THE BUNGALOW PARTNERSHIP CHARITY NUMBER: 1160501 STATEMENT OF ACCOUNTS YEAR ENDED 31st AUGUST 2025
THE BUNGALOW PARTNERSHIP TRUSTEES. REPORT FOR THE YEAR Et4DED 31st AUGUST 2025 The trustees. present their report and the unaudited financial statements for the year ended 31 August 2025. This report has been prepared in accordonce with the Charities Act 2011 and 'Accounting and Reporting bv Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UKand Republic of Ireland IFRS 1021, las amended for accounting periods commencingfrom l January 20161. REFERENCE AND ADMINISTRATIVE INFORMATION Charlty name The Bun8alow Partnership Charity re8lstratlon number 1160501 Head Offlce and Operational Address Rose Wood Academy The Garth Coulby Newham MIDDLESBROUGH TS8 OUG Trustees Louise Coates Terry Begley Paula Taylor Paul Cowley Tracy Hodgson Manager Marie Blythe Independent Examlner Mrj Gresham FCCA Gresham and Gale 14 Fountain Street Guisborough TS14 6PP Oblectlves and activitie5 The objects of the charity as set out in it5 constitution are: For the public benefit, the advancement of education ot children and their families who have 50cial, emotional or behavioural needs in order to enable them to participate fully in society and mainstream education and to act as o resource for such children. and their familie5, by providing advice and assistance with a view to improving the condition5 of life of such persons. The trustees have complied with the duty in section 17 of the Charities Act 2011 to have due re8ard to publi benefit guidance published by the Charity Commission.
THE BUNGALOW PARTNERSHIP TRUSTEES, REPORT FOR THE YEAR ENDED 31st AUGUST 2025 (continued) Achievernents and performance The Bungalow Partnership's operational funding 15 met by a mixture of commissioned Service Level Agreements, spot purchase commissions from schools. Local Authorities, Adoption Services and private referrals from families. In addition, our training and consultanLV services generate additional revenue. along with voluntary donations and grant funding from a range of different grant providers. Expertise that is offered ranges from a wide variety of therapeutic interventions (including art psychotherapy, play therapy, psychotherapy, psychotherapeutic counsellin& EMDR. Co¥Jnselling, Child Parent Relationship Therapyi Systemic Therapy, Therapeutic Life Story interventions, Family Therapy. Filial & DDP informed Therapy. In addition to our therapeutic offer, we also provide aut15m and trauma consultancy, parenting support. groupwork and mentoring. Our Care to Share service provide5 a hybrid of supervision and emotional support to practitioners in education and the voluntary sector. We also provide clinical supervision to therapists from partner therapeutic seNice5 and schools. The Partnership has regular contact and close workin8 relationships with both statutory and non-statutory organisations in the Teesside area. where we regularly signpost appropriate referrals to. A strong working relationship has been developed with Teesside University, Leed5 Beckett University, Middlesbrough College, Stockton Riverside College, an(J Darlington College who regularly provide Social Work. Counselling, Art Psychotherapy & Play Therapy students to The Bungalow Partnership on long and short-term placements. The Bungalow Partnership supported children. young people and families acrossTees Valley and extended its reach to include North Yorkshire, Tyneside and Durham. OL5r work takes place across one of the countries, highest areas of deprivation. The team continued to offer flexibility balancing face to face support with the contingency of virtual/ online sessions when needed. The demand for the service remained high with a far greater need being identified in parents also needing support. The increased complexity of the referrals into the charity and the increased volume of referrals from Local Authorities and Adoption Services. has led to a greater need for the delivery of specialist Adoption Support Fund approved therapies. To meet the changing need and demand for these specialist therapies we have expanded the expertise within the team through recruitment, in-house and external training for staff. During 202412S we supported 75 schools across Middlesbrough, Stockton, Redcar & Cleveland, North Yorkshire & Darlington. We a150 worked with children referred by Middlesbrough Local Authority. Stockton Local AuthoritV* Redcar & Cleveland Local Authority, Darlington Local Authority. Adoption Tees Valley, Adopt Coast to Coast. To8ether for Children and had 42 children and adults referred in privately. Support During 2024125 The Partnership has provided the following support: Therapeutic support for 422 children and their families Parent Support 'Drop-In'13hr sessions) in I school Care to Share Therapeutic Support & Clinical Supervision in 15 schools/ Services Specialist Family Therapy Assessments and Court Appointed interventions for 7 families Group Interventions for 4 schools Consultancy for 11 schools
