COMPANY REGISTRATION NUMBER: 03716352 CHARITY REGISTRATION NUMBER: 1090795 Four Estates Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2025 AGP Chartered Accountsnts Sycamore House Sutton Quays Business Park Sutton Weaver Runcorn Cheshire WA7 3EH
Four Estates Limited Company Llmited by Guarantee Financial Statements Year ended 31 March 2025 Page Trustees, annual report (incorporating the directorfs report) Independent examiner's report lo the trustees Statement of financial activities {includlng income and expenditure account) statement of financial position Notes to the financial statements The followlng pages do not form part of the flnancial statements Detailed statement of financial activities 15
Four Estates Limited Company Limited by Guarantee Tru8tse8' Annual Report (Incorporating the Dlrector's Report) Year ended 31 March 2025 The trustees, who are also the directors for the purpo8e8 of company law, present their repori and the unaudited financi81 statements of the charlty for the year ended 31 March 2025. Reference and admlnlstrative detalls Reglstered charfty name Four Estates Limited Charlty reglstration number 1090795 Company registratlon number 03716352 Principal offlce and reglstered The Hlllcrest Centre office Leaside Halton Brook Runcorn Cheshire WA7 2DY Th9 trust888 N Rimmer S Hendry M Boyce (Dled 23 June 2024) Company secretary N Rimmer Independent examlner Simon McLean FCA StruGturei governanGe and management The charlty's governing documentls Its memorandum and articles of association incorporated on 19th February 1999 and amended by special resolutlon on 24th January 2017. The company is limitgd by guarantee and ther&fore gvery member of the company undertakes to conlrlbute such amount as may be requlred (not exceedlng £1) to the company's assets if it should b8 wound up while helshe is a member cr wlthin one year after helshe ceases to be a member. Members of the board of manag8m8nt, who are directors for the pury)ose of company law and trustees for the purpose of Gharity law, who served during the year and up to the date of this report are sel out onpage1. Trustees are recruited through existing networks and the standard Inductlon prooedures from the Community Foundatlon are applled. Trustees receive training regarding community work vla various training associations. Miss Nora Rimmer is responsible for the day tD day operation, Overall responslbility is shared with the trustees on decislons.
Four Estates Limited Company Limited by Guarantee Trustees. Annual Report Ilncorporating the DirectoPs Report) (¢onVnue¢ Year ended 31 March 2025 Oblectlves and act5vtti88 The company is established for the followin9 objects;. The promotion for Ihe publlc ben8frt of urban or rural regeneration in any areas of soclal and economic deprivatlon (and in particular the estates located in Runcorn within the borough of Halton in the United Klngdom known as Halton Brook, Hallwood Park, Murdishaw, Palaceflelds and surrounding areas) by developing 8nd delivering setvices, project8 and initiatives in the interesl of the relief of poverty, the enhancement of community development and the relief of Ihose In need, by reason of financial hardship, unemployment, ill heallh or other disadvantage. The Trustees review the aims, objectiV88 and activlties each year to ensure that they remain focussed on the objectives of the organisation. The Trustees refer to Ihe guldance given to them by the Charities Commission on publlc benefft during this process and assess how successful the activities have been and what benefits have been brought to the groups of people th8 organisatlon is set up to help. Achlevements and performance Th8 viabillty of the community centr8 and residents, involvement has been the main achievem8nt of Four Estate8 Limited in the year under revlew. The trustees conslder that the company will contlnue as a going concern for tha next 12 months. Flnancial revlew In the year ended 31 March 2025 the charty's incoming resources exceeded its oulcomlng resources by £8,686 leaving the reserves at £252,035 of which £91,284 are unrestricted and £160,751 are restricl@d. The Trustees are satisfied with the results for lh8 year. Prlncipal sources of funding are detalled in the notes to the accounts. Reserves pollcy It is the policy of the tru8tèe8 to build up unrestricted reserves to provide working capilal lo enable the actlvities of the charity to continue in the event of a significant drop in funding and to enable contracted commitments to be met. Plans for futur8 perlod3 The trustees do not foresee any slgnificant changes to the charity's activlties and operations. Prlnclpal rlsks faclng th6 charlty The trustees can foresee no significant risks or uncertainties facing the charity. Investment of powers and rastrictlons Under the Memorandum and Articles of Association the company may undertake any investment which lh6 trustees see fft,
Four Estates Limited Company Limited by Guarantee Trustees. Annual Report {Incorporating the Director's Report) (contlnuedj Year ended 31 March 2025 Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees, annual report was approved on 6 March 2026 and signed on behalf of the board of trustees by.. NRI Trustee
