Registered number: 06113605
Charity number.. 1129668
ACT (ACTION FOR THE COMMUNITY AND TOWN) AT THE CHEETHAMS
LTD
(A company Ilmited by guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

ACT (ACTION FOR THE COMMUNrrY AND TOWNI AT THE CHEETHAMS LTD
IA company limlted by guarantee)
CONTENTS
Page
. f&rèncè ana aaministrative detai15 of the charrty, its tnist•o$ and advisèrs
Tru8tae8' roport
Independent examlnefs report
Statsment of financlal acthihle$
Balance sheet
Statement of cash flows
Notss to th• flnanclal stst•monts
10-20

ACT (ACTK)N FOR THE COMMUNrrY AND TOWN) AT THE CHEEfHAMS LTD
IA company Ilmited by guarantee)
REFERENCE AND ADMINisfRATIVE DEfAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024
Yrusrees
Graham Jones
Anne-marie Smith
Andrew Robert Pratt
Ann-marie Astley
David Flaming (resigned 02.12.24)
Cathertne Malloy Hollem
Kevln James Plckup
Company regi8tsred number
06113605
Charity registered number
1129668
Reglstered office
The Cheethams Amis
Lawrence Street
Blackbum
Lancashire
BB2 1QF
Company sacretary
Graham Jones
Accountsnts
CW Accountants Ltd
30 Brotherston Drive
Bla¢kbum
Lancashire
BB2 4FJ
Bank•rs
Barclays
8114 Darwen Street
Blackbum
Lancashire
BB2 2BZ

ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEEfHAMS LTD
(A company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report together with the flnanclal ststements of the chaiity for the 1 April 2023
to 31 March 2024. The Trustees confimi that the Annual Report and financial statements of the company comply
wtth the current statutory requirements, the requirements of the companrfs goveming document and the
provisions of the Statoment of Recommended Practice (SORP). applicable to charities pr8paring th8ir accounts
in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102)
(effective 1 January 2015) a5 amended by Update Bulletln l (effectlve 1 January 2015).
Sinc8 the charlty quallfies as small under sectlon 383. the strategic r8POrt r8quired of medium and large
companies under The Companies Act 2006 (Strategic Report and Dire(aorfs Report) Regulations 2013 is not
required.
08JECTIVES AND ACTivrriES
. POLICIES AND OBJECTIVES
In settlng ob]8Ctlves and plannlng for acllvttles. th8 Trust88s have given due conslderatlon to general guldance
published by the charity commission rdating to public benefit.
The object for which th8 Company is eslablished is lo act as a resource for young people up to the age of 21
living in Blackbum with Darwen (ihe area of benefft) by providing advice and assistance and organising
pro9rammes of physical. educational and other actlvltles as a means ot.
(a) advancing in lrfe and helping young people by developing their skills. capacities and capa￿.1111es to enable
th8m to participate in society as independent. mature and responsible individuals;
(b) advancing education.,
(c) rellevlng unemployment:
(d) providing recreational and leisure time activty in the inl8rests of social w8lfar8 for p8opl8 living in the area
of benefft vtho have need by reason of their JDuth, age, infimiity or disability, povety or social and
economic circumstsnces wlth a vl•w to Improving the condriions of lrfe of such persons.
b. MAIN ACTIVITIES UNDERTAKEN TO FURTHER THE CHARITYS PURPOSES FOR PUBLIC BENEFrr
Th8 charity provides social and educational activities for children and teenagers to prevent them from falling into
activities such as drug experimenL*ion, crime, anti-social behavior and teenage pregnancies.
¢. VOLUNTEERS
The charity is grateful for the unsttnting efforts of lis volunteers who are inv(4ved in service provision, and
fundraising.
W8 are very much dependent on the tlme and commilment of our volunt88rs to supeNis8 activiti8s and are
aware that the requiremenl to offer sr)ung peopl8 tM)sitiv8 adult role m(MJels and a safe environment is
paramount.
ACHIEVEMENTS AND PERFORMANCE
a. REVIEW OF ACTIVITIES
The Cheetham's settled into regular opening hours i.e. four evenings a week from April 2022. This provided a
vital lifeline for local young people vtho were carying high levels of anxiety after the impact of Covid restrictions.
We have continued to provide a great deal of support to help young people build confidence and reéngage in
Community lrfe through our centre-based s8Nices.

ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT ThE CHEETHAMS LTD
(A company limited by guarantee)
TRUSTEES. REPORT Icontlnued)
FOR THE YEAR ENDED 31 MARCH 2024
a. REVIEW OF ACTIVITIES - continued
We continued to support children and young people aged 5- 15 years old from Wensley Fokl in Blackburn,
very socially disadvantaged area wlth hlgh levels of poverty. one of the most deprived areas of Blackburn.
Wensley Fdd has child povety at 570/. (Loughborough Univ8rsity study. 2019). Such a high level of child
poverty, social exclusion, and disadvantage means lost opp)rtunities for many chldren and young people in
sodalizing, learnlng, and developin9.
Wensley Fold is the mst diverse area in Blackbum. Just over half of the children and young people we work
wilh are from the south Asian Muslim comrnunty. We also involvé mem￿r$ of Polish, Rumanian, Congolese.
Nigerian, Lithuanian and Synan communities tr)0. Many are s8ver8ty disadvantaged by ignorance, stereotyping.
exclusion, and injustice. There are tensions In the communlty. we ty to strengthen commur+ity Cohesion for
children and young people.
We contlnued to run our core s8rvic8s and organlsa acllvlti8s. Thls Indudas..
Drop in for children and young people. open out of office hours. 8 sessions a week, induding Friday
evenings and Saturdays
Youth groups for social and personal developmenl.
On Ihe street detsched and outreach work.
Focused support for young people in crisis n88ding holistic family inclusive support.
In response to ihe dr8matic rise of thildren 8nd yr)ung people in food ￿ety. we dev81oped a food project. We
become 8 recognlsed referral agency with Blac*bum Food Bank 8nd the Salvation A￿ny, both helping people In
need.
We bulll good Ilnks and accessed food donatlons from a range of sUpe￿narkets through a project partner. Then
twice a week we made food availabl8 for free, through emergency bags of food for people in food crisis. This
was sUPPOrted by a £10.000 grant from the Communty Fund Awards for All.
The Trustees would like to thank our dedicated and hardworking staff and volunteers who alway3 give over and
above what Is asked of them. wlth the sole purpose of improving the lives of the yDung people who use the
Centre.
FINANCIAL REVIEW
. GOING CONCERN
After maklng appropriate enquirles, the trustees have a reasonable expectation that the charity has adequate
resources to continue in existence for the fores8eable future. The legacy that was received in December 2017
has assisted with current operations. For these reasons they continue to adopt the going concem basis in
preparing the financial sta18ments. Further delails regarding the adoption of the going GOn￿M basis can be
found in the Accounting Policies.
b. RESERVES POUCY
The unrestricted reserves at present stand al £51,327 <2023 - £62,274). The restrlcted reserves were £16,916
8t March 202412023 - £13,9591}.
Th8 Trustees aim to accumulate sufficient reserves in order to fulfil th8 objecttves of the c4)mpany. and to 8nabl8
IA41 Iriii acAivKies ana IiaDililles io De met In tne eveni of delay In the receipt ot income.

ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEEfHAMS LTD
(A company limited by guarantee)
TRWSTEES, REPORT Icontinued>
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE. GOVERNANCE AND MANAGEMENT
a. CONSTITUTION
The charity is constituted und8r a Memorandum of Association dated 19th February 21M)7 and am8ndèd by
Special Resolution on 2nd Marth 2009 and is a registered chanty number 1129668 and is a company limited by
guarant88. The company was Incorporated on 19th February 2007.
b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
The management of the charity is the responsibility of the Trustees who are elected and co￿pted under the
temis of the Artlcles of Association . Trustees are member5 of the community who share the companys
obj8CtIV8S.
c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES
Trustees are inducted in line Charity Commission recommendations.
d. ORGANISATIONAL STRUCTURE AND DECISION MAKING
The company is administered and managed in accordance with the Artides of Associalion by the Trustees
named on page 1. All decisions are made at a meeting of the Trustees, at which 8 quorum of three out of the five
Trusteas would be present.
. RISK MANAGEMENT
Trust88s havè assessed the major risks to which thè charity is exposed, in particular those related to the
operations and finances of the charity. and are satisfied that systems and procedures are in place to mitigate our
exposure to the major risks. These major risks are the impact of short term fvnding, changes in fundlng
streams, changes lo key personnel and d)anges in local and central govemment policy.
PLANS FOR FUTURE PERIODS
a. FUTURE DEVELOPMENTS
Obtaining core fundlng has been a prlorlty, and the income received from a ￿gacY from a past trustee In the
recent past was mi)st beneficial.
The chaiity was successful in bidding for project fvnding so that we can continue to offer a wid8 range of
activities throughout the year. There ￿maIn many challenges for us in the futu￿ that will enable us to sustain
and develop the programmes we are able to undertake. We want to continue to be self-sufficlent and be able to
run the cent￿ in a systematic way rather than rely on Ihe occasional hand-ouL when funding becomes critical.
We also want to build on our sulxesses and ensure that the w)ung people, who use the charity. continue to play
an incr8aslrKJ and activa ro18 in the way it Is run arKI organis8d.
Our p5ans indude:
Harnessing and using energy from the local community to address the challenges faced in the area, by
encouraging more invofvement by parents arKI guardians and the wider communtty in volunteering and
supervising activities
Encouraging more ￿￿ng peop￿ed projects
Developing and sustaining more family focused seif-help projects
ExpandiryJ thè use of the Centr8 by enmuraging other organisations. agenaes and other comrnunity groups to
use it, and making it available for parties and other acbvitss

ACT (ACTION FOR THE COMMUNITY AND TOWN) AT THE CHEETHAMS LTD
(A company Ilmitad by guarnntee)
TRUSTEES. REPORT Icontinued)
FOR THE YEAR ENDED 31 MARCH 2024
MEMBERS. LIABIL￿y
The Trustees of the charity guarantee to contribute an amount not ex￿edIng £1 to the assets of the company in
the evenl of winding up.
TRUSTEES. RESPONSIBILMES STATEMENT
The Trustees (who are also directors of ACT {Action for the Communty and Town) at the Cheethams Limited for
the purposes of company law) are responsible for preparing the Trustees. report and the financial ststements In
accordance with appIl￿ble law and Unrted Kingdom Accounting Standards (United Ktngdom Generally Accepted
Accounting Practice).
Company 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 Charitsble company and of the incoming resources and application of resources,
induding the income and expendilure, of the charitsble company for that period. In p￿paring these financial
sralements. Ihe Trustees are required to=
select suitable accountin9 poliaes and then apply them consistenty,
obserie the methods and principles in the Charities SORP;
make judgments and accounting estimates that are reasonable and prudent.,
prepare the financial ststements on the going LX)n(%m basis unless it is inappropriate to presume that the
charitable company will continue in operation.
The Trustees are responsible for kewng adequate accounting re¢ords that are sufficient to show and explain
the charitable ￿)mpan￿S transactions and disdose wrth reasonable acujracy at any time the financial position of
the charitable company and enable them to ensure that the financial sLgtements compty with the Companie5 Act
2006. They are also responsible for safeguarding th8 assets of the charitable company and henc8 for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees on 18 December 2023 and signed on behalf of U)e Board.
Graham Jones
Trustse
Anne-marle Smlth
Trustse
Page 5

