Company registration number: 07414080 Charity registration number: 1139239
Nether Edge Neighbourhood Group
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
For the year ended 31 March 2025
Nether Edge Neighbourhood Group
Contents
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees' annual report | 2 - 6 |
| Independent examiner’s report | 7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the accounts | 10 - 12 |
Nether Edge Neighbourhood Group
Legal and administrative information For the year ended 31 March 2025
Trustees
Ken Lambert Chair Howard Fry Committee Secretary Resigned 24 July 2025 Richard Taylor Marion Gerson Frances Kime Appointed 24 July 2025, resigned 26 September 2025
Company Secretary Ken Lambert
Registered office
32 Thornsett Road Sheffield S7 1NB
Accountants
Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH
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Nether Edge Neighbourhood Group
Trustees’ annual report
For the year ended 31 March 2025
The trustees are pleased to present their annual directors’ report together with the financial statements of the charity for the year ended 31 March 2025 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the 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) issued in October 2019.
Structure, governance and management
Nether Edge Neighbourhood Group (NENG) was incorporated on 20 October 2010 and is governed by its Memorandum and Articles of Association. Its legal status is that of a company limited by guarantee. It has no share capital and the liability of each member in the event of winding-up is limited to £1. The company became registered as a charity on 1 December 2010.
The NENG management committee has sixteen members and has continued to meet on a six weekly basis. Although several committee members left for various reasons during and after the accounting period, they have been replaced by new members.
Objectives and activities
The objects of the Company ('the Objects') are to improve the conditions of life especially of those living or working in the areas of Brincliffe, Nether Edge and Sharrow in Sheffield, without distinction of sex or race or of political, religious or other opinions, by association with the local authorities, voluntary organisations and residents in a common effort to advance education, to improve the environment and to provide facilities in the interest of social welfare for recreation and leisure time activities.
To achieve our objectives we:
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run a local Farmers Market four times a year, with surpluses from the stall fees going to local charities;
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run an annual Neighbourhood Festival, again with any profits going to fund future festivals and any surplus going to local charities;
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publish 10 editions a year of the neighbourhood magazine “EDGE”; this is funded by subscriptions and advertising revenue;
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support “sub groups” of NENG through a Memorandum of Understanding:- ; Friends of Chelsea Park; the History Group; Friends of Brincliffe Edge Wood; David Pierce Pocket Park; Our Shared Streets
A new group initially called “Safer Roads” was provisionally established at a meeting held on 19 November 2024, and has subsequently become a formal NENG sub group “Our Shared Streets”, with the co-chairs represented on the NENG management committee.
Other groups and activities are affiliated to and supported by NENG, but unlike the “sub groups” there are no financial considerations. These are: the Nether Edge Art Group; Open Gardens; Frog Walk Pocket Park.
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Nether Edge Neighbourhood Group
Trustees’ annual report
For the year ended 31 March 2025
The AGM for 2024 was held in the Nether Edge Bowling Club on 9 July 2024. 40 members attended and in addition to presentations by sub group leads, members were asked about traffic issues; from this initial discussion, the new “Our Shared Streets” sub group was formed. A report on the AGM was given in the September edition of the EDGE magazine. The AGM for 2025 was held on 24 July 2025 with 30 members attending, with a similar format; this was held at a different venue, Shirley House, for the first time.
Nether Edge Farmers’ Market : Markets were held in June 2024, September, 2024, December 2024 and March 2025. The number of stalls is now approx 58 and around 500 people attend – though it is impossible to count as the Market is held on the (temporarily closed) public highway. The market fosters new, local, start-up businesses (many of whom have progressed to national businesses) as well as established traders and growers / makers. It has meant demand exceeds supply for the number of stalls available, but there have been experiments with stall holders “sharing” a stall between them; this has been of particular help to newer stall holders. The market provides a boost to existing local retailers and cafes and is much loved by many across the city. In the light of terrorist attacks in several countries involving the use of vehicles as weapons, the market committee had to carry out a much thorough risk assessment and provide contingency plans to Sheffield City Council, the licencing authority. These plans were accepted.
