2024-10-31-accounts

REGi%fERED COMPANY NUMBER: I￿￿472319 (Ell￿•￿d w￿¢8 REGISTERED CHARTfY NUMBEIL. IIIQ683 R¢pDrt Df the Trnrtees xnd Uniudlted Fl#iffirlal Statenmtj fur the Ye*r Emded 31 O¢¢ober 2024 Bd11n￿￿ll lttili•tivc Tru 2 kn'n8fi$hff Buginess Patk Artbur Str¢¢t Reddit¢h B98 BLG

BoIlin￿on IDiti•tive Trnst cont￿(1 of the Fin•Do•l Si41ements for tbe l'ear ended 31 Ortober 21124 PARt Report ofthe llldqxBdtlli ExAminer'• Rwrt St•tomemt rf Finom¢ial Artivitiej B*l#ntt Shtet Nolu ID the Fbnw¢ixl Statemtnts 11 ￿ 12 Ilel#iled Stlternllt of FinAll¢l￿ Adii'ili 13

Report of the ThieeJ for the l'ear en(kd 31 2024 The tThstttg are also directoTr of the charity for the purNM of the Cornpanies Act 2(K16, PTeJ¢nt their report wtih the fIn￿cIal st&tcmcnts of thc charity for thc l'ear cndcd 31 (kI0￿y 2024. The ¢rUS￿ hai'c adoptcd the proi'isions ofAecountin¥ and Rcportin¥ . Chariiies.. Sthiem¢DI o( Reconunended Prxtice 4)plicable to charilies prep¥in8 their acci)unts in x£ordance M'iih the FinanciAI Rcp)rtin8 Standard applicablc in thc UK Republic of IrelAnd {FRS 1021 (¢ff￿h1'¢ l JanuaTh' 2019}. OBJEcfivES AND AcftvmES Obie¢tii'es #imi BIT 15 a Cornpan￿ Limited b). Guarmtee ICLG) ond a ff81$¢er￿ charity. I I IVCI83) Nthich helps io pres¢n'e Bollington's uniqu¢ cni irontncni and hcrilag¢. for thc bcncfil of our locol ¢ommuntl)" throu¥h th¢ quis&iiott and mana8CmLTt of land ond builditi¥J Mthich mm. otheniise be lo￿ or developed for PTii"ate g￿tOr housin8. Bifs charitlblc obJLxlives are.. o To promot¢ the ¢onsm"ation, pro￿￿¢0￿ and Improi'cm￿I of the ph)%icJl Jnd nthrai eniironmenl of Bollinglon and its surroundiny ar¢4. o To promol¢ th¢ bcnefi¢ of Ibe itihabit￿t6 of Bollington and the suThoundin8 ar¢As Mithoui distinction of K scxual oricnlalion. rx¢ or of polilical. reli¥ious OT oiher opinions. h. asso¢iAtion t0￿ether H'ith said inhabitants and the lo¢ql authorifv. i"olunlats' and othcr or8anis￿lons in n ￿mmon ¢ffort lo r411'on¢¢ education and to proi'idc facilities and s¢r%"ic¢s in th¢ int¢r¢st$ of social ii'clfarc. for the rccrcaiion and othcr Icisurc limc occupalioll iiith th¢ obj¢ciii'¢ of improi'ing thc condiiion of lile ofthe said inhobii•)ts. Public benefit The charih s hair ¢ompli¢d iiiih the duty. in *ction 4 of the 21MKI Act to hffir due Te8wd lo public benefit BvidAnce publish¢d b) th¢ Charifv Con￿18810n. PMg¢ I

