THE GREGSON COMMUNITY & ARTS CENTRE Company Registration Number 05676887 Charity Number 1115084 The Gregson CommunityAssociation Ltd Trustees, Report and Financial Statements For the Year Ended 31 March 2025 AccouKfs MArrERS LTD 3-2-1 &orey House White Cross L8n¢aster Lancashire LA14XQ The Gregson CommunltyA880Glatlon Ltd Flnon¢lalStsternonts forthe Year Ended 31 March 2025 Contents Page Number Rof•Ton¢e & Admlnlgtratlon Dgt4118 Report of tho Tru8ts88 IndgP8nd•nt Examlnorkn Roport 15 Flnanelal Ststements 18 The Greg8on CommunltyA88oclallon Ltd FlnanclalStstemont¥ for'tho Year Ended 31 Ma￿h 2025. . . Rof•renee and Admlnl8tratl¥o DotsKg Registered Charlty Number 1115084 Company Reglstered Numbor 05676887 Emma Rucastle Katherine Bevlngton Matthew Deighton Helen Jackson- Treasurer J8m88 Murphy Kate Aspinwall Emma B8inbrldge Helke Horsburgh Guy Chrlsll8n8en-Chalr- appolnted 18109124 Kaarina Leong- appointed 18109124 Kyle McKenzle-8ppolnted 18109124 David Shootsr- appolnted 18109124 Anya Nannlng Ramamurthy- resigned 18109124 Mlch8el Sum8ion - re8igned 18109124 Company Secretsry Emm8 Rucastie Chl8f Exocutlve Offlcor Charles Tyrer Registered Offlc6 Gregson Communlty & Arts Centre 33- 35 Moorgate Lancaster L8ncashlre Independent Examlner Chrfstlne Harwood Account8 Matterè Ltd 3-2-1 Storey House Whfte Cross Lanca8tsr LA14XQ The Grnggon CommunltyA8soclotlon Ltd Tru8t888' Annual report fortho Year Ended 31 M•r¢h 2tr25On¢ludlng dlreolor8' report) :. The Trustees. who are 8180 dlrectors forthe purpo8e8 of company law• pre80ntthelr report and the flnan¢l8l8t8tements ofthe charltyforthe yaarended 31 March 2025. The Trustee8 have adoptsd the provl3lon8 ofthe Ststemant of Recommended Practlco ISORP) "Accountlng and Reportlng by CharMe3" (FRS 102) In preparingthe annual report and financlal ststoments of the charlty. The Ilnanclal 8tatement8 hth been prepared In accordance wlth the 8ccountlng poucles set out In the note8 to tha accounts and compty wlth the Trusvs govemlngdocumenL th8 Charltl88 kt 2011 and Accountlng and Reportlng by Charltles: Statement of Recommended Practlce 8ppllcable to charltlas prep8rlngtheli accounts In accordance wlth the Flnanclal Reporting Standard for Smaller Entltle8 8ppllcabl8 In the UK and Repubuc of ITeland published in October 2019. Introductlon The Gregson CommunltyAs8ocl8tlon (GCAI has been 8 charlty glnce 1983wlth tho object￿0. Yo promote and encourage dl8CU88lon and p8rtlclp8tlon In arts and communlty events. i8SU8s, a¢tMtle8,, and group8 In order to Improvo tha quallty of Ilfe forth8 vthoie communlty. To exctte. engage. 8tlmuiate and fulfiL° We beileve comrnunltles need 8pace8 to come together, opportunltles to be creative and have shared experlences. We are 8 communlty led ch8flty that has the honour of pr08ervlngand dev8(oplng L8nc88ter'8 oldest communlty hub- The Gregson Communlty & Art8 Centre. Bullt In 1889 to 'SeNe the need8 of the people,. our charW8 m1881on 'for people to be In the drlvlng 8eat of thelr cornmunlty events and cultur81 experlence8' bulld$ on th18 and the unlque culturo that h88 developod h¢ig over decade3- 83 a re¥pon¥lve, 8ra83roots communityorganlsatlon. Followlngtho pandemlc we tran8formed our busln098 fflodei and undertook a'communfty take back, of the centre. Grovrth h88 been r8pld and Insplrln& In 8 challen8lngflnanclal cllmate we have focu8ed on doveloplng su8talnabie earned Income sources throuth our charltabie actlvltle8 and our communtty C8fo Bar. The88 accounts retlecttho flrst year 81nca we have $8t UP 8 wholly ownad subsldlary of tho charlty- Gregson Tradlng Umlted (GTL). Th18 new company 18 8 wholly owned 8ub81d18rywhich began tradlng on 1 Aprll 2024. GTL18 re3ponslble for maxlml8lng earned Income {malnly our Communlty Cafg Barl from non-l charltabie actlvltle8 wfthln the ethos of GCA and otexp8ndlngthi8 8tre8m to benefltthe charlty. The Board of GTL has veryqulckly become an Impresslve addttlon to ourvolunteer ba8e.8llowlgg DlreGtor8 of the company (majority are at80 GCA TTU$tees) the tlme and space to make recommendatlons to the GCA: Board regardlng earned Income. Both boards are wolklng effectivelytogether to strengtfyen the Gregson'3 roi8 in the community. The creatlon of GTL m•8n8 that th08• a¢¢ounts am not dlr•¢tty ¢omp8rabieto188ty•ar. To 8•t • qragp oltho organl8atlon t￿0 on￿￿Tal0 you to road tho GTL accounts aiong8ldo the•9. Acr088 both organi8atlon8- ourtumoverhas increa8ed In th6188t year by 25%. Meanlng since the GCA took on tha runnlng of tho charlty dlrecttythe organlsatlon has grown by81m08t 7tlrnos - from under £90,000 to £625.000- a transf0M￿tIOnaL leap th8tdemon8trate8 the demand lor our work and our 8blllty to deuver at scale. The Gregson CommunityAsso¢iation Ltd Trusta8s' Annual iaportforthe Year Ended 31 March 2025 (contlnued) An increase in turnover represents an increase in the socialvalue we are having. The centre Is now home to over 70 creative and community groups- upfrom 50 in the previous financlalyear. Our arts and creativity offer has flourished thisyear: from sell-outtheatre and dragcabaretto Lancaster Music Festiv81. We have also made significant progress in sustainability. We worked toward5 ourvision for 2027 'to tr8nsform our historic building and spaces into inspirational contemporary places that enable our communityto thrive., This year we rebuilt one of the centr8 chimneys. replaced the cellar coolers, replaced the unwi81dy stage in the main hall with a portable solution thatwe plan to make tully accessible with a ramp when funds allow and more! The biggesttransfoTmatlon was the replacement and restoration of allthewlndows and doors on the ground floor ofthe building. These Investrnents have come at 8 cost and the charity has had to use reserves this year to payfor these. This planned flnanc181 outlay was a decislon made at Board level to invest In the organlsation followlng several years of the GCA making a small surpius1É21.990 In the last financial yearl. Financial management has and wlll remain a prioritylorthe Board who willcontlnue to examlne Management Accounts at Board meetings every 6 weeks. However, due to the overperformance against budg8t8d prèdictions use of reserves has been less than planned. As we move fo￿ard, it is essentialwe begin thlnklng about growing our reserves levels in line with our reserves policy of h8vlng three months oper8ting costs In reserves. This18St y8ar has been the most stable forthe Gregson in manyyears and has reinforced th8 Gregson's role as Lancaster's home for culture. connection. and wellbeing. Structura Governance and Management Governlng Documont Having adopted the Charitycode of Governanceforsmaller chaiities in 2021-22. this yearwe bullt on our good progress In supportingthe application ofthe Code ofGovern8nce. This included". Designinga new strategic plan 2024-27, informed by a comprehensive organisational risk regist8f. Facilitatlng an annual away day, allowingtrustees and the CEO to explore longer-term stiategic priorities for the charity. Adopting a portfolio, approach for trustees. allowing trustees to have a greater understanding of. and influence over. the areas of HR, Safeguarding, Fundraising, Reserves and our Sub-Groups. The Greg8on CommunltyA88ocl8tlon Ltd Tru8tee$' Annual report forth•,YeaFEndgd 8114•r¢h 2W45 (wrtlnuod) • We now have a fomial partnership agreement In piaca vath one ofthe 8uWoups, and we are In, the process of.finatising 8￿08M0nts wfth the remaining two. These awments set out our . 