REGISTERED COMPANY NUMBER: 03267791 (England and Wales)
REGISTERED CHARITY NUMBER: 1059064
ort of the Trustees and
Audited Financial Statemenls for the Year Ended 31 March 2025
for
The Chester Link
an
ited b Guaranlee
Acom

The Chester Link
Contents of the Financial Slatements
for the Year Ended 31 March 2025
Page
Reference and Administrative Details
Report of the Trustees
Report of the Independent Auditors
Statement of Financial Activities
12
Balance Sheet
13 to 14
Cash Flow Statemeni
15
Noie5 to the Cash Flow Statement
l6
Notes to the Financial Statements
17 to 24
Detailed Statement of Financial Activities
25

The Chester Link
Reference and Administrative Details
for the Year Ended 31 March 20?5
TRUSTEES
R J Causer (Chairnian)
K A Robertson
H Caley
M T Mannion
I P Spink (Treasurer)
GRDick
EPOffer
l Matson
COMPANY SECRETARY
K A Robertson
REGISTERED OFFICE
Suite l B
Third Floor
10 St John Street
Chestcr
Cheshire
CHI IDA
REGISTERED COMPANY
NUMBER
Oi267791 (England and Wales)
REGISTERED CHARITY
NUMBER
1059064
AUDITORS
Johnstone Howell & Co
Statutory Auditors
104 Whitby Road
Ellesmere Port
Cheshire
CH65 OAB
SOLICITORS
Aaron and Partners
5-7 Foregate SITeet
Chester
CHI IHG
Page I

The Chester Link
Re ort of the Trustees
for the Year Ended 31 March 2025
The trustees who are also directors of the charity foT ihe purposes of the Companies Act 2006, present their Teport with
the fJnan¢ial statements of the charity for the year ended 31 March 2025. The t￿stees have adopted the provisions of
Accounting and Reporting by Charities." Statement of Recommended Prdctice applicable to charitie5 PTepaTing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019).
Page 2

The Chester Link
ort of the Trnstees
for the Year Ended 31 March 2025
OBJECTIVES AND ACTIVITIES
Objectives and aim5
Mission Statement
Chester Link supports individuals with learnino disabilities to lead independent and ￿lfIllIn0 lives by facilitsting and
providing person-centred high quality care.
The strateoic aims are to:
Ensure that our rn05t important responsibility is to service users.
Work to promote the independence. choices, rights and responsibilities of service users. We will listen to service users
lo develop and provide services, activities, support and opportunities that are ITJ direct response to their expressed or
identified needs. We will enstwe that service users are involved in the decisions ihat affect them wherever possible. We
will encouraoe service users to speak up on their own behalf and use Advocacy Services as appropriate.
Value our staff, ensuring that they are well trained, infornied and involved in the organisation's development, ensuring
that we follow best practice.
Involve service users, families because it is fundam¢nlal to the way we work.
Work within a framework of regularly reviewed policies. infornied decision Making, and high quality, professional
stsndards of service delivery.
Work in partnership with other organisations to secure the best response to the needs of our service users.
The Charitable Company supports seventeen people in properties in Chester and WinsfoTd.
At all properties, a staff team is employed on a rota to ensure the provision of support services that are tailor made lo
meet the needs of each service user. The houses are run as shared horne5, With service users, where they can, taking
responsibility for their share of tasks to promote independence. Service users are charged for the services they receive
and use their benefits to pay for supported accommodation and care.
Main objectives and outcomes for the year 202412025:
Main outcomes
The company is back to a financial surplus, that is very much due to (he ongoing focus on our financial spend and
overall perfornianee from the Treasurer and Chief Officer and the leadership team. The company remains open to
consider all business opporninities which meet with our strategic direction aTJd objectives.
continued thanks to all our partner companies and contractors who work with us to deliver services in a safe,
sustainable and secure manner.
Finally, the trustees wish to continue to recognise the contribution by the Chester Link leadership team for their
significant work during the year. They work with flexibility lo fill in statTino shorta(pes and support the delivery of a safe
and secure service in often challenging circumstances which is testament to the commitment, loyalty and resolve of all in
the team. Particular mention again to Anna Maclese, our Chief oificer for her leadership and total professionalism in
delivering our services set against the wider challenges for health and social care.
Service users
Emphasis continues to be on the improvements of services to service users as iheir individual needs and abilities Chanoe.
The company offers to provide service users with three services, Housino
Care and Support. The service at Winsford
ha5 only care and support provided wilh a close working relationship with a housing association who provide the
housing, and a linked SLA is in place between the two parties. One service in Chester is in a propety owned by a
charitable trust with Chester Link beinLT responsible ftir the care and the day-to-day maintenance of the building.
Staff manatse changes in the availability of services frorn outside agencies on an ongoing basis. The company continues
to work with Cheshire West and Chesler Council and Wirral Council.

