> Company Company Number: Number: 05457452 05457452 

## Knitting Knitting & & Crochet Crochet Guild Guild 

. 

> (a (a company company limited limited by by guarantee) guarantee) 

> Report Report and and Financial Financial Statements Statements 

> For For[the] the year year ended ended 31[31] March March 2025 2025 

|Contents<br>Contents|Page<br>Page|
|---|---|
|Information<br>Information|2<br>2|
|Trustees' Report<br>Trustees' Report|3-5<br>3-5|
|Statement of Financial Activities<br>Statement of Financial Activities|6<br>6|
|Balance Sheet<br>Balance Sheet|7<br>7|
|Notes to the Accounts<br>Notes to the Accounts|8-13<br>8-13|
|Independent Examiner's Report<br>IndependentExaminer'sReport|14<br>14|





## Knitting Knitting & &[Crochet] Crochet Guild Guild Charity Charity Information Information For For the[the] year year ended ended 31 31 March March 2025 2025 

> Company Company Number Number 05457452 05457452 Charity Charity Number Number 1113468 1113468 Registered Registered Office[Office] Part Part 1st[1st] Floor Floor Britannia Britannia Mill Mill Britannia Britannia Road Road Slaithwaite Slaithwaite Huddersfield Huddersfield West West[Yorkshire] Yorkshire HD7 HD7 5HE 5HE 

Trustees Trustees (and (and directors) directors) serving serving throughout throughout the the year year until until the the date date of of signing signing 

||||Office Held<br>Office Held|Joined the<br>Joined the|Left the<br>Left the|
|---|---|---|---|---|---|
||P<br>P|Basham<br>Basham|at Signing<br>atSigning|Board<br>07/09/2024<br>Board<br>07/09/2024|Board<br>Board<br>-|
||D<br>D|Chan<br>Chan||-|07/09/2024<br>07/09/2024|
||S<br>S|Foreman<br>Foreman||-|-|
||D<br>D_|Hopkins<br>Hopkins|Treasurer<br>Treasurer|-|-|
||N<br>N|Jane-Fernandez<br>Jane-Fernandez||-|01/11/2024<br>01/11/2024|
||D<br>D|Jeans<br>Jeans||-|-|
||G<br>G|Laurence<br>Laurence|Secretary<br>Secretary|16/02/2025<br>16/02/2025|-|
||A<br>A|Liguori<br>Liguori||-|-|
||S<br>S|Manassian<br>Manassian||-|21/04/2025<br>21/04/2025|
||A<br>C<br>A<br>C|Peck<br>Scott<br>Peck<br>Scott|Chair<br>Chair|-<br>-|07/09/2024<br>-<br>07/09/2024|
||A<br>A|Thomas<br>Thomas||-|-|
||M<br>M|Wheeler<br>Wheeler||07/09/2024<br>07/09/2024|-|
||S<br>S|Whitelaw<br>Whitelaw||07/09/2024<br>07/09/2024|-|
|Bankers<br>Bankers||CAF Bank<br>CAF Bank||||
|||25 Kings Hill Avenue<br>25 Kings HillAvenue||||
|||Kings Hill<br>Kings Hill||||
|||West Malling<br>West Malling||||
|||Kent<br>Kent||||
|||ME19 4JQ<br>ME19 4JQ||||



Independent Independent Examiner Examiner P. P. A. A. Ryan Ryan MA(Ed), MA(Ed), FCA, FCA, DChA DChA 66 66 Fountain[Fountain] Road Road London London SW17 SW17 OHQ 0OHQ 

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Knitting Knitting & & Crochet Crochet Guild Guild<br>Trustees’ Trustees' Annual Annual Report Report<br>For For  the  the year year  ended  ended 31 31 March March 2025 2025<br>**----- End of picture text -----**<br>


> The The Trustees, Trustees, who who are are also also the the directors directors of[of] the the charity charity for for the the purposes purposes of of Company Company Law, Law, present present their their 

> report report and and the the financial financial statements statements for for the the year year ended ended 31 31 March March 2025. 2025. 

> Structure, Structure, governance governance and and management management The The charity charity is[is] a a company company[limited] limited[by] by guarantee guarantee and and is is governed governed by by its its memorandum memorandum and and articles articles of of association. association. The The[minimum] minimum number[number][of] of Trustees Trustees[is] is three; three; there[there] is[is] no no maximum. maximum. The The current current Trustees Trustees feel feel that[that] between between 10[10] and and 12 12 Trustees Trustees is is ideal ideal for for efficient efficient working. working. Trustees Trustees are are elected elected at at the the annual annual general general meeting meeting 

> (AGM) (AGM) or or are are appointed appointed by by existing existing Trustees Trustees if if a a vacancy vacancy arises arises between between AGMs. AGMs. Trustees Trustees appointed appointed by by 

> other other Trustees Trustees must must stand stand for for election election at at the the next next AGM. AGM. 

- Details Details of[of] those those who who served served as as Trustees Trustees during during the the year year and and up up to to the the date date of of signing signing this this report report are are set set out out on on page page[2.] 2. Objectives Objectives and and activities activities The The objects objects of[of] the the charity charity are are the the advancement advancement of[of] public public knowledge knowledge and and appreciation appreciation of of the the crafts crafts of of knitting knitting and and crochet, crochet, particularly particularly but but not[not] exclusively exclusively through through the the furtherance furtherance of of skill skill and and creativity creativity in in the the said said crafts crafts and and the the preservation preservation[of] of the the heritage heritage of[of] knitting knitting and and crochet. crochet. Unless Unless otherwise otherwise[specified,] specified, 'knitting' ‘knitting’ refers[refers] to to both both hand-knitting hand-knitting and and machine-knitting. machine-knitting. The The charity charity aims aims to[to] achieve achieve its its objectives objectives by: by: e Maintaining Maintaining and and developing developing the the heritage heritage Collection Collection at at Britannia Britannia Mill Mill in in Slaithwaite. Slaithwaite. e Making Making the the Collection Collection available available[to] to the the[public] public and and those those with with an an interest interest in in knitting knitting and and crochet crochet through through open open days,[days,] trunk[trunk][shows,] shows,[the] the website website[and] and the[the][online] online[catalogue.] catalogue. 

- e Encouraging Encouraging the[the] establishment establishment of[of] branches branches and and local local groups. groups. e Regularly Regularly publishing publishing articles, articles, many many written written by by members, members, covering covering topics topics relevant relevant to to our our crafts, crafts, including including techniques techniques and[and][information] information about[about] the the[Collection.] Collection. 

