RED ROSE RECOVERY LANCASHIRE ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Company Number: 08302102 Charity Number: 1152474
RED ROSE RECOVERY LANCASHIRE CONTENTS Page Trustees. Annual Report statement of Trustees, Responsibilities 10 Auditors Report 11 statement of Financial Activities 15 Balan Sheet 16 Statement of Cash Flows 17 Notes to the Financial Statements 18
RED ROSE RECOVERY LANCASHIRE TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 The Trustees are pleased to present their annual report for the year ended 31 $1 March 2025. The financial statements have been prepared in accordan with the charity's trust deed, the Charities Act 2011 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 published (FRS 102} (as amended for aGcounting periods commencing from 1st January 2019) and the Companies Act 2006. OBJECTIVES AND ACTIVITIES The charitable company's objectives are specifically restricted to the following for the community in Lancashire and the North of England: To relieve poverty, sickrless, and distress amongst offenders and those in recovery from addiction and their families by the provision of advice, information, training arjd support in accessing employment, enterprise and community-based opportunities including volunteerring. The aclvancement of health by the reduction or prevention of addiction and relapse for those in recovery, reduction of harm and offending. The advancement of education of the individual, organisations, and the community at large on issues of addiction, supporting sustainable recovery, reduction of harm and offending To promote such other charitable purposes as may from time to time be determined. Red Rose Recovery Lancashire (RRR) provides community-based opportunities for ex- offenders and people in recovery. Our provision recognises and builds on beneficiaries, gifts and skills. creating a positive environment for individuals, often viewed negatively, to move forward. Red Rose Recovery Lancashire can help people take up activities that contribute to their further development and to the life of their local communities - sometimes feeling a sense of worth and achievement for the first time. Red Rose Recovery Lancashire employs a staff team, including some in recovery, based in community settings and hosted within local voluntary groups across Lancashire and the North. Our core work involves coaching service users in addiction by utilising the skills of individuals with lived experience who deliver therapeutic support. We work in hospitals, in the community. in criminal justlGe settings and within primary care environments where Dur work is most effective. When planning our activities for the year. the trustees have considered the Charity Commission's guidance on public benefit. ACHIEVEMENTS AND PERFORMANCE FOR THE YEAR As we reflect on another extraordinary year at Red Rose Recovery Lancashire, we are both proud and humbled by what we have achieved together. Our mission: to create a vibrant, inclusive recovery community built on lived experience, peer support, and purpose, has never felt more urgent, nor more impactftjl. In a time of ongoing challenges for individuals, families, and communities affected by addiction, trauma, and social exclusion, Red Rose Recovery has continued to be a source of strength, innovation, and hope.
RED ROSE RECOVERY LANCASHIRE TRUSTEES, REPORT FOR THE YEAR ENDED 31¥f MARCH 2025 Thls year, we've expanded our reach, deepened our partnerships, and most importantly, continued to place people with lived experience at the heart of everything we do. From our recovery hubs to our lived experience workforce, and from new social enterprises to the powerful voices shaping system change. our worf< has grown in both depth and visibility. We've supported thousands of individuals on their recovery journeys, advocated for service transformation across the North of England, and showcased the undeniable value of peer-led, community-based approaGhes. None of this would be possible without our dedicated staff, volunteers, trustees, partners, and the many individuals who share their stories and strength with us every day. Your commitment drives the progress we celebrate in this year's review. As you read through this year's review, we hope you are as inspired as l am by the resilience, creativity, and courage on display. Together. we are not only changing lives, we are also changing systems. During the year we've Engaged 74,441 times with individuals in our community (Year end 2024.. 61,703) Delivered 3,136 projects and group sessions (Year end 2024: 3.145) Facilitated 28,295 attendances at our groups, projects & events (Year end 2024: 23,770) Achieved 277.254 Outcomes for the individual working with us (Year end 2024: 182,408) Supported 49.671 times with telephone calls. texts to sen11 users (Year end 2024: 37,933) Signposted 27,176 times to other seNices & organisations (Year end 2024: 21,080) Our amazing volunteers contributed over 4,000 hours of their time, providing peer support, group facilitation, help at community projects, and much more. Using the minimum wage as baseline, at £11.44 per hour for over 21's during 2024125, our volunteers contributed over £45,760 into our communities. We've seen some incredible outcomes from out work this year with individual hitting their 5 ways to wellbeing this many times Connect 45,046 Be Active 39,116 Take Notice 42,535 Learn 38,812 Give 35,838 And thousands of the people we work with achieving Life-changing & meaningfvl hard outcome such as 3,251 reporting stopping, or a reduction in Substance intake 223 supported with access to housing or independent living
