ROTHER VALLEY TOGETHER (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE PEIUOD ENDED 31 MARCH 2025 COMPANY REGISTRATION NUMBER: 07818979 CHARITY REGISTRATION NUMBER: 1147272 ROTHER VALLEY TOGETHER INDEX TO THE REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 Page Report of the Trustees Independent Examiner's Report io Statement of Financial Activities Balance Sheet 12-17 Notes to the Financial Statements ROTHER VALLEY TOGETHER REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 MARCH 2025 The Trustees presents their annual report and financial statements for the period ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in Note I to the accounts and comply wAth the Company's Memorandum and Arlicles of Association, the spe¢ial provisions of Part15 of the Companies Acl 2006 Telating to small companies, the Charities {A¢¢ounts and Reports) Regulations 2008, the Charities Act 2011 and Accounting and Reporting by Chariti¢s: Stat¢ment 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 on 16 July 2014 (FRS 102). REFERENCE AND ADMINISTRATIVE INFORMATION Charity name: Rother Valley Together Charity registration number: 1147272 Company registration number: 07818979 Registered Office and operational address: The Grange Cenlre, Bepton Road, Midhurst, West Sussex, GU29 9HD Direetors and Trustees: Mrs M Guest Rev C Boxley Mr R Maguire Independent Examiner: Mr A Mardle FCA STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Docupnenk Rother Valley Together was incorporated on 21 October 2011 as a company lirnited by guarantee and without a share capital. The Company was established under a Memorandum of Association, which established its objects and powers, and is goverThed by its Articles of Association. The Company was registered as a charity on 16 May 2012. In the event of the Company being wound up each member may be required to contribute an amount nol exceeding £1 for the payment of the debts and liabilities of the Company contracted befoTe he or she ceased to be a member. ROTHER VALLEY TOGETHER REPORT OF THE TRUSTEES FOR THE PEIUOD ENDED 31 MARCH 2025 (CONTINUED) Trustees and Organisalionalstructure The Directors of the Company are also charity trustees for the purposes of charity law. The names of ssible new Trustees, when needed, are brought forward by exisling Trustees, who provide good reason and evidence for their suitability. Candidates may then be invited to attend a meeting as a guest before fornial ¢le¢tion. All Trustees give of iheir time freely and no remuneration or expenses were paid to them during the year. No Trustee. or person connected with a Trustee, received any benefit from the Company. Risk Management The Trustees have identified and conducted a review of the major risks lo which the Company is exposed, and systerns and procedures have been established to manage and mitigale those risks. It is recognised that these systems and procedures can only provide reasonable but not absolute assurance that major Tisks are being adequately managed. The Trustees consider that any continuing rise in the Cost-of-Living, which would impact on the rising cost of lunches, transport, and hire of premises. and the on-going impact of Covid on adequate staffing of the services, constitute the major risks. OBJECTIVES AND ACTIVITIES The Trustees are mindful of, and have given careful consideration to, the Charity Commission's general guidance on public benefit. The aims and objectives of the Comppmy are: to work within the Rother Valley and surrounding area to work with partners to create integrated and community led and designed services to engage and consult with, and represent, the community (both individuals and groups) to ensure relevant and creative solutions to identified needs to support and empower individuals to participate in their local community to mutual benefit and to access services REVIEW OF ACHIEVEMENTS AND PERFORMANCE FOR THE YEAR The Company began providing community clubs for older people in the Rother Valleylmidhurst area in November 201 l. These clubs are based at the Grange Community and Leisure Centre, Midhurst. The lunch and aclivities clubs have continued to meet the Charity's objects and the needs of club members throughout 2024125. ROTHER VALLEY TOGETHER REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 MARCH 2025 (CONTINUED) Club Activities.. During 2024125 the clubs have been fully opeiational except for two weeks in December over Christmas when they were closed for an extended holiday period wtth the agreement of members and stsff. Trustees agreed that this period of closure was likely to be appropriate going forward but would be reviewed annually. For the rest of the year the clubs offered their usual wide range of activities. with refreshments, and a two-course cooked lunch on a weekly basis. In April 2024 Trnstees reluctantly took the decision to reduce the opening days to 2 days from 3 days per week. This