LEYS COMMUNITY DEVELOPMENT INITIATIVE (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORTSAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 REPORTOFTHETRUSTEES.. . 2. Highlights of the Year from OurWebsite...................................-.-.......... INDEPENDENT EXAMINERS REPORTTOTHE LEYSCOMMUNITY DEVELOPMENT INITIATIVE...........36 STATEMENTOF FINANCIALACTIVITIES FOR THEYEARENDED31 MARCH 2025 . .37 BALANCE SHEET.... .39 NOTESTO THE FINANCIALSTATEMENTS.................. .. ..40 Registered No: 6918476 Registered Charity No- 1137129 DIRECTORS Ines Kretzschmar {Chair} Pennywood Lekh Raj Deborah Mcilveen Sam Stronach IAppointp.d nA_n£_?O?dl Beatrice Lutanyamoi (Appointed 08.05.20241 REGISTERED OFFICE The Clockhouse Project Long Ground Greater Leys OX4 7FX INDEPENDENT EXAMINER Colin Mills Gravita Audit Oxford LLP First Floor. Park Central 40-41 Park End Street Oxford OX1 1JD BANKERS Natwest Bank 121 High Street Oxford OX14DD CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME194JQ
- REPORT OF THE TRUSTEES Obje¢tlve$ and A¢tlvltle$ SORP reference Para 1.17. Summary ofthe piirpnqp.q nf thp. charity as set out in its governing document To promote any charitable purposes forthe benefit of thg. Lp.y.%. axfnrd And surroiinding arp.a. to rp.lipvp. poverty and financial hardship, and to provide leisure facilities for individuals needing them by reason of youth. age, infirmity. disability, poverty or similar circumstances. also to provide education and training facilities. Summary ofthe main activities in relation to those purposes for the public benef it. in particular, the activities, projects or setvices identified in the accounts. Para.18 and 1.19 In the period under review. the main activities undertaken to further the charity's purpose are as follow. Leys CDI ran tenn time and holiday youth projects designed to meet the needs ofyoung people living in the Leys. The charity also ran the Clockhouse project. designed to meetthe needs of those over 50 from the Leys. The money raised by the charity manager through various grant. regular fundraising activities. user fees. and volunteers. efforts provided the resources for both programmes. The trustees confirm that in making decisions about 8Ctivities they had considered the Charity Commissions guidelines on public benefit. Additional information (optional) You may choos8to includefurther statements where relevant about= SORP reference The Leys CDI is almost entirely dependent upon trusteesandvolunteersto supplementthe seNicesof the paid staff to create the organisations strategy. to line tnanage the program and to provide frontline services. Contribution made by volunteers Para 1.38 Achievements and PerformanGe SORP reference
The Clockhouse Throughout the financial year. the Clockhouse (Senior's project) through the support of kind funders and partners, has continued to run and expand its daily Wellness program of opportunities. aimed at improving health and wellbeing and reducingfeelings of loneliness and iso18tion. Summary ofthe main achievements ofthe charity. identifyingthe difference the charity's work has made to the circumstances of its beneficiaries and anywider benefits to society as a whole. Para 1.20 These sessions have included the following: Tai Chi Zumba Yoga Singingforfun Social sessions Crafts Movie Club In addition to these sessions. through a continued wonderfulworkingpartnership with Activate learning, weekly tutored sessions have also taken place throughouttheyear in Art. A continued partnership with the Dovecote Centre has culminated in new weekly Intergenerational sessions of Fun Activities beeen Clockhouse Seniors and the preschoolers of the Dovecote. This session is Called SKIP (Seniors Kids Intergenerational Project) Youth Project CDI are delightedto reportthatthrough the supportof funders and partners. throughout the financial period. CDI have been able to continue and increase 'life enhancing, opportunities for the leys youth community. Weekly evening sessions, holiday weeklong courses and a Safe. 3ecure b8?e courte3y of our p8rtner8hip workings with Peabody have ensured juniors can engage weekly with CDI in Health and Wellbeing, Educational and Participation sessions. Many of which have also included. courtesy of HAF funding, 8 Warm. health me81. The year has contained so many highlights. including witnessing the personal development of so many individuals. the continuation of 'much needed. weekly sessions that have included educational
