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← North West Life Education Limited

2025-03-31-accounts

Company registration number: 03469518 Charity registration number: 1089764

North West Life Education Limited

(A company limited by guarantee)

Annual Report and Financial Statements

for the Year Ended 31 March 2025

North West Life Education Limited

Contents

Reference and Administrative Details 1
Trustees' Report (incorporating Directors' report) 2 to 4
Statement of Trustees' Responsibilities 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8 to 9
Notes to the Financial Statements 10 to 20

North West Life Education Limited

Reference and Administrative Details

Trustees F Bolger
J Parle
M Jenkins
R Kumar
S Shaw
W T Kendrick (resigned 01 July 2025)
F Atherton
P O'Donnell
C Parle
Secretary F Bolger
Charity Registration Number 1089764
Company Registration Number 03469518
The charity is incorporated in England and Wales.
Registered Office 45 Ashfield Crescent
Springhead
Oldham
OL4 4NX
Independent Examiner Helen Binns FCA
Chartered Accountant
One Express
1 George Leigh Street
Ancoats
Manchester
M4 5DL

Page 1

North West Life Education Limited

Trustees' Report (incorporating Directors' report)

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 31 March 2025.

Objectives and activities

Objects and aims

The objects of the charity are to advance and promote in the North West of England the benefit of education and useful knowledge in relation to the workings of the human mind and body and the adverse effects that the abuse of drugs, alcohol and other substances can have thereon.

The Charity was established for the promotion of any charitable purposes for the benefit of the community in the relevant local authorities in 1997 by the advancement of education.

The Charity's income in the main is derived from the delivery of educational programmes and services to schools.

The Trust acts as a Delivery Partner in the North West for Coram Life Education. Coram Life Education is the leading charity provider of relationships, health, wellbeing, and drugs education to children across the UK. Coram Life Education and SCARF (Safety, Caring Achievement, Resilience and Friendship) offer a whole-school approach to wellbeing and Mental Health. Nationally, Coram Life Education's PHSE education supports over 50,000 teachers and reaches nearly 600,000 pupils every year.

Coram Life Education has achieved the Department of Health Information Standard - a quality mark designed to recognise reliable sources of evidence-based information for Schools. All programmes are regularly evaluated and measured by internal and external Assessors in an ongoing review of effectiveness and development. Coram Life Education is part of the Coram group of charities whose expertise includes adoption, creative therapy, supported housing, family support, child legal issues and promoting children's rights. Coram is the oldest Children’s Charity in the world, established in 1739.

In the North West we cover schools in Bury, Bolton, Oldham, Rochdale, Stockport, Tameside, Salford, Warrington, Wirral, Manchester, Trafford, Halton, St Helens, Cheshire East, Cheshire West and Chester. Our experienced and talented Educators mainly deliver Coram Life Education's specialist programmes, but are increasingly involved with promoting the SCARF (Safety, Caring, Achievement, Resilience and Friendship) project which affords excellent on-line resources, including lesson plans, for schools. These programmes are aimed at children aged 3-11 years and provide valuable education about how they can look after their bodies and minds using fun, interactive and age-specific activities. Films and puppetry created by BAFTA award-nominated puppeteers assist with teaching relationships and sex education (RSE) and internal safety.

Our Educators sell and promote SCARF either as a standalone product for which the Trust receives commission or as part of the delivery package. SCARF is a whole-school approach to health and wellbeing which affords excellent online resources, including lesson plans and assemblies for schools. As children may be considered Vulnerable Beneficiaries of our work we require our Educators to be aware of issues around child protection and afford training to that end. We also ensure they have clearance to work from the DBS. Their work is unlikely to be assessed by Ofsted if they are in a school during an inspection.

Public benefit

All the activities of the charity are undertaken to further public benefit.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Page 2

North West Life Education Limited

Trustees' Report (incorporating Directors' report)

Achievements and performance

Demand for services remains extremely high. In the academic year September 2024 to July 2025, we will have visited almost 32,500 children in 131 schools across the North West.

13 of those schools had two or three visits for additional programmes. As a result, our Educators are working at near capacity.

