HINDSFORD COMMUNITY LINK (NW) LIMITED Trustees. Report and Financial Statements For the year ended 31 March 2025 Registered number: 07049857 Charity number: 1134399
HINDSFORD COMMUNITY LINK (NW) LIMITED CONTENTS FOR THE YEAR ENDED 31 MARCH 2025 CONTENTS Legal and administrative information Page 1 Trustees, report Page 2 Independent Examiners, report Page 5 Statement of financial activities Page 7 Balance sheet Page 8 Notes forming part of the financial statements Page 10
HINDSFORD COMMUNITY LINK INW> LIMITED LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 Trustees A. Milliken N. Worrall (Managing Director rustee) l.J. Mcdermott Company Secretary A. Milliken Nursery Manager K. Foster Company Registered Number- 07049857 Charity Registered Number - 1134399 Registered Office Hindsford Day Nursery Lodge Road Atherton Manchester M46 9BL Accountants Bloomfield's Bloomfield Court 76 Factory Street West Atherton, Manchester M46 OEF
HINDSFORD COMMUNITY LINK (NW) LIMITED TRUSTEES, REPORT FOR THE YEAR ENDED 31 PJSARCH 2025 Reference and Administration Information The Trustees, who are also the directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities, issued in March 2005 and updated May 2008. Hindsford Community Link {NW) Limited is a company limited by guarantee and a charity registered with the Charity Commission for England and Wales under number 1134399. The Trustees of the charity and the principal advisers of the charity are listed on page 1. Structure, Governance and Management The limited company is governed by its Memorandum and Articles of Association. Trustees were appointed initially by the Director and first Trustee, J. Adams. Subsequent and further appointments are made by the Board of Trustees. Objectives and Activities of the Charity The main objectives of the charity are to give children the best possible start to their education by providing learning facilities for children aged O to 4 years 11 months. Achievements and Performance The charity continues to provide excellent facilities for the community as recognised by the 'Good' OFSTED inspector's report which was awarded in April 2022, Wigan Quality Standard Award and 'Healthy Early Years, setting. Financial Review The charity has been largely dependent on the provision of granl funding by the local authority and lotteries funding. These funds have been applied for in the construction of the nursery building in which the charity activities are undertaken. The charity also receives fee income for certain services provided for children of pre-school age, which is applied in the furtherance of the charity's principal objectives. The charity's assets are all applied directly or indirectly to the main objects of the charity. The charity shall be partially dependent on the continued support of the grants funding bodies of the local authority (Wigan MBC) and, subject to the timely receipt of this further grant funding, which is expected to be available to finan the future activities, the charity shall have suff icient funding and assets available to continue its main objects for the foreseeable future. Plans for Future Periods The charity will continue to provide excellent facilities for the education and advancement of children of pre-school age.
HINDSFORD COMMUNITY LINK (NW) LIMITED TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 Results and Dividends A surnmary of the results of the year's activities is incorporated in the Statement of Financial Activities. All revenue from the charitable activities is applied for the charitable object of the company. Di rectors and Trustees The directors and trustees during the year were as follows: _ l.J. Mcdermott A. Milliken N. Worrall (Managing DIrectorrUstee} Fixed Assets Acquisitions and disposals of fixed assets during the year are recorded in the notes to the financial statements. Statement of Directors, and Trustees, Responsibilities The directors and trustees ale required by law to prepare Ihe financial statements for each financial year which give a true and fair view of the financial activities of the charity and of its financial position at the end of the year. In preparing those financial statements the directors and trustees are required to: Select suitable accounting policies and then apply them consistently. Make judgements and estimates that are reasonable and prudent. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will conlinue in business. The directors and trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and delection of fraud and other irregularities. Small Company Status This report has been prepared in accordance with the special provisions relating to companies subject to the small companies, regime within Part 15 of the Companies Act 2006.
HINDSFORD COMMUNITY LINK (NW) LIMITED TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 Signed by order of the Board of Trustees and the Directors A. Milliken Cornpany Secretary Date 2025
HINDSFORD COMMUNITY LINK (NW) LIMITED INDEPENDENT EXAMINER'S REPORT TO THE DIRECTORS AND TRUSTEES OF HINDSFORD COMMUNITY LINK INW) LIMITED Respective responsibilities of trustees and examiner The charity's trustees (who are also the directors of the company for the purpose of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charites Act 2011 (the Charities Act) and that an independent examination is needed. The trustees have acknowledged, on the balance sheet, their responsibilities for ensuring that the company keeps accounting records which comply with section 396 of the Companies Act 2006, and for preparing financial statements which give a true and fair view of the situation of the company and of its surplusl(deficit) for the financial year. In accordance with the instructions, we have prepared the financial statements on pages 7 - 12 from the accounting records of the company and based on information and explanations we have been given It is my responsibility to.. Examine the accounls {under section 145 of the Charities Act) To follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act). and To state whether matters have come to my attention Basis of independent examiner's statement My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes review of the accounting records kept by the charity and a comparison of the accounts piesented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whelher the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiner's statement During my examination, no matter has come to my attention 1. Which gives me reasonable cause to believe that in. any material respect, the trustees have not met the requirements: To keep accounting records in accordance wrth section 130 of the Charities Act and S386 of the Companies Act 2006., and To prepare accounts which accord with the accounting records and comply with the accounting requirement of Section 396 of the Companies Acl 2006 and with the methods and principles of the Statement of Recommended Practice" Accounting and Reporting by Charities.. or 2. To which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
