Trustees Report 

**We as we are the board of trustees I've been part of and seen the struggles of the amazing charity the town Centre is declining the charity shop has very little football although we try although we do get donations of goods which is fantastic wishes are still being carried out but not as many as we would like due to the lack of funds and support we will carry on helping others for as long as we can all volunteers and staff do exceptional work exceptional work we would like to thank them for the dedication they've shown us over the last 20 years.** 

**We hope we can continue this good work we do hope that things turn around and life gets a little easier thanks to everyone the board of** 

**Trustees** 

## **Chairs Report** 

**Hi to everyone our fabulous volunteers and staff all six of us 2024 so our building sold and we now only have ground floor the football in St town Centre has fallen dramatically this year and our income from Shop as tumbled we have not had any support from the people we help which would've kept us buoyant after 20 years of creating wishes The only wishes we have been able to fulfil our Football wishes which have been achieved by building a relationship with these clubs over the years this is a warning time after 20 years for the charity but we strive to keep your** 

## **Chair: William Duffy** 



Chafity regislrallon number.. 1109867
THE HONEYROSE FOUNDATION
TRUSTEES, REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
JNB A¢cthmlarty Limited

The Honeyrose Foundation
Contents
Page
Tru51ees' Report
IrKlependenl Examiner's Report
statement of Financial Adimlies
Comparalive Slalemenl of FinancFal Aci1vit￿$
Slalemenl of Finandal Position
Notes lo the Financial Slalements
12
The lollowing pages do not lom part of tha staiulory accovnts:
Detailed Statement of Financial Actimt
13

The Honeyrose Foundation
Trustees. Report For The Year Ended 31 December 2024
The Iruslees present their report anrj Ihe fmandal slalemenls for the year ended 31 December 2024.
Objecfjv8s and A¢tivltles
Alms and OblectNe5
To provide special days for people 40 years and above. a￿ SLrfwirrfJ from a life IhTealenin9 or lerminal illness. in order lo give them and
Iheir lamily special memories.
Slgnlfl¢ant ActNities
We have continued proyèding during ￿ year aThJ Vlil conb.nue Ihe good Y4Drk Ihat was started in 2004.
Publlc Benorrt
The Iruslee5 have continued lo expand the area covered for their aNns lo offer their Charitab￿ works to the greater publlc.
The InJ$lees confimi that Ihey have complied v￿th the (equi￿rt￿nts of Section 17 of the Charilies Aci 201110 have due regard lo the Ch￿lty
Comnwssion's quidance on public benefit.
Volunte•rs
The truslees like to ihank al volunteers kn Iheir haed 4wrk and dethcalion. and have ￿InSta1ed the volunteer of Ihe monlh award.
AchI￿•mants and P&rfornianc•
Maln Ach￿¥•m0nts
The trustees have seen and experienced Ihe struggle5 of this amazing charity. The lown centre is dedining and has resulted in Ihe charity
shop hawng very little foolfall. The truslees conbnue lo try and briThJ in donations and goo(Js for the shop. Wishe5 continue lo be carried oul
bul not as many as we wjuld like. The charity 4%ill continue due to the support of its trustees and volunteers and staff who do excepts'onal
work. The Irustees would like to thank all involved for their continued support. hope to conty"nt* the great work of the Charity.
Chalrman's Report
2024 saw our building sold by our landlord. We now onty have the ground lloor. The decline in Sl Helens town centre has had an impacl on
shop income and that has an impacl on Ihe charity as a whole. We eonlint* lo give V4i5hes however rnore and more wshes are reslricled lo
out connection wilh lo¢al football teams. We have build slron9 ￿lationShipS wlh loGal leams ovei a number of years. We strive lo continue the
greal woik Ihal the ¢harity does bul wilh falling income aThJ other pre&sures il is getlirvj ever harder.
Flnanclal Review
Flnanclal Position
The charity's activities expose it lo a numl)er of finaneial risks inthjding crerfil risk. cash Ilow iisk and IiqLridity risk. The use of financtal
derivatives is governed by the Charills poliues approved by the board of Iwstees vknch provide written principses on the use of finanaal
derivatives to manage these risks. TF* d)arty does not w den"vatNe financial I￿1DJments for speculative purposes.
Cr•dlt & Liquidity Risk
The charity's principal finanual assets a￿ bank balances and cash. trade ar¥J other re￿1Vab￿S, and inveslments. The charitys uedil risk is
primarily altribulable to its trade ￿CeIVables. The amounls p￿sented in the balance sheet a￿ net of allowances for doubtlul receivables. An
allowance for impaifmenl is made wheie the￿ is an idenb.fied bss event ￿lCh. based on previous experience. is evidertce of a reduction in
the iecoverability of the cash flo￿.
The ¢￿dit risk on liquid funds and derivalNe finanaal InstrUff￿nIS is limited because the Counlerparts are bank5 Wth high credit ralings
assigned by internalional Credit rating agenaes. The charity has no significani concenlrab.on of uedil risk, wilh exp05we swead ovei a large
number of counlerparls and cuslomers.
In ￿der lo maintain liquidily to en5UTe that suifiuenl furKla are avadable lor oi¥Joir¥J OFefations and futu￿ developments. the thartty uses a
mbxlure of long lerm and short temi debl finance. Further details regarding liquhlbty risk can be fO￿d in the Slalemenl of aCco￿ting poliaes in
the financial stalemenis.
Structuro. Gov•man¢• and Manag*ment
Page 1

