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← Community Foundation For Calderdale

2025-06-30-accounts

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee.

EXECUTIVE COMMITTEE REPORT AND

FINANCIAL STATEMENTS

for the

YEAR ENDED 30 JUNE 2025

(Registered charity number 1002722)

(Company registration number 2599428, England & Wales)

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Contents

Page
Reference and administrative details 1
Executive Committee report 3
Statement ofthe Executive Committee responsibilities in respect ofthe
preparation ofthe financial statements 16
Auditor’s report 18
Statement offinancial activities (incorporating Income & Expenditure) 20
Balance sheet 21
Statement of cash flows 22
Reconciliation of net income to net cash flow from operating activities 22
Analysis ofcash and cash equivalents 22
Accounting policies 23
Notes to the financial statements 25
Memberslist 49

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Reference and administrative details

Registered company number

2599428

President

Mr Ed Anderson CBE HM Lord-Lieutenant of West Yorkshire

Life Vice Presidents Mrs Chris Harris DL Mr Bill Rooney OBE

Registered charity number 1002722

Vice President

Mr Roger Harvey OBE

Lady Margaret Shutt Mr Edward Wood

Executive Committee (Trustees)

Organisations with charitable objectives (‘voluntary sector’) Ms Alison Haskins Dr Roger Moore OBE (Vice Chair) Ms Preet Sandhu

Individuals, partnerships, companies or grant making charitable trusts (“corporate sector’) Mrs Heidi Bingham Mr Richard Blackburn Mr Andrew Hawley

Co-opted Mr Sabir Hussain Mr Mark Hemmingway

Treasurer Mr Simon Bottomley

Registered Office 9 Clare Road Halifax West Yorkshire HX1 2HX

Bankers Yorkshire Bank (Virgin Money) 7 Waterhouse Street Halifax West Yorkshire HX1 1XZ

Mrs Brenda Hodgson Mr Neil Wright Mr Nigel Cliffe (Chair)

Mrs Liz Kenny Mrs Jo Core

Company Secretary Mr Nick Worsnop

Investment Managers CCLA Investment Management Limited One Angel Lane London EC4R 3AB

Auditors Walter Dawson & Son Unit A4 Old Power Way Elland West Yorkshire HX5 9DE

Solicitors Chadwick Lawrence The Fire Station Dean Clough Mills Halifax HX3 5AX

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COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Reference and administrative details

Staff in post during the reporting year Mr Steve Duncan DL Mrs Amanda Lawson Mr Rob Billson Mrs Rachel Oates Mr Dean Bycroft Mrs Danni Bailey Mrs Rachel Burnett Mrs Siobhan Collier Ms Michelle Wade Mrs Liz Roberts

Contact details: Telephone: 01422 349700

Chief Executive Officer Finance Manager Grants Manager Engagement & Communications Manager Marketing Officer Grants Officer & |.T. Administrator Grants Programme Co-ordinator Finance Assistant Administrator Office Co-ordinator

enquiries@cffc.co.uk and hello@cffc.co.uk Website : www.cffc.co.uk

Committee members at Report date

Finance Executive Committee Members:

Mr Richard Blackburn Mr Andrew Hawley (Chair) Dr Roger Moore OBE

Co-opted Members:

Mr Carl Herring Mr Jonny Stead Mrs Carol Stevenson

Mr Simon Bottomley (Treasurer)

Marketing and Development Executive Committee Members:

Mrs Jo Core Ms Alison Haskins Mr Sabir Hussain Mrs Liz Kenny (Chair) Mr Neil Wright

Co-opted Members:

Ms lfat Jnugroo Mr Andy Jack Mr Harry Scott-Peters

Grants Committee

Executive Committee Members:

Mrs Heidi Bingham Mrs Brenda Hodgson (Chair) Ms Preet Sandhu Mr Mark Hemingway

Co-opted Members:

Mrs Pat Akerman Mr Wim Batist Mr Paul Gunningham Mr John Robertshaw Ms Sian Rogers Mr Mike Smith Ms Olivia Swingler

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COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Executive Committee Report

The Executive Committee is pleased to present its report together with the financial statements for the year ended 30 June 2025. These financial statements cover the entire range of activities.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Constitutional Basis

Community Foundation for Calderdale (“the Foundation’) is a registered charity and a company limited by guarantee, which does not have a share capital. The liability of the members is limited to £1. The Foundation is governed by its Memorandum and Articles of Association and managed by the Executive Committee whose members are directors for the purposes of the Companies Act 2006 and trustees for the purposes of the Charities Act 2011.

Executive Committee

The members of the Executive Committee are appointed within the following categories, and current members of the Executive Committee are shown on page 1:

Co-opted

The Memorandum and Articles of Association require that the Executive Committee shall consist of a minimum number of seven and a maximum number of fourteen, with no more than three members from group A, six from group B and five Co-opted members. One third of the members from groups A and B and all the Co-opted members shall retire from the Executive Committee at each annual general meeting. Members of groups A and B can be re-elected providing they shall not serve for a period exceeding nine years. Other members are co-opted by the Executive Committee at their first meeting following the Annual General Meeting.

The Executive Committee meets at least four times each year and receives reports from the chair of each of the supporting committees and from appropriate staff. This committee carries out an annual assessment of its function and effectiveness and annually consults with the staff team to review together at how the Foundation is progressing in line with the business plan.

The following held office on the Executive Committee during the reporting year:

==> picture [374 x 79] intentionally omitted <==

----- Start of picture text -----
Mrs H Bingham Mr S Hussain
Mr R Blackburn Mrs L Kenny (appointed 24/12/2024)
Mr N Cliffe Dr R Moore OBE
Ms A Haskins Mr N Wright
Mr A Hawley Mrs Z Zancudi (resigned 12/12/2024)
Mr M Hemmingway (appointed 17/06/2025) Ms P Sandhu
Mrs B Hodgson Mrs J Core (appointed 30/06/2025)
----- End of picture text -----

An Executive Committee skills audit is carried out on a regular basis to ensure the committee retains the necessary expertise to govern the work of the Foundation.

Supporting Committees

The Executive Committee is served by three standing committees, Finance, Grants, and Marketing and Development, each made up of a mixture of Executive Committee members and co-opted individuals with relevant expertise. In addition, four committees convene when necessary: Property, Human Resources, Investment and Strategy.

Finance

The Finance Committee meets at least four times each year to recommend policies and procedures relating to all financial matters and to monitor the financial position. This committee also reviews and approves the budget and statutory financial statements and monitors risk across the organisation via a Chief Executive Officer's quarterly report. The review and mitigation of the identified risks are carried out at each Financial Quarter to ensure that risks are identified, managed and controlled. It

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COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Executive Committee Report.

receives quarterly reports from the Finance Manager and a presentation twice a year from the portfolio investment managers.

No investments, other than interest bearing bank deposits, social loans, and property acquisitions, are made without the recommendation of a stockbroker or other appropriate professional advisor approved by the Finance Committee.

Finance Subcommittees

Property Committee

The Property Committee meets as required to discuss management issues arising from properties owned by the Foundation and where necessary considers further property acquisitions and disposals.

Investment Committee

The Investment Committee meets as required to consider matters in relation to the Foundation’s range of financial investments e.g., investment manager review.

Human Resources Committee

The Human Resources Committee meets as required to review staffing issues, including the pay structure, and to table recommendations to the Executive Committee via the Finance Committee.

Grants

The Grants Committee meets quarterly, to look at strategic grant matters. This committee is made up of representatives from the voluntary, private, and statutory sectors as well as members of the Executive Committee.

The Grants Committee recommends grant policies and procedures, monitors grant evaluations and assesses the overall impact of the grants strategy and has the flexibility to respond to donors’ wishes.

The Foundation Grants Team carry out an initial eligibility assessment on all grant applications and the eligible grants (from whichever fund) are assessed for approval via a secure website platform requiring two-factor authentication by the Grants Committee and then ratified by the Executive Committee.

Information for applying for grants is widely circulated through the Foundation’s local networks, the website (www.cffc.co.uk) and via Foundation events. Foundation grants made during the fiscal year are listed in the back of this report (Pages 42-43).

Marketing and Development

The Marketing and Development Committee meets four times a year to consider two main strands of activity:

  1. Income generating activity including the monitoring and promotion of philanthropic and general fundraising activity, overseeing donor services, engagement with professional advisors and identifying and securing grants schemes.

  2. Marketing and communications including the promotion of grants and the generation of case studies, the development and maintenance of the website, social media activity and hosting events.

Strategy Committee

A Strategy Committee meets as required to help drive the strategic direction of the Foundation through the development and discussion of ideas for possible recommendation for adoption by the Executive Committee.

Cabinet

The Cabinet, which is made up of the Chair of Trustees and Vice Chair, Committee Chairs, the Treasurer and the Company Secretary convened remains on stand-by to address important specific tasks at the request of the Executive Committee Chair or CEO and meets regularly throughout the year.

All members of the committees act in a voluntary capacity.

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COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Executive Committee Report

Statement on Risk

The Executive Committee confirms that it has assessed the risks that apply to the operation of the Foundation, that these risks have been reviewed, and that systems have been put in place to mitigate them. The Executive Committee has adopted, as part of a formal risk assessment policy, a Risk Assessment Tool which seeks to identify the elements of risk across the Foundation. Formal monitoring takes place through the appropriate committees.

Responsibilities of Staff and Trustees

The day-to-day management of the Foundation is led by the CEO and the Senior Management team with operational decisions made at local level in line with the Foundations procedures. Decisions involving trustees are at a higher level to support the long-term direction and running of the Foundation.

OBJECTIVES AND ACTIVITIES

Objects of the Foundation

The Foundation, as a registered charity, was established for the support or promotion of any charitable purposes, the relief of poverty, the advancement of education (including training for employment or work) or any other charitable purpose for the benefit of the community in the area of the Metropolitan Borough of Calderdale and its immediate neighbourhood and other charitable purposes in the United Kingdom with a preference for those which are in the opinion of the Executive Committee beneficial to the community in the area of benefit.

These principal objects, as set out in the Memorandum and Articles of Association, are achieved through policies set by the Executive Committee, and enacted by supporting committees, management, and employees of the Foundation.

The Executive Committee has complied with the duty in section 17(5) of the Charities Act 2011 to have due regard to guidance published by the Charity Commission which includes public benefit guidance and the Foundation follows the fundraising code of practice.

Endowment Fundraising

The Foundation continues to seek ways of attracting endowment donations through legacies, major donations, and the transfer of moribund or dormant trusts.

Membership The membership scheme is designed to encourage new members to participate in networking events throughout the year as well as their donations being awarded as grants to five specific themes. Within the first year of new membership, the Foundation will match fund their donation to their chosen priority theme. Foundation members will receive bi-monthly newsletters and opportunities to attend networking evenis.

Voluntary sector membership remains the same, paying an annual membership donation of £10. Alll other members are being encouraged to join as Friends of the Foundation for an annual donation of £120 (£10 per month) or the Foundation Club for an annual donation of £600 (£50 per month). Life membership is also available equivalent to 20 times the value of annual membership.

Funding Streams

The Foundation seeks to maximise the grants available from the management of Calderdale Metropolitan Borough Council (CMBC), Government and other flow-through programmes. In the current year, the Foundation managed several significant programmes including Healthy Holidays, Household Support, Micro Commissions for Disabled Artists, Activation Fund (Round 3), QFutures and Support and Integration.

The Foundation managed the following CMBC strategic flow-through programmes — Cultural Grants and Stronger Neighbourhoods.

Other Foundation flow through funds included the Community CPR Fund, Joan Eastwood Legacy, Oliver Smithies Fund, Ovenden Wind Farm, The Make a Difference Fund, and Todmorden Community Wind Farm.

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COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Executive Committee Report

Events

The Foundation successfully staged two major awards events at The Venue in Barkisland in October and November 2024 — the Business for Calderdale Awards and the Calderdale Community Spirit Awards. Both events were very well attended and celebrated outstanding contributions to the local community and economy.

These awards events brought to a close a successful year of in-person and tailored online engagement activities, which significantly raised the Foundation’s profile across all audiences, including potential donors.

Building on the strong foundations of previous years and making best use of available resources, the Foundation developed a programme of six themed events for 2025, hosted at a variety of venues across Calderdale. These events were carefully designed to align with the Foundation’s priority themes and were targeted at donors, business leaders, and voluntary sector leaders.

Grant making priority themes are poverty, housing & homelessness, community cohesion, climate emergency and Health & wellbeing.

In February 2025, the Mayor of Calderdale, Ann Kingstone, hosted a well-received Wills event at Halifax Town Hall. The event featured presentations and a Q&A session with a panel of Wills experts, as well as contributions from local voluntary sector organisations including Mothershare, St Augustine’s, and Project Challenge.

In April 2025, the Foundation launched its much-anticipated Local Insight Report into community needs at Ash Green Primary School, located in the heart of the Mixenden community. Speakers included Councillor Sarah Courtney and Mungo Sheppard, Headteacher of the school, which had been rebuilt and reopened following a devastating fire in February 2022 - thanks in part to the Foundation’s fundraising efforts.

