CmpAny re8ithtion number.. 04358352 Charity re8istration nwllbcr.. 1098537 Adventure Hyndburn Ltd (A c(Anwiy limit1 by giiatanttt) for the Year 31 Marth 2025 Chartered Accountants 1st Floor, Blo¢k C The Wharf Manchester Road Burnlty BBII IJG
Adventsre Hvndburn Ltd Contents R¢f¢[en and Athinistraiive De.15 Tnte¢s. Rep 2to5 Statement of Respomibilities Indedent Auditorf Report 7t0 10 Sthtement of Finala1 Activities Balan¢e She 12 Sts*tnent of Cash Flow8 13 Noks to the FiDan¢ial Ststemernts 14trt22
Adventsre Hyndburn Ltd Ref¢reDu and Adminiitralive Detsfils Trujt Ms J Addis Mr N Baxier Mr S T Eaves Mrs K Pratt Mrs J N Thornton ChArlty Re8lthtlott Nwber 1098537 Compally 04358352 Re%i$tsred Offite Tbe Park Child & Famity Ceotse Norfolk Grovc Cburch A¢¢riDgto BBS 4RY Aidlt•r 1st Floor. Bkk C Burnley BBII IJG Bthktn Virgin Mi 44 FisheT8ate PRI 8BH Pa8e I
Adventure Hyndburn Ltd Trn$teu' Report The Ift¢¢¢5, who are dir¢ctor5 for the pur[K of law, present the an[jaI report together with the fin3cial statements and audiiots. T¢PQrt of th¢ ¢Iritable company for the ye4r ended 31 March 2025. Trustees Ms J Ath.$0n Mrs S AkhtsT (r¢siglled l (kiobeT 2025) Mr S FAV¢S {apillI¢d 8 Augu 2024} Mr R Hooper {r¢sigD¢d l (kiober 2025) Mr R Needba MYS K Trust¢es aFwinied after the year efftxj: Mr N Baxter {appointed 8 Otber 2025) Mrs J N Thornton (appoimed 10 Odober 2025) Objtctfv¢s ADd The Charity's objects Clhe ObjecisJ aTe for th¢ beo¢fil of the wblic in the borou8b of Hyrylburn and the communities of East Lanca5hir¢: a) io work with children and families w promofr the knirnl. emotional, inllecbJal and social development of childrcn and young people, especially Those WIMJ are dksthat)iaged to aN]re they have the ability and confidenc¢ to SUCC ai s¢hool I] beyLKMI b) lo r¢li¢v¢ unemploymtht in such ways nlly be th¥hI fi( incting providing 0s5istsn¢e w people to find ¢n)ploymenL Oven4ew ofthe finaThd yt•r AdYcntUTe Hurn has su¢ceth in thTiving despite anothu clwl]cnging year for the early yeats sxtor. The organisalion continued th advertise the buiidiDg to l(Kal groups aThJ organisatioLs. The5c include ¢ounselling sessions. an natsl ESOL clasxs. family Swdce and corn1ty groups. The Operations Manager Continucs to Dmitot a1 Teth¢ CAPeIlre * ¢a¢th si wher¢ p)5siblc. despite ongoing and signifiwl iTreaSe$ in en¢rgy. stsff. and f(xxl costs. Attamlawe al each nursery has iKreas¢d over this perioi as ¢ ts fiJn&d placeg hav¢ ensuT¢d 8¢¢es5 to early years provtsion is availabk forllM)re families- tN)th low inc and workin& Ow nutsery at the B¢eches was inspected by Orst ID O¢tober 2024 achievcd a good all areas. Also. this year. our nursery at th¢ 08ks was itLSPXt¢d by Of5t¢d in DccemFr 2024 and also a¢hieved 4 good in all 8rea5. Both inspecti$ rre expe¢i¢d and the t¢0m¢S W¢T¢ a grcat reflection of the sratys hard wo1* and commitrKnt to their children afyj famili& Fortst School sessiot)s rontinue lo be offered to I] 5¢bL15 aNI comtllity group5 the 2 l¢ad¢rs hav¢ compkt¢d Therapeutic Forest traming this yeaT and can now 01r sessiorts for adults. They were also suc¢¢ssfiJl in securiDg futhg to inv in the foTesi ore4 with new Te50urn, CaTpY arml fire circle.