RED ROSE RECOVERY LANCASHIRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 ST 1,017 reporting improved access to family, such as through social care fj29 helped into employment or self-employTnent 149 reducing contact and attendance with A&E and emergency services Our work in engaging and supporting beneficiaries in 202412025 has created a total social, health and economic cost saving of £13 for every £1 invested into Red Rose Recovery services. This is up from £12 in 2024, equivalent of £45m of benefit from only £3.5m invested into the charity. Based on research into Goslings on the public purse by NHS Improvement, the Dgpartmenf of Work & Pensions, Public H8alÉh England, Ihe Centre for Mental Health, the Home Office and the Ministry of Justice. 1. Contracts, Grants and Services Lancashire County Council Public Health Recovery Infrastructure Organisation {RlO) Commissioned by Lancashiie County Council's Public Health Team to deliver a Recovery Infrastructure Organisation. For us this means that we: Demonstrate visible recovery, and the various routes to this. Build and maintain a vibrant recovery community in Lancashire. Provide groups, projects, community events and volunteering opportunities for people in recovery to partioipate in. Support the Lancashire User Forum to provide service users in Lancashire a voice and use this to influence service design, to Trlebrate recovery. to educate the community and to reduce stigma. To manage the Building Recovery in Communities (BRIC) ftjnd to enable projects, for andlor supporting those in recovery to bid for public funds to kickstart their business. Change Grow Live (CGL) New You Service Working in partnership with CGL to engage individuals with substance misuse issues. Our team has demonstrated excellence in finding unknown substance users, raising awareness of CGL, supporting engagement in services, and working with complex service users who struggle to attend appointments. National Lottery Reaching Communities Our final year of Reaching Communities funding which provide vital infrastrLJCture support to the organisation. Community Mental Health Peer Support Contract Commissioned by Lancashire and South Cumbria's NHS Integrated Care Board, the service supports local CMHT'S across Lancashire and South Cumbria. Providing an integrated lived experience peer support service to beneficiaries struggling with their mental health. Liaison and Diversion, Guild Lodge and Reconnect NHS England Commissioned, sub-contracted by and delivered in partnership with Lancashire and South Cumbria NHS Foundation Trust (LSCFT), provides peer support across 9 Lancashire and South Cumbria police stations (Liaison and Diversion), 6 Prisons across the county (ReconneGt) and a Secure Medical Unit in Preston (Guild Lodge).
RED ROSE RECOVERY LANCASHIRE TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 RRR staff engage with those in the cells arriving for court, whilst in prison or whilst on inpatient wards and seek to engage and reintegrate them into community activities away from crime. Long Covid Peer Support Service Commissioned by LSCFT, our Long Covid servlce was extended until March 2025, before being decommissioned due to funding changes. During its operation, the team offered personalised. trauma-infoimed support to those dealing with the long-term effects of Covid-19. Clients were supported with tailored action plans. emotional support, and helped to acce5S benefits, healthcare. and community groups. Immediate Response Service {IRS) Commissioned by LSCFT, the IRS contract in East Lancashire provided rapid-response support to individuals experiencing short-term mental health crises. Staff offered practical help with housing, domestic abuse, addiction. and community reintegration. Lancashire County Council - Supplementary Substance Misuse and Treatment Recovery Grant (SSMTRG) Funding provided by the Office for Health Improvement and Disparities and man8ged by LCC Public Health, the grant provides substantial and additional recovery infrastructure to RRR through the funding of new roles in Dual Diagnosis, Harm Reduction, Offending and Training as well as capttal investment in the form of our new Preston Hub and community minibus transport. Changing Futures Changing Futures is a national initiative led by the Department for Levelling Up, Housing and Cornmunities, created to improve outcomes for adults facing multiple disadvantage, includin9 homelessness, substance misuse, mental ill health, and contact with the criminal justice system. With a £64 million investment over three years. the programme was designed not just to support individuals, but to drive long-term, systemic change across local services. In Lancashire, Red Rose Recovery plays a pivotal role in this work. Our teams in both Central and East Lancashire are made up of Navigators. Associate Navigators, and Peer Mentors, all of whom bring lived experienGe to the table. Their job is to walk alongside some of the most marginalised people in our communities, offering not only support but a genuine connection that help5 to rebuild trust in services that may have failed them in the past. Roots Community Commissioned by Blackburn with Darwen Public Health, and subcontracted by lead providers The Calico Group, we are one of a number of partners represented under the Spark collaborative. Roots Community is a forum advocating for recovery in the Blackburn-with-Datwen area. By bringing together individuals who have been affected by addiction alongside partner organisations in the recovery sector, the Community seeks to: empower and amplify the voices of people accessing services through the maxim 'nofhing aboul us wilhout us,; build recovery capital through the creation of training, development, volunteering and employment opportunities. develop positive, practical solutions to the systemic challenges faced by Community members.