support Vi8 homework clubs and various trips, affording youths their first opportunity to leave their home surroundings. experience train and coach traveland inthe case ofthe Summer. have lots offun. In addition to these sessions. partnership work with Oxford IF. OCRP, Oxford University and OAS afforded youths the opportunity to engage in Drone and Robotic workshops. attend educational trips and work on projects using state ofthe art ITequipment. The support of so many has 8fforded CDI the opportunity to engage and expand its offer to youths from the local community and evidence of the difference this kind support has made can be viewed in the CDI annual report or 8 tew highlighted stories can be seen below..- Financial Review Review of the charity. financial position at the end of the period Para 1.21 The Charity remains golvent with £108.728 of funds in hand IFY2024 £92,$491 forthe planned activities. Existing reserves are adequate to cover and continue programs beyond the short run. The charity remains dependent on a continuous flow of grants, fees and micio donations. The policy is to hold resefves to pay for one month of salaries plus statutory redundancy for the staff. Statement explaining the policyfor holding reserves staling wny they are held Amount of reserves held Explanation of any uncertainties about the charity continuing as a going concern Parn 1.22 Para 1.22 Total unrestricted funds £30.816 12024 - £20.1111. Totsl restricted funds £77.91212024= 72,4381 We strongly believe that there is no uncertainty about the charity continuing as a going concern and accounts Are prepared on that ba8iS. Par8 1.23 Addltlonal information loptionall You may choose to include further statements where relevant about- The charity's principal Small grants and donations from individuals and trusts. fee sources of funds income from charitable activities. rental income from the (including any Barn and fundraising activities. fundraisinEI Investment policy and objectives including any social investment policy adopted. Para 1.47 The funds are placed with Columbia Threadneedle Fund Management Ltd. The trustees are satisfied how this account is run and we may add more funds to this resetve. Par8 1.46 The principal risks ale as follows- lil Harm to a benefici8ry in the course of a project. (ill Reputation d8m8ge caused by action ol ourselves. an associate or similar organisation. (iiil Loss of support fiom Peabody or Oxford City council 8nd ioss of use of premises for Clockhouse and the Barn. {bvI Unable to recruit trustees or volunteers. A description of the principal risks facing the chaiity. Pa 1.46
Plans for the Future CDI'S key objective is to continue to provide safe. seeure. wellbeing opportunities for its local comrnunity. Engaging and meeting the needs of both its youths alld seniors. Subject to the continuation of successful partnerships and securing of additional funding. CDI will aim to continually develop and provide the opportunities that are most needed wthin the locality. Structure, Governance and Management Type ot governing document Para 1.25 Memorandum and Articles of Association How is the charity constituted? Par8 1.25 A charitable company limited byguarantee Trustee selectron methods including details of any constitutional provisions e.E. election to post OT n8me of any person 01 body entitled to appoiiit one or more trustees Para 1.25 Mn%t nf thp. triJstp.p.q arp. lnr.al 11 rijrrp.ntly hxvp qualifications and experience in youth work. project management. public sermce or finance. TILJStees serve for three years. Most trustees donate significant time outside meetings Declarations The tntstees declare that they have approved the trustees. report above. SIEned on behalf of the charlty's tru Signaturels} Full namels) Posltlon leg Secretaryy Chair, etel tee L6A/i tYc8S1é7eY Date ol.lo.1025