Four Estates Limited Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Four Estates Limltsd Year ended 31 March 2025 I report to the trustee8 on my examination of the financial statementB of Four Estates Llmited {'the charity,) for th8 year ended 31 March 2025, Responsibilities and basls of report As the trustees of the company (and al80 Its directors for the purposes of company law) you are responsible for the preparation of the financial stal8ments in accordance with the requirements of the Companies Act 2006 {'the 2006 Act,). Having satisfied mys81f that the aGcounts of the company are not requlred to be auditad under Part 16 of the 2006 Act and are eligible for independent examlnation, I report in respect of my examinatlon of the charity's accounts as carried oul under section 145 of the Charilles Act 2011 {'the 2011 Act,). I n carying out my examination I have followed the Dir8Ctions glven by the Charty Commission under section 145(5)(bl of the 2011 Act. Independertt èxaminer's stat6ment I have Gompleted my examinatlon. I confirm Ihat no matters have come to my attention in connection wtth the examination givlng me cause to b81ieve'. accounting records were not kept Sn respect of the charity as required by sectlon 386 of the 2006 Act,, or tho financial statements do not accord wlth those records; or the financial stataments do not comply with the accounting requirements of seclion 396 of the 2006 Act other than any requirement that the accounts give a 'tru8 and fair, view which is not a matter considered as part of an independent examination,. or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recornmended Practice for accounting and r8POrting by charities applicable to charitie8 preparing their accounts in accordance with the Financlal Reporting Standard applicable In the UK and Republic of Ireland IFRS 102), I have no concern8 and have come across no other matters in connection with the examinatlon to which atlention should be drawn in thi8 report In order to enable a proper understanding of the accounts to be reached. Simon McLean FCA Independent Examlner AGP Chartered Accountants Sycamore House Sutton Quays Business Park Sutton Weaver Runcorn Cheshire WA7 3EH 6 March 2026
Four Estates Limited Company Llmltad by Guarantee ststement of Flnanclal Activities (Including income and expenditure account) Year ended 31 March 2025 2025 Restricted funds Totsl funds Total funds 2024 Unrestricted funds Noto Inoome Income from charitable actlvltles-. Other Investment income 178,490 3,533 62,530 241,020 3,533 288,534 2.836 291,370 Total Income 182,023 62,530 244,553 Expendlture Expendlture on charitable activltles Total expenditure {188,4601 (188,4601 (47,40n (235,8671 (230,484) (47,407) 1235,8671 (230,484) Net Income and net movemenl In funds (6,437) 15,123 8,686 60,886 Reconciliation of fund8 Total funds brought forward Total funds carried forward 97,721 145,628 160,751 243,349 252,035 182,463 243,349 91,284 The statemeni of financial activlties Includes all galns and losses recognised in the year. All income and 8xpenditur8 derive from continuing aolivities. Tho nots8 on pagè8 7 to 13 fomi part of tho80 flnan¢lal statements.
Four Estates Limited Company Limited by Guarantee Statement of Financial Position 31 March 2025 2025 2024 Note Current assets Debtors Cash at bank and in hand 12 6,102 254,084 3,735 278,932 260,186 282,667 Creditors: amounts falling due within one year Net current assets 13 8,151 39,318 243,349 243,349 252,035 252,035 Total assets less current liabilities Net assets 252,035 243,349 Funds of the charity Restricted funds Unrestricted funds 160,751 91,284 145,628 97,721 Total charity funds 14 252,035 243,349 For the 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 company to obtain an audit of its financial statements for the year in question in accordance with Section 476., The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial staternent5. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These financial statements were approved by the board of trustees and authorised for issue on 6 March 2026, and are signed on behalf of the board by.. N Rimmer Trustee The notes on page8 7 to 13 fonn part of these financlal statemonts.
Four Estates Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2025 General Informatlon The charity is a publlc benafrt entity and a privale company limited by guarantee, registered in England and Wales and a registered charity in England and Wales, The address of the registered office 18 The Hlllcr8St Centre, Leaside, Halton Brook, Runcorn, Cheshire, WA7 2DY. Statement of compllance These finanolal ststemènts have been prepared in compliance wllh FRS 102, 'The Financial Reportlng Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance wilh the Financial Reporting Standard appllcabl& in the UK and Republic of Ireland {FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. Accountlng pollcles Basls of preparation The financial statements have been prepared on the historlcal cost basis, as modified by the revaluation of cortain financial assets and Ilabillties and investment properties measured at fair value through incomè or 8xp8nditure. The financlal statements are prepared In sterling, which is the functional currency of the entity. Going GonGern There are no materlal uncertainties about the charity's abilty to continue. Judgements and key sources of estlmallon uncertainty The prgparation of the financial statements requires management to make judgements, e8timate8 and assumptions that affect the amounts reported. These estimatgs and judgements are continually reviewed and are based on experience and other f8Ctors. including 8XPeCtations of future events that are believed to be reasonable under the circumstances. Income tax The company is a registered charity and no provislon Is consldered necessary for taxatlon. Fund accounting Unrestrlcted funds ar8 avallable for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commilment, Restricted funds are subjected to restrlctlon8 on their expenditure declared by the donor or through the term8 of an appeal, and fall into one of two sub<lasses.' restricted income funds or endowment funds.
