REGISTERED COIMPANY NUMBER: 04728421 (England and Wales) RF.GISTF.RF.D CHARITY Nuf*1BER'. I In7631 REPORT OF THF. TRUSTEES.4Tr4D FINANCIAL STATEII IEN'TS FOR THE I'EAR F.INDED 31STJULY 2024 FOR CP LF.ARNING TRLST A COMPANI Y LIIIITED BI. GLARAf*TEE CP LF.ARNlI%C- TRb%T A COMPAPi)' LINIITF.D BI, C.UARANI TEE CONTF.I%'TS OF THF. FIN.ANCIAL ST.4TF.MF.1STS FOR THE I'E.4R E%1 DED 31ST JLLI. ?0?5 Reference and adminisiraiive deiails of ihe chariry.. lis tnJMee5 and advisers Twsie¢s' Annual Report Independeni E¥arniner s RewTrrt Statement of Financial Aciivities Balance Shc¢i Notes lo the Ftnan¢ial Siatements 10- li Deiailed Sthiemenl of Financial Aciiviltes 14 CP LF.AR%I INI G TRUST A COMPAN), LIIIITED BI, GUARANTF.F. REFERENCE AND ADIMIYI ISTRATIVE DF.TAILS OF THF. COMPANY. ITSTRUSTEES AND ADVISF.RS FOR THE YEAR EI%DF.D 31ST JL"LY 9024 Trustees T Jordan R Brown S Moore (Chairnian) (Resigned 14 JanuaTh ?0?51 P McGre"or J ￿..right Registered Compan!. number 047!85?I (England and Wales) Regis¢tred Chariti. nurnber 107631 Rcgi5ter¢d ts￿let Allia Fuiure Business Centr¢. Peierborouoh United FIK)tball Club. London Road. Peierborough. Eftuland PE? 8AN' Independent examiner HenT)' Ta¢¢oni (FCA) 3?a East Street Si. Ives Cambridgeshire PE?7 5PD Banker5 Llo)'d5 TSB Bank Plc. Minister Place. Elv. Canibridueshire CB7 JEN CP LF.ARNI l%1 (- TRU%T A COMPANI, Llll IITF.D BY GUARAIN'TEE TRUSTF.F.S'N ILIAL RF.PnRT FOR THE I'EAR ENDED31STJULI' 2025 The Irusices i%'ho are a150 dir¢ctors of the charit%. for the purposes of ihe Companies Aci ?006, pre5¢nt th¢ir report iviih the financial statements of ihe chariiN for ihc l'ear ended i Isi Jul!. ?075. The IrusÈee% hai'e adopied ihe provisions of A¢counting atld Reportinu b!. Charities-. Siaiemeni of Recommcndcd Prdclice applicable to chariiies preparing iheir accoun¢5 in accordance iviih the Financial Reportin Standard applicable in Ihe UK and Republic of Ireland IFRS 10? {effcciive l January ?019}. 0￿ECTIVEs AND ACTIVITIES Policie5 and Objectives The objcclives of th¢ Charity are io promote and develop ihe provision of lifelong lcarninu for ihe general public. especiallv in Cambridocshire and includin¢y Pctcrborouuh. The irusiees hai'e gii'en du¢ consideration 10 ihe Charil Commission s published auidancc on th¢ Public Benefil requiremeni under Ihe Chariiies Aci ?0 I l and consider ihai ilie main aciiviiies undcnaken b). Ihe chariE)' defines ihe charit%. a5 a public benefii eniiTh' under FRS 10? Visio 'rhc visioll for CP l.earninu Trusi is for even'one io have the opporninits. to improve iheir life Ihrough leaming. This Vlsion 15 SUPPOrted by the folloM'ing mission siaiemeni.. 'To provide creative and in5Pbrino leaming op￿rtUnitIes. enabling individua15 and communiiies io fulfil iheir potenrial" Kei. Goals To mainiain our communiry._led approach. creaiino opportunities 10 encourage panicipation in leaminu activate communit}. volunteering and supponing indii'idua15 to dei'clop iheir omn life chancis. To maintain our rdnge of accessible and diverse communiTh..based learninti opportuniiies. in a high qualiN' and 5at¢ ¢nvironment. To aciiyel), se¢K innovatÉv¢ Ii'ays to develop. ￿'Iden and improve our ser%'i¢cs and partnership M'orking. Stra¢egit themes Innovation and developmeni Communication Management and qualil). Finance b. Strat¢gi¢s for Achiei'ing Objectii'es As deiailed above. ¢he main PUTP05e ofthe Trust is io promoie lifelong l¢arnin:. The aclivities undertaken forihis purpose include a variets. of i¥orkshop5. courses and life enhancing acii% iiies pronioiinq communit> cohesion. persoiial developmeni and clearlv demonsirJiing lh¢ rnanN'. dii'etse benefits ofre•engaLiing ii'iih learnin Publie Benefit Within thc li'ider local communii).. Ihe Charip. organises and delivers fundraisin￿ ei'enis and acii%'iiies. 1.he trnsiee5 have Liiven due considerdiion io ihe Chariii, Commission s p￿b]iShed guidance on Ihe Public Bencfti requirenient under the Charities Act ?01 l. ACHIEVEMENTS AND PERFORMANCE Review of actii'ities July ?0?5 marked the cnd of another challen￿ing l'ear for ihe Trust due to the coniinued impaci of Ihe Covid 19 pandLmic Ihe addiiional impaci of Ihe cosi_of-livinu crisis and siunificani uncenainii. in ihe Charits. 5ectoi. Our dcliv¢Th' conliiiued throughout. and 14"e adapied our Ineihods lo ensure ihe safei!" olour parti¢ipanis and statTremainin? sir¢an)lin¢d and LIÉTjIe. Venues ivcre 51111 adjustints io no resiriciioDson number5 and participants M'erc r¢luciatki io re-enc?aue ￿ iih loiv confidcncc. in ?0)5 %I'e Saw an incrcased number of panicipants M'iih mole complex nee(ts and suppon requirements as lie Inovcd into ?0?6. The Tnkst sali. the fir51 full l'ear of ihe ne￿. CEO in posL this signified a period of iransilion. The nei¥ CEO li.as siill on redu¢¢d hours as a period of siabilisaiion look place. but delI￿Lry. M'as noi dismpied durinir this peTioIJ. The neil L LO lias been focusing on impro%'ing and stabili5ing Goi'emance as Ihe Trusiees ￿.came embedde(i bringin? iheir. increased skill5. knoivledue and experience io ihe Board. A fo¢us on ideniifi ints oiher inconle sir¢aiMs to impro¥'e ihe resilience ol- thc chariry. in a shiftints fundints land￿ape coniinued and ihc Joil'ih of ihe CEOS hours 10 allo1% for moven)ent Iroin survival rowards ihrivin(t Dav¢ Christian lonts standing De%'elopTn¢nt Illorkei (or CPL T look earli. reiir¢rneni at ihe end of•0? and ii'c sianed o rccruitm¢nt campaion for Trusted Tuiors and a Supwrt and Finance onicer. We colliintsed io focus on ihe Well￿l￿g of our participanis as Thell as thcir skills developmeni and our Developineni Workers kept in regular contaei io offer SUPFM)rt. proi'idod a¢cess io onooing aciiviiies and inforniaiion on i4.ider suppori offers and ihe cosi-of-living cri515. The extellded National Loiierv Heriiage Fund of ihe Fenland Orchards Projcci for a further i l'ear% sail. dclii'¢rK conlinue al pace. The iniiial l-%'car r¢vi¢ii' of the Landsca￿ and Skills bl. lh¢ ¢xiernal cl'aluaiion ieain il'as very. p05ilive. Mi anv of the projecis were delivered in some of ihe rn05t deprii'ed i%ards in th¢ UK. i%"iih the oKernll objeciii'c of irnprovinii Ihe life ch<1nee% of adults. boih S￿la11!. and economicall!.. Iherebi. impariinu on Iheirii"ellbeinL. Ihai ofihcir fainilies