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2025-12-31-accounts

REGISTERED COMPANY NUMBER: 8259045 (England and Wales) REGISTERED CHARITY NUMBER: 1151706

REPORT OF THE TRUSTEES AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

ILKLEY COMMUNITY ENTERPRISE LIMITED

Thomas Coombs Limited Statutory Auditor Chartered Accountants 3365 The Pentagon Century Way Thorpe Park Leeds West Yorkshire LS15 8ZB

ILKLEY COMMUNITY ENTERPRISE LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

Page
Report of the Trustees 3 to 12
Report of the Independent Auditors 13 to 16
Consolidated Statement of Financial Activities 17
Consolidated Statement of Financial Position Consolidated & Charity 18
Consolidated Statement of Cash Flows 19
Notes to the Statement of Cash Flows 20
Notes to the Financial Statements 21 to 32
Detailed Statement of Financial Activities 33 to 34

ILKLEY COMMUNITY ENTERPRISE LIMITED

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31ST DECEMBER 2025

The Trustees are pleased to present their annual report together with the charity's financial statements for year ending 31st December 2025: these are also prepared to meet the Companies Act requirements for a director's report and accounts. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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

Our charity's purposes as set out in the objects contained in the company's Memorandum and Articles of Association, are:

To promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society.

The aims of our charity are to increase the levels of social and economic integration, independence and inclusion with a particular focus on people with learning disabilities and the elderly.

Principal activities

Our principal activities, in support of our aims and objectives, are as follows:

We also use grant or donated income to deliver specific projects and initiatives aligned with our overall objectives.

Public benefit

The Trustees have referred to the Charity Commission s guidance on public benefit when reviewing the charity's aims and objectives and in planning its current and future activities to achieve those objectives and aims. The Trustees believe that the charity is creating substantial public benefit through the services and activities it provides to people with learning disabilities and to older people, their support networks and the wider local community. Enabling greater independence, delivering new opportunities, supporting people in our client communities to have more fulfilled, healthier and inclusive lives as well as our work with employers, community groups, public bodies and local residents, provides clear and tangible public benefits, entirely in line with the charity's purpose, aims and objectives.

Our approach and values

As a registered charity and social enterprise, we work to deliver our charitable objects through our business operations: our trading activities generate the substantial majority of our income, and we reinvest any profits that we make back into our social mission and our community. We were founded by, and remain deeply rooted in our local community, nurturing links across the communities in which we work. We develop and leverage our community links to enhance opportunities and improve the inclusion, health and wellbeing of our clients and members, helping to deliver better lives for more people.

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ILKLEY COMMUNITY ENTERPRISE LIMITED

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31ST DECEMBER 2025

Central to our approach to delivering our charitable objectives is the design and delivery of the highest quality services, products and opportunities for our members, clients, volunteers, customers and our local community. We recognise and value the contribution that can be made by all and are committed to treating everyone regardless of ability, age, gender, experience, status, faith or ethnic group with respect and to providing a positive, supportive and welcoming environment across all our business operations.

Our core values, informing and underpinning all that we do, are as follows:

'Can do' - having a positive approach, taking responsibility, celebrating success and challenging when needed Respect - always showing regard for the feelings and rights of others

Inclusion - friendly and welcoming to the whole community Quality - delivering the highest standards in all our services and products Progression - committed to helping others to learn, develop and fulfill their potential Enterprising - being creative, ambitious and bold in working to deliver our vision and purpose.

Overview of the year

The charity has had another successful year: whilst it has not been without challenges, in 2025 we achieved further growth, reach and impact across our operations, meaning that we positively changed the lives of more vulnerable people, remaining financially stable and sowing the seeds for future investment in the charity.

Some of our highlights and key achievements included:

Page 4

ILKLEY COMMUNITY ENTERPRISE LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025

Significant activities

We deliver our purpose through a number of operations. This year, these have included:

Outside the Box Community Café

Awarded Best Café 2025 award in the Ilkley Business Awards, our inclusive community café continued to be a popular and highly valued place for customers and local groups. We have also developed our profile as an events venue with a wide range of celebrations, meetings, classes and events being hosted by the café and at The Arcade. Alongside this, the café continued to provide the key setting for delivery of our Working Life service, supporting our members to gain work experience, employability skills, to develop their confidence, social skills and to be highly visible in the local community. This unique and award-winning model continued to receive glowing feedback from customers and delivered real impact on our OTB members.

loves her time at OTB. Thank you for creating an amazing place enabling her to grow in confidence, develop many skills, make friends and develop social skills in a friendly, caring and, all(parent)

Outside the Box Member Services (OTB Choices)

Our portfolio of education, training, work experience and supported opportunities for people with a learning disability and/or autism (our members) helped more than ever from our client community to lead more independent, fulfilled and healthy lives. Delivered by our team of tutors and Support Workers, supported by service management, OTB Choices provided an extensive range of courses, workshops and projects spanning health and wellbeing, the world of work, visual and performing arts and skills development to members from across the local area, including from Bradford, Leeds and North Yorkshire local authority districts.

