COMPANY REGISTRATION NUMBER: 03505843
CHARITY REGISTRATION NUMBER: 1070554
Newmarket Open Door
Company Limited by Guarantee
Unaudited Financial Statements
For the year ended
31 March 2025
'AEIELA41*
2911212025
COMPANIES HOUSE
A11

Newmarket Open Door
Company Limited by Guar¥nt¢¢
Flnancial Statements
Year ended 31 March 2025
PAges
Trustees, annual report (incorporating the director's report)
1105
Independent exAminer's report to the trustee5
6t07
Siatement of financial activities (including income and expenditure account)
Statement of finan¢ial position
ststemenl of cash flows
io
Notes to the financial slatement$
JI ¢022

Newmarket Open Door
. Company Limited by Guarantee
Trust¢Ès' Annual Report (Incorporating the Director's Report)
Year ended 31 M$reh 2025
The trustees, who are also the directors for Ihe purposes of ￿MpanY law, present their report and the unaudited
financial statements of Ihe charity for the year ended 31 March 2025.
Chair's report
INTRODucfioN
The Board of Tru51ees, who are also directors of th¢ Charity for th¢ purposes of the Companies Act, and trusiees
for charity law purposes. submit their annual report and the financial slatements for Newmarket Open Door for
the year ended 31 March 2025.
The Board of Trustees confimis that the annual report and financial statements of the Charity comply with
current statutory requirements. including the Charities Act 2011, as well as the requirements of the Charity's
governing document And the provisions of the Charities SORP {FRS 102) . Accounting and Reporting by
Charities.. Staiement 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) second edition
(effective l January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS.
102), and ihe Companies Act 2006.
CHAIR'S FOREWORD
The past year has been some of the most challenging that wc have faced in our 25-year history: we saw a number
of trustee retirements and resignations, rising demand for housing and support services, increasing need for the
provision of relief lo those experiencin8 hunger and poverty, financial pressures and rising operating Costs. and
the on80in8 leas¢ dispute with the landlords of the property al 85 Hi8h Street. NewmArket.
However, we have continued to provide safe accommodation and guidance to homeless young people across
Newmarket and beyond, we have developed our charity superstore thai sells donated goods at affordable prices
with proceeds going towards funding support pro8rammes and services. we have maintained a regular foodbank
and a weekly 'pop up, shop 10 ensure that individuRls and families have access to nutrilious m¢8ls. We hav¢
re¢ruited new TTuslees 10 ensure that Newmarkei Open Door continues to provide its vital community services
in a resilient and sustainable way. Thanks to the dedication of our staff. volunteers, and parn)ers, we have hclpcd
transform lives 8ftd helped to support those most in need ftn our community.
CHIEF OPERATING OFFICER'S STATEMENT
The 2024125 year has been one of con501idaiion, progress, and renewed slability for Newmarkei Open Door,'as
we continued to strengihen our operaiions and deliver life-changin8 SUPPOrt to those at risk of homelessness and
hardship. Through improved governancc, stronger systems. and a clear focus on quality, we have enhanced the
¢onsisten¢y and impact of our servi¢es across all areas of delivery.
Our supported accommodation has continued to experience high demand, providin8 safe and stable housin8
where residen¢S can rebuild Iheir Confidence and independen¢e. Positive outcomes in education, training, and
employmenl have been sustained, refleciing the Commitment of residenis alongside the dedi¢alion of slaty. These
developments have oontribuled to brighter. mor¢ welooming living environments that support wellbeing and
foster a strong sense of belongin8.

