sotrTH YORKSH TRADLS HISTORICAL TRUST LIMrrED YEAR ENDED 31 DECEMBER 2025 Company Registr*ion Number. 4377417 Charity Number: 1093233 Contents Tttts. Rew)rt Independent Examiner's Ret Statement of Financial Activities Balance Sheet Notes to the Financial Statemert 8-12
SOUTH YORKSHIRE TRADES HISTOIUCAL TRUST LthllTED TRusfEES' REpoirr 11)e trustees, who are also directo preseni their retK)rt al the financial ststements for the period to 31 December 2025. The financial statements have prepared in accord hqth the accounting plicies set out on page 8 of the financial stalem¢nts and comply with the charity's Memorandum and Articles and the requirements of the Sernent of R¢£ommended Practi Aecounting and RetK)rting by Charities. Since the charity qualifies smaIl under section 383, the strategic report of medium and large companies under the Companies Act 2(K)6 (Str*¢gic Rert and Director3. Rep)rt) Regulations 2013 is not required. REFERENCE AND ADMINISTRATIVE DETAItS Dirtctor5trTllStees All served tl)mughout the year e$S sthted otherwise. K Mlhitsker Chainnan E Young Secretary A M J Ball BA FCA Tre&surer J A Brown (appoint 1718125) .S V Brow D J Coker {appointed 1718r25), J A Cooper, D E FAton. M G Lombe, J McQuaid CB DSC FR En& A J S Renwicl M A Tylee. The trustees regret lo announce that Mt5 Margaret Tylee died on 29 Ikcember 2025. Registered offi¢e 75, Banner Cross RO Sl19HQ B4Dkers HSBC, 22, The Mwr, Sheffield. Sl 45PA. Indepelldent Examiner Mr. S. Bladen of Haiyson5. Chartered A¢countanW Pegas5 House. Glossop Rorf Sheffield S102QD STRUCTURE GOVERNANCE AND MANAGEMENT Constitution The I rust is incorporated as a chaTitsble company limited by guarant. Fach member's liability is limited to £10. A Council of Management is elected at the Annual General Meeting to nm the Tn]st on behalf of the membership. In accordan with the company article5, one third must re-elected each year. New trustees with relevant skills are invited to join the Council at any time subject to confirmation at the Annual GeneraI Meetin
soirrH YORKSHlliE TIL4DES HISTOIUCAL TRUST LIMITED TRUSTEES, REPORT (continu} The Tru 15 constituted to TnaintsI cotL8erve and display for the benefit of the public the following historical prOleS in the 0[shiP of the South Yorkshire Industrial History siety. Wortley Top Forg¢ Grnde I listed and Scheduled Ancient Monument (cottages are 11) Wortlev Top Forge Cotlage Grade 11 listed Ro¢kley Engine House heduled Ancifflt Monument Rockley Furnace Scheduled Ancient Monutnent Bower Spring Cementslion Furnace Scheduled Ancient Monument Hoylandswaine Nail Forge Grade11 listed In additioffj the Trust maintai$ a collection of historic steam engTnes and other machinery held at Wortley Top Forge. The collectioT] is in the ownership of the South Yorkshire Industria] History S(tiety and certain related iTKlividuals. The Trustees have been mindfvl of their duties to maintain th¢ sites and provide a public benefit in educational amenity. teTmS. Such duties are very much to the fore in the Conservation Plan which h&% been develo along Historic England guidelines. Work continues Im education and visitor polictes, with a continlrd emphasis on safety and safeguarding both volunteers and visit¢)r5 in line with lal¢st guidelines. During the year the Trust has continued its main wotk of r&storation and MainteCe at the Wortley site. This is usually open in the summer half of the year for casual visitors and b). special arfdngement. This year we were able to owi fully on nomial visitor days and hold all three of the now traditional eveTJts in May, SepteTnber and DecemtEr. Overa]l it is estitETrated that about 3,200 visitors attended. Ivhenever N)ssible, the er wheels are by our guides and various engtnes are demonstrdted. thtng the year we continued to act as a Ven for phOgraphY shix)ling sessions and ghost hunting events which bring a small but significant nnber of visito and donations. We atso hosted a rM)lice training evenl Sheffield United fiM)tballers and a film crew making an episode of Yorkshire Greth and Small H'ith Dan and Helen. Athnission fees 2nd donations from visitors generate income io k used on general repaits and maintenance. The trustees are sad to retort that the lelevision prOgrae M'as the last appwJnce of our lead