REGISTERED COMPANY NUMBER: 06685276 (England and Wales) REGISTERED CHARITY NUMBER: 1127597 REPORT OF ThE TRUSTEES ANO FINANCIAL STATeMENTS FOR THE YEAR ENDED 31ST ALIGUST 2025 FOR MEBDEN BRIDGE COMMUNrrY ASSOCIAThON LTD Cresswe115 Accountants (UK) Limited Chartered Accountants and Statutory Auditors 12 Market Street Hebden Bridge West Yorkshire HX7 6AD HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025 Page Report of the Trustees I to 14 Report of the Independent Audltors 15 to 17 Statement of Flnanclal Artlvltles 18 Balance Sheet 19 to 20 Gish Flow Statement 21 Notes to the Cash Flow Statement 22 Notes to the Fln•nd•l 5tstements 24 to 35 Detalled Statemnt of Flnandal Artl¥ltles 36 to 37 HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025 This has been another incredit4y busy year for the Association wrthin the Town Hall and in the wlder ¢ommunity. The story inside the Town Hall Is familiar to last yeaes: we remain fully let- we have maintained our higher levels of co-workers {which blossomefj with the availability of a second space in the old building); we have over-performed our room hi￿ expectations- we have had another record year for weddings and parties and the Café trade has been even stronger than last year. We have renovated some high-traffic parts of the building without too much disruption most of the ground floor toilets have been refijrbished, the flooring of the main stairwell ha5 1)een replaced. and we have renovated the two brew-stations used by our tenants. We have also given the Terra￿ Room a new floor which provides a better surface to match the events that take place within the room. All of these are upgrades to the building's fittings installed prior to the Town Hall's opening in 2012. We expect to continue this approach a5 the fixtures and fittings come to the end of their life in the coming years. Externally to the Town Hall the picture is also similar to the one we described last year. Our Executive Director's and other stairs time has been taken with the continulng developments with Hope Chapel and Staylng Well although we have also added the project loc*ing at a Chaftging Places toilet In Valley Road. There are specifie sections giving more details on these in the rest of this report. It is difflcult to appreciate from the 4)utgde j.ust how much work g¢)es into deliverlng the continuing success of the Town Hall, let alone developing new ideas, projects and initkitives. There is often a lag between the workload and having the right staffing level to deliver it which puts added pressure on the existing staff team. The Assoclatbon is fortunate to have such a hardworking and dedicated staff team who consistently respond positively to those ￿tuatiOns, but it is obviously better to get ahead of them if they can be predicted. The summers of 2025 and 2024 before that have strained our Café and Events capacity and we can See that 2026 is likely to be similar. hence why we are again investing in new roles within the events team in particular. The Trustees are grateful to all our staff and fvlly reC￿nISe the incredible contritrAJtion made by our volunteers t¢)0. We have also reStrnJrtu￿ our capacity I￿king after the twilding and the tenants and co-workers this year, creating two part time roles where there was previously just one. This has proven to be a wise move and should 9ive us confidence to explore other similar opwrtunities In the fijture We must however continue to look forward and build on our solld and sustainable financial rnodel. We are overdue reviewing our Strategic Plan and wr risk mana9ement assessment although although we expert to retain a focus on similar priorities.. widen our reach with the community outside the Town Hall- create an environment that helps businesses make new connections and thrive: and keep the Town Hall operating successfully and keep focused on wr long-term viability. As part of that. and in the face of other priorities we have been distracted from the bigger project for the old building which we have talked about extensively in recent years: this will need to come back to the centre in the coming year. We are also grateful to our members and the wider community ITr Hebden ￿"dge for their continuing support and deep-rooted be14ef in our long-term success. Page I HE8DEN BRIDGE COMMUNITY AS￿￿[ATIoN LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AiIGUST 2025 OBJECTIVES AND AcfivITZES Our Story In the autumn of 2012, the Hebden 8ridge Community Association (H8G4) ¢Jpened the doors to a new Town Hall in the heart of our vibrant town. The Town Hall. Hebden Bridge ts the first asset-transferred community owned Town Hall and is a symbol of what a community on achieve when it pulls logether with a common ambition and vision. Grade Il listed and dating from 1897, the VICt￿lan part of our buildlng onginally hcwsed the town's council offices. In 2008 Hebden Bridge Community AssociatKJn (HBCA) was formed as a charity and company limlted by guarantee. Through an innovative asset transfer. the HBCA acquired the council offices from Calderdale Counal in April 2010. HBCA'5 V15ion was to transform, what was at the time. a barety used building falling into disrepalr into a state-of-the-art centre for community and creative enterprise - putting It back at the centre of the town's cbvic Ilfe os The Town Hall. H8CA went on to raise E3.7m for a major development on the site and the additions built in the 1960s were knocked down to c￿ate space for a major new modern extengon that would gt alongside and complement the original building. In autumn 2012. a large new contemporary community and buslness building wa5 Opened offertng a range of spaces for community. enterprise and recreational use. Our vlslon Innovative, creative, pioneedng and enterprising. The Town Hall is the beating heart of Hebden Bridge's rich community, business and democratbc life. Our vlsion is to make The Town Hall, Hebden ￿idge much more than just a bullding. We want the Town Hall to become known locally and nationally as a shining example of what can be achieved when people come together - united by a belief that people need each other, and that community is Important. What we do The Town Hall is run by Hebden Bridge Community Association. for the benefit of the community. Et Is a place to collaborate, create, meet and celebrate. Community is at the heart of what we do and who we are. Community-owned and managed by the Hebden Bridge Community A559ciation, the Town Hall hosts and supports a diverse range of community activity. More than just a building, we att as a creatlve connertor - making links, creating new partnerships and opening up excfcing p¢Jssibilities. We're also horne to a vlbrant hub of knowledge intensive businesse5. We work to help them to thrive and collaborate through bugne55 5UPPQrt. skills Sharing and networkin9. We welcome all into our iNJilding in the heart of Hebden Bridge where we offer: range of spaces for communty activities. meetings. ￿lebratIOnS. 34 business units and two business lounges (a co-working / hot-desking facility). friendlyi affordable café with riverside terrace. speclal events. festivals exhibitions. Page 2 HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025 OBJECTIVES AND ACTIvrriES Stsylng Well Staying Well started in January 2015 a5 a ￿10t projett in Hebden Bridge and 3 other l¢xallties across Calderdale before becoming a Borough-wide initiative from October 2016. Since then, the Association's responsibility has been covering all 4 Upper Calder Valley wards (Calder. Luddendenfoot, Rybum and Todmorden). It is a universal adult Servi￿ focussed on engaging vulnerable people with communlty solutions to redu￿ demand on more acute health & social care servi￿. In our report last year we highlighted the new contract for Staying Well service5 in the Upper Valley. Hebden Bridge Community Association and our Staying Well partners were identified as the Most Suitable Providers for the continuation of the Staying Well work and following the publK pro¢vrement exerclse in summer 2024 the new contratt commenced on 1st October 2024 for a minimum of 3 years wrth the option of two one-year extensions - effectivety a 5-year contract. Under this contract we employed Moni Noszkay in January 2025. We also reported last year on the start of