FAITH TOGETHER IN LEEDS 11 Financlal Statsments Year Ended 31 March 2025 Charlty rngl8tration number.. 1081008 Company registraoon numbor. 3890863
Falth Tq•ther kn Leeds 11 Flnandal Statsmentsfprthe YarEnd•d 3tst riarth 2025 Corrtonts Pago Charty Reference and Admlnl8trative Detsils Tru8t888' Annual Rew)rt Indepyndent Examin8 R8Ptyt Statement of FinanGtal Acllvltles (Includlng Inme and Expendlture Account) Balance Sheet Staterrnnt of Cash Flov Notes to tr Flnandal Statements 10 11 12 13 14-22 Pay2
lth Tq•thw In L••th 11 nandil Sl¥t•rnents forthaY•ir EndÈd 315t Mh 2025 Charlty Roferenco and Adrnln18tratlvo Detall8 Charity reglstratlon numbor 1081006 Company reglstratlon numb•r 3890863 Tru•tse8 DrA.E. Garthwalte - Chair Mr J. Morton- Deputy Chair M8 H. King - Treasurer untll November 2024 Mr E. Carf1818 - Treasurer from November 2024 Miss B Pawsey- from November 2024 R•g18tsrod offiGo The Buikling Blocks Centra Maud Avenue Leeds Be88ton LS117DD Ind•pondent Examlnar David Pollitt FCCA Burrow & Crowe Accountants & Bu81n888 Advi8er8 Ltd Bays 6145 Flrst Floor Pegholme Wharfebank M1118 Ilkley Road Otley LS213JP Pwa
Rh yother kn leeds 11 Flnancial 5ts1eMerrtJ knthe Year Ended 31st Pl•r(h 2025 Trusts•s Annual Report for tho Yoar Ended 318t March 2025 The Tru8te88 present thelr report and the unaudlted flnanclal statements of the charfty for the year ended 31 st MarGh 2025. The trustse8 have adoptsd the provlslons of the Statsment of Recunmanded PracUce (SORP) 'Accounting and Reporting by Charitles. (FRS 102) In pr•paring the annual reFK)rt and financial statements of the charfty. The finandal stalements hav8 been prepared In accoThlance wllh tha aC)Unting policlos set out in nots8 to the ac£ounts and comply with the charlW3 governing d0Me the Charftte8 Act 2011 and knuntiny and Reportlng ty Charities. ofth• charfty The dlrectors of the charrtable company are 118 trustees for the pury>08e8 of charty law. The truste who have serv1 during lh8 year slnce the year end were as follo. Dr A.E. GerNlt0- Chair Mr J. Morton - Deputy Chalr Ms H. Klng - Treasurer urrtll retirement in November 2024 Mr E. Carli610 - Treasurer from November 2024 Mi55 B Paw8ey- appointed Novembor 2024 obCtIveS and actlvlU•8 The principal actlvlty of th8 company Is the promotion for the publlc ber of urban or rural re-genwation in areas of 8cthI and economic deprlvatlon, {and, in particular, the Leeds 11 postGode dlstrrct), ty various means, Induding the lief of poverty and unempbyment, arKI the kYovi8ion of a communty or public facility for tralnlng and recreatlonal n18, e8P8cialty through Iha prov18ion of pre-school thlldcsro and support for parants. Publlc b•n•fft •tatemont We have referred to th8 guidance contalned in the Charity Commlsslon'8 general guIdae on publiG benèfit wh revlewing our aims and obJectlve8 and in planning our future actsvitie8. In pardcular. the trustee8 ccnsld8r how plann•d activities wlll contribute to the aims and obJ8ctiv88 they have set. Achl•v•ment8 and p•rfornMnc• The charity valuM ts staff. To that end pay all slAff at18A8t the Living Wage, a8 CO18t9d by the Lfvlng Wage Foundatlon. We are now aredited as a LIVI Wag? Employer Our nur88ry ctinUeS to oparate at vithalty full capAcIty. We provide Free Early Education Enuuemert (FEEE) GhIj¢8re to ellglbla Childrnn over 9 month8 and to all 3 and 4 year old8. We are always over4ub8cribed for chlldren who ar• eligible for 9 month old 12 yoar old FEEE chlkJcare and by the of the schcol yew (the summer term) our 3 and 4 year old F*88 are full to We are algo kkIng for partners In the area With whom we may work In the ftrturn to provlde 8CeS to benefit I1 famili88 young chlldren (for example baby yoga andlor a playgroup). We enbisage that we wxjld provide the space where e$tsb118hed organisatlcns would provide services to thal familie8 that woukl be free or at very reasonable cost As roferrod to in the Plans for FUre perfods sectlon In 2020, Faith Together were lookiry to buy the building in which W8 operats. Wo completed Ihe purchasa of the buildlng in September 2021 arKI re-purposad the downstalrs hall Into a nursery room in 21)22r23. In 2023124 a canopy, new Intrler fir? alarm sy8tem8 wore installed. Imwovement work3 are still ongcing and we had new floorlng In8t8lled in 2024125, as I11 as improving the bulkllnrf8 88cuiity wlth extendod metal f8ncing and a roller shutter. In 2025126 we are Intending to have a new CCTV 8y8t8m installed and additional storage built In the hall. We also thlnk It may become necessary to repkce the washer and dryor as we have hAd rep8imen out several to sort out faults recently.