The Chester Link
ort of the Trustees
for the Year Ended 31 March 2025
The company has a strategy to enhance the quality of service userfs accommodation through its cyclical maintenance
programme, which includes upJtt ades to bedroom and baihroom facilities for service users and to maintain the high
standard of generdl up keep of the properties. The Housing Coordinator is responsible for housing manaoement
activities.
Service users maintain their own independent livinu supported by our staff. This results in individual and small group
holidays being taken ihrouJout the year, 5UPPOrted by a regular programme of activities for those service users who
wish lo participate. These have been undertaken In the Chester Link properties and within the wider community.
Staff
Siaff teams continue to be stable witl) some chantses in year. The company's staff turnover is below the average tUTnover
of social care staff across the seclorlcountry although recruitment pressures continue to be felt during the year in some
houses. The company places great importance on rhe investment in staff education, trainino and staff development. This
has demonstrable benefits to the needs of service users.
Cliester Link is now a registcred training ccntrc and are approved to qualify slaff at Levels 2, 3, 4 and 5 in health and
social care, leadership and management. This is led by ihe Training Coordinalor. This is an investment in ihe quality of
training as we can ensure that the qu81if)calions are tailored to the service we deliver.
All staff have their own personal development plans ihat are used to direct individual training prograiiimes to meet their
needs.
These plans are the basis under which staff receive continuous professional development as well as
coinpanywide training on subject5 such as medicines manageinent. Under the direction of our Chief Officer and
Registered Manager, the Care and Staffing C(￿rdInal0TS manaoe the daily activities of service users and staff.
Operational policy docurnents required by employment, housing, and care and support agencies continue to be subject to
review in line with the company's policy review timetable.
Management
Service users and staff teams have regular meetings and each Service Team meets regularly with their Lead Support
Worker and representatives from the management team. The minutes of all sets of meetinos are suinmarised, and any
emerging issues are shared with the sub committees and full Board to enable immediate concerns to be addressed.
The 5ub-cominittees are led by trustees, they meet and prepare reports for the full board of Trustees a5 required.
Public Benefit
The trustees confirni tliat tliey have referred to the guidance coniained in Ihe Charity Commission's general guidance on
Public Bencfit whcn rcvicwing the chariry's aims and objectives and in planning its future activities.
Page 4

The Chester Link
ort of ihe Trustees
for the Year Ended 31 March 2025
STRATEGIC REPORT
Financial Position
The Trustees Thote the financial results of the year. This year has seen again a surplus of income s¢t against overall
expenditure levels. The company maintains a programme of refurbishment and upgrades to property to maintain the high
standards the company has set for accommodation and to maintain its services throughout. The company continues to
face and manage the challenges of increased staffing cosls including uplifts to Naiional Insurance, hioh aDency costs,
and cost of living increases in utilities and food. The company retains its commitment in investino in hioh quality staff
training far above the mandatory levels set. and is bespoke around the needs of the Service users.
The Charity had total incomino resources in the year of £1,850,997 (2024 £1,751,721) and resources expended of
£1,784,662 (2024- £1,659,367) which has resulted in nel incoming resources of £66,335 {2024 - nei incoming resources
of £92,354).
The Trustees consider that the income resources in the foreseeable fun]re will finance the ordinary aciivities of the
Cliarity.
Resources expended
The provision of accoinmodation and support services for our service users is the expenditure of the Charity.
A mort¥oage loan. from the charity's bankers CAF Bank pl¢. is secured on one freehold propety.
No grants were made from the Capital Support Fund during the year.
Reserves Policy
The Trustees have reviewed the reserves of ihe charity. This review encompassed the nature of ihe income and
expenditure of the charity, and the need io match variable income iviih fixed coinmitments and the nature of the reserves.
The review concluded that to allow Ihe charity to be managed efficiently and to provide a buffer for uninterrupied
services, free reserves equivalent to between £150,000 to £200,000 should be mainiained.
During the year the chariry's general reserves have increased to £1,566,867 at the year end. The trustees regularly
review the charitys reserve requirements to ensure that Ihey are in line with the charitys activities and provide cover for
the growth in annual expenditure.
Ineome generation and reserves
Inci)me generation
The charity receives its income either directly from ihe service users or from Cheshire West and Chester Council and
Wirral Council.
Donations from individuals and charilies continue to be received and Chester Link is grate￿1 for all donaiions received.
In 2024125 the company continued with some limited fundraising to oenerate additional funds for service usel5
activities, with the annual Christmas raffle being ihe main fvndraising activity.
Corporate priorities for 202412025 and beyond
In May 2016 the company finished a ihree-year business planning process which was supported by a volunteer from
Chester Voluntary Action and a full report wa5 received and approved by the Board in May 2016. Given the ever
changing business environment the Board agreed that the Business plan required to be refreshed and working with
Chester Voluntary Action a new volunteer was identified who agreed to support the BoaTd in this task which was
undertaken during the 2019120 financial year. A new summary set of business objectives was received by ihe board for
rther development. A ￿11 board session took place in 2023 and in October 2024 a further review and business
plannino session took place to review progre55 against actions and this work remains a focus for the ￿1] board moving
forward into 202512026.
The company continues to seek new business opportunities with partners and families to develop its services.
Page 5

