Charity Commission number.. 1015489 Companies House number.. 2766098 THE ETHEROW CENTRE CHARITABLE TRUST TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
The Eth?row Centre Charitablp Trust Contents Page Trustees Annual Report Indep8nd8nt Examineffs Report Stslement ol Flnancial Activiti88 Balance Shoel Slalemenl of Cash Flows 10 Notes to the FInarla1 Statements 11-23 The followingp898 dogs notfom? part of the stalulory accounts.. Income and Expenditure account 24
THE EfHEROW CENTRE CHARITA8LE TRUST Report of the trustees for the year ended 30 November 2025 The trustees present their annual dlrectors, report and flnancial statements of the charity for the vear ended 30, November 2D25 whlch are also prepared to meet the requirements for a directors. report and accounts for Companies Act purposes. The flnancial statements comply wlth the Charltles Act 2011, the Companles Act 2006, thè Memorandum and Articles of Association, and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charltles preparlng their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I january 20191. Referente and admlnlstrative Information Charity Name.. The Etherow Centre Charitable Trust Charity Number: 1015489 Company No.. 02766098 Directors and trustees The direetors of the charitable company Ithe charFtyl are its tru5tee5 for the purpose of charlty law. The trustees and officer5 serving during the year and since the year end were a5 follow5.. E T 8ussell F Leach S A Johnson I Wetton G Davles G Richards Key management personnel: Trustees and Dlrectors We have no Chair of Trustees Reglstered Offlce Etherow Centre Market Street Broadbottom SK14 6AX Independent Examlners Hilton Jones Chaytered Certified Accountant5 Holllnwood Business Centre Albert Street,Oldham Lancashire OL8 3QL Bankers HSBC Bank plc 5 Great Underbank Stockport Cheshire, SKI ILH
THE EfHEROW CENTRE CHARITABLE TRUST Oblectlves and actlvltle5 The purposes of the charlty are.. to provide recreational and therapeutlc ridlng classes and other recreational facllities for the beneflt of person5 suffering from any physical or mental disability with the object of improving their condltions of life and to provide trainin& instruction and supervision of such persons in their use and enjoyment of the aforesaid facilities. The trustees tonflrm that they have referred to the Charlty Commlsslon's guldante on public benefit when reviewing the Charity's aims and objectives, in planning future activities. and setting the policles for the year. The charity furthers its charitable purpose5 for the public benefit through the provision of facilities hostlng a range of sports and leisure activities available lo able bodied and disabled people. covering a wide age range and geoEraphlcal area. structurej governance and management Etherow Centre Charitable Trust is a company Ilmlted by guarantee governed by its Memorandum and Articles of A5sociatlon dated 19, November 1992. It is registered as a charity with the Charity Commission Idated 30 November 19921. Appolntment of trustees As set out In the Artlcles of Assoclatlon trustees are elected annually by the members of the charitable company attending the Annual General meeting. Each trustee retires from offlce at thelr third AGM and can offer themselves for re-electlon. Tru51ee inductlon Ond tralnlng All new trustee5 are provided with the Charlty Commission guidance for trustees and are given a brlef tour of the bulldlng and an explanation of the procedures". OrBanlsatlon Etherow Centre Charitable Trust has a management committee of between 4 and 7 members who meet every 4-6 weeks and are responsible for the strategic direction of the charlty. A scheme of delegatlon Is In place and day to day responsibility for the provision of servltes rests wlth the management team of user groups. Related parties and co-operation wlth other organisatlons In so far asls complementary to the charitls objects, the charity Is gulded by both local and national policy. Chalrfs Report: September 2025 The Trusvs purpose remains to maintain the building for the 'provision of recreational and therapeutic activities for the disabled,. We continue tD provlde space and facilitles for organi5ations and group5 which have a focus on the provision of sport and lelsure attlvltlesfor people wlth physlcal or mental health disabilities of all ages.