In June 2025, Harveys Department Store hosted a special business event focused on Corporate Social Responsibility (CSR) and Environmental, Social, and Governance (ESG) principles. Guest speakers included Tracy Harvey, Managing Director of Harveys; David Lees, Managing Director of ABS, and Deputy Lieutenant Sandy Needham, who spoke about the King’s Award for Enterprise. Both Harveys and ABS hold Funds with the Foundation and shared their perspectives on the importance of giving back to the community and creating a lasting positive legacy.

Donor Services

The Foundation continues to support the generosity of its donors by providing them with a detailed annual report and an excellent personal service to ensure that their gifts are used effectively and in accordance with their wishes.

Grant Making

The Foundation Grants Team and Grants Committee professionally manage and monitor the grant making process across a wide range of restricted and unrestricted funds and funding streams and utilises a generic “user friendly” on-line application form and set of guidelines.

The Grants Strategy is reviewed annually by the Grants Committee and the Executive Committee.

Member of UKCF

The Foundation is a member of the UKCF (United Kingdom Community Foundations) network which works together to deliver UK nationwide funding as well as providing support to each of the members providing shared CRM systems and quality accreditation processes.

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COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Executive Committee Report

ACHIEVEMENTS AND PERFORMANCE

Review of Activities The Foundation has continued to achieve its objectives primarily through grant making, both from the income derived from its own endowment funds and by providing the expertise and infrastructure to allow the distribution of external funds from public, charitable and other sources. The Executive ‘Committee is of the opinion that through the activities and achievements set out in this report it can be shown that the aims of the Charity are carried out for the public benefit. The developments in the year are numerous and are described below under relevant headings. Further details are available on the Foundation’s website (www.cfic.co.uk).

Organisation Structure

The Executive Committee Chair and CEO regularly review the composition of the Executive Committee and supporting committees to fill the gaps in skills and knowledge left by retiring or resigning trustees and committee members.

Zohrah Zancudi resigned as Chair of Trustees in December 2024, having served five years on the Executive Committee. The Foundation is deeply grateful to Zohrah for her dedicated service as a Trustee, Chair of Trustees, and member of the Marketing and Development Committee. Zohrah was replaced by Nigel Cliffe as Chair at the December 2024 AGM.

In addition to the time freely given by trustees and committee members, the Foundation is grateful for the time and support given by volunteers who provided help with events during the year.

Independent Quality Accreditation

The Foundation procedures remain accredited by UKCF Quality Accreditation scheme. The next assessment round is scheduled for the autumn of 2025.

Grant Making

The Foundation awarded grants totalling £2,212,019 (2024: £2,768,467). Unrestricted funds accounted for £211,104 (2024: £263,194).

A total of 371 (2024: 476) grant applications were distributed across all funds. The number of grant awards made to Third Sector (voluntary and community sector) and other organisations was 337 (2024: 403). Not all the grants awarded during the fiscal year were paid during the fiscal year; some awards are payable over two or three years. The value of grants awarded to Calderdale organisations and individuals was £2,197,019 (2024: £2,763,537).

The Foundation has a rolling programme of grant making under the specific terms of each fund and in compliance with the Foundation’s objectives. Awards are made in accordance with the Grants Policy and Grant Applicant's Charter (see website www.cffc.co.uk), and within the guidelines applied by the Grants Committee under the supervision of the Executive Committee.

Ongoing Grant Programmes and Funds (see further details in Note 12 page 35):

Calderdale College Education Fund

This Fund is managed by the Foundation on behalf of Calderdale College. The Fund has two distinct strands - projects that will improve and make a real and sustainable difference to the educational attainment of groups of students at Calderdale College and grants to individual students who require support with course fees or associated costs.

Project grants are available to support educational development and well-being, both socially and from an educational perspective, to support initiatives that help to address health matters and healthy living or educational attainment projects including lifelong learning.

Bursaries are available to support individual students with scholarships, travel assistance, and educational materials One award of £5,500 was made in the year. The balance held is £102,117

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COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Executive Committee Report

Calderdale Year of Culture 2024

To celebrate Calderdale’s 50‘ anniversary a year-long programme of creativity and activity was launched on 13th April 2024 and as part of the celebrations the Foundation were invited to manage the Calderdale Year of Culture Fund 2024 (CYOC24).

The Fund distributed £122,405 to 53 projects to help celebrate Calderdale’s rich history, amazing landscapes, incredible people, unforgettable characters, creativity, entrepreneurship, and talent.

Climate Emergency Fund

This Fund was set up by CMBC in partnership with the Foundation, to support local environmental projects across three priorities - buildings, transport, and education.

CMBC and the Foundation are working together long-term to raise the awareness of ‘climate emergency’ and raise funds for the distribution of grants and loans to support capital and revenue projects in Calderdale. During the year two organisations received a total of £1,979.

CMBC Advice and Tackling Poverty

This CMBC Fund is designed to overcome barriers faced by vulnerable people accessing advice and information services to people with health issues, people leading chaotic lives and people facing language barriers.

Five grants totalling £69,574 were awarded during the year.

CMBC Better Neighbourhoods (Community Grants for Climate Action) The aim of this Fund is to bring people, investment, and funding together for the greatest impact by supporting community proposals for greener, cleaner, and climate-ready neighbourhoods, which prioritise:

£12,150 was awarded to one Calderdale organisation during the year.

CMBC Cultural Grants

A 3-year grant programme where seven grants totalling £74,500 were awarded to fund some of the following activities of training/mentoring, technology, additional capacity, Policy development, workshop costs, marketing and publicity and material resources.

CMBC Stronger Neighbourhoods

The aim of this Fund is to support constituted voluntary organisations around CMBC’s priorities of - Thriving Towns and Places, Reducing Inequalities and Climate Action.Six grant awards were made during the year totalling £88,033.

Communities In Crisis Fund UKCF

This Fund is a combination of monies from the British Red Cross, M&G plc and the Department for Digital, Culture, Media, and Sport (DCMS) secured through UKCF to help communities through the cost-of-living crisis. One grant was awarded totalling £152.

Community CPR Fund

This Fund was established by Deputy Lieutenant Neil Davidson in 2019 to support the installation of defibrillators in communities across Calderdale and refurbishing existing defibrillators. Expenditure was £13,240 for various organisations covering a new defibrillator, replacement equipment and batteries and training courses and £4,215 was raised in the financial year. The balance is £11,124.

Cost of Living Fund

This fund was originally created as a CMBC and West Yorkshire Mayor joint funded initiative to support the most vulnerable and disadvantaged Calderdale families during the cost-of-living

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COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Executive Committee Report

crisis. During 2024/25 £4,000 was transferred in from cffc donor funds. Four grants were awarded totalling £41,151.

Criminal Justice Fund

The fund was supported with an additional donation from the Crucible Foundation, and two grants were awarded totalling £26,500. The programme is to support people who are or have been involved with the criminal justice system to move on and make changes in their lives.

Earnshaw Pilot Fund

This Fund was established in 2010 by former Foundation Trustee Russell Earnshaw to support the awarding of small loans to Calderdale charitable organisations. One loan of £1,800 was made to Calderdale Credit Union during the year and the Fund has a balance of £13.

Half Term Healthy Holidays

This was set up to compliment the main Healthy Holidays scheme and is jointly funded through CMBC and the Foundation. Its aim is to support children in receipt of free school meals during school half terms with healthy activities provision and healthy meals. Ten grants were awarded totalling £85,630

Halifax Law Society Scholarships

The scholarship Fund, which is an endowed Fund, was established in November 2019 and is annually supports up to three new law students studying at Leeds Beckett University over a threeyear period. The original donation from the Society was £103,000 and the capital value of the fund has grown to £128,620. The income from the invested fund is match funded by the Foundation each year. The match this year was £1,135.

Healthy Holidays

Grants of £675,852 were awarded during the year by the Foundation to 24 organisations in Calderdale to support children and young people who are on free school meals during the school holidays, and for them to access free holiday club places as part of the Healthy Holidays Calderdale programme.

The programme funding was provided as part of the Government's Holiday Activities and Food (HAF) programme. The free places are funded by the Department for Education (DfE), providing enjoyable activities and nutritious meals for primary and secondary school-aged children eligible for benefits-related free school meals.

Household Support Fund

The Department for Work and Pensions (DWP) funding was awarded to the Foundation via CMBC to support people in hardship through the Winter with food needs and energy bills (including water) and the associated wider essentials e.g., sanitary products, warm clothing, boiler repairs and general bills support. Grants of £163,000 were awarded to 37 organisations.

Individual Fund The Individual Fund is a designated fund for which funds are allocated from income from a range of endowment funds. Grants are made to individuals through referring agencies, to alleviate personal needs. One grant of £786 was awarded during the year.

Joan Eastwood Legacy Fund

This legacy for the benefit of Brighouse charitable organisations was set up in 2021 and came via Chadwick Lawrence Solicitors. The Foundation mobilised a group of Brighouse representatives to form a local panel to design a scheme and distribute the funds. Seven grants were awarded totalling £14,281.

Mixenden Area Following the closure of the Mixenden Parents Resource Centre funding was made available to support charitable activity in the general Mixenden area. One group was awarded a grant of £224 during the year.

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COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Executive Committee Report.

Never Hungry Again

During the year the Foundation continued to raise monies via Localgiving.com and a range of funds to continue addressing the growing problem with school holiday hunger. Three grants were awarded totalling £2,075.

Oliver Smithies Fund

The widow and close family of the late Oliver Smithies, Nobel Prize Winner in Physiology, established the Oliver Smithies Fund with a gift of $100,000 (£76,400) to promote science in Calderdale schools. The CEO Steve Duncan is working with two UK based nephews of Oliver Smithies to utilise the funds.

A three-year grant of £15,000 was awarded to a local organisation, leaving a balance of £37,444.

Ovenden Moor Community Wind Farm Fund

A panel of representatives from the area of benefit (Calderdale and Bradford), met in November 2024 and awarded £71,644 of grants to 12 organisations in what was the eighth year of a 25-year programme.

Pennine Riding Club Fund

A former riding club in Todmorden forwarded the proceeds of the sale of land to the Foundation to support Todmorden charities and community activity. The Fund has a balance of £16,750. There were no grants awarded in the year.

Rastrick Big Local (RBL)

The Big Local programme is a national programme, funded through the Big Lottery Fund, that invests in local communities that have often been overlooked by outside funders Over £1m will be invested over a ten year period and the concept is that local residents come together to use the funding that has been allocated to their area to make a substantial and lasting positive difference to their communities.

As the Local Trusted Organisation (LTO) for RBL, the Foundation plays a key role in managing and overseeing all financial transactions incurred by the project and has a seat on the committee; for this LTO role it receives an annual 5% management fee. The Foundation also provides administrative support to RBL as and when required.

The programme is in the tenth year and during the financial year £286,289 was distributed to voluntary organisations in Rastrick, especially supporting Energy savings through installing solar panels, more efficient energy saving lighting and insulation.

Support and Integration Fund

The aims of the Fund are to:

The Halifax Tradesmen’s Benevolent Institution Fund This Fund which was set up to support local professional people and their families who are in need, hardship, or distress. The Foundation helped 10 beneficiaries with quarterly pension payments of £225. Additional bonuses of £50 each at Easter and £150 each at Christmas were made to the existing beneficiaries.

The Make a Difference Fund

This Donor Advised Fund was set up in 2021 to support organisations across three priority themes - housing/homelessness, community cohesion and climate emergency. The donors are keen to

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COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Executive Committee Report .

collaborate with other Foundation supporters to jointly fund charitable activity. Grants of £32,559 were awarded in total to nine organisations.

The North Halifax Social Activities Fund

Established in December 2021 with a donation of £100,000 to support sports organisations in the lilingworth and Ovenden areas of North Halifax. Further donations of £50,000 and £35,000 were given to the Foundation to support local organisations engaged in promoting healthy activities, sport, education, and training benefitting young people and families in North Halifax. Six grants were awarded totalling £26,999.

Todmorden Community Wind Farm Fund

Year nine of the Fund benefited eight community projects in the Todmorden area with eight grants totalling £29,640.

Youth Bank Halifax

Set up in 2022 to provide opportunities for a panel of young people from Calderdale’s Youth Council to choose funding priorities and to assess and award grants to successful applicants. No grants were given out within the financial year.

Youth Bank Todmorden

Set up in 2022 to provide opportunities for a panel of young people from the Todmorden High School Youth Council to choose funding priorities and to assess and award grants to applicants. No grants were given out within the financial year.

New Grant Programmes and Funds

Quickline QFutures Community Fund

A Fund to support training and skills development opportunities for marginalised communities with a particular focus on barriers to employment with a digital focus to be aligned with the specific local needs.Four grants were awarded totalling £21,250.

SWEF Enterprise and Business Fund

A small pilot Fund of £10,000 supporting young people (18 to 30) with start-up grants of £500 or new business grants of up to £2,000. Cffc is working with CMBC, Calderdale College and Newground Together to generate interest in the Scheme. Three grants totalling £2,333 were awarded within the financial year.

Match Funding Activity

At the beginning of the financial year reserves stood at £43,351 with some small fund balances transferred in and grants awarded of £12,912. The balance at the end of the financial year is £34,709.

