Company registration number: 05639458
Charity registration number: 1112691
The Source Young People's Charity
(A company limited by guaraiitee)
Annual R¢port and financial Staternents
for the Year Ended 31 March 2025

Contents
Reference and Administrative Details
The Source Young People's Charity
Trustees, Report
2Lo5
Independent Exaniiner's Report
Statemenl of Financial Activities
Balaiice Slieet
Notes to Ilie Financial Statements
9t0 16

Reference and Administrative Details
Chairma
Mr Steplien Delves
Trustees .
Dr Bariy Bird
Mr Tim Heys
Dr Jos Johnston BEM
Mr Roger Holder
Mrs Joy North
Mrs Pamela Welch (Retired 23 Septeiiiber 2024)
Mr Stephen Delves
Mrs Lindsey Wills (appointed I l February 2025)
Senior Management / Leadership .Mr Peter Janies Shears, Director
Team
Charity Registration Number
1112691
Company Registration Number
05639458
Registered Office
2iid Floor Imperial House
2 Grosvenor Road
Aldershot
Hampshire
GUII IDP
Page I

The Source Young People's Charity
Trustees, Report
The trustees, who are directors for the purposes of coinpaiiy law, preseiit the aniiual report together witli the
financial stateiiients and auditors, report of the charitable company for the year ended 31 March 2025.
Objectives and activities
Objeels anil ainis
Iii our Memoraiidum and Articles of Association our objectives are:
The provision of facilities for recreational and other leisure-time occupation, including but not by way of
limitation tlie provision of cducatioii and traiiiing in life skills in tlie intercsts of social welfare for pe.rsons who
have need by reason of their youth, poverty or social and economic circumstanccs and witli thc object of
improving their condition of life in Aldershot, Hanipshire and in such otlier parts of the United Kingdoin as tlie
I'i"LlStees trom tiiiie to time think fit.
Our inissioii is to serve the local comniunity as an expression of our Christian faith, by providing persoiialised I
to l yOLlth couiiselliiig, nicntoring and ci'eaiive group activities to yOLiiig people aged 14 to 25 years striiggliiig
with tlieir nieiital Iicalth and wellbcing. Thi'ough iiicreased resilieiice, coiifidence and self-esteeni, oui. aiin is for
thejn to live healthy, hopeful and tiiifilled lives. We celebrate diversity aiid our doors are opeii to everyoiie
regardless of belief or background, as deinonstrated by the wide raiige of local agciicies wlio recoinnieiid our
services to young people and families.
Our vision is to see all local young people who are struggling with their n1eiital liealth and wellbeing, living
fulfilled, thriving and liopeful lives.
Our Valucs:
Welcoiiiiiig - recogiiising everyone as unique and special, respecting their backgrouiid aiid beliefs
Compassionate - acknowledging the needs of others and striving to help
HopcfLiI seeing tlje potential in all, and enabliiig them to realise it
Collaborative - working togetlier, willii)g (o learn with hlimility, recognisiiig our strengtlis aiid w¢aknLbblS
Prayei'ful - briiiging cverytliiiig before God. foi" lielp and slreiigih
Our Focus;
We support local young people who are struggling with Iheir wellbeing or Inental health and iii these past 12
months, developed a raiige of other prograinnies. alongside counselliiig, lo offer clioice of support gyroiips for
young people to aLccss. Enabling us to Ineasure our impact has been a stroiig focus towards the end ot. this ycar,
witli our staff using PHQ-9 and GAD-7 measurcincnt tools to cvaluatc deprcssion aiid anxiety syiiiptoms
respectively. We have also continued to provide iinpact measiirements around self-esteem using Roseiiberg
qiiestioiinaires. Iiiitial indications from tliese methods are showiiig between 700/0-80 % improvenient in mental
health for our participants undertaking a programnie of counselling. For Ihose involved in wellbeing workshops
and practical activities, 800/9 reported an increase in confidence, iiew skills and social developmenl.
The trustees confirn] that they have complied with the requirements of section 17 of tlie Charities Acl 201 I to
have due regard to the public benefit guidance published by the Charity Comniission for England and Wales.
Page 2