THE BUNGALOW PARTNERSHIP TRUSfEES' REPORT FOR THE YEAR ENDED 31st AUGUST 2025 (Continued) Tralnlnz The Partnership expanded on ourtraining provision, delivering a wide range of training events, which covered topics including: Staff Wellbein8 workshop5 Working Creatively with Bereaved Children How to Reach Children and Young People Who Fear Connection FASD Training Executive Functioning Training Trauma sensitNe School Training Supporting The Anxious Child Supporting Attachment and L055 through Creative Activities Re8ulating The Teenage Brain We delNered the training through a mixture of face to face and online training events. In response to prior feedback from training participants. we provided full day. half day and twilight training to maximise participant accessibility. 2024125 saw an increase in the delivery of whole staff INSET training for schools, with our trainers offering 11 inset training events that supported the learning of 376 local teachers and practitioners. Trustees The Bungalow Partnership continued to operate within the Charity Commission Constitution, with ongoing s¥Jpport from Trustees.. Terry Begley, Louise Coates, and Paula Taylor. Bernie Rizii-Allen retired from her post as Trustee. and we welcomed to the Board of Trustees Paul Cowley and Tracy Hodgson. At the time of this report, we are currently recruitin8 additional Trusteesto expand the knowledge and experience of the Board of Tru5tee5 to ensure that we have the support and advi available as we expand and move into our next phase of strategic and operational management. Stafflng The Bungalow Partnership employ a full time Director, a full time Deputy Director, two Business Managers, lone fijll time and one working 3 days per weekl. part time Placement Coordinator, 2 Art Therapists, 2 Play Therapists. 2 Psythotherapeutic Counsellors. I Counsellor and l Family Therapist. We also contract 34 Self-employed practitioners from the fields of Psychological Therapies. Education, Autism. Health & Social Care. students & Volunteer5 Durin8 this period, we have supported the following students on placement: 3 Trainee Counsellors I P5ycholo8y Student Donations and Sponsorship We had donations totalling E8.438.
THE BUNGALOW PARTNERSHIP TRUSTEES, REPORT FOR THE YEAR ENDED 31st AUGUST 2025 {continued) Achievements The charity continues to expand the range of therapeutic modalitbes being provided, ensuring inclusNity and motching need of the local community. The Bungalow Partnership continues to move from a largely self-employed led approach to 5toffing to developing an employed management team and core staffing group, offering increased security to team fnembers. The Bungalow Partnership increased its reach into North Yorkshire and Darlington areas. Overall increase achieved in reaching more children. young people. parents and profes5iona15 through our therapeutic support, consultancy. training and group work. The profile of the charity has continued to improve via involvement in Local mental health and wellbeing networks, NHS forums. providing talks to Colleges and Universities and by attendance at a wide range of promotional events across Tees Valley. The charity secured the Corporate Sponsorship of Middlesbrough 8rass Castle Golf Club, raisin8 valuable voluntary funds and improving connections with the local community- The charity contributed to Teesside Univer5itie5' Art Psychotherapy Apprenticeship course and the Trauma Conference. The Bungalow Partnership again held its Christmos Appeal. distributing toy and food hampers to local families in need. Moving forward The Partnership continues to grow and develop amid an increase in local mental health and therapeutic awareness and provision at a preventative level. The charity is emerging as a specialist therapeutic provision within our field, with expertise in developmental trauma and creative therapies. Our commitment to and investment in the provision of specialist therapeutic parenting support and family therapies has earned us the positive reputation from Local Authorities, CAFCASS, Family Court, Specialist Psychologists and Educational Psychologi5t5 a5 being charity that achieves positive outcomes for families navigating challenging Sltuations. We have continued to have an increase in spot purchases from schools and Local Authoritie5 and have been successful in adapting our model of support to include support at the early intervention. moderate. high need and specialist levels. We will continue to focus on increasing the voluntsry and bid applications in the upcorning academic year, to enable us to manage the increased demand for our service and the ever Incas1nB need to support families who may not be able to be supported via our school or Local Authority contracts. We hope, with grant funding to expand our charity to include focused and specialist support in the areas of autism. trauma. Foetal Alcohol Spectrum Disorder. and children and young people impacted by Emotionally based school anxietv. The Partnership aims to expand on our Inset training delivery and the range of sUPPOrt offered to include mentoring and coaching, alongside our therapeutic provision. Plans are in place to increase Autism specific consultancy and stabilisation work for young people and adults who may not be ready to access therapy yet require support with regLslation. We are also in the early stages of developing coftsultancy surgeries for schools. nurseries and voluntary sector organisations. Financial Review The Statement of Financial Activities shows the result of the charity for the year. During the year there was an increase in general reserves to £238,899. The Trustees have agreed the revised Reserves Policy as below to secure the future ftn8ncial stability of the charity. The Trustees are confident that the charity can continue as a going concern.