and ihe communiiies ii'here Ihei. lil'¢. Ille 5adl!' suffered a break in ai ihe Orchard over ihe Chrisimas holiddi, Ilidl resulted in equipment being siolen. As a risuli of ihis and the ITV neM's covernoe i¥e had an ouipouring of support from the loc1￿7 busines5¢s and communilv deiailed belo￿.. The Trusi coniinucs 10 ii'ork. closel). with eiisiin? fornal strdieoic and communiTh' learnin(r and skills pannersliips io ¢nsure 3 coniribuiion is made 10 local policN' and 5trnieoi developm¢nt. The Trust's CEO conrinll¢s to be involved in Iiigh l¢v¢l siraiebTiC ITroups in boih Cambrido¢shire and PeteriK)rou4h. CollaboraEino ii.iih other local pamors a crucidl pan of CP learning Trust-s iTra)' of M'orking. Serviees suecessfulli. d¢li%¢r¢d to Juli. 202$ 1￿clude. Nalional Lotten. Heritage Fund: 'Fenlgnd Orehards Proj¢cl. Landscapes 2nd Skills. Thi5 project is designed 10 highlighi the rich hertia(pe and hision. of 0￿hardS to ihe Fenland area. Loeal residenis are encouragcd to learn heriiage craiis and panicÈpaie in ifdditional CLlebraiiops conntried io ihe orchard s'ear e.g. II'2s%ailin Blossoin Day. and Appl¢ Da).. Volunteers have suptKM¢d to de5Lun. plani and dei'clop a Comm￿￿11%. orchard in Il'isbech usinu heriiaue n)oistock. re-ln1T￿U¢lng local produce io ihe a￿3. developints li ildlife. and eTr¢ourd uints susiainability.. The firsi l'ear of lh¢ Landscapes and Skills proj¢¢i i%'a5 successfull% compleid. Is'ith ivork. iaking plac¢ on the Commemordiii'e Garden. Fen Gard¢n. alloimenis and more. The conlinuation fundin? secuTed lakes the projeci ihroiigh to Mar¢h ?0?7. The sile is becoming a mosaic of mini landscapes ihai iell ihc sior¥ of hoii" Fenlands hake been used. Communitv Learninu Trust for Cili. College Ptierborough: 'Time Togeiher- Exploring reducc/reustlrecielclrep#ir' The aim of Communit!. Leamino is to dei'elop confidence. skills and resilience io pronress participanis ioifvard% oth¢r learning. formal l¢arnin %'olunieerinii or emploi'meni. To impro%'e healih and M'ellb¢ine and to dei'elop sironger communities ihroy i%'orkinip ioueiher makirbg and sir¢n4ythenin%J conneciions ii'iih oiliers. We successfulls, deliv¢r¢d this series of iasiers and i%ork'shop blocks in i'arious communÉii' locations in and around Peierborou¥h 10 J8 Icamcrs includin delivery. in ihe Hindu iemple. All of ihe classes involl'ed uiilisin&i small or scrap pieces of fabric and lh¢ ¢uurse was delivered by our Developmeni Worker Dave Chrimian and a ne￿1) recnjiied irusied iuior tkbbie Gair. Clarion Futures: Clarion Green Grant This funding allowed us to invest in facilities on the Orchard site and ereci a p)l)' iunnel. u'iih planiing iables. rdised bed.s. large d¢cking area. ground matting making ih¢ ¢an barn more usable and the footpath enlrance%i"a!'