SECTOR 3 STOCKPORT
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
COMPANY REGISTRATION NUMBER: 06814531 CHARITY REGISTRATION NUMBER: 1135557
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SECTOR 3 STOCKPORT
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INDEX
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1-6 TRUSTEES' ANNUAL REPORT
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7 INDEPENDENT EXAMINER'S REPORT
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8 STATEMENT OF FINANCIAL ACTIVITIES
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9 BALANCE SHEET
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10 STATEMENT OF CASH FLOWS
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11-21 NOTES TO THE ACCOUNTS
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SECTOR 3 STOCKPORT
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Report of the Trustees for the year ended 31° March 2025
The Trustees present their annual directors’ report and financial statements of the Charity for the year ended 31* March 2025 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Reference and administrative information
Charity Name: Sector 3 Stockport (formerly Synergy Stockport Limited until 15" June 2023) Charity Number: 1135557 Company Number: 06814531
Trustees and Directors
The Trustees and officers serving during the year and since the year end were as follows: M.J. Brade K.A. Kelly (resigned August 2024) A.B. Lambert M. Edwards (resigned November 2025) D. Scott-Fowler (resigned June 2024)
Dr P.C. Jarvis Chair
M.L. Fisher (appointed May 2024) K.J. Grant (appointed April 2024, resigned November 2025) S.R. Marshall (appointed April 2024)
T.L.D. O’Toole (appointed April 2024)
Key Management
J. McGrath CEO
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Registered Office Office 24 Merseyway Innovation Centre 21-23 Merseyway Stockport SK1 1PN
Independent Examiners Hilton Jones t/a Community Accountancy Service Hollinwood Business Centre Albert Street Oldham OL8 3QL
Bankers Co-operative Bank PLC Kings Valley, Yew Street Stockport Cheshire SK1 1LZ
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SECTOR 3 STOCKPORT
| governed by its Memorandum Memorandum and Articles of Association Association dated 10 February 2009. 2009. It is registered as a charity with with the Charity Commission Commission dated 15 April 2010. : Appointment of Trustees : The Directors of the company are the company are company are are also charity trustees trustees for the the purposes of charity law and charity law and law and and under | the Company's Company's Articles are known known as members members of the Management Committee. the Management Committee. Management Committee. Committee. Sector3 saw 4 saw 4 4 trustees resign during the the year, and following a successful recruitment exercise have 4 new trustees joining joining from April 2024. 2024. : Objectives and activities | The objects of the Charity are to advance and promote all or any purposes which are exclusively | charitable and for the public benefit in accordance with the laws of England & Wales; and to : promote and organise co-operation in the furtherance of such purpose. Throughout the current reporting year there has been one main activity, which is to support the : Voluntary, Community, Faith and Social Enterprise (VCFSE) sector across Stockport. Sector 3, ; has established itself as a broad and diverse network of third sector organisation that has been developing in Stockport since 2018. | Our Vision : Is a Stockport full of vibrant, healthy & inclusive communities. Our Mission , Is to foster a thriving third sector in Stockport by developing a supportive network which : provides opportunities for growth and share learning. | All with the aim of fostering resilience and longevity in the sector so that it can continue to do what it does best, support our communities to prosper. | A review of our achievements and performance Introduction : 2024/25 has been a defining year for Sector 3 Stockport. As the recognised voice and supporter of Stockport’s Voluntary, Community, Faith and Social Enterprise (VCFSE) sector, we : strengthened partnerships, unlocked new investment, and supported organisations across the borough to deliver life-changing work for local people. This report reflects not just our activities, but the collective achievements of a vibrant, resilient | and values-driven sector. Together, we are shaping a Stockport where communities are healthier, more connected and more empowered to thrive. | Who We Are | Sector 3 Stockport exists to champion, connect and strengthen the VCFSE sector. Formerly | known as Synergy Stockport Limited, we are a registered charity and company limited by guarantee.
Structure, governance and management
Sector 3 Stockport (formerly Synergy Stockport Limited) is a company limited by guarantee governed by its Memorandum Memorandum and Articles of Association Association dated 10 February 2009. 2009. It is registered as a charity with with the Charity Commission Commission dated 15 April 2010.
The Directors of the company are the company are company are are also charity trustees trustees for the the purposes of charity law and charity law and law and and under the Company's Company's Articles are known known as members members of the Management Committee. the Management Committee. Management Committee. Committee. Sector3 saw 4 saw 4 4 trustees resign during the the year, and following a successful recruitment exercise have 4 new trustees joining joining from April 2024. 2024.
