REGISTERED COMPANY NUMBER: 03067374 (England and Wales)
REGISTERED CHARITY NUMBER: 1048549
Report of the Trustees and
Financial Statements for the Year Ended 31st March 2025
for
The Lyme Trust
Hardings
Chartered Accountants & Statutory Auditor
6 Marsh Parade
Newcastle-under-Lyme
Staffordshire
STS 1DU

The Lyme Trust
Contents of the Financial Statements
for the Year Ended 31st March 2025
Report of the Trustees
Report of the Independent Auditors
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement
Notes to the Financial Statements
Detailed Statement of Financial Activities
Page
1 to 4
5 to
8
9
10
11
12 to
17
18 to
19

The Lyme Trust
Report of the Trustees
for the Year Ended 31st March 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with
the financial statements of the charity for the year ended 31st March 2025. The trustees have adopted the provisions of
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).
Objectives and activities
The Lyme Trust ("the Trust"') provides safe, supported accommodation and life skills to individuals with mild to
noderate mental health conditions, with the aim of facilitating a return to independent living and preventing
homelessness.
The Trust achieves its objectives by providing accommodation to residents at low rent through its portfolio of owned
and leased properties, along with ongoing support from its support workers.
The Trust's staff are experienced and highly trained to offer guidance and support; however, the outcome for each
resident is wholly dependent upon their own engagement and hard work.
Many of the people who come to live at the Lyme Trust also have alcohol or substance dependency issues, for which the
Trust has access to a dedicated drug and alcohol support worker to signpost the best support.
We aim to help our residents develop positive attitudes and self-motivation that will lead to independent living.
The Trustees comply with their duty to have due regard to the guidance on public benefit published by the Charities
Commission in exercising their powers or duties.
Achievements and performance
The Trust achieves its objectives by investing in and leasing local residential property, which it lets to its residents at low
rent. The charity makes a housing benefit claim to Newcastle-under-Lyme council on behalf of its residents to support
rental payments. At the end of March 2025, the Charity owned 7 properties and leased a further 12, for a total of 84
resident rooms. During the financial year, the Trust achieved an average occupancy rate of 97%.
The Trust also provides a regular and continuing schedule of activities for its residents that are creative, therapeutic, and
social in nature. Engagement of residents in this manner contributes to their personal and social rehabilitation, mental
wellness, and is an integral part of their journey to independent living.
The Trust provides ongoing training to all its staff to provide them with the tools necessary to successfully support
residents and help them with any current or historical issues.
The Charity measures its performance through key performance indicators. 'Planned moves' refers to residents moving
into private accommodation, and 'unplanned moves' relate to evictions or abandonment. The Charity records all
reasons, and these are discussed by the board of trustees during their monthly board meetings.
eviction
The board of trustees is pleased to report that for the year ended 31 March 2025, a total of 19 residents made a
successful planned move to independent living withing the community (2024:5). A further 19 residents abandoned their
accommodation during the year, and 37 were evicted. As of 31st March 2025. there were 81 residents
Page 1

The Lyme Trust
Report of the Trustees
for the Year Ended 31st March 2025
Financial review
The Charity has remained financially stable and is considered to be a going concern. During the year ended 31st March
2025, the Charity generated a surplus of £189,696 (2024: £54,624).
additional properties during the year.
Detailed monthly financial reports are scrutinised by the Finance Sub-Committee, and a summary is presented to the
Management Committee meeting of the Trustees. The Trustees and management committee meetings incur no costs.
For the year ended 31st March 2025, the Charity's assets and cash balances are in line with Charity Commission
recommendations.
Plans for future periods
The Trust plans to continue its property refurbishment programme across the existing property portfolio.
The Trust will continue to look for suitable properties for acquisition.
Structure, governance and management
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by
guarantee, as defined by the Companies Act 2006.
The Charity is a company limited by guarantee, governed by its Memorandum and Articles of Association.
It is registered as a charity with the Charity Commission in England and Wales.
The major risks to which the Charity is exposed, as identified by the Trustees, have been reviewed, and systems or
procedures have been established to manage those risks.
Recruitment and appointment of new trustees
As set out in the Articles of Association, the Trustees are elected at the annual retirement meeting and serve for a period
fo two years. All members are circulated with invitations to nominate Trustees before the Annual Retirement Meeting
(ARM) advising them of any retiring Trustees and requesting nominations for the following year.
Co-opted members may be appointed throughout the year as required.
Organisational structure
The Board of Trustees administers the Charity. The board meets regularly, and there is a Finance Sub-Committee that
also meets regularly.
An Operations Director is appointed by the Trustees to manage the day-to-day operations of the Charity.
To facilitate effective operations, the Operations Director has delegated authority for specific operational matters,
including finance, employment, and welfare of the residents of the Trust.
New Trustees are provided with an orientation pack to brief them on their legal obligations under charity and company
law.
Trustees are encouraged to attend The Lyme Trust to meet key employees in order to obtain a better understanding of
the work the charity carries out. Trustees are required to sign a confidentiality statement, which governs the types of
information that can be disclosed.
Remuneration policy
An annual pay review for all employed staff is completed with reference to inflation and industry comparative, and is
submitted sequentially to the Finance Sub-Committee, Board of Trustees, and Newcastle-under-Lyme council (with
reference to the housing benefit claim) for approval.
Page 2

