Compony regl8trotlon numbor 08050352 (England and W410$1
,sJc
Chartered
Accountants
CHESHIRE CONNECT LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

CHESHIRE CONNECT LIMITED
CONTENTS
P40•
Tru¥iw' rnport
Indepondont oxarnln•rf• roport
Stal•mant of Ilnandal a¢tlvltl•i
8alanco •hMt
Not08 to tho flnanol418tat8monlJ
7-12

CHESHIRE CONNECT LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Tru•t•
Mr CP Sykes
Mr TD Brlgg8
Ms KL Franc1$
Mr R Mckay
¢h•rlty numb•r
11J3334
Compiny numts•r
08050362
R•gl•t•Md offl¢•
St John'8 Chambers
Lov* Streat
Ch08t8r
Chèshlro
CH11QN
Ind•p•nd•nt •x¥nln•r
Mr N S J4nkln$ FCA
olo SJC Chartered A¢oountant•
St John'• Chimb6r4
Chestfjr
Chts8htro
CH11QN

CHESHIRE CONNECT LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORTI
FOR THE YEAR ENDED 30 APRIL 2024
Tho tnjstaes pro¥8nt th•lr annual roport gnd Ilnandal $tstgment8 for the year ended 30 Aprll 2024.
Gov•rnlng do¢um•nt
, Tho Ilnanclal stat&ment8 havfj boen proparsd in accordanc* wlth th& accounting wllri08 891 out In note I to th
flnanclal 8tat•m8nts and comply wlth thg chor1y￿ 9ovemln9 documonls, the Companl¢B Act 2006 ond 'Acoounllng
and Repartlng by Ch•rflleB'. Stalgment of Ro¢ommonded Practl¢o applleablè to ¢h8rltlg9 proparlng thfylr accounls In
aGrA)rdanGe wlth Ihe Flnanclal Reportlng Standard appll¢able In tho UK and Rawbllc ot Ir•land (FRS IQ2}'
(gffecllve 1 J8nuary 2019).
QbJ•etlv•$ and aollvlth•
Our objectlvg¥ ar• dellv6Md by matchlng rgthnt 8klll6 and oxp•rtlg0 offered pro bono from tho I¥￿￿￿661
communlty to r080urc• n8od8 In tho voluntory $gCtor. We do IhlB In Ilve wa￿. 8h(xt torm prolg¢ts, or qul¢k fixoa;
IDngerknterm proloGL% Involvln9 a rongo of profp$slon81 skllls; sourdng tN$teeJ. m&ntor8. or crlllcal fr18nd& to d•llvar
longor.tomi ongolng gupport; provldlng t8rgoted 8upport for 12 charf1108 through th• Tronfjlorm Programmo and,
proyldlng leAdernhlp d6v8lopmonl an(1 oupport,
Thg Chorty'• ObJ•Gt• •M, for tha b•nefit ol tho Publ1¢:
IA)- To promots t￿ &fflol•n¢y Ind •ff0Ctlw•noJ$ of tharlllei,
18)- To promoto clvl¢ r•8pondblllty and good ¢llkon8hlp.
Tho proJ8ct8 Ganlod out onglgod wlth 200 locèl buolnosses and skllled Indlvldu&ltt ind 175 ch8rltl88 and noh.profil
organi$allon$, We 4r0 contlnulng our plonj to croate a greater porc•nlago of Hlgh Imp8¢t Matches and wo ar•
d8llghlod io 800 an In¢roa8• In tho numbor of proloots whl¢h have Involvod a rango ol bu8ln6&H ¥klll¥ ond rnaultod In
longttr-term, hlghor-Impa¢t out¢om•&, W• havg 4110 0n¢ouragod mor• sk11￿ •x¢h4ngo8 beiwo•n chArttlo$,
lo￿r&￿Ing th• woalth of 8klll8 ond exporloneo wlthln tho sector,
c￿ShI￿ Conn•ct 1$ a Bmall chlrfty whlch Match￿ th• 8klll& and expwrtl80 ol local bu8ln•skno and profoJilonalN,
offorod fr¢e of charge, wlth th• n••d4 of the p)mmunlty and voluntsry Jactor. W• vAra $$tabll$hod as a R9glBtorad
Chorbty In 2013. Our work Impaots po8IIIv8ly on 8 wtd• rang0 of dlsadvanlaged In(IlYldual$ ond groups that U80 and
rely on Iho chartlle8 that wa ¥upport. Sklll$ offorod by bu&ln0850¥ includo busino8s plannlng, financial lorecasllngi
web81to dev8lopment, IT Byotemty rwlow8, mark•tlng, HR advle•, Ind mento￿ng.
