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 2024

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 2024
CONTENTS
PAGE
Company Information
Report of the Trustees and Directors
Independent Examiner's Report
Accounting Policies
Summary Income and Expenditure Account
Statement of Financial Activities
Balance Sheet
Statement of Cashflows
Notes to the Financial Statements
Detailed Income and Expenditure
DonnellyBentley
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
BL14BY

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024
DIRECTORS & BOARD OF MANAGEMENT:
Sue Pilling (Chair)
Rodger Petch (Vice Chair)
Ross Pilling
John Currid
Amanda Mary Rushton
lan Greenhalgh
Elisabeth Ashton
Deen Ishmaaeel
SECRETARY:
Fiona Harris
REGISTERED OFFICE".
Hafway Hub St Pauls Parish Centre
Halliwell Road
Bolton
Lancashire
BL18BP
REGISTERED COMPANY NUMBER:
07299262 (England and Wales)
REGISTERED CHARITY NUMBER:
1138279
INDEPENDENT EXAMINER:
Andrew Newton
DonnellyBentley Ltd
Chartered Accountants & Registered Auditor
Hazlemere
70 Chorley New Road
Bolton
BL14BY
BANKERS:
Lloyds Bank plc
9 Hotel Street
Bolton
BL1 1DB

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
REPORT OF THE BOARD OF MANAGEMENT (AS TRUSTEES AND DIRECTORS)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Directors, who are the Trustees and the Board of Management of the charitable company, present
their annual report and financial statement for the year ended 31 December 2024, which are also
prepared to 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 a
charity sinGe 6 October 2010. It is governed by its Memorandum and ArtiGles of Association.
The company is a charity registered in England and Wales 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 its members.
ointment of Trustees
The directorsltrustees are appointed by the members of HAFWAY. The directorsltrustees also have
the power under the governing 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 information 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 directors and trustees. Appropriate
training is provided as required.
OBJECTIVES AND ACTIVITIES
The principal objectives of the charitable company are:_
(a) To promote social inclusion for the public benefit by preventing people, primarily those aged
5-18 from becoming 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.
(c) The prevention or relief of poverty or financial hardship in the Halliwell area of Bolton 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 Private Company Limited by Guarantee
A Registered Charity
REPORT OF THE BOARD OF MANAGEMENT (AS TRUSTEES AND DIRECTORS)
FOR THE YEAR ENDED 31 DECEMBER 2024
OBJECTIVES AND ACTIVITIES (continued)
To achieve these objects, HAFWAY aims to,.
provide a range of activities facilities and services 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 referred to the guidance in the Charity Commission's general guidan￿ on public benefit
when reviewing our aims and objectives and in planning our 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 that the criteria for public benefit are comprehensively achieved.
REVIEW OF ACHIEVEMENTS IN THE YEAR
HAFWAYS 26th year has been one of great excitement. A year full of promise for building an even
brighter future for both the organisation and for our Young People. The main focus of both Youth
leaders and Trustees has been to submerge ourselves into the legal and building processes presented
to us. We have had to embrace all difficulties and issues involved in creating a positive outcome so
that we will all be proud of our new HAFWAY 7 day a week Youth Hub.
First of all 2024 in a nutshell-.-
501 individual Young People attended our sessions.
4831 Youth club visits were recorded.
3000 FREE hot meals were served to our Young People.
49 % of Young People we engaged with are from an ethnic minority.
71 % of Young People we engaged with identify as male with 28 /0 female and 1 % non-binary.
570/0 of Young People we enga9ed with were over 14 years old, the other 430/0 were ages 8 to
14.
30+ young volunteers were making a difference.
4 employed staff and over 15 regular volunteers enabled us to run the project in a professional
manner.
100 % of our Youth sessions were FREE of charge with equal access for all.
Buildin
Works :.
ettin
the
rocess ri
ht
Throughout the year, a special mention needs to be made of Moira, our lead youth worker, who
tirelessly followed the project each day and was always on hand to answer any of the contractors
queries. In a professional manner she was able to put them right when things were in doubtl Thank
you also to the Trustees who regularly attended site meetings and pushed for deadlines and debated
alternative solutions to any problems that arose.

