Charity registration number 1021086 (England and Wales)
Company registration number 02756650
THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Ms B Groves (Chair)
Mr GM Black (Vice Chair)
Ms EJ Haslings (Company Secretary)
Mrs J Iley (freasurer)
Dr W Cunningham
Ms L Woodcock
Ms MA Gordon
Mr H McKendrick
Mr D Chesser
Mr B Dowdeswell
(Appointed 10 October 2024)
{Appointed 17 March 2025)
{Appointed 22 April 2025)
Charity number
1021086
Company number
02756650
Registered offlce
Charlotte Slraker House
Cookson Close
Corbridge
Norlhumbertand
NE45 5HB
Audltor
Sumer Auditco Limited
Unit 2
Gosforth Parf( Avenue
Newcastle upon Tyne
NE12 8EG
Bankers
CAF Bank Llmiled
25 Kings Hill Avenue
West Malling
Kent
ME19 4JQ
Lloyds Bank PIC
1 Legg Slreet
Chelmsford
Essex
CM11JS
Sollcltor8
Sinlons LLP
The Cube
Barrack Road
Newcastle upon Tyne
NE46DB
Investment advlsors
Brewin Dolphin
Time Central
Gallowgate
Newcastle Upon Tyne
NE14SR

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
CONTENTS
Page
Trustees, report
Independent audilovs report
12-14
Statement of financial activities
15-18
Balance sheet
17
Statement of cash flows
18
Notes to Ihe financial statements
19-36

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The financial slatemenls have been prepared in accordance wilh the accounting policies set oul in note 1 to the
financial statements and comply with the GharilVs governing document, the Companies Acl 2006, FRS 102 The
Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounling
and Reporting by Charities.. Slatement of Recommended Practice applicable to charilies preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)"
OBJECTIVES AND STRATEGY
Objectives
The objectives of The Charlotte Slraker Project are 'lhe relief and rehabililalion of aged or infirm persons resident in
the local aulhorily dislrict of Tynedale or such other areas of the Counly of Northumberland as the charity shall from
time lo time determine (the 'area of benefit,) as well as the relief and rehabilitation of aged or ¥ifirm persons resident
elsewhere in the United Kingdom who have close relations resident in Tynedale and in particular, bul wilhout limiting
the foregoing, by providing or assisling in the provision of sheltered accommodation, and of nursing and other
facililies to alleviate the needs of suth penYJns'
And "the advancement of the education of the public with respect to health. housing and welfare problems amongst
persons in the area of benefit who are aged or infirm."
Revlew of actlvltl88
Our principal areas of charitable activity continue lo relate lo the provision of residenlial and nursing care lo the
residents of our registered care home, Charlotle Straker House, along with supported accommodation in the form of
bungalows. The bungalows which are available to those aged 65 and over. provide independent living and are in the
grounds of our home. Charlolle Slraker House provides care & a¢￿)mMOdatIon for up 10 32 elderly residents in our
well-equipped rooms. whilst we have eight bungalows. The average age of our residents is 87 years old. Care
within our home is provided under Ihe brand 'Your Care, Your Community, Our Home, describing our commitment
towards pulling our resldents needs at Ihe centre of what we do.
During the year we have (x)ntinued to promote our servlces to the local population and increase community
engagement via various channels with these including content marketing, our website and online presence. social
media, emailed and pasted newslellers, adverts and articles in print and fundraising activities. We also completed a
review of our charily Branding, Values and Mission Statement with these being used to updale and enhance our
marketing strategy.
Our 2024125 objectives, which a￿ aligned with our mission, values, and regulatory requirements, have continued to
focus on enhancing ihe well-being of our residenls, supporting our staff. and ensuring the future sustainability of our
home. Our aim remains to ensure that we provide a safe and wmfortable environment, maintainlng high standards
of accommodalion, with a focus on security and safely for all residents. using assistive technology where
appropriate.
Key to our objectives is the need to ensure that they remain resident centred with these indudlng seeking to
enhance their qualily of life, promoting independence and choice and providing personalised care. Our work here is
overseen by our Quality Committee and supported by our'Resident of the Day, initiative.
Recognlsing the value that our staff bring to what we provide we also have an overarching objeclive on staff
development and support. Here our aim is to enhanc£ staff skills and ¢ompetencles. ensure adequate staffing levels
and promote a positive environment to work in.
We recognise the need to strive for continuous improvement. Our Board strategy day in May 2024 foajssed on
Board development, the strengthening of our govemance arrangements and ensuring our future sustainability.

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
During the year we also reviewed the structure of our Senior Management Team (SMT) and agreed lo implement a
more robust model. This now includes a Chief Execulive post. with Ihis role having taken on some elements of
responsibilily from the Chair. a Registered Home Manager and a Deputy Clinical Manager. The new structure was
implemented dLFring the year and has been well reseNed. wilh many positive outcomes.
The year has also seen work completed on reviewing the admission journey for all new residents. As a result, our
procedures and practices have been aligned with Compelilion and Markets Authority (CMA) guidance. and the
process is fully transparent for residents and their families. A documented roadmap has been produced which is
used by the SMT to support the admission process. As a result. the prO￿sS is much dearer and streamlined,
benefiting all.
The difficulties of recruiting, and retaining, staff within the social care sector are well documented and work lo
improve for our home this has remained a focus for us Ihroughoul the year. Allhough Ihe use of agency staff was
high al the start of the year, this had reduced significantly by the end as a result of our work. Agency usage over the
last quarter of the year had fallen by over 700A from Ihat seen during Ihe first quarter. As well as the obvious
financial benefits that this brings with the more effe¢live use of cash resources, reducing our reliance on agency
work has improved morale for our permanent staff as well as the consistency of care for our residents.
Our activities and engagement have gone from slrenglh to strength over the last year with additional support from a
fixed term role of aclivilies coordinator. New ideas and an increased variely of activities have been provided.
Alongside our own staff team, a much-valued aspect of our aclivily offering lo residents, is the support provided by
our volunteer team. Residents not only welcome volunteer interaction bul look fO￿ard lo the engagement and
companionship gained from our volunteers.
Ensuring our staff and residents families are kept updated has continued lo be of key importance throughout the
year. Regular Internal and exleTnal communications have helped keep all stakeholders updated on our performance
and activities, and the wellbeing of residents and staff. The Chair, Trustees and our SMT have continued with the
personal contact with staff, residents and relatives. Face to face engagement sessions have been held, which have
resulted in changes lo operational work, recruitment strategies and our workforce mod81. This model of engagement
has worked well and continues to be received posilively.
Publlc beneflt
The Board of Trustees has considered the guidance on public benefil when consldering the objectives and activities
of the charity. As a registered charity we seek to benefit the public through the pursuil of our slated objectives and
strategic priorities. The charily's principal source of income remains the fees and rents that il tharges for ils nursing
and residential care and housing accommodation. These are sel al a level to ensure the continued financial viability
of the organisation. and which is consistent with the charily's aim of providing high quality seNices.
Tho charlty welcomes resldents from all backgrounds. In particular, we belleve that it is important thal access to
accommodation is not restricted to those that can afford to pay. All Ihe charity's housing rents are set in accordance
with guidance from the housing regulator on social and affordable rents.
On the 1 st May 2024 the charity was pleased to be able to reopen its (x)mmunily respite bed providing resldenlial
and nursing care for those who live in Northumberland. Based in a welkappointed room within Charlolle Straker
House this service is available for Ihose who need exlra support for a shorl period of lime. The respite bed is
provided free of charge. receives no local authority support and is funded entirely through donations and grant
funding. Since this setvice was reopened in May 2024 the bed has been fully occupied and has supported 26
residents, at a cost to the charily of £56.462.
Each year the charity aims to provide a financial contribution to a number of residents who have a shortfall in their
fees due to a lack of personal means. Monies to cover these shortfalls have to be raised by fundraising activities.
During Ihe year 160/0 of our beds. excluding the communily respite bed. were occupied by residents who received
support from the charity to meet the shortfall in their fees with Ihe total eslimaled cost of this support £72,193.

