COMPANY REGISTRATION NUMBER: 05870104 CHARITY REGISTRATION NUMBER: 1119221 Isabella Community Assoclation Ltd Company Limited by Guarantee Unaudited Financial Statements 31 December 2025
Isabella Community Association Ltd Company Llmlted by Guarantee Financial Statements Year ended 31 December 2025 Page Trustees, annual report (incorporating the directorfs report) Independent examine¢5 report to the trustees ststement of financial activities (including income and expanditure account) Statement of financial position Notes to the financial statements 10 The followFng pages do not form part of Ihe flnancial staternents Detailed statement of financial activities 21 Notes to the detailed statement of financial activities 22-23 and summary
Isabella Community Assoclation Ltd Company Limited by Guarantee Trustees. Annual Report Iln¢orporatlng the Director's Report) Year ended 31 December 2025 The trustees. who are also the directors for the purpose8 of company law, present their report and the unaudite(I financial $talemenls of the charity for the year ended 31 December 2025. R•forenc• and admlnlstratlve delalls Reglstered charity narne Isabella Community AssocialNJn Ltd Charlty raglstratlon number 1119221 Company registratlon number 05870104 Princlpal office and regl$tored Thelsabella Centre office Ogle Drive Blyth Northumberland NE24 5JF The trustees A Jenkinson R Jenkinson J R Potts (treasurer) P Hodgetts (Chairperson) G Gibson D Gibson Company secretary L A Jènkinsc Indapandant axamlnar Micha81 W R8ed Russell House Greenwell Road Anwick Northumberland NE66 1HB
Isabella Community Association Ltd Company Llmited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (e•nknuedJ Year ended 31 December 2025 struclura. activitles and pèrfomiance Objectives Th8 main purposa of the Association Is to promote and encourage local residents to become involved with mmunity a1VIty as well as helping to improve the neighbouring area. The Association would like to thank our seNiTr users, training groups and Gustomers who together assist in the continuity of the Cenlre. The Truslee5 have given regard to Ihe Charity Commission's guidance on public benofiL Activities The Centre is home to a weN•stablished group of partne who use the Centre for various activities which Include.. zumba fitness and tone, karate. fil over 50 exercise class, elderly day cenlre. pre-school nursery, youth club sessions for 8 to 13 year olds, Leuo club, puppy tralnlng and dog activity classes, the women's inslilule, a variely of adult art and craft groups.. Lady Isabella Craft, Isabella Crop Circle. Lace Making and Patchwork Qulllw)g. Llttle Kickers sporting activity for toddlers, Netball and plates. The activities of the Centre influence Ihe lives of many, from all walks of life and age range. Many of whorn have and continLJe lo progress to further Iralningleducation or employment. The organisation is very proud of this achievement and we look forward, with optimism, lo many more years of enabling local people to improve their social and economic circumstsnces through th8 provision and aclivitigs al our Centre. We have an external laundry ma¢hin8 offèring the communtty 2417 access to targe capacity washing machines and drsers. We also have a bottle bank and clothing unit to meet the needs of our comrnunilies recyding. We have had some new groups utilising the centre for their classes. A new art class on FridayE, 8 War Hammer Gamlng club on Thursdays and an additional dog training class on Tuesdays. The sensory sessions have been going well and reasonably attended with babies and toddlers. Once a month on Saturdays we have a free play session for SEN children which is popular. We wll be inlrodLtcing an after-school craft class for young people. Funding was received from Councillor David Johnson lo provide free soup once a week during the cold months. This has been very popular and the Isabella committee are keen to offer this again next year. The Blyth relief road is sel to l)e agreed and could start construction in late Spring 2026. The road works will lake approximately 18 months and the constnjction sile will be next lo our car park. There are going lo be disruptions but hopefully kept to a minimum. The relief road wi51 not only benelil the Town but also benefit the communlty centre as there wlll be more passing traffic and we could potentially attract new servtce ijsers vJho mighl not have known about us before. I would like lo tske thls opportunity lo thank the staff and volunteers at the centr8 for thg hard work, loyalty and dedlcatlon Ihey show. also the board members who make up the management Committee who gNe their time ffftly lo assist the ntre to progress and provide as much as posslble lo the communities we serve.
