Charity reglstration number 1123401
Company reglstrdtion number 05758480 (England and Wales)
APPLECAST LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

APPLECAST LTD
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr J K Hodges
Mrs N Hennessy
MrRKSage
Mr W Ha￿lSOn
Mr G 8ond
Mr G Doubleday
Mrs L Wocmj
Charlty number
1123401
Company number
05758480
Princlpal address
Eco Centre
Cobbs Brow Lane
Newburgh
Wigan
Lancashi
Vth18 7SF
Reglstered office
Eco Centre
Cobbs Brow Lane
Newburgh
Wigan
Lancashire
VIN8 7SF

APPLECAST LTD
CONTENTS
Page
Trustees report
Independent examinerfs report
Statement of financial activities
Balance sheet
Statement of cash fl¢)WS
Notes to the financial statements
9-18

APPLECAST LTD
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual ￿pOrt and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's governing document. the Companies Act 2006 and "Accounting
and Reporting by Charities.. Statement of Recommended Practi￿ applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective
1 January 2019)"
Objectives and actlvities
The objects of this project as defined in our Artides of Association are..
To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time
occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability,
financial hardship or social circumstsnces with the object of Imp￿VIng their conditions of life and developing their
mentsl health, physical and mordl capabilities.
To promote education and provide training in s￿h ways as the Trustees think fft, induding {but VAthout prejudice to
the generality of the foregoing) the provision of training to develop vocational skills relating to agriculture, famiing.
horticulture and animal husbandry.
To assist in such ways as the trustees think fit any organisation whose aims indude advancing education by
developing their mental, physical and moral capabilities through leisure ts'me activities.
The trustees have paid due regard to guidance issued by the Charty Commission in deciding what activities the
charity should undertake.

APPLECAST LTD
TRUSTEES REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Achlevements and performance
Over the last y8ar we have continued to grow as an 8ducats.onal and therapeutic provider for both adults and young
people.
We ¢onstanUy have a waiting list for young people to participate in rJJr angling and animal care projects. We have
capped
our
numbers of
service
users
at 90 for young peorAe and 70 for adults.
Due to the demand for pla￿S in our adult Se¢l￿n we have InC￿ased our staffing levels to 811ow a sleady increase in
numbers
bLrt
maintaining
quality.
We are expanding cwr offer with more hands on sessions offering a wider variety to meet the needs of all adults to
reach their full potential.
We are proud lo continue our success with an 87Vo average in attendance, 100% completed unit qualification and
75°h completing full qualificats'on.
We continued our work with Northstone completlng tsvo ￿urSeS
in
sustainable construcllon.
These went very well with a 1 OOVO pass rate for all students that attended. Northstone have also continued to supply
the charity with surplus materials from our loca construction sites. This is a valuable asset to the charity as this
allows young people to create disable projects that breeds confidence and self*sleem lo reach their full potential.
We also continu8d our partnership with HEMSEC manufaciures of Structural Insulated Panels. With this continued
support and help from HEMSEC we have constructed all new shelters from SIP panels. This will ensure more
warmth and dry sh8lt8rs for the animals over the winter period. Hemsec have also offered to supply the panels for
the new community hub at ¢ost which will have a positive impact on completion of the project.
Our Short Term Placement (Lakeview Lodge) had its Third visit from OFSTED. We again received GOOD in all
areas. One of the areas that impressed OFSTED was the retention of staff from the last two visit. We are in the
process
of
setting
lodge
Iwo
up
for
earfy
2026
opening.
We feèl the work we complete ￿1th1n the home is providing a plaffomi for all ref8ffals to take the next step in thelr
journey with positive outcomes up to date.
We again completed our Halloween. Summer Festival and Christmas events. All events where well attended with
record
numbers
over
the
summer
event.
We always rnn the summer event in partnership with V*tigan Council to rais8 awareness for the n88d of fostering
families.
This year 67 people showed interest with 33 taking up training and 2 succ8ssful foster caring families creat8d.
We are very proud of this as over the last four year5 we have developed 10 families who are now offerfng caring
hom8 for young people in care.
Flnan¢lal r•vlow
Th8 Charity are presenting th8 Financial Statements for the year ended 31st March 2025.The resulls show a
surplus of £59.773 which is a Ixedit to the hard work of all concemed.
Ouring the period the Charity received various restricted grants and donations totalling £11,2LY)
The donations include..
HAF Fur)ding £11,200
Edward Gosling has donatsd £125,000 unrestrict8d funds in the year ended 31st March 2023 but this is bging
spread out over 5 years at £25,000 per year
The fundlng and income generated continues to allow the Charlty to improve the facilities on site ¥Mth more access
to the general public. This will continue to g8nerate surplus fvnds to improve the facilrties provided.

