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← Phoenix Enterprises (Swindon) Ltd

2025-03-31-accounts

Docusign Envelope ID: A2898715- ~~9~~ F4B- ~~4~~ FDC ~~-A~~ 9E5 ~~-~~ 69C66A5030CD

Registered number: 04358845 Charity number: 1094101

Phoenix Enterprises (Swindon) Ltd

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Examined by: Purple Lime Accountancy Ltd Unit 5 Callow Park Brinkworth Chippenham SN15 5FD

Docusign Envelope ID: A2898715- ~~9~~ F4B- ~~4~~ FDC ~~-A~~ 9E5 ~~-~~ 69C66A5030CD

Registered number: 04358845 Charity number: 1094101

Phoenix Enterprises (Swindon) Ltd

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

TRUSTEES

Ms K Ball (appointed 23/09/24) Ms L Blanchard Ms C Gallagher (appointed 9/12/24) Dr N Griffiths Mr M Hallows (appointed 19/6/24) Mrs J Newton (resigned 23/09/24) Mr N Thompson

REGISTERED OFFICE

Unit 2 Enterprise House Cheney Manor Industrial Estate Swindon SN2 2YZ

COMPANY NUMBER 04358845

CHARITY NUMBER 1094101

ACCOUNTANTS

Purple Lime Accountancy Ltd Unit 5 Callow Park Brinkworth Chippenham SN15 5FD

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Docusign Envelope ID: A2898715- ~~9~~ F4B- ~~4~~ FDC ~~-A~~ 9E5 ~~-~~ 69C66A5030CD

Registered number: 04358845 Charity number: 1094101

Phoenix Enterprises (Swindon) Ltd

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

CONTENTS

Page
Introduction by the CEO 3
Report of the Trustees
4
Independent Examiner's Statement 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Accounts 13 to 15
Detailed Statement of Financial Activities 16

3

Docusign Envelope ID: A2898715- ~~9~~ F4B- ~~4~~ FDC ~~-A~~ 9E5 ~~-~~ 69C66A5030CD

Registered number: 04358845 Charity number: 1094101

Phoenix Enterprises (Swindon) Ltd

FOR THE YEAR ENDED 31 MARCH 2025 INTRODUCTION BY THE CEO

It has been another successful and busy year, with the latter part dominated by the change in premises. With our previous building on the market, we had been looking for alternatives for months. Our extremely limited budget made finding somewhere suitable a real challenge. Unit 2 Cheney Manor Industrial Estate had been standing empty for five years and needed lots of work had to remove partition walls, replace broken ceiling tiles, fit energy efficient lights and loft insulation, make the gas and electrics safe and install a kitchen and disability toilet. Initially we had to run two dehumidifiers 24/7 to eliminate the damp. The current building is half the size so we are working out new working patterns. However, our service users tell us they like the new building and list several advantages, not the least of which is the heating. We are extremely grateful to Karen who orchestrated the entire move with precision, goodhumour and resilience! Thanks also to the people who went above and beyond, including Kenny, a number of service users and our fabulous ambassador Chris Hunt Skelley.

Our Westonbirt Arboretum trips were a particular highlight of the year. The first was in October on World Mental Health Day. Westonbirt staff and volunteers were caring, interesting and committed to ensuring we all had a good time. We all loved their focus on mindfulness, the Autumn colours, and felt uplifted by the Planting Project, proudly planting 76 trees on a bright bitterly cold January day. We are all looking forward to seeing the trees in their Spring glory on 1 May.

We are delighted that Kate Ball, Claire Gallagher and Martin Hallows joined us as trustees during the year, with Martin taking on the Chair role. We are looking forward to continuing the strategy work including a review of ties and skills.

We are optimistic about our partnership with Amazon. In January our service users visited their Symmetry Park fulfilment centre and we were deeply impressed by their kindness, willingness to work with us and their stateof-the-art inventory management system. Our people will be given tailored support as they go through the application, interview and training process, then provided with buddies to work alongside them until they are comfortable in the role and ready to fly solo!

In our service user feedback forms we ask what people would do without Phoenix and the answers are I am alone in wonderful difference Phoenix makes to the people that come here. We truly do combat isolation, provide structure and routine and improve wellbeing. Phoenix is a happy place that people are proud to be part of.

To everyone that makes Phoenix such a special place the service users, volunteers, ambassador, staff and trustees thank you! for your time, your enthusiasm, your humour and dedication.

