Priors Park Nei%hbiiurhooql Project Limited Anniidl Kep)n and l.'IrianLial Sla￿'Ments IIK. )iur .1 llt MarLh 21125 C'ompanv No.. 0124.3427 {r.nglaiid and Wa1¢51 L"liiWlI! RLgisiraii()n Ni?.. I I IK>1145 Priors Park ￿"eIghboUrhOod Project Lim4ted CoDtenis Reteren¢e and a(Imini5Lrati%'e Iktails Trus*e r¢port Ind¥￿ndent examiDcrs re￿)rt st￿¥￿￿nI ot financiai acttviti¢s H8lanc¢ %heei Nute5 10 th¢ fin￿)lIal %taten*nL 7_13 Prion P*rk Neighbourhood Project Limiled Referenct Ind adrnini%lrAtiTr'¢ det•ils ChMirm4D Truitees J Sianlcl" It ￿'lIkinSOn M Houmc 'rincii)Ml orri£t Jubilcc 11 Ncighbourhwd Ccntre Yiirk Riiad I'ewL"esbury ( rlos (Jl In 511U R*2i.4iertd nffiee JiibileL' 11 N¢ighlx)urhotsd C'entr¢ York Roa41 "I"Lwkesbury CIl.2U 511U Cnmpin!. reRlJtr¥tiTrn number n5•43427 C'harily rryK%lT#linn number 11061145 Bwnk'trs 2 "1"he Vrom¢nadL Chilt¥nham lil 51) 11.R Indepondent ex•miner Ikan Arc4iuntsnrJ" *r%'ir¢s IAd 15 Iligh Streel (11.15 51)P Page I FINAL TRUSTEE REPOR T April 2024- March 2025 Priors Park Neighbourhood Project Ltd Priois Park Neighbourhood Project Ltd is a registered charity and company limited by guarantee without share capital. It has operated from the jubilee 11 Neighbourhood Centre. York Road. Priors Park. and has been run by a part-time Project Manager. Ruth Ward. with the 5LlPPOrt of a dedicated Board of 3 Trustees. CLOSURE STATEMENT It 15 Wlth great pride and a touch of sadness that we announce that Priors Park Neighbourhood Project Ltd has decided to dissolve the charity. While the chaiity has not yet formally closed. we are currently in a transition period working towards the wind-down of our seNice5. The Board of Trustees made the decision to give notice and to suTTender our lease with Gloucestershire County Council. With the lease naturally coming to an end, we retognised this as the right time to take this step. In planning for our closure. we invited CCP (Caring for Communities and People) to tske on a new lease and continue delivering community services from Jubilee Il_ We are incredibly grateful to CCP for stepping forward. Having worked closely in partnership with them over the years, we are confident that their leadership will ensure è seamless transition and continuity of vital services for the community. For our residents, it will be very rnuch busine55 as usual. er the years. we have strived to serve the local community. addressing its needs through innovative projects, practical support. and collaborative efforts. The decision to begin closure was not made lightly but is a result of financi31 challenges and funding constraints. As