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2025-06-30-accounts

Annual Report MGORE trust Meeeae aie Giiea acer? aiaber ling?

Moorend Development Trust

Contents of the Financial Statements for the Year Ended 30 June 2025

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Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
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Detailed Statement of Financial Activities
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Moorend Development Trust

for the Year Ended 30 June 2025

Report of the Trustees

INTRODUCTION

Vision and objectives.

Our vision is to help make Pennines a better place to live and work. Registered with the Charity Commission as a Charitable Incorporated Organisation our objects are defined as follows:

Structure, governance and management

Moorend Development Trust was set up by local people in March 2003 and was registered as a Company Limited by Guarantee: It was also a registered charity on the 1st September 2006. Following a resolution at the AGM held on 22"4 November 2022 the Trust changed to become a Charitable Incorporated Organisation (CIO), registered with the Charity Commission on the 31* January 2024. The trust is owned by the members, all residents, businesses, or community & voluntary groups within the four wards of Pennines Township — Wardle, Shore & West Littleborough, Milnrow & Newhey, Smallbridge & Firgrove and Littleborough Lakeside. Membership numbers some 200 people, including businesses, individuals, community groups and other bodies.

The members democratically set the direction for the Trust at the Annual General Meeting.

,

PROJECT REPORTS

Butterworth Hall Community Centre.

Pennines and Tim Bobbin Festival

The annual celebration of Lancashire Day did not take place in 2025. Plans are in preparation to develop with Touchstones an exhibition on the Life and times of Tim Bobbin at the recently refurbished Milnrow Library in 2026.

Hare Hill House

The house continues to thrive providing space and facilities for an increasing number of community and voluntary groups. We currently host weekly meetings of Littleborough Alcoholics Anonymous, Meet Up, Ladies Chill and Chat, Blokes, Sisters in Stitch, Evangelical Church and U3A Spanish Class. The U3A organisation continues to hold its Management Committee meetings, and Monthly meetings of their Crafting, [T support, Gardening, Creative Writing, Art and Psychology groups; as do Rochdale DS AllStars, Friends of Hare Hill Park, Littlkeborough Events and Activities Forum, Quantum Conscious and Moorend Development Trust. During the year weekly yoga classes commenced in September 2024, the Reading Fairy commenced in December 2024, and the Hare Hill House Music Group commenced in June 2025.

We delivered a host of events and activities during the year including the celebration of the 250" anniversary of Hare Hill House, MacMillan Coffee Moming, Heritage Open Day Children’s Christmas Fair and Falling Stars Christmas Show. In partnership with Other Littleborough-based organisations we contributed to the Woollen Woods, Rushbearing, Lantern Festival Remembrance Day Parade, and VE Day celebrations. Rochdale MP, Paul Waugh used the House for surgeries, and we saw an increase in the Number of bookings for parties.

Following the use of the House last year by 3 film crews we celebrated the Littleborough Oscars in February 2025 with all the local Participants enjoying a private viewing of Nitty Gritty and Mel’s Mascots. Local drama group Two Shires Drama also delivered their annual show.

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Moorend Development Trust

Report of the Trustees

for the Year Ended 30 June 2025

We are delighted that our bid to round 4 of the Communities Opportunity Fund was successful. In December 2024 we were informed that a grant of £337,200 would be made subject to conditions. In March, following a meeting with officers from Department of Housing, Local Government and Communities, a Grant Agreement was issued confirming the offer of funding subject to fulfilling the conditions of the grant agreement. By the end of June 2025, we had submitted our information and awaited a response from the Government. In the meantime, our efforts to complete the Lease with Rochdale Council continued.

Our team of volunteers, the Hare Hill Heroes, continue to meet regularly to undertake repair and refurbishment work at the House and slowly the House is being improved. Once again, we hosted a team of students from Hopwood Hall College as they undertook their work experience helping with the refurbishment works.

Pennines Business and Tourism Forum

The Trust, having reviewed the operation of the Forum approved a consultation process with members, stakeholders, and potential funders. However, due to other priorities the consultation remains on hold and still awaits implementation.

PEOPLE

The new CIO constitution requires a maximum of 9 trustees: there are currently 4 vacancies: Irene Davidson Chairperson & Butterworth Hall Project Champion Nicholas Andrews ‘Treasurer & Hare Hill House Champion David Harding John Stanley Resigned 30 September 2024 Pat Houghton Resigned 1 July 2024 John Hartley Councillor Tom Besford

The Trust has 232 members comprising community & voluntary groups, businesses and individuals. Inclusion of local groups and societies means that the Trust has a sound basis in representing the aims and wishes of local people. The Trust employs no staff.