- e Publicity Publicity at at a a range range of of craft craft shows shows through through our our members members to to raise raise awareness awareness of of the the Guild, Guild, including including its its unique unique collection[collection] of[of] craft craft related related garments, garments,[artefacts,] artefacts, publications publications and and network network of of branches, branches, and and to to widen widen skills skills in[in] and and knowledge knowledge of[of] our our crafts. crafts. 

- e Providing Providing a a website website for[for] members, members, the the wider wider craft craft communities, communities, and and general general Internet Internet users. users. e Holding Holding an an annual annual residential residential Convention Convention with with talks talks and and workshops. workshops. 

Public Public benefit benefit The Trustees The Trustees have have identified identified their their aims,[aims,] and and the the activities activities which which support support them, them, with with regard regard to to Charity Charity Commission Commission guidance guidance on on Public Public Benefit.[Benefit.] Achievements Achievements and and performance performance 

- The The Guild Guild has has fulfilled fulfilled its its purpose purpose in[in] a a variety variety of of ways ways during during the the year. year. e The The continued continued publication publication[of] of the the Guild's Guild's quarterly quarterly journal, journal, Slipknot, Slipknot, with with authoritative authoritative articles articles written written by by members members on on[techniques,] techniques, special special[projects,] projects, and and news news of[of] the the[Collection.] Collection. The The online online email email newsletter newsletter and and the the online online publication,[publication,] Across Across the the Needlebed Needlebed (which (which contains contains articles articles particularly particularly relevant relevant to to machinemachineknitters, knitters, but but available available[to] to all all members members and and with with some some general general interest interest content) content) continue continue to to be be published published regularly. regularly. 

- e The The Guild's Guild's website website and and its its activities activities on on social social media media continued continued to to raise raise awareness awareness of of the the Guild. Guild. 

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## Knitting Knitting & & Crochet Crochet Guild Guild Trustees’ Trustees' Annual Annual Report Report For For the[the] year year ended ended[31] 31 March March 2025 2025 

- e The The branch branch network, network, where where members members and and others others meet meet regularly regularly to to share share and and develop develop their their skills skills and and knowledge. knowledge. Branch Branch coordinators coordinators have have been been supported supported by by a a named named Branches Branches Coordinator, Coordinator, who who has has run run regular regular online online meetings. meetings. 

- e A A 'Regional ‘Regional Day’ Day' was was held held during during the the year year (Oxford, (Oxford, held held on on 29 29 June June 2024). 2024). Two Two more more have have been been organised: organised: the the first first Northern Northern Regional Regional Day Day (28 (28 June June 2025 2025 in in Slaithwaite, Slaithwaite, in in premises premises close close to to Britannia Britannia Mill, Mill, with with 3 3 speakers speakers and and 10 10 workshops) workshops) and and the the established established Oxford Oxford Regional Regional Day Day (5 (5 July July 2025, 2025, with with 2 2 speakers speakers[and] and 5[5] workshops).[workshops).] We We[thank] thank the[the] branches branches[in] in these[these] areas areas for[for] their their hard[hard] work work in[in][running] running these these events. events. 

- e The The Guild Guild has has continued continued[to] to use use Zoom Zoom meetings meetings for for some some branch branch meetings meetings to to enable enable many many members members of of the the Guild Guild and and the the public[public] to[to] attend attend where where personal personal circumstances circumstances make make[in] in person person meetings meetings difficult. difficult. Our Our Articles Articles of of Association Association empower empower us us[to] to incorporate incorporate online online access access to to the the AGM. AGM. 

- e The The Collection Collection team team continue continue cataloguing cataloguing the the items items[at] at Britannia Britannia Mill. Mill. Members Members of[of] the the team team give give talks talks by by arrangement, arrangement, trunk trunk shows shows that[that] contain contain items items from from the the Collection Collection are are sent sent to[to] branches, branches, and and both both members members[and] and non-members non-members visit visit Britannia Britannia Mill Mill[to] to view view the the Collection Collection[in] in person. person. The The team team is[is] continuing continuing to to digitise digitise the the Collection Collection to to enable enable easier easier access access for for those those interested interested in in studying studying the the objects objects remotely. remotely. 

Financial Financial review review The The Trustees Trustees are are pleased pleased to[to][report] report that, that, in[in][spite] spite[of] of the the difficult difficult financial[financial] conditions conditions affecting affecting the the population, population, the the Guild Guild managed managed to[to] finish finish the the year year with with a a surplus surplus on on unrestricted unrestricted funds funds[of] of £21,000 E21 ,000 (2024: (2024: El £15,687). 5,687). Subscription Subscription income income has has increased increased by by 14%, 14%, (2024: (2024: 6%). 6%). The The basic basic subscription subscription increased increased by by 12% 12% but but there there was was[also] also an an overall[overall][increase] increase[in] in membership.[membership.] 

> Our Our greatest greatest regular regular expense expense continues continues to[to] be be the the provision provision and and upkeep upkeep of[of] Britannia Britannia Mill Mill together together with with expenditure expenditure on on maintaining maintaining and and recording recording the the Collection Collection itself. itself. The The lease lease at at Britannia Britannia Mill Mill will will expire expire in in 2029, 2029, although although there there is is a a mutual mutual break break clause clause at[at] the the 3-year 3-year point. point. This This allows allows for[for] flexibility, flexibility, should should there there be be insufficient[insufficient] numbers numbers of of volunteers volunteers[to] to maintain maintain the the Collection Collection or or other other unforeseen unforeseen events. events. 

> Our Our quarterly quarterly[journal,] journal,[Slipknot,] Slipknot, remains remains one one[of] of our our main main areas areas of[of] expenditure. expenditure. As As the the content content and and editing editing of of 

> the the magazine magazine are are provided provided entirely entirely by by volunteers, volunteers,[it] it continues continues to to provide provide excellent excellent value value for for money. money. 

> The The Trustees Trustees once once again again acknowledge acknowledge[that] that the the Guild Guild would would be be unable unable to to operate operate without without the the goodwill, goodwill, energy energy[and] and enthusiasm enthusiasm[of] of[its] its volunteers,[volunteers,] whose[whose][commitment] commitment enables enables[the] the[Guild] Guild to[to] meet meet its[its] objectives. objectives. The The 

> Trustees Trustees encourage encourage more members more members[to] to[volunteer] volunteer — — even even something[something] as as simple simple as as spreading spreading[the] the word word about[about] the the Guild Guild can can cumulatively cumulatively make make a a huge huge difference.[difference.] 

> The The Trustees[Trustees][have] have again again taken taken advantage advantage[of] of a a high-interest high-interest one-year one-year fixed[fixed] account account[for] for our our minimum minimum reserves. reserves. 