Small and Hybrid Loans (Soft Loans)

The Foundation continues to award ‘soft loans’ for suitable funding requests. Organisations will be considered for a loan at 0% interest or a part-grant part-loan i.e., a ‘hybrid loan’, where the organisation:

1) has over six month’s reserves,

2) is requesting support for a capital project,

3) is generating an income from its activities, or

4) needs a short-term cash flow injection

Donor Services

The Foundation places considerable importance on the communications it has with its donors and the professional service given to them. The Foundation maintains excellent relationships with donors and communications have been maintained by telephone, through newsletters, the Foundation’s annual review and comprehensive annual donor statements. This has allowed the Foundation to retain a good understanding of our donors’ wishes and ensure that grants are directed to where they are most needed in the community

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COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Executive Committee Report

FINANCIAL REVIEW

Statement of Financial Activities

There was a decrease in total funds of £433,992 during 2024-25 as shown under “Net movement in funds” in the Statement of Financial Activities on page 20. This compares with an increase of £809,908 in 2023-24. Endowment donations were £384,849 higher than 2023-24 and the investment loss on the portfolio in the year was £491,040 (2024: gain £819,523). Investment income was £545,069 (2024: £532,046).

Endowments

Endowment funds received during the year amounted to £389,811 (2024: £4,962).

Donations and Legacies

No donations from individuals were received during the year for unrestricted purposes (2024: £0). Further details of donations and legacies are included in Note 2 to the accounts.

Management Fees

Management fees are charged at a cost-effective rate to deliver flow through programmes within the financial year.

Reserves Policy

In line with Charity Commission guidance, the Executive Committee reviews its level of free reserves on an annual basis taking into account investment income risk, commitment to new strategic fundraising initiatives, future investment required by the organisation and any potential unforeseen or one-off events.

At the end of the year free reserves stood at £255,962 which includes:

ITsystems upgrade 8,000
Unrealised gains on non-endowment investments 40,266
Cover for running costs 125,000
Forecasted budget deficit 2026 50,000
Other reserves 32,696
Total 255,962

Investments

The five-year review of Investment Managers was carried out in March 2023 and CCLA were chosen to replace Rathbone Investment Management.

Over the 12-month period under review the total return was negative (1.83%) for the Investment Fund and negative (1.32%) for the Ethical Investment Fund (after costs and expenses). This compares with a return of 6.45% on the comparator benchmark, 4.19% from the ARC Charity Steady Growth Index (peer group comparison) and 7.36% for CP1+4%.

The Funds are actively managed, and it is common for performance to be either above or below that of the comparator benchmark over any given reporting period. It is also common for there to be both positive and negative contributing factors to these differences. Over the period under review the principal negative contributor was the performance of the Funds’ equity holdings (company shares) relative to the equity market as a whole; an underweight position in US technology stocks, no exposure to US Banks and a meaningful allocation to the Healthcare sector are the principal drivers for the performance in the period.

There were no property acquisitions or sales during the year. In January 2024, the whole property portfolio was externally valued (in line with the Foundation’s policy), and the current financial statements reflect these valuations. Additions to the property portfolio remain under review. The returns on rental income achieved the expected levels.

The Foundation continued to receive the scheduled repayments, together with agreed interest on the social loans held.

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COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Executive Committee Report

Investment Policy

The Foundation’s funds are managed in accordance with the Foundation’s investment policy:

e To recognise the long-term nature of the Foundation’s Investments e To invest funds in accordance with the Foundation’s ethical investment policy.

The Trustees have powers to appoint a Discretionary Fund Manager and to use their wide powers to invest outside the portfolio in cash and property. The performance of the Foundation’s investments is reviewed on a regular basis by the Finance Committee.

REVIEW OF 2024/25

Following a Board Strategy Day in December 2024 and subsequent discussions, a five-year timeline was agreed for the current CEO’s retirement. To maximise his time in the dual role of CEO and Head of Philanthropy, steps were taken to enable a greater focus on donor engagement and fund development. This necessitated the delegation of operational responsibilities to other team members, prompting a full review of staff job descriptions and the recruitment of an HR provider on a retainer. The provider was tasked with overseeing changes, including a full review of the Staff Handbook, staff contracts, and HR policies.

Marketing and Development

To support the Foundation’s ambition to become more donor-focused, the marketing and development team, alongside their committee, streamlined the events programme - reducing the number of events from 21 to just 6. This allowed for greater focus on event planning, delivery, and follow-up.

Two major awards events were successfully delivered during the year, both drawing record numbers of nominations and receiving strong corporate sponsorship support. While the Business for Calderdale Awards have now concluded, the Foundation has decided to revamp the Community Spirit Awards - moving the event from its traditional November slot to mid-April (2026) and relocating it from The Venue in Barkisland to the Victoria Theatre in Halifax. With a capacity of c1,400, this new venue offers an opportunity to broaden engagement with new donors and supporters. A donor engagement measurement tool was also introduced to track individual interactions with professional advisers, donors, businesses, sponsors, and members. This includes a donor pipeline feature designed to demonstrate steady growth in donations, legacy gifts, and new funds as relationships deepen.

Finance

This year saw a change in auditors following Brosnans’ decision to withdraw from auditing charity accounts. After a competitive tender process, Walter Dawson & Son of Elland were appointed as the Foundation’s new auditors.

Global events, particularly the ongoing conflict in Ukraine and unrest in the Middle East, negatively impacted investment markets, as well as Trump’s tariffs in the USA leading to a significant drop in the Foundation’s total endowment value. This in turn affected the investment income available for both grant-making and operational costs. These challenges were compounded by the ongoing difficulty of accurately forecasting the Foundation’s primary income source of investment income and the management fees charged for administering grant programmes.

Despite these pressures, a significant budget deficit at the start of the year was successfully reduced to single figures. This was largely due to the arrival of new or extended grant programmes and the launch of two new funds - SWEF and Quickline QFutures (see page 11).

Grants

During the year, the grants team managed the distribution of grants from seventy five funds and programmes. The Foundation continued to work closely with its family of donors to meet local needs, and in April launched its first Local Insight Summary Report, identifying key priority areas requiring investment. This report will inform the Foundation’s future grant-making strategy.

13

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Executive Committee Report

Several core annual programmes were delivered either directly for CMBC or for Government departments via CMBC- all aimed at improving the quality of life for Calderdale residents. In 2024— 25, several of these programmes had a particular focus on arts and culture, in celebration of Calderdale’s Year of Culture.

Positive outcomes included:

Areas for further development:

FUTURE DEVELOPMENTS

Growing the size of the Foundation’s endowment remains a key strategic priority, while continuing to deliver a professional, high-quality service in the management of donor funds and grant programmes. Progress towards this goal will be supported by a streamlined events programme, the delegation of operational responsibilities from the CEO to the wider team (enabling greater focus on donor and fund development), and a commitment to organisational efficiency through the adoption of new technologies (including new Salesforce CRM) and more effective committee and board meetings.

Governance

The Chair of the Executive Committee and the CEO continue to review the composition of the Executive and supporting committees, recommending new appointments to address any gaps in skills and experience. Looking ahead, two trustees - Alison Haskins and Brenda Hodgson - are due to retire in December 2025. Mark Hemingway and Jo Core appointments are a response to these two trustee retirements, filling the gaps in skills and experience and strengthening the committees.

In line with best practice in governance, the Executive Committee has approved the establishment of a Policy Review Committee (PRC). Membership includes two trustees (including a Finance Trustee) and members of the senior management team. The PRC will be responsible for reviewing existing policies and recommending any necessary amendments to the Board. Terms of Reference and a Remit and Purpose document have been drafted to guide the committee's work.

Public Benefit

The trustees have applied the guidance on public benefit issued by the Charity Commission when planning the charity’s activities and grant making. The trustees are satisfied that the objects and projects undertaken provide public benefit, focusing on providing grants which provide demonstrable community benefits.

14

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Executive Committee Report

Volunteers

The Foundation is indebted to the twenty six volunteers who have given their support and time freely over the past financial year. These included:

Ruth Redfern who continued playing a significant role in developing the Local Insight Reporting; 14 volunteers who helped with various tasks associated with the Foundation’s membership events; Nine volunteers who gave their time with the judging and preparation activities for the Community Spirit Awards.

A young volunteer, Trent Hanson Truong gave his time to work with the marketing department providing social and digital media advice.

Staff also gave their time freely to help at Foundation events such as the Calderdale Community Spirit Awards.

In kind support was also given by Sleigh & Story Accountants, Hawley Energy and VAC for the pro bono use of meeting rooms at various venues.

All voluntary and in-kind contributions are greatly appreciated in helping the Foundation achieve its aims and objectives.

Strategic Representation

The CEO remains a management committee member of Business for Calderdale, a trustee of CALIPSO, FC Halifax Foundation and Newground Together.

The CEO remains a Patron of the Yorkshire and Humber Youth Work Unit, a member of the Calderdale Voluntary Sector Chief Officers Forum and represents the Foundation on the Affordable Warmth Forum and Anti-Poverty Partnership.

Organisationally the Foundation is represented at the Food Poverty Forum, VCS Assembly, the Healthy Holiday Steering Group, Calderdale Homelessness Forum, Rastrick Big Local, Yorkshire Funders and the Year of Culture Executive Board.

The Foundation is also linked with, and receives information from, Staying Well, and the Calderdale Flood Programme Board.

West Yorkshire Lieutenancy

The CEO holds the position of Deputy Lieutenant of West Yorkshire and sits as a Calderdale representative on the West Yorkshire Lieutenancy District Meeting.

9 Clare Road On behalf of the Executive Committee Halifax HX1 2HX Mr Nigel Cliffe 1 December 2025 Chair

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Mr Nigel Cliffe
Chair
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15

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Statement of the Executive Committee responsibilities in respect ofthe preparation ofthe financial statements

The Executive Committee (whose members are the directors of the Community Foundation for Calderdale for the purposes of company law) are responsible for preparing the Executive Committee annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Executive Committee to prepare financial statements for each year which give a true and fair view of the state of affairs of the Foundation and the income and expenditure for that period. In preparing the financial statements, the Executive Committee is required to:

The Executive Committee is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and to enable it to ensure that the financial statements comply with the Companies Act 2006.

It is also responsible for safeguarding the assets of the Charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Executive Committee is responsible for the maintenance and integrity of the corporate and financial information included on the Foundation’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement as to disclosure to our auditors

In so far as each member of the Executive Committee is aware at the time of approving its annual report:

This report and statement have been prepared in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland and following the best practice as laid down in the Statement of Recommended Practice (SORP) applicable to charities (October 2019 version) and the Charities Act 2011.

On behalf of the Executive Committee

1 December 2025

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Mr Nigel Cliffe
Chair
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16

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Independent Auditor ’s Report to the members of Community Foundation for Calderdale

We have audited the financial statements of Community Foundation for Calderdale (“the charitable company”) which comprise the Statement of Financial Activities (including income and Expenditure Account), the Balance Sheet, the Cash Flow Statement and the related notes to the financial statements on pages 20 to 50, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS102: 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) (ISA’s (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with 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 directors with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon. 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.

in connection with our audit of the financial statements, 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 audit or otherwise appears to be materially misstated. if we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. 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 on that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

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

17

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Independent Auditor’s Report to the members of Community Foundation for Calderdale

and

Matters on which we are required to report by exception

in the light of the 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 Trustees’ Annual Report (including strategic report).

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:

Responsibility of the trustees

As explained more fully in the trustees’ responsibilities Statement set out on page 16, the trustees 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 they 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.

Our 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 ISA’s (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 aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

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 extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risk of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

18

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COMMUNITY FOUNDATION FOR CALDERDALE
A charity and company limited by guarantee
Independent Auditor’s Report to the members ofCommunity
Foundation for Calderdale
----- End of picture text -----

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we:

There are inherent limitations in our audit procedures described above. The more removed those laws and regulations are from financial transactions, the less likely it is that we would become aware of noncompliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statementsis located on the Financial Reporting Council’s website at:www.frc.org.uk/auditorsreponsibilities. This description forms part of our auditor’s report.

Users of our report

This report is made solely to the charity company's members, as a body, in accordance with 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's members as a body for our audit work, for this report, or for the opinions we have formed.

First Floor Unit 12 John Richard Hall (Senior Statutory Auditor) Pennine Business Park For and on behalf of Walter Dawson & Son Longbow Close, Bradley Chartered Accountants and Statutory Auditor Huddersfield, HD2 1GQ

19

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Statement offinancial activities (incorporating statutory income & expenditure account) for the year ended 30 June 2025

Note Unrestricted Restricted Endowment 2025 2024
Funds Funds Funds Total Total
£ £ £ £ £
Income
Donations & legacies 2 84,704 1,635,634 389,811 2,110,149 2,412,826
Charitable activities 2 157,664 - - 157,664 216,874
Investments 3 488,966 56,103 - 545,069 532,046
Total income 731,334 1,691,737 389,811 2,812,882 3,161,746
Expenditure
Raising funds 4 228,278 - - 228,278 227,422
Other costs 4 90,215 - - 90,215 76,855
Charitable activities 4 181,768 - - 181,768 182,408
Grants Distributed 5 211,104 2,000,915 - 2,212,019 2,768 467
Total expenditure 711,365 2,000,915 - 2,712,280 3,255,182
Netgainsi{losses) on
investments		 (43,554)
'		 - (491,040)
:		 (534,594)
;		 —«-903,344
,
Net income/(expenditure) (23,585) (309,178) (101,229) (433,992) 809,908
Transfers between funds 27,290 104,064 (131,354) - -
Netmovement in funds 3,705 (205,114) (232,583) (433,992) 809,908
Reconciliation offunds
Totalfunds brought forward 583,744 1,064,293 12,985,799 14,633,836 13,823,928
Totalfundscarriedforward 587,449 859,179 12,753,216 14,199,844 14,633,836

The above activities relate to continuing operations within the United Kingdom. There are no other recognised gains or losses other than stated above.

