REGISTERED COMPANY NUMBER: 03953195 (England and Wales)
REGISTERED CHARITY NUMBER: 1090005
ort of the Trustees and
Unaudlted Flnanclal Statements for the Year Ended 31 March 2025
for
Fer
hill Lakes And Dlstrict Develo
ment
Education Resource Centre Limited
Acom
an
Llmited b Guarantee
Peter A Hodgson & Co Limited
Chartered Certified Accountants
Hett Mill Cottage
Hett
Durham
DH6 5LN

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Contents of the Financial Statements
for the Year Ended 31 March 2025
Page
Report of the Trustees
Independent Examlnerfs Report
Statement of Flnancial Activities
9 to 10
Statement of Financial Position
12 to 13
Note8 to the Flnanclal Statements
14 to 26
Detalled Statement of Flnancial Actlvitles
27 to 28

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
ort of the Trustees
for the Year Ended 31 March 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006,
present their report with the financial statements of the charity for the year ended 31 March 2025.
The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1
January 2019)
OBJECTIVES AND ACTIVITIES
Objectives and aims
To promote the benefit of the inhabitants of the County of Durham, in particular but not exclusively
the inhabitants of Ferryhill and neighbourhood thereof (hereinafter called the area of benefit")
without distinction of sex, sexual orientation, race or of political religious or other opinions, by
associating together the said inhabitants and local authorities, voluntary and other organisations in
a common effort to advance learning, relieve poverty and sickness and to provide facilities in the
interest of social welfare for recreation and other leisure time activities with this object of improving
condition of life for the said inhabitants.
Slgnlflcant actlvltles
To establish a community resource centre and to maintain and manage the same, whether alone
or in co-operation with any local authority or other voluntary organisation in furtherance of these
objects.
In shaping our objectives for the year and planning our activities, the trustees have considered the
Charity Commission's guidan￿ on public benefit, including the guidance on public benefit and fee
charging.
Page 1

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
ort of the Trustees
for the Year Ended 31 March 2025
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Ferryhill LADDER Centre is a communty resource ￿ntre based on the Lakes Estate in Ferryhill
County Durham. We have been open to the public since 2002 and provide a wide range of
services aimed at reducing povety and supporting families in a holistic and welcoming
environment. Providing 1.1 support, group work, play and youth work.
The focus this year has been on continued support to address the cost of living crisis, increase
volunteering opportunities and support digital skills and increase financial wellbeing.
LADDER has also benefited from significant capital improvements to ensure longevity of the
Centre. This report will look at the various funders and seriices provided by the centre during the
last financial year.
UKSPF
Capital With Support from Durham County Council. L4DDER has been successful in securing
funding for essential capital work and this has included the following..
New Doors and Windows
New Solar Panels
Replacement of the conservatory for an insulated room
New Play area
This work will improve the energy efficiency of the building and future proof the Centre so we can
continue to deliver much needed services
IT - through UKSPF LADDER also secured funding to upgrade our IT infrastructure. This work has
included a new server, switch and laptops. This now allows us to provide open access public wifi
and more laptops for training, leaming and internet access.
Volunteer Project - Another element of UKSPF funding has been support for volunteering. Thi8 has
allowed us to fund a volunteer coordinator who has supported the centre and local people to
engage with local volunteer opportunities and successfully achieve the Volunteer Kitemark.
Eldon Trust - Funding from the Eldon Trust has allowed LADDER to decorate and furnish the
reception area which has created a warm and friendly atmosphere for people coming into the
centre. The Eldon Trust has also supported the work of our men's and women's groups.
Food Support
Welcome Space - Funded through County Durham Community Foundation
Welcome spaces ran from April 24 to July 24 and then restarted in Jan 25 and ran until the end of
March 2025. Providing an open access Self service breakfast and hot drink provision with staff
available to offer help and support with benefit advice, access to foodbank help and other crisis
support. In addition to this we also set up tea time toast stations to support children and young
people when they access the centre.
Happy Hive
LADDER'S Happy Hive goes from strength to strength. Providing a free 2 course meal every
Thursday with activities this group attracts in excess of 20 people each week sometimes up to 30
people. Delivered by volunteers and funded currently through private donations.
Ferryhill Food Bank
L4DDER Centre remains the main referral agency to access help from Ferryhill Food Bank. We
provide voucher codes and take in referrals and provide help and support with - debt referrals,
benefit advice and signposting to support services.
Group Activities
Ladder Centre - Monday Men's Group
Page 2