ACT (ACTION FOR THE commuN￿y AND TOWN} AT THE CHEETHAMS LTD
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF ACT (AcnoN FOR THE COMMUNITY AND
TOWN) AT THE CHEETHAMS LTD (the 'chariV}
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 March
2024.
RESPONSIBILrriES AND BASIS OF REPORT
As the Trustees of the charity (and its directors for the purposes of company law) you are responsib18 for the
preparation of the accounts in accordance wilh the requirements of the Companies Act 2006 {'the 2006 Act,).
Having satisfied myself that the accounts of the charty are not required to be audited under Part 16 of the 2006
Act and are ellgible for Independent examination, I report in respect of my examination of Ihe charitys accounts
carried out under section 145 of the Charities Act 2011 ('the 2011 ACV). In carrying out my examination I have
followed the Directions given by the Charity Commission under section 145(5)(bl of the 2011 Act.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. I can confirm that no matters have come to my attenlion in connection wtth
the examination giving me cause to believe:
accounting records were not kept in respect of the charity as r8quired by sedion 386 of the 2006 Act: or
the accounts do nol accord wlth those records; or
the accA)unts do not comply with the acownting requirements of section 396 of the 2006 Act other than
any requlremerrt that the accounts glv8 a 'true and falrf view whlth Is not a matter considered as part of
an independent examinats'on; or
the accounts have not been prepared in accordance with the metlK•Js and principles of the Statement of
R8commended Pracb'ca for accounting and reporting by charities lapplicable to charities preparing their
accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102)].
I have no concems and have come across no other matters in connect5on vlith the examination to which
attenbon should be drawn in this report in order to enable a proper understanding of the accounts to be reach8d.
Signed
Dated: 12 December 2024
Courtney Wright BA ACCA
CW ACCOUNTANTS LI
30 Brotherston Drive
Blackburn
Lancashlrè
B82 4FJ

ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEETHAMS LTD
(A Company limited by guarantee)
STATEMENT OF FINANCIAL ACTivrriES INCORPORATING INCOME AND EXPENDrruRE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Restricted UnroStriGtèd
funds
funds
2024
2024
Total
funds
2024
Total
nds
2023
Note
INCOME AND ENDOWMENTS FROM:
Charitable activities
36.274
500
36.774
32,18ti
TOTAL INCOME AND ENDOWMENTS
36,274
500
36,774
32,180
EXPENDITURE ON:
Charitable aclivilies:
Charitable activtknes
Govemnment costs
33.317
42,780
1,984
35,273
1.984
1,984
TOTAL EXPENDITURE
33,317
11,447
44,764
37.257
NET INCOME I (EXPENDITURE) BEFORE
OTHER RECOGNISED GAINS AND
LOSSES
NET MOVEMENT IN FUNDS
2,957
2,957
110,94n
(10.947)
(7.990)
17,990)
(5.077)
(5,077)
RECONCILIATION OF FUNDS:
Total funds brought forward
13.959
62,274
76.233
81,310
TOTAL FUNDS CARRIED FORWARD
16,916
51.327
68,243
76,233
The notes on pages 10 to 20 fonn part of these financial statements.

ACT (ACTION FOR THE COMMUNITY AND TOWN) AT THE CHEETHAMS LTD
(A company limited by guarantee)
REGISTERED NUMBER: 0611360S
BALANCE SHEET
AT 31 IAARCH 2024
2024
2023
FIXED ASSETS
Tangible asséts
CURRENT ASSETS
Debtors
Cash at bank and in hand
66,370
68,096
1.221
23.204
31.764
24,425
31,764
CREDITORS: amounts falling due within
one year
122.552)
{23,627)
NET CURRENT ASSETS
1.873
8,137
NET ASSETS
68,243
76,233
CHARITY FUNDS
Restricted funds
Unrestricted fvnds
10
10
16,916
51,327
13,959
62,274
TOTAL FUNDS
68,243
76,233
The charity's financial staternents have been prepared in aC￿rdance with the provisions applicable to
companies subject to the small companies regime.
The Trustees Consider that the charty is entttled to exemption from the ￿qUirement to have an audit under the
provisions of section 477 of the Companies Act 2008 (Ihe Acn and members have not required the charity to
obtain an audrt for the year in question in accordance wtth section 476 of the Aci.
The Trustees acknowledge their responsibilrties for complying with the requirements of the Companies Act 2006
with respect to accounting records and the preparats.on of financial statements.
The finanaal statements were approved and authorised for issue by the Trustees on 18 December 2023 and
signed on their behalf. by.
Graham Jone8Trustee
the4dlarie SmithTrnsts•
The notes on pages 10 to 20 form part of these finanaal statements.
Page 8