- Highlights of the year from our website: Well, well, Wellness pp lim CDI are thrilled to announce thatwe will be partneringwith OCVA and CFO {who are funded bythe NHS integrated care board) affording ourselves the opportunity to continue and develop our existing CLockhouse 'WelLness programme, for Leys seniors that witnessed 212 different seniors engage in health-related activities during 2023. The need to attract funding and supportive partners is imperative to alL charities but sadly the areas of 'heaLth and wellbeing, is so often overLooked when it comes to senior communities. Through the support from the Well together team. in conjunction with other partners, CDI'S senior Clockhouse sessions (including Zumba, seated Yoga, Tai-chi and many more and varied social sessions) WILI be afforded sustainability and development. Through the production and distribution of new literature it is aLso CDI'S aim to promote welLbeing sessions to a wider audience, encouraging new
mernbers to the sessions, which in turn will continue to enhance the wellbeing of the local Leys community. toge In thanking the well together team, we would also like to draw readers attention to the fact that they are supportinglpartnering with many different organisations for the benefit of the locality. If you wish to learn more, please visit the Live Well Directorywhich you willfind at H Alternatively, if you would Like to join Maz at one of our exhilarating Zumba classes, Danielle at one of our seated yOa classes or just enjoy a relaxed social, meeting new friends at our Monday socialthen please'pop down, to the Clockhouse. We would love to welcome you. More details regarding all of CDI'S weekly 'health and wellbeing, activities can be found byvis1tingW or pleasejusttelephone the Clockhouse 01865 395908. We look foMard to seeing you and being 'WELL TOGEfHER'
Celebrating our 'Happy Place, The CDI team were recently delighted and honoured to welcome partners and members of the local community to its 'Afternoon Garden Tea, party and were even more 'thrilLed' to initiate many introductions for the benefit of the Leys. Cakes, Sunshine and Beautiful surrounds, poised forthe partyto begin
Name badges at the ready, a sample of the invitees list for the 2024 Leys CDI Garden party. Following the success of 2023's garden party, which was primarily organised as a way of a small thank you to CDI'S supporters. The day was, again, aimed at bringing various community groups and partners together, whilst also showcasingthe fine work of the Seniors gardeningteam.
A fantastic presence on the day witnessed in excess of 70 different individuals and organisations attend the garden party and included representatives from Oxford University, County, City and the Local Parish council, Oxford Community rail network, The science park, Mencap, Age concern, NHS, Oxford Hub, Dovecote children centre. Daybreaks. A2dominion, Green square, Peabody, CLlr Linda Smith, Lieutenant Moira DarLington and many more established and well respected guests and organisations. ,Iiiiiill. Penny and Natty'catch-up, and discuss alLthings Leys and CDI PLUS, obviously, not forgetting, the most important people our vaLued members who once again did themselves and CDI proud with their fine presentation of both themselves, personally. and our wonderful garden. 10
The Clockhouse (Singing for fun. Zumba. Yoga and many more activities) team, enjoy the opportunity of an afternoon social and the opportunity to 'put the worLd to rights, Judging by the lovely comments received, verbal and written, regarding the day, the event was enjoyed by'ALL' New friends, contacts and acquaintances were made, while the fantastic partnership work that goes on throughout Oxford and the Leys was celebrated as Senior CDI members had the opportunity to showcase their garden in 'style' Janet the CDI and Activate LearningArt and Crafts tutor, takes a well earnt break and possibly (we're not teLling!) a little cake ! 11
ptA Carol (Dovecote Centre Manager) and Penny (CDI Trustee) with a combined total of over fifty years, service to their respective charities and the locaL community, can only be described as'Leys Legends, Amongstthe various feedbackwe received, one senior member commented... "The opportunity to share my'Happy Place, with so many) even if for just one day9 is wonderful and truly makes my year" 12