Newmarket Open Door
Company Limited by GuarAnt¢e
Trustees, Annu21 Report (Ineorporatlng the Director's Report) (conthiued)
Year ended 31 Mar¢h 2025
Chair's report (eoiitiiiutd)
Our Charity SupersioTC remains central lo our mission, generating unrestricted income while providing
volunteering and work experien¢¢ opportunities Ihat build confidence and employability. Our Foodbank and
Pop-up Shop continue lo play a vital role in supporting local households facing financial pressure. The Pop-up
Shop helps individuals and families before they reach ¢risis point, reflecting our broader aim to reduce reliance
on the Foodbank by providing affordable a¢¢ess to esscnlial goods. Both servires op¢rat¢ etYIGiently and
sustainably through th¢ continued support of donors, partners. and volunteers.
Looking ahead. our priorities are 10 strengthen financial resilience, maintain high property standards. and invest
further in staff and s¢rvic¢ development. D¢spite the wider financial challenges across the charity sector.
Newmarket Open Door continues 10 be a stable. proa¢iive. and Compassionate organi5ation. Through the
dedication of our staff, volunteers. trustees, and partners, we remain focused on creating meaningfvl change and
providing safe, supportive spaces where individuals can rebuild their lives and thrive.
GOVERNANCE
Newmarket Open DOOT is governed by a Board of Trustees, responsible for ovcrsccing the Strategic direction,
8oveman¢¢, and financial management of the charity. Durin8 th¢ year we have recruited a new Board of
Trustees, slrengihened our governance policies and refreshed our mana8ement structure. The Board works
closely with the senior rnanagcmenl team to ensure effective delivery of services.
Trustees
David Walker (Chair)
MArtin Wells (Deputy Chair)
Sarah Akinsanya
Steven Maddox
Rev Robert Otule
ABOUT US
Our Mission
To change lives by providing accommodation, 5UPPOrt, and opportunities for homeless young people in the
Newmarket area and provide help io individuals and familie5 facing hardship.
Our Vision
A community where every young person has a safe place to live and ihe provision of support lo those in our
community who need il most.
Our Values
Cornpassion I Inclusion l Dignity | Community wellbeing I Sustainability
Thank You
We could not achieve what we do without the tireless support of our volunteers, donors. partners, and stafrT.
Together. we are building brighier fvlure$ for young people in Newmarket and helping support those in need in
our community.
Contact Us
Website: www.newmarketopendoor.co.uk
Email- office@newmarkelopendoor.org.uk
Phone-. 01638 600699

Newmarket Open Door
Compgny Limited by Guarantee
Trustees, AnnuAI Report {In¢orporAting the Director's Rep.ort) fcolltittued)
Year ended 31 March 2025
Referenee and administrative details
Registered charity name
Newmarket Open Door
Chirlty reglstratlon number
1070554
Company regislration number
03505843
Principal offiee And registered
office
Portland House
188 High Sireei
Newmarket
Suffolk
CB8 9AP
The trus¢¢e$
John Gilbert
Valerie Russell
Catherine Staff
David Staff
Karen Gredley
Steven Maddox
Natasha Monks-johnston
{Resigned 9 May 2024)
(Resigned 27 May 2024)
(Resigned 8 May 2025)
(Resigned 8 May 2025)
{Resi8ned 27 May 2024)
(Resigned 27 May 2024)
(Served from 29 April 2024 to 18
November 2025)
(Appointed 28 April 2024)
(Served from 24 April 2024 to 20
May 2025>
(Appointed 4 June 2025)
(Appointed 30 July 2025)
(Appointed 30 July 2025)
(Served from 7 November 2025 to
16 December 2025)
Sandra Ann Greatrex
R¢v Robert Otule
Adrian Savin
David James Walker (Chair)
Martin Wells (Deputy Chair)
Sarah Louise Akinsanya
Oluwatosin Mary OITiisore
{Treasurer)
Company secretary
John Gilbert (ResiBned 9 May 2024)
Independent ex4miner
Shane Tharby FCA
For and on behalf of
Streets Bloodstock
Lushington House
19 High Street
Newmarket, Suffolk
CB8 9AE

Newmarket Open Door
Company Limited by Guarantee
Tru$tee5' Annual Report (Ineorporating th¢ Direttor's R¢port) (¢ollrfnMe
Year ended 31 March 2025
Strutlurt? govern#ne¢ And management
Governin
do¢ument
Newmarke¢ Open Door is a company limited by guarantee with charitable status which is 8ovcrned by
memorandum and articles of association.
intmcnt of trusiees
New trustees are appointed by a majority of trustees in office at that time.
Trustee indu
trainin
The trustees are Currently reviewing the procedures in place for trustee induciion And trainin8 by referen¢¢ to
guidance published by the Charity Commission.
ani
nal struclur
The charity has a board of trustees who meet quarterly and are responsible for ils strategic direciion and policy.
An operations mana8er is appointed by the Iruslees lo manage the day to day operations of Ihc charity.
The trustees actively review the major risks which Ihe charity face5 on a regular basis and believe that
maintaining reserves at ¢urrenl levels. ￿mbIned wilh an annual review of the controls over k¢y financial
systems will provide sufficient resource5 in the event of adversc conditions. The trustees have also examined
other operational and business risks fh¢ed by the charity and Gonfirn) ihal they have established Syslcms lo
miligale the significant risks.
Objtetivts and Activltles
The charities objectives and aelivilies continue io be the advancemeni of the Christian faith and education.
including the relief of persons experiencing poverty, homelessness, physical and mental disability, and in
furtherance of such objectives the provision of acwmmodation and 5UPPOrt for such persons.
Achievements and performance
Thes¢ are covered in th¢ chair's report,

