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2025-03-31-accounts

Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Company Number 02029641 Registered Charity 1002141

Integrate (Preston and Chorley) Limited Report and Financial Statements

For The Year Ended

31 March 2025

Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Contents

Page
Directors’ Report 1
Independent Auditor’s Report 10
Statement of Financial Activities 13
Balance Sheet 14
Statement of Cash Flows 15
Notes to the Financial Statements 16

Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Legal and Administrative Information

Directors
L Arkwright (resigned 31 Dec 2024)
M Bleasdale
N Homan
J Kay
T Keely
P McKeown
A Caine (appointed 24 June 2024)
R A Crowther (appointed 26 June 2024)
S Shrestha (appointed 26 June 2024)
S Stephens (appointed 24 June 2024)
Chief Executive: S Pemberton
Project director, ISS: P Green
Project director, Corporate A Guthrie (Resigned 27 June 2025)
Services and Company I Anderton (Appointed 27 June 2025)
Secretary:
Project director, New Focus: A Watson
Registered Office: Quayside House off Chain Call Way
Navigation Way
Preston
Lancashire
PR2 2XS
Charity Number: 1002141
Company Number: 02029641
Constitution: The charity is registered as a company and is limited by guarantee. The
charity is governed by Memorandum and Articles of Association.
Auditors: MHA
Richard House
9 Winckley Square
Preston
PR1 3HP

Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Directors’ Report

Year ended 31 March 2025

The Trustees, who are also Directors of the charity for the purposes of the Companies Act, present their annual report and financial statements of the charity for the year ended 31 March 2025 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 published in October 2019.

Structure, Governance and Management of the Organisation:

Constitution and Governing document:

Integrate is a charitable company whose Board of Directors are also charitable Trustees and are appointed to reflect the range of skills, interests and experience needed for effective governance, given the nature of the charitable activities. Trustees are appointed by the Board. The memorandum of association governs the activities of the charity and there are regular Board meetings to govern the business of the charity and monitor its operations, with operational senior managers reporting to project Sub Boards to the agreed organisational plan.

Recruitment/Selection of Trustee Directors:

Directors (Trustees) are sought whose skills build on the skills base of the current Board which includes sector specific skills, expertise and experience, as well as in finance, law, business, marketing, human resources, and management, and includes some stake-holder representation from a parent carer and an expert by experience. Vacancies in the Board are advertised and recruited using local networks and the National Press. The current makeup of the Board has been reviewed and the four new members identified last year were officially appointed at the June meeting.

The process of application for new members includes seeking references and attendance at an agreed number of Board Meetings, firstly as an observer, to ensure both the present Board of Trustees and the applicant feel the appointment would be beneficial and appropriate. The applicant receives all relevant information regarding the organisation structure, Board structure, expectations of both the Sub Boards and the Board Committees. This is further supported with verbal information from either the Chief Executive, the current Chair or the Company Secretary. Once the suitability of the prospective candidate has been agreed by the current Board Members the new Trustee will then be confirmed formally in their role at the next AGM.

Induction and training:

The training of new Board Directors would include the provision of an initial induction pack containing key information about the organisation including the Plan, organisational structures, the last AGM report and Accounts, any other recent project reports which may be of assistance, material on the organisation’s constitution and memorandum of association, the role of the Board, and the up-to-date national guidance on Trustee standards and governance requirements. The Trustee job description is included in the pack and in any information to potential Trustees.

There would also be a 1:1 introductory session with the Chief Executive on the organisation including meeting key people and a similar 1:1 session with the Chair. Any new Chair has a period of induction which includes some induction from the retiring Chair or a designated experienced Board Director and on-going support/advice from them as required.

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Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Directors’ Report

Year ended 31 March 2025

Induction and training (continued):

We continue to offer of ad-hoc training sessions to Trustees which previously included invites and attendance to conferences on the Care Act 2015, Deprivation of Liberty, Safeguards, Safeguarding, training in financial areas and other events relevant to the sector, and a return to face to face meetings these opportunities will increase. Operational Managers continue to offer regular briefings regarding current employment changes, Charity Commission information and other updates relevant to each project area. Training continues to be done jointly with senior operational management as appropriate.