The Honeyrose Foundation
Trustees, Report (continued)
For The Year Ended 31 December 2024
Governing Document
The charity is controlled by ils govemiThJ docurr*nt. a deed of trust and cortslflutes an unincorporated charity.
Reference and Administratlv• D•talls
Trustees
B Duffy
L Barrow
D Flennes￿reg0ry
C Anders
L McGfath
L Stevens
L Hurst
A Worsley
Gharity Number
1109867
Independent Examln•T
Joseph Nathan Banni51er FCCA
JNB Aecounlancy Llmlled
Unil 3b Trident Business Centre Amy Johnson
Blackpool
FY4 2RP
Page 2

The Honeyrose Foundation
Trustees. Report {continued}
For The Year Ended 31 December 2024
The Iruslees, ￿port was approved by the board oftruslee$ and signed on its behall by".
B Duffy
Trustee
2511012025
Page 3

The Honeyrose Foundation
Independent Examinerfs Report to the Trustees of The Honeyrose Foundation
For The Year Ended 31 December 2024
I report lo the trustees on my examination of the accounts of Tr H(wrose FouThlation (the Trusll for the year ended 31 December 2024.
Responslbllltles and Basis ol Report
As the Charity trustees of the Trusl you are responsible for Ihe preparatton of the accoun15 in a¢￿1*yanCe wth the reqifjrements of Ihe Charities
Act 2011 nhe Acll.
I report In respect of my examinatlon of Ihe Tru51's accounls carried oul under section 145 01 the 2011 Act and in carrying out my examinatson, I
have f￿￿o¥s￿d the applicable Directions given by the Charity Commission ￿￿ler seclion 145151{bl of the Act.
Ind8pènd•nt ExamIne￿S Statem•nt
I have compleled my exarrinalion. I confirm Ihat no mateiial matters have come lo my attention in connection wih the examinalion giving me
cause to believe that in any material reS￿Ct..
1. accounling records b￿re Thil kept in of Il* TTUSI as W￿red by sedion 130 of Ihe Act,. or
2 the acco¢Jn15 do not accord with Ihose records.. or
the accotjnts do not comply with the applicable requrements conceming Il* fom and contents of accounts set out in the Chaiities
IA¢counls and Report51 Regulations 2008 oihef than any requiremenl that Ihe accounts give a Irue and fair vieW vknich is nol a matter
¢onsidered as part of an independent examinab"on.
I have no concems and have come across no other matters in corwRclion with Ihe examination lo vthich allenlion should be drawn in this report
In order lo enable a proper Understa￿lir9 of the accoun15 to be Teached.
Joseph Nawln Banrusler FCCA
2511012025
Unil 3b Tri¢Jenl Business cent￿ Amy Johnson
Bla¢kpool
FY4 2RP
Page 4

The Honeyrose Foundation
Statement of Financial Activities
For The Year Ended 31 December 2024
2024
2023
Unr•stri¢ted Restricted Total funds Total fund5
fvnds
funds
Motes
INCOME AND ENDOWMENTS FROPIJ:
Donabons and legacie5
Other ItadirYJ activities
Olher
29.466
87,771
1,510
37.152
67,244
1,110
87.771
1,510
118.747
118,747
105,506
EXPENDITURE ON:
Raising fund5
Charitable acb"vities".
Other trading activities
Other resouices expended
Othef
{1.7241
{1.724)
18711
1fj9,2581
13.1271
16,2491
(69,2581
13,1271
16.2491
176,3581
{3.6611
13,8431
180.3581
180,358)
{84,7331
NETINCOME
38.389
38,389
20.773
NETMOVEMENTIN FUNDS
RECONCILIATION OF FUNDS-
38.389
38,389
20,773
Total Ilsnds brought forward
{23,13n
24,108
971
120.7781
TOTAL FUNDS CARRIED FORWARD
16
15.252
24,108
39.360
151
The noles on pages 8 10 12 fomi part of Ihese financial slaten￿*s.
P•Je 5