Newmarket Open Door
Company LI￿￿ted by Gu*rantee
Trn8tee&' AnnuAI Report (]n¢orporatlng the Dlreetorlg Report) fth•NiMuedJ
Year ended 31 Mareh 2025
Flnandal révlew
The existence of two distinet trading operations reduces the risk of the complcte loss of iocome a¢ross the whole
¢b&rity. AdvaDC¢ noti¢e of any dKlioe,'in accommodatioti incom¢ iyill occur witb ttasonable notice. Thc m09t
difficult Area to predict will be thc trAdiDg surplus &t the Superstore bul returns are monitor¢d very Closely and
accowit summaries are produced on a monthly basi5 WitbiD two weeks of the relevant end date. The truste¢s also
receive'som¢ 8ssuraace by the prote'ction offered through the business interniption policy ID the event that the
cbarity is unable to opernte at any of its 8it¢s.
The trustees have reviewed the level of reserves held by the charity and compBred tbis with the cb￿1￿8 reserves
policy, which 18 to hold unrestricted reserves equivalent to approxima*ly one month's operatillg expcnditur4
OSS¢S8ed as appropriate to m¢¢t th¢ charity's oeeds 8od w m8na8¢ risk.
Tothl expenditure for the year'2024125 amounted to £587,588 4nd, on this basis, one month's operatiD8
cxpendittbr¢ i6 Approximately £49,000. At the year eDd, the ¢barity beld unrestricted Tuerves of £144237, whi¢h
is above the level identified by the trustees as appropriate UDder the reserves policy.
Jll 8ccordanee with.Cbarity Commission guidance, the trustee8 bav¢ considered what stops are being taken to
brin8 the level of r¢8erve5 lllto line with the reserves poli¢y. In the ¢ontexl of the charity's fJve-y¢ar strategy
202&2031. the trllstees'consider it prndent to retain highu reserves in the short to medium t¢m to gUPPOrt
f￿￿n¢1&1 r¢8iliencc and.. to ¢￿ble a pro8faDune of repair and renovation of the charity'a a¢con]modation to b¢
implements
The trustees will contlnue to monitor tbe Icvel of reserves and will revicw their plann¢d wc as part of the
charity'8 oogoing fiDancial planning, with th¢, intention of aligoin8 reserves with tbe reserves policy over th¢
period of the five-year str8te8y, while ensuring the cbarity remains able to meet its ffijtyre cotilmitmcnts.
SMAII eompany provl8loni
This report bas been prepared iti AccordAllce wlth the provisio￿ applicable w comp￿1¢9 ¢ntitl¢d to the small
companie8 exemption.
The trust¢e8' annu•l r¢port w49 approved on
2>...11:£5-
. and $18ned on behalf of the board of trustee5 by:
Divtd James Walker
Chair of Th￿tee8

Newmarket Open Door
Company Limited by Guarantee
Independent Examiner'$ Report to the Trustees of Newmarket Open Door
Year ended 31 March 2025
I report lo the trustees on my cxaminaiion of the financial ststemenls of Newmarket Open Door (Ihe Charity,) for
the year ended 31 March 2025.
Responslbllltles ind basls of report
As the trustees of the company {and also ils direciors for ihe purposes of company law) you are responsible for
the preparation of the financial statements in ac¢ordan¢e with the requirements of the Companies Act 2006 ('the
2006 Act.).
Havin8 satisfied myself that the accounts of the company arc not required to be audited under Part 16 of ihc
2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's
accounts as carricd oul under seclion 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my
cxamination I have followed the Direction5 given by the Charity Comrnission under section 145(5)(b) of the
2011 Act,
Independent ex#min¢r's statement- malter ofconcern identified
Since the charity's gross income exceeded £250.000 your examincr must be a member of a body listed in section
145 of the 201 l Acl. I confim that l am qualified lo undertake Ihe examination because l am a member of Ihe
Insiilute of Chartered A¢¢ountants in England and Wales (ICAEW). which is one of the listed bodi¢s.
I have ¢ompl¢l¢d my examination. I have identified a matter of ¢on¢ern in my report that gives me cause to
believe that the charity may be in financial difficulty, as disclosed by the Trustees in note 3 of the fin&n¢ial
Slalemenls. The cashflow forecasts prepared by thc charity for the nexl 12 months show thoi ihc Charity can
conlinue as a going con¢em based on the completion of ihe lease surrender and the sale of Windsor House.
l confirm that no oiher matters have come lo my attention in Connection with my examination giving me Cause to
believe that in any material respecl..
accounting re¢ords were not kept in respect of the Charity as required by section 386 of the 2006 Act.
or
the financial sloiements do noi accord with those records; or
the financial statements do not comply with the accounting requiremenis 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 financial statements have not been preparcd in accordancc with the meihods and principle5 of the
Statement of Recommended Practice for accounting and reporting by charities applicable lo charities
preparing their accounts in accordan¢e with the Finan¢ial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102}.