another contratt - the Calderdale Community Model of Support which had been driven by the West Yorkshire & Harrogate Cancer Allian￿. This is f(Kused on providing personalised support for people living with and beyond cancer with support more locally based in the community. This is not a medical service but seeks to bn'ng all the expertise developed thmugh Staying Well to improve outcomes for local people. This 15 a 3-year project. Under this contract we employed Claire Sullivan in February 2025. The Staylng Well year has been dominated by ensuring Moni and Clalre settle into the team, working alongside the two long-stsnding Staying Well worters Helen Doodson and Hayley Conlon. They are dirertly managed by the Association but remain Calderdale Counol staff who have been seconded to US. They receive referra15 of clients, undertake l-l dient work. and refer clients on into existing activities in the Upper Valley which ffleet the clienvs specific need5 or wishe5. They also work with communlty organisations across the patch to support them and connect them together. The team has Settled really well and driving the vffjrk forward across the patth: for Staying Well purposes this is the 4 Council Wards which form the Upper Calder Vallev Ithe wards Todmorden. Calder, Luddendenfoot and Ryburn). The NHS wortd is changing and focusing much more on "neighbourhoods" or 'loealities' thrngh Integrated Neighbourhood Teams {INT) mapped on Primary Care Network Ilnes. patch straddles two INT'5 - covering the Upper Valley and Calder & Rybum (which confugn9ly is not the Same as the Calder Ward 11. Our Executive Director has been asked to co-chair the core group driving the Upper Valley INT and thi5 role will unfold more during 202512026. Staying Well is a key strand of our Strategic Objective of wldenino our reach into the community outslde the Town Hall. A home for vibrant community actlvlty We have had another 5ucces5fv1 year in temis of room hire, use by the community and in delivering weddings and other special events. In particular. we have delivered a new record number of weddings during 202412025. Durlng 202412025 24 groups (202312024 24 9ThJps) used 5pace5 in our building for wular weekly activities and wblic events. Many of these groups have been hiring room5 for several year5 and are well established in the Town Hall calendar. In addition to the weekly groups, another 16 groups1202312024 16 groups) used our spaces for monthly meetin9s, induding a death. dying and bereavement group. support group for families with disabled children, and a U3A Book group amongst others. Another 100 groups (202312024 83) used our rooms for ad-h¢x events. For example. an Eid Party, COVID Vaccination Clinics, a Jewish girls club from Manchester. the now annual range of student groups for visits and acting as the ￿hearSal space for ()Jt in the Valley's annual pantomime. We have also developed a range of regular twsiness users in terms of room hi￿r5 who come for periodic meetings, away day5 and the like - Newground, mom Incubators and 81uefin have featured this year. Page 3 HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31sr AUGusf 2025 OBJECTIVES AND ACTIVITIES A home for vlbr•nt communlty •ctlvlty (conL..) We are pleased with the diversity of the community groups using the T¢)wn Hall and we are delighted to host such a wide range of activities suitable for all ages. stages and interests. There remain a range of activities for everyone from the communty. We are also pleased. as ever, and in spite of everything, to have several group5 try out new initr"atives in the Town Hall. This year we have hosted several theat cornpanies, some like Heroica giving performances others Ilke Northem Broadsides and Quarantine usin9 our spaces for devd*Jping new productions ar￿ rehearsals. Familie5 use our spaces to come tO9ether and cdebrate important occasions or to ￿rneMber loved ones. In 202412025 we hosted: 40+ weddings anLI civil partnerships - a varied range of large and srnall cerernonles, some with large receptions. some with just celebratory drinks 15+ parties and other celebrations - With a huge range from engagements, birthdays, wedding anniversaries and retirements. Chjr bullding fv1fi1s an important avic fvnrtiofft. Hebden Royd Town Council is based at The Town Hall and, along with Erringden. Wadsworth. Blackshaw Head and {much less frequently) Heptonstall Parish Councils, use our spaces regularly for full counol and committee meetings. Festivals and speclal events The Town Hall was bom with the v15ion to make It the Ixjildlng Into a centre of civic life the range of special events held here over the year5 along with the buildlng's role as the hub for many of Hebden Bridge's ère testament to the delivery of this vision. Some of the hlghlights this year have been the continuing Hebden Bridge Literary & Scientific Soaety pro9ramme of talks, an event calleil Grow & Graze focussing on local food production. various consultatlon events including for West Yorkshire Com￿ne￿ Authority and conceming the proposed Calderdale Eneryy Park, and hosting several events associated with the Riot Women TV programme. We have hosted multiple markets two of the ever-popular Hebden Brbdge Wl Rag Markets. our annual Print Fair, Milltown Arts. Open Studlos and various makers fairs. We have hosted the Arvon Centre staff team when their recent re-development left them tern￿rarity homeless and once again have hosted Covid vaccination dinics In the Waterfront Hall on various day5 Sundays to ease the pressure on local NHS surgerles. We have hosted several t)op-up displays in our recepbon area by local NHS services and other groups to raise awareness and promote participation. These included men's hea￿h and screening aniy Breast Cancer Awareness Exh5bltlons During 202412025 we hosted 13 exhibitlons each with a speclal connection to the area and to local people. These included: A 60th anniversary of the Pennine Way touring eXhibIt￿n. Grassland Fungi. A Community Quilt project. Pennine Heritage ran two exhibitions including on the After All￿ project. Our annual exhibitions by Hebden Bridge Camera Club and the Print Fair. Open Studios & Milltown Arts held exhibitions. Three local photographers: David Mosleyi Sarah and Jenny StLKk Our exhibition pro9ramme 15 designed to both bring a range of people into the building, often for the first time which introduces them to our building and our offer, and bt provide5 Iritere5t and engagement for our regular5 and visitors to the town. Page 4 HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD RepoRT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGusf 2025 OBJECTIVES AND AcfivmES The Town Hall Café Llmlted The Town Hall Café Limited wa5 incorporated on 2nd February 2016 (Company No. 9981542) as subsidiary of Hebden Bridge Community Association. This action was taken to ensure the Association continues to meet our charitable objertives and responsibilltles. The Cafe reports accounts as a separate company.. 202412025 is the tenth year of trading (with 9 full years trading). There 15 a detailed agreement settlng out the relatlonshlp between Hebden Britlge Communlty Association and the Town Hall Café Limited originally signed off by the respertive organisation's Boards in the autumn of 2016 which Is updated annually and agreed by the respertive Boards. The Association retains ownership and responsibility for the capital a￿ets of the Café and because of this considers the capital Investment needs of the Café on an annual basis. Our goal is to take a proactive approach to capital asset replacement. The Association and the Café continue to invest in other improvements internally and externally to develop our Café and Catering offer. Once again, we must specifically thank our volunteer Jane and her partner lan who have done an amazing job in maintaining the extemal planters in the Courtyard throughout the year- thanks to all. This has been another good yearfs trading in the Café and perfonnance has been above our expectations. We are delighted to record that the Café ma(Je a £10.854 surplus in the Financial Year 202412025 {see Note 9 to the Accounts}- The Memorandurn and Artides of Assooab"on of the Town Hall Café Limited set out that any profits of the Cafe shall be applied to either (i) create a general ￿SerVe