Showcasing the achievements and capabilities of our members formed a key part of our work over the year, including:

We continued to get consistently positive feedback from our OTB members and their families on the difference made by our service provision.

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ILKLEY COMMUNITY ENTERPRISE LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025

Carers and Companions

Through this wholly owned and controlled subsidiary business, we deliver homecare and support to elderly people and people with health conditions, physical and learning disabilities. During 2025 we continued to build on our Care Quality Commission (CQC) rated 'outstanding' care quality and market-leading reputation, delivering excellent care and support to those in need in our local community. Our team of highly committed and skilled Community Carers provided much valued care and support to many elderly people, enabling them to continue living in their own homes as independently and healthily as possible.

Our Independent Living Service (ILS) team provided home and community support to clients, helping adults with a learning disability to move into and thrive in their own supported independent living homes, pursue their life goals and be active, safe and involved in an extensive range of community activities. During 2025, we continued to achieve growth in this service, with families actively choosing us to deliver support to their loved ones.

Workforce and volunteers

During 2025, through the delivery of business targets, we have continued to create new employment opportunities and to safeguard the jobs of our employees. As our services have expanded so our staff team has also grown and we now employ 60 people, many of them local residents of Ilkley and the surrounding we offer highly competitive terms, flexibility together with extensive training, development and employee support.

We could not achieve the success we have without the commitment of our employees and our community volunteers. Our diverse team of volunteers has grown over the period, and we have continued to benefit from the rich mix of skills, expertise and time provided to us by our volunteers. We had over 30 regular community volunteers providing circa. 4,000 volunteer hours to the charity in 2025, a sizable and very much valued contribution to our work.

We thank all our employees for their continued commitment and contribution to the work of the charity and express our sincere appreciation to our volunteers for providing their time, skills and experience to our charity.

PLANS FOR FUTURE PERIODS

of living and inflationary pressures and the severe financial constraints on local authorities including social care budgets, rising operational and employer costs, more complex service demand and regulatory changes, are all impacting the charity, as well as the sector as a whole. Moreover, our experience during 2025 has been that recruitment, both of staff and volunteers, has become increasingly demanding, with cost pressures on salaries, competition for talent and a significant downturn in levels of volunteering/regular volunteering (63% of small UK charities report difficulty in recruiting volunteers) from pre-pandemic levels.

In response to these challenges we remain focused on rigorous budget management, strong governance and a proactive approach to income growth and diversification, alongside a consistent focus on best quality and impactful services for the people that we serve.

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ILKLEY COMMUNITY ENTERPRISE LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025

Specific plans include:

Ensuring that we maintain high quality in our service delivery, are able to clearly evidence our impact and retain a focus on a person-centred approach that is enabling and empowering of our clients and members, will be ongoing priorities.

As with many in the charity and social enterprise sector, we continue to face real challenges including a dynamic operating environment, recruitment difficulties and rising operational costs. These pressures require us to be ever more agile, efficient and innovative. The creativity, resilience and determination that were defining features of both the origins of the charity and our last 12 years of operation, will continue to underpin our work: ensuring our sustainability, growth and positive place and impact in our local community.

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ILKLEY COMMUNITY ENTERPRISE LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025

FINANCIAL REVIEW

Financial Review

The charity, through the meticulous management of our cashflow, substantial success in securing grant and other funding and continuing service delivery through Outside the Box and Carers and Companions, generated a small surplus on unrestricted funds. Net surplus for the year was £21,016 including a net surplus of £23,318 on unrestricted funds and net deficit of £2,302 on restricted funds. Unrestricted reserves were £356,615 at year end.

The major expenditure of the charity related to: the operation of Outside the Box (Café, Working Life and Choices); service delivery by Carers and Companions; and investment into the maintenance and refurbishment of The Arcade premises.

Principal funding sources

The main income streams for the charity comprised: trading income from OTB cafe; fee income for OTB member services; grant funding; and contributed trading income from Carers and Companions. Other income was from a number of sources including grants, corporate and individual donations.

Investment policy and objectives

Aside from retaining a prudent level of reserves each year, the charity's funds will be invested in activities to further the objects as set out in our Memorandum and Articles of Association. The Board is committed to reinvesting any surplus funds and will on an annual basis, as part of business planning, review the charity's investment priorities and agree relevant investments to meet identified needs and opportunities aligned to our objects.

Reserves policy

The charity implements a reserves policy, agreed by the Board, that addresses the main risks to the organisation, ensures that unrestricted funds and operating surpluses are maintained at a sufficient level to enable activities to be continued at a sustainable level in the event of significant changes in our business operation.

