Charity number: 1154756 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 PARKSIDE IALDERSHOT AND DISTRICT LEARNING DISABILITYI CONTENTS Page Reference and admlnistratlve detall8 of the charlty, Its Trustees and advisers Chalrman's slatement Trustees. report Independent audltors, report on the flnanclal statements statement of financlal actlvltias 4-11 12-14 15 Balance sheet 16 Statement ol cash flows 17 Notss to the finanelal statemonts 18-37 PARKSIDE {ALDERSHOT AND DISTRICT LEARNING DISABILITY) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Trustoes Jostph Finlay, Chaimian Peter Clanchy, Treasurer Kate Nixon, Trustee Wanda Arden, Trust99 Dominic Langdon, Trustee (Appointed 1 April 2025) Christopher Harris, Trustee (Resigned 1 April 2025) Nikki Parkhill, Trustee Elizabeth Harris, Trustee (Resigned 1 April 2025) Ken Baker, Trustee Dr Hester Wain, Truslèe Andrew Wiltshire, Trustee lan Harrison, Trustee Charfty reglstered number 1154756 Prlnclpal office Guildford Road Aldershot Hampshire GU12 4BP Independent audltors Mantax Lynton Chartered Accountants statutory Auditors Suite 207 Equitsble House 7 General Gordon Square London SE18 6FH Bankers Lloyds Bank PLC 115 Victoria Roa Aldershot Hampshire GU111JQ Nationwide Building Society Northamplon Page 1 PARKSIDE {ALDERSHOT AND DISTRICT LEARNING DISABILITY) CHAIRNIAN'S STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The chairman presents his statement for the year. This Report is for the period 1st October 2024- 30th September 2025, Parkside's Financial Year. This year has been one of success for Parkside, with our services being delivered with the same commitment and community spirit that has always been the cornerstone cf our wod(. We have even experienced some growth in services, despite the challenges faced across the wider sector. It has also been a year of change within our Trustee Board. Both Chris Harris and Liz Harris stepped down from their roles during the year, and we extend our sincere thanks to them for their dedlcated service and contributions to the organisation. Their support has played an important part in shaping Parkside's progress. Our services have continued to thrive, with several notable developments. The collaboration with Hampshire County Council on Ihe Saturday Zone project formally concluded due to grant challenges within HCC'S budget. Although the original funding was due to end in March 2025, we were pleased to successfully secure an extension that allowed the project to continue until the end of July 2025. This extension ensured continuity for the children who attend, many of whom will continue their journey with us through the JET Club or the LIFE Project as they move into college leaving age. We were also proud to take part in this year's Rushmoor in Bloom competition. The front raised beds, which have received many positive comments from Frlends of Parkside and member3 of the public visiting the park, represented our ongoing commitment to maintaining a welcoming environment. Although the extended period of hot weather affected the beds ahead ofjudging, the inspectors recognised the effort that had gone into them and awarded us both silver and bronze certificates a testament to the dedication of our staff and volunteers. The LIFE Project continues to go from strength to strength. Engagèment remains high, and we have begun developing new plans to explore how best to expand the project further from January 2026. The need for meaningful opportunities for young adults leaving education remains significant. and we are exclted about the potential to grow this provision in a thoughtful and sustainable way. Volunteering continues to play a vital role in the success of P8rksidÈ. We are fortunate to benefit from a committed team who support activities across our clubs and services. In April. we18unched a work-experience reception scheme to enhance the Wednesday drop-in sessions for disco and football. On alternate weeks, two of our service users have been gaining valuable front-of-house experience. This initiative has provided these individuals with important social and practical skills, proving to be a rewarding project for all involved. Our wider group of volunteers also contribute tirelessly to ensure our clubs run efficiently and remain enjoyable for everyone. One of the highlights of our volunteer involvement this year was the Metro Bank volunteering day held on Friday 29 November. Their efforts were focused on preparing the centre for Christmas, and once again they transformed the building beautifully, helping to create a festive atmosphere enjoyed by all. We are deeply grateful for the generous grants and donations we have received throughout Ihe year. A grant from Investec enabled us to deliver several valuable training opportunities for the LIFE Project group, including First Aid and Food Hygiene courses led by professional trainers. The funding also supported travel training to London, complemented by the shorter free journeys provided by SW Trains. A successful application to the Rushmoor Lottery allowed us to purchase induction hobs and a tablet to support the development of cookery skills a request led by staff and cooking sessions are now undennray. Famborough Airport kindly awarded £500 towards the purchase of Iv40 hot composters for our garden group, and a Tesco Groundworks grant funded the instsllation of a new summer house, completed through several dedicated volunteer sessions. Alongside these grants, we also wish to recognise the many