REGISTERED COMPATy NUII(BlI R: 03612468 (England and Wales) REGISTERED CHARITY NUMBER: 1075926 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 FOR HASLINGDKN COMMUNffY LINK (A COMPANY LILvirfED BY GUIIRANTEE) THE LINKCENTRE Ainsworths Limited Chartered A¢¢ountants Charter House Stansfield Street Nelson Lancashire BB9 9XY
HASLINGDEN COMMUNITY LINK (A COMPANY LIMITED BY GUARANTEE) CONTENTS OF THII ANCIAL ST ATEMENTS FOR THE YEAR Ei f4DED 31ST MARCH 2025 Page Report of the Trn8tee8 Ito9 Independent Examiners Report io Statement of Financial AGtivities Balance Sheet 12 Cash Flow Statement 13to14 Note8 to the Financial Statements 15to21 Delailed Statement of Financial A¢tivities 22
HASLIIYGDEN COMMUNITY LllYK (A COMPANY LllVIITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEARENDED 31ST MARCH 2025 The irnstees who are also directors of the company for the purposes of the Companies Act 2006, presettt their report with the fnCIal statements of the charity for the year ended 3151 March 2025. The fmancial 8tatement8 comply witb the Charities Act 2011, the Companies Act 2006, the MemorarLdum and Article8 of As8OCi&tion, and A¢¢ounting and Reporting by Charities,. Statement of Recornmended Practice applicable to charities proparing their accounts in accordance with the Financial Reporting Standard applicable in the UIC and Republic of treland (FRS 102) (effective isr January 2015). REFERENCE IIND ADMINISTRATIVE DETAILS Registered Company number 03612468 (England and Wales) Registered Charity number 1075926 Reglstered offlce Haslingden Community Linlc Bury Road Haslillgden Lancashire BB4 5PG Trustees Mr J B Payton Cllr A C Cheetbarn lfr8 M L Brady Mr8 K Payton (resigned 19UI November 2024) Mrs A Coates Mr8 C Kay Miss N Ralunan Mr D Doody MT G P Jones (resigned 1st August 2024) Mr C Brown (appointed 28th April 2025) Mr J B Calway (appointed 28 April 2025) Key Management Per80nnel Andrew Mullaney- Centre Manager Julie Hargreave8 - Nursery Manager Sofie Muldowney- Catering Services Manager Kathy Doidge- Business and Finance Manager Page I
HASLINGDETrI COMMUNITY LINK (A COMPANY LIMITLI D BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST IWIARCH 2025 Inde.pendent Examiner Marlc Sunter FCA AinswordJ8 Litnited Chartered Accounlants Charter House Stansfield Street Nelso Lancashire 3B9 9XY Bankers National Wegkninster Bank PIC 28 Bank Street Rawtenstall Lallcashire BB4 8TS Solicitors WoodcoGl<s Haworth & NutlalL Princess Street Haslingden LancashiTe BB4 5NH Page 2
HASLINGDEN COMMUNITY LINK {A COMPANY LIMrfED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR EP4DED 31ST MARCH 2025 STRUCTUREI, GOVERNANCE AND IVIANAGEMENT Governlng document Tbe charity is controlled by its govenjing do¢illnenL the Memorandum alld Articles of Association dated 10 August 1998, and constitutes a lithit¢d company, limited by guarantee, as defined by the Companies Act 2006. Recruitment and appointment of lle)v trustees Tb¢ conllnunity builditig from which the organisation operates is a1801(nown as Haslingden Community Link and is the registered office of the charity. The MeberS of the charity represettt ittdividuals and voluntary bodies resident or working in Ha81ingden. The board of tmstees l(nown as the Council consist8 of a maximum of Sixteen merrtbers elected fron] the members of the company> with necessary expertise GO-OPted where appropriate, No one outside the charity can appoint trustees. Rlsk management The trustees have a duty to identfy and review the risks to which the charity is exposed and to ensLwe appropriate controls are in place to prnvide reasonable assurance against fraud and ernyr. All trustees are DBS checked. A 8ubcomAnittee OF trustees meet on a bi-mollthly basis to support the CEO and mollitor progress with all actions that are derived from the HCL Business plan. All areas of the bu8ities5 are reviewed during these meetings, risks are identified and asse8sed and appropriate action agreed. OBJECTIVES AND ACTIVITIES The airn of the charity is to provide a facility "For the Common Good where people of all ages within the community can benefit from a wide range of services. The charity's values are to.. Improve the quality of life of local pcopl¢ who are disadvantaged, olTering supportive links based on healtty wellbeing, education, social activity and work experience. Link with statutorybodies, voluntary, community and faith groups, individuals and thebusiness community to sustain a commiinity centre for Ha81ingden. Help individuals to identify and adopt constrnctive ways of coping with disadvantage ill health and poverty. Encoiuage local people to use our services Ed facdities by providing a wel¢on]ing environment for all metnbers of the comtnunity. Aim for a 8elf-fll]ancing Communily Centre bas¢d on tbe principles of self-help. The Community seICe8 section of tbe charity provide8 facilities where members of the CDmn]uni¢y can participate in social and recreational events, attend education classes, access health advice and support networks, hold meetings or seminars and have a healthy lullch. The Childcare Services section is c0mitted to providing high quality care which is accessible and affordable to all parents, offering fun and exciting play" care and education" to enable chil(tren from O to 5 years to r8aGh their full potential. The Catering Services 8ection provides healthy, home-coolied meals to the Nursery, a Community Cafe and a catering service for activities within the Community Centre, Public benefit The trustees kve confident that the charity offers SeICeS of real and practical use to the local population £d therefore complies with the responsibility placed on all charities uttder the Charities Act 2011, to demonstrate a public benefit. Page 3
