ACTES TRUST
COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
31 March 2025
Company Number . 04345294
Registered Charity Number . 1122223

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
YEAR ENDED 31 March 2025
CONTENTS
PAGE
The Trustees, report
3-19
Independent auditor's report to the members
20-24
Statement of Financial Activities
25
Balance sheet
26-27
Statement of Cash Flows
28
Notes to the financial statemenls
2941

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES, REPORT
YEAR ENDED 31 March 2025
The trustees are pleased to present their report together with the financial statements of the charity for
the year ended 31, March 2025.
Reference and administrative details
Registered Company Number..
04345294
Registered Charity Number..
1122223
Registered Office
99 Acklam Road
Acklam
Middlesbrough
TS5 SHR
Senior Management Team
Chief Executive.,
Deputy Chief Executive..
Paul Wales
Anne Davies
Details of the Board of Trustees are set out below. The Trustees are also known as directors of Actes
Trusl for the purposes of company law.
Name
Role
Date
Elected
25.01.2007
17.11.2008
04.02.2020
09.11.2021
22.09.2025
Date
Resi
ned
Geoff Payne
Sharon Stuttard
Helen Dudiak
Michael Barber
Elaine Corbyn
Chair from 05.02.19

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES, REPORT(continuedJ
YEAR ENDED 31 March 2025
Auditors
Anderson Barrowcliff Limited
3 Kingfisher Court
Bowesfield Park
Stockton-on-Tees
TS18 3EX
Bankers
National Westminster Bank PLC
250 Bishopsgate
London
EC2M 4A4
Solicitors..
Womble Bond Dickinson
The Spark
Draymans Way
Newcastle Helix
Newcastle Upon Tyne
NE4 5DE
Investment Bankers:
Cazenove Capital
1 London Wall Place
London
EC2Y SAU

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES, REPORT(¢ontinued)
YEAR ENDED 31 March 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present
their report with the financial statements of the charity for the year ended 31 March 2025. The trustees
have adopted the provisions of 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).
Introduction from the Chair
During 2024125 the funding landscape remained challenging, extremely competitive with limited
opportunities and the Charity ended the year showing a loss. We continue to review staffing levels to
ensure Actes Trust is efficient and effective in its delivery of its charitable cornmunity-based services and
activities.
During the year we took positive action to address challenges within the charity and in August 2024 we
finalised a 5-year lease agreement for the Resource Centre to the KFC Youth Foundation. This agreement
means that the facilities will concentrate on delivering support services and opportunities for young people
of Middlesbrough (this is the KFC Youth Foundation's first youth hub nationally), with Actes Trust receiving
a rental stream and retaining elements of service such as caretaking and grounds maintenance.
We also refreshed and renewed our website. This now gives a more comprehensive view of our current
and past delivery, achievements and performance and it also features a timeline of the organisation. In
addition, we rebranded with a new logo which is more reflective of the organisation's purpose, and we now
use our full title Actes Trust.
The Charity facilities continued to provide high quality rental space, supporting a local secondary school,
special educational needs college, local businesses, sports, and community related activities. Room
bookings and usage at both centres has increased from last year and we annually review our prices
resulting in an increase of income and each centres reputation continues to grow. As we now lease the
Resource Centre, we relocated the IT suite to the Acklam Green Centre ensuring that much needed
services and support for our beneficiaries remained in place.
Building on the completion of the refurbishment of its 3G artificial sports pitch, this year stage
concentrated on developing a business case and application to the Football Foundation to replace the old
floodlights with new efficient and environmentally friendly L.E.D ones. Which we now know has been
successful.
This year we progressed with the disposal of all but one of Actes Trust housing stock. Our approach was
professional and sensitive ensuring our tenants were kept updated and informed through each stage and
ultimately remained as tenants which we achieved. All proceeds will be reinvested so there is a continued
income stream to support core activities.
While the financial aspect of the business is still difficult, the Charity has continued to grow its reputation,
developing new and maintaining existing partnerships.
This year Actes Trust strengthened its involvement in Middlesbrough Youth Mutual under its Better
Together initiative and were successful in being the lead partner for a National Lottery funded programme
and a delivery partner in another. This will result in working in areas of high poverty in Middlesbrough
providing support and advocacy to young people in relation to employment, education and training.

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES. REPORT{contlnuedJ
YEAR ENDED 31 March 2025
Following the riots in Middlesbrough during 2024, we have been a voluntary anchor organisation chairing
established groups bringing together funding and support for organisations working with young people to
support with the healing of the town.
Ensuring we deliver quality provision to our beneficiaries is extremely important to Actes Trust we do this
through having two key quality standards. The Customer Service Excellence Standard was maintained
with additional compliance plus areas. The Matrix Standard assessment resulted in extremely positive
feedback from the assessor, and all of the criteria were met, this was achieved through an evidenced
based work review, excellent comments from the people we support and the partners we work with.
We have continued to support those furthest from the labour market, those that have complex and multiple
barriers, alongside our accredited and non-accredited training programmes, gaining some funding from
the Tees Vally Combined Authority and Middlesbrough Council to support this work. This year we extended
our work club provision being able to help more people needing assistance and move closer to training
and employment.
Actes Trust client support services continue to provide direct support to beneficiaries, and we deliver this
through outreach, location-based provision, diverse communities, young people, and schools.
The Charity remains focused on supporting clients in achieving their goals. In ensuring that beneficiaries
are not disadvantaged and the board authorised the use of the resenies to provide continued support.
During this year the trustees remain focused, taking bold decisions, reviewing progress against plans and
approving the charities annual and three-year business plan. This year we ensured that environmental
improvements became a priority within the organisation and were practically implemented.
I would like to thank the board of trustees for their continued commitment, their time and support during
the year and on behalf of them all I would like to thank the staff team for their dedication and hard work to
ensure our continued development and growth and for their professionalism through continued challenging
times, ensuring that the beneficiaries of the Charity continue to receive our support.
Geoff Payne - Chalrman of the Board
Structure, Governance and Management
Actes Trust is a company limited by guarantee governed by a Board of Trustees and its Memorandum and
Articles of Association dated 24th December 2001 and amended 10" September 2010 and 17th September
2012. It is a registered charity with the Charity Commission. The Board of Trustees are appointed by its
members.
The Board of Trustees:
Sets and reviews the policies of the charity.,
Is involved in determining the corporate strategy of Actes Trust, including setting key strategic
objectives",
Approves the financial strategy for the organisation and authorises major decisions about the use
of finances.,
Approves the annual and strategic delivery plan for Actes Trust activities:

