Charity number: 1136057
LANCASHIRE BME NETWORK- TRADING AS INCLUSIVE NORTH
(Charitable Ineorporated Organlsatlonl
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025

LANCASHIRE BME NETWORK-TRADING AS INCLUSIVE NORTH
(Charitable Incorporated Oryanisatlonl
CONTENTS
Page
Reference and administrative details of the charity. its trustees and advisers
Trustees, report
Trustees, responsibilities statement
Independent examinerfs report
10- 11
Statement of financial activi¢ies
12
Balance sheet
13
Statement of cash flows
14
Notes to the financial statements
15-27

LANCASHIRE BME NETWORK-TRADING AS INCLUSIVE NORTH
Icharitable Incorporated Organisation)
REFERENCEANDAOMINISTIIATIVE DETAILS OF THE CIO, ITSTRUSTEES ANDADVISERS
FOR THE YEAR ENDED 31 AUGUST 2025
Trustees
Adam Sidal
aroon Asghar
Sadar Uddin
Zuleka Dala
Alina Lord
Jordan Richards
Company registered number
04865661
Charity registered number
1136057
Registered office
Suite 405
Daisyfield Business Centre
Appleby Street
Blackburn
Lancashire
BB13BL
Accountsnts
WAccountanls Limited
Chartered Certified AcGountanls
The Boulevard Centre
45 Railway Road
Blackbum
Lancashire
BB11EZ
Bankers
The C¢>operative Bank PIC
PO Box 250
Delf House
Soulhway
Skelmersdale
WN86
Page 1

LANCASHIRE BME NETWORK-TRADING AS INCLUSIVE NORTH
(Charitable Incorporated Organisationl
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2025
The Truste8s presènt Iheir annual r8POrt tog8th8r with the financial stal8m8nts for th8 1 S8plember 2024 10 31
August 2025. The Trustees Confimi that the Annual Report and financial statements of the CIO ¢omply with the
current slatLrtory requirements, the rtquirements of the CIO'S goveming document and the provisions of the
Slalement of Recommended Practice ISORPI. applicable to eharities preparing their accounts in accordance
wfth the Financial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021
Objectives and Activities
a. OBJECTIVES
In setting objectives and planning for activities, the Trust8&s have given due consideration to general guidan
published by the charity commission relating lo public benefit.
The objectW8s of th8 charitable company are lo advance the education of the public, primarily bul not exclusively
the Asian. African. Caribbean, and other minority ethnic communities Iri the county of Lancashire, by whatever
charitable means the board of trustees think fit, wf(h the object of improving the condilions of life of the said
beneliciaries.
b. ACTIVITIES FOR ACHIEVING OBJECTIVES
Th@ following activities are used for aehieving our objectives..
Training Courses
Networking rneetings & events
Representation & voice
Research and consullalion
Organisalional development
Stralegy development
Governance support
Partnership working
Funding advi
Health Equity work
Advice and Guidance
Capacty Building
Employment Support
Wellbeing SeNices
Ra￿ & Equality work
Grant making
We would like to thank all of our funders, supporters and stakeholders who have made il possible for us lo
d&liv8r our services and activities in the last year.
c. VOLUNTEERS
LBN had 87 registered volunteers in the year 2024-2025 and they eontributed lo the overall tunning of the
org8nisation.
Page 2

LANCASHIRE 8ME NETWORK-TRADINGAS INCLUSIVE NORTH
(Charitable Incorporated Organisationl
TRUSTEES, REPORT Icontinuedl
FOR THE YEAR ENDED 31 AUGUST 2025
Strategic report
Achievements and performance
a. REVIEW OF ACTIVITIES
Chief Officers ReporL'
The past year has been one of both progress and change for Inclusive North. We have strengthened our role as
a voice for race equality across the region, while navigating a challenging financial climate and making important
slruclural changes to support our long-term sustainability.
An important milestone was our transition from a registered charity and limited company to a Charitable
Incorporated Organisalion ICIOI. This change simplifies governance, reduces administrative burden. and
slrenglhens our accounlabilily under a single Charity Commission framework.
Sadly, we also Saw the Closure of our Wellbeing Counselling Service in April 2025 due lo lack of sustainable
funding. This service played a vital role in supporting racially minorilised communities, and ils loss is deeply felt
by all involved. We remain commf(ted to advocating for equitable access to culturally competent mental heatth
support and to exploring future opportunities in this area.
We continue to face funding challenges alongside growing demand for our work. Despite these pressures, our
Gommittnent to race equality remains unwavering. In the year ahead. we will deepen community engagement,
expand our training and research capacity, and strengthen partnerships that drive systemic change.
I would like to thank our staff, volunteers and supporters for their ded￿ation throughout the year. We will
continue to strive for change and a brighter future.
Naz Zaman
Chief Officer
Achievements and Performance
Talk Me Happy (Wellbeing Services)
This service offers a culturally sensitive, bilingual service. It has 3 primary functions lo provide 1..1 counselling
support, provide a befriendinglbereavement seNiee and community inletvenlions such as group therapy which
helps lo reduce stigma around the subject matter and lo also increase uptake of mainstream provision. To date
over 900 individuals have accessed our services with Ih@ majority reporting an improvement in their emotional
and mental wellbeing. The wellbeing setvi¢e is now 0￿redited by BACP and 15 also commissioned by the NHS
lo deliver IAPT services. Unfortunately, this service closed in March 2025 due lo being unable lo secure further
funding.
Transformatlon- ICB, Spring North
Funded by the ICB via Spring North. this project is to transform Communily Mental Health services for SMI
(severe mental health issues) clients. This funding has supported an additional 12D clients and Shown
improvement for 80% of the clients that have ac￿SSed the service.
MPACE {Macmillan Preston Area Cancer Engagement)
Funded by Macmillan Cancer Support, this project is aiming to raise awareness and increase access to cancer
servi￿5 particularly for those who identify as BME and live in Preston.
Project Managers supporting with recruitment and development of project offKers. Volunteer Coordinator
recruited and promotion for volunteer5 is underway.
Pag&3