Accountants Clarity Accountants. 107 Lees Road Oldham OL4 1JW

Bankers Virgin Money 9-11 Yorkshire Street Rochdale OL16 1BL

Lloyds Bank 58 Yorkshire Street Rochdale OL16 1JP

HSBC 2 Yorkshire Street Rochdale OL16 1EE

Epworth Investment Management Limited 2nd Floor, 9 Bonhill Street London EC2A 4PE

FINANCE REPORT

The Accounts have been independently examined and approved by Clarity Accountants

Balance Sheet (abbreviated) as of 30 June 2025

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2025 2024
£ £
Fixed Assets
:
:
Tangible FixedAssets
353,309 353,827
Current Assets
Debtors - -
Cash atBankand inHand 220,208 210,839
CREDITORS: Amounts falling
due
(1,296) (1,296)
Within oneyear
NETCURRENTASSETS 218,712 218,543
NETASSETS 572,021 572,370
FUNDS OFTHE CHARITY
UnrestrictedFunds 547,308 519,147
RestrictedFunds 24,713 53,223
TotalFunds 572,021 572,370
Grants received bythe Trust.
Rochdale MBC - £10,000.00
Charities Trust (Meet Up) -£1,000.00
Littleborough Nursing Association (Meet Up Project) -£400.00
TOTAL
£11,400.00

Donations made by the Trust. No donations were made by the Trust.

Public Benefit

tiie oS iif)

Our activities have delivered public benefit by complying with the charity's objectives as laid down in its Constitution. Specifically, by providing communal facilities, preserving an historic building and maintaining cultural traditions.

The trustees have regard to the guidance issued by the Charity Commission on public benefit and discuss this at our trustees' meetings where we plan and make decisions for the carrying out of our activities to which the guidance is relevant.

Nicholas Andrews

Trustee

April 2026

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Moorend Development Trust

Report of the Trustees for the Year Ended 30 June 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number (England and Wales)

Registered Charity number 1115997

Registered office

Butterworth Hall Community Centre New St Milnrow Rochdale Lancashire OL16 3PQ

Trustees Irene Davidson Chairperson & Butterworth Hall Project Champion Nicholas Andrews Treasurer & Hare Hill House Champion David Harding John Stanley Resigned 30 September 2024 Pat Houghton Resigned 1 July 2024 John Hartley Councillor Tom Besford

Company Secretary

Independent Examiner Joanne M Elliott FCA BFP FMAAT Clarity Accountants & Tax Advisors ist Floor 107 Lees Road Oldham Lancashire OL4 1JW

Approved by order of the board of trustees in April 2026 and signed on its behalf by:

Nid. Andes

Nicholas Andrews

Trustee

April 2026

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independent Examiner's Report to the Trustees of Moorend Development Trust

Independent examiner's report to the trustees of Moorend Development Trust (‘the Company’) | report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

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

independent examiner's statement

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

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

Joanne M Elliott FCA BFP FMAAT

The Institute of Chartered Accountants in England and Wales

Clarity Accountants & Tax Advisors

1st Floor 107 Lees Road Oldham Lancashire OL4 1JW

Date: April 2026

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:

Moorend Development Trust

Statement of Financial Activities for the Year Ended 30 June 2025

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||||||||| |---|---|---|---|---|---|---|---| |2025|2024| |Unrestricted|Restricted|Total|Total| |Notes|funds|funds|funds|funds| |INCOME|AND|ENDOWMENTS|FROM|=|£|re|£| |Donations|and|legacies|10,650|1,400|12,050|28,540| |Other trading|activities|2|56,379|-|56,379|58,942| |Investment|income|3|1,887|-|1,887|2.371| |Total|68,916|1,400|70,316|89,859| |EXPENDITURE|ON| |Charitable|activities| |Restricted|Direct|Costs|-|27,912|27,912|5,638| |Unrestricted|Governance|Costs|518|-|518|1,943| |General|42,235|-|42,235|40,007| |Total|42,753|27,912|70,665|47,588| |NET INCOME/(EXPENDITURE)|26,163|(26,512)|(349)|42,271| |Transfers|between|funds|9|598|(598)|-|-| |Net|movement|in|funds|26,761|(27,110)|(349)|42,271| |RECONCILIATION|OF|FUNDS| |Total|funds|brought|forward|519,147|§3,223|572,370|§30,099| |TOTAL FUNDS|CARRIED FORWARD|545,908|26,113|572,021|572,370|

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The notes form part of these financial statements