8hared goa18, relnforce our commltmentto collaboratlve practlco, and 83tsb118h clear fr8maworksforlolnt w￿kIng. ObJactlv89'and Actlvlth for Pubuc Bendlt The GeA éxlsts to $8ieguard and nurture ttie Gregson Communlty & Arts Centre 88 0 place where creatlvlty, culture, and commuhlty lffe can tiourlsh. Our eharltable objectlves are re'allsed through varled programme of 8vent& actmtles. and servffices that respond dlrectlyto the need8 and Int8re8ts.0t,, L8nca8t6rf8.re81dents and visltors. We Temaln commltted to b8lng an open, Inclu8fv6. and w•tcomlng hub- offorfngopportunltle8 for partlclp8tlon, volunteerln& and cultural engagement- where people are In the drlvlng 8e8t of thelr commun1t￿8 creatlve and soclal Ilfe. In 2024-25 we grew our.ree¢h. 8d8Pted our approach. and bullt renewed anew. From Innov8tlv8 8rt8 progr8mmlngto wellbelngproJect8. from volunteer4ed Inltlatlves to mafvr fe8tlv818. we have workad to en8ure the Grégson 1$ a place where people feel connected. In8plred. and empowered. Ml8•lon. Alm•, and Valu V181on lor 2tr27 Tfan8form our hlstorfe bulldlngand 8pac•8 Into In$plratlonaL cont8mpowary placegth8t enable our coiiimunlty to thrlve. Mlsglon For peopieto be In the drmng 80at of theli communityevents 8nd eultural 0xparfen￿S. Alm8 Secure the Gregaon for future gan6ratlong. onsurlng ft remaln8 ClYltemporary.I ploneerlng, and communlty-led. Addre88 the cllmate emergmthrouts creatho. ¢ommunlty-l•d 8Ctlon and 3u8taln8ble cholceg In rthiTblshln8 our h18torlc bulldln& Achleve flnanclal robu8tne¥8 sothe communlty remaln8 In control ofthe charlty. Empower our communlty to try out and 8U8tsln Ideas. offerlng the space. sopporL ond encouragement to make them happen. 80 a ¥ofe 8pac8for au In Lancaster. pursulngdfverslty. equlty. and Incluslvfty In everythlngwe do. Values . We are friondly and make everyone feel welcome 8rKI 8UPPOrted •. We challenge oppression and prejudlce, and promots dlveraity • We are creatfve and find new way8 Ot makIngV￿untsry and community 8Ctltin"offectfve •' We arè dynamlc and worfcwlth purpose to get thlngs done and to 8chleve188tlrig Imp8Ct • We are communlty focu8ed and locally relevant The Gregson CornmunftyAssocl8tion Ltd Trustees, Annual report for the Year Ended 31 March 2025 (contlnued) • We 8re environmentally conscious W8 are Inclusive and accessible We support Ioc818m8rgng artistic talent and the development of the Lancaster regions creative ecology Achlev8ments and Pertorm8n¢e Respondlngto Our Communlty Health and Wellbelng The Health Support Programme. funded bythe LCVS Health Charnplons Fund. has been a major drlver of imp8Ct this year. Through it. we were able to supportand workwith eight newgroups. offering them free room hlre, promotion, and evaluation supportwith our partners from the divislon of Health Research at L8ncast8r University. Actlvltles Included: Sound B8th Sund8ys-one ol theflrstgroup3to18unch. attractlngconslstent particlpatlon and now established as a regular fixture. Evaluation highlighted its positive effect on stress relief and emotlonalw8llbelng. Baby Massage- meetlng the needs of parents and young parents with accesslble, preventative health support. Heallng Harmonleg-a slnglnggroup aimed at under-30s, piloted as Part of the programme. showcasing howyoung8r practitioners can test ideas in a supported environment. Mlndful Movement and Modlt8tlon and Hollstlc Creatlve Arts- newer sessions that bring together phy8lc81 actlvity, ment81 health support, and creativity. Our Breath ol Fresh Alr (BOFA} choir has been 8 flagship wellbeing Initiative. Performlng at evènts such as the Bay H88lth Festival in Dalton Squ8re. and engagingwith health partners includlngthe North L8nc8shlre Community RespiratoryTeam. BOFA exemplifies how collective $inging builds resillence. improves respiratory health. and enhances social connection In 8 community space. The choir continuesto anchorthe GCA'S he8lth-linked arts work. Our commitment to accessible wellbeing also extended into environmental and seasonal support. The Gregson w8S designated a Warm Hub in winter 2025. funded by Lancashlre Countycouncil. offeringfree hot drinks and safe space during colder months. Thisw8s complemented byvolunteer-led Initiatives $u¢h as Brew & Bantar. 8 weekly social prescribing referral point. Thè Gregson CommunltyAssoclatlon Ltd Trustees. Annual reportforthe Year Ended 31 March 2025 (contlnuad} 14lhv4ei Arts and Creatlvity Alongside wellbeing, the Gregson has curated a thriving and eclectic programme of8rts and culture. Highlights have included: Theatre and Pertormance-from Cre8tingC8rmen byTheTelling. directed by BA￿A nominee Nicholas Renton. tothe sell-out 8m8teur dramatics in the Lesbian MarxistP8ntomime and socially resonant productions like ThreeAcres 8nd 8 Cow. These have brought high- qualitywork to local audiences. while supporting emergingtalent through scratch nights with collectives such as La Piece. Muslc-the Gregson is now recognised as one of Lancaster's busiest live music venues. J8zz collaborations, indie gigs programmed by young promoters. folk concerts. and dr8g cabaret such as Ch8pped have built intergenerational audiences and positioned the venue as 8 unique meeting point of folk traditions and LGBTQ+ culture. The 2024 Lancaster Music FestlV81 cemented this reputation: with 42 events hosted. bar income of over£18,000. and record-breaking attèndance. the Gregson was the busiest venue in the city 8nd festiV81 goers voted us'the bestvenue, in the City. County of Song reported the Gregson is home to more community choirs than any othervenue in Lancashire. Film and Clnema-our role as a venue forthe Lancaster Internatlonal Fllm Festival and regu18r community cinema groups has expanded 8udience access to film culture. A dedicated mailing list and programming support are strengtheningthis strand of our non commercial. community cinema. Increase with private hirers using the cinema this ye8r has been significant and the cinema is more popularthan ever before for birthday parties and social occasions. Vl8ualArts and Crafts- monthlyArt Soclals, exhibitions. and Workshops have showcased local talent and fostered creative participation. From willow weaving and botanical casting to stained glass and painting. activitles have consistently sold out. rellecting strong demand for hands-on creative learning. Seasonal highlights such as the Christmas Market featured 13 local artists and confirmed the Gregson as a platform for local Creative enterprise. Integratlon of Arts and Hoalth What sets the Gregson apart is the integration of health and Greativity. Initiatives like the Health Support Programme show how creative activities (dance. singing, mindful arts) can serve as vehicles for health and wellbeing. The BOFA choir embodies this crossover. demonstrating measurable respiratory benetits whilst participating in creative activity in a community setting. Simi18rly, events such as Feel GoodFrid8y lin partnership with Lancaster University). the B8y He8lth Festlval Iwhlch we sre a key community partner) and Lancaster Unlversity's Campus in the City combined academic research. creative Practice, and community participation, reinforcingthe Gregson's role as a hub where health innovation and culture meet. Ourworkto pursuethe development of equitabl6. non-clinic81 approaches to supporting community health and wellbeingwas featured in a case study