Ck Ccyrt
HAFWAY
A Private Company Limited by Guarantee
Registered in England No.. 7299262
A Registered Charity No.. 1138279
REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

HAFWAY
A Private Company Limited by Guarantee
Registered In England No 7299262
A Registered Charity No 1138279
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
CONTENTS
PAGE
Company Information
Report of the Trustees and Directors
Independent Examiner's Report
Accounting Policies
Summary Income and Expenditure Account
Balance Sheet
Notes to the Financial Statements
Detailed Income and Expenditure
DonnellyBentley
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
BL148Y

HAFWAY
A Private Company Limited by Guarantee
A Registered Charlty
COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023
DIRECTORS & BOARD OF MANAGEMENT:
Sue Pilling (Chair)
Rodger Petch (Vice Chair)
Ross Pilling
John Currid
Amanda Mary Rushton
lan Greenhalgh
SECRETARY:
Amanda Mary Rushton
REGISTERED OFFICE:
70 Chorley New Road
Bolton
BL148Y
REGISTERED COMPANY NUMBER:
7299262 (England and Wales}
REGISTERED CHARITY NUMBER:
1138279
INDEPENDENT EXAMINER:
Jonathan Hargraves BA (Hons) FCA
DonnellyBentley Ltd
Chartered Accountants & Registered Auditor
Hazlemere
70 Chorley New Road
Bolton
BL148Y
BANKERS:
Lloyds Bank plc
9 Hotel Street
Bolton
BL1 1DB

HAFWAY
A Private Company Limited by Guarantee
A Registered Charlty
REPORT OF THE BOARD OF MANAGEMENT (AS TRUSTEES AND DIRECTORS
FOR THE YEAR ENDED 31 DECEMBER 2023
The Directors, who arethe Trustees and the Board of Management ofthe charitable company, present
their annual report and financial statement for the year ended 31 December 2023, which are also
prepared lo meet the requirements for a directors, report and accounts for Companies Act purposes.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governin Document
HAFWAY is a company limited by guarantee. incorporated on 29 June 2010 and registered as
charity since 6 October 2010. 11 is governed by ils Memorandum and Articles of Association.
The company is a charity registered in England and VV8les and is therefore non-profit making and its
directors and trustees are volunteers. The company has been incorporated without share capital as
it is limited by guarantee, to a maximum of £10 by each of ils members.
ointment of Trustees
The directorsltrustees are appointed by the members of HAFWAY. The directorsrtrustees also have
the power under the goveming documents to co-opt individuals who support the objects of the
organisation.
Trustee Induction and Trainin
As part of their induction, new directorsltrustees are provided with infomiation about the charity, the
management structure, its history and working practices. In addition they are also provided with
extracts of the Memorandum and Articles of Association plus information from the Charity Commission
and Companies House regarding the duties and responsibilities of director5 and trustees. Appropriate
training is provided as required.
OBJECTIVES AND ACTIVITIES
The principal objectives of the charitable cornpany are.'_
(a) To promote social inclusion for the publi¢ benefit by preventing people, primarily those aged
5-18 from becaming socially excluded, particularly by reason of ra￿ or background, relieving
the needs of those people who are socially excluded and assisting them to integrate into and
participate more actively in society-
(b) To promote the education of people, primarily those aged 5-18, in the Halliwell area of Bolton
and surrounding areas.,
Icl The prevention or relief of poverty or financial hardship in the Halliwell area of Bomon and
surrounding areas by providing or assisting in the provision of education, training healthcare
projects and all the necessary support designed to enable individuals to generate a
sustainable income and be self-sufficient.

