Charity registration number 1067733 (England and Wales}
Company registration number 03490904
GL3 COMMUNITY HUB LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

GL3 COMMUNITY HUB LTD
LEGAL AND ADMINISTRATIVE INFORIftATION
Trustees
MrDCox
Mrs A Holder
MrJ LGooch
Mr P J Anlill
Mrs P W Austin
MrsA Lawson
Mrs T Lewis
Miss N J Wizard
Mr P Elksnis
(Appointed 8 November 2025)
(Resigned 10 October 2Q25)
(Resigned 10 October 2025)
(Resigned 10 October 2025)
(Resigned 6 March 2025)
(Resigned 13 October 2025)
(Appointed 6 March 2025 and
resigned 28 October 2025)
(Appointed 6 March 20251
(Appointed 8 November 2025)
(Appointed 8 Novernber 2025)
(Appointed 8 November 2025)
(Appointed 8 Novembèr 2025)
Miss K Rennebath
MrSRWSweet
Mrs D A Clarke
Mr E Lowe
Miss T Rennebach
Charlty number
1087733
Company number
03490904
Reglstered offlce
Chellenham Road East
Churchdown
Gloucester
Glouceslershire
England
GL3 1HX
Independent examiner
BK Plus Limited
6 Manor Park Business Centre
Mackenzie Way
Chellenham
Gloucestershire
England
GL519TX

GL3 COMMUNITY HUB LTD
TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with Ihe accounting policiès sel out in note 1 to the
financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting
and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordsnce with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021"
{effeclive 1 January 20191.
Objectlves and Activities
Mlsslons and Goals
The GL3 Community Hub remains commilled lo ils mission, as slated in Ihe Wision Statemenl "To provid49
universal yotjth seNicés, as well as heallh, social. 8nvironménlal, and ediicalional opportunili8S.
The Hub's objectives Gonlinue to focus on..
Organising local social and activily-based drop-in groups for children, young ￿ople, families. and the
broader community.
Establishing so¢ial, educational, and adivity-based facilities for children, young people, families, and the
broader community.
Providing local facilities for individuals with learning difficullies.
Offering educational and training programmes for residents of all age groups.
Facilitating volunteering opportunities lo reduce isolalion and promole active citizenship.
Public benefit
The charity continues lo provide public benefit in line with ils mission lo support Ihe residents of Churchdown and
surroui)ding areas. This year, grant funding from Groundwork UK has enabled us lo become more energy efficient
by installing solar panels, destralification fans in our Sports H811, and upgrading Ihe building with external and
internal LED lighting.
With the ald of S106 monies, we have now upgraded the Sports Hall roof. This improvement has ensured
uninlerrupied services lo the community and provided a safer and more reliable space for our groups and aclivilies.
Achievements and performance
This year has seen significant progress and developmenl in the services and offerings provided by Ihe GL3
Community Hub. Key achievements include..
The Sports Hall roof was Teplaced with funds from Ihe S106 funds.
Governmenl funding was secured for adding solar panels to Ihe building. Deslralificalion fans were
installed in the Sports Hall lo reduce our carbon footprint and make the building more energy efficient.
Our men's mental health peer-lo-peer support project continues to grow, and we are now expanding our
rèach Ihroughout the community, also allowing our volunteers to branch oul furthei beyond Churchdown.
We are now engaged in a community partnership with the NHS and are hosting baby weigh-ins and health
checks.
Significant increases in Food Bank usage through our partnership with Hungry No More, alongside
strategies to secure ongoing food donations lo meet demand.
We have had a successful SEND Senioryouth Club project, one of the first of ils kind locally.

