Registered number: 07203313 Charity number: 1135880 NORTHERN INTER￿CHoOLs CHRISTIAN UNION (A Company Limited by Guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Armstrongwatson. Accountants, Business & Finanaal Advisers NORTHERN INTER4CHOOLS CHRISTIAN UNION (A Company Llmited by Guarantee) CONTENTS Page Reference and Administrative Details of the Charity. its Tru$tses and Advisers Trustses. Report Ind•￿ndent Exarninerfs Report statpm8nt of Financial Actlvltles 10 Balance Sheet Notes to the Financial Statsments 13-25 NORTHERN INTER-SCHOOLS CHRISTIAN UNION {A Company Limitsd by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2025 Trustees Mr Dawd Grime, Tnjstee (resigned 15 September 2025) Mrs Ruth Houston, Trustee Mr Ajastair Richards, Trustee Mr lan HaNe, Trustee Reverend Mathew Ineson. Trustee {resigned 16 March 20261 Mr Jeremy Bebbington, Trustee (appointed 15 September 2025) Mr Simon Astill. Twstee (appointed 7 July 2025) Mrs Laura Watson. Trustee {appointed 26 January 20261 Cixnpany registered number 07203313 Charity registered number 1135880 Registered offi¢e 57 Lancaster Road Camforth Lancashire L15 9LE Accountants Armstrong Watson LLP Carleton House 136 Gray Street Workinglon Cumbria CA14 2LU Page 7 NORTHERN INTER4CHOOLS CHRISTIAN UNION (A Company Limited by Guar4ntse) TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEM8ER 2025 The Trustee5 present their annual report tty3ether wth the financial statements of the charity for the 1 January 2025 to 31 December 2025. The Annual Report serves the purposes of both a Trustees. report and a directors, report under company law. The Trustees confim th* the Annual Report and financial slalements of the charitable company Comply with the current statLrtory ￿qUirements, the requirements of the charitable ¢ompany's governing document and the piomsions of the Statement of Recommended Practice ISORPI applicable to charities preparing their aecounts in accordance wth the Financial RepoTb"ng Standard applicable in the UK and Republic of Ireland IFRS1021 (effective 1 January 20191. Since the charty qualffies as small under sectIc￿ 382 of the Companies A¢t 2006. the Strategic Report required of medium and large companies under the Companies Act 2006 {Strategic Report and Directors. Report} Regulations 2013 has been omitied. Company infomiation Introduction The Northem Inter-schools Christian Union 1$ a tharrtable company limited by guarantee. It was incorporated on 25th March 2010 to tske over from the North West Evangelistic Trust (Charity No. 2466611. This had been fomied in 1965 the aim of makn.ng known the gospel of the Lord Jesus Christ in North West England by all possible means. NISCU was sel up under a Memorandum of Association agreed by the exssting trustees of NWET on 9th March 2010 and is governed by Artides of Assouation. Constitutional Objects and Polici•$ NISCU is a non-denominational Organisation ¢omrnitted to Christian ministry and to acting Co-tsperalively wlh local churches in its work wth young people. Authority is in the hands of the Directors have delegated that lo the Chief Executive Officer whose powers, as well as those of the Area Support Groups, are regulated by written policies. NISCU acts as 3 resour¢e for local schools, so that the central beliets of the Christian faith may be ommunicated to young people in an appropriate Nfdy as part of theii educab"on. It operates in a number of geographirAI areas in nort1￿weSt England. Poli The main objective is thal= Children and young people in educalion (principally in Northem England) ￿11 grow in their kno￿edge and undeT5tanding of the Christian faith as found in the Bible, and also in understsnding tts implicats"ons. Dira¢tors Simon Astill (Appointed 7.07.25) Jeremy Bebbinglon (Appointed 15.09.25- Vice Chwrfrom 16.03.261 David Grime (Chair until 15.9.251 lan Harvie Ruth Houston (Chair from 15.9.251 Malhew Ineson (Resigned 16.03.26 Alastair Richards Laura Watson {Ap￿inted 26.01.26) Chlef Executive Officer Nicholas Klein Page 2 P40RTHERN INTER-SCHOOLS CHRISTIAN UNION (A Company Limited by Guarnnteel TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Registered Office 57 Lancaster Road. Carnforth. Lancashire, LAS 9LE Telephone.. 