Registered number: 06113605 Charity number: 1129668 ACT (ACTION FOR THE COMMUNITY AND TOWN) AT THE CHEETHAMS LTD (A company limited by guarantee) UNAUDrrED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEETHAMS LTD (A company limited by guarantee) CONTENTS Page Raforence and admlnlstrative dgts11s of the charlty, its trustees and advisers Trustae8' roport Independont oxamlnerfs report Stat6ment of flnanclal acllvitle8 Balance Sheet Statement of ¢a8h flows Notes to the flnanclal ststomonts 10-20
ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEETHAJIJS LTD (A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARrrY. rrs TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustse& Graham Jones Anne-marie Campb811 Smith Andrew Robert Pratt Ann-marie Astley Cath8rin8 Malloy Hollam Kevin Jarnes Pickup Company r•glsterod numbor 06113605 Charlty rnglstered number 1129668 Reglster•d office The Ch88thams Arms Lawrence Street Blackburn Lancashi BB2 1QF Company secretsry Graham Jones Accountants CW Accountants Ltd 30 Appieby Drive Barrowford Lancashire 889 6EX Bankers Barclays 8114 Darwen Street Blackbum Lancashlre BB2 2BZ
ACT (ACTK)N FOR THE COMMUNrrY AND TOWN) AT THE CHEETHAMS LTD (A company limited by guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present thelr annual report together the financial statements of the ¢h8rlty for the 1 April 2024 to 31 March 2025. The Trustees confimi Ihat the Annual Report and financaal statements of the company comply with the current statutory requirements, the requirements of the CoMpanS goveming document and the provisions of the Statement of Recommended Practice (SORP), applicable to charrties pr8paring their accounts in accordanc8 Wlth the Financial R8porknng Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effectlve 1 January 2015) as amended by Update Bults'n l (effeCVe 1 January 2015). Since the charfty qualifi8s as small undef section 383, the Strateglc report requlred of medium and large companies under The Companies Act (Strategic Report and Directors Report) Regulations 2013 is not required. OBJECTIVES AND ACTivrriES . POLICIES AND OBJECTIVES In setting objectlvas and planning for actlvitl8s, the Trustees have given du8 (a)nskl8ratlon to genaral guidanc8 published by the tharity commtssion relating to public benefit. The object for which th8 Company is establish8d is to act as a resource for yourvJ p8opI8 UP to the age of 21 living in Blackburn with Darwen (the area of benefit) by prowding advice and assistance and organising programmes of physical, educational and other actlwtles as a means ofr. (a) advancing in lrfe and helping young peoFde by developing their skills, capacities and capabilities to enable them to participate in society as indep8ndenL mature and responsible individuals; (b) advancing education; {c) rellevlng un8mployment: (d) providing recreational and leisure time activity in the interests of social w81fara for people living in the ar8a of benefit who hav8 n88d by Teason of their yDuth, age, infirmty or disabilty, povety or Sal and economlc clrcumstances wtth a vlew to Improving the ¢ondttions of lrfe of such p8rsons. b. MAIN ACTivrriES UNDERTAKEN TO FURTHER THE CHARITYS PURPOSES FOR PUBLIC BENEFrr The charity provides social and educational ach'vities for thildren and teenagers to prevent them from falling into activities such as drug experim8ntation, crime, anti-SO(aal behavior and teenage pregnancies. c. VOLUNTEERS The charity is grateful for Iha unstinting efforts of ts volunteers who are invdved in seNce provlsion. and fundraising. We are very much dèpendenl on lh8 time and commitment of our volunteats to super¥is8 activities and are aware that the requirement to offer young people posibve adult role m<xlels and a safe environment is paramount ACHIEVEMENTS AND PERFORMANCE a. REVIEW OF ACTMTIES The Cheetham's regular opening hours are four evenings a week. This provides a vital lifeline for local young people. We continuèd to provide a great deal of support to help Jrjung people buiSd confidence and rewengage in communty1rf8 through our c8ntr8-based sèrvices.