Reeta and JackLine from Equans who kindly donated theirtime to assist with the pre-partytidy-up of the garden. Thank you, ladies, and to everyone who has cared for ourwonderful 'wellbeing' space again this year. Your efforts are really appreciated by everyone connected with Leys CDI, especiaLly our members who get so much joyfrom their'garden haven,. Fantastically summed up and sentiments ALL at CDI share. Thank you again, to everyone, for your attendance. support and here's to many more celebrated 'Happy' partnerships. 13
FEELING CHAMPION If smiling faces replicated goals scored. CDI'S staff team would currently be playing in the Champions League! Il_lil CDI'S answerto the HarLem GLobetrotters 14
Brother and sister, Mary and Mark from the Ukraine, whom CDI had the great pleasure ofweLcoming to ouryouth ranks As a summer of fun and educational sessions, healthy eating and the makiiig of Imany happy memories drew to a close on the CDI Summer youth project, the team were left feeling'champion,. Lydia and Sana on waitress duties 15
Not aLI the cakes 'made and decorated, with Ella made it home. Some looked too good to travell &iKIl The Karaoke Crew! 16
Compiled of a variety of youth, sports and socialworkers, the CDI team has reveLled in the opportunity tojoin forces with local agencies and partners to provide Leys's juniors with an array of fantastic opportunities throughout the entire school holidays. iQ'li-; Ill The opportunityto fly drones with the Oxford IF science team proved a great thrill to many. 17
Manny tutors the team as to the 'grand plan. and then the birds nest build began 18
Juniors take great delight in assisting with the special bird's nest weave that wilL be on display at the Oxforcj science festival in October. Linkingwith Oxford City and Oxford County council and supported by various funders. incLudingthe People's Health lottery and HAF. the CDI team recorded the foLlowing statistics duringsummer 2024;_ 93 diff erent juniors supported throughout the Summer. Four weeks (19 days) of holiday course supervision 95 hours of health and educational activities carried out. 779 hot healthy meals consumed by junior course participants. 79 different juniors engaged and learnt new skills from visiting partners Oxford IF, OAS UKAEA, Oxfordshire Fire service and Oxfordshire constabulary. 19
'Huge Thanks, to everyone who played their part in supporting CDI in assistingthe juniorsto make many'Happy Summer Memories,. Your support, as always, is mostgreatly appreciated. Menin pictured with Hazel, just one of her many dance group recruits 20
Menin and her dance troop in action li¥v• d Lel$u First ones dried. pose for a picture outside the fantastic Leys pool. 21
The OAS team and their robotics proved a realthriLltor many inquisiiive juniors FinalLy, special thanks to the staff team:_ Natty, Samma, Fabian, Sana, MekeL, Jen, Twalha, Lydia. Menin, Elliot, Marsha, Lesley, Ella, Glenys, Neil, Clern and Felix who ALL worked tirelessly and left everyone who encountered CDI throughoutthe summerwith that'champion, feeling. Winning smiles from Natty and Jacob 22
Celebrating Black History Month The wonderful Leys community joined together, during October half-term, to ceLebrate 'Black history month. at CDI's'special' intergenerational day. IYI HeLd at the Clockhouse and supported by our community partners Peabody and A2Dominion, the day brought everyone together, young and senior. new and old friends. regular attendees and first time visitors. 23
Fun and educational workshops were expertly delivered by ourwonderful staff members Natty and Beatrice, who engaged 'all ages, in the history of African cuLture, foods, plants. foLklore and arts and crafts. 24
-11, f• Jl Inspirational characters, quotes and actions were also referenced on the day and local historical Leys developments were discussed with inspirational local community members. many of whom have paved the wayforthe upcoming generations. 25
