Company registration number.. 03491707
Chority registration number: 1070198
Hillcrest Community Partnership
(A company limited by share capital)
Annual Report and Financi￿ Statements
for the Year Ended 31 March 2025
Shoreline Accountants Ltd
25 Clinton Place
Seaford
East Sussex
BN25 INP

Hlllcrest Community Partnershlp
Contents
Reference and Administrative Detsijs
Strategic Report
Trustees, Report
3to5
Independent Examinees Report
ststernent of Financial Activits"es
Balance Sheet
Notes to the Financial Ststements
9t0 17

Hillcrest Community Partnership
Reference and Administrative Details
Chalr
Mrs Paula Woolven BEM
Charity Reglstration Number
1070198
Company Reglstratlon Number
03491707
Regl$tered Offiee
Hill¢rest Community Centre
Bay Vue Road
Newhaven
East Su55¢X
BN9 9LH
Independent Examlner
Shoreline Accountsnts Ltd
25 Clinton Place
Seaford
E&st Sussex
BN25 INP
Page I

Hillcrest Community Partnership
Strategic Report for the Year Ended 31 Mareh 2025
The trustees, who are directors for the purposes of company law. present their strategic report for the year ended
31 March 2025, in compliance with s414C of the Companies Act 2006.
Overview
The charity's princtpal activity is the operntion of a local community centre providing accessible, affordable
space for a wide range of community groups. classes. and events. The organisation supports social cohesion,
prornotes wellbein& and provides facilities that enable residents. voluntary groups. and small organisations to
deliver valuable services to the community.
Objectives and Strategy
The charity's strategic objeclive is to ensure the ¢ommunity centre remains a sustsinable, inclusive, and well-
maintained resource for the local area. To achieve thi4 we focus on:
Providing high*uality. flexible spa¢es for hire at affordable rates.
Encouraging a diverse programme of community activiti4 including fitness, education, arts. and
support groups.
Building relationships with local partners. organisations, and service providers.
Mainlaining and improving the building and facililies to meet the needs of users.
Ensuring strong fmancial management to support long-tenn sustainability.
Achievements and Performanee
By the end of the financial year, the charity saw an increase in demand for the centre's facilities. Room hire
increased and supported a variety of community-led initiatives. User feedback was incredibly positive Tegarding
the re-opening of the community café facility and the charity renewed its commitment to maintaining a safe,
wel¢oming* and accessible environment. Monthly investmenl was made ID essential maintenance and equipment
to enhance the user experience and ensure compliance with relevant safety standards.
Financial Review
Income for the year was primarily derived from r￿rn hire with a small level of grant funding and fundraising
a¢tivities. Expenditure was focused on running co￿4 propety maintenancA utilities, insurance, and stalymg.
The trustees were able to reduce the anti¢ipated shortfall by around 25Vr* when they were appOinte￿re-appolnted
in December 2024 (the last quarter of the financial period). and identified the need to raise the reserves level to
safeguard operations and meet future commitmen
Principal Risks and Uneertainlles
The trustees have assessed the key risks facing the charity, which include fluctuations in rentsl income. rising
operating COS￿ and the need for ongoing building maintenance. Mitigation measures include regular financial
Page 2

monitorin& maintaining adequate reserves, and ensuring the buildin8 remains in good repair to attract consistent
usage.
Plans for the Future
Over the coming year, the charity intends to continue improving the centre's facilities, explore opportunities for
grant funding, and expand the range of activities offered through closer engagement with local groups. The
trustees remain committed to supporting a thriving community hub that meets the evolving needs of residents
and partner organisations.
The strategic report was approved by the trustees of the charity on 10 December 2025 and signed on its behalf by:
Mrs Paula Woolven BEM
Chair
Page 2