Charftabl• ioVvlll••
dèveloplng our 8oNlc$i to bulld alrongor, morn Justalnablo wmmunltloo In Cha#hlr• by helplng ¢)harbtl
and bu81n•w8 to work ioaethor. By malchlnu rolevant bulln¢￿ sklllj and oxperth* to lh• ol ¢horltioty wo
work In portnerlhlp to onoble them to ddlver thelr fronl-Iln¢ mor• •ff•¢tlwSy •MI to bulld aopodty whor•
approprlats,
Our Valum:
Collabora￿On- worklng effecllvely In p4rtnorshlp wlth l)u¥ln&ve8, chatltl•o and k8y stsknhold•rs to d6volop
$tronger communltla$ togothar;
* Undor8tondlng
w¢ bulld kn￿ed90 of Gur loc81 ¢ommunltl•s arKJ strong rel￿10n6hlp5 to doarty
undersland how w• con b88t dlract our r•sourceo'.
P¥¢¥lon - wé &te p8S8lonato about stImula￿n9 lastlng chango and ￿JUdIng slrongar communltles,
Fundrol8lng gct6vltlos as at ygor wid 30th Aprll 2024. we hav¢ ralsod £111,SOQ whlch Indud•$ £108.000 In
donatlon$ from lo¢al bu8ln0&$8s and £3.000 In p•r&onal don&tlon•,
I Inv¢sln)¢nt p￿￿mi•￿e•
Tho charity does not hold any xive8tmonts.

CHESHIRE CONNECT LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
Intarnal ond •xtvn•l factors
Everythlng w• do at Cb•shlre Connect l¥ based on our vHlufts. Wè work C1￿91Y 8 number of partnorn, Lo¢al
Governm•nt, Ch6Jhlm Con¥tabulary, th8 Church ond local ch4rltahlg Irusts 4r9 koy stakgholdefs in Chgohlro and
play an Important part In our work. A8 W8 gtrlvg to b8ttor undery4land our lorAI communltles It l¥ evldent that
8oourlng fundlnG ond ra60urce6 1$ In¢ro*slngly tho11onglna. whllsl dom4nd conltnuw lo In¢rfra88 for 8grvlco
offgred by charltl88 and communlty orggnl8atlon$.
Wa ohr flvo mbln tyw of 4klll8 ox¢h4nw; 8hort-torm prol•cts, or Qul¢k Rx•4' Lryorknt•rm prol•cts Ibwolvlng
Mng6 of prolwk>nal sklll8; and, 80urclng Tru$tee8, Mentors, or Crlllcal Frfends lo delI￿r longer tami onuolng
upport., Leadernhlp dovelopment; and, lar￿10￿ 8UPPOrt through 1110 Tran6fom Prowammo.
Our team of Bu$ln08$ Connectors devalop Slronu rglatlon¥hlps wlth voluntary Sector organlsatlons And lo￿1
bualnes$es. Wo work wllh Voluntsry 8•Ctor organl8atlon6 to Id¢ntlty whlch busln089 yklllj and ¢xpert188 wlll Improve
outcomes for th•m and th•lr 1orvlc• usor4. Slmultinfjou8ly wo glve Ioco11)u61no89•8 an opportunlty to off•r
Employer Supported Volunt6&rlng (ESVI 8xpeAlan¢fji. Our $ervlco18 almgd at provldlng a moanlngful opportunlty
for employaoty to OXW4Dd and d•valop tliolr rango of 4klll& and expgrlonGo whl$l thoy uNe Ihoir buNlno98 oxpertls•
to mak6 a dlfforencg to th* lorAI oommunlty.
Ovfjf the next flnand01 yoor, we vmnt lo al$0 foou8 on IntonAIvo 8lrateglo 8UPPQrt for a number of charfUo8 that
naed to rapldly oxpand thglr oeT¥Ic68 to meet tho dfjmand poat pandomlc. Th• 'Tranifom) Pmgrammo, wlll allow u4
to 8UPPOrt thom ¢harlllO4 Sn th• w4y4 that wlll glve Ihom focu$•d Strotfjglc support over an ohghl90n month porfod.
FlnAn¢l*l r•vl
The r06uIts forthe ￿Or are ahown In tho Statement of Flnanclal AcllvlUo8.
Income for the year ha8 d8lXouod 10 £112,05512023', £152,191) wllh an Incroaa• In Oxpgndlturn to £132,582
(2023: £125,893).
Thls lfjavo¥ total fund8 4130 Aprfl 2024 of £82,728 01 whkh £nll lo roitrlolod (2023: £83,235, of whl¢h £nll w•8
rnStrf¢iod).