THE ETHEROW CENTRE CHARrrABLE TRUST TheTrust st511 has no chair and this rèport has agaln been wrltten lolntty. Ted has coritSnued to ensure the bullding works smoothly, Frances is keeplng our 5ecretsrial administration on track, Shlrley has contlnued to keep our Facebook page up to date, Gwyn has continued to act as Treasurer and provide valuable architectural advice on building maintenance and management lof which more later) and Jenny has provided general advice regarding building maintenance and assistance. A5 the Trust's AGM is being held jointly wlth that of the Etherow Indoor Bowling Centre this year, this report wlll leave their Chair to summarise thelr actlvwty and continued succes5. TMBC have continued to contrlbute to the cost of dilapidations the lease Is due to run until 31 March 2029. April 2024 was the last opportunity to have a rent revlew, which the Trust wished to pursue but TMBC rejected. We instructed Chartered Surveyors Falrhur5t Buckley to conduct a rent review on our behalf, but they were unable tD find sultable comparison building5. Slgnlflcantly, they noted In January that ,the frust has endured c05ts of £14,800 in the lost 12 months. wiping out the rentol income. It is unfortunate that the lease does not ullow the Trust to recoup externol rEpalr costsfrom Tt7meside, but l u55ume that the cost of insurance and utilities chorges ure belng apportioned as per the lease.. The settlng of the Centre ha5 been further Improved, wlth the trees and overgrowth by the ramp to the car park having been removed End a kerb and gravel18id. Addition311yi a dropplng off place for those with disabilltles has been provided at the foot of the ramp to the bowling centre and partlcular thank5 go to David Twlgg for thi5. Toilet5 have been upgraded within the Bowllng Centre to provlde properly configured Accessible Tollet facilities, funded by the National Lottery Community Fund. Over the summer and in a major programme of works to improve the thermal performance of the bulldlng and provide an additional Source of long-term Income, solar panels have been fltted and the roof repaSred, Velux window glazing replaced and masonry repointing carried Dut on the south elevation In Ilme mortar and the large tlmber central wlndow at first floor level on the south side which was in poor tondition, replaced. The Trust orlglnally planned to install 126 solar panels, the condition of the roof and sUPPOrtlng structures being checked by the installer, but the number of solar panels had to be reduced to 32 due to the lack of capacity at the local electricity Substation. The Trust ha5 contributed to the requlred scaffold and repointing costs and has also had the guttering inspected, repaired and redecorated. Throughout, the Trust has maintained full liaison with the Construction Manager Network Rall Asset Protection & Optimisation, due to proximity of the railway line. Additionally* all the arched windows at first floor level have been replaced by Pate and Lever to a design agreed wlth the Trust, to be followed by repointlng of the masonry, again in lime mortar. The Perspex in the west gable window has been replaced wlth glass and the window repainted black to take advantage of the scaffoldlng. Three openlng Ilghts are to be Inserted into the existing timber
THE ETHEROW CENTRE CHARITABLE TRUST wlndows on the north elevation to improve cross ventllatlon. Thls work to the windows will a150 help to improve the envlrDnmental performance of the buildlng. These wlndows are a giftfrom Steven Roberts in memory of hls parents, David and Barbara Roberts. Unfortunatelyi the scaffolding was accessed by sever31 local teenager5 on two (PI occaslons, caught on CCTV. The matter wa5 reported to local pollce who were able to Identlfy the indivlduals and Vislted them at home with their parents. At least the top row of the scaffolding will be taken down by the end of September, to minimlse the risk of access to the roof. The Trust has been able to beneflt from slgnlficant pro bono legal advice over the last year from Brabners of Manchester. Partner Helena Davies and Solicltor Wlll Ford have provided advice on both the Trust's legal p051tion with the stables and with the TMBC lease. Inltlal advice from Brabners confirmed that, underthe Trust's charltable objerts and theterms of the TMBC lease, the use of the stables and outdoor menage is restrlcted to the provislon of disabled rldlng classes. although