REG1Sf COMPANY NUMBER: CE000156 (Englund and Wal•s) REGIStERED CHARfN NUMBEL. 1153671 Rèport of the Trust•es and Unaurfrted Finuneial Siatsmerts foi the Year Ended 37 Marth 2024 Canalside's Phose On¢ Training Horts Limtred Westhiirster House l O Wesfrninslef Road hlocdesfield Chethi SKIO IBX
C4nalsidÈ's Phaso On• Traini Contents ol ihe Finantiol Stthments tor Ihe Year Ended 31 Mavth 2024 Page Report of ilwj Trn5tees Ind•pend•n* Examin•t's Rep•rt Stat•mènl of FiA•neial Adivili Bqlance Sh••t Nohs lo tho Finaneial Slqlements 5 ta 8 Detsi1 ol Finaneiol Atitvill•s
Canalskl*'s Phase One TrainiTh9 Rw¥rt of the Trustees for the Year Ended 31 Marth 2024 The truse$ who are directors ol the tharity for the purposes of the Comparries Att 2006, present their report with the finonctal statements of the thority for the year 31 Morth 2024. The 1fte5 hove cdopted the proYisi¢rts of Accounting and Reporttng by Choritie& StcrtemÉrrt of Recomwded Prattl applicable to charilies preparing theFr occovnls tn accordonce with the Fjnoncial Reporting Stondord applbI Én the UK and RepublK of Ireland IFRS 1021 leffÈdive l Jonuory 20191. O&JEcllvES AND AcllviTIE5 Objedives and aims To 0dv0n educ¢Jtion for the public benefit in me&ia Sk11 ond other related subpcts, in pcrtrculcr but not exd¥Jsively for young people under 25. ¥ignifieaTht rKl¥vilies Provision of media skills troining to residents of Chethire east and wrrounding areos porhojlady To those who moy be socially excluded ortd those seeking rehobililatlon in to the W• also provide work experience troining to chlldren fr¢)m locol sthools ond provide skills to local youth dub sTrucruRE, GOVERNANCE AND MANAGEMENT Govem&ng dgcvment The tharity is Controlled by its goveming doojment. o deed of Mtst, and constifrrtes a limitsd wnpanyw Ilmited by 9vorontee. os deftned by the Cofflpanles Att 2006. REFERENCE AND ADMINISTRATIVE DETAILS Registertd Company numb•r CEOOOI 56 (Englond and Woiesl R•gishred Charity numty 1153671 Registsr offiee Ground Floor, aarence Mill Clorence Road Bollington Mattlesfield Cheshire SKIO SJZ TYv$tees Mr 8 Moore$ MrNJWrlg Mr5 G Wright MrCDeWet Mr5 P M Bomett Ms F Morgan-Hrne Independ¢Tht Examiner H¢rts Limited Westhithsrer House l O Westminster Rood Mac¢le5field Cheshire SKIO IBX Approved by order of the board of trustees M 9 Juty 2024 ond on its behalf by: Mr B Moore5- Trustee Poge I
Ind•penden• Examiner's RoP•rt lo Ihe Tn•sts¢s of Canalside's Phas• One Trainin9 Independent exqminer's repart lo ihe of Canolsid•'$ Phase One Ttaining ('th• C•mp•ny) I report to the thority truslees cffj my exarrMngff¢x ¢f the acc<yJnts of the Company for the yeor wded 31 Morth 2024 Responsibilities and b4$is •f veport As the tharty's trustees of the Cc¥npony land also its dtrectors for the purposes of ccrfnpany lowl you ore responsible for the preparati¢)rt of the accounts In accordan with the requirements of the Companies Att 2ts)6 lthe 2006 Act). Hoving sotisfied rnyself thot the acc of the Compony are not required to be oudited der Part 16 of the 2006 Acl und are eligible for dePendent exominatioffl. I report in respert ¢1 my ex¢mÈnotion of y¢r tharty's a¢counts as carried out under Se¢tion T45 of the Charities Att 2011 I'the 2011 Ad'l. In corrying out my exumingtion I hgye followed the Direction5 given by the Charity Commission under Sethon 145151 Ibl of the 2011 ACP. Independent Orniner s slalemetbt I have Completed my examinatioTh I conftmi thot no motter5 hcve come to my attenlion in connechon with the exafflination giving me cuuse to believtr. a¢countlYJg records were not kept in respett of the Company as requir¢d by Seaion 386 of the 2006 ACP; or the accwnts do not occord with tre record5: or the accounts do not comply with the occounkng requlrements of S¢di¢x 396 of the 2006 Art other than any requiremerrt yhat the accounts gl¥e o tnje ond folr view whith is not o m<ffter considered os port of o independent examinalion: or the accounts