ACT IACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEETHAMS LTD
(A company limited by guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
Note
Cash flows from operatlng activities
et cash used in operating adNilies
12
18,5601
(2.036)
Changa In cash and ¢a$h equfvalents In the yaar
C'asn ana casn equivalen￿ brougnt lorwaro
(8.560)
(2,036)
JJ,ow
Cash and cash oqulvalonts carrled forward
13
23204
31.764
The notes on pages 10 to 20 fom part of these financial ststements.

ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEETHAMS LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
1.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The financial stat8m8nts havè been prepared in aeeordanc8 with Accounting and R8F(JrtirKJ by
Charities: Ststement of Recommended Practice applicable to chaTities preparing their accounts in
accordance wlth the Flnanclal Reporting Standard applicable in the UK and Republlc of Ireland (FRS
102) (effective 1 January 2015>- (Charities SORP IFRS 102)). the Financial Reporting Standard
applicable in the UK arKI Republic of Ireland (FRS 102) and Ihe Companies Act 2006.
ACT (Action for Ihe CommLtsnity and Town) at the Cheethams Ltd meets the definits'on of a public
benefit enw under FRS 102. Assets and liabililies are inib'ally re¢ognlsed at hlstorlcal cost or
transaction value unless otheThyise ststed in the r818vant aC￿)Un￿.n9 policy.
1.2 COMPANY STATUS
The charity is a company limited by guarante8. Th8 members of the ￿fflpany are the Trust88S
naméd on page . In th8 ev8nl of the Charity being W￿nd up. the liabllity in r8SP8Ct of the
guarantee is limited to £1 per member of the charity.
1.3 GOING CONCERN
No material uncertainties that may casl signlficant doubt about the abdity of th8 company
to continu8 as a going concem have been identifi8d by thé Trusteas.
Sufflclent reserves exist to Cover the charitable company for further losses that could occur in
tha currant year. As a r8sult. the Truslaes feel that il is appropriate to continu8 to adopt the going
concern basis of accounting.
1.4 INCOME
All income is recognis&J once charity has entitlement to the In￿)Me, il is probable that the
tncome will be received and the amount of income receivable can be measured reliably.
For legacies. entitlement is laken as the 8arli8r of the date on whith either.. the charity is aware that
probate has been granted, the estate has been finalised and nottfiration has been mad8 by the
executor(s) to Ihe Trust that a distribution will be made. or when a dlstribution is received from the
8State. Receipt of a legacy. in whole or in part, is only considered probable when the amount can be
measured relFabby and the chanty has been nobfied of the executorfs intention to make a distribution.
Wherè legacies have been nolified to the charity. or th8 charity is aware of the granting of probate,
and the criteria for income re¢ognitson have not been met. then the legacy is treated as a contingent
asset and disclosed If materlal.
Donated services or faciliti8s are rerA)gnised when the chafity has control over the item, any
condrtions associated with the donated item have been met. the receipt of economic benefrt from the
use of the charity of the item is probable and that economic benefit can be measured ￿lIablY. In
accordance wtth the Charities SORP (FRS 102). the general volunteer time of the Friends is not
recognised and refer lo the Trustees, report for more infomiation about their contribution.
l)n receipt. donated professional services and donated facilities are recognised on the basis of the
value of the gift to the charity which is the amount the charity would have been willing to pay to
obtain ServI￿S or faciltties of equivalent economic benefft on the open market. a corresponding
amount is then recognised in experKlitur8 in th8 p8riod of recthpt.