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES, REPORT(continued)
YEAR ENDED 31 March 2025
Internal Controls and Risk Management
Systerns and procedures have beers established to identify, monitor and manage the risks that Actes Trust
faces. Strategic decisions taken by the Trustees include full consideration of risk based on a risk
assessment register reviewed quarterly.
One of the major risks for Actes Trust is the reduction in funding opportunities at this time and the inability
to fully cover overhead expenditure within grants. In managing this risk, Actes Trust continually reviews its
operating model to ensure expenditure is under control and within budgetary limits. In addition, Actes Trust
continually reviews its staffing structure to ensure it is not only fit for purpose but also efficient, effective
and affordable. This will be an on-going process for the charity to ensure long term sustainability.
Recrultment and Training of Trustees
Trustees are recruited in line with the terms laid down in the Articles of Association. Trustees serve for an
initial term of 4 years after which they can be re-appointed for a further 2 years at any periodic board
meeting. There is no limit to the number of 2 year terms that a trustee can serve.
Individuals wishing to be considered for the role of Trustee are required to submit an application to the
Chair of the Board who will short-list suitable applicants on the basis of relevant skills and experience,
prior to an election process. Following their appointment Trustees are issued with a Trustee Handbook at
an induction meeting to update them on the current strategic issues facing the org8nis8tion.
Organisational Structure & Decision Maklng
Responsibility for the day to day management of Actes Trust and the implementation of B08rd decisions
and policy is delegated to Actes Trust Chief Executive, with the support of Deputy Chief Executive, Team
Leaders and all other staff. The Board meets a minimum of 4 times per year and at least one Business
Development session.
Settlng Pay and Remuneratlon
The Board are responsible for setting the remuneration of the Chief Executive Officer and the Deputy Chief
Executive Officer. The Board take into account similar roles in comparative organisalions in determining
the salary levels and seek external advice. The Chief Executive officer is responsible for setting the
remuneration level for all other staff again benchmarking against similar roles within comparative
organisations and taking into account any national changes.
Related Parties
None of the trustees receive remuneration or any other benefit from their work with the charity. Any
connection be￿een a trustee or a senior manager of the charity with an Actes Trust service user or
organisation that supplies goods or services to Actes Trust must be disclosed to the board of trustees in
the same way any other contractual relationship with a related party. In the current year no such related
part transactions were reported at any of the board meeting5.
Fundraising
Actes Trust does not carry out any significant fundraising activities.

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES, REPORT(continuedJ
YEAR ENDED 31 March 2025
Objectives & Activities
Actes Trust was established for the promotion for the public benefit of urban and rural regeneration in
areas of social and economic deprivation.
Actes Trust exists to improve the lives of the communities it serves. It achieves this by providing tailored
services to meet the needs of individuals, often with complex or multiple needs, and by the provision of
high-quality business and social spaces and lettable accommodation.
Actes Trust aims to inspire individuals to realise their full potential through supportive engagement and
innovative solutions to achieve change. It has adopted a person-centred approach to service delivery
involving coaching, information advice and guidance, accredited and non-accredited training and
workshops. It has a solid asset base including business and community premises and a small housing
portfolio.
Actes Trust is continuing to develop its services in supporting with reducing reoffending and working with
those clients who have chaotic lifestyles. Actes strength lies in working with the client to help them progress
towards their aims and goals, be that education, training, employment, or a more stable lifestyle. We
operate a peer led service to further enhance the support offered to clients.
In delivering its objectives, Actes seeks to address a range of broad social issues through an extensive
delivery programme which will enable individuals to contribute to society in a positive way. Established as
a Charity in 2008, Actes operates mainly within the Tees Valley.
Actes Trust will meet these objectives by all or any of the following means-
a) the relief of poverty.,
b) the relief of unemployment.,
c) the advancement of education, training or re-training, particularly among unemployed people, and
assisting in the provision for unemployed people of work experience;
d) the provision of financial assistance, technical assistance or business advice or consultancy in order to
provide training and employment opportunities for unemployed people in cases of financial or other
charitable need through help..
l. to existing businesses,. or
11. in setting up new businesses.
e) the creation of training and employment opportunities by the provision of work-space, buildings andlor
land.,
fj the provision of housing for those who are in conditions of need and the improvement of housing provided
that such power shall not extend to relieving any local authorities or other bodies of a statutory duty to
provide or improve housing.,
g) the maintenance, improvement or provision of public amenities.

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES, REPORT(continued)
YEAR ENDED 31 March 2025
Objectives & Activltles (continued)
h) the provision of recreational facilities for the public at large or those who by reason of their youth, age,
infirmity or disablement, poverty or social and economic circumstances, have need of such facilities.,
i) the protection or conservation of the environment;
j) the provision of public health facilities and childcare.,
k) the promotion of public safety and the prevention of crime.
The progress towards achievement of the Charity's aims and objectives is monitored quarterly by the
Board of Trustees and any corrective action required due to slippage against timescales is documented.
The board review the organisation's position both financially and operationally at every meeting and all
company policies are reviewed by the board periodically. The Articles of Association are reviewed
periodically to ensure that recent legislation is incorporated where required.
When reviewing the objectives and activities of the Charity the Board of Trustees have referred to Charity
Commission general guidance on Public Benefit and is satisfied that the Charity meets Public benefit
requirements.
Achievements and Performance
Climate Action Middlesbrou
Climate Action Middlesbrough (CAM) aims to facilitate reductions in Middlesbrough's carbon footprint and
encourage a change towards more sustainable lifestyles. Our aims and objectives
To facilitate reductions in Middlesbrough's carbon footprint.
To create a well-informed social movement supportive of tackling the climate crisis, through the
combination of education, awareness-raising, increased involvement and connectedness and
delivery of practical projects.
To create a community - led movement for social change towards a sustainable environment.
To enable communities to have a voice on addressing the changing climate.
The project is led by Middlesbrough Environment City (MEC) with a range of partners, Linx, Tees Valley
Wildlife Trust, The Other Perspective (TOP) and Actes Trust.
Actes Trust lead on youth engagement as well as wider community engagement including training. Some
highlights during this financial year:
Youn
erson en
ement and activities 24125..
Established Climate Action Clubs (after school) to several primary schools delivering 10-week
sessions covering various topics - such as Fast Fashion, Biodiversity & Habit. Plastics, Yours
& Your Family's Carbon Footprint and Recycling.
Delivered various workshops to young people through the Holiday Activity Fund.
Engaged with 712 young people around CAM.
429 CAM questionaries completed by young people and analysed for awareness campaigns.
Engaged with 7 Schools and 1 College.

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES, REPORTfcontinued)
YEAR ENDED 31 March 2025
Achievements and Performance (continued)
In addition, the CAM Team attended and delivered sessions at the Headstart Conference, Askam Bryan
College, various networking events, a Fun Day, litter picks across Middlesbrough and took part in Clean
Beaches week and The Great Big Green week.
In February 2025, Actes Trust staff members were extremely honoured to meet the King and Queen at the
re-opening of the International Centre in Middlesbrough. Actes Trust were kindly invited to the event to
promote the Climate Action Middlesbrough project and were there in attendance alongside pupils and staff
from Archibald Primary School.
The CAM team gave an overview of project's environmental work in Middlesbrough and introduced the
King and Queen to some children from our Archibald Primary School Climate Action Club. The King loved
the children's handmade card, was amused by their upcycled toilet tube Royals, and thought our smoothie
bike was fantastic.
Wider Communit En
ements
This year we continued with our'Don't Waste It, Wear It, programme. We requested people to donate their
unwanted clothes, and we cleaned, sized and went out to various community hubs across the town and
people were able to take the clothes they needed. This not only supported people in hardshiplpoverty, it
also prevented the clothes from going to land fill, reducing carbon emissions.
Engagement with the communities and community organisations continued spreading awareness of the
recycling process and its importance as well as other climate action topics. We supported the
establishment and the delivery of eco-shops as well as regular litter picking and education sessions across
Middlesbrough resulting in an increase in recycling and delivery of information sessions.
Beneficiaries taking part in our project activities
Volunteers that have taken part in your project
230
30
Mlddlesbrou
h Financial Inclusion Grou
FIG
Actes Trust continue to be a key partner and co-chair of long-established FIG. The FIG consists of around
43 partnering organisations and plays a vital role in ensuring the financial concerns for residents are
addressed through timely joined up working.
One of the main responsibilities of FIG is to ensure those residents who are the most vulnerable are
identified and assisted through a wide range of support from both the Council and partner organisations.
The purpose of the group through collaborative and responsive engagement is to identify
currenvpotential financial issues which may affect the residents of Middlesbrough.
This year we have looked at..
DWP and the migration of claimants moving from tax credits to Universal Credit
Food Power Alliance
Roll out of the Household Support Fund (HSF) 2024125
Agreeing some overarching themes for FIG
10

