REGISTERED COMPANY NUMBER: IY0027845 (England and Wales) REGISTERED CHAIUTY NUMBER: 1148177 REPORT OF THE TRUSTEES AND UIYAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR HALESWORTH CAMPUS JUILT Tooke Lothing Ho Quay Vicw Busin¢ss PaTk Barnards Way Lowestoft Sutro]k NR32 2HD
HALESWORTH CAMPUS CONTENTS OY THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 Page Chair's Report Rew)rt oftbe TnteeS 2 kn 5 Independent Examiner's R4rt Ststement of Financial A¢¢ivities Balance Sheet 8 to 9 Nottg to thc FinaAcial Statcmcnts 10 to 14 Detailed Statement of Financial Activitie4 15
HALESWORTH CAMPUS CHAtR'S REPORT FOR THE YEAR ENDED 31 MARCH 21ll5 This yw has iw alloth¢r ODC phcr¢. fru5tsaiingly. 5ts11 havc no start dak for con51ntiOn. In th¢ past 12 mODth5. howevLY, there hL8 b¢tt pleniy ofactivity And progroqs bcen made. Most satisfyingly, we have wfflked well with the football and nwby clubs who will be the PTincipal users of the firtUTe 3G pitch. They signed thc Communily Usc AgrccM1, and this was finally agTLYd by East Surrolk Council in Dcccmbcr 2024. As a D)ajor planning CODdition. this was an important SILV. ID tying to ncgotiatc an iDCTcasc to our Community InfrastnKturc Lcvy bid. wc cnlistLxI thc support of district cowicillor. Geoff Wakcling. By MaTch 2025. we WCTC fecling morc Confi(kl discussions with tk ESC CIL tcam wu¢ progr¢ssing and wcfc plc4s¢d io b¢ inviiL)I a Iwg¢ stak¢hold¢r m¢¢ting in May 2025. with Halorth Community Sport and Leisure wcll local p)litiCiaS and mcmbcrs of the ESC CtL icam, to discu&g the way We have commiued kn more regular c4ymmunicalions with the Ial communily and are posting updales on OUT websiie whLTC wc also bavc a Q & A scctiOD. Hcrc wc addrcss qULTiCS as ihcy aTiSC. Wc havc also WOTkcd hard to kw thc lines of communication op¢m b¢twc¢n us and ow ncighbour Hal¢sworth Commwiity Sport and Lcisurc. Our trustee board remains as dedicatrd &$ evu, the moTe so Is there are some small signs thai the needed siM)rL8 faciliti&s ror Halesworth would eveDiually be deliveTed. Tony Gold50n Chait ofthc Board of Tntst¢es Page I
HALESWORTH CAMPUS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 21b25 The tnIst9 WI OT¢ also direc of t ¢h2riiy the pryes of the Companies A¢t 2(Th, PTeseDi their rewNt with the r]nancial slalcmeDts of the CPIlY for the year ded 31 March 2025. The trustses bave adopted the provisions of Acc4)unting and RetrtIng by Chariti&s'. Statcment of RLY4)mmcndcd Practicc applicablc to charitics prcpaTing thcir accounts in ac¢i)Tdance with the Financial Rcwrting StandaTd applicablc in thc UK and Rcpublic of Ircland (FRS 102) (cffcctivc l January 2019). OBJEcfivES AI¥D AcfiviTIES Objective5 and airns Halcsworth Campus will off(Y a highuality aThl FA)laT hub for sports. hcalth and trdining. siipporting thc TLsidcnts of HlOrth and SUTrounding comrnunitics to livc happy. hcalthy aTKI activc livcs. WoTking with our many paTtsIcTS thc haTity will bring toB¢thcr. w)rdinatr and inlcgrat th¢ many activitscs thking pla. CD5UTing thc CarnFWS is gr¢ar than th¢ sum of ports. Our offLY of serviccs and facilities will have something for cvery agc 8TOUP and cvery ability, Wrdpped amund