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 2026 Armstrongwatson. Accountants, Business & Financial Advisers
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnts•l CONTENTS Page Rafgronca and administrative details of tho Company. its TntS and advisars Trusts¢$' roport Indopondant 8xamin8es rnport Statsment of financial activities Balanc• sh¢•t Notes to the financial statements 7-17
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnts•l REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2026 Trustees Martin Baum Sandra Overfield Zahid Tarvaz Ires*Jned 29 May 2025) Lyndon co%1n9 Hannah Varley-Fodden Company reglstered number 02895804 Charity registerod number 1075963 R•glstsr•d offlce Unrt 5 Limew)od Approach Leeds Wesl Yorkshire LS14 1NG Company Socretary Sandra Overfield Chl•f •x•cudv• offlc•r Jo Forsey Accountants Armstrong Watson LLP Chartered Accountants York House Northallerton North Yorkshire OL6 2XQ Bankors Lloyds Bank PLC -11 Cambridge Crescent Harr¢gale North Yorkshire HG1 1PQ Page 1
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnts•l TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2026 Rovlew of 202>2026 Paperworks continues to provide an excellent service to adults wih physical and learning disabilities, autism and mental health i55ues. Trdln¢es The demand for our services is higher than ever, with referrals from a variety of sources including colleges, adult social care, GP'S, families, occupational therapy and other cliniaans. Our reputation is very high, and we are being referTed cases lch other5 are finding drfficult lo support. This requires additional training for staff and has also increased the number of safeguarding concems. 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 healthy wailing list every day. We are now fvll to our eal capacty. To increase slightly further is possible, however this may lead lo addrtional behavioural Issues, a cramped working enwronmenl and we would need lo obtain a much higher level of commercial work for the IrairS to complete. ¥thich has been a struggle for the last couple of years. Comm•rclal Work With this Increased number of trainees, we also need to increase the level of commercial work. Thi$ year has been difficutt as companies lake more work in house as costs increase and we are also eompets'ng wth a seamless service from design lo callOn from China and othec low cost economies. As a result of this we had to reslruclure the commercial side of the organisation lo be fft for purpose and lo rethink how we 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 do have for viability 50 can free up storage space for the fvlure.. However. our trainees have been kept busy with a good range of work from existing clients as well ay regular shredding work and one of mailing thork. Own Brand Last year we 5tsrted the development of our first PaperyrkS branded gift box- a Christmas box- ond alon9side this we registered the trademark of 'A Little Bird Told Me, and developed a basic website which we have developed further this year. Wrth ftjnding from CABWI lo support stsffing, we were able lo develop another box th a view lo being ready lo launch next year. Trainee$ were al the heart of this from conception lo research and desi9n and this is an ongoing project. Data Managoment This year has ¢onlinued lo see a Iransfomation in our data ¢olle¢lion and storage systems. We had external support to scope, design and create a system Calkd CODA vthich enabled us lo gather and report on all trainee, production and shredding infomation in one database instead of this 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. These changes have saved time by automating processes such a5 commercial billing infomiation, increased visibility and tran5paren¢y of trainee d8la, and mean5 can port and add on as the need arises. 30th Blrthday At the end of last year we had our 30th birthday and in May we conlinued this celebration with a circus themed dinner with performances. dinner and dancing. This was a night trainees wll not forget and was sUPPOrted generously by donations which enabled us lo add extra5 Such as live circus perfomances. Al the end of the year we pul on another Panto themed around Papewwotks casue and the story of Paperworks over the years. Thig was well attended and received. staff and Students Additional funding from the Household Support Grant enableil us lo prowde 3 cookery book designed and lesled by trainees as well as an air fryer for everyone living at home. We also were able to share food voucher lo those Page 2