The Source Young People's Charity
Trustees, Report
Review of charitable activities undertaken
Highligl)ts for 2024-25
1. ?70 couiiselling sessions for 40 local young people, providing a non-judgemental space to share their feelings
and thoughts, and to develop skills to manage their thoughts, emotions, and behaviour.
2. 60 neurodivergent / socially anxious young people, participating in new sport and physical activity
programmes.
3. Bikestart continuing to be a valuable resource for local eco-sustainability, bike maintenance training for
young people, and volunteering opportunities.
4, Refurbished bikes continue to be provided to support looked-after young people, families / llidividuals with
financial struggles, and refugees, providing cost efficient transport for daily living and exercise.
5. Wellbeing worksliops offering new creative activities for 35 local young people needing a wellbeing boost, in
a relaxing, welcoming environment.
Activate Programme Case Study
Taking part in physical and group activities can be really hard for some young people, particularly those who are
neurodivcrgcnt. Throughout 2024125, The Source Activate Team have been supporting 60 young people to get
involved in physical activities. All these young people have had wellbeing cliallenges and struggle with social
and l or communication difficulties. Many are neurodivergent. The barriers Ihese young people face on a daily
basis, aiid when they signed up to our activity programmes included:
sensory challenges (too big a group and too much noise)
feeling anxious about many things (meeting new people, going to new venues, not understanding the
rules)
general lack of confidencc in themselves to participate
previous negative experiences of sport or team games
One young person who managed to attend a new activity, stated that they often feel "too scared to reveal when
they're struggling" This lowers their coiifidence, reduces their self-esteein, and can lead to ihem gyiving up.
To break thcse barriers our Activate Teani now have an adapted way of working, ensuring those who currently
struggle to participate in mainstream activities, have a place for them:
Create a welcoming and friendly atmosphere in all sessions
Group sizes kept small (between 4 and 6 participants initially).
Ensure all coaches I support staff have training / understand th¢ ¢hall¢ng¢s for n¢urodiv¢rgent young
people.
Staff will create time to individually confirni instructions and ask participants how they are getting on.
Use of positive and encouraging language at all times.
The positive impact of these simple adjustmeiits is highlighted in the feedback we've received from participants,
parents, and our partnership funders alike.
'1 llked meeting some new people, and even though I didii't kiiow anyone at first, everyone was iiice. I liked
that the sport wasn't competitive, and I really like the coach because lie's patient and explains t11ings siiiiply"
(Participant)
Page 3

Th¢ Source Young People's Charity
Trustees, Report
"Owing to the fact that she doesn't like going into new groups, this has been a significant step. Please thank
your caliii, paticnt staff who gavc hcr confidcncc to learn and join in., (Pareiit)
"The impact your sessions have had on young people, and the care taken to ensure that the offer is .just right for
thern, really shines through". (Energise Me - Grant Funding Manager)
A HUGE THANK YOU TO ALL OUR INCREDIBLE SUPPORTERS
Your generosity means so much to us and the young people we support and empower. Thank you to everyone
who has supported our work by making an individual donation (monthly donors and one-offj or giving your
time. Your partnership with us is so important and valued, and we really appreciate your support.
Organisational Donors for 202&2U25
Thank you to tlie local churches, busiiiesses and societies who have donated funds and in-kind support in
202412025.
These include:
Broadhurst Ltd, Benefact Trust, The Albert Hunt Trust. Garfield Weston Foundation, Mytchett Ministries,
Rotary Club of Rushmoor, TK MAXX, 14amphire County Council (Energise Me), St Paul's Church Tonghain,
St Peter's Church Farnborough, Holy Trinlty Church Aldershot, St Michael's Church Aldershot, Blackwater
Valley Runners, Foresters Friendly Society and Oaklands Agency Ltd.
TEiank you also to everyone who supported Bikestart through donating an old bAke, purchasing a bike, booking
bike Inaiiitenance training, or getting your bike repaired/serviced. Tl)e funds raised by this ainazing social
enterprise provide further valuable contributions to the lives of vulnerable young people.
Structure? governance and management
Nalure ofgoverniiig documenl
The governing document of The Source Young People's Charity is tlie Mernorandum and Articles of
Association dated 29th November 2005 which was amended in January 2011.
RecruiÉmen¢ and appoinlmenÉ of truslees
The Source Young People's Charity is an independent charity and is not affiliated to any other orgaiiisation.
The members of The Source Young People's Charity are the Trustees and the legal miiiimuin nuinber of
Trustees is three. I"lie Board of Ti"ustees inay by ordinary resolution appoint a persoii who is willing to act to be
a trustee, New Trustees are recruited througli local publicity (c.g. througli tlie website, volui)teering sites and
newsletters.) Applicants undergo a comprehensive recruitment procedure wliich focuses on the skills,
knowledge and experience of the applicant and the needs of the Charity. The induction of new Trustees may
include shadowing with staff and volunteers, site visits, mentoring from a Trustee and fonnal in-house training
as part of their ongoing development.
Board meetings are held at least quarterly (although usually more frequently.) At board meetings governance,
strategic plans, operational plans, policies, risk assessments, budgets etc are reviewed and decisions rnade.
Page 4

