Registered number: 02895804
Charity number: 1075963
PAPERWORKS (HARROGATE) LIMITED
(A company limited by guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Armstrongwatson.
Accountants, Business & Financial Advisers

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
CONTENTS
Page
Reference and administrative details of the Company, its Trustees and advisers
Trustees, report
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
7-18

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
Martin Baum
Sandra Overfield
Zahid Tarvaz {resigned 29 May 2025)
Lyndon Cowling
Hannah Varley-Fodden (appointed 27 June 2024)
Company registered
number
02895804
Charity registered
number
1075963
Registered office
Unit 5 Limewood Approach
Leeds
West Yorkshire
LS14 1NG
Company secretary
Sandra Overfield
Chief executive officer
Jo Forsey
Accountants
Armstrong Watson LLP
Chartered Accountants
York House
Northallerton
North Yorkshire
DL6 2XQ
Bankers
Lloyds Bank PLC
8-11 Cambridge Crescent
Harrogate
North Yorkshire
HG1 1PQ
Page 1

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Review of 2024-2025
Papeworks continues to provide an excellent service to adults Y￿th physical and learning disabilities, autism and
mental health issues, as witnessed by feedback from our funders, trainees and their families.
Trainees
The demand for our services is higher than ever, wth referrals from a variety of sources including colleges, adult
social care, GP'S, families, occupational therapy and other clinicians. Our reputstion is very high, and we are
being referred cases which others are finding difficult to support. This requires additional training for staff and
has also increased the number of safeguarding concerns. However, our support for all trainees remains of a high
level and evidence shows trainees are thriving and developing.
This year we extended our target of trainee numbers from 25 to 27 per day and we have achieved this with a
healthy waiting list every day. We are now full to our ideal capacity. To increase slightly more is possible based
on adult to trainee ratios, however this may lead to additional behavioural issues, a cramped working
environment and we would need to obtain a much higher level of commercial work.
Commercial Work
With this increased number of trainees, we also need to increase the level of commercial work. This year has
been difficutt as companies take more work in house as costs increase and we are also competing wth a
seamless service from design to shipping from China. In response we have had to restructure the Commercial
side of the organisation to be fit for purpose and to rethink howv￿ market ourselves and what kind of customers
we need to target. We have also made some changes to our shredding system and reviewed the commercial
clients for viability- Despite these challenges our trainees have been kept busy wth a good range of work.
Own Brand
During the year we launched our first Paperworks branded gift box - a Christmas box -and alongside this we
registered the trademark of 'A Litde Bird Told Me. in preparation for expanding our own brand offering. With
funding from CABWI to support staffing, we have been able to develop another box wth a view to launch in the
second half of 2025. Trainees were at the heart of this from conception to research and design and this is
ongoing.
Data Management
This year has seen a transfomiation in our data collection and storage systems. We had extemal support to
scope, design and create a bespoke system which enabled us to gather all trainee and commercial information
into one datsbase instead of this all being in different types of documents with minimal reporting capabilities. We
were also able to add more technology to trainees by digitalising the drinks list. This has saved time, automated
processes such as commercial billing infomiation. increased visibility and transparency and means we can
report and add on as the need arises.
30th Birthday
In early 2024 we had our 30th birthday and in May we continued this ￿lebratiOn wth a circus themed dinner with
performances, dinner and dancing. This was a night trainees will not forget and was supported generously by
donations which enabled us to add extras such as live circus performances. At the end of 2024 we also
performed a Panto themed around Paperworks castle and the story of Paperworks over the years. This was well
attended and received.
Staff and Students
Additional funding this year has enabled us to increase staffing into the training team so we are fully staffed to be
able to support the complex needs we face every day but also ensure we can develop and grow individuals to
their full potential.
We continue to have a range of students working wth us to enhance their skills and education in the sector and
have increased our numbers of occupational therapy students. Our reputation is high, and we have been told
Page 2

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
that we are one of the most popular placements for students which is a great honour for us.
In House Training
Our in-house training programme continues to excel with training being delivered every day including..
Product development course funded by CABWI
Digital skills courses funded by Groundwork to allow trainees to leam about podcasts and then deliver
their own monthly podcast called 'Catch up and a Cuppa,. Guests Y￿re invrted to talk from the local community,
and this was a great success.
Basic first aid and food hygiene delivered y extemal trainers
Our successful wellbeing programme offering activities every day from crafts to mindfulness which have
enhanced trainees, sense of wellbeing and positivty.
Objectives 202512026
Increase the level and variety of commercial Y￿rk in line trainee numbers.
Launch new products under our own brand.
Increase commercial staff levels to ensure we can dedicate time to grow this side of the charity and
market our services effectively.
Identify and add projects and training courses to our offer to bridge gaps and fulfil identified needs of
trainees.
Review and streamline the shredding service and pricing systems.
Create a business plan for the next 3 years to drive improvement and growlh in the medium term.
Approved by order of the members of the board of Trustees and signed on their behalf by:
Sandra Overfield
Trustee
Date..
Page 3