RED ROSE RECOVERY LANCASHIRE TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 Roots Community is a sister organisation to the Lancashire User Forum, a pioneering collective which has grown since its inception in 2006 to become one of the largest forums of its kind in the UK. North Yorkshire Public Health - North Yorkshire Connected Spaces In partnership with North Yorkshire PubliG Health Commissioners. North Yorkshire Connective Spaces (NYCS) is Red Rose Recovery's growing reGovery initiative in North Yorkshire, designed to connect individuals, build resilience, and make recovery visible in a region where support can often feel fragmented and out of reach. NYCS provides a collective voice for the recovery community in North Yorkshire, bringing together people and groups from all walks of life to meet shared needs around wellbeing, addiction recovery, mental health and Social connects"on. It reflects a grassroots movement where lived experience leads. relationships matter, and communities are strengthened through mutual support. By hosting regular events and activities, NYCS creates opportunities for people to meet up, socialise, support one another, share ideas, and exchange resources. Whether through group sessions, one-to-one peer support or local partnerships, the project helps people build recovery capital,. the social, emotional and practical foundations that help recovery thrive. Project Frèe Project Free is a lived experience recovery initiative working across Greater Manchester, supporting adults with substance-related offending behaviour to rebuild their lives. The project empowers individuals to break free from addiction and criminality, using the strength of peer support and credible rose models to create lasting change. At Its core. Project Free offers more than just support, tt provides connection, purpose and belief. Led by a team of individuals with personal experience of both recovery and rehabilitation, the service delivers honest, empathetic support that resonates deeply with those it reaches. Through one-to-one guidan and community-based activity, the project helps people address not only substance use, but also the underlying trauma. social barriers and life circumstances that often drive offending behaviour. Bury Voluntary Community Faith & Alliance - Standing Together Grant This grant aims to enable Bury based voluntary, community, faith and sc)cial enterprise sector groups to deliver grassroots activities and projects that tackle community safety issues across the borough and raise awareness of hate Grime and how to report it Camurus Grant Camurus kindly granted RRR funds to cover the costs associated with our annual Drink and Drug News Conference trip, at which we take over 50 seNice users on an overnight trip to the conference. Community CVS Also contributed to the associated costs of the above DDN tnp, specifically for our Blackburn with DaNden service users engaged through our Roots seNiCe. Sport England Movement Fund - Active Recovery Grant Funding provided to support the delivery Of physical activity groups across Lancashire. Greater Manchester Combined Authority - Victims Capability and Capacity Fund Funding to support our Project Free service is working with victims of offenders.
RED ROSE RECOVERY LANCASHIRE TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 Lancaster Cominunlty Fund - Connection Lounge Grant Funding to support the creation and delivery of a 'connection lounge, out of our Lancaster Hub, with a focus of improving social connection and bringing the local Gommunity together, South Ribble Borough Council Funds to deliver community-based recovery groups across areas of South Ribble. FINANCIAL REVIEW Total income in the year was £3,750.520 (2024". £3,287,290) of which £652,683 (2024: £512,736) related to funding for projects upon which restrictions are placed. Total expenditure in the year was £3,484,307 {2024: £2,938,902), leaving a surplus for the year of £266,213 (2024.. surplus £348,388). At 31st March 2025 the charitable company's reserves stood at £1,721,044 (2024: £1.454,831) of which £32,713 (2024.. £36,950) represented restricted funds. RISK ASSESSIVIENT The major risks faced by Red Rose Recovery are identified on a risk register which is periodically reviewed by the board of trustees. We believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient funds in the event of adverse conditions. The ttustees have also examined other operational risks faced by the charity, and we confirm that we have established systems to optimise, where possible, any significant risks. RESERVES POLICY It is the policy of the charitable company to maintain unrestricted funds, which are free reserves at a level to cover redundancy provision and six months, running costs should no further funding be secured. Any surplus over this minimum is used to fund new ventures and to cover other contingencies that may emerge. As at the end of the financial year the unrestricted fund5 totalled £1,688,331 (£1,670,303 net of tangible fixed assets). The charitable company requires £109,788 for redundancy provision and £1,391,164 for six months, running costs, a total £1,500,952 (2024.. £1,268,244). The trustees plans to use the balanTr of the unrestricted reserves to increase its capacity in delivering to and supporting vulnerable people and marginalised groups. PLANS FOR FUTURE The charitable company's strategic three year forward view, taking into account its track record over the past three to five years has placed it in a strong position, such that it continues to look at accessing future contract opportunities and longer-term projects to increase its capacity in delivering to and supporting vulnerable people and marginalised groups. We are currently reviewing or submitting proposals for the following.. 1. Blackburn with Dawen Borough Counctl Mental Health Peer Support Service - Providing 1- 2-1, group and network Peer support to males across BWD. 2. Liaison and Diversion Extension Awaiting outcome of recommissioning for a one year's extension till March 2026.