The Source Young People's Charity
Trustees, Report
Organisational struclure
Managemcnt
During the year 2024125 the Director was Mr Peter Shears, who is rcsponsible for impleincnting thc decisions
lliade at Board meetings, reporting back to the Board and ensuring The Source's work is fully resourced and
arri¢d out to the higliest Standards. "rhe Director receives rcgular 5upcrvision from the Chair.
Statement of trustee5' responsibilities
The trustees (who are also the directors of The Source Young People's Charity for the purposes of company law)
are responsible for preparing the trustees, report and the financial statements in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice),
including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
Company law requires the trustees to prepar¢ financial statements for each financial year. Under company law
the trustees must not approve the financial statements unless they are satisfied that tliey give a true and fair view
of the state of affairs of the charitabl¢ company and of the incoming resources and application of resources,
including its income and expenditure. of the charitable coinpany for that period. In preparing tliese financial
statements, the trustees are required to..
select suitable accounting policics and apply thcm consistcntly;
observe the methods and principles iii the Charities SORP.
make judgements and estimates that are reasonable and prudent.
statc whether applicable accounting standards, comprising FRS 102 have been followed, subject to any
material departures disclosed and explained in the financial statements" and
prepare the financial statements on the going concern basis unless it is inappropriate to presunie that the
charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at
any time tlie financial position of the charitable company and enable them to ensure that the financial stateinents
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable
company and hence for taking reasonable steps for the prevention alld detection of fi'aud and otlier irregularities.
The trustees are respoi)sible for the niaintenance and integrity of the corporate and finaiicial inforniation
included on the charitable company's website. Legislation governing the preparation and disseinination of
financial statements may differ from legislation in other jurisdictions.
Disclosure of information to auditor
Each trustcc has taken steps that they ought to have taken as a trustee in order to make themselves aware of any
relevant audit infonnation and to establish that the charity's auditor is aware of that inforn]ation. The trustees
confirni that there is no relevant infomation that they know of and of which they know the auditor is unaware.
The annual report was approved by the trustees of the charity on 6 Deceinber 2025 and sign¢d oil its belialf by:
Dr Jos Johnston BEM
Trustee
Page 5

Independent Examiner's Report to the trustees of The Source Young People's Charity
('the Company,)
I report to the cliarity trustees on my examination of the accounts of the Company for the year ended 31 March
2025.
Responsibilities and basis of report
As the cliarity's trustees of the Conipany (and also its directors for the purposes of company law) you are
respoiisible for tlie preparation of tlie accounts in accordance with the requirements of the Companies Act 2006
('the 2006 Act,).
Having satisfied iiiyself that the accounts of tlie 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
accouiits as cai.ried out linder section 145 of the Charities Act 2011 ('the ?01 l Act,). In carryiiig oiit my
exaniiiiatioii I have followed the Directions given by the Charity Coiiiiiiission under section 145(5)(b) of the
2011 ACL.
Independent examiner's statement
I have completed Iny exainination. I confirm tliat no Inatters havc c()mc to my attentioii in coniicction witli tlie
exaniination giving mc causc to bclieve:
accountiiig records were not kept in respect of Tlie Source Youiig People's Cliarity as I'equired by sectioii
386 ot the 2006 Act: or
2. the accounts do iiot accord with tliose records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act otlier than
any requireinent that the accounts give a 'true and fair view, which is not a inatter considered as part of an
iiidependent examination. or
4. the accounts have not been prepared iii accordance with the metliods and principles of the Statenieiit of
Recommended Practice for accoLlllting and reporting by charities r.applicable to charities preparing their
accounts in accordaiice with tlie l+inaiicial Reporting Standard applicable in the UK and Rcpublic of
Irelaiid (FRS 102)].
have no coiiceriis and l)ave coine aci'oss no other matters in connectioii with the exa11)ination to which atteiitioii
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
rudie Jeiilciiis-Avery
MTD Accolintancy Ltd
6 Deceniber 2025
Page 6