and podcast bythe University- 'Time. Power, Ethics 8nd Intent: A conversation on collaboration,. The Gregson CommunltyAssoclatlon Ltd Trustees, Annual reporttorthe Year Ended 31 March 2025 Icontlnued) Volunteering at the Heart of the Gregson Volunteering is atthe core ofour identity. From the runningof events to the shaping of long-term strategy, volunteers give the Gregson its distinctive community-driven energy. Over the lastyear. volunteers have not only delivered hundreds of hours of support but also led projects. established new groups. and directlyco-designed the centre's future. Scale of Involvement Across the year. we engaged 140 volunteers. contributing thousands of hours oftime. Volunteer action underpins everything from festivals to day-to-day operations. Activtties ranged from practical tasks like painting. maintenance and shifts in our community cafe bar. through to running peer support groups. hosting open mics designed for adults with additional needs, or leading Expert Hour talkswith the support of paid staff. .i'Y8 Volunteer led programming has flourished this year. Illustratively our Give & Take Days which promote a circular economyhave only bèen possible thanks to volunteers. 27 volunteers have given 156 hours to deliver this project. By early 2025. more than 20 volunteers wore supportlngthe café bar each wgek to Sustain daytime opening. while specialist groups created new cultural outputs like Expert Hour {the GCA'S localised version of TED Talks) led entirely by community members. Volunteer Coordinatlon A key factor in this success has beenthe dedicated work of our Volunteercoordinator. Thanks to Awards for All funding. we were able to increase thelr hours in18te 2024. allowing a more strategic approach to volunteer development. Volunteer Hubs Perhaps the most significant developmentthis year has been the creation of Volunteer Hubs- new structures giving volunteers leadership over specific areas. By early 2025, the first hubs had launched: Design & Vlbe Hub. which is leadingon branding and design projects, with volunteers creating visual materials and inviting public votes on final outputs. Premlses Hub. close to launch. will allowvolunteersto co-design and oversee the refurbishment of the building. These hubs representa shift from volunteers"helping out" to becoming co-producers ofthe Gregson's identity and infra$tru¢ture. Communlty Café Bar The C8fe Bar remains a vital part ofthe GCA and a keycommunity hub in Lancaster. The support of Gregson Trading Limited this year has seen the Cafe Barstrengthen with the introduction of newoffers such as Workfrom the Gregson. a new partnership agreementwith Toastwho are supplying affordable food seven days a week and the renewal of a three year supply agreement with Marstons. GCA and GTL Boards workverycloselytogether, share all minutes and financial infomiation and GTL has had a successful first year of trading. Overall the Cafe Bar exceeded financial targets - achieving turnover of£27.000 over budget1£394.408 in the year) 8nd increasingthe Gr05s Profit by £9,6791£87.578 in the yearl me8ningthat GTLwas able to donate tts profits of£33.002to GCA. ? The Gr8gson Cornmunlty Assoclatlon Ltd Trusteeg. Annu81 reportforthe Year Ended 31 March 2025 (contlnued) Iflu In a climate where pubs and cafes are struggling. It is uplifting that the Gregson is managing to run an iv ethical operation successfully whlLst: In Looking after Staff - all Cafe Bar Staff e8rn the Real Livingwage IRLW Foundatlonl or above, recelve stat holidays + 8 days + 1 d8y extra holidays for each ye8r of Service lup to S years) and we match penslon contrlbutions upto 5% for All stgff. Take procurement Seriously and support a range of local and regionalsuppllers Strlve to keep prices low forour communlty- we 8im for a 60% Gross Profit. The café bar has a committed te8m and has 8 low staff turnaround. By e8rly 2025, demand for posltions was exceptionally strong. wlth more than 100 appllcatlons received for new posts. This demonstrates the Gr8g8on'8 growlng proflle 8S an attr8Ctlve employer. • Please see our GTL accounts for more information on Communlty Cafe Bar p8rform8nca. HR 8nd People Appolntment8 and Transltlons In the financialyear we hav8 8greed p8y rises for all staff and th8nksto the B08rd's Remuneration &. Benefits Commlttee, adopted the prlnclpl8 to Incr88se pay 8nnually in Ilne wlth CPIH inflation. IVI Alongslde In¢re8sed capacity In the Community Cafe Bar as above, the administratiiie and offic8 functions al80 expanded. M8rketlng capacity increased when an exlsting role was extend&d to a full-tlme post. while finance functlons adapted to coverfamily leave. leadSngto the development of 8 new Famlly Leave Policy. Successlon planning was prioritlsed. wlth new trustees sh8dowing key board positions to ensure contlnuity. Speclallst 8XP8rtl$e has been bought In on a freelance basi8 to support technlcal and building m8n8gement. This has been invaluable for overseelng complex projects such as an acc85s1ble stage replacement and the largest capltal prol8¢t we have undertaken as a charity since running the bullding dlrectly - repl8cingirefurbishing the windows and doors. In 8dditlon. professional 8dvlce has been secur6d pro bono in areas such as engineering and compliance. addlng value without financial burden. )e.g,I r The Grogson CommunltyAssoclatlon Ltd Trustees. Annual reportforthe Yaar Ended 31 Mareh 2025 (contlnuod) HR Development The organisation has invested in workforce development and governance. All bar supervisors completed training to obtaln Personal Alcohol Llcences. ensuring compliance and raising operational st8nd8rds. Appraisal processes have been embedded across office staff. whil8 the barteam participated in an externally f8cllltated away day. whlch highlighted strong morale and alignment with the Gregson's mission and values. Regular HR reviews have ensured that issues such as safeguarding. paternlty 8rrangements. and policy development remain actsve priorities. Refurbl$hment3 and Improvem8ntsto the bulldlng Bet￿een May 2024 and March 2025, a range ofworks were undertaken across the site. Essential maintenance Included a naw hot water boller Instaliatlon in the building. and the re-bullding of a chimney and the installation of new coolers in the cellar (these had been cond8mned and newverslons will help us to reduce our energy bi115...1. ri Volunteer-led 'Do Up Days" atso contributed tothe upkeep of spaces. repainting keyareas across the building. These efforts not only refreshed the environment but reinforced community ownershlp of the centre. Structural investment has been critical. This year we have completed th8 largest capltal project since taking on the dayto day oper8tions ofthe charity and have replaced and or refijrblshed allwlndows and doors on the ground floor of the building includingthe dray hatch and the replacement of8 sandstone lintel by a stone mason 8t the side of the building. The work Is In k8epingwith our Austin & Paley heritage building and will make the bullding more efficient and make the charity more financi8lly resilient- the windows arè double gl8zedwood as per the restrictionsot us being based in 8 Conservation area. This significant project was done in true Gregson style with the help of major donor Sar8h Shelleywhos8 fundingwas used as match fundlngto th8W8lneyCommunity Extension Fund. 10 The Gregson CommunltyAssocl8tlon Ltd