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES, REPORT(continued)
YEAR ENDED 31 March 2025
Achievements and Performance (contlnued)
Middlesbrou
h Youth Mutual - Strate
The Middlesbrough Youth Mutual (MYM) has been running since 2021 and was developed by the Lead
Partners with support from the National Lottery funded North-East Youth Alliance which was established
to support the development and sustainability of the people and organisations working to improve the lives
of young people across the region in 2020.
Alongside Youth Focus North-East (lead partner), The Junction Foundation and Linx Youth Project, Actes
Trust played a key role in the implementation of the Middlesbrough Youth Mutual (MYM) Strategy as the
project secured National Lottery funding in the region of £420,000.
The MYM is fundamentally about people coming together to share knowledge, resource experience to
deliver better services together. Actes Trust wanted to encourage collaboration for the mutual benefit of
organisations and communities it serves and to improve outcomes for young people. People are at the
heart of our work and positive relationships and honest communications are key to its success. The MYM
strategic priorities have been identified by hearing from young people and the organisations that serve
them. So far. we have achieved:
The Chief Executive Officer (CEO) has continued to work with the lead MYM partners to ensure
implementation of the strategy
The CEO has worked with MYM partners to develop successful funding applications of which Actes
Trust took the lead on one and are a partner in another and in March 2025 were informed that we
had secured £440,000 to implement the Better Together FutureslFoundations programmes, that
will work with young people between 14-19 years old to provide careers advicelenrichment and
support young people into employment, education or training. The wider work including the other
MYM partners and Education Trust meant that in total £1.4m has been secured against the target
for additional funding within the MYM Strategy was £100k.
Developed and started to implement an agreed communications plan
Carried out engagement and research with young people around social media and set up
Facebook, Instagram and promoted to Young People and Organisations.
Engaged with new organisations and promoted MYM
Engaged with young people in Youth Clubs and Youth settings
Your Mone
&You
We delivered this course as part of the Governments numeracy initiative, and it was funded through the
Tees Valley lead for the UK Shared Prosperity Fund (UKSPF) Multiply Programme- Tees Valley.
The course was IT for beginners, an introduction to computers and using email and internet, money
management, benefits check and signposting to further education or employment. During this year 27
completed the course.
Prior to its completion, the funder completed an unannounced visit and observation of the course and an
Ofsted grade assessment of the Tutor. They were very happy with the course and spoke to learners to get
some feedback from them as to if they were enjoying the course and the tutor. On completion the tutor
received a grading of 'GOOD' as per Ofsted grading. As for the course content, lesson plans and scheme
of work, these were all strong and met requirements.

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES, REPORT(continuedJ
YEAR ENDED 31 March 2025
Achievements and Performance (continued)
Work Clubs
Actes Trust established 'work club,, has extended its provision and now operates two days a week. We
have healthy flow of referrals particularly from DWP which provide positive feedback about our seniices.
The work clubs provide the following support to residents accessing this service..
Access to IT suite with support
Support in job search
Development of a Cv's
Ac￿sS to IAG
Signposting to wider support
The provision part funded by Middlesbrough Council with all contract targets met and exceeded.
Pro
ress and the number of
eo
le benefittin
from the work club
All attendees are signposted to training or gaining employment with a new updated CV (hard copy and
electronic).
316 clients have been referred to the Work Club, of which 188 have attended
12-week follow-on to achieve an outcome starting from 1010112025 (all clients have been contacted),
with..
Progress into employmenvtrainingleducation
140
In terms of employment people have moved into roles such as Data Installation, Care Sector, Mechanic,
NHS, Warehousing, Retail, Food Production and Teaching Assistants.
In terms of training courses people have move on to MathslEnglish, ESOL, Cleaning, Healthcare as well
as Actes Trust's Intro to IT.
This equates to 740/0 of the people we have supported moving into a positive destination.
Past Present & Your Future
This course is aimed at ex-offenders to provide them with a better understanding of their offences along
with how and what they should disclose to potential employers. It also includes working with the clients to
assist them moving forward into further training or employment. We receive referrals from Middlesbrough,
Stockton and some from Redcar & Cleveland.
Funding for delivery was secured through National Lottery Awards for All for this established programme.
The programme achieved the following:
Number of referrals
Number attended
Completed
Progress into employmenutrainingleducation
70
25
25
21
This equates to 84./0 of the people we have supported moving into a positive destination.
12

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES, REPORT{continuedJ
YEAR ENDED 31 March 2025
Achievements and Performance (continued)
Work IT Out 2
This was part of the Multiply programme funded through Hartlepool Council. This new course is for
referrals from DWP and other agencies for clients to get a new or update CV, complete a Work Skills &
Numeracy Assessment along with IAG receive on job search, interviews and how to do a better off
calculation based on future employment.
Number of referrals
Number attended
Completed
Progress into employmenutrainingleducation
130
130
130
85
This equates to 65 /0 of the people we have supported moving into a positive destination.
Unlock Your Potential
This was a two-day confidence building and motivational course funded by Middlesbrough Community
Learning (MCL).
Number of referrals
Number attended
Completed
19
Due to the low take up we agreed with the funder and implemented a new course on the same contract
that would start in the next financial year.
Facllltles
The facilities business unit comprises the Acklam Green Centre, the Resource Centre, and the rentable
properties.
At the beginning of 2024125 a pricing review was carried out across the sites to ensure the centres
remained competitive and to cover the increase in costs. Activity increased at the Acklam Green Centre
during the year, and the top floor became exclusive to Transition College. Activity at the Resource Centre
was less stable in the first few months of the year and taking this into account a five-year lease was agreed
with the KFC Youth Foundation for the Resource Centre who now have exclusive use.
Overall, the two centres achieved generated income from external sources of £428k and internal sources
£23k.
The rental properties brought in £28k which was less than previous year's but seven of them were sold
during the year, so this was expected.

