Company T15{ratiOn number.. 03686719 Charity IcstratiON number: 1076541 The PROSPECTS Foundation (A compaoy limited by guaraotee) for thB Year Endcd 31 Octobw 2025 SPECTS HYNDBURN'S COMMUNITY-OWNED ENVIRONMENTAL CHARITY 1st Floor, Block C The Wharf Manch¢st¢r Road Burnley LomGa8hire BBII IJG
The PROSPEcfs Foundatlon Contents Retcrcnce and AdministTrtive Detsils Tttts, Rtport 2tolO StatWOl of Re5poDsnJilitiG Indyndcnt EXal[CS ii¢p¢)rt 12 Sfatcm¢nt of Finati¢iAI knivitie5 13 Balan¢e Sherf 14 NoteB to the Finallc1 Statmwts 15to23
The PROSPECTS Foundvddon Referen¢e and Administrative Detalls Trnstees Mr S Buttoft MrN Co¢ Trc&gllTer Mr R Clthliffe Mr D Daiy Mrs G L Hargre•ves Mr S Hem]n8Y M8 C Holmes Mr M Hoplry. Crtbair Mr J Scdes Mr P Wmcent.Barnvo. Wic¢-Cb2Fr Mts M Word¢n r P Worswicl ca1r Mrs M Worilen Secretary ChArlty ReAtrAtIO Number 1076541 Compmny Re81otr*tton NvmbEr 03686719 Registered Offi 54 Bn)adway LatscaslRitc B85 IEW 1Mdedellt EAJnthier KM Chartered Aecoullt&nLs 1stFloor. Block C The Ivharf Manthester Road Burnley Lallcasliire BBI I IJG Solititors: FMGS New SouthwoTth Hall Cu¥dalc Lane S4mlesbury Pr¢5ton PR5 OUY Banker6 Triodos Bank Bnmel House 11 The Promcnade BTiStol BS8 3NN Pag& I
The PROSPECTS Foundation TTUStees' Report The (twtees, are directors for the ENweÈ of company law. preseni the attrntal [4 together WI the fitwicial Statem¢[ of the charitabl¢ Y for the ycar ¢ndcd 31 Octobcr 2025. Trnrt Mr P Britclifft {resId 02105n025) MY S Buth)n MrNCort Mr R Cunliffe Mr D Daly Mrs G L Haweaves13PFk)inted 31110712025) Mr S Hcmtngway Ms C Holmes Mr M Hopley Mr J Sca]es Mx P Vincent-Banvood Mrs M Worden Mr P Worswick Appolthtment and eledlon of Tru%tee¥ As pcr our Artielcx ofAs50ciation, thc Conrnittee shall cotjsxst of: otse repre8entativcs from each of the Appioved PROSPECTS Panew an Approved PROSPEcfs Pand being a PROSPECTS Pancl that has becn approved by1hB Mauagejnent Conllnittte {b) otr teptcscntstivc of Hyndbllrn BorouBlk CounctE (c) onc tepErsentsttve of L8ncashiTe Cowity Council (d) up to six member5 of the PROSPECTS F(xmdson, ejected atthe AGM (e) up to Six C04JPtions appointed by the MAllagement Committee iti accordattcewith CIause 42. tr•knfDg of Trniteei The Mana8¢ment Committe¢ is responsible for the governance ond oiynll strategic dirwEiOll of the Foundatio Th¢rfwr, Iru8kES to be war¢ Jnd •le of meeling thLW resp)nsibiiities fot th¢ ben¢fit of all involve ith the Foundation alld associated grr)up6 and organÉsations. The respon81]lIty of ensuring that ttwtees axe given uppropriat¢ indudion lies with tbe ¢wrent Chairperson. Onc¢ tnJstee8 are appointed, they are giv¢n a Trust¢e8 Induction P3¢k wbich include6 infomi&tion (Jn". Bkgrouttd itthrni&tion About Thc PROSPECTS Foundation including the governing duWI Latest Ann[1 Rert And Financial StataheT]L4 OrganisatioDai Clwt and Tr C4*ts of CorMIu Chatity CoD]miwon Gtiidancc CC3 'Th¢ Ewllti41 Trust¢e' ij]cludin8 Ic8al eSPonsIbl]ItiES of ChaTity Trnstrs.. Appmpriate traiDitig i8 arranged for Trustw followxng consulra(ion theAr training needs. Page 2
Tbe PROSPEcfs Foundatlon Trustees, Report In geDeraL the tnLStecs have overall respotsBility for tbe governancc amd strate8iG dirtccion of the Foundetio The <tay-to.dw operntionai ofthc FouThdatÈon is delegated the Charity Mandger. The PROSPECTS of the PROSPECTS PaDds has represeDtative appointed to the PRoSPEs Foundation Matsagemt Conllllitte The trsteeS be assessed tlLC roaior risks to whidl the dwity is exposaL in particular those rela1 to the cyeEationand finatwL of the charity attd satisfied tbat systan8 are in place to mitig&tr theTr exposwe ro titsior risks. The Cjwiry the following inguratt¢¥ tover in place: Employers Liability. £10 11110 blic Liability, £5 million Prnducts Liability. £5 milligll Tntstee Liability. £l,(J)O.000 Personal AccAdent Cover for Stsff. TntstecÉ & VoluDteers £IO.O(K) Contents Cover gal Exptnses £250.(INJ Owr Visio An ¢ttvironmeutslly 5U8tsillablfy bIlIverSe. low carth)n Hyndbum whar people wolk together to pmlect the Our Ml561on To in5pirc and SUPE people fn)nL all Cornm to PTrtectthe environmeDL Our Fovr Prospcets Developn*nt Goth PEOPLE. More le atc CD8aged in conjmwty.led 8olutions which proteGI the enviromnettt for current attd PLACE . Morenattjral habitats are v8hl and cad for alld b#L¢fitiDg eVOne,S healtb ottd we]IbtinB. PLANET. MotE PX4)le ère clitDatr awarc aod e all naDJrnI resources wisdy. PROSPEcfs - Improved acccgs to in8piratio suNyort and fiumls for com1ty-1 fA)lUtiO fmm a well resourced and governed enabling charity. thc PROSPECTS Foun¢JatiotL Page 3
