CoJnpany regi51ntinn nurnIr.. 05021440 Coningley Community Lenue IA conipany limited by guurallleel Anniial Rcporl and FinanL11 Slalvnxnls fnr thc Yeai" f(d 31 Dece7nbEr 2025
Ci)ntcntJ I ReFKIrt Ind¥petid¢nl Ekaniiii¢i 5 Ilepoil iaiLnKit ol frinJiicial A¢iivilies Balwice gh¢rl Noies io Fitwjcilli SiattieJJis 710 17
CottiR%k)' Comm¥Biti' Certtre TrustLes' Report 'I'IL' I1'ustee& iyho ore director% for Ilic piirpose8 of compfiijy Ioiv. PTe%Lnl the annual JYpoM tOEeilK' Ivilli Ik. finaiici&l 5tstemen15 01.ihe ch3Ti13ble wrnpany IOT Ilie year ended 31 Decembei 2025. Ti'ustcex offjrcrs I'he trU¢¢S and officers %trving during lh¢ year and since thr year tnd ivcr¢ follow5. Triisi¢es'. Antiwllv I [¢slivad Jame% Willidms Ir¢si8Ned 20 Tr¢1)ruaiy 20261 Elitwi PaLkn,r Sve PeErs R¢i,d Lind5a), Pe#i'son Iiysigned 12 Ma), 20261 Judiih Martin (appoin(5 23 s¥pIliber 20251 Revd Kale Planl lappoinled 14 July 20261 Structure7 governanc¢ Maagement The Collingle), C".omini)iiity Cenliy 15 d Lumpdny liniiird b), giiaianiec. It was inciiipoizlcd vii 2J Janudry 2004 and il bLcaille a rc&Tislcird Gliai'ily on 26 Apiil 2004. lis govcmuig docuinciil is its JJlLmoTandiim at)d aniclcs of as50cialion. Tlic iwme was cliaiiRtd fr<>in Thr ColtiiiKl¢y CotRcision¢ C¢ntr¢ 511 luls. 2018 iii oidci to emplus1 tli¢ puitM)s¢ ut thc IAnirc. OrganisfilioiifflslNicftire 'riie diiLCtors. ¥vtto llre olso the tn]steLS of tliL chority. m(it ott A regular b&818 tt) Jlvieiv pmEre&8. Their nEmie% srL' SL't out on page l.'I'h¢ ViCT ot St N4i£hael & All Angels is an ex uiliLiU direLior. TIIL Bisliop ol. Byddloi'd and ChuiLhiYiiTdiii4 acling joiiitly, of Si MiLIvdel & all Angels e8ch nominale une Izuslee oiid tlie Cottiiigle!, Poiocliiol Chuirh C'i)uiicil noiiiiiiote liv() fiinhei. ti'U8tee8. 5 1i-Li%l££% 6tE sppointed rtpte%entfii# I comniiiiiity. All ITh¢¢5 are tully involved in ihe decisions ot. the chariry. I'he triisiees thJll lUeSS oihen¥ise dctLiThin¥d by ordinary r¢%oliilionl niimber ieli. A lle¥v Irkislec may be Appoinled b), ordiiiar). resoliilion provided the aptx)intTnent does noi Lause Ihg number oftrusi¢es tu exceed ieD. AII tru51ee5 ie¢¢iv¢ appropriate induction 3Dd tT3iDiDg in re%ptct Dl'IIKir role. Th¢ IriJsleLs, in addilioii to llie origintLI sub%cribiiig iiiembers, kre tl*e Jjietijbers ot the LI)rt)p)Y. I'hc'l-i115t¢cs ivork in 1b cottunittcc8 tor H]L Filnce & KISL Propeny and Lalcring. Thc Cenirc ciiiploys a Cent maLagcr. an udmittistraiive stan1. hOkeeping Staff cairtaker Its ls1 with the day lo day opening and closing as ILe¢ded. Page I
TYustLhes' Report Related PHrtie5 Th¥ C[ritY ha8 conlinu¢d 10 ivork iti paNilehIp ¥vith Brfjdfoi Mclropolitan Disiri¢i Coun¢il, eotllD8le)' 1)CC ]d Ilie Lerds" DioLtian Buard of financc. Mfijorrisk.$ ffi1(Im•j¢TgeN[eNl ofilios¢ riss 'I"he priiicipiL I risk ol'the charity is Ihai ot noi se£uring lettls for the ollices vacalcd by City ot'Brlldtord MDC ill Ju 2025, 3 ye#is belr)i¢ t1 I¢se %v45 eXcl¢d lu ¢nd. SigniliLai)l ad(lilioiial c051s of i11511TanLL' and J41isille5s Ralcs Lll now '1jig is)ciirrcd. The trusiccs arL' conslatiily Inonitoring Ik OllEoillE Positson. Tlie trLlStees havc idcnlificd oihcr risks and regularly revie¥v Ihe miligkalioji olsuLII. Ohjciivos actiYiic3 ObjvLlJ Iiims ThL purposc of the ch&rily is to provide facilities and service8 for the people of Cottingl¢y and the n¢iJibtsi1ilN)d Ihcrcat arid lo 0[te a corniiiunity ccnlte for that pwposc. All bFanches ol-thc locttl tottitttunitj, are encourk]ged lo (he CLnire. hibllL'b¢iieffli Tlie tyusiees confimi that Ihey have tpIled il'iih the requiremellts of seclion 17 ot'the Charili¢b Act 2011 Iv hav¢ due r¢gai'd to the wiblic ben¢t)I guidance published by ilie Char¢ty (:oli11lo ti>r F.nglaBd and Walcs. Aohitvements Ind pérforma*¢¢ Thruughuul thE yedT th¥ aclivities of Ihe CentsE hdve Lll)ttlitJued. The edri1)g is suppoited by stsff alld 51ud¢ii15 of BcLclicliffi school. 