not for offlclal Riding for the Disabled use, and not for general stabling orany other purpose. The Trusttherefore advertised for such a user on the Trust's Facebook site, all contacts were asked for at least three reference5 and research was carried out Into an appropriate rent, given that the use was restrirted to an organisatlon providing services to disabled people. The Trust agreed to pursue contact with the In5plring Animal Therapy CIC, which provldes animal assisted therapy with a range of anlmals from horses to guinea pigs. and 15 delighted to report that a four-year lease drawn up by Brabners was agreed wlth the CIC, with the tenant having taken up occupanry on 29 August, The rent has been agreed at £200 per month for the first six months. in recognition of the CIC'S offer to undertake Signifint repair works to the building and menage, and £500 per month thereafter. Maintenance and repair5 are still needed to the stables buildlng and the menage to enable a new use, including replacement of the menage fence and of the water and electrlclty supply rotjte, repair of internal galvanised metalwork and clearing of gutters wlth inspection of the roof after jet washinE. The old fencing and timber ducting has been removed pendln8 the start of work and the Trust has agreed to fund 50% of the new fenclng costs. The Trust will also pursue works by United Utilities to provide a source of water direct to the Stables building. In other news, the committee has continued to meet every four weeks to conduct the business of the Trust, and also once most months to undertake cleaning and maintenance actlvltles. Two members of the EIBC Management Committee, George Richards and David Twigg, have continued to joln these meetings, to observe the Trust and take part to strengthen the ties that need to exlst between the Trust and the Bowling Centre. We are pleased to welcome George as a new Trustee. The main building arena was used for several months by Hoop Paws Dog Training although, sadly, this has ceased due to a change in the personal circumstances of the trainer. Brabners were able to provide a Licence to Occupy for all future users of the maln building. Two previous request5 to Usè the ground floor of the Centre from The Woodhead Rallway Herltage
THE ETHEROW CENTRE CHARITABLE TRUST Group and a music producer have not come to fruition. Our two band groups continue to Use rooms within the Centre. AlthoLEgh these groups do not have a link to disablllty, they provide a modest, regular income to support our chBrity, Etherow Centre Ch?rltable Trust Director5', Edward Bussell, Gwyn Davles, Frances Leach. Shirley Johnson and Jenny Wetton September 2025 Plans tor Future Perlods The Trustees remain keen to recruit further members to increase our SOUrceS and wlll use social media, as well as word of mouth to aid recruitment. The Trustees will contlnue to be guided and work within the current Business Plan which will be reviewed In 2028. before the end of the long-term lease wlth Tameside Councll, and reconslder our strategic priorities and their relevance. The Business plan draws together all the information we hold about the Centre, as well as providing an opportunity for us to determine our longer-term direction of travel. We continue to pursue the same four strateElc prlorities as last year: I Increasing the use of the main buildlng, especially for people with learning disabllitles,. 2 Establishing a more 5UStalnable Income stream, which does not rely so heavlly on public money; 3 Extending the committee to include someone whose Interest Is In user management and development; 4 Asslst in developing the Indoor Bowling Centre to provide increased revenue. We will also be gLtided by the maintenance plan, established in June/July 2022 for the Centre and review arrangements for disability access. This is updated regularly wlth audits. We will continue to seek grant funding where It wlll asslst us In meeting our aims and oblectlves. Financlal revlew Income totalled £141,87512024.' E132,0341 and total expenditure was £138,12512024 £101,875) leaving a surplu5 of £3,750 lincluding a depreclètion charge of £13,797I- New sources of funds to cover future malor maintenance projects continue to be explored. Restricted reserves at the year- end were £29,726. Investment powers and pollcy Thè trustees. having regard to the liquidity requirements of operating the charlty. aim to keep avallable fund5 in an interest-bearing deposit account. M05t of the charlty's funds are to be spent in the short term so there is little available for any longer-term investment.
