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← Lifeshare Limited

2025-03-31-accounts

Charity Commission number: 1042500 Companies House number: 2946401

LIFESHARE LTD TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Lifeshare Ltd Contents

Page
Trustees Annual Report 1 - 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Statement of Cash Flows 8
Notes to the Financial Statements 9 - 21

Report of the trustees for the year ended 31[st] March 2025

The trustees present their annual directors’ report and financial statements of the charity for the year ended 31[st] March 2025 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the 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).

Reference and administrative information

Charity Name: Lifeshare Limited Charity Number: 1042500 Company Number: 02946401

Directors and trustees

The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees and officers serving during the year and since the year end were as follows:

Key management personnel: Trustees and Directors

Nicola Sivori (resigned 1[st] March 2025) Matthew Johnson Richard Nelson (resigned 16[th] September 2024) Jane Carroll Harriet Leighton (resigned 1[st] October 2024) Jahan Hussain Elizabeth Watson (appointed on 8th January 2025)

Senior manager

Judith Vickers (until 13th January 2025)

Registered Office

Lifeshare Ltd 1st Floor,

36-38 Sackville Street,

Manchester M1 3WA

Independent Examiners

Hilton Jones Ltd Hollingwood Business Park

Albert Street

Lifeshare Ltd, First Floor, 36-38 Sackville Street, Manchester M1 3WA T : 07375 510222 • E : office@lifeshare.org.uk • W : www.lifeshare.org.uk Charity No. 1042500 • Company No. 2946401 (England)

1

Oldham OL8 3QL

Bankers

The Cooperative Bank plc 1 Balloon Street Manchester M60 4EP

Leeds Building Society 105 Albion Street Leeds LS1 5AS

Structure, governance and management

Lifeshare Limited is a company limited by guarantee governed by its Memorandum and Articles of Association dated 7[th] July 1994 as amended by special resolution dated 15[th] March 1997. It is registered as a charity with the Charity Commission dated 30[th] November 1994.

Appointment of trustees

As set out in the Articles of Association trustees are elected annually by the members of the charitable company attending the Annual General meeting. At each AGM one third of trustees shall retire and be eligible for re-election.

Trustee induction and training

New trustees are given guidance from longer established trustees who understand the Lifeshare mandate and the areas in which it operates. Each trustee is chosen for their expertise in different fields so that they are able to advise the other trustees.

Organisation

The board of trustees administers the charity. The board normally meets each month and are responsible for the strategic direction and policy of the Charity. The members are from a wide variety of backgrounds relevant to the work of the Charity. Managers are appointed by the trustees to manage the day-to-day operations of the charity with the assistance of project workers.

Objectives and activities

The Charity’s main activity is to operate a weekend breakfast service for homeless people, including a respite provision on Friday mornings from 7-9am. This is a multi-agency hub, whereby disadvantaged adults over 18 can attend and work with a range of different services from council representatives to drug and alcohol support services. The Charity also opens and runs a temporary day shelter for 7 days over the Christmas holiday period. Lifeshare also delivers emergency supplies provision, redistributing essential items through a twice weekly drop-in for people experiencing crisis.

Lifeshare Ltd, First Floor, 36-38 Sackville Street, Manchester M1 3WA T : 07375 510222 • E : office@lifeshare.org.uk • W : www.lifeshare.org.uk Charity No. 1042500 • Company No. 2946401 (England)

2

Our Services

Breakfast/Respite Project Christmas Project Emergency Food Parcel Provision

Financial review

Total income for the year was £506,153 (including an accrued legacy donation of £102,230) and total expenditure was £259,963, giving a surplus of £246,190 (2024 deficit £74,766).The Trustees review the Finances of the Charity on a regular basis and take any action necessary to ensure that funds are spent in accordance with the funder’s rules and expectations.

Investment powers and policy

The trustees, having regard to the liquidity requirements of operating the charity, have kept available funds in an interest bearing deposit account. This was closed due to difficulty with corresponding with the bank and has been transferred to the current account until a suitable saving account is opened.

Reserves policy and going concern

The balance held in unrestricted reserves at 31[st] March 2025 was £266,082, all of which is free reserves, after allowing for designated funds and those tied up in tangible fixed assets.