THE BUNGALOW PARTNERSHIP TRUSTEES. REPORT FOR THE YEAR ENDED 31st AUGUST 20251continued) Flnanclal Reser¥es Pollcy The Bungalow Partnership's main source of income is currently dependent on schoo15 and other organizations buying into the service we provide to susiain its activtties. Therefore. if there were to be a gap in our main source of income it is likely that The Bungalow Partnership vuld experiente financial difficulties and may have to close. In order to protect the charity. provide stability and avoid closure due to funding difficulties. through either the income not reaching expetted levels or a downward pressure on cash flow. the Board of Trustees has agreed to keep a certain level of financial reseryes to ensure that it can meet its charitable objectives for the foreseeable future. The maln concerns of the Board of Trustees are to ensure: that staff can continue workin& primarily to secure new funding- that memberslservice users are SUprted until alternative services are in place,. that prepoid contracts and financial commitment5 are met. It is antlCiP3ted that The Bungalow Partnership's funding structure will provide our main source of income and will secure the day-to-day activities of The Bungalow Partnership. However, if difficulties were to arise then it has been calculated that reserves of approximately £124,CMXJ Uld be required to continue operating for at least 4 months to either manage the temporary downturn or wind-down and close the charity. The level of reserves should be calculated and monitored every 4 months by the Director and Board of Trustees. If reserves exceed running costs for one term {4 months). the money will be used to fund a project to benefit children/parents to be decided by the Trustees in response to current need. This policy will be reviewed annually as part of the Finance Meeting and whenever there are significant changes in operational costs. Governin Document The charity is a Charitable Incorporated Organisation governed under its Constitution. registered with the Charity Commission on 16, February 2015. Recruitment a ointment and trainin of Trustees The trustees are recruited from a pool of individuals who support the organisation. Potential trustees are briefed by the board and given copies of relevant policie5 and procedures. Or anisational Structure The trustees are responsible for the strategic objectives of the charity- The day to day running of the charity is delegated to a director who is employed by the charity fvll time. Related Parties There are no related parties other than Trustees and their immediate family. Risk mana ement The trustees constantly review the risks to which the charity is exposed and to this end they put in place systems and strategies to minimise those risk5.
THE BUNGALOW PARTNERSHIP TRUSTEES. REPORT FOR THE YEAR ENDED 31st AUGUST 20251continued) Statement of trustees, re5ponsibilitie5 The trustees are responsible for preparing the Trustees. Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accountin8 Practice). Charity law requires the trustees to prepare financial statements for each financial year. which give a true and fair view of the State of affairs of the charity 3nd of the income and expendsture of the charity for that year. In preparing these financial statements. the trustees are required to: select suitable accounting policies and then apply them consistently.. observe the methods and principles in the Charities SORP 2015 IFRS 1021 make judgements and estimates that are reasonable and prudent- state whether applicable accounting standards have been followed. Subject to any material departures disclosed and explained in the financial statements: prepare the financial statements on the going concern basis unless It is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 the Charities (Accounts and Reports) Regulations 2(8 and the provision5 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. Approved by the trustees. Terry Begley Trustee Date Iq g 2026
THE BUNGALOW PARTNERSHIP INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE BUNGALOW PARTNERSHIP I report on the accounts of the charity for the year ended 31, August 2025 which are set out on pages 8 to IS. Respertive responslbllltles of trustees and exarniner The charivs trustee5 are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 14412) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility 10- examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the Beneral Directions grven by the Charity Commission under Section 14515llbl of the 2011 Art. and state whether particular matters have come to my attention. Basis of independent examlner's report My examination was carried out in accordance with ihe general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair Vie and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection wlth my examination. no matter has come to my attention: which gives me reasonable cause to believe that. in any material respect. the requirernents- to keep accountin8 records in accordance with section 130 of the 2011 Act: and to prepare accounts which accord with the accounting records and comply with the accotJntin8 requirements of the 2011 Act hove not been met- or to which. in my opinion. attention should be drawn in order to enable a proper understandin8 of the accounts to be reached. Mrj Gre5h3m Gresham and Gale 14 Fountain Street Gui5borough TS14 6PP Date 27th May 2026