for the continuation and development of the Companyi or lill to make payments to Hebden Brtd9e Community A550ciation. The Café's surplus from 202412025 wlll be donated to the Assooation. Supportlng local bu51ne55es Over the year we have continued to look for ways to support local businesses to grow and thrive starting wlth those who are business tenants arKI co-workers iwt also looking beyond to the wider local Hebden Bridge economy. Our building includes offices and business units with high-speed dedicated fib￿lIne. We have a full building with 34 units occupled at the end of 202412025. The recent additions of our second co-worknng space {which opened in September 2023) and the dedicated-desk offer (which opened in August 2024) conb.nue to be successful. adding to our offer to local businesses. The dedicated desks were Tilled in Febnjary 2025 well ahth￿ of our eXperta￿OnS. This enabled us to boost our nurnber5 of co-worker5 which we had been limiting because of capacity issues. At the end of this Financial Year we had 30 users of wther our co-working or co-working+ packages with an additional 5 people taking our mailbox facility. Our tenant turnover has On￿ again been dufing most of the year and once again we end the year ith the majority of our business tenants based in the ueative and dlgital industries in line with our ERDF grant requiremernts. Looking ahead we are trying to find a lasting solution for our co-workers whg need private spaces for telephone ca115 and online meetings. We can manage this within the tyjilding m05t of the time but it would be wonderful to be able to create a permanent space for our users. Page 5 HEBDEN 8RIDGE COMMUNZTY ASSOCIATION LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AtIGUST 2025 OBJEcfivES ANO ACTIVITIES Hope Chapel In spring 2024 the Association was asked to assist Hope Chapel Cto and the Yorkshire 8aptist Association {YBA) in the management of Hope Chapel in Hebden Bridge. The Chapel is Grade Il listed and built in 1857 and remains a prominent building on the main road through Hebden Brbdge opposite the cinema. This request wa5 formalised from 1st May 2024 on a li￿nce to occupy basis for an init￿1 5-month terrn to the end of September 2024 with a long-tenn goal of taking a long lease of the building The orlginal intention had been to sign a second longer-tem agreement from Ottober 2024 through to the summer of 2025 whilst negotiating the longer lease. That second stage agreement would have given some horizon for our involvement: enabling more effettive use of our staffing resources and planning longer tem with potential hirers. Sadly* that has not been achieved. and the agreement has contlnued throughout 2024-2025 on a rolling monthly basis. At the end of thi5 financial year in summer 2025, it became clear that YBA no longer had an appetlte for a long-lease and that the only optlon available Is to explore purchasing the Chapel. The Association and the Trustees are parts"culady mindful of one of our charitsble obierts 'the preservation of buildings or sites of hrstoric or ard)itectural Importance" and have continued to believe that every avenue should be explored to their natural end{s) in order to preserve the bu•lding for the benefit of the communlty. Our goal has been to establish whether it Ivas feasible to make the Chapel financially viable. The Trnstees and staff have responded positively to this challenge and beI￿ve that there are ways to make the Chapel financially vlable in the medium term, and posgbly in the short-tem. Negotiatlons are continuing. Our wlder rol• in the communlty During 202412025 our Executive Director continued to serve on the Hebden Bridge & Mytholmroyd Town Development Board. This is a regular meeting bringing together Calderdale & Town Councillors, local businesses. and the voluntary and community sertor to look at key issues affecting the local area - with a specific focus on the economy. Our Executive Director serves as community representative. Those familiar with Hebden Bridge's recent history will be aware of our flood story arising from the Boxing Day 2015 and February 2020 floot15. We are ready to respond again should the need arise. Our Executive Director is a ￿gUlar attendee at the Hebden Bridge Hood Alleviation Scheme meetlngs. again as a community representative. We continue to try and clarify our role and improve our abllity to respond to near-miss flood events. A new development we have been pursuing this year is ex ￿¢)ring the possibility of another a55et transfer from Calderdale MBC - this tome for the toilets on Valley Road. We have a vision to create a Changing Places toilet. People with profound and mU￿1ple learning disabilities or wlth physical disabilities such as spinal injuries. muscular dystrophy and multiple sclerosls often need extra equipment and space to allow them to use the toilet5 safety and comfortably. These needs are met by Changing Places toilets. Changing Places Toilets enable anyone. regardless of their disability. to go to the shop5. attend GP appointments, enioy community life. sociallse and travel. All the things that most of us take for granted every day. The nearest such toilets to Hebden Bridge are in Todmorden or Sowerby Bridge. We have made good progress during 202412025 and hope to be able to finalise our plans in 202512026. European Regional Development Fund In our 201412015 ￿port we set out the detailed Trjtputs from our European Regional Development Fund {ERDF) project which was an investment of £1.25 million in the overall capital project of creating the modern extension to the exisb.ng Town Hall and invested funds to 5UPPOrt the development of enterprise aspects of our development. In 201512016 & 201612017 we completed "Article 55" returns to ERDF.. these were a method of ensuring the Sound and efficient use of the EU budget and in particular to avoid grant funding more than is necessary in respect of revenue-generating projects when a loan mTrght have been more appropriate. Those returns showed the Association had maintained delivery al￿ned to the original ￿an$ and within the tolerantes of the grant fiJnding requirements. We have not been asked to complete an Article 55 retum since, t￿t we continue to monitor and ensure we maintaln allgnment with the original plan5 for the life of the project whith is up to 20 years. Page 6 HEBDEN BRIDGE COMMUNITY ASSOCIAT1014 LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 202S OBJEcfIvES AND ACTIVITIES Runnlng bulldlng and developing our team During the year we have continued to work to improve our administrative systems and policies. develop our staff team. support our volunteers. and maintain the building. We estimate an average daily footfall of 300ppl into the Town Hall, meaning on annual footfall of roughly 90.000. It is a dally challenge to keep the lyjilding In a g¢xwJ condition. The Trustees are grateful to our cleaners and caretakers Jo and Aison. our Faciliiies Co-ordinator James and hls replacement Tom (who was p￿vioUSlY our cleaner) and our Duty & Event Officers who contonue to deliver a clean and well-malntained building for all. In 202412025 we completed the following major refurbishment I repair projects- We have completed refurbishments of 4 of the 5 toilets on the ground floor: these get the heaviest use We have refurbished two brew stakn.ons - primarily used by our tenants and c0-w0￿er5 and some room hirer5 We have replaced the fl¢)oring of our main stairwell, and We have replaced the carpet tiles in the Terrace Rcom with a laminate flooring This is a significant round of refvrbishments in area5 01 heaviest usage by the public. and In renewing the flooring in the Terrace Room we are seeking to improve the quality of this space for it's rnany uses. We have drawn on our accumulated reserves for these projects. Day to day responsibility for the Association rests with the Executive Director: Graham Mynott. Over the course of 202412025. the Assooation employed Verity Herrington (Events Manager), Christine Wright (Administrator), Jo Norris (Caretaker) and ellie (Book-keeper) in the same roles. During the year we also employed James Cragg {Facilities & 8uildirwJ Manager) and Tom Lockett {Cleaner), James left our employment, and Tom was recruited as Faalities Manager in his pla￿. James. deparbjre led to a