Key management personnel remuneration

The remuneration of the Chief Executive and Project Directors is set and reviewed by the remuneration committee with approval from the full Board of Trustees. Benchmarking of local similar charities takes place to ensure parity with other local Social Care and Charity Sector key personnel remuneration.

Structure and wider network:

Trustees are responsible for the long-term strategic direction of the charity, setting the aims and monitoring progress towards these, agreeing the annual plans and budgets within the overall strategy and key policies. The day-to-day management of the charity is delegated to the Chief Executive and the Project Directors, who are professional managers with experience and expertise in areas relevant to the projects. The Board continues to set financial parameters on level of spend authorised.

The Board meets regularly with the Chief Executive and Company Secretary as well as Project Directors who all attend quarterly Board meetings. The work of the Board continues to be supported by 3 Sub Boards who look at the detail of the 3 major project areas. The Sub Boards are supported by the 3 operational Project Directors. The Board concentrates on the organisation’s governance responsibilities and safeguarding the charity, looking towards its longer-term development, its strategic plan and overall financial stability. There may also be occasions where it is beneficial to run short-term “task and finish” groups with relevant operational management in relation to development and review issues across the whole organisation.

Sub Boards work to the Project operational plans and report to the Board on progress and exceptions/matters which might affect the overall charity’s risk or viability. The Project Directors manage the overall project activity to their agreed annual plans and ensure effective management of the activities to agreed standards, providing the specialist professional management and expertise. There may also be times when the Sub Boards co-opt members to follow up or advise on specific projects, for example Psychology, Housing Leads or others when applicable.

Relationship with any related parties:

Integrate has continued with its membership of the Lancashire Learning Disabilities Consortium (LLDC), which is an Industrial and Provident Society with charitable exemption and has a membership of Learning Disability Charities and Associate Members from Lancashire who share a commitment to promoting the welfare of adults with Learning Disabilities. Integrate, along with the LLDC, continue to represent issues for the Learning Disability sector across the county. Integrate’s C.E.O. currently holds the position of Chair for the LLDC.

The relationship between Integrate and Linkability, a charity based in Chorley which works with adults and children with severe Learning Disabilities, continues to be positive and is used as an opportunity to share knowledge and support in sector related issues.

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Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Directors’ Report

Year ended 31 March 2025

Relationship with any related parties (continued):

Integrate’s Social Enterprise Projects continue their associations with The Social Enterprise Lancashire Network, an organisation created to support social business across Lancashire; The Woodhouse is a member of the National Community Wood Recycling Project. The Charity Shops promote their links with the sector through their Membership of the Chamber of Commerce.

Integrate continue the sponsorship of Community Living, an online magazine about Learning Disabilities has continued in this financial year. The CEO is a member of the Editorial Board and a trustee on the Board of C.L. Initiatives Limited, the charitable entity which govern the production and financial administration of the magazine.

Integrate continue to work in partnership with several Housing Associations, such as Places for People, Manchester Housing, Care Housing Association and Preston Community Gateway who all support the work of the Charity. Integrate acts as Managing Agents for some of these Housing Associations for which a fee is received. We continue to work with an increased number of private landlords due to the current social housing market.

Links with the local universities and colleges have continued over this year and once again we have had students on placement in our services.

This year Integrate have continued with their membership of the National Care Forum and VODG, (Voluntary Organisations Disability Group) which is a national charity that represents not-for-profit organisations who provide services to disabled people in ways that promote independence, choice and control.

Reviewing major risks:

Integrate review any major risks annually, this is carried out by the Directors and Trustees and is managed by a combination of employing suitably qualified and experienced staff at each level and by providing regular and relevant training alongside the development and implementation of policies and procedures.

Risk assessments and strategies are in place and reviewed regularly to manage risks. Key areas are monitored which include financial planning and management of the main organisational risks. There are Safeguarding and Whistleblowing policies in place and these help to identify risk at an early stage to allow appropriate interventions to take place. One of the Trustees has designated responsibility for Whistleblowing.