we move through this transition. we take this opportunity to thank all our supporters. funders, employees, and volvnteeT5 who have made the success of this charity possible. Your contributions have positively impacted countle55 lives. leavbng a lasting legacy for the Priors Park community. PROJECTS AND SERVICES PPNP PANTRY The PPNP Pantry has continued to SlJPPOrt local families through its membership. not-for-profit scheme. Each member paid £4 per week and received 10-15 essential food items. including surplus perishables and frozen goods. This project has helped members manage their budeets, pay bi115. feed their families, and improve day-to-day living. The Pantry has been a cornerstone of our support effort5. meeting a vital need within the community. Sadly. the Pantry closed on 14th February 2024 due to a lack of 5UStainable funding to continue the service L¢nder CCP. We recognise the significant contribution the Pantry made and the gap its closure may leave. We are grateful for the impact it had while operational. PPNP SHEDS AND OTHER CREATIVE ACTIVITIES We have supported mental health and tackled social i5013tion through activities such as". Woodworking projects, gardenin& creatrye groups and activities. Collaborating with the local nature reserve and èllotments to deliver wildlife and outdoor experiences. Facilitating the PotFUp Library in partnership with Tewke5bury LTrbrary. benefjtting 25-70 pupils weekly. Hosting Thai Cooking Classes. showcasing affordable and nutritious meals. FAMILY EVENTS Through collaboration with CCP, Queen Margaret Primary School, Noah's Ark Children's Centre, Priors Park Community Church, and others, we delivered popular community events. irscluding Easter Egg Hunt5. Halloween celebrations. Christmas gatherings. and summer fun dèys. These events brought joy and unity to local families. ROOM HIRE Room hire has been a vital source of income. allowing partners to host client meetings. facilitate activitie5. an(1 deliver events. The increased use of our facilitie5 this year underscores the dernand for accessible community spaces. PARTNERSHIPS Our success has been built on partnerships with organisations such as CCP. Citizens Advice Bureau. Tewkesbury Gtrl Guides, Job Centre Plus. DWP, Tewkesbury Foodbank, Bromford Housin& GRCC (Gloucestershire Rural Community Council). ProsF)ect Training Services. Tewkesbury Borough Council, and many more. These collaborations have enhanced our ability to serve the community. We extend a special thanks to Councillor Cate Cody of Tewke5bury Borough Council for her continued advocacy and support