HAFWAY
A Prlvate Company Limited by Guarantee
A Registered Charity
REPORT OF THE BOARD OF MANAGEMENT {AS TRUSTEES AND DIRECTORS)
FOR THE YEAR ENDED 31 DECEMBER 2023
OBJECTIVES AND ACTIVITIES (continued)
To achieve these objects, HAFWAY aims to..
provide a range of activities facilities and serviGes for young people in the Halliwell and
Crompton wards and surrounding areas of Bolton,.
help integrate young people from different backgrounds, reducing racial tensions.,
engage young people in physical and social activities to improve health, confidence and self-
esteem;
help young people to overcome their disadvantages by developing their skills for adulthood.
PUBLIC BENEFIT
We have refe￿ed to the guidance in the Charity Commission's general guidan￿ on public benefit
when reviewing our aims and objectives and in planning cur future activities. In particular, the trustees
have considered the activities of the Charity as set out in the 'Objectives and Activities, section above,
and the 'Review of Progress and Achievements in the Year,, and assessed their future plans. They
are satisfied Ihat the criteria for public benefit are comprehensively achieved.
REVIEW OF ACHIEVEMENTS IN THE YEAR
The past year, HAFWAYS 25th, has seen many changes. Some planned. some longed for and
some spontaneous. The biggesl being the successful application to the Youth Investment Fund
(YIFI to renovate the parish centre. This has in turn invoked Ghange. We have looked at what we do,
how we do it and where we do it.
Fads and fi
ures
During this time HAFWAY ran 200 sessions plus a weeks camp and a weekend residential.
There We￿ 528 young people on roll.
Attendances totalled 5491.
During the year, the HAFWAY youth workers added extra sessions for the 12+ age group which
were gratefully received.
Youth Investrnent Fund
YIF
After much hard work by the Youth leaders and Irustees, a business plan was presented to the Social
Investment Business ISIB} in London who had been given the powers to provide grant funding from
the Govemment. This was highly praised for having an excellent Youth focus. By August 2023 we
found out that we were successful in our application but embargoed for the next few months whilst all
the legal due diligenGe took place. This meant moving fotward with excitement for the future whilst
holding onto the present. Our delivery and partnership with our YP was held closely to fflake sure that
we look the next steps together. Our YIF contact was Naomi Sampson who was extremely helpful and
informative throughout this process. The Diocesan Registrar, together with the Wesl Bolton Team
PCC also worked hard to support our application for a 25 year lease on the Parish Centre with the
Charity Commission. Our YP also played an important part in this by making and editing their own
video for

HAFWAY
A Private Company Llmited by Guarantee
A Registered Charity
REPORT OF THE BOARD OF MANAGEMENT (AS TRUSTEES AND DIRECTORS)
FOR THE YEAR ENDED 31 DECEMBER 2023
REVIEW OF ACHIEVEMENTS IN THE YEAR Icontinuedl
for the SIB team to see. They talked about HAFWAY and their hopes and aspirations for a new
building and a new future. HAFWAY trustees and youth leaders discussed possible architects and
engineers to quote for the job. They weré engaged to draw up plans to renovate the building to
HAFWAYS specifications. The risk registerwas also reviewed and updated in light ofthe YIF
funding.
Youth Truslees
Two new non-executive youth trustees, Callum and Raen were put foMard by th8 YP and welcomed
by the Irustees who each explained their HAFWAY role and answered any questions. The chair
informed them about the success of the YIF bid, their role in it and all its advantages.
Trainin
Training sessions continued with the TECKLE online monitoring and evaluating system that
HAFWAY had been trialling The TECKLE data was now up and running with the development of
further areas relevant to our Passport to Life program. Youth workers now had the accessibility to
draw up essential reports including safeguarding issues and other incidents.
Activities
Duke of Edinburgh expeditions continued throughout the year as did the HAF (holiday activities and
food} funded by CVS which was a great success. HDwever, the trustees had noticed an increased
expenditure in food costs this year, reflective of the rise in the cost of living and deprivation wilhin
the community. This has been funded through small grants. The April residential weekend at the
Anderton Centre was attended by 16 of our most challenging YP who engaged in a variety of
outdoor activities which were greatly enjoyed by all. In August, our weeks camp to mid-wales took
place and the YP took part in activities such as canoeing, climbing, archery and pizza making.
Thank you lo the youth leaders and volunteers who made this week so exciting and also to our YP
who engaged so well in these positive activities, learnt new skills. grew in confidence and in
awareness of their self and others.
Fundraisin
Fundraising ev&nts continued throughout the year with two afternoon teas run by the YP for the
community and a Santas Grotto as part of the community Christmas Fare. These supported our YP
in developing a greater understanding of community and making better social connections. A huge
thank you to all our funders from Henry Smith, National Lottery and Bolton CVS who have supported
HAFWAY this year and who contributions have helped us move from strength to strength.
HAFWAY is managed by a professional, dedicated team of staff, volunteers and trustees and we are
very much looking fotward to moving back into our renovated 21. century state of the art Youth Hub.
We are also looking fomard to working with our many YP and forging ahead with new plans and
ideas into the mid-cenlury.