The trustees aim to establish free reserves in unrestricted funds at a level which equates to approximately 10 months of unrestricted charitable expenditure. The trustees consider that level will provide sufficient funds to respond to applications for grants and ensure that support and governance costs are covered. The trustees consider that the charity is a going concern.

Risk management

The trustees have conducted a review of the major risks to which the charity is exposed and systems have been established to mitigate those risks. Procedures are in place to ensure compliance with health and safety of staff and volunteers. All procedures are periodically reviewed to ensure that they continue to meet the needs of the Charity.

Plans for Future Periods

Lifeshare has had to make huge changes to our service offer to ensure we can remain a financially viable and sustainable charity, but will continue to serve Manchester’s homeless community and will adapt our projects to best serve that community, ensuring any new projects are client centred to ensure that we best serve our clients and their needs.

Lifeshare has reduced our focus on delivering our core project delivery, our homelessness respite service on weekends and at Christmas, and on our food parcels, tackling food insecurity. We have now decided to pause on other streams of work, including our digital inclusion service. This is to optimise our core delivery. Funding drives are being actioned to preserve the longevity of the Charity and we work in partnership with other charities so that we can ensure that any changes in the client community are logged and communicated to all our partners.

Lifeshare Ltd, First Floor, 36-38 Sackville Street, Manchester M1 3WA T : 07375 510222 • E : office@lifeshare.org.uk • W : www.lifeshare.org.uk Charity No. 1042500 • Company No. 2946401 (England)

3

Related parties and co-operation with other organisations

None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager with any service providers must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. In the current year no such related party transactions were reported.

Trustees responsibilities in relation to the financial statements

The charity trustees (who are also the directors of Lifeshare Limited for the purposes of company law) are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the charity trustees to prepare financial statements for each 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 the financial statements, the trustees are required to:

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

By order of the board of trustees

Matthew Johnson Trustee Date: 30th January 2026

Lifeshare Ltd, First Floor, 36-38 Sackville Street, Manchester M1 3WA T : 07375 510222 • E : office@lifeshare.org.uk • W : www.lifeshare.org.uk Charity No. 1042500 • Company No. 2946401 (England)

4

Lifeshare Ltd Independent Examiner's Report For The Year Ended 31 March 2025

I report on the accounts of the company for the year ended 31 March 2025, which are set out on pages 6 to 21.

Respective responsibilities of trustees and examiner

The trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity is required by company law to prepare accrued accounts and I am qualified to undertake the examination by being a qualified member of The Association of Chartered Certified Accountants.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

JM Hilton-Jones 30 January 2026 ae Hilton Jones Ltd Hollinwood Business Centre Albert Street Oldham OL8 3QL

Page 5

Lifeshare Ltd Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025

==> picture [491 x 411] intentionally omitted <==

----- Start of picture text -----
Unrestricted Restricted
Funds Funds 2025 2024
Notes £ £ £ £
INCOME FROM
Donations and legacies 3 332,946 25,000 357,946 237,307
Charitable activities 4 100 146,163 146,263 65,172
Income from trading activities 6 - - - 600
Investment income 1,445 - 1,445 490
Other income 499 - 499 276
TOTAL INCOME 334,990 171,163 506,153 303,845
EXPENDITURE ON
Raising funds 7 4,315 - 4,315 10,702
Charitable activities 7 78,377 177,271 255,648 367,909
TOTAL EXPENDITURE 82,692 177,271 259,963 378,611
NET INCOME/(EXPENDITURE) 252,298 (6,108) 246,190 (74,766)
NET MOVEMENT IN FUNDS 252,298 (6,108) 246,190 (74,766)
RECONCILIATION OF FUNDS
Total funds brought forward 14 13,784 97,458 111,242 186,008
TOTAL FUNDS CARRIED FORWARD 14 266,082 91,350 357,432 111,242
----- End of picture text -----

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 9 to 21 form part of these accounts.