Isabella Community Association Ltd Company Limited by Guarantse Trustees. Annual Report {Incorporating Ihe Dlrector's Reportl (continued) Year ended 31 December 2025 Financial Review Th9 accountants report shows ihat In 2025 our income was £120,454 and expenditure £112,886 givlng surplus of £7,568. Our lolal fltnds brought forward were £136,297 and now Increased to £143,865. We rely on donations from other organisations lo balance the books. Our ov8r811 income increased slightly from the previous year and expenditure reduced. Our future expenditure will Increase due lo higher energy costs, wage increases, National insurance and infl81ion whilst attracting grant incom& has become more difficult with many organisation8 seeking support for core costs. The propety Is leased from NCC at a p¢ppgrcom rent untl 2028. We have no other substantial red asset that have not already been depreclaled. Principal Funding Soijrces We continue to be reliant on grants from various organisati¢5, for which we ar& grateful, and these are recorded In the accounts. Our lotsl Grant income18 shown as £42,501. Expendlture Our employment cos15 for 7 employees amounted to £79,200, which was an in¢r8ase from the preiouS year's £77.403. We have three core workers, a part-lime fixed term worker and three sessional youth workers, which we need lo retain to prowde the servicè we offer. Al the staff are pahd on an NJC salary scale. which Is increased annually, and ar8 enliued tOiTr the pension scheme dependent on their wages. Our totsl expenclilure for the year was £172,886 down from the previous yearfs £130,613. Investment Policy Aside from r9tsining a small amount in reserve$ each year. most of the charitys funds are spent In the short term so th9re are few funds available for long-lerni investm6nt. Bank interest reduced from £1.489 to £1,273. Reserves Polcy Our long-tsnn aim Is lo bulld enough reserves lo cover one yearfs expenditure through operating surpluses. The Board is awdre that funding applicalK)ns are torturous and time-consuming and during this difficult financial period our excellent appllcauons are in Compelilh)n wth other organisations for limited resources. Plans for the Future The Board continues lo monitor annual salarles to ensure that all gxpendilure is justrfied orb our wre staff. The services provided by the youth workers can only be ftjnded if we can secure external resources. We endeavour to control our rijnning cosls bul will be subject to infialion. There weTe no majorworks last year. bul we wll need lo update the building this year with some minor works to brsng the propety back io a better state. Many of our facilities last year were Dccupied temporarily by the
Isabella Communlty Association Ltd Company Limited by Guarantse Trustees. Annual Report (Incorporating the Directorfs Report) {¢ontlnuedJ Year ended 31 December 2025 Gilbert Ward Academy. The sensory room had a major update this year as a lol of the equipment had been damaged, the new space will attr8¢t some roum hire. We also had installed an outdoor washing and dryng facility whioh is becoming more used ar provides an ineome. A large tree has been removed from the rear of the premises and the garden has been greatly Mnproved and made more manageable and accumulated wood and other rubbish has been removed. Kitch8n and office equipment has been updated. B1h Town Council installed a new skate park facility nearby and extended our Car park lo accommodate expected extra vehicles using the sile. We will be reviewing oui lease agreement for the land and property as our lease expires in 2028 and will need lo be renegotiated. We continue to bank with Santander and there have been no issues. The online version of the Sage softwarè package has been running successfully and use of emalls cuts the postage costs. The Management Committee The directors of the company are also charity trustees and are known as members of the Managoment Committee. Under the requirements of the Memorandum and Articles of Association the members of the Management Committee are elected to serve for a period of one year and Are elected at the A.G.M. The company shall have a minimum of three and a maximum of e1ve members. All members of the Board give their time voluntarily and receive no financSal benefits from the charity. Director Inducli)n and Tralnlng Most Directors when they join the Board are already familiar with the services run by the charity, the staff employed.. the volunteers and the layoul of the building. Aspiring Directors are invited to attend meetings in an observer capacity and new Directors are welcome. Risk Management Procedures are in place lo ensuro compliance with health and safety of staff, volunteers, clients, and sitors lo the Cenlre. We have CCTV to monitor security of the premises and Fire inspections and drills aTe held regularfy. SyBlems have been estsblished to mili9ate the risks the charity faces in cash handling. We have a cash card policy and onllne banklng security, and payments may be made eleclronlcally. We revlew our pollcles to ensure they are up lo dale Including data protection rules IGDPR)- Orgartisational Structure We have ragu19r committee meetings (mainly rnonthlyl where members oversee the 51Tategic direction and policies of the Centre. The Centre Manager, who is also the company secretary, provides 8 monthly report lo the Board. The responsibility for the daY-tdaY provision of services is delegated to the Centre M2nager as 15 the responsibility for staff siJpeTvision and good working practices. The annual accounts and Directors details are updated after the AGM on the Companies House and the Charities Comwnissiun website and arè avai18ble for public inspection. Small company provlslons Thls report has been kyepared in accordance the provlslons 8pplicable to ctsmpan6es enlilled to the small companles exemptlon.