Trust8es' Annual report forthe Year Ended 31 March 2025 (contlnued) J I, Ilj IT elta, LiqnA '<¥JS- Donor Sarah Shelley commented: IqDIgV' '18m 8 proud and happy member of the Gr8gson. To s88 Its r8COV8ry from n88r d8ath (8ft8r covid) to the thriving organism that W8 hav8 today is little short of mir8culous. This was the result of 8 coalition of t8lented, good hearted. hard working8ndgenerous people who g8ve unstlntingiy to brlng our Gregson bgck for us all. BUT we must811 r8m8mber that our Gregson needs continu81 nurture 8nd effort on 8veryon8'S Part If itis to contlnue to serve Its purpose 8S the heart of ourcommunlty. VIVA THE GREGSONI" Work has 81so begun on 8 new portable stage wlth an accessible ramp. Improvingflexlbilltyfor performers and ensuring inclusivity for all audi&nces. The Gregson building is more than a venue - it is a community asset. By investing in it, we ar8 ensLsring that future generations contlnue to have access to a safe. adaptable. and Inspiring envlronment. Every Improvement h88 been linked to our misslon: better ventllation and heating m8ke wellbeinggroups comfortebleyear-round; upgraded staging enables professional-st8nd8rd arts activity: and refurbished Communal areas ensure that vlsitorsfeel welcomed and valued. The bullding also embodies our heritag8, houslng de¢ades of locel culture, whlle seNlng8S the launchpad for new ideas. Investing in its upkeep signals our long-term commitment: thatthe Gregson wlll rem81n not lust actlve, but thrivlng. as a p18ce where 8rt5, health, and communlty Ilfe Intersect Volc88 from the Communlty The true measure ofthe Gregson's impact Iles not only in numbers but In thevolces of those who use, support, 8nd experience the centre. Across 2024-25, community members. artlsts. f8cilitators, volunteers, and audlences have Shared their reflections, c8Pturlngthe Gregson's unique role In Lancaster. A Place ofwelcome and Belonglng Tlme 8nd again, people describ8 the Gregson as w8rm, inclusive. and unllke anywhere else. One partlclpant said Simply: "Ir's alre8dywh8t I want It to b8-8 friendlyplace th8tyOU C8n fèel ¢omfort8ble going onyourown to." Another echoed this sentiment onllne: "A Iov81ypl8ce with agre8t8tmosphere. Seemlngiy 8ndless 8nd v8ried list of activities fun 8t thls 8rtS and communlty centre. 88SICglly this is everythlng8 Ioc81 centre should be. Arts and CreativSty That Inspire Artlsts and performers frequently highllghtthe 8UPPOrtlve envlronment. After the Lancaster Jazz Fe$tlVg1, an organiser wrote: "Yes, still buzzing from 8 f8nt8Stic weekend. Youf support8ndguid8n¢e was m8sSiV8Iy Valued 8nd we felt well looked 8fter... there was justg W8rm glow over everything." Young people, too, havefouncl opportunity here. FollowSngthe Young Promotèr programme, one pr8Ctitionercommented: "The whole tmosphere was so friendly, supportive and fun- 8 r881 community reeling, Ther8 aren't m8nyp18ces where th8t would h8ppen. The Gregson is a r88llysp8cl8lp18¢8-longmayitcontinu8. 11 The Gregson CommunltyAssoclatlon Ltd Trustees, Annual r8POrtforthe Yaar Ended 31 March 2025 (continued) A Centre for Everyone As one community member summarlsed". "Imovedto L8ncasterover2years ago and the Gregson sArt& Community C8ntr8 truly deservas its n8mo.' friendly. lots of events & regular activitias happening there.. music. dance. cinem8. various clubs. I do Singing there as well as Jive & Salsa + Eurodance at the mom8nt. Gregtgigs too 8nd fr88 liv8 music in the bar." Together. these voices illustrate what statistics cannot.. the Gregson is more than a building or a programme. It is a place where people feel inspired. connected, and proud to belong. The development of Radio Gregson lour volur*teer led podcast) this year has beeri an opportunity to capture some of these special reflections from within our community. Looklng Ahead to 202￿26 We plan to: tj," Advance Vlslon 2027 buildingtransformation. Expand Volunteer Hubs. Strengthen fin8ncial sust8in8bility through strategic fundraising and commercial development. Grow our arts and health offer. embedding creativity in wellbeing. Continue as a safe. inclusive. and welcoming space for 811. Our M8mb8rs & Support8rs Continual growth of our Membership Is essential in orderfor us to increase community engagement, helpingto put our community atthe heart of our thinking. We also have Supporters - most ofwhom choose to be members alsowho help us with a financial contribution each month. It is encouragingand reflective of OLsr increased social value that our membership has increased from 292 in the last financial yearto 388thisyear. Vital unrestricted income from supporters has also risen from £3.495to £8,356. Gregson Sub GfOUPS The Gregson Festlval Group has excelled thisyear. most notably through the delivery of the Bonf ire Night event. Donations exceeded all previous records. reflecting both the strength of community SUPPOrt 8nd the high quality of the experience provided. Feedback from 8ttendees was overwhelmingly posltive, underlining the group's ability to deliver memorable, safe, 8nd inclusive celebrations that brlng people together and strengthen local pride. 12 Tho Grng8on CommunltyA880clatlon Ltd Tru8tee8' Annual r8POrt forthe Year End8d31 March. 2025{contlnued) . Meanwhile, the Frfends of Ml98 WhaU8y's Fleld have contlnued to m8ke remarkable p.rogress In enhan¢ingand rewildlngthe space. Byworking Floselywlth lo¢al.volunteer group3 and a young pgrsons: charfty. thay have slgnlficantly Increased communlty eng8gement,whlle Improvlngthe iand8cape.and acce8slbillty. In p8r8llel, the Highfield Commlttea, supported by GCA Trustee8. h88.submbtted funding appllcatlons for £50.000 to resurface and update thelr Multl-U88 Game¥Ar88. Thls proJectwlll'lncre88e both capaclty and toottall. en8urlngthe space remalns 8 vltsl hub for sport, recreatlon, and community 8Ctlvlty. Conclusion 2024-25 wag a year of momentum. re8lllence. and creatlvity. We deepened communlty reiatlon8hlps, broadened our cultural offer, and made tangible progress towards 8ecurlng the Gregson's future. Wlth Strongvolunteer ener￿. commltted stsff. 8UPPOrtlve partners, and a ¢learv181on, we are well-pt8ced to meet the challenges and opportunltle3 of the year ahead. The journey to 2027 i9firmly undenvay. We thank every member, 8UPPOrter, volunteer. 8taff member, trustee, funder• partner, and vlsftorfor being part of our Shared 8tory. 13 The Gregson Communlty Aggoclatlon Ltd Tru8t808' Annual Roport for the Ygar Endad 31 March 2026 {¢onllnugd} Tru8ts88' Re$pon8lbllltl•8 The Trustees (who are a180 dlrectors of The Gregson CommunltyAs8oclatlon Llmlted forthe purposes of company law) are respon3lble foi prepartngthe Trustees, Annual Report Ilncludlngthe Str8te(Ic Report} , and the flnanclal 8tatement8 In accordance wlth appllcable law and Unlted Klngdom Accountlng Stsndard8 (Unlted Klngdom G8nerallyAccepted Accountlng Pr8Ctlc8). Company18w requlre8 the Tru8ts88 to prepare Ilnancl81 statements for èach flnancl81 y8af. whlch give a true and falr vlew of the state of affairs of the charltable company and of the Incomlng re8ource8 and appllcatlon of re8ourc88, Includlng the Income and expendbtura, of th8 charltable company forthat perlod. In preparlng these flnenclal statement8, the'Trust8e8 are requlred to: Select 8uEtable accountlng pollcles and then apply thern consistently. observe the method8 and prlnclples In the Ch8rltles SORP 2019 IFRS 102). make judgements and estlmates