guide for many year4 Gordon Parkinso who sadly di during the year. The archive and research work making use of the facilities at Top Forge Cottage eontinu&l and we were able to create a lot more publicity atsj historical materiaE. Work has continued on improving vehicle acc¢5s and parking facilities to mitigate against problems caused in wet and icy weather. nail forge at Hoylandswaine was also oled on a couple of oc&gsions and 130 visitors were recorded. A hearth and bellows have been restored to a usable Conditio The sitrs at Rockley are open access at all times and are kept tidy for casual vssitOT& The Bower Spring monument w&$ fidly renovated durlng the year bv the South yo$hire Industrial sIety in collaLw)r&ion ivith Mem1 of a l(Thl group, the Sheffield Histori
soirrH YORKSHIRE TRADES HisfoiucAL TRUST IJMrrED TRUSTEES, REPORT (continued) Buildings TrLLSt, aided by grdnt fillKling largely by Historic England. The site has now been relumed lo the ce of the Tn for future maintenance and display. It remains behind security fencing for safely reasons It is visible from the public road and can access by requesL FINANCIAL REVIEW The results f(x the year are set out on page 6. At the year end the TnLSt had free reserves of £112.907 for use in flltth maintenance and restoratio Reserves Policv The objectives of the Tn qUi thaL unless $Ified by the dorK)r, all fi]nd$ are applied as soon as possible to maintain the assets in the care of the Tn Therefore, beyond maintsining suificient fimds for ongoing nnIng ¢osts for at least a year ahea4 alt £6,1X)O, the trnstees have no requirement to build up reserves unless a particular project is lo be fimded. Ilowever, they have resolved to continue to desigi]ate £50,000 of the unrestricted reserves as a contingency fund for repairs to scheduled buildings. Current projects fall well within the liquid funds available. lllvestment Policy The tnte¢S invest the funds of the Trust so to generate Short terni income for restoration purposes. All fvnds are placed with registered dewsit takers and are under constant review to tske advantage of the current high interest raies. Grants The Trust dS not nornall). make grants lo other organisations but can make payments to the South Yorkshire Industria] History &Kiety where there is a legal requirement for a prOjt to be developed and funded by the legal 07)er. Risk Policy The trustees act in conjunction with the Tnee$ of South Yorkshire Industrial Ilistory Sccieiy to address the risks of maintaining historic buildings and equipmenL Regular safety audits are cattied out to ensure that the sites are safe when open to the public and that the members and volunteers are adequa(elv trained and itL8urc¢l VOLUNTEERS The trustees wish to record their appreciation of the voluntary work undertaken by oificers, members and other VolUnttt, particularly at Wortley in another busy year. It is estimated that the value of swh w(MK if &3rried out at commercial tate5. would not than £211000 in the la# year. FUTURE DEVELOPMENrs The Tr51 is ¢onlinuing lo follow the Conservation Plan developed for Wort]ey and projects continue to display more &xhibtts with interpreta11( iN)ards. The number of active volunteeR3
soirrH YORKSHIRE TRADES ItoRICAL TRUST LIMrrED TRUSTEES, REPORT (contiDued) remains stable which will enable resloralion projects to be progresse(L It is proposed that, now what Was originally the works yard is fully acSIble. some archaeologicai testing can be done to deterniine what can be learnt from remains in the are& It is known for in8tance that there was one a very large test rig standing in the north side of the yard. It is ho that the restored hearth and irllows at Hoylandswaine be to pr(Klu¢e nails for demonstration PUTtK)ses. Regular limited rnaintenance will continue at the other sites for which th¢ Trust has reSpolbIllty. Statemellt of Directors, and Trstee$, RespoL8ibilities The tn]stees are re5tx)nsible for preparing the trstee$. annual Ter and the financial statements in accordance with the Financial Rew>rting Standard applicable in the UK and the Republic of Ireland {FRS102). Company law requires the trustees to prepare financial ststements for each financi31 }'ear, whith give a true and fair view of the state of affairs of the charitable