Adventsre Hyndburn Ltd Trnstees, Report Te•m Tru¥t¢e Chany8 All community and nur5ay staff Tcmain br8e]y UDcbaD8ed duriD8 this finan¢ial year and as of March 2025. Adventtjre Hyndbum ffr)ployed a of 30 staff. Thi& togeilKr with the hatd WO and dedication of the FoUowin8 the year Richard Hoop¢r [Ulbed as a trwt¢¢ and th¢r¢for¢ vacated his role 4$ the Cbair of the board. Richard Ntcdhw who was tF¢ Vice Chair. has sitK¢ stepptyj iti as the t•DPOT2ry Chair. utitil a d151011 has been mad¢ by ttrLe Board on wlb) tske the role oll a iitne basis. AdVertlle Hytrjburn operte41 seTri¢e$ and ¥tiwities &mss 6 $iw.4 buildiw and 2 FoTest Schools. The Prk Cklld & C¢Dtr¢, Norfolk Grov4 Chutcty Accringw BB5 4RY . LKaShI[¢ County co11 Cbild & Family Wellbeing Sthvice and three NHS n)idwife teams also opera oui of this buildin through lease and rent arr8n8ettients. The Beeches Chlld & Fammy Centrt, Riming Avenue, Ferngore. A¢uington, BBS ONP . a ¢b8rity for ath]lts spccial ne.110t1vat8. nM)ved out of this buildin8 ID O¢tob¢r 2022. The Oakj Child #d Family Cemtre. SE PctCT'5 Chvrth RKhllK StrceL AlgI0n, BB5 OSJ. Nelson and Co]ne Coll¢8e also offer ESOL cl&ws out of this iwildin8. First Steps Cblld & Flmlty Cmtrt. PriJKess Stree( A¢crin8M. BB5 1 SP. F•mt School t th¢ Nrfglk GTvve. Chw¢l4 BB5 4RY. F•rest School 1¢ Ro¢kweU Hts. Willows L•n< F¢rngor¢, Acrn BB5 ONIL Publie be•efit The TTUSt¢¢s confirn ihat they have ref¢e4 to the gutdance ¢ontaiDed in the Cbarity Corn[rilon'5 gener81 guidance on b]I¢ tnefii WI setting the cban.tys al aThJ objecttvts and in plaming futtre acii%ryties and 5ettin8 policy foT the yw. A year in revitw 2024n025 The followin8 are twted.. Ongoing chonge5 to fith"llg for the Child¢a sector at nati1 levd have and should clyntin¢ to Positively impaci attthdance aThJ allocation at each $i MaInS * a g)d kvel. New funding for all 2 years old8 and ellb]e ¢hildren over 9 mDnth5 Intrnded iti Sqrtember 2024. which has resulted in a]mo# £2(Ik of additiothal fiuthg re¢¢ived for the 2024125 P¢TiOd. This was the thitd consutive year that th¢ Park Child aThl FaTnity Centre was ttgistered and advertised as a warm and w¢l¢oming swe, in partnerthip with Hyjkn Bomugb Cwicij for familieslpeople w]K needed Our first full year of beiDg a FaTDily Hub ha5 a success, with iThcrcased we of the centrt. strertgthetted links with external agencies and eaSe1 awaretKss ofour ¢entre wl Wb we do within our CQTwnunity. Page 3
Adventure Hyndburn Ltd Trustees. Report A weekly walk-in sppO service for Ial familie5 continues to be offered at the Park Child & Family Centre for the Swh a1 iAngua8e. HLxlth VISI[5 a[ Family (treach Tean. It is now in its third year aAd is going from $tr•W ¢0 strengi]L Despit¢ an ineaSe in rEvenue of oyer £119k this finwKial ytsr. our salw cosLs Increas by £97k ]ludIng a stsff bonus. However. utilities were teduced by £12k. StTUCturey governn¢e ma•t¢rn¢Rt The Board 1$ responsible for the Stra¢ Ikvelow of Adventh Hyndburn and Strivcs to Ient thr Ji is wotth noting that in ordcrto be the reystued wson with OfthL J(w)na Bwy has to register as a diTe¢tOT with Companies House but with M voting authority. Th¢ Arn¢ks ve been revtsed and upjated for ¢urrent P1¢¢ al to allow for the Ofsied regUknio All Directors are now ffgist¢Ted with ofstrd. have up to date DBS Certificates, EY2 fornis and are Tegistered Tth the seryice. Safegu#rdlMz Adventure Hyndbwn has 8 Safegwth'ng 8Th1 Chi]d Protectiott p)iicy aDd all team rncrnbct5. Board Trustccs. partners, volut)tt¢rs, ond anyon¢ in contact wtth childTCD are sjbject to checks Thith the Dixloswe and Barring Service {DBSI. All stsff and volwiers a150 UJe¢ Level I Saf¢gu8rth"ng training and have a Safeguarding Induc¢ion with a Nominatcd Safeguarding Officer ertsure that they art supp)rt¢d IN meeting the requireTnents of their role. Tearn m¢mlws Ikav¢ rggu]ar updates their trainiog in line with recomrnclCd requiremcnts of eiiher eyery two or three years. Prln¢lpil Ib$ks and Challeny% Advenrure Hyndburn h&s ass¢ss¢d the woior risks and ¢h8lknge5 to which it might be in Parti]aT those related to the operations and finatJ¢e of Advetllurt Hytkllmry aThl TTustees aTe satisfied thai syst¢ms ar¢ in place to miti8a the exposure to nMjoT risk. Adventure Hyttdburn has swccedcd in thriving despite an(ts rballenging yT for the early years sfftor gnd potentially nw)re rhallen8es to Con. Atmual tn¢ff&8es lo the wag< wbi¢h impacts on crnployets Nl and peDsion Contributi are foT¢casi¢d again in Apnl 2026. The incrcL4e in A¥] 2024 our stsff Costs increased by over 17 tI/D by Comparison to the rnvi0$ fLDavial year. On a local level over the next few yea[& lawaslbir¢ is moving fonvard with a deyolution deal to create a Lancashire CombiDed County Authority, W"th will trnsfer Dew powers and fimding from the c¢ntrdl government to local decision.makers. The 0pOSI1 involves County Couttcil, Bixkburn with Darw¢n Cou1]. 