Company registration number: 05178677 Charity registration number: 1110395
## Hyndburn Voluntary & Community Resource Centre Ltd.
(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 30 September 2025
KM 1st Floor, Block C The Wharf Manchester Road Burnley Lancashire BB11 1JG
## **Hyndburn Voluntary & Community Resource Centre Ltd.**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 4|
|Independent Examiner's Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8 to 13|
## **Hyndburn Voluntary & Community Resource Centre Ltd.**
## **Reference and Administrative Details**
**Trustees** Mrs E L Barker Mrs J Bury Mr R Cocklin Mr G Coglan Mrs P Dobson Mr M H Leeming Mr G Mason Mrs K Ormerod Mr T Preston Mrs A P Rowland **Charity Registration Number** 1110395 **Company Registration Number** 05178677 **Registered Office** St James Old School Cannon Street Accrington Lancashire BB5 2ER **Independent Examiner** KM 1st Floor, Block C The Wharf Manchester Road Burnley Lancashire BB11 1JG **Bankers** Virgin Money 25 Manchester Road Burnley Lancashire BB11 1HX
Page 1
## **Hyndburn Voluntary & Community Resource Centre Ltd.**
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 30 September 2025.
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Mrs E L Barker Mrs J Bury Mr R Cocklin (appointed 1 February 2025) Mr G Coglan Mrs P Dobson Mr M H Leeming (appointed 1 February 2025) Mr G Mason (appointed 17 March 2025) Mrs K Ormerod (appointed 1 February 2025) Mr T Preston (appointed 17 March 2025) Mrs A P Rowland
A new manager Andrew has come on board. He has experience of grants and funding, and is helping to make sure the building is covered on all days with a member of the management team. Cuts have been taken in pay to other members of the team to enable this.
## **Objectives and activities**
The objects of the charity are:
for the benefit of the public in Hyndburn and surrounding area:
(1) The promotion of the effective use of resources for charitable purposes and non-charitable bodies; and
(2) In the interests of social welfare, to improve the conditions of life of the inhabitants of the area of benefit without distinction of political, religious or other opinions: in particular but not exclusively by the provision and maintenance of a community resource centre.
The charity achieves its objects by the operation of the Resource Centre in Accrington, which is let on a 25 year lease, with no rent, from Hyndburn Borough Council.
## **Financial review**
The charity's recurring income consists of rent received from community groups and other users. This source of income has increased from the prior year due to increased activity.
The trustees consider it prudent to hold unrestricted reserves to enable it to perform its operations. The level of unrestricted reserves on 30 September 2025 was £16,049, which is just below 3 months normal resources expended. The trustees consider this level of reserves is sufficient.
## **Public benefit**
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Page 2
## **Hyndburn Voluntary & Community Resource Centre Ltd.**
## **Trustees' Report**
## **Achievements and performance**
The principal funding source continues to be rent received on the hire of hall. The building is still not being used to capacity.
Works on the roof have now been completed and so hopefully all leaks will stop. A new fire alarm system has been installed and further IT equipment has been purchased and installed to help enhance the training facilities.
In terms of general up keep, we have now had the windows cleaned every six months; small maintenance work has been completed to improve communal areas; and, we have had the decorator in to paint our new board room which fits up to 14 people, we have him booked in again later this year to paint the first-floor landing and generally maintain communal areas.
Activities taking place include:
Dance Syndrome (Downs Syndrome Dancers), Red Rose Recovery run a craft group one morning, a mens group and a first aid course open to all. There are also two narcotics groups; Accrington Blind society (they complete the talking books for the blind, a service that is a lifeline to many). Furthermore, there is also a spiritual awareness group; fire safety training sessions; and a Warm Space which takes place on a Friday. Nelson and College College come four days a week during term time to make use of the training rooms we have set up; finally, a new management office was created when ACT left in the previous year from the front reception area.
In the building we still have tenants, all of which offer support to the community in various roles.
## **Funding and Grants**
Since the year end solar panels have been installed as well as TRVs for the heating. Funding has been obtained towards these. All of these actions would reduce our operating costs significantly.
## **Structure, governance and management**
The organisation is a charitable company limited by guarantee, incorporated on 13 July 2004. It is governed by its Articles last revised in 2005. The trustees are in the final stages of converting from a company limited by guarantee to a Charitable Incorporated Organisation.
## **Recruitment and appointment of trustees**
The Trustees are appointed by existing trustees as vacancies arise and/or additional skills are needed.