throughout the years. We would also like to express our heartfelt thanks to Idemia for their ongoing sponsorship and generous support, which has played a key role in sustsining our activities over the years. VOLUNTEERS A heartfelt thank you goes to our small team of 12 volunteers. Their dedication from daily operations to cleaning ond gardening-has been instrumental in runnin8 the Project. Some volunteers have Iso benefitted from our services. giving back to support others in turn. IN CONCLUSION The Trustee5 wish to record their deepest gratitude to everyone who has supported Priors Park Neighbourhood Project Ltd over the year5. Your commitment and kindness have ensured the success of our projects, leaving a meaningful impact on the Priors Park community. While this is the beginning of the end for Priors Park Neighbourhood Project Ltd. the connertions and goodwill created here will undoubtedly continue to inspire positive change as we transition our Se￿iceS to a new charity nder CCP. We are committed to makin8 this transition as seamless as pjssible for everyone involved. RESPONSIBILITIES OF THE TRUSTEES The Trustees. who also serve as directors of Priors Park Neighbourhood Project Ltd lor company law purposes, have fulfilled their responsibilFties in actordante with the Companie5 Act 2006. This irbcludes maintaintng accurate financial statement5, safeguarding a55ets. and ensuring compliance with applicable accounting standards. FINAL ACKNOWLEDGEMENTS This annual report is our final opportunity to celebrate the extraordinary contributions of individuals, organisations, and volunteers. Thank you for sharing this journey with us and for making Priors Park NeighlxTrurhood Project Ltd a beacon of communtty spirit. The annual report was approved by the twstees of the charlty on W May 2025 and signed on Its behalf bv.. J Stanley Chairman and Trustee A Wilkinson Trustee M Boume Trustee PriDr¥ P4rk Nt•ghbourh•)od Projttt l.imited Independent examiners report lo the Irtssieej of Priors Pgrk tytigbbourhDtsd Projef i Limited I rL.￿>ll 10 the ehdritN Ini4iL'CS on examination ofihc aC￿llAts ofthe churits. for th¥ yrar ended 31 MtsrLh 2025 M,hiLh drL 511 iiiit on Piigcs X 117 17. R¢4perti*'e resi>(Trniibilities of tru5teei and eAzminer A% IIiL i h&iril% 4 1111sw'i% i)1 I'ri(JT% Pi2Tk. NL TITh￿url7l)lJd Pmjeii l.imi*d (and its diTiYttsr4 fnr ihe PIL￿0￿$ i)I' Liiiitpcini i lou arL" re%￿nsibl¢ for ihc priparniion ol-lhe ￿￿Ounts in aLwrdaTrce with IIIL fL4UiICIIK'lllb i)I' IhL C".i)IllP4ini¢s Ali 21Kkn I'the 2fl￿ Ait'l. Iliii.iIi¥Y *ali%lJiil ￿1*￿11-t￿lI1l thv dLLI)unLN (Il I'rii>r.