THE BUNGALOW PARTNERSHIP BALANCE SHEET AS AT 31st AUGUST 2025 2025 2024 Note Flxed assets Intangible assets Tangible assets 5,940 1,150 1,365 7.305 7,090 Current a55ets Debtors and prepayments Cash ot Bank and in Hand 8,086 227,957 11.106 209,887 236.043 220,993 Creditor5: amounts fallin8 due wlthin one year io 14.4491 13.530) 231.$94 217,463 Net assets 238,899 224,553 Income funds Unrestricted Funds General Funds li 238.899 224,553 238,899 224,553 Approved by the trustees- Terry Begl Trustee Date - lJ£a6
THE BUNGALOW PARTNERSHIP StATEMENT OF FINANCIAL AcnviTIES Including INCOME AND EXPENDITURE ACCOUNT YEAR ENDEO 31st AUGUST 2025 2025 Total Funds 2024 Total Funds Unrestricted Funds Restricted Funds Note Income from: Donations and legacies Charitable atiivities Bank interest received 8.438 464,827 1,460 8,438 464,827 1.460 7,259 417,578 1.715 Total income 474,725 474.725 426.552 Ex enditure on: Charitable octivities 460,379 460,379 436,905 Net income / lexpenditurel for the yearl Net movement of fund5 14.346 14.346 110,3531 Fund balances at I September 2024 224,553 224.553 234,906 Fund balances at 31 August 2025 238,899 238.899 224,553 The statement of financial actNities include5 all gains and losses recognised in the year. All income and expenditure derives from continuing activities.
THE 8UNGALOW PARTNERSHIP NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st AUGUST 202S ACCOUNTING POLICIES Charity information The Bungalow Partnership is a Charitable Incorporated Orgoni5ation registered with the Charity Commission on 16, February 2015. b) Accounting convention The accounts have been prepared in accordance with the charity's governing document, the Charities Act 2011 and "Accountin8 and Reporting by Charitie5.' Statement of Recommended Practice applicable to charities preparing their account in accordance with the Financial Reporting Standard applicable in the UK and Ireland IFRS 1021" las amended for actounting period5 commencing from l January 20161. The charity is a Public Benefit Entity a5 defined by FRS 102. The accounts have been prepared in sterlin& which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The charity has taken advantage of the provisions in the SORP for charities applying FR5 102 Update Bulletin I not to prepare a Statement of Cash Flows. The accounts have been prepared under the historical cost convention. The principle accounting policies adopted are set out below. Going concern At the time of approvin8 the accounts. the trustee5 have a reasonable expectation that the charity has adequaie resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts. d) Charitable funds Unresiricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purposes and are available as general funds. Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund. with a fair allotation of management and support C05t5. De5i8nated funds are unrestricted funds eamarked by the trustees for a particular purpose. io
THE BUNGALOW PARTNERSHIP NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st AUGUST 2025 Incomlng resources Income 15 recognised when the charity is legally entitled to it after any performance conditions have been met. the amounts can be measured reliably. and it is probable that the income will be received. Income received in advance for the next period is deferred. Income is measured at the fair value of the consideration received or receivable and represents amounts receivable for serrfices provided in the normal course of the charivs activities. Grants, including grants for the purchase of fixed assets. are reco8nised in fvll in the Statement of Financial Artivities in the period in which they are receivable. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation unles5 performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deecls of covenant is recognised at the time of the donatlon. Legacies ère recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known. and receipt 15 expected. If the amount is not known, the legacy is treated a5 a contingent asset. Donated services are recognised as income based on the value of the gift to the charity, which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market: a corresponding amount is then recognised as expenditure in the period of receipt. Resources expended Resources expended are reco8nised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered and are allocated to the particular activity to which they relate. g) Intangible fixed assets other than goodwill Intangible assets acquired separately from a busine55 are recognised at cost and are subsequently measured at cost less accumulated amorti5ation and accumulated impairment losses. Intangible a55et5 acquired on business combinations are recognbsed separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that a attributable to the asset will flow to the enttty and the fair value of the asset can be measured reliably,. the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity. AmortiSation is recognised so as the write off the cost or valuation of assets less their residual values over their useful lives on the followin8 bases- Database