F•lth To8Èther In Leeds 11 FkninthlSt•tementslorthe Year Erthd 315t Mwch 20Z5 Tru8tO08 Annual Roport for th• Year End•d 31•t Mah 2025 Chlldrnn carnd for undw Frn• Earty Educatlon Entitl•m•nt (FEEE). For the past few tem18 have cared for the followlng numbers of chlldren under the FEEE scheme. Term 3 & 4 ear old chlldren 58 (10) 83 (14) 35 (6) 49 (6) 54 (8) 4e {3) 81 (8) 88 (7) 51 (5) 84 (5) 88 (5) 51 (8) "a9 (9) r old children 45 1 oar old children Spring 2021 Surnmer 2021 AUrnn 2021 Sprfng 2022 Summer 2022 AUrnn 2022 Spring 2023 Summer 2023 AUrnn 2023 spring 2024 Summar 2024 Autumn 2024 Spring 2026 Summor 2025 57 47 47 40 39.6 42 36 The number8 in brackets in the 3 & 4 year old column for the sprlng temi 2021 arnl later tenyjs Show the number of childran, included In Ihe largor number, who are reeofvlng the 30 hour8 free nurgery care. Fundlng for 15 hours of carn was extended to èliglble children over 9 month8 In September 2024. 30 hours of fundlng for eligible worklng famllles will b8 availabla to all chlldren over 9 months from September 2025. As of June 2025 w8 are caring for 94 thildren (113 childr•n In June 2), irKludiw tha8• attendlrvJ undor th• FEEE scheme, for a totsl of 402 half day 8e6SiLMS a k. Wo would like to thank fellow tru8te88 and staff for thalr ntInUed 8UPPOrt and commltrnent during th818st year. Alison Garthwait8 (Chair) y5
Fallh To8ethwln Leeds 11 Fkn•ndil Statements for Iheyeir End•d 31sl March 2025 Tru8ts•8 Annual Roport for the Year Endod 318t March 2025 Rl•k Pllanagémont The charity fee18 that It Is in the bast Intsrost of the funder4 and the chaity, to operate In a l(AY risk en%rfronm8nL Wrth Ihi8 in mind, It operate8 a 8y6t8m of intsmal control, which is dned b Safeguard the assets. This provides reasonabkn a88urarKe that i) Th8 charity is operatlng efficienty aTvJ effecJvety. Its asset8 are 6af8guarded agalnst unauthorised use or d18P08ition. IN) Proper r8cord8 are mahtalned and financial infomiatlon US within the charfty or Publi110n Is aCrate. The charlty ablde8 by relevant laws and rwJulAtion8. The systems of Intwrial control are d88lgned Iv pmvlde 8 rea80nable, but not absolute. 888uranGe of m188tatement or bss. fv) They Include.. A 8tratsgic plan and an annual budget approved by the tru8te8& Regular c(mderSt[On by the IN8tees of flnancial result4 VarIan from budgets, flnandal performance Indrcatcr8 and benthmarklng r8vlthv8. Delegabon ol authorlty and 88gregalon of dutl88. Indication of management rbk8. Flnanclal.r•vl•w (Includlng r••oN•• polky) As In prevlou8 year4 we contlnue to 8e8 8tsady progress In Income from our actfvitles a8 wa are now flrmty 88t8bli8hed and WeN used by tha communily. Foll4rVj succe88fv1 Of3ted inspectlon8, and the children regl8tering for one, tsvo and three year old Free Nursery Educatlon. have 6tMI operated with a surplus, allhough reduced from the prevlou8 year, d88Pite increaslng c08ts. Avart from our nurs8ry fees, the prfnclpal fundlng SOUrS for thls flnancial year were Leed$ Clty Council Free Early Education Entitlement (FEEE) funding for three and four year old children and for 81igibie thildren over the age of 9 months. We have received increased restrlcted funds as 11. because the way parerrts to apply for codes for the funded c¥re acovates Deprlvation Uplrft and Pupil Premium grarrt8. The other restricted funds we have received for EYFFI have t*8n wlthdrawn from 8eptembw 2025 h(yffter. Our UnrestriGled Free Reserve4 after taking account of fixed a88ets. stand at £356,873 {2024 £311252). This represents 7.9 month8 owrating eXndIture (2024: 7.3 months). ThiB exdS the bndS of our reserves pollcy (three to srA months operafjng expendire), however In the next finandal year wo ar8 up¥radlng the CCTV 8yStem, hang addltlonal 8torap built and some of our applianc88 wlll 8180 need repladng, as we are having to pay for r8pair8 more frequenty, and th•re18 8till 8ome work to bo dono in th? memor181 garden. now Ihat own the property. It 18 our pollcy to hokl In r88eNe three to stx month8, operating Incoma to safeguard Ihe charfty again8t any unexpected loss of Irthme, for example beU88 of temporary Gbsure. W8 al80 have Insurance to wotect the charlty again8t1068 of inGome from cartaln ri8k8. The trustees have given consideration to the major rryks to the charity 18 exposed and have 8atisfied themselve8 that gystem8 or procedures have been estabfished In order to manage these rfsks. BaUse of the nature of our busines4 the trustee8 take organisational and financial risk assessmènt Very 88riousty and our r18k a88888ment pollcy [8 also revi8wod regulaty by Ofsted and by Le&Js Clty Council. The major financial tsk to whkh tho charity is exposed18 sudden temporary dosure, for example bU88 of damage Gau6ed ty flre or flood. Our reserves pollLy and in8urance are degAgned to miligak th1& The trustee8 ar8 8ati8fi8d that our cashllows are adequate and that wo have sufflcknt Insurance in place.