The PROSPEcfs Foundatlon Trustees, Report OUR CHARITYIS OWLCTS PbItC Beneflt The Injstees confirm that bave paid thie regard to tht Chatity CthatniSSi4)n 8uidancE oo public bencfit reporttng in deciding what acLtvitics the charicy sbou]d undertake. The objcctg of the Fowidation. Lq set out iti our ArtTclc& ofAssociaiion (May 2016), 2$ follows: A) The Athnc¢ment of Environmentsl Protectio or ImpriJvcmcnL inGludin8: al) the eonservation of flor4 fauna atsd the natur41 u]vironTuent in Hyndbum generally, 82) the edu¢ation ofthe public around lo and global sustaithEe dcvclopment a]Ml biodiversiw. aDd 83) the prntnotiott Df r¥¢]itig and 8ustaiAable wask mattagcmcnt B) Thr Advallcctnrnt of Citiz¢llsTrllP alld Commww DevelopmcnL itic1ud1. bl) thc prornotion of volunteafftg to tDiprovE skill4 wzlities aDd life prDSpects for Idents of Hyndbm" b2) the proTnotion of commuDity capactty buildin8 ID of ¢nviroJTrmelltai and sustainabl¢ development b3) thc promot(on of urban and rurnl regenelOtt Hyiulkn in rel8tioJ) to sustatDablE developinejit for UTart thlllre getmtiorts. OUR CHARITYS ACTIVITIES BETWEEN N0MBER 2024 AND ocfoBER 2025 ltt orderto achieve the dwitable olit¢tS 5Et out abov< thr FouDdatioa cazried out the followitig progtamm&s of work whilst also spcndtng time h)uking fur fundtng Io GOntinu¢ projects b0nd the end of the ftnancial year. . Wlndlall Benefit Fund EnergieKolltOT UK Ltd. hag orcat¢d the 'Windfall Fwid. for tbe 25-yw lif¢ of the wind f8nn ott oswald1slle Moor in Hylldburn. The PROSPBCTS Fowmtstion 1v¢S £105.000 per year (iDd¢x-linked from February 2010) to employ a COnllty Project Managrr atrjd pmvidc a capital fuod to 8UPPOrt voluttbx groups in Hyndbwn in developing projects in linc with our six Sustainability themes. Dwyng the year we reccivcd income of £190,993 fot the Windfall Fund Total CAdIture during the year arnounted to £118,627 and consisted of grdnts paid out plu8 the Costs of the Fun(t Thcr¢ arc four fimding deadli pttyear fot Str( and tArgc grant& Mitti canbc applied for at any titne. The amount available fur Mini ba8 remained at £1,0 per proj# Small gtallts ar? up to £5,000 per pmjcct a[ tg¢ grants are above £5.000. Oyer the financial year o i(rtai of 36 gfdnts were paid oiQ irtcluding 25 miT]i grnnts toknlling £19.662. 4 STnall grnnts totalling £12.984 and 7 Large rn totslling £118 859. locluded in these totals the grants paid to Thc PROSPECTS Foundation tr)tslling £S7,109 towardR th¢ iollowitig projects - Br(thid¢ Restoratioffj EcfrFest 2025. Hyndbwn's Nature Reserves and Community Tre¢Action. Overall, £151,505 was pa?d out in 8rnnts dwillg the year. b. Outdofjr IarnIng Wc secured funding for this thTK yw progratnm¢ from tb¢ Ern&st Cook Tnt. The ptD8t8nnDe was aimed &t helpittg pcoplc with the outdoors and Iwn aLN)ut environrllell¢al nagernent througb activities and wurk&bops with a specific focus on ways to miEig3ts climat¢ dwig Page 4
The PROSPECTS Foundadon Trustees, Report This includcdvffjking with a uujnbtr ofschoots and conllmTniry Eroups and carriedoul a¢tivities includitig food gri)wing &t Millertold allothicnL constructiTtg model wind tuybincs with school childreffj wreath makin& forest xchool act[vIti and leaditig 8uidcd walk& The project Came to an iti July 2025. The income cattied frnd from the previous finaticiai year and the expendifllr¢ duritt8 the year totailed £20.548. coMmnIty Treoaed( We secwed thr fiJndin8 for this prOjt fium Hyndbllm Borough CowKil's aim&tr Ernergency bud8eL ThTS has b¢cn cxtended ro a four yw project Twhicb started tti July 2023 with the ain) of planting at le8St 15 000 tree8 (contributing towards the tr¢e for every residellt tatget) by thc cnd of Juue 2027. M06t of the trEes will be plaDted Otrk HyTrdbwn Borough COU11 lall IncomE of £8.429 received from TS for Cities. £20,000 from Hyndbum Biwough CounciL £2.060 from Equan5 Reg¢ll¢ralion Lt £6,678 from a Crowd Fundill8 campaigtt through Aviva and £1.560 f[x)m llW¢rn¢Dt f¢e& Eendi1c f the yeat tothllcd £53.415. Hyndburn Woodlnds This projrGt is rcsponsible for the manageMt of l O larusbire Counry Coun¢71 owned woodlands within th¢ Hyndbwn Bomugh, with a particular en)phasis ott lvhinney Hi]] wood1w. plus other woodland related work 8cro&s Hyndburn. This project stsrted iti July 2023 and 1[ fur three yfJrs Ut1£ thc End of June 2026. W¢ have secured fiTnditig for this from Lalle&shire Cowity Coullctl and Hylldbum BDrough CouDciI (Seetioa 106 monics). The income was carried fotward froftl th¢ previous finatt¢ial yeor atsd the expenditure for the year trtalled £27.904. e. Brookslde RestortloTh Inttl•ttYe We have been wotkillg on a Dew project aiming to tmsforn) the old BrfK)ksid¢ iDdustrial sit in Stanhill villa8¢ in Oswaldtwisdc into a baven of biodivttsity. habAtst recovery. carbon capture and dimate actlon. The ftrst 18 month development phase. funded by The Nati(th LDttery Climat Action Fund w&8 a patthet3hip between PROSPBCTS, Hyndblull Borough Council. L4ticasFurc Wildlife Trns4 Ribblc Rivers fnwL Statihill Village Community AssoGiation and Proff1. Invesng in commltieS. CIC aDd cam¢ to att end io srpkmb 2025. During that time we wotkcd wTrth volunteers attd COttvnity groups on h4bitat and aecess itw)rDVCmts 4nd gathered the views of the local Conun)Ity to iufomi the pToduc4iott of a maste18 which will steer all fvture We rrceived 'tr8osttion' fundin8 from Hyndbllrn BotOU8h Calln¢il and the Willdf811 Fund to ¢ontiDU¢ thc projectto Jutte 2026 w]Jil we look for longcr funditi8. Income Teceived during the ycar £41.561 from The Na¢ionat Lotttry and £465 from dontitionslintrrest paym¢n78. Expenditure totalled £108.068. f. Hyndburn Ngtur¢ Reserv Thc Hyndbwn NJture Reserves project devdoped out ofthe c¢)mpl¢ted Peel Pth Pollinator project aod stxrtcd iti Novcnkner 2024. The project aims to iD)prov¢ the biodivcrsity and acc&sstrJility to three lo¢al nattwe reserves ill HyndbUL The Projea Officer cwrics out conservation maTrwenL cttizen scieoLZ 5urv¢ys and supports 4)trrtnimity activiticB. All work will be uDdutakcn with th¢ swwort of local voluDtett8. Th¢R 15 sufficient fimditig forthc ptoj¢¢t to Tuuulltil th¢ ¢nd of April 2027. Page 5