The Trustees, taking account of Charity Commission guidance, a reasonable period of trading costs, wind up The upper level is set at £180,000 representing the projected unrestricted funds that the charity requires, based on a review of the budget for the forthcoming year and the risks associated with the delivery of that budget.

As at the year end free reserves, which are calculated as unrestricted reserves less fixed assets and long term funding (over 1 year) and the Charity Bank account as noted below, are £143,632. The Trustees consider that these reserves are within the target range and are adequate to meet the forthcoming obligations of the charity.

In line with our loan agreement with The Charity Bank, we retain £15,000 in a Charity Bank account.

Going concern

The Trustees and management team continually monitor performance, forecasts, anticipated cash flows and funding levels together with the political and economic environment, in order to manage the charity's future expenditure against its income, and ensure it remains able to meet its commitments. Having considered this the Trustees are of the opinion that the charity will remain viable for the foreseeable future.

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ILKLEY COMMUNITY ENTERPRISE LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025

Supporters and donors

We thank all those organisations who have provided us with financial support over the year including the following: The National Lottery Reaching Communities Fund; the ASAMMA Charitable Trust; and The Graham and Diane Smith Charitable Trust.

We also thank all those who have made private donations to the charity. Your support is sincerely appreciated.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The organisation is a charitable company limited by guarantee, incorporated on 18 October 2012 and registered as a charity on 19 April 2013. The company was established under a Memorandum and Articles of Association identifying the objects and powers of the company and is governed by this document.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Board

The Directors of the company are also charity Trustees for the purposes of charity law and comprise the Board for the charitable company. All Directors/Trustees give their time voluntarily and receive no benefits from the charity.

The following changes in Trustees/Directors occurred in period:

Appointments

Andrew Howarth January 2026

Resignations None

The Board is well represented in terms of the expertise and skills necessary to effectively lead and manage the charity with our Trustee Directors providing a broad knowledge and skills base. This includes:

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ILKLEY COMMUNITY ENTERPRISE LIMITED

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31ST DECEMBER 2025

The Board is supported by our CEO, Louise Hale. One of the founders of the charity, Louise is highly qualified (MBA, PGCE in Adult Education) with over 40 years' experience in strategic, operational and consultancy roles in post-16 education, training and employment, business development, regeneration, research and competitive tendering and funding.

We are committed to maintaining a broad and appropriate skills mix on the Board and to ensuring a diversity of membership that adequately reflects our overall business, the scope of our services and the needs of our members, volunteers, customers and stakeholders. Trustee opportunities are communicated through open recruitment, networking and invitation and appointments are approved at Board meetings in

Management and Structure

The Board is responsible for the strategic direction, leadership, management and policy of the charity. The Board is supported by the charity's Chief Executive Officer and an Accountant and Company Secretary (paid, part-time). The Board meets monthly and uses sub-groups e.g. finance, project development, quality, to support delivery of strategic and operational priorities with the charity's management team. The Chief Executive Officer and Business/Service Managers work to agreed levels of delegated authority reporting to the Board on a monthly basis.

We monitor, and revise as appropriate, our organisational structure and staffing to ensure that we have the right resources, skills and expertise to fully deliver our charitable objects.

Induction and training of new trustees

Trustees are familiar, through their involvement with other charitable organisations and practical involvement with the charity, with both the obligations of Board members and the detailed operations of the charity. New Trustees are provided with appropriate induction and training and an annual review is implemented to identify and agree action to address training and support needs of all Board members.

Page 10

ILKLEY COMMUNITY ENTERPRISE LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Related parties

The charity has a loan agreement with the Graham and Diane Smith Charitable Trust (G&DSCT), relating to the purchase of The Arcade premises.

Risk management

The Trustees have a risk management strategy that comprises:

The Board, at its monthly meetings, reviews safeguarding risks and issues, the currency of accreditations and training for relevant risks including health and safety, food hygiene and information security. These risks are managed by ensuring accreditation is up to date, having robust policies and procedures in place, and regular training for staff and volunteers working in all relevant operational areas.