## Policy Policy on on reserves reserves 

> At At 31 31 March March 2025, 2025, the the Guild Guild had had unrestricted unrestricted funds funds of of £143,128 €143, 128 (2024: (2024: €122,128) £122,128) of of which which £14,950 E14,950 (2024: (2024: £15,781) El 5,781) related related to to[fixed] fixed assets assets and and is is not not readily readily available. available. This This leaves leaves free free funds funds of of £128,178 E 128, 178 (2024: (2024: 

> El £106,347). 06,347). The The Guild Guild has has a a moral moral obligation obligation to to ensure ensure that that monies monies raised raised by by the the Collection Collection are are used used for for the the further further development development and and maintenance maintenance[of] of the the[Collection.] Collection. At At 31 31 March March 2025, 2025, these these funds funds amounted amounted to to £17,033 El 7,033 (2024: (2024: £15,548). E 15,548). Funds Funds available available for for general general purposes purposes therefore therefore amount amount to to £111,145 Ell 1 , 145 (2024: (2024: 

> E91 £91,402). ,402). 

> In In 2024, 2024, the the Trustees Trustees assessed assessed that that the the minimum minimum they they require require as as free free funds funds is is E45,000 £45,000 to to meet meet the the charity's charity's 

> commitments, commitments, including including those those[in] in respect respect of[of] Britannia Britannia Mill, Mill, and and to to ensure ensure an an orderly orderly winding winding up up of of the the Guild Guild 

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## Knitting Knitting & & Crochet[Crochet] Guild Guild Trustees' Trustees’ Annual Annual Report Report For For the the year year ended ended[31] 31 March March 2025 2025 

> should should this this be be necessary. necessary. As As this this assessment assessment took took into into account account identifiable identifiable price price increases, increases, the the Trustees Trustees 

> believe believe[that] that this this level level remains remains appropriate. appropriate. 

> The The remaining remaining funds[funds][of] of £66,145[266,145][will] will be be[applied] applied to[to][the] the development development of[of] the[the][Guild] Guild[in] in a a sustainable sustainable and and measured measured manner. manner. 

## Future Future events events 

> Our Our[residential] residential Convention Convention and and AGM AGM will will be be held held at[at] a a venue venue owned owned and and run run by[by] the the same same organisation organisation as as 

> used used for for the the last last[three] three years. years. This[This][time,] time, as as last last year, year, Convention Convention[is] is[in] in Hoddesden, Hoddesden, Hertfordshire. Hertfordshire. The The 

> Trustees Trustees are are[careful] careful to[to][make] make[the] the event event as as inclusive inclusive as as possible financially possible financially with[with][alternative] alternative arrangements arrangements[for] for 

> day day delegates. delegates. 

## Statement Statement of of Trustees’ Trustees' responsibilities responsibilities 

> The Trustees The Trustees (who (who are are also[also] Directors[Directors][of] of the[the] Knitting[Knitting] & & Crochet Crochet[Guild] Guild for[for] the[the] purposes purposes of[of] company company[law)] law) are are 

> responsible responsible[for] for preparing preparing the the Trustees' Trustees’ Report Report and and the the[financial] financial statements statements in in accordance accordance with with applicable applicable 

> law law and and United United Kingdom Kingdom Accounting Accounting Standards Standards (United (United Kingdom Kingdom Generally Generally Accepted Accepted Accounting Accounting Practice.) Practice.) 

> The The law[law] applicable applicable to[to] charities[charities] in[in] England[England] & & Wales Wales[requires] requires the[the] Trustees Trustees[to] to prepare prepare financial[financial] statements statements for[for] each each financial[financial] year year which which give give a a true[true] and and fair fair view view of[of] the the state state of of the the affairs affairs of of the the charity, charity, and and[the] the income income 

> and and expenditure expenditure of of the the charity charity for[for][that] that period. period.[In] In preparing preparing these these financial[financial] statements, statements, the the Trustees Trustees are are 

> required required to: to: 

- e select select suitable[suitable] accounting accounting policies[policies][and] and then[then] apply apply[them] them[consistently;] consistently; 

- e observe observe[the] the[methods] methods[and] and principles[principles][in] in[the] the Charities Charities SORP;[SORP;] e make make judgements judgements and and estimates estimates that[that] are are reasonable reasonable and and prudent; prudent; • e state state whether whether applicable applicable accounting standards accounting standards have have been been followed, followed, subject subject to to any any material material departures departures disclosed disclosed and and explained explained in[in] the the[financial] financial statements; statements; and and 

- e prepare prepare[the] the financial[financial] statements statements on on[the] the[going] going concern concern basis[basis][unless] unless it[it][is] is[inappropriate] inappropriate[to] to presume presume[that] that the the charity charity will will continue continue[in] in business. business. 

- The Trustees The Trustees are are responsible[responsible][for] for keeping keeping proper proper accounting accounting[records] records[that] that disclose disclose with with reasonable reasonable accuracy accuracy at at any any time time the the financial financial position position of[of] the the charity charity and and enable enable them them to to ensure ensure that that the the financial financial statements statements comply comply with with the the Charities Charities Act Act 2011 2011 and and the the provisions provisions[of] of the the Articles Articles[of] of Association. Association. They They are are also also responsible responsible[for] for safeguarding safeguarding the the assets assets[of] of the the charity charity and and hence hence[for] for taking taking reasonable reasonable steps steps for for the the prevention prevention and and detection detection[of] of fraud fraud and and other other irregularities. irregularities. 

Approved Approved by by the the board board of of directors directors and and signed[signed] on on their their behalf[behalf] 


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m<br>YQ a<br>(\\s A<br>Alison Alison Peck Peck<br>Chair Chair 7<br>Date<br>Date ve i Wha 2OLS<br>**----- End of picture text -----**<br>



**----- Start of picture text -----**<br>
Deborah Deborah Hopkins Hopkins<br>Treasurer Treasurer<br>Date<br>Date iD Tuy 3025:<br>**----- End of picture text -----**<br>


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## Knitting Knitting & & Crochet[Crochet] Guild Guild Statement Statement[of] of Financial[Financial] Activities Activities (incorporating (incorporating the[the] income income and and expenditure expenditure account) account) For For the the year year ended ended 31 31 March March 2025 2025 . 