Statement of Finalleial Activities for tbe Year Ended 31 March 2025
(Including Incoxlle and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestricted
funds
Restricted
funds
'rotal
2025
Note
Income and Endowments from:
Donatioiis and legacies
Charitable aciivilics
Otlier trading activities
Iiivestment iiicome
69,638
42.106
288
1,740
51,098
I20,736
42,106
288
1,740
Total income
113,772
51.098
164,870
Expenditure on:
Charitablc activities
(127,654)
(53 778)
(181,432)
Total expenditure
(127,654)
(53,778)
(181,432)
Net expenditure
'rransfers between funds
(13,882)
(2,680)
(2,680)
2,680
(16,.fj62)
Net nioveinent in funds
(16,562)
(16,562)
Reconciliation of funds
Total funds brought torward
Total tiinds carried forward
58,103
58,103
41,541
Unrestricted
funds
41,541
Total
2024
Restricted
funds
Note
Income and Endowments from:
DonatlOLlS and leglacies
Charitable activities
Otlier trading activities
Investmeiil iiicome
81,256
42,406
88
1,322
33,072
114,328
42,406
88
1,322
Total income
125,072
33,072
158,144
Expcnditure on:
Charitable aLtiVilies
(116,731)
(116,731
(33,455)
150,186)
Total expenditui"e
(33,455)
150,186)
Net incoine/(expenditure)
Transfers between funds
8,341
383)
(383)
383
7,958
Net inoveineiit in funds
7,958
7,958
Reconciliation of funds
Toial funds brouglit forward
50,145
50,145
Tolal fuiids carried forward
15
58.103
58,103
All of the charity's activities derive froni continuing operations during the above two periods.
Tlie notes on pages 9 to 16 forn] an integral part of these financial statements.
Page 7

(Registration number: 05639458)
Balance Sheet as at 31 March 2025
2025
2024
Note
Fixed assets
Tangible assets
523
765
Current assets
Debtors
Cash at bank and in hand
12
2,957
75,097
21,909
63,917
13
78,054
85,826
Creditors: Amounts falling due within one year
Net current assets
14
(37,OJ6)
(28,488)
41,018
57,338
Net assets
41,541
58,103
Funds of the charity:
Unrestricted income funds
Unrestricted funds
41,541
58,103
Total funds
15
41,)41
58,103
For the finallcial year endllig 31 March 2025 the cliarity was entitled to exeinption from audit uiidei" 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 questioi) in
accordance with section 476; and
The directors acknowledge their responsibilities for complying with the requirements of tlie Act with respect
to accounting records and the preparatioii of accounts.
The financial statements on pages 7 to 16 were approved by the trustees, and authorised for issue on 6
December 2025 and signed on their behalf by:
Dr Jos Jolinston BEM
Trustee
The notes on pages 9 to 16 forni an integral part of these fInancial statem¢nts.
Page 8