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Re
ort of the Trustees
for the Year Ended 31 March 2025
Our weekly Men's wellbeing social group has continued to be popular during the last financial year,
and despite limited funding it has continued to provide a safe space for men at risk of suffering
poor mental health and isolation to M￿t. The group has 25 active members, with new referrals
being regularly received, and those attending have taken part in regular activities such as health
walks, gym taster sessions, cooking lessons, social days out and our Life Through a Lens
Photography Project. The group has continued to benefrt from 1.1 support from the group mentor
for issues such as debts, benefits support and accessing health and wellbeing services. Vvhat has
been particularly pleasing over the last year is the number of the men attending the group who
took advantage of the support of our volunteering project and have moved into local volunteering
opportunities. This has had a positive impact upon their confidence, has built new friendships and
has improved their own resilience.
Women's Ways to Wellness Project
Our Women's ways to wellness project worked with over 30 women this year. The group was
developed to support women with their physical and mental health issues and to encourage group
members to make better choices and improve their health and wellbeing. Our women's group
meets every week and provides a safe and welcoming environment for women. During the last
year we have had trips to York, The Metro Centre, Richmond, Mainsgill Farm, walks around the
local area and Hardwick Park. We have had cookery sessions, seated exercises sessions. The
group has continued to grow and are always looking for opportunrties to take part in to further
benefit their physical and mental health.
Ladder Centre A4P Funded Big Arts Project- Lrfe Through a Lens
This very successful art project ran through the Summer of 2024 and attracted participants. The
project involved residents being offered the means. skills and opportunity to take photographs of
the County Durham area to celebrate the natural beauty of County Durham. They were then asked
to choose one photograph which really 'meant something to them,. The project gave us the
opportunity to engage a professional pholographer - Scott Akoz, to work with those taking part,
and photography trips were organised to a mix of locations locally. Each project participant was
invited to choose one photograph which was then framed and displayed at a celebration event at
The Feryhill Ladder Centre on the 4th October 2024.
Craft and Chat
Funding for craft and chat stopped this year but LADDER took the decision to keep this group
running and with support from volunteers and the centre manager the group has continued to run
and delivered Christmas craft and chat long with general craft and chat sessions.
Benefits, Employability and Digital Services
Big Lottery - Digital All
The Digital All project funded by the Lottery came to an end in December 2024 following 3 years of
funding for our digital champion we are very proud to exceed all targets set for this project.
Our Digital Champion worked the local communty to support them access IT and online ServI￿S
which included..
Online benefit Calculations and applications
Employability
Online applications for housing
Online shopping
Using comparison sites to find deals on products and services.
Online banking
Printing
Connecting with family online
Social Media
Online interviewsl Work l Benefrt assessments
Completing online training with extemal providers
Page 3

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Re
ort of the Trustees
for the Year Ended 31 March 2025
This work has been delivered on both 1..1 and group training sessions and in the last 2 years the
project has worked with 1364 people.
586 People reported an increase in their confidence using IT.
817 People reported an increase in their financial well-being.
221 People reported an improvement in their connectivity with friends and family.
251 People participated in training to improve their skills.
910 People reported an improvement in their skills and ability to job search independently and
manage their own benefit claim. As you can see this was greatly more than the project targets
which are shown below.
Total targets for the whole project were as follows:
300 people will feel more confident using IT.
150 people will report an improvement in their financial wellbeing.
150 people will report an improvement in their connectivity with friends and family.
180 People participate in training to improve their skills.
225 people report an improvement in their skills and ability to manage their benefit claims.
Benefrtting All -TNLF (Started February 2025)
Benefitting all is new funding from the Lottery to continue and improve the previous Digital All
project. This provides 3 years funding to allow us to continue and expand upon the benefit and
digital services we provide.
Although this project only started in February we have already been working hard and are well on
the way to achieving the targets set for this project which are:
300 people will have access to high qualily benefrts advice each year
To date 149
150 people will be supported to maximise their benefrt income each year
To date 90
200 people will participate in digital training over the project lifetime
To date 26
300 people will report an improvement in their digital skills to enable them to better manage online
benefit claims each year
To date 30
100 people will be supported to aC￿$S online benefit services such as Blue Badge applications
and housing applications each year
To date 25
A4P Recovering Futures
Our 4 Together Partnership funded Benefits Advice and Support Service - Recovering Futures has
continued to make a positive impact upon the financial wellbeing of our communities. The project
continues to provide excellent value for money and has again exceeded demand.
Between April 2024 and March 2025, we are delighted to report that we have assisted 870 people
to maximise their income. navigate the benefits system and access essential support in times of
crisis. We feel that the continued demand for face-to-face support when completing new
applications for benefits, appealing benefits decisions, checking entitlement to benefits, etc.
reflects how important our Benefits Advi￿ servi￿ remains to the community.
Regarding value for money, although difficult to calculate accurately, we estimate that the work
completed during these projects continues to generate over £2 million pounds a year in extra and
continuing benefit awards, a significant boost to the local economy. One client alone who worked
with us received over £11,000 in back dated benefit payments after a historic mistake was
discovered with her claim.
Page 4