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES, REPORT(continued)
YEAR ENDED 31 March 2025
Flnancial Review
In the financial year ended 31. March 2025, total income was £665,623 (2024 £681,947).
Total expenditure for the financial year was £960,701 (2024 £933,069).
The principal funding sources of income to Actes Trust during the year were provision of recreational
facilities, room hire and catering income of £428,075, investment and rental income of £88,702 and client
led services grants of £143,176.
The financial year 2024125 has been challenging overall, but although there were difficulties the charity
also saw some positives. After a period of reduced activity at the Resource Centre, the trustees approved
a five-year lease on the whole site to the KFC Youth Foundation, whilst retaining the Site Facilities Workers
to assist them and the building's needs. Although this initiated additional costs such as replacing the boiler
and transferring the IT suite to our other Facility to ensure continued delivery of Actes Trust adult courses,
it should bring in much better returns in future years. Despite this the facilities business unit performed well
during the year with income up by 100/0 which is comparable with previous years. The sale of seven
investment properties was achieved during the year. Unfortunately, the market sale value was lower than
the last valuation, but the majority of the proceeds were re-invested into the Multi-charity Fund we hold
with Cazenove to ensure the charity still gains future returns. Another challenge the charity faced was the
increase to the National Minimum Wage rate of nearly 10 %, this impacted on other roles at the next level
and the charity carried out a benchmarking exercise to ensure that staff were paid in line with sector
averages on a local level. Grant income fell again as funds for previously ended projects could not be
replaced. New funding streams continued to be difficult to access due to increased competitiveness.
However, the work with Middlesbrough Youth Mutual partnership started to pay off as the National Lottery
Community Fund agreed to support implementing a youth strategy across Middlesbrough and funding was
secured in the first half of the year. Part of the work for the strategy was to bring in additional funding and
in the final month of the year the partners along with an external education charity secured another £1.4m
across four projects of which Actes Trust is the lead for one. The charity continued to be part of the final
Multiply contract as part of the UK Prosperity Fund along with delivering training funded by the local
council. Working alongside the local university the charity was successful in securing a fully funded intern
to support research and completing consultations with community groups to support funding bids.
Investments continued to be volatile throughout the year, but income received was on target at 4 %.
The operating deficit for the year was £295,078 which was an increase of 17010 compared with 2023-24.
There was a decrease in the market value of the multi charity investment of £20,562 as at the year end
and the loss on the sale of the investment properties of £56,915. Therefore, total reserves have reduced
by £372,555.
The overall financial position remains strong with a mix of unrestricted reserves and capital assets.
14

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES. REPORT(continued)
YEAR ENDED 31 March 2025
Reserves Policy
Due to the changes in income streams and the higher levels of risk that the charity now faces Actes Trust
have set the minimum level of reserves to £600,000. This is significantly less than the current level of
unrestricted reserves which will reduce over the next 3 to 5 years as Actes Trust continues to work towards
sustainability. Reserves will be used to continue the furtherance of the charity's objectives during times
when the funding streams of the charity are not ￿rtain or when the income levels fall significantly.
At the 31" March 2025, total reserves held were £3,864,516 (2024 £4,234,071). Of this amount £1,756,551
(2024 £1,884,028) was restricted capital funds. The balance of unrestricted reserves £2,107,965 (2024
£2,353,043) comprise of designated funds of £230,698 (2024 £272,000), free reserves of £1,463,531
(2024 £1,105,453) which includes the revaluation reseNe £42,999 <2024 £244,850), and £413,736 (2024
£975,590) relating to fixed assets.
Investments
The charity's investment policy requires the board to consider whether any reserves held are freely
available to invest in areas that will create a return to assist with the furtherance of the charity's objectives.
The board considers the suitability and diversification of any potential investments to ensure that the failure
of one investment or institution does not have a major impact on the charity. The market value of the
investment in shares is reflected in the charity's annual accounts with any movement recorded in the
revaluation reserve. The board seeks professional advice when considering selecting or disposing of
investments where they do not have the expertise to do so themselves. Any one investment should not
represent more than 20 % of the overall value of the Investment Funds, or 50 % in the case of collective
funds. A balanced approach bet￿een income and capital is adopted.
The charity's investment objectives are to maintain the capital value of the investment fund at least in line
with inflation, with a profile of no higher than a medium risk. The term of the investment is viewed by the
board as being on a medium to long term basis, but if required the investment will be easily accessible to
pay for the annual expenses of managing the charity if needed. The board requires that the funds will not
have any direct exposure to tobacco related investments. The board receive an update from the investment
manager reviewing its performance on a quarterly basis and in addition to this rf there is major market
change.
During 2024-25 the charity made withdrawals from the investment totalling £52,589. This was used to fund
some major renewals at both centres in relation to heating systems costing £15,000, the relocation of the
IT Suite to Acklam Green Centre costing £4,000 and the balance to assist with cashflow. There were also
2 deposits made during the year taken from the proceeds of the sale of the investment properties after
costs of £419,000. After taking this into account the performance of the investments in 2024-25 has seen
a decrease in the funds market value of £20,562. The year-end position is £1.45m. The income received
during the year was £46,509 which has been used to further the charity's overall objectives.

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES. REPORT(continued)
YEAR ENDED 31 March 2025
Key Risk and Uncertainties
The board recognise that the charity operates in an area which has a degree of uncertainty. Nationally,
welfare reform, and the contraction of public services and budgets continue to have a major impact on the
way that the charity operates. The implementation ofthe Prosperity Fund which replaced European funding
was significantly less and has impacted on the charity's key delivery of services, due to the reduced
opportunities. As former public seNices are contracted out, they are commissioned in such a way that
staff, TUPE obligations and delivery risks are transferred to potential suppliers. This is combined with the
requirement for potential suppliers to demonstrate a strong track record in service areas and to meet high
financial thresholds to pass contract eligibility criteria. This has presented barriers for market entry into
new areas. Actes Trusts approach to overcoming this is to develop and renew strategic partnerships or
consortiums to pool experience and resources, and by doing so, be able to access alternative funding
opportunities and other contracts.
Plans for the Future
Actes Trust has agreed the following Strategic Objectives to be achieved by March 2028.
1. Actes Trust will be a sustainable and thriving charitable company by delivering services within the Tees
Valley area.
2. Actes Trust will build its reputation, brand and relationships with new clients and customers to expand
its range of services that adds value to its core deliverables.
3. Actes Trust aims to be recognised for providing high quality, best value seNices and facilities to meet
its stakeholder needs.
4. To be an employer of choice evidenced by a commitment to continuous staff development, increased
employee motivation, well-being and retention.
5. Actes Trust will ensure its data processing, storage and technology keeps in line with current digital
transformation to remain competitive within the sector.
6. Actes Trust will reduce its carbon footprint to recognise and reduce the impact of climate change.
Achieving these objectives will be our key to long term sustainability and success. The Board however
recognise that the effects of the availability and competitiveness of funding is likely to have an impact on
these timescales. The annual business plan which sets out how these objectives will be achieved is
reviewed mid and full term by the board.
Actes Trust continues to explore grant and partnership opportunities and tender for funding to facilitate
change. It has developed strong working relationships with a wide range of partners including DWP, local
authorities, Public Health, The National Lottery Community Fund, Universities and Colleges, and other
charitable and voluntary organisations and will continue to explore new beneficial relationships.
During 2024125 Actes Trust continued to explore new connections and to position itself with other strategic
partners through key groups such as Middlesbrough's Children's Trust, Middlesbrough's Young Persons
Health and Wellbeing Board, Middlesbrough's Financial Inclusion Group, Catalyst Stockton, Borderlands
and Stockton Climate Action Ne￿ork.
Actes Trust has a range of accredited and non-accredited programmes, focussed on specific needs, or
required areas of support. We continue to concentrate on exploring access to DWP'S and other
government bodies various portals with the access funding available to be able to deliver these
programmes.