% I,￿k Neighix)Ufh(xid I'rojeLI l.irnited arL niit rv4uifL.d ) l)c JudilLd uiid¢r part lfr ot-IIIL 2iiiTrh ,lil and IifL' Lliglble fi>r ind¢pLndLnt exwnii)dLiibn, I rlpon In Ti4lkLt (Jl. mi LXiiinin41ttl)11 i)I' Ni)i)r Ch￿￿11}.￿ dcciivntts hs ca￿lld i)Ul undLf.%LLTion 145 1il.thc C'h4WItiLS Acl ?0 I I I'thL, •I}I I ,Ict'l. In carn ing. i)ul iii% ixamina¢ii)n I have lu110￿￿d IhL' I)IriLttons givLn by the C.haritt' C'()nimisbii)n uiiJir %illlbl? 14515Mhi 411 201 I tld. Indepeffjdent exuminer'J.%tillem¢nt I hJi'L ¢oinpl￿tLt1 iiii LxAnunaiicbn. I ci7nlirni ihai nu maUir5 have come ts> mfv utt¢ntinn in wnncclion wtth aiiiiiiniiii¥y reLords i¥cr¢ noi k¥rtrl in re%it of Priiirs Park Nei8htK)urh()od Prujclt Liiniwd as rL'yuircd 1)% ￿Ll1￿1} J116 111. IhL 21MK) ALI: i>r thL aLcounl.% th) Th)1 uccord with thiThc reL4)rds.' or thL aLu>ullLS dii nol coii)plJ H"iih thi ac¢ouniin8 r¢4uirciThnts of*ction 3Y() of thc 2Un6 A nthLr Ihaii dn) rLquircnK'ni ihdt ihi ULii>tsnl.% ¥ii'L a tru¥. aiid lair i't¢w' whiLh 18 n()1 u muitrr 11)Ii*idirc Ll ils Pan ¢)1. indL'FxiiJenl LiuMin￿lI)n' or IhL ilLLiiiinL4 h*ive n(Il k'in prep￿.d in jiLLxird[￿cQ with thc meth(yd% Jnd principlr% nl. IhL Sldtcnici)I Ipf RccnninKndcd l)r¢lLIILL fiTrr O¢ii)IiniinkT and ￿'r￿)rling h). LhAriliLs lapplicable to h￿111¥.8 prip￿11)￿ ihL ir ilL￿)Ur115 in ￿}rdanci with thc l. inancial RLPOfliiig S￿]dArd twliiAhlc in th( i IK wid Rcpublic of ]rn'l￿d (FR% 10211. I hill'L 111) Ll)nL¥m% an(1 Clbme Iii) i)th¢r Inalter% iii c()nnL'LlI()n with the exainindtii¥i) ti) whiLh uliiiiiiiin s1111111(I drawn In Ihi4 rLIKJrt in (TrNIL'r io LiIHblL' d Pft)pcr und¥r5tandin&b of thL' account% lu ' riiJihLIl. Sig￿led.. J I'lltsb l.'MAA I l)Ldli AicouniaJi¥S" ￿TrIc¢s 1.ld 14 Ili¥li SircLI l.vdnL)'I De•n Accountancy ServiceJ Ltd 15 Hlgh StreeL Lydney, Glos GLIS 5DP TeL 01594 843867 prnw.dean3CCOtmranoserviw.ct¥.uk Pag¥ 4 Priorj Park Yeighbourh•1￿ Projed Limited Siatemtnl of finxncigl arti￿ltIeS for ibe year ¢4d¢d 31s¢ M*rcb 2025 lin¥liiding IIEwinc arld F.%PLndiiurc ..Iccounl and SthicnK'ni of Tutsl Rccngni5cd (iii ins and tAJWS) LTnrestricttd Restfieted Fvnd$ Fulld Total 2025 Total 2024 Notes Income 8nd F.ndowments from: l)ondlll)n% and Icga¢i¢ ( )IliLr Irudin¥ dLllVItic In￿LsU11L inLI)Eni 16.62.f 24.96Y b70 11.5 28.125 24.969 70 63.635 20.6Y7 641 1.vtal inci)n 42.264 53.7(A 84,973 Expendit￿re on: {45.609) (36.2911 {81.902) 194.7x31 "IDial expenditure 145,6n9 (36.2931 81.902) 194.783) 'el ir7ii)In¢ (3.344 (24.793 9.810 NLI rnl)Tr¢n￿nl fijnds (3.3U) (24.793) 12X.1379 19.810) Rfconf iliation of funds I'ul411 liinds broughi