BollingtoD Initiatfvt Trn8t Rwort of the Trnylefs for the i'CAr endLYI 31 O¢¢thr 2024 ACHIEVEMENT AI¥D PERFORMANCE Cbrit¥ble artiiiti BIT is loc￿1￿. rO0￿d and ha5 SUPP)rtcd the IIKal con￿￿wIl￿. ￿ delii.er crncial COn￿unity. prOj￿ts and busfttt¢ss¢8, lo build a siTon¥er comrnuniiv. prot¢¢l its h¢rita8e and support ¢nt¢rpris¢ in the toiim. Our proj¢cts hai'e shi'ed thTee community osxts. Supp{￿ N'o local busine&4￿. enabled tmrli'c jobs in ￿111￿810￿ proiidcd xccss ts) w&Jdland for thousands of pcople everv Our ¢unM¢ properties include.. Tinkcry Wood This delightful arra of mi¥ol MDodlaAd is in communih. hands through the efforts of BIT. A path built through the Clough i'w, )cN5 D80 bui thw¢ il'as then liiile and mninlcn4w¢e. BIT has reS￿￿d thc Clou¥b. returned it to public usc JllQillloins ¢e8J. Si¥nifi¢anl funds ii'ere r#is¢d to produce a mgna¥¢ment plan. fell some oi'er matur¢ trert. irnPTOi'e the drainau¢. creth more light to the 8mund flor& r¢¢onstru¢l A footpath bridge thnd ¢r¢¢l a slonc plinth rnountcd si8n. Thc prci'iovs Bollin8ton N¢i8hbourhood Plan produced a rnap of local i&ildlifc sitcs maps of hfjbi￿ dislinctii'eness. Flir arcos M'erc idenlified as loc)t ivildlif¢ $if¢B 0[h￿h ialuc. One o1th¢ge file ar¢aB was Tinkerg Clough. In llddiiion. commullih. fccdbxk gathcrcd for that N¢iyhlM)uth￿d Plan idenlified Tink¢ry Clou¥h as thc fourth mogt important specific open sP￿t in &)Ilin¥lon. The Clough is leuled And rnaintsined by BIT mid is tm important notural habi￿ for people Dnd pthi¢ularlv children ￿ ii8lt os Nrll 0$ proiidinm a iiial link bctivccll thc Middl¢M'(K)d WJI. and thc conol In 2n23-24 our fo¢￿ haj iwi on maint)inini lh¢ wat¢rcourycs. pathH'•)'I the brid8¢ throu8h the Ciou8h and ensurin8 thc trces 'ithin il w¢ prop¢rh. for. We Tesulath. infyp¢cl the tyeei in the Clough and. as ¢xpe¢led. wt h•ie identified our A8h And Elm treej in p￿l¢u10r hawe been Sl8niftcnnify impwted b). dt8ease ￿d that ￿'C needed lo do some moTe ii'ork on thes¢. This 1$ necessary to keep the CIou8h open io the public, Thi$ il'ill bc donc ID 2L125. W¢ hJi¢ ncd¢d to rnisc oddilional fund$ to pJ%. for this Dnd ii'c are in¢r¢dibl)' 8ruful io th¢ Adelphi Group. Bollinglon Council. Culler Cleaning Suppliv Ltd 4md R A for their i'¢Tr' 8¢nerous contribution8 thich i%'ill gupport thij w.0￿.. THi¢c in Swmb¢r 2024. th¢ K¢mdg¢ Rid¥c and Inyml¢v V4lo IKRTV) i'olunlccrs turn¢d oul in for¢c to do maintcnww M'ork in the CIoM8h. Thvj. replllced st¢ps. eleor¢d th¢ pjth drains. cui b￿k oi'cr8roM'inB I'egelation ot the entTOiice. in8lalled nfflv leak%, dmns io Slo￿ il'atcr now and irfjp $ili. r¢infor¢¢d thc nc%i to th¢ brid8¢ and built up thc L￿1$(Ing portial dam nc¥l to the ii'aicr ¢hui¢. The¥. Tnstslled dditionnl biTd box¢s. The M'ere joined b)" a numkr of emplo!'ee i'olun¢rn from the Adelphi Group ii'ho Th in lh¢ ncath. Adclphi Mill. Tinkern CIou8h rernaini ￿ importwt nattTrnI auet for Use h. th¢ local Community.. al prn'iousty indicated in the r￿ponSe1 to th¢ N¢i¥hbourhood Plan. li contsnucs ￿ b¢ ug¢d ￿. thousands of pc¥Jplc i'¢ar iti¢ludin¥ families. do8 Maik¢rs. Jo￿¢T$ und those just oui for a stroll in the open air. It is also used by some groups on an orwised baBiJ Md. this l'ear. som¢ 8roup$ hai'e used it for open oir m¢dA1￿10￿ li hus bccn uscd for N'ocmlcrnft il ii'lls Port of th¢ roulc lor thc minual Bollin8lon Thr¢¢ Pe￿5 Fcll kn¢ or8onis¢d b). Bolltrtw)n H￿Tle￿. T•rnrfJ LDd8¢ Th¢ disus¢d toil¢t block in Bollington S￿Dd empty" 4u)d htyj bLYn drtcrior0ll￿ for wvcral i'cthrn. BIT identified 118 pol¢ttlial value locall!. and Jn trmsfer. Wilh partn¢r8. M'e rai￿1 hnds to restor¢ coni'ert the buildin8 to an ¢n¢ryi' ¢ifi¢icnl 01T￿¢. In doin8 Kl. th¢ projecl ￿'￿ts rLw8nigcd bi. Historic Englartd as an cx¢mplar. In 2023-24. our ¢mpha8i$ has been on enJvrin8 th¢ r¢lation8hip Mith the existing 1¢n￿l. Simplicity. Granite. r¢mains good and iiE ¢onlinuc to support a local busth¢s$ lo rcmain in Bollin¥ion. Conscqucnily. ple&s¢d lo r¢port thal H'e are in di8ew$ions with th¢m abo￿1 r¢ttewing their lease Mith ll$. The Water Sireet Ccntrt Our I￿g¢St PfOPLTtr.4' is the WaL¢r StrL*l Ccntrc. FolloM"in8 a ¢oAnmunitv asscl tran$l¢r fn)m ch￿ir¢ Easi Councd. BIT hai"¢ suc¢essfulh. maThu8ed the WoteT Stred Centr¢ - a former 5econdoTh" school in the centre of Bollin8ton and in the ￿nsM.atiOn are BIT n(A lak¢n thc wopcrt!" iTrlo communiti. hands. il is MO￿ lik¢l) th¢ building ivould hav¢ b¢¢tt xTrld and turned illlo flfjL8 thus remoiin8 a iilal space foT community UK. The ¢enlr¢ nom ho8¢s 4 thrii'ing. chxitabl¢. pre-8¢hool on the ¥round floor wtho hm'e renem'ed th¢r IvA8¢ and highly successful tr(￿ of rainlx)Mry. browmies and 8irl 8uid¢s on th¢ fijyi floor. Pa8e 2