THE BUNGALOW PARTNERSHIP NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st AUGusf 2025 h) Tangible fixed assets Tangible fixed assets are stated at cost lor deemed costl or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset Capable of operating as intended. Depreciation is provided on all tangible fixed aet5. at rate5 calculated to write off the cost, less estimated residual value, of each asset on a systematic basi5 over its expected useful life as follows: Office equipment 20% Reducing balance Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowing5 in current liabilities. Financial instruments The charity has elected to apply the provisions of Section Il'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues. ol FRS 102 to all its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset. with the net amounts presented in the financial statements. when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Bosicfinonciol ossets Basic financial assets, which include debtors and cash and bank balances. are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arran8ement constitutes a financing transaction, where the transaction 15 measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Busicfinonciol liabilitie5 Basic financial liabilitie5. including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument IS measured at the present value of the future payments diKounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. Derecognition offinonciul liol)ilities Financial liabilities are derecognised when the charitrf5 contractual obligations expire or are discharged or cancelled. 12
THE BUNGALOW PARTNERSHIP NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st AUGUST 2025 k) Employee benefits The cost of any unused holiday entitlement 15 recogni5ed in the period in which the employee's service5 are received. Termination benefits are recognised immediately as an expense when the charity 15 demonstrably committed to tem)inate the employment of an employee or to provide termination benefits. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS In the application of the charitys accounting policies, the trustee5 are required to make judgements, estimates and assumption5 about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual res¥Jlts may differ from these estimates. The estimates and underlying assumptions are revIevd on an on8oing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods. INCOME- DONATIONS& GRANTS Unrestricted Fund5 Restrirted Funds Totsl 2025 Total 2024 Other donations & fundraising Community Grant Fund 8,438 8,438 7,259 8,438 8,438 7,259 INCOME - CHARITABLE AcnviTIES Unrestrfrted Funds Restrlcted Fund5 T¢)tal 2025 Total 2024 Therapeutic seNices Student placement income Training events 448.117 630 16.080 448,117 630 16,080 410,558 7,020 464.827 464.827 417,578 13
THE BUNGALOW PARTNERSHIP NOTES TO THÉ ACCOUNTS FOR THE YEAR ENDED 315t AUGUST 2025 EXPENDITURE- CHARITABLE AcfiviTIES Charitsble Activities Governance Costs T¢)tal 2025 T¢)tsl 2024 Staff costs Self-em lo ed staff: Management Therapeutic support staff Em lo ed staff.. Management Therapists Salaries Social security costs Pension costs 1,391 259,822 178.347 178,347 83.762 112.898 41,934 13,933 4.982 83,762 112,898 41,934 13.933 4,982 65,506 34,468 41,391 4,726 2,818 435,856 435,856 410,122 Other costs Rent Utilities Garden projectlpremises refurbishment Professional services Insurance Office supplies & equipment Bad debts Sundry expenses IT support & website Advertising & promotion Therapy & training costs Training delivery Staff training Independent Examinerfs Fee Depreciation 7.0 1,143 13 1.143 13 748 1.657 371 1.645 555 1.893 1,353 120 874 1.583 691 924 217 1,747 301 1,204 8,098 2,195 1,188 287 1.657 371 1,645 555 1.893 1.114 4.086 2.427 1.530 341 1,114 4,086 2.427 1,530 341 24.523 24,523 26,782 TOTAL EXPENDITURE 460.379 460,379 436,904 TRUSTEES None of the trustees lor any person connected with them) received any remuneration or benefits from the charity during the year. 14
THE BUNGALOW PARTNERSHIP NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st AUGU 2025 EMPLOYEES Number of employees The average monthly number of employees during the year was: 2025 No 2024 No Employees io Employment costs 2025 2024 Wages and salarie5 Pension costs 252,527 4,982 146,091 2,818 257.509 148,909 There were no employees whose annual remuneration was E60.CIXI or more. FIXED ASSEtS Intanglble Assets Database Office Equipment Total COST At 1st September 2024 Additions in the year 1.437 556 7,377 556 At 31st August 2025 5.940 1,993 7,933 DEPRECIATION At 1st September 2024 Charge for the year 287 341 287 341 At 31st August 2025 628 628 NET BOOK VALUE At 31st August 2025 5,940 1,365 7.305 At 31st Au8USt 2024 5.940 1,150 7,090 15
THE BUNGALOW PARTNERSHIP NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31rt AUGusf 2025 DEBTORS 2025 2024 Trade debtors Prepayments and accrued income 6.992 1,094 9,321 1,785 8,086 11,106 10. CREDITORS AND ACCRUALS 2025 2024 Other creditors Accruals Deferred income 3,189 1,260 I,iii 990 1,429 4,449 3,530 11. FUNDS There were no restricted funds durin8 the year. All income and expenditure related to unrestricted funds. 12. RELATED PARTIES There were no disclosable related party transactions during the year12024- none). 16