The continued engagement of a Health and Safety consultant has helped the organisation to assess its Health and Safety risks by acting as our Competent Advisor. The ongoing monitoring of Health and Safety is reviewed monthly by the Staff Health and Safety and Staff Reps groups.

The majority of Integrate’s business continues to be with Lancashire County Council and is funded at the benchmark rate. Having a major part of the business funded by one authority does place a certain amount of risk to the organisation. Our application for addition to the Home Care framework has been successful and this means the people who were commissioned ‘off framework’ are now on this framework. We are still in the process of having our application to the APL Supported Living Framework for Lancashire agreed. This has been quite a lengthy process.

The Local Authority policy on apartment schemes adds some risks to our services due to the number of people who are unable to share with others due to a variety of reasons. This leaves us with some vulnerabilities in regard to single tenancies and void properties.

The organisation also takes out comprehensive insurance to cover property and on-going operational risks and to indemnify the organisation’s professional managers and Directors. This would also provide for the costs of defending any action related to HR issues which might be taken against them at any time and any potential concerns are managed in full consultation and supported by Peninsula, together with an HR professional manager who offers training and guidance.

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Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Directors’ Report

Year ended 31 March 2025

Reviewing major risks (continued):

Integrate’s business continuity plan also covers areas such as the Covid pandemic, swine flu, winter flu, adverse weather conditions and other situations which may prevent staff from attending work including cyber risks. As staffing the service is the key risk in delivering support to vulnerable people, the plans allow for cover in case of untoward contingencies.

Integrate’s Internal Agency continues to be steady and provides the organisation with members of agency workers to cover for holidays, sickness and training of permanent staff. The use of external agency over the whole organisation has remained fairly similar to other years. Where it is necessary to use external agencies both parties would work together to ensure staff used are regulars and known to the individuals they support.

One major risk is the Tulketh Brow office which suffered from a flood and severe water ingress, the building is now empty as we have moved to new purpose-built offices, which now are the Company’s head office. Tulketh Brow has been sold but, at the time of writing, the sale is not yet complete.

Objectives and Activities

The charity’s key objectives and activities are:

Achievements and Performance

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Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Directors’ Report

Year ended 31 March 2025

Achievements and Performance (continued):

We held our annual ‘get together, where we celebrated the achievements of the People we Support, the organisation and our staff teams. We presented the awards for ‘The Tom MacLean’ ‘Making a difference award’ and the Rose Trustam ‘Good practice award’ in memory of our founding CEO and President. We had a very good response to nominations for these awards, from both the People who use our services and colleagues. This year we added a third ‘unseen support’ award for people who aren’t support staff but offer background support to others in the organisation. All our volunteers and attendees of our Day Services received certificates and vouchers as recognition of their input.

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Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Directors’ Report

Year ended 31 March 2025

The impact of Covid-19

In line with Government policy, any Covid-19 risks are now treated as part of “business as usual.”

Disabled employees

The charity gives full consideration to applications for employment from disabled persons where a disabled person can adequately fulfil the requirements. Where existing employees become disabled, it is the charity’s policy wherever practicable to provide continuing employment under normal terms and conditions and to provide training and career development.

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Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Directors’ Report

Year ended 31 March 2025

Rose Trustam Legacy

Integrate’s founding Chief Executive Officer sadly passed away during the pandemic. She very kindly left Integrate a legacy from her estate and some of these funds have been designated by Integrate to be used towards good practice awards in her name and to help with further involvement of the people we support in the organisation, in line with the values of the Charity.

Financial review

Designated Reserves:

The charity has designated reserves held in relation to the commitment it has to the people it supports, its housing management responsibilities and its staff. It also must maintain a level of cash flow to cover its monthly requirements and to take account of changes in the contracting environment. Further, Integrate also maintains reserves in order to support project development and to support applications to external funding sources.

