Company registration number: 06542380 Charity registration number: 1124485 TREWAN SANDS CHILDREN'S TRUST (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND FINANCIAL STATEMENTS 31 MARCH 2025 Horsfield & Smith Independent Examiner Tower House 269 Walmersley Road Bury Lancashire BL9 6NX
TREWAN SANDS CHILDREN'S TRUST CONTENTS Reference and Administrative Details Trustees, Report 2to7 Independent Examiner's Report Statement of Financial Activitie5 Balance Sheet ID Notes to the Financial Statement5 Ilto23
TREWAN SANDS CHILDREN'S TRUST REFERENCE AND ADMINISTRATIVE DETAILS Charity Registratlon Number 1124485 Company Reglstratlon Number 06542380 Trustees Mr Andrew Daw50n Mrs Louise Daw50n Registered Office Pennine House Pennine Business Park Pi15WOrth Road Heywood Lancashire OLIO 2TL Independent Examiner Horsfield & Smith Independent Examiner Tower House 269 Walmersley Road Bury Lancashire BL9 6NX The charity is incorporated in England and Wales.
TREWAN SANDS CHILDREN'S TRUST TRUSTEES. REPORT The trustees, who are directors for the purposes of company lawl present the annual report together with the financial statements of the charitable company for the year ended 31 March 2025. Structurei governance and management Nt¥ture of qovernlnq document Trewan Sands Children'5 Trust 15 a charitable company limited by guarantee, registered as a charity on Ilth June 2008. Its governing document is in the form of a Memorandum and Articles of Association, incorporated on 25th March 2008. Objectlves and actlvltles Objects and alms The objects of the charity are: To relieve sickness of disabled and terminally ill children in the UK (who may be accompanied by their parents, guardians or carer51 and who would not otherwise have a holiday and whose circumstances show that they are in need due to their social and economic circumstances. To provide holidays for other members of the community who would not otherwise have a holiday and whose circumstance5 show that they are in need, due to their age, infirmity and social and economic circumstances. Alms of the charlty To raise enough funding through donations by businesses, to provide more holidays and equipment for the children and their families. To help the children become more positive about their own capabilities, their self-worth and their future. To help the children grow in confidence by challenging themselves and trying new activities. To offer a Fun Packed Activity Programme for children. To increase the number of children and families we help everyyear. To provide these families with 'Memorie5 to Cherish" Publlc benefit The trustees confirm that they have complied with the requirements of section 17 of the Charitie5 Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
TREWAN SANDS CHILDREN'S TRUST TRUSTEES, REPORT Achievements and performance Trewan Sands have seen a significant increase in the number of beneficiaries that we have helped since the Covid-19 pandemic. We have seen once again a huge trend in donators unable to make monetary donations due to busine55 c105ures and due to their increase in running costs, with some willing to donate goods or equipment instead due to their increase in running Costs. Many of our families with disabled children have specialist equipment, that is vital to their need5 and their survival, spiralling energy costs have hit hard on these families with many families having to make the choice between eating and heating and are cutting back on how much they spend on food, or eatin8 les5, so they can pay for heating. To thi5 end, we have had to re-prioritise and diversify more into Community based events, activities and donations of services and equipment to keep ourcommitment to the community, volunteerin& shopping, getting prescriptions and taking families who do not drive for their vaccinations. We have had to re-prioriti5e and dNer5ify how we support and help our families by provlding care and hygiene and activity sUPPOrt packages and provide more online sUPPOrt forfamilies in crisis whose mental health has been hugely impacted. We have given Educational Support for Parents/Carers of Children and Young People with Disabilitie5- provided communication aids and the tools to help parents/carer5 develop communication with children and young people. We have provided the following activities free of charge to families with children and young people with disabilitie5 or life limiting conditions that have needed our 5UPPOrt and that meet our criteria: Easter Egg and Toy Appeal - Delivering Easter Eggs, toys and equipment to Familie5, Hospices, Local H05Pital Children'5wards and Special Educational Need5 Schoo15, Children's Homes and Women's RefuBe. We have been donated various equipment including: Makaton bundles, strollers, hoist5, sen50ry equipment. car seats, special needs bu88ies & cover5, wheelchairs, accessories and hi8h chairs. various equipment for the home. children's clothing,. beds and beddin& sensoryequipment; food, toiletries have also been provided and donated. We are receiving Donations from all over the country that need to be collected and delivered by Trustee's and volunteers. We have also funded schools to help make "Memories to Cherish" by providing weeks awayat the Dai5yChain Project in Blackpool.
