REGISTEREDCOMPANY NUMBER: 06641980 IEnzl•nd andWales} REGISTEREO CHARITYIIUMBER." IIZ7347 ReportoltTrttèos*nd Unaudlted Flnan¢i•l statements for the Year Ended 31 Marth 2025 TheGap1fvltdlandsl Dalton P¥rdoe Llmhed Chartered kcountsnts 794 Hl&h Street Klngswirrford West Midlands DY6 8BQ
Th• GaplMld1$j Contents olthe FlnandalStst•m•nts fortheyear EThled 31 Marth 2025 P¥8• RtPDrtoftheTryrtt I to 2 Ind¢p•nd•nt Examlnerfs Report StDtem•ntof FINntlal Actlvltlos Balanushoot 5 to 6 Notw wtho Rh•n¢TalStstements 7 to 11 Dqt•lled St4t•m•nt of Fln•ntknl Artfvltl•J 12
TheG•p IM1n&l The trustees who are a150 dlrectors ot the thirlty for tht purposes of Companle5 Act 2006, presert ttlr w)th the fftnanclal statements of thè charlty for the year ended 31 ma 2025. The trurtees hove adopted the provlsSons of ActountlnB and RepDrtlnB by Charlls.' Ststemertof Recommended Practe•ppfkableto th•rit$ preparithetrèc£0UrrtS In accord•nce wlth the FIn¢I Reporunq Standard appkable knthe UK •NI Rwbutof Ilek (FR5 IOZI leffeLllde l J¥ftu•ry 20191. ONJECTIVES ANDACrinE$ Obledlws •nd almi Th• charfty Seeks to demor&tAté thE Clwbdon falth kn Klknn. It s••s to offer to m•r8kn•lhtd Irrespetthe of clr¢umrt•nces or sltuatlon, opAirtunlllÈs to Imwtsve thelr condStky4 of lffe ar dMlop thelr skllLs a1 c3bIl1es. to tMblè them to pgrtldpate In SOC a5 rnatyfe ar responslble •dults and to denhjnstrate to thern the posIt dWf•r•nce a talth In Jesus Chrlsi c•n brfnito them. FIPIANaAL IIEVI Nmndal Re¥lew Thecharty recelved IrKome •rrw)unVni to £51.779 In the prwKler r£bknl£lOI.358: 20241. Expendlture ts•lled £42,534 torthe lfrr I•W IE36m5.. 20241 •n rnI1 Sufphts ollrtorrn ¢Mr¢¥wndltur• of £9.245 (Surplus of £65,263: 20241 Reserve5 brought fOrrd •s •t tst Ap 2024 totsw £68.47a Ind • the tha$ total resèrves cirrled fopw•rd at t nce sheet date IrKreased to £77,7ts. Unrertdcted re5erbYs redwed from £56.413 M •t 1st Aprll 2024 to £53,194 over the ye•r. The Injstees h•¥e Èstablhed a polky Where free reser k1 the tharlty striuld be m•lnt¥lned at £I5,C. Th15 15 bued on •n estlmate olfoyr nh)nth5 av•r•8• exp•ndltyi•. G•Mral féSeNescarrWf(rIt t b•l•rKe thto were £53.194. G(rArnlni dowm•nt The charlty LI controlled by its 4 deed of •nd cortsdt I Ilmw ¢ornpJny y•r•nt•8. •$ denned bythe ComponSP£t26. The polMI and operntln8 declskjns of tht (rIty rest ¥Ath Dlrector>ifrustees who rMet regul•rfy to monltor t •rtMtles of the company. Néw Trustees ¥re ¥ppolnted by ordln•ry rexAutkn of mernbers. The reCMendItIOnS for ipFolntments •re d on t need lor th• th¥lty to h•¥e •n 4pwowtht• 11 to dettrffikne th•rlty Pol•% and to nnItOr Impltmentstlonof ihm. Rlik miMprn•rt The trijstees hi¥e • duty to Id•niify Ihe wtsks to t•hkh ¢h•rir¥ Is •4)oMd ind to enwt• controls arn In pL4¢e to provlde fe•3onible 1sgJr•K•ayhutfr•Jd artdentr. AEFERENCE ANDADMINISTrAIIVE DETAILS 5Jter•d Company nurnhi 06641980 IEn8land and wa$) 1117347 Banners G¥te ComftwJnltyChurth Westwood Road &Jtton Coldfteld West Mldlands B73 WM Mts C Morphet R M Pearse- Chalr & Se¢fetsry J H Walker D West-mullen ¢r*slid 31.10241 D S Nodkln50n P Palser Mlss C HIU lapontsd 13.11241
