Company Registration Number-03715169 (England and Wales> The Charity Registration Number is.. - 1085090 Community Regeneration Outreach Projects Limited Report and Accounts 31 March 2025 AEIH42M8 3011212025 COMPANIES HOUSE A07
Communlty Regeneration Outreach Projects Umited Report and accounts for the year ended 31 March 2025 Contents Page Charity Information Trustees. Annual Report Statement of directors, responsibilities Independent Examinerfs Report Funds Statements.. . Statement of Financial Activities Statement of Financial Activities - Prior Year statement Movements in funds Revenue Funds Fixed Asset funds Summary of funds Income and Expenditure account 10 13 14 15 15 15 16 17 Balance Sheet Notes to the account• 18 19
Communlty Regeneratlon Outreach Projects Llmited Company Registration Number - 03715169 Trustees. Annual Report for the year ended 31 March 2025 The Trustees present Iheir Report and Accounts for the year ended 31 March 2025, which also comprises the Directors, Report requirecl by the Companies Act 2006. Referonce and admbnistrative detai18 The charity name. The legal name of the charity is., - Community Regeneration Outreach Projects Limited The charl$ areas operatlon and UK chan'table reglstration. The charity is registered in England & Wales with the Charity Commission in England & Wales ICCEW) with charity number 1085090. Legal structure of the charlty The Charity is constituted as a company limited by guarantee, registered under the Companies Acts and it's governing document is a Memorandum and Articles of Association under company legislation. By operation of law all. trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation. The Iruslees are all individuals. The principal operating address. telephone number and email and web addr088 of the charity aro: _ Keyham Green Places, 163 Renown Street Plymouth. PL2 2DT Telephone 01752 569340 Emall: 1nfo@cropskgp.org.uk Website: htt s:Ilke ham reen lac88.co.uk The registered office of the charity for Companies Act purposes is the same as the operaling address shown above.
Community Regeneration Outreach Projects Limited Trustees. Annual Report for the year ended 31 March 2025 The Dlrectornrrru8tees in office on th• date the report was approved were:. J Etheridge- Chair P Keller - Secretary R Mitchell C Storer M Blackmore l Boyne 8 Brunel J Coles S Brookshaw K Tole
Community Regeneration Outreach Projects Limited Trustees. Annual Report for the year ended 31 March 2025 Objects and a¢tlvltles of the charlty The purposes of the charity as set out in its goveming document. The Charity is constituted as a company limited by guarantee, having no share capital, and is therefore governed by a Memorandum and Articles of Association. The directors ofthe company are also trustees of the Charity. Oroanlsation The Trustee's. a body of not le5S than two members, when are elected at the AGM, control the charity. A quorum of at least four Trustee's or one tenth of the total number of Trustee's, whichever is greater is required for the transaction of charity matters. New Trustee's are appointed by the Board of Trustee's al an Annual General Meeting and must retire at the next AGM where they can be reappointed. At each AGM, a third {or nearest whole number) of Trustee's should resign. This resignation will be generally by rolalion with the longest sep4ing Trustee resigning first. If there is a dispute, resignations will be decided by lots. The governing documents restrict the charity to the furtherance of it objectives. The charity is organised by an independent association of local residenls with a managing commitlee of Trustee's and members. Only Trustee's have voting rights. Achi•v•m•nt and Performance: The year ended 31 $1 March 2025 shows total income of £67,156. The company incurred expenditure of £73.264. An analysis of thal expenditure can be obtained from the Detailed Statements of Financial Activities on pages 8 to 16.
Community Regeneration Outreach Projects Limited Trustees, Annual Report for the year ended 31 March 2025 Current Projects.. The building of the Keyham Green Places Community Centre has met a significant need within the area be providing a community owned venue that provides educational, social and leisure activities for all members of the community. The centre has increased ils members and use this year with more partnership working with other organisations. Continued use our our busy food bank, youth services and men's shed projects in particular. Educatlonlrecreational: The local community have been able to attend a variety of activities to improve heaSth, fitness and improve community engagement. This includes.. Workers Educational Association {WEA> who have been delivering watercolour painting classes and sewing classes The Eldertree offers gentle exercises for people over SO which is well attended each week. This helps reduce isolation improve self-esteem and contribute general mental health. This year the centre has also provided youth activities thanks to the support of various partners 8nd funders inclusive Babcock and CROPS reserves. The Well-being Warriors also provided us bespoke youth provision. Plymouth City Council helped with polling activities and our food bank. We used micro allotments for use of the public to grow food. The centre has had a variety of indoor and outdoor activities for young people to engage in, Local schools ulilised our gardens and forest path. Micro allotments used by the public to grow food and also extra food donated from this lo the food bank. North Yard Community Trust helped us with our foodbank costs as did our own crowdfunder. This has served over 100 people a week in need of food. The Peoples Health Trust funded our Men's Shed Project and lots of smaller donations helped our charity through the year. A big thank you to all funders and those who donated money or and time this year. Alexandra Park: Crops have continued to support Alexandra Park for the Memorial service and the local community came back to the centre for refreshments. Other Activities: Have included but not exclusively.. School visits, Pilates, Eldertree group, watercolour group, martial arts, free 50up and chat, men's shed project, Well-being Warriors, food bank, Keyham Krafties, martial arts. adults yoga, youth group, bingo and parties.