ACT (ACTION FOR THE COMMUNITY AND TOWN) AT THE CHEETHAMS LTD (A company Ilmlted by guarante&l TRUSTEES. REPORT (contlnued) FOR THE YEAR ENDED 31 MARCH 2025 a. REVIEW OF ACTNITIES - continued We continued to support chIldn and young people aged 5 - 15 years old from Wensley Fold in BEackburn, a very socially disadvarrtaged area with high lev81s of poverty and one of the most deprived areas of Bla¢kbum. Wensl8y Fdd has chikl povety at 570/0 (Loughborough Univ8rsty study. 2019). Such a high18V81 of child poverty, social exclusion, and disadvantage means lost opportunities for many children and young people in soclallzlng. leamlng. and developing. Wensley Fold is the most diverse area in Blackbum. Just over half of the children and young p8ople we work with are from the south Asian Muslim communty. W8 are also involved with members of Polish. Rumanian, Congolese, Nigerian, Lrthuanian and Slan communilies tw. Many of our young people are severely disadvantaged by ignorance. stereotyping, exclusFon, and injustice. There are tensions in the communty and we try to strengthen community cohesion for thildren and young people. We have continued to run our core services and organise activtties. This indudes". Drop in for children and young people, open out of office hours. 8 sessions a week. Including Friday evenings and Saturdays . Youth groups for social and personal development. . On the street detached and outreach work. . Focused support for young people in crisis needing holstic family incluswe support. In response to the dramatic rise of children and yDung p80pI8 in food pov8rty. W8 dev81oped a food project. We became a recognised referral ag8n¢y with Blackbum Food Bank and the Salvation Arny, both helping people in need. We have bultt good Ilnks and aCsSed fc*)d donatsons from a range of supemarkets through a project partner. Twic8 a week w8 made food availabl8 for free, through 8m8rgency bags of for p80ple 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 ahvays give over and above what is asked of them. with the sole purpose of improving the lives of th8 young people who use the Cantre. FINANCIAL REVIEW . GOING CONCERN Access to charitable grant funding has become increasingly drfficult in the recent past. The trustees have arrived al a position wher8by they hav8 reluctantly and sadly decided that they must plan for the dosure of the Charity in the current finanaal year. There is no reasonable expectation that the d)arity has adequate resources to conllnue operating far Into 2026. b. RESERVES POLICY The unrestricted reserves at present stand at £51.588 (2024 - £51,327). The restricted reserves were £9,967 at March 2025 (2024 - £16.916). The Trustees aim to aUmUlate Sufficient reserves in order to fvlfil the objectives of the company. and to enable current a¢tNitles and liabilities to be met in the event of delay in the receipt of income.
ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEETHAMS LTD (A company limited by guarantee) TRUSTEES, REPORT {contlnued) FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT . CONSTITUTION Th8 charity is constitut8d und8r a Memorandum of Association dated 19th F8bruary 2007 and amend8d by Special Resolution on 2nd March 2009 and is a registered charty number 1129668 and is a Gompany limited by guarantee. The company was incorporated on 19th February 2007. b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES The management of the charity is Ihe responsibility of the Trustees who are elected and COaOPted under the terms of the Articles of Assodauon . Trustees are members of the communlty who share the companys objectives. c. POUCIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES Truste85 are irKlucted in lin8 with Charity Commission recommerKlations. d. ORGANISATIONAL STRUCTURE AND DECISION MAKING The company is administered and managed in aCrdanCe th the Articles of Association by the Trustees named on page 1. All decisions are made at a meets'ng of the Trustees, at vthich a quorum of three out of the flve Trustees yuld be pr8S8nt. . RISK MANAGEMENT Trust88s hav8 assassed the major risks to which Ihe charity is exposed, in partlcular those relatéd to th8 operations and finances of the charity. and are satisfied thal systems and proc8dures are In place to miligate our exposure to ihe major rfsks. These major risks are the Impact of short term funding. chan9es In fundlng streams, changes to key per80nnel and changes in k)cal and central govemmeni policy. PLANS FOR FUTURE PERIODS a. FUTURE DEVELOPMENTS ObtaSnlng core funding has been a priority, However. desth working hard to attract funding to sustsin and develop the programmes we have been undertaking for over 18 years, the trusleas have not b88n successful with any grant applications in the past yBar. After exploring all options, it ts with great sadness that the trustees have reluctandy agreed to close the Charity in early 2026. We are currentty Investigating options for a lo¢al charity, with similar objactiV8S. to take over the buildiro own and occupy.