that are reasonable and prudent. state wheth8f 8ppllcabie UKAccountlng Standards have bean followed. subjecttb any mateflal departures dlsclosed and expialned In the flnanclal 8tatern8nts. prapare the financlal 8tatement8 on the golng concern ba818 unle88 It18 Inapprapflate to pre8umo th8t the Trust wlll ¢ontlnue In operatlon. Tha TNstees are respon8lble for, keeplng adequate accountlng record8 th8t dl8c108e Wlth roasonable accuracy at anytlme the financlal po8ltlon of the Tru8t and enable thern to ensure that the flnanclal 8tatement8 comply vllth the Companle8 Act 2006. They are 8180 responslble for gafegu8rdlng the a88et8 of the Tru3t and hence lor taklng rea8onable Steps for the preventlon and detectlon of fraud and other Irr68ularltles. The r8POrt h88 been prepared havlngt8kan advantage otthe small companle8 exemptlon In the Companlo$ A¢t 2,006. By ordgr of th• Tru8teo8 Guy Chrfstl8n8on Cholr Date: IL IL l6IS 14 The Gregson CommunityAssoclatlon Ltd Year Ended 31 March 2025 liij noi Independent Examiner's Report tothe Trustees of The Gregson CommunltyAs8ocl8tion Ltd.: I rèportto the charitytrustees on my examination ofthe accounts ofthe ¢ompanyfortheyear ended 31. March 2025whlch are set out on pages 16 to 29. Responslbllltles and basls of report As the charitytrustees of the company land also its directors forthe purposes of company lawl you are Tesponsibleforthe preparation ofthe accounts in accordance with the requirements of the Companies Act 20061.the 2006Act'l. H8vingsatisfied myselfthatthe accounts ofthe 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 company's accounts as carried out under section 145 of the CharitiesAct 20111.the 2011 Act'l. In carrying out my examination I have followed the Directions given bythe Charity Commission under section 145151{bl ot the 2011 Act. Independent examlner's statement Since the company's gross income exceeded £250,OOOyour examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of CIMA which is one ofthe listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving m& cause to believe that in any materi81 respect: accounting records were not kept in respect of the company as required by section 386 of the 2006Act; or the accounts do not accord with those records" or the accounts do not complywith the accounting reqLtirements of section 396 ofthe 2006 Act other than any requirement that the accounts give a 'true and fair view. which is not a matter considered as part of an independent examination. or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting bycharities [applicableto charities preparing their accounts in accordance with the Financial Reporting standard 8pplicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other matters in connection with the examination towhich attention should be drawn in this report in orderto enable a proper understandingofthe accounts to be reached. Signed: Name: Christine Harwood ACMA Address: Accounts Matters Ltd 3-2-1 Storey House White Cross Lanc8Ster LA14XQ Date: 16.12. 202S 15 Statement of Flnanclal Actlvltles (Incorporatlng the Ineome and Expendlture account) The Gregson Communlty Assoclatlon Ltd For the year ended 31 March 2025 Note Unrestrlcted R88trlctod Total 2025 Total 2024 Incomlng Ro8iJur¢o8 Donations, ￿nts end legacieg Chaiitabie 8ctivlties Gregson atHighfieidSpoits Gmund Room Hire Subscriptions Other tradlng activitres Rent recelved from Gregson Tr8dlng Ltd for use of the b8r Investment income Total 58.559 49.564 108.123 1.390 89.777 3,068 9.242 1.390 89.777 3,'068 9.242 7,335 82.616 3,495 337.211 .16,320 16.320 670 179,026 670 228.590 49.564 498,047 Resour¢08 Expondad Ralsingfunds Ch8ritsbie activities Dirnctproi8Ctcosts Gregson 8tHigfifield Sports Grnund Pr8mlses costs Other Total 90,569 7,067 97,636 85.643 3,259 6,718 53,1S6 38,404 192,107 15,676 18.935 6.718 75.794 38.433 237.517 . 27.400 . 22,638 29 45,410 348.696 473,994 , Not In¢omel(Exp8ndltura) 13.080 4154 Transfers bet¥%Ben fund8 1￿17 (801) Not movement In funds bsforo tsx {13,881) 1&927) 24,053 Tax payabio 2,057 2,057 (2,083) Not movomant ln fundg ' (11,824) 49 (6.870) 21,990 Totsl Funds broutht folward 412,625 15.962 . 428.587 406.597 Total, Funds rArrfe(l knvlard 18.17 400,801 20￿17 421,717 428.587 Ali Income and expendlture dorivejlrom contlnulng actl¥ttles. The 8t8tsmentof flngnclalactlvltl88 Inc(udos 8Ligain8 and1088es recognl8ed durlngthoy88r. 16 The Gregson CommunltyAB8oclatlon Ltd A8 at 31 March 2025 Ag Restatèd 2024 Noto 2025 Flxed Assets Intangible A8sets Tanglbie Assets 17,475 341.558 24.376 336.173 10 359,033 360.548 CurrentAssots Stock (now held In GTL): Debtors Cash at bankand In hand 9.212 , 27,432 .. 93.937 , 130,581 11 62.540 74.122 136,662 {56.873) Cradltorg: amounts fawng duo wlthln one y8ar 12 (34.573) Not CurrentA$80ts 79,789 96.008 TotalAs-8ets less Current Llabllllles ' 456,556 Credltora: amounts tslung duo over onoyoor Notasseis 13 (17.105) (27..9691 421.717 428,587 Fund8 Unrestrfcted fund8 Oeslgnated.fund8 Re8trlcted fund8- 17 -47 18 64.467 348.158 15.982 348.158 20.917 421.717 Tolal Funds 428.587 Forthe year ending31 March 2025the comp8ry W8$ entitled to exemption from audtt under 8e'ctlon 477 . of the Companles Act 2006 rei8tingto small companies. Director8. responslbllitle8: O) The memb8r8 have not required the companyto.obtaln an audlt of It8 accounts forthe year In questlon in accordance wlth sectlon 476. (li) The dlrectors acknowledge thelr responslblllties.torLomplyingwlth the requlrements of the Act with resp8Ct to 8ccountlng records and the preparation ol accounts. These accounts h8V8 been prepared Tn'8¢cordance wlth the speclal prov181on8 for small companles under Part 15i)tthtrCompanlesAct 2006.- . . These 8ccount8 were apwoved tythe dlrectors and airthorised for Issue on onthelr behalf ty: IL.Iz.t£ and are ￿8￿ed Guy ChrlstlarMn Chalr Helen J8ckson Treasurer Company ReO8tratlon No: 05676887 The note8 on p8ge8 18 to 31 forn part of these fln8nclal ststements. The Greg8on Communlty A88oclatlon Ltd Notsg to tho Flnanclal Statomonts Y•ar Endod 31 Ma￿h 2025 Summary of sknmlcant aecountlng poUclo• General Informatlon and ba818 of pr8poratlon The Greg8on Communlty Assocl8tlon Ltd Is 8 chartty Ilmfted by guarantee reglstered En6Land. The addre88 of the fegistered offlce18 Oven In the cherfty Informatlon on page 2 of these flnanclal *atements. The nature of the charitys operatlons and principal activltles is the operatlon ol a communlty centre. The charlty constltutes 8 publlc benefft enuty 89 defined by FRS 102. The fln8nclal statements have been prepared In accordance with Accounting and Reporting by Ch8rltle8: Ststsment of Recommended Practlce appllcabie to charltles preparlngthelr accounts In accordance wfth the Flnanclal ReportlngStand8rd applfcabte In the UK and Republlc of Ireiand188ued In October 2019, the Financlal Reportlng Standard appilcable In the United Klngdom and Republlc of Ireland (FRS 102), th8 Charltles Act 2011 and UK GeneraUyAcceptad Accountlng Practlce 8nd comply wlth tho SORP provl8lon8 currently In eff•ct. The financlal 8taternents are prepared on a golng concern ba818 under the hl3torlcal ¢o$t conventlon. modlfled to Include certaln Items 8t talrv8lue. The fin9ncial statements are presented In 8terllngwhlch Is the functlonal Cu￿encY of tha charlty and rounded to the nearest £. The signltlcant accouritln8 pollcles applled In the preparatlon of these flnanclal ststements are Set out