RED ROSE RECOVERY LANCASHIRE TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 3. Change Grow Live New You Extension Awaiting outcome of recommissioning for a multi- year extension of contact until at least 2029. 4. Supporting the development of new Service User Voice and LERO growth across North Yorkshire, Greater Manchester and Cumbria. 5. Growth into Housing In conversations with Calico Homes, in developing a formal partnership that will see RRR provide housing support in partnership with Calico Homes as the registered Housing Provider. If successful, the collective total fund of the above work is significant and will provide significant growth opportunities into 2025126. Scoping further opportunities and submitting further proposals during the year is ongoing work and remains a strategic priortty. Opportunities to further develop parlnerships continue in order to support collaborative bids as these emerge. Examples include our work with Lancashire and South Cumbria Integrated Care System, Lancashire and South Cumbria Foundation Trust, the Calico Group, CGL, Lancashire Constabulary and the National Probation Services. We also continue to develop opportunities outside of our main commissioned geographiGal area and trading opportunities outside of recovery. STRUCTURE, GOVERNANCE AND MANAGEMENT The organisation is a charitable company limited by guarantee, incorporated on 21st November 2012 (company number 08302102) and registered as a charity (charity number 1152474) on 18th June 2013. The Governing Instruments under which the charitable company operates comprise the Memorandum and Articles of Association dated 2151 November 2012. Anyone over the age of 18 Gan become a member. The charitable company's Board of Trustees are also its directors. Members are elected at the Annual General Meetings of the members of the charitable company, with casual vacancies being filled as required by the Board of Trustees in accordance with the Charity's Articles of Association. The Board meets regularly throughout the year and attends to all strategic and operational matters. REFERENCE AND ADMINISTRATIVE DETAILS Red Rose Recovery Lancashire 08302102 Name Company Number Charity Number Registered Office 1152474 st Wilfrids Building, Fox Street, Preston, England. PR12AB steven Brown Jennifer C Ellison Kaitlyn L Galbraith Robert M Head John Richmond (Treasurer) Neil Smith Sarah Walsh Amanda Webster (Vice Chair) Thomas Woodcock (Chair) Trustees (Resigned 201h August 2024) (Appointed 121h August 2024) (Resigned 201h August 2024)
RED ROSE RECOVERY LANCASHIRE TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2025 Secretary Managing Director Auditors MiGhael Wearden Michael Wearden Tony Slanley ACA Mitchell Charlesworth (Audit) Ltd Suites C, D, E & F, 141h Floor The Plaza 100 Old Hall Street, Liverpool, L3 9QL Liverpool Charity and Voluntary Services (LCVS) 151 Dale Street, Livèrpool, L2 2AH Accountants Bankers Lloyds Bank PLC Westminster House Swansea OSC Epona House Pheonix Way Swansea, SA7 9HG Signed on behalf of the Board of Trustees Thomas Woodcock Trustee and Chair 12th December 2025 Date:
RED ROSE RECOVERY LANCASHIRE STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 ST Company law requires the Trustees to preparè financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company ss at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In prepartng those financial statements, the Trustees should follow best practice and: select suitable accounting policie5 and then apply them consistently., 2. observe the methods and prinpIe in the Charities SORP; 3. make judgements and estimates that are reasonable and prudent. 4. prepare the financial statements on the going COnrn basis unless it is inappropriate to presume that the company will continue as a going concern", 5. state whether applicable accounting standards have been followed, subject to any material departure disclosed and explained in the financial statements. The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy al any time the financial position of the charitable company and to enable them to 8nsure that the financial statements comply wtth the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The financial statements have been prepared in accordance wilh the charity's twst deed, the Charities Act 2011 and Accounting and Reporting by Charities: Stalement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published {FRS 102) effective 1st January 2019 Companies Act 2006. By Order of the Board John Richmond Trustee and Treasurer St Wilfrids Building, Fox Street, Preston, England, PR12AB Date: 12th December 2025 10-
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF RED ROSE RECOVERY LANCASHIRE Opinion We have audited the financial statements of Red Rose Recoveiy Lancashire (the 'charity') for the year ended 31sI March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Slandard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting PractlGe). In our opinion, the financial statements: give a true and fair view of the state of the charitable company's affairs as at 31st March 2025 and of its incoming resources and application of resources, for the year thèn ended", have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006. 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 Audilols responsibilities for the audit of the financial st8tements section of our report. We are independent of the charity 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 trustee5' 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 uncerlainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity'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 fi'nancial statements and our auditor's report 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. Sn 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 Tnaterially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materlally misstated. If we identify such material inconsistencies or apparent material misstatements. we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. 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. 11
