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← The Hextol Foundation

2025-03-31-accounts

Company registration number: 05896869 Charity registration number: 1120857

The Hextol Foundation

(A company limited by guarantee)

Annual Report and Financial Statements

for the Year Ended 31 March 2025

The Hextol Foundation

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 to 23

The Hextol Foundation

Reference and Administrative Details

Trustees M Brunskill S McArdle G Dodd J C Parker Secretary B Howorth Charity Registration Number 1120857 Company Registration Number 05896869 The charity is incorporated in England & Wales. Registered Office 14c Gilesgate Hexham Northumberland NE46 3NJ Independent Examiner Christopher Gillie FCCA Lloyds Bank House Bellingham Hexham Northumberland NE48 2BA

Page 1

The Hextol Foundation

Trustees' Report

The Trustees are pleased to present their report together with the unaudited financial statements of the Charity for the year ended 31 March 2025 which are also prepared to meet the requirements for a directors’ report and financial statements for Companies Act purposes.

Reference and administrative details, set out on the previous page, form part of this report. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the memorandum and articles of association and 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).

Structure, governance and management

Governing document

The Hextol Foundation is a company limited by guarantee and is governed by its memorandum and articles of association dated 4 August 2006, as amended by special resolutions dated 14 August 2007 and 4 July 2011. It was registered with the Charity Commission on 14 September 2007.

Appointment of Trustees

The Trustees are directors for the purposes of company law and the members of the Charity must become Trustees. The number of Trustees must not be less than three and no more than twelve persons. The Trustees may at any time co-opt persons between annual general meetings, provided that the number co-opted does not exceed one third of the total number of Trustees. All co-optees must stand down at the end of the annual general meeting following their co-option.

Induction and training of Trustees

The induction and training of Trustees is dealt with according to individual need. Trustees usually have prior professional, sector or Charity knowledge and experience.

Organisation

The Charity is managed by the Trustees, who meet approximately 4 times a year. Two Trustees are needed for a quorum. The Trustees who have served during the year are set out on the reference and administrative details page.

The Chief Executive is responsible for the leadership, strategic development and effectiveness of the Charity and oversees the delivery of services.

The Finance Officer is responsible for day to day accounting and financial reporting.

The Fundraising Manager is responsible for fundraising activity to support the Charity.

The Office Manager is responsible for administrative and operational support, including health and safety and other central functions.

The Beneficiary Engagement Manager is responsible for the recruitment, development and welfare of all Volunteers/Beneficiaries.

The Catering Manager oversees the planning, logistics and delivery of the services for their business, supported by Supervisors to run each shift, guiding the Charity’s beneficiaries, and ensuring the service delivered meets customer expectations.

Page 2

The Hextol Foundation

Trustees' Report

Risk management

A full set of policies on health and safety, safeguarding, financial management, staffing, information security and customer liaison have been established and are reviewed as required.

Safety

The Charity has a natural focus on the safety and security of its entire workforce, especially as a number of them are vulnerable people. With this in mind,

• All who work at the Charity (including volunteers and beneficiaries) must obtain a Disclosure and Barring Service check and are governed by the Charity’s safeguarding policy for protecting vulnerable adults and children.

The Charity’s health and safety officer is Bruce Howorth.

Its employer’s liability, public and products liability, contents and D&O insurance policy is provided by Towergate Insurance and its motor insurance by Zurich Insurance.

Objectives and activities

The Hextol Foundation is an independent charitable company, based in Hexham, creating opportunities for people with a learning differences and / or mental health needs to engage in work related purposeful activity, gain real work experience and to develop job skills, confidence and self-esteem, thereby helping to improve mental and physical health and reduce social isolation. These are rare opportunities for people, whose condition or disability makes it practically impossible for them to gain paid employment, to be able to contribute to society and to find a real sense of purpose.

Our charitable objects are to improve the lives of people with disabilities and who may have other disadvantages, by creating opportunities to work, providing education and training and developing such other charitable forms of support as required. We achieve this by setting up not for profit businesses that provide safe and supported work and work-based training.

By our work we seek to challenge the stigma which surrounds the ability of those with learning difficulties and mental health needs.

In planning and carrying out the Charity’s activities for the year, the Trustees have considered the guidance produced by the Charity Commission on public benefit, including the guidance ‘Public benefit: running a Charity (PB2)’.