2nd Bla¢kpool Coun¢il. athl fo¢uses OD areas like trawrL edU¢atIo skill& ecot)oDJic Nationally. the recent boost to e4rty years fundiDg by CXPgDdin8 the numFr of eligible Children. has had Positive impact our income aod is fore¢gsted to cthtitiDE io do so. However, (kpends largely on wbo is ill govcrnment. th•T priori¢i¢s and whetheT thry IDuc kn makt monies available forthe early years serfor. Some otherrisks the tsNsttts have ithniifid incl. Inability to make signifi1 cost savin8S to rnatrh falling (evemK. Inability to attract grant fi1ft8 and ¢ommi&s1o. Failurc lo ope¢ the nur5cry provision sustaiTAbly. Rcputational and financial risk of a Ofsted jlldwt or a successfi)I personal injury ¢i¥im. Changes to the Ofstcd inspection pr£$5 from l4 2025. Pagc4
Adventure Hydburn Ltd Trnst¢es' Report Fln•n¢ll re £930,116 to £1,059,094, with w COTTesp0g yn exp., portly to the reasons outlined above. The 5urplu5 for thr ycar wa5 £19289 svbich includes depr¢riation of £61.562. Adjusting f4Jr thi5 CQ5t results in a sulplus of £80.851 {2024- £67.142). This shtsws a ¢ting iJtiprovcrncDt in tbe charity of it maNging its cost and th¢ Tising cuPancY that th¢ Durs¢ry has seu4 akn8 Th7th th¢ incrniDg in fimding re£eived from the L4nts$hI Country cou11. With this in th¢ trusttts will continue opply strate81 to k¢ep th¢ ¢h2riry operatin8 at this level, which has and SI$ reits that a 1ti. Ru¢Tff¥ Gtneral £718.9( FIX assets inc prop¢ty £1,771,781 The tnJstee$ contim ¢0 review th¢ kvel of r¢s¢rves {exchthE fixed assets) of the clJaTity. The aim is to bave - six rtnthS of the orgatiisbiion's co& based the 2025 accoullts is b¢een £250k - £550k. Ai th¢ yw elld the reserve 15 FLi8kn. but the trustees are Mindf of the challenging financial hvironmenL T1¢¢9 are ¥ware that a]tknuglL buildings could be TrgaTded as-Rcser¥e5" lor pwli(31 pww>ses, to safegtt2rd thc organisation, they would that 3 u¥)Dth5 qyernI costs would be heid in the foTm of liquid assets i.e. sb in ¢he bank. Dlsclosure of iufonDtioM to udltor Each trustee has tskets sieps thai they ought to have takeu as a trtte in order to make thetrL%dves aware of any relevant audit inforni3tioD and to estsblisb that the dwi.tys is awaTe of that inf0mtiO[L The trustees ¢tMthrm thu¢ i$ no relevrt infornli0ll thcy kW of alwj of Twhith IlKy k[W th¢ auditor is Unaware. Swll eompth prfrvtsl•J stAt¢m¢Dt Thiy r¢w1 has been prepared in ordanCe with the smttll Co[r4e$ resitt underthe Compatiies Act 2(Kl6. The attttu81 report was aForoved by the tntyteu of the charity on 5 Novernkn 2025 and SW on its bebalf by: MrRN¢¢dlwm Trustee
AdveDture Hyndburn Lid Stst¢mtnt of R¢8ponsibilitses The trustees (WIK) aTe a]so the directors of Adyenkne H)th for the puOseS of cotnpany law) are responsible for prepaTing the tsILsie¢s' report and the fuwKial ststements in a¢cordat¢ with applicable law and United Kingdom A¢¢ounting StaT¥Jarth (United King¢kn GeneTa]ly Accepted Accounting Practice). incluthng FRS 102 'The Financial RepJrti118 Standard applicable ÉD the UK aj Republic of ITeland" Company law rqui the tyustre$ to pvepare fitwKial for ea¢h fttlan¢) year. Under company law th¢ Injsitts 01 approve the finakn¢ial $tsternettts unless Ilw tre sotisfied that they give a true and fati view of the st&te of affaits of the charitable compdny and of thc incorri Tcsoufcc5 and application Dr resCeS in¢luding its income expenditure. of the chan"table tY for that peTh. In preparing these fin8nci sts¢ements: the thtts are required to: select suitable accoling policies and apply them consistetttly. obsente the meth(wJs and principles in the Clwiiics SORP: make jud8emtllts afyl eAiTnatrs are reasonable and pNthnL" ale whether applicable accowting StspdaT FRS 102 have b¢¢n followed. subjed to ¥lly material depart disclosed and eXplaid the finatKial $tatywnts; and prepare ¢he fthancial ststemeijts on thc going C0CM FAsis unlcss it is iDappropriate to presuTrK that the h8ritablc cornpany will ¢ontinu¢ in bustrs. The tNstees aTe responsible fw kttpmg pmper a¢wJthg Trcords that can disclose with reb]e arxuracy at any timc thc fitun¢ial p)5ition of the chatitsble comparry and enable io ¢nsur¢ that tbe fuwKi41 sratenKnts comply with the Cotiwtii&s Act 2006. Thry aTe also T&sEMsib for safesdIng the of the ¢haritsbl¢ company and for tskin8 rc&wnknle Ste for the wev¢ntion 8nd ddectirn of hud and other irre8ularitie Thr tru5t¢es are r¢5ponslk f the maiMenatt¢e attd iniegrity of the coTpora* and financial infomjation iwluded on thc charitable COmpanS vKbsite. Legislation gov¢TniDg thc prepatation and disseminatiott of rman¢ial ststements rnay differ from l¢gi$l8tion in other jurisdictions. Approved by the trustCC5 of tk charity on 5 November 2025 sipK41 on its behalf by. Mr RNeedham Tru¢¢ PaB¢ 6