The PROSPECTS FoundAtlon Trnstees, Report Inconie rec¢ived during the yw for tbis project totsLleAI £12.Q69 Incl18 £9.000 frortt Hyttdburn Boiough Couucil atyj £3069 from donations. pendie was £44.082. . Low Carboll Buildfings S Wa8 a yw long wojeck fiJnd¢d by Elr4ttiCiiy North West's 'Powerii)8 Ow Cotntwuu¢ies' gnd th¢ Windfr411 Fund until 2025, to help community blltldings in Hyndlxwn lower their carEN)n footprint and take action ag4tDSt climate change. By improvitig the ¢ll¢Day efficAency of their buildiw. CQUUDUtuty orgatii5ations w¢re able to reduce their energy C8, helpiog tbem to bcri)m¢ nwTr fKDancially viable. meaning th¥y could coutiuue to providr valuable se1¢2$ sUPPOrt local peopl& As a te&uli their bwilthgs were also warn7er. providing a morr WelnIng Space foruserJ. C(ymmunEty groups Wtfc SUPPOrted in obtaining aD energy audit of tbeir buildtllgs and applying for fi]ttthg for energy effiGiency attd tcn¢wEbk rncr8y nwsure8. The ittcome carrled forward from the previow y¢4r 8nd the expendj'wre for the year w¥s £13.238. h. GrextHarwood Memorl*l PArlK We WOTked in p8rtsitixbip to dclivcr woodla1 Iwv¢M(S at PaTk in GTrat Ha0 as part of a largcr Hyttdburn Borough CouD¢il projcd funded by tb¢ National L(rtt¢ry Heritage Fund We carrÈed out work in Round Wood iticluding the rejnoval of illvasivc AMMkth(troll. We also designed a naDre trail arouJMI the Park and worked with a lo¢&i school on the desigtt of a fOst school att The income was carried fonv&rd from th¢ pwous financial year and the ¢xtKndityJre on the project during th¢ yedf Vds £3,177. L Ecv F¢&t 2025 We beld our fourth very succes5fid Ero F¢st OD Broadway in Accringtortr in June 2025. It thlbled us fo promotr PRoSPEs to a wid¢ audtencc atld on th¢ day we made over 250 de¢oTated wood cookies artd gavc awdy mrjre thAn 250 goody bags. HunddS of people visited our st&ll and rnally ellquired alM)ut volunteeritig with us people and signcd up to our mailing lisL W¢ hosted over 20 stall5 from other enNryrotunentsl organisatiO and cl)aritie4 and pmmoted sll thitigs via talkn deMtIOn% pufornwKe8 and hands.011 activities. Wc rK¢ivd fimditig for the ev iotalling £10,036. from Hythlth Borough Council, the Willdfall the Duchy of L&tEr and doD&lions. Thetotal expenditillt ottthc fe%tiv WHS £13.779. J. Woody fflyndbDrnJ CTC DwinB the ye4r the Prospects. st3ff r¢mtitiucd to provide some limited support co Wooty dbUrn) CIC (giSteI eompauy mmnbet 07984087). one of our linked social enlerprise4. Woody (Hylldburn) CIC was 5Et up by The PROSPECTS FouttdatiDll tvKIvk y¢ars ago and 15 legally and fjnauciauy a separnte organisation. It IS completely volunteer led atld almost all of its income 18 generated from woodlalld m8went contrdGt work and woodltsmber sale8. The a&%ct loBk for Woody (Hyndburn) CIC is Th¢ PROSPEcfs Foundation. whi means tb&t a55ets, (including any profits) tnust b¢ retaincd withih tb¢ CIC to be L8ed for thc Mm)Ity PUWObes for v/bich it was fomi4 or caD be trausfeTred and used to benefit th¢ VmAk of (b¢ PROSPEcrs Foundation. PTOSPE£ts Communtty Energy We 50 provided some support to Pro4xcts COmmutty En¢rgy Ltd (PCE), a con]munity bEnefit sociecy. set to take foTrd the feAsibiliry sthty alld liinre devdopm¢nt of a solaT Theadow at our sitc at Coach Road in oswaldtwlst PCE. ful by thc Rural Cotillnwtity Ellu&y Fund OiCEF) and morB EntlY the ComMty Energy Flll (CEF) aAd Hyndburn Borough bas beeD W0&ng with SharencAEy to move this d"elOpInellt forward. Page 6
The PROSPECTS FDundatlDn Trustees, Report l. TiDkn BrookTree Nunery Thc Tinker Brook sit¢ has beth Icascd by th¢ charity from Hylld Borou8h COW11 sin¢e 1998. In 2007 th cbaTity entered into a new le&se wEth the C(AmLiI for the sit¢ that will expire YA A 2031. The sitc 15 utrntly used on a day to day b&qAg to facilitate IrtiltUral training and day care services for people with learning difficultie& This servicc ig provided by TiDker BIook Supwjrt Services CIC. re8i8tcred cotnpany numèrtT 11839753. . Co#eh Road Me&dows Th¢ laod at CoaclL Road Meadow pllwhas by the PROSPECTS Foundatioo in March 2005. During the last few years Prospecrs Community Energy h&s bcen taking forward plans to drvelop 4 801ar mradow on thc sitr (sec above). Planning perniission for the solar iDs(Ri]atsDn was grantcd itt 2024 and PROSPECTS exp¢cts VAII ha to fornially l¢as¢ the 8its PCE Ltd (or other Suitable devel(W1C OrlIStiOn) to ettabl¢ thc developmeni Tthith will result in secwng a mll aTmU income. Charity ComiYi&Nion advi¢¢ bcBm sought in rdLLion to tbc 8rattkng of the Ivase. n. Chartry Developntyt work A attd CB5ential part of our involves securing cxternal funthns m order to rontill our chatity work. Duritig thc yur we Suc¢&$sfi with new funditig applications to the Willdfa]l Fulld. Hyndburn Boroug& Couttcil and DuGhy of Laster. Jn addition. we We bble to genernte donations for a coJrJmuntry trce ]rgery throu8b thc use of a Crowd Fer online plitforttL Other Charity DcveloIHu¢irt w(k has Incb¢d orgarAising and faciiit2tiDg mCent Committcc and FillanL¢ Group meetings. Th¢ AGM was held * Statihill m¢thist Church in Oswaldtwisde wha? we look at the ILabitai and acrc&s Underen 8t Btithid& The Hrk hftg al80 illL"iudcd liaising with utsd