The Honeyrose Foundation
Comparative Statement of Financial Activities
For The Year Ended 31 December 2024
2023
Unrestrietod R•strlct•d Total funds
funds
fLtnds
Not•s
INCOME AND ENDOWMENTS FROM:
Donations and legaries
Other trading activitses
Other
37.152
67.244
1.110
37.152
67.244
1.110
105,506
105,506
EXPENDITURE ON:
Raising funds
Charitable actiwties..
1871)
18711
Other Irading a¢tivitie5
Olher ￿sOUrceS expended
Other
r16,358}
13,661)
13.8431
176.3581
13,6611
13,8431
184,7331
{84.733
NETINCOME
20.773
20,773
NETMOVEMENT IN FUNDS
RECONCILIAMON OF FUNDS:
Tolal funds brought forwat(I
20.773
20.773
144.8861
24.108
{20,7781
TOTAL FUNDS CARRIED FORWARD
16
124.1131
24,108
151
The notes on pages 8 10 12 lo￿ parl oflhese financial statements.
Page 6

The Honeyrose Foundation
Statement of Financial Position
As At 31 December 2024
2024
2023
Unrestricted Restrictsd Total funds Total funds
lunds
fund5
FIXEO ASSETS
Tangible Assets
12
11,485
1.024
12.509
14.646
11.485
1.024
12,509
14,648
CURRENT ASSETS
Cash al bank and in har*J
56.796
2,313
59,109
17.607
56.796
2.313
59.109
17.607
Crod5tors'. Amounts Falllng Due Within One Year
13
16.994)
16,9941
{6.9941
NET CURRENT ASSETS IUABIUTIESI
49.802
2.313
52.115
10,613
TOTAL ASSETS LESS CURRENT UABILMES
61.287
3.337
64,624
25,259
Creditors: Amounts Falling Due After More Than One Yoar
14
{25.264)
(25,264)
{25,2641
NET ASSETSIILIABILITIESI
36.023
3.337
39.360
{51
FUNDS OF THE CHARITY
Reslricled Funds
UnTeslricted Funds
24,108
15.252
24.108
124.113
TOTAL FUNDS
16
39,360
151
On behalf of Ihe board
B Dulfy
Tru51ee
2S11012025
The notes on pages 8 10 12 forrn part ofthese financial Statemen￿.
Page 7

The Honeyrose Foundation
Notes to the Financial Statements
For The Year Ended 31 December 2024
1. General Inforniatlon
The Honeyrose Foundation is an LmincorpcKated charity registered Vlilh the Charity Conmnission, regislered tharity number 1109867. The
principal address is
2. Accountlng Pollcles
2.1. Basis of Preparation of Financial Statem•nt5
The financial slalemenls have been prepared In accordan￿ wlh the charib.es SORP (FRS 1021"A￿0UnIlng and Reporting by
Charitie5' Statement of Recommended Pra¢b"ce ap￿1¢ab￿ lo charibes pKepaiing their accouTrls in accordance with the Financial
Reporting Standard applicable in the VK and Republic of Irelar¥J IFRS 1021 leffeetive l January 20191" Financial Reporting Standard
102 The Financial Reporting Slandarfj applicable in UK and Republic of Ireland" and the Charities Act 2011.
The charity is a Public Be￿fil Ents'ty as defined ty FRS 102.
2.2. Tanglble Flxed Ass8ts and Depreciatlon
Tangible fixed assels a￿ measured at cost ￿s$ accumulaled deprecialion and any accumulated impalmenl10s5e5. Depreciation is
pra￿ded at ratès calculated lo writo off tho cost of tho fixed a888ts. 1088 thoir 06timaled r8Èidual valuè, over Ihoir expèclad uÈofiJl livas
on the following bases..
Motor Vehldes
Fixture5 & Fillings
20% Reduung balance
20% Reduong balance
2.3. Cash and Cash Equivalents
Cash and cash equivalenls are basic ffinanual assets aryl wKIL•Je cash in hand and deposits held at call wlh banks. other short-lerrn
highly liquid investments that mature in no more than Ilwee months from ihe date of acquisits'on and are readily convertible to a kno¥¥n
amcxjnt of cash wth insignificant iisk of change in value. aThJ bank overdrafts.
3. Income fmm Donatlons and Legacles
2024
2023
Unrèstrlctod
Unrastrlcted
funds
fund5
Donations aNI gifts
29,466
37,152
4. Incom8 from Other Tradsng Activitie5
2024
2023
Unrestricted
funds
Unrestrlcted
tunds
Shop income
87,771
67,244
5. Other In¢om¢
2024
2023
Unrostrlctod
funds
Unrestricted
funds
Other income type A
1.510
1,110
Page 8