The Lyme Trust
Report of the Trustees
for the Year Ended 31st March 2025
Structure, governance and management
Summary of The Lyme Trust Properties
Owned by The Lyme Trust
41 London Road
9 Bedrooms
52 London Road
4 Bedrooms
70 London Road
3 Bedrooms
108 London Road
8 Bedrooms
13 Webster Street
2 Bedrooms
39 Victoria Street
2 Bedrooms
23 Well Street
3 Bedrooms
Leased by The Lyme Trust
2 Grosvenor Road
4 Individual flats
4 Grosvenor Road
7 Bedrooms
10 Horton Street
3 Bedrooms
11 Well Street
3 Bedrooms
18 Hanover Street
2 Bedrooms
33 London Road
9 Bedrooms
37 London Road
HQ/Administration
39 London Road
6/7 Bedrooms
40 London Road
5 Bedrooms
56 London Road
5 Bedrooms
80 London Road
3 Bedrooms
112 London Road
4 Bedrooms
72 Stubbs Gate
2 Bedrooms
All the above properties are based in Newcastle-under- Lyme
Reference and administrative details
Registered Company number
03067374 (England and Wales)
Registered Charity number
1048549
Registered office
37 London Road
Newcastle under Lyme
Staffordshire
ST5 1LN
Trustees
G Thomson (resigned 18/3/2025)
M Faichney
P A Lomas
KA Smith
L Wilbraham (resigned 18/3/2025)
S C Perry (appointed 15/4/2025)
Company Secretary
M Faichney
Page 3

The Lyme Trust
Report of the Trustees
for the Year Ended 31st March 2025
Reference and administrative details
Auditors
Hardings
Chartered Accountants & Statutory Auditor
6 Marsh Parade
Newcastle-under-Lyme
Staffordshire
STS 1DU
Statement of trustees' responsibilities
The trustees (who are also the directors of The Lyme Trust for the purposes of company law) are responsible for
preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practice)
ompany law requires the trustees to prepare financial statements for each financial year which give a true and fair vie
i the state of affairs of the charitable company and of the incoming resources and application of resources, includir
the income and expenditure, of the charitable company for that period. In preparing those financial statements, the
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable
company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time
the financial position of the charitable company 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 charitable company and hence for
taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
- there is no relevant audit information of which the charitable company's auditors are unaware; and
- the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit
information and to establish that the auditors are aware of that information.
Auditors
The auditors, Hardings, will be proposed for re-appointment at the forthcoming Annual General Meeting.
Approved by order of the board of trustees on 1st December 2025 and signed on its behalf by:
PA Lomas -
Page 4

Report of the Independent Auditors to the Members of
The Lyme Trust
Opinion
We have audited the financial statements of The Lyme Trust (the 'charitable company') for the year ended
31st March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and
notes to the financial statements, including a summary of significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
- give a true and fair view of the state of the charitable company's affairs as at 31st March 2025 and of its incoming
resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law.
Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the
financial statements section of our report. We are independent of the charitable company in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard,
and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit
evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in
the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions
that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going
concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant
sections of this report.
Other information
The trustees are responsible for the other information. The other information comprises the information included in the
Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise
explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing
so, consider whether the other information is materially inconsistent with the financial statements or our knowledge
obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or
apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the
financial statements 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 fact. We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Report of the Trustees for the financial year for which the financial statements are
prepared is consistent with the financial statements; and
- the Report of the Trustees has been prepared in accordance with applicable legal requirements.
Page 5

