I Illd
Essential Needs
Report and Accounts
Year Ended 31 March 2025
Company Number: 05312941
Charity Registration Number: 1108046

Essential Needs
Report and Accounts
Year Ended 31 March 2025
CONTENTS
Page
Contents Table
Charity Information
2to3
Trustees, Annual Report
4t06
Statement of Trustees, Responsibilities
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
io
Notes to the Financial Statements
Ilto19
Page l of 19

Essential Needs - Trustees Re
ort for the
ear ended 31 March 2025
CHARITY INFORMATION
Company Name:
Essential Needs
Company Registration No:
05312941
Charity Number:
1108046
Legal Strurture and governing document of the Charity
Essential Needs was constituted as a company limited by guarantee on 14 December 2004. It was registered as a
charity on 11 February 2005.
The Trustees are directors under Companies legislation and are also Trustees under Charities legislation and have
responsibilities, as such, under both company law and charity law.
The Trustees are all individuals.
The provisions regulating the purpose and administration of the Charity are contained in the Memorandum and
Articles of Association which las amended August 2008) are filed with the registrar of companies for England and
Wales.
The principal operating address. telephone number and email address of the Charity are:
Address:
Back Gladstone Street
Harrogate
HG2 8DF
Telephone
01423 87(K)40
Email
manager.essentialneeds@gmail.com
Details of the Independent Examiner
Mike Briggs
Lithgow Perkins LLP
Crown Chambers
Princes Street
Harrogate HGI INJ
Bankers
Leeds Building Society
Holbeck House
105 Albion street
Leeds
LSI SAS
Co-operative Bank plc
POBoxlOI
l Balloon Street
Manchester
Page 2 of 19

Essential Needs - Trustees Re
ort for the
ear ended 31 March 2025
continued
The Trustees in office on the date the report was approved were:
Joy Allan
Anthony Campbell
Susan Donnelly
John Ennis
Lucy Hind
Peter Rogers
Adrian Holey
Francis McAllister
The Trustees who served as a director in the reporting period. and if applicable. their dates of appointment or
resignation during the year. were:
Name
Appointed
Resigned /Retired
Joy Allan
Anthony Campbell
Susan Donnelly
John Ennis
Lucy Hind
Christine Norton
Peter Rogers
Adrian Holev
Francis McAllister
Retired 2310912024
2310912024
Trustees are appointed to office by resolution of the members of the Charity in a general meeting. The trustees
may appoint a new trustee but that person must retire at the next annual general meeting. No other person or
external body is entitled to appoint new trustees. Recruitment of new trustees is by the existing trustees.
One third of the Trustees lor the number nearest to one third) retire each year. Susan Donnelly, John Ennis and
Lucy Hind will retire at the AGM.
All the Trustees are members of the Charity.
Page 3 of 19

Essential Needs - Trustees re
ort for the
ear ended 31 March 2025
continued
TRUSTEES, ANNUAL REPORT
A- OBJECTS AND AcfiviTIES OF THE CHARITY
The Charity has the following objettives:
To relieve either generally or individually persons resident in Harrogate and the surrounding area who are
in conditions of need, hardship or distress by the provision of furniture and other household accessories calculated
to reduce the need, hardship or distress of such persons.
To protect and preSe￿e the environment for the benefit of the public, including (without limitation), the
re-use and recycling of goods and their component parts and materials as a means of waste reduttion.
B- SUMMARY OF MAIN ACTIVITIES OF THE CHARITY IN RELATION TO ITS OBJEcrs
The Charity offers its beneficiaries the chance to turn their house into a home, by the provision of as wide a choice
of furniture and household goods as is possible. all items being available at low cost. The Charity is staffed by full
and part-time employees, assisted by volunteers to collert. sort and deliver the household goods, and to help with
office administration.
C- THE MAIN AcfiviTIES UNDERTAKEN DURING THE YEAR TO FURTHER THE CHARttY'S PURPOSE FOR PUBLIC
BENEFIT
In accordance with S17151 of the Charities Act 2011. the Trustees refer to the guidance contained in the Charity
Commission's general guidance on public benefit in planning future activities. In particular. the Trustees consider
how planned attivities will contribute to the objectives of the Charity.
D- THE CONTRIBUTION OF VOLUNTEERS DURING THE YEAR
The Charity currently has a governing board of 8 Trustees, 2 of whom also volunteer to assist with operational
aspects.
A total of 20 volunteers have assisted with the running of the Charity on a regular basis, both in administration and
collection/delivery work. The office work involved the organisation of collections and deliveries. the registration of
new clients, stock control and the sale of furniture. Collection and delivery work involved the viewing and collection
of household goods, predominantly furniture and white goods, collection of those goods from donors, and
delivering items to clients. In addition, volunteers help with the PAT testing of electrical goods. They contributed
nearly 3,000 hours of unpaid work.
E- THE MAIN ACHIEVEMENTS AND PERFORMANCE OF THE CHARITY DURING THE YEAR
The Charity supported 683 registered customers during the year. not only with the regular in store low prices, but
by saving them an extra £37,038 due to the 35% discount for which they qualify. Over £14,000 worth of goods was
donated free of charge to seriously deprived persons, e.g. homeless, refugees, etc, by way either of matching
funding from a partner organisation or a direct donation. Afurther £13.rJ)O was donated by way of free deliveries.
It should therefore be noted that had all items of furniture been sold at either full price or at the general 350A
discount, and had there been no free deliveries, the total turnover, inclusive of Gift Aid, would have been over
£250,000
Page 4 of 19

