Charity registration number.. 1160885 Beeston Community Resource CIO Annual Report and Financial Statements for the Year Ended J l March 2025 Community Accounting Plus Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Beeston Community Resource CIO Contents (continued) Reference and Administrative Details Trustees, Report 2to5 Independent Examiner's Report Statement of Financial Activities 7t08 Balance Sheet Notes to the Financial Statements IOto21 Beeston Community Resource CIO Reference and Administrative Details Truslees Duncan Mitchell. Chair Valerie Curry, Vice Chair Chris Taylor, Financial & budget oversight Martin Brasier Sylvia Stephens Nick Austin Craig French Novlette Williams Kate Foale Senior Management Team Robert Ashford, CEO Charity Registration Number 160885 Principal O￿lee Middle Street Resource Centre 74 Middle Street Beeston Nottinghamshire NG9 2AR Independeni Examiner Eva Stevens, employee of Community Accounting Plus Unils l & 2 North West 41 Talbot Street Nottingham NGI 5GL Accountant5 Community Accounting Plus Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Page I Beeston Community Resource CIO Trustees, Report The trustees present the annual report touether with the financial statements of the charity for the year ended 31 March 2025. Truslees and officers The trnstees and officers serving during the year and since the year end were as folloivs: Trustees: Duncan Mitchell, Chair Valerie Cury, Vice Chair Chris Taylor, Financial & budget oversight Martin Brasier S!Ivia Stephens Nick Ausiin Craig French John Chambers (resigned 7 Febrnary 2025) Novlette Williams (appointed l) Autsust 2025) Kate Foale (appointed 13 Au(wust 2025) Structureg governanee and management ature ofgoverning document The charity is operated under the rules of its CIO foundation constitution adopted 13 March 2015. Recruilpnenl and appoinlpnenl of Iruslees All Trustees are appointed for a terni of three years by a simple resolution passed at a properly convened meeting of the Charity trustees. (See Beeston Communily Resource CIO Constitution, Section l O.) All appointments are preceded by an infonnal process (involving existing Trustees and the CEO) to ensure that ne￿. Trustees are invited and appointed w.ith due regard to the skills, knowledge and experience needed for the effective administrdtion and oversight of the Charity. Objectives and activities Objecls and aims ( l) The promotion of social inclusion arnongst people in Nottinghamshire, Derbyshire and Leicestershire who are socially excluded from society or parts of society as a result of mental ill-health. in particular through the provision of a resource centre providing opportunities and facilities for recreation, Social interaction, education, support and advice designed to a5515t the recovery and wellbeing ol such people and to enable them to integrate into society. (2) To promote for the benefit ol the inhabitants of the Borou-h of Broxtowe and the su￿ound1ng area the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by rea50n of their youth, age. infirtnity OT disablemenL financial hardship or social and economic circumstances or for the public at large in the inte￿$t$ of social welfare and with the object of improving the condition of life of the said inhabitants. The Trustees carry out their duties and responsibilities with due ￿gard to these aims and objectives. Page 2 Beeston Community Resource CIO Trustees, Report {continlled) Objeclive5, 51ralegie5 and aclivilie5 To provide a team of menthl health support ￿'OrkerS for individual support as required. Manage an effective community resource cenire offering support for mental health in the communitv through a series of Mindset groups and other wellbeing groups organised by outside organisations, e.g. Nottingham College, the Deinentia Memory Cafe and slimming ￿'orld. Encourdge volunteers to help in various managed Lisks within the centre Offer a Community Cafe for our regular users and the local inhabiLqnts. Public benefit BCR aims to support the beneficiaries and the local community by: _ *Reducing loneliness and social isolation; *Building self-confidence: *Lowering stress and anxiety; *Providing volunteering opportunities for therdpeutic benefit and building skills and experience; .Helping to reduce dependency on local statutory services such as GPS. crisis and locality mental health teams, and A & E by providing a non-clinical alternative for those M'ith support needs before they reach a clinical threshold- .Providing a safe space in the community cafe- .Providing rooms for hire to local groups and individuals. .Providing and maintaining a community garden for tranquil reflection and appreciating nature. The trustees confirni that they have complied M'ith the requirements of section 17 of the Charilies Act 201 I to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Achievements and performance The support offered to people with lived mental health issues has developed and increased as the year progressed, through