Report of the Independent Auditors to the Members of
The Lyme Trust
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of
the audit, we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you
if, in our opinion:
- adequate accounting records have not been kept or returns adequate for our audit have not been received from
branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; 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 trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a
Strategic Report or in preparing the Report of the Trustees.
Responsibilities of trustees
As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the
charitable company for the purposes of company law) are responsible for the preparation of the financial statements and
for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary
to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements,
the trustees are responsible for assessing the charitable company's ability to
continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern
basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have
no realistic alternative but to do so.
Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance
with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error
and are considered material it, individually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
In identifying
assessing
risks of material misstatement in respect of irregularities, including fraud and
non-compliance with laws and regulations, our procedures included the following:
- enquiring of management including obtaining and reviewing policies and procedures relating to:
identifying, evaluating and complying with laws and regulations and whether there were any instances of
non-compliance;
detecting and responding to the risks of fraud and whether they have any knowledge of any actual, suspected
- or alleged fraud;
reviewing the internal controls established to mitigate risks related to fraud or non-compliance with laws and
- regulations.
discussions among the audit engagement team regarding how and where fraud might occur in the financial
- statements and any potential indicators of fraud.
obtaining an understanding of the legal and regulatory framework in which the Trust operates, focusing on those laws
and regulations that had a direct effect on the financial statements or that had a fundamental effect on the operations of
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the
Independent Auditors.
Page 6

Report of the Independent Auditors to the Members of
The Lyme Trust
Use of our report
This report is made solely to 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 state to the charitable company's
members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest
extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the
charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.
Hardings Chartered Accountants (Senior Statutory Auditor)
for and on behalf of Hardings
Chartered Accountants & Statutory Auditor
6 Marsh Parade
Newcastle-under-Lyme
Staffordshire
ST5 1DU
1st December 2025
Page 7

The Lyme Trust
Statement of Financial Activities
for the Year Ended 31st March 2025
Income and endowments from
Donations and legacies
Charitable activities
Charitable Activities
Investment income
Total
Expenditure on
Charitable activities
Charitable Activities
NET INCOME
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Notes
2
4
3
31/3/25
Unrestricted
fund
2,593
1,463,009
6,163
1,471,765
31/3/24
Total
funds
7,571
1,387,097
6,137
1,400,805
5
1,282,069
189,696
1,346,181
54,624
902,358
1,092,054
847,734
902,358
The notes form part of these financial statements
Page 8

The Lyme Trust
Balance Sheet
31st March 2025
Notes
Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
Creditors
Amounts falling due within one year
Net current assets
Total assets less current liabilities
Creditors
Amounts falling due after more than one year
NET ASSETS
Funds
Unrestricted funds
Total funds
8
9
10
31/3/25
Unrestricted
fund
31/3/24
Total
funds
805,186
58,514
588,746
647,260
(60,588)
586,672
1,391,858
(299,804)
1,092,054
1,092,054
1,092,054
813,516
24,089
490,987
515,076
(104,676)
410,400
1,223,916
(321,558)
902,358
902,358
902,358
These financial statements have been prepared in accordance with the provisions applicable to charitable companies
subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 1st December 2025 and
were signed on its behalf by:
PA Lomas - Trustee
The notes form part of these financial statements
Page 9

The Lyme Trust
Cash Flow Statement
for the Year Ended 31st March 2025
Cash flows from operating activities
Cash generated from operations
Interest paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash used in investing activities
Cash flows from financing activities
Loan repayments in year
Net cash used in financing activities
Notes
1
3113/25
162,694
(27,150)
135,544
(24,244)
6,163
(18,081)
(19,704)
(19,704)
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period
97,759
490,987
588,746
The notes form part of these financial statements
Page 10
31/3/24
148,787
(27,939)
120,848
(6,333)
6,137
(196)
(18,340)
(18,340)
102,312
388,675
490,987