TREWAN SANDS CHILDREN'S TRUST TRUSTEES, REPORT We have run numerous events: IIILIOWEEII , I REA T! ••' rf1011&251M Trus VIT Plans for future perlod5 Our plans for the future are to continue to strive to enhance all of our achievements, involve, and help many more children, young people, and their families/carers, providing the much needed specialist equipment and sUPPOrt that they deserve and without our support would miss. We realise the potential to further increase the number of beneficiaries that we support each year, whilst continuing to provide donated equipment to help ourfamilies. We are looking to offer day trips to special need schools- enabling community involvement and partnership working with other charities and local businesses, parents and carers of children and young people with disabilities and illne55es. We are looking forward to continue with our annual Fun DayslAdventure days, which allow the children to interact with other children and families; this is beneficial to not only the children with disabilities and terminal illnesses but a150 their parent5/carers and siblings. These have been a great success over the past years and we are excited to continue running numerous events throughout this year including.. "Wear Yours Pj's Day. Carnival Fun Day Cycle Ride5 Music Festival 'Radfe5t" Halloween Party Christmas Fun Day Winter Wonderland Fun Music Festival.
TREWAN SANDS CHILDREN'S TRUST TRUSTEES, REPORT We are still working closely in partnership with 5* Ribby Hall Village, Narrow Boat Holidays and The Brickhouse Farm. We have secured companies and groups that we are working closely with as their charity partner including local sports team51 public houses and businesses. T•r• ini don•tlDM. lo mw• t¢pi fr¢thldrn•ndtMr Tol Flnanclal revlew The results for the year and the Charity's financial position at the end of the year are shown in the attached financial statements. Pollcy on reserves The Board and the Management Team recognise the need to develop a more substantial level of unrestricted reserves to secure the company's future viability but are aware that in the charitable sector this is not always possible or desirable. The Board are agreed that reasonable levels of unrestricted reserves are required to finance working capital needs to fund the time delay in receivingthe pledge to receivingthe actual donation, The board have agreed we need to downsize our premises and we are cvrrently looking for smaller premises.
TREWAN SANDS CHILDREN'S TRUST TRUSTEES, REPORT Flnanclal Instruments Credit risk The ChariV5 principal financial assets are bank balances and cash. The credit risk on liquid funds is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agentie5. Llquldlty rfsk In order to maintain liquidity to ensure that Sufficient funds are available for ongoing operations and future developments, the Charity uses its unrestricted reserves. Statement of trustee5' re5ponsibllltle5 The trustees (who are a150 the directors of Trewan Sands Children'5 Trust for the purposes of company lawl are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. Compary law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resource5, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policie5 and apply them consistently; observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent; State whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless It is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records that can 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 detertion 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 webslte. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdiction5.
TREWAN SANDS CHILDREN'S TRUST TRUSTEES, REPORT The annual report was approved by the trustees of the charity on 29 January 2026 and signed on its behalf by: Mrs Louise Dawson Trustee
TREWAN SANDS CHILDREN'S TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responsibilities and basis of report As the chariws trustees of the Company land also its director5 for the purposes of comp3ny13wI you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts 35 carried out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Att. Independent examlnerfs statement I have completed my examination. I confirm that no matters have come to my 3ttention in connection with the examination giving me cause to believe: l. accounting records were not kept in respect of Trewan Sands Children's Trust as required by section 386 of the 2006 Act,. or 2. the accounts do not accord with those records- or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination: or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applic3ble to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other matters in connection with the examination to which attention should be dr3wn in this report in order to enable a proper understanding of the accounts to be reache Peter Nicol Bsc FCA Independent Examiner ICAEW Tower House 269 Walmersley Road Bury Lancashire BL9 6NX 29 January 2026
TREWAN SANDS CHILDREN'S TRUST STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2025 (INCLUDING INCOME AND EXPENDITURE ACCOUNT AND STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES) Unrestrlrted funds Total 2025 Total 2024 Note Income and Endowments from: Donations 206,592 203 206,592 203 204,535 189 Investment income Total Income 206,795 206,795 204,724 Expendlture on: Raising funds Charitable activities {54,357) 1145,374) (54,3571 {145,374) 149,072) (139,384} Total Expenditure (199,731) {199,731) (188,456) Net income 7,064 7,064 16,268 Net movement in funds 7,064 7,064 16,268 Reconclllatlon of funds Total funds brought forward 18,900 18,900 2,632 Total funds carried forward 16 25,964 25,964 18,900 All of the charity's activities derive from unrestricted continuing operations during the above two periods. The funds breakdown for 2024 15 Shown in note 16.