have not been prepored in accordonce with methods and principles of the Statement of ecommended Proth for accouming ond reporting by tharÉtie5 lopplicable to thorfities preporing their o¢coun in oc¢ordonce wilh the Rnancial Reporting &andord applicoble in the UK ond Rewblic ot Ireland IFRS 10211. I have no Conm5 ond have oxne auoss no other matters In Connedlon with the exornlliotion to whkh ult•ntlon should b• drawn in this reFrt in order to wable o proper derSt0nd1ftg of the ocmwffs to be reathed. David Toylor Horts Limited Wesftninsier Hou 10 Westmin51er Road Ma¢clesfJeld Cheshire SKIO IBX 9 July 2024 Poge 2
Cunulsido's PIKse On• Tr•inityq Stptemenl of Finuncidl Adivittes for thè Year Ended 31 M4r¢h 2024 31.3.24 unSInC fvnd 31.3.23 Totol fd$ Notes INCOME AND ENDOWMENTS FROM Donorion5 ond legooes 2,117 2,694 EXPENDITURE ON Raising funds 4,137 2Z83 NET INCOME/(EXPENDrruRE) {2,0201 1891 RECONCILIATION OF FUNDS Totol fvnds brought forward 4A06 4895 TOTAL FUNDS CARRIÈD FORWARD 2,386 4A06 Pag¢ 3
Canalside's Phase On• TIDIn9 Bolance Sheet 31 Mah 2024 31.3.24 31.3.23 Total fvnds fvnd FIXED ASSETS Tongible (wets 400 534 CURRENT ASSETS Cash ot bank 2,986 4,872 CREDITORS Amounts falling due within one year Iipoo} (J,0001 NET CURRENT ASSETS 1,986 3,872 TOTAL ASSFfs LESS CURRENT LIABILmE5 2,386 4A06 NET ASSÉTS 2,386 4A06 FUNDS Unreslrlded fvnds 2.386 4,406 TOTAL FUNDS 2.386 4,406 The tharftoble ¢¢mpony Is ¢rt¢ded t• exemption from ouditr under Settlon 477 of thè Companies Att 2006 *or year ended 31 Marth 202 The members have not required the Company to obtoin on ovdil of rfs fmancial #Otsments ft>r the year ended 31 Morth 2024 In ¢ccord¢rtce with Settion 476 of the Comparies Ad 200& The iru5fees adyjowledge their re5ponsibilifies for lol ensuring thut the thoritoble company keeps acCMing records thai cornply with Sedions 386 and 387 of the Companies Act 2006 and pParing financiol Statnts whith give c true and fair vlew of the stote of ¢ffalr5 of the thar5toble company 0$ ot the end of eath finanool yeor and of its 5urplu5 or defiot for each ftnonogl yecr n accordunce with the requtrements of Se¢lion$ 394 and 395 and whith atherwlse ccfflply with the requlrements of the Companles Act 2006 reloring to finonci¢l statemen 50 far os oppllcable kn the charknble company. Ibl These finonual sft7tsfflents have been prepared In accorda wtth the provlslors appllcoble to tharltoble cofflponies gJbje¢t to the ynoll companies regin. The finonoal statements were approyed by Ihe B¢ord of Trustees ond outhori5ed tor issue 9 Juty 2024 ond we slgned on its behalf by: Mr B Moore5 - Trustee The notes fofm port of these finala1 stotrients Poge 4
Cqnalside's Phase OM TTainin9 Noles to the finan¢i•l Stalem•nls for Ihe Year Ended 31 March 2024 ACCOUNTING POUCIES Basis of preparin9 Ihe financial st4lements The fit)on¢iol sfatemerTts of the th¢rituble companyi whtth is o public benefft entity under FRS 102, ho¥e been prepored in accordan wlth the Chorilies SORP IFRS 1021 'A¢oJting and Reporting by Choririe>. Statement of Recommended PrO¢t1 applicoble to tharities preporing their occounts in occordan with the Fu)onogl Reporting Standord appli¢oble in the UK and Republic of Ireland IFRS 102) leffeaive l Jonugry 20191,, Fan(la1 Reporting Stondord 102 Yhe Financiol Reporhng Standard opplicoble n the UK and Republic of Iland. and rt Companies Att 2006. The finanoal stotnents have been prepored under the hthjricol cost convenlio lficome All income is recognised in tt Siatement of Fv40ncÉol A¢JtvFtSes once the thoiity hus entiknnt to the fvnds, It ts probable thot the income will be e1ved and the omounl con be meawred reliobly. Expendihlre Liabilittes arè recoghi5ed as expendilure as soon as there is a legal or cons1nK obligation commlttlng the thorty io that expendihjre, il is probabie thot o trortsfer of economi¢ berrts will be reqvired In settlement and the amount of the obligation con be rcjrtd refiobly. Expendtfvre