GL3 COMMUNITY HUB LTD
CONTENTS
Pag8
Trustees report
Independent examiner's report
Slalemenl of financial activities
Statement of financial posllion
Notes lo the financial slalemenls
7-15

GL3 COMMUNITY HUB LTD
TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Financial revlew
Investment Pollcy and Objectives
Due to limited unallocated funds. interest earned on bank deposits remains satisfactory for the charity. No surplus
funds were available during the year.
Reserve policy
In light of rising ulilily costs and the increasing difficulty in securing grant funding, Ihe Trustees have prudently
increased Ihe charity's reserve policy lo cover nine months of running costs plus a 100/0 allowance lo account for
ulilily increases. Additionally. £30,000 has been set aside lo cover any costs outside of the S106 monies
¢onlingency lo finalise the building in)provemenls. Funds have also been designaled to cover repairs and
maintenance lo the sports hall of £37,000, regiazing of the building of £18,000 and IT infraslructure development of
£15,000.
Flnancial perfomiance
The introduction ol solar panels is showing an immediate improvement in reducing energy bills. Despite these
improvements, a shortlall remains, and granl funding is being aclively soughl to bridge this gap. To further improve
income, a marketing strategy is being developed lo make bookings for personal hire easier wilh online lools.
Future plans
S106 Funding
Ongoing building works will targel the Annex by replacing the glass windowed roof with a more energy-afficlenl
metal roof with insulation, lo control temperatures and allow the use of the room during the summer, combating
exlreme heal. This will also improve room hire availability lo help increase revenue.
We are in discussions to add communily partnerships with the DWP, Midwifery with the NHS, and Cilizens Advice,
lo use our faci5ilies and give those in need easy accessibility to these seNices in the area.
Structure, governancè and management
Governing document
The charity is conlrolled by its governing do¢umenl, a deed of trust, and consliluted a limited company, limited by
guarantee, as defined under the CompaniesAcl 2008.
The Hub is constiluled as a company limited by guarantee, devoid of share capital. In the event of winding up, If
li8bililies surpass assets, each memberfs liabilily is limiled to £1. The governing document for the Hub is ils
Memorandum and Articles ofAssoaalion.
Board of Trustees
The Board of Trustees provides governance for the Hub. The Board continues to meet h￿monthly, with subgroups
for specific projects. The Hub is run by a small operational team led by a full-time Managerlcoordinator.
Rlsk Management
The Board of Trustees continues to monitor and manage risks. particularly in Ihe areas of heallh and safely and
building compliance. This year, new risks have emerged, most nolably increased wages, which have placed
pressure on the charity's financial resources. Room hire charges have been adjusted accordingly, and further grant
funding is being sought to address shortfalls. Addilionally, markeling plans are in place lo generale more weekend
hires for birthday partie5 and other events. which will help sustain income.

GL3 COMMUNITY HUB LTD
TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
statement of trusteés responsibilities
The trustees, who are also the directors of GL3 Community Hub Ltd for the purpose of company law. are
responsible for preparing the Trustees Report and the financial slalements in accordance wilh applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company12w requires the trustees lo prepare financi21 statements for each financial year which give a true and fair
view of the slate of affairs of the charily and of the incoming resources and application of resour￿$, including the
income and expenditure. of the charitable company for thal year.
In preparing these financial slalements, the truslees are required to-.
selècl suitable accounting policies and then apply them consistently.,
obsèrve the methods and principles in Ihe Charities SORP.,
make judgements and estimates that are reasonable and prudenl.,
slate whether applicable UK Accounting Standards have been followed, subject lo any material departures
disclosed and èxplained in Ihe financial stalemenls., and
prepare the financial slalemenls on the going concern basis unless il is inappropriale lo presum8 thal the charity
will continue in operation.
The trustees are responsible for keeping adequate accounting records Ihal disclose with reasonable accuracy al
8ny time the financial position of the charily 2nd enable Ihem lo ensure that the financial slalem8nls comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of Ihe charity and hence for taking
reasonable steps for the prevenllon and deleclion of fraud and other irregularities.
The trustees report was approved by the Board of Trustees.
MrSR Wsweel
Trustee
13 December 2025