Our Vision
A Stockport full of vibrant, healthy and inclusive communities.
| SECTOR 3 STOCKPORT | Our Mission | To foster a thriving third sector by nurturing a supportive network that builds capacity, amplifies | impact and creates opportunities for shared learning and sustainable growth. | Highlights of 2024/25 | This year we: : « Secured significant investment for VCFSE-led delivery across Stockport, reinvesting | funds via grants and programmes that directly benefit grassroots organisations. : « Strengthened cross-sector partnerships, positioning the VCFSE sector as a key | strategic and delivery partner within local systems. « Championed the VCFSE voice, ensuring the sector is represented in boroughwide decision-making and strategic planning. | ¢ Supported collaboration, bringing organisations togetherto share insight, build capacity and co-design solutions. e Enhanced our governance, governance, welcoming new trustees new trustees trustees and undertaking a strategic review to ensure long-term sustainability. | These achievements reflect the dedication of our small team, our Board of Trustees, and the : incredible commitment of VCFSE partners across Stockport. | Our Work in Detail 1. Strategic Leadership & Sector Voice | We continued continued to position the VCFSE sector at the the VCFSE sector at the VCFSE sector at the sector at the at the the heart of local planning and of local planning and local planning and planning and and investment
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- e Enhanced our governance, governance, welcoming new trustees new trustees trustees and undertaking a strategic review to ensure long-term sustainability.
We continued continued to position the VCFSE sector at the the VCFSE sector at the VCFSE sector at the sector at the at the the heart of local planning and of local planning and local planning and planning and and investment decisions. Through active involvement in borough partnerships, strategic boards and thematic groups, Sector 3:
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e Influenced system-level conversations on community resilience, health and wellbeing, social value and community power.
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e Raised the sector’s profile with public and private stakeholders.
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e Advocated for increased VCFSE investment—resulting in new funding opportunities that reached local communities.
2. Partnership Development
Our role as a connector has never been stronger. We:
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e Built new alliances with local government, GM partners and anchor institutions.
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e Supported the development of cross-sector initiatives including hubs, networks and collaborative bids.
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e Created spaces for VCFSE organisations to come together, share learning and build strategic relationships.
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3. Income Generation & Reinvestment into Communities
This year saw significant progress in diversifying and increasing the funding flowing into Stockport’s VCFSE sector, we secured funding from multiple programmes including community champions work, family hubs, volunteering initiatives and GM-level programmes. A substantial portion of this income was reinvested into the sector via:
- e« Grant-giving programmes, supporting grassroots organisations. e Community delivery, enabling local initiatives to thrive. e Capacity building, helping organisations grow, innovate and adapt.
4. Strengthening Our Organisation
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This year marked the beginning of a refreshed approach to governance and leadership: e Fournew trustees joined the Board, bringing fresh skills and perspectives. e Wecontinued to embed strong governance principles and review our long-term strategy.
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The CEO oversaw day-to-day operations, enabling trustees to focus on strategic oversight.
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| Acknowledgements | We extend heartfelt thanks to: | e Our dedicated Board of Trustees. e OurCEO and small but highly committed team. | e Our partners across Stockport Council, NHS, GMCA, funders and anchor institutions. « And most importantly—the VCFSE organisations, volunteers and community leaders | who work tirelessly every day to make Stockport a better place. | : Together, we have made powerful progress in 2024/25. We look forward to continuing this work in the year ahead. | Financial review | Sector 3 ended the year with £525,494, | Investment powers and policy | The Trustees having regard to the liquidity requirements of operating the Charity have kept | available funds in an interest-bearing bank account. The Trustees have continued to monitor | the many external influences and resulting internal changes and the position with investment : opportunities and agreed that this remains the best course of action as this would allow necessary access to funds for supporting opportunities or ceasing activities depending on the : outcome of the new commissioning opportunities. | Reserves policy and going concern : The balance held in unrestricted reserves at 31 March 2025 was £375,123 of which £372,920 : are free reserves after accounting for fixed assets. The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately six months of running costs. The unrestricted reserves reflect our continued commitment to deliver programmes and secure new investment while navigating a transition away from single-source funding. Trustees are confident in our ongoing financial sustainability due to:
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e Continued success in diversifying income.
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e Strong levels of restricted funds secured for sector activity.
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e Apositive year-end net assets position.
Risk management
| We have strengthened have strengthened strengthened organisational resilience by: : e Diversifying income income streams across across multiple funders. | e Reducing reliance on a single commissioning arrangement. single commissioning arrangement. commissioning arrangement. arrangement. ¢ Continuing robust financial financial oversight. e Reviewing major risks and mitigating actions quarterly. : Plans for Future Periods | Looking to the year ahead, Sector 3 will focus on four key priorities: 1. Deepen Cross-Sector Collaboration : We will continue to will continue to continue to to shape Stockport’s partnership landscape,
- We have strengthened have strengthened strengthened organisational resilience by: e Diversifying income income streams across across multiple funders. e Reducing reliance on a single commissioning arrangement. single commissioning arrangement. commissioning arrangement. arrangement. ¢ Continuing robust financial financial oversight.