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnts•l TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2026 most in need. This has made a huge impact lo families and feedback has been ovehelMIng. An award from the Tesco 'blue token. scheme allowed us to provide breakfast to trainees, allowing them lo start the day wrth energy and enthusiasm. We Continue lo have a range of extemal students vKJrking V1h us to enhance thr skills and education in the sector and have increased our numbers of occupational therapy students. having booked in 3 sets again this year. Our reputation is high, and have been told that we are one of the most popular pla¢ements for students vthich is a greal honour for us. In Houso Tralnlng Our in-house training programme continues to excel wlh training being delivered every day induding.. Product development course funded by CABWI Funding from Groundwork lo improve digital ski113 by trainees learning about and then delivering a mtsnlhly podcast Called 'Cal¢h up and a Cuppa,. Guests ve inwted lo talk from the l¢xal community, and this was a great success. Basic first aid and food hygiene delivered by external trainers Running alongside our commercial %rk and training we have run a successful wellbeing programme offering activities every day from crafts to mindfvlness vthich have enhanced trainees, sense of wellbeing and P0511ivity. Oblectlv•s 202612027 This year$ Small profft, along wth brought fow4rd reserves in exce$$ of our reserves policy, wll be ulili$ed to be able lo develop further the commercial side of our business next year to provide more opportunities lo trianees. 11 has also meant that we have been able lo add addibonal staffing into the training team so we are fully staffed to be able to support both the Complex needs v lace every day but also ensure we can develop and grow individuals lo their full polenbal. Our plans for the ftrture in¢lude'. Increase the level and variety of commercial V*Drk in line trainee numbers. Increase the range of PaperS products ready for launch Increase commercial staff levels lo ensure can dedicate lime lo grow this side of the charity and market our serwces effectively. Add additional projects and training courses to our offer to bridge gaps in the life skills of trainees. Review and streamline the shredding seNce and pricing system5. Create a business plan foi the next 3 years lo drive improvement and grO1h in the medium term. Approved by or(Jer of the members of the board of Twslees and signed on their behaK by. So+q Sandrn Overfield Tnjslee Date. 30 June 2026 Page 3
PAPERWORKS {HARROGATEI UMITED IA ComnY limited by guarnnts•l INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2026 Indèp•nd•nt •xamlnoes roport to th• Tw$t¢es of Pap•trwos (Harrogatel Llmlt•d Ilh• Company'l I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 March 2026. Responsibilities and basis ot report As Ihe Trustees of the Company land ts directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance the requirements of the Companies Act 20061.the 2006 Act'l. Having satisfied myself that the accounts of the Company are nol required to be audited under Part 16 of the 2006 Act and are eligible for independent examinatson, I report in respect of my examination of the Companls accounts carried out under secthon 145 of the Charitses Act 2011 1.the 2011 Act'l. In carryng out my examination I have followed the Directions given by the Charity Commission urKler section 1451Sllbl of the 2011 Act. Indepondont oxamlnor'$ $tstem¥nt Slnce 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 confim that l am qualffjied to un(Jertake the examinats'on because l am a member of ACCA, which is one of the listed bodies. I have completed my examination. I confim that no matters have come lo my attention In connection with the examination giving me Cause lo 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 vthh those records,. or the accounts do not comply with the accounts'ng requirements of section 396 of the 2006 Act other than any requirement that the accounts give a Irue and fair, wew which is not a matter considered as part of an independent examination., or the accounts have not been prePad in accordance with the methods and principles of the Stslement of Recommended Practice for ac¢ounling and reporting by charities lapplicable lo ¢harilies preparing their accounts in a¢cordan¢e with the Financpl Repoth'ng Stsndard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other matters in connection wth the examination to which attents'on should be dravm in this report in order to enatle a proper understanding of the accounts to be reached. This report is made solety lo the Company's Trustees. as a body. in accordance with Part 4 of the Charities (Accounts and Reports) Regulats'ons 2008. My work has been undertaken so that I might state to the Companls Trustees those matters l am required to state to them in an Independent examiner's report and for no Dther purpose. To the fullest extent permitted by law, I do not accept or assume responsibilty to anyone other than the Company and the Company's Trustees as a body, for my work or for this report. Signed.. Daled.. 30 June 2026 Helen Robinson Armstrong Watson LLP Northallerton Page 4
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnts•l STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2026 Unrostrl¢tsd funds 2026 Rostrf¢led funds 2026 Totsl funds 2026 Total funds 2025 Note Income from: Donations and grants Charitable activ.eS Investments Other income 18,699 469.907 831 1.967 18.699 469,907 831 1.967 61,840 399,443 938 2,416 Total incomo 491.404 491,404 464.637 Exponditure on: Charitable activ.e$ 476.883 1,458 478,341 441,657 Total oxpondltur• 476.883 1,458 478,341 441,651 Not movement Sn funds 14.521 11,4581 13,063 22,986 R8conclllatlon of funds: Total funds brought forward Nel movement in funds 150.787 14.521 7,294 11,4581 158,081 13,063 135,095 22.986 Total funds carrlod fopward 16S,308 5,836 171,144 158,087 The Stslemenl ol finaneial acts'vities includes all gains and 105ses recognised in the year. The notes on pages 7 10 17 fom part of these financial statements. Page S