7.he trL%tee.% hllvc hEen Te4rye1nS Ihc usc Dt ihc ecntrc by TcSidCn C.'nttinglcy. A Ctsmmunil), Dc¥¢lnpmcnt I)rkr i%'as eniplgyed in April and researclied the needs Ot- Ihe Coii)munity. f4eiv events look pknce, the majorit}. of ,]ll(li ariiaetcd addilional fuJ)ding. 'I'he Ilath, S¢qiien¢¢ daiicing and the 5dJool holiday sports rlub5 vcry popuIyT. The trile¢S continue to be grateful to the wid inany Volujilee havc j8tcd witli Ihc day to day 0rat1(n of Ili¢ Leiiire. Pa8c 2
Trustee%' Repi)rt Finan¢i&l reyiew 'llie iinaiidiied IinunLial staieincnts sliow Ihe linanctal IransaLiiOnS for the Ye-. -Ile unreslTicILd surplus lor the JYW. aillsLS diiL lo th¥ gcnLrous support of ilie %wial Invesliiicni Busincss I%IEII in InakinE Ihc loans inicir%l fxc toi. an iiiually rLviewed periud. Lurreiiily runiiiiig Ihrougli 2026. Iiilcrest ivould liave been char&ied undeT IIK lernis (>f Ilie nll£iT)al ugtccmcnt in ordcr otr £(I1 (}211121)211 £64.X121. (:it)? of Flrlldford MDC. VllCAled Ihc nfttccs iyiihout cDtry'lllF fjut the necessarv dilapidalioj Ivork ld rnade o ierininiotl paynieiji of £81,UVO' this desiEJ)aied by Ihe ilxJeeS for tlicc dilapidaiions. cnd ot. Ilic finajicial ye¥r work 51art¢d rcl'iirbsshtncnl biil Ihl surplii& caiyied lurw'aid, Wds £73,268. Due 10 incuTTIli ovediead expense% on lh¢ empty proTty an opei?ting deficit of 17,8118 resullLd OVLrall UJiYc%l1'id¢d Re%eJveE have len IY51dl¢d IV show s¢panil¢ly Ihose ivhiLh dly iYpreseniLd by opejuiional and investni¢nl oss¢1S, 'Iliis g4vc4 a ¢leai' pirscnlalion oflrcc rcscivcs aVlIahIC foi'gcllci'al puii)ose8. 'I'he tuTe look5 challengiiig. parti11arIY it no usc is fOd to gcncrdtc Incon trom thc ofticcs. The Social Investment Busillesg ISIBI aTe looking IQ TestTuclur¢ IIK lowjs whiLh ivill givc a long Icrm benefit, bul 11,lJich w511 liavc a s]Mhrt tenii negativt impact ii'hich add8 10 that clI1¢S¢.. The Iri]siees' 2im is 10 hold a Tc$ee of rash and IKI 455cts cquivalcnt lo 6 Tnollths overhtod5. 'Ihis will not k achicvcd ujilil ijicome is genated sUilleI io t))ea Ihe origittal cotnmiimenis in servtLItl8 Ihe borroii'iiiE. Indemnity 1115Ut8nce lli¢ charity paid in511nJice pr¢iiiiitms lo indefflnily Iru51e¢s froill any loss arising Irom neglect or defaiilt5 of Irus1¢¢5 or slaIfand ati). co1jseqillt loss. ftsr fLlture periods AIHI.f olpJ¢crtv¢sl¢)rftsiMreperffvl$ Onc or morc tenants arc sought tor the otfice space. Neil. 4rlivilieS will be introduced lollowing conliiiued r¢sedi'cli 4unongsl tlie local Commuiiiiy Use truin lurihei. afjeld. The rLstructurin8 fJiiiE ncial atraThgcrnents with %lll will rc.wlt in the rcduclioj) of aDniial.suiplu.4 incotnc ft>r loati repaj'tnellts i¥hich it is hoped ivill upett doors for futlding sirellns to bc bcrtcfitt¢d fro 'Ilii£ rciiort lia% been r>Yepated itl #¢LordanLc M'illi t1 5p¢iial provis¢uns rcl¥(ing lo compdjiiey subjeci lo Ilie %mall ¢tsinpanies T¢gitll¢ %viihKn Part 15 ofdic Cotllpanics Act 2006. l-lie annual irport il'as approved by iht th15ttts ofik iharily on 15 July 2026 and stgncd on ils brliaifby.. Bi'iaii I'aTker C.l)airmatt and irus*e l)age 3
