Company registration number: 3442518 Charity registration number: 1064628
Creative Living Centre
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2025
Creative Living Centre
Contents
| Chair of Trustees' Report | 1 |
|---|---|
| Trustees' Report | 2 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 to 21 |
Creative Living Centre Chair of Trustees' Report for the Year Ended 31 March 2025 In December 2024 we received the very welcome news that we'd received a third round of Big Lottery funding: 2406,784 over 3 years. We understand it's unusual for the Big Lottery to provide three rounds of funding so this was a testament to the quality of our bid submission. Tas entroding o in that our was el a ended med say gres and ourse air all participants engaged well in the event. Having appointed a new permanent Chief Officer in December 2024, we were very sorry that the new appointment didn't work out. However Lorna Wilson was appointed as Interim Chief Officer in April 2025 and, unsurprisingly, has done a sterling job ever since. Whilst Lorna steps up Georgia Mulvaney was appointed to back-fill Lorna's substantive post and has been a great addition to the team. Cody Hodkinson, Service Delivery Lead, left us at the beginning of 2025 to pursue new career opportunities. This allowed us to promote Tom Wild and we were delighted to enable his career development with the charity. numerous to mention here but all are valued and recognised nonetheless. In conclusion the charity continues to grow and prosper and the Board of Trustees feel very proud to have contributed to its continuing success. RF Hopkins Chaiman and Trustee Page 1
Creative Living Centre
Trustees' Report
The trustees, who are directors for the purposes of company law, present the Annual Report together with the financial statements of the charitable company for the year ended 31 March 2025.
Objectives and activities
Objects and aims
The company's objectives, as stated in the Articles and Memorandum of Association, are:
a) to promote the preservation of mental health and to assist in relieving persons suffering from emotional or mental distress requiring advice or treatment; and
b) to promote the education of the public in mental health issues.
The Creative Living Centre is a community resource which offers a range of courses, activities, social sessions, counselling and therapies, with the aim of helping people better understand and manage their mental health.
Public benefit
Activities and developments at the Centre are guided by the wishes and needs of the service users (members), working in collaboration with partners to ensure our service networks work effectively with the statutory and voluntary sector.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Achievements and performance
The CLC has secured a 3 year contract with Lottery Reaching Communities which has provided security for the charity and allowed the expansion of our volunteering offer, providing support to members with mental health challenges enabling them to access one off volunteering opportunities as part of the 5 ways to wellbeing model.
We have secured a contract to form part of the VCSE collaborative in the Neighbourhood Mental Health Service (NMHS), formerly Living Well, aiming to support those with complex and co-occurring conditions to gain tailored wrap around support both from Statutory Services such as Pennine Care and the VCSE network.
Our therapy offers expanded to 6 different interventions showing how a range of therapies can reach people who may have felt disconnected from traditional therapy routes. We were able to expand the centre opening times to include a Friday which has provided additional activities including a warm hub, additional holistic therapy sessions and access to the digital hub which is a new addition to the service offer.
Financial review
During the year to 31st March 2025, we submitted successful bids to the Henry Smith Flex Fund (£49,700) and Garfield Weston (£20,000). In December 2024 we learned that we were successful in our bid to the National Lottery Community Fund for funding totalling £406,784 over three years, the first tranche of which was received in March 2025 (£66,965). These funds have ensured that we were able to continue with our existing charitable work as well as embarking on new projects.
Despite working in an environment of increasing costs, we were able to manage our outgoings effectively, always seeking to make efficiencies wherever possible. The increase in wage costs from the previous year was partly due to two additional staff recruited as part of Early Break / Living Well initiative started by Bury MBC on a fixed term basis.
The unrestricted fund incurred a deficit of £41,728 during the year (per note 19 being £211,081 incoming resources less £252,809 expended resources). Management is implementing measures to address the deficit through cost control and future unrestricted revenues.
Page 2
Creative Living Centre
Trustees' Report
Policy on reserves
The reserves policy seeks to maintain a sufficient level of reserves to enable a phased and structured reduction in its normal operating activities should a shortfall in income occur, and to take account of potential risks and contingencies that may arise from time to time.