is occourted for on gn occruols bosis and hos been d¢ssFPied vnder heodings thot oggregate oll cost reluted to the cirtegory. Where costs ¢onnot be dire ¢Jttributed to particulor headings they ho¥e been ollocJted kn activities on o b05is consistent with the vse o resovrce> Taxfthlon The thority is exernpt from corporolion tax ¢n its tharitoble activhle& Fund o¢¢•unting Unrestricted fLnds can be used In ¢ccordonce with the tharltoble objeaiv•s ot the di$10n of the truste eslrftted funds can only be used for particulor restrfded pvrposes within the objecP5 of the tharity. RestrictlQll5 0ri5e when speofled by the dorrf>r or when fvnd5 ore roised for particLrlar restrirted purpose> Purth•r •xplanotion of the nare and purpose of ecth fvnd ts Induded in the notes to the thondal stotem NEf INCOMEI{EXPENDrruRE) Nèt Income/lexpenditurel is #oted after tharging/luediting1.. 31.3.24 31.3.23 Depredation - owned ossets 134 178 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees. rerrnmeratlon or ¢>ther benefits for the year ended 31 Morth 2024 nor for the yeor ended 31 March 2021 There were no trustees, expenses paid for the year ended 31 Murth 2024 nor for the year ended 31 Morch 2023. Page 5 continved_
Cunalside's Pl$* Onè Trqining N•tss lo the Financiul St(rtèmèS- conlin¥•d for the Yaoi Ended 31 March 2024 COMPARATIVFS FOR THE ¥fATEmE OF FINANCIAL AcnvmES Unrestricted fvrtd INCOME AND ENDOWMENTS FROM Donations ond g0e5 2,694 EXPENDITURE ON Rtsising fvnd5 2783 NET INCOME/(EXPENDITUR 1891 RECONCIUATION OF FUNDS Totol funds brought forword 4,495 TOTAL FUNDS CARRIED FORWARD 4A06 TANGIBLE FIXED ASSETS Plant ond mathlnery Motor vehides Totals COST At l Aprfil 2023 and 31 Morth 2024 14A)37 4,000 T 8,037 DEPRECIATION At l April 2023 Charge for yeor 14,037 3A66 134 17A03 134 At 31 Marth 2024 14.037 3,600 17,637 NET BOOK VALUE At 31 Morch 2024 400 At 31 Morth 2023 534 534 Page 6
CaThalside's Phase One Tmining Noles l• the nancIal Sfrrtements- ¢onlinued for the Year Ended 31 March 2024 CREDITORS: AMOUNTS FAWNG DUE WITHIN ONE YEAR 31.3.24 312.23 Other creditor5 I00 1.000 MOVEMENT IN FUND5 Net ThVernent in fvnds At 31.3.24 At IA23 Unvestridod fvnds General fund 4A06 12.0201 2A86 TOTAL FUNDS 4A06 12,0201 2,386 Net movemert in fvnd4 ibKluded in the obove are as folb IbKoming ResLwr expended Movement tn fvnds Unr•strided funds General fvnd 2,117 14,1371 12,0201 TOTAL FUNDS 2.117 14,1371 12,0201 Comparglivos hr movem•Tht in fvDd$ Net At 31.3.23 At IA.22 In fvnds Unrestricted fund$ Generol fund 4A95 1891 4A06 TOTAL FUNDS 4A95 1891 4A06 Comparottve net movemert in fund4 iTded #i the obove are os foil kKoming Resources expended i fvnds UnSl¢led funds Generol fvnd 2*94 12Z83) 1891 TOTAL FUNDS 2.694 121831 1891 Poge 7 continued_
Cqnalsido's Phase One Trnining Notes lo the Fin4n¢ial SttstemeTrts- ntInued for th• Yegr Ended 31 hlarth 2024 MOVEMENT IN FUNDS- coThlFnued A ojrrent yeor 12 mortths ond prior year 12 rnonfv cnbined posilion is as follo. Net movement in fvnds At IA22 31.324 Unrn$trid funds Generol fund 4A95 12,1091 2,386 TOTAL FUNDS 4A95 12,1091 280 A wrrent year 12 morrihs ryd prior yeoi 12 ¢ombffd r*t nK)vernent Sn fi#)ds, duded in the oboye are cs follow>" Incoming Resources Movement expended in hJnds Unr•thi¢ted hjnds Generol fvnd 4,811 16,9201 12,1091 TOTAL FUNDS 4,811 16,9201 12,1091 RELATED PAR DISCLOSURES Mr B Moore. a Trvslee, looned the tharlty £2,000 2019 ¢Jnd wi 2020 £1,000 was r•paSd. Th• remaining balan of £l,tyJO maS in creditor Page 8
Camlside's Phase One Trainiftg Detailed St4lement of Financial A¢tivihes for the Yeor Ended 31 Mafch 2024 31.3.24 31.3.23 INCOME AND ENDOWMENTS Donalions and legaeies Donations 2,7 17 2A94 Tolal incoming SOul$ 2,117 2,694 EXPENDITURE Svpport costs Monagemenl Advertising 4,004 2,605 Gtsvemanco cosls Motor vehides 133 178 Total resouros expend¢d 4,137 2783 Net expendire 12,0201 1891 This poge does not forni part of the sroftrtory thancial Page 9