Achievements and performance

The Charity is, at least in a regional context, unique in that it:

Page 3

The Hextol Foundation

Trustees' Report

• Operates a wide range of services: gardening, café, catering, warehouse, and a print pack and post business. This means we can offer places to individuals who have diverse interests, aspiration and abilities.

• Provides a guided e-bike ride service under the name of Cycling Minds

Our customers are vital to our operating model and we aim to provide high quality products and services. This is important not only for our business but also for our beneficiaries in that they know they are providing good service for which customers are paying. This is essential to raining the self esteem of our beneficiary group.

The reviews we receive for our café, Hextol Tans, demonstrate that we are succeeding in delivering this quality of service. For example this review was posted on Google in August 2023

We stumbled across this cafe whilst walking around Hexham. The staff were absolutely wonderful! My friends and I work in SEN schools, and we especially loved how a staff member interacted/supported all of the staff, she was really encouraging, kind, she fostered a really positive atmosphere. The food was so good all handmade, (even my friend who initially was reluctant to go to a Vegetarian cafe) loved it! The food came incredibly quickly too! We only wish we lived nearer so could visit frequently! Could not recommend this place enough!

During the year we:

• Worked with 97 beneficiaries across all our service areas (2024: 92)

• Provided a total of 12923 hours of working opportunities and experience for our beneficiaries (2024: 11229). This is key measure of our outputs and the increase of 15% this year shows both the popularity of our services and the need for them. Since 2023 the hours of working opportunities we have provided has increased by 28%.

• Continued to actively address social isolation in our beneficiary groups by a combination of team working, social events and, importantly, our LunchClub.

• Attracted grant funding to support both our social events and LunchClub which allowed us to continue those initiatives. Demand for LunchClub has continued to rise and in the year we served a total of 2691 meals (2024: 1857), a 45% increase on the previous year and 138 beneficiaries attended our social events (2024:117).

• Continued our training programme consisting of both internal workshops and externally accredited qualifications. As a result of specific funding we were able to offer a mix of ASDANs, food hygiene and health and safety training. 29 courses were delivered (2024: 25) leading to a total of 12 qualifications and 17 ASDAN accreditations. 49 individuals attended our internal workshops.

• Absorbed Cycling Minds, a local CIC which, among other activities, provided guided e-bike rides for mental health. The aim of Cycling Minds was similar to ours in that it sought to improve mental health, self-esteem, confidence and skills, but delivered these aims in a different way, using cycling on e-bikes whereas we use real work environments. The beneficiary groups served by each organisation were also very similar. In the year we increased the number of rides from by 59% from 46 to 73. These rides supervised by a dedicated group of volunteers.

• Continued to operate the café we had opened in 2016 (Hextol Tans) 6 days per week. Trading was good and the café is a major source of working opportunities for our beneficiaries. The café remained the only exclusively vegetarian/vegan café in Hexham and continued to attract excellent Google and Trip Advisor ratings and reviews. We believe the quality of the service we provide is a key part of our mission to showcase the talents of our beneficiary group and increases the self esteem of our beneficiaries.

Page 4

The Hextol Foundation

Trustees' Report

• Operated our catering service which, in addition to catering for our LunchClub also provides external catering services.

• Launched an entirely new project “Grow with Hextol”. In collaboration with Lowgate Care Home we have developed a growing project specifically aimed at those who would not usually participate in our gardening services. This has enabled us to focus on the therapeutic aspects of horticulture. The project is fully grant funded and our year one evaluation showed it had been beneficial to those attending so we have continued it in 2025.

Over the year the following hours of working experience were completed by our beneficiaries :

• Hextol Tans: 6182 hours (2024: 5176), with 44 individuals engaged (2024: 43)

And in addition beneficiaries attended 52 hrs of workshops (2024:51.5 hrs).

Financial review and performance

The principal source of income comprised trading of £282,724 (2024: £292,985), with a further £214,015 in grants and donations (2024: £134,079).

The net surplus for the year was £47,950 (2024: net expenditure £6,450). Unrestricted funds at the year end increased to £80,558 (2024: £25,951).

Reserves policy

It is the policy of the Charity to seek to establish and maintain a reserves fund based on a business risk assessment or on covering up to 6 months of operating costs. After the fifteenth year of the Charity’s operation, free reserves at 31 March 2025 totalled £80,558 (2024: £25,951). The Trustees will review both the policy and the reserves position on a regular basis.