Newmarket Open Door
Company Llmited by Gu*rant¢¢
Jndependent Examiner's Report to the Trustee$ of Newmarket Open Door {¢onrtn*ed)
Year ended 31 March 2025
confirm that there are no other matters lo whi¢h your attention should be drawn to enable a proper
understanding of the accounts to be reached.
Shane Tharby FCA
Independent Examiner
For and on behalf of
Streets Bloodstock
Lushington House
119 High Sireel
Newmarket, Suffolk
CB8 9AE
23 December 2025

Neivmarket Open Door
Company Limited by GuaraDtee
Statemenl of Financial Activities
(including incomc 4nd expenditure Account)
Year ended 31 March 2025
2025
Restricted
funds Total funds
2024
Unrestricted
funds
Total funds
Not¢
Income endowments
Donations and legacies
Charitable a¢iivilies
Investment income
25.869
494,276
544
13,000
38.869
494,276
544
71.606
472.143
,526
Total Income
520,689
13,000
533,689
545,275
Expenditure
Expcndilure on charitabl¢ activities
Total expenditure
574,588
13,000
587,588
593,541
574,588
13,000
587,588
593,541
Net expenditure and net movement In funds
(53.899)
(53,899)
(48.266)
Reconclllatlon of funds
Toial funds broughi forward
Total funds carried forward
198,136
198,136
246,402
144,237
144,237
198.136
The slatemenl of financial a¢livili¢s includes all goins and losses reco8nis¢d in ihe year.
All income and expenditure derive from continuing activities.
The notes OD pag¢s I I to 22 form part of th¢se financial statements.

Newmarket Open Door
Company Llmlted by Guarantst
Statement of FID￿ClaI PoJldu
31 Mgr¢b 2025
2025
2024
Fixed A88ets
Tan8ible fixejj a8s¢ts
13
475,451
478,608
Current 4g5¢ts
Debtors
Cash at bank and in hand
14
30.652
33.808
102,794
136,602.
72,017
Credltors: amounts fAlllng due wltlthi
one year
Is
61,290
46.042
Net ¢urr¢Dt Assets
10,727
486,178
90,560
569,168
Total Assetg less Current Il*bfilltl
Credltor$4 arnounts falLItt8 due after
more than ODe year
Net avdets
16
341,941
371,032
144.237
198,136
Funds of the cbarlty
Unr¢8lricicd funds
144237
198,136
Total cbarity funds
18
144.237
198,136
For the year ending 31 Marcb 2025 the cbarity w&q entitled to exemption from audit wider section 477 of the
Companies Act 2006 relating to sm811 companies.
Directors, rc5PODsibilities:
The members have not requircd the compbny to obtsin an audit of its financial statements for the year in
qu¢stioD in a¢conlance with Scctioll 476.
The directors acknowledBe their responsibilitie5 for complyin8 wlth the Tequirement8 of the Act with
respect lo ￿counting records the preparation of f￿An¢1￿ ststements.
These fillancI￿ sthtements bave been prepared in a¢cordancc with the provisiolls 8pplicRble to companies Subject
to th¢ small companies, r¢gim¢.
These fmancial statements were approved by the board of ttustees and authorised for issue on ................
Alld are signed on bebalf of the board by..
David James Walker
Chair of Trust￿¥
The notes 00 p2£es 11 to 22 fonD part of tbese fwancial 5tat¢m¢nt&

