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 Thi*eeJ
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
Cb*rit¥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)' 8ru*ful 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 sl*es. 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 ki*h¢n m. This completcd in April 2023.
W¢ hair fjlso r¢pla¢cd the iVa*r hcatsr on the ground floor.
In totDI. hw4e r8wd wound £350.000 in fundin8 411 of ithich ha5 ini'cstL4 in r¢furt*ishinB 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 re*Thes 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 Wa*r 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￿J1*h
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 Uni*41 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*¢hrit*ble 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 ex*mi#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 ￿ sl*e 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
m**r5. 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• IMiti*live Tru
St¥tenYnt of Fim*ncial 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
Tr*nifff* 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 no*s fonD Part ofth¢s¢ fwncial slalcmenis
Page 6

Ji (kt*r 2•24
2024
2023
Total
fjjnds
FIXLD A&8KTS
T4ll8ibl¢
3.417
3,417
41 J83
C•&h at i*nk
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 L*thin ￿ 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 T*ith 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. Ch*iti¢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 u*1 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
Ini*stm¢nl income
iy,I
TotAI
39.W3
40.OJ7
EXPENDITURE ON
Ch*rit#hle Adiviii
C*ncr
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 Inftl*TYe 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
W*r 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 IDiti*tive Trn8t
Notej to the Fi#gllci*l 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￿ Staten*Tts- coitinwed
for the Th.￿r endL￿ 31 October 2024
io.
REIATED PARTY DISCLOSURES
There iwe no rel*d pty. tr8ns¥lioDs for thc ended 31 O¢¢ober 2024.
P88¢ 12

Bollingtstt llli¢i41ive TTh
Drt*iled Statement of Fillond￿ Artisiti
for the l'ear 31 oCt￿￿r 2024
2024
2U23
INCOME AND ENDOWME
DM*iowi #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