||||||2025<br>2025|||2024<br>2024|
|---|---|---|---|---|---|---|---|---|
||||||||Total<br>Total|Total<br>Total|
||||Unrestricted<br>Unrestricted||Restricted<br>Restricted||Funds<br>Funds|Funds<br>Funds|
||Note<br>Note|||£|£||£|£|
|Income from:<br>Income from:|||||||||
|Donations<br>Donations||2<br>2||42,381<br>42,381||-|42,381<br>42,381|39,542<br>39,542|
|Charitable activities<br>Charitable activities||2<br>2||29,324<br>29,324||-|29,324<br>29,324|22,095<br>22,095|
|Interest received<br>Interest received||2<br>2||3,691<br>3,691||-|3,691<br>3,691|1,168<br>1,168|
|Total income<br>Total income||||75,396<br>75,396||-|75,396<br>75,396|62,805<br>62,805|
|Expenditure on:<br>Expenditure on:|||||||||
|Charitable activities<br>Charitable activities||3<br>3||54,396<br>54,396||241<br>241|54,637<br>54,637|47,508<br>47,508|
|Total expenditure<br>Total expenditure||||54,396<br>54,396||241<br>241|54,637<br>54,637|47,508<br>47,508|
|Net income and expenditure for <br>Net income and expenditure forthe|the year<br>the year||||||||
|and net movement in funds<br>and net movement in funds||||21,000<br>21,000|(241)<br>(241)||20,759<br>20,759|15,297<br>15,297|
|Reconciliation offunds<br>Reconciliation offunds|||||||||
|Total funds brought foward<br>Total funds brought forward||||122,128<br>122,128||617<br>617|122,745<br>122,745|107,448<br>107,448|
|Total funds carried forward<br>Totalfundscarriedforward|13<br>13|&14||143,128<br>143,128||376<br>376|143<br>,<br>143,504|122,745<br>122,745|



The The statement statement[of] of financial[ financial] activities activities includes includes[all] all gains gains and and losses losses recognised recognised in in the the year. year. All All income income and and expenditure expenditure derives derives from from continuing continuing activities. activities. 

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Knitting Knitting & & Crochet Crochet Guild Guild Balance Balance Sheet Sheet As As at[at][31] 31 March March[2025] 2025 

|Knitting && Crochet Guild<br>Balance Sheet<br>As [at] [31] March [2025]<br>Knitting & Crochet Guild<br>Balance Sheet<br>As at 31 March 2025|||||||
|---|---|---|---|---|---|---|
|||Note<br>Note||2025<br>2025||2024<br>2024|
|||||£||£|
|Fixed assets<br>Fixed assets|||||||
||5<br>5|7<br>7||.||3|
|Tangible assets<br>Tangible assets||8<br>8||1 ,534<br>1,534||2,548<br>2,548|
|Heritage assets<br>Heritage assets||9<br>9||13,584<br>13,584||13,584<br>13,584|
|Total fixed assets<br>Total fixed assets||||15,118<br>15,118||16,132<br>16,132|
|Current assets<br>Current assets|||||||
|Debtors & Prepayments<br>Debtors & Prepayments||10<br>10|16,353<br>16,353||19,725<br>19,725||
|Cash at bank and in hand<br>Cash at bank and in hand|||112,126<br>112,126||94,581<br>94,581||
|Total current assets<br>Total current assets|||128,479<br>128,479||114,306<br>114,306||
|Liabilities<br>Liabilities|||||||
|Creditors: amounts falling due within<br>Creditors: amounts falling due within|||||||
|one year<br>one year||11<br>11|93<br>93||7,693<br>7,693||
|Net current assets<br>Net current assets||||128,386<br>128,386||106,613<br>106,613|
|Total assets less current liabilities<br>Total assets less current liabilities||||143,504<br>143,504||122,745<br>122,745|
|The funds of the charity:<br>The funds ofthe charity:|||||||
|Unrestricted funds<br>Unrestricted funds||13<br>13||143,128<br>143,128||122,128<br>122,128|
|Restricted funds<br>Restricted funds||14<br>14||376<br>376||617<br>617|
|||||143,504<br>143,504||122,745<br>122,745|



> The Trustees The Trustees[confirm] confirm[that] that the[the][charitable] charitable company company[is] is[entitled] entitled[to] to[the] the[exemption] exemption[from] from[audit] audit granted[granted][by] by 

> section section 477 477 of[of] the the Companies Companies Act Act 2006 2006 and and[that:] that: 

> (a) (a) the the members members have have not not required required the the company company to to obtain obtain an an audit audit of of its its accounts accounts for[for] the the year year in[in] 

> question question[in] in accordance accordance with with section section 476, 476, and and 

> (b) (b) the the Trustees Trustees acknowledge acknowledge their their[responsibilities] responsibilities[for] for complying complying with with the the requirements requirements of[of] this this Act Act with with respect respect[to] to accounting accounting records records and and the the preparation preparation[of] of accounts. accounts. 

> The The[financial] financial statements statements have[have][been] been[prepared] prepared on on[the] the[basis] basis[stated] stated[in] in[note] note 1a.[la.] 

Signed on behalf of the board of directors on Signed on behalf of the board of directors on (haseso leck. Alison Alison Peck Peck Chair Chair 


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2025<br>ISkKh Me | uy 2025<br>(Pp depen:<br>Deborah Deborah Hopkins Hopkins<br>Treasurer Treasurer<br>**----- End of picture text -----**<br>


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Knitting Knitting Crochet[Crochet] Guild Guild Notes Notes to to the the accounts accounts For For the the year year ended ended 31[31] March March 2025 2025 

- 1 1 Accounting Accounting[policies] policies 

## a. a. Basis Basis[[of]] of preparation preparation 

## a. a. Basis Basis[[of]] of preparation preparation 

The The financial financial statements statements have have been been prepared prepared[in] in accordance accordance with with the the accounting[accounting][policies] policies set set out out in[in] the the notes notes[to] to the the accounts accounts and and comply comply with with the the[charity's] charity's governing[governing] document, document, the the Companies Companies[Act] Act 2006, 2006, the the Charities Charities Act[Act][2011,] 2011,[and] and the[the] SORP[SORP] (FRS (FRS[102)] 102) Accounting Accounting[and] and[Reporting] Reporting by[by] Charities:[Charities:] Statement Statement of[of] Recommended Recommended Practice Practice applicable applicable[to] to[charities] charities[preparing] preparing[their] their accounts accounts in[in] accordance accordance with[with] the[the] Financial Financial Reporting Reporting Standard Standard (FRS (FRS[102)] 102) applicable applicable[in] in the the UK UK and and Republic Republic of[of][Ireland.] Ireland. The The charity[charity] is[is] a a company company limited[limited] by[by] guarantee guarantee and[and][is] is a a public[public][benefit] benefit entity entity as as[defined] defined by[by] FRS FRS 102. 102. 