decision to spllt hls previous role, and we have created a new part-time Business Administrator positlon, employing Sarah Grinsted. We have al￿ recruited Alison Maher as a new part-time Cleaner at the same time to replace Tom following his promotion. The following pemianent Café staff were also employed during the year by the Association: Amber Roberts (Catering Manager), Dave Glover, Kelly Western, Naorni Marshall, Sophie Reckless and Pickersgill. We have continued our broad approach to (￿r duty and events work outside office hours work acro55 evenings and weeken(Js but the increasing number of weddings, receptions arml larger parties in our diary Is ¢Jemanding higher and changing staffing levels to ensure we can property support them and avoid staff burnout. We now have both Allsa Wilson and Esme Leath a5 fv11 time Caterlng & Events Co-ordinators (wlth Esme starting this role Just after the end of our 202412025 Finanoal Year) and continue to employ Sam Doty as Events Co-ordinator. In addition. we conknnue to have a regular and changing pool of casual staff who we call upon when necessary to support our work in both the Café and in our Events I Caterin9 team. Over the course of the year the only contracted employee we have said 9oodbye to is James Crngg. James has filled a key role for us as Facilib"es & Building's Manager for Just under 4 years. The Trustees wish to expre5S their thanks to James for hi5 service. This year we￿e invested in staff training covering First Aid at Work and Food Hygiene amongst others. The staff team are supported in their work by our fants5tic team of volunteers who lead on our reception function, welcoming people into the tr￿1￿10ng. The building wouldnl land doesn't) function as effectively without them. In August 2025 we had 19 volunteers for reception duty, most of whom have been with U5 for many years. Most of the volunteers cover a re9ular weekly shift of two hours. Others prefer to be on standby to cover holidays and tlme off. The Trustees would like to extend grateful thanks to all our Volunteers for their time and commitment. The Trustees also wanted to specifically thank Jan Scott who continued to offer wonderful support as our Volunteer Co-ordinattjr. During this year our ffinandal procedure5 and the facilities management has continued the annual proces5 of improvement and refinement. and as a l)oard of trustees we work with monthly management accounts to keep on top of financial performance. Our facilities coordinator scnjtinises MaIntenan￿ contact5 and buildin9 overheads at contract ￿tte￿al and the staff team work to keep office costs to a minimum. Page 7 HeBDEN BRIDGE COMMUNITY ASSOCIATIOM LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025 OBJEcllvES AND ACTIVITIES Our challenges We have three main challenges going forward in our core l)usiness (leaving aside the wtential challenges arising from Hope Chapel, see above). Firstly. the continuing need to restore the old part of the Town Hall. The fabric of the building still needs much attention, and we want to increase wider public usage. We have struggled to make progress on the next stage of our Project Development Plans this year this was work funded by the Architectural Heritage Fund a couple of years ago. The staffing capacity we have to pursue that work has been impacted by the commitments involved in managing Hope Chapel, the loss of management accounting capacity in late sprfjng 2024 which were not resolved during 202412025 and the addrtional staff fflanagement responsibilities arising from Staying Well and Cancer Support since early 2025. We hope to be able to retum to this in 202512026. Secondly: financial sustainability. IVS nearly 6 years since we put in place a new 5UStainable loan agreement with Calderdale M8C which replaced the arrangements we had wtth Social Investment Buslness. Our baseline position is much more stsble as a result. but there is sb"Il the need to rnanage the building effectively and efficiently to generate sufficoent income to malntain and upgrade the Town Hall. In this respert, we also recc•Jnise that the building is close to capacity Ydhich means our ability to generate higher levels of income is restricted to ralsing prfces or curtalling expenditure and given the continuing internal and external p￿s￿reS - such as staff costs and utilities - it is a continual challenge to maintain our financial sustainabS11ty. Our third priority Is sustainability in the widest sense. We have spent time and resources in a drlve to reduce our carbon emissions. and we are still expecting new challenges to arise in the future with the unique potential impacts on the building arising from the Hebden Bridge flood alleviation scheme which we must conslder and prepare for. What nex Our last Strategic Plan ran from 2022-2024 and ￿ overdue for a refresh which will be taken forwar(J In 2025-2026. It had 3 strategic objertives: we do not expect these to change much in the revised Strategy: Widen our reach with the Ccrtnmunity thr￿gh the continuation and development of the Staying Well- building on the legacy of Hebden Bridge Partnership and our commitments to continue their work,. securing our role as a community hub (Including cwr poytr.on as an emergency hub for Hebden Bridge); and further developn9 our membership scheme. We are likely to add a priority within here relating to Hope Chapel In the next Iteratyon. Create an environment to enable businesses to thrive here through maintaining the quality of our business unit offer; dellvering and maintaining our co-working packages taking advantage of opportunities to expand the space we make available for this within the buildingi and continuing to develop our wider relattonships with local business group5 in the town and across the District. Keep the Town Hall operating successfully with a focus ¢)n our long-terni viability through further developments to enhance the event. catenng and room hire offer we make and taking forward the optlons aroslng from our AHF funded Project Development work on the old building. Page 8 HE8DEN BRIDGE COMMUNrrY ASSOCIATION LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025 STRATEGIC REPORT Reserves policv The 8oard of Trustees reviews Hebden Bridge Community Association's reserves policy annually. There are two categories of reserves: the General Fund and Restricted Funds. General Fund In COn￿dering the level of the General Fund that Hebden Brhlge Community Association should aim to hold, a range of fartors needs to be considered Including the main risks to the organisation. The overall aim 15 to distribute fund5 quickly to our charitable activitie5, whilst maintsinlng a pnjdent level of reserves to ensure stability and flexibility. It Is assumed that on occasions flurtuab.ons will occur in both income and requirements for fvnding which cannot be fully antiapated in the planning process. In light of this, the trustees have determined that an appropriate reser¥es policy for the Hebden Bridge Community Association. is that general unrestricted fvnds (which have r￿t been designated for speciflc purposes) should be at least 12 months of expenditure. Whilst thi5 is not currently held as a cash reserve, the management team are confident that It has been achieved by way of the rental income and the grant funding which have al￿adY been secured for the coming 12 months. The Board has also identlfied 3 areas where funds historically identified as general unrestricted should now be designated for specific purposes and recorded as such in Hebden Bridge Community Association's Accounts: In the light of the Boxing Day 2015 and February 2020 floods and our continuing inability to secure insurance cover for our basement contents. the Board has a goal to establish a designated Flood Fund of £45,000. As at 31 August 2025 the balan￿ of thi5 fund was £20,000 (unchanged since 31st August 2024). The A55QCiation has not been "out of pocket. in the aftemiath of the Boxing Day 2015 or February 2020 floods.. this fund has been designated because we cannot be eertain that we will be so fortunate in the future. The Board ha5 a long-stsnding commitment to designate a property reserve fund to allow for ture re￿acement costs once the initial depreaation charge5 arising from the new build tailed off. In addition, as identified