Isabella Community Association Ltd Company Llmited by Guarantee Trustees. Annual Report Ilncorporatlng the Directorfs Report) (¢onrfnuedJ Year ended 31 December 2025 The trustees, annual rèport was approved on 10 March 2026 and signed on behaK of the board of twslees by: J R Potts ffreasurer) Trustee P Hodgetts Ichairparson) Trustee
Isabella Community Association Ltd Company Llmlted by Guarantee Independent Examin6rfs Report to the Trustees of Isabella Community Association Ltd Year ended 31 December 2025 I report to the tntstees on my examination of the financial ststements i)f Isabella Community Association Ltd {'the charitll for the year ended 31 December 2025. Responslbllltles and basls of report As the trustees of the company land also its directors for the purpos9s of company lawl you are responsible for the preparation of the fin8nctal statements in accordance wlh the requirements of the Companies Act 20061'lhe 2006 ACVI. Hang satisfied myself that the accounts of the company are not required to be authted under Part 16 of the 2006 Act and are eligible for independent examlnallon. I report In respect of my ex8minalion of the charily's accounts as carried out under section 145 of the Chariues Act 2011 I'lhe 2011 Acri- In carrying out my gxaminalion I have followed the Directions given by the Charity Commission under Sect)n 145151(bl of the 2011 Act. Indapondent examlnef's statement I have completed my examination. I confimi that no matters have eome to my attention in connection with the examination glving me caltse lo believe.. accountlng records were not keFI in respect of the charity as required by section 386 of the 2006 ACL Of the financial statements do not aecord with those records.. or Ihe financial statements do not comply with the a¢¢ounling requirements of section 396 of the 2006 Act other than any requirement that the accounts give a bue and fair. view which is not a matter considered as part of an Independent examlnation,. or the finanal statements have not been prepared in accordance wilh the melh¢xls and principles of the Statement of Recommended Practice for accounting and reporting by charities applicabla to charities preparing their accounts in accordance wth the Financlal Reporting Standard appllcable in the UK and Republic of Ireland IFRS 102}.
Isabella Community Association Ltd Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Isabella Community Association Ltd {lI1U0d) Year ended 31 December 2025 I have no concems and have ci*ne across no other matters in connection wlh the examinatitin to which attention should be drawn in this report in order lo enable a proper und8rstsndlng of the accounts to be reached. Michael W Reed Independent Examiner Russell House Greenwell Road Alnwick Northumberfand NE66 1HB 10 March 2026
Isabella Community Association Ltd Company Llmfted by Guarantee Statement of Financial Activities (Including income and expenditure account) Year ended 31 Decembar 2025 2025 Restricted fund8 Totsl fvnds Total fundg 2024 Unrestrlcted funds Income and endowment$ Donations and legacies Charitable activities Other trading activities Investment income 42.501 42,501 50.472 26.208 1,273 120.454 13,924 62,030 38,591 1.489 116,034 50.472 26.208 1,273 Total incom& 77,953 42,501 Expènditure Expenditure on raising funds.. Costs of other trading activit'ies Expenditure on charitable aCtiVe8 Total expendltura 26.168 44.217 26.168 86,718 34.335 96.278 130,613 10.11 42,501 42,501 70.385 112,886 Net Incomellaxpendlture) and net movement In funds 7,568 (14.5791 Reconclllatlon of funds Total funds brought forward Total funds carrled forward 120,062 16.235 16,23S 136,297 143.865 150,876 136.297 127.630 The statement of financlal athilies includes all gains and losses re¢ognised the year. All income and expendltUTe d8riv8 from continuing actwilies. The noles on pagès 10 to 19 forn part of thes• flnancial siatements.