BoIlin￿oI ImTli•¢ive Trn Reffi ofthe Truqte for the i'e•r eoded 31 Ortober 2024 Our aitll is to ¢re8le an ￿CessIbl¢ and %ibraTrt family hub in Bouinglon OVLY two tloors at th¢ Watcr Street C¢Atr¢. The buildin8 quired rehrbishment artd re¢onfi¥wation to xhieie thi$. In prnious l'ear5 w'e h￿¢.. in$thll¢d nem" boiicrs and ￿llets on the fwsi floor. This WYJTk' Ivas completed in 2021. - •'mpath¢ti¢alli' r¢placL4 the Victorian r(M)f using th¢ cxi51ing roof sles. This H'as i Thajor £TerciAe and compl￿￿ in 21Tr22. rcplaccd some illicmal ¢cdiD86. repain￿d r￿￿$ instsllcd neil. floor eoi'¢riA8s on the fwsi floor. Thi$ was donc Februan" and Mar¢h 21123. - moi'cd and rec￿￿rigur¢d the kih¢n m. This completcd in April 2023. W¢ hair fjlso r¢pla¢cd the iVar hcatsr on the ground floor. In totDI. hw4e r8wd wound £350.000 in fundin8 411 of ithich ha5 ini'cstL4 in r¢furtishinB the buildin8. IN 2023-2024. much of BITS energies hm"e 4ain beL￿ focus8¢d on th¢ Wa¢¢r Str￿t Centr¢ and M'e are d¢li¥hted to Teport th9¢ M"¢ 'ere Able to mak.e furthu pro8r¢si toward8 our oi'erall i'ision. Th¢ fJn¢ floor is I￿1￿. open for ￿ditiOnal wnununits. alld w¢ noiv hmr a ol th4ditiono1 r¢8ular users on￿lT b￿kIn￿$. Lwking fonvaTd. Ive need to conliAU¢ to grom. ustt8c of the first floor wd. in du¢ course. creot¢ better acces$ through the all￿10￿ of a lift. Creauns this xcess iiiil b¢ expenBii"e and con Ollh. thk¢ pl￿¢ as funding pcrniit8. As Choir of thc Board of Dir￿t0[5 ATh1 Trn$l¢os, l ivould likc to thank all ihosc in thc commwiiti who h41"c 5UPWrted BIT ill go mani dilTeTent w"m'8. Thi• is i'en. much AppreCI￿ed. l iiould alyo like lo thank the companies. truyts. foundjtions And indTI'idual donors M'ho hm'c scen th¢ polcnlial in thc propcrtics BIT is n)Anogin8. Withoui ihcir trnsl Ottd ¢onfidcrtcc. M'c H"ould noi hfji¢ hjd thc T¢source8 need Lo moL¢ pro¥r¢¥s. Finalli.. l iiould liK¢ w ihank mi. fellom DirecÈors. m¢mber5 of the mana¥emenl ¢ommiiiee and a ho31 of indii'iduals ivho hm'e iolunl¢C￿d cquipmcnl ond th¢ir pcrx)nal timc and ctrort. .411 of you offcr vour time. ener￿. md ¢0mmilttb￿t on nn entireli iolwiltiTh bosis for thc bencfll ol th¢ I￿al ¢omrnunit)'. Without i'ou. could haie come go far in quirins, drntlopinB and maintoinin8 th¢ Ihre¢ propcrtiei for iithi¢h th¢ chanh. is responsible. FINANCIAL REVIEW Rueft.￿ policv Th¢ trusi¢¢$' poli¢¥' on reThes is to maintain rc8m%i 8u¢h that our bud8¢led opeNin8 eoBts of the charity Can be coitred for the n¢￿ 12 months at N)inl in limc. FOT 2024125 thi$ has b￿A foTccasI as £12.L)00. In JdillOlI. thc Itusiccs eon$id¢r il C$￿￿11a1 io ¢am' foTh'Drd desIgn￿ed re￿ne$ 8yITi¢ienl lo Meet ihe i'i8ion of fhe chaTitI' and tn partieuljr ￿ meet hture obli8atiOn8 on the mainlLYIan￿ ond repair of War Strcd School. Thc fCSCf4"¢S N)lith' is kq>l undcr onnuul M'icm.. STRlI(ItIRE, GOVERNANCE AND MANAGEMENT Goi'erninx (IDcum¢nt Thc chDrit%' is controll¢d by ill 801'¢rnin8 d￿￿m￿l. a d¢ol of trust. COn￿ltu1¢S o limilcd ￿mp￿).. limitcd b). 8uaMlee. defmed by th¢ CompMie$ Act 2¢)¢K). R¢crni¢ttwffjt appointmtht ofn¢' ¢ru•tc Appointsn¢nt of trus¢e¢¥ is goirrned h. the Memorandum And Articles of Asfjo¢ialion. The charili is 8 comp￿￿.. limi￿d b>. Buwon￿¢ Artd Mas incorporal¢d on 24th oC￿be[ 2002. 11 1$ goi'crncd h. rnemorandvm l￿d ani¢leJ of association. The chwih. re￿Ister¢d iiith the Charifv Commission on 2nd Au¥u8121HII The trustees are rcsponsiblc for ploLlin8 th¢ 8tral¢8i¢ dirtttion of the ¢hority' oi'crsccing oll a￿$$ ori18 opcration. IndudlDD •nd trliniog of trnytc Ne￿. truslees Are ￿l"l$ed of their dulles bN' the existin8 IN5tcu ond ate proi"id¢d iiryth copies of pmious Irars ￿llnIS. The). are oITcrcd accus to traininB. if rcquired. are Inform￿ ofinfonnation and publicraions ffi'ailable throu8h th¢ ChaTity Commission. BIT haq a stsnding 4end8 Ihc ￿gInnIng of￿￿ trys*¢ mccl1￿ io enabl¢ declaraiion ofalli. ￿lU81 or poleniial confiicts or in¢¢Y¢8t. A tru5tce should declJe An!. ini¢rc5t Hthich he or she has ih an item to be discussed at the ewliest possible opportunity. and ¢¢rtaitity bclorc discussion of th¢ itsclf. l( a trustee is lu1¢￿ain I&l￿er OT not h¢ or sh¢ is co1￿1¢(ed. h¢ or th¢ should err on ihe $id¢ of openness. de£laTing tb¢ iuue and digcu85ing it thith the other trustee5. If 4 tru￿¢¢ is of an unde¢laYEd conflict of inl¢r¢8t aff¢¢titi8 anoth(T tTuslcc. should notifi. the othcr trn$t¢¢8 or thc Chair. REFERENCE AND ADMINISTRATIVE DETAIiS ryitered Comp•n!' n¥mber 04571319 (England and Wal¢$) Page 3