LANCASHIRE BME NETWORK- TRADING AS INCLUSIVE NORTH
(Charitable Incorporated Organisationl
TRUSTEES, REPORT Icontinuedl
FOR THE YEAR ENDED 31 AUGUST 2025
YEF Iyouth Endowment Fundl- Peer Action colle￿l¥e
Consortium-based piojecl. working with Blackburn with Darwen Healthy knving and Child Action Northwest to
iclenlify the cause and reduce youth violence in Lancashire through research and social action. Foundation stage
research has taken place which revealed 4 key lindlngs that were shared in our stskeholder dissemination event,
this will feed into the foundation 80cial action project and the development stsgg r8se8rch. Changemak8r
volunteers. recruitment is ongoing.
Regenerage
Commissioned by Regenerage to develop and disseminate Iheir grants program lo Lancashire based
organisalions that work with people with rnemory i5sups. The Grants proGBss including development of
applicalior) process. criteria and all social marketing of the grants program was und&rtaken by the t&am and ran
5uccessfulty.
StrategicAlliance Wealth Building
2 Community Wealth Building workshops have been deliVe￿d in partnership with CLES in Blackbum and
Preston to cover the East and Central Lancashire areas. Atterndan￿ al both workshops generated healthy
discus5w)ns around the work VCFSE could gel involved in to build community wealth through targeted work
within the comrnunilies they serve and the key stakeholders who hold thè funds and have processes of devo￿[ng
funds to help build community weatth.
Pathway
Inclusive North has been successful in acquiring the role of Intermediary for the Pathway Fund. A Programme
Manager and Project Officer are in post to deliver the Pathway Enterprise Development Grants aimed al small
ticket, minori115ed led VCFSE organisalions across Lancashire. This programme is to help the sector develop
entrepreneurial approaches to help their sustainability and continuity of support lo tho communities they serve.
Egality-D-CYPHR
Inclusive North have partnered with Egality to support with increasing the BRM representsli)n In medic81
research. We have held commvnily stalls to increase visibility and continue to support the project by promotion
on our socials.
Influence and Representation
UCLAN- GRACE
The University of Central Lancashire IUCLANI ha5 teamed up with Lancashirè BME N&lwork ILBNI in 8 bid to
strengthen the support and opportunrties available lo marginalised communtties living in the Gounty.
The Phoenix Way
Working with our delivery partners in Greater Manchester. Merseyslde and Cheshire, promoti￿ The Phoenix
Way, lo address the structural inequalities that Black and racially minorilised communities and communily-led
organisalions face in influencing and aGcessing funding. Follo￿ng nets￿0rk meetings and presentations from
LBN, we have created increased interest in funding applications from the Northwest. There were 84 appli¢alions
for the 2nd round of funding, the 2nd highest after London. Networking events in Lancashire to incr@ase
awareness of the project and engaging with community organi5alions to carry out research for influencing a
change in grant making.
Independent Race & Equality Partnership {IREPI
Specialist advtsory body which will Influen￿ slalutorylpublic decision-making and hold public bodies lo &counl.
Financlal review
a. GOING CONCERN
Page 4

LANCASHIRE 8ME NETWORK-TIUDING AS INCLUSIVE NORTH
{Charitable Incorporated Organisationl
TRUSTEES. REPORT Icontinuedl
FOR THE YEAR ENDED 31 AUGUST 2025
After making appropriate enquiries, the Iruslees have a reasonable expectation that the CIO has adequate
resources lo continue in operational existence for the foreseeable future. For this reason they continue to adopt
the going concern basis in preparing the financial statements. Further details regarding the adoption of the going
concern basis can be found in the Accounting Policies.
b. RESERVES POLICY
The Iiuslees have agreed a reseNes policy to hold the equivalent of approximately six months, operating costs.
These reserves are intended lo provide finanGial slabilily and ensure continuity of operations in the ever)t of
delays or shortfalls in funding.
The purpose gf reserves is lo enable the charity lo mèet Its financi81 obligations. including day-lo-day funning
costs, staff salaries, redundancy commitments and ¢onlractual liabilities. whije alternative funding 18 secured or
organisalional adjustments are made.
Reserves ale held in designated accounts and are reviewed regularty by the trustees as part of financial
monitoring and planning. The Iruslees consider the level of reserves to be appropriate given the funding
environrnenl, income volatilty and the charity's commltments lo staff, beneficiarie$ and delivery partners.
¢. SURPLUS
The CIO made a defiGil of £170,528 to August 2025 {2024 8 deficit of £145,025). These deficits have been
planned for the last 2 years. The primary two reasons for these planned deficits was lo fund key projects whlch
a5ign with the CIO'S objectives as well as a change in the funding cliwnate over the last few years. Therefore
reserves have been ulilised lo bridge the gap in some projeclsl seTvices.
P8g8 5