Nether Edge Festival : A Festival was held in September 2024, with live events indoors and outdoors. The opening event was held at Common Ground, with a number of bouncy castles providing entertainment for the young and not so young. After the disappointment of cancellation in 2023 due to stricter conditions imposed by Sheffield City Council, starting the planning for the 2024 Festival meant that the Party in the Park (Chelsea Park) did do ahead and was very well attended. The Council Ward Pot funding helped meet the costs. The Festival in September 2025 had 80 events, again starting with the opening event at Common Ground, opened by local MP Abtisam Mohammed, and ending with an enlarged and very well attended Party in the Park.
EDGE : our 10-monthly neighbourhood magazine (subscriptions cost £10 per annum) is distributed to 1000 households and businesses in Nether Edge, containing a diverse range of informative articles about the area as well as a regular “What’s On” feature. A local graphic designer and member of the NENG committee has volunteered his services to produce a much more professional and eye catching magazine, which has received a great deal of praise. Paper and electronic version of the magazine were produced throughout the period. The EDGE Editorial Board now has five members and although there are some guest editors, most of the work falls on their shoulders.
Sub-group activities
Friends of Chelsea Park (FoCP): There has been limited activity since the completion of work on the playground, but of note are a new bench funded by a local business to replace a broken one; cleaning of old benches through a “community payback” initiative. It is planned to carry out a survey of Park users to see what further improvements might be made, notably play equipment for older children.
Friends of Brincliffe Edge Wood: The Group has continued to meet monthly to help maintain the Wood in conjunction with the Council Ranger Service. A new bench was installed, with a plaque commemorating Ernest Shoobridge, one of the founder members of the group. There have been issues with litter that have been addressed by the group. During the Festival in both 2024 and 2025, the tree trail in the wood was a popular attraction.
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Nether Edge Neighbourhood Group
Trustees’ annual report For the year ended 31 March 2025
Local History Group : The Group has run a number local history walks and has regular monthly “drop in” meetings in the Union pub, where local people are invited to share their experiences. The bimonthly talks on local history by guest speakers, held in the Kenwood Hotel, have continued to be popular. All were well attended and the entrance fee of £5 covered the costs of room hire. The Group also sponsors three evenings of traditional Christmas Carols in the Union pub.
David Pierce Pocket Park Group : After the official opening of the Pocket Park on 9 November 2024 by local MP Abtisam Mohammed, the focus has been of tending the plants and generally maintaining the plot. After a wonderful display of spring flowers, the shrubs and tree are coming into their own, maintained by a small group of volunteers. In warmer weather, the seats in the park are well used. Plans to extent the Park into a similar space across the road have had to be discontinued, but in collaboration with our sister group NESST (Nether Edge and Sharrow Sustainable Transformation), we are looking for alternative sites for “greening” the locality. It is intended, with the agreement of the major local donor, to use the remaining Pocket Park designated funds for these new initiatives.
Affiliate-group activities
Art in Nether Edge : Meetings are held monthly in the Bowling Club.
NENG continues to fund floral and Christmas displays in the centre of Nether Edge. Volunteers continue the maintain the Frog Walk “Pocket Park” , which attracts much favourable comment. The Open Gardens event, for which all donations received are given to charity, was held very successfully in June 2023 and June 2024, with nearly £4,000 being raised each year for the various charities supported by the people who open their gardens.
Donations made
Donations have been made to local charities from market surpluses amounting to £9,300 and beneficiaries have been:
| Thalassaemia Group | £1,200 |
|---|---|
| Family Voice/Common Ground | £1,200 |
| Baby Basics | £1,300 |
| British Diabetic Association Sheffield | £1,300 |
| HARC (Homeless and Rootless and Christmas) | £700 |
| Under the Stars | £700 |
| Comac Bicycle Works | £700 |
| ASSIST Sheffield | £1,100 |
| St Lukes Hospice | £1,100 |
Future Plans
The main ambition is to ensure that core activities continue to be carried out. The new “Our Shared Streets” sub group is venturing into new activities that support the NENG objectives. It is hope to find new spaces for pocket parks or similar greening initiatives.
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Nether Edge Neighbourhood Group
Trustees’ annual report For the year ended 31 March 2025
Reserves policy
Committee has agreed to keep the minimum reserve target to £10,000 (excluding reserved funds, notably the total of donations received in respect of the Pocket Park). Costs of producing the EDGE magazine have not increased during the period, by the continuing use of our in house graphic designer.