Essential Needs - Trustees re
ort for the
ear ended 31 March 2025
continued
Almost 10,500 household items and over 800 electrical items were sold in the period, as a result of which
approximately 149 tonnes of furniture items were diverted from landfill or incineration. plus 12.5 tonnes of
electrical goods.
The Charity supports other charities within it5 operating area which provide specific parts of the community with
particular housing needs. We do this by prioritising the supply of items to them on preferential terms and at times
operate a 'matched funding, programme so that those most in need receive extra value. Some of these
organisations also put forward persons who qualify for the extra 50% discount reserved for those in the most
extenuating circumstances.
F- THE DIFFERENCE THE CHARITY'S PERFORMANCE HAS MADE TO ITS BENEFICIARIES AND TO WIDER SOCIETY
The Charity benefits the public in the following ways.
Clients who receive low-cost goods from the Charity are helped to improve their lives, independence. their health
and wellbeing. These benefits result in a reduction in their needs being met from public resources.
Donors of goods to the Charity are contributing to reducing what would otherwise become waste and helping the
public authorities to meet recycling targets. Reuse of items conserves energy. reduces air and water pollution,
reduces greenhouse gases, and conserves natural resources. It also reduces the need for extratting. refining and
processing raw materials.
The Charity could not operate without the volunteers, who all make their personal contributions which are valued
by the local community and wider society.
G - FINANCIAL REVIEW
Financial Position on 31 March 2025
The financial position of the Charity on 31 March 2025 and the comparatives for the prior year were as follows..
2025
2024
Unrestricted Revenue funds available for
General purposes of the Charity, excluding Designated Funds
109,819
85,911
Liquid reserves {excluding fixed assets
acquired for the delivery of the Charity's aims)
108,114
83,604
Financial Performance for the year to 31 March 2025
The sales performance of the Charity shows a slight down turn on the increases of recent years. However, as
stated above, had the Charity been paid in full for the items and deliveries donated free of charge or sold with the
extra discount, the turnover would be showing as very healthy. Total income including donations, grants and
£22,460 of Gift Aid was £235.309, with total expenditure of £235.104 leaving a small surplus of £205. As £49,000
was designated at 31" March 2024 for particular projects. this was to be expected.
Page 5 of 19