elsewhere. the Association continues to identify issues with the fabrlc of the old and new parts of the Town Hall. As a result of this the Board has a goal to establish Property Reserve Fund of £101.186 (representing £53,086 for the old Town Hall and £48.100 for the newl. As of the 31st August 2025 £30.000 has been allocated {£16.000 for the Old Town Hall & É14,000 for the new): this is unchanged from the position at 31st August 2024. Café Fixed A55ets the fixed assets in the Café remain In the ownership of Hebden Bridge Community Association. The Café makes monthly payments (as detailed in the annually updated agreement between Hebden Bridge Community Association and the Town Hall Café Limited). This was originally based on analysis of the cost of all Café-related assets to date. The Association has completed its scheduled year-end exero5e of comparing the Fixed A55et charged to the Cafe against the actual Fixed Asset depreciation. As at 31st August 2025 the cumulative surplus arfslng for HBCA is £2,810.97. This designated fund was not drawn upon during 202412025. The charity continues to try to identify and explolt opportunitie5 to develop unrestricted funding. with an emphasis on continuing to diversify the income streams Hebden 8rHdge Community Associatlon ac￿sseS through further developing the charity's contractin9 and commissit)ning of services and Increasing our fundraising income. The aiffl 15 for Hebden Bridge Community Association to increase the level of commissioned income, corporate income. individual giving and events income and thereby generate sufficient income to maintain our loan repayments due and enable us to deliver a pro9ramme of improvements to the old tsjilding over the coming years. Restrfcted Funds Restricted funds are subject to specific conditions imposed by donors. We alm to minimise the levels of restricted funds, but balances arise due to timing differences betvdeen receipt of the Income and expenditure on the specified purpose. Most restrirted funds have a ￿latIvelY short timescale for spending. but these tlmescales don't alway5 fit neatly into our financial years. so a￿ often unspent fijnds at the Year End. The ERDF restricted fund operates very dofferently and will remain on our book5 for some time. Page 9 HEBDEN BIUDGE COMMUNrrf ASSOCIATIOM LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025 STRATEGIC REPORT Flnanclal revlew Principal funding sources The Trustees aim to prioritise awlications for grants and other funds to supplement the operational income from the running of the T¢)wn Hall over the next 12 months. During this year the Trustees have maintained an investment of £IOO.000 cash ￿erve but declded during the year to reinvest the interest thi5 generates to the reserve rather than draw it as a monthly income. As a result. the fvnd has grown to just over £103.000. This approach wlll be malntained during 202512026. Page 10 HEBDEN BRIDGE COMMUNrrY ASSOCIAnON LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 202S STRucfuRE, GOVERN44NCE AND P4ANAGEMÉNT Objectives and alms The charity is controlled by its governing document, a deed of trust. and consti￿te5 a company. Ilmited by guarantee. as defined by the Companies Act 2006. The company was incorporated on I September 2008 and recwved charitable status on 19 January 21)09. The company was established under a Memorandum of Association which established the objetts and powers of the charitable company and is govemed under its Articles of Association. In the event of the company being wound up members are requlred to contrltyjte an amount not exceeding £1. The charity's objects are: l To further or benefrt the residents of Hebden Bridge and the neighborhood. withcwt distlnction of sex. sexual orientation, race or of political. religious or other opinions by asSOClating together the said residents and the local authorities. voluntary and other organisations in a common effort to advance education and to provide facilities in the Inte￿Sts of social welfare for recreation leisure time occupation with the objective of improving the conditions of life for the residents. 2 To promote for the benefit of the publlc the urban or rural regeneration in areas of social and economic deprivatlon and In partiajlar in Hebden Bridge and the neighl)othood by all or any of the following means.. the prtjvision of financial assistance, technical assistance or business advlce or consultancy in order to provide training arK1 employment opportunities for unemployed people in cases of finanaal or other charitable need through help (a) in setting up their own busine55 Qr {b} to existing businesses the creation of training and employment opportunitie5 by the provision of w0￿$pace, buildings. and / or land for use on favourable terms the maintenance. improvement. or provision of publ￿ arnenities the preservation of buil(Jings or sites of historic or architectural importance the provision of recreational facilities for the put￿lC at large and / or those who by ￿asOn of their youth, age, infirniity or disablement. financial hardship or social and economlc clrcumstances have need of such facilities. the protection or conservation of the environment The Trustees complete an annual exercise to consider whether the objects remain appropriate: no amendments were considered necessary during 202412025. The Trustees consider that the Staying Well project's reach across 4 Calderdale wards is within the tharity objects. In the light of discussions at the AGM for the Financial Year 202312024 which took place in March 2025 the Trustee5 have embarked on a review of the Association's Constitution using an eXperien￿d firm of charity-speoalist lawyers which is expected to complete during 202512026, hopefully in time for di5CU55ions ot the next AGM. Ensurlng our work dellvers our aims Hebden Brfdge Community A550ClatlSYl's main d¢xument provlding the framework for our Trustees to review our alms, objectives and progress ¢Jn a regular basis is our Strategic Plan. This Is overdue for a refresh and this wlll be tsken forward in the coming financial year. Future Income and capital needs We seek to maximize our income from all our revenue streams: the hire of our space5 to both community an(J business users. business unit rerbtal and co-workers using our hot-desking facilities. grant, trust and contract income along with other fundraising activity. profit dlstribution from The Town Hall Café U"mited (whKh is a subsidiary company that distributes profits back to the Association)- Calderdale Council has continued to be an anchor tenant in the old building. The original 10-year lease agreement was rolled-over and a new lease ag￿ement at a lower price is in effett from November 2023. The lease docurnentatlon Is not yet signed but the eX￿tIon 15 that the agreement will run for 5 years until the end of 2028. The resources available to HBC4 will always be limrted by the number of avallable busines5 unit5 and hireable spaces and so the charity relies on grants and donation5 to generate additional funds, for example for capital improvements to the building. Page 11 HEBDeN BRIDGE COMMiINITY ASSOCIATION LTD REPORT OF THE TRu￿EEs FOR THE YEAR ÉNDED 31ST AUGUST 2025 STRIJCTURE, GOVERNANCE AND MANAGEMENT Future income and capltal needs (cont.