Plans for future periods

The Charity will continue to provide opportunities in Hexham.

Wherever appropriate the Charity will seek to work in partnership with other organisations, including charities, to expand the opportunities available to its beneficiaries in a sustainable and mutually beneficial way.

The Charity recognises the need to combat social isolation which is endemic in its beneficiary groups and will do this by offering team working opportunities, maintaining its regular lunch clubs and by social events.

Building on the success of the programme provided this year the Charity will seek to offer more externally accredited training if funding is secured.

Page 5

The Hextol Foundation

Trustees' Report

The Charity will seek to diversify the opportunities it offers to its beneficiaries where appropriate.

We will continue to work with all our stakeholders to take opportunities for growth whenever they arise.

Statement of Trustees' responsibilities in relation to the financial statements

The Trustees (who are also directors of The Hextol Foundation for the purposes of company law) are responsible for preparing the report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the special provisions for small companies, under Part 15 of the Companies Act 2006.On behalf of the Trustees on....................... [17/ SIGNED SECURELY17/12/2025 at 3:59:26 PM UTC 12/2025

[Bondon SIGNED SECURELY17/12/2025 at 3:59:26 PM UTC edd. Mr G Dodd Chairman

Page 6

The Hextol Foundation

Independent Examiner's Report to the trustees of The Hextol Foundation ("the Company")

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 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 Hextol Foundation are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of FCCA, which is one of the listed bodies.

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

  1. accounting records were not kept in respect of The Hextol Foundation as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 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

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

I 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.

Christopher Gillie FCCA

Lloyds Bank House Bellingham Hexham Northumberland NE48 2BA

23 October 2025

Page 7

The Hextol Foundation

Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
3
Charitable activities
4
Total income
Expenditure on:
Raising funds
5
Charitable activities
6
Total expenditure
Net income/(expenditure)
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
17
Note
Income and Endowments from:
Donations and legacies
3
Charitable activities
4
Total income
Expenditure on:
Raising funds
5
Charitable activities
6
Total expenditure
Net expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
17		 Unrestricted
funds
£
165,001
282,724
447,725
(24,464)
(368,654)
(393,118)
54,607
54,607
25,951
80,558
Unrestricted
funds
£
91,876
292,985
384,861
(21,372)
(366,901)
(388,273)
(3,412)
(3,412)
29,363
25,951		 Restricted
funds
£
49,014
-
49,014
-
(55,671)
(55,671)
(6,657)
(6,657)
65,167
58,510
Restricted
funds
£
42,203
-
42,203
-
(45,241)
(45,241)
(3,038)
(3,038)
68,205
65,167		 Total
2025
£
214,015
282,724
496,739
(24,464)
(424,325)
(448,789)
47,950
47,950
91,118
139,068
Total
2024
£
134,079
292,985
427,064
(21,372)
(412,142)
(433,514)
(6,450)
(6,450)
97,568
91,118

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 17.

The notes on pages 10 to 23 form an integral part of these financial statements. Page 8

The Hextol Foundation

(Registration number: 05896869) Balance Sheet as at 31 March 2025

2025 2024
Note £ £
Fixed assets
Tangible assets 10 54,938 47,143
Current assets
Debtors 11 25,130 20,319
Cash at bank and in hand 12 121,667 86,156
146,797 106,475
Creditors: Amounts falling due within one year 13 (38,123) (32,394)
Net current assets 108,674 74,081
Total assets less current liabilities 163,612 121,224
Creditors: Amounts falling due after more than one year 14 (24,544) (30,106)
Net assets 139,068 91,118
Funds of the charity:
Restricted income funds
Restricted funds 17 58,510 65,167
Unrestricted income funds
Unrestricted funds 80,558 25,951
Total funds 17 139,068 91,118

For the financial year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

SIGNED SECURELY The financial statements on pages 8 to 23 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by: [17/ 17/12/2025 at 3:59:26 PM UTC 12/2025 London SIGNED SECURELY17/12/2025 at 3:59:26 PM UTC edd.

......................................... G Dodd Trustee

The notes on pages 10 to 23 form an integral part of these financial statements. Page 9

The Hextol Foundation

Notes to the Financial Statements for the Year Ended 31 March 2025

1 Charity status

The charity is limited by guarantee, incorporated in England & Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation.