Currently designated reserves are as follows and have decreased by £1,780 from the previous year:

General Reserve:

As a business there is a need for a general reserve to support cash flow and payroll, where contracts are mainly paid 4 weeks in arrears. The general reserve and continuity reserve must be considered together to cover the charity’s monthly ongoing operating costs. The general reserve has increased by the net movement in unrestricted funds this year.

This year the remeasurement of the pension fund liability as detailed in Note 16, has led to a loss of £14,996 being recognised within the general reserve. The net movement before this remeasurement was £7,693.

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Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Directors’ Report

Year ended 31 March 2025

Restricted reserves:

Reserves and Tangible Fixed Assets:

Total reserves as at 31 March 2025 were £795,331, all of which are unrestricted funds. After the deduction from total funds of designated funds (excluding the continuity contingency fund) and fixed assets the total reserves are £219,020.

Principal funding sources:

The concern remains over the financial reliance on a major single funder Lancashire County Council due to the commitment to providing local services. Some inroads have been made with other Councils, the NHS and some Clinical Commissioning Groups with the specialist service provided by New Focus. Housing services also contribute significantly to the Charity and its commitment to support services in the community.

Training related income:

Integrate receives training income for social work and nursing placements and has also received income from Skills for Care towards mandatory training requirements.

Future plans:

During the Next Year:

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Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Directors’ Report

Year ended 31 March 2025

Fundraising:

We have considered the requirements of the Charities (Protection and Social Investment) Act 2016 regarding disclosures concerning fundraising and fundraising standards and confirm that these do not apply to the charity.

Auditors:

A resolution proposing that MHA be reappointed as auditor of the company will be put to the Annual General Meeting.

Statement of Trustees’ Responsibilities:

The Trustees (who are also the Directors of the charitable company for the purposes of company law) 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).

Company law requires the Trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for detection of fraud and other irregularities.

In so far as the Trustees are aware:

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies’ exemption.

By order of the Board

J Kay Director

Date: December 23, 2025

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Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

INDEPENDENT AUDITOR’S REPORT TO THE BOARD OF TRUSTEES

For the year ended 31 March 2025

Opinion

We have audited the financial statements of Integrate (Preston and Chorley) Limited (the ‘charitable company’) for the year ended 31 March 2025 which comprise the statement of financial activities (incorporating an income and expenditure account), the balance sheet, the statement of cash flows, and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the trustees’ annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

INDEPENDENT AUDITOR’S REPORT TO THE BOARD OF TRUSTEES

For the year ended 31 March 2025

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report and the directors’ report.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on page 9, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

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Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

INDEPENDENT AUDITOR’S REPORT TO THE BOARD OF TRUSTEES

For the year ended 31 March 2025

Auditor’s responsibilities for the audit of the financial statements (continued)

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with the Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Nicola Mason MA(Cantab) FCA DChA (Senior Statutory Auditor)

For and on behalf of MHA Chartered Accountants and Statutory Auditor Preston

December 23, 2025

…………………

MHA is the trading name of MHA Audit Services LLP, a limited liability partnership in England and Wales (registered number OC455542)

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Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Statement of Financial Activities (Incorporating an income and expenditure account)

For the year ended 31 March 2025

Notes
Income from:
Charitable activities
2
Investments
3
Total income
Expenditure on:
Charitable activities
5
Total expenditure
Net income
7
Transfers between funds
Other recognised gains:
Remeasurements to pension liability
16
Net movement in funds
Total funds brought forward
Total funds carried forward		 Unrestricted
Funds
2025
£
10,955,310
5,775
10,961,085
10,940,137
10,940,137
20,948
-
(14,996)
5,952
789,379
795,331		 Restricted
Funds
2025
£
-
-
-
-
-
-
-
-
-
-
-		 Total
Funds
2025
£
10,955,310
5,775
10,961,085
10,940,137
10,940,137
20,948
-
(14,996)
5,952
789,379
795,331		 Total
Funds
2024
£
10,236,902
7,475
10,244,377
10,232,660
10,232,660
11,717
-
(6)
11,711
777,668
789,379

All of the above results are derived from activities which are continuing.