Coram SCARF programmes are recognised by our schools being good value for money. We are the only Provider who actually offers direct delivery of lesson programmes to Schoolchildren and Teachers alike. The success of SCARF and RSE programmes and resources are keeping our Educators busy.

The 2025 National Conference was held at Leamington Spa in May, which was well attended. Informative Guest Speakers and Workshops proved to be popular with Trustees and Educators alike.

Financial review

Policy on reserves

In setting out this reserves policy the Trustees are mindful of two particular areas of focus within Life Education NorthWest Limited:

  1. The need to cover ongoing expenses of the operating equipment to create all activities; and

  2. The need to build up a reserve fund which will (a) provide quality environment for the delivery of its services, (b) cover any unforeseen circumstances which might occur.

The level of reserves is to be set as follows: a) Sufficient working capital held in interest bearing accounts so as to cover three months salaries and obligations to HM Revenue & Customs and any other statutory bodies, b) The building up of a reserve fund to be held in an interest-bearing account.

In order to accumulate such a reserve, trustees are to a) Seek funding from grant making bodies, b) Actively pursue partnerships which will result in wider contacts being made so as to open the way to more extensive funding opportunities, c) Follow up a policy of debt collection within 30 days to maximise cashflow, and d) Regularly review the progress of these steps in trustee meetings to ensure that all necessary action is being taken.

At the year end the total reserves held by the charity was £128,607 (2024: £113,414), of which £690 (2024: £Nil) are restricted. A further £629 (2024: £1,207) is held in fixed assets. The free reserves of the charity were £127,288 (2024: £112,207). The Trustees consider this level of reserves to be appropriate.

Going concern

Demand for our services remains extremely high. Coram SCARF programmes are recognised by our Schools as being good value for money. We are the only provider who actually offers direct delivery of lesson programmes to Schoolchildren and Teachers alike. The success of SCARF and RSE programmes and resources are keeping our Educators busy. The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Page 3

North West Life Education Limited

Trustees' Report (incorporating Directors' report)

Structure, governance and management

Nature of governing document

North West Life Education Limited is a company limited by guarantee governed by its Memorandum of Association and Articles of Association dated 21 November 1997 as amended by special resolution dated 6 July 2001.

Recruitment and appointment of trustees

The power in appointing new trustees lies with the current trustees as detailed in the Charities Trust Deed dated 18 February 2012.

Organisational structure

The Charity is run by a Board of Trustees who meet regularly in full board and sub-committees to develop and review policy, consider and mitigate risks, plan strategy, develop the delivery of the programmes, and evaluate outcomes against the annual business plan. The Board is actively seeking to recruit further members. The Trustees work to ensure that the Charity meets its legal requirements in respect of staff, equipment - governance and service to the community. On a day-to-day basis the educators, in line with our policies, are responsible, amongst other things, for the securing of bookings, liaison with schools, and the delivery of programmes. The individual skills of the Trustees are put to good use ensuring our Educators are well supported in their work. Administration help is provided by the Chair, Treasurer, Secretary and the Life Education Centre for Lancashire Trusts' Operations Manager (a fellow Trust), who provide financial and other management information. The Board also supports our Educators' development and training needs. If they have issues they can turn to the Secretary, Treasurer or Chairman for help in resolving those issues. They attend and report to the Board at the regular committee meetings.

With only two employees the charity has not seen the need for a CEO but those employees are well supported by the trustees and officers including the Chairman who is CEO of a large company, the Secretary, and the Treasurer who is a Chartered Accountant.

Major risks and management of those risks

Risks

The Trustees regularly review the risks of the charity and ensure systems are in place to mitigate and meet the needs of the charity.

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

The annual report was approved by the trustees of the charity on .................... and signed on its behalf by: of iol2s

......................................... C Parle Trustee

Page 4

North West Life Education Limited

Statement of Trustees' Responsibilities

The trustees (who are also the directors of North West Life Education Limited for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees of the charity on .................... and signed on its behalf by: or |is|ns

......................................... C Parle Trustee

Page 5

North West Life Education Limited

Independent Examiner's Report to the trustees of North West Life Education Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity’s trustees of North West Life Education Limited (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 North West Life Education Limited 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

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:

  1. accounting records were not kept in respect of North West Life Education Limited as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. 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

  4. 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.