fiiTl%'drd ?0.645 24.793 45.438 l ()tal lunds Larriid fiiTh%'ard 10 17.301 17.301 44,438 Itll i)f the ¢har%ty'% acli%'itlLS diril'c froni coiitinuing operalions during tIK h¥'o ￿n0￿8 shown aErt)vc. PiWL 5 Prion P•rk Ntighbourhood Projeet Limited Comp4ny r¢gislr*iion no: 01243427 B*l*nce Sheei as 4131$t M4r¢h 2025 2D25 2024 'ot¢5 Current Ajstts Debior5 Currciii aLcount 376 2.548 15.712 67 .3.743 42.042 67 46.22R P¢ll)' Lash C"reditors: Amountj (alliThi dut within ojbe Il.41121 175¥1) Ntl i%Jets 41.41% Fund$ of the charity.. Reslricted Ilnrejirlcttd incDmt f￿￿(15 Inrk51Tl¢I'd Iuild. 24.793 17.31)1 211.645 TolAI lundy io 17.301 4S,4.111 Fur th¢ ye£Lr ¢ndi118 115t m￿Lh ?025 thL' C4)mpun) wys eniiil¢d 10 Lxempiii)ii lftim aildii uiider Scciiibn 477 (yl. the L'ompanic.4 Act 201kn relating 10 ￿all comwiie$. DireLIuT5 re￿￿)n41b1l1ILe.1.' The Incinbers rL'quiYcd th¢ L41mpaDv u) ohiuitt ali audit i)f IL% aLwunLS ltir Ill )'ear In qUiSiiOfb In UiiiTrrdavLL ￿1th ￿'￿IlL)n 476,. and -lThc dirLLlors dcknowlLdgL Ilicir respon$ibiliii¢N flir Lomplling Hilli the r¢quircmciit% ol- the ALI w.ith r6%r&L1 lib ￿L1>11￿11ng reL()rds an41 ihe pr¥'lW4ltiorJ Iil-HLuJunis. rhe fingncial slatrnKnls havi t￿en prkpured in accordaD¢L' th¢ pfti% i5ion$ Iwpliiablc io colnpan￿s subjici io the STnall (omp￿ILl r¢gin*. 'I"he finonLial $wen*nLS 4ppri)ved ihc iru5*e& ar￿ Julhori*d for iKsuc on ...................... ithd sI¥￿d ui) their bel)ali- b).: A WilkinMTrn M ￿?11￿1¢ C"hdirnun uiid Trustee Priors Park Stighbourlbood Project Limited Note8 lo the Tr'in*nci*l Staltmentg for ihe y¢aT ¢ud¢d 31gt MArtth 2024 <'haritv st#tus 'I'hi LhaTils' 1.% liinit¢d b! &7varJnicL. inciirwrni¢d in, and conscquenil¥. d￿'S ntsl hav¢ sharc Lapilal. F.ach i)I'thL Ini%tLL% is liabli ts? ri)niribulL an ¢￿￿)￿nI not C￿￿¢￿ing £Nil toivard% thL aS￿S ofihc ¢h4rity in thL l￿.1¥)1 ()r li4uid&iion. IIL aildrLSS its rcgisliTcd iirrici is= JiihilLL 11 NLiblilxiurhixTrd C.¢ntTc Yi)rk ki)4(1 IhL prinLipJl plaLc ill hu%inL%% 1$.. Jubilee 11 NL'i&?hlx)Lirhthid LLnire Yi)rk R(J.Id l LwK-L%hury' Acfiiuntin% Pi)lir•tg 2.1 Summmry nf %i%nifirant arrDuntinR poli¢it* *Trd kev att•un¢in% eqtirn•l I hL i)riiiL IPILI aLLiiunliiik i?uli¥ic% Ji?pliL(l iii ih¥ l)fLpaTalinn of thc% fiiiiin¢iiil sta￿n￿￿LS arc uul IK.li)u I"IILSL' ￿)lIcleS hd¥L he¢n ¢on$i8trnil% 4)plie$ th ￿1 th¢ )tors prkny¢nt¢￿ unk*s 0iher4vl￿ slulcd. 2.2 .%taitment of complianre I hL Iiriiinciiil 51a￿.