## b. b. Going Going concern concern 

- The Trustees The Trustees[have] have considered considered[the] the[requirements] requirements to[to] comment comment on on[the] the going[going] concern concern status[status] of[of] the[the][charity] charity and and confirm confirm[that] that resources resources are are sufficient sufficient[to] to continue continue operations operations for for the the foreseeable foreseeable[future.] future. 

## c. c. Fund Fund accounting accounting 

- General General funds funds are are unrestricted unrestricted funds funds which which are are available available for[for] use use at[at] the the discretion[discretion] of[of] the the Trustees,[Trustees,] in[in] furtherance furtherance of of the the general general objectives objectives[of] of the the charity. charity. Designated Designated funds[funds] are are[unrestricted] unrestricted[funds] funds[earmarked] earmarked[by] by the[the] Trustees Trustees[for] for a a[particular] particular purpose. purpose. Restricted Restricted funds funds are are amounts amounts which which must must only only be be applied applied[to] to the the purpose purpose for[for] which which[they] they were were given.[given.] 

> d. d. Income Income 

> Income Income is[is] recognised recognised in in the the statement statement of of financial financial activities activities (SOFA) (SOFA) when when the the Guild Guild has has entitlement entitlement to to 

> the the funds, funds, it[it][is] is probable probable that[that] the the income income will will be be received received and and the the amount amount[of] of the the income income and and the the costs costs 

> incurred incurred for for the the transaction transaction can can be be measured measured reliably. reliably. 

> Subscription Subscription income income is is recognised recognised[in] in the the[financial] financial year year[to] to which which[it] it relates. relates. Legacy Legacy income income[is] is recognised recognised when when the the[Guild] Guild becomes becomes entitled entitled[to] to a a legacy, legacy, when when its[its] receipt receipt[is] is probable[probable] 

> and and the the amount amount receivable receivable[is] is measurable measurable[either] either through through[probate] probate estimates estimates or or receipt. receipt. 

> Income Income received received[in] in advance advance[of] of an an event event or or the the provision provision[of] of goods goods or or services services[is] is[deferred] deferred until until the the criteria criteria for for income income recognition recognition are are met. met. 

## e. Expenditure 

## e. e. Expenditure Expenditure 

Expenditure Expenditure[is] is[included] included on on an an[accruals] accruals[basis] basis and[and][is] is recognised recognised[when] when[there] there[is] is a a[legal] legal or or[constructive] constructive obligation. obligation.[Expenditure] Expenditure includes includes VAT VAT which which[is] is not not recoverable. recoverable. Costs Costs of[of] raising[raising] funds funds are are those those costs costs incurred incurred[in] in attracting[attracting] income income other other than[than][that] that which which relates relates[to] to the the Guild's Guild's objectives. objectives. Costs Costs of of charitable charitable activities activities are are costs costs[that] that arise[arise] from from the the pursuance pursuance[of] of the the charitable charitable objectives, objectives, including including the the maintenance maintenance of[of] the the[Collection.] Collection. The The Guild Guild has has adopted adopted the the natural natural classification[classification][of] of costs costs rather rather than than an an activity activity basis basis by by virtue virtue[of] of[its] its[small] small size. size. 

- f. f. Leased Leased assets assets 

f. Leased Leased assets assets Rentals Rentals applicable applicable[to] to[operating] operating[leases] leases are are expensed expensed over over the[the][life] life of[of] the[ the][lease] lease on on a a straight[straight] line[line] basis.[basis.] (See (See Note Note[6] 6[below)] below) 

## g.[[Intangible]] assets 

## g. g.[[Intangible]] Intangible assets assets 

Intangible Intangible assets assets are are recognised recognised[in] in the the financial financial statements statements[if] if and and only only[if] if it[it][is] is probable probable[that] that the the expected expected future future economic economic benefits benefits that that are are attributable attributable to to the the asset asset will will flow flow to to the the entity; entity; and and the the cost cost or or value value of of the the asset asset can can be be measured measured reliably. reliably. The The Trustees Trustees are are[satisfied] satisfied that, that,[in] in respect respect of[of] the the website website and and the the database, database, which which are are included included[in] in the the financial financial statements statements at at their their acquisition acquisition cost, cost, anticipated anticipated future future economic economic benefits benefits justify justify capitalisation. capitalisation. Intangible Intangible assets assets are are amortised amortised over over their their estimated estimated productive productive[life,] life, from from the the time time they they are are brought brought into into use. use.[In] In[the] the case case[of] of[both] both[the] the website[website][and] and[the] the database database[the] the[life] life[is] is[believed] believed[to] to[be] be[3] 3 years. years. 

## h. h. Heritage Heritage assets assets 

The The charitys charity's heritage heritage assets assets consist consist of of its its collection collection of of craft craft related related goods goods and and equipment, equipment,[its] its documents documents collection[collection] and and library. library. When When[it] it incorporated, incorporated, the the charity charity[already] already had had large large collections collections and and a a library. library. Since Since then then these these have have been been added added[to] to by by items items purchased purchased by by the the charity charity and and also also by by donations donations of of goods goods and and equipment. equipment. (continued) (continued) 

> 8 8 



> Knitting Knitting Crochet Crochet Guild Guild Notes Notes to to the the accounts accounts 

> For For the the year year ended ended 31[31] March March 2025 2025 

- 1 1 Accounting Accounting[policies] policies (continued) (continued) 

## h. h. Heritage Heritage assets assets (continued) (continued) 

> The The assets[assets][introduced] introduced[into] into[the] the[charity] charity[in] in[2005] 2005 and[and][donated] donated[since] since[then] then[have] have not not[been] been[included] included in[in][the] the 

> financial financial statements statements because because the the Trustees Trustees consider consider that that there there is is no no practical practical way way to to value value the the collections collections and and library, library, due due to[to] their their specialist[specialist] nature nature and and there there is[is] no no reasonable reasonable method method[to] to establish establish what what donations donations were were worth worth on on the the open open[market.] market. They They[also] also consider consider that, that, given given the the nature nature of the of the assets, assets, 

> there there is is little little[likelihood] likelihood[that] that the the value value of of the the items items purchased purchased has has been been reduced reduced and and so so no no depreciation depreciation charge charge[has] has[been] been[made.] made. 

> The The amount amount shown[shown][in] in[the] the accounts[accounts] represents[represents][the] the purchases purchases which[which][have] have[been] been made made since[since][the] the charity[charity] was was incorporated[incorporated][in] in[2005.] 2005. 