HINDSFORD COMMUNITY LINK (NW) LIMITED INDEPENDENT EXAMINER'S REPORT TO THE DIRECTORS AND TRUSTEES OF HINDSFORD COMMUNITY LINK (NW) LIMITED K Bloomfield CPAA For and on behalf of Bloomfields Accountants Limited Bloomfield Court 76 Factory Street West Atherton Manchester M46 OEF
HINDSFORD COMMUNITY LINK (NW) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Total funds 2024 Note INCOMING RESOURCES Grants received Transfers fromlto Deferred Income 293,125 293,125 208,924 244,428 244,428 180,054 Fundraising Bank Interest Receivable Nursery Fees Received 3,743 138 900 3,743 138 900 188 437 TOTAL INCOMING RESOURCES 387 071 387 071 368 491 RESOURCES _-XPEKIDED Direct Charitable Expenditure Consumables- Play Equipment and Food Training and Team Building Wages and NIC Pension Rates Insurances Light and Heat Telephone & Internet Printing. Postage & Stationery, & Computer Costs Repairs and Maintenance Bank charges and inlerest Sundry and Cleaning Depreciation Staff Uniforms Licenses and Registration Fees Legal and Professional 20.789 672 302,672 8,553 4.453 2,595 3.901 707 20,789 672 302,672 8,553 4,453 2,595 3,901 707 19,118 889 281,483 8,416 2,585 2,387 11,146 2,072 3.606 21.117 243 8.606 1.738 470 3,606 21,117 243 8,606 10,218 470 79 23,347 422 4,543 10,301 1,274 8,480 1.967 1,967 3,110 382 089 390 569 371 172 Other Expenditure Accountancy & Secretarial TOTAL RESOURCES EXPENDED 387 071 395 551 376 971 NET INCOMING I (OUTGOING) RESOURCES BEFORE TAXATION Taxation NET MOVEMENT IN FUNDS Fund balances al 1 April 2024 304 075 304 075 312 555 FUND BALANCES AT 31 March 2025
HINDSFORD COMMUNITY LINK (NW) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Note FIXED ASSETS Tangible assets 332 108 342 326 332.108 342,326 CURRENT ASSETS Debtors Cash and bank in hand 1.500 295 317 1,500 245 065 296,817 246,565 CREDITORS.. Amounts falling due within one year 67 260 Net current assets 229 740 179 305 TOTAL ASSETS LESS CURRENT LIABILITIES 561,848 521,631 CREDITORS" Amounts falling due after one year 266 253 217.556 NET ASSETS 295 595 304 075 CHARITY FUNDS Restricted funds Unrestricted funds 295,59S 304,075 The directors and trustees consider that the company is entitled to exemption from the requirement lo have an audit under the provisions of S.480 of the Companies Act 2006. No notice from the members under S.476 of the Companies Act 2006 requiring the company to have an audit has been deposited with the company. The directors and trustees acknowledge their responsibility for ensuring that the company keeps accounting records which comply with S.386 of the Companies Act 2006. and for preparing accounts, which give a true and fair view of the state of the affairs of the company at 31S1 March 2025 and of its net expenditure for the year then ended in accordance with the requirements of S.396. but which otherwise comply with the requirements of the Act relating to the accounts so far as applicable to the company. The financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies. regime within Part 15 of the Companies Act 2006. These financial statements were approved by the Trustees on 2025 and signed on their behalf, by..
HINDSFORD COMMUNITY LINK (NW) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 N. WORMilLL Director Date6 2025 The notes on pages 10 to 12 form part of these financial statements. Company number 07049857
HINDSFORD COMMUNITY LINK {NW) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Basis of preparation of financial statements These accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities. The accounts have been prepared in compliance with the Statement of Recommended Practice on Charity Accounts. Income and Expenditure is recognized in the accounts on the accrual's basis at the date on which an asset is recognized or a liability is incurred. The company has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce a cashflow statement on the grounds that it is a small company. Income Income represents fees received, proceeds from fundraising activities, bank interest and grants received and receivable for the financial year end and is attributable to the one principal activity of the company. Tangible fixed assets and depreciation All fixed assets Costing more than £500 are capitalized. Tangible fixed assets are stated at cost less: depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets. less. their estimated residual value. over their expected useful lives on the following basis.. Buildings Furniture and fixtures 2°/th Straight line 15°/ Reducing balance Taxation The company is exempt from Taxation on income arising from activities in carrying out, and investment income applied only for, the company's main charitable purpose. GRANTS RECEIVED Grants were received by the charity as follows: 2025 2024 Sure start & Local Authority Grants TOTAL EXPENDITURE 2025 2024 Is stated after charging. Depreciation of Tangible Fixed Assets" Owned Directors Remuneration 10,218 10,301 TAXATION There is no charge to Corporation Tax.
HINDSFORD COMMUNITY LINK {NW) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 TANGIBLE FIXED ASSETS Fixtures and Fittings Buildings Total Cost At 1 April 2024 Additions At 31 March 2025 66.265 445,889 512,154 512 154 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 54.677 115,151 169.828 123 631 180 046 Net book value At 31 March 2025 322 258 332 108 At 31 March 2024 330 738 342 326 DEBTORS 2025 2024 Due within one year: Prepayments CREDITORS: 2025 2024 Amounts falling due within one year: Accruals and Deferred income (Grants) 67 260 LONG TERM CREDITORS: 2025 2024 Amounts falling due after one year: Accruals and Deferred income (Grants) 217
HINDSFORD COMMUNITY LINK (NW) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Funds 2025 Restricted Funds 2025 Total Funds 2025 Total Funds 2024 Tangible fixed assets Net curient assetsl{liabililiesl Creditors- Due after one year 36,513 295,595 332,108 342,326 229,740 229,740 179,305 266 253 266 253 217 556 Total 295 595 295 595 304 075 10. LIMITED BY GUARANTEE The company is limited by guarantee and does not have a Share Capital. Each member gives a guarantee to contribute a sum not exceeding £10 to the company should it be wound up. On 31$1 March 2025 there were 3 members. 12