2025-03-31-accounts

REGISTERED COIIP.4NI %I'IIBER: 08645262 (England and Wales) REGISTERED CHARITY NUMBER: 1154886 ort of the Trustees and naudiled Finan ial S me or the Year Ended 31 March 2025 for nsi in

Onsite Buildin Trust Contents of the Flnancial Statements they arE ded Page Report of the Trustees I to3 Slatement of Financial Activities Balance Sheet Cash Flow Statement Notes to the Cash Flow Statement Notes to the Financial Statements gto14 Independent Examiners Report 15

Onsite Buildin Trust rt of the Trustees for the Year Ended 31 March ?O?q The trustees who are also directo￿ of the charits. for the purposes of the Companies Act 2006. present their report with the financial stalements of the charity. for the )'ear ended J l March ?0?5. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in ihe UK and Republi¢ of Ir¢land IFRS 102) (effective l January 2019). Trustee$ of the ehAri¢y The directors of the charitable company are its trustees for the purposes of charity law. Details of the trustees who have served during the year and since the year end and Can be found on page 3. OBJECTIVES AND ACTIVITIES The charity's mission is to benefit the rcsidcnts of Tecs Valley by fostering community engagement, education, and social welfare. We achieve this by collaborating with residents. local authorities, and voluntary organisations to provide inclusive recreational and educational opportunities that improve quality of life. In support of these objectives. the charity mainiains and manages communiiy c¢ntr¢s, ensuring they remain vibrant hubs for activities that enrich the lives of local residents. Where appropriate. we also collaborale with statutory authorities to manage these spaces effectively. ACHIEVEMENTS AND PERFORMANCE The 202412025 financial year marked the charity's tenth full year of operation, another successful year in delivering meaningful support to our beneficiaries. While income fell slightly below budgetary projections, our community centres continued lo provide a diverse fdnge of life-enhancing social. educational, and recreational activities, empowering individua]s lo reach their full potential. Like many organisalions. wc faced challenges. Rising energy costs continue to limit available funds for building improvements. However. the charity is making significant progress in resolving long-standing issues related to over¢harges by ihe lo¢al authority for energy at two of our centres. We are actively working towards separating energy supplies, which will enable us lo secure more favourable contracts and reduce operational costs in the long terni. Key milestones from the year include: Gym Service5: Membership has stabilised al approximately 90 members, providing ongoing fitness opportunities for the community, Soft Play Services: Continues to support child development while generating a modest income stream for the charity. Sustainability InitiAtive5: Solar arrays installed at Ragworth and Elmwood have successfully reduced electricity costs and the charity's carbon footprint and further invest in renewables is planned for Stillinglon and Marsh House. Funding & Infrastructure Improvements.. A funding application submitted into the Nalional Lollery Reaching Comniunilies Fund in 2024 was successful and the charity secure £171.840 to invest in essential building repairs at Stillinglon Village Hall, ensuring its long-term viability as a communily re50urce. Despite financial challenges, the charity has remained committed to keeping rents affordable for the vast majority of service users. ensuring continued accessibility and support for local r¢sid¢nts. Page I