. Iviih Ihe aim 10 enu' is C P l.earning TTUSI. ii'iih re jsiered compallN number 047)85? l and regislcr¢d Chari nllmber 1107631. The reuisiered and principal officc address is at Allia Future Business Canire. PeicrboTough Unii¢d rootball Club, London Road. Peierborough. England. Pk? 8ANt. Tlie Trusl's noverninij documents are in Ihe fom) of Articlcs of Associaiion and Imemornndum of Association. The docyni¢nis confirtn thai the TTU51 lias con5tiluted as shoii'n alx)i'c. A minimum of ihrte trustce5 is nece%5an. for the Board of Manageineni. iliih no upp¢r figure. a5 anreed b). the Board. Trusiees are reiired bi. roiaiion. lotLoe5t scrvinu fir5( and individuals Inal, be reappoirsied ihrough due pr(Kess and w'ith ihe aJeemeni ofihe Board of Management. The Board of Trustees is responsible for corporaie L?oi'ernan¢e. settjn the business sirdieo! and o%'crsceino th¢ developineni and implemenlation of policies and procedures. The da). io da!, running of the I rust is Ihe resp)Iisibilin' of Ihe Chief E¥ecuiiv¢ OtTiccr. Through a procedure for risk managemenL ihe Trustees regularl!. moniior and revie￿ poieniial risks al Board meetinsws and. ii'here appropriaie. lak'e miiigaiing aciion. A procedur¢ for ihe manaoemeni of finances is deali ii'iih sin)ilarl}'. Th¢ compan>. was incorpordied on 9ih April ?00) and commenced tradino on ihai dale. The principal objeci of Ihe compan%. is io educate the k￿al communil!.. The managremeni of the companj. is ihe responsibiliTh' of the Trusiee5 who are elecied and co-OPTed under the term5 0((he Trust deed. PLANS FOR FUTURE PERIODS Future dei'¢lopmenlS A5 indicaied abol'e, Ihe Trnsi is managing the still unknoivn challenges ihai la% ahcad du¢ io ihe Covtd 19 pandemic. Il'l are confideni ihai i%¢ i%ill manage these. adapiino a5 necc5san' and i%iihoui losin￿ OUT focuq on acces%ible ILaming glid Ihe building ofcominuniiie5. The Trust Is slill planning for grO￿lh and our Strdtcoic Plan is noii. M'ell tysiablishcd ii'iih aciiviiics commenced to addre55 the follo￿.7n(l siraie2ic ihemes. CP Learnin? Trnsi 14.ill coniinuc lo d¢v¢lop and deliver innovative models of Icarning to m¢et the ideniified needs of our tariTel individuals and communiiiis CP Learning Trusi i4.ill build and rnainiain an e(feciive and wjsiiive high profile CP Learnin¥? Trust ￿111 sirii'e 10 coniinuousli, improve in all aspecis of ils opcrJiions CP Learning Trust M'ill ¥row and maintain a strong financial base Evidence link5 Ihose disadvanianed bv iheir educational and emplol'meni siatus i%'ith manN" trails of poi'em, as ii'ell as lo1￿ levels of healih and %%'¢llbein" El idence also e.KFSlS. hoi%"e%'er. 10 dcjnonsiraie the slroncp links beii4.een pani¢ipalior* in learning and improved healih and social-cconomic Mellbeinl) li is based on Ihis ei'tdeiice thai ihe Charil! plan% for Ilic fuiure. Page 5 Trustees, Responsibiliti¢s Stslernent The trnsiees li%ho are also directors of CP Leamine TTUSI for ih¢ purposes of compan!. laii'l are responsible for preparing the Trustees Annual Report and Ihe financial siaiemenis in accordance ii'irh applicablc laii. and Uniied Kinitdoin Accountinn Standard5 (United Kintdom Acceoed Accouniin? Praciiccl. Company la￿. requires ihe Imsi¢¢s to Prepa￿ financial siatement5 for each financial lear. i1.hich ii'ill give a ITUC and fair vieii. ol. the state of the affairs of ihe charitable compan% and of Ihe inconiino resources and application ol. rL'sources. including Ihe income and ¢xp¢nditure. ofihe charitable companv for ihai witxl. In preparing ihese financial 5talellieTrtS. Ihe iru%iees are required io= select suitable accounlinu policies and then appl!. them consisienil!,: obgr%¢ ihe Ineihods and principle5 in the Charities SORP ?019 IFRS 10?