REGISTERED COMPANY NUMBER: 05445579 (England and Wales) REGISTERED CHARITY NUMBER: 1131725
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025
for
Filey Childcare Ltd
Asquith Accountants Ltd Rowan House
7 West Bank SCARBOROUGH North Yorkshire YO12 4DX
Fil Contents of the Financial Statements for the Year Ended l March 2025 Report ofthe Trustees Independent Examinels Report Statemeni of Financial Aclivities Balance Sheet Cash Flow Stat¢ment Notes to the Cash Flow Statemem Notes io the Finan¢ial Swemcnts 10 to 16 Detailed Statement of Finan¢ial A¢tivitics 17 to 18
of the Tr forthey nded31 The trustees who are a]so directors of the ¢harity for the purposes of the Companies Ath 2006. present their report with the financial statements of the charity for the year ended 31 March 2025. The trusiees have adopied the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objeetives and aims The object of the charity 15 to Provide nursery Child ¢aTe and education foT babies and PTe-sch¢)ol infants aThl to provide and promo classes. facilities, seryices and resour¢es for educaling and furthering the education of children. Aims of the charity and strategies employed to achieve obje¢lives.' Thc main aim of the charity is to provide a Sustsinable child-care selvice maintaining high standards and operating at Tninima] The achievement of these aims will enhance ihe local community and local parent& in particular. by nurturing the ¢hildr¢n and beginning their leaming process. The achievement of these aims will fvrther the purposes of the charity by enabling a high qualty of leaming and development for ¢hildren. as well as to continue to be sustainable. With gard5 to the provision of childcar¢ f¥ilities the 5tsff aff continually updating their tiaining and welfare knowledg¢. Regular OFSTED inspections ensu$ the servic¢5 are continually held io a high standard. The criteria for measurement of success is the continued viability of the business. as well as aiming to better its OFSTED ststus. The charity also takes note of the number of children who use the facility who hav¢ older siblings also enrollcd. Significgnt gctivities The charity offers childcare serviees for children from 3 months to 12 years of age, split into age appropriate rooms. Corncles offers leaming from 3 months to ? and a half yeats In a sensory and heuristic environmeni. "rugs offer 2 and a half to 3 and a half year olds hands on exploration. physi] activity and routine. Toppers supports children in developing their own learning routine and Clippers is an of school club giving children more freedom whilst providing structured activities. With regards lo the aim of sustainability, the restructuring of th¢ management team continues to make better use of staff resources. skills and roles. This has coniinued this year with changes io current stsff roles and has seen an improvement on stsff morale and workload. Staff retention has improved sigftificanily which ha5 allowed for better working relationships and staff development. Sickness absence still cause issues for the management ieam. but they deal with this very well. Public benefit We have referred io guidance contained in the Charity Commission's genernl guidance on public benefit when reviewing our aims and objectives and in planning our future &tivities. Publi¢ benefit is delivered by the charity through providing quality ¢hild care using eXrIenCed and qualified nursery staff. In particular, the trustees consider how planned a¢tivilies will contribute io the airns and objectives they have set. Management have 5uccessfiJlly introduced Grdndparent visits to Nursery which have been well received and is a positive to the local community. The rnanagement team a]so utilise local businesses for services such as food and maintenance which helps io build relionships. Volunteers Filey Child Care Ltd does use volunieers who provide an excellent contril)uiion to the opcration of the organis*ion. Theie ar¢ four volunl¥cr COTnmiu¢¢ mernLrr5 who ov¢r5ce the chariry and Iheir skillsets support many aspecTs of the organisations. The board of trustees arc all volunteeTS. Page I