company and of its incoming resources and applicalion of resour5, including the income and expenditure. of the charitable company for that peri(xl In preparing these financial statements, the Irustees are r¢quired to: select suitable accounting w>licies aT apply them consistently" observe the meth(Kls aFKI principles in the Charities SORP (FRS102)' make judgements and estimates that are reasonable and prudenL state whether applicable UK accounltng standards have been follow&1 subject to any material departlwes disclosed explained in the financial slatements. prepare the financial statements on the going ei)ncern basis unle&8 it is inappropriate to presume that the charitsble company ll11 continue in business. The trustees are Twnsible for Keeping adequate accounting Tecords that disclose with reasonable accuracy at aTt)' time the financial position of the chttritsble 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 charitsble company and hence for taking reasonable steps for the prevention atxf detection of fra and other irregularities. Indepelldent Examiner The trustees have engaged Mr. Simon Bladen of HaSon$ Chartered Accountants. to independently examine th accounts. The Trstee3 Report h&5 Iren prepared by the ditectOT5 in accorCe with the law applicable to small companies. On behalf of the Council of Management A M J Ball TTrtee 19 Febnwy 2026
INDEPENDENT EXAMINER'S REPORT TO THE TRusfELS OF soirrH YORKSHIRE TRADES HISTOIUCAL TRUST LIMITED I report to the charity trustees on my eXaInation of the aLYounts of the c(xnpany for the year ended 31 De¢ember 2025. which are set out on pages 6 to 12. Ro8ponsibiliti¢5 and basis of rert As the charity tnwees of the company {and also its direCE$ for the purposes of company law) you are responsible for the preparation of the mmts in accordance with the requirements of the Companies Act 21J)6 {'the 20[ Act,). Having satisfied myself that the accounts of the company are not required to k audTted under Part 16 of the 2006 Act and are eligtble for irKlependent examination, I rew)rt in ro%pect of my examination of your company's accounts as Carrted out der section 145 of the Charities Act 2011 ('the 2011 Art,). In catrying out my examination I have followed the Directions given by tk Charity com10n under section 145(5)(b} of the 2011 Act Basis of illdependent eiaiiii]ieT'5 reiM)rt I have completed my examinatio I confinn that no matters have come to my attention in cDnnection with the examination giving tne cae to lieve thal in any material respecL accounting records were not kept in r&spect of the company as required by section 386 of the 21M)6 Act; or the accounts do not accord with those records: or the accounts do not comply with the accounting requirements of 5tIOn 396 of the 2(M)6 Act other than any requirement that the accounts give a 'true and fair view, which is not a matter CODsidered as part of an tlldendent examination; or the accounts have not prepared in accordance lIh the meth(xls and prilpleS of the Statement of Recommended Practice for accounling and rewrting by charitT&% applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have ¢ome across no matters in conctIon with the examination to which allention should be dram in this report in order to enable a prO[r under5taThling of the accounts to k Ched. S L Blad¢n FCA Hawsons Chartered Accountants Pegasus Elouse 463a Glossop Road Sheffield SIO 2QD 19 FebrLWy 2026
sourH YORKSIIIRE TRADES HISTORICAL TRUST LIMrrED STATEMENf OF FINANCIAL ACTtvrriES (Incorporating an Income and ExpeDditsrc ACllt) for the Year ended 31 December 2025 2025 2024 Nrtt Restri Umyestrietsd Total Trfal funds Ineome from Donatiorts atsj grants Charitable activities Investments 1,105 11.650 17.867 1,415 12.755 17,867 1,415 9.971 14.097 1,441 Total 1,105 30,932 32,037 25,509 Expenditure on 407 15.661 1.164 407 16.212 1.164 321 17,879 1.093 Charitable activities Goven]ance costs 551 Total 551 17232 17,783 19293 Net IDeome 554 13,7(X) 14,254 6,216 Reconciliation of fvnds Total funds brougbt forward 2266 104,001 106,267 100,051 Total funds carried forward 2820 117,701 120,521 106267 All of the company's operations are classed as continuing. The Company had no recognised gaiDS or losses other than the net m0Vellnt in rU[ceS for the period.