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES, REPORTfcontinued)
YEAR ENDED 31 March 2025
Plans for the Future {continued)
Building upon its strengths Actes Trust has established its business model to encompass three key areas
of activity which it has classified into independent Business Units. These Units are-
1. Client Led Services- which consolidates the delivery of coaching, information, advice and guidance,
training, support and case management services to young people and adults. Funded through a
mix of grant support and fee income, services in this Unit will change over time in response to
social needs.
2. Facilities- which comprises the Acklam Green Centre, Resource Centre, and currently 1 lettable
house in the western corridor of Middlesbrough, funded through room and space hire, catering and
events, longlshort-term leases and rental income.
3. Management and Administration,. this Unit includes all governance and management systems, core
organisational functions, and all activities in relation to 99 Acklam Road. It is funded by income
from the Facilities and Client Led Services business units and reserves.
Structuring the business in this way enables similar activities to be grouped together. This enables
efficiencies to be introduced throughout the charity by the adoption of common and consistent practices.
Our ambitions for these Units are that by March 2028..
1. Client led services will continue to develop in response to social priorities, opportunities and
client needs and deliver to a high standard in appropriate settings. Developing robust
partnerships across the sectors.
2. Our facilities, Acklam Green Centre and Resource Centre, will be sustainable independently
and collectively, returning operational surpluses to be reinvested into our charitable objectives
delivered through our client led services, and the disposal of the remaining house is complete.
3. Our management and administration costs will be streamlined and fully recoverable through
the preceding business units.
4. Our staff are well trained and competent to deliver across all business units.
Collectively, these ambitions complement the strategic objectives for the charity and achieving these will
enable our strategic objectives to be met. To measure our progress towards achieving these we have
introduced a series of Key Performance Indicators (KPIS) across each Unit to demonstrate how progress
is being made. The methods we will employ to achieve these objectives will be described in further detail
in the annual Business Plan.
17

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES, REPORT(continued)
YEAR ENDED 31 March 2025
Trustees, Responsibilities
The trustees (who are also directors of the Trust for the purposes of company law) are responsible for
preparing the Trustees, Report and the financial staternents 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 the year. In
preparing these financial statements, the trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP 2019 (FRS102);
make judgements and estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards have been followed, subject to
any material departures disclosed 8nd explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is
inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper 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.
The trustees are responsible for the maintenance and integrity of the corporate and financial information
included on the charitable company's website. Legislation in the United Kingdom governing the
preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
THE TRUSTEES. REPORT(¢ontlnugd)
YEAR ENDED 31 March 2025
ststement of disclosure of Information to audltors
We, the directors of the company who held office at the date of approval of these Financial Statements,
as set out above, each confirm so far as we are aware, that..
there is no relevant audit information of which the company's auditors are unaware., and
we have taken all the steps that we ought to have taken as directors in order to make ourselves
aware of any relevant audit information and to establish that the company's auditors are aware of
that information.
This report has been prepared having taken advantage of the small companies exemption in the
companies act 2006.
Registered office:
Signed by order of the trustees
99 Acklam Road
Middlesbrough
TS5 SHR
Geoff Payne
Chair of the Board of Trustees
Approved by the trustees on 24th November 2025

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
ACTES TRUST
YEAR ENDED 31 March 2025
Opinion
We have audited the financial statements of Actes Trust (the 'charitable company,) for the year ended 31
March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow
Statement and notes to the financial statements, including a summary of significant accounting policies.
The financial reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland,.
In our opinion the financial statements..
give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and
of its incoming resources and application of resources, including its income and expenditure, for
the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable
in the UK and Republic of Ireland and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditors,
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company in accordance with the ethical requirements that are relevant to our audit of the
financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis
of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events
or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability
to continue as a going concern for a period of at least ￿e1ve months from when the financial statements
are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in
the relevant sections of this report
20

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
ACTES TRUST (contlnued)
YEAR ENDED 31 March 2025
Other Information
The trustees are responsible for the other information. The other information comprises the information
included in the Annual Report, other than the financial statements and our Report of the Independent
Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent
otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information
and, in doing so, consider whether the other information is materially inconsistent with the financial
statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we
identify such material inconsistencies or apparent material misstatements, we are required to determine
whether this gives rise to a material misstatement in the financial statements themselves. If, based on the
work we have performed, we conclude that there is a material misstatement of this other information, we
are required to report that fact. We have nothing to report in this regard.
Matters on whlch we are required to report by exceptlon
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports)
Regulations 2008 requires us to report to you if, in our opinion:
the information given in the Report of the Trustees is inconsistent in any material
respect with the financial statements., or
the charitable company has not kept adequate accounting records. or
the financial statements are not in agreement with the accounting records and returns., or
we have not received all the information and explanations we require for our audit.
21

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
ACTES TRUST (¢onllnued)
FOR THE YEAR ENDED 31ST MARCH 2025
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the
directors of the charitable company for the purposes of company law) are responsible for the preparation
of the financial statements and for being satisfied that they give a true and fair view, and for such internal
control as the trustees determine is necessary to enable the preparation of financial statements that are
free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's
ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using
the going concern basis of accounting unless the trustees either intend to liquidate the charitable company
or to cease operations, or have no realistic alternative but to do so.
Our responslbilities for the audit of the flnanclal statements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance
with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent
Auditors that includes our opinion. Reasonable assurance is a high level of assurance but is not a
guarantee Ihat an audit conducted in accordance with ISAS (UK) will always detect a material misstatement
when it exists. Misstatements can arise from fraud or error and are considered material if, individually or
in the aggregate, they could reasonably be expected to influence the economic decisions of users taken
on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities,
including fraud is detailed below.
Based on our understanding of the charity, we have considered applicable laws and regulations which
may be fundamental to the charity's ability to operate or to avoid a material penalty, and we considered
the extent to which non-compliance might have a material effect on the financial statements. We
considered management's incentives and opportunities for fraudulent manipulation of the financial
statements (including the risk of override of controls), and determined that the principal risks were related
to the posting of inappropriate manual journal entries to manipulate financial performance, management
bias in significant accounting estimates and any significant one-off or unusual transactions.
We discussed among the audit engagement team the opportunrties and incentives that may exist within
the organisation for fraud and how and where fraud might occur in the financial statements.
22

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
ACTES TRUST {¢ofttinued)
FOR THE YEAR ENDED 31ST MARCH 2025
Auditors. responsibilities for the audit of the financial statements (continued
Audit procedures performed by the engagement team included..
Enquiry of management and those charged with governance around actual and potential
litigation and claims.
Enquiry of entity staff to identify any instances of non-compliance with laws and regulations.
Reviewing minutes of meetings of those charged with governance.
Reviewing financial statement disclosures and testing to supporting documentation to assess
compliance with applicable laws and regulations.
Auditing the risk of management override of controls, including through testing journal entries
and other adjustments for appropriateness, and evaluating the business rationale of significant
transactions outside the normal course of business.
Challenging estimates and judgements made by management in their significant accounting
estimates.
Revenue recognition; agreeing a sample of revenue transactions to gain assurance over the
occurrence and accuracy of revenue and also to ensure revenue has been recognised in the
correct period.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities,
including those leading to a material misstatement in the financial statements or non-compliance with
regulation. The risk increases the more that compliance with a law or regulation is removed from the events
and transactions reflected in the financial statements, as we will be less likely to become aware of
instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather
than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the
Financial Reporting Council's website at www.frc.org.uklauditorsresponsibilities. This description forms
part of our Report of the Independent Auditors.
23