Fer
hill Lakes And District Develo
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Education Resource Centre Limited
Re
ort of the Trustees
for the Year Ended 31 March 2025
Regular referrals from our partners continue, especially in relation to some of the more vulnerable
clients who require home visits to access help. We have continued to work closely with GP aligned
Social Prescribing Link Workers and Care Co-ordinators to grow this area of service.
During the last financial year our Benefits service has faced several challenges linked to ongoing
welfare reform, most notably changes to the Winter Fuel Payment and an increased demand for
Pension Credit checks. and ongoing planned Universal Credit migration. These changes have
increased our workload, and further changes are anticipated in 2026 to Personal Independence
Payment entitlement and once the outcome of the ongoing govemment Green Paper - Pathways
to Work consultation is published.
In September 2024 we were delighted to welcome Joan to the team, Joan joins the Ladder Centre
Advice Team after working for the Department for Works and Pensions for over 30 years, and we
welcome her knowledge and experience.
Livin - Hub with a Heart
A bespoke project established to offer targeted help to Livin tenants with a focus on improving
mental health, tackling social isolation, and improving financial wellbeing. This project allowed staff
the time to provide in depth and complex support to Livin tenants. Providing support to100 Livin
tenants and providing £1,956,214 in social value. This funding supported L4DDER to help Livin
tenants increase financial wellbeing, reduce depression and anxiety, and improve health and
wellbeing.
Ferryhill Town Hall Drop in - Feryhill Town Council
In the last financial year we have provided a fortnightly drop in service from Feryhill Town Hall and
during this year we have worked with 127 local residents. Covering a variety of different topics
from PIP claims, Blue Badge applications, Disabled bus pass applications, Issues with housing,
Durham Key Option accounts, applications for Council Tax reduction and Housing benefit. Benefit
Calculations, support with applications for driving licences and rail cards. Help with consumer
issues. New claims for Employment and support allowance and Universal credit. Management
of Universal credit accounts, support to request Fitnotes. Pension Credit applications, support
with Job search and CV production. We will continue to provide this drop in service as we move
forward through 2025 - 2026.
Chilton Town Council Drop In
Chilton Town Council & Fomer Cllr Julie Cairns
Between April 2024 and March 2025 our Chilton Outreach work has continued to go from strength
to strength, with an average of 13 people visiting the Drop In at Chilton Town Hall every Tuesday
morning, We have also provided support by means of home visits, to those Chilton residents who
are housebound, and this has proved massively beneficial. This work has achieved some
significant ￿SUltS, particularly in relation to maximising income for elderly people in Chilton who
previously have had no means of accessing advice and guidance readily. We would like to take
this opportunity to thank Former Councillor Julie Cairns and Chimon Town Council for the funding
and ongoing support to allow us to deliver this vital service.
CDCF - Health Improvement Fund & Organisational Sustainability Fund
Welfare delivery has always been geographically limited and demand to offer help and support to
people from the wral east corridor (Sedgefield, Fishbum, Trimdons) and Spennymoor have
significantly increased. Working in a partnership approach with social prescribers attached to GP'S
we developed and now deliver a project funded through health improvement fund which is allowing
us to support vulnerable clients who have been cut off from servI￿s. Providing telephone
appointments and home visits, demand far outstrips capacity in these areas. This project ended
December 2024 but the work from this will now continue and be funded through Benefitting All
TNLF
Children and Young Peoples Services
This year LADDER have worked with a number of funders to be able to deliver essential children
and youth work, these a￿ as follows..
Million Hours Fund - TNLF
Page 5

