Registered number: 07247238 Charity number: 1142978 ASPATRIA DREAMSCHEME LIMITED (A company limited by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
ASPATRIA DREAMSCHEME UMrrED company limil•d by guarant) CONTENTS Page Reference and administrative detsils of the Charity, its Trustees and advisers Trustees. report Independent examinerfs report Statgmgnt of financial activities Balance sheet Notes to the financial statements 7-21
ASPATRIA DREAMSCHEME LIMITED (A mPaThy limit by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2025 Trustees Ms K Ra¥insOn {Resigned 16 June 2026) Mrs P Modey Mrs A Ger Mrs N M Myers Mrs B Wilson Mrs T McRea Company registered number 07247238 Charity registered number 1142978 Reglstered office Aspalria Youth Club Market Square Aspalria Wiglon Cumbria CA7 3EZ Company secretary Mrs T Knight Accountants Armstrong Watson LLP Cadelon House 136 Gray Street Workinglon Cumbria CA12 SLU Page 1
ASPATRIA DREAMSCHEME LIMrrED (A company limlted by guarantee) TRUSTEEY REPORT FOR THE YEAR ENDED 31 AUGusf 2025 The trustèes have adopted the proMsK)ns of the Statement of Re¢orp.merKled Practi ISORPI'A¢¢ounting and Reporting by Charities. issued in March 2005 Én pttparsng the annual Report and financial statckments Df the charity. Th.e org8nisation Asp-tria DaSCher.e stsrted in.'uiy 2003 & regisleied as a ch,arTty on 15, August 2007. The chaty was constituted on 10th May 2010 a5 a bomwany limited by guarantee is Ihepfore govetned by a .emiYandum and arbdas of asso(xton. The company registefed as a d)arity on 20th July 2011. The charitys objects and its pr.ncipal acbvttks continue to De." 1. The tsrtsvision of re¢ational and leisure tsme acbvibes provhled in the interest of Social welfare. desiqned to impmve the conditions of life. 2. Prowding 5UPPOrt ar,d activities which develop skills, capacitiès and capabtlthes to enable participation in socEety as m8tur8 and responsible In0du8Is. 3. The Provision of opportunities to explore cullural and Social experiefi WI 815 sections of trie comrnunlty es pèrt ol personal development. 4. To provide and assist in the provision of eommunty facilib"8s in A8patrEa and its District. in the intèr2st af social INelrare. for the educaÈiop. and leisu ts.me actTwties oi :.noiv duals wb.o have a neeo For such facilities by reason of thèir yotjth. age, infimty. disability or financial riardship, the objective of improwng their quslity of lif The officers to the Board of Trustèes indude: Mrs P IAorley Ichairl Mrs 8 Wilson (Secretary) Througk, the last financial year a priority Df -Patria Dreamscheme continued to bè the orowsion of a facility lor the youth of Aspatr.a and DtStryCt 4vhich gives yDung people th.e opp)rtunity lo develop into Joung 2dulls cap2ble of 4acing life i challanges. Ytsuth Vlork is led by n8 Aunter who is supported by op.e other employee and assisted by a number of enth(Jsiastic voluniè8rs. Dr8a[nscrrne maintains successful policy of giwng appropriate youlb. dub members and memt>ers OT tb.e corr.mup.rty the opportunty to develop into volunteers. Engagetnent work in both R:.'chmond Hill (Juniorl and Beacon Hill Cowi5munty Iseniorl Schools has be&n particulady successful. Aspatria Dr6amscheme is now actively seeking to wden tts activtbes irrto the area community development following the successful rond Panty tnib"ative start.ed ir. spring of 2020. This venture 85 ip.".ormed the need to provide a wider range OT SerS ko th.e adult populztion. As 25uch Aspatria Dreamsch.emè purchased, in May 20?2. ChapeSs Rest ja 3 tbree atorey premise in patro with trision to lum this into a comrr.unity krtchen and Arts and crafts entre ror bGtr aduiÈs ap.¢J childpp. TrLe pknrchase Wds 0Mpleted &the assistance of a mongage from the nharitii Banrt. Tp.e pu.'-hase has Jsed all of A5tr.8 DroaiThscheme savings. At the Organisation level, the Board has developed and strep.gthened ts membership. It is dear that the overall caL)8Clty of the Board lo deliver projectsTr arKI inltiatives pn line svrth its own slated alrns and obje¢iives 15 ?OW ¢onsiderably enhanced. A priority '.or 202>26 ¥Y,11 be to builo back the apprDpriate level of seie8 whilst opening Ihe p.ew Cknapel Building. A rewsed IEserves p11 is currenty being drafted.. In +he interim a surn of L35.000 nas been iaenuFied as iiie m.inimi.'ffl iigurg to bè rr..aintair..ed in Ihe chaS reserve5. The Board of Trust$ are grateful to all tthe people and orgap.j¢ations %ho ,ave supported us over the course of 4e year. Approved by order of the members of tbe board OT Trustees and signed on Iheir benalf >y'. Ms P Morley PL)Al jlLLTI Oate". Page 2