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Volunteers
Volunteers conlinue to play a crucial role in enhancing the well-belng and quality of life for our residents. Their
contribulions go beyond the essential services provided by staff, bringing companionship, joy. and a sense of
community. Volunteers engage in various activities. spending time with residents and befriending Individuals,
organising and leading the shop Irolley, leading arts and crafts sessions. accompanying residents on outings,
holding religious services or even offering specialised skills like massage therapies. By dedicating their time and
enthusiasm, volunleers create an environment that promotes social inleraGlion. mental slimulalion, and emolional
support, ultimately making a significant positive impact on the overall happiness and contentment of residents at
Charlotle Straker House.
A number of our volunteers also supparl our fundraising commillee. helping to organise, plan and njn our
fundraising events. such as our Summer Fete. Craft Fairs, Family Fun Day and many olher events.
We currently have a number of volunteers who regularly commit their time and support lo the charity. We really
value and appreciate their commilmenl and recognise this yearly. Our aim is to rectuil more people as volunteers as
we recognise that this will further enhance our residents experience with us, and work is currently underway through
the Board to do so.
REPORT ON ACHIEVEMENTS, PERFORMANCE AND STRATEGY DEVELOPMENT
Achlevements and perfomiance
In order to monitor the charity's performance against agreed objectives. Ihe Trustees have established a number of
key performance indicators which are reviewed regularly. These cover both operational and financlal performance
and are measured monthly, quarterly, biannually or yearly dependant on when the data Is availabl8.
We Include information on our performance and achievements in our quarterly newsletters to ensure transp8￿n
to the public, and this information can also be found on our website if a hard copy is not available.
Central to everything the charity does are our values. These describe how the charity worf(s together and behaves
wilh residents. staff, volunteers, Trustees and other stakeholders. We reviewed our values during the year. Our new
values been arranged under the memorable acronym FAMILY. To us FAMILY means that whether you're a rèsident,
staff member, volunteer, relative or visitor. we believe you are part of our Charlolle Slraker family, and this family is
at the heart of everything we do. We care for each olher. offering support, compassion and warmlh. Like a family,
we try lo make sure that everyone feels included in a way Ihal they feel ￿aSsured and c￿Mfortable. To us FAMILY
means..
Focus on You
Achieving Excellen
Make 'every day beller,
Integrity
Linking to the Wider Community
. Your Home. Your Choi
We continue to focus on enhancing our residenl's lives and ensuring their welkbeing. The last year has seen us
continue to celebrate many birthdays at Charlotte Slraker. wilh Ihese including that of our oldest resident who is now
102. He enjoys every day he lives in our home. sharing many stories from his past as part of an Ammunitions
Inspection team, and many wariime experiences, induding a narrow escape from German Junkers planes during an
ammunition run. After his military Se￿ICe. he described how he returned to Whitley Bay and worked in ACAS as a
civil servant. He and his wife raised four children and even after his wife sadly passed away, he remained
independent in his Whitley Bay home for 13 years before joining us here at Charlotte Straker. His ￿cret to
longevily? "Wine gums" _ what a treat when Maynards sent him a celebration box to keep him goingl
We continue to organise oulings for our residents to promote their independence. During the past yEar these have
included visils lo the theatre to watch musicals, to national Music venues to watch a symphonic orchestra. beach
outings, and visits to a local garden ￿ntre to name only a few.

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Each year we hold a fete within Ihe grounds of our home not just to raise funds for Charlolte Slraker and other local
charilies bul also lo raise our profile in the community and share wilh Ihe public what our welcoming home is all
about. This year was exceptional as we were lucky enough to have Brenda Blelhyn our own local 'Vera' open our
Fete wilh her police whistle. This was a great event and certainly increased the visitors to Corbridge in June 2024.
We recognlse the important role that our staff team play in making a positive differen￿ to the lives of our residents.
In order to celebrate their achievemenls, we have inlroduced a Staff Awards and Recognilion scheme. Staff who are
selected always receive a personal gifl from the charity as recognition of our appreciation for the work Ihey do wilh
us. As a result of feedback we received from staff during the year we altered and improved the induction process we
follow for of newly appointed staff. Since ils implementation this has been r&evaluated and has received excellent
feedback.
We continue to ensure our home is as safe as possible for slaff and ￿$￿dents. During the year our landlords, Home
Group, upgraded fire safely syslems lo all roof spaces within the care home. We also upgraded the glass panelling
to the nurses, station on the ground floor of the home. The laller work has provided a beller environment for our
nursing and care slaff to update records. Outside the care home Home Group also renewed all the bungalow roofs.
resulting in the properties looking brand new. As this work was completed whilst the bungalows were occupied
Home Group worked clos85y wilh us to keep the dlsruplion to our tenants to a minimum.
Other work undertaken outside the home during ihe year has also seen the completion of a project lo improve our
garden area. This included the implementation of a robot mower. the recruitment of additional volunteers to plant
and weed and a new awning installed over our outside decking area to shade our residents in Ihe sun. We also
employed a new gardener, and all these works have substantially improved our external environment
Plans for Future Perlods
Following a review of the Charity's governance structure the roles of the prewous Strategic Oevebpmenl and
Finance Committees have been ¢ombined into a single Slralegic and Finance Committee, which met on a number
of occasions during the year.
Both Chaflotle Slraker House and the bungalows are owned by Home Group (as landlord) and managed by the
charily. as their managing agent, under the terms of two separate Managemenl Agreements whlch set out the
respective responsibilities of both Home Group and the charity.
Home Group have previously advised that they do not want lo make further subslanlial capital investment in the
care home given ils age and the fact that the site has been intensively developed lo dale. Work within the Strategic
and Finance Committee has included looking at ways of securing the chaTity's longer term financial suslainabilily
whilst acknowledging the slance that has been adopted by Home Group. and Ihis work continues.
lfvhilst the above work Is ongoing, we have continued with our previously agreed approach to build long term
relationships with Trusts and individuals alike wherever possible. so as to mainlain the financial support needed to
meet our charilable objectives. We decided lo Gonlinue our approach of seeking larger donations from Trusts over a
three-year period wherever possible. We have also conlinued lo seek donalions against specific needs al a smaller
contribution level.

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
FINANCIAL REVIEW
Financial position
The charity's principal source of income continues to be the fees and rents that it receives in respect of the 32
residential care home rooms
plus eight bungalows which together make up the Charlolle Straker Project.
Occupancy for the care home for the year was 96.4% (2024: 96.20A). All the bungalows were fully occupied
throughout the year.
Additional income is also derived from fundraising activities including grants from various other charities and
charitable trusts.
Total incoming funds from our care home rooms and bungalows were £2.121,014 {2024'. £2,015,327). A further
£144,496 (2024: £872,522) of funds were also received in respect of grants, donations and legacies. Total funds
re￿iVed from legacies were £3.589 (2024: £703.811) with these the balance of a single legacy from a prior year
{2024- 3 legades received).
Overall, the year has seen a nel inflow of funds of £11.541 (2024.. net inflow £777.198) exduding reslricted funds,
transfers be￿een funds and movement on investments. with tha change from the perf0mlan￿ as reported In the
prior year reflecting the reduction in legacies received.
There was also an unrealised gain of £7,529 {2024'. £23.231) shown in the value of our Inveslmanls.
As at the end of the year the charity had unrestrided reseNes. exduding designated reseNes, of£1,180,496 (2024:
£1,134,633).
Golng concern
Al the end of the financial year and after taking appropriate action, the Iruslees consider that the charity has
adequate resources to enable it to continue in operational existence for the foreseeable fulure. For Ihis reason, the
charity continues to adopt the going concern basis in preparing the financial stalements.
Reserves poll¢y
The Board of Trustees have resolved to hold money and readily realisable inveslments equivalent to three months
operating costs in the event that they have to wind down the charity and cease operations.
Trustees regularly review the level of reserves held against those required in accordance with this Policy, wilh the
latter figure being £601,024. As at the end of March 2025 actual free resenies (defined as those unreslricled
rese￿eS not designated for specific purposes or lied up in fixed assets) stood at £818,789 (2024.. £804,151) which
is in accordance with this Policy.
Reserves are represented by both fixed and current assets. and include monles placed on deposit atjj held in
investments.