Fer
hill Lakes And District Develo
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Education Resource Centre Limited
Re
ort of the Trustees
for the Year Ended 31 March 2025
This covers 4 youth sessions per week and we run these Monday - Thursday every week. Working
with young people at risk of anti social behaviour.
AAP- LADDER Kids
This covers 3 play sessions and run Tuesday - Thursday every week and work with younger
children 5 - 11 years old.
During the children and youth sessions we have worked with over 200 children and young people
this year with approximately 40-50% of these children and young people having additional needs
(SEN)
Fun and Food - Durham County Council
The school holidays have been funded by the fun and food funding to help us combat holiday
hunger in the Ferryhill area. The funding allowed us to provide additional sessions during the..
Easter Holidays, Summer Holidays and Christmas Holidays. These sessions provided every child
with a hot meal during every session that they attended as well as the chance to take part in lots of
fun activities, ensuring they take part in lots of physical activities and encourage a healthy lifestyle.
We have provided over 700 hot meals to children over the last year thanks to the fun and food
funding.
LADDER Centre AAP Big Arts Funding - Musical Theatre Mural
We also had funding from the AAP Big Art funding. This funding allowed us to work with graffiti
artist Creative Ginger to create a mural on the back wall in the garden as the previous work was
looking tarnished. The young people worked with him and came up with the idea of a musical
theatre mural. The young people discussed and drew pictures of their favourite musicals and then
voted on which ones would go onto the wall. This took place over the summer holidays and was a
really good project, attracting at least 20 young people to each session.
FINANCIAL REVIEW
Principal funding sources
Funding has been received in the fomi of grants as detailed in note 3 to the account8.
Reserves policy
The Management Committee has examined the charity's requirements for reserves in light of the
main risks to the organisation. It has established a policy whereby the unrestricted funds not
committed held by the charity should be between 3 and 6 months of the expenditure. The present
level of reserrfes available to the charity of £36250 meets this target level.
FUTURE PLANS
LADDER will be looking to deliver targeted projects along with our main delivery activities. The
focus of these will be on British Values as we aim to encourage and support community cohesion.
We will also be looking to deliver projects with a reuse and repurpose focus and potentially open a
repair café
LADDER also will focus on securing more long term funding for play and youth delivery and look to
continue to develop and improve our volunteer offer.
Further changes to the benefits system will also be prioritised as we look to mitigate any issues
caused as we enter the final stages of migration to universal credit and start the process of
pathways to work consultation and then implementation.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its goveming document, a deed of trust, and constitutes a limited
company, limited by guarantee, as defined by the Companies Act 2006.
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Fer
hill Lakes And District Develo
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Education Resource Centre Limited
Re
ort of the Trustees
for the Year Ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
The directors of the company are also charity trustees for the purpose of charity law and under the
company's Articles are known as members of the Management Committee.
Under the requirements of the Memorandum and Articles of Association the members of the
Management Committee are elected to serve for a period of 1 year after which they must be
re-elected at the next Annual General Meeting.
The Management Committee seeks to ensure that the needs of the charity are appropriately
reflected through the diversity of the trustee body.
Organlsatlonal structure
The Ferryhill LADDER Centre Ltd has a Management Committee of up to 7 members who meet
quarterly and are responsible for Ihe strategic direction and policy of the charity. A monthly
meeting convenes to discuss operational and day-to-day running of the Centre.
A scheme of delegation is in place and day-to-day responsibility for the provision of the serlices
rests with the Development Worker.
Induction and trainlng of new trustees
Most trustees are familiar with the practical work of the charity and an induction pack has been
implemented to introduce new trustees and infomiation is provided as to the extent of their
responsibilities and roles.
R18k management
The Management Committee has concluded its own review of the major risks to which the charity
is exposed and systems have been established to mitigate those risks. Internal risks a
minimalised by the implementation of procedures for authorisation of all transactions and projects
and to ensure consistent quality of delivery for all operational aspects of the charitable company.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
03953195 (England and Wales)
Registered Charity number
1090005
Registered office
Ferryhill Ladder Centre Ltd
5-7 Coniston Road
Ferryhill
Co. Durham
DL17 8EZ
Page 7

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Re
ort of the Trustees
for the Year Ended 31 March 2025
Trustees
Mr J Birchall (resigned 12.7.24)
Mrs V A Birchall
Mrs V C Hall
Mr P B Atkinson
Ms R D Henderson
Ms R A Jacobs
MsJBMcCourt
Ms J L West (appointed 12.7.24)
Company Secretsry
Ms R A Jacobs
Independent Examlner
Peter A Hodgson
Peter A Hodgson & Co Limited
Chartered Certified Accountants
Hett Mill Cottage
Hett
Durham
DH6 5LN
Approved by order of the board of trustees on 7 July 2025 and signed on its behalf by..
Mr P B Atkinson - Trustee
Page 8

Inde
endent Examin8rfs Re
ort to the Trustees of
Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Independent examlnerfs report to the trustees of Ferryhill Lakes And District Development
Education Resource Centre 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.
Responslbilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law)
you are responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 2006 (Ihe 2006 Act.)
Having satisfied myself that the accounts of the Company are not required to be audited under
Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my
examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011
('the 2011 Act,). In carying out my examination I have followed the Direction8 given by the Charity
Commission under Section 145(5) (b) of the 2011 Act.
Page 9

Inde
endent Examiner's Re
ort to the Trustees of
Fer
hill Lakes And District Develo
ment
Education Resource Centre Llmlted
Independent examinerfs statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed
body. I can confirm that l am qualified to undertake the examination because l am a member of the
Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confinn that no matters have come to my attention in
connection with the examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by Section 386 of
the 2006 Act. or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act
other than any requirement that the accounts give a true and fair view which is not a matter
considered as part of an independent examination,. or
the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities (applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Sreland (FRS 102)).
I have no concerns and have come across no other matters in connection wilh the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Peter A Hodgson
The Association of Chartered Certified Accountants
Peter A Hodgson & Co Limited
Chartered Certified Accountants
Hett Mill Cottage
Hett
Durham
DH6 5LN
7 July 2025
Page 10

Fer
hill Lakes And District Develo
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Education Resource Centre Limited
Statement of Flnancial Activlties
for the Year Ended 31 March 2025
31.3.25
Total
funds
31.3.24
Total
funds
Unrestricted Restricted
funds
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
4.050
4,050
536
Charitable activities
Room Hire
Grants Received
2,500
179,302
29,763
307,873
337,636
Other income
5.000
5,000
Total
33.813
312873
187,338
EXPENDITURE ON
Charltable actlvltles
Administration of Charity
37,332
216,346
253,678
182,931
NET INCOMEI(EXPENDITURE)
(3,519)
96,527
93,008
4,407
RECONCILIATION OF FUNDS
Total funds brought for#vard
39,769
199,504
239,273
234,866
TOTAL FUNDS CARRIED FORWARD
296 031
332 281
239 273
The notes form part of these financial statements
Page11