On a daywhen cakes were made, artwork created, stories told, history acknowledged and friendships renewed and formed, CDI and its community truly celebrated 'Black history month, in style! '4N ÉT¥ I,'fl t* 26
FUN, FOODAND FINE COMPANY 41 t's not every dayyou welcome 100 friends around for dinner butthat is exactlywhat the Leys CDI team did this week. Bringingtogether members ofthe local communityto make, build and enhance friendships is always at the forefront of CDI'S workings and nothing does that better than the opportunityto indulge in fine food and company, and we are delighted to reportthat both were in abundance at our recent seniors and working partners Christmas meal. 27
*)1 Once again the CDI team of voluntary elves and angels'sprinkled their Christmas magic,. prepping and cookingthe finest of Christmas meals. decoratingthe barn and its surrounds to prove the mostwelcoming of venues, purchasing and wrapping presents forthe'compLimentary' raffle and Santa was even booked to welcome all those on the guest list. Like all good parties, if your name wasn't down-you weren't getting in ! 28
Whilst the finalfood preparations were being made and Santa was threatening the 'naughty step, for late comers, the Tuesday CDI singing group, expertLy conducted by instructor Caitlin, performed a series of Christmas carols before a brain taxing music quizwas undertaken by the party reveLers with some, even treated to the most fantastic of 'Dad' jokesl What more could anyone want for Christmas I 29
Supported bythe presence of a combination of manyof CDI'S senior friends and including-regular session members. local residents, local councillors, plus CDI working partners and funders- McLaughlin and Harvey, Charity mentors. Peabody, Oxford City and County councils, and the NHS, the party atmosphere proved a warm and joyous one. 30
However, don't take our word for it. check out the wonderful pictures and the comments from a sample of the many happy attendees. 'This is the best party EVER !' 'Compliments to the chefs. the food was magnificent.... ..Are there sny Left overs to take awaF' {And yes there were V ) '1 look forward to this day everyyear and it just keeps getting better, .1 gotto whisper in Santa's ear and I can'twaitto tell mygrandchildren, 'Fantastic work by aLI at CDI, today is Community engagement work at its very best, 31
Huge thanks to everyone who gave oftheirtime, skills and love to the Leys community. Once again, your dedication and commitment has proved a joyto behoLd and is what makesthe Leys Community so'magicaL' and not just at Christmas time. Thankyou one and all and here'swishingyou a Happy, Healthy, Merry Christmas. 32
Super'matthew, Mario ! e> February half-term proved an exhilarating one for CDI youth course participants, with one young man Matthew, proving himself 'King of the Karts.. .Allilii Let battle commence 33
Partnership workings were again the order of the day, affordingthe youngsters the opportunityto enjoy swimming sessions at the local leisure centre, ice skating with ourfriends from the city council and the highlight to many, the opportunityto game and'burn upthe track. in our CDI Super Mario karting competition. Mekel gets firm with the racers. explaining the rules and insisting on 'new tread, tyres Through the kind support of OXCRP (Oxford community rail partnership) successful gamers, alongwith a couple of juniors who had proved themselves as team players, assisting others throughoutthe week. received personal £30 vouchers to attend the local Oxford bowl. 34
CDI'S friendsfrom OXCRP happyto partner and join in the fun duringthe February half-term youth courses. In totaL, five prizes were awarded with Matthew'super Mario, Robson proving himself the star of the trackwith Amir (Silver medaLlist) and Ria and Hazel (Bronze medaLlists) finishing in his slip streaml CONGRATULATIONS GanilngC*imptr¢iiio y&X 35
