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2025-08-31-accounts

CHOYSEZ

(A company limited by guarantee)

REPORT AND FINANCIAL STATEMENTS For the year ended 31 August 2025

Charity number 1089811 Company number 04286804

CHOYSEZ (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 31 August 2025

The trustees are pleased to present their annual directors’ report together with the financial statements of the charity for the year ended 31 August 2025 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2022, the Companies Act 2006, the Memorandum and Articles of Association, and 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 2015)

Objectives and activities

The principal activity of the charitable company is to promote the development, education and rehabilitation of young people from all sections of the community, in particular the disaffected, disadvantaged or socially excluded, to raise their aspirations and achievements and to enable them to realise their full potential as individuals and members of society. Our policies to achieve our objectives continue to be to develop, arrange, promote, support and fund projects and programmes for the personal and education development of young persons and to provide appropriate educational, welfare, social and leisure facilities, and to encourage research and offer advice. We refer to Charity Commission guidance on Public Benefit when reviewing our aims and objectives and ensure that future plans remain focused on their achievement. Funding limits our activities, but no beneficiaries appropriate to our aims are excluded. Equal access to our services is important to us, and we promote local understanding of our work. When considering our overall objectives and planning our activities, the board of trustees is mindful of the Charity Commission's guidance on public benefit, including the guidance "public benefit: running a charity (PB2)".

Achievements and performance

As we look back on the last financial year (Sept 24 – Sep 25) we do so with a great deal of pride. Not just for the many achievements and progress made, but for doing so in tough financial conditions brought on by inflationary costs out of our control. At Choysez we never stand still and no matter the financial constraints or pressures we are under, we start each day with the same purpose - how can we make things better for the young women who need our support?

To be able to do that consistently over many years requires two things: exceptional staff and engaged, supportive trustees - at Choysez we are fortunate to have both. We also happen to have the most inspirational young women in the County who are achieving success alongside our teachers through their own endeavours and creating better futures for themselves despite having to live with numerous disadvantages that would stop others in their tracks. Food poverty, poor housing conditions, health concerns and living in low-income families are the norm for many of the young women we support. Low self-esteem, personal mental health concerns and the feeling that their life has already been mapped out for them are among the other pressures that young women at Choysez live with. That’s why their achievements are all the more exceptional and why I’m so happy to tell you about them.

1

CHOYSEZ (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 31 August 2025

2024-2025 was another year of firsts for Choysez. For the first time we had Year 9 students sit exams, completing their English Functional Skills Level 1 and our Year 10 students achieving both their Level 1 and Level 2 English Functional Skills. Real qualifications achieved 1 and 2 years before most students in school even enter their final year. A fantastic result not just for the young women achieving, them who have previously missed out on long periods of education, but also for our inspirational English teacher Laura. She has continued setting the bar higher again and is continuously pushing boundaries – not only in terms of achievements, but also in the care given to the girls who come to Choysez, and the project’s success.

We also in this financial year introduced a new subject to Choysez: The BTEC Award in Child Development. We look forward to reporting more on the success of this in the next financial year when the first qualifications will be achieved by students. We are already seeing great engagement and fantastic pieces of work as the students have really taken to this qualification, bringing with it great career prospects. Another first for Choysez. We had other students gain success in the GCSE maths and English as well as achieving success in their BTEC Health and Social courses. 20242025 was a great year for results, but also for our year 11 girls who left the project with college places and employment offers secured, showing the personal growth journey many of them had been on with us. However, maybe two of our greatest results came from a parent and pupil both in tears who wanted to pass on the following comments to us “ I will never ever forget what you have done for my daughter when everyone wrote her off” and from one of young woman who overcame so many challenges and who tearfully added “I don’t want to leave, I love it here”. We will ensure we are still here for them both for many years to come. Choysez is proud to continue supporting many of our young women years after they originally left us, by keeping in touch and helping them when they need us. These results and the many positive comments we receive show us not only that success can be measured in many ways, but also that 2024-2025 was another great year for Choysez.

To ensure Choysez is here to support the needs of those who need us is vital. Inflationary costs have risen on many items which we have no control over, and this has brought financial pressures which have an impact on what we spend and how. Sometimes that gives us tough decisions to make when we are trying to increase our support or improve our facilities and resources. That’s why support from our funders is more important now than ever before and why we are so grateful for all their support in helping us achieve everything we do. Without their support and belief, Choysez would not be able to do everything we do, and this longstanding commitment means everything to us in supporting our community. Thank you for being such an important part of Choysez.