Free reserves held at 31 March 2025 were £7,010. The Farmers’ Market is expected to cover its costs, as charitable donations are not agreed until after income has been confirmed, while the Festival Committee budgets to cover its own costs, though allowing for a small loss as agreed by the main NENG Committee. History Group’s initiatives are generally planned to be self-financing although they may need temporary support from NENG to get them started.
Restricted funds held at 31 March 2025 were £6,097 for the David Pierce Pocket Park.
Trustees’ responsibilities in relation to the financial statements
The charity trustees (who are also the directors of the charity for the purposes of company law) are responsible for preparing a Trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.
Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the group and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing the financial statements, the trustees are required to:
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Select suitable accounting policies and then apply them consistently;
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Observe the methods and principles in the Charities SORP;
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Make judgments and estimates that are reasonable and prudent;
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State whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements
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Nether Edge Neighbourhood Group
Trustees’ annual report For the year ended 31 March 2025
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to small companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the Board on 12 January 2026.
Signed on its behalf by:
Ken Lambert Trustee
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Independent Examiner’s report to the trustees of Nether Edge Neighbourhood Group (“the Company”)
I report to the charity directors on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the directors of the Company 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 have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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 an independent examination; or
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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 organisations 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 reached.
S Lightfoot
Sarah Lightfoot, FCA DChA Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH
15 January 2026
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Nether Edge Neighbourhood Group
Statement of financial activities (incorporating the income and expenditure account) For the year ending 31 March 2025
| Note Income from: Subscriptions Advertising income Market income Festival donations Festival income Festival grants History Group Books History Group Talks Pocket park donations Pocket park grants General donations General book sales Other general income Expenditure on: Direct costs Edge magazine Community space costs (eg display boards, planting) Market costs Festival costs History book costs Other history group costs Pocket park costs Friends of Brincliffe Edge costs Chelsea Park refurbishment costs Anniversary book costs Donations/grants given Support costs Insurance Printing, postage and stationery Room hire Storage costs Other costs Legal and professional fees Independent examination 6 Net income/(expenditure) Transfers between funds 4 Net movement in funds Total funds brought forward Total funds carried forward |
12 months | 12 months | 17 months | |||
|---|---|---|---|---|---|---|
| Unrestricted funds £ 7,655 1,254 11,948 250 745 - 506 974 - - - 211 40 23,583 4,550 - 1,641 2,123 850 585 - 160 - - 9,300 367 - 295 550 280 2,245 585 23,531 52 - 52 6,958 7,010 |
Restricted funds £ - - - - - 750 - - 11,182 - - - - 11,932 - - - 750 - - 12,148 - - - - - - - - - - - 12,898 (966) - (966) 7,063 6,097 |
Total 2025 £ 7,655 1,254 11,948 250 745 750 506 974 11,182 - - 211 40 35,515 4,550 - 1,641 2,873 850 585 12,148 160 - - 9,300 367 - 295 550 280 2,245 585 36,429 (914) - (914) 14,021 13,107 |
Unrestricted funds £ 9,371 1,462 17,201 269 977 - 1,084 916 - - 131 1,554 160 33,125 6,436 784 2,222 2,199 750 2,447 - - 900 2,168 13,500 337 30 425 1,100 656 3,080 570 37,604 (4,479) (100) (4,579) 11,537 6,958 |
Restricted funds £ - - - - - - - - 2,700 500 - - - 3,200 - - - - - - 1,122 - - - - - - - - 71 - - 1,193 2,007 100 2,107 4,956 7,063 |
Total 2024 £ 9,371 1,462 17,201 269 977 - 1,084 916 2,700 500 131 1,554 160 36,325 6,436 784 2,222 2,199 750 2,447 1,122 - 900 2,168 13,500 337 30 425 1,100 727 3,080 570 38,797 (2,472) - (2,472) 16,493 14,021 |
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Nether Edge Neighbourhood Group
Balance Sheet As at 31 March 2025
| Balance Sheet As at 31 March 2025 |
|||
|---|---|---|---|
| As at | As at | ||
| Notes | 31 March 2025 | 31 March 2024 | |
| £ | £ | ||
| Current assets | |||
| Debtors | 2 | 347 | 525 |
| Cash at bank and in hand | 16,156 | 18,276 | |
| Total current assets | 16,503 | 18,801 | |
| Creditors: amounts falling due within one year | 3 | (3,396) | (4,780) |
| Net current assets | 13,107 | 14,021 | |
| Total assets less current liabilities | 13,107 | 14,021 | |
| Creditors: amounts falling due after more than one year | - | - | |
| Total net assets | 13,107 | 14,021 | |
| Represented by: | |||
| Funds of the Charity | |||
| Unrestricted funds | 7,010 | 6,958 | |
| Restricted income funds | 4 | 6,097 | 7,063 |
| 5 | 13,107 | 14,021 |
For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director's acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies' regime.
