Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
**Company No: 02856983 Charity No: 1027444**
## **STRICKLANDGATE HOUSE TRUST LIMITED**
**(A COMPANY LIMITED BY GUARANTEE) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025**
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
CONTENTS
|Reference and administrative information|1|
|---|---|
|Report of the trustees|2|
|Independent examiner's report to the trustees|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the accounts|9|
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
REFERENCE AND ADMINISTRATIVE INFORMATION
(Company Number: 02856983) (Registered Charity Number: 1027444)
Trustees J Leigh Joint Chair M Belk Joint Chair W Wood (appointed 25 November 2025) S M Emmott C Ranshaw R Best D Sykes C Maycock (appointed 23 June 2025) (resigned 30 January 2026) Secretary J D Salmon Registered Office 92 Stricklandgate Kendal LA9 4PU Accountants MHA Chartered Accountants Kendal House Murley Moss Business Village Oxenholme Road Kendal LA9 7RL
Page 1
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
## REPORT OF THE TRUSTEES
The Trustees present their report and the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements of the charity.
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the Trust’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities applicable in the UK and Republic of Ireland published in October 2019.
## **Trustees of the charity**
The directors of the charitable company are its trustees for the purposes of charity law. The trustees who have served during the year and since the year end were as follows:
J Leigh Joint Chair M Belk Joint Chair S Emmott C Ranshaw R Best D Sykes W Wood (Appointed 25 November 2025) C Maycock (Appointed 23 June 2025) (Resigned 30 January 2026)
## **Objectives and Activities**
## **Objectives of the Charity**
The objectives of the charity are to promote and improve the efficiency and effectiveness of charities in direct pursuit of their objectives by the provision of premises and facilities for such charities. These charities provide public benefit to the local and wider community through a range of services and support including volunteering, charity start-ups, mental health services and support, addressing domestic violence, family support organisations, organisations for young people, community transport, a music charity, dyslexia diagnosis and support, conservation and redistribution of food from local sources and supermarkets and counselling services.
## **Principal activity**
The company is principally engaged in the provision of premises and facilities for charities and not-for-profit organisations working in the local community.
## **Organisational structure**
A Board of Trustees, of up to 8 trustees, who meet at least quarterly, administers the charity. Sub committees are in place to cover such issues as development and finance The Centre Manager is responsible for the day-to-day smooth running and management of the building and the trust. They report to the Joint Chairs.
The Project Board for the National Lottery Heritage Fund project Stricklandgate House 4 Sustainable Heritage: Where heritage meets the day-to-day continued to meet monthly as project development progressed. This board includes 2 Trustees, the Centre Manager, the project team and an independent volunteer expert.
The Policy Sub-Group met to review policies and propose updates.
## **Achievements and performance**
September 2025 found the Trust feeling more secure as tenancy remained stable. During the year, the building was home to 18 resident organisations with all lettable space filled. New resident organisations included Women’s Community Matters and One Vision doubled their space, taking on the vacant room remaining from Morecambe Bay Partnership’s departure. The remaining four Counselling rooms have doubled in use and the Conference and Meeting Rooms were increasingly popular.
Page 2
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
REPORT OF THE TRUSTEES _(continued)_
## **Achievements and performance (continued)**
Increased publicity and communications and a high-profile project has raised the awareness of the Trust and what it can offer our local community. Strategic networking has also developed over the past 12 months, with strong relationships emerging with Westmorland and Furness Council and other not for profit organisations.
A grant from Cumbria Social Enterprise Partnership allowed us to renew key IT infrastructure.
Following a slight shortage of Reception Volunteers, we have strengthened the team of Reception Volunteers with several new volunteers joining the Trust, filling gaps in the Receptionist rota, and providing invaluable support for the Trust and the resident organisations and their service users.
Our National Lottery Heritage Fund, Stage 1 Development Phase project progressed well. Architectural designs reached RIBA stage 3 and we received positive feedback on pre application planning advice. Community engagement activities continued, and pilot activities progressed. The team steadily worked through all the requirements in readiness for a Delivery Phase application for circa £5million in February 2026. Our match funding requirement of £820k started well with successful applications to the Frieda Scott Trust for £200k, Kendal Town Council for £50k, and Cumbria Community Foundation for £60k. We received confirmation of support from Westmorland and Furness Council for £200,000, pending a complete application.
