North Allerdale Development
Trust Limited
Annual Report and Financlal
Statements
31 October 2025
Company reglstrntlon number. 06725932
Charity rnglstratlon numb•r: 1131992
dOdd&co

Tn￿tee5 ￿$poMbA￿leS in relalion to the staknxnts
stat•l￿nt of fin￿¢1￿[ adivltse5
10
N¢)t8S to the finandal statem
11

Ch¥lty nam•
1131W2
Prfnclpa offt
Church Str¥et
WIGTON
CA7 9A4
R•glst•r•d offic•
The Market Hal
c￿1rch Street
V4IGTC
G479
D Ch*r
D S Walknw. Dq
D M H(x1on
I Wilson
ACPitth
J R Rob¥￿￿
JIAw(kn
15 SoFlerrtsr20251
CEO
Accountant
Dodd & Co ￿￿￿t￿j
FIFfEEN Rosehil
Rosehill Eslatg
CARUSLE
CA12R4V
P*Jè 1

TNst••s' Roport for tho Year Endod 31 Octobpr 202S
ThE T￿￿tea5 Ivrt￿ are akn diredcfs fA Charity p￿PoSe5 01 lh8 Compan￿5 Act} hava t48a5ure 111
prasentlng Ihdr amual report tc*Jeth•r v/4h fin8nrAd statènwts of Nbrth Alerdate DevekymentTrust Lifflited
INADTI forthe period ended 31 October 2025. The finanoal statemgnts have b88n prepared n acAxJrdance wth
lh8 accounfjng pc4idos sot wt In the not8S to the a(￿Unts and Compty with Ihg C￿8 9ovemirfj tknJrnen(
Ihe char￿e5 Act 2011 and Accounlirq Rewty¥J by charl￿.. Statement of ReL￿rnmended Praciice
appll(able to Charit￿s prepariFV tsir acg)unts in acC￿darKe th& Financjal R•FuOrrfJ StarKlapd awlcabl• In
tho UK and R8pubk of Irei8ThJ.
OBJECTives AIID AGrivmES
. To [￿e. c* assist in the prov￿On of. faolrtw in the inlerests of wekn for re¢re8bon and other
isure-twne acbwtse5 for indNiduals in North ￿le[da￿ are in due to youth. age. infjmNy, dwtslity,
rin8nu81 hardshiD or soryal (xcW￿tar￿. ¥•ilh Ihe aim of thoir coThJlllons of I1￿.
. To act as a for youThJ peopfe up to the y of 25 I1￿￿j in Curnb8rland by providing advits and
assistanc•. and by org8Thsing ytsjramrnes of phyEK4, 8(kK8liond a￿1 other adl¥thes as a rnoan5 Of.
04¢Jvanciwy their lives and supp¢yting thwdevelopm
o develcping their thus, rapabillies:
o en8bling tsrn to pafbcyte in soaety 8$ iThJependrt m8lur• arxl Tr5PTh5ibkn irvJNthals.
rea ol benefft vh) are in need by ￿sOn ol youth, age. Trifimity or dtsthlity. wcial and economic
¢Arcumstanc&s. a VI￿ to Invo￿ng th8ir(t*)dltkms of lrfo.
• To Is￿St any charity in lh8 Cumb*rKt area airTr& Ind￿￿8 of wson5 under
Ihe age of25
• To re￿8¥8 un8mpl¢)yrrent in Ihe Cwrthrfand rn in bg apkyoktste. induthng
provpjirg a8S¢Stance lo find wloy
In determlnlng the olwlty's actsvi￿ i*Jrlry ts ￿r. the Intslees ha%* had regard to thB Charity
Commlssion's g￿dartt put4lc benefiL

Tnts1￿#. RgpNt for tho Year Ended 31 octob￿ 2025
FINANCIAL AND OPERATIONAL REVIEW
Grnnts
Cumbrla C￿rty c￿jnr
• C￿*brI8 Ycrtrth
• CurnLYla Ycth Partnetshlp
Cumtila COMM￿ty Fwrvja
. CuTrt)ertaTrJ
• Doknes Charitail8Twv5t
. Francls C. Scott Charrtat4e TnMt
• Rot4n Rwjg Comrrnmity FUTr
. StreetGanM UK
. Thrflty Throsu
Th• Tnjst vrds ￿Sed to 0>p￿ ib Patr￿ nefyvork yoar. WTth Dcrfjd & Co ALuuntants ICthi51e}
I￿n1￿j exisb.ng patrons. aorvjside the Chair. Dernse Pmlips, i(xn￿l a5 ￿ ITh￿￿￿1 patron. Tha Trust al
to continue develoilng rts palyon membersh￿) in the frJture.
R•S•r¥￿ Pollcy
Th8 BOS￿ of Tru5t885 annualy the with lo Nc*th Ajlwdab t)8v8bpm8rt TA￿t Ltd may bo
w￿lSt financial uncertainty COntin￿S as a le￿￿t of Ihe aJ5t-014iviro cr5515 and Infialfjow prgssures. current
casts in(Scale Ihat ihe Trust nmintain its target crf hrjding 8 mirrimum of thre8 monih5' reserves. As 8t
Trnlnlng
Th8 Trusl cmtlrm￿ to inv88t in its staff by sUp￿rti￿3 the develowient of d(Ills throu￿ funded training.
contributing to the long-tem) wstwnability ol (￿￿3th￿. TrdiniTrJ oppJrtunrti8S a150 made mIlab￿ to
ACTrIEVEMENT AND PERFORIAANCE
During the y8ar. thè Trust has tXntsnu￿ to focajs defNerir¥J ￿9hqUafrfy cOmmu￿ty prowsh)n.
8UPPJrtirs yvuTrJ through both op￿¢¢e$S and strudured proJrarThne8. Thiy w(x* ¥nablg9 th6
on Market H￿1
Communty ongagornenl has continued to d8v81op a raThJe of events. In partn015￿P with Wigton
H8ritage Gruup, the Trtrt sup￿￿. the "Soff*thffig Cld & Somthlng Newf exh1tit￿n. w85 higNy
su(￿￿$$￿￿. This cdlaborstion contin￿$ ks ¢Jevelop. t*hh F4ar¢ trfurthar a￿lI￿l0u5 projects in the ct¥nir*J year.
An open day the Wlgton Comrnunty Tog8lher Art PropLI broLyht logetho* membets ol the community. local
t￿snesSeS and p8trons. Th• Taste ￿ w•3￿.8¥ent also attrac￿1 visitor5 Into th8 town. the Market Hall