The Chester Link
ort of the Trustees
for the Year Ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The charity is a charitable company limited by guarantee incorpornted on 24 October 1996. It is governed by a
Memorandum and Articles of Association.
At the trustees, Board meeting of the 9 May 2016 the trustees aJo eed to change the articles of association which were
originally established on the 24 October 1996 to the following words which now more accurately reflect the company's
work.
Its original objects are:
(a) the relief of persons with learnino difficulties in the City of Chester and its environs (the area), and of the families of
sucli persons, in particular throuJ the promotion and provision of supported accommodation. and
(b) the promotion and provision of educaiion and trdining facilities for persons witli learning ditTiculties in the area,
particularly facilities which lead to self-reliance and independent living within the community.
A change to the company's objects were approved at the September 2016 AGM and remain as:
(a) the relief of persons with learning disabililies, and of the families of such persons, in particular through the
promotion and provision of supported accommodation. and
(b) the promotion and provision of care and support for persons with learning disabilities, particularly facilities which
lead to self-reliance and independent living within the community.
Election and Role of Trustees
The charity has adopted the Trustee Model" whereby the charity's trustees are the voting members of the organisation
and the Board of Directors.
New trustees are supported through an induction process. whi¢h includ¢s a presentation, planned visits to each
department of the organisation. plus written material giving additional background inforniation and outlining the
responsibilities as a trustee.
The Board of Trustees is responsible for the overall oovemance and direction of the charity, With day-lo-day operational
managemeni delegated to the Chief Officer. Mrs Anna Macle5e.
The truslee directors meet three/four times each year and at other limes as the business demands.
No dire¢torltrustee has any beneficial interest in the company. The subscribing members of the company undertook to
contribule £1 each in the event of a winding up.
Governance and Structure
ThL' charity continues to review its structure to ensure it fits its service users, needs and day to day operational pressures.
The current leadership structure is as follows:
Leadership structure
Tlie company now employs over 60 staff in full time. part tirne and relief basis. The Chief OITJcer is responsible for all
day-to-day operational management. There are four coordinating managers, the Care, Staff, Training and Housing
Coordinator5 all report to the Chief Offjcer. Lead Support Workers covering the newly fornied four rnain operational
areas of the company's business are in post to support the day-to-day and on call duties with the leadership ieam. In
addition, there is a bank of dedicated and experlenced Relief Support Workers, the company also employs Admin staff
and with their dedicated company bookkeepeT to an outsourced provider. The company employ5 a CQC Registered
Manager who is responsible for the day-to-day care and support services.
Board and subcommittee structure
The Board is supported by four sub-committees (Care and Suppor¢ Housing, Finance and Service Development) that
fonnally report ¢0 the Board, comprising a number of ttvstees. the Chief OtTicer and relevant coordinating managers as
required.. These sub committees are planned ro meet three times per year or more frequently to meet the company's
business requirements.
Page 6

The Chester Link
Re
ort of the Trustees
for the Year Ended i l March 2025
STRucfuRE, GOVERNANCE AND MANAGEMENT
Internal Control
The trusiees have overall responsibility for ensuring that the charity has appropriate systeins of control, financial and
otlierwise. They are also responsible for keeping proper accountino records that disclose with reasonable accuracy at any
time the financial position of the charity and enable ihem to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking
IEasonable sieps for the prevention and detection of fraud and other i￿¢gUlaritIeS and to provide reasonable assurance
that:
The charity is operating etyiciently and effectively"
Its assets are safeguarded against unauthorised use or disposition.
Proper records are maintained and financial inforn)ation used within the chaTity or for publication is reliable.
The charity complies with relevant laws and regulations.
The systems of internal control are designed to provide reasonable, but not absoluie, assurance against material
misstatement or loss. They include:
A straregic plan and annual budget approved by the trustees.
Regular consideration by the trustees of financial resulis. variance from budgets, non-financial perforniance indicators
and benchmarking reviews.
Delegation of authority and segregalion of duties.
Id¢ntifieation and management of risks.
Quality Assur8n¢e
Tl)e company is Tegistered with Ihc Care Quality CoTnmission (CQC) and after an announced inspection on the 21
Septeinber 2018 a report was received on 24 October 2018 rating the CoMpan￿S activities as overall "good" and in the
five domain areas of inspection also rated as 'good"
The ¢ompany is registered and approved by The Cheshire West and Chester Council as a provider of care and support,
the company is also registered by Wi)Tal Council.
Risk Assessment
The trustees have a fornial risk management process, including a risk regisier, to assess business risks and implement
risk management strategies. This involves identifying the types of risks tlie charity faces. prioritising them in terms of
potential impact and likelihood of occurrence. and identifying means of mitigating the risks. As part of this process. the
trustees continue to review risk elements of the company's activities during the year which included the adequacy of the
charity's current internal controls.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also the directors of The Chester Link for the purposes of company law) are responsible for
preparing the Report of the Trustees and the financial 5laternents in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law require5 the trustees to prepare financial statements for each financial year. Under that law, the trustees
have elected to prepare the financial statements in accordance with United Kingdom Generdlly Accepted Accounting
Practice (United Kingdom Accounting Standards and applicable law).
Under company law the trustees must not approve the financial statements unless they are satisfied that they oive a true
and fair view of the state of affairs of the charitable company and of the incorning resources and application of
resources, including the income and expenditure, of the charitable company for that period. In preparing those financial
statements, the trustees aTe required to
selecl suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP.
make judgements and estimates that are reasonable and PTudent'
slate whether applicable accounting standards have been followed, subject to any material departure5 disc105ed and
explained in the financial statements.
prepare ihe financial statements on the (voino concern basis unless it 15 inappropriate to presume that the charitable
company will continue in business,
Page 7