HASLINGDEN COMMUNITY LINK (A COMPANY LllWTlI D BY GUAIL4NTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 ACHIEVEMEIYTS AND PERFORMANCE Haslingden Community Link (HCL) has a history of providing local services forthe local community. In our increasingly diverse society, WE provide a hub for the con]munity, delivering services according to the needs of the community. We listen to what user8 of our seice8 say they need and ty to provide accordingly. Community Services We started the finan¢ial year 24125 on the back of another good year financially. Our community centre continues to be busy with 8dditional new activities that are increasing footfall across the site alld in the café. All of our aJor partners have Continued with US> providin£ a wide range of community support services such as adult education, demelltia support groups, refugee and asylum sreker itrop in sessions. Yoga 8nd Pilates groups have started part way through the year and have a strong a¢tendance. A free to attend exercise group has also started and now has a waiting list for spaces. This group is forused on targeting those individuals that have barriers to exercise, 8UPPOrting them to increase their particfipation and improve their health. HCL continue to operate community services that camplement the Government strategy for local support. Food banks and food support, Children and Family services, baby and parent bonding, ESOL, community consultationg and use as a polling station. Our Easy Sequence dancing group ¢olltinues on Wednesday afternoons and witb rising numbers, and a gentle exercise clas8 has also attracted strong numbers, The Veterans Breakfast Club continues the 2nd sardaY of the month. HCL continues to be a preferred supplier for the local 'Holiday Activity with Food, government initiative, providing hot and ¢old meals for events in the three ll] 5Ghool holidays. The catering team take tbe lead on the project, and it brings in significant incomej partAwlarly in a period that L8 traditionally quiet. Ln 2023, HCL where approached by the local Primary Care Network to take on the delivery and management of the Rossendale Social Prescribing teams, a service that sit8 perfectly with our ethos of being a Health & Wellbeing centre, We manage a team of 3 who provide non-clinical 8UPPOrt to GP patients, helping with loneliness and social isolÉltion, housing and benefits advice and access to activiti¢s that support health and wellb¢ing. This is a rolling contract and HCL tEeS a IOO/ty management fee on top of 6alary and expenses invoioins. Our small group of volLint¢¢rs continue with planting and growing in our community garden. The garden looks magnificent now and is a wonderful place for contemplation and relaxation for our community. The lottery funds supporting a Men's Shed COOTdmator role that we had bid for ill early 2022 continued into its third year with increasing suGcess. We submitted and where approved for grant fLmding for another 5 years from August 2025. The project Gontinues to provide support and services for n]en who are strnggling with their mental healdL loneline88, social 1801ation. The project is in partnership with Veterans in Communities. Page 4
HASLINGDEN COMMUNITY LINK (A COMPIINY LIMITED BY GUARANTEI E) REPORT OF THE TRUSTEES FOR THlli YEAR ENDED 31ST MARCH 2025 ACHIEVEMENTS AND PERFORMANCE (CONTINUED) Caterillg Services The catering services had a challenging year in 202412025 and whilst 1¢ exceeded previou8 years income, th¢ GP margin was bebind target and increases in food Gosts, uttlitie8 and National living wage rates have all bad a negativ¢ itnpact on the budget targets, particularly salary overheads. Our customer base still remains strong and loyal as we always endeavour to meet their needs, Again, we had a small price increase across the menu a8 another National living wage increase ¢atn¢ into effect from the I, April, however upon refleotion menu prLce8 Should have been higher . We contmue lo provide our nursery with a healthy, low fat, low Salt and low sugar menu. Our food 18 healthy and home cooked, attd our food offer is central to all our SeiCe provisiollg providing a service to our local conuiunity &lld beyon(L We continued to access food duough the Fareshare scheme from our IoGal Tesco and Asda supennarkets and food given to charitable causes through this schem8 would otherwise be wasted. HCL uses the food provided in the cornmutiity lunches and any spare is given free to the local community, These food donatiotts re1n a regular source of support as our cotTllnunity are still struggling fanCiallY. The establislunent of a food support service in the previous year continued throughout 202412025 and numbers increased because of inllation and tILe Cost of living Crisis. RBC provided funding to help us SUPPOrt families in food crisis. In early 2024, HCL launched the Halo project, a collcGtive of VCFS organi8ations providing a variety of food support frorn sirnple Food boxes on street corners to individuali8ed shopping for extended periods of support. HCL was again involved with the 'Holiday Activity with Food, (EiAF) govenllnent initiative aimed at providing child on free school meals the oppornnity to attend a