North All•nlal• D•v•l¢Jwn•nt Trust Llmlt•d
Trustees. Report for tho Year Ended 31 Q¢tob•r 2025
Ext8mal worts to lh• buik1irvJ t￿ted durir¥J utlising a Hvjh Strgat syant &¥0}Ad￿ by t
ouncil to carry out e5senlial mainten8rKe (le¢)yative iwemerts.
both uthersa arKJ t8rg8bJ w0b1s•￿.
Achievements dumg the yvar inclL¥J8".
A nLvnination at th8 Golden Appl8 AwJtls trx Best IrKlus5on Inilia
Prnnary EIP r88thry the final of the Chknjnet Fikn CcMnpelits)n kn Ihè seC4N￿ cons9￿h￿ {
ty att8rnativèeducatyonal provis￿ lo do so)
Wcrtibfrswlnrw 1he (kn Awa￿ •t the BBC Raikn Cunti* Make a I)Iff￿￿ Awards
New inrbatives contin￿d to.rleNEknp SUcL￿￿1y. Tr Saliert)eck youlh gro￿ is established as 8
chlkJr8n hav8 been 3wxessfiJNyeng•Jed in.EIP wc*Jramrr*&
Th9 TNst exp8rienced dvrirg the year kn rooithJ aTrl ret**YJ stsTr. Ihtr year
conduded rmjsitivetywth a team.
Moving Forward
Thg Tnjstees remain grateful fDr aYrtWlU8d 5uppJI aTrJ CgXTvThtrwt by partnors, patrons and
$uppcwt8rs. Tho Trust 8kns to furlh8r streww￿ relationshirts *ith hxal t￿￿1￿e$ aThJ eypaThY itg nets￿ of
SUPPL¥t.
The of the Trusfs lo be the fxrfMi￿rfies I seffts. &Jihling on the
suceèsses ol the year..the TNst thks frThard to Is wojrammes to address *Jrther ￿8$ of n98d
across CuM￿a.
STRUCTURE. GoVER14￿CE AND IAANAGEMEMT
Board Strueturn
buslnesses In Cunknia is èXPBctyJ a(kJikn kn thg Board.
Annual Ggn•ral ￿￿tIng {AGM)
Annual Gerwal m88￿.￿ wa5 held at ts Martet Hall and an OPFtviunty to ren8Gt on ihè Trusfs
ach￿Vements and revw the work urvjertthn during lh8 year. It was ￿18￿ that over 1,(￿ young p8ople h￿5
b88n support•d thmugh thè fntsys "'
The AGM also prowded an oppxturmty for the Board to ITr￿￿k th8 NADT kn ftyr dedrabon and recognis8
G¢•v•rning DoGumont
NADT i8 a I)ynp￿Y limited by wwantee w¥J is gO¥￿d by ils Menly￿dVfft wrfl P4tides olAsgx4ation.
Trustees 8re appjnted by ordinary yes0hth￿ or at the Annud Ge1￿r￿ MeelrvJ K nominated by an exisling
trustee. Where app)inlmentsare m•Je atthe AGM. notice rr•Jsl be to tho c*anty in ￿l¥aTh￿.
Truslees are Inductsd thr￿￿ a p￿(e$S SUFVCffted ty extsllng board rwmbers and tha Chief Execulwe Offlcor.
Whorotrustees undertake respThtd"lths. Wty￿te extemal tralnry Infomiatkjn a￿ soughL

North Alhrdal• Develowmnt Trust Llmit•d
Tn￿. Rgwt for th• Y•ar Endod 31 octo￿ 2025
Tha twstees
Dwi$¢ PNllps {Ch*J- Llaiyjn all arnas ￿ SUPT*xI lo ts Chi8f Exewbve Offic
Dwe W•knr1D￿d0fiTr￿asureT)- Fi￿[
Da￿d (EMI￿1C*)._ Anar
Pitthar IDlreclor)- L￿.￿n aryoss #ll #r•as
Jcth GMMVJW IDtr8Ctor)- Liaiw across al arèas
Owoing tralnkng is pir>vld8d to enwre truslegs M￿ntsIn aKvcylate kn¢y*Ae(SJ8
charity has 5ubswJiary, Sc*Kay F1ain Fulures ￿MItt￿. i￿porth on 25 September 2009.
The charity has Byentified th8 maNJr rfsks lo it is gy4osed WKI has inwlementod 8pF¥opriate sysierns and
prDcedures to manage those wisks.
The Board acts as th8 9)vemw¥J t**ty ￿ Ihe Tru5L N5 wimary ￿￿Onsi￿*11bes ore to set slr8tegic directlon and
poliry. enswe d8lNery of Ih8TnJsfs obieth88. ￿ uplk* rfs value& Tr Board k8 uttÉmatdyaccounlabb3 fDr
ganisati￿.8 ffinand￿ ￿n￿ern8rrt ar¥J 0¥￿811 goveman(x.
wt*re ne(%￿rydue to Iho size of the Lyganisatson.
Opv8tSon81 Structurn
Chhf ExKutl¥e Officer and Sl•ff
Th8 BO8￿ ¢W8s resFX)nsitr*lty for Ihe Man￿ of the Trust trj the Ch￿[
The Chlef ExgCUtN8 Officer and staff a￿ reskXA)&ble ddwing Ihe Tr￿$ ￿tsIneSS FAan and annual targots,
and for managirvJ Ih8 cyganisation in actorthco ￿th be51 Fxactice. Slaff arg accgyjntabk lo the Bo8rd thwugh
Proi•¢l 8trerlng Grnups
Where apprDpriate, the Tnjsl may esta￿lsh 9j1￿c0￿¥nII1a85 sl8erfrwJ kn aCco￿nce wlth Artide
3811H41 of th8 go¥eming docJm&
Such grwps are rgsp(Ktsible for.
Mirffj arKI deliv￿￿3 athitles in Ine *ith TnJ51oLIecb￿,.
raportlThJ regukty lo the P￿.
E￿h 5t8oring grryjp is chaired by a Trustee and irKbJdes al knt Trust9￿. Extemal athisors and
stskeh￿d￿rs may bo inviled to ￿￿'(•POtaT*1￿e apwoprth.