The Chester Link
Re
rt of the TTUStee5
for the Year Ended 31 March 2025
STATEMENT OF TRUSTEES, RESPONSIBILITIES- continued
The trustees aTe responsible for keeping proper accounting records which disclose with reasonable accuracy at any time
the financia] position of the charitable company and to enable them to ensure that the fjnancial statements comply with
the Companies Act 2006. They are also responsible for safeouardintt the assets of the charitable company and hence for
taking reasonable step5 for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
there is no relevant audit infonnation 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
infonnation and to establish that the auditors are aware of that inforn]alion.
AUDITORS
The audiiors, Johnstone Howell & Co. will be proposed for re-appointment at the forthcoming Annual General Meetin
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, a5 the company
directors, on 20 October 2025 and signed on the board's behalf by:
M3. LL Ir. fytyisLn
Wmortlrfn - Trustee
Co. SeQ

Re
ort of the Inde endent Audito￿ to the Trustees of
The Chester Link
Opinioll
We have audited the financial Statements of The Che5t¢r Link (th¢ 'charilable company,) for the year ended
31 March 2025 which comprise the Siatement of Financial Activities. the Balance Sheet, the Cash Flow Statement and
no1¢5 to the financial statements. includints a summary of significant accountino
policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accountints Practice).
In our opinion the financial statements-.
oive a true and fair view of the State of the charitable companYs affairs as at i l March 2025 and of its incoining
resources and application of resources, including its income and expenditure, for the year tlien ended,
have been properly prepared in accordance wilh United Kingdom Generally Accepted Accounting Prnctice. and
have been prepared in accordance with the reguirements of the Companies Act 2006.
Basis for opinioTh
We conducted our audit in accordance with International Slandards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those standards are fvrther described in the Auditors. responsibilities for the audit of the
financial slalements section of our report. We are independenl of the charirable company in accordance with tlie eihical
requiremenis 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 tl)at Ihe audit
evidence we have obtained is sutTicient and appropriate lo provide a basis for our opinion.
Conclusions relating to going concern
In audiling the financial slalernents, we have concluded that the trustees, use of ihe going concern basis of accounting in
the preparation of the financial statements is appropriate.
Based on the work we have perfornied. we have not identified any material uncertainties relating to events or conditions
that, individually or collectively, may cast significant doubt on the charitable companys ability to conlinue as a going
concern for a period of at least twelve months from when the financial statements are auihorised for issue.
Our Tesponsibilities and ihe responsibilities of the trustees with respect to going concern are described in ihe relevant
sections of Ihis report.
Other informatlon
The trustee5 are responsible for the other inforniation. The other inforniaiion comprises the inforniation included in the
Annual Report, other than the financial statements and our Report of the Independent Auditors Ihereon.
Our opinion on the financial stateinents does not cover the other inforniation and, except lo the exteni othenvise
explicitly stated in our report, we do not express any forni of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other inforn]ation and. in doing
so, consider whetlier the other inforniation is materially inconsistent with the financial slatcmcnts or our knowledge
obtained in the audit or otherwise appears to be materially misstated. Ef we idcnlify such material inconsistencies or
apparent material misstatements. we ar¢ required to dctcrniine whether tllis gives rise to a material misstatement in the
fLnancial statements themselves. If, based on the work we have perforned, we conclude that there is a material
misstatement of this other inforn]ation, we are required io report that fact. We have nothing to report in thi5 regard,
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations
2008 requires us to report to you if, in OUT opinion-.
the infonnation given in the Report of the Trustees is inconsistent in any material respect with the financial
staternents; or
the charitable company has not kept adequate accounting record5: or
the financial slatements are not in aoreement with the accountino records and returns. or
we have not received all the infomiation and explanations we require for our audit.