The Trustees also manage general financial risks arising, ensuring that: prudent budgets are set; strong financial controls are in place; regular management accounts are provided showing performance against budget; and contingencies are in place for actions to be taken if income targets are at risk.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

8259045 (England and Wales)

Registered Charity number

1151706

Registered office

Outside the Box Cafe The Arcade South Hawksworth Street Ilkley LS29 9DY

Company Secretary

Ms J Kendall

Auditors

Thomas Coombs Limited Statutory Auditor and Chartered Accountants 3365 The Pentagon Century Way Thorpe Park Leeds West Yorkshire LS15 8ZB

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ILKLEY COMMUNI￿ ENTERPRSE LIMITED REFERENCE AND ADMINISTRATIVE DETAIiS Acknowled8ments The work and athievements of the charity would not be possible without the advice. support and generosity of many individuals, groups and organisations. We wish to express our thanks and appreciation for all those who support us. STATEMENTOF TRUSTEES, RESPONSIBIUTIES Company law requires the Board to prepare financial st3tements for each financial year that give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources. including income and expenditure forthe financial year. In preparingthe financial statements, the Trustees are required to: Select suitable accounting polioes and then apply them consistentlyi Observe the methods and prinaples in the Charilie5 SORP.. Make judgements and estimates that are reasonable and prudent,. State whether applicable UK accounting standards have been followed. subject to any material departures disclosed and explained in ihe financial statements,- and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charilv will continue in business. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any tiwne the financial p051tlon of ihe charlry and to enable them TO ensure ThaT Ihe financial statements comply with the Companies Act 20(kS. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detertion of fraud and other irreRularities. The Trustees are responsible for the Maintenan￿ and integrfcy of the corporate and financial information. AuD￿ORs The auditors, Thomas Coombs Limited. will be proposed for re-appointment at the forthcoming Annual General Meeting. Approved oft of Trusteès ttn 24, June 2026 and signed on its behalf by.. (TrLrteel Pago 12

ILKLEY COMMUNITY ENTERPRISE LIMITED

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ILKLEY COMMUNITY ENTERPRISE LIMITED

Opinion

We have audited the financial statements of Ilkley Community Enterprise Limited (the 'charitable company') and its subsidiaries December 2025 which comprise the Consolidated Statement of Financial Activities, the Consolidated Statement of Financial Position, the Charity Statement of Financial Position, the Consolidated Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group and charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ILKLEY COMMUNITY ENTERPRISE LIMITED

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the group and charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ILKLEY COMMUNITY ENTERPRISE LIMITED

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Extent to which the audit was capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below

We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our knowledge of the business and sector, enquiries of directors and management, and review of regulatory information and correspondence. We communicated identified laws and regulations throughout the audit team and remained alert to any indication of non-compliance through the audit.

We discussed with directors and management the policies and procedures in place to ensure compliance with laws and regulations and otherwise prevent, deter and detect fraud.

Based on this understanding we designed our audit procedures to identify non-compliance with such laws and regulations identified as potentially having a material effect on the financial statements. Our procedures included review of financial statement information and testing of that information, enquiries of management and examination of documents, analytical procedures to identify unusual or unexpected relationships that may indicate fraud, and procedures to address the risk of fraud through director or management override of controls.

At the completion stage of the audit, the engagement partner's review included ensuring the audit team had approached their work with appropriate professional scepticism and thus the capacity to identify non-compliance with laws and regulations and fraud.

The primary responsibility for the prevention and detection of fraud rests with those charged with governance and management, and we cannot be expected to detect non-compliance with all laws and regulations. There are inherent limitations in the audit procedures described above and the further removed non-compliance of laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. In addition, the risk of not detecting a material misstatement relating to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

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REPORT OF THE INDEPENDENT AUDITORSTOTHE MEMBERS OF ILKLEY COMMUNITY ENTERPRISE LIMITED ofour rawl This report is rnade solety to the charitable company's mernbeTS, as a bodyp in aC￿rdaTh￿ with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might gtate to the charitable company's Members those matiers we are required to state io them in an auditors, report and for no other purpose. To the fullesr exreni permitted by law. we do not accept or responsibility to anyone other rhan rhe charitable company and the charitable company's members as body, for our audit work. forthi5 report. or forthe opinion5 we have fortned. Christopher DapNin FCA15enior Statutory Audiiorl for and on behalf ofThomas Coombs Limited sratutory Auditor Chartered Accountants 3365 The PenI￿on Centuryway Thorpe Park Leeds West Yorkshire LS15 8ZB 25 June 2026 Page 16

ILKLEY COMMUNITY ENTERPRISE LIMITED

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2025

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Grants and donations
2
6,700
Charitable activities
3
Charitable activities
1,613,914
Total
1,620,614
EXPENDITURE ON
Charitable activities
4
Charitable activities
1,597,296
NET INCOME/(EXPENDITURE)
23,318
RECONCILIATION OF FUNDS
Total funds brought forward
333,297
TOTAL FUNDS CARRIED FORWARD
356,615		 2025
2024
Restricted
Total
Total
funds
funds
funds
£
£
£
102,996
109,696
170,974
-
1,613,914
1,383,953
102,996
1,723,610
1,554,927
105,298
1,702,594
1,439,657
(2,302)
21,016
115,270
2,302
335,599
220,329
-
356,615
335,599		 2025
2024
Restricted
Total
Total
funds
funds
funds
£
£
£
102,996
109,696
170,974
-
1,613,914
1,383,953
102,996
1,723,610
1,554,927
105,298
1,702,594
1,439,657
(2,302)
21,016
115,270
2,302
335,599
220,329
-
356,615
335,599
115,270
220,329
335,599