Page 6

Lifeshare Ltd Balance Sheet As At 31 March 2025

Companies House number: 2946401
Notes
FIXED ASSETS
Tangible Assets
11		 Unrestricted
Funds
Restricted
Funds
2025
2024
£
£
£
£
-
-
-
250
CURRENT ASSETS
Debtors
12
Cash at bank and in hand		 -
-
-
250
9,453
102,230
111,683
10,325
263,411
(8,604)
254,807
128,125
13
Creditors: Amounts falling due
within one year		 272,864
93,626
366,490
138,450
6,782
2,276
9,058
27,458
NET CURRENT ASSETS 266,082
91,350
357,432
110,992
TOTAL ASSETS LESS CURRENT LIABILITIES 266,082
91,350
357,432
111,242
NET ASSETS 266,082
91,350
357,432
111,242
THE FUNDS OF THE CHARITY
Restricted income funds
14
Unrestricted income funds
14		 -
91,350
91,350
97,458
266,082
-
266,082
13,784
TOTAL CHARITY FUNDS 266,082
91,350
357,432
111,242

For the period in question the company was entitled to the exemption conferred by section 477 of the Companies Act 2006, and that no notice has been deposited under section 476 in relation to its accounts for the financial year. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the trustees on 30 January 2026

Jahan Hussain - Trustee

The notes on pages 9 to 21 form part of these accounts.

Page 7

Lifeshare Ltd Statement of Cash Flows For The Year Ended 31 March 2025

RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net movement in funds
Add back depreciation
Deduct investment income
Decrease/(increase) in debtors
Increase/(decrease) in creditors
NET CASH USED IN OPERATING ACTIVITIES
CASH FLOWS FROM INVESTMENT ACTIVITIES:
Interest
NET CASH PROVIDED BY INVESTING ACTIVITIES
CASH AND CASH EQUIVALENTS BROUGHT FORWARD
CASH AND CASH EQUIVALENTS CARRIED FORWARD
INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS DURING THE
YEAR		 2025
2024
£
£
246,190
(74,766)
250
1,512
(1,445)
(490)
(101,358)
(4,235)
(18,400)
6,677
125,237
(71,302)
1,445
490
1,445
490
126,682
(70,812)
128,125
198,937
254,807
128,125

Page 8

Lifeshare Ltd Notes to the Financial Statements For The Year Ended 31 March 2025

1 Accounting Policies

1.1 Basis of preparation and assessment of going concern

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), effective 1st January 2019, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) The charity constitutes a public benefit entity as defined by FRS 102.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

1.2 Funds structure

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed. There are 6 restricted funds.

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created a fund for a specific purpose. Further details of each fund are disclosed in note 14.

1.3 Income recognition

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

1.4 Expenditure Recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note 1.6.

1.5 Irrecoverable VAT

Irrecoverable VAT is charged against the expenditure heading for which it was incurred.

Page 9

Lifeshare Ltd Notes to the Financial Statements For The Year Ended 31 March 2025

1.6 Allocation of support and governance costs

Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to independent examination and legal fees together with an apportionment of overhead and support costs.

Governance costs and support costs relating to charitable activities have been apportioned based on type of expense. The allocation of support and governance costs is analysed in note 8.

1.7 Costs of raising funds

The costs of raising funds consists of activities, marketing and DBS costs.

1.8 Charitable Activities

Costs of charitable activities include governance costs and an apportionment of support costs as shown in note 7.

1.9 Tangible fixed assets and depreciation

All assets costing more than £500 are capitalised and valued at historical cost. Depreciation is charged on the following basis:

Computer equipment 33.33% on cost Furniture & office equipment 20% on cost

1.10 Realised gains and losses

All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their varying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial

1.11 Pensions

‑ The charity operates an auto enrolment pension scheme. The charity has no liability beyond paying its contr

1.12 Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.13 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.

Page 10

Lifeshare Ltd Notes to the Financial Statements For The Year Ended 31 March 2025

2 Related party transactions and trustees' expenses and remuneration

The trustees all give freely their time and expertise without any form of remuneration or other benefit in cash or kind (2024: £nil). Expenses paid to the trustees in the year totalled £nil (2024: £nil).

3 Donations and Legacies

Donations
Gift aid
Gifts in kind - food, toiletries etc		 Unrestricted
Restricted
Total Funds Total Funds
2025
2025
2025
2024
£
£
£
£
332,896
-
332,896
212,123
50
-
50
184
-
25,000
25,000
25,000
332,946
25,000
357,946
237,307

Included in donations for 2025 is an accrued legacy donation of £102,230; (2024 - Nil).