## **Risk Management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Page 3
## **Hyndburn Voluntary & Community Resource Centre Ltd.**
## **Trustees' Report**
## **Small companies provision statement**
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on 29 June 2026 and signed on its behalf by:
......................................... Mrs A P Rowland Trustee
Page 4
## **Hyndburn Voluntary & Community Resource Centre Ltd.**
## **Independent Examiner's Report to the trustees of Hyndburn Voluntary & Community Resource Centre Ltd. ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2025.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of Hyndburn Voluntary & Community Resource Centre Ltd. 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 2006 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 (FRS 102)].
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.
...................................... Mark Heaton FCCA FCIE DChA KM 1st Floor, Block C The Wharf Manchester Road Burnley Lancashire BB11 1JG
29 June 2026
Page 5
## **Hyndburn Voluntary & Community Resource Centre Ltd.**
## **Statement of Financial Activities for the Year Ended 30 September 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income from:**
Charitable activities
3
Total income
**Expenditure on:**
Charitable activities
4
Total expenditure
Net expenditure
Net movement in funds
**Reconciliation of funds**
Total funds brought
forward
Total funds carried
forward
12|**Unrestricted**
**funds**
**£**
66,270
66,270
(68,552)
(68,552)
(2,282)
(2,282)
18,331
16,049|**Restricted**
**funds**
**£**
17,515
17,515
(17,515)
(17,515)
-
-
-
-|**Total**
**2025**
**£**
83,785
83,785
(86,067)
(86,067)
(2,282)
(2,282)
18,331
16,049|**Unrestricted**
**funds**
**£**
59,020
59,020
(62,787)
(62,787)
(3,767)
(3,767)
22,098
18,331|**Total**
**2024**
**£**
59,020|
|---|---|---|---|---|---|
||||||59,020|
||||||(62,787)|
||||||(62,787)|
||||||(3,767)|
||||||(3,767)
22,098|
||||||18,331|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 12.
The notes on pages 8 to 13 form an integral part of these financial statements. Page 6
## **Hyndburn Voluntary & Community Resource Centre Ltd.**
## **(Registration number: 05178677) Balance Sheet as at 30 September 2025**
|**Note**
**Fixed assets**
Tangible assets
9
**Current assets**
Debtors
10
Cash at bank and in hand
**Creditors: Amounts falling due within one year**
11
**Net current assets**
**Net assets**
**Funds of the charity:**
**Unrestricted income funds**
Unrestricted funds
**Total funds**
12|**2025**
**£**
-
5,175
15,770
20,945
(4,896)
16,049
16,049
16,049
16,049|**2024**
**£**
2,270
5,561
16,071|
|---|---|---|
|||21,632
(5,571)|
|||16,061|
|||18,331|
|||18,331|
|||18,331|
For the financial year ending 30 September 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements on pages 6 to 13 were approved by the trustees, and authorised for issue on 29 June 2026 and signed on their behalf by:
......................................... Mrs A P Rowland Trustee
The notes on pages 8 to 13 form an integral part of these financial statements.
Page 7
## **Hyndburn Voluntary & Community Resource Centre Ltd.**
## **Notes to the Financial Statements for the Year Ended 30 September 2025**
## **1 Charity status**
The charity is limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is: St James Old School Cannon Street Accrington Lancashire BB5 2ER
These financial statements were authorised for issue by the trustees on 29 June 2026.
## **2 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
Hyndburn Voluntary & Community Resource Centre Ltd. meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Income**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Page 8
## **Hyndburn Voluntary & Community Resource Centre Ltd.**
## **Notes to the Financial Statements for the Year Ended 30 September 2025**
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
|**Asset class**|**Depreciation method and rate**|
|---|---|
|Plant and equipment|15% per annum reducing balance basis|
|Fixtures and fittings|15% per annum reducing balance basis|
|Computer equipment|33% per annum on cost|
## **Trade debtors**
Trade debtors are amounts due for services performed in the ordinary course of business.