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
ACTES TRUST (conlinued)
FOR THE YEAR ENDED 31ST MARCH 2025
Use of our report
This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of
the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we
might state to the charitable company's trustees those matters we are required to state to them in an
auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or
assume responsibility to anyone other than the charitable company and the charitable company's trustees
as a body, for our audit work, for this report, or for th
opinions we have formed.
for and on behalf of Anderson Barrowcliff Limited
Statutory Auditors
Chartered Accountants
Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006
3 Kingfisher Court
Bowesfield Park
Stockton on Tees
TS18 3EX
Date..
l)b
24

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME & EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31ST MARCH 2025
Unre$tlcted Restricted
Funds
Funds
Capital
Funds
Total
2025
Totsl
2024
Income from:
Donations and legacles
Donations
53
Income from Charltable a¢tlvltles
Grants reCeI￿d
Income from other tradlng actI￿tI88
Lty'mties for generab'ng funds
Income from Investments
Interest receiwdble and similar inGom8
Rental incom&
143,176
143,176
166.735
2b
406,200
406,200
404.563
60,304
50,273
60.304
50.273
65,813
40,952
Other Incomè
Other Income
5,665
5.665
3,831
Total Inco￿
522,447
143,176
666,623
681,947
Expenditure:
Expendlture on Ralslng funds
Exp8ndlture on Invèstmont Management
Expendlture on Charltablfr Actlvltle8
395.679
12.386
281.490
395,679 373,658
12,386
15,097
552,636
544,314
143,176
127,970
Total expenditure
689,555
143,176
127,970
960,701
933,069
Net gainsl{lossesl on Investments
Net gainsl{lossesl on Investment proportles
Net Incon￿1{eXpenditure)
12
120.5621
56.915
1244.5851
120.5621
62,457
56,915
117,000
1127.970) (372,5551 1305.6651
12
Transfor Between Funds
12.14
14931
493
Net movement in funds
1245,0781
1127,477) (372,555} 1305,6651
Re¢onclllatlon of funds:
Balance al 1" ￿¥11 2024
2.353.043
1,884,028 4,237,071 4,542,736
Balance al 31 March 2025
2.107,965
1.756,551 3,864,516 4.237,071
The notes on pages 29 10 41 fom part of these accounts.
25

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
AS AT 31 March 2025
Note
2025
2024
Fixed Assets
Tangible assets
Investment Propety
Investment - Schroders
1.871,954
298,333
1,446,443
3,616.730
2,246,618
613,000
1,100,594
3,960.212
Total Flxed Assets
Current Assets
Debtors
Cash al bank and in hand
36.351
340,598
376,949
33,211
326,589
359,800
Total Current Assets
Llabilltles
Creditors falling due within one year
10
{129.1631
182.9411
Net ¢urr8nt assets
247,786
276,859
Net Assets
3,864,516
4,237,071
The funds of the charlty:
Unrestrlcted Incorne funds
General Funds
12
1,834,268
230,698
42,999
2,107,965
1,836,193
272,OiXJ
244,850
2,353,043
Designated Funds
Revaluation Reserve
12
12
Totsl Unrestricted Funds
Restrlcted Income Funds
13
Restricted Capital Funds
14
1,758,551
1,884,028
Total Charlty funds
3,864,516
4,237,071
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006
for the year ended 31 March 2025.
The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an
audit of these financial statements.
The notes on pages 2910 41 form part of these accounts.
26

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
BALANCE SHEET (¢onllnued)
AS AT 31 March 2025
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386
and 387 of the Companies Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the
charitable company as at the end of each financial year and of its surplus or deficit for each
financial year in accordance with the requirements of Sections 394 and 395 and which
othe￿iSe comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the charitable company.
{b)
These financial statements have been audited under the requirements of Section 145 of the Charities Act
2011.
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 on 24
November 2025 and were signed on its behalf by:
Geoff Payne- Trustee
Sharon Stuttard - Trustee
Company Number- 04345294
The notes on pages 29 10 41 form part of thèse accounts.
27

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
STATEMENT OF CASH FLOWS
YEAR ENDED 31 March 2025
Note
2025
2024
Ca$h flows from operallng activities;
Net cash provlded by (used In) operatlng actlvltles
18
(218,7831
(228,709)
Cash flows from investing actlvitles:
Dimdends, Interest and rents from in￿stMents
pro￿ed5 from the sale of inveslmentpropety
Purchase of property, plant and equlpment
Proceeds from disposal ofin￿Strnénts
Purchase ofIn￿strnents
110,577
491,085
{2,4591
52,589
1419.000)
106.765
1287,8111
338,727
Ngt cash provlded by (used In) investlng activities
232,792
157.681
Increasè Idècrèa8e) In cash and cash equlvalonts In tho year
14,009
171,0281
Cash and cash equiKplents at the beginning of the yaar
326,589
397,617
Totsl cash and ¢a8h equlvalents at th8 end ofthe year
19
340,598
326,589
The notes on pages 29 to 41 fomi part of these accounts.
28

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 March 2025
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
General information and basis of preparation
Actes Trust is a private company limited by guarantee in England I Wales. In the event of the charity being
wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address
of the registered office is given in the charity information on page 3 of these financial statements. The
nature of the charity's operations and principal activities are the provision of recreational facilities, room
hire and catering, rental of investment properties and client led services.
The charity constitutes a public benefit entity as defined by FRS 102. 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, the Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland {FRS 102), the Charities Act 2011, the
Companies Act 2006 and UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention,
modified to include certain items at fair value. The financial statements are presented in sterling which is
the functional currency of the charity. The significant accounting policies applied in the preparation of these
financial statements are set out below. These policies have been consistently applied to all years
presented unless otherwise stated.
Income recognltlon
All incoming resources are included in the Statement of Financial Activities {SoFA) when the charity is
legally entitled to the income after any performance conditions have been met, the amount can be
measured reliably, and it is probable that the income will be received.
For donations to be recognised the charity will have been notified of the amounts and the settlement date
in writing. If there are conditions attached to the donation and this requires a level of performance before
entillement can be obtained, then income is deferred until those conditions are fully met or the fulfilment
of those conditions is within the control of the charity, and it is probable that they will be fulfilled.
No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102).
Income from government and other grants are recognised at fair value when the charity has entitlement
after any performance conditions have been met, it is probable that the income will be received, and the
amount can be measured reliably. If entitlement is not met, then these amounts are deferred.
29

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 March 2025
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)
Going Concern
The financial statements have been prepared on a going concern basis as the trustees believe that no
material uncertainties currently exist. The trustees have considered the level of funds held and the
expected level of income and expenditure for 12 months from authorising these financial statements. The
budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to
continue as a going concern.
Expenditure recognition
All expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive
obligation to make payments to third parties, it is probable that the settlement will be required, and the
amount of the obligation can be measured reliably.
Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered,
this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation
that the recipient will receive the grants. Where grants are conditional relating to performance then the
grant is only accrued when any unfulfilled conditions are outside of the control of the charity.
Fixed assets
All fixed assets are initially recorded at purchase cost plus the costs of any directly attributable expenditure.
Depreclatlon
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the
useful economic life of that asset as follows:
Property
Investment Property
Football Pitches
Equipment
Vehicles
50 years straight line
No Depreciation
25 years straight line
4 years straight line
10 years straight line
30