We will continue to will continue to continue to to shape Stockport’s partnership landscape, ensuring VCFSE expertise is embedded across strategic programmes.
- Strengthen Governance & Strategy
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A full refresh of our strategy will be informed by:
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e Anindependent survey of the VCFSE sector. e Insights from emerging community needs.
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e Stockport’s Live Well model and Borough Plan.
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SECTOR 3 STOCKPORT
3. Diversify and Grow Income
| We will expand our offer to align with new corporate partnerships, emerging local priorities, and regional opportunities.
: 4. Enhance Sector Support : We will continue building capacity, strengthening networks and supporting organisations to : collaborate, innovate and secure sustainable funding.
Organisation
The day to day running of the organisation's work is delegated by the board to the CEO,
Related parties and co-operation with other organisations Trustees also have roles in the following organisations:
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M.J. Brade Age UK Stockport & Step Out Stockport Pebble Enterprises Limited M. Edwards Stockport Advocacy Dr P.C. Jarvis Together Trust & Stockport Talking Newspaper
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M.L. Fisher Jump Space K.J. Grant Disability Stockport S.R. Marshall Beacon Counselling
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SECTOR 3 STOCKPORT
| Trustees responsibilities in relation to the financial statements | The Charity Trustees (who are also the Directors of the Charity for the purposes of company | taw) are responsible for preparing a trustees’ annual report and financial statements in | accordance with applicable law and United Kingdom Accounting Standards (the United : Kingdom Generally Accepted Accounting Practice). Company law requires the Charity Trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements, the Trustees are | required to: | e Select suitable accounting principles and then apply them consistently; e Observe the methods and principles in the applicable Charities SORP;
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e Make judgments and estimates that are reasonable and prudent; e State whether applicable accounting standards have been followed, subject to any materiale Prepare departures the financial that muststatements be disclosedon a going and explained concern basis in theunless financialit is statements;appropriate to presume that the charity will continue in business.
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The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity 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 Charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
By order of the Board of Trustees/Directors:
DrP.C. Jarvis Chair of Trustees
Date: 12 December 2025
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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF SECTOR 3 STOCKPORT
I report on the accounts of the company for the year ended 31“ March 2025, which are set out on pages 8 to 21.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity is required by company law to prepare accrued accounts, and I am qualified to undertake the examination by being a qualified member of The Association of Chartered Certified Accountants.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for
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independent examination, it is my responsibility to: e examine the accounts under section 145 of the 2011 Act; « to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(b) of the 2011 Act; and
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« to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as 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 whether 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
Except as disclosed below, in connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements
- e to keep accounting records in accordance with section 386 of the Companies Act 2006; and e to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006; and
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- e with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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James Hilton Jones
Hilton Jones t/a Community Accountancy Service Hollinwood Business Centre, Albert Street, Oldham OL8 3QL Date: 12" December 2025
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SECTOR 3 STOCKPORT
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
(incorporating Income & Expenditure account)
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|Funds|Funds|2025|2024|
|Unrestricted|Restricted|
|Notes|£|£|£|£|
|INCOME|FROM:|
|Gifts &|Donations|3|8,500|-|8,500|4,521|
|Charitable|Activities|4|162,625|502,345|664,970|449,826|
|Other|Income|9,904|-|9,904|18,496|
|TOTAL|181,026|502,345|683,371|472,843|
|EXPENDITURE|ON:|
|CharitableFundraisingActivities|65|(83)83|573,244-|573,16183|504,29744|
|TOTAL|:|573,244|573,244|504,341|
|NET MOVEMENT|IN FUNDS|181,026|(70,899)|110,127|(31,498)|
|Transfers|between|funds|(3,885)|3,885|-|-|
|Total|funds|brought|forward|15|197,982|217,385|415,367|446,865|
|TOTAL FUNDS CARRIED FORWARD|15|375,123|150,371|525,494|415,367|
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The statement of financial activities includes ail gains and losses in the year. The notes on pages 11 to 21 form part of these accounts.