staff to monitor projrd budgets and funder motiitoritsg requirements thc line mwement of stkff. The pro$& of changing the fDrrnat of The PROSpEs Fuundation from a re8iStml charity and ¢ompaDy limited by guarantee to a Charitab]e Incotyoftxted Organisation (CIO) is Mill on hol(L ThE advantages w¢v¢r of th¢ new stNctt]re vll1d irnclud¢ the fact that will only have to be filcd with Charity ClTlS570n and not with Companics Hous¢ as well. there will b¢ no dual regulation. Tn¢$ will still benefit from limitEd liability. and the stsuctllte is Spc4ifi]Y de8igll¢d for ChIties. W¢ al&) ¢ornpletr41 the pmcass of wziting a new 5 year Developmetyi Plan to 2030. which will guide our harit¥ble tiVItieS and be vjiddy pronM)ted and L4ed to guFp)rt fud¢ fimding bids. £44,755. Th¢ Eharity ha5 g¢Jn¢ from stra]gth to 8tr¢Dgth ID the last ¢ow)le of years alld thlling thc Jnajority Df the 202412025 ye4r we bad 8 stsff. the most in th¢ rhatity's thistory. o. The PROSPEcfs Phels The PROSPF£TS Pallds are separate entities aDd their fjnallc¢5 doDot therefore show in ow accowts. Th¢y are an importanl part of the PROSPECTS movemfal 3nd deliva. a range of volunteer piojects itt their nthgljbourhoods that arc importallt to local pcvplc. There AS a lationship of muthality beNVe the FoT]tidatio aod the Pattels. The Fouudation provide4 centralised sttvicts to support the work of the Panels, and the Pauels frequently provide Yolunteer skilled labour to wo] on projects other than thcir OVnL PotteRs s¢lect a representstive serye on the FoundAtion's m2nagcmuit cotiurrittec. Four of th¢ cltt Pa15 are cutrently acLive." Baxendcn comnty Fon]m. Clayton-Ic-Moor5 W5th Altham Prospeets Pane]. Huocoat Commwiity Fonmi and Rishton Proswts Panel. During thc yw Prospects staff Suppo thr panels Frith a number of project& Pa8e 7
The PROSPECTS FoundatiDII Trusters, Report Volunteer toMtrllithtion5 to Ihe PRospKcfs FouDdatlDn The Foulldation cxists to uwble cOnDlty effort and the tThsttts are happy tr) &kth)wledge thc conknbution that ¢)ur volunteer8 rngk¢ ia terms of givin8 their ovrn valuable titne, support, advice and help we fully Tecogni8c that thi8 Stipport is vital in the Fcrtv)diott to achieve its chatitable tsbjtc It is this enonnous volunteer effort that deffftc&q PROSPEcfs as a whole attd whiGb ensurcA that the work aGhicvcd is far. far 8reater than that represent¢d ty th¢ FodItio,9 rott[ e¢coMnf8. It is tho backborye of everything we The attached statemetits thow the Slate ofth¢ finatscu. itsGvmin8 dcErcascd from £48&601 to 58.338, a d¢Gt¢ase of£128.263 from th¢ previ8 yew. The toLg1 resourccs ¢Xpd incttased troti) £444.547 £459.860. ats inGrcase of £15.403 from the pr¢vious year. The uetT¢du¢tion in resources for the ye8r was £101,522 Restricted income for sErtif athililitt totslled £317.942 kntal regtricknl expenditure was £432236. Thc ov¢raU baLallce on restricted fimd8 was £253.535 at the 31st Odob¢r2025. The size of thc ba1Ce 18 dnc kn grnots paid io advan¢¢ of exP¢Ddit[ in¢utr¢d. Tbc ba]azKe will be calricd fonwd attd spEni on spxific schcmu. Pollcy OH r¢serv The Tn]stces bave adopte(E a pwjlity re8arth8 whith ewwt8 we arc abl¢ to all our current and ruiurc liabiliti¢s and is rrvicwcd anttualty and apprnved by the Mstlagemcllt Coxnlljiitee. As we ar¢ 80 dwendent on grants it is cotisidercd that th¢ I¢1 of T¢¢8 ll¢cdo to br equal¢ to ma11rt coTr a¢tivitie& and that the equivalcnt of thrcc moTth of ttJta] expendtture is appropriatr (being approxi1tEty £114.965). Dluing the yeat thc ultrIcted resctv&s illcre¥ £139J84 to £140.410. Th¢ Rtv&S iDdud¢ £15,000 up in fixed a$5ets. Hcnce, free reserves aMOw to £125.4lO. PLANS FOR FirruRE PERIODS The key ts8ks tbat h&v¢ iwi ideDtifted for tbe fortbcomitig year are as foltOW8'. Str*tegle Review and set Ain ad Obj'ectives atmually (en1ng 'c{muty. feature4 as much as 'EttvironmNTt' nd that all OUT themu are well representedl Promote the Deveiopmcnt Pla especially in the ligbt of the UPCDming tA)cal Govunment Reorg4tiis&tion Ensurc wide co1to with th¢ broad¢r lo1 c¢)mmullity ts) hclp itillu6ttc¢ ourcnr wid fijttre progt3rnmt4 proiectg alld acttvities Kecp UtEt Teview tbe make.up of the M2tJA8emenl Commili¢e in ternis of community r¢pr¢sentAtioffj and relcvant skills Rxonsider the converbion of our status from a CFthrity into gl ChAEltabl¢ IncoTpor organttiott (CIO) ¢iima¢e chatt8¢ is atthe ¢oxe of our dlS1oD$ atsd 1Vi¢S Maintain and develop good tt18tions with orgalSatIOns to further the aims of thc chuity and to ensure elimate Chal As on the wider 28ettda throughout Hyndbum Work Gloscly wtill PROSPECTS Cijrotllumty Encw ÉD &SSiSt with tjke dcvelDpmetst of thz solar meadow at Coaeh Road Work closety with Hyudburn BoTough COWKFI and trtwrees ¢Jver the plans for [Cl Government Reorganisatiw and the iJDp&ct on the Fowmlalion Pag¢ 8