OUT PTimary of sport and leisurc faciliti will thc knlth and social carc and cducalion and training on offer by OUT partncTS. crcating thc foundations of wbat has bccn dcscrib(xl in thc East Suffolk tLKal Plan as thc Halcsworth Hcalthy NcighEM)urh(Mxl. An cnhaDGcd phy5iGal CDViTODmcnt. a placc to DKCI. art and pcrfoTtDaDGc. voluthlccTing and comrnuthity Lmgagcmcnt across gajerdtions will bc OUT way of incrcasing thc wcllFKiDg and mcntsl bcalth ofouT communily. Our vision ab)vc is thc drivcr for dcliv¢ring ow charitsblc objccts.. The provision or8t recrealional and leisure facililics The provision of ethatIOn and training The provision orracilities foT thse by the commuDiIy The promotion ofphysical and mental health Any othcr charitablc purp vknich thc tntstccs of thc Charity may from timc to tim¢ cthjsidcr to bc complimc*tary to the foregoing Objects. tn eacb c&se for the bcnefil of the TesidLmts of Haleswortb and the surrounding aTeas. irrwlive of age. 8aMler. sexual orieniatioD, Tace, religion, trf)litical or other opinion. This will bc acbicvcd through thc provision of dircci services and facilities and thTough activety seeking collabolon and paTtheTship with other organisations. the community and residents. Page 2
HALESWORTH CAMPUS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 21b25 Significant activitiL AchicYcmcThts and [rfonan¢C against plans sct for 2024- 25 Alihough it somctimcs fccls thal w¢ hav¢D't ath1cV much. by l(M)king back al Ik yw 5cc that, with paticnr and p¢rsistK¢ from our thtst¢¢s. many small buildin8 b1kS bav¢ beo) in pla. We T¢¢¢ived the final monies from C&silemeadow Care in Augusi 2024, a1 the trasFer of iiile w&s complefrd. (hjr focus h&g been on ph I, the grass and 3G pitchcs, a very knowlcdgcablc Inlee continuing lo work with Sport England and thc F)tball FOdl0 to cnsurc thc pitches mcct all the most modcrn stsndards. Planning ahcad. thc ncw bank account with our sislcr company Halorth Campus Entcrprisc5 mcans wc can now cnSUTC that wc rcclaim VAT thc building of thc pitchcs gcls ld1&y. Plans for 2024- 2025 l. Complctc outstanding planning conditions on thc fiTst application- Octobcr 2024 Trustrcs havc workcd hard to satisfy ihc plathniDg conditiODS and good progTC55 ha5 bc£ tDa(k. With thc COMul11tY Usc Agrccmrnt complcknj. thc only outstanding conditions concern drainagc. (kn arcbitccts aTC in conthcl with ADglia wat to whom they have Submitt Tevisions to the drainage S(heTr. 2. Fw1her CIL application subtnittol- F¢iw 2025 & 3. Sccond planning applicatioll submitted- March 2025 We are slill some way oif submiiiing ow second planning applicalioD for the SI c£ntre as we bave r$sed etroTts on trying io saiisfy ESC of our need for an increase in ow first CJL bid. (kn initial CIL bid the pitshes of £1.6m was appTovcd in ScplcmbLT 2021 bui Lwusc ofcbangcs thc plaDS dcmaDdcd by cxicrnal SIM)rtiiig bLKIic5 - thc conscqucnt dclays in gctting thc platming pctmission finaliscd - inflation during this p¢ricd mcans that wc arc approxirnktely £0.5m slhort to colnplctc our fitst phase. 