The notes on pages 25-48 form part of these financial statements.

20

eee COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Balance sheet

as at 30 June 2025

eee

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----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Note|2025|2024| |£|£|£|£| |Fixed|Assets| |Tangible|assets|7|9,696|13,063| |Investments|8|13,851,251|14,357,614| |13,860,947|14,370,677| |Current|Assets| |Debtors|9|137,901|135,518| |Cash|at|bank and|in|hand|309,237|333,249| |447,138|468,767| |Creditors:|falling|due within|one year|10|(108,241)|(205,608)| |Net current assets|338,897|263,159| |Net assets|14,199,844|14,633,836| |The funds|of the|charity:| |Capital|funds:| |Endowment funds|14|12,753,216|12,985,799| |Income|funds:| |Restricted|12|859,179|1,064,293| |Unrestricted|12|587,449|1,446,628|583,744|1,648,037| |Total charity funds|14,199,844|14,633,836|

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The financial statements were approved by the Executive Committee and authorised for issue on 1 December 2025 and signed on its behalf by:

Nigel Cliffe Chair of Executive Committee

Andrew Hawley Chair of Finance Committee

21

I COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Statement ofcash flows, Reconciliation ofnet income to net cash flowfrom operating activities, and Analysis ofcash and cash equivalents

for the year ended 30 June 2025

Statement of cash flows

Statement of cashof cashcash flows 2025 2024
£ £
Cash flows from operating activities:
Netcash used in operating activities (896,727) (518,703)
Cash flows from investing activities:
Dividends, interestand rentsfrom investments
investment management costs
Purchase ofequipment		 545,069
(62,859)
(3,552)		 532,046
(54,848)
(12,331)
Proceeds from the sale of investments - -
Purchase of investments - -
Investment loans issued
Investment loans interest
Investment loan repayments		 -
(6,665)
10,911		 -
(6,832)
10,911
Sale/Purchase of Listed Investments
Netcash (utilised)/provided by investing activities		 -
482,904		 -
468 946
Cash flows from financing activities:
Receipt ofendowment		 389,811 . 4,962
Change incashand cash equivalents intheyear (24,012) (44,795)
Cash and cash equivalents at 1 July 2024 333,249 378,044
Cash and cash equivalents at30June2025 309,237 333,249
Reconciliation of net income to netcash flow
from operating activities 2025 2024
£ £
Net income fortheyear (as perthestatementof
financial activities)		 (433,992) 809,909
Adjustments for:
Depreciation charges
Losses/(gains)on investments
Dividends, interestand rentsfrom investments
investmentmanagement costs
Receipt ofendowment
Decrease/(increase) in debtors
(Decrease)/increase in creditors
Netcash used in operating activities		 6,919
534,594
(545,069)
30,382
(389,811)
(2,383)
(97,367)
(896,727)		 4,725
(903,344)
(532,046)
29,455
(4,962)
(38,460)
(39,101)
(518,703)
Analysis ofcash and cash equivalents
2025 2024
£ £
Cash at bank and in hand 309,237 333,249
Totalcashandcashequivalents 309,237 333,249

22

—$——eee COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Accounting policies a

(a) Basis of preparation of accounts

Community Foundation for Calderdale is a company limited by guarantee and registered with the Charity Commission in England & Wales. The registered address is: 9 Clare Road, Halifax, West Yorkshire, HX1 2HX.

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 (FRS 102), Charities SORP (FRS 102) and the Companies Act 2006.

The financial statements are prepared in Sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

Community Foundation for Calderdale meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. The Executive Committee considers that, in view of the current balance sheet and anticipated future cash flows, the Foundation is a going concern.

(b) Fund accounting

(c) Income

All income is included in the statement of financial activities when the Foundation is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to categories of income:

23

rr COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Accounting policies

(d) Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which is irrecoverable and is reported as part of the expenditure to which it relates:

(e) Fixed assets

Fixed assets (excluding investments) are stated at cost less accumulated depreciation. All computer equipment is capitalised, minor additions below £1,000 are not capitalised. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, which in all cases is estimated at three years.

(f) Taxation

The Foundation, by being a registered charity, is not liable to UK income tax, corporation tax and capital gains tax provided the income it receives is applied for charitable purposes.

(g) Investments

Endowment fund investments are stated at market value at the year end.

Unrealised gains and losses on investments are included within the Statement of Financial Activities and represent the increase or decrease in market value compared with the market value at the beginning of the year and the cost of additions during the year.

Investment properties - land and buildings

Investment properties are measured initially at cost and subsequently at fair value at the reporting date. The SORP does not permit charities using FRS 102 to subsequently measure investment properties at their cost less accumulated depreciation and any accumulated impairment losses. Depreciation is not provided on investment property. Any unrealised gain or loss during the period is transferred to endowment funds.

Valuations of investment properties are carried out on a rolling basis over a five-year period, subject to the possibility of any material movements between individual valuations in which case the property would be revalued. Listed investments are stated at market value at the year end.

(h) Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against income on a straight-line basis over the period of the lease.

24

eee COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to thefinancial statements ee ee

  1. Statement of financial activities for the year ended 30 June 2024 (previous year for comparatives)
Note Unrestricted Unrestricted Restricted Endowment 2024
Funds Funds Funds Total
£ £ £ £
Income
Donations & legacies 2 104,631 2,303,233 4,962 2,382,722
Charitable activities 2 216,874 - - 216,874
Investments 3 483,676 48,370 - 532,046
Total income 805,181 2,351,603 4,962 3,161,746
Expenditure
Raising funds 4 227,422 - - 227,422
Other costs 4 76,885 - - 76,885
Charitable activities 4 182,408 - - 182,408
Grants Distributed 5 263,194 2,505,273 - 2,768,467
Total expenditure 749,909 2,505,273 - 3,255,182
Netgainson investments 83,821 - 819,523 903,344
Net income! (expenditure) 139,093 (153,670) 824,485 809,908
Transfers between funds (136,106) 136,106 . -
Netmovement in funds 2,987 (17,564) 824,485 809,908
Reconciliation offunds:
Total funds brought forward 580,757 1,081,857 412,161,314 13,823,928
Total funds carried forward —S 583,744
1,064,293
ee		 12,985,799 14,633,836

25

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to the financial statements

2. income from donations, legacies and

2. income fromfrom donations, legacies and
charitable activities
2025 2024
£ £
Unrestricted:
Membership
Managementfees		 23,853
157,664		 20,166
216,874
Income foradministration (donations & funding) 59,115 65,965
Grants and donations for redistribution 1,736 18,550
Total Unrestricted Income 242,368 321,505
Restricted:
Grants and donations for redistribution 1,635,634 2,303,233
Total Restricted Income 1,635,634 2,303,233
Endowment Funds:
Donations and legacies 389,811 4,962
Total Endowment Funds Income 389,811 4,962
TotalIncomefromdonations, legacies, and charitable
activities		 2,267,813 2,629,700
Donations received in kind arevalued on a commercial basisand have been included as unrestricted income:
2025 2024
£ £
Brosnans in kind auditfees - 3,240
- 3,240

2.1 Funds from Public bodies

Funds from public bodies were given for distribution to Calderdale charities for grant making purposes. These are shown below with the details provided in note 12 income funds:

Calderdale Metropolitan Borough Council (CMBC) Advice & Tacking Poverty Better Neighbourhoods Calderdale Year of Culture (CYOC24) Climate Emergency Community Small Grants Cost of Living Cultural Grants Half Term Holidays Healthy Holidays Household Support Stronger Neighbourhoods

3. Investmentincome 2025 2024
£ £
Unrestricted:
Income from listed investments 335,829 314,145
Income from cash investments 18,169 32,738
Loan interest received 6,665 6,831
Rental income from property 128,303 129,962 _
TotalUnrestricted 488,966 483,676

26

ST NnnEEEnEeee COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to thefinancial statements a——

2025 2024
£ £
Restricted:
Incomefrom listed investments
Total Restricted		 56,103
56,103		 48,370
48,370
TotalinvestmentIncome 545,069 532,046

Income from listed investments comprises income from investment assets listed on a recognised stock exchange, or similar investments such as unit trusts and common investment funds (Note 8). Income from cash investments is interest received and receivable on deposits and other cash balances held as part of the investment portfolio and for operational purposes.

income from property includes rent from tenants of three properties owned by the Foundation as endowment investments. Two properties are let to charitable organisations and CMBC occupies the third.

4. Allocation of support costs and overheads

Costs that can be recognised as wholly attributable to each of the categories of income are directly allocated. All other costs, including staffing costs, are apportioned on the basis of an estimate of their time that members of staff spend on each income category.

Direct costs of managing the Investment Management Portfolio are deducted from income received.

The breakdown of support costs between generating voluntary income, investment management, charitable activities and governance is shown in the table below:

Unrestricted: Staffrelated
costs
£		 Auditfees Other direct
costs
£		 Apportioned
costs
£		 Total
2025
£		 Total
2024
£
Raising Funds
Investment
management		 127,997
14,109		 -
-		 10,939
12,355		 89,342
3,919		 228,278
30,383		 227,422
29,455
Governance
(Note 5)		 27,899 10,199 13,986 7,748 59,832 47,430
_ OtherCostsTotal
Charitable
Activities		 42,008
10,199
26,341
11,667
90,215
142,256
-
-
39,512
181,768
eet		 76,885
182,408
a
Total 312,261 10,199 37,280 140,521 500,261 486,715
4.1 Analysis ofstaffcosts
2025 2024
Salary related costs: £ £
Salaries 263,637 266,073
Social security costs 27,658 24,283
Pension costs _ 20,966 20,222
312,261 310,578

27

NN COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to the financial statements

No person earned £60,000 or more in the year. No member of the Executive Committee received any remuneration or reimbursement of any expenses.

The Foundation considers its key management personnel during the period to be the CEO, and the Finance, Marketing and Grants Managers. The Foundation carries out a periodic review of salary trends both in the network and voluntary sector to ensure the correct remuneration is considered. The total remuneration including employer’s national insurance and pension costs for this group is as follows:

2025 2024
Total remuneration including employer's national insurance and pension costs 161,745 166,486
Number ofkey personnel 4 4
Number ofkey personnel — FullTime Equivalent 3.2 3.1
Allocation ofstaff by activity
The average number ofemployeeswas 10 (2024: 10)which equated to 8.2 full timeequivalent equivalentemployees
(2024: 8.2). 2025 2024 2025 2024
FTE FTE Number Number
Fundraising and donordevelopment
Grantmaking
Finance and administration		 2.0
4.5
1.7		 2.0
4.4
1.8		 2
5
3		 2
5
3
8.2 8.2 10 10
4.2 Net Income/(expenditure)
Netincome/(expenditure) isstated aftercharging: 2025 2024
£ £
Depreciation
Auditor's remuneration —as auditor		 6,919
10,199		 4,725
6,212
Operating lease costs 20,052 21,211
5. Analysis of Grants Distributed
The Foundation undertakes its charitable activities through grant making and awarded grants to a number
of voluntary and community groups and individuals in the furtherance of its charitable activities.
Total
charitableexpenditure ismade upasfollows: 2025 2024
Grants awarded £ £
Unrestricted funds 211,104 263,194
Restricted funds * 2,000,915 2,505,273
Total grants 2,212,019 © 2,768,467
*Note 12 shows the distribution of restricted grants by fund
5.1 Charitableexpenditure.wasapplied asgrants forthefollowing purpose: No. of Total
awards £
To individuals to alleviate personal need 34 42,236
To institutions and organisations forcommunity projects 337 2,169,783
371 2,212,019

28

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to the financial statements

5.2 Grant applications processed

5.2 Grant applications processed
No. of No. of Total
applications
awards		 £
Restricted funds 390 213 1,596,297
Unrestricted funds 145 107 316,379
535 320 1,912,676
It should be noted that the number of applications is the total received and processed in the financial year,
they may not necessarily all have been awarded and paid in the period covered by the accounts. In addition,
grants may have been paid in the year thatwere processed and awarded in earlieryears.
5.3 Geographical distribution of grants
Total Grants Calderdale
£2,197,019		 Otherareas
£15,000		 Total
£2,212,019

5.4 Grants awarded

A detailed list of grant recipients can be found on pages 42 - 49.