Community Regeneration Outreach Projects Limited Trustees. Annual Report for the year ended 31 March 202S Financlal Situation. The main priority for CROPS remains, to keep the Centre open for the local community. We still have one part-time self employed manager, men's shed project manager and 4 youth workers employed. With the remaining work carried out by volunteers and the Board of Trustee's. This has helped reduce our expenditure considerably and has put us in a strong position for next year. Volunteers We would like lo thank all our volunteers and Trustees at CROPS that have given their time, dedication and support to enable CROPS to continue to support the local community. We also would like to thank the Royal Navy for their continued support in supplying volunteers to help with the gardens, repairs and renewals of the community centre.. Investment Policy Funds held by the charity in bank accounts are, at all times, already allocated for a specific purpose5 or purposes. Funding may be received as a lump sum or over a period of lime, bul all funding is used for the purposes for which it was originally given and therefore cannot be invested anywhere else. All income from the activities of the centre is put into running costs for the benefit of the whole of the community Keyham. Risk management The Charity is aware of the various risks to which it may be subjected and documented systems are in place to deal with them. Directors and Trustees All Directors of the company are also trustees of the charity, and there are no other trustees. Restricted Funds Funder Babcock Youth Donation RF CLEANUP UK RF Food Bank Crowdfunder 24 RF Neighbourly Christma5 Events RF Neighbourly Southern Coop winter Fund for food RF North Yard Community Trust RF PCC Christmas Events 24 RF Peoples Health Trust - Men's Shed RF Plymouth City Council Councillors Foodbank RF Plymouth City Council Warm Spaces RF Plymouth Community Homes RF Solar Panel Project RF Total (Restricted Funds) Amount £1,000.00 £300.00 £7,230.99 £230.00 £1,500.00 £7,134.40 £350.00 £8,363.00 £128.24 £4,250.00 £1,000.00 £13,400.00 £44.886.63
Community Regeneration Outreach Projects Limited Trustees. Annual Report for tha year ended 31 March 2026 Financial review The charity s financlal position at the end of the year ended 31 March 2025 The company has been operating at full capacity throughout the financial year. The financial position of the charity at 31 March 2025 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows.. 2025 2024 Net {exp6nditure>llncomo (6,109) 5,723 Unrestricted Revenue Funds available for the general purposes of the charity Designated Fixed Asset Funds Total Unrestricted Funds 7,805 11.213 Restricted Revenue Funds Restricted Fixed Asset Funds Total Restricted Funds 30,106 35,365 30,106 35,365 Total Funds 43.461 49,570
Community Regeneration Outreach Projects Limited Trustee8' Annual Report for the year ended 31 March 2025 Details of The Independent Examiner Merlin Mbahin, FA4T, MIP of Clear Blue Sky Accountancy 30B City Business Park Somerset Place Plymoulh PL3 4BB
Community Regeneration Outreach Projects Limited Trustees. Annual Report for the year ended 31 March 2025 Statement of the Directors. and Trustees, Re8ponslbilities The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charilies Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicil requirement in the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005. in view ofthe fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them lo follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as al the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to'.- to prepare the accounts in accordance wilh United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) select suitable accounting policies and apply them consistently; - make judgements and estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business., state whether applicable accounting standards and statements of recommended practice have been followed. subject to any material departures disclosed and explained in the financial statements; The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year. The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transaclions and enable them to ensure thal the financial statements comply wilh the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding ihe assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregulafilies.
Community Regeneration Outreach Projects Limited Trustee8' Annual Report for the year ended 31 March 2025 The Trustees are also responsible for the contents of the Trustees. report, and the statutory responsibility of the Independent Examiner in relation to the Trustees, report is limited to examining the report and ensuring that . on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements. Method of preparation of accounts - Small company provisions The financial slatements are set oul on pages 13 to 33. The financial statements have been prepared implementing the FRS 102 SORP Istalemenl of Recommended Practice for Accounting and Reporting by Charities) 2015, las amended by the Bulletin issued in February 2016), (The SORP), and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) These financial statements have been prepared in accordanc8 With the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies, regime. This report was approved on behalf of the board of trustees. hai f Trustees - Direc 99-1 Dated
Community Regeneration Outreach Projects Limited Report of the Independent Examiner to the Trustees of the charitable company on the accounts for the year ended 31 March 2025 I report to the Trustees on my examination of the financial statements of the charitable company on pages 18 to 38 for the year ended 31 March 2025 which have been prepared in accordance with the Charities Act 2011 {Ihe Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP {Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), published by the Charity Commission in England & Wales ICCEW), and under the historical cost convention and the accountin9 policies set out on page 19. Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report As described on page 8, you, the charitable company's Trustees. who are also the Directors of the Company for the purposes of Company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006, the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view. The Trustees consider that the audit requirement of Section 14411) of the Charilies Act 2011 {the Act) does not apply, and that there is no requiremenl in the memorandum and articles of the charity for the conducling of an audit, and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to Section 476 01 the Companies Act 2006. As a consequence, the Trustees have elected that th8 financial statements be subject to independent examination. Having satisfied myself that Ihe financial slalemenls are not required lo be audited under any legal provision. or olherwise, and are eligible for independent examination, it is my responsibility to.. a) examine the financial statements of the charity under Section 145 of the Act., b)follow the applicable procedures in the Directions gNen by the Charity Commission under section 145{5){b) of the Act. 10
Community Rogeneration Outreach Projectg Lirnited Basis of Independent Examinerfs Statement and scope of work undertaken I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b> of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charitable company and of the accounting systems employed by the charitable company and comparison of the financial statements presented with those records. 11 also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant lo the amounts and disclosures made, the financial statements comply with the SORP. The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected lo audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide Consequently. I do not express an audit opinion on the view given by the financial statements, and in particular. l expres5 no opinion as to whether the financial slalements give a true and fair view of the affairs of the charity, and my r8POrt is limited to the matters set out in the statement below.