below. The8e pollcles have been conslstentiy appllod to ali year8 presented unle88 Otherwl8e stated. Incomlng r080urco8 All Incomlng resource8 are Included In the Statement of Fln8nclalActlvttle8 {SoFA) when the ¢harlty18 legally entltled to th8 Income after any performance ¢orKlltlons have bean mat, the amount can be m888ured rellably. and It Is probable that the income wlll be rac8lv8d. For donatlons to be reco8nl8ed the ch8rtty wlll have been notlfled of the amounts and the 8ettiement dato In wrltlng. If there are condltlon$ attached to the donatlon and thls requlre8 a level of perfoimance before entltlement C8n be obtalned. then Income18 deferred untiithos¢ condltlon8 ale fully met or the lulfllment of those condltlon818 wlthln the control of the eharlty, and It18 prob8ble that theywlll be fulfllled. Donated f8cllltbe8 and donated pr(ifes51on81 servlces are recognlsed In Income at thelf falr v9lue when thelr economlc beneflt Is prob8ble, It can be measuied rouably. and the charlty ha8 control over the itsm. Falr value Is determlned on the b8818 of the value of the Oft to the charlty. For exarnplo. the amount trie chaflty would be wllllng to Pay in the open market for such facllltle8 and 8ervlce8. A corr08pondlng amount18 recognlsed In expendlture. No amount18 Included In the finenclat st8toments forvoiunteertlme In Ilne wlth the SORP (FRS 102). Incorrie from tT8dlng actlvttle3 lriclude8 Income eamed from'fundral8lngevents and tradlng actlvltle8 to ral8e fund8 for the ch8TIty. Incorne Is recelved In exch8np for Supplylng goods and servlces In order to ralse funds and Is recognlsed when entitlement ha8 occurred. Interest on funds held on deposft Is Included when recelvable and the 8m¢)unt can be meagured rellably by the charlty: th'ls Is normally upon notlflcatlon of interest Pald or payable bythe Bank Incorne froiri room hlre Is generated from the hlre of the bulldlnls three available room8 at flxed rates. The rates are set silghtly below the commercl81 value of the room to allowth8 ch8rty to provlde the 8paces to the communlty in line wlth Its oblectlves. Oolng concern The Tru8t8e8 h8V8 a rea8onable expectstlon that the charfty has adequate resoure89 to contlnue In operatlonal exlstence for a perlod of at least 12 month8 from the date the accounts are approved and there 8re no materlal uncertaintles. Thus, the Trustees contlnue to adopt the going concern b88is of accountlng In preparlngtha flnanctsi statements. 18 Tho OroK80n Communlty A88oclatlon Ltd Nots8 10 the Flnanclal Statomonts Year Ended 31 Ma￿h 2025 1. **oountlng PoUole• (¢ontlnuod) Fund accountln8 Unrestricted lunds arefurKI8 Ivhlch are 8v8118bi8 for'u8e at the d18cretlon of theTN8toe8 in furtherance of the general obJectlv88 of the charlty. Re8trlcted funds are funds whlch are to be uged In 8ccordanc8 wfth 8pecfftc restrictlon8'lmpo3éd by donors or whlch have been ralsed by the chartty for partlcui8r purp0889. Any overspends are met by unrestrléted funds. Expondhurn All expendlture Is a'ccounted for ori an aceTuals basls and h8s been cl8sslfled underheadlng8 th8t aggr8gate 8t1 c08t8 related to the category. Expenditurelg recognlsed vihere there18 8 legal or constructlva obll8atlon til make payment8 to thlrd partle8. ft18 prob8bl• that the Settlement wlll be requlred, and the 8mount Of the obugatlon rAn be m￿sUred reuabty. Tangible Flxed A880ts and Depreclatlon. Tanglble flxed assets are 8tated at ¢03t1888 deprecl8tlon. Depreclatlon18 provlded at rate3 calculated to wrlte off the c'08t le88 83tlmated re8ldual value o! each 838et 0￿r lts'expected u88ful ltte 88 follows: Freehold Property. 29b 8traight Ilne- rn81du8l valua now reached. Machlnery and Fqulpment 25W33% roduclng bat8nc8. Amort18atlon Amortl88tlon18 catcuiated 80 asto wrlts off the cost of the 8388t. le881ts 88tlmate re8ldual valua. i)ver the useful aconomlc Ille of that 888ef a8 followg: Goodwlti 10 years stralght Une Web81te c08ts 5 yeor8 8troight Une Stock Sto¢k of materl81818 valued 8t li)e lowér of Go8t and not re81188bie voiue. aftor ma.wng due allowance for otssolete 8nd 81oW-movlng kems. Debtor's and aecnied Incomg Dèbtor8 8re recognlsed at the sott(•ment amount due after 8nytrado dlscounts all(ywed. Prepayments ere Qalued at the ainourit prep4ld aftei taklng account of any trade dlscounts due., Ca$h ai bank ahd In hand Ca8t at bank and In hand Includ88 C88h and short tefm highty Ilquld Inve81ments wlth 8. short rnaturlty of three month8 or less from the date of 8cqu181tlon or openlngof thé depo8lt or 81mliar accounL ' Ctedltor• and provlglon8 Credltor8 and provlslons are recognlsed wher8 the charfty ha8 a pr•8ont obUg8tlon re8ultlng from a p88t event that wlll probably résult In the transfer of fund8 to a thlfd p8rty and the amount due to settle the obllgatlon c8n be m88'8ured or estlmated reil8bly: Credltor3 an'd provlslons ara normally recogn18éd at thelr settlement amount after allowlng for any trade dlscount3 due. Pen81on8 The charltable'company operates a defined contflbutlon penslon scheme. and the penslon chaTg8 represents the amount Payable by the charlty In.￿1)ect of the y88r. The 888et8 of the 8chema 8r• h•ld soparate from th088 of the charitable comp8ry In Independently admlnlstered lund8. Government grants Government gr8nt8 are recognised at the f8lrv8lue of the 8&8et recelved or r•celv8ble when there is reasonable 888Ufance th8t tho grant condltlon8 wlll be meL and the grnnts wlil be recelved 19 Tho Gregson Communlty AJJ8ociatlon Ltd Note8 to the FlnanclaL Statements Yoar Ended 31 March 2025 Judgements and koy 8oUr¢￿ of 03tlmatlon uncertalnty In the appucatlon of the Ch8rWs accountlng pollcleg. thetTustees are requlred to make.Judgements. 8Stlmat88 and 8ssumptions about the ca￿ying amounts of assets 8nd118bllltlegthat are not readlly .apparentfrom other sources. Tha estlmates.and associated assumptions are based on historical . experlence and otherfactor8 that are con8ld8r8d to be relevant. Actual results may differ from these estlmates. The estimates and undellylng assumptions are revlewed on an ongoing basis. Revislons to 8ccountlng estimates ale recognlsed in the perlod in which the estimate is revised where the revislon affects only that period,. or In the period of the revision and future periods where the revision affect8 both current and futuie periods. Koy w38umpllons.Judgements and 88tlmatas In the opinion of the Trustees. there have been no 8i8nlficarrt Judgements made In the process of apptylng the above accountlng pollcles. There have been no key assumption3 concemlngfuture and other key sourc88 of egtlmation uncertalnty atthe reportlng date that have a signlficant rlskof causlng a material 8dju8tmentto th8 carrying amount8 .of assets and Ilabitities wlthin the nextfinanclal y88r. Nat Incomel8xpondftur• .(Deflclt)ISurplus Is ststed after chargln& . 