All gains and losses in the periods are included above.

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Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Balance Sheet

As at 31 March 2025

Notes 2025 2024
£ £ £ £
Fixed Assets
Intangible assets 10 6,295 14,900
Tangible assets 11 425,596 386,771
Current Assets
Debtors 12 1,309,727 1,024,528
Cash at bank and in hand 339,386 655,624
1,649,113 1,680,152
Creditors:
Amounts falling due within one year 13 (1,276,248) (1,292,444)
Net current assets 372,865 387,708
Total assets less current liabilities 804,756 789,379
Creditors:
Amounts falling due after more than (9,425) -
one year 14
Net assets 795,331 789,379
Represented by:
Restricted funds 15 - -
Unrestricted funds 15 795,331 789,379
Total funds 795,331 789,379

The financial statements have been prepared in accordance with the provisions applicable to companies entitled to the small companies’ regime

December 23, 2025

The financial statements were approved by the board of directors and authorised for issue on …………….………..

Signed on behalf of the Board

J Kay Director Company number: 02029641

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Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Statement of Cash Flows

For the year ended 31 March 2025

Cash (used in) / generated by operating activities
(a)
Cash flows from investing activities
Investment income
Interest paid
Proceeds from sales of tangible fixed assets
Purchase of tangible fixed assets
Cash used in investing activities
Cash flows from financing activities
Repayment of borrowings
Cash used in by financing activities
Increase in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
(a) Reconciliation of net movement in funds to net cash flow
from operating activities
Net income for the year
Investment income received
Interest paid
Amortisation
Depreciation
(Profit)/Loss on disposal
(Increase)/decrease in debtors
(Decrease)/increase in creditors
Employers pension deficit contributions (note 16)
Cash (used in) / generated by operating activities		 2025
Total
£
(260,682)
5,775
-
400
(61,731)
(55,556)
-
-
(316,238)
655,624
339,386
20,948
(5,775)
229
8,605
22,928
400
(285,199)
(13,985)
(8,833)
(260,682)		 2024
Total
£
(135,198)
7,475
-
5,300
(6,274)
6,501
(83,356)
(83,356)
(212,053)
867,677
655,624
11,717
(7,475)
710
15,532
18,869
1,465
(260,906)
95,489
(10,599)
(135,198)

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Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Notes to the Financial Statements

Year ended 31 March 2025

1 Accounting policies

General information and basis of preparation

Integrate (Preston and Chorley) Limited is a company limited by guarantee, incorporated in England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity (the members of the company are the Directors as listed on the legal and administrative information page). The address of the registered office is included on the legal and administrative information page of these financial statements. The nature of the charity’s operations and principal activities are included within the Directors’ Report.

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.

The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Going concern

The Trustees together with management assess whether the use of going concern is appropriate i.e. whether there is any material uncertainties related to events or conditions that may cast significant doubt on the charity to continue as a going concern. The assessment is made in respect of a period of at least one year from the date of authorisation for issue of the financial statements.

Following a review of the financial forecasts, together with funds held, the trustees have concluded that it remains appropriate to prepare these financial statements on the going concern basis as the budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

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. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is described by its title within the directors’ report. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donors. The aim and use of each restricted fund is described by its title within the directors’ report.

Page | 16

Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Notes to the Financial Statements

Year ended 31 March 2025

Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably. The following specific policies are applied to particular categories of income:

Income received in advance of an event or provision of specified service is deferred until the criteria for income recognition are met.

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Detailed analyses of the expenditure, including irrecoverable VAT where applicable, are provided in the notes to the accounts.

Tangible fixed assets and depreciation

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

Intangible fixed assets

Intangible fixed assets are stated at cost less amortisation. Amortisation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Page | 17

Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Notes to the Financial Statements

Year ended 31 March 2025

Debtors

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.

Creditors

Creditors 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 are normally recognised at their settlement amount after allowing for any trade discounts due.

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.