ACT (ACTK)M FOR THE COIIIAUMITY AIID TthV•II AT CHEEfHAMS LTD FOR ThE YEAR EXLYD 31 IIARCH 25 The TiurAoes d U)e gLwgnisX rt WnLxJnt fxx £1 th• au•ts ol ts rrnipwry w) .0 Ttystees (who af. Ists diie(lor4 ol ACT fcrf the Commutw and at the Ch•txha~. s Lmrtea for the purpts8es ol cfxnparry l) aro TvspcA for wtyar,ng ITh¢ TnJJtéS' fwrt arKI th• financ statem•nt$ co"dance •rxl Urte¢ Kmgdom Accauntsry Stsnatyds (Unrtod Kingdo G•ner•My Accepred approwe the fin•icl slafemtnis unhtss thty are 53tsfd UW. tw a tft Iww vww ol tre stat4 of aff.21rs OT Iho compary ot thg U)Gc9 rewur¢6s aThY ol ruircos. the income 3.gd 2xpendrture ol iht olarrtlo wnpany fry that penfyl. l.fj tyÈrJ•nNJ th¢w f¥w•1 staifjm¢ftts. lh¥ TruslgBS are ro4wed lo" m&rfe vJ(Jgmnis and accourng astffnaias It41 r•alon arrt# Nud¢nt prepare tho fv4noal SAlim•nts Ihe wrwJ ccrtm rt is io prtWY• Ih•i Ihe charrtable crnD•ny c4XtmUe ffl LJ)èfahyt. 2C()O Thqy aio alSG res. lor S¥giJarding thu Jss•ts ol the Crrfa¢ (yynpan>' and h•n lor ia f•awnJble stops for ine prowthn dTriK)Dn of fr¥yJ othtt fetrJlarks Appioved by Tnrntgfrs M 12 Dec 2025 sywd cm b•hAII tsl lh¢ Ilowd Grnh•m Jor% Smith Pwjg 5
ACT {ACTION FOR THE COMMUNfTY AND TOWN) AT ThE CHEETHAMS LTD (A company Ilmfted by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ACT {ACTION FOR THE COMMUNITY TOWN) AT THE CHEEfHAMS LTD (the 'charlty) I report to the charity Trustees on my examination of the accounts of the charity for the star end8d 31 March 2025. RESPONSIBILITIES AND BASIS OF REPORT As the Trustees of the tharity (and its directofs for the purposes of (xryany you are responslble for th8 preparatlon of the accounts in accordance th the requirements of the Companies Act 2006 (Ihe 2006 Act'1. Having satisfied myself that the accounts of the charity are not required to be audlted der Part 16 of the 2006 Act and are eligible for independenl examination. I report in respect ol my examination of the charivs accounts carried out under section 145 01 Ihe Chanties Act 2011 (Ihe 2011 Ad.). In carr>ing oul my examination I have followed the DiTe¢tions given by Ihe Charity Commissim undèr se10 1445)(b) of Iha 2011 Acl. INDEPENDENT EXAMINER'S STATEMENT I have CoMpted my 8xamination. I can confimi that no matters have como to my attenoon In connectlon wlth the examSnation giving me cause to beli8v8'. a¢countlng records were not kept in resped of the tharity as requiled by s•clion 386 of the 2006 Act,. or the accounts do not 8¢eord with those records.. or the accounts do not comply wllh the ac¢ounting requirem8nts of sectlon 396 of Ihe 2006 Act other than any requlrement thal the accounts glve a Irue and fairf viow whlch Is not a matter Considered as part of an Independent examinati. or the accounts have not been prepared in accordance wlth lh8 methods and principles of the Statement of Recommended Practice for accounting and reporting by charit*s lapplicable to charities preparing their accounts in accordance the Financlal Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)J. I have no conrn5 and have come across no other matters in Connection with Ihe examination to which attention should be drawn in Ihis report in order to enable a propew understandin9 of the aGcounts to be reached. Signed Dated: 12 December 2025 Courtney Wrtght BA ACCA CW ACCOUNTANTS LTD 30 Appleby Drive 8arrowhord Lancashire BB9 6EX Page 6
ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEETHAMS LTD (A company Ilmited by guarantee) STATEMENT OF FINANCIAL ACTNMES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Restrlcted Unrèstrf¢ted funds funds 2025 2025 Total funds 2025 Tot81 funds 2024 Note INCOMEAND ENDOWMENTS FROM: Charitable activities Investtnents 34,104 500 68 34604 36, 774 TOTAL INCOME AND ENDOWMENTS 34,104 568 34.672 36. 774 EXPENDrruRE ON: CharitaNe activities: Charitable activities Govemnment costs 39,327 1,726 39,376 1,984 42, 780 1,984 258 TOTAL EXPENDrruRE 41.053 307 41,360 44, 764 NET INCOME I {EXPENDITURE) BEFORE OTHER RECOGNISED GAINS AND LOSSES NET MOVEMENT IN FUNDS (6,949) (6,949) 261 261 (6,688) 16,688) (7,990) (7,990) RECONCILIATION OF FUNDS: Total funds brought forward 16,916 51,327 68,243 76,233 TOTAL FUNDS CARRIED FORWARD 9,967 51,588 61.555 68,243 The notes on pages 10 to 20 fonn part of these financial statements.