R•i•rY•• poll¢y
Cheihlrn Conn•ct Llmft•d n8•dJ rowva• for Ihe followlng rM•oTh•:
1. Cov•rfng unk•resMn day~to4ay oymtlonal ¢0811.
2, A of Income, 8u¢h o• grant, nDI belng ronowod, Fund• mlght b• n••d•d to glv• th• tru8te•o Ilm• lo
4cYon Ir In¢om• falt8 below •xp•¢t4tlon*.
3, Pl&nn¢d commltmonl• Ih•t ￿nn0( b• mot by futurg In¢omo alon•, ¥u¢h as plan$ for •n aii•t pur¢hoJo or
fvnd• for a *￿nIt￿&￿t prd•ol Ihal rnqulrn• Ch••hlrn Commont Llmll•d to pmvld• m•t£h•d fvnthng.
4, Tho need to fund 8hort4•rm d¢fldt8 In a cash budg¢L
S, Th• alm l• to hov¢ tsUffld￿t fund# b oov•r employ¢•'8 $418rl0o for thr•a monthb.
I StfU¢tur•, gov•rnan¢e •nd manag•m•nt
The ¢harfty ha8 a &o•rd of Trust•88 whlch meets regularfy and l• re￿oni5b1• lor Iho 8trateglc dIr￿tIOn and pollw ol
tha chartty. At w•#ent the Board comprfio$ tho four trust0￿.
M¥mb¥rs ol th• ¢h•rfty •u&r•ntO• to I￿nIrtbUt¢ An amount not •x(*odlng £1 to thg a$80ts r)f th8 charfty In the event
ol wlndlng vp.
The Inrntees, who or¢ 4190 lh• dlf•Ctm for Ihe purpoB• ol ¢ompary law, and vlho sorvfjd duflw the yoar and up to
th6 date of slgnatvrg of Ihe finandal statomgnts wwe:
Mr CP Syke8
Mr TD 8rigg$
Ms KL Frands
Mi R M¢kay

,CHESHIRE CONNECT LIMITED
. TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
' FOR THE YEAR ENDED 30 APRIL 2024
R•cwltm•nt and •ppplntm•nl ol n•w tru•t•O$
The dlr¢ctors of tho company ar& also charlty tru$l88$ lor th$ purp080$ ol oharlty law and known 08 m*mbar8 of
the Monoggm&nt Comffdtto•,
All trutho8 glvo th•lr tlTh voluntorlly and r•c•lvo no bonefft6 frorn th• charlty.
tN8to0¥' report w48 approv•d by Board ol T￿￿t•88.
Mr TD 8rlgg1
Tru•t••
22 October 2024

CHESHIRE CONNECT LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CHESHIRE CONNEGT LIMITED
l ￿port to the trustses on my ¢x4minatlon of Iho Ilnan¢l81 $tatemonts ol Cho¥hlr6 ¢Mngct Llmlted (th¢ d78rltyl for
the year ended 30 Aprll 2024,
R•spon81bllltlo8 and ba¥1$ of report
As the tru8te&8 of tho tharlty (and also Its dlr•ctors for the purposa$ of company low) you 8re ro8pon81blo for Iho
proparatlon of the flnanolal 8tstemontg In acrA)rdanoo wlth the r8qulromontg of tho Componlo8 A¢t 2008 (Iho 2006
Havlng $at181od my8alf that th• flnanclal &tat•mgnts ol the chorfty 4r• not r•qulrod to b• audlt•d undor Port 18 of
tho 21)OB Act 8nd mro ellglblo for Ind6pondpJnl oxamlnatlon. I report In rn$po¢t of my examln4lk>n of charlly'g
financlal 8talèmonts ¢•rrlod wt under secllon 145 01 the Charlllga Act 2011 (Ihvj 2011 Act). In ￿rryIng out my
oxamlnatlon I ha￿ followed all Ihe appllcAble DIr9￿On$ 9lvon by tho Chgrlty CommlJ&lon under secllon 145IS)(b)
of 2011 Act,
Ind•p•nd•nt •x•mln•f• •tat•mgnl
I hay* ¢omplfjted my oxamlnutlon. l ¢gnfirm thot no matt•r4 h4va ¢om• to my oth¥n￿on In oonn¢ollon wlth th•
exaMIn￿l¢n glvlng mo C8U8è to ￿lI￿v+ that In any moterfal ro$pecL
¢ounllng rncord8 w8r6 not k6pt In iespect of thè charfty a8 ro¢ulr•d by sectlon 388 al the 21)08 Ad,, or
th• fln4nolal ulatoment• do not occord wlth th080 rocordj., or
the finonclal $tat•m•nts do not comply wlth the ac¢ounllng rgqulr•m•n16 ol 8•ctlon 396 ol tho 2006 Act olhor
than any r•qulrtsmont that tho accounta gl¥e 4 true and f•lr vl•w whloh l• not • m8tt•r ￿nIldernd 49 p•rt of on
Indgpendont 8xamlnalbn,' or
the ftnanolal 8tatoments hav• not b••n pr•p4rod In Q￿rdance wlth tha m•thod• ond prfnclplo8 of the
Stat8mont of R6oJmmgnded Prnctlc• for a¢countlng •nd reportlng by charlllaty app11￿ble io charllle¥
preparfng thelr o￿o￿ntI In 4ccordanco wlth tho Flnan¢lal R•portlnll siandw￿ applloablo In th• UK and
R•pubttc of Iraland IFRS 1021.