LANCASHIRE BME NETWORK- TRADING AS INCLUSIVE NORTH
(Charitable Incorporated Organisationl
TRUSTEES. REPORT Icontinuedl
FOR THE YEAR ENDED 31 AUGUST 2025
Structurei governance and management
a. CONSTITUTION
The charity is registered as a Charitable Incorporated Organisalion {CIOI (charity number 11360571. The
organisation was originally established as a chaiitable company limited by guarantee by Memorandum of
Association dated 14 January 2010. On 18 September 2013, the Charitable company changed its narne from
Lancashire Black and Minority Ethnic IBMEI Pact Ltd to Lanc2shirè BME Network Ltd. The ¢haritable eompany
merged with Lancashire Women's Network Icharily nLJmber 10881251 on 31 JU￿ 2014.
On 17 Septemb&r 2024, the organisalion Converted from a charbtable Company limited by guarantee lo a
Charitable Incorporated Organi5alion ICIOI and continue5 to operat& under the name Lancashire BME Network
(TIA Inclusive Northl.
b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
Under the CIO conslilulion adopted on 17 September 2024, charity trustees are appointed by iesolulion of the
Board of Trustees for a tetm of three years.
The Board ensures that there are no fewer than three and no more than nine Irusle8s al any time. In selecting
individuals for appoinlmenl, the trustees consider the skills. knowledge and experienco requiied lo support the
effective governance and strategic direction of the organisation. The Board maintain5 a skills matrix and
undertakes periodic reviews lo ensure an appropriate mix of expertise, lived experience and independen￿.
Trustee recruitment takes place when vacanci8s arise or where the Board identifies specific skills gaps.
Prospg¢live trustees are invited to express interest and may be asked to complete an application and m￿t wilh
existing trustees before appointment.
As set out in the CIO conslitulion, the members of the organisation 8re ils chartty tru8tees. and membership
cannot be Iiansferred.
c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES
Following appointment. all new Iruslees r8c&iv8 a structured induction aligned with the CIO constitution. This
includes provision of the current constitution, the most recent Truste8s' Annual Report and the latest statement
of accounts.
New trustees are required to complete key governance documentation, including a declaration of inleresls,
confidentiality agreement, trustee details form and fit and proper person declaration. Trustees are also asked to
confirm a¢ceplance of Ihtr ITuslee role and responsibiltiies.
An induction meeting is arranged to familiarise trustees wilh the organisalion's strategy. gov8rnan¢e fram&work,
policies, operational activity and regulatory responsibilttie8.
Ongoing training and development is provided where required to ensure trustees maintain the skills and
knowledge ne￿SSary to fulfil their duties effectively.
d. ORGANISATIONAL STRUCTURE AND DECISION MAKING
The charity is governed by its Board of Trustees, who are responsible for the overall management, strategic
direction and compliance of the CIO. The trustees are also the members of the CIO. The Board exercises all
Page 6

LANCASHIRE BME NETWORK-TRADING AS INCLUSIVE NORTH
Charitable Incorporated Organisationl
TRUSTEES. REPORT Icontinuedl
FOR THEYEAR ENDED31 AUGUST 2025
powers of the organisation iri accordance with the constitution and meets regularly to sel strategy, monitor
perfomance, oversee financial management and manage risk. Day-Io&day operational management is
delegated to the Chief Officer, who leads the staff team and is responsible fr)r implementing the strategy and
decisions agreed by the Board. The trustees may establish sub-groups or delegate specific responsibilities
where appropriate, while retaining overall responsibility for governance and d@cision making.
e. RISK MANAGEMENT
Thè Board of Trustees has overall responsibility for the management of rtsk within the CIO. Trustees regularly
review the major risks lo which the oiganisation is exposed and are satisfied that appropriate systems and
procedures are in place lo mitigate these risks.
Risk management is embedded within strategic planning. financial monitoring and operational oversight. The
charity maintains a risk register which is reviewed periodically and covers key risk aieas including govemance,
finanGial suslainabiliiy, complian￿, operational delivery 8nd external environment.
The trust￿$ work closely with the Chief Offic&r to identify emerging rÉsks and implement mitig81ion actions.
Vvhere appropriate. specific ple￿S of work may be delegated lo sub-groups or time-limiled task and finish
groups, while the Board retains overall responsibility.
Key risks identrfied include..
Govern8nce- ensuring clear strategic direction, effective oversight and sliong decision making
* Financial suslainabilily- managing dependency on limited income sources and maintaining adequate reserves
Mitigation actions include Strateg￿ planning, diversification of income. financial moniloring, reseNes
management, stakeholder engagement and regular review of policies and procedures.
Plans forfuture periods
a. FUTURE DEVELOPMENTS
The trustees recognise the continuing demand for Sustained ¢apacity-building support fcir frontline organisations
working with iacially minDrilised communities across Lancashire. Building on learning from current programmes.
the chaiily will focus on strengthening ils organisalional offer to better support grassroots and Community-led
organisations lo develop resilience, sustainability and influence.
A key priority for the coming period is the development of a structured ￿Pacity-bU11di￿ Dff&r aimed at frontline
organisalions. This will inclLtde organisalional development support, governance strengthening, a¢¢èss lo
funding advice. peer learning opportunities and practical too15 that enable organisations to grow and sustain their
impact.
To support this work, the charity will priorilise securing longer-term fundlng of between threè and fiv@ year5.
Mulli-year investment will enable the organisalion lo plan straleglcally. provide conlinuiiy of support to the se￿Or
and scale activity in response to need.
Alongside this, the organisation will invest in upskilling its staff team and contributing lo the development of skills
across the wider voluntary, communty and SOGial enterprise sector. This will include training, knowledge sharing,
leadership development and 5peGialist support aligned with sector n@8ds.
The trustees will also lead the development of a refreshed organisalional strategy with a clear and explicit focus
on race equity. This strategy will strengthen the organisalion's role as an infrastructure and influencing body,
ensuring that lived experien￿, community voice and equity are embedded across programmes, partneTships
ané decisiorFm8king.
Page 7