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF RED ROSE RECOVERY LANCASHIRE We have nothing to report in this regard. Opinions on other matters prescribed by the Companles Act 2006 In our opinion, based on the work underlaken in the course of our audit.. the information given in the trustees, report, which includes the directors. report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements- and the directors, report included within the trustees, report has been prepared in accordan with applicable legal requirements. Matters on which we are required to report by exceptlon In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit. we have not identified material misstatements in the trustees, report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept, or returns adequate for our audit have not been reiVed from branches not visited by us. or the financial statements are not in agreement with the accounting records and returns: or ertain disclosures of trustees, remuneration specified by law are not made. or we have not recetved all the information and explanations we require for our audit., or the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the trustees, report and from the requirement to prepare a strategic report. Responsibilities of trustees As explained more fully in the statement of trustees, responsibilities, the trustees, who are also the directors of the Gharity for the purpose of company law, are responsible for the preparation of the financial staternents 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 ffnancial statements, the trustees are responsible for assessing the charity's ability to conts'nue as a going concern, disclosing, as applicable, matters related to going concern and using the going concem 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. Auditor's 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 an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance bul 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 financia5 statements. Irregularities. including fraud, are instances of non-compliance with laws and regulations. We design proGedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities. including fraud. The extent to which our procedure5 are capable of detecting irregLJlarities. including fraud. is detailed below. 12-
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF RED ROSE RECOVERY LANCASHIRE The extent to which the audit was considered capable of detecting irregularities, including fraud. Our approach to identifying and assessing the risks of material misstatement in respect of rregularities, including fraud and non-compliance wtth laws and regulations, was as follows.. the engagement partner ensured that the engagement teaTN Gollectively had the appropriate competence, capabilities and skills to identify or recognise non- compliance with applicable laws and regulations- we identified the laws and regulations applicable to the company through discussions with directors and other management- we focused on specific laws and regu12tions which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation and data protection, anti- bribery, employment and health and safety legislation-, we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence., and identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur. by.. making enquiries of management as to where they considered there was sUsptibIlity to fraud, their knowledge of actual, suspected and alleged fraud. and considering the internal controls in pla to mitigate risks of fraud and non- compliance with laws and regulations. To address the rtsk of fraud through management bias and override of controls, we" performed analytical procedures to identify any unusual or unexpected relationship5', tested journal entries to identify unusual transactions. assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias. and investigated the rationale behind significant or unusual transactions. In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to" agreeing financial statement disclosures to underlying supporting documentation., reading the minutes of meetings of those charged with governance- and enquiring of management as to actual and potential litigation and claims. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions. the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the direGtors and other management and the inspection of regulatory and Segal corresponden, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. 13-
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF RED ROSE RECOVERY LANCASHIRE A further description of our responsibilities is available on the Financial Reporting Council's website at.. https:11 www.frc.or .uklauditorsres onsibilities. This description forms part of our auditorfs report. Use of our report This report is made solely to the company's members, as a body, IT) accordance with chapter 3 of part 16 of the Companies Act 2006 Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assLfme responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed. 22 December 2025 Tony Stanley ACA (Senior Statutory Auditor) for and on behalf of Mitchell Charlesworth (Audit) Ltd Suites C, D. E & F, 141h Floor The Plaza 100 Old Hall Street, Liverpool, L3 9QL 14-
RED ROSE RECOVERY LANCASHIRE STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME & EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31ST MARCH 2025 Notes Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 Income and endowments from: Donations and legacies Charitable activities other trading activities Investments Other income 3a 3b 3c 3d 3e 192 3,095,123 2,189 333 192 26,404 652.683 3,747,806 3,245,839 2,189 12,847 333 2,200 Total income 3,097,837 652,683 3,750,520 3,287,290 Expènditure on: Raising funds Charitable activities 1,000 656.920 3,484.307 2,937,902 2,827,387 Total expenditure 2,827,387 656,920 3,484,307 2,938,902 Net incomel(expenditure), Net Movement in funds 270,450 (4,237) 266,213 348,388 Total funds brought forward 12,13 1,417,881 36,950 1,454,831 1,106.443 Total funds carried forward 11-13 1,688,331 32,713 1,721,044 1,454,83 The notes on pages 18 to 31 form part of these accounts. All the above amounts relate to Gontinuing activities of the charitable company. 15-
RED ROSE RECOVERY LANCASHIRE BALANGE SHEET AS AT 31ST MARCH 2025 Company Number 08302102 Notes 31st Iylarch 2025 315l March 2024 Fixed assets Tangible fixed assets 45,741 63,154 Current assets Debtors Debtors due more than one year Cash at bank and in hand 1,053,565 13,500 498,317 13,500 724.607 1,181,750 1.791.672 1.693.567 Current liabilities Creditors: amounts falling due within one year (116,369) {301,890) Net Gurrent assets 1,675,303 1.391,677 Total assets less current liabilities 1,721,044 1,454.831 Funds: UnrestriGted funds Restricted funds 11, 12 11. 13 1,688,331 32,713 1,417,881 36,950 1.721.044 1,454,831 These financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). These accounts have been prepared in accordance with the provisions applicable to small compsnies subject to the small companies, regime aryl in accordance wtth FRS102 SORP. The Trustees, who are the Directors of the company, aGknowledge their responsibility for complying with the requirements of the Acl with respect to accounting records and the preparation of financial statements. Approved by the Board on 12th Dernber 2025 and signed on their behalf by.. Thoma5 Woodcock Director and Chalr John Richmond Director and Treasurer 16-