Clare McDougall CEO, Phoenix Enterprises

4

Docusign Envelope ID: A2898715- ~~9~~ F4B- ~~4~~ FDC ~~-A~~ 9E5 ~~-~~ 69C66A5030CD

Registered number: 04358845 Charity number: 1094101

Phoenix Enterprises (Swindon) Ltd

FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES' REPORT

The Trustees, who are also directors for the purposes of company law, have the pleasure of presenting their report and the financial statements for the charitable company for the year ended 31 March 2025.

OUR WORK

Objectives and aims

Focus of our work

We work with adults experiencing short or long-term mental health issues, ranging from anxiety to depression, people with learning disabilities and people struggling to return to or get paid work. Some of our people will be with us for just a few months and others have been here for over 10 years. Most are referred to us by GPs or mental health and support agencies. 70% take medication or attend GP appointments related to their mental health condition. We provide each person with holistic support advocating for them and working on their development, progressing towards paid employment and/or independent living, building self-confidence, selfesteem, and self-worth. We achieve this by providing the following services:

We aim to get our people that are able, into sustainable paid employment. We act as a stepping-stone towards jobs in competitive employment by:

We ensure that everyone is given the opportunity to realise their full potential, which for many means finding paid employment, coming off benefits for the first time, living independently and making their way in the world. We focus on what each individual

our people receive the best possible chance of success and that mental health, learning or physical disabilities do not disadvantage them in their desire to learn, work, achieve and forge a career. Building better relationships with employment agencies, employers and the job centre allows us to educate and knock down the stigma barriers attached to employing people with disabilities.

5

Docusign Envelope ID: A2898715- ~~9~~ F4B- ~~4~~ FDC ~~-A~~ 9E5 ~~-~~ 69C66A5030CD

Registered number: 04358845 Charity number: 1094101

Phoenix Enterprises (Swindon) Ltd

The impact of the support given, skills gained, reduced social isolation, better housing, reduced stress and paid work is a long-term improvement to their physical and mental health and wellbeing.

Without Phoenix, there would be significant impact on the public purse as well as the local community. Without Phoenix, our people would:

ACHIEVEMENT AND PERFORMANCE

We developed our work with DWP Disability Employment, Swindon Borough Council Adult Social Care, NHS Community Mental Health, Shared Lives and other agencies. We continued to offer supported work experience placements for students from Horizons College and New College Swindon. This year Green Labyrinth and Crowdys Hill School did not have suitable students over 18 years of age.

Employment opportunities

Through our general employment support which we offer in-house at Phoenix, such as warehouse training, CV writing and support with job searching, we increased the employability skills of our people. We supported 9 people (10%) to move into paid employment, 19 into work placements or voluntary work roles or work experience external to Phoenix across 11 different employers. 28 people gained training or qualifications with owards finding paid and sustainable work.

6

Docusign Envelope ID: A2898715- ~~9~~ F4B- ~~4~~ FDC ~~-A~~ 9E5 ~~-~~ 69C66A5030CD

Registered number: 04358845 Charity number: 1094101

Phoenix Enterprises (Swindon) Ltd

We are continuing our partnerships with other training providers such as Seetec, IPSUM and Adult Community Learning to ensure we give each person at0 Phoenix the most varied options available for personal and professional development.

We maintained our partnerships with Travis Perkins and the Teaspoon Café, working with both organisations to make reasonable adjustments to accommodate our people with anxiety and learning difficulties.

stages but seem very promising.

We continued to engage with other organisations to provide more diverse opportunities for our Service Users. Swindon 105.5.

FINANCIAL REVIEW

Production

We are very grateful to all our commercial clients who provide us with work to assemble or package for many different types of products, including cardboard boxes, gift sets, seasonal goods, household consumables, fragile and delicate products. All proceeds from the commercial work we do is invested in our people their rehabilitation, training and ongoing care.

This year we had a wide range of commercial jobs for service users to do, including gluing cardboard boxes, collating instruction leaflets, sticking labels on coke cans, packing jams and sauces into beautiful display boxes and packaging luxury cosmetics. Many also took on tasks like pallet truck driving, shrink wrapping, supervising others, carrying out quality control checks, cleaning, talking to customers and engaging with volunteers. Through this work, service users improved their skills like timekeeping, resilience, following instructions, communication, respect, teamwork, attention to detail, problem solving and numeracy. These are all transferable skills.

We continued to work individually with each service user that wants to progress to paid on their development goals, building their skills and resilience. Our people take great pride in their work, which helps rebuild their own personal sense of purpose, self-respect and self-confidence, whilst gaining invaluable work experience. We are always mindful of the mental health and capability of our people who do the production work. We therefore work closely with our commercial clients to ensure we can deliver the quality of service within the timescales required we pride ourselves on maintaining a healthy balance between the wellbeing of our people and the needs of our commercial clients.