ACT IACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEETHAMS LTD
IA company Ilmited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES (continued)
1.5 EXPENDITURE
Expenditure is recognised once th8re is a legal or ¢onstructiv8 obligation to transf8r economic
benefit to a third party, It is probable that a transfer of eca)nomic benefts will be required in
settlement and the amount of the obligathon can be measured rellably. Expendlture Is dasslfied by
activty. Th8 costs of each activty are made up of the totsl of direct costs and shared costs,
including support costs involved in undertaking each athvty. Direct ￿sts attributable to a single
activty are allocated directy to that athvtty. Shared costs which contribute to more than ona activity
and support costs which a￿ not attributable to a single activty are apportioned between those
activltles on a basls conslstent wlth the use of resources. Central staff costs are allocated on the
basis of tim8 spent, and depr8ciation charg8s allocated on the pO￿.on of the asset's use.
Govemance costs are those incurred in connèdlon wth admlnlstratlon of the tharfty and compllanca
with constitutional and statutw requirements.
Charitable activiti8s and Gov8rnance costs are (x)sts incurred on the charitys opeptions. including
support costs and costs relating to the governance of the chanty apportioned to chaTitsb58 actNlties.
JI expenditure is inclusive of irrecoverable VAT.
1.6 TANGIBLE FIXED ASSEfs AND DEPRECIATION
All assets costing more than £500 are caprtalised.
Tangible fixed assets are carried at cost, net of depreciakn'on and any provision for impairm8nt.
Depreciation Is provided at rates calculated to wrrte off the c¥)st of fixed assets, ￿$$ their esllmated
residual value. over their expected usefvl lives on the following bases:
Fre8hold prop8rty
Equipment
20A straight line
written off over three >8ars
1.7 INTEREST RECEIVABLE
Inter8St on funds held on depostl is induded when receivable and the amount can be measured
reliably by the chaty, this is nonnally upon notificalion of the interest paid or payable by the Bank.
1.8 DEBTORS
Trade and other debtors are rocognlsed at the settlement amount after any trade dlscount offered.
prepa￿nents are valued at the amount prepaid net of any trade discounts due.
1.9 CASH AT BANK AND IN HAND
Cash at bank and in hand indudes cash and short term highly liquid investments with a short
maturtty of thre8 monlhs Dr less from the date of acquisition or opening of the deposit or similar
account.

ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEETHAMS LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES (continued)
1.10 LIABILITIES AND PROVISIONS
Liabilitiès are r8cognised when th8r8 is an obligation at th8 balanc8 sheet date as a result of a past
event, it is probable that a transfer of economic b8nefft will be required in setdement, and the
amount of the setd8ment can be esllmated rellabty. Llabllitles are recognised at the amount that the
charity anticipates it will pay to settle the debt or the amount it has received as advanced payments
for the goods or services it musl provide. Provisions are measured at the best estimate of th8
amounts required to S8tt18 the obligation. Where the effect of the time value of money is material.
the provision is based on the present value of those amounts. discounted at the pre-tsx discount
rate that reflects the rfsks specffic to the Ilablltty. The unwinding of the discount is recognised withln
interest payabl8 and similar charg8S.
1.11 FINANCIAL INSTRUMENTS
The charity onty has financial a&8ets and financial liabilrties of a kind that qualify as basic financial
instruments. Basic financial instrumenls are initially r8cognis8d at transaction value and
subsequently measured at their settlement value with the exception of bank loans which are
subsequenty measured at amortised cost using the effe¢tNe interest method.
1.12 PENSIONS
The charity contributes to a personal pension plan.
1.13 FUND ACCOUNTING
General funds are un￿striCted funds which are available for use at the discretion of the Trustees In
furtherance of the general objecb'ves of the charity and which hava not been designated for other
purposes.
Restricted funds are funds whlch are to be used in accordance wFth spe¢lfi¢ restrlctions imposed by
donors or which have been raised by the charity for partscular purpos8s. The costs of raising 8nd
administering such funds are charged against the 5pe¢ffic fund. The aim and us8 of each restricted
fund Is set out in the rH)tes to tha financlal stat&mer*ts.
INCOME FROM CHARrrABLE ACTIVITIES
Restrlcted Unrestricted
funds
funds
2024
2024
Totsl
funds
2024
Total
funds
202J
Funding for community activities
36,274
500
36,774
32.180
Total 2023
31.680
32.180

