REGISTERED COMPANY NUMBER: 04221787 (England and Wales) REGISTERED CHARITY NUMBER: 1088836
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
FOR
NEIGHBOURHOOD ELDER'S TEAM
SMH Group Audit 5 Westbrook Court Sharrow Vale Road Sheffield South Yorkshire S11 8YZ
NEIGHBOURHOOD ELDER'S TEAM
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 to 6 |
| Notes to the Financial Statements | 7 to 12 |
NEIGHBOURHOOD ELDER'S TEAM
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Neighbourhood Elders Team (also known as NET) is a registered charity and company limited by guarantee and is, therefore, governed by its memorandum and articles of association. It was incorporated on 22nd May 2001 under the Companies Act 1985 and became a registered charity on 10th October 2001. The charity's object and its principal activity is the relief of poverty, sickness and distress of elderly people and their carers in Garforth and the surrounding area. These objectives are achieved by the provision of a caring and befriending service, advice and guidance with the purpose of alleviating social exclusion and are carried out in such a way that maintains its Christian ethos. The trustees have had due regard to guidance published by the Charities Commission on public benefit.
ACHIEVEMENTS AND PERFORMANCE
This year has been one of consolidation and strengthening of NET's various activities supporting over 4000 clients and carers.
We continue to be overwhelmed by the support from our community, through food donations from major supermarkets to local businesses, individuals and organisations who have given financial support. NET is proud to be working with Leeds City Council and Voluntary Action Leeds to deliver community support under the Leeds Community Anchor Network Project.
In 2025 the NET senior choir gave an outstanding performance at the Rothwell Competitive Music Festival winning first prize.This is the third time they have taken the trophy. What a fabulous achievement and a wonderful evening was had by all.
We would also like to acknowledge all the work done with funders through positive collaborations with the following: Leeds Community Foundation, Leeds Healthcare NHS Trust, NHS Local Care Partnership LS25/26 NHS PCN Community Partnerships, Leeds Benevolent Society for Single Ladies and West Yorkshire Neighbourly Community.
Finally, NET wishes to express its heartfelt appreciation of the enormous effort of its staff and volunteers who have made a huge contribution to another successful year.
FINANCIAL REVIEW
Funding
The charity has sufficient funding in place to continue its support work for the foreseeable future.
Reserves
The policy aim of the management committee is to have unrestricted funds, which are not committed or invested in tangible fixed assets, sufficient to fund six months of the annual resources expended thereby enabling the charity to continue its activities in the event of a significant decrease in funding.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The trustees are responsible for the management of the charity and they have regular meetings to carry out this function. Trustees are appointed according to the procedures laid down in the Memorandum and Articles of Association. The charity now employs 8 members of staff who are supported by a team of around 290 volunteers who are recruited, trained and supervised by the volunteer co-ordinator.
Risk
The management committee consider that they have identified the major risk areas and have taken steps to mitigate them.
Page 1
NEIGHBOURHOOD ELDER'S TEAM
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
04221787 (England and Wales)
Registered Charity number
1088836
Registered office
Dover Street Garforth Leeds LS25 2LP
Trustees
P Ellis Director B Slack Director R Norcliffe Director C Marsland Director S Staniforth Director F Ingram Director S E Enzor Director O B Mcintosh Director C A Lucas Director
Company Secretary
P Ellis
Independent Examiner
SMH Group Audit 5 Westbrook Court Sharrow Vale Road Sheffield South Yorkshire S11 8YZ
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ P Ellis - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEIGHBOURHOOD ELDER'S TEAM
Independent examiner's report to the trustees of Neighbourhood Elder's Team ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
James Salim, FCCA
SMH Group Audit 5 Westbrook Court Sharrow Vale Road Sheffield South Yorkshire S11 8YZ
Date: .............................................
Page 3
NEIGHBOURHOOD ELDER'S TEAM
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 10,807 Charitable activities Project management 139,954 Investment income 3 6,918 Total 157,679 EXPENDITURE ON Charitable activities Project management 137,929 NET INCOME 19,750 RECONCILIATION OF FUNDS Total funds brought forward 182,803 TOTAL FUNDS CARRIED FORWARD 202,553 |
Restricted funds £ - 112,895 - 112,895 112,895 - - - |
2025 Total funds £ 10,807 252,849 6,918 270,574 250,824 19,750 182,803 202,553 |
2024 Total funds £ 6,228 289,861 8,537 304,626 301,156 3,470 179,333 182,803 |
|---|---|---|---|
The notes form part of these financial statements
Page 4
NEIGHBOURHOOD ELDER'S TEAM
BALANCE SHEET 31 DECEMBER 2025
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 8 2,623 CURRENT ASSETS Debtors 9 6,105 Cash at bank and in hand 243,505 249,610 CREDITORS Amounts falling due within one year 10 (49,680) NET CURRENT ASSETS 199,930 TOTAL ASSETS LESS CURRENT LIABILITIES 202,553 NET ASSETS 202,553 FUNDS 11 Unrestricted funds TOTAL FUNDS |
Restricted funds £ - - - - - - - - |
2025 Total funds £ 2,623 6,105 243,505 249,610 (49,680) 199,930 202,553 202,553 202,553 202,553 |
2024 Total funds £ 1,987 7,671 219,854 227,525 (46,709) 180,816 182,803 182,803 182,803 182,803 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 5
NEIGHBOURHOOD ELDER'S TEAM
BALANCE SHEET - continued
31 DECEMBER 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. P Ellis - Trustee
The notes form part of these financial statements
Page 6
NEIGHBOURHOOD ELDER'S TEAM
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on cost Fixtures and fittings - 33% on cost Computer equipment - 33% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 7
NEIGHBOURHOOD ELDER'S TEAM
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
2. DONATIONS AND LEGACIES
----- Start of picture text -----
||||
|---|---|---|
|2025|2024|
|£|£|
|Donations|10,807|6,228|
|INVESTMENT INCOME|
|2025|2024|
|£|£|
|Deposit account interest|6,918|8,537|
----- End of picture text -----
3. INVESTMENT INCOME
4. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
----- Start of picture text -----
||||
|---|---|---|
|2025|2024|
|£|£|
|Depreciation - owned assets|1,646|2,108|
----- End of picture text -----
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024.