01524 732 764 E-mail". admin@niscu.org.uk Websrte.. wvM.nis¢u.org.uk Objectives and activities . Busines5 Revlew Public Benefft In all ils actiwties the directors are mindful of their duty to prowde public benefit by making access wdely available and serving the needs of the schools in wthich NISCU slaff ￿￿rk. NISCU has an open access policy for its general school dubs so that any student of appropriate year group may attend. For residential events Iweekends or fvll weeks) each of the consliluenl a￿a$ provides funding for those families of limited means where appropriate. This is done by use of general funds or personal sponsorship by supporters of the charity. Activities In school The Core lasks of staff wthen working in schools fall into the categories shown below. Assemblies and lessons frt the needs of the school, and dubs are voluntary and open to all ￿$h to attend. Assemblies These have been for erther the school or specific groups. They are at the inwtsb.on of the School and are designed to inform students and to encourage them to think for themselves al)OLrt issues of faith, ethics and lifestyle. Within NISCU'S stated aims content can be customised to School requests. Primary woth includes a programme of assemblies al interva15 requested by the schools, some once per term or half temi and others monthty. Puppet show5 have an important place partt'culady in tsvo areas where there are four dedicated volunteer teams in totsl. In other areas the sch(wl's workers themselves use puppets whert appropriate. Lessons A¢¢ording to the needs of the schools and the skills of NISCU staff. lessons include Religious Education., Personal and Social Education,. English., Art, Drama and Poety, but are not restricted to these. Clubs These lake place during lunch breaks or after school. They are open to anyone (subject to age) and are designed to be both recreational and thoughl-provoking thui the Christian faith and related issue5. The content and style is tailored to the parb"ripant5. Page 3 NORTHERN INTER4CHOOLS CHRISTIAN UNION IA Company Limlted by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 202S Obj8ctiv8s and a¢tlvltles Icontinuedl Pastoral In a few cases. Nthere the school authoribes ￿qUeSt. NISCU staff have been involved in pasloral and mentoring work. Video material Use of wdeo links and pre-recorded material continue lo be used, using skills leamed during the Covid pandemic. This has enabled Christian ministy to be shared in a greater number of schools, both those regularly visrted, and some not prewousty partnered vnth NISCU. Beyond the school Growth and Develo ment The Fumes5 area is still dormant, but in this a￿a is still very much an ambTtion of the Directors. Merging th an adjoining area may be a possibility. Staff have increased their efforts lo prowde links *ith local churches and seek lo encourage. help and resource Ihern as they work vmth young people. This is an area of work ￿￿Ch conb'nues to be gtven greater emphasis. together wth building relationships throughout the NISCU region. The temily Conne¢i bulletin is part of that effort. NISCU Connect an inits.the intrOdU￿d towards the end of 2022 has conts"nued. Circulated temly 'Connect' sthedules all chuich acb"vilies and events that may be of inte￿t to children and young people in a given area. Residential even There were no residentials planned for this year, but consideralion is being given to future events. Student volunteers The￿ have been no student volunteers this year, bul as in the past Ét is an area we would encourage in the future when appropriate. Communi links Unfortunately, the collaboration *ith the Churth of England Blackbum Diocese and the 'Bishop's Bible Challenge, has not resumed since the pandemic. However, the D1￿CtOrS would be very supportive of further work in this are if opportunity arose. Listenin Service Due lo finanaal constraints some managerial thange5 have been made, but it is pleasing to note that medium term funding ha5 been secured from outside sources_ The CEO has taken over the management of the se￿iCe. Volunteers Continue to be trained in most parts of the NISCU operab.onal area. Listening services continues to grow in terms of numbers of pupils who are listened to. numbers of volunteer listeners