Adventure Hyndburn Ltd Independent Audltor'$ Report to the Members of Adventure HyDdburn Ltd Oplnlo We have awditthl th¢ finawijl st8t¢m¢Dts of Adv¢ntyr¢ Hyndbwn (th¢'charity) for the year ended 31 Much 2025, whi¢h ¢Ornpr the Stament of Finan¢ial A¢tii'iri¢s, Balao¢e Shtet. Ststtmenr of &sh Flows. athd Note$ to the Financial Stsiements. including 8 of si8oifi¢attt v£coimtin8 polieie5. The funcial Teporting framework that has been applicd in their prqxratioll 15 United Kingdom Ac¢ounting Stsndards. comprising Cbarities SORP - FRS 102 Tr Financial Ryrting stslld appli¢able in the UK alld Republic of Jreland, hnd appli¢gble law (United Kingth)m Generally Accept ACCOting Prn¢ti¢e). In Our opinim the fiDaDeial 5thments: 8ive * In fair view of the sthte of the Ch11$ affaits as at 31 MAr¢h 2025 And of its in¢tsmin8 Tesour¢es and applieaiion of resources. includin8 its in¢thne expcnditrjre. for thc year then ended,. have been properly prepared ID a¢cordantt with United Ktn8dom GeJrn]ly Acceptrd Accouniittg Practice. have been Pr¢par in with th¢ rryiiTeJnents of th¢ CoThp•ni Act 21KI6. Btsls for tspllllom We conthKted ow aAll in CordnCe with Intenti1 Sndl on Audittn8 (UK) (ISA8 (UK)) pplicable law. Our re5POrt5ibiliiie5 undet those #andd9 •r¢ further de5ttibed in thc audiior responsibilities for the &udiT of the fllMJKiil statemeiits seciion of our rep)n. We •re iNkpeihknt of the charity its accordance with th¢ ¢thi¢al Twulrn¢nts that arc Ttlcvan¢ t() our audit of the fTnancial ststern¢nts in th¢ UK, including thc FRC'S Ethical Stsndard, and we have fulfilkd other ethical respnsibiliii¢s in accorthnc¢ with these requirements. We believe Ih&t th¢ audii ¢vidence have obtain¢d is $ufficieni aThJ appropriate w provide a basis for our (yinion. Confluiloni relatlng t• iolni eofieer• In audinng the financial Slets, w¢ hzve con¢lude41 the tnwt¢¢5 of the BoiD8 con¢¢m btsis of accounting in the prepornlion of the financial s¢•¢enKnis is apptopTi&le. BAs¢d ¢)ll tb¢ wwk we ¥¢ Frfomied. have noi identtfied m&terial ertaInti¢5 relating ¢0 events conditions th•t, individually or ¢ol1UYtjy. Tnay east sipicwi doubt on th¢ ¢lwity's bility cs)niinue is 80in8 concem for 8 period of ai least Nelve nnthS frorn kn the OTiginal financial 61•t¢m¢nts authorio for issuc. Our responsibilities and the responsibilities ofth¢ tySt¢M with w to lD8 con¢¢rn ar¢ desenTh¢d itt the relevgnt ¥cctions of thi5 report. Otber Inforwdoll Th¢ trustees are responiible for the othrr infoTrnation. The (rthrr infoTm8tion comwisu ihe infornl10n in¢luded in the annual r¢poTL other thJn the ruw181 statrthents and our auditor'$ Teport thereon. Our opinion on the financia] stsiem¢nts do¢$ noi Ver the other information excepl to the extent othenvige explicidy Slat in our report. we do not express any forni of wwarKe c(xKlw8ion Ihereon. In connection with ow autht of the fujancial startKn15. our reryirLibility ig to rud the other infornwiion in doing so. consider Wheth the other informalion 15 rnaterially Inco]51¢nI with the financial sl&lement$ or our knowledge obtained in the awlit ot othernryse atoe4rs to be matrrially misst4tcd. If identify such material itiCO]k%i$tencies or apparent moterial misstatements. we are required to dEterniiThe whctheT ih¢re 1$ a matrrial mi55tatement in the fillcIal staments or A m•ierial misstatement of the other Infornti0. If. based on the work w¢ hav¢ perfonn¢d. we ¢hNle thete is a tt111 misslatenlI of this other infornmlion, we art required io re[ that fact. W¢ have nothiD8 to report in this ttgar Poge 7