Onsite Buildin Trust Re ort of the Trustees - continued for the Year Ended 31 March 2025 FINANCIAL REVIEW As reflected in the Statement of Financial Activilies. Ihe charity had net outgoing resources for the year of £58,338 (?0?4'. net incoming resources of £66.1561. The Irustees consider that the cash-backed unrestricted funds broadly cquivalent to three month 'core' annual expenditure across thosc fund5 would be sufficient to enable them to restructure or wind up the charity'5 affairs in an Orderly manner. This minimuill level of cash-backed unrestricled funds is cu￿en11Y estimated at circa £135.000 which was surpassed by the unrestricted cash and bank balances at both 31 March 2024 and 31 March 2025. This position is carried forward into 202512026 and will be reviewed ￿ the charity continues to develop its activities. PLANS FOR FUTURE PERIODS The focus on 'invest to save, initiatives will continuc. as wcll as reducing energy costs and waste. The Charity is s¢¢king to install further solar panels ai Elmwood and Marsh House. We will also continue to invest in growing our staff team, and providing them with new skills. to reduce dependence on external contractors and ensure that we have a well-molivaled. multi-disciplinar). learn. Wilh one eye on the future, we are looking to continue to invest in the key areas of the centres that generate a positive customer experience including carpeting, decorating, and refurbishin&y toilets focus on areas of greatest need. We are also working wilh a number of partners to seek to obtain a Playzone at the Grangefield site. sTRu￿URE,G0vERNANC￿ AND MANAGEMENT Governing document The charity is ¢ontroll¢d by its governing document, a deed of trust, and constitutes a limited company* limited by guarantee, as defined by the Companies Act 2006. Rlsk Management The management of healih and safety for our staff And customers remained a high priority in 202312024. An annual review was undertaken with the findings considered by the Board. HeY41th and safety is also considered by th¢ charity's senior management leam and at team meetings. Compliance is checked regularly and routinely in relation lo fire s&fely, asbestos, electrical safely, gas safety and legionella. to ensure that all requI￿d certification is in place. Building inspections are carried out regularly by Centre Manager5 and senior slaff alongside this ptr)cess. Page 2

Onsite Buildin Trust ort of the Trustees- continued for the l'ear Ended 31 March 2025 REFERENCE AND ADMINISTIL4TIVE DETAILS Registered Company number 08644?6? (England and Wales) Registered Charity number 1144886 Registered offlce Elmm'ood Cenlre 53 Darlington Road Stockton-on-Tees TS18 SEP TrusteeslDireclors GLee S Hosking A J Campbell U A Hanif Mrs C Clat* D Basset J Hadman MAnAglng Direetor l Bmwn CompAny Secretsry l Brown Independent Examiner J P Walters & Co Charte￿d Accountants 67 Duke Slreel Darlington Co. Durham DL3 7SD Bankers The Co-operative Bank P.O.Box 250 Delf Hous¢ Southway Skelmersdal¢ WN8 6WT Report of the t stee5, incorporJtin$ a strategic report. apptDved by order of the l)oard of trustees, as the company directors. on ....ts....Tiiffj.-..£ti.L...a.. and signed on the board's behalf by: .S Hosking - Trustee Page 3

siie B ildin Trust Statement of Financial Activities for ihe l'ear Ended 31 March 2025 Unrestricted funds 20?5 ?0?4 Restricted funds ?025 2024 Total fund5 2025 2024 Notes INC011E Granls. donations and legacies Income from charitable activities Other income 8.055 560,479 62,022 97,345 20,000 10.331 11,109 105.400 570,810 62.022 20,000 520.393 67.434 509.284 67.434 TOTAL INCOME 630.556 576,718 107,676 31.109 738,232 607.827 EXPENDITURE Charitable activilies 683.667 616,559 112,903 57,424 796.570 673.983 TOTAL EXPENDITURE 683.667 616,559 112.903 57,424 796,570 673,983 Net (¢xpenditure)lincome for the year (53.111) (39,841) (5,227) {26,315} (58.338) (66.156) Transfers between funds 16 Net movement in funds RECONCILIATION OF FUIYDS (53,111) (39,841) (5,227) (26,315) (58,338) (66.156) Total funds brought forward 794,040 833.881 25.039 51,354 819,079 885,235 TOTAL FUNDS CARRIED FORARD 740.929 794,040 19,812 25.039 760.741 819.079 The Statement of Finan¢ial Actiiities include5 all gains and losses re¢ognised in the year. All incoming resources and resources expended derive from continuing activities. The notes fonn part of these financial statements Page 4