Our trustees guide us with a calmness, commitment and determination to ensure that Choysez continues to thrive and develop, but also that we remain true to our core values and ethos. They ensure that we are here to support some of the most vulnerable young women in our region and that everything we do both protects and supports their welfare. They ensure that Choysez continues to plan and develop, making important decisions that help to manage our resources effectively for the benefit of the charity. Their continued support, scrutiny and direction are very much appreciated, and their commitment and care for the project is an example to others.

Our staff team are at the centre of everything we do. The care, support and inspiration they give to our young women who need someone to listen, speak up for them and show them what they are

2

CHOYSEZ (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 31 August 2025

truly capable of is inspirational. They are the jewel in our crown and the warmth of their support and genuine care creates an atmosphere which everyone feels as soon as they walk into Choysez. The relationships and mutual respect they have for the young women at Choysez, as well as the care and respect they get in return, is pivotal to everything we seek to achieve and is something very special to see on a daily basis. They make Choysez a magical place to work and I am honoured to work alongside them every day. The future of Choysez and the care of the young women who need our support is safe in their hands. Thank you.

We continue to develop our internal foodbank with the young women at Choysez actively involved in preparing parcels for each other. This has developed further by now adding clothing items and again this has been well received and has proven to be another great addition to the support we are able to give. We have continued with our commitment to supporting our previous young women, sometimes years after they moved on from the project, assisting with job applications or further training. For some it was enough to just visit us again to raise their confidence levels, have a chat and receive the support they needed - someone to say we are here for you.

Our quality inspection report praised both the teaching standards and the behaviour and participation of our students; we are very proud to receive such recognition of our joint achievements.

Our friends and funders have supported us and believed in us for many years. Our staff raise the bar for support every day and our trustees give us the encouragement and support to do more. It takes all parts of this team to ensure we are able to give vulnerable young women in Northumberland the support they need and deserve, and everyone should be proud for the part they have played in making Choysez what it is and means to so many. Choysez is a real example of what can be achieved when everyone works together for the benefit of the community and how lives can be changed for the better by positive interventions. Thank You.

FINANCIAL REVIEW

The total income for the period was £353,466 (2024: £351,769). This income is allocated across respective funds on the Statement of Financial Activities in accordance with the Statement of Recommended Practice.

The Statement of Financial Activities for the period ended 31 August 2025 shows a net deficit across all funds of £22,166 (2024: surplus £15,596).

The Balance Sheet at 31 August 2025 shows total funds carried forward of £134,089 (2024: £156,255) of which there are £0 restricted funds (2024: £0).

We would like to thank Community Foundation North East for the support they have given to Choysez over many years. The support and care given by their team towards our organisation is very much appreciated and they are an exemplar organisation in their field.

We would like to thank the High Sheriff of Northumberland Fund , Muckle LLP, Carr- Ellison Family Charitable Trust and the 1989 Willan Charitable Trust for the support they have given us. We would like to thank Mrs Barnes for her funding support but for also arranging and participating in an art

3

CHOYSEZ (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 31 August 2025

session with our young women. We would also like to thank the Shobha and Triloki Srivastava Grassroots Fund for their first very kind donation to our project.

The support and care and understanding of our work by our funders is very much appreciated and we welcome every opportunity to show them around the project to see the difference their support makes.

Reserves policy

Choysez has maintained a level of free reserves (reserves not invested in tangible fixed assets) over the years, currently £46,405 to meet the working capital requirements of the charity in the event of a significant drop in funding. It has established a policy whereby the unrestricted funds held by the charity should be between 3 and 6 months of annual expenditure. At 31 August 2025 reserves are at 1.5 months of expenditure.

PLANS FOR FUTURE PERIODS

Choysez is an asset that Northumberland can be proud of. The next financial year will see Choysez achieve 25 years as an independent project, having been established in September 2001, with roots going back to 1998. This has been proven over many years, not least the last one. We are a project that doesn’t stand still and we have plans to continue our push forward over the next financial year in order to benefit the young women who need and rely on our support.