Notes to the Financial Statements for the Year Ended 31 March 2025
J Charity status
The charity is limited by guarantee, incorporated in 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:
2nd Floor Imperial House
2 Grosvenor Road
Aldershot
Hampshire
GUII IDP
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in tlie 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 beeii prepared in accordance with Accounting and Reporting by Charities:
Statement of Recommeiided 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 prepAr2tion
The Source Young People's Charity meeis the definition of a public benefit entlty under FRS 102. Assets and
liabilities are iiiitially 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
concem nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin I published on 2 February 2016 and have therefore not included a cash
flow statement in these financial statements.
Income and Cndowments
All incoine 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.
Donalions and legacies
Donations are recognised when the cliarity has been notified in wrAting of both the amount and settlement date.
In the event that a donation is subject to conditions that require a level of performance by the charity before the
charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully
met, or tlie fulfilment of those conditions is wholly within the control of the charity and it is probable that these
conditions will be fulfilled in the reporting period.
Page 9

i otes to the Financial Statements for the Year Ended 31 March 2025
Granl,w receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants
have been met. Where performance conditions are attached to the grant and are yet to be met, the income is
recognised as a liability and included on the balance sheet as deferred inLome to be released.
Deferrecl inconie
Dcferred income represents amounts received for future periods and is released to incoming resources in the
period for which, it lias been received. Such income is only deferred wlien:
The doiior specifies that the grant or donation must only be used in future accounting periods" or
The donor lias imposed conditions which must be met before tlie charity has unconditional entitleiiient.
Investment income
Bank interest received is included at the date of receipt.
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
expepditure 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 witli the use of resources, with ceiitral staff
costs allocated on the basis of time speiit, and depreciation charges allocated on the portion of the asset's use.
Other support costs are allocated based on the spread of staff costs.
Cliftritable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services
t'or its bciieficiaries. It includes both costs that can be allocated directly to such activities and those costs of an
indirect nature necessary to support them.
Support costs
Siipport costs include central functions and have been allocated to activity cost categorics on a basis consistent
willi the use of resource5, for example. allocating property costs by floor areas, or per capita, stsff costs by the
time spent and other costs by their usage.
Governanee costs
These include the costs attributable to thc charity's compliance with constitutional and statutory requirements,
includiiig aLidit, strategic management and trustces mcctings and rciniburscd expcnses.
Taxation
Thc charity is considered to pass the tests set out in Paragraph I 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 incomc or capital gains rcccivcd within caicgorics
covered by Chapter 3 Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxation ot 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 £50.00 or more are initially recorded at cost, less any subscquent accumulatcd
depreclation ￿]d subsequent accumulated impairnient losses.
Paoe 10

Notes to the Fillallcial Statements for the Year Ended 31 March 2025
Depreciation and an]ortisation
Depreciation is provided on tangible f￿ed 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
Plant & Machinery
Depreciation method and rate
250/0 Straight line on additions
Trgde debtors
Trade deblors are amounts due from customers for merchandise sold or services perforn]ed in the ordinary
course of busii)ess.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-tenn higlily liquid
investmeiits that are readily convertible to a known amount of cash and are subject tu an insignificant risk of
cliange iii value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
biisiness t'rom suppliers. Accounts payable are classified as current liabilities if the charity does not liave a11
uncondilional riglit, at the end of the reporting period, 10 defer settlement of the credilor for at least twelve
moiiths after the reporting dale. If tbere is an unconditional rI￿lt to defer settlement for at least twelve months
after the reporting date, they are preseiited as non-current liabilities.
Fund structure
Unresiricted income funds are general funds Ihat are available for use at the trustees discretion in furtlierance of
the objectives of tlie cliarity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which
is restricted to that area or purpose.
3 Income from donations and legacies
Unrestricted
funds
General
Re.stricted
funds
Total
funds
Donations and legacies.
Donations
Gift aid reclaimed
Grants, i11cluding Capital grants"
Grants from other charities
31,906
2,122
31,906
2,122
35.610
51,098
86,708
Total for 2025
69,638
51,098
120,736
Total for 2024
81,256
33,072
l14,328
Page 11

Notes to the Financial Statements for the Year Ended 31 March 2025
4 Income from charitable activities
Unrestricted
funds
General
Total
funds
Bike Start inLume
42,106
42,106
Total for 2025
42,106
42,106
Total for 2024
42,406
42,406
5 Income froni otl)er trading activities
Unrestricted
runds
General
Total
funds
'vcnts incoine;
Ollier eveiils iiicoine
288
21S8
Total for 2025
288
288
Total for 2024
88
88
6 Investment income
UnrestriL'ted
funds
General
Total
t'unds
Interest receivable aiid similar income:
Iiiterest I'eceivable on bank deposits
1,740
1,740
Total for 2025
1,740
1,740
Total for 2024
1,322
1,322
7 Expenditure on raising funds
) Costs of trading activities
Total
Note
Total for 2025
Page 12