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Independent examiner's report to the Trustees of Paperworks (Harrogatel Limited I'the
Company.)
I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 March
2025.
Responsibilities and basis of report
As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of the Company's
accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'l. In carrying out my examination
I have followed the Directions given by the Charty Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's ststement
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member
of ACCA, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe=
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act.,
or
the accounts do not accord with those records,. or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than
any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of
an independent examination., or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities [applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 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.
This report is made solely to the Company's Trustees. as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My vrfork has been undertaken so that I might state to the Company's
Trustees those matters l am required to state to them in an Independent examiner's report and for no other
purpose. To the fullest extent permitted by law. I do not accept or assume responsibility to anyone other than the
Company and the Companls Trustees as a body, for my work or for this report.
Signed.
Dated: 20 June 2025
Helen Robinson
Armstrong Watson LLP
Northallerton
Page 4

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2025
Restricted Unrestricted
funds
funds
2025
2025
Total
funds
2025
Total
funds
2024
Note
Income from:
Donations and grants
Charitable activities
Investments
Other income
61,840
399,443
938
2,416
61,840
399,443
938
2,416
8,489
381,253
647
8, 953
Total income
464,637
464,637
399, 342
Expenditure on:
Charitable activities
1.458
440,193
441,651
360, 608
Total expenditure
1.458
440,193
441,651
360, 608
Net movement in funds
(1,458)
24,444
22,986
38, 734
Reconciliation of funds:
Totsl funds brought forward
Net movement in funds
8.752
(1.458)
126,343
24,444
135,095
22,986
96,36t
38, 734
Total funds carried forward
7.294
150,787
158,081
135,095
The Ststement of financial activities includes all gains and losses recognised in the year.
The notes on pages 7 to 18 fomi part of these financial statements.
Page 5

PAPERWORKS {HARROGATE) LIMITED
(A company limited by guarantee)
REGISTERED NUMBER: 02895804
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Note
Fixed assets
Tangible assets
11,121
10,032
11,121
10,032
Current assets
Debtors
10
45,398
123,604
71,694
85, 655
Cash at bank and in hand
169,002
157,349
Creditors.. amounts falling due wthin one
year
(22,042)
(32, 286)
Net current assets
146,960
125, 063
Total assets less current liabilities
158,081
135, 095
Total net assets
158,081
135, 095
Charity funds
Restricted funds
12
7.294
150,787
8, 752
126,343
Unrestricted funds
12
Total funds
158,081
135,095
The Company was entiued to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with
section 476 of Companies Act 2006.
The Trustees acknO￿edge their responsibilities for complying Trmth the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordan￿ V￿th the provisions applicable to entities subject to
the small companies regime.
The financial statements V￿re approved and authorised for issue by the Trustees on
signed on their behalf by=
and
The financial ststements were approved and authorised for issue by the Trustees and signed on their behalf by..
Sandra Overfield
Trustee
Date..
Page 6

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance the Charities SORP (FRS 102)
Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities
preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) {effective 1 January 2019). the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 1021 and the Companies Act 2006.
pape￿)rkS (Harrogate) Limited meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in
the relevant accounts'ng policy.
The financial statements are prepared in sterfing which is the functional currency of the Charity and
rounded to the nearest £1.
The exemption has been taken from preparing a cash flow ststement on the grounds that the charity
is a small charity-
The company is exempt from tsx under Sections 466 to 493 Corporation Taxes Act 2010 as long as
income is applied for charitable purposes only.
1.2 Going concem
The trustees have prepared a budget for the remainder of the 2025126 financial year which shows
that the budgeted income of the charity is expected to cover its costs, and this stability is expected to
continue beyond the end of the 2026 financial year.
The Trustees have considered the level of uncertainty that exists and have concluded that the
possibility that the charity cannot pay its debts as they fall due for a period of at least 12 months is
remote, and accordingly that no material uncertainty over going concern exists.
1.3 Company status
The company is a company limited by guarantee. The members of the company are the Trustees
named on page 1.
1.4 Income
All income is recognised once the Company has entitlement to the income, it is probable that the
income wll be received and the amount of income receivable can be measured reliably.
Grants receivable are recognised in the statement of Financial Activities when receivable. Grants
related to performance and specific deliverables are accounted for as the charity earns the right to
consideration by its perfomiance.
Bank interest and all other income resources are included when receivable.
Page 7