I IL0683 W•t¢r Strcd CenDr wai￿ Stre IlolliD8ton SKIOSPB G C B•ttow J Fi)mn LOHwnF PSHunty S W Spirtki M P Wiikn'nB D S Hathll¢loo Nth m¢L￿g￿lill FCPA NIIM Arcount8 2 Kin#fi•h¢r Bu•thw Pxk Arthur Stye4 R￿J1h B91 BIAJ SrATEMzi￿ OF TrusfERS' RFSPOP4SIBILmFS The twJt¢¢• (•wtr•) are di￿¢0￿ o(P4)IhD8t￿ thI￿tiVe Thwt R>r th¢ of coln[￿Y knwl 4re reqx¥nwbl¢ f￿ prepont)8 tht ofth¢TnMwM the finwwl Mal¢m￿ts in with aHylt&l• law and Uni41 Kin8dm A￿u￿tI￿O Sthud•tth Cryy law WEquirH tk prEp￿t fin1￿1 fin•Kial YM xlvo A aThl fair view of th¢ f AffiiTX of the ¢h•rithble c4w md of the inctyniog re40wca ¥piiutM>n vf tho •thl ¢xp¢ndityrn. ofth¢hritble compry fw that wtod. In pYew'n8 dm￿ fin￿￿81 thtements. th$ aTE rr4wiTed obxr%% the n￿bl￿ pri1￿1P1￿ itt ¢he Chln'ty SORP. i¥rtinw> in buinc•L of tho ch•ri¢thb and to a￿le them ts) ¢lw¢ th¢ fkllthcwi ¢onyty with th• CthY4xnio A¢t 2(X)6. Th•y •ft al￿ rc•p)Miblc for MfEwrthnB of thE chRritthle and kn for tthni remon￿1¢ it¢p8 for I ev￿110￿ d¢t¢(ti￿ of Indother iryepl by ofttuthuon 3 Atffil 2025 a￿1 •i8ueAI on its bdjdfby. S W Spth. Tn¢4 P4e4