Notes to the Finaneial Statements for the Year Ended 31 March 2025
8 Expenditure on charitable activities
Unrestricted
funds
General
Restricted
runds
Total
funds
Note
Staff costs
Allocated support costs
Governance costs
66,986
56,931
3,737
51,273
2,505
l J 8.259
3,737
Total lor 2025
127,654
53,778
181,432
Total for 2024
116,731
33,455
150,186
Analysis of governance and support costs
Governance costs
Unrestricted
runds
General
Total
funds
Other govcriiaiice costs
Allocated support costs
1,033
2.704
1,033
Total for 2025
3,737
3,737
Total for 2024
5,167
5,167
Page 13

Notes to the Fillancial Statements for the Year Ended 31 March 2025
9 Staff costs
The aggregate payroll costs were as follows:
2025
2024
Staff Co￿tS during the year were:
Wa¥es aiid salaries
Social security costs
Pension costs
Otlier staff costs
109,627
3,295
2,113
3,224
81,399
1,178
1,685
1,395
118,259
85,657
The nionlhly average number of persoiis (including senior manageiiient / leadership team) eiiiployed by the
charity during tlie year expressed as full tiiiie equivalents was as follows:
2025
2(124
Avcrage number of eniployees
No cmployee received enioluinents of more Ihan £60,000 during the year.
Page 14

Notes to the Financial Statements for the Year Ended 31 March 2025
10 Taxation
The charity is a registered charity and is therefore exempt from taxation.
11 Tangible fixed assets
Furniture and
equipment
Total
Cost
At l April 2024
Additions
28,936
359
28,936
359
At 31 March 2025
29,295
29,295
Depreciation
At l April 2024
Charge for the year
28,171
601
28,171
601
At 31 March 2025
28,772
28,772
Iyet book value
At 31 March 2025
523
523
At 31 March 2024
765
765
12 Debtors
2025
2024
Trade debtors
2,957
21,909
13 Cash and cash equivalents
2025
2024
Cash at bank
75.097
63,917
14 Creditors: amounts falling due wiithin one year
2025
2024
Other taxation and social security
oilier creditors
3,656
2,266
2,682
28,432
2,776
2,280
23,432
Accruals
Deferred income
37,036
28,488
Page 15

Notes to the Financial Statements for the Year Ended 31 March 2025
15 Funds
Balance at
31 March
2025
Balance at I
April 2024
Incoming
resources
Resources
expended
Transfers
Unrestricted funds
General
58,103
113,772
(127,654)
(53,778)
(2,680)
41,541
Restricted funds
51,098
2,680
Total funds
58,103
164.870
(181.432)
41.541
Balance at
31 March
2024
Balance at I
April 2023
Incoming
resources
Resou rces
expended
Transfers
Unrestricted funds
General
50,145
125,072
(116,731)
(383)
58,103
Restricted funds
33,072
(33.4551
383
Total funds
50,145
158,144
(150,186)
58,103
16 Analysis of net assets between funds
Unrestricted
funds
General
Tot21 funds at
31 March
2025
Tangible fixed assets
Current assets
Curreiit l iabil ities
523
78,054
(37.036)
523
78,054
(37,036)
Total net assets
41,541
41,541
Unrestricted
funds
General
Total funds at
31 March
2024
Tangible fixed asgets
Current assets
Current liabilities
765
85,826
28,488
765
85,826
(28,488)
Total net assets
58,103
58,103
17 Related party transactions
Page 16

Statement of Financial Activities by fund for the Year Ended 31 March 2025
Unrestricted Funds
Total
Total
Un restricted Unrestricted
Funds
Funds
2025
2024
Income and Endowments from:
Donations and legacics
Charitable activities
Other trading activities
Investment income
69,638
42,106
288
1,740
81,256
42,406
88
1,322
Total income
113,772
125,07?
Expenditure on:
Charitable activities
(127,654)
(116,731)
Total expenditure
(127,654)
116,731)
Net (expenditure)/income
Transfers betweeii funds
(13,882)
(2,680)
8,341
(383)
Net Inoveiiieiit in funds
(16,562)
7,958
Reconciliation of funds
Total funds brought forward
58,103
50,145
Total funds carried forward
41,541
58,103
This page does not fom] part of the statutory financial statements.
Page 17