The PROSPECTS Foundatlon Trusteesl Report Work closely to ttInTe muLu81 support wtth Woody (Hyndburn) CIQ rnballciog thc rllbeitig of Hyndbum's woodlals, Èockiug th¢ yah of cottllty effort ¥thd the best of fiEJaDciat resources. at devdoping a small local woodlalld economy ProJtcts & ProgTamJn Revi¢w exi5lsDg w7)jKt8 alld amend leAthatscc l improve as necessary Secure contriatOtt fwiding for existing projects and 50urc¢ fiwdiDg fir newprojcct activities Continued 4nttU41 review of the delivery of grants to the community thrgh th¢ Witidf4ll cOD]mtty Fund and ¢4rry out 4 fom)al. Indedent ¢ottsultant-led evaluation of the Fund CbArity M8ngcment Update alld revi¢w policies in the Staff Handl)nok As and whcn ]Eeces8ary, prioritising Safeguardin& Volunt¢eriti& Elealth & Safety alld Equality & Diversity. buyxtiB iti ext¢rnal help whtre Tequtred Assess the ttttd for more fwnwl HR support to strengthell our governallce ¥tKi managetFJent polictes and PedureS Ensu regular nionitoring &lld ev&lltiOn of all our wo Improve faeilities atour Eovirolltne Cerrtre our trainitig cetttrell(KTrl.store itt Oakhill ParL Review the suitsbility of our CUTrent prrmIS for the need8 of the chtirity's xtivi17&4 I1 togethcr a training progtaTDtuc fortn and staff inc]uding C8rbon LitsEcy training and dcvdopment of awxrenc&g Df commom purp05C Fllrther TForkp]annzd for 2025126 kndlldes: Gcnerate new Project ideas wlth clitDatc thange at tr hc4rt of what do. 8ttd partic1 in ftspoJ)se to th¢ kntion Plan asslad WAth the new Dcvclopment Pl2 Work G105ely with HYndlMn Borougb Couttcll and other parLnets to devdop projects across the borollgh includin8 in relation L(Jcal Gov¢nJmetkt RtorgaDi5atio Tncw PROSPEcfs Foundation mcrnber8hzp Conrinue ¢k)serwthing with atsd developjnent of the PROSPECTS Pancls Take ott and fth develop a new allotment Site at Growing Wild in BKcndg) Sxur6 fidIng to colltitiue exTr6tittg projecrs and for nEW pn)8r4rnw of work Secure l(ng tcrni futswe fundtD8 for the BTookside RcstDrntion lllitsative, in parttTuship wilb .tr gatiisations Improve aJ)d update our social media platfom IludIng our websit¢. Facebook, yTube aod Twitter ¢c(wts and hold social media trdinTng for stsff. tntsterf and Panel mem1>3rs Look at doing thillgs ditrerendy iti relation to knF¢#- including holding morc lollY b8sEd Ioathhows iti the townships around borough. attctsding othcr ev¢nts aDd sbowcasing our work more widety acniss tbc bole of Hynilburn Pa8r 9
The PROSPECTS FouDdatlon Thisteesl Report Ollr Sli of SustlDAblllty: ThG atc set by thc MaDagemctst Comrnittee and provtd¢ Lhe fram¢wryk withirt whicb the a)arkty its prL)jcb( work. UclplDg Nature ctIllS and mointaining grettl spaces that sllpport a wide rnge of native plant atKI atiimai spccic5 8J)dprovide essential rcsources lile food, shelter alld connectivity forwildlifr and habitats. ReduclDg Waste Using f¢wcr resourccs and geTh¢ting Iw rtthbish by thoughtful liTr¢ reusing and repatring iterns. rccyding and buying only wbat you n¢cd Travelllng Green EncA)urngtng tsavcl prnctices that mitiimise haTr to tbc envirotiJneDt aDd l(Kal conunuDities Loul Food Growlng and BUYI% Growing fThiL vewables and berbB &t home or in community gardens. wbich can lead to healthi¢r eaiitig atjd cost savin85 Saving Energy And Reducing CrboM ErnTMlon Using Itss powerby being efficlent and mxndfill ill how we use electricity and other ergY sourKs. which hclps to Tcduce costs and wke u8in8 solar attd wind AKJwrr to our Eeliallec on fosk&l fuds Under5t8ndlng the Planet Ittcreasing awareness and knowledge of the worfd alld Tealising how actiotLq affeet the I1th of the plonet and what we c2n &bt it as indiv&dulll4 housd)olds aod orgallisations Small companle8 provlsloD staten¢ This report h8 been prepared in accord4n¢e with the small comp]eS regime llathe Comp4Tti¢$ Act 2CH)6. The stjttual reportvrns approved by the trustees of the charity on 25 2026 and signed OD its behalf by. Mt P Vincent-Batwood VAce Chair of Trustees Pagelo
The PROSPECTS Foundatlon ststement of ResponRThilities The trust¢¢s (who are aIso tho directors of Th¢ PKOSPEcfs Foundatton for thc purposes of company Iaw) are r¢8pon5ible for preparmg the Imgttts, tOrt a]Jd the financial ststeEnents in accordancc with applicable law and United Kingdom A¢couts(itig St8ttdards IUnAted Kitigth)m Gen¢rally Accepted AGcounring Prnctscel. includin8 FRS 102"The Fimancial REporting Standard applicabl¢ in the UK and Republic of Ireland.. CoMpY law requires thc trusicGs to prepar¢ financial ststements for each t"man(id y. Undtt company l£w the tn]stCC8 must not approve the fitiaticial StateaA unless they &re sattsfied that they give a In and fair vi¢w of the st&te of 8ffair& of thc GhatiTablc company and of the incoming resources application of rc8ollrc¢ including its illcorne wd expenditur¢. of the charitable company for that perio(L ]n prepaTin8 these fifvaucial $tatrmcut4 the trustccs are requirnl to: selcot 8Uitabl¢ xccovuluw poli¢i¢s and apply them consistently. observe thc methods winciples In the Chuities SORP. state whethEr applicable accounting Statr&s. ¢omwisi08 FRS 102 have been followed, subject to terIal dep4rkn discjosed and explained in the financlai &tatem¢ttts' And prepBre the finaticial statcmcnts on the 8Oiti8 coocern basis unless it is iwprorn to presume that the chArttable cotnPaDy will cont%nu2 iti busines Th¢ t(U8tees are r¢spon8ibie for kecping proper accounttrtg retordÉ that can dAsc105e with Teasonable acwacy at auy time the fllwjciai posAtion ofthc charitable company al enabl¢ thcrn to eJIsu that the fJnall¢iai stat(ma]ts comply with the Con)patii&4 Act 2006. Tbry are alsts re&rhSiblC for RafegDardiDg the as8ets of the clwAtsble cornpally and IMCC for (akin8 zeason&ble steps for thc ptrvention and dctcctioTL of fraud attd other irreguiarAtie5. The tnjstees arc responsiblc fur thc Tn4int¥nan¢e and integrity of the cohpornte and financial inforniation Atteludcd on tlle charit2ble comp&Try's w¢bsite. Leglslation governing the PTeparxtioD and dIlltion of finallc2 xtstcmcnts ruay diffct frnm IB8]Sl10ll tn othe¥iuristhctiolls. Approved ty the tree5 ofthe ch•ity Dn 25 March 2026 and SI) on its behalf by. r P Vinren(-Banvood Vice C.haTr of TJu6teeB Pa8cII