The next year will see the first results from our new BTEC Child Development course allowing us to evaluate its introduction. Additional safeguarding training will see all staff strengthen their knowledge, allowing for further support in this crucial area. Following the excellent results of our Year 9 and 10 exams, we will seek to expand this further to include more subjects and expand again the qualifications we are able to offer. Our staff team are inspirational, working alongside the young women who come to the project, and we will continue to invest in their development. The project also needs stay updated with any resources and technology required and we will aim to bring unused spaces into greater use. Therefore, we will look to create a private space for young women who need to be away from others and require either 1:1 work, or just the time and space to be alone. In addition, we will seek to redevelop a room not currently in use - expanding and improving the facilities needed, as well as the redevelopment of our washrooms.

This is an ambitious list of plans we want to see come to fruition over the next 12 months. We have a long-standing track record of achievements and a commitment to always do our best for the vulnerable young women we support. They know Choysez is here for them and we never forget this. That is why we continue to develop our staff, resources and project to ensure that we can meet their ever-changing needs. We listen to them and their voice, and their contribution helps shape our plans. We are sure they will help our staff and trustees make 2025-2026 a year to remember. A year to be proud of. A year of progress and support. We as a staff team will remain dedicated to doing all we can to increase and improve the support for our young women.

Choysez is the place our young women trust and believe in. A place where they are safe and somewhere they can call their own. A project that can be relied upon. We look forward to the next year and the exciting plans that lie ahead.

4

CHOYSEZ (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 31 August 2025

PUBLIC BENEFIT STATEMENT

The Trustees have referred to the Charity Commission's guidance on public benefit when reviewing the charity's objectives and planning its future activities. This annual report will aim to demonstrate the link between our charitable activity and how this benefits our service users.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity Name CHOYSEZ
Registered 1089811
Charity Number
Company 04286804
Number
Registered Office 2 Gooch Avenue
and operational Barrington Industrial Estate
address Bedlington
Northumberland
NE22 7DQ
Trustees Graham Shannon Chair
Anthony Railton
Janet Fay
Zoe Maylam (resigned 30.01.2025)
Gillie Robson
Lydia Stewart (appointed 30.01.2025)
Bankers
Bank of Scotland
The Mound
Edinburgh
EX1 1YZ
Independent Michelle Wright
Examiner MW Accounting Services
Woodgate House
Wood Street
Gateshead
NE11 9NP

5

CHOYSEZ (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 31 August 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing documents

The organisation is a charitable company limited by guarantee, incorporated on the 13 September 2001 and is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Appointment of Trustees

The directors and trustees seek to ensure that the users' needs are reflected through the diversity of the Board. To enhance the potential pool of directors and trustees, selected individuals who may wish to become directors or trustees are approached as necessary. Directors and trustees are reappointed annually. All concerned give their time voluntarily and receive no benefit.

Organisation

All of the trustees meet regularly and deal with the administration of the charity to ensure that Choysez has a clear vision and strategy for the future, and to monitor the performance against plans, to support the management and staff team, and to oversee financial accountability and risk management.

The operational management of the organisation is undertaken by the paid staff team.

Risk management

We have assessed (and reviewed regularly) the major risks to which we are exposed, in particular those related to our operations and finances, and we are satisfied that systems are in place to mitigate our exposure. No major risks have been identified. A key element in our management of financial risk is the setting and regular review of our reserves policy.

TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS

The trustees, who are also directors for the purposes of company law, are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year which show the state of affairs of the charitable company and of incoming resources and application of resources, including the income and expenditure of the charitable company for that year. In preparing those financial statements, the trustees are required to:

6

CHOYSEZ (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 31 August 2025

The trustees are responsible for keeping accounting records that 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.

This report was approved by the Trustees on: ________

and signed on their behalf by: ________ Graham Shannon (Mar 22, 2026 10:19:17 GMT+2)

Graham Shannon Chair

7

CHOYSEZ

(A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 August 2025

I report on the financial statements of Choysez for the year ended 31 August 2025, which are set out on pages 9 to 20.

Respective responsibilities of trustees and examiner

The charity's trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2022 ("the Charities Act) and that an independent examination is needed.

The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a Member of the Association of Accounting Technicians.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I 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.