The Honeyrose Foundation
Notes to the Financial Statements (continued}
For The Year Ended 31 December 2024
6. Net IncomèllExpenditurel
The nel In¢(￿e is staled after chaig1@{credilirwJ)=
2024
2023
Oepretiallon of langlbk fixed assets- ovmed
3,127
3,661
7. Anatysls of Expgndlture
2024
Activities
undertaken
directly
Support cosis
{see note 8)
Total
Aai3illg fiJnd¥
ottr￿ trading aclivilie5
Other resources expended
1.724
59.660
1,724
69.258
3.127
9,598
3.127
61,384
12,72S
74,109
2023
Activlties
undertaken
di￿1￿
Support costs
(see rtote 81
Total
Raising fijnds
Olher trading aclivilies
Olher resources expende
871
871
63,164
13,194
3.661
76,358
3.661
64,035
16,855
80,890
Suppori Costs
2024
Othèr
resources
expended
Other trading
activities
Total
Premises expenses
General adnlnislration
8,713
8,713
885
DeP￿CIatIOn
3.127
3,127
9,598
3,127
12,725
2023
Othgr
resources
expended
Other trading
activities
Total
Premises expenses
General administration
12,575
619
12,575
619
Dewecaalion
3.661
3,661
13.194
3.661
16.855
P•3e 9

The Honeyrose Foundation
Notes to the Financial Statements (Continued)
For The Year Ended 31 December 2024
9. Indépendent Examingrfs Remuneration
2024
2023
Independent examinati￿ of the finanoal statements
Olher assurance Se￿1¢e8
720
450
Tax adthsory services
Other financial seN¢ces
720
450
10. Staff Costs
Slaff cosls were as follovts..
2024
2023
Wages and salaries
59,452
61,993
No efflployees received employee benefits (eX￿￿￿1ng employer pen5wJn cos15) fiN Ihe repoFting peri(MJ of more than £60,000.
11. Average Number of Employtres
Average number of employees during the year was.. 4 (2023.. 41
12. Tangible Assets
Motor Vehicles
Fixture5 &
Fittings
Total
Cost
As al 1 Jarwary 2024
Additions
12.424
70,030
14
82.454
14
As a131 December 2024
12,424
70,044
82.468
Depreclaiion
As al 1 January 2024
Provided during the period
8,353
814
58,479
2.313
66.832
3,127
As at 31 De￿rnber 2024
9.167
60.792
69,959
Net Book Value
As al 310ecember 2024
3.257
9.252
12,509
As at 1 January 2024
4,071
11,551
15.622
13. Creditors.. Amounts FallSng Oue ?￿thIn One Year
2024
2023
Bank loans and overdrafts
Acciuals and deferred in¢ome
6,274
720
6,274
720
6.994
6,994
Page 10

The Honeyrose Foundation
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
14. Credltors= Amounts Fallln9 Due After More Than One Year
2024
2023
Bank loans
25.264
25.264
15. Loans
anatysis of the maturity of loang is given below:
2024
2023
Amounts lalling due Nwthin one year or on demarKI-.
Bank loans
6,274
6.274
2024
2023
Arnounls falling due be￿en one and five years:
Bank loans
25,264
25,284
16. Movement In Funds
Asat31
Decgmber
2024
Asat1
January 2024
In¢ome
Expendtture
Unrestrlcted funds
General..
Gener￿ unre511i¢led lur)d
Restricted funds
123.1371
118.747
180.3581
15.252
Restri¢led lund
24.108
24.108
Total lunds
971
118.747
180,358}
39,360
Asat31
Decomber
2023
Asat1
January 2023
Income
Expendhurn
Unrtttri¢tod funds
General..
General unreslricled ftmd
RKtrlct•d funds
(44,886)
105,506
184.733}
{24,1131
Restricted tund
24.108
24.108
Total funds
120.7781
105,506
184.7331
15)
17. Transaction$ with Trustses
During the year the expenses ￿iMbU￿ed lo Ihe Iruslees or paid diredty lo third partVè5 as follows..
Page 11

The Honeyrose Foundation
Notes to the Financial Statements Icontinued
For The Year Ended 31 December 2024
2024
2023
18. Rolat¥d Party Dlsclosur8s
Page 12

The Honeyrose Foundation
Detailed Statement of Financial Activities
For The Year Ended 31 December 2024
2024
2023
Total
funds
Totsl
fund$
INCOME AND ENDOWMENTS FROM..
Donatlons and legacies
Donab'ons and gifts
29,466
37,152
29,466
37.152
Other tradlng activitlo$
Shop income
87,771
67,244
87.771
67.244
other
Olher income type A
1.510
1,110
1,510
1.110
118,747
105,5(k8
EXPENDITURE ON:
Ral$lng lund$
Staging fundraisiThJ evenls
Vehicle wunning costs
{4221
11.3021
{293}
1578)
11.724)
18711
Charitable Activ1￿09..
Other tradlng actlvlties
Advertising, marketing, direct mail and publliity
Wdges and salarie5
Support and administration costs
Rale5
Light and heal
Repairs and maintenan
Telecommunications
Accountancy fees
Surmlry expen5e5
1121
(59,4521
1196)
12.191}
{3.5981
{2.9241
11391
1720)
126)
14021
161,993}
17691
(4.1401
{8,4351
14501
1169}
169,258}
176,3581
Oth•r resourcos ex￿nd
Depreciation of molor vehirjes
Depreciation of fixiures and fillings
18141
{2,3131
{1,0181
12,6431
13,1271
13,6611
other
Olher expenditure type A
16,249}
{3,843}
16,2491
13,8431
180,3581
184,7331
NET INCOME
38,389
20.773
Page 13