HAFWAY
A Private Company Limitad by Guarantee
A Registered Charity
REPORT OF THE BOARD OF MANAGEMENT IAS TRUSTEES AND DIRECTORS)
FOR THE YEAR ENDED 31 DECEMBER 2023
FINANCIAL REVIEW
The deficit for the year was
From which is added the retained surplus brought forward
(53,362)
90,975
Leaving a surplus Garried forward of
37,613
Reserves Pollcy
It is our aim to maintain unrestricted funds, which are free reserves of the Charity, at a level which
equates to approximately six months unrestricted expenditure. However, as a relatively small Charity
this may vary from year to year depending on the size of projects available which are eligible for
expenéiture according to the Charity's objectives.
This provides sufficient funds to cover
management, adrninislration and support costs and allows the Charity to react to changes in funding
in a constructive manner.
BOARD OF MANAGEMENT
The Directors of HAFWAY are its trustees for the purpose of charity law. The trustees and officers
who served during the year 2nd since the year end are as follows..
31 December 2023
Sue Pilling (Chairl
Rodger Petch Ivice Chair)
Ross Pilling
John Currid
Amanda Mary Rushton
lan Greenhalgh
31 December 2022
Sue Pilling (Chair)
Rodger Petch (Wice Chair)
Ross Pilling
John Currid
Amanda Mary Rushton
lan Greenhalgh
All Trustees are volunteers and received no remuneration for their services during the penod.
None of Ihe Trustees who served during the period had any beneficial interests in the charitable
company.

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
REPORT OF THE BOARD OF MANAGEMENT IAS TRUSTEES AND DIRECTORS)
FOR THE YEAR ENDED 31 DECEMBER 2023
STATEMENT OF TRUSTEES, RESPONSIBILITIES
Company law require5 the trustees to prepare financial statements for each financial year, which give
a true and fair view of the stale of affairs of the charitable company and of the incoming resources
and application of resources. including the incom& and expenditure, of the charitable company for the
year. In preparing these financial statements the trustees are required lo..
Company law requires the trustees to prepare financial statements for each financial year, which give
a true and fair view of the state of affairs of the charitable company and of the incoming resources
and application of resources, including the income and expenditure, of the charitable company for the
year. In preparing these financial Statements the trustees are required to..
Se5ect suilable accounting policies and then apply them consistently.,
Observe the methods and principles in the Charilies SORP IFRS 102);
Make judgements and estimates that are reasonable and prudent.
State whether applicable UK Accounting Standards have been followed. subject to any
material departures disclosed and explained in the financial statements..
Prepare the financial slalements on the going concem basis unless it is inappropriate to
presume that the charrtable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable
accuracy al any time the financial position of the charitable company and enable them to ensure that
the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
TAXATION
The Board of Management are of the opinion that the company is a close company for taxation
purposes. Exemption to taxation has been granted by thé Inland Revenue und8r the provisions of
Section 505 of the Income and Corporation Taxes Act 1988.
INDEPENDENT EXAMINER
The directors consider that for the year ended 31 December 2023 the Gompany was entitled to
exemption from a slalutory audit under Section 477 ofthe Companies Act 2006. Under the provisions
of the Act the directors have appointed Mr J Hargraves as Independent Examiner.
SMALL COMPANY EXEMPTION
In preparing this report the directors have taken advantage of the provisions of the Companies Act
2006 applicable to companies subject to the small companies regime.
APPROVED BY THE BOARD OF MANAGEMENT
AND SIGNED ON BEHALF OF THE BOARD BY:
Signed
Trustee
21 October 2024