Cattt#gk) CathmyBIty' CE¥stre IndL'pendent F.xMminLI-'x Repui-t t() the tT115tees of Ctstlin#ley Community Centi'e ('the CrAnPAy. j l Teport 10 tlie cliaiily Iruslccs ot] my ex1tion of Ilic accounts of the iharily for t1 year eJ)ded 31 DcLxmb¢r 2025 i¥liiLh arL SLI out oli paBLS S lu 17. Rt5ponsÈbilitits artd basis of report As thL ¢lini'ity'8 irnsiecs of tlie Coinpony (glld also its directors for lh¢ pl14eS of ¢oinpany laivl you are IESPOtlsiblc toi. thc prepardiion ol'ihe ClinIS in accordance willi the requii'emEnts ol'thc Ci>rnpanic5 Jici 20061'ihe 2111K) Act'l. FtaviJ)g 5alisfi¢d Inyself that (he coiiiiis uf the Cornpaii}' are iioi reqiiired to l?e aiidilcd iiJid¢r Pail 16 ofilr 2006 Acl lid ai'c cligiblc toi. indcpeiidcnt cXmInalln. l Tetx)rt ill TCSPCft of my cxamirtation ot yOL)r charity'% iTrCCf>Ullt* a% catsitd iiut iind¢r s¢ilion 145 r>f I1 CILviiies Aci 2011 I'the 201 l Acl'l. In Larrying oul my ¢AiSlllSDali()ii I liave fulloiyed Ilie DireLtion8 giveii bv Ilie CharLty Colmnil0 under %¢ctioll 14515llbl (It'ih¢ 2011 ACL Jndependenl examinei"8 stgfEmont Since the Cotliply'Y gross it)L11)C exceeded £250.000 y4)ur exaiiiiii¢r inu51 be k Jiietjiber ora body lisled in seclioti 145 ot'llie 2011 Act. I confirm Ihat l um quglili¢d lo undertoK-e the cxfjminlllTOii taUS¢ T Qni a mcnikr of 7CAEW. which is oiie of Ihe listed bodie& I hi1Ye ctsiiii)leied mv exomi11gtJDn. I coiitiim tli41 no Iiwtter% hav¢ conie lo my att¢Jilioii in ivnn¢¢iion wilh 111 exdininmtiun Lyiviiig n)e cause tu bEJieve'. l. accoiinling records [C not kept In IE5IKCt of Cottingley Commukity Centre as requircd by section 386 of the 2006 ACL or 2. thL' do iiot 0rd wiui Ihvse reLords: or 3. Iht a¢LounlS do noi cojiiply iviili the aCLOUttlit)g requirements of section 396 of the 2006 Aei oiher ihaji arty ex]aliV1E. UT 4. the accounts have iiot k¢n prepgTed in a¢cor(lane¢ witli the ineiliods and principlc5 of Ihe Stat¢in¢nl or Recointtitiided I'raclice for accounting aiid TCPOtliiig by charillcs ltsppli£8blc to cknrilics pirpa¥iiig thciT accovn15 in accoTdun¢¢ ¥vith the Financiol RerK)rtit)g Standayd appliLable in It UK kepubliL ol'lt¢lund lTr'KS 10211. I have Jjo cotteei'J55 have coni¢ actu%s iiiall3 111 LuiJiJeLIIDn with cxaniiiMITOli 10 which #Iltjilij %kniJld bc drawn in tliif ripoit in ordcr lo unable a PTop¢r iind¢T%ifjndinE of Iht acc()unlg lo be rcaclicd. ik C wilLk fcA liideI)delI1 ImIller WaL%OlI BuLkl¢ Liiiiil¢d iITadfoTd 15 July 2026 Pa¥e
Ctstlingley Ci)MMvoity Cent ,8tatenJ¥nt ()[ financial Activities fvr tbe Year Ended 31 Deeember 2025 Ilni'f5ti'tLled funds Restricted funds Tot#1 2025 Total 21124 D2sign2tod Note fr(L'¢rtne aknii from 61,928 10,67 2,234 124.1)68 82.8Y6 28,700 101.2Y8 2234 93,846 2.059 IS4.535 102.621 1,250 Inve8lmeni8 124.0(?8 82.896 81.0110 l)IhLr iii¢omc 81,000 TotAI itscom0 tndowments 142.928 219.868 28.700 391,496 154,311 Lxpettditure Cliarithljle activitie5 1722921 1243.7281 110.Q961 1326.1161 (299.3521 Nei incoiiiellcxpL'ndiliire} Trai]EfcT heliveen funds 70.636 1.198.926 123.860} 1728.¥541 18.604 1470.0721 65 J80 54.959 rqct illovcmcnt Lil Iiillds 1.269,562 (752,7141 1451,4681 65,380 54.959 Total fund% bn)iiEht fr)riYord 758,366 475,622 1.233.988 1.179,021) Total tur¥Js caiTicd t()rward 1,269.562 5.652 24.154 1,299.368 1.233.988 Tlie fiinds bJruk(bivn foi'2025 is iii iioie 18. Tlic nores on pog¢s 7 10 17 troi1 iDleyal parl of Ilrse finpnciul siiiaiieiTrts. l>age 5