RED ROSE RECOVERY LANCASHIRE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST MARCH 2025 Notes 31st March 2025 31st March 2024 Cash flows from operating activities Cash (used)Igenerated from operation5 18 (456,594) 109,657 I nvesting activities Purchase of tangible fixed assets Sale proceeds of disposal of fixed assets (549) (5,824) 2,200 Net cash (used) in investing activities {549) (3,624) Net cash generated from financing activities Net increase in cash and cash equivalents {457,143) 106,033 Cash and cash equivalents at beginning of year 1.18q.750 1,075,717 Cash and cash equivalents at end of year 724,607 1,181,750 Represented by: 315t March 2025 31st March 2024 Cash at bank and in hand 724,607 1,181,750 17-
RED ROSE RECOVERY LANCASHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 1. Limited Liability The charity is a company limited by guarantee. Each member's liability is limited to £5. 2. Accounting Policies Basis of accounting The accounts have been prepared under the historical c05t convention with items recognised at cost or tiansaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended PractlGe applicable to Gharities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published (FRS 102) as amended for accounting periods commencing fiom 1st January 2019 and Charities Act 2Q11 and the Companies Act 2006. The accounts are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £. Going concern At the time of approving the accounts, the Trustees have a reasonable expectation that the charitable company has adequate reserves to continue in operational existence for the foreseeable future. The Trustees are confident that the levels of liquidity and free reserves will not affect the charity's operations. Thus. the Trustees continue to adopt the going concern basis of accounting in preparing the accounts. Fund accounting Unrestricted general funds are the charitable company's free reserves available for the Trustees to apply in accordance with the charitable company's charitable objectives. Funds are designated where they are held for specific purposes. Restricted funds are subject to specific restrictive conditions imposed by the donor. All restricted funds are accoLJnted for as restricted income and expenditure for the purposes is charged to the fund. Income recognition All income is recognised once the charitable company has entitlement to the income, there is sufficient certainty of receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably. Donations and legacies comprise of donations, and which are recognised in the accounts when reived, with the exception of known legacies which are accounted for when their receipt is certain. Income from charitable activities is recognised on an accrual's basis except for grants receivable, which are recognised on the date on which their unconditional payment is Gonfirmed by the donor. Other trading activities relates to all fundraising events and is recognised when the amounts are certain. 18-
RED ROSE RECOVERY LANCASHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ST Expenditure recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charitable company to that expenditure. it is probable that settlement will be required, and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accrual's basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Activities. Support and governance costs are applied to unrestricted funds unless specifically included in the restrictions. as specified by the donor. Expenditure on charitable activities relate to the operation of the charitable company comprising of direct charitable expenditure to meet the objectives of the charitable company. Support and governance costs relate to the management and operation of the organisation and also compliance with constitutional and statutory requirements in producing the annual report. These are dealt with in the Statement of Financial Activities when payment has been approved by the charitable company. Raising funds costs relate to expenses incurred during fundraising. Fixed assets Capital expenditure of £500 and above is stated in the balance sheet at cost less accumulated depreciation. Depreciation is provided to write off the cost of each asset over its expected useful life as below. Computer Motor Vehicle 200/0 per annum straight line basis 20 % per annum straight line basis 25 % per annum straight line basis 30 % per annum straight line basis Fixture & Fittings Office Equipment Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks. other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Financial instruments The charitable company has elected to apply the provisions of Section 11 'Basic FinanGial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charitable company's balance sheet when the charitable company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net atnounts presented in the financial statements, when there is a legally enforceab5e right to set off the recognised amounts and there is an intention to settle on a net basis or to reali5e the asset and settle the liability simultaneously. Basic financial assets BasiG financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, 19
RED ROSE RECOVERY LANCASHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets Glassified as receivable within one year are not amortised. Basic financlal liabilities Basic fi'nancial liabilities, including Greditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Derecognition of financial liabilities Financial liabilities are derecognised when the charitable company's contractual obligations expire or are discharged or cancelled. Taxation ncome and gains are exempt from taxation as they are received and applied for charitable purposes only. The charitable company benefrts from various exemptions from taxation afforded by tax legislation and is not liable to corporation tax on income or gains falling within those exemptions. Pension The charity operates a defined contribution pension scheme. The assets of the scheme are held separately frotn those of the charity in independently administered funds. Contribution payments are charged to the chaiitable company Statement of Financial Activities (SOFA). Any amounts not paid are shown in accruals as a liability in the balance sheet. Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when there is a clear decision or commitment to terminate the employment or provide such termination benefits. Leases Payments made under operating leases, including any lease incentives received, are Gharges to profit or loss on a straight-line basis over the term of the relevant lease except where another more systematic basis is rnore representative of the time pattern in which economic benefits from the lease's asset are consumed Critical accounting estimates and judgements In the application of the charitable company's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. -20-