SPATRIA DREAMSCHEME UMffED (A company limited by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2025 Independent Examiner's Report to the Trustees of Aspatria Dreamscheme Limited (Ihe Charity'} I report to the tharity Tnlstees on my examination of the accounts of the Charity for the year ended 31 August 2025. Responsibilities and Basis of Report As the Trustees of the Charity {and ils direclors for the purposes of company law) you are responsible for the preparation ol the accounts in accordance vthh the requirements of the Companies Act 2006 {'the 2006 Act'l. Having satisfied myself that the accounts of the Charity 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 the Charity's accounts carried out under section 145 of the Charities Act 2011 I'lhe 2011 Act'l. In carrwng out my examination I have followed the Directions given by the Charity Commiss#)n under section 145151(b} of the 2011 Act. Independent Examiner's Statement I have completed my examination. I conf1rn7 that no matters have come to my attention in connection wth the examination giving me cause to believe". accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act.. or the accounts do not accord wth those records.. or the accounts do not comply wth the accounting requirements of stIOn 396 of the 2006 Act other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part irf an independent examination.. or the accounts have not been prepared in accordance wilh the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable lo charities preparing their auounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have rne across no other matters in connection wth the examination lo which attention should be drawn in this report in order to enable a proper understsnding of the accounts lo be reached. Signed: Dated.. o l. bl.11 Steven Kirkbride BFP FCA Carlelon House. Workington Page 3
PATRIA DREAMSCHEME LIMrrED (A company limited by guarantee) STATEMENT OF FINANCIAL ACTIVThIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT} FOR THE YEAR ENDED 31 AUGUST 2025 Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Total fvnds 2024 Note Income from: Donations 2nd legacFes Investments 108,997 126.928 533 235.925 3,533 207,117 1,573 Total income 111,997 127.461 239.458 208.690 Expenditure on: Charitable actsvilies 87.364 103,423 190,787 172,929 Total expenditure 87,364 103,423 190,787 172,929 Net income Transfers between funds 24.633 26,972 24,038 {26.9721 48,671 35,761 11 Net movement in funds 51.605 {2.934) 48,671 35,761 Reconciliation of funds: Total funds brought forward Nel movement in funds 160.924 S1.605 166,709 (2,934) 327.633 48.671 291,872 35,761 Total funds carried forward 212,529 163.775 376,304 327,633 The Slalement of Financial Activities indudes all gains and losses recognised in the year. The notes on pages 7 to 21 form part of these financial statements. Page 4
ASPATRIA DREAMSCHEME LIMITED {A company limitèd by guarantee) REGISTERED NUMBER: 07247238 BALANCE SHEET AS AT 31 AUGUST 2025 2025 2024 Noto Fixed assets Tangible assels 346,899 364,430 346,899 364,430 Current assets Debtors Cash al bank and in hand 113 114,438 110,350 114.551 110,350 Current liabilities Creditors." amounts falling due wlhin one year 15,5041 (66,469) Net current assets 109,047 43.887 Total assets less current liabilities 455,946 408,311 Creditors.. amounts falling due after more than one year 10 (79,6421 (80,678) Net assets excluding pension asset 376,31)4 327,633 Total net assets 376.304 327.633 Charity funds Restricted funds Unrestricted funds 163,775 212,529 166,709 160,924 Total funds 376,304 327,633 Page 5