}- make judgeinenis and esiimai¢s ihai are reasonable attd prudent: siaie i4.heiher appliLable UK Accouniinb Siandards hai'e been folloi%"ed. Subject 10 ani. maierial dcpartur¢5 disclosed and explained in IhL financial slalemeni5: prepare ihe financial siaiemenis on ih¢ going ¢on¢em basis unless li is inappropriaie to presume that the charil!. 'ill continue in operdiion The irnsiees are responsible for Keeping adequaie accounitnii records thai disclose ii'iih reasonable accvraci. at an!. time ¢h¢ fjnaneial position of the charitable compani. and enable ¢hem io ¢nsur¢ ihai Ihe financial siatenienis compli, ii'iili Ili¢ Companies Act 7006. Thth. are alw responsible for safegJuardip¥? Ihe asscis of Ihc charitable compan!. and hence for iakiiig reasonabl¢ 51¢P5 for the prevention and deieciion ol frdud and oiher irrciiulariiics. Thi5 r¢port has been prepared in accordance uiih ihe S￿la] provision5 of Part l i ofthe Companies Aci ?006 relaiing 10 Small companies. Approved b). order of the board of trust¢¢s OD ?Ihh April ?0?6 and signed on behalf bJ'= T Jordan- Trustee INDEPEINDEN'T EXAMIINER'S RF.PORT TO THE TRUSTEF.S OF CP LF.AR%I%C: TRUST A COMPAN'I Llll IITF.D BY GliAR.4NTEE Independent examiner's report lo the trustees of CP Learning Trust ('the Cornpani ) I report io the charits, Irusrees on my examination of ihe accounis ot ihe Compan%. for ihc l'ear ended i 1st JUIN. ?O?S ii'hich are Sei out on paues 7 to 12. Responsibililies and basÉs of report As Ilic ¢harit! s irusiees Ot the Cotnpanj. (and also its directors for ihe PUT￿se5 of compan), laivl }'ou are responsible for Ihe preparation of the accounts in accordance Ii'iih the requirements olihe Companies Aci ?0061'ihe ?006 Act.). Having salisfied tnj'self that the accounts of the Compan!. are noi required io be audiied undcr Part 16 of the ?006 Acl anil ar¢ eligible for independeni exaininalion. I report in respect of m!" examinaiion of i.our Charir) s accounis a5 carried oui under secLion 14) of the Charitie5 Aci ?01 I I'ihe ?01 I Aci'i. In ¢am"ing oui m% examination I hal'e folloii'cd Ilie Directions given b). Ihc Charitv Coinmission undcr section 14ili) Ib) ofthe ?01 l Aci. Independent examiner's statement I have completed m). e.Kamination. I confirn) Ihai no mailers have come to rn), attention in connection u'iih Ihe ¢.xaininatioTr givinb7 me tause to believe- accoun11n￿l recoTds Ii'crc noi kcpl r¢specl of the Compan). as required bj seciion i86 of the 7006 Act- or the accollnis do noi accord ￿lIh ihose records: or the accounts do not cotnpl>' li ith ihe atcouniiniT requirements of seciion i96 of the ?006 Aci other than an%. requirement that lh¢ accounls give a true and fair viem" ii.hich is noi a mailer considered as part oran ind¢pendcnt ¢iamination' or ¢he accounts have noi been prepared in accordance i&iih Ihe meih(Kls and principles of ihe Siatemeni of R¢cotlllliLnded Prdclice for aceouniinc¥ and reponinL) bi" charities lapplicable 10 charities preparinL Iheir accounis in ac¢ordance M iih ihL Financial Reportini¥ Siandard applicable in IhL UK and Republic of Iieland IFRS 10?)]