HAFWAY
A Privats Company Lirnited by Guarantee
A Registered Charlty
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
ON THE UNAUDITED ACCOUNTS OF HAFWAY
I report on the accounts of the company for the year ended 31 December 2023 sel OLrt on pages 4 to 7.
Respectivg responsibilities of trustees and examiner
The Iruslees (who are also the directors of the company for the purposes of company law) are responsible
for the preparation of the accounts. The trustees consider that an audit is not required for this year under
seclion 144(2) of the Charities Act 2011 Ilhe 2011 Acll and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for
independent examinats'on, it is my responsibility lo..
examine the accounts under section 145 of the 2011 Act.,
follow the prO￿dureS laid down in the general Directions given by the Charity Commission under
section 145151(bl of the 2011 Act., and
stste whether particular matters have come to my attenbon.
Basis of independent examinerfs report
My examination was carried out in 2ccordan￿ with the general Directions given by the Charty
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. 11 a150 includes consideration of any unusual
items or disclosures in the accounts, and seeking Èxplanalion5 from you as trustees concerning any such
matters. The procedures undertaken do not provide all the evidence that would be required in an audit
and consequently no opinion is given as lo whether the accounts present a °true and fair view- and the
report is limited to those matters sel out in the statement below.
Independent examinerfs stslement
In connection with my examination, no matter has come to my attention..
which gives me reasonable cause to believe that, in any material respect, the requirements..
to keep accounting records in accordance with sectr.on 386 ofthe Companies Act 2006-, and
to prepare accounts which accord with the accounting records, comply with the accounting
requirements of section 396 of the Cornpanies Act 2006 and with the methods and principles
of the Statement of Recommended Practice.. Accounting and Reporting by Charities
have not been met., or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
accounts lo be reached.
ICH
rLuJLS
Jonathan Hargraves BA (Hons) FCA
DonnellyBentley Ltd
Chartered Accountants
H8zlemere
70 Chorley New Road
Bolton
BL14BY
21 October 2024

HAFWAY
A Private Company Limited by Guarantee
A RegiSte￿d Charity
ACCOUNTING POLICIES
FOR THE YEAR ENDED 31 DECEMBER 2023
The principal accounting policies adopted, judgements and key Sources of estimation uncertainty in
the preparation of the financial statements are as follows:.
BASIS OF PREPARATION
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS
102} (effective 1 January 20191- (Charities SORP 2019), the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. HAFWAY me&ls the
definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at
historical cost or transaction value unless olhemise slated in the relevant accounting policy notes).
They have been prepared under the historic cost convention and the going concern basis.
FUND ACCOUNTING
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general
objectives of the Charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through
the terms of a grant.
INCOME
All income is included in the statement of financial activities when Ihe Charity is entitled to the income
and the amount can be quantified with reasonable accuracy.
EXPENDITURE
All expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all costs related to the category.
Charitable activities expenditure cornprises those costs incurred by the Charity in the delivery
of ils activities and serVI￿S for 115 beneficiaries. It includes both costs that can be allocated
directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs include those inCu￿ed in the govemance of the charity and its assets and
are primarily associated with constilulional and statutory requirements.
All costs afe allocated between the expenditure categories on a basis designed to reflect the
use of the resource. Costs relating to a particular activity are allocated directly. others are
apportioned on an appropriate basis.