Previous reporting period

Donations
Gift aid
Gifts in kind - food, toiletries etc		 Unrestricted
Restricted
Total Funds
2024
2024
2024
£
£
£
212,123
-
212,123
184
-
184
-
25,000
25,000
212,307
25,000
237,307

Page 11

Lifeshare Ltd Notes to the Financial Statements For The Year Ended 31 March 2025

4 Income from charitable activities

Newby Trust
Oglesby Charitable Foundation
Zurich
Albert Hunt
CAF (Bentley Advancing Life Chances)
Parry Family Trust - Respite
Parry Family Trust - Christmas Project
Skipton Building Society
Sainsbury
The Charity Service
The Moulding Foundation
Manchester Cost of Living Fund
Garfield Weston
Hedley Grant 7060
Manchester City Council
The Grocers' Charity
Amazon
BJ Charitable Trust
CAF (Bentley Advancing Life Chances)
Esmee Fairbairn
Previous reporting period
Newby Trust
Oglesby Charitable Foundation
Zurich
Albert Hunt
CAF (Bentley Advancing Life Chances)
Parry Family Trust - Respite
Parry Family Trust - Christmas Project
Skipton Building Society
Sainsbury
BJ Charitable Trust
CAF (Bentley Advancing Life Chances)
Esmee Fairbairn		 Unrestricted
2025
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
100
-
-
-
100		 Restricted
Total Funds Total Funds
2025
2025
2024
£
£
£
7,333
7,333
667
-
-
8,333
14,250
14,250
16,500
7,000
7,000
5,000
-
-
495
-
-
1,100
3,000
3,000
3,000
-
-
7,000
1,500
1,500
1,500
3,000
3,000
-
70,000
70,000
-
15,000
15,000
-
10,000
10,000
-
2,000
2,000
-
8,080
8,080
-
5,000
5,000
-
-
100
-
-
-
5,577
-
-
10,000
-
-
6,000
146,163
146,263
65,172
Unrestricted
Restricted
Total Funds
2024
2024
2024
£
£
£
-
667
667
-
8,333
8,333
-
16,500
16,500
-
5,000
5,000
-
495
495
-
1,100
1,100
-
3,000
3,000
-
7,000
7,000
-
1,500
1,500
5,577
-
5,577
9,505
495
10,000
6,000
-
6,000
21,082
44,090
65,172

Page 12

Lifeshare Ltd Notes to the Financial Statements For The Year Ended 31 March 2025

5 Net income

Net income is stated after charging:
Depreciation - owned assets
Accountancy
Income from other trading activities
Fundraising activities
Previous reporting period
Fundraising activities		 Unrestricted
2025
£
-
-		 Restricted
2025
£
-
-
Unrestricted
2024
£
600
600		 2025
2024
£
£
250
1,512
1,596
1,596
Total Funds Total Funds
2025
2024
£
£
-
600
-
600
Restricted
Total Funds
2024
2024
£
£
-
600
-
600

6 Income from other trading activities

Page 13

Lifeshare Ltd Notes to the Financial Statements For The Year Ended 31 March 2025

==> picture [491 x 503] intentionally omitted <==

----- Start of picture text -----
7 Expenditure
Services 2025 2024
£ £ £
Expenditure on raising funds
Employment costs 1,369 1,369 1,814
Other fundraising costs 2,946 2,946 8,888
4,315 4,315 10,702
Services 2025 2024
£ £ £
Expenditure on charitable activities
Employment costs 97,201 97,201 188,093
Sessional worker 2,597 2,597 35,454
DBS checks 241 241 222
Client expenses 99 99 17,222
Staff travel 2,576 2,576 4,235
Staff training 176 176 965
- -
Project costs 3,327
Volunteer expenses and training 464 464 94
Food and milk 18,685 18,685 25,072
Donated food, toiletries etc 25,000 25,000 25,000
Marketing and publicity 10,447 10,447 194
Volunteer and supporters party 540 540 989
Telephone and internet 4,559 4,559 377
Insurance 2,539 2,539 2,348
Waste disposal 2,502 2,502 1,679
Sundry 866 866 987
Governance costs 2,496 2,496 3,192
Support costs 84,660 84,660 58,459
255,648 255,648 367,909
2025 2024
£ £
Restricted funds 177,271 59,305
Unrestricted funds 82,692 319,306
259,963 378,611
----- End of picture text -----

Page 14

Lifeshare Ltd Notes to the Financial Statements For The Year Ended 31 March 2025

8 Allocation of governance and support costs

The breakdown of support costs and how these were allocated between governance and other support costs is shown below.