Gwp IMfdl•ndsl Report of the Trnstres forihe YeBr Ended 31 March 1025 REFEAENCE AND ADMINISTRATIVE DETAILS ¢omponySecr•t•ry R M Pearse- Chalr & Secrttsry Independ•nt E%Iner Colln Dalton fCA Dalton Pardoe Umthd Chartered Actountants 794 Hlgh Strett Kln85wlnford West Mldlands DY6 8BQ TrUSTEES' RESPONSIBILifi SYAieMENT The trustees (who afe also the dlrector5 Of The Gap Imldlandsl fortho w1po$ of conwny l•wl Jre reJponslbl• for pr•parfni the Report of the Twustees pnd the fln•ncl•l statemènts In atcordaKe wlth appllcable law and Unlttd Klngdorn AttouThtlng 51ondards Iunlted Klngdom Gèneralty Accepted Accountln8 Practlcel Includlng Fln?nclJl Repo& Standard 102 °The Flnantlal Reportln6 St4nd•rd •ppllcable In the UK and Republlc of IrelJnd', Compjny liw r•quli•s the trust915 to preppre flnonclal statements for ••ch fin•n¢l•l ye•r. Under thèt w. the truste h•ve elected to prepare the flnartclal $tèternent5 In accwdjnce ¥Ath Unl1 KId0M G•n•r•lly Acc•pted A¢¢ountlni Prnctlce Iunlted Kln6dom A¢counlln8 Stsnd•rds•nd ippllcibl• lawl. Under comp•rbV l?w the tmste•s must not approve the fln•ncthl statsments unless they Ire tl$fled that they glve ? te and hlr vlew of the stste of Jff•lrs of the charltablè cemparty Ino of the Incomlng resources and appllcatlon ol resources, Includln8 the Incorne Ind wendttur•, of th compry ft•r thrt peflod. In preyrlni th¢)se fln•ncl•l stst•m•nts. the tNStee5 Ire r•qulr•d to select iutt•ble •ccountlng pJllckn5 •nd then •pptythem coThslstentlyi ob5erye the rnethods and prlnclples In the Chafltles SORP.. make lud8emènts and e5tlrnate5 that are r••son4bl• Ind prteTrt,. prepjre the fln4ncl•l rtitèrntnts on the 8oln8 concern basls unless 11 Is Impproprtpie to presume th•t th• ch•rttibl• c1)MnY wlll ¢ofitlnue In bJ3ln•ss. The trustht> pre responslble for k•epln8 propr attOLtn¥Tr8 records whlch dlsclose wlth f•asonable Kcur•cy •t •ny tlm• th• fln•n¢lal posltlon of the chjrltsble cornpany and to enable them to ensure thjtthe fln•ncl•l statements compty wlth the Cornwntei Art 2006, They are also rtspon51ble ft>r safeBu&rdlng the assets of the ¢h¥rltsble cornpjny and hence lor taklng re•sonable steps for the preventk*n Ind detettson of frnud irKI otr Irre8uliiltlos. Thls report been prewred In iccord•nce wbth the speclal provlslons of Part is of th• Compan% Art 2006 rol•tbn8 to sm•ll ¢ompanlei. Approved byorderof the boord of trusteeson 21 Octo1 2025 and slÉMd on its behilf bv: esxj R M Pearse- ChJlr& SttrÈtsry-TNstee Palle 2