6. Governance costs

6. Governance costs
2025 2024
£ £
Staff related costs 27,899 20,891
Legal and professional fees 11,956 12,795
Auditfees 10,199 6,212
Other costs 7,748 5,697
Insurance costs 2,030 1,835
59,832 47,430
7. Tangible fixed assets
Equipment& fittings 2025 2024
Cost £ £
At start ofyear 23,333 27,947
Additions 3,552 12,331
Disposals - (16,945)
Atend ofyear 26,885 23,333
Depreciation
At start ofyear 10,270 22,491
Eliminated on disposals - (16,945)
Charge forthe year 6,919 4,725
At end ofyear 17,189 10,270
Net book amount
At30 June 2025 & 30 June 2024 9,696 13,063
8. Investments 2025 2024
£ £
Listed investments 12,183,181 12,685,298
Investment properties 1,285,000 1,285,000
Concessionary loans and cash balances 383,070 387,316
Total Investments 13,851,251 14,357,614
29

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to the financial statements

2025 2024
£ £
Listed Investments
Market Value at 1 July 2024 12,685,298 11,634,561
Additions 389,811 4,962
Disposals (375,653) -
Re-invested interest income 14,073 16,352
Funds Received from Loan Repayments 4,246 4,079
Investment (losses)/gains net offees (534,594) 4,025,344
Investment management costs : .
:
MarketValue at 30June 2025 12,183,181 12,685,298
Investment Properties
Market value at 1 July 2024 1,285,000 1,407,000
investment losses (property revaluation) - (122,000)
MarketValue at 30 June 2025 1,285,000 1,285,000
Concessionary Loans
Market value at 1 July 2024 387,316 391,396
New loans granted : -
Interest received 6,665 6,832
Repayments (10,911) (10,912)
MarketValueat30June2025 383,070 387,316

Disposals in the year included unallocated cash invested drawn down for grant giving as well as cash invested with CCLA drawn down for grant giving as programmes are delivered.

Investment properties

The Foundation’s properties were valued professionally in January 2024 as part of a five yearly review and the values were reduced by £122,000.

2025 2024
£ £
Listedinvestments comprise:
CCLA Charities Ethical Investment Fund 9,221,378 9,208,045
CCLA CharitiesCommon Investment Funds (COIF) 1,863,770 1,975,438
Cash and other investments (CCLA) 1,098,033 1,501,815
12,183,181 12,685,298

investment assets held for the long term, principally endowment investment assets, and those to be held for over 12 months are disclosed as Fixed Asset Investments.

Investments are all managed by CCLA Investment Management Limited (CCLA) and form part of a significantly larger portfolio of approx. £3 billion. Fees are charged internally to the Fund. The full cost of Management fees and ongoing charges is 0.86% (COIF) and 0.85% (Ethical). At the current time, CCLA are being acquired by Jupiter Investment Management Group Ltd.

The Asset allocation of the Ethical investment fund is 69.3% equities, 13.0% fixed interest, 5.6% infrastructure, 5.0% property with the remaining balance a mix of private equity, cash and other.

Concessionary loans

An interest free secured loan of £200,000 was made in October 2003 to the Actors’ Workshop Youth Theatre (AWYT) from the proceeds of the sale of the former AWYT premises (owned by the Foundation on the terms of the United Biscuits/McVities Calderdale Trust) to enable AWYT to purchase and develop new premises. The current premises are now held by AWYT on trust for the Foundation as ultimate beneficiary and for itself, in

30

COMMUNITY FOUNDATION FOR CALDERDALE

A charity and company limited by guarantee

Notes to thefinancial statements

accordance with the original wishes of the United Biscuits/McVities Calderdale Trust. The loan is secured by a first legal charge on the building. The building was professionally valued in September 2013 at £275,000 and in January 2024 at £375,000.

Loan facilities have been made to the WomenCentre Calderdale & Kirklees, as funding for their Housing Project. Loans drawn down were secured on three properties in their portfolio. One drawdown was made totalling £82,000 in February 2020 secured on two properties anda final instalment of £65,000 on one property in May 2021.

A loan of £50,000 in March 2021 was secured ona property to Calder Valley Community Land Trust repayable up to 20 years on commercial terms.

9. Debtors 2025 2024
£ £
Other debtors, prepayments and accrued
income 137,901 135,518
10. Creditors: amounts falling duewithin oneyear 2025 2024
£ £
Trade creditors 4,424 22,952
HM Revenue &Customs 8,074 26,056
Grants payable 8,555 38,537
Accruals 32,397 43,420
Deferred income:
Management fees 39,791 59,643
Rent received in advance 15,000 15,000
108,241 205,608

31

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to thefinancial statements

11. Permanent endowmentfunds
At start ofyear Income& Adjustment for At end ofyear
Transfers gains/(losses)
£ £ £ £
Bill &Val Rooney Fund 472,844 - (16,666) 456,177
Calderdale College Education 304,917 _ (9,432) 295,485
General Fund 1,035,640 - (36,503) 999,137
Grassroots Grants Endowment
Funds (see below) 1,391,456 378,886 (48,945) 1,721,397
HalifaxCourier Fund 299,005 - (10,539) 288,466
HalifaxOld Folks Holiday Fund 214,259 - (7.552) 206,707
Halifax Tradesmen’s Benevolent
Institution Fund 462,328 - (16,296) 446,032
Kathleen Mary Denham Fund 3,974,370 7,338 (140,083) 3,841,625
Kingscliffe Fund 143,609 - (5,062) 138,547
Lee Crossley Welfare Fund 135,282 - (4.768) 130,514
Martin Olive (incTodmorden) Fund 154,398 - (5,442) 148,956
Noel John Greenwood Halifax
Children’s Fund		 438,145 - (15,443) 422,702
Oates Fund 31,441 - (1,108) 30,333
Pliny Barrett Fund 44,010 125 (1,564) 42,571
The Gartland Family Trust Fund 1,153,360 - (40,652) 1,112,708
Anonymous Endowment 84,149 10,800 (2,966) 91,983
United Biscuits/McVities
CalderdaleTrust		 200,000 . ° 200,000
WernerTownley Fund 289,462 - (10,203) 279,259
Total return endowments:
Community First Endowment
Funds (see below)		 1,247,653 (138,692) (76,352) 1,032,609 —
Halifax Law Society Fund 134,764 - (6,144) 128,620
Lewis Booth Fund 460,297 - (20,985) 439,312
Moore Wright Fund 299,017 - (13,632) 285,385
Soyland Charities 15,393 - (702) 14,691
12,985,799 258,457 (491,040) 12,753,216
Represented by:
Endowmentfundinvestments		 12,753,216

Permanent endowment funds are held on trust for the purpose of delivering the Foundation’s charitable objectives, apart from the Halifax Old Folks Holiday Fund (HOFHF) which is held on trust to deliver the purposes of the HOFHF.

Endowment additions were £389,811 during the financial year ending 30 June 2025.

Endowment funds listed below have been created during two Government match funded endowment development programmes, the Grassroots Endowment Match Challenge which ended on 31 March 2011 and the Community First Endowment Match Challenge which ended on 31 March 2015.

32

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to thefinancial statements

The value of the endowment funds of the Foundation has decreased by cumulative net unrealised loss on endowment fund investments, which amounted to £491,040 as at 30 June 2025 (2024: £819,523 increase).

During the year some unallocated returns income was drawn down from Community First Endowments to support grant giving in the new financial year.

Grassroots Grants Endowment Funds

==> picture [488 x 465] intentionally omitted <==

----- Start of picture text -----
|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |£|£| |At|start|of year|1,391,456|Represented|by:| |Donations|in|year|378,886|Action|Halifax|80,599| |C|Greenwood|Fund|746,267| |Investment|management costs|-|Calderdale|Community|Fund|178,060| |Calderdale|Fund|136,579| |Calderdale|Pledge|Fund|73,502| |Cragg|Vale|&|Hebden|Royd|Fund|73,909| |Adjustment|for|investment gains|(48,945)|||Harveys|Fund|103,594| |Kerbside|Fund|55,724| |Mayoral|Fund|6,288| |Megan’s|Fund|13,413| |Stephen|Pearson|Memorial|Fund|54,017| |The|Russell|Fund|183,677| |Yorkshire|Post|Fund|15,768| |}| |At end|of year|1,721,397|Total|1,721,397| |Community|First|Endowment|Funds| |£|E| |At|start of year|1,247,653|Represented|by:| |Donations/Transfers|(138,692)|Crossley|Fund|128,167| |Calderdale|College|Education|Fund|259,629| |Investment|Management Costs|-|Calderdale|Fund|43,601| |Calderdale|Pledge|22,285| |Harveys|Fund|45,006| |Adjustments|for|investment|gains|(76,352)|||John|Wilson|Memorial|Fund|for|Elland|196,736| |Kerbside|&|Pennine|Pack|Fund|13,585| |Pliny|Barrett|Fund|1,582| |Stephen|Pearson|Memorial|Fund|8,450| |The|Russell|Fund|313,568| |At|end|of year|1,032,609|Total|1,032,609|

----- End of picture text -----

33

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to the financial statements

Total return endowments

Included on the previous page are total return endowments which comprise the Community First group of endowments and others which are endowed to the Foundation ona total return basis. The table below summarises the accounting disclosures required for these endowments.

Unapplied 2025 2024
Endowment Tota! Return £ £
At start ofyear
Giftcomponent ofthe permanentendowment 1,491,271 - 1,491,271 1,491,271
Unapplied total return - 665,852 665,852 505,738
Valuation atstartofyear 1,491,271 665,852 2,157,123 1,997,009
Movements in the year:
Gift ofendowment funds - - - -
Investment return: dividends and interest - 79,143 79,143 56,144
Investment return: realised and unrealised gains - 256,507 256,507 160,114
Less: Investment management costs - - - -
Total - 177,354 177,354 216,258
Unapplied total return allocated to income in the
year		 - (79,143) (79,143) (56,144)
Net movements in the year - 256,507 256,507 160,114
As at 30 June 2025
Giftcomponent ofthe permanentendowment 4,491,271 - 1,491,271 1,491,271
Unapplied total return - 409,346 409,346 665,852
Valuationasat30June2025 1,491,271 409,345 1,900,616 2,157,123

The dividend and interest yield of £79,143 received during the year from the associated endowment investments was allocated during the year to income for grant making and the contribution to the Foundation. The unapplied total return at 30 June 2025 amounted to £409,345 (2024: £665,852). Of this sum, £820,759 (2024: £868, 852) is the amount required to raise the value of the original donations to their current equivalent value, based on annual incrementation using RPI indexation. There is no value available for distribution as original investments at RPI indexation value is higher than the market value of investments. The trustees are conscious of volatility and uncertainty in investment markets and take a measured approach to releasing funds for grant making in order to avoid over distribution which, in the event of erosion of capital values, would inhibit future grant making. Realised gains in the year utilised for additional Grant making was £144,837.

34

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to the financial statements

12. Income funds

12. Income fundsfunds
At start of At end of
year Income Expenditure Transfers year
Restricted: £ £ £ £ £
Flow-through Restricted:
#i Will
Calderdale Year ofCulture 2024 (CYOC24)		 4,905
5,000		 -
122,405		 -
(122,405)		 (4,905)
-		 -
5,000
Climate Emergency 1,529 3,809 (1,979) - 3,359
CMBC Advice and Tackling Poverty 35,425 70,000 (69,574) - 35,851
CMBC Better Neighbourhoods
(Community Grants forClimate Action)		 ° 12,650 (12,150) (600) .
CMBC Community Small Grants - - 3,000 (3,000) -
CMBC Cultural Grants - 73,000 (74,500) 9,500 8,000
CMBC Stronger Neighbourhoods 46,620 90,000 (88,033) - 48,587
Communities in Crisis UKCF
Community CPR		 152
20,149		 -
4,215		 (152)
(13,240)		 -
-		 -
11,124
Cost ofLiving 37,151 - (41,151) 4,000 -
Criminal Justice Fund - 26,850 (26,850) - -
Earnshaw Pilot Loan 1,813 - (1,800) - 13
FloodSave 2020 130,000 - - (10,000) 120,000
Foundation Membership reserves 11,713 - - (5,860) §,853
Themed Fund 1 — Housing & Homelessness 5,887 100 (9,967) 5,513 1,533
Themed Fund 2— Poverty & Disadvantage 2,797 100 (8,911) 6,588 574
Themed Fund 3— Community Cohesion 2,846 100 (8,105) 5,598 439
Themed Fund 4 - Mental Health 506 103 (5,258) 4,953 304
Themed Fund 5— Climate Emergency 827 100 (3,411) 7,061 4,577
C Greenwood (Flood Fund 2015) 27,201 - - - 27,201
HalfTerm Holidays
Healthy Holidays		 15,066
100,545		 46,001
595,989		 (85,630)
(675,852)		 35,315
(6,000)		 10,752
14,682
Household Support - 163,000 (163,000) - -
Joan Eastwood Legacy Fund 14,282 - (14,282) - -
Kevin O’Shea Fund - 6,441 - - 6,441
Mixenden Area 224 - (224) - -
Never Hungry Again
OliverSmithies		 1,378
52,444		 712
-		 (2,075)
(15,000)		 -
-		 15
37,444
Ovenden MoorWindfarm 9,611 62,105 (71,644) - 72
PCP Pennine Community Power - 4,500 (1,500) 3,000
Pennine Riding Club - 16,750 - - 16,750
Quickline QFutures Community Fund - 21,250 (21,250) - -
Rastrick Big Local
Support & Integration2024/2025
SWEF		 146,613
2,886
-		 181,058
52,994
10,000		 (286,289)
(53,380)
(2,333)		 -
-
-		 41,383
2,500
7,667
The Make a Difference Fund
The North Halifax Social Activities Fund		 18,792
56,356		 35,000
-		 (32,559)
(26,999)		 (4,000)
(4,000)		 17,233
25,357
The Tod Connect Fund - 6,460 - - 6,460
Todmorden Community Wind Farm - 29,640 (29,640) - -
Watermark 2021 225,831 300 - 20,000 246,131
Youth Bank Halifax 2,700 - - 2,700
YouthBankTodmorden 839 - - - 839