The address of its registered office is: 14c Gilesgate Hexham Northumberland NE46 3NJ

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

The Hextol Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Exemption from preparing a cash flow statement

The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Income and endowments

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

Page 10

The Hextol Foundation

Notes to the Financial Statements for the Year Ended 31 March 2025

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £100.00 or more are initially recorded at cost.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate
Office equipment 25% Reducing balance basis
Furniture and equipment 15% Reducing balance basis
Motor vehicles 25% reducing balance basis
Plant & machinery 25% reducing balance basis

Page 11

The Hextol Foundation

Notes to the Financial Statements for the Year Ended 31 March 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Page 12

The Hextol Foundation

Notes to the Financial Statements for the Year Ended 31 March 2025

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Page 13

The Hextol Foundation

Notes to the Financial Statements for the Year Ended 31 March 2025

3 Income from donations, grants & legacies

Unrestricted Restricted Total 2025 Total 2024
£ £ £ £
29th May 1961 Charity - 3,000 3,000 3,000
Adapt (North East) - - - 500
Chuter Ede CIO - - - 250
CLA Charitable Trust - - - 2,750
Community Foundation - 1,900 1,900 -
Community Foundation - 1,445 1,445 -
Community
Foundation
Willan		 1989 - 10,000 10,000 -
Community Foundation - General
Appeal		 - - - 2,000
Community Foundation - Prime
Fund		 - - - 3,870
Community Foundation - William
Leech Charity		 - - - 10,000
Dr Elizabeth Calder Settlement - - - 1,000
Egger (UK) lTD 100 - 100 -
Frazer Trust - - - 2,000
Freemasons of Northumberland - - - 2,500
Hedley Denton - 1,000 1,000 -
Hexham Town Council 3,000 - 3,000 3,500
Jive Alive 300 - 300 -
Joseph Strong Fraser Trust 2,000 - 2,000 -
Karbon Homes - 1,500 1,500 2,000
Marsh Christian Trust - - - 600
Mr
&
Mrs
William
Donald's
Charitable Trust		 2,000 - 2,000 -
National Lottery Community Fund - - - 19,833
NCC Community Chest - 2,250 2,250 -
Niveh Trust - 2,500 2,500 -
Postcode Neighbourhood Trust - - - 25,000
Sir James Knott Trust - - - 5,000
Skipton Building Society - 2,719 2,719 -
St Andrews Women Fellowship 550 - 550 -
Sylvia Waddilove Foundation 1,000 - 1,000 -
Tabhair Trust 5,000 - 5,000 -

Page 14

The Hextol Foundation

Notes to the Financial Statements for the Year Ended 31 March 2025

The Archer Trust - 2,000 2,000 -
The Barbour Foundation - 5,000 5,000 -
The D'Oyly Carte Charitable Trust - - - 4,000
The Edward Gostling Fund 105,000 - 105,000 25,000
The February Foundation - 5,000 5,000 -
The Hadrian Trust 1,000 - 1,000 1,000
The Hospital of God at Greatham - - - 3,000
The J H Burn Charity Trust - - - 300
The Joicey Trust - - - 2,000
The Screwfix Foundation - 2,700 2,700 -
The Smith (Haltwhistle & District)
Charitable Trust		 400 - 400 400
The Will Charitable Trust - 8,000 8,000 -
Wellbank Foundation - - - 5,000
W M Donald Charitable Trust - - - 2,000
William Bell 4,000 - 4,000 -
Donations
(including
assets)		 donated 40,651 - 40,651 7,576
Total 165,001 49,014 214,015 134,079

4 Income from charitable activities

Hextol Gardening
Hextol Greenbox
Hextol Lunches
Hextol Property Works
Hextol Tans cafe
Training Income
Other Income
Expenditure on raising funds
osts of generating donations and legacies		 Unrestricted
funds
General
£
49,814
34,194
3,214
50,801
141,865
-
2,836
282,724
Allocated
support costs
£
24,464		 Total
2025
£
49,814
34,194
3,214
50,801
141,865
-
2,836
282,724
Total
2025
£
24,464		 Total
2024
£
69,249
37,523
7,978
46,870
120,995
125
10,245
292,985
Total
2024
£
21,372