F•lth Tryethw In leeds 11 Fln•ncl41 Sttrmnts fortheYeAr Endwl 31rt Marth 20Z5 Trustsos Annual Report for the Year Endod 318t March 2026 The trustees have taken 8cUve 8tep8 to mitigate arry govemanc8 risk8 by reviewing the structure of the tharitI8 govemlng body and by making sure that any conflicts of interest are iderrtlfied when decish?n8 are bolng taken. Our oparational risk assessment, for In8tance making 8ure that have appropriate stsffing ratlas, b In8P8Gted by Ofsted and rev18 from time to time by Leeds Clty CouncN. Th• maln ext¥1 rf8k D)mes from potential fluctuadons In income caused by the current econornic dOWnrn and increa88 in expenses caused by the cost of living rAiSiS. However, Ihe management and Irustees have Identified a parlculAr rlsk po88d by university Sdents whose chlkl maintenarKe grant Is pald Jn ar[8, and the trustees have th8r8for8 decided that students mu8t now IY their fees on the same ba818 a8 working parents to avold exp08ing the charlty to unduo ri8k from noTrpaymont. Compliance ri8ks ar¢ addressed by Otsted In I1r regular inspocuons (1 the trustees and staff are vlgllAnt In working to ensure that th• charty at all times fvlly MPlIant wlth all relovart Im and regulations. The Trustees are committed to ensuring that the leve18 of the reserves ar• sufflcient to en8ure the bng-term success and su6tainabifity of the charfty. It 18 prop08ed that lh• trustees revl8W thi8 policy •X an annual b891& Th8 tru8ts88 alm In fure yearB to retain a I1 of funds to provlde 8 c¢ntingenGy In the event of an unpr•Jictsd fall in income or unfore8een costs. Plan• for futur• p•rlod8 We have completed the purchase of the Bullding BkKks Centre from the Jolnt Church CounGil. Leeds City cou11, one of Ihe orlglnal grant fund8rs, require a restrtctlon to be placed on the lftle to the propety to the 8ffoct that they must be consulted in the ent that the tIldIng1S 801d in the f(rture. Now that own the bulldlNJ we hav8 re%)ury)08ed the Hall Into a nur88ry room and installed a canopy so that chifvjren have bètter acc8831o outdoor play. We Pmve also had the memorial garden re-planted (although we still Ivant addlllonal plantffig) and the exterior fence replaced 80 that the children can use the b)ttom part of the garden s8rety. We have also upgraded the fwe alarm and intruder alami systwn8, redecorated and had new flooring laid. To improve surIty 8180 had a shutter insl8U&J over the front door and the fenclng Wds tended Dver the low front wall to detsr loitering and befvRen th• church lIdIng and our playground. now that it has been boughL We still rwj to upgrade the CCTV 8y8tem in 21Y25, update the sensory room equipment, replace some of th8 nur88ry furniture and some white good8. The tru8lees have carefully consld8r8d Ihe Charity Commlssk)n'$ guld8nce on publiG benefiL We have furthered the charlt8ble purpo888 of charftys wort( at the Bulldlng Bloc8 Centre through our expandlng rnngo of work wlth L6ods Cty Council. who rofer chlldren to U8, by offering financral suppct on a d18crelionary b16 to parents fackng unexpaGted finandal need and by continuing to provkle a fpaYing 88rviGe at cOmptIve rat88 in a part of the clty Wre market failur• would oth6rw188 moan that Ire vms very Ilttle nur88ry provi8M)n outsida of the statutory 88ctr. Struthrni governan and mnag•m•nt Govamlng Document The comFany Is Ilmltad by guarantse govemed by Ils Mernrandurn and Artkles ofAs8cclatlon dated 8 December 1999. It18 regl8tsred a8 a Gharity with the Charfty Commi88ion. In the ovent of the compary being wound up, a maxlmum contributlon of £1 woukl be rocoivabl8 from every member at tho date of winding up or from any<0 cea8ing to bo a membar during the precedlng year. At 31 March 2025 that numtér stood at 4, (2024: 4). die?