donations large and small that have supported Parkside throughout the year. Sodexo once again provided every service user wtth Easter Eggs and Christmas hocolates, a gesture that brought joy across the centre. We are also indebted tc our regular supporters induding Jim Goodman, Aldershot & District Allotment Association, Famborough Not Forgotten Club, Aspire, Page. 2 PARKSIDE {ALDERSHOT AND DISTRICT LEARNING DISABILITY) CHAIRMAN'S STATEMENT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Blackwater Valley Runners, Rushmoor Rotary Club, Mr Colin McKenzie, J.K and many others whose generosity enables us to maintsin our services and undertake new projects. Finally, I would like to express my heartfelt thanks to our staff team. Their tireless dedication ensures that every service user enjoys a rich and meaningful experience at Parkside. Their enthusiasm for fundraising remains outstanding, with the Summer of Fun Week now firmly established in our annual calendar. The energy, creativity and commltment they bring to thi5 event and to their work throughout the year are truly remarkable. Parkside continues to flourish because of the colleclive efforts of our staff, volunteers, supporters and community partners, and l am proud to present this report as a reflection of their hard work. Joseph Finlay Chair of Trustees Date: Page 3 PARKSIDE {ALDERSHOT AND DISTRICT LEARNING DISABILITY) TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The Trustees present their annual report together wlth t'he audited financial statements of the Parkside {Aldershot and District Learning Disability) for the year 1 October 2024 to 30 September 2025, Structure, governance and management a. Constltutlon Parkside (Aldershot and Dlstrict Learnlng Disabilily) Is a registered charity, number 1154756, and is constituted under a Trusl deed. The principal objective of the charity is to provide support to both children and adults with a16arning disability and or autism to support all opportunities for them to develop their individual skills and take part in activities within the local community. Individual needs can vary from requiring support to socialise with friends, to parlicipating in leisure activities, meeting new people, developlng life skills and providing respite for other family members. By reaching out into the community, Parkside aim5 to develop and strengthen its links with its residents and organisatlons, creating opportunities for everycne to be involved and included. b. Methods of appointment or election of Trustees The management of the charity is the responsibility cf the Trustees who are elected and co-opted under the lorms of the Governing Document. c. Organisational structure and decision-making policies The Trustees are the governing body of the charity and control the management and direction of its affairs. The Trustees shall consist of a minimum of four members, which number constitutes a quorum. Trustees take decisions as necessary in the best interests of Parkside as a whole. The day to day running of the charity is the responsibility of the Senior Managers, who report directly to the Chairman of the Trustees. d. Inductioii and tralning of Trustees There is an Induction procedure in place for all new Trustees to follow to make them familiar with how Parkside operates and the Se￿iceS provided. e. Pay pollcy for key management personnel The pay for all staff is reviewed annually by the Trustees and Senior Managers. f. Related party relatlonshlps None of the Trustees receive remuneration or other benefit from their work with the charity. In the current and prior year no other related parly transactions were identified. g. Financial rlsk management The Trustees have assessed the major risks to which the charity is exposed, especially those related to the operations and finances of the charity and are satisfied that systems and procedures are in place to mitigate exposure to the major risks. Page 4 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Plans for future periods The Trustees will endeavour to provide the same level of services as before or as many as resources will allow. This may be affected by outside factors such as government and local authority funding cuts. We will continue to monitor any such developments. ObJectlve8 and actlvltlos a. Pollcies and objectives In setting objectives and planning for activities, Ihe Trustees have given due consideration to general guidance published by the Charity Commission GUIdan￿ and Public Benefit documents especially CC3 'The essential trustee: what you need to know, what you need to do,, CC25 'Charity Finances.. Trustee essentials, and the 'charity Governance Code,. b. Strategle$ for achlevlng objectives The Trustees adopt a flexible approach to achieving the objectives. SeNices are review8d constantly to assess if the best service is being provided. C. Actlvities undertaken to achieve objectlves All activitles undertaken are ultimately aimed at achieving objectives and meeting the needs of our service users. For example, our commitment to delivering a quality service,. by all Trustees being involved in attending the various group5 and activities that Parkside organise. Trustees undertake audits both obseNation81 and procedural. Achievements and perforniance a. Servlces, clubs and activltles Parkside deliver5 11 services, clubs and activities, which are summarised below, to approximately 150 service users, many of whom access more than one service. Our fully equipped Sensory Suite is based at