The notes form part of these financial statements

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ILKLEY CthMMUNITY ENTERPRISE UMITED CONSOLIDATED STATEMENT OF FINANCIAL POSlnON 31ST DECEMBER 2025 Gr•up zrity 2025 2024 2025 2024 Not•5 FIXED ASSErs Tangl￿+ assets Invq5trnenrs 475,075 531,982 472.595 527,G20 13 475,075 531.982 472.YJ5 527.020 CURRENfASSErs Stoeks Oebto Cash at bank 14. 15 4,259 143,369 4,312 141,743 172.614 4.312 181045 137,785 188,312 143 273 329202 318,669 335,B44 324.142 CREDirops Amounts fallingdueTrMthin oneyear 16 I170￿70} 1182,5951 1178,8861 1188.1431 NETCURRENfASS￿S 136.074 156.958 135,999 TOTALLSSE15 LESS CURREKf UABILinES 6J8,707 668.056 629,553 663.019 CREoifoR5 Amounts falling du• after more than on• year 17 1277m21 1332.4571 1277.0921 1332,457) NET ASSE75 335,599 35Wi 330,562 fUNDS 31 Unrestricted f¥nds Re5friLted fvnds 356ffi15 333.297 2.302 35Wi 328,260 2.Y)2 TOTAL FUNDS CARRIED FORWARD 335,599 351461 330.562 These financial staterTnts have bvn prepared in accordancewith the prov&5ors appllcabk to charttab￿ companie5 5ubje¢tto the small companie5 regirnè. atements were appr¢)ved by the Board 0fTr￿teeS and outhorisd for ￿u? on 24th June 2026 and wer4 siened on its Gr mrfth (Chalrl ste The notesfomi part of th•setlnanclal steni#nts Pale 18

ILKLEY COMMUNITY ENTERPRISE LIMITED

CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST DECEMBER 2025

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
Cash flows from financing activities
Bank loan repayments in year
Other loan repayments in the year
Net cash used in financing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning of
the reporting period
Cash and cash equivalents at the end of the
reporting period		 2025
£
89,065
(16,865)
72,200
(3,699)
(3,699)
(19,541)
(40,000)
(59,541)
8,960
172,614
181,574		 2024
£
134,251
(19,728)
114,253
(16,338)
(16,338)
(17,936)
(40,000)
(57,936)
40,249
132,365
172,614

The notes form part of these financial statements

Page 19

ILKLEY COMMUNITY ENTERPRISE LIMITED

NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST DECEMBER 2025

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income/(expenditure) for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Interest paid
Decrease/(increase) in stocks
Decrease/(increase) in debtors
(Decrease)/increase in creditors
Net cash provided by operations		 2025
£
21,016
60,606
16,865
53
(1,626)
(7,849)
89,065		 2024
£
115,270
60,587
19,728
(122)
(60,439)
(773)
134,251

2. ANALYSIS OF CHANGES IN NET DEBT

At 1/1/25
Cash flow
At
£
£
Net cash
Cash at bank
172,614
8,960
172,614
8,960
Debt
Debts falling due within 1 year
(59,638)
4,176
Debts falling due after 1 year
(332,457)
55,365
(392,095)
59,541
Total
(219,481)
68,501		 31/12/25
£
181,574
181,574
(55,462)
(277,092)
(332,554)
(150,980)

The notes form part of these financial statements

Page 20

ILKLEY COMMUNITY ENTERPRISE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements 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 the historical cost convention, with the exception of investments which are included at market value.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Going concern

At the time of signing these accounts, having considered the economic climate, the Trustees expectations and intentions for the next 12 months, and the availability of working capital, the Trustees are of the opinion that the charity will remain viable for the foreseeable future and accordingly these financial statements have been prepared on the going concern basis.

Preparation of consolidated financial statements

The consolidated financial statements include the results of the charity and its subsidiary undertaking drawn up to the reporting date. All intra-group transactions, balances, income and expenses are eliminated on consolidation.

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 received and the amount can be measured reliably.

- Incoming resources with related expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA.

- Client fee income

Members are invoiced at the end of each month for services used during that month, and recognised in the accounts in that month.

- Grants and donations

Grants and donations are included in the SoFA when the charity has unconditional entitlement to the resources.

- Contractual income and performance related grants

This is only included in the SoFA once the related goods or services have been delivered.

- Grants with performance conditions

Where the charity receives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the specified service or output has been met.