Essential Needs - Trustees re
ort for the
ear ended 31 March 2025
continued
The Charity's budget for the yearto 31" March 2026 indicates that a small deficit can be expected as we continue
to pursue our policy of making donations free of charge to those persons most in need of our support. Having
accumulated substantial reserves in recent years and with the Charity not being significantly exposed to debtors or
dependent on grant income, the Trustees consider that the ongoing trading position is secure.
Therefore, the Trustees consider that the Charity's assets are adequate to fulfil its obligations and its ability to
continue to operate as a going concern.
Specific changes in fixed assets are detailed in the Notes to the Accounts.
H- RESERVES POLICY
Following the Charity Commission guidance on risk, and as part of its management strategy, the Charity sets aside
some of its income toform a reserve against anyfutureshortfall in funds. Income from salesto fund ongoingtrading
cannot be guaranteed. and funding for major capital expenditure might need funding from reserves if grant funding
cannot be secured.
In the past the Trustees have considered that a minimum reserve of 50% of annual budgeted expenditure would
be adequate to enable the Charity to review its operation should revenue fall significantly. This would give time to
review the method of operation and/or seek alternative sources of funding, as well as to meet obligations under
the lease of the premises.
The Trustees also considered that the maximum figure to hold in reserves should be 100% of annual budgeted
expenditure, a5 this would be adequate to cover deficits over an extended period. Furthermore, plans for future
period5 will potentially entail incurring higher expenditure in advance of higher income. with a consequential deficit
in the short to medium term.
Budgeted expenditure for 2025/26 is £235,931 and on 31" March 2025 Total Unrestricted Funds excluding Fixed
Assets were £128,465, including £20.351 designated for particular projects as detailed in note 11.
Having considered this position, the trustees feel that holding between 50% and 100% of annual outgoings
remains appropriate for the year 202512026.
I - PLANS FOR THE FUTURE
The Charity is aware that there is always room for improvement and expansion of our services. and will continue
to review its operating policies, opening hours and delivery days. We shall also pursue further links with other
organisations in the sector in which we operate. Of the £49.000 designated at 31" March 2024 forspecial projects,
£20,351 remains unspent and this will be directed to four ongoing projetts: free beds for children who do not have
one of their own, an extra 50Yo discount on sales to those persons in greatest need who are referred by partner
agencies, increased administrative salary costs and the balance of the marketing fund designated in the current
year.
The Charity is grateful for all donations and will continue to apply for funding to replace equipment when required
and to support special projects.
Page 6 of 19

Essential Needs - Trustees re
ort for the
ear ended 31 March 2025
continued
STATEMENT OF TRUSTEES, RESPONSIBILrrES
The Trustees are responsible for preparing the Trustees. Annual Report and the Financial Statements in accordance
with the terms of the Companies Act 2(X)6. the Charities Act 2011 and the Charities (Accounts and Reports)
Regulations 2008. The Trustees interpret this responsibility as requiring them to prepare the accounts according to
the Charities SORP IFRS 1021.
In particular, the Companies Act 2006 and charity law require the Trustees to prepare financial statements for each
financial year and of the surplus or deficit of the Charity- In preparing those financial statements, the Trustees are
required to-
Prepare the accounts in accordance with UK Generally A(￿pted Accounting Prattice
Make judgement and estimates that are reasonable and prudent
Prepare the financial statements on the going concern basis unless it is appropriate to assume that the
Charity will not remain in business
State whether applicable accounting standards and statements of recommended practice have been
followed, subject to any material departures disclosed and explained in the financial statements.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable
accuracy at any time the financial position of the Charity and which are sufficient to show and explain the Charity's
transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and
comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets
of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
METHOD OF PREPARATION OF THE ACCOUNTS
The financial statements are set out on pages 9 to 19.
The financial statements have been prepared in accordance with the Statement of Recommended Prartice..
Accounting and Reporting by Charities Icharities SORP {FRS 102) leffective l January 201911 and with the Charities
Act 2011, and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
This report was approved by the Trustees on ......
. 2025
J. R. Allan
Joy Allan
Trustee
Page 7 of 19

INDEPENDENT EXAMINER'S REPORT to the Trustees of Essential Needs
I report to the Charity trustees on my examination of the accounts of the Company for the year ended 31 March
2025, which are set out on pages 9 to 19.
This report is made solely to the charitable companrfs trustees. as a body, in accordance with Chapter 3 of Part 16
of the Companies Att 2006 and the charitable companws trustees as a body in accordance with section 154 of the
Charities Act 2011. My independent examinerfs work has been undertaken so that I might State to the charitable
compan¢s trustees those matters l am required to state to them in an independent examiner's report and for no
other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other
than the charitable company. the charitable compan¢s members as a body and the charitable company's trustees
as a body for my independent examiner's work. for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the Charitvs trustees of the Company land also its directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006
I'the 2006 Act'l.
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006
Att and are eligible for independent examination, I report in respect of my examination of your charity's accounts
a5 carried out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have
followed the Directions given by the Charity Commission under section 145{51 Ibl of the 2011 Att.
Independent examinerf5 ststement
I have completed my examination. I confirm that no matters have come to my attention in connettion with the
examination giving me cause to believe-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2C(J6 Act other than any
requirement that the accounts give a 'true and fair view which is not a matter considered as part of an
independent examination,. or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mickagl
Mike Briggs FCA
Lithgow Perkins. Chartered Accountants
Crown Chambers. Princes Street. Harrogate HGI INJ
Page 8 of 19