4. Telegraph pole Temoved from 3G site- Marcb 2025 This was not achiev] by the statLxI date. Wc bavc. boweveT. paid UK PoweT NeorkS £488. in ApTiI 224 a1 as n as the planning application is finalisgj we will clfi] a start date to remove tbe pok and cany out the Te-T(NJting of thc powct cablcs. 5. Busincs5 p]an and fimdrw5ing stratcgy progrcsscd as S(KJn a5 infornution is knovrn aknut CIL applicalion - March 2025 Nol progr8¢ 6. Apollo replaceMl - Campus boaTd ts) conlinue io CA)ntribute the stralegic planning for the AtM)Ilo Youth Club Teplacemcnt. Plans cxrrtcted FcbTuary 2n25 This has Dol PTogrcsscd bccawc of dclays to thc planning applications and bccausc thc comrnwiity-widc youth group has fallcn inlo abqanr¢. Throughoui thc yw, Halc5WOTth CaTnpu5 coni]nu to wmmunicatc r¢8ularly with th¢ Apollo aNI the sit¢ id¢lltIfiI on for wlw¢ a new youth club could b¢ pla¢¢d is still in our plans. 7. Other CA)mtnUDity benefits to be planned and fimdiDg sought &$ appTorAi&te. The cafe. the art PToject and well-being icc aTC all rcliant on Succ in pTogrc&8ing thc planning application for the c£ntre. No fiwthcr WOTk is likely i this financial ycar. This conlinuc5 to bc tk thi5 ycar. Plans for 2025- 2026 l. Gct fmal sign-off of planning conditio- October 2025 2. Successfthiy bid for lticre lo our CIL award- Ocknber 2025 3. UK power nelworks start prqyaTatrKy Work on siie lo remove klegrarkn pole Tearoute the power cabl&% . Febnwy 2026 4. Rcview plans for plhase 2 (splwts cgntrc and café etc) WLwking with kcy stakcholders. Septcmbcr 2025 Page 3
HALESWORTH CAMPUS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 21b25 Public beefit ststernent In shaping our objcctivcs for thc ycar and planning OUT actiyitics thc trust(ts havc considcrcd thc Charity Commission's guidancc on public bLiJcfit. including thc guidancc UbliC bcncfit: running a charity (PD2)'. Thc achicvcnxnts aNI artivitics abovc duDonstratc th¢ public brDcfii ari5iDB through th¢ ChaTiiy'5 aGtivilics. STRucfuRE, GOVERNANCE AND MANAGEMENT Stru¢tsrc and Govcrnallce Campus (HC) is a charily sel up &$ & cbaTitsble limitrd company in 2012. 11 is loj by a board of volun12ry trustecs who mcel monthly. The tntstecs are the mcmbcrs. Thexe is an a81 job descTipiion and peT specIfilOn for the role of trustre. R1th)t is througb local advLTtisement and local contacts. The TnL8lS arc app)inted by a majoTity votc of the Mcmbcrs. New Tnl8tc are PTovidcd with thc appropTiate documcniation rclating to the ChaTily's rcsTX)nsibilities, financial ci)ndition aThl obligations and govcrnancc" and thcy arc oifcTcd induction scssions cdUctcd by an CXPCTicnccd TTUSc. Th¢ Truses a¢limg as an EX1Ve Commilt¢¢ have ovmll r¢sponsibilily for the aclivitses of th¢ Clarity. Tr Execulive Conhmiliee meets monthly with individuals tsking on specific Tesponsibililies. In Juty 2020. a wholly ow)cd subsidiary company. Halcsworth Camp8 EntCTPTises. w&s set up through which thc consInliOn costs will bc channcllcd. This will Tcsult in VAT savings on thc build PTOjCCt. Four of thc charity trustccs ar¢ th¢ DI[loTs. Risk management A ccntrnliscd administrativc sY¢M covLYing all policics and pr rclmnt to thc conduct of thc Halorth Camp%,S Activitio4 is in place and ated accordingly. A risk registLT is in plllcc 8nd and