HAFWAY
A Private Company Limited 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 (continued)
A consulting engineer, architect, principal designer and quantity surveyor were appointed.
Fusion 21 were appointed as procurement consultants to oversee the process of contractor
and professional team appointments.
Turners and Townsend were appointed by the YIF as an external project management
company overseeing the contract management and delivery.
Plans to renovate the listed building were passed by Bolton council.
HAFWAY appointed their own solicitor to make sure that all legalities were in place.
HAFWAY Trustees and appointed professionals sat down together to choose an appropriate
contractor out of six tender invitations. Four contractors submitted and ROSSLEE were
appointed as the successful contractor.
In May the Mechanical and Electrical consultants were approved.
HAFWAYS equipment was moved out of the building, some into storage and some to the
community centre where sessions were to be run.
Completion of Land Registry 03106124.
Building work commenced 17106124.
Staffin
Youth Leaders Moira Esther Beck
and Charlie
The biggest worry by staff was that we could lose a large number of Young Peop.e when we moved
into the Community centre as things were going to be so different. In fact we did lose some young
People but gained others. The actual impact of moving into a smaller space was felt more intensely
by staff and volunteers rather than the Young People. As numbers settled, due in reality to the space
being so well managed, we soon found our rhythm. In fact we surpassed it with both increased
numbers of Young People and increased sessions attended.
HAFWAY welcomed Kelly as a new sessional member of staff.
HAFWAY welcomed Dave as a new volunteer.
In order to accommodate our new Youth Hub, discussions began to take place as to what new
posts (2 FT and 2PT) would be most beneficial to the running of the project.
Activities
In August 90 young People attended camp in mid-wales. the theme was survival and this year
HAFWAYS Young People enjoyed a joint venture with the South Craven Youth group.
Activities included Archery, Raft-Building, Climbing, Stretcher-making ,Baking and group
discussions
One of our trustees who dttended the camp commented on how all the Young People were
actively and positively engaged in the activities .He could see that as the week continued the
Young People were growing in awareness of self and others and were making better social
connections .As new skills were learned they were also growing in confiden
A weekend minicamp was also arranged for our most challenging Young People and was a
great success
Duke of Edinburgh awards continued throughout the year.
The August HAF (Holidays ,Activities and Food ) project was also very successful with
attendance by 132 Young People, 54 of whom qualified for free school meals.
The girls group continued throughout the year with increased attendance .They enjoyed
meeting together and enhancing their art and craft skills and sporting activities.

HAFWAY
A Private Company Limited by Guarantee
A Registsred Charity
REPORT OF THE BOARD OF MANAGEMENT (AS TRUSTEES AND DIRECTORS)
FOR THE YEAR ENDED 31 DECEMBER 2024
REVIEW OF ACHIEVEMENTS IN THE YEAR (continued)
Trainin
Moira, Esther and Sue (chair of HAFWAY) attended the YIF training in Liverpool in May.
Seminars attended included Marketing, Fund Raising and Income generation, Project
Management, Environmental Sustainability, Recruitment and Managing Organisational growth
and change. The day proved to be very interesting, and Moira and Esther took part in a filmed
interview regarding the effectiveness of the YIF funding for HAFWAY. Sue provided written
feedback to the organisers.
The youth workers attended a meeting in Dundee regarding the TECKLE data system that
HAFWAY are now fully utilising. Further training included the adjustment of the monitoring and
evaluating programs to better suit HAFWAYS needs for future development.
HAFWAY have enrolled with Bolton University as a placement finder to nurture people who
wish to become involved in youth work.
Fundraisin
Events continued throughout the year despite the building work upheaval.
Two afternoon teas were organised for the community run by the Young People.
A curry night and quiz supported HAFWAY funds.
The Yoijng People decorated and ran a Santas grotto with refreshments to support the
community Christmas Fayre.
Youn
Peo
Congratulations to Adam who fulfilled his aim to become part of the Bolton Youth Parliament.
He is enjoying the challenges including promoting HAFWAY to a wider audience.
Congratulations also go to Grace who has qualified for the Bolton Wanderers women's football
team ,well done. HAFWAY greatly benefits from the support Bolton Wanderers in the
community.
The Trustees welcomed Braidien and Raen as two non-executive youth trustees.
Funders
A large thank you to all our funders who have supported HAFWAY this year and whose contributions
are greatly valued.
YIF £1.5 Million, new investor
Henry Smith charity
The National lottery
Holidays, Activities and Food fund. Funded by Dept of Education and coordinated by Bolton
Council
Warburtons, their bread donations help us to manage our food costs which have doubled.
ASDA
Saving Threads CIC run by two members of Smithills secondary School staff who donated to
HAFWAY because they value the difference HAFWAYS input makes to their students, both in
their attitudes and perfomiance in school.
HAFWAY is managed by a professional, dedicated team of staff, volunteers and trustees. We are very
much looking forward to working with our many Young People and forging ahead with new plans and
ideas in the development of our new HAFWAY Youth hub.