Chafity regislrallon number.. 1109867
THE HONEYROSE FOUNDATION
TRUSTEES, REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
JNB A¢cthmlarty Limited

The Honeyrose Foundation
Contents
Page
Tru51ees' Report
IrKlependenl Examiner's Report
statement of Financial Adimlies
Comparalive Slalemenl of FinancFal Aci1vit￿$
Slalemenl of Finandal Position
Notes lo the Financial Slalements
12
The lollowing pages do not lom part of tha staiulory accovnts:
Detailed Statement of Financial Actimt
13

The Honeyrose Foundation
Trustees. Report For The Year Ended 31 December 2024
The Iruslees present their report anrj Ihe fmandal slalemenls for the year ended 31 December 2024.
Objecfjv8s and A¢tivltles
Alms and OblectNe5
To provide special days for people 40 years and above. a￿ SLrfwirrfJ from a life IhTealenin9 or lerminal illness. in order lo give them and
Iheir lamily special memories.
Slgnlfl¢ant ActNities
We have continued proyèding during ￿ year aThJ Vlil conb.nue Ihe good Y4Drk Ihat was started in 2004.
Publlc Benorrt
The Iruslee5 have continued lo expand the area covered for their aNns lo offer their Charitab￿ works to the greater publlc.
The InJ$lees confimi that Ihey have complied v￿th the (equi￿rt￿nts of Section 17 of the Charilies Aci 201110 have due regard lo the Ch￿lty
Comnwssion's quidance on public benefit.
Volunte•rs
The truslees like to ihank al volunteers kn Iheir haed 4wrk and dethcalion. and have ￿InSta1ed the volunteer of Ihe monlh award.
AchI￿•mants and P&rfornianc•
Maln Ach￿¥•m0nts
The trustees have seen and experienced Ihe struggle5 of this amazing charity. The lown centre is dedining and has resulted in Ihe charity
shop hawng very little foolfall. The truslees conbnue lo try and briThJ in donations and goo(Js for the shop. Wishe5 continue lo be carried oul
bul not as many as we wjuld like. The charity 4%ill continue due to the support of its trustees and volunteers and staff who do excepts'onal
work. The Irustees would like to thank all involved for their continued support. hope to conty"nt* the great work of the Charity.
Chalrman's Report
2024 saw our building sold by our landlord. We now onty have the ground lloor. The decline in Sl Helens town centre has had an impacl on
shop income and that has an impacl on Ihe charity as a whole. We eonlint* lo give V4i5hes however rnore and more wshes are reslricled lo
out connection wilh lo¢al football teams. We have build slron9 ￿lationShipS wlh loGal leams ovei a number of years. We strive lo continue the
greal woik Ihal the ¢harity does bul wilh falling income aThJ other pre&sures il is getlirvj ever harder.
Flnanclal Review
Flnanclal Position
The charity's activities expose it lo a numl)er of finaneial risks inthjding crerfil risk. cash Ilow iisk and IiqLridity risk. The use of financtal
derivatives is governed by the Charills poliues approved by the board of Iwstees vknch provide written principses on the use of finanaal
derivatives to manage these risks. TF* d)arty does not w den"vatNe financial I￿1DJments for speculative purposes.
Cr•dlt & Liquidity Risk
The charity's principal finanual assets a￿ bank balances and cash. trade ar¥J other re￿1Vab￿S, and inveslments. The charitys uedil risk is
primarily altribulable to its trade ￿CeIVables. The amounls p￿sented in the balance sheet a￿ net of allowances for doubtlul receivables. An
allowance for impaifmenl is made wheie the￿ is an idenb.fied bss event ￿lCh. based on previous experience. is evidertce of a reduction in
the iecoverability of the cash flo￿.
The ¢￿dit risk on liquid funds and derivalNe finanaal InstrUff￿nIS is limited because the Counlerparts are bank5 Wth high credit ralings
assigned by internalional Credit rating agenaes. The charity has no significani concenlrab.on of uedil risk, wilh exp05we swead ovei a large
number of counlerparls and cuslomers.
In ￿der lo maintain liquidily to en5UTe that suifiuenl furKla are avadable lor oi¥Joir¥J OFefations and futu￿ developments. the thartty uses a
mbxlure of long lerm and short temi debl finance. Further details regarding liquhlbty risk can be fO￿d in the Slalemenl of aCco￿ting poliaes in
the financial stalemenis.
Structuro. Gov•man¢• and Manag*ment
Page 1