As at 31 March 2025 free reserves amounted to £182,105, being unrestricted income funds of £190,359 less fixed assets of £8,254 (2024 - £224,354 being unrestricted funds of £232,087 less fixed assets of £7,733). Total restricted funds amounted to £131,709 (2024 - £80,630).
The Trustees have reviewed CLC's reserves policy and updated it in August 2025 to better reflect the current risks to the centre as well as ensuring consistency with the Charity Commission guideline. The total reserve is £120,000 and has been updated as follows:
The redundancy and dilapidation reserves remain unchanged and total £40,000.
The wind down reserve has increased from £10,000 to £20,000.
The lease liability has reduced from £70,000 to £60,000 and will vary year on year depending on where the centre falls within the lease agreement.
Reference and Administrative Details
| Charity Registration Number: | 1064628 |
|---|---|
| Company Registration Number: | 3442518 |
| The charity is incorporated in England | |
| Registered Office: | 1A Rectory Lane |
| Prestwich | |
| Manchester | |
| M25 1BP | |
| Principal Office: | 1A Rectory Lane |
| Prestwich | |
| Manchester | |
| M25 1BP | |
| Independent Examiner: | Gortons |
| Chartered Accountants | |
| Stanmore House | |
| 64-68 Blackburn Street | |
| Radcliffe | |
| Manchester | |
| M26 2JS | |
| Accountants: | Gortons |
| Stanmore House | |
| 64-68 Blackburn Street | |
| Radcliffe | |
| Manchester | |
| M26 2JS |
Page 3
Creative Living Centre
Trustees' Report
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: A Leeson R F Hopkins C Duffy (resigned 21 May 2025) J M Wells G Monger J N Nelson-Hall N J Cooke L Condliffe (appointed 10 July 2024 and resigned 20 November 2024)
Chairman: R F Hopkins
Structure, governance and management
Nature of governing document
Creative Living Centre was registered as a non-profit making company on 25 September 1997 (ref no. 3442518) and was registered as a UK charity (reg no. 1064628) by the Charities Commissioners with effect from 30 September 1997.
The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.
In the event of the company being wound up Trustees are required to contribute an amount not exceeding £10.
The charity is a limited company, limited by guarantee, as defined by the Companies Act.
Recruitment and appointment of trustees
The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association.
The chairperson and the treasurer are elected by the board.
The board of trustees may at any time elect additional trustees by calling a general meeting.
Page 4
Creative Living Centre Trustees' Report Statement of trustees' responsibilities The trustees (who are also the directors of Creative Living Centre for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies. Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of altairs of the chantable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to: • select suitable accounting policies and apply them consistently; • observe the methods and principles in the Charities SORP; • make judgements and estimates that are reasonable and prudent; • state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and • 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 that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Small companies provision statement This report has been prepared in accordance with the small companies regime under the Companies Act 2006. The annual report was approved by the trustees of the charity on 15 December 2025 and signed on its behalf by: A Leeson Trustee Page 5
Creative Living Centre
Independent Examiner's Report to the trustees of Creative Living Centre ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England & Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of Creative Living Centre as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities, applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
...................................... Gortons Chartered Accountants Stanmore House 64-68 Blackburn Street Radcliffe Manchester M26 2JS
15 December 2025
Page 6
Creative Living Centre
Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Unrestricted | Restricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | 2025 | 2024 | |||||
| Note | £ | £ | £ | £ | ||||
| Income and Endowments from: | ||||||||
| Donations and legacies | 4 | 175,556 | 106,643 | 282,199 | 278,548 | |||
| Charitable activities | 5 | 31,105 | 134,168 | 165,273 | 103,699 | |||
| Investment income | 6 | 4,420 | - | 4,420 | 524 | |||
| Total income | 211,081 | 240,811 | 451,892 | 382,771 | ||||
| Expenditure on: | ||||||||
| Raising funds | (57,287) | - | (57,287) | - | ||||
| Charitable activities | 7 | (195,522) | (189,732) | (385,254) | (368,324) | |||
| Total expenditure | (252,809) | (189,732) | (442,541) | (368,324) | ||||
| Net (expenditure)/income | (41,728) | 51,079 | 9,351 | 14,447 | ||||
| Net movement in funds | (41,728) | 51,079 | 9,351 | 14,447 | ||||
| Reconciliation of funds | ||||||||
| Total funds brought forward | 232,087 | 80,630 | 312,717 | 298,270 | ||||
| Total funds carried forward | 19 | 190,359 | 131,709 | 322,068 | 312,717 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown between restricted and unrestricted for 2024 is shown in note 19.