Isabella Community Association Ltd Company Limited by Guarantee Statement of Financial Position 31 December 2025 2025 2024 Noto Current assets Debtors Cash at bank 8nd in hand 17 4,928 146.921 9,904 156,757 166,661 151.849 Creditors: amounts falllng due within oné year Net current assets 18 7,984 143,865 143,865 143,865 30,364 136,297 136,297 136,297 Total assets less Current Ilabllltles Net assets Funds of the charlty Restricted funds Unrestricted funds 16.235 127.630 16,235 120,062 136,297 Tolal charity funds 19 143.865 For the year ending 31 December 2025 the charity was entltled to exèmption from audit under section 477 of the Compani8$ Act 2006 relating to small companies. Directors, responsibilities.. The meTnbers have not required the company lo obtain an audit ol its fancial statements for the year In question in accordance with seclron 476., The directors ackmwledge their responsibilities for complying with the requirem8nts of the Act with respect to accounting records and the preparation of financial statements. These financtal statements have been prepared in accordance with the provisions appllc*le lo companies sublecl to the small companies, regime. These financi81 $181ements were app)Dved by the board of truslg9s and authorised for issue on 10 March 2026, and are Signed on behalf of the board by= J R Potts trre89urer} Trustee P Hodgetts IChairperson} Trustee The notes on pag9s 10 to 19 form part of these financlal statements.
Isabella Community Association Ltd Company Limited by Guarantee Notes to the Financial Statements Year ended 31 December 2025 General Infomatlon The charf(y is a publrc benefit entity and 8 private company limlted by guarantee. reglstered in England and Wales and a registered charity in England and Wales. The address of the registered office is The Isabella Centre. Ogle Drive, Blyth, Northumbeiland. NE24 5JF. statement of complSanGe These financial statements have been prepared in compliance wbth FRS 102. The Financial Reporting Standard applicable in the UK and the Republic of Ireland,. the Slalernent of Recommended Practic8 applicable lo chartties preparing their accounts in accordance with the Financial R9POrting Standard applicable in the UK and Republic of Ireland {FRS 1021 (Charities SORP {FRS 10211 and the Companies Act 2006. untlng pollcles Basls of preparatlon The finan¢ial ststements have been prepared on the historical cost basis. as modifted by tho revaluation ol certaln financlal assets and liabilities and invesknenl properties measured at fair value Ihrough income or expenditure. The financial Statements are prepared in sterling, whlch 15 the functional currency of the entity. Going concorn There are no material UnrtaInlieS alx)ut the charity's abillty to continue. Judgements and key sources of estlmatlon uncertalnty The preparation of the financial statements requires man8gèmÈnl to make judgements, eslimales and assumplions that affect the amounts reported. These esthmates and judgements are continually reviewed and are based on experien¢e and other factors. Including expectsllons of future events that are believed lo be reasonable under Ihe clrcumslances. Fund accounting Unrestrlcted funds are avaitable for use at the discretion of the Iru5tees to further any of tha charivs purposes. Designated lunds are unreslricled flrnds earmarkgd by the trustees for particular future project or commitment. Regtrtcled funds are subjectad to restrictions on their eXndItUre declared by the donor or Ihrough the terms ol an appeal. and fall into one of Iwo SUclaSses-. restrithd income funds or endowment funds. 10
Isabella Community Association Ltd Company Limited by Guarantee Notes to the Financlal Statements fcontlnuedj Year ended 31 December 2025 Accountlng pollcles (contlnu8d) Incoming resources All incorning resources are includéd in the statem9nt of financial aclivi118s when enlillement has passed to the charity, il is probable that the economic benefits associated wtth the transaction will flow lo the Charity and the amount can be reliably measured. The followng specrfic policies are applied to particular ealegories of income: income from donations or grants Is recognised when there is evidenGe of enttllemenl lo the glft. receipt Is probable and its amount can be measurgd reliably. legacy income13 recogntsed when