Independent Examhes Aeport ttstheTfie of The Gap Imldjandsl Independert eM•mlner's repOrttt¥thetrust•esof Gap IMldlBnds) rtht CoThyBnrfl I rept0th¢ tharfty twstees on myexarnlnatlon ofthe accounts ofthe Company forthe yeai endéd 31 March 2025. Aesponslbllltles ind ba515 of report Ns Ihe charfty's trustees of the Company land 4150 rts dlrectors for the purp¢)ses of tomparty lawl you ore respoffllble for the paratlon of the accounts In accordance th the requ1mentsO1t Companles Act 20061'thè 2006 Art'l. HivlnK 5atlsfied myself th•t the OUnts of the Compwny ore not r•qulrnd to be audknd under Part 16 of th• 2006 P1 and are ellglble for Irwjppendent examlnatlon, I report In respett of my examlTratlon of your charlty'$ accounts as carrled out under Settion 145 of the Charftlis Act 20111.the 2011 Act'l. In carryln8 my exarn11On I h4ve folk>wed the Dlrectlons 8fven by thè thjrlty Commlsslon Under Sectlon 145151 Ibl of the 2011 Art. I hwè completed my examlnatlon. l ¢onflrm th•t no matters h•¥e como to my attentlon In connertton wtth th• ox•mlnatlon gMn8 me cause to belle¥e.' •cwuntln8 records were not kept In respect of the Compary as rnqulred bysectlon 386 of the 2ts)6 Aci.. or the KCO¥nts do not accord wlth those records: or the accounts do not compty wlth the accountlng requlrerntnts ol Strtlon 396 of the 2LW6 Art other than any requlrement that the ¥ccounts 8Iv• a true ond falrvlewwhlchls not a m•tterconsldered as part of in Independent examlnatlon- oi the accounts have not be?n prepared In atcordlnce vAth the methods and prlntlples ol the Ststement of Recommefided Prartlce fof accountln8 and rèportlng by chorltles14pplluble to chirltle5 preparlw thelr Iccounts In accordance wlth t FJn•nclal Repjrtlng Stsndard appllcablè In thè LIK and RepuWk of Irelond IFRS 10211. I h•¥e no con¢tms ar hjw com• across kw) other mittlrs In connectlon wlth the •x•rnln•tlon to whlch attentlon should be dr•wn In thls report ln orthr to tnible ¥ proper understsndln8 of •¢countsiO be reached. n D•knn FCA D•knn P•rdoe Umlted Chrtered Accoynlants 794 Hl8h Street Kln8swlnford Wt Mldl•nds DY6 88Q 21 October2025 PaBe 3
The 13ap IMldlands1 Stolement ol Fln•ndal Artfvltles for the Year Ended 31 M4h 1025 31325 Tot•1 lunds 31.3.24 Total funds Unrestrlcted fund5 Restrfcted funds Notss INCOME AND ENDOWMENTSFROM Oonatlons and legacles a047 18.037 98.685 Othertr•dln8 artbtleS Investment Incorne 2,OOD 1.695 673 Totsi 31,742 20037 51.779 101,358 EXPENDrruRE ON Ra151ng funds 4,935 4.935 5.4S9 Ch•rtt•blfr a¢tl¥ltlos -expendKure 7J73 37,$99 30,636 T•t•l ,961 7A73 42.554 36.095 NEf INCOMVIEXPENDITURE) IZh64 9245 65,263 RECONCILIAYIOPI OF FUNOS Tot•1 funds Iyouihtforward IU160 61An 3,210 TOTAL FUNDS CARRIED F¢)RWARD 53.194 77,711 68,473 The notes fomi partofthe* hnanclal ststements Pa8e 4