LANCASHIRE BME NEfwoRK. TRADING AS INCLUSIVE NORTH
(Charitable Incorporated OrganEsationl
TRUSTEES. REPORT Icontinued)
FOR THE YEAR ENDED31 AUGUST2025
These priorities are intended to slr8ngthen organisalional sustainabilty, dèepen impact and position the charity
to respond effectively lo emerging ¢hallenge5 facing racially minoritised communities and the organisations that
support them.
In preparing this report. the Trustees have taken advantage of the 8mall companies èxemptions provided by
section 415A of the Companies Act 2006.
This reportwas approved by the Trustees. on
and Signed on their b8h81f b￿.
Trustee
Trustee
Jordan Richards
Adam Sidat
Page 8

LANCASHIRE BME NETWORK-TRADING AS INCLUSIVE NORTH
Icharltable Incorporated Organisationl
TRUSTEES. RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 31 AUGUST 202S
The Trustees (who are also directors of Lancashire BME Network for the purposes of company law) are
responsible for preparing the Trustees, report and the finanGial statements in accordance wilh applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company law
the Trustees musl not approve the financial statements unless they are satisfied that they giv@ 8 twe and fair
view of Ihe slate of affairs of the charitable ctrmpany and of the incoming resources and application of
resources, including the income and expenditurè, of the charitable company for that period. In preparing these
financial slalements, the Trustees are required lo..
s818cl suitable accounting policies and then apply them consistently.,
observe the methods and principles oflhe Charities SORP.
makejudgments and accounting estimates that ale reasonable and prudent-
slate whether appliGable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial slalements.,
prepare the financial statements on the going concern basis unless il is inappropriate to presume that
the charitable company will wnlinue in operation.
The Tru51ees are responsible fDr keeping adequate accounting reGords that are sufficient lo show and &xplain
the charrf(able company's transactions and disclose with reasonable accuracy al any lime the financial position
of the charitable company and enable Ihem to ensure that the fin8nci81 Statements comply with the Companies
Act 20C6. They are also responsible for safeguarding the assets of the chaiilable company and hence for
taking reasonable steps for the prevention and deleclion of fraud and other irregularities.
The Trustees are responsible for the maintenance and integrty of the cotporale and financial inforrnalion
included on the charitable company's website. LegFslation in the Unrfced Kingdom goveming the preparation and
dissemination of financial statements may differ from legislation in otherjurisdictions.
Page 9

LANCASHIRE BME NETWORK-TRADING AS INCLUSIVE NORTH
ICharitab18 Incorporated Organtsationl
INDEPENDENT EXAMINER'S REPORT
FOR THE YEARENDED31 AUGUST2025
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LANCASHIRE BME NEfwoRK- TRADING
AS INCLUSIVE NORTH Ithe'eharitable company'l
I report lo the charity Trustees on my examinallon of the accounts of the Charitable company for the year ended
31 August 2025.
This report is made solely lo the CIO'S Trustees, as a body, in accordance with Part 4 of the Chariiies (Accounts
and Reports) Regulations 200B. My work has been undertaken so that I might stste lo the CIO'S Trustees thosè
mallers l am required to state tD them in an Independent exarninerfs report and for no other purpose. To the
fullest extent petrnitted by law, I do not a¢¢epl or assume responsibility to anyone other than the CIO and thé
CIO'S Trustees as a body, for my work or for this report.
RESPONSIBIUTIES AND BASIS OF REPORT
As the Trustees of the CIO you are responsible for the preparation of the accounts in accordance with the
requirements of the .
Having satisfied myself that the accounts of the CIO are not rèqulred lo be audited under Part 16 of the 2006 Act
and are eligible for independent examination. I report in respect of my examination of th& CIO'S accounts carried
out under section 146 of th8 Charities Act 2011 Ilhe 2011 Act'l. In carrying out my examination I have followed
the Dire￿lOn$ given by the Charity Commission under section 14515llb} of the 2011 Act.
Page10

LANCASHIRE BME NETWORK-TRADING AS INCLUSIVE NORTH
(Charitable Incorporated Organisationl
INDEPENDENT EXAMINER'S REPORTlcontinuedl
FOR THE YEAR ENDED 31 AUGUST 2025
INDEPENDENT EXAMINER'S STATEME
Since the CIO'S gross income 8xceeded £250,000 your examiner musl be a member of a body listed in section
145 of the 2011 Act. I confim that l am qualified to undertake the examination because l am a member ol
Association of Chartered Certrfièd Accountants. which is one ofthe listed bodies.
I have completed my examination. I can confirm that no matters have come lo my attention in connection with
the examination olving me cause lo believe..
accounting records were not kept in respect of the charitable company a8 r￿uired by section 386 of the
2006 Act.. or
the accounts do not accord with those records.. or
the accounts do not comply with the accounting requirements of section 396 of the 20C6 Act other than
any requirement that the accounts give a 'lrua and fair, view whi¢h is not a matter considered as part of
an indepenclenl examination., or
the aecounls have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their
accounts in accordanGe with the Financial Reporting Standard applicable in the UK and Republic of
Ireland {FRS 10211.
I have no con¢ems and have come across no other matters in connection with the examination lo which
attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached.
C￿rI
Signed..
Datd..
2310612026
Courtney Wright BA FCCA
For and On Behalf of CW Accountants Limttsd
Chartered Certified Accounlanls
The BouEev8rd Centre
45 Railway Road
Blaekbum
Lancashire
BB11EZ
Page11