35

COMMUNITY FOUNDATION FOR CALDERDALE

A charity and company limited by guarantee Notes to the financial statements

Continued: At Start of
Year		 Income .
Expenditure		 Transfers At End of
Year
£ £ £ £ £
Restricted Endowment income funds:
Calderdale College Education 35,044 21,773 (5,500) 50,800 102,117
Halifax Old Folks Holiday 4,122 3,877 (3,803) - 4,196
HalifaxTradesmen’s Benevolent Institution 16,303 8,365 (9,700) - 14,970
Anonymous Endowment 3,345 1,522 - (3,345) 1,523
Lee Crossley Welfare 3,018 2,448 (1,150) - 4,316
Lewis Booth 8,605 9,067 (7,855) - 9,817
Noel John Greenwood 9,259 7,928 (4,260) (5,000) 7,927
Stephen Pearson Memorial 2,507 1,123 (2,508) 1,345 2,468
1,064,293 1,691,737 (2,000,915) 104,064 859,179
Income is stated above net ofthe Foundation’s agreed management fees. All ofthe Restricted Income funds
are to be spent on future grant making.
12. Income funds (cont.)
At start
ofyear		 Income Expenditure Transfers Atend
ofyear
Unrestricted: £ £ £ £ £
Designated Fund (The Individual Fund) 786 - (786) - -
Grants (FlowThrough - General) 4,224 580 (4,834) 3,000 2,970
Grants (Endowment Funds) 239,789 188,711 (192,572) 57,880 293,808
Free Reserves 295,594 498,489 (500,261) (37,860) 255,962
Match Funding Designated Fund 43,351 - (12,912) 4,270 34,709
583,744 687,780 (711,365) 27,290 587,449
Income and donations are received both for general charitable purposes and also for specific purposes.
Transfers include funds from unrestricted funds to increase the amounts available in restricted funds and
for use as match funds to attract new donations to increase overall grant making.
13.Analysis of net assets 30 June 2025 ~
Unrestricted Restricted Endowment Totalfunds
funds funds funds
£ £ £ £
Tangible fixed assets 9,696 - - 9,696
Investments 462,229 635,806 12,753,216 13,851,251
Current assets 215,210 231,928 - 447,138
Creditors (99,686) (8,555) - (108,241)
587,449 859,179 12,753,216 14,199,844
13. Analysis of netassets 30 June 2024
Unrestricted Restricted Endowment Totalfunds
funds funds funds
£ £ £ £
Tangible fixed assets 13,063 - - 13,063
Investments 518,922 852,893 12,985,799 14,357,614
Current assets 218,830 249,937 - 468,767
Creditors (167,071) (38,537) - (205,608)
583,744 4,064,293 12,985,799 14,633,836

36

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to thefinancial statements

14. Description of Restricted (Flow-through) Funds

#iWill Fund (Youth Social Action)

Youth Social Action is a UK Government and Big Lottery fund initiative, boosted by funds from Comic Relief, the Pears Foundation and UK Community Foundations to help reach young people up to 20 years of age (25 with a disability) to encourage campaigning, volunteering, and fundraising.

Calderdale Year of Culture 2024

To celebrate Calderdale's 50 anniversary a year-long programme of creativity and activity was launched on 13" April 2024 and as part of the celebrations the Foundation were invited to manage the Calderdale Year of Culture Fund 2024 (CYOC24) and will continue into 2026 with £122,405 of grants given in the year.

Climate Emergency

A partnership with CMBC to support local environmental projects across three priorities - buildings, transport, and education. CMBC and the Foundation are working together long-term to raise the awareness of the climate emergency and raise funds for the distribution of grants and loans to support capital and revenue projects in Calderdale.

CMBC Advice and Tackling Poverty

This CMBC Fund is designed to overcome barriers faced by vulnerable people accessing advice and information services i.e. people with health issues, people leading chaotic lives and people facing language barriers.

CMBC Better Neighbourhoods (Community Grants for Climate Action)

West Yorkshire Combined Authority (WYCA) provided the funding for the Foundation to award community grants for climate to contribute to the progress against West Yorkshire’s 2038 net zero carbon target. £500 was transferred to the Fund from the Foundation’s Designated Match Fund.

CMBC Community Small Grants

CMBC passed on funding to the Foundation to manage a small grants scheme to support local charities and voluntary and community organisations with grants up to £3,000.

CMBC Cultural Grants A three-year programme to deliver cultural grants within the borough. £9,500 was transferred in from Foundation funds.

CMBC Stronger Neighbourhoods

The aim of this Fund is to support constituted voluntary organisations around CMBC’s priorities of thriving Towns and Places, Reducing Inequalities and Climate Action.

Community CPR

The Community CPR Fund was set up by Deputy Lieutenant of West Yorkshire Neil Davidson, following his cardiac arrest, to support the installation of defibrillators and associated training across Calderdale.

Cost of Living

A CMBC and West Yorkshire Mayor joint funded initiative to support the most vulnerable and disadvantaged Calderdale families during the cost-of-living crisis. £4,000 was transferred in from the Foundation’s Endowment Income Funds.

Criminal Justice Fund A donation of £26,850 from the Crucible Foundation to deliver grant making to support people who are or have been involved with the criminal justice system to move on and make changes in their lives.

Earnshaw Pilot Fund

This Fund is a special initiative established by former trustee Russell Earnshaw to create a small interest-free loan fund to provide local organisations with repayable loans as an alternative to grants.

FloodSave 2020 The FloodSave Scheme is a practical response to local flooding providing small businesses and new 37

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to the financial statements

build householders with a savings scheme in partnership with Calderdale Credit Union that in the event of further significant floods, Flood Savers could withdraw their savings and claim match funding up to £10,000. Following a drop in savers, £10,000 has been moved to the Watermark Fund 2021.

Foundation Membership (Reserves) Fund and Themed Funds

Established originally from £33,000 of free reserves to use for match funding purposes to support organisations and projects tackling the five priorities, the balance at the start of the year was £11,713. £5,860 was matched and moved to the five priorities. (see note 12 page 35) The closing value is £5,853. Grants given out in the year were £35,653 from the five themes.

C Greenwood (Flood Fund 2015)

This Fund was established with a private donation of £100,000 following the 2015 Boxing Day flood. The donation attracted Government match funding with 50% of the £200,000 ringfenced for flood repair works in Hebden Bridge.

Half Term Holidays

This programme was set up to compliment the main Healthy Holidays scheme and is jointly funded through CMBC and the Foundation. Its aim is to support children in receipt of free school meals during school half terms with healthy activities provision and healthy meals. The Foundation provided a £29,315 match.

Healthy Holidays

A programme supporting children and young people who are on free school meals during the school holidays, and for them to access free holiday club places as part of the Healthy Holidays Calderdale programme.

The funding programme was provided as part of the Government's Holiday Activities and Food (HAF) programme. The free places are funded by the Department for Education (DfE) providing enjoyable activities and nutritious meals for primary and secondary school-aged children who are eligible for benefit-related free school meals.

Household Support

Department for Work and Pensions (DWP) funding was awarded to the Foundation via CMBC to support people in hardship through the Winter with food needs and energy bills (including water) and the associated wider essentials e.g., sanitary products, warm clothing, boiler repair and general bills support.

Joan Eastwood Legacy Fund

A legacy for the benefit of Brighouse and district voluntary and community organisations.

Kevin O’Shea Fund

This legacy fund is to support people experiencing long-term unemployment. It aims to break the cycle of unemployment and welfare dependency by helping those in greatest need to build confidence, increase motivation, and develop the skills and qualifications that employers value. The fund’s purpose is to create opportunities that enable individuals to move into sustainable employment and brighter futures.

Mixenden Area

This Fund was created with the residual assets of the former Mixenden Parents Resource Centre.

Never Hungry Again

The Foundation launched this Localgiving Campaign in response to the growing problem with school holiday hunger. The Foundation secured private donations and funding from the Department for Work and Pensions (DWP) via CMBC.

Oliver Smithies

The widow and family of the late Nobel Prize winner Oliver Smithies established this fund with the Foundation to support science related projects.

Ovenden Moor Wind Farm

The Ovenden Moor Wind Farm Fund benefits voluntary and community organisations operating within

38

eee COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to thefinancial statements aett a 7.5km radius of the site. Decisions on awards are made by an independent panel made up of interested volunteers from the areas of benefit.

PCP — Pennine Community Power Applications to this single turbine community fund supports applications that are looking at the development of renewable energy, tackling aspects of climate change and environmental and sustainability projects.

Pennine Riding Club

A former riding club in Todmorden forwarded the proceeds of the sale of land to the Foundation to support Todmorden charities and community activity.

Quickline Qfutures Community Fund The fund aims to address digital barriers to employment in marginalised communities in the areas of Elland, Clifton, Hebden Bridge, Ripponden and Sowerby Bridge and within a 3-mile radius.

Rastrick Big Local

The Foundation is the Locally Trusted Organisation for the Rastrick Big Local Partnership, and administers and accounts for the distribution of the partnership funding on an annual basis. Over the ten-year life of the project the Foundation will account for £1m in funding.

Support and Integration 2024/25

This Fund is a partnership fund between the Foundation and CMBC to award grants to local organisations to create a welcoming Calderdale for Ukrainian refugees.

SWEF

SWEF Business Grants are available to young people struggling to invest in their business ventures and/or are keen to take their business to the next level. Eligible businesses can apply for a 12-month grant of between £500 and £2,000.

The Make a Difference Fund

Established by private donors who wish to support organisations across three priority themes — housing/homelessness, community cohesion and climate emergency.

The North Halifax Social Activities Fund

A significant Fund supporting sporting and social activities organisations predominantly in the Illingworth and Ovenden areas of North Halifax.

The Tod Connect Fund

Former business networking and support organisation, Tod Connect, donated £6,460 to the Foundation to establish The Tod Connect Fund. This fund will support projects in Todmorden that strengthen the local economy and create a lasting positive legacy for Tod Connect.

Todmorden Community Wind Farm

The Foundation is working with the Foresight Group to provide over £25,000 of funding annuaily for projects that benefit the communities of Todmorden over a 20-year period.

Watermark Fund 2021

The Foundation kick started the Watermark Fund with donations that arrived after the match fund claim was made to the Department of Community Local Government in February 2016. The Fund has been regularly added to through contributions made mainly by businesses selling products and/or services. Flood Fund residual balances have been transferred in here from 2015 and 2020. £10,000 was transferred from Floodsave in the Financial year.

Youth Bank Halifax

A Fund established to provide a hands-on opportunity for members of the Calderdale Youth Council to promote and award grants to projects in Calderdale. The Panel is being supported by the Foundation’s Grants Team through all stages of the grant making process.

39

I COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to the financial statements

Youth Bank Todmorden A Fund established to provide a hands-on opportunity for members of the Todmorden High School Council to promote and award grants to Todmorden projects. The Panel is being supported by the Foundation’s Grants Team through all stages of the grant making process.

14. Description of Restricted (Endowment) Funds

Calderdale College Education Fund The Fund provides financial support to individual students and groups of students on an educational theme with grants up to £20,000.

Halifax Old Folks Holiday Working in partnership with external agencies, the Foundation distributes small grants of up to £500 annually to older people in Calderdale who would not otherwise be able to afford a short holiday.

Halifax Tradesmen’s Benevolent Institution The assets were transferred to the Foundation for them to continue supporting Halifax trades people and employees who have fallen on difficult times with quarterly pension payments.

Lee Crossley Welfare The Lee Crossley Welfare Fund provides awards towards graveyard improvements in Calderdale.

Lewis Booth A legacy from the estate of Nellie Booth to be held as an endowed fund named after Nellie’s brother Lewis Booth. The Foundation have been given the responsibility of maintaining four family gravestones and to distribute the remaining annual income to the Halifax Society for the Blind and the MS Society.

Noel John Greenwood Awards up to £150 per student with some group applicants. The Fund makes grants benefitting children and young people up to the age of 18, facing deprivation in accessing education. Beneficiaries will be living, studying, or working in the constituency of Halifax. £5,000 was transferred to the Half Term healthy holidays fund.

Stephen Pearson Memorial Grants from this Fund aim to support groups in the most disadvantaged areas of Calderdale, especially parts of Warley ward.

  1. Pension obligations

The Foundation operated a defined contribution pension scheme through the Royal London Mutual Insurance Society Limited (Royal London). Staff are automatically enrolled into the Royal London Scheme subject to the rules of the scheme. It is presently non-contributory for staff although staff may make personal contributions should they wish. The assets of the plans are held separately from the assets of the Foundation. The pension charge for the year was £20,966 (2024: £20,222). There were no contributions due to Royal London at the year-end (2024: £1,846).