Tho Gap IMldlan&l Balan¢e5heet 31 Marth 202S 31.3.25 Totsl fund$ 31.324 To1 funds Unrestrftttd fund5 Restrkted lunds FIXED AWYS Tan8lble assets 214 CURRENT ASS Oebtors Cash at bank4nd In hand 6.671 72.269 1652 67,135 47,959 24J $4MO 24JXO 7B.910 69.787 CREDITORS Amounts fjlllno du• wlthln oneyeir io 12.7541 NETCUIIRENT ASSETS 52A28 24,310 76.618 67.033 TOTALASSETS LESS CURRENTLIA8IUTI 53.194 24,524 Tl,711 68,473 NEfASSETS 5J.l94 77,718 68,473 FUNDS Unrestrlcted funds.. General fund Ernery•n¢yfvnd li 38.194 15.OlX) 46.413 10,000 53,194 56,413 Aestricted funds.. Headsp•ce Projert Youth Worker V•nue Garnes Holldiyworkshops Tr•lnln8 2,505 9.459 96 874 400 24,5Z4 11,060 TOTAL PJNDS 77.711 68,473 The ch•rlt•ble company Is entttlÈd to exemplh)n from 4udlt under Secllon 477 of the Companles Art 2(h% for the year •nd•d 31 March 2025. ThÈ members have not requlred the Corn¥ to obtaln afft iudlt of bts fin•111 ststem?nts for the year ended 31 Mar¢h 2025 In accordance wlth Sectlon 476 of the Companles Act 2006. The trustees KknovAed8e thelr r•3ponslbllltlesfor ensurlng thot the chgrftable compami keeps •¢countlnK records thai ¢ompty wilh Se¢ik>n5 386 ond 387 of tho Companles Act 2CK16 and eparlnB flnanclal 5ts1ements vthlch Blve a tnje and falrvltwof the stsie of affalrs of t charftsble company as at the end of each flnanclal year and of Its surplu5 Qr deflclt for each flnanclal year In accordanc• wth requlrements of Sectlons 394 and YJ5 and whlch otherwlse cornply wlth the iequlrements ol the Companles Aci 2006 relan% to flnanclal statements, sofaras applkable to thp £haTble compary. The note5 form partofthtse financlal statements Pap5 contlnued...
Gap IMEdlandsl 8•l•nce Shtet- conthwod 31 Mah 2025 These flnandal Jtstements havi bÈtn w•parÈd In accordarKe vAth the provlslons appllcabje to charttable Comn$ sublett to the small companle5 reglme. Thi fbnanclalA•tementswere •pprnved by Bo•rd of Trustees and authorlsed for15sue on 21 October 2025 and w•r• sI8d on Its behaff by. Q.mP.- R M Pe•rsè- Chalr& Secretsry-Trustee The notes form part ofthese financlal statements Pagè 6
TheGpp IMIdlJ) Note5 to ¢he Flnandal St•t¢ments for the Year Ended 31 March 2025 ACCOVPIIING POUCIES B•sLs of pr•parlfig the flnwncl¥l st¥tements The financlal atrnents of the charltsble cornphny. whlch • publlc ben•fft tty under FRS 102, have been prepared In 4ccordan¢e wh thè Charltle5 SORP IFAS 1021'Accountln8 and Reportln8 by Charltles: Ststement of Recommendtd Prathce appllrable to charitles prepailn8 ihelr accounts In attordance wlth the Flnanclal Repjrtlng Stsnd4Td applkable In the UK •fid Republlc of Ireland IFR5 1021 leffectlve l January 20191,, Flnanclal Reportln8 stsndard 102 The Flnanclal Reportlng Stsndjrd appllc•ble In thè UK and Republlc of Ireljnd, and the Companles kt 200& The flnanclal ststernents hove been pmpared under the hlstorlcal cost conventlon. In¢om• All