Falth To8Eth•r In Leedsll Amnthl StateMeTrtsforth• Ye•rEndqd 31st March 20ZS Tru8ts08 Annual Roport for the Year Endod 31st March 2025 Appolntm•nt of Tru•toe8 and Tru8t•• Inductlon and Trnlnlng The trustses re appointed in (Kder b represent tho differnnt partner8 in Farth Together and to input 8 balance In 8klll8 and oxp8rti8e. New trustees can bo invitad on to the Board af any time, but m•mb8r8hip 18 reviewed annually at the AGM. Trustee8 arn re4ppointed at the AGM by nominakn. Organlmtlon Falth Together In Loed8 11 has contlnued with Iwo sub-committee8 having responslbllltle$ for FinarKe and Personnel. Each 8ubairnmlttee report8 thoir actNities and recommendations lo the m8ln board where rnar decl8ron8 are votsd Falth Togather in Leeds 11 operats8 in pathership ¥th, and on behalf of its member ganISatIOnS. Asha NevJhboUrhoS Project arKI Vera Medla. The Jolnt Centre Manager8 are Samanlha Wthlu {Nur88ry MarAge¢ and Sara Wrthlll (Flnance Manager). Ttw manage the day to day running Df the charty. R•lat•d Partlos Asha arKI Vera Media are two of tha orrginal partners In Falth Tcgether, who each hav• or had one rewe8entatiV8 on th• Faith Togeth•r Board. Helen tfjng was Falth Tffjotherfs Treasurer end 8180 the Asha Nelghbourhood Cenlre ordinator until she r•tlred In November 2024. Al Garthwalto IB the Chair cf Fatth Togother and was abo a local wundlb)r and Involved In Vera Media. Pale 8
Falth Together In 1o•d$ 11 Flnanthl Statementsforth•Ywr Ended 31tt March 20ZS Tru8tae8 Annual Report (Including Dirnctorn Roport) Tru•te••' rn8pon8lbilltloB The tru8te88 (who are afso dlrector8 of Faith Tog•ther In Leeds 11 for p.Ur•S,of company law) are rvsponslble for ' preparfrq Ihe Trustee8' Annual Report and the flnancial 8tataments In accordanee wrlh appliGable law and Unl Kingdom AcGounling Standards (Unlt6d Kingdom Generalty Acceptsd AcUnting Practlce). Company law requlres the tru8te88 to prepare flmancI818tatements tr ch financlal year, which give a true and falr view of the state of affairs of the charitable company and of the Incomlng re80urw and applIcan of r880urces, irlUding the Income 8nd eXpandire. of the charftable cA)mpany for that perlod. In preparing these financlal statemonts, tru8ta88 ar8 required to.. 88leGt Suitable aCCnng polici88 and then appty them con8i8tenty,' observe tho methods and prfncl8s In th8 Charittes SORP and FR8 1(Y2,' make judgements 8nd 88timatss that ara reasonable and pnJden( slate whether applicable UK Accountlng Standards ha been follo1, 8ubjeGt to any materlal doparture8 disclosed'and oxplalned in the firwncial statements; prepare the financial statements on the going conrn basls unl888 it 18 inapproprlate to pr88ume that the charltable compary will (x>ntinue in owraoon. Th8 trLKtees are responslbl8 for keeping adequate accounting records that dlsraoge reaeonable accuracy at any tlme the finoncial position of the charltable company and enable them to en8ur8 that the financial Statements comply with the compani Act 2008. They are also reSpsIbl8 for 8af8guardlw the 8s8ets of the charitable compary and hence for taking rouonable steps for th8 prevention and detecOon of fraud and other Irregularltle8. In 80 far a8 t trustees are aware: there18 no relevant audit Intrmatl¢)n ol which the Gharltable eompanl8 auditor is unaware.. and the trustees have taken all 8tep8 that they ought to hava taken lo make themsalve8 awar8 of any relevant 8udtt information and to ostabllsh'that the audilDr is aware of that Infomiation. On behalf ol the board Dr A E Garthwalte, Chalr Pd8e9
Fatth Toyther In Leeds 11 Fknvnthlstatsmentsforthe YearEnded 31st r4rch 2f Independent Examinorf8 Roport Ind•p•ndont Examin•V• Report to tho Tru8ts•8 of Faith Togeth•r In Leed8 11 Yoar Endad 31 March 2025 I report on tha accounts of the company for the year ended 31 March 2024 whlch are set out on pag88 11 b 23. R•8pon•lbllitl•• and ba•lB of r•port As the charlty truste of the comp4hy (and al80 its dlrectors for the purpo8e8 of compary law) you are responsible for tho preparation of thg acc<yunts In accordance wlth the requirernents of the Companles Act 20CI3 (Yhe 20C6 Acr). Havlng saU8fied myBelf that the KGounts of the company ar8 not requirnd to be audltsd under Part 16 of the 20C13 Act and are eligibh for Indepdent examlnation, I report in respact of ry oxamln8tion of your company's accounts a8,, can1ed out under 8ection 145 of the Charitles Act 2011 Cth• 2011 Act,). In carylng out my 6xam1nsti¢ I have followed the Direction8 given by the Charlty Comrni88ion under seGlion 145{5)(b) of tho 2011 Act Indep•nd•nl •Mrnlneh •tat•mwrt Since the compan18 gro Income exceeded 50,000.YoUr examkner must be a memb8r of a body118ted In 8eclion 146 ol the 2011 Act I confinn tPMt l am quaiifd to undertake the examination bKause l am a member of the Assoclatlon ol Chartered Certified Acnnts. which 18 om of the Ilsted bodl88. I have