Community Regeneration Outreach Projects Limited I planned and performed my examination so as to satisfy myself that the objectives of the independent examinalion are achieved and before finalising the report l obtained written assurances from the Trustees of all material matters. Independent Examiner's Statemant, Report and Opinion Subject to the limitations upon the scope of my work as detailed above. I have Completed my examination.. and can confirm that.. The accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006., This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5){b) of the Act which may be applicable., and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by Section 386 of the Companies Act 2006 and Section 130 of The Charities Act 2011., Ihe financial statements do not accord with those records., or the financial statements do not comply with the applicable requirements concerning the form and content of accounts sel out in section 396 of the Companies Act 2006 other Ihan any requirement thal the accounts give a 'true and fair, view, which is not a matter considered as part of an independent examination., have not been prepared in accordance with the rnelhods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Signed: Merlin Mbahin- Independent Examiner Accountant 30B City Business Park Plymouth PL3 4BB This report was signed on. i 9/11/2 12
Community Rageneration Outreach Projects Lirnited Statement of Financial Activities for the year ended 31 March 2025 Statement of Flnancial Activitles (Including the Income and Expenditure Account lor the yearended 31 March 2025, as requlred by the Companles Act 2006) SORP Currenl y••r Unr•strict•d FuTrJ$ Ctsrr•Ni year R•8tricted Fund$ Current yèar Total FuTrJs PrforY8ar Tol•l Futxls 2025 2025 2025 2024 IncaM• & Endowm•nts from: Oonations & Lega(Jes Chafilable activities Other trading aClivi.eS Total Incorn• A1 7.188 3,699 11.382 22,229 7.188 48,586 11.382 67,156 3.440 51.360 11.842 66,642 44,887 A3 44,887 Expèndilur• on: Raising funds Charilable aclivilte• Bl 82 23,119 50,146 73,284 60,919 Total •xp•ndbturn 23,119 50.146 73.264 60,918 N•t Incom• lor ¢h• y•ar 18501 15,2691 16,1091 5.723 Tran8l•rs be¢•n fvnd$ N•t IncotTh• Aft•r tr•Th•l•r• A-e< 18501 15,2591 16,109} 5.723 N•t mov•m¢n¢ In lund8 18501 15,2591 16.109} 3,723 R•¢onclll•llon ol lund•: Total fvndo broy9ht Iotward 14.205 35.365 49.570 43,847 Total fvnds ¢aTrl•d lovward 13.355 30.106 43,461 49,570 The 'SORP Rel indicated above the classification ol income sel out in the lormal SORP documents. As required by para9raph 4.60 ollhe SORP. Ihe broughl fOard and carried lOard funds above have been agreed lo Ihe Balance Sheet. A separate Slalement of Tolal RenISed Gairbs and Losses is nol requifed as this $14temenl IludeS all re¢ogni$ed gains and losse8. All activities derive from continuing operation5. The notes attached on pages 19 to 33 form aD lTrte9r•l part ofth•$• accoun18. 13
Community Regeneration Outreach Projects Limited Statement of Financial Activities for the year ended 31 March 2025 Community Regeneration Outreach Projects Limited - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP. Pdof Y••r Prlor Y••r Total Fund• R•6trlctod Funds R•f Unr¥•trbctsd Ftsftd8 2024 2024 2024 In¢om• from: Donations & Legacies Charitable activils Oiher irading 4divilie8 Investments A1 544 11,842 50.816 51,360 11,842 A3 Tot•1 Incom• 16,456 50.816 66,642 Exp•ndltur• i)n: Raising funds Chafilable activities Bl B2 16,893 44,026 60.919 Tot•1 •xp•ndltur• 16.893 44,026 60,919 Net {expgndituroyincomo for the y••r 11,067) 6,790 5.723 Tr•rf•r• b•lw••n lund• N•t Incomg •ft•r transforn 11.0671 6.790 5,723 N•t movement In lunds 11,0671 6.790 5,723 R•conclll•tloTh of fitnds: . Total funds brought lor•vard 15,272 28.575 43.847 Total lunds carrl•d foThvard 14.205 35,365 4•,570 All actlvltles derlve from continulng 0rItiONS. A separate Slalement of Tolal Reco9nised Gains and Losses is nol reouire(l as this slalemenl includes all recognised gains and losses., The not•s attach•d on pag•• 19 to 33 lorni •n Integral part of th•sè accounts. 14
Community Regeneration Outreach Projects Limited ststement of Financial Activities for the year endod 31 March 2025 Community Regeneration Outreach Projects Limited - Resources applied in th• year ended 31 March 2024 towards fixed assets for Charity use:. 2025 2024 Fur$ generated in the year as dei#iled in the SCFA R&$our¢e$ 8pplied on lun¢tional fixeil assets 111,6591 5.550 2.731 2,992 N•1 resour¢•• •vallbl• to lund ch•rltsbl• a¢VItIeS The resour¢¢s on fixd •$sds for charity Lise fepfesenls the CA1 of addit¢on$. Pllovemonts In revonue and capltal funds for the year •ndod 31 March 2025 R•v•nug accumulated funds UntrIcId Fund• 2025 R•gtrfjct•d Fund• 2025 Total Fund8 2025 Last y•gr Tot•1 Fund• 2024 Accumulated luncls broughl fomard 11,213 35.365 46,578 40,855 R¢¢ognl$ed gains •nd lo$s•s b•lor• trarofer$ 13.4081 15,2591 18,6671 6,119 7,805 30.106 37,911 40,578 (From)0 unre$tri¢led reven funds Clo•lng rov•nu• lund• 7,805 30,106 37,911 58.148 Flx•d a¥s•l fundj D•$lgn•t?d R••trlct•d Funds Fund$ 2025 2025 T¢•1 L••t y••r Tht*l Flind• 2024 2025 At 1 Apfll Transler Itoyfrom revenue lunds 2,992 2,992 2,558 3,388 At 31 March 5,550 5,550 3,388 Ttt• purposes of the Ifanslers lo fixed 8sset fund$ •re descri in Nol• 20 lo the 8cccwnl$ and under Ihe •c¢ounling policy Accounling lor capilal grants and fixed asset lunds.. Th• notes alla¢h•d on pag9$ 19 to 33 form an integral part of these accounts. 15