-.) Since February 2020. the Charity has managed the new loan cornrnitinents wlth Calderdale M8C as they have fallen due. The trustees have l¢)oked at the requirements of the charity and a9reed a reserves policy which seeks to build up general unrestricted funds to a position where they rep￿sent twelve month5. operational ¢05ts. This wouIL1 enable the charity to continue the Current activities for a short term in the event of a significant drop in income (see also under Financial Review. below) Plans lor the futurn The Trustees continue to alm to prioritlse the applicati¢)n for grants and other funds to supplement the operational income from the T04¥n Hall over the next 12 months. Public benefit The trustees have referred to the Charity Commi55ion's general gUIdar￿ on public benefit when reviewing the Association's aims and objertive5 and in planning fijture ottivities. In particular. the trustees consider how planned activities will contribute to the aims and objectives they have set. Recrultment and appolntment of new trustees The directors of the company are also charity trnstees of the Assoclation and are eletted by the membership of the Assooation. Trustees normally serve a three-year temi and can serve a maximum of two terms before standing down for at least a year. Up to two co-options may be made by the Board at any one time before co-opted Trustee5 formally join the Board at the next available AGM. All trustees give their time v(Auntarity and receive no benefit from the charity. Any expenses reclaimed are set out in note 5 to the accounts. The trustees try to maintain a broad Set of skills on the Board and bring a good range of experience to the role. As can be seen under the Reference and Administrative Details at the start of thls ￿pOrt. and as prefaced in our Trustees Report last year. we have welcomed one new Trustees {Jan Scott) dunng this year. Jan's date5 of co-option is provided in the Referen￿ and Administrative Details afr￿ve and Jan's appointments were confirmed at last yearfs AGM on the 29th March 2025. At the meeting, we had to say goodbye to two long standing Trustees - Jane Moms and Will Lake - who had reached the end of thwr 6 year term. The current Trustees would like to put on record their thanks to Jane and Will who seNed 50 ably during th#r time on the Board . with partiojlar thanks to Jane for ath.ng as Chair or Co-chair Sin￿ 2021. At the forthcoming AGM {scheduled for March 2026) 2 current Trustees will come to the end of thelr term. but they are eligible to stand again. The Trustees always welcome speaking to interested parties about joining the Board- we expect to launch a recruitment process around our AGM for the Finanual Year which is scheduled for March 2026. Org•nl$Jtlonal structure The board of trustees meets on a regular ba45. and 10 board meetings were held in the perlod 1st September 2024 - 31st August 2025. The 8oard can also meet Infomially from tr.me to time and for trdining as required: but there were none during 202412025. The Executive th"rector (who is not a trustee or director of the charity but 15 the Company Secretary) reports to the Trustees at every Meeting prowding written reports on progre55 in all areas of the Charity. The Trustees continue to receive Information regarding the perfomance of the subsidiary: The Town Hall Café Limited (Company No. 9981542> on a reoular basis. The Executive Director Is a Dirertor of the Café and one of the Trustees takes an overview (but is not currentyy o Dlrertor of the Café). The Café ha5 Its own Board meetings as well. Page 12 HEBDEN BRIDGE COMMUNrrY ASSOCIATION LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2025 STRUCTURE, GOVERNANCE ANO MANAGEMENT Indurtlon and tralning of new trustees New trustees receive an induction pack of infomiation. providing the Memorandum and Artides, the latest Financial Statements, Policies and other governance documentats.on and usually have di5CUSsions one-to-one with the Chair and also With the Executs"ve Director. All trustees are pointed to the Charities Commission guidance on the obligat￿5 and responsibilities of charity trustees and to Companies House for guidance on the obbigations and responslbilotles of company directors. Pay Polky The board of tru5tee5 consider the pay of the Executive Director and staff team annually* consldering the nature of the charity, the overall finanoal position and benchmarkin9 to similar roles in simllar organisations where p055ible. External benthmarking was last conducted during 202112022 for some roles in the organisation. A formal written Pay Policy wa5 adopted duriry 202012021. The Trustees have an asplratfjon to align our salaries with the ￿VIng Wage Ftyjndation's living wage across the staff team. Rlsk management The trustees have a duty to identlfy and review the risk5 to whith the charity 15 exposed and to ensure appropriate controls are In place to provide reasonable assurance against fraud and error. The Board last undertook a risk management assessment in preparing the 2022-2024 Strateglc Plan and a refresh is now overdue. This induded consideration of the Charity Commission'5 latest guidance on the subject. Policies are C￿ated and reviewed to ensure that risk5 are Conside￿ and managed. and staff, volunteers and Town Hall users a￿ provided with information on health and safety. Our policy review process is an onooing priority in 202512026. ReFERENCE AND ADMINISTRATIVE DeTAILS Reglstered Company Number 06685276 {England and Wales) Reglstered C￿rIty number 1127597 Reglstered offlce Hebden Bridge Town Hall St George'5 Street Hebden Bridge West Yorkshire HX7 7BY Trustees J Morris (resigned 29.3.25) W Lake Ireslgned 29.3.25) A Gardner R Swindlehur5t R Blackwell S Barlow J I Scott {appointed 27.2.2S) PCGUY Company Secret•ry G N Mynott Auditors Cresswells Accountants (UK) Llmited Chartered Accountants and Ststutory Auditors 12 Market Street Hebden Brbdge West Yorkshire HX7 6AD Page 13 HEBOEN BRIDGE COMMUNITY ASSOCIATION LTD REPORT OF THE TRUSTeEs FOR THE YEAR ENDED 31ST AUGusf 2025 STATEMENT OF TRUSTEES. RESPONSIBILZTIES The trustees (who are also the directors of Hebden Bridge Comrnunlty Associatton Ltd for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 Yhe Financial Reporting Standard applicable in the UK and Republic of Ireland". Company law requires the trustees to prepa￿ financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting practi￿ (United Kingdom Accounb"ng Standards and applicable law). Under company law the trustees must not appr The notes form part of these financial statements Page 22 HEBDEN BRIDGE COMMUNITY ASSOCUTION LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025 ACCOUNTING POUCIES BJsls of preparlng the flnanclal statements The financial statements of the charitable company• ¥yhich is a public beneft entlty under FRS 102, have been prepared in accordan￿ with the Charities SORP {FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparlng their accounts in accordance with the Financial Reporting Standard applitable in the UK and Republic of Ireland IFRS 1021 {effectlve l January 2019)., Finanaal Reporting Standard 102 The Finan¢ial Reportlng Standard applicable in the UK and Republic of Ireland. and the Companies Act 2006. The financial statements have been prepared under the historical cost corwention, with the exception of nvestments which are included at market value. The charltable company Meets the definition of a public benefit entlty under FRS 102. The functional and presentation currency of the charitable company 15 considered to be pound sterling 1£) because that is the currency of the primary economlc environment in with the company operates. the finanaal statements have been prePa￿d using ￿nd pounds only. Preparatlon of consolidated financlal stateM￿ts The financial staternents contaln infonnation about Hebden Bridge Community Assoclation Ltd as an individual company and do not contain consolidated finanoal information a5 the parent of a group. The charity is exempt under Section 399{2A) of the Companies Att 2006 from the requirements to Prepa￿ consolidated finanaal statements. Income All income is recognised in the Statement of Financial Activities once the charoty has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Income is the amount derived from the provision of goods l seNice. and stated after trade (Jiscounts. other sales taxes and net of VAT. Donations and grants are recognised when the tharitable company has been notified in writing of both the amount and settlement date. In the event that a donation or grant is subject to conditions that require a level of performance bef¢ye the charitable company is entitled to the funds, the income Is allocated to a separate restrirted fund and recognised as those conditions are met. Dividends are recognised On￿ the dividend has been dedared and notification has been received of the dividend due. Expandi￿re Liabilities are recognised as expenditure a5 S￿)n as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where cost5 cannot be directly atiribuied to particular headings they have been allocated to activities on a basis consistent wrth the use of resources. Grants offered subject to condition5 which have not been met at the year end dète are noted as a commitment but not accrued as expendiiure. Tan9lble flxed assets Depreciation 15 provsded