Onsite Buildin Trust Balan¥e Sheet J I Ilarch ?0?5 Unrestricted funds Restricted funds Tolal funds Tolal funds Notes FIXED ASSETS Tangible assets 13 372,798 16,474 389,272 383.876 CURRENT ASSETS Debtors Cash at bank 14 51.216 339 350 51,216 362.014 63,717 427,897 Total 390,566 22.664 413,230 491.611 CREDITORS Amounls falling due within one year 15 (22,435) (19.326) (41,761) (56,408) NET CURRENT ASSETS 368 131 371469 435 203 NET ASSETS 740 929 19,812 760 741 819079 FUNDS Unreslricled funds Reslriaed funds 16 740,929 794,040 TOTAL FUNDS 760,741 819079 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the Company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring thal the chariiable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statemenis which give a true and fair view of the state of affairs of the charitable company as at the end of each finhneial year and of its surplus or deficit for each financial year in accordanc¢ with the requirements of Sections 394 and 395 and which otherwise comply with the requi￿ ments of the Companies Acl 2006 relating to financial statements. so far as applicable to the charitable company. (b) These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 4?..1.ts.1.% 492.&..... and were signed on its behalf by: S Hoskinq- Tru G Lee - Trustee The notes form part of these financial statements Page 5

4?h4e Buildino Trnsi C25k F!ii Siarement tLJr the l-ear Ended J I Ilarch ?0?5 31.3.25 31.3.24 Notes Cash flows from operating activities Cash generated from operations 38 507) 44.118) Net cash (outflowvinflow from operating activities 44.118) Cash flows from investing aetivitles Interest element Purchase of tangible fixed assets 27.376 719 Net cash outflow ftDm investing activities 719 CA8h flows from finAncing ctivities Capithl repayments- finance lease contracts Net cash outflow from financing activities Change In CA$h and cash equivalents In the reporting period Cash and cash equivalents xt the beginning of the reporting period (65,883) {44.837) 427 897 472 734 Cash and cash equivalents at the end of the reporting perlod 362014 427 897 The notes form part of these financial statements Page 6

Onsite Buildin Trnst Notes to the Cash Flow Statement for the Year Ended 31 March ?0?5 RECONCILIATION OF NET IJCOMEI(EVENDITL RE) TO NET CASH FLOW FROM OPERATIIYC ACTIVITIES 31.3.25 31.3.24 Net {expenditure)lincome for the reporting period (gs per the Statement of Financial Activities) Adjustments for: Depreciation charges Interest element of finance lease payments Decrease/(increase) in debtors (De¢rease)lincrease in creditors 158,338) (66,156) 21.980 23.573 12,498 14.647) 21,674 23,209) Net eash provided by operations 38 507) 44 118) ANALYSIS OF CASH AND CASH EQUIVALENTS 31.3.25 31.3.24 Notice deposits Iless ihan 3 months) Overdrafts included in bank loans and overdrafts falling due within one year Total cash and cash equivalents The notes forni part of these financial statements Page 7

Onsite Buildin Trust otes to the Financial Statements for ihe l'ear Ended 31 March 2025 ACCOL:NTING POLICIES Basts of preplring the finAneial statements The financial statements of the charilable company, which is a public benefit entity under FRS 102. have been prepared in accordance with the Charities SORP IFRS 102) 'Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounis in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective l January 2019),. Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland,. the Charities Act 2011 and the Companies Act 2006. The financial siatements have been prepared under the historical cost convention. Change in basis of accountlng or to previous accounts There has been no change to the a¢¢ounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. Income R¢cognition All income is recognised in the Ststement of Financial Activities once the charity has entitlement to the funds, it is probable that th¢ income will be received. and the amount can be measured with Su￿1Clent reliability. {a) Grants and donatlons Voluntary income received by way of gr8nts and donations is included in th¢ Sip¢tement of Fin8n¢ial Activities when receivable and only when the Charity has unconditional entitlement to the income: (b) Donated assets, servieos and f&cilities These are only included in income {with an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantifiable, measurable and material. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure. it is probable that A Iran5fer of economi¢ benefits will be required in settlement and the amount of ihe obligation Can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related lo the calegory. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis ¢onsistenl with the use of resources. Grants offered subject to conditions which have not been met at th¢ y¢ar ¢nd date are noted as a commitmeni but not accrued as expenditure. TAnglble flxed assets Depreciation is provided at the followtng annual rates in order to write off each assei over its estimated useful life. Leasehold property Furnilure, plant and equipment Computer equipment Caravan Motor vehicles Straight line over the terni of the lease 150/0 reducing balance 250/0 Straight line 150/0 reducing balance 25¥0 reducing balance T*xation The charity is exempt from corporation tax on its charitable activities. Fund a¢¢ounting Unrestricted funds can be US￿ in accordance with the charitable objectives at the discretion of the trustees. Reslricted funds can only be used for particular restricted purp)ses within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nalure and purpose of ea¢h fund is in¢luded in the notes to the financial statements. Page 8 continued...