CfjtEiEgky' CrFffiERUKTEfj' CeHtTe (RcRi8tratii)n niimher: osn21440} Balance Sheet as At 31 December 2D25 2024 2024 Note Fixed g$$rf$ Tangiblc assct5 12 2.197,211 2.IY9,843 Siucks 1,126 55.73(> 112,130 1.064 84.783 93.305 D¢l)loi Cash ai bank and in hand 14 169.192 17Y.152 C'redifi>r%: Amuui11s f#lliiig within i>ne ye*r 15 Net turrtnt assets 31).654 35.062 Tutal le55 Lurrcnt I1bIlitIeY 2.236.865 2234,905 LrL'ditor5.' Amoullls falliu¥ duc after lliDre yeRT 16 1937.4971 11.000,9171 Nel a55¢15 1,299.368 1.233,988 Resli'icieij fLillds 24.154 475.622 IIDr¢slrictod EncOe fuDdy UnTe5trict¢d fupd5 1,275,214 758,366 Totfil funds i¥ 1.299,368 1,233.988 Foi Ihc linancial year cndinE 31 DeLcmb¢T 2025 thc charity was cniilled 10 exthnption from audtt undtt section 477 of the Cojnpanies ALt 2006 rLialU lo 1[ cojnpanies. ViT¢CllfS'lfSPQn5ibiini¢s'. -llic tcTT$ have nol TCqUiTcd Ihc chaTity lo ohtain an audit nf accoun1% foT IhE yeaT ill qUC%tion in UCeOFdLltiee wid) seciioii 476; The diteLtur5 aLkniowledLie ilieii" Tespojisibilities fur LUtnplyin¥ ivith Ilx requiretneiits of lh2 Acl with Tespect aetounllttE ILctsrds atid tlie pParatIon of accr>unts. The blal¢tllenlS on pgg¢s 5 Iv 17 iyesr approved by th¢ IL'USl¢t5, an(t wihthristd for ISS vn IS July 2026 art(J 55gncd oll IhciT bchl1-hy'. Aniliony FILs%elivood Trusie¢ The notes on p8g¢5 7 10 17 fol7 inlegtul PgTI oftliese financial stalemEnl& Pag¢ 6
Ci)ititt¥ley Cummttnity Cenlre Tr4otes lo the FinncAxl 5txtLMetS for the Year Ended 31 DeLember 2025 I'lic Charity is limil¢d l)y guaraiilec, incorpoi?tcd iii Lnglaiid and Wales, and cujisequcnlly docs iiol IV.l1C capital. Eacli ufthi bSEe5 is liablg to LUlltTibuig an nul71 iiot exceeding £10 lowards Ilie &¥ets' LI11[Y th¥ eveiii ofr. liuuidatioii_ TIIc5c fIn1cl(lI sialemeThts iveie aiilhoi'ised for issue by the In)slee5 OE) IS July 2026. Tli¢ address o1'21s registered orrice is.. Cut1¥[eY BrAdford 8D16 IAL Sumtnsry of significant pccouDtinK policies k¢y accounti¥ estimates Tlie priii¢ipal 4¢¢ountinL poliLi¢s #pplie(l ui the pirpaT4tioii of Ihcsc fjnancial slal¢lli¢nls ar¢ s¢1 out belviv. Tse tMJIiLiL% havc bccTh con3i.%lcnily applicd in all thc yeii P[Cl7tCd. iinlcss oiheiTr¥isE tated. St&t¢Tnonl of compliqnce The linaTrcial 5lal¢in¢nts hav¢ bEen pr¢pad in accordanc¢ iyilh ALcoiinling ld Rewrting by Churili¢s'. StalemeLIt of RcLOrnEncnded Ih-aclice applicahlc lo charitle% PTcpariD8 IhEir accounts in accordancc with the I'in3nctal RepDEhng st]dar 102 Tlie Fi[2)el&1 Repontt)L Staldard applicable iti the UK and Ilepublic rif Ela]MI letreLiive l 3)UarY 2Q151 the {mpOnieS Acl 2006. 'I'lit cntlty Tnccts thc dcfinilion of a public tKnctit cnlity undci FRS 102. Basis of prepTrrAtion l-liv IiJiaiiLial slalen)tJJis have been prepRred ujider the hisiorical eost conveniiojj iti acLordance with applicable Unil¢d Ki71gdom A¢coiinling Slaiidards. A summary ot'ihe wiiicip81 ac£ouiiting ?1¢1cs. Ivhich have been applied consisl¢ntly, xLept iYhe]E noted. 15 Sel oiil bEIow. GoÉn2 tortter Ilie Iru%iees tt¥n8idei' th&1 lIre are ttt) mnterisl uiicert&itttic8 Akniit th¢ clioi'ity'8 ability to c(>iitilJllC 2oin£ coijcern r any signiliLani areas ofiinLYfiJinly thal alleci Ihe Lanying valuc Of.sselS kld by ihc charity. Tlje fjiiaiicial siaieiheiiis IJ>Jve beet) prepdred on ihe Loiiig Loiicern basig and the irusiees [lieve ikni Iljis is appiY)priaie. FI tTuslees rcgulorly iiiotiiloi. liquidity oiid Ixlievc tliat actlvilics cali bc siistsincd tor Ihc to¥csccablc tutuyc iii light ot. the continuing suppoit vf I'unde Tlie tuiid¢tB r¢Lognist th41. 5inc¢ ihe s]iajoiily ot. Us¢r5 rely on dired VT indiTe¢i CJovcmm¢nt funding and given tkn cuiienl uncertoiiily 4iboiit Icvc15 Ot. Ikilijrc luiidin& events tnay OCGUT which 4r¢ outside Ilieir conlix>l a[ ivhich havL an adverse effect oil viability uflliv Lyrttre. Exemption frlim prepAring a ¢a5h tIow Statement The Lliaritv lias taken advartiage ofilie exempiion and ha$ Iioi included A cash floiv Slatrineni in these financial sl&ienients.