was due to only a small number of members opting to attend on Fridays and the increasing costs of the hiring of premises and catering-both essential components to the effective delivery of the services and the wellbeing of members. A full programme of activities, as proposed by members and staff, however, conlinued. These included.. chair yoga, gentle slrolls round the neighbouring South Pond Walk, a reading and discussion group, arts, and crafts, talks and demonstrations by outside speakers, musical bingo, dominos, quizzes, memory games, singing for fun, and a variety of card and board games. Occasional outings to local private gardens, under the National Open Garden5 Scherne, local Schools, Concerts and Plays and to various outdoor exhibitions were also on offer during the summer months. Speciftl Evenls." The clubs held their customary Harvest and Christmas celebratory lunches with family, friends, and community partners. There were visits. by the local Fire Service to demonstrate Fire Safety in the Home. an Easter Wreath-making workshop and special lunch. a visit by Canine Partners. with a'companion dog" to talk about their work with adults with disabilities; there was a lively Summer Vintage Cabaret Show, sponsored by the local Lions as part of the town's musical, arts and drama festival (MADhurst)' a talk, and photo show by a local author on her book "Coat on Coat off. Wet Feet, Walking the South Downs Way" a Christmas Party with entertaIn￿ent by the local Primary School children with Headteacher on keyboard with Chrislrnas songs and time to chat with club members. bringing the generations together. The Club also participated in the local Parish Church "Christmas Tree Festival" with a tree designed by a stsff member's husband and decorated by volunteers and members. Members were invited and attended th¢ local Academy School's pantomime dress rehearsal. in the Spring a member of the local Council's Health and Wellbeing Team gave a ¢autionary and lively talk on "scam awareness'_ much appreciated by members. Transport: The club's minibus. which is a key part of our service, being based in a Tural area with few transport links, continues to be available to members to acce5S the club when required. Our minibus offers l O seats plus space for one wheelchair. M¢mbers regularly use our transport either owing to their limited mobility or to the lack of public or alternative community transport. Following the Covid epidemic there has been an increasing number of new members joining later in life. with an average age of 84 years, and with more debilitating health conditions and mobility challenges. This has put additional pressure on our transport capacity. To meet this challenge. we continue to work closely with other local community transport providers to improve together our individual services and better serve our growing older and frequently isolated population. As a result of this partnership working. volunteer dTivers from the local Yellow Community Bus and Tandem Medical and Social Transport now also volunteer with RVT to bring our members to OUT clubs in our minibus. We continue to work with these partners to further improve and integrate our local community transport aLTangements for the benefit of our community. Our minibus is also available to assist our members to participate, whenever possible, in community events e.g. the MADhurst summer events. Our Volunteers can also assist with transport to the clubs using their own ears when required, and some members are brought to the club by their partners or carers in private vehicles. ROTHER VALLEY TOGETHER REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 MARCH 202S (CONTINUED) InvolvemenÉ in locol community." We invite other community clubs. members and volunteers to our Special Events whenever accommodation allows. We also encourage and assist our members to participate in local community events as appropriate. (see above}- A team of staff and volunteers from the clubs participated in a Rotary Community Quiz Night which raised funds for a variety of local charities. We have provided speakers and presentations to the local Rotary and Inner Circle groups, Parish Councils and local Charitsble organisations, to promote our service and to raise much needed funds. RVT is a key member of the locaI Community Transport Group which aims to offer a more integrated and responsive community transport service. We also work closely with the Midhurst Community Hub- an infonnation and advice service, the local Medical Centre through the Social Prescriber. and the Library Services. We share some of our accommodation with MtND'S Dementia Hub one day per week and offer lunch to their members. We have supportive links both with the local social housing provider and with the private sector's groups of retirement flats, enabling their more vulnerable and isolated residents to attend the clubs. There are strong links