a mixture of l- I meetings. group activities and volunteering opportunities. This has been a challenge, as volume has increased during this period. with the loss of one Mental Health Support Worker. Our staff have coped admirably well with this situation, though not without personal cost. Also, after a concerted advertising and promotion campaign. our Operations Manager and Admin staff have managed to significantly increase room hire and the revenue that comes from it. Due to successful funding bid5 by our Funding and Finance Coordinator, we have been able to continue to employ part time kitchen staff who were once paid from the COMF Fund, which ha5 enabled us to continue to offer an extended cafe Service until 4 in the afteTnoon. Our garden has been enriched by the addition ola summethouse and extensive work by our volunteer gardening team, who have made the garden into a beautiful space. a comment often made by new visitors to the Centre. Furthemore, our Mindset Program has been increased and enriched with the likes of TED talks, the philosophy group and Music Appreciation. and has seen increased engatsement from referred people and members of the wider public alike. Financial review We made an operational surplus of £60,865 in the year. This was primarily due to successffil funding bids but also down to an improvement in both Room Hire and Cafe income. This was significantly better than budgeted and has enabled us to fund additional Support Worker hours during the year and to ring-fence funds to maintain these into 25126. Page i Beeston Community Resource CIO Trustees, Report {continlled) Policy on reserves We hold a Reserve Fund of £ 100.000, this has been maintained from last year due to successful funding bids. This should help us cover any staff remunerations and cover an>. debts, should we get iTJto severe difficulties. The reserves are held over separate accounts to maximise Financial Services Compensation Scheme cover. Major risks and management oflhose ri5As Premise.s The main risk we face is if we lose the tenancy of the building. which we lease from Nottinghamshire County Council. There is an additional risk that ihe charges levied on us are increased significantly folloiving a review of the charging mechanisms by the Council. If we losi the use of the premises, we would have to look for major funding to find new premises. Other risks include a slowing down of Room Hire and the increasingly challenging grant funding environment impacting our income to cover salary and operaiional costs. Thanks The Beeston Consolidated Charity and the National Lottery have given vital support by providing grants for our core staifing costs. Grants from Moorbridge Lane Social Centre. the Garfield Weston Foundation. the Contain Outbreak Management Fund (COMF). the Edward G05tling Foundation. Nottinghamshire County Council Local Communities Fund. and the Thomas Farr Charity have supported general costs and important initiative5. The National Lottery 15 also supporting Mindset running costs. We have had grants for IT equipment from the Broxtowe Borough Council Shared Prosperity Fund. the Mark Benevolent Fund, and the East Midlands Airport Community Fund. Equipment was also donated by the WaVe]en￿h charity. Grants from the Finnis Scott Foundation, Boots Charitable Trust. Severn Trent Community Fund, J N Derbyshire Trust, Nottinghamshire County Council Divisional Fund and Tesco Stronger SLgrts have enabled garden developments and improvements. FOllo￿.ing us providing a venue for the Beeston and Chilwell Garden Trail, we received a donation funded from the ticket sales. We have also received a generous donalion, as a chosen local charity. from Oxjam Beeston. Plus, several generous donations from members of the Middle Street Communlty and local Masonic Lodges. We would like to give our wholehearted thanks to all of these funders, without whose generosity we would not be able to operate, and our thanks go out also to Nottinghamshire County Council for continuing to lease us the premises. Page 4 Beeston Community Resource CIO Trustees, Report {continlled) Slatemenl of Trustees, Responsibilities The trustees are responsible for preparing the trustees, report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generdlly Accepted Accounting Practice) and applicable law and regulations. The law applicable to charities 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 and of the incoming resources and application of resources of the charity for that period. 