complets(I my examinatK)n. I confirrn that rKJ makn hav8 come to my attention In ccnnectlon wlth the examinalron giviry me cause to belleve that in any matsrial respect accounting recwds were not kept In rnspect d the company as r•qulred ty sadlon 388 of the 20C6 Art or 2 the ac£cxJnt8 do not aCd with thc*e rOrds,. or 3 th8 ac%ounts do not cornply wlth th• accountiw raquiroments of Sectlon 396 of the 2006 Act other than any requirement that the accounts give a Irue and falr vlew whlch 18 not a matter consldored as part of an Ind8porxlent examlnalion, or Ihe account8 have not been prepared in aGcOranca wlth tha method8 arKI principles of tha Statement of Rocornrnended PraGtice for accountlng and reFJ)rting by charities - appllcable to charlt188 preparing their accounts In accordance with tho Financial Reportlng Standard applicable in the UK and Republlc of Ireland (FRS 102). I have no con¢8ms and have come across no other motter8 in Gonnectlon wlth t eyAmln8tion to which attentlon should be drawn In thls report In order to enable a proper understandlng of tho accounts to be reache(i. Slgned: D F Pollitt FCCA DlreGtor BurrDW & Crm A£countants & Bu8ine88 Advl8er8 Ltd Bay8 61-65 Flr8t Floor Pegholme Wharfebank M1118 Ilkley Road (Xley LS213JP Pao110
Folth Twth•r In loeds 11 HnarKWStaternwrt%fDrih•YwrEnded 31st Marth 2025 statomont of Financial Actlvltlo8 (Including Incom• & Exp•ndlturn Account) Yoar Ended 31st March 2025 Unrestrlct•d Restrfctsd Funds Fund Total 2025 Incom• froin: Grants, donatlons and18gac Charltable actNib88 Investmonts 58,732 ,7 500,058 4,851 39,818 439.002 3.028 500.058 4,651 Total Incom• 504.709 58,732 561,441 481,848 Exp•ndltur• on: Charltable xtivlli85 Other [lU1&hMentJ (425.108) { 49,933) (475,041) { 37,085) (37,085) { 418,563) (17.456) Total expendfturn (482,193) (49,933) (512.128) { 434,019) Not Inc l {P•ndftUrn) 42.518 6,799 49.315 47,827 Tr•n8fofd betw• fund8 Not movemènt In fund• 15 42.516 6,799 49,315 47,827 R•conclllatlon of fund•: Totsl fu9 brought forward 16 583.310 683,310 516,483 Total funda ¢•rrl•d forward 16 805,826 6,799 12,625 563,310 Ail Income and eXpendIre (Jerfve from continulng acOvltle8. Th8 8tatsment of flnanclAI athlUe3 wicludes all galn3 and b8888 recognlsed durlng the y88r. Pa8• 11
F•lth Ta8èther Im Leeds 11 RnindAI Sl*tements forthe yrEnd80 31st Marth2025 Balanc• Shoot Y•ar Ended 31st March 2026 2025 Flxed a••et8 Tangible a68ets 12 249,153 252,058 Curr•nt asoet• Debtors .Ca8h at bank and In hand 13 14,368 359,252 9,328 310.029 373,S20 319,357 Cr•dltorn: amount• falllng du• wlthln on• y•ar N•t currnnt a••ot• 14 (10,148) (8,105) 383,472 311252 Total aM•ts18Bo curr•nt Ilabllttle• 612,625 563.310 N•t •M•ts 812,825 563,310 Charlty Fund• Restrictsd funds Unrestricted fund8 15 15 8,799 605,828 563,310 Total charfty fund• 15 612,626 563,310 For tho year endlng 31 March 2025 the rmpanY was enthled to exemption from.4udlt under 8ectlon 477 of the Compani88 Act 20 relatlng to 8mall companlo& DIr)r8, responslbllltl•8: The m8mb8r8 have not requlrffll tha company to obtaln an audit of its accounts for the year In question in (thance wlth secoon 476: dwectors acknowl&Jg• thelr reSpolbIlItIeS for complylng wfth the r8qulr•ments of lh8 Ad wlth r•sp8ct to accountlng records and the preparation of aCUnt8. Tho financ1 8tatemonts ware apwowj and authorf88d for issue by the Bogrd on 25 1,,125 Slgned on behalf ol the board of tru8tees Dr A E Garthwaite - Chalr Tho notss on pages 14 to 22 form part of thes8 finanGial ststements. Company regi8traUon number. 3890863 Pale 12
Farth Togetherln L••d$ 11 FlrBnckl Ststsmonts lortheyear Ended 31st M•rth 2025 statom•nt of Ca8h Flo Year End 31st March 2025 2024 Cash flow from op•raUng actMtI6• Irrter88t paid 17 81,667 52,182 N•t ca8h fiow from op•ratlng actlvltl 81,667 62,182 Ca8h Ilow Irom Inveatlng aclivltl•• Payment8 to 8cquirelimprove taTrJiblo ed 8888ts Receipts from sales of tangiblo rd assets Intere8t received (37.085) { 17,467) 4,851 N•t ca•h flow.from in11ng actlvltlo• (32.434) (14,429) rA•h from financlng actlvltlo• Interest pald N•t ca•h flow from flnanclng actlvltle8 Not Incrna•e(d•erna••) In cash and ca•h equlval•nt* 49,223 37,753 Cash and CABh •qulval•nt8 at l Aprfl 2024 310,029 272,276 C••h and cash •qulval•nts at 31 March 2026 359,262 310,029 CAgh and caBh oqulval•nts con•l•ts ofr. Cash at bank and in hand 309,252 310,029 Ca•h and cash •qulval•nt• ot 31 March 2026 359,252 310.029 Pa81 13