. I have no concerns and have come acros5 no Olhcr matt¢rs in conneciion ii.iih ihe eiaminaiion to i￿h1Ch altetllion should be drali'n in ihis r¢port in order to enable a proper undersianding of ihe a¢¢ounts io be reached. Henry Tacconi {FCA) Tacconi Green and Co. j?a E45t Str¢ei Si. Iv¢s Cambs PE?7 5PD Dale= 4- Page 7 CP LEARNIING TRUST A COMPAIYI. LIN11TF.D BY C.UARANTEE DET.41LED STATEIMEINT OF FINAN'CIAL ACTIVITIES FOR THE I'EAR F.INDF.D 31STJLLY 702 2024 Unrestricted Reslricted Funds Total Tnt#l Fund5 Funds INCOME FROM DonatlOll5 and l¢oa¢i¢s ?0.484 l i4.436 1 ?9.960 Total ?0.484 I l j.9$? 134.436 1 ?9.960 EXPENDITURF. ON Charitable activities 118.91?) 188.5161 (107.4?8} ( l i9.?791 NF.T INCOMEIIEXPEYI DITURE) ?.).4 j6 97.008 19.i191 REcof4ciLIATION OF FUYI DS Toial funds brouohi forward 968 l i.44) 14.413 TOTAL FUNDS CARRIED FORWARD 41.4?] 14.413 The noies fomi part ofihe financial siaiementS Pagc 8 CP LEARN]￿'G TRUST A COIMPANI. LlI%llTED BI. GUARANTEE BALAIYCE SHEET AS AT JIST JULY 20?4 Unresiricted Re5tricttd Total Total Funds Funds 2024 Note FIXED ASSETS I'an,,'ble ￿setS CIIRRF.NT ASSF.TS Debiors 18.881 18.881 Q14 Ctt5h at bank & in hand Tot81 Current Asse¢5 ? j.7)6 41.04? 64.778 CREDITORS Amounts lallin¥ due ivithin one )ear {?1.196) 1? 161) 1?3.3571 {48.-$641 NET CURREIYT ASSETS 38.881 14.41) NET ASSETS i8.881 41.411 14.413 FUNDS UnTestricted funds Restricted funds ?.)40 968 38.881 i8.881 li.4JS TOTAL i8.881 The chariiable compan!, is eniiiled io exempiion from audii under Seciion 477 ofihL Companies Ac¢ ?(M)6 for th¢ vear elided 31.%1 Juls. ?075. ?O?S in The ineinber5 have not required ihe compani. lo obiain an audii of its financial 5taiements for the >'ear ended 31 si Jul>'_ a¢¢ordan¢e iviih S¢¢¢ion 476 of lh¢ CoEnpani¢s Ad ?006. The irusiees acknoi%'led(Tre iheir responsibiliiies for al ensuring (hat the charitable compan%. kttps accouniino record5 that COTnph' ii'ith S¢¢iion5 i86 and i87 ofihe Coinpanies Aci ?006 and bl PTepaTing financial ￿aleMen15 ilhich oive a irue and fair ￿le1%. of ihe siaie of atTairs of ihe charitable compani. 01 Ihc ¢nd of eath financial )'Lar and ori15 5urplu5 or dcfictt for cach financial l'ear in accordaTkce iiith ihe reqLiiremeni% ofscciion% 394 ThesL financial 51atcrnenis have been prepwed in accordance i%'iih lh¢ provisions applicabl¢ to charitable con)panies 5ubjeti 10 the srnall companies regimc. The financial siateinenis i%ere approved bl ihe Board of Trusiees on ?9ih April ?0?6 and ii.ere siened on lis behalf bl,: T Jordan-Trusiee Page 9 CP LF.ARNI INC. TRLST A COMPAINI, LIIIITFD BI. C-L.4RA%TEE NOTF.S TOTHF. FIP*Af*CIAL STATF.MF.NTS FOR THE YEAR F.NDF.D 31ST.11,'LY 20?4 ACCOUNTING POLICIES B8sis of preparing the financial 5tattmtnts The linancial %iaicm¢nis of ihe charitable compan!". Ilhich is a public bencfii cniiTh' under fRS I O? h<1ve been prepared in accordanc¢ ii'iih th¢ Charities SORP IFRS 10?) 