Advenlure Hyndburn Ltd IndepelldeDt Auditor's Report to the mem1 of Adventure Hyndburn Ltd OplThlon o• other mutter praerlbed by tbe CompaNiu Ad 21•6 In our opinio4 based on the work iti the cowse ofthE audit: the infornjation 8iven in the Tnees. R4x)n for th¢ firnCId yew for wbich the fiJwKia) 5tatcments ore prepared is const$t¢nt with the fffiwKial swemthts. Matters whleh we re requlrtd tfj repgrf by ¢s¢eptkn In the ligbt of our knowledgc and u8 of the ¢bariry aDd its envirnl obts11 in th¢ course of the audiL we tK)t identified maierial misstaieni¢nt$ in the Tte¢s. Repon. We have nothing to retx)rt in respxtt of the followiD8 matte[5 vAKTe the Companies Act 20(16 r¢quiT¢$ U5 to report to you if, in our (¢)inion." from branche5 not visited by us.. or the fmancial sthments are not in agreement with th¢ a¢¢(Kwth)g OrdS a1 renmi$; or certaill discl{reS of twst¢es r¢mwKMiort specified by law arc made: or we hav¢ noi ¢¢iVed all iDfoTmation znd explanatiow K reqllt for ow audiL Re5poniibilltles of trlsttts As explaitd nk)Te fully in thc Statement of RespthI111]es (set PABe 6). the tswtees are re5EM)nsibk foT the preparution of the finwial statements and for beitig satisfied that they gLYC 8 truc and fair vicw. and for su¢h ititemal eontrol as the trustets ddem)ine is Dcces58ry to enable the prepatation of finaD¢ial ststements are frtt from material misststement. whether duc io fraud OT crror. Ill preparin8 the finattial statemrni4 the trust¢e5 TE5POn5ibk as%55in8 the charitys ability to wntinue ¥s a going concern, disclosing. as 4yli¢able. matteTS re]ated to going conccrn and using thc going concern basis of ac¢ounTin8 unless the trust¢¢s either intend io Itquidate the charity to Ce operations. or knve Th) Te4listic altezyiative but to do so. Audl¢or responsibillties for the 1•4Ut of the sttements OUT obje¢tiv¢s are obtsin re&%onable sUranCe about Twher financial as a whole are fffe from maierial misst8temfflJL Ththether due fratyl or enor. attd to i&sue an allditsK'5 report that includes our (rfjinion. Rcasonthle assurance is a hi level of assurance. but 15 not a guarantee that an audit ¢ondu¢ted iti ac¢ordan¢¢ with ISAS (UK) will always dae¢t a Tharial mi&stst it ewts. Mis5tstements Can arise from fraud or crror and are Coosidettd material if. individually or in the a88regaie, they could rea50Dably be expected to intluence the economic de¢i5itsDs of users tsk¢D 00 the basis of these fJnAD¢ial sthtetnthtS. Irre8ularitie$, including frau& In5tantts o(tton-¢ornpliarKe wryth laws aDd regulwons. We design procedures ID line witb our respoLsibilities. outlined aVe. to dewt werial in1&tateM[S in respeth of irtegularities, incluth.ng fraud. The St1¢ prcrtedur¢5 for this en8a8emtt)t and the extcnt to which these are capabl¢ of d¢tectillg irtegularitie4 Incl118 fraud is d¢taikd below. Our 2pproach to id¢nti'fying and assessing the risks of erIal mi55wement res1 of irre8ukn'ties. iD¢luding fraud aJ)d )n-cOMplIance with laws aThl regulations. was as follows: thc ¢ng8gemeDt partner ensuTed thai the engageD te8m collectively had the appropriate competK¢, P8biliti¢s and skills to idcntify w (OTrI5e non<omplian¢¢ with appli¢8ble lams *ThJ TegulatioJ]s" we identified th¢ laws arwj regulatio applicabl¢ to the chan.ty throu8b dIsCl0S with tn5 aJMI other manag¢nKnL and from our knowledge aThl experieDC¢ of the dwity %¢tor, Page 8
Adventsre Hyndburn Ltd
Independent Audltor's Report to the Members of Adventure Hyndburn Ltd
we focusaed on specifi¢ hws and re8ulaiioM 1th we considered may hav¢ a diTe¢i material effect on the
rinancia] ststemenis or the opemions olthe ebarity. tlUdin8 th¢ Chariiies Aci 2011;
we assessed the extent of ¢ouwliaTice with the laws and re8ulalMJnS idejilfi above throu8h makin8
enquiries of mana8•n¢ni and itispectin¥ Iwl ¢Orr¢S.. and
wt identified laws and regulati which were Commun1¢0 within the #tyjit team Te8ularly •md the team
remained alert to instsDC¢S of non<omplian¢¢ thn)u8houi the udil.
We aBSeSSed ¢he susceptibility of ihc charitvs financial 5tatctDrnts to nuterial mi6ststrmL ittcluding obtsinm8
an und¢TStandirJg of how fraud might by:
making ¢nquiries of nMTMgemcnt as to whete thcy c
Adventure Hyndburn Ltd Independent Auditor's Report to th¢ Members of Adventure Hyndburn Ltd Mark Heaton FCCA FCIE tKM (Senior Swutory Audiw) For and on behalf of KM, Statst(rty Auditor 18t Flrxir. Block C Manchester Rs)ad Burnley Lanczshite BBI I IJG S Nov¢mb¢r 2025 Page 10
Adventsre Hyndburn Ltd Ststement of Flnancial A¢tlvfitl¢s for the Yer Ended 31 M#r¢h 2025 (Jncludlng Ineome and EipeDditure Aecovnt and SlatemeDt of Total Rtt0gnlS Gaitis and IAssu) Tot1 2125 Total 2024 Umrethkttd Uwjrethkttd N•t¢ Cbaritable activities l.N>7274 16,012 35.808 I.IX)7,274 16.012 35,808 879,795 6,510 43,811 879,795 6,510 43,811 Other ineome Total in¢om¢ 1.059.094 1.059,094 930.116 930,116 Eipendlthre OD: Chan'tsblr aciiviiies 1.040.718 (1.040.718 (930.454 930,454 To1 ¢xpcndinre Gainsnosses on inve8unthi