- i. Tangible Tangible[fixed] fixed assets assets Individual Individual fixed fixed assets assets costing costing more more than than E250 £250 are are capitalised capitalised at at cost cost and and are are depreciated depreciated over over the[the] estimated estimated useful[useful] economic economic life life[of] of the the asset, asset, from from the the time time[it] it is is brought brought into into use, use, as as follows:[follows:] - - equipment equipment - - 3 3 years years - - leasehold leasehold property property - - over over the the term term of of the the lease lease 

## j. j. Branches Branches 

The The charity charity has has a a number number[of] of branches branches where where members members meet meet[to] to discuss discuss and and learn learn[craft-related] craft-related skills. skills. The The branches branches arrange arrange their their own own venues venues and and programmes programmes[for] for which which they they collect[collect] contributions. contributions. The The Trustees Trustees[exercise] exercise no no[control] control over over the[the] branches branches[and] and[the] the branches branches are are not not required required to[to] submit submit accounts accounts[to] to the the charity, therefore, charity, therefore, their their transactions[transactions] are are not not included included[in] in these these accounts accounts except except where where there there is[is] a a direct direct payment payment into into or or out out of[of] charity charity funds. funds. 

- 2 2 Analysis Analysis[of] of income income[from:] from: 

|Analysis [of] income [from:]<br>Analysis of income from:|||
|---|---|---|
||2025<br>2025|2024<br>2024|
|Donations<br>Donations|£|£|
|Membership subscriptions<br>Membership subscriptions|34,007<br>34,007|29,917<br>29,917|
|Gift aid<br>Gift aid|4,437<br>4,437|3,662<br>3,662|
|Legacy<br>Legacy|-|1 ,ooo<br>1,000|
|Donations<br>Donations|3,469<br>3,469|4,342<br>4,342|
|Donations relating to the collection<br>Donations relating to the collection|468<br>468|621<br>621|
||42,381<br>42,381|39,542<br>39,542|
|Charitable activities:<br>Charitable activities:|||
|Convention<br>Convention|24,585<br>24,585|20,605<br>20,605|
|Collection<br>Collection|||
|Sales<br>Sales|3,184<br>3,184|163<br>163|
|Trunk shows and open days<br>Trunk shows and open days|1 ,505<br>1,505|610<br>610|
|Shows and workshops<br>Shows and workshops|50<br>50|717<br>TAT|
||29,324<br>29,324|22,095<br>22,095|
|Other income<br>Other income|||
|Bank interest received<br>Bankinterestreceived|3,691<br>3,691|1,168<br>1,168|



> 9 9 



## Knitting Knitting Crochet Crochet Guild Guild Notes Notes to to the[the] accounts accounts For For the[the] year year ended ended 31 31 March March 2025 2025 

- 3 3 Analysis Analysis[of] of expenditure expenditure on: on: 

|Analysis [of] expenditure on:<br>Analysis of expenditure on:|||||
|---|---|---|---|---|
||2025<br>2025|||2024<br>2024|
|Charitable Activities<br>Charitable Activities|||||
|Slipknot Production<br>Slipknot Production||8,237<br>8,237||7,441<br>7,441|
|Insurance<br>Insurance||1,078<br>1,078||959<br>959|
|Premises (Britannia Mill) costs:<br>Premises (Britannia Mill) costs:|||||
|- Rent, rates and service charges<br>- Rent, rates and service charges||7,728<br>7,728||6,865<br>6,865|
|- Buildings insurance<br>- Buildings insurance||1,030<br>1,030||824<br>824|
|- Electricity<br>- Electricity||742<br>742||807<br>807|
|- Internet connection<br>- Internet connection||546<br>546||594<br>594|
|- Repairs and maintenance<br>- Repairs and maintenance||204<br>204||309<br>309|
|- Depreciation<br>- Depreciation||329<br>329||330<br>330|
|Collection costs:<br>Collection costs:|||||
|- Collection materials<br>- Collection materials||2,514<br>2,514||4,581<br>4,581|
|- Collection expenses<br>- Collection expenses||613<br>613||212<br>212|
|- Depreciation<br>- Depreciation||685<br>685||792<br>792|
|Convention expenditure<br>Convention expenditure||21,512<br>21,512||15,294<br>15,294|
|Membership<br>Membership|||||
|- Membershipexpenses<br>- Membership expenses||2,436<br>2,436||1,881<br>1,881|
|- Database depreciation<br>- Database depreciation||-||333<br>333|
|- Database running costs<br>- Database running costs||3,689<br>3,689||3,642<br>3,642|
|Marketing (including rebrand completion)<br>Marketing (including rebrand completion)||1 ,298<br>1,298||592<br>592|
|Website costs- software and fees<br>Website costs- software and fees||412<br>412||376<br>376|
|Governance costs:<br>Governance costs:|||||
|- Governance expenses<br>- Governance expenses||1,391<br>1,391||1 ,504<br>1,504|
|- Trustee indemnity insurance<br>- Trustee indemnity insurance||193<br>193||172<br>172|
|||54,637<br>54,637||47,508<br>47,508|
|Being:<br>Being:|||||
|Restricted funds<br>Restricted funds||241<br>241||430<br>430|
|Unrestricted funds<br>Unrestricted funds|||||
|Designated funds<br>Designated funds||3,571<br>3,571||5,155<br>5,155|
|General funds<br>General funds||50,825<br>50,825||41<br>,923<br>41,923|
||sais|54,637|aie|47,508<br>OR|



> 4 4 Staff Staff costs costs 

> The The Guild[Guild][did] did not not employ employ any any staff staff[in] in the the year year ended ended[31st] 31° March March 2025 2025 (2024: (2024: none) none) 

5 5 Trustees Trustees and and key key management management personnel personnel The The Trustees Trustees are are the the Guild's Guild's key key management management personnel. personnel. No No Trustee Trustee received received any any remuneration remuneration or or benefits benefits during during the the year year and and Trustees Trustees who who take take part part in in the the Guild's Guild's activities activities do do so so on on identical identical terms terms to to other other members members of of the the Guild Guild . Trustees Trustees are are reimbursed reimbursed[for] for out out[of] of[pocket] pocket expenses expenses incurred incurred when when acting acting on on behalf behalf of[of] the the Guild.[Guild.] In In the the year year ended[ended] 2025,[2025,] 11[11] trustees trustees were were reimbursed reimbursed total total[expenditure] expenditure[of ] of £1,585 El ,585 (2024:7 (2024:7 trustees trustees received received total total expenses expenses[of] of El £1,014). ,014). 