receipt is prob8ble and enlillemenl is established. income from donated g¢dS is measured al Ihe fair value of the goods unless this is impr8cllcal lo rneasur9 reliably, in which case the value is derfved from the cost lo the donor or the astimaled resale value. Donated fa¢ilrt¥es and serwces are recognised in the accounts when recewed if the value can be rellably measured. No amounts are included for the contributlon of general volunteers. income from conlracis for the supply of services is recogni8ed with the delivery of Ihe contracted service. This is dassified as unrostricled funds unless there is a contractual requirement for it to be spent on a particular purpose and retumed if unspent. in which case it may be regarded as restricted. Res¢r¢e$ expended Expendilurg is Tecognised on an accruals basis as a Irdbility is incued. Expenditure includes any VAT which ¢annot be fulty r8covered. and is classified under headings of the statement of financial activities ts which f( relates: expenditure on raising funds includes the costs of all fundraising activities. events. non- charitable Irdding aclivilies. and the sale of donated goods. expenditure on charilablg aclivili8s includes all costs illcurred by a charity in un(lertaklng activili&s that further its charitable aims for the benefrt of its beneficiaries. including those support costs and costs relating lo the governance of the charity apportioned to charitable acllvilles. other expenditure in¢ludes all expenditure that is neither related to raising funds for the charlty nor part of its 8xpendituie on charitable aclivilies. All costs are allocated lo expendilurg categories reflecting the use of the resource. DiTect costs attributable to a single activity are allocated dlrecuy to that activity. Shared costs arg apportioned botsvgen Ihg a¢livilies th9y contribLrte to on a reasonable. justsfiablg and consistent basls. Tanglbla assots Tangible assets are inthalty recorded at C08(8nd subsequently stated at cost less 8ny accumulated 11
depreciation and impairment losses. Any tangible assets earried at revalued amounts are recordèd at the fair value al the dale of revaluation less any subsequent accumulated depreciatton and subsequent accumulated Irnp81rment losses. 11
Isabella Communlty Association Ltd Company Limited by Guarantee Notss to the Flnancial Statements {contimied) Year ended 31 December 2025 Accountlng policies (conllntsedj Tangibla assèts {conllnugdJ An increase in the carrying amount of an ass81 as a result of a revaluation. is recognised in other recognised gains and losses, unless it reverses a charge for impairmenl that has previously been recognised as expenditure ¥Mthin the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation. is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown wlhin other recognised gains and loss8s on the stslement of financlal activities. Depreclatlon Depreciation Is calculated so as lo write off the cost or valuation of an asseL less its residual value, over the useftjl economic life of that asset as follows.. Solar Panels Fixtures and fittlngs Office equlpmenl 10% straight line 20Yo Straight line 20% straight line Impairment of fixed assets A review for indicators of irnpairment is carried out al each reporting date. with the recoverable amount being eslimaled where such indicators exist. Where the carrying value exceeds the recoverable amount. the asset is impaired accordingly. Pllor impaimients are also reviewed for possibla reversal at each reporting date. For the purposes of impalrment lesling, when it is not possible to eslimate the recoverabl8 amount ol an individu81 asset, an estimate is made of the recoverable amount of the cash-gengraling unit lo which the asset belongs. The c3sh-generatlng unll Is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For Impalmient testing of goodwill. th8 g(x)dwll acqulred In a business ¢ombination is, from the acquisition date, allocaled lo each of the cash-generating units that are expected to beneftt from the synergies of the combination, irrespective of whether other assets or liabilities of Ihe Charity are assigned to those units. Flnanclal instruments A financial asset or a flnanclal liabllty is recognised only when the charity becomes a party to the contractual provisions of the inslrumenl. Basic financial instruments a inilialty recogni8ed at the arnount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured al the cash or other consideration expected lo be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. 12