ACT (ACTK)M FOR THE COIIIIAIMfY AMO T(hVPI) AT THE CIIEETHAMS LTD IA comp•ny knkl•d by guarantee) REGISTERED MiMI8ER: 06113605 AS AT 31 IAARCH 202S 202S 2024 FIXED ASSETS Tar¥ib assets CURRENT ASSErs Detylc C.&$h at bdnk ¥rJ in nand 66.370 1.221 23 204 19.255 1•,258 24 425 one 10 f23.) PIET CURRENT lu{LMESYSSETs 110891 ',8n NET ASSETS 61,SS6 68.243 CHARITr FUMOS •J87 51.518 16.gt6 51,327 TOTAL fuNDS 11.555 08. 24.3 The I rJ&•S consthi the Is enithd lo •¥•rnp from th• roQu•rt1 to h•v• ws audA urkJ•r th OVNbtstY• of At1 4r gf th8 Compans 2(Kfj and nwmbèrs ha required ct&r.ty 10 ODtain an aud# the yaar n QU•SWI actsxdxYJ wctlcn 478 of tr Aa fino¥K415tatèir.ènl$ w¢rc 4wrTrvEd •nd by T*•5 CM) 12 tlec¢mtra 2025 $1gnt<l on ther teh. by
ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEETHAMS LTD (A company limited by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Note Cash flows from operating actlvities Net cash used in operating actiwties 13 (3,9491 (8,560) Change In cash and cash equlvalonts In the yoar Cash and cash equivalents brought forward (3,949) 23,204 (8,560) 31,764 Cash and cash gquivalents carrknd forwar(I 14 19255 23,204 The notes on pages 10 to 20 fomi part of these financial ststements.
ACT (ACTION FOR THE COMMUNITY AND TOWN) AT THE CHEETHAMS LTD (A company limtted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IAARCH 2025 ACCOUNTING POUCIES 1.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS The financial stslements have be8n pr8par8d in accordancè with Accounting and Rèporting by Charities". Statement of Recommended Practice applicable to charities preparing their account5 in accordance wlth thé Flnandal Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102) (effective 1 January 2015)- (Charities SORP IFRS 102)), the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. ACT (Action for the Community and Town) at the Cheethams Ltd meets the definFbon of a public benefft entlly under FRS 102. Assets and Siabilities are initially recognised at histOriCAI cost or transaction value unl8SS Oth8rwis8 Stated In the levant accx)unting policy. 1.2 COMPANY STATUS The charity ts a company limit8d by guarantee. The members of the company are the Trustees named on page . In the event of th8 charity being wound up, lh8 liabilrty in r8SP8Ct of the guarantee is limited to £1 per member of the charity. 1.3 GOING CONCERN Access to charitable grant funding has become increasingty diffiuJlt in the recent past. Th8 trust8es have arrived at a posibon whereby they have reluctantly and sadly decided that they must plan for the dosure of the Charity in the current financial year. There is no reasonable expectats'on that the charity has adequale r8sourc8S to conlinue operating far into 2026. 1.4 INCOME All income is recognised once the tharity has entitlement to the income, it is probable that the income will be rec8ived and the amounl of income rec8Nabl8 Ggn be measured rellably. For legacies. entitlement Is taken as the earlier of the datè on whlch ellher: the charity Is aware that probate has been granted, the estste has been finalised and notification has baen made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy. in whol8 or in par( is only considered probable when the amunt can be measured reliably and the charity has been notified of the executofs intention to