NfTrSe5 to the Financial Statements for the Year Ended 31 DerembLJr 2025 Fund structure Uiii¢siriLied IJJ¢ume lun(Js are ¥eneral fun(Is iliai are availabl¢ loi. ihe liuslees, disLr¢tion in fuNli¢rance of I objLclivts ofiiie ch'tY. Resiricicd ittconiL luijds air Ilios¢ donaled for iise in a paTliciilaT area or for specific piirpoFL4 tlie of ivhich 15 restricted io ihat arell or purp(>5¢. Income Rnit trkdDWtntnt% All incgme i tccogni%ed Dncc ihc chority ha5 CtJlitl¢iiicnl lo ihc incoiiic. il j8 PFobiL ble that thc incom¢ i¥ill bc Tcccivcd and tlie aJJ)ounL OF1 incoiiie receivable cart be measlid reliLibly. Voluiiiary iiiconie is received by way of donatiotts I1d gifts wid is inclulled in full in Ik siaiunent of finwici31 activilies vhcn Kcceivablc. Don&led %crvic¢s and facilitte% are included at Ihc value lo the charity ivhere Illi5 can be quantifjed. TJi¢ ¥alLK of s¢rvsc¢5 provi(kd b>, voliinleers ha5 lY)t been included. Gifts donated foi sa)e included ds inwmiDg re5UUTLes iyiiliin aclivilies for ge1[alIng tunds wlien i1Y sold. i¥¥inilJk Grants ivhEtL' enlitlcmenl is not conditional on the delivery of a $tifiC performon¢L' b). the ehai'ily arc recognId IvIn ihe charity becolnes unconditionally ejitiiled to the grani. Cirants are recogni5¢d th¢ charity hJs an enlitlem¢nt to tli¢ tidS and any conditlons linked io the grants have been mcl. WIKrc pciforrnartLC LoiidiliDJis aTC altacli¢d to t1 KTanl ld aFC yrl li) bc A1. Ik iticomt is recognised as a liability includcd on ihc balancc sheci as detld inconic io bc Tils¢d. JrtvesihNI Income from Inve¢ts is includcd iti tht )ear irt which li is re£civablc. ExpedItre All crypcndilutc is rcco8ni5cd tsncc Ihcrc i5 B Ic8al QT COnStniivc obligalinn lo thai cxpcndiluTe, it is probable s¥til¥tTheni is lequi ld the noAt cart be Melred i?liably. All costs aje allocaied io ihe appliLable cxpendittire hcadiiig Iliat aggirgale similar cosls lo Ihal category. WIre cosls calll1 be direclly allribiilcd 10 particiilar h¢Hding8 tlicy havc bcen allocated on a bo5is consisiciTri ivith the usc ot resources. with ceniral stall. cosls allocakd on the ba515 Ot. iiine spenl, aiid dei)r¢Liation chaiEes allocaitd uii th¢ portiun of lh¢ assyt's lis¢. Oih¢i' supwrt cusls are ¢illucaled bgsed ott the.%prct)d of 818ff Cliarilablc cxpcndiME cojiipriscs ihosc costs incurrcd by thc elity iii th¢ d¢liv¢ry of lis activities and seiC¢S for ils b¢lleliLiaries. It jnLlud¢s tA)Ili Losls Ilial c} be alloial¢(f dir¢Ll15' lo sucli aclivili¢s Iliuse wsls of ali indir¢ct J)Jlure I'axalioii Ilie cli&rily is coii.%ideted lo the le%ls 8et oul iii Parograph l .%cliediile 6 al. th¢ l.iiJaiJce Act 21Jlll llt)d therefo il nieels th¢ dellnilion ot & charitable rompany lor UK COTPOTJtion ty PUTP05e5. Accordingly. the il). is pUlentilI). ¢.Keiiipl fiojn loxdlion iii i&specl LTrfincume or capilal gains iELeived williin caleguiies Lovered by ChaplLI' 3 l>art I l ol. Ilic CorrM)ration Tax Aci 2010 01. Scction 256 of Ihc Taxaiioii ol. Cliargeable Gains Acr 1992. ro 1¢ that such iiicanic OT gaiii$ aFe applied cx¢lusively lu ¢harilablc purw%ts. Pagc 8
Cutting1 Commukkty Ce- Note5 to thL Finanei#l StxtenTrL•lIt5 roy tbL Ye#r Ended 31 December 202$ T#ngible fixed w$$¢t$ Individudl lixed 3ssEls initially reLorded ot Los1. less any subsiquvni aceuiiiulaled depreuTalion and subsequent LuiiiiilaiLd impainnLnl lo%%&%. D¢piwiiiiioii is piovi(led oil lilngible fiAed 055el5 50 a5 lo iYril¢ ojftk c051 Dr ViLliiaiivrt, less any eslimaled re5Liliial valuL. aYeT thcir expetled useftkl ecommic life as follo'S.. Ltllschold opcrntioiiAI propcrtics StrlehI IiiiL ovLr th¢ lifL ol'thc Icase Fixluies. liLtinbTS equiprnvni 20Yosiraiuhi line T21 llgible fixed asseis held for investa1 piirposes are carried al Ihe tiSlee5, valu&tioii aiid ntsi depre¢ioied. Tliis is d¢paiturc troiii thc ('Dinpani&R Act 20116 hnwev¢i' the Ini¥E¢S believe thai dcprccialing Ihc a3fL'I ivould