ASPATRIA DREAMSCHEAIE LIMITED IA company limite(I by 9uarnnte¢) REGISTERED NUMBER: 07247238 BALANCE SHE ICOIrnNUED} AS AT 31 AUGUST 2025 The Charity was ents"Iled to eXampuc from audit undar seclion 477 of Ihe Companiès Act 2006. The mernbers hav8 nol required trie u)mpany to cbtsin an audit for the year in question in accordance section 476 OF Companies Act 2006_ The Trustees a¢knOedge *JeiF respor.,5ibililies for cornsg vthh the reqknirements of the Act witl respect lo accounting r8cords and prepar3b.on or fin8n1 ststements. Tle fiD.3ncial statèrnenls have been prepar8d in accor¢ance the provisions applicable to entites subject lo the srp.all companies regimè. The financial statements were approved and authorised Tor issue by the Trustees and Signed on their behalf by. Mrs P Morloy Mrs B Wilson Dale". The notes on pages 7 to 21 form part oi these lir.anci31 statements. Qage S
ASPATRtA DREAMSCHEME LIMITED (A G(ImY limlted by guarantoe) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 General Information Aspatria Dreamscheme Limited is a private company limited by guarantee incorporated in England and Wales. The registered offe is Aspatria Youth Club. Market Square, Aspatria. Wigton. Cumbria, CA7 3EZ. Accounting policies 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordance wth the Charities SORP IFRS 1021- Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordan Nwth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 leffective 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and the Companies Act 2006. Aspalria Dreamscheme Limiled meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised al historical cost or transaction value unless otherwise slated in the relevant accounting policy. 2.2 Income Atl income is recognised once the Charity has enlÉtlement lo the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for spectric purposes bul not expended during the period is shown in the relevant funds on the Balance sheet. Where income is recewed in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where enlidemenl occurs before income is received, the income is accrued. Income tax recoverable in relation lo investment income is recognised al the time the investment income is rece¢vable. 2.3 Expenditure Expendrture is recognised orlce there is a legal or constructive obligation lo transfer economic benefit lo a third party, il is probable that a transfer of economic benefits will be required In selllement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each actNity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each aclivty. Direct costs allributable lo a single activity are allocated directly to that acltwty. Shared costs which contribute to more than one activity and support costs which are not attributable lo a single activity are appo.one(l beeen those activities on a basis consislenl with the use of resources. Central staff costs are allocat on the basis of lime spent, 2nd depreciation charges allocated on the portion of the asset's use. Expenditure on charitable acltvilies is incurred on directly undertaking the activities which further the Charitls objectives. as well as any associated support costs. l expenditure is inclusive of irrecoverable VAT. Page 7
ASPATRIA DREAMSCHEME LIMrrED (A company Ilmil by guararrtee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accounting policles {continued} 2.4 Interest receivable Interest on funds held on deslI is induded when receNable and the amount can be measured reliably by the Charity.. this is normally upon notifscalion of the interest paid or payable by the institution vthh whom the funds are deposrted. 2.5 Tangible fixed assets and depreciation Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probatAe and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition. under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulale(l impairment losses. Al costs incUed to bring a tangible fixed asset into ils intended working condition should be included in Ihe measurement of cost. Depreciation is charged so as to alIce the cost of tangible fixed assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the followng basis.. Fixtures and fittings 25% reducing balance basis 2.6 Debtors Trade and other debtors are recognised al the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.7 Cash at bank and in hand Cash al bank ar in hand inc5udes cash and short4erni highly liquid investments with a short maturity ol Ihree months or less from the dale of acquisition or opening of the deposit or similar account. 