Accountancy
HR services
Rent and council tax
Heat, light and water
Cleaning
Repairs and maintenance
Printing, post and stationery
Depreciation
Computer and software costs
Minor equipment
Subscriptions
Bank and card charges
Payroll bureau
Legal and professional fees
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Basis of apportionment
Use of facilities
Use of facilities
Use of facilities		 General
Support
Governance
2025
£
£
£
-
1,596
1,596
-
900
900
41,181
-
41,181
3,531
-
3,531
1,395
-
1,395
25,258
-
25,258
1,304
-
1,304
250
-
250
4,714
-
4,714
81
-
81
5,984
-
5,984
66
-
66
691
-
691
205
-
205
84,660
2,496
87,156
Previous reporting period
Accountancy
HR services
Rent and council tax
Heat, light and water
Cleaning
Printing, post and stationery
Depreciation
Computer and software costs
Minor equipment
Telephone
Subscriptions
Storage
Bad debt
Bank and card charges
Payroll bureau
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Basis of apportionment
Use of facilities
Use of facilities
Use of facilities
Use of facilities		 General
Support
Governance
2024
£
£
£
-
1,596
1,596
-
1,596
1,596
29,699
-
29,699
3,607
-
3,607
2,738
-
2,738
1,563
-
1,563
1,512
-
1,512
4,821
-
4,821
440
-
440
4,729
-
4,729
4,849
-
4,849
2,127
-
2,127
1,201
-
1,201
120
-
120
1,053
-
1,053
58,459
3,192
61,651

Page 15

Lifeshare Ltd Notes to the Financial Statements For The Year Ended 31 March 2025

9 Analysis of staff costs

Wages and salaries
Employers NIC
Pension costs
Charitable activities
Average number of employees
Number of employees with benefits in excess of £60,000
Total employment benefits, including employer pension contributions of the
key management personnel		 2025
2024
£
£
92,290
170,393
1,292
9,830
4,988
9,684
98,570
189,907
98,570
189,907
98,570
189,907
2025
2024
5
7
-
-
2025
2024
£
£
28,704
40,200

The charity considers its key management personnel comprises the trustees.

10 Independent Examiner Fees

Independent examination fees 2025
2024
£
£
1,596
1,596
1,596
1,596

Page 16

Lifeshare Ltd Notes to the Financial Statements For The Year Ended 31 March 2025

11 Tangible Fixed Assets

Cost
At 1 April 2024
At 31 March 2025
Depreciation
At 1 April 2024
Charge for Year
At 31 March 2025
Net Book Value
At 1 April 2024
Debtors
Other debtors
Accrued income
Prepayments
Restricted
Unrestricted		 FA5
FA4
FA3
£
£
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Furniture &
office
equipment
£
8,780
8,780
8,780
-
8,780
-		 Computer
equipment
Total
£
£
6,361
15,141
6,361
15,141
6,111
14,891
250
250
6,361
15,141
250
250
2025
2024
£
£
1,325
1,986
102,230
-
8,128
8,339
111,683
10,325
2025
2024
£
£
102,230
-
9,453
10,325
111,683
10,325

12 Debtors

Page 17

Lifeshare Ltd Notes to the Financial Statements For The Year Ended 31 March 2025

13 Creditors: amounts falling due within one year

Trade creditors
Other creditors
Accruals
Deferred income
Restricted
Unrestricted
Analysis of charitable funds
Analysis of movements in unrestricted funds
As at
1 April
2024
Incoming
Resources
Resources
Expended
£
£
£
General fund
13,784
334,990
(82,692)
13,784
334,990
(82,692)
Previous reporting period
As at
1 April
2023
Incoming
Resources
Resources
Expended
£
£
£
General fund
97,840
235,250
(319,306)
97,840
235,250
(319,306)		 2025
2024
£
£
825
10,070
2,276
1,132
5,957
8,923
-
7,333
9,058
27,458
2025
2024
£
£
2,276
-
6,782
27,458
9,058
27,458
Transfers
As at
31 March
2025
£
£
-
266,082
-
266,082
Transfers
As at
31 March
2024
£
£
-
13,784
-
13,784