Community Regeneration Outreach Projects Limited Statement of Financial Activities for tho year ended 31 March 2025 Summary of funds Unrostrictsd Restrictèd and Funds 008ignatsd funds 2025 Total Funds Last Year T¢)tal Funds 2025 2025 2024 Revenue aclmu1#*d fvnds 7.805 30,106 37.911 46,578 Revenue designated lunds Fixed &88•t ftsnds 5.550 4,943 Total fund 13,335 30,106 43,461 49,570 Th• notes atts¢h•d on pag•s 19 to 33 fomi an Inlegr•l part of tho$• accounts. 16
Community Regeneration OUta¢h Proje¢ts Limitsd Statement of Financial Activities for the year ended 31 March 2025 Communlty Regeneratlon Outreach Projects Limited Income and Expenditure Account for the year ended 31 March 2025 as required by the Companies Act 2006 2025 2024 In¢om• Income from operationo 67,156 66,642 Inve8lmenl incomg Interest Ceivab Gio$8 Incomo In th• y••r bofor••x¢optlonal It•ms 67,156 66,642 Gros• Incom• In th• y••r In¢ludlng •xc•ptlon•l it•m• Expendllure Charitable expendibjre. excludin9 depreciallon and amorti881ion Stall cosls Oepreciallon gnd amortizallon Totsl •xp•ndi¢ure in th• y•ar 41,978 30,948 338 33,192 11,431 All activities derive from continuing operations In accortlance wlth Ihe provisions ol the Companies Acl 2006, Ihe headings and Subheadings used In the Income
nd Expenditure accounl have been 8dapled lo reliect Ihe speci81 ngture ol the charity's activillo8.
The note8 attached on pages 19 to 33 fonn an integral part of these accounts. 17
Commun•ty Regeneratlon Outreach Projects Limlted - Balance Sheet as at 31 March 202S SORP Note Rel 2025 2024 Fix•d a880ts Tangible assets 5.550 2,992 Current assets Deblo Cash at bank and in hand 10 B2 525 38.736 1,113 46,665 Total current assets 39.261 47,778 Creditorn: amounts falling du• within on• ygar 11 C1 Net Current Assets 37.911 46.578 Total 488•ts of the charlty 43A61 49,570 Totsl 088•ts of the charity are funded by the fvnds of the charity, 08 follow•: . Restricted funds Reslricled Revenue Funds Re$lricled Fixed Asset Funds 17 D2 17 02 30,106 35,365 30,106 35,365 Unrestricted Funds Unfeslricted Revenue Funds D••lgnated Fund• Designated Fixed A$8et Funds 17 03 13,355 14,205 Total charlty funds The 'SORP Rel indicated abov? is the classification of Balance Sheet items as Sel out in the formal SORP documents. As qUired by paragraph 4,60 of the SORP, the brought forward and carried foNard funds abov& have been agreed lo the SOFA. The directors aro satisfiod that the rMpanY 1$ enlilled lo exemption from tha requirement lo obtain an audit under $o¢lion 477 of the Companies Act 2006. The member5 have not required the company lo oblain an audit in accordance with section 476 of the Act. The direclots acknowledge their SponSibl1111es for complying with the requirements of the Companies Act 2006 with respecl lo accounting records and the preparation of accounls. The Charity is subject to Independent Examination under charity *islation, and the report of the Independent Examiner is on page 10. The financial statements have been prepared In accordance with the provision5 in Part 15 of the Companies Act 2006. appIable lo companies subject to Ihe small MpanIeS. fegime, hair Truslees - Director Approved by the board ol trustee8 on Th• notes allached on 9•8 19 to 33 form an intggrol part of these accounts. 18
Community Regeneration Outreach Projects Limited Notes to the Accounts for the year ènded 31 March 2025 1 Accountlng policie• Policies relating to the production of the accounts. Basls of prepar4llon and •¢¢ounting ¢onvontio The antS have been prepad on the accruals basi5, under IhB hisiori¢al cost ¢onvenlion, and in accordance wilh Ihe Financial Reporting Standard 102. (effective 151 January 2016} and 'FRS 102 SORP (Statemenl of Recommend¢d Praclice lor Accounting and Reporling by Charit1è5) 2015, {as amended by the Bulletin iSsLd in February 20161, (The SORPI, published by Ihe Charity Commission bn Eng18nd & Vvales ICCEWI , effecbve January 2016, , and in 8¢wdan¢e with all applicable law in the charity's jurisilictitsn of reoi$tration, except Ihat the charity has prepared the fin8nci81 stalemenls in accordane• with the FRS 102 SORP Istalemenl of Recommended Pra¢li¢e for A¢¢ouniing ond Reportlng by Chariliesl 2015, las amended by the Bulletin issued in February 20181, Ifhe SORP}. In prelerenc8 lo the prevSoug SORP. Ihe SORP 2005, which has been withdrawn. notwilh5tandin9 the fact Ihal Ilw extant $latulory regulations, the Chanlies (Aexounts and Reportsl RegulatIor 