I have no concern
ould be dra
nd have
roport
oac
rder
88 no olhor matters In ￿nn￿¢tIOn wlth th• 0xamln8llon to whlch attontlon
enable a proper understsndlng of thg flnonclal $t•tom•nts to be reachèd.
MrN
kl
FGA
clo SJC ChartOTad Accountants
I Sl John's Chwrl)er•
l Lovo Stroet
hestor
Choshlro
CH1 1QN

CHESHIRE CONNECT LIMITED
STATEMENT OF FINANCIAL ACTIWTIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 APRIL 2024
Unro•trl¢tsd Unrn*trlctod Rostrlct
fund•
funds
fund•
2024
2023
2023
2023
Nol••
In¢om• Irorn:
Donallons 8nd1ggac16fy
Inv&8bn•nts
111,500
55S
146,242
110
5,833
1S2,075
118
Totsl In¢om•
112,055
148,358
5,833
1S2,191
Exp•ndlturo on:
Chorltable advlll
132,502
119,880
5,833
125.693
Totsl •xp•ndiiur•
132,S62
119,880
6,833
125,693
Not In¢0m￿(0Xplndlt￿v•) and mov•m•nt In
lund•
120,507)
26,498
26,498
R•¢on¢lllatlon of fvnd•:
Fund balanc&s at 1 Moy 2023
83,235
68,737
$6,737
Fun4 balfjnM• at ao Aprll 2024
62,72
83,235
83,23
The Jtatemont of flnan¢lal a¢llvlll89 InGludg8 011 aoln8 and lo*￿$ ro¢o9nlwl In tho ￿or, All In¢om• and ¢xp•n¢ltur•
dorlve froffl conllnulnu aGtlvltlo6.

CHESHIRE CONNECT LIMITED
BALANCE SHEET
ASAT30 APRIL 2024
2024
2023
Not•s
Flx4d a8s•ts
TaryJlbl8 a868ts
10
332
442
Curr•nt a•••t•
D•blor8
Ca$h at bank and In haNI
11
12,400
62,198
14,048
72,605
64,598
86,863
Cr•dltor4: Imounlffi falllng du• wlthln
on• y••r
12
(2,202)
13,880>
N•t èurr•nl a•••i•
62,396
82,793
Tol•l ••••t• l••• QUff•nt Ilablllll••
62,728
83,235
Th• fund• of lh• ¢h•rtty
Unrafytrlot•d fundj
14
82,728
83,235
e2,728
83,236
Th• Company l* ontltlèd to the •x9mp￿an from th• •udlt roqulr•m•nl eont•ln•d In ••ctlon 477 of Ihfr Companl8•A¢t
2006, for th• yoar 0nd•d 30 Aprll 21r24.
The dlrectorn aoknowladge th•lr r01pon￿bIUI1Qts for u)mplykng wlth thg r•qulremonh of tho Companloi Act 2006
wllh respect to occountlng recordb and Iho prep8r8tlon of flnanGlal 8t•￿1&nI8.
Tho momber8 have nol roqulrad tho oomp•ny b obialn en audlt of iln&nclal •tstomont• for th• year kn qu4•tion
a¢Mrdance wllh ￿CtIon 470,
The￿ linanclal itatements havo been proporgd In &c￿rdanCI wlth prOvI￿Oni appIl￿blo lo Com￿nI¢S sublo¢t
lo tho small companlo4 roglm•.