Fer
hill Lakes And District Develo
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Education Resource Centre Limited
Statement of Flnanclal Position
31 March 2025
31.3.25
Total
funds
31.3.24
Total
funds
Unrestricted Restricted
funds
funds
Notes
FIXED ASSETS
Tangible assets
10
11,160
203,875
215,035
109,773
CURRENT ASSETS
Debtors
Cash at bank and in hand
9,602
9,602
116134
412
137263
29,522
96,214
125,736
137675
CREDITORS
Amounts falling due within one year
12
<4,432)
{4,058)
(8490)
(8175)
NET CURRENT ASSETS
92.156
117246
129 500
TOTAL ASSETS LESS CURRENT
LIABILITIES
36,250
296,031
332,281
239,273
NET ASSETS
296,031
332 281
239 273
FUNDS
Unrestricted funds
Restricted funds
15
36,250
296,031
39,769
199,504
TOTAL FUNDS
332,281
239 273
The charitable company is entitled to exemption from audit under Section 477 of the Companies
Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the
year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections
386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the
charitable company as at the end of each financial year and of its surplus or deficit for each
financial year in accordance with the requirements of Sections 394 and 395 and which
othemise comply with the requirements of the Companies Act 2006 relating to financial
statements. so far as applicable to the charitable company.
The notes form part of these financial statements
Page 12
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Fer
hill Lakes And District Develo
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Education Resource Centre Limited
Statement of Flnanclal Position - continued
31 March 2025
These financial statements have been prepared in accordance wrth the provisions applicable to
charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on
7 July 2025 and were signed on its behalf by..
Mrs V A Birchall - Trustee
Mr P B Atkinson - Trustee
The notes fonn part of these financial statements
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Fer
hill Lakes And District Develo
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Education Resource Centre Limited
Notes to the Financial Statements
for the Year Ended 31 March 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under
FRS 102, have been prepared in accordance with the Charities SORP (FRS 102)
'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),. Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland, and the Companies Act 2006. The financial statements have been
prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has
entitlement to the funds, it is probable that the income will be received and the amount can
be measured reliably.
Expendlture
Liabilities are recognised as expenditure as soon as there is a legal or constructive
obligation committing the charity to that expenditure, it is probable that a transfer of
economic benefrts will be required in settlement and the amount of the obligation can be
measured reliably. Expenditure is accounted for on an accruals basis and has been
classified under headings that aggregate all cost related to the category. Where costs cannot
be directly attributed to particular headings they have been allocated to activities on a basis
consistent with the use of resources.
Tanglble flxed assets
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life.
Improvements to property
Plant and machinery
Fixtures and fittings
Computer equipment
in accordance with the property
200k on cost
200A on cost
20% on cost
Taxatlon
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion
of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the
charity. Restrictions arise when specified by the donor or when funds are raised for
particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the
financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on
a straight line basis over the period of the lease.
Page 14
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Fer
hill Lakes And District Develo
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Education Resource Centre Limited
Notes to the Financial Statements - contlnued
for the Year Ended 31 March 2025
ACCOUNTING POLICIES - continued
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions
payable to the charitable company's pension scheme are charged to the Statement of
Financial Activities in the period to which they relate.
DONATIONS AND LEGACIES
31.3.25
31.3.24
Donations
4,050
536
INCOME FROM CHARITABLE ACTIVITIES
31.3.25
31.3.24
Activity
Room Hire
Grants Received
Room hire
Grant8
2,500
179302
337 636
337,636
181,802
Grants received, included in the above, are as follows:
31.3.25
31.3.24
Durham County Council
184,144
22,270
10,000
86,305
27,275
1,495
County Durham Community Foundation
Livin, Housing Ltd
The National Lottery Community Fund RC North East and
Cumbria Fund
Ferryhill Town Council
Neighbourly Foundation
Pioneering Care Group
Chilton Town Council
TNLCF The Million Hours
Rural Design Centre
92,424
2,200
500
45,750
6,428
2,055
6,994
3,000
6,500
17,692
337,636
179,302
Page 15
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Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Notes to the Financial Statements - contlnued
for the Year Ended 31 March 2025
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 5)
Direct
Costs
Totals
Administration of Charity
225,478
28,200
253,678
SUPPORT COSTS
Governance
costs
Management Finance
Totals
Administration of Charity
23,252
128
4,820
28,200
NET INCOMEI{EXPENDITURE)
Net incomel(expenditure) is stated after chargingl(crediting):
31.3.25
31.3.24
Depreciation - owned assets
Other operating leases
Deficit on disposal of fixed assets
8,232
5,917
7,000
7,564
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other beneffts for the year ended 31 March 2025
nor for the year ended 31 March 2024.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year
ended 31 March 2024.
STAFF COSTS
31.3.25
31.3.24
Wages and salaries
Social security costs
Other pension costs
145,542
11,922
3,047
114,112
8,760
2,459
160,511
125,331
The average monthly number of employees during the year was as follows..
31.3.25
10
31.3.24
Support Workers
Page 16
continued...