monitorcd rcgularly. Financial risks are monitored by the TnLslce Tesponsible for the accounts and are rcported to the TnLslecs' Execulive Commiilee meeiings. On- and otf-site ac11viti are asse for Iisk on an individual basis. InVlMent powen and policy Thc TTUStccs have kcpt undcr Tcvicw thc most approte policy for safcguaTding the valuc of and Tcturn on surplus fiuwls. Thcy havc found thai und¢r cwrrnt conth"lions bank d¢poslt accounts providc thc appropTiatc combination of se11Y and arccs5ibility. REFERENCE AND ADMINISTRATtVE DETAILS Registered Company DUTnber 08027845 (EDgland and Waics) Registered Charity number 1148177 RL%iStered office 5, Miles Ward Court Haleswor Suifolk tP19 SAY Trustec8 A B Abbott A P Golds C A Bocking D J Gallaghct L K Lclca E J Moseley S J Weeks Page 4
HALESWORTH CAMPUS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 21b25 REFERENCE AND ADMINISTRATtVE DETAILS Independent Enmiller Julcr Tooke Lothing Howc l)uy Vicw BusiDCSS Park Barnards Way tKJwesthft SulTolk NR32 2HD Approv by ordcr ofthc board oftsustccs on.................... . .. ................... alld signcd OD its h[bY. L K L¢lcaD- Trustcc Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HALESWORTH CAMPUS Independent examiner's report kn the trngtees ofHale8wDrth Campus {'the Company I rcwrt to thc chaTity trustCC5 on my cXaMinati ofthc accounts of thc Company f( thc ycar cndcd 31 March 2025. Responyibilities and basis of report As thc cl]arity'S trus of thc C¢)rnpany (and also its diTCCtOTS for thc pwposcs of company law) you arc rLwnsiblc for thc prcparntion of thc accounts in accordanc¢ with th¢ r¢quircm¢nts of th¢ Companics Act 26 Cth¢ 2006 Act). Having satisfied myself thai ihe accounts of the Company aTe nol TequiTed be auditsd under Part 16 of the 2006 Act and are eligible for independent exatniDailo l TerKJrt ID rwect ofmy examination of yow cknity's accounts as Caled out UDdcr ScctiOD 145 of thc ChaTitiC5 Act 2011 ('thc 2011 Act?. In caThying out my cxaminalion I havc followLxI thc DirKtions given by the ChaTity Comlnission un(kr Se(tion 145(5) (b) of the 2011 Act. Indcpcndcnt cumincr'g ytatcmcnt I havc compldrd my ¢xarninalion. I cuiflrm that DO mattct5 havc cornc lo rny attrntiOD ID c{xon with thc amitiaiion givitig m¢ caus¢ kli¢v¢.' accounting TCCA)rds were not kept in [cspt of the Company &s required by Section 386 of the 2 Act; OT the accounts do nol accord with thosc T(. thc accounts do wt comply with thc accowiting rcquiTcmcnts of Scthi(xJ 396 of thc 2(M16 Act othcT than any rcquircmcDi thai thc aGcouDts givc a truc aDd fair vicw which is not a mattcr a5 part of aD cxatniDation' OT the accowits have not been prepared in accordance with the method5 and principles of the Statement of R¢coTnm¢dCd Prncticc for a¢ting and rq)orting by ¢hatitics (applicablc ¢hariti¢s pwaring th¢ir accounts in accordance vlith the Financial Rqffiing Sthndard llpplicable in the UK and Rq)ublic of ]land (FRS 102)). I have Do Conce$ and bave come acro no other maUeTS ID CODDection with the examination kn wbich aUentiOD sIuld be drawTr in this Teport in OTdeT to enable a propeT wmlerstsnding ofthe accounts ts) be reached. Pctcr Boarthnan of Jul¢r Took¢. Acoxmthnts Th¢ Asyxiation of Accounling Tthicians Jukr Twke tKJthing House Quay View Bwiness P Barnards Way Lowcstoft SulTolk NR32 2HD 12 August 2025 Page 6