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 March 2025
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES {continued)
Investments
The Multi Asset Investment is stated at market value at the balance sheet date. Market Value best
represents a true and fair view of the value of these assets to the charity. The market value is obtained
from Cazenove Capital.
The SOFA includes net gains and losses arising on revaluations and disposals throughout the year.
Investment Propertles
Investment properties are measured at fair value at each reporting date with changes in fair value
recognised in the SOFA.
Financlal Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the
assets of the entity after deducting all of its financial liabilities.
Debtors and creditors receivable I payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded
at transaction price. Any losses arising from impairment are recognised in expenditure.
Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of
one year or less from the date of acquisition or opening of the deposit or similar account.
Taxation
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is
considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets
the definition of a charitable company for UK corporation tax purposes.
Fund Accountlng
General funds are unrestricted funds that are available for use at the discretion of the trustees in
furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that
have been set aside by the trustees for particular purposes. The aim and use of each designated fund
is set out in the notes to the financial statements. The capital fund identifies the funds available for
restricted fixed assets. Restricted funds are those which can only be used in accordance with the wishes
of the donor.

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 March 2025
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)
Penslon Contributions
The charitable company operates a Personal Pension Scheme for the benefit of its own staff. Pension
contributions to defined contribution schemes are written off to the statement of financial activities in the
year to which they relate.
Transfer between Funds
The transfer between Capital funds and unrestricted funds represents movements in fixed assets.
Irrecoverable VAT
Irrecoverable VAT arising from partial exemption is shown as a separate item and included in resources
expended in the year in which it arises.
Judgements and key sources of estimatlon uncertalnty
There are no judgements (apart from those involving estimates) that have had a significant effect on
amounts recognised in the financial statements-
The estimates and assumptions that could have a significant potential impact on the carrying values of
assets and liabilities are as follows..
(a) Useful economic lives of tangible fixed assets. These are set out in the depreciation policy note
above and are the best estimate based on past experience and expected performance.
(b) Valuation of investment properties. Independent professional valuations are obtained every five
years and the Board considers whether this valuation is likely to have significantly changed in the
intervening years.

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 March 2025
Income from charitable activities
2a GRAKfs RECEIVABLE
2025
2024
National Lottery Community- Climate Action Fund
National Lottery Community- Help Through Crisis Fund
The National Lottery Community- Awards For Al
The National Lottery Community Fund - Reaching Communib'es
European Social Fund Youth Employment Initiative
Tees Valley Combined Authority- Multiply Fund
DWP- Access To work
Middlesbrough Council
Other Grants
100,366
82,404
19,312
9.826
12,085
6,088
37,288
2,400
1,834
11,100
2,571
6,000
17.196
1,441
143,176
166,735
The grants received were the only reslricled Income received in 2025 and 2024.
Income from other trading activities
2b ACTIVITIES FOR GENERATING FUNDS
2025
2024
Facilities - Room Hire
Facilities Office Rental
Facilities - Café & Calenn9
Facilities Sports Pitch Hire
Facilities Other Income
Client Led SeNices - Benefit Take Up Campaign
178,878
60.831
85,005
69,820
11,666
189,338
47.658
83,269
63,590
2,813
17.895
406,200
404,563
The £404,563 from 2024 was all unrestricted funds.
33

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 March 2025
3 RESOURCES EXPENDED
Generating Investment Charitable Governance
Funds
Management Activities
Costs
Total
2025
Direct costs Other
Direct costs Staffing
Administration costs
Staffing and related costs
Audit and related costs
Depreciation
Irrecoverable VAT
88.752
206,507
86,759
13.661
9.301
18,407
93,842
44,162
211,119
116,460
300.933
133,544
228,984
8,650
143,790
28.340
2,501
122
4,204
8,650
143,790
28,340
Totsl 2025
395.679
12,386
539,660
12.976
960,701
Generating Investment Charltable Govemance
Funds
Management Activities
Costs
Totsl
2024
Direct costs Other
Direct costs Staffing
Adminislption ￿sts
Staffing and related Costs
Audit and related costs
Depreciation
Irrecoverable VAT
73,372
199,200
89,197
11,889
12,258
327
2,512
20,685
121,226
41.205
187,351
106,315
320,753
133.031
202.930
7,850
136,116
26,074
117
3,690
7,850
136,116
26.074
Total 2024
373,658
15,097
532,657
11,657
933,069
The £933,069 from 2024 comprises Unreslricled funds £646,758, Restrictèd Funds £166,735 and Capital fijnds £119,578.
4 NEf OUTGOING RESOURCES FOR THEYEAR
Net oulgoing resources for the year is slated after charginglcrediting..
2025
2024
Direclors'lTTUStees' emoluments
Depreciation of owned fixed assets
Unrealised GainllLossl on Investments
Audilo¢s remurlerats'on
143,790
{20,562)
136,116
62,457
as auditor
8,650
7,8SO

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 March 2025
S ANALYSIS OF STAFF NUMBER AND COSTS, TRUSTEE REMUNERATION AND EXPENSES, AND THE COST OF KEY
MANAWENT PERSONNEL
The a￿rage monthly head count was 22 staff12024. 231 and the a￿rage num ber of fijll lime equivalent
employaes and workers (including casual and part-b'mel during the sear were as follows.,
2025
2024
Number of administrati￿ staff
Number ofmanagementstsff
15
16
17
18
The aggregate payToII costs ofth8 abo* were,,
2025
2024
Wages and salaries
Social Security costs
Em plo5ers Pension Contribubons
477,588
35,572
11,807
475,030
33,504
11N73
524,967
520,007
There were no emplosees who receivad emplope benefits more than £60.000 during the report¢'ng period
{2024.'Nonel.
The charity Irusleès wère not paid or receiv&d any other benefits during the ￿aT12024.'£nI1>, no board members
were reim bur5ed for ewens8s during the ￿arI2024,'£nI11.
The key management personnel of the charitable com pany com pris8 the senior188m as listed on page 3. The
total amount of key management personnel benefits (including em pl0￿r pension conlributionsl receiv&d by key
m anagemenl personnel for their seNr*s to the charitsble companywas £110,76512024.' £109,569)
TAXATION
The Trust is e￿Mpt from Corporation Tax on its charitable actimts'es and the Board believa that no liability has
arisen during the year.
35

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 March 2025
7 TANCIBLE FIXED ASs￿s
Freehold
Property
Leasehold
Property Equlpment
Vehlcles
Totsl
COST
Al 14)ril 2024
Pddits'ons
Transfer lo Invastment Properties
1,054,526 4,025A83
493
57,271
1,966
9,963
5,147,243
2.459
(832,4061
(832.406)
At 31 March 2025
222,120
4,025,976
59,237
9.963 4,317,296
DEPRECIATION
At 14)ril 2024
Charge for the year
Eliminated on transfer to Invaslmenl
Properb'es
704,226 2,141.455
10,517
127.970
52,702
4,306
2,242
997
2,900,625
143,790
1599,0731
{599,073)
At 31 March 2025
115,670
2,269,425
67,008
3.239 2,445,342
NEf BOOK VALUE
31 March 2025
106AS0 1,766,551
2,229
,724
1,871,954
At 31 March 2024
350,300
1,884,028
4.569
7.721
2,246,618
At the balance sheet date, the charitable company had ¢ontracl8d with 18nants for the following fvlure minimum
lease paynents,,
2025
2024
Within one sear
30,000
30,000
36