Congratulations, not just to the winners but to everyone who took part in the 'fun and frolics,. The good news is that the fun and games don't stop because the haLf-term is now over, No. In fact, the opportunities to get involved with CDI have never been greater and it seems that it's not only the youth participants that have got the 'Super Mario, bug. In fact, when the CDI youngsters aren't enjoying themselves on the track at our weekly evening sessions, the seniors are 'loosening their limbs, and turning those steering wheels in competition against one another in our Thursday sociaL sessions! Jean'the pink periL' & Simon'the demon driver, proving age is no barrier in the quest to beat Luigi & Mario. If you don't believe us? Head down to the Clockhouse and witness Jean 'the pink peril, and Simon'the demon driver, take on Luigi and Mario in our weekly social sessions. We're sure you'll be impressed at the team of 'speedsters' we are assembling! 36
-
Independent Examiners Report of the Leys Community Development Initiative I report to th8 charity trustees on my examination of the accounts of Leys Community Development Iniliative (Ihe Company) forthe year ended 31 March 2025 which are set out on pages 38 to 48. Responsibilities and basis of report As the charity's trustees of the company {and algo its directors for the purposes of company 18wI you are responsible for the preparation of the accounts in accordance with the requirements olthe CompaniesAct20061'the 2006Act'). Having satisfied myself that the accourbts of the company 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 8X8mination ofyourcharity's accounts as carried out undersection 145 ofthe Charities Act 2011 (the .2011 Act,). In carrying out my 8X8mination I hav8 followed the Directions given by the Charity Commission under section 145{5}{b} of the 2011 Act. Independent examiner's report I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 11 accounting records were not kept in respectofthe Company as required bysection 386 of thp. ?flnG Ar.t: nr 2) the accounts do not accord with those accounting records: or 3) the accounts do not complywith the accounting requirements of section 396 ofthe 2006 Act otherthan any requirementthatthe accounts give a'true and fair'viewwhich is not a matter considered 8S P8rtof an independent examination: or 4} the accounts have not been prep8red in accordance with the methods and principles ofthe Statement of Recommended practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reportirbg Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in connection with the examination to which attention should b8 drawn in this report in orderto enable a proper understanding of the accounts to be reached Name of examlner: Colin Nilis Name of firm: Gravita Audit Oxford LLP Relevant professional body: Institute of Chartered Accountants in England and Walp..8 Address: First Floor, Parkcentral. 4041 Park End Street. Oxford. OX1 1JD Date: 10 October 2025 37
-
Statement of Financial Activities for the Year Ended 31st March 2025 Total Unrestricted Total Restricted Fund 25 Fund 25 Total 2025 Total2024 Income Grants & Donations Other Grants & Donations £44.217 £ 69.106 £113,323 £116.499 In¢ome from charltable Activlties Room Hire £20,910 Project Activities £2,198 Investment Income £199 £199 £288 Total Income £44,415 £69.106 £113,522 £139.895 Expenditure Project Related Activities Total Expenditure £33.510 £63.632 97,143 -£141,856 Net Income IL0331 before Investment Galn$ £10.905 £5,474 £16,379 -£1,960 Investment Gain -£200 -£200 £867 Transfer Net Income and Movement in Funds £10.705 £5,474 £16,179 1.094 Reconciliation of Funds Total Funds Brought Forward at 1st April Total Fund$ Carried Fow2rd at 31st March £20,111 £72.438 £92.549 £93,643 £30.816 £77.912 £108.728 £92.549 38
Statement of Financial Activities for the Year Ended 31 st March 2024 Total Unreslricted Fund 24 Total Restricted Fund 24 Total 2024 Total 2023 Income Grants & Donatlons Other Grants & Donations £26.930 £89.570 £116.499 £85.157 Income from charitable Activities Room Hire £20.910 E20.910 £9,292 Project Activities £2,198 £2.198 Investment Income £288 Total Income £48.128 £91.767 £139.607 £94.449 Expenditure Project Related Activities Total Expenditure 43,824 £9B.032 141,856 -£l41,P5 Net Income (Loss) before Investment Galns £4,304 £6,265 .£2.249 -£47,246 Inve8tment C8111 £867 £867 -£566 Transfer Net Income and Movementin Funds £5,171 £&265 -£1.382 47,812 Reconciliation of Funds Total Funds Brought Forward at 1 st April Total Funds Carried Forward at 31st March £14.941 £78.703 £93,643 £137.963 £20.111 £72.438 £92.549 £93.643 39