North All•rdale DevelopnwntTnMt Limited
Trust•w' R•port for tho Ythw Ended 31 Oclob•r 2025
stakèhokler In¥oh•m•nt and IA•mbwsNp
vo￿*&r$h1P categorre5 indude:
Tntst's objectives
Thg Trust COn￿n￿O6 to thv•bp wKlèr s**thohJer rffirfiojlwly IhrrA4h partI￿pa￿ In loc
(x)mrnunity lorum
Srn•ll company provlslons
by ts Board (m 13 4Jrfl 2r)26 and slgn8d ￿ its bth•¥ty.
DSW&*
Trustèe

North Allerdah Dovolopmnt Tntyt Umited
Tn￿te0$. Responslbllltl8s in r•lalion to the Financial Staipments
wl are resp(￿1b￿ for preparirMJ lh8 Trust￿, knual Rowt and Ihg ffina￿al statements in aeccxdancg With
applicabla law tho FinanrA81 Reww 102- The Fina￿la1 Rep(xb"F¥J StsTrJard appIl￿ble in the
UK and Repuwic of Ir*rvr.
CThThpany law requires the trustee5 to pry8 fmanad s1aiur￿ts for each finamal year th.ch giv6 a truè and
fa￿ view ol th8 stato crf afrdif5 of the charllable ¢xmpany and of the irKoming rE%>ufLE5 aThJ applicalk)n of
reStyjr￿s. indudirvJ income and expendibjre. of e* i*kwIith that pwiod. In preparng Ih88e
finanual slatemenls. the tnjstees aro roquired to:
selecl 8uitsbb acwirrfir¥J Wic(es and apFty Ihom
observe Ihe mgllK)ds a￿1 I¥1￿¥10$ Chartss SORP.
dSsdosed and e*n8d in th8 finar￿1￿ *alwwts' and
p￿part the finarKiBI statements on Ihe 9cry basls unless 11 Is Inwropriate b) p￿me that the
charftablè eonwnywl (xjntinug in Ixws&
any tvng the fin￿al wsitv)n charilable compony ar￿ enable Ihem to en5ur8 that the financial 51aternents
cornply ¥￿th Ihg Companw Act 2006. Th8y are aso resp￿1￿￿e fr>r safeguarding th8 assets rA Ihe charltalle
cOmpany￿d hence k*tskng WEa50n8￿ st8psforlhe preventrw detecticffi offra￿￿ otheriThegulariks.

Ind•pondonl Examlnorfs R•port to th• Trust•es of
North Allordalo Development Trust Llmlt•d
I rèrth ￿ tha accounts olthe ¢xmpknyfor ts yew ernlgd 31 Odobw 2025. vhwth Set LXJt pag88 9 to 29.
The twstees lwtho are ￿s0 the dir?ct￿ of the cortyanyfLYU* wrpos•s of c*Jmpany kn) are res[h￿sib￿ forthe
preparallon of thé al￿oUnts. The trustees CLm5KJer Ihat ￿ audit 15 not requY•J for Ihis year under secbon 14121
of the Ch*ili8s Act 2011 as ary￿nded by the char￿8& Act 20221th& ALI) a￿1 that an iN*pondent ex*Mlnatltsn
Thg ¢harttys gross incorne exC*ed￿j £250.LXKJ and I ￿ qualifièd to urMl8rt8ke the ￿M￿tIOn by beltvJ a
qualffjed membBrofth8 Institule OfCharte￿ A¢o￿ntants in England and W*s.
Havlng Satisf￿ myself that the chty Is rnt suiied lo *vJit uwthr Part 16 of thg Companies Ad 2006 and Is
8lglblè Sjr IndepeNlertexaMv￿kn. tt Is my
follow the pr(K8dwes lald th8 Gen8fal tIredx￿o￿w by ts Charity Commission urthr
14515) Ibl of the Act and
Ba815 ol Ind9pe￿I0nt•XI￿0norS r•wt
ty examlnauon was carrfed (Mrt In w>)yd8rKe *lth the CAnernl ciMaions gwi by thg Charity C(Mnmi3slon. An
examination indudes a revEw of the aeaHJnting rE(yNd5 kept by the c*arity and a ￿Mparison of lh& acc¥)unts
presented Ihos8 records. rt also Inc￿ cortsbJ8rat*Jn of any unu5U81 riems or di5dOsu￿ in the accounls,
and seeknng ewanations frckn.yju a5 Inth concerning any such mattws. The wrxethres undertaken do not
provR1e all the ewderte that be in an audti and cwuenty no opinion Is as to wh8￿￿
aC0)￿ts r¥osent a Inje falr and the wrt is h'nited thLW rnatter5 58t (xrt in the ststemenl
Inthpendont •xaminerf• >tatefft
(11 whth gi4Es me reasonable Cavse to Ihat in any matelièl respecl the ￿￿￿Tements.
requirements of soctr)n 396 of the Companl8s Aci 20J6 #nd *ith Ihe metlK)ds and of
Ihe Siatem8ntof Rec￿nrn8rNj8d Practp>'. AcC￿nt￿￿ afKI RepNting by char￿e5
(2) to'vthich. in alten1m￿ be to a propw uThjernl￿lThJ of the
FIFTEEN Rosehill
Montgomery Way
R{￿h111 Est8t•
CARLISLE
CA12RW
ne Thornfinson FCA
Dodd & Co Lhntsd
Chartered A￿Ountants
13 Awil 2026