2.8 Liabilitles and provisions Liabilities are recognised vthen there is an obligation at the Balance sheet date as a result of a past event, il is probable that a transfer of economic benefrt will be required in settlement, and the amount of the settlement can be eslimaled reliably. Liabilities are recognised al the amount that the Charity anticipates it will pay to setue the debt or the amount il has received as a¢Yvanced payTnenls for the gwds or services it must provide. Provisions are measured * the best estimate of the amounts required to settle the obligation. Where the effect of the lime value of money is fflaterial, the provision is based on the present value of those amounts, discounted at the pre-tsx discount rale that refiecls the risks specific lo the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost. Page 8
ASPATRIA DREAMSCHEME LIMITED (A ¢ompany Ilmfted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accounting policies (continued) 2.9 Flnancial instruments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial inslrumenls. Basic financial instruments are initially recogni5ed at transaction value and subsequently measured at Iheir setuement value wth the eXPIlo of bank loans which are subsequenuy measured at amortised cost using the effectNe interest melh(MJ. 2.10 Pensions The Charity operates a define(I contribution pension scheme and the pension charge represents the amounts paydble by the Charty to the fund in respect of the year. 2.11 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objeclives of the Charity aThJ which have not been designated for other purposes. Designated funds cornprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each deSnated fund is set out in the rTroles to the financial stalemenls. Restricted funds are funds which are lo be used in accordance wth spectfic reslriclions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against Ihe spectFic fund. The aim ar*d use of each restricted fund is sel out in the notes to the financial statemenls. Investment income, gains and losses are allocated to the appropriate fund. Page 9
ASPATRIA DREAMSCHEME LIMrrED (A ¢ompany limlted ty guarante•) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Income from donations and legacies Unrestrided Restrlcted funds funds 2025 2025 Total funds 2025 Donations Grants Similar incoming resources 43,960 56,949 8,088 569 65.197 61.162 44,529 122,146 69.250 108.997 126,928 235,925 Unrestricted fvnds 2024 Restricted funds 2024 Total fvnds 2024 Donations Grants Similar incoming resources 29,983 14.282 25,614 197.886 (60.648) 55,597 212.168 {60,648) 44,265 162.852 207,117 Investment InMe Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Bank Interest 533 3,533 Unrestricted fvnds 2024 Total fijnds 2024 Bank Interest 1,573 1,573 Page 10
ASPATRIA DREAMSCHEME LIMITED (A company limited by guarant98) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Analysis of expendlture by activities Total expenses 2025 Total funds 2025 Unrestricted Restricted 87.364 103,423 87.364 103.423 1.787 190,787 Total expenses 2024 Tot81 funds 2024 Unrestricted 55.065 117.864 55,065 tf7.864 Restricted 772,929 172,929 Page 11
ASPATRIA DREAMSCHEME LIMITED IA company Ilmit¢d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Analysis of expenditure by activities (continued) Analysls of direct costs Total funds 2025 Total funds 2024 Staff costs Depreciation Aclivilies, trips and equipment Direct costs Rent and rates 68,491 17,530 8.840 50.804 5.249 46,248 2,228 39,191 32,837 5,187 k li Water rates Light, heat and power Insurance 4,482 8.301 4.167 3,756 1,392 1.611 3,933 4.761 7,470 860 10,567 6,943 8,345 1,057 486 Repairs and renewals Telephone and inlernel charges Advertising, printing and stationery General expenses Accountancy fees Financing costs 6,677 3,609 8.694 190.787 172,929 Staff costs 2025 2024 Wages and salaries Contribution to defined contribution pension schemes 66,835 1.656 45.489 759 68.491 46.248 The average number of persons employed by the Charity during the year was as follows.. 2025 2024 No. Employees Page 12