in training or actively placed in schools and the number of churches represented in listening seThices. There is also some evidence of a Correlation betr￿en active listening seNces in schools and those schools being more open to working wlh NISCU andlor local churches in mutualty benefiaal ways. Page 4 NORTHERN INTER-SCHOOLS CHRISTIAN UNION {A Company Limited by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Financial revlew a. Property and finance 57 Lancaster Road. Camforth meets the Company's need for a central office and is generally maintained in good condition. The upper floor of the building provides separate office arKi toilet facilities for 'Sportsreach", a local Christian charity. with Vdhom we have links, %thich rents this spa￿. Darnp ingress of the propety has been a cortcem and a programme of work to reduce and prevent this is being undertaken. Low operating cost for the buildings at 57 Lancaster Road. along vthh consistent giving to the charity, enable the directors to report that, at the end of 2025. NISCU'S a¢¢ounts are debt-free. The company has no Investments apart from bank deposits and ovms outright 57 Lancaster Road, Camforth and its fixtures and ffith"ngs, together th the equipment provided for the staff for carrying out their duties. The SMT and Directors ¢onlinue to look at the fiJture funding of NISCU. both short and medium temi and consult gularly with support group officers about ways of achieving income that will sustain development of activities from the centre as well as the Areas. Some Areas have office space prowded freety or at low ￿$t, by local churches. Business Class is an initi.ative introduced during 2019 to encourage businesses to support Central funding. Because of the coronavirus this scheme has become 'domiant'. It may be reintroduced. or something similar to it. during 2026 or vthen appropriate. The financial status of NISCU at the erKI of 2025 wa5 healthy, largely due to an awareness campaign through the AGM period. At the end of the year volunteers NbEre also found to support the work of fund raising for the organisation with a particular focus of financing the ￿$tenIng setvices and Central on•COSt5. Central costs still remain a concern for the Directors. Structure, govemance and managemont a. Leadership The Chief Executive Officer (CEO) oversees the of the Charity on a day-ttrday basis. The CEO is acCoUnta￿e to the DirectOTS for the operab.on of the company and is responsible for the operational policy under the overarching general policy e5tsblished by the Directors. The CEO Wofks in partnership with the Operations Manager and Finanrjal Administrator. Together they fom the Senior Management Team ISMTI. Two senior staff membeT5 assist the CEO as Area Managers. Where mutually ￿able and beneficial, staff have planned and delivered work co-operativety across geographical area5, induding digitally. The latter has become more prominent. The CEO is Co-opted to the Board of Education. CartI￿e Diocese. Page 5 NORTHERN INTER4CHOOLS CHRISTIAN UNION IA Company Limited by Guarante&) TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Stru¢ture. governance and management (continued) b. Staff Management and Development This Is in the hands of the Senior Management Team ISfvIT) and this continues lo strengthen the oversight and professional leadership of the stsff. 11 has not been felt necessary to add lo the SMT, but this continues to be reviewed and the Diiectors would not be averse lo emplowng addTbonal staff should circumstance5 dictate and fund5 peimil. Staff, froffl all area5, have been able to meet in person on Team days and at the annual retreat alongside regular virtual meetings. c. Stsffing facts {31st D8￿Mber 2025) The CO￿ financial commitment of the company has been the prow5ion of salaried staff to lead and to work as Schools WO￿ stsff in the seven constrtuent areas of the organisation. Parttime chief Executtve Officer A￿a staff Operation5 Manager Financial Adminislralor Listening Setvice Team Leader 1 Marketing Assistant 13 114 in 20241 (Working 8 hours) (As 20241 18 hours per weekl (Area staff member inpuls 2 hours per week) Voluntary (by areal Eden North Cumbria North Lan¢s South Lakes West Cumbria Indudes Area Support