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
REPORT OF THE BOARD OF MANAGEMENT {AS TRUSTEES AND DIRECTORS)
FOR THE YEAR ENDED 31 DECEMBER 2024
FINANCIAL REVIEW
The deficit for the year was
From which is added the retained surplus brought forward
{4,253)
37,613
Leaving a surplus carried forward of
33,360
The principal financial risks and uncertainties for the charity relate to the securing of funding to cover
salaries and youth worker expenses. The charity is also subject to the risk of increasing costs to
provide the highest quality activities for young people.
The trustees and youth workers attend regular meetings to discuss performance and plans are
adjusted if any significant issues arise. HAFWAY has a risk management programme in place to cover
all aspects of governance, staffing, buildings and health and safety and this is currently being reviewed
to support the move into the new building. Major risks are regularly reviewed and the charity has
established systems and protocols in place to manage these risks.
Future financial performance and position will be materially affected should HAFWAY not secure
grantoe and funding from providers. The charity has an ever strengthening reputation for providing
excellent services for young people and is working towards a 7-day activity hub. The trustees are
confident that these factors should attract furtherfunding and minimise the risks of not receiving further
funding.
Reserves Policy
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
expenditure according to the Charity's objectives.
This provides sufficient funds to cover
management, administration and support costs and allows the Charity to react to changes in funding
in a constructive manner.
At 31 December 2024 the charity had restricted funds of £17,073 (2023: £17,582) and unrestricted
funds of £16,287 (2023.. £20,031).
PLANS FOR FUTURE PERIODS
HAFWAY has always provided support for young people on a weekly basis but now has plans in place
to expand this project into a 7-day activity hub which will allow the charity to use increased experience
to provide even more activities to young people. Achievement of this plan relies on increased levels
of staff and youth workers, and this is how the charity plans to action this moving forward.
HAFWAY always has a vision for future development and considering the views of trustees, young
people and the local community alike will allow the charity to maintain a prominent position within the
ommunity whilst furthering the activities and services provided for young people.
The trustees have completed an internal audit each to evaluate their individual strengths and how
these can be used to best promote HAFWAY in the present and future.

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
REPORT OF THE BOARD OF MANAGEMENT (AS TRUSTEES AND DIRECTORS)
FOR THE YEAR ENDED 31 DECEMBER 2024
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 and since the year end are as follows"
31 December 2024
Sue Pilling (Chair)
Rodger Petch (Vice Chair)
Ross Pilling
John Currid
Amanda Mary Rushton
lan Greenhalgh
Elisabeth Ashton
Deen Ishmaaeel
31 December 2023
Sue Pilling (Chair)
Rodger Petch (Vice Chair)
Ross Pilling
John Currid
Amanda Mary Rushton
lan Greenhalgh
Elisabeth Ashton (appointed 5110122)
Deen Ishmaaeel (appointed 5110122)
All Trustees are volunteers and received no remuneration for their services during the period.
None of the Trustees who served during the period had any beneficial interests in the charitable
company.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees are responsible for preparing the Trustees, Annual Report and the financial statements
in accordan￿ with 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, 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..
Select suitable accounting policies and then apply them consistently"
Observe the methods and principles in the Charities SORP (FRS 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 statements on the going concern basis unless it is inappropriate to
presume that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable
accuracsi at 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.