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Fundralsing
This year saw significant progress in our fundraising and cA)mmunity engagement efforts, enabling us to enhan
the lives of our residents and secure the future of our care home. DuTing the year our activities focused on four key
objectives..
Supporting Resident Care Costs- We are committed to ensuring our residents can access the care they
need. This year, we successfully supported 21 local aulhorily-funded residents by bridging the gap belween
local aulhorily payments and Ihe actual cost of care. addressing critical "lop-up fee shorlfalls.. The cost of
this support was £72,193.
Reopening our Community Respite Care Bed.. This vital service was reopened in May 2024, due to a very
generous legacy. The respite care bed provides a crucial service to the local community, offering free of
charge short-lerm care to Ihose over 65 years of age. The setvice. which was booked up until September
2025 al the time of writing this report. supported a total of 26 residents during the year at a cost of
£56.462.There is a lack of affordable respite care in this area. and we are therefore proud to be alje to
offer such a vital service to those in need.
Enriching Resident Experiences.. We believe in providing a vibrant and stimulating environment for our
residents. Donations and granls have been instrumental in funding a diverse calendar of outings and
activilies, including transportation costs, ensuring residents can fully participate and enjoy these
experiences.
Enhanring the Living Environment: We embarked on an ambllious refurbishment project to modernize our
dining room and resident rooms. Funds raised are being used to create a slylish, comfortable, slimulaling,
and functional environment. directly improving the daily lives of our residents. During the year we
relaunched our Development Fund which we aim to ulilize to support future fundraislng for planned
improvements and enhancements such as these.
We secured several impaclful grants during the year totalling £108,911. These grants have been cwcial in enriching
residenl experiences and conlribuling lo the overall suslainabilily of our care home. These include grants received
from the Wlliam Leech Charity, W A Handley Charity Trust, The Barbour Foundalion. the Sir James Knotl Trust,
Northumbria University, the Hadrian Trust and the Hedley Denlon Charitable Trust. We are extremely grateful lo
these granl-making bodies for their invaluable support.
We are immensely grateful for the continued support of Ihe Roland Cookson Fund, which provided a granl of
£70.268 in 202412025. This recurring annual granl provides cwcial financial stabilily, allowing us to confidently plan
for the future and maintain our c￿MMitMent to exceptional care.
We had a successful year In community and indiwdual fundraising, hosling over len engaglng events and raising
£18,663. These funds support the services that we provide including projects to be funded via our Oevelopment
Fund. Events included an extremely well attended summer fete, ceilidh, and a fashion show, bringing our
community together to celebrate our mission and raise awareness. We thank all participanls, volunlears, and
donors for their invaluable conlribulions.
Investment pollcy and objectives
A review of the charily's investment policy was Ca￿led out in February 2019 when it was agreed to appoint Brewin
Dolphin, a professional fund management company as investment managers of £200,000 of reserves. This policy
was reviewed during the year when il was agreed to place a further £500,000 of monies with Brewin Ddphin. This
Investment reflects the amount that the Trustees feel is prudenl lo pla￿ longer temi with the objective being lo
achieve above inflation capital growih of inflation plus 2%.

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Risk management
The Trustees have a duty to identify and review the risks lo which the charily is exposed and to ensure appropriate
controls and ffliligaling actions are in place lo provide reasonable assurances against the consequences of fraud
and error. The Board of Truslees continues to review key risks. with oversight of an overall organisalional risk
register, and has an active and systematic risk management strategy.
The Strategic & Finance, and Qualily committees each hold a risk regisler which is updated and reviewed quarterfy.
Any risks which are raled 'high'. with a risk score of over 15, are placed onto the organisalional risk register for
discussion at Board.
Currently identified key organisational business risks are-
Rlsk Identlfled
Mltlgatlon
Possibility of running out of cash -
increased costs andlor reduction in
income.
1.Continue to produce monlhly
management accounts - moniloring and
allowing for early inletvention
2. Resep4as Policy in placa- monitoied
monthly
3. Operational & Financial dashboard in
place
4. Estimated closure costs kept under
review and formally considered at least
annually.
5. Annual slaffing budget sot which
incorporates any agency & overtime costs
6. Admission roadmap active which
includes an assessment of financial
capacily
Charitable stalus - CSP is no longer able
to meet ils charitable objectives for
financial 01 other reasons
1.Agree number of protected charitable
b8ds to assist funding gap.
2. Oeliver charity servicos e.g CRB.
subsidised day caro
3. Continue to negotiate fe& incr8asGs via
NCC
4. Work with local partnersl MPSI Parish
Councillois lo inform policy and raise
awareness of Objectives
5. Increase communications
Poor Health & Safety practices resulting
in a major event
All policios updated, monitor perfotm8nce
and cairy out iegular reviews o¥
documenls. All olicios held wilh QCS

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE GOVERNANCE AND MANAGEMENT
Governlng document
The Charlolle Straker Projecl is controlled by ils governing document. a deed of Injst, and constitutes a limited
company, limited by guarantee. as defined by the Companies Act 2008.
In the event of The Charlolle Slraker Projed being wound up. the individual liabilily of every member of the charity
shall nol exceed £1.
Charlty constitutlon
The Charlolle Slraker Project Is 8 charitable c￿MpanY limrted by guarantee, registered al Companles House,
incorporated on 16 Oclober 1992 and regislered as a charity on 17 May 1993. The objects and powers of the
charity are as set out in the Arliclas of Asso¢iation.
The address of the principal office of the charity. and the address of Its regislered offi￿. is Charlotte Straker House,
Cookson Close, Corbridge, Northumberland NE45 5HB.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to
the dale of signature of the financial statements were:
Ms B Groves (Chair)
Mr GM Black (Vice Chair)
Ms EJ Hastings (Company Secretary)
Mrs J Iley (Treasurer)
Dr W Cunningham
Ms L Woodcock
Ms MA Gordon
Mr H McKendrick
Mr D Chesser
Mr B Dowdeswell
Ms MA Wagstaff
Mr NE Brailhwaite
Ms MEAJones
Mr D Ainslie
Ms JE Lighlley
(Appointed 10 October 2024)
(Appointed 17 March 2025)
{Appoinled 22 April 2025)
(Resigned 1 April 2024)
(Resigned 1 April 2024)
(Resigned 10 October 2024)
(Resigned 10 October 2024)
(Resigned 17 March 2025)

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Trustee Induction & Support
We regularly review and update our induclion and training for new Trustees. the last such update was April 2024.
Any prospective appointment of a Trustee is discussed al a Nominations Committee and then presented to the
Execulive Committee before an approach is made. If the proposal is agreed the Chair meels wilh the potential new
Trustee, to discuss the work of the charity and the role of a Trustee. An 'lnlroduclory Pack, of information is provided
and helshe is invited to attend the following Executive Commillee meeling as an obsetver and introduce Ihemselves
lo the Board ofTrustees.
Included in the Inlroduclory Pack the new Trustee is directed to the relative Charity Commission webslte and
seclion on the responsibilities of a Twstee.
Followlng the Executive Meeting the Trustees will discuss the appointment once more and if agreed as suitable and,
subject to all necessary checks being completed. the person will be inviled to become a Trustee. New Trustees
attend induction training sessions run by the Chair and others which cover the obligalions of Trustees, Safeguarding
training. the main documents which set out the operational framework for the charity. regulatory reports, the current
rinancial position including the latest audited accounts, management accounts and future plans and objectives.
Each new Trustee Is appointed a mentor to provide specAfic support for Ihelr area of expertise.
Annual appraisals and 1:1s take place belween Ihe Chalr and Trustees. Following the completion of these during
2024125 Truslees have agreed lo hold a Board development session during 2025126 to future proof our roles, Thls
will include further development of Trust88 job descriplions and our induction process.
Training courses are made available to our Board and infomiation from Charity Commission and our own Solicitors
Is circulated as received to provide Trustees wilh upto-date infomialion regarding charity law matters.
Organlsallonal structure
The directors of The Charfotle Straker Project are also Trustees of the charity. They are known as the Executive
Commillee. Each year at the AGM a number of the longest serving members retire, by rolalion, and belng eligible
and assuming willingness, may offer themselves for re-election. A term of office is recommended as nin8 years
however if Trustee5 are willing to continue and have valuable skills Ihey are eligible to be re-elected.
The Executive Committee continues lo meet every quarler. The Executive Commillee meetings are also allended
by the Chief Executive Officer and Registered Home Manager. to whom day to day responsibility for the delivery of
care and the running of Ihe ¢are home is delegaled. This responsibility includes managing the appropriate
budgetary areas sel out by the Treasurer and Chair. this is documented in our finandal regulations policy. Neilher of
these posts have voting rights.
On the Board we have a:
Chair
Wice Chair
Treasurer
Company Secrelary
Trustees reviewed the Commillee Structure al the Board Development session held in My 2024 and, lo reduce
duplication, agreed from October 2024 10 implement the following sttuclure to support the charity's business.
There are three main committees: _
Strategic Development & Finance Committee (S&FC) - Chair Gavin 81ack
Qualily Committee (QC)- Chair Maureen Gordon
Nominations & Governan￿ Committee (NC & G) - Chair Berenice Groves
A sub meeling of Slralegic & Finance meels regularly to discuss fundraising opportunities and plan events. Other
meetings, including for specific 'task and finish groups and markelinglcommunications. are held as required.