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
ACCOUNTING POLICIES
FOR THE YEAR ENDED 31 DECEMBER 2023
TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life
Computer equipment
Fixtures, fittings and equipment
Molor vehicles
250k on cost
150A on reducing balance
250h on cost
VAT ACCOUNTING
All grant income and donations are outside the scope of VAT, therefore the Company is not liable to
be registered for VAT.
Irrecoverable VAT on expenditure is not analy5ed separately but attributed to the category of
expenditure on which il is incurred.
PENSION COSTS
The company operates a defined contribution pension scheme. The assets of the scheme are held
separately from those of the company in an independently administered fund. Contributions payable
for the y8ar are charged against the income and expenditure account.
TAXATION
No provision has been made for taxation as exemption from taxation is being granted by the Inland
Revenue under the provisions of Section 505 of the Incorne and Corporation Taxes Act 1988.
CASH FLOW STATEMENT
The Company qualifies as a small company under the Companies Act 2006. The Board of
Management have elected lo take advantage ofthe exemption under Update Bulletin 1 ofthe Charities
SORP IFRS 1021 not to prepare a cash flow statement.
GOING CONCERN
The trustees have reviewed the circumstances of HAFWAY and consider that adequate resources
continue to be available to fund the activities of the charity for Ihe foreseeable future. The trustees
are of the view that the charity is a going concern.

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
INCOME
97,251
145,015
Other Operating Charges
150,613
119,281
Bank Interest ReGeivable
{DEFICIT)ISURPLUS ON ORDINARY ACTIVITIES
BEFORE TAXATION
(53,3621
25.734
Tax on Income on Ordinary Activities
(DEFICIT)ISURPLUS ON ORDINARY ACTIVITIES
AFTER TAXATION
(53,362
25.734
RETAINED IDEFICITIISURPLUS FOR THE YEAR
153,362)
25,734
RETAINED SURPLUS BROUGHT FORWARD
90,975
65,241
ACCUMULATED FUND TO CARRY FORWARD
90,975
In the year ended 31 December 2023 and the year ended 31 December 2022. the only Ideficit)Isurplus
recognised by the company was the (deficil)Isurplus for the period,. all of the activities undertaken by
the company were continuing activilies.

7)
c ¢Y
è£
Ty 7J
111 2 11,

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Note
FIXED ASSETS
21,742
27,539
CURRENT ASSETS
Cash at Bank and in Hand
39,710
66,763
39,710
66,763
CREDITORS.. AMOUNTS FALLING
DUE WITHIN ONE YEAR
3,3271
NET CURRENT ASSETS
15,871
63,436
TOTAL ASSETS LESS CURRENT LIABILITIES
37,613
90,975
FUNDS
Unrestricted Funds
Restricted Funds
20,031
17,582
28,967
62,008
90,975
For the year ending 31 December 2023 the company was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The members have not required the company to obtain an audit of its accounts for the year in
question in accordan￿ with section 476.,
The directors acknowledge Iheir responsibilities for complying with the requirements of the
Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions of Part 15 of the
Companies Act relating to small companies and constitute the annual accounts required by the
Companies Act 2006 and are for circulation lo members oflhe company.
The financial statements on pages 4 to 7 were approved by the Board of Management and signed on
its behalf by'.-
Trustee
On behalf of the Mernbers ofthe Board Management
21 October 2024

HAFWAY
A Private Company Llmited by Guarantee
A Registered Charity
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
1. INCOME
Total
2023
Total
2022
UnrestriGted
Restricted
DONA TIONS & LEGACIES'.-
Fundraising
Bolton CVS
YIF
Henry Smith
James and Lady Scott Trust
Let Yourself Trust
St Thomas
UK Youth
National Lottery
Other Donations
12,069
8,116
14,132
9,920
8.182
12,069
8,116
14,132
45,800
3,000
25,000
526
10,000
50,000
2,934
10,000
50,000
50,800
1,787
2,934
145 015
The company being a registered charity currently receives a substantial amount of its inGome in the
form of granls and donations. These are specifically provided in order to fund the company's principal
aims and objectives. All the income is derived from the United Kingdom.
2. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES
Unrestricted
Restricted
Total
2023
Total
2022
Main Operational Cosls
other Operational Costs
Repairs and Maintenan
Activities
Equipment and Supplies
Staff Costs (see note 41
7,181
1,601
159
7,413
5,784
1,801
8,425
27,544
1,043
8,509
7,957
15,606
29,145
1,202
15,922
13.741
14,350
11,705
21,197
8,341
63,688
23,939
126674
150 613 119,281