'Accouniine and Reportkn. bl. Charilies.. SiaieiMLni of Recommcnded Pracric¢ applicable io charilie5 preparino iheir accounis in accordancc iih ihe Financial Reportin? Siandard applicoblc in th¢ Uk and Republic of Ireland {FRS 10?) Icfteciii'e l JanuaTh. ?019)'. Fin1￿ ncial Reporting Standard 10? 'The Financial Rcponing Standard applicable in the UK and Republic of I￿land, and th¢ Companics A¢1 ?(M)6. The financtal statements have been prepar¢d und¢r the historical tosi conveniion. Income All income is reco£Jnised in ihe Siaiemeni of Financial Activitie5 once the eharill. has eniiilcinent lo ih¢ funds. li is probable ihat ihe income ii'ill be received and ihe amount can be measured reliably. EKpenditurt Liabililies are recotrnised as expenditure as soon as ihcre 15 a leoal or eonsiruciive oblieaiion coinniil¢In￿ the harily io ihai eipendilure. il is probable Ihai a iransfer of economic benefils li ill be required in sc¢il¢ni¢iii arid lh¢ arno￿￿( of the obliLTation can be measured reliabl%'. F_Np¢ndiiure is accounted for on an accruals b&%is and ha5 been classified under headings Ihai a£grecyaTe all relaied io ihe caiegor).. Where c05ls cannot be direcil}' attribuied to particular headings ihei have been allooaied Èo aclivilies on a basis consisi¢ni ii.iih the use of rcsources. T3¥alion l-h¢ charl￿, És eyempi from corporation ￿ on chariiable aclivities. Fund accounting Unresiricied funds Can be used in accordance m.iih ihe chariiable objeciives ai ihe discreiion ofihe Irusi¢¥S. Resiricied funds ¢an onl!. be used for particular resiricied purpos¢5 li iihin ihe objecis of the chariiv. RLsiriciion5 arisL iihen specified bi. Ihe donor or i%h¢n funds are raised for panicular resiricied purp05e5. Further eNplaTTralion of ihe naiure and purpose of each fund is in¢lud¢d in ihe noies io ihe financial stat¢nients. TRUSTF.ES' REMUNERATION ATriD BEINEFITS There i%Lre no trustees. remuneration or other benefiis for the l'ear endcd i l st Aucyusi 10?5 nor for ilie l'ear endcd i I si Augusi ?0?4. Trustees, e¥penses There ii'ere no irusiees. eipenses paid for ihe l'ear ¢nded i 1st Jul!. ?0?5 nor for Ihe l'ear onded ilsi Jul%. ?0?4. STAFF COSTS The averdge m(M)ihlv number of cmplo)'e¢s durin" th¢ l'ear was as follom's: ?o?s Project team Management and administratio No employtts rffeived emoluments elcess of £60.WO. Page 10 CP LF.ARP*l)f. TRLST A COMP.4IN)- LIIIITF.D Bl. CpllARANTF.E NOTF.S Tn THF. Flli.4fs'CI.4L ST.4TF.MF.Tr4TS- CONTINUED FOR THE YE.4R F.I%DFD31STJULY 20?4 COMPARATIVES FOR THE STATEMENT OF FI￿,ANCIAL AcfiviTIE% Unrestricied fund Restricted fund Toial funds INCOME AIYD EYI DOII'MENTS FROM Doiiaiions and legacie5 1?9.499 179.960 Toial 461 1 ?9.499 EXPEINDITURF. ON ChLlriiable aciii ili¢S 841 li9.195) l j9.?791 NET INCOMEI{EXPENDITURE) i77 19.696) (9.i191 RECONCILIATIOIY OF FUNDS Total fund5 brought fornard 591 ?j.141 TOTAL FUNDS CARRIED FORWARD 968 li.445 14.41i TANGIBLE FIXED ASSETS 'ixlurLS &. Fitting5 COST At 1st Auuust ?0?4 Addition5 97,471 Ai 3 1st JulN' ?0?5 ?7.471 DF.PRECIATIONI' Ai l %1 August ?0?4 Charge for lear 17.471 Ai i I si JUIN ?0? j ?7.471 NET BOOK VALUE At i15t Juli, ?0?5 At )151 Juli. ?0?4 Pagell CP LF.AR%I 1Tr4G TRI,'ST A COMPAYY LlI%llTF.D BI. GI;'ARANTF.E NOTES TO THF. FINANCIAL STATF.MF.N'TS- CONTINI UED FOR THF. YE.4R FN'DF.D 31ST JULI, ?02 DEBTORS: AMOUNTS FALLING DUF. WITHIN ONE YEAR ?0?5 Grdnts recehvable Prepavmetlts 17.91$ 966 914 18.881 914 CREDITORS: AMOUNTS FALLING DUE IVITHIYI OYE YEAR 0?5 Trade crediiors Grants received in advance Social securiiv and oiher ￿Ke$ Other creditors Accrued e.Kpenses ?1.196 44.374 ? j7 91 3.86? 