Thg flTh•n¢lal •tatom•nts appTovgd by th• trusts•8 on 22 O¢tob•r 2024
Mf TO 8rlgg1
TrM4t
mpany rtylmtrolton n
r 08060352 (England and Wa188)

CHESHIRE CONNECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
A¢Muntlng poll¢le8
Charlty Inlorm4tlon
Ch08hlro Conn8ct Llmlted Is a prtvato company Ilmltod ty guarnntse IrKorpDrnlod In England and Wal￿. Th•
reglstored offlce Is Sl John's Chambtsrn. Lova Street, Che8t0r, Choshlre, CH11QN,
1.1 A¢¢ounllng convontlon
The Ilnan¢ial gt41emant8 hav• lJ•on pMpaf*d In a¢¢0￿0￿• ￿￿th tho ch&rfty'8 9ovamlng do¢umonts, lh•
Companles 2006, FRS 102 "The Flnanclal Reportlng Standard 8ppllrAble In th6 UK and R•publl¢ of
Irel4nd' ('FRS 102.) and the Charftlgs SORP "A¢¢ountlng and Reportlng by Charltlo8; Statement of
R¢¢omm*nded Pracllco app11¢0bl6 to ¢h&rftle8 propadng tholr account8 In &ccordance wllh Ihe Flnan¢lo1
Reporting Standard 8ppll¢4bl• In tho UK and Republ1¢ of Ir01and (FR$ 1021. (off¢ctlvg 1 January 2019), Th•
tharfty 1$ a Publta B•n•lFI Enilty as d•fln•d by FRS 102.
The ¢harlty hai tyk•n advantagg 01 th• provl8lon$ In lh• 80RP for dwr6tl•• not to prepare • Slatemont of
C8$h Flow8,
Th• flnanclo1614t•m•nts ar• pr•p•red In stertlng, whlch Its th• lunctk)nal GuThgncy of th• ¢harlty. Mon•tary
amount8 th089 Ilnanalal it8tom8nts rounded to tho n•arut £.
Th• flngncl•l $tat•m•nts havo b••n prnpared under the hlthrlcal cost (A)n￿ntIOn, modlll6d to Includ• th•
rwaluallon of fr•olN)Id prop¢rt108 ond to Indudo Investment pmp•rtle8 and certaln fln#ndal In*tnim•nt8 at falr
valufy. Tho prln¢lp•l 4WA)untln9 poll¢le$ •doptsd ar• Mt Jjt b•low.
1.2 Golng oono•m
Al tho Ilmo of apprr4vln9 th• Iln•nol41 •tatomani8, tho Iwgteas hava o raaion•bl• oxpoclatlon that the charlty
has adoquate rniourrA¥ to conllnu• In operatlonal exlBton¢kn for tho fom8•oablo futuro. Thu& Ihfj IfuBio
conunuo 10 odopt tho goln9 oonc•m ba818 of ac¢ountlng In propartng tho finanel81 st8tsm*nts.
1.3 Chvlt4bl• lund•
Unreslrlct•d lund8 arn avallabb for uso al t￿ dl8cr•iion ol tho tN•ts•J In furthoranc• of th4lr oharftthbl•
ObleoUvo4.
Re8trl¢t8d funds aro iubloct lo •po¢tt1¢ condlllons by d¢>norn or ur8nlor8 86 lo how they may b• u••d. Tho
purpoao8 and ol I￿ rg$tri¢t•d lund8 aro set out In lh• noles to thg fln•nolal •t8t•manto.
Endowm8ni fund• aro 4ubJg¢t to 1speGlnc Mndlllono by donsx• th•t th• oothl mult ts• mdnt•ln•d by th•
1.4 In¢om•
Income 18 rowgnl8od whon the chArlty Is1og8lly on￿{18d to It aftor any perfomiance condlllonfy havg boon mot,
tho amounts Can b8 rnMwr•d rellably, and It Is probablo that Incomo wlll bo recelv¢d,
Cash donatlon& are reaognlsed on wlpt, Other dOna￿onI are ro¢ognlafjd onco tho charlty has been notlllad
of the donallon, unlus p&rfomi8na6 ¢ondltiong requlre dgferral of thg amount. Income tax recovorable In
r•lallon to donAIIM• r•colvod undttr Glft Akl or d8•d8 of ¢ovenanl1g ro¢ognI8￿ at the tlrne of the donatlon.
Lega¢le8 are recognlye¢l on recelpt or otherw1￿ If the cbartty ho5 boen notllled of an Im￿ndIng dl$trbuUon.
th¢ amount Is known, and rooelpt 18 &X￿Ct￿￿. If th• amounl 18 not known, the legacy 18 trfrated as a
ont 98gel.