In(kpendent Report to TTrs¢eeJ of Bdli•eton lttiti4tive Tr￿t ReApeth¢ rupmjibilititt of d1red0r￿rUthu exmi#er The ch¥ih's lThst¢¢s ￿spOnsible for the preparation of the xcounts. Th¢ ¢hants's ITuslees consider that an audit is not Tequittd for this J"¢ar und¢r S¢¢tioD 144 ofthc Cborilies A¢t 2011 lthe Ch¥Aii¢s A¢ll and that an indepcnd¢nl ¢.umination is needed. ¢xamiD¢ th¢ wjwits wider Sectson 145 of the Ch¥iti¢5 Act. to folloii" the procedures l￿d domm in th¢ 8¢n¢ral Dire£tions SI￿¢rt h" the afÉh. CoDUlli88iOn ￿ sle M'hcther particulor mthrs h￿.¢ come lo mv atl(tion. M%. eKOrninatiOn 1108 ¢wried ¢Jul in xcordanc¢ iiith 8encral Directions gii'¢n h. the Chwih. Commission. An &wnination includes rN'im%' of the ￿￿oll￿(l￿9 re¢ord$ k¢p¢ b). thc chorih. 4 ¢ompanson o( thc xcounts pr¢wl¢d ii'ith those rttord$. It also includes onsideration of any unuytsal it¢mg or disclosures in th¢ ￿￿￿ts. and seekin8 eN)lanation$ from the t￿Stee8 ¢on¢¢rnirtg h' such mr5. The procedures undeTIkn do ttoi proiide all the ¢iidence that ii'ould bc required itt att ￿all. IT￿ Cojjseque￿h. no OPiDiO is gii'en A8 to ivhether the ￿o￿Thts pr¢8ent a 'true and fAirf iiem. and the re￿rt is limited to th0￿ mal¢er5 set out in th¢ g¢atement In conneclion iiith mi. eX￿lO￿tIOn, no matter ¢ome to mi. attention . ￿th1¢h gii'cs mc reasonabl¢ to bclici'c in mi!, moi¢rial r¢sp￿t. thc rcquir¢m¢Ats'. - ￿ k¢¢p a¢¢ounling records in Xc0rd￿cC I￿1h S￿lI0n 13U of ihe Choriiics Acl: md - lo pr¢paw accounts Mhich ￿e0rd Mith th¢ ￿¢￿ntIng rccords ¢ompl}' I￿1th thc a¢fountlll8 records. and comph, ￿1th the ountin8 trquir¢meots o(thc Charities Ad haic not b¢¢n m¢t. or 2. 10 iithich. in m>, opinioty *niion ihould b¢ in ordeT ￿ enoble a prop¢r undetslanding of the ￿0￿nts to b¢ r¢xhed. Nathan M¢LJu¥hlin FCPA NHM Acwunts 2 Kinyfish¢r BusiD￿ Patk ArthuT Str¢¢t R¢￿11¢h BYX BLG 3 April 21125 P88e S

Bolling¢o• IMitilive Tru St¥tenYnt of Fimncial ActiJitieJ for thL' i'￿T ended 31 Odobtr 2024 2024 2023 Totsi fund$ funds No$ INCOME AND ENDOWMENIS FROM Don￿lon$ ond le¥xies 3284 Cbwi¢•bk adii.iti Ctherat 2,460 .iJio 7.810 17,683 Injrstment income 20.732 20.732 19. Total 23.195 5.349 2¥.544 40.V57 EXTENDITURE ON Raigin8 funds 6J3 6J3 Ch•ri¢abk A¢tiii¢i CKn¢ral 2..176 17,231 IIK).171 1.1 J08 2.576 17.11%4 10(i,171 NET INCOMEI(EXPENDrruRE Trnifff l•etween fundj 7.887 11.33¥) 2,773 lJ3¥ 10,61 (66.1141 Net n￿veMe#t ID fyndi (?,14y (66,1141 RECONCILIATION OF FUNDS Told funds brought fonvttd 33.7CI8 34.341 TOTAL FUNDS CARRIED FORWARD 40.317 4.6¥4 4S,IlVI 34.341 The nos fonD Part ofth¢s¢ fwncial slalcmenis Page 6