Approved by the Board of Trustees on 12 January 2026.
Signed on behalf of the board by:
Ken Lambert Trustee
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Nether Edge Neighbourhood Group
Notes to the accounts For the year ending 31 March 2025
1 Accounting Policies
(a) General
Nether Edge Neighbourhood Group is a charitable company in the United Kingdom limited by guarantee and has no share capital. In the event that the charity is wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information on page 1 of these financial statements.
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (second edition), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) and with the Charities Act 2011. The financial statements have taken advantage of the exemption to prepare a Statement of Cash Flows.
Nether Edge Neighbourhood Group meets the definition of a public benefit entity under FRS 102. The financial statements are prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to the accounts. The financial statements are presented in sterling which is the functional currency of the charity and are rounded to the nearest £.
(b) Revenue recognition
Income is recognised when the organisation has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income received in advance of an event is deferred until that event takes place.
(c) Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
(d) Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
(e) Trade debtors
Trade debtors are amounts due from customers for services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
(f) Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
(g) Funds
Unrestricted funds are donations and other income receivable or generated for the objects of the organisation without further specified purpose and are available as general funds.
Restricted funds are to be used for specific purposes as laid down by the funder.
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Nether Edge Neighbourhood Group
Notes to the accounts - continued For the year ending 31 March 2025
1 Accounting Policies - continued
(h) Taxation
As a charity, the organisation is exempt from tax on income and gains falling within the available tax exemptions to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.
(i) Going concern
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
2 Debtors
| Trade debtors Prepayments Creditors: amounts falling due within one year Trade Creditors Accruals Grants payable |
2025 £ 285 62 347 2025 £ 455 741 2,200 3,396 |
2024 £ 466 59 525 2024 £ 1,810 570 2,400 4,780 |
|---|---|---|
3 Creditors: amounts falling due within one year
4 Restricted funds
| Pocket Parks Festival grants Prior year comparison Pocket Parks |
Brought forward £ 7,063 - 7,063 Brought forward £ 4,956 4,956 |
Income £ 11,182 750 11,932 Income £ 3,200 3,200 |
Expenditure £ (12,148) (750) (12,898) Expenditure £ (1,193) (1,193) |
Transfers £ - - - Transfers £ 100 100 |
Carried forward £ 6,097 - 6,097 Carried forward £ 7,063 7,063 |
|---|---|---|---|---|---|
The transfer reflects the £100 donated from the March market surplus.
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Nether Edge Neighbourhood Group
Notes to the accounts - continued For the year ending 31 March 2025
5 Analysis of net assets between funds
| Unrestricted Restricted Funds Funds £ £ Current assets 10,406 6,097 Creditors: amounts falling due within one year (3,396) - 7,010 6,097 Independent examiner's fees Independent examination fee Other fees paid to the independent examiner's organisation: Taxation services Other services |
Total 2025 £ 16,503 (3,396) 13,107 |
Unrestricted Funds £ 11,738 (4,780) 6,958 |
Restricted Funds £ 7,063 - 7,063 2025 £ 585 156 396 552 |
Total 2024 £ 18,801 (4,780) 14,021 2024 £ 570 - 270 270 |
|---|---|---|---|---|
6 Independent examiner's fees
7 Trustees remuneration, benefits and expenses
The charity trustees were not paid or received any other benefits from employment with the charity in the year (2024: £nil) neither were they reimbursed expenses during the year (2024: £nil). No charity trustee received payment for professional or other services supplied to the charity (2024: £nil).
8 Related Party Transactions
There were no related party transactions during the year.
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