Isabella Community Association Ltd Company Llmited by Guarantee Notes to the Financial Statements (contlnuod) Year ended 31 December 2025 Accounting pollcles (conllnu•dJ Flnanclal Instruments (¢0tr7ttnu8dJ Where inyeslments in shar8s are publicly traded or their fair value can otherwise be measured reliably, thB investment is subseqL¢ently measured at falr value with changes in fair value recognised in irhcome and expenditure. All other such investments are subsequently measured at cost less Impatrmenl. other finanrAal insl¥umgnts, including derivativ8$, arg initially recognised at fair value. unless payment for an asset is deferred beyond normal business terms or financed al a rale of interest that is not a market rate, In which case the asset 15 measured at the present value of the future payments d18counled at a market rale of interest for a similar debt instrument. Other financial instrLFments are subseqijenty measured at fair value, th any changes recognised in the statement of financial aclivilies. with the exception of hedglng instruments in a designated hedging relationship. Flnancial assets that are measurèd at cost or amorlised cost ore reviewed for objective evidence of Impairment at the en(f of each reporting date. If there is objective evid8nce of impaim)ent, an impairment loss is recognised under the appropriate hea¢Jing in the stslernent of financial activities in which the initial galn was recognlsed. For all equity in5trLtmenls regardless of significance. and other financial assets that are indimdually signifitrant, these are assessed individually for impaimienl. Other financial assets ara eilhar as8essed individually or grouped on the basis of similor credit risk characteristics. Any reversals of impairment are recognl8ed Immediately, lo the extent that the reversal does not rgsvlt in a carrying amount of the financial 85set that exceeds what the carrwng amount would have been had the impaiment not previously been recognised. Umlted by guarantee Th8 company is limited by guarantee. Every member of the Company undert8kes lo contribute such amount as may be reqltlred {nol exceeding £101 lo the Compan15 assets if it should be wound up while they are a member, or within one year after ceasing lo be a member. for payTnenl of the CompanVs debts and liabilities contracted before ceasing to be a m8mb8r, and of the costs, charges and expenses of winding up. and for the adjuslm&nt of the rights of the conlributories among themselves. If the company is is wound up or dissolved and after all ils debts and li8bilities have been $8tisfied there remains any property it shall not be paid to, or dlslributed among the members of the Company, bul shall be given or transferred lo some other Company or charities having simllar objects which prohibit the distribution of its income and property. dirgctly or indiredly, by way ol ldend, bonus or othetwise by way of profic lo m&mber s of the Company. 13
Isabella Comrnunity Association Ltd Company Llmlted by Guarantee Notes to tho Financial Statements (eonlthu•dJ Year ended 31 December 2025 Donatlons and l•gael8s Unieslricled Funds Restricted Total Funds Funds 2025 Grants Blyth Town Council (Salaries and wages) Blyth Town Council (Equipment} Baibour Foundation (Core salary costs) Ridley Family Charity (Core salary costs) R W Mann (Core Sary costs) Cafe Grants Garfield Weston {cO costs) National Lottery (Core costs} Rolhley Trusl {Toddler group} Youth projects Sir James Knott Trust ICor¢ $1$) 5.000 4,167 1.667 5,000 4.167 1,667 10.000 16.667 10,000 16,667 5.000 42.501 5,lJ)O 42.501 Unrestricted Funds Restrieted Total Funds Funds 2024 Grants Blyth Town Council {Salaries and wages) Blylh Town Councll {Equipmentl Barbour Foundation (Core salary costs) Ridley Family Charity Icore salary costs) R W Mann {Core SBlary Costs) Cafe Grants Garfield Weston (Core costs) National Lottery (Core costs) Rothley Trust (Toddler group) Youth projects Sir James Knott Tnjst (Core costs) 3,000 2,$00 3.OLK) 2.500 833 833 333 2,575 2.575 3,333 3.333 500 500 3,075 10,849 13,924 Charltablè acllvlts'es Unreslrirted Total Funds Unrestrlcled Totsl Funds Funds 2025 Funds 2024 Charitable income 50,472 50.472 62.030 62,030 14