Over the financial year our commercial income was £83,367, a decrease of 10% over the prior year (£94,685). Towards the end of last year we lost our largest customer (generating revenue of £18,267) because the customer we worked for was not successful in retendering one of their contracts. Also, due to planning for the premises move, the actual move and sorting the warehouse post move, January and February were very quiet.

In addition, in the last quarter, work has been hard to source, particularly less-skilled work. This has meant less work for our service users to do and our production staff have had to be increasingly creative in ensuring there is work of the appropriate skill level for all service users every day.

The printing industry is still going through a difficult time post Covid, affected by declines in demand for newspapers, magazines, catalogues and advertising material, with two of our customers going out of business resulting in bad debts of £3,925. We have two large print clients remaining and we monitor their outstanding balances frequently.

We worked with 14 different clients throughout the year, with income ranging from <£500 to our largest client providing turnover of £17,781. The next highest value client brought in £16,320.

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Docusign Envelope ID: A2898715- ~~9~~ F4B- ~~4~~ FDC ~~-A~~ 9E5 ~~-~~ 69C66A5030CD

Registered number: 04358845 Charity number: 1094101

Phoenix Enterprises (Swindon) Ltd

Key Operational Costs

Extraordinary Cost

Before the Extraordinary Cost we were very pleased to have made a profit of £22,976. The one-off cost to repair Unit 2 Cheney Manor Industrial Estate to make it fit for purpose and install energy efficiency measures amounted to £34,056, resulting in a net loss of £11,080. We are delighted to have signed a 10-year lease giving the charity security and enabling us at long last to remove Premises from our risk register previously our lease provided for only a 3-month notice period and the building was up for sale.

Fundraising

Our Scafell Pike hike raised over £10,700 with the balance coming from the local lottery.

Grants and Donations

We have had to work increasingly hard to secure grants and donations and were delighted to secure £144,130 (prior year £104,025) in grants and donations from the local council, various charitable trusts, companies and individuals, which helped the charity survive another difficult year in the challenging economic climate.

We would like to express our sincere thanks for the financial support received from all the organisations that awarded Phoenix grants and donations, ensuring that we were able to continue to support our vulnerable people in diverse and responsive ways. The following organisations deserve specific mention due to the generosity of the amounts awarded:

Reserves Policy

At the end of the financial year 2021, the Trustees agreed to increase our reserves policy to 4 months operating costs (previously 3 months), to be further increased to 5 months in 2022 and 6 months in 2023, subject to satisfactory financial conditions.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Phoenix Enterprises (Swindon) Ltd is a company limited by guarantee, incorporated in January 2002, and registered as a charity (number 1094101) in October 2002. The company was established under a Memorandum of Association which established the powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.

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Docusign Envelope ID: A2898715- ~~9~~ F4B- ~~4~~ FDC ~~-A~~ 9E5 ~~-~~ 69C66A5030CD

Registered number: 04358845 Charity number: 1094101

Phoenix Enterprises (Swindon) Ltd

Trustee Appointments & Director Recruitment and Remuneration:

Each year, the trustees, led by the Chair, assess the current board’s skills and identify any gaps before recruiting to fill them. Recruitment is conducted through a formal process with a role description and a wide selection of advertising platforms. The Chair of the Trustees and the CEO shortlist and interview candidates. All potential trustees attend a board meeting as a guest prior to their appointment being confirmed in order to ensure the fit is right for all parties.

Kate Ball was appointed as a Trustee on 23 September 2024. Claire Gallagher was appointed as a Trustee on 9 December 2024. Martin Hallows was appointed as a Trustee on 19 June 2024. Jayne Newton resigned as a Trustee on 23 September 2024.

No trustees were paid or received any benefits and no trustee expenses were reimbursed.

Funding - For Phoenix to continue over the next financial year we need to focus on maintaining our production work as well as maintaining grant seeking activities. The challenge with production work is that our people suffer with mental health issues, and we need to balance the desire to maintain productivity with supporting people and reducing any associated stress. This is a delicate balance, but we will always place the wellbeing of our people above commercial activities. As with many charities we are observing a significant reduction in

FUTURE PLANS

Production we are budgeting commercial income for the coming year at £72,000 which is significantly lower than previous years. This is due to the warehouse being half the size of our previous premises. Instead of 40% of operating costs being covered by commercial income, this reduces to 30%. This means we will need to be more creative in our fundraising and we will need to increase our grant application efforts.