noi give a true and fyir vieiv b¢¢aus¢ it is h¢ld for invesbn¢nl and not for¢onsumption. Stoek Siock is v&lu¢d ai tlic IoivcT Ot. C051 ld cstitllaicd sclling pi'icc Ic55 cos15 to complelc and Kll. JftEr di regard foi. ot>sul¢l¢ and sloiv iiu)ving 51oLk5. Cost l5 d¢l¢rniin¢d 11sing ili¢ fitsl-in, fitbl-oul IFifoi Government granf.5 GovemTnent 8rJnls are tEcognised based on the actrual ijjtrdel artd aTe measured at the tair valiie ot'th¢ asset received or reLeivdble. GFdnls are LlasgifiLd as rL[ling eit1r 10 iYYLJiiie or 10 asseis. Graiiis reialiiig lo r¢v¢nu¢ are r¢coEni%¢d in incojnc ovcr Ihc pcriod iii ivlucli Ihc rclaled cosls are rccogniscd. Gr8nls relating lo an D55elE se iecognised over the eXpCted ugeful Itle of the asset. WhEre pat1 vf M ¥ixni iylatijig to asset Is Ilet¢iYed, it is recogni%¢d d¢ferred itjcojne. Hire purcltnse and fwance leAses L¥ases iii ivhiLlJ siibslaiilittlly all tli¢ I'isk¥ dllLt r¢ivgrd% ul'i)¥iry)¢r.%liit> are r¢laiD¢d by tlie lessor arL Lla.%sificd LI[1ing 1¢gs¢s. Rentals payabl¢ undeT OTtIllE leases aTe chaTsed in the Sth¢eTneiit of FÈiiancial Aciiviiies on a slTaight liiie bd5ts over tlje le& iemt Vinart¢i•l in$trum•nts The LhlY Only has, fil]LId1 dSSelS ld fiJklIa1 li>Jbiliiiey ut'a kijjd Il)Ji qlldlify ds bdSiL findnLial instrwneIs. BasiL financial in%ttunicni8 arty iniliall). rccogni5ed al Ira2Jsactlf%ii valuc and subsC4iicntlv illcasiircd al Ihcii. s¢til¥iii¢iil vali. Cash ajid cash equivalents Cash cash equival¢Jils rotnpris¢ cash on liqnd aiid call d¢tKksilE, and oih¢r 3hort-lertn hiKhly liqiiid irtvesYmeJJis that atc readily c<knvertible to o knoiyn lI0uJ)I i)f cash arc siibjcci lo ali illsigjiificwit risk of chatwc in valuc. l)ebtors ebior.% are recognised thiiially 14.hen ttY bccomc diie &t tl)c tratis&ction pricc. Thcy are sub5tqi¢tnily mea5U]td ot dlllortised Ltrsl u5iiig ilie eff¢ctive inleiE5t rale nieihod, le55 provis1011 lur in)paitineiil. A ptovision for iinpainixiit ot. dcblois is c%labli%li¢d M'IK'n thLfL' i.% ohjeciivc tvidLllte Iliut tlie chtsrity will not be ahle to collcci all amounts dLI Crtdltors Ci'ttdili)I's are obli&i#lti)115 1<1 pay for gouds 8nd serviLes IliJt have beeti ocquired by Ilic chaTity. C.Fcdilor5 aTC iiiilially tccogiiiscd al Ihc traiisoclion price and siitkqUcnIIY Eno1red at aTnntliEed ci>Q ii%iRg ihc effLCliYc inicrcsi rncihod.
CottinElcy Commknnlt) Centre Nnles to the Financial Statement$ for the Year EndLd 31 DeL'ember 2025 ! donAtiOllS 4rbd Icg8rie. Ilni'estricled fynd5 Tvlal 2024 Dt¥l¥llAttd General Reslrictcd Donatiuns )d legacies: 61,9211 l.i75 63.5U3 69.666 Giitsl% incliidiiw capital liiaiit makiDg tll]%is 9.095 28.7(X) 37.795 24.180 61.928 10.670 2&700 101,298 93,%4(? UnrtstrlctEd Ttbt21 Total GtRET7tI 102) FuJjdiaisii eIS 2,234 2,234 2,059 UiirE$tritted futhds Cener21 Totfil 2U25 Toi81 2024 ljitcSI iuci¥ablL and simil4r inciJtM¢: icom¢ flvin nIS 122,885 122,885 153.095 124.068 124,0611 154,535 6 In¢om¢ from ¢h#rltoble Actlvitles Unre$tricted fund Ttbtal Tot C4¢nerAI 2024 Sales: rooni hire and activity income X2.¥96 112.891) 102.621 PagE 10
"CfFttRngley Community. CcRtrt Ni)le5 to the FiDaJJcixil.State]Jtcnls ftsr the Year Ended 31 DeLember 2025 7 Oth¢r UnrL)5triclcd Tothl 21124 D¢si%nrtttd 2fJ25 8).0110 1.250 81.ono 81.QIJD 1.250 8 kxptnditi]re chfiritablt &ttivlilt3 Uresttle f17¥ e¥i¥natea Cenerxl Rcslritted 202S 2024 161,647 10.096 171.741 89,81.s 61.928 2,632 15¥.087 7,",32 61,928 2,632 Loan inleTesl l)epreeioiion 64.¥12 2,632 299..352 72,292 243,728 10,096 g .Npt Nei inceminE resoiirces fur Ilie year incliith.. 2025 2024 DcpTcLiaiion DFtixcd asscls Iiidtp¢iid¢iil ex411niJie¢s f¥ 3.300 3,140 10 I'rustets remunor8tlOll gnd e¥iell5es No Irti%lccs, nnT any cDnnccted with thctri havc recLived any Tcrnuncralion from the Qhaiity ditrinE Ihe ycar. No triislees I,¢ ieceiv¢d un! r¢imbiir3ed expcnscs oran) olhcr beThctits from Ihc churit) dur£ le )'ellr.