Fatth Toylher In L•qd$ 11 finandBI Statemforth• Yur Ended 31st Mirch 202S Notes to the Financial Stat•m•nts Y•ar End•d 31st March 2026 Sumrnary of •lgnlftart accountlng pollcle8 (a) G•noral Informatlon and ba•lB of pr•paratlon Faith Togéther in Lwds 11 [8 a Company Llmlted by Guarantee In thé Unlted Ktngdom. In the event of tho charlty belTrJ wound up, the118blllty In respect of the guarant80 18 limited to £1 per mornber of the charfty. The addre88 of the rwJi8t8reAI offKe is given In the charfty InformaOn on page 3 of the8e tInar181 statsments. The nattjre of the charW8 operations and wincipal aclivities are the prornolion for the publlc benefft of urbsn or rural rèeneration in areas of soclal and economlc deprfvatlon, (and In parti1&r the Le8d8 11 postcode d18tr1ct), by varlous means, indudiw the relref of poverty and unemploymen( and the provblon of a community or publk fxlllty for tralnlng and recreatbnal nead8, 88pecialty through the provi8ion of pre-school childc8r8 8nd 8UPWt for parents. The charity con8titsrt88 a publiG benefit entlty as deflned ty FRS 1(r2. The tlnanclal Statements have been prepared In accordance vAth Accountlng and Reporting by Chariti86: Statwnent of Rewmmonded Practlce applicabl8 lo Char88 preparing their accounts In &cordance wlth the Flnandal Reportiry Standard appll(¥ble In the UK and Republlc of Ireland {FRS 102) i8suwJ on 18 July 2014 (as updated through Update Bulletin 1 publi6hed on 2 February 2016). the Flnanclal Reportlng Standard appficable in the United Kingdom and Republlc ol Irel8r (FRS 102), tho Chariti88 Act 2011, the Companles kt 2006 and UK Generally Acc8ptsd Accounting PrarAice.". The financial slatements are wepared on a going concern ba818 under the hlstorical cost convention, modlfl8d to Include certain item8 at fair valu8. firHncial statements afe prepared In sterllng whkh18 th8 functional currency of tha charty. The slgnmcant atxountlrrfJ pol09 applled In the preparation of th88e finaKial Ststements are set out below. Th88e policies have been consthntly applied to all yws presented unless olherwl8e stat8d. (b) Fund• Unrastrlcted funds are avallable for use at the d18cr8tlon of th8 tru8tO88 In lurth8rarK8 of the gonwal objeth88 of Ihe charity and which hav8 not been designated tr other purposes. D8slgnatèd ftjnds compriae unre8tricted funds that have been set aslde by the trustees for pgrtlcular purposes. The alm and use of each designated fund18 8et out in tho nots8 to the fiMrKHI Btsternents. Restrlcted funds are funds whlch ar8 to be u88d in accordance wrth 8peafic rn8bfjGlions imposed by donors or which have been rai88d by the charity for parJcular purpce8. The cost of r8lslrvJ and admini8tering 8uch funds are charged agalnst the 8pedfic fund. The aim and u88 of each rastrthd fund is set out In the noto9 to the financial statsments. (c) Incom• recognltlon All IncomlrKJ resourc£s are Included In th• Slatement of Flnandal Aclfviti88 {SoFA) when the charity Is legally entrlknj to the income after any rforrnance condrtions have been rnec Ihe amount can be measured rellably and It Is probable that th• Income wlll be received. For donalion8 to be recognised the charity wlll have been notlfied of the amounts and tho settlement dato in wrlllng. If there are condltlons attached to the donation and this rgquires a level of performance befcre entitlement can be obtained then inc<Yne is deferred unlll those condlJon8 are fully met or the fulfilment of those ccndltlons18 wllhln the control of the charlty and it 18 probable that they will be fulfilled. P¥14
Falh To8eth•r In La•dsll nandDlStthm•ntsfwth• Y•ar Ended 3tst Marth 2025 Notes to the Flnanclal Statornents Yr Ended 318t March 2026 No amount 18 includod in the financlal statements lor voluntser lime In line vAth the SORP (FRS 102). Further detall Is glven In the Truste88' Annual Report. The charfty racelves government grant8 in resp?Gt of provldlng Chlldcare. Income from govomment and other grants are rowgnised at falr value whon the tharlty has entitlement aft•r any performance condltlon8 have been Me( It18 probable that the irKome will be rec•lved and the amount can be mea8ured reliably. If entrtlement is rK)t met then these aMntS are deferrod. Investment inccme Is tsrned through holdirq a88ets for investrnent purFwes such as shar88 arKI property. It currently indud88 onty bank interest. It Is Included when the amount can be measur1 reliably. Interest Inccme Is recognlsed uglng the effective intsrest mot1 and is recognlsed as the charlty8 right to receivg paymont18 e8tat4t8h8d. (d) Exponditur• rncognftlon All expand1re 18 xc(wnted fcr on an xcruah basls and ha8 been cla8slfi&d under heading8 that aggregate all c08ts relatsd lo the cate#ory. ExpeIlture18 recognl68d vthere ther8 Is a legal or cOnstructe obligauon to make payment8 to third partie8, it 18 probable that tha settlement wlll bo rqulr8d aThJ the amount of the obligation Gan be measured rellably. It18 categorf88d under the folknying headings.. ExperKllture on charltabla 8dvltl88 includ88 Wages & Salaries and costs of runnlng the buildiig,. and Other eXpendIre repre8ents th080 item8 not falling into the categotss abov& (•) support co•ts ailoeatlon Support C08ts are those that assist the work of the charily but do not directy rnpresent charitable 8ctMtl88 and include offke costs, govemance