CHESHIRE CONNECT LIMITED
NOTES TO THE FINANCIAL 8TATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
Aecountlnp polkl•s
(Conllnubd)
1.5 Exp•ndltur•
Expondlturo Is ra¢ognl8ed oncg there16 a l¢gal or ronstN¢ttve obllgatlon to transfar oconomlc bonéfft to a
Ihlrd party, It18 probabla that a tran¥for of economlc bonofl16 wlll b6 roqulrfyd In $0tt1gmvnt, and the omount of
the obllgatknn oan be maa8Umd r•llably.
Expendlluro 18 ¢laailfi•d by ictlvlty. Th• co$t8 01 oach a¢tfvity or• m4d• up of tho total of dlroct ¢a8t8 and
Sharod co8ts, In¢ludlng 8upwrt ¢08ts Involvad In undertaking fjach a¢llvlty. Olrect CO818 8tlrlbutabla to 8 tslnglo
actbvlty Bro allo¢ated dlr•¢lly to Ihal aGtlvlty. Shared costs whl¢h contrlbuto to more than on¥ a¢tlvlty and
8UPPQrt CQ6ts whkh are not attrtbutsb16 to a Slngle actl¥lty ara apporlloned bfjlwoan those actlvltl¢s on a ba81s
con8lJtgiit wlth the u80 of ro8our¢&¥. Contral stsff ¢o$l$ aro all0￿1•d on Iho of tsmo sp•nt, and
d•prndatlon ch8rgo8 are allocalad on tho portSon of tho as¥•t's uw.
1.1 Thngibl• Ilx•d 4•••t•
Tanglble flxod gs$6t8 arn Inlilally mea8ur•d ot CO8t and sub8•quonlly mo88ur•d It or vhluatlon, n•t of
dopreclatlon gnd any Impolrmgnt lo￿•$,
08pr•cl8tlon18 r¢ooglllsed to wrlto off th• cojt or valua￿4)n of 488els l••• th•lr I•￿d￿01 valu08 ov•r th¢lr
Y•olul Ilv•o or¥ tha followlng ba40•:
Ewlpmont
25% rfjduclng bal8nc•
Thg galn or loiN arl$lng on tho dlsposal of an asset Is determlnad a8 tha dIffer￿ce belwgln th• ￿10 fJroog¢dJ
and tha ¢arrylng vojuo of thg a8891. and Is rgco9nlsod In tho 8tgtgm•nt of financlal a¢ifvitl69.
1.7 Impalnn•nt of flx•d a•Mt•
At each roportlng end d•la, Iho ch8rtly rovlowi the oarylng 8mount8 01 Its tangiN• ￿￿ets to dot•milne
wh8lhw thore 18 &ny Indlcallon that those as8•t8 have 8uff8md an Impalmènl 10$8. If any 8u¢h Indlcaiion
•xlst¥, the re¢ov8rabl• amount ol lh• 8gs•t l• •thaled In ord•r to delarniln• th• •xl•nt ol th• Impolrnwnt
lo•J (51 any),
1.8 C••h and ¢4•h •qulv•l•nt•
Ca8h and caah oqulvalents InGlud• In hand, dop¢ilt8 held ot C811 wlth banks. other short-temi Ilquld
Inv•81monts wlth orfglnal m4bJrllb• of thrno Mont￿ or1os¥, and bgnk overdraft¥, Bank overdrafts are sho￿1
withln borrowlng8 In ¢urront118bllttloh.
l.• Flnan¢lal In•lrum•nts
Tho charlty haj ele¢t•d 1¢ *p￿Y the prov181on$ ol S•¢lk)n 11 '8a•lo FSntsndtsl In8lrumonts' and $8¢llon 12
'Other Flnan¢l&l In8trument•1$6uo8' of FRS 102 to all 01118 tlnanclAI In8trument8.
Flnan¢101 In8trum•ntg aro ro¢ognl8ed In tho ¢hatlW8 balance 8he81 wtr￿n charlty be¢om06 Party to th•
¢ontr8ctuAI provl¥lon8 of the In&tNmant.
Flnanol81 a88ot• and Ilablllttes ara off68t, wlth th8 nat amounts preJ8ntsd In tho flnanclal 8tsloment8, whon
thèro18 a legally 8nforc6able rlght lo sel off tho rocognlsed amounts and thoro Si an Intènllon to sottlo on a net
a$1$ or ￿ roallw th• 0g¥•t and ¥¥Jtti• th¥ Ikablllty Jsimult•nwu41y.