els
11,040.718) (I,(MO,718) (930,454) {930.454) 913 913 6.541 6.541 in¢ome 19.289 19.289 6,203 6,203 Net moyernent in fill 19289 19,289 6203 6203 Rtcon¢lliAtitsn •f fuTrdJ Totsl fimds brou8hi fonvard Total fvnds ¢arri¢d forwaTd 471J98 2,471,398 2,465,195 2,465 195 2.4W.687 2.490.687 2.471.398 2.471,398 All of the chan'ty'J aclivities derive fmrn ¢onlinuing operation$ during the above two periods. The fithds breakdown for 2024 is shown in 15. The noies on pa8es 14 to 22 forni an i1rte part of these fill¢1 $tst¢meh)ts. Pagell
Adventhre Hyndburn Ltd (Registration number: 04358352) Balance Sheet as at 31 Mareh 2025 2025 2024 N•t¢ Flxed aisets TaJgible assets lrtvestments 10 ,77l,781 107.41)0 1,827.622 107242 .879.181 1934.864 Current alsets Debtors 12 53.808 680,943 43.464 577,622 734,751 621.086 Cr¢diton: f•lllnE Twlthlh yer 123,245 84.552 Net currext assets 611.506 536,534 2,4g),687 2,471 J98 Funds of the cbrfty: Unrtttrlettd itse•Jn¢ Unrestricted fimds 2,49).687 2.471.398 TO rdI 15 2 490 687 2.471398 The ststements on pag¢5 11 to 22 wcre apprnved by the thee5, and authori$ for issue on 5 November 2025 8]Kl si8ned on their behalf by.. MT R Needham Tnjsiee The noles on Pas 14 to 22 fonn iniewl pgrt of thc5c fir¢181 statw¢nts. Page 12
Adventhre Hyndbmrn Lld Statement of Cash Flows for the Y¢ar Ended 31 March 2025 21125 2024 N•ts Cash tlows from opeTAthig ittlwltles Net irncome 19.289 6,203 Adjustnwnts to e•sb fr•m IINns Depreciation 61.562 {16.012) 158 60.939 (6,510) 6,541 Revaluation of inVe5mnts 64.681 54.091 Worklng up11 *dJlls¢Dwnts (In¢aSeyde£rte ID debtors tThSelldefaBe} in editorS Increase in deferred in¢rAne 12 13 (10.344) 27,917 10.776 12.398 (24.140) 12.033 93.030 54.382 C•sh fioTV• froTh invH¢ing •ctivlthi Interest r¢¢¢ivable and sitni18T in¢ome Pur¢bas¢ of tOAgibl¢ fixed wets 16,012 5.721 6,$10 10 N¢t cash flows from investing ¥tivities 10,291 6,510 N¢t in Cash and ush equival¢nts 103.321 60.892 Cash and cash equivalents at l Awil Cash and equivalents at 31 MaTch 577,622 516,73 680,943 577,622 All of th¢ (lows are d¢rived from opernions thwing the atve Iwo wiods. The notes on pa84s 14 ty 22 forni an inte1 part of these fllwKial 5tatcments. Pagc 13
Adventhre Hyndburn Ltd Notes to the FiDancial Statements for the Year Ended 31 March 2025 I Charity 8tsts$ The ¢tMrity is limited by 8uaTantee. irOnym¢¢d tn EllgId ttttd Wale& consequentty does noi hthye share Capital. Each of thc tru5ttts is liabk kn contri11¢ an amount llot exceeth.ng £10 the assets of the charity in the event of liquidation. The address ofits $ted is.. The Park Chi]d & Family Centre Norfolk GTOV¢ Church Accringtoth BB5 4RY These financial ernents wete awthoris¢d f(Y issue by the trSte¢S QD 5 Nov¢mber 2025. 2 Ac¢ounting p•lldei Surnmry of slgnlfic•nt 4¢¢oll•tlnz p•kles •d key esllm•tss The Principal acc1ting poli¢i¢s applied in the prepararioD of th¢s¢ rwa181 ststements are set below. These policies hav¢ bccn consi#¢ntly applied to all the years Frfe6¢nie¢l uts1 otheNpise stsied. The financial slatements have WEpaTril in XCOTdanre with Artill% arwj RqxJrtin8 by Charities.. Statement of Recotnmettthd Pra¢ti¢e appli¢abk to charities weparing thetr ac¢outtts in bccordance with Ihe Finan¢ial Reporting Standard applicable in the LK and Republic of Ireland (FRS 1021 (effective l January 2019)- (Chariiies SORP IFRS 102}). the FInala1 Rer]8 StsDdard applicabl¢ in th¢ UK aiKI Ryblic of Ireland ffRS 1021. Thcy a150 compty with the conu1a Act 21X)6 and Charities A¢t 2011. BI515 of pr¢par•d•Th Adventure Hburn Ijd Djeets the defmitioll of a publi¢ bettefii emity wider FRS 102. and liabi]iti¢$ 4r¢ utially reCO]sed at bistorical wst or tyaM8cuon vabje un]ess otherwise slated iti ibe relcvant xcounting policy tK)tes. Colng con¢¢nb The trustee5 conslder th81 there are no maicrial uncertainlies aboui the clwiws ability to ¢onlinue as a going conctm norony significant are8s of uncertnty thai affert the cryin8 value of asseES held by the rljarity. IDc•me Income is recogni5 included in the of Fin•rKial Acfyviiies ISOFA) when the chttrity becomc5 entitled to the income: receiy 15 probable.. and the nlue ¢an be rneas with Sufficient reliability. Page 14