60 1.978 48.564 MOVEMENT IN FUNDS Nei moi'cmcnt in funds Ai 1.8.74 Ai i1.7.?5 Unreslrieted funds 968 1.57? Restricted funds 13.445 ?5.4j6 i8.881 TOTAL FUNDS 14.413 ?7.008 Net movement in funds. included in the above are as follows.. Incoming resources Resourccs expended Movemeni in funds Unrestricted funds ?0.484 118.91?) Restricted funds I l j.957 (88.516) 75.4 j6 TOTAL FUNDS 134.436 107.4?8) Page l? CP LF..4RNINC. TRIIST A COMI PANI. LlIlllTF.D B). C.LTARAINTEE NOTESTO THE FIY.4%'CIAL STATF.MF.NTS- CONTif4UF,D FOR THF. YF..4R F.NDF.D 315T.ILILY ?024 10VF.MENI T IN FUNDS- continued Nel movemeni in funds Comparaiives for moi'ement in funds At 1.8.?3 Ai )1.7.?4 Unrestricied Funds 591 377 968 Restrieted funds ?j.141 (9.696) 13.445 TOTAL FUNDS 9.3191 14,41) ComparatiN'¢ net movemeni in funds. included in ihe aboi'e are as folloi¥s= Incoming resources ResourcLS e_xp¢nded Moi'emeni in funds Unr¢slricted funds 461 1841 377 Restricted funds 1 ?9.499 (1)9.1951 {9.6961 TOTAL FUP*DS (li9?79) g.i191 A ¢urrent year 12 months and prior l'ear l? monihs cornbined position is as folloivs.. Nei movement in lund5 Ai 1.893 At 31.7.?5 Unreslrictcd funds 591 1.949 ?.540 Reslricted funds 73.141 15.740 i8.881 TOTAL FUNDS 17.689 A CU￿¢nI year l? Tnonth5 and prior l'ear l? monihs combined nei mo&cment in funds. in¢luded in the above are as fg1101*'5'. Incgmin47 resources Rcsourccs expended Movemeni in funds Unrtstrietcd funds (18.996) 1.949 Restricted funds 743.451 {??7.111) 15.740 TOTAL FUN'DS 64.396 ?46.707) 17.689 Page li CP LEARINlTr*C. TRU.ST A COMPANI, LIMITF.D BI, GUARAP*'TEF. DETAILED STATEMEf*TOF FIN.4IN'CIAL.4cfiviTIES FOR THF Tr'F.AR F.INDF.D 31ST JI'I.}' 7025 Unresiricied Resirici¢d Fund Toial ToiJl Fund INCOME FROM Donation5 and legacies National Loiter¥. Heriiau¢ Fund CID College Peierborough Cambridgc CoiniMuniTh' Foundarion Clarion FuThdin 99, jfis 17.1)00 9.?79 1 ?.758 i.000 1?.7$8 19.i74 19.i74 756 ?0 Tii'enti. Production Pcoplc's Poslcode Lotten, DoThali0IIS Other income 7>6 18.804 741 18.S04 1.000 j47 j4? ?09 Total incoming resources l j.9)? l i4.4i6 179.960 EXPENDITURE Charitable eApens¢s age.% and sub-coniracl Reni and raies Insurantc $1.9)7 884 51.947 884 49.6?? 184 1.661 1.616 Siibscripiions Tclcphone Posiagc. siaiioncr%' and advenising StalTand IraNel cos15 779 779 1.1?8 994 j8? 45n Cour_%e deliv¢r)' cosis Fenland Orchard Project costs Compuler c051s Accounianc 18.61) 9.?48 18.61) 18.8(H 1.168 Sundr). e￿￿nSeS Blink charges Depreciation 74 74 84 Total resources expended 118.91?) 188.i161 {107.4781 (139.7791 Nct incomellcxpcndilure) ?i.4j6 ?7.008 19..1191 This page does noi fomi pan of Ihe siaiuion. financial siaiemenis Pag¢ IJ