with Town and Parish Councils who support our clubs through promotional posls on their social media and websites and with small grants. The local schools, both at primary and secondary level, state and private, are involved in our club5, offering entertainment. invites to their plays and concerts and young volunteers to assist at some of our events. In addition to the financial support from some of our locaI parish councils, we have received generous community SUPPOrt from local Charitie5 such as The Friends of Riverbank Campus (fonnerly Friends of the MidhuTSt Community Hospital) who provided a generous grant of £15L recognizing the contribution our clubs make to the health and wellbeing of local older people. The Sussex Community Foundation Trust provided a grant of £5k acknowledging the support we give to older vulnerable people living with loneliness and in social isolation in our rural community. All these donations assisled wkth RVT'S day-to-day operational cosls. Many more local community voluntary groups and businesses have supported our clubs in a variety of ways with their time and sharing of resources, expertise, skills, donalions and sponsorships. 'fogether they have ensured our sustainability. {Yellow Bus, Tandem, local faith groups, local Rotary and Inner Wheel, MADhurst, Lions, local businesses. MtND, and Sage House, Dementia Support). Local individuals and rnembers. families have been generous too in making financial donations in recognition of the value to them of our services. We are very appreciative of all their support and that of our local community generally and of their acknowledgement of the value of the services and support we provide our community. Staff and VolARÉeers We have 3 part-time staff: a manager, a senior support worker, who deputises for the manager in their absence, and an activities coordinator. They work extremely h￿d and are totally cornmitted to maintaining a friendly. caring, lively and inclusive service and support for our members. This is despite the additional pressures placed on thern due to the deteriorating health and subsequent increased needs of our members, since covid. Their enthusiasm and evident enjoyment of their roles. and their commitment to support members to get the most from the club, whatever the external circumstances, has been rewarded with the trust and respect of the members towards them. Trustees recognise and value how much the service benefits from our slable, committed, and skilled staff group, who often give their time for free to ensure that members can take full advantage of the club's and the community services and events. ROTHER VALLEY TOGETHER REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 MARCH 2025 (CONTINUED} W¢ also have a committed and experienced group of volunteers (15 including 3 trustees) who have a variety of roles, such as bus buddies, bu5 administrator, activity assistants, and with general support within the clubs, to enable every member to get th¢ most from their day with us. Their continued loyalty and support are also highly valued. Unfortunately, some volunteers have stepped down over the year due to failing health 01 increasing family care responsibilities. We, like most voluntary OTganisations, continue to be challenged by the need to constantly recruit new volunteers to keep the service safe and effective. We place regular features in the local press, parish magazines and other local media outlets including social media but with limited success. Local contacts and "word of mouth" continue to be more successful. Mémbership Numbers have still not fully recovered since covid. There were 44 members at the beginning of April 2022, 39 members in April 2023, 40 in March 2024, and 34 in March 2025. (There were 52 members in Mar¢h 2020. 54 in 2019). From April 2024 to March 2025, we gained only 4 new members but lost I l existing members. There is a constant chum to membership numbers due to failing health, admissions to Care Homes and sadly death. This year again most of our members were lost owing to deteriorating health and loss of independence with personal care and mobility requiring l.. I personal care, which we do not provide. Anecdotally thi5 is thought to be due in part to the delay in members either seeking or securing medical help for deteriorating health condition5. We also know that people are joining us later in life and staying for a shorter length of time as their health deteriorates. However, we continue to receive a steady number of enquÉries for support through referrals from existing members and their families. recommendations, and our improved social media profile, including the websifr. Unfortunately, we have not been able to respond to a growing number of referrals owing to the level of need they present and the l.. I support they require. The number of referrals to support those with Later stages of dementiajmemory loss continues to grow owing