TREWAN SANDS CHILDREN'STRUST BALANCE SHEET AS AT 31 MARCH 2025 (REGISTRATION NUMBER: 06542380) 2025 2024 Note Current assets Debtor5 12 24,627 23,560 24,627 28,840 Cash at bank and in hand 13 48,187 53,467 Creditors: Amounts falllng due withln one year 14 (11,7591 (22,331) Total assets less current Ilabllitles 36,428 31,136 Credltors: Amounts falllng due after more than one year 15 (10,4611 (12,236) Net assets 25,967 18,900 Funds of the charfty: Unrestrlrted Income funds Unrestricted 25,964 18,900 Total funds 16 25,964 18,900 For the financial year ending 31 March 2025 the charity wa5 entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companie5. Directors, responsibilities: The members have not required the charity to obtain an audit of it5 accounts for the year in question in accordance with section 476; and The director5 acknowledge their responsibilitie5 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The financial staternents on page5 9 to 23 were approved by the tru5tee5, and authorised for issue on 29 January 2026 and signed on their behalf by: Mrs Louise Dawson Trustee io
TREWAN SANDS CHILDREN'S TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 l General Infomiatlon The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation. The address of its registered office is: Pennine House Pennine Business Park Pi1sWOrth Road Heywood Lancashire OLIO 2TL 2 Accounting pollcles Summary of sl8nlflcant accountlng policles and key accountlng estlmates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unle55 Otherwise stated. ststement of compllance 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 IFRS 1021) (issued in October 2019) - (Charities SORP IFRS 1021), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 and the Companies Act 2006. Basis of preparatlon Trewan Sands Children's Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or tran5artion value unless otherwise stated in the relevant accounting policy note5. Going concern The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any 518nificant areas of uncertainty that affect the carrying value of assets held by the charity. Exemptlon from preparln8 a cash flow statement The charity opted to early adopt Bulletin I published on 2 February 2016 and have therefore not included a cash flow statement in these financial Statements. li
TREWAN SANDS CHILDREN'S TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Income and endowments All income is recognised once the charity ha5 entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliablv. Donatlons and legacles Donations are recogni5ed when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period. Expendlture All expenditure is recognised once there is a legal or construttive obligation to that expenditure, it IS probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with Central staff cost5 allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's Use. Other support costs are allocated based on the spread of staff costs. Ralslngfunds These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds. Charltable artfvltles Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirert nature necessary to support them. Grant pmvlslons Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable. Support costs Support cost5 include central function5 and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other cost5 by their usage. 12
TREWAN SANDS CHILDREN'S TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Taxation The charity 15 considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categorie5 covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusNely to charitable purpose5. Tanglble fixed assets Individual fixed a55ets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciatlon Asset class Motor vehicles Depreclatlon method and rate 25% straight line Debtors Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. Cash and cash equlvalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade Credltors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months afterthe reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amorti5ed cost using the effective interest method. 13
TREWAN SANDS CHILDREN'S TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Borrowlngs Interest-bearing borrowings are initially recorded at fair value, net of transaction cost5. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction cost5, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and Similar charges. Borrowing5 are classified as current liabilities unle55 the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date. Fund strurture General unrestricted funds are funds that can be used in accordance with the charitable objects at the discretion of the Trustees. Designated unrestricted funds are funds set aside by the Trustee5 Out of unrestricted general fund5 for specific future purposes or projects. Restricted funds are funds that can only be used for particular restricted purposes wihtin the objects of the charity- Restrictions arise when specified by a donor or when funds are applied for, for particular restricted purposes. Financial Instruments Closslficatlon Financial assets and financial liabilities are reco8ni5ed when the charity becomes a party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contrattual arrangements entered into. An equity instrument is any contract that evidence5 a residual interest in the assets of the charity after deducting all of its liabilities. 14