full day of activity and be provided with a healthy hot or cold meal. The HAF ran for 8 days at Easter, 4 days per week for 4 weeks throughout August and 2 days over Christmas. HCL hosted some activities on site, providing hot food for the children attending, we a180 provided pa¢k¢d lunches for several other venue5 across Rossendale. In total we provided over 2500 meals. We have Gontinued with the themes dininE evcnts on a quarterly ba8is throughout the remainder of the year. Bookings for Christmas lunches throughout DeGember Saw another record year and tllad¢ for an excellent trading nontb. The continued inGrea8e in food supplies caused by the economic climate has again impacted and we had to increase our prices from the 1st April 2024. However, our prices remain competitive and our catering service8 principle8 of providing access to reasonably prioed home-coolced meals 6 days per week and provide diversional and social activities alongside lo en¢owa£e social interaction and reduce loneliness and isolation remain unclwnged, Page 5
HASLINGDEN COMMUNITY LINK (A COMPANY LLIIITED BY GUAIL4NTEE) REPORT OF THE TRUSTEES FOR THE INDED 31ST MARCH 2025 ACHIEVEMENTS AND PERFORMANCE (CONTINUED) Childcare Serviees The ¢08t of living Crisis still continued into 202412025 and we hav¢ started to see a slight impa¢t on the nursery through parents trimming their wrap around hours to reduce their bills, however LCC funding increase again helped support HCL, In 202412025. we introduced a new invoicing model that ensured LCC fLmdin£ wa8 maximized for HCL, Nvhilst 8on]e parents paid slightly ore, others felt llo impacL A£ain, the increase in operating cost Gaused by the increase in the National Living Wage did impact but less than in previou8 years. Contxnued increase ill ¢hild¢are funding from LCC that came into place from September 2023 is having made a positive impact on the childcare budget and allowed us to make a reasonable profit. Staff ab8ence has reduc from previous years. Numbers of children within the nursery remam consistent and we receive fantastic feedback from parents regardmg the care we provide and our nursery environment. August 2024 saw our long awaited Ofsted inspection and we successfully gained a grade of 'GOOD' which we are very happy with. Feedbaclc and comjnents in the r¢por¢ r¢cognised a very strong leadership and management input and saw this a8 integral to our positive grade. The new nursery that opened up clos¢ to HCL Ims had no impact and in fact we continue to See an in¢rea8e in request for ¢hildcare place8 based oll previous years. The Nursery manageJn¢nt team continue ¢0 ensure that ratlO8 of staff to Children and total numbers of children in different areas are n]aintain¢d within regulatory complian. 202412025 8aw very little use of agency staff and HCL staff ab8enteei8m has r¢duc¢d significantly as the Management team have become more skilled at managing the situation. We have not had to send ally children home because we couldn't nIntaill ratios. We continue to ensure that individual children receive sufficient attention and Gan work through the EYFS cufficuluM at their Owll pace. We continue to receive requests for childcarr places. Our Nursery manager and her teaLL have led the staff in deltvering an interesting and varied Curriculum, compliant with the Early Years Foundation Stsge (EYFS) requirements. New ideas have been introduced to enhance the children's experience of Nursery and to allow them to express their ittdividuality. Children's progress is monitored through the EYFS Tracker, which enables early identification of Y challenges faced by individual children, and allows relevant action to be take giving children the best chance to reach their potential. Our Of8ted inspection iti August 2024 again rated ow provision as good, with only a few recon]rnended improvements. The Nursery team are now working towards further improving this rating to Outstanding at the next inspection. Nursery staff continue to work c108ely with feeder schools and our pre-school children ar¢ Consistently prepared well for transferring to scbool. The EYFS Tracker also ¢nable8 robust information for rweiving h0O18 on progress and attainment of the EYFS goals. April 2024 8aw us continue with the quality improvement plan (QIP) we started in 2022. Continued audits and focus on driving through the actioned identified in the QIP. The plall allows us to conttnually id¢ntify strengtbs and weaknesses across the nursery and develop an embedded approach to Golltilluous qudity improvetnent. Thi&+ approach brought in a more fomial structure that started with tbe Greation of a new governance board made up of Trtee9 with eAperience in chil(kare health and education, with the responsibility of managing the CEO and nursery management team to en8ure continiious quality improvement actions were being implemented. We Contini to gather feedback from parents and us¢d the recornmendation8 to develop our QIP. Our Nw8ery ¢ontinue8 to enable children with Special Educational Needs and Disabilitie8 (SEIAD) to aoce88 our setting and our SEND Coordinator has continued to develop effective working partnerships Wlth 8peGiali8t profes8iOllal staff, parents and 8Ghools to ensure tailored support. Regular meetings are held with professionals and farnilies to gnsure that each individual child receives timely and appropriate Support and that all professionals understand the chiELt's needs. This year, we have SLLPPOrted several children with additional needs and have Seen some of the PTogress to oither local mainstream schools or to our lo¢al sp¢¢iali8t school. The m¥ijority of our Nursery staff are qualified ChildGare Practitioners, with a Thumber having achieved degree level qualifications. We continue to support Staff to undertake professional developent, which benefits both the Nursery and the individual through the gaining of additional knowledge and skills which they can apply to their practice. Page 6