ACT (ACTION FOR THE COMMUNITY AND TOWN) AT THE CHEETHAMS LTD
(A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FUNDING FOR COMMUNITY ACTIVITIES
Restrlctsd Unrestrlcted Total Funds
Funds 2024 Funds 2024
2024
Total Funds
2023
Trust Housa
Henry Smith Charity
BBC Chlldren in Need
Communty Network Fund
Harris Trust
500
500
23,050
10,000
500
11.250
10,500
9,930
23,050
10,000
3,224
3.224
Total
36,274
500
36,774
32,180
The tot81 grants recefved from Tnjst House was for £25.000 for the building improvement costs and has
b88n spent in fijll but £20,000 {2023 - £20,5￿) has been included in d8f8rr8d incom8. This is to allow
the capital grant to be written off in line with depreciation ￿teS for the building.
CHARITABLE ACTIVITIES
2024
2023
Activities and materials
Refreshments Includlng volunteer and tuck shop costs
Volunteer and training costs
Building repairs and maintenance
Cl8aning and jantiorial costs
Heat, light and water
Telephone and internet costs
Insurance
Sessional worker costs
Stationery and postage
Wages
Pension costs
4.502
1,318
77S
694
2,921
42
261
123
757
6,544
489
2,670
6,375
9,161
120
2,558
6,375
221
16,619
437
15.277
414
Tolal
42.780
35.273
OTHER COSTS
In 2024 charttsble activities of 33.317 {2023 - £27.223) was for restricted exenditure and £9.463 was for
unrestricted expenduiure (2023 - £8.050).

ACT (ACTION FOR THE COMMUNITY AND TOWN) AT THE CHEETHAMS LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
GOVERNANCE COSTS
Restricted Unrèstricted
funds
funds
024
2024
Total
funds
2024
Total
lunds
2023
Accountsncy and payroll fees
Depreciation on propety
258
1,726
258
1.726
258
1,726
1,984
1,984
1.984
In 2024 and 2023. £1.984 was expendibjre from unrestricted funds..
NEf INCOMEI{EXPENDrruRE)
This is stated after Charging:
2024
2023
Depreciation of tangible fixed assets:
- owned by the charity
Accountancy and pawoll fees
1.726
258
1,726
258
During the period, no Trustees received any r8mun8ralion.
During the period, no Trustees received any benefits in kind.
Durlng the pedod, no Trustees received any reimbursement of expenses.
INDEPENDENT EXAMINER'S REMUNERATION
The Independent Examinerfs ￿muneratIon amounts to an IndeperKJent Examination fee of £ 150 (2023 -
£ 150), and payroll services of £ 108{2023 - £ 108).

ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEETHAMS LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
STAFF COSTS
Staff costs ware as follows:
2024
2023
Wages and salaries
Other pension costs
16,619
437
15,277
414
17.056
15,691
The average number of persons employed by the charity durlng the year was as follows:
2024
2023
No.
Facilty Manager
narry Acllvmes Assistant
No employee received remuneration amountlng to more than £60,000 in either year.

ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEETHA•AS LTD
(A Company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
TANGIBLE FIXED ASSEfs
Freehold
Office
property equipment
Total
COST
At 1 April 2023 and 31 March 2024
86,282
3,489
89,771
DEPRECIATION
At 1 April 2023
Charge for the year
18,186
1,726
21,67S
1,726
At 31 March 2024
19.912
3,489
23,401
NET BOOK VALUE
At 31 March 2024
66,370
66,370
At 31 March 2023
68,096
68,096
The land and buildings of The Cheethams was donated by Child Action Northwest and is induded at the
transfer cost of net book value at 31 March 2010 of £33.128, fvrther renovat'ons occurred in the year
ended 31 March 2015 at a cost of £53.154.
DEBTORS
2024
2023
Prepayments
1.221
CREDrroRS: AMOUNTS FALLING DUE MTHIN ONE YEAR
2024
2023
Other taxation and social securily
Other creditors
Accruals and deferred Income
1,065
101
21.386
741
22,886
22.552
23.627
DEFERRED INCOME
Deferred income at 1 April 2023
Amounts releaseu trom pre￿oU8 years
20,500
150V)
Deferred income at 31 March 2024
20,000

ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEETHAMS LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
CREDtroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR {¢ontinued>
Deferred income of £20.O¢XI represents a caprtal grant from TnBt House which is b8ing released at 2D
per annum In line with property d8preciation rates.
10. STATEMENT OF FUNDS
STATEMENT OF FUNDS - CURRENT YEAR
Balance at
31 March
2024
Balance at
1 Aprll 2023
Income EXpendI￿re
UNRESTRICTED FUNDS
eneral Funds - all funds
62,274
500
{11,447)
51.327
RESTRICTED FUNDS
BBC- Children in Need
Henry Smith Charlty
Harris Trust
6,459
7,500
10,000
23,OSO
3224
(9,376)
(20,717)
13,224)
7,083
9,833
13,959
36374
(33.317)
16,916
The restrlcted fund from Trust House Is a c2pital grant for the buildlng arKI has been fully spent but Is
being written off in line property depreciation rates at 20A per annum.
Total of funds
76,233
36,774
(44,764)
68,243
STATEMENT OF FUNDS - PRIOR YEAR
Balance 8t
31 March
2023
Balance at
1 Apnl 2022
Income Expenditure
General Funds - all funds
71.808
{10.034)
62.274
RESTRICTED FUNDS
Postcode Lottery
BBC - Children in Need
Henry Smith Charity
Community Network Fund
3.622
5.880
(3,622)
(9,921)
(3. 750)
(9,930)
10.500
11,250
9,930
6,459
7,500
9.502
31,680
(27.223)
13,959

ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEETHAMS LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
SUMMARY OF FUNDS - CURRENT YEAR
Balance at
31 March
2024
Balanca at
1 April 2023
Income Expendituro
General funds
Restricted funds
62,274
13,959
500
36.274
{11,447)
(33,317)
51,327
16.916
76,233
36,774
144,764)
68,243
SUMMARY OF FUNDS-PRIOR YEAR
Balancv al
31 March
2023
Balance at
1 Aprtl 2022
Income Expendtture
Gen8ral funds
Restricted funds
71.808
9.502
500
31,680
(10.034)
(27,223)
62,274
13,959
81,310
32, 180
(37.257)
76,233
11. ANALYSIS OF NET ASSETS BETWEEN FUNOS
ANALYSIS OF NET ASSETS BETWEEN FUNDS . CURRENT YEAR
Restrlcted Unrestrlcted
funds
funds
2024
2024
Total
funds
2024
Tangible fixed assets
Current assets
Credrtors due within one year
66,370
7,509
(22,552)
66.370
24,425
(22.552)
16,916
16.916
51,327
68,243

ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEEfHAMS LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
11. ANALYSIS OF NET ASSEfs BETWEEN FUNDS (continued)
ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR
Restricted Unrnstricted
fvnds
funds
2023
2023
Tot81
fvnds
207i
Tanglble fixed assets
Current assets
Creditors due within one year
68,096
17,805
(23.627)
68,096
31,764
(23.627)
13.959
13,959
62.274
76.23.
12. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Nel expendlture for the yBar (as per Ststement of Flnanclal Activities)
{7,990)
(5,077)
Adjustment for:
DepreciatK)n charges
Increase in debtors
{Decreaseyincrease in creditors
1,726
(1,221)
(1.075)
1, 726
1,37J
Net cash used In op•ratlng actlvltles
18,560)
(2,036)
13. ANALYSIS OF CASH AND CASH EQUIVALENTS
2024
2023
Cash in hand
23.204
31,764
Totsl
23.204
31,764

ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEETHA&IS LTD
(A company limited by guaranteè,:
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
14. PENSION COMMITMENfL.
Pension Gonln'bub'ons ware paid into a personal pension account. Pension contributions of £101 were
outstsnding at 31 March 2024.
1& RELATED PARTY TRANSACTIONS
There were no relateed party transacttons for the year ended 31 March 2024.
16. CONTROLLING PARTY
The charity is controlled by the Truste8S.