- Grants payable without performance conditions

These are only recognised in the accounts when a commitment has been made and there are no conditions to be met. Grants are released in line with the expenditure that meets the conditions of the grant. Where grants include the acquisition of fixed assets, the fixed assets are written off fully in line with the grant release.

- Tax reclaims on donations and gifts

Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they relate.

continued...

Page 21

ILKLEY COMMUNITY ENTERPRISE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

1. ACCOUNTING POLICIES - continued

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 economic 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.

Goodwill

Goodwill, being amounts paid in connection with business acquisition, is amortised evenly over its estimated life of 4 years.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Long leasehold 10 83 years Fixtures & fittings 3 years Computer equipment 3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance 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.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Donated goods

- Gifts in kind

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable.

- Donated services and facilities

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.

- Volunteer help

continued...

Page 22

ILKLEY COMMUNITY ENTERPRISE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

1. ACCOUNTING POLICIES - continued

Financial instruments

The company only enters into liabilities; these include trade and other debtors and creditors, bank balances, loans from banks and other third parties, contractual provisions of the instrument.

Basic financial assets (other than those classified as payable within one year) are initially measured at cost and are subsequently carried at cost or amortised cost using the effective interest method, less any impairment losses. Basic financial assets classed as receivable within one year are not amortised.

Basic financial liabilities (other than those classified as payable within one year) are initially measured at present value of future cash flows and subsequently at amortised cost using the effective interest method. Basic financial liabilities classed as payable within one year are not amortised.

Financial assets and liabilities are offset, with the net amount reported in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Investments

Fixed asset investments are stated at amortised cost.

Individual Income Statement

As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements

2. GRANTS AND DONATIONS

Donations and legacies
Grants
Grants received, included in the above, are as follows:
BMDC
Access to work
National Lottery		 Group
2025
2024
£
£
19,100
26,680
90,596
144,294
109,696
170,974
Group
2025
2024
£
£
-
7,000
-
4,280
90,596
133,014
90,596
144,294		 Group
2025
2024
£
£
19,100
26,680
90,596
144,294
109,696
170,974
Group
2025
2024
£
£
-
7,000
-
4,280
90,596
133,014
90,596
144,294
144,294

continued...

Page 23

ILKLEY COMMUNITY ENTERPRISE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

3. INCOME FROM CHARITABLE ACTIVITIES

Café - Takings
Members income
Carers and companions
Other income
4.
CHARITABLE ACTIVITIES COSTS
Charitable activities
5.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Direct costs
Overheads
Depreciation
Interest
6.
SUPPORT COSTS
Charitable activities
Support costs, included in the above, are as follows:
Auditors' remuneration
Auditors' remuneration for non audit work		 Direct
Costs (see
note 5)
£
1,691,044		 Group
2025
2024
£
£
184,599
196,152
436,620
380,388
991,977
807,413
718
-
1,613,914
1,383,953
Support
costs (see
note 6)
Totals
£
£
11,550
1,702,594
Group
2025
2024
1,351,494
1,163,859
262,078
184,483
60,607
60,587
16,865
19,728
1,691,044
1,428,657
Governance
costs
£
11,550
2025
2024
Charitable
Total
activities
activities
£
£
11,550
11,000
-
-
11,550
11,000

continued...

Page 24

ILKLEY COMMUNITY ENTERPRISE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

7. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Auditors' remuneration
Auditors' remuneration for non audit work
Depreciation - owned assets		 Group
2025
2024
£
£
11,550
11,000
-
-
60,607
60,587

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st December 2025 nor for the year ended 31st December 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st December 2025 nor for the year ended 31st December 2024.

9. STAFF COSTS

Group
20252024
££
Wages and salaries
1,083,336
928,114
Social security costs
102,350
59,300
Other pension costs
20,665
17,252
1,206,350
1,004,666		 Charity
20252024
££
323,307
341,389
71,951
39,306
14,681
11,016
409,939
391,710		 Charity
20252024
££
323,307
341,389
71,951
39,306
14,681
11,016
409,939
391,710
391,710

The average monthly number of employees during the year was as follows:

Service delivery staff
Support staff		 Group
2025
55
4
59
2024
55
2
57

No employees received emoluments in excess of £60,000.

The charity considers the key management personnel of the charity (in addition to the Trustees) to be the Chief Executive Officer (CEO), and the 5 Heads of Service lines.

Payments were made to the personal company of the CEO in relation to services provided to the charity in that role in the sum of £58,000 (2024: £54,770). Remuneration paid to the Heads of Service lines, inclusive of employers social security and pension contributions, amounted to £161,974 (2024: 139,514).

continued...