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Essential Needs - BALANCE SHEET as at 31 March 2025
Company Number.. 05312941
2025
2025
2024
2024
Notes
FIXED ASSETS
Tangible Assets
1,705
2,307
CURRENT ASSETS
Stock
Debtors
Cash at Bank/ln Hand
1,140
33.006
109,373
632
24,510
116,089
143.519
141.231
LIABILITIES
Creditors falling due within One Year
io
{9.123}
17,642)
NET CURRENT ASSETS
134.396
133,589
TOTAL NET ASSETS
12
136,101
135,896
Charity Funds
Unrestricted Revenue Funds
Unrestricted Designated Funds
li
li
109,819
20.351
85,911
49.000
Unrestricted Funds
Restricted Funds
li
li
130,170
5,931
134,911
985
TOTAL CHARITY FUNDS
12
136,101
135,896
For the year ending 31 March 2025 the charitable company was entitled to exemption from audit under section
477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question
in accordance with section 476. The Trustees {who are also the directors for the purposes of company law}
acknowledge their responsibilities for complying with the requirements of the Act with respett to accounting
records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small
companies, regime and with the FR5 102 leffettive January 20191.
Approved on behalf of the Trustees by:
. 2025
Joy Allan
Trustee
Page 10 of 19

Essential Needs - NOTES to the Financial Statements for the Year ended 31 March 2025
I. ACCOUNTING POLICIES
Basis of Accounting
These financial statements have been prepared under the historical cost convention with the items recognised at
cost or transartion unless otherwise stated in the relevant notes to the accounts.
The accounts have been prepared in accordance with the Companies Act 2006 relating to small charitable
companies, the Statement of Recommended Prattice.. Accounting and reporting by Charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland IFRS 1021 effective l January 2019, and with the Charities Act 2011. There has been no change to the
accounting policies since last year. No changes have been made to the accounts for previous years.
The Charity constitutes a public benefit entity as defined by FRS 102.
Going concern
Given the position of the balance sheet and the level of liquid resources, the Trustees have identified no material
uncertainties that may cast significant doubt over the ability of the Charity to continue as a going concern.
Cash Flow Statement
Exemption has been claimed from preparing a Cash Flow Statement on the grounds that the Charity qualifies as a
small company.
Donations
Donations are included in the year in which they are receivable, which is when the Charity becomes entitled to the
resource.
Grants receivable
Grants and donations are included in the SOFA when the Charity has unconditional entitlement to the resources.
Gift Aid
Gift Aid is claimed on items donated to Essential Needs. where the donor has completed a Gift Aid declaration. Gift
Aid due is recognised in the month in which the donated item is sold.
Investment income
Income from investments is included in the SOFA in the year in which it is receivable.
Expenditure
All expenditure is accounted for gross. and when incurred. Direct charitable expenditure includes the direct costs
of the attivities and depreciation on related assets. Where such costs relate to more than one functional cost
category, they have been split on either an estimated time or floor space basis, as appropriate.
Governance costs {see Note 61 include those costs associated with meeting the constitutional and statutory
requirements of the Charity and include the independent examination fees and costs linked to the strategic
management of the Charity.
Page 11 of 19