Hillcrest Community Partnership
Trustees, Report
The trustees, who are directors for the purposes of company law, present tlie annual report logether with the
financial statements and auditors, report of the charitable company for Ihe year ended 31 March 2025.
Objectives and activities
Piihli¢ beiiefit
Activities iiiidertaken io funher
ublic benefit
The trusiees confimi that they have complied with the requirement5 of section 17 of the Charities Act 2011 10
have due regard lo the public benefit guidance published by the Charity Commission for England and Wales.
Trustee5 and o￿leerS
The trustees and officers servin(y during ihe year and since the year-end were as follows-
Trustees-
Richard Evans (appointed 18 December 2024)
Philip SavÉ1£e (appointed 18 Deceniber ?024)
Joe Boylan (appointed l 8 December 2024)
Rachel fryer (appointed 18 Deceinber ?0?4)
Marian Slanley (appointed 24 October ?0?4)
Patrick Nolaii (appoinled 18 December ?0?4)
Lizzie Loiver (resiuned 27 August 20?4)
Peter Rliode5 (appointed 27 August 20?4. Resigncd l 8th December 2024)
Sondra Curnock (appointed 18 December 20?4. Resigined l Oth July 20?5)
Andrew Blann (appoinied 27 August 2024. Resigned ?9 October 20241
Sarali Lucas (appointed 27 August ?0?4. Resigned 26 September 2024)
Guy McQucen (resioned 27 AuLFusI ?0?4)
Kevin A Idenon (Company Secretary) (resigned I l March 202))
Wi Iliam Giles {appointed 27 Augyust ?0?4. Resinned I l February 2025)
H¢aihcr Mclean-Knighi (resigFned 27 August 2024)
Kin)bLrly Parkinson (appointed 18 Deceniber 2024. Resigned 131h Feb 20?5)
Anaslacia O, Donoghue (Resi<yned September 20?4)
uncd 17, June 2024)
Zar<l Mojdeh Mirfakhraee (R¢si.
Current Chair..
Mrs Paula Woolven BEM (appoinled ?7 Auousi 20?4)
Structure, governance and mun4Trgement
Financial instruments
ObjeLlive.i aii(Ipolicie5
The charity's activities expose il to a number of financial risks including credit risk, cash flow risk and liquidity
risk. The use of financial derivatives 15 governed by the cliarity's policies approved by the board of Iruslees, which
provide ivritlen principles on the use of financi<11 derivalives to manage these risks. The charity does not use
derivative financial instruments for speculative purposes.
Page 3

Hillcrest Community Partnership
Trnstees, Report
Cashflow risk
The charity's activities expose it primarily to the financial risks of change5 in foreign currency exchange rates and
interest rates. The charity uses foreign exchange forward contracts and interest rate swap contracts to hedge these
exp)sures.
Interest bearing assets and liabilitie5 are held at fixed rate to ensure certainty of cash flows.
Credil risk
The charity's principal fmancial assets are bank balances and cash, trade and other T￿e1v8b1Cs, and investments.
The charity's credit risk is primarily attributable to its trade receivables. The amounts presented in the balance
sheet are net of allowances for doubtful receivables. An allowance for impairnient is made where there is an
identified loss event which. based on previous experience. is evidence of a reduction in the recoverability of the
cash flows.
The credit risk on liquid funds and derivalive fmancial instruments is limited because the counterparties are banks
with high credit-ratings assigned by international credit-rating agencies.
The charity has no significant concentration of credit risK with exposure spread over a large number of
counterparties and customers.
Liquldity rlsk
In order to maintain liquldity to ensure that sufficient funds are available for ongoing operations and future
developments, the charity uses a mixture of Ii)ng-temi and short-tern] debt finance.
Further details regarding liquidity risk can be found in the SLitement of accounting policies in the financial
ststements.
ststement of trnstees, responsibilities
The trustees (who are also the dir¢ctors of Hillcrest Communty Partnership for the purposes of company law) are
responsible for preparing the trustees, report and the fmancial statements in accordaDce with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including
FRS 102 "The Financial Reporting SL￿dard applicable in the UK and Republic of Ireland..
Company law requires the trnstees 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 affairs of the charitable 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 suitsble 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, subjecr 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 a¢¢ounting records ¢an disclose with reasonable ac¢urncy at
any time the financial position of the charitable company and enable them to ensure that the fmancial statements
comply with the Companies Act 2006. They are also responsibl¢ for safeguarding the assets of the charitable
rnpany and hence for taking reasonable • for the prevention and dete¢tion of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial inforniation included
on the charitable companys website. Legislation governing the preparation and dissemination of financial
slalements may differ from legislation in other jurisdictions.