2C(J8 reler txpli¢ilty to th• SORP 200S. Thi'$ has been dorn to Accord wil ¢urrenl best prath"c4. Followlng accouTrtln9 pollcl• In place prlor to th• 30RP 2015 Under the SORP 2015, where Ilre is no specific requirement ID adopt a particular a¢uNting requirement, 8 charity may follow their exisling accounting policies Provided that the polity aThJ related disdosures made are consistent with a¢¢epl8d a¢counlirrfJ practice. This charity has derjded that the accountin9 policies vthiL it followed prior to the SORP 2015 shall contin to b• lollowed. Rl•k• •nd lutur• •••umptlon• The charity is • publi¢ bgnefit entity. There 8re no m•ierial iud9&mnl3. •port Irom those involving eslim8tions, Ihat m•n•gement ho$ mod• in lh8 process ol applying Ihe entity's 8ccounllng policies Ihal have •ny SnIfiCaNt on th• Amol1$ fecognl88d In the •ccountL4 ex¢epl those relating lo the chosen rale5 of fixed assel depreci8lion. There are no key assumplions, other than the goi cor¢cern basi5, conceming the future, and olher key sources ol eslimation uncertainly al Ihe reporting date that have a significant risk of causin9 8 material adjustment to the carrying amounls of asse15 and Ibabililies wilhin n•xt reporting pertod. Pollcl•s relating to categorfes olln¢ome and Income recognltlon. NJtur• of in¢om• Gro$$ Incom• r•pr•s•nl$ th8 val, nel of valué added tx and discoun. ol goctyas provided lo ¢u$lom•rs and work carr¢ed out in re$pect ol services provided Io cu5toffors. Categorle$ tst Income Income Is categorised as income frtsm ex¢harwJe transactions {contracl incom•} and Ir from rn4x4nlle Iransactions (911151. inveslmenl nme and olher income. Income from exchange tr•n$•¢tlon$ is received by the charity for goods of services supplied Under ¢ontracl w where enlitlement is subject to lulfilliry performance ated condilion3. Ttr in¢ome Ihe Charity CeiVeS is approximalely equal in value to the gocxjs or service5 supplied by the charrty to the purchaser. Incom9 from J non-exchange transaction is where Ihe charity recEives value from Ihe (lonor wilhoui providirvJ equ•l Volue in exchange, 8nd includes donalions of money, good$ 8nd $eThices Ireely given ¥hOut giving eqval value in exchanga. 19
Communlty Regeneration Outreach Projects Llmited Notes to the Accounts for the year endèd 31 March 2025 In¢om• r•cognltlon Income, whether from exchange or non exchènge Iransaclions. is reeognised in the Statement of finanaal activities ISOFAI on a receivable basis, when a transaclion or olher e¥enl resutts in an increase in the charity's assets or * reduction in ils liabililies and onty when the charity ha5 le9al entitlement. the income is probable and can be measured liably. Income subject lo lemts and conditth?s which must be mel belore the chaiity is enlilled lo Ihe resources is not recognised unlil Ihe conditions have been mel. All incorne is accounled forgross, belore deducting any related fees Of CO81s. R•stritod Proi•cts When donors specify thai Ihe granls given lo Ihe charity musl be used for a speufic purpose the funds for these projects gre reslricled and accounled for Js such, Al the end of a specific project a surplus ol defiul balance may be transferd lo unreslricled general funds at Ihe discrtllon of the Iruslee's and if perrnitted by the funds. Pollcles rel•tlng to •xp•ndlturn on good$ and seThlc•s pmvld•d to the charlty. Recognltion ol Ilabllltl•• and expendlturo A liabilily, and the related expendrture. is recognised when a legal or constructive obligation exi81s as a o8uII ol a po51 event, and when il is more Ilkely than not Ihal a transfer ol economic benefits will be required in Selllemenl, an(1 when Ihe amounl ol the obligalion can be measured or reliably estimated.. Liobililies arising from lulufe funding commilmenls and con$lru¢live obligations. induding perfomance related grants, where the liming or the amounl of Ihe lulure expendllure required lo seitle Ihe obli9alion are uncertain. give rise to provision in Ihe account$, which IB vIeWed ai Ihe accounting year end. The provision is Inc8$8 lo reflect any increases in liabilities and is decreased by thè ulilisalion of any provision within the period and reversed if any provision is no longer required. These movements are charged or Cfediled lo the respeclive funds and activilies lo vthich the provision relales. Alloc•ting costs to &Ctivi11•8 Direct costs Ihal are specifically relaled lo an activily are allocated lo Ih81 actlvlty. Shared direa ¢0918 and support ¢o$i$ a apportloned between actlvllles. The basis for apporlionmenl. which is consislently applied, artd proportionale lo the circumstances, is... 01cl Charitable Expenditure 75% Mana9emenl and Adminislrallon 25% Volunt¢ers In accordance wilh the SORP, and in fecognllion ol Ihe dlfficulties In pla¢ing a monelary v•lue on Ihe eontribulion from volunleers, the conlribulion of volunteers is not included wthin the income ol the thafily. However, Ihe Iruslees value the significant conlribulion made lo Ihe activities oflhe tharity by unpaid volunteers and this is described more lulty in Nole 6, 20