Isabella Community Association Ltd Company Limited by Guarantee Notes to the Financial Statemenls (Conun Year ended 31 Decgmber 2025 Other tradlng actlvltles Unrestrict8d Totsl Funds Unrestricted Total Funds Funds 2025 Funds 2024 Fundralslng Cafe Solar panels 985 32,761 4,845 20.464 5.660 20,464 5.660 32,761 4,845 38.591 26.208 26,208 38,591 Investment Income Unrestricted Total Funds UreStCled Total Funds Funds 2025 Funds 2024 Bank interest receivable 1.273 1.273 1.489 1.489 Costs of other tradln9 actlvttles Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Costs of olher Irading activities- Cafe 26.168 26,168 34,335 34,335 10. Expendlture on Charitable actlvities by lund type Unreslrtcled Funds Restricted Total Funds Funds 2025 Support Costs 44,217 42,501 86,718 Unrestrtcted Funds Restricted Total Funds Funds 2024 Support costs 88,779 7.499 96,278 11. Expendlture on Charitable activities by actlvlty type Total funds 2025 Total fund 2024 pport costs Charitable actlvlty Governance costs 85.643 1.075 85,643 1,075 86,718 95,259 1,019 86.718 96,278 15
Isabella Community Associatlon Ltd Company Limlted by Guaranto• Notos to tho Financial Statements l¢ontlnu8dl Year ended 31 December 2025 12. Analysis of support cost$ Charitable activities Total 2025 Total 2024 Staff costs Premises General officg Governance costs Support costs- Other costs 49.070 18.842 4,170 1,075 2,776 49,070 18.842 4,170 1.075 2,776 48,801 24,451 4,782 1.020 7.918 86,972 75,933 75.933 13. Independent examlnatlon f88$ 2025 2024 Fees payable to the independent examiner for.. Independent examination of the finandal slalernents 1,075 1,008 14. Staff Costs Thg total staff costs aThJ employee beneffts for the reporting peiiod are 8nalysed as follows: 2025 2024 Wages and salaries 79,200 77,403 The average head count of employees during th8 year was 712024; 71. Th8 average number of full- time equivalenl employees during the year is Analysed as follows. 2025 No. 2024 No. Number of staff No employee received employee benefits of more than £60,000 durfng the year12024.' Nill. 15. Trustee remuneration and expenses No remuneration or othgr b8nefits from empl¢?nent with the charity or a related entity were recefved by the Iruslees. 16
Isabella Community Association Ltd Company Limited by Guarantee Notes to the Financial Statements (conlI+j(1j Year ended 31 December 2025 16. T•nglble fixed assets Fixtures and fittings Office equipment Solar Panels Total Cost At 1 January 2025 and 31 December 2025 21.000 8,122 7,161 36.283 Depreclatlon At 1 January 2025 and 31 Decernber 2025 21.000 8,122 7.161 36,283 Canylng amount At 31 December 2025 At 31 December2D24 The charity operates and runs the premises at the Isabella Centre, Ogle Drive, 81h. The land on which the building sits is leased from Northumberland County Cotjncil on a 25 year lease at a peppercom renL The lease expires in 2028.The Directors do nol consider it approprlale to place a value on thg building givgn the restri¢tions on its use, and the ownership of the land on which il is built remaining with Northumberfand CC. 17. Debtors 2025 2024 Tradg dgbtors 4,928 9.904 18. Credltors: amounts falling due wlthln ono year 2025 2024 Trade creditors Accruals and deferred income 7,131 853 6.856 23.508 30.364 7,984 17
Isabella Community Association Ltd Company Llmlted by Guarantee Notes to the Financial Statements {eoniinu*d) Year endad 31 December 2025 19. Anatysls of charftsble fvnds Unrestrl¢t¢d funds 31 D¢comber 2025 1 January 2025 Income Expendkure Unrestricted fund - Central Designated -cafe 125,755 15,6931 120,062 35.452 42,501 127,884} 142,5011 170,385} 133,323 {5,693) 127,630 77,953 31 December 2024 1 Jarxjary 2024 Income Expenditure Unreslricied fund - Central Designated -cafe 144.685 16,694) 137.991 69,849 35.336 105,185 188.7791 (34.3351 1123.1141 125.755 15.6931 120,062 Restrlcled lunds At 1 January 2025 31 December 2025 Income Expenditure Reslrided Fund- Youth prolect Restricted Fund Capital Projects Wages Toddler Group Boiler Dance activities Equipment 26,667 126,667} 1,950 1,950 15,834 115.8341 1,010 9,775 3.500 1,010 9.775 3.500 16.235 42,501 {42.5011 16.235 At 31 December 2024 At 1 Jan¢Jary 2024 Income Expenditure Restricted Fund - Youth projgct Restricted Fund Capital Projects Wages Toddler Group 8oller Dance activitsas Equipment 1,950 1,950 7,499 850 <7.4991 160 9.775 1.000 1,010 9,775 1.000 2,500 10,849 12.885 {7,4991 16.235 18
