OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-12-31-accounts

Annual report of Walney Community Trust for 2025

Throughout 2025, we continued our well-established two-pronged approach to supporting the local community, roughly split into “youth based” and “community based” activities, with increasing and considerable overlap between the two. Our services again made a positive impact upon sizeable numbers of people of all ages.

Youth activities were led for the first half of the year by our Deputy Lead Youth worker, Yvonne, supported by our team of Youth workers; in the latter part of the year, our newly appointed Lead Youth Worker, Laura P, took over those reins. The youth club was held initially on four evenings per week, organised according to age groups, latterly on three evenings per week plus focus groups and a monthly meal on a fourth evening. Sessions included typical youth club activities: pancake and pizza making, arts and crafts, games, end of year and Christmas parties etc. and visits from the likes of Natural England, Cumbria Fire Service and Barrow AFC. We have maintained our very positive relationship with the local Police Community Support Officer, who has attended sessions regularly and supported us in applying for funding. We also organised a youth club day visit to Morecambe, enjoyed by 20+ of our members. The youth club sessions were very well-attended, with a total footfall of 2400+ (compared to 2600+ the previous year, the reduction due to staffing issues in the youth team).

A major development in our youth provision was the introduction of an in-house “Summer Youth Club” during the summer holidays, for three sessions per week (one daytime, two evenings) for five weeks. The sessions were well attended; for example, a total of 180 young people attended the day sessions, comprising 47 unique users. The feedback from children, parents and carers was overwhelmingly positive, and demand to run the programme again was high. Families told us how much they valued having a safe, structured environment for their children during the long school break.

The community strand of our work was again led by our Lead Community Worker, Laura F, supported in the second part of the year by Sarah (Community and Youth Worker) and Lin (Adult Mentor) and various volunteers. Community activities aimed at supporting both individuals and families were organised from our centre: Saturday community meals with bingo, Toddler sessions, wellbeing walks, chair aerobics, Pilates, Great Big Green Week, litter picks, Warm Welcome Hub, Seed to Plate project, Christmas Fayre etc. We again ran or hosted a number of courses in addition to the above activities e.g. air fryer course, Women’s Safe Space Confidence Building. We participated in Foodshare collections, enabling us to distribute food provisions to the neediest in our community. 2025 was the third of a five-year funding agreement with The National Lottery Reaching Communities England for the development of our community work; the agreed impact statements and outcomes for this project again reveal the impressive extent to which we were able to benefit the community in 2025:

367 people attended Trust activities (for a total of 2500 times)

83 people attended Trust environmental education programme events

184 people attended Trust courses

316 people were supported by the Trust (for a total of 562 times)

All staff again demonstrated considerable commitment to updating and improving their skills and knowledge: training in First Aid, mental health first aid, digital marketing, sexual harassment and self-harm awareness was undertaken. We again held staff planning/preparation/training periods in both January and September.

Staff continued to develop and maintain links with a wide range of outside agencies and other charitable groups with whom they work in partnership: Cumbria Youth Alliance, Furness Youth Partnership Network and Community Prosperity Partnership are key examples of these.

Our General Manager Cheryl led regular staff meetings, one to one sessions with staff and twice yearly PPT weeks. Under her leadership, we have continued to make improvements to our ageing building, most notably a completely renovated kitchen, new front door, and new LED lighting, new chairs and new entertainment system in the main hall; the B&Q Community Days scheme provided both materials and labour for the revamp of our youth room. We retained the top Grade 5 in our Environmental Health . Kitchen Inspection We have attended local funding and volunteer fairs, met with the local MP and councillor and played an active role in the Furness Community Network. For the first time, we have received income from electricity exported to the grid from our solar panels. Also for the first time, we have three-year plans in place for both our community and youth work. We have regularly updated our website. We met with a team of executives from James Fisher & Sons PLC, after which we were delighted to learn that they have chosen us as a charity with whom they will work more closely in 2026. At the end of the year, we were excited to learn of our success in Stage 1 of the funding application process with Barrow Rising, with a final outcome expected early in the new year; this could offer transformational funding for the future of the Trust.

The Trustees themselves were active throughout the year, meeting formally on six occasions. We approved and introduced new policies for Environment & Sustainability and Reporting Serious Incidents and added sections on Pricing, Gifts and Hospitality to our Finance & Risk Management Policy; the latter were gaps identified through our work on the Charity Commission’s “Good practice in financial management“ checklist. We maintained our rolling programme, by which key policies are reviewed formally annually and others biennially. We maintained a Safeguarding group comprising two Trustees and staff Designated Safeguarding Leads, meeting formally six times per year and reporting to the Trustee body. Our Finance & Risk Management Group met monthly, submitting minutes to the full Trustee body.