HASLILYGDEN COLIqMUNrfY LINK (A COIVLPAIYY LtNIrTED BY GUA]L4NTLI E) REPORT OF THEI TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 FANCIAL REvw The athed statement of fttwicial activities ghows bow our funds were raised and applied during the year. This statement separatss funds, wbich the charity itself controls - unrcstricted funds, frorll flmds which have to be spellt iti a manner deternined by the donor- restricted funds. During the year ended 3 1# March 2025, grants received totalled £159,214 whioh represents m increa8e of £21,150 froln the previous year mainly due to tbe Primary Care Network. Income from trading activitie8 increased by over 12.650/0 which 18 mainly due to the increases in Nur8ery income. The rnajority of costs were comparable with the prior year, with the exception of the wa£e8 which increased significantly due to the increases in the National Living Wage. Looliing to tbe future we continue to n]aintain a tight control over costs, monitor inconle ¢108¢ly) and strive to identify future funding Strea&. We aim to ensure that we are well placed to rwt to any further negative or indeed positive impact of the economy, Investment policy Tbe Trustees regularly monitor the available cash reserves of tbe charity and seek to nKill]iSe the interest earned on such fimds via the use of interest bearing bank deposit aocounts and short tem] bonds. Reserves polley It is the policy ofthe charity to maintain unrestricted filnds, which are free reserves of the fjharity, at a level which equates to approxitnately six onthS unrestricted expenditLwe. This provides Suificient funds to Cover nanagemellt, administration and support costs and to enable ongoing development of the charity. Unrestiicted fimd8 were maintained at this level throughout the year, however it should be noted that part of the unrestricted fLmds are held in the fixed assets of the Chatity. The trustees have reviewed the clMTitys need8 for reserves in line with the guidauce issiied by the Charity Ci)mn]issioll. Having taken into account expenditure on specific projects, the Council plans to ensure that adequate reserves are tnailltain¢d in order to ensure the charity can Lull efficiently and meet its objectives. Risk assessment The Trustees have identified the major risl(s to which the charity is exposed and procedure8 to manage those risks have been put iti place. Page 7
HASLINGDLI N COMMUNITY LINK (A COMPANY LIMITED BY GUAIL4NTEE) REPORT OF THE TRUSTEES FOR THE YEAR ELNDED 31ST MARCH 2025 rfUTtJRE DEVELOPIVIENTS Our vision of eatIng a Community Wellbeing Hub, providing high quality services for the whole family remains the core of our new business plan for 2024-2027. The CEO works Closely with the Executive board and Senior Management team to Identify new opportunities that fit with our ambAtions and the needs of our cotDmunity. We increased our support of the comtrLullity through expanding our food offer, Ewsting free legal advice sessions provided by a local solicitor and being a 'warm and welcome, venue for people strugglitig witb fuel poverty. We remain aware of Ihe need to increase our sustainability through generating additional iticome and will contillue to use the investment by our funders to pursue this aiti]. We will continue with the social interaction theme for the socially isolated and lonely and also with the fund-raising theme. The itttroduetion of the Social Prescribillg team has increased revenue and supports operaÉing costs as well as raising our profile irnproving our reputatiott. Our garden has now developed into a welcoming, productive, and relaxittg space wher¢ the community 18 growing produce, and our children can learn about nature. We will work with partners in tbo Voluntary, Con]munity and Faith sector (VCFS) to enhance access to services which &r¢ new to our local community, and which enhance our town. A new core ain] is to increase senrices for children and young people which allows HCL to provide a cotnprehensive Health and Wellbeing servic¢ off¢r for oiw ¢on]munity. We will ¢ontinue to speoialise in educating and caritig for children, responding to ¢l]alleng¢s faced by local people and providing alld developing services for older people, which belp thetn to live well and independently for longer. We will develop Services which encourage those who are lonely isolated to engage and provide specialist services for Carers, for those living with Dementia, support Men with their tnental health alld wellbeing, and ¢ontinu¢ supporting the integration of Reftigees and Asylum Seekers into our community. We will continue to work with the East Lancashire NHS services and Local Autboritieg to Colltinue to develop HCL as a social prescribing venue and linlc with other VCFS organisations to provide a network of 80¢ial prescribing vellues acr088 Rossendale. We will continue to develop our premises to provide an age friendly environment which will enable pe4)ple of all ages and a range of individual challenges to access