RED ROSE RECOVERY LANCASHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 3. Income and endowments Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 a. Donations and Legacies Donations General grants 192 192 5,664 20,740 192 192 26,404 Income from donations and legacies for 2024 related wholly to unrestricted funds. b. Charitable activities Bury voluntary Community Faith & Alliance Camuws Community CVS Contract and sales income English Sports Council Greater Manchester Combined Authority Lancashire and South Cumbria Integrated Care Board Lancashire County Council- Substance Misuse Treatment Larlcaster Community Fund National Lottery Community Fund National Lottery Community Fund - Reaching Communities North Yorkshire Council South Ribble Borough Council Training and consultanGy 2,461 5,000 2,000 2,461 5.000 2,000 3,045,165 2,667.917 15,000 5,000 3,045.165 15,000 5,000 24,750 24,750 2.250 433,511 433.511 999 999 347,597 19,932 19,932 29,383 133,506 133,506 300 300 10.224 10,224 49,958 133,506 49.958 65,186 3,095,123 652,683 3,747,806 3,245,839 Income from charitable activities in 2024 comprised £2.733,103 for unrestricted funds and £512,736 related to restricted funds. Other trading activities Fundraising 2,189 2,189 12,847 Income from other trading activities for 2024 related wholly to unrestricted funds. d. Investments Bank interest 333 333 21
RED ROSE RECOVERY LANCASHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 e. Other income Gain on disposal of fixed assets 2,200 Income from other income for 2024 related wholly to unrestricted funds. 4. Expenditure on Charitable Activities Direct Support & Charitable Governance Expendlture Costs Total 2025 Total 2024 To provide advice, information, training, and support to offenders and those in recovery trom addiction and their fami5ies 2.667,500 816,807 3,484,307 2,937,902 a. Analysed as follows.. 2025 2024 Direct charitable expenditure." Staff salaries costs Pension Project and events expenses Sessional fees Consultancy and HR fees Volunteer expenses Books 2,350,814 73.349 211,557 1.901 20.671 9,198 10 1,863,810 57,003 163,633 17,068 8,446 2,667,500 2,109,960 22-
RED ROSE RECOVERY LANCASHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 2025 2024 Support & Governan costs.. staff salaries Costs Pension Recruitm8nt expenses Travel and subsistence Health plan staff expenses Printing, stationery, and postage utilities Telephones and internet Computer support and sofvare costs Rent Repairs and premises expenses Staff clothing nsurance Subscriptions and membership fees staff training and development Equipment hire Advertising and marketing Professional fees Sundry expenses Donations Legal fees Trustees, expenses Bank charges HMRC interest Loss on disposal of fixed assets Accountancy fees Audit fees Depreciation 332,872 10,418 9.103 7,200 19,787 136,656 5,658 16,360 72,234 42,017 62,616 29,513 2,395 17,822 797 11.936 2,312 1,081 1,288 1,971 495 384,064 11,416 9,423 3,659 20.960 113,813 5.940 17.145 62,798 36,801 35,900 24,223 4,750 48,547 1,098 4,011 1,561 6,062 1,267 3.509 27 94 227 67 2,720 3,500 6,036 18,324 49 1.793 72 4,000 8,400 17,962 816,807 827,942 Total expenditure on charitable activities 3,484.307 2,937,902 £656,920 (2024: £521,974) of the above expenditure relates to restricted funding. 2024 b. Staff Costs 2025 Gross salaries and wages Social security costs Pension costs 2.484,289 2,091,137 199,397 156,737 83,767 68,419 2,767,453 2,316,293 23-
RED ROSE RECOVERY LANCASHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 c. Particulars of employees: The average staff employed in the year was 118.75 (2024: 113.60) and equivalent on the basis of full-time as follows- 2025 93.7 2024 94.7 Charitable activities One employee received emoluments of between £70,000 to £80,000 during the year (2024.1 employee). No other employees received emolurnents greater than £60,000 The Trustees, being also the Directors of the charitable company, are not remunerated for their services and are not included in the above number of employees. {2024'. nil) There were £49 out-of-pocket expenses reimbursed to Trustees in the year (2024.. £94). 5. Tangible fixed assets Motor Fixture & Office Vehicle Fittings Equipment Total Computer Cost At 151 April 2024 Additions 26,237 549 46.188 7,472 5,120 85,017 549 Balance at 3151 MarGh 2025 26,786 46,188 7,472 5,120 85,566 Accumulated Depreciation At 1st April 2024 Charge for the year 7.481 5.320 9.238 9.238 2,824 1,868 2,320 1,536 21,863 17,962 Balance at 31sI March 2025 39,825 12,801 18.476 4,692 3,856 Net book value at 318t March 2025 13.985 27,712 2,780 1,264 45,741 Net book value at 315t March 2024 18,756 36,950 4,648 2.800 63,154 6. Debtors 2025 2024 Trade debtors Prepayments other debtors 1.029,019 24,546 484,840 12,868 609 1,053,565 49B,317 24-
RED ROSE RECOVERY LANCASHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 7. Debtors due more than one year 2025 2024 other debtors 13,500 13,500 Other debtors consist of lease deposits of £13,500. 8. Creditor5: amounts falling due within one year 2025 2024 Trade creditors Accruals Other creditors Tax & Social Security Pension Deferred Income (note 9) 13.694 101,252 46,105 53,438 51,583 32,714 10,540 107,510 1,366 57 116,369 301,B90 9. Deferred income 2025 2024 Balan at 1st April 2024 Amount deferred in the year Amount released to incoming reSoUrS 107,510 226,442 47,613 (166,545) (107.510) Balance at 315t March 2025 107.510 10.Financial Instruments 2025 2024 Carrying amount of financial assets: Debt instruments measured at costs 1,767,125 1,693,567 Carrying amount of financial liabilities: Measured at cost 116,369 161,666 -25-
RED ROSE RECOVERY LANCASHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 l.Analysis of Net Assets between Funds 2025 Tangible Fixed Assets Net current assets Total Unrestricted Funds General Fund Blackburn with Darwen charging futures 17,804 224 1,670,303 1,688,107 224 18,028 1,670,303 1,688,331 Restricted Funds Greater Manchester Combined Authority Lancashire County Council - Substance Misuse Treatment 5,000 5,000 27,713 27,713 27.713 5,000 32,713 Total Funds 45,741 1.675.303 1,721,044 2024 Tangible Fixed Assets Net current assets Total Unrestricted Funds General Fund Blackburn with Darwen charging futures 25,869 335 1,391,677 1,417,546 335 26,204 4,391,677 1,417,881 Restricted Fund5 Lancashire County Council - Substance Misuse Treatment 36,950 36,950 36,950 36,950 Total Funds 63.154 1,391,677 1,454,831 26-