North All•nl•lo D•velopn*nt Trust Lwnitod
statomont of Flnanclal Act￿t￿ finduding Incom• and Exp•ndknre Account) forthe Year
End•d 31 October 2025
Unrestrfctod Rqstrict•d Endow￿ Total FundB Total Funds
Funds
Funds
Funds
2025
2024
Incom• and •ndo*ryn•nts fr¢m:
t)onthns and ￿gac￿$
Other tradwy acbvihes
Inve5tmew
Charitable advitlgs
Totsl inc¥Jme arwj eThJo•nrthts
121.965
122.458
176.761
5.711
1.116
183,W2
188,951
1.116
188.543
173.634
315.457 356.940
4.641
Expendlturo on:
charitab￿ acbvit*s
1￿,663
161.022
161.022
13,360
13,￿)
365,045
365.045
329.499
329,WJ9
Iransfers
{1.7121
4.516)
(13.Xll
{49,5881
27.441
Transfors
Trnnsfers lunds
1.0981
Not movements kn funds
16141
{35.6141
(13.Xll
{49.5881
27.441
Reconcllkndon af fvnds
Total fijnts brought knrd
Totsl fund5 caThted Iwar
48,211
47,597
75,020
39.406
1.473.ZJ6
1.459.876
1.￿,467
1.569.026
1.546.879 1,596,467
Thè not•s on paggs 11 to 29 forrn ￿ ￿l￿al partofllwe fmarThl slatemerts.
Page 9

North Allwd•le D•velowneDt Tntyt Lknited
Company reglstratlon number. 06725932
Balance Sheet as at 31 October 2025
2tr24
TanG4ble asseis
Inv8Stm8rrt¥
11
12
1,46&487
100
1.463,587
1,477,247
1tKI
1,477,347
Curr•nt as¥ots
Debtor3
Cash at bank arKI kn haNI
13
29.256
68,61 f
97.867
107,892
130.430
Croditors: Am(￿nts f4llng wlthln
one ￿ar
14
(14￿75)
111.3101
P4et current•sxl¥
119.120
1.546.879
1.598.467
Th• fvnds olth• ¢hArNy.
Endo¥m￿tt funds
1.459.878
1.473.236
Ro8tri¢t•d lund•
7S.020
un￿strICted
Uh￿tricted incorre fund5
47.597
48,211
Total charlty fvnds
For the finantsal y￿r •r%knJ 31 Ck*bw2025, the dvity was entthl lo ex8rnpt￿￿ from authl und8rsect*?n 477
L*tho 2￿.
1.546.879
1.596,467
The r￿mbets have not requi￿￿ the tharity kn obtah) an audl of lis a￿x￿nIS for In quest￿ In
seco￿a￿e with Sect￿J￿476 ofthe
The dKectors adu¥x•ledge their resrN)n%l)*￿s for comF+*ing the wuyenwts of the Ad *ith respect to
accounb'ng ￿CordS and the w8paraUon OfaC￿￿ts.
smau companies reg
AFvoved by the Board rm 13 A¥ri12￿6 5*31￿d cffi bthalfty.
D S Walker
TnMt••
The notes on p•3es 1110 29 f(xm pwt of Ih858 finandal statements.
Pagg 10

Ncffth Allevthle Developme￿ Tnmt Umltsd
Nolel to th• FIna￿la1 Stat•mnts for th• Yoar Ended 31 October 2025
Summary of $lwlficart aee¢svnlky poHcle¥ al￿ krya¢cowrtlng •slfmat••
Tho prlncipal accounbTrJ tM*a"es appliod fn tha pmparatw of these ffinarK¥al Statem￿ arg s81 btltrw.
Th83e PL41c￿S have been c¥)nsoknty applied to al tha years presented. unless othernvi5e statqd.
The finanraal statements hav• been preparwj kn acc￿ Y￿th Acc{y￿0ThJ #nd Reporting by Chariti
Ststemenl of RectmrnerKled Pr￿*¢e to t*al￿e$ preparing Ih8Y ￿ount$ in ac£ordanc* wrfh thg
Financiaj Reportir¥J Stsndar(l in UK and ReputrAic ol Ireland (FRS 1021 leffective 1 January
20191. {char￿e$ SORP IFRS 1021), the Fin￿ Rewyling Starmjard app*able UK aThJ Repubthcof
Ireland IFRS 1021 and the Cornp8nies Act 2fTh.
Th8 charitable c(ryany meets lh8 definlion cla p￿C t*ngfft gitty FRS 102. Assets and ThaL411i88
aCC￿un￿rWj tdicy notes.
olng concevn
un¢ertaintEs related to events or ronthti￿￿ that may ￿t s•Jnfftant th)ubt the alwlty of the Charity I
nts.nue as a gotNJ ¢C¢￿em. Th8 trustees make llis assessmenl Sn rgsm of a p8rbyJ of one year frorn the
date of approval crfthtsfinanrial statem￿.
Fund accouthg polley
Urb￿StriCted inc￿rne fvnds ar8 ganeral fvnds Ihat *• avalabl8 tr u89 at di￿18th)n In
fvdherancg oflhe obi8thvas ofthe
The 8n(kn￿￿ent fuTry.rnprn￿ts tho valu• of tha Market Hall gffted lo the tharity under a long
lease in 2010. DeprEuation is b8ing dwryed to the so as lo vnite off the of the ftmd (wer the 125
year teffn of thè lease.
Furtherdthls oleath fund we di8cki88d in 18.
P¥11