￿￿.17t5 hai'L P￿'parL.d in aLcordai)CL With ALU)uniing and Rep)r1ing hs. Ihanlies.. Slill¢llK"iil of Kicnmin¥nil¥d PTJ¢Iiw iippli¥ablc In cliariliis prci)aring ￿.1T aicoiinL¥ 111 IlCI()rdunLe ￿1th IIIL F"1111¢ nLial KLix>Ilii￿? %kntndiirJ cippliiablc in tho Ilk and Rcpublii (if ITL1￿}d (FKS 1021 clT¢rliv¢ I Jdl)uan' 2Ql S I IC'lidrilii* %¢ )Rl' 11.'k% In21). tIIL Financial Rqxining %iaiidard appliL&hlL In thi I IK and RLpiiblic ol. IrLland11.Rs 11121. I hew aixTr Lompl} wilh ihe Lvmpanie% Ail 21WI and C"l)uriti1s Aci 2UI I. 2.J Ba8is trf prepurjlinn finwncixl stBlementS l)rivi s17iirk Ni14h￿ilIr11￿>0d I'rvjLLI l.1iniiLd irn'iis ihL dLfinition of a puhlic I￿nL•it entih- iiiider fRS 102. 11$￿1% lind Iiiihililics arL' ini1iall¥' TLcogiiiscd al hi51ori￿I cosi nr tTansaciion vdliiL unle85 (iihenvi -%tdiLd in ihL fL.ILV￿[ ¢lLU)Iiniiiig PFlic! nolL¥. 2.4 fDoin% concern l.hc Irus1LC.% con%idcr ihJi ihLre ￿ n() mdleTial iiiiccrtainties knut ihc charitsls 1¢ hilitv tn L4)ntinuL' Js a Joiiik inncirn iior signilicani are￿￿ 01-un￿nabnty' Ihat alTcLX thc w'ing valuc i)[￿5¢15 hcld by 2.4 F.xemptinn fr(>m prepjring g r*ih flDw *181e1￿tfiI I"hi Lh￿trI1). i)PlLd li? Cdrl%' adi)pi IlullLlin I publis1?ed on 2nd February. 2016 3nd have Ih¢r¢fore nol IIILliidcd d Li%h fli1%%" %tdtLn￿n1 in IIK'X linancial %1NienK'nts. Pagc 7 Priors P*rk NtighboUr1￿fyd Prnject Limited Nottj lo the Financial St*ttmeo¢s for tb¢ ytar eLded 31Ji M*reh 202 2.6 INcomt tndowmentS ,111 inLUTn¢ 1% rL.L0¥ni￿d the charity. ¢ntiIlen￿nl ￿ ihe InL0￿￿. il 1% piobdhle th￿ th¢ inL(irne M'ill k receiv¢d and the anwunt of ih¢ InLOn￿ It￿l￿able Lan b¢ ￿￿&￿ured rcliabltr. th)n(iii¢Trv.Y rfjnd leRaeies l)onation4 are r¥cogiiised whcii thL charity has be¢n Miified in writing ol'both ilK' um(iunt and ttlemLnt dali. In thc ¢VLlli thai a don￿1￿￿ is subJL¢I lo ￿)nditIonS rL'qUtrc u lei'LI DI. FKrfl)rni￿) b) tIIL ¥huril) ￿.1()1¥ the Lliiifii). L5 ¢niitled ts) thl tiinds. th¥" inconK' LN dL.lirrL.d rvL()¥i?is¢d uniil ¢ithtr thi)%e Loiidiiii)1)S lull¥ meL or th¢ lullilnKni oc1h0￿¥ c¢)ndiuon% 1.% wholli H'jthin Il)L LiTrntyi)I of thr iharity li is probobl¢ thai ihes¢ condiLiOThS ￿$11 ￿ fuifilkd in tht r¢piriiiig P4ri(id. CJf¢m¢S receiwble (rrunL% are r¢Lo¥nisL'd knh¢n thL Lh#rii¥ hus. an LntiilenK'nt Ili¥ funds atxl Londilii)ns liiikL'd io th ¥riinL% hdve ￿en nKt. ￿'￿.re rKrli)mii1n￿ i(yndiliiins arc alL￿h¢d to grani 4nd drL I'LI LO be Inet. th¢ 1nLvrr￿ li r¢iiTr&Trni%ed ¢1 Iiubilii) ii)Iliid¢d on ihe bJlHnrc ihe¢i dclcrred 11)¥17mL kni bi rclL*S¢d. 2.7 Eipenditur ttlll L1￿1}￿1111r￿. Iq ILCI)gnised once there ib a Icgal or cOn￿ruL￿1￿4 obligation to thai CAr￿nd]lU￿. it i¥ pr4)hiible *iilLnk"Iil 1% rL'4uifLd thi iiiThiunt ui) nK'&%urL.d rLliuhli All L'L>%Ls ￿. d]li)¥u￿￿t ti) ￿. nppliidhlL LXI)LndiiurL' hLJding tha( ti&¥rLbJte similar Li)￿5 lo iliai LdlL'bTlln.. WherL' L￿1)1￿( IK. 41ir¢iilN' allrihuiLd li) WartiLu1￿ hL4ding% ilir) hav¢ Ix'Ln i)n a Li)risi%w'ni ￿.1117 111¢ usL' 4)I' rLbOUr￿.