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Notes to the Financial Statements - contlnued
for the Year Ended 31 March 2025
STAFF COSTS - continued
No employees received emoluments in eX￿sS of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
funds
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
536
536
Charltable actlvltles
Room Hire
Grants Received
2,500
29,312
2,500
179,302
149,990
Other income
5,000
5,000
Total
32,348
154,990
187338
EXPENDITURE ON
Charitable activities
Administration of Charity
182,931
NET INCOME
511
3,896
4,407
RECONCILIATION OF FUNDS
Total funds brought for#vard
39,258
195,608
234,866
TOTAL FUNDS CARRIED
FORWARD
199,504
239,273
Page 17
continued...

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Notes to the Flnanclal Statements - contlnued
for the Year Ended 31 March 2025
10. TANGIBLE FIXED ASSETS
Improvements
to
property
Fixtures
and
ffttings
Plant and
machinery
Computer
equipment
Totals
COST
At 1 April 2024
Additions
Disposals
168,613
58,903
15,571)
16,422
40,927
13,140)
20,471
2,213
13,021
20,554
218,527
122,597
At 31 March 2025
211,945
308 531
DEPRECIATION
At 1 April 2024
Charge for year
Eliminated on disposal
69,160
3.112
16,422
682
15,336
2,103
7,836
2,335
108,754
8,232
At 31 March 2025
65,804
17,439
NET BOOK VALUE
At 31 March 2025
146,141
40,245
5.245
215,035
At 31 March 2024
99,453
109773
11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25
31.3.24
Accruals
Prepayments
1,952
412
412
Page 18
continued...

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Notes to the Flnanclal Statements - contlnued
for the Year Ended 31 March 2025
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25
31.3.24
Social security and other taxes
Accrued expenses
4,058
4,432
2,924
5,251
13. LEASING AGREEMENTS
Minimum lease payments under non•cancellable operating leases fall due as follows..
31.3.25
31.3.24
Between one and five years
16,577
21,524
Page 19
continued...

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Notes to the Financial Statsments - continued
for the Year Ended 31 March 2025
15. MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3,25
At 1.4.24
Unrestricted funds
2 Runninglredundancy costs
Contingency fund
Youth
Unrestricted
Maintenance
24,767
4,536
1,677
2,203
6,586
(9,100)
50
(1,677)
8,445
15,667
4,586
10,648
39,769
(3,519)
36,250
Restricted funds
4 Support Worker
6 Support Worker
3 Support Worker
5 Support Worker
Fixed Assets Restricted
7 Support Worker
Ladies Group
Sport
Easter Activities
Pioneering Care Group
Craft and Chat
KitchenlFood
10 Support Worker
Pioneering Care Group Curry Club
County Durham COM
IT Systems
UKSPF Capital Fund
11 Support Worker
A4P 2025
Volunteer UKSPF
12 Support Worker
TNLCF Million Hours
Fun and FoodDCC
13,223
32,989
28,349
4,824
102,197
8,373
675
526
4,160
440
477
2,367
654
250
1,916
(12,412)
{4,294)
{3,466)
(15,996)
(7,437)
15,139
20,577
24,055
1,358
86,201
936
675
{526)
(4,160)
(440)
(53)
(1,247)
(500)
(250)
9,790
15,565
97,298
12,239
2,000
2,346
3,225
2,399
530
424
1,120
154
9,790
15,565
97,298
12,239
2,000
2,346
3,225
2,399
530
199,504
96,527
296,031
TOTAL FUNDS
239,273
93,008
332,281
Page 20
continued...

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Notes to the Flnanclal Ststements - continued
for the Year Ended 31 March 2025
15. MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows:
Incoming Resources Movemenl
resources
expended
in funds
Unrestricted funds
2 Runninglredundancy costs
Contingency fund
Youth
Unrestricted
Maintenance
23,648
50
54
(32,748)
(9,100)
50
(1,677)
8,445
(1,731)
8,445
11298)
10,061
33,813
(37,332)
Restrictsd funds
4 Support Worker
6 Support Worker
3 Support Worker
5 Support Worker
Fixed Assets Restricted
7 Support Worker
Sport
Easter Activities
Pioneering Care Group
Craft and Chat
KitchenlFood
10 Support Worker
Pioneering Care Group Curry Club
County Durham COM
IT Systems
UKSPF Capital Fund
Welcome Space 2025
11 Support Worker
AAP 2025
Volunteer UKSPF
12 Support Worker
Christmas 2024
Group Activities
Big Art DCC
TNLCF Million Hours
Fun and FoodDCC
Raised Beds DCC
(3,519)
30,924
18,424
37,143
19,745
(29,008)
(30,836)
(41,437)
{23,211)
(15,996)
(21,522)
(526)
(4,160)
{440)
(53}
(2,467)
(1,925)
(250)
1,916
(12,412)
(4,294)
(3,466)
(15,996)
(7,437)
(526)
(4,160>
(440)
(53)
(1,247)
(500)
(250)
9,790
15,565
97,298
14,085
1,220
1,425
9,790
27,020
100,013
117
15,000
2,000
4.410
6,058
1,555
200
6,215
9,603
5,926
2,000
(11,455)
(2,715)
(117)
(2.761)
12,239
2,000
2,346
3,225
(2,064)
{2,833)
{1,555)
(200)
(6,215)
(7.204)
(5,396)
2,000)
2,399
530
312,873
TOTAL FUNDS
346.686
253,678)
93,008
Page 21
continued...