LANCASHIRE BME NEfwoRK-TRADING AS INCLUSIVE NORTH
(Charitable Incorporated Organisatlon)
STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2025
Restricted Unrestricted
funds
funds
2025
2025
Total
funds
2025
Tol81
funds
2024
Note
INCOME FROM:
Charitable actNitie8
359,397
49,307
408,704
470,477
TOTAL INCOME
359,397
49,307
408.704
470,477
EXPENDITURE ON:
Charitable aclivfcies
499,1L
80,126
579.232
615.502
TOTAL EXPENDITURE
499.106
80.126
579,232
615.502
NET EXPENDITURE 8EFORE TRANSFERS
Transfers between Funds
(139,709}
130,8191
{$91
1170,5281
(745.025J
10
NET EXPENDITURE BEFORE OTHER
RECOGNISED GAINS AND LOSSES
1139,6SOI
130.878}
{170,528)
{145,025J
NET MOVEMENT IN FUNDS
{139.6501
130,8781
(170,528}
(145,025)
RECONCILIATIONOF FUNDS:
Total funds brought forward
162,449
224,223
386,672
531,697
TOTAL FUNDS CARRIED FORWARD
22,799
193.345
216.144
386,672
The note5 on pages 15 10 27 form part of these financial statements.
Page 12

LANCASHIRE BME NETWORK- TRADING AS INCLUSIVE NORTH
(Charitable Incorporated Organisationl
REGISTERED NUMBER: 04865661
BALANCE SHEET
ASAT 31 AUGUST2025
2025
2024
Note
FIXED ASSETS
Tangible assets
CURRENT ASSETS
Debtors
Cash at bank and in hand
1.468
224,519
10,417
392.6Q7
225,987
403.024
CREDITORS: amounlsfalling due y¥ithin
on8 year
{9,843}
(16,352)
NET CURRENT ASSETS
216,144
386,672
NET ASSETS
216,144
CHARITY FUNDS
Restricted funds
Unrestricted funds
10
10
22,799
193,345
162,449
224,22J
TOTAL FUNDS
216.144
386, 67
The charitable company's financial 51alemenls have been prepareol in accordance wf(h the provisions applicable
lo companies subject lo the small ¢omp8nies regime.
The Trustees consider that the charitable company is èntitlèd to exemption from the requirement to have an
audit under the provisior)s of section 477 of the Companies Act 20061"Ihe Act l and members have not required
the charitable company to obtan an audit lor the year in question in accordance with section 476 ofthe Act.
The Trustees acknowledge their re5ponsibililiès for complying with the requirements of the Companies Act 2006
with respect to accounting records and the prepaTalion of financial statements.
The financial 51atemenls have been prepared in acGordance with the provisions applicable to small Gompanies
within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Star￿ard for Smaller
Enlilies (effective April 20081.
The financial statements We￿ approved and aulhorised for issue by the Trustees on
signed on their behalf. by..
££/oG/£o£G
and
Trustee
JJIl￿A
Trustee
The notes on pages 15 to 27 form part of these financial slalemenls.
Page13

LANCASHIRE BME NEfwoRK-TRADING AS INCLUSIVE NORTH
(Charitable Incorporated OTganisation)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AUGUST2026
2025
2024
Note
Cash flows from operating activltles
Net cash used in operating activities
12
1168.0881
(138,306J
Change in cash and eash equivalents in thè year
Cash and cash equivalents broughtf¢Jward
1168.0881
392.607
{138,306J
530,913
Cash and cash equivalents carriad forward
13
224.519
392,6Q7
The notes on pages 15 to 27 forn part of these financial slatemenls.
Page 14