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; 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- and prepare the financial statemenls on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disc105e with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charilies Act 2011. the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity aTJd hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and fmancial infonnation included on the charitable company's website. Leuislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. The annual report was approved by the trustee5 olthe charity on 13 Novelnber 2025 and signed on its behalf by.. Duncan Mitchell Trustee Page 5 Beeston Community Resource CIO Independent Examiner's Report to the trustees of Beeston Community Resource CIO Independent examiner's report to Ihe Irustees of Beeston Community Resource CIO I report to the trustees on Tny examination of the accounts ol Beeston Community Resource CIO {the Charity) for the year ended 31 March 2025. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Charity's accounts carried out under section 145 of the 201 l Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act. Independenl examiner's statement Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 201 l Act. I confjrni that l am qualified to undertake the examination because l arn a member of the Chartered Institute of Public Finance and Accountancy {CIPFA). 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 that in any material respect- accounting records were not kept in respect of the Charity as required by section l JO of the Act; or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the accounting requirements concerning the fonn and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other rnatte￿ in connection with the examiTJation to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Ekcl S'IL￿.￿115, BS¢. LPFA, ¢mployee of Community Accounting Plus member of the Chartered Institute of Public Finance and Accountancy (CIPFA) Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL 10 December 2025 Beeston Community Resource CIO Statement of Finaneial Aetivities for the Year Ended 31 March 2025 Total 2025 Total 2024 Unrestricted Restricted Nole Income and Endowment5 from: Donations and legacies Charitable activities Other trading activities Investment income 106,)56 137,657 4.919 2.940 106,356 259,384 4,919 2,940 121,727 283,779 815 Total Income 251,872 121,727 J73,599 Expenditure on: Charitable activities (202.018) (110.716) {312,734) (270,759) Total Expenditure (?02.018) (110.716) {312,734) {270,759) Net income Gross transfers between funds 49,854 I 1,01 i (5.75)) 60,865 60,705 Net movement in funds 55.607 5,258 60,865 60.705 Reconcilialion of funds Total funds brought fO￿ard 125,69J 28.059 153,752 93,047 Total funds Ca￿led fO￿ard 18 181,300 214,617 153,752 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 18. The note5 on pages 1 O to 21 form an integral part olthe5e finaTJcial statements. Beeston Community Resource CIO Statement of Financial Activities for the Year Ended 31 Mareh 2025 (continued) These are the figures for the previous accounting period and are ineluded for comparative purposes Total 2024 Unrestricted Restricted Note Income and Endoivments from: Donations and legacies Charitable activities Other trading activities Investment income 39,476 114,166 7.394 815 39,476 283,779 7,394 815 169,613 Total Income 161,851 169,613 331,464 Expenditure on: Charitable activities (1 ?6.86i) (14i.896) {270,759) Total Expenditure (1?6.86J) {14J:896) (270,759) Net income Gross transfers between funds 34.988 2.016 25,717 (2.016) 60,705 Net movement in funds 23,701 60,705 Reconciliation of funds Total funds brought forward 88.689 4,358 93,047 Total funds carried forward 18 1 ?5,69 J 28,059 15J,752 The note5 on pages 1 O to 21 form an integral part olthe5e finaTJcial statements. ## Beeston Community Resource CIO ## (Registration number: 1160885) Balance Sheet as at 31 March 2025 **----- Start of picture text -----**
||||||||| |---|---|---|---|---|---|---|---| |2025|2024| |Note|£|£| |Fixed|assets| |Tangible|assets|12|8,205|3,269| |Current|assets| |Debtors|13|6,801|13,888| |Cash|at bank|and|in|hand|14|208,914|140,937| |215,715|154,825| |Creditors:|Amounts|falling due within|one year|15|(9,303)|(4,342)| |Net|current|assets|206.412|150,483| |Net|assets|214,617|153,752| |Funds|of the|charity:| |Restricted|income|funds| |Restricted|funds|18|33,317|28,059| |Unrestricted|income|funds| |Unrestricted|funds|181.300|125,693| |Total funds|18|214,617|153,752| **----- End of picture text -----**
The financial statements on pages 7 to 21 were approved by the trustees, and authorised for issue on 13 November 2025 and signed on their behalf by: Chris Taylor U Trustee The notes on pages 10 to 21 form an integral part of these financial statements. Page 9 Beeston Community Resource CIO Notes to the Financial Statements for the Year Ended 31 March 2025 l Accounting policies Statement of compliance The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019. the Financial Reporting Standard applicable in the United Kingdom and Republic of I￿land (FRS 102) and the Charities Act 2011. Basis of preparation Beeston Community Resource CIO meets the definition of a public benefit entitv under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othenvise stated in the relevant accounting policy notes. Exemption from preparing a cash flow statement Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the