North Allerdalo Dovelopm•nt Tn￿* Llmltod
Notss to tho FInancI￿ Statom•nts for the Yw Ended 31 OCto￿r 2025
Donati￿ are recognised thB Ch•ity Tr)tified in t￿lI1￿j ol the arnount ar¥J s8thmBnt
dale. In the evenl that a donalkjn L8 subied to ¢￿111￿)r6 that fequim a lèvel of perfOrrnar￿ by the Charity
before the Charity is entiU8d to the luryjs. the irKome is deferred aTrJ not reCO￿lSed untsl either those
conditions are fulty rwrt or the fvifilmeni of those (￿ndI￿L*￿ is WI￿ wrfFMn thg conW of thg Charity and It
p￿*>al￿o that Ihese cWdthnsW￿ b8 fulfil￿ in Iha rgFoyb'ThJ pwiThJ.
Legacy grfls are rec(wfsed 8 c*se by ￿ b￿$ long￿"nY the grnrrt of probate Ythgn the
administratorlexeLJJtLY for the e$late has c4)nyNnkated In writing ￿th th8 amount and setttemenl dale. In
the event that the gift is in the frxrn of an asset othw than CAsh or a financial asset Ir&Yed a recognise
slock exchange. recognitk)n is ￿blecl to the ¥￿￿e of the gift beiry TeI￿bty measured a flegre8 of
reasC￿2￿Ie and Ihè tillè to the asset haviThJ b88n tra￿ler[erj to Ihe Chanty.
kncome from Govemment aTh10lh8r gr*. I￿l￿r.(aprtaT. grnnts or'rgv8nuè' wts. is recognis8d when
e chanty h8$ Èntillement to Ihe fvnds, any pthnwnce cjjndtlaons attached to Ihe grants have been me(
li 15 prob3ble that the bè rtta¥ed a￿1 the amount (an be rneas￿ an¢ is rb)tdèforr9d.
Gifts in kind arg reccfjnlsgd in iJfiffer8ntwws deF￿￿rton Iy4f Ilw aro by tho dbarfty:
O) Those donated TBs819 woduce thèy are Thèy are ¥alL*d th the arnwnt actu￿
realis8d.
Oi) Those thnated OFward transmL%s•Jn to b8neficiaii8s are I￿￿led in ts ststement of fthaTrcSal
8th1￿e$ as IrKo￿ng rgsoufc*5 arKJ reS￿rr￿ eXrth￿ Itw affj distribu￿. They arè valued 8t the
amount the charitywYJukl have W to pay to acwire ￿rn.
Iliil Those donated for use by the C*anty 11selfa￿ Indudedwtsn r•c*vabb. Tlw valued atttE 3rTh)unl
the char￿￿￿1￿ have had b pay to a¢wI￿ them.
Wh*r8servv8 wfa(alths provided to Ihe Chwity a5 a donation that W￿ld norn￿￿ be rAjr¢ha$￿ from
Jr SUPF4w, this tr￿errt is ind￿jart In the ffinartial ststements at its fair ynlw ts fair value ¢annol
b8 re118bly n&wred, tha) at cost to Ihe (h)Mror Ihe resabe va￿e ofthewds Ihat are to be sdd.
kncnming r&8ources fr￿n tax reLlalm# wo hK4tyJed In ts *terrnnt of finanuel acbths 81 the s8n* tlsne
as the gift to whKh they relats.
are pvow¢tsdl ￿￿or￿￿L
Exp•ndllu
Lia￿'11ty8S are r￿n￿ed as scKJn as there a *al CY LI￿[￿allOn committing th8 tharity to th•
OXP8nditrJre. AV expenditu￿ is for on an ac¢rua15 ba515 WKI has ¢*5sifi8d under headings
Ihataggregale all cosls rdabj to ￿ c*egNy.
Charhable expendlbJe comprSses tfKJse c4)sts kncurred by th8 clhqrity in the defvery of its xUviti88 and
Servi￿ for ts benefidarFes. It indwlos toth ¢r*ts thai be alc¢ated directy to athibes and those
SuFWt induth centrnl fU￿iL￿ been aWLKatwJ to actiwty cost ￿te￿rI&S on a basis
nsistent wrfh resources. for exam*. all￿ti￿j pwpaty costs by fiC￿r arèas. cr per eawta.
stslf¢osts by Ihg tlme ¥wt 8￿j cthrc(6ts by tsru5age.
Page 12