The PROSPECTS Foundatlon Independent ETaminer•s Report ts the trustees of The PROSPECTS Foundation ('the CompAUy') I rert to the charity tntstecs on my cx2rnin2tion oFthc accoutstg of thc Cwny for thc ycar ended 3 1 October 2025. Responslblllrfes And Dfreport As thc chatity'g trLgtt&s of thc Compw (and also Its directors for the purptts¢5 of con4)any law) y(pu are rpOL7)IC for th¢ prcparatioll of the aCCots in &ccoThlall¢e with thc reqUInIenLS of the Compallies Act 2006 ('thc 2006 kn.). Having sati6fied myself that the ac<ounts ol. the Company are not reqthirod to be Eudited undcr Part 16 of the 2006 2nd ate eligible for illdeptttdettt exAmÈll8tioffj I report in respect of Elly examillauo]L of your tharity's counts as carried out under secuon 145 of the Charlties Act 2011 ('thc 2011 Act,). In carryiti8 Out trly xamination I have followed the Directions given by the Chty Commission under section 145{5)(b) of the 2011 ACL Independent exaTlllner's statemtnt Sinc£ the compa*8 088 income exceeded £250,OWJ your examin¢T must bc a membu of a body It&ted in section 145 of the 2011 ACL I COnfM that I am qualified to undertak¢ the examinlI)n because I am a member of the Associatiou of CltaTity illdepclthe Examiners, which És one of th¢ li8t¢d bodies. I have completed my ex8miU8tion. I c4)nfllm that DO D]atters have Gotnc to my attcDtiou in cODj¢T10n wALh the ¢xamination 8tYiTtg rne cauR to believe: l. accouthg records wu¢ not k¢pt io r¢5P¢Ct of Thc PROSPEcfs Foutkdation ag requircd by 5¢ctson 366 of the 2006 ACL or 2. th¢ &CUlLts do DoLaw?rd with th0 reconL%" or 3. the acc4)unts do not nIPlY with the accounting requuuneots of section 396 of the 2006 Act other thatt any irqlremet that thtt aGCUUnts give a '(rne and fair vievl which is a mattcr considered as part of itepend¢n1 cxarninati or 4. the accounts have not b¢eJJ prcpared in accordznc¢ with rn¢thod6 and pritiripl¢s of the StatlIent of Recommended Practice for accounting T¢POrting by chaTities [applicable to ChaT]ti preparing their accounts in accordance wfjth the Financial Rryorting Standard applicablE ill th¢ UK Republic of Irelaud IFRS 102)]. I h&v¢ no Goncems aud have coll acrc6s no othw Jnattcrs in cOnn¢ct[ with the examination to which attention sbould be drawn iti thAs rcport in order to cllable apropetr underntandittg of the accounts to be reachtyL Mark Heaton FCCA FCEE DChA 1st Floor. Block C The Wharf MJffj¢h¢ster Ro Burnley BBIL IJG 25 March 2026 Pa8¢12
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The PROSPEcfs FouDdAtion (Registration nujnber.. 03686719) Balance Sheet as at 31 October 2025 2025 2024 Note Flxed aAsdB Tangible assets 12 1 S,QOO 15,0 Curreut •ssets D¢btors Cash at bank in haDd 13 9.762 677.721 687.483 401.255 401255 CdOr. Amollnts falllng due Ivlthtrt one year 14 22.310 207,010 Nel current ajstts 378.945 480.467 Ntt assets 393945 495.467 FumdB of the ch•rlty: Rtricted funds 253535 356.083 UDrestrAeted Iw>nJe tsFJds Ullrcstrictcd funds 140,410 393.945 139.384 Total 18 495,467 Eor the ftn8ncial ye8r ldIng 31 OBtobcr 2025 th¢ thity wag rtsiitlcd to cxcmption from audit under section 477 of th¢ CompanTes Art 2006 Ycl&tiT58 to sm811 companics. Directors, Tespons7bilitics- The membus have not required the charity to obtsin an audit of its accowits for the year iti qu¢*tion in accordance with sectioD 476. aJd The directOT5 knoledge th¢ir re8ponsibilitie5 for COTnplying with the r¢quirnn¢nts of the Act with rrspcct to aocowititt8 r¢wrds and th¢ pwaration of ¥couDts. The financial StateMts on yages 13 to 23 were approved by the and authorised for issue on 25 M8rch 2026 and sigD¢d on their behalf by: P Vin¢en(-B3Th¥ood Vice Chair of Tne5 The notes on pages 15 to 23 forni an integrnl p8rt of these fmattcial ststemen Page 14
The PROSPEcfs Foundatlon ]Yotes to the Fynancial Statements for the ye Ended 31 October 2025 I Ch3rlty gtatso The cltsrity is lirnited by guarantr4 itworatrd in EDgland and Walffj and Cowetttly doE8 not bave slMTe ¢apithl. Each of the trus¢c¢s is liabl¢ to contribut¢ ata arnount J)ot ¢xceethng £1 towards tbc asscts of the c]wity in thE event of liquidati(m. The address of its reed offi¢c is.. 54 Broadway Accrington LoDcashire BB5 IEW These financia] s[atcents were authorised for issue by thc ttusteeB on 25 MarGh 202 2 Accoulltlng polltlej SumDthry of Jl£nlfft#tht aceouThdug pomeles ttd key %ccounthig estlJntes The priocipal accoutiting poltties applicd in the prepardtion of these financial statcmeots tttr sd out below. These policies have bern consi$t¢nt¥y appli to 1 the yEaTS Prente<l wilw otherwse stattyl statement ofcoTnpIIRnce The finaucial stst¢mellts b4v¢ be¢0 in OrdanCe with Accowittng and R[li1g ty Charities: Ststullent of RecomtlldCd Practice {applicable to ch2riLieg preparing their éceouttL8 in ac£ordance Thith the Financial Reportin8 Standard 4pplicabl¢ in the UK and Rcpthlic of Ireland (FRS 102)) (issued in Ortober 20J9) - (c.tLaritiu