5 Expenditure on raising funds

Costs of generating donations and legacies

Page 15

The Hextol Foundation

Notes to the Financial Statements for the Year Ended 31 March 2025

6 Expenditure on charitable activities

Staff Costs
Hextol Gardening
Hextol Greenbox
Hextol Lunches
Hextol Property Works
Hextol Tans cafe
Professional fees
Profit/Loss on disposal
Interest payable
Depreciation
Office costs
Governance Costs		 Direct costs
£
156,684
12,347
26,478
6,330
19,803
72,506
5,060
(1,689)
819
15,159
-
-
313,497		 Activity
support costs
£
63,768
-
-
-
-
-
-
-
-
-
38,562
8,498
110,828		 2025
£
220,452
12,347
26,478
6,330
19,803
72,506
5,060
(1,689)
819
15,159
38,562
8,498
424,325		 2024
£
224,148
12,874
23,252
4,716
18,311
66,511
3,472
887
975
12,529
36,482
7,985
412,142

7 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

8 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs		 2025
£
231,092
10,104
6,433
247,629		 2024
£
232,197
9,016
6,385
247,598

Page 16

The Hextol Foundation

Notes to the Financial Statements for the Year Ended 31 March 2025

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

charity during the year expressed as full time equivalents was as follows:
Management
Project Staff		 2025
No
2
14
16		 2024
No
2
15
17

No employee received emoluments of more than £60,000 during the year.

The total employee benefits of the key management personnel of the charity were £47,813 (2024 - £45,536).

9 Taxation

The charity is a registered charity and is therefore exempt from taxation.

10 Tangible fixed assets

Cost
At 1 April 2024
Additions
Disposals
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
Eliminated on disposals
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024		 Furniture and
equipment
£
72,052
25,515
(1,150)
96,417
45,088
10,467
-
55,555
40,862
26,964		 Motor vehicles
£
55,245
-
(9,280)
45,965
35,066
4,692
(7,869)
31,889
14,076
20,179		 Total
£
127,297
25,515
(10,430)
142,382
80,154
15,159
(7,869)
87,444
54,938
47,143

Page 17

The Hextol Foundation

Notes to the Financial Statements for the Year Ended 31 March 2025

11 Debtors

Trade debtors
Prepayments
12 Cash and cash equivalents
Cash on hand
Cash at bank
13 Creditors: amounts falling due within one year
Bank loans
Trade creditors
Other taxation and social security
VAT grant repayable
Other creditors
Accruals
14 Creditors: amounts falling due after one year
Bank loans		 2025
£
21,445
3,685
25,130
2025
£
446
121,221
121,667
2025
£
5,549
8,958
3,305
10,174
4,667
5,470
38,123
2025
£
24,544		 2024
£
14,982
5,337
20,319
2024
£
2,315
83,841
86,156
2024
£
5,549
5,693
2,731
9,282
3,258
5,881
32,394
2024
£
30,106

The charity took out a £50,000 loan under the Bounce Back Loan scheme in August 2020. In August 2021. the loan term was extended from 6 years to 10 years. The loan carries interest at the rate of 2.5%. The balance due after more than five years is £2,328.

15 Pension and other schemes

Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £6,433 (2024 - £6,385).

Page 18

The Hextol Foundation

Notes to the Financial Statements for the Year Ended 31 March 2025

16 Commitments

Other financial commitments

The total amount of other financial commitments not provided in the financial statements was £7,202 (2024 - £23,254).

Page 19

The Hextol Foundation

Notes to the Financial Statements for the Year Ended 31 March 2025

17 Funds

Unrestricted funds

Unrestricted funds
General
General Funds
Restricted funds
Funds expended on tangible fixed
assets
Adapt (North East)
Community Foundation Tyne and
Wear and Northumberland -
General Appeal
Community Foundation Tyne and
Wear and Northumberland -
Prime Fund
Finnis Scott Foundation
National Lottery Awards for All
England
The D'Oyly Carte Charitable
Trust
Wellbank Foundation
William Webster Charitable Trust
Niveh Trust
The Screwfix Foundation
NCC Community Chest
The Archer Trust
Hedley Denton
The February Foundation
The Community Foundation 1989
Willan
29th May 1961 Charity
Skipton Building Society
The Will Charitable Trust
Karbon Homes
Community Foundation Tyne and
Wear and Northumberland
Community Foundation Tyne and
Wear and Northumberland
The Barbour Foundation		 Balance at 1
April 2024
£
25,951
40,375
41
1,321
3,870
651
11,333
1,417
4,960
1,199
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Incoming
resources
£
447,725
-
-
-
-
-
-
-
-
-
2,500
2,700
2,250
2,000
1,000
5,000
10,000
3,000
2,719
8,000
1,500
1,900
1,445
5,000		 Resources
expended
£
(393,118)
(7,050)
(2)
(1,321)
(1,137)
(113)
(11,333)
-
(1,656)
-
-
-
(2,250)
(2,000)
(1,000)
(5,000)
(10,000)
(3,000)
(1,043)
(8,000)
(766)
-
-
-		 Balance at 31
March 2025
£
80,558
33,325
39
-
2,733
538
-
1,417
3,304
1,199
2,500
2,700
-
-
-
-
-
-
1,676
-
734
1,900
1,445
5,000