Newmarket Open Door
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 Marth 2025
2025
2024
CAsh flows from operating activities
Net expendilure
(53,899)
(48,266)
Adjuslmenisfor..
Depreciation of tangible fixed as5cts
Other interest receivable 8nd similar income
3,157
(544)
3,157
(1,526)
Changes in..
Trade and olher debtors
Trade and oiher Creditors
3,156
13.731
(8,714)
(14.951)
Cash generated from operations
(34,399)
(70,300)
Interest received
544
,526
Net cash used in operatin8 activities
{33,855)
(68,774)
Cash flows from tnvestlftE 8etivities
Purchase of langible assets
N¢1 cash used in inv¢sling aciivities
(960)
(960)
CAsh flow$ from financing activities
Pro¢eed51(Repaymenls) from borrowings
Net cash tssed in financing activities
(27,574)
(27,574)
(26.260)
(26,260)
Net decrease in CAsh and cash equivalents
Cash ond e*sh equival¢ntS At beginning of year
Cash And cash equlvalent$ at end of year
(61,429)
102,794
{95,994)
198.788
41,365
102.794
The notes on pages I l 10 22 form part of these financial statements.
io

Newmarket Open Door
Company Limited by Guarantee
Notes to the Flnxntial Stattments
Year ended 31 March 2025
General informatlon
The charity is a public benefit entity and a private company limited by guarantee. registered in England
and Wales and a registered charity in England and Wales. The address of the registered office is Portland
Hous4 188 High Street, Newmarket, Suffolk, CB8 9AP.
Statement of complS•nc¢
These financial statement5 have been prepared in compliance with FRS 102, 'The Financial Reporting
Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice
applicable 10 charities preparing their accounts in accordance with the Financial Reporting Standard
appli¢abl¢ in the UK and Republic of Ireland {FRS 102) (Charities SORP (FRS 102)), Ihe Companies Act
2006 and the Charities A¢t 2011.
Accounting policies
Bo81s of prepArAtSon
The financial staternents hav¢ been prepared on the historical Cost basis.
The financial statements are prepared in slcrling, which is the functional currency of the charity.
Going eoncern
The charity's Cash-flow forecasts assume completion of the lease surrender and the Sale of Windsor House.
While IheTe is inherent liming risk, Ihe trustees judge that the going concern basis remains appropriaie,
supported by active negotiations with the landlord, the property bcing marketed for sale, and identified
contin8encies (e,8., tighter spend controls and phased commitments). The trusl¢es are also explorin8
remort838el loan options to surrender ihe lease as early as possible •nd to repay the mortgage/ loan upon
the sale of Windsor House.
Judgemen¢$ ind key sources of e$tim#¢ion uncertainty
The preparation of the financial statements requires m8nagement to make judgements, ¢stimal¢s and
assumptions thal affect the amounts reported. These esiimaies and judgements are continually reviewed
and are based on experience and other factors, including expe¢tations of future events Ihat are believed 10
be reasonable under the circumstances.

Iyewmarket Open Door
Company Limited by Cusrantee
Notes to the FlnAnciJl St8tements {coNtiNuedJ
YeAr ended 31 March 2025
A¢counting pollcl¢s f¢ovrf#iiedJ
Judgements and key sources of estimation uncertainty {td4rtMued)
Si8nificant judgem¢nts
There are no judgements (apart from those involving estimatcs) that rnanagement has made in the process
of applying the charity's accounting policies.
Key sources of estimation un¢ertainty
A¢¢ounling estimates and assumptions are made concerning the future and. by their nathre. will rarely
equal the related actual ouleome. The key assumptions and other sources of estimation uncertainty that
have a significant risk of causing a material adjustment to lh¢ earying amounts of assets and li8bilili¢s
within the next financial year are as follows:
Tangible fixed assets are recognised at cost, less accumulated depreciation. Depreciation is charged over
th¢ estimal¢d useful life of ihe a55el to its ¢slimaled residual value.
Fund gccounting
Unrcstricted funds are hvailable to spend on aclivilies Ihal further any of the purposes of the charity.
Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to
set asid¢ lo use for a specific purpos¢.
Restricted funds are don81ions which the donor has specified 8r¢ 10 be solely used for particular Jreas of
Ihe charity's work or for specific projects being undertaken by the charity or are received through the temis
of a specific app¢81.
Incoming re$ource$
All income is included in the slatement of financial activities when entitlement has passed to the charity, it
is probable that the ¢conomic b¢nefils assocjated with the Iransa¢lion will flow to the charity and the
mount can be reliably measured. The following specific policies arc applied lo particular catcgorics of
incom¢'.
in¢ome from donations or grants is r¢cognised when there is ¢viden¢¢ of entitlement to th¢ gift,
receipt is probable and its amount can be me8sured reliably.
legacy in¢om¢ is recognised when receipt is probable and entitlement is established.
income from donatcd goods is measured al the point of sale, ai sales valuc, as it is impractical io
measure reliably at point of reccipl. The charity a¢cepts furniture. clothing. bric-a-brac, books,
DVD'slCD'slViny15. electrical equipment, tools, household linen and Curtains, ¢hinal8lassware etc.
Donated f3¢ililies and services are recognised in the accounts when received if the value can be
reliably measured. No amounts are included for the coniribution of general voluni¢¢rs.
income from ¢onlracts for the supply of Services is recognised with the delivery of the contracted
s¢rvice. This is classified as unrestricted fund5 unless there is a contractual requirement for it to be
sp¢nt on a particular purpos¢ 8nll reiurned if unspent. in which case il may be regarded as reslricted.
12