Essential Needs - NOTES to the Financial Statements for the Year ended 31 March 2025
(continued)
I. ACCOUNTING POLICIES (continued)
Taxation
As a registered charity, Essential Needs is not liable to taxation on its investment income and gains. income and
gains arising from trading in furtherance of its charitable objectives and charitable donations. Recovery of income
tax is made on tax credits arising from receipts under deeds of covenant and gift aid payments. VAT deemed to be
irrecoverable is written off in the Statement of Financial Activities in the period to which it relates.
Recognition of liabilities
Liabilities are recognised when an obligation arises to transfer economic benefits as a result of a past event.
Tangible fixed assets
Depreciation is provided to write off the cost or valuation, less estimated residual values, of all fixed assets over
their expected useful lives. It is calculated at the following annual rates:
Leasehold Premises
Plant and Equipment
Motor Vehicles
-25% Reducing Balance
-25% straight Line
-25% Reducing Balance
Items less than £250 are not capitalised and are written off in the year of purchase.
Gifts in kind
Assets and other gifts in kind given for use by the Charity are recognised as incoming resources at their estimated
market value when receivable.
Donated Goods
The Trustees have carefully considered the practicality of, and the benefit due to the users of the accounts, from
valuing the donated goods for resale at the year end. However. due to the large number of small items, and the
considerable time it would take, as well as the difficulty in achieving a realistic valuation. it has been decided to
continue to recognise donated goods at the point of sale. In addition, the Trustees have concluded that the small
movement of the stock held between years would not add to the information presented to users of the accounts.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid after taking account of any trade discounts due.
Stock
Finished goods bought for resale to the clients are valued at the lower of cost and net realisable value.
Operating lease agreements
Rentals payable under operating leases are charged in the profit and loss account on a straight-line basis over the
period of the lease or to an earlier date if the lease can be determined without financial penalty.
Pension costs
The Charity operates a defined contribution pension scheme. Contributions are charged to the profit and loss
account as they become payable in accordance with the rules of the scheme.
Page 12 of 19

Essential Needs - NOTES to the Financial Statements for the Year ended 31 March 2025
(continued)
Accounting for separate fund5
Restricted funds are funds which are to be used in accordance with specific restrittions imposed by the donors.
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of
the charity. Designated Funds are funds set aside by the Trustees for specific purposes.
2. DONATIONS AND GRANTS
2025
Unrestricted
2025
Restricted
2025
Total
2024
Total
Grants
Donations
5,000
411
8.753
13,753
411
2,233
404
Total
5.411
8,753
14.164
2.637
3. NET OUTGOING RESOURCES FOR THE YEAR
This is Stated after charging:
2025
2024
Independent Examination Fee
Depreciation
750
602
750
947
4. TRUSTEES, REMUNERATION
No trustee was remunerated in the year (2024- £nill. No expenses were reimbursed to Trustees {2024- £nill
5. STAFF COSTS
The staff costs shown in Note 6 relate to eight employees {2024: 81. No employee earned more than £60,00012024:
The average number of employees for the year ended 31 March 2025 was 812023.. 81, being an average of 4 full
time equivalent {2024: 41. The amounts paid to employees were:
2025
2024
Gross Pav
social Security Costs
Pension Payments
141,551
5,061
3,505
119,600
3,453
2.912
Page 13 of 19

Essential Needs - NOTES to the Financial Statements for the Year ended 31 March 2025
(continued)
6. TOTAL EXPENDITURE
Furniture Store Governance
2025
2025
Total
2025
Total
2024
Cost of Beds Sold
Salaries & National Insurance
Pension Contributions
Volunteer & Staff Expenses
Uniform
Training
Rent & Rates
Insurance
Electricity, Gas & Water
Maintenance & cleaning
Appliance Testing & Workshop
Van Repairs
Van Fuel
Hire of Second Van
Telephone & Broadband
Card Machine
Computer
Postage
Stationery
Bank & Card charges
Marketing and PR
Membership & Conference
Sundry
Equipment <£250
Depreciation
Support costs
27,498
146,612
3.505
548
142
428
20.254
4,236
4.388
1,003
962
5,088
2.512
2,425
1,085
3,537
1,761
35
734
25
4,527
360
1.088
224
602
530
27,498
146,612
3.505
25,542
123,053
2,912
142
428
20.254
4,236
4,388
1,003
962
5,088
2.512
2,425
1,085
3,537
1,761
35
734
25
4,527
360
1.088
224
602
1.525
751
273
19,229
4,006
2,674
1,158
909
4,462
2,231
814
3,329
1,725
30
487
24
271
iio
901
208
947
1,678
995
Total Expenditure
234,109
995
235,104
198,108
7. SUPPORT COSTS
2025
2024
Store
Store
Independent Examination
Other Professional Fees
Recruitment & Payroll Bureau
750
245
530
750
400
528
1.525
1.678
Page 14 of 19