Four Estates Limited Company Limited by Guarantee Notes to tho Financial Statements (contlnued) Year ended 31 March 2025 Accounting pollcles (continuedj Incomlng r8source8 All incoming resources are included In the statement of financial activities when entitlement has pa58ed to the charity., it 18 probable that the economic benefits as8ociated with the Iransaction wlll flow to the charily and the amou nt can be reliably measured, The following specific policles are applied to particu lar categories of income.. income from donations or grants is recogni8ed when there is evidenc& of entitlement to the gift, receipt is probable and its amount can be measured reliably, legacy InCe 18 recognised when receipt is probable and entltlement is 68tablished. income from donated goods is m8asured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the c05t to the doncr or the estimated resa18 value. Donated faGilities and services are recognised in the accounts when recelved if the value Gan be r8liably measured, No 8mount8 are included for the ¢onlributicn of general volunteers. income from contraGts for the 8upply ef services Is recogni8ed with the delivery of the contracted seNic8. This 18 c18ssified as unrestricted funds unless there is a contractual requirement for It to be spent on a particular purpose and returned rf unspant, in which case it may be regarded as restricted. ResourGes expended Expenditure is recogn Ised on an accruals basis as a liabllity Is incurred. Expenditur8 includes any VAT which cannol be fully racov8r8d, and Is classlfied undar h8adings of the st8tement of financlal activlties to which it relates: expendlture on raising funds includes the Costs of a51 fundraising aclfvities, events, non4haritable trading activlties, and the sale of donatad goods. expenditure on charitable Sctivities includes all cosls incurred by a charity in undertaking activities that further its charitable aims for the benefit of ils beneficiaries, including those support costs and costs relating lo the governance of the charity apportioned to charltsble activlties, olher expenditure includes all expenditure that is nelthei relat8d to ralsing ftjnds for the charity nor part of its expendtture on charitable activiti88. All costs are allocated to expenditure categories reflecting the use of the resourc8. Dlrecl costs attribut8ble to a sing le activity are allocated dlrectly to that sctivity. Shared costs are apportioned beeen the activities they contribute to on a reasonable, justifiable and consistent basis, Debtors Short term debtors are measured 81 transaction price, less any impairment. Loans receivable are measured Initlally at falr value. net of transaction costs, and are measured subsequently at 8mortised cost using the effective interest mathod, less any impairment.
Four Estates Limited Company Llmlted by Guarantee Notes to the Financlal Ststements (contlnuedj Year ended 31 March 2025 Accounting policles {contlnuedJ Credltors Short term trade creditor8 are measured at the tran&9CtIDn price. Other financial liabilities, including bank 108ns. are mea8ur6d Initially at fair value, net of transaction costs, and are measured Subsequently at amortised cost usSng the effeclive Interest method, Flnanclal Instruments The company Dnty has financial assets and financial liabilities of a klnd that qualify as basic rinancial instrument8. Bas1¢ financlal instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently mea8ured at amortised cost using the effective interest method. Llmlted by guarantee Every member of the Company und8rtak&s to CDntribute such amount as may be required (not 8xc8eding £1) to the Company's assets if it should b8 wound up while helshe is a m8mber or withln one year after helshe ceases to be a member. If, upon winding up or the dissolution of th8 company, th8r8 remains. after 8ati8faGtion of all debts and liabllitles, any property whatsoever, the surplus shall be glven or transferred to som8 other ¢hariiable Institutlon having charitable objects slmllar to the objects of the company. Income from charitable aclivitias:. othor The following grants of £20,000 or more were received during the year.. Total Funds 2024 Unrestricted Restricted Funds Funds Cadent Gas 156,406 156,406 Investment income Unrestrlctad Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Bank Interest receivable 3,533 3,533 2,836 2,838