The notes on pages 9 to 21 form an integral part of these financial statements. Page 7
Creative Living Centre (Registration number: 3442518) Balance Sheet as at 31 March 2025 Note 2025 2024 € Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand 8,254 7,733 15 Creditors: Amounts falling due within one year Net current assets Net assets Funds of the charity: Restricted income funds Restricted funds Unrestricted income funds Unrestricted funds Total funds 16 4,230 336,157 340,387 (26,573) 313,814 322,068 36,761 284,763 321,524 (16,540) 304,984 312,717 19 131,709 80,630 190,359 19 322,068 232,087 312.717 For the financial year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors' responsibilities: • The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. hese financial statements have been prepared in accordance with the special provisions relating to companie ubject to the small companies regime within Part 15 of the Companies Act 200 The financial statements on pages 7 to 21 were approved by the trustees, and authorised for issue on 15 December 2025 and signed on their behalf by: JAMe A Leeson Trustee The notes on pages 9 to 21 form an integral part of these financial statements. Page 8
Creative Living Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
1 Charity status
The charity is a private company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation.
2 General information
The charity was incorporated as a company in the United Kingdom and the registered office is 1A Rectory Lane, Prestwich, Manchester, M25 1BP.
3 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Creative Living Centre meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Income and endowments
All income is recognised once the charity has entitlement to the income, certainty of receipt and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and gifts are recognised as income when the charity has control over the item or has received the service, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably, in accordance with the Charities SORP(FRS 102).
Grants receivable
Income from grants are recognised when the charity has entitlement to the funds and it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Deferred income
No income has been deferred at the year end (2024 - £1,666).
Donated services and facilities
Income from the provision of therapy services, provision of a cafe and room hire is recognised when the charity has control over the income or has received the service.
Page 9
Creative Living Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
Charitable activities
Income from charitable activities is recognised on a receipts basis.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Charitable activities
Expenditure on charitable activities includes the costs of delivering services undertaken to further the purposes of the charity and their associated support costs.
Other expenditure
Other expenditure represents those items not falling into any other heading.
Support costs
All support costs are allocated to the charitable activities.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including independent examination, strategic management and trustee’s meetings and reimbursed expenses.
Reclassification
Various 2024 figures have been reclassified but these cosmetic changes have no impact on the charity's overall results or financial position.
Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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Creative Living Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate Leasehold property improvements fully depreciated Computer equipment 33.3% reducing balance Kitchen equipment 25% straight line Bikes 25% straight line
Debtors
Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments, that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Creditors
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in a transfer of funds to a third party, and the amount due to settle the obligation can be measured reliably.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Unrestricted designated funds are a proportion of the charity's general (unrestricted) funds that the trustees formally set aside for a specific purpose, but unlike restricted funds, they can be re-earmarked or used for other purposes by the trustees at any time
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
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Creative Living Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
4 Income from donations and legacies
| Unrestricted | |||||
|---|---|---|---|---|---|
| funds | Restricted | Total | |||
| General | funds | 2025 | |||
| £ | £ | £ | |||
| Donations and legacies; | |||||