make a distribulion. Where legacies have been nolified to the tharity, or the chartty is aware of the granting of probate. and the crit8ria for income recognitK)n have not been meL then the18gacy is treat8d as a contingent asset and disclosed rf material. Donated services or facilities are recognised when the chaiity has control over the item. any conditions associated with the donated item have been met. the receipt of economic benefft from the use of the ¢hariiy of the item is probable and that economic benefit can be measured reliably. In accordance with the Charib'es SORP (FRS 102). the general volunteer time of the Friends is not recognised and refer to Trustees. report for more information about their contribution. On receipt, donated professional Servi and donated Trdcilities are recognised on the basis of the value of the gift to the charfty which is the amount the charity would have been willing to pay to obtain services or facilrties of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
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 2025 ACCOUNTING POLICIES Icontlnued) 1.5 EXPENDrruRE Exp8nditur8 is recogni58d onc8 th8r8 is a18gal or construclive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in setuement and the amount of the obllgation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the totsl of d1ct costs and shared costs, including support costs involved in undertaking each activty. Direct costs attributable to a single acts'vity are allocat8d dir8Ctly to that activty. Shared (x)sts which contribute to more than one activity and support costs which are not attributable to a single actrvrty are apportioned betW88n those actlvltles on a basls ¢onslslent wfth the use of resources. Centr81 staff costs are allocated on the basis of time spenL and d8pr8ciation charges allocated on the ports'on of the ass8t's use. Govemance costs are thosè Incurred In conn8Ctlon with admlnistratlon of the chaty and complianca with constitutional and statut(Yy requIrnents. Charitabl8 activiues and Govemanc8 costs ar8 costs incurred on the charitys op8rations, including support costs and costs relaknng to the govemance of the charity apportioned to charilable activities. All expenditure is indusive of irrecoverable VAT. 1.6 TANGIBLE FIXED ASSETS AND DEPRECIATION All assets costing more than £500 are capitalised. Tangible fixed assets are carried at cost. net of depreciation and any provision for impaimient. Depreclatlon is provided at rates calculated to write off the (x)st of fixed assets. less their estlmated residual value, over their expeded useful lives on the follow'ng bases.. Freehold propety Equipment 20/0 straighl lin8 written off over three yaars 1.7 INTEREST RECEIVABLE Intèrest on funds h8kl on depostt is induded when racéivable aTKI the amount can be measured liably by the charity, Ihis is nomially upon notification of the int8rest paid or payable by the Bank. 1.8 DEBTORS Trade and other debtors are renISed at the settlement amount after any trade dfscount offered. Ppasrtents are v81ued at the amount prepaid net of any trade discounts due. 1.9 CASH AT BANK AND IN HAND Cash at bank and in hand IrudeS cash and short temi hlghly Ilquid investments thfjth a short matunty of thr88 months or less from th8 date of acquisition or openiThJ of the deF4)Sit or similar a(unt.