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
REPORT OF THE BOARD OF MANAGEMENT (AS TRUSTEES AND DIRECTORS)
FOR THE YEAR ENDED 31 DECEMBER 2024
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 the Inland Revenue under 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 2024 the company was entitled to
exemption from a statutory audit under Section 477 of the Companies Act 2006 and is eligible for an
independent examination.
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
Director- Susan Margaret Pilling
28 August 2025

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAFWAY
I report to the charity trustees on my examination of the accounts of the company for the year ended 31
December 2024 set out on pages 4 to 8.
Responsibilities and basis of report
As the charity trustees of the company (and also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
2006 ('the 2006 Act")
Having satisfied myself that the accounts 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 examination of your
company's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act"). In carrying
out my examination I have followed the Directions given by the Charity Commission under section 145{5)(b)
of the 2011 Act.
Independent examiner's statement
I can confirm that l am qualified to undertake the examination because l am a member of The Institute of
Chartered Accountants in England and Wales.
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 that in any material respect:
1. Accounting records were not kept in respect of the company as required by section 386 of the 2006
Act.. or
2. The accounts do not accord with those records., or
3. The accounts do not comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a "true and fair view" which is not a matter considered
as part of any independent examination", or
4. The accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for 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 Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reach d.
Andrew Newton
Institute of Chartered Accountants in England and Wales
DonnellyBentley Ltd
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
BL14BY
28 August 2025

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
ACCOUNTING POLICIES
FOR THE YEAR ENDED 31 DECEMBER 2024
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 issued
in October 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting
Practice. HAFWAY meets the definition of a public benefit entity under FRS 102. Assets and liabilities
are initially recognised at historical cost or transaction value unless otherwise stated in the relevant
accounting policy notes). They have been prepared under the historic Gost convention and the going
oncern 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 the Charity is entitled to the income
and the amount can be quantified with reasonable accuracy and when it is probable that the income
will be received.
For donations to be recognised the charity will have been notified of the amounts and the settlement
date in writing. If there are conditions attached to the donation and this requires a level of performance
before entitlement can be obtained then income is deferred until those conditions are fully met or the
fulfilment of those conditions is within the control of the charity and it is probable that they will be
fulfilled.
No amount is included in the financial statements for volunteer time in line with the SORP.
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 comprises those costs incurred by the Charity in the delivery
of its activities and services for its beneficiaries. It includes both costs that can be allocated
directly to such aGtivities and those costs of an indirect nature ne￿SSary to support them.
Governance Gosts include those incurred in the governanGe of the charity and its assets and
are primarily associated with constitutional and statutory requirements.
All costs are 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 2024
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
Motor vehicles
25 % on cost
15 /0 on reducing balance
25 % on cost
DEBTORS AND CREDITORS RECEIVABLEIPAYABLE WITHIN ONE YEAR
Debtors and creditors with no stated interest rate and receivable or payable within one year arp
recorded at transaction price. Any losses arising from impairment are recognised as expenditure.
CASH AT BANK AND IN HAND
Cash at bank and in hand includes cash on deposit and cash equivalents with a maturity of less than
one year.
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 analysed separately but attributed to the category of
expenditure on which it is incurred.
PENSION COSTS
The company operates a defined contribution pension scheme. The assets of the acheme are held
separately from those of the company in an independently administered fund. Contributions payable
for the year are charged against the income and expenditure account.
TAXATION
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is
considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it
meets the definition of a charitable company for UK corporation purposes.
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 the 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 2024
2024
2023
INCOME
874,626
97,251
Other Operating Charges
878,879
150,613
Bank Interest Receivable
(DEFICIT)ISURPLUS ON ORDINARY ACTIVITIES
BEFORE TAXATION
(4,253) (53,362)
Tax on Income on Ordinary Activities
(DEFICIT)ISURPLUS ON ORDINARY ACTIVITIES
AFTER TAK4TION
4,253
RETAINED (DEFICIT)ISURPLUS FOR THE YEAR
(4,253) (53,362)
RETAINED SURPLUS BROUGHT FORWARD
37,613
90,975
ACCUMULATED FUND TO CARRY FORWARD
33,360
37,613
In the year ended 31 December 2024 and the year ended 31 December 2023. the only (deficit)Isurplus
recognised by the company was the (deficit)Isurplus for the period; all of the activities undertaken by
the company were continuing activities.

u)
è£

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Note
FIXED ASSETS
13.393
21,742
CURRENT ASSETS
Prepayments and Accrued Income
Cash at Bank and in Hand
45,973
30,396
39,710
76,369
39,710
CREDITORS. AMOUNTS FALLING
DUE WITHIN ONE YEAR
56,402)
23,839)
NET CURRENT ASSETS
19,967
15,871
TOTAL ASSETS LESS CURRENT LIABILITIES
33,360
37,613
FUNDS
Unrestricted Funds
Restricted Funds
9,10
16,287
17,073
20,031
17,582
33,360
37,613
For the year ending 31 December 2024 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 accordance with section 476.,
The directors acknowledge their resporisibilities 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 to members of the company.
The financial statements on pages 4 to 8 were approved by the Board of Management (Directors) and
signed on its behalf by:_
Director- Susan Ma
garet Pilling
On behalf of the Members of the Board Management (Directors)
28 August 2025