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SECTOR 3 STOCKPORT
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BALANCE SHEET AS AT 31 MARCH 2025
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| Company registration number: 06814531 | ||
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| Notes | 2025 £ |
2024 £ |
| FIXED ASSETS | ||
| Tangible Fixed Assets 10 |
2,203 | 487 |
| CURRENTASSETS Debtors 1 Cash atBank& In Hand |
107,110 603,653 710,763 |
38,278 492,325 530,603 |
| LIABILITIES: | ||
| Amounts falling due within one year 12 |
(187,472) | (115,423) |
| NET CURRENTASSETS | 523,291 | 415,180 |
| TOTALASSETS | 525,404 | 415,367 |
| THEFUNDSOFTHECHARITY Restricted Reserves 15 |
150,371 | 217,385 |
| Unrestricted Reserves 15 |
375,123 | 197,982 |
| TOTAL CHARITY FUNDS | 525,494 | 415,367 |
| Forthe year inquestion thecompanywasentitted tothe exemptionfrom audit | ||
| undersection 477 ofthe Companies Act2006 relating to small companies. -The members have nat required thecompany to obtain an audit of its accounts for the yearin question inaccordance with section476. -The directors acknowledge their responsibilities forcomplying with the requirements of |
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| the Actwith respect to accounting records and the preparation ofaccounts. | ||
| These accounts have been prepared in accordance with the provisions applicable to | ||
| companiessubjecttothesmallcompanies’regime. |
Approved on behalf of the Company's Board of Trustees/Directors:
Director che bee cee etenteetententenrares
Dr P.C. Jarvis
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Date: 12th December 2025
The notes on pages 11 to 21 form part of these accounts.
SECTOR 3 STOCKPORT
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STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 34 MARCH 2025
RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES
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| RECONCILIATION OF NET MOVEMENTOF NET MOVEMENTMOVEMENT IN FUNDS TO NET CASHFUNDS TO NET CASHNET CASHCASH FLOW FROM OPERATINGFROM OPERATINGOPERATING ACTIVITIES |
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| 2025 | 2024 | |
| Netmovement in funds Add back depreciation |
110,127 4,288 |
(31,498) 352 |
| Decrease/{increase) in debtors | {68,832} | (30,405) |
| Increase/(decrease) in creditors | 72,049 | 10,873 |
| Net cash used in operating activities | 114,632 | (50,678) |
| Cash flows from investment activities: | ||
| Purchaseoffixed assets | (3,304) | - |
| Netcash provided by investing activities | (3,304) | - |
| Increase/(decrease) in cash and cash equivalents during the year | 111,328 | (50,678) |
| Cash and cash equivalents brought forward | 492,325 | 543,003 |
| Cashandcashequivalentscarriedforward | 603,653 | 492,325 |
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SECTOR 3 STOCKPORT
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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
- ACCOUNTING POLICIES (a) Basis of preparation and assessment of going concern The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Repubiic of Ireland (FRS 102) issued on 1st January 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. (b) Funds structure Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed. There were 26 restricted funds at the year end. Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion have created a fund for a specific purpose. Further details of each each fund are disclosed in note 15.
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E Further details of each each fund are disclosed in note 15. : (c) Income recognition i All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Donations are recognised when the charity has been notified in writing of both the amount and settlement date. in the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is whoily within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. Operating income represents grants, contracts, donations, facilities charges and bank interest.
{d} Expenditure Recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that setttement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note (f) below.
{e) Irrecoverable VAT
Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
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SECTOR 3 STOCKPORT
| NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 314 MARCH 2025 | (f) Allocation of support and governance costs Support costs have been allocated between governance casts and other support costs. Governance : costs comprise all costs involving the public accountability of the charity and its compliance with ! regulation and good practice. These costs include costs related to independent examination and legal : fees together with an apportionment of overhead and support costs. ; Governance costs and support costs relating to charitable activities have been apportioned based on : staff time and facilities used in each activity. | The allocation of support and governance costs is analysed in note 7.
{g) Charitable Activities
Costs of charitable activities include governance costs and an apportionment of support costs as shown in Note 6. (h) Tangible fixed assets and depreciation Fixed assets are included in the accounts at net book value. Additions of a single item or a group of similar assets exceeding £500, are capitalised at cost (valuation for donated assets). Depreciation is provided to write off the cost less the estimated residual value of tangible fixed assets over their estimated useful lives as follows: Computer Equipment 33.33% on cost Website Development 33.33% on cost Furniture and Equipment 33.33% on cost (i) Taxation : As a charity, Synergy Stockport Lid is exempt from tax on income and gains falling ; within section 466 to 493 of the Corporation Taxes Act 2010 or $256 of the Taxation of Chargeable Gains Act to the extent that these are applied to its charitable objects. The charity is not registered for Value Added Tax. : No tax charges have arisen in the charity. : (j) Pensions The charity contributes to a defined contribution / stakeholder pension scheme. The charity has no : liability beyond making its contributions and paying across the deductions for the employee's contributions. Contributions are charged to expenditure as they fall due. 7 (k) Contingent liabilities A contingent liability is identified and disclosed for those transactions resulting from a possible 2 obligation which will only be confirmed by the occurrence of one or more uncertain future events not ; wholly within the trustees’ control. : (} Operating Leases : Rentals are charged to income and expenditure as they fall due, : (m) Grant Making : Grants are awarded by a panel in line with charitable objects and are made to Stockport based VCFSE organisations to support the work they do in communities. The grants are awarded by a panel which | contains independent community members. (n) Debtors : Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. : (o) Creditors and Provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a ; past event that will probably result in the transfer of the funds to a third party and the amount due to setile the obligation can be measured of estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
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SECTOR 3 STOCKPORT
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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
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:|2 RELATED PARTYTRANSACTIONSANDTRUSTEES’EXPENSES &REMUNERATION
The trustees ail give freely theirtimeand expertisewithoutanyform ofremuneration oranyother|2 RELATED PARTYTRANSACTIONSANDTRUSTEES’EXPENSES &REMUNERATION
The trustees ail give freely theirtimeand expertisewithoutanyform ofremuneration oranyother|2 RELATED PARTYTRANSACTIONSANDTRUSTEES’EXPENSES &REMUNERATION
The trustees ail give freely theirtimeand expertisewithoutanyform ofremuneration oranyother||
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|;|benefit in kind.||||
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:|3 DONATIONSANDLEGAGIES|Unrestricted
2025|Restricted
Total Funds
2025
2025||
|:|General Donations|8,500
8,500|z
-|8,500
8,500|
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PriorYear
:
Unrestricted
Restricted
Total2024
:
£
£
£
:
General Donations
4,521
-
4,521
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4,521
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4,521|||||
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||4 INCOME FROM CHARITABLE ACTIVITIES|Unrestricted
2025|Restricted
=‘Total Funds
2025
2025||
|||£|£|£|
||StockportMBC -Community Champions|59,975|-|59,975|
||StockportMBC - EDI|-|40,000|40,000|
||StockportMBC - Family Hubs|-|51,230|51,230|
||Stockport MBC - Infrastructure|400,000|-|100,000|
||StockportMBC - VolunteerHub|-|40,000|40,000|
||StockportMBC - Funding Lead|.|18,134|48,131|
||Bolton CVS -VRU|-|8,833|8,833|
|:|10GMVRU|-|18,966|18,966|
||10GM NHS- Height Weight
10GM -Accord Ecosystem|-
-|5,626
8,652|§,626
8,652|
||10GM - Vaccinations|-|19,000|19,000|
||10GM -Accord Localities|-|9,085|9,085|
||StockportActive
GMCA -GMRIP|-
-|20,000
3,092|20,000
3,092|
||GM - Moving in Action|-|4,000|4,000|