ACT (ACTION FOR THE COMMUNtTY AND TOWN) AT THE CHEETHAMS LTD (A company limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES {conllnued) 1.10 UABILITIES AND PROVISIONS Liabiliti8s are re¢ognis8d wh8n th8r8 is an obligation at the balance sheet date as a result of a past event, Ft is probable that a transfer of economic ben8fft will be required in setuement, and the amount of the settlement can b8 estimated reliably. Liabilit are recognised at the amount that the charity anticipates it will pay to settle the debt or th8 amount it has reiVed as advanced payments for the goods or s8rvi¢es rt must provide. Provisions are measured at the best estimate of the amounts required to settle tha obligalion. Where the eff8Ct of th8 b'm8 valu8 of monèy is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate Ihat reflects the risks specffic to the Ilabillty. The unwinding of the dlscount Is recognised within int8r8st payable and similar charges. 1.11 FINANCIAL INSTRUMENTS The charty only has financial assets and fin8ncial liabilitl8s of a ktnd that qualify as basic financial Instruments. Basic fmancial instruments ara illitially r8cognised al Iransaction valua and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost uslng the Èffective interest method. 1.12 PENSIONS The charity contributes to a personal pension plan. 1.13 FUND ACCOUNTING Gener81 funds are unrestricted funds which are available for use at Ihe discretion of the Trustees in furtherance of the general objectives of the charity and whth have not been designated for Other purposes. Restrlded funds are funds whlch are to be used In accordan wilh spedfic r8strlctlons Imposed by donors or which have been rais8d by the ch8rity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of e8ch restricted fund Is set out in the notes to the financial ststemants. INCOME FROM CHARrrABLE AcnvillES Restricted Unre8trl¢ted funds funds 2025 2025 Total funds 2025 Tot81 fvnds 2024 Funding for community adivities 34.104 500 36, 774 Total 2024 33.050 3.724 36,774
ACT (ACTION FOR THE COMMUNtrY AND TOWN) AT THE CHEETHAMS LTD (A compary Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FUNDING FOR COMMUNITY ACTMTIES Restricted Unrestrlcted Total Funds Funds 2025 Funds 2025 2025 Total Funds 2024 Trust House Henry Smith Charity BBC Children In Need Police Crime and Commissioners Harris Trust 500 500 24.300 500 23,050 10,000 24.300 9.804 3,224 Total 34,104 500 34,604 36, 774 The total grants recelved from Trust House was for £25.000 for the building improvement costs and has been spent in full bui £19.500 (2024- £20,000) has en induded in deferr8d incom8. This is to allow the capital grant to be written off in line vrith depr8(#8tion rates for the building. INVESTMENT INCOME Restrlctsd Unrestrlctod funds funds 2025 2025 Total funds 2025 Total funds 2024 Bank intsre5t receivable CHARITABLE ACTIVITIES 2025 2024 Activities and materials Refreshments including volunt88r and tuck shop (x)sts Volunteer and training costs Bulldlng repalrs and rnaintenance Cleaning and janitorial costs Heat. light and water Telephone and intamet costs Insurance Sessional worker costs Stationery and postage Wages Pension costs 985 586 275 4,502 1,318 775 694 6.705 120 1165 5,750 79 21.727 9.161 120 2,558 6.375 221 16,619 437 Totsl 39.376 42, 780
ACT (ACTION FOR THE COMMUNITY AND TOWN) AT THE CHEEfHAMS LTD (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 OTHER COSTS In 2025 charilablè adivtties of £39.327 (2024 - £33.317) Yas for restricted exenditure and £49 was for unrestricted expenduture (2024 - £9,463). GOVERNANCE COSTS Restricted Unrestricted fvnds funds 2025 2025 Total funds 2025 Total funds 2024 Accountancy and payroll fees Depreclatlon on propety 258 258 1,726 258 1,726 I,n6 1.726 258 1,984 1,984 In 2024 £1,984 was axpendlture from unrestrlcted funds.. NET INCOMEIIEXPENDITURE) This is stated after charging: 2025 2024 Depreciation of tsngible fixed assets: - owned by the charity Accountancy and payroll fees 1,726 258 1,726 258 During the peric, no Trustees recelved any remuneration. During the period, no Trustees receNed any banefits in kind. During the period, no Trustees received any reimbursement of expenses. INDEPENDENT EXAMINER'S REMUNERATION The Independent Examinerfs remunerallon amounts to an Independent Examination fee of £ 150 (2024 - £ 150). and payroll services of £ 108(2024 - £ 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 2025 STAFF COSTS Staff costs wer8 as follows.. 2025 2024 Wages and salaries Olh8r pènsion costs 21,727 16,619 437 22.215 17.056 The average number of persons employed by the charity during the year was as folkms: 2025 2024 Facility Manager Charlty Actlvltles Asslstant No employee rec8iV8d remuneration amounting to more than £60.000 in either year.