2024 Depraci8tion Goodwill amortisation Ind8P8ndent examlnation fees 4.453 6.909 2,350 1.736 6.900 4.068 Incomo from donatlon8. yants and iegacl•• Unrestrfcted Rostrjct Fund8 Funds Total Funds Prloryoar Fund8 9.052 33.002 16,505 58.559 57.281 33.002 17.840 108.123 43.358 Gr8gson Trading Limfted donatlon Donations 1,335 49.564 30,026 73,384 Income from charltabie actlvltlog Totsl Funds Prfor Year Fund8 Fund8 Funds Greg￿n at Hiknfleid Sports Ground Room hlre Subscrlptlons 1.390 1.390 89,777 3,068 94,235 1.335 82.616 3.495 87,448 3,068 94.235 20 The Grog80n CommunltyAggoclatlon Ltd Notes to the Rnanclal Ststemonts Year Ended 31 March 2025 Olhertradlng acllvltles unrns￿cted R68trlctad Funds Totsl . Fundg .Prlor Year Fund8 . Bar Income . Art18tlc Development income Other income 333.027 4.010 174 337.211 8,974 268 8.974 268. &242. Invogtmentln¢om• Unr88trlcted R88trl¢ted . Fund8 Fund8 .Tolal Funds Prloryear Fundg B8nk Interest recoivable 670 670 .67.0 670 Totsl expendlture Slaff c08ts (note 81 Support Total 2025 Currentyear Cii8t8 of r818ing fund8- Expenditure of ch8rft8ble actlvltles 82,672 14.964 139,881 154.845 97.636 139,881 237.517 82,672 Staft costs (nots 81 ' Support costs Total 2024 . Prlor¥oar Costs of ralslng fund8 Expendlture of charltebie actfvitles 77.690 137.708 215,398 7.953 250,643 258.596 388.351 473.994 Tho Orogson CommunltyA8goclatlon Ltd Note8 lo the Flnan¢lal Ststemonts Yoar Ended 31 March 2025 Support costs are made up 88 follow8: Unrn8trlcted Ilostrlcted Fund8 Fund8 Total Funds Prlor Year Fund8 Dlrect project costs Fundralsing co8t8 Merch8nd188 Bar expenses Prem18e8 Costs Donatlon Telephone and Inter Cleanlng Prlntln& p08tsge and 8tatlonery Sundrles Grogson at Highlleld Sport8 Ground Software Ilcence8 Bank charges Bank Intsre8t Independent ex8mlner8 fee8 Depreclatlon Amortl88tJon 3,259 11,622 3.118 15.676 224 18.935 11.846 3.118 21,993 7.953 153.383 39.097 53.156 22,638 75,794 1.900 10.549 1,900 10.549 340 5.905 8.718 1,228 927 2.936 2.350 4.453 6,900 164.845 1.425 931 10.394 3,308 727 1.282 5,176 4291 1,736 6,900 258,598 5,876 6,718 29 927 2,936 4.453 6.900 115.332 39,512 Staff ¢o•t• and •mpioy•• b•nefft• The total 3tsff Costs were as follow8: 2025 2024 W8g88 and salarfes Employers Nl Pen81on costs Staff tralnlng 72,920 202,334 7,608 3,279 890 82.673 215,398 No employee recelved emoluments of more than £80.000 durfng the year. . £163.528 0*8tsff c08tswero recharged to Greg8on Tradlng Llmfted In the year. The average monthly number of employees and fulitlme equlvai•nt (Ffw durlngthe year was as followg: 2025 Number 2024 Number Ch8rlt8ble actlvltles 13 12 The Greg80n CommunltyA88oclallon Lld Nots8 to the Flnancl81 Statements Ygar Ended 31 March 2ty25 Intanglblo assots Goodwill Webs Totsl C08t orvaluatlon: At 1 April 2024 At 31 March 2025 63,000 63.000 3.000 3.000 66,000 66,000 Amortlaatlon: At 1 Aprll 2024 Charge forthe year At 31 March 2025 40.425 6,300 46.725 41.625 6,900 48.525 600 Net book value: At 31 March 2025 16.275 17.475 At 1 Aprfl 2024 22.575 .1.800 24,375 10 Tanglbloflxod 8880ts Freehold Property ' Flxiures and Equipment Totsi Cost orvaluatlon: At 1 April 2024 Addltions At 31 March 2025 . ' 402.133 . 56.884 9.838 66,722 459,017 9.838 468.855 402.133 Amortlsatlon.. At 1 Aprfl 2024 Charge forthe year At 31 March 2025 70.619 S1225 4453 56.678 122,844 4,453 127.297 70,619 Net bookvalue: At 31 Ma￿h 2025 331￿14 10,044 341.558 At 1 Aprll 2024 331.514.. 4,659 336.173 11 Dobtorg 2025 2024 Trade debtors Prekiayments Accrued Income GTL loan 10,306 5.857 37.372 13.658 11.154 2.620 62.540 27.432 23 The Orng80n CommunltyA880clatlon Ltd Note8 to the Flnanclal Ststements Year Ended 31 March 2025 12 Crgdltors: amounts faulng duo r*lthln ono year 2025 2024 Bank loan8 and overdr8ft8 (see note 14) Trade credltors T8X8tlon end S￿l8L 88curlty Accru818 Deferred Income GTL Inter co Other credltor¥ 9.720 14.605 11.572 1.900 6.498 11.142 1,438. 56,873 7.640 188 16,047 9.787 911 34.573 13 Cr•dllorn: amounts talllng du• ov•r on• yo•r 2025 2024 Bank108n8 (8ee note 14) 17.105 17.106 27,9P)9 27,969 14 . .Lo4n• 2025 2024 Falllng due wlthln 1 year on demand: b8nk108n8 Falllng duo betsvoen 1 end 2 years: bank Io8n8 Falilng due between 2 and 5 ye8r8: bank loan8 9.720 9,720 7,385 26.825 7,640 7,640 20,329 35,609 The bank loan18 8ecured by a legal mortgage charge on 33 and 35 Moorgate. Lancaster 15 , Commltm•nts under op•rallng1o•M8 At the reportlng ond date the company hBd outstandlng commftment8 forfuture mlnlmum lea88 . payments under non4a￿ell8b1e opeiatlng iea8e8 a8 8et out below: 2025 . OpeTating le88e8 whlch explre: Wlthln 1 year Within 2to 5year8 After more than 5 year8 400 400 24 Tho Grog80n Communlty A88ocl8tlon Ltd Nots8 to the Flnanclal Statomonts Year Ended 31 Ma￿h 2025 16 Rostrf¢ted fund8 As 811 Aprn At ￿ Mor¢h Inc￿ Out8oln8 Tran*r8 Asima & LLWI8 Ha81th UK-BOFA B8nks Lyon MemorfaiTru8t Bay Health Fe8tfvai BOFA Dem9nts and Mu81¢ Prole¢t LCDVS IChomplonlr4 Cro8dve Coff¥nu H08tth) '"LCC- NèTOitsur1￿j Commuth Prfect Fund C1081ng Loops. pots￿ Posab Ptsawre ProJeet Pots of Possibltity 24r25 Pov•Brof voluntee￿ Grniin8th8 Gregwn R8mp Fupd &unmer School W8Thn Hub .(494) 16) (1381 (414) 1840) 11,566 1350 1￿10 &553 1&8 <3) (250 561 (5501 5.015 (1,421) (7.71¥ 11,(10 (21.61 16.268 1.1TI 74962 14&409) 20,917 Asthma + Lung UK Bridgingfundingwas obtslned from Asthma + Lung UK'tO 8UStaln our Breath'of Fresh Alr'cho'lr whltst we were with(xrtfunding. Thls 8ecuredfacilltatsn co8t& Bank8 Lyon MemwlalTri*t Thls grant allowed us to support a young promoter {17-251 who wanted to break Intothe mu8lc Industry to programme gigs and manage a Small budget atthe Gregson. The young person supported by a mentor from local arts charity More Muslc as weil as Stsff atthe centre. The P¢ojectW88 8 huge success and we are deughted thatjack Boyrton contlnues to programme Ogs atthe centre {and across the clty) wlth his new entsrprlse BaccyJ& Folio Producknsvthich he nffts wlth Faye Ollvar. bi .. Lancaster Unlvwslty Thank3 to Dr Rach8ei Ea8th8m- lecturer In He8lth Inequ8Utles and a R88e8rch Fallow In the Dfvlslon of Health at Lancaster Univefslty, we obtslned 8 small award for resourceg to 8UPPOrt ouractivltles atthe Bay Health FestlvaL Our partlclpatlon in the event showcased the health and welibelng beneflts of actlvltles atthe Gregson Centre throuth l)oth outreach atthe Festlval In Dalton Square'8nd through an Open Day held at the Centre. NHS- Quegn Square Medlcal Prnctlco Th18 fundlng 8UPPOrted the Ong￿ng cost8 of our Breath of Fresh Alrcholrwhlch we run dliectly In dlrect response to health data demonstratingthatour community has statlstlcaitywor8e lung health th8n other parts ofthe county. 25 Tho Greg80n CommunltyA880clatlon Ltd Nota8 10 the Flnanclal Statomonts Yoar Ended 31 March 2025 Rastrlcled fundg (contlnued) The Power of Mu81¢ Fund The Power of Mu81c Fund,vl8 the Mu8lc for Ail:s grants programme awarded us fundlng to run a Dementl8 & Muslc project. F8cllltat8d by local artists Charile Brown and Krlss Foster, our Wolces In Tlmg, prolect ran fortnightlyfor th088 Ilvlng wlth dementla and tholr c8rgr8 to enloy 8lngin& pl8ylng Instruments and an Inforfflal 80clal setting. Lancaster Clty Councll- Nelghbourhood Communlty Project Fund Thank8 to Lancaster CItyCouncll- Nel8hbourhood Communlty Project Fund we ran a Warm Hub atthe cehtre and dld tsrgeted rn8rkatlngwlth door to door188flets In 8tatl8tlcally more depTfved part8 of our communlty. We 8Lso offered tree Energy Savlngworkshops vla Graen R088 CIC and the grant supported our Increa81ng energy blll8 durlngthe cost of Ilvlng cr1818. Pots of Po8glblUty- Cio8lng Loop• ' Th18 grant 8dmln18tered by LDCVS supported us to promote 8 clreul8r aconomy In our local communlty by runnlng Glve and Take Day8 In whlch local people brlng ltsm8 they don't want and tske Items they do. Fundlng allowed us to 8UPPOrtvolunteer8 to run the88 events and provlded re8ource8 for u8 to effectlvely market them. Lan¢a8ter Unlvernlty. Campu8 In the Clty In coliaboratfon wlth tho Pubilc Engagement team vl8 