Page 25

ILKLEY COMMUNITY ENTERPRISE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

10.
COMPARATIVES FOR THE CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
2024
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
7,680
Charitable activities
Charitable activities
1,383,953
Total
1,391,633
EXPENDITURE ON
Charitable activities
Charitable activities
1,267,377
NET INCOME/(EXPENDITURE)
124,256
RECONCILIATION OF FUNDS
Total funds brought forward
209,041
TOTAL FUNDS CARRIED FORWARD
333,297
11.
INTANGIBLE FIXED ASSETS
Charity and Group
COST
At 1st January 2025 and 31st December 2025
AMORTISATION
At 1st January 2025 and 31st December 2025
NET BOOK VALUE
At 31st December 2025
At 31st December 2024		 2024
2024
Restricted
Total
funds
funds
£
£
163,294
170,974
-
1,383,953
163,294
1,554,927
172,280
1,439,657
(8,986)
115,270
11,288
220,329
2,302
335,599
Goodwill
£
1,260
1,260
-
-

Intangible asset cost represents the original cost of goodwill acquired on the acquisition of businesses to further the charities activities. The cost has been fully amortised through the accounts subsequent to acquisition

continued...

Page 26

ILKLEY COMMUNITY ENTERPRISE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

12. TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
Group
COST
At 1st January 2025
Additions
At 31st December 2025
DEPRECIATION
At 1st January 2025
Charge for year
At 31st December 2025
NET BOOK VALUE
At 31st December 2025
At 31st December 2024		 Long
leasehold
£
836,447
-		 Fixtures
and
Computer
fittings
equipment
£
£
107,140
7,721
1,671
2,028		 Totals
£
951,308
3,699
836,447
316,243
51,085
367,328
469,119
520,204		 108,811
96,975
7,382
104,357
4,454
10,165		 9,749
6,108
2,140
8,247
1,502
1,613		 955,007
419,326
60,606
479,932
475,075
531,982

Charity

Charity fixed assets are as above except with respect to Fixtures and fittings and Computer equipment, for which additions in the year were as above, depreciation £5051 and £1991 and Net Book value at 31[st] December 2025 £2,121 and £1,352 respectively.

13. FIXED ASSET INVESTMENTS

There were no investment assets outside the UK.

The company's investments at the balance sheet date in the share capital of companies include the following:

Carers and Companions Limited

Registered office: England & Wales Nature of business: Homecare and independent living services

%
Class of share: holding
Ordinary 100
2025 2024
£ £
Aggregate capital and reserves 15,643 18,037
Profit/(Loss) for the year (883) 10,689

The cost of the original acquisition of Carers and Companions Limited of £169,000 has been wholly amortised through the accounts subsequent to acquisition

continued...

Page 27

ILKLEY COMMUNITY ENTERPRISE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

13. FIXED ASSET INVESTMENTS (ctd)

The summary financial performance of the subsidiary is shown below:

Turnover
Cost of Sales and Administrative expenses
Net Profit
Amount gift aided to the charity
Retained in the subsidiary
The assets and liabilities of the subsidiary were:
Fixed and Current Assets
Current Liabilities
Total Net Assets
Aggregate share capital and reserves		 2025
£
991,977
991,360
617
1,500
(883)
133,408
(117,765)
15,643
15,643		 2024
£
807,513
730,635
76,878
66,185
10,693
140,097
(122,060)
18,037
18,037
14.
STOCKS
Stocks
15.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Amounts owed by group undertakings
Prepayments and accrued income		 Group
2025
£
65,356
-
78,013
143,369		 2024
£
76,505
-
65,238
141,743		 Charity and Group
2025
2024
£
£
4,259
4,312
Charity
2025
2024
£
£
18,436
27,288
137,570
127,014
32,306
27,747
188,312
182,045

continued...

Page 2

ILKLEY COMMUNITY ENTERPRISE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group Charity

2025
£
Bank loans and overdrafts (see note 18)
15,462
Other loans (see note 18)
40,000
Trade creditors
68,999
Social security and other taxes
24,671
VAT
2,805
Other creditors
-
Accruals and deferred income
18,633
170,570
17.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Bank loans (see note 18)
Other loans (see note 18)
18.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Charity Bank loan
Nat West Bank loan
G & D Smith Charitable Trust loan
Amounts falling between one and two years:
Charity Bank loan
Nat West Bank loan
G & D Smith Charitable Trust loan
Amounts falling due between two and five years:
Charity Bank loan
Nat West Bank loan
G & D Smith Charitable Trust loan		 2024
£
19,638
40,000
74,491
20,416
3,310
-
24,740
182,595