The Honeyrose Foundation
Trustees, Report (continued)
For The Year Ended 31 December 2024
Governing Document
The charity is controlled by ils govemiThJ docurr*nt. a deed of trust and cortslflutes an unincorporated charity.
Reference and Administratlv• D•talls
Trustees
B Duffy
L Barrow
D Flennes￿reg0ry
C Anders
L McGfath
L Stevens
L Hurst
A Worsley
Gharity Number
1109867
Independent Examln•T
Joseph Nathan Banni51er FCCA
JNB Aecounlancy Llmlled
Unil 3b Trident Business Centre Amy Johnson
Blackpool
FY4 2RP
Page 2

The Honeyrose Foundation
Trustees. Report {continued}
For The Year Ended 31 December 2024
The Iruslees, ￿port was approved by the board oftruslee$ and signed on its behall by".
B Duffy
Trustee
2511012025
Page 3

The Honeyrose Foundation
Independent Examinerfs Report to the Trustees of The Honeyrose Foundation
For The Year Ended 31 December 2024
I report lo the trustees on my examination of the accounts of Tr H(wrose FouThlation (the Trusll for the year ended 31 December 2024.
Responslbllltles and Basis ol Report
As the Charity trustees of the Trusl you are responsible for Ihe preparatton of the accoun15 in a¢￿1*yanCe wth the reqifjrements of Ihe Charities
Act 2011 nhe Acll.
I report In respect of my examinatlon of Ihe Tru51's accounls carried oul under section 145 01 the 2011 Act and in carrying out my examinatson, I
have f￿￿o¥s￿d the applicable Directions given by the Charity Commission ￿￿ler seclion 145151{bl of the Act.
Ind8pènd•nt ExamIne￿S Statem•nt
I have compleled my exarrinalion. I confirm Ihat no mateiial matters have come lo my attention in connection wih the examinalion giving me
cause to believe that in any material reS￿Ct..
1. accounling records b￿re Thil kept in of Il* TTUSI as W￿red by sedion 130 of Ihe Act,. or
2 the acco¢Jn15 do not accord with Ihose records.. or
the accotjnts do not comply with the applicable requrements conceming Il* fom and contents of accounts set out in the Chaiities
IA¢counls and Report51 Regulations 2008 oihef than any requiremenl that Ihe accounts give a Irue and fair vieW vknich is nol a matter
¢onsidered as part of an independent examinab"on.
I have no concems and have come across no other matters in corwRclion with Ihe examination lo vthich allenlion should be drawn in this report
In order lo enable a proper Understa￿lir9 of the accoun15 to be Teached.
Joseph Nawln Banrusler FCCA
2511012025
Unil 3b Tri¢Jenl Business cent￿ Amy Johnson
Bla¢kpool
FY4 2RP
Page 4

The Honeyrose Foundation
Statement of Financial Activities
For The Year Ended 31 December 2024
2024
2023
Unr•stri¢ted Restricted Total funds Total fund5
fvnds
funds
Motes
INCOME AND ENDOWMENTS FROPIJ:
Donabons and legacie5
Other ItadirYJ activities
Olher
29.466
87,771
1,510
37.152
67,244
1,110
87.771
1,510
118.747
118,747
105,506
EXPENDITURE ON:
Raising fund5
Charitable acb"vities".
Other trading activities
Other resouices expended
Othef
{1.7241
{1.724)
18711
1fj9,2581
13.1271
16,2491
(69,2581
13,1271
16.2491
176,3581
{3.6611
13,8431
180.3581
180,358)
{84,7331
NETINCOME
38.389
38,389
20.773
NETMOVEMENTIN FUNDS
RECONCILIATION OF FUNDS-
38.389
38,389
20,773
Total Ilsnds brought forward
{23,13n
24,108
971
120.7781
TOTAL FUNDS CARRIED FORWARD
16
15.252
24,108
39.360
151
The noles on pages 8 10 12 fomi part of Ihese financial slaten￿*s.
P•Je 5

The Honeyrose Foundation
Comparative Statement of Financial Activities
For The Year Ended 31 December 2024
2023
Unrestrietod R•strlct•d Total funds
funds
fLtnds
Not•s
INCOME AND ENDOWMENTS FROM:
Donations and legaries
Other trading activitses
Other
37.152
67.244
1.110
37.152
67.244
1.110
105,506
105,506
EXPENDITURE ON:
Raising funds
Charitable actiwties..
1871)
18711
Other Irading a¢tivitie5
Olher ￿sOUrceS expended
Other
r16,358}
13,661)
13.8431
176.3581
13,6611
13,8431
184,7331
{84.733
NETINCOME
20.773
20,773
NETMOVEMENT IN FUNDS
RECONCILIAMON OF FUNDS:
Tolal funds brought forwat(I
20.773
20.773
144.8861
24.108
{20,7781
TOTAL FUNDS CARRIED FORWARD
16
124.1131
24,108
151
The notes on pages 8 10 12 lo￿ parl oflhese financial statements.
Page 6