Fil Childcare ort ftheTr nded ACHIEVEMENTS A]YD PERFORMANCE Charitsble a¢tivities On 21 September 2009. the organisation became a registsred charity, registration number 1131725. The charity h&$ continued to be forward thinking and developed new initiatives and leaming activities after receiving OUT 'good' OFSTED rating in 2019. The nursery continues to have a good relationship with the primary s¢hool next door and the junior s¢h¢x)l in the town. The overarching objectiv¢ provide high quality childcare io the local community at minimum cost has been achieved. The charity is one of the most affordable providers in the I] are4 which is a key objective as Filey and Scarborough have 17 out of 23 of the most deprived geographic areas in the North Yorkshire area. The financial objectives set by the charity (keeping a healthy r¢5erve at a level which is equivalent io thffe to six months expenditure) have been met this year. Three nionths expenses is equivdlent to approximately £159.100 and reserves CuentlY siand ai £216.584. Fundraising activities Managemeni have proactively coniactcd local businesses and organisations for donations iowards projects wiihin the charity to eat success. This has not only generated income. bul also awareness and deMonstreS our link to the local ¢omrnunity. Monetary donations have been gifted through l(Kal organisations such as Filey Town Council. local shops and Filey Lions. A concerted effort to apply for grants from Found&ions and Trusts has enabled us to fund new outdcrt)r clothing for children. a new sensory garden. Donations from individuals aThl families we ser4e has also seen an increase this year which is really positive feedback. The trusiees accepted charitable grants totalling £1.125 (2024: £1.(XIO). The income made available to the trust over the year was £721.588 (2024: £534.820)- FINANCIAL REVIEW Finaneial position The financial position of the charity, once awn remn$ fragile. The continual increase in the national minimum wage is a constant Challenge to the charity atKI continues to be a concern along with rent increases from NYC. Reserves have incTe&sed 10 £216.584 from £131.419 last year. Principal fundine sourt The principal ndIng source is priv&e nursery and childea fees. The charity receives income from NYCC which is bad on early year care and the number of children receiving this care. There has been a slight increase in fundin& bul this has been offset by an increase in running costs. Reserves poliey It 15 the policy of the trustees thai unrestrictrd fvnds which have been designated for a s]fiC use should be maintained at a level equivalent to between three and six months of exnditUre. The trustees consider that reserves at this level will ensure that, in the event of a SIlficant drop in funding. they will ablc to rAintinuc ihc charities Current activities while consideration is given to ways in which additional funds may be raised. FUTURE PLANS The charity remains committed to providing high quality childcare for the community. and will continue for as long as it remains financially viable. The is looking"FKJSitive. STRUCTURE, GOVERNA]¥CE AND MANAGEMENT Governing do¢umellt The ¢harity is controlled by its governing documenL a deed of trusL and constitutes a limi1 company, limited by guarantee. a5 defined by the Companies Act 2. The original Memorandum and Articles of Association was issued on 6 May 2CQ5, but was amended by a Special R¥boluLion (Idtrd 14 Decemb¢r 2018. Page 2
Childcare Ltd Re ort fth T tees ear Ended 31 Marc STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment ¥nd appointment of new trustees The method and app)intmen( of board members is set out in the Memorandum and Articles of Association. Much of the day-tdaY management of the charity's aclivites is dclcgated to employed staff who work in departrnents. often with volunteers. K¢y managemeD¢ remuneration Kty management personnel is wiewa and r#naiD5 in line with er thild¢are providers and current operdting activities of ihe ¢harity. Risk management The trustees have a duty to identify and review the risks to which the charity is exFx)sed and to ¢nsure appropriate controls are in place to provide reasonable assurance against fraud and error. REFERENCE AND ADMINIRATIvE DETAILS Registered Company number 05445579 (England and Wales) Registered Charity numbtr 1131725 Registered offitt Padbury Avenue Filey North Yorkshi Y014 OBA Trustees Mrs J M Swift LLB Trustee (resigned 30.4.25) Mrs M J Long Trustee Mr P A Lolling It Lonsultant Ms K Childs Teacher Independent Examiner Jennifer Springham FCCA Asquith Accountants Ltd Row8n House 7 West Bank SCARBOROUGH North Yorkshire Y012 4DX Solicitor5 Swift HR & Legal Ltd Wesley House l Lora Courtyard Wykeham Scarborough Y013 9QP B4nkers Unity Trust Bank Nine Brindley Place Birniingham BI 2HB Page 3