Parkside. Sessions must be pre-booked, and carers must have completed the relevant training to book the suite. PIP- Personal Improvement Plan A day service for adults. This service is based at Parkside, 8nd many of the exciting activities and specific sessions are delivered at our site in Aldershot. Sometimes if we are using community facilities we will go offsite and have our own rninibuses to safely Iransport our clients. The Llfe Project A successful day service designed for younger adults to focus on maintaining and developing essential life skills. Every 416 weeks a programme of activities is developed which has a focus on a specific life skill and se￿iCe users work 88 a group towards achieving realistic outcomes. Gateway Club A lively evening social club with a wide range of activities including. sports, discos, live music and more.... Held at Parkside for those aged over 30. Page 5 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Achievements and performance {continued) JET A popular evening social club with a wide range of activities including talent shows, stand up, disco, bingo and much more..,.,.. Held at Parkside for those aged 18+ Drop-ln Sesslon x 3 Drop-ins are a fantastic opportunity to join in with Parkside activities. Options include Karaoke, Creative Arts, Music and Dance and a Football session played on a local 3G pitch. Garden Club A fun, friendly club that works in Parkside's Garden. Servi* users can develop their skills and interest in gardening within a safe environmenL Saturday Zone This club provides young people aged 8 - 18 years with the opportunity to sociali5e with their peer group and develop and practice social and daily living skills both at Parkside and out in the community. 1.1 Support for Adults A seNice offering individual support for aclults with learning disabilities, The aim to enable them to access a wide range of soclal, educational and recreational activities within the local community, Gardening In the Communlty Gardening in the community. A hands-on group which provides a gardening service for resldents and valuable work experien￿ for service users b. Revlew of services Parkside has Quality Assurance measures in place and continues to undertake quarterly audits against set criteria with outcomes considered and discussed at Trustee meetings, c. Refurblshment In late 2024 the roof was encapsulated and is now watertight having been prone to periodic leaks over the years. Flnanclal revlew a. Flnanclal Posltlon Parkside is in a strong financi81 position. The sale of the propety at Gillian Avenue contributed to the increase of liquid and semi liquid funds in 2024 which continued throughout the year. At Ihe balance sheet date, the charity has bank balance of £161,405 and the value of investments held through Brewin Dolphin amounted to £510,926. During the year the charity earned income from investments of £62,045 which comprises interest, dividend and unrealised gain on investment portfolio held with Brewin Dolphin, During the year, Park5icle earned total income of £599,79S and had net worth of £894,552 at balance sheet date. Page 6 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 b. Reseries policy Parkside Intends to continue to finance current activities whilst maintaining sufficient reserves to meet any unexpected costs. To ensure Ih8t Parkside will be able to managg future unforeseen expenses, readily available funds are identified to be able to mget 6 months of normal expenditure (approximately £300,000) without recourse t¢ setylces income, This is identified such that at least 2 months expenses (£100,000) can be met from cash reseNes and a further 4 months expenditure (£200,000) met with certainty from other sources. Total cash hèld in Parkside's 2 bank accounts is enough to meet 2 months of expenditure and is kept above £100,000, though in exceptional circumstances, it could be temporarily reduced. Should it be needed, £200,DOO can be drawn down over 6 months from Brewin Dolphin investments with little impact on receipts of interest and dividends. However, the larger the amount drawn down the larger the effect on the return achieved by the investments. All investments with Brewin Dolphin are available should they be needed, though it is preferable to plan any changes well in advan￿. Page 7 PARKSIDE {ALDERSHOT AND DISTRICT LEARNING DISABILITYI TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 c. Investment Pollcy Funds, additional to operational needs, are invested through Brewin Dolphin. Brewin Dolphin Ghargo 0.80/0 of fvnds managed annually equating to £4,000 on a £500,000 inveslment. Funds needed for operations and Funds avallable for Investments Adequate funding is critical to be sure of being able to continue operations and for auditors to be satisfied that the Trust is a going concern. Trustees previously considered that sufficient ftjnds should be held in cash cr other liquid forms to meet all operational expenses for a three to six-month period. Average monthly expenditure in 2024125 was £51,843 indicating that cash balances of £155,000 would need to be available under normal circumstsnces to support operations for 3 months. Confirmed income due from local government sources should be considered alongside actual cash in meeting thè cash requlrement. During 2024125, combined Lloyds and Nationwide balances held at the end of the month varied bekneen £137,QOO and £213,000 and received interest of 1.50k to 2.0 % on balances. Holdlng £161,405 in cash for operational