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Notes to the Financial Ststements - contlnued
for the Year Ended 31 March 2025
15. MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
Net
movement
in funds
At
31.3.24
At 1.4.23
Unrestricted funds
2 Runninglredundancy costs
Contingency fund
Youth
Unrestricted
Maintenance
22,979
4,506
1,002
1,058
9,713
1,788
30
675
1,145
24,767
4,536
1,677
2,203
6,586
Restricted funds
4 Support Worker
6 Support Worker
3 Support Worker
5 Support Worker
Fixed Assets Restricted
7 Support Worker
8 Support Warker
Ladies Group
Sport
Easter Activities
Pioneering Care Group
Craft and Chat
Volunteer Fund
Platinum Fixed Assets
Police and Crime Commissioner
Fund
CD Com Fund
39,258
511
39,769
12,145
15,644
31,064
8,326
99,750
9,787
3,399
1,175
526
1,078
17,345
(2,715)
(3,502)
2,447
(1,414)
(3,399)
(500)
13,223
32,989
28,349
4,824
102,197
8,373
675
526
4,160
440
477
4,160
440
(108)
(765)
(3,036)
585
765
3,036
Happiness Hub for Men
Children
KitchenlFood
10 Support Worker
Pioneering Care Group Curry Club
1,225
600
2.738
3.316
1,527
(1,225)
(600)
(2,738)
(949)
(873)
250
2,367
654
250
195.608
3,896
199,504
TOTAL FUNDS
234,866
4,407
239,273
Page 22
continued...

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
15. MOVEMENT IN FUNDS- continued
Comparative net movement in funds. included in the above are as follows..
Incoming Resources Movement
resources
expended
in funds
Unrestricted funds
2 Runninglredundancy costs
Contingency fund
Youth
Unrestricted
Maintenance
31,643
30
675
(29,855)
1,788
30
675
1,145
1,145
Restrlcted funds
4 Support Worker
6 Support Worker
3 Support Worker
5 Support Worker
Fixed Assets Restricted
Livin, Housing Ltd
7 Support Worker
8 Support Worker
Ladies Group
Halloween
Easter Activities
Pioneering Care Group
Craft and Chat
Volunteer Fund
Platinum Fixed Assets
Police and Crime Commissioner
Fund
CD Com Fund
32,348
(31,837)
511
26,544
47,094
36,064
7.010
4,984
2.473
13.622
(25,466)
(29,749)
{38,779)
(10,512)
{2,537)
(2,473)
(15,036)
{3,399)
{500)
(731)
1,078
17,345
(2,715)
(3,502)
2,447
(1,414)
(3,399)
(500)
731
4,160
600
250
4,160
440
(108)
(765)
(3,036)
(160)
(358)
(765)
{3,036)
Happiness Hub for Men
Children
KitchenlFood
10 Support Worker
CDCF Accounts and Social Media
County Durham Com Welcome
Space
Pioneering Care Group Curry Club
(675)
(85)
825
4.307
1,208
5,000
(550)
(515)
{3,563)
(5,256)
(2,081)
{5,000)
(1,225)
(600)
(2,738)
(949)
(873)
628
250
(628)
250
154,990
3,896
TOTAL FUNDS
187.338
182,931)
4,407
Page 23
continued...

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Notes to the Financlal Statements - continued
for the Year Ended 31 March 2025
15. MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
At
31.3.25
At 1.4.23
Unrestrlcted funds
2 Runninglredundancy costs
Contingency fund
Youth
Unrestricted
Maintenance
22,979
4,506
1,002
1,058
9,713
(7,312)
80
(1,002)
9,590
15,667
4,586
10,648
5,349
Restricted funds
4 Support Worker
6 Support Worker
3 Support Worker
5 Support Worker
Fixed Assets Restricted
7 Support Worker
8 Support Worker
Ladies Group
Sport
Craft and Chat
Volunteer Fund
Platinum Fixed Assets
Police and Crime Commissioner
Fund
CD Com Fund
39,258
(3,008)
36,250
12,145
15.644
31,064
8,326
99,750
9,787
3,399
1,175
526
585
765
3.036
2,994
4,933
(7,009)
(6,968)
(13,549)
(8,851)
(3,399)
(500)
(526)
(161)
(765)
(3,036)
15,139
20,577
24,055
1,358
86,201
936
675
424
Happiness Hub for Men
Children
KitchenlFood
10 Support Worker
County Durham COM
IT Systems
1,225
600
2,738
3,316
1,527
(1,225)
(600)
(2,738)
(2,196)
{1,373)
9,790
1,120
154
9,790
E 'li
UKSPF Capital Fund
11 Support Worker
A4P 2025
Volunteer UKSPF
12 Support Worker
TNLCF Million Hours
Fun and FoodDCC
15,565
97,298
12,239
2,000
2,346
3,225
2,399
530
15,565
97,298
12,239
2,000
2,346
3,225
2,399
530
195,608
100 423
296,031
TOTAL FUNDS
234,866
97,415
332,281
Page 24
continued...