Conscious of our responsibility for climate change, the Trust now has an Environmental Policy and Action Plan and is Bronze accredited.
During this financial year lettable space was fully occupied and we continued to see strong meeting and counselling room hire. September 2025 sees the Trustees confident for the future of the service we offer to local charities and charitable organisations and for our beautiful old building which has been part of Kendal’s heritage since 1760. The project development process has broadened the understanding and ambitions of the Trustees in terms of what we can offer our local charitable and voluntary organisations. There is now much more emphasis on the professional support and networking opportunities that the Trust can provide or host beyond making available affordable office accommodation. To this end, the Trustees have approved additions to our chartable objects that will be proposed to the Charity Commission. The Trust also recognises that SGHT can play a more strategic role in the local charitable and community sector.
The board have had due regard to guidance published by the Charity Commission on Public benefit.
## **Plans for Future Periods**
The financial year 2024/25 has felt more stable, despite continued challenges due to high repair and maintenance costs and continued high utilities costs. Our investigations into the condition of the building has focused the energies of the Trustees and the Centre Manager in addressing issues of inefficient and aging building services, deteriorating infrastructure and accessibility, as well as the potential for the better use of space in the modern annex.
Our Stage 1, Development Phase application is allowing the Trust to explore in detail how we can secure and future proof the building and the Trust and enhance our support for the charity and voluntary sector and our communities for the next 50 + years. The Development Phase of our project is taking a significant amount of time and effort, but should our Delivery Phase application be successful, we will enable significant capital investment into Stricklandgate House and the Trust and secure its long-term future.
## **Financial review**
## **Reserves policy**
The Trust aims to hold sufficient reserves to cover future repairs to the building and ongoing administration costs. Any reserves held in excess of these requirements are applied towards capital improvements to the facilities.
At the year end, free reserves totalled £24,828 (2024: £755). Of this balance, £15,343 (2024: £20,430) relates to long-term loan liabilities that are not repayable within 12 months of the balance sheet date. After excluding these amounts, free reserves were £40,171 (2024: £21,185).
## **Investment Policy**
The Trustees do not envisage the charity holding investments in the foreseeable future.
Page 3
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
REPORT OF THE TRUSTEES _(continued)_
## **Fixed Assets**
The principal items of capital expenditure are set out in note 7 to the financial statements.
## **Structure, Governance and Management Constitution**
Stricklandgate House Trust Limited is a company limited by guarantee and a registered charity governed by its Memorandum and Articles of Association dated 27 September 1993.
## **Recruitment and appointment of Trustees**
The Trust maintains a cross section of experience from Trustees that covers general management, building services, property management, finance, and the voluntary sector. When a vacancy occurs for a Trustee role then the Trust utilises the experience, knowledge, and networking skills of the Trustees to fill the vacancy. The Trustees are then given responsibilities for particular areas of activity as well as their overall Trustee roles.
With the resignation of the Joint Centre Managers, the Trust began recruitment processes for a full-time manager, which attracted a high caliber of applicants.
## **Risk Management**
The Trustees have identified the major risks to which the charity is exposed. These risks have been reviewed and systems established to manage them. In keeping under review the charity’s activities, Trustees are mindful of the potential for any changes to the present range of risks and will adjust systems when and where required.
## **Trustees’ Responsibilities**
The Trustees (who are also directors of Stricklandgate House Trust Limited for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP 2019 (FRS 102);
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **J Leigh – Director**
Date: May 18, 2026
Page 4
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
**INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF STRICKLANDGATE HOUSE TRUST LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2025**
I report to the charity trustees on my examination of the accounts of the company for the year ended 30 September 2025 which are set out on pages 6 to 17.