> 10 10 



> Knitting Knitting Crochet Crochet Guild Guild Notes Notes to to the the accounts accounts 

> For For the[the] year year ended ended[31] 31 March March 2025 2025 

> 6 6 Operating Operating lease lease 

> The The[non-cancellable] non-cancellable operating operating lease[lease][for] for Britannia Britannia Mill[Mill] was was[renewed] renewed[for] for a a[further] further 60 60 months months from[from] 

> 1 1 February February 2024. 2024. The The total total operating operating lease lease payments payments under under this this lease, lease, which which are are also also the the amounts amounts chargeable chargeable[to] to the[the][Statement] Statement[of] of Financial[Financial][Activities] Activities[will] will[be:] be: 

|||2025<br>2025|2024<br>2024|
|---|---|---|---|
|||‘|£|
||Not later than one year<br>Not later than one year|7,200<br>7,200|7,200<br>7,200|
||Later than one year and not later than 5 years<br>Later than one year and not later than 5 years|20,400<br>20,400|27,600<br>27,600|
|||27,600<br>27,600|34,800<br>34,800|
|7<br>7|Intangible assets<br>Intangible assets|||
|||Website & Database<br>Website & Database||
|||£||
||Cost at 31 March 2024 & 31 March 2025<br>Cost at 31 March 2024 & 31 March 2025|19,575<br>19,575||
||Depreciation<br>at 31 March 2024 & 31 March 2025<br>Depreciation at 31 March 2024 & 31 March 2025|19,575<br>19,575||
||Net Book Value<br>Net Book Value|||
||At 31 March 2024 & 31 March 2025<br>At31March2024&31March2025|-||



## 8 8 Tangible Tangible assets assets 

|8<br>8|Tangibleassets<br>Tangible assets|||||
|---|---|---|---|---|---|
|||Leasehold<br>Leasehold||||
|||property<br>property|Equipment<br>Equipment||Total<br>Total|
|||£|é||£|
||Cost at 31 March 2024 & 31 March 2025<br>Cost at 31 March 2024 & 31 March 2025|11<br>,544<br>11,544|4,567<br>4,567||16,111<br>16,111|
||Depreciation at 31 March 2024<br>Depreciation at 31 March 2024|9,951<br>9,951|3,612<br>3,612||13,563<br>13,563|
||Charge for theyear<br>Charge forthe year|329<br>329|685<br>685||1,014<br>1,014|
||At 31 March 2025<br>At 31 March 2025|10,280<br>10,280|4,297<br>4,297||14,577<br>14,577|
||Net Book Value<br>Net Book Value|||||
||At 31 March 2025<br>At 31 March 2025|1,264<br>1,264|270<br>270||1,534<br>1,534|
||At 31 March 2024<br>At 31 March 2024|1,593<br>1,593|955<br>955||2,548<br>2,548|
|9<br>9|Heritage assets<br>Heritage assets|||||
||||Library<br>Library|Collection<br>Collection|Total<br>Total|
||||£|£|£|
||Cost at 31 March 2024 & 31 March 2025<br>Cost at 31 March 2024 & 31 March 2025||7,941<br>7,941|5,643<br>5,643|13,584<br>13,584|
|10<br>10|Debtors and prepayments<br>Debtors and prepayments|||||
||||2025<br>2025||2024<br>2024|
||||£||£|
||Prepayments<br>Prepayments||14,206<br>14,206||12,310<br>12,310|
||Accrued Income<br>Accrued Income||1,342<br>1,342||973<br>973|
||Otherdebtors<br>Other debtors||805<br>805||6,442<br>6,442|
||||16,353<br>16,353||19,725<br>19,725|



> 11 11 



> Knitting Knitting Crochet Crochet Guild Guild Notes Notes to[to] the the accounts accounts 

> For For the the year year ended ended[31] 31 March March 2025 2025 

|11<br>11|Creditors and accruals<br>Creditors and accruals|||||
|---|---|---|---|---|---|
||||2025<br>2025||2024<br>2024|
||||£||£|
||Accruals<br>Accruals||93<br>93||93<br>93|
||Deferred income (note12):<br>Deferred income (note 12):|||||
||Convention fees received in advance<br>Convention fees received in advance||-||7,575<br>7,575|
||Subscriptions paid in advance<br>Subscriptions paid in advance||-||25<br>25|
||||93<br>93||7,693<br>7,693|
|12 <br>12|Deferred Income<br>Deferred Income|||||
||||2025<br>2025||2024<br>2024|
||||£||£|
||Deferred income brought forward<br>Deferred income brought forward||7,600<br>7,600||125<br>125|
||Released in the year<br>Released in the year||(7,600)<br>(7,600)||(100)<br>(100)|
||Deferred in theyear<br>Deferred in the year||-||7,575<br>1579|
||Deferred income carried forward<br>Deferred income carried forward||-||7,600<br>7,600|
|13<br>13|Unrestricted Funds<br>Unrestricted Funds|||||
||Current year<br>Currentyear|At 31.3.2024<br>At 31.3.2024|Income<br>Income|Expenditure At 31.3.2025<br>Expenditure At 31.3.2025||
|||£|£|£|£|
||Designated funds<br>Designated funds|||||
||(a) Charities Advisory Trust<br>(a) Charities Advisory Trust|385<br>385|-|-|385<br>385|
||(b) Collection<br>(b) Collection|15,163<br>15,163|5,157<br>5,157|3,571<br>S574|16,749<br>16,749|
||Total designated funds<br>Total designated funds|15,548<br>15,548|5,157<br>5,157|3,571<br>3,571|17,134<br>17,134|
||General funds<br>General funds|106,580<br>106,580|70,239<br>70,239|50,825<br>50,825|125,994<br>125,994|
|||122,128<br>122,128|75,396<br>75,396|54,396<br>54,396|143,128<br>143,128|
||Prioryear<br>Prioryear|At 31.3.2023<br>At 31.3.2023|Income<br>Income|Expenditure At 31.3.2024<br>Expenditure At 31.3.2024||
|||£|£|£|£|
||Designated funds<br>Designated funds|||||
||(a) Charities Advisory Trust<br>(a) Charities Advisory Trust|385<br>385|-|-|385<br>385|
||(b) Collection<br>(b) Collection|18,963<br>18,963|1,194<br>1,194|4,994<br>4,994|15,163<br>15,163|
||Total designated funds<br>Total designated funds|19,348<br>19,348|1,194<br>1,194|4,994<br>4,994|15,548<br>15,548|
||General funds<br>General funds|87,093<br>87,093|61,411<br>61,411|,924<br>41,924|106,580<br>106,580|
||Total unrestricted funds<br>Totalunrestrictedfunds|106<br>,441<br>106,441|62,605<br>62,605|46,918<br>46,918|122,128<br>122,128|



