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 trus￿e$ 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 1ft￿e￿5 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 appl￿bI￿ 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 accr 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 acC￿Ming records thai cornply with Sedions 386 and 387 of the Companies Act 2006 and p￿Paring financiol Stat￿￿nts 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 fina￿la1 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¢oJ￿ting 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,, F￿an(la1 Reporting Stondord 102 Yhe Financiol Reporhng Standard opplicoble n the UK and Republic of I￿land. and rt Companies Att 2006. The finanoal stot*nents 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¢ be￿rrts will be reqvired In settlement and the amount of the obligation con be r￿c￿jrtd 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 olloc*Jted 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$￿￿10n of the truste eslrftted funds can only be used for particulor restrfded pvrposes within the objecP5 of the tharity. RestrictlQll5 0ri5e when speofled by the dorrf>r or when fvnd5 ore roised for particLrlar restrirted purpose> Purth•r •xplanotion of the na￿re and purpose of ecth fvnd ts Induded in the notes to the thondal stotem NEf INCOMEI{EXPENDrruRE) Nèt Income/lexpenditurel is #oted after tharging/luediting1.. 31.3.24 31.3.23 Depredation - owned ossets 134 178 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees. rerrnmeratlon or ¢>ther benefits for the year ended 31 Morth 2024 nor for the yeor ended 31 March 2021 There were no trustees, expenses paid for the year ended 31 Murth 2024 nor for the year ended 31 Morch 2023. Page 5 continved_ Cunalside's Pl￿$* Onè Trqining N•tss lo the Financiul St(rtèmè￿S- conlin¥•d for the Yaoi Ended 31 March 2024 COMPARATIVFS FOR THE ¥fATEmE￿ OF FINANCIAL AcnvmES Unrestricted fvrtd INCOME AND ENDOWMENTS FROM Donations ond ￿g0￿e5 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 I￿00 1.000 MOVEMENT IN FUND5 Net Th￿Vernent 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 iT￿ded #i the obove are os foil kKoming Resources expended i fvnds Un￿S￿l¢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 c￿nbined posilion is as follo￿. Net movement in fvnds At IA22 31.324 Unrn$trid￿ funds Generol fund 4A95 12,1091 2,386 TOTAL FUNDS 4A95 12,1091 2￿80 A wrrent year 12 morrihs ry*d prior yeoi 12 ¢ombff*d r*t nK)vernent Sn fi#)ds, ￿duded in the oboye are cs follow>" Incoming Resources Movement expended in hJnds Unr•thi¢ted hjnds Generol fvnd 4,811 16,9201 12,1091 TOTAL FUNDS 4,811 16,9201 12,1091 RELATED PAR￿ DISCLOSURES Mr B Moore. a Trvslee, looned the tharlty £2,000 2019 ¢Jnd wi 2020 £1,000 was r•paSd. Th• remaining balan￿ of £l,tyJO ￿ma￿S in creditor Page 8 Camlside's Phase One Trainiftg Detailed St4lement of Financial A¢tivihes for the Yeor Ended 31 Mafch 2024 31.3.24 31.3.23 INCOME AND ENDOWMENTS Donalions and legaeies Donations 2,7 17 2A94 Tolal incoming ￿SOul￿$ 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 expendi￿re 12,0201 1891 This poge does not forni part of the sroftrtory thancial Page 9