REGISTERED COMPANY NUMBER: 07528154 (England and Wales) REGISTERED CHARITY NUMBER: 1150296 ort of the Tru tees and Unaudited Financial Statements for the Year Ended 30 March 2025 for Leadin -Link AWS Accountancy Limited 3 Berrymoor Court Northumberland Business Park Cramlington Northumberland NE23 7RZ
Leadin -Link Contents of the Financial Staternents for the Year Ended 30 March 2025 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 8 to 14 Detailed Statement of Financial Activities 15
Leadin -Link Re ort of the Trustees for the Year Ended 30 March 2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims Leading Link exists to inspire, support and nurture young people to reach their full potential. Our key aims for the year were to: Deliver high-quality services and support for yOLAng people's emotional, social and educational development. Work collaboratively with schools and community groups to widen impact. Offer enterprise and volunteering opportunities that build confidence and employability. Significant activities Highlights from 2024125: Holiday Activities and Food Programme (HAF): Successfully delivered across all school holidays, engaging hundreds of children in fun. inclusive sessions with healthy meals. Linking Lives Programme: Provided mentoring and wellbeing support for vulnerable young people, with measurable improvements in confidence and engagement. Enterprise Activities.. Young people took part in creative enterprise initiatives, developing skills in planning, teamwork. and communication. Youth Leadership.. Our Youth Ambassador programme enabled young people to help design and lead activities, ensuring their voices shape our work. Residential Trip - Lake District (October 2024): A highly successful residential that supported team building, personal growth and new experiences in a natural setting. Blyth Carnival (July 2024): Leading Link coordinated a vibrant and inclusive community event, bringing together families, schools, artists, and volunteers in a celebration of local pride and culture. New Office Development.. The move to our new office base has been a valuable investment. Donations supported the transition, and the new premises now provide income through hire by local businesses for meetings and events. Community Events.. A range of seasonal and themed events were delivered throughout the year, offering accessible fun and connection for families and young people. Partnership Work: Continued strong collaboration with Northumberland and North Tyneside schools and services. Engagement with local authorities, funders, and community groups to broaden reach and sustainability. Contribution to regional youth strategy development through consultations and forums. Page 1
Leadin -Link ort of the Trustees for the Year Ended 30 March 202 FINANCIAL REVIEW Financial Review Income sources included local authority contracÉs, grant funding, enterprise initiatives, and donations. The chartty remains financially stable and is developing new earned-income opportunities through its office space and enterprise programmes. Reserves Policy: Our policy is to maintain unrestricted reserves covering 12 months of core costs. Current reserves meet this target. Reserves The Charity intends to maintain a positive cash flow and thus hold reserves to enable it to continue in the event of funding releases. FUTURE PLANS We aim to.. Extend our outreach to rural communities through mobile youth provision. Expand our school-based wellbeing and resilience support. Build on the success of the new office by growing income through room hire and enterprise activity. Launch new accredited training opportunities for young people. Look at new funding streams STRUCTURE, GOVERNANCE AND MANAGEMENT Goveming document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Trustee Updates Lee Watson joined the Board in 2024, adding valuable skills and energy. With the approval of the Charity Commission, James Palmer transitioned from Chair of Trustees to CEO in 2025. providing strategic and operational leadership. Potential trustees under consideration include Jonny Hall and Norman Lazenby, who bring experience in education, youth work and governan. Risk management The Board reviews risk regularly across safeguarding, finance, operations and reputation. Controls are in place, and staff are trained in all relevant areas, A risk register is maintained. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 07528154 (England and Wales) Registered Charity number 1150296 Registered office 16a Regent Street Blyth United Kingdom Northumberland NE24 1LP Page 2
Leadin -Link ort of the Trustees for the Year Ended 30 March 2025 Trustees Mrs M Gardner Civil Servant Mrs V H Judson Hr Director (resigned 4.2.25) Mr K Newman Pr Consultant Mr J H Palmer Coach (resigned 14.5.25> Mrs L A Poulter Teacher (resigned 14.11.24) Mr L Watson (appointed 14.5.25) Independent Examiner AWS Accountancy Limited 3 Berrymoor Court Northumberland Business Park Cramlington Northumberland NE23 7RZ Approved by order of the board of trustees on 20th August 2025 and signed on its behalf by: Mr K Newman - Trustee Page 3
