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:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
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:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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|
Page 20