￿. Ivith CLntral 5lulTc()tsL% all£K￿Ld tin th¥ hkLSiS Of tllTK 5r￿n1. and 4JipfL'Ljalii)n Lhiwge.% IloialLd 01) th¥ wriii)n uf thi &sSei's u&.. I)￿.r support co&L%" 4WL' ul1viJ￿￿ on th¢ 41)rknMI ol. Sluft. co%L¥. I'li¢iriliihle a£'iiviii¢s C'liurtable ¢N￿ndIll1￿K ¢oniprisL'% ci>sts in¢urrL.d by th¢ churii% In thc delivery. i)f its aLiiVitI￿¥ and SL'twii¢s lor li$ Ixnk fiLIMriLS. li inclitdes Imyth thai iljn ￿ 411oLllted dir¥¢il%' tl) SULh activiiiL% wid tIIubL iosl> ijl. un nuiurL' th¥c¥4san lo supwn thL'm. 2.8 1 *x*tion 'I'hL clidriiy is conqid¢rrd ts) pa.*4 the sei oui in paT8graph I ￿.h(dUle 6 (If ihc Fin￿l¢e ALI ?I)I thLr¥l()rL' it n*¢t5 thL dclfftiliciii ol'ii ihyritsble tor IIK LiTrrrrfiration pu￿￿￿￿.￿. A¥ubrdiiigl)'. ￿. churils 1% WiLniiall& CX¥nipi from ￿￿3111)n in rL's￿¢t of incibnK or Cllpitdl gdins rcLLii'¥d %¥iihin Cd￿gi)rI￿% cihvirL'4J bl" ('hap(L'r 3 l>art I l ol'thc (.orwralion l ￿ Act 2111(l or %¥¥ttoii 256 1)I'ilie .1 Lwiti(>n i>f(.'hargLuhlL (lilllls Ail l Y92. 10 Ihe cxlcni lh￿ SULh inii)tn¢ i)r ¥￿n5 applied iXLlu>lVLI!. lo Lharitabl¢ purrM>se$. 2.9 C.'•8h xnd c#Jh equivilents C'&slJ (In(1 cash Lqui%alLnis LoniprisL L￿h on hJiid and Lall &"w)siis. i)IhLr shofl-IKrnI liighli. liquid iIIVLs1nKnis that fL'adil) Lon%Lrtiblc kni a kno￿TI an￿u￿1 olc&sh and thrn" iubjici in an insignif1￿ant risk of cliartge iii vJlue Priorx Park Neigknbourhood Projrtt Limited Noles lo tbt Fin4nfial St•temtni$ for the y¢•r ¢ndtd 3191 M*rtb 2025 2.10 Trorei2n ex¢hArt%e '] riifT4ilLlii)11s 111 liireTrgn LurrknciL* ufL' fL'corded Jt lh¢ rdl¢ of ¢¥changc at ihe date of the transaclion. Nl(?n¢lrflTh' a.￿￿'Ll ￿)d lidbiliii¥% dci)omindtrd In InrLign ¢U[￿nCI¢S at thc balance sheet date ar¢ r¢rKTrT*d dt thL ratL'S vl'ixLhiingL and prei'ailing ai date. I hc rcgiblLs of ob.cr￿a8 0[￿ratIonS tsr¢ tr4n*latcd at the averag¢ rutes of¢xchang¢ during the r￿rIod and IIILir bcLIuiiLL 5hiilq 41 th¢ rale4 rulin8 ai the bdlanii shcyi Jatc. Exchange dilYerencL% arising on 1rdii8lclljl)11 Ibt"IliL Iip¢riinL n¥1 W?d rLsiIIL% nK Iiind4 are gen¢rnl funds Ihal arc #vailobk for usc ai ihc InLslcc's dI￿Tell(}n in liinhLranLe i)1 ihe IibJL'CIivLS (If Ili¥ thi￿{). Rcstriclcd ino)me lund% arc thfisL' diii)uled for u.