Onsite Buildin Trnst Notes to the Financial Staiementi- ¥ontinued for the Year Fnded 31 l1arch :01- Pension eosts And other post-retlrement benefits The charitable company operates a defined coniribuiion pension scheme for the benefit of ils employees. Contributions payable to the charitable company's pension scheme are charged to the Statemenl of Financial Activilies in the period to which they relate. The charity is also part of a multi-employer defined benefit pension scheme. the Tee5side Pension Fund. which 15 administered by Middlesbrough Borough Council. As the Gharity's contributions are set in relation to the current service period only and are not affected by any surplus or deficit in the scheme relating lo past service of its own employees. the actual contributions paid a￿ I￿ated as the Cost to the charity in the acwunls. Oper*ting leases Renials appliL¢ible to operating leases. where substantially all of the benefits and risks of ownership remain wilh the lessor. are charged against revenue on a straight-line basis over the period of th¢ lease. TrAde debtors Trade and oiher debtors are rccognised at the settlement amount due after any trnde discount offered. Prepayments are valued al ihe amount prepaid net of any trade discounts due. Cash And cash equivalents Cash and cash equivalenls comprise cash al bank and on hand and short-terni highly liquid investments with original maturiiies of three months or less. Trade and other creditors Short temi creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting froni a past event that will probably result in the transfer of fuds to a Ihird party and the amount due to seiile Ihe obligation can be measured or estimated reliably. ('. reditors and provisions are normally re¢ognised at their settlement amount after allowing for any Irade discounts due. COMPANY STATUS Onsite Bltilding Trust is a private company limited by guarantee registered in England. In the event of the charity being wound up, the liability in respect of the guarantee is liniited lo £1 per member of the charity. The address of the registered o￿le¢ is &yiven in the charity inforination on page 4 of these financial staleinenls. The nature of the charity's operations and principal activities are to advance education and the provision of facilities in the interestg of social welfare for recreation and leisure time occupation. DONATIONS AND LEGACIES Unrestricted funds 2025 2024 Restricted funds 2025 2024 Toial funds 2025 2024 National Lottery Community Fund Northern Impact Busines5 Growth Fund Stockton Borough Council 97,345 20,000 97,345 20,000 8,055 8.055 8,055 97,345 20,000 105,400 20,000 The charity benefits from the involvement and enthusiastic support of its volunteers. In accordance with accountin¥ standards, the eo)nomic contribution of general volunteers is not measured in the accounts. Page 9 continued...