ort of the Ind
endeni Auditors to the Tn￿teeS of
The che￿er Litlk
Responsibilities of trustee5
As explained more ￿llY in the Statement of Trustees, Rc5ponsibilities. the trustees (who are also the directors of the
charitable company for the PUTP05es 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 deterniine 15 necessary
to enable the preparation of financial statements thal 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, matter5 related to goino concern and using the goino concern
basis of accounring unless the trustees either intend to liquidate Ihe charitable company or to cease operations. or have
no realistic alternative but to do so.
Our responsibilities for the audit of the financial slatements
We have been appointed as audilors under Section 144 of the Charities Act 201 l and report in accordance with the Act
and relevant regulaiions made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement. whether due to fraud OT error, and to issue a Report of the Independent Auditors that includes our
opinion. Reasenable assurance is a high level of assurance, but is not a guaraniee that an audit conducted in accordance
with ISAS (UK) will always detect a material misslatement whcn it exists. Misstatements can arise from fraud or error
and are considered material if, individually or in the aggregate. they could reasonably be expected to influence the
¢conomic decisions of users taken on thc basi5 of these financial statements.
The exteT]t to which our procedures are capable of detec¢ing I￿¢gUlarItIes, including fraud is detailed below:
We (rained an understanding of th¢ legal and regulatory framework applicable to the charitable company and the
industry in which it operates, and considered the risk of acts by the charitable company thai were contrary to applicable
laws and regulations. including fraud. We designed audit procedures to respond to the risk, recognising that the risk of
not detecting a material Inisstatement due to fraud is higher than the risk of not detecting one resulting from error, as
fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through
collusion.
We focu5sed on laws and regulations which Could give rise to a material misslalcmcnl in the financial stalements,
includin
bul not limited to, the Companies Act 2006 and UK tax legislalion. Our lests included agreeing the financial
statement disclosures to underlying supporting documentation and enquiries wilh managernent, There are inherent
limitations in the audit procedures described above and, the fvrther removed non-compliance with laws and regulations
is from the events and transacrions reflcctcd in the financial statements, the less likely we would become aware of il. We
did not identify any key audit matters relatints io ]￿egularitieS, including fraud. A5 in all our audits. we also addressed
the risk of management override of internal controls, including testing journa15 and evaluating whethei. there was
evidence of bias by the trustees that represented a risk of material misstatement due to fraud.
We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team
members who were all deemed to have appropriate compclenLe and capabilifies. and remained alert to any indications of
fraud or non-compliance with laws and regulations throughout the audit.
A further description of our responsibilities for the audil of ihe financial statements is located on the Financial Reporting
Council's web51te at www.frc.org.uk/auditorsresponsibilities. This description fornis part of our Report of the
Independent Auditors.
Page 10

ort of the Inde
endent Auditors to the Trustees of
The Chester Link
Use of our report
This report is made solely to the charitable compan> s trustees. as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulaiions 2008. OUT audil work has been undertaken so ihat we might state lo the charitable
company's trustees those matters we are required 10 state io them in an auditors, report and for no other purpose. To the
fullest extenl pern]itted by law, we do not accept OT assume responsibility to anyone other than the charitable company
and the charitable company's trustees as a body, for our audil work, for this report, or for the opinions we have fornied.
for and on behalf of Johnstone Howell & Co
Statutory Auditors
Eligible to act as an auditor in terms of Section 1212 ofihe Companies Act 2006
104 Whiiby Road
Ellesmere Port
Cheshire
CH65 OAB
20 October 2025
Pagell

The Chester Link
Statement of Financial Activities
for the Year Ended 31 March 2025
2025
Total
funds
2024
Total
funds
Unrestricl¢d
funds
Restricted
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
3,760
3,760
566
Charitable aetivities
Residents, contributions
1,844,055
1.844.055
1,750,636
Investment income
3,182
3,182
519
Total
1,850.997
1,850,997
1,751,721
EXPENDITURE ON
Charitable activities
Staff costs
Household expenses
Governance
Support costs
Mortgage interest
Raised funds expended
1.491,919
196.117
23,586
60,074
1,867
1,099
.491,919
196,117
23,586
60,074
11,867
1,099
1,409,730
152,218
24.055
59,061
12,320
,983
Total
1,784,662
1,784.662
1,659,367
NET INCOME
Other recognlsed gainsl(losses)
Gains on revaluation of fixed assets
66,335
66,335
92,354
i5,136
35,136
Net movement in funds
101,471
101,471
92,354
RECONCILIATION OF FUNDS
Total funds brought forward
1,845,477
1,845,477
1,753,123
TOTAL FUNDS CARRIED FORWARD
1,946,948
1,946,948
1,845,477
The notes foTm part of these financial slatements
Page 12