...................................... Helen Binns FCA Chartered Accountant

One Express 1 George Leigh Street Ancoats Manchester M4 5DL

Date:.............................9 October 2025

Page 6

North West Life Education Limited

Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
3
Charitable activities
4
Investment income
5
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net income/(expenditure)
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
17		 Unrestricted
funds
£
-
113,816
1,199
115,015
(100,512)
(100,512)
14,503
14,503
113,414
127,917		 Restricted
funds
£
2,970
-
-
2,970
(2,280)
(2,280)
690
690
-
690		 Total
2025
£
2,970
113,816
1,199
117,985
(102,792)
(102,792)
15,193
15,193
113,414
128,607		 Total
2024
£
2,583
87,298
649
90,530
(96,300)
(96,300)
(5,770)
(5,770)
119,184
113,414

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 17.

The notes on pages 10 to 20 form an integral part of these financial statements. Page 7

North West Life Education Limited

(Registration number: 03469518) Balance Sheet as at 31 March 2025

Note
Fixed assets
Tangible assets
13
Current assets
Debtors
14
Cash at bank and in hand
15
Creditors: Amounts falling due within one year
16
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
17		 2025
£
629
8,007
147,523
155,530
(27,552)
127,978
128,607
690
127,917
128,607		 2024
£
1,207
14,450
129,842
144,292
(32,085)
112,207
113,414
-
113,414
113,414

For the financial year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The notes on pages 10 to 20 form an integral part of these financial statements. Page 8

North West Life Education Limited

(Registration number: 03469518) Balance Sheet as at 31 March 2025

The financial statements on pages 7 to 20 were approved by the trustees, and authorised for issue on .................... ot |10|26 and signed on their behalf by:

......................................... C Parle Trustee

The notes on pages 10 to 20 form an integral part of these financial statements. Page 9

North West Life Education Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

1 Charity status

The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation.

The address of its registered office is: 45 Ashfield Crescent Springhead Oldham OL4 4NX

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

North West Life Education Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

Demand for our services remains extremely high. Coram SCARF programmes are recognised by our Schools as being good value for money. We are the only provider who actually offers direct delivery of lesson programmes to Schoolchildren and Teachers alike. The success of SCARF and RSE programmes and resources are keeping our Educators busy. The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Income and endowments

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.

Page 10

North West Life Education Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Investment income

Bank interest is recognised when the amount is recognised when receipt of the amount has been notified.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Page 11

North West Life Education Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Asset class Depreciation method and rate Office Equipment 15% reducing balance Education Units 25% Straight line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Page 12

North West Life Education Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

3 Income from donations and legacies

Donations and legacies;
Donations from individuals
4
Income from charitable activities
Provision of educational programmes and activities to
schools and colleges		 Restricted
funds
£
2,970
2,970
Unrestricted
funds
General
£
113,816		 Total
2025
£
2,970
2,970
Total
2025
£
113,816		 Total
2024
£
2,583
2,583
Total
2024
£
87,298

Page 13

North West Life Education Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

5 Investment income

Interest receivable and similar income;
Interest receivable on bank deposits
6
Expenditure on charitable activities
Note
Provision of educational programmes and
activities to schools and colleges
Depreciation
Staff costs
Allocated support costs
7
Governance costs
7
Note
Provision of educational programmes and
activities to schools and colleges
Depreciation
Staff costs
Allocated support costs
7
Governance costs
7		 Unrestricted
funds
General
£
1,199
Unrestricted
funds
General
£
26,572
610
69,952
752
2,626
100,512
Unrestricted
funds
General
£
24,599
6,775
61,594
602
2,400
95,970		 Total
2025
£
1,199
Restricted
funds
£
2,280
-
-
-
-
2,280
Restricted
funds
£
-
-
330
-
-
330		 Total
2024
£
649
Total
2025
£
28,852
610
69,952
752
2,626
102,792
Total
2024
£
24,599
6,775
61,924
602
2,400
96,300

Page 14

North West Life Education Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

7 Analysis of support and governance costs

Support costs allocated to charitable activities

Sundry expenses
Governance costs
Independent examiner fees
Examination of the financial statements
Cost of trustee meetings
8
Net incoming/outgoing resources
Net incoming/(outgoing) resources for the year include:
Loss on disposal of fixed assets held for the charity's own use
Depreciation of fixed assets		 Other support
costs
£
752
Unrestricted
funds
General
£
2,420
206
2,626		 Total
2025
£
752
Total
2025
£
2,420
206
2,626
2025
£
-
610		 Total
2024
£
602
Total
2024
£
2,400
-
2,400
2024
£
2,900
3,875

9 Trustees remuneration and expenses

During the year the charity made the following transactions with trustees:

F Bolger

£21 (2024: £Nil) of expenses were reimbursed to F Bolger during the year.