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Moorend Development Trust

Balance Sheet 30 June 2025

2025 2024
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ z
FIXED ASSETS
Tangible assets Ts 353,309 - 353,309 353,827
CURRENTASSETS
Cash at bank 193,895 26,113 220,008 219,839
CREDITORS
Amounts falling due within oneyear 8 (1,296) - (1,296) (1,296)
NET CURRENTASSETS 192,599 26,113 218,712 218,543
TOTAL ASSETS LESS CURRENT LIABILITIES 545,908 26,113 572,021 572,370
NETASSETS 545,908 26,113 572,021 572,370
FUNDS 9
Unrestricted funds 545,908 519,147
Restricted funds 26,113 53,223
TOTALFUNDS 572,021 572,370

:

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue in April 2026 and were signed on its behalf by:

Nicholas Andrews

Trustee

April 2026

The notes form part of these financial statements

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Moorend Development Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

  1. ACCOUNTING POLICIES

;

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. OTHERTRADING ACTIVITIES
2025 2024
£ £
Rental income Butterworth Hall 15,628 19,862
Rental income Hare Hill House 12,675 5,897
Hare Hill House events 26,308 32,215
Fundraising income 1,768 968
56,379 58,942
3. INVESTMENT INCOME
2025 2024,
Investments 1.867% *~“2°377°

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Moorend Development Trust

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Depreciation - owned assets

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2025 2024
fi £
518 647
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5. TRUSTEES’ REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.

Trustees’ expenses

There were no_ trustees’ expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted Restricted Total
funds funds funds
£ £ £
INCOMEAND ENDOWMENTS FROM
Donations and legacies 5,410 23,130 28,540
Othertrading activities 58,942 - 58,942
Investment income 2,311 - 2:37
Total 66,729 23,130 89,859
EXPENDITURE ON
Charitable activities
Restricted Direct Costs - 5,638 5,638
Unrestricted Governance Costs 1,943 - 1,943
General 40,007 - 40,007
Total 41,950 5,638 47,588
NET INCOME 24,779 17,492 42,271
RECONCILIATION OF FUNDS
Totalfunds brought forward 494,368 35,731 530,099
TOTALFUNDSCARRIEDFORWARD 519,147 53,223 572,370

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Moorend Development Trust

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

7. TANGIBLE FIXED ASSETS

:

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Fixtures| |Freehold|and| |property|fittings|Totals| |£|£|£| |COST| |At|1|July|2024|and|30|June|2025|351,240|36,505|387,745| |DEPRECIATION| |At|1|July 2024|-|33,918|33,918| |Charge|for year|-|518|518| |At|30|June|2025|-|34,436|34,436| |NET|BOOK VALUE| |At|30|June|2025|351,240|2,069|353,309| |At|30|June|2024|351,240|2,587|353,827| |8.|CREDITORS:|AMOUNTS|FALLING|DUE|WITHIN|ONE|YEAR| |2025|2024| |£|£| |Accruals|and|deferred|income|1,296|1,296| |9.|MOVEMENT|IN|FUNDS| |Net|Transfers| |movement|between|At| |At|1.7.24|in|funds|funds|30.6.25| |£|£|£|£| |Unrestricted|funds| |General|fund|114,977|26,681|598|142,256| |Capital|funds|353,827|(518)|-|353,309| |Designated|funds|50,343|-|-|50,343| |519,147|26,163|598|545,908| |Restricted|funds| |Tim|Bobbin|Festival|1,396|-|-|1,396| |Arnoid|Clark|Community|Fund|598|-|(598)|-| |Hare|Hill|House|28,099|(4,492)|-|23,607| |Butterworth|Hall|Restricted|23,130|(23,020)|-|110| |Charities|Trust —|Meet|Up|-|1,000|-|1,000| |53,223|(26,512)|(598)|26,113| |TOTAL FUNDS|572,370|(349)|-|572,021|

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Moorend Development Trust

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

9. MOVEMENT IN FUNDS - continued

;

Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 68,916 (42,235) 26,681
Capital funds - (518) (518)
68,916 (42,753) 26,163
Restricted funds
Hare Hill House 4,00 (4,892) (4,492)
Butterworth Hall Restricted - (23,020) (23,020)
Charities Trust—Meet Up 1,000 - 1,000
1,400 (27,912) (26,512)
TOTAL FUNDS 70,316 (70,665) (349)
Comparatives formovement in funds
Net
movement At
At 1.7.23 in funds 30.6.24
£ £ £
Unrestricted funds
General fund 89,551 25,426 114,977
Capital funds 354,474 (647) 353,827
Designated funds 50,343 - 50,343
494 368 24,779 519,147
Restricted funds
Crowd Funding (Warm Places) 1,011 (1,011) -
Tim Bobbin Festival 1,396 - 1,396
Arnold Clark Community Fund 598 - 598
Co-Op Community Fund (Blokes) 1,662 (1,662) -
Hare Hill House 29,886 (1,787) 28,099
Donations 1,178 (1,178) -
Butterworth Hall Restricted - 23,130 23,130
35,731 17,492 53,223
TOTALFUNDS 530,099 42,271 572,370