(a) (a) Charities Charities Advisory Advisory Trust: Trust: In In 2008 2008 the the Charities Charities Advisory Advisory Trust Trust generously gave generously gave the the charity charity €5,000 £5,000 to to spend spend as as it[it] wished. wished. The The directors directors decided decided[to] to spend spend the the grant grant on on items items[that] that could could not not otherwise otherwise have have been been afforded afforded and and keep keep it[it] in in a a separate separate fund fund so so[that] that the the donor's donor's generosity generosity could could be be fully fully appreciated. appreciated. (b) (b) Collection: Collection: The The fund fund represents represents the the amounts amounts set set aside aside by[by] the the Trustees Trustees[for] for the the maintenance maintenance and and development development[of] of the the Collection, Collection, 

14 14 Restricted Restricted Funds Funds 

The The[restricted] restricted fund fund related related[to] to the the purchase purchase of[of] photographic photographic equipment equipment[for] for use use solely[solely] by by the the[Collection,] Collection, 

> 12 12 



> Knitting Knitting Crochet Crochet Guild Guild Notes Notes to to the the accounts accounts 

> For For the the year year ended ended[31] 31 March March 2025 2025 

15 15 Allocation Allocation of of net net assets assets between between funds funds 

||Restricted<br>Restricted|Restricted<br>Restricted|Designated<br>Designated|General<br>General|Total<br>Total|
|---|---|---|---|---|---|
||Funds<br>Funds||Funds<br>Funds|Funds<br>Funds|Funds<br>Funds|
|2025<br>2025|£||£|£|£|
|Fixed Assets<br>Fixed Assets||168<br>168|101<br>101|14,849<br>14,849|15,118<br>15,118|
|Cash at bank and in hand<br>Cash at bank and in hand||208<br>208|17,033<br>17,033|94,885<br>94,885|112,126<br>112,126|
|Othernet assets<br>Other net assets||-|-|16,260<br>16,260|16,260<br>16,260|
|2025 Total<br>2025 Total||376<br>376|17,134<br>17,134|125,994<br>125,994|143,504<br>143,504|
|2024<br>2024||||||
|Fixed Assets<br>Fixed Assets||351<br>351|603<br>603|15,178<br>15,178|16,132<br>16,132|
|Cash at bank and in hand<br>Cash at bank and in hand||266<br>266|14,945<br>14,945|79,370<br>79,370|94,581<br>94,581|
|Othernet assets<br>Other net assets||-|-|12,032<br>12,032|12,032<br>12,032|
|2024 Total<br>2024Total||617<br>617|15,548<br>15,548|106,580<br>106,580|122,745<br>122,745|



> 16 16 Related Related[party] party transaction transaction Except Except as as disclosed disclosed above above[(in] (in respect respect of of Trustees) Trustees) there there were were no no transactions transactions with with related related parties parties 

> or or connected connected persons persons[in] in[the] the year. year. 

13 1S 



## Independent Independent Examiner's Examiner’s[report] report To To the the Trustees Trustees[of] of the the Knitting Knitting & & Crochet Crochet Guild Guild[('the] (‘the Company') Company’) 

I | report report to to the the charity charity trustees trustees on on my my examination examination of of the the accounts accounts of of the the Company Company for for the the year year ended ended 31 31 March March 2025 2025 set set out out on on pages pages 6-13. 6-13. 

## Responsibilities Responsibilities and and basis basis of of report report 

> As As the the charity's charitys trustees trustees (and[(and][also] also[its] its[directors] directors[for] for the[the] purposes purposes[of] of company company[law)] law) you you are are responsible[responsible][for] for the[the] 

> preparation preparation of[of] the the accounts accounts[in] in accordance accordance with with the the requirements requirements[of] of the the Companies Companies Act[Act] 2006 2006 (‘the ('the 2006 2006 Act'). Act’). 

> Having Having satisfied[satisfied] myself myself[that] that the the accounts accounts of of the the Company Company are are not not required required[to] to be be audited audited under under Part Part 16 16[of] of the the 2006 2006 Act Act and and are are eligible eligible for for independent independent examination, examination,[I] |[report] report[in] in respect respect of of my my examination examination[of] of your your charity's[charity's] accounts accounts as as carried[carried][out] out[under] under section[section][145] 145[of] of the[the] Charities Charities[Act] Act[2011] 2011[('the] (‘the 2011[2011][Act').] Act’).[In] In carrying[carrying][out] out my my examination examination[I] | have have followed followed the the Directions Directions given given by[by] the the Charity Charity Commission Commission under under section section 145(5) 145(5) (b) (b) of of the the 2011 2011[Act.] Act. 

> Independent Independent Examiner's Examiner's statement statement I | have have completed completed my my examination. examination. I | confirm confirm that that no no matters matters have have come come to to my my attention attention in in connection connection with with the the examination examination giving[giving] me me cause cause to[to] believe: believe: 

- 1 1 accounting accounting[records] records were were[not] not kept[kept] in[in][respect] respect[of] of the[the] Company Company as as[required] required by[by] section[section] 386[386][of] of the[the] 2006[2006] Act; Act; or or 

- 2 2 the the accounts accounts do do not not accord accord with with such such records; records; or or 3 3 the the accounts accounts do do not not comply comply with with the the relevant relevant accounting accounting requirements requirements of of section section 396 396 of of the the 2006 2006 Act Act other other than than any any requirement requirement that[that] the the accounts accounts give give a a 'true ‘true and and fair fair view’ view' which which is is not not a a matter matter considered considered as as[part] part[of] of an an[independent] independent[examination;] examination; or or 

- 4 4 the the accounts accounts have have not not been been prepared prepared[in] in accordance accordance with with the the methods methods and and principles[principles] of[of] the the Statement Statement[of] of Recommended Recommended Practice Practice for[for] accounting accounting and and reporting reporting by[by] charities[charities] [applicable [applicable to[to] charities charities[preparing] preparing their[their] accounts accounts[in] in accordance accordance[with] with[the] the[Financial] Financial[Reporting] Reporting Standard Standard applicable applicable[in] in the the UK[I-JK] and and Republic Republic of of Ireland Ireland (FRS (FRS[102)].] 102)]. 

- | I have have no no concerns concerns and and have have come come across across no no other other matters matters in in connection connection with with the the examination examination to to which which attention attention[should] should be be drawn drawn[in] in this this report report[in] in[order] order[to] to enable enable a a proper proper[understanding] understanding[Of] of the the accounts accounts[to] to be be reached. reached. 

Maa AN. P. P. A. A. Ryan Ryan MA(Ed), MA(Ed), FCA, FCA, DChA DChA 66 66 Fountain[Fountain] Road Road London London SW17 SW17 OHQ 0OHQ 


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2025 \ \ a, a, 2025 

14 14