We are planning to maintain the number of service users we support over the coming years. We will also continue to develop our partnerships with DWP Disability Employment, Swindon Borough Council Adult Social Care, NHS Community Mental Health and local organisations like The Harbour Project (refugees and asylum seekers), The Nelson Trust (women’s refuge), and Swindon Talking Therapies.

Employment for our people we will continue to develop partnerships with local employers Amazon, Travis Perkins and GXO (previously WH Smiths), where our people do work experience and get a right to interview for vacancies.

Colleges we will continue to seek opportunities to develop our partnerships with the local colleges.

Fundraising we have a Yorkshire Three Peaks hike and a concert already planned.

we do for our people. We would also like to thank all supporters of our organisation including customers, donors, stakeholders, service providers, and support partnership organisations. In addition, we offer a huge thanks to our dedicated team of staff for their continued commitment to our charity and the individuals we continue to support.

The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006. This report was approved by the Board of Trustees on 23 April 2025.

Martin Hallows Chair of the Trustees

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Docusign Envelope ID: A2898715- ~~9~~ F4B- ~~4~~ FDC ~~-A~~ 9E5 ~~-~~ 69C66A5030CD

Registered number: 04358845 Charity number: 1094101

Phoenix Enterprises (Swindon) Ltd

INDEPENDENT EXAMINER'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2025

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PHOENIX ENTERPRISES (SWINDON) LTD

We report on the accounts of the company for the year ended 31 March 2025.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

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

BASIS OF INDEPENDENT EXAMINERS STATEMENT

Our 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 you as 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 EXAMINERS STATEMENT

In connection with our examination, no matter has come to our attention:

  1. which gives us reasonable cause to believe that in any material respect the requirements:

  2. to keep accounting records in accordance with section 386 of the Companies Act 2006; and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities

  3. have not been met; or

  4. to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached

...................................................

Date: Purple Lime Accountancy Ltd

Professional body: ACCA

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Docusign Envelope ID: A2898715- ~~9~~ F4B- ~~4~~ FDC ~~-A~~ 9E5 ~~-~~ 69C66A5030CD

Registered number: 04358845 Charity number: 1094101

Phoenix Enterprises (Swindon) Ltd

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Income
Donations and legacies
Fundraising
Income from Investments
Income from charitable activities
Total income and endowments
Expenses
Expenditure on charitable activities
Total expenses
Net income for the year
Extraordinary cost
One-off building repair cost
Total extraordinary costs
Net income / (loss) after extraordinary cost
Transfers between funds
Net income / (loss) for the year
Total funds brought forward
Net funds carried forward		 2025
2024
Unrestricted
funds
Restricted
Funds
Total
Total
£
£
£
£
15,720
148,910
164,630
127,275
10,940
-
10,940
12,718
1,291
-
1,291
1,224
85,368
-
85,368
94,685
113,319
148,910
262,229
235,902
92,155
148,176
240,330
227,741
92,155
148,176
240,330
227,741
21,164
734
21,899
8,161
34,056
-
34,056
-
34,056
-
34,056
-
(12,892)
734
(12,157)
8,161
-
-
-
-
(12,892)
734
(12,157)
8,161
98,329
47,744
146,073
137,912
85,437
48,479
133,916
146,073

This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

No employees received employee benefits excluding employer pension costs of more than £60,000.

11

Docusign Envelope ID: A2898715- ~~9~~ F4B- ~~4~~ FDC ~~-A~~ 9E5 ~~-~~ 69C66A5030CD

Registered number: 04358845 Charity number: 1094101

Phoenix Enterprises (Swindon) Ltd

PHOENIX ENTERPRISES (SWINDON) LIMITED BALANCE SHEET AT 31 MARCH 2025

Notes 2025 2024
FIXED ASSETS £ £
Tangible Assets 4 246 2,521
CURRENT ASSETS
Debtors (amounts due within one year) 5 6,566 37,840
Cash at bank and in hand 149,394 114,243
155,960 152,083
CREDITORS: Amounts due within one year 6 22,289 8,530
NET CURRENT ASSETS 133,671 143,553
TOTAL ASSETS LESS CURRENT LIABILITIES 133,916 146,074
CAPITAL AND RESERVES
Unrestricted funds 7
General Funds 85,437 78,330
Designated Funds 0 20,000
Restricted Funds 8 48,479 47,744
133,916 146,074

For the year ending 31 March 2025 the company was entitled to exemption under section 477 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 Act with respect to accounting records and the preparation of accounts.

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

Approved by the board of trustees on 23 April 2025 and signed on their behalf by

.............................