Page 20

The Hextol Foundation

Notes to the Financial Statements for the Year Ended 31 March 2025

Total restricted funds
Total funds		 Balance at 1
April 2024
£
65,167
91,118		 Incoming
resources
£
49,014
496,739		 Resources
expended
£
(55,671)
(448,789)		 Balance at 31
March 2025
£
58,510
139,068

Funds expended on tangible fixed assets : The fund balance carried forward of £33,325 represents the net book value of assets acquired for grants already expended in previous years.

£2,500 was received from The Niveh Trust towards the "Grow with Hextol" gardening project. £2,700 was received from the Screwfix Foundation towards refurbishing the catering kitchen. £2,250 was received from NCC Community Chest towards replacing kitchen equipment and chairs. £2,000 was received from The Archer Trust towards the lunch club.

£1,000 was received from Hedley Denton towards the lunch club.

£5,000 was received from The February Foundation towards core costs.

£10,000 was received from The Community Foundation 1989 Willan towards core operating costs.

£3,000 was received from 29th May 1961 Charity towards core operating costs.

£2,719 was received from The Skipton Building Society towards replacing furniture in the Tans cafe. £8,000 was received from The Will Charitable Trust towards supporting the catering project. £1,500 was received from Karbon Homes towards the lunch club.

£1,900 was received from The Community Foundaction towards social gatherings. £1,445 was received from The Community Foundation towards social gatherings. £5,000 was received from The Barbour Foundation towards core operating costs.

Page 21

The Hextol Foundation

Notes to the Financial Statements for the Year Ended 31 March 2025

Unrestricted funds
General
General Funds
Restricted
Funds expended on tangible fixed
assets
Adapt (North East)
Chuter Ede CIO
CLA Charitable Trust
Community Foundation Tyne and
Wear and Northumberland -
Curtin PARP
Community Foundation Tyne and
Wear and Northumberland -
General Appeal
Community Foundation Tyne and
Wear and Northumberland -
Prime Fund
Community Foundation Tyne and
Wear and Northumberland -
Prime Fund
Finnis Scott Foundation
Freemasons of Northumberland
Karbon Homes - Community
Funding
Karbon Homes - Community
Funding
Lidl Local Community
National Lottery Awards for All
England
Prince of Wales Charitable Fund
The Boshier-Hinton Foundation
The D'Oyly Carte Charitable
Trust
The Hedley Foundation
The Inman Charity
The William Leech Charity
Wellbank Foundation
William Webster Charitable Trust
Total restricted funds
Total funds		 Balance at 1
April 2023
£
29,363
52,671
61
-
-
511
-
468
-
946
-
603
-
306
-
1,493
966
-
2,673
507
5,000
-
2,000
68,205
97,568		 Incoming
resources
£
384,861
-
-
250
2,750
-
2,000
-
3,870
-
2,500
-
2,000
-
19,833
-
-
4,000
-
-
-
5,000
-
42,203
427,064		 Resources
expended
£
(388,273)
(12,296)
(20)
(250)
(2,750)
(511)
(679)
(468)
-
(295)
(2,500)
(603)
(2,000)
(306)
(8,500)
(1,493)
(966)
(2,583)
(2,673)
(507)
(5,000)
(40)
(801)
(45,241)
(433,514)		 Balance at 31
March 2024
£
25,951
40,375
41
-
-
-
1,321
-
3,870
651
-
-
-
-
11,333
-
-
1,417
-
-
-
4,960
1,199
65,167
91,118

Page 22

The Hextol Foundation

Notes to the Financial Statements for the Year Ended 31 March 2025

18 Related party transactions

There were no related party transactions in the year.

Page 23