File Childeare of the Trustees for the Year Ended 31 March 2025 This report has been prepared in accordan¢c with the Special provisions of Part 15 of the Companies Act 2006 relating io small Companies. Approved by order of the board of tru#ees on 21 Ociober 2025 and signed on its behalf by: Mr P A Colling- Trustee Page 4
Inde File endenl Examine¢ Re Childcare Ltd rttotheTrn Independenl examiner's report ¢0 the trustee5 of Filey Childcgre Ltd {'the Company,) I report to ihe charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responsibilities gnd basis of report As the charity's trustees of the Company (and also its directors for the purposes of cornpany law) you are respKJnsible for the preparation of the accounts in accordance with the TequiTements of the Companies Act 21x16 ('the 2006 Ac¢). Having satisfied myself that the accounts of the Company are noi required to be audiied under Part 16 of the 2006 ArA and are eligible for independent examination. I rep)rt in respect of my examination of yi)ur charity's accounts as carried out under Section 145 of the Charities Aci 2011 (Ihe 2011 AcV)- In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 201 l Act. Independent examiner's ststement Since your charity's gross income exceeded £250.0 your examiner must a member of a listed body. I can wnfirni that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountanrs, which is one of the listed bodies. I have ci)mpleted rny examina(1. I confirni no rnaller5 have corne To my auention in rA)nneIOn with the exarnination giving me cause to believe". accounting records We not kept in respect of the Company as rquira by Section 386 of the 2006 A¢ or lh¢ accounts do not accord with those records; or the a¢¢ounts do not comply with the accounting requirements of Section 396 of the 2006 Act oiher than any requiremeni that the accounts give a true and frdir view which is not a matter considered as part of an independent examination. or the accounts have not been prepared in accordance with the methods and principles of th¢ Ststement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accijunts in accordartce with the Financial Rew)rting Stsndard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in ihis report in order to enable a proper understanding of the accounts lo be reached. Jennifer Springham FCCA The Association of Chartered Certified Accountants Asquith Accountsnts Ltd Rowan House 7 West Bank SCARBOROUGH North Yorkshire Y012 4DX 21 October 2025 Page 5
File Childcare Ltd in nln f r the Year Ended l March 2 25 31.3.25 Total funds 31.3.24 Total fund5 Unrestricted fund Restricted funds Noles INCOME AND ENDOWMENTS FROM Donations and legacies 2.815 1,000 3,815 7,871 Ch*rit#ble activities Activities undertaken directly 713.611 ,125 714.736 524,107 Investment income 3.037 3.037 2.842 Total 719.463 2.125 721,588 534.820 EXPE]YDITURE ON Charitable activities Activities undertaken directly Support costs 625.104 10.426 893 625.997 10.426 510.809 14.771 Totsl 635.530 893 636.423 525,580 NET INCOME Transfers between funds 83.933 (249) 1232 249 85,165 9240 15 Net movement in funds 83.684 1.481 85.165 9.240 RECONCILIATIO]Y OF FUNDS Total funds brought forward 131.419 131.419 122,179 TOTAL FUIYDS CARIUED FORWARD 215,103 1.481 216.584 131.419 The notes ftirni part of these financial statements Pa8¢ 6
Balance Sheet 02 31J.25 Total fund5 31.3.24 Total funds Unrestricted fund Restricted funds Notes FIXED ASSETS Tangible assets 12 964 7.873 5.403 CURRENT ASSETS Debtor Cash at bank and in hand 13 10.714 227.927 10.714 228.444 16.202 138.992 517 238.641 517 239,158 155,194 CREDITORS Amounts falling due within one year 14 {30.447) (30.447) (29,178) NET CURRENT ASSETS 208.194 517 208.711 126.016 TOTAL ASSETS LESS CURRENT LIABILITIES 215.103 1.481 216.584 131.419 NET ASSETS 215.103 1.481 216.584 131.419 FUNDS 15 Unrestricted funds Restrided funds 215.103 1.481 131,419 TOTAL FUNDS 216,584 131.419 The charitable ¢ompany is entitled to exemption from audit under Seciion 477 of the Companies A 26 for the year ended 31 March 2025. The members have noi required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companie5 