Newmarket Open Door
Company Limited by Gu8rAntee
Notes to the Financial Statements (tontinued)
YeAr ended 31 March 2025
Accounting policles (¢oitllnued)
Resources expended
Includes all expenditure in¢urr¢d by the charity other than thal which has been capitalised.
Operating leAse$
Rentals applicable to operating lease5 where substantially all of the benefits and risks of ownership remain
with the lessor, are charged againsi income as incurred.
T9ngible Assets
The charity has a policy to write off any capital items which cost less than £1,000. The nature of the
charity's O¢tivilies means ihat such items have an average useful economic life of less than one year.
DepreclAtlon
Depreciation is ptovided on all tangible fixed assets at rates calculated to write off the cost less estimated
residual value of each asset over its expected useful lif¢ as follows;
Freehold property
Short leasehold property
Plant and machinery
Motor vehicles
l •/(* strii8hi line
Over the iem of ihe lease
500/0 slraight line
500/0 Straight line
Imp*lrment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount
being estimated where such indi¢aiors exist. Where the carrying value exceeds the recoverable amount, the
asset is impaired accordingly.
13

Newmarket Open Door
Company Limited by Gu*r#ntte
Notes to tht FinAnciJl Statements (coii&tnMed)
Year ended 31 March 2025
AetouDting policies (con¢illuedJ
Fln8nclg1 In$trumeJJ¢s
A financial ass¢1 or a financial liability is recognised only when the entity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or pjyable including any
related transaction costs. unle55 the arrangcmenl constitutes a financing transaction, where il is recognised
at ihe present value of the fubjre paymenis discounted at a market rale of interest for a similar debt
instrument.
Current assets and current liabililies are subsequently measured at the cash or other consideration ¢xpe¢led
to be paid or received and noi discounled.
Debl instruments are subsequently measured al amonised Cost.
Financial assets that are measured at cost or 8mortised Cost are reviewed for objective evidence of
impainnent at the end of each reporting date. If ihere is objective evidence of impairnient, an impairment
loss is reco8nised under ihe appropriate headinB in th¢ statement of financial activities in whioh th¢ initial
gain WAS recogniscd.
Defjned eon¢Tibution plans
Contributions lo defined contribution plans are re¢o8nised as an expense in the period in which the related
service is provided.
Limited by guarantee
The charity is limited by 8U8rantee, In the ev¢nt of the charity bein8 wound up, th¢ liability of the
members 15 limited to £10.
Dongtions and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Grants
Newmarkel Charity
Jarvis Charitable Trust
Masonic Charitable MCF
Forest Heath District Council
Godolphin & Simon Gibson (Foodbank)
Harris Family Trust - Portland Hs¢
British Horsera¢ing
Arnold Clark Community Fund
Suffolk Community Fund {Charity superstore)
Others und¢r £2,000, including Gift Aid
2,000
2,000
3.333
3,333
5.250
5,250
1.000
10.000
17.286
1,000
10.000
17,286
25,869
13.IXIO
38,869
14

Newmarket Open Door
Company Limited by Gugrantee
Notes to the Financial Statements {¢ondn¥edJ
Year ended 31 March 2025
Don#tion$ and leg*eies fcondnued)
Unrestricted
Funds
Restricted Total Funds
Funds
2024
GrAftts
NewmArket Charity
Jarvis Charitable Trust
Masonic Charitable MCF
For¢si Heath District Council
Godolphin & Simon Gibson (Foodbank)
Harris Family Trust- Portland Hse
BTilish Horseracing
Arnold Clark Community Fund
Suffolk Community Fund (ChaTity superstore)
Others under £2,000, including Gift Aid
8,500
8,500
2,000
2,000
3,333
13,922
5,000
2,000
2,000
2,000
3,333
13,922
5,000
2,000
5,250
5,250
29,601
29,601
36,934
34,672
71,606
Ch*ri¢*bl¢ octlvltles
Unrestricted TotAI Funds
Funds
2025
Unreslricled Total Funds
Funds
2024
Fees for ac¢ommodation and support
Recycling
Sales of donated goods
Foodbank income
286,983
2,384
204,649
260
286,983
2,384
204,649
260
253,713
3,461
214,680
289
253,713
3,461
214,680
289
494,276
494,276
472.143
472.143
Inve$¢men¢ In¢om¢
Unrestricted Total Funds
Funds
2025
Unrestricted Total Funds
Funds
2024
Bank interest
544
544
1,526
1,526
Is