3•81¢ finan¢1￿ w•ts
Baslc Inand
assets, whlch In¢lud& debtorn and cash and benk balance$. are Inmolly mfjasul￿ al
transactlon prlce Includlng tronsactlon ¢0sts and are suosequfyntty carrted at amortlsgd Go$t usln9 the offècllve
Inlarest melhod unless the arrongoment constltutO$ 8 financlng trnnsadion. whole tho tron64CtSon kg
m689ured at tho presant valuo of the luture rec&lpts dtscount8d at a market rata of Intsro8t. Flnandal aaset$
das8ifted 8s ro¢elvabl8 wlthln (m year arn nol amortlsed.

,CHESHIRE CONNECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
Ac¢ounkng pollcl••
(C¢ntInu￿>
Bas1¢ ffnancl•l Il•bllltl•s
Bastc flnanclal118bllltles, Indudlng crodltoryJ and bank loans are Inlllally recognl¥od at transaclton prfGe unlos$
Ilw 4ff$ngement G(￿8111ulVS a finanolng tran$a¢tion, whore th• dabt In8trumenl IB m&a8ured at tho prgsfjnt
valua ol the future poym•niO di¢counted at a markgt rate of In19rn6t. Flnan¢lal118bllllles cla$8llled a8 payablo
wlthln on• y•ar arn not •mortl80d.
Dobt In•tNm8nt8 4r• $utwqu•nty earfed at am0￿10d coit, Uglng thg •llqctfva IntèMBt rat• m¢thod.
Trad• ¢r•dttor¥ ar• obllg4tloni lo pay for goods or 8•r¥lw th•1 hfy￿ bg•n llcqulr6d In th• ordlnary ¢our•o of
ratlons from 8uppll$r8. Amounts payabl• are cl8881fiod as currnnt Ilabllltl•s If paymenl 1$ due withln on•
year or le88. If nol, Ih8y are pru6nt&d as non.curronl 114blllllga. Trade crodltorB aru r•coqnl88d Inrtlally At
tran&o¢tlon prl¢e and 8ubtaquonity mg48ured al amortlsed uilng tho effe¢tlve Inlore¥t mtslhod,
D•rncognltlon olfln•nGlal Il•blllll••
Flnancl81 liabllltlol arn d•r•¢ognlied wh•n tha ch•rW$ ¢ontraithig1 obllgotlon8 •xplr• or Ar• dl$chirg•d or
conoollod.
1,10 Employ•• b•nofft•
Tho CO$t of any unu8•d hollday ant611wnent18 roc0w18￿ Sn tha porknd In whlch tho •mploy•o'8 ￿￿1¢0* ar•
f•Gglved.
Tgmilnitlon are recopnlg•d Imm•dlatdy ai an •xpgnJe wh•n th• chqrlty h d•mon*lrnbly commlttod
to twmlnale the •mploymont of an omployee or to provld? tsrmln•tlon benelll4.
1.11 R•tlr•m•nt b•n•fll•
Payrnonts to d•flned oantdbullon r•tlr•m•nt bon￿1 8¢homg¥ aro ¢harg•d M •n •xpon40 a8 they fall du4.
Crlll¢•l •c¢ou￿nI Mtlmat•• and Judg•m•nl•
In th¢ applloatlon ol the ch8rW$ o¢¢ountlng polS¢l•i, tha tru8t•o8 ar• r•qulrad to mik•Judg•mont8, orflrnats¥
and a08umpllonJ about tho carrylng amounl of as801s and Ilabllltle8 that are not r•adlly apparont from olhgr
aou￿0. Tho •Btlmat•8 and 448oclated as$umptlons arfj ba88d on h18torlcal •xporlon¢g and other la¢torn that
ore ¢on)Ider•d to bo rolovanL Actuwl fo&ults may dllfor from th••• •stlmalèJ.
Th• è8tlmal•8 Artd und8rlylno a8$umptlons ar8 r8vKewed on on ongolng ba*l•. Rovlalono 10 gocountlng
06tlmatss aro r•cognl$•d In tho pfjrfod In whl¢h th& *$tlmo1018 r•vi&•d wh•io iho ravlulon 8ITO¢ts only thai
pgrkxl, or In tho porlod of th• rw101(￿ •nd fulufe Porfod* wh•rn tho rovl$lon both curTrnt and luturo
p•rlodl.