6. STAFF COSTS
----- Start of picture text -----
||||
|---|---|---|
|2025|2024|
|£|£|
|Wages and salaries|166,262|211,085|
|Social security costs|6,325|9,741|
|Other pension costs|746|1,293|
|173,333|222,119|
----- End of picture text -----
The average monthly number of employees during the year was as follows:
----- Start of picture text -----
||||
|---|---|---|
|2025|2024|
|Administrative|8|13|
----- End of picture text -----
No employees received emoluments in excess of £60,000.
continued...
Page 8
NEIGHBOURHOOD ELDER'S TEAM
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Restricted fund funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 6,228 - Charitable activities Project management 139,588 150,273 Investment income 8,537 - Total 154,353 150,273 EXPENDITURE ON Charitable activities Project management 150,883 150,273 NET INCOME 3,470 - RECONCILIATION OF FUNDS Total funds brought forward 179,333 - TOTAL FUNDS CARRIED FORWARD 182,803 - 8. TANGIBLE FIXED ASSETS Fixtures Short and Computer leasehold fittings equipment £ £ £ COST At 1 January 2025 3,864 12,158 15,222 Additions - 2,282 - At 31 December 2025 3,864 14,440 15,222 DEPRECIATION At 1 January 2025 3,864 10,715 14,678 Charge for year - 1,102 544 At 31 December 2025 3,864 11,817 15,222 NET BOOK VALUE At 31 December 2025 - 2,623 - At 31 December 2024 - 1,443 544 |
Total funds £ 6,228 289,861 8,537 304,626 301,156 3,470 179,333 182,803 Totals £ 31,244 2,282 33,526 29,257 1,646 30,903 2,623 1,987 |
|---|---|
continued...
Page 9
NEIGHBOURHOOD ELDER'S TEAM
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade debtors Other debtors Prepayments 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes Other creditors Accruals and deferred income 11. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Leeds Benevolent Society Leeds Community Anchor Network Enhance Grant PCN Garforth Medical Centre Stay well this winter TOTAL FUNDS |
At 1/1/25 £ 182,803 182,803 Incoming resources £ 157,679 15,000 37,892 17,309 41,215 1,479 112,895 270,574 |
2025 2024 £ £ 5,486 5,583 - 1,472 619 616 6,105 7,671 2025 2024 £ £ 458 1,798 5,338 4,171 100 - 43,784 40,740 49,680 46,709 Net movement At in funds 31/12/25 £ £ 19,750 202,553 19,750 202,553 Resources Movement expended in funds £ £ (137,929) 19,750 (15,000) - (37,892) - (17,309) - (41,215) - (1,479) - (112,895) - (250,824) 19,750 |
|---|---|---|
continued...
Page 10
NEIGHBOURHOOD ELDER'S TEAM
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1/1/24 £ Unrestricted funds General fund 179,333 TOTAL FUNDS 179,333 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 154,353 Restricted funds Big Lottery Fund 11,000 Leeds CC Community Hub 6,313 Leeds Benevolent Society 15,000 Leeds Community Anchor Network 15,750 Resilience Hub 3,750 Enhance Grant 49,528 Warm Space 11,200 PCN Garforth Medical Centre 31,482 Community Care Hub 6,250 150,273 TOTAL FUNDS 304,626 |
Net movement At in funds 31/12/24 £ £ 3,470 182,803 3,470 182,803 Resources Movement expended in funds £ £ (150,883) 3,470 (11,000) - (6,313) - (15,000) - (15,750) - (3,750) - (49,528) - (11,200) - (31,482) - (6,250) - (150,273) - (301,156) 3,470 |
|---|---|
Leeds Benevolent Society - A grant to support elderly women
Leeds Community Anchor Network - A grant to support those in difficulty
Leeds Community Health Care Enhance Grant - A grant to help towards relief of frailty
PCN Garforth Medical Centre - PCN 1 - A grant to help support people with leg problems - PCN 2 - A grant to help support people who are prone to falls
Stay well this winter - A grant to promote health during cold weather
continued...
Page 11
NEIGHBOURHOOD ELDER'S TEAM
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2025.
Page 12