Inde endent Examiner's Re ort to the Trustees of Leadin -Link Independent examiner's report to the trustees of Leading-Link ('the Company.) I report to the charity trustees on rny examination of the accounts of the Company for the year ended 30 March 2025. Responsibilitles and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your charity'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 examinerfs 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.. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act., or the accounts do not accord with those records., or 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 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by chartties (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Miss Amber-rose Rebair AWS Accountancy Limited 3 Berrymoor Court Northumberland Business Park Cramlington Northumberland NE23 7RZ Date: Page 4
Leadin -Link statement of Financial Activities for hey ar Ended 30 fdiarch 2025 30.3.25 Total funds 30.3.24 Total funds U nrestricted fund Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 3,990 3,990 2,292 Charitable activities Direct charitable expenditure Grants 4,500 124,337 128,837 452,703 Total 8,490 124,337 132,827 454,995 EXPENDITURE ON Raising funds 47.807 47,807 216,947 Charitable activities Direct charitable expenditure Depreciation of assets Loss on sale of fixed asset 516 9,027 7,168 161.123 161,639 9,027 7,168 180,871 8,058 Total 16,711 208,930 225,641 405,876 NET INCOMEI(EXPENDITURE) (8,221) (84,593) (92,814) 49,119 RECONCILIATION OF FUNDS Total funds brought forward 110,371 84,592 194.963 145,844 TOTAL FUNDS CARRIED FORWARD 102,150 (1) 102,149 194,963 The notes form part of these financial statements Page 5
Leadin -Link Balance Sheet 30 March 2025 30.3.25 Total funds 30.3.24 Total funds Unrestricted fund Restricted fund Notes FIXED ASSETS Tangible assets 17,944 17,944 29,603 CURRENT ASSETS Debtors Cash at bank and in hand 788 87.319 788 87,319 100 169,756 88,107 88,107 169,856 CREDITORS Amounts falling due within one year 10 (3,902) (3.902) (4,496) NET CURRENT ASSETS 84.205 84,205 165.360 TOTAL ASSETS LESS CURRENT LIABILITIES 102,149 102.149 194,963 NET ASSETS 102,149 102,149 194,963 FUNDS Unrestricted funds Restricted funds 102,149 110,371 84,592 TOTAL FUNDS 102,149 194,963 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicabSe to the charitable company. (b) The notes form part of these financial statements Page 6 continued...
Leadin -Link Balance Sheet - continued 30 PAarch 2025 These financial statements have been prepared in accordan with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on .2.0.th.AugM&t.2.025,,,....... and were signed on its behalf by.. Mr K Newman - Trustee The notes form part of these financial statements Page 7
Leadin -Link Notes to the Financial Statements for the Year Ended 30 March 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial staÉements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under thè historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be reiVed and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of econornic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings Motor vehicles Computer equipment 200/0 on cost 20 1 on cost 200/0 on cost Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordan with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 8 continued...
Leadin -Link Notes to the Financial Statements - continued for the Ye r Ended 30 March 2025 CHARITABLE ACTIVITIES COSTS Support costs (see note 3) Direct charitable expenditure Depreciation of assets Loss on sale of fixed asset 161,639 9,027 7,168 177,834 SUPPORT COSTS Governance costs Management Totals Direct charitable expenditure Depreciation of assets Loss on sale of fixed asset 158,181 9,027 7,168 3,458 161,639 9,027 7,168 174,376 3,458 177,834 NET INCOMEI{EXPENDITURE) Net incomel(expenditure) is ststed after chargingl(crediting)'. 30.3.25 30.3.24 Depreciation - owned assets Deficit on disposal of fixed assets 9.028 7,168 8,058 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 30 March 2025 nor for the year ended 30 March 2024. Trustees. expenses There were no trustees, expenses paid for the year ended 30 March 2025 nor for the year ended 30 March 2024. Page g continued...
Leadin -Link Notes to the Financial Statements - continued for the Year Ended 30 March 2025 STAFF COSTS 30.3.25 30.3.24 Wages and salaries 97,230 158,428 97.230 158,428 The average monthly number of employees during the year was as follows., 30.3.25 30.3.24 Employees No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 2,292 2,292 Charitable activities Grants 173,782 278,921 452,703 Total 176,074 278,921 454.995 EXPENDITURE ON Raising funds 165,621 51,326 216,947 Charitable activities Direct charitable expenditure Depreciation of assets 555 8,058 180,316 180,871 8,058 Total 174,234 231,642 405,876 NET INCOME 1,840 47,279 49,119 RECONCILIATION OF FUNDS Total funds brought forward 108.531 37,313 145,844 TOTAL FUNDS CARRIED FORWARD 110,371 84.592 194,963 Page 10 continued...