Michelle Wright (Mar 23, 2026 08:45:21 GMT)

Michelle Wright Woodgate House 5c Wood Street Gateshead Tyne and Wear NE11 9NP Date: 20/03/2026

8

CHOYSEZ

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES

(INCLUDING SUMMARY INCOME & EXPENDITURE ACCOUNT)

For the year ended 31 August 2025

6
Other trading activities
7
Expenditure on:
8
Operation of the charity
Total expenditure
Net income/(expenditure) and net
movement of funds
Charitable activities
Total income
Income from:
Charitable activities
Grants and contracts
Notes
Total funds carried forward
Reconciliation of funds
Total funds brought forward		 Unrestricted
Funds
£
342,950
10,516
353,466
375,632
375,632
( 22,166 )
156,255
134,089		 Restricted
Funds
£
-
-
-
-
-
-
-
-		 Total
2025
£
342,950
10,516
353,466
375,632
375,632
( 22,166 )
156,255
134,089		 Total
2024
£
346,769
5,000
351,769
336,173
336,173
15,596
140,659
156,255

The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

The notes on pages 11 to 20 form an integral part of these accounts.

9

Charity Number 1089811 Company Number 04286804

CHOYSEZ

(A company limited by guarantee)

BALANCE SHEET

As at 31 August 2025

Fixed assets
Tangible assets
15
Total fixed assets
Current assets
Debtors
16
Cash at bank and in hand
17
Total current assets
Creditors:amounts falling due within
one year
18
Net current assets
Total assets less current liabilities
Total net assets or liabilities
Funds of the charity
Unrestricted income funds
Restricted income funds
Total funds
Notes		 £
2,628
58,936
61,565
( 15,160 )		 Total
2025
£
87,684
87,684
46,405
134,089
134,089
134,089
-
134,089		 £
3,778
71,722
75,500
( 14,938 )		 Total
2024
£
95,693
95,693
60,562
156,255
156,255
156,255
-
156,255

The company was entitled to an exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with the respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

The notes on pages 11 to 20 form an integral part of these accounts.

These financial statements were approved by the Board on:

and are signed on its behalf by:

Graham Shannon Graham Shannon (Mar 22, 2026 10:19:17 GMT+2)

Chair of Board of Trustees

10

(A company limited by guarantee)

CHOYSEZ

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 August 2025

1 Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

2 Basis of accounting

2.1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts 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 Charities Act 2022.

Choysez meets the definition of a public benefit entity under FRS 102.

2.2 Preparation of the accounts on a going concern basis

The financial statements have been prepared on a going concern basis. In making their assessment the trustees have reviewed and considered relevant information, including their annual budget and future cash flows. The trustees are of the view that the immediate future of the charity for the next 12 months is secure and that on this basis the charity is a going concern.

3 Income

3.1 Recognition of income

Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability

3.2 Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.

3.3 Grants and donations

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.

11

(A company limited by guarantee)

CHOYSEZ

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 August 2025

3.4 Donated goods and services

Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.

Donated services and facilities are included in the SoFA when received at the value of the gift to the charity provided that the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with the equivalent amount recognised as an expense under the appropriate heading in the SoFA.

3.5 Volunteer help

The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.

3.6 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

3.7 Income from membership subscriptions

Membership subscriptions received in the nature of a gift are recognised in donations and legacies.

Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.

3.8 Investment gains and losses

This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

3.9 Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the

4 Expenditure and liabilities

4.1 Liability recognition

Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

4.2 Charitable activities

Expenditure on charitable activities includes the costs of running the centre and other activities undertaken to further the purposes of the charity and their associated support costs.

12

(A company limited by guarantee)

CHOYSEZ

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 August 2025

4.3 Governance and support costs

Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

4.4 Irrecoverable VAT

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

4.5 Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

4.6 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

5 Assets

5.1 Tangible fixed assets for use by the charity

Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis, a full years depreciation charge is applied in the year of acquisition and no charge is made in the year of disposal:

Land & buildings Plant & machinery Motor vehicles

Straight line over twenty years Reducing balance 33.3% Reducing balance 25%

13

CHOYSEZ

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 August 2025

Analysis of income

6
7		 Charitable activities
Spriggs Family
Community Foundation
Northumberland Village Homes
Community Foundation
Welesley Trust
Community Foundation
Northumberland Group Fund
Community Foundation 1989
Willan Charitable Trust
Other grants
Other trading activities
Other income
School contracts
Kellogs
Rothley Trust
Income from grants and contracts
RW Mann Trust
Chop Town Council
Community Foundation High Sheriff
Netherton Park Trust		 Unrestricted
Funds
£
320,084
-
-
-
-
-
-
-
17,866
-
-
-
5,000
342,950
10,516
10,516		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total
2025
£
320,084
-
-
-
-
-
-
-
17,866
-
-
-
5,000
342,950
10,516
10,516		 Total
2024
£
302,318
1,000
500
1,000
500
2,000
7,500
5,000
6,252
9,699
10,000
1,000
-
346,769
5,000
5,000

Income was £353,466 (2024: £351,769) of which £353,466 was unrestricted or designated (2024: £331,070) and £0 was restricted (2024: £20,699)

14

CHOYSEZ

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 August 2025

Analysis of expenditure on charitable activities

8 Charitable activities
Direct costs
Support costs
Award certificates
Depreciation
Governance costs
Transport costs
Telephone charges
Heating & lighting
Rent, water & waste
Insurance
Legal & professional fees
Office expenses
Repairs and renewals
Independent examiner's fees for reporting on
the accounts
Project activity
Staff training/conferences
Staff travel/meetings
Staff costs
Recruitment		 Unrestricted
Funds
£
289,119
75
1,511
349
19,026
9,440
1,768
8,288
7,592
5,569
3,160
7,985
4,151
3,190
13,409
1,000
375,632		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total
2025
£
289,119
75
1,511
349
19,026
9,440
1,768
8,288
7,592
5,569
3,160
7,985
4,151
3,190
13,409
1,000
375,632		 Total
2024
£
249,905
676
3,915
198
20,493
9,247
1,771
5,023
5,703
13,761
2,466
7,610
-
1,946
12,446
1,013
336,173

Expenditure on charitable activities was £375,632 (2024: £336,173) of which £375,632 was unrestricted or designated (2024: £315,474) and £0 was restricted (2024: £20,699)

Independent examiner's fees for reporting on the accounts
Other accountancy services paid to the examiner		 2025
£
1,000
340
1,340		 2024
£
1,000
-
1,000

15

(A company limited by guarantee)

CHOYSEZ

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 August 2025

10 Analysis of staff costs and the cost of key management personnel

nalysis of staff costs and the cost of key management personnel
Salaries and wages
Social security costs
Pension costs (defined contribution pension plan)		 2025
£
244,871
27,082
12,013
283,965		 2024
£
216,947
21,713
10,957
249,617

No employee received remuneration above £60,000 (2024: nil)

The key management personnel of the charity, comprise the Trustees and the Centre Manager. The total employee benefits of the key management personnel of the charity were £57,893. (2024: £57,256)

11 Staff numbers

The average monthly head count was 7 staff (2024: 6 staff) and the average monthly number of full-time equivalent employees during the year were as follows:

Charitable activities
The parts of the charity in which the employee's work		 2025
Number
6.0
6.0		 2024
Number
5.5
5.5

Sessional staff are hired on a project by project basis and are included within charitable activities as direct project costs as they typically relate to specific production or projects.

12 Transactions with trustees

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

Trustees' expenses

No trustee expense have been incurred in the year.

Transaction(s) with related parties

The following detail the related party transactions in the reporting period.

G Shannon, who is a Director of the Organisation and a Trustee of the Charity, is an associate solicitor at EMG Solicitors Limited, who are our solicitors. No transactions between the parties took place during the year ended 31 August 2025 (2024 £Nil).

J Fay is a charity trustee and acts as our insurance broker, operating on normal commercial terms.