TREWAN SANDS CHILDREN'S TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Recognltlon ond meosurement All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initiallv measured at fair value Iwhich is normalty the transaction price excluding transaction cost5), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets and liabilities aTe only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intend5 either to settle on a net basis, or to realise the a55et and settle the liability simultaneou51y. Financial assets are derecognised when and only when al the contractual rights to the cash flows from the financial asset expire or aTe settled, b) the charity transfers to anotheT party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risk5 and rewards of ownership, has transferred control of the a55et to another party. Financial liabilities are derecognised only when the obligation specified in the contrart is discharged, cancelled or expires. 3 Income from donatlons Unrestricted funds General Total funds Donation5 and legacies,, Gifts and donations Gift aid reclaimed 182,147 24,445 182,147 24,445 Total for 2025 206,592 206,592 Total for 2024 204,535 204,535 15
TREWAN SANDS CHILDREN'S TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 4 Investment Income Unrertricted funds General Total funds Interest receivable and similar income,. Interest receivable on bank deposits 203 203 Total for 2025 203 203 Total for 2024 189 189 5 Expendlture on raislng funds a) Costs of generatlng donatlons Unrestrlrted funds Total 2025 Total 2024 General Wages and salaries Social secutiry costs Employer5 pension Fundraising costs Telephone and fax 49,119 408 49,119 408 43,568 370 405 405 412 130 4,295 130 4,295 216 4,506 54,357 54,357 49,072 16
TREWAN SANDS CHILDREN'S TRUST NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 6 Expendlture on charltable actlvlties Unrestricted lunds General Total 2025 Total 2024 Grant funding of activities Trustees remuneration 45,963 55,400 1,196 377 45,963 55,400 1,196 377 40,491 55,4Th) 1,265 377 Trustees social security Trustees employers pension Rent 24,085 1,007 484 24,085 1,007 21,723 2,447 406 Light, heat and power Insurance Repairs and maintenance Telephone and fax Computer software and maintenance c05ts Printing, postage and stationery Equipment le35ing Sundry expenses Motor expenses Car leasing expenses Independent examiner's fee Accountanq fees Bank charges Bank interest Loan interest 971 971 134 150 150 603 603 501 697 697 944 2,714 483 2,714 483 3,288 918 2,391 2,852 3,300 263 2,391 2,852 3,300 263 3,043 2,753 3,300 170 1,984 1,984 1,525 445 445 697 145,374 145,374 139,384 17
TREWAN SANDS CHILDREN'S TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 7 Grant-maklng Analysls of grants Grants to Indivlduals 2025 2024 Analysls Holidays and events 48,557 40,491 18
TREWAN SANDS CHILDREN'S TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 8 Net Incomlngloutgolng resources Net incoming resources forthe year include: 2025 2024 Operating leases- other assets Trustees remuneration 29,651 55,400 3,300 27,764 55,4Th) 3,300 Accountanry fees- independent examination 9 Trustees remuneratlon and expenses During the year the charity made the following transaction5 With trustee5: Mr Andrew Dawson Mr Andrew Dawson received remuneration of £18,800 {2024: £18,800) during the year. Consent under clause 5.2.5 of the Memorandum of Association was received from the Charity Commission on 9th June 2008 allowing the charity to employ Mr A Dawson. These payment5 were made in respect of management services to the charity. Mrs Louise Dawson Mrs Louise Dawson received remuneration of £36,600 {2024: £36,600) during the year. Consent under clause 5.2.5 of the Memorandum of Association was received from the Charity Commission on 9th June 2008 allowing the charity to employ Mrs L Dawson. These payment5 were made in respect of management services to the charity. No trustee5 have received any reimbursed expenses or any other benefits from the charity during the year. 19
TREWAN SANDS CHILDREN'S TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10 Staff costs The aggregate payroll costs were as follows.. 2025 2024 Staff costs during the year were: Wages and salaries Social security costs Pension costs 104,519 1,604 782 98,968 1,635 789 106,905 101,392 The monthly average number of persons {including Senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follow5.. 2025 2024 No Management Administration No employee received emoluments of more than £60,000 during the year. 20
TREWAN SANDS CHILDREN'S TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 11 Taxatlon The charity is a registered charity and is therefore exempt from taxation. 12 Debtors 2025 2024 Prepayments Other debtors 627 24,000 627 24,000 24,627 24,627 13 Cash and cash equlvalents 2025 2024 Cash on hand Cash at bank 1,079 22,481 1,079 27,761 23,560 28,840 14 Credltors: amounts fallln8 due wlthln one year 2025 2024 Bank loan5 Trade creditors other taxation and social security other creditors 1,775 (6131 1,398 4,620 4,579 10,203 6,720 5,408 Accruals 11,759 22,331 IS Credltors: amounts falllng due after one year 2025 2024 Bank loans 10,461 12,236 21
TREWAN SANDS CHILDREN'S TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16 Fund5 Balance at I April 2024 Incomlng resources Resources expended Balance at 31 March 2025 Unrestrlcted General 18,9QKI 206,795 (199,731) 25,964 Balance at I Aprll 2023 Incomlng resources Resources expended Balance at 31 March 2024 Unrestrlcted General 2,632 204,724 (188,4561 18,900 17 Analysls of net assets between funds Unrestrlcted Total funds 2025 General Current assets 48,187 {11,759) {10,461} 48,187 {11,759) {10,461) Current liabilitie5 Creditors over I year Total net assets 25,967 25,967 Unrestrlcted Total funds 2024 General CurTent assets 53,467 122,331) 112,236} 53,467 {22,331) (12,236) Current liabilities Creditors over l year Total net assets 18,900 18,9LK> 22
TREWAN SANDS CHILDREN'5 TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 18 Related party transactlons 19 Controlling entlty The ultimate controlling party is the Tru5tee5 who are all directors of the company. 23