-
Balance Sheet Note YE 2025 YE2024 Flxed A¥8etB Investments TangSble As88ts Total £8,644 £1,322 £9.966 É8.844 É200 £9,044 6f CurrentAssets Debtor8 Cash at Bank 8nd In H#nd Tolal £12.000 £89,961 £101,961 £5.B15 É80.436 £86,251 Llabllltles Cr8ditors falllngduevAthln 1 Yeer Gh 43.199 -È2.746 Net CurrontAsset$ Tolal Assets les5 total £98.762 £83.505 £108,728 £108.728 £92.549 £91549 N8tA55ets The Fund8 of the Charlty Unrestricted Restricted £30.816 £77.Y12 £108,728 £20,111 £12,438 £91549 61 Total The financlal statements are prepared in eccordance with the provlsions applicable to companles8ublecttothesmall companles. regimeunderCompaniesAct2006. For the yearended 31 March 2025 the componywas entitled to exemption from audit under Sectlon 477 of the CompBnie5 Act 2006 relatlngto sm811 companies. Dlrector$' rosponslbllltles: The members have not rèqulred the cornpanyto obtaln 8n audltof Its accounts forthe year In questlon In accordance with section 476 The directors acknowledge their responsibilities for complylngwlth the requirements of the Act with respect to accounting records and tho preparation of accounts These accounts have been prepared in accordance wlth th8 provisions opplicable to companies subjectto the small companies, regime. Approved and authorlsed for Issue bythe board on 0811012025 and signed on Its behalf by Ms l Kretsschm Chalman 40
-
Notes to the Financial Statements 6a. Basis of preparing the financial statements The financial statements have been prepared in accordance with th8 Statement of Recommended Practice: Accounting and Reporting by Charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Irgland IFRS 1021, and with th8 Chariti@s Act 2011 and tha Companies Act 2006. The financial staternents have been prepared underthe historical cost convention. except for fixed asset investments. which ar8 shown at market value. The company meets the definition of a public entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. al Income Income generally is recognised vA)en the charity has entitlement to the funds. any performance conditions attached to the funds have been met, it is probable that the income will be received. andthe amount can be me8sured reliably. Credit is taken for donations and other income on the following basis: Donations received, including income tax recoverable. Interest and other investments on an accruals basis. Grants receivable on an accruals basis. Capital grants are credited to the Ststement of Financial Activities in the year which they are received. Depreciation of the assets is charged in the Statement of Financial Activities each year. b} Expendlture Expenditure is recognised in the accounts once a legal or constructive obligation arises to make payment to a third party. it is probable that settlement will be required, and the amount of the obligation can be measured reliably. It is included on an 8ccruals basis, together with irrecoverable VAT. All support costs are allocated to the sole charitable activity, 8$ it is considered the charity cannot carry out its work without incurring these costs. c) Depreciation Ass8ts of a capital nature are shown as fixed assets and depreciated over expected lives, as follows: Equipment 33.33% straight line Indwidual items of£500 and beloware written off in the yearof purchase. d) Investments
Investments held as fixed assets are stated at market value 8t the balance sheet date. el Restricted Funds and Unrestricted Funds The charty held only restricted funds at 1" April 2011 when the assets and liabilities of the former unincorporated charity were transferred in. 8nd throughout the six subsequentyears. In theyearto 31" March 2019 two unrestflcted tundswere created to allow for the creation of a contingency fund for staff employed longer than the lifetime of a grant and to hold unrestricted grants for longer before allocating to programs. fl Going Concern No material uncertainties that may cast significant doubt about the ability of the companyto continue as a going concern have been identified bythe directors. 6b. Net Income & Expenditure forthe Year 31st March 2025 31st March 2024 Examiners Remuneration Depreciation Rent & Rates £1.650 £278 £1.560 £481 958 £13.950 6c. Charitable Activities for the Year Restricted 2025 Unrestricted 2025 £1.496 Total 2025 Total 2024 Direct Project Activities Equipment Depreciation Runningcosts Wages Governance £24.307 £25.802 £24.895 £200 £78 £278 £1.022 £38,104 £4.759 £24.873 £2,304 5.781 £62.977 £2,304 £27.345 £86.530 £2.605 Legal and Professional Total £3,632 £33.510 £97,143 £141.856 42