Onsite Buildin Trust Notes to the Financial Statements - coniinued for the Year Ended 31 .Mar¢h ?0? INCOME FROM CHARITABLE ACTII'ITIES UntEstricted funds 20?5 2024 Restricted funds 2025 2024 Total funds ?0?5 ?0?4 Room hire and lettings 560.479 509.284 10.331 11,109 570.810 5?O.i9J OTHER INCOME Unre5tri¢ted funds 2025 ?024 Restricted funds 2025 2024 Total funds ?0?5 ?0?4 Gym Membe￿h]ps Parties and soft play Cleaning setvices Pitch hire Miscellaneous income Interest received 9,019 34,461 6.132 9.233 848 2.329 11,007 33,643 14,156 8.628 9.019 34,461 6.13? 11.007 33,643 14.156 8,6?8 848 2,329 62.022 67,434 62,022 67,434 6. CHARITABLE ACTIVITIES COSTS Notes Unrestricted funds 2025 2024 Restricted funds 2025 2024 Total funds 2025 2024 Salaries and wages Social security costs Pension contributions Core overhead contributions Gas Electric Rates and water Maintenance contracts Licences Insuran¢e Printing. postage and stationery Computer costs Cleaning Marketing and prnmotion Staff travel Volunleer and board expenses Training Repairs and renewals Caravan site fees Sundries Bad debts Loan interest Depreciation Support costs Governance costs ?50.554 239.553 12.669 19.926 22.157 20,347 14.248 6?.963 69.?66 8.765 17.141 3.661 29.577 180 1,060 6.5?3 3.656 2.916 194 422 93,751 250,554 12.669 22.157 16,048 6?,963 239.553 19,9?6 20.347 1,800 61.195 74.903 7.617 17.706 2,262 8,805 403 61.195 74.903 7,762 17.706 2,26? 9,298 403 145 8,765 17,141 3,661 29,577 180 1,060 8,802 3,656 2,916 194 422 183,564 7.787 2.936 493 27.942 840 3,012 338 561 51,205 2,279 2,583 30,5?5 840 3.012 338 561 93,218 9,671 540 89.813 42,013 7.787 9.671 129 2,807 540 844 ,425 844 1,675 844 ?3.573 5).?49 4.?$7 20.555 55.452 5,150 21,898 53.249 4,?57 21.980 55,45? 13.976 8,826 683,667 616.559 112.903 57,424 796.570 673.983 Page 10 continued...

Onsite Buildin Trust Notes to the Financial Staiements - continu for the Year Ended 31 March :01- 7. SUPPORT COSTS Basis of Apportionment Staff role Siaff role Staff role 31.3.25 31.3.?4 Wages and salaries Social se¢urity costs Pension conlributions 50,121 2,825 49,6?1 2.482 55,452 GOVERNANCE COSTS 31.3.25 31.3.24 Accountancy Legal and professional fees 2,400 1,576 3.330 927 9. NET INCOMEI{EXPEIYDITURE) Net incomel{expend1tu￿) is gtated after charginW(crediling): 31.3.25 31.3.24 Depreciation Indcpcndent Examiner's fees: External scrutiny Other services 21,980 23.573 600 1,800 600 2,730 10. TRUSTEES, REMUNERATION AND BENEFITS No remuneration was paid to any trustee or to any person connected io them nor for the year ended 31 March 20? 5. No trustees were reimbursed any expenses {?0?4.' Nil>. The charity has indemnity insurance on behalf of the trustees. I I. STAFF COSTS 31.3.25 Wages and salaries Social security costs P¢nsion conlribution5 300,675 15.494 24,663 ?89.174 340 832 333.075 The average monthly number of employees during the year was as follows: 31.3.25 12 Direct charitable staff Administrative 16 17 No employees received emoluments in excess of £60,000. The total employment benefits of key management personnel were £106,143. Pagell continued...

Onsite Buildin Trust Notes to the Financial Statements- continued for the Year Ended 31 ,March ?O?- 12. COMPANY STATUS H M Revenue & Customs Charities Division have approved the charitable status of Onsite Building Trust and its income is therefore exempt from tsx. under Sections 505 and 506 of the Taxes Act 1988, provided that it is applied for charitable purposes only. 13. TANGIBLE FIXED ASSETS Le&sehold Plant and Computer Property Equipment Equipment Motor vehicles Caravan Total COST At l April 2024 Additions Disposals 306,229 209,158 27.376 12,727 30,000 8,350 566,464 27.376 At 31 March 2025 306,229 236.534 12.727 30.000 8.350 593.840 DEPRECIATION AÉ l April 2024 Charge for the year Eliminated on disposal 17,675 3,182 127,260 16,391 12,048 170 20,503 ,425 5,102 812 182,588 21,980 At 31 March 2025 20,857 143,651 12,218 21,928 5,914 204,568 NET BOOK VALUES At 31 March 2025 285,372 92,883 509 8,072 2.436 389.272 At 31 March 2024 288,554 81,898 679 9,497 3,248 383,876 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade debtors Other debtors Prepayments and ac￿U¢d in¢ome 50,835 381 47,080 2.190 63,714 15. CREDrroRS: AMOUIYTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade creditors and ac¢ruals Social security and other ￿eS Other loans 17,269 5,166 19.326 20,754 10,490 41.761 56.408 Page 12 continued...