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
STATEMENT OF CASHFLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Cashflows from operating activities:
Net cash provided by (used in) operating activities
9,313
24,936
Cashflows from investing activities:
Purchase of property, plant and equipment
2,117
Net cash provided by (used in) investing activities
2,117
Cashflows from financing activities:
Net cash provided by (used in) financing activities
Net increasel(decrease) in cash and cash equivalents
{9,313) (27,053)
Cash and cash equivalents at 1 January 2024
39,710
66,763
Cash arid cash equivalents at 31 De￿mber 2024
30,397
39,710
Reconciliation of net movements in funds to net cash flow
from operating activities
Net movements in funds for the year ended 31 December 2024
(4,253) (53,362)
Ad
ustments for..
Depreciation charges
(Increase)Idecrease iri debtors
Increasel{decrease) in creditors
8.349
(45.973)
32,564
7,914
20,512
Net cash provided by (used in) operating activities
9,313
24,936
Analysis of cash and cash equivalents
Cash in hand
30,397
30,397
39,710

HAFWAY
A Private Company Limited by Guarantse
A Registered Charity
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1. INCOME
Total
2024
Total
2023
Unrestricted
Restricted
DONA TIONS & LEGACIES.-
Fundraising
Bolton CVS
YIF
Henry Smith
Asda Foundation
St Thomas
UK Youth
National Lottery
Other Donation
8,662
8,662
9,069
756,667
57,300
2,000
608
10,000
25,000
5,320
9,069
756,667
57,300
8,116
14,132
2,000
608
10,000
10,000
50,000
2,934
25,000
5,320
26,590
848,036
874,626
97,251
Income from donations and legacies was £874,626 (2023: £97,251) of which £848,036 {2023'.
£l$2,248) was attributable to restricted and £26,590 (2023: £15,003) was attributable to unrestricted
funds.
The company beirig a registered charity currently receives a substantial amount of its income in the
fomi of granti 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
Total
2024
Total
2023
UnrestriGted
Restricted
Main Operational Costs
Other Operational Costs
Repairs and Maintenance
Activities
Equipment and Supplies
Staff Costs (see note 4)
Project Costs
4,194
8,018
17
9,330
6,952
1.823
14.942
10.704
598
6,797
1,056
87,440
727,008
19,136
18,722
615
16,127
8,008
89,263
727.008
15,606
29,145
1,202
15,922
13,741
74,997
30,334
848,545
878,879 150,613
£848,545 (2023.. £126,674) of the above costs were attributable to restricted funds. £30,334 (2023:
£23.939) of the above costs were attributable to unrestricted funds.
Support costs comprise governance costs of £2,743 (2023: £1,784) which are detailed in note 3 and
professional fees of £963 (2023: £15,554). Total support costs are £3,706 (2023: £17,338) of which
£2,128 (2023: £16,718) were attributable to restricted funds and £1,578 (2023.. £620) were attributable
to unrestricted funds.

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2024
3. ANALYSIS OF GOVERNANCE COSTS
Total
2024
Total
2023
Unrestricted
Restricted
Accountancy
Bank Charges
600
26
2,051
66
2,651
92
1,669
115
626
2,117
2,743
1,784
The independent examiner's remuneration amounts to an independent examination fee of £2,220
(2023. £1,620).
4. EMPLOYEES
2024
2023
Salaries and Wages
National Insurance
Pension Contributions
83,679
196
5,388
70,769
4,228
89,263
74,99'1
The average number of employees in the period was 5 (2023.. 5).
There are no employees who received total emoluments of more than £60,000.
There are no trustee or key management personnel remuneration benefits.
5. TANGIBLE FIXED ASSETS
Fixtures,
Fittings &
Equipment
Motor
Vehicles
Computer
Equipment
Total
COST
At 1 January 2024
Additions
Disposals
31,119
4,612
966
36.697
At 31 December 2024
31,119
4,612
966
36,697
DEPRECIATION
At 1 January 2024
Charge for the Year
Disposals
11,670
7,780
2,583
529
703
39
14,955
8,348
At 31 December 2024
19,450
3,112
742
NET BOOK VALUE AT
31 DECEMBER 2024
11,669
1,500
224
NET BOOK VALUE AT
31 DECEMBER 2023
19,449
2,029
263
21,742