The Chester Link
Balance Sheet
31 March 2025
2025
Total
funds
2024
Total
nds
Unrestricted
funds
Restricted
fund
Notes
FIXED ASSETS
Tangible assets
1,880,000
1,880,000
1,844,864
CURRENT ASSETS
Debtors
Cash at bank and in hand
12
87.841
354,454
87.841
)54,454
125,998
207.049
442,295
442,295
333,047
CREDITORS
Ainounts falling due within one year
13
(135.454)
(135,454)
(83,261 }
NET CURRENT ASSETS
306,841
306,841
249.786
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,186,841
2,186,841
2,094,650
CREDITORS
Amounts falling due after more than one year
14
(239,893)
(239.893)
(249,173)
NET ASSETS
1,946,948
1.946,948
1,845,477
FUNDS
Unrestricted funds..
General fi]nd
Revaluation Reserve
Designated Financial Support fund
17
1.566,867
375,539
4.542
1,500.532
340.403
4,542
1,946,948
1,845,477
TOTAL FUNDS
1,946,948
1,845,477
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended ) l March 2025.
The Members have not deposlted notice> pursuanl to Section 476 of the Companies Act 2006 requirino aTh audit of these
fjnancial statements.
The trustees acknowledge their responsibilities for
(a)
ensuring thai the charilable company keeps accounting records that comply with Sections 386 and i87 of the
Companies Acl 2006 and
Prepai-ino financial slatemenls which give a true and fair view of the state of affairs of the charitable company as
at the end of each financial year and of its surplus or deficit for each financial year in accordance with the
requirements of Sections 394 and 395 and which oiherwise comply wirh the requirements of the Companies Act
2006 relatino to financial stalcments, so far as applicable to the charitable company.
(b)
These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011.
The notes fomi part of these financial statements
Page 13
continued...

The Chester Link
Balance Sheet - continued
31 March ?0?5
The financial statements were approved by the Board of Trustees and authorised for issue on 20 October 2025 and were
signed on it behalf by..
er (Chairman) - Trustee
I P Spink (Treasurer) - Trustee
The notes fom) part of these financial statements
Page 14

The Chester Link
Cash Flow Statement
for the Year Ended 31 March 2025
2025
2024
Noles
Cash floivs from operating activities
Cash generated from operations
Interest paid
165,370
(11.867)
45,105
( E2,320)
Net cash provided by operating activities
153.503
32,785
Cash flows from investing activities
Interest received
3,182
519
Net cash provided by investing activilies
3.182
519
Cash flows from financing activities
Loan repayments in year
(9,280)
(8,826)
Net cash used in financino activities
(9,280)
(8,826)
Change in eash and eash equiv21ent$ in
the reporting period
Cash and eash equivalents at the
beginning of the reporting period
147,405
24.478
207.049
182,571
Cash and cash equivalents at the end of
the reportlng period
354.454
207,049
The notes forn) part Df these financial statements
Page 15

The Chester Link
Notes to the Cash Flow Statement
for the Year Ended 31 March 2025
RECONCILIATION OF NET JNCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2025
2024
Net income for the reporting period (as per the Statement of Financial
Aclivities)
Adjustments for..
Interest received
Interest paid
Decrease/(in¢rease) in debtors
Increase in creditors
66,335
92,354
(3,182)
11,867
38.157
(519)
12,320
(77,555)
18,505
Net cash provided by operations
165,370
45,105
ANALYSIS OF CHANGES IN NET (DEBTYFUNDS
Al 1.4.24
Cash flow
At 31.3.25
Net eash
Cash at bank and in hand
207,049
147,405
354,454
207,049
147,405
354,454
Debt
Debts falling due within l year
Debts falling due after l year
(10,200)
(249,173)
(10,200)
(239,893)
9,280
(259,373)
9,280
(250,093)
Total
(52,324)
156,685
104,361
The notes fonn part of these financial statements
Page 16

The Chester Link
Notes to the Financial Statements
for the Year Ended 31 March 2025
ACCOUNTJNG POLICIES
Basis of preparing the financial statements
The financial ststements of the charitable company, Mllich is a public benefit entity under FRS 102, have been
prepared in accordance with the Charitie5 SORP (FRS 102) 'Ac¢ounting and Reporting by Charities: Statement
of R¢cominended Practice applicable to charities preparing their accounts in accordance with the Financial
Reportin¢y Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 10? 'The Financial Reportin
Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost
convention. as modified by the revaluation of cermin assets.
Income
All income is recognised in the Statement of Financial Activities once the charity has entillement to the fvnds, it
is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recoJo ised as expenditure as 500n as there is a legal or constructive obligation committing the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in s¢ttlcment and
the ainount of thc obligaiion can be Jneiisured reliably. Expenditure is accounted for on an accruals basis and has
been classified under headings thal aggreaate all cost related to the caiegory. Where costs cannot be directly
attribuied to particular headings they have been allocated to aciivili¢s on a basis consistent with the use of
resources.
Tangible fixed assets
The director trustees consider thal the freehold land and buildings have a residual value not less than book value
as a consequence of the charity's policy to mainlain the properties in such a condition that their value as a whole
is not impaired by the passage of time. No depreciation has, therefore, been provided as the amount jnvolved is
insignificant.
The cost of such maintenance is charged lo revenue each year.
The trustee direciors consider that this departure from statutory accounling principles is necessary in Order that
the financial statements may give a true and fair view.
Taxation
The charity is exempt from corporation tax on its charitable activilies.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretlon of the trustee5.
Restricted funds have been given lo ihe charity for a particular purpose and can only be spent on that purpose.
Designated funds are unrestricted funds that the trustees have set aside for a particular purpose. Such funds can
be unde5ignated or re-designated.
Further explanation of the nature and purpose of each fvnd is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charcved to the Statement of Financial Activities on a straioht line basis
over the period of the lease.
Governrnent grants
Government grants are recognised when there is reasonable assurdnce that the entity will comply with the
onditions attaching to the grdnt and the grant will be received.
Page 17
continued...