||Kao Data|.|30,000|30,000|
|:|GMCVO - ProperGood|-|56,281|56,281|
|i|StockportMBC ~UKSPF|-|40,000|40,000|
||40GM - UKSPF|-|30,000|30,000|
||10GM - E11|-|60,199|60,199|
||10GM - E26|-|35,000|35,000|
||10GM - Bursary|750|-|750|
|:|StockportMBC - Social Enterprise|-|7,250|7,250|
||StockportMBC -Attendance|900|-|900|
||StockportMBC -Annual Event|1,006|-|1,000|
|||162,625|502,345|664,970|
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SECTOR 3 STOCKPORT
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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
4 INCOME FROM CHARITABLE ACTIVITIES cont.
| PriorYear | |||||
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| Unrestricted | Restricted | Total 2024 | |||
| National LotteryCommunityFund StockportMBC -Core Stockport MBC -Community Champions |
39,800 70,000 25,000 |
- - - |
39,800 70,000 25,000 |
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| Stockport MBC - EDi | - | 40,000 | 40,000 | ||
| StockportMBC - FamilyHubs StockportMBC |
- 5,938 |
27,659 - |
27,659 5,938 |
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| StockportMBC -Volunteer Hub | 25,000 | - | 25,000 | ||
| 10GM VRU | - | 42,500 | 12,500 | ||
| Greater ManchesterCombined Authority | 17,827 | - | 17,827 | ||
| GM Step Change | - | 12,500 | 12,500 | ||
| Greater ManchesterCombined Authority | - | 28,500 | 28,500 | ||
| Stockport Refugee Consortium | - | 900 | 900 | ||
| StockportDevelopment GMCVO |
2,000 57,700 |
- - |
2,000 57,700 |
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| StockportMBC - UKSPF | - | 20,000 | 20,000 | ||
| 10GM -UKSPF StockportMBC Food Network |
- (5,000) |
69,502 - |
69,502 (5,000) |
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| 238,265 | 211,561 | 449,826 | |||
| EXPENDITURE ON RAISING | |||||
| 5 | FUNDS | ||||
| ProjectCosts | Total 2025 | Total2024 | |||
| Fundraising Costs | 83 | 83 | 44 | ||
| 83 | 83 | 44 | |||
| EXPENDITURE ON | |||||
| 6 | CHARITABLE ACTIVITIES | ProjectCosts | Total 2025 | Total 2024 | |
| £ | £ | £ | |||
| Salaries & Pension Costs | 343,846 | 343,846 | 272,817 | ||
| Events & Activities | 28,513 | 28,513 | - | ||
| Grants Awarded | 45,335 | 45,335 | 31,260 | ||
| VolunteerExpenses | 18 | 18 | - | ||
| Consultancy Subscriptions StaffTravel |
82,808 323 4,886 |
82,808 323 4,886 |
98,129 8,686 11,854 |
||
| Advertising & Publicity | 1,794 | 1,794 | 4,402 | ||
| StaffTraining | 6,617 | 6,617 | 4,670 | ||
| Room Hire & Refreshments | 7,295 | 7,295 | 9,863 | ||
| StaffWelfare | 246 | 246 | - | ||
| Support Casts | 49,997 | 49,997 | 64,140 | ||
| Governance Costs | 1,483 | 4,483 | 1,476 | ||
| 573,161 | 573,161 | 504,297 | |||
| 2025 | 2024 | ||||
| Unrestricted Funds | - | 273,038 | |||
| Restricted Funds | 573,244 | 231,259 | |||
| 573,244 | 504,297 |
|
|
2 : ; : : : | | : :
: :
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SECTOR 3 STOCKPORT
|
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
7 ALLOCATION OF GOVERNANCE AND SUPPORT COSTS
| Support Costs |
Governance Costs |
2025Total | 2024 Total | ||
|---|---|---|---|---|---|
| Rent&CouncilTax Heat, Light&Water IT &Computer Maintenance |
16,344 - 10,635 |
- - - |
16,344 - 10,635 |
4322 1878 27184 |
|
| Cleaning | 15 | - | 15 | - | |
| Repairs and Maintenance HR Services& Payroll Medical Insurance Book-Keeping Insurance Legal Fees Minor Equipment Telephone& Internet Bad Debts |
220 6,561 1,083 5,457 4,053 - 4,151 1,529 - |
- - - - - - - - : |
220 6,561 1,083 5,457 4,053 - 1,151 1,529 - |
- 9442 - 8668 1124 3393 - 488 245 |
|
| Printing, Stationery & Post | 2,005 | - | 2,005 | 3784 | |
| Depreciation Sundries BankCharges |
1,288 (536) 123 |
- - - |
1,288 (536) 123 |
352 3179 81 |
|
| Accountancy | - | 1,483 | 1,483 | 1476 | |
| Professional Fees | 69 | - | 69 | - | |
| 49,997 | 1,483 | 51,480 | 65,616 | ||
| & | STAFF COSTS | ||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Salaries andwages | 309,614 | 247,594 | |||
| Social security costs | 25,770 | 48,548 | |||
| Pensions | 8,465 343,846 |
6,675 272,817 |
|||
| No empioyee received emoluments ofmore then £60,000. | |||||
| Theaveragenumberofemployeesduring theyearwasasfollows: | follows: | Number | Number | ||
| Services | —oD es: en: |
||||
| The charity considers its keymanagement personne! comprises the trustees and CEO. The | |||||
| totalemployment benefits, including employer pension contributions of the | keymanagement | ||||
| personne!was £54,431 (previous year: £55,286), No employee has benefits in excess of£60,000. | £60,000. | ||||
| 9 | INDEPENDENT EXAMINERS FEES | ||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Independent examination fees | 1,483 1,483 |