Committees, Puppet teams and knstening Service 15 16 116 in 20241 115 in 20241 13 in 20241 123 in 20241 21 Voluntary Co-workers Numerous They WO￿ %Mth and under the authority of staff to assist in dubs and other aclivilies. d. Organl$atlon Administration This is the responsibility of the Operations Manager who is a5SiSted very competendy in the day-to4lay tssks by the Financial AdmirFislrator. Page 6 NORTHERN INTER4CHOOLS CHRISTIAN UNION IA Company Limited ty Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Structurg. govemance and management {continued Media and Marketing One member of staff is employed as marketsng manager whose responsibilities include the NISCU Connect bulletsn, Social media and supporbng each brand guidelines in area marketing. NISCU does not currenuy employ a media manager. Area Support Groups There are six operational support groups. It had been hoped that a fvrlher group. in the Fumess Area, would be established during the year, but this has not been possible_ The Directors are keen that a support group for the Furness area be set up as circumstsnces permrt. The Directors a￿ en¢ouraged to see that efforts to nurture a strong Area Support Group in Craven a￿ beginning to bear fru Area Support Groups are elected at a local Annual Meeting of supporters. They are properfy consts"luted and operate under the authority of the Chief Executive Officer and meet regularfy for minuted business throughout the year. Since the pandemic some areas have COn￿"nued Ihe pracb.ce of meeb.ng online wth the AGM becoming the sole physical meeting. Support Group members are drawn from a range of local suppoiting churches and a￿ responsible for the financial and prayer support of staff worknng in the area and keeping local churches and supporters informed of ath'vity and developments. Area finances a￿ managed centralty. The committees have a more strategic role than just supporting. They plan vth the SMT for the longer temi and work to strengthen the links wlh 5UPPOrters and churches. 11 is part of NISCU'S ongoing ¥ision to grow this aiea of wotk and so to train and help volunteers in partnership together. Gov8rnance As indicated previously. the director5 have employed a Chief Exe￿ItiVe Officer to lead and to manage NISCU. The Director5 im￿emented a programme of policy govemance from the outset of the company. This codifies govemance in five policy doGuments and together this allows the Chief Executive Officer the freedom lo develop the aGtivities of the ¢ompany ￿lIe the Directors hobj him accountable for its operation. These policies are reviewed at regular Inte￿alS. e. Policies a. Risk The directors acknovAedge their Tesponsibilty to identsfy and minimise risks and keep such poliaes under review. The charity has a welkestsblished child protection policy vthich is regularfy reviewed by the Chief Executive Officer andlor other members of the Senior Management Team and annually by the Directors. Child protection is aCkno%￿edged as the key risk area and the charity has risk identthcab.on procedures in place, and policies for making staff and others aware and minimising such risks. b. Re5erve5 The main expenses of the charity relate to staff costs and the main source of in¢ome is donations from supporters. The Directors are of the view that the a55et5 of the trust are siJffiGient to meet immediate contingencies. Page 7 NORTHERN IMTER-SCHOOLS CHRISnAN UNION IA Company Limited by Guar4ntse) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Structur•* gov¢man¢e and management (continued) c. Investments The Directors are of the view that long-temi risk based investment of funds is inappropriate for the objects of the company. Surplus funds are invested in ¥￿essible bank, building society and Charits"es Aid Foundation accounts al the best rate of interest available. d. Restricted Funds Any Area restricted funds showng a fvnd balance defiat to the centre during the year were supported by the D1￿CtOrS from general funds rf necessary. ￿ of the restricted funds were in ￿edit at the year-end. Statement of Tntsts•$' rn$pon$ibllllies The Trustees Ivtho are also the directors of the charity for the purposes of company lawl are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and