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies (continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third paty, it is probable that a transfer of economic benefits will be required in setuement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity.
Costs of generating funds include those of generating donations and fundraising activities.
Direct charitable expenditure included the direct costs of the activities and depreciation on related
assets. Where such costs relate to more than one functional cost category, they have been split on
either an estimated time or floor space, as appropriate.
Govemance costs include those costs associated with meeting the constitutional and statutory
requirements of the charity and include the fees and costs linked to the strategic management of the
charity.
Costs of generating funds include those of generating donations and fundraising activities.
Charitable activities and Governance costs are costs incurred on the company's operations, including
support costs and costs relating to the govemance of the company apportioned to charitable
activities.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Company's objectives, as well as any associated support costs.
1.6 Tangible fixed assets and depreciation
A review for Impai￿nent of a fixed asset is carried out if events or changes in circumstances indicate
that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying
value of fixed assets and their recoverable amounts are recognised as impairments. Impairment
losses are recognised in the Ststement of financial activities incorporating income and expenditure
account.
Tangible fixed assets are carried at cost, net of depreciation and any provision for impaiment.
Depreciation is charged so a5 to allocate the cost of tsngible fixed assets les5 their residual value
over their estimated useful lives. -
Depreciation is provided on the followng bases..
Long-tem leasehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
over the period of the lease
250A straight line basis
200/0 Straight line basis
330A.100% straight line basis
330kn-1000kn straight line basis
1.7 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the company., this is normally upon notification of the interest paid or payable by the Bank.
Page 8

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies (continued)
1.8 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.9 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
1.10 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably. Liabilities are recognised at the amount that the company
anticipates it will pay to settle the debt or the amount it has received as advanced payments for the
goods or services it must provide. Provisions are measured at the best estimate of the amounts
required to settle the obligation. Where the effect of the time value of money is material, the provision
is based on the present value of those amounts. discounted at the pre tax discount rate that reflects
the risks specific to the liability. The unwnding of the discount is recognised within interest payable
and similar charges.
1.11 Financial instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value vrith the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
1.12 Pensions
The company operates a defined contribution pension scheme and the pension charge represents
the amounts payable by the company to the fund in respect of the year.
1.13 Fund accounting
General funds are unrestricted funds vthich are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Company and vthich have not been designated for other
purposes.
Restricted funds are funds vthich are to be used in accordance Y￿th specrfic restrictions imposed by
donors or which have been raised by the Company for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial ststements.
Page 9

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Income from donations and grants
Unrestricted
funds
2025
Total
funds
2025
Donations
Grants
8,968
52,872
8.968
52,872
61,840
61.840
Unrestncted
funds
2024
Total
funds
2024
Donations
Grants
2.687
5,808
2,681
5,808
8,489
8,489
Income from charitable activities
Unrestricted
funds
2025
Total
funds
2025
Contribution from social care providers
Contribution from commercial partners
341,814
57,629
341,814
57,629
399,443
399.443
Unrestncted
funds
2024
Total
funds
2024
Contribution from social care providers
Contribution from commercial partners
320, 062
61,191
320, 062
61,191
381,253
381,253
Page10

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Investment income
Unrestricted
funds
2025
Total
funds
2025
Investment receivable
938
938
Unrestricted
funds
2024
Total
funds
2024
Investment receivable
647
647
Analysis of expenditure on charitable activities
Summary by fund type
Restricted Unrestricted
funds
funds
2025
2025
Total
2025
Charitable activity
1,458
440,193
441,651
In the opinion of the Trustees charitable activities comprise one activty ￿lch is the provision of
educational and vocational training for people physical and learning disabilities.
Included wthin the charitable expenditure above are unrestricted staff costs of £319,67112024'.
£261,257).
Included wthin charitable expenditure above is restricted expenditure of £1,458 {2024= £1,458) which
relates to depreciation.
Included wthin charitable expenditure above are unrestricted other costs of £120,313 (2024.. £96,426)
relating to..
Rent and other associated costs £37,197 (2024: £34,609)
Communiction and other costs £65.548 {2024'. £44.500)
Other propety costs £10,79712024.' £10,431)
Property repairs and flood damage £5.568 {2024'. £5,476)
Other direct costs £1.203 (2024.. £1.410)
Included wthin charitable expenditure is £45.375 (2024= £41,747) of support costs. ofwhich
approximately £22,000 related to staff costs and £750 vrds govemance costs.
Page11