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 March 2025
INVESTMENTS
Multi Asset Investment
Cazenove
Properties
Total
Market Value
At 1 April 2024
Additions
Disposals
GainslLosses
Transfer from Freehold Property
1,100.594
1.713,594
419,000
419.000
152.589) 1548,000) {600,589)
120,5621
{20,5621
233,333
613.000
233,333
At 31 March 2025
1,446,443
298,333
1,744,776
The Mulli-Asset investment is held primarily lo provide an investment return for the charity. 11 is slated al Fair
Value as at the Balan￿ Sheet date During the year there has been additons of £419,000, disposals of £52,589
and a loss of £20,562. Seven out of the eight investment properties were sold during the year decreasing the
portfolio by £548,000. The value of the remaining property is based on an average of similar properties already
sold and will marketed for sale in the next 12 months. The transfer from Freehold Property lo Investment
properties relates lo the transfer of the Resour￿ Centre from fixed assets al fair value. It is leased for five years
with an annual break dause on the 30th July each year.
Al the balance sheet dale. the charitable company had contracted with tenants for the following future minimum
lease payments..
2025
2024
Within one year
45.000
11 investment propert18s had not been rèvalued they would have bèen included al the following
historical cost..
2025
2024
Cost
857,406
466,430
Depreciation and Impairments
602,073
98,280
DEBTORS
2025
2024
Trade Debtors
Prepayments and accrued income
25,150
11,201
18,270
14,941
36.351
33.211
37

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 March 2025
10 CREDITORS: Amounts falllng due within one yèar
2025
2024
Trade Creditors
Other tay8lion and social security
Other creditors
Accruals and deferred income
11.846
23.089
8,215
86,013
15,631
19,093
12,048
36,169
129,163
82,941
Included within accruals and defered incom e is defered income amounting to £61,228 ofwhich
£39,693 relates lo grant income and £21,535 for rent and facilits'es income relating lo fijlure
periods.
11 AMALYSIS OF NEf ASSEfs BEfwEEN RINDS
Unrestrl¢ted Capltal
Total 2025
Fixed Assets
In￿$tr￿ents - Properbes
Inkestsnents - Other
Net Current Assets
11 S.403 1.766,SS1
298.333
1,446,443
247,786
1,871,954
298,333
1,446,443
247,786
2,107,965 1,756.551
3,864,516
Unrestrlctod Capltal
Total 2024
Fixed Asse
Invèstments - Properties
In￿Stments - Other
Nel Current Assets
362,590 1,884,028 2,246,618
613,000
613,000
1,100,694
1,100,594
276,859
276,869
2,353,043
1,884,028
4,237,071
38

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 March 2025
12 UNRESTRICTED FUNDS
2025
2024
Balance brought forward
Nel Resources Expended before Investment Revaluations
GainllLoss} on investments
Transfers tollfroml Revaluation ResèNe
Transfer tollfroml Designated Fund
Transfer to Capital Funds
1.836.193
1.865.523
1167,1081 {131,5441
{20.562)
62.457
144,936
26,600
41,302
302,717
{493) 1289,5601
Balance carried forward
1,834,268
1,836,193
DESIGNATED FUNDS
2025
2024
Sports Pitohes
Acklam Green Centre
Resource Centre
Houses
Redundancies
Disposals - Legal Fees
63,698
125,000
25,000
2,000
10,000
5,000
47,000
126,000
36,000
20,000
10,000
35,000
230,698
272,000
REVALUATION RESERVE
2025
2024
Balance brought forward
Unrealised GainllLossl on Inveslmènl Pioperties
Transfer to unrestricted res8rv8S
244,850
388,450
(56,9151 {117,0001
1144,9361
(26,6001
Balance Garried forward
42,999
244,850
TOTAL OF UNRESTRICTED FUNDS
2,107,965
2,353,043
In the prior year the transfer from unrestricted funds to capital funds relates to the cost of resurfacing the 3G
Sports Pitches.
Oesignaled funds comprise unrestricted fvnds that have been sel aside by the trustees for s specific purpose.
These funds have been sel up lo allow replacement of andlor major repairs lo the charity's fixed assets. Where
deemed necessary by the Iruslees the fund is increased each year as the as5els depreciate. The designated
funds also include one-off provisions for unexpected redundancies and legal fees. The expected timing of this
expenditure is to three years.
The revaluation reserve felates to the gains on the market value of the investrnent properties.
39

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 March 2025
13 RESTRICTED FUNDS
2025
2024
Balance brought forward
Funds received in year
Expendilure in year
143,176
166,735
1143,1761 {166,735)
Balance carried forward
14 CAPITAL FUNDS
2025
2024
Balance brought forwa¥d
Depreciation
Transfer fromllo Unr8stricled Funds
1,884,028
1,714,046
1127,970) (119,578)
493
289,560
Balance carried fomard
1,706,551
1.884,028
After an annual review the Board considers that the restrictions ol these assets is still in place. The balance
carried forward represents the Acklam Green Centre and Sports Pitches.
15 COMPANY LIMITED BY GUARANTEE
The company is limited by guarantèe and does not have a shar8 capital.
16 RELATED PARTY TRANSACTIONS
Helen Dudiak is a trustee of Tees Valley Education of which hired facilities from Actes Trust amounting lo £1,251.
17 CAPITAL COMMITMENTS
The Trust had no contractual commitments to future capital expenditure at the year end.
40

ACTES TRUST
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 March 2025
18 RECONCILIATION OF NEf INCOMEIIEXPENDITURE) TO NEf CASH FLOW FROM OPERATINGACTIVITIES
2025
2024
Net Incomollexpenditure for the reporting porlod
(a8 per the ststement of financlal activities)
(372.555) {305.6651
Adjustments for:
Depreciation charges
IGainsllLosses on invastrnents
IGainsllLosses on revaluation of Fixed A8sets
Dimdends, interest and rents from in￿stments
Lossllprofitl on the salè of inkestmenl properties
Ilncreaselldecrease in debtors
In¢reasèlldecreasel in creditors
Net ca8h provlded by (u8ed Sn) oporatlng a¢tivitles
143,790
20,562
136.116
162.4571
117.000
1110,5771 1106,7651
56,915
(3,1401
46,222
218,783
46,124
52.062
228,709
19 ANALYSIS OF CASH AND CASH EQUNALEMrs
2025
2024
Cash al bank and in hand
Notice depos its Iless than 3 m onthsl
Total cash and ¢agh equivalènts
170,598
170,000
340,598
156,589
170.000
326,589
20 COMMITMEKfs UNDER OPERATING LEASES
At 31 March 2025, the totsl m inim um lease pa￿￿entS under non-cancellable opèrating leases were as follow5.'
2025
2024
ounts due within one ￿ar
knounts due ovar one ￿ar
2,556
3,750
6.306
2,916
6A85
9,401
41