6d. Staff Costs for the Year 31st March 2025 £62,846 31st March 2024 Salaries Staff Training. recruitment & Other Training Employer NIC Contributions £86.530 £116 £512 £130 Total £63.093 287.0fj2 Total staff employed for the yearwere 2.3 FullTime Equivalent {2024 3.0 Full time Equivalent). No employees, emoluments exceeded £60,000 in the year. The management personn8l were the trustees supported by the charity manager in both years. There were no related party transactions and no Trustees were reimbursed. 6e. Fixed Investments YE2425 YE2324 BMO GlobalAsset Management At 1stApril £8.844 £7.978 Llquidation Revaluation Gains {Lossl £200 £867 At31st March £8,644 £8.844 43
6f. Tangible Assets 31st March 2025 Equlpment 31st March 2025 Total 31st March 2024 Total At 1 stApril £29,055 29,055 £29.055 Additions in Year £1.398 £1.398 Disposals in Year At 31st March £30.453 £30.453 £29,055 DeprecTatton 31st Mar¢h 202S Equipment 31st March 2025 Total 31st March 2024 Total At 1stApril -£28.854 -£28.854 -£28.374 Charge for the Year -£278 -£278 -£481 Disposals in Year At3st March -E29.132 429.132 -E28.854 Net Bookvolue At 31st March 2024 £21XI At 318t March 2025 £1.320 É1.320
6g. Debtors 31st March 2025 31st March 2024 Grant Debtoi Rental Debtor HMRC Totals £12.000 £5.815 £12,000 £5,815 6h. Liabilities: Creditors falling due in 1 year 31st MarGh 202S 313t Mtsych 2024 HMRC Accoullts Payable Income in Advance Other Creditors Total £723 £401 2.477 £3,199 E2.346 £2.746 45
- Restricted Funds Movements forthe Year 2025 1st April 2024 Income Expenditure Tiansfer 31st March 2025 Catalyst Future Proofing CDI Youth Clockhouse Garden GroLlP181.Ipn) £880 £1.412 Clockhouse Other £7.282 £21.721 £23,104 £5.898 Clockhouse Oxford CC Community Creatively Clever CDI Youth Holiday Projects CDI Youth £8,216 £22,466 £16.981 £13.701 Motivate CDI Youth OCC Community Impact Fund Big Ideas 2022-2025 £3,225 £10.450 £7.447 £6.228 Other Projects CDI Youth £11.024 £765 £67 £11.722 Other Projects CDI Youth Projects £20.186 £4.550 £5.077 £19.659 Peoples Health Trust £20,177 £9.154 £10.076 £19.255 Pheonix Rising Group £38 £38 Youngwomen's Project CDI Youth Restrlcted Fund5 £72,438 £69.106 £63.632 £77.912 46
6j. Movements for the Year Ended 2024 1st April2023 In¢ome Expenditure Transfer 31st March 2024 Catalyst Future Proofing CDI Youth Clockhouse Garden Group {SLIGO) £2.330 £38 £2.292 Clockhouse Other £19,562 £12.110 £24.390 £7.282 Clockhouse Oxford CC Community Creatively CleverCDI Youth Holiday Projects CDI Youth £2.056 £35.113 £28,953 £8,216 MotlV8te CDI Youth OCC Community Impact Fund Big Ideas 2022-2025 £225 £9.450 £6.450 £3.225 Other Projects CDI Youth £11.269 £35 £280 £11,024 Other Projects CDI Youth Projects £43.225 £14.883 £37,922 £20,186 Peoples Health Trust 220.177 £20.177 Ph80nix Rising Group £38 £38 Youngwomen's Project CDI Youth Restricted Funds £78.703 £91.767 £98,032 £72,438 47
6k. Analysis of Net Assets by Fund 31st March 2025 Total Restrlcted Funds 2025 Unrestrlcted Funds Fixed Assets Net Current Assets £9.966 £9.966 £30,816 £67,946 £98.762 Total £30,816 £77,912 £108,728 31st March 2024 Total Restrlcted Funds 2024 Unrestrlcted Funds Fixed Assets Net Current Assets £9.044 £9,044 £20.111 £63.394 £83.505 Total £20,111 £72,438 £92.549 6l. Company Information Leys CommunityDevelopment initiative is a companyincorporated in England wrth its registered. office at The Clockhouse Project. LongGround, Greater Leys OX4 7FX. EngLand'. it is limited by guarantee and as such does not have any issued share capital. In the event ot a winding up, the trustees, members ofthe managementcommittee are each required to contribute £1. 48