Coltingley Commuttit) Centre Notes to the Fin#ne3al 8tulLments fur the Year EndL.d 31 J)e¢embLr 2025 I I Stkff tost$ Ihe aggrcBale pa)'roll c05t5 Mrtr as follam's". Employment ¢0515 2025 2024 illJ(I etL' 17(5 cial scciirily costs Pciision co8¢ 1,210 2.516 494 18.689 97.445 ie nuinber ot. rsO17S liiicludiiig senior lilnage17]ent / Icadership leeiiil empkkyed by the charity dwinE the year was 21124 No eniployec iyceived eiiwlujnenis ol'iiiore tliaii &60.(iOO dLII'jn8 IhL year. Tli¢ ioiol einploY¢e b¢n¢fiL% of th¢ k¢y m&nag¢in¢ni P¢iTQJllL¢I of tli¢ ¢hwtiv %v¢re INil12024- £Nill. 12 7'•llgiblt fixed a$5e15 lexsehDLd Lottg IcgFoh(sld ihvesimtht op¢rlltionAI roperty propErty Fixfui'e ritting¥ equtpThertt lotal AÈ l Januury 2U25 .926.163 lJ51.747 150,040 3,427,950 Ai 31 DeLenikr 2U25 1,926.163 1.355.747 150.040 3.427.950 Ai l Jiary 2025 Chargc l(TrrthL year Ai 31 Decetsiber 2025 1,078.067 2,632 150,040 1.228.107 2.632 1.080,699 150.04U -230.739 et book value Ar 31 DcLrTnlT 2025 1,92C),163 271,1148 Ai 31 Dcccmlxr 2024 1,926.163 273,fiXII 2.199.843 All Ilie1¢35elMkld property ift SuprtF My1nds. slx)uld condttion8 not be odlicitd 10. The irnslces belit*¢ that the Lst ol. long leahOld itLV¢51ttL¢nls pmperty rcpir5cnts a fair Maet valile. The vHlu¢ of Ihe long leahnl4 opcraiional piiJp¢ity 15 llolv I%Tillen dowii lo ils eslimated ttkirkei vulul %¥liicli is con%idciid i() bc e4uiYal¢ni to lis value lo Ili¢ chaiiiy. IVIlle iioii eslablsslied the cwTrnt Intt)n gle17t1On ivhi¢h can be sustained optraisng of thc pi'op¢rty. Pa8e 12
Cottingley COMMU1 Ceht le¥ to the FiD#llci#l Statementy fur thè VLbar Eniled 31 DeLLmber 2025 2025 2024 38.9",11 l().CTrOI 165 PrL'pay111¢1115 #nd accrned JJOi¢ Oih¢i" dcbiv 17,457 55.7.36 84.78_ 2025 2024 Casli ai bank 110.608 91.776 112.13 15 M?Ihik yeRT 202S 2024 TradL ¢r¢dilO l)Ilicr tLYali(>n aiid %ocidl curity AcLiiials and deferred income 16.373 4.605 45,140 129,538 16,027 8.379 56,264 144,090 Lrediior5 one include5 Ihe iot)t5willB friabÈlKie5. on wfiieh secunty has been given by the th&TiIy: 2025 2024 63,42 l.ouns and knmiiwL?gs aTe Cuted on tlie IoEpg l¢asehold pioperty.
Coltingley Commontty CeRtre Notes ti) thL FinAneiAI Slati'ments for tbe Year Ei ndcd 31 DLcember 202$ 16 CrettiTtifs: fAltiTrg dt ftir oneytAr 2024 t,,91., Creditols iunounls lallijig due efter Jiiore one year inelud¢s ihL' folloivin2 liobilili¢s, on i¥liiLlI %ecuriiy lias tL'Ln giTren by the ch8rity'. 2025 2024 Loa lyorr()%ving% s¢ciir¢d oli ihe loiig lea5eliold piDpeny. 7nciuO¢d in the CTe<5ilors the lollowing aniounis Ou£ lliier mort ilian live PTS.. 2024 b3 Borrowings due after five ye&rs Loons of £45¥,00112024- £487,012) from Fttturebutlder8 P.ttglmd occrue inlere81 llt 6%and orc seeurcd hy o charge on all loiig leaseliold piopetiy ¢xcept Ilie M¢diLal Ceniir. R¢paym¢nls are spiead ov¢i' a period uf 25 yeais. Iiiieresl is ¢vrr¥'ntly b¢ing ivaivL'd on th¢5e14an% to thc clld of tht IcrEn. A loaii of £542.916 12024 - I577.3251 froni FuluTebuLI(J¢T5 F.ii¥land bellrs inlciL51 J.-ulurubuildeis fn¥laiid'5 .%laii(Jard Iv1¢ (Lurrently 6Y.I, 1% tepayuble VV¢T 26 yearo and is selura on thc Mcdical Cenlre. liiletesl is currently being waived on thcsc 108ns to 111¢ cnd of Ilic Icm). Other finaiieial ¢oMmilments Tlie ioiwiii1tjil belo¥¥' r¢lales 10 the loial fiiliire ijjinunum lease pa)'Jii¢nls uiiiler a JJon-Lancell&bl¢ opcrdiing lease. TIW Iolcil aiiiount of oihet financifjl ¢vmmilm¢n15 not pwvided in the financial slalLmcnts was £3.911012024- £3.7741. Opè¥%YiR IMès- ltssYJr 'rhe loial fiitiirt rnitiiniiiii) leL8c w¢eipt5 Irtnls re1vable), for ¢oGli otthe folloiying pcriods.. 2025 2024 87.382 116.350 Laler tliaii (in¢ year not later Ihan fi¥e years 138,008 225.3 220,183 336.533 The conlitkg¢nt IYCO8nised 85 iiiconie durin8 t1 year ivas £122,88512024- £153.0951