financial slalements. Going concern The financial statements have been prepared on a going concern basis. The trnstees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements. Income and endowments Volunlary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income. it is probable that the income will be received and the amount can be measured with sufficient reliability. Donations and legacies Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured. Grants receivable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where perforniance conditions are attached to the grant and are yet to be meL the income is recognised as a liability and included on the balance sheet as deferred income to be released. Investment income Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity. Page 10 Beeston Community Resource CIO Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) Expendilure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregaies similar costs to that calegory. Where costs cannot be directly attributed to particular headings they have been allocated on a basls consislent with the use of resources, with central staff costs allocated on the basis of time spent. and deprecialion charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Charilable activities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneflciaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Government grants Govemment grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classifled as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised a5 deferred income. Taxation The charity is considered to pa55 the tests set out in Paragrdph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purpose5. Accordingly, the charity is potentially exempt frotn taxation in respect ol income or capital gaiT]s received within categories covered by Chapter 3 Part I l of the Corporation Tax Act ?0 l O or Section 256 of the Taxation of Chargeable Gains Act 1992, to the exteni that such income or gains a￿ applied elclusively to charitable purposes. Tangible fixed assets Individual fixed assets costing £500.00 or more are initially recorded at cost. Depreciation and amortisation Depreciation is provided on tangible fixed assets $0 as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: A55et class General equiptnent IT equipment Vehicles Depreciation melhod and rate 200/0 on a straight line ba51S ii.) /0 on a straight line basis 200/0 on a straight line basis Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfonned in the ordinary course of business. Trade debtors are recognised initiall! at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairnient. A provision for the impainnent of debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original tenns of the receivables. Pagell Beeston Community Resource CIO Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-tenn highly liquid investments that are readily convertible to a known amount of cash and are subject to an insi￿lfICant risk of change in value. Trade credilors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounls payable are classified as current liabilities if the charity does not have an unconditional right. at the end of the reporting period. to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Borrowings Interest-bearing borrowings are initially recorded at fair value. net ol transaction costs. Intere5t-bearing borrowings are subsequently carried at amortised cost. with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recogni5ed as a charge to the over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective Inte￿St method and is included in interest payable and similar charges. Borrowings are Classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least t￿.¢]Ve monihs after the reporting date. Fund struclure Unrestricted income funds are general funds that are available for use at the trustees, discretion in filltherance of the objectives of the charity. Restricted income funds are those donated for use in a particular area or lor specific purposes, the use of which is restricted to that area or purpose. Pensions and other post retirement obligation5 The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold s￿￿1¢1¢nt assets to pay all employees the benefits relating to employee service in the Current and prior periods. Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribulion due for service, the excess is recognised as a prepayment. Page 12 Beeston Community Resource CIO Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 2 Income from donations and legacies Unrestricted runds General Totsl 202) Total 2024 Donations and legacies. Donations from companie5, trusts and similar proceeds Donations from individuals Grants, including capital grants; Government grants fv1,?21 12,986 64,221 12,986 23,761 12,915 29,149 29,149 2.800 106,J56 106,356 3 Income from charitable activities Unrestricted funds General Restricted funds Total 202) Total 2024 Grants & donations Room & centre hire Café & catering income Fees, services & sales Sundry income 121.727 121,727 66,350 70,607 480 ?20 169,61) 57.574 55.637 580 66,350 70,607 480 220 lJ7,657 121,727 259,384 28J,779 4 Income from other trading aclivilies Unrestricted fund5 General Total 2025 Total 2024 Local fundraising and street collection income 4,919 4,919 7,394 4,919 4,919 7,394 5 Investment ineome Unrestricted funds General Total 2025 Total 2024 Interest receivable and similar income; Interest receivable on bank deposits 2,940 2.940 815 Page li Beeston Community Resource CIO Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 6 Grants and donations Unrestricted (unds Restrieted funds Tot21 funds Beeston Consolidated Charity The National Lottery Community Fund Boots ChariL2ble Trust Moorbridge Lane Social Centre Severn Trent Community Fund Broxtowe BorouJ Council Finnis Scott Foundation Garfield Weston Contain Outbreak Management Fund (NCC) Edward Gostling Foundation Thoma5 Farr Charity East Midlands Airport Community fund Groundwork UK Nottinghamshire County Council Councillor5 Sundry donations 47,917 53,410 9.137 5.000 2.548 2.078 1,000 47,917 53,410 25,000 30,000 2,548 6,315 1,000 25,000 24,612 10,000 2,000 1,298 375 300 14,171 25,000 24,612 10,000 2,000 375 300 13,909 262 106,J56 121,727 228,08) Page 14 Beeston Community Resource CIO Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 7 Expenditure on charitable activities Unrestricted funds General Restricted funds Totsl 202) Total 2024 Activities & events Bank charges Catering costs Catering equipment Muslc Studio costs Garden supplies & equipment General equipment & fumilure Licences Insurance Minibus costs Office costs Overheads & site manager Professional fees Staff expenses Stationery, printing & postage Training Volunteer expenses Wages, NI & pension Sundry payments Depreciation 6,178 767 22,613 2,276 42 57 123 6,235 890 22,613 2,276 44 3,698 6,441 403 2,010 6,235 819 17,698 1,339 1,036 1,911 1,027 356 2,192 3,698 6,300 20 91 141 1.919 i.916 2.549 2,670 39,608 2,850 820 811 2,651 ,610 209,81) 46) 2,912 3,457 59.991 2,309 912 569 3,229 530 164.896 1,567 160 2.690 774 2.491 1.507 13.689 442 817 160 96,124 21 2,095 5,155 20?.018 110,716 J12,7J4 276,994 8 Net incomingloutgoing resources Net incoming resources for the year include: 2025 2024 Depreciation of fixed assets 2,912 5,155 Page 15 Beeston Community Resource CIO Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 9 Staff costs The aggregate payroll costs were as follows: 2025 2024 Staff cosls during the year were: Wages and salaries Social security costs Pension costs 199,487 7,546 2.780 159,162 1,281 209,81J 164,896 The monthly average number of persons (including senior management team} employed by the charity during the year was as follows.. 2025 2024 Average weekly number of employee5 12 6 (2024 - 5) of the above employees participated in the Defined Contribuiion Pension Schemes. Contributions to the employee pension schemes for the year totalled £2,780 (2024 - £1,281). No employee received emoluments of more than £60,000 during the year The total employee benefits of the key management personnel of the charity were £39.176 (2024 - £34,303). 10 Independent examiner's fees During the period, the fees payable (excluding VAT) to the charitv's independent examiner Community Accounting Plus are analysed as folloM'5- 2025 2024 Independent examination Other financial services 885 850 1,069 2,248 1,919 I l Taxatio The charity is a registered charity and is therefore exempt from corporation taxation. Page 16 Beeston Community Resource CIO Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 12 Tangible fixed assets Furniture and equipment Computer equipment Motor vebicles Total Cost At l April 2024 Addition5 5,675 16,434 2,647 3,939 24,756 7,848 At 31 March 2025 9,584 6.586 Depreciation At l April 2024 Charge for the year 2,406 1.599 2,647 21,487 2,912 At J l March 2025 4.005 16,434 24,399 Net book value At 31 March 2025 5.579 2.626 8.205 At 31 March 2024 13 Debtors 2025 2024 Prepayments Other debtors 464 416 13,472 6,801 13,888 14 Cash and cash equivalents 2025 2024 Cash on hand Cash at bank 85 208,8?9 172 140,765 208,914 140,937 Page17 Beeston Community Resource CIO Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 15 Creditor5: amounts falling due within one year 2025 2024 Trade creditors Other taxation and social security Other creditors 4.920 2.681 1.702 2,162 2,180 9,303 4,342 16 Obligations under leases and hire purchase contracts Operating lease commitments The charity holds a lease for a photocopier, the total future minimum lease payments under non-cancellable operating leases are a5 follow5.. 