North All•rdale D￿lOP￿•￿tTl￿•t Llmlt•d
Not•8 to th• Flnanclal Slaloments forthe Year End￿ 31 Octobw 2025
Charity 15 Co￿K1P￿1 to tAss ts tests set ¢xrt in Paraw• 1 Sd*thle 6 ofthB FinanEe Act 20?0 and
it meets the definilK)n of a dwilabte t¥Mnpany for UK Lworation tax purp05e5. Aco)rdingty. the
Charity is Fd8nti8lly exty frcmn taxakn in w (rf Income or capital gains receN8d wthin categories
covered by Chapler 3 P* 11 of Iho Cc¥pwdtw)n Tax 2010 or Sectbjn 256 of ts Taxats"on ofchargeable
Gains Ad 1992. to the 6xtontthat suth gaw¢s are apw &￿u&v&V b) choritaNe purFrf>ses.
Flx•d as80ts
Ind￿dUal fixed awts ￿￿11r9 £11XI w morn l• at rA)sL
D8prec4ation Is provkled M t*¥ibl8 assets 80 as lo ￿110 off I￿ cost or val￿￿.1&$$ any ￿lImatod
Plant and mthn
15% reduurMJ balan￿ bas
Motor vehirjes
25% r8duryThJ balance bas
FI￿r￿s, fil)"r¥Js wpn*nt
15% reduung balance basis and 3 stsght fing basis
Le8sèhotd and ott*r interests in la￿4 aThl 125 years strawt kne basis
buildiThJs
Plain Futu￿8 ￿Mited.
Trndt D•btors
Trade debtors are amounts frtyn w5tonets fvr merchaFKlise g)kl or 3er¥ices pert(ff￿ in the ordrnary
utse of bu5ine55. Trade debtor5 are recrjjn￿d at the transacti(￿ price. They are thequenly
measur8d at amortised I￿* U￿r￿j Ihe effedNe interest me￿. less PFov¢sion for impaim)ent. A prowsion
for the impairniw)t of trade debtor5 is eSta￿lSh￿l when there 15 obj￿￿¥8 evidewK8 that lh8 Charity *ill not
bo ab￿ to colad am aythnts (bje to Ih8 terrns ofth8 ￿1¥8￿4&&.
Cash and CMh equlvalents
Cash and rash equivabnts comprise L￿h on h￿￿ and cal deF¥)Srts, and other short-term h5ghty Wquld
IrNestmwtsthat are ￿t￿"tY cThwertitl8 lo a kTh)*i) anKwJntof (ash aThJ are subject lo an inskJnfficant risk of
thange In ￿lUe.
U*bllStks
Trade cTrditors are obfwtKirts to pay for gxtyjs or th8t have been acquired in the ordln8ry ￿￿r$e
of business from suppffiers. Accxyjnts payat4e are dassif*d as ￿ttent liabiltieg SF the Charity does not have
an unCOnd￿0nal nw, at Ih• 8nd of th• r•pOr￿Tr3 to dafèr sèttbam8nt of thè erédttor for at lèast
twefve ￿M￿thS after lh8 repNtiTh3 dale. If IhBre is an unconditKmal W to defer s&ttbement for at least
M￿￿thS after t￿ reF4)rlr¥J date. they a5 r￿￿￿rT￿nt IlabilUe5.
Trale crediiorn arg rwni8ed iThti"aly at tho Iransxkn wico aThJ 8Ut6equenty m8ayJrgJ at arTh)rtMd
cost using the eff#bve interesl methLKI.
Oporatlng l•a8•8
Le8ses in whKh subst*aly ￿ thB r&ks sThl rew8rd5 of fytsinèd by Iha lèssor dassiff8d
as operating lea5e8. Renlal$ payable under O￿atir9 are (*arg¥l in the Slaternent of Finana81
Acb"vitiès on a str4ht&"no basis o¥wth818asèt
P&38 13

North ￿leY￿a￿ D8v•lownent Tntyl Umltsd
Notes to th• Flnanclal Slalomgnts fortho Yg•r Endod 31 October 2025
Flnanclal Instrurnonts
Financial assets and finanoal l￿bIlit￿ we recNJnsed when the charity becomes a pty to th8 contrnciual
pro￿S￿￿)$ of th• mstwrr*nL Finar￿1 kabilbes and equty I￿lA￿nents a￿ daSsI￿ a￿￿rdIng to the
substanc8ofthe conbacbJal arrawents entsrgd into. An equity instnjment 1$ any contfacltste¥k18nL*
residual interesl in th8 a&88ts of th8 Chaity after d8ductw¥J all of its liablii*&
All ffinanoal assets *KI liawrties are meagjred at tran5x1¥￿ fv IndudiTrJ tr•ns8dfjon coslsl,
except for those financid assets C18s3rf￿d 8$ 9tfairrdh￿ Ihrwgh prorrt or tosg, are irAtialty m8a5ured
at falr value rK¥rnally the 1ransacb.on priTr 8xclLNJing trar￿aCtI)n u)stsl. urkn the 8rrangem8nt
on5tibJte5 a finan¢ln9 transaction. Ir ￿ anar4Jeffont (wti￿te$ a financaThJ tranSaCt￿n. the financAal asset
or finanoal Ivatmtsty is w￿Ule￿ at thg present YaiuE of the frjiure paY￿￿￿ts discojnted at a martèt rate crf
Interestfor 8 51rnilBf dgbt Instrum8nL
FInancI￿ 8wts and arg orty olfsèt in Ih• skitement cl finarthl kw)Sits￿ ¥rt￿. and only when
the￿ exEts a 18gaHy enfLYceable rwJht to Set off thè wnlsed ank)unts aThJ the Charity intend5 ellhar to
satue on a net b￿.$, or to reali58 tho asset and settle the lfjability simuttar*ou5ty.
Flnaneid assèts arn der•cogni8ad ¥h￿n and al th8 i¥Jhts to thè cash Ilowts from the
financial a55et exw8 ¢xare sethed. b} th9 ChaiKytransfers to another party subslanlialty al of the risks and
rewards d cwner5hip of the finarKaal asS8t. oy cl the Charity. d84Mte havmg retained semè. LNJt not all,
Fiftandal Ioabillhes are derwiwssd t*tten th8 rtthgation speafiwj in Ihe cLM*acl ig di3ch8rggd,
carKelLed or e4xrts.
Page 14