Community Regeneration Outreach Projects Limited Notes to tha Accounts for the year ended 31 March 202S Poll¢i•s rel•ting ¢0 assets, li•bilitie$ andpmvislons and other mattern. rangibl• fixéd ass•ts Tangible fixed assels a meaSUd al Ihelr original cost value, or subsequent ValUatIon, or If donated, as described above. Cosl value indudes all cosls expended in bringing the asset into ils intended workirtg condition. Depreciation has been provided al the lollowing rates in order to write off the a8sel8 lo their antie4pated residual value ave esiimale¢J useful lives. Leasehold property Fixture and Fillings compuleqU1prn?nt No Depreualion 1 S% reducing balance 33.33% reducing balance A gUlar annual review ol the likel.hood of asset imp8Srmenl is undertaken. Accountlng lor capit•l grant¥ and Ilx•d ••$•t lunds. The board ol Irvslees consider Ihal , in order lo comply th the Sl8lemenl ol Recommended Pfacbce lor Accounting and Reporting i98ued by the Charity Commlssioners for England & W81es Irevised June 20081. gift8 01 langible fixed assels or granis ol a capital nalure gwen for Specific purposes and lully ulilised in the furtherance of the objecls ol ihè chafity should be cre¢Jiled io Ihe celevant fixed asset fund after the sums have Ixen property expended on Ihe feslriJed purpose. The related asset Is shown in Ihe balance sheel al the full cost ol acqvisilion or sub8equenl ValUall0n. If a$$ei$ ao purchased wilh unstricted funds, then a designated fixed asset fund 58 crealed, If the relaled 85$815 are sublecl lo reslriclion5 by the grant maklng 01$411¢n on their use and disposal, then Ihese reslriclions are noled in the fixed as$el seclion of these accounls. In such cirtumslances, the fixed assel fund created is Ireated as a resirided fixed asset fund. DuriNJ the year there was 8 Ir8ngfer lo reslride<l fixed osset lunds of £nil {2024 - ÉrAI in accot(larKe with this policy.) 11 the lated assets are nol svty'ect lo reslriclions by the grant making organisation on their use and disposal, Ihen the fixed asset fund creal•<l Is Irealed as a dosignaled fixe(l asset lund. The effeci of this Irealmeni 1$ that the sum of the deslgnaled and reslricted fixed assel funds equals the nel book value of the fixed assets. Any residual li¥bility lo the donor arising from, for example, Ihe assel's future sale, ij disdosed as a conlingenl liability unless Ihe event Ihat would Ifigger repaymenl of Ihe grant becomes probable In which case a liability for repayment18 recLwni5ed. Insofar as Ihls policy relates lo Govemment granls and lo the extent thal it may be i departure from the Staternent ol Standard Accounlir@ Praclice Number 4. such departure is justified on the ba$15 that it 15 in order lo mplY with the Slalement ol Recommended Practice lor Accounting and Reporting (revised 2008) issued by ihe Charity Commtssioner8 for England & Wale5. 21
Community Regeneration Outreach Projects Limited Notes to the Accounts for the year ended 31 March 2025 D•btors Debtors are measured at Iheir recoverable amounts at the balante sheet dale. Cr•dltorn and provl8lons clIOrS and provisions are measured on the conventional accnJals I$1$. P•nslons- d•finod ¢ontrlbutlon schom•s The charity operates a defined conlribulion penslon Scheme. Conlnbulions are charged lo the profil aNJ10s9 account ¥s they become payable in a¢¢ordanee wilh Ihe rules ol the $¢heme. Fund Accounting Unfeslflcled funds are available for use al the discfelion ollhe lryslee8 in lurlherance of Ihe general objectivès of the chanty. Oe8vJnaled lund8 are unfeslricied fund5 eamathed by the Ttee8 lor partilar purpos•8. Reslricle(I fLJn(Js are subjected lo reslriclions on their expendilure impowl ty the donor or Ihrou9h Ihe lerms of an appeal or as implied by law. 2 Ll*blllty to tax3tlon The Truslee5 consider Ihal the charity 3ati$fie$ the lests sel in Paragraph I Schedule 6 of the Finance Acl 2010 lor UK Cofporatlgn lax purposes. Accordingly, the Charity is polenlially exempl Irom laxalion in respect ol income or capital gains received wlhin calegories covered by thapler 3 part 11 of the Corporalion Tax Acl 2010 or Section 256 01 the Taxation of Chargeable Gains Act 1992, lo Ihe exient that such Income or gains 8fe applied exclusivety on the speelfic charitable objects ol the charity and lor no other purpos8. Value Added Tax is not recoverable by Ihe ¢hariiy, and is thefOre induded in the relevant eosts in the Slalemenl ol Financial Adivilies 3 Wlndlng up OTdl¥•olutlon ofth• chaflty If upon w(nding up or dissolution ol the charity the remain any Jssets, after Ihe salislactioft ol all debts and li8bilities, the assas fepresenled by Ihe accumulated lund shall be transferred to some other charitable body or bojies having similor obj'ecls lo Iht charity. 4 Signlficanc• of financial Instrum•nts to the Charity's position There are no fin8naal in81rumenls with signific8nl implications for Ihe charlty's ffinanclbl POBNion. S N•t Ideficitllsurplus before tax In th• flnan¢lal y¢ar 2025 2024 Nel IdeficilysLKplu$ before lax in the financial year is slated after charging.. DepcIall0n ol owned fixed assets 397 Pension costs 6 The contrlbutlon of voluntoer• Volunteers from our local community make a vital contribution to our charilable org3nisalion al various levels as well as supporting the stalf in various other ways lo deliver the fi(sl-class flexible service Ihal we offer to OLJr customers. 22