The Chester Link
Notes to the Financial Statements - continued
for the Year Ended 31 Imarch 2025
DONATIONS AND LEGACIES
2025
2024
Donations and fundraising
3,760
566
INVESTMENT INCOME
2025
2024
Deposit account interest
3,182
519
INCOME FROM CHARITABLE ACTIVITIES
2025
2024
Activity
Residents, contribulions
Residents, contributions
1.844.055
1,750,636
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 6)
Direct
Costs
Totals
Staff costs
Household expenses
Governance
Support costs
Mortgatse interest
Raised funds expended
1.491,919
196,117
1,491.919
196,117
23,586
60.074
11,867
1,099
23,586
60,074
11,867
1,099
1,689,135
95,527
1,784,662
SUPPORT COSTS
Governance
costs
Management
Finance
Totals
Governance
Support costs
Mortgage interest
23,586
23,586
60,074
11,867
60,074
11,867
60,074
11,867
23,586
95,527
NET INCOMEI(EXPEIYDITURE)
Net income/(expenditure) is stated after chargingl(crediling):
2025
2024
Auditors, remuneration
Other non-audit services
Other operating leases
3,840
18,375
11,840
3,720
18,967
11,617
Page18
continued...

The Chester Link
Noies to the Financial Statements - continued
for the Year Ended J l March 2025
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remunerdtion or oiher benefits for the year ended 31 March ?0?5 nor for the year ended
31 March 2024.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
A director trustee received re-imbursement of approved expenses which they necessarily incurred on behalf of
the charity totalling £70 {2024 - £100).
STAFF COSTS
2025
2024
Wages and salaries
1,489,000
1,402,420
I,489,000
1,402,420
The average monthly numb¢r of employees during ihe year was as follows..
2025
52
2024
57
Charitable activities
Governance, administration
61
62
No employee5 received emoluments in excess of £60,000.
io.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
nds
Restricted
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
566
566
Charitable activities
Residents, contributions
1,750,636
1,750.636
Investment income
519
519
Total
,751,721
1.751,721
EXPENDITURE ON
Charitable activities
Staff costs
Household expenses
Governance
Support costs
Mortgage interest
Raised ￿ndS expended
1,409,730
152.218
?4,055
59,061
12,320
1,983
1,409,730
152,218
24,055
59,061
12,320
1,983
Total
1,659,367
1,659,i67
NET INCOME
92,354
92,354
Paoe 19
continued...

The Chester Link
Notes to the Financial Statements - conrinued
for the Year Ended 31 March 2025
io.
COMPARATIVES FOR THE STA TEMENT OF FINANCIAL AcfiviTIES- Continued
Unrestricted
Restricted
funds
nd
Total
fijnds
RECONCILIATION OF FUNDS
Total funds brought forward
1,753,123
1,753,123
TOTAL FUNDS CARRIED FORWARD
1,845.477
1,845,477
ii.
TANGIBLE FIXED ASSETS
Freehold
property
COST OR VALUATION
At l April 2024
Revaluation5
1.844.864
35,136
At 31 March 2025
1.880,000
NET BOOK VALUE
At 31 March 2025
1,880,000
At 31 March 2024
1,844,864
Cost or valuation at 31 March 2025 is represented by:
Freehold
propety
Valuation in 2025
1,880,000
The sale of the freehold property known as 51 Benton Drive, Chester, CH2 2RD completed on 20 October 2025
for £230,000. The four other freehold properties M'ere subject to revaluation as at 28 March 2025 to £1,650,000
by Jack50n-Stops, Chartered Surveyors wlio are independent of the chariihblc company and have experience of
valuing similar property. The property has bcen valued on dn open market existing use basis.
The director trustees consider that the freehold land and buildings have a residual value not less than book value
as a consequence of the charity's policy to maintain the properties in such a condition that their value as a whole
is not impaired by ihe passage of time. No depreciation has, therefore, been provided as the amount involved is
insignificant.
The original c05t of the freehold land and buildings is £1,504,462 (2024 - £1,504,462).
There is a fixed and floating charge covering the freehold property known as Shirley House. 42 Liverpool Road.
Chester, CH2 IAQ. There is a floating charge covering all the property of the charity.
Page 20
continued...