North Allerd*l• D•veloprnent Trust Llmlled
Notss to th• Financial Statoments for the Year Endod 31 Oclob•r 2025
Funds
Funds
Funds
2025
2024
Donatlon$ and legacle•
Appeals 8nd donations
G￿ tax rtdairned
7.439
603
8.042
11.762
127
730
8.635
11.762
Grants
CumbBrfaTrJ
lo"tht￿dt Parish Cwn
Francis C Scott Ch&fjiat4è Tntst
Curnbria Ycwth Alwco
Cumbria Comrnunty FrAIn￿l￿)n
C(kop Local Ccmmunity Fund
Vinu UK Fwndaion
S(reetGame¥ UK
Robin F￿g9 ComM￿ty FurNI
Dobies charitab￿ TNSI
Coalfidds Regenerallon Tn*t
27.492
27.492
62.121
20,100
12,5CO
29.2CQ
20.100
12,500
29.2QO
20,￿0
45,979
2,961
2,559
11.472
10.238
11.472
113.823
113.823
184,999
593
121.865
122,458
176.761
Of tha donabons and10g￿ ino)mè h12024. £1.081 related to urY8stn￿ thjnds £175,680 r￿at￿j to
rE51rid8d fu￿18.
UNtstriclBd Rostricknd Endowrn￿ Total Funth Total Funds
Funds
FU￿j$
Fund6
2024
5.711
AJI ofthe othertra¢ling iryx¥n8 ￿ 2024 relatad to unr¢*idgJ fvThJs.
stments
UnrBstricted Restric￿ Endowwt Totsl Funds Tgtal Funds
Funds
Fund8
Fund•
202$
2024
Inter85t f8ce
1,116
1.116
834

North All•rdab• D8velopment Tnmt Limfted
Notgs lo the Hnanclal Stakni)•rts forthe Year Ended 31 Octobw 2025
Fund•
Funds
Fun
2025
2024
44.612
55.678
83,612
183,9)2
4,641
49.253
55,678
83.612
188.543
58.755
19,oe8
95.811
173.634
Rc￿rn hi
Retharge of utlibes
4,641
01 th8 inLYJm• ftom char*oble a￿￿lIeS in 2024, £172.724 rdaw to ￿r*S11￿￿1 fuThts £910 relatsd to
P￿16

North Allordale Development Tntst Llmlt•d
Notes to the Fina￿141 Stalem•nts for th• Year End•d 31 Qctobgr 2025
Expenthtur
¢haritablè Total
adtviti•s
2025
Tolal
2024
Crynmunity
Puthases
Mentoring and ttr•thiThJ rnateriBIs
EmpWTh At erffjts
Rat8$ and ¥Rter
Room lirè
L¢ghL h•at and F￿￿er
Insw*)ce
Repalrs and renawak
4.364
23.093
11284
223.426
8.615
3,407
4,496
12,072
216.793
7.003
23.093
12,284
223,426
8.615
19,231
19,231
6,487
11.792
19.293
19,293
E iii
Teleph¢￿e and fax
Computer sofvare and malnteronce oJs15
Pdnting, postag8and slatiuwy
Subscriptions
926
5.598
926
5,598
352
374
14.714
42
305
2216
4.597
1.214
13,360
1,116
5.113
942
374
14.714
42
305
2.216
4.597
1.214
13.360
15,9D5
Trainlng
Sundry expBnses
Cleanlng
Travel stA)g
2,410
1,234
13,
Depr8aation of pfant aThJ machwiery
Depreciati￿ of fixlures fftbngs
Depreciati￿ oloffic8 equwr*nt
212
289
1,071
326,738
246
1.071
362.148
1.071
362.148
Support eosts
Ac¢>Juntanw tB8s
Independent examinerfs f*•
Bank charg•s
2.046
720
131
2.897
720
131
2.897
167
2.761
365,045
365.045
329.499
Ofthe expeThYiture in 2024. £168.99J re￿ to Ur￿¢￿trI￿￿ fwhJs. £147.149 ￿led lo ￿$triC￿j fuTrls ar
£13,360 related to eth4o*Tnent lunts.
Page 17

North Alhvdalo Dwelopmont Trust Limit8d
Not•8 to th• Flnanclal Statements for the Year End•d 31 October 2025
2025
2024
Irml8p￿nl ex￿T￿ne￿$ fee
720
17e6
1594
During the year no trustee5 were reirthrsed tr (xists ￿CUrred in rolath)n b) thairmk as trustee. No trvstsB
has recelv8d any reffluner8t￿ trcth the charity durw the pwul.
N•t (•xp•ndliureylncoTh•
Net (eX￿dIti￿8￿m¢crfng 1$ statod aft8r ckn¥glrrfs
2fdS
2024
Depretsalion oftawwJibb ￿ed assets
Independent examinerf5 Temunera
14.858
2,766
14,932
2,594
10 Emplt)>ws' ￿M￿Or￿n
The monthty aveF8g$ 1KNrtsrrAw8￿S (In(*Jdry serknm8n#gement)emFloyBd tythe during Ihe
2025
No.
2024
No.
Charila￿e actNIII8S
12
13
202S
2024
Wages xnd selar
Employw5' Wwtronal insuM¢¥
other pensw ¢￿ts
210.229
8.823
4.055
223.107
205.155
7.872
3.766
216,793
key Man•Jeff￿nI personnel tho Trustees and tha CEO. Thè ￿M￿0Ye8 berth of Ihg
key management persts)nel of the Charity £43.44012024- £42.334}.
Pa99 18

North Allerd#l• D•velopment Tnnt Limited
Notes to th• Flnancial Statwn•nts for the Y•ar End￿ 31 OctolJ•r 2025
11 Tanglbl•fixqd
Long 1oa50hold
nd other
lrt•r•sts in land
and buSlthng8
Plant *Hf
machknery
fft1Sngs ab?d
•guipmont
T¢)tsl
C¢)5t
A8 811 NoirnTrber2024
Addittons
A5 at 31 OdoLw2025
1.675M33
11.135
34,720
1.098
35,818
1.721,688
1,098
1.722.766
1.675,833
11.135
DeFYeGlatlon
As at 1 Noven*er 2024
Charg¢ for the yew
As at 31 ￿C￿r2025
2￿2.597
13.360
21S,957
31.908
1.317
33225
244,441
14.858
259,299
181
10.117
As at 31 Octotrftr 2025
S 8t 31 October 2024
1.459.876
1.473236
1.018
1.199
2.593
2,812
1.463.4B7
1.477.247
PwJ819