1,476 1,476 |
9 INDEPENDENT EXAMINERS FEES
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SECTOR 3 STOCKPORT
: | | |
- | : , : : :
:
:
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
10 TANGIBLE FIXED ASSETS
| 10 | TANGIBLE FIXED ASSETSFIXED ASSETSASSETS | |||||
|---|---|---|---|---|---|---|
| 10 | TANGIBLE FIXED ASSETSFIXED ASSETSASSETS COST At1 April2024 |
Computer Equipment £ 2,573 |
Fixtures& Fittings - |
Total £ 2,573 |
||
| Additions | 1,797 | 1,507 | 3,304 | |||
| At 31 March 2025 | 4,370 | 1,507 | 5,877 | |||
| DEPRECIATION | ||||||
| At 4 April 2024 Charge forYear At31 March 2025 |
2,386 786 3,172 |
- 502 502 |
2,386 1,288 3,674 |
|||
| NET BOOK VALUE | ||||||
| At31 March 2025 At 31 March 2024 |
1,198 187 |
1,005 - |
2,203 187 |
|||
| 11 | DEBTORS | |||||
| 2025 | 2024 | |||||
| £ | £ | |||||
| Debtors Prepayments &Other Debtors |
94,118 12,992 |
37,436 842 |
||||
| Restricted Unrestricted |
- 107,110 |
- 38,278 |
||||
| 407,110 | 38,278 |
|
SECTOR 3 STOCKPORT
17
| : : : : : : , | : : : :
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
12 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
==> picture [417 x 205] intentionally omitted <==
----- Start of picture text -----
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|2025|2024|
|Other Creditors|17,653|6,016|
|Deferred|Income|167,630|104,000|
|Holiday Pay Accrual|700|-|
|187,472|115,423|
|Accruals|1,489|5,407|
|DEFERRED INCOME|
|Balance|as|at|31st|March|2024|104,000|
|Amount|released|to income earned|from|charitable|activities|(104,000)|
|Amount|deferred|in year|167,630|
|Balance|at 31st March|2025|467,630|
|13|TAXATION AND VAT|
|As a|charity,|Sector|3 Stockport|is exempt from|tax on income and|gains|falling|
|within|section 486|to 493|of the|Corporation|Tax Act|2010|or S256|of the|Taxation|of Chargeable|
|Gains Act|to the extent|that these|are|applied|to|its|charitable|objects.|
|The|charity|is|not registered|for Value Added|Tax.|
----- End of picture text -----
14 GRANT MAKING
Analysis of grants paid (included in cost of charitable activities)
| |
==> picture [402 x 50] intentionally omitted <==
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|Grants|to|Grants to|
|institutions|individuals|Support costs|2025|2024|
|£|£|£|£|
|Community|Grants|45,335|-|-|45,335|31,260|
|45,335|”|:|45,335|31,260|
----- End of picture text -----
Community grants are awarded to organisations following an application process with decisions made by a pane! containing independent community members. in 2025 grants were awarded to 25 (2024: 15} organisations.
|
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SECTOR 3 STOCKPORT
;
| | : | :
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
| 45 | MOVEMENTS INFUNDS | AtistApril 2024 £ |
Incoming Resources £ |
Transfers £ |
Outgoing Resources £ |
At31stMarch 2026 £ |
|---|---|---|---|---|---|---|
| Restricted Funds: | ||||||
| National LotteryCommunity Fund | 9,808 | - | - | (9,808) | - | |
| StockportMBC - EDI StockportMBC -FamilyHubs StockportMBC -VolunteerHub |
23,006 27,659 - |
40,000 51,230 40,000 |
~ - - |
(23,006) (27,659) (40,000) |
40,000 51,230 - |
|
| StockportMBC-FundingLead | - | 18,131 | - | (18,131) | - | |
| Bolton CVS -VRU | - | 8,833 | - | (8,833) | - | |
| 10GM NHS- HeightWeight 10GM -Accord Ecosystem |
- - |
5,626 8,652 |
- - |
(5,626) (8,652) |
- - |
|
| 10GM - Vaccinations | - | 19,000 | 23 | (19,023) | - | |
| 10GM -Accord Localities | - | 9,085 | - | (9,085) | - | |
| StockportActive | - | 20,000 | - | (20,000) | - | |
| GMCA -GMRIP | - | 3,092 | - | (3,092) | - | |
| GM -Moving inAction Kao Data |
- - |
1,000 30,000 |
- - |
(1,000) (30,000) |
- - |
|
| GMCVO - ProperGood | - | 56,284 | 3,862 | (60,143) | - | |
| GM StepChange GreaterManchesterCombined Authority StockportMBC -UKSPF 10GM -UKSPF |
12,500 23,145 20,000 69,502 |
- - 40,000 30,000 |
- - - - |
(12,500) (23,145) (49,825) (69,502) |
- - 10,475 30,000 |
|
| 10GM - E11 | - | 60,199 | - | (60,199) | - | |
| 10GM - E26 | - | 35,000 | - | (35,000) | “ | |
| StockportMBC - Social Enterprise StockportMBC -Community Champion 10GMVRU |
- 6,148 25,617 |
7,250 - 18,966 |
- - - |
(7,250) (8,148) (25,617) |
- - 18,966 |
|
| 217,385 | 502,345 | 3,885 | (573,244) | 450,371 | ||
| Unrestricted Funds: | ||||||
| General | 197,982 497,982 |
181,026 181,026 |
(3,885) (3,885) |
: - |
375,123 375,123 |
|
| TotatFunds | 415,367 | 683,371 | - | (573,244) | 525,494 |
SECTOR 3 STOCKPORT
:
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
15 MOVEMENTS IN FUNDS
| : | PriorYear | AtistAprii | Incoming | Outgoing At31stMarch |
|---|---|---|---|---|
| : 2023 Resources Transfers Resources 2024 : £ £ £ £ £ |