Hillcrest Community Partnership
Trustees, Report
Dl$elosure of Information to audltor
Each trustee has taken steps that they ought to have taken as a trustee in order to make ihernselves aware of any
relevant audit inforniation and to establish that the charity's auditor is aware of that infomiation. The trustees
confirm that there is no relevant infomation that they know of and of which they know the auditor is unaware.
The annual report was approved by the trustees of the charity on l O December 2025 and signed on its behalf by:
Mrs Paula Woolven BEM
Chair
Page 5

Hillcrest Community Partnership
Independent Examiner's Report to tbe trnstees of Hillcrest Community Partnership
('the Compgny,)
I report to the tharity trustees on rny examination of the accounts of the Company for the year ended 31 March
2025.
Responsibllltks and basts 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 preparntion of the accounts in accordance with the requirements of the Companie$ 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 rny examination ofyour charity's accounts
as caTried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In canying out my examination I have
followed the Directions given by the Charity Commission under section 145(5Xb) of the 2011 ACL
Independent examiner's statement
I have completed my examination. I confinn no matters have ¢ome to my attention in connection with the
examination giving me cause to believe:
l. accounting records were not kept in r&5pect of Hillcrest Community Partnership as required by se¢rion 386
of the 2006 Act" or
2. the accounts do not accord with those records: or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any
requirement that the wcounts give a 'true and fair view, which is not a matter considered as part of an
independent examination" or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charittes [applicable to chartties preparing their
accounts in accordance with the Financial Reporting SL￿dard 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.
Mark Boxall
Shoreline Attountants limited
25 Clinton Place
Seaford
East Sussex
BN25 INP
Page 6

Hillcrest Community Partnership
Statement of FinaDeial Activities for the Year Ended 31 March 2025
Uncluding Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestricted
funds
Total
2025
Note
Income and Endowments from:
Donations and legacies
Other income
12,850
12,850
115995
Total income
128 845
Expendlture on:
Raising funds
Charitable activities
(700)
172 876
(700)
172 876
Total expenditure
173 576
173 576
Net expenditure
Net movement in funds
(44,731)
(44,731)
Reconelliation orrunds
Totsl funds brought forward
571
85
571385
Total funds carried forward
19
526 654
Unrestricted
runds
526 654
Total
2024
Note
Income and Endowmenls from:
Donations and legacies
Other trading activities
Other income
43,832
466
108 753
43,832
466
108 753
Total income
153051
153 051
Expenditure on:
Raising funds
Charitable activities
(202,368)
(202,368)
Total expenditure
207 400
207 400
Net expenditure
Net movement in funds
(54,349)
(54,349)
Reconciliation of funds
Total funds brought forward
625 734
625 734
Total funds carried forward
19
571,385
571385
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2024 is shown in note 19.
The notes on pages 9 to 17 fonn an integrdl part of these fmancial statements.
Page 7

Hlllcrest Community Partnership
(Registration number: 03491707)
Balance Sheet as f4t 31 March 2025
2025
2024
Note
Flxed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
12
448.983
464,829
14
15
10.317
15,248
100 334
115,582
84,734
Credltors: Amounts falllng due wlthln one year
16
Net ¢urrent assets
106 556
Net assets
528 773
571385
Funds of the charlty:
Unrestrkted Ineome funds
Unrestricted funds
528 773
571385
Total funds
19
528 773
571385
The financial statements on pages 7 to 17 were approved by the trustee4 and authorised for issue on 24 November
2025 and signed on their behalf by:
Mrs Paula Woolven
Chair
The notes on pages 9 to 17 forni an integral part of these financial statements.
Page 8

Hillcrest Community Partnership
Notes to tbe Financial Statements for the Year Ended 31 Marcb 2025
I Charlty status
The charity is limited by shar¢ capital. incorporated in .
The address of its registered office is:
Hillcrest Community Centre
Bay Vue Road
Newhaven
East Sussex
BN9 9LH
These financial statements were authorised for issue by the truslees on 24 November 2025.
2 Accountlng pollcle$
Summary of $lgnlfl¢ant aeeountlng pollcles and key aecountlng estlmates
The principal accounting policies applied in the preparation of these financial staternents are set out below. These
policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of eomp15anee
The financial statements have been prepared in ac¢ordance with Accounting and Reporting by Charities:
Statement of Recommended Pra¢tice (applicable to ¢harities 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 Reportin8 Standard applicable in the UK and Republic of Ireland
(FRS 102) and the Companies Act 2006.
Basls of preparatlon
Hillcrest Community Partnership meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at histori¢al cost or transaction value unless otherwise stated in the relevant
accounting policy notes.
Golng eoneern
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 affe¢t the carrying value of assets held by the charity.
Income ond endowments
All income is recognised on¢¢ the charity has entitlement to the in¢om@ it is probable that the income will be
received and the amount of the income receivable Can be measured reliably.
Dona¢lons and legacles
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In
the event that a donation is subject to conditions that require a level of perforniance by the charity before the
charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully
met, or the fulfilment of those ¢onditions is wholly within the control of the charity and it is probable that these
Conditions will be fulfilled in the reporting period.
Page 9