LANCASHIRE BME NETWORK-TRADINGAS INCLUSIVE NORTH
(Charitable Incorporated Organisationl
NOTES TO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
ACCOUNTING POLICIES
1.1 Basts of preparation of financial statements
The financial stslemenls have been prepared in accordance with Accounting and Reporting by
Charities: Slalemenl of Recommended Pra¢li¢e applicable lo charities preparing their accounts in
accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 leffeclive 1 January 20191 {Charities SORP {FRS 10211. the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Acl 20C6.
Lancashire BME Netwoik Trading as Inclusive North meets the definition of a public benefit entity
under FRS 102. Assets and liabilf(ies are initially recognised al historical c051 or fransaGtion value
unless otherwise slated iri the relevant accounting policy.
1.2 Reconciliation with previous Generally Accepted Accounting Practice
In preparing these accounts, the Trustees have considered wh8lh&r in applying Ihe accounting
policies required by FRS 102 arbd the Charities SORP FRS 102 the restslement of comparative
items was required.
No restatements were required.
1.3 Income
All income is re￿gniSed once the CIO has entitlen￿nI lo the income, il is probable that the income
will be recèived and the amount of income receivable can be measured reliably.
For legacies. entitlement is tak8n as the earlier of the date on which either.. Ihe CIO is aware that
probate has been gTanled. the estste has been finalised and nolificalion has been made by the
execulorlsl to the Trust that a distribution will be made, or when a distribution is ieceived from the
estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be
measurèd reliably and the CIO ha5 been notified of the executor's intention to make a distribution.
Where legacies have been notified lo the CIO, or the CIO is aware of the granting of probate, and
the criteria for income recognition have not been mel, then the Iggacy is tr@ated as a conlingenl
assel and disclosed if rrbaterial.
Donated services or fa¢i5ities are Tecognised when the CIO has control over the item, any condilions
associated wilh the donated item have be@n met, the receipt of economic benefit from the LJSe of the
CIO of the item is probable and that economic benefit can be measured reliably. In accordance with
the Charities SORP IFRS 1021, the general volunteer lime of the Friends is not recognised and refer
to the Trustees. report for more information about Ih8ir contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the
value of the gfft lo the CIO which is the amount the CIO would have been willing to pay lo obtain
services or facilities of equivalent economic benefit on the open market., a corresponding amount is
then recognised in expenditure in the period of receipt.
Page15

LANCASHIRE BME NETWORK-TRADING AS INCLUSIVE NORTH
(Charitable Incorporated Organisationl
NOTES TOTHE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
ACCOUNTING POLICIES Iwntinuedl
1.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic
beneff( lo a third party, il is probable that a transfer of economic beneff(s will be required in
selllement and the amount of the obligation can be measured reliably. Expenditure is classified by
activity. The costs of each activity are made up of the lola1 of direct costs and shared costs,
including SLJPPOrt costs involved in Ljndertaking each a¢livily. Dire¢l costs attribLJlable lo a single
a¢livily are allocated directly lo that a¢tivily. Shared costs which contribute to more than one activity
and support costs which are not attributable lo a single activity are apportioned between those
a¢livilies on 8 basis conslstent with the use of resour￿5. Centra1 staff costs are allocated on the
basis of time spent, and depreciation charges alloGated on the portion of the asset's use.
Governance costs are those incurred in connection with adminislralion of the charitable company
and compliance with constituttonal and statutory requirements.
Charitable activities and Governance costs are costs incurred on the CIO'S educational operations,
including support Gosls and costs relating lo the governance of the charitable company apportioned
to charvtable activities.
Grants payable are charged in the year when the offer is made except in those cases where the
offer is conditional, such grants being recognised as expenditure when the conditions attaching are
fulfilled. Grants offered subject to Conditions which have not been mel a the year end are noted as a
commitment, but not accrued as expenditure.
1.5 Cash flow
The financial statements do not include a Ststemenl of c8sh flows because the charitable charf(able
Company, as a small reporting entity, is exempt from the requirement to prepare such a statement
under the Financial Reporting Standard for Smaller Enlilies (effective April 20081.
1.6 Tangible fixed assets and depreciation
All assets costing more than £1,DOO are capilalised.
A review for impairment of a fixed asset 18 carried out rf events or changes in circumstsnces indicate
that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying
value of fixed assets and their recoverable amounts are recognised as impairments. Impairment
losses are recognised in the Statement of financial activtiies incorporating income and expenditure
account.
Tangible fixed assets are carried at ¢osl, nel of depreciation and any provision for impairment.
Depreciation is provided al rates calculated lo write off the cost of fixed assets, less their estimated
residval value, over their expectèd useful lives on the following bases..
Office equipment- unreslricled
Office equipment- reslricled
250A reducing balance
25 /0 Straight line
Page 16

LANCASHIRE BME NETWORK-TRADING AS INCLUSIVE NORTH
(Charitable Incorporated Organisationl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
ACCOUNTING POLICIES Icontinuedl
1.7 Interest receivable
Interest on funds held on deposit is included when receThiabl& and thè amount can be measured
reli8bly by th8 charitable company,. this is normally upon notification of the interest paid or payable by
the Bank.
1.8 Debtors
Trade and other debtors are reGognised al the selllement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.9 Cash at Bank and in hand
Cash al bank and in hand includes cash and short term highly liquid investments with a short
malurily of three months or less from the dale of acquisition or opening of the deposit or similar
account.
1.10 Liabilities and provisions
Liabilities are recognised when there is an obligation al Ihe Balance sheet dale as a re5utt of a past
event. il is probable that a transfer of economic benefit will be required in setllemenl, and the
amount of the settlement can be eslimaled reliably. Liabilities are recognised at the amount that the
CIO anlicipales il will pay to settle the debt or the amount il ha5 received as adv8nced payments for
the goods or services il musl provide. Provisions are measured al the best estimate of the amounts
required lo sellle the obligation. Where the effe¢l of the time value of money is material, the
provision is based on the present value of those amounts, discounted at the pre-tax discount rate
that reflects the risks specrfic to the liability- The unwinding of the discount is recognised within
interest payable and similar charges.
1.11 Taxation
The CIO is considered lo pass the tests set out in Paragraph 1 Schedule 6 of the Financ8 Act 2010
and therefore il meets the definition of a Charitable company for UK corporation tax purposes.
Accordingly, the C50 is potentially exempt from taxation in respect of income or capital gains received
within categories covered 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 01 gains are applied
exclusively to charitable purposes.
Page 17