soirrH YORKSHIRE TRADES HisfoiucAL TRUST LIMITED BALANCE SHEET No. 4377417 At 31 December 2025 2025 2024 note Fixed Assets 6,132 6,830 Current Assets Cash at bank Deposit account 74,595 23,724 653 63.180 20,058 483 Cash in hand National Savings Income Bonds Stock Prepaid expms¢s and accrued income 3218 11,000 3218 11,000 3.641 116.831 3.139 101.078 Current Liabilities Outstanding exEKnses Net Currcnt Assets Total Net Assets 2.442) 114,389 120521 (1,641) 99,437 106267 The Funds of the Charity RestTiCted Funds Unrestricted Funds Total Charity Funds 2,820 117.701 120521 2266 104,001 106267 12 For the financial year in questio the company w&s entitled to exemption under section 477 of the Cotnpanies Act 2006 relating to small companies. No members have required the compally to obtsin an audit of its accounts for the yeor in question in accordance with tIOn 476 of the Companies Act 2006. The directors acknowledges their responstbility for complying with the requirements of the Act with respect to aCunting recor(L8 and for the preparation of the account& These fuwkcial statements. which have been prepared in accordance with the S[la1 provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS102 Section IA Small Entities, were approved and issued by the Board on 19 Febnwy 2026 and are sign¢d by: A M J Ball - trustee and director
SOUTH YORKSHtR£ TRADES HISTORICAL TRUST LIMrrED For the year ellded 31 Deeember 2025 ACCOUNftNG POLICIES a) Genergl information gnd bagAS of prepardtion South Yorkshire Trades Historical Trust Limited is a registergj charity and a company limited by guarantee in England. The address of the registered office is given in the charity inforniation on page l of these financial statements. The nature of the cbarity's operations and principal activitie5 is given in the Tte¢s, r¢porL The charity constitutes a publi¢ benefit entity as defined by FRS102. The fiDallcial statements hav¢ been prepared in accordance with Accounting and Reporting by Charities; Statement of Recommended Practice applicable to clwities preparing their accounts in ac¢ordance with the Financial RerKyrting Standard appl]ble in the UK and Republic of Ireland {FRS10?). the Charities Act 2011. the Companies Act 2006 and UK Generajfv Aetepted Practice. The charity has applied Updat¢ Bulletin i as published on 2 Febnwy 2016 and does not include a cash flow statement on the grounds that it is applying FRS102 Section IA. The financial stat¢m¢nts are prepared on a going COTKern b&sis under the historical cost c¢)nvention. The financial statements are presented in Sling which is th¢ functional ¢unEncy of the charity. The significant accounting policies applied in the preparation of these fanCIal statements are set out bclow. These wTrlicies have been ¢onsist¢ntly applied to all years presented unless otherwise stated. b) Incoming resources Grdnts and voluntary income is accounted for in the year in which it is received unless tE¢eipt has beme ccrtain at the balance sheet date. Resources restricted to a speciftc punx)se are crIed forward until spent. Other income is a¢cru¢d as it becomes due. ¢) Resources expended All expenditur¢ is accounted for in the year in which it becomes due on an a¢cwals basis. d) Allocation of costs Costs directly related to an activity are all(xated to that activity. Suptx)rt costs. which are necessary to deliver an activity but do not themselves deliver that activity. are allocated in proportion to the knefit attributsble. Governance wsts those incurred in meeting statutory and ¢onstitutional requirements. e) Stock No value is placed on the stock of unsold publications because reaJi5ation is ¢onsidetrd to be too unreliable tn th¢ foreseeabl¢ firture.