Mr Martin Hallows Trustee

12

Docusign Envelope ID: A2898715- ~~9~~ F4B- ~~4~~ FDC ~~-A~~ 9E5 ~~-~~ 69C66A5030CD

Registered number: 04358845 Charity number: 1094101

Phoenix Enterprises (Swindon) Ltd

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

1 a. Basis of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

1 b. Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

1 c. Resources Expended

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.

1 d. 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. Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.

1 e. Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment: straight line 33%

1 f. Pension Costs

The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

1 g. Grant income

Grant income is accounted for using an accrual basis.

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Docusign Envelope ID: A2898715- ~~9~~ F4B- ~~4~~ FDC ~~-A~~ 9E5 ~~-~~ 69C66A5030CD

Registered number: 04358845 Charity number: 1094101

Phoenix Enterprises (Swindon) Ltd

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

2. EMPLOYEES
Average number of employees
3. PENSION CONTRIBUTIONS
Pension contributions
4. TANGIBLE FIXED ASSETS
Cost
At 1 April 2023
Additions
At 31 March 2024
Depreciation
At 1 April 2023
For the year
At 31 March 2024
Net Book Amounts
At 31 March 2024
At 31 March 2023
5. DEBTORS
Amounts falling due within one year:
Trade debtors
VAT
Other debtors
6. CREDITORS: Amounts falling due within one year
Trade creditors
Taxation and social security
Other creditors		 2024
2024
No.
No.
6
7
2024
2024
£
£
3,549
3,340
Equipment
Total
£
£
27,381
27,381
-
-
27,381
27,381
24,860
24,860
2,275
2,275
27,135
27,135
246
246
2,521
2,521
2025
2024
£
£
6,566
36,393
-
-
-
1,448
6,566
37,841
2025
2024
£
£
19,820
3,519
1,719
4,261
750
750
22,289
8,530

14

Docusign Envelope ID: A2898715- ~~9~~ F4B- ~~4~~ FDC ~~-A~~ 9E5 ~~-~~ 69C66A5030CD

Registered number: 04358845 Charity number: 1094101

Phoenix Enterprises (Swindon) Ltd

7. UNRESTRICTED FUNDS
General Funds
Designated Funds
7. RESTRICTED FUNDS		 Brought
forward
Incoming
resources
Outgoing
resources
Transfers
Carried
forward
£
£
£
£
£
78,329
113,319
106,211
-
85,437
20,000
-
20,000
-
-
98,329
113,319
126,211
-
85,437
Brought
forward
Incoming
resources
Outgoing
resources
Transfers
Carried
forward
£
£
£
£
£
47,744
148,910
148,176
48,479

9. TAXATION

The charity's activities fall within the exemptions afforded by the provision of Income and Corporation Taxes Act 1988. Accordingly, there is no tax charge in the accounts.

10. GENERAL INFORMATION

The charity is a private company limited by guarantee, registered in England and Wales (company number 04358845) and a registered charity in England and Wales (charity number 1094101). The address of the registered office is Unit D Athena Avenue, Elgin Industrial Estate, Swindon, Wiltshire, SN2 8EJ.

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Docusign Envelope ID: A2898715- ~~9~~ F4B- ~~4~~ FDC ~~-A~~ 9E5 ~~-~~ 69C66A5030CD

Registered number: 04358845 Charity number: 1094101

Phoenix Enterprises (Swindon) Ltd

INCOMING RESOURCES for the year ended 31 March 2025

2025
£
Incoming resources from generated funds
Income from charitable activities
85,368
94,685
Income from fundraising activities
10,940
12,718
Investment income
1,291
1,224
Income from grants
148,910
113,812
Income from donations
15,720
13,463
262,229
EXPENSES
for the year ended 31 March 2025
2025
£
Expenses
Costs of charitable activities
Accountancy fees
784
Bad debts
3,925
Depreciation of equipment
2,275
Equipment rental
2,363
Fundraising costs
2,691
Heat, lights, water and waste
10,669
Insurance
4,639
Rent
26,017
Repairs and renewals
3,197
Salaries
155,345
NIC
9,337
Pension contributions
3,549
Postage
3,955
Production costs
4,425
Service User welfare
4,467
Staff welfare, training and reward
715
Stationery & office supplies
89
Sundry expenses
1,573
Telephone
316
240,330		 2024
£
235,902
2024
£
763
3,531
1,117
3,783
4,474
5,340
3,218
22,000
1,933
153,820
8,161
3,340
5,628
1,157
4,560
1,049
775
2,664
428
227,741

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