GL3 COMMUNITY HUB LTD
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF GL3 COMMUNITY HUB LTD
I report to the trustees on my examination of the financial statements of GL3 Community Hub Lld {the charily) for
the year ended 31 March 2025.
Responsibilitles and basis of report
As the trustees of the charity (and also its directors for the PLÈrposes of company law), you are responsible for the
preparation of the financial statements in accordance with the requirements of Ihe Companies Act 2006.
Having satisfied myself that the financial slatements of the Chariiy are not required to be audited under Part 16 of
the Companies Act 2006 and are eligible for independenl examination, I report in respect of my examinalion of the
charity's financial slalemenls carried out under section 145 of Ihe Charities Acl 2011. In carrying oul my examination
I have followed the Directions given by the Charity Commission under section 145{5)(bl of the Charities Act 2011.
Independent examiner's statement
Slnce Ihe ch2rily'S gross income exceeded £250.000, the independenl examiner musl be a member of a body listed
in section 145 of the Charities Act 2011.1 confirm thal l am qualified lo underlake Ihe examination because l am a
member of Th8 Inslllute of Chartered Accountants in England Wales, which is one of the listed bodies.
I have completed my examination. I confimi that no matters have come lo my attenlion in connection with Ihe
examination giving me cause to believe that in any material fespecl..
accounting records We￿ not kept in respect of Ihe charity as required by seclion 386 of the Companies Act
2006.
the financial slatemenls do not accord with those records; or
the financial slalements do not comply with the accounting ￿qUIrementS of section 396 of the Companies Act
2006 other than any requirement thal Ihe financial statements give a true and fair view, which is nol a maller
considered as part of an independent examination., or
the financial slalements have nol been prepared in accordance with thè methods and principl8s of the
Slalement of Recommended Practice for accounting and reporting by charities applicable lo charities
preparing Iheir financial statements in accordance wilh the Financial Reporting Standard applicable in the UK
8nd Republic of Ireland {FRS 102).
I have no concerns and have come across no other mallers in connection wilh Ihe examinalion to which atlenlion
should be drawn
ort in order to enable a proper understanding of the financial slalements lo be reached.
Cinzia Hens
The Institute of Chartered Accountants Engaland and Wales
BK PILts Limited
6 Manor Park Business Centre
Mackenzie Way
Chellenham
Gloucestershire
GL519TX
England
Dated..

GL3 COMMUNITY HUB LTD
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Restricted
funds
funds
2025
2025
Tolal Unrestricted Restricted
funds
funds
2024
2024
Total
2025
2024
Notes
Income from,,
Donations and legacies
Charitable activities
Other trading activities
Investments
934
5,432
69,g85
6.366
69.985
190,645
2.450
3,014
3,014
71,318
107,648
2,093
71,318
190,645
2,450
107,648
2,093
Total income
194,029
75.417
269,446
112,755
71,318
184,073
Expendlture on:
Charitable activities
203,958
75,481
279,439
131,153
71,961
203.114
Total expènditure
203,958
75,481
279,439
131,153
71,961
203,114
Nat expenditure and
movement In funds
{9.929)
(64)
(9.993)
{18,398)
(643)
<19,041)
Reconclltatlon of funds:
Fund balan¢es al 1 April 2024
385,336
5,704
391,040
403,734
6,347
410,081
Fund balancè8 at 31 March
2025
375,407
5.640
381.047
385,336
5,7Q4
391,040
The statement of finanGial activities includes all gains and losses recognised in the year. All income and 8xpendilure
derive from continuing adivities.

GL3 COMMUNITY HUB LTD
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025
2025
2024
Notss
Fixed assets
Investment property
io
175,000
175,000
Current assets
Debtors
Cash al bank and in hand
11
6,161
207,840
4,058
219,354
214,001
223,412
Creditors: amounts falling due withln
one year
12
(7,954)
(7,372)
Net current assets
206.047
216,040
Tolal assets less current liabilitle8
381,047
391.040
Net assets excludlng penslon liabS11ty
381,047
391,040
Tha funds of the charlty
Resl¥icled income funds
Unreslricled funds
14
5,640
375.407
5,704
385,336
381,047
391,040
The company is entitled to the exemption Irom the audit requirement conlained in seclion 477 of the Companies Act
2006, for Ihe year ended 31 March 2025.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with
respect lo accounling records and the preparation of financial stalemenls.
The members have not required the company lo obtain an audil of its financial statemenls for the year in queslion In
accordance with section 476.
These financial slalements have been prepared in accordance with the provisions applicable lo companies subject
to the small companies regirne.
The financial statemenls were approved by the twstees on 13 December 2025
MrSR Wsweel
Trustee
Company registration number 03490904 (England and Wales)