APPLECAST LTD
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Reserve8 Pollcy
It is the policy of the charity that unrestricted ￿ndS which have not been designated for a specific use should be
maintained at a level equivalent to between three and six month's expenditure. The trustees Considers that reserves
at this level wll ensure that. in the event of a significant drop in fijnding. they will be able to continue the Charity's
current activities while consideration is given to ways in which additional funds may be raised. This level of reserves
has been maintained throughout the year.
Free reserves for use by the Charity exdude any designated and restricted funds. The organisaticms current
reseNes policy allows that unrestricted funds Y￿11 atways equal at least £100,000.00 held in a separate bank
account in addition to the unrestricted net assets as shov#n on the balance sheet. This figure will be reviewed
annually by the trustees and takes into account the most re￿nt guidance issued by the Charities Commission
following the review carried out by them in January 2018. The Trustees accept fully that a consistent and sensible
approach to the reserves policy is a must and a good indication of proper and accurate financial stewardship
thereby contributing to the future viability of the organisation
T*e reserves policy also provides that this sum of
£100,000.00 can be used by the Charity to cater for timing differences on cash inflow as restricted funding is now
received in arrears when the project{s) that the funding relates to have been completed and commissioned. Such
use of the restricted funding will be subject to the Trustees ap
roval.
The trustees have assessed the major risks to which the charity is ex[￿sed. and are satisfied that systems are in
place to mitigate exposure to the major risks.
Plan8 for futuro periods
Last year we started our joumey to gain planning for a Community Hub and an independent school. On 27th
January we received full planning pe￿niSsion to start and create our vision.
The project as two key elements which are highlighted as short and medium term objectives. Both of these aims
have both financial and management implications to ensure a smooth and effective transition for the project.
Unlike generic community centres, the Hub will be built w.ith and for the people of Skelmersdale and surrounding
areas. Its programs will be are shaped through local consultation, ensuring it rellects real communty priorities.
Suggestions included toddler groups, SEND sessions, craft sessions, space for community activities and events,
alongside improved toilets and accessible paths.
We are due to start the development of the intemals to the school in Jan 2026 with possible opening 2027. We are
looking to start the Community Hub in April 2026 with possible opening Christmas 2026.
We have approached various funders to apply for funds to create our new Community Hub. All the designs are in
place and tenders have been located for estimates to complete the VA)rk.
We will continue with our altemative provision but on a much smaller scale with an improved education. We will still
use our practical session approach but link this to the nats'onal cu￿[CUluM to offer young people a more diverse way
to leam.
The work we complete with adults needs to offer 8 progression route showing the development of pr&tical and
ial skills. We need to create a platfomi to work towards supported employment and volunteering in the future.
Structurei govemance and management
The charity is a company limited by guarantee.
The amount of the guarantee is £1.00 per guaran.tor.
Applecast Limited is managed by the charity principal Mr Neil Famworth who is employed on a full time basis and
he is assisted by 21 full time with 4 kickstart staff. 3 part time stsff and 32 volunteers The staff assist Neil fully with
the overall running of the srte whilst the volunteer staff assist Neil vlith the development of the h)rticulture, indoor
angling, garden ￿ntre, fish breeding, workshops and general site maintenance.

APPLECAST LTD
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees, who are also the directors for the purpose of company law, and who seNed during the year and up to
the date of signature of the finanaal statements wore:
Mr J K Hodges
Mrs N Hennessy
MrRKSage
Mr W Harrison
Mr G Bond
Mr G Doubleday
Mrs L Wood
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and
guarantee to contribute £1 in the event of a winding up.
The Company's current policy ¢onceming the payment of trade creditors is to follow the CBI'S Prorry)t Payers Code
(Copies are available from the CBI. Centre Point, 103 Nlew Oxford Street. London WC1A 1 DU).
The company's current policy con￿mIng the payment of trade creditors is to..
settle the terms of payment with suppliers when agreeing the tems of each transaclion,"
• ensure that suppliers are made aware of the terms of payment by inclusion of the relevant temis in contracts,.
and
pay in accordance with the company's contractual and other legal obligations.
Trade creditors of the company at the year end were equivalent to 33 day's purchases, based on the average daily
amount invoiced by suppliers during the year.
The trustees report was approved by the Board of Trustees.
Mrs
Wood
Trustee
4 D8￿mber 2025