Uniteil Kingdom Accounbng Stsndards (United ￿"ngdorn Gener￿ty Accepted Accounting Practice). Company law requires the TTUStees to prepare ffinanaal statements for each firranrial . Under company law, the Trustees must not approve the finanaal statements unless they are satisfied that they give a true ar>d fair view of the stsle of affairs of the charty and of its incoming resources and application of ￿sources. induding ils income and expend(fure, for that period. In preparing thv3e financial statements, the Trustees are required to". select 5uilable accounting poliaes and Ihen appty them consistent￿. observe the methods and prinriple5 of the chartb.es SORP {FRS 1021. make judgments and accounting estsmates that are ￿aSOnable and prudent". stste whether applicable UK Accounting Slandards {FRS 1021 have been followed, subject lo any material departures disdosed and explained Én the financial ststements,. prepare the financial statements on the going concem basis unless it is inapwopriate lo presume that the charity wll conb.nue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the charity's transactions and disclose vthh ￿asOnable aGGurJGy at any lime the finanThal positson of the charity and enable them to ensL*re that the financial statements comply vAth the Companies Act 2006. They are a150 responsible for Safeguarding the assets of the charity and hence for tsknng ￿8$Onable step5 for the preventson and detection of fraud and other irregularitses. Approved by order of the members of the board of Trustees and signed on their behaw by.. Mr5 Ruth Houston Date.. 6 July 2026 Page 8 NORTHERN INTER4CHOOLS CHRISTIAN UNION (A Company Limited by Guarantéal INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Indepèndent Examinerfs Report to the Tn￿teeS of Northem Intsr4chools Christian Union {Ihe charity'l I report to the chanty Trustees on my examination of the accounts of the Charity for the year ended 31 December 2025. Responsibilitie$ and Basis of Rgport As the Trustees ol the charity {and rt5 director5 for the purposes of company law} you are responsible for the preparation of the account5 in accordance the requirements ofthe Companies Act 20061'the 2006 Act'l. Having satisfied mysew that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examinats.on of the charitys accounts carried out under section 145 of the Chariti'es Act 2011 Ilhe 2011 Acy). In carrying out my examination I have followed the Directions given by the Charty Commission under Section 145{51{bl of the 2011 Act. Independefrt Examinerfs Ststèmwrt Since the charitys gross income exceeded £250,000 your examirter must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualffie(I to undertake the examination because l am a member of ICAEW, which 15 one of the listed bodies. I have completed my examinalyon. I confimi that no matters have come to my attention in ￿nnectIOn wlh the examination giving me cause to believe.. accounting records We￿ not kepl in ￿Spect of the charity as required by sectton 386 of the 2006 Act,. or the accounts do not accord those records., or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a Irue and fairf wew lwbich is not a matter ¢on$idered as part of an independent examination.. OT the accounts have not been prePa￿d in a¢¢ordan¢e with the methods and principles of the Statement of Recommended Practice for accounting and ￿p0￿￿9 by charitses lapplicable to charities preparing their a¢¢ounls in accordance vrtth the Financial Reporting Standa¥d applicable in the UK and Republic of Ireland IFRS 10211. I have no concems and have come across no other matters in ￿nnectIOn wth the examination to which attention should be drnwn in this report in Lyder to enable a proper understanding of the accounts to be reached. This Teport is made solety to the charitys Trustees, as a body, in accordance th Part 4 of the Charities (Accounts and Reports) Regulations 2008. My ￿K)rk has been undertaken so that I might stste to the charity's TTUStee5 those matters l am required to 5tste to them in an Independent Ex3mine¢s Report and for no other purpose. To the fullest extent pemiitted by law. I do not accept or assume responsibility to anyone other than the arity and the Charity's Trustees as a body. for