In¢om• from don•llon¥ and l•gael
Unmtrl¢t•d R•*trkt•d
lunds
fund•
21)24
2024
Tot•1 Unr••lrlcl•d Rutrl¢tsd
fvnd•
nd•
2023
2023
Total
2023
DonaVon$ ond gl
Grants
111,500
111,500
148.242
148,242
5,833
111,500
111,500
14e242
6,833
1 S2,075

CHESHIRE CONNECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
Inwn• from Invostm•nts
Unr••trict•d Unr••trkt
lunds
fvnd•
1024
2023
Inter•8t r•calvab
118
Chartt•bl• actlvttl••
2024
2023
Stsff costs
Doprootauon and Imp•lrm•nt
Sundry oxpen8•ts
114,585
110
17,887
109,806
147
18,040
132,602
126,893
132,562
125,693
An4ly•l4 by fund
Unr98trl¢tad fund8- general
R8strlctetl fund8
132,W2
119,880
5,833
Fe01 payaU• to tha Ind•p&nd•nt aXomkn•r for Ihe y•4r onded 30 Aprfl 2024 relallng to the Indo￿ndent
xamlnallon of th• Ilnanolgl atatement* or• £1,560 (2023: £1,580).
N•t mv•m•rt In fund•
2024
2023
Tho n61 MoV￿￿nt In lunds18 11oto11 •ft•r thor9lngl(cr0dltlng):
Deprfjdmtlon ol ownad tanglble Ilx•d ao1rf8
110
147
Tru•l••N
Thgro were no Irustg08' ramuneratlon or Othor benofits for the year gndod 301h Aprll 2024 nor for the yoar
•nded 30117 Aprll 2C123.
Thore no tru$toe3' &xppns•$ pold for the y•ar ended 30th Apru 2024 nor for thfr year ￿￿ed 30th APrtI
2023.
10-

,CHESHIRE CONNECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
.FOR THE YEAR ENDED 30 APRIL 2024
Employo•1
2024
Numbor
2023
Numbor
employm•nt co•t•
2024
2023
Wag08 and 1ol4rlo8
8o¢lal $•curlty cojts
Olh•r p•nthyn ¢x)•ts
106,768
,047
2.782
102,6SO
3,845
3,011
114,580
109,508
Tham w8ro rKJ •mpbyoea whoae annual romuneratlon woo mm ihan £80,WO,
Taxatlon
Th• charlty Iw ￿fflpt from taxatlon on It• a¢tlvlllo• booau89 all Its In¢omo16 appllgd for charltablo purpots8.
10 Trn9lbh flx•d a•••ts
qulpTrMn¢
Co•t
At 1 May 2023
2,243
AI 30 Apdl 2024
2,243
D•pm¢1￿1on and Imp•lmi•nt
Al 1 May 2023
Depr•clatlon charg•d In th• y•ar
1,801
110
At 30 >prll 2024
1,911
CaTrylng •mount
At 30 Awll 2024
At 30 WI 2023
23
Amounts falllng du• wlthln pn• y•*r:
0th8r debtors
12,400
14,1)48
11

CHESHIRE CONNECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
12 Crgdltor4: falllng du• wlthln ono y•ar
2024
2023
Olher tlxolon and Jodal s•curlty
Othèr Lygdltors
Awuol$ and d•ferred Incomo
1,873
428
1,559
1,500
2,202
' 13 R•llr•m•rt b•n•flt •ch•m••
2024
2D23
D•fin•d oontrfbutlon •ohom••
Charg• to profit or log9 In roJPouI ol dolln•d c¢ntrlbutlon
2,782
3.011
Tha ¢hadty opor•ts6 4 d¢flnod ¢ontrlbutlon pon8lon 8ch•ma tr all qu&llfyln9 •Mploy•￿. Tho awt• of tho
8ch•m• arn h•ld 16p&ralely from Ihoja ol th• charlty In an Ind•p•nd•nlly odmlnl8tor•d lund.
14 Unra•trlot•d lun4•
Tho unr68trl¢ted fundg of Iho ¢harlty comprb8o tho unaxpgnded balancea of donallon¥ and gronts whloh a
not $ublact Io •poolflc wndltlonty by donorn •iid grantors 89 to how thay m•y b• used, Thfj8e Indude
do$lgnaied fund• whlch havg b••n 8•t agld• out of unrè4trl¢tod fund& by tho Irust••A for bp•clflG purpoo98.
At l Miy 2023
In¢omln9 R••ovr¢
r••ourM•
•xp•nd•d
At 30 Aprfl
2024
G0ner•l fundi
83,235
112,OSS
(132,
2>
82,728
PMvlou• y•ar;
Al l May 2022
In¢omlng R••¢ur¢••
rn•our¢
oxp&nd•d
AI 30 Aprfl
2013
Qomrnl fund•
58,737
148,358
<119.800)
83,235
IF Rol•t•d porty hrb8aellon•
Th•r• w•ro no d1sol0￿blfj rdat•d party transgrtlons durlng tho ygar (2023 - nono).
12-