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Notes to the Financlal Statements - continued
for the Year Ended 31 March 2025
15. MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined net movement in funds,
included in the above are as follows:
Incoming Resources Movement
resources
expended
in funds
Unrestricted funds
2 Runninglredundancy costs
Contingency fund
Youth
Unrestricted
Maintenance
55,291
80
729
(62,603)
(7,312)
80
(1,002)
9,590
(1,731)
9,590
10,061
Restricted funds
4 Support Worker
6 Support Worker
3 Support Worker
5 Support Worker
Fixed Assets Restricted
Livin, Housing Ltd
7 Support Worker
8 Support Worker
Ladies Group
Halloween
Sport
Easter Activities
Pioneering Care Group
Craft and Chat
Volunteer Fund
Platinum Fixed Assets
Police and Crime Commissioner
Fund
CD Com Fund
66,161
(69,169)
(3,008)
57,468
65,518
73,207
26,755
4,984
2,473
27,707
(54,474)
(60,585)
(80,216)
(33,723)
(18,533)
(2,473)
(36,558)
{3,399)
(500)
(731)
{526)
(4,160)
(600)
(411)
(765)
{3,036)
2,994
4,933
(7,009)
(6,968)
(13,549)
(8,851)
(3,399)
(500)
731
(526)
4,160
600
250
(161)
(765)
(3,036)
Happiness Hub for Men
Children
KitchenlFood
10 Support Worker
CDCF Accounts and Social Media
County Durham Com Welcome
Space
Pioneering Care Group Curry Club
County Durham COM
IT Systems
UKSPF Capital Fund
Welcome Space 2025
11 Support Worker
AAP 2025
Volunteer UKSPF
(675)
(85)
825
5,527
2,633
5,000
(550)
(515)
(3,563)
(7,723)
(4,006)
(5,000)
(1,225)
(600)
(2,738)
(2,196)
(1,373)
628
250
9,790
27,020
100,013
117
15,000
2,000
4,410
{628)
(250)
9,790
15,565
97,298
{11,455)
(2,715)
{117)
(2,761)
12,239
2,000
2,346
(2,064)
Page 25
continued...

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
15. MOVEMENT IN FUNDS- continued
12 Support Worker
Christmas 2024
Group Activities
Big Art DCC
TNLCF Million Hours
Fun and FoodDCC
Raised Bed8 DCC
6,058
1.555
200
6,215
9.603
5,926
(2,833)
(1,555)
(200)
(6,215)
(7,204)
(5,396)
3,225
2,399
530
467,863
367,440
100,423
TOTAL FUNDS
534,024
436,609)
97,415
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
17. ULTIMATE CONTROLLING PARTY
The company is incorporated as a company limited by guarantee and not having a share
capital. The members of the company have each undertaken to contribute an amount not
exceeding £1 towards any deficit arising in the event of the company being wound up. This
guarantee applies during the period of membership and extends one year after membership
ceases.
Page 26

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Detalled Ststement of Financlal Activities
for the Year Ended 31 March 2025
31.3.25
31.3.24
INCOME AND ENDOWMENTS
Donations and legacies
Donations
4,050
536
Charitsble activities
Room hire
Grants
2,500
179 302
337 636
337,636
181,802
Other income
Employment allowance
5,000
5,000
Total incoming resources
346,686
187,338
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Police checks
Activity costs
Repairs and maintenance
Staff travel
Licences
Cleaning
Work clothing
Rentokil
Sage software
Photocopier usage
Staff Training Costs
145,542
11,922
3,047
819
1,423
2,770
5,751
772
1,243
126
34,735
12,267
354
761
114,112
8,760
2,459
461
1,785
4,470
3,187
376
2,104
52
15,979
7,319
109
386
426
227
920
144
853
495
1,012
150
1,299
990
225,478
164,129
Support Costs
This page does not form part of the statutory financial statements
Page 27

Fer
hill Lakes And District Develo
ment
Education Resource Centre Limited
Detsiled Statement of Flnancial Activities
for the Year Ended 31 March 2025
31.3.25
31.3.24
Support costs
Management
Other operating leases
Improvements to property
Plant and machinery
Fixtures and fittings
Computer equipment
Loss on sale of tangible fixed assets
5,917
3,112
682
2,103
2,335
9,103
7,564
3,372
1,998
1,630
23,252
14,564
Flnance
Bank charges
128
121
Governance costs
Accountancy fees
Professional fees
3,698
3,349
768
4,820
4,117
Total resources expended
253 678
182 931
Net Income
This page does not forni part of the statutory financial statements
Page 28