Ad 2006. The trustees acknowledge their responsibilities for (a) ensuring that the Charitable company keeps UntIng recid5 that wnply with Selon$ 386 and 387 of the Companies Aei 2006 and preparing financial statements which give a true and fair view of the slate of affairs of charitable company as at the end of each financial year arKI of its surplu5 or deficit ft>r each financial year in accordance wilh the requirements of Scclions 394 and 395 and which otherwise mplY wilh the requirements of the Companies Act 2006 relating to financial staternents, so far as applicable to the charitsble company. (b) These financial statements have been prepared in accordarKe with the provisions applicable to charitsble companies subject to the sma]I companies regime. The financial statements wer¢ approved by the Board of Tntstees and authorised for i55uc on 21 October 2025 and were signed on its behalf by.. Mr P A Colling- Trusfre The notes fomi part of these financial statements Page 7
hil tement 31.3.25 31.3.24 Cash flows from operating activities Cash generated from operaiions 90,893 7,687 Net cash provided by operating activities ).893 7.687 Cash flows from investing activities Purch&8e of tangible fixed &ssets Interest received {4.478) 3.037 (1.773) 2.842 Net c&sh (used inyprovided by investing aetivitie5 (1.441) 1.069 chage in cash and cash equivaltnts in the reporting period Cash and eash ¢quival¢nts at the Ixginning of the rew)rting period 89.452 8.756 138,992 130,236 Cash and cash equivalents at the end of the reporting period 228.444 138,W2 The notes forni part of ihese financial ststements Page 8
tes to the C&sh Flow tatement nded l March 2 RECONCILIATION OF NET INCOMETO NET CASH FLOW FROM OPERATING ACTIVITIES 31.3.25 31.3.24 Net income for the rertillg period {as per the Ststement of Firtantial Aetivities) Adju$tments for: Depreciation charges Interest received Decr¢a5&(increase) in debtors Increase in Creditors 85,165 9240 1008 (3,037) 5.488 1269 1,794 (2,842) (5.986) 5.481 Net eash provided by operations 90.893 7,687 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.24 Cash flow At 31.3.25 Net Cg$h Cash at bank and in hand 138.992 89,452 228,4M 138.992 89,452 228.444 Total 138,992 89.452 228.444 The notes fomi part of thes¢ financial stsiements Page 9
hildcare Ltd ements ACCOU]YTING POLICIES Ba515 of preparing the financial stalements The financial statern¢nts of the tharitablc Company. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'A¢counting and Reporting by ChaTities." Statement of Recommended Practice applicable w charities preparing their accounts in M)rd8nc¢ with the Financial Rewrting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 The Financial Reporting StandaTd applicable in the UK and Republic of Ireland, and the Companies Aci 2cKJ6. The financial sthtements have been prepared under the hIorical u)st convention. Income All income 15 rewgnised in the Statement of Financial Activities once the charity has entitlement to the fund& it is probable that the income will be received aThl the amount can be measured reliably. Expenditure Liabililic5 arc recognised as expenditure as soon as Ihere is a legal or constructive obligation committing the charity to that expenditure. it is probable ihat a transfer of eeonomie benefiL8 will be required in settlement and the amount of the obligation can be mthsLEred reliably. ExperKlituff is accounted for on an ru8]S basis and has been classified under headings that aggrege all cost related to the category. Where costs cannot be directly attributed io particular headings they have been allocated to activities on a basis consistent with the use of resources. T2ngible fixed gssets DepClatiOn is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings Computer equipment 25•/o on reducing balance 250/0 on reducing balance Taxation The charity is exempt from corporation W on its charitable activities. Pension costs and other post-retirement benefits The charitable company operntes a defined contribution pension scheme. Contributions payable to the charitable ornpany's pension scheme are charged to the Ststement of Financial Activiltes in the period to which they relate. DONATIONS AND LEGACIES 31.3.25 31.3.24 Donatrons and gift5 3,815 7,871 INVESTMENT INCOME 31.3.25 31.3.24 Deposit account interest 3.037 2,842 Page 10 continued.-.