||||
Restricted Funds: National LotteryCommunityFund 9,808 - - - 9,808 StockportMBC -EDI - 40,000 - (16,994) 23,006 StockportMBC -FamilyHubs - 27,659 - - 27,659 StockportMBC -VolunteerHub 40,567 - 15,000 (55,567) - |
GMStepChange - 12,500 - - 12,500 Greater ManchesterCombined Authority 6,510 28,500 - (11,865) 23,145 |
|||
| Stockport RefugeeConsortium StockportMBC -UKSPF 10GM - UKSPF |
- - - |
900 20,000 69,502 |
6,100 (7,000) - - - 20,000 - - 69,502 |
|
| : E |
StockportMBC -ARC StockportMBC -OSLF StockportMBC -HAF StockportMBC -CommunityChampion StockportMBC -Food Network StockportMBC (HSG) StockportMBC BoltonCVS |
4,008 580 5,000 12,571 (18,893) 22,000 25,750 500 |
- - - - - - - - |
- (1,008) - - (580) - - (5,000) - - (6,423) 6,148 18,893 - - - (22,000) - - (25,750) - - (500) - |
| 10GM VRU | 19,673 | 12,500 | - (6,556) 25,617 |
|
| WEA | §97 | - | - (597) - |
|
| ; : |
WEA Round 2 Great Places Housing Group GMCVO ProperGood StockportMBC -Core StockportMBC -Connector |
60 15,000 46,033 472 1,929 |
- - - - - |
- (60) - - (15,000) - - (46,033) - - (472) - - (1,929) - |
| SMBC - ITUpdate | 7,925 197,090 |
- 211,561 |
< (7,925) : 39,993 (231,259) 217,385 |
|
| Unrestricted Funds: | ||||
| General | 249,775 249,775 |
261,282 261,282 |
(39,993) (273,082) 197,982 = (273,082) 197,982 |
|
| TotalFunds | 446,865 | 472,843 | 39,993 (504,341) 415,367 |
i | | : : : : : |
SECTOR 3 STOCKPORT
20
:: : : i :
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
15 MOVEMENTS IN FUNDS
:
Name of restricted fund: Description, nature and purpose of the fund National Lottery Community Fund to cover costs of website, marketing & communications, to deliver learning and networking events for VCFSE sector. Stockport MBC - EDI to fund a community inclusion lead Stockport MBC - Family Hubs to employ a Family Hubs Co-ordinator to support the resilience of the VCFSE providers Stockport MBC - Volunteer Hub to lead the development of Stockport's Volunteer Hub Stockport MBC - Funding Lead to employ a funding lead to support the VCFSE sector Bolton CVS - VRU to deliver a pragramme aimed at youth engagement in Adswood & Bridgehali 40GM NHS - Height Weight for health engagement activity 10GM - Accord Ecosystem {o support the GM accord implementation in locality 40GM - Vaccinations for health engagement activity 10GM - Accord Localities to support the GM accord implementation in locality Stockport Active to support the youth led funding GMCA - GMRIP for project expenses GM - Moving in Action for local engagement activity Kao Data grant giving programme GMCVO - Proper Good social enterprise support programme GM Step Change to facilitate ihe development of a Stockport Refugee & Asylum Seeker Consortium Greater Manchester Combined Authority towards Keep Stockport Caring project Stockport MBC - UKSPF employment of an apprentice 10GM - UKSPF infrastructure support development 10GM - E11 for the VCSE Infrastructure program 10GM - E26 support for the Social Economy Programme Stockport MBC - Social Enterprise to support the social enterprise network Stockport MBC - Community Champion —_grant monies to distribute to the VCFSE sector 10GM VRU to empfoy a VRU co-ordinator for Stockport
|
SECTOR 3 STOCKPORT
21
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: ; |
:
|
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
16 ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| Funds | Funds | Total 2025 | ||
| £ | £ | £ | ||
| Tangible Fixed Assets | 2,203 | - | 2,203 | |
| Net CurrentAssets | 372,920 | 150,371 | 523,291 | |
| 375,123 | 150,371 | 525,494 | ||
| PriorYear | Unrestricted | Restricted | ||
| Funds | Funds | Total 2024 | ||
| Tangible Fixed Assets | 187 | - | 187 | |
| Net Current Assets | 197,795 | 217,385 | 415,180 | |
| 197,982 | 217,385 | 415,367 | ||
| 17 | CONTINGENT LIABILITIES | 2025 | 2024 | |
| At34March | nil | nil |
: : : | : : : ?
18 CAPITAL COMMITMENTS Authorised but not contracted for £nil (2024: £nil}.
19 GOING CONCERN
The funding regime has changed from mainly grant funded to a predominantly commissioning basis
which has a greater degree of uncertainty for the charity. Due to responsive planning, the trustees consider that it is appropriate to prepare the accounts on a going concern basis and, consequently, the accounts do not include any adjustments that would be necessary if the funding sources should cease.
20 CONTROL OF THE COMPANY
:
Control of the company lies with the volunteer trustees named on Page 1.
| :
21 POST BALANCE SHEET EVENTS The trustees consider that there are no other significant post balance sheet events that impact on the financial statements as presented.