to the increasing need and lack of alternative resources locally. As a day club, which is social in nature, and not a daycare centre, we are not equipped or registered to respond to the level of need being presented. In addition, the changtng profile of our current membership impacts negatively at times on our ability to attract a younger, more independent metnbership who nevertheless is experiencing a sense of loneliness and the detrimental effects of social isolation. W¢ are therefore working with local partners with marketing expertise to develop publicity that will better promote the services we can offer. These will include activities that are likely to appeal at an earlier stage to people in later life. (see also reference to New Horizons below) We are therefore confident that our membership will increase over the coming year, having identified the challenges, adopted a plan, and approved the resources required to raise awareness of what we can offer to those struggling with the impact on their health on very limited social contact and early access to support. Our members Continue to regularly express their own appreciation for the support we have offeied over the year, enabling them to keep in touch with friends and make new ones, have a supportive and friendly ear to listen to their concerns and help alleviate anxieties, and to advise on where further assistance can be obtained to support their health and wellbeing. Members. and their families, continuing appreciation and committnent to the club is evident from the many letters of thanks we receive, and from their personal recommendations and endorsements. ROTHER VALLEY TOGETHER REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 MARCH 2025 (CONTINUED) Their enthusiastic participation in our fundraising activities, including their individual financial donations, is also proof of the value of the club in their lives. This support has continued to increase since members, and their families became awar¢ that our core funding from West Sussex County Council (WSCC) ceased in June 2021 and that we continue to be totally dependent on local individual and community charitable donations and our own fundraising efforts to maintain the services. For ev¢ryone's additional support we are extremely grateful. Members, needs continue to increase year on year not only because existing members are becoming less independent and frailer over time, but also because new members are joining us at an older age and with deteriorating and more advanced chronic health conditions. Most live alone and their average age is 85 years (2024125 average age was 82 years). Members live with a range of disabilities and chronic illnesses. Most have mobility issues. some hearing loss or visual impainnent. some mental health andlor cognitive issues including severe mernory loss or dementia (580/0), and others a learning di5ability' severat struggle with multiple disabilities. These factors will continue to put an increasing demand on the resource5 of staff and volunteers in both their time and skills. However, we are confident that working with partners such as MIND, Dementia Support, and Age UK and developing our own staff s skills together we will be able to respond to these changing demands. Our intention to launch a new club, New Horizons, remained on hold this year owing to the continuing uncertainties around future funding and the changing needs of older people in our local community. There are older people living in small villages isolated by the lack of appropriate transport and access to services with whom we have yet to make contact. We are aware of the changing balance in the demographics of our local area as the number of ihose 85years plus continues to rise. We have also seen the irt¢rease in those 75 years plus moving into new developments of retirelnent flats in the area. These new residents are looking to meet new people and to get involved in gentle but interesting activities in a friendly welcoming place. There is also an increasing need, and a requirement from potential funders, to focus on promoting and providing for the mental and physical health and independence at home of our local older population. We are therefore working with partners in MfND, Age UK, Dementia Support, local Parish Councils and Churches, local Retirement Housing providers and residents themselves to develop appropriate new services and focus. These developments will also better ensure the sustainability of our other clubs, increasing membership numbers and offering opportunities for recruiting more volunteers too. Unfortunately, we were unable to proceed with a bid for Lottery Funding this year but intend to resubmit an amended bid in Autumn 2025 Parlners We continu¢ to build on our work wtth a range of partners developing integrated, community-led and designed services for the benefit of our community, including shared facilities with the