Adventure Hyodbllrn L¢d Notes to the FIDalld Statelnents for the Year Ended 31 March 2025 ExpEndlt#rt Chan'table eXnditure comprises t1 costs incu by the C1ty in the deltvy of its aaivitie5 and services for its ben¢fi¢wies. It irludeS costs thw wi be ¥lk¢d dirtdly to $uch iciiviiies )d those Costs of G•verttaxce These include the Costs attributablt to the charity's ¢omplince with constitutionol and 6tstutory r¢quir¢m¢nts. including audit, ]endent ex4m1Mts mw8Crnrnt 8nd tw$tew me¢tiD86 and r¢imburs¢d expen%s. TAxtlo Th¢ charity is con$ider¢d io pau the tests 8¢t out in P8ra8T4ph I s11¢ 6 of the Finwx Aa 2010 And therefore it mttis the defirtiiion of a chan"tsble ¢ompw for UK corporntion tax pKposes. Aceordin8iy. the ¢harity 1$ poteniially exempt from ttiOn in respert of irt¢oTh or e4pitsl ggins r¢c¢iv¢d within ¢at¢gories covered by Chapter 3 Part I l of the Corwjration Att 2010 or Settion 256 of the Taxation of Char8eabl¢ Gains Arf 1992. to the exteni vxh or are opplied exclusivety to cban'table Pur5¢9. TAtt8lbl¢ flx•d Ameti Indiv2du81 fixed assets coMiTh8 £1.3 or nhxe Are Initi]Y recorded at WSL I¢u any subsequent accumulated DepTe¢ltl• Deprttiation is provided on tangible fixed as5cts SO IS to WTite off the eoxt or valuation. less any egtimaied residual value, OV their eX[tsd usefvl ecoTh)mi¢ lif¢ •$ folkl. Depreel•tSon method •Dd rA¢e 2•h per annum straighi line basi$ 2qA per amum straight line b•sis per stiyight line basis 2/ per anmrn StrAight liNe b8si• Freehold pro L¢8s¢hold property F4unitur¢ fittings Computer equipment The chan'ty operAies a defined contr11tion pension sch¢m¢ vthich is 2 peL8ion pl8n undcr which fixed )ntributions are paid into a wision fiuMI and the charity no leyl or cOnsmtive obligation to pay fiwth¢r tribuiions ¢ven if th¢ fvNI does not hold sufficient 818ets to p•y all employees the E¢nefils rel&iing to employee Service in the ¢utr¢lli and prior perio&. ContributioLs to dcfined colltribJiiOn plans aTe recognised in the St•rement of Fina121 Adiviti¢S WIMI they ère th. If ¢ontribLrtion Pa¢nts ¢xcecd the contribution duc fl 5¢rvitt, the extt5S IS rtcognised a Prepaent. The charity only ha5 financial assets and fuwKial liabiliD¢5 of a kiTrJ qualify as basic fInellI Irtsttum. Bui¢ finan¢ial iTh%tTument$ are initially recogwsed ai value and subs¢qu¢ntly measured at their settlement value with the ex¢¢ptioD of bank loaDs, which subsequthily mea ai amomised Cost W9ing ih¢ effective imerest methiKi. P•8e 15
Adventhre Hyndburn Ltd Notes to the Financial Ststements for the Year Ended 31 Mar¢b 2025 Crltleal accoulltlDg est5JDates d xrus of judgew The estimates andjlldgements are ¢ontinwlly evaluated aThJ are based on histori] experience aJ)d other factOT& iKluding expeaaiions of fvture events thAI belicved be rea%>nable UThder the circumt5. Criiiral accounti8 estitllts and I1le (kweciation of tan8ibk r]xed ¥s¢ts. ¥¢nMI6. pryyments and bad debt provisions. The ¢hatity makes esiti)w¢s and assum1)8 (J)Dcmg the The Su111g accounting esttmate5 and asgjmpiions will, by defmition, seldom cqual the rel&tEd xru81 rewlts. The estimkn aAd &ssurnptions ihat have signifi¢ani risk of eau5iDB a rnatsrial adiusllnent to the canyin8 am(xmts of assets and liabilities witbin th¢ next financia] year are th$Cu beknv. Optrnthig lese Rental$ under opcrdting kS are clHrg¢d w th¢ stai¢meDI of ruw141 aaivilies on • 5uaitht-line basis over the lease temi. 3 In¢om¢ from ¢h¥rttable cdwllles UDrutrfcted Toti 2025 Totsl 2024 Servicr5 provid Activity incorne Grant income Nursery income 41,876 26,348 805.488 133J62 41.876 26J48 805.488 133562 55,085 24,335 610,754 189,621 I,W7,274 1.1)07274 879,795 4 InvestbneTr¢ IA¢on Tothl 21)25 Tot 2024 Bank int¢r¢st r¢ttivabk 16.012 16.012 6,510 S Other Ineon UDrtstrlcted fumds Gen¢r Toll 2025 Total 2024 lioom rentsl 35,808 35.808 43,811 Page 16
Adventure Hyndburn Ltd Notes to the FlnAnclxl Staternents for the Year Ended 31 March 2025 6 ExpeDdhllre on eharitblt #etfvities TTrtsl 2025 Total 2024 SeTvice delivery SuppoTI costs Deprttiaiion 867.755 94.010 61,562 17J91 867.755 94.010 61,562 17.391 771,044 87,871 60.939 10,600 930,454 1.040.718 1.040.718 7 AM1yS o(eoYermAD¢e and Support tO8ts Tot*1 2025 TotaI 2024 Stsff costs Wages and salaries Employ¢rs Nl Staff pensions 73295 6.349 14.366 73.295 6.349 14.366 68,996 5.354 13,521 94.010 94.010 87.871 Total 2025 T•t#l 2024 Autht of filwla1 SLatrnMts Examination of th¢ financial statcmcnts Bfy)kkeepin8 ft¢s Legal fees 2,472 1.478 6,650 4.180 8211 4.180 8,211 17J91 17.391 10,600 Page 17