North Alkrdah D8v•lopThwrt Trust Limlt•d
Notes to the Financial Stat•m•nts for th• Year Ended 31 OCto￿r 2025
12 Investmenls h•ld a* fixod assets
In￿stmentS In
group and
a55OCiBt8d
undgrtaking$
Market va
As at 1 NO￿rnber 2WI4 and 31 October 2025
1￿j
N•t book va
As at 31 October 2025
As at 31 OLtober 2024
100
100
l investmentassets were hekj in the LK.
The tharity hc*Js mcrfe then 20% share (wtaloftt* kknirwJ
Countyof Prfndpal *rtl¥#y
Class
Sthldlary undertaking*
Sth*ay Future5 ￿r[lIed
EngL8rxl
Renlal oftsilrfi85
and ￿fe
(knlinary
100
Capltal &
s•rv•s
Profft1llo￿I
for th• porlod
Subsldlary
131.968)
{S.084)
13 D•btor8
2025
2024
18.lJ54
8,922
2,280
29.256
12.457
8,922
1,159
22.538
AmcMJnts Irom SU￿dIary8￿￿ sssodated urA1•rl&kJrvJs
Page 20

Norfh All•rdah D•velopm•n¢ Tntsl Limited
Not•s to tho Financial Statements for tho Ygar Ended 31 Octobw 2025
14 Cr•dltors'. Anw)unt*faUlry wlthln J••r
2025
2024
Trade (xedito
TaxatHJn and S￿1* se¢aJ
3,298
4,120
2,940
4217
2,578
3,102
1,052
4,578
11.310
IS Il•ml>•r•' Ilabllty
Th9 tholity b a pthte FAnited by gu￿nI0￿ ccfflswwentlyths habt shafe Ca￿tal. Each
of the members 6s liab[8 to c*ntribuE8 Èn amotwrt ncrt exc￿J1￿j £10 tchvaDJs thè assèts ofthÈ tharfty in the
event ollNutdatw)n.
16 Pwwlon sch•m•
The charity op8rales a defined c4)ntrftrth pan$￿ sehwn& The penslon cost th8rge for the
r•pr&s&nts ¢£￿tribUt￿m$ parable by the ch*rtykn th8 schem8 8fKI amwnw to £4.05512024- £3,766>.
G￿tr[￿￿￿Or6 tol*lvw £88612024 . £8761 *Tll2 payth to the at ts eThJ of the period and are
dude¢J in creditots.
17 R•lat•d ￿rtIo9
Cixrtrolllno •nllty
Thè ch* rJ)ntrc4knS by the trusleesf*ts are aN dlr*Sors ofttp crynP￿.
R•lat¢d partytran5acIITh
t￿n[¥j the year the chaiity purdwsed ￿15 and seF¥iC8S at £23.509 12024 . £6,288) from its
subsidiary, SCW Plain Fuiufvs tsmited. At ts year eno 8 b8Lgnce of £1,562 (2024 - £1.309} Wds
oulst#ndng.
During the year the chartty 501d sef¥Kes ¥aL*d at £83.613 {2024- £95.8111 to Its sthhjlary. At
thg y8ar end a balar￿ of£13.43212024- £7.7961 w outstandry.
At the year end. £8.9227**s to thè Clwity frorn Fts thidiary {2024-£8,922
Page 21

Oaj ¢
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10
r￿￿OIn0
fOQ I ￿￿¢7>￿>
rD r
ro r
O() SL)U-
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LLJtUZUL)UUZUUU>

0 ¢7>17J ¢0 r
o ¢
In uj o ¢9 r
l O* r
ryo
017JO
(Dov￿1￿0¢0O
ooiy
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7J

Eclv
LDrt)
EDvi
sxs Etoo

Is IE I Ill

P4(fj0) i I tro
1000
Omr*P>
rOCOVC*UJfONW
rQ
t￿￿17j00
,Iiil
o c vj
oo.oi
'iiiiil

T￿￿1(
¢ry¢o
¢rJ 84X•3-
LD (O
* o * OIDc>ooityc>il*rt
OoOOOnQOV>
uJc4oo-
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uCEC£C
EEÉ
zouuo>wJUQ)fnuuu

North Allenlale DevelOPn￿￿t Trust Limit8d
Nolas to th• Flnanclal Stat•m￿ts for tho Year Endgd 31 October 2025
19 Tr•n81•r8
A transfer of £1.098 was made from Curnbr￿ Yr*th Atliance. COMF to Lm)fèstri￿ Ihis represents
funds used to purch8¥e fixed assets. (knce the ossets WVB purchawj the ￿lginal reSthCtiC￿ on the funds
20 Not by lund
Funds
Funds
Fund•
Tangible ass•ts
Inveslrnents
Currènt assets
Creditors: AmcMJnts falThJ th wthh) ¢Th
Ng1 assets
3.611
1.459.876
58,039
114.1531
47.597
39.828
(422)
39.406
1.459.876
T¢tal Funds
2025
Totsl Fund$
2024
Tangitk a86ets
Investrnents
CurreTrt assets
Crodrtors.. ArMJntsfdlirwJ *ilhin cTh yo
N•t assets
1,483,487
1tJ)
97,867
114,5751
1,546,879
1.477.247
11XI
130,430
111,3101
1,5%.467
Prlor p*rlod
Endry*￿ Total Funds
Funds
2024
T+)tal Funds
2023
Fund•
Funds
Tangl￿8 as5*
Inv8Strnents
Current
CrErJTtor5".
AJnounts falling
due within one
year
Net a￿ts
4,011
1C(I
54.X11
1.473,236
1.477.247
1.492.179
75.929
130.430
84.528
110.401)
I￿)
{11.3101
(7.781)
48211
75.tr20
1.473.2
1.596.467
1.569.026