GL3 COMMUNITY HUB LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting pollcies
Charity infomiation
GL3 Community Hub Ltd is a private company limited by guarantee incorporated in England and Wales. The
registered office is Chellenham Road East, Churchdown. Gloucester, Gloucestershire, GL3 1 HX, England.
1.1 AcGountlng convention
The financial slalemenls have been prepared in a￿rdance wilh the charity's [governing documenll, the
Companies Act 2006. FRS 102 -The Financial Reporting Standard applicable in the UK and Republic of
Ireland" ( FRS 102") and the Charities SORP "Accounting and Reporting by Charities-. Slalemenl 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)" (effecllve 1 January 2019). The
charity is a Public Benefit Entily as defined by FRS 102.
Thé financial slalements are prepared in slerling, which is the funclional currency of the charity. Monetary
amounts In these financial slalem8n15 are rounded lo the nearest £.
The financial slalements have been prepared under the historical cost convention. The principal accounling
policies adopted are set out below.
1.2 Charitsble funds
Unrestricted funds Can be used in accordance with the charitable objectives at the discretion of the Irustees.
Reslricled funds can only be used for particular restricted purposes within the objects of the Gharily.
Reslriclions arise when specified by the donor or when funds are raised for particular reslricled purposes.
Further explanation of the natu￿ and purpose of each fund is included in the notes lo the financial
slalemenls.
1.3 Incoine
All income is recognised In the Stalemenl of Financial Aclivilies once the ¢harily has entillemenl to the funds,
it is probable that the income will be received and the amount ¢an be measured reliably.
1.4 Expenditure
Liabilities are recognised as expendilure as soon as there is a legal or constructive obligation commilling Ihe
charity lo that expenditure, il is probable that a transfer of economic bènefits will be required in selllement and
the amount of the obligation can be measured reliably. Expendilure is accounled for on an accruals basis and
has been classified under headings Ihat aggregate all cost related lo the calegory. Where costs cannot be
direclly altribuled lo particular headings they have been allocated lo activities on a basis consislenl wilh the
use of resources.
1.5 Inveslment property
Investment property is shown al most recent valuation. Any aggregate surplus or deficit arising from changes
in fair value is recognised in the Slalemenl of Financial Aclivilies.
1.6 Taxation
The charity is exempl from corporation tax on ils charitable activities.
1.7 Pension costs and other post-retirement benefits
The charitable company operates a defined contribulion pension scheme. Contributions payable lo Ihe
charitabla company's pension SGheme are tharged to Ihe Statement of Financial Aclivilies in the period to
which they relate.

GL3 COMMUNITY HUB LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from donations and legacies
Unrestricled Restricted
funds
funds
2025
2025
Total Unrestricted Restricted
funds
funds
2024
2024
Total
2025
2024
Donations
934
5,432
6,366
3.014
3,014
Income from charitsble activStles
Reslricled
funds
2025
Reslricled
funds
2024
Grants
69.985
71,318
Grants analysis
Total
2025
Total
2024
Groundwork UK- VCSE Energy
Hedley Foundation
Screwfix
HDH Wills
The Jockey Club
Gloucestershire County Council
Enovert
National Grid
National Lollery Fund
Tewkesbury Borough Counal
Travis Perkins
Gloucestershire Community Foundation
Rotary Club
59,589
3,000
2,630
2,000
2,000
40,000
10,000
10,000
4,968
4,850
1,000
500
69,985
71,318

GL3 COMMUNITY HUB LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from other trading activities
Unrestricted Unrestricted
funds
funds
2025
2024
s106 funds
Rents received
Solar panels
Cafe income
Storage rental
Private functions
Room hire
Sundry income
73,822
10,006
1,116
31,661
1,684
4,230
68,731
575
13,278
9,687
1,574
19,256
1,302
4,230
60,295
Other trading activities
191,825
107,648
Income from Investments
Unrestricted Unreslricled
funds
funds
2025
2024
Inlerest receivable
2,450
2,093