Onsile Buildin Trust otes to the Financial Statement5- continu for ihe l'ear Ended 31 March 2025 16. MOVEMENT IN FUNDS Transfers between Funds Ai 31.3.25 2025 At 1.4.24 Income Expenditure Lnrestrieted funds General 794,040 630,556 683,667 740,929 Restricted funds Stockton Borough Council Caravan lettings National Lottery Northern Impact Business Growth Fund 11,172 1.131 12,736 2,069 13,050 97.784 9,103 (1.588) 12.297 10,331 97,345 Total Restricted funds 25,039 107,676 112,903 19,812 Total Funds 819,079 738,232 796,570 760,741 Transfers between Funds At 31.3.24 2024 At 1.4.23 Income Expenditure Unrestrlcted funds General 833.881 576,718 616,559 794,040 Restricted fund5 Stockton Borough Council Caravan lettings Thirteen Housing National Lottery Northern Impact Business Growth Fund 11.172 5,504 11.172 1.131 11.109 15,482 20,000 7,264 12.850 21.828 12,736 12,850 21,828 Total Restrlcted funds 51,354 31,109 57.424 25,039 Total Funds 885,235 607,827 673.983 819,079 Restricted funds: Stockton Borough Council - the ownership of a ¢aravan was transferred from Stockton Borough Council to the charity on l March 2017. The Caravan must be used only for a project &s set out in an agreement with Stocklon Borough Council. Caravan lettings income- income from the letting of the caravan which must be used in ac¢ordan¢e with the ternis of a Conditional Asset Transfer Agreement with Stockton Borough Council for a period of l O years from l March 2017 until 28 February 2027. Page 13 oontinued...

IL) the Financial Statement - continued ,Y=.ne l'ear Ended JI Ilarch ?0?5 thern Impaci- fundingiowards solar panels at Ragworth Communit). Centre. Business Gromth Fund- funding towards Capital works ai Grangefield Communiti. Centre. .4%.4LI'SIS OF NET ASSETS BETWEEN FUNDS Tangible Fixed Assets Net Current Assets 31.3.25 Restricted funds ln￿strICted funds 16.474 372.798 3,338 368,131 19.812 740.929 389.272 371.469 760,741 18. RELATED PARTY DISCLOSURES There were no related party Iransaclions for ihe year ended 31 March 2025. 19. CONTROLLING PARTY Throughout the period under revieNv, the charity was under the conttDI of the Board of Trustees. 20. PENSION SCHEME The eharity operates a defined contribution pension plan for its employees and is also part of a multi-employer defined benefit scheme. The Teesside Pension Fund, which is administe￿d by Middlesbrough Borough Council. The pension costs charged in the financial statements represent the contributions payable by the charity in the year and amounted to £24.663 (2024.. £22.8291. of which £1,660 was outstanding at the year end {2024: £2,896). Page 14

Inde endent Examinerfs Re site Buildin Trust ort to the Trustees of Independent examiner's report to ihe trustees of Onsite Building Trustd {'the Company,) I report to the charity trustees on my examination of the accounts of Ihe Company for the year ended 31 March 2025. Respon$lbllities Ind bisis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (Ihe 2006 Act,). Having satisfied myself that the accounts of the Company att not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's a¢counts as Carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 A¢t. Independent examiner's statement Since your charity's gross income exceeded £250,000 your examiner must be a member of 8 listed body. I Can ¢onfirni that l am qualified lo undertake the examinaiion because l am a registered member of the Institute of Chartered Accountants in England and Wales {ICAEW), which is one of the listed bodies. I have completed my examination. I confirni that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act: or Ihe accounts do not ac¢ord with those records; or Ihe accounts do not Comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the ￿cOunt$ give a Iwe and fair view which is not a matter considered as part of an independent examination. or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Pra¢ti¢e for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)). I have no concerns and have come across no other matters in connection with the examinaiion to which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. J P Walters FCA J P Walters & Co Chartered Accountsnts 67 Duke Str¢¢t Darlington Co. Durham DL3 7SD Page 15