 2025
2024
£
£
15,462
19,638
40,000
40,000
88,650
97,928
20,419
16,267
2,805
3,310
-
-
11,550
11,000
178,886
188,143
Charity and Group
2025
2024
£
£
197,092
212,457
80,000
120,000
277,092
332,457
Charity and Group
2025
2024
£
£
10,188
8,990
5,274
10,648
40,000
40,000
55,462
59,638
11,086
9,683
-
4,998
40,000
40,000
51,086
54,681
38,346
34,490
-
-
40,000
80,000
78,346
114,490		 2025
2024
£
£
15,462
19,638
40,000
40,000
88,650
97,928
20,419
16,267
2,805
3,310
-
-
11,550
11,000
178,886
188,143
Charity and Group
2025
2024
£
£
197,092
212,457
80,000
120,000
277,092
332,457
Charity and Group
2025
2024
£
£
10,188
8,990
5,274
10,648
40,000
40,000
55,462
59,638
11,086
9,683
-
4,998
40,000
40,000
51,086
54,681
38,346
34,490
-
-
40,000
80,000
78,346
114,490
59,638
9,683
4,998
40,000
54,681
34,490
-
80,000
114,490

continued...

Page 29

ILKLEY COMMUNITY ENTERPRISE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

18. LOANS - continued

18.
LOANS - continued
Charity and Group
2025 2024
£ £
Amounts falling due in more than five years:
Repayable by instalments:
Charity Bank loan 147,660 162,280

Bank loans consist of a mortgage loan from the Charity Bank towards the acquisition of Victoria Arcade, the charity's leasehold property, and a Nat West bounce back loan, to assist working capital during the Covid pandemic.

The Charity Bank loan is repayable by instalments over 20 years, ending September 2038, bears interest at 3.5% above Bank of England base rate, and is secured as explained at note 20. A condition of the loan is to hold £15,000 in a bank account at the Charity Bank, which is included within Cash at Bank.

The Nat West loan is repayable by instalments over 5 years, ending June 2026 and bears interest at 2.5%.

Other loans represents a loan from The Graham and Diane Smith Charitable Trust. Further to a re-negotiation on 6th December 2023 the terms of the loan were amended and it is now repayable by instalments over 5 years ending December 2028, and bears no interest provided the repayment terms are met.

19. LEASING AGREEMENTS

The charity has lease commitments in relation to the underlying ground rent on its leasehold premise of £20,000 per annum, to expire June 2111.

20. SECURED DEBTS

The following secured debts are included within creditors:


Charity Bank loan		 Charity and Group
2025
2024
£
£
207,280
216,443

Secured loans consist of a loan from the Charity Bank, which is secured by a fixed and floating charge on the property of the charity, a deposit of £15,000 held at the Charity Bank, and other assets and undertakings of the charity.

21. MOVEMENT IN FUNDS - GROUP

Unrestricted funds
General fund
Restricted funds
National Lottery
Donations
TOTAL FUNDS		 Net
movement
At
At 1/1/25
in funds
31/12/25
£
£
£
333,297
23,318
356,615
2,302
(2,302)
-
-
-
-
2,302
(2,302)
-
335,599
21,016
356,615		 Net
movement
At
At 1/1/25
in funds
31/12/25
£
£
£
333,297
23,318
356,615
2,302
(2,302)
-
-
-
-
2,302
(2,302)
-
335,599
21,016
356,615
-
356,615

continued...

Page 30

ILKLEY COMMUNITY ENTERPRISE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

21. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 1,620,614 (1,597,296) 23,318
Restricted funds
National Lottery 90,596 (92,898) (2,302)
Donations 12,400 (12,400) -
102,996 (105,298) (2,302)
TOTAL FUNDS 1,723,611 (1,702,594) 21,016
Comparatives for movement in funds
Net
movement At
At 1/1/24 in funds 31/12/24
£ £ £
Unrestricted funds
General fund 209,041 124,256 333,297
Restricted funds
National Lottery 9,288 (6,986) 2,302
Donations 2,000 (2,000) -
11,288 (8,986) 2,302
TOTAL FUNDS 220,329 115,270 335,599
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 1,391,633 (1,267,377) 124,256
Restricted funds
Access to Work 4,280 (4,280) -
ASAMMA Charitable Trust 15,000 (15,000) -
National Lottery 133,014 (140,000) (6,986)
Donations 11,000 (13,000) (2,000)
163,294 (172,280) (8,986)
TOTAL FUNDS 1,554,927 (1,439,657) 115,270

continued...

Page 31

ILKLEY COMMUNITY ENTERPRISE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025

21. MOVEMENT IN FUNDS - continued

Restricted Donations represent funds received in respect of specific members of the charity to meet funding requirements for services delivered.

The National Lottery fund represents funds received under a 3-year award to meet specific service delivery projects, with an emphasis on health, well-being and employability.

22. RELATED PARTY DISCLOSURES

As described at note 18 included in the accounts is a loan from The Graham and Diane Smith Charitable Trust (TGDSCT) of £120,000. Graham Smith is a Trustee of the charity. The Loan is subject to a formal agreement approved by the Trustees and management.

Page 32