APPLECAST LTD
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF APPLECAST LTD
I report to the trustees on my examination of the financial statements of Applecast Ltd (the charty) for the year
ended 31 March 2025.
Responsibllftles and basis of report
As the trustees of the charity land also its directors for the purposes of company lawl you are responsible for the
preparation of the financial statements in accordance wrth the requirements of the Companies Act 20CE (the 2006
Act).
Having satisfied myself that the financial statements of the charity are not required to be auditej under Part 16 of
the 2006 Act and are eligible for independent examir,ation, I report in respect of my examination of the Charity's
financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my
examination I have followed all the applicable Directions given by the Charity Commission under section 145{51{bl
of the 2011 Act.
Indopend8nt examiners statement
Since the charity'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 l am qualified to undertake the examination because l am a member of , 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 that in any matenal respect..
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or
the financial statements do not accord viith those records" or
the financial statements 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 vthich is not a matter considered as part of an
independent examination., or
the financial statements have not been prepared in accordan￿ 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 tbe Financial Reporting Standard applicable in the UK anj
Republic of Ireland (FRS 102).
I have no COn￿mS 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 financial statements to be reached.
Dated.. 4 December 2025

APPLECAST LTD
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrfcted Restricted
funds
funds
2025
2025
Totsl Unrestricted Restrfcted
funds
funds
2024
2024
Total
2025
2024
Notes
Donations and legacies
Charitable activities
Other income
25,000
1,094,259
12,700
25,000
1.094,259
23.900
25,000
992,006
11,346
25,000
992,006
51,400
11,200
40,054
Totsl Income
1,131.959
11,200
1,143.159
1.028,352
40,054
1,068,406
Chantable activities
1,081,965
1,081.965
995,137
35,927
1,031,064
Net Income for the yearl
Net movement in funds
49,994
11,200
61,194
33,215
4,127
37.342
Fund balances at 1 April 2024
1,457,010
139,052
1,596,062
1.423,796
134,924
1.558,720
Fund balances at 31 March
2025
1,507,004
150,252
1.657,256
1,457.011
139,051
1,596.062
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account
under the Companies Act 2006.

APPLECAST LTD
BALANCE SHEET
ASAT31 MARCH 2025
2025
2024
Notes
Fixed assets
Tangible assels
1,169,280
1,156,690
Current assets
Stocks
Debtors
Cash at bank and in hand
10
11
7,286
278,389
310,083
5.550
200,647
350,800
595.758
Credltors: amounts falllng due withln
one year
556,997
12
(82.782)
(67,6251
Net Current assets
512,976
489,372
Total assets less current Ilabilitles
1,682.256
1,646,062
Credltors: amounts falling due after
more than one year
13
(25,000)
(50,000)
Net assets
1.657,256
1.598,062
Income funds
Restricted funds
Unrestricted funds
150.252
1,507,004
139,051
1.457.011
1.657,256
1,596.062
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of ts financial statements for the year in question in
accordance with section 476.
These financial statements have been prepared in accordan￿ with the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the Trustees on 4 De￿mber 2025
Mrs
Trustee
Company reglstratlon number 05758480

APPLECAST LTD
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operatlng actlvltles
Cash absorbed by operations
16
(5.909)
(17,948)
Investlng actlvltles
Purchase of tsngible fixed assets
(34,808)
{128,638)
Net cash used In Investing activities
(34,808)
(128,6361
Net cash used In financing activities
Net decrease In cash and cash equlvalents
(40,717)
(146,584)
Cash and cash equivalents at beginning of year
350,800
497.384
Cash and cash equivalents at end of year
310,083
350,800

APPLECAST LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng policies
Charlty Infomiation
Applecast Ltd is a private company limited by guarantee incorporated in England and VIPdles. The reg'stered
Offi￿ is Eco Centre, Cobbs Br(wi Lane, Newburgh. Wgan, Lancashire, M8 7SF.
1.1 Accountlng convention
The financial statements have been prepared in accordance ￿￿th the charity's [governing documenti, the
Companies Act 2006, FRS 102 -The Financial Reporting Standard applicable in the UK and Republic of
Ireland. I'FRS 102.) and the Charities SORP "Accounting and Reporting by Charities.. Statement ol
Recommended Practi￿ 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). The
charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, wh.ich is the fijnctional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared undef the historical cost convention. [modified to include the
revaluation of freehold properties and to include investment properties and certain financial instrLrnents at fair
valuel. The principal accounting policies adopted are set out below.
1.2 Golng concern
At the time of approving the financia5 statements, the trustees have a reasonable expectation that the charity
has adequate resources to continue in operational existence for the foreseeable fijture. Thus the tnBtees
continue to adopt the going concem basis of aCcoun￿'ng in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and
uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to sperific condibons by donors that the capital must be maintained by the
charity.
1.4 Income
Income is recognised vthen the charity is legally entitled to it after any perf0rrnan￿ conditions have been met,
the amounts can be measured reliably, and it is probable that income will be re￿ived.
Cash donations are reo)gnised on receipt. Other donations are recognised once the Charity has been notified
of the donation, unless perfomance conditions require deferral of the amount. Income tax recoverable in
relats'on to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or othepNise if the charity has been notified of an impending distribution,
the amount is known. and receipt is expected. If the amount is not known, the legacy is treated as
contingent a&8et.