local Dementia Hub and Active Minds. County, District, and Parish Councils support us with grants, their health and well-being services, and payroll and pension administrative services. the Community and Leisure Centr¢, which accommodates our clubs, offers inclusive sports and leisure activities and access to library and IT facilities for our club members. There is also Banking Hub available based at the Cornmunity Centre. We are also working with an increasing nurnber of local voluntary organisations. such as local Parish Care Groups, Church Friendship groups, Carers, Support Groups, Tandern, Sage House. Dementia Care, MIND Mental Health services and our local Community Transport schemes, to ensure our members can easily access appropriate assistance, and that we can together offer more integrated services and continu¢ to be responsive to local needs. ROTHER VALLEY TOGETHER REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 MARCH 2025 (CONTINUED) Consultation and Represenkation Through membership of local voluntary networks, and fornial links with all levels of local government bodies. we ensure that our members, needs and those of OUT local community are heard. These forrnal links and our involvement in networks of support have been maintained throughout the year, often through attendance and participation by trustees at regular meetings with Council officers and leaders of community and voluntary groups. Members and volunteers continue to be kept infonned of plans and events through regular newsletters. Views have been sought from Members and volunteers on filture club activities, membership fees and charges through short questionnaires and face-to-face discussions and consultations. Parlicipation in local Community See above "Involvement in local community." FINANCIAL REVIEW AND RESULTS FOR THE YEAR Finaneialperformance We had net assets at the end of the financial year of £29k. Having implemented a new business rnodel in April 2024, we were able nol only to reduce our operating costs bul also to increase our income. This resulted in a Teduced deficit of approximafrly £IOk in March 2025, compared to a deficit of £25k in March 2024. This was achieved in spite of the loss of our core fijnding from the local Council and the increases in our fixed costs for PTemises, catering, transport, and staffing. It did requir¢ us to draw down on our reserves, although to a lesser degree than last year. We consider our reserves to remain at a satisfactory level. We remain confident that we can continue to provide and sustain our valued services for the benefit of our local community well into the ￿ture. Our members, their families and friends and the local community continue to recognise OUT essential contrkbution to the overall local community effort in supporting older vulnerable people. As evidence of this is the £27k which was donated by the local community towards our running costs this year. The total amount raised this year from all sources both local and County-wide funders, was approximately the same as in 2024125. Fed-back from potential funders indicated that increasing demand on their charitable funds was resulting in their granting reduced individual awards but to more applicants. The Board of Trustees is therefoTe reviewing its fimdraising strategy for 2025126 to meet these challenging circutnstances. Membershw subscriptions and ehargingfor services A survey of similar day clubs operating in West Sussex and neighbouring counties, was undertaken by Trustces in March 2024. As a result, and following consultation with members, their families, and the clubs, staff, the Board agr¢ed a day club inclusive charge for lunch and all activities, including the annuaI membership fee. A contribution towards transport, when required remained at the same level. This charge, implemented in June 2024, has been accepted by members, secured a regular and increased income for the charity and has not affected the level of membership to date. ROTHER VALLEY TOGETHER REPORT OF THE TRUSTEES FOR THE PEIUOD ENDED 31 MARCH 2025 (CONTINUED) Although membership has been slow lo grow for reasons referred to above, with membership levels also difficult to Tnaintain due to th¢ age and health profile of both new and existing rnembers, indications are that these are gradually increasing. In addition, we are confident. that a recently implemented Publicity and Promotion plan and the development of different activities within a new half daylmorning club, together with new partnerships with other local community groups. will bring incre&sed membership. Conelusion Despite the need for constant ￿nd-raIsing, the challenges in recruiting volunteers and responding to increasing needs of an ageing lo¢al population. we are Confident of a positive ￿tUre for our clubs and in the emerging new local community partnerships of support. New initiatives and ￿rther planned efficiencies are in hand. These