46. Commitments under operating leases

At 30 June 2025 the Foundation had aggregate At 30 June 2025 the Foundation had aggregate commitments under non-cancellable operating leases as
follows: 2025 2024
Property Rent Expiry date
Within 1 year
in 2-5years		 £
18,804
56,412		 £
18,804
75,216
Officeequipment Within 1 year
In2-5years		 1,248
4,872		 1,248
3,744

40

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to thefinancial statements

17. Company Limited by Guarantee

The Foundation does not have a share capital being a company limited by guarantee. An individual member's liability is limited to a maximum of £1.

18. Related party transactions

The following table shows transactions where charitable grants were disbursed during the year and there was a relationship between members of the Executive Committee of the Foundation and the beneficiary organisation.

==> picture [459 x 509] intentionally omitted <==

----- Start of picture text -----
|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Beneficiary|RelatedFoundationparty|in|||PositionFoundationin|||PositionBeneficiaryin|| disbursedGrants|Charitable|Fund| |organisation|||in|year| |Citizens Advice|Dr Roger Moore|||Trustee|Vice|Chair of|£3,000|||Support &|Integration|Fund| |Calderdale|Trustees| |£2,368|||Household|Support| |£17,916|||CMBC Advice & Tackling| |Poverty|Fund| |Calipso ClO|||Ms Alison|Trustee|||Trustee|-|-| |Halifax|||Haskins|CEO|£1,000|||Household|Support| |Opportunities|£8,000|| Themed|Fund 3|~- Community| |Trust|Cohesion| |Enterprises| |Ltd||| |HalifaxOpportunities|||Mr Neil Wright|||Trustee|||Trustee|£1,000|| Household__|Support| |Trust|£8,000|||ThemedCohesion Fund 3 — Community| |Enterprises| |Ltd| |Halifax|Mr|Sabir|Trustee|||Trustee|£1,000|| Household|Support| |Opportunities|| Hussain|£8,000|| Themed|Fund|3 — Community| |’|Trust|Cohesion| |Enterprises| |TogetherLid|MrDuncan Steve|||||CEO|||Trustee|l|£35,000£65,963 || HouseholdCost of LivingSupport Fund| |Nest|Helping|the|| Mrs Jo Core|Trustee|Director|£2,775|| Joan|Eastwood|Fund| |Homeless|£2,500|| Themed|Fund|1|— Housing &| |||Homelessness| |Overgate|Mr|Richard|Trustee|Voluntary|£2,500|||Household|Support| |Hospice|(Capital|||Blackburn|member|£7,956|| Ovenden Wind| |Appeal|Board)|||£5,000|| Support &|Integration| |||£1,650 ||Cffc Funds| |St Augustine's|Mr Simon|||Treasurer|Treasurer|£4,875|||Calderdale Year|of Culture| |Centre|Bottomley|£18,050|| Advice & Tackling|Poverty| |£13,609|||Stronger Neighbourhoods| |£10,763|||Healthy|Holidays| |£5,312|||Quickline| |£4,050|||Support &|Integration| |||£2,750|||Theme Fund 2 — Poverty and| |£250|_|disadvantaged| || Themed|Fund 3 — Community| |||Cohesion| |MS Society|||Trustee|Trustee|||£3,927£9,500 || CffcCfic funds funds|

----- End of picture text -----

41

COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to the financial statements

19. Organisations awarded grants or loans during the year

The list includes grants and loans awarded less any amounts returned during the year against those grants. it does not include monies returned relating to earlier years and the totals may therefore differ from the amounts recorded in the accounts.

Grants from Foundation Funds £
51% Pellon Scouts 1,360
Age Concern Todmorden 3,000
Aphasia Support 5,000
Boothtown Terriers 1,729
BradfordVCS Alliance Ltd 2,500
Bringing us TogetherCIC 3,883
Brooksbank Educational Charity 200
Calderdale College 5,500
Calderdale MS Group 3,927
CREW Heart Support Group 2,000
Dodnaze Community Association 2,000
Edshift CIC 4,281
Empowered People 1,000
Everybody Arts 2,000
FC Halifax Town Foundation 550
Focus4Hope 8,928
ForgetMe Not Children’s Hospice 8,000
Foundry Street Community Centre 4,420
Friends of Bailiff Bridge Memorial Park and Residents Group 2,500
Friends ofWellholme Park 1,393
Great GetTogether atCrowWood Park 1,500
Gwennie’s Getaways 1,222
Halifax Harriers Athletics Club 385
Halifax Minster 10,000
Halifax Society for the Blind 3,927
Halifax Tradesmen’s Benevolent Inst Fund 9,700
Handmade Productions CIC 3,000
Happy Days Ministries UK 15,500
Hebden Bridge Walking Football Club 479
Highbury School 1,300
Hope through Music 900
Individuals 4,627
Invictus Wellbeing Foundation ClO 2,500
Jo's Hope for All 2,000
Kings Cross Park RLFC 2,400
Leeds Beckett University (scholarships) 5,000
Lions Club of Huddersfield ClO 960
LitterfreeSB 400
Magpies 1,000
Mizkast 2,500
Mothershare 6,000
Nature Queers (Live Wild CIC) 2,000
Noah’s Ark Centre 1,000
Our Place 2,100
Overgate Hospice 1,650
Panache IOP Fundraising 400
Parents and Friends of Heptonstail School 1,000
42

COMMUNITY FOUNDATIONee FOR CALDERDALE A charity and company limited by guarantee Notes to thefinancial statements

ee FOR CALDERDALE
COMMUNITY FOUNDATIONee FOR CALDERDALEFOUNDATIONee FOR CALDERDALEFOR CALDERDALECALDERDALE
A charitycharity and companycompany limited byby guarantee
Notestothefinancial statementsfinancial statements		 ee FOR CALDERDALE
COMMUNITY FOUNDATIONee FOR CALDERDALEFOUNDATIONee FOR CALDERDALEFOR CALDERDALECALDERDALE
A charitycharity and companycompany limited byby guarantee
Notestothefinancial statementsfinancial statements
Notes to thefinancial statementsfinancial statements
i
eeseses—“(<#$#[F’’'CNNN"N
PhoenixFM
PODCalderValley Shared Transport Limited
ProperJobTheatre Company
Read Easy Kirklees& Calderdale
ROKTFoundation
Ryburn Men in Sheds		 2,500
5,000
2,100
4,160
5,000
942
SanctusAcademyAmateur Boxing ClubCIC
Sanskriti Halifax Indian Society		 3,000
500
Shared Harmonies
Singing Mama’sCIC
Sowerby Bridge Together
Spotlight Faith Group		 5,000
1,602
2,121
589
StAugustine’s Centre
Star Boxing HalifaxCIC		 9,500
760
SWAP SafeWeicomeAfter Prison
The Blackley Centre
The Friends of Lister Lane Cemetery
The HalifaxAcademy
TheHomeless PastorCIC		 2,500
11,500
1,150
2,500
989
Tod Kindness CrewCIC
Todmorden Food Drop In		 106
660
Tuesday 2 O’ClockClub
Turquoise ArtsCIC
Unmasked Mental Health
WomenCentre Ltd		 2,000
1,446
8,370
5,500
Calderdale Year ofCulture 2024
Askthe Question
Calderbrick Ltd t/a Bricktopia
Calderdale College
Calderdale Community Coaching Trust
Calderdale Friends ofDorothy
Clifton VillageCommunity Association
Discover Halifax
Elland SilverBand
Eye ofNewt
Friends ofthe Stray
Friends ofTodmorden Town Hall
Greetland Wellness Hub CIC
Halifax Minster
Hebden Bridge Little Theatre
Heptonstall Festival Community InterestCompany
IMT ForeverCIC
Individuals
Lee Mount Healthcare Ltd
LeedsGATE
Live Wild CIC
MountZion Methodist Heritage Chapel
Music forthe Many
Northern Rascals CIC
Revival Dance Company
Shared Harmonies CIC
StAugustine’s Centre
The Global Majority Collective
The Homeless Pastors CIC
Todmorden Amateur Operaticand Dramatic Society
Turquoise ArtsCIC
VerdDeGrisArts		 4,570
750
4,000
4,335
1,230
1,500
4,000
4,000
2,500
1,170
2,500
2,500
3,000
300
1,126
1,191
30,730
5,000
5,000
2,500
900
2,500
4,800
4,580
4,908
4,875
5,000
2,400
1,000
2,500
4,540

43

eee COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to the financial statements

Woodcraft Folk and Jimmy Dolan Art

eee
COMMUNITY FOUNDATION FOR CALDERDALEFOUNDATION FOR CALDERDALEFOR CALDERDALECALDERDALE
charity and company limited byby guarantee
Notes to thefinancial statements
Woodcraft Folk and Jimmy Dolan Art 2,500
Climate Emergency Fund
RastrickTennis Club
Todmorden Unitarian Church		 1,479
500
CMBC Advice & Tackling Poverty
Calderdale Citizens Advice Bureau
Disability Support Calderdale
Healthy Minds
Noah’s ArkCentre
StAugustine’s Centre		 17,916
6,804
6,804
20,000
18,050
CMBC BetterNeighbourhoods (Community Grants forClimate Action)
The HalifaxAcademy		 12,150
CMBC Cultural Grants
Curious Motion CIC
Everybody Arts
Happy Valley Pride
Music forthe Many
Phoenix FM
TheArts Charity atDean Clough (ACDC)
Todmorden AmateurOperaticand Dramatic Society		 13,500
12,000
13,500
7,500
10,000
10,500
7,500
CMBC Stronger Neighbourhoods
Colt Enterprise (Calderdale Ltd)
EdshiftCIC
Healthy Minds
Noah's ArkCentre
StAugustine’s Centre
Visits Unlimited CIC		 10,437
17,413
15,254
17,516
13,610
13,803
Community CPR Fund
Ashdene Club
Bradshaw Church
Calderdale College
Coley Church
Edge LaneCommunity Group
Halifax Mosque
HalifaxVandals Rugby Club
Lightcliffe ScoutGroup
Old Brodliean’s
Salterlee School		 600
479
479
600
650
74
324
600
1,362
347
Communities in Crisis UKCF
Sowerby BridgeTogether		 152
Cost of Living Fund
Brighouse Central Foodbank
Focus4Hope
Food for Families
Newground Together		 3,000
651
2,500
35,000
Criminal Justice Fund
Sunnyvale Fishery &OutdoorActivity Centre
TheBasement Recovery Project		 15,600
11,250
Earnshaw Pilot Loan Fund
CalderdaleCreditUnionLtd		 1,800

44

COMMUNITYFOUNDATIONFORCALDERDALE
A charity andcompany limitedby guarantee
Notes to thefinancialstatements
a etter
tet ttle
Ae
General FlowThrough Grants
Boothtown Terriers 542
Panache IOP Fundraising
Project Colt
Ryburn Men in Shed		 200
1,080
530
The HalifaxAcademy
Tod KindnessCrewCIC		 1,093
1,389
HalfTerm Healthy Holidays
Calderdale College
CalderdaleCommunity Coaching Trust
Invictus Wellbeing Foundation ClO
Nurturing Creativity
Positive Impact Sports
ProjectCommunities CIC
ROKT Foundation
SanctusAcademyAmateur Boxing Club CIC
TAGS Programme Ltd
UniqueCommunity Hub		 6,947
7,171
7,659
17,406
16,000
6,354
3,885
4,208
8,000
8,000
Healthy Holidays Fund
515 Pellon ScoutGroup
Active Lives, ActiveCommunities CIC
Bridge End House Nursery & Holiday Club Ltd
CalderCommunity Cares
Calderdale College— inspire Centre
CalderdaleCommunity Coaching Trust
Esteemed Creatives CIC
Grass Roots Private Day Nursery
HigherUp Club Ltd—T/A Club Edge
Imagination Gaming
Invictus Wellbeing Foundation ClO
Light Up Black & African Heritage Calderdale
M andA Club		 106,604
21,745
12,128
1,842
17,640
21,393
13,878
2,280
12,320
1,897
26,603
9,407
726
Nurturing Creativity CIC
Park LaneAcademy
Positive Impact Sports
ProjectChallenge
ProjectCommunities CIC
ROKT Foundation
SanctusAcademy Amateur Boxing Club CIC
St Augustine’s Centre
TAGS Programme Limited
The CricketAsylum Foundation
UniqueCommunity Hub		 90,705
18,129
33,510
40,199
102,971
17,821
5,862
10,606
30,360
13,151
64,075
Halifax Old Peoples Holiday Fund
Brian Ellison 700
Household SupportFund
Advancement ofCommunity Empowerment CIC
AGE UK Calderdale & Kirklees
Alpha House Calderdale
Brighouse Central Foodbank
Building Bridges Food Hub
Calderdale Carers Project
Calderdale CitizensAdvice Bureau
Children’s CornerPreschool
CloverleafAdvocacy 2000 Ltd
Colt Enterprise (Calderdale Ltd)
DavrenCommunitySolutions		 2,500
2,500
2,500
2,500
2,500
2,000
2,368
2,500
960
2,500
2,500

45

eee COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Notes to thefinancial statements