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnteel REGISTERED NUMBER: 02895804 BALANCE SHEET AS AT 31 MARCH 2026 2026 2025 Mote Flxed assets Tangible assets 8.880 11,121 8.880 11,121 Curr•nt assets Debtors Cash al bank and in hand 10 88.319 102.131 45,398 123,604 190,4S0 169,002 Current liabilities Creditors.. amounts falling due wlhin one year 11 {28,1861 (22.042? Not currgnt assots 162,264 14fj,960 Total a••ot# lès* ¢urr•nt Ilabllltl•s 171,144 f 58,081 Total nat assots 171,144 158,081 Charlty funds Reslricled funds Unrestricted funds 12 12 5,836 165.308 7,294 150. 787 Total fund 171,144 158,087 The Company was entitled to exemw'on from audit under section 477 of the Companies Act 2006. The members have not reqUId the company to obtain an audit for the year in question in accordance wlh section 476 of Companies Act 2006. The Trustees acknovAed9e their responsibilities for complying the requirements of the Act with respect to accounting records and preparation of financial statements. The financial stslements have been prepared in accordance vth the provisions applicable lo enlilies subject lo the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. Sandra Ovorfi8ld Trustee Date.. 30 June 2026 Page 6
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnts•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Accounng poll¢l•s 1.1 8asis of preparation of financial statemenls The financial statements have been prepad in accordance with the charib.es SORP IFRS 1021 Accounting and Rewrting by Charrties." Statement of Recommended Practice applicable lo charities preparing their accounts in accordance vAth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Paperworks IHarrogalel Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised al historical cost or transaction value unless otherwise stsled in the relevanl acMunbng policy. The financial statements are prepared in sterling which is the functional currency of the Charity and rounded lo the nearest £1. The exemption has been tsken from preparing a cash fl)w Stalemenl on the grountys that the charity 1$ a Small ¢harity. The company is exempt from lax under Sections 466 10 493 Corporation Taxes Act 2010 45 long 15 ineome is applied for charitable purposes only. 1.2 Golng concem The trustees have prepared a budget for the remainder of the 2026127 financial year which shows that the budgeted income of the charity Is expected to cover its cos15, and this stability is expected lo continue beyond the end of the 2027 finanual 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 1$ remote, and accordingly that no material uncertainty over going concern exists. 1.3 Company $tatu8 The company is a company limrted by guarantee. The members of the company are the Trustees named on page 1. 1.4 Income All income Is recognise¢J once the Company has enlrtlement to the income. rt 1$ probable that the income wll be ceiVed and the amount of income receivable can be measured reliably. Grants receivable are recognised in the statemenl of Financial Activities when receivable. Grants related to performance and specrfic deliverables are accounted for as the charty earns the right to consideration by its performance. Bank interest and all other income soUrCeS are itKluded vthen receivable. Page 7
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnts•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Accounng poll¢l•s {¢ontlnu•d} 1.5 Expenditure Expenditure is recognise<l once there is a legal or construclive obligation to transfer economic benefit to a third paty, it is probable that a transfer ol economic benefits wll be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. Cost5 of generating fvnds include Ih05e of generating donab.ons and fundraising acliwlie5. Direct charitsble expenditure included the direct costs of the activities and depreciation on related assets. Where such ¢o$ts relate to more than one fvnctional cost category, they have been split on either an estimated bme or floor space. as appropriate. Govemance costs include those costs associated meeting the consliluts'onal and stslulory requirements of the charty an(J indude the fees and costs linked lo the strategic management of the charity. Costs of generating frjnds include those of generating donations and fundraising aclivilies. Chanlable activities and Governance ¢o$ls are costs incurrèd on thè company's operations, including support costs and costs relating to the govemance of the company apportioned lo charitable activbts'es. Expenditure on charitable actiwtses is incurred on directly undertaking the activrties vthich further the Companls objectives, as well as any associated support costs. Expenditure on charitsble actiwties is incurred on direclly undertaking the aclivf(ies vthich further the Company's obieclives, a$ well a$ any a$$o¢ialed support co$ls. 1.6 Tangible fixed assots