Cvfliiigley C¥Thtr Noley to the Financial SthtemeDts for the Year Ended 31 DeLembei- 2025 B&lAllte #i Bal4nce at I January 31 InLUnllll¥ res0rteS RtwurcL exptnded DeLL'niber 2025 I'rxnsférs 2025 Ullre5trictEd funds GenLrdl 758.366 211).1168 {24.3,?2111 172¥.11541 5.652 tlesiwial¢(I Properly D¥siLin£il¥d urriLe dildpidaliuns 61.928 81.000 164,560} 17.7321 ,198,926 1.196.294 73.268 De5'iwle 142.928 172.292) 1,198,926 1.269.562 Tot•1 unrostricted 758.366 362.796 1316.020} 470.072 1.275.214 Pmpeny HolTrday Clu l Youth 470.072 2.(M)O 1470.0721 21,000 13.6O0} 19,400 Sun)Tn¢T Bllsh Warm Spaces PJ]rnls' g.TOUP Droiii 2,700 11,11801 11.0001 1500} 12,816} 820 1,000 1.40Q 900 2,184 5,000 Rtstritt¢d 475,622 28,700 110.0961 1470,072) 24,154 1.otal furtds 1.233.988 391.496 326.116 ,299,368 Ralxnce %t 31 Defefflber 21124 Balwnce at JlIrY 21124 R¢50Mrce5 expcnded rcsources UnrcstTILted fund CJL'IiCTal 706.79S 336.941 28f J701 758.366 R*stFtctd fyad5 Property lolTrda)' club% l Youth 8rA)rt8 ,kn L• 470.634 1,60Q 15621 19,6001 470,072 2,000 10,000 3,000 1,000 1,400 13,0001 Wunii Spaces )8111%, groiip 1,40 Kestrirted fiinds 472.2.34 17,37U 475.()22 Tutal fund5 .179.029 {29(),3521 1,233,988 ljagc IS
1)tilg"Y Cthmmttlfy Centrt Nvley to Éhe FinaclaI StatLmeDts for the Ye#r Ell(led 31 December 2025 l)uring the y¢ar, UliTeE¢Ticled rescrvG4 liave been r¢%l8l¢d lo.%hTriY %etMralely lho iyhicli arc TepTelcd by 0sKThlioJial 8iid InveJ¢At assets. l-his gives a clearpregentation of r¢rves availsble for general purposes. 19 A&.51 of Rssws b+tett fvnds 'I'otl funds Al 31 Dcltmber UDre51ricted fiinds Dt51%liRted Rc51ricted fuJ]ds 'I'aiigibl¢ fixed 2,197.21 7),:.68 1()3.4201 19.17,4971 1,269,562 2.197.211 169.19: 1129,538} 1937.4971 ti.4.114 166,118} Crcdiior$ ovcr l year 'rolal nct 31 December 2025 5,652 24,154 1.299,368 lJnre$triefed Ke%tJ'ii'ted rund5 JI Vecember General 21124 Tangible fjxed asseis CuT¥t*l acgi CuTrent liabilities Cieililoib vv¢r l year 1.721).771 47U.072 .550 2,199,843 1144,0901 I l.OQ(J,9171 1144,0901 11.O(Kb,9171 Ti)lttl nei ¢15 a5 ai 3 1 DClbe[ 2024 758,366 475.622 1.233.9811 211 Related partv transRetion$ During ilie year It cliariiy iiiade Ilie followiiig related paily Iransaciioiis.. Revd Lindsay Pejrsoii, Patricia Smith, Steve Peer& Doug Threllall and Jan Ilesselwood RLvd Liiid58y Pearson, Palricia Sniiih, Slcvc Peers, Doug Thtclfall and Jan FIcssclivood w£re m¢mr5 Qfihe PCC of Sl Miihatl a] All Ang¢ls, Cultiiigl¢>' thriiughoui Iheir tei'iii ut. oftiLe. The PLC aT¢ Ili¢ b¢n¢ficial oi&n¢iE of the fre¢liold %ile r>n Ni'hich ihc long leahId piEiiiir% IopcTalional and invcslmcllt prapertic.81 .tand. Nonc of the fuiEtnenlioned Ldn delive perso1] bEnEftt frum theiT tiTr¥inbeiship ul- th¥ PCC. Al lh¥ b17c¥ sh¥ei daic the movnl di1¢ ttroM Revd Lindsay lJcar8OJL PTiCEd S11)ith, 8iev¢ Peers, Do15g'lltIIR]l tmd Jail 11tslI¥00d %vas £Nil {2024- £Nill. Pag¢ 16
Cottingl¢y CDmmllttity Centre Notes to the Financial StsteMets for thL Year Ended 31 December 2025 On 13 March 2026. lh¢ chaiity cnlcTcd into an 3greetncnl with Social ItJVCslMcni BuSisS Limi¢¢d lon haIr or Fuknwebvildeis En¥landl io ain#nd th¢ iernis ufiiy existing loan rangel7]en'. Uiid¢r th¢ teTm8 L)f this agreemejii. futurebutlders has agreed to iyaive u btgiiifitatti proJx)rtion of the ouislaiidiEJg lowi tkTrlanccs, atn(>urtiing In £724,725, Subject to cerfain condilionE. These conditions includc thE TCqUiTCTncnl lor Ik chaTity to ittarkcl 8nd %cll part (>f its prI)rty. Ihe McdicBI ('cntrL'. by I l Decexnber 202& with the De¢ pruL*eds appliÈil in[VIn£t ofthe ILl8n tsalJDce As thc £tgtcctn¢nt 1% conditsonsl oil future evell adJUent been fflgdE to thE fJnwL¢ial stai¢mtJJis for the yw eii(kd 31 DIccEnkr 2025. Page 17