together with the on-going commitment and support from members, families, staff, volunteers, donors and the wider local community will ensure we can continue to deliver our services well into the future. Reservu Policy The Trustees have examined the Company's requirements for reserves and have concluded that there is a need to maintain a level of reserves sufficient to meet its commitments to beneficiaries. As of 31 st March 2025 the amount of free reserves held by the Company was considered satisfactory. The Trustees continue to Teview, on an ongoing basi5, the Reserves Policy and the level of reserves held to ensure that those reserves are adequate to flllfil the Company's obIigations and to ensure its financial stabÉlity. PUBLIC BENEFIT STATEMEIYT The Trustees are satisfLed that they have complied with the duty in section 17 of the Charities Act 2011 to have regard to the public benefit guidance issued by the Charity Commission. INDEPENDENT EXAMINER Mr A Mardle FCA has indicated his willillgness to be reappointed as the Independent Examiner. Approved by the Trustees on 31 July 2025 and signed on its behalf by.. M R Guest Trustee ROTHER VALLEY TOGETHER INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ROTHER VALLEY TOGETHER I report to lh¢ trustees on the accounts of the Charity for the year ended 31 March 2025 which are set out on pages 10 to 17. Respeclive responslbillties of Irustees and &Yamlner The trustees (who are also the dire¢tors of the Company for th¢ purposes of company law) are responsible for th¢ preparation of the accounts. The Charity's trustees consider ihat an audit is not required for this y¢ar under section 144 of the Charities Act 2011 (the 2011 Act) and that an ind¢p¢ndent examination is required under section 145 of Ihc 2011 Act. l am qualified to undertake the examinalion by being a member of the Institute of Chartered Accountants in England and Wales and it is my responsibility to.. examine the accounts under section 145 of the 201 l Act. to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of tlie 2011 Act. and to state whether particular matters have come to my attention. Basis ofJndependen/ Examiner's Siftlemenl My examination was carried out in accordance with the general Directions given by th¢ Charity Commission. An examination includes a review of the accounting records kept by the Charity and a ¢omparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and se¢king ¢xplanations from you as trustees concerning any such matters. The procedures undertaken do not provide all tlie evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'tru¢ and fair view, and the report is limited to those matters set out in the statement below. Independenrf Examiner's Sirtlemenl In conn¢¢lion with Iny examination, no tnatters have come to my attention which gives me cause to believe that in any material respect.. accounting r¢¢ords were not kept in accordance with section 386 of the Companies Act 2006- or the accounts do not accord with such r¢¢ord5' or the accounts do not comply with relevant accountin8 rquir¢tn¢nts under section 396 of the Companies Act 2006 othcr than any requirements that tlie accounts give a 'true and fair view" which is not a matter Considered as part of an independent examination. or the accounts have not been pr¢pared in accordanc¢ with the Charities SORP (FRS 102). I have come across no other matters in conn¢ction with the examination to which attention should be drawn in this re]x)rt in ordcr to eiiable a proper understanding of the accounts to be reached. This report 15 made solely to the Charity's trustees, as a body. in accordancc with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's trustees tliose matt¢rs l am required to state to ihem in an Independent Examiner's report and for no oth¢r putpose. To the fullest extent perniitted by law. I do not accept or assume responsibility to anyone other than the Charity atid the Charity's trustees, as a body. for my work for this report. Signed: Alain Mardle FCA Chartered Accountant G￿¢nS Court, West Street Midhursl. West Sussex. GU29 9NQ Date.. l ROTHER VALLEY TOGETHER STATEMENT OF FINANCIAL ACTIVIES (including Income & Expenditure Aceount) FOR THE YEAR ENDED 31 MARCH 2025 Note$ Unrestrieted Restritted Total Funds Fund5 Funds JI Mareh 31 Mareh 31 March 2025 2025 2025 Total Fund5 31 Mareh 2024 Income from: Donations & legacies Charitable activities Other income Investment income 2.3&3 28,272 25,668 715 560 28,272 25,668 715 560 55,215 32.822 23,373 4,530 60,725 Expenditure on: Fundraising Charitable activities Other expenditure 2.4&4 243 64,272 814 65.329 243 64,272 814 65.329 451 84,547 744 85.742 Net movement in funds {10,114) 0 {10,114) (25,017) Transfer5 between funds Fund balances at l April 2024 29,894 9,190 39,084 64,101 Fund balances at 31 March 2025 19,780 9.190 28,970 39,084 The statement of financial activities includes all gains and losses recognised in