activities which enhance their wellbe1t, including the development of services which allow different generations to socialise together. We will continue work iti parÉttership with Rossendale Connected group to strengthen con]munity group working and provide a one stop shop for community- based support service8. Our Nursery provision will continue to provide care for children frotn 6 months of age and our development will focus on improving the quality of our service further to enable us to achieve an outstanding rating at our next inspection. We will work lowards extending our child¢are seryices further to enhance our comtnunity &ctivilies and develop intergenerational working. We will encourage increased volunteering and further work placements to enable people to gain additional skills and purpose. We wJl provide appropriate support for volunteers to ensure they gain from their placements. This will redu¢¢ our costs and Provide meallingful occupation for those who worlc with us. We will, over time and subjeot to achieving adequats funding, develop our site to provide additional facilities to grow our 8ervi¢e8 and increase our income. We a seeking funding to help develop our pretnises 80 that we can inGrease our service provision in appropriate environtnents, Fundraisxng will be a key part of our development strategy and we will engage with local busine8s¢s and other groups within the VCFS to enable progression of 8ervi¢¢ which benefits us all. Our development strategy and the investjnent from our Funding partners will help to ensure tbat we remain re8iLient alld b¢¢ome increasingly self-su8tsining) whi18t still providing r¢spon8ive servi¢e8 within and for our local community. Page 8
HASLINGDL( N COMNfUNITY LINK (A COMPANY LIMITED BY GUARANTEEI) REPORT OF THE TRUSTEI ES FOR THE YII AR ENDED 31ST MARCH 2025 ACKP40WLEDGLI MEI IYTS Haslingden Community Link is 'atefuL for the SUPPOTt received from.. The Roman Catholic Diocese of Salford St Mary's RC Parish The comtnunity of Haslingden and the wider community in Rossendale Lan¢ashire Coviity Council Professional Agencies and Voluntsry Community and Faith Sector partners- too numerous to mention. The National Lottery Conllnunity Fund Rosselldale Borough Cothicil STATEMENT or TRUSTEES RESPONSIBILITIES The trustees are responsible forpreparing the f1claI statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Company law requires the tru8tees to prepare financial ststen]ents for eaoli fniancial year. Under that law the trnstees have elected to prepare the financial statements in accordance with the United Kingdom Generally Accepted Accounting Pt2ctice {United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the charitable company ld of the sutplus or deficit of tbe charitable company for that period. In preparing those financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently; observe the methods principles in the Charities SORP and FRS 102. make judgetnents and estxmates that are reasonable th prudent; state whether applicable UIC accounting st&idards Iiave been followed, subject to any material departures disclo$¢d and explained in the financial statements. prepare the financial staternents on the going concern basis unless it is inappropriate to presunie that the Charitable coinpahy will cotstinue in busitiess. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with tbe Companies Act 2006. They are also responsible for safegyuarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud 2nd other irregularities. SIVIALL COMPAIYY PROVISIOIYS This ryorÉ has been prepared in accordance with the specia] provi8ioi]s for small cornpanies under Part 15 of the Companies Act 2006. OIY BEHALF OF THE BOAIID.. Mt3 A Coates Date.. Page 9
INDEPENDENT EX4MINERS REPORT TO THE MEMBERS OF HASLINGDEN COMMULYITY LINK (A COMPANY LIMITED BY GUAIL4NTEE) I report to the Charity In18tees on my examillation of d]e accounts of the Company for the year ended 3 IBt March 2025. Responsibilities and basis of report As the charity's trustees of the Company (and al80 its directors for tbe purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('tbe 2006 Act,). Having satlsfied myself that tb¢ accounts of thc Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent exanination, I rcport in Tespe¢t of my exainatIOn of your charity's accoullts as carried out under section 145 of th¢ Chariti¢8 Act 2011 {'the 2011 Act,). In canying out my emmitiation I have followed the Dire¢tions given by the Charity Commission under section 145(5) (b) of the 20 I l Act. Independent examiner's statejnent Since the Company's gross inGon]e exceeded £250,000 your examiner must be a member of a body listed in Section 145 of the 2011 Act. I conhrni that I am qiialifLed to undertalce the exarnination because I am a member of the Instite of ChaTtered AGGountallts in England and Wales, which is one of the li8ted bodies. I have completed my examination. I confirm thatno n]atters have come to my attention in connection wtth the examination giving me cause to believe: accounting Te¢ord8 were not kept in respect of the Company as required by Section 386 of the 2006 Aol or the accounts do not accord with tbose record8. or the accounts do llot comply with the accounting requirements of se¢tion 396 of the 2006 Act other than any requirement that the accounts give a 'trne and fair view which is not a matter considered &s part ofan independent exatnination. or the aGGounts have not been prepared in accordance with tbe metbods and principles of the Statement of Recommended PraGticc for acGounting and reporting by charities [applicable to charitiespreparing their accounts in accordance with the FinanGial Reporting Standard applicable in the UIC and Republic of Ireland (FRS 102)]. I have no GonGcrns and have come acros8 no other Inatters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of tbc accounts to b¢ reached. Mark Sunter FCA Ainsworths Limited Charter House Stansfield Street Nelson Lancashire BB9 9XY Dated.. 18tb November 2025 Page 10