Ji (ktr 2•24 2024 2023 Total fjjnds FIXLD A&8KTS T4ll8ibl¢ 3.417 3,417 41 J83 C•&h at ink JO.720 40.316 45,01￿) 34.340 NKT CURRKKf ASS 40J16 45,IXIO 34 J40 40J17 45,Wl 34J41 L¥ET A8SKI 40J17 4.684 45.IX)I 34,341 FUNDS 40J17 4.684 33,768 $73 T(yfAL FVNDS 45,(Kll 34,341 31 Ocwbu 2024. Th¢ mthnkn hw• tho c4ryy ty Lthin ￿ thtdtt of its for the yetr 4YKW 31 Octobtt 21n4 in a¢¢Old￿ T￿th Section 476 k)fthe 2(4)6. Th¢ ITu#eu xknowl their rnwthibilitits f onwri0g1h￿ the chm"tllble compmy kew attothT¢¢4Yth eomply Tith SLXtiou 386 M¥J 387 of thc Comw'm Act (b) preptrln8 ffTr•Jthl thith live a ITPX &Dd f•r vi¢w oftr #At¢ ofjffairy of th• ejwritsble ¢wyny tho ond ot ¢a¢h finwKiai yrar of it• or defitht fi)r finaTwI y¢ar sts with ¢h requirements of sec￿￿& 394 WMI 395 o¢)d thi¢h otherwi¥ with the r4uirt•Ktits of the C4mpaI￿ I￿5 ro i¢•t¢fj%ttts. 80 pplK¥bl¢ io th¢ &itablc cory•ny. Th¢w rtmn¢T￿ b4v¢ beth iu vnth th¢ wi¥iiw)n8 •ppllL4bk to ¢1￿)￿ble m*•ject t¢ th¢ Thc fJDWl￿ rt#em¢th wtr¢ ¥prnved by th¢ Boxd for itsll• on 3 Awil 2025 worn oiw)e41 ￿ ilx hAif by". g.u.4 S W Spinki.Ththe P•R• 7

Bollington lthftlatiye Tr¥At Notes to the Fitt￿cl￿ St¢¢mellts for the l'ear ended 31 O¢tobcr 2024 AccouNfiNG POLICIES Buis of preparing ihi fi#icI￿ Jtat¢JwtJ The finAncial stai¢m¢ffits of the charitable eompwy. Mthi¢h is a public benefit entity under FRS 102. hAV¢ b¢em prepwcd in accordance ￿ryth the Chariti¢s SORP (FRS 102) 'A¢¢ounliRg and Rcportin8 h. Chiti¢s.' St&crncnt of Reeomm¢rtd PTKtice applicable lo chanli¢s prep￿n8 their in ￿COrdanCe Mith the Finon¢iAI R¢w)rtin8 Stsndard 4)pli¢obl¢ in the UK and Rcpublic of ITel￿d (FRS 1 02) (cfftttii'e l Janywl. 201I))'. Financial Reportin8 StsndaTd 102 The Financial Reportill8 Standard applicable ill the UK and Republic of h¢tsod' and the Comptinies A¢1 2￿}6. Thc f￿ancIal sioiem¢nts hait been prepared under th¢ bistorical Cost coni'entlOA. Ilcome All incomc is re¢0￿19¢d irn the Sithcmcnl of FAnaD¢ial Aclii'itics oncc thc charlty ha6 entitlcmcnt kn tbc funds, it is PD)bthlc that the incorne ￿711 be r¢ttii"ed And the amount can be ￿e￿ured r¢liablN'. Expvoditm LiabililA¢$ arc r¢￿s￿lILy1 u eXp￿dIt￿re ￿ soon ts thcrc is a le841 or ¢OAU¢ru¢tii'c obli8atioA commillin8 thc ch¥ity to that ewdilure, it IB probable a Iron$fer 0[￿X)nOMiC ben¢fits ivill be required in 8¢lllemenl and the omounl of the obliyalion can bc m¢osur¢4J rcliabli,. Expcnditurc 18 for on ￿ ￿A]S bayis and has bccn cl&q8ificd undcr hcading8 that oll cost ￿la￿d io thc calcgoTr.. Where ¢0gts ¢annoi bc diwcily ouribuid kTr ptirticulor he￿in¥S the)" hthie been allocated ts ￿11.111¢6 on A bASiS consistenl iiith the use of T¢SOu￿. TA¥a¢io Th¢ chorih. 18 ¢x¢mpi from coryorjtion on ill ¢htriiEknk ￿li"ll1¢9. Fund Unrestrieted fund$ can be u1 in ￿cOld￿¢¢ iiith the ch￿l￿ble obj￿til.￿ al the discretion of the tru$lee$. Re￿nCL¢d funds onty be for Pthicular r¢•lri¢led puryk)lla ii'ithin the obj¢¢l8 of the ¢hATity'. Reslri¢tion8 ari* when $PLYificd h. th¢ donor or funds urc rniscd for p&1iculnr rcstrictcd puqJos¢s. INVESTMENT INCOME 2024 2023 RenlB r¢c¢ived Depsit ￿U￿¢ interest 11),V72 IN 2U.732 1g.lw RAISING FUNDS iilttg ￿(￿ati•ll leydtj 2U24 2023 SUp￿)rt ￿819 653 TRUSTEES, REMUNERATION AND BENEFITS There H'ere no trnitecs, rcmuneralion or other benefits for the l'ew ended 31 October 2024 nor for the >rar Md¢d 31 0¢￿b¢r 202J. Th¢r¢ iv¢r¢ no trustees, eNM3es ￿ld for thc Iyar ended 31 October 2024 nor for tb¢ )'¢¥ cnd¢d 31 October 21123. Page 8 conlinued...