HALESWORTH CAMPUS STATEMENf OF FtNANCIAL AcrTvTriES FOR THE YEAR ENDED31 MARCH 2025 31.3.25 Total 31.3.24 Total funds UnT¢stri¢trd R&8tricied fijnds fimd Notes INCOME AND ENDOWMEI¥TS FROM IDvestmeDI incA)me 63.669 63.669 65.178 EXPENDITURE ON Raising fimds 14?49 14,349 38.554 Net gains on inves1mts 7.mK 71,( I.5),( NET INCOME 749.320 749.320 1.526.624 RECONCtLIATtON OF FUNDS Total fimds bn)ught foTward ,548,533 4.1(M 1,552,633 26.IK19 TOTAL FUNDS CARRIED FORWARD 1297.853 4.1(K 2.301.953 1.552.633 Thc not¢$ forni part of th¢s¢ finatKial slatynts Page 7
HALESWORTH CAMPUS BALANCE SHEET 31 MARCH 2025 31.3.25 Total 31.3.24 Total funds UnT¢stri¢trd R&8tricied fijnds fimd Notes FIXED ASSETS TaD8ible a&sets 403,883 403.883 403,883 CURRENT A&SETS DebtOTS Cash at bank 1.904,828 6.(A5 1.904,828 10.745 1.158,367 9.467 4.IlY) 1.911.473 4.1 1.915.573 1.167.834 CREDITORS Amounts falling duc within c¢ ycar (17.503) (17.503) (19.084) NET CURRENf ASSETS 1.893.970 4.1 1.898.070 1.148.750 TOTAL ASSETS L$ CURRENT LIABILITIES 1297,853 4,1 2.301.953 1.552.633 NET ASSETS 2,297,853 4.100 2.301,953 1.552,633 FUNDS UDTes1rict&l Iw RestrictLxJ fwisis io 2297.853 4.100 1.548.533 4.1) 2JOI.953 1.552.633 Thc thaTithblc co]npaDy is ¢Dtitl¢d to ¢x¢mption from audit uttdu Scdion 477 of th¢ CompaDics Ad for lh¢ y¢ar kled 31 Mar¢b 2025. The members have not required the company to obtsin an audil of its financial slatements foT the year ded 31 March 2025 in accordancL with S(Ytion 476 of thc Companies Act 2(M)6. Th¢ tru51Ks arknowl¢d8¢ th¢ir rc5Frf)nsibililics for (a) ¢nsuring thai the ¢barithbl¢ company keeps accountin8 records that comply wilh Sections 386 and 387 of th¢ Ci)Tnpanics Aci 2006 prwins fmancial stat¢m¢nts which givc a tru¢ and fair Yicw of th¢ sthic of affairs of thc cbarithbl¢ company as at thc end of each financial year and of iLq SW)1 or dcficit fiff cach financial year in accordance with thc Tequirements of Seciions 394 and 395 and which otherwise comply with the TequiTemellts or the Companies Act 2006 relating to fllwicial statements. so far applicable to the clwitsble company. (b) Thc not¢$ forni part of th¢s¢ finatKial slatynts Page 8 contiDU&i..
HALESWORTH CAMPUS BALANCE SHEET- continued 31 MARCH 2025 finanrial statwncnts hav¢ bwi pryaTcd in acwrdancc with thc provi5iOJL8 applicabl¢ lo clwitabk collwaDi¢S subject try the Sn11 compallics regimc. The financial statemts were aprffoved by the Board of ThteeS and auth0T]s for Slle . and w(fC sigTbC4J on its thaIrby.. L K Lelcan- Tntstee C A Bockin8- Tn]stee Thc not¢$ forni part of th¢s¢ finatKial slatynts Page 9