RED ROSE RECOVERY LANCASHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 12.Unrestricted Funds Movement in the year Income Expenditure Reserves at start of the year Reserves at year end 2025 General Fund Blackburn with Darwen charging futures 1.417,546 335 3,097,837 (2,827,276) 1,688,107 (111) 224 1,417,881 3,097.837 (2,827,387) 1,688,331 Movement in the year Income Expenditure Reserves at start of the year Reserves at year end 2024 General Fund Blackburn with Darwen charging futures 1.026,510 33,745 2,365,716 408.838 (1,974,680) 1,417,546 (442,248) 335 1,060,255 2,774,554 (2,416,928) 1,417,881 General Fund is used to finance the charitable company's general activities as outlined in the Trustees. Report. LanGashire County Council BRIC Funds are held specrfically to be applied against future projects. 27-
RED ROSE RECOVERY LANCASHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 13. Restricted Funds Movement in the year Income Expenditure Reserves at start of the year Reserves at year end 2025 Bury voluntary Community Faith & Alliance Camurus Community CVS English Sports Council Greater Manchester Combined Authority Lancashire and South Cumbria Integrated Care Board Lancashire County Council- Substance Misuse Treatment Lancaster Community Fund National Lottery Community Fund National Lottery Community Fund Reaching Communities North Yorkshire Council South Ribble Borough Council 2,461 5.000 2,000 15,000 (2,461) (5,000) (2,000) (15,OQO) 5,000 5,000 24,750 (24,750) 36,950 433.511 999 19,932 133,506 300 10,224 (442,748) (999) (19,932) (133.506) (300) (10,224) 27,713 36,950 652,683 (656,920) 32,713 Movement in the year Income Expenditure Reserves at start of the year Reserves at year end 2024 Lancashire and South Cumbria Integrated Care Board Lancashire County Counci5 - Substance Misuse Treatment National Lottery Community Fund National Lottery Community Fund Reaching Communikn'es 2,250 (2,250) 46.188 347,597 29,383 133,506 (356,835) (29.383) (133,506) 36,950 46,q88 512,736 (521,974) 36,950 These are monies given to the charitable company to be spent for specific charitable purposes. Bury voluntary Community Faith & Alliance to deliver grassroots activities and projects that tackle community safety issues across the borough and raise awareness of hate crime and how to report it. 28-
RED ROSE RECOVERY LANCASHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ST Camurus - to cover the costs associated with our annual Drink and Drug News Conference trip, at which we take over 50 serviTr users on an overnight trip to the conference. Community CVS - contributed to the associated costs of the above DDN trip, specifically for our BlaGkburn with DaMen service users engaged through our Roots service. English Sports Council to support the delivery of physical activity groups across Lancashire. Greater Manchester Combined Authority - to support our Project Free setvice is working with victims of offenders. Lancashire and South Cumbria Integrated Care Board 'Community Mental Health Transformation, project Lancashire County Council - Substance Misuse Treatment - Contribution toward peer- based support. Lancaster Community Fund to support the creation and delivery of a 'connection lounge. out of our Lancaster Hub, with a focus of improving social conNeGtion and bringing the local community together. National Lottèry Community Fund Contribution towards 'Lancashire Recovery Spaces, project. National Lottery Community Fund (Leaders with Ilved experience) - to contribute to staff costs, some overheads and equipment on the Lancashire Recovery Support and Community Development project. National Lottery Community Fund- Reaching Communities- to contrrbute to staff costs. some overheads and equipment on the Lancashire Recovery Support and Community Development project. North Yorkshire Council contribution towards growing recovery initiative in North Yorkshire, designed to connect individuals, build resilience, and make recovery visible in a region where support can often feel fragmented and out of reach. South Ribble Borough Council Funds to deliver community-based recovery groups across areas of South Ribble. Contribution towards the 14.Operating Lease Commitments Financial commitments under non-cancellable operating leases relating to a photOGopier lease and property leases a5 follow.. Hyndburn Voluntary and Community Resour Centre, licen agreement to hire one room. 2 months, notice lease payments, expires in 31sI May 2027 and will be reviewed annually. 33 Lune Street Preston PR12NN. lease agreement for 10 years. expire in July 2032 Darwen Street Blackburn BB2 2BY, lease agreement for 3 years, expire in August 2025 58 Penny Street, Lancaster lease agreement signed for 5 years, expire in October 2027 -29-
RED ROSE RECOVERY LANCASHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 This will result in the following financial commitments- 2025 2024 Land & Building Operating leases which expire: Due within 1 year Due in 1 to 2 years Due in 2 to 5 years Due more than 5 years 32.075 30,500 38,250 48.125 39,775 30,800 51,250 65,625 148,950 187,450 Photocopier Operating leases which expire: Due within 1 year Due in I to 2 years Due in 2 to 5 years 2,332 1,826 2,987 1,106 1.106 1,Q30 7,145 3,242 151,095 190,692 15. Remuneration of key management personnel The remuneration paid to three members of the senior management team, who are considered to be the key management personnel was" £188,500 (2024: three members of the senior management team £170.161) 16.Related Party Transactions There were no reportable related party transactions other than those already disclosed in notes 4c and 15. 17.Contingent Liabilities The charitable Gompany did not have any contingent liabilities at 31$1 March 2025 (2024.. none). 30-
RED ROSE RECOVERY LANCASHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 18.cash Generated from operations. 2025 2024 Surplus for the year 266.213 348,388 Non cash adjustments for: Depreciation Loss on disposal of fixed asset Gain on disposal of fixed asset 17,962 18,324 2,721 (2,200) Movements in working capital: (Increase)IDecrease in debtors Increasel<Decrease) in creditors (555.248) (185.521) (244,157) (13,419) Cash (used)Igenerated from operations (456,594) 109,657 19.Guarantees As at 31st March 2025, 9 members had given a guarantee of £5 each in the event of the charitable company winding-up; total: £45 {2024: 9 members £45). 31