Community Regeneration Outreach Projects Limited Notes to the Accounts for the year ended 31 March 2025 7 Staff Costs and •moluments Salary¢osts 2025 2024 Salaries excluding InJslee5 and key managemeni pernonnel 30,948 11,431 Total •alarieJ. wa9 Jnd i•l•tsd ¢08ts 2025 2024 Numbers olluiithn• •mployees orfvll.tlme •qui¥•l•nts The aver8ge number 0110181 full time equlvalenl slaff employed In1 year wa8 rh• •stlm•t•d •quivalent numb•r oflull tlm• staff d•ploy•d in diffwent•¢tl¥lrl•s In th• y•ar w•s.'. Engaged on charilable aclivilies Engaged on management and adminislralion Th• esilm•l•d lull tlm• •qulv•l•nt number ol•ll st•ff •mploy•d•¥ •bov• Neither the Iru$lees nor any persons connected wih Ihem have received any remuneration from the charity or any laled enlity, erthef in the currenl or prior year. No employees rec6iv•d •molumenls (excludlng pension coslsl in exc•ss 01 £60,000 per annum. 8 Defin•d contr6butlon pension schem•8 The charity operales a defined conlfibulion pension scheme, the cosls olvthich are shovm above. Any liabililes and as¥el$ 8$gociaied with the Scheme are shown under debtors #nd eredilors. 23
Community Regeneration Outreach Projects Limited Notes to the Accounts for tho year andad 21 March 2025 9 Tan9iblo fixed assets Land and 8uilding• Flxtur¢ & Fltting• Total At 1 April 2024 Additions 7,373 2,89S 7,374 2,89S At 31 March 202S 26 10 D•pr•cl•llon Al 1 April 2024 Charge for Ihe year 4,380 338 At 31 M4r¢h 2025 4.718 4.710 Nel book v•lut At 31 March 2025 5,550 Al 31 March 2024 1992 2.992 Inv•slm*nl woperties rented lo Bnother group enlity have been 8ccounled for usiry Ihe tost model, Tts urrylng v•1 of these inve$imenl properties induded within langible fixed Jssels is £112024 - £11 10 Deblorn 202S 2024 Trade debl¢xs 525 525 1,113 1.113 Cr•dltorn: amounts f¥lllng due wlthln on• yo•r 11 Accrual• 1,350 1.350 1,2QO 24
Community Regeneration Outreach Projects Limited Notes to tho Accounts for the year andgd 31 March 2025 12 Pension commitments 2025 2024 Pension Commitments urKler defined contribution schemes wilhin one year 13 Financial commitrnents under op•ratlng leas•s 2025 2024 At thè y•Jr •nd lh• ¢h•rlty had no •nnu•l ¢ommltffl•nl• und•r non.un¢•ll•bl• operatin9 l•a$eJ ag ool oul bo10w'. Operaling lea5eS'. 14 Income and Exp•ndlture account and charltable lund8 Summary 2025 2024 At l Aprll 2024 Prior ye8r ¥djInnl1 At 1 April 2024 Los6llSurplus ofter l•x for th• 49,570 43,847 49,570 43,847 16.1091 5,723 At 31 M•r¢h 2024 43.461 49,570 15 No felated party transa¢tson• Theie were no transaction5 wlh related p8rtie$ in either 2025 or 2025. 16 P•rtl¢ular• of how partlcullr fund• ar• r•pr08•nlod by as•et• and Ilabilltlt•. At 31 March 2025 Unr••1rf•d Total Fund• nd¥ fund• T•ngibl8 Flxed Assets Current Assels Currenl Liabililies S,SS0 9,155 (1,3501 5.550 39,261 11.3501 30.106 Al 1 Aprll 2024 Vnf•blrtct•d luTrJs Dwgrt•t•d TotAI funda Funds Tangible Fix811 Assets Currenl Ass8tS Cufrenl Lia111 2,992 12,413 11,2001 2,992 47,778 11.200 35.365 14.205 35.365 49,570 25
Community Regeneration Outreach Projects Limited Notes to the Accounts for the year ended 31 March 2025 17 Change in total funds over the year as shown in Note 16. analysed by individual funds Fun48 brought Movem•nt forw•rd from fuhO• in 2023 Funds cgrrled lorard to TYan•l•rn 2023 btrhA••n funds in 2023 2024 S•• 19 S4• Nots 19 Unrestricted and d•slgnated lunds.'_ Unreslricled Revenue Funds Designated Fixed Asset Funds 11,213 2.992 13.4081 2.558 5,550 Tot•1 unr••trl¢t•d and d•¥lgn•thd lund• 14.205 18501 13,38S Restricl•d lunds... Restricted Fixed Asset Funds Rtstricied Revaluation Re8eNe ReslriGled Revenue Funds 35,365 15,2591 30.106 Total r•striclod funds 35.365 15,2591 30.106 Totsl charlty lund• 49.570 (6.1091 43,461 18 Analysis of movements in funds over the year a$ shown in Note 17 Oth•r Galns & Loss 2023 Incom• Exp•ndltur• nlo¥•m•nt In fund# 2023 2023 2023 Unr•sirkl•d and d•lynal•d fvnds... Unrestricted Revenue Funds 14,205 (8501 13.355 Desi9naled Fixed Assel Funds R•strlct•d funds... Re5tri¢ted Revenu8 Fund$ 35.365 15,259} 30.106 Resth'cled Flxed Assets Funds 49,570 16.1091 43.461 19 D•tsii• ol tranil•r8 betw••n fund• In th• year a• •hown In Note 17 The Iranslers shLh¥n in note 17 above are'.- 2023 Tollffoml Designated Fixed Assel Fund8 Tollfroml Reslricled Fixed Asset Fur*Js Nei ty•n$f•rs