2025 2024 Other Within one year Between one and five year5 After five years 758 3,160 758 3,034 885 4.677 17 Commitments Capital commitments The charity holds a lease with Nottinghamshire County Council for the building at 74 Middle Street, Beeston with a peppercorn rent of £1 per annum (if demanded). This lease is for 15 Yea￿ until J l March 2031. The total amount contracted for but not provided in the financial statements was £Nil (2024 - £Nil). Page18 Beeston Community Resource CIO Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 18 Funds Balance at 31 Mareh 2025 Balance at April 2024 Incoming resources Resources expended Transfers Unrestricted funds Generol General fund 125.69) 251,872 (202.018) 181,300 Restricted funds Mindset Supporting Mental Health Outdoor space Equipment fund Community Garden Volunteers Salary - Management & Mental health worker 19.910 (9,955) (JJ,500} 9,955 16,500 6,862 16.500 8,559 10.774 9.626 (J,127) (2,626) (7,000) (J,000) 47,917 (47,917) Total restricted funds 28,059 121,727 (110.716) (5,75J) 33,317 Total funds 15J.752 J73.599 (312,734) 214,617 The specific purposes for which the funds are to be applied are as follo￿,5. The Mindset fund received funding from the National Lottery Community Fund. Following on from the Covid period and lockdowms we have needed to "kickstart" the Mindset programme with support from staff members and outside facilitators to continue eiisting groups such as Talk aTJd Support. Poetry and Guitar and set up new Creative Writing and photography groups. The main purpose of the fund was to help build the provision up again in a safe and positive way folloiying a traumatic period for most of our service users. Also from The National Lottery Communitv Fund ￿'aS funding for a Supporting Mentsl Health project, this funding helped towards the salary of the Menlal Health Support Worker roles. Last year, The National Grid gave funding tom'ards a projecl to help create an outdoor community space. This year further funding was received from Bools Charilable Trusl, Finnis Scott foundation, Groundwork UK and individual donations, ￿'hICh with the exception of some of the Boots funding was all spent in this financial year on the garden improvements. The remaining balance will be spent in the 2025126 year. The Equipment fund was a combination of funding from. BroXt0￿'e Borough Council: Moorbridge Lane Social Centre and Severn Trent, this enabled the centre to purchase IT equipment and furniture. Page 19 Beeston Community Resource CIO Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) Last year, The Community Garden Volunteers Project was funded by The Green Hall Foundation and was all spent and completed in this financial year. The project supported the community garden volunteers to grow their gardening skills and appreciate the mental health benefits of working in the garden. This helped towards the community garden activity, including training, support staff costs and equipment. Beeston Consolidated Charity kindly provided restricted funding which contributed towards our management and Mental Health Support Worker salaries throughout the year. There were also the following restriaed funds which completed last year: The Memorial garden was a fund sel up to enhance and develop an area of the communlty gardei) to be a place of tranquillity and peace where people could remember lost ones. We have partitioned an area off with a wooden structure and planted new plants and bushes as well as enhancing the seating area. This was started with the funding from the Co-operative Community Fund last year and continued with further funding from Tesco. The National Lottery Community Fund gave funding for a Cost of Living project, which covers the costs of premises, staff time and volunteer costs. The transfers from the Outdoor space fund and the Equipment fund to the General fund represents the net book value of fixed assets, the use of which is not subject to any restriction. Balance at 31 March 2024 Balance at I April 2023 Incoming resources Resource5 expended Transfers Unrestricted funds Generol General fund 88,689 161,851 (1 ?6,86J) 2,016 125,693 Restricted Memorial Garden Mindset Cost of Living (National Lottery) Supporting Mental Health Outdoor space Equipment fund Community Garden Volunteers Salary - Management & Mental health worker 168 4.190 ,125 (1 ?9J) (4.190) 74.481 (74,481 } (17,500) (928) (504) 16.500 8,559 9.487 2.520 (2.016) i.000 3,000 45,(K)O (45,000} Total restricted funds 4,358 169,61J (14J.896) (2,016) 28,059 Total funds 93,047 ii1.464 (270.759) 153,752 Page 20 Beeston Community Resource CIO Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 19 Analysis of net a55ets between funds Unrestricted 2025 Total funds General Restrieled Tangible fjxed assets Current assets Current liabilities 8.205 182,398 (9.30)) 8,205 215,715 (9,303) Total net assets 181,JOO i3,317 214,617 Unrestricted 2024 Total funds General Reslrieled Tangible fixed assets Current assets 126,766 (4,J"4?) 28,059 154,825 (4,342) Current liabilities Total net assets 1 ?5,69J 28,059 153,752 20 Related party transactions There were no related party transactions in the year. 21 Trustees remuneration and expenses No trustees, nor any persons connected with them. have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. Page21