Pensions

The company contributes to a multi-employer scheme. As the proportion of the fund attributable to Integrate (Preston and Chorley) Limited cannot be calculated this scheme has been treated as if it was a defined contribution scheme. As the scheme is in deficit and the company has agreed to a deficit funding arrangement, the company recognises a liability for this obligation which is equal to the discounted present value of the future deficit payments.

Operating leases

Rentals applicable to operating leases are charged to the SOFA on a straight line basis over the term of the lease.

Taxation

The company is a registered charity and is not liable to taxation on its charitable activities.

Judgements and key sources of estimation uncertainty

The Directors do not believe that there are any estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities.

2 Income from charitable activities

Statutory Funds
Housing Funds
Social Enterprises
Training (including secondment)
Self Funding
Other		 Unrestricted
2025
£
9,470,121
911,399
500,938
2,973
1,584
68,295
10,955,310		 Restricted
2025
£
-
-
-
-
-
-
-		 Total
2025
£
9,470,121
911,399
500,938
2,973
1,584
68,295
10,955,310		 Total
2024
£
8,843,208
852,529
461,703
19,678
-
59,784
10,236,902

Page | 18

Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Notes to the Financial Statements

Year ended 31 March 2025

3 Income from investments

This comprises building society interest. All investment income was unrestricted in the current and previous year.

4 Support costs

Support costs
Wages, salaries and other staff related costs
Premises related costs
Communications costs
Legal and professional services
Sundry expenses
Amortisation
Depreciation
Bank charges and interest		 2025
£
532,405
147,417
41,803
116,224
5,525
8,605
16,208
2,538
870,725		 2024
£
374,797
70,691
35,188
81,939
8,882
15,532
12,437
2,139
601,605
Wages, salaries and other staff related costs
Premises related costs
Communications costs
Legal and professional services
Other Social Enterprise costs
Sundry expenses
Depreciation
Bank charges and interest
Support costs (see note 4)
Governance costs (see note 6)		 2025
£
8,608,760
990,329
102,116
230,406
31,834
78,514
6,720
4,865
870,725
15,868
10,940,137		 2024
£
8,227,348
951,270
109,693
203,497
35,036
75,598
6,432
7,734
601,605
14,447
10,232,660

Page | 19

Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Notes to the Financial Statements

Year ended 31 March 2025

6 Governance costs

These costs are as follows:

These costs are as follows:
External audit
External audit – irrecoverable VAT
Trustees’ expenses		 2025
£
13,200
2,640
28
15,868		 2024
£
12,000
2,400
47
14,447

7 Net income/(expenditure) for the year

This is stated after charging:

Amortisation
Depreciation
Auditors’ remuneration
Rentals under operating leases
Staff costs
Wages and salaries
Social security costs
Pension costs (defined contribution)		 2025
£
8,605
22,928
13,200
745,649
2025
£
7,666,173
674,813
172,581
8,513,567		 2024
£
15,532
18,869
12,000
691,705
2024
£
6,944,801
556,003
154,141
7,654,945

8 Staff costs

The average monthly number of salaried employees during the year was:

Full and part time
Full time equivalents		 2025
2024
315
319
246
267

One (2024: one) employee received total employee benefits (excluding employer pension costs) of more than £60,000 during the current year, earning between £60,001 and £70,000. The directors (trustees) did not receive any remuneration during the year. Travel expenses amounting to £28 (2024: £47) were reimbursed to one (2024: one) director (trustee) during the year. The key management personnel of the charity comprise the Directors, the Chief Executive, and the three Project Directors as listed on the legal and administrative information page. The total employee benefits of the key management personnel of the charity, including National Insurance and pension contributions, were £270,151 (2024: £259,669).

Page | 20

Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Notes to the Financial Statements

Year ended 31 March 2025

9 Related party transactions

S Pemberton is a trustee of C.L. Initiatives Limited. During the year subscription and seminar fees of £4,000 (2024: £4,000) were paid to this entity, of which £2,375 remained outstanding at the year end. These transactions were at arm’s length.