THE ETHEROW CENTRE CHARITABLE TRUST Reserves poll¢y and going ¢on¢ern The balance held in unrestricted reserves at 30th November 2025 was £92,558 of which there is a deflclt of £26.526 after allowing for fund5 tled up in tangible fixed assets. The trustees alm to establlsh and maintain free reseNÈs In unrestrlcted funds at a level whlch equates to approximately two months of unrestricted charitable expenditLFre. The trustees conslder that this level will provide sufficient funds to allow a smooth running of day to day facilities and respond to unplanned repairs that may arlse. Having reviewed the plan5 fDr the year ahead the trustees conslder that the charity is a going concern provlding that the loan continue5 to be avallable. Rlsk management The trustees have conducted a review of the malor risks to which the charity is exposed. Where appropriate, Systems or procedures have been established to mitigate the risks the charity faces. Trustees responslbllltles In relatlon to the finantial statements The charity trustees (who are also the directors of The Étherow Centre Charitable Trust for the purposes of company lawl are responsible for preparing a trustees, annual report and financlal statement5 in accordance with appllcable law and United Kingdom Accounting Standards Iunlted Kingdom Generally Accepted Accounting Practice). Company law require5 the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affair5 of the charltable company and of the Incomlng resources and applicatlon of resources, including the income and expendlture, of the charitable company for that period. In preparing the financial statements, the trustees are required to: select suitable accountlng prlnciples and then apply them consistently; Observe the methods and prlnclples in the applicable Charities SORP,. Make judgments and estimate5 that are reasonable and prudent,. State whether applicable accountlng standards have been followed, Subject to any material departures that must be disclosed and explalned In the flnanclal statements,. Prepare the financial statements on a Eoing concern b3515 unless It Is approprlate to presume that the charity will continue in business. The trustee5 are responslble for keeping proper accounting record5 that disclose with reasonable accuracy at any time the flnanclal posltion of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the asset5 of the charity and takin8 reasonable steps for the prevention and detection of fraud and other irre8uSarltSes. By order of the board of trust Trustee G Davifj. Date.. 2026 -05-01
The Etherow Centre Charitable Trust Indèpandènt Examlner's Report For The Year Ended 30 November 2025 I report on the accounts of the company for Ihe year ended 30 November 2025, which have are set out on page$ 8 to 23 Ro$po¢tive respon$lbllltles of trustees and examiner The trustees (who are also dir8clors of the Gompany for the purp08es of company law} are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144{2) of the Char5ties Act 2011 (the 2011 Act) and that an independent examinallon is ne&ded. The charity is required by company law lo prepare accrued accounts and l am qualrfied to undertake the examlnation by belng a qualified member of The Association of Chartered Certilied AGcountants. Having satisfied myself that the charity is not subject lo audit under company law and is eligible for independent examination, il is my responsibility to-. examine the accounts under section 145 of the 2011 Act., follow the procedures laid down in g8n8ral Directions given by the Charity Commission under section 145lb) of the 2011 Aot., and lo slate whether partlGular matters have ¢ome lo my all6ntion. Bas18 of Indep¢ndont examlner's report My examinalon was carried out in aGcordan¢e wllh the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented wilh Ih05e records. 11 also includes consideTation of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'lrue and falr view and the report is limited to those matters set out in the statement below. Independent examlnerfs statgrnont In connection with my examination, no matter has come lo my attention: 111 which glves me r6asonable cause to be118ve that in any material respect the requirements to keep accounting records in accordance with section 386 of the Companies Act 2006,. and to pr8parg accounts which accord th the accounting records. comply with th8 accounling requirements of section 396 of the Companies Act 2006., and with the methods and principles of the Statement of Recommended Practice.. Accountin9 and Reporting by Charities have not been met., or 12) lo which, in my opinlon, attention should be drawn in order lo enable a proper underslandlng of the accounts to be reached. IL JM Hillon-Jones Hilton Jones Ltd Hollinwood Business Centre Albert Street Oldham OL8 3QL 01-May-26 Page 7