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2024
6. DEBTORS- AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Prepayments
Accrued Income
772
45,201
45,973
7. CREDITORS- AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Accruals and Deferred Income
Trade Creditors
Social Security & Other Taxes
Pension Creditor
6,608
49,246
17,168
5,394
797
480
548
56,402
23,839
8. DEFERRED INCOME
2024
2023
At 1 January 2024
Additions during the year
Amounts released to income
13,960
2,876
13,960
13,960
At 31 December 2024
2,876
13,960

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2024
9. ANALYSIS OF MOVEMENT IN FUNDS IN YEAR
Year
Year
Ended
Ended
Minibus 3111212024 3111212023
Unrestricted
Fund
Henry
Smith
TNL
YIF Funding
HAF
INCOME
EXPENSES
26,590
30,334
{3.744}
57,300
47.979
9.321
756,667
25,000
25,000
9.069
874,626
97,251
150,613
{53.3621
756,667
9,069
9,830
(9,830)
878,879
(4.253)
TRANSFERS
FUND AT
STAR T
?0.031
818
16.764
37,613
90,975
AVAILABLE
FOR USE AT
CLOSE
16.287
10,139
6,934
33,360
37,613
a) Henry Smith - The Henry Smith charity contributes towards the salaries and costs of the youth
viorkers at HafiNay, who provide support to disadvantaged young people in deprived areas of
Bolton.
b) Youth Investment Fund - this is a bespoke fund from the government for Greating, expanding
and improving youth services across England.
c) TNL - this fund received from The National Lottery Community Fund goes towards salaries,
overheads and rent.
d) 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.
e) Minibus - one off donation from Let Yourself Trust 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 at home and abroad.

HAFWAY
A Private Company Limited by Guarantse
A Registered Charity
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2024
10. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Final balances at 31 December 2024 are represented by:
Unrestricted
Funds
Restricted
Fund
Total
Fixed Assets
Current Assets
Current Liabilities
1,723
16,675
11,670
59,694
54291)
13.393
76,369
16,287
17,073
33,360
11. OPERATING LEASE COMMITMENTS
Total future minimum lease payments under non-cancellable operating leases are as follows.,
2024
2023
Not later than one year
Later than one year but not later than five years
Later than five years
8,000
7,333
8,000
15,333
15,333
23,333
12. CONSTITUTION
The charitable company is limited by guarantee and does not have a share capital. In the event of
the company being wound up the members are committed to a contribution of £10 each.
13. CAPITAL COMMITMENTS
2024
2023
Capital expenditure that has been authorised by the trustees but has
not yet been coiitracted for
Capital expenditure that has been contracted for but not yet provided
624,672
1,351,476

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2024
14. RELATED PARTY TRANSACTIONS
There are no related party transactions in the period.
15. TRANSACTIONS WITH DIRECTORS AND TRUSTEES
There have been no transactions with directors during the period other than the re-imbursernent of
expenses incurred on behalf of the charitable company.
None of the Directorb (who are also Trustees) received any remuneration for their services during the
period.
The trustees did not have any expenses reimbursed during the year (2023: £nil).
16. ULTIMATE CONTROLLING PARTY
As a charity the company is under the control of the Board of Management.

HAFWAY
A Private Company Limited by Guarantee
A Registered Charity
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
INCOME
Donations, Grants and Legacies
874,626
97,251
OTHER INCOME
Refund of Minibus Costs
Compensation Interest & Fee Refund
OTHER OPERATING CHARGES
Salaries, National Insurance and Pension
Activity Costs
Supplies and Equipment
Administrative Costs
Travel Expenses
89,263
16,457
8,035
8,455
2,232
74,997
15,934
14,278
3,881
1,651
Fl I
Community Centre Costs
Accountancy
Professional Fees
Mini-Bus Running Costs
Depreciation
Project Costs -YIF
13,426
2.651
963
2,040
8,349
727,008
12,592
1,669
15,554
2,143
7,914
TOTAL EXPENDITURE
878,879
150,613
DEFICIT FOR THE YEAR
(4,253)
(53,362)