at the following annual rates in order to wrote off each a55et over its estlmated useful life. Lon9 leasehold Fixtures and fittings Computer equipment over the term of the lease 25% on cost 25% on cost Tangible fixed assets are initially recorded at cost. Each year the trustees undertaken a reV￿W of the useful economic lffe of ea¢h asset and make changes to the depreoation charge as a result of this review when nety5ary. Page 23 continued... HE8DEN BRIDGE COMMUNITY ASSOCIATION LTD NOTES TO THE Fif4ANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST AUGusf 2025 ACCOUNTING POLICIES - contlnued Taxatlon The chanty is exempt frorn corporatoon tax on its char?table acbvities. Fund accountlng Unrestrirted funds can be used In accordan￿ with the charitable objectives at the discretion of the trustees. Restrtrted funds can only be used for particular restricted purposes within the objects of the charity. Re5trirtions arlse when speofied by the donor or when funds a￿ raised fr)r particular restncted purposes. Further explanation of the nature and wrpose of each fund Is induded In the notes to the financial statements. Penslon Costs and other post-retlrement beneflts The charitaNe company operates a defined controbution pension scheme. Contributions payable to the charitable company's pens￿)n scheme are charged to the Statement of Financial Activities in the period to which they relate. Investments ITr subsidiary undertaklngs Investments in subsidiary undertakings are Initially recorded at Costs with consideratlon taken for any diminutlon in value with is experted to be permanent. DONATIONS AND LEGACIES 2025 2024 t)onations Grants Oividend5 from svbsldiary 2.510 101.463 4.751 139.109 113 769 Grant5 received. induded in the above. are as follows: 2025 2024 CM6C - staying Well Micro-commissioning Staying Well Other Restricted Clirnate Emergency Warm Spa￿5 Staying Well 2 Mental Health & Wellbeing Cancer Support Other grants 17,747 {2.226) 9,870 1,383 16,037 94,234 7,333 69.436 34,253 101463 INVEsfMENT INCOME 2025 2024 Interest re￿•vable on detKJ5its Page 24 continued... HEBDEN BRIDGE COMMUNrrY ASSOCIATION LTD NOTES TO THE FINANCIAL STATEMENTS - c¢)ntlnued FOR THE YEAR ENDED 31ST AUGUST 2025 INCOME FROM CHARrrABLE AcfiviTIES Tenants Business Community Weddings and events Rental income & room hire Recharye of facilities Other income 209.225 13.139 13,060 38.041 44,829 Operat•onal Refvrbish 2025 2024 Rental income & room hire Recharge of facilities Other income 305,155 13,139 277,026 14,118 326 385 307 786 CHARITABLE ACTIVITIES COSTS Grant fvndin9 of artivities (see note 6) Support costs {see note 7) Dirrft Costs Totals Operational Regular SeNicing Access Grant Co-op Funds Nicro Commissioning Tl Other Restricted 40602 Crucible staying Well 2 Mental Health & Well being 40606 - Warm Spa￿5 333.431 21.962 1,028 2.185 433 1.363 20,226 353,657 21,962 1,028 2,185 433 1.363 7,644 66,545 1,603 3,000 66,545 353 1,250 458 200 GRANTS PAYABLE 2025 2024 Operational Mlcro Commlssloning Tl 40602 - Crucible Mental Health & Well being 40606 - Warrn Spaces 2.563 6.005 3,000 1,117 3.000 1.250 The total grants paid to institutions during the year was as follows: 2025 2024 Mental Health & Wellbeing Warm Spaces 9,685 Pa9e 25 continued,.. HE8DEN BIUDGE COMMUNrrY ASSOCIATIOM LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2025 SUPPORT cosrs Governance costs Finance Tota15 Operational Support costs, induded in the above, a￿ as folbw￿.' Flnance 2025 2024 Total activities Operational Interest payable on loan from Calderdale MBC Governance costs 2025 2024 Total activitles Operational Auditors. remuneration Accountancy & bookkeeping fees Legal fees 3.368 2.773 3.000 5.502 t4ET INCOME/(EXPENDrnIRE) Net incomel(expenditure) is stated after chargingl{crediting)- 2025 2024 Auditor5. remuneration Depreciation - owned assets 3.368 3,000 TRUSTEES, REMUNERATION At4D BENEFITS There were no trustees, remuneration or other ber￿fits for the year ended 31st August 202S nor for the year ended 3 1st August 2024. Trustees. expenms The￿ were no trustees. expenses paid for the year ended 31st August 2025 nor for the year ended 31st August 2024. 10. STAFF COSTS 2025 2024 Wages and 5alarie5 Social security costs Other pension costs 210.617 7.844 156,682 8,117 227 563 172 419 Page 26 continued... HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD NOTES TO THE FINANCIAL sfATEMENTS - contlnued FOR THE YEAR E14DED 31sr AUGUST 2025 10. STAFF COSTS - contlnued The average monthly number of employees during the year wa5 as follows: 2025 14 2024 12 Catering Cleaning Adminlstratlon li 27 25 No employees received emolurneTrts in exce55 of £60.000. The Remuneration of the executlve dlrector (who Is neither a board member or trustee) wa5 £38,886 (2024: E37.486). Staff costs of £140,244 (2024- £124.079) were incurre11 In respect of the subsldiary undertaking and as such these costs have been transferred to the subsidiary undertaking. 11. COMPARATIVES FOR THE STATEMEiif OF FINANCIAL AcfiviTIES Unrestrirted Restricted nds funds Totsi funds INCOME AND ENDOWMENTS FROM Donations and le9aae5 15.449 139,111 154.560 Charitable activities Income from Businesse5 Tenants Cornrnunity Weddings and events Operational 13,131 198.323 44,300 25,689 13.131 198,323 44,300 25.689 Total 323 235 139 111 462 346 EXPENDITURE ON Charitable actlvltles Operational CMBC - Staying Well Regular SeNicing Micro Commisgoning Tl other Restrirted Climate Emergency 40602 - Cruoble Staying Well 2 Mental Health & Well being Hope 40606 - Warm Spaces 315.769 9.862 (9781 325,631 (978) 18,974 6,005 IS,988 8.568 6,720 11.867 4.098 657 18,974 6,005 15,988 6,720 11.867 658 (i) Total 413 568 NET INCOMEI(EXPENDITURE) (12.166) 60,944 48,778 RECONCILIATION OF FUIIDS Totsl funds brought forward 2,304.934 1,134,456 3,439,390 TOTAL FUNDS CARRIED FORWARD 2 292 768 1 195 400 3 488 168 Page 27 continued,.. HEBDEN BRIDGE COMMUNITY ASSOCIATION LTD NOTES TO THE FINANCIAL STATEMENTS - conunyed FOR THE YEAR ENDED 31ST AUGU￿ 2025 12. TANGIBLE FIXED ASSErs Fixtures and fittings Long leasehold Computer equipment Totals COST At 1st September 2024 Additlons 4,061,626 218.184 72,136 4.351,946 At 31st August 2025 4 089 018 221 403 DEPRECIATION At 1st September 2024 Charge for year 406,792 152.155 67,188 626,135 At 31st August 2025 NET BOOK VALUE At 31st August 2025 3 640 7A1 3 696 208 At 31st August 2024 3 725 811 13. FIXED ASSET INVESTMENTS Shares in group undertakings MARKET VALUE At 1st September 2024 and 31st August 2025 NET BOOK VALUE At 31st August 2025 At 3 1st August 2024 There were no investment assets outside the UK. The company's investments at the balance sheet date in the Share capital of companles Include the followlng: The Town Hall Café Llmlted Registered office: Hebden Bridge. Town Hall, St George Street, Hebden Bridge. HX7 7BY Nature of business: Cafe Class of share: Ordinary hokling loo 2025 2024 Aggregate capital and reserves Profit for the year 16,930 15,872 Page 28 continued... HEBDEN BRIDGE COMMUNITY AS￿￿rATIoN LTD NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDEO 31ST AUGUST 2025 14. DEBTORS: AMOUNTS FALUNG DUE wmiIN ONE YEAR 2025 2024 Trade debtors Amounts owed by group undertakings Other debtors Prepayments and accrued income 23.432 21.578 18.916 7.354 45 15. CREDITORS: AMOUNTS FALLING DUE WrnIIN ONE YEAR 2025 2024 Other loans (see note 17) Trade creditors Social security and other taxes VAT Other credltors Accruals and deferred income 17. 143 7,655 7,176 13,707 2,194 17.143 4.084 4.457 14,473 5.992 16. CREDITORS: AMOUNTS FALLING Due AFfER MORE THAN ONE YEAR 2025 2024 other loans (see note 17) 535 715 17. LOANS An analysis of the maturity of loans 15 given below: 2025 2024 Amounts falllng due wlthln one year on demand: Calderdale MBC loan Amounts falling between one and two years: Calderdale MBC loam Amounts falling due btheen two and five years: Calderdale M8C loan Calderdale M8C loan 15,000 15.000 Amounts falling due in more than five yea￿. Repayable by Instalments: Calderdale MBC loan Calderdale M8C loan 15.000 437,143 452 143 420,000 420 000 Page 29 continued,.. HEBDEN BRIDGE C014MUNrrY ASSOCIATION LTD NOTES TO THE FINAIICIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST AUGUST 2025 18. SECURED DEBTS The following secured debts are inclLKled within credrtor5: 2025 2024 Calderdale MBC loans 520 715 552 858 Other loans are secured by way of a charge over the leasehold hebjen bridge council office5 (title number WYK932446} and a fixed and floating char9e over all property or undertaking of the company. 