Newmarket Open Door
Company Limited by Guar#ntee
Nott$ lo fhe FinAnci41 S¢Atement$ (conhN¥ed)
Year ended 31 March 2025
Expendltur¢ on chAritable Activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
202S
Depreciation
Other costs
Staff cost5
Goveman¢e
3,157
265.017
299.234
7,180
3,157
278,017
299.234
7,180
13,000
574.588
13.000
587,588
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Dcpr¢¢iation
Other costs
Staff costs
Governance
3.157
214,260
333,275
4,968
555,660
3,157
252.141
333,275
4,968
37,881
37,881
593,541
Net expenditure
Net expenditure is staled after Chargin￿(credi¢lng).
2025
2024
Depre¢ialion of tangible fixed assets
3,157
3,157
10. Independent ¢xamin#tion fees
2025
2024
Fees poyable lo the independent examiner for..
Independent cxamination of the financial statements
3,850
2,100
I I, Staff costs
The total staff costs and employe¢ benefits for the reporting period are analysed as follows:
2025
2024
Wa8es and 5alari¢s
Social scGurity costs
Employer contributions to pension plans
279,898
12,617
6,719
299.234
309,830
15.407
8.038
333.275
The average head count of employees durin8 ihe year was 22 (2024.. 19).
No employee received employee benefits of more than £60,000 during the year (2024; Nil).
16

Newmarket Open Door
Company Limited by Guarantee
Notes to the Financial StAtementS (¢•hiiwi¢d)
Year ended 31 March 202S
12. Trustee r¢munerAtion and expenses
None of the trustees have been paid any remuneration or received any other benefits from an employmenl
wilh the charity or a related entity during the current or previous year.
No trustee expenses have been incurred in the current or previous year.
13. TAngible fixed #ssets
Short
leasehold
property
Frcchold
property
Plant and
machinery
Moior
vehicles
Tot41
Cost
At l April 2024 And
31 March 2025
512,000
150.938
32,071
48,696
743,705
Depr¢¢iation
Al l April 2024
Charge for the year
A131 M4r¢h 2025
33,872
2,677
150,938
31,591
480
48,696
265,097
3,157
36,549
150.938
32,071
48.696
268,254
CArrying amount
At 31 March 2025
475,451
475,451
At 31 March 2024
478,128
480
478,608
Freehold property includes freehold land of £244,300 (2024.. £244,300) that is noi depreciated,
14. Debiors
2025
2024
Trade debtors
Other debtors
8,620
22,032
6,792
27,016
33,808
30,652
The debtors above include the following amounls falling due after more than one year:
2025
2024
Other debtors
8,350
17

Newmarket Open Door
Company Limited by Guarantee
Notes lo the FlnanciAI Statements (eonanutd)
Year eDded 31 M4rch 2025
15. Crtdltors: amounts l#llin£ due wlthin one year
2025
2024
Bank loans
Trade creditors
Accruals and deferred income
Social security and other taxes
Other creditors
27,893
26,376
,329
4,600
6,162
575
30,100
2.483
814
61,290
46.042
The bank loan is securcd on the charity's frechold propcrty.
16. Creditors: Amounts fAlling due 4fter more Ih*n one year
2025
2024
Bank loans
341.941
371.032
Bank loans outstanding ai the reporting dale include instalments due after more than five years of £251,685
(2024.. £277,709).
The bank loan is secured on the charity's freehold property.
17. Ptnsions and other post re¢ir¢menl benefits
Defined eontributlon plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans
was £6,719 (2024.. £8,038).
18