purposes, leaves £510,926 available for capital expenditure or investing from a total of £672,331, In addition to borrowing criteria, the Trust's Governing Document spgcifies that Parkside invest funds to the same conditions as permitted by the Trustee Act 2000 (Section 4) and invest money, not immediately required for its purposes, as may be thought fit. (Section 6). Trustees have collective responsibility for the investment policy and, as the charity is expected to r,ontinue in perpetuity, have chosen to invest available funds on a medium to long term basis. CUr￿nt investments through Brewin Dolphin are diversified mainly across fixed interest bonds and equilies. Historically, equities outperform bonds and over the long term this is expected to continue. Including proportion of fixed interest investments with equity stocks provides a buffer which restricts overall losses when equities lose value but also reslrlcts profits when equity values increase. To some extent, this buffer, also duplicates the effect that holcling cash in low interest bank accounts has. Consideration has been given to investing in environmental, ethical and green equlties and further consideratien for investing perhaps £5,000 has been suggested for future consideration. Investment Choices - Risk Categories To manage investments, Parkside uses Brewin Dolphin, where 10 risk categories have been identified, each risk category reflecting a combination of investments from within each asset class (equities, fixed income etc,). Performance in Stock Markets is measured according to asset classes which are given indices and plotted to illustrate trends and provide comparisons. Brewin Dolphin risk levels reflect low11) to high (10) risk. (a) risk levels 1 to 3 - predominantly bcnds (fairly safe} (b> risk levels 4 to S - predominantly equities (some risk) (c) risk levels 7 & 8 higher proportion of equities wilh more risk and potentially better returns (d) risk levels 9 & 10 - Include venture capital and contingent liabilities Currently, Parkside's investments are selected using risk level 6, which includes fixed interest bonds and equities in UK companies and non-UK companies. Over the last 5 years, investments in gilts and bonds {e.g. Risk level 3) have increased by 17°/o and investments in equities (e.g. Risk level 81 have grown by 720/0. Page 8 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Historic trends are unlikely to repeat exactly but the longer the term, the more likely equity returns will exceed bond interest. This suggests that whilst inveslments can go down as well as up, Parkside investments could produce better returns using risk level 8 rather than risk level 6 and have sufficient resources to absorb potential volatility in the stock market. Risk level 7 would be expeoted to produce better returns than level S with more equities and less fixed interest but would also reduce potential profits. For similar reasons, level 8 would potentially increase potential profits more than level 7 with a slight reduction in the risk of making a Icss. In general, potential profit5 in equities exceed expected fixed interest income. Risk levels 9 and 10 introduce choices that could also bring reputational damage to the trust, were such investments to fail, and are considered unwise. The contents of investments at Risk Level 6 to Risk Level 8 are compared in the following table. Equities represent company shares and fixed income concerns company and government bonds. Alternatives provide the investment managers the opportunity to take up any opportunity that might arise or to mitigate against investm@nt risks within a porlfolio and can includ8 unregulated funds. Category Equltles (Q/olFlxed Income {Yo} Allprnatlves (%} Risk level 6 68.5 Rlsk levèl 7 83.0 Risk level 8 97.5 19.5 12.0 With reference to historic stock market indices, the retums on investments at Risk level 6 are compared to those using Risk levels 7 & 8 and shown in the following table. Value after x Years of Investing £1,000 Risk Lev81 5Years qoyears 15Years 1000 1550 1000 1700 1000 1700 2350 2550 2700 350D 4000 4650 Value after x Years of Investing £500,000 Rlsk Level 5 Years 1 Oyears 15Yeais 500,000 500,000 500,000 775,000 850,000 850,000 1,175,000 1,750,000 1,275,000 2,000,000 1,350,000 2,325,000 Investment Policy 2026127 and 2027128 It is recommended that Parkside Hold £140,000 to £180,000 within Nationwide and Lloyds banks to be adjusted in line with optimum cashflow management and Invest £500,000 using Brewin Dolphin's Risk Level 8 subject to reviewing the level of investments in conjunction with operational requirements and future budget plans, 2) Page g PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 d. Prlnclpal fundlng and prlnclpal rlsks Most of the charity's income is generated by the sale of services to individuals and local authorities. Grants and donations account for most of the rest, the timing and frequency of which are both varfable and unpredictable. The Trustees have assessed the major risks, including the possible withdrawal of Local Authorities support, to which the charity ig exposed and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks, which are listed in the Business Plan, e. Going concern There are adequate financial reserves to meet expenditure in 2D24-25 and many years thereafter. The Trustees have considered the risks and have a reasonable expectation that the charity has sufficient resources to continue operating for the foreseeable future and adopt the "going concern" basis