ASPATRIA DREAMSCHEME LIMrrEO (A company limit•d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Staff costs {continuedl No employee received remuneration amounting to more than £60,000 in either year. Tangible fixed assets Freehold Fixtures and property fittings Total Cost or valuation At 1 September 2024 357.927 37.793 395,720 At 31 August 2025 357,927 37.793 395,720 Depreciation At 1 September 2024 Charge for the year 32,946 32.946 15.875 15.875 At 31 August 2025 15,875 32,946 48.821 Net book value At 31 August 2025 342.052 4,847 346,899 At 31 August 2024 357,927 4.847 362,774 Debtors 2025 2024 Due within one year Other debtors 113 113 Page 13
ASPATRIA DREAMSCHEME LIMrrED (A company limitod by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Creditors.. Amounts falling due within one year 2025 2024 Bank108ns Other laxalion and social security Accruals and deferred income 1,079 1.893 2.$32 1. 122 1,984 63,363 5,504 66,469 10. Creditors: Amounts falling due after more than one year 2025 2024 Bank loans 79.642 80,678 Page 14
ASPATRIA DREAMSCHEME MED (A ¢ompany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 11. Statement of funds Statgment of funds- current year 8alance at 1 September 2024 Balance at 31 August 2025 Transfers inlout Income Expendlture Unrestricted funds Designated funds Living Lrfe Together- Chapel Purchase Better Tomorrows Sinking fund 85.518 7.833 85,518 15,089 (22.922) 36,000 36.000 93,351 15.089 (22.922) 36,000 121,518 General funds unrestrted funds 67,573 9&908 (64.442) 19,0281 91.011 Total Unrestricted funds 160.924 111.997 (87,364) 26,972 212.529 Restricted funds AMF 9,866 538 9.866 Friday Night Proiecl- Youth Aclivites and Equimenl ADS Youth 1538) (8.840) {36.5581 (1,2461 {831 9,339 41 35,530 1.406 1.028 {4011 {8841 {332} 1.617 Butteffly Club Community Hobby Share Warm Hub ASD Community GDF- LH Salary Friday Night Project- Salary Restart Project CYA Shelter Staff 241 332 4679 (1.1491 (9,0391 {10.6171 (2,5851 {13,4171 {3,476} 5,147 9.039 5.000 2,585 13.417 10.000 4,383 14400 10.924 Fareshare Pantry National Lottery- Avrdrd 4 All The Chapel Improvements to the chapel 17.518 10.S23 87.628 117.518) 110.523) 87.628 45.287 61.162 {15.875) Page 15
ASPATRIA DREAMSCHEME LIMED (A Gompany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 202S 11. Statement of funds (ntinUed} Statement of funds- current year Icontinuedl Balance at 1 September 2024 Balance at 31 August 2025 Transfers inlout Income Expendituro 166,709 127.461 {103.423) {26.972} 163,775 Total of funds 327.633 239.458 (190,787) 376,304 Page 16
ASPATRIA DREAMSCHEME LIMITED (A company Ilmlled by guarante8) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 11. Statement of funds (continued) Statement of funds- prtor year Balance al I Septemb&r 2023 Balance al 31 Augusl 2024 Transfers in/oul Income Expenditure Unrestricted funds Designated funds Living Life Together- Chapel Purchase Better Tomorrows 85.263 4.992 255 85,518 7.833 15.090 (12.940) 691 90.255 15.090 (12.940) 946 93,351 General funds Unrestricted funds 79.451 30,748 (42. 125) (501) 67.573 Total Unrestricted funds 169.706 45.838 (55,065) 445 160,924 Restricted funds AMF Friday Night Project - Youth Activite5 and Equiment ADS Youth BUtteY Club Community Hobby Share Warm Hub 1.856 1.806 2.971 2.331 89.715 1,076 7,515 5,582 (1,655) (1.687) (2.432) (13,556) (2.087) (6.295) (2, 176) (18,677) (188) (9.382) (502) {12, 131) (35,466) (1.000) (708) {4,984J (538J 40 24t 683 4.999 12.6(Xl 5.538 2,585 87.628 17,518 9,339 9.039 9,866 10,523 332 13.417 1,210 22.442 295 ASD Community GDF- LH Salary Friday Night Project- Salary Restart Project CYA Shelter ADS Youth - HAF Charty Shop - Fencing Rainbow PanlrylRoom Aspalria Junior FC Men in Sheds (Making Men) 26.744 10.054 19.905 834 23,220 34.170 (4,610) 2.328 892 404 2,664 538 2.320 Page 17
ASPATRIA DREAMSCHEME LIMITED {A company limitod by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 11. Staternent of funds {continued) Statemgnt of funds - prior year (continued) Balance al 1 September 2023 Balance 81 31 August 2024 Transfers inloul Income Expenditure Alerdale Council One Off (4,400) (600) 122,166 162.852 (117.864) (445) 166,709 Page 18