HASLINGDEN COMMtrNITY LINK (A COMPANY LIMITED BY GUARANTEI E) STATEMENT OF FINANCIAL ACTIVITIES (INCORPOIL4TING THE INCOME AND EXPENDfIuRE ACCOUNT) FOR THE YEAR ENDED 31ST MARCH 2025 31.3.25 Total funds 31.3.24 Total Funds Ullrestrlcted funds Restricted funds Notes INCOMING RESOURCES Donation8 and lega¢i¢8 Charitable aGtivitie8 Other trading activities InVestell¢ inGorne 6,728 3,164 715,411 2,031 6,728 159,214 715,411 2,031 3,459 138,064 635,090 2,044 156,050 Total illcomlng resources 727J34 156,050 883,384 778,657 RESOURCES EXPENDED chitable actkvitie8 778,654 147,137 925,791 782,145 Total resources expended 778,654 147,137 925,791 782,145 NET SURPLUSI(DEFICID {51?20) 8,913 (42,407) (3,488) Transfers NII T MOVLMENT IN FUM)S 16 (51,320) 8,913 (42,407) (3,488) RECOINCILIATION OF FUNDS Total fundg brought forward 473,871 41,811 515,682 519,170 TOTAL FULNDS CARRIED FORWARD 422,551 50,724 473,275 515,682 There are no otber recogni8ed gains or108ses for the year other thELn in the Statement of Financial Activities. All income and expenditure derives from continuing activities, The notes fonn part of these financial statements Page 11
HASLINGDEN COTrJMUNITY LINK (A COMPANY LnvIrrED BY GUARANTEK) BALANCLI SHEET AT 31ST IVIARCH 2025 31.3.25 31.3.24 Notes FIXED ASSETS Tangible assets li 370,737 388,725 CURRENT ASSETS Sto¢l<s Debtors Cash at bank 5,487 26,905 154,950 2,930 23,221 176,966 12 187,402 203,117 CREDITORS Amounts falling due within one year 13 (59,849) (45,638) NET CURRENT ASSETS 127,553 157,479 TOTAL ASSETS LESS CURRENT LIABILITIES 498,290 546,204 CREDITORS Anlounls fallinE due after more than one year 14 25,015 30,522 NET ASSLI TS 473,275 515,682 FUNDS Unrestricted thds Re8tricted fLU]d8 16 422,551 50,724 473,871 41,811 TOTAL FUNDS 473,275 515,682 Tbe dir¢¢tOTS tire satisfied that tbe company 18 entitled to ¢xeJiption frorrt the provisions of the Companies Act 2006 (the Act) relating to the audit of tbe financial statemellts for the year by virtue of se¢tion 477, and that no member or Anembers have requested an audit pursu&llt to section 476 of the Act. The directors acknowledge their responsibility for Gornplying witb tELe requirements of the Act with respect to accounting records attd for the preparation of account8. The trustees have prepared the accounts in a¢cordan¢e with 8¢¢tion 398 of the Companie8 Act 2006 and section 138 of the Charities Act 2011. These finanGial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to sn]all charitable Gompanies and with the Financial Reporting Standard 102 (effective 1st January 2015). The fmancial statements were approved by the Board of TNstees on 18th November 2025 and were signed on its behalf by., Mr l B Payton Trust¢¢ Mrs A Coates Trust¢¢ The notes forni part of these finanGial Statements Page 12
HASLINGDEN COMMUNITY LINK (A COMPANY LIMITED BY GUARAI¥4TEE) CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2025 31.3.25 31.3,24 Notes Cash flowy from charit&ble activities Cash generated from activities Net oa8h from charitable activities (17 808 (17,808) 8,130 Cash floJv$ from illvesting aetivities Purchase of taugible fixed assets Jllterest received (732) Net cash from investing activities 1,299 2,044 Cash flows from financing activities Capital repayments in year Net cash from fmancing activitie3 5,241) (5,241) (5,507) Increasel{decrease) in cash and cash equivalents (22,016) 4,933 Cash and cash equivalents at beginning of year 176,966 172,033 Cash And cash equivalents At end of year 154,950 176,966 The notes Fonn part of tbese finallcial statements Page 13
HASLINGDIN COMMUNITY LINK (A COMPANY LIMITED BY GUARANTEE) CASH FLOW STAITMENT FOR THE YEAR ENDED 31ST MARCH 2025 RECONCILIATION OF DEFICIT TO CASH GENERATED FROM ACTIVITIES 31.3.25 31.3.24 Deficit for the year Depreciation charge8 Finance income (42,407) 18,720 (2,031) (3,488) 18,789 (2,044) (25,718) 13.257 (Increase)Idecrease in stocks (Increase)Idecrease in trade and other debtors Increasel(decrea8e) in trade and other creditors (2,557) (3,744) 14,211 1,354 (7.541) 1,060 Cash generated from charltable Jctlvitles (17,808) 8,130 CASH AND CASH EQUIVALII NTS The amounts disclosed on the Cash Flow StatertLent in respect of cash and cash equivalents are in respect of these Balance Sheet amounts.. YeAr ended 31. March 2025 31.3.25 1.4.24 c2h and cash equivalents 154,950 176,966 Year ended 3 l$t March 2023 31.3.24 1.4.23 Ca8h and cash equivalents 176,966 172,033 The notes forni part of these financial statements Page 14