Hillcrest CommunRty Partnership
Notes to tbe Financial Statements for the Year Ended 31 Mareh 2025
Grants recelvable
Grants are recognised when the charity has an entitlement to the funds and any Conditions linked to the grants
have been met. Where perfom]ance conditions are attached to the grant and are yet to be met, the in¢ome is
recognised as a liability atkl included on the balance sheei as deferred income ¢0 be rele&5ed.
Expendlture
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and the amount tyi be measured reliably. All costs are allocated to the applicable
expenditure heading that aggreg￿e stmilar ¢osts to that category. Where costs cannot be directly attributed to
particular headings they have been allocated on a basis consistent with the use of resourtts, with central staff costs
allocated on the basis of time spent, and depreciation Charges allocated on the FK)rtion of the &8set's use. Other
support costs are allocated based on the spread of staff costs.
Ratslnzfundf
These are Costs incurred in altracting voluntary income, the mana8ernent of inve5thients and those incurred in
trading activities that raise funds.
Charllable acllvllles
Charitable expenditure comprises thNe costs incurred by the charity in the delivery of its activities and services
for its beneficiaries. It includes both costs thar can be allocated directly to such activities and those costs of an
indirect nature necessary to SUPPOrt ihem.
Support eosts
Support costs include central functions and have been allocated to activity Cost Categories on a basis consistent
with the use of resources, for example, allocating property costs by floor areas. or per capit4 Slaff costs by the
time spent and other Costs by their usage.
Governanee eosts
These include the costs attributable lo th¢ charity's cornplian¢e with constitutional and ststutory requirements,
including audiL strategic managemeni and trustees meetings and tEimbursed expenses.
Taxallon
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 201 O and therefore
it meets the definition of a chariiable cornpany for UK corporation tsx purposes. Accordingly, the charity is
polentially exempt from taxation in respect of income or capital gains received within categories covered by
Chapter 3 Part I l 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 ¢xclusiv¢ty to Charitsble purposes.
Tangible fixed assets
Individual fixed assets costing £0.00 or more are initially recorded at cosL less any subsequent accumulated
depreciation and subsequent accumulated impainnent losses.
Depreciation and amortisation
Depreciation is provided on tangible r￿ed assets 50 as to write off the cost or valuation, less any estimated residual
value, over their expected useful economic life as follows:
Asset class
Improvements to property
Depreciation method and rate
IiP/• on reducing balance
Page 10

Hillcrest Community Partnership
Notes to the Financial Statements for the Year Ended 31 MArch 2025
Plant and machinery
Fixtures and fittings
250/0 on redu¢ing balance
200/0 on reducing balance
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services perfonned in the ordinary course
of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost
using the effective interest method, less provision for impairn]ent. A provision for the impairnient of trade debtors
is established when there is objective evidence that the charity will not be able to collect all amounts due according
to the original temis of the receivables.
Cash and ¢ash equlvalents
Cash and ¢ash equivalents Comprise ¢ash on hand and call deposits. and other short-temi highly liquid investments
that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade ¢redltors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an
unconditional right, at the end of the reportin8 period, to defer settlement of the creditor for at leasl twelve months
after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the
reporting date, they are presented as non-curreni liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using
the effective interest method.
Borrowlngs
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Inlerest-bearing
borrowings are subsequently Ca￿led at amortised cost. with the difference between the pro¢¢¢ds. net of transaction
costs, and the amount due on redemption being recognised as a charge lo the Statement of Financial A¢livities
over the period of the relevant bom)wing.
Interest expense is recognised on the basis of the effective interest method and is included in interesi payable and
similar charges.
Borrowings are classifi¢d as current liabilities unless the charity has an unconditional right to defer settlement of
the liability for at least twelv¢ months aft¢r the reporting dat¢.
Fund slru¢ture
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of
the objectlves of the charity.
Pagell