in preparing the financial statements. statement of Trustees, re$ponslbllltles The Trustees are responsible for preparing the Trustees, report and the financial statements in accordance with appllcable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accountlng Practice). The law applicable to charities in England & Wales requires the Trustees to prepare financlal statemenls for each financial year which give a true and fair view of the state of affairs of the charity and of its incorning resources and application of resources, including its income and expenditure, for that period, In preparing these financial statements, the Trustees are required tr): select suitable accounting policies and Ihen apply them consistently., observe the rnethods and principles of the Charities SORP IFRS 102)., make ludgments and accounting estimates that are reasonable and prudent. state whether applicable UK Accounting Standards IFRS 102> have been followed, subject to any material departures disclosed and explain&d in the finanGial statemenls., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsiblè for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statsments comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page10 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Dlsclosure of infovmatlon to audltors Each of the persons who are Trustees at the tirne when this Trustees, report is approved has confirmed that.. so far as that Trustee is aware, there is no relevant audit information of which the charily's auditors are unaware, and Ihat Trustee has taken all the Steps that ought to have been taken as a Trust&e in order to be aware of any relevant audit information and to estaP)lish that Ihe charity's auditors are aware of that information. Audltors Auditors are appointed at the AGM on an annu81 basis on a recommendation from the Trustoes. Approved by order of the members of the board of Trustees and signed on their behalf by.. Joseph Finlay (Chair of Trustees) Date.. Page11 PARKSIDE (ALDERSHOT AND DISTRFCT LEARNING DISABILITY) INDEPENDENT AUDITORS, REPORTTO THE MEMBERS OF PARKSIDE IALDERSHOT AND DISTRICT LEARNING DISABILITY) Oplnlon We have audited the financial statements of Parkside (Aldershot and District Learning Disability) {the 'charity'} for the year ended 30 September 2025 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notes, including a summary of Significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, includlng Financial Reporting Standard 102 'The Financial Reporting Standard applicable In the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice). The financial statements have been prepared in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland {FRS 102) in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. This has been done in order far the accounts to provide a true and fair view In accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. In our opinion the financial statements.. give a true and fair view of the state of the charity's affairs as at 30 September 2025 and of its incoming resources 8nd application of resources for the year then ended" have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., an have been prepared in accordance with the requirements of the Charities Act 2011, Basls for oplnlon We conducted our audit in accordance with International Standards on Auditing (UK} IISAS (UK)) and applicable law, Our responsibilities uncler those standards are further descrlbed In the Auditors, responsibilities for the audit of the financial statements section of our report, We a￿ independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical respcnsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identifi'ed any materia5 uncertainties relating to events or conditions that, individually or collectively, rnay cast significant doubt on the charily's abillty to continue as a gcing concern for a period of at least ￿e1ve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to going concem are described in the relevant sections of this report. Page 12 PARKSIDE (ALDERSHOT AND DtSTRI.CT LEARNING DISABILiri) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) (CONTINUED} other information The other information comprises the information included in the Annual report other than the financial statements and our Auditors, report thereon. The Trustees are responsib5e for the other information contained within the Annual report. Our opinion on the financial statements does not cover the Other information and, except to the extent othetwise explicitly stated in QLtr report, we do not express any form of assurance conclusion thereon, Our responsibility is to read the other information and, In doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconslstencies cr apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, basad on the work we have performed, we ccnclLtde that there is a material misstatement of this other infomiation, we are required to report that fact. We have nothing to report in this regard. Matters on which we are requlred to report by excgption We have nothing to report in respect of the following mattels where the Charit18s (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion.. the information given in the Trust2es' report is inconsistent in any material respect with the financial statements., or suffici8nt accounting records have nol been kept,. or the financial statements are not in agreement with the accounting records and returns., or we have not received all the