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The current Board & Committee Structure is as sel out below..
.1
Taking into consideration the nature of the work Ihal Ihé charity undertakes, the Executive Committee seek to
ensure that the needs of the sector of the community that il senies are appropriately reflecled through the diversily
of the Trustee body and Ihal collectively the Trustees have the skills required enabling the organisalion to operate
effectively. This is an ongoing process, as is an endeavour to anlicipale succession planning for the Truslee cohort.
The process for the appointment. and subsequent Inductlon, of trustees has been updated. The appointment
process is managed by the Executive Commillee. Where a va¢ancy occurs. Ihis process involves reviewing the
Current skillset on the Committee and looking to augment where appropriate. Current Trustees come from very
diverse backgrounds and therefore have several skills to offer the charity. These include medical, clinical, legal,
financial, property and managerial skills as well as specific skills in safeguarding and care provision and therefore
there is an excellenl rapr8senlalion on the Executive Commillee.
During the year five Truslees resigned whilst two new Trustees were appointed. A further appointment was made in
April 2025, after the financial year end. The charity currently has a total of ten Trustees details of whom can be
found on ourwebsile.
10-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Statement of trustees, responsibilities
The truslees. who are also the directors of The Charlotle Straker Project for the purpose of company law. are
responsible for preparing the Truslees, Report and the financial slalemenls in accordan￿ wilh applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees lo prepare financial statements for ead) financial year which give a Irue and fair
view of Ihe state of affairs of the Gharily and of the incoming resources and application of reSoUr￿s, including the
ncome and expendilure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to-
select suitable accounting policies and then apply them consistently:
- observe Ihe methods and prlndples in the Charities SORP;
make judgements and estimates that are reasonable and prudenl:
slate whether applicable UK Accounting Standards have been followed. subject to any material departures
disclosed and explained In the finan¢lal statements: and
prepare the financial slalemenls on the going concern basis unless it is inappropriate to presume that the charily
will continue in operation.
The trustees are responslble for keeping adequate accounting records that disclose with reasonable accuracy al
any lime Ihe financial position of the charily and enable them to ensure that the financial slalements comply wilh Ihe
Companies Acl 2006. They are also responsible for safeguarding the assets of Ihe charity and hence for taking
reasonable steps for the prevention and detection of fraud and other Ifregularilies.
Audltor
In accordance wlth Ihe company's articles, a resolution proposing that Sumer Auditco Limited be reappointed as
auditor ofthe company will be put at a General Meeting.
Dlsclosuro of Informatlon to audltor
Each of the trustees has confirmed that there is no information of which they are aware whl¢h Is relevant to the
audit, bul of which the auditor is unaware. They have further confirmed that they have taken appropriale steps lo
Identify such relevant information and lo establish that the auditor is aware of such information.
The trustees, report was approved by the Board of Trustees.
Ms B Groves (Chalr)
Trustee
11 September 2025
11