HASLINGDEN COMMUNITY LIIYK (A COMPANY LIMITED BY GUARAI¥TEE} NOTES TO THE FINANCIAL STATEI MENTS FOR YEARENDED 31ST MARCH 2025 STATUTORY INFORIIIATION Haslingden ComnLunity Link is a charitable company, limited by guarantee, registered in England and Wales. The charity's registered tturnber and registered office address can be found on the Cornpany Inforniation page. Each n]ember's per80nal liabitsty is limited to an amourtt not exceeding £1. ACCOUIYTING POLICIES Accounting convention The fllwicial statements have been prepared under the historical cost conversion, in accordance with Accounting and Reporting by Charities Statement of Recommended Practice applicable to charities Preparing their accounts ill accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in Ébe UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The Trustees have taken advantage of ttle provisions of section 474(1) of the Companies Act 2006 and have prepared an income al expenditure account instead of a pr()fit and loss account. Incoming resourees All incoming resources are included on the Statement of Fitiancial Activities when the charity is legally entitled to the income and the atnount can be quantified with reasonable accuracy. Grants receivable are ac¢ounted for when due. Income is defetTed when it is received in advance of the period to whtch it relates. Investment income ig recognised on a receivable basis. Resourees expended Expenditure 18 accounted for on an aCcnlS b&8is and has been classified undcr headings that aEgregat¢ all cost related lo the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with tbe use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Children's Centre Improvements to property Equipment Motor vehicles -21/Tr o on cost -Straight line over 15 years -250/0 on cogt -250/0 on cost Taxatlon The clwity is exempt fron] corporation tax oll its eharitable activities. Fund accountlng Unrestricted funds catt be used in a¢cordall¢e witb the ¢haritabl¢ objectives at the discretion of the trnstees. Re8triGted lld5 can only be used for particiilar restricted purposes within the objects ot the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explarAation of th¢ native and purpose of each fund is included in the notes lo the financial statements. The notes form part of th¢8e fmancial Statements Page 15
HASLINGDEI N COMMUNITY LINK (A COMPANY LILIIITED BY GUARANTEE) NOTES TO THE FILYANCIAL STATEMENTS FOR THE YEAR ENDED 31ST IWLIRCH 2025 ACCOUNTING POLICIES (CONTINUED) Pension ¢o8ts and other post-retirement benefits Tbe charitable company operates a d¢fIned contribution pension scheme. Contributions payable to the charitable mpany's pension Scheme are charged to the Statement of Financial Activitte5 in the penod to which they Telate, Debtors Short terni debtors are eaSUred at transaction price, le88 any irnpairment. Creditors Short t¢rni creditors are measured at transaction price. Significant judgements llnd estimates Preparation of tbe fmancial 8tatements require8 mana£ement to nlalie significant judgements and estimates. The major item in the financial statements where these judgemgnts and estimates must be made 15 in relation to the pension scheme. Mallagement ¢onsult with experts to pmvide f4ppropriate assumptions on which to calculate projected Lding position for the scheme. DONATIONS In 2024, of the total donations, £nil was restricted and £3,459 was unrestricted fijnds. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES 31J.25 31,3,24 Grant income Primary Care Networlc Men's Shed Ro88¢ndale Borough Council: Food Support Rossendale Borough Couo¢il e-Qualitas Employer Incentive LEF.. Boiler Lancashire C()unty Coullcil Community OrgallAsation Grant Bumley? Pendle & Rossendale CVS: Wann and Welcome R088endale Borough Council. Halo Pantry Kangaroo Family Nurturing DBC HFIE & Carbon Grant Rossendale Borough Council: Refugee Grant East Lallcashire Chamber of Commerce Ros8endale Borough Council: Family Fiu] Day Rotary Club: Food Bank Rossendale Borough Council: Coronation Grant 98,947 34,576 12,000 7,240 3,500 2,581 370 33,503 5,000 39,094 31,922 10,000 5,250 3,819 3,500 3,211 1,965 550 250 159,214 138,064 In 2024, of the total grant income, £88,925 was restricted alld £49,139 was unrestricted funds. The notes forn part of these Fncial statements Page 16
HASLINGDEN COMIIIUNITY LJIYK (A COMPANY LILVllTED BY GUARANTLI E) NOTES TO THE FINANCEAL STATMENTs FOR THE YEAR ENDED 31ST MARCH 2025 OTHER TRADING ACTtvrrILI S 31J.25 31.3.24 Community C¢ntre income Nursery fees Catering income Mitchell building Sundry income 23,611 499,653 150,470 29,530 12,147 24,426 422,115 144,096 29,530 14,923 715011 635,090 In 2024, of the other trading activities, £nil was restricted and £635,090 was unrestricted fid8. DIRECT COSTS OF CIIARITABLE ACTlVftIES 31.3.25 31.3.24 Staff cost5 Premises costs Insurance Nursery and re80urce8 costs Catering costg Project costs Postage, stationery & phone Advertrising Sundries Repairs and equipment hire Computer ¢08ts Training ¢osÉ8 Professional fees Bank charge8 Loan interest Depreciation Bad debt8 Support costs (note 7) 611,939 71,952 7,825 399 90,715 2POI 5,826 726 18,970 23,092 5J40 2,096 2,669 2,710 836 18,720 508 58,567 484,218 58,822 5,287 666 94,281 33,591 5,078 1,375 16,143 11,185 4,284 769 1,989 2,641 968 18,789 (2,443) 44,502 925,791 782,145 In 2024, of the total Costs of charitable activities, £98,712 was r¢8tricted and £683,433 wassss iinrestricted fids. SUPPORT COSTS Support Costs Total 31.3.25 Total 31.3.24 Covernance Staff costs AGcount&ncy 54,204 54,204 4,363 39,054 5,448 4,363 54,204 4,363 58,567 44,502 Page 17