| Donations from individuals | 22,894 | - | 22,894 | ||
| Grants, including capital grants; | |||||
| Government grants | 144,358 | 106,643 | 251,001 | ||
| Grants from other charities | 8,304 | - | 8,304 | ||
| 175,556 | 106,643 | 282,199 | |||
| Unrestricted | |||||
| funds | Restricted | Total | |||
| General | funds | 2024 | |||
| £ | £ | £ | |||
| Donations and legacies; | |||||
| Donations from individuals | 1,794 | - | 1,794 | ||
| Grants, including capital grants; | |||||
| Government grants | 143,498 | 128,256 | 271,754 | ||
| Grants from other charities | 5,000 | - | 5,000 | ||
| 150,292 | 128,256 | 278,548 |
Page 12
Creative Living Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
5 Income from charitable activities
| Unrestricted | ||||||
|---|---|---|---|---|---|---|
| funds | Restricted | Total | ||||
| General | funds | 2025 | ||||
| £ | £ | £ | ||||
| External funding | - | 134,168 | 134,168 | |||
| Member contributions | 9,825 | - | 9,825 | |||
| Therapy sessions | 5,590 | - | 5,590 | |||
| Room hire | 11,957 | - | 11,957 | |||
| Net income from cafe | 2,511 | - | 2,511 | |||
| Other income | 1,222 | - | 1,222 | |||
| 31,105 | 134,168 | 165,273 | ||||
| Unrestricted | ||||||
| funds | Restricted | Total | ||||
| General | funds | 2024 | ||||
| £ | £ | £ | ||||
| External funding | - | 72,999 | 72,999 | |||
| Member contributions | 15,111 | - | 15,111 | |||
| Therapy sessions | 6,568 | - | 6,568 | |||
| Room hire | 5,799 | - | 5,799 | |||
| Net income from cafe | 2,079 | - | 2,079 | |||
| Other income | 1,143 | - | 1,143 | |||
| 30,700 | 72,999 | 103,699 | ||||
| 6 | Investment income | |||||
| Unrestricted | ||||||
| funds | Total | Total | ||||
| General | 2025 | 2024 | ||||
| £ | £ | £ | ||||
| Interest receivable on bank deposits | 4,420 | 4,420 | 524 |
Page 13
Creative Living Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
7 Expenditure on charitable activities
| Activity | Activity | ||||||
|---|---|---|---|---|---|---|---|
| undertaken | support | ||||||
| directly | costs | 2025 | 2024 | ||||
| £ | £ | £ | £ | ||||
| Wages costs | 102,763 | 148,130 | 250,893 | 236,961 | |||
| General office expenses | - | 7,120 | 7,120 | 6,312 | |||
| Rent and utility bills | - | 43,019 | 43,019 | 39,569 | |||
| Sessional payments | 22,085 | - | 22,085 | 21,390 | |||
| Sundry expenses | - | 10,684 | 10,684 | 12,848 | |||
| Volunteer expenses | 1,842 | - | 1,842 | 1,861 | |||
| Repairs and maintenance | - | 25,014 | 25,014 | 25,703 | |||
| Legal and professional fees | - | 21,854 | 21,854 | 22,196 | |||
| Depreciation | - | 2,743 | 2,743 | 1,484 | |||
| 126,690 | 258,564 | 385,254 | 368,324 |
Included within the above are governance costs of £3,455 (2024 - £3,360) which relate directly to charitable activities. See note 8 for further details.
8 Analysis of governance and support costs
Governance costs
| Unrestricted | |||||
|---|---|---|---|---|---|
| funds | Total | Total | |||
| General | 2025 | 2024 | |||
| £ | £ | £ | |||
| Independent examiner fees | |||||
| Examination of the financial statements | 1,500 | 1,500 | 1,500 | ||
| Other fees paid to examiners | 1,500 | 1,500 | 1,860 | ||
| Allocated support costs | 455 | 455 | - | ||
| 3,455 | 3,455 | 3,360 |
Page 14
Creative Living Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
9 Government grants
Income from government grants consists mainly of income from NDPBs (lottery fund) and NHS Bury Locality (CCG), with some other smaller grants received too.
The amount of grants recognised in the financial statements was £251,001 (2024 - £271,754).
10 Net outgoing resources
Net outgoing resources for the year include:
| Net outgoing resources for the year include: | |||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Operating lease costs - rent | 28,669 | 31,275 | |
| Independent examination fees | 1,500 | 1,500 | |
| Depreciation of fixed assets | 2,743 | 1,484 |
11 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses from the charity during the year.
The charity holds a comprehensive insurance policy which includes cover for the professional indemnity and liability of its trustees and officers. This policy provides protection against costs and claims arising from wrongful acts, such as breach of duty or trust, committed in their roles as trustees, provided they have acted responsibly and honestly. The premium for this specific cover is included within the total cost of the charity's composite insurance policy and cannot be separately quantified.
12 Staff costs
The charity benefited in the year from the time donated by up to 28 (2024 - 27) volunteers, including trustees, who provide services which would otherwise need to be provided by paid employees.