HALESWORTH CAMPUS N(yfES TO THE FtNANCIAL STATEMEKrs FOR THE YEAR ENDED31 MARCH 2025 ACCOUNTING POLICIES Ba515 of preparing the fiancIal statements Thc financial staicmcnts of ihc charitsblc company, which is a public bcncfit cntity under FRS 102. have bc prcparcd in accordancc with tbc CTharitics SORP (FRS 102) 'Accowiting and RcFthing by CbaTitics: Statcmcnt of RL¥ollrd¢d PrnrtiK applicablc kn Chariti prcpaTing thcir acwuDts in acwrdallcc with thc FiDaDGial Rwrling Sthndard appli¢abl¢ in the UK and Rwblic of ireland (FRS 102) (¢LTe¢uve l January 2019),. Financial Rqlg Standard 102 The Financial Re108 Stsndard applicable in the UK and Republic of Ireland. and the Companics Act 2(. Thc financi statcrnts havc rffcpaT(aJ undeT thc bistOTical cost conventiL. Income All income is Tec4viisl in the Ststsmeni of FinaTKial Activiti once the clwity h&5 tIlleMent to the fuDd%. it is probablc that ihc incomc will bc nxcived and thc am¢)unt cthn bc rncas rcliably. Eipenditsrc Liabililics arc rcEi5¢d as CXFKDditurc a5 as thLTC is a Icgal or GOD5trurtivc obligation comnllttiDE thc Cbariiy to that exndit¢. il is probabl¢ that a transfer of ¢conomi¢ b¢n¢fits wtll be required in settl¢meni arnl the atllounl of the obligallon can be me&gured reliably. Expenditu is accoth)frd for on an accnthls b&8is and b&$ br£n cla&sifi(aJ undcr hcadings that aggTcgalc all cosl rclatcd to the category. Wh(xc costs cannoi bc dircclly atiTibuted to particular hcadings they havc Ettn alliKatLxI to activities on a b&8iS CA)nSiStcnt with thc of Tangible fixed ayyets DEprlation is providLxI at thc following aDnwII Talcs ID Ordcr to WTite off cach asset OV its c5tiDMtcd Taxa¢ion Th¢ ¢lwity is exempl from wrmion tax on its ¢harilabl¢ a¢livities. Fund accounting Unrcstrictcd can be uscd in accA)rdance with the charitsble objectivL% at the discretion of the tntste. Restrickd funds can only be used foT particular restrictrd rrtwposes within the objects of the clwiiy. RestrictiotLs aTiSC wIKn SPLxificd by the dO[T OT whcn Iwids arc rniscd lor particul rcStricj PUTPOSCS. cxplanation of th¢ natur¢ and puryM)8¢ of ¢ath fimd is includ¢d in thc to th¢ financial slatcmmts. IIYVESTMELYf INCOME 31_325 31.3.24 Rents TLYeivcd Deposit account intCTest IntCTcsI T¢c¢ivablc- trading 9,873 60 53.736 10,060 743 54.375 63.669 65.178 Page 10
HALESWORTH CAMPUS NOTES TO THE FINANCtAL STATEMENfs- continued FOR THE YEAR ENDED31 MARCH 21b25 Raiiillg donations and Ilyties 31.3.25 31.3.24 Support 14,349 TRUSTEES, REMUNERATION AND BENEFITS Thete vlcre trustees. remuneration or other benefits for the year cnded 31 March 2025 nor for the year 31 March 2024. Truste£¥' expen Thcrc WCTC no tru5tLX5' cx[nsCs paid for thc ycar cndul 31 March 2025 nor for thc yw rndcd 31 March 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Urtrictsd R&strictrd funds fund Total fimds INCOME AND ENDOWMENTS FROM Inveslmeot income 65.178 65.178 EXPENDITURE ON Ra]sing Futhds 38.554 38.554 Nct gains on inycsltncnts 1.500.0 1.500.(MM) NET INCOME 1.526.624 1.526,624 RECONCtLIATION OF FUNDS Total fimds brought foTward 21.909 4.1 26.IMI9 TOTAL VUNDS CARRIED FORWARD 1.548.533 4.1 .552.633 TANGIBLE FIXED A&SETS FTeehold property Totals COST OR VALUATION At l April 2024 and 31 Marcb 2025 153,883 250,1MM) 403,883 NET BOOK VALiJE At 31 March 2025 153,883 250,1MM) 403,883 At 31 Marth 2024 153.883 250.IMKI 403.883 Page 11