the year. All income and expendltL￿e derive from continuing activities. This statement of financial activities also Complies with the requirements for an income and expenditure account under the Companies Act 2006. The notes on pages 12 to 17 fonn part of these financial statements io ROTHER VALLEY TOGETHER BALANCE SHEET AT 31 MARCH 2025 31 March 2025 31 March 2024 Notes FIXED ASSETS 3,146 4,039 CURRENT ASSETS Debtors Cash at bank and in hand 872 31,728 32,600 1.164 40.866 42.030 CREDITORS: Amounts falling due within one year io 6.985 NET CURRENT ASSETS 25,824 35,045 TOTAL ASSETS LESS CURRENT LIABILITIES 28,970 39,084 CREDITORS: Amounts falling due after one year NET ASSETS 28,970 39,084 REPRESENTED BY: Unrestricted funds: Generat fi￿d Restricted fijnds 19.780 9,190 28,970 29,894 9,190 39,084 12 For the period ended 31 March 2025 the Cotnpany was entitled to exemption frorn audit under section 477(2) 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 Directors acknowledge their responsibility for.. l) ensuring that the Company keeps accounting records which comply with section 386" and 2) preparing accounts which give a true and fair view of ihe state of affairs of the Company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 393. and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as is applicable to the Company. These accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies, regime. The accounts were approved and authorised for issue by the TTUStees on 31 July 2025 and signed on its behalf by: M Guest DirectorlTrustee The notes on pages 12 to 17 fonn part of these financial statements ROTHER VALLEY TOGÈTHER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 STATUTORY INFORMATION Rother Valley Together is a private company, limited by guaranlee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Infomiation page. ACCOUNTING POLICIES Basis of Preparation The accounts (financial statements) have been prepared in accordance with the provisions of the Companies Act 2006 and the Financial Reporting Standard for Smaller Entities under the historical cost convention with iterns recognised at cost or transaction value unless othenvise stated in the relevant note to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice.. Ae¢ounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102) i55ued on 16 July 2014 and FRS 102 and the Charities Act 2011. In preparing these accounts the directors have considered whether in applying the ¢ornparative figures was needed. No such restatements were required. The Company has taken advantage of a number of disclosuTe exemptions pennitted by FRS 102. The Company constitutes a public benefit entity as def￿ed by FRS 102. The financial statements are prepared on a going concern basis under the historical cost convention. The principal accountin8 policies adopted are set out below. The directors consider that there are no material uncertainties about the Company's ability to continue as a going concern. Going eonecrn At the time of approving the accounts, Ihe Tn￿teeS have a reasonable expectation that the Company has adequate resources lo continue in operational existence for the foreseeable future. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the financial slatements. Funds The Trustees review in¢omkng resources to determine whether any funds should be treated as restricted. Restricted funds are subject to sp¢¢ific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts. 12 ROTHER VALLEY TOGETHER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) Income recognition Income is a¢¢ounted for on an accrual's basis, when the Company is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that the income will b¢ received. Expendilure reeognition Expenditure is accounted for on an accruals basis and is recognksed where there is an obligation to make payments to third parties. Irreeoverable VAT is reported as part of the expenditure to which it relates. 2.5 Tangible fixed a$s¢ts Tangible fixed assets are initially measured at cost and subsequently measured at cost. net of depreciation and any itnpaimlent losses. Depreciation is recognised so as to write off the cost or valuation of assets. less their estimated residual values, over their useful lives on the following bases: Motor vehicles Equipment 250/(p on reducing balance 25 /0 on cost The gain or loss arising on the disposal of an asset is deterniined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net incomel(expenditure) for the year. Critical accounting estimates 2nd J￿dgeMentS In the application of the Cornpany's accounting policies. the Trustees are required to make judgement5, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The Trustees consider that there are no critical estimates or judgements. 13 ROTHER VALLEY TOGETHER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) INCOME UThre$tri¢ted Restricted Total Funds Funds Funds 31 March 31 March 31 M#r