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysis of expenditure on charitable activities (continued)
Summary by fund type (continued)
RestriGted Unrestricted
funds
funds
2024
2024
Total
2024
Charitsble actiwty
1,458
359, 150
360, 608
Independent examiners remuneration
2025
2024
Fees payable to the Company's independent examiner for the independent
examination of the Company's annual accounts
Fees payable to the Company's independent examiner in respect of..
All other services not included above
810
750
650
Staff costs
2025
2024
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
234,816
64,127
20.728
187,473
55,921
IT,863
319,671
261,257
The average number of persons employed by the Company during the year wa5 as follows:
2025
No.
2024
No.
Average number of employees
17
17
No employee received remuneration amounting to more than £60,000 in either year.
Trustees. remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).
During the year ended 31 March 2025. no Trustee expenses have been incurred (2024 - £NIL).
Page 12

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Tangible fixed assets
Long-term
leasehold
property
(Restricted
fund)
Plant and
Motor Fixtures and
machinery
vehicles
fittings
Office
Iunrestricte (Unrestricte (Restricted
equipment
d fund
d fund)
fund) {Restricted
Cost or valuation
At 1 April 2024
Additions
21,877
10.996
5,053
22.550
7,734
2.737
At 31 March 2025
21,877
16,049
22,550
7,734
2,737
Depreciation
At 1 April 2024
Charge for the year
13,126
1,458
9,715
2,504
22.550
7,734
2,737
At 31 March 2025
14,584
12,219
22,550
7,734
2,737
Net book value
At 31 March 2025
7,293
3,830
At 31 March 2024
8,751
1,281
Page13

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Office
equipment
(Unrestricte
dl
Total
2,975
68.869
5,053
2,975
73,922
2,975
58,837
3,962
2,975
62,799
11,123
10,032
Page 14

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
10.
Debtors
2025
2024
Due within one year
Trade debtors
42,551
2,481
366
59, 156
1,421
11,117
Other debtors
Prepayments and accrued income
45.398
71,694
11.
Creditors: Amounts falling due within one year
2025
2024
Trade creditors
8.262
101
13,679
15,239
391
16,656
Other creditors
Accruals and deferred income
22,042
32, 286
Page15

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
12. Statement of funds
statement of funds - current year
Balance at
31 March
2025
Balance at 1
April 2024
Income Expenditure
Unrestricted funds
Unrestricted
126,343
464,637
(440,193
150,787
Restricted funds
Jimbos
8,752
11,458
7,294
Total of funds
135,095
464,637
(441,651
158,081
Statement of funds - prior year
Balance at
31 March
2024
Balance at
1 Apnl 2023
Income Expenditure
Unrestricted fvnds
Unrestricted
86, 151
399,342
(359, 150)
126,343
Restricted funds
Jimbos
10,210
(1,458)
8, 752
Total of funds
96,361
399,342
(360, 608)
135, 095
Page 16

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
13. Summary of funds
Summary of funds - current year
Balance at
31 March
2025
Balance at 1
April 2024
Income Expenditure
General funds
Restricted funds
126,343
8,752
464,637
(440,193
11,458
150,787
7,294
135,095
464.637
(441.651
158,081
Summary of funds- prior year
Balance at
31 March
2024
Balance 8t
1 Apnl 2023
Income Expenditure
General funds
Restricted funds
86, 151
10,210
399,342
(359, 150)
(1,458)
126,343
8, 752
96,361
399,342
(360, 608)
135, 095
14. Analysis of net assets between funds
Analysis of net assets between funds - current year
Restricted Unrestricted
funds
funds
2025
2025
Total
funds
2025
Tangible fixed assets
Current assets
7,294
3,829
169,002
(22,042)
11,123
169.002
(22,042)
Creditors due wthin one year
Total
7,294
150,789
158,083
Page 17

PAPERWORKS {HARROGATE) LIMITED
{A company limited by guardntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
14. Analysis of net assets between funds Icontinued)
Analysis of net assets between funds - prior year
RestriGted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Tangible fixed assets
Current assets
Creditors due wthin one year
8, 752
1,280
157,349
(32, 286)
10,032
157,349
(32, 286)
Total
8, 752
126,343
135, 095
15.
Pension commilments
The company operates a defined contributions pension scheme. The assets of the scheme are held
separately from those of the company in an independently administered fund. The pension cost charge
represents contributions payable by the company to the fund and amounted to £20,99412024- £17,863).
No contribution5 were payable to the fund at the balance sheet date in thi5 and the previous year.
16. Operating lease commitments
At 31 March 2025 the Company had commitrnents to make future minimum lease payments under non-
cancellable operating leases as follows=
2025
2024
Not later than 1 year
Later than 1 year and not later than 5 years
5,312
30,947
5,312
5,312
36, 259
17.
Related party transactions
There were no related party transactions to disclose during the year.
18. Controlling relationships
No single Trustee or group of associated Trustees has control of the company,
19. Share capital
The company is limited by guarantee and has no share capital.
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