F Bolger received reimburshment for mileage.

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

Page 15

North West Life Education Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

10 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs		 2025
£
66,320
1,642
1,990
69,952		 2024
£
59,270
862
1,792
61,924

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

2025 2024
No No
Charitable activities 2 2

No employee received emoluments of more than £60,000 during the year.

11 Independent examiner's remuneration

Examination of the financial statements 2025
£
2,420		 2024
£
2,400

12 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

Page 16

North West Life Education Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

13 Tangible fixed assets

13 Tangible fixed assets
Cost
At 1 April 2024
Additions
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
14 Debtors
Trade debtors
Prepayments
15 Cash and cash equivalents
Cash at bank		 Furniture and
equipment
£
3,093
32
3,125
2,385
111
2,496
629
708		 Motor vehicles
£
131,410
-
131,410
130,911
499
131,410
-
499
2025
£
6,720
1,287
8,007
2025
£
147,523		 Total
£
134,503
32
134,535
133,296
610
133,906
629
1,207
2024
£
13,550
900
3,125 131,410
2,385
111		 130,911
499
2,496 131,410
629 -
708 499
2025
£
6,720
1,287
8,007
2025
£
147,523
14,450
2024
£
129,842

Page 17

North West Life Education Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

16 Creditors: amounts falling due within one year

Other taxation and social security
Other creditors
Accruals
Deferred income
17 Funds
Unrestricted funds
General
Unrestricted
Restricted funds
Greater Manchester Police
Frodsham Rotary
Total restricted funds
Total funds
Unrestricted funds
General
Unrestricted
Restricted
Individual donation
Total funds		 Balance at 1
April 2024
£
113,414
-
-
-
113,414
Balance at 1
April 2023
£
119,184
-
119,184		 Incoming
resources
£
115,015
2,450
520
2,970
117,985
Incoming
resources
£
90,200
330
90,530		 2025
£
4,626
386
2,520
20,020
27,552
Resources
expended
£
(100,512)
(2,280)
-
(2,280)
(102,792)
Resources
expended
£
(95,970)
(330)
(96,300)		 2024
£
-
-
3,478
28,607
32,085
Balance at 31
March 2025
£
127,917
170
520
690
128,607
Balance at 31
March 2024
£
113,414
-
113,414

Page 18

North West Life Education Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

18 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted
funds
General
£
629
154,840
(27,552)
127,917
Unrestricted
funds
General
£
1,207
144,292
(32,085)
113,414		 Restricted
funds
£
-
690
-
690
Restricted
funds
£
-
-
-
-		 Total funds at
31 March
2025
£
629
155,530
(27,552)
128,607
Total funds at
31 March
2024
£
1,207
144,292
(32,085)
113,414

19 Related party transactions

During the year the charity made the following related party transactions:

C Parle

(C Parle is a Trustee of North West Life Education Limited and owns Parle Consultancy Services Limited) During the year Parle Consulancy Services Limited was paid £13 (2024: £nil) on behalf of the charity in relation to accountancy software licences and charged at cost with no mark up. At the balance sheet date the amount due to/from Parle Consultancy Services Limited was £Nil (2024 - £Nil).

Page 19

North West Life Education Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

20 Comparative Statement of Financial Activities

Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
Total income
Expenditure on:
Charitable activities
Total expenditure
Net expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
£
2,253
87,298
649
90,200
(95,970)
(95,970)
(5,770)
(5,770)
119,184
113,414		 Restricted
funds
£
330
-
-
330
(330)
(330)
-
-
-
-		 Total
2024
£
2,583
87,298
649
90,530
(96,300)
(96,300)
(5,770)
(5,770)
119,184
113,414

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