## **Responsibilities and basis of report**
As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
**Jack Steer BA(Hons) FCA Independent Examiner** Kendal House Murley Moss Business Village Oxenholme Road Kendal Cumbria LA9 7RL
**Date**
May 18, 2026
Page 5
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
STATEMENT OF FINANCIAL ACTIVITIES (including Income and Expenditure Account)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
|**Income and endowments from:**
Grants and donations
**3**
Letting Income
Other income
**4**
**Total income and endowments**
**Expenditure on:**
Charitable activities (excluding depreciation)
**Total expenditure**
**5**
**Net income before other recognised**
**gains and losses**
Depreciation
**7**
Net income for the year
Transfer between funds
**11**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Total**
Total
**Unrestricted**
**Restricted**
**funds**
funds
**funds**
**funds**
**2025**
2024
**£**
**£**
**£**
£
**947**
**223,909**
**224,856**
31,544
**96,732**
**-**
**96,732**
90,558
**64,696**
**-**
**64,696**
34,698|
|---|---|
||**162,375**
**223,909**
**386,284**
156,800|
||**135,524**
**231,131**
**366,655**
158,022|
||**135,524**
**231,131**
**366,655**
158,022|
||**26,851**
**(7,222)**
**19,629**
(1,222)
**(15,427)**
**-**
**(15,427)**
(14,384)|
||**11,424**
**(7,222)**
**4,202**
(15,606)
**2,166**
**(2,166)**
**-**
-|
||**13,590**
**(9,388)**
**4,202**
(15,606)
**482,913**
**29,799**
**512,712**
528,318|
||**496,503**
**20,411**
**516,914**
512,712|
|||
Page 6
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
## BALANCE SHEET
## AS AT 30 SEPTEMBER 2025
|**Fixed assets**
Tangible assets
**7**
**Current assets**
Debtors
**8**
Cash at bank and in hand
**Creditors:**amounts falling due within
one year
**9**
**Net current assets**
**Total assets less current liabilities**
**Creditors:**amounts falling due
after more than one year
**10**
**Net assets**
**Funds:**
Unrestricted funds
**11**
Restricted income funds
**12**
**Total funds**|**£**
**£**
£
£
**471,675**
482,158
**9,718**
3,935
**77,126**
60,552
**86,844**
64,487
**(26,262)**
(13,503)
**60,582**
50,984
**532,257**
533,142
**(15,343)**
(20,430)
**516,914**
512,712
**496,503**
482,913
**20,411**
29,799
**516,914**
512,712
**2025**
2024|
|---|---|
|||
Page 7
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
BALANCE SHEET _(continued)_
AS AT 30 SEPTEMBER 2025
For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. No member or members have requested an audit pursuant to section 476 of the act.
Directors’ responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
May 18, 2026
These accounts were approved by the directors and authorised for issue on …………………………….. and are signed on their behalf by:
…………………………………………..
…………………………………………..
**M Belk – Director J Leigh - Director**
## **Company Registration Number: 02856983**
**Charity Number: 1027444**
Page 8
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
## **1. Accounting Policies**
Stricklandgate House Trust Limited is a company limited by guarantee in England and Wales.
## **Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2015.
Stricklandgate House Trust Limited meets the definition of a public entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
## **Income**
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charitable company is legally entitled to the income, it is reasonably certain it will be received, and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
- Voluntary income received by way of grants, donations and gifts is included in full in the SOFA when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
- Donated services and facilities are included at a value to the charity where this can be quantified. No amounts are included in the financial statements for services donated by volunteers.
- Incoming resources from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.
- Letting income consists of; service charges, electricity surcharges, and rent received by the charity pursuant to its principal activity of providing premises and facilities for charities and not-for-profits in the local community.
- Other income relates to all those sources of income resulting from uses of the charity’s premises that cannot be attributed to the charity’s objectives and activities.
- If income is received but the related performance does not take place until a later accounting period the income will be deferred to that accounting period.
## **Expenditure**
All expenditure is accounted for on an accruals basis inclusive of any VAT which cannot be recovered and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
Charitable activity expenditure comprises those costs incurred by the charity in the delivery of its activities and services. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Costs relating to a particular activity are allocated directly; others are apportioned on an appropriate basis.
## **Government grants**
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.
Page 9
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
NOTES TO THE FINANCIAL STATEMENTS _(continued)_
FOR THE YEAR ENDED 30 SEPTEMBER 2025
## **Going concern**
At the time of approving the financial statements, the directors have a reasonable expectation that the charity has adequate resources to continue in operational existence for a period of at least 12 months from the date the accounts are approved. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:
Long leasehold buildings 2% reducing balance Furniture & Equipment 25% straight line Computers 25% straight line
## **Impairment Reviews**
Impairment reviews are only carried out where there is some indication that the recoverable amount of a functional fixed asset is below its net book value. If the recoverable amount of the asset is lower than the net book value the loss is recognised and treated as additional depreciation. The revised carrying amount of the asset is then depreciated over its remaining useful economic life.