my work or for this report. Signed". Dated= 6 July 2026 steven Kirkbride BFP FCA ATT bAAAT Arn7Strong Watson LLP, Workn"ngton Page 9 NORTHERN INTER4¢HOOLS CHRISTIA14 UNION (A Company Limited by Guarnntse) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 DECEMBER 202S Unrestricted funds 2025 Restrict8d nds 2025 Total funds 2025 Total funds 2024 Note Income from: Donations and legarAes Investments Other income 29,393 2,925 3,219 285.749 974 3,669 315.142 3.899 6,888 268,033 4,923 3,865 Total incorne 35.537 290.392 325,929 276,821 Expenditure on: Charitable activities 7T.997 225.399 303,396 321,097 Totsl expendlture 77,997 225,399 303,396 321,097 Net lexpenditure)fincome Transfers be￿en fvnds 142,460) {1.340) 64.993 22,533 (44,276) 12 Net movement in funds 143,8001 66.333 22.533 (44,276) Reconciliation of funds: Total funds brought forward Net movement in lunds 86.$47 {43,8001 180.236 66.333 266.783 22.533 311,059 (44,276? Total funds carried for4Yard 42.747 246.569 289,316 266, 783 The Statement of Financial ACtiv￿eS indudes all gains and losses recognised in the year. The notes on pages 13 to 25 form part of these finan¢ial statements. Page 10 NORTHERN INTER4CHOOLS CHRISTIAN UNION (A Company Limited by Guarantee) REGISTERED NUMBER: 07203313 BALANCE SHEET AS AT 310ECEMBER 2025 2025 2024 Fixed assets Tangible assets 42.388 41,979 42.388 47,979 Current assets Debtors 10 11.609 24S.628 8,812 226,817 Cash at bank and in hand 2S7,237 235,629 Current liabllltles Creditors.. amounts falling due within one year (10.3091 (10,825) Net current assets 246,928 224,804 Totsl as$¢ts I￿$ currnnt liabilities 289.316 266,783 Not assèts excluding pension asset 289,316 266,783 Total net assets 289.316 266,783 Charity fund5 Restricted fijnds Unre$lricted funds 12 215.647 73.669 180.236 86,547 12 Totsl funds 289,316 266, 783 Page 11 NORTHERN INTER4CHOOLS CHRISTIAN UNION IA Company Lirnited by Guarantee) REGISTERED NUMBER- 07203313 BALANCE SHEET ICONTINUEDI AS AT 31 DECEMBER 2025 The Charty %Yas entided to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audil for the year in question in accordance with section 476 of Companies Act 2006. The Trustees ackn￿edge their ￿spOnsIbl11￿eS for complyFng *fjth the reqU1￿mentS of the Act wth respect to accounting records and preparabon ol fInanU￿ statements. The financial statements have been prePa￿d in a¢cNdance the promsions applicable to entities subje¢t to the small companies regime. The financial stslements were approved and authorised for issue by the Trustees and signed on their behalf by.. Mr5 Ruth Houston Date.. 6 July 2026 The notes on pages 13 to 25 form part of these financial statements. Paye 12 NORTHERN INTER4CHOOLS CHRISTIAN UNION IA Cofflpany Limited by Guaran￿) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 General inforniation Northem Inter-S¢hools Christian Union is a private company limited by guarantee incorporated in England and Wales. The registered office is 57 Lancaster Road, Camforth. Lancashire. LA5 9LE. Each of the Iru5tees is liable to Contribute an amount not exceeding £10 towards the a55et5 of the charity in the event of liquidation. Accounting policies 2.1 Basis of preparation of finan¢lal ststsmonts The financial statements have been prepa￿d in accordance ￿1th the Charities SORP IFRS 7021- Accounts'ng and Reporting by Charities.. Statement of Recommended Practice applicable to charities prepartng their accounts in accordance the Financial Reporb"ng Stsndard applicable in the UK and Republic of Ireland {FRS 1021 {effecb"ve 1 January 20191. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Northern Inler-schods chrisb.an UnÉon meets the definition of a public benefit entity under FRS 102. Assets liabilities are inthalty recognised at historical cost or transaction value unless othenmse ststed in the relevant accounts'ng policy. 2.2 Income All income is recognised once the charty has entitlement to the income. it is probable that the income 11 be received and the amount of income r￿e1Vable can be measured reliably. Income tsx recoveraNe in ￿lation to invesbnent income is recognised at the time the investment income is ￿￿1Vable. Other income is recognised in the period in vthich rt is recEivable anil to the exient the goods have been provided or on completion of the servi￿. 