File ildcare Ltd Financial tatement for the Year Ended 31 M ch 2025 INCOME FROM CHARITABLE ACTIVITIES 31.3.25 31.3.24 Aetivities undertaken direcily Total activities Other fvnding- NYCClother Training grants Qi'&ils Nursery income (including Clippers out of hool) 393.555 2.000 1.125 179,849 2.500 .000 318.056 340.758 714.736 524,107 CHARITABLE ACTIVITIES COSTS SUPPORT COSTS Governance costs Support costs 10.426 24 Independent examination fees Other (payroll and management accounts) Total 1.920 1.920 OTHER 31J.25 31.3.24 Support Costs 10.426 ' 14.771 NET INCOMFJ{EXPENDITURE) Net in¢om¢l(expenditure) is stated after chargingJ(cr¢dtting)= 313.25 31.3.24 Depreciaiiort - owned assets 2.008 .794 Pagell continued...
NoS the inancial Statements- eK)niinued for the Year Ended 31 March 2025 TRUSTEES, REMUIYERATION AND BENEFITS There were no trustees, remuneration or other benefits for the ycar ended 31 March 2025 nor for the ythr ended 31 March 2024. Trnstett, expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. STAFF COSTS 31.3.25 31.3.24 Wages and salaries Social security costs Other pension costs 481.303 23.654 8,178 386.897 14.746 6,308 513.135 407,951 The averdge monthly numlxr of employees during ihe year was follows: 31J.25 31.3.24 Administration Catering Childcare 25 24 28 26 Key management personnel We deemed to be K Pickard and G Jordan with a total salary in the year of £48.461 combined. There were no employees with emoluments in excess of £60,(K)tI. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unrestricted fund Re5trithed funds Totsl funds INCOME AND ENDOWMEiYTS FROM Donations and legacies 7,871 7,871 Charitable getivities Adivilies undertaken direttly 523.107 1,000 524.107 Investment income 2.842 2.842 Totsl 533.820 ,000 534.820 EXPENDITURE ON Ch2ritsble attivities Activities undertsken directly Support costs 508,809 14.771 2.000 510.809 14.771 Total 523.580 2,000 525.580 NET INCOMEI(EXPENDITURE) 10,240 (I,wo) 9,240 Page 12 continued...
Notes to the Financi for the Year Ended 31 M nts- contin 025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- conlinued Unrestricted Restricted fund funds Total funds RECONCILIATION OF FUNDS Total funds brought fon¥ard 121,179 1,000 122,179 TOTAL FUNDS CARRIED FORWARD 131.419 131,419 12. TANGIBLE FIXED ASSETS Fixtures Computer equipment fittings Totsls COST At l April 2024 Additions 38,012 2J58 12,242 2.120 50,254 4.478 At 31 March 2025 40.370 14.362 54.732 DEPRECIATION At l April 2024 Charge for year 34.046 949 10.805 1,059 44.851 2.008 At 31 March 2025 34.995 11.864 46.859 NET BOOK VALUE At 31 March 2025 5.375 2,498 7,873 At 31 March 2024 ,437 5.403 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade debiors Prepayments 6.189 4.525 13.833 2.369 10.714 16,202 Page 13 continued...
File Childcare Ltd eFin ntinued 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade creditors Other creditors Accrued expenses 2,467 23215 4,765 3,189 22,971 3.018 29,178 MOVEMENT IN FUNDS Net movement in funds Trdnsfers between funds At 31.3.25 At 1.4.24 Ullr¢s¢rirt¢d CuDqls General fund 131.419 83.933 (249) 215.103 Restricted funds Groundwork UK NYCC Locality l)udget 517 715 517 249 1232 249 1,481 TOTAL FUNDS 131.419 85.165 216.584 Net movement in funds, included in the above are as follows". Incoming TCSQUTC¢S Resource5 expended Movement in funds Unrestricted funds General fund 719,463 {635.530) 83.933 Restrirted fun(ts GToundwork UK NYCC L(xality budget 1,125 1,000 (608) (285) 517 715 2,125 (893) ,232 TOTAL FUNDS 721.588 (636.423) 85,165 Page 14 ¢onlinued...