## **Accumulated Funds**
Accumulated funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
## **Restricted funds**
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. Any overspends are met by unrestricted funds.
## **Financial instruments**
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
## **Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.
## **Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Pension**
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the SOFA.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Page 10
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
NOTES TO THE FINANCIAL STATEMENTS _(continued)_
FOR THE YEAR ENDED 30 SEPTEMBER 2025
## **Judgements and key sources of estimation uncertainty**
In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. In the opinion of the Trustees there have been no significant judgements made in the process of applying the above accounting policies. There have been no key assumptions concerning future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
## **2. Net Movement in Funds**
The net movement is attributable to the principal activities of the charity, and is earned entirely within the United Kingdom.
Deficit/Surplus is stated after charging
|Deficit/Surplus is stated after charging|||
|---|---|---|
||**2025**|2024|
||**£**|£|
|Depreciation|**15,427**|14,384|
|Accountants’ remuneration|||
|- For Accountancy Services|**4,790**|2,952|
|- For Other Services|**1,646**|3,319|
## **3. Grants and donations**
|Kendal Town Council
Cumbria Community Grant Fund
Cumbria Social Enterprise Partnership
Westmorland and Furness Council (wording TBC)
National Heritage Lottery Fund
Tim Farron
Small Misc Donations|**Total**
Total
**2025**
2024
**£**
£
**-**
5,000
**-**
25,000
**6,841**
-
**30,000**
-
**184,768**
-
**2,300**
-
**947**
1,544|
|---|---|
||**224,856**
31,544|
Of the above grants and donations, £223,909 is restricted income (2024: £30,000).
Page 11
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
NOTES TO THE FINANCIAL STATEMENTS _(continued)_
FOR THE YEAR ENDED 30 SEPTEMBER 2025
## **4. Other income**
|**Other income**||
|---|---|
|Cleaning
Computer recharges
Room hire and catering
Car park rental
Telephone
Training|**2025**
2024
**Total**
Total
**£**
£
**7,476**
3,838
**2,650**
1,595
**45,242**
25,378
**7,253**
3,186
**1,475**
701
**600**
-|
||**64,696**
34,698|
|||
All other income is unrestricted in the current and prior year.
## **5. Total resources expended**
|**2025**
2024
**£**
£
Premises costs
**31,753**
39,086
Repairs and renewals
**17,478**
27,382
Telephone
**5,596**
1,349
Internet and computer costs
**6,607**
4,724
Printing, design, postage and stationery
**491**
443
Professional fees and accountancy
**8,507**
20,503
Professional fees -Development phase Stricklandgate House for Sustainable Heritage project (SGH4SH
**181,423**
-
Catering supplies
**220**
-
Sundry expenses
**712**
857
Bank charges and interest
**732**
778
Advertising
**-**
394
Subscriptions
**1,227**
917
Equipment and Materials
**2,084**
-
**256,830**
**96,433**
**Staff costs**
**Other**
**costs**
**Total**
**costs**
**£**
**£**
**£**
**2025**
Direct Charitable Expenditure
**109,825**
**256,830**
**366,655**
**Staff costs**
**Other**
**costs**
**Total**
**costs**
**£**
**£**
**£**
2024
Direct Charitable Expenditure
61,589
96,433
158,022|
**2025**
Direct Charitable Expenditure
2024
Direct Charitable Expenditure||**Staff costs**
**Other**
**costs**
**Total**
**costs**
**£**
**£**
**£**
**109,825**
**256,830**
**366,655**
**Staff costs**
**Other**
**costs**
**Total**
**costs**
**£**
**£**
**£**
61,589
96,433
158,022|**Staff costs**
**Other**
**costs**
**Total**
**costs**
**£**
**£**
**£**
**109,825**
**256,830**
**366,655**
**Staff costs**
**Other**
**costs**
**Total**
**costs**
**£**
**£**
**£**
61,589
96,433
158,022|
|---|---|---|---|---|
||||||
||||||
|||||**256,830**
**96,433**|
||||||
Of the £366,655 of expenditure (2024: £158,022), £231,131 of this was restricted (2024: £18,335) and £135,524 was unrestricted (2024: £139,687).