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
| 2025 | 2024 | |||||
|---|---|---|---|---|---|---|
| No | No | |||||
| Centre | staff | 11 | 11 | |||
8 (2024 - 9) of the above employees participated in the Defined Contribution Pension Schemes.
No employee received emoluments of more than £60,000 during the year.
The total employee benefits of the key management personnel of the charity were £42,585 (2024 - £38,626).
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Creative Living Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
13 Taxation
The charity is a registered charity and is therefore exempt from taxation.
14 Tangible fixed assets
| 14 Tangible fixed assets | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Leasehold | ||||||||||||||
| property | Kitchen | Computer | ||||||||||||
| improvements | equipment | Bikes | equipment | Total | ||||||||||
| £ | £ | £ | £ | £ | ||||||||||
| Cost | ||||||||||||||
| At 1 April 2024 | 136,164 | 3,436 | 4,858 | 17,860 | 162,318 | |||||||||
| Additions | - | 3,264 | - | - | 3,264 | |||||||||
| At 31 March 2025 | 136,164 | 6,700 | 4,858 | 17,860 | 165,582 | |||||||||
| Depreciation | ||||||||||||||
| At 1 April 2024 | 136,164 | 3,436 | - | 14,985 | 154,585 | |||||||||
| Charge for the year | - | 1,528 | 1,215 | - | 2,743 | |||||||||
| At 31 March 2025 | 136,164 | 4,964 | 1,215 | 14,985 | 157,328 | |||||||||
| Net book value | ||||||||||||||
| At 31 March 2025 | - | 1,736 | 3,643 | 2,875 | 8,254 | |||||||||
| At 31 March 2024 | - | - | 4,858 | 2,875 | 7,733 | |||||||||
| 15 Debtors | ||||||||||||||
| 2025 | 2024 | |||||||||||||
| £ | £ | |||||||||||||
| Trade debtors | 450 | 11,572 | ||||||||||||
| Prepayments | 3,780 | 25,189 | ||||||||||||
| 4,230 | 36,761 | |||||||||||||
| 16 Creditors: amounts falling due within one year | ||||||||||||||
| 2025 | 2024 | |||||||||||||
| £ | £ | |||||||||||||
| Trade creditors | 13,838 | 2,803 | ||||||||||||
| Other taxation and social security | 4,723 | 3,919 | ||||||||||||
| Other creditors | 1,518 | 1,338 | ||||||||||||
| Accruals | 6,494 | 8,480 | ||||||||||||
| 26,573 | 16,540 |
Page 16
Creative Living Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
17 Obligations under leases and hire purchase contracts
Operating lease commitments
Total future minimum lease payments under non-cancellable operating leases are as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Land and buildings | |||
| Due within one year | 31,275 | 2,606 | |
| Due between one and five years | 33,881 | - | |
| 65,156 | 2,606 |
The amount of non-cancellable operating lease payments recognised as an expense during the year was £28,669 (2024 - £31,275).
18 Pension and other schemes
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £6,511 (2024 - £6,163).
The pension costs attributable to restricted funds have been allocated where the grant specifies this. The remaining costs have been covered via unrestricted funds.