and depreciatlon A review for impaimenl of a fixe¢J asset is ¢arrie(l out rf events or changes in circumstsnces indicate that the carrying value of any fixed assel may not be cOverable. Shortfalls between the carrying value of fixed assets and their recoverable amount$ are re¢ognised as impaimients. Impairment losses are recognised in the Statement of financial activities incorporating income and expenditure account. Tangible fixed assets are carrie(J at cost. net of (Jepreciation and any provision for impaiment. Depreciation is charged so as to allocate the cost of tangib fixed assets less their residual value over their estimated useful lives, - Depreciation is prowded on the followng bases". Long-temi leasehold proty Plant and machinery Office equipmenl over the period of the lease 25% straighl line basis 33%-100% straight line basis 1.7 Interest receivable Interest on funds held on deposit is included Sthen receivable and the amount can be measLJred reliably by the company,. this is nomially upon notificats'on of the interest paid or payable by the Bank. Page 8
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnts•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Accounng poll¢l•s {¢ontlnu•d} 1.8 DebtOTS Trade and other debtors a recognised at the seluement 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-tem highly liquid investments wth a short maturity of three months or less from the dale of acquisition or opening of the deposit or similar account. 1.10 Liabilitios and provisions Liabilrties are recognised vknen the is an obligation at the Balancè sheet dale as a result of a past event. il is probable that a Iransler of economic benefit will be required in settlement. and the amount of the settlement can be estimated reliably. Liabilib"es are recognised al the amount that the company anlicipales rt wll pay to settle Ihe debt or the amount il ha$ received a$ 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 ol those amounts. discounted at the pre tax discount rale that reflects the risks specific lo the liability. The unwinding of the discount is recognised wlhin interest payable and similar charges. 1.11 Flnanclal Instruments The Company only has financial assets and financial liabilits.es of a kind that qualfy as basic financial instruments. Basic financial instruments are inib.alfy recognised al transaction value and subsequently measured at their settlement value the exception of bank loans v4hich are subsequently measured al am0'sed ¢osl using the effective interest meth¢xl. 1.12 Penslons The company operates a defined contribvts.on pension scheme and the pension charge represents the amounts payable by the company to the fvnd in respect of the year. 1.13 Fund accountlng General fvnd$ are unrestricted funds lch are available for use at the discreb'on of the Tru5teey in furtherance of the general objectwes of the Company and 1¢h have not been designated for other purposes. Restricted funds are funds vthich are to be used in accordance wth specffic restrictions imposed by donor5 or which have been raised by the Company for particular purposes. The costs of raising and adminislenng such funds are charged against the specifi¢ lund. The aim and use of each reslricled fund Is set out in the notes lo the financial stslements. Page 9
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnts•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Income from donations and grants Unrnstrict8d funds 2026 Total funds 2026 Donations Grants 4,878 13,821 4.878 13,821 18,699 18.699 Unrostricled funds 2025 Total funds 2025 Donations Grants 8.968 52,872 8.968 52,872 61.840 61,840 Income from chadtsbl• actlvltles Unrnstrictod funds 2026 Total fund$ 2026 Contribution from social care providèrs Contribution from commercial partners 412,563 57,324 412.583 57.324 469,907 469,907 UnTrstriGted funds 2025 Total funds 2025 Contribution from social care prowders conlnbuts.on from commercial partners 341,814 57.629 341,814 5T.629 399,443 399,443 Page 10
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnts•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Investment income Unrnstrict8d funds 2026 Total funds 2026 Investment receivable 831 831 UnStriCted funds 2025 Total funds 2025 Investment receivable 938 938 Analy818 of oxpondltur on ¢harftabl actlvltle Summary by fund typg Unrtstrlcted R•8trlct•d funds funds 2026 2026 Total 2026 Charitable actiity 476,883 1,458 478.341 In the opinion of the Trustees Chaiitable a¢livi(ies comprise one activity vh)i¢h is the provision of edu¢alional and Vational training lor people vAth physical and learning disabilities. Included thin the charrtable expenditure above are unrestn'cted staff costs of £365,36812025'. £319,671). Included within charitable exPendrtu above is $tricted exFxnditure of £1,45812025". £1,458) which relates to depreciation. Included wthin charitable expenditure above are unreslricted other costs of £120,31312025.' £120,313) relating lo.. Rent and other associated costs £41.98512025." £37,197) Communiction and other costs £54.27512025". £65.5481 Other property costs £7.601 12025". £10.7971 Propety repairs and flood damage £3,821 12025.. £5.5681 Other direct costs £3,439 {2025.' £1,203 Inclu(Jed within charitable expendrture is £61.916 {2025". £45.375} of sUPPOrt costs, of which approximately £36,200 related lo stsff Costs and £855 was goveman¢e costs. Page11