Bollijgtsn lffjiliative Trnlt to tbe Ststements- continued for the l'ear eDded 31 Octthr 2024 COMPARATIVES FOR ThE sfATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds ReBtricted funds INCOME AND ENDOWMEKTS FROM Donzkions and legxieB 3284 3.284 Chari¢bk a¢¢iiiii 17.619 17.683 Inistm¢nl income iy,I TotAI 39.W3 40.OJ7 EXPENDITURE ON Chrit#hle Adiviii Cncr 100.180 106.171 NET INCOMEIIEXPENDITURE) (6U.187) (5.927) (66.114) RECONCILIATION OF FUNDS TO1￿ funds broughi foniard 93 I)55 6.500 l(Kl.45J TOTAL FUNDS CARIUED FORWARD 33.7611 173 34.341 COMPANI. LIMrrED BY GUARA￿￿ Exh mcmb¢r of thc compani. undth￿.¢￿ to Contribute £1 the windin8 up of thc compw>'. TANGIBLE FIXED ASSETS Freehold COST At l Noi¢mbcr 2023 31 CtiobcT 2024 NET BOOK VALUE Ai 31 Ociober 21124 Ai 31 (ktober 2023 Th¢ Wat¢r Stre¢¢ proiKih.' xquired by the Irust in (ktob¢r 21114 hos been included in the xcounts at the £1 wst of qllisltion. DEBTOILS: AMOUNTS FALLING DUE wmiiN ONE YEAR 21124 2023 Tr* debio Other d¢btor8 Pr¢pw+m¢nls 834) 131 59 3.030 2.578 3.417 3.620 P•8e 9 continued...

Bollington InftlTYe Tr¥rt NrteA to ihe FinAme1￿ staten￿ts- ¢oDtinued for the l'ear ended 31 O¢tobcr 2024 MOVEMENT IN FUI¥DS Net moi'cmenl in fwid8 Ai 31.10.24 Ai 1.11.23 funds Unre￿riCted fund (kn¢ral fund Tinkers CIou8h Turnen lodge Wr Str 15.212 (4,039) 710 11.883 iu.11 92(H ).3J2 112,OVU} 148) 3.526 12.830 33.768 7.887 (1.338) 40J17 Ru¢rirted fundj w￿¢r Str￿1 Isl Floor R￿￿￿￿me￿I TinL¢rs Clough 3.065 1292) 890 44X 3.955 729 573 573 2.773 1.338 4.684 TOTAL FUNDS 34.341 10.6(>0 45.UOI Nct moirmenl in fimdi. included in the abov¢ ore as follows.. In¢omin$ rcsour¢¢$ Resources c¥pcndcd Moiement in fun u￿rel¢r1￿ed futhdi Gener￿ fund Turn¢r8 lod¥e Watrr Str¢ Y6 11.4¥4 13.815 14.931) (#4) 110.284)) 14.039) 3.526 23.195 (13,308) 7.887 ReJ¢rfcted w￿¢r Styc¢t Isi Floor R￿￿￿lshm¢llI Tinkers CIou8h 11.935) 1()41) 3.(￿5 1292) 341) 5.349 12..176) TOTAL FUNDS 28.344 117.IIN) 10.(160 cou￿aratI1.￿ for movemrnt im fuw Nd moi"ement in funds Tr￿￿fer8 b¢tsi"een funds Ai 31.10.23 At 1.11.22 U#rvtrid¢d fundi cMer￿ fund TiJ¥knrs CIou8h Turners lodB¢ Watcr St￿1 14.43 267 1.6Yg 77.559 3.671 15.212 (2Cp7) -176 ICTrll.2071 (3.671) 9.204 9J52 93,95J (60,187) 33.761 R¢•trirted fMnd* Wat¢r Strc¢t 1st Floor Refvrbishment TJnL"ers Clough 5.991 509 {5.9911 573 6.500 (I l)271 .173 TOTAL FUNDS 100.455 (66.114) 34,341 Pwlo ¢ontittued...