Page 17
Creative Living Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
| 19 Funds | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance at 1 | Incoming | Resources | Balance at 31 | |||||||
| April 2024 | resources | expended | Transfers | March | 2025 | |||||
| £ | £ | £ | £ | £ | ||||||
| Unrestricted funds | ||||||||||
| General | ||||||||||
| General | 112,087 | 211,081 | (252,809) | - | 70,359 | |||||
| Designated | ||||||||||
| Property fund | 90,000 | - | - | (10,000) | 80,000 | |||||
| General fund | 30,000 | - | - | 10,000 | 40,000 | |||||
| 120,000 | - | - | - | 120,000 | ||||||
| Total unrestricted funds | 232,087 | 211,081 | (252,809) | - | 190,359 | |||||
| Restricted funds | ||||||||||
| National Lottery | 51,706 | 66,965 | (58,137) | - | 60,534 | |||||
| Henry Smith Charity | 13,607 | 30,000 | (43,607) | - | - | |||||
| Cycle and Stride for Active | ||||||||||
| Lives | 794 | - | (794) | - | - | |||||
| Greatersport Together | ||||||||||
| Fund | 1,771 | - | (1,771) | - | - | |||||
| Greenspace Community | ||||||||||
| Fund | 2,825 | - | (2,825) | - | - | |||||
| National Allotment Garden | ||||||||||
| Trust | 1,243 | - | (962) | - | 281 | |||||
| Forever Manchester | ||||||||||
| utilities support | 1,157 | - | (1,157) | - | - | |||||
| Bury Council cost of living | 1,820 | - | (1,820) | - | - | |||||
| Aviva Crowd Funder | ||||||||||
| (allotment) | 511 | - | (511) | - | - | |||||
| Onward Homes allotment | 2,496 | - | (2,496) | - | - | |||||
| Bury MBC Let's do it | 1,200 | - | (1,200) | - | - | |||||
| The Manchester Guardian | ||||||||||
| Society (animal therapy) | 1,500 | - | (1,440) | - | 60 | |||||
| Peter Kershaw fund | - | 5,200 | (1,500) | - | 3,700 | |||||
| Bury MBC | - | 34,078 | (18,675) | - | 15,403 | |||||
| Early break living well | - | 22,068 | (22,068) | - | - | |||||
| Henry Smith flex fund | - | 49,700 | (18,443) | - | 31,257 | |||||
| Garfield | - | 20,000 | (3,452) | - | 16,548 | |||||
| Forever Manchester | - | 2,500 | (2,500) | - | - | |||||
| Natwest go green | - | 1,500 | (1,500) | - | - | |||||
| Bury MBC HSF | - | 4,000 | (4,000) | - | - | |||||
| Bury council walking and | ||||||||||
| bike fund | - | 1,600 | - | - | 1,600 | |||||
| Parklife | - | 700 | (700) | - | - | |||||
| Arnold Clark cost of living | - | 2,500 | (174) | - | 2,326 | |||||
| Total restricted funds | 80,630 | 240,811 | (189,732) | - | 131,709 | |||||
| Total funds | 312,717 | 451,892 | (442,541) | - | 322,068 |
Page 18
Creative Living Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
| Balance at 1 | Incoming | Resources | Resources | Balance at 31 | Balance at 31 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| April 2023 | resources | expended | Transfers | March | 2024 | ||||||
| £ | £ | £ | £ | £ | |||||||
| Unrestricted funds | |||||||||||
| General | |||||||||||
| General | 70,980 | 181,516 | (118,367) | (22,042) | 112,087 | ||||||
| Designated | |||||||||||
| Property fund | 30,000 | - | - | 60,000 | 90,000 | ||||||
| General fund | 35,000 | - | - | (5,000) | 30,000 | ||||||
| Allocated funds | 28,100 | - | - | (28,100) | - | ||||||
| 93,100 | - | - | 26,900 | 120,000 | |||||||
| Total unrestricted funds | 164,080 | 181,516 | (118,367) | 4,858 | 232,087 | ||||||
| Restricted | |||||||||||
| National Lottery | 97,327 | 119,523 | (165,144) | - | 51,706 | ||||||
| Henry Smith Charity | 4,489 | 60,000 | (50,882) | - | 13,607 | ||||||
| Bury Council Town of | |||||||||||
| Culture | 250 | - | (250) | - | - | ||||||
| The Liz Thompson Fund | 253 | - | (253) | - | - | ||||||
| Community Climate Action | 458 | - | (458) | - | - | ||||||
| Cycle and Stride for Active | |||||||||||
| Lives | 2,395 | - | (1,601) | - | 794 | ||||||
| Garfield Weston | 12,992 | - | (12,992) | - | - | ||||||
| Greatersport Together | |||||||||||
| Fund | 4,623 | 100 | (2,952) | - | 1,771 | ||||||
| Greenspace Community | |||||||||||
| Fund | 8,304 | - | (5,479) | - | 2,825 | ||||||
| The Neighbourly B&Q | 3,099 | - | (3,099) | - | - | ||||||
| A J Bell cooking with | |||||||||||
| confidence | - | 500 | (500) | - | - | ||||||
| Bury VCFA Cost of living | |||||||||||
| project | - | 1,875 | (1,875) | - | - | ||||||
| National Allotment Garden | |||||||||||
| Trust | - | 1,307 | (64) | - | 1,243 | ||||||