19. MOVEMENT IN FUNDS Net movement in furKIs Transfers between funds At 31.8.25 At 1.9.24 Unrestricted funds General fund Designated fund Flood fund Property Reserve fund 1.827,182 405,587 20,000 (21,064) {3,701) 1.806.118 401,886 20.000 2.292,769 (24,765) 2,268.004 Restrlcted funds ERDF CNBC Staying Well Co-op Funds Acce55 Grant Micro-commissioning Staying Well Other Restrirted 40605 - Staying Well 40604 - Artive Calderdale 40606 - Wami Space5 Cruoble 40607 - Mentsl Health & Wellb•"ng 40615 - Cancer Support 996. 114 (7,978) 988.136 {845) 2.185 1.029 2.065 1.363 135.587 14.866 (2.1851 (1.0291 (2.6601 { 1.3631 2.890 845 250 {5,051) 133,426 14,866 3,271 30.465 1,633 {1.7801 {7,645) (1,602) s.osi 38,110 3.235 1 195 399 TOTAL FUNDS 3 474 304 Page 30 continued... HEBDEN BRIDGE COMMUNrrY ASSOCIATION LTD NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST AUGUST 2025 19. MOVEMENT IN FIINDS- contlnu Net movement in funijs. induded in the at¥)ve are as follows: Incoming resources Resources expended Movement in funds Unrertrfcted funds General fund Designated fund 342.876 (363,940) (21,0641 342.876 1367,641) (24.765) Restrlcted funds ERDF Co-op Funds Access Grant Micro-commissioning Staying Well Other Re5trirted 40605 Staying Well 40606 - Warm Spaces Crucible 40607 Mental Health & Wdlbeing 40615 - Cancer Support (7.978) 12.185) (1.029) 1433) (1,363) {66,545) (1,780) {7,645) (1,602) (7,978) (2. 185) (1,029) (2,660) (1.363) 2,890 {1,780} {7,645) (1,602) (2,227) 69,435 101 461 TOTAL FUNDS Comp•ratlves for movement In fvnds Net movement in funds Transfers between fund5 At 31.8.24 At 1.9.23 Unrestrlcted funds General fund Designated fund Flood fund Property Reserve fund 1.832.141 427.793 15.000 10.041 (22,206) 115.000} 1.827,182 405.587 20,000 5,000 2,304,934 (12.165} 2,292,769 Restrlrted funds ERDF CMBC - Staying Well Co-op Funds Access Grant Micro-Commissionin9 Stsying Well Active Calderdale Other Restricted 40603 - Climate Emergency 40605 - Staying Well 40604 - Active Calderdale 40606 - Warm Spaces Crucible 40607 - Mental Health & Wellbeing I,(MM,091 (12.78S) 2,204 1,045 8,070 1.849 10,746 (7.978) 18.725 (19) (16) (6.005) (1.849) (9.383) (8,568) 82.368 996,113 (5,940) 2,185 1,029 2.065 1.363 48.125 14.866 2,847 44.830 5,940 136.433 14.866 (2.847) (6.720) 38,110 1 134 456 1 195 399 TOTAL FUNDS 3 439 390 3 488 168 Page 31 continued,.. HEBDEN BRIDGE COMMuiifTY ASSOCIATION LTD NOTE5 TO THE Flf4ANCIAL STATEMENTS- ¢•ntlnued FOR THE YEAR ENDED 31ST AUGUST 20Z5 19. MOVEMENT IN FUNDS - Contlnued Comparatlve net movement in furnds, induded in the above are as follow5: Incoming Resources resources expended Movement in funds Unrestrfcted fvnds General lund Designated fund 323,235 (313.194) 10,041 323,235 (335,400) (12,165) Restrlrted funds ERDF CMBC - Staying Well Co-op Funtls Access Grant Micro-commisslonlng Staying Well Actlve Calderdale Other Restricted 40603 - Climate Emeryency 40605 Staylng Well 40606 - Warm Spaces Crucible 40607 - Mental Health & Wefibeing (7,978) 978 (19) (16) (6.005) (1,849) (15.988) (8.568) (11,866) (16.038) 16,720) (7,9781 18,725 (191 (161 (6.0051 (1,8491 {9.383) {8,568} 82,368 {2.847) 16,720) 17,747 6.605 94.234 13.191 139 110 TOTAL IEUNDS 413 567) A current year 12 months and prior year 12 months combined position is a5 follows: Net Transfers movement between in funds hJnds At 31.8.25 At 1.9.23 Unrestrlcted funds General fund Designated fijnd Flood fund Property Reserve fund 1.832.141 427.793 15.000 {11,023) (25,907) (15,000) 1,806,118 401,886 20,000 5,000 2,304.934 (36,930) 2,268,004 Restrlcted funds ERDF CMBC - Staying Well Co-op Funds Access Grant Micro-commissioning Staying Well Actlve Calderdale Other Restricted 40603 - Climate Emergency 40605 Staying Well 40604 Active Calderdale 40606 - Warm Spaces Crucible 40607 Mental Health & Wellbeing 40615 - Cancer Support 1.004,091 (12.785) 2,204 1,1)45 8,070 1,849 10,746 8.568 48.125 14.866 2.847 44.830 (15.9561 18.725 (2.204) (1.045) (8,665) [1.8491 (10.746) (8.568) 85.258 988,135 {845) (6.785) 250 889 134.272 14,866 3,271 30,465 1,633 (4,627) (14.365) 1.633 5,051 1 134 456 1 206 300 TOTAL VUNDS 3 439 390 3 474 304 Page 32 continued... HEBDEN BRIOGE COM14UNrrY ASSOCIATION LTD NOTES TO THE FINAhlCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST AUGUST 2025 19. MOVEMENT IN FUNDS- contlnued A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follobys: Incoming resources Resource5 expended movement in funds Unrestrlcted funds General fund Designated fund 666.111 {677. 134) (11.023) 666,111 (703,0411 (36,930) Regtrlcted funds ERDF CM8C - Staying Well Co-op Funds Access Grant micro-commi￿10n1ng Staying Well Actlve Calderdale Other Restricted 40603 - Climate Emergency 40605 - Staying Well 40606- Wami Spaces Crucible 40607 - Mental Health & Wellbeing 40615 - Cancer gjpport (15,956) 978 (2.204) (1,045) (6.438) 11,8491 (17,351) 18,568) (78.411) {17,818) (14.365) (5.701) {15.9561 18,725 (2,2041 (1,045) (8.665) (1,849) (10.746) {8.568) 85,258 (4,627) { 14,365) 1,633 L7,747 (2,227) 6.605 163.669 13,191 7.334 240 572 168 728 TOTAL FUNDS 871 769) Deslgnated lund In 2010 the leasehold building known as Hebden Bridge Town Hall wa5 gifted to the charity by CMBC the value of the gift in 2010 was £450,000. Flood Fund This fvnd has been designated to ensure that the association can met any uninsured costs incurred by fvture flo¢yJs. Property Reserve This fund has been designated to allow for fvt￿￿ repl￿ement costs to buildings. plant equlpment and fixtures. ERDF Is represented by grants received in order to aid the trwilding of the exten5ton to the town hall. CMBC Staylng Well The Staying Well scheme was set up to ensure older people and people with dementia have somewhere to go to socialise and Interact woth others. The grants given are for the administration of this Scheme within Hebden Brioge. Page 33 continued... HEBDEN BRIDGE COMMU141TY A5SOCIATXON LTD NOTES TO THE FINANCXAL STATEMENTS - contbnued FOR THE YEAR ENDED 31ST AUGUST 2025 RELATED PARTY DISCLOSURES The charitable tompany has taken advantage of exemption. under the terms of Financial Reporting Standard 102 The Finanoal Rekthng Standard ap￿iCable in the UK and Republic of Ireland,, not to disclose ￿lated party transartions with wholly owned Subsidiaries wtthln the group. There were no other related party transartion5 for the year ended 31 August 2025. Page 34 HEBDEN BRIDGE COMMUNrrY ASSOCIAnON LTD DETAILED sfATEMENT OF FINANCIAL ACTIVITIES FOR THÉ YEAR ENDED 31ST AUGUST 2025 2025 2024 INCOME AND ENDOWMENTS Donatlons and legaclos Donations Grants Dividends from subsid￿ry 2.510 101.463 4,751 139,109 113.769 154,560 Investment income Interest receivable on depos 4,182 Charltable actlvltles General Other income 313,246 295.965 326 385 307 786 Total Incomlng resources 444,336 462,346 EXPENDITURE Charitable artlvltles Wages Soclal secunty Pensions Rates and water Insurance Light and heat Telephone Postage and statlonery Advert15ing Sundries Repairs & maintenance Cleaning Computer repairs & maintenance Llcences Room hire Subscrtptlons Employee & volunteer expenses Employee training Bal debts Bank & paypal charges Contribution towards operational costs LorwJ leasehold fixtures and fittings Computer equipment Gr￿tS to institutions 210,617 7,844 9.102 10,711 15,508 48,022 5,927 2,063 3,379 1,051 15,741 9.624 18.871 1.450 301 2,138 1,290 1,474 1,137 1,451 156,682 8,117 7,620 8.627 15,228 60,376 5.029 1,613 10,471 143 24,025 10,966 17.383 1,076 1,729 1.386 2,079 (137) 3,223 {1) 33.117 4,323 3,762 41.sls 20,091 2.637 437,974 389,522 Support costs Plnancq Interest payable on loan from Calderdale MBC 12.605 12,605 This page does not form part of the statutory financh31 statements Page 35 HEBDEN BIUDGE COMMUNITY ASSOCIATION LTD DETAILED STATEMENT OF FINANCIAL AcfivITIES FOR THE YEAR ENDED 31ST AUGIJST 2025 2025 2024 Flnance Governance costs Auditors, rernuneration Accountancy & bts)kkeeping fees Legal fees 3.368 2.773 3,000 5,502 Total resources expended 458 200 413 568 Net (expendlture)Ilncome This page doe5 not fonn part of the ststutory financial statements Page 36