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Moorend Development Trust

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

  1. MOVEMENT IN FUNDS- continued

:

Comparative net movement in funds, included in the above are as follows:

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|||||||| |---|---|---|---|---|---|---| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|66,729|(41,303)|25,426| |Capital funds|-|(647)|(647)| |66,729|(41,950)|24,779| |Restricted|funds| |Crowd|Funding|(Warm|Places)|-|(1,011)|(1,011)| |Co-Op|Community|Fund|(Blokes)|-|(1,662)|(1,662)| |Hare|Hill|House|-|(1,787)|(1,787)| |Donations|-|(1,178)|(1,178)| |Butterworth|Hail|Restricted|23,130|-|23,130| |23,130|(5,638)|17,492| |TOTAL FUNDS|89,859|(47,588)|42,271|

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A current year 12 months and prior year 12 months combined position is as follows:

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||||||||| |---|---|---|---|---|---|---|---| |Net|Transfers| |movement|between|At| |At|1.7.23|in|funds|funds|30.6.25| |a|£|£|£| |Unrestricted|funds| |General|fund|89,551|52,107|598|142,256| |Capital|funds|354,474|(1,165)|-|353,309| |Designated|funds|50,343|-|-|50,343| |494,368|50,942|598|545,908| |Restricted|funds| |Crowd|Funding|(Warm|Places)|1,071|(1,011)|-|-| |Tim|Bobbin|Festival|1,396|-|-|1,396| |Arnold|Clark Community|Fund|598|-|(598)|-| |Co-Op|Community|Fund|(Blokes)|1,662|(1,662)|-|-| |Hare|Hill|House|29,886|(6,279)|-|23,607| |Donations|1,178|(1,178)|-|-| |Butterworth|Hall|Restricted|-|110|-|110| |Charities|Trust —|Meet|Up|-|1,000|-|1,000| |35,731|(9,020)|(598)|26,113| |TOTAL|FUNDS|530,099|41,922|-|572,021|

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Moorend Development Trust

Notes to the Financial Statements - continued for the Year Ended 30 June 2025

  1. MOVEMENT IN FUNDS- continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming
resources
Resources
expended
Movement
in funds
£ £ £
Unrestricted funds
General fund 135,645 (83,538) 52,107
Capital funds - (1,165) (1,165)
135,645 (84,703) 50,942
Restricted funds
Crowd Funding (Warm Places) - (1,011) (1,011)
Co-Op Community Fund (Blokes) - (1,662) (1,662)
Hare Hill House 400 (6,679) (6,279)
Donations - (1,178) (1,178)
Butterworth Hall Restricted 23,130 (23,020) 110
Charities Trust— Meet Up 1,000 - 1,000
24,530 (33,550) (9,020)
TOTALFUNDS 160,175 (118,253) 41,922
  1. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 June 2025.

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Moorend Development Trust

,

Detailed Statement of Financial Activities for the Year Ended 30 June 2025

nies? 2025 2024
: £ £
INCOMEAND ENDOWMENTS
Donations and legacies
Donations
Grants
650
11,400
2,249
26,291
412,050 28,540
Othertrading activities
Rental income Butterworth Hail 15,628 19,862
Rental income Hare Hill House 12,675 5,897
Hare Hill House events 26,308 32,215
Fundraising income 1,768 968
56,379 58,942
Investment income
Investmenis 1,887 2,377
Total incoming resources 70,316 89,859
EXPENDITURE
Charitable activities
Sundries 907 2,360
Hare Hill House Meet Up 4,500 6,000
Hare Hill House 729 750
Warm Space Project - 696
Blokes 400 300
Butterworth Hall 48,133 22,431
Butterworth Hall Project 11,668 10,838
66,337 43,375
Support costs
Management
Fixtures and fittings 518 647
Finance
Bank charges 95 95
Governance costs
Accountancy and legal fees 3,715 3,471
Total resources expended 70,665 47,588
Net(expenditure)/income (349) 42,271

This page does not form part of the statutory financial statements

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