Page 12
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
NOTES TO THE FINANCIAL STATEMENTS _(continued)_
FOR THE YEAR ENDED 30 SEPTEMBER 2025
|**6. Directors and employees**
Directors’ emoluments:
Employee costs during the year:
Wages and salaries
Pension costs
Employers NI|**2025**
**£**
2024
£
**Nil**
Nil|
|---|---|
||**105,530**
58,994
**1,480**
**2,815**
821
1,774|
||**109,825**
61,589|
The average number of employees during the year was 16 (2024: 12).
There were no employees receiving more than £60,000 in the year (2024 - £nil).
In the year no expenses were reimbursed to the Trustees (2024 - £nil).
## **7. Tangible fixed assets**
|**Cost**
At 1 October 2024
Additions
Disposals
**At 30 September 2025**
**Depreciation**
At 1 October 2024
Charge for the year
Eliminated on disposals
**At 30 September 2025**
**Net book value**
**At 30 September 2025**
At 1 October 2024|**Long**
**Furniture**
**Leasehold**
**Equipment**
**Totals**
**Property**
**& computers**
**£**
**£**
**£**
1,020,718
263,694
1,284,412
-
4,944
4,944
-
-
-|
|---|---|
||**1,020,718**
**268,638**
**1,289,356**|
||545,540
256,714
802,254
9,504
5,923
15,427
-
-
-|
||**555,044**
**262,637**
**817,681**|
||**465,674**
**6,001**
**471,675**|
||475,178
6,980
482,158|
|||
Page 13
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
NOTES TO THE FINANCIAL STATEMENTS _(continued)_
FOR THE YEAR ENDED 30 SEPTEMBER 2025
## **8. Debtors**
|**btors**||
|---|---|
|Trade debtors
PAYE debtor|**2025**
2024
**£**
£
**8,032**
3,935
**1,686**
-|
||**9,718**
3,935|
|**editors - amounts falling due within one year**||
|Bank overdraft and loan
Trade creditors
Other creditors
Accruals|**2025**
2024
**£**
£
**4,883**
4,085
**17,573**
2,622
**306**
2,378
**3,500**
4,418|
||**26,262**
13,503|
|||
## **9. Creditors - amounts falling due within one year**
## **10. Creditors - amounts falling due after one year**
|Bounce back loan|**2025**
2024
**£**
£
**15,343**
20,430
**15,343**
20,430|
|---|---|
The net amount of secured liabilities at 30 September 2025 amounted to £20,226 (2024: £24,515).
Page 14
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
NOTES TO THE FINANCIAL STATEMENTS _(continued)_
FOR THE YEAR ENDED 30 SEPTEMBER 2025
## **11. Unrestricted Funds**
|**Unrestricted funds**
Brought forward
Net movement
Transfer from restricted funds
**Carried forward**|**2025**
2024
**£**
**£**
482,913
514,594
11,424
(27,271)
2,166
(4,410)|
|---|---|
||**496,503**
482,913|
|||
The transfer of restricted funds to unrestricted funds is due to the capitalisation of assets which were funded in line with the restricted funds (prior year transfer: to cover the expenditure over income on two restricted funds as shown in note 12).
## **12. Restricted Funds**
|**12. Restricted Funds**||
|---|---|
|Kendal in Bloom
Kendal Town Council
Westmorland & Furness Council - Development phase
Westmorland & Furness Council
National Heritage Lottery Fund
Cumbria Social Enterprise Partnership
Tim Farron
**Total funds**|**At 1**
**At 30**
**October**
**September**
**2024**
**Income Expenditure**
**Transfers**
**2025**
**£**
**£**
**£**
**£**
**£**
193
-
-
-
193
4,606
-
-
(3,482)
1,124
25,000
-
-
(17,410)
7,590
-
30,000
-
-
30,000
-
184,768
(226,456)
20,892
(20,796)
-
6,841
(4,675)
(2,166)
-
-
2,300
-
-
2,300|
||**29,799**
**223,909**
**(231,131)**
**(2,166)**
**20,411**|
|||
**Kendal in Bloom** – for flowers and planting.
**Kendal Town Council** - match funding for the National Lottery Heritage Fund, Development Phase project Stricklandgate House for Sustainable Heritage.
**Westmorland and Furness Council (Development Stage)** - match funding for the National Lottery Heritage Fund, Development Phase project Stricklandgate House for Sustainable Heritage.