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF THE CHARLOTTE STRAKER PROJECT
Opinion
We have audited the financial slalements of The Charlotte Slraker Project (the 'charity') for the year ended 31
March 2025 which comprise the slalement of financial activities. the balance sheet. the statement of cash flows and
notes to Ihe financial statements. including significant accounting policies. The financial reporting framework that
has been applied in their preparation is applicable law and United Kingdom Accounting Standards, induding
Financial Reporting Standard 102 Th6 Financial Reporting Staiidard applicable in Ihe UK and Ropublic of Iroland
(United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements..
give a true and fair view of the slate of the charitable company's affairs as al 31 March 2025 and of its
incoming resources and application of resources. including its income and expenditure, for the year then
have been properly prepared in accordance with Uniled Kingdom Generally Accepted Accounting Practi￿.
and
have been prepared in accordance with the requlremenls of the Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with Inlernational Standards on Auditing (UK) (ISAS (UK)) and applicable
law. Our responsibilities under those standards are further described in the Audilorfs responsibilities for Ihe audil ol
the fiiiancial statements section of our report. We are independenl of Ihe charily in accordance with Ihe ethical
requirements that are relevanl 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. W8 bèlieve
that the audit eviden¢e we have obtained Is sufficient and appropriate to provide a basis for our opinion.
Concluslons relatlng to golng ¢on¢ern
In audiling the financial slalements. we have conduded that the trustees, use of Ihe going concem basis of
accounting in the preparation of the financial statements is appropriata.
Based on the work we have performed. we have not identified any material uncertainties relaling lo evenls or
conditions that, individually or colleclively, may cast significant doubt on Ihe charity's ability lo continue as a going
concarn for a period of at least twelve months from when Ihe financial statements are aulhorised for issue.
Our responsibilities and the responsibilities of the twslees with respect lo going concern are described in the
relevant sections of this report.
Other informatlon
The other information comprises the information included in the annual report olher Ihan the financial slalemenls
and our audilorfs report Ihereon. The Iruslees are responsible for the other information conlained wilhin the annual
report. Our opinion on the financial slatements does not cover the other information and, except to the exlent
othe￿Ise explicitly stated in our report. we do not express any form of assuran￿ conclusion thereon. Our
responsibility is to read the other information and, in doing so, consider whether the other information is materially
inconsistent with the financial statements or our knowledge obtained in the course of the audit. or othe￿iSe appears
to be materially misstated. If we identify such material inconsistencies or apparent material misstatements. we are
required to determine whether this gives rise lo a material misstatement in the financial slatements themselves. If,
based on the work we have performed, we conclude that there is a material misstatement of this other information,
we are required to report that facl.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of our audil..
the information given in the trustees. report for the financial year for which the financial statements are
prepared, which includes the directors, report prepared for the purposes of company law, is consistenl with the
rinancial slatemenls. and
the directors, report included within the trustees, report has been prepared in accordan￿ with applicable legal
requirements.
12-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF THE CHARLOTTE STRAKER PROJECT
Matters on whlch we are requlred to report by exceptlon
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the
audit, we have not identified material misstatements in the directors, report included within the trustees, report.
We have nothing to report in respect of Ihe following matters in relation to which the Companies Act 2006 requlres
us to report to you if, in our opinion-
adeouale accounting records have not been kept, or returns adequate for our audit have not been received
from branches nol visiled by us., or
the financial statements are not in agreement wlh the accounting records and relums., or
certain disclosures of trustees. remuneration specified by law are not made. or
we have not received all the information and explanations we require for our audit., or
the tmstees were not entitled to prepare Ihe financial slatements in accordance with the small companies
regime and take advanlage of the small companies. exemptions in preparing the trustees, report and from the
r8quirement to prepare a strategic report.
Responsiblllties of trustees
As explained more fully in the slalement of trustees, responsibilities, the trustees, who are also the directors of the
charity for the purpose of company law. are responsible for the preparation of the financial slaternents and for belng
satisfied Ihal they give a true and fair view, and for such Internal control as the Irusleès determin6 Is necessary lo
enable the preparation of financial statements that are free from material misstatement, whether due to fraud or
error. In preparing the financial statements, the Iruslees are responsible for assessing the charily's abilily to
continue as a going con￿rn, disclosing, as applicable, matters related to going concern and using the going
concern basis of accounting unless the trustees either intend lo liquidate the charitable company or lo cease
operatlons. or have no realistic alternallve but lo do so.
Aud5t0￿3 re8pon8lbllltle8 for the audlt of the flnanclal statement8
Our objectives are lo oblain reasonable assurance about whelher Ihe financial statements as a whole are free from
material misstalemenl. whelher due to fraud or error. and lo issue an audilor's report that includes our opinion.
Reasonable assurance is a high level of assurance but is not a guarantee Ihal an audit conducted in accordan
with ISAS {UK) will always delect a material misstatement when it exisls. Misstatements can arise from fraud or
error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence
the economic decisions of users laken on the basis of these financial statements.
The extent to which our procedures are capable of detecling irregularities. Inrjuding fraud, is detailed below.
13-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF THE CHARLOTTE STRAKER PROJECT
Capability of the audit in detectlng irregularities, including fraud
Based on our understanding of the charitable company and the seclor in which it operates. we identified that the
following laws and regulations are significant to the entity:
Those laws and regulalions considered to have a direct effect on the financial statements including UK
financial reporting standards. Company Law and Charity Law.
Those laws and regulations for which non-compliance may be fundamental to the operating aspects of the
charity and therefore may have a material effect on the financial statements include compliance wilh
charitable objectives, public benefit. fundraising regulalions. safeguarding, health and safety legislation and
Care Qualily Commission- Health and Social Care Ad.
These matters were discussed amongst the engagement leam at the plannlng stage and the leam remained a18rt
Ihroughoul the audit.
Audit procedures undertaken In response to the potential risks relating to irregularities (which Include fraud and non-
compliance wilh laws and regulalions) comprised of- inquiries of management and the Trustees as lo whether the
enlily complies with such laws and regulations; enquiries wilh the same concerning any actual or potential liligalion
or claims: inspection of relevant legal Corresponden￿ and legal costs incurred: review of Trustee meeting minutes:
testing the appropriateness of journal enlries: and the performance of analytical review to idenlify unexp&cted
movements In account balances which may be indicative of fraud.
No instances of materlal non-compliance were identified. However, the likelihood of deledlng Irregularities, including
fraud, is limited by the inherent difficulty in detecting irregularities. the effectiveness of the enlily's conlrols, and the
nature, liming and extent of the audit procedures performed. Irregularities that result from fraud might be inherenlly
more difficult to detect than irregularities that result from error. As explained above, there is an unavoidable risk that
material misslalemenls may not be detected, even though the audil has been planned and performed in accordanca
with ISAS (UK).
A further description of our responsibilities is available on the Financial Reportlng Council's website at.. https'.11
www.frc.org.uklauditorsresponsibililies. This description forms part of our auditols report.
Use of our report
This report is made solely lo the charitable 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 slate to the charilaue company's
members those matters we are required lo slate to Ihem in an auditor's report and for no other purpose. To the
fullest exteni permilled by law, we do not accept or assume responsibility to anyone other than the charitable
company and the charitable Company's members as a body, for our audil work. for this report, or for the opinions we
have formed.
Mr Step
en Slater {Senlor Statutory Auditor)
for and on behalf of Sumer Auditco Llmlted
statutory Auditor
Unit 2
Newcastle upon Tyne
NE12 8EG
Date..
14-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
Currènt flnanclal year
Unrestricted Unrestricted
funds
funds
general Designated
2025
2025
Restrl¢ted
funds
Total
Total
2025
2025
2024
Notes
Income and endowment8 from:
Donations and legacies
Charitable aclivilies
Other trading aclivilies
Inveslmenls
Other income
93.448
2,121.014
2.144
24.426
28.274
20.370
30.678
144,496
2.121,014
18,663
24,426
28,274
872,522
2.015,327
15,046
11,621
3,705
16.519
Totsl income and
endowments
2.269.306
36.889
30,678
2,336,873
2.918,221
Expendlture on:
Raising funds
Charilablè aclivllies
Other expenditure
313
2,235,117
1,177
3,036
57,268
3,349
2.327,746
1.177
6,038
2.134,985
35.361
14
Total expendlturé
2,236.607
60.304
35.361
2.332,272
2.141,023
Net gainsl(losses) on
Investments
15
14,469
14,469
23,231
Net Incomel(8xpendltur8)
47,168
(23.415)
(4.683)
19.070
800,429
Transfers between funds
(1.305)
{300)
1.605
Net movement In funds
11
45.863
(23.715)
(3.078)
19,070
800,429
Reconciliation of funds:
Fund balances at 1 April 2024
1,134.633
711,110
32,285
1,878,028
1,077.599
Fund balances at 31 March 2025
1.180.496
687,395
29,207
1,897.098
1,878.028
The slalemenl of financial activities includes all gains and losses recognised In the year. All Income and expenditure
derive from continuing aclivilies.
15-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIALACTIVITIES (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Prior financlal year
Unrestricted Unrestricted
funds
funds
general Designated
2024
2024
Restrlcted Endowment
funds
funds
Total
2024
2024
2024
Notes
Income and endowments
from:
Donations and legacles
Charitable activities
other trading aclivilles
Investments
Other income
109,202
2.015,327
9,651
11,492
3,705
726,464
36,856
872,522
2,015.327
15.046
11.621
3.705
5,374
21
129
Total Income and
endowment8
2.149.377
731,838
36,877
129
2.918,221
Expendlture on:
Raising funds
Charllable aclivilles
4,554
2.065,229
1,484
32,779
6,038
2,134,985
36,977
Total expenditure
2,069,783
34,263
36,977
2,141.023
Net gainsl(losses) on
invèslments
15
23.345
(114)
23,231
Not Incomel{expendlture)
102.939
697,575
{100)
15
8LK1,429
Transfers between funds
5,956
{5.956)
Net movement In fund8
11
102,939
697.575
5,856
{5,941)
800,429
Reconclllatlon of funds:
Fund balances al 1 April 2023
1,031.694
13.535
26,429
5,941
1,077.599
Fund balances at 31 March 2024
1,134,633
711.110
32.285
1.878,028
16-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Notes
Flxed assets
Tangible assets
Investments
17
18
361,707
760,351
360,587
239,299
1,122,058
599,886
Current assets
Deblors
Investments
Cash al bank and in hand
19
20
61,875
5,900
850,433
58,591
11,128
1,347,583
918,208
1,417,302
Credltors: amounts falllng due wlthln
one year
21
{143.168)
(139,160)
Net current assets
775.040
1,278.142
Total assets le88 current liabilities
1.897,098
1.878.028
Income funds
Restricted funds
Designated unrestricted funds
General unreslricted funds
23
24
26
29,207
687,395
1,180,496
32,285
711,110
1,134,633
1.897.098
1.878.028
The financlal slalements were approved by the Trustees on 11 September 2025
Ms B Groves (Chalr}
Trustee
Mrs J Iley (Treasurer)
Trustee
Company registration numbgr 02756650
17-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operating activities
Cash gen&raled from operalions
30
27.118
799,113
Investlng actlvltlès
Purchase of tangible fixed assets
Purchase of Investments
Proceeds from disposal of inveslments
Inveslmenl income received
(47.339)
(589,301)
87,946
24,426
(11,042)
(27,964)
30,410
11,621
Net cash (used In)Igenerated from Investing
actlvltles
(524.268)
3,025
Net cash generated from financlng actlvltles
Net {decreaselllncrease in cash and cash
equlvalents
{497.150)
802,138
Cash and cash equlvalents at beginning of year
1.347.583
545,445
Cash and cash equlvalents at end of year
850.433
1,347,583
18-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policles
Charlty Informatlon
The Chaflotte Straker Project is a private company limited by guarantee incorporated in England and Wales.
The registered office is Charlotte Straker House, Cookson Close, Corbridge, Northumberland, NE45 5H8.
1.1 Accounting convention
The financial statements have been prepared In accordance with the charity's governing document, the
Companies Act 2006, FRS 102 'The Financial Reporting Slandard applicable in the UK and Republic of
Ireland" {"FRS 102.1 and the Charilies SORP "Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The
charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in slerfing, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded lo the neafesl £.
The financial slalements have been prepared under Ihe historical cosl convention. modified to include the
revaluation of certain finan￿31 instruments al fair value. The principal accounling policies adopted are set out
below.
1.2 Golng concern
At the lime of approving the financial slalements. Ihe Irustees have a reasonable expectation that the charity
has adequate resources to continue In operalional existence for the foreseeable future. Thus the trustees
continue to adopi the going concern basis of accounting in preparing the financial statements. The Board has
concluded that Ihe going concern assumplion is appropriate in preparing Ihese financial statements,
1.3 Charltable funds
Unreslricled funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Designated funds a￿ ￿n￿Stricted funds that have been set aside by the trustees for particular purposes.
Reslricled funds are subject lo specific conditions by donors or grantors as lo how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are assets which must be held by the charity, PTincipally inveslmenls, the income arising
from which can be used in accordance with the objectives of the charily and is included as unreslricled
income. Any capital gains or losses arising on inveslmenls, form part of the fund. Investment management
charges and legal advi￿ relating to the funds are charged against the fund. Further information of Ihe nature
and purpose of Ihis fund is induded in the noles to the financial statements.
1.4 Income
Income is recognised when the charity is legally entilled to it after any performance conditions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised onc£ the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations recEived under Gift Aid or deeds of covenant is recognised at the time of the donation.
Grants where entitlement is not conditional on the delivery of a specific performance by the chariiy are
recognised when Ihe charily becomes unconditionally entitled to the grant. IM)ere grants are conditional to
performance and specific deliverables. the granl is accounted for as the charity earns the right to
consideration by ils perfonnance.
19-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting pollcles
(Continued)
Legacies are recognised on receipt or othetwise if the charity has been notified of an impending dislribulion,
the amount is known. and Teceipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.
1.5 Expendlture
Expenditure is recognised once there is a legal or constiuclive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in selllement, and the amount of
the obligation can be measured reliably.
Expenditure accounted for on an accruals basis and ha dassified by aclivity. Direct costs altribulable lo a
single activity are allocated directly lo Ihal aclivily. INhere costs which contribute lo more than one aclivily
have been allocated to activities on a basis consistent with the use of resources.
1.6 Tanglble fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at Cost or valuation, nel of
deprecialion and any impairment losses.
Deprecialion is recognised so as to write off the cosl or valuation of assets less their residual values over their
useful lives on the following bases:
Leasehold Improvements
Fixtures and fitlings
Computers
3.330A slraighl line
200h reducing balance
33.3% reducing balance
The gain or loss arising on the disposal of an asset is determined as the dIffe￿nCe between the sale proceeds
and the Carrying value of the asset, and is re¢ognised in the statement of finandal a¢tivilles.
1.7 Flxed asset Inve8tments
Fixed asset investments are initially measured at transacllon price exduding Iransaclion costs. and are
subsequently measured at fair value at each reporting dale. Changes in fair value are recognised in net
incomel(expendilure) for the year. Transaction costs are expensed as incurred.
1.8 Impalrment of flxed assets
Al each reporting end date. the charity reviews the carrying amounts of its tangible assets lo determine
whether there is any indicalion that those assets have suffered an impairmenl loss. If any such indicalion
exists, the recoverable amount of the assel is estimated in order to determine the extent of the impairment
loss (if any).
1.9 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call wilh banks, other short-temi liquid
investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in cUr￿n1 liabilities.
1.10 Financlal Instruments
The charity has elected to apply the proTr4llsions of Section 11 'Basic Finaniaal Instruments. and Section 12
'other Financial Instruments Issues, of FRS 102 to all of its finanaal inslruments.
Financial inslruments are recijgnised in the charity's balance sheet when the charity becomes party to the
conlraclual provisions of the instrument.
Financial assets and liabilities are offset. with the net amounts presented in the financial statements. when
there is a legally enforceable right lo set off Ihe recognised amounts and there is an intenlion to settle on a nel
basis or to realise the asset and settle the liabilily simultaneously.
-20-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
{Continued)
Baslc flnanclal assets
Basic financial assets. which include debtors and cash and bank balances. are initially measured al
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the presenl value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Baslc flnanclal Ilabllltles
Basic financial liabilities, including creditors and bank loans are initially re¢ognlsed at Iransaclion price unless
the arrangement constilules a financing Iransaclion, where the debt instnjment is measured at the present
value of the fulure paymenls discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost. using Ihe effeclive interest rale method.
Trade creditors are obligations to pay for goods or services Ihat have been acquired in the ordinary course of
operations from suppliers. Amounts payable are dassified as current liabilities if payment is due wilhin one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised Inllially al
transaction price and subsequenlly measured at amoriised cost using Ihe effective interest method.
Derecognltlon of flnanclal Ilabllltles
Flnancial liabilities ar8 derecognised when the charily's contractual obligations expir8 or are discharged or
cancé118d.
1.11 Employee beneflts
The cost of any unused hollday entillem8nt is recognised in the period in which the employee's setvices are
received.
Termination benefits are recA)gnised immedialely as an expense when the charity is demonslrably commilled
to terminate the employment of an employee or to provide termination benefits.
1.12 Retlrement benefils
Payments to defined Contribution retirement benefit schemes are ¢harged as an expense as they fall due.
1.13 Lease8
Rentals payable under operating leases, induding any lease incentives received, are charged as an expense
on a straight line basis over the tem of the relevant18as8.
-21