Leadin -Link Notes to the Financial Statements - continued for the Year Ended 30 March 2025 TANGIBLE FIXED ASSETS Fixtures and fittings Freehold property Motor vehicles ComputeT equipment Totals COST At 31 March 2024 Additions Disposals 7.168 2,744 4,537 30,000 10.167 50,079 4,537 (7,168) (7,168) At 30 March 2025 7.281 30,000 10,167 47,448 DEPRECIATION At 31 March 2024 Charge for year 2,468 1,057 10,000 6,000 8,008 1,971 20,476 9,028 At 30 March 2025 3,525 16.000 9,979 29,504 NET BOOK VALUE At 30 March 2025 3,756 14,000 188 17,944 At 30 March 2024 7.168 276 20,000 2,159 29.603 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.3.25 30.3.24 Other debtors Prepayments 100 788 788 100 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.3.25 30.3.24 Social security and other taxes Other creditors Accruals and deferred income 2,052 296 4,200 1.850 3,902 4,496 Page11 continued...
Leadin -Link Notes to the Financial Statements - continued for the Year Ended 30 March 025 11. MOVEMENT IN FUNDS Net movement in funds Al 31.3.24 At 30.3.25 Unrestricted funds General fund 110,371 (8,222) 102,149 Restricted funds General Fund 84,592 (84,592) TOTAL FUNDS 194,963 (92,814) 102,149 Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 8,490 {16,712) (8,222) Restricted funds General Fund 124,337 (208,929) (84,592) TOTAL FUNDS 132,827 (225,641) {92,814) Comparatives for movement in funds Net movement in funds At 31.3.23 At 30.3.24 Unrestricted funds General fund 108.531 1,840 110,371 Restricted funds General Fund 37.313 47,279 84,592 TOTAL FUNDS 145,844 49,119 194,963 Page 12 continued...
Leadin -Link es to the Financial Statements - continued f r the Year Ended 30 March 2025 11. MOVEMENT IN FUNDS- continued Comparative net movement in funds, included in the above are as follows: Incoming Resources resources expended Movement in funds Unrestricted funds General fund 176,074 (174,234) 1,840 Restricted funds General Fund 278,921 (231,642) 47,279 TOTAL FUNDS 454.995 (405.876) 49,119 A current year 12 months and prior year 12 months combined position is as follows.. Net movement in funds At 31.3.23 At 30.3.25 Unrestricted funds General fund 108,531 (6,382) 102,149 Restricted funds General Fund 37,313 (37,313) TOTAL FUNDS 145,844 (43,695) 102,149 A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 184,564 (190,946) (6.382) Restricted funds General Fund 403,258 (440.571) (37,313) TOTAL FUNDS 587,822 (631,517) (43,695) Page 13 continued...
Leadin -Link Notes to the Financial Statements - continued for the Year Ended 30 March 2025 12. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 30 March 2025. Page 14
Leadin -Link Detailed Statement of Financial Activitie for the Year Ended 30 March 2025 30.3.25 30.3.24 INCOME AND ENDOWMENTS Donations and legacies Donations 3,990 2,292 Charitable activities Grants 128,837 452,703 Total incoming resources 132,827 454.995 EXPENDITURE Other trading activities Project expenses and resources 47,807 216,947 Support costs Management Wages Rates and water Insurance Light and heat Telephone, postage & stationery Advertising & promotions Sundries Repairs,consumables & renewals Professional fees Travelling expenses Entertainment Waste removal and cleaning Fixtures and fittings Motor vehicles Computer equipment Loss on sale of tangible fixed assets 97,230 7,207 1,167 2,029 7,656 2,400 3,639 32,575 1,243 2,234 467 334 1,056 6,000 1,971 7,168 158,428 900 5,920 3,350 3,120 1,666 4,630 546 150 6.000 1,908 174,376 186,618 Governance costs Governance costs 3,458 2.311 Total resources expended 225,641 405,876 Net (expenditure)lincome (92,814) 49,119 This page does not fomi part of the statutory financial statements Page 15