==> picture [464 x 699] intentionally omitted <==

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Edshift|2,500| |Elland|Christian|Centre|2,500| |Focus4Hope|2,500| |Food for|Families|2,500| |Forget Me|Not|Children’s|Hospice|2,500| |Halifax|Boxing,|Sports &|Fitness|Club|2,500| |Halifax|Opportunities Trust|1,000| |Happy|Days|5,000| |Leeds GATE|4,500| |Light Up|Black|and|African|Heritage|Calderdale|2,500| |Making|Space|1,000| |Newground|Together|65,963| |Noah’s Ark Centre|5,000| |Old|Library|Cornhoime|2,500| |Our|Place|2,500| |Overgate|Hospice|2,500| |PCC|of St Mary’s Todmorden|809| |Project Challenge|5,000| |Spotlight|Faith|Group|2,500| |St Augustine’s|Centre|5,000| |The Basement|Recovery|Project|2,500| |The|Brunswick|Centre|2,400| |Todmorden|Food|Drop|in|5,000| |Unique Community|Hub|2,500| |Unmasked|Mental|Health|5,000| |Womencentre|Ltd|2,500| |Individual|Fund| |Gwennie’s|Getaways|786| |Joan|Eastwood|Legacy|Fund| |Bradley Wood|Scout Camp|2,800| |Brighouse|Central|Food|Bank|2,980| |Brighouse|Sports Club|554| |Nest Helping|the|Homeless|2,775| |Rastrick|Bowling|&|Social|Club|2,650| |ROKT|Foundation|2,650| |West Yorkshire ADHD|Support Group|2,250| |Carers|Wellbeing|Service|Calderdale —|returned|grant|(2,378)| |Mixenden|Parents|Resource|Centre| |Singing|Mama’s|CIC|224| |Never|Hungry|Again| |Sowerby|Bridge Together|624| |The|Halifax Academy|1,110| |Todmorden|Food|Drop|in|341| |Oliver|Smithies|Fund| |Evolution|Education|Ltd|15,000| |Ovenden|Moor Windfarm|Fund| |Bradshaw|Cricket Club|5,000| |Calder Valley|Search and|Rescue Team|7,956| |Dodnaze|Community|Association|500| |Edshift CIC|6,500| |Halifax|Sailing|and Watersports Club|5,000| |Hope|through|Music|7,956| |Illingworth|St|Mary’s|Cricket Club|3,725| |Inna|Nature|CIC|9,580| |Noah's Ark|Centre|5,000|

----- End of picture text -----

46

==> picture [477 x 769] intentionally omitted <==

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |TO| |COMMUNITY|—-—-__|OO|eee| |FOUNDATION FOR CALDERDALE| |A|charity|and company|limited by|guarantee| |Notes|to|thefinancial statements| |e|n|tc| |Nurturing|Creativity CIC|9,900| |Overgate|Hospice|7,956| |Phoenix Men's Shed|Halifax|2,642| |Oxenhope Climate Action —|returned|grant|(71)| |PCP|Community|Fund| |CROWS|(Community|Rights|of Way|Service)|1,500| |Quickline|Qfuture|Community|Fund| |Alpha|House|Calderdale|§,313| |Ask the Question|CIC|5,313| |St Augustine’s|Centre|§.313| |Womencentre|Ltd|§,313| |Rastrick|Big|Local| |Active|Calderdale|15,000| |Building|Bridges Food|Hub|18,650| |Cromwell|Bottom|Wildlife|Group|7,200| |Curious Motion|CIC|1,500| |Field|Lane|Primary|1,000| |Rastrick|Bowling &|Social|Club|38,138| |Rastrick|Cricket &|Athletic Club|77,281| |Rastrick Tennis|Club|10,932| |St John|the|Divine|Pantomime|Committee|1,500| |St John’s|Community|Hall|23,292| |St Matthews|Church,|Rastrick|15,064| |St Matthews Theatre|1,500| |The|Space@Field|Lane|29,463| |Support &|Integration|Fund|2024/2025| |Arvon|5,000| |Calderdale|Valley|of Sanctury|5,000| |Citizens Advice|Calderdale|3,000| |Curious|Motion|CIC|5,000| |Everybody Arts|4,894| |Friends|of Hebden|Bridge|Picture|House|4,640| |iris|Possibilities|CIC|2,500| |Light Up|Black and|African|Heritage|Calderdale|4,296| |Overgate|Hospice|5,000| |ROKT Foundation|5,000| |St Augustine’s|Centre|4,050| |The Turning|Point|Counselling|Service|5,000| |SWEF|Enterprise &|Business|Fund| |Individuals|2,333| |The|Make A|Difference|Fund| |Arch Way|Project|4,950| |Bradford VCS Alliance|Ltd|2,500| |Colt|Enterprise|5,000| |Dental|Educare|4,829| |Highbury|School|500| |Our Place|5,000| |Sowerby|Bridge|Fire & Water|Ltd|4,200| |SWAP|Safe Welcome|After|Prison|2,500| |WomenCentre|Ltd|3,080| |The|North|Halifax|Social|Activities|Fund|(Iingworth & Ovenden)| |Active|Calderdale|5,000| |Bradshaw|Cricket Club|6,499| |Halifax Amateurs JFC|2,000|

----- End of picture text -----

47

A charity and company limited by guarantee

eee COMMUNITY FOUNDATION FOR CALDERDALE

Notes to the financial statements

==> picture [463 x 554] intentionally omitted <==

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Ilingworth|ARLFC|6,000| |illingworth|Sports Club|5,000| |Trinity Academy|Halifax|2,500| |Themed|Fund|1|—|Housing|and|Homelessness| |Bringing|us Together CIC|1,579| |Nest Helping the Homeless|2,500| |The|Basement Recovery|Project|5,000| |The|Homeless|Pastors CIC|888| |Themed|Fund|2 —|Poverty|&|Disadvantage| |Brighouse|Central|Food|Bank|20| |Sowerby|Bridge Together|104| |St Augustine’s|Centre|2,750| |Star Boxing|Halifax CIC|740| |The|Halifax Academy|2,797| |The Turning|Point Counselling|Service|2,500| |Themed|Fund|3|-|Community|Cohesion| |Boothtown|Terriers|2,729| |Dean|Field|Primary|School|60| |Focus4Hope|1,449| |Halifax Opportunities Trust|3,500| |St Augustine’s Centre|250| |The|Homeless|Pastors CIC|117| |Themed|Fund|4 —|Mental|Heaith| |Arch Way|Project|1,500| |Singing|Mama’s CIC|174| |The|Homeless|Pastors CIC|506| |Unmasked|Mental|Health|3,078| |Themed|Fund|5 —|Climate|Emergency| |Immortal|Bloom CIC|3,000| |Spotlight|Faith Group|411| |Todmorden|Community|Windfarm|Fund| |Bacup|Family|Centre|Ltd|5,000| |Calderdale|Community|Coaching|Trust|3,035| |Empowered|People|3,105| |Happy Valley|Pride|4,500| |PCC|of St Mary’s Todmorden|Crypt Café|and|Family|Diners|1,500| |Scavenger Labs/Todmorden|Makery|5,000| |Shared|Harmonies CIC|5,000| |Todmorden|Book|Festival|2,500| |UKCF|Communities|in|Crisis|Fund| |Sowerby|Bridge Together|152|

----- End of picture text -----

48

ees COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Members List eee

LIFE MEMBERS

Mr Ed Anderson Hanson Plywood Ltd Mrs J Needham Mr A Banks Happy days UK Mr A & Mrs M Nelson ABS ~ A Better Way Mrs C Harris DL & Mr S Harris Nestle UK Ltd BCA Leisure Ltd Mr R Harvey OBE & Mrs S Noah's Ark Centre Blackley Baptist Church Harvey Ms J Paxton-White Mr Paul Brannigan Harveys Department Store Pennine Leisure Supplies Ltd Calderdale Carers Project Heartbeat — Brighouse Heart PPG Land Ltd Calderdale Talking Newspaper Support Group Ramsdens Solicitors LLP Association Hebden Bridge Little Theatre Mr W & Mrs V Rooney Clir Mrs G & Mr B Carter Miss | Holdsworth & Mr A Marsh Royal and Sun Alliance Chadwick Lawrence Solicitors Dr P & Mrs A Humberstone Mr P & Mrs S Russell Covea Insurance Plc Invictus Wellbeing Lady Margaret Shutt Crossley Juniors AFC Lloyds Banking Group Mr A & Mrs K Thornton Dean Clough Ltd Marshalls Plc Mr R & Mrs F Tighe Mr Neil Davidson DL Mr J Mooney Ms C Townley Mr Steve Duncan DL Dr R Moore OBE Voluntary & Community Mr Russell Earnshaw Mr C & Mrs J Moran Mrs M Vickery Eureka! Mrs K Moreton-Deakin & Mr A Dr R Wheeler Mrs Deborah Gartland Moreton-Deakin OBE Mr P & Mrs N Wilby Mr C & Mrs G Greenwood NR Components (Tod) Ltd Mr & Mrs E N Wood Halifax Courier Ltd Mr J Needell Mr N & Mrs S Wright

FOUNDATION CLUB MEMBERS

Andy Thornton Ltd Finn Gledhill Marquis Private Hire Appleyard Lees Freightlink Europe McVities Caravan Guard Ltd Full Circle Funerals Newground Together Core Facility Services GA Valves Sales Ltd Skircoat Green Directory CP Media Mr TJ & Mrs A Kirker Sleigh & Story Mr P Crabtree Mr A H Marshall Mr A Sykes Craggs Country Business Park Pennine Pneumatic Services Ltd Mrs D Tremeyne DD Porter Ltd PIB Insurance Brokers Walker Singleton Design & Display Ltd Quantuma Advisory Ltd Wilkinson Woodward Doherty Wealth Management Hawley Business Solutions Yorkshire Packaging Services Eastwood Financial Services Ltd Hawley Energy Elcons Employment Law Inspirit Learning Consuitants Ltd Local Care Direct

FRIENDS OF FOUNDATION

Albion Street Studios Ms R Dilley Mr L & Mrs D Andrikevych & D Every Step Financial Services Ginkevych Evolution Education Lord Ashton Flat Stan First Aid Mr M Berry Miss R Garrod Best You Health Go Local Mrs H Bingham Grinning Graphics Blackwood Communications Mr J Hampshire Bluebird Care Mr C Harris Mr S Bottomley Ms A Haskins J& R Bottomley Ltd Mr J Heaton Calder IT Ltd Mr M Hemingway Candle Digital Mr R Hodgson Miss V Chadwick Mr R Hopkin Combined Minds Ltd Mr S Hussain Mr J Crowther JLA Limited

The old Pivotal Marketing Ltd PM Law Ltd Purplemoon Supervision & Coaching Ltd Mr J Reader Mr J Robertshaw Study Write 11+ Textile Innovations Ltd Utility Warehouse Partner Valley Willwriting WY Manufacturing Services Woodnook Holdings Ltd Yorkshire Payments Your Day Group Ltd Mrs Zohrah Zancudi

49

a88s i COMMUNITY FOUNDATION FOR CALDERDALE A charity and company limited by guarantee Members List

VOLUNTARY MEMBERS 14'n Halifax All Saints Guides iingworth St Marys Cricket Club 20" Halifax Salem Boys Brigade Inner Wheel Club of Halifax 8 & 26 Calder Valley Scout Group Lionesses of the Valley Actors Workship Youth Theatre Luddenden Conservation Society AGE UK Calderdale & Kirklees Member Pioneer All Saints Church Elland Mid Yorkshire Chamber of Commerce Ask the Question Mount Tabor Community Caring Association AssistiV CIC Old Brodleians Barkisland Old Peoples Welfare Committee Overgate Hospice Blackley Baptist Church Pennine Calder District Scout Council Boothtown Terriers ARLFC Pitstop 2000 Ltd Brighouse Amateur Swimming Club Project Challenge Calder Community Cares Radio Calderdale Calder Valley Search & Rescue Ravenscliffe High School and Sports College Calderdale Forum 50+ Relate Cross Pennine Calderdale Leisure Gardeners Federation Ripponden 2000 Gardening Club Calderdale Valley of Sanctury RSPCA Halifax, Huddersfield, Bradford & District Colt Enterprises (Calderdale Ltd) Branch Concert for the Young at Heart Salem Methodist Church Cottonstones Pre-School Playgroup Sanskriti Halifax Indian Society CREW Heart Support Group See Ahead Diamonds Gymnastics Club Shelf Wellbeing Community Association EdShift Slow the Flow Elland & District Partnership Soroptimist International Elland Riorges Association Sowerby Bridge Rushbearing Association Finance Yorkshire Stage Door Studio Theatre Workshop Focus 4 Hope The Space at Field Lane Forget Me Not Childrens Hospice Todmorden Amateur Operatic and Dramatic Society Fourteen 19 Social Todmorden Angling Society Fusion Housing Kirklees Ltd Turning Point Counselling Service Halifax Aachen Society Unmasked Mental Health Halifax Boys and Girls Brigade Band Wadsworth Community Association Halifax Heritage Tours CIC Waring Green Community Association Halifax Opportunities Trust West Yorkshire Community Accounting Service Halifax RLFC Independent Supporters Trust (WYCAS) Halifax Society for the Blind ClO West Yorkshire Police Halifax Table Tennis Association Witchfield Grange Heart Gallery Women Centre Ltd Hebden Bridge Angling Society Women’s Activity Centre Hebden Bridge Saints Junior Football Club Yorkshire West Methodist District Hipperholme Grammar School

50