HALESWORTH CAMPUS NOTES TO THE FINANCtAL STATEMENfs- continued FOR THE YEAR ENDED31 MARCH 21b25 TANGIBLE FIXED A&SETS- continued Cosi or valuaiion at 31 March 2025 is rcprcscnt(xJ by: FTeehold proputy Totals Valuation in 2024 153.883 250.(M)O 403.883 DEwfoRS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.325 31.3.24 Tradc dcbtors Othcr dcbts)rs an to subsidiary 1.403,423 500.152 653 1.157,114 653 1.904.828 1.1551.367 CREDITORS: AMOUNTS FALLING DUE WITIUN ONE YEAR 31.325 31.3.24 Bank loans and overdrafLS (see note 9) Other loans (see notc 9) Tradc CTcditors 41 1,637 495 15.330 2,910 880 15.294 17,503 19,084 LOANS AD analysis ofthe malutity of10a is given beknv: 31.3.25 31.3.24 Amounts fallin8 th within one yw on demand: 41 1,637 Other loaDS 2,910 1.678 2.910 Page 12
HALESWORTH CAMPUS NOTES TO THE FINANCtAL STATEMENfs- continued FOR THE YEAR ENDED31 MARCH 21b25 io. Net movcn*nt in fimds Ai 31.3.25 At 1.4.24 Unrestricted funds 1.548.533 749.320 2.297.853 RtrActed fundy Rcstrictsd fulld 4.1(M) 4.IIM) .552.633 749.320 2.301.953 Nct mov¢Dl in fimds. inclu(ILxI in thc abovc arc as follows: Incoming Resour resour eX)ded Gains and losses Mov¢m¢ni UnNytrictcd fullds Gencral fimd 63.669 (14,349) 700,IN)O 749,320 TOTAL FUNDS 63,669 (14,349) 700,(M)O 749.320 Comparattves for movement ill funds Nci movcnKnl in Ai 31.3.24 At 1.423 UDrestricted fulld5 Gencr fund 21.909 1.526.624 1.548.533 Restrictcd fund9 Rcstrictcd fiu 4.1(M) 4.100 26.(MI9 1.526.624 1.552.633 Cotnparalive nel movement in funds. irKluded in the above are as follows: JncomiDg Rcsourccs extKffided Gains and loss& MovcmcDt in fwi(Ls Unregtrietcd futtds Gcncral fund 65.178 (38,554) 1,5(KI,IMKI 1,526,624 TOTAL FUNDS 65.178 (38.554) I.5.{K1 1.526.624 Page 13
HALESWORTH CAMPUS NOTES TO THE FINANCtAL STATEMENfs- continued FOR THE YEAR ENDED31 MARCH 21b25 10. MOVEMENf IN FUNDS. continued A currtht ycar 12 montbs andlor ycar 12 rnthS combiticd Iltion is as follows: Net movemeDI in fun Ai 31.3.25 Ai 1.4.23 Unrtricted fund5 21,909 2.275,944 2.297,853 Restricted fund5 Restri fund 4.1(K) 4.100 TOTAL FUNDS 26.( 2.275.944 2.301.953 A cu)1 y¢ar 12 nnthS and Prior year 12 months ¢ombin¢d nel nM)vemenl in funds, included in lh¢ atx)ve aT¢ rollows: Gain5 and loss Movcmcnt cxpcDdcd Unrestrieted funds 128.847 (52.W3) 2.2.{KKI 2.275.944 TOTAL FUNDS 128.847 (52,903) 2,2(KI,IKKI 2,275.944 RELATED PARTY DISCLOSURES Thete were no Telatrd parly transactions for the year eth 31 MaTcb 2025. Page 14
HALESWORTH CAMPUS DETAtLED STATEMEIYT OF FINANCIAL ACTtvrrtES FOR THE YEAR ENDED31 MARCH 2025 31.3.25 31.3.24 Invutmcnt ittcomc R15 rKcivcd D¢posii ac¢ouni inl¢resi tnfrresl Teceivable- trading 9.873 10.060 743 54,375 53,736 63.669 65.178 Total illCDrniDg resources 63.669 65.178 EXPEND]TURE Support costs Managcmcnt Ratcs and wat Insurnncc ProfessionAI fw8 Sundries 62 268 154 1.085 303 70 1.317 2.218 Finance Bank chaTgcs 69 IDTortnation tecbDo102y Repairs and renewa]s 3.394 3.814 Other 2 Adv¢rtising BaDk loaD 150 58 301 208 391 GoVeranCe costs Professional fe AccowitsrKy fees Legal fees 7.144 828 1.398 27.471 3.799 9.370 32.062 14.349 38.554 Net incorne before gains and 1055e5 49.320 26.624 Realiyed recogni5ed gains and losscs Realised ga1(ls) oll wogTall)me re]ated invcslmcDts 7).mMI I.5).MMI Net incorne 749.320 1.526.624 This pw docs noi fom part of thc financial sthtcmcnts Page 15