2.3 Expenditure Expendrture 15 recognised once there is a legal or constructive obligation to transfer economic benefit to a third paty. it is probable that 3 transfer of economic beneffts wll be required in settlement and the amount of the obligatson can be measured reliably. ExpenditUTe is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, induding support costs involved in undertaking each activity. Direct costs attributsble lo a single activity are allocated directly to that activity. Shared costs which contribute lo more than one activity and support costs which are not attributable to a single activrty are apporb.oned between those activities on a basis consistent wlh the use of resources. Central staff costs a￿ 3lk)cated on the basis of ts.me spent, and depreciation charges allocated on the portson of the assevs use. Expenditure on chantable activibes is inuJrTed on directly undertaking the activities which fijrther the charity's objectives. as well as any associated support costs. All expenditure is indusive of irrecoverable VAT. Page 13 NORTHERN INTER4CHOOLS CHRISTIAN UNION IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies (continued) 2.4 Taxation The charity is considered to pass the tests sel out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation lax purposes. Accordingly, the chanty is potentially exempt from taxation in respect of income or capital gains received within categories COve￿d by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applieil exclusively to charitable purposes. 2.5 Tangibk fixed assets and deweciation Tangl￿e fixed assets are cawtalised and recognised vthen future economic benefits a￿ probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initsally recognised at cost After recognibon. under the ￿$t model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated irnpairment losses. All ¢osls incurred to brin9 a tangible fixed a5sel into ils intended Working condition should be included in the measurement of cosL Depreciation is chargeks and resources Accountancy fees Software costs 246,829 987 861 2,578 764 246.829 987 861 2,578 764 84 84 1,118 1,545 10,670 3.839 18,757 60 1,118 1,545 10,670 3,839 18.757 60 9.030 3.144 9.030 3,144 1.140 446 1.140 446 303,396 303.396 Page 18 NORTHERN INTER-SCHOOLS CHRISTIAN UNION (A Company Limited by Guarnnte•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Analysls of expenditure by activities Icontinuedl Anatysis of direct ¢osts {¢onttnued) Totsl funds 2024 Actwrties 2024 staff costs 258,645 t,898 1,246 2,626 1, 158 1.307 882 258,645 1,898 1,246 2,626 1, 158 9,307 882 Depreciation Staff training Rent and rates Heat and light Repairs Telephone k il Printing, postsge and ststionery Sundry expenses Camp and events Travel and Subsistence Bank charge5 Insurance 1,639 10,272 5.451 21,904 60 1,639 10,272 5,451 21.904 60 8,716 3, 150 630 1, 107 406 8.T76 3, 150 630 1. 107 406 Independant examinerfs fees School books and resources A¢Gountsncy fee5 Soffvtsre costs 321,097 321.097 Staff costs 2025 2024 Wages and salaries Contribution to defined contribution Pensi￿ schemes 233.340 13.489 244, 795 73,850 246,829 258,645 Page 19 NORTHERN INTER4CHOOLS CHRISTIAN UNION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Staff costs (continued) The average number of persons em￿oYed by the chanty during the year was as follow5: 2025 No. 2024 No. Charitable activities Administration 13 13 17 1T No employee received remuneration amounting to more than £60,000 in either year. 17 {2024 - 16) of the atthie ern￿oYeeS partiapated in the Defined Contribution Pension Scheme. Contribub"on5 to the employee pension schemes for the year lotslled £13.49012024- £13.8501. The total employee beneffts of the key management personnel of the charity ￿re £33,709 12024 £43,404). Tanglble fixed assets Frn•hold Offic• property equipment Total Cost or valuallon At 1 January 2025 Additi'ons 40.478 19.704 1,396 60,182 1,396 At 31 December 2025 40.478 21.100 61,578 Depreciation At 1 January2025 Charge for the year 18.203 987 18.203 987 At 31 December2025 19,190 19,190 Net book value At 31 December 2025 40,478 1.910 42,388 Al 31 December2024 40,478 1,501 47,979 Page 