infomiation and explanations we require for our audit. Rasponsibllltles of trustees As explain8d more fully in the Truste&s' responsibilities statement, the Trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal Gontrol as the Trustees determine is necessary to enable Ihe preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Twstees are responsible for assessing the charivs ability to continue as a going concern, disclosing, as applicable, matters related to going concern 8nd using the going concern basis of accounting unless the Trustees either intend to liquldate the charity or to cease operations, or h£ve no realistic alternative but to do sc. Page13 PARK•lll2 (ALtXERSH.OT ANU DI.9TRI￿ LEARNINQ DI&ABILrrYi INDEPENDENT AufiiTQR8' REPQRT TQ THE ￿MBERs QF PARKSIDE (ALDER8HOT AND DISTRICT LgARNINQ DIBABILrrY) (CONTINUED) AudltOM' r98pvnilbl￿tlOX foi. tho audlt of the flnantlal st#t•m8nts We hav# been appolntèd as audltttr untsr 88Qtlon 14,6 of CharltE¢s Aot 21J11 and r8yert In a¢¢ordance wlth tre Act and relavant rÉ)gulstlons madg Dr havlno effevt tliefftumdèr, our Oblo¢t1V￿ are to obtaln iedyonsblo assuranoe about whother the flnanllld Btatem&nts a9 a ar& from rrt8brio1 mthtotem$nf., whethèr du6 to fraud or fjrr¢r, and to Is8u8 an Audttors, ropurt *F7at Includès our oplnlon. Rea8onable 48yuraEi¢g is a high levèl ol &¥$uran¢s, but Is not a 9¢ssfaTrteè that In audit eonduGted in aGoordan#è wlth ISAS (UK) wlll *lwAy8 deteot a rnaterlal ml¥$tatem¢nt when It ox18ts. Mlsstatoments c&n 4rlso trom fraud or grror arid arg consldorgd nYAtsrfal if, indlvldually Or im th.a 4gwgat•, thL4y could roaaon&bty xpéGt8d lo Inlluenco the 8ccnomlo decl¥ionè of users fak￿ on the of fhgse flnan¢lal 8tst¢msnts. IFT89ularide$, In¢ludii19 Iraud, inatances of non4¢cJmpllance with I&w8 srtd r8sJul8tltsng. W* dp¥lgn pr 8olelii to th2 charlty's tJustw4&, a$ a body, In ￿0)rd￿n00 wtth pÈ>rl 4 of the Charlt1&4 (Ae¢ouF)ii and Report$} Regulations 2QQ8. Our audlt work h8s been Undott,akon 9L) that we Might st8ts to IhF charlty's tNste&B th06¢ rnattetE we are regu1rgd to ¥kte to tham In an Audlt¢r$' rpport find for no olher purpo¥¥. To thé Ful￿8t extent p¢miitt&d by law, wè do not a¢rEptor ￿l￿e re8pnnsibility to amJoNe ot,hor thart the ¢h4rify &nd ￿ tstoe&, a¥ a tJody, ft)r our &udtt work, foi, tbls r¢port, or for thfy oplnlonfj we have formed. Mantax Lynton Ctarterod Accrkintants st8tLrtory Audlt£trs Suit¢ 20Y EqultablH14ousè 7 General Gordon Scparo London SE18 eFH Datts., Mantax Lyfiton are elioEbJe to act as thud1￿18 In term8 of gfyutlon 12.12 ¢oinpanlo8 Aot 2006. Pagg14 PARKSIDE {ALDERSHOT AND DISTRICT LEARNING DISABILITY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 Unrestrlcted funds 2025 Restricted fund$ 2025 Total funds 2025 Total funds 2024 Not8 Income from: Donations and legacies Charitable activities Fundraising income Investments 39,790 492,674 5,290 62,045 28,183 67,973 492,674 5,290 62,045 88,632 471,287 7,078 35,942 Total income 599,799 28,183 627,982 602, 939 Expeiidlture on: Raising funds Charitable activities 11,545 588,291 4,832 20,714 16,177 609,005 15,908 590, 188 10 Total expendlture 599,836 25,346 625,182 606, 096 Total transfers Net movement in funds (371 2,837 2,800 (3,157) Reconciliation of funds". Total funds brought foward Net movement in funds 668,713 137) 223,039 2,837 891,752 2,800 894, 909 (3, 757) Total funds carried forward 668,676 225,876 894,552 891, 752 The Ststement of financial activities includes all gains and losses recognised in the year. The notes on pages 18 to 37 fomi part of these financial statements. Page15 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) BALANCE SHEET AS AT 30 SEPTEMBER 2025 2025 2024 Note Flxed assets Tangible assets Investments 16 17 232,006 510,926 218,704 455, 985 742,932 674,689 Current assets Debtors 18 53,591 161NOS 64,455 213,499 Cash at bank and in hand 214,996 277,954 Current liabilities Creditors.. amounts falling due within one year 19 (63,376) (60, 891) Net cuYr6nt assets 151,620 217,063 Total assets less current liabilities 894,552 891,T52 Net assets excluding pension asset 894,552 891,752 Total net assets 894,552 891,752 Charity funds Restricted fijnds Unrestricted funds 20 20 225,876 668,676 223, 039 S68, 713 Total funds 894,552 891, 752 The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by-. Jos h Finla Chair of Trustees Peter Clanchy Treasurer Date: The notes on pages 18 to 37 form part of these financial statements. Page 16 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2025 2025 2024 Cash flows from operating actlvltlos Net cash used in operating activities 19,272) 17,429 Cash flows fyom investing actlvltles Dlvidends, interests and rents from investments Bank interest received Purchase of tangible fixed assets Proceeds from sale of investment Property Purchase of investments Disposal of investments Movement on investment cash reserve 11,840 2,660 (49,926) 8,33S (35, 769) 373,982 (222,948) 27,169 (9,325) (35,049) 40,647 {12,994) Nat Gash (used in)Iprovlded by Investlng activltles {42,822) 141,444 Cash flows from flnancing activiti83 Net cash providod by financing actlvltles Change in cash and cash equivalents In the year Cash and cash equivalents at. the bèginning of the year (52,0941 213,499 158,873 54,626 Cash and cash equivalents at the end of the year 161,405 213,499 The notes on pages 18 to 37 form part of these financial statements Page 17 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 General information Parkside (Aldershot and Distrlct Leaming