APPLECAST LTD
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting pollcles
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of dIr￿t costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributalje to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activity are apportioned between those activities on a basis
consistent with the use. of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible flxed assets
Tangible fixed assets are initially measured at cost and sUbSequen￿Y measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to Write off the cost or valuation of assets less their residual values over their
useful lives on the following bases:
Freehold land and buildings
Plant and equipment
Fixtures and fittings
Motor vehicles
1 % Straight line
25% Reducing balance
25% Reduang balan
25% Reduang balan
The gain or loss arising on the disposal of an asset is determined as the difference between the sale prO￿edS
and the carying value of the asset. and is recognised in the statement of financial activities.
1.7 Impainnent of flxed assets
At each reporting end date, the charity reviews the carying arnounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impaiment loss. If any such indution
exists. the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss (if any).
1.8 Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost
comprises direct materials and, where applicable, direct labour costs and those overheads that have been
incurred in bringing the stocks to their present location and condition. Items held for distribution at no or
nominal consideration a￿ measured the lower Oi replacement cost and cost.
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be
incurred in marketing. selling and distribution.
1.9 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
10-

APPLECAST LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting pollcles
{Contlnued)
1.10 Financlal Instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial Instruments Issues. of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balan￿ sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognieed amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Basic financlal assets
Financial assets classified as other financial assets are ststed at fair value with any gains or bsses arising on
remeasurement recognised in profit or loss. The net gain or loss recognised in profft or loss indudes any
dividend or interest earned on the finanaal asset.
Other financial assets
Financial assets with fixed or determinable payments and fixed maturity dates that the charity has the positive
intent and ability to hold to maturity are dassified as held to maturity investments.
Held to matunty investments are measured at amortised cost using the effective interest method less any
impairment, with revenue recognised on an effective weld basis.
The effective interest method is a method of calculats'ng the amortised cost of a debt instrument and of
allocaling the interest income over the ￿levant period. The effective interest rate is the rate th* exactly
discounts estimated future cash receipts through the expected life of the debt instrument to the net carrying
amount on initial recognition.
Impairnient of financlal assets
Financial assets. other than those held at fair value through income and expenditure, are assessed for
indicators of impairment at each reporting date. Financial assets are impaired where there is objective
evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset,
the estimated future cash flows have been affectF*d.
If an asset is impaired, the impairment loss is the difference between the carrying amount and the present
value of the estimated cash flows discounted at the asset's original effective interest rate. The impairnient loss
is recognised in net incomel(expenditure) for the year.
If there is a decrease in the impairment loss arising from an event occurring after the impairment was
recognised, the impairment is reversed. The reversal is such that the current carrying amount does not
exceed what the carying amount would have been, had the impaiment not previously been recognised. The
impainnent reversal is recognised in net incomel(expenditure) for the year.
Derecognition of finaneial assets
Financial assets are derecognised only vthen the contractual rights to the cash flows from the asset expire or
are settled, or when the charity transfers ihe financial asset and substantially all the risks and rewards of
ownership to another entity, or if some significant risks and rewards of ownership are retained but control of
the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third paty.
11

APPLECAST LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng policies
Icontinued)
Basic financial liabilities
Basic financial liabilities. including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities Classified as payable
within one year a￿ not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course ol
operations from suppliers. Amounts payable are dassified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequentty measured at amortised cost using the effects've interest method.
Other financial Ilabilities
Derivatives, including interest rate g*vaps and for¥vard foreign exchange contracts, are not basic financial
instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into
and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised
in or in finance costs or finance income as appropriate. unless hedge accounting is applied and the hedge is
cash flow hedge.
Derecognition of financlal liabilitles
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in vthich the employee's services are
received.
Temiination benefits are re¢ognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide tennination benefits.
1.12 Retlrement beneflts
Payments to defined contritxrtion retirement benefit schemes are charged as an expense as they fall due.
1.13 Forelgn exchange
Transactions in cu￿encieS other than pounds sterting are recorded at the rates of exchange prevailing al the
dates of the transactions. At each reporting end date. monetary assets and liabilities that are denominated in
foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising
on translation in the perioj are included in profit or loss.
Critical accounting estimatss and judgements
In the application of the charitys accounting policies, the trustees are required to make judgements, estimates
and assumptions about the carying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results mai. differ from these estimates.
The estimates and undedying assumptions are review￿ on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects t￿lY that
period, or in the peri¢)d of the revision and future periods where the revision affects both current and future
periods.
12-