Thg Ethgrow Cfrntre Charltablg Trust Statement ol Flnanclal Actlvlties Ilncludlng Income and Expendlture Account> For The Year Ended 30 November 2025 Unrestrlctod Funds Restrl¢ted Funds 2025 2024 Notes INCOME FROM Donatlons and leg8cles Charitable activities Sundryincome 2,019 119,856 20,0 22,019 119,856 3,723 128,091 220 TOTAL INCOME 121,875 20.000 141,875 132,034 EXPENDITURE ON Charllable 8cllvill9s 115,122 23.OD3 138,125 101,875 TOTAL EXPENDITURE 115,122 23,003 138,125 101,875 NEf INCOMEIIEXPENDITUREI 6,753 {3,003} 3,750 30,159 NET MOVEMENT IN FUNDS 6,753 (3,0031 3,750 30,159 RECONCILIATION OF FUNDS Total fvnds brought forward 14 85,805 32.729 118,534 88,375 TOTAL FUNDS CARRIED FORWARD 14 92,558 29,726 122,284 118,534 The slBlemenl Df fi'nancial activie8 includes all 98ins and 1088es recognised In the year. All income and expendllure deriv6 from continuing aclivilifys. The notes on pages 1110 23 form part ofthese accounts. Pag£ 8
Th8 EthgFOW Centre Charltablo Trust Balancg Sheet As At 30 Nov•mb•r 2025 Companlès House number.. 2766098 Unre8trlctsd Ro$trfcled Funds Funds 2025 2024 Notes FIXED ASSETS Tangible Assets 11 148,810 148,810 120,192 148.810 148,810 120.192 CURRENT ASSETS DebtOTS Cash al bank and In hand 12 12,984 14,4511 12,984 25.275 11,451 55,981 29,726 8,533 29,726 38.259 67,432 Credltor8: Amounts falllng due withln one year 13 64,785 64.785 69,090 NET CURRENT ASSETSI(LIABILITIESI 156,252) 29,726 126,5261 11,658) TOTAL ASSETS LESS CURRENT LIABILITIES 92,558 29,726 122,284 118,534 NET ASSETS 92,558 29,726 122.284 118,534 THE FUNDS OF THE CHARITY Reslricled incotne fund5 Unrestricted Income funds 14 14 29,726 29,726 92,558 32.729 85,805 92,558 TOTAL CHARITY FUNDS 92,558 29,726 122,284 118,534 For the period in question the company was entitled to the exemption conferred by seolion 477 of th8 Companies Act 200e, and that no notice has b8èn deposited under secllon 476 In relation to Ils accounts for the financial year. The dire¢lors acknowledge their responsibilities for complying with the re9uirements of Ihg Companl6s Act 2006 wFth respect lo accounting records and the preparation of accounts. These accounts have been prepared in accor(Sance with the provisions applicable lo companies subj8cI to the small companies, regime. Approved by tho trustees on 01 Ma 2026 G Davles- Dlreclor The notes on page8 1110 23 fomi pa ese 8¢¢ounts. Page 9
Tho Eth8row Centr8 Charltabl8 Trust Statement of Cash Flows For Thg Year Ended 30 November 2025 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROP41 OPERATING ACTIVITIES 2025 2024 Nel movement in funds Add back depreciation Decreasellincreasel in debtors Increaselldecr&asel In cred1tws 3,750 13,797 (1,5331 (4.305) 30,159 16,594 13,691} 3,660 NET CASH USED IN OPERATING ACTIVITIES 11.709 46,722 CASH FLOWS FROM INVESTMENT ACTIVITIES: Purcha58 of fixed ass8ls (42,415) 19,686) NET CASH PROVIDED BY INVESTING ACTIVITIES {42,4151 19,686) INCREASEI{DECREASEI IN CASH AND CASH EQUIVALENTS DURING THE YEAR 130,706} 37,036 CASH AND CASH EQUIVALENTS BROUGHT FORWARD 55,981 18,945 CASH AND CASH EQUIVALENTS CARRIED FORWARD 25,275 55.981 Page 10
The Etherow Centre ChaTltable Trust Notes to thè Financial Statements For The Year Ended 30 November 2025 l Acttountlng Pollcl•s 1.1 Bas1$ of preparatlon and assessment of golng Concern The accounts Ifinanclal slalementsl have b8en prepared under the hlstorical cost convenllon wlth Stems r@cognised at C05t or transaction value unless olherwlse stsled in the relevant notes lo these 8ccounls. The fin8ncl81 slalemenls have begn prepared in accordance with the Statement of Recornmended Practice.. Accounting and Répertlng by Ch8rltles preparing their accounts in accordance with the Financi81 Reporting Stsndard appllcable in the UK and Republic of Ireland (FRS 1021, effecllve 1st January 2019, and th& Financial R8POrting Standard applicable in the Unlled Kingdom and Republlc of Ireland {FRS 1021 nA nharS1its¢ ?ni The ch8rity conslilules a public benefit entity as defined by FRS 102. The Iruslees consider that there aro no material uncertainties about the charity's abmity lo conlinu8 as # going concern. 