the clty wlde Campus In the cityevent. we programmed 'Feel Good Frfday, whlch comblned free talk8 by academlcs about what'pleasure. means lor our health and Interactlve work8hop3 Ineludlng d8nclng, r8adlng, pottery and more. Campu8 In the Clty Inteprflawed CEO Charle8 Tyrer and Gregson volunteer Dr Rachael Eastham for 8 podc88t: Tlme. Power. Ethlcs 8nd Intent.. A convers8tlon on coll8bor8tlon. wlth tho Gragson Communlty8ndArts Cantra, Lenc88ter. A Campus In the citycase study. Your Pol•- Closlng Loop8 Followlng 8 pubuc votlng proce88. we were awarded publlc funds to SU8tsin our Glve & Tak8 Days for another year. Th18 fundlng al80 allowed new communlty Inltlatlves to emorge 8uch 88 C8rdboerd Clty and a new Plant Swap at the centr8 which Is permanently Installed In our Yarden. Thls project responded to volunteer Id888 and allowed us to put on free actSvltle$ for the communlty that ral8ed awareness of the cilmate emergency. Th• Natlonol Lottery Communlty Fund We obtained fundlngvla the Natlonal Lotterfs Communlty Funds Award8 forAII grant programm8 to Increa8ethg 8tsfflngcapacltyfor our Volunteercoordlnator and launch 8 newprolect'Radlo Greg80n.' Thls funding 8UPPOrted us to establlsh VolunteeT Hubs acr088 the Centre. Thls year we have establlshed a 'De81gn & Vlbo. group to focus on the redecoratlon of the centre and 8UPPOrt our vl8lon for 2027 '10 transform our hlstorlc bulldlng and 8paces Into Ingplratlonal contemporary place8 that enable our communltytothriv8.' 26 The Greg8on CommunltyAs8oclallon Ltd Notes to the Fln8nc18l Statsments Year Ended 31 Mar¢h 2025 rJ. 16 Regtrlctod funds {contlnued) Lancaster Clty Counc We were 8ucce88ful In ourAppilcation to the Lanc88ter Communty Fund.whlch contributed to the.c03t of an 8¢c888ible ramp for the new stsge In the centre. An acce8slbl8 Stege18 es8entl8L.,We were Shocked to learn from an AccessAudlt undertaken byAtlitude is Everythlngthanksto Lanc8St8r Muslc Fe8tlv8lth8t no mu8lc festival ￿nue in the cty had an acces8ible stage. We are proud to bg the first. LanrA#tor UnlveT81ty- Global Exp•rf8n¢eg Th18 fundlng 8UPPOrted u8.to run a Global Summer Sohoolkn lrytematlonal students at LancasteTr. . Unlverslty,to Introduco them to the centre and h08tthem wfth craft work8hop8 and a morningceltidhl Lanoashlre Countycouncll The dlstrlct ¢ouncll 8UPPOrted u8 to run a Wann Hub atthe centre. Alongada providlng 8 non-.mean8'. tested free hot drinkand a safe space to sit In. Greg30n Volunteers ran a Iv88kiy Brew& Bantsr ses510n - a spac8 for anyone who feels lonetyto come meat n8w people and enjoy good company. , ndow8 Fund Th13 was a donatlon from 8 generous individu8l and is restricted forthe replacement of the wlndows on the ground floor of the Gregson. a pmJectthatwas completed within,the financlqiyear... 27 Tho Grogson Communlty A980clatlon Ltd Note8 to the Flnanclal Statements Year Ended 31 March 2025 16 Restrlcted lunds Icontlnued) MtrAment In re8ouYc08 A8 re8tated At 31 March 2024 As at 1 AprN 2023 Ino(milng Outgolng Tran$fer8 Comparatl¥o Ilgu 88nk8 Lyon t¥1amorf81Trust Walney E¥lgll81on Communlty Funo LCDVS Icommunlty Heetth Champlon8) ' Popul8tlon H6olth IrN88kn8nt Fun￿Hs L8nca8hlra and Soulh Cumlxla Inte8raled 'Care eoard. N8lon•lLottery Communlty Fund Wlndow8 Fund W8ddlng Ucènca Fund LCDVS ICh8mplon]ng Crnolt¥e Communlty He8llhl LCC- Neltsbourhood Communlty ProJ8ct Fund CIo8ln8 Loop8-Pot8 of P086lblUty Place8 for Paople Pl888uro Pfole¢l L8n¢ortor Communlty Fund LCDVS INetm8ker81 LBnca&tsr InteyJ8tlon Fund IEumvl4lon 13,869) 11,540) 112.500) 12,130) 12.500 2. 180 5.746 2SO (6.0(101 (5,5671 1411 {9451 9,88S 14.3321 3.000 1250) 12,100) 2,400 1,000 11,6311 (1,0001 1208) 19901 12501 260 12601 Lanc8•tor IntswAtlon Fund IHallo Év8nt) NHS- Qu8•n Squar• Medl¢8l Proctlcg 3R Chartty A8d8 Lancaster Unfvernlty- F8culty ol Health and Medl¢lne Unfvar81ty ol Cartral Lonc98hlr¢- Centre lor Cltlzen8hlp and Community Lonca8t•r UnlvergTrty- Glob•lExporfenu8 13go) 726 1185) 14761 (1.61JOI. 1640) {24) 13,4831 1171 12.256) 1430) 1.020 11,020 28.094 40,916 147.159) (5,889) 15.982 28 Tho Grogeon CommunltyA88o¢latlon Ltd Noteg to the FlnanclaLStatsments Yo•r Ended 31 March 2025 17 Unre8trl¢t•d Fund• . A•at1Awll At 31 Mar¢h Unrn•trftttedfuiith ouff•nty••r lfieomknl Oui8okng TrnMf•r• I)e818na￿d1Ufid1 3rf 158 64467 a48,1 181,083 192.107) 41Z625 181.083 (1W2,107) 1801) A• •t 1 Apffa At 31 Marah Unr••tri¢lodluftd&' prtor . In•rynlry 0ut8oln8 Tr•n•kn DoBWated lund• 14644 361.859 a37￿14 325.625 340.188 457,131 1428,898) 3n503 457.131 1428.898) 6.889 . 412.825 Daslgnated fund8 are fund8 allocated bythe Tru8tee8 for tho Greg80n at Hlghfleld Sport8 Gfound $lnklngfund £9,144 {2024- £9,144) whlch18 monty 3et 88lde to replace the 88m88area Burtace plus a buffer of £7.500 {2024- £7.500) whlch18 amounts held to cover twoy•ar8 wnnlnq c08t8 of the Greg80n 8t Highfield Sport8 Ground If such fund8 were needed. 18 Defin￿ contrfbutkn.poMlon 8eh•ffle 2025 2024 Contrlbutlons pwyabie by the c(impanyfor the 3.279 5.458 £2.925 of pen8lon cost8 There recharged to Gregson Tradlng Llmfted In the year. 19 Taxation As 8 ch8rlty. The Greg80n CommunltyAs8oclatlon Umfted18 exempt from tax on Income and galn8 fallIng￿thIn 8ectlons 472474 of tho Corporatlon T8xAct 2010. sectlon 478489 ofthe Corpoiatlon Tax Act 2010, or 8256 of the Taxatlon of Chargeable Galn8 Act 1992 to the extent that these are applled to its charitable objects. 29 The Grogson Communlty Asgoelatlon Ltd Notes to the Flnanclal Statsments Yaar Ended 31 March 2026 Analy819 of not a880ts botwen fund8 Curent> a8¥0ts 2025 Unrnstricted fvn¢ts Desi8n8tsd fund¥ Generalfunds Restrfctodfvnds 331.514 27,519 16.644 25.124 20.917 348.158 52,642 20,917 Total fund• 359.033 . 62.686 421,717 A•rn8lthtsd Pthr>wr Unrestrfctedftu De8l&iiatsd lund8 Genoralfundg Restrlctedlunds 331,514 18,644 34,528 16.807 348.168 83,$22 18.907 T¢￿￿lundS 380,508 68.079 428,$87 21 Relatod partl There were no related partytr8n8actlon8 In the cuNent or prevlous ￿er. In the year no ewnse$ ware relmbur8ed or anyw8888 pakl to the Trustees {2024- ÉNII). Control No 8ln8ie Indmdual h88 had control of the Cofnpany In th• current or prwlou8 year. Company UmR•d by guarants• Every member guarantees. In the event of the ch8rltable company beln8 wound upwhile they remaln a member or wlthln 12 months of them ceaglngto be a member, to contrlbute.£1 tOW8rd8 the cost of dlssolutlon and the liabilities incurTed by the charltsbie companywhile the contrlbutor w03 8 rnember. Tho Gregson CommunltyA880¢18tlon Ltd Nots8 to the Flnanelal Statements Yoar Ended 31 March 2025 Ro¢onclllatlon wlth prevlous a¢¢ounts Recon¢lliqtion of funds per previous accounts: 0110412023 3110312024 . Unrestrtcted.and.de8lgnated fund balances as previously 378.503 407,784 Adjustrnents: Transfer tofftom restricted funds Fund balance as restated 4,841 41 0110￿2023 3110312024 RestrTCted'fund balarw as prevfousty stated . Adjustments: Transfar tofftom reslricted funds Fund balance as restated 28.094 20,803 (4.841) Reconciliallon of net Incomel(net expenditure) per previou8 accounts to net incomel(net expenditure) as restated ' End of perfod. 3110312024 Net incomel(expanditur8) as previously slated 21,990 .Adju8tsnents: none Previous period net incom81(expenditure) restated The accounts were restated to correct some previous m56Stataments to funds. 26. Subsldlary tradlng company FoliovAng members, approval at l8Styear'8 AGM. the Board18ld the groun