* in a particulur we8 ()r for spc¢ific piirTK)4e%. the use ol. Ivhiili 1% rL%triil¥J li) Iliai arLJ nr i)urFM)W. Pag¥ 9 Priors P*rk i%'eighbDurhood Project Limited Notes lo ibe trima￿¢111 St4t¢meDts for the year etsd￿ 31Jl M•rch 2025 Ineomt froth don*ti•n3 and leg*eies Funds Cs¢neral Ris1ri¢trd l*unds ?0?4 DOn￿lonS and Icga¢ies' tX)nations trom tndi%"i(lua15 IJr&nts. including L3Pital grants: CiranL4 fn)m otlKr chaTiii¢ 5.625 7.7x3 I I,O(K) 11,500 55 8$2 16.6?5 11.501) 2¥.12S h3.&35 Intom¢ from othtr trading artiVilie5 LlnrcwiLYed Funds CJ¢ncTal 202 I radtng inLonk'." Shi)p inL(Trn￿ friim.wlL ofdonatrd 8IMNt5 l￿d serVi￿S Sales of goods and.%¢rviiLS PropLW i¢i)Idl inc(1￿¢ 6,472 l.y$7 16.540 6.47 1.9)7 16.5411 1.943 16.423 *.l.y69 24,969 20,f>Y7 Expenditure on rharilgblt *cli>'itie8 Ur¢rtsiftct frunds {Jer￿ra1 RestrÈcied l."un(ts' 2025 2024 'age8 and %ul)contrnLt l.ight heiiJf imd travel el￿n$e% Ikgul and profe&%iondl fE¢ 17,452 2.483 2.%94 26.IMXJ 43.452 54,IMI4 $01 1,656 13.IR.I -451) 3.%3h 1,5(Kg 8.793 4.OY4 13.904 1.757 3.534 .X%7 X95 .205 3.443 613 ,274 3.361 1.8117 8yS 5_12 613 X71 1iisuri￿Lt ?74 .7.-161 36.293 N1.91I2 Pagc 10 Priors Park Neighbourhood Project Limited otes to the fr'inancill Staltmtn15 lor the year ended Jlst .M*r¢h 2025 I'TllStees remunerxtloll 4nd eipensej Nlr. J. Sianlev paid a r¢n￿1￿lT ii) thc )ear fnr Il. and wcbsit SUPTX)rt w'hich w&s agreed b). the I'ru%tcc In thL I'lar. .1 lic Lharit! is ll rL8151LIL.d LhurIt￿. an4fr th¢Tcforc c%cn)pi from ￿katIOn. Debt￿r* 2U25 2024 l)r¢pa)ThLnL¥ 376 37fi C're¢liiors: 4moun¢$ fallini within OD year '1.0￿1 2023 2024 ()Ihir L Tcdit¢)rs ,ILLnJJl 71) 79 1.402 PagL 11 Priory Park Yeigh1)o￿fho0d Projecl Limited Not¢5 to the Fsnanri*l Slatemtot$ lor ihe year ended J151 ￿mArth 202$ 10 F￿ndS Bala￿ ut rtpro 20!4 Rc$0l4fc￿S 14¢ilaiicc dl J1￿ m￿Lh,￿ ￿l￿￿rL¢S El￿nded I1nrestricted funds Cjefvierol cl¢ner￿ fwid 20.tA5 42.164 145 6U81 17.301 Restricted funds I£￿. tund Wibrks'hiip prtiJ¢its & sheds l)igi hiib 5¢54il)il% ifiouo 6,YO(I 1.¥93 11.51)0 127.5(101 16.91101 Tot41 restricted fbnds 11,500 16.29) Toi&l fundy 45,4.311 53.7b4 17.301 Ilal￿re at I￿1 Apnl 2923 Incoffling Resour¢¢s R¢sources F.Kp¢iided Baithc¢ al Uorestrbtied f￿￿d$ rJen¢ral fund 41.621 (48.4111 20,648 Restri¢¢ed funds Sdlar). fLtnd 'OTkshop projects & sheds Di¥i hub ses5inTr 20.83i 2_5.IMM) 129.¥431 {6,6$01 19.¥XY) 16.(KlU 6.glho 6.980 4.¥02 I'ot*l re5trirted fufjds 27.813 43.352 (46.47? 2..1.7Y_I Total funds 55.248 84.91.1 194.781 Page 12 Pr¥ors Park Neighbourhood Projerl Limited Notes to iht Finanrial St•tem¢n¢s ltsr the year ended Jljl Marf b 202$ Tralvstj of nei x.sJets between Totsl fundi al.3 l.q Nlarch I Inrdstntted Fund. Restrict¢d Funds 2024 Curreni 414NcI8 l.-urrcnt lidbiliiie 18.7U3 11.4021 111.7Q.I (1.402) 46.228 {79nl 45.438 Page 13