13 Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The employer's pension costs represent contributions payable by the charity to the fund and amount to £12,013 (2024: £10,957). There was £4,397 outstanding as at 31 August 2025 (2024: £3,902)

16

(A company limited by guarantee)

CHOYSEZ

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 August 2025

14 Corporation 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 objectives.

15 Tangible fixed assets
Cost
Balance brought forward
Additions
Disposals
Balance carried forward
Depreciation
Basis
Rate
Balance brought forward
Depreciation charge for year
Disposals
Balance carried forward
Net book value
Brought forward
Carried forward		 Freehold
property
233,268
-
-
233,268
SL
5%
144,027
11,663
-
155,691
89,241
77,577		 Plant &
machinery
£
56,546
-
-
56,546
RB
33%
56,293
83
-
56,377
253
169		 Motor
vehicles
£
7,270
5,400
-
12,670
RB
25%
1,070
1,662
-
2,733
6,200
9,937		 Total
£
297,084
5,400
-
302,484
201,391
13,409
-
214,800
95,693
87,684

16 Debtors and prepayments (receivable within 1 year)

17
Cash at bank and in hand
Trade debtors
Cash at bank and in hand
Prepayments		 2025
£
-
2,628
2,628
2025
£
58,936
58,936		 2024
£
1,135
2,643
3,778
2024
£
71,722
71,722

17

CHOYSEZ

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 August 2025

18 Creditors and accruals (payable within 1 year)

reditors and accruals (payable within 1 year)
CF Muckle
Pension
Accruals
Independent examination of accounts
Deferred income
Taxation and social security
Other creditors
Other accruals		 2025
£
7,801
4,397
1,000
1,962
-
-
15,160		 2024
£
4,958
3,902
1,000
78
5,000
-
14,938

19 Deferred income

Deferred income comprises of advance payments from grants that relate to future periods

Balance carried forward
Amount deferred in year
Amount released to income earned from
charitable activities
Balance brought forward		 2025
£
5,000
( 5,000 )
-
-

20 Events after the end of the reporting period

No events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.

18

CHOYSEZ

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 August 2025

21 Analysis of charitable funds Analysis of movements in unrestricted funds

For the year ending 31 August 2025

Fund
balances
brought
forward
Unrestricted funds
£
General unrestricted fund
156,255
Totals
156,255
Fund
balances
brought
forward
Unrestricted funds
£
General unrestricted fund
140,659
Totals
140,659
For the year ending 31 August 2024		 Incoming
resources
£
353,466
353,466
Incoming
resources
£
331,070
331,070		 Resources
expended
£
( 375,632 )
(375,632)
Resources
expended
£
( 315,474 )
(315,474)		 Transfers
£
-
-
Transfers
£
-
-		 Fund
balances
carried
forward
£
134,089
134,089
Fund
balances
carried
forward
£
156,255
156,255

Purpose of unrestricted funds

General unrestricted fund

The 'free reserves' after allowing for designated funds

19

(A company limited by guarantee)

CHOYSEZ

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 August 2025

22 Capital commitments

As at 31 August 2025, the charity had no capital commitments (2024 -£nil)

23 Analysis of net assets between funds

nalysis of net assets between funds
Other net current assets/(liabilities)
Cash at bank and in hand
Tangible fixed assets		 Unrestricted
Funds
£
87,684
58,936
( 12,531 )
134,089		 Restricted
Funds
£
-
-
-
-		 Total
2025
£
87,684
58,936
( 12,531 )
134,089		 Total
2024
£
95,693
71,722
( 11,160 )
156,255

20

CHOYSEZ

Income and expenditure account

For the financial year ended 31 August 2025

Income
Training courses & grants
Other income
Deduct Expenditure
Staff costs
Recruitment
Staff Training
Uniform
Activities
Transport
Fuel
Staff Travel
Repairs & Renewals
Telephone
Office Exp
Light & Heat
Insurance
Rent, Water & Waste
Award Certificates
Legal & Prof
Bad debts
Accountancy charges
Depreciation
Capital loss
Capital profit
Equipment funded
Net surplus/deficit for the year		 2025
£
£
342,950.00
10,516.00
353,466.00
289,118.60
75.00
1,511.00
0.00
19,026.00
3,190.00
6,250.00
349.00
5,569.00
1,768.00
5,581.00
8,288.00
7,985.34
3,160.00
3,190.00
3,511.00
0.00
1,640.00
13,409.19
0.00
0.00
2,011.00
375,632.13
-22,166.13		 £
249,905.21
676.00
3,915.00
0.00
20,493.00
3,003.00
6,244.00
198.00
7,977.42
1,771.00
5,703.00
5,023.00
7,609.75
2,466.00
1,946.00
0.00
0.00
1,013.20
12,446.06
0.00
0.00
5,784.00		 2024
£
346,672.00
5,097.00
351,769.00
336,173.64
15,595.36

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