Bollington IDititive Trn8t Notej to the Fi#gllcil Statementq- cwtinued for the i'ur ¢Dded JI Ortdjer 2024 MOVEMENf IN FUNDS- contill￿ed Compwative net movement in funds. included in th¢ alk)ir we as folk)Th%: Incomin8 in fwids UJrertri¢¢LyI fwidg General fithd Tinkers CIou8h Turners lodge WO￿ Street 2246 (1 13.1) 1267) 126.571) 168.207) {2,181)} 1267) 11.176 (68.207) 37.747 39.W3 (100,180) (60.187) Rutrided Watcr Sircct Isi Fknr Refuthishm¢nl Tinkers Clough (J,wi) (J.wi) 64 64 1.5 ()2T) T(YfAL FUNDS 40.U57 1106,171) (C)6.114) A current 12 rnonths and priory¢•r 12 month8 combined position is as followj,. Ne¢ moi'emcnl in funds Tran8fers bctti'ccn rundg Ai 31.IU.24 At 1.11.22 CMLY81 fund Tinkcrs CIou8h TurneTr lod8¢ Wot¢r Str( 14.43 2CTr7 .64)) 77,111) (6.()28) 12(17) IY.17{J (64.6811 4.381 10.ouo {l.q.()71) 148} I i.a83 10,0 12.830 93.955 (52.300) (lJ38) 40.317 Rutrirted fundi Watcr str￿ Isi Floor Rcfurbi8bm¢nl Tinkers Cl(tru¥h j.wi (2 ()26) 81)0 448 729 6.500 {3.1541 lJ38 4.(?84 TOTAL FUNDS IW.455 155.454) A ¢umi yew 12 months Dnd prioryellr 12 month8 Combined net Th￿rmen1 in funds, included in the llboi'e Dre os follo1￿.. Incomin¥ Regources cu￿￿dCd MoNrm¢nt in funds Unnylrirted fulldi G¢n¢rnl fund Tink¢n Clough Turners lod¥¢ Water Street 3.142 (111.Q70} 126n 126.655) {78.41)()) {6.92¥) 1267) 19.576 {(A.(IXI) 46.231 13.%lJ 63.11111 1115.4X8} 152.300) RestridL4d fuDd% Water Street 1st Floor Refurbi$hm¢nl TinL.¢ts Clough S.OIMI 413 (7.926) (CAI) 12.926) 1228) 5.413 (8,16n {3.114} TOTAL FUNDS C?8.601 {124.0.55) (JJ.454) Pa8ell ontinued...

Bollingtoh Inltiative TThrt Nrt¢J to ihe Financi￿ StatenTts- coitinwed for the Th.￿r endL￿ 31 October 2024 io. REIATED PARTY DISCLOSURES There iwe no reld pty. tr8ns¥lioDs for thc ended 31 O¢¢ober 2024. P88¢ 12

Bollingtstt llli¢i41ive TTh Drtiled Statement of Fillond￿ Artisiti for the l'ear 31 oCt￿￿r 2024 2024 2U23 INCOME AND ENDOWME DMiowi #nd leyci DOn￿lonS 3.284 RcDts receii'ed Ik￿11 ￿lUnt intcrcBt 20.719 13 19.1172 20,732 li),( Ch#rfiknle tttijlti Grants Oih¢r incoo .5.3.10 2.460 1.183 7.810 17.683 Trfal ruourttj 28..144 EXPENDITURE Cbari¢•bk K¢iiltl Labour Costs Jnsuran¢c Lighi and heat ConiultAnC%. & or¢hitectural Sub8criptions Genernl maintcnDn¢¢ .935 3.2(16 3.21H 300 27U 7.611 .077 3,111 3.YY(I 6,414 427 84.451 ICTr,526 104.550 SUpi￿rt C￿rtI Sundrie8 692 1.621 Bonk ¢hary 12 Gm'ernxthee co￿• A¢couftlon¢y and legal fee8 654 Tothl r¢wur¢a expmded 17.8¥4 106.171 Nc¢ in¢OJwllesp￿ditllre) 10.660 (66.114) This pa8e do¢$ noi fonn of th¢ Sta￿kn. financial st8t¢nwts P88e 13