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2023
3. ANALYSIS OF GOVERNANCE COSTS
Total
2023
Total
2022
Unrestrlcted
Restricted
Accountancy
Bank Charges
Payroll Admin
557
63
211
1,112
52
388
1,869
115
599
1.529
118
518
831
1,552
4. EMPLOYEES
2023
2022
Salanes and Wages
National Insurance
Pension Contributions
70,769
60,270
4,228
3,418
74,997
63,688
The average number ofemployees in the period was 5.
There are no employees who received total emoluments of more than £60,000.
There are no trustee or key management personnel remuneration benefils.
5. TANGIBLE FIXED ASSETS
Fixtures,
Fittings &
Equipment
Motor
Vehicles
Computer
Equipment
Total
COST
At 1 January 2023
Additions
Disposals
31.119
2.495
2,117
966
34,580
2,117
At 31 De￿mber 2023
4,612
966
36,697
DEPRECIATION
At 1 January 2023
Charge for the Year
Disposals
3,890
7,780
2,495
88
656
46
7,041
7,914
Al 31 December 2023
11,670
703
14,955
NET 800K VALUE AT
31 DECEMBER 2023
19,449
263
21,742
NET BOOK VALUE AT
31 DECEMBER 2022
27,229
310
27,539

f*> W ty)
fc LU

HAFWAY
A Prlvate Company Llmlted by Guarantee
A Registered Charity
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2023
7. ANALYSIS OF MOVEMENT IN FUNDS IN YEAR (Continued)
a) UK Youth this fund is in partnership with the Pears Foundation to support the cost of living
increases eg. Salaries, fuel and food on the project.
b) Henry Smith- The Henry Smith charity contributes towards the salaries and costs of the youth
workers at Ha￿ay, who provide support to disadvantaged young people in deprived areas of
Bolton.
c) Youth Investment Fund- this is a bespoke fund from the govemment for creating, expanding
and improving youth services across England.
dl TNL - this fund received from The National Lottery Community Fund goes towards salaries,
overheads and rent.
el HAF- this is funded by the Department of Education and coordinated locally by Bolton Council.
Our HAF programme supports children and families on benefits related free school meals with
free fun and enriching activities alongside a meal for a minimum of 4 hours a day, 4 days a
week.
Minibus- one off donation from Let Yourself Trusl was secured to fund the purchase of a new
minibus. The Let Yourself Trust is a non-profit organisation that provides funding for and
informs on a wide variety of projects and justice movements both al home and abroad.

HAFWAY
A Private Company Limited by Guarante8
A Registered Charity
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2023
8. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Final balances al 31 December 2023 are represented by..
Unrestrlcted
Funds
Restricted
Fund
Total
Fixed Assets
Current Assets
Current Liabilities
2,293
19,979
2,241}
19,449
19,731
21,598
21.742
39,710
20,031
9. CONSTITUTION
The charitable company is limited by guarantee 2nd does not have a share capital. In the event of
the company being wound up the members are committed to a con*ribution of £10 each.
10. CAPITAL COMMITMENTS
2023
2022
Capital expenditure that has been authorised by the
trustees but has not yet been contracted for
Capital expenditure thal has been contracted for but not
yet provided
1,351,476
11. RELATED PARTY TRANSACTIONS
There are no related party transactions in the period.
12. TRANSACTIONS WITH DIRECTORS AND TRUSTEES
There have been no transactions with directors during the period other than the re-imbursement of
expenses incurred on behalf of the charitable company.
None of the Directors (who are also Trustees) received any remuneration for their services during the
period.
13. ULTIMATE CONTROLLING PARTY
As a charity the Company is under the Control of the Board of Management.