Hillcrest Community Partnership
Notes to the Financial Statements for the Year Ended 31 March 2025
Flnancial iDStrnrnents
Classlfication
Financial assets and financial liabilities are recognised when the charity becomes a paty to the contractual
provisions of the instrumenL
Financial liabilities and equity instruments are classified according to the subsiance of the contractual
arrangements entered into. An equity instrumenl is any contract that evidences a residual interest in the assets of
the charity after deducting all of its liabilities.
Reeognlilon qnd nwosurenwil
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except
for those financial assets classifsed as at fair value through profit or 104 which are initially measured at fair value
(which is nornially the transaction price excluding transaction costs), unless the arrangement constitutes a
financing transaction. If an arrangement constitll*s a financing transaction. the financial asset or financial liability
is rneasured at the present value of the futh paynents dI￿Ount￿ at a markel rate of interest for a simllar debt
instrumenL
Financial &8sets and liabilities are only offset in the statement of financial position when. and only when there
exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net
basi4 or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contrdctual rights to the cash flows from the financial
asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of
ownership of the financial asseL or c) the charity, despite havtng retained some. but not all, significanl risks and
rewards of ownership. has transferred control of the assei to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled
or expires.
3 Ineome from donations and legacies
Unrestricted
funds
General
Total
funds
Donations and legacies.
Donations from individuals
Grants, including capital grdnts.
Donations from community groups
Regular giving and capital donations
1,037
1,037
11.801
12
11,801
12
Total for 2025
Total for 2024
Page 12

Hillcrest Community Partnership
Notes to the Financial Statements for the Year Ended 31 March 2025
4 Income from other tradlng aetlvlties
Unrestrieted
funds
General
Tolal
nds
Total for 2025
Total for 2024
466
466
S Other income
Unr¢strlct¢d
fund$
General
TotPdl
runds
Rental income
115001
Total for 2025
115001
Total for 2024
6 Expendlture on ratsing fvnds
Costs of generatlng donitlons and legacles
Unrestrleted
runds
General
Total
funds
Note
Total for 2024
111893
111893
b)
Costs of tradlng activllles
Unrestricted
funds
Genernl
Totsl
rund$
Note
Allocated support costs
700
700
Tolal for 2025
700
700
Total for 2024
Page 13

Hillcrest Communlty Partnership
Notes to the Financial Statements for the Year Ended 31 March 2025
Tolal
eosts
7 Expendlture on charltable actlvltles
Unrestrleted
funds
General
Total
funds
Note
Allocated support costs
Governan¢e costs
166,181
166,181
Total for 2025
172 876
172 876
Total for 2024
Total
expendlture
In addition to the ¢xpenditure analysed above, there are also governance costs of £6,695 (2024 - £7.123) which
relate directly to charitable activities. See note 8 for further d￿all$.
8 Analys1$ ofgovernance and support Costs
Covernance Costs
Unrestrlcted
funds
Ceneral
Total
funds
Allocated support costs
Total for 2025
Page 14

Hillcrest Community Parthersbip
Notes to the Financial Statements for tbe Year Ended 31 Mareh 2025
9 Net incomingloutgolng resources
Net outgoing resources for the year include:
2025
10 Tru$lee$ remuneratlon and expenses
I l Taxation
The charity is a registered charity and is therefore exempi from taxation.
12 Tlnglble fixed assets
Land Ind
buildin8$
Furnlture and
equlpment
Tolal
Cost
At l April 2024
715
32
129 149
At 31 March 2025
715
32
129 149
844381
Deprttlgtlon
At l April 2024
Charge for the year
At 31 March 2025
266,469
13.082
379,551
116553
395 398
Net book value
At 31 March 2025
436 387
448 983
At 31 Mareh 2024
448 763
13 Flxed asset Investments
2025
14 Debtors
2025
2024
Trade debtor5
Prepayments
Other debtors
10,317
14,941
157
150
48
15
Page 15

Hillcrest Community Partnership
Notes to the Finaneial Staten)ents for the Year Ended 31 March 2025
15 Cash and eash equivalents
2025
2024
Cash on I￿nd
Cash at bank
710
74,417
100 334
16 Credltors: amounts falling due within one year
2025
2024
Trade creditors
Other taxation and social security
VAT grant repayable
Other creditors
Accruals
1.383
808
(4,577)
6,130
4,308
3.500
1,218
17 Penslon and other schemes
Defined contribution pension scheme
The charity operates a defined contribution pension xheme. The pension cosl charge for the year represents
contributions payable by the charity to the scheme.
18 Share tapital
19 Funds
Balance at I
April 2024
Incoming
resourees
Resouree$
expended
Balance at 31
March 2025
Unrestricted funds
General
571385
Balance al I
April 2023
173 576
Resources
expended
528 773
Balance at 31
March 2024
Incoming
resources
Unrestrieled funds
General
625 734
153,051
207 400
571385
Page 16