c08ts, and administrative payroll costs. Thty are incurred diré&iy in BUPPOrt of expenditure on Ihe Obj of the charlty. Whore 8UPPOrt C08ts cannot be directty attrIlted to partlcular headlngs ttw have been allocated to cost of raising fvnds and eXpendrn charttable xtivtli85 on a ba818 con8i8tent with u8e of the resources. Prnm18e8 Costs and overhead8 have mainly been allocated to the nursery provlslon wlth a small amount being allocated to room hlre. (fj Tanglbl• Ilx•d a•••ts Tanglble tlxed a888ts 8r0 8tsted at Cost (or deeffled cost) or valuatlon accumulaled depreGiatton and urnu1at impairmont losses. Cost Includes C08ts directly attnbutsble lo rnaklro the asset C8pabl8 of oper8tlng as Irrtendod. Depreclatlon is provided on all tangibb ed assets, at rates calculated to writé off the c08( estlmated residual value, of each asset on a $eMaI[C ba818 ovar Its •xpected useful Ilfe as foll(yws: Fixtures, f1n98 & equipment 33% Straight Line Buildings Straight lin• over 00 y•w8 (g) D•btorn and ¢r•dltor8 rncolvabl• I payable withln ono y•ar Debtors and credltors no stated Interest rats and receivable or payable wtthln one year are recorded at tran8actlon prrco. Any1088e8 arising frorn impalmient are r&ogn18&1 In 8xp8nditure. Pw15
F3h fwher In teed$ 11 Flnanclal Statementsfortheyear End 31st Marth 2Q5 Not08 to the Flnancial Statem•nts Y•ar Ended 318t March 2026 (h) Impalrniont Assets not measured al falr value are TeWed for any indicxtion that the asset be Impalred af eath balance 8h8et date. If such irKlicatK)n exlsts, the recoverable amount of th8 a880t, or the assrfs cash generatlng unlt. Is estlmat&l and compared to the carrying amounL Where the carrylng amount exc*ed8 ts recoverable amoun( an imFalrment loss18 recx¥nlsad In protit or1088 un1888 tile a888t 18 carried at a revaluad amount where th8 imp8irment1088 18 a revaluation decrease. 11) Provhlons Provi8ion8 are rn(>)gni88d when the charity has an obllgaoon at the balance 8he8t date a8 a r88uIt of a past event, It ts probable that an outflow of econornic nefits will be required in settlemont and the amount can b8 reliably estlmatsd. 0> Employ•• bonofft• When employees have rendered servlce to the'charlty, 8hort-tsrrn employee bOnts't0 vknlch the employB88 ar• entrlbj arn rnr4ni8ed at the undiscounted amount expected to be pald in oxchange for that seNke. The charlty operates 8 dned contr11110n pl8n for th8 benefft of arnployees. Contrlbutlons ar• expen8ed a8 they become payable. (k) Tax The Gharity ts an exempt charfty wlthln the m8AnlrvJ ol hedUle 3 of the Charities Act 2011 and Is consldered to P888 the te8ts 88t out in Paragraph 1 Schedule 6 Flnance Act 2010 and theretro it meets th8 definition of a charftsblo company for UK corporatkjn tax purpo8e8. 11) Golng concorn The flnanclal stAtem8nts have been prepar1 on a going conram basls as the trustses belleve that rK> material uncwtsinties exist The trustees have consldered thè level of funds h8ld and the expeGtsd level of Income and eXndre for12 month8 from auth0ri8ing these financial stalemonts. The budgeted Irthmo and expenditure is 8uffrcient wllh the Jevel of reserves for the charlly to b8 able lo (x)ntinu8 a8 a gclng concem. Pale 16
Falth Toyther tn Leqd$ 11 Flrwnthl St•ternntsforthe YwEnded 3tst 2025 Not•8 to tho Flnanclal 8tat•m•nts Year Ended 31st March 2026 Incom• from grnnl8, donallon8 and legacl 2025 Grants 58,732 39.816 56,732 39,818 IrKome from donatlons Is all attrlbutable b unre8trktsd funds.. Income from Grants relataS to local authorfty and government gr8nts 8nd18 all allocat to r88trictsd fund& Inciim• frtyn ch•rMobl• actlvltl•• Roorn and faGilities hire Nur8ery fees 2,813 497,246 2,437 438,666 500,058 439,002 Incorne from charitable xtivlties was £439.0tr2 (2023 - £383,922) aTrJ was all attrlbLrtable to unrestriclod funds. Incom• from inv••tm•nts Bank Inter88t recefved 4.851 3,028 4.651 Income from Inve8tmnt was all attriLwtable to unrestricted fvnds. ge17
h Towher In Leeds 11 Hn•ncW Statem•nts fortheyear Ended 31st Mirth 2025 Not•9 to th• Flnanclal Statoments Y•ar Endod 31st March 2025 Analy•l• of eXndItur0 on charll•bl• actlvlllo• Adl¥lYe8 und•rtaken dIrety Support w•t8 Nursery Room and facililles hlre 338,943 2,034 172,110 1,039 509,053 3,073 338,977 173.149 512,126 £49,933 (2024 - £57,272) of th• above C08ts ware attrilwtable to restrlcted fund8. fA82,193 (2024 - £376,74n of the above costs were attrfbutable to unre8trthd fund8 [this includes £37.085 for r8furbi8hment- exctuding refurbt8hment the unrestrktsd funds costs £425,108]. Allocatlon of •upport colts B#is of alb(¥tlon Nurnery Total support ct fadlllles hlrn GotrBman<x Wages & sal8rle8 D8pr8ciation Offi costs P8n8ion contributirms All Nurg•ry S•• b•ltr 3,284 58,496 5,687 100,622 4,041 3,284 58,850 5.721 101,229 4,085 354 S•• b•1 Ixlow 24 172,130 1.019 173,149 Ba618 of allocatlon of costs = pro rata bawl on 8plIt ol Income Gov•rMnc• c¢xt• 2025 2024 Independent examineffs remuneratlon Legal fees 3250 13 3,284 3,073 Pa8e 18