The Honeyrose Foundation
Statement of Financial Position
As At 31 December 2024
2024
2023
Unrestricted Restrictsd Total funds Total funds
lunds
fund5
FIXEO ASSETS
Tangible Assets
12
11,485
1.024
12.509
14.646
11.485
1.024
12,509
14,648
CURRENT ASSETS
Cash al bank and in har*J
56.796
2,313
59,109
17.607
56.796
2.313
59.109
17.607
Crod5tors'. Amounts Falllng Due Within One Year
13
16.994)
16,9941
{6.9941
NET CURRENT ASSETS IUABIUTIESI
49.802
2.313
52.115
10,613
TOTAL ASSETS LESS CURRENT UABILMES
61.287
3.337
64,624
25,259
Creditors: Amounts Falling Due After More Than One Yoar
14
{25.264)
(25,264)
{25,2641
NET ASSETSIILIABILITIESI
36.023
3.337
39.360
{51
FUNDS OF THE CHARITY
Reslricled Funds
UnTeslricted Funds
24,108
15.252
24.108
124.113
TOTAL FUNDS
16
39,360
151
On behalf of Ihe board
B Dulfy
Tru51ee
2S11012025
The notes on pages 8 10 12 forrn part ofthese financial Statemen￿.
Page 7

The Honeyrose Foundation
Notes to the Financial Statements
For The Year Ended 31 December 2024
1. General Inforniatlon
The Honeyrose Foundation is an LmincorpcKated charity registered Vlilh the Charity Conmnission, regislered tharity number 1109867. The
principal address is
2. Accountlng Pollcles
2.1. Basis of Preparation of Financial Statem•nt5
The financial slalemenls have been prepared In accordan￿ wlh the charib.es SORP (FRS 1021"A￿0UnIlng and Reporting by
Charitie5' Statement of Recommended Pra¢b"ce ap￿1¢ab￿ lo charibes pKepaiing their accouTrls in accordance with the Financial
Reporting Standard applicable in the VK and Republic of Irelar¥J IFRS 1021 leffeetive l January 20191" Financial Reporting Standard
102 The Financial Reporting Slandarfj applicable in UK and Republic of Ireland" and the Charities Act 2011.
The charity is a Public Be￿fil Ents'ty as defined ty FRS 102.
2.2. Tanglble Flxed Ass8ts and Depreciatlon
Tangible fixed assels a￿ measured at cost ￿s$ accumulaled deprecialion and any accumulated impalmenl10s5e5. Depreciation is
pra￿ded at ratès calculated lo writo off tho cost of tho fixed a888ts. 1088 thoir 06timaled r8Èidual valuè, over Ihoir expèclad uÈofiJl livas
on the following bases..
Motor Vehldes
Fixture5 & Fillings
20% Reduung balance
20% Reduong balance
2.3. Cash and Cash Equivalents
Cash and cash equivalenls are basic ffinanual assets aryl wKIL•Je cash in hand and deposits held at call wlh banks. other short-lerrn
highly liquid investments that mature in no more than Ilwee months from ihe date of acquisits'on and are readily convertible to a kno¥¥n
amcxjnt of cash wth insignificant iisk of change in value. aThJ bank overdrafts.
3. Income fmm Donatlons and Legacles
2024
2023
Unrèstrlctod
Unrastrlcted
funds
fund5
Donations aNI gifts
29,466
37,152
4. Incom8 from Other Tradsng Activitie5
2024
2023
Unrestricted
funds
Unrestrlcted
tunds
Shop income
87,771
67,244
5. Other In¢om¢
2024
2023
Unrostrlctod
funds
Unrestricted
funds
Other income type A
1.510
1,110
Page 8

The Honeyrose Foundation
Notes to the Financial Statements (continued}
For The Year Ended 31 December 2024
6. Net IncomèllExpenditurel
The nel In¢(￿e is staled after chaig1@{credilirwJ)=
2024
2023
Oepretiallon of langlbk fixed assets- ovmed
3,127
3,661
7. Anatysls of Expgndlture
2024
Activities
undertaken
directly
Support cosis
{see note 8)
Total
Aai3illg fiJnd¥
ottr￿ trading aclivilie5
Other resources expended
1.724
59.660
1,724
69.258
3.127
9,598
3.127
61,384
12,72S
74,109
2023
Activlties
undertaken
di￿1￿
Support costs
(see rtote 81
Total
Raising fijnds
Olher trading aclivilies
Olher resources expende
871
871
63,164
13,194
3.661
76,358
3.661
64,035
16,855
80,890
Suppori Costs
2024
Othèr
resources
expended
Other trading
activities
Total
Premises expenses
General adnlnislration
8,713
8,713
885
DeP￿CIatIOn
3.127
3,127
9,598
3,127
12,725
2023
Othgr
resources
expended
Other trading
activities
Total
Premises expenses
General administration
12,575
619
12,575
619
Dewecaalion
3.661
3,661
13.194
3.661
16.855
P•3e 9