| Neighbourly Lidl | - | 500 | (500) | - | - | ||||||
| Forever Manchester | |||||||||||
| utilities support | - | 2,500 | (1,343) | - | 1,157 | ||||||
| Bury Council cost of living | - | 2,000 | (180) | - | 1,820 | ||||||
| Natwest SOS fund | - | 1,500 | (1,500) | - | - | ||||||
| Aviva Crowd Funder | |||||||||||
| (allotment) | - | 1,396 | (885) | - | 511 | ||||||
| Onward Homes allotment | - | 2,496 | - | - | 2,496 | ||||||
| Bury MBC Let's do it | - | 1,200 | - | - | 1,200 | ||||||
| TFGM Community Action | |||||||||||
| Grant | - | 4,858 | - | (4,858) | - | ||||||
| The Manchester Guardian | |||||||||||
| Society (animal therapy) | - | 1,500 | - | - | 1,500 | ||||||
| Total restricted funds | 134,190 | 201,255 | (249,957) | (4,858) | 80,630 | ||||||
| Total funds | 298,270 | 382,771 | (368,324) | - | 312,717 |
Page 19
Creative Living Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
The specific purposes for which the funds are to be applied are as follows:
National lottery - community fund for take-part and outreach coordinators and staff time
Henry Smith charity - post covid recovery funding to cover existing staff salaries and additional capacity
Cycle and stride for active lives - funding to provide walking and cycling classes
Greatersport together fund - funding to continue the bike project
Greenspace Community fund - funding to continue with bike projects
National allotment garden trust - funding to provide equipment, seeds and plants
Bury council cost of living community fund - contribution to ingredients for warm hubs and volunteer and staff costs
Aviva Crowd funder (allotment) - to pay for sow the city course and staff and equipment costs
Onward homes allotment fund - to fund allotment leas salary costs
Bury MBC let's do it - funding for digital hub building / furniture works
The Manchester Guardian Society (animal therapy) - animal therapy for a year
Peter Kershaw fund - bereavement and loss therapy support
Bury Council living well - Funding of key worker as part of living well project (neighbourhood mental health service NMHS). Equipment, training, recruitment etc
Early break living well - funding of link worker (neighbourhood mental health service NMHS). Laptop, phone, expenses etc
Henry Smith flex fund - Staff salaries and running costs for usual operations - therapies, courses and workshops, staff salaries etc
Garfield Weston - funds the core costs for a year
Forever Manchester utility funding - funding for utility bills for 4 months
Natwest SOS GoGreen - art room storage refurbishment
Bury council / BVCFA household support fund - to support ongoing running costs to provide residents with food and warm spaces, like rental, utilities, food costs etc
Bury council walking and bike fund - funding of the bike leader, volunteer and equipment costs
Parklife - art project - mosaic at the front of the building
Lottery mental health - resilience programme - funding staff costs support coordinators, volunteer coordinator, management costs, volunteer expenses, rent, equipment and running costs
Arnold Clark - cafe food support
The designated property fund was created to cover repairs / maintenance on the Rectory Lane Property and create a dilapidations fund at the end of the lease. It now also covers the lease liability to the next renewal date in 2027.
The designated general fund was created to cover winding down costs of the building, including redundancies, should the charity have to close.
Page 20
Creative Living Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
20 Analysis of net assets between funds
| 20 Analysis of net assets between funds | |||
|---|---|---|---|
| Unrestricted | Total funds | ||
| funds | at 31 March | ||
| General | 2025 | ||
| £ | £ | ||
| Tangible fixed assets | 8,254 | 8,254 | |
| Current assets | 340,387 | 340,387 | |
| Current liabilities | (26,573) | (26,573) | |
| Total net assets | 322,068 | 322,068 | |
| Unrestricted | Total funds | ||
| funds | at 31 March | ||
| General | 2024 | ||
| £ | £ | ||
| Tangible fixed assets | 7,733 | 7,733 | |
| Current assets | 321,524 | 321,524 | |
| Current liabilities | (16,540) | (16,540) | |
| Total net assets | 312,717 | 312,717 |
21 Related party transactions
There were no related party transactions in the year.
Page 21