Income Is reco8Trlsed In the St4tement of FInalaT Actfvitles once charlty has entltlennt to the fun04 11 bs probablp ttthe IrKome wlll be recefved and the amouni can be measured rellablv. Expendkur• Ll•bllltle$ ire recoinls•d is •xpendlturè as soon a> thefels ¥ leyl orconstructl¥e obll6•tlon commlttln8 th chirfty to thot exFendlture, It Is probable that a transfer of economlc beneflts wlll requlred In settlement bnd tho amount of t obllgatlon can be measured rellably. Expendlture Is accounted for on On •ccruJ15 ba$55 and ha5 been classffled under headlny that aure8bte all cost rel•ied to the utÉ#ory. Wh•M costs tannot bp dlrettly attrlbuted to partlcular headlny they have been allocated to •ctlvltles on a basls consLstent with th• Of regwr¢es. Y4[bIt Ifx•d a•sets Depreclitlon Is provlded •t the lollowiD84nThual fates In ordertowrlte off each as over ltsStlmited yjeful Ilfe. Flxtures and fltt1fi8S Computer equlpmaht 25%on reduclni b•l•rKo 25%on reiluclni balance T•x•tlon The chiilty Is •x•mpt Irom corporntlon ttxon its ¢hprltabk¥rtfvltleJ, Atnd K¢guntln8 Unrnstrlcled funds can b& used In •ttord•nc• wlththe ch•rltableoblettivès at tht dlscretlon of the tnjstees. riestrlrted funds can onty b• used for portlculpr restrlctod purpoms vhthln th• oblects of ih• ¢h•rlty. Re#rfctlorth arh• when speclfted byth• don¢>T orwhen fund5 Ire r•lMd for plrtlcular r•strkted purpose Furthei eW•nwtlon of the nature •nd purpow ¢)f e•th fvnd Is IKluded In th• notssto the fflft•ncl•l stsiemen OTHER TRADING ACTNM 313.25 31.3.24 Fundr•lslft4 events 2.000 INVESTMENT INCOME 31.&25 31.3.24 Depos 1¢t Intèrest IW5 673 Page 7 ¢¢ntlnued...
Ihe Gap Imldlandsl Notes tothe Anan¢lal Statements- contlnued for1 Year Ended 31 Marth ZOZ5 NETINCOMVIEXPENDITUAEI NetIncOrn(emp¢nd1ture> Is ststsd aftef char8lnVlcredltln81- 3L%2S 31.3.24 Deprecbltlon-owmed J55ets 480 TRUSTEES. REMUNERATrON AND 8ENEFITS Th•rt were trustees, remunerntlon or other *elIts for th• year ended 31 M•rch 2025 nor for the wr end•d 31 M•r¢h 2024. Trn•tett' •xp•ns•s There were no trustees, Qynsos ld forthe year tnded 31 Mar¢h 2025 norfor the yearended 31 March 2024. STAFF COSTS Tho i¥orny monthty nyrnber ofemployees durlngthe y•br w•$ •slollows'. 31.3.25 31.3.24 Admlnbtritl¢ No empbytts frf•fv•d emolsJments In excess of £60I1W. COMPARATIVES FOR Tht SYATEMENTOF NANCL AcrNmES Unrestrfcted funds Ae>trtckd funds Total funds INCOMEAND ENDOWMENTS FROM Donath)ns •nd1•8•cles 92.585 6.IrKI 98.685 Othef trndlniartlvltl Inv•stynefftt Incom• 673 673 Tot41 93.258 (100 101.358 EXPEtIDITURE ON Rèlslnilundj 5.459 5.459 Ch•rltabl• 1¢VIt[•S - expendbture 28,776 30,636 Tot 34.235 36,095 NETINCOME 59,023 6,240 65,263 AECONcfuATION OF FUNDS Total funds brouBht foard IL6101 5,820 3210 TOTAL FU1405 CARRIED FORWARO 56,413 12,0 68,473 Paee 8 contlnuÉd...