10 Intangible fixed assets

ntangible fixed assets
Cost
At 1 April 2024
At 31 March 2025
Amortisation
At 1 April 2024
Charge for year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024		 Software
£
90,251
90,251
75,351
8,605
83,956
6,295
14,900		 Total
£
90,251
90,251
75,351
8,605
83,956
6,295
14,900

Page | 21

Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Notes to the Financial Statements

Year ended 31 March 2025

11 Tangible fixed assets

11
Tangible fixed assets
Freehold
land and
buildings
£
Cost
At 1 April 2024
528,554
Additions
34,818
Disposals
-
At 31 March 2025
563,372
Depreciation
At 1 April 2024
166,357
Charge for year
5,111
Eliminated on disposals
-
At 31 March 2025
171,468
Net book value
At 31 March 2025
391,904
At 31 March 2024
362,197
12
Debtors
Trade debtors
Prepayments and accrued income
13
Creditors: amount falling due within one year
Trade creditors
Other tax and social security
Accruals and deferred income
Pension deficit payments (note 16)		 Fixtures
and fittings
£
129,854
15,917
-
145,771
120,649
11,097
-
131,746
14,025
9,205		 Social
Enterprise
equipment
£
50,300
10,993
(4,900)
56,393
34,931
6,695
(4,900)
36,726
19,667
15,369
2025
£
656,459
653,268
1,309,727
2025
£
292,177
140,835
838,007
5,229
1,276,248		 Total
£
708,708
61,728
(4,900)
765,536
321,937
22,903
(4,900)
339,940
425,596
386,771
2024
£
676,408
348,120
1,024,528
2024
£
142,835
133,568
1,007,377
8,664
1,292,444

Page | 22

Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Notes to the Financial Statements

Year ended 31 March 2025

14
Creditors: amount falling due after more than one year
Pension deficit payments (note 16)		 2025
£
9,425
9,425		 2024
£
-
-
15
Funds
General
Designated funds
Voids reserve
Office fund
Housing provisions
Development provision
Continuity contingency
Clients’ contingency
Training fund
Employment contingency
Rose Trustam legacy
Training equipment reserve
General and designated
Restricted funds
Total funds		 At
1 April
2024
£
343,179
25,000
12,500
10,000
25,000
300,000
10,000
5,000
13,000
42,700
3,000
789,379
-
789,379		 Income
£
10,911,983
49,102
-
-
-
-
-
-
-
-
-
10,961,085
-
10,961,085		 Expenditure
£
(10,896,948)
(33,428)
(3,352)
-
-
-
(531)
(2,306)
(1,792)
(1,780)
-
(10,940,137)
-
(10,940,137)		 Other
gains,
losses and
transfers
£
(7,303)
(15,674)
3,352
-
-
-
531
2,306
1,792
-
-
(14,996)
-
(14,996)		 At
31 March
2025
£
350,911
25,000
12,500
10,000
25,000
300,000
10,000
5,000
13,000
40,920
3,000
795,331
-
795,331

Page | 23

Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Notes to the Financial Statements

Year ended 31 March 2025

15 Funds – Previous Year

General
Designated funds
Voids reserve
Office fund
Housing provisions
Development provision
Continuity contingency
Clients’ contingency
Training fund
Employment contingency
Rose Trustam legacy
Training equipment reserve
General and designated
Restricted funds
Total funds		 At
1 April
2023
£
329,868
25,000
12,500
10,000
25,000
300,000
10,000
5,000
13,000
44,300
3,000
777,668
-
777,668		 Income
£
10,198,291
46,086
-
-
-
-
-
-
-
-
-
10,244,377
-
10,244,377		 Expenditure
£
(10,154,255)
(59,954)
(4,669)
-
(7,656)
-
(550)
(2,376)
(1,600)
(1,600)
-
(10,232,660)
-
(10,232,660)		 Other
gains,
losses and
transfers
£
(30,725)
13,868
4,669
-
7,656
-
550
2,376
1,600
-
-
(6)
-
(6)		 At
31 March
2024
£
343,179
25,000
12,500
10,000
25,000
300,000
10,000
5,000
13,000
42,700
3,000
789,379
-
789,379

Page | 24

Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Notes to the Financial Statements

Year ended 31 March 2025

16 Pension costs

Integrate (Preston and Chorley) Limited participates in The Pensions Trust’s Growth Plan (the scheme). This is a multi-employer scheme which provides benefits to some 521 non-associated participating employers. The scheme is a defined benefit scheme in the UK. It is not possible for the company to obtain sufficient information to enable it to account for the scheme as a defined benefit scheme. Therefore it accounts for the scheme as a defined contribution scheme.