SOUTH YORKSHtRE TRADES HISTOIUCAL TRUST LIMTTED NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 Dttember 2025 I. ACCOUNftNG POLICIES {eonlinued) fj Loose tools and equipment Loose tools and consumable equipment own¢d by the Tn for the puTroses of maintaining and opernting th¢ prOtieS and machinery is not capitalised but is WTitten off as expendttur¢ is incutred. g) Tangible fixed assets aDd deprviation Tangible fixed a&8ets are included at original cost le&s accumulated depreciatiOEL Historic heritage assets where original cosl is llot known are included at a nomitlll value. Depreciation is provided on equipment to write off the cosÈ at 25 % pa on the reducing balaTKe basis. b) Donations in kind DonatAOL8 ill kind which are intended for repairs or Main of the site or exknbits are accounl¢d for Using the tnee$, estimate of value. Donations which are intended &s ¢xIllIts are included wttbin tIK Th)miDat £1 brought forward on balance SI. No value is attnluted to the activities ofthe treeS or voluntary helrs. 2. TAXATION As a registered ¢barity the is exempt from incoDK and capital taxes on its clwitabl¢ activities. 3. INCOMING RESOURCES 2025 2024 Donations and Grants Restricted grants and donatiODS Visitor and other donations and tax recovered 1,105 11,650 12.755 9,971 9.971 Charfttable activiti Admissions and events Donaltons and fees for use of site Sales of IX)0 scrap and miscellaneo8 9,828 5,550 2.489 17,867 7,244 5,108 1,745 14.097
SOUTH YORKSHIRE TRADES HtSTORICAL TRUST LIMTfED NOTES TO THE FINANCLIL STATEMENTS For the year ended 31 December 21125 4. RESOURCES EXPENDED 2025 2024 Raising funds Direct costs of events 407 321 Charitable ActRvities 9,034 1,168 6,010 16.212 10,750 950 6,179 17.879 Charitable donation Support costs INot¢ 6) S. F£D ASSETS Equipment Cost Balance brought forward Additions Disposals 22,904 1,440 (400) At 31 Decem1 2025 23,944 Depreciation Balance brought forward Disposals Charge for the year At 31 December 2025 16,074 (330) 2.068 17.812 Net book vae At 31 December 2025 At 31 Dec¢mr 2024 6,132 6,830 The T a]so owns equipnnrt and historical machinery which is either fully depreciated or was acquired by donation and the tnths coL8ider that a nominal value of £1 is appropriatc. Heritage Assets All the remaini Iwitage assets which were ld in the name of the Tnjst havc Iren transferred by donation at a nomitd knok value of nll to tk South Yotkshire Industrial History Society. io
soirrH YORKSHIRE TRADES lllSTORICAL TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 Deeember 2025 6. SUPPORT COSTS 2025 2024 Electricity and gas Wat¢r and bSinesS rates Telephone Insuranc¢ Miscellaneous Surplus on asset disposal Depreciation 1,622 605 156 1,304 435 -180 2068 6.010 1,805 136 150 1.250 563 2275 6.179 7. GOVERNANCE COSTS 2025 2024 Reporting accountants Annual Return to Companies House 1,130 34 1,164 1,080 13 1.093 8. RELATED PARTY The trustees consider that the South Yorkshire Industrial History Society is a related party kcause the sites and machines maintained by the Trst are ]argely in the ownersbip of the Society and a numkr of the trustees of the T are akn tneeS of the Society. 9. STOCK The trwstees do not ¢ODsider tbat the stock of publications hLs any value until sold. 10. TRUSTEES, REMUNERATION Mernrs of the Council received no direct remunerntion or expenses as trustees other than reitnubursement of ditect expenses IU[Ted on haIr of the TrLLSt. li
soirrH YORKSHIRE TRADES HISTORICAL TRUST LIMrrED NOTES TO THE FINANCIAL STATEMENts For the year ended 31 December 2025 11. RESTIUCTED FUNDS opening incoming outgoing dosing New compressor Repairs at H0y]andS DefibTiJlator Tractor mounted shredd¢r Website fees 278 1.482 506 69 209 1,482 379 750 127 250 105 551 105 1,105 2.266 2.820 Restricted fimds are represented by cash at IMnk £878 ard fi%ed &8sets £1.901. 12, UNRESTRICTED FUNDS opening ineoming outgoing closing Unrestricted fimds Designated funds 64,001 40,000 104,001 20.932 10.000 30.932 17,232 67,701 50,000 117,701 17,232 The Designated Fund is a contingency fjjnd for repairs to sChUl¢d buildings. 12