File Childcare Ltd nt in for the Year E d IS. MOVEMENT IN FUNDS- continued Comparatives for movement in funds Net movement in fuTKts At 31.3.24 At 1.423 Unrestrleted funds General fund 121.179 10.240 131,419 Restricted funds Kitchen 1,0 (1,000) TOTAL FUNDS 122.179 9,240 131,419 Comparative net movement in funds. includ1 in the aiK)ve are as follows: In¢orning resources Resources expended Movement in funds Unrestricted funds General fund 533.820 (523.580) 10,240 Restricted funds Kilchen Groundwork UK (i.ow) (1.oc) (I.ocK)) (2,0(Xi) (1,000) TOTAL FUNDS 534,820 (525,580) 9,240 A current year 12 months and prior year 12 months combined FK)Sition is as follows: Net movement in funds Transfers beeen funds At 31.3.25 At 1.4.23 Unrestricted funds General furKI 121,179 94,173 (249) 215,103 Restricted thnds Kilchen Groundwork UK NYCC Lttality budget 1.000 (i.o(x)) 517 715 517 964 249 1.000 232 249 1,481 TOTAL FUNDS 122.179 94.405 216,584 Page 15 continued...
File Childcare Ltd nts- for the Year Ended 31 March 2 15. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined net movement in funds.included in the above are as follows.. Incoming Resources expended Movement in funds Unrestrided funds General fund 1253283 (1.159.110) 94.173 Restricted funds Kit¢hen Groundwork UK NYCC Locality budget (1,000) (1.608) {285) (1.000) 517 715 2.125 3.125 (2.893) 232 TOTAL FUNDS 1,256,408 (1,162,003) 94,405 16. RELATED PARTY DISCLOSURES A trustee (who resigned after the year end), Mrs J M Swift LLB is a director of the legal fimi used by the charity. Swift HR & Legal Ltd was paid £nil during the year for legal and HR setvices {2024 £4,761). The outstanding bance at the year end w&s nil. Page 16
re Ltd fFi for the Year Ended 31 March 2 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donations and legacies Donations and gifts 3,815 7,871 Investment income Deposit aceount interest 3,037 2,842 Charitable activities Other funding- NYCCliJther Trdining grnnts Grants Nursery income (including Clippers out of school) 393,555 2,000 1,125 179,849 2.500 1,000 318.056 340.758 714,736 524,107 Total in¢oming resources 721.588 534.820 EXPENDITURE Chgritable activities Wages Social secuTity Pensions Nursery purchases Rent Insurance Telephone Postage and ststionery Advertising Repairs and Tenewals Computer expenses Staff and childrens clothing Staff travel Costs Cleaning Storage Donations Sundry expenses Slaff entertainmeni Training costs Subscriptions Bad debts Travel and trips Leasing charges Fixtures and fittings Computer equipment 481,303 23.654 8.178 43,906 16.185 3,216 1,987 3.511 422 6,194 57 5.157 47 7,613 875 386,897 14.746 6,308 37.568 17,735 3.473 ,759 2.551 696 11.246 32 1.927 7.557 .635 145 568 420 1065 3.788 6.193 5.244 2.245 1.610 949 1,059 2,110 5,492 3,043 1,707 1,819 1.316 479 625,997 510.809 This page does not fonn part of the statulory financial statements Page 17
Fil Detailed tatement f Fin Year Ended.3 l March 2025 31.3.25 31.3.24 Support costs Governan¢e costs Accountancy fees Legal fees Bank charges 9.079 220 1.127 8.579 4.983 1,209 10.426 14.771 Total resources expended 636.423 525,580 Net income 85.165 9240 This page does not forni part of the ststutory financial statements Page 18