ASPATRIA DREAMSCHEME LIMITED IA ¢ompany Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 11. SL*ement of funds {continuedl Pu g of Funds The specific purposes for whith the furKls are to be applied are as follows.. Bulleffly Club - Funding for a small group of )Men who are committed to helping themselves and each other lo develop healthier happier lives. This has now been Mbined with the ADS Community Fund. Community Hobby Share - To ¢Yevelop and promote participation in hobbies in the IcKal community. This has now been combined wlh the ADS Communty Fund. Friday Night Project - Funding for overheads, actNities and sessional workers. This has now been cofflbined with the ADS Community Fund and the Staffing fund. Holiday Activity Fund This project is funded by the Department for Education lo provide additional support lo eligible families to access holiday activities. School holidays can be a particulady dTtficult and challenging time for some families who may have limited access lo activities, food or learning opportunities. This is now the ADS Youth Fund. Men in Sheds (Making Men) - 'Making Men. is a project that permits older men lo pursue practical inleresls, practice skills and enjoy making things wtth vnxmj and repairing IhirvJs. The aim is to provide opportunities for older men to make social con[Ctions. friendship building. shariro skills, experience. and kno%edge, and course a lol of laughter. This has now been combined wlh the ADS Community Fund. Rainbow Pantry- this is our community P8ntry. which is open every Friday 51 weeks of the year, where provide food for members of our communty for a donation. This is now been treated as unrestricted due lo the income received. Restart Project - The aim of this project to proactively support children are beginning lo disengage from their education and so go on lo achieve low academic attainment. This has now been combined with the Staffing fund. The Chapel - Funding towards the running and maintenanee of The Chapel which wll be opening shoruy and will become our community Kitchen and Arts and Craft Centre Fareshare - funding for Ihe panty from Cumbefland building Society wa Fareshare. This is now been treated as unreslricled due to the irrne received. Activities and equipment- funding for activities and equipment $$ all projects. GDF- LH Salary- Funding to cover LH Salary. This has now been combined th the Staffing fvnd. AMF Separate Fund - funding given to us in holding when ATown Festivals closed down. We have not decided where to allocate it yel. Page 19
ASPATRIA DREAMSCHEME UMrrED (A company limi¢od by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 11. Statement of funds l¢ontinued} National Lottery - Awards For All Panty- this is funding to support the delNery of the R8intM)w Pantry. This is now been treated as unrestricted due to the income received. CYA Shelter underneath the youth club for them lo use. This has now been combined wtth the StafFing fund. A project where we are vthing wth young people to develop an outdoor area Charity Shop - Feng. underneath the youth dub lo prepare a space lo develop for the young people. This is now been treated as unrestricted due lo the income received. 12. Summary of funds Summary of funds - current year Balance at 1 September 2024 Balance at 31 August 2025 Transfers inlout Incorne Expenditure Designated funds General funds Restricted funds 93.351 67.573 166.709 15.089 96,908 127,461 {22.922) {64.442) (103.423) 36.000 (9,0281 {26,9721 121.518 91.011 163,775 327.633 239.4S8 {190,787) 376,304 Summary of funds- prioryear Balan al I SepfemLEr 2023 Balance al 31 Augusl 2024 Transfers in/oul Inoyne Expenditu Designated funds General funds Restricted funds 90.255 79.451 122. 166 15.090 30.748 162,852 (12.940) (42. 125) (117.864) 946 93.351 67,573 166, 709 (501) (445) 291.872 208,690 (172.929) 327,633 Page 20
ASPATRIA DREAMSCHEME LIMITED (A company Ilmited by guafanteo) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 13. Analysis of net assets between funds Analysis of net assets between funds - current year Unrestrirted Restricted funds funds 2025 2025 Total funds 2025 Tangible fixed assets Current assets Creditor5 due thin one year Creditors due in more than one year 213,985 83.690 (5,5041 (79,6421 132,914 30.861 346,899 114,551 (5,504) {79,642) Total 212.529 163,775 376,304 Page 21