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Crltlcal accountlng estimates and judgements
In the application of the charity's accounting policies. the ITuslees are required to make judgements, eslimales
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumpiions are based on historical experience and other factors thal
are considered to be relevant. Actual results may differ from these eslimales.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
estimates are recognised in Ihe period in which the estimate is revised where Ihe revision affects only that
period, or in the period of the revision and future periods where the revision affecls both current and fulure
periods.
Crltical ludgements
Assessing Indlcator8 of Impalmient
In assessing whether there have been any indicators of impairment of assets. the Iruslees have considered
both external and internal sources of information such as market CA)nditions and experienca of recoverabilily.
Key sources of esllmatlon uncertalnty
Determlnlng resldual values and useful economlc Ilves of tanglble flxed assets
The charily depreciates tangible fixed assels over their estimated useful lives. The estimation of the useful
lives of assets is based on historic performance as well as expectations about future use and therefore
requires eslimales and assumptions lo be applied by management. The actual lives of these assets can vary
depending on a variety of factors, including technological innovalion. produd life cydes and maintenance
programm6S,
Judgement is applied by trustees when determining the residual values for tangible fixed assets. When
determining the residual value trustees aim to assess Ihe amount that the company would currently obtain for
the disposal of the asset, if il were already of Ihe condition expecled at the end of ils useful economic life.
ere possible Ihls is done with reference to external market prices.
Incomè from donatlons and legacles
Currant flnanclal year
Unrestrfcted Unrestrlcted Restricted
funds
funds
funds
General Deslgnated
2025
2025
Total
Total
2025
2025
2024
Donations and gifts
Legacies receivable
Grants
23.180
6,781
3,589
10,000
2,035
31.996
3.589
108.911
35,897
703,811
132,814
70.268
28.643
93.448
20.370
30.678
144,496
872.522
-22-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from donatlons and legacies
{Contlnued)
Unrestricted Unrestrlcted Restrlcted
funds
funds
funds
General Deslgnated
2025
2025
Total
Total
2025
2025
2024
Grants recelvable for cora acllvltles
Community Foundalion
The Barbour Foundation
The W A Handley Charity Trust
Hedley Denton
The William Leech Charity
Hadrian Trusl
Northumbria Universily Newcastle
Sir James Knotl Trust
70.268
70.268
10.000
10,000
1.000
10,000
1.000
1,643
5,000
10.000
10.000
1,000
10.000
1,000
1,643
5.000
70.268
10.000
28,643
108,911
Prlor flnanclal year
Unrestrlcted Unre8trfcted Re8trlcted
funds
funds
funds
General Designated
2024
2024
Totsl
2024
2024
Donations and gifts
Legacies receivable
Grants
30.420
1.661
77.121
4.314
702.150
20.000
1,163
35,897
703,811
132.814
35,693
109.202
726.464
36,856
872.522
Grants recelvable for core actlvltles
Community Foundation
The Barbour Foundation
Workforce Grant
The Squires Foundation
The W A Handley Charily Tnjst
The Joicey Trusl
Hedley Denton
The Wlliam Leech Charity
Northumbria University Newcastle
The Ray Windfarm Fund CIC
Parkinson's Society
The W G Edwards Charitable
Foundation
77,121
77.121
10,000
2.846
10,000
10,000
1,000
2,000
10,000
2,647
5.000
1,000
10.000
2.846
10.000
10.000
1,000
2,000
10.000
2.647
5.000
1,000
1.200
1,200
77.121
20.000
35.693
132,814
-23-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from charitable actlvltles
Unrèstrlcted
funds
2025
Unrèstricted
funds
2024
Nurslng and care
Nursing and care
2.121,014
2,015,327
Other trading activities
Current financial year
Unrestrlcted Unrestricted Reslricted
funds
funds
fund8
General Deslgnated
2025
2025
Total
2026
2025
Fundraising evenls
2,144
16.519
18,863
Prfor flnanclal year
Unrestrfcted Unrestrlctad Restrlcted
funds
funds
funds
General De81gnated
2024
2024
Totsl
2024
2024
Fundralslng events
9,651
5,374
21
15,046
Income from Investments
Unrèstricted
funds
2025
Total Unrestricted Endowment
funds
funds
2024
2024
Total
2025
2024
Income from listed investments
Interest receivable
7.454
16.972
7.454
16,972
5,542
5.950
5,542
6,079
129
24.426
24,426
11,492
129
11.621
-24-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
other Income
Unrestricted Unrestricted
funds
funds
2025
2024
Other income
Insurance claims
1,444
26,830
3,705
28.274
3,705
Ralslng funds
Unrestrfcted Unrestricted
funds
funds
General Deslgnated
2025
2025
Total Unrestricted Unrestrlcted
funds
funds
General Deslgnated
2024
2024
Total
2025
2024
Other fundraising costs
313
3.036
3.349
4,554
1,484
6,038
313
3,036
3,349
4,554
1,484
6.038
Charltable acllvltle8
Resldentlal Resldentlal
and nur8lng and nurslng
2025
2024
Staff costs
Oepreciation and impaimient
Nursing and care
1.651,037 1,487,076
45,043
45,832
624,766
596,077
2.320,846 2,128.985
Share of governan￿ cKJsts (see note 10)
6,900
6,000
2.327,746 2,134.985
Analysls by fund
General unrestricted funds
Designated unrestricted funds
Restricted funds
2.235,117 2,065,229
57,268
32,779
35,361
36.977
2.327,746 2,134.985
-25-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10 Support costs
Govemanoe
costs
2025 Governance
costs
2024
Audil fees
6.900
6.900
6,000
6,000
6.900
6,000
6,000
Analysed between
Charitable activities
6.900
6,900
6,000
6,000
Governance costs includes payments to the auditors of £6.900 (2024.. £6,000) for audit fees.
11 Net movement In funds
2025
2024
The nel movement in funds is slated after chargingl{rAediting):
Fees payable for the audit of the charitls financial statements
Depreciation of owned tangible fixed assets
Loss on disposal of tangible fixed assets
6,900
45,043
1,177
6,000
45.832
12 Trustee8
None of the trustees (or any persons connected with them) received any remuneration or benefits from the
charily during the year (2024- none).
Trusteès. expenses
There were no trustees. expenses paid for the year ended 31 March 2025 (2024.. none).
Trustee indemnity insurance costs amounted to £7.874 (2024.. £10.146) during the year.
13 Employees
The average monthly number of employees during the yearwas:
2025
Number
2024
Number
Administrative
Key management
Nursing and care slaff
55
57
Tolal
66
65
-26-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Employeos
(Contlnued)
Employment costs
2025
2024
Wages and salaries
Social security costs
Other pension costs
1.496.829
116.550
37,658
1,362,202
91,132
33,742
1.651.037
1,487,078
There were no employees whose annual remuneralion was more than £60,000.
Remuneration of key management personnel
The key managemenl personnel of the charity Comprise th8 Chief Execulive Officer, Home Manager, Depuly
Manager and Office Manager.
The r8muneration of key management personnel was as follows:
2025
2024
Aggregate compensation
208.154
132,874
14 Other expendlture
Unrestrlcted Unrestrlcted
fund8
fund8
2025
2024
Net loss on disposal of langlble fixed assets
1,177
q5 Net galnsl(Ios8es) on Investments
Unrestricted
funds
2025
Totsl Unrestrictsd Endowment
funds
funds
2024
2024
Total
2025
2024
Revaluation of inveslmenls
Gainl(loss) on sale of investments
14,989
(520)
14.989
(520)
23.373
(28)
23,373
(142)
(114)
14.469
14.469
23.345
(114)
23,231
16 Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Acl 1988 or section
252 of the Taxation of Chargeable Gains Act 1992 to the extent Ihat these are applied to its charitable objecls.
-27-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Tangible flxed assets
Leasehold Flxturos and
Improvèmènts
fltllngs
Computèrs
Totsl
Cost
At 1 April 2024
Additions
Disposals
534.692
431,699
43,715
(11,418)
40,029 1.006,420
3.624
47.339
(11,418)
Al 31 March 2025
534,692
463,996
43,653 1.042,341
Depreclallon and Impalrment
Al 1 April 2024
Depreciation charged in the year
Eliminated in respect of disposals
287,078
16,294
328.973
24.812
(10.241)
29.781
3.937
645,832
45,043
(10,241)
Al 31 March 2025
303,372
343,544
33,718
680,634
Carrylng amount
Al 31 March 2025
231.320
120.452
9,935
361.707
At 31 March 2024
247.614
102,726
10,247
360,587
18 Flxed asset Investments
Llsted
Investments
Cost orvaluatlon
At 1 April 2024
Additions
Valuation changes
Disposals
239,299
589,301
14,989
(83.238)
Al 31 March 2025
760,351
Carrylng amount
At 31 March 2025
760,351
At 31 March 2024
239,299
-28-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
19 Debtors
2025
2024
Amounts falling due wlthln one year:
Trade debtors
Other debtors
Prepayments and accrued income
10.648
2,179
49,048
6,708
3.318
48,567
61,875
58.591
20 Current asset Investments
2025
2024
Unlisted investments
5.900
11,128
21 Credltors: amounts falllng due wlthln one y8ar
2025
2024
other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
27,983
36,977
58,178
20.032
21,331
44,625
51,657
21,547
143.168
139,160
22 Retlrement beneflt s¢hemes
2025
2024
Defined contribution schemes
Charge to profil or loss in respect of defined conlribulion schemes
37,658
33,742
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the charity in an independently administered fund.
-29-