1.2 Fund5 5tru¢tur8 Reslricled funds are funds which are to be used in accor(Janc& wf(h specific restrictions imposed by th8 donor or trust dead. Th8r8 8ra O reslricled funds. Unreslrlcled income funds comprise those funds whlch the trustees are free lo use for any purpose in furtheranc8 of lh8 charitable objects. Unrestricted funds include designated fund8 where the Iruslee8. at their discretion. have created a fund for a specifSc purpose. Further dolails ol each fund are dlsclosed In note 14. 1.3 Income recognltlon All Income Is recoonised once the chaTity has ènlltlement to the Incomè, il Is probable that the Income wlll be received and the amount of Income receivable can be measured reliably. Donations are racognised when the charity has been nollfied In wrlling Df both the amount and setM6menl dale. In the event that a donallon Is sublecl lo condlllons that require a level of performance before the charity is entllled to the funds, the income Is deferred and not recognlsed untll ellher those condllions are fully mel. or the fuifilmenl ol those condlllons Is wholly wlthln the control of the charity and It is probable that tho88 conditions will ba fulfllled In the reporting period. Interest on funds held on deposit Is included when receSvable and the amount can be measured r?1Sably by the chadly., thi8 is nomially upon nolificallon of the Interest pald or payable by the bank. DlvliJend8 are recognlsed once the divld8nd has b6en declared and notification h8s been received of the dividend due. 1.4 EXndIture Recognlllon Liabilities are r8cognised as expenditur8 as soon as there is a legal or constructiv¢ obligation committing the charlly lo that expenditure, Il Is probable that selllemenl wlll be required and th8 amount of the obligation can be measur6d rellably. All expendlture Is accounted for on an accruals basis. All expenses Includlng support costs and gDv8rnanc8 costs are allocated or apportioned to the applicable expenditure headings. For mo Informallon on this attribution refer to note 1.6. 1.5 ITrecoverablo VAT Irrecoverable VAT is charged against th8 8xpendilure haading for which it was incurred. Pgge11
Thè Ethorow Centre Charltable Trust Notes to the Flnancial Statèmonts For The Y•ar End•d 30 November 2025 1.6 Allocatlon of support and governance sts Support costs have been allocated betwaen governance costs and other support costs. Governance costs compris8 all costs involving tho public accountablllty of the charity and its compliance with regulation and good practlce. These costs include costs rolale(i lo indepgndenl examination and leg81 feas lagplher wllh an apportKJnmenl of ovèrhead and support cost8. Gov8manog costs and support costs relating lo Charitable activltles have been apporilcmed based on type of expense. The allocallon of support and governance cosls is analysed in note 8. 1.7 Costs of ra16ing funds The costs of ralslng funds conslsls of aGllvlll8s, mark8llng and DBS costs. 1.8 Charltoble Actlvltl•8 Costs of ch8rilabl8 activities indude govornance wsls and an apportionment of 8UPPOrt costs as shown in note 7. 1.9 Tanglble flxed a5$•ts and dgpreclallon All assets costing more than £500 are capitalised and valued al historical Cost. Deprecialion 18 charged on the followlng basis.. Fixtur85 & fittlngs Freehold18nd Freehold bulldings Building improvements Phase111 20% on cost Not depreciated 2.50/0 on cost 50/D on cost 2.5% on cost 1.10 Reallsed galns and losses All gains and losses 8ra lakan lo the Ststement of Financial Activities as they arise. Realised gaSns and I¢Se$ on investments are calculal8d as the difference between sales prDGeeds and their opening carrying value or their purchas8 value if acquired 8ubsequ8nt lo the firsl day of the financial year. Unrealised galns and losses are calculated as tho difference between the falr value at the year and and Ihelr varyng value. Realised and unrealised Invostmenl galns and losses aro combined in the Statement of Financial Activities. 1.11 Penslons The charity oporales an auk)-enrolment p8nsion sch8me. The charily has no liability beyond paying ils conl 1.12 Debtors Trade and olh8r d6blors are reGognlsod 81 the settlemènt amount dua after any trade dIoUnt offered. Prepayments are valued al the amount prepaid nel of any trade dSscounts du8. 1.13 Cr8dltors and provlslons Creditors and provisions are recognised wheré the charlly has a present obllgalion resulting from a past event that wlll probably r8suII in the transfer of funds lo a third paty and the amount due lo settle th@ oblig8llon rAn be rneasured or aslimated reliably. Creditors and provlslons are normalty recognised al thelr sètllemenl amovnl after allowing for any Irade discounts due. Page 12