APPLECAST LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Donatlons and legacles
Unrestricted Unrestricted
funds
funds
2025
2024
Edward Gosuing
25,000
25,000
Charitable activities
Charltai49
Ineomo
H•ading 1
2025
Charlt•b
Ineome
H•ading 2
2025
Total
2025
Ch4rltabl•
Incomo
Hth￿In9 1
2024
Chartt•blo
Ineome
H•ading 2
2024
2024
Sale5 Within Charitable
activities
Sales of services by
beneficiaries
Other income
561,631
561.631
495.562
495,562
169,975
169.975
362.653
156,147
156,147
340,297
362.653
340.297
924.284
169.975 1.094.259
835,859
156.147
992,006
Other Income
Unrestricted Restricted
funds
funds
Total Unrestricted
funds
Reslricted
fijnds
Total
2025
2025
2025
2024
2024
2024
Other income
Miscellaneous income
11.200
11,200
12.700
40,054
40.054
11,346
12.700
11.346
12.700
11.200
23,900
11.346
40,054
51,400
13-

APPLECAST LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 202fj
Charltable activitles
Charitable Charitable
Expenditure Expenditure
Headlng 1 Heading 1
2025
2024
Staff costs
Depreciation and impaimient
Purchases
Pension costs
Rates and water
Heat and light
Repairs and maintenance
Insurance
Travelling
Legal and professional
Telephone
General Expenses
Printing. postage, ststionery and computer expenses
Equipment hire
754,726
22,218
133,230
18,946
1,961
27,560
4,123
21.332
24,270
40,114
4,924
11,428
700
16,433
707,394
24,958
107,829
32,919
2,385
22,716
40,779
24,715
22,923
{67)
4,789
10,625
1,481
27,618
1,081,965 1.031,064
1,081,965 1.031,064
Analysis by fund
Unrestricted funds
Restricted funds
1.081,965
995.137
35,927
Trustees
None of the trustees (or any persons connected with them) received any remunerats'on or benefits from the
charity during the year.
Employees
The average monthly number of employees during the year was..
2025
Numbèr
2024
Number
26
22
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APPLECAST LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Employees
(Conttnued)
Employment costs
2025
2024
IA&ages and salaries
Social security costs
Other pension costs
889,732
64,456
538
650,810
56,584
754.726
707,394
There were no employees whose annual remuneration was more than £60,000.
15-

APPLECAST LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10 Stocks
2025
2024
Finished go(xls and goods for resale
7,286
5,550
11 Debtors
2025
2024
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued inco
83,915
166,432
28,042
53,439
147,208
278,389
200,647
12 Creditors: amounts falling due within one year
2025
2024
Other taxation and social security
Donalions in advance- Edward Goslling
Trade creditor5
Other creditors
Accruals and deferred income
35,072
25,000
10,909
6,430
5,371
25,284
25,000
11,232
5,106
1,003
82,782
67,625
13 Credltors: amounts falllng due after morè than one year
2025
2024
Donations in advance- Edward Goslling
25,¢J)O
50.000
14 Analysls of net assets betW8èn funds
Unrestricted Restrlcted
funds
funds
2025
2025
Total Unr85tricted
nds
2024
Restricted
funds
2024
Total
2025
2024
Fund balances at 31
March 2025 are
represented by:
Tangible assets
Current assetsl{liabilities)
Long temi liabilities
1.169,28D
512,976
(25.DOO)
1.169,280
512.976
(25,000)
1,156,690
489.372
(50,000)
1.156,690
489,372
{50,000)
1,657,256
1,657.256
1,596.062
1.596,062
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APPLECAST LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
15 Related party transactlons
There were no disclosable related party transactions during the year (2024 - none).
16 Cash generated from operations
2025
2024
Surplus for the year
61,194
37,342
Adjustments for".
Depreciation and impairment of tangible fixed a&8ets
22,218
24,958
Movements in working capital..
(Increase) in stocks
(Increase) in debtors
(Decrease) in creditors
(1.736)
(77,742)
(9,843)
(46.433)
(33,815)
Cash absorbed by operations
(5,909)
{17,9481
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