The Chester Link
Noles to the Financial Siatements - continued
for the Year Ended 31 March ?025
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Prepayments
60.858
26,983
111,094
14,904
87,841
125,998
13.
CREDITORS- AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Bank loans and overdrafts (see note 15)
Trade creditors
Social security and other laxes
Accrued expenses
10,200
12,8)4
22,769
89,651
10,200
5,062
22,981
45.018
135.454
83,261
14.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025
2024
Bank loans (see note 15)
239,893
249,173
15.
LOANS
An analysis of ihe maturity of loans is given below:
2025
2024
Amounts falling due within one year on demand:
Bank loan5
10,200
10,200
Amounts falling betsveen one and two years:
Bank loans - 1-2 years
1,400
1,400
Amountq falling due between two and five years:
Bank loans - 2-5 years
41,000
41,000
Amounts fallino due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal
187.493
196,773
Paoe21
continued...

The Chester LIT
Notes to the Fpnancial Stalements - continued
for ihe Year Ended ) l March 2025
16.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due a5 follows:
2025
2024
Within one year
Between one and five years
10.659
17,617
10,659
10,659
28,276
17.
MOVEMENT IN FUNDS
Net
movement
in funds
At 1.4.24
At 31.3.25
Unrestricted funds
General ￿lld
Revaluation Reserve
Designated Financial Support fund
1,500,532
340,403
4,542
66,335
35,136
1,566,867
375.539
4.542
1,845,477
101.471
1.946,948
TOTAL FUNDS
1,845,477
101,471
1,946,948
Net movement in funds, included in (he above are as follows-
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted fund$
General fund
Revaluation Reserve
1.850,997
(1,784,662)
66,335
35,136
35,136
1,850.997
(1,784,662)
35.136
101,471
TOTAL FUNDS
1,850,997
(1,784,662)
35,136
101,471
Comp8ratlv¢s for movement in funds
Net
movement
in funds
At 1.4.2i
At31.3.24
Unrestricted funds
General fund
Revaluation Reserve
Designated Financial Support fund
.408.178
340,403
4,542
92,354
1,500,532
i40,403
4,542
1.753,123
92,354
1,845,477
TOTAL FUNDS
1,753.123
92,354
1,845,477
Paire 22
continued...

The Chester Link
Notes to the Financial Statements- continued
for the Year Ended 31 March 2025
17.
MOVEMENT IN FUNDS- continued
Comparative net rnovement in funds. included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
Generdl fund
,751.721
(1.659,i67)
92,354
TOTAL FUNDS
1,751,721
(1,659,367)
92,354
A current year 12 month5 and prior year 12 months combined position is as follows..
Net
movement
in fvnds
At 1.4.23
At31.3.25
Unrestricted funds
General fund
Revaluation Reserve
Designated FTnancial Support fund
,408,178
340,403
4,542
158.689
35,136
1,566,867
375,539
4,542
,753.123
193.825
1.946.948
TOTAL FUNDS
1,753,123
193,825
1,946,948
A current year 12 months and prior year 12 months combined nel movement in funds, included in the above are
as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fijnd
Revaluation Reserve
3,602,718
(3,444,029)
158,689
35,136
3.602,718
(3,444,029)
35,136
193,825
TOTAL FUiYDS
3.602,718
(3,444.029)
35,li6
193,825
PaDe 23
continued...

The Chester Link
Note5 to the Financial Statements - continued
for the Year Ended J l March 2025
18.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
19.
DESIGNATED FUNDS
FINANCIAL SUPPORT FUND
The FiT]ancial Support ￿nd has been established to allocate funds to a desTgnated account to provide finance lo
service users who were facing financial difficulties remaining as the charity's service users.
Patte 24

The Chester Link
Detailed Statement of Financial Activities
for the Year Ended 31 March 2025
2025
2024
INCOME AND E]YDOWMENTS
Donations and legacÈes
Donations and fundraising
3.760
566
Investment income
Deposit account interest
3,182
519
Charitable activities
Residents, contributions
1,844,055
1,750,6i6
Total incoming resources
.850,997
1,751,721
EXPENDITURE
Charitable activities
Staff costs
Rent and service charges
Ratcs and water
Insurance
Light and heat
Telephone and internet
Household expenses
Propety expenses
Training
Raised funds expended
1,489,000
11.840
8.263
16,951
26.846
10,419
53,785
68,013
2,919
1.099
1,402,420
1,617
7,767
14,999
28,421
12,458
47,310
29,646
7,310
1,983
,689,135
1,563,931
Support costs
Management
Secreiarial expenses
General expenses
Bank charge5
Professional fees
Computer costs
36,224
,445
528
5,348
16,529
27,880
212
20,035
9,813
60,074
S9,061
Finante
Mortgage
11,867
12,320
Governance costs
Auditors, rernunerdtion
Auditor5, remuneration for non audit work
Care Quality Commission
3,840
18,375
1,371
3,720
18,967
,368
23,586
24,055
Total resources expended
1,784,662
1.659.367
Net income
66,335
This page does not forni part of the statutory financial ststements
Patse 25