The Lyme Trust
Notes to the Cash Flow Statement
for the Year Ended 31st March 2025
1.
Reconciliation of net income to net cash flow from operating activities
Net income for the reporting period (as per the Statement of Financial
Activities)
Adjustments for:
Depreciation charges
Interest received
Interest paid
Increase in debtors
(Decrease)/increase in creditors
Net cash provided by operations
2.
Analysis of changes in net funds
Net cash
Cash at bank and in hand
A11.424
490,987
490,987
Debt
Debts falling due within 1 year
Debts falling due after 1 year
Total
(19,446)
(321,558)
(341,004)
149,983
The notes form part of these financial statements
Page 11
31/3/25
189,696
32,574
(6,163)
27,150
(34,425)
(46,138)
162,694
Cash flow
97,759
97,759
(2,050)
21,754
19,704
117,463
31/3/24
54,624
45,990
(6,137)
27,939
(4,302)
30,673
148,787
At 31.3.25
588,746
588,746
(21,496)
(299,804)
(321,300)
267,446

The Lyme Trust
Notes to the Financial Statements
for the Year Ended 31st March 2025
1.
Accounting policies
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) '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),
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it
is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
harity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement an
he amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and ha
been classified under headings that aggregate all cost related to the category. Where costs cannot be directly
attributed to particular headings they have been allocated to activities on a basis consistent with the use of
resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
Freehold property
mprovements to propert
ixtures and fitting
Computer equipment
2% on cost
5% on cost
:
25% on reducing balance
25% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
'ension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitabl
company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 12
continued...

The Lyme Trust
Notes to the Financial Statements - continued
for the Year Ended 31st March 2025
2.
Donations and legacies
3.
4.
Donations
Investment income
Interest receivable
Income from charitable activities
Housing Benefits & Rents
Charitable activities costs
Activity
Charitable Activities
Direct
Costs
911,280
313/25
2,593
31/3/25
6,163
31/3/25
1,463,009
Support
costs (see
note 6)
370,789
31/3/24
7,571
31/3/24
6,137
31/3/24
1.389,097
Totals
1,282,069
6.
7.
Charitable Activities
Support costs
Charitable Activities
Management
€
335,139
Net income/(expenditure)
Net income/(expenditure) is stated after charging/(crediting):
Finance
27,150
Governance
costs
8,500
Totals
370,789
8.
Auditors' remuneration
Depreciation - owned assets
31/3/25
8,500
32,574
31/3/24
€
7,500
45,990
Trustees' remuneration and benefits
There were no trustees' remuneration or other benefits for the year ended 31st March 2025 nor for the year ended
31st March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st March 2025 nor for the year ended
31st March 2024.
Page 13
continued...

The Lyme Trust
Notes to the Financial Statements - continued
for the Year Ended 31st March 2025
9.
Staff costs
Wages and salaries
Social security costs
Other pension costs
31/3/25
540,399
41,790
15,457
597,646
31/3/24
496,564
36,238
14,684
547,486
10.
The average monthly number of employees during the year was as follows:
31/3/25
Provision of accomodation and support
Management and administration
21
31/3/24
18
5
23
The key management personnel of the trust comprises the senior management team. The total amount of
employee benefits(including employer pension contributions) received by key management personnel was
£124,382 (2024: £157,133).
Comparatives for the statement of financial activities
Income and endowments from
Donations and legacies
Charitable activities
Charitable Activities
Investment income
Total
Expenditure on
Charitable activities
Charitable Activities
NET INCOME
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Unrestricted
fund
7,571
1,387,097
6,137
1,400,805
1,346,181
54,624
847,734
• 902,358
Page 14
continued..

The Lyme Trust
Notes to the Financial Statements - continued
for the Year Ended 31st March 2025
11. Tangible fixed assets
12.
Cost
At Ist April 2024
Additions
At 31st March 2025
Depreciation
At Ist April 2024
Charge for year
At 31st March 2025
Net book value
At 31st March 2025
At 31st March 2024
Freehold
property
911,257
911,257
183,209
18,102
201,311
709,946
728,048
Debtors: amounts falling due within one year
Trade debtors
Other debtors
Prepayments and accrued income
Improvements
to
property
103,086
24,244
127,330
47,482
4,940
52,422
74,908
55,604
Fixtures
and
fittings
€
200,346
200,346
177,842
5,626
183,468
16,878
22,504
13.
Creditors: amounts falling due within one year
Bank loans and overdrafts (see note 15)
Trade creditors
Social security and other taxes
Pension
Other creditors
Accruals and deferred income
Page 15
Computer
equipment
82,950
82,950
75,590
3,906
79,496
3,454
7,360
31/3/25
48,548
9,966
58,514
31/3/25
21,496
14,228
10,753
2,395
11,716
60,588
Totals
1,297,639
24,244
1,321,883
484,123
32,574
516,697
805,186
813,516
31/3/24
16,795
200
7,094
24,089
31/3/24
19,446
43,953
3,225
1,804
3,471
32,777
104,676
continued...