Community Regeneration Outreach Projects Llmited Notes to the Accounts for the year ended 31 March 2025 20 The purposes forwhich the funds as detailed in note 17 are held by the charity are:. Unr•5trlcled d•$l9n•t•d lund•.'. These fund8 are held lor Ihe meeting the objectives ol the charlly, and lo provide reserves lor lulure aclivilies, and , subject lo charity legislation, are free from all restriciions on their use. Unreslficted RevenL Funds Designated Fixed A8881 Fund$ The purpose ofthese lunds is described under the accounting policy 'A¢counting lor c8pilal granls and fixed èssel lund8'. ReriCted lunds... Reslricled Fixed Asset Funds The purpose ol these lunds is descfibed under the accounling poli 'Accounbng for capital gran and fixed assei funds,. 21 Ultimate controlling paty The charity is under the control ol ils legal member8. Every member ol the charfty is obliged lo conlribule such amoLJnl as may be required not exceeding £110 the assels ol Ihe company in Ihe event ol ils being wound up while he or she is a member, or within one year after he or she cases lo bo a member. 27
Community Regeneration Outreach Projects Limited Delailed analy$i• of income and •xp¢nditure for the year ended 31 March 2025 •$ rvquired by the SORP 2015 This an81ysis is Classsild by conventional nominal descripiions 8nd not by activity. 22 Oonations and Legaclos Curr•nt yw Unr•$trl¢t•d Funds Curr•nt ymr R•8tri¢i•d Funds Curr•nt y••r Totsl Fundi Prlor Y•ar Tolal Fund8 2025 2025 2025 2024 D)n•tions and glfts from Individ1 Small donations iridividualty less than £1000 7.188 7.188 2.737 Tot•1 donatlon• and gifts from IndSvSdua 7,188 7,180 2,737 Tol•1 Don•tion• •nd L•qcl•• A1 23 Income from charitablo actlvltl89 Trading Activ13 Curr•nt y•ar Unr•irlel•d Funds 2025 Curr•nt y••r R••trlct•d Funds 2025 CuYr•nl y•ar 70ts1 Funds Prlor Y••r Total Funds 202$ 2024 Prlm•ry purpos• and anclllary tr•Olng Primary purpose Irading . Sale of goods and services in aOrdance with the ehaftty's oty'8cIs 3,699 3,699 2.737 Total Primary purpose and •ncillary trading 3,699 3.899 2,737 24 Totsl In¢om• from charltabl• •ctiviti•S Current year UNeslricle¢l Funds CuTh8nl year Reslri¢t80 FuThJs . Current year Total Fund$ Prior Year Tot¥1 FWMIS 2025 22,269 2025 2025 22,269 44,887 2024 15,826 50,816 Total lrtcomo from ¢h•rit¥ble trading Total Charilable income from fvnde 44.867 T¢)tal from ch•rltabl• a¢Uvlil•s A2 67,166 66,642 28
Community Regeneration Outreach Project8 Limited Detailed analysis ol income and oxpenditure for the year ended 31 March 2025 as required by the SORP 2015 25 Expendllure on charitsble act6vities - Direct spending Curr¢ni y•ar Unrestricted Funds Curr•ni y••r Restricted Funds 2025 Curranl y•ar Total Funds Prior Y•ar Total Funds 2025 2025 2024 Gross wages and salaries - charitable activits'es Temporary Staff - Charitable Activities Total dlr•ct 8pendlng 7,729 31 23.188 30.917 31 15,452 7,760 23,188 30.948 15,452 26 Experidlture on charltsble actlvltle8 - Charltable tradlng Curr•nt yr Unr•5tricted Funds Current yo•r R•8tvict¢d Fundj Currnnt year Tol•l Fun¢Sa Prior Year Tow Fund¥ 2025 2025 2023 2024 Costs of primary purpose and ancillary trading lo benefit beneffiuaries 7,317 21,952 29,269 13,733 Totsi ch•rit4bl• tradlng cost B2b 7,317 21.952 29.269 13.733 27 Expendlture on charltable actlvltle8- FundSng of acllvltle8 Cuirénl y*•r Unf•8lrlci•d Fund& Curr•nt y••r R•oiriclod Fynd• 2025 Current yur Total Fund• Prior Year Tolal Fund• 2025 2025 2024 Cost of fundraising activities & events Total Fundralslng ¢o•t8 82 28 Support costs for ¢harltable actlvilles Curr•nt y Unr•8trl¢i•d Funds Curr•nt y••r ft88trl¢ted Funds 2025 Curr•nl y1 Tol•l Funds Prfor Y•ar Total F[ 2025 2025 2024 Premises Expenses Rates and water charges Light heat and power Cleaning and waste management Premises repairs. renewals and maintenance Propety insurance 256 856 15S 896 117 767 2.570 465 2,689 350 1,023 3,426 620 3.585 467 855 4,615 323 1,753 1,307 29
Community Regeneration Outreach Projects Limlted Detalled analy81• ol Income and oxpendlturo for the year end•d 31 March 2025 a8 rnqulred by the SORP 2015 Admlnlstrative overheads Telephone, fax and intemet Stationery, postage and printiivj Membership subscripiion$ Computeur cosls Flnanclal costs Bank charges Depreciation for the year 778 1.037 239 961 179 722 160 240 109 338 Total support costs B2d 3,178 8,519 11.697 11,041 29 Oth•r Expendlturo - Governance ¢08t8 Curr•ni y••r Unre¥tri¢a•d FurKJ¥ 2025 Currnnt •T Restrt4 Funds 2025 CuTr•rt y••r Tot•l Funds Prfor Yur Totjl Fund8 2025 2024 Independent Examinerf8 fees Total Gov•rMnc• eosts B2• 30 Total Charitable expenditure Currenl year Unwestrled FurAJ$ Curronl y•ar Currenlyear Total Funds Pdor Year Tot•1 Fund8 Fund• 2026 2025 1020 2024 Total direct spending Total charilable trading costs Total Fundraising costs Total 8UPPOrt cnsts Total Governan costs B2a B2b B2c B2d B2• 7.737 7,317 23.211 21.952 34,89S 13,733 29.269 3,178 8.519 11.697 1.360 11,041 Total charllable •xp•ndltur•
Community Regeneration Outreach Projects Limited Detalled anaty$18 of Incomo and expendlture for the year ended 31 MAr¢h 2025 as requlred by the SORP 2025 31