The Ethorow Centro Charltable Trusl Notes to the Flnanclal Ststèments For The Year Ended 30 November 2025 2 Rglalod party transaGtlons and trustees, expgnsgs gnd r9muneratlon The Iruslees all give fre81y their lime and expertise wilhoul any form of remuneFatlon or olher benefit In cash or kind 12024= £nill. Expens&s paid to th8 Iruslogs in Ihe year totald £nil12024.' £nil). 3 Donatlons and Legacles Unrestrlctod 2025 Restrlcted Total Fund8 Total Funds 2025 2025 2024 Donallons 2,019 2,019 20,000 20,000 22,019 22,019 3,723 3.723 PrevÉous reporting p*iod Unr&strlct•d 2024 Restrlctod Total Fund8 2024 2024 Donations 3,723 3,723 3,723 3,723 13
The Etheiow Centre Charltable Trust Note5 to the Financial Statements For The Year Ended 30 November 2025 4 Incomg from Charltablo aotlvltlg9 Unrestrtcted Reslflcled Total Funds Total Fut)ds 2025 2025 2025 2024 Rents recelvable Conlrlbullon lo sarvlce charg8S Indoor bowling incom8 Tuck shop Income 5.300 33,200 81,356 5,300 33,200 81,356 19.700 34,504 69,680 4.207 128,091 119,856 119,856 Previous reporting pwiod Unrestrlct¢ RtrIcted Total Funds 2024 2024 2024 Rents receivable Contribution lo sorvice charges Indoor bowllng Sncome Tuck shop Income 19,700 34,504 69,680 4,207 128,091 19,700 34,504 69,680 4,207 128,091 Page 14
The Etherow Centre Charitable Trust Notes to the Flnanclal 81atements For Tha Year Endod 30 Novemb&r 2025 J Net Incom 2025 2024 Nel Income is slated after charging,, Depreciation- owned assets Accountsncy Other financial services 13,797 520 16,594 504 90 6 In¢om& from other tradlng a¢tlvltl85 Unr•StrIct Rg8trlct•d Total Funds Total Funds 2025 2025 2025 2024 Previous reportlng period Unr•strl¢t•d Re$trfct•d Totsl Funds 2024 2024 2024 Page 15
The Ethèrow Centre Charltable Trust Notes to the Financial Statemonts For The Year Ended 30 Novemb¥r 2025 7 Exp8ndlturg 2025 2024 Expendlture on charltable a¢tivitlos Llghl, heal & water Business r81es Rep8Sr8 & mainl8nance Insuranc8 Consultancy Cleaning Depreciallon Miscallaneous Minor equlpment Refr8shsment Professional fee Bad debts Donations Supplies Card fees Cleaning and waste collocllon Subcontracted staff Refreshment Printing. postage and st81ion8ry Subscription Advertising and promOOn Telephone Minor equipment Repairs and malnlenance Donations Miscellaneous Governance costs Support costs 16,918 796 75.283 6.339 2,000 2,457 13,797 34 92 15,537 442 30,286 6,131 250 110 16,594 28 420 1.118 500 1,237 703 3.205 13.259 773 88 330 454 80 3,808 4,618 600 938 504 282 1,240 903 4,501 3,456 1,644 1,057 89 1,857 2,698 758 520 118 138,125 101.875 2025 2024 Reslrictsd fund8 Unreslricled lun(Is 23,003 115,122 138,125 97,371 101,875 Page 16
The Etherow Centre Charitable Trust Note5 to the Flnanclal Statements For The Year Ended 30 November 2025 B Allocatlon of gov8rnan¢è and 8UPI)ort ¢o$t$ The breakdown of support costs and how th688 wero allocated belwe8n goveTnance and other support CO8ls Ss shown below. Gonwal Support Basls of apporllonment GOrnanC• 2025 Accountancy Bank charge8 Use of fecllitles Use of facllilie8 520 520 118 118 118 520 638 Previous reporting perl(Id General Support 8a¥l¥ of apportlonm•nt Govarnance 2024 Accountancy Other flnancial services Bank charges Use of facilllies Us8 of facilities Use of facilities 504 90 192 192 282 786 PagB 17
Thè Ethèrow Centre Charitable Trust Notes to the Flnancial Statements For The Year Ended 30 November 2025 9 Analysls of $taff p)sts 2025 2024 2025 2024 Avorage number of employees NumboT of employees with ben8fils in exces8 01 £60,000 2025 2024 Total 8mploym8nt benefits, induding 8mployer pension contributions of th8 kgy management personnel Th6 charity conslders Ils key managgmenl personnel comprlses the trustèès. 10 Indepgndent ExamlnoT Fee5 2025 2024 Independent examination fea8 520 504 520 504 Paye 18