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnts•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Analysis of expenditure on charitable activitie5 {continued Summary by fund typo {¢onlIndI Unrestricted funds 2025 Restricted funds 2025 Total 2025 Charitable activity 440, 193 1,458 441,651 Indopondont oxamln•r's r•mUratIOn 2026 2025 Fees payable lo the Company's independent examiner for the independent examination of the Company's annual accounts Fees payable lo the Company's independent examiner in respect of.. AJI other services not included above 8SS 870 685 650 Staff co8t• 2026 2025 Wages and salaries Social security Costs Contribution to defined contribution pension schemes 256.702 80,793 23,206 234,816 64, 127 20, 728 360.701 319.671 The average number of persons employed by the Company during the year was as follows.. 2026 No. 2025 No. Average number of employees 21 17 No employee received remuneration amounting to more than £60.000 in erther year. Trustoes. romuneration and oxpenses During the year, no Trustees ieceive(l any mneratI) or other benefits (2025- £AIIL). During the year ended 31 March 2026. no Trustee expenses have been incurred (2025- £NILJ. Page 12
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnts•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Tangible fixed assets Long40rn1 leasehold Plant and Office property machinery equipment IRe5tricted (Unrestrict Iunrestrlct fvndl fundl fund Total Cost or valuatlon Al 1 April 2025 Additions 21,8TT 16,049 1,425 2,975 40.901 1,425 Al 31 March 2026 21,877 17,474 2,975 42.326 Dopreciation Al 1 April 2025 Charge for the year 14,585 1,4S8 12,219 2,209 2,975 29.779 3.667 At 31 March 2026 16,043 14,428 2,975 33.446 Ng1 book valug Al 31 March 2026 5,834 3,046 8.880 Al 37 March 2025 7.292 3,830 11,122 Page 13
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnts•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 10. Debtors 2026 2025 Due within one year Trade debtors Other debtors Prepayments and accrued income 85.668 1,799 852 42.551 2,481 366 88.319 45.398 11. Creditors: Amounts falling due within on• year 2026 2025 Trade creditors Other creditors Accnjals and deferred income 8.917 200 19.069 8,262 107 13,679 28,186 22,042 Page 14
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnts•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 12. Statement of funds ststgm•nt of fund$ - ¢urrgnt ygar Balance at 31 March 2026 Balance at 1 April 2025 Income Expenditure Unr8strict8d funds Unrestricted 150.787 491.404 {476.8831 165.308 Ro$trl¢tsd fund¥ Jimbos 7.294 11.4581 5.836 Total of funds 158.081 491.404 {478.3411 171.144 Statom•nt of funds - prlor *r 8alan¢e al 31 March 2025 Balance al l Apnl 2024 Inm Expendilurn Unre8trb¢t•d fund$ Unrestricted 126.343 464.637 (440. 193) 150, 787 R8Strlctsd funds Jimb05 8, T52 (1,458) 7,294 Total ol lund5 135,095 464,637 (441,651) 158.081 Page 15
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnts•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 13. Summary of funds Summary of fund$- ¢urrnnt y*ar Balance at 31 March 2026 Balance at 1 April 2025 Income Expenditure General funds 1SO,787 7.294 491,404 {476.8831 11.4581 165,308 5.836 Restricted funds 158,081 491,404 {478,3411 171,144 Summary of funds- prioryoar Balance al 31 M8rch 2025 B818nce 8t l Apnl 2024 Income Expenditur& General funds Reslricled funds 126.343 8, T52 464.637 (440. 193) (1,458) 150, 787 7,294 135,095 464,637 (441,651) 158,087 14. Analysls of not assots betOn funds Analysls ol net assets between lunds- Current year UnrnstrScted Rgstrlctsd funds funds 2026 2026 Total funds 2026 Tangible fixed assels Current assets Creditor5 due wthin one year 3,044 190,450 {28,186) 5,836 8,880 190,4SO 128.186 Total 165,308 5,836 171,144 Page 16
PAPERWORKS {HARROGATEI UMITED IA Company limited by guarnnts•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 14. Analysis of net assets betn funds (continued) Analy$i$ of not a$$ots botwvn funds- prlor yoar Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Tangible fixed assets Current assets Creditors due wthin one year 3,829 169,002 (22,042) 7,294 11,123 169,002 (22,042? Total 150. 789 7,294 158,083 1S. Ponslon cornmlthients The company operates a defined conlribulion$ penston scheme. The asselg of the scheme are held separately from Iho$e of the company in an independendy administered fund. The pension ¢o$l Charge represents contributions payable by the company to the fund and amounted to £23,20512025 - £20,9941. No contributions were payable lo the fund at the balance sheet date in this and the previous year. 16. Op•ratlng lease commltsn•nts Al 31 March 2026 the Company had c¢)mmitments to make fulure minimum lease payments under non- cancellable operabng leases as follows.. 2026 2025 Not later than 1 year 5,312 17. Relatsd party transactions There we no related party Iransacbons to disclose during the year. 18. Controlling rolationships 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 caprtal. Page 17