LANCASHIRE BME NETWORK-TRADING AS INCLUSIVE NORTH
Icharitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
ACCOUNTING POLICIES Icontinu8d)
1.12 Fund accounting
General funds are unrestricted funds which are available for use at the discrelK)n of the Trustees in
furtherance of the general objective8 of the ¢h8rilable company and which have not been designated
for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for
particular purposes. The aim and use of each designated fund is set out in the notes to the financial
slalements.
Reslricled funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the charitable company for particular purposes. The Costs of
raising and administering such funds are charggd against the specific fund. The aim and use of each
S1￿Cted fund is set out in the notes to the financial statem8nts.
INCOME FROM CHARITABLE ACTIVITIES
Restricted Unrestricted
funds
funds
2025
2025
Total
funds
2025
Total
funds
2024
Charitable activit￿5
359,397
49.307
408.704
470,477
Total 2024
470,477
470.477
Page 18

LANCASHIRE BME NETWORK-TRADING AS INCLUSIVE NORTH
(Charitable Incorporated Organlsatlonl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
INCOME FROM CHARITABLE ACTIVITIES
2025
2024
Consultancy
MH Transfomiation Fur
Macmillan
CHARIS
Age Concern- CLOG
DVVP
Lancashire EnGounler
Global Fund for Children
Egalty
NHS Carers Focus Groups
GMCVO
Better s￿Iety Capital
Youth Endowment Fund
RaGe Equalty Foundation
The Pathway Funcl
UBELE
Sale of Equipm8nt
Refunds
35,328
11,932
75,000
t25,235
9,000
18,ODO
3,023
3,5L
45,293
8.800
1,038
6,300
qO.031
353
136.5q1
194,948
362
13, 177
10,000
167,500
1.310
1,602
Total
408,704
41Q,477
GOVERNANCE COSTS
Restricted Unrestricted
funds
funds
2025
2025
Total
funds
2025
Total
fvnds
2024
Accountancy fees
Legal and ProfessK)nal
620
7.171
9,316
9,316
10.161
10,161
1, 791
Page19

LANCASHIRE BME NETWORK-TRADING AS INCLUSIVE NORTH
(Charitable Incorporated Oryanisation}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE
staff Gosts Other costs
2025
2025
Total
2025
Totsl
2024
Charitable actNIt￿9
Expendi(ure on governance
292,261
276,810
10.161
569,071
10,161
607,711
7,791
292.261
286,971
579,232
615,￿?
Total 2024
335.294
28Q,208
615,502
ANALYSIS OF CHARITABLE EXPENDITURE
2025
2024
Staff salaries including ￿dundancY
Staff employers national insuranc8
Staff @mployers pension costs
Travel and subsisten
Project Costs
Renl, Rates and Utilities
Telephone and fax
Slalionery. printing and photocopying
Insurance
Sundry expenses
Website development and IT costs
Ne￿OrkIng and events
VolunlEer expenses
Promotional ¢osls
Equipment purchase and repairs
Subscriptions
276.549
6.352
9.360
3.732
230.548
18,507
297.986
24,802
12,506
6,054
221.667
20,345
2,661
4212
3,038
304
12,204
1,683
2,796
6,602
11.068
820
165
731
932
Totsl
569.071
6Q7, 771
Page 20

LANCASHIRE BME NEfwoRK-TRADING AS INCLUSIVE NORTH
Icharitable Incorporated Organisationl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
NET INCOMEIIEXPENDITUREI
This is slal8d after charging..
2025
2024
Pension costs
9.360
12.506
During the year, no Trustees receivod any r¢muneralion12024 - £NILI.
During the year. no Trustees re¢eNed any benefits in kind12024- £NILI.
During the year. no Trustees received any reimbursement of expenses12024- £NIL}.
STAFF COSTS
Staff costs were a5 follows..
2025
2024
Wages and salaries
Soci21 security costs
Other pension costs
276,549
6,352
9,360
297,986
24.802
12,506
292,261
335,294
Included in the figure above is £2,876 in redundancies.
The number ol staff are broken down as per the below.,
202S
2024
No.
Chief Officer
Prc4ect Officer
PAC Leads
Admin and Finance officer
Apprentice
10
12
10
24
No employee received remuneration amounting lo more than £60.000 in ef(her year.
Page21

LANCASHIRE BME NFfwoRK-TRADING AS INCLUSIVE NORTH
(Charitable Incorporaled Oryanisationl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
TANGIBLE FIXED ASSETS
Office
8quipm8nt
C05t
At 1 September 2024 and 31 Auousl 2025
34059
Depreciation
Al 1 September 2024 and 31 August 2025
34,059
Net book value
At 31 August 2025
Al 31 August 2024
DEBTORS
202S
2024
Trade debtors
Prepayments
350
1.118
8.950
1.467
1.468
10,417
CREDITORS- Amountsfalling duewithin on¢ year
2025
2024
HMRC lax and national insurance
Pension contribulions
Accruals and deferred income
2,621
7.222
8,660
7,Of2
620
9,843
16,352
Page 22