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 2025 TANGIBLE FIXED ASSETS Froehold property Office equipment Totsl COST At 1 April 2024 and 31 March 2025 86,282 3.489 89,771 DEPRECIATION At 1 April 2024 Charge for the year 19,912 1,726 3,489 23,401 1.726 At 31 March 2025 21,638 3,489 25,127 NET BOOK VALUE At 31 March 2025 At 31 March 2024 66,370 66,370 The land and buiklings of The Cheethams was donated by Child Action Northwest and Is Induded al the transfer cost of net book value at 31 March 2010 of £33,128, further renovaons occurred in the year ended 31 March 2015 at a cost of £53,154. DEBTORS 2025 2024 Prepaym8nts 1,221 10. CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 2025 2024 Other taxation and social security Olher creditors Accruals and deferred income 1.200 1,065 ioi 21,386 21.144 22,552 DEFERRED INCOME Deferred income at 1 April 2024 Amounts released from previous years 20,000 1500) Deferred Income at 31 Mar( 2025 19,500
ACT (ACTION FOR THE COMMUNrrY AND TOWN) AT THE CHEETHAMS LTD (A company Itmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR (contlnued} Deferred incorne of £19,5CK) repsents a caprtal grdnt from Trust House which is being released at 20/. per annum in line wilh prop8ty dépreciation rates. 11. STATEMENT OF FUNDS STATEMENT OF FUNDS - CURRENT YEAR Balancè at 31 March 2025 Balance at 1 Aprll 2024 Income Expendlturfj UNRESTRICTED FUNDS Gèn8ral Funds - all funds 51,327 (307) 51.588 RESTRICTED FUNDS Police Crime and Commissioners BBC - Chlldren In Need Henry Smith Charity 9,804 (8,170) (7,083) (25,800) 1,634 7,083 9.833 24.300 8,333 16,916 34.104 (41,053) 9.967 The restrlcted fund from Trust House is a catal grant for the buildlng and has b88n fully spent but Is being written off In Ilne with property depreciation fates at 2% per annum. Total of funds 68,243 34.672 {41,360) 61.555 STATEMENT OF FUNDS- PRIOR YEAR Balance at 31 March 2024 B81ance at l Apnl 2023 Income Expenditu General Funds - all funds 62,274 500 (tI.447) 51,327 RESTRICTED FUNDS BBC - Childn in Need Henry Smith Charity Harris Trust 6,459 10.000 23.050 3.224 (9,376) (20. 71n (3.224) 7,083 9.833 13,959 36.274 (33.317) 16,916
ACT (ACTION 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 2025 SUMMARY OF FUNDS - CURRENT YEAR Balance at 31 March 2025 Balance at 1 Aprll 2024 Income Expendlture General funds Restricted funds 51,327 16,916 568 34.104 (307) (41,053) 51,588 9,967 68,243 34,672 (41,360) 61,555 SUMMARY OF FUNDS-PRIOR YEAR Ba18nce al 31 March 2024 Balance at l Apnl 2023 Income Expandlture General funds Restricted funds 62.274 13,959 500 36.274 (11,447) (33,317) 51,327 16.916 76,233 36, 774 (44, 764) 68,243 12. ANALYSIS OF NET ASSETS BETWEEN FUNDS ANALYSIS OF NEf ASSETS BETWEEN FUNDS - CURRENT YEAR Restrlcted Unrestricted funds funds 2025 2025 Total funds 2025 Tangible fixed asséts Current assets Creditors due within one year 9.967 9,288 (22.344) 19,255 122,344 9.967 51.588 61,555
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 2025 12. ANALYSIS OF NET ASSETS BEfwEEN FUNDS (contlnued) ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR Rastrictad Unrestrlcted funds fvnds 2024 2024 Tot81 fvnds 2024 Tanglble fixed assets Currenl assets Creditors due within one year 66.370 7,509 (22.552) 66,370 24,425 (22.552) 16.976 16,916 51.32T 68,243 13. RECONCILIATION OF NEf MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTMTIES 2025 2024 Net expenditure for the Jear (as per Statement of Financial Actsvitses) (6.688) (7.990) Adjustment for: Déprèciation charges Decreasel(increase) in debtors Decrease In creditors 1,726 1,221 (208) 1, 726 (1,221) (1.075) Not Cash u8•d in operatlng activitios (3.949) (8,560) 14. ANALYSIS OF CASH AND CASH EQUIVALENTS 2025 2024 Cash in hand 19,255 23,204 Total 19,255 23,204
ACT (ACTK)N 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 2025 15. PENSION COMMITMENTS Pension cDntributions were paid into a personal pension account. No pension contributions were outstsnding at 31 March 2025 (2024- £101). 16. RELATED PARTY TRANSACTIONS There were no relateed paty transacllons for the year ended 31 March 2025. 17. CONTROLLING PARTY The charty is controlled by the Trust88S.