Isabella Communlty Association Ltd Company Limited by Guarantee Notes to the Financial Stalements (eontlnu8dJ Year ended 31 December 2025 20. Analy616 of net assets between fvnds Unrestricted Funds Restricted Total Funds Funds 2025 Clrrient asse15 Creditors less than 1 year Net asgels 135,614 17,9841 127,630 16,235 151,849 17,984} 143,865 16.235 Unrestricted Funds Restricted Total Funds Funds 2024 Current assets Creditors less than 1 year Net assots 150,426 130,364} 120,062 16.235 166.661 (30.364) 136,297 16,235 19
Isabella Community Association Ltd Company Limited by Guarantee Management Information Year ended 31 December 2025 The followlng pages do not fom part of Iha 15nanclal statsments. 20
Isabella Communlty Assoclation Ltd Company Limited by Guaranteo Detailed Statement of Financial Activities Year ended 31 December 2025 2025 Income and endowments Donatlons and legacles B1h Town Council {Salaries and Wdgesl Blyth Town Coundl {Equipmenll Barbour Foundation (Core salary costs) Rid1 Family Charity (Core salary costs) R W Mann {Core salary ¢ostsl Cafe Grants Garfield Weston {Core costs) Nalicfial Lottery (Core costs) Rolhley frust (Toddler group) Youth projects Sir James Knott Trust (Core costs) 3,000 2,500 5,000 4.167 1,667 833 333 2.575 10.000 16,667 3,333 850 500 5,000 42.501 13.924 Charltablè actlvltles Charitable Income 50,472 62,030 other trading activitiès Fundraising Cafg Solar panels 84 20.464 5.660 985 32.761 4.845 38,591 26.208 Investment Income Bank inleresl receivable 1,273 1,489 Total Income 120.454 116,034 21
Isabella Communlty Association Ltd Company Limited by Guarantee Detailed Statement of Financial Activities (eoftdnu#d) Year ended 31 December 2025 2025 2024 Expendlture Costs of other tradlng actlvltles Wages and salaries Activity resources Equipment and rtUreS 19.345 6,763 60 19.295 11.630 3,410 34.335 26,168 Expenditure on charltabl8 actfvitles Wages and salaries Premises costs Sensory room Offe costs Accountancy fees Miscellaneous 59.855 18,842 58,108 24,451 1,991 4.782 1.019 5.927 4,170 1.075 2.776 86.718 g6,278 T¢>tal nditUrn 112.886 130,613 Net Incomel(expendlture} 7,568 114.5791 22
Isabella Community Association Ltd Company Limited by Guarantse Notes to the Detslled Statement of Financial Activities Year ended 31 December 2025 2025 2024 Costs of other tfading activities Costs of other trading activities - Cafe Vvages Activity resources Equipment and fixtures 19,345 6.763 60 19,295 11,630 3,410 34,335 26,168 osts of other trading activities 26.168 34.335 Expendbture on charitable activitles Charitable actlvlty Support costs Salaries and wages Premises costs Sensory room Office costs Miscollaneous 59,855 18,842 58,108 24.451 1,991 4,782 5,927 95,259 4,170 2.776 85,643 Go¥em8nca costs Governance costs- accountancy fees 1,075 1,019 Expendlture on charltable actlvltles 86.718 96.278 23
Isabella Community Association Ltd Company Limited by Guarantee Notss to the Detailed Statement of FFnancial Activltles Year ended 31 December 2025 ts115 of £haiitable expendlture and Inco Bollerand Dance artlvltle5 Todthr Group Core C•fé 25 2024 Income Grdnts BlythTown CotsrKII Ridley FamSly Charity Garfield Weston Sir JarnES Knott Trust 8.075 4,167 10,000 4.167 10.000 5,QOO 16.667 5,000 16.667 Naibnal Lottery Rothley Trust Barbour Foundation R W Mann Trust Fundrablng Charf(able Income Solar Power lrtcorne 850 5.OCIJ 1,667 5.000 1.667 84 84 50.472 5.660 20.464 70,936 5.660 94,791 4,845 Bank Interest L273 1.273 1.489 TOTAL INCOME 57,489 20,464 41501 120,454 111,535
Isabella Community Assoclatlon Ltd Company Limitsd by Guarantse Notes to the Detsiled Statement of Financial Activities Year ended 31 December 2025 Dirett E¥pertditure Salarie5 & Wages 17.354 19,345 42.501 79,2QO 77,403 Actlvlty Resources Mlstpllaneous SUB-TOTAL 6,763 6.763 2.776 88.739 11.630 5,927 94,960 2.776 20,130 26,108 42,501 Ovetheads Premises Cost Sensory Room Office cost Equlpment and Fixtures 18,842 18.842 24,451 1,991 4,782 4.170 4.170 60 3,410 Governance Costs 1,075 1.075 1,020 SUB-TOTAL 24,087 24.147 35,654 TOTAL EXPENDITURE 44,217 26.168 42,501 112.886 130.614 Surplus I Ideftitl 13.272 15.7041 7.568 3,093