SORP (FRS 102)). the Financial Reporttng stthrd appI[cab in the UK Jlld Rq)ublic of Ireland (FRS 102) the CompauieB Ad 2(Kl6. BA811 of preparadtsx The PROSPECTS Foutidkn etts th¢ definition of & pthlic beoefrt entity uudBr FRS 102. Ass¢ts and liabilities arc initially recosnised at histwical (X) or trallsathl4 vxIH¢ Ull]s oth¢Twise stated iti thc rdevat)t arxounting policy notes. Golng eoDeern The uwtee8 Cullsider th& there aEe no materia2 uncertainties about th¢ charity's ability to contitille 85 a going oncern nor any &gnifit ms of uncertaiTrty that affect th¢ carrying value of assfts held by thc tharity. E4bendlrnre All expendiwre is recognised ollcc th¢ is a Icgaj or c&St[u[vC obligation io that expenditure. it 18 probable secellt t8 required and tbe 8rn0unt can be ]ed r¢]iably. All costs are allocated to the applithile expenditure he&diDg that aggrcgatc sithilar costs tu that catsgory. WheJE cosrs Cllnn be directly Ittribrd to particulaT headiu88 they bave bettt allocatcd ort a bLS £318$t wtth the w of rcsourc Charltable *¢tfvlde¥ a]aritsblc expcnditurc comprises those c4)sts inaured by the clwity the dejivcry of its activities and seThices for its benEficiaric$. It tncludes botli rosts that can be allocated dirIY such a¢tivities and tbose costs of all ndircct Dature necew to supportth¢m. Pag¢ IS
The PROSPEcfs Foujjdation Notss to tbe Financial Statsments for the Year Ended 31 October 2025 Grant provlslolls Proii8ions for grants are made when the &ntelltion to make a 8rant has been cOnGted to the rectplent but th¢Te TS uncerlainty about either the timing of the grant or the &mount of 8rant payable. GDvern8nee ¢osts Th¢se include the costs thThutable to the ¢IrIty'S LxTrmpliance with LxJDstiDition81 aud stathtory requirement8, includiog indqy¢ndani ¢xaminats(o4 strategic m8n8gement and thL8tees's meerings al rcimbur5ed expenses. TIdOn The charity 16 COll5idernJ to pass the tests set out iti paThh I Schethlle 6 of the Finance Ad 2010 and therefore it meets the thfinition of a charitrablt company foT UK colporntion tax purFK)sc8. AcwTdinglyi th¢ charity is potentially exempt from tsxation in respect of or e8PAtal 8aths received within ¢at¢gories covered by Ch2pter 3 Pan I l of the Cvrpoz8tion Tax Act 2010 or Sectiot) 256 ot" the Taxaiion of ChRrg¢able GaiTJS Act 1992. to the v(tent that income or gaitis #re applied exclusivety to charitsble purptpscs. Tgnglble fiIed assets Depreciation is provided at the following X&teB in OTder to lte off each over its utimatcd useful lifr. Fr¢¢bold iattd not provided Trade debtors Trddc (kbtots ar¢ arnounts thi¢ from customers for servAceB perf0t1n in the OTdillary course of busittcss. Trade debtors are reCot5¢d initaauy the msa¢tioD price. They are subsequently me4LSUTed at amortised cost ustng the ¢ff¢ctiv¢ int¢rtst metho(L less provision for impairmenL A provision for the itiwairtncnt of trad debtoys is established Wh thetr is objective evidence that the charity will not b¢ ible ts) collcct all amLwrJts accordin8 to the OTigioal of tILe C¢1y8blGs. Fulld thcture Unrc5trict¢d income fi]nds geneTal funds that are available use at the ITUStees dis¢r¢tton in furtber8nce of the objectives of tb¢ clwAty. Restricted incorne fid8 are th¢xe donated for UBe in a pthicular area or for specifi¢ PUTpOg. the use of which is irstrided to th&É area OTPUiPOSe. Pensions ind vther post retient obllg*don$ The clwity opcraÉ¢8 a dcfjned contribution pension sclmie Ivhich is a pension pIL uttdcr which fixcd contr]utiOnS 8r¢ paid Ènto a pet)sion fund and tl)e charity IMS no leKdl or constsuctivc obligation th pay furth¢r contributions even if tbe fimd does not hold sufficie4ht assets to pay aEI enWoyec% the btseftts rclating to employee savice in the current and prior periods. contribtiOnS to defin¢d contrib10 pEans are reco8nised in the Ststemenr of Fillaaciai Activities when they are due. If contribution payAJ)e41ts exceed the contribu(ion due for gervice. the excess is r¢coBttiged &9 a prepayment. Pag¢16
The PROSPECTS Foundatlon Note5 to the Flnancial Statements for the Year Ended 31 October 2025 3 IDcom¢ from donatloni and leg2des funds GenerAI Total 2025 Total 2024 Regular giving and capitsl dollation8 1.070 325 1,070 1,070 325 4 Illeome fr4Mll cknTit4ble aellvAties Total 2025 Total 2024 Tinker Brnok S.S CIC Grnt)ts receivable 7,250 280,305 7,250 280.305 6,725 425J36 287,555 287J55 432.061 Gtsttts t¢iV¢ included ill th¢ above. are as folloivs.. Energiekontor Local Authority Grnits Herttage Lottery Fund LatsGashiT¢ Wildlife Tfust OnwardHomes Erncst Cook Trust Hyndburn LLisure Nathl England Trees for Citie4 Elcctricity Northwest The National tottery Climatr Adion Fllnd Duchy of LaIaSter 1st Choice Ltd Equall8 Regenerdtion Ltd J87.255 36.( 187255 36,0(10 182J41 81,394 910 17,421 2.500 8.430 i.0 4.999 7273 14,054 96.414 8.429 8,429 41561 41,561 1000 3.000 2,060 280,305 280205 425J36 Page 17