## **Trade creditors**
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Page 9
## **Hyndburn Voluntary & Community Resource Centre Ltd.**
## **Notes to the Financial Statements for the Year Ended 30 September 2025**
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
## **3 Income from charitable activities**
|**Unrestricted**
**funds**
**General**
**£**
Rents received
66,270
Building refurbishment
-
66,270
**4**
**Expenditure on charitable activities**
**Unrestricted**
**funds**
**Note**
**General**
**£**
Community centre
expenses
36,857
Staff costs
7
27,392
Governance costs
5
4,303
68,552|**Restricted**
**funds**
**£**
-
17,515
17,515
**Restricted**
**funds**
**£**
17,515
-
-
17,515|**Total**
**2025**
**£**
66,270
17,515
83,785
**Total**
**2025**
**£**
54,372
27,392
4,303
86,067|**Total**
**2024**
**£**
59,020
-|
|---|---|---|---|
||||59,020|
||||**Total**
**2024**
**£**
36,507
22,346
3,934|
||||62,787|
## **5 Analysis of governance and support costs**
## **Governance costs**
## **Unrestricted**
||**Unrestricted**|||
|---|---|---|---|
|Independent examiner's fee
Accountancy fee
Legal fees|**funds**
**General**
**£**
1,500
2,700
103
4,303|**Total**
**2025**
**£**
1,500
2,700
103
4,303|**Total**
**2024**
**£**
1,500
2,400
34|
||||3,934|
Page 10
## **Hyndburn Voluntary & Community Resource Centre Ltd.**
## **Notes to the Financial Statements for the Year Ended 30 September 2025**
## **6 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
## **7 Staff costs**
The aggregate payroll costs were as follows:
|**Staff costs during the year were:**
Wages and salaries|**2025**
**£**
27,392|**2024**
**£**
22,346|
|---|---|---|
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
|Administration|**2025**
**No**
5|**2024**
**No**
5|
|---|---|---|
No employee received emoluments of more than £60,000 during the year.
## **8 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
Page 11
## **Hyndburn Voluntary & Community Resource Centre Ltd.**
## **Notes to the Financial Statements for the Year Ended 30 September 2025**
## **9 Tangible fixed assets**
|**Cost**
At 1 October 2024
At 30 September 2025
**Depreciation**
At 1 October 2024
Charge for the year
At 30 September 2025
**Net book value**
At 30 September 2025
At 30 September 2024
**10 Debtors**
Trade debtors
Other debtors
**11 Creditors: amounts falling due within one year**
Trade creditors
Other taxation and social security
Other creditors
Accruals||**Furniture and**
**equipment**
**£**
28,940
28,940
26,670
2,270
28,940
-
2,270
**2025**
**£**
5,175
-
5,175
**2025**
**£**
2,734
465
-
1,697
4,896|**Furniture and**
**equipment**
**£**
28,940
28,940
26,670
2,270
28,940
-
2,270
**2025**
**£**
5,175
-
5,175
**2025**
**£**
2,734
465
-
1,697
4,896|**Total**
**£**
28,940
28,940
26,670
2,270
28,940
-
2,270
**2024**
**£**
5,501
60|
|---|---|---|---|---|
|||28,940|||
|||26,670
2,270|||
|||28,940|||
|||-|||
|||2,270|||
|||**2025**
**£**
5,175
-
5,175
**2025**
**£**
2,734
465
-
1,697
4,896|||
|||||5,561|
|||||**2024**
**£**
221
440
3,213
1,697|
|||||5,571|
Page 12
## **Hyndburn Voluntary & Community Resource Centre Ltd.**
## **Notes to the Financial Statements for the Year Ended 30 September 2025**
## **12 Funds**
|**Unrestricted funds**
General
**Restricted funds**
National Lottery
**Total funds**
**Unrestricted funds**
General|**Balance at 1**
**October 2024**
**£**
18,331
-
18,331
**Balance at 1**
**October 2023**
**£**
22,098|**Incoming**
**resources**
**£**
66,270
17,515
83,785
**Incoming**
**resources**
**£**
59,020|**Resources**
**expended**
**£**
(68,552)
(17,515)
(86,067)
**Resources**
**expended**
**£**
(62,787)|**Balance at 30**
**September**
**2025**
**£**
16,049
-|
|---|---|---|---|---|
|||||16,049|
|||||**Balance at 30**
**September**
**2024**
**£**
18,331|
## **13 Analysis of net assets between funds**
|Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets|**Unrestricted**
**funds**
**General**
**£**
20,945
(4,896)
16,049
**Unrestricted**
**funds**
**General**
**£**
2,270
21,632
(5,571)
18,331|**Total funds at**
**30 September**
**2025**
**£**
20,945
(4,896)|
|---|---|---|
|||16,049|
|||**Total funds at**
**30 September**
**2024**
**£**
2,270
21,632
(5,571)|
|||18,331|
Page 13