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
23 Restricted funds
Current financlal year
Movement in funds
Incomlng
R•sour¢es
resources
oxpandBd
Balance at
l Aprll 2024
Transfers
Balance at
31 March 2025
Community Respite Bed
Community Foundation Staff Counselling
Fund
Refurbishment fund
Nursing training
The William Webster Charitable Trust
Pergola
Parkinsons Sociely
Shortfall
Aclivites for day care
11.000
(11.000)
2.221
26.041
(444)
(3,711)
(1.643)
(507)
{1,021)
1,777
24.935
1,000
1,643
1.605
2,121
1,200
702
1,614
179
702
15,000
2,035
(15.000)
(2.035)
32.285
30,678
(35.361)
1.605
29,207
Prior financlal year
Movement In funds
Incomlng
Rosources
resources
gxpondod
8alan¢e at
1 Aprll 2023
Transfers
Balan¢0 at
l Aprll 2024
Community Foundation Staff Counselling
Fund
Workforce
Rèfurbishment fund
Nursing training
The William Webster Charitable Twst
Pergola
Parkinsons Society
Shortfall
Activites for day care
2.778
(557)
(2,845)
(2,809)
(2.647)
(636)
2,221
2.845
2,000
2.647
20.894
5,956
26,041
2.757
2,121
1,200
702
1,200
1,021
21,000
6.164
(319)
(21,000)
(6.164)
26.429
36.877
{36.977)
5,956
32,285