The PROSPECTS Foundatlon Notss to the Flnanci21 Statements for the Year Ended 31 Oth>ber 2025 5 Other Income UnTe5tr1cted Total 21125 Totwl 2024 Gener Fee& and ch Other 19,394 7,133 19,394 37,235 17,344 24.814 41158 30,102 30.102 26527 56,629 6 Expendlture on ch#rltabk attmtlex Uttre&trlded Tot41 21J25 Totsl 2024 Gener81 Re5cted N4)tt Grants payable (iovemance costs Staff costs Charitabl¢ &rtÉvily Allll¢ated #upport costs 64.396 1.995 189.306 127.050 64.396 2,200 213.790 129.985 81.038 2,150 215.124 98,463 205 24,484 2.935 49.489 49.489 47.772 444.547 27.624 432236 459.860 Thc total 8rallts p8id to ijtsti£utioHs durin8 thE year wa5 &8 foll G¢tterai Grnits (under £5,000) 31.646 31.646 39.440 10.750 OnvaldtivÉstl¢ aDd Churth coJASVatiVc Club Rishion fvI¢thodi8t 10,900 19,948 Advetttutv Hyndbum Willow Top Hedgehog Rescue Prospects CoJDmuuity Energy Ltd Emest St Baptist Ch4Jel 5,000 5,000 lo,0 10.000 12.750 12,750 64,396 64,396 81.038 Page18
The PROSPECTS Foundadon Notes to the Financial Statements for the Year Ended 31 October 2025 7 Anatyjls of govtrbance and support Costs Governau¢e ¢(Ats iJnYestrided rwLds General Restrlcted nd5 Total 2024 21125 Indtpendent EA4rnin¢r fees ExatDitLatioll of the fitsaDciai ststemcnts 205 1,995 1,995 22CKI 2.200 1150 205 2.150 No Ints. nor ally persots conneded with thcll4 ha tKetYed any ruDuncration from the th&rity thtring the No tsugtee8 have I1Ved w reimburBEd exttnses from th¢ cbarity during the year. 9 Staff sts ThB ag8tEgatc payoll costs were ftsuuws: 2025 2024 Stgff coBts drIng the year w¢. Wagcs and salaries Social &'curity c06ts Pensioo costs 188J73 20.IM8 5J69 192.246 17.430 5.448 213.790 215,124 The moothty avetagc nwnber of persons (including blDr management I leadcrsbip team) employcd by the d]arity dunug the year ¢xpre&8ed time equivalrttts as fol]ows: 21125 No 21124 Cljaritable activitics No employee received rmohwoents of llre than £60,INJO dutiug the y¢4r. 10 Indq)eDdent uamlntr's remTmeratlon 2025 2024 Exam1ttion of thc financial stthments 2,150 P4gr19
The PRoSPEs Foundatton Notss to the Flnanelal Statemen1$ for the Year Ended 31 October 2025 11 TAx•don The clwity is a re8i8tered charity and isthercfore excEDPt from tsxation. 12 T*ngA)k 1Sxed A8gets Freehold laud Total Cost At l Novctnber 2024 IS.() 15,000 At 31 October 2025 15.000 15,000 Depredatlou At 31 October 2025 CanylDg amount At 31 October 2025 15.000 15.OtNJ At 31 Octobcr 2024 15.IKJO 15,000 13 Debtors 2025 2024 Trade d¢btor$ Other debti)rs 5,281 4.481 9.762 Page 20
The PROSPECTS Foundatlon Notes to the Fingnclal Ststements for the Year Ended 31 October 2025 14 Credlthrs: akno7JDts wlthkn oneye 2025 2024 22,310 19,760 187256 Dcfrrrcd income 22.310 207,016 2025 2024 D¢fcrTrd income at l Novem 2024 RGsourceB defetyed in thr period Amuunts r¢1¢&6 from previous periods Deferred inm¢ at 31 Octobcr2025 187.256 187256 187,2 187 15 Leaslng agreemevts Th¢ total value ot flltll MIttin l¢asc payments vjas as follows: 2025 2024 Within one year Itt two to five years 7,500 18.125 7,500 25.625 25.625 33,125 16 Pemsion othertthemts Defined contrAbutloD pensltsn schen The eharfftty operatsg a dcfined contrlbution pe]Jsion schern¢. The pellsion ¢os¢ charge for the yew rwscnts itributions payablc by thc chgrlty to the Scheme and am¢)wite4J Eo £5.369 (2024- £5.448). 17 ReJAttd patty son of the trustees for the Charity also nwk¢ up the boBrd for Prospccts Ccrnunity Enetgy Limited a registered 80CteÉy. During the yw the Charity lljade a g17nt paymettt to Pmspects Community Energy Limited amountillg £IO,(KJo. this wa8 lo belp fund the cost ofwork on the pmjKL Pa8¢21
The PRoSPEs Follndatlon Noles to the Fillancial Statements for the Year Ended 31 October 2025 18 FuDds Ba]antt at I ovember 2024 B•l4D¢¢ It 31 Octhber 2025 Resour¢eg exp¥kded resourcoj Tra]ufers Unreltrlcted G¢nerAI Fund 139J84 40,396 127,624) 111.746) 140,410 Re5trirted Other PriJje( Windfall Chlty M&na8tr tNR Coppiee Proieci oll00r IEarninE Proj1 Conununity Tree Action Hyndburn Woodlands Brookside Development 57,747 120,I23 16.286 190.993 17.834 12,069 (25.343) (I 18.627) (17.834) (44,082) (20,548) (53,415) (27.W) 1.603 (87.109) 50,293 195.380 52,318 20205 20,548 31,877 44.746 38.727 17.231 3.786 34.420 20,635 63.544 (104.770) (546) Brookside Developmwt Project Ph2 254 (3,298) 25,546 22.502 Buildillg Officer 13,535 (13238) (297) Woodlattd 3,963 (3,17D 432236) 86 356,083 317.942 l 1,746 253,535 T(rt 495,467 358J38 459.860 393,945 Page22
The PROSPEcfs Fopndatlon Note5 to the Financlal Statements for the Year Ended 31 October 2025 BalAnee at I November 21123 Blanee at 31 October 21124 tncDJblng rewurus Resources txpeRded Transfers Uttrestrlcted General Futtd I34,5 33J14 {29,835) 139.384 Restrieted Other Pmjects Windfall Charity Manager Habitats & Hcrita8e 64.925 109.813 14,838 185.335 1&798 9.510 10.930 19.406 38,833 22291 (23.016) (132,990) (18.798) (3.083) (34,821) (39,126) f4A67n (23,862) 1.000 (42.035) 57.747 120.123 lJ63 44,439 19,720 31.931 46J17 (7.790) 20,548 Pccl P PoliitiatWS coMnMty Tree Actson Hylldbum Woodlands Brookside Development Proj¢¢t Low Cart)on Community Bail(bng Projcd . Hatwood MemoEial Woodland 7.7 31,877 44.746 96556 (58.047) 25,035 63,544 14.OS4 (15519) 15,000 13,535 22.736 453,287 18.773) (414.712) 3.963 318,508 I,0)} 356,083 Total th•d6 453.413 495.467 19 AnxlysJ5 of net al between fvDds Totsl fuRd$ ot 2025 Gtser ReJtrlcted Tan1¢ fixed assets CUent &sscts 15,1XlO 147.720 22.310 15.000 401.255 22,310) 393.945 253535 CwFCllt liabiliues Totat Det &Sets 140.410 253535 Unrestricted Total funds at 2024 GeDer41 red &gsets Cutretti 5¢ts liabiliti<> 15,IMMI 144,144 119,760 139,384 15.000 687.483 1207,016) 543.339 (187.256) 356,083 Totsl net assets 495.467 Pag¢ 23