HASLINGDEN COMMUNITY LINK (A COMPANY LIMJTID BY GUARANTEE) NOTES TO TUE FINAIYCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 NET OUTGOING RESOURCES Net resources are stated after ¢lwging/(or¢diting)'. 31.3.25 31.3.24 Depreciation Independettt examitier's fee 18,720 3,100 18,789 2,950 TRUSTEES, RETrtUNEIUTION AND BENEFITS Trustee5' Remuneration There were no trustees, reLnuneration or other benefits for the y¢aT ended 31st March 2025 llor for the year ended 31" March 2024. Trll5teesl Ei xpense8 Ther¢ w¢r¢ no lnle¢s, expenses paid for the year ended 3 1st MaTch 2025 nor for the year ended 31" Mar¢h 2024, io. STAFF COSTS 31.3.25 31.3.24 Wages and salarie5 Social security costs Other pension Gost8 606,910 38,348 20,885 482,487 24,256 16,529 666,143 523,272 The average monthly nun]ber of employees during the year was as follows: 31.3.25 31.3.24 Employees 37 37 No employees were paid over £60,000 during the year, nor for the year ended 3 1st March 2024. During the year, key management persontLel etnployee benefit8 excluding pension contribution8 amounted to £134,742 (2024: £119,819). Page 18
HASLINGDEN COIVllllUNITY LINIC (A COMPANY LIMrfED BY GUARANTEE) NOTES TO THE FINANCIAL STATLI MENTS FOR THE YEAR ENDED 31ST MARCH 2025 ii. TANGIBLE FIXED ASSETS Children'g Centre Improvements to property Equipment Totals COST At Isi April 2024 Additions Disposals 518,837 714,044 238,091 732 1,471,572 732 At 3 1st March 2025 518,837 714,644 238,823 1,472JIM DEPRECIATION At 1st April 2024 Charge for yeaT Disposals 182,962 10,377 061,794 8,100 238,091 183 1,082,847 18,720 At 3 1st MaT¢h 2025 193,339 669,954 238,274 1,101,567 NET BOOK VALUE At 318t March 2025 325,498 44,690 549 370,737 At 318t March 2024 335,875 52,850 388,725 The depreciation cl]arge for the year totalled £18,720 (2024.. £18,789). The ajnounts of £2,400 (2024.. £2,400) and £16,320 (2024: £16,389) have been allocated to restricted and unrestricted ftmds respectiv¢ly. 12. DEBTORS: AMOUIYTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade debtors Prepayment8 23,766 3,199 19,135 4,086 26,965 23,221 Debtors include £nil (2024: £nil) in respect of grants receivable at the year end. All amounts 8howll under debtors fall due for payment within one year. 13. CREDfTORS: AMOUNTS FALLtNG DUE WITHIN ONE YEI AR 31.3.25 31,3.24 Bank loans Trade creditors Taxation and social security Accruals and deferred income Oiher creditors 5,509 29,488 13,572 7,799 3,481 5,374 18,106 10,624 8,705 2,829 59,849 45,638 Page 19
HASLINGDIN COMMUNITY LINK (A COIKPANY LIMITED BY GUARANTEE) NOTES TO FINANCIAL STATEMEI NTS FOR THE YEAR EI¥4DED 31ST MARCH 2025 14. CREDITORS: AMOUNTS FALLLYG DUE AFTER MORE THAN OL¥E YEAR 31.3.25 31.3.24 Bank loans 25,015 30,522 25,015 30,522 Amounts falling due in more than five years., Repayable by instalments Bartk loans I,S46 7,634 15. ANALYSIS OF NLT ASSETS BLI TWEI EN EUIYDS Ullrestricted funds Restricted fullds 31.3.25 Total funds 31.3,24 Total fijnds Fixed 8888t8 Net curent assets Long tern] liabilities 349,137 98,429 (25,015) 21,600 29,124 370,737 127,553 (25,015) 388,725 157,479 (30,522) 422,551 50,724 473,275 515,682 16. MOVEMENT IN FUM)S Net ovement in fiinds At 1.4.24 At 31.3.25 Unrestricted funds Gelle fid Mitchell Building 109,146 364,725 (35,000) (16,320) 74,146 348,4(15 Total unrestrleted funds 473,871 (51,320) 422,551 Restricted funds Kangaroo Family Nurturing Men's Shed Power to change REAL Refugee Support Food Bank Rossendale Borough Council Primary Care Network Other 987 4,025 24,000 652 3,101 9,046 (987) 7,155 (2,400) 11,180 21,600 652 803 11,704 4,78S (2,298) 2,658 4,785 Total restricted funds 41,811 8,913 50,724 TOTAL EUNDS 515,682 (42,407) 473,275 Page 20
HASLINGDEN COMMUNrrY LINI< (A COMPALYY LIM1 D BY GUAIL4L¥TEE) NOTES TO T4 FINANCIAL STATEMENTS FOR THEYRM)ED 31STMARCH2025 16. MOVEMELYT lly FUNDS (CONTILYUED) Lncomjng resources Resources expended Movement Ill funds Transfers Unrestricted funds General fund itchell Buildillg 727,334 762 J34 16J20 (35,000) (16,320) Total unrtstricted funds 727J34 778,654 (51,320) Restricted funds I(angaroo Family Nurturing Men's Shed Power to change REAL Refiigee Support Food Bank Rossendale Borough Louneil Primary Care Network Other 987 27,421 2,400 {987) 7,155 (2,400) 34,576 2,298 9,342 2,455 98,947 3,287 (2,298) 2,658 4,785 12,000 7,240 98,947 3,287 Total re5tri¢ted funds 156,050 147,137 8,913 TOTAL EUNDS 883 J84 925,791 (42,407) 17. OPERATILNG LEASE COMMITMENTS 31.3.25 31.3.24 Expiry date: Within one year BeLween one and five years 934 934 Page21
HASLINGDEN COTrIMUNITY LINK (A COMPANY LIMITED BY GUARAFITEE) DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR TEIE Y.EAR ENDED 31ST MARCH 2025 31.3.25 31.3.24 INCOMING RESOURCES Donations and legacles Incoming resollrces from charltable activities Project related grtS 159 214 159,214 138,064 Other trading activities Community Centre income Nursery fees Catering Mitchell building Sundry incom¢ 23,611 499,653 150,470 29,530 24,426 422,115 144,096 29,530 715,411 635,090 Investment Income Total incoming resources 883J84 778,657 RESOURCES EXPEI NDED Charitable actlvltles Staff costs Pr¢mi8es costs Insurance Nursery and resources Gosts Catering costs Project costs Postage, stationery & phone Advertising Sundries Repairs and equipn]ent hire Cothputer costs Training cogts Professional feeg Bank oharges Loan interest Depreciation Bad debts Support costs Total resources expejided 611,939 71,952 7,S25 399 90,715 2,901 5,826 726 18,970 23,092 5,340 2,096 2,669 2,710 836 18,720 508 58,507 925,791 484,218 58,822 5,287 666 94,281 33,591 5,078 1,375 16,143 11,185 4,284 769 1,989 2,641 968 18,789 (2,443) 44,502 782,145 Net deflclt (42,407) (3,488) Thi8 page does not forni part of the stattitory ftswicial statements Page 22