,800

)

-

19,800

(26,598

)

(6,798

)

TOTAL FUNDS

125,752

(175,174

)

(49,422

)

12.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2025.