Disability) is a charity registered with Charily Commission. The charity's reglstered number and registered office is shown on page 1 of the financial statements. The presentation currency of the financial statements is the Pound Sterling (£), rounded to the nearest pound. Accountlng pollcles 2.1 Basls of preparatlon of flnanclal statements The financial statements have been prepared In accordance with the Charlties SORP {FRS 102} Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charilies preparing thelr accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 2015}, the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) and the Charities Act 2011. The financial statements have been prepared to glve a 'true and fair, view and have departed from the Charities {Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fairf view. Thls departure has involved f¢llowing the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. Parkside (Aldershot and District Learning Dlsability) meets the definition of a public benefit entity under FRS 102, Assets and liabilities are initially recognised at historical cost or transaction value unless otheNise stated in the relevant accounting policy. Page18 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accounting policies (continued) 2.2 Income All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income roceivable can be measured reliably, The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the charity has sufficient eviden￿ that a gift has been left to them (through knowledge of the existencg of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the charity, can be reliably measured. Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. whe￿ income is re￿iVed in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is re￿ived, the income is accrued. Gifts in kind dcnated for distribution are included al valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are 1￿C￿Uded as incorne when they are sold. Where the donated good is a fixed asset, It is measured at fair value, unless it is impractical to measure this reliably, in which case the cost of the itern to the donor should be used. The gain is recognised as income from donations and a corresponding amount is included in the approprlate fixed asset class and depreciated over the useful economic Ilfe in accordance with the charity's accounting policies. On re￿[pt, donated professional servrces and facilities are recognised on the basis of the value of the gift to the charity which is the amount It would have been willing to pay to obtain seNices or facilities of equivalent economic benefit on the open market., a correspcnding amount Is then recognised in expenditure in the period of re￿[pt. Income lax recoverable in relation to donations re￿iVed under Gift Aid or deeds of covenant is recognised at the time of the donation. Income tax recoverable in relation to investment income is recognised at the time the investsrent income is receivable. 2.3 Expenditure Expenditure is recognised onc2 there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation Gan be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than onè activity and support costs which are not atlributable to a single activity are apporiioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Page19 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accountlng pollcles (contlnued) 2.3 Expenditure (continued) Expenditure on raising funds includes all expenditure incurred by the charity to raise funds ft)r its charitable purposes and inclLJdes costs of all fundraising activities events and non-charitable trading. Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.4 Interest recelvable Interest on funds held on deposit is included when re￿1vable and the amount can be measured reliably by the charity, this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. 2.5 Tanglble fixed assets and depreclation Tangible fixed assets costing £250 or more are capitalised and recognised when future economic benefits are probable and the cost or value cf the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairmenl losses, All costs incurred to bring a tangible fixed asset into its intended worklng condition should be included in the Measurement of cost. Depreciation is charged o•0 as tc allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, Depreciation is provided on the following bases: Short-term leasehold property Motor vehicles Fixtures and fittings Computer equipment Other fixed assets 100/0 Straight Line 250/0 Reducing Balance 200/0 Straight Line 200/0 Straight Line I 00/0 Straight Line 2.6 Investments Fixed asset investments are a form Of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured al cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as 'Gainsl(Lossesl on investmenls, in the Statement of financial activitles. 