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
23 Restricted funds
(Continued
Restricted funds relates to grants and donations received for the following specific purposes,.
Communlty Resplte Bed
Granl monies towards the cost of providing our free community respite bed.
Communlty Foundatlon Staff Counselling Fund
Grant monies from the Community Foundation for the sole purpose of staff C￿unSellIng sessions for members
of staff who have struggled working throughoul the Covid-19 pandemic.
Refurblshment fund
Funds received from the Sir James Knolt Trust and Norlhumberland County Council specifically for the
refurbishmenl of rooms and facilities within the home.
Nurslng Tralning
Grant monies from Northumbria University Newcastle towards Ihe Ix)sl of nursing training.
The William Webster Charitable Trust
Grants from William Webster to go towards the replacement of our bed railslrail bumperslexlenders. together
wilh cost of replacing a steam generated iron. The full amounl of Ihe grant was not spent at the one lime and
the balance was carrled fon¥ard to complete the replacement of the equipment.
Pergola
Grant lowards the costs of inslalling a pergola in the residents, garden area.
Parklnson8 Soclety
Grant to help with specific costs for residents with Parkinsons Dlsease.
Shortfall
Three reslricled grants from The Sir James Knolt Trust. The William Leech Charily and The W A Handley
Charity Trust to help fund the full cost of nursing and residenlial care for those residents who may be unable
to meet the cost of such accommodalion from their own means.
Actlvltles for Day Care
Donations received towards the cosl of providing activities provided as part of our day care service.
31

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
24 Designated unrestrlcted funds
The income funds of the charity include Ihe following designated funds which have been set aside out of
unreslricled funds by the trustees for specific purposes=
Current financial year
Movement in funds
Incomlng
Ro$our¢as
r•sour¢e8
èxpended
Balance at
AprS12024
Transfars
Balanca al
31 March 2025
Community Respite Bed
Capilal Asset Fund
Residents fund
Equipment fund
Staff welfare fund
Shortfall
Development fund
137.000
569,882
3,294
934
16,769
3.589
2,912
(46.462)
(916)
(1.460)
(350)
107,307
572,255
4,746
584
694
(300)
694
10,000
2,925
(10,000)
(1.116)
1,809
711,110
36,889
(60.304)
(300)
687,395
Prlor flnanclal year
Movement In funds
Incomlng
R8sourcDs
rnsources
OXPond&d
Balanc• al
1 Aprfl 2023
Tran8fars
8al8n¢g ot
Aprll 2024
Community Respite Bed
Capilal Asset Fund
Residents fund
Equipment fund
Staff welfare fund
Shortfall
137.000
565.000
9.708
137,000
569,882
3,294
934
9,031
3.131
1,373
{4,149)
(9.545)
(439)
(130)
{20.000)
130
20,000
13.535
731.838
{34.263)
711,110

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
24 Dèslgnated unyestrlcted funds
(Continued)
Community Respite Bed
The charity received two legacies during the year totalling £137,000. The Iruslees determined Ihal these
should be allocated lo a Designated Fund to cover the costs of providing a communily respite bed during
2024125 and beyond.
Capltsl Asset Fund
The chariiy received a very significant legacy of £565.000 during the year. The trustees determined thal this
legacy should be allocated to Ihe Designated Capital Asset Fund to be used for future refurbishment of Ihe
building.
Resident's Equipment Fund
For the replacement of existing equipment or purchase of new 8quipment is financed by an amount
designated in the budget or by specified fundraising events, grants, or unspecified donations.
Staff Welfare Fund
For donation to staff by residents and their families. It Is fully used each Christmas lo buy gift cards for staff.
Shortfall
The charity received two unrestricted grants during the year tolalling £20.000 during the year. The Trustees
determined that these grants should be allocated to a Designaled Fund lo help fund the full Cosl of nursing
and residential care for those residents who may be unable to meet the cost of such a¢¢ommodation from
Iheir own means.
Development fund
During the year the Board agreed to establish a designated Development Fund. Supported by dedicated
fundraising the monies raised are used to purchase essenlial equipment. new furniture and treats for the
residents.
25 General unrestrlcted funds
The unreslricled funds of the charity comprise the unexpended balances of donations and grants which are
nol subject to specific conditions by donors and grantors as to how they may be used and available for the
general work of the charity.
Current financlal year
At 1 April
2024
Incoming
resources
Resources
expended
Transfer8
Galns and At 31 March
losses
2025
General funds
1,134,633
2,269,306
(2,236,607)
(1,305)
14,469
1,180,496
Prior financial year
At l April
2023
Incomlng
resources
Resources
expended
Transfers
Gains and At 31 March
losses
2024
General funds
1,031.694
2.149.377
(2,069.783)
23,345
1,134,633

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
26 Analysis of net assets between funds
Current financial year
Unrestricted Designated Restricted
funds
funds
funds
2025
2025
2025
Total
2025
Fund balances al 31 March 2025 are represented
by:
Tangible assets
Investments
Current assetsl(liabilities)
327,035
760,351
93.110
6,167
28.505
361,707
760,351
775,040
681,228
702
1.180.496
687.395
29.207 1,897,098
Prior financlal year
Unrestrlcted Deslgnated Restrlcted
fund8
funds
fund8
2024
2024
2024
Tolal
2024
Fund balances al 31 March 2024 are represented
by..
Tangible assels
Investments
Current ass6tsl{liabililies)
330,482
239.299
564.852
5,516
24,589
360,587
239,299
7,698 1,278,142
705.594
1.134,633
711,110
32,285 1,878,028
27 Operatlng lease commltments
Lessee
Al the reporting end dale the charity had outstanding commitments for future minimum lease payments under
non-can¢ellable operating leases, which fall due as follows:
2025
2024
Within one year
Belween two and five years
3,414
2,160
6,692
6.956
5,574
13,648

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
28 Other Financial Commitments
Under a 60 year management agreement between Ihe Charlotte Straker Project and Home Group Limited
dated 1990, the charity, as successor lo the TrLtsl. is committed to make payments to Home Group Limited in
respect of management charges, major repairs provision and maintenance.
During thè year ended March 2011 the charity paid Home Group Limited £110,400 in relation to finance
charges in advance of the next 11 years. Each year a proportion of the advance payment accounting to
£10.036 is allocated to the finanual activities on a slraighl line basis. At Ihe end of 31 March 2¢Y23 the
provision for advanced finance charges has been fully released to the statement of financial activities.
2025
2024
Service charges
Property charges
24.438
102.837
22,876
95,444
29 Related party transacllon8
Transactlons wlth related partles
During the year the charity entered into the following transactions with related parties:
Donatlon8
2025
2024
Trustees
840
590
840
590
30 Cash generated from operatlon8
2025
2024
Surplus for the year
19,070
800,429
Adjustments for:
Investment income recognised in statement of financial activities
Loss on disposal of tangible fixed assets
Loss on disposal of investments
Fair value gains and losses on investments
Deprecialion and impairment of tangible fixed assets
(24.426)
1,177
520
(14,989)
45,043
(11,621)
142
{23,373)
45,832
Movements in working capital:
(Increase)Idecrease in deblois
Increasel{decrease) in creditors
(3,285)
4,008
22,839
(35.135)
Cash generated from operations
27,118
799,113

THE CHARLOTTE STRAKER PROJECT
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
31 Analysis of changes in net funds
The charity had no material debt during ihe year.