•
The Lyme Trust
Notes to the Financial Statements - continued
for the Year Ended 31st March 2025
14. Creditors: amounts falling due after more than one year
Bank loans (see note 15)
15. Loans
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank loans
Amounts falling between one and two years:
Bank loans - 1-2 years
16.
Movement in funds
Unrestricted funds
General fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
TOTAL FUNDS
Page 16
At 1.4.24
902,358
902,358
Incoming
resources
1,471,765
1,471,765
At 1.4.23
847,734
847,734
31/3/25
€
299,804
31/3/25
€
21,496
299,804
Net
movement
in funds
189,696
189,696
Resources
expended
(1,282,069)
(1,282,069)
Net
movement
in funds
54,624
54,624
31/3/24
321,558
31/3/24
19,446
321,558
At
31.3.25
1,092,054
1,092,054
Movement
in funds
€
189,696
189,696
At
31.3.24
902,358
902,358
continued...

The Lyme Trust
Notes to the Financial Statements - continued
for the Year Ended 31st March 2025
16. Movement in funds - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
1,400,805
1,400,805
A current year 12 months and prior year 12 months combined position is as follows:
Resources
expended
(1,346,181)
(1,346,181)
Movement
in funds
€
54,624
54,624
At 1.4.23
Net
movement
in funds
At
31.3.25
Unrestricted funds
General fund
847,734
244,320
1,092,054
TOTAL FUNDS
847,734
244,320
1,092,054
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows:
Incoming
resources
Resources
expended
Movement
in funds
2,872,570
(2,628,250)
244,320
2,872,570
(2,628,250)
244,320
17.
Unrestricted funds
General fund
TOTAL FUNDS
Related party disclosures
During the year the charity entered into the following transactions with related parties-
Lymebrook Media Limited- PR services paid in the year was £12,693 (2024- £12,228).
This is a company owned by former trustees Mr L. Wilbraham and Mr G. Thomson
Page 17

The Lyme Trust
Detailed Statement of Financial Activities
for the Year Ended 31st March 2025
31/3/25
Income and endowments
Donations and legacies
Donations
Investment income
Interest receivable
Charitable activities
Housing Benefits & Rents
Total incoming resources
Expenditure
Charitable activities
Wages
Social security
Pensions
Rent, rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Advertising
Sundries
Professional fees
Healthcare
Motor & travelling
Resident's social activities
Training
Health & safety
Repairs & maintenance
Bad debt expense
Redundancy payments
Dep'n of freehold property
Dep'n of imp'ts to property
Dep'n of fixtures & fittings
Dep'n of computer equipment
2,593
6,163
1,463,009
1,471,765
224,449
22,601
15,457
171,602
26,031
119,779
3,486
11,205
14,505
61,962
40,300
1,640
21,070
15,095
9,691
14,232
85,597
8,979
11,025
18,102
4,940
5,626
3,906
911,280
Support costs
Management
Wages
Social security
Finance
Bank interest
315,950
19,189
335,139
27,150
This page does not form part of the statutory financial statements
Page 18
31/3/24
7,571
6,137
1,387,097
1,400,805
236,872
16,957
14,684
166,613
34,988
75,342
5,961
15,493
15,505
62,368
24,858
1,656
20,813
19,790
14,542
10,723
199,094
49,520
17,962
4,167
18,493
5,368
1,031,769
259,692
19,281
278,973
27,939

The Lyme Trust
Detailed Statement of Financial Activities
for the Year Ended 31st March 2025
Finance
Governance costs
Auditors' remuneration
Total resources expended
Net income
31/3/25
f
8,500
1,282,069
189,696
31/3/24
7,500
1,346,181
54,624
This page does not form part of the statutory financial statements
Page 19