LANCASHIRE BME NETWORK-TRADINGAS INCLUSIVE NORTH
(Charitable Incorporated Organisationl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
10. STATEMENT OF FUNDS
STATEMENTOF FUNDS-CURRENTYEAR
Balance at
Balance at
31 August
2025
September
2024
Income Expendmure
Transfers
Designated funds
Designated Fund 1
43.376
43.376
General funds
General Funds
180,847
49.307
180.126)
159}
149.969
Total Unrestricted fijnds
224,223
49.307
180,1261
59)
193,345
R￿trIcted funds
The Phoenix Way
Spring North- MH Transformation 2
The Pathway Fund
The Phoenix Way- Second Phase
Macmillan Pace
YoLElh Endowment Fund - PAC
52,550
44.869
152.6091
144.8691
1162,247
111,4751
136,1091
1191,7971
59
167,853
9,740
45.293
136.Sq1
S.606
11,7351
2,733
16,195
16,451}
71,481
162.449
3S9,397
{499.1061
59
22,799
Total of funds
386,672
408.704
1579,2321
216,144
Desi
nated Funds
Designated Fund 1 This is for 6 months running and redundancy Costs as explained in the reserves
policy.
General Funds
General funds are unrestricted funds which are available for use at the discretion of thè Trustees in
furtherance of the general objectives of the charitable Company and which have not been designated for
other purp05e5. This also include5 unrestricted project funds.
Restricted Funds.
IPlease refer lo the activities of the year In the trustees report for furth&r details o each funder under the
review of aeilivlties section)
Page23

LANCASHIRE BME NETWORK- TRADING AS INCLUSIVE NORTH
(Charitable Incorporated Organisationl
NOTESTOTHE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 202S
10. STATEMENT OF FUNDS Icontinuedl
STATEMENT OF FUNDS- PRIOR YEAR
Ealance al
I September
2023
Balance al
31 August
2024
Income Expenditure
Designated Fund 1
General Funds
43,376
43,376
18Q,847
257,588
75,295
(t52.036J
Restricted funds
The Phoenix Way
Spring North- MH Transformation 2
hllacmillan Pace
Spring North- MH Transfotmalion 1
Youth Endowment Fund- PAC
192,205
(139,655)
(30, 131)
(118,217J
(24,647)
(150,816)
52.550
44.869
(6.451)
75,000
125,234
(13,468J
24.647
27.349
194,948
71,481
230. 733
395, 182
(463,466)
t62,449
SUMMARYOF FUNDS- CURRENTYEAR
Balaneè at
Balance al
31 August
2025
September
2024
Income Expenditure
Transfers
Des￿nated fvnds
Gener81 funds
43,376
180.847
43.376
149,969
49.307
180.1261
($91
224.223
162A49
49.307
359.397
{80.126)
1499.1061
1591
59
193,345
22.799
Reslricled funds
38S,672
408.704
1579.2321
216,144
Page 24

LANCASHIRE BME NETWORK-TRADING AS INCLUSIVE NORTH
{Charitable Incorporated Organisationl
NOTESTOTHE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
10.
STATEMENT OF FUNDS Icontinuedl
SUMMARYOF FUNDS- PRIOR YEAR
Balance al
I September
2023
Balancg at
31 August
2024
Income Expenditure
Designated funds
General funds
43.376
257,588
43,376
180.847
T4295
(152,036)
300,964
230, 733
75,295
39&182
(152,036)
(463,466)
224.223
162,449
Reslricled funds
531,697
470,477
(615,502)
38S,672
11. ANALYSISOF NET ASSETS BETWEEN FUNDS
ANALYSISOF NEfASSETS 8ETWEEN FUNDS-CURRENT YEAR
Restricted Unrestricted
funds
funds
2025
2025
Total
funds
2025
Current assets
Credilors due within one year
22,799
203,188
19,8431
225,987
19.8431
22.799
193,345
216,144
ANALYSISOF NET ASSETS BETWEEN FUNDS- PRIOR YEAR
Restncled Unresliicted
funds
fvnds
2024
2024
Total
fvnds
2024
Current assets
Creditors due within one year
162.44g
240,575
(16.352)
403,024
(16.352J
162,449
224,223
386,672
Page 25

LANGASHIRE BME NEf4VORK-TRADING AS INCLUSIVE NORTH
(Charltable Incorporated Organisationl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
12. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NEf CASH FLOW FROM OPERATING
ACTIVITIES
2025
2024
Net expendSture forthe year las per Statement of Financial Activiiiesl
1170,5281
(145,025)
Adjustment for:
Decreasel(increasel in debtors
{D¢¢reasellin¢rease in creditors
8,949
16.5091
(6.303)
13,022
Net cash used in operating activities
1168,0881
{138,306J
13. ANALYSIS OF CASH AND CASH EQUIVALENTS
2025
2024
Cash in h￿d
224.519
392,607
Total
224,519
392,607
Page 26

LANCASHIRE BMENETWORK-TRADING AS INCLUSIVE NORTH
{Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STA TEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
14. PENSION COMMITMENTS
The CIO contributed to personal pension plans in 2025
15. OPERATING LEASE COMMITMENTS
At 31 August 2025 the total of the Charity's future minimum lease paym&nts und8r non-c8ncellable
operating leases was:
2025
2024
Amounts payable:
Within 1 year
Between 1 and 5 years
7.380
2,145
10, 148
2,849
Total
9,525
12,997
16. RELATED PARTY TRANSACTIONS
There have been no related patytransactions throughout the financial y&ar.
17. POST BALANCE SHEET EVENTS
Thère have been no signrficanl events affecting the company Sin￿ the Year-￿d.
18. CONTROLLING PARTY
The CIO is ¢onlrolled by the Trustees listed on page one of the accounts.
Page 27