Falth To8ther kn Leed5 11 Hnindal *•tthnwtsforthe Ye¥rEnded Ytst M4vth 2015 Notss to tho Flnanclal Statam•nts Year Endod 31st March 2025 N•t Income for th• year Not inGome18 stated after charglrq l (credltlng): 2025 Doprociation of tangible fixed asset8 (Galn) I loss on sale of tangible fixed assets 5.721 5,721 1,523 Indap•ndont •xamln•ts rnmun•r•tlon Independent examino¢8 rwnunwation amounts to an Independent examination fee of £3,250 (2024- £3.CQO). 10 Tru4tsM' and koy managThnt p•rnonn•l r•munoratlon and oxpen The trustees nelther recefved norwaived any remuneratlon durlng the year (2024 - £Nil). The trustees dld not hava any exp806 r8imburJed during the year <2024 - £NII ). 11 Staff co•ts and •mploy•a b•n•fft• The average monthly number of empk>ye88 and full tim8 eqUalent (FfE) durfw the year wa8 a8 follm: 2025 2025 2024 Number FfE FfE Nunib8r Charltable actlvlues Cthomance and management 16 11.5 17.5 12.5 19.5 13 21 14 The total stsff cc4ts and emptyes, bonefft8 w88 a8 foll(y•rd 2025 24 W8ge8 and 8alari08 Social 8ecurlty Defln contribution p8Mion Gosts 345,803 18,332 17,732 322,227 19,569 16,085 381,867 357,881 No employees received total emplwee beMfft8 (excluding employw pensk)n cost8) of m¢x• than £60,000. Pa8e 19
Falh Toythor In ioedsll rwnthlSt•t•menMfarthe Year Ended 3tst rth 2025 Not•s to the Flnanclal Statemonts Y•ar Endod 318t March 2025 12 Tanglblo Ilxed a8s•ts Fithr88 and Flttlngs 2025 Total Bulldtng Co8t or valuatnn: At 1 Aprll 2024 Addition8 Dlspxals 252.110 53.227 2,816 305,337 2,816 At 31 March 2026 252,110 58,043 308,153 Deprociation: At 1 Aprll 2024 Charyo for tho rnr Impalrnwil Ellmlnat•d on di8P08a18 53.279 879 53,279 5,721 5.042 At 31 March 25 5,042 53,958 59,000 Net book value". At 31 March 2Q4 252,110 (62) 252,058 At 31 Marth 2025 247,(8 2,080 249,153 The bulldlrYJ was bought In 2021 at a cost of £250,000 plu8 legal f888 and has not been revalued glnca. 13 Debtor8 2025 21Y24 Trade debtors Olher debtors Prepayments and accrued inccffie 1.192 2.929 13,178 6,399 14,388 9,328 14 Cr•dttorn: amount• falllng du• wllhln on• y•ar 2025 2024 Other Gf8dltor8 rua18 and defttr8d income 195 9.953 2.327 5,778 10,148 8.105
F•f(h Towhir In kn•di 11 HMnth15twt•mentsfartho YearEnded 31st 20ZS Notes to thg Flnanclal Statemonts Year Endod 31st March 2026 Fund reconclllatlon Unr••trlct•d lunds Balance at 01104r24. Income Expendlture Transf8r8 Balance St 31103r25 General Fund8 563,310 504,709 { 4tr2.193) 805. less NBV (252,058) 2.905 (249,153) 311,252 504,709 { 459,2881 356,673 R•8trlct•d fund• Balance at 01104r24 Income EXpndItUre Transfer¥ Baknce at 31103r25 LCC Deprw Area uplfft LCC - EYFFI LCC- EYPP 18,318 (16,316) 25,836 (20,636) 14,780 (7,981) 6,799 58,732 149,9331 6,799 Fund dMcrlptlon8 The unrestrtcted funds exceed the bwnd8 of our re8eTv08 policy to provide 3 to 6 months of operatiNJ expanditure [8.2 months], howeverwe have further work to do kn 2024r25, Includlro rnplacing th8 C system, replaclng tPft washer & dryer, replacing p* tabl88 in Little Star5, havlng storAgo bullt In Blg Star8 and additional planting in the garden, all of whlch 11 b• funded from the r880rve8. LCC Depthod Arna Upllft Providing enhanced fundlng for the nursery to help purcha88 8ducalional toy8 and axtra staff support for chlldren that need11 but hAV• no furKling in place yet LCC - Early Year• Fundlry For Inelu•lon IEYFFI) Provldlry fvrKllng to enable th8 nur8•ry to provide extra support for specmc chlldran wlth 8pedal educational LCC - Earfy Y•arn Pupll Pr•mlum (EYPPJ Providing fvndlng to enable the nursery to provlde targotod 8UPPOrt for childrnn identifvd by LCC as havlng educ8tlonal i88Ue8. P•ue 21
F•f(h Toyth•r In Leeds 11 HNAndDISt•tementsforthi Yiar Endod Mirch 2025 Nots• to th• Flnanclal Statoments Year End•d 31st March 2025 Analysh of not a•wt• b•tw•on fund• Unre8trlctal Deslgnated R88trlcted funds funds funds Total Fixed asBet6 C&"h and current assets Other currenl liabilities Credltors more than one year 249,153 388,821 { 10,148) 249,153 373,820 (10.148) 8,799 TolAI 805,828 6,799 612,825 17 Roconclllatlon of not Incom• to not ca•h fl¢ Inxn operatlng actlvltlo• 2024 Net Income tr the year irterest recelvable Refurblshment costs AcquISon of Assets Daprecl8tlon and Impalrment of tangible assets (Incre> I decre8se In debtors IncMs• l (decrease) In credltors 49,315 (4,651) 37,085 { 2,816) 5,721 (5,041) 47,827 (3,028) 17,466 (957) 1,523 (2,065) (8,674) Net cash flow from operating acbviti88 81,867 52,182 P•n•lon• and oth•r po•tsr•tlr•m•nt ben•fit8 a) Defined contrilwtion pnsion plan8 The chArfty operates a deffned contrlbullon penslon plan and conts1buted £17,732 In 2(r25 (2024- £16.085). The defined c¥)ntribution liability is all0Gat to unre8triGted fvnd8 and is Split acro88 the thitie8 as 8lThn in nots8 5 and 6. 22