20 NORTHERN INTERSCHOOLS CHRISTIAN UNION IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 10. Dabtors 2025 2024 Due within one year Other debtors Prepayments and accrued income 1.773 9,836 8,812 11.609 8,812 11. Creditors: Amounts falling due within one year 2025 2024 Other tsxation and soaal secJJrity Pension fvnd loan payable Accruals and deferred income 2.779 4.230 3.300 2,931 4,426 3,468 10.309 10,825 Page 21 NORTHERN INTER-SCHOOLS CHRISTIAN UNION IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 12. Statement of funds Statement of funds- current year Balance at 31 December 2025 Balance at 1 January 202S Transfers inlout Income Expenditurn Unrestrictèd funds Designated funds Property reserve 40,478 40,478 Géneral funds General Funds- all fvnds 46.069 66.459 177.9971 (1.3401 33,191 Total Unrestricted fund$ 86.547 66.459 (77.9971 (1.3401 73,669 Restricted fund$ North Cumbria Craven Eden 64,724 2.854 8.796 3.066 20.892 26.282 50.941 1.757 924 53.029 6,281 54,015 (50.1521 {6.0211 (33.8761 1232) 172,744) (30,9861 IS3,6801 67,601 3,114 28,935 3,774 38,400 23.169 47,973 1,757 924 Fumess North Lancs South Lakes West Cumbria North Holiday South Holiday Listening Service 90,252 27.873 50,712 7.290 18.6301 180.236 290.392 1256.3211 21S.647 Total of funds 266.783 356.851 (334.3181 289.316 Page 22 NORTHERN INTER4CHOOLS CHRISTIAN UNION (A Company Limiled by Guarnntsè) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAIBER 2025 12. Stst8ment of funds (continued) Statement of funds- prior year Balance at 31 December 2024 Balant% at l January 2024 Trnnsfers in/out Income Expendfture Unre$tri¢tsd fvnds Designated funds Property reserve 40,478 40.478 Genefal funds General Funds- all funds ST.￿3 44.036 (85,834) 30,364 46,069 Total Unr¢strictsd funds 97,981 44,036 (85.834J 30,364 8S,547 Rastricted funds North Cumbria Craven Eden Fumess North Lancs 68,482 2.484 11.314 2,524 21.661 34,818 69.114 7,757 924 44. 181 T.114 28.782 763 85,359 26.345 31.751 (41.830) (5.607) (28.078) f6, 110) (1, 138) (3,222) (220) (10,698) (6,939) (6,048) 64, 723 2,853 8, 796 3,067 20,892 26,284 50,940 1, 757 924 (75.4301 (27.940) (43,877) South Lakes West Cumbria North Holiday South Holiday Listening Service 8.490 (12,501) 4,011 213,078 232, 785 (235,263) (30,364) 180,236 Total of funds 311.059 276,821 f321,097) 266.783 Page 23 NORTHERN INTER-SCHI)OLS CHRISTIAN UNION {A Company Limitsd by Guar•ntse) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 13. Summary of fvnds Summary of fund$ - Current year Balance at 31 December 2025 Balance at 1 January 2025 Transfer5 inlout Incomg Expgnditur• Designated fvnds General funds Restricted fund$ 40,478 46.069 180.236 40,478 33,191 215.647 66.459 290.392 ITT.9971 {2%.3211 11.3401 1.340 266.783 356.851 (334.318) 289.316 Summary of funds- prior year Balance al 31 December 2024 Balan￿ at 1 January 2024 T￿nSTerS in/out Income Expenditu Designated ftJnd5 General funds Reslricled funds 40,478 57,503 213.078 40,478 46,069 180,236 44.036 232. 785 {65,8341 (235,263) 30,364 (30,364) 311,059 276.821 (321.097J 266, 783 14. Analysis of net assets bet*Een funds Analysis of net assèts bÈtw¢en funds- current year Unrestrictsd Rèstrl¢tsd funds funds 202S 202S Total fund5 2025 Tangible fixed assets Current assets Creditors due within one year 40,478 43,500 (10.3091 1.910 213,737 42.388 257.237 {10.3091 Total 73.669 215,647 289.316 Page 24 NORTHERN INTER-SCHOOLS CHRISTIAN UNION (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 14. Anatysis of net assets bet￿￿n funds Icontinuedl Analysis of net assets bel￿￿ fund5- prior year Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Tangible fixed assets Current assets Creditors due wthin one year 40,478 56,894 (10,825) 1,501 178, 735 41.979 235.629 (10.825) Totsl 86,547 180,236 266, 783 15. Trustees None of the tw$tees {or any persons connected them) received any remuneration or benefits from the charity during the year. Donations made by the trustees wthout any conditions attached totalled £9,88512024 - £9.6201. 16. Related party transaction$ The charity has not entered into any related party transacts.on during the year, nor are the￿ any outstsnding balances owng be￿n related parb.es ar￿ the thartty at 31 December 2025. Page 25