Essential Needs - NOTES to the Financial Statements for the Year ended 31 March 2025
(continued)
8. TANGIBLE ASSETS
Leasehold
Improvements
Plant &
Equipment
Van
Total
Cost
At l April 2024
Additions
10,413
16,372
22,414
49,199
At 31 March 2025
10.413
16,372
22,414
49,199
Depreciation
At l April 2024
Charge for the Year
10,166
62
16,101
93
20,625
447
46,892
602
At 31 March 2025
10,228
16,194
21,072
47,494
Net Book Value
As at 31 March 2025
As at 31 March 2024
185
247
178
271
1,342
1,789
1,705
2,307
9. DEBTORS
2025
2024
Trade Debtor5
Prepayment & Accrued Income
Other Debtors
261
31.492
1.253
583
23,927
Total
33.006
24.510
10. CREDITORS (amounts falling due within one year)
2025
2024
Trade Creditors
Accrual & Other Creditors
Other Taxation & Social Security
4.218
2.755
2,150
1,088
3,887
2,667
9.123
7.642
Page 15 of 19

Essential Needs - NOTES to the Financial Statements for the Year ended 31 March 2025
(continued)
11. MOVEMENTS IN CHARITY FUNDS
UNRESTRICTED FUNDS
2025
Unrestricted Funds
B/f l April
2024
Income
Received
Balance Clf
31 March
2025
Expenditure
Transfers In
/ (Out)
Designated Funds
Free Beds for Children
Additional 50% Discount
Van Hire
Additional Salaries
Marketing
(1,586)
12,414}
154
11,994}
3,000
6,654
6.500
4.420
26,080
(2,426)
116,133)
(4,250)
9,947
750
Total Designated Funds
Unrestricted General Fund
49,000
85,911
(24,395)
(207,323)
(4,254)
(4,675)
20,351
109,819
2Z6,556
Totsl Unrestricted Funds
134,911
226.556
1231,718)
421
130,170
2024
Unrestricted Funds
Blf l April
2023
Income
Received
Balance Clf
31 March
2024
Expenditure
Transfers In
/ (Out)
Designated Funds
Free Beds for Children
Additional 500A Discount
Van Hire
Additional Salaries
Marketing
7,CKIO
6.500
4.420
26,080
5.000
6,500
4,420
26,080
Total Designated Funds
Unrestrirted General Fund
49,000
147,937)
49,000
85,911
106.455
224.316
1196,923)
Total Unrestricted Funds
106,455
224.316
(196,923)
1,063
134,911
Of the £49,000 designated at 31 March 2024 for special projects, £20,351 remains unspent and this will be
directed to four projetts in the year 2025-26.
Cost of free beds £3,000- Free beds will continue to be provided for children. referred to the Charity by schools.
GP'S, Harrogate Homeless and other partner agencies.
Page 16 of 19