The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into force on 30 December 2005. This, together with documents issued by the Pensions Regulator and Technical Actuarial Standards issued by the Financial Reporting Council, set out the framework for funding defined benefit occupational pension schemes in the UK.

The scheme is classified as a 'last-man standing arrangement'. Therefore the company is potentially liable for other participating employers' obligations if those employers are unable to meet their share of the scheme deficit following withdrawal from the scheme. Participating employers are legally required to meet their share of the scheme deficit on an annuity purchase basis on withdrawal from the scheme.

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 as follows:

Unless a concession has been agreed with the Trustee the term to 31 March 2028 applies.

Note that the scheme’s previous valuation was carried out with an effective date of 30 September 2020. This valuation showed assets of £800.3m, liabilities of £831.9m and a deficit of £31.6m. To eliminate this funding shortfall, the Trustee asked the participating employers to pay additional contributions to the scheme as follows:

The recovery plan contributions are allocated to each participating employer in line with their estimated share of the Series 1 and Series 2 scheme liabilities.

As the scheme is in deficit and the company has agreed to a deficit funding arrangement, the company recognises a liability for this obligation. The amount recognised of £14,654 (2024: £8,664) 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.

A reconciliation of the total liability included within creditors is shown below. A total of £5,229 (2024: £8,833) is shown as due in less than 1 year, with the balance shown as due in greater than 1 year.

Page | 25

Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Notes to the Financial Statements

Year ended 31 March 2025

16 Pension costs (continued)

At 1 April
Unwinding of the discount factor (interest expense)
Deficit contribution paid
Remeasurements – amendments to the contribution schedule
Remeasurements - impact of any change in assumptions
At 31 March		 2025
£
(8,664)
(229)
8,833
(14,501)
(93)
(14,654)		 2024
£
(18,547)
(710)
10,599
-
(6)
(8,664)
The charges/(credits) recognised in the statement of financial activities are shown below: The charges/(credits) recognised in the statement of financial activities are shown below:
2025 2024
£ £
Interest expense 229 710
Remeasurements to pension liability (14,594) (6)
The assumptions used are shown below:
2025 2024
% %
Rate of discount 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.

At the year-end £15,687 (2024: £19,432) was owed to the scheme in respect of contributions.

17 Analysis of net assets between funds

nalysis of net assets between funds
Intangible fixed assets
Tangible fixed assets
Net current assets
Creditors due after more than 1 year		 Restricted
-
-
-
-
-		 Unrestricted
6,295
425,596
372,865
(9,425)
795,331		 Total
2025
£
6,295
425,596
372,865
(9,425)
795,331		 Total
2024
£
14,900
386,771
387,708
-
789,379

Page | 26

Docusign Envelope ID: 9D080533-2D61-4E12-B64C-38053DD72768

Integrate (Preston and Chorley) Limited

Notes to the Financial Statements

Year ended 31 March 2025

18 Financial commitments

Operating lease commitments

At the year end, the total of the company’s future minimum lease payments under non-cancellable operating leases was:

Amounts due within one year
Amounts due between one and five years		 Land & Buildings
2025
£
2024
£
455,064
507,184
33,600
7,286
488,664
514,470		 Other
2025
£
2024
£
6,959
91,600
868
868
7,827
92,468		 Other
2025
£
2024
£
6,959
91,600
868
868
7,827
92,468
92,468

During the year, the company incurred £745,649 (2024: £691,705) lease payments recognised in expenses.

Page | 27