Statement of Financiial Activities by fund for the Year Ended 31 March 2025
Restricted Funds
Total
Restricted
Funds
2025
Total
Resti"icted
Funds
2024
Income and EDdoivments from:
Donations and Jegacies
51,098
33,072
Total income
51,098
33,072
Expenditure on:
Cliaritable activities
(53,778)
(33,455)
Total expenditure
(53,778)
(J3,455)
Net expenditure
Transfers between funds
(2,680)
2,680
(383)
383
Reconciliation of funds
"rotal funds carried forward
This page does not form part of the statutory fInancial statements.
Page 18

Detailed Statemellt of Fillallcial Activities for the Year Ended 31 March 2025
Total
2025
Total
2024
Income and Endowments from=
Donations and legacies (analysed below)
Charitable activities (analysed below)
Other trading activities (analysed bclow)
Investmeiit income (analysed below)
Total income
120,736
42,106
288
1,740
114,328
42,406
88
1,322
164,870
158.144
Expenditure on:
Charitable activities (analysed below)
(181,432)
(150,186)
Total expenditure
(181,432)
(150,186)
Net (expenditure)liiicome
(16,562)
7,958
Nct Iiioveinent in tiinds
(16,562)
7,958
Reconciliation of funds
Total fuiids brought forward
58,103
50,145
Total fiinds carried forward
41,541
58,103
This page does not form part of the statutory financial statements.
Page 19

Detailed Statement of Financial Activities for the Year Ended 31 March 2025
Total
2025
Total
2024
Donatlons aiid legacies
Appeals and donations
Gift Aid tax reclainied
Grants - odier agencies
Grants - other agencies
31,906
2,122
51,098
35,610
19,023
2,033
33,072
60,200
l J4,328
120,7i6
Cliaritable aelivities
Bike Start sales
42,106
42,406
42,106
42,406
O*iier Iracliiig aclivitiej
Fund raising events
288
88
288
88
Jiiveslment incume
tnterest on cash deposits
1,740
1,322
1,740
1,322
Cliaritable aclivllie3
Bike start meclianic
Wages and salaries
Wages and salaries
Staff NIC (Eiiiployers)
Staff NIC (Emplovers)
Staff pensioiis (Other) - pension scheme I
Staff pensions (Other) - pension scheme I
Staff welfare
Statr welfare
Voluiiteer expenses
Depreciation of plant and machinery
Staff training
Staff training
Travelling
Recrultment
Rent & Service charges
Utilities
Utilities
Repairs aiid Iiiaintenance
Project support costs
Coniputcr 50ftwarc and maintcnanGc costs
CoiiipLlter software ￿]d maintenance costs
Printing, postage and stationery
(11,378)
(46,506)
(63,121)
(1,026)
(2,269)
(706)
(1,407)
(3,035)
(995)
(189)
(601)
(572)
(3,401)
(5,240)
(277)
(12,937)
(321)
(2,896)
(75)
(3,016)
(I,560)
(14,4J4)
(5?)
(12,701)
(29,070)
(52,329)
(1,178)
(602)
(1,083)
(1,270)
(306)
(125)
(511)
(606)
(1,621)
(2.749)
(195)
(16,898)
(486)
(4,371)
(1,489)
(2,042)
(1,374)
(12,370)
(47)
This page does not forni part of the statutory financial statements.
Page 20

Detailed Statement of Financial Activities for the Year Ended 31 March 2025
Total
7025
Total
2024
Printing, postage and stationery
Licences & Subscriptions
Advertising
Legal and professional fees
Bank cliarges
Sundry expenses
Accountaiicy fees
Legal and professional fccs
(264)
(1,068)
(349)
(426)
(1,017)
(18)
(135)
(791)
(13)
(?,623)
(1,740)
(150,186)
(1,033)
(2,400)
(304)
(181,432)
This page does not form part of the statutory fmancial statements.
Page 21