Four Estates Limited Company Llmlted by Guarantsa Notes to the Flnanclal Statements (ConfInd) Year ended 31 March 2025 Expenditure on charltable actlvlties by fund type Unrestricted Funds RestrKted Total Funds Funds 2026 Community work Support costs 186,580 1,880 47,407 233,987 1,880 235,867 188,460 47,407 Unrestricted Fund8 Restricted Total Funds Fund8 2024 Community work Support costs 177,367 1,980 51,137 228,504 1.980 230,484 179,347 51,137 Exp6nditure on charltable activities by actlvlty type Activities undertaken directly Support Total fund5 costs 2026 Total fund 2024 Communtty work Governance costs 233,987 233,987 1,880 235,867 228,504 1,980 230,484 1,880 1,880 233,987 Indèpendent examinatlon f08S 2025 2024 Fees payable to the independent 8xamlner for., Independent examination of the flnancial Statements 1,880 1,980 i o. staff costs The total staff costs and employee benefits for th6 reporting period are analysed as follows: 2025 2024 Wages and salaries 131,515 119,547 The average head count of employees during the year wa8 8 (2024: 7). No employee received employea benefits of more than £80,000 during the year {2024, Nil). 11. Trustee remuneratlon and expenses No members of the management Committee raceived any remuneratlon or expenses during the year. 10
Four Estates Limited Company Limited by Guarantee Notes to the Financial Statements (¢onUnu Year ended 31 March 2025 12. DebtorJ 2025 2024 Trade debtors Prepayments and accru&d incoma 4,629 1,473 6,102 2,519 1,216 3,735 13. Credltors: amounls falllng due wlthln on6 year 2025 2024 Trade credllors Accruals and deferred income 4,848 3,303 1,802 37.516 8,151 39,318 14. Analysis of charitablo funds Unrestrlcted funds At 1 Apr 2024 At Income Expendtture 31 Mar 2D26 General funds 97,721 182,023 1188,460) 91,284 At 1 Apr 2023 Al Incorne Expenditure 31 Mar 2024 General funds e5,769 211,299 (179,347) 97,721 Restrlcted funds At 1 Apr 2024 At Income Expenditure 31 Mar 2025 Restricted Funds 145,628 62,530 {47,407) 160,751 At 1 Apr 2023 At Income Expenditure 31 Mar 2024 ReBtriGled Funds 116,694 80,071 <51,137) 145,628
Four Estates Limited Company Llmited by Guarantse Notas to the Financial Statements (conllnu) Year ended 31 March 2025 Breakdown of restricted fund8 At l April 2024 At31 Income Expendilure March 2025 PF Community Garden HB50 Communty Food Helping Hallwood Project Youth HB Pensioners Contingencies Reserved for Redundancies 460 193 82,631 160 193 101,039 52,740 (34,332) 6,481 1,157 36,000 9,485 306 (12,285) {789) 2,681 673 36,000 145 628 160 752 PF Communlty Gardpn For upkeep of Community Garden at Palace Flelds Community Centre HB50 For community activities specifically in Hallon Brook. Community Food For fcod related activities In the community ie community pantrles, winter and summér kettles and all activities involving food given to the general community. Helping Hallwood Project To pay costs relating to Hallwood Park Community activities. Youth To provide equipment and activlties for youth clubs in Palace Fields and Halton Brook. HB Pension6r8 Weekly social group for older people in Halton Brook Ccmmunity Centre, Cadent Centres for warmth project providing advlce and support to local peopl8. Contlngencles Approximately 3 months running costs. Reserved for redundancle8 Reserved for Redundancies. 12
Four Eststes Limited Company Llmlted by Guarantee Note8 to the Financial Statements fcontlnu8d) Year ended 31 March 2025 16. Analysls of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2025 Current assets Creditors le8S than 1 year Net assets 99,435 (8,151) 91,284 160,751 260,186 18,151) 252,035 160,751 Unrestricted Funds Restrlcted Total Funds Funds 2024 Current assets Creditors less than 1 year Not a8SOt$ 137.039 (39,3181 97,721 145,628 282.667 (39, 3181 243.349 145,628 16. Related partles No transactions wllh related parties were undertaken such as are required to be di8c108ed under Financi81 Reporting Standard 102. 13
Four Estates Limited Company Limited by Guarantee Management Information Year anded 31 March 2025 The followlng pages do not fomi part of the financlal ststem6ntS. 14
Four Estates Limited Company Llmited by Guarantee D8tall8d Statement of Flnanclal ACtIvieS Year ended 31 March 2025 2025 2024 Income Income from charltabla actlvltles:. Other Income 241,020 288,534 Investment InGome Bank interest receivable 3,533 2,838 Total Income 244,553 291,370 Expenditur8 Expenditure on charltable actlvltles Computer software & Internet costs Salary Costs Rates and Water Light and Heat Repalrs and Mainl8nance Insurance Transport Telephone Printing. stationery, and postage Sundry Expenses Laundry, cleanlng, and refreshments General Running Costs Grants and Projects Bank Charges 3,431 131,515 4,042 18,961 7,473 1,482 1,488 6,141 2,275 2,253 13,126 1,3D9 42,086 405 3,948 119,547 3,4D8 26,674 8,837 1,426 2,973 4,457 2,030 2,064 6,874 1,235 44,734 299 233,987 228,504 Governance costs Ac¢ountancy fees 1,880 1,980 Expendlture on charltable actlvltles 235,867 230,484 Net Income 8,686 60,886 15