The Honeyrose Foundation
Notes to the Financial Statements (Continued)
For The Year Ended 31 December 2024
9. Indépendent Examingrfs Remuneration
2024
2023
Independent examinati￿ of the finanoal statements
Olher assurance Se￿1¢e8
720
450
Tax adthsory services
Other financial seN¢ces
720
450
10. Staff Costs
Slaff cosls were as follovts..
2024
2023
Wages and salaries
59,452
61,993
No efflployees received employee benefits (eX￿￿￿1ng employer pen5wJn cos15) fiN Ihe repoFting peri(MJ of more than £60,000.
11. Average Number of Employtres
Average number of employees during the year was.. 4 (2023.. 41
12. Tangible Assets
Motor Vehicles
Fixture5 &
Fittings
Total
Cost
As al 1 Jarwary 2024
Additions
12.424
70,030
14
82.454
14
As a131 December 2024
12,424
70,044
82.468
Depreclaiion
As al 1 January 2024
Provided during the period
8,353
814
58,479
2.313
66.832
3,127
As at 31 De￿rnber 2024
9.167
60.792
69,959
Net Book Value
As al 310ecember 2024
3.257
9.252
12,509
As at 1 January 2024
4,071
11,551
15.622
13. Creditors.. Amounts FallSng Oue ?￿thIn One Year
2024
2023
Bank loans and overdrafts
Acciuals and deferred in¢ome
6,274
720
6,274
720
6.994
6,994
Page 10

The Honeyrose Foundation
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
14. Credltors= Amounts Fallln9 Due After More Than One Year
2024
2023
Bank loans
25.264
25.264
15. Loans
anatysis of the maturity of loang is given below:
2024
2023
Amounts lalling due Nwthin one year or on demarKI-.
Bank loans
6,274
6.274
2024
2023
Arnounls falling due be￿en one and five years:
Bank loans
25,264
25,284
16. Movement In Funds
Asat31
Decgmber
2024
Asat1
January 2024
In¢ome
Expendtture
Unrestrlcted funds
General..
Gener￿ unre511i¢led lur)d
Restricted funds
123.1371
118.747
180.3581
15.252
Restri¢led lund
24.108
24.108
Total lunds
971
118.747
180,358}
39,360
Asat31
Decomber
2023
Asat1
January 2023
Income
Expendhurn
Unrtttri¢tod funds
General..
General unreslricled ftmd
RKtrlct•d funds
(44,886)
105,506
184.733}
{24,1131
Restricted tund
24.108
24.108
Total funds
120.7781
105,506
184.7331
15)
17. Transaction$ with Trustses
During the year the expenses ￿iMbU￿ed lo Ihe Iruslees or paid diredty lo third partVè5 as follows..
Page 11

The Honeyrose Foundation
Notes to the Financial Statements Icontinued
For The Year Ended 31 December 2024
2024
2023
18. Rolat¥d Party Dlsclosur8s
Page 12

The Honeyrose Foundation
Detailed Statement of Financial Activities
For The Year Ended 31 December 2024
2024
2023
Total
funds
Totsl
fund$
INCOME AND ENDOWMENTS FROM..
Donatlons and legacies
Donab'ons and gifts
29,466
37,152
29,466
37.152
Other tradlng activitlo$
Shop income
87,771
67,244
87.771
67.244
other
Olher income type A
1.510
1,110
1,510
1.110
118,747
105,5(k8
EXPENDITURE ON:
Ral$lng lund$
Staging fundraisiThJ evenls
Vehicle wunning costs
{4221
11.3021
{293}
1578)
11.724)
18711
Charitable Activ1￿09..
Other tradlng actlvlties
Advertising, marketing, direct mail and publliity
Wdges and salarie5
Support and administration costs
Rale5
Light and heal
Repairs and maintenan
Telecommunications
Accountancy fees
Surmlry expen5e5
1121
(59,4521
1196)
12.191}
{3.5981
{2.9241
11391
1720)
126)
14021
161,993}
17691
(4.1401
{8,4351
14501
1169}
169,258}
176,3581
Oth•r resourcos ex￿nd
Depreciation of molor vehirjes
Depreciation of fixiures and fillings
18141
{2,3131
{1,0181
12,6431
13,1271
13,6611
other
Olher expenditure type A
16,249}
{3,843}
16,2491
13,8431
180,3581
184,7331
NET INCOME
38,389
20.773
Page 13