ThÈGap IMTdlands) Note$to the Fknndal 5tatements-contlNed for the Year Ended 31 Marth 2025 TANGIBLE FIXED ASSÉTS Flxtures and Computer equlprneni Totsls At l Aprfl 2024 and 31 March 2025 5A4S DEPRECIATKIN At l Aprfl 2024 Charge foryear 751 360 At 31 March 2025 L530 4365 14ET B<)OKVALUE At 31 March 2025 250 At 31 March 2024 334 1,440 DEBTORS: AMOUNTS FALLING DUÉ WIIHIN ONEYEAR 31.3.25 31324 Trade debtors Other debtors I28 4A43 2.652 671 2.652 CREDITOR&. AMOUNTS FALUNG DUE WIThIN ONEYEAR 313.Z5 31.3.24 Tradecr•dltors Sc<lal sewrfty and othertaxes Othercredltors A¢¢rued e¥per 1.533 525 42 720 2,XlZ 2,754 IL MOVEMENYIN RINDS Net movemert In funds Transfers between At 313.25 At 1.4.24 Unrestrlct4d lunds Generalfund Emergeryfund 46A13 10.000 132191 (5.000) 5,000 15AIOO 56A13 13219) 53.194 Restrlded fund5 Headspace Prolert Youth Worker Venue Games Hollday Workshops Tralnlr¥ 2XII 7J56 9859 16A15 874 400 1.129 L129 24J24 TOTALIUNDS 68N73 9.Z45 77,718 Pa8e9 coThtIMed...
The Gap {Mldknds1 Ngtes tothe Hnan¢lal Slatements. mntlnued fortheyear Ended ai March 2025 ii. MOVEME1 IN RINDS- Mntlnwd Net mo¥•ment In funds, InrludEd In thE at>)ve are 05 follows: Incomlr r•sources Resour expended Movernent In fund5 UnYes¢rlct•d funth GeTfUnd 31.741 P4J611 13.2191 R•rtrl¢tsdfund• Head5Ce Prolett Youth Workèr Venue Games Holldjyworkshops Tfalnln8 IIW91 142771 12561 2.801 7,356 11.633 Ll29 203? 17.57Jl 12A64 TOTAL FUNOS SL779 142.$341 C•mpratl¥wfoT n)¥ernent Infvndi Net movèment In fvnds Trnnsfers etween funds At 31.3.24 At 1.4.23 Vnr••trl¢t•d fvndi Gener•1 fund Ernery•ncy fvnd Il6101 59,023 Iio,CA)DI io.ooo 46.413 10,000 12.6101 59.023 56,413 R•rtrthdf¥nd• Hiad5Pltè Prolert Youth Woik•r Vénue Games 1.361 4,459 1,144 2,$05 9A59 96 96 5,820 6.240 12,060 TOTAL FUNDS 3,210 65.263 68,473 omparitlve net movement In fund4 Included In ibove •re as foll¢wo: Incomlni r•sourc•s Resources expended Movement In funds 11nreI(I•dIund1 Gen•r•lfvnd 93,258 134,2351 59,023 Rertrk¢edluMIs Headspace Pfoject Youth Worker Venue Game5 11.8561 1.144 96 8.l¢XI 11,8601 6,240 TOTAL FUNDS 101,358 136.0951 65,263 Poge 10 coniinued...
Theeap Imldknthl Notesto tho Nn?ndal Stst¢rnents- Eonttmied for the Yegr Ended 31 Marth 2025 RELATEO PARTYOISCLOSURE5 Thérn wEre no related p4rtytran5JrUor forthEyear ended 31 March 2025. Pyll
forthe YearEnded 31 Marth ZOZ5 3La25 31.3.24 Donatk>ns and leyths Danations and gts Incomet•x retovertd Grants Donated goodsand facllllles 57,255 2.652 iO,IL 28,678 2J92 27JU Fundra151nge¥ents Deposlt atwunt Intsrest 673 Tot•1 hKomlns resw 5L779 101.358 EXPENOITURE Ra551n8donatlow and l•8ad Fundratslnga8ents 5.459 Wages Venue runnlng costs Volunteer ¢05ts and expenses Phones and AdrnIotrntlofi and otlw Depreclatl¢M 0ftae fixed assets 34141 907 237 4,647 481 777 29.940 Ir*endenteumlr4 Tothl rercestXpended 42J34 36.095 Net In¢om• 9345 65,263