Newmarket Open Door
Comp*ny Limited by Guarantee
Notes to the Finantial Stalements (¢oNlirtued)
Year ended 31 March 2025
18. An*lysis of charitable funds
Unr¢slricted funds
At
l April 2024
At 31 Mlreh
2025
Income
Expenditure
Transfers
General fund$
Development fijnd
Suffolk Housin8 Society
168.136
30,000
520.689
(574,588)
114.237
30,000
198.136
520.689
(574.588)
144.237
Ai
l April 2023
At 31 March
2024
Income
Expenditure
Transfers
General funds
Dcvclopmenl fund
Suffolk Housing Society
186.810
40,000
16,383
243,193
510.603
(539,277)
i 0,000
( i 0,000)
168,136
30.000
(16.383)
(555,660)
510,603
198,136
This fund includes expenditure of £31,855 in th¢ previous year relatin8 to the proposed move from Unil 2
to 85 High Sireet.
evel
This fund was set up to fund the development of beneficiaries of ihe charity in the pursuit of improving
their personal circumstances and access lo opportuniiies not available through statutory services or grants.
The trustee5 agreed in the 6th April 2023 board meeting minutes that a flexible developmeni fund of
£30,000 would be maintained for emergcncies,
This is a historic designation of funds going back a number of years. This was reviewed by the ¢harity in
the previous year and confimied to have been spent in full.
19

Newmarket Open Door
Comp#ny Limited by Gugrantee
Notes to the Financial Sta¢emen¢s (¢onilowed)
Year ended 31 March 2025
18. Analysis of Charilable funds (collliNuerf)
Reslricted funds
At
April 2024
At 31 March
2025
Income
Expenditur¢
Transfers
Godolphin
Household 5UPPOrt
Suffolk Community Fund
Harris Family Trusi-
Portland House
Simon Gibson
N¢wmarkel Cosl of living
fund
Masonic Charitable MCF
Fund
Arnold Clark Community
Fund
10,000
( i 0.000)
2,000
(2,000)
1.000
(1,000)
(13,000)
13,000
Al
l April 2023
Ai 31 March
2024
Income
Expenditure
Transfers
Godolphin
Household support
Suffolk Community Fund
Harris Family Trust-
Portland House
Simon Gibson
Newmarkct Cost of livin8
fund
Masonic Charitable MCF
Fund
Amold Clark Comrnunity
Fund
8,922
(8,922)
(3,209)
(5.250)
3,209
5,250
5,000
5,000
(s,000)
(5,000)
8,500
(8,500)
2,000
(2,000)
3.209
34.672
{37.881)
20

Newmarket Open Door
CompAny Limlted by Guarantee
Notes to the Financial S¢at¢ments (¢on{i￿led)
Year ended 31 M*rch 2025
18. Analysls of ¢haritable funds (eonrfn4ed)
Godolphin - Spent on supportin8 the food bank operaiion and accommodation.
Household support- Cost of living crisis relief from poverty.
Suffolk Community Fund . Assist households in Newmarket through the vou¢her 5chem¢s.
Harris Family Trust - Specific lo supported housing at Portland House for18-24 year olds.
Simon Gibson - Specific to supportin8 the Food Bank operation.
Newmarket Cost of living fund - In the previous year, £8.000 was donated for voucher distribution. The
remaining £500 balance was to support the garden restoration proje¢1 by residents.
Masoni¢ Chariloble MCF Fund - Specific to supporting the Food Bank operation.
Arnold Clark Community Fund- Spe¢ific to supporting the Food Bank operation.
19. Analysls of net assets between funds
Unrestricted Total Funds
Funds
2025
Tangible fixed assets
Current assets
Creditors less than l year
Creditors 8reater than l year
Net assets
475.451
72,017
(61,290)
(341,941)
144.237
475,451
72,017
(61,290)
(341,941)
144,237
Unrestricted Total Funds
Funds
2024
Tangible fixed assets
Cu￿en¢ assets
Creditors less ihan l year
Creditors greater than l year
Net assets
478,608
136,602
(46.042)
(371,032)
478,608
136,602
(46,042)
(371,032)
198,136
198,136
20. Anilysis of Changes In net debt
A¢
At l Apr 2024 Cash flows Other chan8es 31 Mgr 202S
Cash at bank and in hand
Debi due within one year
Lkbt due after one year
102,794
{26,376)
(371,032)
(61.429}
27.574
41,365
(27,893)
{341,941)
(328,469)
(29,091)
29,091
{294,614}
(33,855)
21

Newmarket Open Door
Company Limited by Guarantee
Notes to the Fin¥nri#l Statements (¢ond*u¢d)
YeAr ended 31 March 202S
21. Op¢r411ng lease commi¢m¢nts
The total future minimum lease payments under non-canccllable operating leases are as follows:
2025
2024
Not later Ihan l year
Later than l year and not laier than 5 years
Later than 5 years
53,475
137.838
41.113
4S,725
168.317
51,838
265,880
232,426
22, Related parties
There were no related pw transactions or balances during the current or previous year.
22