GL3 COMMUNITY HUB LTD
NOTES TO THE FINANCIALSTATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on charitable actlvities
Total
2025
Total
2024
Direct costs
Staff costs
Insurance
Light & heal
Telephone
Stationery, postage & adverts
Subscriptions & training
Repairs & cleaning
Youth club
Travel costs
Computer software
Catering community grouplevents
Bank charges
Hire of plant & machinery
Cafe stock
78,906
5,031
15,498
802
1,569
108
120,260
10,750
66.678
4,528
13,348
1,264
1,551
1,401
68,735
11,816
1,000
2,014
6,578
829
1,926
9,501
1,665
1,508
966
1,082
13,322
25f,467
191,169
Share of support and govemance Costs (see note 71
Governance
27,972
11,945
279,439
203,114
Analysis by fund
Unrestricted funds
Reslricled funds
203.958
75.481
131,153
71,961
279,439
203,114
Support costs alloGated to actlvlties
2025
2024
Governance Gosls
27,972
11,945
Analysed between:
Accountancy & legal fees
27,972
11,945
Trustees
None of the trustees (or any persons connected wilh Ihem) received any remuneration or benefits from the
charity during the year.
10-

GL3 COMMUNITY HUB LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Employees
The average monlhly number of employees during the year was..
2025
Number
2024
Number
Employment costs
2025
2024
Wages and salaries
Social security costs
other pension costs
76.103
1,248
1,555
65,421
1,257
78,906
66,678
There were no employees whose annual remuneration was more Ihan £80,000.
10 Invéstment property
2025
Falr value
At 1 April 2024 and 31 March 2025
175,000
11 Debtors
2025
2024
Amounts falllng due wlthln one year:
Trade debtors
6,161
4,058
12 Cyeditors: amounts falllng due within one year
2025
2024
Other taxation and social security
Trade creditors
Other creditors
Accruals anej deferred income
1,991
4.251
1,280
3,957
575
1,560
1.712
7,954
7,372
11

GL3 COMMUNITY HUB LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED>
FOR THE YEAR ENDED 31 MARCH 2025
13 Companles House charges
2 November 2014 The Council for the Borough of Tewkesbury holds a negative pledge over the Horizons
Youth Centre, Chellenham Road East. Gloucester GL3 1 HX.
12 March 2018 - The Council for the Borough of Tewkesbury d)arges the property Horizons Youth Cenlre,
Chellenham Road East, Churchdown Gloucester GL3 1HX by way of legal mortgage as a security for the
payments for improvements lo Ihe exisling building.
14 Restricled funds
The restricted funds of the charity comprise the unexpended balances of donalions and grants hold on trust
subject lo specific conditions by donors as lo how they may be used.
At 1 April 2024
Incoming
resources
Resources Al 31 March
expended
2025
Youth Provision
Man Up Project
Toilel refurbishment
Energy efficiency upgrade
5,704
5,766
7,432
2.630
59,589
{11,307)
<4,585)
163
2,847
2,630
(59,589)
5,704
75,417
175,481)
5,640
Previous year:
At 1 April 2023
Inwming
resources
Resources Al 31 March
expended
2024
Youth Provision
Man Up Project
Roof Repla¢ement
Warm Space
Community Matlers Fuel Poverty
Poverty Hurts
6,264
83
14,968
4,850
40,000
500
10,000
1,000
(15,528)
(4,933)
(40,000)
(500)
(10,000)
(1,OQO)
5,704
6,347
71,318
{71,961}
5,704
12-