The Etherow Contro Charltable Trust Notes to tho Flnanclal Statoments For The Ytsar Ended 30 Novomber 2025 11 Tangible Flxed Assets Froehold land Fixtur88 & iittings Total Cost Al 1 Decemb&r 2024 Additions AI 30 N0vemLr 2025 30,rKIO 15,96S 631.272 42,415 673,687 42,41 S 30,000 15.965 Deprèciation Al l December 2024 Charge for Year AI 30 November 2025 12.512 863 511,080 13,797 524,877 13,375 Net Book Valua AI 30 November 2025 30,000 2.590 148,81 Ll Al 1 December 2024 30,000 3,453 120,192 12 Debtor8 2025 2024 Debtors Accrued Income Prepayments 11,127 12,297 687 324 12,984 11,451 2025 2D24 Reslr5¢led Unreslrictsd 12,984 12,984 11,451 11,451 Pap 19
The Etherow Contre Charitablè Trust Not8s to the Flnanclal Statemènts For Thè Year Ended 30 November 2025 13 Crèdltor8: amounts falllng due within one year 2025 2024 Trade creditors Other creditors and accruals Loan Accruals D8ferr8d Income 2,682 6,264 61,576 61,576 527 1,250 69,090 64,785 2025 2024 Unr8slricted 64,785 64,785 69,090 69.090 14 Analysls of charftablo funds Analysls of movoments in unrestrlcted funds 30 November 2025 Dwmbor 2024 Incoming Resource$ Resources Expended Transfers Gèneral fund Designated funds- capital fund 11,331 74,474 85,805 121,875 {105,164) 9,958 1115,1221 28,042 64.516 92,558 121.875 Previous reporting perlocl 30 Nov6mber 2024 Oacember 2023 IncomSng Rèsources ResourGe5 Expended Transfers Gen8ral fund Daslgnaled fvnds . capSlal fund 134.559} 85.701 51.142 132,034 {86,144) 11,227 {97,3711 11,331 74,474 85,805 132,034 Name of unrestrlctgd fund.. General fund Designated funds- capital fund Doscrlption, nature and purpo$o of the fund The unrestricted funds of the organisalion For general capital exp&nditur8. Pa98 20
The Ethorow Centro Charltable Trust Notes to the Flnancial Statements For The Year Ended 30 November 2025 14 Analys19 of movemènts In restrf¢ted funds 30 November 2025 Decembgr Incornlng 2024 Rasources Resources Expended Transfors RtK>f fund Loltery fund SI8Ne fund- oapltal 218 1218) 120,0001 (2,785) 20,000 32,511 29.726 32,729 20,000 {23,0031 29,726 21
The Etherow Centre Charltable Trust Notes to the Finan¢ial Statoments For The Year Ended 30 November 2025 Previous reporting perfe 30 November 2024 Dec•mb•r Ineomlng 2023 Resource$ Resource5 Expended Tron$fers Roof fund Slable funé - capital 1,937 35,296 (1,7191 (2,7851 218 32.511 37,233 {4,5041 32,729 Page 22
The Eth8row Contre Charitable Tnjst Notes to the Flnanclal Statements For Thg Year Ended 30 Novomber 2025 15 Analysi8 of not assets between funds Unrg$lrl¢ted RestrlGted 2025 Tanglble fixed assets Cash at bank and in hand Other ngt current asselsllliabililipsl Total 148,810 14,4511 51.801 92,558 148,810 25.275 51.801 122.284 29.726 29,726 Prevlous reporting period Unr68trlcted R•strfctod 2024 Tangible fixed assets Cash al bank 2nd in hand other nel current assgts1{liabilltiesl Total 120,192 23,252 57,639 85,805 120.192 55,981 57,639 118,534 32,729 32,729 16 Golng Coneem The charltls maln source of income Is grant funding and Inveslmenl income. The Irustg8s ¢onsidor, having regard lo reserv85 that il Is appropriat6 lo wepare the accounts on a golng concem basis and, consequently, the accounts do not Includ8 any adjustments that would bo necgssary if th8 funding income should cease. 17 Post Balance Sh8et Evants The Trustees do not conslder that there have been any event5 since the balance sheet dale that significanlty impad on ltte finanryal slalements. 18 Flnanclal Instruments The chamty only has financial 8ssels and financial liabilities of a klnd that quallfy as baslc financral Page 23
The Ethgrow Centre Charitable Trust Incomg and Expenditure Ac¢ount For Thp Y•ar Ended 30 November 2025 2025 2024 INCOME Grants and contracts Donations Sundry Income 119.856 22.019 12B,091 3.723 220 141.875 132.034 EXPENDITURE Light, heal & waler Business rates Repalrs & malnlenance Insurance Consultancy Cleaning Dapreci3tlon Miscellaneous Minor equipmenl Refreshsment Bad debts Donations CBTd fees Cleaning and waste co118clion Subconlracled staff Refreshment Printing. postage and stallonory Subscription Advertising and FKomotlon Telephone Minor equipment Repairs and maintenance Donations Miscellan8CXJS Mlscgllaneous Accountancy oth8r financial services Bank charges Cl88ning 16,918 796 75,283 6,339 2,000 2,457 13,797 34 92 15,537 442 30,286 6,131 250 110 16,594 28 1,118 500 703 3,205 13,259 773 88 330 454 80 3,808 4,618 600 938 1,240 903 4,501 3,456 1,644 104 1,044 1,057 89 1,857 2,698 758 34 520 504 90 192 11L) 118 2,457 140.196 11)0.748 1,679 31.286