Adventure HyDdburn Ltd Notes to th¢ FfiAnelxl Sttenwits for ohe Year Ended 31 Marth 2025 8 Trnstees remuner•don expewes No trstee5. nor any persons )e¢ted with th¢DL hav¢ Twxived any remwKration fron) the ¢haTity dutiog the 9 Stsff The aggregate payroll costs wcre as follows.. 2025 2024 Wages and salari¢s sla] 5urIty Costs Pension Co$ 570,865 34,808 43280 10,410 483,280 25.571 49,186 659.369 558.037 The tnonthly avetage nurnber of p¢r8ons (including S¢DiOT neMe0t I lethp ieAm) employed by the charity thm'ng thc ytar exwcsscd as thll titne equivalcnts as folknvs.. 2025 No 2024 No Charitsble service5 M8nagement and *lo)inimiion 28 28 30 30 No employee re¢¢ived ¢nwlunJEnts of than £.INXI dwin8 the year. The totsl employee benefits of the key m¥Mg¢mcnt person1 of the cbarity were £48,79412024- £45,930). Page 18
Adventure Hyndburn Ltd Notes lo the FiDan¢i#l stateDnts for the Year Ended 31 Mreh 2025 l• Tllble fixed #ets Flx¢uru. flttkn81 and equlpmeDI Freebold prwrty property Total Colt At l April 2024 Addiiions .482.351 1.481.896 775.558 5,721 3,739.805 At 31 March 2025 1.482.351 1.481.896 781.279 3,745,526 DepreelathiTr At l April 2024 Char8e for ihe ye At 31 MArch 2Q25 708.316 29.628 431.510 29,640 772.357 2,294 1,912.183 737.944 461.150 774651 1,973,745 Ne¢ book vallle At 31 March 2025 744,407 1.020.746 6.628 1771,781 Al 31 Mhrch 2024 774.035 1.050,386 3,201 1,827 622 11 Flxed •¢¢ 2025 2024 Oth¢r invethnts 107242 Other Inv•tllts Llit¢d vestnxnts Total or Vlull•D Ai l April 2024 R¢valuatiort 107,242 158 107,242 158 At 31 March 2025 107,4(N) 107,4 Ne¢ book valut At 3 1 March 2025 107,4(M) Ai 31 March 2024 107.242 107.242 Page 19
AdveDture HyndburD Ltd Noles to th¢ Financial StstemeAts for the Year Ended 31 Marth 2025 12 Debtors 2•25 2024 Trade debtors Prepayments Other debtOTS 26.938 19,190 25.762 17,702 53,808 43,464 13 Credlt•rs 2025 2024 Trade ¢rrditors Other taxatiott and S11 security Other crcditors A¢cryals Deferred iti¢ome 10.429 6.851 3.388 32.673 69,904 6.278 9223 9,923 59.128 123245 84J52 14 HAbllldes Th¢ cban.ry has previoUy rtteiv¢d gram fitsmlitig wbicb has been used to build and make improvcmcDts to its properties and has contribJt¢d towdrds of fulfillin8 the charirable rtjjeciives of the OTgaoisaii¢x). The tem)s of these grants specify that wme or all of the grants ¢ould berne )#Yble within v•rious periods. between 10 and 25 yeaT5 of the payinent of the final of the gr8nL if the or81tiiSatiott fail$ to uti]ise the grani for the pu[Se for which it W&8 give If the OrganilOn Tee01$¢$ th#t il tnay haye to rqwy some, or all of, the grani it wll C11¢ a liability An the accounts prior to making the repayment. Bey¢ su¢h ¢ircunLsthn¢es. tsustres do not consideT. IM)wever. tlw( as a result of the passage of and the norn which grants bave bcen rne. there 15 Jikety to be any crystallisaiion of a materjal liability. Page 20
Adventure Hyndburn Ltd Notes to the Flthncll Statenllts lor the Year EDded 31 Marth 2025 IS FuDth Bl4Dce At 31 MAr¢h 292$ Aprll 2•24 Tuo•r¢M elded TraTrif¢ri Unmtrkfed Genernl Fixed 643.776 1.827.622 1.059.(194 (9782431 61,562 {5.7211 5.721 718.906 1771781 2,471 J98 1,059,094 1.039.805 2,490.687 B•ltt¢¢ It I Aprll 2•23 elded M•r¢h 2024 Umrestrltted Ci¢n¢ral Fixed as¥ets 576,634 1.888.561 930.116 (862.974) 643.776 1.827.622 2,465,195 930.116 {923.913 2.471398 16 Analyth ofmet a•ts b¢th¢¢ Urtitrbtled Tot1 2025 GeDer41 Tangible fixed assets Fixcd asset iDYcJlmu CuTr¢n¢ Js8¢ts Curren¢ IiAbililieg .771.781 107,400 734,751 123.245 1.771,781 107,4LX) 734.751 123245 T¥] net assets 2.490 687 2.490,687 Totsl 2024 T•n8ible fixed Fixed a$8¢t itiv¢stm¢nts Cwr¢nt 8¢t* CuTTent liabilities ,827,622 107.242 621,086 84,552 1,827,622 107242 621.086 84.552 Toi&l net assers 2,471,398 2,471,398 Page 21
Adventure Hyndburn Ltd Notes to the Finan¢iAI Stalements for the Year Ended 31 MArch 2025 17 R*t porty tranM¢tiott$ There were no related pw trattions in th¢ y¢#T. 18 PeD•lon ¢fjmmltrnents Denned eontrlbutlon ptnilon seheme The chrity operates a defined benefii pension schem¢. Th¢ sch¢m¢ is w multipl¢ crnplor Kh¢m¢ and the ¢harity is urtible to identify its shore of (he underlying aslets and liabiliiies. Certain ¢mploy¢¢s ur¢ m¢mb¢rs of th¢ L4neL%hire Gjunty Couttcil defined benefit pension scheme. The s¢h¢me is valued on a iriennial ba8is by th¢ o¢nl8ry, M¢TC¢T. At th¢1o$t Sh v4lu•iion in 2022. th¢ s¢heme had a fibnding level of IOO/o12016.' 90/01. The charity's uttd¢rlyin8 share of &8Aets 2j liabilities cannot be separately ideniified and it is noi prtiCal to quantify the extent of any underlying element of the ¢h4riry'¥ liability It iny giv¢n dat¢. Th¢rcfor¢, contributions are ¢harsed to the statement ol. financial activiiies in the yegr in which th¢y ar¢ paid. The contribution$ paid durin¥ the yur amountcd to £65,99412024- £62.¥22). Pag¢ 22