GL3 COMMUNITY HUB LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
15 Unrestricted funds
The unreslricled funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors a510 how Ihey may be used. These include
designated funds which have been set aside oul of unre51ricted funds by the Iruslees for specific purposes.
At 1 April 2024
Incoming
resources
Resources
expended
Gains and Al 31 March
losses
2025
Fair Value Reserve
Designaled - Roof repairs
Designated - Contingency fund
Designaled - Heating upgrade
Designaled - IT infraslruclure
Designated - Operating resetve
Design8ted - Regla2ing of
Buildlng
Designaled- Sports Hall-
Repairs and Maintenance
General funds
49,707
96,000
65,000
50,000
49,707
(96,000)
(35,000)
(50,000)
15.000
91,300
30,000
15,000
91,300
18,000
18,000
37,000
19,700
37,000
134,400
124,629
194,029
{203,958}
385,336
194,029
{203,958)
375,407
Prevlous year:
Al 1 April 2023
Incoming
resources
Resources
expended
Gains and Al 31 March
losses
2024
General Fund
Fair Value Reserve
Designaled - Roof repairs
Designaled- Contingency fund
Designaled - Heating upgrade
143,027
49,707
96.000
65,000
50,000
112,755
(131,153)
124.629
49,707
96,000
65,000
50,000
403,734
112,755
{131.153)
385,336
16 Analysis of net assets between funds
Unreslricled
funds
2025
Restricted
funds
2025
Total
2025
At 31 March 2025:
Investment properties
Current assetsl{liabilities)
175.000
200.407
175,000
206,047
5,640
375,407
5,640
381,047
13-

GL3 COMMUNITY HUB LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
16 Analysis of net assets between funds
Icontlnuedl
Unreslricled
funds
2024
Restricted
funds
2024
Total
2024
At 31 March 2024:
Investment properties
Current asselsl{liabililies)
175,000
210,336
175.000
216,040
5.704
385,336
5,704
391,040
Fair Value Reserve
This represents the revaluation of the properly in each year.
Deslgnated Funds
Operatlng Reserve - £91,300
An amount equivalent to nine months of core running costs has been designated. including a 10.
allowance1£8,300) lo account for potential in¢re8ses In ulility, staffing, and other operational costs
duiing the forthcoming year.
Sectlon 106 Contlngen¢y- Annex Roof & Heatlng Upgrade- £30,000
Designated as a contingency lo cover polenlial cost overruns and unforeseen expenditure on Secllon
106 funded building works, in particular Ihe planned replacement of Ihe annex roof and 8ssocisled
heating improvements.
Sport8 Hall- Repairs and Maintenance- £37,000
Designaled to cover planned repairs and Maintenan￿ to the sporis hall, including the upgrade of the
floor surface to a polyurethane finish.
Reglazing of Building- £18,000
Designated lo fund the reglazing of the building to improve the building's efficiency and overall
comfort as patl of ongoing premises improvements.
IT Infrastructure Development- £15,000
Designated lo fund improvements to the charity's IT systems and cyber securily, including enhanced
digital protection measures and resilience, lo ensure Ihe charity can operate safely and efficiently.
Restricted funds
National Lottery Youth Provlsion is f(Jnding that is ulilised to facililale the Youth Club, held every Friday
during lerm lime exclusively. This encompasses the costs related to malerials, resource5, and the sessions
provided by the Springbank Community Group, which allocate youlh workers for each session and manages
all safeguarding procedures and policies.
GlouGestershire County Council - Man Up is a men's menlal health group which we sel up three years ago.
Funding is provided lo contribute towards marketing, such as leaflets and local magazine advertisement,
Iraining and room hire.
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GL3 COMMUNITY HUB LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
16 Analysis of net assets betr￿een funds
(Continued)
TransferJ between funds
Transfers are made between restricted 2nd unreslricted funds al the end of every accounting period in cases
where:.
i) the aclivily of the restricted fund has come to an end and there is an unspent balance that is not rapayable
to the funder{s), when the surplus is transferred lo unrestricted funds; or
ii) the reslricled fund is in deficil and has either come to an ènd or there is no prospect of a surplus in a later
period, when the deficil is eliminated by transfer from unrestricted funds. or
ill) Income Ihal is received in the restricled fund covers in part some of Ihe cosls in the unreslriclèd funds.
17 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
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