Hillcrest Community Partnership
Notes to the Financial Statements for the Year Ended 31 March 2025
20 Anatysls of net assets between funds
Unrestrieted
funds
General
Total funds at 31
March
2025
R¢stri¢ted
funds
Tangible fixed assets
Current assets
Current liabilities
448,983
84.734
936
448,983
84.734
Totsl net assets
534 653
528 773
Unrestricted Total funds at 31
funds
March
Genernl
2024
Tangible fixed assets
Current assets
Current liabilities
464,829
115.582
464,829
115,582
Total net assets
571
85
571385
21 Analysis ofnet funds
At 31 March
2025
At J Aprll 2024
Cash at bank and in hand
100 334
100 334
Net debt
100 334
100 334
Al 31 Mareh
2024
At l April 2023
Net d¢bt
22 Related party transactions
Page 17

Hillcrest Community Partnershlp
Statement of Financial Activities by fuDd for the Year Ended 31 March 2025
Unrestricted Funds
Total
Total
Unrestricted Unrestrleted
Funds
Funds
2025
2024
Income and Endowments from:
Donations and legacies
Other trading activities
Other income
12,850
43,832
466
108 753
115995
Total income
128 845
153 051
Expenditure on:
Raising funds
Charitable activities
(700)
(202,368)
Total expenditure
173
76
207 400
Net expenditure
Net movement in funds
(44.731)
(54,349)
Reconeiliation of funds
Total funds brought foThvard
571385
625 734
Total funds carried forward
526.654
571385
This pag¢ does not forni part of the statutory financial statements.
Page 18

Hillcrest Community Partnership
Detailed Statement of FiDancial Aetivities for the Year Ended 31 March 2025
Total
2025
Total
2024
Donollons and legacl
Appeals and donations
Subscriptions
Grants receivable
1.037
12
43.700
132
Olliér tradlng actlvllles
Exhibitions
466
466
Olher Income
Rentsl income
Rental income
Other income
114,446
555
994
115995
91.999
108 753
Ratslngfynds
Wa8es and salaries
StalT pensions (Defined contribution)- wsion scheme I
Staff trainin8
Rates
LighL heat and power
Insurance
Repairs and maint¢nanc¢
Repairs and renewals
General maintenance
Telephone and fax
Printin& postage and stationery
Trade subscriptions
Hire of plant and machinery (Spot hire)
Sundry expenses
Cleaning
A￿oUn￿ncY fees
Legal and professional fees
Legal and professional fees
Depreciation of freehold property
Depreciation of plant and machinery
Depreciation of fixtures and fittings
(69,946)
(873)
(6,834)
(11.987)
(28,658)
(6,793)
(935)
(18,337)
(10,345)
(1,426)
(4,061)
{852)
(467)
(12,449)
(2,866)
(7,123)
(248)
(700)
(13,752)
(1,695)
700
202 368
Cliarflable ac11￿"lIeS
This page does not forni part of the statutory fmancial statements.
Page 19

Hillerest Communlty Partnershlp
Detailed Statement of Financial Aetivities for the Year Ended 31 March 2025
Total
2025
Total
2024
Wages and salaries
Staff NIC (Employers)
Staff pensions (Defined contribution) - wsion scheme I
Slaff training
Staff welfare
Water rates
Lighl heat and power
Insurance
Repairs and maintenance
Repairs and renewal$
General maintenance
Telephone and fax
Computer software and maintenance costs
Printing, postage and stationery
Trnde subscriptions
Hire of plant and machinery (Spot hire)
Sundry expenses
Cleaning
Advertising
Bank charges
Depreciation of freehold property
Depreciation of plant and machinery
Depreciation of fixtures and r￿Ing$
Accountancy fees
(77,234)
(793)
(1,158)
2,670
(618)
(12.322)
(23,984)
(7.119)
(900)
(9.230)
(1.798)
(1,511)
(251)
(2.827)
(708)
(137)
{9275)
(2.358)
(683)
(98)
(12.376)
(1.287>
(2,184)
(1,333)
(740)
(1,429)
(1,408)
(122)
172 876
This page does not form part of the statutory fm8ncial ststement$.
Page 20