14 Analysis of charitable funds

Name of unrestricted fund: Description, nature and purpose of the fund

General fund

the unrestricted funds of the organisation

Page 18

Lifeshare Ltd Notes to the Financial Statements For The Year Ended 31 March 2025

14 Analysis of movements in restricted funds

Newby Trust
Global Make Some Noise
Art Exchange Coop
Forever Manchester
The Access Foundation
Oglesby Charitable Foundation
Arnold Clark
Good Things Foundation
Zurich
Albert Hunt
Parry Family Trust - Christmas Proje
Sainsbury
Gifts in kind - food, toiletries etc
The Charity Service
The Moulding Foundation
Manchester Cost of Living Fund
Garfield Weston
Hedley Grant 7060
Manchester City Council
The Grocers' Charity		 As at
1 April
2024
Incoming
Resources
Resources
Expended
Transfers
As at
31 March
2025
£
£
£
£
£
5,705
7,333
(13,038)
-
-
18,187
-
(18,187)
-
-
334
-
(334)
-
-
691
-
(691)
-
-
29,896
-
(29,896)
-
-
15,889
-
(15,889)
-
-
1,000
-
(1,000)
-
-
2,000
-
(2,000)
-
-
23,756
14,250
(37,505)
-
501
-
7,000
(7,000)
-
-
-
3,000
(3,000)
-
-
-
1,500
-
-
1,500
-
25,000
(25,000)
-
-
-
3,000
(3,000)
-
-
-
70,000
(3,731)
-
66,269
-
15,000
(15,000)
-
-
-
10,000
-
-
10,000
-
2,000
(2,000)
-
-
-
8,080
-
-
8,080
-
5,000
-
-
5,000
97,458
171,163
(177,271)
-
91,350

Page 19

Lifeshare Ltd Notes to the Financial Statements For The Year Ended 31 March 2025

==> picture [491 x 329] intentionally omitted <==

----- Start of picture text -----
Previous reporting period
As at As at
1 April Incoming Resources 31 March
2023 Resources Expended Transfers 2024
£ £ £ £ £
Newby Trust 5,038 667 - - 5,705
Global Make Some Noise 18,320 - (133) - 18,187
Art Exchange Coop 334 - - - 334
Forever Manchester 691 - - - 691
The Access Foundation 29,896 - - - 29,896
-
Oglesby Charitable Foundation 15,889 8,333 (8,333) 15,889
Arnold Clark 1,000 - - - 1,000
- - -
Good Things Foundation 2,000 2,000
Zurich 15,000 16,500 (7,744) - 23,756
Albert Hunt - 5,000 (5,000) - -
CAF (Bentley Advancing Life Chance - 495 (495) - -
- - -
Parry Family Trust - Respite 1,100 (1,100)
- - -
Parry Family Trust - Christmas Proje 3,000 (3,000)
- - -
Skipton Building Society 7,000 (7,000)
- - -
Sainsbury 1,500 (1,500)
- - -
Gifts in kind - food, toiletries etc 25,000 (25,000)
-
88,168 68,595 (59,305) 97,458
----- End of picture text -----

Name of restricted fund:

Description, nature and purpose of the fund

Zurich for respite Sainsbury for respite The Moulding Foundation for respite and Christmas support Garfield Weston for respite Manchester City Council for respite The Grocers' Charity for respite

Page 20

Lifeshare Ltd Notes to the Financial Statements For The Year Ended 31 March 2025

15 Analysis of net assets between funds

Designated
funds
£
Cash at bank and in hand
-
Other net current assets/(liabilities)
-
Total
-
Previous reporting period
Designated
funds
£
Tangible fixed assets
-
Cash at bank and in hand
-
Other net current assets/(liabilities)
-
Total
-		 Unrestricted
Restricted
2025
£
£
£
263,411
(8,604)
254,807
2,671
99,954
102,625
266,082
91,350
357,432
Unrestricted
Restricted
2024
£
£
£
250
-
250
30,667
97,458
128,125
(17,133)
-
(17,133)
13,784
97,458
111,242

16 Going Concern

The charity's main source of income is grant funding and investment income. The trustees consider, having regard to reserves that it is appropriate to prepare the accounts on a going concern basis and, consequently, the accounts do not include any adjustments that would be necessary if the funding income should cease.

17 Post Balance Sheet Events

The Trustees do not consider that there have been any events since the balance sheet date that significantly impact on the financial statements.

18 Financial Instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial

Page 21