Trustees continued to work on the following strategic objectives:

Work on these strategic objectives has slipped as more urgent, day-to-day matters have demanded the attention of Trustees; it is intended that greater focus will be given to these in 2026.

We again spent time, supported by the local MP, trying to communicate with the owner of the adjacent pieces of land, in order to effect necessary repairs to a boundary wall. We completed the process of transferring ownership of the premises from the Trustee body to the Charity Commission’s Custodian Scheme.

Two new Trustees, Sue Phipps and Samantha Taylor joined us at the start of the year; the position of Deputy Chair remains unfilled.

The major risks to which the charity is exposed, as identified by the Trustees, have been reviewed and systems have been established to manage those risks.

As ever, a major focus of our work is the on-going efforts to secure funding to enable us to maintain and further develop our activities. We continue to be extremely grateful to the organisations without whose financial support we would not be able to exist, particularly those who have faithfully funded us for many years. These organisations are shown on our website at www.walneycommunitytrust.org .

Walney Community Trust

Financial Statements

For the year ended 31 December 2025

Walney Community Trust

Income and Expenditure Account

For the year ended

31 December 2025

Income
Grants
The National Lottery Community Fund - RC North East & Cumbria Region
Room hire
Youth Club
Community Door
Donations
Refunds received
Other income
Expenses
Wages and NIC
Training
Travel expenses
Systems and Safety Checks
Professional Fees
Payroll Expenses
Building repairs and maintenance
Cleaning expenses
Utilities
DBS checks
New equipment
Telephone and Internet Charges
Licences and subscriptions
Advertising
Sundry expenses
Insurance
Printing stationery and advertising
Community Project expenses
Youth Project expenses
WCT - Project expenses
CCF Project expenses
Capital projects
Depreciation
Net surplus/(deficit) for the year
136,057
32,921
1,205
5,908
1,405
100
209
2,075
179,880
112,050
214
-
135
1,365
1,586
346
3,241
2,700
292
45
633
1,091
60
22
2,485
523
6,522
2,373
26,675
-
5,081
1,868
169,308
10,573
2025
43,335
15,967
4,270
3,604
804
125
203
1,646
69,954
91,667
2,728
55
1,821
240
1,264
11,206
2,917
1,295
376
186
700
1,025
-
112
2,283
703
9,471
1,917
-
225
5,760
844
136,795
(66,841)
2024
43,335
15,967
4,270
3,604
804
125
203
1,646
69,954
91,667
2,728
55
1,821
240
1,264
11,206
2,917
1,295
376
186
700
1,025
-
112
2,283
703
9,471
1,917
-
225
5,760
844
136,795
(66,841)
2024
(66,841)

I have examined the books and records of the Trust for the year ended 31 December 2025 and the above Income and Expenditure Account is in agreement with the books, records, and explanations supplied to me J Kelly MAAT, ACCA 11 March 2026

Walney Community Trust Walney Community Trust
Balance Sheet
As at
31 December 2025
2025 2024
Notes
Fixed Assets
Tangible Assets 2 90,918 87,846
Cash and Bank Accounts
Restricted
Grant Fund Wages 13113038 55,048 58,383
Walney Development Fund 5,549 7,426
Unrestricted
Current Account 13046063 3,856 1,670
Designated
Redundancy Fund 13088637 17,749 17,749
Job Development Fund 4,628 3,678
Building/Contingency Fund 2,531 4,866
BWECT Baywind - 528
Equipment 1,118 1,485
FCN 4,151 -
James Fisher 5,000 -
Co-op Youth Account 13,220 9,564
203,770 193,197
Capital Account
Reserves brought forward 113,197 180,038
Revaluation reserve 3 80,000 80,000
Net surplus/(deficit) for the year 10,573 (66,841)
203,770 193,197
1 - 0

I have examined the books and records of the Trust for the year ended 31 December 2025 and the above Balance Sheet is in agreement with the books, records, and explanations supplied to me

J Kelly MAAT, ACCA 11 March 2026

Walney Community Trust

Notes to the Financial Statements For the Period Ended 31 December 2025

NOTE 1 Accounting Policies

1.1 Basis of Acccounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2 Tangible Fixed Assets and Depreciation

Property is valued at current market value.

Historically Plant & Equipment has been charged to the Income and Expenditure account. These historic assets have been introduced to Tangible Assets in the current period at their carrying value.

Plant & Equipment are measured at cost less accumulated depreciation and any accumulated impairement losses.

Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following basis

Plant and Equipment 25% on the reducing balance Property Not Depreciated

NOTE 2 Tangible Assets

Cost
As at 1 January 2025
Revaluations
Additions
As at 31 December 2025
Depreciation
As at 1 January 2025
Charge for the year
As at 31 December 2025
Net Book Value
As at 1 January 2025
As at 31 December 2025
Property
£
80,000
-
80,000
-
-
-
80,000
80,000
Plant &
Equipment
£
9,961
-
4,939
14,900
2,114
1,868
3,982
7,846
10,918
Total
£
89,961
-
4,939
94,900
2,114
1,868
3,982
87,846
90,918

NOTE 3 Reserves

Revaluation
Reserve
£
As at 1 January 2025 80,000
As at 31 December 2025 80,000

Walney Community Trust

Financial Statements

For the year ended

31 December 2025

Walney Community Trust

Income and Expenditure Account

For the year ended

31 December 2025

2025 2024

Income

Grants 136,057 43,335 The National Lottery Community Fund - RC North East & Cumbria Region 32,921 15,967 Room hire 1,205 4,270 Youth Club 5,908 3,604 Community Door 1,405 804 Donations 100 125 Refunds received 209 203 Other income 2,075 1,646

179,880 69,954

Expenses

Wages and NIC 112,050 91,667 Training 214 2,728 Travel expenses - 55 Systems and Safety Checks 135 1,821 Professional Fees 1,365 240 Payroll Expenses 1,586 1,264 Building repairs and maintenance 346 11,206 Cleaning expenses 3,241 2,917 Utilities 2,700 1,295 DBS checks 292 376 New equipment 45 186 Telephone and Internet Charges 633 700 Licences and subscriptions 1,091 1,025 Advertising 60 - Sundry expenses 22 112 Insurance 2,485 2,283 Printing stationery and advertising 523 703 Community Project expenses 6,522 9,471 Youth Project expenses 2,373 1,917 WCT - Project expenses 26,675 - CCF Project expenses - 225 Capital projects 5,081 5,760 Depreciation 1,868 844

169,308 136,795

Net surplus/(deficit) for the year 10,573 (66,841)

I have examined the books and records of the Trust for the year ended 31 December 2025 and the above Income and Expenditure Account is in agreement with the books, records, and explanations supplied to me.

J Kelly

MAAT, ACCA

11 March 2026

Walney Community Trust

Balance Sheet

As at

31 December 2025

Notes

2025 2024

Fixed Assets

Tangible Assets 2 90,918 87,846

Cash and Bank Accounts

Restricted

Grant Fund Wages 13113038 55,048 58,383 Walney Development Fund 5,549 7,426

Unrestricted

Current Account 13046063 3,856 1,670

Designated

Redundancy Fund 13088637 17,749 17,749 Job Development Fund 4,628 3,678 Building/Contingency Fund 2,531 4,866 BWECT Baywind - 528 Equipment 1,118 1,485 FCN 4,151 - James Fisher 5,000 - Co-op Youth Account 13,220 9,564

203,770 193,197

Capital Account

Reserves brought forward 113,197 180,038 Revaluation reserve 3 80,000 80,000 Net surplus/(deficit) for the year 10,573 (66,841)

203,770 193,197 1 - 0

I have examined the books and records of the Trust for the year ended 31 December 2025 and the above Balance Sheet is in agreement with the books, records, and explanations supplied to me.

J Kelly MAAT, ACCA 11 March 2026

NOTE 1 Accounting Policies 1.1 Basis of Acccounting Notes to the Financial Statements For the Period Walney Community Trust Ended 31 December 2025

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2 Tangible Fixed Assets and Depreciation Property is valued at current market value.

Historically Plant & Equipment has been charged to the Income and Expenditure account. These historic assets have been introduced to Tangible Assets in the current period at their carrying value.

Plant & Equipment are measured at cost less accumulated depreciation and any accumulated impairement losses.

Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Plant and Equipment 25% on the reducing balance Property Not Depreciated

NOTE 2 Tangible Assets

Equipment

Property Plant & Total

£ £ £

Cost

As at 1 January 2025 80,000 9,961 89,961 Revaluations - - - Additions 4,939 4,939 As at 31 December 2025 80,000 14,900 94,900

Depreciation

As at 1 January 2025 - 2,114 2,114 Charge for the year - 1,868 1,868 As at 31 December 2025 - 3,982 3,982

Net Book Value

As at 1 January 2025 80,000 7,846 87,846 As at 31 December 2025 80,000 10,918 90,918

NOTE 3 Reserves

Revaluation Reserve £

As at 1 January 2025 80,000 As at 31 December 2025 80,000