**Westmorland and Furness Council -** match funding for the delivery phase of our Stricklandgate House for Sustainable Heritage project (SGH4SH) if our submission is successful.
**National Heritage Lottery Fund** – Core funder for our Development phase Stricklandgate House for Sustainable Heritage project (SGH4SH) This is the current stage due to end mid June 2026. Claims are submitted to the National Lottery Heritage Fund and paid in arrears hence the negative closing balance representing a claim not yet received in arrears.
**Cumbria Social Enterprise Partnership** – Restricted funding provided to purchase capital items including IT equipment. Part of this funding was match funding for the Development phase Stricklandgate House for Sustainable Heritage project (SGH4SH) This is the current stage due to end mid June 2026.
**Tim Farron** – Langdale Half Marathon fundraising contributing to match funding for the Development phase Stricklandgate House for Sustainable Heritage project (SGH4SH) This is the current stage due to end mid June 2026
Page 15
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
NOTES TO THE FINANCIAL STATEMENTS _(continued)_
FOR THE YEAR ENDED 30 SEPTEMBER 2025
## **12. Restricted Funds (prior year)**
||**At 1**||||**At 30**|
|---|---|---|---|---|---|
||**October**||||**September**|
||**2023**|**Income **|**Expenditure**|**Transfers**|**2024**|
||**£**|**£**|**£**|**£**|**£**|
|Lottery Grant|11,960|-|(13,196)|1,236|-|
|Freida Scott Trust|1,571|-|(4,745)|3,174|-|
|Kendal in Bloom|193|-|-|-|193|
|Kendal Town Council|-|5,000|(394)|-|4,606|
|Westmorland & Furness Coun|-|25,000|-|-|25,000|
|**Total funds**|**13,724**|**30,000**|**(18,335)**|**4,410**|**29,799**|
|||||||
## **13. Analysis of net assets between funds**
|**Prior year**
**Unrestricted**
**Restricted**
**Total**
Fund balances at 30 September 2024 are represented by:
**£**
**£**
**£**
Tangible assets
482,158
-
**482,158**
21,185
29,799
**50,984**
Creditors due more than one year
(20,430)
-
**(20,430)**
482,913
29,799
**512,712**
Current assets
**Unrestricted**
**Restricted**
**Total**
Fund balances at 30 September 2025 are represented by:
**£**
**£**
**£**
Tangible assets
471,675
-
**471,675**
40,171
20,411
**60,582**
Creditors due more than one year
(15,343)
-
**(15,343)**
496,503
20,411
**516,914**
Current assets|**Unrestricted**
**Restricted**
**Total**
**£**
**£**
**£**
471,675
-
**471,675**
40,171
20,411
**60,582**
(15,343)
-
**(15,343)**|**Unrestricted**
**Restricted**
**Total**
**£**
**£**
**£**
471,675
-
**471,675**
40,171
20,411
**60,582**
(15,343)
-
**(15,343)**|
|---|---|---|
|||496,503
20,411
**516,914**|
||||
||||
|||**Unrestricted**
**Restricted**
**Total**
**£**
**£**
**£**
482,158
-
**482,158**
21,185
29,799
**50,984**
(20,430)
-
**(20,430)**|
|||482,913
29,799
**512,712**|
||||
## **14. Related Party Transactions**
There were no related party transactions during the year to 30 September 2025 or 30 September 2024.
## **15. Capital commitments**
There were no capital commitments at 30 September 2025 or 30 September 2024.
## **16. Contingent liabilities**
There were no contingent liabilities at 30 September 2025 or 30 September 2024.
Page 16
Docusign Envelope ID: B0A67158-F209-881F-828E-EB5284BB602D
## **STRICKLANDGATE HOUSE TRUST LIMITED**
NOTES TO THE FINANCIAL STATEMENTS _(continued)_
FOR THE YEAR ENDED 30 SEPTEMBER 2025
## **17. Company status**
The charitable company is limited by Guarantee under the Companies Act 2006. The liability of the members is limited to £1 per member in the event of a winding up.
## **18. Taxation**
As a charity, Stricklandgate House Trust Limited is exempt from tax on income and gains falling within sections 472-474 of the Corporation Tax Act 2010, sections 478 - 489 of the Corporation Tax Act 2010, or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity.
Page 17