Essential Needs - NOTES to the Financial Statements for the Year ended 31 March 2025
(continued)
Additional 50% discount and donations free of charge £6,654- Partner Organisations including those above.
YMCA, New Beginners, churches and others can refer families in extreme poverty to the Charity to claim a further
discount of 50Yo, and in some cases, items will be donated free of all charge.
Additional Salary Costs £9,947-This will continue to fund increased administrative costs and as necessary the
cost of an additional van driver.
Marketing £750-the remainder of the £5,000 allocated in 2024-25. which will be spent in the year 2025-26.
RESTRicfED FUNDS
2025
Restrirted Funds
Blf l April
2024
Income
Received
Transfers In
/ (Out)
Balance C/f
31 March
2025
Expenditure
North Yorkshire CC
Rotary
Two Ridings- Bed Packs
Schools Fundraising for Beds
Shears Foundation
48
937
950
1398)
{421}
516
1,515
549
5.739
11,515)
549
4,266
11.473)
Total Restricted Fund
985
8.753
(3,386)
(421)
5.931
2024
Restrirted Funds
B/f l April
2023
Income
Received
Balance C/f
31 March
2024
Expenditure
Transfers In
/ (Out)
Charles & Elsie Sykes Trust
North Yorkshire CC
Rotary
1,000
11,000}
1.233
1.000
11.185)
163}
937
Total Restricted Fund
2.233
(1,185
(1,063)
985
Shears Foundation - a grant of £5.739 was made during the year 2024-25 to contribute to the utility costs of the
Charity (Gas, Electricity. Water and Broadband). £1.473 of this fund was spent during the year 2024-25 and the
remainder will be used in the year 2025-26.
Schools Fundraising for free beds for children- During the year 2024-25, two local primary Schools 1st Roberts and
Western) held fundraising events and together donated £549 to fund the provision of free beds for children, an
ongoing initiative of the Charity.
North Yorkshire CC - North Yorkshire County Council paid the following grants, the purpose of which were as
follows..
Year 2024-25
£350 to fund new PAT and Microwave testers to improve in house appliance testin& which has
been spent in the year.
£600 to purchase of a new PC for the office, which will be used in 2025-26
Page 17 of 19

Essential Needs - NOTES to the Financial Statements for the Year ended 31 March 2025
(continued)
Year 2023-24
£750 to fund the purchase of uniforms for Staff and Volunteers. The balance of this fund at 31
March 2024, was spent in the year 2024-25.
£483 to buy a new printer and to fund a marketing campaign. This was fully spent in the year 2023-
24.
Rotsry- In 2023-24, Rotary donated £1,000 to help fund free items for Ukrainian families settling in the local area,
either in their own homes or with host families. The Charity continues to match the funding from this grant.
Charles & Elsie Sykes Trust- In 2022-23 a grant of £5,000 was given to help the Charity further support those in
need. £4,000 of this grant was applied in the year 2022-23 and the remaining £l.000 in the year 2023-24. This fund
was to provide items to those most in need, for no charge or at a higherthan usual discount. In line with the agreed
conditions of the grant, the Charity bore 50% of the additional discount value of these items.
12. NET ASSETSUMMARY
Balance at 31 March
2025
Unrestricted Funds
Total Funds at
31 March
2025
General
Designated
Restrirted
Fund
Tangible Fixed Assets
Current Assets
Cash at Bank/ln Hand
Current Liabilities
1,705
34,146
83.091
(9,123)
1,705
34,146
109,373
(9,123)
20,351
5.931
Total Net Assets
109.819
20,351
5,931
136,101
Balance at 31 March
2024
Unrestrirted Funds
Total Funds at
31 March
2024
General
Designated
Restricted
Fund
Tangible Fixed Assets
Current Assets
Cash at Bank/ln Hand
Current Liabilities
2.307
25,142
66,104
(7.642)
2,307
25,142
116,089
(7,642)
49,000
985
Total Net Assets
85,911
49,IKIO
985
135,896
Page 18 of 19

Essential Needs - NOTES to the Financial Statements for the Year ended 31 March 2025
(continued)
13. OPERATING LEASES
The Charity entered into a new 5-year lease agreement on l Ottober 2022. This agreement has a built-in annual
rent increase, from £15,C(JO to £20,000. commencing l October 2023. Buildings Insurance is also payable to the
landlord under the terms of the lease.
Buildings
2025
2024
Due within one year
Due between two and five years
21,104
31,656
20.976
52,440
Total amount payable
52.760
73,416
14. PENSION COMMITMENTS
The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from
those of the Charity in an independently administered fund. The pension charge represents the contributions
payable by the Charity to the fund and amounted to £3.505 {2024: £2.912).
15. CONTROL RELATIONSHIPS
As the Charity is limited by guarantee without share capital. no individual has overall control of the Charity.
16. RELATED PARTY TRANSAcfioNS
Trustee remuneration and benefits
During the year, no Trustee received any remuneration or benefits12024- £nill.
Trustee Expense5
During the year, no Trustee was paid any expenses {2024- £nil).
Trustee Donations
During the year, no Trustee made a donation (2024: £nill.
There were no other related party transactions in the year ended 31 March 202412023: £Nill.
Page 19 of 19