2.7 Debtors Trade and other debtors are recognised at the setllernent amcunt after any trade discount offered. Prepayments are valLted at the amount prepald net of any trade discounts due. Page 20 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accounting pollcles (continued) 2.8 Cash at bank and In hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account, 2.9 Liabllltles and provlslons Liabilities are recognlsed when there is an obligation at the Balance sheet dats as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and Ihe amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Gharity anticipates it will pay to settle the debt or the amount it has re￿iVed as advanced payments for the goods or se￿IceS it must provide. Provisions are measured at the best estimats of the amounts required to sattle the obligation. Where the effect of the time value of money is Material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activitios as a finance cost. 2.10 Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.11 Pensions The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year. 2.12 Fund accounting Genoral funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charily for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund. Page 21 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEM8ER 2025 Income from donatlons and Grants Uniostricted Restricted funds funds 2025 2025 Total funds 2025 Donaticns Grants 39,790 3,000 25,183 42,790 25,183 Total 2025 3g,790 28,183 67,973 Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Donations 36,392 3,216 49,024 39,608 49, 024 Grants Total 2024 36,392 52, 240 88, 632 Page 22 PARKSIDE IALDERSHOT AND DISTRICT LEARNING DISABILITY) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Grants Restricted funds 2025 Total funds 2025 Farnborough Airport Grant HCC for sat zone parents relief payments ESC Lottery Fund RBC Lottery Grant Investec BLackwater Valley Runners ID Portgr> TesGo Groundworks 450 1e,400 1,150 1,908 4,425 500 350 450 16AOO 1,150 1,908 4,425 500 35Q Total 2025 25,183 Restrict8d funds 2024 Total funcls 2024 Famborough Airport Grant Rushmoor Borough Council HCC (Whole System Approach) HCC (Councilor Withers) Tesco Groundworks HGC for sat Zone parents relief payments Awards for All 3,135 I, 000 4,999 672 I,Q50 20,000 18,168 3, 135 1,000 4,999 672 1,050 20,000 18,168 Total 2024 49,024 49,024 Income from charitable activltles Unrestricted funds 2025 Total funds 2025 Service provided to Adults Service provided to children Sensory suite and misc income 483,209 2,360 7,105 483,209 2,360 7,105 Total 2025 492,674 492,674 Page 24 PARKSIDE IALDERSHOT AND DISTRICT LEARNING DISABILITY) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Donations Unrostricted Restricted fund8 funds 2025 2025 Total funds 2025 Rushmoor Borough Council Anonymous Tyas W8bber Farnborough Not Forgetten Club Rushmoor Rotary (Christmas walk) Pinewood Quilters J. Goodman, Kuriositte Mrs Gubbins C McKenzie 13,365 13,900 260 120 1,5QO 330 g2 13,365 q3,900 260 120 1,500 330 92 1,200 175 1,300 100 1,200 175 1,300 100 1,165 204 100 200 1S0 1,000 2,030 1,550 1.000 SOQ 2,000 549 K. Fuller Rushmoor Lottery Hart Lottery S. Mellor D Langdon A Hein Jamican Story Garden N. Halliinan Misc donations Aldershot & District Allotment Assoc Forest Dragon Lodge T. Hasell ASL Commercial Roofing HMRC Gift Aid 1,185 204 100 200 150 1.000 2,030 1,550 1,000 500 2,000 549 Total 2025 39,790 3,000 42,790 Unrestricted funds 2024 Restricted funds 2024 Tofal nds 2024 2024 Donations Donations 36,392 3,278 39,608 Total 2024 36,392 3,216 39,608 Page 23 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILirn NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Income from charltable activities (continued) Unrestrict8d funds 2024 Total funds 2024 Service provided to Adults Servlce provided to children Sensory Suite and misc income 458,813 5,380 7,294 458,613 5, 380 7,294 Total 2024 471,287 471,287 Fundraislng Income Income from fundralslng events Unrestricted funds 2025 Total funds 2025 JET Fundraislng Getaway Group Garden Group Pl P Fundraising The Life Project Fundraising 264 3,246 632 604 544 3,246 632 544 Total 2025 5,290 5,290 Unreslrictad funds 2024 Total funds 2024 Jet Fundraising Getaway group Garden group PIP Fundralsing The Life Project Fundraising 213 5,272 259 578 756 213 5,272 259 578 758 Total 2024 7,078 7,078 Page 25 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Investment Income Unrestrlcted funds 2025 Total funds 2025 Gainl{loss) on disposal of investment Revaluation Gainl(Loss) on investment Interest income- bank Dividend & interest on investments 1,063 46,482 2,860 11,840 1,063 46,482 2,660 11,840 62,045 62,045 Unrestricted funds 2024 Total furpds 2024 Rental income Gainl{Loss} on disposal of investment Revaluatlon Gain/(Lossl on investment Interest income - bank Dividend & interest on investments 751 7,124 15,628 4,192 8,337 751 7,124 15,628 4,102 8,337 35, 942 35,942 Expenditure on raising funds Costs of ralsing voluntary income Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Fundraising costs Support cost- note 11 Governance cost - note 12 8,920 2,419 206 4,632 13,552 2,419 206 11,545 4,632 16,177 Page 26 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Expenditure on ralsing funds (continued) Unrestricted funds 2024 Restricted fvnds 2024 Total funds 2024 Fundraising costs Support costs- note 11 Govemance costs -note 12 7,431 3,306 248 4, 923 12,354 3,306 248 10,985 4, 923 15,908 Page 27 PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 10. Analysls of expendlture on charltable activities Summary by fund type Unrestrlcted Restylcted funds funds 2025 2025 Total 2025 SeNice provided to Adults Service provided to children Support costs -note 11 Governance costs-note 12 344.584 813 223,659 19,235 3,486 15,790 1,438 348,070 16,603 225,097 19,235 Total 2025 588,291 20,714 609,005 Un￿Stricted fvnds 2024 Restricted funds 2024 Total 2024 Service provided to Adults SeNice provided to children Support cost- note 11 Governance cost - note 12 313,214 936 17,995 21,417 3,380 331,209 22,353 220, 167 16,459 216,787 16,459 Total 2024 547,396 42, 792 590, 188 Page 28 PARKSIDE